By carrying amount | 31.12.2015 | 31.12.2014 |
Debt securities | 13 337 373 | 13 804 860 |
issued by central banks, NBP money market bills | 10 036 898 | 10 998 812 |
issued by the State Treasury, of which: | 3 052 701 | 2 478 708 |
Treasury bonds PLN | 1 934 817 | 2 452 213 |
Treasury bonds EUR | 91 634 | - |
Treasury bonds CHF | 993 615 | - |
Treasury bonds UAH | 32 635 | 26 495 |
issued by local government bodies, of which: | 247 263 | 253 817 |
municipal bonds EUR | 131 341 | 139 882 |
municipal bonds PLN | 115 922 | 113 935 |
issued by non-financial institutions, corporate bonds PLN | 511 | 511 |
issued by banks, structured bonds PLN | - | 73 012 |
Participation units in ICF (insurance capital funds) related to insurance products belonging to the group of products where the investment risk is borne by the policyholder | 1 816 727 | 1 918 288 |
Total | 15 154 100 | 15 723 148 |
Debt securities by nominal value | 31.12.2015 | 31.12.2014 |
Treasury notes NBP PLN | 10 040 000 | 11 000 000 |
Treasury bonds PLN | 1 916 493 | 2 371 934 |
Treasury bonds EUR | 98 015 | - |
Treasury bonds CHF | 984 850 | - |
Treasury bonds UAH | 11 192 | 15 497 |
municipal bonds EUR | 106 538 | 106 558 |
municipal bonds PLN | 100 000 | 100 000 |
Corporate bonds PLN | 500 | 500 |
Structured bonds PLN | - | 74 141 |
The average yield on debt securities issued by the State Treasury | 31.12.2015 | 31.12.2014 |
0.9975% | 1.9612% |
Change in financial instruments designated upon initial recognition at fair value through profit and loss |
2015 | 2014 |
Balance at the beginning of the period | 15 723 148 | 15 204 756 |
Take of control over subsidiary | - | 5 599 561 |
Currency translation differences | (56 020) | (5 792) |
Increases | 586 857 662 | 637 674 906 |
Decreases | (587 480 734) | (642 818 356) |
Change in fair value | 110 044 | 68 073 |
Balance at the end of the period | 15 154 100 | 15 723 148 |
As at 31 December 2015 and as at 31 December 2014 in the Group’s portfolio there were no financial assets upon initial recognition at fair value through profit and loss as collateral for liabilities from sell-buy-back (Treasury bonds) and related liabilities.
As at 31 December 2015 and as at 31 December 2014 the Group did not have any transferred financial assets, which are derecognised from the statement of financial position in their entirety, but the Bank continues involvement in those assets.
As at 31 December 2015 | up to 1 month | 1 - 3 months |
3 months - 1 year |
1 - 5 years | over 5 years | Total |
Debt securities | ||||||
issued by central banks | 10 036 898 | - | - | - | - | 10 036 898 |
issued by the State Treasury | 36 072 | 5 992 | 371 951 | 2 262 929 | 375 757 | 3 052 701 |
issued by local government bodies | - | - | - | 247 263 | - | 247 263 |
issued by non-financial institutions | - | 511 | - | - | - | 511 |
Total | 10 072 970 | 6 503 | 371 951 | 2 510 192 | 375 757 | 13 337 373 |
As at 31 December 2014 | up to 1 month | 1 - 3 months |
3 months - 1 year |
1 - 5 years | over 5 years | Total |
Debt securities | ||||||
issued by central banks | 10 998 812 | - | - | - | - | 10 998 812 |
issued by the State Treasury | 411 437 | - | 150 515 | 1 441 084 | 475 672 | 2 478 708 |
issued by local government bodies | - | - | - | 253 817 | - | 253 817 |
issued by banks | 10 124 | 14 068 | 48 820 | - | - | 73 012 |
issued by non-financial institutions | - | - | - | 511 | - | 511 |
Total | 11 420 373 | 14 068 | 199 335 | 1 695 412 | 475 672 | 13 804 860 |