Transcription
FUNDAMENTALSOFTHE TICREPORTINGSYSTEM1
ORIGINThe TThTreasury IInternationalttilCCapitalit l (TIC) ReportingRtiSystem originated in 1934 to provide the U.S.government data on U.S. international portfoliogpinvestment and capital movements2
PURPOSE9Balance of PaymentsStatistical statement that summarizes economictransactions for an economy with the rest of theworld8Current AccountGoods services,Goods,services income8Capital AccountNon-produced, non-financial assets8Financial AccountU.S. Reserves, Direct Investment, PortfolioInvestments3
PURPOSE9U.S.9US International Investment Position8Net international investment position9Economic Analysis8Financial account analysisCapital markets analysis8Capital8Country analysis4
PUBLICATIONS OF TIC DATA9Treasury Bulletin8Quarterly publication by the U.S. Departmentof TreasuryFederal Reserve Bulletin9Federal8Monthly publication by the Federal ReserveBoard9S9Surveyoff CCurrentt BBusinessi8Monthly publication by the Department ofyCommerce, Bureau of Economic Analysis9International Financial Statistics8Monthly publication by the IMFExternal Debt Statistics9External8 Monthly publication by the IMF5
PUBLICATIONS OF TIC DATA9Where8TIC website at http://www.ustreas.gov/tic9WhatWhat8Banking liabilities and claims positions bymajor category8InternationalI ttil securitiesiti8Net foreign purchases of long-term U.S.Treasury issues by major foreign sector8Estimated “Major Foreign Holders of U.S.Treasury Securities”6
PUBLICATIONS OF TIC DATA9How8Monthly time series8By country9When8Updated on 16th day of each month on a1 1/2 month1-1/2th llag7
ADMINISTRATIVE ISSUES9Authority8Required by law8Reviewed and approved by Office Managementand Budget (OMB)9Confidentiality8Data reported are held in confidence by TheDepartmentpof the Treasury,y, The Board ofGovernors of the Federal Reserve System, andThe Federal Reserve Banks acting as fiscalagent of the Treasury8
TIC REPORT SERIESReportSeries/FormTIC B SeriesBC, BL-1, BL-2FrequencyDataCoverageMonthlyReporter’s Own and U.S.Customers’ Liabilities to,Claims on ForeignResidents by U.S.Residents filed byDepository Institutions,Bank Holding Companies(BHCs), Financial HoldingCompanies (FHCs), andSecurities Brokers/DealersBQ-1, BQ-2, BQ-3QuarterlyBC(SA), BL-1(SA),BL-2(SA)Semiannual9
TIC REPORT SERIESReportSeries/FormTIC S SeriesForm S/MemorandumFrequencyMonthlyDataCoveragePurchases and Sales ofLong-Term Securities byForeigners filed by U.S.Residents10
TIC REPORT SERIESReportSeries/FormTIC C SeriesCQ 1CQ-1CQ-2FrequencyDataCoverageQ t lQuarterlyFinancial/CommercialFii l/Ci lLiabilities to, and Claims onForeign Residents filed byU.S. Residents Other thanDepository Institutions andSecurities Brokers/Dealers11
RELATIONSHIP TOOTHER REPORTS9Foreign Holdings of U.S. Securities, IncludingSelected Money Market Instruments (Form SHLA/Form SHL)9 U.S. Ownership of Foreign Securities, IncludingSelected Money Market Instruments (Form SHCA/Form SCH)9 Treasury Foreign Currency (TFC) Forms9 Direct Investment Forms12
GENERALINSTRUCTIONSFORTIC B AND SFORMS13
WHO MUST REPORT9TIC B FormsDepository Institutions8Depository8Securities Brokers/Dealers8Bank Holding Companies (BHCs)/FinancialH ldi CompaniesHoldingCi (FHCs)(FHC )9TIC S Form8U.S. entities who buy or sell long-termsecurities directly from or to foreigners14
DEPOSITORY INSTITUTIONS9Include:8Commercial bank8Edge Act or Agreement corporation8U.S. agency or branch of foreign banksSaving bank8Saving8Trust company performing banking business8Savings, loan or building associations8C8Cooperativeti bankb k8Industrial bank, private or unincorporated bank8Credit union15
