Field Seniority Scenario base
SYNOPSIS:
Specifies which issue (underlying bond) will receive payment priority in the event of a default.
Used to define a CDS instrument.
ELABORATION:
The payment priority is this: Senior Secured (SD), Senior (SR), Senior Non-Preferred (SN), Subordinated (SB), Mezzanine (MZ), Junior (JR).
Pedigree
| Added |
EP |
Updated |
EP |
Deprecated |
EP |
| FIX.5.0SP1 | 83 | FIX.5.0SP2 | 235 | | |