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Purchase Date

Purchase Date​

Acronym: PRD
Identifier: purchaseDate
Group: Notional Principal
Type: Timestamp
Default: ``

Description​

If a contract is bought after initiation (for example a bond on the secondary market) this date has to be set. It refers to the date at which the payment (of PPRD) and transfer of the security happens. In other words, PRD - if set - takes the role otherwise IED has from a cash flow perspective. Note, CPID of the CT is not the counterparty of the transaction!

Allowed Values​

  • ISO8601 Datetime