This message is sent by the collateral taker or its collateral manager to the collateral giver or its collateral manager. This message is also sent by the collateral giver or its collateral manager to the collateral taker or its collateral manager.
request new collateral at the initiation of an exposure
request additional collateral
request the return of collateral
recall the collateral upon the termination of an underlying exposure.
This message is also used by the taker or the giver to request the cancellation of a previously sent collateral claim.
This message must not be used to initiate a substitution of collateral.
re-send a message previously sent (Subfunction of the message is DUPL)
provide a third party with a copy of the message for information (Subfunction of the message is COPY)
re-send to a third party a copy of the message for information (Subfunction of the message is CODU).
| Status | Tag | Qualifier | Generic Field Name | Detailed Field Name | Content/Options | No. |
Mandatory Sequence A General Information |
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| M | 16R | Start of Block | GENL | 1 | ||
-----> |
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| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 2 |
-----| |
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| M | 23G | Function of the Message | 4!c[/4!c] | 3 | ||
-----> Mandatory Repetitive Subsequence A1 Agreement |
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| M | 16R | Start of Block | AGRE | 4 | ||
| O | 22F | AGRE | Indicator | Agreement Indicator | :4!c/[8c]/4!c | 5 |
| O | 98A | AGRE | Date | Agreement Date | :4!c//8!n | 6 |
| O | 13B | AGRE | Number | Agreement Version Number | :4!c/[8c]/30x | 7 |
| O | 70C | AGRE | Narrative | Agreement Narrative | :4!c//4*35x | 8 |
| M | 16S | End of Block | AGRE | 9 | ||
-----| End of Subsequence A1 Agreement |
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| O | 98a | PREP | Date/Time | Preparation Date/Time | A or C | 10 |
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 11 |
-----| |
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-----> |
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| M | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 12 |
-----| |
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| O | 70C | PACO | Narrative | Party Narrative | :4!c//4*35x | 13 |
-----> Optional Repetitive Subsequence A2 Linkages |
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| M | 16R | Start of Block | LINK | 14 | ||
| O | 13a | LINK | Number Identification | Linked Message | A or B | 15 |
| M | 20C | 4!c | Reference | (see qualifier description) | :4!c//16x | 16 |
| M | 16S | End of Block | LINK | 17 | ||
-----| End of Subsequence A2 Linkages |
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| M | 16S | End of Block | GENL | 18 | ||
End of Sequence A General Information |
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Mandatory Sequence B Summary |
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| M | 16R | Start of Block | SUMM | 19 | ||
| O | 95a | EXPP | Party | Exposed Party | P, Q, or R | 20 |
-----> |
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| M | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 21 |
-----| |
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Optional Subsequence B1 Summary Details |
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| M | 16R | Start of Block | SUMD | 22 | ||
-----> |
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| O | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 23 |
-----| |
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-----> |
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| O | 98a | 4!c | Date/Time | (see qualifier description) | A or C | 24 |
-----| |
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| M | 16S | End of Block | SUMD | 25 | ||
End of Subsequence B1 Summary Details |
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| M | 16S | End of Block | SUMM | 26 | ||
End of Sequence B Summary |
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-----> Optional Repetitive Sequence C Collateral Details |
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| M | 16R | Start of Block | COLD | 27 | ||
| M | 20C | COLR | Reference | Collateral Reference | :4!c//16x | 28 |
-----> |
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| M | 22a | 4!c | Indicator | (see qualifier description) | F or H | 29 |
-----| |
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| O | 98A | SETT | Date | Settlement Date | :4!c//8!n | 30 |
Optional Subsequence C1 Securities Collateral Details |
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| M | 16R | Start of Block | SCOL | 31 | ||
| M | 35B | Identification of Financial Instrument | [ISIN1!e12!c] [4*35x] |
32 | ||
| M | 36B | COLL | Quantity of Financial Instrument | Quantity of Securities Collateral | :4!c//4!c/15d | 33 |
| M | 17B | OWNF | Flag | Ownership Flag | :4!c//1!a | 34 |
| M | 16S | End of Block | SCOL | 35 | ||
End of Subsequence C1 Securities Collateral Details |
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Optional Subsequence C2 Cash Collateral Details |
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| M | 16R | Start of Block | CCOL | 36 | ||
| M | 19B | DEPO | Amount | Deposit Amount | :4!c//3!a15d | 37 |
| M | 22H | DEPO | Indicator | Type of Deposit Indicator | :4!c//4!c | 38 |
| O | 98A | TERM | Date | Maturity Date | :4!c//8!n | 39 |
| M | 16S | End of Block | CCOL | 40 | ||
End of Subsequence C2 Cash Collateral Details |
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Optional Subsequence C3 Other Collateral Details |
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| M | 16R | Start of Block | BCOL | 41 | ||
| M | 22H | BCOL | Indicator | Type of Other Collateral Indicator | :4!c//4!c | 42 |
-----> |
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| M | 98a | 4!c | Date/Time | (see qualifier description) | A or B | 43 |
-----| |
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| M | 95a | ISSU | Party | Issuer | P, Q, or R | 44 |
| M | 19B | 4!c | Amount | (see qualifier description) | :4!c//3!a15d | 45 |
| M | 16S | End of Block | BCOL | 46 | ||
End of Subsequence C3 Other Collateral Details |
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| M | 16S | End of Block | COLD | 47 | ||
-----| End of Sequence C Collateral Details |
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Optional Sequence D Additional Information |
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| M | 16R | Start of Block | ADDINFO | 48 | ||
-----> |
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| O | 95a | 4!c | Party | (see qualifier description) | P, Q, or R | 49 |
-----| |
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| M | 16S | End of Block | ADDINFO | 50 | ||
End of Sequence D Additional Information |
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C1. If the message is a cancellation, ie, Function of the Message (field 23G) is CANC, then subsequence A2 (Linkages) must be present at least once in the message, and in one and only in one occurrence of A2, field :20C::PREV must be present; consequently, in all other occurrences of A2, field :20C::PREV is not allowed .
