Option A:4!c//[N]15d(Qualifier) (Sign) (Rate)| Option A |
:4!c//[N]15d |
(Qualifier) (Sign) (Rate) |
Mandatory in an optional sequence
(Error code(s): T89)
| Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
|---|---|---|---|---|---|---|
| 1 |
M |
SHAI |
N |
|
A |
Securities Haircurt |
This qualified generic field specifies:
| SHAI |
Securities Haircut |
The haircut or valuation factor on the security expressed as a percentage. |
The integer part of Rate must contain at least one digit. The decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).
Sign must not be used when Rate is equal to '0' (Error code(s): T14).
Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate should be expressed as a percentage, not as a decimal fraction (12% should be identified by 12, and not 0,12).
