Document ID: chunk:federal_register_of_legislation:F2017L00724:body:0:p24
Version: federal_register_of_legislation:F2017L00724
Segment Type: other
Provision Reference: 
Character Range: 74038–77639

of physical currency (included as holdings of notes and coins); certificates of deposit (included as debt securities).

Transferable deposits       Represents all deposits that are exchangeable for bank notes and coins on demand at par and without penalty or restriction; and are directly usable for making payment by cheque, draft, giro order, direct debit/credit, or other direct payment facility.

Other deposits              Represents all customers' deposits, other than transferable deposits.

                            Includes: savings deposits, fixed-term deposits, non-negotiable certificates of deposit, shares or similar evidence of deposit issued by savings and loan associations, building societies, credit unions etc.

Debt securities             Represents financial instruments that evidence the issuer's promise to repay the principal at face value upon maturity.

                            Includes: bills of exchange, commercial paper and bonds.

Short-term debt securities  Represents debt securities which have an original term to maturity of one year or less.

                            Includes: all short-term securities issued by non-resident; all short-term securities issued by residents such as treasury notes, bills of exchange, inscribed stock, commercial paper and promissory notes issued by an institution (e.g. trading enterprises, central borrowing authorities, securitisers, negotiable certificates of deposit (NCDs)).

                            Excludes: debt securities which have an original term to maturity of more than one year, but have a remaining term to maturity of less than or equal to one year (included as long-term debt securities).

Long-term debt securities   Represents debt securities which have an original term to maturity of more than one year.

                            Includes: all long-term securities issued by non-resident regardless of the market of issuance such as Euro bonds and Kangaroo bonds; all long-term securities issued by residents such as treasury bonds, treasury Adjustable Rate Bonds, inscribed stock, asset-backed bonds, debentures, transferable certificates of deposit, unsecured notes, mortgage-backed bonds, convertible notes, semi-government bonds, corporate bonds; fixed-interest securities; inflation-indexed bonds, medium-term notes; floating-rate notes, other floating-rate debt securities, Euro bonds issued by Australian residents, non-participating preference shares (a special type where the holder has no entitlement to a share in the residual value on dissolution of the issuing company).

                            Excludes: derivatives; debt securities which have an original term to maturity of one year or less (included as short-term debt securities).

Loans and placements    Represents borrowings which are not evidenced by the issue of debt securities (loans) and customers' account balances with institutions not regarded as deposit-taking institutions (placements).

                        Includes: overdrafts; secured and unsecured borrowings; financial lease agreements; account balances with institutions which do not qualify as deposit-taking institutions; 11 am money placed with corporate treasuries.

                        Excludes: bills of exchange; commercial paper and promissory notes (included as short-term debt securities); bonds, debentures, medium term notes, transferable certificates of deposit, floating-rate notes (included as long-term debt securities); account balances with financial intermediaries deemed to be deposit-taking institutions, such as banks