| ISO20022

MT564: (65) Field 90a: Price

FORMAT

Option A	:4!c//4!c/[N]15d	(Qualifier)(Percentage Type Code)(Sign)(Price)
Option B	:4!c//4!c/3!a15d	(Qualifier)(Amount Type Code)(Currency Code)(Price)
Option E	:4!c//4!c	(Qualifier)(Price Code)
Option L	:4!c//[N]15d	(Qualifier)(Sign)(Index Points)

PRESENCE

Optional in optional sequence E

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	CINL	N		A, B, or E	Cash in Lieu of Shares Price
2	O	OSUB	N		A, B, or E	Over-subscription Deposit Price
3	O	MACI	N	C20	B or E	Maximum Cash To Instruct
4	O	MICI	N	C20	B or E	Minimum Cash To Instruct
5	O	MMCI	N	C20	B or E	Minimum Multiple Cash To Instruct
6	O	MAXP	N	C24	A, B, E, or L	Maximum Price
7	O	MINP	N	C24	A, B, E, or L	Minimum Price
8	O	FBIP	N	C24, C30, C31	A, B, E, or L	First Bid Increment Price
9	O	LBIP	N	C24, C30, C31	A, B, E, or L	Last Bid Increment Price

DEFINITION

This qualified generic field specifies:

CINL	Cash in Lieu of Shares Price	Cash disbursement in lieu of equities; usually in lieu of fractional quantity.
FBIP	First Bid Increment Price	First acceptable price after the minimum price at which a holder can bid, for example, on a dutch auction offer.
LBIP	Last Bid Increment Price	Last acceptable price before the maximum price at which a holder can bid, for example, on a dutch auction offer.
MACI	Maximum Cash To Instruct	Maximum cash amount that may be instructed.
MAXP	Maximum Price	Maximum or cap price at which a holder can bid, for example on a Dutch auction offer.
MICI	Minimum Cash To Instruct	Minimum cash amount that may be instructed.
MINP	Minimum Price	Minimum or floor price at which a holder can bid, for example on a Dutch auction offer.
MMCI	Minimum Multiple Cash To Instruct	Minimum multiple of a cash amount that may be instructed.
OSUB	Over-subscription Deposit Price	Amount of money required per over-subscribed equity as defined by the issuer.

CODES

In option A, Percentage Type Code must contain one of the following codes:

DISC	Discount	Price expressed as the number of percentage points below par, for example, a discount price of 2.0% equals a price of 98 when par is 100.
PRCT	Percentage	Price expressed as a percentage of par.
PREM	Premium	Price expressed as the number of percentage points above par, for example, a premium price of 2.0% equals a price of 102 when par is 100.
YIEL	Yield	Price expressed as a yield.

CODES

In option B, if Qualifier is CINL or Qualifier is OSUB or Qualifier is MAXP or Qualifier is MINP or Qualifier is FBIP or Qualifier is LBIP, Amount Type Code must contain one of the following codes:

ACTU	Actual Amount	Price expressed as an amount of currency per unit or per share.
DISC	Discount	Price expressed as a discount amount.
PLOT	Lot	Price expressed as an amount of money per lot.
PREM	Premium	Price expressed as a premium.

CODES

In option E, Price Code must contain the following code:

UKWN

Unknown Price

Price is unknown by the sender or has not been established.

CODES

In option B, if Qualifier is MACI or Qualifier is MICI or Qualifier is MMCI, Amount Type Code must contain one of the following codes:

ACTU	Actual Amount	Price expressed as an amount of currency per unit or per share.
PLOT	Lot	Price expressed as an amount of money per lot.

NETWORK VALIDATED RULES

The integer part of Price must contain at least one digit. A decimal comma is mandatory and is included in the maximum length.

Currency Code must be a valid ISO 4217 currency code.

If Price is zero, Sign must not be present.

USAGE RULES

The number of decimal digits in Price is not validated against the currency specified.

Sign must be present when Price is negative.

Sign may only be present if Percentage Type Code is YIEL.