22 Explanatory Notes ........................................ ADDITIONAL INFORMATION 21 Hedging policy - expected future foreign currency denominated payments from trade 15 .................................. 20 Hedging policy - foreign currency denominated debt liabilities 14 ........ 19 Hedging policy - expected future foreign currency denominated receipts from trade 13 ......................................... 18 Hedging policy - foreign currency denominated debt assets 12 .......... 17 Hedging policy - foreign portfolio equity assets 11 .................. 16 Hedging policy - foreign direct equity assets 10 .................... 15 Value of derivative contracts by maturity and sector 9 ............... 14 Type of derivative contracts by currency 8 ...................... 13 Type of derivative contracts by sector 7 ........................ 12 Expected future foreign currency receipts and payments from trade 6 ..... 11 Maturity of foreign currency debt assets and liabilities by sector 5 ....... 10 Foreign currency exposure of derivative contracts by currency 4 ......... 9 Foreign currency exposure of assets and liabilities by currency 3 ......... 8 Foreign currency exposure, by sector 2 ......................... AT 31 MARCH 2009 7 Foreign currency exposure at end of period 1 ..................... TABLES 3 Analysis and Comments ..................................... 2 Notes ................................................ page CONTENTS E M B A R G O : 1 1 . 3 0 A M ( C A N B E R R A T I M E ) F R I 3 0 O C T 2 0 0 9 FOREIGN CURRENCY EXPOSURE AUSTRALIA 5308.0 M A R C H Q U A R T E R 2 0 0 9 For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Athol Maritz on Canberra (02) 6252 7107. INQUIRIES www.abs.gov.au
24
Embed
FOREIGN CURRENCY AUSTRALIA EXPOSURE · foreign currency exposure of $43.3b, an increase of $20.9b on the net long position at 31 March 2005. Other financial corporations had a net
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
22Explanatory Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .A D D I T I O N A L I N F O R M A T I O N
21Hedging policy - expected future foreign currency denominatedpayments from trade
E M B A R G O : 1 1 . 3 0 A M ( C A N B E R R A T I M E ) F R I 3 0 O C T 2 0 0 9
FOREIGN CURRENCYEXPOSURE
A U S T R A L I A
5308.0M A R C H Q U A R T E R 2 0 0 9
For further informationabout these and relatedstatistics, contact theNational Information andReferral Service on1300 135 070 orAthol Maritz on Canberra(02) 6252 7107.
I N Q U I R I E S
w w w . a b s . g o v . a u
Where figures have been rounded, discrepancies may occur between the sum of
component items and the total.
RO U N D I N G
This publication presents results in respect of 31 March 2009, from an Australian Bureau
of Statistics (ABS) survey of Australian resident enterprises with exposure to foreign
currency. The survey sought to cover all enterprises with significant foreign currency
287.5121.885.0Net foreign currency derivatives exposure1 257.11 113.0463.4Principal value of foreign currency derivative contracts sold in exchange for Australian dollars1 544.61 234.8548.4Principal value of foreign currency derivative contracts bought in exchange for Australian dollars
A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9 7
(a) For sign conventions see paragraph 13 of the Explanatory Notes.— nil or rounded to zero (including null cells)np not available for publication but included in totals where applicable, unless
1 257.125.087.33.290.533.636.5981.0Principal value of foreign currency derivative contracts sold in exchange
for Australian dollars
1 544.624.463.92.3131.145.443.81 233.7Principal value of foreign currency derivative contracts bought in exchange
for Australian dollars
$b$b$b$b$b$b$b$b
Total all
currenciesOther
New
Zealand
dollar
Swiss
francEuro
Japanese
yen
United
Kingdom
pound
United
States
dollar
FOREIGN CURRENCY EXPOSURE OF DERIVAT IVE CONTRACTS BY CURRENCY AT 31 MARCH
2009 (a)4
10 A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9
(a) For sign conventions see paragraph 13 of the Explanatory Notes.— nil or rounded to zero (including null cells)
–131.8–35.31.52.311.5–111.8Greater than 5 years–122.4–46.11.1–0.69.7–86.5Greater than 1 year but less than or equal to 5 years
–28.2–5.8–5.3–0.11.5–18.5Greater than 6 months but less than or equal to 1 year–40.40.6–0.5–1.84.1–42.8Greater than 90 days but less than or equal to 6 months–90.2–12.6–3.7–11.317.1–79.7Less than or equal to 90 days
With a maturity of:
–413.0–99.2–6.9–11.543.9–339.3Net exposure from foreign currency denominated debt assets and liabilities
229.654.43.531.0—140.7Greater than 5 years206.250.5—29.4—126.3Greater than 1 year but less than or equal to 5 years
47.16.35.34.1—31.4Greater than 6 months but less than or equal to 1 year66.12.60.510.2—52.8Greater than 90 days but less than or equal to 6 months
279.835.14.942.8—197.0Less than or equal to 90 daysWith a maturity of:
97.819.15.033.311.528.9Greater than 5 years83.84.41.128.89.739.8Greater than 1 year but less than or equal to 5 years18.90.5—4.01.512.9Greater than 6 months but less than or equal to 1 year25.73.2—8.44.110.0Greater than 90 days but less than or equal to 6 months
189.622.51.231.517.1117.3Less than or equal to 90 daysWith a maturity of:
MATURITY OF FORE IGN CURRENCY DEBT ASSETS AND LIABIL IT IES BY SECTOR AT 31
MARCH 2009 (a)5
A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9 11
(a) For sign conventions see paragraph 13 of the Explanatory Notes.(b) For more information about the quality of these estimates see paragraph 11 of the Explanatory Notes.
