1

Bulletin No. 2016-07 IRC Handout 4/20/17 

Exchange Stabilization Fund Changes

Proposed New USSGL Account 2017:

Account Title: Interest Collected From Foreign Securities and Special Drawing Rights (SDR)

Account Number: 426800

Normal Balance: Debit

Definition: The amount of interest collected during the fiscal year from foreign securities. The amount of the net 

change consisting of interest, charges and assessments related to SDR’s. Although the normal balance in this

account is a debit, it is acceptable in certain instances for this account to have a credit balance when a loss is 

recognized. This USSGL account is to be used only by the Department of the Treasury.

Justification: The Exchange Stabilization Fund is now incurring negative interest in their foreign investments.

Attribute Table Changes for FY 2017:

USSGL 

Acct.

USSGL Account Title Antici

pated

Budg

/Prop

Norm

Bal

Begin

/End

Debit/

Credit

Auth

Type

Code

Apport

Cat

Apport

Cat B

426800 Interest Collected From Foreign 

Securities and Special Drawing Rights

N B D E D/C

USSGL 

Acct.

Avail

Time

BEA

Cat

Budgetary

Impact

Indicator

Cohort

Yr

Cust/

Noncust

Exch/

Nonexch

Fed/

NonFed

Trading

Ptnr

Trading

Pntr

Main

PY

Adj

Program

Indicator

426800 M B/P/X

USSGL 

Acct.

Program

Rpt Cat

Reimb

Flag

Year

of BA

Reduction

Type

Fund

Type

Reporting

Type Code

Financing

Account

Code

TAS

Status

Trans

Code

426800 EP U N U N

USSGL 

Account

SF 

133

Schedule 

P

Bal 

Sheet

Stmt of 

Net 

Cost

Stmt of 

Changes in 

Net Pos

Stmt of 

Cust 

Activ

Stmt of 

Budg

Res

Reclass 

Stmts

426800

Lines 

1020 

1800 

4123

Lines

1020

1800

4123 N/A N/A N/A N/A

Lines

1890

4176

4187 N/A

Validation #53 that is for ESF will also be updated for 426800.
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Bulletin No. 2016-07 IRC Handout 4/20/17 

Changes to Existing ESF USSGL account 2017

Account Title: Other Gains for Accrued Special Drawing Right (SDR) Exchange Stabilization 

Fund (ESF) Accrued Interest and Charges

Account Number: 719100

Normal Balance: Credit

Definition: When SDR interest rate changes, accrued SDR interest/charges reflect a gain in the 

following circumstances: if interest rates increase, the gain is recorded in SDR interest; if interest 

rates decrease, then a gain is recorded in SDR charges. This USSGL account is to be used only 

by the Department of the Treasury.

When the Special Drawing Right (SDR) and foreign exchange rates change, accrued SDR 

interest/charges and accrued interest on foreign securities reflect a gain in the following 

circumstances: if the SDR-USD, Euro-USD, or Yen-USD exchange rate increases, a gain is 

recorded on SDR accrued interest and accrued interest on foreign securities as applicable; 

if the SDR-USD exchange rate decreases, a gain is recorded on accrued SDR charges. This 

USSGL account is to be used only by the Department of Treasury.

Justification: To expand on the definition.

Account Title: Other Losses for Accrued Special Drawing Right (SDR) Exchange 

Stabilization Fund (ESF) Accrued Interest and Charges

Account Number: 729100

Normal Balance: Debit

Definition: When SDR interest rates change, accrued interest/charges result in a loss in the 

following circumstances: if interest rates decrease, then a loss is recorded in SDR interest; if 

interest rates increase, then a loss is recorded in SDR charges. This USSGL account is to be used 

only by the Department of the Treasury.

When the Special Drawing Right (SDR) and foreign exchange rates change, accrued SDR 

interest/charges and accrued interest on foreign securities reflect a loss in the following 

circumstances: if the SDR-USD, Euro-USD, or Yen-USD exchange rate decreases, a loss is 

recorded on SDR accrued interest and accrued interest on foreign securities as applicable; 

if the SDR-USD exchange rate increases, a loss is recorded in SDR accrued charges. This 

USSGL account is to be used only by the Department of Treasury.

Justification: To expand on the definition.
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Bulletin No. 2016-07 IRC Handout 4/20/17 

There are changes to 16 Transaction Codes

B210 To record the payment of remuneration. 

Comment: For the Department of Treasury use only. Due to the unique budgetary reporting by 

the Exchange Stabilization Fund, no outlay is reported. 

Reference: Other Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Debit 490100 Delivered Orders - Obligations, Unpaid 

Credit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Credit 426800 Interest Collected From Foreign Securities and Special Drawer 

Rights

Proprietary Entry 

Debit 211000 Accounts Payable 

Debit 633800 Remuneration Interest 

Credit 161000 Investments in U.S. Treasury Securities Issued by the Bureau of the Fiscal Service

B446 To record the IMF Annual Assessment. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 490100 Delivered Orders - Obligations, Unpaid 

Credit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Credit 426800 Interest Collected From Foreign Securities and Special Drawer 

Rights

Proprietary Entry 

Debit 211000 Accounts Payable 

Debit 679000 Other Expenses Not Requiring Budgetary Resources

Credit 119400 Exchange Stabilization Fund Assets - Holdings of Special Drawing Rights 

Credit 610000 Operating Expenses/Program Costs
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Bulletin No. 2016-07 IRC Handout 4/20/17 

C113 To record receipt of coupon payment and interest collection on non-federal securities. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120900 Uninvested Foreign Currency 

Debit 167000 Foreign Investments 

Credit 134200 Interest Receivable – Investments

C115 To record interest payments received from ESF foreign currency investments for Time 

Deposits, Overnight Deposits, and Reverse Repurchase Agreements. 

