Data Dictionary
Item Number 2074
DEFERRED NET GAINS (LOSSES) ON FUTURES/OPTIONS HEDGING LIABILITIESCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| SVGL2074 | 1984-03-31 | 1996-12-31 | Yes | Multiple Forms |
Data Description:
Includes deferred gains net of deferred losses from settlement of options and futures contracts that are matched with liabilities that have been deferred in accordance with Regulations 563.17-4 (g) and 563.17-5 (g).
Also includes the settlement of options and futures contracts matched with liabilities deferred in accordance with GAAP; report as negative if losses exceed gains (a net debit), interest-rate cap and collar contracts matched with liabilities, and the net deferred gains and losses on terminated interest rate swaps hedging borrowings.
Gains and losses resulting from market changes on open positions matched with liabilities reported on a cost basis are generally not recognized until the position is closed out. While the positions are open, the unrealized gains are reported as commitments in item 3967 and 0959, and the unrealized losses in items 3968, 0959, and 0961 as appropriate.
Deferred gains (losses) are amortized to income in item 4324.