MT 516 Field Specifications

17. Field 33S: Collateral Requirement

FORMAT

Option S

3!a15d

(Code) (Amount)

PRESENCE

Optional

DEFINITION

This field is used to indicate the percentage amount of the market value of the securities loaned used in the calculation of the amount of collateral required to cover the securities loan.

NETWORK VALIDATED RULES

Code must contain PCT (Error code(s): T52).

The integer part of Amount must contain at least one digit. A decimal comma is mandatory and is included in the maximum length (Error code(s): T40, T43).

USAGE RULES

Only the presence of the decimal comma will be validated.