QUARTER 1

15/3/2004

Code

Description

Coupon

FUT3YR
FUT10YR
CP3M
INVCP3M
DB05
DB07
DB09
DB14
US07
US14
EUR09
CCSUS07
CCSUS14
CCSEUR09
IRSDB07
IRSDB09
IRSDB14

3 Year Bond Futures - Jun 2004

10 Year Bond Futures - Jun 2004
3 Month Commercial Paper
3 Month Investment CP
Domestic Bond maturing in 2005
Domestic Bond maturing in 2007
Domestic Bond maturing in 2009
Domestic Bond maturing in 2014
Eurobond (US) maturing in 2007
Eurobond (US) maturing in 2014
Eurobond (EUR) maturing in 2009
Cross Currency Swap - US07
Cross Currency Swap - US14
Cross Currency Swap - EUR09
Interest Rate Swap - DB07
Interest Rate Swap - DB09
Interest Rate Swap - DB14

6.00%
6.00%
0.00%
0.00%
5.70%
5.75%
5.79%
5.87%
2.00%
4.50%
3.50%
2.00%
4.50%
3.50%
5.75%
5.79%
5.87%

Term (Months)

3
3

Information

Maturity

Currency

15/6/2004
15/6/2004
15/3/2005
15/3/2007
15/3/2009
15/3/2014
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2009
15/3/2014

AUD
AUD
AUD
AUD
AUD
AUD
AUD
AUD
USD
USD
EUR
USD
USD
EUR
AUD
AUD
AUD

Management Ranges
Code
CP3M
DB05
DB07
DB09
DB14
Mod Duration

Benchmark
20.00%
12.50%
17.50%
20.00%
30.00%
3.75 years

Facility Class
Commercial Paper
Domestic Bonds
Eurobonds

Minimum
15%
15%
15%

Investments
Range
Coolum Treasury Corporation 40% - 100%
First Mudjimba Bank
0% - 60%
Peregian Trust Bank
0% - 40%
Bli Bli Corporation Ltd
0% - 40%
Maximum Face Value
500,000,000.00

CTM - February 19 - 21, 2004

0 Quarter 1 Rates 15/3/2004

Maturity
Spot Rate (Call)
3 months
6 months
9 months
12 months
15-Mar-2005
15-Mar-2007
15-Mar-2009
15-Mar-2014

Exchange Rates
USD
EUR
0.7648/0.7652
0.6048/0.6052
-0.0088/-0.0087 -0.0052/-0.0051
-0.0170/-0.0167 -0.0107/-0.0105
-0.0235/-0.0231 -0.0159/-0.0155
-0.0300/-0.0294 -0.0211/-0.0207

Commodity Prices
Copper/tonne
US$2,340/2,345
US$2,405/2,410
US$2,414/2,419
US$2,422/2,427
US$2,429/2,434

Information

AUD
5.48/52
5.51/55
5.56/60
5.63/67
5.76/80
5.68/72
5.73/77
5.77/81
5.85/89

Interest Rates
USD
EUR
0.98/02
1.98/02
0.90/94
2.09/13
1.05/09
1.99/03
1.40/44
2.04/08
1.63/67
2.11/15
1.85/89
3.25/29
4.38/42

2.84/88
3.46/50
4.34/38

AUD

6.04/08
6.03/07
6.08/12

Swap Rates
USD

EUR

2.13/17
3.71/75
4.61/65

The floating side of Domestic and Cross Currency Swaps are done at the current mid 3 month rate.
Eg. For this quarter the rate would be 5.53%.
The spot rate for Eurobonds and Cross Currency Swaps is the current mid spot rate.
Eg. For this quarter the rate for a US Eurobond would be 0.765 and 0.605 for an EUR Eurobond.

Investment Commercial Paper

Counterparty
Coolum Treasury Corporation
First Mudjimba Bank
Peregian Trust Bank
Bli Bli Corporation Ltd

Rates
5.51/55
5.61/65
5.71/75
5.71/75

Futures Contracts
Contract
Brokerage
Rates
Deposit Margin

CTM - February 19 - 21, 2004

3 Year Bond Futures

10 Year Bond
- Jun 2004
Futures - Jun 2004
$5 per contract
$5 per contract
94.35/94.33
94.32/94.30
$700 per contract
$2,000 per contract

.7648/0.7652

Modified Duration
CP3M/Floating
DB05
DB07/IRSDB07
DB09/IRSDB09
DB14/IRSDB14

Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating side of all
Interest Rate Swaps

PORTFOLIO TOTAL

INITIAL POSITION - QUARTER 1

15/3/2004
Benchmark
3.75
20.00%
12.50%
17.50%
20.00%
30.00%

Actual
3.75
20.00%
12.50%
17.46%
20.11%
29.93%

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.71
7.48
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.96
2.72
4.29
7.48

