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ExternalCorporateActionEventType1Code

REDO Code: Redenomination

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REDO means redenomination in the ISO 20022 corporate action event type code set. Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency.

Code
REDO
ISO name
Redenomination
Status
Registered
Last updated
2025-02-28

Official definition

Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency.

Definition from the ISO 20022 External Code Sets, 2Q2026 (published 28 Aug 2026).

Messages and fields that use ExternalCorporateActionEventType1Code

MessageElement path
camt.053Stmt/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd
camt.054Ntfctn/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd
camt.052Rpt/Ntry/NtryDtls/TxDtls/RltdCorpActn/EvtTp/Cd

REDO questions

What does REDO mean in ISO 20022?
REDO is Redenomination in the ExternalCorporateActionEventType1Code code set: Event by which the unit (currency and/or nominal) of a security is restated, for example, nominal/par value of security in a national currency is restated in another currency.
Where does REDO 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.