SECURITIES BROKERS/DEALERS9Securities Broker8Securities broker is an entity that engages ineffecting securities transactions for others9Securities Dealer8Securities dealer is an entity that buyssecurities for its own account (excludingdepositories and other entities acting in afiduciary capacity)Note: Refer to the Securities Exchange Act for a list16of the activities that constitute a dealer
WHERE TO FILEDepositoryInstitutionsDistrictFRBBHCs / FHCsSecuritiesB kBrokers/Dealers/D lFRBNY17
CONSOLIDATION RULESFILES SEPARATELYU.S. RESIDENTNONBANKINGSUBSIDIARIESU.S. ER/DEALERU.S. TRUSTS &SPECIAL PURPOSEENTITIESNON-BANKINGSUBSIDIARIESIN U.S.U.S. TRUSTS &SPECIAL PURPOSEENTITIES18FILES SEPARATELYU.S. BROKER/DEALEROFFICESFILES SEPARATELY
CONSOLIDATION RULES9U.S.-resident Depository Institutions shouldconsolidate/combine:8Their own claims and liabilities8All U.S. banking offices (including theirInternational Banking Facilities (IBFs))8Trusts and Special Purpose Entities (SPEs)for which the reporter is trustee or primarybbeneficiaryfi iNote: Depository institutions owned by a securitiesbroker/dealer should submit TIC B forms separatefrom the securities broker/dealer19
CONSOLIDATION RULES9Bank Holding Companies (BHCs)/Financial HoldingCompanies (FHCs) should consolidate/combine:8Their own claims and liabilitiesU.S. resident subsidiaries except banking8U.S.-residentsubsidiaries, securities brokers/dealers, andinsurance companies8Trusts and Special Purpose Entities (SPEs)for which the reporter is trustee or primarybeneficiaryNote: Positions of banking subsidiaries and securitybrokers/dealers are reported on separate TIC B forms.Positions of insurance subsidiaries are reported on the20TIC C forms
CONSOLIDATION RULES9Securities Brokers/Dealers should consolidate/combine:8Their oown claimsaanda d liabilitiesab8U.S. non-banking subsidiaries8Trusts and Special Purpose Entities (SPEs)for which the reporter is trustee or primarybeneficiaryNote: Positions of non-broker/dealer parentcompanies that are not BHCs/FHCs should submitconsolidatedcoso dated TICC C reportsepo ts foro tthemselvese se es aandd ttheeentities that are not securities brokers/dealers21
CONSOLIDATION RULES9Edge Act and Agreement Corporations shouldconsolidate/combine:branchesaes anda d subsidiarysubs d a y companieso pa es8All b(including their International Banking Facilities(IBFs))Note: Positions of the parent organization should beexcluded22
CONSOLIDATION RULES9U.S. Branches and Agencies of Foreign Banks shouldconsolidate/combine:offices (including( ud g their Internationala o a Bankingag8All oFacilities (IBFs)) in the same state and within thesame Federal Reserve districtNote: U.S. branches and agencies of a foreign bankthat are located in either different states or differentFederal Reserve districts should submit reports to theede a Reserveese e Bank(s)a (s) in whoseose ddistrictst ct ttheyey opeoperateateFederal23
EXEMPTION LEVELS9TIC B FormsApplies to consolidated reportable claims andliabilitiesFor example:p8A depository institution should includereportable claims and liabilities of all of theirU S banking offices including theirU.S.International Banking Facilities (IBFs)24
EXEMPTION LEVELSREQUIRED TOFILEBC, BLBL-1,1, BL-2,BL 2, BQBQ-11 andYESBQ-2, Part 1 (Columns 1-6)Total aggregate data (row 9999-6) are 50M or moreXI di id l countryIndividualt datad t (any(countrytrow) is 25M or moreXTotal aggregate data (row 9999-6) are 50M and individual countryyless than data (any country row) are less than 25MNote: Once you exceed the exemption level, youmust continue to file for the remaining calendaryearNOX25
