How To Fix FTYC225 - Spreads missing: basis spread curve &1, currency/tenor pair &2, date &3

FTYC225 - Overview

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 225

• Message text: Spreads missing: basis spread curve &1, currency/tenor pair &2, date &3

What causes this issue?

Basis spreads are missing: basis spread curve &V1&, currency/tenor pair
&V2&, date &V3&.
This may be due to the following:
No basis spreads exist for any of the basis spread grid points of the
basis spread curve.
Although basis spreads exist, they are older than the maximum age
defined in Customizing for the basis spread curve.
Basis spreads for a specific validity date have been identified but not
for all the grid points indicated as mandatory for the basis spread
curve in Customizing.

System Response

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

How to fix this error?

Check and correct your settings in the activity
<DS:SIMG.RMBSM>Enter Basis Spreads</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FTYC225 - Details

• The SAP error message FTYC225 indicates that there is a missing basis spread curve for a specific currency/tenor pair on a given date. This error typically arises in the context of financial instruments, particularly in the area of treasury and risk management, where basis spreads are used to adjust the pricing of financial products.
  
  Cause:
  
  
  Missing Basis Spread Curve: The primary cause of this error is that the system cannot find the required basis spread curve for the specified currency and tenor on the given date. This could be due to:
  
  The curve not being defined in the system.
  The curve not being activated for the specified date.
  Incorrect configuration or data entry.
  
  
  
  Data Entry Issues: There may be errors in the data entry for the currency, tenor, or date, leading the system to look for a curve that does not exist.
  
  
  
  Configuration Issues: The configuration settings for the basis spread curves may not be set up