How can a depository institution monitor its collateral value on an ongoing basis?
An institution can review its collateral statements to determine the total value of its collateral as well as the collateral value for individual assets. An institution can contact its Reserve Bank to sign up for electronic delivery of its collateral statements. As part of the initiative to implement changes to the Payment System Risk policy in late 2010 or early 2011, the Federal Reserve is also developing enhancements to provide institutions with improved access to information on collateral pledged to their Federal Reserve Bank.