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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTYC226 - Basis spread curve &1 in &2 has basis spread IDs with the same maturity ?

  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 message (indicated by &1 in &2).
  Identify the basis spread IDs that have the same maturity date.
  
  
  
  Remove Duplicates:
  
  If you find duplicate basis spread IDs for the same maturity, you will need to remove or modify one of the entries to ensure that each maturity date has a unique basis spread ID.
  
  
  
  Validate Data:
  
  If the data was imported, validate the source data to ensure there are no duplicates before importing it again.
  Consider using data validation tools or scripts to check for duplicates in your data set.
  
  
  
  Test Changes:
  
  After making the necessary changes, test the basis spread curve configuration to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring basis spread curves and understanding the implications of the error.
  
  
  
  Seek Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Basis Spread Curves: These are used in financial applications to adjust the yield curves based on the differences between different financial instruments.
  SAP Financial Services: This error is often encountered in the context of SAP's financial services modules, particularly in treasury and risk management.
  Transaction Codes: Familiarize yourself with relevant transaction codes (like FTR_CREATE, FTR_EDIT) that may help you navigate to the configuration settings for basis spread curves.
  
  By following these steps, you should be able to identify and resolve the issue causing the FTYC226 error in your SAP system.