Category: Treasury

Any organization that is principally engaged in producing goods or nonfinancial services. This sector excludes Federal, state, and local governments; however it includes agencies and instrumentalities of governments such as utilities that produce goods or non-financial services that are not strictly governmental in nature in exchange for money.

Businesses and institutions other than banks and other depository institutions, that are primarily engaged in proprietary investments and/or in the provision of financial services to other organizations and households. These services include, but are not limited to financial services whose functions are predominantly: the extending of credit for business purposes, brokerage services, underwriting services, financial… Continue reading NON-BANK FINANCIAL INSTITUTIONS (NBFI)

Net settlements include all cash receipts and payments for the purchase, sale, or final closeout of derivatives, as well as all payments according to the terms of derivative contracts such as periodic payments under the terms of a swap agreement or daily payments for an exchange-traded contract. Do not report as settlements the value of… Continue reading NET SETTLEMENTS

A negotiable (transferable) instrument or deposit in book entry form evidenced by a receipt or similar acknowledgement issued by a bank, which provides on its face that the amount of such deposit is payable to bearer or any specified person (e.g., deposit notes, bank notes). Negotiable certificates of deposit are not considered securities on the… Continue reading NEGOTIABLE CERTIFICATE OF DEPOSIT

Institutions owned by foreign central governments that are classified as banks in their respective countries. Nationalized banks are classified as foreign private commercial banks. However, a nationalized bank is classified as a foreign official institution when it performs the functions of a central bank.

Debt securities issued by state and local governments.

Manager of a pool of money such as a, but not limited to, mutual fund, pension fund, insurance fund, bank-pooled fund or hedge funds.

Debt security with no contractual maturity or with an original maturity of more than one year.

No contractual maturity or an original maturity of more than one year. Long-term securities are securities without a stated maturity date (such as equities) or with an original term-to-maturity greater than one year.

An arrangement whereby one party (the loan servicer) agrees to collect payments from borrowers on behalf of the holder(s) of the loan. The loan servicer may be the originator of the loans, or may be another institution. The loan servicer/administrative agent should report the outstanding loans to U.S. resident borrowers owed to foreign residents on… Continue reading LOAN SERVICING ARRANGEMENTS, LOAN SERVICER