Manus Costello's questions to HSBC HOLDINGS (HSBC) leadership • Q3 2023
Question
Requested details on the size and duration of the bank's structural hedge to better model NII retention in future years.
Answer
More detailed disclosures on the structural hedge, including duration and yield, will be provided at the full-year results. The executive highlighted that the hedge has already significantly reduced NII sensitivity to rate changes and that they intend to continue hedging appropriately.