v3.25.4

Debt securities in issue (Tables) | 12 Months Ended
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Dec. 31, 2025
Disclosure of debt instruments [Abstract] |
Schedule of Debt Securities in Issue |
| 2025 |  | 2024
| At fair value through profit or loss £m | At amortised cost £m | Total £m |  | At fair value through profit or loss £m | At amortised cost £m | Total £m
Senior unsecured notes issued | 4,226 | 37,532 | 41,758 |  | 4,608 | 40,019 | 44,627
Covered bonds | – | 11,260 | 11,260 |  | – | 11,764 | 11,764
Certificates of deposit issued | – | 7,333 | 7,333 |  | – | 5,776 | 5,776
Securitisation notes | 17 | 6,325 | 6,342 |  | 22 | 5,185 | 5,207
Commercial paper | – | 15,821 | 15,821 |  | – | 8,090 | 8,090
Total debt securities in issue | 4,243 | 78,271 | 82,514 |  | 4,630 | 70,834 | 75,464

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