Standard SWIFT ISO15022
Vue de détail du message MT516 - Confirmation d'un prêt de titres

Utilisation du message MT516

Confirms the details of a securities loan, including collateral arrangements. It may also confirm the details of a partial recall or return of securities previously out on loan

Scope du message MT516

This message type is sent from one financial institution to another, both of which are involved in the lending of securities.

It is used to confirm the details of:

a new securities loan
a partial recall of securities previously out on loan
a partial return of securities previously out on loan
the close-out of a securities loan.

Structure du message MT516

Afficher seulement les champs obligatoires

Séquence A - Securities Loan/Recall/Return Identification [ obligatoire, non répétitive ]

No.

Tag

Option

Nom

Statut

Transaction Reference Number

Définition

This field specifies the reference assigned by the Sender to unambiguously identify the message.

Format

16x

Related Reference

Définition

This field specifies the related reference.

Format

16x

Further Identification

Définition

This field further identifies the transaction, whether borrowing or lending and if a new loan, recall or return.

Format

16x

31P

Date Loan/Recall/Return Agreed

Définition

This field specifies the date on which the loan, the recall or the return was agreed.

Format

Option P

6!n[29x]

(Date)(Place)

83C

Safekeeping Account

Définition

This field specifies the safekeeping account from/to which securities are to be delivered/received.

Format

Option C

/34x

(Account)

35B

Identification of Securities

Définition

This field identifies the securities lent or borrowed by the Sender or being recalled or returned.

Format

Option B

[ISIN1!e12!c]
[4*35x]

(Identification of Security)
(Description of Security)

35A

Quantity of Securities

Définition

This field contains a specification of the type of securities, followed by the quantity of securities lent or borrowed by the Sender, that is, field 23 contains the code NEWLON, or remaining on loan following a recall or return, that is, field 23 contains the code RECALL or RETURN.

Format

Option A

3!a15d

(Type)(Quantity)

31L

Payable Date

Définition

This field specifies the date on which income to be derived from the securities on loan is payable.

Format

Option L

6!n

(Date)

31X

Ex Date

Définition

This field specifies the first day, and optionally the time, on which any transaction related to the securities on loan is contracted without entitlement to any event related to the securities.

Format

Option X

[6!n[4!n]][7!a]

(Date)(Time)(Code)

Effective Date

Définition

This field specifies the date either on which the securities loan will be effective or on which the securities on loan are to be recalled or have been returned.

Format

6!n

(Date)

31F

Expiry and Option Date of Loan

Définition

This field specifies the expiry date or the option period of the loan and, optionally other details concerning the loan period.

Format

Option F

6!n[/6!n][//35x]

(Date)(Period Date)(Period Details)

87a

Receiver/Deliverer of Securities

Définition

This field identifies the receiver or deliverer of securities on loan.
In option A, Identifier Code specifies a BIC. For more details, see the Standards MT General Information.

Format

Option A	[/1!a][/34x] 4!a2!a2!c[3!c]	(Party Identifier) (Identifier Code)
Option D	[/1!a][/34x] 4*35x	(Party Identifier) (Name and Address)

35N

Quantity of Securities Recalled/Returned

Définition

This field contains a specification of the type of securities, followed by the quantity of securities being requested for recall or notified of its return.

Format

Option N

3!a15d

(Type)(Quantity)

33T

Market Price of Securities

Définition

This field specifies the currency and price per unit of the securities lent, borrowed, recalled or returned as evaluated on the date the loan, recall or return was agreed, for example, field 31P.

Format

Option T

3!a15d

(Currency)(Price)

Séquence B - Collateral Arrangements [ facultative, non répétitive ]

No.

Tag

Option

Nom

Statut

37J

Interest Rate on Securities

Définition

This field specifies the interest rate to be paid by the borrower on the market value of the securities on loan.

Format

Option J

12d

(Rate)

26H

Collateral Type

Définition

This field specifies the type of collateral used in the securities loan.

Format

Option H

16x

33S

Collateral Requirement

Définition

This field is used to indicate the percentage amount of the market value of the securities loaned used in the calculation of the amount of collateral required to cover the securities loan.

Format

Option S

3!a15d

(Code)(Amount)

32a

Cash Collateral Amount

Définition

This field specifies the currency and amount of the collateral to be transferred when in the form of cash.

Format

Option A	6!n3!a15d	(Date)(Currency)(Amount)
Option B	3!a15d	(Currency)(Amount)

37a

Rebate Agreed

Définition

This field specifies the interest rate of the rebate agreed on the cash collateral. It specifies the interest rate and the method to be used in the calculation of the interest amount.
For all option letters:

End Date specifies the last day of the first interest period
Period specifies the period between payments
Number specifies the number of days or months between interest payments

The option letter specifies the method of interest computation as follows:

Tag option	Month of	Year of
A	30 days	360 days
B	28-31 days	360 days
C	28-31 days	365/6 days
D	30 days	365/6 days
E	28-31 days	365 days
F	30 days	365 days

Format

Option A	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)
Option B	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)
Option C	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)
Option D	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)
Option E	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)
Option F	12d[//6!n1!a3n][/16x]	(Rate)(End Date)(Period)(Number)(Information)

57a

Account With Institution

Définition

This field identifies the financial institution which will pay or credit the lender of the securities on loan, or the borrower.
In option A, Identifier Code specifies a BIC. For more details, see the Standards MT General Information.

Format

Option A	[/1!a][/34x] 4!a2!a2!c[3!c]	(Party Identifier) (Identifier Code)
Option B	[/1!a][/34x] [35x]	(Party Identifier) (Location)
Option D	[/1!a][/34x] 4*35x	(Party Identifier) (Name and Address)

35S

Quantity of Securities Transferred as Collateral

Définition

This field contains a specification of the type of securities, followed by the quantity of securities being requested or transferred as collateral.

Format

Option S

3!a15d

(Type)(Quantity)

35B

Identification of Securities

Définition

This field identifies the securities being requested or transferred as collateral.

Format

Option B

[ISIN1!e12!c]
[4*35x]

(Identification of Security)
(Description of Security)

87a

Receiver/Deliverer of Securities

Définition

This field identifies the financial institution which will receive securities used as collateral.
In option A, Identifier Code specifies a BIC. For more details, see the Standards MT General Information.

Format

Option A	[/1!a][/34x] 4!a2!a2!c[3!c]	(Party Identifier) (Identifier Code)
Option D	[/1!a][/34x] 4*35x	(Party Identifier) (Name and Address)

Séquence C - Additional Information [ facultative, non répétitive ]

No.

Tag

Option

Nom

Statut

77D

Special Terms and Conditions

Définition

This field contains additional information about terms and conditions of the securities loan or its recall or return.

Format

Option D

6*35x

(Narrative)

Sender to Receiver Information

Définition

This field is used to provide additional information about the securities loan.

Format

6*35x

(Narrative)

◄ MT515 - Confirmation d'achat ou de vente au client

MT517 - Affirmation de la confirmation d'une transaction ►

Standard SWIFT ISO15022Vue de détail du message MT516 - Confirmation d'un prêt de titres

Utilisation du message MT516

Scope du message MT516

Structure du message MT516

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Standard SWIFT ISO15022
Vue de détail du message MT516 - Confirmation d'un prêt de titres