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colr: Collateral Management

colr.008 Collateral Proposal Response

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colr.008 is the ISO 20022 CollateralProposalResponse message in the Collateral Management business area (colr). The latest version is colr.008.001.06, and 4 versions are in the repository.

Message
CollateralProposalResponse
Latest version
colr.008.001.06
Submitting organisation
Swift, FPL, ISDA/FpML, ISITC
MT equivalent
None listed

In use: published in the current ISO 20022 catalogue.

What colr.008 is for

The CollateralProposalResponse message is sent by the collateral taker or its collateral manager to the collateral giver or its collateral manager to either accept or reject the collateral which has been proposed for the margin call. This message applies to both initial and counter proposals. If the collateral proposal is rejected then a new collateral proposal must be made.

The message definition is intended for use with the ISO20022 Business Application Header.

The CollateralProposalResponse message can be sent in response to a previously received CollateralProposal message in order to accept or reject the collateral that has been proposed to cover the margin call.

Definition from the ISO 20022 e-Repository, release of 24 April 2025.

colr.008 versions

Every version published in the e-Repository, newest first. A message keeps its business purpose across versions; each new version is a separate schema with its own namespace.

VersionRegistration statusPublished in
colr.008.001.06latestRegisteredLatest version set
colr.008.001.05RegisteredPrevious version set
colr.008.001.04RegisteredArchive
colr.008.001.03RegisteredArchive

colr.008 message structure

The building blocks of colr.008.001.06 to three levels, with multiplicity ([0..1] optional, [1..1] mandatory, * any number) and the data type or component. Element names and definitions are from the ISO 20022 repository; usage guidelines such as CBPR+ or a market infrastructure's rules can restrict them further.

  • Document [1..1]
    • CollPrpslRspn CollateralProposalResponse [1..1]
      • TxId Transaction Identification [1..1]Max35Text

        Unambiguous identification of the transaction as know by the instructing party.

      • Oblgtn Obligation [1..1]Obligation9

        Provides information like the identification of the party or parties associated with the collateral agreement, the exposure type and the valuation date.

        • PtyA Party A [1..1]PartyIdentification178Choice (choice)

          Defines one of the entities associated with the collateral agreement.

          • AnyBIC Any BIC [1..1]AnyBICDec2014Identifier
          • PrtryId Proprietary Identification [1..1]GenericIdentification36
          • NmAndAdr Name And Address [1..1]NameAndAddress6
        • SvcgPtyA Servicing Party A [0..1]PartyIdentification178Choice (choice)

          Specifies the party that is acting on behalf of party A and that offers collateral management services.

          • AnyBIC Any BIC [1..1]AnyBICDec2014Identifier
          • PrtryId Proprietary Identification [1..1]GenericIdentification36
          • NmAndAdr Name And Address [1..1]NameAndAddress6
        • PtyB Party B [1..1]PartyIdentification178Choice (choice)

          Defines the other entity associated with the collateral agreement.

          • AnyBIC Any BIC [1..1]AnyBICDec2014Identifier
          • PrtryId Proprietary Identification [1..1]GenericIdentification36
          • NmAndAdr Name And Address [1..1]NameAndAddress6
        • SvcgPtyB Servicing Party B [0..1]PartyIdentification178Choice (choice)

          Specifies the party that is acting on behalf of party B and that offers collateral management services.

          • AnyBIC Any BIC [1..1]AnyBICDec2014Identifier
          • PrtryId Proprietary Identification [1..1]GenericIdentification36
          • NmAndAdr Name And Address [1..1]NameAndAddress6
        • CollAcctId Collateral Account Identification [0..1]CollateralAccount3

          Provides additional information on the collateral account of the party delivering/receiving the collateral.

          • Id Identification [1..1]Max35Text
          • Tp Type [0..1]CollateralAccountIdentificationType3Choice (choice)
          • Nm Name [0..1]Max70Text
        • BlckChainAdrOrWllt Block Chain Address Or Wallet [0..1]BlockChainAddressWallet5

          Blockchain address or wallet where digital assets are maintained.

          • Id Identification [1..1]Max140Text
          • Tp Type [0..1]CollateralAccountIdentificationType3Choice (choice)
          • Nm Name [0..1]Max70Text
        • XpsrTp Exposure Type [0..1]ExposureType11Code

          Specifies the underlying business area or type of trade causing the collateral movement.

        • ValtnDt Valuation Date [1..1]DateAndDateTime2Choice (choice)

          Indicates the close of business date on which the initiating party is valuing the margin call.

          • Dt Date [1..1]ISODate
          • DtTm Date Time [1..1]ISODateTime
      • PrpslRspn Proposal Response [1..1]CollateralProposalResponse4Choice (choice)

        Details the response to the collateral which has been proposed for the margin call.

        • CollPrpsl Collateral Proposal [1..1]CollateralProposalResponse4

          Provides the collateral proposal response for the variation margin and optionally the segregated independent amount.

          • VartnMrgn Variation Margin [1..1]CollateralProposalResponseType4
          • SgrtdIndpdntAmt Segregated Independent Amount [0..1]CollateralProposalResponseType4
        • SgrtdIndpdntAmt Segregated Independent Amount [1..1]CollateralProposalResponseType4

          Provides the collateral proposal response for the segregated independent amount only.

          • CollPrpslId Collateral Proposal Identification [1..1]Max35Text
          • Tp Type [1..1]CollateralProposalResponse1Code
          • Rspn Response [1..1]CollateralResponse3
      • SplmtryData Supplementary Data [0..*]SupplementaryData1

        Additional information that can not be captured in the structured fields and/or any other specific block.

        • PlcAndNm Place And Name [0..1]Max350Text

          Unambiguous reference to the location where the supplementary data must be inserted in the message instance.

        • Envlp Envelope [1..1]SupplementaryDataEnvelope1

          Technical element wrapping the supplementary data.

Have a colr.008 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

External code sets used in colr.008

These elements take their values from ISO 20022 external code sets, which are published separately and updated every quarter without a new message version.

colr.008 questions

What is the latest version of colr.008?
The latest version in the ISO 20022 e-Repository release of 24 April 2025 is colr.008.001.06.
What is the root element of colr.008?
The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:colr.008.001.06, and its message element is CollPrpslRspn (CollateralProposalResponse).
Is there an MT equivalent of colr.008?
No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

All ISO 20022 messages · ISO 20022 code sets · MT messages

The ISO 20022 message definitions, element 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.