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ISO 15022
Data Field Dictionary

MT506: (42) Field 92A: Rate: Securities Haircut

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)

PRESENCE

Mandatory in optional subsequence C1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

SHAI

N

 

A

Securities Haircut

DEFINITION

This qualified generic field specifies:

SHAI

Securities Haircut

Haircut or valuation factor on the security expressed as a percentage.

NETWORK VALIDATED RULES

The integer part of Rate must contain at least one digit. The decimal comma is mandatory and is included in the maximum length.

If Rate is zero, Sign must not be present.

USAGE RULES

Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).