Add interest rate cap type
Use case
In this example we will review how to add an interest rate cap type.
Use case data
API parameters with values
We will add a Bank of Finland PIRC interest rate cap.
The interest rate cap is applied instantly.
The 4eye confirmation for the the interest rate cap fixings is not required.
Sample API call
To add a new interest rate cap type, make the following API call.
Sample request
Below is an example request body of the API call for adding a new interest rate cap types.
{
"interestRateCapCode": "Bank of Finland PIRC",
"rateCapApplicationRule": "INSTANT",
"fourEyeRequired": false
}
curl --location 'https://currency-api.sandbox.tuumplatform.com/api/v1/interest-rate-caps/types' \
--header 'x-auth-token: eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJleHBpcnlEVGltZSI6IjIwMjMtMDktMjVUMTQ6MTc6MjkiLCJyb2xlcyI6WyJBRE1JTiJdLCJuYW1lIjoiSm9obiBPZmZpY2VyIiwiZW1wbG95ZWVJZCI6IjEiLCJ0ZW5hbnRDb2RlIjoiTUIiLCJleHAiOjE2OTU2NTE0NDl9.Zo39uMKkrlxqsjRTwhEGwz2NukSnBigNTztbtYYPb3k' \
--header 'x-channel-code: SYSTEM' \
--header 'Content-Type: application/json' \
--data '{
"interestRateCapCode": "Bank of Finland PIRC",
"rateCapApplicationRule": "INSTANT",
"fourEyeRequired": false
}'
Sample response
Response
{
"errors": null,
"validationErrors": null,
"data": {
"interestRateCapCode": "Bank of Finland PIRC",
"rateCapApplicationRule": "INSTANT",
"fourEyeRequired": false
}
}
Result
As a result, a Bank of Finland PIRC interest rate cap type with an instant application rule is added to the Tuum system.
