Data Dictionary
Item Number C972
CREDIT DERIVATIVES: NOTIONAL AMOUNTS-CREDIT OPTIONS-GUARANTORCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| BHCKC972 | 2006-03-31 | 9999-12-31 | No | FR Y-9C |
| RCFDC972 | 2006-03-31 | 9999-12-31 | No | FFIEC 031 |
| RCONC972 | 2006-03-31 | 9999-12-31 | No | FFIEC 041 |
| UBPRC972 | 2006-09-30 | 9999-12-31 | No |
Data Description:
Report the notional amount of all credit options for which the bank is the protection seller. A credit option is a structure that allows investors to trade or hedge changes in the credit quality of the reference asset. For example, in a credit spread option, the option writer (protection seller or guarantor) assumes the obligation to purchase or sell the reference asset at a specified "strike" spread level. The option purchaser (protection purchaser or beneficiary) buys the right to sell the reference asset to, or purchase it from, the option writer at the strike spread level.
NOTE:
Reported on Schedule RC-L for the FFIEC 031 & FFIEC 041 report.
Beginning in September 2008 reported on FFIEC 002.
UBPR DERIVATION -- IF UBPRC752 = '31' AND UBPR9999 >= '2006-03-31' THEN RCFDC972 ELSE IF UBPRC752 = '41' AND UBPR9999 >= '2006-03-31' THEN RCONC972 END IF END IF
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).