THE 700-850 BILLION DOLLAR

BAILOUT BULLSHIT DEFINED!!

IT IS A SHELL GAME!!

Credit Default Swaps....a kind of off the books insurance they all can write
on each other and then swap as necessary to fool the customer into
believing there is any money (ball) in (under) any account (shell).....quite
a confidence game.....I have noticed a lack of accounting of the 700-850
billion dollars on the US Treasury Account Balance Sheet.....maybe
Paulson is playing the shell game with our money now!!
It would appear so!!
CHECK THIS OUT!!
The Bailout Plan Passed 3Oct08 and was signed by Bush 43 minutes later...SO IT
WAS LAW BEFORE CLOSE OF BUSINESS ON FRIDAY!!
ONE DAYS INTEREST ON 700 BILLION DOLLARS AT 4% PER YEAR (Which is a
rather poor investment performance number so very conservative) IS $76,712,328.78
IN ONE FREAKIN DAY!! SO WHY IS THIS NOT LOGGED ONTO THE US
TREASURY STATEMENT OF 3OCT08?? THAT MAKES FRIDAY, SATURDAY,
AND SUNDAY A TOTAL LOSS!! THAT IS 230 MILLION DOLLARS IN INTEREST
ON OUR HARD EARNED MONEY UNACCOUNTED FOR...AND THAT IS
ASSUMING THEY INTEND TO EVEN PUT THE $700 BILLION ON THE BOOKS
AT ALL EVER!!
ALSO NOTICE THE SHARP INCREASE IN THE SHORT POSITION FROM THE
29AUG STATEMENT TO THIS 3OCT STATEMENT!! A CHANGE FROM 62
BILLION TO 215 BILLION IN SHORT POSITION!! A 153 BILLION DOLLAR
INCREASE.....THAT IS A CHANGE OF TWICE THE ENTIRE US RESERVE
ASSETS AS ANNOTATED AT THE TOP OF THE SPREAD SHEET AT
APPROXIMATELY $72 BILLION!!

THE FULL UGLY STORY FOLLOWS!!

THE HIGHLIGHTED AREAS IN THE FIRST TWO US TREASURY RESERVE

POSITION (OUR NATIONAL SAVINGS ACCOUNT ASSETS) SPREADSHEETS
INDICATE TWO VERY TROUBLING ACCOUNTING ISSUES!! THERE ARE
MANY MORE BUT THESE TWO ARE PARTICULARLY IMPORTANT RIGHT
NOW!!

1. THE 700 BILLION DOLLAR BAILOUT BILL WAS APPROVED AND

SIGNED BY THE PRESIDENT BEFORE CLOSE OF BUSINESS ON
3OCT08! THIS 3OCT SPREADSHEET POSTED 7OCT SHOWS NO
RECORD OF THESE FUNDS WHICH SHOULD HAVE ACCRUED
INTEREST AT 77 MILLION DOLLARS PER DAY AT 4% PER ANNUM
2. THE SHORT POSITION CHANGED BY 150 BILLION DOLLARS OVER
THE 30 DAYS OF SEPTEMBER AS IS THAN TWICE THE TOTAL US
TREASURY ASSETS TABULATED ON THE SPREADSHEET, HOWEVER
DOES NOT EVEN DESERVE AN ANNOTATION TO HIGHLIGHT ITS
LARGE DEVIATION FROM ANY NORMALCY!!
October 7, 2008
2008-10-7-16-52-11-17651

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $71,245 million as of the end of that week, compared to $72,988 million
as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

October 3, 2008
1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 71,245
(a) Securities 9,147 11,895 21,042
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 11,796 6,228 18,024
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,684
2
(3) SDRs 9,286
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 7,168
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 7,168
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -267,191 -267,191
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)
September 2, 2008
2008-9-2-17-2-6-11737

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $72,510 million as of the end of that week, compared to $72, 619
million as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

August 29, 2008

1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 72,510
(a) Securities 9,549 11,821 21,370
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 13,615 5,807 19,422
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,774
2
(3) SDRs 9,465
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 6,438
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 6,438
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -62,000 -62,000
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)
September 24, 2008
2008-9-24-14-51-45-15270

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $71,878 million as of the end of that week, compared to $72, 510
million as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

September 5, 2008
1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 71,878
(a) Securities 9,342 12,010 21,352
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 13,037 5,902 18,939
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,703
2
(3) SDRs 9,353
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 6,491
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 6,491
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -62,000 -62,000
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)
September 24, 2008
2008-9-24-14-57-46-15331

