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Contract Details

Australian GDP to grow by MORE than 0.5% in December 2012 quarter

Australian GDP to grow by MORE than 0.5% in December 2012 quarter

AUS.GDP.DEC12.GT05
Contract Info 
  • Symbol: AUS.GDP.DEC12.GT05
  • Last Trade Price: $0.4000
  • Last Trade Time:
    25 Jan 11:52am
  • Today’s Volume: 0
  • Average Daily Volume: 0.8
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 29 Mar 12
  • Close Date: 11 Mar 13
  • Status: Active

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Long Description

This contract pays $1 if the Australian Bureau of Statistics reports GDP (at constant prices) grows by MORE than 0.5% in the December 2012 quarter. Otherwise this contract pays $0.

Judging Criteria 

The measure of GDP growth used is real i.e. at constant prices.

This contract will be judged based on the change in, seasonally adjusted, chain-volume measure GDP growth at constant prices in the December 2012 quarter. Change is calculated as the percentage change in GDP, as defined above, from the previous quarter (NOT year-on-year).

This contract will close following the announcement by the Australian Bureau of Statistics of the December 2012 quarter GDP. This contract will take account of any prior adjustments to GDP which affect December 2012 growth.

This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.


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