Federal Register of Legislation - Australian Government

Primary content

Determinations/Financial (Other) as made
This instrument determines Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates.
Administered by: Treasury
Registered 11 Jun 2019
Tabling HistoryDate
Tabled HR02-Jul-2019
Tabled Senate02-Jul-2019

Financial Sector (Collection of Data) (reporting standard) determination No. 17 of 2019

Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates

Financial Sector (Collection of Data) Act 2001

 

I, Alison Bliss, delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (the Act) DETERMINE Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates, in the form set out in the Schedule, which applies to the financial sector entities to the extent provided in paragraph 4 of the reporting standard.

 

Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to those financial sector entities on 1 July 2019.

 

This instrument commences on 1 July 2019.

 

Dated: 4 June 2019

 

 

[Signed]

Alison Bliss

General Manager

Data Analytics & Insights Division

 

 

 

Interpretation

In this Determination:

APRA means the Australian Prudential Regulation Authority.

financial sector entity has the meaning given by section 5 of the Act.

Schedule

 

Reporting Standard ARS 748.0 ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates comprises the document commencing on the following page.

 


 

Reporting Standard ARS 748.0

ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates

Objective of this Reporting Standard

This Reporting Standard outlines the requirements for the provision of information to APRA relating to an authorised deposit-taking institution’s or registered financial corporation’s wholesale funding stocks, flows and interest rates.

It includes Reporting Form ARF 748.0A ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard) and Reporting Form ARF 748.0B ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced) and the associated specific instructions.

Authority

1.             This Reporting Standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001.

Purpose

2.             Information collected by Reporting Form ARF 748.0A ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard) (ARF 748.0A) and Reporting Form ARF 748.0B ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced) (ARF 748.0B) is used by the ABS and RBA for various purposes, including for policy and statistical purposes.  This information may also be used by APRA for prudential and publication purposes.

3.             This Reporting Standard is an Economic and Financial Statistics (EFS) Reporting Standard for the purposes of Reporting Standard ARS 701.0 ABS/RBA Definitions for the EFS Collection (ARS 701.0)

Application and commencement

4.             This Reporting Standard applies to an authorised deposit-taking institution (ADI) or registered financial corporation (RFC) as set out in the table below, where ‘deposits’ are measured by the value reported in item 14 on Reporting Form ARF 720.0A/B ABS/RBA Statement of Financial Position (Standard)/(Reduced) (ARF 720.0A/B). 

 

Class of financial institution

ARF 748.0A

ARF 748.0B

ADIs

Yes if deposits ≥ $25 billion

Yes if deposits ≥ $4 billion and deposits < $25 billion

RFCs

Yes if deposits ≥ $25 billion

Yes if deposits ≥ $4 billion and deposits < $25 billion

5.             APRA may from time to time determine that a higher threshold will apply to a particular ADI or RFC than that specified in paragraph 4 of this Reporting Standard and if APRA does so it will notify the ADI or RFC concerned in writing. 

6.             This Reporting Standard applies for reporting periods ending on or after 31 July 2019.

Information required

7.             An ADI or RFC to which this Reporting Standard applies must provide APRA with the information required by this Reporting Standard for each reporting period on a domestic books consolidation.

Method of submission

8.             The information required by this Reporting Standard must be given to APRA in electronic format, using the ‘Direct to APRA’ application or by a method (i.e. a web-based solution) notified by APRA, in writing, prior to submission.

Note: the Direct to APRA application software (also known as D2A) may be obtained from APRA.

Reporting periods and due dates

9.             The information required by this Reporting Standard must be provided in respect of each calendar month by an ADI or RFC to which this Reporting Standard applies under paragraphs 4 or 5.

10.         The information required by this Reporting Standard must be provided to APRA within 15 business days after the end of the reporting period to which the information relates.

11.         APRA may, by notice in writing, change the reporting periods, or specified reporting periods, for a particular ADI or RFC, to require it to provide the information required by this Reporting Standard more frequently, or less frequently, having regard to:

(a)           the particular circumstances of the ADI or RFC; and

(b)          the extent to which the information is required for the purposes of the ABS or RBA.

12.         APRA may grant an ADI or RFC an extension of a due date, in writing, in which case the new due date for the provision of the information will be the date on the notice of extension.

Quality control

13.         All information provided by an ADI or RFC under this Reporting Standard must be the product of systems, processes and controls that have been reviewed and tested by the external auditor of the ADI or RFC as set out in Prudential Standard APS 310 Audit and Related Matters for ADIs or Reporting Standard RRS 710.0 ABS/RBA Audit Requirements for Registered Financial Corporations for RFCs. Relevant standards and guidance statements issued by the Auditing and Assurance Standards Board provide information on the scope and nature of the review and testing required from external auditors. This review and testing must be done on an annual basis or more frequently if required by the external auditor to enable the external auditor to form an opinion on the accuracy and reliability of the information provided by an ADI or RFC under this Reporting Standard.

14.         All information provided by an ADI or RFC under this Reporting Standard must be subject to systems, processes and controls developed by the ADI or RFC for the internal review and authorisation of that information. These systems, processes and controls are to assure the completeness and reliability of the information provided.

Authorisation

15.         When an officer or agent of an ADI or RFC submits information under this Reporting Standard and uses the D2A application, or other method notified by APRA, it will be necessary for the officer or agent to digitally sign the relevant information using a digital certificate or other digital identity credential acceptable to APRA.

