MT 362 Format Specifications

The MT 362 consists of five sequences:

• Sequence A provides general information about the original contract, ie, the principals, the type of the underlying transaction, the contract numbers. It also provides information about the confirmation itself, ie, if it is sent by a third party, if it is a new confirmation, an amendment or a cancellation

• Optional sequence B provides the details of the floating rate option payable by party B during the specified calculation or compounding period. It also contains the interest amount resulting from the interest calculation and if applicable, the principal which is repaid. Both amounts are for information only, the actual amount(s) to be settled are part of sequences C or E

• Optional sequence C provides the optional payment date(s) and amounts payable by party B, together with the settlement instructions

• Optional sequence D provides the details of the floating rate option payable by party A during the specified calculation or compounding period. It also contains the interest amount resulting from the interest calculation and if applicable, the principal which is repaid. Both amounts are for information only, the actual amount(s) to be settled are part of sequences C or E

• Optional sequence E provides the optional payment date(s) and amounts payable by party A, together with the settlement instructions.

MT 362 Interest Rate Reset/Advice of Payment

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	15A	New Sequence	(CrLf)	1
M	20	Sender's Reference	16x	2
O	21	Related Reference	16x	3
M	22A	Type of Operation	4!c	4
O	94A	Scope of Operation	4!c	5
M	22C	Common Reference	4!a2!c4!n4!a2!c	6
M	23A	Identification of the Swap	10a/5a	7
M	21N	Contract Number Party A	16x	8
O	21B	Contract Number Party B	16x	9
M	30V	Effective Date	8!n	10
M	30P	Termination Date	8!n	11
M	82a	Party A	A or D	12
M	87a	Party B	A or D	13
O	29A	Contact Information	4*35x	14
O	72	Sender to Receiver Information	6*35x	15
Optional Sequence B Interest Rate/Principal Payable by Party B
M	15B	New Sequence	(CrLf)	16
M	33F	Calculation Notional Currency and Amount	3!a15d	17
M	30X	Period Start Date	8!n	18
O	30Q	Period End Date	8!n	19
M	37G	Reset Rate	[N]12d	20
O	37J	Cap Rate	12d	21
O	37L	Floor Rate	12d	22
M	37R	Spread	[N]12d	23
M	37M	Total Rate	[N]12d	24
M	30F	Payment Date	8!n	25
O	32H	Currency, Interest Amount	[N]3!a15d	26
O	33E	Currency, Principal Exchange Amount	3!a15d	27
O	37N	Details of Interest Rate	6*35x	28
Optional Sequence C (Net) Amount(s) Payable by Party B
M	15C	New Sequence	(CrLf)	29
M	18A	Number of Repetitions	5n	30
----->
M	30F	Payment Date	8!n	31
M	32M	Currency, Payment Amount	3!a15d	32
O	53a	Delivery Agent	A or D	33
O	56a	Intermediary	A or D	34
O	86a	Second Intermediary	A or D	35
M	57a	Receiving Agent	A or D	36
-----| Optional Sequence D Interest Rate/Principal Payable by Party A
M	15D	New Sequence	(CrLf)	37
M	33F	Calculation Notional Currency and Amount	3!a15d	38
M	30X	Period Start Date	8!n	39
O	30Q	Period End Date	8!n	40
M	37G	Reset Rate	[N]12d	41
O	37J	Cap Rate	12d	42
O	37L	Floor Rate	12d	43
M	37R	Spread	[N]12d	44
M	37M	Total Rate	[N]12d	45
M	30F	Payment Date	8!n	46
O	32H	Currency, Interest Amount	[N]3!a15d	47
O	33E	Currency, Principal Exchange Amount	3!a15d	48
O	37N	Details of Interest Rate	6*35x	49
Optional Sequence E (Net) Amount(s) Payable by Party A
M	15E	New Sequence	(CrLf)	50
M	18A	Number of Repetitions	5n	51
----->
M	30F	Payment Date	8!n	52
M	32M	Currency, Payment Amount	3!a15d	53
O	53a	Delivery Agent	A or D	54
O	56a	Intermediary	A or D	55
O	86a	Second Intermediary	A or D	56
M	57a	Receiving Agent	A or D	57
-----|
M = Mandatory O = Optional