Document ID: chunk:federal_register_of_legislation:F2015L01998:body:0:p6
Version: federal_register_of_legislation:F2015L01998
Segment Type: other
Provision Reference: 
Character Range: 16167–19253

or down to the nearest thousand dollars.

Items on SRF 721.0 are to be reported on a gross basis except where otherwise indicated.

Items on SRF 721.0 are to be reported on an unconsolidated basis.

In national accounting, consolidation refers to the elimination of transactions which occur between two transactors belonging to the same institutional sector or subsector. In a commercial accounting sense, this process is applied to entities where a parent/subsidiary relationship exists.[8]

Where repurchase or resale agreements involve different types of security, report the repurchase or resale agreements separately and do not net against each other, even when contracted with the same counterparty.

Assets and liabilities denominated in currencies other than AUD are to be converted to AUD using the mid-point rate (of market buying and selling spot quotations) effective as at the end of the reporting period. An RSE licensee is free to use those AUD exchange rates that it judges to be representative closing mid-market rate as at the end of the reporting period. However, to ensure consistency across related returns and to assist in the reconciliation between these returns, an RSE licensee should attempt to use the same exchange rate across all returns to APRA.

Note: for the major currencies, an RSE licensee may use the exchange rates available from the Reserve Bank of Australia (RBA), which is available on the RBA website: http://www.rba.gov.au/statistics/historical-data.html.

Specific instructions

Terms highlighted in bold italics indicate that the definition is provided in these instructions. Additional definitions are provided at the end of these instructions (in the Glossary).

Examples listed under 'Includes' and 'Excludes' are not to be taken as an exhaustive list of items to be included or excluded.

Part A: Non-resident counterparty to the transactions

Item 1 to item 3 inclusive collect information about all securities purchased and sold under agreements to resale and repurchase, and all stocks/shares borrowed and loaned, where counterparty to the transactions are non-residents.

For debt securities, the market price is the traded price quoted on the reference date. If the traded price does not take account of interest accrued up to the ex-coupon date but not yet payable, this interest accrued is to be included.

Item 1                                                               Report securities purchased under agreements to resell and stock borrowing which are short term debt securities, including the amount purchased using collateral received from the sale of securities sold under agreements to repurchase and stock lending, in column 1.

                                                                     Report securities sold under agreements to repurchase and stock lending which are short term debt securities in column 2. Report short-term debt securities borrowed and lent at the end of the reference period set by counterparty to the agreement and at market value.

Securities purchased under agreements