MT527: (21) Field 17B: Flag: Concentration Limit Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Optional in conditional (see rule C3) sequence B

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

CONC

N

 

B

Concentration Limit Flag

DEFINITION

This qualified generic field specifies:

CONC

Concentration Limit Flag

Indicates whether a concentration limit applies to the transaction; if no limit applies, there is no constraint on how much of the collateral basket can be made up of one security.

CODES

Flag must contain one of the following codes :

N

No

No.

Y

Yes

Yes.