MT 306 Field Specifications

73. Field 12G: Early Termination Style

FORMAT

Option G

4!c

(Early Termination Style)

PRESENCE

Mandatory in optional sequence I

DEFINITION

This field specifies the early termination style.

CODES

Early Termination Style must contain one of the following codes (Error code(s): T66):

AMER	The right to terminate the option early may be exercised during a specified period.
BERM	The right to terminate the option early may be exercised on a number of specified dates.
EURO	The right to terminate the option early may be exercised on a single specified date.