Wholesale Term Money and Exchange Rates
Couple of questions about how Treasury deals with exchange rates on Wholesale Term Money Deals.
We are using 11.5.10.2 on 11i.XTR.K.
We have a range of different TMM deals that have been issued as USD and our local currency is KYD (Cayman Islands Dollar). These deals have different exchange rates at the same time between KYD/USD for example:
Loan #1 - US$150,000,000 - Rate KYD 1 - USD 0.8375
Loan #2 - US$50,000,000 - Rate KYD 1 - USD 0.8333333
Loan #3 - US$75,000,000 - Rate KYD 1 - USD 0.8333334
Our GL is maintained in KYD and I need to understand how I can reflect all the values (Principal, Repayments, Interest, Accruals, etc) of the loans correctly in the GL at the appropriate Exchange Rate for that Deal. The Treasury User Guide does not explain this in an adequate fashion but seems to indicate that the GL Daily Rate will be used upon transfer which would indicate only 1 global exchange rate is possible at any given time/date for all these deals.