Income Swap

Value projected income being transferred, then compare it with the consideration received or paid for that income stream.

Swap Setup

Net value is the present value of the income stream minus the present value of the consideration package.

Timeline

Valuation date

Leg start

Leg end

Payment frequency

Income Being Valued

Model the variable income the receiver expects to collect. Use scenarios when the income stream can miss or outperform the base forecast.

Forecast mode

Base annual income forecast

Annual income growth

Downside/upside case move

ScenarioWeight

Downside

Base

Upside

Weights total 100.00%. The default is downside-skewed so the variable stream is not just a fixed annuity in disguise.

Fixed Consideration

Deal mode

Solve the recurring fixed amount the income receiver pays for the variable income stream.

Interest-Indexed ConsiderationInclude interest-indexed paymentsUse this when part of the consideration varies with a benchmark rate instead of being a fixed dollar amount.

Upfront ConsiderationInclude upfront payment

Discount Rate

Discount model

Treasury curve source

Uses Treasury yield-curve protobuf shards for the valuation year and resolves the maturity-matched discount rate inside the Rust engine.

Valuation Adjustments

Lack of marketability

bps

Key-person risk

bps

Termination risk

bps

Fundraising risk

bps

Step-down assumption

bps

Section 2701 ReviewInclude Section 2701 inputTri-state facts are passed through as true, false, or unknown.

Income Cash Flows

Projected income cash flows by scenario before discounting.

DownsideBaseUpside

This view shows the projected income stream before discounting or consideration offsets are applied.

Variable Income Cash Flows

These dated rows form the income_cash_flows leg in the protobuf request.

0 rows

Date	Scenario	Weight	Amount