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ISO 15022
Data Field Dictionary

MT548: (75) Field 98a: Date/Time

FORMAT

Option A :4!c//8!n (Qualifier)(Date)
Option B :4!c/[8c]/4!c (Qualifier)(Data Source Scheme)(Date Code)
Option C :4!c//8!n6!n (Qualifier)(Date)(Time)

PRESENCE

Mandatory in optional subsequence C1a1A2a

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

EXSE

N

 

A or C

Expected Settlement Date/Time

2

M

SETT

N

 

A, B, or C

Settlement Date/Time

3

O

ADEL

N

 

A or C

Late Delivery Date/Time

4

O

TRAD

N

 

A, B, or C

Trade Date/Time

5

O

EXVA

N

 

A or C

Expected Value Date/Time

DEFINITION

This qualified generic field specifies:

ADEL

Late Delivery Date/Time

Date/time after the settlement date specified in the trade, used for pool trades resulting from the original To Be Assigned (TBA) securities.

EXSE

Expected Settlement Date/Time

Date/time at which the Sender expects settlement.

EXVA

Expected Value Date/Time

For against payment transactions, the value date/time at which the Sender expects the settlement amount to be credited or debited.

SETT

Settlement Date/Time

Date/time at which the financial instruments are to be delivered or received.

TRAD

Trade Date/Time

Date/time at which the trade was executed.

CODES

In option B, if Qualifier is SETT and Data Source Scheme is not present, Date Code must contain one of the following codes:

OPEN

Open-Dated

Date has not been established.

UKWN

Unknown

Date is unknown.

CODES

In option B, if Qualifier is TRAD and Data Source Scheme is not present, Date Code must contain the following code:

VARI

Various

Partial trades have occurred over a period of two or more days.

NETWORK VALIDATED RULES

Date must be a valid date expressed as YYYYMMDD.

Time must be a valid time expressed as HHMMSS.

USAGE RULES

ADEL, Late delivery date is used for pool trades that result from the original TBA's. (The original TBA's would be offset by an opposite transaction and replaced by buys or sells of individual pools). It is a date greater than the settlement date stated in the trade, for pools designed as settling late.