MT516: (10) Field 30: Effective Date
FORMAT
| 6!n | (Date) |
PRESENCE
Mandatory in mandatory sequence A
DEFINITION
This field specifies the date either on which the securities loan will be effective or on which the securities on loan are to be recalled or have been returned.
NETWORK VALIDATED RULES
Date must be a valid date expressed as YYMMDD.
USAGE RULES
This field specifies the date on which the securities loan will be effective, when Function of field 23 consists of NEWLON.
It specifies the date on which the securities on loan are to be recalled or returned or have been returned, when Function of field 23 consists of the code RECALL or RETURN.
