Debt issued designated at fair value	12 Months Ended
Debt issued designated at fair value	Dec. 31, 2021
Entity [Table]
Disclosure Of Financial Instruments Designated At Fair Value Through Profit Or Loss Explanatory	Note 16 Debt issued designated at fair value USD million 31.12.21 31.12.20 Issued debt instruments Equity-linked 1 47,059 41,069 Rates-linked 16,369 11,038 Credit-linked 1,723 1,933 Fixed-rate 2,868 3,604 Commodity-linked 2,911 1,497 Other 2,868 2,101 of which: debt that contributes to total loss-absorbing capacity 2,136 1,190 Total debt issued designated at fair value 73,799 61,243 of which: issued by UBS AG with original maturity greater than one year 2 57,967 46,427 of which: life-to-date own credit (gain) / loss 347 418 1 Includes investment fund unit-linked instruments issued. 2 Based on original contractual maturity without considering any early redemption features. As of 31 December 2021, 100 % of the balance was unsecured (31 December 2020: 100 %). As of 31 December 2021 and 31 December 2020, the contractual redemption amount at maturity of debt issued designated at fair value through profit or loss was not materially different from the carrying amount. The table below shows the residual contractual maturity of the carrying amount of debt issued designated at fair value, split between fixed-rate and floating-rate instruments based on the contractual terms, and does not consider any early redemption features. Interest rate ranges for future interest payments related to debt issued designated at fair value have not been included in the table below, as the majority of the debt instruments issued are structured products and therefore the future interest payments are highly dependent upon the embedded derivative and prevailing market conditions at the point in time that each interest payment is made. › Refer to Note 24 for maturity information on an undiscounted cash flow basis Contractual maturity of carrying amount USD million 2022 2023 2024 2025 2026 2027–2031 Thereafter Total 31.12.21 Total 31.12.20 UBS Group AG 1 Non-subordinated debt Fixed-rate 0 0 0 0 0 0 2,340 2,340 1,375 UBS AG 2 Non-subordinated debt Fixed-rate 4,296 1,658 716 495 226 273 1,732 9,397 9,409 Floating-rate 19,338 15,621 5,067 5,816 3,840 8,364 3,238 61,284 49,528 Subtotal 23,635 17,279 5,783 6,311 4,066 8,637 4,971 70,682 58,937 Other subsidiaries 3 Non-subordinated debt Fixed-rate 6 0 0 0 0 423 0 429 539 Floating-rate 150 47 145 0 0 0 7 349 392 Subtotal 156 47 145 0 0 423 7 778 931 Total 23,791 17,325 5,929 6,311 4,066 9,060 7,317 73,799 61,243 1 Consists of instruments issued by the legal entity UBS Group AG. 2 Consists of instruments issued by the legal entity UBS AG. 3 Consists of instruments issued by subsidiaries of UBS AG.
UBS AG
Entity [Table]
Disclosure Of Financial Instruments Designated At Fair Value Through Profit Or Loss Explanatory	Note 16 Debt issued designated at fair value USD million 31.12.21 31.12.20 Issued debt instruments Equity-linked 1 47,059 41,069 Rates-linked 16,369 11,038 Credit-linked 1,723 1,933 Fixed-rate 2,868 3,604 Commodity-linked 2,911 1,497 Other 529 726 Total debt issued designated at fair value 71,460 59,868 of which: issued by UBS AG with original maturity greater than one year 2 57,967 46,427 of which: life-to-date own credit (gain) / loss 144 233 1 Includes investment fund unit-linked instruments issued. 2 Based on original contractual maturity without considering any early redemption features. As of 31 December 2021, 100 % of the balance was unsecured (31 December 2020: 100 %). As of 31 December 2021 and 31 December 2020, the contractual redemption amount at maturity of debt issued designated at fair value through profit or loss was not materially different from the carrying amount. The table below shows the residual contractual maturity of the carrying amount of debt issued designated at fair value, split between fixed-rate and floating-rate instruments based on the contractual terms, and does not consider any early redemption features. Interest rate ranges for future interest payments related to debt issued designated at fair value have not been included in the table below, as the majority of the debt instruments issued are structured products and therefore the future interest payments are highly dependent upon the embedded derivative and prevailing market conditions at the point in time that each interest payment is made. › Refer to Note 24 for maturity information on an undiscounted cash flow basis Contractual maturity of carrying amount USD million 2022 2023 2024 2025 2026 2027–2031 Thereafter Total 31.12.21 Total 31.12.20 UBS AG 1 Non-subordinated debt Fixed-rate 4,296 1,658 716 495 226 273 1,732 9,397 9,409 Floating-rate 19,338 15,621 5,067 5,816 3,840 8,364 3,238 61,284 49,528 Subtotal 23,635 17,279 5,783 6,311 4,066 8,637 4,971 70,682 58,937 Other subsidiaries 2 Non-subordinated debt Fixed-rate 6 0 0 0 0 423 0 429 539 Floating-rate 150 47 145 0 0 0 7 349 392 Subtotal 156 47 145 0 0 423 7 778 931 Total 23,791 17,325 5,929 6,311 4,066 9,060 4,977 71,460 59,868 1 Consists of instruments issued by the legal entity UBS AG. 2 Consists of instruments issued by subsidiaries of UBS AG.