Codes
If Data Source Scheme is not present, Sub-balance Type must contain one of the following codes:
Code
Signification du code
Trading Status: Active: Trading in the security has commenced or security has been re-activated after a suspension in trading.
Available Sub-balance: Financial instruments are available for any purpose.
Available With No Additional Status: Balance of financial instruments that are freely available with no specific additional status.
Attachment: Combination of different security types to create a unit. Units are usually comprised of warrants and bonds or warrants and equities. Securities may be combined at the request of the security holder or based on market convention.
Blocked Corporate Action: Balance of financial instrument blocked following a corporate action, including proxy activities.
Repurchase Offer/Issuer Bid/Reverse Rights: Offer to existing holders by the issuing company to repurchase its own securities. The objective of the offer is to reduce the number of outstanding securities.
Bond Holder Meeting: Physical meeting of bond holders.
Blocked Sub-balance: Balance of financial instruments that are blocked.
Bonus Issue/Capitalisation Issue: Bonus or capitalisation issue. Security holders receive additional assets free of payment from the issuer, in proportion to their holding.
Blocked Trading: Balance of financial instruments that are blocked for trading.
Blocked Authenticity: Balance of financial instruments that are blocked for verification of authenticity.
Put Redemption: Early redemption of a bond at the election of the bondholder subject to the terms and condition of the issue with no reduction in nominal value.
Borrowed Sub-balance: Balance of financial instruments that have been borrowed from another party.
Bankruptcy: Legal status of a company unable to pay creditors. Bankruptcy usually involves a formal court ruling. Securities may become valueless.
Capital Distribution: The Corporate event pays shareholders an amount in cash issued from the Capital account. There is no reduction to the face value of a single share (or the share has no par value). The number of circulating shares remains unchanged.
Tax Exempt Sub-balance: Balance of tax exempt financial instruments.
Capital Gains Distribution: Distribution of profits resulting from the sale of securities. Shareholders of mutual funds, unit trusts, or sicavs may be recipients of capital gains distributions which are often reinvested in additional equity of the fund.
Eligible for Collateral Purposes: Balance of securities that are eligible for use for collateral purposes.
Capitalisation: Increase of the current principal of a debt instrument without increasing the nominal value. It normally arises from the incorporation of due but unpaid interest into the principal. This is commonly done by increasing the pool factor value, for example, capitalisation, and negative amortisation.
Collateral In Sub-balance: Balance of securities that belong to a third party and that are held for the purpose of collateralisation.
Non-US TEFRA D Certification: Non-US beneficial owner certification requirement for exchange of temporary to permanent notes.
Collateral Out Sub-balance: Balance of securities that belong to the safekeeping account indicated within this message, and are deposited with a third party for the purpose of collateralisation.
Taxable Sub-balance: Balance of taxable financial instruments.
Change: Information regarding a change further described in the corporate action details.
Drawn: Balance of securities that are drawn for redemption.
Class Action/Proposed Settlement: Situation where interested parties seek restitution for financial loss. The security holder may be offered the opportunity to join a class action proceeding and would need to respond with an instruction.
Issued: Balance for issued financial instrument where legal documentation has been received.
Court Meeting: Announcement of a meeting at a Court.
Consent: Procedure that aims to obtain consent of holder to a proposal by the issuer or a third party without convening a meeting. For example, consent to change the terms of a bond.
Loan Out Sub-balance: Balance of financial instruments that have been loaned to a third party.
Conversion: Conversion of securities, generally convertible bonds or preferred equity, into another form of securities, usually common equity.
Pending On Loan Delivery: Balance of financial instruments that are pending delivery in relation to a lending transaction.
Company Option: A Company Option may be granted by the company, allowing the holder to take up shares at some future date(s) at a pre arranged price in the company. A company may not grant options which enable the holder to take up unissued shares at a time which is five or more years from the date of the grant. Option holders are not members of a company. They are contingent creditors of a company and hence may, in some instances, be entitled to vote on and be bound by a scheme of arrangement between the creditors and the company. As many options have multiple exercise periods a company option will either lapse or carry on to the next expiry date.
