MT506: (52) Field 92A: Rate: Repurchase Rate

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)

PRESENCE

Mandatory in optional subsequence C3

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

REPO

N

 

A

Repurchase Rate

DEFINITION

This qualified generic field specifies:

REPO

Repurchase Rate

Repurchase rate used to calculate the repurchase amount.

NETWORK VALIDATED RULES

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' .

USAGE RULES

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).