This is the value, as at the relevant date, of inward risk transfers that reallocated risk to the country of the immediate borrower from the country of ultimate risk as a result of guarantees, collateral, and credit derivatives which are part of the banking book. This includes risk-transfers between different economic sectors in the same country.There are four potential forms of risk reallocation:i. Lending to a non-resident that is guaranteed by a non-resident third party. In this case both the outward risk transfer from the original borrower and the risk transfer to the guarantor have to be reported.ii. Lending to a non-resident that is guaranteed by an Australian resident third party. In  this  case  both  the  outward  risk  transfer  from  the  original  non-resident borrower has to be reported as well as the inward risk transfer to Australia.iii. Lending to a resident that is guaranteed by a non-resident third party. In this case, report the outward risk transfer from Australia as well as the inward risk transfer to the non-resident guarantor.iv. Lending to a non-resident where the exposure is extinguished by receiving a cash collateral. In  this  case  only  the  outward  risk  transfer  from  the  original  non-resident borrower has to be reported (but no inward risk transfer to Australia).