Why are individually deposited loan margins presented as ranges rather than discrete values on the collateral margins table?
The margin applied to an individually deposited loan’s internally modeled fair market value estimate depends upon the type, coupon, and time to maturity of the loan. The margins for particular coupon-maturity combinations can be viewed by clicking on the margin range in the collateral margins table [MS Excel; 80K]. Is senior unsecured debt issued under the FDIC’s Temporary Liquidity Guarantee Program (TLGP) eligible to pledge for discount window or payment system risk collateral purposes? Yes. Senior unsecured debt issued under the FDIC’s TLGP program may be pledged for discount window or payment system risk purposes. May a depository institution pledge asset-backed commercial paper? Federal Reserve Banks accept investment grade commercial paper. Asset-backed commercial paper is viewed as a particular type of commercial paper and thus is eligible for consideration. Reserve Bank discount window staff may request information on the structure and/or the quality of the underlying assets in
Related Questions
- The collateral margins table shows margins for "individually deposited" and "group deposited" loans. What is the difference between "individually deposited" and "group deposited" loans?
- Why are individually deposited loan margins presented as ranges rather than discrete values on the collateral margins table?
- Can PDCs be used as collateral for a loan?
