EXHIBIT 99.1
EXHIBIT 99.1
ARMS II Global Fund I
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Reference to | ARMS II GLOBAL FUND 1
Schedule 8 of |
the Bond | BONDHOLDERS REPORT RELATED TO SEPTEMBER 10, 2003 DISTRIBUTION
Trust Deed |
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REPORTING DATES
Cut-Off Date August 31, 2003
Determination Date September 8, 2003
Payment Date September 10, 2003
Start Interest Period June 5, 2003
End Interest Period September 9, 2003
No. of Days in Interest Period 97
Start Calculation Period June 5, 2003
End Calculation Period August 31, 2003
No. of Days in Calculation Period 88
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SECURITIES ON ISSUE Amount Amount
(US$) (A$)
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Class A Bonds
Initial Face Value 1,000,000,000 1,525,553,013
Previous Principal Distribution -- --
Principal Distribution for current calculation period 63,400,000 96,720,061
Total Principal Distribution to date 63,400,000 96,720,061
Beginning Principal Amount 1,000,000,000 1,525,553,013
(a) Ending Principal Amount 936,600,000 1,428,832,952
less Unreimbursed Charge-offs -- --
Beginning Stated Amount 1,000,000,000 1,525,553,013
(a) Ending Stated Amount 936,600,000 1,428,832,952
Class B Bonds
Initial Face Value 50,500,000
Previous Principal Distribution --
Principal Distribution for current calculation period --
Total Principal Distribution to date --
Beginning Principal Amount 50,500,000
(a) Ending Principal Amount 50,500,000
less Unreimbursed Charge-offs --
Beginning Stated Amount 50,500,000
(a) Ending Stated Amount 50,500,000
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INTEREST RATE FOR ACCRUAL PERIOD Libor / Interest Interest
Bank Xxxx Xxxx Margin Rate
-------------- -------- --------
US$
Class A Bonds 1.27677 0.23000 1.50677
A$
Class A Bonds (payable to Currency Swap Provider) 4.79005 0.35100 5.14105
Class B Bonds 4.79005 0.90000 5.69005
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Reference to | ARMS II GLOBAL FUND 1
Schedule 8 of |
the Bond | BONDHOLDERS REPORT RELATED TO SEPTEMBER 10, 2003 DISTRIBUTION
Trust Deed |
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DISTRIBUTIONS PAYABLE ON PAYMENT DATE (US$) (A$)
------------ ------------
Interest Entitlement:
(b) Class A Bonds 4,059,908 20,842,893
(b) Class B Bonds 763,636
Principal Repayment:
(c) Class A Bonds 63,400,000 96,720,061
(c) Class B Bonds
Total:
Class A Bonds 67,459,908 117,562,954
Class B Bonds -- 763,636
Total 67,459,908 118,326,590
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POOL FACTORS Last Current
Distribution Distribution
Date Date
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(h) Class A Bonds 1.0000 0.9366
Class B Bonds 1.0000 1.0000
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(d) INCOME COLLECTIONS FOR CALCULATION PERIOD 21,261,240.00
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AVAILABLE AMORTISATION AMOUNT (A$)
-------------
(i) Scheduled Principal Collections 3,462,580
(i) Unscheduled Principal Collections 118,744,698
Gross Principal Collections 122,207,278
less
(g) Redraw Advances, Line of Credit Advances and
Permitted Further Advances 24,319,644
(e) Net Principal Collections 97,887,634
Application of Cash Reserve and Advances
Reserve as Available Amortisation Amount (1,167,573)
(l) Charge-offs and Unreimbursed Charge-offs 0
(f) Available Amortisation Amount 96,720,061
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PORTFOLIO INFORMATION
(based on Loans forming part of the Assets of the
Fund as at the last day of the Calculation Period)
(j) Aggregate Face Value of Loans 1,474,225,015
Total number of Loans 6,572
Average Loan Balance 224,319.08
Weighted Average LVR 76.9750
Seasoning No of Loans % Total Balance
6 - 12 months 2,217 33.7340 510,840,504
12 - 18 months 3,271 49.7718 736,577,024
18 - 24 months 448 6.8168 101,036,255
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Reference to | ARMS II GLOBAL FUND 1
Schedule 8 of |
the Bond | BONDHOLDERS REPORT RELATED TO SEPTEMBER 10, 2003 DISTRIBUTION
Trust Deed |
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24 - 36 months 133 2.0237 30,531,857
36 - 48 months 105 1.5977 23,896,070
48 - 60 months 254 3.8649 48,429,110
> than 60 months 144 2.1911 22,914,195
6,572 100.0000 1,474,225,015
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(k) AGGREGATE LOSS AMOUNT NIL
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(m) DELINQUENCY AND LOSSES
DELINQUENCY No of % of (A$) Amount % of
Loans Pool of Loans Pool
----- ----- ------------ -----
31 - 60 days 32 0.19% 6,802,829.98 0.46%
61 - 90 days 16 0.10% 4,239,974.34 0.29%
90+ days 9 0.05% 1,941,153.87 0.13%
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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