Message type: E = Error
Message class: FVER - Message Class for Executable Security Rights
Message number: 054
Message text: Date for 'end of conversion period' missing for convertible bond &1
The end date of the conversion period for the convertible bond with ID
number &V1& is missing.
To convert the bond, you must first enter the missing date in the class
data.
Error message extract from SAP system. Copyright SAP SE.
FVER054
- Date for 'end of conversion period' missing for convertible bond &1 ?The SAP error message FVER054 indicates that there is a missing date for the "end of conversion period" for a convertible bond in the system. This error typically arises in the context of financial instruments, particularly when dealing with convertible bonds, which are bonds that can be converted into a predetermined number of the company's equity shares.
Cause: The error is caused by the absence of a defined date for the end of the conversion period for the specified convertible bond. This date is crucial for the system to understand when the bond can be converted into shares, and without it, the system cannot process transactions related to the bond.
Solution: To resolve this error, you need to ensure that the end of the conversion period is correctly defined in the system. Here are the steps you can take: Check the Bond Master Data: Navigate to the bond master data in SAP (Transaction Code: FTR_EDIT or
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