Debt securities

12 Months Ended

Dec. 31, 2025

Debt securities are composed of:


	December 31, 2025	December 31, 2024
Treasury bills chargeable at central banks ...............................................................................	$1,365	$401
Mandatory deposits at central banks .........................................................................................	93	42
Bonds and other interest bearing securities ............................................................................	60	11
Total ...................................................................................................................................................	$1,518	$454

The Group monitors the credit ratings for the securities held throughout the investment holding period.

The allowance for expected credit losses is immaterial due to the credit quality of the issuers and low risk

of default.

Mandatory deposits at central banks are held with local central banks for the purpose of satisfying

regulatory requirements. These deposits are not available for immediate use to support the Company’s

day-to-day operations.