2006 Interim Report－A Share.pdf - 中国银行

Notes to the Condensed Financial Statements
For the six month period ended 30 June 2006
(Amount in millions of Renminbi, unless otherwise stated)
5. Debt securities
30 June 2006 31 December 2005
Debt securities available-for-sale (at fair value):
Government bonds 309,350 229,064
Public sector and quasi government bonds 247,158 106,840
Financial institution bonds 228,024 170,038
Corporate bonds 134,643 87,068
Sub-total 919,175 593,010
Debt securities held-to-maturity (at amortised cost):
Government bonds 224,065 231,156
Public sector and quasi government bonds 119,604 135,002
Financial institution bonds 192,294 203,724
Corporate bonds 33,163 37,577
Sub-total 569,126 607,459
Debt securities classified as loans and receivables (at amortised cost):
China Orient Bond 160,000 160,000
PBOC Special Bills (1) 91,612 91,530
Special Purpose Treasury Bond 42,500 42,500
Short term bills and notes
- Public sector and quasi government bonds 15,260 6,096
- Financial institution bonds 67,676 49,993
- Corporate bonds 1,825 -
Bearer Treasury Bonds and others 10,647 11,888
389,520 362,007
Provision for impairment (152) (156)
Sub-total 389,368 361,851
Total (2) 1,877,669 1,562,320
(1) On 22 June 2006, the PBOC issued special PBOC Bills amounting to RMB 82 million in exchange for certain debt for
equity swap loans, as previously approved by the State Council. The tenor of the bill is 5 years, with an interest rate
of 1.89% per annum. The bills cannot be circulated, transferred or pledged as collateral, unless otherwise approved
by PBOC.
(2) As at 30 June 2006, debt securities of RMB 76,822 million (2005: RMB 49,658 million) were pledged as collateral to
third parties under agreement to repurchase. Refer to Note IX.2.
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