| Option A | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
| Option B | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
| Option C | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
| Option D | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
| Option E | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
| Option F | 12d[//6!n1!a3n][/16x] | (Rate)(End Date)(Period)(Number)(Information) |
This field specifies the interest rate of the rebate agreed on the cash collateral. It specifies the interest rate and the method to be used in the calculation of the interest amount.
End Date specifies the last day of the first interest period
Period specifies the period between payments
Number specifies the number of days or months between interest payments
The option letter specifies the method of interest computation as follows:
Tag option |
Month of |
Year of |
A |
30 days |
360 days |
B |
28-31 days |
360 days |
C |
28-31 days |
365/6 days |
D |
30 days |
365/6 days |
E |
28-31 days |
365 days |
F |
30 days |
365 days |
When in option A, B, C, D, E, or F, Period is present, one of the following must be used in Indicator :
D |
Number of Days |
M |
Number of Months |
End Date must be a valid date expressed as YYMMDD .
The integer part of Rate must contain at least one digit. A decimal comma is mandatory and is included in the maximum length. .