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ExternalTradeTransactionCondition1Code

WIBC Code: Before Auction

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WIBC means before auction in the ISO 20022 trade transaction condition code set. Transaction is before the issue date after announcement of the auction.

Code
WIBC
ISO name
BeforeAuction
Status
Registered
Last updated
2011-08-31

Official definition

Transaction is before the issue date after announcement of the auction.

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

Messages and fields that use ExternalTradeTransactionCondition1Code

MessageElement path
setr.027TradDtls/TradTxCond/Cd
setr.044PtyTradgDtls/TradTxCond/Cd, CtrPtyTradgDtls/TradTxCond/Cd

WIBC questions

What does WIBC mean in ISO 20022?
WIBC is Before Auction in the ExternalTradeTransactionCondition1Code code set: Transaction is before the issue date after announcement of the auction.
Where does WIBC appear in a message?
For example in setr.027, element TradDtls/TradTxCond/Cd.

All ExternalTradeTransactionCondition1Code 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.