Welcome to The Royal Bank of Scotland Group Annual Report and Accounts.

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23. Debt securities in issue

Group Company
2006
£m
2005
£m
2006
£m
2005
£m
Held-for-trading 2,141 1,469
Designated as at fair value through profit or loss (1) 10,499 11,068
Amortised cost 73,323 77,883 2,139 2,942
85,963 90,420 2,139 2,942
 
Amounts above include:
Bonds and medium term notes 43,408 26,339 2,130 2,942
Certificates of deposit and other commercial paper 42,555 64,081 9

Note:

(1) No amounts have been recognised in profit or loss for changes in credit risk associated with these liabilities as the changes are immaterial measured as the change in fair value from movements in the period in the credit risk premium payable by the Group. The carrying amount is £383 million (2005 – £365 million) lower than the principal amount.


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