MT581: (7) Field 80C: Reason for Collateral Adjustment
FORMAT
| Option C | 6*35x | (Narrative) |
PRESENCE
Mandatory
DEFINITION
This field identifies the reasons for the adjustment to the collateral amount being claimed or confirmed.
CODES
One of the following codes may be used, between slashes:
AMNTLOAN |
Change in the amount of the collateral required resulting from a partial or final return by the borrower or a partial or final recall by the lender. |
COLLVALU |
Change in the value of the collateral. |
LOANVALU |
Change in the value of the securities on loan. |
OTHEREAS |
Change due to other reasons. |
USAGE RULES
Further details may be included following the code, for example, information about the source of the price information used.
