Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 39

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 39
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1,464,045 |          17,301 | 2.38 |      1,353,221 |          20,153 | 2.99 |      1,385,840 |          40,173 | 2.90 |
| Repurchase agreements – non-trading1             |        183,938 |           6,605 | 7.24 |        187,931 |           7,872 | 8.42 |        187,337 |          15,617 | 8.34 |
| Debt securities in issue – non-trading           |        196,936 |           5,556 | 5.69 |        195,038 |           6,378 | 6.58 |        196,440 |          12,806 | 6.52 |
| Other interest-bearing liabilities               |         71,294 |           1,407 | 3.98 |         98,359 |           2,636 | 5.39 |         84,773 |           4,372 | 5.16 |
| Total interest-bearing liabilities               |      1,990,534 |          32,187 | 3.26 |      1,897,649 |          38,461 | 4.08 |      1,920,795 |          75,898 | 3.95 |

1 The average balances for repurchase and reverse repurchase agreements include net amounts where the criteria for offsetting are met, resulting in a lower net balance reported for repurchase agreements and thus higher cost. 2 Including interest-bearing bank deposits only. 3 Including interest-bearing customer accounts only. Net interest income (‘NII’) for 1H25 was $16.8bn , a decrease of $0.1bn or 1% compared with 1H24. On a constant currency basis, NII increased by $0.3bn or 2% compared with 1H24, as lower costs of funding the trading book reflecting a reduction in market interest rates and the benefit of our structural hedge offset decreases due to the business disposals in Argentina and Canada, and the impact of lower market interest rates on asset re-pricing . NII for 2Q25 wa s $8.5bn , up 3% compared with 1Q25. On a constant currency basis, NII was stable compared with