ISO 15022 Data Field Dictionary

MT518: (38) Field 17B: Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Optional in optional subsequence B2

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

CONV

N

 

B

Convertible Flag

2

O

FRNF

N

 

B

Floating Rate Note Flag

3

O

COVE

N

 

B

Covered Flag

4

O

CALL

N

 

B

Callable Flag

5

O

PUTT

N

 

B

Putable Flag

6

O

WRTS

N

 

B

Warrants Attached on Delivery Flag

7

O

ODDC

N

 

B

Odd Coupon Flag

DEFINITION

This qualified generic field specifies:

CALL

Callable Flag

Indicates whether the issuer has the right to repay the financial instrument prior to maturity.

CONV

Convertible Flag

Indicates whether the financial instrument is convertible into another type of financial instrument.

COVE

Covered Flag

Indicates whether the underlying financial instrument of an option is owned by the writer of the option.

FRNF

Floating Rate Note Flag

Indicates whether the interest rate of an interest bearing instrument is reset periodically.

ODDC

Odd Coupon Flag

Indicates whether the payment of the coupon (interest) on an interest bearing instrument is off the normal schedule.

PUTT

Putable Flag

Indicates whether the holder has the right to ask for redemption of the financial instrument prior to final maturity.

WRTS

Warrants Attached on Delivery Flag

Indicates whether the warrants on a financial instrument (which has been traded cum warrants) will be attached on delivery.

CODES

Flag must contain one of the following codes:

N

No

No.

Y

Yes

Yes.

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