# ASC 860-30-50: Transfers and Servicing — Secured Borrowing and Collateral — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/860/30/#50-disclosure) Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:d92a3920409239f60ef14d8d8620e242343dec6453efce5cfa3fa2c422a8b011 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 860-30-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/860/30/#50-disclosure) SEC content: no ##### [860-30-50-1](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:d53df0a458a3edf36709facecd642fccac778cbcda9ff9795c9d3ae1920c5959 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2009-16](https://asc.understandingaccounting.org/updates/asu-2009-16/). ##### [860-30-50-1A](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-1A) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:701d8b31c18ad4f45e8d70b38bc9d1852e2ffe6c3f0bf7acaaa05646c270c933 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose all of the following for [collateral](https://asc.understandingaccounting.org/glossary/c/#collateral "Personal or real property in which a security interest has been given."): 1. a If the entity has entered into [repurchase agreements](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement "An agreement under which the transferor (repo party) transfers a financial asset to a transferee (repo counterparty or reverse party) in exchange for cash and concurrently agrees to reacquire that financial asset at a future date for an amount equal to the cash exchanged plus or minus a stipulated interest factor. Instead of cash, other securities or letters of credit sometimes are exchanged. Some repurchase agreements call for repurchase of financial assets that need not be identical to the financial assets transferred.") or securities lending transactions, it shall disclose its policy for requiring collateral or other security. 2. b As of the date of the latest statement of financial position presented, both of the following: 1. 1 The carrying amount and classifications of both of the following: 1. i Any assets pledged as collateral that are not reclassified and separately reported in the statement of financial position in accordance with paragraph [860-30-25-5(a)](https://asc.understandingaccounting.org/asc/860/30/#860-30-25-5) 2. ii Associated liabilities. 2. 2 Qualitative information about the relationship(s) between those assets and associated liabilities; for example, if assets are restricted solely to satisfy a specific obligation, a description of the nature of restrictions placed on those assets. 3. c If the entity has accepted collateral that it is permitted by contract or custom to sell or repledge, it shall disclose all of the following: 1. 1 The fair value as of the date of each statement of financial position presented of that collateral 2. 2 The fair value as of the date of each statement of financial position presented of the portion of that collateral that it has sold or repledged 3. 3 Information about the sources and uses of that collateral. For overall guidance on Topic 860's disclosures, see Section 860-10-50. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose all of the following for [collateral](https://asc.understandingaccounting.org/glossary/c/#collateral "Personal or real property in which a security interest has been given."): 1. a If the entity has entered into [repurchase agreements](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement "An agreement under which the transferor (repo party) transfers a financial asset to a transferee (repo counterparty or reverse party) in exchange for cash and concurrently agrees to reacquire that financial asset at a future date for an amount equal to the cash exchanged plus or minus a stipulated interest factor. Instead of cash, other securities or letters of credit sometimes are exchanged. Some repurchase agreements call for repurchase of financial assets that need not be identical to the financial assets transferred.") or securities lending transactions, it shall disclose its policy for requiring collateral or other security. 2. b As of the date of the latest statement of financial position presented, both of the following: 1. 1 The carrying amount and classifications of both of the following: 1. i Any assets pledged as collateral that are not reclassified and separately reported in the statement of financial position in accordance with paragraph [860-30-25-5(a)](https://asc.understandingaccounting.org/asc/860/30/#860-30-25-5) 2. ii Associated liabilities. 2. 2 Qualitative information about the relationship(s) between those assets and associated liabilities; for example, if assets are restricted solely to satisfy a specific obligation, a description of the nature of restrictions placed on those assets. 3. c If the entity has accepted collateral that it is permitted by contract or custom to sell or repledge, it shall disclose all of the following: 1. 1 The fair value as of the date of each statement of financial position presented of that collateral 2. 2 The fair value as of the date of each statement of financial position presented of the portion of that collateral that it has sold or repledged 3. 3 Information about the sources and uses of that collateral. For overall guidance on Topic 860's disclosures, see Section 860-10-50. ##### [860-30-50-2](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:752ade656159a7d0a676a84d36faf90722638d90f559d67ee47506e02f8b2e1e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraphs 860-30-50-2 through 50-5 superseded by Accounting Standards Update No. 2009-16](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-2). ##### [860-30-50-6](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:1f3e45103b48268a8412fb7b7c671ec4d967734c48f18190e584d472376d5b7b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-11](https://asc.understandingaccounting.org/updates/asu-2014-11/). #### Disclosures for Repurchase Agreements, Securities Lending Transactions, and Repurchase-to-Maturity Transactions ##### [860-30-50-7](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-7) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:5dc6c9f072e87eeacd42cb9b319541f19dc727c0f1dd9c248421d037839c5997 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. To provide an understanding of the nature and risks of short-term