13. Assets pledged

At December 31, 2020, the securities in the amount of CHF 3 954.7 mn (2019: CHF 3 523.7 mn) are a collateral for a credit line of CHF 700 mn (2019: CHF 700 mn). At December 31, 2020, a CHF 63 mn short-term loan is outstanding (2019: CHF 150 mn).