luda002

I believe it is the ineffective portion.

you were trying to hedge your loss. So the effective portion was efficiently hedged.

what was not, is a "real" gain or loss, should hit the income statement.

what was effective - goes to the OCI.

(Someone correct me, Smiley or someone else) - is the above right for all kinds of hedging? Fair Value Hedge, Cash flow Hedge and the Forex Hedge?

CP