Data Dictionary
Item Number A341
NEXT DATE ON WHICH THE LOAN RATE MAY BE RECALCULATEDCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| QTBLA341 | 1997-05-05 | 2017-05-05 | Yes | FR 2028a/s |
| QTFLA341 | 1997-05-05 | 9999-12-31 | Yes | FR 2028b/s |
Data Description:
Includes the first date on which the rate on the loan will be recalculated to reflect changes in the base rate, if any. For a loan rate that can be recalculated at any time (as with many prime-based loans), the date made, as reported in item 9912 is reported. If the interest rate on the loan is fixed for a period less than the maturity of the loan (for example, a loan that matures in 90 days but has a rate that is recalculated every 30 days relative to the 30-day LIBOR), the date on which the interest rate can first be recalculated is reported. If the interest rate is fixed for the life of the loan, the loan's date of maturity as reported in item 9914 is reported. If the interest rate is fixed and the loan has no stated date of maturity a zero (0) is reported. NOTE: Reported on the FR 2028A (QTBL) and FR 2028B (QTFL) reports.