Type of provision.
0 | = | Mandatory early termination | Added EP161
| | [MandatoryEarlyTermination] |
1 | = | Optional early termination | Added EP161
| | [OptionalEarlyTermination] |
2 | = | Cancelable | Added EP161
| | [Cancelable] |
3 | = | Extendable The contract can be extended by either party usually with a specific time notice prior to the expiry date. In the context of EU SFTR reporting this corresponds to termination optionality code ETSB . | Added EP161
Updated EP254
| | [Extendable] |
4 | = | Mutual early termination | Added EP208
| | [MutualEarlyTermination] |
5 | = | Evergreen The contract automatically renews after the expiry date until one party gives the other notice to terminate. In the context of EU SFTR reporting this corresponds to termination optionality code EGRN . | Added EP254
| | [Evergreen] |
6 | = | Callable Contract is callable. | Added EP254
| | [Callable] |
7 | = | Puttable Contract is puttable. | Added EP254
| | [Puttable] |