collateralized financing obtained through [repurchase agreements](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement "An agreement under which the transferor (repo party) transfers a financial asset to a transferee (repo counterparty or reverse party) in exchange for cash and concurrently agrees to reacquire that financial asset at a future date for an amount equal to the cash exchanged plus or minus a stipulated interest factor. Instead of cash, other securities or letters of credit sometimes are exchanged. Some repurchase agreements call for repurchase of financial assets that need not be identical to the financial assets transferred."), securities lending transactions, and [repurchase-to-maturity transactions](https://asc.understandingaccounting.org/glossary/r/#repurchase-to-maturity-transaction "A repurchase agreement in which the settlement date of the agreement to repurchase a transferred financial asset is at the maturity date of that financial asset and the agreement would not require the transferor to reacquire the financial asset."), that are accounted for as secured borrowings at the reporting date, an entity shall disclose the following information for each interim and annual period about the collateral pledged and the associated risks to which the transferor continues to be exposed after the transfer: 1. a A disaggregation of the gross obligation by the class of collateral pledged. An entity shall determine the appropriate level of disaggregation and classes to be presented on the basis of the nature, characteristics, and risks of the collateral pledged. 1. 1 Total borrowings under those agreements shall be reconciled to the amount of the gross liability for repurchase agreements and securities lending transactions disclosed in accordance with paragraph [210-20-50-3(a)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) before any adjustments for offsetting. Any difference between the amount of the gross obligation disclosed under this paragraph and the amount disclosed in accordance with paragraph [210-20-50-3(a)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) shall be presented as reconciling item(s). 2. b The remaining contractual maturity of the repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions. An entity shall use judgment to determine an appropriate range of maturity intervals that would convey an understanding of the overall maturity profile of the entity's financing agreements. 3. c A discussion of the potential risks associated with the agreements and related collateral pledged, including obligations arising from a decline in the fair value of the collateral pledged and how those risks are managed. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)To provide an understanding of the nature and risks of short-term collateralized financing obtained through [repurchase agreements](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement "An agreement under which the transferor (repo party) transfers a financial asset to a transferee (repo counterparty or reverse party) in exchange for cash and concurrently agrees to reacquire that financial asset at a future date for an amount equal to the cash exchanged plus or minus a stipulated interest factor. Instead of cash, other securities or letters of credit sometimes are exchanged. Some repurchase agreements call for repurchase of financial assets that need not be identical to the financial assets transferred."), securities lending transactions, and [repurchase-to-maturity transactions](https://asc.understandingaccounting.org/glossary/r/#repurchase-to-maturity-transaction "A repurchase agreement in which the settlement date of the agreement to repurchase a transferred financial asset is at the maturity date of that financial asset and the agreement would not require the transferor to reacquire the financial asset."), that are accounted for as secured borrowings at the reporting date, an entity shall disclose the following information for each interim and annual period about the collateral pledged and the associated risks to which the transferor continues to be exposed after the transfer: 1. a A disaggregation of the gross obligation by the class of collateral pledged. An entity shall determine the appropriate level of disaggregation and classes to be presented on the basis of the nature, characteristics, and risks of the collateral pledged. 1. 1 Total borrowings under those agreements shall be reconciled to the amount of the gross liability for repurchase agreements and securities lending transactions disclosed in accordance with paragraph [210-20-50-3(a)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) before any adjustments for offsetting. Any difference between the amount of the gross obligation disclosed under this paragraph and the amount disclosed in accordance with paragraph [210-20-50-3(a)](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-3) shall be presented as reconciling item(s). 2. b The remaining contractual maturity of the repurchase agreements, securities lending transactions, and repurchase-to-maturity transactions. An entity shall use judgment to determine an appropriate range of maturity intervals that would convey an understanding of the overall maturity profile of the entity's financing agreements. 3. c A discussion of the potential risks associated with the agreements and related collateral pledged, including obligations arising from a decline in the fair value of the collateral pledged and how those risks are managed. 