How To Fix RY562 - Swap rate curve structure &1 contains empty term structure

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 562

• Message text: Swap rate curve structure &1 contains empty term structure

What causes this issue?

The FX swap rate curve structure does not contain a term structure.

System Response

The calculations cannot be completed.

How to fix this error?

Specify a term structure for the FX swap rate curve structure in the
Customizing activity
<DS:SIMG.VC_FTBB_FXPT_CRV>Define Swap Rate Curve Structure</>.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY562 - Swap rate curve structure &1 contains empty term structure ?

  The SAP error message RY562 indicates that there is an issue with the swap rate curve structure in the system. Specifically, it states that the curve structure contains an empty term structure, which means that the system is unable to find the necessary data for the specified curve.
  Cause:
  
  Missing Data: The most common cause of this error is that the term structure for the specified swap rate curve has not been defined or is incomplete. This could happen if the necessary market data has not been uploaded or if the configuration for the curve is incorrect.
  Incorrect Configuration: The curve structure may not be properly configured in the system, leading to an inability to retrieve the required data.
  Data Deletion: If the term structure data was deleted or not properly maintained, it could lead to this error.
  
  Solution:
  
  Check Curve Configuration: Go to the configuration settings for the swap rate curve in the SAP system. Ensure that the curve is correctly defined and that all necessary parameters are set.
  Verify Term Structure Data: Check if the term structure data for the specified curve exists. You can do this by navigating to the relevant transaction codes (e.g., transaction code TCURV for curve maintenance) and verifying that the term structure is populated with the necessary data.
  Upload Market Data: If the term structure is missing, you may need to upload the relevant market data. This can often be done through a data import process or by manually entering the required data.
  Consult Documentation: Review the SAP documentation or help resources related to interest rate curves and swap rate configurations 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 TCURV for curve maintenance, FTR_CREATE for creating financial transactions, and FTR_EDIT for editing them.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  Documentation: Review the SAP Financial Services documentation for more information on managing interest rate curves and swap rates.
  
  By following these steps, you should be able to identify the cause of the RY562 error and implement a solution to resolve it.