Derivative financial instruments (Tables)

6 Months Ended

Jun. 30, 2026

Disclosure of nature and extent of risks arising from financial instruments [abstract]

Total recognised derivative assets/(liabilities)


	Contract notional amount		Fair value
	Contract notional amount		Assets	Liabilities
As at 30.06.26	£m		£m	£m
Foreign exchange derivatives	10,343,102		88,073	(82,139)
Interest rate derivatives	103,471,652		96,185	(82,336)
Credit derivatives	1,974,655		8,832	(9,520)
Equity and stock index and commodity derivatives	4,586,752		108,290	(117,071)
Derivative assets/(liabilities) held for trading	120,376,161		301,380	(291,066)

Derivatives in hedge accounting relationships
Derivatives designated as cash flow hedges	161,205		2,132	(100)
Derivatives designated as fair value hedges	176,326		50	(576)
Derivatives designated as hedges of net investments	4,442		40	(43)
Derivative assets/(liabilities) designated in hedge accounting relationships	341,973		2,222	(719)

Total recognised derivative assets/(liabilities)	120,718,134		303,602	(291,785)

As at 31.12.25
Foreign exchange derivatives	8,534,098		74,246	(71,778)
Interest rate derivatives	86,471,333		93,166	(79,718)
Credit derivatives	1,736,768		7,851	(8,379)
Equity and stock index and commodity derivatives	3,729,728		74,480	(80,252)
Derivative assets/(liabilities) held for trading	100,471,927		249,743	(240,127)

Derivatives in hedge accounting relationships
Derivatives designated as cash flow hedges	151,412		2,485	(86)
Derivatives designated as fair value hedges	164,515		75	(552)
Derivatives designated as hedges of net investments	4,389		156	(43)
Derivative assets/(liabilities) designated in hedge accounting relationships	320,316		2,716	(681)

Total recognised derivative assets/(liabilities)	100,792,243		252,459	(240,808)