Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official. 
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure. 
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
INACTIVE
This page is no longer active. Its content has expired or been rescinded by the FDIC.

Temporary Liquidity Guarantee Program Guidance to Periodic Debt Balance Reporting

Liquidity, Funds Management, and Sensitivity to Risk
January 12, 2009
Summary: On November 21, 2008, the FDIC's Board of Directors approved the final rule on the Temporary Liquidity Guarantee Program (TLG Program), which was announced on October 14, 2008 (see FIL 132-2008 ). The TLG Program includes a guarantee of newly issued senior unsecured debt of banks, thrifts and certain holding companies (the Debt Guarantee Program). Each entity that participates in the Debt Guarantee Program must report, on a monthly basis, all FDIC-guaranteed debt outstanding in accordance with the signed Master Agreements. This reporting is in addition to the individual debt instrument reporting (see FIL 139-2008 ).

Highlights:
  • All participating entities that have not opted out of the Debt Guarantee Program of the TLG Program must submit reports of all outstanding FDIC-guaranteed debt in accordance with the signed Master Agreement, regardless of outstanding balance.
  • By the thirtieth calendar day following the end of the month, all participating entities must report through FDIC connect the total amount of all outstanding FDIC-guaranteed debt as of the preceding month's end.
  • Each entity must also indicate whether it has issued any non-guaranteed debt during the reporting period.
  • The participating entity must certify that all information provided is accurate.

Distribution:
All FDIC-insured Institutions

Suggested Routing:
Chief Executive Officer
Chief Financial Officer
Compliance Officer

Note:
FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/financial-institution-letters/2009/index.html .

To receive FILs electronically, please visit http://www.fdic.gov/about/subscriptions/fil.html .

Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 3501 Fairfax Drive, E-1002, Arlington, VA 22226 (1-877-275-3342 or 703-562- 2200).

FIL-2-2009

Attachment(s)

Debt Reporting Instructions

Contact(s)

Temporary Liquidity Guarantee Program

Last Updated: January 12, 2009