PET - Plain English Taxonomy

Attribute: BSAO26869
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.
(NonAUResident)
This dimension categorises reported data according to the residency of the counterparty. Residency is determined by the domicile of the counterparty. Branches are classified as residents of the country in which they operate.
Information in relation to transactions in which the counterparty is not a resident of Australia. Residency is determined by the domicile of the counterparty. Foreign branches and foreign subsidiaries of Australian businesses are regarded as non-residents.
(Month24)
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 24 months after the reporting date.