Create Partial Pre Refunding Panel Options

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

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: European. The system calculates the fractional share entitlement as follows: 1. Divides the position by the divisor, 2. Drops the decimals on the number that is calculated, 3. Multiplies the whole number by the multiplier. Post Fractional Shares. The system posts the fractional share entitlement, calculating the amount to two decimal places. Round Down. The system rounds the fractional share entitlement down to zero decimals. No fractional shares are created. Round Up. The system rounds the fractional share entitlement up to the next whole number. No fractional shares are created. Round to Nearest Whole Share. The system rounds the fractional shares to the nearest number of whole shares. If the calculated entitlement is greater than or equal to 0.50, the system rounds the fractional shares up to the next whole share. If the calculated entitlement is less than or equal to 0.49, the system drops the fractional shares. If you select this option, you see the Rounding Point field.
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: Incomplete. The record is not confirmed to be correct, or is not confirmed. Pending. The record is fully populated and is awaiting release status. Released. The record is complete and is ready for processing. Completed. The record was processed through a global process.
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.