The total assets of Australian securitisers were valued at A$152.5 billion at the close of the 2020 calendar year. That is, the assets and liabilities of those financial institutions that issue securities against specifically matched assets, such as mortgages.
According to numbers released yesterday by the Australian Bureau of Statistics, this means there was an increase of A$0.1 billion (0.1 per cent) on the total reported for the quarter ended 30 September 2020.
However, the trend was not clear-cut for the various asset classes and liabilities. For instance, according to further analysis by the ABS, some of the major movements in balance sheet assets during the December 2020 quarter:
• total residential mortgages fell by $2.0 billion (down 1.6 per cent on the previous quarter) to $121.2 billion;
• total asset backed debt securities issued domestically rose $0.4 billion (0.3 per cent) to $144.1 billion (ABS did not provide any details on securitisation deals by Australian institutions that have been sold offshore).