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MT 305 Field Specifications

42. Field 22U: Underlying Product Identifier

FORMAT

Option U 6a (Product Identifier)

PRESENCE

Optional in optional sequence B

DEFINITION

This field specifies the underlying product type.

CODES

One of the following codes may be used:

FXNDOP Foreign Exchange Non Deliverable Option
FXVAOP Foreign Exchange Vanilla Option

USAGE RULES

These product codes must be in line with the ISDA Product Taxonomy.