Scope - Clearstream

MARKET PRACTICE BOOK - ANNEXES
Annex 6B: Asset Servicing Checklists “B”: Notification Fields for Predictable Events
80
Asset Servicing Checklist B
Conversion Option See MPB flow a' in section 3.2.2.1
Event
Proceeds Instruct
Scope: Conversions into shares, including issuers option to pay cash instead of shares
Notification Type:Template to confirm the final deadline to instruct for the conversion option before final maturity.
Family/ Grouping Field Name Value Application method Definition Priority
Event - Details of the
Event
Instruction - Details
related to Inx
Proceeds - Main
Proceeds Ratio
ISIN [ISIN] (blank) A 12-digit security identification code comprised of a 2-digit ISO 3166
country code, a 9-digit national number (e.g. cusip) and a 1-digit 'check
number'.
M
Security Name (blank) (blank) Description of the financial instrument as provided by the agent. M
CAOP SECU (blank) SECU: Securities M
CAEV CONV (blank) Corporate action event indicator M
Contact Name Name at local settlement agent/market entity (blank) General:
The details (name, e-mail address and/or telephone number) at the
agent in case further clarifications are required.
O
Name at original executing Agent entity (blank) General:
The details (name, e-mail address and/or telephone number) at the
agent in case further clarifications are required.
M
Period of Action [DATES] (from - to) specific to event (blank) Period (Date and Time) during which the specified option or all options M
of the CA event remain valid.
Agent Deadline (Final) [DATE], [TIME], [TIMEZONE] See ISMAG Recommendation on Agent
Deadlines in "CA Processing".
Last day/time in the location of the Agent by when the Agent will accept M
instructions about a given CA event
Conversion Ratio [SHS] : [NOM] (blank) Number of shares to be received per nominal value of bond presented
for conversion , e.g. Nominal of bond * (FX rate) / price per share
Conversion Price [CCY], [PRICE] (blank) Price of one underlying security to be used in the formula to calculate
the number of proceeds to be received
FOREX Rate (blank) If denomination currency differs from payable
currency of underlying security
The foreign exchange rate applicable between parent and underlying
securities that must be used to calculate ratio.
Fixing or Valuation Method Ratio, Formula If a fixing or valuation is required Method by which the proceeds ratio will be calculated C
Asset Servicing Checklist B
Exercise of Warrants See MPB flow a' in section 3.2.2.1
Scope: Warrants expiring into cash. Notification template required to announce the valuation/proceeds per warrant in the case of an automatic exercise
Instructio Event
Proceeds
Notification Type: Template to confirm the valuation / proceeds per warrant.
Family/ Grouping Field Name Value Application method Definition Priority
Event - Details of the
Event
Instruction - Details
related to Inx
ISIN [ISIN] (blank) A 12-digit security identification code comprised of a 2-digit ISO 3166
country code, a 9-digit national number (e.g. cusip) and a 1-digit 'check
number'.
M
Security Name (blank) (blank) Description of the financial instrument as provided by the agent. M
Contact Name Name at local settlement agent/market entity (blank) General:
The details (name, e-mail address and/or telephone number) at the
agent in case further clarifications are required.
O
Name at original executing Agent entity (blank) General:
The details (name, e-mail address and/or telephone number) at the
agent in case further clarifications are required.
M
CAEV EXWA (blank) Corporate action event indicator M
CAOP CASH (blank) CASH: Cash M
CAMV VOLU Required in ISO message Defines "Voluntary" Event: instructions from security holder required C
Period of Action [DATES] (from - to) specific to event If American or Asian style warrants Period (Date and Time) during which the specified option or all options C
of the CA event remain valid.
Proceeds - Main Expected Settlement Date [DATE] (blank) Date on which settlement of proceeds is expected, or in case of M
Proceeds Information
continuous processing, the number of business days between the
instruction and the settlement of securities or payment
Payment Currency [CCY] If CAOP is CASH or CASE The ISO currency for the payment of the cash proceeds. C
Proceeds - Main
Proceeds Ratio
Redemption Price [%], [AMOUNT] (blank) Code used to specify the percentage or price payable per
denomination, i.e. at par, above par or below par.
Expressed in % for issues in Nominal form, in Amount for issues in Unit
form.
M
Fixing or Valuation Date [DATE] (blank) The date that will be considered to calculate the parameters and
components for calculation of the proceeds amount.
