MT 588 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 ordinary shares to 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).