2.00%
4.50%
3.50%

2.90
7.99
4.55

2.00%
4.50%
3.50%

2.90
7.97
4.54

5.75%
5.79%
5.87%

Portfolio Market Value

Facility Class
Bills (CP3M Only)
Domestic Bonds
Eurobonds

Face Value

Proportion
20.00%
60.00%
20.09%

Market Value

Information

1,000,000,000
Cash at Bank
Portfolio Generated
Cashflows

Face Value

0.00
0.00

Market Value

0.00
0.00
202,797,180.25
0.00
202,797,180.25
125,000,000.00
125,000,000.00
200,000,000.00
150,000,000.00
600,000,000.00
US0.00
US76,500,000.00
EUR60,500,000.00
200,000,000.00
US0.00
-US76,500,000.00
-EUR60,500,000.00
-200,000,000.00

0.00
0.00
200,009,324.26
0.00
200,009,324.26
125,000,000.00
125,000,000.00
200,000,000.00
150,000,000.00
600,000,000.00
0.00
100,802,009.27
100,091,060.16
200,893,069.43
0.00
-98,968,769.53
-98,959,668.12
-197,928,437.65

0.00
0.00
202,797,180.25
0.00
202,797,180.25
125,000,000.00
175,000,000.00
200,000,000.00
300,000,000.00
800,000,000.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
200,009,324.26
###
0.00
###
200,009,324.26
125,000,000.00
###
174,580,584.79
###
200,000,000.00
###
297,445,459.17
###
797,026,043.96
0.00
###
1,833,239.74
###
1,131,392.04
###
2,964,631.78
###
###
###

0.25

200,000,000.00

200,000,000.00

200,000,000.00

2.71
4.28
7.45

50,000,000.00
0.00
150,000,000.00
200,000,000.00

49,580,584.79
0.00
147,445,459.17
197,026,043.96

200,000,000.00
###
###
###
###

0.25

-200,000,000.00

-200,000,000.00

-200,000,000.00

-200,000,000.00
###

1,000,000,000.00
CTM - February 19 - 21, 2004

1,000,000,000.00
###

QUARTER 1

15/3/2004

Opening Cash
Client Cashflows
PGC
Deposit Margins
Total Requirements
Confirmed Proceeds
Outstanding Funding

0
0
0
0
0
0
0

Information
3.75

Position Including D
Proportions

3.75
0

2.75

3.75

4.75

7.50
###

Deal

Instrument

FUT3YR

FUT10YR

Deal

Instrument

Description

3 Year Bond Futures Jun 2004

10 Year Bond Futures Jun 2004
Description

Coupon

Settlement

Contract
Size

6.00%

15/6/2004

100,000

BuyBuy

6.00%

15/6/2004

100,000

BuySell

Coupon

Maturity

Currency

Buy/Sell

Buy/Sell

Confirm
2

Confirm
3

Confirm
4

Confirm
5

Confirm
6

Confirm
7

Confirm
8

Confirm
9

Confirm
10

Confirm
11

Confirm
12

Confirm
13

Confirm
14

Confirm
15

Confirm

CTM - February 19 - 21, 2004

Number of Contracts

Price

Notional Value

Spot
Rate

Proceeds (AUD)

Confirm
Confirm
Face Value (Currency
of Issue)

Yield

PORTFOLIO POSITION AFTER CONFIRMED DEALS - QUARTER 1

###

Portfolio Market Value

Modified Duration
Cash at Bank
CP3M/Floating
DB05
DB07 *
DB09 *
DB14 *

Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating side of all Interest
Rate Swaps

PORTFOLIO TOTAL

Benchmark
3.75
0.00%
20.00%
12.50%
17.50%
20.00%
30.00%

Actual
3.75
0.00%
20.00%
12.50%
17.46%
20.11%
29.93%

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
1.54
1.03
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.96
2.72
4.29
7.48

2.00%
4.50%
3.50%

2.90
7.99
4.55

2.00%
4.50%
3.50%

2.90
7.97
4.54

5.75%
5.79%
5.87%

1,000,000,000
Facility Class
Bills (CP3M only)
Domestic Bonds
Eurobonds

Information
Proportion
20.00%
60.00%
20.09%

* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Initial Position
Face Value
Market Value
0.00
0.00
0.00
0.00
202,797,180.25
200,009,324.26
0.00
0.00
202,797,180.25
200,009,324.26
125,000,000.00
125,000,000.00
125,000,000.00
125,000,000.00
200,000,000.00
200,000,000.00
150,000,000.00
150,000,000.00
600,000,000.00
600,000,000.00
US0.00
0.00
US76,500,000.00
100,802,009.27
EUR60,500,000.00
100,091,060.16
200,000,000.00
200,893,069.43
US0.00
0.00
-US76,500,000.00
-98,968,769.53
-EUR60,500,000.00
-98,959,668.12
-200,000,000.00
-197,928,437.65

Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
US0.00
US0.00
EUR0.00
0.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.25

200,000,000.00

200,000,000.00

0.00

0.00

2.71
4.28
7.45

50,000,000.00
0.00
150,000,000.00
200,000,000.00

49,580,584.79
0.00
147,445,459.17
197,026,043.96

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.25

-200,000,000.00

-200,000,000.00

0.00

0.00

1,000,000,000.00

CTM - February 19 - 21, 2004

0.00

After Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
202,797,180.25
200,009,324.26
0.00
0.00
202,797,180.25
200,009,324.26
125,000,000.00
125,000,000.00
175,000,000.00
174,580,584.79
200,000,000.00
200,000,000.00
300,000,000.00
297,445,459.17
800,000,000.00
797,026,043.96
US0.00
0.00
US0.00
1,833,239.74
EUR0.00
1,131,392.04
0.00
2,964,631.78

200,000,000.00

200,000,000.00

-200,000,000.00

-200,000,000.00

1,000,000,000.00

QUARTER 2

15/6/2004

To commence Quarter 2, you are required to enter your Portfolio Generated Cashflows.
They do not include Client Cashflows (Advances, Repayments or Debt Service Payments).
You are able to change this value through the Initial Position page.

