EXHIBIT 99.1
EXHIBIT 99.1
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Bond Trust ARMS II GLOBAL FUND 3
Deed
Schedule 8
Reference BONDHOLDERS REPORT RELATED TO THE JULY 12, 2004 DISTRIBUTION
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REPORTING DATES
Cut-Off Date June 30, 2004
Determination Date July 8, 2004
Payment Date July 12, 2004
Start Interest Period April 13, 2004
End Interest Period July 11, 2004
No of Days in Interest Period 90
Start Calculation Period April 1, 2004
End Calculation Period June 30, 2004
No of Days in Calculation Period 91
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SECURITIES ON ISSUE Amount Amount Amount
(US$) (EURO) (A$)
CLASS A BONDS
Initial Face Value 725,000,000 425,000,000 1,650,668,680
Previous Principal Distribution 11,455,000 6,715,000 26,080,565
Principal Distribution for current calculation period 34,002,500 19,932,500 77,416,361
Total Principal Distribution to date 45,457,500 26,647,500 103,496,926
Beginning Principal Amount 713,545,000 418,285,000 1,624,588,115
(a) Ending Principal Amount 679,542,500 398,352,500 1,547,171,754
less Unreimbursed Charge-offs - - -
Beginning Stated Amount 713,545,000 418,285,000 1,624,588,115
(a) Ending Stated Amount 679,542,500 398,352,500 1,547,171,754
CLASS B BONDS
Initial Face Value 25,000,000 16,900,000 60,599,655
Previous Principal Distribution -
Principal Distribution for current calculation period -
Total Principal Distribution to date -
Beginning Principal Amount 25,000,000 16,900,000 60,599,655
(a) Ending Principal Amount 25,000,000 16,900,000 60,599,655
less Unreimbursed Charge-offs -
Beginning Stated Amount 25,000,000 16,900,000 60,599,655
(a) Ending Stated Amount 25,000,000 16,900,000 60,599,655
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INTEREST RATE FOR ACCRUAL PERIOD Libor / Interest Interest
Bank Bill Rate Margin Rate
USD
Class A1a Bonds 1.14000 0.21000 1.35000
Class B1a Bonds 1.14000 0.65000 1.79000
EURO
Class A1b Bonds 2.03800 0.21000 2.24800
Class B1b Bonds 2.03800 0.65000 2.68800
AUD
Class A1a Bonds (payable to Currency Swap Provider) 5.54000 0.38190 5.92190
Class B1a Bonds 5.54000 0.88790 6.42790
Class A1b Bonds (payable to Currency Swap Provider) 5.54000 0.36870 5.90870
Class B1b Bonds 5.54000 0.87170 6.41170
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DISTRIBUTIONS PAYABLE ON PAYMENT DATE $US EURO $A
Interest Entitlement:
(b) Class A1a Bonds 2,408,232.50 13,709,401
(b) Class B1a Bonds 111,875.00 521,369
Class A1b Bonds 2,350,760.00 9,990,427
Class B1b Bonds 113,568.00 438,006
Principal Repayment:
(c) Class A1a Bonds 34,002,500 44,740,132
(c) Class B1a Bonds - -
Class A1b Bonds 19,932,500 32,676,230
Class B1b Bonds - -
Total:
Class A Bonds 36,410,733 22,283,260 101,116,189
Class B Bonds 111,875 113,568 959,375
Total 36,522,608 22,396,828 102,075,564
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Bond Trust ARMS II GLOBAL FUND 3
Deed
Schedule 8
Reference BONDHOLDERS REPORT RELATED TO THE JULY 12, 2004 DISTRIBUTION
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POOL FACTORS Last Current
Distribution Distribution
Date Date
(h) Class A Bonds 0.9842 0.9373
Class B Bonds 1.0000 1.0000
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(d) INCOME COLLECTIONS FOR CALCULATION PERIOD 29,098,516,82
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AVAILABLE AMORTISATION AMOUNT $AUD
(i) Scheduled Principal Collections 3,197,944
(i) Unscheduled Principal Collections 115,683,196
Gross Principal Collections 118,881,139
less
(g) Redraw Advances, Line of Credit Advances and
Permitted Further Advances 39,462,314
(e) Net Principal Collections 79,418,826
Application of Cash Reserve and Advances
Reserve as Available Amortisation Amount (2,002,465)
(l) Charge-offs and Unreimbursed Charge-offs 0
(f) Available Amortisation Amount 77,416,361
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PORTFOLIO INFORMATION
(based on Loans forming part of the Assets of
the Fund as at the last day of the Calculation Period)
(j) Aggregate Face Value of Loans 1,599,774,825
Total number of Loans 6,463
Average Loan Balance 247,528.21
Weighted Average LVR 73.5436
Seasoning NO OF LOANS % TOTAL BALANCE
3 - 6 months 3,980 61.56% 984,787,092
6 - 12 months 1,980 30.69% 490,905,767
12 - 18 months 310 5.00% 79,998,755
18 - 24 months 155 2.32% 37,067,879
24 - 36 months 13 0.24% 3,892,113
36 - 48 months - 0.00% -
48 - 60 months 14 0.12% 1,879,323
> than 60 months 11 0.08% 1,243,896
6,463 100.00% 1,599,774,825
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(k) AGGREGATE LOSS AMOUNT NIL
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(m) DELINQUENCY AND LOSSES
DELINQUENCY NO OF % OF AUD AMOUNT % OF
LOANS POOL OF LOANS POOL
31 - 60 days 42 0.65% 13,203,060.57 0.83%
61 - 90 days 11 0.17% 3,338,137.10 0.21%
90+ days 14 0.22% 3,195,064.74 0.20%
LOSSES AUD
Mortgage Insurance claims made Nil
Mortgage Insurance claims paid Nil
Mortgage Insurance claims pending Nil
Mortgage Insurance claims denied Nil
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