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FIXtags

FIX TAG 1933

IRSDirection

StringAdded FIX.5.0SP2 · EP161

Definition

Used to specify whether the principal is paying or receiving the fixed rate in an interest rate swap.

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

FIX 5.0 SP2 FIX Latest · EP309

This tag is not present in the FIX 5.0 SP2 source. There is no definition or value list to compare.

Values 3

ValueMeaning
PAY

Principal is paying fixed rate

RCV

Principal is receiving fixed rate

NA

Swap is float/float or fixed/fixed

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 1

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