Document ID: chunk:federal_register_of_legislation:F2015L01999:body:0:p6
Version: federal_register_of_legislation:F2015L01999
Segment Type: other
Provision Reference: 
Character Range: 14585–17977

Bank of Australia (RBA);

                                 * banks;

                                 * other deposit-taking institutions;

                                 * other financial institutions; and

                                 * other resident.

                             The exposure types are:

                                 * interest rate contract;

                                 * foreign exchange contract;

                                 * credit risk contract;

                                 * equity contract;

                                 * commodity contract; and

                                 * other contract.

                             Item 1.1 is a derived item. Report total derivatives with a gross positive market value in item 1.1 as the sum of values reported in item 1 column 3, column 4 and column 5, respectively.

                             The total gross positive market value of derivatives with a gross positive market value reported in item 1.1, column 4 must equal the sum of item 1.5, column 1 and item 9, column 1 on Reporting Form SRF 720.0 ABS Statement of Financial Position (SRF 720.0).

                             Report the aggregate market value of all derivative contracts that have a positive market value at the reporting date. Do not apply netting for those contracts subject to a master netting agreement or accounting offsetting at the reporting date.

                             Derivative contracts that have a negative market value at the reporting date must be reported separately as derivatives with a gross negative market value.

Gross positive market value  Represents the aggregate amount of all exposures with  a positive market value.

Principal amount             Represents the face value of a financial instrument.

Interest rate contract       Represents a contract that transfers the interest rate risk on an underlying asset from one party to another.

Foreign exchange contract    Represents a contract that transfers the exchange rate risk on an underlying asset from one party to another. Includes: gold contracts.

Credit risk contract         Represents a contract that transfers the credit risk of an underlying asset from one party to another.

Equity contract     Represents a contract that transfers the equity risk on an underlying equity security from one party to another. Excludes: credit risk contracts on an underlying equity security.

Commodity contract  Represents a contract that transfers the precious metal price risk on an underlying precious metal from one party to another. Excludes: gold contracts.

Derivatives with a gross negative market value

Item 2 collects information about the value of derivatives with a gross negative market value at the end of the reporting period and movements in derivatives with a gross negative market value due to transactions that occurred during the period.

Item 2                       Report derivatives with a gross negative market value in item 2. Derivatives with a gross positive market value must be reported in item 1.

                             Report, for each combination of  type of counterparty and exposure type: the type of counterparty in column 1, the exposure type in column 2, the principal amount in column 3, the gross negative market value in column 4, and net transactions during the period