XML 57 R21.htm IDEA: XBRL DOCUMENT
v3.24.1

Securities borrowed, lent and subject to repurchase agreements | 12 Months Ended
--- | ---
Dec. 31, 2023
Securities borrowed, lent and subject to repurchase agreements | 14 Securities borrowed, lent and subject to repurchase agreements
end of |  | 2023 |  | 2022 |
Securities borrowed or purchased under agreements to resell (CHF million)
Central bank funds sold and securities purchased under resale agreements |  | 46,813 |  | 42,256 |
Deposits paid for securities borrowed |  | 400 |  | 16,542 |
Central bank funds sold, securities purchased under resale agreements and securities borrowing transactions |  | 47,213 |  | 58,798 |
Securities lent or sold under agreements to repurchase (CHF million)
Central bank funds purchased and securities sold under repurchase agreements |  | 821 |  | 19,421 |
Deposits received for securities lent |  | 134 |  | 950 |
Central bank funds purchased, securities sold under repurchase agreements and securities lending transactions |  | 955 |  | 20,371 |
Amounts shown are after counterparty and cash collateral netting.
Repurchase and reverse repurchase agreements represent collateralized financing transactions used to earn net interest income, increase liquidity or facilitate trading activity. These instruments are collateralized principally by government securities and corporate bonds and have terms ranging from overnight to a longer or unspecified period of time. In the event of counterparty default, the reverse repurchase agreement or securities lending agreement provides the Bank with the right to liquidate the collateral held. In the Bank’s normal course of business, a significant portion of the collateral received that may be sold or repledged has been sold or repledged as of December 31, 2023 and 2022.

X
- Definition The entire disclosure for repurchase agreements (also known as repos), resale agreements (also known as reverse repurchase agreements or reverse repos), securities borrowed transactions, and securities loaned transactions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 860 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//860/tableOfContent + Details
Name: | us-gaap_RepurchaseAgreementsResaleAgreementsSecuritiesBorrowedAndSecuritiesLoanedDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration