PET - Plain English Taxonomy

Attribute:	BSAO29100
Concept:	Financial Risk Market Weighted Average Interest Rate On New Finance Percent
Label:	Weighted average interest rate on new finance funded in the month
Concept Guidance:	This is the weighted sum of individual interest rates, as at the end of the reporting period, on new finance that was funded in the reporting period, where the weights used are the corresponding balances expressed as a share of the total balance. The interest rate is the contractual rate to be paid to or received by the customer/counterparty/debtholder.

Dimensions

Dimension	Member	Description
FinancePurposeDimension	(Personal)	Information in relation to the intended purpose that the finance will be used for. Transactions by persons within the household sector whose dealings with other sectors are for purposes other than business purposes or housing purposes.
InstitutionalUnitResidencyDimension	(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.
LoanTypeDimension	(OI14289)	A list that identifies loan types.
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.
ValueAtCommitmentDimension	(OI14290)	This information categorises the value of finance at commitment at the facility level into pre-set dollar bands. The value at commitment includes the entire value of the commitment in the reporting period in which it is funded, not just the amount drawn.