In the Create Underlying Collateral Coupon Reinvestment panel, when you create a corporate action announcement for a buy sellback or sell buyback instrument, you can select various options based on the requirements of your business. Note options may vary according to your selections.
Option | Tag | Description |
|---|---|---|
Lookup Security Information | ||
Client Specific CA ID | 1695 | Specifies the client specific identifier for the corporate action. |
Source Name | 1102 | Specifies the source name for the corporate action. The default value is Eagle PACE. |
Original Source Name | 4003 | Specifies the original source name for the security. |
Asset ID Type | 1432 | Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL. |
Asset ID | 14 | Specifies the primary asset identifier of the security. |
Issue Name | 961 | Specifies the name of the security. The lookup shows securities that have a processing security type (PST) of DBIBSB (Buy Sellback & Sell BuyBack). |
Issue Currency | 1269 | Displays the local currency of the security. |
Coupon | 70 | Displays the rate at which the security accrues interest. It is expressed as an accrual rate. |
Maturity Date | 38 | Displays the date that the security repays all outstanding principal and stops earning interest. |
Notional Amount | 1537 | Displays the par value of the underlying collateral security provided on sell-buyback or buy-sellback trades. |
Accounting Details | ||
Trans Type | 1257 | This hidden field displays the transaction type that the system uses to process the transaction. For example, REINVEST_COLLCPN. |
Sweep Date | 1197 | Specifies the date that the global processes use to extract the corporate action for processing at the global level and apply it to eligible entities/holdings. |
Ex Date | 65 | Specifies the ex-date of the corporate action. The ex-date is the entitlement date of the corporate action. Ex-date is equal to the Trade Date of the corporate action. |
Corporate Action Status | 54 | Indicates if the corporate action is correct and ready for processing. Options include:
|
Corporate Action Sub Priority | 3961 | Determines the order in which to process the corporate action when multiple corporate actions have the same Effective Date. Corporate action priority is from low to high; that is, an event with a corporate action priority of 1 is processed prior to an event with a corporate action priority of 10. The default value is 1. |
Mandatory/Voluntary Indicator | 1734 | Indicates whether the corporate action is mandatory or voluntary. A mandatory corporate action is required by the issuer and applies to all entities. A voluntary corporate action is at the decision of the holder of the securities, or the issuer requires the action but there are different accounting options available to the holder of the security. You must select Mandatory for a Buy Sell Back or Sell Buy Back corporate action. |
Underlying Collateral Coupon Reinvestment Details | ||
Reinvestment Rate | 1001 | FOR FUTURE USE. Specifies the coupon reinvestment interest rate to use in the accrual process. The system uses this rate to process the corporate action. By default, you see the security's coupon rate. |
Corporate Action Type | 1728 | Identifies the business name of the corporate action. Options include:
|
Corporate Action Notes | 1740 | Specifies user-defined information about the corporate action. |