EXEMPTION LEVELSREQUIREDTO FILEBQ-2, Part 2 (Columns 1-3)YESNOTotal aggregate data (row 9980-5)are 50M or moreXTotal aggregategg gdata (row(9980-5))are less than 50MXNote: Once you exceed the exemption level, youmust continue to file for the remaining calendaryear26
EXEMPTION LEVELSREQUIREDTO FILEYESNOBQ-3T t l reportedTotalt dddatat on FForm BLBL-1,1Columns 1-6 (row 9999-6) and BQ-2,Part 1, Columns 1 & 2 (row 9999-6)are 4B or moreXTotal reported data on Form BL-1,Columns 1-6 (row 9999-6) and BQ-2,Part 1, Columns 1 & 2 (row 9999-6)are less than 4BXNote: Once you exceed the exemption level, youmust continue to file for the remaining calendaryear27
EXEMPTION LEVELSREQUIRED TOFILEBC (SA), BL-1 (SA), BL-2 (SA)If data are reported on the June orDecember monthly BC, BL-1, and BL-2 forOther Europe, Other Latin America, OtherCaribbean, Other Asia, Other Africa, and AllOtherIf no data are reported on the June orDecember monthly BC, BL-1, and BL-2 forOther Europe, Other Latin America, OtherCaribbean, Other Asia, Other Africa, and AllOtherYESNOXXNote: Data should be reported in the same columns as themonthly companion report (there are no memorandum rows)28
EXEMPTION LEVELS9TIC S FormApplies to consolidated reportable securitytransactionsFor example:p8A broker/dealer should include purchases andsales of long-term securities by foreigners ofall their nonnon-bankingbanking subsidiaries in theUnited States29
EXEMPTION LEVELSREQUIREDTO FILEYESNOForm STotal purchases or total sales are 50M or moreXTotal purchases and total sales arele thlessthann 50MXNote: Once you exceed the exemption level, you mustcontinue to file for the remaining calendar year andtheh followingf ll i calendarl d year30
DATESFormAs of DateBC, BL-1, BL-2Last business day ofeach monthDue DateNo later than the 15thcalendar day followingthe last day of the monthBQ 1 BQ-2,BQ-1,BQ 2 BQ-3BQ 3 Last business day ofNo later than the 20thMarch, June, September calendar day followingand, Decemberthe last day of March, June,September, and DecemberBC(SA), BL-1(SA), Last business day ofNo later than the 30thBL-2(SA)June and Decembercalendar day followingthe last day of June andDecemberSLast business day ofNo later than the 15theach monthcalendar day followingthe last day of the monthNote: If the due date of a report falls on a weekend or holiday, thedue date is the following business day31
DATA SUBMISSION9Required9Ri d ReporterRt InformationI fti8RSSD ID (10-digit number assigned bythe Federal Reserve System)8Legal name of reporting institutionSignature Requirement9Signature8Signed by authorized officer9Method9Mth d off SubmittingS b itti8Mail8Fax8Hand-delivered8The Internet (IESUB)32
DATA SUBMISSION9Alternative Method of Reporting:Computer generated forms must receive8Computerwritten approval from the responsible FederalReserve BankForms and instructions can be printed fromp //g / /http://www.ustreas.gov/tic/forms.html33
INTERNET DATA SUBMISSION9Internet Electronic Submission System (IESUB)Features of IESUB:Data entry8Data8Spreadsheet file transfer8User friendly and convenient8Eliminates paper and fax8Ability to submit reports for multiple DIs tomultiple Reserve Banks8Validity checking8Confirmation of receiptFor additional information refer towww.reportingandreserves.org/iesub.html34
DATA REVIEW9Data are reviewed by Federal Reserve staff for:8Unusual changesSizeable fluctuations (dollar and/oraSizeablepercent)aReported country (e.g., Cuba)aColumn/row switches8Trend analysisNote: The results of the review process may requirethe reporter to submit explanations and/or revisions35
MAINTAINING DATA RECORDS9Record/ReportRecord/Report Retention8Reports must be retained for 3 yearsffromththe ddatet off submissionb i i36
