Data Dictionary
Item Number 3365
QUARTERLY AVERAGE OF FEDERAL FUNDS SOLD AND SECURITIES PURCHASED UNDER AGREEMENTS TO RESELLCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BAAQ3365 | 1976-03-31 | 9999-12-31 | No | |
| BAAY3365 | 1976-03-31 | 9999-12-31 | No | |
| BHCK3365 | 1990-09-30 | 9999-12-31 | No | FR Y-9C |
| RCFD3365 | 1976-03-31 | 9999-12-31 | No | Multiple Forms |
| RCFN3365 | 1978-12-31 | 1983-12-31 | No | Multiple Forms |
| RCON3365 | 1976-03-31 | 1983-12-31 | No | Multiple Forms |
| RCON3365 | 1984-03-31 | 1993-12-31 | No | Multiple Forms |
| RCON3365 | 1994-03-31 | 9999-12-31 | No | Multiple Forms |
| UBPR3365 | 1984-03-31 | 9999-12-31 | No |
Data Description:
The quarterly average for "Federal Funds Sold and Securities Purchased Under Agreements to Resell (1350)". (See comparability below for the BHCK series.)
The amounts averaged are those outstanding at the close of business for each day for the calendar quarter or an average of the balances as of the close of business on each Wednesday during the calendar quarter. If the reporting bank is closed on Saturdays, Sundays or holidays the amount outstanding from the previous business day is reported.
NOTE:
Reported on Schedule RC-K for the FFIEC 031, 032, 033, and 034 reports.
Reported on Schedule HC-K for the FR Y-9C report.
Prior to 3/31/01, reported on Schedule HC-E for the FR Y-9C report.
For the FFIEC 002 report, excludes all transactions with related depository institutions.
COMPARABILITY:
Prior to 3/31/97, included "Federal Funds Sold (0276)" and "Securities Purchased Under Agreements To Resell (0277)". Also multibank holding companies with total consolidated assets of less than $150 million did not report Schedule HC-E for the FR Y-9C (BHCK) report.
Beginning 6/30/96, for the FR Y-9C (BHCK) report, bank holding companies are now permitted to offset securities purchased under agreements to resell (reverse repurchase agreements) and securities sold under agreements to repurchase (repurchase agreements) in accordance with FASB Interpretation No. 41 (FIN 41) in determining the average balances for this item and in calculating the asset denominator of their risk-based and leverage capital ratios.
Beginning 12/31/94, for the FR Y-9C (BHCK) report, securities purchased under agreements to resell must be reported on a gross basis (i.e., cannot be offset by securities sold under agreements to repurchase).
Prior to 3/31/84, the amounts averaged, was for the 30 day calendar days (or calendar month) ending with the Call date.
Prior to 6/30/77, the reporting bank had the option of reporting a 15-day or 30-day (or calendar month) average. Once the bank had chosen either the 15-day, 30-day, or calendar month averaging method, it computed averages for each Call on that basis.
For the UBPR series, the FDIC's Data Element name is H-AVGFFSOLD
This variable is used by the FDIC and OCC in the process to generate the UBPR in the Central Data Repository (CDR). The Board does NOT store this MDRM within the UBPR series tables in the Board's Financial Data Repository (FDR).
BAAQ Original Variable name: AVGFF Formula:
AVGFF = RCFD3365/1000;
BAAY Original Variable name: AVGFFY Formula:
AVGFFY = RCFD3365/1000;