v3.25.2
Subordinated liabilities
 6 Months Ended
Jun. 30, 2025
Subordinated liabilities [abstract]  
Subordinated liabilities Subordinated liabilities
Half year ended 30.06.25Year ended 31.12.24
£m£m
Opening balance as at 1 January
41,87535,903
Issuances5,37911,222
Redemptions(2,371)(5,067)
Other(1,662)(183)
Closing balance43,22141,875
Designated at fair value (Note 5)550 537
Total subordinated liabilities43,771 42,412
Issuances of £5,379m comprise £4,710m intra-group loans from Barclays PLC and £669m EUR 4.616% Fixed Rate Resetting Subordinated Callable Notes issued to Barclays PLC.
Redemptions of £2,371m comprise £2,256m intra-group loans from Barclays PLC and £115m SGD 3.750% Fixed Rate Resetting Subordinated Callable Notes issued to Barclays PLC.

Other movements predominantly comprise foreign exchange movements and fair value hedge adjustments.