Document ID: chunk:federal_register_of_legislation:F2015L01998:body:0:p8
Version: federal_register_of_legislation:F2015L01998
Segment Type: other
Provision Reference: 
Character Range: 21825–27026

the sale of securities sold under agreements to repurchase and stock lending, in column 4 and the value of securities sold under agreements to repurchase and stock lending in column 5.

                                                           The types of resident counterparty are:

                                                               * the Reserve Bank of Australia (RBA);

                                                               * banks;

                                                               * other deposit-taking institutions;

                                                               * life insurance and friendly societies;

                                                               * superannuation funds;

                                                               * general and health insurance corporations;

                                                               * state and territory central borrowing authorities;

                                                               *  financial auxiliaries;

                                                               * securitisers;

                                                               * other financial institutions; and

                                                               * other residents.

                                                           The types of short-term debt securities are:

                                                               * bills of exchange: bank accepted and/or endorsed;

                                                               * treasury notes;

                                                               * negotiable certificates of deposit (NCDs) issued by banks; and

                                                               * commercial paper.

                                                           The types of issuer of commercial paper are:

                                                               * trading enterprises owned by the Australian Commonwealth government;

                                                               * trading enterprises owned by state, territory and local government;

                                                               * state and territory central borrowing authorities;

                                                               * private trading enterprises;

                                                               * banks;

                                                               * other deposit-taking institutions;

                                                               * securitisers;

                                                               * life insurance and friendly societies;

                                                               * general and health insurance corporations;

                                                               * other financial institutions; and

                                                               * not applicable.

Bills of exchange: bank accepted and/or endorsed           Represents unconditional orders in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand. They usually have an original term to maturity of 180 days or less.

                                                           Includes: bank accepted bills, and bank endorsed bills.

                                                           Excludes: non-bank bills

Treasury notes                                             Represents short-term debt securities issued by the Australian Commonwealth government.

Negotiable certificates of deposit (NCDs) issued by banks  Represent short-term securities issued by resident banks, repayable at a fixed date. The bank writes a certificate stating that a fixed amount has been deposited for a fixed period of time and predetermined interest rate. The NCD trades at a discount from face value.

                                                           Excludes: transferable certificates of deposit (included as long-term debt securities); certificates of deposit issued by merchant banks (included as commercial paper); commercial paper issued by resident banks (included as commercial paper).

Commercial paper                                           Represents a written promise to pay a specified sum of money to the bearer at an agreed date. It is usually issued for terms ranging from 30 to 180 days and is sold to an investor at a discount to the face value. Also called promissory notes or one name paper and is a type of short-term debt security.

                                                           Includes: promissory notes, one name paper, certificates of deposit issued by merchant banks, and asset backed commercial paper.

                                                           Excludes: floating rate notes and similar long-term debt securities with a short-term interest rate (included as long-term debt securities).

Item 5  Report in item 5, for each type of resident counterparty: the type of