Portfolio Generated Cashflows

(Does not include Client Cashflows)

0.00

Continue to Initial Position

CTM - February 19 - 21, 2004

QUARTER 2

15/6/2004

Code

Description

Coupon

FUT3YR
FUT10YR
CP3M
INVCP3M
DB05
DB07
DB09
DB14
US07
US14
EUR09
CCSUS07
CCSUS14
CCSEUR09
IRSDB07
IRSDB09
IRSDB14

3 Year Bond Futures - Sep 2004

10 Year Bond Futures - Sep 2004
3 Month Commercial Paper
3 Month Investment CP
Domestic Bond maturing in 2005
Domestic Bond maturing in 2007
Domestic Bond maturing in 2009
Domestic Bond maturing in 2014
Eurobond (US) maturing in 2007
Eurobond (US) maturing in 2014
Eurobond (EUR) maturing in 2009
Cross Currency Swap - US07
Cross Currency Swap - US14
Cross Currency Swap - EUR09
Interest Rate Swap - DB07
Interest Rate Swap - DB09
Interest Rate Swap - DB14

6.00%
6.00%
0.00%
0.00%
5.70%
5.75%
5.79%
5.87%
2.00%
4.50%
3.50%
2.00%
4.50%
3.50%
5.75%
5.79%
5.87%

Term (Months)

3
3

Deal Entry

Maturity

Currency

15/9/2004
15/9/2004
15/3/2005
15/3/2007
15/3/2009
15/3/2014
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2009
15/3/2014

AUD
AUD
AUD
AUD
AUD
AUD
AUD
AUD
USD
USD
EUR
USD
USD
EUR
AUD
AUD
AUD

Management Ranges
Code
CP3M
DB05
DB07
DB09
DB14
Mod Duration

Benchmark
20.00%
10.00%
15.00%
22.50%
32.50%
3.74 years

Facility Class
Commercial Paper
Domestic Bonds
Eurobonds

Minimum
15%
15%
15%

Investments
Range
Coolum Treasury Corporation 40% - 100%
First Mudjimba Bank
0% - 60%
Peregian Trust Bank
0% - 40%
Bli Bli Corporation Ltd
0% - 40%
Maximum Face Value
500,000,000.00

CTM - February 19 - 21, 2004

0 Quarter 2 Rates 15/6/2004

Maturity
Spot Rate (Call)
3 months
6 months
9 months
12 months
15-Mar-2005
15-Mar-2007
15-Mar-2009
15-Mar-2014

Exchange Rates
USD
EUR
0.7750/0.7754
0.6229/0.6233
-0.0087/-0.0086 -0.0053/-0.0052
-0.0166/-0.0163 -0.0107/-0.0105
-0.0227/-0.0223 -0.0158/-0.0154
-0.0280/-0.0274 -0.0203/-0.0199

Commodity Prices
Copper/tonne
US$2,360/2,365
US$2,385/2,390
US$2,379/2,384
US$2,377/2,382
US$2,364/2,369

Deal Entry

AUD
5.48/52
5.50/54
5.52/56
5.58/62
5.57/61
5.53/57
5.68/72
5.90/94
6.08/12

Interest Rates
USD
EUR
0.98/02
1.98/02
1.00/04
2.12/16
1.16/20
2.03/07
1.52/56
2.09/13
1.77/81
2.16/20
2.01/05
3.45/49
4.67/71

2.90/94
3.54/58
4.47/51

AUD

5.94/98
6.11/15
6.26/30

Swap Rates
USD

EUR

2.27/31
3.76/80
4.88/92

The floating side of Domestic and Cross Currency Swaps are done at the current mid 3 month rate.
The spot rate for Eurobonds and Cross Currency Swaps is the current mid spot rate.

Investment Commercial Paper

Counterparty
Coolum Treasury Corporation
First Mudjimba Bank
Peregian Trust Bank
Bli Bli Corporation Ltd

Rates
5.50/54
5.70/74
5.80/84
5.75/79

Futures Contracts
Contract
Brokerage
Rates
Deposit Margin

CTM - February 19 - 21, 2004

3 Year Bond Futures

10 Year Bond
- Sep 2004
Futures - Sep 2004
$5 per contract
$5 per contract
94.40/94.38
94.11/94.09
$700 per contract
$2,000 per contract

