MT 362 Format Specifications

The MT 362 consists of five sequences:

• Sequence A provides general information about the original contract, that is, the principals, the type of the underlying transaction, the contract numbers. It also provides information about the confirmation itself, that is, if it is sent by a third party, if it is a new confirmation, an amendment or a cancellation

• Optional sequence B provides the details of the floating rate option payable by party B during the specified calculation or compounding period. It also contains the interest amount resulting from the interest calculation and if applicable, the principal which is repaid. Both amounts are for information only, the actual amount(s) to be settled are part of sequences C or E

• Optional sequence C provides the optional payment date(s) and amounts payable by party B, together with the settlement instructions

• Optional sequence D provides the details of the floating rate option payable by party A during the specified calculation or compounding period. It also contains the interest amount resulting from the interest calculation and if applicable, the principal which is repaid. Both amounts are for information only, the actual amount(s) to be settled are part of sequences C or E

• Optional sequence E provides the optional payment date(s) and amounts payable by party A, together with the settlement instructions.

Note:

Where stated as such, the field names are based upon the standard ISDA terms. The version of the ISDA definitions used is specified in the confirmation of the underlying deal (MT 360 Single Currency Interest Rate Derivative Confirmation or 361 Cross Currency Interest Rate Swap Confirmation).

MT 362 Interest Rate Reset/Advice of Payment

Status	Tag	Field Name	Content/Options	No.
Mandatory Sequence A General Information
M	15A	New Sequence	Empty field	1
M	20	Sender's Reference	16x	2
O	21	Related Reference	16x	3
M	22A	Type of Operation	4!c	4
O	94A	Scope of Operation	4!c	5
M	22C	Common Reference	4!a2!c4!n4!a2!c	6
M	23A	Identification of the Swap	10a/5a	7
M	21N	Contract Number Party A	16x	8
O	21B	Contract Number Party B	16x	9
M	30V	Effective Date	8!n	10
M	30P	Termination Date	8!n	11
M	82a	Party A	A or D	12
M	87a	Party B	A or D	13
O	83a	Fund or Beneficiary Customer	A, D, or J	14
O	29A	Contact Information	4*35x	15
O	72	Sender to Receiver Information	6*35x	16
End of Sequence A General Information
Optional Sequence B Interest Rate/Principal Payable by Party B
M	15B	New Sequence	Empty field	17
M	33F	Calculation Notional Currency and Amount	3!a15d	18
M	30X	Period Start Date	8!n	19
O	30Q	Period End Date	8!n	20
M	37G	Reset Rate	[N]12d	21
O	37J	Cap Rate	12d	22
O	37L	Floor Rate	12d	23
M	37R	Spread	[N]12d	24
M	37M	Total Rate	[N]12d	25
M	30F	Payment Date	8!n	26
O	32H	Currency, Interest Amount	[N]3!a15d	27
O	33E	Currency, Principal Exchange Amount	3!a15d	28
O	37N	Details of Interest Rate	6*35x	29
End of Sequence B Interest Rate/Principal Payable by Party B
Optional Sequence C (Net) Amount(s) Payable by Party B
M	15C	New Sequence	Empty field	30
M	18A	Number of Repetitions	5n	31
----->
M	30F	Payment Date	8!n	32
M	32M	Currency, Payment Amount	3!a15d	33
O	53a	Delivery Agent	A or D	34
O	56a	Intermediary	A or D	35
O	86a	Second Intermediary	A or D	36
M	57a	Receiving Agent	A or D	37
-----|
End of Sequence C (Net) Amount(s) Payable by Party B
Optional Sequence D Interest Rate/Principal Payable by Party A
M	15D	New Sequence	Empty field	38
M	33F	Calculation Notional Currency and Amount	3!a15d	39
M	30X	Period Start Date	8!n	40
O	30Q	Period End Date	8!n	41
M	37G	Reset Rate	[N]12d	42
O	37J	Cap Rate	12d	43
O	37L	Floor Rate	12d	44
M	37R	Spread	[N]12d	45
M	37M	Total Rate	[N]12d	46
M	30F	Payment Date	8!n	47
O	32H	Currency, Interest Amount	[N]3!a15d	48
O	33E	Currency, Principal Exchange Amount	3!a15d	49
O	37N	Details of Interest Rate	6*35x	50
End of Sequence D Interest Rate/Principal Payable by Party A
Optional Sequence E (Net) Amount(s) Payable by Party A
M	15E	New Sequence	Empty field	51
M	18A	Number of Repetitions	5n	52
----->
M	30F	Payment Date	8!n	53
M	32M	Currency, Payment Amount	3!a15d	54
O	53a	Delivery Agent	A or D	55
O	56a	Intermediary	A or D	56
O	86a	Second Intermediary	A or D	57
M	57a	Receiving Agent	A or D	58
-----|
End of Sequence E (Net) Amount(s) Payable by Party A
M = Mandatory, O = Optional