PET - Plain English Taxonomy

Attribute: BSAO26860
Concept:
Label: Securities purchased under agreement to resell
Concept Guidance:
This is the value, as at the relevant date, for when the transferee of the stock effectively receives a lender's rate of return (i.e. the underlying risks and rewards of ownership of the underlying stock is not effectively transferred), these transactions are to be accounted for as collateralised borrowing activities (treating stock borrowing as on balance sheet exposures). Securities purchased under agreements to resell, represents the receivable due from counterparties from whom the stock has been borrowed and with whom cash has been lodged. Under this method of accounting the bank's physical stock positions recorded on the balance sheet in either Trading Securities or Investment Securities sections is not affected. This is consistent with accounting standards. 
Dimensions
Dimension Member Description
(Forecast)
The calculation basis on which values are reported.
The reported value is a forecast.
(Month3)
This dimension categorises the reported data according to the forecast period at each point of time in the future.
The information reported relates to items where the forecast period is 3 months after the reporting date.