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EFTA00615013
RY & CONFIDENTIAL EFTA00615023 C-III Financial Projections Summary $ in millions 2H2015 2016 2017 2018 2019 &HI Cap Esc (Bond Investments) Defensive Bond Acquisition Expenditures $5.0 55.0 55.0 S0.0 S0.0 Offensive Bond Acquisition Expenditures 3.0 4.0 3.0 0.0 0, Bond Cash Flows - Currently Owned Bonds $11.4 $15.5
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