How To Fix RY413 - Reference interest rate &1: Change of sign from &2 to &3

RY413 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 413

• Message text: Reference interest rate &1: Change of sign from &2 to &3

What causes this issue?

In accordance with the
<DS:DE.TV_STYP>element category</>, <ZK>logarithmic </>rate changes
have to be calculated. This is not possible when the sign of the rate is
changed.

System Response

The sample from &V2& to &V3& is ignored and is handled like missing
market data.

How to fix this error?

If the calculation failed because of this, you can either change the
<ZK>element category</> (under
<DS:SIMG._V_ATVO3>Define Statistics Type</>) or increase the permitted
number of missing rates.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

RY413 - Details

• The SAP error message RY413, which states "Reference interest rate &1: Change of sign from &2 to &3," typically occurs in the context of financial transactions involving interest rates, particularly when dealing with reference interest rates in the SAP system.
  
  Cause:
  This error message indicates that there has been a change in the sign of a reference interest rate. Specifically, it means that the system has detected a discrepancy where the interest rate was expected to be positive or negative, but it has changed from one sign to another. This can happen due to various reasons, such as:
  
  Data Entry Errors: Incorrect manual entry of interest rates in the system.
  
  Configuration Issues: Incorrect settings in the interest rate configuration or in the financial transaction settings.
  Changes in Market Conditions: Fluctuations in market interest rates that have not been updated in the system.
  System Updates or Changes: Changes in the underlying data or updates to the system