COMMONREPORTINGELEMENTS37
FORM LAYOUT9The general layout of the TIC forms:8F i C8ForeignCountryt CColumnl(far(f left-handl ft h dside column)bCountryy location of the directcounterparty8ColumnsbTypesTypes of counterparties and/ortypes of instruments8”Of Which” Column Items and Row ItemsbB kdbBreakdownoff specificifi counterparties,ttiinstrument types, foreign currencies orremainingg maturities38
GENERAL ACCOUNTING ISSUESReport:In millions of U.S. dollarsPositive and whole values (nonegatives or decimals)U.S. dollar equivalent offoreign currency-denominatedamount (use spot rate on theas-of date of the report)Gross using settlement dateaccountingTIC BFORMSXTIC SFORMXXXXXXX39
GENERAL ACCOUNTING ISSUESReport:Face valuel off theh instrumentBalance outstanding at the endof reportingoepo g periodpe od (e.g.,(e g , month,o ,quarter)Securities at cost regardless ofdiscounts or premiumsAggregate monthly transactionsin the month they settleTIC BFORMSXTIC SFORMXXX40
DEFINITIONS9United States850 States and District of Columbia8The Commonwealth of Puerto Ricoandd NorthernN thMMarianaiIslandsI l d8 U.S. territories (e.g., U.S. VirginIslands,, Wake Island))41
DEFINITIONS9U.S. ResidentIndividuals, corporations, or other organizationslocated in the United StatesFor example:8A U.S. branch of a German bank8A U.S.U S organization incorporated in Delawarebut operates solely in Bermuda8A counterparty residing outside the U.S. whofiles an IRS Form W-942
DEFINITIONS9Foreign ResidentIndividuals, corporations, or other organizationlocated outside the United StatesFor example:8EntitiesEntities that have filed an IRS Form W-8W88International or Regional organizationsand affiliated agencies located in the U.S.(e g International Bank for Reconstruction and(e.g.,Development (IBRD) and United Nations (U.N.))8 A U.K. branch of a U.S bank8 An organization chartered outside theUnited States but operates solely in Florida 43
DEFINITIONS9ReportingRtiLocationLtioff ForeignFiCCounterpartiesttiPositions should be reported opposite the countrygeographicg parea in which the director gcounterparty residesExamples:8A reportable claim on a U.K. branch ofa U.S. bank should be reported oppositeth UtheUnitedit d KiKingdomd(row(1300-5)1300 5)8A reportable claim on a German companyguaranteed byy their Italian parentpthat was gshould be reported opposite Germany44(row 1100-2)
DEFINITIONS9Reporting Location of Foreign CounterpartiesExamples: (cont.)8A reportable yen-denominated liability to theParis office of a Swiss bank should bereported opposite France (row 1080-4)45
DEFINITIONS9Reporting Location of Foreign CounterpartiesExceptions:Eti8Positions with branches or agencies ofg Official Institutions should beForeignreported opposite the country that owns theForeign Official Institution8Positions with the Bank for InternationalSettlements (BIS) should be reportedopposite Other Europe (row 1800-7)46
DEFINITIONS9Reportingpg Location of Foreigng CounterpartiespExceptions: (cont.)8PositionsPositions with International organizationsshould be reported opposite theInternational row (row 7290-7)8P iti8Positionswithith multi-nationallti til regionalilorganizations should be reported oppositethe appropriatepp pRegionalgrow (rows(7390-3to 7790-9)47
TYPES OF HOLDERS9ForeigniBankskForeign-resident banks (defined under laws of the hostcountry)y)Include:8Commercial banks8Savings banks8Development banks88Discounthouses and other similar foreignfinstitutions that are not Foreign OfficialInstitutions ((FOIs))8Foreign banking offices of the reporter48
