Description

Type: int

Type of payment.

Valid values:

  • 0 = Brokerage
  • 1 = Upfront fee
  • 2 = Independent amount / collateral
  • 3 = Principal exchange
  • 4 = Novation / termination
  • 5 = Early termination provision
  • 6 = Cancelable provision
  • 7 = Extendible provision
  • 8 = Cap rate provision
  • 9 = Floor rate provision
  • 10 = Option premium
  • 11 = Settlement payment
  • 12 = Cash settlement
  • 13 = Security lending

    Fee that the borrower of the security or commodity pays to the lender. The basis rate is specified in PaymentFixedRate <43097>. A security lending fee payment may be periodic, in which case specify PaymentFrequencyPeriod <43102> and PaymentFrequencyUnit <43103>.

  • 14 = Rebate

    For contracts calling for rebate payment(s), e.g. Securities Lending, normally specified as a fixed or floating rate rather than a fixed amount. A rebate payment may be periodic, in which case specify PaymentFrequencyPeriod <43102> and PaymentFrequencyUnit <43103>.

  • 99 = Other

Used In