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EDI Blog

Clarence Cotnoir 12/16/2021

(ASC X12) 1549 Convertibility Rate Type Code

TYPE=ID MIN=1 MAX=2

Code indicating the type of rate used in a convertibility option

Codes

1 Adjustable to Fixed
2 Adjustable to Adjustable
3 Balloon to Adjustable
4 Balloon to Fixed
5 Fixed to Fixed
6 Fixed to Adjustable
ZZ Mutually Defined

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