Key Rates

You can use the Key Rates setup page to store and maintain key rates that are used in the Profitability, Pricing, and Forecasting modules.

This page provides access to system-maintained yield curves, the prime rate found in the Other category, and any custom categories and rates added by users.

Liquidity Premium

In the yield curve screens, a liquidity premium value for FTP Profitability and FTP Pricing calculations is available for terms above one month. This field is only used to calculate floating rate instruments. The calculation uses the expected life of the instrument and takes the rate entered in the Liquidity Premium field for the selected term, interpolates as needed, and adds it to the one-month rate.

Viewing Individual Points on a Yield Curve

You can expand a category list and view individual rates and additional setup options for each rate.

System-Maintained Yield Curves

FHLB Yield Curve
SOFR Swap Yield Curve
Treasury Yield Curve

Note As of December 2024, LIBOR rates are no longer available. For existing rates, you can edit any rate under the LIBOR curve on the Update > Reconciliation Summary > Update Key Rates page to edit historical time frames.

Review the key rate sources information to see which funding curve rates are used in Financial Performance Suite (FPS).

For example, if you are looking at the 18 Months term for a key rate in FPS, then the rate that FPS uses is the 1.5-year point on the yield curve.

The rates for the points on the FHLB, SOFR Swap, Treasury yield curves, and Prime are updated automatically every business day. Custom rates can be manually updated or automatically uploaded daily using the FPS Key Rate API.