Note
This message may only be sent and received after prior arrangements between the Sender and the Receiver.
MT526 Scope
This message type is sent from one financial institution to another, both of which are involved in the lending of securities.
It is used to:
list specified securities available for lending by the lender or its agent
list specified securities no longer available for lending by the lender or its agent
request the borrowing of a specified security from the lender or its agent
notify the borrower or its agent of a partial or total return of the securities out on loan
notify the lender or its agent of a partial or total return of the securities borrowed
request the potential lender to hold the specified securities until further notice
confirm that specified securities are being held
request the potential borrower to confirm a securities loan or cancel a request to hold securities until further notice.
MT526 Format Specifications
| Status | Tag | Field Name | Content/Options | No. |
|---|---|---|---|---|
Mandatory Sequence A |
||||
M |
20 |
16x |
1 |
|
O |
21 |
16x |
2 |
|
M |
23 |
16x |
3 |
|
O |
83C |
/34x |
4 |
|
O |
29A |
4*35x |
5 |
|
O |
29B |
4*35x |
6 |
|
End of Sequence A |
||||
-----> Mandatory Repetitive Sequence B |
||||
M |
35B |
[ISIN1!e12!c] |
7 |
|
O |
35A |
3!a15d |
8 |
|
O |
30 |
6!n |
9 |
|
O |
31F |
6!n[/6!n][//35x] |
10 |
|
O |
87a |
A or D |
11 |
|
O |
72 |
6*35x |
12 |
|
-----| End of Sequence B |
||||
MT526 Network Validated Rules
There are no network validated rules for this message type.
MT526 Usage Rules
This message is normally sent by only one of the parties to a securities loan. Confirmation of any action requested would normally be made using an MT 516 Securities Loan Confirmation, subject to bilateral agreement. The exception to this general rule is the acknowledgement to the MT 526 requesting that securities be held until further notice where the MT 526 may be used.