TYPES OF HOLDERS9ForeigniOfficialffi i l Institutionsi i(FOIs)()Foreign central governments and their correspondingdepartmentspand agenciesgInclude:8Treasuries8Ministries of finance8Central banks (including development banksperformingftheh functionsfoff a FOI))8Stabilization funds (including official exchangecontrol or other ggovernment exchangegauthorities)49
TYPES OF HOLDERS9Foreign Official Institutions (FOIs) (cont.)Fiscal agents of central governments8Fiscalperforming activities similar to those of atreasury, central bank, stabilization funds orf i exchangeforeignhauthority,th it diplomaticdi lti anddconsular establishments, other corporations,agenciesgand other institutions that are majorityj yowned by the central government andinternational and regional organizations50
TYPES OF HOLDERS9Allll Otherh ForeignersiAll foreign entities other than a Foreign OfficialInstitution or a foreigng bankInclude:8Foreign securities brokers/dealers8Departments and agencies of foreign state,provincial, and local governments8Foreign government-sponsored corporations88Other foreign financial and non-financialp, partnerships,pp , and individualscorporations,8Foreign affiliates nonbanking offices and51subsidiaries of the reporter
DEFINITIONS9Own Foreign Offices8Reporter’s own offices located outside theUnited States (both banking and nonbanking)8Foreign-located parent/head office8Foreign banking subsidiaries of your parentExclude foreign-located affiliated banks and nonbankingg subsidiaries of youryforeigng parentp52
REPORTINGTIC OWN FOREIGN OFFICEDo Not Include withOwn Foreign OfficesInclude with OwnForeign OfficesTIC BHCFOREIGN PARENTBANKSAN FRANCISCODEPOSITORYROMEBANKINGBRANCHInclude with Own Foreign OfficesBERMUDAOFFICEMADRIDBANKINGBRANCHInclude with OwnForeign OfficesDo Not Includewith OwnForeign OfficesTOKYONONBANKINGOFFICEDo Not Includewith OwnForeign Offices53
DEFINITIONS9ManagedManaged OfficesForeign offices for which the reporterhas majority responsibility for businessdecisionsFor example:8 Decisions regarding lending8 Asset management, funding orliability management8 Recordkeeping54
DEFINITIONS9Custodiang orA bank or other institution that managesadministers the custody or safekeeping of securitiesor other assets for clients. A custodian could havea network of local and/or global sub-custodiansFor example:8A New York bank that safekeeps for a8commercial customer, certificatesevidencingg U.S. dollar depositspissued byy aLondon bank55
DEFINITIONS9Long-Term (L.T.)gmaturityy of more than one yearyfromAn originaldate of issuance or no contractual maturity (e.g.,equity)For example:8A 5-year note that has 6 months remainingto maturity8Stock issued by a New York locatedcompanyp y56
DEFINITIONS9Short-Term (S.T.)gmaturityy of one yearyor lessAn originalFor example:8A Treasury bill issued Nov.Nov 19,19 2003 thathas a maturity date of Sept. 30, 200457
DEFINITIONS9Brokerage BalancesCash balances in brokerage and margin accountsthat may be freely withdrawn or held to supportpositions in futures, securities or other financialinstrumentsReported as :aA liability when held by U.S. residents inbrokerage and margin accounts withforeignersaA claim when held by foreign residents inbrokerage and margin accounts at U.S.resident entitiesNote: Report gross58
DEFINITIONS9Financingg Agreementsg8 The sale of financial assets (Repurchaseagreement) or the purchase of financial assets(Reverse Repurchase Agreement) by oneparty to another party, subject to agreementt repurchasetohor resalel theth assetst att aspecified date or in specified circumstancesNote: Report only those agreements in which cashis transferred for the security59
