SWIFT ISO15022 Standard
Detail view for message MT506 - Collateral and Exposure Statement
Description of the message MT506
Important!
The user header of the message (block 3) is mandatory and must contain a code in the Validation Flag field 119 ( {3:{119:xxxx}} ) to identify the exposure type or collateral reason.
These codes may be used for routing purposes.
Purpose of the message MT506
Provides the details of the valuation of both the collateral and the exposure
Scope of the message MT506
This message is sent either by the collateral giver, or its collateral manager, to the collateral taker, or its collateral manager, or by the collateral taker, or its collateral manager to the collateral giver, or its collateral manager.
It is used to provide the details of the valuation of both the collateral or the exposure or both.
This message is also used by the taker or the giver to request the cancellation of a previously sent collateral and exposure statement.
This message must not be used to claim collateral but may be used in support of a claim.
The message may also be used to:
- re-send a message previously sent (Subfunction of the message is DUPL)
- provide a third party with a copy of the message for information (Subfunction of the message is COPY)
- re-send to a third party a copy of the message for information (Subfunction of the message is CODU).
Structure of the message MT506
Sequence A - General information [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
1
16R
Start of Block
M
2
28E
Page Number/Continuation Indicator
M
3
20C
Reference
M
4
23G
Function of the Message
M
Sequence A1 - Agreement [ mandatory, repetitive ]
No.
Tag
Option
Name
Status
5
16R
Start of Block
M
6
22F
Indicator: Agreement Indicator
O
7
98A
Date: Agreement Date
O
8
13B
Number: Agreement Version Number
O
9
70C
Narrative: Agreement Narrative
C
10
16S
End of Block
M
11
98a
A
Date/Time: Preparation Date/Time
O
C
E
12
22a
F
Indicator: Exposure Type Indicator
M
H
13
95a
P
Party
M
Q
R
14
70C
Narrative: Party Narrative
O
Sequence A2 - Linkages [ optional, repetitive ]
No.
Tag
Option
Name
Status
15
16R
Start of Block
M
16
13a
A
Number Identification: Linked Message
O
B
17
20C
Reference
M
18
16S
End of Block
M
19
16S
End of Block
M
Sequence B - Summary [ mandatory, nonrepetitive ]
No.
Tag
Option
Name
Status
20
16R
Start of Block
M
21
95a
P
Party: Exposed Party
M
Q
R
22
19B
Amount
M
23
98a
A
Date/Time
M
C
Sequence B1 - Summary Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
24
16R
Start of Block
M
25
19B
Amount
O
26
16S
End of Block
M
27
16S
End of Block
M
28
16R
Start of Block
M
29
20C
Reference
O
30
22a
F
Indicator: Exposure Type Indicator
M
H
31
98A
Date: Trade Date
O
32
95a
P
Party
O
Q
R
33
19A
Amount
M
34
99A
Number Count: Number of Days Accrued
O
35
22F
Indicator: Method of Interest Computation Indicator
O
36
92a
A
Rate
M
B
37
70D
Narrative: Exposure Narrative
O
Sequence C1 - Securities Valuation Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
38
16R
Start of Block
M
39
19B
Amount: Market Price Amount
M
40
35B
Identification of the Financial Instrument
M
41
36B
Quantity of Financial Instrument: Quantity of Securities Valued
M
42
92A
Rate: Securities Haircut
M
43
16S
End of Block
M
Sequence C2 - Treasury Valuation Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
44
16R
Start of Block
M
45
98A
Date
M
46
19B
Amount
O
47
70C
Narrative: Commodity Index Narrative
O
48
12B
Type of Financial Instrument: Option Type
O
49
90a
A
Price: Exercise Price
O
B
50
16S
End of Block
M
Sequence C3 - Repo Valuation Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
51
16R
Start of Block
M
52
98A
Date
M
53
19B
Amount
M
54
92A
Rate: Repurchase Rate
M
55
16S
End of Block
M
56
16S
End of Block
M
Sequence D - Collateral Details [ optional, repetitive ]
No.
Tag
Option
Name
Status
57
16R
Start of Block
M
58
20C
Reference: Collateral Reference
M
59
22H
Indicator: Collateral Type Indicator
M
60
25D
Status: Settlement Status
O
61
19B
Amount
M
62
99A
Number Count: Number of Days Accrued
O
63
22F
Indicator: Method of Interest Computation Indicator
O
64
92a
A
Rate
M
B
Sequence D1 - Securities Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
65
16R
Start of Block
M
66
19B
Amount: Market Price Amount
M
67
35B
Identification of the Financial Instrument
M
68
36B
Quantity of Financial Instrument: Quantity of Securities Collateral
M
69
92A
Rate: Securities Haircut
M
70
98A
Date: Expiry Date
O
71
94B
Place
O
72
70C
Narrative: Rating Narrative
C
73
16S
End of Block
M
Sequence D2 - Cash Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
74
16R
Start of Block
M
75
19B
Amount: Deposit Amount
M
76
22H
Indicator: Type of Deposit Indicator
M
77
98A
Date: Maturity Date
C
78
16S
End of Block
M
Sequence D3 - Other Collateral Details [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
79
16R
Start of Block
M
80
22H
Indicator: Type of Other Collateral Indicator
M
81
98a
A
Date/Time
M
B
82
95a
P
Party: Issuer
M
Q
R
83
19B
Amount
M
84
16S
End of Block
M
85
16S
End of Block
M
Sequence E - Additional Information [ optional, nonrepetitive ]
No.
Tag
Option
Name
Status
86
16R
Start of Block
M
87
95a
P
Party
O
Q
R
88
19A
Amount
O
89
16S
End of Block
M