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Message type: E = Error
Message class: T8 - Analysis system evaluations
Message number: 155
Message text: Convexity adjustment calc. for ref. IR &1: term &2 days are too short
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The SAP error message T8155, which states "Convexity adjustment calc. for ref. IR &1: term &2 days are too short," typically occurs in the context of financial instruments, particularly when dealing with interest rate calculations and convexity adjustments in the SAP Treasury and Risk Management module.
Cause: This error generally arises when the term (in days) for the interest rate reference is shorter than what is required for the convexity adjustment calculation. Convexity adjustments are used to account for the curvature in the price-yield relationship of bonds and other fixed-income securities. If the term is too short, the system cannot perform the necessary calculations, leading to this error.
Solution: To resolve this error, consider the following steps: Check Interest Rate Reference: Verify the interest rate reference (&1) being used in the calculation. Ensure that it is correctly configured and that the term (in days) is appropriate for the financial instrument in question. Adjust Term: If the
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