7. Financial Assets Held-for-Trading:
The details of financial instruments classified as held-for-trading are as follows:
|
|
|
2016 |
|
2017 |
|
|
|
|
MCh$ |
|
MCh$ |
|
|
Instruments issued by the Chilean Government and Central Bank: |
|
|
|
|
|
|
Central Bank bonds |
|
30,546 |
|
400,368 |
|
|
Central Bank promissory notes |
|
393,019 |
|
662,190 |
|
|
Other instruments issued by the Chilean Government and Central Bank |
|
58,781 |
|
254,606 |
|
|
|
|
|
|
|
|
|
Other instruments issued in Chile |
|
|
|
|
|
|
Mortgage bonds from domestic banks |
|
— |
|
— |
|
|
Bonds from domestic banks |
|
21 |
|
2,070 |
|
|
Deposits in domestic banks |
|
896,534 |
|
218,307 |
|
|
Bonds issued by Chilean companies |
|
— |
|
— |
|
|
Other instruments issued in Chile |
|
672 |
|
715 |
|
|
|
|
|
|
|
|
|
Instruments issued by foreign institutions |
|
|
|
|
|
|
Other instruments issued abroad |
|
385 |
|
322 |
|
|
|
|
|
|
|
|
|
Total |
|
1,379,958 |
|
1,538,578 |
|
|
|
|
|
|
|
|
In “Instruments issued by the Chilean Government and Central Bank of Chile” are classified instruments sold under agreements to repurchase to customers and financial instruments, by an amount of Ch$5,096 million as of December 31, 2017 (Ch$21,789 million as of December 31, 2016). Repurchase agreements had a 7 days average expiration period in 2017 (4 days average expiration period in 2016). Moreover, under this same item, other financial instruments are maintained as collateral guaranteeing the derivative transactions executed through Comder Contraparte Central S.A. for an amount of Ch$34,585 million as of December 31, 2017 (Ch$9,945 million as of December 31, 2016).
“Other instruments issued in Chile” include instruments sold under repurchase agreements with customers and financial instruments amounting to Ch$158,731 million as of December 31, 2017 (Ch$159,803 million as of December 31, 2016). Agreements to repurchase have an average expiration of 7 days as of period-end (10 days in December 2016).
Additionally, the Bank holds financial investments in mortgage finance bonds issued by itself in the amount of Ch$15,032 million as of December 31, 2017 (Ch$19,649 million as of December 31, 2016), which are presented as a reduction of the liability line item “Debt issued”.