Interest-based assets

rafal
Thu, 09 May 2024 14:08:44 +0000
Released

Full support for interest-based assets like bonds, deposits or loans (once liabilities are supported).

1. You have the option to choose “interest” as the price source for an asset - bonds and deposits would use it be default.

2. You can specify the yearly rate, and coupon payout schedule.

3. The rate can change in time.

4. The coupons would be recorded as Interest transactions - just like Dividends are for Stocks.

5. The interest would would be applied from the date when position unit has been opened - therefore you can open multiple deposit positions on the same asset and each will have it’s own interest payout schedule and rates.

Early Access is on!

You can enable preview of this feature in Settings / Early Access.

Once you do, you can edit any asset (apart from Cash) and change it’s Price to Interest.

At the moment, only static interest is possible, with dynamic interest coming soon.

But you can already configure compounding and payment intervals, amortization, baloon payments and length. All payments and amortization events are created automatically.

22 posts - 4 participants