MT537: (105) Field 92a: Rate
FORMAT
| Option A | :4!c//[N]15d | (Qualifier)(Sign)(Rate) |
| Option B | :4!c//3!a/3!a/15d | (Qualifier)(First Currency Code)(Second Currency Code)(Rate) |
PRESENCE
Optional in optional subsequence D1a1A1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
CBON |
N |
|
A |
Corporate Bonds |
2 |
O |
EXCH |
R |
|
B |
Exchange Rate |
3 |
O |
GBON |
N |
|
A |
SME Growth Market (non-Bonds) |
4 |
O |
GOMB |
N |
|
A |
Government and Municipal Bonds |
5 |
O |
ILSH |
N |
|
A |
Illiquid Shares |
6 |
O |
LISH |
N |
|
A |
Liquid Shares |
7 |
O |
NBON |
N |
|
A |
SME Growth Market Bonds |
8 |
O |
OTHR |
N |
|
A |
Other Financial Instruments |
DEFINITION
This qualified generic field specifies:
CBON |
Corporate Bonds |
Security penalty rate applied to financial instruments that are classified as corporate bonds. |
EXCH |
Exchange Rate |
Exchange rate between the amount and the resulting amount. |
GBON |
SME Growth Market (non-Bonds) |
Security penalty rate applied in case of a settlement fail due to a lack of financial instruments that are traded on an SME growth market, excluding debt instruments. |
GOMB |
Government and Municipal Bonds |
Security penalty rate to be applied for a settlement fail due to a lack of government or municipal bonds. |
ILSH |
Illiquid Shares |
Security penalty rate applicable to settlement fails due to a lack of shares that have an illiquid market. |
LISH |
Liquid Shares |
Security penalty rate to apply for a settlement fail due to a lack of shares that have a liquid market (excluding shares that trade on an SME growth market). |
NBON |
SME Growth Market Bonds |
Security penalty rate applied in case of a settlement fail due to a lack of debt instruments that are traded on an SME growth market. |
OTHR |
Other Financial Instruments |
Security penalty rate applicable to other financial instruments. |
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.
If Rate is zero, Sign must not be present.
Currency Code must be a valid ISO 4217 currency code (Error code(s): T52).
USAGE RULES
Sign must be present when Rate is negative.
Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).
