How should an instrument that has exposure to two or more market risks be presented in the tables?
Answer An instrument that is exposed to more than one market risk category should be presented in the tabular information for each of the risk categories. For example, a foreign denominated bond is exposed to both interest rate and foreign currency risk. The only exception to this requirement is a currency swap that offsets all foreign currency risk in the cash flows of a foreign currency denominated debt instrument. In that case, neither instrument must be disclosed in the foreign currency risk exposure category. The interest rate risk disclosure must include both instruments.
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