Type: String
Specifies which issue (underlying bond) will receive payment priority in the event of a default.
Used to define a CDS instrument.
Added in protocol FIX.5.0SP1 (83)
See in: FIX.5.0SP2 EP240.
Valid values
| Value | Description | Added |
|---|---|---|
| SB | Subordinated | FIX.5.0SP1 (83) |
| SD | Senior Secured | FIX.5.0SP1 (83) |
| SR | Senior | FIX.5.0SP1 (83) |