Minor alterations to forms and instructions

16.         APRA may make minor variations to:

(a)           a form that is part of this Reporting Standard, and the instructions to such a form, to correct technical, programming or logical errors, inconsistencies or anomalies; or

(b)          the instructions to a form, to clarify their application to the form

without changing any substantive requirement in the form or instructions.

17.         If APRA makes such a variation it must notify in writing each ADI or RFC that is required to report under this Reporting Standard.

Interpretation

18.         Terms that are defined in ARS 701.0 appear in bold and italics in this Reporting Standard.

19.         In this Reporting Standard:

due date means the last day of the 15 business days provided for in paragraph 10 or, if applicable,  the date on a notice of extension given under paragraph 12.

reporting period means a month of a year as provided for in paragraph 9 or, if applicable, the date on a notice given under paragraph 11.

20.         Unless the contrary intention appears, any reference to an Act, Prudential Standard, Reporting Standard, Australian Accounting or Auditing Standard is a reference to the instrument as in force or existing from time to time.


ARF_748_0A: ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard)

 

Australian Business Number

Institution Name

Reporting Period

Scale Factor

Monthly

Reporting Consolidation

 

Domestic

 

 

1. Outstanding debt securities

 

1.1. Short-term

 

Type of short-term debt security

Currency type

Interest rate type

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

 

 

 

 

 

Bills of exchange

AUD

Fixed

 

 

Negotiable certificates of deposit

USD

Floating

 

 

Other short-term securities

EUR

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

1.2. Long-term

 

 

 

 

 

 

 

of which: Maturing in 12 months or less

Type of long-term debt security

Currency type

Interest rate type

Value

Interest rate

Tenor

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

 

 

 

 

 

 

 

 

Negotiable certificates of deposit

AUD

Fixed

 

 

 

 

 

Covered bonds

USD

Floating

 

 

 

 

 

Senior unsecured debt

EUR

 

 

 

 

 

 

Additional  Tier 1 capital instruments

Other

 

 

 

 

 

 

Tier 2 capital instruments

 

 

 

 

 

 

 

Other hybrid securities and subordinated debt

 

 

 

 

 

 

 

 

 

 

 

 

of which: Maturing in 12 months or less

 

Value

Interest rate

Tenor

Value

Interest rate

 

(4)

(5)

(6)

(7)

(8)

1.3. Total outstanding debt securities

 

 

 

 

 

1.4. Memo item: Asset-backed securities

 

 

 

 

 

 

 

 

 

2. New issuance of debt securities

 

2.1. Short-term

 

Type of short-term debt security

Currency type

Interest rate type

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

 

 

 

 

 

Bills of exchange

AUD

Fixed

 

 

Negotiable certificates of deposit

USD

Floating

 

 

Other short-term securities

EUR

 

 

 

 

Other

 

 

 

 

2.2. Long-term

 

Type of long-term debt security

Currency type

Interest rate type

Value

Interest rate

Tenor

(1)

(2)

(3)

(4)

(5)

(6)

 

 

 

 

 

 

Negotiable certificates of deposit

AUD

Fixed

 

 

 

Covered bonds

USD

Floating

 

 

 

Senior unsecured debt

EUR

 

 

 

 

Additional  Tier 1 capital instruments

Other

 

 

 

 

Tier 2 capital instruments

 

 

 

 

 

Other hybrid securities and subordinated debt

 

 

 

 

 

 

 

 

 

Value

Interest rate

Tenor

 

(4)

(5)

(6)

2.3. Total new issuance of debt securities

 

 

 

2.4. Memo item: Asset-backed securities

 

 

 

 

3. Benchmark rate on senior unsecured debt

 

Currency type

Tenor

Benchmark rate

(1)

(2)

(3)

 

 

 

AUD

1 month

 

USD

3 months

 

EUR

6 months

 

 

1 year

 

 

3 years

 

 

5 years

 

 

4. Other interest-bearing liabilities outstanding

 

Value

Interest rate

Value of funds

Margin

(1)

(2)

(3)

(4)

4.1. Total other interest-bearing liabilities outstanding

 

 

 

 

4.1.1. Resident non-related parties

 

 

 

 

4.1.2. Resident related parties

 

 

 

 

4.1.3. Overseas operations

 

 

 

 

4.1.4. Other non-residents

 

 

 

 

 

 

 

5. Other new interest-bearing liabilities

 

Value

Interest rate

Value of funds

Margin

(1)

(2)

(3)

(4)

5.1. Total new other interest-bearing liabilities in the month

 

 

 

 

 

6. Hedging

 

Fair value

Interest income

Interest expense

(1)

(2)

(3)

6.1. Total derivatives hedging banking book assets and liabilities

 

 

 

6.1.1. of which: Derivatives hedging household finance

 

 

 

6.1.2. of which: Derivatives hedging business finance

 

 

 

6.1.3. of which: Derivatives hedging deposits

 

 

 

6.1.4. of which: Derivatives hedging debt securities

 

 

 

6.1.5. of which: Derivatives hedging other interest-bearing liabilities

 

 

 

 


Reporting Form ARF 748.0A

ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard)

Instructions

These instructions assist completion of Reporting Form ARF 748.0A ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Standard) (ARF 748.0A). ARF 748.0A collects information relating to the wholesale funding stocks, flows and interest rates of ADIs and RFCs.

Information reported in ARF 748.0A is required primarily for purposes of the ABS and the RBA. This information is required for various purposes, including policy and statistical purposes. This information may also be used by APRA for prudential and publication purposes.

Reporting level

ARF 748.0A must be completed by each ADI and RFC to which this Reporting Standard applies under paragraphs 4 or 5.

