Annual Accounts and Report as at 30 June 2011 Draft - Mediobanca

B.4 OTC credit derivatives: gross positive and negative fair values by counterparty – contracts notforming part of netting arrangementsContracts not forming part of nettingarrangementsGovernmentsand centralbanksOther publicagenciesBanksFinancialcompaniesInsurancesNon-financialcompaniesOthercounterpartiesRegulatory trading book1. Hedge buys- notional value — — 20,000 — — — —- positive fair value — — — — — — —- negative fair value — — (15) — — — —- future exposure — — 1,000 — — — —2. Hedge sales- notional value — — — 21,467 — — —- positive fair value — — — 24 — — —- negative fair value — — — (315) — — —- future exposure — — — 1,073 — — —Banking book *1. Hedge buys- notional value — — — — — — —- positive fair value — — — — — — —- negative fair value — — — — — — —2. Hedge sales- notional value — — — — — — —- positive fair value — — — — — — —- negative fair value — — — — — — —* Derivatives embedded in bonds issued not included.– 209