Last week's U.S. market story incorrectly reported that the Nelnet A5 priced outside of the Sallie Mae Student Loan Trust 2004-7 A5 class. On a duration-adjusted basis, the Nelnet A5, with an 11.3-year average life and coupon of 18 basis points over three-month Libor, priced through the Sallie Mae 2004-7 A5, with a 8.68-year average life and 17 basis point spread to three-month Libor.
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