Option D6*35x(Narrative)| Option D |
6*35x |
(Narrative) |
Optional
This field specifies the underlying legal agreement.
| VALD |
Followed by the Valuation Date of a Non Deliverable trade, in format YYYYMMDD (C4). |
This field may refer to master agreements which have been put in place on a bilateral basis. It may also refer to local regulations or to specific conditions applicable to the trade.
If this field is not present, the deal conforms either to bilateral agreements or to usual banking practice.
When structured format is used for bilaterally agreed codes, each code must be put between slashes and appear at the beginning of a line. Each character in a code must be in upper case.
This field may be used in confirmations for which bilateral side letters for Non Deliverable trades have been exchanged between Party A and Party B. If Non Deliverable is applicable to the contract, its valuation date has to be confirmed on the first line of this field as follows:
