Two separate financial instruments projects are on tap for discussion at the Financial Accounting Standards Board's May 9, 2012 meeting. According to FASB's calendar, the board was set to discuss
Financial Instruments: Impairment (application of the “three-bucket” impairment model to modifications of debt instruments), and
Financial Instruments: Liquidity and Interest Rate Risk Disclosures.
Results of FASB board meetings are generally posted same-day or next-day in a Summary of Board Decisions in FASB's News Center.