Debt issued held at amortized cost

6 Months Ended

Jun. 30, 2023

Disclosure Of Financial Liabilities [Line Items]

Disclosure Of Debt Securities Explanatory

Note

13

Debt issued measured at amortized cost

USD m

30.6.23

31.3.23

31.12.22

Short-term debt

1

40,522

27,412

29,676

of which: Credit Suisse

4,932

Senior unsecured debt that contributes to total loss-absorbing capacity (TLAC)

97,927

47,172

42,073

Senior unsecured debt other than TLAC

43,508

18,680

17,892

of which: issued by UBS AG standalone with original maturity greater than one year

14,918

15,472

17,892

of which: issued by Credit Suisse AG standalone with original maturity greater than one year

26,346

Covered bonds

3,934

Subordinated debt

16,832

14,175

16,017

of which: eligible as high-trigger loss-absorbing additional tier 1 capital instruments

9,928

10,002

9,882

of which: eligible as low-trigger loss-absorbing additional tier 1 capital instruments

1,190

1,198

1,189

of which: eligible as low-trigger loss-absorbing tier 2 capital instruments

0

2,438

2,422

of which: eligible as non-Basel III-compliant tier 2 capital instruments

539

538

536

Debt issued through the Swiss central mortgage institutions

24,862

8,873

8,962

Other long-term debt

3,273

Long-term debt

2

190,336

88,900

84,945

of which: Credit Suisse

3

52,406

Total debt issued measured at amortized cost

4

230,857

116,312

114,621

1 Debt with an original contractual maturity of less than one year, includes mainly certificates of deposit and commercial paper. 2 Debt with an original contractual maturity greater than or equal to one year. The

classification of debt issued into short-term and long-term does not consider any early redemption features. 3 Refer to Note 2 for more information about the acquisition of the Credit Suisse Group. 4 Net of

bifurcated embedded derivatives, the fair value of which was not material for the periods presented.