SpreadToBenchmark <218> field – FIX 4.2 – FIX Dictionary

Used In

Description

For Fixed Income. Basis points relative to a benchmark. To be expressed as "count of basis points" (vs. an absolute value). E.g. High Grade Corporate Bonds may express price as basis points relative to benchmark (the Benchmark <219> field). Note: Basis points can be negative.

Used In

• Indication of Interest <6>