10 Creditors: amounts falling due after more than one year.

(XLS:) Notes to the Company Financial Statements – creditors: amounts falling due after more than one year

 

Note

2012
£m

2011
£m

Subordinated borrowings

12

1,907

1,934

Amounts owed to Group undertakings

 

622

621

 

 

2,529

2,555

Amounts owed to Group undertakings falling due after more than one year are unsecured and include £601m (2011: £601m) of interest bearing balances with current interest rates between 5.71% and 6.12% (2011: 5.71% and 6.12%).