Commonwealth Bank of Australia
Counterparty and other exposures
On 15 May 2008 Commonwealth Bank of Australia provided the market with an update of its exposure to CDOs and Asset Backed Commercial Paper Conduits. An updated copy of that disclosure is attached.
US Sub-prime
No direct exposures
Country-Wide exposure repaid in full in June 2008
CDOs
No direct exposure to unhedged CDO or CLO transactions
Small number of low $ value exposures which are fully hedged
One contingent exposure of USD30 million
Asset Backed Commercial Paper (ABCP) Conduits
Two Bank sponsored ABCP conduits with standby facilities drawn to $1.4bn
Highly rated assets – predominantly AAA, some AA -
Standby facilities to other conduits of $890m, currently drawn to $282m
Stock Lending
No material exposure to stock-lending sector
Lenders Mortgage Insurance
Mortgage insurance is outsourced to Genworth (98%) and PMI (2%)
Under “extreme stress” conditions, insured loan expected loss would be ~$360m.
Hedge Funds
No direct lending exposure to hedge funds
Limited exposure to hedge funds via FX and interest rate swap products
Fund of hedge funds – exposure to diversified funds that invest in hedge funds of ~$160m
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Last
$141.77 |
Change
2.270(1.63%) |
Mkt cap ! $237.2B |
Open | High | Low | Value | Volume |
$139.35 | $141.87 | $138.67 | $246.5M | 1.751M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3 | $141.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$141.79 | 1614 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3 | 141.690 |
1 | 4 | 141.600 |
1 | 155 | 141.500 |
1 | 2645 | 141.460 |
1 | 2645 | 141.340 |
Price($) | Vol. | No. |
---|---|---|
141.790 | 1614 | 1 |
141.800 | 121 | 2 |
141.820 | 2466 | 3 |
141.850 | 544 | 2 |
141.870 | 50 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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