Tag 1450
Seniority
Abbreviation:
SnrtyDescription
Specifies which issue (underlying bond) will receive payment priority in the event of a default.
Used to define a CDS instrument.
Wire Format & Usage Example
Single field (key=value)
1450=SD (SeniorSecured)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 1450=SD (SeniorSecured) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1450=SD (SeniorSecured) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
1450=SD | SeniorSecured | Senior Secured |
1450=SR | Senior | Senior |
1450=SB | Subordinated | Subordinated |
Enumerated Values
3| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| SD | SeniorSecured | Senior Secured | FIX.5.0SP1 |
| SR | Senior | Senior | FIX.5.0SP1 |
| SB | Subordinated | Subordinated | FIX.5.0SP1 |
Used in Messages
72BLAdjustedPositionReport7AdvertisementJAllocationInstructionBMAllocationInstructionAlertASAllocationReportAWAssignmentReportAYCollateralAssignmentBBCollateralInquiryBGCollateralInquiryAckBACollateralReportAXCollateralRequestAZCollateralResponseAKConfirmationBOContraryIntentionReporttCrossOrderCancelReplaceRequestuCrossOrderCancelRequestAADerivativeSecurityListBRDerivativeSecurityListUpdateReportQDontKnowTradeCEmailBNExecutionAcknowledgement8ExecutionReport6IOImListStrikePriceXMarketDataIncrementalRefreshVMarketDataRequestWMarketDataSnapshotFullRefreshiMassQuotebMassQuoteAcknowledgementACMultilegOrderCancelReplacesNewOrderCrossENewOrderListABNewOrderMultilegDNewOrderSingleBNewsGOrderCancelReplaceRequestFOrderCancelRequestBZOrderMassActionReportCAOrderMassActionRequestrOrderMassCancelReportqOrderMassCancelRequestAFOrderMassStatusRequestHOrderStatusRequestAMPositionMaintenanceReportALPositionMaintenanceRequestAPPositionReportSQuoteZQuoteCancelRQuoteRequestAGQuoteRequestRejectAJQuoteResponseAIQuoteStatusReportaQuoteStatusRequestAHRFQRequestANRequestForPositionsAORequestForPositionsAckdSecurityDefinitioncSecurityDefinitionRequestBPSecurityDefinitionUpdateReportySecurityListxSecurityListRequestBKSecurityListUpdateReportfSecurityStatuseSecurityStatusRequestBQSettlementObligationReportCDStreamAssignmentReportCCStreamAssignmentRequestAETradeCaptureReportARTradeCaptureReportAckADTradeCaptureReportRequestAQTradeCaptureReportRequestAckhTradingSessionStatus