GRANTOR'S REPRESENTATIONS ANO WARRANTIES WITH RESPECT TO MC COLLATERAL With respect to thy Colnerol. Grantor geornaile and premises to Le na that: Porker., of &loudly Inlereft Granter fl ees 10 take ivf blame ackno are requested by bonder to perfect and coniThtin othaal eiscalif Inagovl lo the Collate

over Euro gov) USD high yield (bp vs. UST) Euro high yield (bp over Euro gov) EMBIG (bp vs. UST) EM Corporates (bp vs. UST) 161 JPAAargan JUL I Porker, Spread to Treasury 176 iBoxx Euro Corporate Index 582 JPMorgan Global High Yield Index STW 726 iBoxx Euro HY Index 294 EMBI Global 337 JPM