REPORT COLLECTS INFORMATION FROM A
SUBSET OF THE LARGEST COMMERCIAL BANKS THAT FILE THE FR 2416 REPORT
ON THE MATURITY DISTRIBUTION OF OUTSTANDING CD'S THAT ARE REPORTED
IN MEMO ITEM 1.A. OF THE FR 2416. THIS INFORMATION IS USED IN
FEDERAL RESERVE DELIBERATIONS ON CHANGES TO REGULATIONS Q (CEILING
RATES) AND D (RESERVE REQUIREMENTS) BASED ON SIZE AND MATURITY OF
DEPOSITS. THESE DATA ARE ALSO USED FOR SUPERVISORY PURPOSES IN THE
ANALYSIS OF BANK LIQUIDITY.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.