REGISTRY SERVICES

The Reserve Bank of Australia (RBA) maintains the Commonwealth Registry of Inscribed Stock on behalf of the Australian Government. Core services include:

• Issuance of securities;
• Transfer and registration of securities;
• Maintenance of ownership records; and
• Distribution of interest payments and redemption proceeds at maturity.

In addition to the above core functions, a number of additional functions specific to the Commonwealth Registry are also provided, including:

• Management and encashment of physical securities in circulation (some of which were issued prior to the Second World War);
• Maintenance of records and management of unclaimed monies relating specifically to Commonwealth Government securities (CGS) holdings; and
• Operation of a small investor facility, enabling retail investors to access the CGS by purchasing securities from the RBA’s portfolio at market-related prices. The RBA also repurchases CGS securities through the same facility.
• The RBA also provides registry services to a number of official foreign institutions who have Australian Dollar debt issuance programs.