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ISO 15022
Data Field Dictionary

MT564: (64) Field 92a: Rate

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)
Option B :4!c//3!a/3!a/15d (Qualifier)(First Currency Code)(Second Currency Code)(Rate)
Option F :4!c//3!a15d (Qualifier)(Currency Code)(Amount)
Option H :4!c//3!a15d/4!c (Qualifier)(Currency Code)(Amount)(Rate Status)
Option J :4!c/[8c]/4!c/3!a15d[/4!c] (Qualifier)(Data Source Scheme)(Rate Type Code)(Currency Code)(Amount)(Rate Status)
Option K :4!c//4!c (Qualifier)(Rate Type Code)
Option P :4!c//15d (Qualifier)(Index Points)
Option R :4!c/[8c]/4!c/15d (Qualifier)(Data Source Scheme)(Rate Type Code)(Rate)

PRESENCE

Optional in optional sequence E

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

GRSS

R

C7, C8

F, H, J, or K

Gross Dividend Rate

2

O

TAXR

R

C7, C8, C19

A, F, K, or R

Withholding Tax Rate

3

O

ATAX

N

 

A, F, or K

Additional Tax

4

O

OVEP

N

 

A or K

Maximum Allowed Oversubscription Rate

5

O

PROR

N

 

A or K

Pro-Ration Rate

6

O

INTP

R

 

A, F, J, or K

Interest Rate Used for Payment

7

O

TDMT

R

 

J

Taxable Income Per Dividend/Share

8

O

NETT

R

C7, C8

F, H, J, or K

Net Dividend Rate

9

O

IDFX

N

C18

B

Issuer Declared Exchange Rate

10

O

TXIN

N

 

A, F, or K

Tax on Income

11

O

WITL

R

C7, C8, C19

A, F, K, or R

Second Level Tax

12

O

BIDI

N

C25

A, F, K, or P

Bid Interval Rate

DEFINITION

This qualified generic field specifies:

ATAX

Additional Tax

Rate used for additional tax that cannot be categorised.

BIDI

Bid Interval Rate

Acceptable price increment used for submitting a bid.

GRSS

Gross Dividend Rate

Cash dividend amount per equity before deductions or allowances have been made.

IDFX

Issuer Declared Exchange Rate

Exchange rate (provided by the issuer) between the dividend or interest rate in the paid currency and the declared dividend or interest rate.

INTP

Interest Rate Used for Payment

The actual interest rate used for the payment of the interest for the specified interest period.

NETT

Net Dividend Rate

Cash dividend amount per equity after deductions or allowances have been made.

OVEP

Maximum Allowed Oversubscription Rate

A maximum percentage of shares available through the over subscription privilege, usually a percentage of the basic subscription shares, for example, an account owner subscribing to 100 shares may over subscribe to a maximum of 50 additional shares when the over subscription maximum is 50%.

PROR

Pro-Ration Rate

Percentage of securities accepted by the offeror/issuer.

TAXR

Withholding Tax Rate

Percentage of a cash distribution that will be withheld by the tax authorities of the jurisdiction of the issuer, for which a relief at source and/or reclaim may be possible.

TDMT

Taxable Income Per Dividend/Share

Amount included in the dividend/NAV that is identified as gains directly or indirectly derived from interest payments, for example, in the context of the EU Savings directive.

TXIN

Tax on Income

Overall tax withheld at source by fund managers prior to considering the tax obligation of each unit holder.

WITL

Second Level Tax

Rate at which the income will be withheld by a jurisdiction other than the jurisdiction of the issuer's country of tax incorporation, for which a relief at source and/or reclaim may be possible. It is levied in complement or offset of the withholding tax rate (TAXR) levied by the jurisdiction of the issuer's tax domicile.

CODES

In option H, Rate Status must contain one of the following codes:

ACTU

Actual Rate

Rate is actual.

INDI

Indicative Rate

Rate is indicative.

CODES

In option J, if Qualifier is GRSS and Data Source Scheme is not present, Rate Type Code must contain one of the following codes:

CAPO

Capital Portion

Rate relating to the underlying security for which capital is distributed.

CDFI

Foreign Income

Rate relating to a foreign income type such as conduit foreign income.

FLFR

Fully Franked

Rate resulting from a fully franked dividend paid by a company; rate includes tax credit for companies that have made sufficient tax payments during fiscal period.

INCO

Income Portion

Rate relating to the underlying security for which income is distributed.

INTR

Interest

Rate relating to the underlying security for which interest is paid.

