MT 362 Field Specifications

22. Field 37J: Cap Rate

FORMAT

Option J

12d

(Rate)

PRESENCE

Conditional (see rule C9) in conditional (see rule C1) sequence B

DEFINITION

This field specifies the cap rate.

NETWORK VALIDATED RULES

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

USAGE RULES

Rate is expressed as a percentage.