Reporting basis and unit of measurement

The instructions specify the reporting basis and unit of measurement that applies to each item.

For reporting purposes, unless specified otherwise, enter data as a positive number.

 

Counterparties

Include positions with non-residents on this form unless otherwise directed.  Refer to the specific instructions to determine whether positions with non-residents must be included, and whether these are separately identified. 

 

Include positions with related parties on this form unless otherwise directed.  Refer to the specific instructions to determine whether positions with related parties must be included, and whether these are separately identified.  

 

Values

Report the value of debt securities and the value of funding liabilities other than deposits and debt securities in accordance with Australian accounting standards. Where denominated in foreign currency, convert the value of debt securities and of funding liabilities other than deposits and debt securities to AUD in accordance with AASB 121 The Effects of Changes in Foreign Exchange Rates (AASB 121).

Report values on ARF 748.0A as whole dollars.

 

Averages

Report averages on ARF 748.0A unscaled, as numbers to two decimal places.

Interest rates

ADIs and RFCs are required to report contractual interest rates. Report these contractual interest rates as an outright rate rather than a spread. For example, for a fixed-rate debt security, the contractual interest rate would be the annualised coupon rate (or annualised implied interest rate in the case of a discount security). For a floating-rate debt security, the contractual interest rate would be the value of the floating benchmark rate plus the spread (again, annualised if required).

 

For debt securities issued in foreign currency, do not convert the interest rate back to an implied AUD rate.

 

Report interest rates as an annualised percentage rate (on a 365 days per year basis) to two decimal places.

 

Refer to the interest rates definition for further guidance (ARS 701.0).

 

Value of funds and margin

Report value of funds and margin items as an annualised percentage rate to two decimal places.

 

Standard Business Reporting (SBR)

Report items on ARF 748.0A with accounting type of credit (liabilities) unless otherwise directed. The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting treatment of the item collected.

Specific instructions

Terms highlighted in bold italics are defined in ARS 701.0.

All derived fields in the form are shaded in grey are explained in words as a mathematical expression in these instructions.

Examples included under ‘Include’ and ‘Exclude’ must not be taken as an exhaustive list of items to be included or excluded.

1.         Outstanding debt securities

Item 1 collects information on the stock of debt securities issued by original term, type of security, currency type and interest rate type.

Reporting basis: report item 1 as at the end of the reporting period.

Only report debt securities with an original term of 1 year or less (short-term) in items 1.1, 1.3 and 1.4 as relevant.

Only report debt securities with an original term of more than 1 year (long-term) in items 1.2, 1.3 and 1.4 as relevant.

For item 1, calculate the original term for hybrid securities treated as liabilities using the period between issuance and the next call date. Calculate the residual term for hybrid securities treated as liabilities using the next call date. 

Include debt securities held by related parties and non-residents.

Column 1

Report according to the type of debt security (see items 1.1 or 1.2 for further details). 

Column 2

Report according to the currency type of the debt security issued (see items 1.1 or 1.2 for further details). 

Column 3

Report according to the interest rate type of the debt security issued (see items 1.1 or 1.2 for further details). 

Column 4

Report the value of debt securities issued.   

Column 5

Report the weighted average interest rate of debt securities on issue. 

Column 6

Report the weighted average tenor for long-term debt securities issued. 

To calculate and report this item, express each tenor as the number of days from issuance to maturity/365 days.

Unit of measurement: report column 6 inclusive as a number to two decimal places.

Column 7

Of the amount reported in column 4, report the value of debt securities that have a residual maturity of 1 year or less. 

Column 8

Report the weighted average interest rate for long-term debt securities that have a residual maturity of 1 year or less as reported in column 7. 

 

Item 1.1

Report short-term debt securities on issue for each combination of security type, currency type and interest rate type. 

The types of short-term debt securities are:

·                bills of exchange;

·                negotiable certificates of deposit; and

·                any other short-term securities that are not bills of exchange or negotiable certificates of deposit. This will include any short-term debt security liabilities listed on Reporting Form ARF 720.6 ABS/RBA Securities on Issue (ARF 720.6) that are not negotiable certificates of deposit or bills of exchange.

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types are:

·                fixed interest rate; and

·                floating interest rate. 

The total value of outstanding short-term debt securities reported in item 1.1 (column 4) must be equal to the sum of:

·                short-term debt securities reported in item 16.2 (column 1) on Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A); and

·                total debt securities reported in item 3.1.3.1 (column 1) on Reporting Form ABS/RBA Intra-group Assets and Liabilities (ARF 720.3)  

less:

·                debt securities with an original maturity of greater than 12 months reported in 3.1.3.1.1 (column 1) on the ARF 720.3

for entities that submit these forms.

Item 1.2

Report long-term debt securities on issue for each combination of security type, currency type and interest rate type. 

The types of long-term debt securities are:

·                negotiable certificates of deposit;

·                covered bonds;

·                senior unsecured debt;

·                additional Tier 1 capital instruments;

·                Tier 2 capital instruments; and

·                any other hybrid securities treated as liabilities and subordinated debt not reported above. 

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types are:

·                fixed interest rate; and

·                floating interest rate. 

The total value of outstanding long-term debt securities reported in item 1.2 (column 4) must equal the sum of:

·                long-term debt securities reported in item 16.2 (column 2) on the ARF 720.0A; and

·                debt securities with an original maturity of greater than 12 months reported in item 3.1.3.1.1 (column 1) on the ARF 720.3. 

