Scope - Clearstream

MARKET PRACTICE BOOK - ANNEXES
82
Asset Servicing Checklist B
Final Redemption See MPB flow a+b / e+f in section 4.2.3
Scope: Variable Income Notification: Final Redemption
Event
Proceeds
Asset Servicing Checklist B
Redemption in Cash or Shares See MPB flow b' in section 3.2.2.2
Event
Proceeds
Notification Type: Template to confirm the valuation outcome of the redemption.
Family/ Grouping Field Name Value Application method Definition Priority
Event - Details of the
Event
Scope: Redemption in Cash or Shares - Issuer's option (subject to fixing or valuation)
Notification Type: Template to confirm the valuation outcome of the redemption.
Family/ Grouping Field Name Value Application method Definition Priority
Event - Details of the
Event
Proceeds - Cash
Proceeds
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
CAEV REDM (blank) Corporate action event indicator M
CAOP CASH (blank) CASH: Cash 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
Paying Agent (Principal)
(PPA)
Calculation Agent Contact
Details
Paying Agent (Principal)
Contact Details
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 REDM (blank) Corporate action event indicator M
CAOP CASH (blank) CASH: Indicates final redemption will occur in Cash, following
fixing/valuation
M
CASE (blank) CASE: Cash and Securities - Indicates final redemption settling in
Securities WITH Cash Fractions payable, following fixing/valuation
M
SECU (blank) SECU: Securities - Indicates final redemption will occur in Securities,
WITHOUT Cash Fractions payable, following fixing/valuation
Fixing or Valuation Date [DATE] If there is a fixing or valuation to be actioned,
this field is mandatory
FOREX Rate (blank) If denomination currency differs from payable
currency of underlying security
The date that will be considered to calculate the parameters and
components for calculation of the proceeds amount.
The foreign exchange rate applicable between parent and underlying
securities that must be used to calculate ratio.
Charges/Fees Y, N If Charges/Fees apply Indicator highlighting if charges/fees may be payable in order to receive C
settlement consideration, e.g. SDRT, Registration charges, etc.
Generic Cash Price per
Product Received
[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.
Notification Version [NUMBER] Required in case of amendment/ update to
previous notification
Identification of an update/ amendment to be made on information
received for current payment. Each amendment should be numbered
chronologically.
Agent Reference Free text (blank) Reference used by the agent to track the trade referred to. O
Proceeds - Main
Proceeds Information
Final Maturity Date [DATE] (blank) Planned final repayment date known at the time of issuance. M
Proceeds - Main
Proceeds Ratio
Value Date [DATE] (blank) Date/time at which cash becomes available to the account owner (in a
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.
Payment Currency [CCY] (blank) The ISO currency in which the payment may or must be done, totally or M
partially
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
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
Amount Payable per
Minimum Denomination
[AMOUNT] (blank) (blank) M
Redemption Premium [AMOUNT], [CCY] If premium applies Cash payment (not interest), in addition to principal, at the redemption C
Amount
of a bond; may be subject to different rates of taxation. Expressed as
an amount per denomination.
[%], [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)
Payment Date [DATE] (blank) The date at which entitlements are due to be paid to investors. M
Payment Currency [CCY] If CAOP is CASH or CASE The ISO currency for the payment of the cash proceeds. C
Redemption Price Cash Amount Payable per 1,000 Nominal/per If CAOP is CASH Code used to specify the percentage or price payable per
C
Unit/Cert.
denomination, i.e. at par, above par or below par.
Expressed in % for issues in Nominal form, in Amount for issues in Unit
form.
Proceeds - Security
Proceeds
Proceeds Name Security Name If CAOP = SECU or CASE The name of the securities that represent the proceeds of the exercise. C
Proceeds ISIN [ISIN] If CAOP = SECU or CASE ISIN identification of the securities that represent the proceed of the
exercise.
C
Proceeds Ratio per Ratio per Denomination If CAOP = SECU or CASE The quantity of security proceeds per existing security denomination C
Denomination
(existing security > new security)
Local Market Settlement [BANK, A/C #, SWIFT BIC] (blank) Details of local market settlement agent, i.e. where the securities are O
Details
being delivered from (Bank/Counterparty/BIC code)
Proceeds - Fractions Cash Fractions Amount (per (blank) If disposition of fractions = CINL Cash amount per multiple denomination that corresponds to the C
denomination)
fractional shares
Asset Servicing Checklists “B”: Notification Fields for Predictable Events • May 2010
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