MT558: (5) Field 22a: Indicator

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)
Option H :4!c//4!c (Qualifier)(Indicator)

PRESENCE

Mandatory in mandatory sequence A

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

CINT

N

 

F or H

Collateral Instruction Type Indicator

2

M

COLA

N

 

F or H

Exposure Type Indicator

3

M

REPR

N

 

H

Collateral Receive/Provide Indicator

4

O

PRSS

N

 

F

Process Indicator

5

O

PRIR

N

 

F

Priority Indicator

6

O

AUTA

N

 

F

Automatic Allocation Indicator

7

O

FSSA

N

 

F

Failed Settlement Salvation Indicator

DEFINITION

This qualified generic field specifies:

AUTA

Automatic Allocation Indicator

Specifies whether the allocation of the collateral is manual or automatic.

CINT

Collateral Instruction Type Indicator

Specifies the type of collateral instruction.

COLA

Exposure Type Indicator

Specifies the underlying business area/type of trade causing the exposure.

FSSA

Failed Settlement Salvation Indicator

Specifies whether the receiver is allowed to solve failure in the settlement by proposing other collateral movements.

PRIR

Priority Indicator

Specifies the priority with which the instruction needs to be executed.

PRSS

Process Indicator

Specifies the settlement process in which the collateral will be settled.

REPR

Collateral Receive/Provide Indicator

Specifies whether the client is the collateral taker or giver.

CODES

In option F or H, if Qualifier is CINT and Data Source Scheme is not present, Indicator must be one of the following codes :

AADJ

Automatic/Manual Settlement Adjustment

Automatic/manual settlement adjustment.

CADJ

Collateral Adjustment

Change to collateral.

DADJ

Data Adjustment

Change dates, pricing rate, ...

INIT

Initiation

Creation of a Collateral Management Transaction.

MADJ

Margin Adjustment

Change to margin.

PADJ

Price Adjustment

Change Price

TERM

Termination

End of the Collateral Management Transaction.

CODES

In option F or H, if Qualifier is COLA and Data Source Scheme is not present, Indicator must contain one of the following codes :

COMM

Commodities

Trading of exchanged traded commodities.

CRSP

Credit Support

Cash lending/borrowing; Letter of Credit; signing of master agreement.

EXTD

Exchange Traded Derivatives

Trading of exchanged traded derivatives in general.

OTCD

OTC Derivatives

OTC Derivatives trading.

REPO

Repurchase Agreement

Repo trading.

SLOA

Secured Loan

Secured loan.

SLEB

Securities Lending and Borrowing

Securities lending and borrowing.

CODES

In option H, if Qualifier is REPR, Indicator must contain one of the following codes :

PROV

Collateral Giver

The client is the collateral giver.

RECE

Collateral Taker

The client is the collateral taker.

CODES

In option F, if Qualifier is PRIR and Data Source Scheme is not present, Indicator must contain a numerical value in the range 0001 - 9999 where 0001 refers to the highest priority :

CODES

In option F, if Qualifier is AUTA and Data Source Scheme is not present, Indicator must contain one of the following codes :

AUTO

Automatic Allocation

Allocation of the collateral is made automatically.

MANU

Manual Allocation

Allocation of the collateral is made manually.

CODES

In option F, if Qualifier is FSSA and Data Source Scheme is not present, Indicator must contain one of the following codes :

FSSN

No Salvation

Receiver is not allowed to solve failure in the settlement by proposing other collateral movements.

FSSY

Salvation

Receiver is allowed to solve failure in the settlement by proposing other collateral movements.

CODES

In option F, if Qualifier is PRSS, the Data Source Scheme allocated to the triparty agent must be used. Indicator must then be one of the codes published by the agent.