MT569: (46) Field 70C: Narrative: Rating Narrative

FORMAT

Option C

:4!c//4*35x

(Qualifier)(Narrative)

PRESENCE

Conditional (see rule C3) in conditional (see rule C1) subsequence C1a1

QUALIFIER

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	RATS	N		C	Rating Narrative

DEFINITION

This qualified generic field specifies:

RATS

Rating Narrative

Provides the rating of the financial instrument.

USAGE RULES

Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.

EXAMPLE

Example of rating: :70C::RATS//AA+