HSBC 2008 Annual Report Download - page 399

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Loans and advances to banks held for trading consist of:
2008 2007
US$m US$m
Reverse repos ..................................................................................................................................... 48,188 80,476
Settlement accounts ........................................................................................................................... 4,337 8,227
Stock borrowing ................................................................................................................................. 1,888 8,259
Other .................................................................................................................................................. 18,642 3,478
73,055 100,440
Loans and advances to customers held for trading consist of:
2008 2007
US$m US$m
Reverse repos ..................................................................................................................................... 58,285 51,543
Stock borrowing ................................................................................................................................. 13,740 24,254
Settlement accounts ........................................................................................................................... 10,116 6,216
Other .................................................................................................................................................. 18,178 16,766
100,319 98,779
17 Financial assets designated at fair value
2008 2007
US$m US$m
Treasury and other eligible bills ........................................................................................................ 235 181
Debt securities ................................................................................................................................... 16,349 21,150
Equity securities ................................................................................................................................. 10,993 20,047
Securities designated at fair value ..................................................................................................... 27,577 41,378
Loans and advances to banks ............................................................................................................ 230 178
Loans and advances to customers ...................................................................................................... 726 8
28,533 41,564
Securities designated at fair value
Fair value
2008 2007
US$m US$m
US Treasury and US Government agencies1 ..................................................................................... 93 252
UK Government ................................................................................................................................. 992 788
Hong Kong Government ................................................................................................................... 284 314
Other government .............................................................................................................................. 3,624 4,427
Asset-backed securities2 .................................................................................................................... 6,492 8,132
Corporate debt and other securities ................................................................................................... 5,099 7,418
Equities .............................................................................................................................................. 10,993 20,047
27,577 41,378
1 Includes securities that are supported by an explicit guarantee issued by the US Government.
2 Excludes asset-backed securities included under US Treasury and US Government agencies.
Included within the above figures are debt securities issued by banks and other financial institutions of
US$10,351 million (2007: US$14,401 million), of which US$14 million (2007: nil) are guaranteed by various
governments.