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $71,535 million as of the end of that week, compared to $71,878 million
as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

September 12, 2008

1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 71,535
(a) Securities 9,264 11,946 21,210
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 12,734 5,872 18,606
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,686
2
(3) SDRs 9,320
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 6,672
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 6,672
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other
II. Predetermined short-term net drains on foreign currency assets (nominal value)

Maturity breakdown (residual maturity)

More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -62,000 -62,000
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)
September 24, 2008
2008-9-24-15-5-35-15426

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $72,087 million as of the end of that week, compared to $71,535 million
as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

September 19, 2008

1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 72,087
(a) Securities 9,389 11,978 21,367
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 12,710 5,892 18,602
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,709
2
(3) SDRs 9,366
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 7,002
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 7,002
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -132,800 -132,800
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)
October 1, 2008
2008-10-1-13-6-6-21696

U.S. International Reserve Position

The Treasury Department today released U.S. reserve assets data for the latest week. As indicated in this
table, U.S. reserve assets totaled $72,988 million as of the end of that week, compared to $72,087 million
as of the end of the prior week.

I. Official reserve assets and other foreign currency assets (approximate market value, in US millions)

September 26, 2008

1
A. Official reserve assets (in US millions unless otherwise specified) Euro Yen Total
(1) Foreign currency reserves (in convertible foreign currencies) 72,988
(a) Securities 9,590 11,851 21,441
of which: issuer headquartered in reporting country but located abroad 0
(b) total currency and deposits with:
(i) other national central banks, BIS and IMF 12,680 6,210 18,890
ii) banks headquartered in the reporting country 0
of which: located abroad 0
(iii) banks headquartered outside the reporting country 0
of which: located in the reporting country 0
2
(2) IMF reserve position 4,776
2
(3) SDRs 9,500
3
(4) gold (including gold deposits and, if appropriate, gold swapped) 11,041
--volume in millions of fine troy ounces 261.499
(5) other reserve assets (specify) 7,340
--financial derivatives
--loans to nonbank nonresidents
--other (foreign currency assets invested through reverse repurchase agreements) 7,340
B. Other foreign currency assets (specify)
--securities not included in official reserve assets
--deposits not included in official reserve assets
--loans not included in official reserve assets
--financial derivatives not included in official reserve assets
--gold not included in official reserve assets
--other
II. Predetermined short-term net drains on foreign currency assets (nominal value)

Maturity breakdown (residual maturity)

More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Foreign currency loans, securities, and deposits
--outflows (-) Principal
Interest
--inflows (+) Principal
Interest
2. Aggregate short and long positions in forwards and
futures in foreign currencies vis-à-vis the domestic
currency (including the forward leg of currency swaps)
4
(a) Short positions ( - ) -215,522 -215,522
(b) Long positions (+)
3. Other (specify)
--outflows related to repos (-)
--inflows related to reverse repos (+)
--trade credit (-)
--trade credit (+)
--other accounts payable (-)
--other accounts receivable (+)

III. Contingent short-term net drains on foreign currency assets (nominal value)
 Maturity breakdown (residual maturity, where
applicable)
More than 1 More than 3
Total Up to 1 month and up to 3 months and up
months to 1 year
1. Contingent liabilities in foreign currency
(a) Collateral guarantees on debt falling due within 1 year
(b) Other contingent liabilities
2. Foreign currency securities issued with embedded
options (puttable bonds)
3. Undrawn, unconditional credit lines provided by:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (+)
--BIS (+)
--IMF (+)
(b) with banks and other financial institutions
headquartered in the reporting country (+)
(c) with banks and other financial institutions
headquartered outside the reporting country (+)
Undrawn, unconditional credit lines provided to:
(a) other national monetary authorities, BIS, IMF, and
other international organizations
--other national monetary authorities (-)
--BIS (-)
--IMF (-)
(b) banks and other financial institutions headquartered in
reporting country (- )
(c) banks and other financial institutions headquartered
outside the reporting country ( - )
4. Aggregate short and long positions of options in foreign
currencies vis-à-vis the domestic currency
(a) Short positions
(i) Bought puts
(ii) Written calls
(b) Long positions
(i) Bought calls
(ii) Written puts
PRO MEMORIA: In-the-money options 11
(1) At current exchange rate
(a) Short position
(b) Long position
(2) + 5 % (depreciation of 5%)
(a) Short position
(b) Long position
(3) - 5 % (appreciation of 5%)