How To Fix FTYC226 - Basis spread curve &1 in &2 has basis spread IDs with the same maturity

FTYC226 - Overview

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 226

• Message text: Basis spread curve &1 in &2 has basis spread IDs with the same maturity

What causes this issue?

The basis spread curve &V1& in currency/tenor pair &V2& for &V3&
contains basis spread IDs with the same maturity date.
Either the basis spread curve contains incorrect basis spread ID grid
points, or the maturities specified for the basis spread IDs are
incorrect.

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?

Correct the incorrect grid points of the basis spread curve or the
incorrect maturities of the basis spread IDs.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FTYC226 - Details

• The SAP error message FTYC226 indicates that there is an issue with the basis spread curve configuration in the system. Specifically, it points out that there are multiple basis spread IDs that have the same maturity date, which is not allowed in the configuration of basis spread curves.
  
  Cause:
  The error is typically caused by one of the following:
  
  Duplicate Entries: There are duplicate basis spread IDs defined for the same maturity date in the configuration of the basis spread curve.
  Incorrect Configuration: The basis spread curve may have been incorrectly set up, leading to overlapping maturity dates for different basis spreads.
  Data Import Issues: If data was imported into the system, it may have included duplicates or incorrect entries.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Basis Spread Configuration:
  
  Navigate to the configuration settings for the basis spread curves in your SAP system.
  Look for the specific basis spread curve mentioned in the error