How To Fix T0489 - No default yield curve exists for evaluation type &

SAP Error Message - Details

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 489

• Message text: No default yield curve exists for evaluation type &

What causes this issue?

The default yield curve type is not determined for evaluation type
&V1&.

System Response

The evaluation cannot be carried out.

How to fix this error?

Maintain the missing yield curve for the required evaluation type in
Customizing or choose another evaluation type if necessary.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T0489 - No default yield curve exists for evaluation type & ?

  The SAP error message T0489, which states "No default yield curve exists for evaluation type &," typically occurs in the context of financial transactions, particularly when dealing with interest rate calculations, bond valuations, or other financial instruments that require yield curves.
  Cause:
  The error indicates that the system is unable to find a default yield curve for the specified evaluation type. This can happen for several reasons:
  
  Missing Configuration: The yield curve for the specified evaluation type has not been defined in the system.
  Incorrect Evaluation Type: The evaluation type being used may not be valid or may not have an associated yield curve.
  Data Inconsistency: There may be inconsistencies or missing data in the configuration settings related to yield curves.
  Time Period Issues: The yield curve may not be available for the specific time period being evaluated.
  
  Solution:
  To resolve the T0489 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for yield curves in SAP. This is typically found under the Financial Services (FS) module or the Treasury module.
  Ensure that a yield curve is defined for the evaluation type in question. You can do this by navigating to the relevant configuration path, such as:
  
  Transaction Code: SPRO
  Path: Financial Services > Treasury and Risk Management > Market Risk Management > Yield Curve > Define Yield Curves
  
  
  
  
  
  Define Default Yield Curve:
  
  If a yield curve does not exist for the evaluation type, you will need to create one. Make sure to specify the correct parameters and ensure it is marked as the default for the evaluation type.
  
  
  
  Verify Evaluation Type:
  
  Check if the evaluation type you are using is correct and valid. You can do this by reviewing the documentation or configuration settings related to evaluation types.
  
  
  
  Check Time Period:
  
  Ensure that the yield curve is available for the time period you are trying to evaluate. If the yield curve is time-sensitive, it may not be applicable for the date you are working with.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on yield curves and evaluation types.
  
  
  
  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 SPRO (for configuration), and others related to yield curve management.
  SAP Notes: Check SAP Notes for any known issues or patches related to yield curves and evaluation types.
  Training and Documentation: Consider training sessions or documentation on Treasury and Risk Management in SAP to better understand yield curves and their configurations.
  
  By following these steps, you should be able to identify the cause of the T0489 error and implement the necessary solutions to resolve it.