 Option C |
4!n |
(Year) |
Optional in mandatory sequence A
This field specifies the year of the version of the Agreement's definitions applicable to the MT601 Commodity Option Confirmation.
If an ISDA Master Agreement applies, that is, the Master Agreement (Type in field 77H) is equal to ISDA, this field specifies the year of the ISDA Terms and Definitions.
This field contains the identification of a Year expressed as YYYY or the value '0000'.
If the Master Agreement (Type in field 77H) is ISDA, this field must be used and understood as follows:
Year contains the value 1997: "The definitions and provisions contained in the 1997 ISDA Bullion Definitions (as published by the International Swap and Derivatives Association, Inc.) (the "Definitions") are incorporated into this confirmation".
Year contains the value 2005: "The definitions and provisions contained in the 2005 ISDA Commodity Definitions (as published by the International Swap and Derivatives association, Inc.) (the "Definitions") are incorporated into this Confirmation".
If the Master Agreement (Type in field 77H) is OTHER, the value of this field depends on the Agreement.
