5232.0 - Australian National Accounts: Finance and Wealth, Mar 2019 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 27/06/2019   
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Financial market summary

Financial market summary

Outstanding at end
Transactions during
Other changes during
Outstanding at end
Dec Qtr 2018
Mar Qtr 2019
Mar Qtr 2019
Mar Qtr 2019
$b
$b
$b
$b

Currency and deposits
Currency
85.2
-1.4
-
83.8
Transferable deposits
898.1
-3.2
-0.4
894.6
Other deposits
1 642.9
2.4
-0.7
1 644.7
Short term debt securities
Bills of exchange
31.3
-3.8
-
27.5
One name paper
505.0
3.0
0.1
508.1
Long term debt securities
Bonds, etc.
2 556.9
-7.5
52.9
2 602.3
Derivatives
Derivatives
511.3
-47.7
72.2
535.9
Loans and placements
Short term
374.3
15.3
-0.3
389.3
Long term
3 811.6
14.3
-0.4
3 825.5
Shares and other equity
Listed
1 773.8
1.1
156.9
1 931.8
Unlisted
4 445.9
32.2
127.5
4 605.6
Insurance technical reserves
Reserves of pension funds and life offices
2 429.7
22.9
109.8
2 562.4
General insurance prepayments and reserves
114.8
4.5
-
119.3

- nil or rounded to zero (including null cells)


Revaluation gains in the stock market

Other private non-financial corporation shares drove the revaluation gains in the Australian stock market during the quarter.

Graph 1. The listed shares and other equity market
Graph 1 show The listed shares and other equity market


Revaluation gains in the bonds market

The total bonds market increased 1.8% driven by revaluations. Bonds issued onshore increased 2.7% due to positive revaluations in national general government bonds. Bonds issued offshore decreased 0.4% driven by net maturities of bank bonds held by rest of world.

Graph 2. The bonds market
Graph 2 shows The bonds market


Other notable events in financial markets during the quarter include:
  • Growth in long term loan issuance was subdued at 0.4% due to decreased growth in banks issuance to rest of the world (-13.3%) as loans reached maturity
  • Quarterly deposit growth dropped to -0.1%, driven by decreases in non-financial corporations transferable deposits with banks, other depository corporations and rest of world.