MT 305 Field Specifications

5. Field 30: Date Contract Agreed/Amended

FORMAT

6!n (Date)

PRESENCE

Mandatory

DEFINITION

This field specifies the date when a contract, or a mutually agreed change to the contract, was agreed between the dealers.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYMMDD (Error code(s): T50).

USAGE RULES

The trade date remains the same when a confirmation is amended (corrected/completed) unilaterally. When the terms of the deal are renegotiated on a bilateral basis, the trade date reflects the date of renegotiation in the amend message