All derivative financial instruments held for currency risk hedging purposes have a maturity of less than 18 months at inception and break down as follows:
| non-inclus | Nominal | Market value | ||||
|---|---|---|---|---|---|---|
| € millions | 31.12.2023 | 31.12.2022 | 31.12.2021 | 31.12.2023 | 31.12.2022 | 31.12.2021 |
| Currency futures | ||||||
| Purchase of EURO against foreign currencies | 4,561.1 | 2,684.6 | 2,201.1 | 41.6 | 34.3 | -159.3 |
| EUR/CNY | 1,414.5 | 629.7 | 540.7 | 44.4 | 24.7 | -91.3 |
| EUR/USD | 505.8 | 197.6 | 502.4 | 9.8 | 3.7 | -26.3 |
| EUR/SGD | 746.9 | 750.9 | 118.4 | -0.1 | -12.6 | 3.3 |
| EUR/GBP | 410.0 | 231.0 | 162.9 | -6.9 | 3.6 | -6.8 |
| EUR/MXN | 266.3 | 249.2 | 148.3 | -8.4 | -5.7 | -4.8 |
| EUR/BRL | 205.9 | 171.3 | 117.5 | -3.7 | 1.2 | -0.7 |
| EUR/AUD | 188.6 | 143.3 | 88.5 | -1.9 | 3.6 | -1.9 |
| EUR/CAD | 148.2 | 46.0 | 14.5 | 0.1 | 8.5 | -2.2 |
| EUR/HKD | 166.0 | 90.1 | 76.7 | 4.2 | 1.5 | -35.9 |
| EUR/DKK | 105.4 | 60.6 | 9.2 | 0.2 | — | — |
| EUR/SAPMENA currencies | 68.3 | 85.8 | — | 1.7 | 5.3 | — |
| EUR/North Asia currencies | 193.0 | — | 314.8 | 0.4 | — | 1.6 |
| EUR/Europe currencies | — | — | — | — | — | — |
| EUR/Latin America currencies | 142.2 | — | 86.3 | 1.8 | — | 5.2 |
| EUR/SSA currencies | — | 29.1 | 21.0 | — | 0.5 | 0.5 |
| Sale of EUR against foreign currencies | 174.4 | 377.9 | 480.0 | -4.8 | -16.8 | -16.9 |
| EUR/Europe currencies | 134.4 | 3.0 | 297.8 | -3.9 | -13.1 | -9.7 |
| EUR/ SSA currencies | 40.0 | — | — | -0.9 | — | — |
| EUR/Latin America currencies | — | 130.0 | — | — | -3.3 | — |
| EUR/North Asia currencies | — | 244.9 | — | — | -0.4 | — |
| EUR/Devises SAPMENA | — | — | 182.2 | — | — | -7.2 |
| Purchase of USD against foreign currencies | 1,605.1 | 2,363.4 | 418.6 | 9.7 | 87.3 | 13.2 |
| USD/SAPMENA currencies | 1,152.2 | 1,987.9 | 238.9 | 7.4 | 83.3 | 2.7 |
| USD/Latin America currencies | 223.4 | — | 130.7 | 0.6 | — | 9.9 |
| USD/CAD | — | 85.9 | 49.0 | — | 2.9 | 0.6 |
| USD/Europe currencies | 26.4 | — | — | 0.5 | — | — |
| USD/North Asia currencies | 203.1 | 289.6 | — | 1.3 | 1.1 | — |
| USD/SSA currencies | — | — | — | — | — | — |
| Sale of USD against foreign currencies | 59.4 | 152.2 | 508.8 | -0.5 | -10.4 | -5.6 |
| USD/North Asia currencies | — | — | 495.6 | — | — | -6.5 |
| USD/Latin America currencies | — | 138.9 | — | — | -8.9 | — |
| USD/Other currencies | 59.4 | 13.2 | 13.2 | -0.5 | -1.5 | 0.9 |
| Other currency pairs | 791.7 | 1,016.5 | 551.8 | -8.7 | -2.1 | -4.1 |
| CNY/SGD | 193.7 | 309.0 | 0.2 | -6.1 | -8.1 | — |
| DKK/SEK | 76.8 | 76.5 | 68.7 | -3.1 | 2.0 | 0.7 |
| SGD/HKD | 17.8 | 117.2 | 9.2 | -0.2 | -3.9 | 0.6 |
| Other currency pairs | 503.3 | 513.8 | 473.6 | 0.7 | 7.8 | -5.4 |
| CURRENCY FUTURES TOTAL | 7,191.5 | 6,594.7 | 4,160.3 | 37.3 | 92.2 | -172.7 |
