Data Dictionary
Item Number 5077
GROSS AMOUNT OF BANK-INELIGIBLE SECURITIES UNDERWRITTENCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| ISUD5077 | 1990-06-30 | 2005-03-31 | Yes | FR Y-20 |
Data Description:
Bank-ineligible securities represents securities that member banks may not underwrite and deal in as authorized by Section 16 of the Glass-Steagall Act (12 U.S.C.24 Seventh).
Includes the total amount of "bank-ineligible securities" that have been underwritten during the quarter. The amount reported excludes all commercial paper. Also excludes obligations representing interests in a pool of bank loans, such as mortgage loans, retail loans to finance the purchase of motor vehicles, or loans generated from revolving credit card accounts, where the loans comprising the pool were originated or purchased by an affiliated bank. The latter obligations are afforded "neutral" revenue treatment and thus are considered as revenues that are derived from neither bank-eligible nor bank-ineligible securities.
NOTE:
Reported in Schedule SUD-A for the FR Y-20 report.