Description
Type: int
The source of where to obtain the FX benchmark rate to use for fixing the rate.
The value in this field can be different from RateSource <1446>. For example, "Bloomberg" can be the reference source identified in RateSource <1446>, and FXBenchmark <3073> can be "central bank" - what this says is to use Bloomberg to look up/reference the published central bank rate. Likewise, the BFIX rate for fixing (FXBenchmark <3073>=1 (Bloomberg)) can be sourced from Reuters (RateSource <1446>=1 (Reuters)). If the source for benchmark fixing rate is the same as the reference source (RateSource <1446>), this field, FXBenchmark <3073>, can be omitted.
Valid values:
-
1 = Bloomberg
Also referred to as BFIX.
- 2 = Central Bank
- 3 = WMR
-
4 = Mitsubishi-UFJ
Also referred to as the Tokyo Fix.
-
5 = London Bullion Market Association
Gold and Silver fixes are LBMA rates generated by ICE; Platinum and palladium fixes are LBMA rates generated by LME.
-
6 = London Metal Exchange
Base metal prices come from the LME. LBMA should be used for platinum and palladium even though these are LME rates.
-
99 = Other
An appropriate reference page, ReferencePage <1448>, at the specified RateSource <1446> needs to be specified.