MT 564 Field Specifications

61. 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)
Option E	:4!c//4!c	(Qualifier) (Price Code)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	O	INDC	N		A, B, E	Indicative Price
	or	MRKT	N		A, B, E	Market Price
2	O	EXER	N		A, B, E	Exercise Price
3	O	ISSU	N		A, B, E	Issue Price
4	O	OFFR	N		A, B, E	Generic Cash Price Received per Product
5	O	PRPP	N		A, B, E	Generic Cash Price Paid per Product
6	O	TDMT	N		B	Taxable Income Per Dividend/Share
6	O	REIN	N		A, B, E	Reinvestment Price
7	O	CINL REDM	N		A, B, E	Cash in Lieu of Securities Redemption Price
8	O	OSUB SUPR	N		A, B, E	Over-subscription Deposit Subscription Price
9	O	MAXP	N		A, B	Maximum Price
10	O	MINP	N		A, B	Minimum Price
9	O	CINL	N		A, B, E	Cash in Lieu of Shares Price
10	O	OSUB	N		A, B, E	Over-subscription Deposit Price

DEFINITION

This qualified generic field specifies:

CINL	Cash in Lieu of Securities Shares Price	Cash disbursement in lieu of securities; shares; usually in lieu of a fractional quantity.
EXER	Exercise Price	Price at which security will be purchased/sold if warrant is exercised, either as an actual amount (option B) or a percentage (option A). Price at which a bond is converted to underlying security either as an actual amount (option B) or a percentage (option A).
INDC	Indicative Price	Estimated indicative price either as an actual amount (option B) or a percentage (option A).
ISSU	Issue Price	Initial issue price of securities (not for shares resulting from rights issue -see subscription price) either as an actual amount (option B) or a percentage (option A).
MAXP	Maximum Price	Maximum or cap price at which a holder can bid, e.g. on a Dutch auction offer.
MINP	Minimum Price	Minimum or floor price at which a holder can bid, e.g. on a Dutch auction offer.
MRKT	Market Price	Last reported/known price of a financial instrument in a market.
MRKT	Market Price	Current market price of securities either as an actual amount (option B) or a percentage (option A).
OFFR	Generic Cash Price Received per Product	Generic cash Cash price received per underlying product by the underlying security holder either as a percentage or an amount, eg, redemption price.
OSUB	Over-subscription Deposit Price	Amount of cash required per over-subscribed share as defined by the issuer.
PRPP	Generic Cash Price Paid per Product	Generic cash Cash price paid per underlying product by the underlying security holder either as a percentage or an amount, eg, reinvestment price.
TDMT	Taxable Income Per Dividend/Share	Amount included in the dividend/NAV that is identified as gains directly or indirectly derived from interest payments within the scope of the EU Savings directive.
REDM	Redemption Price	Price at which a security will be redeemed either as an actual amount (option B) or a percentage (option A).
REIN	Reinvestment Price	Price at which a cash disbursement will be reinvested into securities either as an actual amount (option B) or a percentage (option A).
SUPR	Subscription Price	Price at which new securities will be subscribed, eg, rights issue, either as an actual amount (option B) or a percentage (option A).

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.
PLOT	Lot	Price expressed as an amount of money per lot.
PREM	Premium	Price expressed as a premium.

CODES

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

OPEN	Open-dated	Price has not been established.
UKWN	Unknown Price	Price is unknown by the Sender.

CODES

If Qualifier is OFFR and format option is E, Price Code must contain one of the following codes (Error code(s): K90):

OPEN	Open-dated	Price has not been established.
UKWN	Unknown Price	Price is unknown by the Sender.
TBSP	To Be Specified	Price to be specified by account owner.

NETWORK VALIDATED RULES

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).

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

USAGE RULES

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