MT 542 Field Specifications

28. Field 90a: Price

FORMAT

Option A	:4!c//4!c/15d	(Qualifier) (Percentage Type Code) (Price)
Option B	:4!c//4!c/3!a15d	(Qualifier) (Amount Type Code) (Currency Code) (Price)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	INDC	N		A, B	Indicative Price
	or	MRKT	N		A, B	Market Price
2	O	EXER	N		A, B	Exercise Price
3	O	TSMT	N		B	Taxable Income Per Share

DEFINITION

This qualified generic field specifies:

INDC	Indicative Price	Estimated indicative price, represented either as an actual amount (option B) or a percentage (option A).
MRKT	Market Price	Last reported/known price of a financial instrument in a market.
MRKT	Market Price	Current market price of securities, represented either as an actual amount (option B) or a percentage (option A).
EXER	Exercise Price	Price at which the security will be purchased/ sold if warrant is exercised, represented either as an actual amount (option B) or a percentage (option A). Price at which a bond is converted, represented either as an actual amount (option B) or a percentage (option A). Strike price of an option, represented either as an actual amount (option B) or a percentage (option A).
TSMT	Taxable Income Per Share	Amount included in the NAV that corresponds, per share, to gains directly or indirectly derived from interest payments within the scope of the EU Savings directive.

CODES

Percentage Type Code must contain one of the following codes (Error code(s): K90):

DISC	Discount	Price expressed as the number of percentage points below par, eg, a discount price of 2.0% equals a price of 98 when par is 100.
PRCT	Percentage	Price expressed as a percentage of par.
PREM	Premium	Price expressed as the number of percentage points above par, eg, a premium price of 2.0% equals a price of 102 when par is 100.
YIEL	Yield	Price expressed as a yield.

CODES

Amount Type Code must contain one of the following codes (Error code(s): K90):

ACTU	Actual Amount	Price expressed as an amount of currency per unit or per share.
DISC	Discount	Price expressed as a discount amount.
PREM	Premium	Price expressed as a premium.

NETWORK VALIDATED RULES

Currency Code must be a valid ISO 4217 currency code (Error code(s): T52).

The integer part of Price 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

The number of decimal digits in Price is not validated against the currency specified.