ISO 15022 Data Field Dictionary

MT518: (13) Field 90a: Price: Deal Price

FORMAT

Option A :4!c//4!c/[N]15d (Qualifier)(Percentage Type Code)(Sign)(Price)
Option B :4!c//4!c/3!a15d (Qualifier)(Amount Type Code)(Currency Code)(Price)

PRESENCE

Mandatory in mandatory sequence B

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

DEAL

N

 

A or B

Deal Price

DEFINITION

This qualified generic field specifies:

DEAL

Deal Price

Price of the traded financial instrument.

CODES

In option A, Percentage Type Code must contain one of the following codes:

DISC

Discount

Price expressed as the number of percentage points below par, for example, a discount price of 2.0% equals a price of 98 when par is 100.

PRCT

Percentage

Price expressed as a percentage of par.

PREM

Premium

Price expressed as the number of percentage points above par, for example, a premium price of 2.0% equals a price of 102 when par is 100.

YIEL

Yield

Price expressed as a yield.

CODES

In option B, Amount Type Code must contain one of the following codes:

ACTU

Actual Amount

Price expressed as an amount of currency per unit or per share.

DISC

Discount

Price expressed as a discount amount.

PREM

Premium

Price expressed as a premium.

NETWORK VALIDATED RULES

Currency Code must be a valid ISO 4217 currency code.

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

Sign may only be present if Percentage Type Code is YIEL.

If Price is zero, Sign must not be present.

USAGE RULES

The number of decimal digits in Price is not validated against the currency specified.

Sign must be present when Price is negative.

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