PET - Plain English Taxonomy

Attribute:	BSAO28738
Concept:	Financial Risk Market Weighted Average Cost Of Funds On New Finance Percent
Label:	Weighted average cost of fund for new finance that was funded
Concept Guidance:	This is the weighted sum of individual costs of funds for new finance that was funded in the reporting period, as at the end of the reporting period, where the weights used are the corresponding balances expressed as a share of the total balance. The cost of funds is the institution's internal funds transfer pricing rate for an asset. The price is established by the institution's treasury area and 'charged' to the relevant business area.

Dimensions

Dimension	Member	Description
ActivityStatusDimension	(New)	Information in relation to the status of an activity. The status of the activity is new.
CategoryOfExposureDimension	(LoansFinanceLeasesBillAcceptances)	This dimension is used to segment data reported based on the categories of exposures. The reported information relates to business finance which covers loans, finance leases and bill acceptances. Finance leases are leases that transfers substantially all the risks and rewards incidental to the ownership of the asset. Title may or may not eventually be transferred.Bill acceptances are bills of exchange that have been signed by the drawee, which 'accepts' liability to pay out the funds on the due date. The drawer incurs a corresponding liability towards the drawee. Loans are financial assets that are: (1) created when a creditor lends funds directly to a debtor; and (2) are evidenced by non-negotiable documents.
CounterpartyRelationshipTypeDimension	(NonIntraGroupDomestic)	This dimension categorises reported information based on the type of relationship between two or more counterparties or based on the level of entity consolidation. The information reported is in relation to non-intra-group transactions or positions where the counterparty is not a related party of the authorised deposit-taking institution (ADI) or registered financial corporation (RFC) at the domestic books level.
FinancePurposeDimension	(Business)	Information in relation to the intended purpose that the finance will be used for. Transactions by persons, legal entities or other organisations related to their activities in the production and sale of goods and services for profit. In addition to transactions by non-for-profit organisations such as community service organisations.
InstitutionalUnitResidencyDimension	(NonResidentIndividualEnterpriseOrOther)	This dimension categorises reported information according to the residency of the institutional unit or the issuer of the financial instrument. The information categorises any institutional unit whose centre of predominant economic interest (principal place of residence or principal place of production) is outside Australia's economic territory. Including households whose principal place of residence is overseas; and foreign branches and foreign subsidiaries of Australian enterprises, but not Australian-based branches and subsidiaries of foreign enterprises.
StageOfFinanceDimension	(Funded)	The information provided relates to the various steps in the provision of finance. The information provided is considered funded for a loan or finance lease once any portion of the funds is made available for the borrower to draw down according to the terms of the contract. This will occur after there is a borrower-accepted commitment to provide finance.
StandardEconomicSectorClassificationsOfAustraliaDimension	(PrivatePublicSectorBusinesses)	This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA). Community service organisations, non-financial businesses and financial institutions.