Label: |
Gross Negative Market Value |
Concept Guidance: |
This is the value, as at the relevant date, for all liabilities resulting from the aggregate amount of all exposures with a negative market value.
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Form-Specifc Guidance: |
All items on the SRF 722.0 are required for Australia's National Accounts, which is based on the international standard, the System of National Accounts 2008 (2008 SNA) including the definition of market price.
Do not apply netting for those contracts subject to a master netting agreement or accounting offsetting at the reporting date.
Derivative contracts that have a positive market value at the reporting date must be reported separately as derivatives with a gross positive market value.
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