CITIC Limited Half-Year Report 2020

111 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 29 Financial risk management and fair values (continued) (c) Interest rate risk (continued) (ii) Effective interest rate 30 June 2020 31 December 2019 Effective interest rate HK$ million Effective interest rate HK$ million Assets Cash and deposits 1.48%-2.52% 676,484 1.55%-2.00% 740,434 Placements with banks and non-bank financial institutions 2.05% 240,636 2.82% 226,686 Financial assets held under resale agreements 1.48% 41,913 2.13% 11,117 Loans and advances to customers and other parties 5.02% 4,491,615 5.08% 4,366,639 Investments in financial assets 3.53%-4.00% 2,241,461 3.66%-4.39% 2,153,729 Others – 785,143 – 791,319 8,477,252 8,289,924 Liabilities Borrowing from central banks 3.34% 138,191 3.34% 268,256 Deposits from banks and non-bank financial institutions 2.54% 1,089,543 2.79% 1,061,380 Placements from banks and non-bank financial institutions 2.37% 82,370 2.84% 107,400 Financial assets sold under repurchase agreements 2.14% 118,064 2.39% 127,766 Deposits from customers 2.17% 4,892,771 2.08% 4,541,841 Bank and other loans 1.10%-8.00% 152,353 1.10%-8.00% 151,312 Debt instruments issued 1.30%-6.90% 805,806 2.59%-6.95% 823,964 Lease liabilities 3.10%-6.00% 16,524 3.10%-6.00% 17,435 Others – 287,074 – 296,079 7,582,696 7,395,433