How To Fix FTYC326 - Credit spread curve &1 has credit spread IDs with the same maturity

SAP Error Message - Details

• Message type: E = Error

• Message class: FTYC - Messages: Yield Curve Framework

• Message number: 326

• Message text: Credit spread curve &1 has credit spread IDs with the same maturity

What causes this issue?

The credit spread curve &V1& for &V2& contains basis spread IDs with the
same maturity date.
Either the credit spread curve structure contains incorrect credit
spread ID grid points, or the maturities specified for the credit 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 credit spread curve structure
or the incorrect maturities of the credit 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 FTYC326 - Credit spread curve &1 has credit spread IDs with the same maturity ?

  The SAP error message FTYC326 indicates that there is an issue with the credit spread curve configuration in the system. Specifically, it points out that there are multiple credit spread IDs associated with the same maturity date, which is not allowed. This can lead to ambiguity in the calculations and processing of credit spreads.
  Cause:
  
  Duplicate Entries: The primary cause of this error is the presence of duplicate credit spread IDs for the same maturity in the credit spread curve configuration.
  Data Entry Errors: During the setup or maintenance of credit spread curves, there may have been mistakes in entering the data, leading to duplicates.
  Configuration Issues: Incorrect configuration settings in the credit spread curve setup can also lead to this error.
  
  Solution:
  
  Identify Duplicates: Review the credit spread curve configuration to identify the credit spread IDs that have the same maturity. This can typically be done through the SAP transaction codes related to credit spread management.
  Remove or Merge Duplicates: Once identified, you can either remove the duplicate entries or merge them if they represent the same data. Ensure that each maturity has a unique credit spread ID.
  Data Validation: Implement data validation checks to prevent the entry of duplicate credit spread IDs in the future.
  Testing: After making the necessary changes, test the credit spread curve to ensure that the error no longer occurs and that the system behaves as expected.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TCURV (for managing curves) or FTR_EDIT (for editing financial transactions) that may help in navigating to the credit spread configuration.
  Documentation: Refer to SAP documentation or help files related to credit spread curves for detailed guidance on configuration and best practices.
  Support: If the issue persists or if you are unsure about making changes, consider reaching out to your SAP support team or consulting with an SAP expert.
  
  By addressing the duplicate credit spread IDs and ensuring proper configuration, you should be able to resolve the FTYC326 error and maintain the integrity of your credit spread curves.