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You are a manager at OakReach Bank in charge of interest rate risk. Your team has computed the 1-year repricing GAP to be -600 million

You are a manager at OakReach Bank in charge of interest rate risk. Your team has computed the 1-year repricing GAP to be -600 million AUD (negative GAP). For the purpose of this situation we are not taking into account other GAP timeframes.

Describe in one sentence what OakReach Banks GAP tells you about your banks rate-sensitive assets relative to its rate-sensitive liabilities.

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