Board of Governors of the Federal Reserve System

Data Dictionary

Item Number 5519

Call confidentiality applies to FFIEC 031/041.

Data Description:

Includes all floating rate debt securities with a remaining maturity of one year or less. For floating rate held-to-maturity debt securities with a remaining maturity of one year or less, the amortized cost is reported. For floating rate available-for-sale debt securities with a remaining maturity of one year or less, the fair value is reported.

Remaining maturity is the amount of time remaining from the report date until the final contractual maturity of a debt security without regard to the security's repayment schedule, if any. A floating rate is a rate that varies, or can vary, in relation to an index, to some other interest rate such as the rate on certain U.S. Government securities, or to some other variable criterion the exact value of which cannot be known in advance. When the rate on a debt security with a floating rate can no longer change because it has reached a floor or ceiling level, the debt security is considered "fixed rate" rather than "floating rate" and, even if its remaining maturity is one year or less, is excluded from this item until the rate is again free to float.

NOTE:

Reported in Schedule RC-B - Securities for the FFIEC 031, 032, 033 and 034 reports.