Saturday, September 14, 2019 1:38:47 AM
The dividend to Treasury is meant at repaying the obligations SPS and Recapitalization, per the exceptions to the restriction on Capital Distributions in HERA and the 12 CFR 1237.12.
The Govt is only entitled to the dividend established in the Charter at a similar rate as the Treasury yields, but drastically reduced because the Treasury took a huge collateral in the form of a Warrant.
The dividend ($1 billion maximum, if any) is payable (as the SPS are cumulative) once Adequately Capitalized.
FINAL PROOF.
We got it.
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