How To Fix RY402 - Yield curve type &1 in currency &2 not maintained for scenario &3

RY402 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 402

• Message text: Yield curve type &1 in currency &2 not maintained for scenario &3

What causes this issue?

The current market data is being used for yield curve &V1&(&V2&) within
the context of scenario &V3&.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY402 - Yield curve type &1 in currency &2 not maintained for scenario &3 ?

  The SAP error message RY402 indicates that a yield curve type for a specific currency and scenario has not been maintained in the system. This error typically arises in the context of financial applications, particularly in treasury and risk management modules where yield curves are used for various calculations, such as pricing, valuation, and risk assessment.
  
  Cause:
  
  Missing Yield Curve Configuration: The specified yield curve type for the given currency and scenario has not been set up in the system.
  Incorrect Configuration: The yield curve might be incorrectly configured or not activated for the specified scenario.
  Data Entry Error: There may be a typo or incorrect entry in the transaction or configuration settings that reference the yield curve.
  
  
  Solution:
  
  
  Maintain Yield Curve:
  
  Go to the transaction code for maintaining yield curves (e.g., TCURV or FINS_CURRENCY_YIELD_CURVE).
  Check if the yield curve type for the specified currency and scenario exists.
  If it does not exist, create a new yield curve entry