Document ID: chunk:federal_register_of_legislation:F2017L00724:body:0:p12
Version: federal_register_of_legislation:F2017L00724
Segment Type: other
Provision Reference: 
Character Range: 35275–38780

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 long-term debt securities that are resident assets in item 5.

                Report long-term debt securities in column 1. Report the portion of long-term debt securities that is: denominated in a foreign currency in column 2 and the value for which payment is due in one year or less in column 3, where applicable.

                Item 5.12 is a derived item. Report long-term debt securities issued by other financial institutions in item 5.12 as total long-term debt securities reported in 5.13 minus long-term debt securities issued by:

                    * treasury bonds issued by the Australian Commonwealth Government reported in item 5.1;

                    * private trading enterprises reported in item 5.2;

                    * trading enterprises owned by the Australian Commonwealth government reported in item 5.3;

                    * trading enterprises owned by state, territory and local governments reported in item 5.4;

                    * state and territory central borrowing authorities reported in item 5.5;

                    * property and infrastructure trusts reported in item 5.6;

                    * banks reported in item 5.7;

                    * other deposit-taking institutions reported in 5.8;

                    * life insurance and friendly societies reported in item 5.9;

                    * general and health insurance corporations reported in item 5.10; and

                    * securitisers reported in item 5.11.

                Report the portion of long-term debt securities issued by banks that is attributable to covered bonds in item 5.7.1.

                Report the portion of long-term debt securities issued by other deposit-taking institutions that is attributable to covered bonds in item 5.8.1.

Treasury bonds  Represents long-term debt securities issued by the Australian Commonwealth Government.

Covered bonds   Represents debt securities secured by assets beneficially owned by a bankruptcy remote special purpose vehicle.

Item 6  Report shares that are resident assets in item 6.

        Report shares which are listed on the Australian Securities Exchange (ASX) issued by:

            * private trading enterprises in item 6.1.1;

            * banks in item 6.1.2;

            * other deposit-taking institutions in item 6.1.3;

            * life insurance and friendly societies