MT526: (3) Field 23: Further Identification
FORMAT
| 16x |
Must be formatted as:
| 6!a[/4!c] | (Function)(Code) |
PRESENCE
Mandatory in mandatory sequence A
DEFINITION
This field identifies the function of the message.
CODES
Function must contain one of the following codes:
BORROW |
The Sender requests to borrow the specified securities from the Receiver |
NOLEND |
The Sender notifies the Receiver that the listed securities are no longer available for lending |
RECALL |
The Sender requests a partial or final recall of specified securities previously on loan to the Receiver |
RETURN |
The Sender notifies the Receiver of a partial or final return of the securities previously on loan from the Receiver |
TOLEND |
The Sender notifies the Receiver that the listed securities are available for lending |
CODES
When Function contains RECALL or RETURN, one of the following codes may also be used in Code:
COMP |
The request to recall or notice of return constitutes a close-out of a securities loan |
PART |
The request to recall or notice of return relates to only a part of the securities out on loan |
CODES
When Function contains BORROW, one of the following codes may be used in Code:
CANC |
The Sender requests the Receiver to cancel the request to hold the specified securities |
HOLD |
The Sender requests the Receiver to hold the requested securities pending further notice |
CODES
When Function contains TOLEND, one of the following codes may be used in Code:
FILL |
The Sender requests the Receiver to confirm or cancel a previously sent hold request |
HELD |
The Sender notifies the Receiver that the specified securities are held at the Receiver's disposal pending further notice |
USAGE RULES
Code must not be present when Function is NOLEND.
