RCFDG431: Over the Counter Derivatives: Fair Value of Collateral: Cash Other Currencies - Sovereign Governments
RCFDG431 is the call report code for over the counter derivatives: fair value of collateral: cash other currencies - sovereign governments, reported on Schedule RC-L, Derivatives and Off-Balance-Sheet Items (FFIEC 031 Schedule RC-L, item 16.b.(2)). For Q2 2026, 50 banks reported it, totaling $9.71B; the median among the 8 with a nonzero amount was $269.0M. The largest value reported for Q2 2026 was $4.63B, by JPMorgan Chase Bank, N.A.
Definition
Report in the appropriate counterparty column in U.S. dollar equivalents the total of all cash denominated in non-U.S. currency held on deposit in the bank or by third party custodians on behalf of the bank that provide protection to the bank against counterparty risk on OTC derivatives.
Source: Federal Reserve Micro Data Reference Manual (MDRM). The FFIEC call report instructions remain the authority on how to report the item.
Where RCFDG431 sits on the call report
| Code | RCFDG431 (prefix RCFD, item G431) |
|---|---|
| Prefix RCFD | The consolidated bank, domestic and foreign offices, reported by FFIEC 031 filers (banks with foreign offices). |
| Schedule | RC-L, Derivatives and Off-Balance-Sheet Items |
| Line item | FFIEC 031 Schedule RC-L, item 16.b.(2); FFIEC 041 Schedule RC-L, item 16.b.(2) |
| Reported on | FFIEC 031 |
| Value | Dollar amount, reported in thousands, as of the quarter end |
| In the MDRM since | 2009 |
Largest reported values, Q2 2026
| Bank | Headquarters | RCFDG431 |
|---|---|---|
| JPMorgan Chase Bank, N.A. | Columbus, OH | $4.63B |
| Citibank, N.A. | Sioux Falls, SD | $3.91B |
| Bank of America, N.A. | Charlotte, NC | $456.0M |
| Morgan Stanley Bank, N.A. | Salt Lake City, UT | $314.0M |
| Wells Fargo Bank, N.A. | Sioux Falls, SD | $224.0M |
| Goldman Sachs Bank USA | New York, NY | $104.0M |
| State Street Bank and Trust Company | Boston, MA | $75.0M |
| HSBC Bank USA, N.A. | Tysons, VA | $4.4M |
Total reported by quarter
| Quarter end | Banks reporting | Total reported |
|---|---|---|
| June 30, 2026 | 50 | $9.71B |
| March 31, 2026 | 50 | $9.37B |
| December 31, 2025 | 49 | $11.22B |
| September 30, 2025 | 49 | $12.14B |
| June 30, 2025 | 49 | $13.00B |
| March 31, 2025 | 50 | $8.53B |
| December 31, 2024 | 51 | $7.97B |
| September 30, 2024 | 51 | $9.36B |
Related
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