Derivatives Margin Sub-balance: Balance of securities that belong to and is kept in the safekeeping account indicated within this message, and that are used as collateral for derivatives.
Credit Event: An occurrence of credit derivative for which the issuer of one or several underlying securities is unable to fulfill his financial obligations (as defined in terms and conditions).
Registered Sub-balance: Balance of financial instruments that are registered (in nominee name or in the name of the beneficial owner).
Decrease in Value: Reduction of face value of a single share or the value of fund assets. The number of circulating shares/units remains unchanged. This event may include a cash payout to holders.
Unclassified Sub-balance: Balance of financial instrument that cannot be categorised, that is, is not identified with one of the existing sub-balance types.
Detachment: Separation of components that comprise a security, usually units comprised of warrants and bonds or warrants and equities. Units may be broken up at the request of the security holder or based on market convention.
Pending Corporate Action Receipt: Balance of financial instrument pending receipt following a corporate action.
Bond Default: Failure by the company to perform obligations defined as default events under the bond agreement and that have not been remedied.
Pending Corporate Action Delivery: Balance of financial instrument pending delivery following a corporate action.
Trading Status: Delisted: Security is no longer able to comply with the listing requirements of a stock exchange and is removed from official board quotation.
Pledged Sub-balance: Balance of securities that belong to and is kept in the safekeeping account indicated within this message, and that are pledged, for example, to cover a short call.
Quasi-Issued: Balance for issued financial instrument where legal documentation has not yet been received.
Drawing: Redemption in part before the scheduled final maturity date of a security. Drawing is distinct from partial call since drawn bonds are chosen by lottery and with no reduction in nominal value.
Registration Sub-balance: Balance of financial instruments currently being processed by the institution responsible for registering the new beneficial owner (or nominee).
Cash Distribution From Non-Eligible Securities Sales: Distribution to shareholders of cash resulting from the selling of non-eligible securities, for example, in the frame of a depositary receipt program.
Restricted Sub-balance: Balance of financial instruments that may only be sold under certain conditions or require legal documents.
Dividend Reinvestment: Dividend payment where cash dividend is rolled over into additional shares in the issuing company.
In Street Name Sub-balance: Balance of financial instruments that remain registered in the name of the prior beneficial owner.
Disclosure: Requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer.
Transshipment Sub-balance: Balance of physical securities that are in the process of being transferred from one depository/agent to another.
Dutch Auction: An action by a party wishing to acquire a security. Holders of the security are invited to make an offer to sell, within a specific price range. The acquiring party will buy from the holder with lowest offer.
Unregistered Sub-balance: Balance of financial instruments that could not be registered due to foreign ownership limitation.
Cash Dividend: Distribution of cash to shareholders, in proportion to their equity holding. Ordinary dividends are recurring and regular.
Dividend Option: Distribution of a dividend to shareholders with a choice of benefit to receive. Shareholders may choose to receive shares, cash or both.
Scrip Dividend/Payment: Dividend or interest paid in the form of scrip.
Stock Dividend: Dividend paid to shareholders in the form of equities of the issuing corporation.
Exchange: Exchange of holdings for other securities and/or cash. The exchange can be either mandatory or voluntary involving the exchange of outstanding securities for different securities and/or cash. For example "exchange offer", "capital reorganisation" or "funds separation".
Call on Intermediate Securities: Call or exercise on nil paid securities or intermediate securities resulting from an intermediate securities distribution (RHDI). This code is used for the second event, when an intermediate securities' issue (rights/coupons) is composed of two events, the first event being the distribution of intermediate securities.
Maturity Extension: As stipulated in a bond's Terms and Conditions, the issuer or the bond-holder may prolong the maturity date of a bond. After extension, the security may differ from original issue (new rate or maturity date). May be subject to bondholder's approval.
Warrant Exercise: Option offered to holders to buy (call warrant) or to sell (put warrant) a specific amount of stock, cash, or commodity, at a predetermined price, during a predetermined period of time (which usually corresponds to the life of the issue).
Increase in Value: Increase in the face value of a single security. The number of circulating securities remains unchanged. This event may include a cash payout to holders.
