Board of Governors of the Federal Reserve System

Data Dictionary

Item Number A153

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes by country of the account party, all contractual commitments such as legally binding lines of credit and formal guarantees (as defined in Part III, definition C). Also includes all outstanding commercial letters of credit issued or confirmed (as defined in Part III, definition E). Excludes advised letters of credit and any such letters of credit issued on behalf of U.S. residents. Includes all (a) outstanding standby letters of credit issued or confirmed and (b) amounts outstanding of purchases of risk participations in acceptances (as defined in Part III, definition C). Excludes any such guarantees of obligations of U.S. residents. Excluded are any foreign-office local and non-local currency commitments on local residents unless the reporting institution anticipates that such commitments may result in cross-border claims (such as those commercial letters of credit). Excludes any such commitments that covers obligations of U.S. residents. Also excludes cross-border commitments (such as those under commercial letters of credit) that can be cancelable, at the option of the reporting institution, upon occurrence of a sovereign event.

NOTE:

Reported on Schedule 1 for the FFIEC 009 report.

Also reported as confidential.