NATIXIS_PILLAR_III_2017_EN

OVERALL INTEREST RATE, LIQUIDITY AND STRUCTURAL FOREIGN EXCHANGE RISKS Other information

Other information 9.5 

ENCUMBERED AND 9.5.1 

collateral. It also receives collateral, some of which can be reused as collateral. The purpose of this appendix is to show the portion of assets pledged as a guarantee or collateral, and the corresponding liabilities, in accordance with the requirements of the Ministerial Order of December 19, 2014.

UNENCUMBERED ASSETS

As part of its refinancing activities, and repurchase agreements in particular, Natixis is required to pledge part of its assets as

TABLE 59 : ENCUMBERED AND UNENCUMBERED ASSETS AT 12.31.2017 (IN MILLIONS OF EUROS) R

Carrying amount of unencumbered assets

Fair value of unencumbered assets

Carrying amount of encumbered assets

Fair value of encumbered assets

Template A – Assets

Assets of the reporting institution

51,815 20,554 10,805 21,766

369,251 14,582 14,864 341,440

Equity instruments

20,554 10,805

14,582 14,864

Debt securities Other assets

Fair value of encumbered collateral received and own debt securities issued

Fair value of collateral received and own debt securities issued and available for encumbrance

Template B – Collateral received

Collateral received by the reporting institution

143,288 32,279 109,682

65,920 37,944 17,635 10,814

Equity instruments Debt securities Other guarantees

Debt securities issued besides own secured bonds or own asset-backed securities

2,447

Associated liabilities, contingent liabilities or securities lent

Assets, collateral received and debt securities issued besides secured bonds or securities backed by encumbered assets

Template C – Encumbered assets/collateral received and associated liabilities

9

Carrying amount of selected financial liabilities

190,373

194,162

Template D – Information on the extent of asset encumbrance At December 31, 2017, Natixis’ encumbered assets amounted to €194,612 million, of which: €174,370 million in encumbered securities for corporate actions and issues of securities; a €4,936 million in encumbered receivables in mechanisms other than secured bonds; a €1,005 million in receivables securing secured bond issues; a €15,780 million in encumbered assets in respect of margin calls on derivatives. a

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NATIXIS Risk report Pillar III 2017