MT 361 Field Specifications

64. Field 30F: Payment Date

FORMAT

Option F

8!n

(Date)

PRESENCE

Mandatory in a conditional subsequence (C18)

DEFINITION

This field specifies the payment dates of the interest payable by party A.

For an ISDA Master (Type in field 77H is ISDA), this field specifies the payment dates as per ISDA definitions.

NETWORK VALIDATED RULES

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

USAGE RULES

All payment dates must be included in the repetitive block to form the payment schedule. The stub periods are included in the payment schedule. Dates must be sorted in ascending order.

The dates are not adjusted; they are qualified by the fields 14B Business Day Convention and 22B Financial Centre in the same sequence.