AOFM Securities Lending Facility

The Reserve Bank operates a Securities Lending Facility on behalf of the Australian Office of Financial Management (AOFM). The securities available through the facility comprise all Treasury Bonds and Treasury Indexed Bonds currently on issue. The Reserve Bank will sell these securities under open repurchase agreements to RITS members eligible to participate in the Reserve Bank's domestic market operations. When calculating the Reserve Bank's exposures for margin maintenance, the Reserve Bank will include the sale of securities under this facility with Open Market Operations repos.

Further details are provided in the Operational Note on the AOFM's website.