Comment: For the Department of the Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120500 Foreign Currency Denominated Equivalent Assets 

Credit 138400 Interest Receivable - Foreign Currency Denominated Assets

C119 To record the receipt of remuneration. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 119400 Exchange Stabilization Fund Assets - Holdings of Special Drawing Rights 

Credit 579000 Other Financing Sources
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Bulletin No. 2016-07 IRC Handout 4/20/17 

C126 To record maturity and reversing interest accrual for Exchange Stabilization Fund 

investments. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120900 Uninvested Foreign Currency 

Credit 120500 Foreign Currency Denominated Equivalent Assets 

Credit 134200 Interest Receivable - Investments 

Credit 138400 Interest Receivable - Foreign Currency Denominated Assets 

Credit 167000 Foreign Investments

C127 To record the maturity of non-federal Exchange Stabilization Fund securities (long-term 

bonds) sold at PAR and receive a coupon payment. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120900 Uninvested Foreign Currency 

Credit 134200 Interest Receivable - Investments 

Credit 167000 Foreign Investments
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Bulletin No. 2016-07 IRC Handout 4/20/17 

C157 To record the capitalization of interest on Exchange Stabilization Fund foreign currency 

investments. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120500 Foreign Currency Denominated Equivalent Assets 

Credit 138400 Interest Receivable - Foreign Currency Denominated Assets

C419 To record accrual of interest receivable on non-federal securities with a bond premium. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Credit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Credit 426800 Interest Collected From Foreign Securities and Special Drawer 

Rights

Proprietary Entry 

Debit 134200 Interest Receivable - Investments 

Credit 167200 Premium on Foreign Investments 

Credit 531100 Interest Revenue – Investments
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Bulletin No. 2016-07 IRC Handout 4/20/17 

C423 To record accrual of interest receivable on non-federal securities with a bond discount. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 134200 Interest Receivable - Investments 

Debit 167100 Discount on Foreign Investments 

Credit 531100 Interest Revenue – Investments

C600 To record the sale of non-federal securities (long-term bonds) by the Exchange 

Stabilization Fund at a premium 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120900 Uninvested Foreign Currency 

Credit 134200 Interest Receivable - Investments 

Credit 167000 Foreign Investments 

Credit 167200 Premium on Foreign Investments
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Bulletin No. 2016-07 IRC Handout 4/20/17 

C601 To record the sale of non-federal securities (long-term bonds) by the Exchange 

Stabilization Fund at a discount. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 120900 Uninvested Foreign Currency 

Debit 167100 Discount on Foreign Investments 

Credit 134200 Interest Receivable - Investments 

Credit 167000 Foreign Investments

D610 To record the realized gain from the revaluation to US dollars for Special Drawing Right 

allocations. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 490100 Delivered Orders - Obligations, Unpaid

Debit 497100 Downward Adjustments of Prior-Year Unpaid Delivered Orders -

Obligations, Recoveries

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 219300 Allocation of Special Drawing Rights (SDRs) 

Credit 719000 Other Gains
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Bulletin No. 2016-07 IRC Handout 4/20/17 

D612 To record SDR interest and charges accrual with a net effect of an unrealized gain. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Credit 490100 Delivered Orders - Obligations, Unpaid 

Credit 498100 Upward Adjustments of Prior-Year Delivered Orders - Obligations, 

Unpaid

Proprietary Entry 

Debit 134400 Interest Receivable on Special Drawing Rights 

Debit 633000 Other Interest Expenses 

Debit 729100 Other Losses for Accrued Special Drawing Right (SDR) Interest and Charges

Credit 214000 Accrued Interest Payable - Not Otherwise Classified 

Credit 531100 Interest Revenue - Investments 

Credit 719100 Other Gains for Accrued Special Drawing Right (SDR) Interest and 

Charges

D614 To record SDR interest and charges accrual with a net effect of an unrealized loss. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Credit 490100 Delivered Orders - Obligations, Unpaid 

Credit 498100 Upward Adjustments of Prior-Year Delivered Orders - Obligations, 

Unpaid

Proprietary Entry 

Debit 134400 Interest Receivable on Special Drawing Rights 

Debit 633000 Other Interest Expenses 

Debit 729100 Other Losses for Accrued Special Drawing Right (SDR) Interest and Charges 

Credit 214000 Accrued Interest Payable - Not Otherwise Classified 

Credit 531100 Interest Revenue – Investments

Credit 719100 Other Gains for Accrued Special Drawing Right (SDR) Interest and 

Charges
10

Bulletin No. 2016-07 IRC Handout 4/20/17 

D616 To record the tru up of Special Drawing right interest accrual and charges for the Quarter. 

Comment: For the Department of Treasury use only. 

Reference: Other USSGL Guidance: Accounting and Reporting Exchange Stabilization Fund 

Budgetary Entry 

Debit 426600 Other Actual Business-Type Collections From Non-Federal Sources 

Debit 426800 Interest Collected From Foreign Securities and Special Drawer Rights

Debit 490100 Delivered Orders - Obligations, Unpaid 

Debit 497100 Downward Adjustments of Prior-Year Unpaid Delivered Orders -

Obligations, Recoveries

Credit 463500 Funds Not Available - Adjustments to the Exchange Stabilization Fund 

Proprietary Entry 

Debit 119400 Exchange Stabilization Fund Assets - Holdings of Special Drawing Rights 

Debit 214000 Accrued Interest Payable - Not Otherwise Classified 

Credit 134400 Interest Receivable on Special Drawing Rights