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 20
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