Other Debt Securities

12 Months Ended

Dec. 31, 2021

10	OTHER DEBT SECURITIES

The following table shows the bank’s holdings of other debt securities, net of the impairment allowances, as of December 31, 2021 and 2020:


Name	Holdings
	12/31/2021				12/31/2020
	Fair value level		Book amounts		Book amounts
Other debt securities
Measured at fair value through other comprehensive income
- Local
Government securities
Federal government treasury bonds linked to dollar - Maturity: 04-28-2023		1		29,321,529
Federal government treasury bonds in pesos adjusted by CER - Maturity: 09-20-2022		1		25,114,882
Letters of National Estate in pesos adjusted by CER to discount - Maturity: 07-29-2022		1		19,588,804
Federal government treasury bonds in pesos BADLAR +200 PB - Maturity: 04-03-2022		1		15,202,690		49,728
Federal government treasury bonds in pesos adjusted by CER - Maturity: 03-25-2023		1		10,414,066		1,568,690
Letters of National Estate in pesos adjusted by CER to discount - Maturity: 04-18-2022		1		9,905,621
Letters of National Estate in pesos adjusted by CER to discount - Maturity: 05-23-2022		1		4,021,054
Letters of National Estate in pesos to discount - Maturity: 01-31-2022		1		3,794,807
Federal government treasury bonds in pesos adjusted by CER - Maturity: 03-25-2024		1		3,357,516		1,321,885
Federal government treasury bonds in pesos adjusted by CER - Maturity: 08-13-2023		1		3,096,000
Other		1		1,036,873		64,664,356

Subtotal local government securities				124,853,842		67,604,659

Central Bank of Argentina Bills
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-04-2022		2		21,520,780
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-27-2022		2		18,879,645
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-18-2022		2		18,637,794
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-11-2022		2		17,725,328
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-13-2022		2		17,501,774
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-25-2022		1		16,551,744
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-06-2022		2		15,888,779
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-20-2022		2		6,264,907
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-21-2021						32,027,644
Liquidity letters of Central Bank of Argentina in pesos - Maturity: 01-12-2021						29,785,222
Other						132,412,367

Subtotal Central Bank of Argentina Bills				132,970,751		194,225,233

- Foreign
Government securities
US Treasury Bill – Maturity: 01-20-2022		1		4,109,963
US Treasury Bill – Maturity: 01-14-2021						3,810,254
US Treasury Bill – Maturity: 01-19-2021						1,270,073
US Treasury Bill – Maturity: 01-21-2021						1,016,064
US Treasury Bill – Maturity: 01-28-2021						757,588

Subtotal foreign government securities				4,109,963		6,853,979

Total Other debt securities measured at fair value through other comprehensive income (1)				261,934,556		268,683,871


Name	Holdings
	12/31/2021		12/31/2020
	Book amounts		Book amounts

Measured at amortized cost
- Local
Government securities
Federal government bonds in pesos at 22% - Maturity: 05-21-2022		22,742,357		30,428,731
Treasury bills of Province of Neuquén Series 1 Class 1 - Maturity: 04-07-2022		311,717
Discount bonds denominated in pesos at 5,83% - Maturity: 12-31-2033		265,823		277,187
Debt securities of Province of Río Negro in pesos - Maturity: 04-12-2022		218,580
Treasury bills of Province of Río Negro Series 2 Class 1 - Maturity: 06-15-2022		193,577
Treasury bills of Province of Neuquén Series 4 Class 1 - Maturity: 02-28-2022		45,849
Federal government treasury bonds adjusted by CER - Maturity: 04-17-2021				12,940,391
Federal government treasury letters at variable rate in pesos - Maturity: 03-31-2021				2,389,616
Bonds of treasury of federal government in pesos adjusted by CER - Maturity: 03-18-2022				84,062
Bonds Par denominated in Pesos - Maturity 12-31-2038				42,643

Subtotal local government securities		23,777,903		46,162,630

Private securities
Corporate Bonds YPF SA Class 043 -Maturity: 10-21-2023		55,706		112,103
Debt Securities in Financial Trusts Surcos Series 020 Class A - Maturity: 07-15-2022		43,098
Debt Securities in Financial Trusts Secubono Series 209 Class A - Maturity: 05-30-2022		30,878
Corporate Bonds Santander Río Bank S,A, Class 021 -Maturity: 01-26-2022		26,651		38,806
Debt Securities in Financial Trusts Secubono Series 208 Class A - Maturity: 04-28-2022		26,117
Debt Securities in Financial Trusts Confibono Series 059 Class A - Maturity: 03-21-2022		21,038
Debt Securities in Financial Trusts Accicom Préstamos Pers Series 11 Class A- Maturity: 12-20-2022		19,358
Debt Securities in Financial Trusts Secubono Series 210 Class A - Maturity: 06-28-2022		18,608
Debt Securities in Financial Trusts Secubono Series 211 Class A - Maturity: 07-28-2022		13,095
Debt Securities in Financial Trusts Secubono Series 207 Class A - Maturity: 03-28-2022		5,998
Other		3,601		650,122

Subtotal local private securities		264,148		801,031

Total Other debt securities measured at cost amortized (2)		24,042,051		46,963,661

Total other debt securities		285,976,607		315,647,532

(1)	The gross carrying amount of these investments, their stages and the related allowance for ECL are disclosed in note 9.3.

(2)	The gross carrying amount of these investments, their stages and the related allowance for ECL are disclosed in note 9.2.

As of December 31, 2021 the unrealized gains and losses from government securities amounted to 2,711,062 and 266.976, respectively, and the unrealized losses related to Central Bank Bills amounted to 163,255. In addition, as of December 31, 2020

the unrealized gains and losses from government securities amounted to 672,925 and 103,302, respectively, and the unrealized losses related to Central Bank Bills amounted to 279,660. All the abovementioned amounts are net of income tax effects.