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ISO 15022
Data Field Dictionary

MT506: (72) Field 70C: Narrative: Rating Narrative

FORMAT

Option C :4!c//4*35x (Qualifier)(Narrative)

PRESENCE

Conditional (see rule C10) in conditional (see rule C4) subsequence D1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

RATS

N

C10

C

Rating Narrative

DEFINITION

This qualified generic field specifies:

RATS

Rating Narrative

Provides the rating of the financial instrument.

USAGE RULES

Unless bilaterally agreed between the Sender and the Receiver, narrative field 70a must not contain information that can be provided in a structured field.

EXAMPLE

Example of rating:

:70C::RATS//AA+