Registry Services
The Reserve Bank of Australia 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 Reserve Bank's portfolio at market-related prices. The Bank also repurchases CGS through the same facility.
- The Reserve Bank also provides registry services to a number of official foreign institutions who have Australian Dollar debt issuance programs.
