Should securities involved in repurchase and securities lending arrangements be reported on TIC Form S?
A. No. Transactions whereby the ownership of a security is transferred in return for collateral under condition that the security or a similar security will revert to its original owner at a future date, should not be reported on TIC Form S. Funds lent or borrowed as part of these transactions should be reported on the TIC B or TIC CQ-1 reports. Additional information is available on the TIC website on TIC B (http://www.treas.gov/tic/forms-b.html) and on TIC CQ-1 (http://www.treas.gov/tic/forms-c.html).
