MT 516 Field Specifications

11. Field 31F: Expiry/Option Date of Loan

FORMAT

Option F

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(Date) (Period Date) (Period Details)

PRESENCE

Optional

DEFINITION

This field specifies the expiry date or the option period of the loan and, optionally other details concerning the loan period.

NETWORK VALIDATED RULES

Date and Period Date must be valid dates expressed as YYMMDD (Error code(s): T50).

USAGE RULES

Date specifies the effective end date of the loan. Period Date specifies the date from which the securities loaned may be recalled by the Lender. Period Details may be used to specify other details concerning the loan period.