Data Dictionary
Item Number 2912
NEGOTIABLE CERTIFICATES OF DEPOSIT PAYABLE IN U.S. DOLLARS THAT ARE HELD IN CUSTODY ACCOUNTS FOR U.S. ADDRESSEES OTHER THAN DEPOSITORY INSTITUTIONS AND MMMFS ("NEGOTIABLE TERM EURODOLLARS")Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RDCB2912 | 1994-03-29 | 2006-03-31 | Yes | FR 2050 |
| WFBR2912 | 1983-09-14 | 1994-03-23 | Yes | FR 2077 |
Data Description:
Includes the amount outstanding of all U.S. dollar denominated negotiable CD's, issued both by the reporting institution and by other institutions, that are held for U.S. addressees, other than depository institutions and money market mutual funds. A "custody account" is one in which securities or other assets are held by a bank on behalf of a customer under a safekeeping arrangement. In cases where the reporting institution, acting on behalf of a U.S. addressee, places a CD owned by the U.S. addressee in the custody of a second institution, either as part of a clearing arrangement or for some other purpose, but retains control over the CD, in that the CD is held by the second institution in the name of or for the account of the reporting institution, the responsibility for reporting custody of the CD rests with the reporting institution until the CD matures, is sold by the U.S. addressee, or is no longer held in custody for the reporting institution. By contrast, if the reporting institution does not retain control over the CD, in that the CD, once placed with the second institution, is held in custody by the second institution directly for the U.S. addressee, the responsibility for reporting custody of the CD rests with the second institution. Also includes deposits received on terms identical to those on which a negotiable certificate of deposit would customarily be issued, but for which a certificate (physical document) is not actually issued because the branch and the depositor find it mutually convenient not to do so, that is, negotiable book-entry certificates of deposit. NOTE: Reported on the FR 2050 (RDCB) report.