1552 Option Type Code

Code indicating the type of option provided

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Type
Identifier (ID)
Length
Min 1 / Max 2
Codes
CodeDescription
1Assumability
2Callability
3Prepayment
4Convertibility
5Limited Payment
6Adjustability
7User-defined
8Negative Amortization
9Automatic Refinance
10Modification
11Construction Phase
12Permanent Phase
13Payment Frequency
ZZMutually Defined
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