Information: Information provided by the issuer having no accounting/financial impact on the holder.
Interest Payment: Interest payment distributed to holders of an interest bearing asset.
Liquidation Dividend/Liquidation Payment: A distribution of cash, assets or both. Debt may be paid in order of priority based on preferred claims to assets specified by the security.
Full Call/Early Redemption: The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, before final maturity.
Annual General Meeting: Annual general meeting.
Non-Official Offer: Offers that are not supervised or regulated by an official entity and being offered by a party, for example a broker, usually at a discount price, for example broker offer, mini-tender, mini odd lot offer or third party offer.
Odd Lot Sale/Purchase: Sale or purchase of odd-lots to/from the issuing company, initiated either by the holder of the security or through an offer made by the issuer.
Ordinary General Meeting: Ordinary general meeting.
Other Event: Other event.
Pari-Passu: Assimilation.Occurs when securities with different characteristics, for example, shares with different entitlements to dividend or voting rights, become identical in all respects, that is, pari-passu. May be scheduled in advance, for example, shares resulting from a bonus may become fungible after a pre-set period of time, or result from outside events, for example, merger, reorganisation, issue of supplementary tranches, etc.
Partial Redemption With Reduction of Nominal Value: Securities are redeemed in part before their scheduled final maturity date with reduction of the nominal value of the securities. The outstanding amount of securities will be reduced proportionally.
Partial Defeasance/Pre-Funding: Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity.
Pay In Kind: Interest payment, in any kind except cash, distributed to holders of an interest bearing asset.
Place of Incorporation: Changes in the state of incorporation for US companies and changes in the place of incorporation for foreign companies. Where shares need to be registered following the incorporation change, the holder(s) may have to elect the registrar.
Instalment Call: An instalment towards the purchase of equity capital, subject to an agreement between an issuer and a purchaser.
Partial Redemption Without Reduction of Nominal Value: Securities are redeemed in part before their scheduled final maturity date without reduction of the nominal value of the securities. This is commonly done by pool factor reduction.
Interest Payment with Principal: An event which consists of two components, the decrease of the amortized value of a pool factor security and an interest payment.
Priority Issue: Form of open or public offer where, due to a limited amount of securities available, priority is given to existing shareholders.
Final Maturity: The redemption of an entire issue outstanding of securities, for example, bonds, preferred equity, funds, by the issuer or its agent, for example, asset manager, at final maturity.
Redenomination: Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency.
Remarketing Agreement: Purchase and sale of remarketed preferred equities/bonds through the negotiation of interest rate between the issuers and the holders.
Intermediate Securities Distribution: The distribution of intermediate securities that gives the holder the right to take part in a future event.
Rights Issue/Subscription Rights/Rights Offer: Offer to holders of a security to subscribe for additional securities via the distribution of an intermediate security. Both processes are included in the same event.
Shares Premium Dividend: This corporate event pays shareholders an amount in cash issued from the shares premium reserve. It is similar to a dividend but with different tax implications.
Smallest Negotiable Unit: Modification of the smallest negotiable unit of shares in order to obtain a new negotiable unit.
Spin-Off: A distribution of securities issued by another company. The distributed securities may either be of a newly created or of an existing company. For example, spin-off, demerger, unbundling, divestment.
Stock Split/Change in Nominal Value/Subdivision: Increase in a corporation's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are reduced accordingly.
Reverse Stock Split/Change in Nominal Value: Decrease in a company's number of outstanding equities without any change in the shareholder's equity or the aggregate market value at the time of the split. Equity price and nominal value are increased accordingly.
Trading Status: Suspended: Trading in the security has been suspended.
Tender/Acquisition/Takeover/Purchase Offer: An offer made to holders by a third party, requesting them to sell (tender) or exchange their securities.
Tax Reclaim: Event related to tax reclaim activities.
Worthless: Booking out of valueless securities.
Withholding Tax Relief Certification: Certification process for withholding tax reduction or exemption based on the tax status of the holder.
Extraordinary or Special General Meeting: Extraordinary or special general meeting.
