How is TLGP treated?
Since debt issued under the TLGP is backed by the full faith and credit of the United States pursuant to section 15(d) of the Federal Deposit Insurance Act, it should be reported in row 13. When reporting TLGP debt, banks should make sure that these debt securities are within the guarantee period. “The program covers all newly issued senior unsecured debt issued by eligible entities after Oct. 13, 2008, and before July 1, 2009. For banks that do not opt out of the program, the new debt issued before July 2009 will be protected to maturity or June 30, 2012, whichever is earlier. In no event would the guarantee extend beyond June 30, 2012.” Please clearly identify the amount of such holdings in a document separate from the template. Where should assets under the category of “Securities Borrowed” for equities be listed? Line 209 mentions “Securities Borrowed or Purchased under Agreements to Resell with Remaining Maturity < 1 Year." Is this the right line? Line 209 is the correct row. With
