EFTA Document EFTA01393115

are opened for trading on the business day following the September auction of 5-year notes. Trading in the options will be based upon current yields for the Sep- tember issue until the October auction of 5-year notes. Beginning on the trading day following the October auction, trading will be based upon current yields for the new 5-year notes. The same process will occur in November. If the options expire on or after the auction date for 5-year notes in December, their exercise settle- me