AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 22 August 2013, the Australian export credit agency Efic published its 2012/13 annual report. The report included a list of all beneficiaries of trade finance for the given fiscal year.
One of these beneficiaries was Aspen Medical Pty Ltd, which received reinsurance worth 18.83 million AUD for a contract in Sri Lanka.
Given that Efic does not provide the exact date that the trade finance deal was signed, the most conservative date, i.e. the 30 June 2013, was set as the inception date.
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