How To Fix TBA_PRICEQUOT044 - Time to maturity &1 is not allowed for MIC &2 and price type &3

TBA_PRICEQUOT044 - Overview

• Message type: E = Error

• Message class: TBA_PRICEQUOT - Messages related to Price Quotation Services

• Message number: 044

• Message text: Time to maturity &1 is not allowed for MIC &2 and price type &3

What causes this issue?

For the market identifier code (MIC) &V2& and price type &V3&, it is not
possible to use time to maturity &V1&.

System Response

The price quotation could not be added to the market data table.

How to fix this error?

In Customizing, check the settings for the usage of time to maturity
&V1& for market identifier code (MIC) &V2& and price type &V3&. Either
adjust the usage of time to maturity &V1& for market identifier code
(MIC) &V2& and price type &V3&, or specify a valid time to maturity in
the price quotation.
Note:
In the case of a time to maturity that, in Customizing, is assigned to a
certain combination of MIC and price type, the time to maturity is not
derived automatically. Instead, the user has to manually enter the
permitted time to maturity.
You find the Customizing activity under <LS>Treasury and Risk Management
-> Basic Functions -> Market Data Management -> Master Data -> Market
Data Based on Derivative Contract Specifications -> Derivative Contract
Specifications -> </>
<DS:SIMG.TBAV_TENOR>Specify Times to Maturity</>.

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.

TBA_PRICEQUOT044 - Details

• The SAP error message TBA_PRICEQUOT044 indicates that there is an issue with the time to maturity for a financial instrument in the context of pricing. This error typically arises in the context of financial transactions involving instruments such as bonds, options, or other derivatives where the time to maturity is a critical factor in pricing.
  
  Cause:
  The error message is triggered when the specified time to maturity (denoted as &1) is not valid for the specified Market Identifier Code (MIC) &2 and the price type &3. This can occur due to several reasons:
  
  Invalid Time to Maturity: The time to maturity specified in the transaction is outside the acceptable range defined for the specific MIC and price type.
  
  Configuration Issues: The system may not be properly configured to handle the specified time to maturity for the given financial instrument.
  Market Data Issues: The market data for the specified MIC may not be updated or may