10 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR.


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Note

2011
£m

2010
£m

Subordinated borrowings

12

1,934

1,909

Amounts owed to Group undertakings

 

621

616

 

 

2,555

2,525

Amounts owed to Group undertakings falling due after more than one year are unsecured and include £601m (2010: £601m) of interest bearing balances with current interest rates between 5.71% and 6.12% (2010: 5.71% and 6.12%).

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