35 Collateral

Assets Pledged as Collateral

The following table provides details of financial assets which have been sold or otherwise transferred, but which do not qualify for derecognition because substantially all risks and rewards of ownership are retained. Repurchase agreements and securities lending transactions are discussed in Notes 2.7 and 12. Securities pledged under other transactions include debt securities pledged as collateral under reinsurance contracts issued and debt securities pledged as collateral under prime broker contracts to cover margins due in respect of derivative transactions.

Carrying Amount of Assets Pledged as Collateral
In CHF million  
  31.12.2011 31.12.2010
Securities under repurchase and securities lending transactions
  969 1 060
Securities under other transactions
  1 871 1 240
Other financial assets
  608 3
Investment property
  227
Property and equipment
  0
Total
  3 675 2 303
of which can be sold or repledged by transferee
  969 1 060


Fair Value of Collateral Held
In CHF million  
  31.12.2011 31.12.2010
Securities under repurchase agreements, securities borrowing and lending arrangements
  93
Securities under derivative and other transactions
 
Total
  93
of which sold or repledged
 
With obligation to return
 
No obligation to return
 


 

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