15.6.14 Position Update of PositionStatement type

The Position Update message which contains the participant position details is generated at the borrower level. For each tranche, the details are grouped for participants for the tranche and sent as a single bulk message. You can send this message for the event Assignment when there is a change in participant positions in a tranche. For this you need to maintain the message for the PRAM/PAMI events for tranche only.

This message can be used at a tranche or drawdown level for all the participants under the tranche or drawdown and is generated only after the Take on Deal / Take on Facility notices have been generated and handed-off to Markit.

The message Ext Deal CUSIP/ISIN captured at the tranche level for the InstrumentId field in Deal Summary.