Data Dictionary
Item Number 7922
NOMINAL RATE OF INTERESTCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| MTBL7922 | 1977-03-07 | 1979-01-01 | Yes | FR 2028c |
| QTBL7922 | 1977-02-07 | 2017-05-05 | Yes | FR 2028a/s |
Data Description:
The rate in percent is reported to three decimal places; for example, for a loan made at 8-1/4 percent, "8.250" is reported. NOTE: Reported on the FR 2028A (QTBL) report. The stated nominal rate of interest shown in the note or agreement is carried as a single precision floating point field. If the loan amount reported in item 1921 (column 2) is an advance, takedown, or renewal under an existing loan commitment, the rate of interest for this advance is entered. For example, if the stated rate of interest is 50 basis points over prime, the nominal rate of interest reported should be the prime rate for the day of the takedown plus 50 basis points.