253 Included in debentures and other loans is EUR 1,017 million (2012: EUR 1,050 million) relating to borrowings measured at fair value.  For the year 2013, Aegon’s credit spread had a negative impact of EUR 44 million on income before tax (2012: negative impact  of EUR 48 million) and a negative impact of EUR 30 million on shareholders’ equity (2012: negative impact of EUR 34 million). The cumulative negative impact of Aegon’s credit spread, based on observable market data, on income before tax amounted to  EUR 20 million (2012: EUR 24 million positive impact).  Debentures and other loans A detailed composition of the debentures and other loans is included in the following table: (sorted at maturity) Coupon rate Coupon date Issue / Maturity 2013 2012 USD 750 million Senior Notes  13) 4.75% Semi-annually 2003 / 13 - 569 EUR 2,068 mln "SAECURE 6" RMBS note  2), 3) Floating Quarterly 2006 / 13 - 1,229 Revolving Loan Facility Warehouse Mortgage Loans  2) Floating Monthly - / 2014-16 510 249 EUR 500 million Medium-Term Notes  12), 15) 4.125% December 8 2004 / 14 517 532 USD 500 million Senior Unsecured Notes  15) 4.625% Semi-annually 2009 / 15 362 378 EUR 1,018 million “SAECURE 7” RMBS Note  2), 4) Floating Quarterly 2010 / 15 825 914 GBP 35 million Note issue agreement  2), 5), 6) Floating Quarterly 2010 / 15 15 25 EUR 212 / USD 600 "SAECURE 11" RMBS Note  2), 7) Floating Quarterly 2012 / 15 600 649 EUR 1,500 million ECB LTRO  2) Floating At Maturity 2012 / 15 1,500 1,500 EUR 1,500 million “SAECURE 10” RMBS Note  2), 8) Floating Quarterly 2011 / 16 1,269 1,378 EUR 842 million “SAECURE 9” RMBS Note  2), 9) Floating Quarterly 2010 / 16 670 735 EUR 1,365 million "SAECURE 12" RMBS Note  2), 10) Floating Quarterly 2012 / 17 1,297 1,365 EUR 500 million Unsecured Notes  15) 3% July 18 2012 / 17 498 498 EUR 750 million 'SAECURE 13' RMBS Note  2), 11) Floating Quarterly 2013 / 18 738 - EUR 75 million Medium-Term Notes  1), 12), 15) 4.625% December 9 2004 / 19 85 82 USD 500 million Senior Notes  1), 12), 15) 5.75% Semi-annually 2005 / 20 416 436 USD 305 million Note issue agreement  2) 5.54% / 8.88% Quarterly 2002 / 22 58 78 GBP 250 million Note issue agreement  2), 5), 6) Floating April 21 2008 / 23 17 92 USD 292 million Senior Secured Note 2) Floating Quarterly 2012 / 23 207 216 GBP 250 million Medium-Term Notes  15) 6.125% December 15 1999 / 31 298 305 USD 1.54 billion Variable Funding Surplus Note  5), 13) Floating Quarterly 2006 / 36 1,089 1,091 USD 550 million Floating Rate Guaranteed Note  5), 14) Floating Quarterly 2007 / 37 345 360 GBP 400 million Senior Unsecured Notes  15) 6.625% Semi-annually 2009 / 39 474 486 Other 40 52 At December 31 11,830 13,219 1  Issued by subsidiaries of, and guaranteed by Aegon N.V.  2  Issued by a subsidiary of Aegon N.V. 5  Outstanding amounts can vary up to the maximum stated nominal amount. 6  Private Value-in-Force (ViF) securitization by Aegon UK to monetize a portion of future profits associated with an existing book of unit-linked business. $^{12 }$Measured at fair value. $^{14 }$This debenture is issued by a wholly owned captive that is consolidated in the Aegon N.V. consolidated financial statements. $^{15 }$These loans are considered senior debt in calculating financial leverage in the capital and solvency note as disclosed in note 49. 3  The first optional redemption date was August 2013; the legal maturity date was August 2098. Notes were fully collateralized by mortgage loans which are part  of Aegon’s general account investments. 4  The first optional redemption date is August 2015; the legal maturity date is August 2093. Notes are fully collateralized by mortgage loans which are part of  Aegon’s general account investments. 7  The first optional redemption date is July 2015; the legal maturity date is July 2092. Notes are fully collateralized by mortgage loans which are part of Aegon’s  general account investments. 8  The first optional redemption date is February 2016; the legal maturity date is February 2094. Notes are fully collateralized by mortgage loans which are part of  Aegon’s general account investments. 9  The first optional redemption date is March 2016; the legal maturity date is September 2092. Notes are fully collateralized by mortgage loans which are part of  Aegon’s general account investments. $^{10 }$The first optional redemption date is October 2017; the legal maturity date is July 2092. Notes are fully collateralized by mortgage loans which are part of  Aegon’s general account investments. $^{11 }$The first optional redemption date is February 2018; the legal maturity date is November 2093. Notes are fully collateralized by mortgage loans which are part of  Aegon’s general account investments. $^{13 }$This debenture is issued by a wholly owned captive that is consolidated in the Aegon N.V. consolidated financial statements. A guarantee has been provided by  Aegon N.V. - refer to note 51 (commitments and contingencies).