In the Create Partial Pre Refunding panel, when you add a corporate action announcement for a partial prerefund, 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. |
From Asset ID Type | 1432 | Specifies the primary asset identifier type for the From security, such as CUSIP, ISIN, and SEDOL. |
From Asset ID | 14 | Specifies the primary asset identifier of the From security. |
From Issue Name | 961 | Specifies the name of the From security. |
Maturity Date | 38 | Displays the maturity date of the From security. |
From Issue Currency | 3962 | Displays the local currency of the From security. |
Pre Action Price | 1264 | Specifies the pre action price for the From security. This price is used in the Fair Market Value report. Typically, this price is the close price or last traded price. |
Accounting Details | ||
Trans Type | 1257 | This hidden field displays the transaction type that the system uses to process the transaction. For example, TRANSLOTS. |
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. |
Prerefundede 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. |
Prerefunded Percentage | 1261 | Specifies the percentage to allocate to the unrefunded bond. For example, if you enter .900000, the system allocates 90% to the unrefunded bond and allocates 10% to the prerefunded bond. The system allocates adjusted cost and accrued interest from the From security proportionately between the Unrefunded and Prerefunded securities. |
Treatment of Fractional Shares | 3965 | Specifies how the system treats fractional shares for the corporate action. A fractional share is less than a single share of stock. Options include:
|
Rounding Point. | 8028 | Identifies the rounding point used if you round fractional shares to the nearest number of whole shares |
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. For partial prerefunds, there is only an option of Mandatory.: |
Rate Information | ||
Un/Pre Funded Asset ID Type | 1103 | Specifies the primary asset identifier type for the To security, such as CUSIP, ISIN, and SEDOL. You can identify two To securities in the panel's lower pane as the Prerefunded and Unrefunded securities. |
Un/Pre Funded Asset ID | 1348 | Specifies the asset ID of the To security. |
Un/Pre Funded Issue Name | 1141 | Specifies the name of the To security. |
Maturity Date | 337 | Displays the maturity date of the To security. |
Post Action Price | 319 | Captures the open or first traded price of the new security. The value in this field is used in the cost allocation percentage calculation when multiple legs of a corporate action are present. |
Corporate Action Type | 1728 | Identifies the business name for the corporate action. Options include Partial Prerefund. |
Corporate Action Notes | 1740 | Specifies user-defined information about the corporate action. |
0 Comments