The value outstanding long-term debt securities maturing in 12 months or less reported in item 1.2 (column 7) must equal the sum of:

·                long-term debt securities maturing in 12 months or less reported in item 16.2 (column 3) on the ARF 720.0A; and

·                debt securities with an original maturity of greater than 12 months maturing in 12 months or less reported in item 3.1.3.1.1.1 (column 1) on the ARF 720.3

for entities that submit these forms.

Item 1.3

Report total outstanding debt securities

Item 1.3 is a derived item, with the exception of column 6. Report the total value of debt securities on issue in item 1.3 (column 4) as the sum of item 1.1 (column 4) and item 1.2 (column 4).

Report the total weighted average interest rate for debt securities on issue in item 1.3 (column 5) as the weighted average of item 1.1 (column 5) and item 1.2 (column 5).

Report the value of debt securities maturing in 12 months or less in item 1.3 (column 7) as the sum of item 1.1 (column 4) and item 1.2 (column 7).

Report the total weighted average interest rate for debt securities maturing in 12 months or less in item 1.3 (column 8) as the weighted average of item 1.1 (column 5) and item 1.2 (column 8).

The value of total outstanding debt securities reported in item 1.3 (column 4) must also equal the sum of:

·                short-term debt securities reported in item 16.2 (column 1) on ARF 720.0A;

·                long-term debt securities reported in item 16.2 (column 2) on ARF 720.0A; and

·                debt securities reported in item 3.1.3.1 (column 1) on ARF 720.3

for entities that submit these forms.

The value of total outstanding debt securities maturing in 12 months or less reported in item 1.3 (column 7) must also equal the sum of:

·                short-term debt securities reported in item 16.2 (column 1) on ARF 720.0A;

·                long-term debt securities maturing in 12 months or less reported in of item 16.2 (column 3) on ARF 720.0A;

·                total debt securities reported in item 3.1.3.1 (column 1) on ARF 720.3;

·                long term debt securities maturing in 12 months or less reported in of item 3.1.3.1.1.1 (column 1) on the ARF 720.3.

less:

·                total debt securities with an original maturity of greater than 12 months reported in item 3.1.3.1.1 on ARF 720.3

for entities that submit these forms.

Item 1.4

Report asset-backed securities where the underlying assets are held on-balance sheet in accordance with accounting principles.

2.         New issuance of debt securities

Item 2 collects information on the new issuance of debt securities during the reporting period by original term, type of security, currency type and interest rate type.

Reporting basis: report item 1 during the reporting period or as at the end of the reporting period as directed. 

Report debt securities with an original term of 1 year or less (short-term) in items 2.1, 2.3 and 2.4 as relevant. 

Report debt securities with an original term of more than 1 year (long-term in items 2.2, 2.3 and 2.4 as relevant. 

For item 2, calculate the original term for hybrid securities treated as liabilities using he period between issuance and the next call date. 

Include debt securities held by related parties and non-residents. 

Column 1

Report according to the type of debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 2

Report according to the currency type of the debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 3

Report according to the interest rate type of the debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 4

Report the value of debt securities issued during the reporting period.

Column 5

Report the weighted average interest rate as at the end of the reporting period for debt securities issued during the reporting period.

Column 6

Report the weighted average tenor for debt securities issued during the reporting period

To calculate and report this item, express each tenor as the number of days from issuance to maturity/365 days.

Unit of measurement: report column 6 inclusive as a number to two decimal places.

 

Item 2.1

Report new short-term debt securities issued during the reporting period for each combination of security type, currency type and interest rate type. 

The types of short-term debt securities are:

·                bills of exchange;

·                negotiable certificates of deposit; and

·                any other short-term securities that are not bills of exchange or negotiable certificates of deposit.  This will include any short-term debt security liabilities listed on ARF 720.6 newly issued in the reporting period that are not negotiable certificates of deposit or bills of exchange.  

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types: 

·                fixed interest rate; and

·                floating interest rate

Item 2.2

Report new long-term debt securities issued during the reporting period for each combination of security type, currency type and interest rate type. 

The types of long-term debt securities are:

·                negotiable certificates of deposit; 

·                covered bonds;

·                asset-backed securities;

·                senior unsecured debt;

·                additional Tier 1 capital instruments;

·                Tier 2 capital instruments; and

·                any hybrid securities treated as liabilities and subordinated debt other than those reported above. 

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types: 

·                fixed interest rate; and

·                floating interest rate

Item 2.3

Report total debt securities issued during the reporting period

Item 2.3 is a derived item, with the exception of column 6.

Report the total value of debt securities issued during the reporting period in item 2.3 (column 4) as the sum of item 2.1 (column 4) and item 2.2 (column 4).

Report the total weighted average interest rate as at the end of the reporting period for debt securities issued during the reporting period in item 2.3 (column 5) as the weighted average of item 2.1 (column 5) and item 2.2 (column 5).

Item 2.4

Report asset-backed securities that are issued by related parties where the underlying assets are held on-balance sheet in accordance with accounting principles.

3.         Benchmark rate on senior unsecured debt

Item 3 collects information on the benchmark rate on senior unsecured debt by currency type and tenor.

Reporting basis: report item 3 as at the end of the reporting period

The benchmark rate must be expressed as an outright rate (not a spread).

Column 1

Report according to currency (see item 3 for further details). 

Column 2

Report according to the tenor (see item 3 for further details). 

Column 3

Report the benchmark rate

 

Item 3

Report the benchmark rate on senior unsecured debt for each combination of currency type and tenor

The currency types are:

·                AUD;

·                USD; and

·                EUR.

