Seniority <1450> field – FIX 5.0 SP2 – FIX Dictionary

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FIX 5.0 SP2 : Seniority <1450> field
Type: String

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

Valid values:

SD = Senior Secured

SR = Senior

SB = Subordinated

FIX 5.0 SP2 : Seniority <1450> field