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MT 306 Field Specifications

58. Field 37L: Lower Barrier Level

FORMAT

Option L 12d (Rate)

PRESENCE

Conditional (see rule C15) in conditional (see rule C14) sequence F

DEFINITION

This field specifies the lower knock-in or knock-out level of the barrier option for double barriers, for knock-in knock-out (KIKO) barriers this is the knock-out barrier and for knock-out knock-in barriers (KOKI) this is the knock-in barrier.

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).