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&lt;p style="MARGIN: 0in 0in 0pt 0.25in;"&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2"&gt;The Company enters into repurchase agreements in exchange for cash which it accounts for as secured borrowings.&amp;#160; The Company has pledged Available-for-Sale securities consisting of agency residential mortgage backed securities and commercial mortgage backed securities to collateralize its obligation under the repurchase agreements. The fair value of the securities pledged is recorded in investments and was $209 million and $518 million at June&amp;#160;30, 2013 and December&amp;#160;31, 2012, respectively. The amount of the Company&amp;#8217;s liability including accrued interest as of June&amp;#160;30, 2013 and December&amp;#160;31, 2012 was $201 million and $501 million, respectively.&amp;#160; The weighted average annualized interest rate on the repurchase agreements held as of both June&amp;#160;30, 2013 and December&amp;#160;31, 2012 was 0.4%.&lt;/font&gt;&lt;/p&gt;
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&lt;p style="MARGIN: 0in 0in 0pt 0.25in;"&gt;&lt;font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2"&gt;RiverSource Life Insurance Company is a member of the Federal Home Loan Bank (&amp;#8220;FHLB&amp;#8221;) of Des Moines which provides access to collateralized borrowings. The Company has pledged Available-for-Sale securities consisting of commercial mortgage backed securities to collateralize its obligation under these borrowings. The fair value of the securities pledged is recorded in investments and was $376&amp;#160;million at June&amp;#160;30,&amp;#160;2013. The amount of the Company&amp;#8217;s liability including accrued interest as of June&amp;#160;30, 2013 was $300 million.&amp;#160; The weighted average annualized interest rate on the FHLB advances held as of June&amp;#160;30, 2013 was 0.3%.&lt;/font&gt;&lt;/p&gt;
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Reference 2: http://www.xbrl.org/2003/role/presentationRef

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

 -Publisher FASB

 -Name Accounting Standards Codification

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

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Reference 5: http://www.xbrl.org/2003/role/presentationRef

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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