In the Create Sink Schedule panel, when you add a corporate action announcement for a sinking fund schedule, 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. |
Maturity Date | 38 | Displays the maturity date of the security. |
Sinking Flag | 1780 | Displays the security's Sink Flag value, which indicates whether the security is eligible for sinking fund payments. This value must be set to Y to add a sink schedule corporate action. |
Accounting Details | ||
Trans Type | 1257 | This hidden field displays the transaction type that the system uses to process the transaction. The PMT transaction type indicates that the transaction is a sinking fund payment. |
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. Options include Mandatory, because the system only processes mandatory sinking funds. The corporate action is required by the issuer and applies to all entities. |
Schedule Details | ||
Schedule Amount | 1700 | Specifies the amount of principal sunk, entered as percentage. |
Corporate Action Type | 1728 | Identifies the business name of the corporate action. The only option availabe is Sink Schedule., which is the corporate action for a sinking fund payment. |
Corporate Action Notes | 1740 | Specifies user-defined information about the corporate action. |
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