VIF5 Code: Very Large Illiquid
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VIF5 means very large illiquid in the ISO 20022 post trade bond code set. Flag for transactions in bonds benefiting from a deferral applicable to transactions of a very large size in a financial instrument for which there is not a liquid market.
- Code
- VIF5
- ISO name
- VeryLargeIlliquid
- Status
- Registered
- Last updated
- 2026-08-28
Official definition
Flag for transactions in bonds benefiting from a deferral applicable to transactions of a very large size in a financial instrument for which there is not a liquid market.
Messages and fields that use ExternalPostTradeBond1Code
| Message | Element path |
|---|---|
| auth.124 | versions 001.01 |
VIF5 questions
- What does VIF5 mean in ISO 20022?
- VIF5 is Very Large Illiquid in the ExternalPostTradeBond1Code code set: Flag for transactions in bonds benefiting from a deferral applicable to transactions of a very large size in a financial instrument for which there is not 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.