MT535: (45) Field 90a: Price

FORMAT

Option A :4!c//4!c/15d (Qualifier)(Percentage Type Code)(Price)
Option B :4!c//4!c/3!a15d (Qualifier)(Amount Type Code)(Currency Code)(Price)
Option E :4!c//4!c (Qualifier)(Price Code)

PRESENCE

Optional in optional subsequence B1b

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

INDC

N

 

A or B

Indicative Price

 

or

MRKT

N

 

A, B, or E

Market Price

DEFINITION

This qualified generic field specifies:

INDC

Indicative Price

Estimated price, eg, for valuation purposes.

MRKT

Market Price

Last reported/known price of a financial instrument in a market.

CODES

In option A, Percentage Type Code must contain one of the following codes :

DISC

Discount

Price expressed as the number of percentage points below par, eg, a discount price of 2.0% equals a price of 98 when par is 100.

PRCT

Percentage

Price expressed as a percentage of par.

PREM

Premium

Price expressed as the number of percentage points above par, eg, a premium price of 2.0% equals a price of 102 when par is 100.

YIEL

Yield

Price expressed as a yield.

CODES

In option B, Amount Type Code must contain one of the following codes :

ACTU

Actual Amount

Price expressed as an amount of currency per unit or per share.

DISC

Discount

Price expressed as a discount amount.

PREM

Premium

Price expressed as a premium.

CODES

In option E, if Qualifier is MRKT, Price Code must contain one of the following codes :

UKWN

Unknown

Though the statement is audited, price value is unknown to the message sender.

NETWORK VALIDATED RULES

Currency Code must be a valid ISO 4217 currency code .

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

USAGE RULES

The number of decimal digits in Price is not validated against the specified currency.

The Unknown value is only to be used for audited statements for which the price is mandatory.