MT 341 Field Specifications

17. Field 30F: Effective Date

FORMAT

Option F

8!n

(Date)

PRESENCE

Mandatory in mandatory sequence B

DEFINITION

This field specifies for FRABBA FRA's, the settlement date or, for ISDA FRA's, the Effective Date of the FRA.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD (Error code(s): T50).