Description

Type: int

Type of provisions.

Valid values:

  • 0 = Mandatory early termination
  • 1 = Optional early termination
  • 2 = Cancelable
  • 3 = Extendable

    The contract can be extended by either party usually with a specific time notice prior to the expiry date. In the context of EU SFTR reporting this corresponds to "termination optionality" code "ETSB".

  • 4 = Mutual early termination
  • 5 = Evergreen

    The contract automatically renews after the expiry date until one party gives the other notice to terminate. In the context of EU SFTR reporting this corresponds to "termination optionality" code "EGRN".

  • 6 = Callable

    Contract is callable.

  • 7 = Puttable

    Contract is puttable.

Used In