MT566: (87) 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 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 K | :4!c//15d | (Qualifier)(Index Points) |
| Option L | :4!c//[N]15d | (Qualifier)(Sign)(Index Points) |
PRESENCE
Optional in optional subsequence D2
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
OFFR |
N |
|
A, B, F, J, or L |
Generic Cash Price Received per Product |
2 |
O |
PRPP |
N |
|
A, B, or K |
Generic Cash Price Paid per Product |
3 |
O |
CINL |
N |
|
A or B |
Cash in Lieu of Shares 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. |
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 or a number of points above an index, for example, reinvestment price, strike price and exercise 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 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, Amount, Quantity 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.
When Sign is present, Index Points must not be zero.
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.
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.
