---
title: StipulationType <233> field – FIX 4.3 – FIX Dictionary – Onix Solutions
description: StipulationType <233> field – FIX 4.3 – FIX Dictionary – Onix Solutions
---

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# StipulationType <233> field – FIX 4.3 – FIX Dictionary

| Messages by MsgType \| Messages by Name \| Fields by Tag \| Fields by Name \| FIX 4.3 \| Home FIX 4.3 : StipulationType <233> field Type: String Used In Description For Fixed Income. Type of Stipulation. Values include: GEOG = Geographics ISSUE = Year of Issue LOTVAR = Lot Variance (value in percent maximum over- or under-allocation allowed) MAT = Maturity Year PIECES = Number of Pieces PMAX = Pools Maximum PPM = Pools per Million PPL = Pools per Lot PPT = Pools per Trade PROD = Production Year TRDVAR = Trade Variance (value in percent maximum over- or under-allocation allowed) WAC = Weighted Average Coupon (value in percent) WAL = Weighted Average Life (value in months) WALA = Weighted Average Loan Age (value in months) WAM = Weighted Average Maturity (value in months) or the following Prepayment Speeds  SMM = Single Monthly Mortality  CPR = Constant Prepayment Rate  CPY = Constant Prepayment Yield  CPP = Constant Prepayment Penalty  ABS = Absolute Prepayment Speed  MPR = Monthly Prepayment Rate  PSA = % of BMA Prepayment Curve  PPC = % of Prospectus Prepayment Curve  MHP = % of Manufactured Housing Prepayment Curve  HEP = final CPR of Home Equity Prepayment Curve Other types may be used by mutual agreement of the counterparties. (Note tag # was reserved in FIX 4.1, added in FIX 4.3) Used In <Stipulations> |
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