PET - Plain English Taxonomy

Attribute:	BSL22477
Concept:	Financial Risk Market Weighted Average Interest Rate On Deposits Percent
Label:	Weighted average interest rate on deposits
Concept Guidance:	This is the weighted sum of individual interest rates on deposits, 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
AccountTypeDimension	(OffsetAccount)	The type of loan or deposit account. An offset account is one where a borrower has a deposit account and a loan with the same institution. Instead of receiving interest on the deposit account, the interest payment due on the loan is calculated on the net balance of the loan (credit outstanding on the loan less any amount in the deposit account).
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.
StandardEconomicSectorClassificationsOfAustraliaDimension	(ResidentHouseholds)	This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA). Resident persons whose dealings with other sectors are for personal or housing purposes.