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Re: kthomp19 post# 632038

Monday, 09/14/2020 2:31:30 AM

Monday, September 14, 2020 2:31:30 AM

Post# of 797139
JPS conversion, if required, should happen after the GSEs are up listed in NYSE. True price will be reflected, given the GSEs have a combined earnings of $20B.

I hold both Commons & JPS.

Does anyone know whether JPS is counted as CET1 ? If yes, I don’t see the conversion necessary.