The tenors are:

·                1 month;

·                3 months;

·                6 months;

·                1 year;

·                3 years; and

·                5 years. 

4.         Other interest-bearing liabilities outstanding

Item 4 collects information on any interest-bearing liabilities outstanding other than deposits and debt securities.

Reporting basis: report item 4 as at the end of the reporting period

If a reporting entity is funded by another entity (e.g. a parent entity), then that (repayable) funding must be reported in this item unless that funding takes the form of deposits or debt securities (in which case that funding must be reported on Reporting Form ARF 747.0A ABS/RBA Deposit Stocks, Flows and Interest Rates (Standard) (ARF 747.0A) or in items 1 and/or 2 of this form, as appropriate).

Exclude derivative liabilities.

Column 1

Report the value of any interest-bearing liabilities other than deposits and debt securities.  

Column 2

Report the weighted average interest rate on any interest-bearing liabilities other than deposits and debt securities.  

Column 3

Report the value of funds for any interest-bearing liabilities other than deposits and debt securities.  

Column 4

Report the margin for any interest-bearing liabilities other than deposits and debt securities.  

Column 4 is a derived column. Report the margin in column 4 as column 3 less column 2. 

 

Item 4.1

Report total interest-bearing liabilities outstanding other than deposits and debt securities.  

Item 4.1 is a derived item.

Report total interest-bearing liabilities outstanding other than deposits and debt securities in item 4.1 (column 1) as the sum of column 1 of items 4.1.1 to 4.1.4 inclusive.

Report the interest rate, value of funds and margin (columns 2, 3 and 4) in item 4.1 as the weighted average of the corresponding columns in items 4.1.1 to 4.1.4 inclusive.

Item 4.1.1

Report interest-bearing liabilities outstanding other than deposits and debt securities held by resident non-related parties. 

Item 4.1.2

Report interest-bearing liabilities outstanding other than deposits and debt securities held by resident related parties. 

Item 4.1.3

Report interest-bearing liabilities outstanding other than deposits and debt securities held by overseas operations.  

Item 4.1.4

Report interest-bearing liabilities outstanding other than deposits and debt securities held by any non-residents other than overseas operations. 

5.         Other new interest-bearing liabilities

Item 5 collects information on any other new interest-bearing liabilities other than deposits and debt securities.

Reporting basis: report item 5 during the reporting period or as at the end of the reporting period as directed. 

If a reporting entity is funded by another entity (e.g. a parent entity), then report that (repayable) funding in this item unless that funding takes the form of deposits or debt securities (in which case that funding must be reported on ARF 747.0A or in items 1 and/or 2 of this form, as appropriate).

Exclude derivative liabilities.

Column 1

Report the value of any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

Column 2

Report the weighted average interest rate as at the end of the reporting period on any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

Column 3

Report the value of funds as at the end of the reporting period for any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

Column 4

Report the margin as at the end of the reporting period for any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

Column 4 is a derived column. Report the margin in column 4 as column 3 less column 2. 

 

Item 5.1

Report total new interest-bearing liabilities other than deposits and debt securities.  

6.         Hedging

Item 6 collects information on the fair value, interest income earned and interest expense incurred associated with derivatives hedging banking book assets and liabilities.

Reporting basis: report item 6 as at the end of the reporting period or during the reporting period as directed.

Column 1

Report the fair value as at the end of the reporting period.

SBR: submit column 1 with accounting type debit (assets).

Column 2

Report the value of interest income earned in the reporting period.

SBR: submit column 2 with accounting type credit (revenue).

Column 3

Report the value of interest expense incurred in the reporting period.

SBR: submit column 3 with accounting type debit (expense).

 

Item 6.1                      

Report total derivatives used to hedge banking book assets and/or liabilities.

The fair value reported in item 6.1 (column1) must be equal to:

·                banking book derivatives reported in item 10.3.2 (column 1) on ARF 720.0A/B;

less

·                banking book derivatives reported in item 18.8.2 (column 1) on ARF 720.0A/B.

for entities that submit these forms.

Item 6.1.1         

Of the amount reported in item 6.1, report derivatives used to hedge housing and personal finance.

This item may be reported as zero if the ADI or RFC is not able to identify derivatives used for these purposes.

Item 6.1.2         

Of the amount reported in item 6.1, report derivatives used to hedge business finance.

This item may be reported as zero if the ADI or RFC is not able to identify derivatives used for these purposes.

Item 6.1.3         

Of the amount reported in item 6.1, report derivatives used to hedge deposits.

This item may be reported as zero if the ADI or RFC is not able to identify derivatives used for these purposes.

Item 6.1.4         

Of the amount reported in item 6.1, report derivatives used to hedge debt securities issued.

Item 6.1.5         

Of the amount reported in item 6.1, report derivatives used to hedge liabilities other than deposits and debt securities.  

This item may be reported as zero if the ADI or RFC is not able to identify derivatives used for these purposes.

