✨ Financial Statements Notes




10 AUGUST 2010 NEW ZEALAND GAZETTE, No. 98 2587

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2010 (Continued)

The Trust is also party through its Managed Funds, to financial instruments with off Balance Sheet risk to reduce exposure to fluctuations in foreign currency interest rates. Future contracts are entered into to hedge foreign currency fixed interest transactions.

Interest Rate Risk
The following investments of the Trust are sensitive to changes in interest rate: Bank Call Accounts and Term Deposits, and various Managed Fund investments.



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 98





✨ LLM interpretation of page content

🏒 Notes to the Financial Statements for The Community Trust of Mid & South Canterbury Inc. (continued from previous page)

🏒 State Enterprises & Insurance
Financial Statements, Interest Rate Risk, Financial Instruments, Foreign Currency, Managed Funds