INITIAL POSITION - QUARTER 2

15/6/2004

Deal Entry

Portfolio Market Value

906,040,110
Benchmark
Actual
Modified Duration
3.74
4.66
Cash at Bank
0.00%
0.02%
Facility Class
Proportion
Cash at Bank
(151,618.40)
CP3M/Floating
20.00%
0.00%
Bills (CP3M Only)
0.00%
Portfolio Generated
0.00
DB05
10.00%
14.01%
Domestic Bonds
77.83%
Cashflows
DB07 *
15.00%
19.58%
Eurobonds
21.64%
Re-enter Portfolio Generated
DB09 *
22.50%
22.38%
Cashflows
DB14 *
32.50%
44.02%
* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating side of all
Interest Rate Swaps

PORTFOLIO TOTAL

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.72
7.45
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.71
2.48
4.04
7.21

2.00%
4.50%
3.50%

2.65
7.71
4.30

2.00%
4.50%
3.50%

2.64
7.69
4.29

5.75%
5.79%
5.87%

Face Value

Market Value

Face Value

Market Value

0.00
0.00
0.00
0.00
0.00
125,000,000.00
125,000,000.00
200,000,000.00
250,000,000.00
700,000,000.00
US0.00
US76,500,000.00
EUR60,500,000.00
195,779,379.84
US0.00
-US76,500,000.00
-EUR60,500,000.00
-195,779,379.84

0.00
0.00
0.00
0.00
0.00
126,914,694.94
126,951,094.73
201,826,714.71
249,481,904.25
705,174,408.63
0.00
98,340,243.90
97,693,114.72
196,033,358.62
0.00
-96,762,812.96
-96,773,425.92
-193,536,238.88

0.00
0.00
0.00
0.00
0.00
125,000,000.00
175,000,000.00
200,000,000.00
400,000,000.00
900,000,000.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
126,914,694.94
177,405,752.81
201,826,714.71
397,244,209.35
903,391,371.81
0.00
1,577,430.94
919,688.80
2,497,119.74

0.25

200,000,000.00

200,000,000.00

200,000,000.00

200,000,000.00

2.47
4.03
7.18

50,000,000.00
0.00
150,000,000.00
200,000,000.00

50,454,658.08
0.00
147,762,305.10
198,216,963.18

0.25

-200,000,000.00

-200,000,000.00

-200,000,000.00

-200,000,000.00

905,888,491.55

CTM - February 19 - 21, 2004

905,888,491.55

###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

QUARTER 2

15/6/2004
-151,618
0
0
0
-151,618
0
-151,618

Opening Cash
Client Cashflows
PGC
Deposit Margins
Total Requirements
Confirmed Proceeds
Outstanding Funding

Deal

Instrument

FUT3YR

FUT10YR

Deal

Instrument

Description

3 Year Bond Futures Sep 2004

10 Year Bond Futures Sep 2004
Description

Deal Entry
4.66

4.66
0

2.74

Coupon

Settlement

Contract
Size

6.00%

9/15/2004

100,000

6.00%

9/15/2004

100,000

Coupon

Maturity

Currency

3.74
Buy/Sell

Buy
Sell
Sell
Sell
Buy/Sell

4.74
Number of Contracts

7.49
Price

Notional Value

Spot
Rate

Proceeds (AUD)

Confirm
Confirm
Face Value (Currency
of Issue)

Yield

Confirm
2

Confirm
3

Confirm
4

Confirm
5

Confirm
6

Confirm
7

Confirm
8

Confirm
9

Confirm
10

Confirm
11

Confirm
12

Confirm
13

Confirm
14

Confirm
15

Confirm
16

Confirm
17

Confirm
18

Confirm
19

Confirm
20

Confirm

CTM - February 19 - 21, 2004

PORTFOLIO POSITION AFTER CONFIRMED DEALS - QUARTER 2

15/6/2004

Portfolio Market Value

Modified Duration
Cash at Bank
CP3M/Floating
DB05
DB07 *
DB09 *
DB14 *

Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating Side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating Side of all Interest
Rate Swaps

Benchmark
3.74
0.00%
20.00%
10.00%
15.00%
22.50%
32.50%

Actual
4.66
0.02%
0.00%
14.01%
19.58%
22.38%
44.02%

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.72
7.45
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.71
2.48
4.04
7.21

2.00%
4.50%
3.50%

2.65
7.71
4.30

2.00%
4.50%
3.50%

2.64
7.69
4.29

5.75%
5.79%
5.87%

906,040,110
Facility Class
Bills
Domestic Bonds
Eurobonds

Deal Entry
Proportion
0.00%
77.83%
21.64%

* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Initial Position
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
125,000,000.00
126,914,694.94
125,000,000.00
126,951,094.73
200,000,000.00
201,826,714.71
250,000,000.00
249,481,904.25
700,000,000.00
705,174,408.63
US0.00
0.00
US76,500,000.00
98,340,243.90
EUR60,500,000.00
97,693,114.72
195,779,379.84
196,033,358.62
US0.00
0.00
-US76,500,000.00
-96,762,812.96
-EUR60,500,000.00
-96,773,425.92
-195,779,379.84
-193,536,238.88

Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
US0.00
US0.00
EUR0.00
0.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.25

200,000,000.00

200,000,000.00

0.00

0.00

2.47
4.03
7.18

50,000,000.00
0.00
150,000,000.00
200,000,000.00

50,454,658.08
0.00
147,762,305.10
198,216,963.18

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.25

-200,000,000.00

-200,000,000.00

0.00

0.00

CTM - February 19 - 21, 2004

After Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
125,000,000.00
126,914,694.94
175,000,000.00
177,405,752.81
200,000,000.00
201,826,714.71
400,000,000.00
397,244,209.35
900,000,000.00
903,391,371.81
US0.00
0.00
US0.00
1,577,430.94
EUR0.00
919,688.80
0.00
2,497,119.74

200,000,000.00

200,000,000.00

-200,000,000.00

-200,000,000.00

QUARTER 3

15/9/2004

To commence Quarter 3, you are required to enter your Portfolio Generated Cashflows.
They do not include Client Cashflows (Advances, Repayments or Debt Service Payments).
You are able to change this value through the Initial Position page.

