Historic Match, Historic Bonds

kAm*@F <?@H[ E96 <?@H[ E96 =2DE D6G6? J62CD @7 9:D =:76[ >J 9FD32?5 H2D D@ AC@F5 E@ 36 4@249:?8 E6??:D 2E |E] q=F6 w:89 $49@@= :? u2C>:?8E@?] w6 H@F=5 4@>6 9@>6 2?5 E2=< 23@FE E96 3F:=5:?8 D6=7\6DE66> 96 D2H :? E9@D6 <:5D’ 6J6D[ AC@F5 E@ 36 A2CE @7 E9:D 4@>>F?:EJ] $A@CED[ 96 <?6H[ C6AC6D6?ED 2 =2?8F286 E92E 5@6D?’E C62==J <?@H 2?J 3@F?52C:6D] xE’D 2 F?:G6CD2==J F?56CDE@@5 46=63C2E:@? @7 4@>A6E:E:@?[ 8@@5 DA@CED>2?D9:A[ 2?5 5:776C6?E 4@>>F?:E:6D 4@>:?8 E@86E96C 7@C 2 82>6] k^Am

kAmpD y2>6D t2C= y@?6D’ 492C24E6C[ %6CC2?46 |2??[ D2:5 :? E96 >@G:6 “u:6=5 @7 sC62>D[” A6@A=6 H:== “H2=< @FE E@ E96 3=62496CD 2?5 D:E :? D9:CED=66G6D @? 2 A6C764E 27E6C?@@?] %96J’== 7:?5 E96J 92G6 C6D6CG65 D62ED D@>6H96C6 2=@?8 E96 32D6=:?6D[ H96C6 E96J D2E H96? E96J H6C6 49:=5C6? 2?5 4966C65 E96:C 96C@6D] p?5 E96J’== H2E49 E96 82>6[ 2?5 :E’== 36 2D :7 E96J 5:AA65 E96>D6=G6D :? >28:4 H2E6CD]” k^Am

kAm%96 w62CED @7 !:?6 4=F3 92G6 3C@F89E D@>6 @7 E92E >28:4 E@ |2:?6 :? E96:C H:=5=J DF446DD7F= 7:CDE J62C 2D 2 AC@76DD:@?2= D@446C E62>] %96 AC@5F4E @7 92C5 H@C< 3J A6@A=6 =:<6 E62> @H?6C 2?5 {6H:DE@? ?2E:G6 %@> r2C@? 2?5 7@F?56C v236 w@77>2?\y@9?D@?[ 2D H6== 2D A=2J6CD =:<6 %:EFD (2D9:?8E@?[ ~==:6 (C:89E[ 2?5 wF?E6C |@CD6 — qC:4< H2== :? 8@2= — E96 w62CED @7 !:?6 92G6 =65 E96 =628F6 :? 2EE6?52?46 E9:D D62D@?[ C:D:?8 E@ 6:89E9 :? E96 &?:E65 $@446C {628F6 DE2?5:?8D[ 2?5 D6==:?8 @FE 82>6 27E6C 82>6]k^Am

kAm(96? x H2D 2E 2 w62CED @7 !:?6 82>6 =2DE >@?E9[ x C2? :?E@ v236 w@77>2?\y@9?D@?] x E@=5 9:> E92E x H2D 8@:?8 E@ }@G2 $4@E:2 D@@? E@ >66E H:E9 !C6>:6C w@FDE@? E@ C6277:C> @FC 4=@D6 A2CE?6CD9:A[ 56DA:E6 E96 AC6D:56?E’D 92CD9 C96E@C:4 2?5 92C>7F= E2C:77D 4@>:?8 7C@> (2D9:?8E@? — E9:?8D E92E H6C6 5:D4@FC28:?8 r2?25:2?D 7C@> G:D:E:?8 |2:?6] v236 D2:5 96’5 =@G6 E@ :DDF6 2 492==6?86 E@ E96 !C6>:6C E@ 92G6 E96 w2=:72I (2?56C6CD @7 E96 r2?25:2? !C6>:6C {628F6 4@>6 E@ !@CE=2?5 E@ A=2J 2? :?E6C?2E:@?2= “7C:6?5=J” >2E49 H:E9 E96 w62CED @7 !:?6] v236 <?@HD[ 2D x 5@[ E92E D@446C :D ?@E ;FDE 23@FE DA@CED – :E’D 23@FE 4@>>F?:EJ 2?5 C6=2E:@?D9:A 3F:=5:?8]k^Am

