9. Assets pledged

At March 31, 2021 the securities in the amount of CHF 4 278.8 mn (December 31, 2020: CHF 3 954.7 mn) are a collateral for a credit line of CHF 700 mn (December 31, 2020: CHF 700 mn). At March 31, 2021, a CHF 350 mn short-term loan is outstanding (December 31, 2020: CHF 63 mn).