February 14, 2005
BSP MEMORANDUM
| TO | : | All Universal (UBs), Commercial (KBs) and Thrift (TBs) Banks |
Section 2 of Circular 448 dated 3 September 2004 provides for the amendment of the Manual of Accounts for Universal Banks, Commercial Banks as well as the Manual of Accounts for Thrift Banks so as to create subsidiary ledger accounts under the general ledger "Investment in Bonds and Other Debt Instruments."
To implement the aforesaid section, the General Ledger and the monthly Consolidated Statement of Condition of Universal Banks, Commercial Banks and Thrift Banks are hereby further amended to include the following accounts:
| Universal/Commercial | |||||
| Banks | Thrift Banks | ||||
| Accounts Title | CSOC | CSOC | |||
| GL Code | Record | GL Code | Record | ||
| No. | No. | ||||
| a. | Investments in Bonds and Other | ||||
| Debt Instruments Lent Under | |||||
| Securities Lending Agreement | 1-3-50-08 | 632 | 1-3-50-08 | 381 | |
| (Foreign Regular and | |||||
| FCDU/EFCDU Books) | |||||
| b. | Investment in Bonds and Other | ||||
| Debt Instruments Sold Under | 1-3-50-10 | 633 | 1-3-50-10 | 382 | |
| Repurchase Agreements (Foreign | |||||
| Regular and FCDU/EFCDU Books) | ...
AIC Grande Tower Garnet Road
Mobile No. +639451244898 |