Portfolio Generated Cashflows

(Does not include Client Cashflows)

0.00

Continue to Initial Position

CTM - February 19 - 21, 2004

QUARTER 3

15/9/2004

Code

Description

Coupon

FUT3YR
FUT10YR
CP3M
INVCP3M
DB05
DB07
DB09
DB14
US07
US14
EUR09
CCSUS07
CCSUS14
CCSEUR09
IRSDB07
IRSDB09
IRSDB14

3 Year Bond Futures - Dec 2004

10 Year Bond Futures - Dec 2004
3 Month Commercial Paper
3 Month Investment CP
Domestic Bond maturing in 2005
Domestic Bond maturing in 2007
Domestic Bond maturing in 2009
Domestic Bond maturing in 2014
Eurobond (US) maturing in 2007
Eurobond (US) maturing in 2014
Eurobond (EUR) maturing in 2009
Cross Currency Swap - US07
Cross Currency Swap - US14
Cross Currency Swap - EUR09
Interest Rate Swap - DB07
Interest Rate Swap - DB09
Interest Rate Swap - DB14

6.00%
6.00%
0.00%
0.00%
5.70%
5.75%
5.79%
5.87%
2.00%
4.50%
3.50%
2.00%
4.50%
3.50%
5.75%
5.79%
5.87%

Deal Entry

Term
(Months)

3
3

Maturity

Currency

15/12/2004
15/12/2004
15/3/2005
15/3/2007
15/3/2009
15/3/2014
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2014
15/3/2009
15/3/2007
15/3/2009
15/3/2014

AUD
AUD
AUD
AUD
AUD
AUD
AUD
AUD
USD
USD
EUR
USD
USD
EUR
AUD
AUD
AUD

Management Ranges
Code
CP3M
DB05
DB07
DB09
DB14
Mod Duration

Benchmark
20.00%
0.00%
25.00%
25.00%
30.00%
3.75 years

Facility Class
Commercial Paper
Domestic Bonds
Eurobonds

Minimum
15%
15%
15%

Investments
Range
Coolum Treasury Corporation 40% - 100%
First Mudjimba Bank
0% - 60%
Peregian Trust Bank
0% - 40%
Bli Bli Corporation Ltd
0% - 40%
Maximum Face Value
500,000,000.00

CTM - February 19 - 21, 2004

0 Quarter 3 Rates 15/9/2004

Maturity
Spot Rate (Call)
3 months
6 months
9 months
12 months
15-Mar-2005
15-Mar-2007
15-Mar-2009
15-Mar-2014

Exchange Rates
USD
EUR
0.7219/0.7223
0.6182/0.6186
-0.0077/-0.0076 -0.0054/-0.0053
-0.0151/-0.0148 -0.0113/-0.0111
-0.0208/-0.0204 -0.0168/-0.0165
-0.0258/-0.0253 -0.0219/-0.0215

Commodity Prices
Copper/tonne
US$2,195/2,200
US$2,220/2,225
US$2,204/2,209
US$2,192/2,197
US$2,169/2,174

Deal Entry

AUD
5.48/52
5.76/80
5.87/91
5.91/95
5.91/95
5.87/91
5.97/01
6.00/04
6.11/15

Interest Rates
USD
EUR
1.23/27
1.98/02
1.42/46
2.22/26
1.56/60
2.11/15
1.90/94
2.15/19
2.13/17
2.19/23
2.33/37
3.70/74
4.74/78

2.90/94
3.47/51
4.23/27

AUD

6.29/33
6.26/30
6.34/38

Swap Rates
USD

EUR

2.64/68
3.73/77
4.99/03

The floating side of Domestic and Cross Currency Swaps are done at the current mid 3 month rate.
The spot rate for Eurobonds and Cross Currency Swaps is the current mid spot rate.

