Artículo B6.5.16. IFRS 9 Paragraph B6.5.16

If a hedging relationship is rebalanced, the adjustment to the hedge ratio can be effected in different ways: (a) the weighting of the hedged item can be increased (which at the same time reduces the weighting of the hedging instrument) by: (i) increasing the volume of the hedged item; or (ii) decreasing the volume of the hedging instrument. (b) the weighting of the hedging instrument can be increased (which at the same time reduces the weighting of the hedged item) by: (i) increasing the volume of the hedging instrument; or (ii) decreasing the volume of the hedged item. Changes in volume refer to the quantities that are part of the hedging relationship. Hence, decreases in volumes do not necessarily mean that the items or transactions no longer exist, or are no longer expected to occur, but that they are not part of the hedging relationship. For example, decreasing the volume of the hedging instrument can result in the entity retaining a derivative , but only part of it might remain a hedging instrument of the hedging relationship. This could occur if the rebalancing could be effected only by reducing the volume of the hedging instrument in the hedging relationship, but with the entity retaining the volume that is no longer needed. In that case, the undesignated part of the derivative would be accounted for at fair value through profit or loss (unless it was designated as a hedging instrument in a different hedging relationship).