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FIXtags

FIX TAG 40919

PaymentPriceType

intAdded FIX.5.0SP2 · EP161

Definition

Specifies the type of price for PaymentPrice(40218).

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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 25

ValueMeaning
1

Percentage (i.e. percent of par) (often called "dollar price" for fixed income)

2

Per unit (i.e. per share or contract)

3

Fixed amount (absolute value)

4

Discount - percentage points below par

5

Premium - percentage points over par

6

Spread (basis points spread)

Additional detail from the official source

Usually the difference in yield between two switched bonds or a corporate bond traded spread-to-benchmark.

7

TED Price

8

TED Yield

9

Yield

10

Fixed cabinet trade price (primarily for listed futures and options)

11

Variable cabinet trade price (primarily for listed futures and options)

12

Price spread

Additional detail from the official source

Price spread is expressed based on market convention for the asset being priced or traded. For example, the difference between the prices of a multileg switch or strategy expressed in basis points for a CDS or TBA roll; a price value to be added to a reference price, such as a "pay up" for specified pools

13

Product ticks in halves

14

Product ticks in fourths

15

Product ticks in eighths

16

Product ticks in sixteenths

17

Product ticks in thirty-seconds

18

Product ticks in sixty-fourths

19

Product ticks in one-twenty-eighths

20

Normal rate representation (e.g. FX rate)

21

Inverse rate representation (e.g. FX rate)

22

Basis points

Additional detail from the official source

When the price is not spread based.

23

Up front points

Additional detail from the official source

Used specifically for CDS pricing.

24

Interest rate

Additional detail from the official source

When the price is an interest rate. For example, used with benchmark reference rate.

25

Percentage of notional

About the int data type

Sequence of digits without commas or decimals and optional sign character (ASCII characters "-" and "0" - "9" ). The sign character utilizes one byte (i.e. positive int is "99999" while negative int is "-99999"). Note that int values may contain leading zeros (e.g. "00023" = "23").

Used in messages 4

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