DSquaredSlim

ok 99.9% of HTM assets are Debt... hence the term carried at amortized cost.

so, every period your balance sheet value going down by the amount amortized (regardless of its fair value)

your P&L impact is simple the interest income you receive for the period (i.e. coupon)


the confusion probably comes from some of the EOC questions where the actual amount to get the answer is not amortized (I assume this is because they don't tell you what the amortization for the period is), in this case assume the value as of the time of purchase

I hope this clarifies

- Guille