Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 577

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 577
---
 amortisation and releases of £ 19m ( 2023 : £ 24m ) for financial instruments measured at amortised cost. Third-party credit enhancements Structured and brokered certificates of deposit issued by Barclays are insured up to $250,000 per depositor by the Federal Deposit Insurance Corporation (FDIC) in the US. The FDIC is funded by premiums that Barclays and other banks pay for deposit insurance coverage. The carrying value of these issued certificates of deposit that are designated under the IFRS 9 fair value option includes this third-party-credit enhancement. The on-balance sheet value of these brokered certificates of deposit amounted to £ 4,844m ( 2023 : £ 5,162m ).

| Strategy                                      | Shareholderinformation | Climate andsustainability report | Governance | Riskreview | Financialreview |     | Financialstatements |     | Barclays PLC 2024Annual Reporton Form 20-F | 402 |
| Notes to the financial statements (continued) |                        |                                  |            |            |                 |     |                     |     |                                            |     |
| Assets and liabilities held at fair value     |                        |                                  |            |            |                 |     |                     |     |                                            |     |

Comparison of carrying amounts and fair values for assets and liabilities not held at fair value

The following table summarises the fair value of financial assets and liabilities measured at amortised cost on the Group’s balance

sheet:

|                                                                    |           2024 |            |          |          |         |           2023 |            |          |          |         |
|                                                                    | Carryingamount | Fair value |  Level 1 |  Level 2 | Level 3 | Carryingamount | Fair value |  Level 1 |  Level 2 | Level 3 |
|                                                                    |             £m |         £m |       £m |       £m |      £m |             £m |         £m |       £m |       £m |      £m |
| Financial assets                                                   |                |            |          |          |         |                |            |          |          |         |
| Debt securities at amortised cost                                  |         68,210 |     67,354 |   19,341 |   46,429 |   1,584 |         56,749 |     55,437 |   13,976 |   39,014 |   2,447 |
| Loans and advances