sting_0> Deficit Grows in Spain as Capital Flight Accelerates WSJ<http://online.wsj.com/article/S1110000872396390444860104577560860867437208.html> Irish Central Bank Says Deficit Efforts on Track WSJ<http://online.wsj.com/article/S1110000872396390444860104577560590200321480.html> The Fed Has Reason to Hold Its F

st assets classes • Discount discussed — 30% = £4.3b acquisition price • Average length of loans - 15 years • According to recent Blackrock led Irish Central Bank stress test max. loan losses - even on stressed scenario is 1.4% of book value (£86m) Book Returns • Book is on floating tracker rates producing