FIX 5.0 : StipulationType <233> field

Type: String

Used In

Description

For Fixed Income. Type of Stipulation. Other types may be used by mutual agreement of the counterparties.

(Note tag # was reserved in FIX 4.1, added in FIX 4.3)

Valid values:

AMT = Alternative Minimum Tax (Y/N)

AUTOREINV = Auto Reinvestment at <rate> or better

BANKQUAL = Bank qualified (Y/N)

BGNCON = Bargain conditions (see StipulationValue <234> for values)

COUPON = Coupon range

CURRENCY = ISO Currency Code

CUSTOMDATE = Custom start/end date

GEOG = Geographics and % range (ex. 234=CA 0-80 [minimum of 80% California assets])

HAIRCUT = Valuation Discount

INSURED = Insured (Y/N)

ISSUE = Year Or Year/Month of Issue (ex. 234=2002/09)

ISSUER = Issuer's ticker

ISSUESIZE = issue size range

LOOKBACK = Lookback Days

LOT = Explicit lot identifier

LOTVAR = Lot Variance (value in percent maximum over- or under-allocation allowed)

MAT = Maturity Year And Month

MATURITY = Maturity range

MAXSUBS = Maximum substitutions (Repo)

MINDNOM = Minimum denomination

MININCR = Minimum increment

MINQTY = Minimum quantity

PAYFREQ = Payment frequency, calendar

PIECES = Number Of Pieces

PMAX = Pools Maximum

PPL = Pools per Lot

PPM = Pools per Million

PPT = Pools per Trade

PRICE = Price Range

PRICEFREQ = Pricing frequency

PROD = Production Year

PROTECT = Call protection

PURPOSE = Purpose

PXSOURCE = Benchmark price source

RATING = Rating source and range

REDEMPTION = Type Of Redemption - values are: NonCallable, Prefunded, EscrowedToMaturity, Putable, Convertible

RESTRICTED = Restricted (Y/N)

SECTOR = Market Sector

SECTYPE = Security Type included or excluded

STRUCT = Structure

SUBSFREQ = Substitutions frequency (Repo)

SUBSLEFT = Substitutions left (Repo)

TEXT = Freeform Text

TRDVAR = Trade Variance (value in percent maximum over- or under-allocation allowed)

WAC = Weighted Average Coupon - value in percent (exact or range) plus "Gross" or "Net" of servicing spread (the default) (ex. 234=6.5-Net [minimum of 6.5% net of servicing fee])

WAL = Weighted Average Life Coupon - value in percent (exact or range)

WALA = Weighted Average Loan Age - value in months (exact or range)

WAM = Weighted Average Maturity - value in months (exact or range)

WHOLE = Whole Pool (Y/N)

YIELD = Yield Range

Prepayment Speeds

ABS = Absolute Prepayment Speed

CPP = Constant Prepayment Penalty

CPR = Constant Prepayment Rate

CPY = Constant Prepayment Yield

HEP = final CPR of Home Equity Prepayment Curve

MHP = Percent of Manufactured Housing Prepayment Curve

MPR = Monthly Prepayment Rate

PPC = Percent of Prospectus Prepayment Curve

PSA = Percent of BMA Prepayment Curve

SMM = Single Monthly Mortality

Used In