Bank of America Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Trading Account Assets and Liabilities (Tables)

Trading Account Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2011

Investments, Debt and Equity Securities [Abstract]

Trading Securities (and Certain Trading Assets) [Table Text Block]

The table below presents the components of trading account assets and liabilities at December 31, 2011 and 2010.




	December 31
(Dollars in millions)	2011		2010
Trading account assets
U.S. government and agency securities ⁽¹⁾	$	52,613	$	60,811
Corporate securities, trading loans and other	36,571		49,352
Equity securities	23,674		32,129
Non-U.S. sovereign debt	42,946		33,523
Mortgage trading loans and asset-backed securities	13,515		18,856
Total trading account assets	$	169,319	$	194,671
Trading account liabilities
U.S. government and agency securities	$	20,710	$	29,340
Equity securities	14,594		15,482
Non-U.S. sovereign debt	17,440		15,813
Corporate securities and other	7,764		11,350
Total trading account liabilities	$	60,508	$	71,985


⁽¹⁾	Includes $27.3 billion and $29.7 billion of government-sponsored enterprise obligations at December 31, 2011 and 2010.

- Definition

Tabular disclosure of trading securities (and certain trading assets) which consist of all investments in certain debt and equity securities (and other assets) that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for which an entity has elected the fair value option. Trading generally reflects active and frequent buying and selling, and trading securities are generally used with the objective of generating profits on short-term differences in price, but this category of investments may also include items which are not intended to be sold in the near term or for which the fair value option has been elected.

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