Data Dictionary
Item Number M878
CREDIT DERIVATIVES (BY REFERENCE ENTITY): GROSS-NET: TOTAL CREDIT DERIVATIVES PURCHASEDCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| CEXAM878 | 2013-12-31 | 9999-12-31 | No | FFIEC 009a |
| FCEXM878 | 2013-12-31 | 9999-12-31 | Yes | FFIEC 009 |
Data Description:
FFIEC009 (FCEX) - Gross-Net Total Credit Derivatives Purchased (Column 5 )
Report in Columns 5 and 6, as appropriate, the consolidated net position of credit derivative contracts included in Column 3 and 4. Netting may be done only when all the following apply:
1) there are offsetting purchased and sold positions on the same reference entity (on a legal entity basis),
2) the contracts are with the same counterparty,
3) the contracts are subject to a legally enforceable master netting agreement.
Contracts that do not meet all three conditions above should be reported on a gross basis in Columns 5 and 6.
FFIEC009a (CEXA) - Credit Derivatives (By Reference Entity) ---- Gross-Net Report in Columns 23 and 24, as appropriate, the consolidated net position of credit derivative contracts included in Columns 21 and 22. Netting should be done as specified in Section VII.C.2 of the FFIEC 009 instructions. The amounts are included on the FFIEC 009 report on Schedule O, Columns 5 and 6.