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Re: HappyAlways post# 653520

Friday, 12/18/2020 9:31:34 AM

Friday, December 18, 2020 9:31:34 AM

Post# of 798183

Converting the JPS to Commons will increase the capital by about $32B



By "increase the capital," I assume you mean they take some of the cash they have in the bank and reallocate it from Tier 1 to CET 1. So it does not actually increase their cash, but simply changes the way they designate it. So for FNMA, they go from $21.4B in CET1 to roughly $40B in CET1, correct?
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