The ProvisionGrp is a repeating subcomponent of the Instrument component used to detail the additional terms and conditions associated with the instrument.
A swap may have one or more provisions defined.
Used in :
| Tag | Field Name | FIXML | Req'd | Comments | |||
|---|---|---|---|---|---|---|---|
| 40090 | NoProvisions | Prov | N |
Number of provisions in the repeating group. |
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| => | 40091 | ProvisionType | @Typ | C |
Required if NoProvisions(40090) > 0. |
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| => | 40092 | ProvisionDateUnadjusted | @DtUnadj | N |
The unadjusted date of the provision. |
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| => | 40093 | ProvisionDateBusinessDayConvention | @BizDayCnvtn | N |
When specified, this overrides the business day convention defined in the DateAdjustment component in Instrument. The specified value would be specific to this instance of the instrument provisions. |
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| => | <ProvisionDateBusinessCenterGrp> | N |
When specified, this overrides the business centers defined in the DateAdjustment component in Instrument. The specified values would be specific to this instance of the instrument provisions. |
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| => | 40095 | ProvisionDateAdjusted | @Dt | N |
The adjusted date of the provision. |
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| => | 40096 | ProvisionDateTenorPeriod | @TenorPeriod | N |
Conditionally required when ProvisionDateTenorUnit(40097) is specified. |
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| => | 40097 | ProvisionDateTenorUnit | @TenorUnit | N |
Conditionally required when ProvisionDateTenorPeriod(40096) is specified. |
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| => | 42707 | ProvisionBreakFeeElection | @BrkFeeElctn | N |
Type of fee elected for the break provision. |
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| => | 42708 | ProvisionBreakFeeRate | @BrkFeeRt | N |
Break fee election rate when the break fee is proportional to the notional. A fee rate of 5% would be represented as "0.05". |
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| => | 40098 | ProvisionCalculationAgent | @CalcAgent | N |
Used to identify the calculation agent. The calculation agent may be identified in ProvisionCalculationAgent(40098) or in the ProvisionParties component. |
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| => | 40099 | ProvisionOptionSinglePartyBuyerSide | @BuyerSide | N |
If optional early termination is not available to both parties then this component identifies the buyer of the option through its side of the trade. |
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| => | 40100 | ProvisionOptionSinglePartySellerSide | @SellerSide | N |
If optional early termination is not available to both parties then this component identifies the seller of the option through its side of the trade. |
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| => | <ProvisionCashSettlValueDates> | N | |||||
| => | <ProvisionOptionExerciseDates> | N | |||||
| => | <ProvisionOptionExpirationDate> | N | |||||
| => | <ProvisionOptionRelevantUnderlyingDate> | N | |||||
| => | 40101 | ProvisionOptionExerciseStyle | @ExerStyle | N |
The instrument provision option’s exercise style. |
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| => | 40102 | ProvisionOptionExerciseMultipleNotional | @MultplNotl | N |
A notional amount which restricts the amount of notional that can be exercised when partial exercise or multiple exercise is applicable. The integral multiple amount defines a lower limit of notional that can be exercised and also defines a unit multiple of notional that can be exercised, i.e. only integer multiples of this amount can be exercised. |
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| => | 40103 | ProvisionOptionExerciseMinimumNotional | @MinNotl | N |
The minimum notional amount that can be exercised on a given exercise date. |
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| => | 40104 | ProvisionOptionExerciseMaximumNotional | @MaxNotl | N |
The maximum notional amount that can be exercised on a given exercise date. |
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| => | 40105 | ProvisionOptionMinimumNumber | @MinNum | N |
The minimum number of options that can be exercised on a given exercise date. |
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| => | 40106 | ProvisionOptionMaximumNumber | @MaxNum | N |
The maximum number of options that can be exercised on a given exercise date. If the number is not specified, it means that the maximum number of options corresponds to the remaining unexercised options. |
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| => | 40107 | ProvisionOptionExerciseConfirmation | @ExerCnfm | N |
Used to indicate whether follow-up confirmation of exercise (written or electronic) is required following telephonic notice by the buyer to the seller or seller's agent. |
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| => | <ProvisionCashSettlPaymentDates> | N | |||||
| => | 40108 | ProvisionCashSettlMethod | @SettlMeth | N |
An ISDA defined cash settlement method used for the determination of the applicable cash settlement amount. The method is defined in the 2006 ISDA Definitions, Section 18.3. Cash Settlement Methods, paragraph (e). |
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| => | 40109 | ProvisionCashSettlCurrency | @SettlCcy | N |
Specifies the currency of settlement. Uses ISO 4217 currency codes. |
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| => | 40110 | ProvisionCashSettlCurrency2 | @SettlCcy2 | N |
Specifies the currency of settlement for a cross-currency provision. Uses ISO 4217 currency codes. |
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| => | 40111 | ProvisionCashSettlQuoteType | @SettlQteTyp | N |
Identifies the type of quote to be used. |
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| => | <ProvisionCashSettlQuoteSource> | N | |||||
| => | 40113 | ProvisionText | @Txt | N |
Free form text to specify additional information or enumeration description when a standard value does not apply. |
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| => | 40986 | EncodedProvisionTextLen | @EncTxtLen | N |
Must be set if EncodedProvisionText(40987) field is specified and must immediately precede it. |
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| => | 40987 | EncodedProvisionText | @EncTxt | N |
Encoded (non-ASCII characters) representation of the ProvisionText(40113) field in the encoded format specified via the MessageEncoding(347) field. |
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| => | <ProvisionParties> | N | |||||
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