BPCE_REGISTRATION_DOCUMENT_2017
5 FINANCIAL REPORT
BPCE parent company financial statements
4.2
COMMITMENTS ON FUTURES AND OPTIONS CONTRACTS
4.2.1
Financial instruments and foreign exchange futures
31/12/2017
31/12/2016
Hedging transactions
Other transactions
Hedging transactions
Other transactions
Total
Fair value
Total
Fair value
in millions of euros
Forwardtransactions Interestrate contracts Foreign currencycontracts
0 0 0
0 0 0
0 0 0
Other contracts
Transactionson organizedmarkets
0
0
0
0
0
0
0
0
Forwardrate agreements(FRA)
0
Interestrate swaps
101,639 1,158 102,797 2,225 96,193 1,231 97,424 3,058
Foreign exchange swaps
14,715 18,020
14,715 18,020
(23)
17,324 17,045
17,324 17,045
(56) 590
Currency swaps
(317)
Other foreigncurrencycontracts Other forwardand futurescontracts Over-the-counter transactions TOTALFORWARDTRANSACTIONS
243
243
6
193
193
(5)
207 4,351 4,558
17
238 4,383 4,621
(2)
134,824 5,509 140,333 1,908 130,993 5,614 136,607 3,585 134,824 5,509 140,333 1,908 130,993 5,614 136,607 3,585
Options Interestrate options
0 0 0
0 0 0
0 0
Foreign currencyoptions
0
0
Other options
Transactionson organizedmarkets
0
0
0
0
0
0
0
0
Interestrate options
325
325
(3)
352
352
(5)
Foreign currencyoptions
0
0
0
Other options
20,228 20,228
(568) (571) (571)
20,228 20,228
(568)
Over-the-counter transactions
325 20,228 20,553 325 20,228 20,553
352 20,228 20,580 352 20,228 20,580
(573) (573)
TOTALOPTIONS
TOTALFINANCIALAND FOREIGN CURRENCYFUTURES
135,149 25,737 160,886 1,337 131,345 25,842 157,187 3,012
The notional amounts of contracts listed in this table are solely intended to provide an indication of the volume of BPCE’s activities involving financial instrumentsat the balance sheet date and do not reflect the marketrisk associated with these instruments.
Commitments on interest rate derivatives traded over the counter mainly consisted of interest rate swaps for futures and interest rate guarantees for options. Commitments on foreign exchange instruments traded over the counter mainlyconsisted of currency swaps.
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Registration document 2017
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