Lakshmi,You don't need swap for this one (no disrespect swap)....

  1. 3,760 Posts.
    Lakshmi,

    You don't need swap for this one (no disrespect swap). It's market forces plain and simple. What is the cost/price of CNP in light of the MASSIVE risk of liquidation. CNP is risky, very risky. The market is reflecting very real possibilities, despite what you may or may not believe.
 
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