49.8150.5200.3Greater than 1 year but less than or equal to 5 years4.625.730.3Greater than 6 months but less than or equal to 1 year2.815.017.8Greater than 90 days but less than or equal to 6 months
–0.321.120.8Less than or equal to 90 daysWith a maturity of:
56.9212.3269.2Expected future foreign currency receipts and payments from trade
$b$b$b
Net
receiptsPaymentsReceipts
T ime ho r i z on ove r wh i ch rece i p t s and paymen t s are expec t ed
EXPECTED FUTURE FOREIGN CURRENCY RECEIPTS AND PAYMENTS FROM TRADE AT 31
MARCH 2009 (a) (b )6
12 A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9
— nil or rounded to zero (including null cells)
1 138.16.90.849.31.41 079.7Principal value of foreign currency derivative
1 544.624.463.92.3131.145.443.81 233.7Principal value of foreign currency derivative contracts bought in
exchange for Australian dollars
$b$b$b$b$b$b$b$b
Total all
currencies
Other
New
Zealand
dollar
Swiss
franc
Euro Japanese
yen
United
Kingdom
pound
United
States
dollar
Produc t type
TYPE OF DERIVAT IVE CONTRACTS BY CURRENCY AT 31 MARCH 20098
14 A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9
np not available for publication but included in totals where applicable, unlessotherwise indicated
— nil or rounded to zero (including null cells)
56.90.4———56.5Greater than 5 years108.62.2—0.6—105.8Greater than 1 year but less than or equal to 5 years
99.71.0—2.9—95.8Greater than 6 months but less than or equal to 1 year164.61.3—2.5—160.8Greater than 90 days but less than or equal to 6 months708.32.00.843.31.4660.8Less than or equal to 90 days
With a maturity of:
1 138.16.90.849.31.41 079.7Principal value of foreign currency derivative contracts not involving
Australian dollars
84.2npnp2.7—81.0Greater than 5 years224.421.64.422.2—176.3Greater than 1 year but less than or equal to 5 years
99.1npnp7.5—82.2Greater than 6 months but less than or equal to 1 year181.9npnp15.6—143.8Greater than 90 days but less than or equal to 6 months667.559.91.1169.90.9435.8Less than or equal to 90 days
With a maturity of:
1 257.197.521.8217.80.9919.1Principal value of foreign currency derivative contracts sold in
exchange for Australian dollars
160.713.83.326.4—117.2Greater than 5 years329.527.72.632.1—267.1Greater than 1 year but less than or equal to 5 years131.98.20.33.4—120.0Greater than 6 months but less than or equal to 1 year240.76.01.68.1—225.0Greater than 90 days but less than or equal to 6 months681.846.210.480.50.3544.4Less than or equal to 90 days
With a maturity of:
1 544.6101.918.3150.50.31 273.6Principal value of foreign currency derivative contracts bought in
exchange for Australian dollars
$b$b$b$b$b$b
Total
all
sectors
Other
resident
sectors
Central
borrowing
authorities
& general
government
Other
financial
corporationsRBABanks
Produc t type
VALUE OF DERIVAT IVE CONTRACTS BY MATURITY AND SECTOR AT 31 MARCH 20099
A B S • FO R E I G N CU R R E N C Y EX P O S U R E • 5 3 0 8 . 0 • MA R C H QU A R T E R 20 0 9 15
(a) Weighted mean of percentage hedge across all those who use partialhedge applied to value of exposure.
— nil or rounded to zero (including null cells)np not available for publication but included in totals where applicable,
unless otherwise indicated
16.9np—8.3—npAggregate exposure managed by varying the level of
exposure around the benchmark
39.040.0—38.5——Average level of hedging if partial is used (%)(a)
252.4184.8—46.8—20.8Total
15.913.2—np—npNo set benchmark48.916.0—32.9——Partial hedge
Our consultants can help you access the full range ofinformation published by the ABS that is available free ofcharge from our website. Information tailored to yourneeds can also be requested as a 'user pays' service.Specialists are on hand to help you with analytical ormethodological advice.
I N F O R M A T I O N A N D R E F E R R A L S E R V I C E
www.abs.gov.au the ABS website is the best place fordata from our publications and information about the ABS.