VM-21: Requirements for Principle-Based Reserves for ...

The actual U.S. Treasury rates as of the valuation date, reduced at each point on the term structure by 75% of the difference between the U.S. Treasury rate as of the valuation date and 0.01%; The actual U.S. Treasury rates as of the valuation date, increased at each point on the term structure by 25% of the difference between the U.S. Treasury ... ................
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