PET - Plain English Taxonomy

Attribute: BSL22551
Concept:
Label: Weighted average interest rate for a new fixed-term
Concept Guidance:
This is the weighted sum of individual interest rates on new 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
(FixedTermDeposit)
The type of loan or deposit account.
Fixed term deposit means an account in which money has been placed for a fixed period for a stated interest rate. It includes term deposits; fixed-term deposits with a notice of withdrawal requirement; and non-negotiable certificates of deposit.
(New)
Information in relation to the status of an activity.
The status of the activity is new.
This dimension is used to segment reported information according to original term to maturity.
This dimension categorises the reported information according to the Standard Economic Sector Classifications of Australia (SESCA).