Spreadsheet: rick_buy__32759__Sovereign Bonds_240801
Sheet: Bond Prices - Developed

 |  | 2001-08-24 00:00:00 | Developed
 |  | 10 year benchmark spreads
 |  |  |  |  |  | LOCAL CURRENCY | SWAPPED INTO US$
 |  | Country | E-rating | Moody's | S&P | Yield | Yield | Sprd v UST (basis points)
 |  | Euro-10
RAGB | 01/10 5.50 | Austria | 1 | Aaa | AAA | 5.02 | 5.42
BGB | 09/10 5.75 | Belgium | 1 | Aa1 | AA+ | 5.1 | 5.48
RFGB | 02/11 5.75 | Finland | 1 | Aaa | AA | 5.04 | 5.4
FRTR | 10/10 5.50 | France | 1 | Aaa | AAA | 4.92 | 5.3
DBR | 01/11 5.25 | Germany | 1 | Aaa | AAA | 4.8 | 5.17
IRISH | 04/10 4.00 | Ireland | 1 | Aaa | AA+ | 4.99 | 5.38
BTPS | 11/10 5.50 | Italy | 2 | Aa3 | AA | 5.14 | 5.44
NETHER | 07/10 5.50 | Netherlands | 1 | Aaa | AAA | 4.93 | 5.31
PGB | 05/10 5.85 | Portugal | 2 | Aaa | AA | 5.11 | 5.49
SPGB | 07/11 5.40 | Spain | 1 | Aa2 | AA+ | 5.12 | 5.47
 |  | Scandinavia
DGB | 11/09 6.00 | Denmark | 1 | Aaa | AA+ | 5.03 | 4.91
NGB | 05/09 5.50 | Norway | 1 | Aaa | AAA | 6.53 | 5.4
SGB | 03/11 5.25 | Sweden | 1 | Aa1 | AA+ | 5.13 | 5.16
 |  | Other
JGB | 12/10 1.80 | Japan | 1 | Aa1 | AAA | 1.26 | 5.93
SWISS | 08/10 3.50 | Switzerland | 1 | Aaa | AAA | 3.22 | 4.42
UKT | 12/09 5.75 | United Kingdom | 1 | Aaa | AAA | 4.97 | 4.71
T | 02/11 5.00 | United States | 1 | Aaa | AAA | 4.98 | 4.98
GGB | 05/10 6.00 | Greece | 3 | A2 | BBB | 5.25 | 5.64
 |  | US Treasury Curve
 |  |  |  |  |  |  | Current Yield
 |  | 6 mo |  |  |  |  | 3.4
 |  | 1 year |  |  |  | 3.33
 |  | 2 year |  |  |  | 3.72 | 3.73
 |  | 3 Year
 |  | 4 Year
 |  | 5 year |  |  |  | 4.54 | 4.48
 |  | 6 year
 |  | 7 year
 |  | 8 year
 |  | 9 year
 |  | 10 year |  |  |  | 5.01 | 4.92
 |  | 15 year
 |  | 30 year |  |  |  | 5.53 | 5.46
 |  |  |  | US Libor Curve
 |  |  |  |  | Spread over US-T (Bps) |  | Current Yield
 |  | 1 year |  |  |  | 3.68 | 3.69
 |  | 2 year |  |  |  | 4.26 | 4.27
 |  | 3 Year |  |  |  | 4.74 | 4.73
 |  | 4 Year |  |  |  | 5.07 | 5.03
 |  | 5 year |  |  |  | 5.3 | 5.24
 |  | 6 year |  |  |  | 5.47 | 5.4
 |  | 7 year |  |  |  | 5.6 | 5.53
 |  | 8 year |  |  |  | 5.69 | 5.62
 |  | 9 year |  |  |  | 5.76 | 5.69
 |  | 10 year |  |  |  | 5.83 | 5.76
 |  | 15 year |  |  |  | 6.06 | 6.01
 |  | 30 year |  |  |  | 6.21 | 6.14
 |  | Source: Bloomberg
 |  |  |  | EURO Curves
 |  |  |  |  |  |  | Current Yield
 |  | 1 year |  |  |  | 4.01 | 4.01
 |  | 2 year |  |  |  | 4.06 | 4.05
 |  | 3 Year |  |  |  | 4.07 | 4.13
 |  | 4 Year |  |  |  | 4.27 | 4.29
 |  | 5 year |  |  |  | 4.36 | 4.33
 |  | 10 year |  |  |  | 4.84 | 4.85
 |  | 30 year |  |  |  | 5.44 | 5.44
 |  | Source: Bloomberg
 |  |  |  | UK [NAME]
 |  |  |  |  |  |  | Current Yield
 |  | 1 year |  |  |  | 4.76 | 4.83
 |  | 2 year |  |  |  | 4.93 | 4.99
 |  | 3 Year |  |  |  | 4.97 | 4.99
 |  | 4 Year |  |  |  | 5.05 | 5.08
 |  | 5 year |  |  |  | 5.05 | 5.07
 |  | 10 year |  |  |  | 4.9 | 4.87
 |  | 30 year |  |  |  | 4.61 | 4.5
 |  | Source: Bloomberg
 |  |  |  | Enrons All in Rate Cost of Funds $
 |  |  |  |  |  |  | Current Yield
 |  | 1 year |  |  |  | 4.448 | 4.326
 |  | 2 Year |  |  |  | 5.356 | 5.418
 |  | 5 year |  |  |  | 6.272 | 6.426
 |  | 10 year |  |  |  | 6.938 | 7.071
 |  | 30 year |  |  |  | 7.59 | 7.805