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EFTA Document EFTA01387144
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Case Filesd-10-EFTA01387144Dept. of JusticeEFTA Document EFTA01387144
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sd-10-EFTA01387144Dept. of JusticeEFTA Document EFTA01387144
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From: Vahe Stepanian Sent: 4/20/2018 2:16:02 PM To: Paul Barrett CC: Stewart Oldfield Subject RE: RIN follow up Martin Zeman No problem, happy to help. The team assumes a 50bps p.a. default rate, and I would point you to page 29 of the book to support this point. Also worth looking at the scenario analysis on pg. 40 - think scenarios 1-7 are particularly relevant because the 50bp issuance costs are in line with RIN I (vs. 2% for a BSL). Thank you, Vahe From: Paul Barrett [mailto
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sd-10-EFTA01387144
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