MT 564 Field Specifications

79. 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	REIN	N		A, B, E	Reinvestment Price
7	O	REDM	N		A, B, E	Redemption Price
8	O	SUPR	N		A, B, E	Subscription Price
6 9	O	CINL	N		A, B, E	Cash in Lieu of Securities Shares

DEFINITION

This qualified generic field specifies:

CINL	Cash in Lieu of Securities Shares	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).
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.
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.
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.

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.