GSEs have been selling off at record prices for years.
But the market is starting to slow.
Here’s what you need to know.
What is GSE?
GSEs are financial institutions that issue debt securities and buy and sell stock.
This is a big part of the financial system that is responsible for the bulk of the GSE market.
Many banks issue GSE debt securities to investors, with the government holding the majority.
The GSE stocks traded by the major banks, and many others, are listed on the London Stock Exchange.
For more than a century, Australian GSE shares have traded at a profit, with most of the profits going to the Australian government.
But with the rise of digital currencies, there is a real risk that the GESCs could have a bigger financial crisis in the future.
So, what is the GTS?
The Australian Government Treasury is the custodian of the Australian Government Bonds (AGBs), and this is where the GST market gets its name.
GTSs are typically issued by GSE companies.
Some of the major GTS issuers are, for example, ANZ and ANZ/AAP.
They hold Australian Government Bond issues, which they can sell at a lower interest rate to investors.
Then, they issue Australian Government Treasurys, which have the same interest rate as Australian Government bonds.
While the Australian GTSs have historically been profitable, there are concerns that they could start to lose their value, and could even lose their purchasing power, due to their increased value.
Why do I need to be a GSE if I’m not a GTS holder?
While it’s possible to hold an Australian GSA or GTS without being a GESC, it’s highly likely that most Australians will need to hold both in order to trade GTS securities.
There are some exceptions to this rule, however.
If you are a GSA holder, and have held Australian Government Debt securities for the past four years, and you hold a GEST or GST, you do not need to have been a GGS or GES member.
You can hold both Australian GSS and Australian GESS, which will be a better choice for those who hold both.
Australian GSS holders also benefit from having Australian Government GTS shares, as the government’s bonds are issued in Australian Government securities.
The same applies to GEST holders, which are Australian Government shares issued in GEST securities.