Where to report GIC's on 8854

[exPenn]

I am new to this forum. Don't know if this question has been asked before, but I have not been able to find it in previous posts. My wife is a dual US/Canadian. 3 years ago, I filed her back US tax returns and FBAR's (no tax was ever owed). However, the bureaucracy is becoming greater each year, and with FATCA starting next year, we have decided that now may be the time to expatriate. I am working my way through Form 8854 (she would not be a covered expatriate). My question is: on the Balance Sheet in Part V for determining net worth, where should I list GIC's (held jointly) issued by Canadian banks or trustco's? There would seem to be 3 possibilities:
1) Lump them in with bank deposits on line 1. "Cash including bank deposits",
2) List them on line 3. "Marketable stock and securities issue by foreign companies". I don't know if a GIC is considered a security, or since it is locked in until maturity, whether it is marketable, OR
3) List them on line 5. "Nonmarketable stock or securities issued by foreign companies", although I don't know what is meant by "controlled foreign corporations" in Line 5a.
Any opinions?

[nelsona]

GIC's are deposits.

[exPenn]

Thanks for the reply. A follow-up question: Should I report the value of a GIC in column (a) as the Principal plus the interest accrued up to the date of expatriation, and the basis of a GIC in column (b) as just the Principal? While you doesn't actually receive the interest until maturity, you have to report the accrued interest every year on both Canadian and US returns.

[nelsona]

Just to clarify, in US , you do NOT have to report the interest annually on accrued but not recieved interest. You can, but you do not have to, like you do in Canada.

I would report the cash value, that is, incuding the accrued interest up to the time of filing.