SWIFT ISO 15022 - Code DTCH
Meanings
- Dutch Auction, Bid Tender: 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.
- 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.
Usages
Message type
Field number
Tag
MT567
(Corporate Action Status and Processing Advice)
(Corporate Action Status and Processing Advice)
4
22F (Indicator: Corporate Action Event Indicator)