| ISO20022

MT565: (47) 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 F	:4!c//4!c/3!a15d/4!c/15d	(Qualifier)(Amount Type Code)(Currency Code)(Amount)(Quantity Type Code)(Quantity)
Option J	:4!c//4!c/3!a15d/3!a15d	(Qualifier)(Amount Type Code)(Currency Code)(Amount)(Currency Code)(Amount)
Option L	:4!c//[N]15d	(Qualifier)(Sign)(Index Points)

PRESENCE

Optional in mandatory sequence D

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	Options	Qualifier Description
1	O	INDC	N	A or B	Indicative Price
	or	MRKT	N	A or B	Market Price
2	O	ISSU	N	A or B	Issue Price
3	O	OFFR	N	A, B, E, F, J, or L	Generic Cash Price Received per Product
4	O	PRPP	N	A or B	Generic Cash Price Paid per Product

DEFINITION

This qualified generic field specifies:

INDC	Indicative Price	Estimated price, for example, for valuation purposes.
ISSU	Issue Price	Initial issue price of a financial instrument.
MRKT	Market Price	Last reported/known price of a financial instrument in a market.
OFFR	Generic Cash Price Received per Product	Generic cash price received per product by the underlying security holder either as a percentage or an amount, for example, redemption price.
PRPP	Generic Cash Price Paid per Product	Generic cash price paid per product by the underlying security holder either as a percentage or an amount, for example, reinvestment price.

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 or F or J, 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, if Qualifier is OFFR, Price Code must contain one of the following codes:

TBSP	To be Specified	Price to be specified by account owner.
UNSP	Unspecified	Price is unspecified.
UKWN	Unknown Price	Price is unknown by the sender or has not been established.

CODES

In option F, if Qualifier is OFFR, Quantity Type Code must contain one of the following codes:

AMOR	Amortised Value	Quantity expressed as an amount representing the current amortised face amount of a bond, for example, a periodic reduction/increase of a bond's principal amount.
FAMT	Face Amount	Quantity expressed as an amount representing the face amount, that is, the principal, of a debt instrument.
UNIT	Unit Number	Quantity expressed as a number, for example, a number of shares.

NETWORK VALIDATED RULES

The integer part of Price and Index Points 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 Index Points is zero, Sign must not be present.

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 Index Points is negative.

Generic Cash Price Received per Product (OFFR) and Generic Cash price Paid per Product (PRPP) are prices received or paid in the course of an event. The specific meaning (redemption price, subscription price, reinvestment price, ETC.) is derived from the event type.

Sign must be present when Price is negative.

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