In the case of those currencies in which the value and volume of business is insignificant, separate maturity ladders for each currency are not required. Instead, the conventional bank licensee may construct a single maturity ladder and slot, within each appropriate time-band, the net long or short position for each currency. However, these individual net positions are to be summed within each time-band, irrespective of whether they are long or short positions, to arrive at the gross position figure for the time-band.