DEFINITIONS9Long-Term Domestic SecuritiesSecurities issued by entities located within theUnited States that have either no contractualmaturity (e.g., equities) or an original maturity ofmore than one year from the date of issuanceFor example:8Stock issued by Sony Corporation USA82-year floating rate notes (FRNs) issuedby Fannie Mae815-year notes (issued in Dec. 1988) by IBMwith 1 month remaining to maturity60
DEFINITIONS9Long-TermgForeigng SecuritiesSecurities issued by entities located outside theUnited States that have either no contractualmaturity (e(e.g.,g equities) or an original maturity ofmore than one year from the date ofissuanceFor example:8American Depositarypy Shares (ADS)() ofChina Telecom Corporation Ltd.815-year global notes issued by IBRD61
REPORTINGSHORT-TERM IC B reporter holding S.T.foreign-issuedgsecurities(negotiable and nonnegotiable) for their ownaccountTIC B reporterpholdinggforeign-issued S.T. securitiesfor the account of anotherinstitution/personReportable onBQ-1BQ-2, Part 1U.S.ForeignDollarCurrencyCustomers’ Reporter’s OwnClaims&Customers’ClaimsXXXX62
REPORTINGSHORT-TERM SECURITIESLIABILITIESTIC B reporter holding S.T.negotiable or non-negotiablesecurities issued by U.S.residents for foreignersgTIC B issuer of S.T.negotiable securities whereno U.S. custodian is usedTIC B issuer of S.T. nonnonnegotiable securitiesdirectly in a foreign ortable onBQ-2, Part rs’OwnLiabilitiesLiabilitiesXBQ-2, Part 2ForeigngCurrencyCustomers’LiabilitiesXXXX63
REPORTINGLONG-TERM SECURITIESForm STransactions in L.T.Securities:U.S. issuers of L.T.securities directly in aforeign marketU.S. entities purchasing orselling L.T. securitiesdirectly with foreigners thatare not Foreign OfficialInstitutionsU.S. entities purchasing orselling L.T. domesticsecurities directly withForeign Official InstitutionsPurchases &Salesl offDomesticSecuritiesReportable onForm SMemorandumdtoForm SPurchases &l offSalesForeignSecuritiesPurchases &l offSalesDomesticSecuritiesXXXXX64
GEOGRAPHICALCLASSIFICATIONFor a list of countries and their codes referto the Geographical Classification list inthe Instructions for the TIC Banking B-FormsB Forms,Appendix B, or in the Instructions for TICSecurities S-Form, Appendix I, atwww.ustreas.gov/tic/forms.htmlt/ti /fht lorcontact your Federal Reserve Bank representative65
FOREIGN OFFICIALINSTITUTIONSFor a list of Foreign Official Institutions refer tothe Instructions for the TIC Banking B-Forms,Appendix C,C or in the Instructions for TICSecurities S-Form, Appendix II, atwww.ustreas.gov/tic/forms.htmlorcontact your Federal Reserve Bank representative66
COMMON REPORTING ERRORS9Common Reporting ElementsErroneously:8UsingUsing trade date instead ofsettlement date8Reporting negatives values andd i ldecimals8Reporting foreign currency units8Misclassifyingy g counterpartiesp8Not reporting opposite the countryof the direct counterparty67
68
REPORTER’SREPORTERSOWN CLAIMS69
TIC BCU.S. DOLLAR CLAIMS OF DEPOSITORYINSTITUTIONS,, BANK HOLDINGCOMPANIES/FINANCIAL HOLDINGCOMPANIES, BROKERS, AND DEALERS ONFOREIGNERSTIC BQ-2, COLUMNS 3 & 4FOREIGN CURRENCY CLAIMS OF DEPOSITORYINSTITUTIONS BANK HOLDINGINSTITUTIONS,COMPANIES/FINANCIAL HOLDINGCOMPANIES,, BROKERS,, AND DEALERSVIS-A-VIS FOREIGNERS70
REPORTER’S OWN CLAIMSReporter’sRt ’ OwnOClClaims:iBrokerage balancesResale agreements and similar financingagreementsO dOverdrawnaccountsS.T. negotiable and non-negotiablesecurities (an original maturity of oneyear or less)Reportable onBCBQ-2,BQ2,Columns 3 & XXXXXX71
REPORTER’S OWN CLAIMSReporter’s Own Claims:Negotiable CDs (any maturity)Deposit balances due from banksincluding non-negotiable CDs (anymaturity)Money market instruments (e.g.,commercial paper, bankers’ acceptances)with an original maturity of one year orlessLoans and loan participations of anymaturityUnremitted profits and lossesPermanent capitalReportable onBCBQ-2Columns 3 & XXXXXXXXXXXX72
