Termination Optionality

Field 2.22 | Matching Date: 2023-01-01 | Tolerance: None | Agent Lender Data Provision: No>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.22 | Matching Date: 2023-01-01 | Tolerance: None | Agent Lender Data Provision: No

Description:
A code specifying whether the transaction is an evergreen or extendable SFT.

Best Practice:
This field shall contain only one of the following values:

• "EGRN"

• "ETSB"

• "NOAP"

For fixed term trades which are neither evergreen (EGRN) nor extendable (ETSB) or where an open trade, then apply "NOAP".

Evergreens (EGRN) can be either open or fixed-term SFTs. (SFTR-42)