content_image/255413.jpg content_image/255414.jpg content_image/255417.jpg content_image/255420.jpg content_image/255419.jpg
## Unrealized loss by credit quality 

The table below shows the composition by credit quality of debt securities, available-for-sale, in an unrealized loss position held by Aegon Americas, Aegon the Netherlands and Aegon UK. 

<img src='content_image/255413.jpg'>

The table below provides the length of time a security has been below cost and the respective unrealized loss. 

<img src='content_image/255414.jpg'>

## At December 31, 2012 

<img src='content_image/255417.jpg'>

The majority of the unrealized losses relate to investment grade holdings resulting from the increase in interest rates during the second half of 2013. 

<img src='content_image/255420.jpg'>

<img src='content_image/255419.jpg'>

