Bond

To add a Bond instrument, follow the below steps:

1. Click on Add Instrument button in the top right corner of the Instrument Summary panel.

2. The Instrument Type window is displayed. Select Bond from the Instrument Type dropdown list. Click Proceed.

3. The Bond Details window is displayed. Enter the following details:

- Instrument Details

• Instrument Name: Specify the name of the instrument.
• Investee Company Name: Displays the name of the portfolio company associated with the instrument. This is an auto-generated field.
• Investor Type: Choose whether Fund or Co-investor is investing in the instrument.
• Investment CCY: Auto-populated field based on the portfolio company.
• Fund Name/ Co-Investor Name: Select the Fund/Co-investor name from the dropdown list.
• Fund CCY: Auto-populated field based on the selected Fund/Co-Investor.
• Instrument CCY: Select the instrument currency.
• Investment Type: Choose if it is a Primary or Secondary investment.
• Purchase from Instrument (Warehousing): Select the instrument name in case of warehousing.
• Face Value: Specify the face value of an instrument.
• Total Commitment: Specify the total amount of fund committed in the instrument.

- Bond Disbursement/Acquisition Details 

• Acquisition Date: Select the date on which the bond was acquired.
• Number of Instruments: Input the number of bond instruments acquired.
• Amount: Input the amount of the bond instrument.
• Purchase value %: Input the percentage of bond amount acquired.
• Acquisition Amount: Displays the total acquisition amount of the bond.
• Acquisition Fee: Input the acquisition fee.

- Bond Details 

• Repayment Start Date: Specify repayment start date.
• Maturity Date: Specify the maturity date of the instrument.
• Interest Rate Basis: Choose the interest rate basis from the dropdown list.
• Interest Payment Plan: Specify whether interest payments shall be monthly, quarterly, half-yearly, or yearly.
• Principal Repayment Plan: Specify whether principal repayments shall be monthly, quarterly, half-yearly, or yearly.
• Grace Period: Input the grace period for repayment.
• Target IRR/ Upside Amount: Input the target IRR or upside amount, if any.
• Convertible Bond: Check the box, in case bonds are convertible.
• Conversion To: Choose the equity instrument in which the bond shall be converted.
• Benchmark Rate Reference: Specify the reference for the benchmark rate.
• Benchmark Rate: Specify the Benchmark Rate.
• Cash Interest Rate: Specify the base interest rate.
• PIK Interest Rate: Specify the interest rate, if the bond is a Payment-in-kind bond.  
• TDS/WHT Rate: Specify TDS/Withholding Tax rate.
• Default Interest Rate: Specify the default rate of interest.
• Conversion Ratio: Specify the conversion ratio for convertible bonds.
• Notes: Specify any details about the instrument in the Notes section.

4. Click Save.

5. To edit an instrument, click the Edit () icon in the Actions column. The Instrument Details window is displayed. Update the details and click Save.  

6. To delete an instrument, click the Delete () icon in the Actions column. The delete window is displayed. Click OK to delete the instrument record. 

7. To view an instrument, click the Instrument Name.