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Assets of Australian-located Operations

In March 2003, banks and selected Registered Financial Corporations (RFCs) began reporting their international assets, liabilities and country exposures to APR in ARF/RRF 231 International Exposures. This return is the basis of the data provided by Australia to the Bank for International Settlements (BIS) for its International Banking Statistics (IBS) data collection. APR ceased the RFC data collection after September 2010.

The IBS data are based on the methodology described in the BIS Guide on International Financial Statistics [PDF] (see Part II International banking statistics). Data reported for Australia, and other countries, on the BIS website are expressed in United States dollars (USD).

Data are recorded on an end-quarter basis.

All banks operating in Australia complete ARF 231. Between March 2003 and September 2010, only those larger RFCs with sizeable overseas assets and/or liabilities completed RRF 231. Bank and RFC positions are reported in Australian dollars (AUD). Non-AUD denominated positions have been converted to AUD using an appropriate end-quarter exchange rate, so changes in reported data between quarters are due not only to changes in positions but also valuation gains or losses due to exchange rate changes.

There are two sets of IBS data: locational data, which are used to gauge the role of banks and financial centres in the intermediation of international capital flows; and consolidated data, which can be used to monitor the country risk exposure of national banking systems. Only locational data are reported in this statistical table and all assets are reported at market value. A

The locational data presented in this statistical table may differ from the balance sheet data reported by banks (and RFCs between March 2003 and September 2010) in their ARF/RRF 320.0 Statement of Financial Position return to APR (and published in statistical tables B2, B3, B9 and B10). ARF/RRF 231 asks for gross positions to be reported (including on-balance sheet derivatives). However, in ARF/RRF 320.0, derivative positions can be reported on a net asset or net liability basis. This difference is particularly relevant in the case of foreign currency derivative positions with residents in Australia (included in other assets and other liabilities in the locational data).

Data are shown for a selected group of countries that account for the bulk of the total. Similar data for other countries are also available in statistical table B12.1.1.

The positions by country are summed to produce a aTotal non-residentsa figure that represents reporting entitiesa total positions with offshore counterparties in all currencies. The positions shown for Australia are positions with residents in foreign currency.

aLoansa comprise those financial assets that are created through the lending of funds by a creditor (lender) to a debtor (borrower) and that are not represented by negotiable securities.

Sale and repurchase transactions (repos) involving the sale of assets (e.g. securities and gold) with a commitment to repurchase the same or similar assets, financial leases, promissory notes, non-negotiable debt securities, endorsement liabilities arising from bills rediscounted abroad and subordinated loans (including subordinated non-negotiable debt securities) are also included as aLoansa.

aDebt securities helda are all negotiable short- and long-term debt instruments (including negotiable certificates of deposit, but excluding equity shares, investment fund units and warrants). Also included are those international debt securities held in an entityas own name but on behalf of third parties as part of trustee business. Debt securities held on a purely custodial basis for customers and debt securities acquired in the context of securities lending transactions without cash collateral are not included in the data on holdings of debt securities. The borrowing of securities that are subsequently sold to third parties may result in negative holdings of securities.

aOther assetsa mainly comprise equity shares (including mutual and investment fund units and holdings of shares in a reporting entityas own name but on behalf of third parties), participations, on-balance sheet derivative contracts and working capital supplied by head offices to their branches abroad.

Negative asset positions may be reported due to short selling of securities acquired in the context of repo or bond lending transactions.

Reporting entitiesa holdings of international notes and coin that are in circulation and commonly used to make payments are recorded as claims in the form of loans and deposits. Loans that have become negotiable de facto are classified under debt securities.

Data and Resources

Additional Info

Field Value
Title Assets of Australian-located Operations
Type Dataset
Language English
Licence notspecified
Update Frequency Quarterly
Landing Page https://data.gov.au/data/dataset/9bba35ed-66c9-4cd0-af37-c303a0b23f7d
Date Published 2013-05-12
Date Updated 2015-03-07
Contact Point
Reserve Bank of Australia
Temporal Coverage 2003 to current
Geospatial Coverage Australia
Data Portal data.gov.au
Publisher/Agency Reserve Bank of Australia