41.3 CREDIT QUALITY OF GOVERNMENT SECURITIES AND TREASURY BILLS AND BANK AND CORPORATE DEBT SECURITIES
The table below presents an analysis of Government securities and treasury bills and Bank and corporate debt securities for the Group by rating agency designation as at 31 December:
Singapore Other
Bank and Government
government corporate
In millions securities and
securities and debt
External rating treasury bills
treasury bills securities
2013 AAA
9,894 560 8,108
AA- to AA+ – 13,376 2,064
A- to A+
– 430 6,419
Lower than A- – 3,237 3,589
Unrated –
– 11,482
Total 9,894 17,603 31,662
2012 AAA
12,933 1,642 3,271 AA- to AA+
– 16,174
1,733 A- to A+
– 861
5,675 Lower than A-
– 4,816
2,753 Unrated
– – 10,682
Total 12,933 23,493 24,114
41.4 CREDIT RISK BY GEOGRAPHY AND INDUSTRY
The exposures are determined based on the country of incorporation of borrower, issuer or counterparty.
Bank and
Loans and
Government corporate
advances to
In millions securities and
Due from debt
customers Analysed by geography
treasury bills banks Derivatives
securities Gross
Total
2013 Singapore
9,894 856
2,095 14,214 119,463 146,522
Hong Kong
2,452 3,027 1,565 1,122 41,418
49,584
Rest of Greater China 2,594 20,337 1,248 1,971 47,910 74,060
South and Southeast Asia 2,780 4,217 1,136 3,008
23,004 34,145
Rest of the World 9,777 11,380 11,382 11,347 20,386 64,272
Total 27,497 39,817 17,426 31,662
252,181 368,583
2012 Singapore
12,933 625
2,609 9,273 101,485 126,925
Hong Kong
2,693 1,004 1,358 1,137 38,119
44,311 Rest of Greater China
2,466 15,912
927 1,524
30,678 51,507
South and Southeast Asia 4,314
4,017 661
2,115 23,045
34,152 Rest
of the
World 14,020 7,848 11,725 10,065 20,501 64,159
Total 36,426 29,406 17,280 24,114
213,828 321,054
Bank and
Loans and
Government corporate
advances to
In millions securities and
Due from debt
customers Analysed by industry
a
treasury bills banks Derivatives
securities Gross
Total
2013 Manufacturing
– –
454 1,770 30,034 32,258
Building and construction –
– 137 2,641 43,016 45,794
Housing loans
– – – – 49,147
49,147
General commerce –
– 568 1,115 51,803 53,486
Transportation, storage and communications –
– 545 2,524 21,265 24,334
Financial institutions, investment and holding companies – 39,817 14,699 13,542 11,013 79,071
Government 27,497 – – – –
27,497
Professionals and private individuals excluding housing loans
– –
145 – 19,180 19,325
Others –
– 878 10,070 26,723 37,671
Total 27,497 39,817 17,426 31,662
252,181 368,583
2012 Manufacturing
– –
319 1,065 27,037 28,421 Building and construction
– –
238 1,590
36,179 38,007
Housing loans
– – – – 45,570
45,570 General
commerce –
– 289 1,012 38,230 39,531
Transportation, storage and communications –
– 498
2,359 17,745
20,602 Financial institutions, investment and holding companies
– 29,406
14,700 10,997
11,155 66,258
Government 36,426 – – – –
36,426 Professionals and private individuals excluding housing loans
– –
68 –
14,969 15,037
Others –
– 1,168 7,091 22,943 31,202 Total
36,426 29,406 17,280 24,114 213,828
321,054
a Certain loans to investment holding companies have been reclassified to better reflect the underlying principal activity of the companies owned by the holding company. The amounts for prior period have also been reclassified to conform to the current presentation
42 LIQUIDITY RISK
42.1 CONTRACTUAL MATURITY PROFILE OF ASSETS AND LIABILITIES
