duration of assets

duartion of liabilities

DGAP

1. A financial institution has the following balance sheet as of year-end 2019. Current interest rates are 1.50%. US$s FYE Assets Duration Liabilities and Equity 2019 FYE 2019 Duration Cash $100 Deposits $3,000 1 T-bills $100 0.5 Federal funds $500 0.25 Treasury notes $1,000 1 Other borrowings $1,000 5 Treasury bonds $1,500 2 Total liabilities $4,500 Loans $2,300 3 Equity $500 Total assets $5,000 Total liabilities and equity $5,000 What is the duration of assets (DA)