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title: "FIX 5.0 SP2 EP292: LegAdditionalTermBondSeniority <41326> field – FIX Dictionary – Onix Solutions"
description: " "
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# LegAdditionalTermBondSeniority <41326> field
## FIX 5.0 SP2 EP292
### Description
Type: [String](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/index.html#String)
Specifies the bond's payment priority in the event of a default.
Valid values:
- SD = Senior Secured
- SR = Senior
- SB = Subordinated
- JR = Junior
In the context of MiFID II this value is used as identified in RTS 23 Annex I Table 3 Field 23 "Seniority of the bond".
- MZ = Mezzanine
In the context of MiFID II this value is used as identified in RTS 23 Annex I Table 3 Field 23 "Seniority of the bond".
- SN = Senior Non-Preferred
For CDS reference obligations of non-preferred senior debt issued by European Financials that constitute a layer of debt ranking between the bank's normal senior debt but above the bank's normal tier 2 subordinated debt (reference: ISDA Credit Market Infrastructure Group).
### Used In
- [](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_LegAdditionalTermBondRefGrp.html)
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