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ISO 15022
Data Field Dictionary

MT540: (27) Field 17B: Flag

FORMAT

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

PRESENCE

Optional in optional subsequence B1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

FRNF

N

 

B

Floating Rate Note Flag

2

O

CALL

N

 

B

Callable Flag

3

O

PUTT

N

 

B

Putable 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.

FRNF

Floating Rate Note Flag

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

PUTT

Putable Flag

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

CODES

Flag must contain one of the following codes:

N

No

No.

Y

Yes

Yes.