PET - Plain English Taxonomy

Attribute:	CS21922
Concept:	Off Balance Sheet Credit Derivatives Sold Protection Amount
Label:	Other Derivative Contracts - Credit Derivatives - Sold Protection
Concept Guidance:	This is the value, as at the relevant date, for off balance sheet credit derivatives where protection is sold. This is where the reporting entity assumes the credit risk by selling protection to a third party. Upon this party calling on this protection the reporting entity is obliged to pay cash and provide for a claim to receive a financial asset.

Dimensions

Dimension	Member	Description
ADIBookTypeDimension	(BankingBook)	This dimension categorises an Authorised Deposit-taking Institution's holdings of financial instruments based on the 'book type' ('Banking Book' or 'Trading Book') to which the instrument belongs, as determined in accordance with relevant prudential standards. The information reported relates to an Authorised Deposit-taking Institution's holdings of financial instruments in the banking book, as agreed with APRA.
BalanceTypeDimension	(CreditEquivalentAmount)	This dimension identifies the measurement scenario under which the reported value was calculated. The value reported is the credit equivalent amount, as determined in accordance with relevant prudential standards. The credit equivalent amount (CEA) represents the on-balance sheet equivalent of an off-balance sheet exposure. In relation to a non-market-related off-balance sheet transaction, the CEA is calculated by multiplying the notional principal amount of a particular transaction by the relevant credit conversion factor. In relation to a market-related off-balance sheet transaction, the CEA is determined using the adjusted current exposure method.

Dimension

Member

Description

ADIBookTypeDimension

(BankingBook)

This dimension categorises an Authorised Deposit-taking Institution's holdings of financial instruments based on the 'book type' ('Banking Book' or 'Trading Book') to which the instrument belongs, as determined in accordance with relevant prudential standards.
The information reported relates to an Authorised Deposit-taking Institution's holdings of financial instruments in the banking book, as agreed with APRA.

BalanceTypeDimension

(CreditEquivalentAmount)

This dimension identifies the measurement scenario under which the reported value was calculated.
The value reported is the credit equivalent amount, as determined in accordance with relevant prudential standards. The credit equivalent amount (CEA) represents the on-balance sheet equivalent of an off-balance sheet exposure. In relation to a non-market-related off-balance sheet transaction, the CEA is calculated by multiplying the notional principal amount of a particular transaction by the relevant credit conversion factor. In relation to a market-related off-balance sheet transaction, the CEA is determined using the adjusted current exposure method.