FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
CURRENT REPORT
Pursuant to Rule 13 or 15d-16 of
the Securities Exchange Act of 1934
For the Coupon Period ending November 20, 2000
Westpac Securitisation Management Pty Limited,
in its capacity as trust manager
of the Series 1999-1G WST Trust
New South Wales 333-64199 98-0181944
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State of Incorporation Commission File IRS Employer No.
Number
Level 25, 60 Martin Place, Sydney, NSW 2000, Australia
(Address of principal executive offices)
Registrant's telephone number
+612 9226 3212
NOTEHOLDERS REPORT - SERIES 1999-1G WST TRUST
Date of Report - Determination Date 14-Nov-00
Housing Loan Collection Period 10-Aug-00 to 09-Nov-00
(inclusive) (inclusive)
Days in Collection Period 92
Coupon Period 21-Aug-00 to 20-Nov-00
(inclusive) (exclusive)
Days in Coupon Period 91
3 month BBSW at beginning of coupon period 6.5233%
3 Month USD-LIBOR 6.6900%
Foreign Exchange Rate 0.655
Available Income 18,987,283.23
Total Available Funds 18,987,283.23
Accrued Interest Adjustment 0.00
Redraws Made This Period 24,514,034.74
Redraw Shortfall 0.00
Redraw Facility Draw 0.00
RFS Issued This Period 0.00
Trust Expenses 758,230.98
Total Payments 17,007,002.83
Payment Shortfall 0.00
Principal Draw This Period 0.00
Total Principal Draws Outstanding 0.00
Gross Principal Collections 92,918,954.41
Principal Collections 68,404,919.67
Excess Available Income 1,980,280.40
Excess Collections Distribution 1,980,280.40
Liquidity Shortfall 0.00
Liquidity Net Draw / (Repayment) this period 0.00
Remaining Liquidity Shortfall 0.00
Liquidation Loss 0.00
Principal Charge Offs 0.00
Prepayment Benefit Shortfall 48,903.06
Average Daily Balance for Qtr 903,274,647.57
Subordinated Percentage 3.4813%
Initial Subrdinated Percentage 2.4400%
Average Quarterly Percentage 0.3263%
Principal/100,000 Coupon/100,000 / 10,000
Class A 0.00 5,069.0375 1,168.9329 usd
Class B 0.00 0.0000 178.3425 aud
Stated Amount - AUD Equivalent Percentage Forex
Percentage
Class A 837,313,732.51 96.51871% 1.00000
Class B 33,750,000.00 3.48129%
RFS 0.00 0.00000
TOTAL 871,063,732.51 100.00000% 100.00000%
Stated Amount - USD Bond Factor
Class A 548,440,494.79 0.6204780
Class B 22,106,250.00 1.0000000
RFS 0.00
TOTAL 570,546,744.79
WST99-1G
DELINQUENCY STATISTICS
Collection Period Ended:
Number Current Instalment % by % by
of Loans Balance Amount $ Number Balance
Current 8,412 $810,794,615 6,853,614 93.59% 93.08%
1 - 29 Days 500 $52,339,887 407,943 5.56% 6.01%
30 - 59 Days 54 $5,413,563 40,419 0.60% 0.62%
60 - 89 Days 8 $929,872 6,861 0.09% 0.11%
90 - 119 Days 5 $682,191 (7,736) 0.06% 0.08%
120 - 149 Days 4 $358,496 2,614 0.04% 0.04%
180+ Days 5 $545,109 3,895 0.06% 0.06%
TOTAL 8,988 $871,063,732.52 7,307,610 100.00% 100.00%
$A
Scheduled principal $ 5,048,629
Unscheduled principal $ 63,356,291
Principal Collections 68,404,919.67
Fixed Interest Rate Housing Loan $ 215,309,109
Variable Rate Housing Loans $ 655,754,624
871,063,732.52
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to
be signed on its behalf, as Trust Manager for the Series
1999-1G WST Trust, by the undersigned, thereunto duly
authorized.
Westpac Securitisation
Management Pty Limited, as
Trust Manager for the Series
1999-1G WST Trust,(Registrant)
Dated: 20 November, 2000
By: /s/ Lewis E. Love Jr
Name: Lewis E. Love Jr
Title: Secretary
