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Loyola Bank classifies its assets and liabilities and the period (maturity bucke

ID: 2786773 • Letter: L

Question

Loyola Bank classifies its assets and liabilities and the period (maturity buckets) within which they are subject to repricing as on March 31, 2015 as follows:

What is the cumulative gap of the bank for interest-sensitive assets and interest-sensitive liabilities of maturity buckets up to 180 days as on March 31, 2015?

HERE IS MY SOLUTION:

  GAP                Cumulative gap          

One week                    5                                  5

8 to 25 days                 5                                  10

25 to 40 days             -15                                 -5

40 to 60 days            -10                                 -15

60 to 90 days              10                                 -5

90 to 180 days            20                                 15       

When I check the answer is -65 million. Please show steps. thank you

Explanation / Answer

You might be having a table like this :-

These are the steps . As you havent provided me with the Assets and Liab , i cannot give you the numerical solution.

Kindly verify this carefully with your problem.

Please hit the like button if the answer helped you else leave a comment for further clarification. Thank you! All the best!

Maturity Bucket Int sensitive asset Int sens Liab SIZE OF GAP Cumulative gap One week A B C= A - B =C1+C2.... ...