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Mandatory Securities Distribution

Attachment (ATTI1)

SFTR Report - ETRM / NEWT | Corporate Action Cluster - Return and New Trade | Cash Move - N

Description

The combination of different security types to create a unit. Units are usually comprised of warrants and bond or warrants and equity. Securities may be combined at the request of the security holder or based on market convention.

Best Practice

When booking a Attachment the original contract of the loan should be terminated, and a new contract posted. (COAC-71)

Rights Issue (RHTS)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N

Description

Offer to holders of a security to subscribe for additional securities via the distribution of an intermediate security. Both processes are included in the same event.

Best Practice

When booking a Rights Issue, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-70)

Intermediate Securities Distribution (RHDI)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N

Description

The distribution of intermediate securities that gives the holder the right to take part in a future event.

Best Practice

When booking a Intermediate Securities Distribution, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-69)

Pay In Kind (PINK)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N

Description

Interest payment, in any kind except cash, distributed to holders of an interest- bearing asset.

Best Practice

When booking a Pay In Kind, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-68)

Stock Dividend (DVSE)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - Y

Description

Dividend paid to shareholders in the form of equities of the issuing corporation.

Best Practice

When booking a Stock Dividend, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-67)

Attachment (ATaTI2)

SFTR Report - NEWT | Corporate Action Cluster - Addition Sec on Loan | Cash Move - N

Description

The combination of different security types to create a unit. Units are usually comprised of warrants and bond or warrants and equity. Securities may be combined at the request of the security holder or based on market convention.

Best Practice

When booking an Attachment, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-66)

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