How To Fix RY774 - Credit spread ignored: yield curve type &1 is not supported


RY774 - Overview

  • Message type: E = Error

  • Message class: RY - Messages for RM Basis

  • Message number: 774

  • Message text: Credit spread ignored: yield curve type &1 is not supported

  • Show details Hide details
  • What causes this issue?

    Credit spreads are ignored in the event of yield curve types with the
    following property:
    The
    <DS:DE.JBDCCUSE>Use Continuous Compounding Procedure</> indicator is
    set.

    System Response

    The credit spread is not applied during NPV calculation.

    How to fix this error?

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

    Procedure for System Administrators


    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message RY774 - Credit spread ignored: yield curve type &1 is not supported ?
    The SAP error message RY774, which states "Credit spread ignored: yield curve type &1 is not supported," typically occurs in the context of financial instruments and risk management within SAP systems, particularly when dealing with yield curves and credit spreads in valuation processes.
    
    Cause: The error is triggered when the system encounters a yield curve type that is not recognized or supported for the specific operation being performed. This can happen due to several reasons: Unsupported Yield Curve Type: The yield curve type specified in the transaction or configuration is not defined in the system or is not compatible with the current settings.
    Configuration Issues: There may be a misconfiguration in the financial settings or in the yield curve definitions within the SAP system. Data Entry Errors: Incorrect data entry or selection of yield curve types in the transaction can lead to this error. Missing Customization: If the system has been customized, the necessary configurations for

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