How To Fix 64151 - Conversion right exercised for convertible bond

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 151

• Message text: Conversion right exercised for convertible bond

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 64151 - Conversion right exercised for convertible bond ?

  The SAP error message 64151, "Conversion right exercised for convertible bond," typically occurs in the context of financial transactions involving convertible bonds. This error indicates that there is an issue with the conversion of a convertible bond into equity or another financial instrument.
  Cause:
  
  Incorrect Configuration: The system may not be properly configured to handle the conversion of convertible bonds.
  Missing Data: Required data for the conversion process may be missing or incorrectly entered.
  Transaction Type: The transaction type used for the conversion may not be valid or recognized by the system.
  Status of the Bond: The convertible bond may not be in a status that allows for conversion (e.g., it may have already been converted or is not eligible for conversion).
  Valuation Issues: There may be issues related to the valuation of the bond or the underlying equity.
  
  Solution:
  
  Check Configuration: Ensure that the configuration for convertible bonds in the SAP system is set up correctly. This includes checking the settings for the bond type and conversion rights.
  Verify Data: Review the data entered for the conversion transaction. Ensure that all required fields are filled out correctly and that the bond is eligible for conversion.
  Review Transaction Type: Make sure that the transaction type used for the conversion is appropriate and recognized by the system.
  Check Bond Status: Verify the status of the convertible bond. If it has already been converted or is not eligible for conversion, you may need to take different actions.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling convertible bonds and the conversion process.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide updates and patches.
  User Manuals: Review user manuals or guides related to financial instruments and convertible bonds in SAP.
  Training: Consider training sessions for users involved in managing convertible bonds to ensure they understand the processes and configurations involved.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.