MT508: (26) Field 17B: Flag
FORMAT
| Option B | :4!c//1!a | (Qualifier)(Flag) |
PRESENCE
Optional in optional subsequence B1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
FRNF |
N |
|
B |
Floating Rate Note Flag |
2 |
O |
CALL |
N |
|
B |
Callable Flag |
3 |
O |
PUTT |
N |
|
B |
Putable Flag |
DEFINITION
This qualified generic field specifies:
CALL |
Callable Flag |
Indicates whether the issuer has the right to repay the financial instrument prior to maturity. |
FRNF |
Floating Rate Note Flag |
Indicates whether the interest rate of an interest bearing instrument is reset periodically. |
PUTT |
Putable Flag |
Indicates whether the holder has the right to ask for redemption of the financial instrument prior to final maturity. |
CODES
Flag must contain one of the following codes:
N |
No |
No. |
Y |
Yes |
Yes. |
