How To Fix FTBBYC006 - Reference rate &1 is used in basis spread ID &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FTBBYC - Messages for DB accesses

• Message number: 006

• Message text: Reference rate &1 is used in basis spread ID &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTBBYC006 - Reference rate &1 is used in basis spread ID &2 ?

  The SAP error message FTBBYC006 indicates that there is an issue related to the reference rate being used in a basis spread configuration. This error typically arises in the context of financial instruments, particularly in the area of interest rate derivatives or financial contracts that involve basis spreads.
  
  Cause:
  The error message FTBBYC006 is triggered when:
  
  A reference rate (denoted as &1 in the error message) is being used in a basis spread configuration (denoted as &2) that is not valid or is incorrectly set up.
  There may be a mismatch between the reference rate and the basis spread ID, or the reference rate may not be defined correctly in the system.
  The configuration for the basis spread may be incomplete or incorrect, leading to the system being unable to process the financial transaction.
  
  
  Solution:
  To resolve the FTBBYC006 error, you can take the following steps:
  
  
  Check Configuration:
  
  Verify the configuration of the basis spread ID in the system.