C » Topics » Key assumptions at December 31, 2005

This excerpt taken from the C 10-K filed Feb 24, 2006.

Key assumptions at December 31, 2005

 
  Discount
Rate

  Constant
Prepayment
Rate

  Anticipated
Net Credit
Losses

Mortgages and other(1)   0.4% to 26.0%   8.5% to 43.0%   0.0% to 40.0%
   
 
 
Credit cards   12.0% to 17.3%   8.5% to 20.0%   5.1% to 6.0%
   
 
 

(1)
Other includes corporate debt securities, student loans and other assets.

 
  December 31, 2005
 
 
  Credit Cards
  Mortgages and Other
 
 
  In millions of dollars

 
Carrying value of retained interests   $ 7,275   $ 8,501  
   
 
 
Discount rate              
  10%   $ (111 ) $ (124 )
  20%     (179 )   (243 )
   
 
 
Constant prepayment rate              
  10%   $ (160 ) $ (281 )
  20%     (301 )   (531 )
   
 
 
Anticipated net credit losses              
  10%   $ (422 ) $ (7 )
  20%     (841 )   (14 )
   
 
 
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