Board of Governors of the Federal Reserve System

Data Dictionary

Item Number C037

Call confidentiality applies to FFIEC 031/041.

Data Description:

Report the appropriate value of all bonds, notes, debentures, commercial paper,and equity securities with readily determinable fair values not held for trading that cannot properly be reported in items 1(b) and 1(c)(1) through 1(c)(3) including:

(1) securities issued by states and political subdivisions in the U.S. (including industrial development bonds that the branch or agency reports as securities for other financial reporting purposes, as described more fully in Schedule C, part I, item 8),

(2) obligations of business corporations,

(3) detached U.S. Government security coupons and ex-coupon U.S. Government securities held as a result of either their purchase or the branch or agency's stripping of such securities and Treasury receipts such as CATS, TIGRs, COUGARs, LIONs, and ETRs,

(4) corporate stock with readily determinable fair values,

(5) common stock of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and preferred stock and unrestricted voting common stock of the Student Loan Marketing Association, and

(6) equipment trust certificates.

Exclude from this item:

(2) All loans (including overdrafts) and lease financing receivables of states and political subdivisions in the U.S. (report in Asset item 1(e) and in Schedule C).
The fair value of an equity security is readily determinable if sales or bid-and-asked quotations are currently available on a securities exchange registered with the Securities and Exchange Commission (SEC) or in the over-the-counter market, provided that those prices or quotations for the over-the-counter market are publicly reported by the National Association of Securities Dealers Automated Quotations systems or by the National Quotation Bureau. The fair value of an equity security traded only on a foreign market is readily determinable if that foreign market is of a breadth and scope comparable to one of the U.S. markets referred to above.
(1) Holdings of bankers acceptances and certificates of deposit, which are not classified as securities for purposes of this report. When held for trading purposes, such assets are to be reported in Asset item 1(f). Holdings of bankers acceptances not held for trading purposes are to be reported as loans in Asset item 1(e) and in Schedule C. Holdings of certificates of deposit not held for trading purposes are to be reported as balances due from depository institutions in Asset item 1(a) and in Schedule A.

NOTE: For the IBF column (column B), report only the dollar amount of the IBF's holdings of notes, bonds, debentures, and equity securities with readily determinable fair values issued by non-U.S. addressees, other than related depository institutions. This amount is also included in the amount reported in column A. Include obligations that are purchased directly from the issuers of the equity or debt securities that is, from foreign governments and official institutions and from private non-U. S. addressees. In addition, any securities reported in column A that were acquired by the IBF as the result of defaulted loans should be included in this item.

NOTE:

Reported as a derived item for the FFIEC 002 on Schedule RA. Includes the sum of RCFDC037 minus RCFNC037.