You are right umicrumba, absolutely! Not only that, but there's KNL's tightening register to consider (and who has that iceberg at 19c, another institution wanting 5%?), verses MNS's loose option policy. Customers, customers, and customers also need to be considered!
I didn't mean to imply that MNS was better/worse than KNL, mostly that it was irreverent to KNL.
In many ways KNL is leagues ahead, with pre-old stage-one, to Germany and Japan no less, with the German government so enamored with KNL they'll provide us a guarantee which will result in very favorable funding rates etc.
Like you said, there's more, much more, but i'll refrain. Now. haha.
MNS has completed their RAP. Where is ours?, page-7
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