Data Dictionary
Item Number 6620
OTHER DIRECT CREDIT SUBSTITUTES - AMOUNTS CONVERTED AT 100%Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHC06620 | 1990-09-30 | 1990-12-31 | Yes | FR Y-9C |
| BHC06620 | 1991-03-31 | 1997-12-31 | No | FR Y-9C |
| BHC26620 | 1990-09-30 | 1990-12-31 | Yes | FR Y-9C |
| BHC26620 | 1991-03-31 | 1997-12-31 | No | FR Y-9C |
| BHC56620 | 1990-09-30 | 1990-12-31 | Yes | FR Y-9C |
| BHC56620 | 1991-03-31 | 1997-12-31 | No | FR Y-9C |
| BHC96620 | 1990-09-30 | 1990-12-31 | Yes | FR Y-9C |
| BHC96620 | 1991-03-31 | 1997-12-31 | No | FR Y-9C |
Data Description:
Includes any direct credit substitute not included in items 6617 and 6618. Direct credit substitutes comprises off-balance sheet guarantees (as they are appropriate to banking organizations), or equivalent instruments, that back financial obligations, such as outstanding securities, loans, and other financial liabilities, or that back off-balance sheet items that requires capital under the guidelines.
Includes the dollar amount of financial standby letters of credit, the dollar amount of financial standby letters of credit conveyed to banks, other financial guarantees, and risk participations in bankers acceptances that are acquired from others and conveyed to banks, as they were reported on Schedule HC-I. Also included in this item are forward agreements to purchase assets, including forward forward deposits placed and partially-paid shares and securities. Forward agreements are legally binding contractual obligations to purchase assets with certain drawdown at a specified future date.
Excludes forward forward deposits accepted, which are reported as an interest rate contract. Also excludes any direct credit substitutes transacted by the holding company's securities affiliate.
The mnemonic prefixes for the risk weight columns represents the following:
BHC0 = (Column A) 0%
BHC2 = (Column B) 20%
BHC5 = (Column C) 50%
BHC9 = (Column D) 100%
For a detailed description of the broad categories of transactions that are assigned to each risk weight category (columns A through D) established by the Risk-Based Guidelines, see the Instructions for Preparation of Reporting Form FR Y-9C Schedule HC-I. If a bank holding company has not established the systems to determine the risk weight(s) applicable for a transaction, it has the option of risk-weighting that transaction at 100%. This schedule (Schedule HC-J) is completed in conjunction with Schedule HC-I.
NOTE:
Reported by bank holding companies with Section 20 Securities Affiliates.