RBS 2012 Annual Report Download - page 150

Liquidity and funding risk: Analyses: Liquidity continued
Liquidity value
Period end
UK DLG (1) CFG Other Total
2010 £m £m £m £m
Cash and balances at central banks 43,804 2,314 7,543 53,661
Central and local government bonds
AAA rated governments and US agencies 32,337 4,830 4,268 41,435
AA- to AA+ rated governments (2) 2,404 — 1,340 3,744
governments rated below AA — — 1,029 1,029
local government — — 5,672 5,672
34,741 4,830 12,309 51,880
Treasury bills 14,529 — — 14,529
Primary liquidity 93,074 7,144 19,852 120,070
Other assets (3)
AAA rated 7,787 — 10,049 17,836
below AAA rated and other high quality assets 8,313 4,601 3,779 16,693
Secondary liquidity 16,100 4,601 13,828 34,529
Total liquidity portfolio 109,174 11,745 33,680 154,599
Carrying value 120,178 18,055 40,857 179,090
Notes:
(1) The FSA regulated UK Defined Liquidity Group (UK DLG) comprises the Group’s five UK banks: The Royal Bank of Scotland plc, National Westminster Bank Plc, Ulster Bank Limited, Coutts & Co
and Adam & Company. In addition, certain of the Group's significant operating subsidiaries - RBS N.V., RBS Citizens Financial Group Inc. (CFG) and Ulster Bank Ireland Limited (UBIL) - hold locally
managed portfolios of liquid assets that comply with local regulations that may differ from FSA rules.
(2) Includes US government guaranteed and US government sponsored agencies.
(3) Includes assets eligible for discounting at the Bank of England and other central banks.
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Business review Risk and balance sheet management continued