How To Fix 65107 - Bond cannot be drawn after final maturity

SAP Error Message - Details

• Message type: E = Error

• Message class: 65 - Securities class data

• Message number: 107

• Message text: Bond cannot be drawn after final maturity

What causes this issue?

It does not make sense to have the drawing date &V2& (master data)
after the final maturity date &V1& (condition header).

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message 65107 - Bond cannot be drawn after final maturity ?

  The SAP error message 65107, "Bond cannot be drawn after final maturity," typically occurs in the context of financial transactions involving bonds in SAP's Treasury and Risk Management module. This error indicates that an attempt is being made to draw or redeem a bond after its final maturity date has passed.
  Cause:
  
  Final Maturity Date Passed: The primary cause of this error is that the bond's final maturity date has already been reached. Once a bond reaches its maturity date, it can no longer be redeemed or drawn.
  Incorrect Transaction Date: The transaction date being used for the bond draw may be set to a date that is after the bond's maturity date.
  Configuration Issues: There may be issues with the configuration of the bond in the system, such as incorrect maturity dates or settings.
  
  Solution:
  
  Check Maturity Date: Verify the maturity date of the bond in question. If the bond has indeed matured, you will not be able to draw it. You may need to process any final payments or interest calculations instead.
  Adjust Transaction Date: If the transaction date is incorrect, adjust it to a date that is on or before the bond's maturity date.
  Review Bond Configuration: Check the configuration settings for the bond in SAP. Ensure that the maturity date and other relevant details are correctly set up.
  Consult Documentation: Refer to SAP documentation or your organization's internal guidelines for handling bond transactions to ensure compliance with procedures.
  Contact Support: If the issue persists and you believe it should not be occurring, consider reaching out to your SAP support team or consulting with a financial expert familiar with SAP Treasury.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Manuals: Review user manuals or training materials related to bond management in SAP for best practices and troubleshooting steps.
  Financial Regulations: Be aware of any financial regulations or policies that govern bond transactions in your organization, as these may impact how you handle matured bonds.
  
  By following these steps, you should be able to resolve the error and ensure proper handling of bond transactions in SAP.