Investment Commercial Paper

Counterparty
Coolum Treasury Corporation
First Mudjimba Bank
Peregian Trust Bank
Bli Bli Corporation Ltd

Rates
5.76/80
6.01/05
6.06/10
6.11/15

Futures Contracts
Contract
Brokerage
Rates
Deposit Margin

CTM - February 19 - 21, 2004

3 Year Bond Futures

10 Year Bond
- Dec 2004
Futures - Dec 2004
$5 per contract
$5 per contract
94.18/94.16
94.11/94.09
$700 per contract
$2,000 per contract

Modified Duration
Cash at Bank
CP3M/Floating
DB05
DB07 *
DB09 *
DB14 *

INITIAL POSITION - QUARTER 3

15/9/2004
Benchmark
3.75
0.00%
20.00%
0.00%
25.00%
25.00%
30.00%

Actual
4.75
-0.83%
-49.35%
13.70%
87.50%
21.85%
27.13%

Portfolio Market Value

Facility Class
Bills (CP3M Only)
Domestic Bonds
Eurobonds

Proportion
0.00%
79.47%
22.12%

Deal Entry

911,801,709
Cash at Bank
Portfolio Generated
Cashflows

7,536,325.60
0.00

Re-enter Portfolio Generated

Cashflows

* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating side of all Cross
Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating side of all Interest
Rate Swaps

PORTFOLIO TOTAL

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.71
7.45
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.48
2.29
3.90
7.17

2.00%
4.50%
3.50%

2.42
7.63
4.13

2.00%
4.50%
3.50%

2.42
7.60
4.12

5.75%
5.79%
5.87%

Face Value

Market Value

Face Value

Market Value

0.00
0.00
0.00
0.00
0.00
125,000,000.00
157,000,000.00
200,000,000.00
250,000,000.00
732,000,000.00
US0.00
US76,500,000.00
EUR60,500,000.00
203,774,123.12
US0.00
-US76,500,000.00
-EUR60,500,000.00
-203,774,123.12

0.00
0.00
0.00
0.00
0.00
124,914,018.20
156,137,059.97
198,210,029.76
245,371,439.00
724,632,546.93
0.00
103,855,516.54
97,873,534.92
201,729,051.46
0.00
-101,896,292.07
-96,828,965.05
-198,725,257.12

0.00
0.00
0.00
0.00
0.00
125,000,000.00
807,000,000.00
200,000,000.00
250,000,000.00
1,382,000,000.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
124,914,018.20
797,838,752.99
198,210,029.76
245,371,439.00
1,366,334,239.95
0.00
1,959,224.47
1,044,569.87
3,003,794.34

0.25

200,000,000.00

200,000,000.00

200,000,000.00

200,000,000.00

2.29
3.89
7.14

650,000,000.00
0.00
0.00
650,000,000.00

641,701,693.02
0.00
0.00
641,701,693.02

0.25

-650,000,000.00

-650,000,000.00

-650,000,000.00

-650,000,000.00

919,338,034.29
CTM - February 19 - 21, 2004

919,338,034.29

###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###
###

QUARTER 3

15/9/2004

Opening Cash
Client Cashflows
PGC
Deposit Margins
Total Requirements
Confirmed Proceeds

7,536,326
0
0
0
7,536,326
0
7,536,326

Outstanding Funding

Deal

Instrument

FUT3YR

FUT10YR

Deal

Instrument

Description

3 Year Bond Futures Dec 2004

10 Year Bond Futures Dec 2004
Description

Deal Entry
4.75

4.75
0

2.74

Coupon

Settlement

Contract
Size

6.00%

12/15/2004

100,000

6.00%

12/15/2004

100,000

Coupon

Maturity

Currency

3.74
Buy/Sell

Buy
Sell
Sell
Sell
Buy/Sell

4.74
Number of Contracts

7.49
Price

Notional Value

Spot
Rate

Proceeds (AUD)

Confirm
Confirm
Face Value (Currency
Yield
of Issue)

Confirm
2

Confirm
3

Confirm
4

Confirm
5

Confirm
6

Confirm
7

Confirm
8

Confirm
9

Confirm
10

Confirm
11

Confirm
12

Confirm
13

Confirm
14

Confirm
15

Confirm
16

Confirm
17

Confirm
18

Confirm
19

Confirm
20

Confirm
CTM - February 19 - 21, 2004

###

PORTFOLIO POSITION AFTER CONFIRMED DEALS - QUARTER 3

Portfolio Market Value

Modified Duration
Cash at Bank
CP3M/Floating
DB05
DB07 *
DB09 *
DB14 *

Benchmark
3.75
0.00%
20.00%
0.00%
25.00%
25.00%
30.00%

Actual
4.75
-0.83%
-49.35%
13.70%
87.50%
21.85%
27.13%

Security
FUT3YR

Coupon
6.00%

Mod Duration
2.71

FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating Side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating Side of all
Interest Rate Swaps

6.00%
0.00%
0.00%

7.45
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.48
2.29
3.90
7.17

2.00%
4.50%
3.50%

2.42
7.63
4.13

2.00%
4.50%
3.50%

2.42
7.60
4.12

5.75%
5.79%
5.87%

2.29
3.89
7.14

PORTFOLIO TOTAL

Deal Entry

911,801,709
Facility Class

Proportion

Bills
Domestic Bonds
Eurobonds

0.00%
79.47%
22.12%

* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Initial Position
Face Value
Market Value
0.00
0.00

Transactions
Face Value
Market Value
0.00
0.00

After Transactions
Face Value
Market Value
0.00
0.00

0.00
0.00
0.00
0.00
125,000,000.00
157,000,000.00
200,000,000.00
250,000,000.00
732,000,000.00
US0.00
US76,500,000.00
EUR60,500,000.00
203,774,123.12
US0.00
-US76,500,000.00
-EUR60,500,000.00
-203,774,123.12

