Data Table for Payment in Kind - Preferred

Payment In Kind – Preferred corporate action messages require Event Type (tag 55) set to PIK for message routing to the correct XML processing rule.

The following table describes the required and optional data fields for Payments In Kind – Preferred.

Tag # – Tag Name

Required/Optional

Data Type

Value/Description of Field

Tag # – Tag Name

Required/Optional

Data Type

Value/Description of Field

1076 – Update Indicator

Required

CHAR

Y/N indicator used within message stream process. Valid values:
Y = Update
N = New Record
B = Both. Check for existing match. If found, update record; else insert.

55 – Event Type

Required

CHAR

Defaults on panel. Used by message stream for identification of the event. Must be PIK. Used for STAR processing.

1197 – Sweep Date

Optional

DATE

Ability to override message stream logic for setting a date. Valid values:
B = Both
G = Gain
L = Loss
N = None

1432 – XReference ID Type

Required

CHAR (30)

Security identifier type (CUSIP, ISIN, SEDOL) – Code Value.

14 – XReference ID

Required

CHAR (100)

Security identifier.

4003 – Original Source

Optional

VARCHAR2 (15)

Original Source of the announcement.

1695 – Client Specific ID

Optional

VARCHAR2 (50)

Client generated ID for corporate action event.

1264 – Pre Action Price

Optional

NUMBER (28,12)

Price pre action.

319 – Post Action Price/Subscription Price

Required

NUMBER (28,12)

Price post action/subscription price.

1728 – Corporate Action Type

Required

VARCHAR2 (50)

PAYMENT IN KIND PREFERRED, PIK.

65 – Ex Date

Required

DATE

Event ex date.

1694 – Record Date

Optional

DATE

Record Date of the event.

1260 – Announcement Date

Optional

DATE

Announcement Date of the event.

1275 – Pay Date

Required

DATE

Pay Date of the event.

54 – Corporate Action Status

Required

VARCHAR2 (2)

Valid values:
RD = Released
PD = Pending
IC = Incomplete

3961 – Corporate Action Sub Priority

Required

INTEGER

Defaults to 1. Priority used if there are multiple events on the same day.

3965 – Treatment of Fractional Shares

Required

VARCHAR2 (3)

How Fractional Shares are to be handled. Valid values:
E = European
N = Post Fractional Shares
D = Round Down
U = Round Up
R = Round to Nearest Whole Share

1734 – Mandatory / Voluntary Indicator

Required

CHAR (2)

Defaults to M. Mandatory or Voluntary event indicator. Valid values:
M = Mandatory
V = Voluntary

1740 – Corporate Action Notes

Optional

VARCHAR2 (255)



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