Under IFRS No. 9, debt investments are classified as either "available for sale" or "fair value through profit and loss (FVPL)."

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Under IFRS 9, debt investments are classified as "amortized cost," "fair value through other comprehensive income (FVOCI)," or "fair value through profit or loss (FVPL)," not "available for sale." The "available for sale" category was used under the previous standard, IAS 39.