| Issue Date: | |
|---|---|
| Revised Date: | 1993-09-01 |
Object Type
Cash — Investments
Reference
Description
To record the investment of fund cash in long-term interest bearing securities and non-real estate mortgage pools, issued and administered by corporate entities. The mortgage pools are guaranteed by security collateral or insurance. This code applies to the principal value purchased which is always recorded at par value. The difference between the par value and principal cost is recorded as discount and premium.
Expenditure code 7715 includes, but is NOT limited to:
- Corp. Securities -- Long-Term, Purchase of
- Return of Retirement Contributions
Note
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | PURCHASE OF CORPORATE SECURITY-LONG TERM |
| Object Group | 07 – Investment Purchases and Amortization of Premium/Discount |
| USAS Status | A |
| Rev/Exp Category | 20 – INVESTMENTS |