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.