Investment securities (Tables)

6 Months Ended

Apr. 30, 2022

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Disclosure of Carrying Value Of Banks Investment Securities Per Measurement Category

The following table presents the carrying amounts of the Bank’s investment securities per measurement category.

	As at
($ millions)	April 30 2022		January 31 2022		October 31 2021
Debt investment securities measured at FVOCI	$	78,343	$	59,249	$	52,611
Debt investment securities measured at amortized cost		16,699		17,576		18,157
Equity investment securities designated at FVOCI		3,797		3,542		3,178
Equity investment securities measured at FVTPL		1,576		1,301		1,223
Debt investment securities measured at FVTPL		72		31		30
Total investment securities	$	100,487	$	81,699	$	75,199

Disclosure of Unrealized Gains and Losses on Fair Value through Other Comprehensive Income Securities

As at April 30, 2022 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Canadian federal government issued or guaranteed debt	$	9,913	$	3	$	205	$	9,711
Canadian provincial and municipal debt		5,494		2		295		5,201
U.S. treasury and other U.S. agency debt		36,576		17		1,059		35,534
Other foreign government debt		27,329		31		911		26,449
Other debt		1,477		1		30		1,448
Total	$	80,789	$	54	$	2,500	$	78,343
As at January 31, 2022 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Canadian federal government issued or guaranteed debt	$	8,355	$	93	$	44	$	8,404
Canadian provincial and municipal debt		5,428		7		92		5,343
U.S. treasury and other U.S. agency debt		16,264		115		216		16,163
Other foreign government debt		28,667		48		565		28,150
Other debt		1,189		5		5		1,189
Total	$	59,903	$	268	$	922	$	59,249
As at October 31, 2021 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Canadian federal government issued or guaranteed debt	$	5,694	$	135	$	25	$	5,804
Canadian provincial and municipal debt		5,202		12		59		5,155
U.S. treasury and other U.S. agency debt		13,528		188		79		13,637
Other foreign government debt		27,126		60		515		26,671
Other debt		1,339		9		4		1,344
Total	$	52,889	$	404	$	682	$	52,611

Summary of Analysis of Fair Value and Carrying Value of Investment Securities Measured at Amortized Cost

	As at
	April 30, 2022				January 31, 2022				October 31, 2021
($ millions)	Fair value		Carrying value		Fair value		Carrying value		Fair value		Carrying value
Canadian federal and provincial government issued or guaranteed debt	$	10,437	$	10,713	$	11,674	$	11,770	$	12,310	$	12,372
U.S. treasury and other U.S. agency debt		4,536		4,863		4,651		4,694		4,712		4,687
Other foreign government debt		1,013		1,013		996		986		970		960
Corporate debt		121		110		132		126		141		138
Total	$	16,107	$	16,699	$	17,453	$	17,576	$	18,133	$	18,157

Summary of Equity Investment Securities Designated as at Fair Value Through Other Comprehensive Income

As at April 30, 2022 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Preferred equity instruments	$	–	$	–	$	–	$	–
Common shares		3,209		676		88		3,797
Total	$	3,209	$	676	$	88	$	3,797
As at January 31, 2022 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Preferred equity instruments	$	36	$	5	$	5	$	36
Common shares		2,909		653		56		3,506
Total	$	2,945	$	658	$	61	$	3,542
As at October 31, 2021 ($ millions)	Cost		Gross unrealized gains		Gross unrealized losses		Fair value
Preferred equity instruments	$	27	$	4	$	3	$	28
Common shares		2,710		528		88		3,150
Total	$	2,737	$	532	$	91	$	3,178