goldman sachs Borrowings

Goldman Sachs issues various short and long-term securities to finance its businesses, including $168 billion in unsecured borrowings in the fourth quarter of 2008. Over half were current long-term debt, while the largest individual categories were global bonds at 32% and hybrid financial instruments at 23%. The firm's unsecured long-term borrowings mature through 2014, with over $11 billion maturing in the first quarter of 2010.