 


ARF_748_0B: ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced)

 

Australian Business Number

Institution Name

Reporting Period

Scale Factor

Monthly

Reporting Consolidation

 

Domestic

 

 

1. Outstanding debt securities

 

1.1. Short-term

 

Type of short-term debt security

Currency type

Interest rate type

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

 

 

 

 

 

Bills of exchange

AUD

Fixed

 

 

Negotiable certificates of deposit

USD

Floating

 

 

Other short-term securities

EUR

 

 

 

 

Other

 

 

 

 

 

 

 

 

 

 

 

 

1.2. Long-term

 

 

 

 

 

 

 

of which: Maturing in 12 months or less

Type of long-term debt security

Currency type

Interest rate type

Value

Interest rate

Tenor

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

(6)

(7)

(8)

 

 

 

 

 

 

 

 

Negotiable certificates of deposit

AUD

Fixed

 

 

 

 

 

Covered bonds

USD

Floating

 

 

 

 

 

Senior unsecured debt

EUR

 

 

 

 

 

 

Additional  Tier 1 capital instruments

Other

 

 

 

 

 

 

Tier 2 capital instruments

 

 

 

 

 

 

 

Other hybrid securities and subordinated debt

 

 

 

 

 

 

 

 

 

 

 

 

of which: Maturing in 12 months or less

 

Value

Interest rate

Tenor

Value

Interest rate

 

(4)

(5)

(6)

(7)

(8)

1.3. Total outstanding debt securities

 

 

 

 

 

1.4. Memo item: Asset-backed securities

 

 

 

 

 

 

 

 

 

2. New issuance of debt securities

 

2.1. Short-term

 

Type of short-term debt security

Currency type

Interest rate type

Value

Interest rate

(1)

(2)

(3)

(4)

(5)

 

 

 

 

 

Bills of exchange

AUD

Fixed

 

 

Negotiable certificates of deposit

USD

Floating

 

 

Other short-term securities

EUR

 

 

 

 

Other

 

 

 

 

2.2. Long-term

 

Type of long-term debt security

Currency type

Interest rate type

Value

Interest rate

Tenor

(1)

(2)

(3)

(4)

(5)

(6)

 

 

 

 

 

 

Negotiable certificates of deposit

AUD

Fixed

 

 

 

Covered bonds

USD

Floating

 

 

 

Senior unsecured debt

EUR

 

 

 

 

Additional  Tier 1 capital instruments

Other

 

 

 

 

Tier 2 capital instruments

 

 

 

 

 

Other hybrid securities and subordinated debt

 

 

 

 

 

 

 

 

 

Value

Interest rate

Tenor

 

(4)

(5)

(6)

2.3. Total new issuance of debt securities

 

 

 

2.4. Memo item: Asset-backed securities

 

 

 

 

 

3. Other interest-bearing liabilities outstanding

 

Value

Interest rate

(1)

(2)

3.1. Total other interest-bearing liabilities outstanding

 

 

3.1.1. Resident non-related parties

 

 

3.1.2. Resident related parties

 

 

3.1.3. Overseas operations

 

 

3.1.4. Other non-residents

 

 

 

4. Other new interest-bearing liabilities

 

Value

Interest rate

(1)

(2)

4.1. Total new other interest-bearing liabilities in the month

 

 

 

 

 

 

 


Reporting Form ARF 748.0B

ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced)

Instructions

These instructions assist completion of Reporting Form ARF 748.0B ABS/RBA Wholesale Funding Stocks, Flows and Interest Rates (Reduced) (ARF 748.0B). ARF 748.0B collects information relating to the wholesale funding stocks, flows and interest rates of ADIs and RFCs.

Information reported in ARF 748.0B is required primarily for purposes of the ABS and the RBA. This information is required for various purposes, including policy and statistical purposes. This information may also be used by APRA for prudential and publication purposes.

Reporting level

ARF 748.0B must be completed by each ADI and RFC to which this Reporting Standard applies under paragraphs 4 or 5.  

Reporting basis and unit of measurement

The instructions specify the reporting basis and unit of measurement that applies to each item.

For reporting purposes, unless specified otherwise, enter data as a positive number.

 

Counterparties

Include positions with non-residents on this form unless otherwise directed.  Refer to the specific instructions to determine whether positions with non-residents must be included, and whether these are separately identified. 

 

Include positions with related parties on this form unless otherwise directed.  Refer to the specific instructions to determine whether positions with related parties must be included, and whether these are separately identified.  

 

Values

Report the value of debt securities and the value of funding liabilities other than deposits and debt securities in accordance with Australian accounting standards. Where denominated in foreign currency, convert the value of debt securities and of funding liabilities other than deposits and debt securities to AUD in accordance with AASB 121.

 

Report values on ARF 748.0B as whole dollars.

 

Averages

Report averages on ARF 748.0B unscaled, as numbers to two decimal places.

Interest rates

ADIs and RFCs are required to report contractual interest rates. Report these contractual interest rates as an outright rate rather than a spread. For example, for a fixed-rate debt security, the contractual interest rate would be the annualised coupon rate (or annualised implied interest rate in the case of a discount security). For a floating-rate debt security, the contractual interest rate would be the value of the floating benchmark rate plus the spread (again, annualised if required).

 

For debt securities issued in foreign currency, do not convert the interest rate back to an implied AUD rate.

 

Report interest rates as an annualised percentage rate (on a 365 days per year basis) to two decimal places.

 

Refer to the interest rates definition for further guidance (ARS 701.0).

 

Value of funds and margin

Report value of funds and margin items as an annualised percentage rate to two decimal places.

 

Standard Business Reporting (SBR)

Report items on ARF 748.0B with accounting type of credit (liabilities). The accounting type (i.e. credit or debit) applies to all monetary items and represents the natural accounting treatment of the item collected.

Specific instructions

Terms highlighted in bold italics are defined in ARS 701.0.

All derived fields in the form are shaded in grey are explained in words as a mathematical expression in these instructions. 

