How To Fix FTYC021 - Yield curve &1 in &2 is missing or incorrect

SAP Error Message - Details

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 021

• Message text: Yield curve &1 in &2 is missing or incorrect

What causes this issue?

The yield curve &V1& in &V2& does not exist or is inconsistent. This can
have one of the following reasons:
The curve does not exist at all.
At least one of the assigned reference interest rates does not exist.
The payment frequency of the yield curve type or one of the assigned
reference interest rates is not defined.
Settings of the yield curve and/or some reference interest rates are
incomplete because the settings are not migrated to the yield curve
framework.

System Response

No interest rates or discount factors can be calculated.

How to fix this error?

Adjust the Customizing settings under
<DS:SIMG.JBGKN>Define Yield Curve Types</> so that the curve is defined
properly.
You can check the yield curve settings with the check function within
the Customizing activity or you can execute the check report
FTBB_YC_YCCHECK using <LS>ABAP Editor</> (transaction <AB>SE38</>) to
identify inconsistencies in how the yield curves are set up.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTYC021 - Yield curve &1 in &2 is missing or incorrect ?

  The SAP error message FTYC021 indicates that there is an issue with the yield curve configuration in the system. This error typically arises in the context of financial transactions, particularly in areas related to treasury and risk management, where yield curves are used for valuation and pricing of financial instruments.
  
  Cause:
  
  Missing Yield Curve: The specified yield curve does not exist in the system for the given date or period.
  Incorrect Configuration: The yield curve may be incorrectly configured, meaning that the parameters or data points required for the curve are missing or invalid.
  Date Issues: The yield curve might not be valid for the date being referenced in the transaction.
  Master Data Issues: Related master data (like interest rate types or currency) may not be set up correctly.
  
  
  Solution:
  
  
  Check Yield Curve Configuration:
  
  Go to the transaction code for yield curve maintenance (e.g., TCURV or OTC1).
  Verify that the yield curve specified in the error message exists and