Debt issued measured at amortized cost (Tables)

12 Months Ended

Dec. 31, 2023

Notes And Debentures Issued [Member]

Disclosure Of Financial Liabilities [Line Items]

Disclosure Of Detailed Information About Borrowings Explanatory

USD m

31.12.23

31.12.22

Short-term debt

1

38,530

29,676

of which: Credit Suisse

1,245

Senior unsecured debt 

147,547

59,965

of which: contributes to total loss-absorbing capacity (TLAC)

101,939

42,073

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

18,446

17,892

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

24,609

Covered bonds

5,214

0

Subordinated debt

17,644

16,017

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

10,744

9,882

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

1,214

1,189

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

0

2,422

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

538

536

Debt issued through the Swiss central mortgage institutions

27,377

8,962

Other long-term debt

1,506

Long-term debt

2

199,288

84,945

of which: Credit Suisse

3

45,640

Total debt issued measured at amortized cost

4,5

237,817

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. 5 Except for Covered bonds, Debt issued through the Swiss central mortgage institutions and Other long-term

debt,

100

% of the balance was unsecured as of 31 December 2023.