ASM 1.08% 47.0¢ australian strategic materials limited

Ann: EFA issues letter of support for the Dubbo Project, page-27

  1. 17 Posts.
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    According to EFA last year's report https://www.exportfinance.gov.au/media/7119/export-finance-australia-2019-2020-annual-report.pdf
    This 200m is probably under their "National Interest Account"
    "Under the NIA, the Minister can direct us to support transactions that are in the national interest."
    "The Commonwealth receives all income on NIA transactions. It also bears all risks and losses. Decisions under the NIA are the responsibility
    of the Government."
    "Our total exposure under the NIA at 30 June 2020 was $992.2 million" 200m is HUGE, 20% of all their existing loans. will be 2nd largest on their balance sheet except for a loan to Papua New Guinea, which is 400+m
    Also it appears to be interest free according to page 106 of the report which has nothing under "Interest income" of National Interest Account


 
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