0.00
0.00
0.00
0.00
124,914,018.20
156,137,059.97
198,210,029.76
245,371,439.00
724,632,546.93
0.00
103,855,516.54
97,873,534.92
201,729,051.46
0.00
-101,896,292.07
-96,828,965.05
-198,725,257.12

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
US0.00
US0.00
EUR0.00
0.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00
125,000,000.00
807,000,000.00
200,000,000.00
250,000,000.00
1,382,000,000.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
124,914,018.20
797,838,752.99
198,210,029.76
245,371,439.00
1,366,334,239.95
0.00
1,959,224.47
1,044,569.87
3,003,794.34

200,000,000.00

200,000,000.00

0.00

0.00

200,000,000.00

200,000,000.00

650,000,000.00
0.00
0.00
650,000,000.00

641,701,693.02
0.00
0.00
641,701,693.02

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

-650,000,000.00

0.00

-650,000,000.00

919,338,034.29

CTM - February 19 - 21, 2004

0.00

0.00

-650,000,000.00

-650,000,000.00

919,338,034.29

QUARTER 4

###

To commence Quarter 4, you are required to enter your Portfolio Generated Cashflows.
They do not include Client Cashflows (Advances, Repayments or Debt Service Payments).
You are able to change this value through the Initial Position page.

Portfolio Generated Cashflows

(Does not include Client Cashflows)

0.00

Continue to Initial Position

CTM - February 19 - 21, 2004

0 Quarter 4 Rates
Maturity
Spot Rate (Call)
3 months
6 months
9 months
12 months
15-Mar-2005
15-Mar-2007
15-Mar-2009
15-Mar-2014

Exchange Rates
USD
EUR
0.7313/0.7317
0.6294/0.6298
-0.0076/-0.0075 -0.0055/-0.0054
-0.0149/-0.0146 -0.0115/-0.0113
-0.0204/-0.0199 -0.0169/-0.0166
-0.0252/-0.0247 -0.0221/-0.0216

###
Commodity Prices
Copper/tonne
US$2,090/2,095
US$2,115/2,120
US$2,099/2,104
US$2,087/2,092
US$2,064/2,069

Deal Entry

AUD
5.48/52
5.55/59
5.62/66
5.63/67
5.63/67
5.55/59
5.77/81
5.81/85
5.88/92

Interest Rates
USD
EUR
1.23/27
1.73/77
1.30/34
2.00/04
1.44/48
1.89/93
1.78/82
1.93/97
2.00/04
1.96/00
2.19/23
3.55/59
4.56/60

2.67/71
3.23/27
3.97/01

AUD

6.15/19
6.12/16
6.15/19

Swap Rates
USD

EUR

2.54/58
3.53/57
4.85/89

The floating side of Domestic and Cross Currency Swaps are done at the current mid 3 month rate.
The spot rate for Eurobonds and Cross Currency Swaps is the current mid spot rate.

Investment Commercial Paper

Counterparty
Coolum Treasury Corporation
First Mudjimba Bank
Peregian Trust Bank
Bli Bli Corporation Ltd

Rates
5.55/59
5.65/69
5.75/79
5.75/79

Futures Contracts
Contract
Brokerage
Rates
Deposit Margin

CTM - February 19 - 21, 2004

3 Year Bond Futures

10 Year Bond
- Mar 2005
Futures - Mar 2005
$5 per contract
$5 per contract
94.38/94.36
94.34/94.32
$700 per contract
$2,000 per contract

INITIAL POSITION - QUARTER 4

###

Deal Entry

Portfolio Market Value

947,083,218
Benchmark
Actual
Modified Duration
3.75
4.34
Cash at Bank
0.00%
-0.15%
Facility Class
Proportion
Cash at Bank
1,424,017.83
CP3M/Floating
20.00%
-47.51%
Bills (CP3M Only)
0.00%
Portfolio Generated
0.00
DB05
0.00%
13.39%
Domestic Bonds
78.30%
Cashflows
DB07 *
20.00%
85.81%
Eurobonds
21.43%
Re-enter Portfolio Generated
DB09 *
27.00%
21.51%
Cashflows
DB14 *
33.00%
26.96%
* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating side of all Cross
Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating side of all Interest
Rate Swaps

PORTFOLIO TOTAL

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.71
7.48
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.24
2.05
3.67
6.96

2.00%
4.50%
3.50%

2.18
7.41
3.89

2.00%
4.50%
3.50%

2.17
7.37
3.88

5.75%
5.79%
5.87%

Face Value

Market Value

Face Value

Market Value

0.00
0.00
0.00
0.00
0.00
125,000,000.00
157,000,000.00
200,000,000.00
250,000,000.00
732,000,000.00
US0.00
US76,500,000.00
EUR60,500,000.00
200,672,388.20
US0.00
-US76,500,000.00
-EUR60,500,000.00
-200,672,388.20

0.00
0.00
0.00
0.00
0.00
126,820,713.06
159,097,795.87
202,561,119.62
253,093,282.62
741,572,911.17
0.00
105,118,014.06
97,871,758.25
202,989,772.31
0.00
-102,888,766.53
-96,737,334.63
-199,626,101.16

