RAT Adjustable Rate Description
Opt
AtMax 1
To describe terms of rate adjustment
Elements
| Position | Element | Name | Type | Min/Max | Repeat | ||
|---|---|---|---|---|---|---|---|
Exact 1 | |||||||
| 2 | 380 | Quantity | Mandatory | Decimal | 1/15 | Exact 1 | |
| 3 | 1089 | Index Identity Code | Mandatory | ID | 2/2 | Exact 1 | |
| 4 | 954 | Percent | Mandatory | Decimal | 1/10 | Exact 1 | |
| 5 | 954 | Percent | Mandatory | Decimal | 1/10 | Exact 1 | |
| 6 | 954 | Percent | Mandatory | Decimal | 1/10 | Exact 1 | |
Exact 1 | |||||||
| 8 | 380 | Quantity | Mandatory | Decimal | 1/15 | Exact 1 | |
Exact 1 | |||||||
| 10 | 380 | Quantity | Rel | Decimal | 1/15 | Exact 1 | |
| 11 | 1073 | Yes/No Condition or Response Code | Opt | ID | 1/1 | Exact 1 | |
| 12 | 954 | Percent | Rel | Decimal | 1/10 | Exact 1 | |
| 13 | 954 | Percent | Opt | Decimal | 1/10 | Exact 1 | |
| 14 | 954 | Percent | Rel | Decimal | 1/10 | Exact 1 | |
| 15 | 1072 | Rounding System Code | Rel | ID | 1/1 | Exact 1 | |
| 16 | 1088 | Rate Life Cap Source Code | Opt | ID | 1/1 | Exact 1 | |
| 17 | 954 | Percent | Opt | Decimal | 1/10 | Exact 1 | |
Element Details
ID380
NameQuantity
LengthMin 1 / Max 15
Position2
RequirementMandatory