MT586: (61) Field 22F: Indicator
FORMAT
| Option F | :4!c/[8c]/4!c | (Qualifier)(Data Source Scheme)(Indicator) |
PRESENCE
Optional in optional subsequence B5
QUALIFIER
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
O |
RERT |
N |
|
F |
Rate Type |
2 |
O |
LEGA |
N |
|
F |
Legal Framework Indicator |
3 |
O |
OMAT |
N |
|
F |
Maturity Date Modification Indicator |
4 |
O |
INTR |
N |
|
F |
Interest Payment Indicator |
DEFINITION
This qualified generic field specifies:
INTR |
Interest Payment Indicator |
Specifies whether the interest is to be paid to the collateral giver or taker. |
LEGA |
Legal Framework Indicator |
Legal framework of the transaction. |
OMAT |
Maturity Date Modification Indicator |
Specifies whether the maturity date of the securities financing transaction may be modified. |
RERT |
Rate Type |
Specifies whether the rate is fixed or variable. |
CODES
If Qualifier is RERT and Data Source Scheme is not present, Indicator must contain one of the following codes:
FIXE |
Fixed |
Rate is fixed. |
FORF |
Forfeit |
No specific rate applies to the transaction, only a forfeit. |
VARI |
Variable |
Rate is variable. |
CODES
If Qualifier is LEGA and Data Source Scheme is not present, Indicator must contain the following code:
FRAN |
Pension Livrée |
Relates to the French legal framework for repos, that is, relates to a "Pension Livrée". |
CODES
If Qualifier is OMAT and Data Source Scheme is not present, Indicator must contain one of the following codes:
MATA |
Allowed |
Maturity date modification is allowed. |
MATN |
Not Allowed |
Maturity date modification is not allowed. |
CODES
If Qualifier is INTR and Data Source Scheme is not present, Indicator must contain one of the following codes:
GIVE |
Collateral Giver |
Interest is paid to the collateral giver. |
TAKE |
Collateral Taker |
Interest is paid to the collateral taker. |
