Quant Banking Corporation (QBCo) is a large financial institution based in Brazil. QBCo's core liquid assets include Brazil government bonds, cash, and foreign sovereign bonds. In addition to receiving deposits, QBCo raises funds by issuing secured short-term debt and unsecured long-term debt. The CRO of the bank is analyzing the investment committee's proposal to sell QBCo's holdings of UK government bonds and allocate the proceeds to extend new loans denominated in BRL to corporations headquartered in Brazil. The new loans would be held to maturity and fully collateralized by high quality foreign sovereign securities. The CRO estimates that UK government bonds currently account for approximately 15% of QBCo's total assets. The estimated mark-to-market values and average value-weighted durations of the bank's assets and liabilities before implementation of the proposal are given below:

	Market value	Average value-weighted duration
Total assets	BRL 60 billion	6 years
Total liabilities	BRL 50 billion	6 years

Assuming no change to the average value-weighted duration of assets, no other changes to QBCo's asset and liability structure, and all foreign exchange exposures are fully hedged, which of the following will be correct if the bank implements the new proposal?