MT569: (34) Field 25D: Status Code: Global Counterparty Status
FORMAT
| Option D | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Status Code) |
PRESENCE
Optional in optional subsequence C1
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
GCOS |
N |
|
D |
Global Counterparty Status |
DEFINITION
This qualified generic field specifies:
GCOS |
Global Counterparty Status |
Provides the status after comparing the total collateral required and the total collateral value of all transactions against counterparty. |
CODES
If Data Source Scheme is not present, Status Code must contain one of the following codes:
DEFI |
Deficit |
Shortage of collateral. |
EXCS |
Excess |
Excess of collateral. |
FLAT |
Flat |
Collateral covers the exposure and there is no excess. |
