Legal & General - Annual Report and Accounts 2010 - 11 Derivative assets and liabilities

	Contract/ notional amount 2010 £m	Fair values
	Contract/ notional amount 2010 £m	Assets 2010 £m	Liabilities 2010 £m
Interest rate contracts – held for trading	1,513	31	112
Interest rate contracts – fair value hedges	600	91	–
Forward foreign exchange contracts – net investment hedges	887	15	1
Forward foreign exchange contracts – held for trading	526	124	–
Derivative assets and liabilities		261	113

	Contract/ notional amount 2009 £m	Fair values
	Contract/ notional amount 2009 £m	Assets 2009 £m	Liabilities 2009 £m
Interest rate contracts – held for trading	1,531	22	74
Interest rate contracts – fair value hedges	600	68	–
Forward foreign exchange contracts – net investment hedges	733	10	–
Forward foreign exchange contracts – held for trading	531	136	–
Derivative assets and liabilities		236	74

The descriptions of each type of derivative are given in Note 22 and Note 48 of the Group’s consolidated financial statements.

11 Derivative assets and liabilities.