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HSBC HOLDINGS PLC
Notes on the Financial Statements (continued)
282
The composition of customer accounts on a geographical basis is set out below:
2004 2003
Interest-
bearing
Non
interest-
bearing Total
Interest-
bearing
Non
interest-
bearing Total
US$m US$m US$m US$m US$m US$m
Europe ................................................. 261,110 31,803 292,913 215,356 27,368 242,724
Hong Kong .......................................... 163,669 14,699 178,368 152,505 11,519 164,024
Rest of Asia-Pacific ............................ 67,861 10,752 78,613 58,651 6,790 65,441
North America .................................... 111,326 21,574 132,900 79,112 14,884 93,996
South America .................................... 9,017 1,940 10,957 5,533 1,412 6,945
612,983 80,768 693,751 511,157 61,973 573,130
The geographical analysis of customer accounts is based on the locations of the offices in which the customer
accounts are recorded.
29 Debt securities in issue
2004 2003
US$m US$m
Bonds and medium-term notes, by remaining maturity
within 1 year ........................................................................................................................... 34,987 29,979
between 1 and 2 years ............................................................................................................. 25,808 16,950
between 2 and 5 years ............................................................................................................. 49,985 33,578
over 5 years ............................................................................................................................. 23,318 30,081
134,098 110,588
Other debt securities in issue, by remaining maturity
3 months or less ...................................................................................................................... 54,402 30,115
1 year or less but over 3 months ..............................................................................................10,052 3,716
5 years or less but over 1 year ................................................................................................. 8,753 8,726
over 5 years ............................................................................................................................. 1,288 417
208,593 153,562
The following table analyses bond and medium-term notes with original maturities greater than one year:
2004 2003
US$m US$m
Fixed rate:
8.875% Adjustable Conversion-Rate Equity Security Units ........................................................... 594 609
8.375% debentures; due 2007 ......................................................................................................... 100 102
Federal Home Loan Bank of New York (‘FHLB’ ) advances – 2.01% to 7.24%; due 2005 to 2033 13 17
3.99% senior debt; due 2044 ........................................................................................................... 557
Secured financing:
1.14% to 3.99%; due 2005 to 2008 ............................................................................................. 2,805 3,665
4.00% to 4.99%; due 2005 to 2006 ............................................................................................. 401 445
5.00% to 5.49%; due 2005 to 2007 ............................................................................................. 533 555
5.50% to 5.99%; due 2005 .......................................................................................................... 105 411
7.00% to 7.49%; due 2005 .......................................................................................................... 206 665
7.50% to 7.99%; due 2005 .......................................................................................................... 11 17
8.00% to 8.99%; due 2005 .......................................................................................................... 12 18
Other fixed rate senior debt:
2.15% to 3.99%; due 2005 to 2010 ............................................................................................. 8,378 4,014
4.00% to 4.99%; due 2005 to 2023 ............................................................................................. 11,685 8,373
5.00% to 5.49%; due 2005 to 2023 ............................................................................................. 5,358 5,052
5.50% to 5.99%; due 2005 to 2024 ............................................................................................. 7,495 6,375
6.00% to 6.49%; due 2005 to 2033 ............................................................................................. 9,074 9,834
6.50% to 6.99%; due 2005 to 2033 ............................................................................................. 9,779 9,442
7.00% to 7.49%; due 2005 to 2032 ............................................................................................. 6,876 6,917
7.50% to 7.99%; due 2005 to 2032 ............................................................................................. 8,002 7,968
8.00% to 9.25%; due 2005 to 2012 ............................................................................................. 3,694 3,636
75,678 68,115