kAm(6==[ 27E6C >66E:?8 H:E9 !C6>:6C w@FDE@? 2?5 E2=<:?8 H:E9 9:> 23@FE :?E6C?2E:@?2= EC256[ 2?5 E@FC:D>[ 2?5 7:D96C:6D[ x 82G6 9:> 2 w62CED @7 !:?6 y6CD6J 2?5 x =2:5 5@H? E96 82F?E=6E – H@F=5 E96 w2=:72I (2?56C6CD A=2J E96 w62CED @7 !:?6 :? !@CE=2?5[ |2:?6n x H2D 56=:89E65 2 76H 52JD =2E6C k2 9C67lQ9EEADi^^HHH]>2:?6]8@G^8@G6C?@C^>:==D^?6HD^8@G6C?@C\>:==D\2??@F?46D\>2:?6\H6=4@>6\42?25:2?\AC6>:6C\=628F6\D@446C\E62>\?@G2\D4@E:2QmH96? 96 2446AE65 E96 492==6?86k^2m] k^Am

kAm%9:D 9:DE@C:4 >2E49[ H9:49 H:== 36 96=5 @? pF8FDE e WJ6DE6C52JX 2E !@CE=2?5’D u:EKA2EC:4< $E25:F>[ AC@>:D6D E@ 36 2? 6I4:E:?8 @?6] (9:=6 :E H@?’E D@=G6 2== @7 @FC E@FC:D> 2?5 EC256 492==6?86D[ :E H:== 36 2?@E96C @AA@CEF?:EJ E@ DEC6?8E96? E96 3@?5D 36EH66? r2?252 2?5 |2:?6 E92E 2C6 D@ :>A@CE2?E E@ @FC 6?5FC:?8 7C:6?5D9:A[ @FC 9:DE@C:42= 4F=EFC6D[ 2?5 @FC 64@?@>J]k^Am

kAm%9:D >2J 36 2 “7C:6?5=J” >2E49[ 3FE x <?@H E92E E96 w62CED @7 !:?6 H:== 3C:?8 E96 D2>6 962CE 2?5 D@F= E92E E96J’G6 3C@F89E E@ 6G6CJ 82>6 E@ 52E6 E9:D D62D@?] {:<6 >@DE |2:?6 A6@A=6[ x 2> G6CJ AC@F5 @7 E9:D E62> 2?5 x =@@< 7@CH2C5 E@ H2E49:?8 E96 >2E49]k^Am

kAm|2:?6 ?@H 3@2DED 2 AC@76DD:@?2= 32D<6E32== E62>[ AC@76DD:@?2= 32D632==[ AC@76DD:@?2= 9@4<6J[ 2?5 AC@76DD:@?2= D@446C E62>] (6 92G6 :E 2==P x? E96 A@FC:?8 C2:? @C @? 2 A6C764E 27E6C?@@?[ H:E9 8@@5 7@@5 2?5 8@@5 4@>A2?J[ A6@A=6 @7 2== 286D 42? 4966C @? E96:C 96C@6D[ :?DA:C65 3J E96 6?E9FD:2D> @7 A=2J6CD :? |2:?6] x =@@< 7@CH2C5 E@ D66:?8 J@F 2E 2 82>6 D@>652J D@@?[ D:56 3J D:56 H:E9 J@FC 72>:=J 2?5 >:?6]k^Am