What interest rate exposure a financial institution would have if (i) it has a negative repricing gap and (ii) it has a positive repricing gap?

 

Assets ($ million) Cash T-notes 2 months (7.05%) T-notes 3 months (7.25%) T-notes two-year (7.50%) T-notes 10-year (8.96%) Corporate bonds (>5 years to maturity) Total assets $ +A 30 60 80 60 100 25 355 Liabilities ($ million) Overnight interbank borrowing (7.00%) 2-year CD (5%) 7-year fixed rate Subordinated debt (8.55%) Equity Total liabilities and Equity $ +A 160 20 150 25 355