Sequence A if field :23G: is ... |
then subsequence A2 is ... |
and field :20C::PREV is ... |
CANC |
Mandatory (minimum one occurrence of A2 must be present) |
Mandatory in one occurrence of subseq. A2, and not allowed in all other occurrences of subseq. A2 |
NEWM |
Optional |
Not Applicable |
C2. In sequence A, if field :20C::SCTR is not present, then field :20C::RCTR is mandatory, otherwise field :20C::RCTR is optional .
Sequence A if field :20C::SCTR is ... |
Sequence A then field :20C::RCTR is ... |
Not Present |
Mandatory |
Present |
Optional |
C3. In sequence B, if field :19B::TEXA is not present, then field :19B::TCRL is mandatory, otherwise field :19B::TCRL is optional .
Sequence B if field :19B::TEXA is ... |
Sequence B then field :19B::TCRL is ... |
Not Present |
Mandatory |
Present |
Optional |
C4. In each occurrence of sequence C, the presence of subsequences C1, C2 and C3 depends on the value of field :22H::COLL//<Indicator> as follows .
In each occurrence of sequence C if field :22H::COLL//4!c is ... |
In the same occurrence of sequence C then subsequence C1 is ... |
In the same occurrence of sequence C and subsequence C2 is ... |
In the same occurrence of sequence C and subsequence C3 is ... |
BCOL |
Not allowed |
Not allowed |
Mandatory |
CCOL |
Not allowed |
Mandatory |
Not allowed |
SCOL |
Mandatory |
Not allowed |
Not allowed |
C5. In each occurrence of subsequence C2, the presence of field :98A::TERM depends on the value of field :22H::DEPO//<Indicator> as follows .
In each occurrence of subsequence C2 if field :22H::DEPO//4!c is ... |
In the same occurrence of subsequence C2 then field :98A::TERM is ... |
FIXT |
Mandatory |
CLNT |
Not allowed |
C6. In each occurrence of subsequence C3, if field :22H::BCOL//LCOL is present, then field :98B::EXPI//OPEN (ie, Qualifier = EXPI, Data Source Scheme not present and Date Code = OPEN) is not allowed, otherwise field :98B::EXPI//OPEN is optional .
In each occurrence of subsequence C3 if field :22H::BCOL//LCOL is ... |
In the same occurrence of subsequence C3 then field :98B::EXPI//OPEN is ... |
Present |
Not allowed |
Not present |
Optional |
C7. In sequence B, the presence of field :95a::EXPP depends on the value of field :22H::COAL//<Indicator> in sequence A as follows .
Sequence A if field :22H::COAL//4!c is ... |
Sequence B then field :95a::EXPP is ... |
INIT |
Mandatory |
VARI |
Mandatory |
TERM |
Not allowed |
C8. In each occurrence of subsequence A1, if field :22F::AGRE is not present, then field :70C::AGRE is mandatory, otherwise field :70C::AGRE is optional .
In each occurrence of subsequence A1 if field :22F::AGRE is ... |
In the same occurrence of subsequence A1 then field :70C::AGRE is ... |
Not present |
Mandatory |
Present |
Optional |
C9. In subsequence B1, fields 16R and 16S may not be the only fields present. If both fields 16R and 16S are present, then at least one of the other fields of the same subsequence must be present .
C10. The user header of the message (block 3) is mandatory and must contain a valid code in the Validation Flag field 119 ( {3:{119:xxxx}} ). This code must be identical to the code contained in field :22a::COLA//xxxx (Exposure Type Indicator) in sequence A of the message content (text block 4) .
The exchange of information related to the trade itself as well as to the settlement of the collateral is done with the existing confirmation and settlement messages of the relevant categories (categories 2, 3, 5, 7, 9).