How To Fix JBD_MD018 - No interest rate volatility found that matches the selection criteria

SAP Error Message - Details

• Message type: E = Error

• Message class: JBD_MD - Messages for Market Data API

• Message number: 018

• Message text: No interest rate volatility found that matches the selection criteria

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message JBD_MD018 - No interest rate volatility found that matches the selection criteria ?

  The SAP error message JBD_MD018, which states "No interest rate volatility found that matches the selection criteria," typically occurs in the context of financial transactions involving interest rate derivatives or similar financial instruments. This error indicates that the system could not find any interest rate volatility data that meets the criteria specified in your transaction or report.
  Causes:
  
  
  Missing Data: The most common cause is that the required interest rate volatility data has not been maintained in the system. This could be due to missing entries in the relevant tables or configuration settings.
  
  
  Incorrect Selection Criteria: The selection criteria you are using (such as date range, currency, or specific financial instruments) may not match any existing volatility data.
  
  
  Data Validity: The volatility data may exist but could be marked as inactive or not valid for the specified period.
  
  
  Configuration Issues: There may be issues with the configuration of the financial instruments or the market data settings in your SAP system.
  
  
  Solutions:
  
  
  Check Data Maintenance: Verify that the interest rate volatility data has been correctly maintained in the system. You can do this by checking the relevant tables (e.g., TBB1, TBB2) or using transaction codes like TBB1 (for maintaining interest rate volatilities).
  
  
  Review Selection Criteria: Double-check the selection criteria you are using in your transaction. Ensure that the date range, currency, and other parameters are correctly specified and that they correspond to the available data.
  
  
  Activate Data: If the volatility data exists but is inactive, you may need to activate it or update its validity period.
  
  
  Consult Documentation: Review the SAP documentation or help files related to interest rate derivatives and volatility data to ensure that you are following the correct procedures.
  
  
  Contact 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:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TBB1 for maintaining interest rate volatilities, TBB2 for displaying them, and TBB3 for reporting.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or updates.
  Training and Documentation: Ensure that users involved in financial transactions are trained on how to maintain and utilize interest rate volatility data effectively.
  
  By following these steps, you should be able to identify the cause of the JBD_MD018 error and implement a solution to resolve it.