| Option A | :4!c//[N]15d | (Qualifier)(Sign)(Rate) |
Mandatory in conditional (see rule C4) subsequence D1
(Error code(s): T89)
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
1 |
M |
SHAI |
N |
|
A |
Securities Haircut |
This qualified generic field specifies:
SHAI |
Securities Haircut |
Haircut or valuation factor on the security expressed as a percentage. |
The integer part of Rate must contain at least one digit. The decimal comma is mandatory and is included in the maximum length.
Sign must not be used when Rate is equal to '0'.
Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).