MT506: (72) Field 70C: Narrative: Rating Narrative
FORMAT
| Option C | :4!c//4*35x | (Qualifier)(Narrative) |
PRESENCE
Conditional (see rule C10) in conditional (see rule C4) subsequence D1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
RATS |
N |
C10 |
C |
Rating Narrative |
DEFINITION
This qualified generic field specifies:
RATS |
Rating Narrative |
Provides the rating of the financial instrument. |
USAGE RULES
Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.
EXAMPLE
Example of rating:
:70C::RATS//AA+
