Question
Go to the FDIC website at www.fdic.gov and find the total amount of unused commitments and letters of credit and the notional value of interest
Go to the FDIC website at www.fdic.gov and find the total amount of unused commitments and letters of credit and the notional value of interest rate swaps of FDIC-insured commercial banks for the most recent quarter available using the following steps. Click on Analysts. From there click on Statistics on Banking. Next click on Assets and Liabilities and Run Report. Select Total Unused Commitments, then Letters of Credit, and finally Derivatives to get the relevant data. This will bring the three files onto your computer that contain the relevant data. What is the dollar value increase in these amounts over the first-quarter 2012 values reported in Table 164?
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