0.00
0.00
0.00
0.00
0.00
125,000,000.00
807,000,000.00
200,000,000.00
250,000,000.00
1,382,000,000.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
126,820,713.06
812,668,449.80
202,561,119.62
253,093,282.62
1,395,143,565.10
0.00
2,229,247.53
1,134,423.62
3,363,671.15

0.25

200,000,000.00

200,000,000.00

200,000,000.00

200,000,000.00

2.05
3.66
6.92

650,000,000.00
0.00
0.00
650,000,000.00

653,570,653.93
0.00
0.00
653,570,653.93

0.25

-650,000,000.00

-650,000,000.00

-650,000,000.00

-650,000,000.00

948,507,236.25

CTM - February 19 - 21, 2004

948,507,236.25

QUARTER 4

15/12/2004

Opening Cash
Client Cashflows
PGC
Deposit Margins
Total Requirements
Confirmed Proceeds

1,424,018
0
0
0
1,424,018
0
1,424,018

Outstanding Funding

Deal

Instrument

FUT3YR

FUT10YR

Deal

Instrument

Description

3 Year Bond Futures Mar 2005

10 Year Bond Futures Mar 2005
Description

Deal Entry
4.34

4.34
2.75
Coupon

Settlement

Contract
Size

6.00%

3/15/2005

100,000

6.00%

3/15/2005

100,000

Coupon

Maturity

Currency

3.75
Buy/Sell

Buy
Sell
Sell
Sell
Buy/Sell

4.75
Number of Contracts

7.49
Price

Notional Value

Spot
Rate

Proceeds (AUD)

Confirm
Confirm
Face Value (Currency
Yield
of Issue)

Confirm
2

Confirm
3

Confirm
4

Confirm
5

Confirm
6

Confirm
7

Confirm
8

Confirm
9

Confirm
10

Confirm
11

Confirm
12

Confirm
13

Confirm
14

Confirm
15

Confirm
16

Confirm
17

Confirm
18

Confirm
19

Confirm
20

Confirm
CTM - February 19 - 21, 2004

###

PORTFOLIO POSITION AFTER CONFIRMED DEALS - QUARTER 4

Portfolio Market Value

Modified Duration
Cash at Bank
CP3M/Floating
DB05
DB07 *
DB09 *
DB14 *

Security
FUT3YR
FUT10YR
CP3M
INVCP3M
CP TOTAL
DB05
DB07
DB09
DB14
DB TOTAL
US07
US14
EUR09
EB TOTAL (AUD)
CCSUS07 (Fixed)
CCSUS14 (Fixed)
CCSEUR09 (Fixed)
CCS TOTAL (AUD)
Floating Side of all
Cross Currency Swaps
IRSDB07 (Fixed)
IRSDB09 (Fixed)
IRSDB14 (Fixed)
IRS TOTAL
Floating Side of all
Interest Rate Swaps

Benchmark
3.75
0.00%
20.00%
0.00%
20.00%
27.00%
33.00%

Actual
4.34
0.00
-47.51%
13.39%
85.81%
21.51%
26.96%

Coupon
6.00%
6.00%
0.00%
0.00%

Mod Duration
2.71
7.48
0.25
0.25

5.70%
5.75%
5.79%
5.87%

0.24
2.05
3.67
6.96

2.00%
4.50%
3.50%

2.18
7.41
3.89

2.00%
4.50%
3.50%

2.17
7.37
3.88

5.75%
5.79%
5.87%

2.05
3.66
6.92

Deal Entry

947,083,218
Facility Class
Bills
Domestic Bonds
Eurobonds

Proportion
0.00%
78.30%
21.43%

* Includes exposures relating to the relevant domestic bonds, interest rate swaps and futures contracts
Initial Position
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
125,000,000.00
126,820,713.06
157,000,000.00
159,097,795.87
200,000,000.00
202,561,119.62
250,000,000.00
253,093,282.62
732,000,000.00
741,572,911.17
US0.00
0.00
US76,500,000.00
105,118,014.06
EUR60,500,000.00
97,871,758.25
200,672,388.20
202,989,772.31
US0.00
0.00
-US76,500,000.00
-102,888,766.53
-EUR60,500,000.00
-96,737,334.63
-200,672,388.20
-199,626,101.16

Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
US0.00
US0.00
EUR0.00
0.00
US0.00
US0.00
EUR0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

200,000,000.00

200,000,000.00

0.00

0.00

650,000,000.00
0.00
0.00
650,000,000.00

653,570,653.93
0.00
0.00
653,570,653.93

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

-650,000,000.00

-650,000,000.00

0.00

0.00

CTM - February 19 - 21, 2004

After Transactions
Face Value
Market Value
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
125,000,000.00
126,820,713.06
807,000,000.00
812,668,449.80
200,000,000.00
202,561,119.62
250,000,000.00
253,093,282.62
1,382,000,000.00
1,395,143,565.10
US0.00
0.00
US0.00
2,229,247.53
EUR0.00
1,134,423.62
0.00
3,363,671.15

200,000,000.00

200,000,000.00

-650,000,000.00

-650,000,000.00