---
title: "FIX 5.0 SP2 EP292: UnderlyingCPProgram <877> field – FIX Dictionary – Onix Solutions"
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# UnderlyingCPProgram <877> field

## FIX 5.0 SP2 EP292

### Description

 Type: [int](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/index.html#int)

 The program under which the underlying commercial paper is issued

Valid values:

- 1 = 3(a)(3)
  
   Arising out of a current transaction with a maturity less than 9 months.
- 2 = 4(2)
  
   Issued not involving any public offering.
- 3 = 3(a)(2)
  
   Issued or guaranteed by the US, state or territorial government.
- 4 = 3(a)(3) & 3(c)(7)
  
   Combination of 3(a)(3) and 3(c)(7).
- 5 = 3(a)(4)
  
   Religious, education, benevolent, fraternal, charitable or reformatory purposes.
- 6 = 3(a)(5)
  
   Issued by an institution supervised by state or federal authority or by an exempt farmer's cooperative.
- 7 = 3(a)(7)
  
   Issued by a receiver or trustee in bankruptcy.
- 8 = 3(c)(7)
  
   Qualified hedge-fund under the Investment Company Act of 1940.
- 99 = Other

### Used In

- [<UnderlyingInstrument>](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_UnderlyingInstrument.html)

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