How To Fix 64409 - Subscription periods of subscript. right expired on key date of corp.act.

64409 - Overview

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 409

• Message text: Subscription periods of subscript. right expired on key date of corp.act.

What causes this issue?

All the subscription periods for subscription right &V1& expired on the
key date of the corporate action.

Error message extract from SAP system. Copyright SAP SE.

64409 - Details

• The SAP error message 64409, which states "Subscription periods of subscript. right expired on key date of corp.act.," typically occurs in the context of managing subscription rights or corporate actions in SAP. This error indicates that the subscription rights associated with a particular corporate action have expired as of the key date specified.
  
  Cause:
  
  Expired Subscription Rights: The primary cause of this error is that the subscription rights for a security or financial instrument have expired before the key date of the corporate action.
  Incorrect Key Date: The key date for the corporate action may be set incorrectly, leading to a mismatch with the valid subscription periods.
  Data Entry Errors: There may be errors in the data entry related to the subscription rights or corporate actions, such as incorrect dates or missing information.
  
  
  Solution:
  
  Check Subscription Rights: Verify the subscription rights associated with the security. Ensure that they are still valid and have not expired before