Regime 1

Regime 2

09/1996-06/1997 (0.999)

06/1997-12/1997 (0.996)

12/1997-12/1999 (1.000)

03/2000-06/2001 (0.994)

09/2001-06/2003 (0.998)

09/2003-03/2014 (1.000)

06/2014-09/2017 (0.999)

12/2017-12/2020 (0.999)

Total: 34 quarter

Total: 72 quarter

Representing 32.0% of the estimated period with an average duration of 8.5 quarter.

68.0% of the estimated period with an average duration of 17 quarter.