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ISO 15022
Data Field Dictionary

MT569: (27) Field 92A: Rate: Margin

FORMAT

Option A :4!c//[N]15d (Qualifier)(Sign)(Rate)

PRESENCE

Optional in mandatory sequence C

QUALIFIER

(Error code(s): T89)

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

MARG

N

 

A

Margin

DEFINITION

This qualified generic field specifies:

MARG

Margin

The collateral excess/shortage expressed in the percentage of the collateral required.

NETWORK VALIDATED RULES

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

If Rate is zero, Sign must not be present.

USAGE RULES

Except if notified differently in the rate definition, when used with format option A (:4!c//[N]15d), the rate must be expressed as a percentage, not as a decimal fraction (12% must be identified by 12, and not 0,12).