The government said the bank guarantee had allowed smaller banks to raise more Select a person from the recent news from the list below. The amount guaranteed is limited to 110 per cent of the combined average value of short-term wholesale liabilities and deposits held by Australian residents in the 30 days up to and including 24 October 2008. The guarantee is only available if the liabilities are not guaranteed by the home authorities and the branch provides additional information about the parent bank’s prudential compliance.