Seniority (Tag = 1450, Type: String)

Specifies which issue (underlying bond) will receive payment priority in the event of a default.

Used to define a CDS instrument.

The payment priority is this: Senior Secured (SD), Senior (SR), Senior Non-Preferred (SN), Subordinated (SB), Mezzanine (MZ), Junior (JR).

Valid values:
'SD' SeniorSecured
'SR' Senior
'SB' Subordinated
'JR' Junior
'MZ' Mezzanine
'SN' SeniorNonPreferred

Used in: