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310 UnderlyingSecurityType

Type: String

Underlying security's SecurityType.

Valid values: see SecurityType (167) field

The following applies when used in conjunction with SecurityType (167)=REPO.

Represents the general or specific type of security that underlies a financing agreement.

Valid values for SecurityType (167)=REPO:

TREASURY = Federal government or treasury

PROVINCE = State, province, region, etc.

AGENCY = Federal agency

MORTGAGE = Mortgage passthrough

CP = Commercial paper

CORP = Corporate

EQUITY = Equity

SUPRA = Supra-national agency

CASH

If bonds of a particular issuer or country are wanted in an Order or are in the basket of an Execution and the SecurityType (167) is not granular enough, include the UnderlyingIssuer (306), UnderlyingCountryOfIssue (592), UnderlyingProgram, UnderlyingRegType and/or UnderlyingStipulations block e.g.:

SecurityType (167)=REPO

UnderlyingSecurityType (310)=MORTGAGE

UnderlyingIssuer (306)=GNMA

or

SecurityType (167)=REPO

UnderlyingSecurityType (310)=AGENCY

UnderlyingIssuer (306)=CA Housing Trust

UnderlyingCountryOfIssue (592)=CA

or

SecurityType (167)=REPO

UnderlyingSecurityType (310)=CORP

NoUnderlyingStips (887)=1

UnderlyingStipType (888)=RATING

UnderlyingStipValue (889)=>bbb-