FIX 4.4 : Spread <218> field

Type: PriceOffset

Used In


For Fixed Income. Either Swap Spread <218> or Spread <218> to Benchmark <219> depending upon the order type.

Spread <218> to Benchmark <219>: Basis points relative to a benchmark. To be expressed as "count of basis points" (vs. an absolute value). E.g. High Grade Corporate Bonds may express price as basis points relative to benchmark (the BenchmarkCurveName <221> (22) field). Note: Basis points can be negative.

Swap Spread <218>: Target spread for a swap.

Used In

Onix Solutions