Australian Bureau of Statistics

Rate the ABS website
ABS Home > Statistics > By Release Date
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5232.0 - Australian National Accounts: Financial Accounts, Mar 2008  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 27/06/2008   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product

ANALYSIS AND COMMENTS MARKET SUMMARY


FINANCIAL MARKET SUMMARY

Selected Financial Instruments

Outstanding at end
Trans- actions during
Other changes during
Outstanding at end
Dec Qtr 2007
Mar Qtr 2008
Mar Qtr 2008
Mar Qtr 2008
Selected Financial Instruments
$b
$b
$b
$b

Currency and deposits
1 199.7
37.4
-2.3
1 234.8
Short term debt securities
631.5
18.0
-1.0
648.5
Long term debt securities
947.6
47.2
-0.3
994.4
Derivatives
222.8
-3.6
59.7
278.9
Loans and placements
2 750.0
12.8
-5.5
2 757.3
Listed shares
1 628.8
8.8
-266.6
1 371.1
Unlisted shares
1 181.9
12.1
-79.6
1 114.4
Reserves of life offices and pension funds
1 207.1
14.1
-105.8
1 115.5
General insurance prepayments and reserves
68.4
0.5
0.0
68.9


Deposit liabilities increased to $1,234.8b at the end of March 2008, following transactions of $37.4b during the quarter compared with transactions of -$31.9b in the previous quarter. The major contributors were other depository corporations which accepted $18.1b and banks which accepted $8.7b (down $19.1b on that accepted last quarter). Domestic sectors deposited a net $11.7b with the rest of the world, of which deposits by banks was $6.6b and the central bank, $4.0b.

Short term security liabilities increased to $648.5b at the end of March 2008. There were net issuances of $18.0b, comprising $4.0b in issues of bills of exchange and $14.0b in one name paper. Total long term debt security liabilities increased to $994.4b, following net issues of $47.2b during the quarter. Banks issued bonds worth net $41.2b, of which $11.8b was issued domestically and $29.4b offshore. Financial intermediaries n.e.c.had net issues of $4.7b, of which $10.5b were issued in the domestic market and $5.7b were redeemed offshore. Private non-financial corporations, national general government and the rest of the world issued net $2.7b, $0.8b and $0.5b respectively.

The value of derivative contracts on issue increased by $56.1b to $278.9b. Components of the increase were net settlements of $3.6b and valuation increases of $59.7b.

Loan liabilities rose to $2,757.3b at the end of March 2008, following transactions of $12.8b during the quarter. Households borrowed $20.5b, private non-financial corporations, $10.1b, rest of world, $8.3b and financial intermediaries n.e.c, $5.6b.

The listed share market decreased by $257.7b to $1,371.1b at the end of March 2008, with valuation decreases of $266.5b and issues of $8.8b. Private non-financial corporations issued $7.4b, banks issued $0.8b and financial Intermediaries n.e.c. $0.7b. The value of the unlisted share market decreased by $67.5b to $1,114.4b at the end of March 2008, with issues of $12.1b and valuation decreases of $79.6b. Rest of world issued $10.4b and private non-financial corporations issued $3.4b during the quarter.

At the end of March 2008, the reserves of life offices and pension funds were $1,115.5b following transactions during the quarter of $14.1b and valuation decrease of $105.7b. General insurance prepayments and reserves were $68.9b.


Bookmark and Share. Opens in a new window

Commonwealth of Australia 2014

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.