ISO 15022 Data Field Dictionary

MT518: (36) Field 92A: Rate

FORMAT

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

PRESENCE

Optional in optional subsequence B2

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

PRFC

N

 

A

Previous Factor

2

O

CUFC

N

 

A

Current Factor

3

O

NWFC

N

 

A

Next Factor

4

O

INTR

N

 

A

Interest Rate

5

O

NXRT

N

 

A

Next Interest Rate

6

O

INDX

N

 

A

Index Factor

7

O

YTMR

N

 

A

Yield To Maturity Rate

DEFINITION

This qualified generic field specifies:

CUFC

Current Factor

Rate expressed as a decimal between 0 and 1 defining the outstanding principal of the financial instrument (for factored securities).

INDX

Index Factor

Public index rate used for inflation adjustment.

INTR

Interest Rate

Annualised interest rate of a financial instrument used to calculate the actual interest rate of the coupon or the accrued interest.

NWFC

Next Factor

Rate expressed as a decimal between 0 and 1 that will be applicable as of the next factor date and defines the outstanding principal of the financial instrument (for factored securities).

NXRT

Next Interest Rate

Interest rate applicable to the next interest payment period in relation to variable rate instruments.

PRFC

Previous Factor

Rate expressed as a decimal between 0 and 1 that was applicable before the current factor and defines the outstanding principal of the financial instrument (for factored securities).

YTMR

Yield To Maturity Rate

Rate of return anticipated on a bond when held until maturity date.

NETWORK VALIDATED RULES

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

If Rate is zero, Sign must not be present.

USAGE RULES

Sign must be present when Rate is negative.

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).

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