Component SpreadOrBenchmarkCurveData Scenario base

SYNOPSIS: The SpreadOrBenchmarkCurveData component block is primarily used for Fixed Income to convey spread to a benchmark security or curve.
ELABORATION:

ID Abbr
1018SprdBnchmkCurve

Pedigree

Added EP Updated EP Deprecated EP
FIX.4.3

Members

ID Name Abbr Presence Description
218SpreadSpread optional SYNOPSIS: For Fixed Income. Either Swap Spread or Spread to Benchmark depending upon the order type. Spread to Benchmark: Basis points relative to a benchmark. To be expressed as "count of basis points" (vs. an absolute value). E.g. High Grade Corporate Bonds may express price as basis points relative to benchmark (the BenchmarkCurveName (22) field). Note: Basis points can be negative. Swap Spread: Target spread for a swap.
220BenchmarkCurveCurrencyCcy optional SYNOPSIS: Identifies currency used for benchmark curve. See "Appendix 6-A: Valid Currency Codes" for information on obtaining valid values. (Note tag # was reserved in FIX 4.1, added in FIX 4.3)
221BenchmarkCurveNameName optional SYNOPSIS: Name of benchmark curve. (Note tag # was reserved in FIX 4.1, added in FIX 4.3)
222BenchmarkCurvePointPoint optional SYNOPSIS: Point on benchmark curve. Free form values: e.g. "Y", "7Y", "INTERPOLATED". Sample values: M = combination of a number between 1-12 and a "M" for month Y = combination of number between 1-100 and a "Y" for year} 10Y-OLD = see above, then add "-OLD" when appropriate INTERPOLATED = the point is mathematically derived 2/2031 5 3/8 = the point is stated via a combination of maturity month / year and coupon See Fixed Income-specific documentation at http://www.fixtradingcommunity.org for additional values. (Note tag # was reserved in FIX 4.1, added in FIX 4.3)
662BenchmarkPricePx optional SYNOPSIS: Specifies the price of the benchmark.
663BenchmarkPriceTypePxTyp optional SYNOPSIS: Identifies type of BenchmarkPrice (662). See PriceType (423) for valid values.
699BenchmarkSecurityIDSecID optional SYNOPSIS: The identifier of the benchmark security, e.g. Treasury against Corporate bond. See SecurityID (tag 48) for description and valid values.
761BenchmarkSecurityIDSourceSecIDSrc optional SYNOPSIS: Identifies class or source of the BenchmarkSecurityID (699) value. Required if BenchmarkSecurityID is specified. Same values as the SecurityIDSource (22) field