Appears in 1 contract

Repurchase and Reverse Repurchase Initiation Message Structure. The Repurchase Agreement Market Practice should adhere to the ISO 15022 messaging standard. The message structure is provided below. Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT540 – Receive free MT541 – Receive against payment MT542 – Receive free MT543 – Deliver against payment NA ISO15022 MT540/MT541 are used to instruct a reverse repurchase agreement. MT542/MT543are used to instruct a repurchase agreement. ~~MT543 – Deliver against payment~~ M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 O 22F LINK Indicator Linkage Type Indicator :4!c/[8c]/4!c LINK//WITH (substitutions only) 7 M 20C 4!c Reference (see qualifier description) :4!c//16x PREV//(reference to most recent SEME) 9 M 16S End of Block LINK ~~1 1~~ 11 M 16S End of Block GENL ~~1 2~~ 12 M 16R Start of Block TRADDET 13 -----> M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// SETT// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] 18 M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 -----> M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 Optional Sequence D Two Leg Transaction Details M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n XXXX// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO ~~6 1~~ 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (maturity change) REPT//ROLP (roll) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E ~~7 4~~ 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82 39. Repurchase and Reverse Repurchase Settlement Confirmation Message Structure Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT544 – Settlement Confirmation for a Receive free MT545 – Settlement Confirmation for a Receive against payment MT546 – Settlement Confirmation for a Receive free MT547 – Settlement Confirmation for a Deliver against payment NA ISO15022 MT544/MT545 are used to confirm settlement of a reverse repurchase agreement. MT546/MT547 are used to confirm settlement of a repurchase agreement. M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 M 20C 4!c Reference (see qualifier description) :4!c//16x RELA// 9 M 16S End of Block LINK 11 M 16S End of Block GENL 12 M 16R Start of Block TRADDET 13 M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// ESET// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 -----> M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d ESTT// 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 Optional Sequence D Two Leg Transaction Details M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n XXXX// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) 58 -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (early maturity change) REPT//ROLP (maturity change extension) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ESTT// 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82

Appears in 1 contract

Samples: Repurchase Agreement

Repurchase and Reverse Repurchase Initiation Message Structure. ‌ The Repurchase Agreement Market Practice should adhere to the ISO 15022 messaging standard. The message structure is provided below. Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT540 – Receive free MT541 – Receive against payment MT542 – Receive free MT543 – Deliver against payment NA ISO15022 MT540/MT541 are used to instruct a reverse repurchase agreement. MT542/MT543are used to instruct a repurchase agreement. ~~MT543 – Deliver against payment~~ M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 O 22F LINK Indicator Linkage Type Indicator :4!c/[8c]/4!c LINK//WITH (substitutions only) 7 M 20C 4!c Reference (see qualifier description) :4!c//16x PREV//(reference to most recent SEME) 9 M 16S End of Block LINK ~~1 1~~ 11 M 16S End of Block GENL ~~1 2~~ 12 M 16R Start of Block TRADDET 13 M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// SETT// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] 18 M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 -----> M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 Optional Sequence D Two Leg Transaction Details M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n XXXX// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO ~~6 1~~ 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (maturity change) REPT//ROLP (roll) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E ~~7 4~~ 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82 39. Repurchase and Reverse Repurchase Settlement Confirmation Message Structure‌ Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT544 – Settlement Confirmation for a Receive free MT545 – Settlement Confirmation for a Receive against payment MT546 – Settlement Confirmation for a Receive free MT547 – Settlement Confirmation for a Deliver against payment NA ISO15022 MT544/MT545 are used to confirm settlement of a reverse repurchase agreement. MT546/MT547 are used to confirm settlement of a repurchase agreement. M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 M 20C 4!c Reference (see qualifier description) :4!c//16x RELA// 9 M 16S End of Block LINK 11 M 16S End of Block GENL 12 M 16R Start of Block TRADDET 13 M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// ESET// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 -----> M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d ESTT// 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 Optional Sequence D Two Leg Transaction Details M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n XXXX// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) 58 -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (early maturity change) REPT//ROLP (maturity change extension) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ESTT// 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82

