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ISO 15022
Data Field Dictionary

MT548: (54) Field 22F: Calculation Method Indicator: Calculation Method

FORMAT

Option F :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Indicator)

PRESENCE

Mandatory in optional subsequence C1a1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

M

CALM

N

 

F

Calculation Method

DEFINITION

This qualified generic field specifies:

CALM

Calculation Method

Indicates the calculation rule used to compute the penalty.

CODES

Indicator must contain one of the following codes:

BOTH

Sum of Penalties Based on Securities and Cash

That is the sum of the penalty based on the quantity of securities failed to be delivered and penalty rate of the ISIN; and the penalty based on the amount of cash failed to be delivered and the discount rate of the currency.

CASH

Penalty Based on Cash

Penalty is based on the amount of cash failed to be delivered and the penalty rate is the discount rate of the relevant currency.

MIXE

Penalty Based on the Discount Rate

The penalty is based on the quantity of securities failed to be delivered and penalty rate is the discount rate of the relevant currency.

SECU

Penalty Based on Securities

The penalty is based on the quantity of securities failed to be delivered and penalty rate of the ISIN.