The information in the OID list can be used by brokers and other middlemen to prepare information returns for 2001.

If you own a listed debt instrument, you generally should not rely on the information in the OID list 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.

The following discussions explain what information is contained in each section of the list.

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.

When this publication was being prepared for print, the OID on inflation-indexed instruments for 2001 was not available. Section I-C, Inflation-Indexed Debt Instruments, is not included in this publication. See Publication 553, Highlights of 2001 Tax Changes, for the OID on inflation-indexed instruments for 2001.

For each publicly offered debt instrument in Section I, the list contains the following information.

• The name of the issuer.
• The Committee on Uniform Security Identification Procedures (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, 2001.
  (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 2001 and 2002.
• The total OID per $1,000 of principal or maturity value for calendar years 2001 and 2002.

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 Separate Trading of Registered Interest and Principal of Securities (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 2001 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.

Information that supplements Section III-A is available on the Internet at www.publicdebt.treas.gov.

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 2001 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.

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