Examples included under ‘Include’ and ‘Exclude’ must not be taken as an exhaustive list of items to be included or excluded.   

1.         Outstanding debt securities

Item 1 collects information on the stock of debt securities issued by original term, type of security, currency type and interest rate type.

Reporting basis: report item 1 as at the end of the reporting period

Only report debt securities with an original term of 1 year or less (short-term) in items 1.1, 1.3 and 1.4 as relevant. 

Only report debt securities with an original term of more than 1 year (long-term) in items 1.2, 1.3 and 1.4 as relevant. 

For item 1, calculate the original term for hybrid securities treated as liabilities using the period between issuance and the next call date. Calculate the residual term for hybrid securities treated as liabilities using the next call date. 

Include debt securities held by related parties and non-residents. 

Column 1

Report according to the type of debt security (see items 1.1 or 1.2 for further details). 

Column 2

Report according to the currency type of the debt security issued (see items 1.1 or 1.2 for further details). 

Column 3

Report according to the interest rate type of the debt security issued (see items 1.1 or 1.2 for further details). 

Column 4

Report the value of debt securities issued.

Column 5

Report the weighted average interest rate of debt securities on issue. 

Column 6

Report the weighted average tenor for long-term debt securities issued. 

To calculate and report this item, express each tenor as the number of days from issuance to maturity/365 days.

Unit of measurement: report column 6 inclusive as a number to two decimal places.

Column 7

Of the amount reported in column 4, report the value of debt securities that have a residual maturity of 1 year or less.

Column 8

Report the weighted average interest rate for long-term debt securities that have a residual maturity of 1 year or less as reported in column 7. 

 

Item 1.1

Report short-term debt securities on issue for each combination of security type, currency type and interest rate type. 

The types of short-term debt securities are:

·                bills of exchange;

·                negotiable certificates of deposit; and

·                any other short-term securities that are not bills of exchange or negotiable certificates of deposit. This will include any short-term debt security liabilities listed on Reporting Form ARF 720.6 ABS/RBA Securities on Issue (ARF 720.6) that are not negotiable certificates of deposit or bills of exchange.

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types are:

·                fixed interest rate; and

·                floating interest rate. 

The total value of outstanding short-term debt securities reported in item 1.1 (column 4) must be equal to the sum of:

·                short-term debt securities reported in item 16.2 (column 1) on Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A); and

·                total debt securities reported in item 3.1.3.1 (column 1) on Reporting Form ABS/RBA Intra-group Assets and Liabilities (ARF 720.3) 

less:

·                debt securities with an original maturity of greater than 12 months reported in 3.1.3.1.1 (column 1) on the ARF 720.3

for entities that submit these forms.

Item 1.2

Report long-term debt securities on issue for each combination of security type, currency type and interest rate type. 

The types of long-term debt securities are:

·                negotiable certificates of deposit;

·                covered bonds;

·                senior unsecured debt;

·                additional Tier 1 capital instruments;

·                Tier 2 capital instruments; and

·                any other hybrid securities treated as liabilities and subordinated debt not reported above. 

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types are:

·                fixed interest rate; and

·                floating interest rate. 

The total value of outstanding long-term debt securities reported in item 1.2 (column 4) must equal the sum of:

·                long-term debt securities reported in item 16.2 (column 2) on the ARF 720.0A; and

·                debt securities with an original maturity of greater than 12 months reported in item 3.1.3.1.1 (column 1) on the ARF 720.3. 

The value outstanding long-term debt securities maturing in 12 months or less reported in item 1.2 (column 7) must equal the sum of:

·                long-term debt securities maturing in 12 months or less reported in item 16.2 (column 3) on the ARF 720.0A; and

·                debt securities with an original maturity of greater than 12 months maturing in 12 months or less reported in item 3.1.3.1.1.1 (column 1) on the ARF 720.3

for entities that submit these forms.

Item 1.3

Report total outstanding debt securities

Item 1.3 is a derived item, with the exception of column 6.

Report the total value of debt securities on issue in item 1.3 (column 4) as the sum of item 1.1 (column 4) and item 1.2 (column 4).

Report the total weighted average interest rate for debt securities on issue in item 1.3 (column 5) as the weighted average of item 1.1 (column 5) and item 1.2 (column 5).

Report the value of debt securities maturing in 12 months or less in item 1.3 (column 7) as the sum of item 1.1 (column 4) and item 1.2 (column 7).

Report the total weighted average interest rate for debt securities maturing in 12 months or less in item 1.3 (column 8) as the weighted average of item 1.1 (column 5) and item 1.2 (column 8).

The value of total outstanding debt securities reported in item 1.3 (column 4) must equal the sum of:

·                short-term debt securities reported in item 16.2 (column 1) on Reporting Form ARF 720.0A ABS/RBA Statement of Financial Position (Standard) (ARF 720.0A); and

·                 long-term debt securities reported in item 16.2 (column 2) on ARF 720.0A; and

·                debt securities reported in item 3.1.3.1 (column 1) on the Reporting Form ARF 720.3 ABS/RBA Intra-group Assets and Liabilities (ARF 720.3)

for entities that submit these forms.

The value of total outstanding debt securities maturing in 12 months or less reported in (column 7) item 1.3 must also equal the sum of:

·                long-term debt securities maturing in 12 months or less reported in item 16.2 (column 3) on ARF 720.0A; and

·                long term debt securities maturing in 12 months or less reported in item 3.1.3.1.1.1 (column 1) on the ARF 720.3

for entities that submit these forms.

Item 1.4

Report asset-backed securities where the underlying assets are held on-balance sheet in accordance with accounting principles.

