MT 360 Field Specifications

11. Field 30V: Effective Date

FORMAT

Option V

8!n

(Date)

PRESENCE

Mandatory in mandatory sequence A

DEFINITION

This field specifies the first day of the term of the transaction.

For an ISDA Master (Type in field 77H is ISDA), this field specifies the Effective Date as per ISDA definitions.

NETWORK VALIDATED RULES

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