CFI code group : Loan-lease [LL]
Financial acronyms
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CFI code group specification as per ISO 10962:2021
One party lends a commodity to a counterparty, in return for a fixed price or a premium (aka lease rate). At the end of the contract, the lender expects to receive the commodity back, and their return is linked to fluctuations in the market price of the commodity, or the premium, respectively.
CFI code group attributes
1st attribute of group LL : Underlying assets
Possible values are:
A
Agriculture
B
Baskets
J
Energy
K
Metals
N
Environmental
P
Polypropylene Products
S
Fertilizer
T
Paper
M
Others (Miscellaneous)
2nd attribute of group LL : N/A
Possible values are:
X
Not Applicable/Undefined
3rd attribute of group LL : N/A
Possible values are:
X
Not Applicable/Undefined
4th attribute of group LL : Delivery
Possible values are:
P
Physical
C
Cash
N
Non-Deliverable