5 Financial liabilities

In CHF million	Carrying amount 1.01.2022	Issuance	Repayment	Other changes¹	Carrying amount 31.03.2022	Fair Value
In CHF million	Carrying amount 1.01.2022	Issuance	Repayment	Other changes¹	Carrying amount 31.03.2022	Fair Value
In CHF millionFinancial liabilities
In CHF millionBank loans	Carrying amount 1.01.2022488	Issuance2	Repayment(2)	Other changes¹(4)	Carrying amount 31.03.2022484	Fair Value507
In CHF millionDebenture bonds	Carrying amount 1.01.20225,564	Issuance–	Repayment–	Other changes¹(39)	Carrying amount 31.03.20225,525	Fair Value5,394
In CHF millionPrivate placements	Carrying amount 1.01.2022151	Issuance–	Repayment–	Other changes¹(1)	Carrying amount 31.03.2022150	Fair Value151
In CHF millionDerivative financial instruments	Carrying amount 1.01.202264	Issuance–	Repayment–	Other changes¹(5)	Carrying amount 31.03.202259	Fair Value59
In CHF millionOther financial liabilities	Carrying amount 1.01.2022178	Issuance–	Repayment(30)	Other changes¹12	Carrying amount 31.03.2022160	Fair Value164
In CHF millionTotal financial liabilities	Carrying amount 1.01.20226,445	Issuance2	Repayment(32)	Other changes¹(37)	Carrying amount 31.03.20226,378	Fair Value6,275
In CHF million ¹ Interest expense, interest payments, non-cash changes and foreign currency translation adjustments.

Swisscom has two confirmed credit lines amounting to CHF 2,200 million in total and maturing in 2026. As of 31 March 2022, none of these lines of credit had been drawn down, as in the prior year.