borrowings, page-40

In answer to your question. Now. Very expensive. You would. Be out around 6 to 10 percent to a insto to wear the risk

Back when gbg signed though would have been cheaper. Prob 2 or 3 percent of principal

This. Spread has exploded in just the last year with the euro issues
Would be interesting to know

Disc I work for one of the big 4 in risk