LTCG

Long Term Capital Gain

Long term capital gain.

REES

Real Estate Property Income Portion

Rate of income distribution originated by real estate investment.

SOIC

Sundry/Other Income

Rate relating to the underlying security for which other income is paid.

STCG

Short Term Capital Gain

Short term capital gain.

TXBL

Taxable Portion

Rate relating to the underlying security for which tax is charged.

TXDF

Tax Deferred

Rate relating to the underlying security for which tax is deferred.

TXFR

Tax Free

Rate relating to the underlying security which is not taxable.

UNFR

Unfranked

Unfranked.

CODES

In option J, if Data Source Scheme is not present, Rate Status, when present, must contain one of the following codes:

ACTU

Actual Rate

Rate is actual.

INDI

Indicative Rate

Rate is indicative.

CODES

In option K, if Qualifier is GRSS or Qualifier is INTP, Rate Type Code must contain one of the following codes:

NILP

Nil Payment

Rate will not be paid.

UKWN

Unknown Rate

Rate is unknown by the sender or has not been established.

CODES

In option K, if Qualifier is TAXR or Qualifier is ATAX or Qualifier is OVEP or Qualifier is PROR or Qualifier is NETT or Qualifier is TXIN or Qualifier is WITL or Qualifier is BIDI, Rate Type Code must contain the following code:

UKWN

Unknown Rate

Rate is unknown by the sender or has not been established.

CODES

In option R, if Data Source Scheme is not present, Rate Type Code must contain one of the following codes:

BWIT

Back Up Withholding

Withholding tax related to payments subject to Back up Withholding.

FTCA

FATCA Tax

Withholding Tax related to income subject to FATCA (Foreign Account Tax Compliance Act).

NRAT

NRA Tax

Withholding tax related to income subject NRA (Non Resident Alien).

CODES

In option J, if Qualifier is INTP and Data Source Scheme is not present, Rate Type Code must contain one of the following codes:

SCHD

Scheduled

Rate of the scheduled payment.

USCD

Unscheduled

Rate of the unscheduled payment.

CODES

In option J, if Qualifier is TDMT and Data Source Scheme is not present, Rate Type Code must contain the following code:

TXBL

Taxable Portion

Rate relating to the underlying security for which tax is charged.

CODES

In option J, if Qualifier is NETT and Data Source Scheme is not present, Rate Type Code must contain one of the following codes:

CAPO

Capital Portion

Rate relating to the underlying security for which capital is distributed.

CDFI

Foreign Income

Rate relating to a foreign income type such as conduit foreign income.

FLFR

Fully Franked

Rate resulting from a fully franked dividend paid by a company; rate includes tax credit for companies that have made sufficient tax payments during fiscal period.

INCO

Income Portion

Rate relating to the underlying security for which income is distributed.

INTR

Interest

Rate relating to the underlying security for which interest is paid.

REES

Real Estate Property Income Portion

Rate of income distribution originated by real estate investment.

SOIC

Sundry/Other Income

Rate relating to the underlying security for which other income is paid.

TXBL

Taxable Portion

Rate relating to the underlying security for which tax is charged.

TXDF

Tax Deferred

Rate relating to the underlying security for which tax is deferred.

TXFR

Tax Free

Rate relating to the underlying security which is not taxable.

UNFR

Unfranked

Unfranked.

NETWORK VALIDATED RULES

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

When Sign is present, Rate must not be zero.

Currency Code, First Currency Code and Second Currency Code must be valid ISO 4217 currency codes.

USAGE RULES

ACTU is the default value for Rate Status.

Sign must be present when Rate is negative.

Except if notified differently in the rate definition, the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).

Rate Type Code NILP (Nil Payment), available for use with rate qualifier GRSS (Gross Dividend Rate) and INTP (Interest Rate Used for Payment), can only be used with Corporate Action Event Types :22F::CAEV//DVCA (Cash Dividend) and :22F::CAEV//INTR (Interest Payment).

Sequence D Interest Rate :92a::INTR and sequence E Interest Rate Used for Payment :92a::INTP usage must not be mixed. INTR is used to provide the annual rate of the financial instrument. INTP is used to provide the applicable rate for the current payment, after all calculations have been performed, that is, application of period and method of interest computation.

In format option B, for the calculation of the rate itself, the First Currency Code will be the base currency and the Second Currency Code will be the quoted currency. (1,00 of First Currency Code = [Rate] of Second Currency Code).

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