MT515: (43) Field 92A: Rate

FORMAT

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

PRESENCE

Optional in optional subsequence C2

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

PRFC

N

 

A

Previous Factor

2

O

CUFC

N

 

A

Current Factor

3

O

NWFC

N

 

A

Next Factor

4

O

INTR

N

 

A

Interest Rate

5

O

NXRT

N

 

A

Next Interest Rate

6

O

DECL

N

 

A

Percentage of Debt Claims

7

O

INDX

N

 

A

Index Factor

DEFINITION

This qualified generic field specifies:

CUFC

Current Factor

Rate expressed as a decimal between 0 and 1 defining the outstanding principal of the financial instrument (for factored securities).

DECL

Percentage of Debt Claims

Percentage of the underlying assets of a fund that represents a debt and is in the scope of the EU Savings directive.

INDX

Index Factor

Public index rate used for inflation adjustment.

INTR

Interest Rate

Annual rate of a financial instrument.

NWFC

Next Factor

Rate expressed as a decimal between 0 and 1 that will be applicable as of the next factor date and defines the outstanding principal of the financial instrument (for factored securities).

NXRT

Next Interest Rate

Interest rate applicable to the next interest payment period in relation to variable rate instruments.

PRFC

Previous Factor

Rate expressed as a decimal between 0 and 1 that was applicable before the current factor and defines the outstanding principal of the financial instrument (for factored securities).

NETWORK VALIDATED RULES

The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length .

The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length .

When Sign is present, Rate must not be zero .

Currency Code must be a valid ISO 4217 currency code .

USAGE RULES

Sign must be present when Rate is negative.

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).