Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 1547

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes debt securities (excluding both trading account assets and equity securities) with the time remaining to maturity if fixed rate, or the earliest possible repricing opportunity if floating rate of 3 months or less (excluding amounts reported in item 1546.) Debt securities should be distributed among the columns without regard to their call date unless the security has actually been called. When debt securities have been called, those with fixed or predetermined rates should be distributed on the basis of the time remaining until the call date, whereas those with floating or adjustable rates should be distributed on the basis of the earlier of (a) the time remaining until the call date, or (b) the earliest possible repricing opportunity.

Also includes the book value of all fixed rate mortgage pass-through certificates, such as those issued by the Government National Mortgage Association (GNMA), the Federal Home Loan Mortgage Corporation (FHLMC), and certain banks and savings and loan associations, on the basis of the time remaining until their final contractual maturity. Debt securities that provide the reporting bank with the option to redeem them at one or more specified dates prior to their contractual maturity date, so-called "put bonds", should be reported on the basis of the earliest "put" date for bonds with fixed or predetermined rates, or the earlier of (a) the earliest "put" date or (b) the earliest possible repricing opportunity for bonds with floating or adjustable rates.

NOTE:

For the above series, reported as confidential for the reporting period 6/30/83 thru 12/31/83.