> For the complete documentation index, see [llms.txt](https://docs.notional.finance/notional-v3/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.notional.finance/notional-v3/leveraged-vaults/settlement.md).

# Settlement

If a user is using a leveraged vault with fixed rate debt, their fixed rate debt will automatically convert to variable rate debt at maturity and their vault position will stay open.

The user can roll their debt back to fixed at any time they like.