PET - Plain English Taxonomy

Attribute: BSAO28527
Concept:
Label: Credit sold
Concept Guidance:
This is the value of the credit sold during the period. This comprises loans that are no longer recorded as being on-balance sheet as a result of this sale, excluding any premium or discount. 
Dimensions
Dimension Member Description
(Loans)
This dimension is used to segment data reported based on the categories of exposures.
The information reported is in relation to loans. Loans means a financial asset that is: (1) created when a creditor lends funds directly to a debtor; and (2) is evidenced by non-negotiable documents.
(Housing)
Information in relation to the intended purpose that the finance will be used for.
Transactions by households related to the provision of residential property for use by the household sector.
(ResidentIndividualEnterpriseOrOther)
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 within Australia's economic territory. Including households whose principal place of residence is in Australia; and Australian branches and Australian subsidiaries of foreign enterprises, but not foreign branches and foreign subsidiaries of Australian enterprises.
(InvestmentHousing)
Information in relation to the intended purpose of the counterparty in regards to loan agreements entered into by the entity.
Information in relation to loans for the purpose of housing, where the funds are used for a residential property that is not owner-occupied.
(FixedTermLoans)
A list that identifies loan types.
The reported information relates to loans extended for a fixed period, with a maturity date by which the loan must be repaid. Repayments over the fixed period reduce the credit outstanding and do not make further finance available.
(OffBalanceSheetSecuritised)
This dimension categorises the reported data according to the accounting treatment of securitisations.
Information reported relates to the exposure arising from assets that have been removed from the institution's balance sheet because they were moved to a special purpose vehicle (SPV) for the purposes of a securitisation, and have been derecognised from the balance sheet under Australian Accounting Standards.