all in since we bought them last year. We would do the following: #1 Sell 1.2MM face of the Peabody 7.375% 2016 yielding 4.68% Buy 1.2MM face of the Lloyds Bank 9.875% of 2021 yield to call of 7.53%. We think these bonds do get called in 2016 because the coupon will switch to 5yr swaps plus 850bps. #2 I pu