Publication 1212 |
2000 Tax Year |
Information in the OID List
The list has the following sections.
Section I.
This section contains publicly offered, long-term debt instruments.
Section I-A lists corporate debt instruments issued
before 1985. Section I-B lists debt instruments
issued after 1984. Section I-C lists
inflation-indexed debt instruments issued after January 5, 1997.
For each publicly offered debt instrument in Section I,
the list contains the following information.
- The name of the issuer.
- The CUSIP number.
- The issue date.
- The maturity date.
- The issue price expressed as a percent of principal or of
stated redemption price at maturity.
- The annual stated or coupon interest rate. (This rate is
shown as 0.00 if no annual interest payments are provided.)
- The total OID up to January 1, 2000.
(This information is not available for every instrument.)
- For long-term instruments issued after July 1, 1982, the
daily OID for the accrual periods falling in calendar years 2000 and
2001.
- The total OID per $1,000 of principal or maturity value for
calendar years 2000 and 2001.
See Table 1 on the page preceding Section I-A
for an explanation of these items.
Section II.
This section contains stripped obligations available through the
Department of the Treasury's STRIPS program and government-sponsored
enterprises such as the Resolution Funding Corporation. This section
also includes instruments backed by U.S. Treasury securities that
represent ownership interests in those securities.
The obligations listed in Section II are arranged by
maturity date. The amounts listed are the total OID for calendar year
2000 per $1,000 of redemption price.
Section III.
This section contains short-term discount obligations. Section
III-A lists Treasury bills (T-bills), which are short-term
discount obligations issued by the U.S. Treasury Department.
Sections III-B through III-G contain
short-term discount obligations issued by the Student Loan Marketing
Association, Federal Home Loan Banks, the Federal National Mortgage
Association, Federal Farm Credit Banks, the Federal Home Loan Mortgage
Corporation, and the Federal Agricultural Mortgage Corporation.
The short-term obligations listed in this section are arranged by
maturity date. For each obligation, the list contains the CUSIP
number, maturity date, issue date, issue price (expressed as a percent
of principal), and discount to be reported as interest for calendar
year 2000 per $1,000 of redemption price. Brokers and other middlemen
should rely on the issue price information in Section III
only if they are unable to determine the price actually paid by
the owner.
Brokers and other middlemen can rely on the information in the OID
list to prepare information returns for 2000. However, if you own a
listed debt instrument, you should not rely on this
information to determine (or compare) the OID to be reported on your
tax return. The OID amounts listed are figured without reference to
the price or date at which you acquired the debt instrument. For
information about determining the OID to be reported on your tax
return, see the instructions for figuring OID under Information
for Owners of OID Debt Instruments, later.
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