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Search results with tag "Collateral guide for public funds"
Collateral Guide for Public Funds
www.fiscal.treasury.govA collateral deficiency occurs when the current collateral value is less than the account’s ATBC. Collateral deficiencies may occur in a 202 program collateral account for the following reasons: • Collateral held in the account received a periodic principal paydown (e.g., mortgage-backed securities or asset -backed securities)