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ISO 15022
Data Field Dictionary

MT548: (65) 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 C1a1A1

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.

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).

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