Financial assets designated upon initial recognition at fair value through profit and loss

Financial assets designated upon initial recognition at fair value through profit and loss

  31.12.2011 31.12.2010
Debt securities 12 467 201 10 758 331
issued by central banks, of which: 8 593 791 3 997 780
NBP money market bills 8 593 791 3 997 780
issued by the State Treasury, of which: 3 620 515 6 631 702
Treasury bills 2 180 148 1 893 058
Treasury bonds PLN 1 318 278 4 738 644
Treasury bonds EUR 122 089 -
issued by local government bodies, of which: 252 895 128 849
municipal bonds EUR 143 973 128 849
municipal bonds PLN 108 922 -
Total 12 467 201 10 758 331

As at 31 December 2011 and as at 31 December 2010, the portfolio of financial instruments designated upon initial recognition at fair value through profit and loss comprised of the following:

By nominal amount 31.12.2011 Currency 31.12.2010 Currency
in the parent company:        
NBP money market bills 8 600 000 PLN thousand 4 000 000 PLN thousand
Treasury bills 2 196 950 PLN thousand 1 932 960 PLN thousand
Treasury bonds PLN 1 361 669 PLN thousand 4 834 445 PLN thousand
Treasury bonds EUR 110 420 PLN thousand - PLN thousand
municipal bonds EUR 110 420 PLN thousand 99 008 PLN thousand
municipal bonds  PLN 100 000 PLN thousand - PLN thousand
in subsidiaries:        
bonds of other entities 3 128 UAH thousand 22 148 UAH thousand

As at 31 December 2011, the average yield on debt securities issued by the State Treasury which are included in the portfolio of financial instruments designated upon initial recognition at fair value through profit and loss was 4.73%. As at 31 December 2010, the average yield on such securities amounted to 4.57%.

Financial assets designated upon initial recognition at fair value through profit and loss by carrying amount – by maturity

As at 31 December 2011  up to 1 month 1 - 3 months 3 months
– 1 year
1 - 5 years over 5 years Total
Debt securities  8 974 505 2 180 148 512 243 547 410 252 895 12 467 201
issued by central banks 8 593 791 - - - - 8 593 791
issued by the State Treasury 380 714 2 180 148 512 243 547 410 - 3 620 515
issued by local government bodies - - - - 252 895 252 895
Total  8 974 505 2 180 148 512 243 547 410 252 895 12 467 201
As at 31 December 2010 up to 1 month 1 - 3 months 3 months
– 1 year
1 - 5 years over 5 years Total
Debt securities  3 997 780 430 435 4 105 431 2 095 836 128 849 10 758 331
issued by central banks 3 997 780 - - - - 3 997 780
issued by the State Treasury - 430 435 4 105 431 2 095 836 - 6 631 702
issued by local government bodies - - - - 128 849 128 849
Total  3 997 780 430 435 4 105 431 2 095 836 128 849 10 758 331