The classification of a security as either
held to maturity, available for sale or trading security occurs at the time of acquisition and must be reexamined at each reporting date.
Fitch acknowledges that in the current market environment, portfolio MtoM shadow pricing with references to available market quotations may not necessarily arrive at a fair value of the fund's portfolio, if the fund holds high-quality short-term securities that reasonably can be expected to be
held to maturity in the face of redemption activity.
It requires companies to classify all securities investments that are not accounted for under the equity method into three categories: trading, available for sale or
held to maturity.
Those investments in debt securities that are classified as being
held to maturity need to be reported in the statement of financial position as either current or noncurrent and measured at amortized cost.
Treasuries are guaranteed by the government for repayment of principal and interest if
held to maturity.
115 specified the accounting for investments in equity securities with readily determinable fair values and for all debt securities, classifying these investments in three categories--debt securities to be
held to maturity, debt and equity securities held mainly to be sold in the near term and other debt and equity securities.
The prior note had a maturity date of November 29, 2008, accrued interest at a base rate of 6%, together with premium payments of between 9% initially and increasing to 27% if the note was
held to maturity.
These contracts can either be
held to maturity or sold into the secondary market in which local and regional banks, credit unions, and high net worth investors acquire loan portfolios.
NYSE: SCH) today announced the introduction of two new equity-linked certificates of deposit that offer 100% return of principal when
held to maturity.
A write-down to a new cost basis will be recorded in earnings for securities classified as either available for sale or
held to maturity that have an other than temporary decline in fair market value below amortized cost.
The increase in total assets was primarily attributable to increases in investment securities
held to maturity, securities held as available for sale and other assets, offset in part by decreases in loans receivable net, mortgage-backed securities ("MBSs")
held to maturity, and cash and cash equivalents.
The Financial Accounting Standards Board issued an exposure draft proposing expanded use of fair value accounting for investments in debt and equity securities, while retaining the use of the amortized cost accounting for debt securities being
held to maturity.
