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ExternalPostTradeBond1Code

LLF3 Code: Large Liquid

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LLF3 means large liquid in the ISO 20022 post trade bond code set. Flag for transactions in bonds benefiting from a deferral applicable to transactions of a large size in a financial instrument for which there is a liquid market.

Code
LLF3
ISO name
LargeLiquid
Status
Registered
Last updated
2026-08-28

Official definition

Flag for transactions in bonds benefiting from a deferral applicable to transactions of a large size in a financial instrument for which there is a liquid market.

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

Messages and fields that use ExternalPostTradeBond1Code

MessageElement path
auth.124versions 001.01

LLF3 questions

What does LLF3 mean in ISO 20022?
LLF3 is Large Liquid in the ExternalPostTradeBond1Code code set: Flag for transactions in bonds benefiting from a deferral applicable to transactions of a large size in a financial instrument for which there is a liquid market.

All ExternalPostTradeBond1Code 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.