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  "documentTitle": "Barclays Q12023 FI Presentation",
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  "notes": "Includes a combination bar-line chart showing income, yield, and swap rates, with supporting bullet points on hedge strategy.",
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      "text": "Expect continued momentum in structural hedge income; Two-thirds of gross hedge income within Barclays UK; £3bn reduction in hedge notional in Q123; Reflecting expected deposit migration mainly in corporate; More than £50bn of hedge maturing evenly in 2023 at c.1.0%; Expect to roll the majority at significantly higher rates; Maintaining prudent buffers for further deposit migration",
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      "text": "Gross hedge income: 104%",
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      "kind": "source-note",
      "text": "UK Pound Sterling SONIA OIS Zero 5 Year Point (Refinitiv: GBPOIS5YZ=R) | Based on spot price of UK Pound Sterling SONIA OIS Zero 5 Year Point (Refinitiv: GBPOIS5YZ=R) as at the end of day on 21 April 2023",
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      "text": "Structural hedge continues to drive higher NII across the Group",
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