| Summary of Carrying Amount and Fair Value of Transferred Assets Did Not Qualify for Derecognition |
The following table provides information on the carrying amount and fair value of the transferred assets that did not qualify for derecognition, and their associated liabilities.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
As at |
|
| |
|
|
|
|
|
|
October 31, 2023 |
|
|
|
|
|
|
|
|
|
|
|
(Millions of Canadian dollars) |
|
Canadian
residential
mortgage
loans (1), (2) |
|
|
Securities
sold under
repurchase
agreements (3) |
|
|
(3) |
|
|
|
|
|
|
|
Canadian
residential
mortgage
loans (1), (2) |
|
|
Securities
sold under
repurchase
agreements (3) |
|
|
Securities
loaned (3) |
|
|
Total |
|
Carrying amount of transferred assets that do not qualify for derecognition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
28,312 |
|
|
$ |
313,558 |
|
|
$ |
21,680 |
|
|
$ |
363,550 |
|
Carrying amount of associated liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28,007 |
|
|
|
313,558 |
|
|
|
21,680 |
|
|
|
363,245 |
|
Fair value of transferred assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
26,472 |
|
|
$ |
313,558 |
|
|
$ |
21,680 |
|
|
$ |
361,710 |
|
Fair value of associated liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26,780 |
|
|
|
313,558 |
|
|
|
21,680 |
|
|
|
362,018 |
|
Fair value of net position |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
(308 |
) |
|
$ |
– |
|
|
$ |
– |
|
|
$ |
(308 |
) |
| (1) |
|
Includes Canadian residential mortgage loans transferred primarily to Canada Housing Trust at the initial securitization and other permitted investments used for funding requirements after the initial securitization as well as Canadian residential mortgages transferred into the RBC Indigo Mortgage Fund. |
| (2) |
|
CMB investors have legal recourse only to the transferred assets, and do not have recourse to our general assets. |
| (3) |
|
Does not include over-collateralization of assets pledged. |
|