2.         New issuance of debt securities

Item 2 collects information on the new issuance of debt securities during the reporting period by original term, type of security, currency type and interest rate type.

Reporting basis: report item 1 during the reporting period or as at the end of the reporting period as directed. 

Only report debt securities with an original term of 1 year or less (short-term) in items 2.1, 2.3 and 2.4 as relevant. 

Only report Debt securities with an original term of more than 1 year (long-term) in items 2.2, 2.3 and 2.4 as relevant. 

For item 2, calculate the original term for hybrid securities treated as liabilities using the period between issuance and the next call date. 

Include debt securities held by related parties and non-residents. 

Column 1

Report according to the type of debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 2

Report according to the currency type of the debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 3

Report according to the interest rate type of the debt security issued during the reporting period (see items 2.1 or 2.2 for further details). 

Column 4

Report the value of debt securities issued during the reporting period.

Column 5

Report the weighted average interest rate as at the end of the reporting period for debt securities issued during the reporting period

Column 6

Report the weighted average tenor for debt securities issued during the reporting period

To calculate and report this item, express each tenor as the number of days from issuance to maturity/365 days.

Unit of measurement: report column 6 inclusive as a number to two decimal places.

 

Item 2.1

Report new short-term debt securities issued during the reporting period for each combination of security type, currency type and interest rate type. 

The types of short-term debt securities are:

·                bills of exchange;

·                negotiable certificates of deposit; and

·                any other short-term securities that are not bills of exchange or negotiable certificates of deposit.  This will include any short-term debt security liabilities listed on ARF 720.6 newly issued in the reporting period that are not negotiable certificates of deposit or bills of exchange.  

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types: 

·                fixed interest rate; and

·                floating interest rate

Item 2.2

Report new long-term debt securities issued during the reporting period for each combination of security type, currency type and interest rate type. 

The types of long-term debt securities are:

·                negotiable certificates of deposit; 

·                covered bonds;

·                asset-backed securities;

·                senior unsecured debt;

·                additional Tier 1 capital instruments;

·                Tier 2 capital instruments; and

·                any hybrid securities treated as liabilities and subordinated debt other than those reported above. 

The currency types are:

·                AUD;

·                USD;

·                EUR; and

·                any currencies other than those reported above. 

The interest rate types: 

·                fixed interest rate; and

·                floating interest rate

Item 2.3

Report total debt securities issued during the reporting period

Item 2.3 is a derived item, with the exception of column 6.

Report the total value of debt securities issued during the reporting period in item 2.3 (column 4) as the sum of item 2.1 (column 4) and item 2.2 (column 4).

Report the total weighted average interest rate as at the end of the reporting period for debt securities issued during the reporting period in item 2.3 (column 5) as the weighted average of item 2.1 (column 5) and item 2.2 (column 5).

Item 2.4

Report asset-backed securities where the underlying assets are held on-balance sheet in accordance with accounting principles.

3.         Other interest-bearing liabilities outstanding

Item 3 collects information on any interest-bearing liabilities outstanding other than deposits and debt securities.

Reporting basis: report item 3 as at the end of the reporting period

If a reporting entity is funded by another entity (e.g. a parent entity), then report that (repayable) funding in this item unless that funding takes the form of deposits or debt securities (in which case that funding must be reported on Reporting Form ARF 747.0A ABS/RBA Deposit Stocks, Flows and Interest Rates (Standard) (ARF 747.0A) or in items 1 and/or 2 of this form, as appropriate).

Exclude derivative liabilities.

Column 1

Report the value of any interest-bearing liabilities other than deposits and debt securities.  

Column 2

Report the weighted average interest rate on any interest-bearing liabilities other than deposits and debt securities.  

 

Item 3.1

Report total interest-bearing liabilities outstanding other than deposits and debt securities.  

Item 3.1 is a derived item.

Report total interest-bearing liabilities outstanding other than deposits and debt securities in item 3.1 (column 1) as the sum of column 1 of items 3.1.1 to 3.1.4 inclusive.

Report the interest rate in item 3.1 (column 2) as the weighted average of column 2 of items 3.1.1 to 3.1.4 inclusive. 

Item 3.1.1

Report interest-bearing liabilities outstanding other than deposits and debt securities held by resident non-related parties. 

Item 3.1.2

Report interest-bearing liabilities outstanding other than deposits and debt securities held by resident related parties. 

Item 3.1.3

Report interest-bearing liabilities outstanding other than deposits and debt securities held by overseas operations.  

Item 3.1.4

Report interest-bearing liabilities outstanding other than deposits and debt securities held by any non-residents other than overseas operations. 

4.         Other new interest-bearing liabilities

Item 4 collects information on any other new interest-bearing liabilities other than deposits and debt securities.

Reporting basis: report item 4 during the reporting period or as at the end of the reporting period as directed.

If a reporting entity is funded by another entity (e.g. a parent entity), then report that (repayable) funding in this item unless that funding takes the form of deposits or debt securities (in which case that funding must be reported on Reporting Form ARF 747.0B Deposit Stocks, Flows and Interest Rates (Reduced) (ARF 747.0B) or in items 1 and/or 2 of this form, as appropriate).

Exclude derivative liabilities.

Column 1

Report the value of any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

Column 2

Report the weighted average interest rate as at the end of the reporting period on any interest-bearing liabilities other than deposits and debt securities issued during the reporting period.  

 

Item 4.1

Report total new interest-bearing liabilities other than deposits and debt securities.