HSBC 2009 Annual Report Download - page 62

HSBC HOLDINGS PLC
Report of the Directors: Operating and Financial Review (continued)
Financial summary > Balance sheet > CDs // Critical accounting policies
60
Certificates of deposit and other money market instruments
2009 2008 2007
Average
balance
Average
rate
Average
balance
Average
rate
Average
balance
Average
rate
US$m % US$m % US$m %
Europe ................................................................................ 65,151 0.9 74,007 4.5 66,164 5.0
Hong Kong ........................................................................ 278 3.6 745 3.0 941 3.9
Rest of Asia-Pacific27 ........................................................ 3,536 3.7 6,966 6.6 7,094 6.0
Middle East27 ..................................................................... 265 6.4 648 4.6 136 3.7
North America ................................................................... 14,218 1.1 22,278 3.3 23,735 5.4
Latin America .................................................................... 1,227 3.6 3,036 7.8 1,526 6.8
84,675 1.2 107,680 4.5 99,596 5.2
For footnote, see page 149.
Certificates of deposit and other time deposits
The maturity analysis of CDs and other wholesale time deposits is expressed by remaining maturity. The majority of
CDs and time deposits are in amounts of US$100,000 and over or the equivalent in other currencies.
At 31 December 2009
3 months
or less
After
3 months
but within
6 months
After
6 months
but within
12 months
After
12 months Total
US$m US$m US$m US$m US$m
Europe ....................................................... 97,874 11,310 19,664 7,131 135,979
Certificates of deposit .......................... 18,009 3,810 3,755 1 25,575
Time deposits:
– banks .................................................. 25,194 2,048 9,455 3,965 40,662
– customers ........................................... 54,671 5,452 6,454 3,165 69,742
Hong Kong ............................................... 12,031 873 484 500 13,888
Certificates of deposit .......................... 75 24 151 265 515
Time deposits:
– banks .................................................. 619 1 – 89 709
– customers ........................................... 11,337 848 333 146 12,664
Rest of Asia-Pacific27 ................................ 13,890 1,784 651 1,108 17,433
Certificates of deposit .......................... 1,498 1,001 366 183 3,048
Time deposits:
– banks .................................................. 2,231 252 19 108 2,610
– customers ........................................... 10,161 531 266 817 11,775
Middle East27 ............................................. 902 486 43 319 1,750
Certificates of deposit .......................... – 136 – – 136
Time deposits:
– banks .................................................. 448 186 – 24 658
– customers ........................................... 454 164 43 295 956
North America .......................................... 14,235 4,221 3,314 1,293 23,063
Time deposits:
– banks .................................................. 2,798 – 7 238 3,043
– customers ........................................... 11,437 4,221 3,307 1,055 20,020
Latin America ........................................... 11,980 2,626 1,713 3,002 19,321
Certificates of deposit .......................... 88 – – 322 410
Time deposits:
– banks .................................................. 1,036 1,421 747 236 3,440
– customers ........................................... 10,856 1,205 966 2,444 15,471
Total .......................................................... 150,912 21,300 25,869 13,353 211,434
Certificates of deposit .......................... 19,670 4,971 4,272 771 29,684
Time deposits:
– banks .................................................. 32,326 3,908 10,228 4,660 51,122
– customers ........................................... 98,916 12,421 11,369 7,922 130,628
For footnote, see page 149.