Investor Presentaiton

3 OVERVIEW: Portrait of the Sovereign Credit .4 ENERGY AND SECURITY: Energy Independence and NATO Membership .8 FISCAL POLICY: Moderate Deficit and Low Debt. .12 THE ECONOMY: Flexible and Resilient Economy BANKING SECTOR: Well-Capitalized and Liquid GOVERNMENT DEBT MANAGEMENT: Flexibility in Funding Strategy .17 .....25 ...30

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