REPORTER’S OWN CLAIMSBCSpecific Exclusions:L.T. securities (no contractual maturity oran original maturity of over one year)Spot foreign exchange contractsDerivatives (including forwards, futures,swaps)Precious metals (e.g., gold, silver) andcurrencies in transit to or from the UU.S.Sor held outside the U.S.)U.S.DollarDollarDenominatedBQ-2,Columns 3 & 4ForeignCurrencyCurrencyDenominatedXXXXXXXX73
REPORTER’S OWN CLAIMSBCSpecific Exclusions:Securities borrowings agreements inwhich one security is borrowed in returnfor anotherCredit commitments (e.g., unused loancommitments or unused loan facilities)and contingent liabilitiesU.S.DollarDollarDenominatedBQ-2,Columns 3 & 4ForeignCurrencyCurrencyDenominatedXXXX74
TIC BC75
TIC BCREPORTER’S OWN CLAIMS ON FOREIGNERSDENOMINATED IN U.S. sForeign Bankskand ForeignOfficialInstitutionsColumn 1MillionsEuropepAustria½Grand Total“Of Which” Items:Total IBF AssetsNegotiable CDsMemorandum Item:Assets Written Off ThisReporting esOtherForeign Bankskand ForeignOfficialInstitutionsColumn 2Foreign Bankskand ForeignOfficialInstitutionsColumn 2All OtherForeignersColumn 4Foreign Bankskand ForeignOfficialInstitutionsColumn 3All OtherForeignersColumn 110 88200-976
TIC BCREPORTER’S OWN CLAIMS ON FOREIGNERSDENOMINATED IN U.S. DOLLARS“OF WHICH” COLUMN ITEMS“Of Which” ItemsForeignCountriesEuropeAustria1018-9½G dTGrandTotalt l99999999-66“Of Which Items :Total IBF Assets8300-3Negotiable CDs8110-8Memorandum Item:Assets Written Off ThisReporting Period ResaleAgreementsColumn 7Column 8Column 9MillionsMillionsMillions77
TYPES OF FOREIGNCOUNTERPARTIES9ForeignForeign Bank and Foreign Official Institutions8Columns 1, 2 & 39All Other Foreigners8Columns 4 & 578
TYPES OF INSTRUMENTS9Non-negotiable Foreign Deposits (Column 1)Reportt thRthe ffollowingll i U.S.U S dollar-denominatedd ll di t dclaims on foreign banks and Foreign OfficialInstitutions:8Depositsa Demanda Time (e(e.g.,g non-negotiablenon negotiable CDs)a Savings (including Eurodollar deposits,but excluding negotiable CDs)8B k8Brokeragebbalancesldued fromfforeignf i banksb k79
TYPES OF INSTRUMENTS9Negotiable CDs and All Short-Term NegotiableSecurities (Column 2)Report the following U.S. dollar-denominatedclaimsl ithatth t havehbeenbissuedid byb foreignf i banksb kand Foreign Official Institutions:8NegotiablegCDs (any( y maturity)y)8S.T. negotiable securities including moneymarket instruments (with an original maturityof one year or less)80
TYPES OF INSTRUMENTS9Other (Columns 3 & 5)8Column 3Report the following U.S. dollar-denominatedclaimsl ion foreignf i banksb k andd ForeignF i OfficialOffi i lInstitutions:gaFunds loaned under resale agreementsand similar financing agreementsaNon-negotiable S.T. securitiesaUnremitted profits and lossesaPermanent capital81
TYPES OF INSTRUMENTS9OtherOther (Columns 3 & 5)8Column 5RReportt ththe ffollowingll i U.S.U S dollar-denominatedd ll di t dclaims on All Other Foreigners:aFunds loaned under resale agreementsgand similar financing agreementsaNon-negotiable S.T. securitiesaBrokerage balances due from foreignsecurities brokers and dealersaUnremitted profits and lossesaPaPermanentt capitalit l82
TYPES OF INSTRUMENTS9All Short-Term Negotiable Securities (Column 4)Report the following U.S. dollar-denominatedclaims issued by foreigners other than foreignbanks and Foreign Official Institutions:8S.T. negotiable securities includingmoney market instruments (with an originalmaturityt it off one year or lless))83
