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).