35. Debt securities in issue

 31.12.201431.12.2013
Debt securities in issue    
Financial instruments measured at amortised cost 13,182,348 10,255,937
  bonds issued by PKO Finance AB 12,032,368 9,129,100
  bonds issued by PKO Bank Polski SA 747,825 692,614
  bonds issued by PKO Leasing SA 402,155 434,223
Financial instruments measured at fair value through profit and loss - bank securities issued by PKO Bank Polski SA 118,262 290,509
Total  13,300,610 10,546,446

 31.12.201431.12.2013
Debt securities in issue by maturity:    
up to 1 month 557,314 59,874
from 1 month to 3 months 635,363 492,291
from 3 months to 1 year 5,313,454 831,798
from 1 year to 5 years 3,085,517 5,954,784
over 5 years 3,708,962 3,207,699
Total 13,300,610 10,546,446

In 2014 the Parent Company issued bank securities and bank bonds at nominal value of PLN 1 500 000 thousand classified respectively as liabilities designated to be measured at fair value through profit and loss, in accordance with IAS 39.11A.a and measured at amortised cost. In 2014 bank securities and bank bonds at nominal value of PLN 1 612 922 thousand were redeemed.

Change in fair value in respect of credit risk concerning issued bank securities (the DVA) amounts to PLN 649 thousand as at 31 December 2014 (PLN 1 479 thousand as at 31 December 2013).

In 2014 PKO Leasing SA issued bonds at a nominal value of PLN 2 220 000 thousand and redeemed bonds at nominal value of
PLN 2 105 000 thousand. As at 31 December 2014, the Company’s debt in respect of the bonds issued amounted to PLN 590 000 thousand (at nominal value) of which the debt due to the Bank amounted to PLN 185 950 thousand (at nominal value).

Bonds issued by PKO Finance AB:

Issuance dateNominal valueCurrencyMaturity dateCarrying amount as at 31.12.2014Carrying amount as at 31.12.2013
21.10.2010* 800,000 EUR 21.10.2015 3 427,536 3,337,380
07.07.2011 250,000 CHF 07.07.2016 901,443 853,657
25.07.2012 50,000 EUR 25.07.2022 213,768 206,677
21.09.2012 500,000 CHF 21.12.2015 1,772,805 1,690,110
26.09.2012 1,000,000 USD 26.09.2022 3,540,943 3,041,276
23.01.2014 500,000 EUR 23.01.2019 2 175,873 -
Total       12 032,368 9,129,100

*Elimination of bonds held in the Brokerage House of PKO Bank Polski SA portfolio was taken into consideration.