“OF WHICH “ COLUMN ITEMS9”Of Which” Column Items ((Columns 7,, 8 & 9))8Foreign Official Institutions (Column 7)Report all claims included in Columns 1through 3 that are due from Foreign OfficialInstitutions84
“OF WHICH “ COLUMN ITEMS9”Of Which” Column Items (Columns 7, 8 & 9)8Own Foreign Offices (Column 8)Report all claims included in Columns 1through 5 that are due from the reporter’sreporter sown foreign Offices (both banking and nonbanking), including the reporter’s directforeign parent and any non-U.S. bankingsubsidiary or branchFor Depository Institutions:Exclude claims due from other offices of affiliatedbanks and non-bankingnon banking offices of the reporterreporter’ssparent (these claims are reportable in Columns 1through 5)85
“OF WHICH “ COLUMN ITEMS9”Of Which” Column Items (Columns 7, 8 & 9)8Resale Agreements (Column 9)Report amounts included in Columns 3 & 5that represent loans to foreigners underresale agreements or similar financingagreementsReport gross (i.e., no FIN 41 netting)86
MEMORANDUM ITEMS“OF WHICH “ ROWS9Total IBF Assets Row (row 8300-3)8ReportReport the amounts included in the Grand Totalrow (row 9999-6) which represent claims ofthe reporter’s International Banking Facilities(IBF ) on fforeigners(IBFs)igCDs Row (row(8110-8,, Column 2))9Negotiable8Report the total amount included in the GrandTotal row (row 9999-6) which representsnegotiable CDs issued by foreigners87
MEMORANDUM ITEMS““OFWHICH “ ROWS9AssetsAssets Written Off This Reporting Period Row(row 8200-9)8Report the amount of charge-offs or specificreserves forf reportablet bl claims,l itakent k partiallyti llor entirely, during the reporting period((reportpcharge-offsgonlyy duringg the periodpin which they are established)Note: Please submit a separate summarylisting the country(s), column(s), and amount(s)of the charge-offExclude general reserves88
COMMON REPORTING ERRORS9TIC BCErroneously:g brokerageg balances from Column8Omitting1,”Non-negotiable Foreign Deposits”8Reporting overnight deposits in Columns 3& 5,5 “Other”Other8Not submitting a separate statementsummarizing by country, column, and amountf AforAssetst WWrittenitt Off ThiThis RReportingti PeriodP i d(row 8200-9)89
COMMON REPORTING ERRORS9TIC BCDepository Institutions Erroneously:8IncludingIncluding claims on offices of affiliated banksand nonbanking offices of their foreign parentin “Own Foreign Offices” columns90
TIC BQ-2COLUMNS 3 & 491
TIC BQ-2, COLUMNS 3 & 4REPORTER’S OWN CLAIMS ON FOREIGNERSDENOMINATED IN FOREIGN iesEuropeAustria½Grand Total“Of Which” Items:Total IBF Liabilities/AssetsDenominated in Canadian DollarsDenominated in EurosDenominated in SterlingDenominated in YenNegotiable CDsShort-Term Negotiable SecuritiesRepurchase/Resale AgreementsOtherClaimsColumn 3Column 0-385008500-448110-88120-58400-792
TYPES OF FOREIGNCOUNTERPARTIES9ForeignersForeigners including affiliates, own foreign offices(both banking and non-banking) and unaffiliatedforeign counterparties93
TYPES OF INSTRUMENTS9 Non-negotiable Foreign Deposits (Column 3)Reportt thRthe ffollowingll i foreignf i currency-denominateddi t dclaims:8Depositsa Demanda Time (e.g., non-negotiable CDs)a Savings (excluding negotiable CDs)8Brokerage balances due from foreignforeign security brokers/dealers and foreignb kbanks94
TYPES OF INSTRUMENTS9Other Claims (Column 4)Reportt thRth
Last business day of June and December No later than the 30th calendar day following the last day of June and December S Last business day of each month No later than the 15th calendar day following the last day of the month 31 Note: If the due date of a report falls on a weekend or holiday, the due date is the following business day
