MT589: (25) Field 12a: Type of Financial Instrument

FORMAT

Option A :4!c/[8c]/30x (Qualifier)(Data Source Scheme)(Instrument Code or Description)
Option B :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Instrument Type Code)
Option C :4!c//6!c (Qualifier)(CFI Code)

PRESENCE

Optional in optional subsequence B1

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

CLAS

N

 

A or C

Classification Type

 

or

DRTY

N

 

B

Depositary Receipt Type

DEFINITION

This qualified generic field specifies:

CLAS

Classification Type

Classification type of the financial instrument, eg, ISO Classification of Financial instrument (CFI).

DRTY

Depositary Receipt Type

Type of related depositary receipt.

CODES

In option B, if Qualifier is DRTY and Data Source Scheme is not present, Instrument Type Code must contain one of the following codes :

AMDR

American Depositary Receipt

Financial instrument is an American depositary receipt (ADR).

EUDR

European Depositary Receipt

Financial instrument is a European depositary receipt (EDR) and represents ownership of shares in a non-European Union company, quoted and traded in euro on a European stock exchange.

GLDR

Global Depositary Receipt

Financial instrument is a global depositary receipt (GDR).

INDR

International Depositary Receipt

Financial instrument is an international depositary receipt (IDR).

RADR

Restricted American Depositary Receipt

Financial instrument is a restricted American depositary receipt (RADR).

USAGE RULES

When option C is used, CFI code must contain a valid ISO CFI code.

To use the codes associated with the ISITC code for security type, /ASCT/, Data Source Scheme must be ISIT and Instrument Code or Description must contain a valid ISITC security type code.

EXAMPLE

:12C::CLAS//ESVUFR (CFI code for equity, common share, voting rights, unrestricted, fully paid and registered)