What is the latest version of reda.003?

The latest version in the ISO 20022 e-Repository release of 24 April 2025 is reda.003.001.03.

What is the root element of reda.003?

The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:reda.003.001.03, and its message element is PricRptCrrctnV03 (PriceReportCorrection).

Is there an MT equivalent of reda.003?

No Swift MT message is listed as its direct equivalent on this site. Many ISO 20022 messages have no MT counterpart.

reda: Reference Data

reda.003 Price Report Correction

Written and maintained by ZagTrader. Last reviewed 21 October 2026. How this page is sourced and checked

reda.003 is the ISO 20022 PriceReportCorrection message in the Reference Data business area (reda). The latest version is reda.003.001.03, and 2 versions are in the repository. It is no longer in the current catalogue of messages.

Message: PriceReportCorrection
Latest version: reda.003.001.03
Submitting organisation: Not read from the catalogue
MT equivalent: None listed

Archived: no version is in the latest or previous version sets.

What reda.003 is for

A report provider, eg, a transfer agent, fund accountant or market data provider, sends the PriceReportCorrection message to the report recipient, eg, a fund management company, transfer agent, market data provider, regulator or any other interested party to correct at least one of the prices for a financial instrument that was reported in a previously sent PriceReport message.
The PriceReportCorrection message is used to correct information reported in a previously sent PriceReport.
If an entire PriceReport message must be corrected, eg, due to an incorrect trade date, it is recommended that a PriceReportCancellation message is used to cancel the entire PriceReport message and a new PriceReport sent.

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

reda.003 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.

Version	Registration status	Published in
reda.003.001.03latest	Registered	Archive
reda.003.001.02	Registered	Archive

reda.003 message structure

The building blocks of reda.003.001.03 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]
- PricRptCrrctnV03 PriceReportCorrection [1..1]
  - MsgId Message Identification [1..1]MessageIdentification1
    Reference that uniquely identifies a message from a business application standpoint.
    - Id Identification [1..1]Max35Text
      Identification of the message.
    - CreDtTm Creation Date Time [1..1]ISODateTime
      Date of creation of the message.
  - PoolRef Pool Reference [0..1]AdditionalReference3
    Collective reference identifying a set of messages.
    - Ref Reference [1..1]Max35Text
      Business reference of a message assigned by the party issuing the message.
    - RefIssr Reference Issuer [0..1]PartyIdentification2Choice (choice)
      Issuer of the reference.
      - BICOrBEI BIC Or BEI [1..1]AnyBICIdentifier
      - PrtryId Proprietary Identification [1..1]GenericIdentification1
      - NmAndAdr Name And Address [1..1]NameAndAddress5
    - MsgNm Message Name [0..1]Max35Text
      Name of a message.
  - PrvsRef Previous Reference [0..1]AdditionalReference3
    Reference to a linked message that was previously sent.
    - Ref Reference [1..1]Max35Text
      Business reference of a message assigned by the party issuing the message.
    - RefIssr Reference Issuer [0..1]PartyIdentification2Choice (choice)
      Issuer of the reference.
      - BICOrBEI BIC Or BEI [1..1]AnyBICIdentifier
      - PrtryId Proprietary Identification [1..1]GenericIdentification1
      - NmAndAdr Name And Address [1..1]NameAndAddress5
    - MsgNm Message Name [0..1]Max35Text
      Name of a message.
  - MsgPgntn Message Pagination [1..1]Pagination
    Pagination of the message.
    - PgNb Page Number [1..1]Max5NumericText
      Page number.
    - LastPgInd Last Page Indicator [1..1]YesNoIndicator
      Indicates the last page.
  - PricCrrctnDtls Price Correction Details [1..*]PriceCorrection3
    Information related to the correction of a price of a financial instrument.
    - PrevslySntPricDtls Previously Sent Price Details [1..1]PriceValuation3
      Information related to the price valuation of a financial instrument sent in a previous price report.
      - Id Identification [1..1]Max35Text
      - ValtnDtTm Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - NAVDtTm NAV Date Time [1..1]DateAndDateTimeChoice (choice)
      - FinInstrmDtls Financial Instrument Details [1..1]FinancialInstrument8
      - FndMgmtCpny Fund Management Company [0..1]PartyIdentification2Choice (choice)
      - TtlNAV Total NAV [0..*]ActiveOrHistoricCurrencyAndAmount
      - TtlUnitsNb Total Units Number [0..1]FinancialInstrumentQuantity1
      - NxtValtnDtTm Next Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - PrvsValtnDtTm Previous Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - ValtnTp Valuation Type [1..1]ValuationTiming1Code
      - ValtnFrqcy Valuation Frequency [0..1]EventFrequency1Code
      - OffclValtnInd Official Valuation Indicator [1..1]YesNoIndicator
      - SspdInd Suspended Indicator [1..1]YesNoIndicator
      - PricDtls Price Details [0..*]UnitPrice15
      - ValtnSttstcs Valuation Statistics [0..*]ValuationStatistics3
      - PrfrmncDtls Performance Details [0..1]PerformanceFactors1
    - CrrctdPricDtls Corrected Price Details [0..1]PriceValuation3
      Information related to the new price valuation of a financial instrument, which overrides previously sent information.
      - Id Identification [1..1]Max35Text
      - ValtnDtTm Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - NAVDtTm NAV Date Time [1..1]DateAndDateTimeChoice (choice)
      - FinInstrmDtls Financial Instrument Details [1..1]FinancialInstrument8
      - FndMgmtCpny Fund Management Company [0..1]PartyIdentification2Choice (choice)
      - TtlNAV Total NAV [0..*]ActiveOrHistoricCurrencyAndAmount
      - TtlUnitsNb Total Units Number [0..1]FinancialInstrumentQuantity1
      - NxtValtnDtTm Next Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - PrvsValtnDtTm Previous Valuation Date Time [0..1]DateAndDateTimeChoice (choice)
      - ValtnTp Valuation Type [1..1]ValuationTiming1Code
      - ValtnFrqcy Valuation Frequency [0..1]EventFrequency1Code
      - OffclValtnInd Official Valuation Indicator [1..1]YesNoIndicator
      - SspdInd Suspended Indicator [1..1]YesNoIndicator
      - PricDtls Price Details [0..*]UnitPrice15
      - ValtnSttstcs Valuation Statistics [0..*]ValuationStatistics3
      - PrfrmncDtls Performance Details [0..1]PerformanceFactors1
    - Xtnsn Extension [0..*]Extension1
      Additional information that cannot be captured in the structured elements and/or any other specific block.
      - PlcAndNm Place And Name [1..1]Max350Text
      - Txt Text [1..1]Max350Text

Have a reda.003 message? Paste it into the parser to see every element with its name and definition, and format checks on BICs, IBANs, dates and amounts.

reda.003 questions

What is the latest version of reda.003?: The latest version in the ISO 20022 e-Repository release of 24 April 2025 is reda.003.001.03.
What is the root element of reda.003?: The XML document is Document with the namespace urn:iso:std:iso:20022:tech:xsd:reda.003.001.03, and its message element is PricRptCrrctnV03 (PriceReportCorrection).
Is there an MT equivalent of reda.003?: 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.