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FIX TAG 1450

Seniority

StringAdded FIX.5.0SP1 · EP83

Definition

Specifies which issue (underlying bond) will receive payment priority in the event of a default. Used to define a CDS instrument.

Compare versions

Differences between the selected source snapshots, including wording and errata; not a migration guide.

FIX 4.4 FIX 5.0 SP2

This tag is not present in the FIX 4.4 source. There is no definition or value list to compare.

Values 3

ValueMeaning
SD

Senior Secured

SR

Senior

SB

Subordinated

About the String data type

Alpha-numeric free format strings, can include any character or punctuation except the delimiter. All String fields are case sensitive (i.e. morstatt != Morstatt).

Used in messages 72

Includes nested components and repeating groups. Open a location to see its surrounding requirements.