ExternalCorporateActionEventType1Code
PDEF Code: Prefunding
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PDEF means prefunding in the ISO 20022 corporate action event type code set. Also called partial defeasance. Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity.
- Code
- PDEF
- ISO name
- Prefunding
- Status
- Registered
- Last updated
- 2025-02-28
Official definition
Also called partial defeasance. Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity.
Messages and fields that use ExternalCorporateActionEventType1Code
PDEF questions
- What does PDEF mean in ISO 20022?
- PDEF is Prefunding in the ExternalCorporateActionEventType1Code code set: Also called partial defeasance. Issuer has money set aside to redeem a portion of an issue and the indenture states that the securities could be called earlier than the stated maturity.
- Where does PDEF appear in a message?
- For example in camt.052, element Rpt/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd.
All ExternalCorporateActionEventType1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.