BSP Memorandum

February 14, 2005 BSP MEMORANDUM TO : All Universal (UBs), Commercial (KBs) and Thrift (TBs) Banks Section 2 of Circular 448 dated 3 September 2004 provides for the amendment of the Manual of Accounts for Universal Banks, Commercial Banks as well as the Manual of Accounts for Thrift Banks so as to create subsidiary ledger accounts under the general ledger "Investment in Bonds and Other Debt Instruments." To implement the aforesaid section, the General Ledger and the monthly Consolidated Statement of Condition of Universal Banks, Commercial Banks and Thrift Banks are hereby further amended to include the following accounts: Universal/Commercial Banks Thrift Banks Accounts Title CSOC CSOC GL Code Record GL Code Record No. No. a. Investments in Bonds and Other Debt Instruments Lent Under Securities Lending Agreement 1-3-50-08 632 1-3-50-08 381 (Foreign Regular and FCDU/EFCDU Books) b. Investment in Bonds and Other Debt Instruments Sold Under 1-3-50-10 633 1-3-50-10 382 Repurchase Agreements (Foreign Regular and FCDU/EFCDU Books) The format of the amended reports are attached under Annexes A and A.1 for Universal and Commercial Banks and Annexes B and B.1 for Thrift Banks. IcTaAH The revised General Ledger and Consolidated Statement of Condition will be implemented effective for reports as of 28 February 2005. For compliance. (SGD.) ALBERTO V. REYES Deputy Governor ANNEX A General Ledger Template ANNEX A.1 Consolidated Statement of Condition ANNEX B TB General Ledger Template ANNEX B.1 Consolidated Statement of Condition