Torq Documentation

Interest Rate Models are facility rate-policy fields. Asset Managers review adaptive settings, staged settings, transitions, emergency overrides, reserve factors, lender floors, and spread policy.

Real Torq Asset Manager IRM setup modal

Visible field	What the user enters or selects	What it is for
`IRM`	Select an approved interest rate model where the screen exposes a picker.	Sets the market rate policy implementation.
`Model kind`	Choose adaptive or staged adaptive curve where exposed.	Sets the IRM family.
`Preset`	Choose a preset curve profile.	Prefills rate-curve inputs.
`Target utilization`	Enter target utilization percentage.	Sets the utilization point the IRM tries to center around.
`Initial rate at target APR`	Enter initial APR at target utilization.	Sets starting target APR.
`Minimum rate at target APR`	Enter minimum APR.	Sets lower rate bound.
`Maximum rate at target APR`	Enter maximum APR.	Sets upper rate bound.
`Curve steepness`	Enter curve steepness scalar.	Sets how sharply rates respond away from target.
`Adjustment speed per year`	Enter annual adjustment speed.	Sets adaptive rate movement speed.
`Stress unwind adjustment speed per year`	Enter staged stress-unwind speed where exposed.	Sets staged recovery speed.
`Absolute borrow rate cap APR`	Enter absolute APR cap where exposed.	Sets a hard maximum borrow APR.
`Ramp Ends At`	Enter or select governance ramp end time.	Sets the date/time boundary for a governed IRM transition.
`Emergency Override`	Toggle or select emergency rate handling where permitted.	Applies emergency policy path.