Question

BankCo holds debt securities: • Portfolio A: Government bonds held to collect contractual interest/principal. • Portfolio B: Corporate bonds held to collect and occasionally sell to manage liquidity. • Portfolio C: Equity investments in FinTech start-up for strategic relationship. Which classification is most appropriate?

A A = Amortised Cost; B = FVTOCI; C = FVTPL
B A = FVTOCI; B = Amortised Cost; C = Amortised Cost
C A = Amortised Cost; B = Amortised Cost; C = FVTOCI
D A = FVTPL; B = FVTPL; C = FVTOCI
E A = Amortised Cost; B = FVTOCI; C = FVTOCI (if irrevocable election made)
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