4. d For a [public business entity](https://asc.understandingaccounting.org/glossary/p/#public-business-entity "A public business entity is a business entity meeting any one of the criteria below. Neither a not-for-profit entity nor an employee benefit plan is a business entity. It is required by the U.S. Securities and Exchange Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements (including voluntary filers), with the SEC (including other entities whose financial statements or financial information are required to be or are included in a filing). It is required by the Securities Exchange Act of 1934 (the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC. It is required to file or furnish financial statements with a foreign or domestic regulatory agency in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer. It has issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market. It has one or more securities that are not subject to contractual restrictions on transfer, and it is required by law, contract, or regulation to prepare U.S. GAAP financial statements (including notes) and make them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet both of these conditions to meet this criterion. An entity may meet the definition of a public business entity solely because its financial statements or financial information is included in another entity's filing with the SEC. In that case, the entity is only a public business entity for purposes of financial statements that are filed or furnished with the SEC."), the weighted-average interest rate of the repurchase liability and the related repurchase liability. ##### [860-30-50-8](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-8) Pending content: no Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:9d29b336a271d5b3b660e890a4c6f4d6b560c28009bf59de6a57c16e9373665d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A reporting entity also shall disclose the information required by paragraphs [210-20-50-1 through 50-6](https://asc.understandingaccounting.org/asc/210/20/#210-20-50-1) for both of the following that are either offset in accordance with Section 210-20-45 or subject to an enforceable master netting arrangement or similar agreement: 1. a Recognized [repurchase agreements accounted for as a collateralized borrowing](https://asc.understandingaccounting.org/glossary/r/#repurchase-agreement-accounted-for-as-a-collateralized-borrowing "A repurchase agreement (repo) refers to a transaction in which a seller-borrower of securities sells those securities to a buyer-lender with an agreement to repurchase them at a stated price plus interest at a specified date or in specified circumstances. A repurchase agreement accounted for as a collateralized borrowing is a repo that does not qualify for sale accounting under Topic 860. The payable under a repurchase agreement accounted for as a collateralized borrowing refers to the amount of the seller-borrower's obligation recognized for the future repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a reverse repo.") and [reverse repurchase agreements accounted for as a collateralized borrowing](https://asc.understandingaccounting.org/glossary/r/#reverse-repurchase-agreement-accounted-for-as-a-collateralized-borrowing "A reverse repurchase agreement accounted for as a collateralized borrowing (also known as a reverse repo) refers to a transaction that is accounted for as a collateralized lending in which a buyer-lender buys securities with an agreement to resell them to the seller-borrower at a stated price plus interest at a specified date or in specified circumstances. The receivable under a reverse repurchase agreement accounted for as a collateralized borrowing refers to the amount due from the seller-borrower for the repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a repo.") 2. b Recognized securities borrowing and securities lending transactions. #### Disclosures for Counterparty Risk for Repurchase Agreements, Securities Lending Transactions, and Repurchase-to-Maturity Transactions ##### [860-30-50-9](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-9) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:1889f51f0d1ca3e22ac4ed8ff07cb02535c2f2e7a2525447a541a75999b0fbae Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)If as of the date of the most recent statement of financial position the amount at risk under repurchase agreements or the amount at risk under reverse repurchase agreements with any individual counterparty or group of related counterparties exceeds 10 percent of stockholders’ equity, an entity shall disclose the name(s) of those counterparties or group of related counterparties, the amount at risk with each, and the weighted-average maturity of the repurchase agreements or reverse repurchase agreements with each. ##### [860-30-50-10](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-10) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:7b6ec1ea763c6c14b2c41011919c6dd91f92c89262a42f61b5829f7b16303e6c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)As used in this Subtopic, the amount at risk under repurchase agreements is the excess of the carrying amount (or market value, if higher than the carrying amount or if there is no carrying amount) of the securities or other assets sold under agreement to repurchase, including accrued interest plus any cash or other assets on deposit to secure the repurchase obligation, over the amount of the repurchase liability (adjusted for accrued interest). ##### [860-30-50-11](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-11) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:1d63d3a4a0300a905d7cad211f4efe4aa8ddd2a82459c56100e78d36e7daaa64 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)As used in this Subtopic, the amount at risk under reverse repurchase agreements is the excess of the carrying amount of the reverse repurchase agreements over the market value of assets delivered in accordance with the agreements by the counterparty to an entity (or to a third-party agent that has affirmatively agreed to act on behalf of the entity) and not returned to the counterparty, except in exchange for their approximate market value in a separate transaction. ##### [860-30-50-12](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-12) Pending content: yes Source downloaded (UTC): 2026-09-10T02:07:22.316Z to 2026-09-10T02:07:22.316Z Record version: sha256:e56ca15f0a5850c2be1fdc7cdb3543c15cc4da1d333d1b40e8de47a3d9dca171 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) June 30, 2027; (N) June 30, 2027Transition guidance: [105-10-65-7](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-7)If the aggregate carrying amount of reverse repurchase agreements exceeds 10 percent of total assets as described in paragraph [860-30-45-2A](https://asc.understandingaccounting.org/asc/860/30/#860-30-45-2A), an entity shall disclose whether there are any provisions to ensure that the market value of the underlying assets remains sufficient to protect the entity in the event that the counterparty defaults and, if so, the nature of those provisions.