How To Fix T0484 - Interest rates of curve type &1 in currency &2 are not up to date

SAP Error Message - Details

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 484

• Message text: Interest rates of curve type &1 in currency &2 are not up to date

What causes this issue?

The interest rates determined for yield curve &V1& in currency &V2&
are not current.

System Response

These interest rates are used for calculation.

How to fix this error?

Check if the interest rates still correspond to the current conditions;
if this is not the case, maintain the current interest rates.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T0484 - Interest rates of curve type &1 in currency &2 are not up to date ?

  The SAP error message T0484 indicates that the interest rates for a specific curve type in a given currency are not up to date. This typically occurs in the context of financial applications within SAP, such as Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM), where interest rate curves are used for various calculations, including pricing, valuation, and risk management.
  Cause:
  
  Outdated Interest Rate Curves: The primary cause of this error is that the interest rate curves have not been updated with the latest rates. This can happen if the system has not been maintained regularly or if the data feed for interest rates has been interrupted.
  Configuration Issues: There may be configuration issues in the system that prevent the interest rates from being updated correctly.
  Missing Data: The required interest rate data for the specified curve type and currency may be missing from the system.
  
  Solution:
  
  
  Update Interest Rate Curves:
  
  Navigate to the relevant transaction in SAP (e.g., transaction code TCURV for managing interest rate curves).
  Check the interest rate curves for the specified curve type and currency.
  Update the curves with the latest interest rates. This may involve importing data from external sources or manually entering the rates.
  
  
  
  Check Configuration:
  
  Ensure that the configuration settings for interest rate curves are correct. This includes checking the settings in the customizing (SPRO) for Treasury and Risk Management or Financial Supply Chain Management.
  Verify that the curve type and currency are correctly defined in the system.
  
  
  
  Data Consistency Check:
  
  Run consistency checks to ensure that all required data is present and correctly configured.
  Use transaction codes like OB08 to maintain exchange rates and interest rates if applicable.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on maintaining interest rate curves.
  
  
  
  Contact Support:
  
  If the issue persists after updating the curves and checking configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TCURV (for managing curves), OB08 (for maintaining exchange rates), and others related to Treasury and Risk Management.
  SAP Notes: Check for any SAP Notes related to interest rate curves and updates, as they may provide additional guidance or patches.
  User Roles: Ensure that you have the necessary authorizations to update interest rate curves in the system.
  
  By following these steps, you should be able to resolve the T0484 error and ensure that your interest rate curves are up to date.