MT564: (83) Field 90a: Price

FORMAT

Option A :4!c//4!c/15d (Qualifier)(Percentage Type Code)(Price)
Option B :4!c//4!c/3!a15d (Qualifier)(Amount Type Code)(Currency Code)(Price)
Option E :4!c//4!c (Qualifier)(Price Code)

PRESENCE

Optional in optional subsequence E1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

INDC

N

 

A, B, or E

Indicative Price

 

or

MRKT

N

 

A, B, or E

Market Price

2

O

CINL

N

 

A, B, or E

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.

INDC

Indicative Price

Estimated price, for example, for valuation purposes.

MRKT

Market Price

Last reported/known price of a financial instrument in a market.

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, 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 E, Price Code must contain the following code:

UKWN

Unknown Price

Price is unknown by the sender or has not been established.

NETWORK VALIDATED RULES

The integer part of Price 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.

USAGE RULES

The number of decimal digits in Price is not validated against the currency specified.