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ISO 15022
Data Field Dictionary

MT566: (66) Field 92a: Rate

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)
Option D :4!c//15d/15d (Qualifier)(Quantity)(Quantity)
Option F :4!c//3!a15d (Qualifier)(Currency Code)(Amount)
Option L :4!c//3!a15d/3!a15d (Qualifier)(First Currency Code)(Amount)(Second Currency Code)(Amount)
Option M :4!c//3!a15d/15d (Qualifier)(Currency Code)(Amount)(Quantity)
Option N :4!c//15d/3!a15d (Qualifier)(Quantity)(Currency Code)(Amount)

PRESENCE

Optional in optional subsequence D1

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

ADEX

N

 

D or L

Additional for Existing Securities

2

O

NEWO

N

 

D, L, M, or N

New to Old

3

O

ADSR

N

 

D or L

Additional for Subscribed Resultant Securities

4

O

CHAR

N

 

A or F

Charges/Fees

5

O

FISC

N

 

A

Fiscal Stamp

6

O

RATE

N

 

A

Applicable Rate

7

O

TAXC

N

C3, C4

A or F

Tax Credit Rate

8

O

TRAX

N

 

A

Financial Transaction Tax Rate

DEFINITION

This qualified generic field specifies:

ADEX

Additional for Existing Securities

Quantity of additional securities for a given quantity of underlying securities where underlying securities are not exchanged or debited, for example, 1 for 1: 1 new equity credited for every 1 underlying equity = 2 resulting equities.

ADSR

Additional for Subscribed Resultant Securities

Quantity of additional intermediate securities/new equities awarded for a given quantity of securities derived from subscription.

CHAR

Charges/Fees

Rate used to calculate the amount of the charges/fees that cannot be categorised.

FISC

Fiscal Stamp

Percentage of fiscal tax to apply.

NEWO

New to Old

Quantity of new securities for a given quantity of underlying securities, where the underlying securities will be exchanged or debited, for example, 2 for 1: 2 new equities credited for every 1 underlying equity debited = 2 resulting equities.

RATE

Applicable Rate

Rate applicable to the event announced, for example, redemption rate for a redemption event.

TAXC

Tax Credit Rate

Amount of money per equity allocated as the result of a tax credit.

TRAX

Financial Transaction Tax Rate

Rate of financial transaction tax.

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.

If Rate is zero, Sign must not be present.

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

USAGE RULES

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).

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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