Report the net market value, or fair value, of Bills of Exchange.A Bill of Exchange is a written order requiring one party to pay a specified sum of money to another party at a future maturity date. It is a negotiable instrument which is usually sold at a discount and traded on the money market. Bills of exchange can be bank-accepted or bank-endorsed, or can rank as commercial bills.Net market value, or fair value, is the amount which could be expected to be received from the disposal of an asset in an orderly market; or in an arm's length transaction between knowledgeable, willing parties; after deducting costs expected to be incurred in realising the proceeds of such a disposal.