MT 587 Field Specifications

28. Field 92D: Rate: Conversion Ratio

FORMAT

Option D :4!c//15d/15d (Qualifier) (Quantity) (Quantity)

PRESENCE

Optional

QUALIFIER

(Error code(s): T89)

Order M/O Qualifier R/N CR Options Qualifier Description
1 O CONV N   D Conversion Ratio

DEFINITION

This qualified generic field specifies:

CONV Conversion Ratio Ratio to be used in converting the ordinary shares to the depositary receipt shares.

NETWORK VALIDATED RULES

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