HSBC 2009 Annual Report Download - page 425

423
Loans and advances to customers held for trading
2009 2008
US$m US$m
Reverse repos ........................................................................................................................................... 42,172 58,285
Stock borrowing ....................................................................................................................................... 18,042 13,740
Settlement accounts ................................................................................................................................. 12,134 10,116
Other ........................................................................................................................................................ 11,652 18,178
84,000 100,319
17 Financial assets designated at fair value
2009 2008
US$m US$m
Financial assets designated at fair value:
– not subject to repledge or resale by counterparties ......................................................................... 37,166 28,522
– which may be repledged or resold by counterparties ...................................................................... 15 11
37,181 28,533
Treasury and other eligible bills .............................................................................................................. 223 235
Debt securities ......................................................................................................................................... 20,718 16,349
Equity securities ....................................................................................................................................... 14,983 10,993
Securities designated at fair value ........................................................................................................... 35,924 27,577
Loans and advances to banks .................................................................................................................. 354 230
Loans and advances to customers ............................................................................................................ 903 726
37,181 28,533
Securities designated at fair value
Fair value1
2009 2008
US$m US$m
US Treasury and US Government agencies2 ........................................................................................... 78 93
UK Government ....................................................................................................................................... 4,799 992
Hong Kong Government ......................................................................................................................... 177 284
Other government .................................................................................................................................... 3,491 3,624
Asset-backed securities3 .......................................................................................................................... 6,463 6,492
Corporate debt and other securities ......................................................................................................... 5,933 5,099
Equities .................................................................................................................................................... 14,983 10,993
35,924 27,577
1 Included within these figures are debt securities issued by banks and other financial institutions of US$13,745 million (2008:
US$10,351 million), of which US$49 million (2008: US$14 million) are guaranteed by various governments.
2 Includes securities that are supported by an explicit guarantee issued by the US Government.
3 Excludes asset-backed securities included under US Treasury and US Government agencies.
Securities listed on a recognised exchange and unlisted
Treasury
and other
eligible bills
Debt
securities
Equity
securities Total
US$m US$m US$m US$m
Fair value at 31 December 2009
Listed on a recognised exchange1 ............................................. 78 7,168 10,549 17,795
Unlisted ..................................................................................... 145 13,550 4,434 18,129
223 20,718 14,983 35,924
Fair value at 31 December 2008
Listed on a recognised exchange1 ............................................. 80 3,490 8,140 11,710
Unlisted ..................................................................................... 155 12,859 2,853 15,867
235 16,349 10,993 27,577
1 Included within listed investments are US$506 million of investments listed in Hong Kong (2008: US$576 million).