Barclays 2008 Annual Report Download - page 105

Barclays PLC Annual Report 2008 103
Risk management
Credit risk management
Debt securities and other bills
The following table presents an analysis of the credit quality of debt and similar securities, other than loans held within the Group. Securities rated as
investment grade amounted to 91.6% of the portfolio (2007: 88.0%).
Treasury
and other Debt
eligible bills securities Total
As at 31.12.08 £m £m £m %
AAA to BBB– (investment grade) 7,314 198,493 205,807 91.6
BB+ to B 1,233 15,309 16,542 7.4
B– or lower – 2,343 2,343 1.0
Total 8,547 216,145 224,692 100.0
Of which issued by:
– governments and other public bodies 8,547 73,881 82,428 36.7
– US agency – 34,180 34,180 15.3
– mortgage and asset-backed securities – 34,844 34,844 15.5
– corporate and other issuers – 55,244 55,244 24.6
– bank and building society certificates of deposit – 17,996 17,996 7.9
Total 8,547 216,145 224,692 100.0
Of which classified as:
– trading portfolio assets 4,544 148,686 153,230 68.2
– financial instruments designated at fair value - 8,628 8,628 3.8
– available-for-sale securities 4,003 58,831 62,834 28.0
Total 8,547 216,145 224,692 100.0
Treasury
and other Debt
eligible bills securities Total
As at 31.12.07 £m £m £m %
AAA to BBB– (investment grade) 4,114 189,794 193,908 88.0
BB+ to B 703 24,693 25,396 11.5
B– or lower – 1,181 1,181 0.5
Total 4,817 215,668 220,485 100.0
Of which issued by:
– governments and other public bodies 4,817 63,798 68,615 31.1
– US agency – 13,956 13,956 6.3
– mortgage and asset-backed securities – 28,928 28,928 13.1
– corporate and other issuers – 88,207 88,207 40.0
– bank and building society certificates of deposit – 20,779 20,779 9.5
Total 4,817 215,668 220,485 100.0
Of which classified as:
– trading portfolio assets 2,094 152,778 154,872 70.2
– financial instruments designated at fair value – 24,217 24,217 11.0
– available-for-sale securities 2,723 38,673 41,396 18.8
Total 4,817 215,668 220,485 100.0