Appears in 1 contract

Samples: Repurchase Agreement (Repo) Settlement Market Practice

Repurchase and Reverse Repurchase Initiation Message Structure. The Repurchase Agreement Market Practice should adhere to the ISO 15022 messaging standard. The message structure is provided below. Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT540 – Receive free MT541 – Receive against payment MT542 – Receive free MT543 – Deliver against payment NA ISO15022 MT540/MT541 are used to instruct a reverse repurchase agreement. MT542/MT543are used to instruct a repurchase agreement. ~~MT543 – Deliver against payment~~ M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 O 22F LINK Indicator Linkage Type Indicator :4!c/[8c]/4!c LINK//WITH (substitutions only) 7 M 20C 4!c Reference (see qualifier description) :4!c//16x PREV//(reference to most recent SEME) 9 M 16S End of Block LINK ~~1 1~~ 11 M 16S End of Block GENL ~~1 2~~ 12 M 16R Start of Block TRADDET 13 M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// SETT// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] 18 M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 -----> M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 ~~Optional Sequence D Two Leg Transaction Details~~ M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n ~~XXXX//~~ CADE// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO ~~6 1~~ 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (maturity change) REPT//ROLP (roll) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E ~~7 4~~ 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82 39. Repurchase and Reverse Repurchase Settlement Confirmation Message Structure Index Message Item Definition Mult. Syntax Usage Rule / Comments 1.0 Message Type MT544 – Settlement Confirmation for a Receive free MT545 – Settlement Confirmation for a Receive against payment MT546 – Settlement Confirmation for a Receive free MT547 – Settlement Confirmation for a Deliver against payment NA ISO15022 MT544/MT545 are used to confirm settlement of a reverse repurchase agreement. MT546/MT547 are used to confirm settlement of a repurchase agreement. M 16R Start of Block GENL 1 M 20C SEME Reference Sender's Message Reference :4!c//16x 2 M 23G Function of the Message 4!c[/4!c] NEWM// or CANC// 3 O 99B 4!c Number Count (see qualifier description) :4!c//3!n SETT// (multi-collateral only) 5 M 16R Start of Block LINK 6 M 20C 4!c Reference (see qualifier description) :4!c//16x RELA// 9 M 16S End of Block LINK 11 M 16S End of Block GENL 12 M 16R Start of Block TRADDET 13 M 98a 4!c Date/Time (see qualifier description) A, B, C, or E TRAD// ESET// 15 O 90a DEAL Price Deal Price A or B DEAL//PRCT/ 16 M 35B Identification of the Financial Instrument [ISIN1!e12!c] 18 [4*35x] M 16R Start of Block FIA 19 -----> O 12a 4!c Type of Financial Instrument (see qualifier description) A, B, or C Classification Type is recommended to describe field 35B security ID when a dummy ID is populated. This is the collateral, not the repo. 22 M 16S End of Block FIA 32 M 16S End of Block TRADDET 37 M 16R Start of Block FIAC 38 M 36B SETT Quantity of Financial Instrument Quantity of Financial Instrument to be Settled :4!c//4!c/15d ESTT// 39 M 97a 4!c Account (see qualifier description) A, B, or E SAFE// 43 M 16S End of Block FIAC 52 M 16R Start of Block REPO This Sequence is required for Repurchase and Reverse repurchase agreements, this is the start of the second leg sequence 53 O 98a 4!c Date/Time (see qualifier description) A, B, or C TERM// (closing date/time, or maturity of the repo) RERA// (rate change date/time, required for re-rates) 54 -----> O 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c RERT// (rate type) MICO// (method of interest computation indicator) XXXX// (revaluation indicator) LEGA// (legal framework indicator) 55 O 20C 4!c Reference (see qualifier description) :4!c//16x REPO// (unique reference through life of repo) SECO// (second leg reference) 56 -----> O 92a 4!c Rate (see qualifier description) A or C PRIC// (Pricing Rate) REPO// (Repurchase Rate) RSPR// (Spread Rate) SHAI// (Securities Haircut) SLMG// (Stock Loan Margin) XXXX// (Variable Rate support) 57 O 99B 4!c Number Count (see qualifier description) :4!c//3!n CADE// (Transaction Call Delay) TOCO// (Total Number of Collateral Instructions) 58 -----> O 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ACRU// (Accrued Interest Amount) DEAL// (Deal Amount) FORF// (Forfeit Amount) XXXX// (Premium Amount) TAPC// (Termination Amount per Piece of Collateral) TRTE// (Termination Transaction Amount) 59 O 70C SECO Narrative Second Leg Narrative :4!c//4*35x SECO// (second leg narrative) 60 M 16S End of Block REPO 61 M 16R Start of Block SETDET 62 -----> M 22F 4!c Indicator (see qualifier description) :4!c/[8c]/4!c Settlement Transaction Type Indicator: SETR//REPU (repurchase agreement) SETR//RVPO (reverse repurchase agreement) SETR//COLI (collateral in, used in top up/withdrawal) SETR//COLO (collateral out, used in top up/withdrawal) Repurchase Type Indicator REPT//CALL (early maturity change) REPT//ROLP (maturity change extension) REPT//CADJ (substitution) REPT//RATE (rearate) REPT//PADJ (reprice) REPT//TOPU (top up) REPT//WTHD (withdrawal) REPT//PAIR (pair-off) 63 M 16R Start of Block SETPRTY 64 -----> M 95a 4!c Party (see qualifier description) C, P, Q, R, or S BUYR// or SELL// REAG// or DEAG// PSET// 65 M 16S End of Block SETPRTY 70 M 16R Start of Block CSHPRTY 71 M 95a 4!c Party (see qualifier description) P, Q, R, or S 72 O 97a 4!c Account (see qualifier description) A or E 73 O 70a 4!c Narrative (see qualifier description) C or E 74 M 16S End of Block CSHPRTY 75 M 16R Start of Block AMT 76 M 19A 4!c Amount (see qualifier description) :4!c//[N]3!a15d ESTT// 78 M 16S End of Block AMT 81 M 16S End of Block SETDET 82

Appears in 1 contract

Samples: Repurchase Agreement (Repo) Settlement Market Practice

Common use of Repurchase and Reverse Repurchase Initiation Message Structure Clause in Contracts