MT516: (17) Field 33S: Collateral Requirement
FORMAT
| Option S | 3!a15d | (Code)(Amount) |
PRESENCE
Optional in optional sequence B
DEFINITION
This field is used to indicate the percentage amount of the market value of the securities loaned used in the calculation of the amount of collateral required to cover the securities loan.
CODES
The following code must be used in Code:
PCT |
Percentage |
NETWORK VALIDATED RULES
The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length.
USAGE RULES
Only the presence of the decimal comma will be validated.
