> For the complete documentation index, see [llms.txt](https://bluegamma.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://bluegamma.io/documentation/pricers/calculating-a-swap-rate/rfp-and-term-sheet-generator.md).
# RfP & Term Sheet Generator
When you go out to banks for a hedge, each one needs the same trade detail — dates, notionals, conventions, index — and you need their answers back in a form you can compare. Building that spreadsheet by hand for every deal is slow and easy to get wrong.
BlueGamma generates it for you. From any swap you have priced, download a draft term sheet as an Excel workbook, complete a handful of fields, and send the same file to every bank. Their responses come back in a fixed structure, so you can line them up side by side.
#### Generating a Term Sheet
1. Price a swap in the **Swap Pricer** and save it.
2. Open the swap and click the **⋮** menu in the top right.
3. Select **Generate termsheet**.
The workbook downloads with your trade already populated — currency, start and maturity dates, notional schedule, floating index, payment frequency and day counts all carried through from the pricer.
Term sheets can be generated for every index BlueGamma supports, not just SONIA. Conventions are populated from the index you priced, but they are a starting point rather than a finished document — review every field against your own trade before sending.
#### What's in the Workbook
| Section | Contents |
| --------------------- | ------------------------------------------------------------------------------------------------------------------ |
| **Trade Details** | Product, currency, entity, bank, direction, dates, notional, index, lookback, frequency, day counts, documentation |
| **Notional Schedule** | One row per period with start date, end date, notional and floating index |
| **Pricing** | Mid-market rate, execution charge, credit charge, and an all-in fixed rate that sums the three |
| **Instructions** | Pricing date and response deadline for the bank |
| **Guidance** | Columns H to L — notes for you, not for the bank |
#### Before You Send
**Delete columns H to L.** Everything in them is guidance for you, not instructions for the bank.
**Complete the yellow cells.** These are yours to fill: entity name, hedge counterparty name, lookback days, business day convention and calendar, documentation, collateral and security arrangements, early termination provisions, pricing date and response deadline. Content is at your discretion.
**Check the trade against your loan documents.** Confirm that roll dates align to the debt interest payment dates in the facility agreement, that all dates, conventions and notionals match the loan documents, and that the lookback matches the facility. Five business days is typical for SONIA, but it varies by index and by facility.
#### What the Bank Completes
The orange cells are for the bank: **mid-market rate**, **execution charge** and **credit charge**. The all-in fixed rate calculates from those three.
Asking for the quote split three ways is the point of the exercise. A single all-in number tells you nothing about where a bank is expensive — mid should be broadly consistent across banks, so any real difference sits in the charges. Splitting them makes responses comparable on a like-for-like basis and shows you exactly what you are paying for.
The workbook asks each bank to price as of a stated date at close of business and to return by your deadline, so every response is struck off the same market.
#### Related
{% content-ref url="/pages/JS6n2Vxj2frLZwIkxVxq" %}
[Benchmarking a Swap Rate with a Bank](/documentation/market-data-guides/overview-1/advanced/benchmarking-a-swap-rate-with-a-bank.md)
{% endcontent-ref %}
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