Data Dictionary
Item Number 6823
TYPE OF BUSINESS (SEE CODES IN INSTRUCTION MANUAL)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVCS6823 | 1990-03-31 | 1990-03-31 | Yes | OTS 1313 |
| SVGL6823 | 1990-03-31 | 1990-03-31 | Yes |
Data Description:
A generic term for a strategy to manage interest rate risk and generate profits. Includes the purchase of mortgage-backed securities (MBAs) using funds from the reporting thrift's liquidity base or financed by a short-term liability, usually a reverse repurchase agreement (reverse repo). These newly purchased assets are then used as collateral to borrow additional funds which are invested in more MBSs. This series of transactions can be repeated for several iterations.
NOTE:
Beginning 12/31/2000, the following codes were deleted 03, 04, 05, 06, 07, 08, 10, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, and 25.
Also, the following codes were added 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57 and 58.
This item is not on the Archival file.