INT Interest

To specify interest rate and type and the applicable time period

Position
Element
Name
Type
Requirement
Min
Max
Repeat
INT-01
Interest Type Code
Identifier (ID)
Mandatory
1
2
-
Code identifying the type of interest
INT01 indicates the type of interest, for example, mortgage note or debenture interest.
INT-02
Interest Rate
Decimal number (R)
Optional
1
6
-
The interest rate as a percentage
INT02 is the interest rate as a percentage.
INT-03
Date Time Period Format Qualifier
Identifier (ID)
Conditional
2
3
-
Code indicating the date format, time format, or date and time format
P0304: If either INT-03 or INT-04 is present, then the other is required
INT03 indicates the range of date format for INT04.
INT-04
Date Time Period
String (AN)
Conditional
1
35
-
Expression of a date, a time, or range of dates, times or dates and times
INT04 indicates the range of dates to which the interest rate applies.
INT-05
Quantity
Decimal number (R)
Optional
1
15
-
Numeric value of quantity
INT05 indicates the number of days represented by the range of dates in INT04.

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