Skip to main content
Header logo

ISO 15022
Data Field Dictionary

MT516: (15) Field 37J: Interest Rate on Securities

FORMAT

Option J 12d (Rate)

PRESENCE

Optional in optional sequence B

DEFINITION

This field specifies the interest rate to be paid by the borrower on the market value of the securities on loan.

NETWORK VALIDATED RULES

The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length.

loader icon