Currency of Nominal Amount

Field 2.48 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: No>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.48 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: No

Description:
In the case where nominal amount is provided, the currency of the nominal amount shall be populated in this field.

Best Practice:
ESMA Guidelines Reporting under Articles 4 and 12 SFTR: 06 January 2020
Regarding Field 2.46 (Quantity or Nominal Amount), a nominal amount should only be reported for bonds. The nominal amount should be reported in the original currency specified in Field 2.48 (Currency of nominal amount).

Other securities should be reported as a quantity, in which case Field 2.47 (Unit of Measure) has to be populated whereas Field 2.48 (Currency of nominal amount) is left empty. (SFTR-68)