Barclays 2013 Annual Report Download - page 222

Risk review
Funding risk – Liquidity continued
Liquidity management at BAGL Group (audited)
Liquidity risk is managed separately at BAGL Group due to local currency, funding and regulatory requirements.
In addition to the Group liquidity pool, as at 31 December 2013, BAGL Group held £4bn (2012: £5bn) of liquidity pool assets against BAGL-specific
anticipated stressed outflows. The liquidity pool consists of South African government bonds and Treasury bills.
The BAGL loan to deposit ratio as at 31 December 2013 was 103% (2012: 113%).
As at 31 December 2013, BAGL had £9bn of wholesale funding outstanding (2012: £12bn), of which £6bn matures in less than 12 months (2012:
£6bn).
Contractual maturity of financial assets and liabilities (audited)
The table below provides detail on the contractual maturity of all financial instruments and other assets and liabilities. Derivatives (other than
those designated in a hedging relationship) and trading portfolio assets and liabilities are included in the on demand column at their fair value.
Liquidity risk on these items is not managed on the basis of contractual maturity since they are not held for settlement according to such maturity
and will frequently be settled before contractual maturity at fair value. Derivatives designated in a hedging relationship are included according to
their contractual maturity.
Financial assets designated at fair value in respect of linked liabilities to customers under investment contracts have been included in other assets
and other liabilities as the Group is not exposed to liquidity risk arising from them; any request for funds from creditors would be met by
simultaneously liquidating or transferring the related investment.
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220 Barclays PLC Annual Report 2013