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Temporary Liquidity Guarantee Program: Debt Guarantee Program - Debt Instrument Reporting
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12/08/2008
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Description:On November 21, 2008, the FDIC Board of Directors adopted the final rule implementing the Temporary Liquidity Guarantee Program (TLG Program) (see FIL-132-2008), which was announced on October 14, 2008. The TLG Program includes a guarantee of newly issued senior unsecured debt of banks, thrifts, and certain holding companies (the Debt Guarantee Program). Entities that participate in the Debt Guarantee Program are required to notify the FDIC of any guaranteed debt issuance(s) and to pay the associated assessment premiums.
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Content Notes:Peer to FIL-132-2008. Guidance on Debt Instrument Reporting Requirements attachment is attached to PDF Version
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Release Date:12/08/2008
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Update Date:10/18/2013
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Withdrawn Date:Not Available.
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Agencies Involved:Federal Deposit Insurance Corporation (FDIC)
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Source:FDIC Website
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Memorandum To:All FDIC-Insured Institutions
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FIL Number:FIL-139-2008
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