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Trust pass-through securities
 12 Months Ended
Dec. 31, 2021
Text block [abstract]  
Trust pass-through securities
33 Trust pass-through securities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
      Coupon rate      Coupon date      Issue /
Maturity		      Year of
next call		     
            2021
                 2020  
USD 225 million
1)
     7.65%       
Semi-annually, December 1
        1996/2026        n.a.        82         85  
USD 190 million
1)
 
     
 
 7.625%
 
  
 
     
 
Semi-annually, November 15
 
  
 
     
 
 1997/2037
 
  
 
     
 
 n.a.
 
  
 
     
 
 43
 
  
 
    
 
 40
 
  
 
             
At December 31
 
   
 
 
 
   
 
 
 
   
 
 
 
   
 
 
 
   
 
 
126
 
 
 
  
 
 
126
 
 
 
     
Fair value of trust pass-through securities
 
 
     
 
 139
 
  
 
    
 
 142
 
  
 
 
1
 
Issued by a subsidiary of, and guaranteed by Aegon N.V.
Trust pass-through securities are securities through which the holder participates in a trust. The assets of these trusts consist of junior subordinated deferrable interest debentures issued by Transamerica Corporation. The trust pass-through securities carry provisions with regard to deferral of distributions for extension periods up to a maximum of 10 consecutive semi-annual periods. The trust pass-through securities are subordinated to all other unsubordinated borrowings and liabilities of Transamerica Corporation.
There were no defaults or breaches of conditions during the period.