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formance in Europe. As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany. Greece. Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The markets. .• i
rules-based, market-value-weighted index engineered for the 5-Year G.O. tax-exempt bond market. In order to be included in the index, bonds must be General Obligation bonds and must have a maturity of 4-6 years, minimum credit rating of Baa. They must have an outstanding par value of at least 35 million and be iss
formance in Europe. As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany. Greece. Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The markets. .• i
rules-based, market-value-weighted index engineered for the 5-Year G.O. tax-exempt bond market. In order to be included in the index, bonds must be General Obligation bonds and must have a maturity of 4-6 years, minimum credit rating of Baa. They must have an outstanding par value of at least 35 million and be iss
formance in Europe. As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany. Greece. Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The markets. .• i
rules-based, market-value-weighted index engineered for the 5-Year G.O. tax-exempt bond market. In order to be included in the index, bonds must be General Obligation bonds and must have a maturity of 4-6 years, minimum credit rating of Baa. They must have an outstanding par value of at least 35 million and be iss
erformance in Europe. As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices' Austria. Bgium. Denmark. Finland. France. Germany. Greece. Irancl. Italy. the Netherlands. Norway, Portugal, Spain. Sweden, Switzerland and the United Kingdom. —The MSCI Japan Inde
rules-based, market-value-weighted index engineered for the 5-Year G.O. tax-exempt bond market. In order to be included in the index, bonds must be General Obligation bonds and must have a maturity of 4-6 years. minimum credit rating of Baa. Remarketed issues. taxable municipal bonds. bonds with floating rates and
formance in Europe. As of May 2005. the MSCI Europe Index consisted of the following 16 developed market country indices: Austria, Belgium, Denmark, Finland, France, Germany. Greece. Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The markets. .• i
rules-based, market-value-weighted index engineered for the 5-Year G.O. tax-exempt bond market. In order to be included in the index, bonds must be General Obligation bonds and must have a maturity of 4-6 years, minimum credit rating of Baa. They must have an outstanding par value of at least 35 million and be iss
Entities connected to both Finland and General Obligation

Denmark
LOCATION
Norway
LOCATION
Belgium
LOCATION
United Kingdom
LOCATION
New Zealand
LOCATION
Moody's
ORGANIZATION
U.S. Treasury
ORGANIZATIONthe Frank Russell Company
ORGANIZATIONMSCI Europe
ORGANIZATIONthe Pacific Basin
LOCATION
the United States Government
ORGANIZATIONDeutsche Asset & Wealth Management
ORGANIZATIONthe Municipal Market Data
ORGANIZATIONGeneral Obligations and Revenue
ORGANIZATIONG.O.
ORGANIZATIONthe U.S. Government/Credit
ORGANIZATION