13 Debt securities
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Group |
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Central and local |
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Other |
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Government |
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|
financial |
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Of which |
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UK |
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US |
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Other |
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Banks |
|
institutions |
|
Corporate |
|
Total |
|
ABS (1) |
|
2017 |
|
|
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
£m |
|
Available-for-sale |
|
391 |
|
— |
|
2 |
|
159 |
|
1 |
|
— |
|
553 |
|
159 |
|
Loans and receivables |
|
— |
|
— |
|
— |
|
— |
|
1,059 |
|
— |
|
1,059 |
|
1,059 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
391 |
|
— |
|
2 |
|
159 |
|
1,060 |
|
— |
|
1,612 |
|
1,218 |
|
|
|
|
|
|
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|
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|
2016 |
|
|
|
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|
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|
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|
|
|
|
|
|
Held-for-trading |
|
— |
|
3,564 |
|
— |
|
98 |
|
439 |
|
1 |
|
4,102 |
|
9 |
|
Available-for-sale |
|
— |
|
— |
|
27 |
|
334 |
|
— |
|
— |
|
361 |
|
84 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
— |
|
3,564 |
|
27 |
|
432 |
|
439 |
|
1 |
|
4,463 |
|
93 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
(1) |
Includes covered bonds. |
The following table analyses the Group’s available-for-sale debt securities and the related yield (based on weighted averages) by remaining maturity and issuer.
|
|
|
Within 1 year |
|
After 1 but within 5 years |
|
Total |
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|
|
|
Amount |
|
Yield |
|
Amount |
|
Yield |
|
Amount |
|
Yield |
|
2017 |
|
£m |
|
% |
|
£m |
|
% |
|
£m |
|
% |
|
Central and local governments |
|
|
|
|
|
|
|
|
|
|
|
|
|
- UK |
|
391 |
|
0.1 |
|
— |
|
— |
|
391 |
|
0.1 |
|
- Other |
|
2 |
|
2.9 |
|
— |
|
— |
|
2 |
|
2.9 |
|
Banks |
|
40 |
|
0.4 |
|
119 |
|
0.7 |
|
159 |
|
0.6 |
|
Other financial institutions |
|
— |
|
— |
|
1 |
|
— |
|
1 |
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
433 |
|
0.1 |
|
120 |
|
0.7 |
|
553 |
|
0.2 |
|
|
|
|
|
|
|
|
|
|
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|
|
|
|
|
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|
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|
|
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|
2016 |
|
|
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|
|
|
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|
|
|
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|
Central and local governments |
|
|
|
|
|
|
|
|
|
|
|
|
|
- Other |
|
24 |
|
— |
|
3 |
|
0.9 |
|
27 |
|
0.1 |
|
Banks |
|
275 |
|
0.1 |
|
59 |
|
0.6 |
|
334 |
|
0.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
299 |
|
— |
|
62 |
|
0.6 |
|
361 |
|
0.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note:
|
(1) |
There are no balances with a maturity of after 5 but within 10 years and after 10 years. |
Gross gains of £5 million (2016 - nil) and gross losses of nil (2016 – nil) were realised on the sale of available for sale securities in continuing operations.
There were no gains or losses in discontinued operations.