Note 28 Pledged Assets

Financial assets are pledged in securities borrowing and lending transactions, in repurchase and reverse repurchase transactions, under collateralized credit lines with central banks, against loans from mortgage institutions and for security deposits relating to stock exchange and clearinghouse memberships.

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Carrying amount

CHF million

31.12.06

31.12.05

Financial assets pledged1

Mortgage loans

81

64

Other financial assets

0

474

Total financial assets pledged

81

538

Other assets pledged

Property and equipment

0

520

1  Securities pledged to third parties with and without the right of rehypothecation are disclosed in footnote 1 of Note 12 and are not included in the table above.

 

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