M
Fixing or Valuation Method Ratio, Formula If a fixing or valuation is required Method by which the proceeds ratio will be calculated C
Generic Cash Price per
Product Received
[%], [AMOUNT] If Pool Factor (Amortisation) previously paid Generic cash price received per denomination by the underlying
security holder either as a percentage or an amount, depending on the
trading method, taking the pool factor into consideration.
C
(e.g. Redemption Price x Pool Factor= Generic Cash Price per Product C
Received)
FOREX Rate (blank) If denomination currency differs from payable
currency of underlying security
The foreign exchange rate applicable between parent and underlying
securities that must be used to calculate ratio.
Interest
Scope: Variable Income Notification: Coupon
Notification Type: Template to confirm the valuation outcome of the rate.
Asset Servicing Checklist B
See MPB flow a+b / e+f in section 4.2.3
Family/ Grouping Field Name Value Application method Definition Priority
Event - Details of the CAEV
Event
INTR (blank) Corporate action event indicator M
CAOP CASH (blank) CASH: Cash M
Security Name (blank) (blank) Description of the financial instrument as provided by the agent. M
ISIN [ISIN] (blank) A 12-digit security identification code comprised of a 2-digit ISO 3166
country code, a 9-digit national number (e.g. cusip) and a 1-digit 'check
number'.
M
Calculation Agent [NAME], [CITY LOCATION] (blank) An agent appointed by the issuer to process and disseminate coupon
rate fixing or redemption information and to determine the amount
payable under a security.
M
Proceeds Event
Paying Agent (Principal)
(PPA)
Calculation Agent Contact
Details
Paying Agent (Principal)
Contact Details
[NAME], [CITY LOCATION] (blank) An agent appointed by the issuer to process the cash payments to be M
made by the issuer (collection of coupon, redemption or other monies)
related to a security.
Free text (blank) Contains the details (name, e-mail address and/ or telephone number) M
of the sender at the agent in case further clarifications are required.
Free text (blank) Contains the details (name, e-mail address and/or telephone number)
of sender at the agent in case further clarifications are required.
Agent Reference Free text (blank) Reference used by the agent to track the trade referred to. O
Notification Version [NUMBER] Required in case of amendment/ update to Identification of an update/ amendment to be made on information C
previous notification
received for current payment. Each amendment should be numbered
chronologically.
Proceeds - Main Value Date [DATE] (blank) Date/time at which cash becomes available to the account owner (in a M
Proceeds Information
credit entry), or cease to be available to the account owner (in a debit
entry). It is the effective payment date as adjusted in case the
scheduled date falls on a non business day.
Proceeds - Main
Proceeds Ratio
Payment Currency [CCY] (blank) The ISO currency in which the payment may or must be done, totally or M
partially
Period of Entitlement [DATE] (from - to) specific to event (blank) Period used for the calculation of the income entitlement (dates from
and to).
M
Number of Days in the
Period
[NUMBER] (blank) It indicates the number of days that has to be taken into account for the M
calculation of interest.
Previous Pool Factor [%] Required if partial redemption occurred Factor used to calculate the value of the outstanding principal of the
financial instrument (for factored securities) until the next redemption
(factor) date.
C
Determination Date [DATE] Required if Category 1 sec. and if available for The date on which the payable amount will be determined by combining C
Category 2 sec. (see MPB)
the elements mathematically calculated on fixing date and the last
elements of the formula (it may or may not coincide with the fixing
date). It is often quite close to payment date.
Total Outstanding Amount [AMOUNT] or [QUANTITY] (blank) Total original amount or quantity of units taken into consideration for
the payment
O
Total Cash Amount Payable [AMOUNT] (blank) Total amount of cash to be paid by the issuer for this event based on
the total outstanding amount.
O
Formula / Additional Details Free text (blank) Details of formula used for the income calculations (including
observation periods, margin %, index,…) or any details related to the
payment.
O
Fixing or Valuation Date [DATE] (blank) The date that will be considered to calculate the parameters and
components for calculation of the proceeds amount.
M
Amount Payable per
Minimum Denomination
[AMOUNT] (blank) (blank) M
Interest Rate [%] Required if Category 1 sec. and if available for Annual rate of a financial instrument
Category 2 sec. (see MPB)
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