Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

Micro Data Reference Manual

Zip

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below.

About Data Dictionary Reports and Mnemonics Download MDRM

Data Dictionary

Item Number K477

INTEREST ON FEDERAL RESERVE NOTES

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
FRBSK477	2010-12-31	9999-12-31	Yes	FR 34

Data Description:

This account is used to record the liability or deferred asset related to interest on Federal Reserve notes. A credit balance in this account represents the accrued amount of interest on FR notes to be distributed to the U.S. Treasury. A debit balance in this account, which results from situations where net earnings are insufficient to provide for dividends and equating surplus with paid-in capital, represents the amount of future net earnings that a Reserve Bank will need to realize before remittances to the Treasury resume.

Last update: Mar 20, 2024