NSD’s trade repository messages specifications

Current specification

RateChangeEvent

A rate change is a mid life event where on a given date, the repo rate to apply is changed as a result of a bilateral agreement between the two parties. There is no cash or security movement associated with a rate change. The repo structure allows you to specify repo rates as a schedule, so this type is not strictly required within the repo. We need it for consistency and to allow a discrete event message to declare a rate change on a trade.

FieldTypeDescriptionPrint form titleFFSM titlePropertiesConditions
eventDateIdentifiedDateThe date the event has been recorded.Event date.1-1, mfr
ratexsd:decimalThe new repo rate, in decimal format that will be applicable at the specified event date. 1-1
RateChangeEvent