The balance sheet of Key Bank (KB) has the following items (all amounts are in SMM). On the Assets side, it reports: 1-year Consumer Loans $140, 30-year Consumer Loans-$125, 6-month T-notes-$265, 3-year T-bonds=$180, and 30-year Floating-rate Mortgages (adjusted every year)=$120. On the Liabilities and Equity side, it reports: Passbook Savings $120, 3-month CDs-$280, 6-month CDs=$140, 1-year Time Deposits-$110, 5-year Time Deposits=$80, and Equity Capital $100. What is KB's cumulative 6-month repricing gap?
The balance sheet of Key Bank (KB) has the following items (all amounts are in SMM). On the Assets side, it reports: 1-year Consumer Loans $140, 30-year Consumer Loans-$125, 6-month T-notes-$265, 3-year T-bonds=$180, and 30-year Floating-rate Mortgages (adjusted every year)=$120. On the Liabilities and Equity side, it reports: Passbook Savings $120, 3-month CDs-$280, 6-month CDs=$140, 1-year Time Deposits-$110, 5-year Time Deposits=$80, and Equity Capital $100. What is KB's cumulative 6-month repricing gap?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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