Transactions involving Net Paying Securities
ORGANIZATIONthe Market Value of Margin Securities
ORGANIZATION4
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k Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex 1. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provi
sum of the amount of Cash Margin paid to that party (including accrued interest on such Cash Margin which has not been paid to the other party) and the Market Value of Margin Securities transferred to that party under paragraph 4(a) (excluding any Cash Margin which has been repaid to the other party and any Margin Securities in res
k Transactions: (ii) Net Paying Securities. this shall be specified in Annex I hereto and the provisions of Annex I. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. If 'Transactions arc to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provision
sum of the amount of Cash Margin paid to that party (including accrued interest on such Cash Margin which has not been paid to the other party) and the Market Value of Margin Securities transferred to that party under paragraph 4(a) (excluding any Cash Margin which has been repaid to the other party and any Margin Securities in res
k Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex I. paragraph 1(b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either party as an agent, this shall be specified in Annex I hereto, and the provi
sum of the amount of Cash Margin paid to that party (including accrued interest on such Cash Margin which has not been paid to the other party) and the Market Value of Margin Securities transferred to that party under paragraph 4(a) (excluding any Cash Margin which has been repaid to the other party and any Margin Securities in res
Transactions; (ii) Net Paying Securities, this shall be specified in Annex I hereto and the provisions of Annex I. paragraph I (b) shall apply to Transactions involving Net Paying Securities. (d) If Transactions are to be effected under this Agreement by either pany as an agent, this shall be specified in Annex I hereto, and the provis
sum of the amount of Cash Margin paid to that party (including seemed interest on such Cash Margin which has not been paid to the other party) and the Market Value of Margin Securities transferred to that party under paragraph 4(a) (excluding any Cash Margin which has been repaid to the other party and any Margin Securities in ras
Entities connected to both Transactions involving Net Paying Securities and the Market Value of Margin Securities

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LOCATIONThe Bond Market Association
ORGANIZATIONSeller Securities
ORGANIZATIONDomestic Purchased Securities to Buyer
ORGANIZATIONthe Buy/Sell Back Annex
ORGANIZATIONthe Securities and Exchange Commission
ORGANIZATIONAnnex I.
PERSONBond Annex
PERSONTransaction Buyer
ORGANIZATION
the Bank of England
ORGANIZATIONthe Republic of Italy
LOCATIONthe DBV Transaction
ORGANIZATIONCREST an Event of Default
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATION
Bloomberg L.P.
ORGANIZATIONLegal Department
ORGANIZATIONMorgan Guaranty Trust Company of New York
ORGANIZATION
FDIC
ORGANIZATIONthe Market Value of Equivalent Securities
ORGANIZATION
Barclays
ORGANIZATION