PET - Plain English Taxonomy

Attribute: BSAS10806
Label: Debt securities - asset-backed securities
Concept Guidance:
Asset backed securities are a type of debt security that are secured or supported by a pool of assets. These are transferable instruments evidencing a relationship of indebtedness. They are characterised by having a definable income stream that is not based on the economic performance of the issuing entity 
Dimension Member Description
The intent of the transaction being entered into by the reporting entity.
Information in relation to financial assets or financial liabilities acquired or incurred principally for the purpose of selling or repurchasing in the near term; or used with the objective of generating a profit from short-term fluctuations in price or dealer's margin. These financial instruments may be a derivative.