MT527: (23) Field 17B: Flag
FORMAT
| Option B | :4!c//1!a | (Qualifier)(Flag) |
PRESENCE
Optional in conditional (see rule C1) sequence B
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
CONC |
N |
|
B |
Concentration Limit Flag |
2 |
O |
CRYD |
N |
|
B |
Crystallisation Day Flag |
DEFINITION
This qualified generic field specifies:
CONC |
Concentration Limit Flag |
Indicates whether a concentration limit applies to the transaction; if no limit applies, there is no constraint on how much of the collateral basket can be made up of one security. |
CRYD |
Crystallisation Day Flag |
Identifies the penultimate accrual date of the transaction to the final (repurchase) date. Crystallising the penultimate fixing into a fixed rate for the final business day. This will allow for parties to send timely settlement instructions for the repurchase leg of the transaction. Default value is 1 day. |
CODES
Flag must contain one of the following codes:
N |
No |
No. |
Y |
Yes |
Yes. |
