Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 451

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 451
---
 | Other | Total |
|                                       | £bn | £bn | £bn |   £bn |   £bn |
| Liquidity pool as at 31 December 2024 |  92 |  75 | 109 |    21 |   297 |
| Liquidity pool as at 31 December 2023 |  82 |  76 | 117 |    23 |   298 |

Management of the liquidity pool The composition of the liquidity pool is subject to limits set by the Board and the independent liquidity risk, credit risk and market risk functions. In addition, the investment of the liquidity pool is monitored for concentration risk by issuer, currency and asset type. Given the returns generated by these highly liquid assets, the risk and reward profile is continuously managed. As at 31 December 2024 , 60% ( 2023 : 59%) of the liquidity pool was located in Barclays Bank PLC, 23% ( 2023 : 22%) in Barclays Bank UK PLC and 9% ( 2023 : 11%) in Barclays Bank Ireland PLC. The residual portion of the liquidity pool is held outside of these entities, predominantly in the US subsidiaries, to meet entity-specific stress outflows and local regulatory requirements. To the extent the use of this portion of the liquidity pool is restricted due to local regulatory requirements, it is assumed to be unavailable to the rest of the Group in calculating the LCR. Contingent liquidity In addition to the Group liquidity pool, the Group has access to other unencumbered assets which provide a source of contingent liquidity. While these are not relied on in the Group’s ILST, a portion of these assets may be monetised in a stress to generate liquidity through their use as collateral for secured funding or through outright sale. In a Barclays-specific, market-wide or combined liquidity stress, liquidity available via market sources could be severely disrupted. In circumstances where market liquidity is unavailable or available only at significantly elevated prices, the Group could generate liquidity via central bank facilities. To this end, as at 31 December 2024 , the Group had £87.9bn ( December 2023 : £72.5bn) of assets positioned at various central banks. For more detail on the Group’s other unencumbered assets, see pages 199 to 203 of the Barclays PLC Pillar 3 Report 2024 (unaudited). F unding structure and funding relationships The basis for sound liquidity risk management is a funding