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9vYe3Z3zrPlACrcSJTaaaKzuRPLILMaTI9yhL1Qe4mGqUp\/3KDBXSw9fTvbrnjm173XbeXfcjrtfdgZ4+zH3m2I+H3C96Xr64NvNcJJ3vtwmTvhud5uu3ylXmxt81In5wAsGl6AyOaAf1Febwqy\/ptfefa4BVV+m9SrWHzQGMZlEqDYN0AMnsPMXTiwjiclGbjsTvYFpX3yGrmmxO32GAmW1NvNxtF4J+hCOCd5kk3vu\/FC1QRmzOvvcmdW47H5T9nkflxdcSqOC2NG0eMtfbhsMcmrogGZFXMETNvkjwHudFzSdKp3xH+9UoOg\/q3khZ9PTWkycsSTdyf9qPyzadXhCk7cSGGcnkNs5BNjj4y9Ylcu9MmuHQ\/JaYKsIHSLdUR\/8h6C5vot6FGdB1TkwdE4reIT+aI0qdv06dRB9Wkgq9O\/Njt887Ks0ta7WunFznyg35Ngu36GT3gbRm6b7Xe8WenOHjZdeFKb468mxd0Ia7ba2BERXwztSHp\/OIG5UGXwDb0oGXxPYipQMJFdP4NFZkYIJopZJ1xImY3WnHs6S5JW3uaLcdt8rUjqQggavJ7uMISh2jw5wQ2+z71pzUCS7RzfxQt8bGrNm9+gBfxUEfRsqmwN3j67jhm7at1bZC6x2j368DsAAFPHnu0d35QU+6BuPIC+F7pGL0yPcQpgOPcX2K2gw1GSTJiHVXsH4Uu0eV2EUwC3VnuZlieodpEG6BVR7UaJV3D2G0TrcDNP703Z2j3Gw2VKj+9N2d48wjONNSrV5u0fggyTaUG3+7nGdJm68ptqC3aOXArilv0X7IXRdgaxAvbtJkG5CttndPXrxOo23bLO3ewzSyE8dttnfPYLtNkpTtjnYPaY+3FDNdVG+piDPUbd+5AdrR3zk7h7D1WoVSR55u8dtsPGTSHzk7x5jPwpTT3wU7B5hCrf0MMoMD2EDVsBz2GYXbccWBIBt9tBKA0itE272d49+CPzIY5uD3SNCFzh0eYSgQV0GkesFDtvs7h63sbcOXLbZ2z0m0Qp4kG320aqCIAjZZrTYCQwBuwB4oYPVah2zzWiRo60fB2wzxrE4gCHb7O8ekxBu0jXbjLrE\/wzNTVlB1GeyAf4KcO0uWvEQUIebtHv4gDt+yLX7CJPXyTrg2oPdYxgkYTychLrGixumkQ8B04oQOVnR+I1aUY+hF\/s+0+qj8QU08UGtaJbeJlgNK3jIQV2TYiiuY5H\/Oc+bzZIhUOUrWy8lWFHPv7635IfaRfAX3D16buCHFN0oQd3sHlfR2tlsaUqFphB5URonfWvrb\/G4DjYhGFAsLQ+7Ryd1U3q2OADq0fGd0InZVgTYSdyIQjtcyKbGqAQ8QC1E+8DdPa59P1yn\/AMPnaWVF674BwiHV1sQbPgHBKVcin6\/wAM+NyAAXsy0IhxON2mwYlrxQY1Sag1Rq797RCRl7TKtwe5xm0KHvi3OZzzPhOkNtbq7xxXqjW31do+hF20oFEWtPiaTKbUJqBX1FkE\/GVoBrNq5OT7b2h0VwLQiiuAxM0ataDEdsAlZCHglky01huRCTkkA\/NTnmlF\/ThhQdyxuRhvobJ2Qe9vfPUIncjZcM+pyk8QRtRigRRt\/tXKYVrycK7ABTKuH6OYmiFkI\/u4x2gJIUSXUish6iIryUaQX8fxkQT3qYifteEnXAX26cbuHqVXgx1w7WtYgSlc8fLyw0KcWNs7LS4L69VKfhkPa3d1jEK\/8FeTaEaL662iz4drRZeqBLbWKpD1ARDgBkOr3mJMrxQM0yTjiSywAIaAQG7V6mDPYUlcEakU8hJeEFAqjVnKdAArVkNqfLC7CeLYZ7SbcAgq1cTO6TsIkSADbjFY2TPwNZJvRhjprh1rwNCO3SZomYRiyzS5qBg6FsbjZQ80h8BO2GWOsv\/E52Hgvt9E2ohm4soKI5gZp5IQp9aA+Vpdo9xhvGTYgtmvwAooC7B6TJN5SHE2MePi63j1GQbLZMjwlbAivG3oRjeyxHVflGdHGaENR69i+VBHil9N0nXo0U3kqa5DFu0fob0FMbaudIfIep8kG0q0RQKkOd48buNnQHEGDEl7hvU3DiLlu8QPEEm2jYLXhH3iY8ji+AAqTpFDyAC+4HwWQXvALzO20rOssJ7zXGvBPi0ucQ1BJJoofH9+TqpTx4ughPrWSNcUPXzO0DX6KuuWfRVmJd9unbrz20QGWkt0g3TVlBQ4Qc8SQPqzkcdkc8R0N1uw0ARZTVskqDAZkPMMS1fcmNBtQNLt94BIWNhAeIJrmbOij1D4gd4WzFh6Q68KJAmWpZVKZDt\/TXWm6QZKLV0lI0WeC3WmYBhCykhzPMBJJLtkkbuzzktwKbCC12USSQwcmCTlJjoOKJTk38la+K0pyXhTGkWMuySUbNwodiSS3AdsQ+Kwkt4lXrsNJcskm8ikWiEhyIPKjmJXkViAKQMxKco4bhtTN0UlyXNedJLeFMYCuIMkFYLtJfEGS89wwpPrrJLkg8sEWCpLcGrgp8KSSXLKNN6lckouCbQTlktwmCdMYSiW5EAQRdcXQklyw8p2NKMlFm\/WK4lg7SS5ZR0EoSnLbOF5tgSjJpVvINwdIPl4lm1iQ5NIE+mAtSHLpGmypc9dJchDJFakgyUUbD\/ixIMmtUjekrt5Okou3SQxTQZLb+lEMPUGSW0XbVZwKkpyXhmtOuMazjHxGSuokOQ6je0mOw+pekoMxDJNYlOQ47O4lOQ7DW0mOw81Wktt68SqBvCQHYepSKptWkksDsNoIklzkuRsvkkly3sqxuv+PC3OuxwlzcA3TdMMJc3GQrGHMC3NrsNlSHEcrzAXhylulgjCHT\/qKFeaSFG5oRQcR5tIgXaeRKMwlW7hKXYkw50VuTKk5BmFuhRhKKBHmwCbwV6lEmIPxhkZjSpiLoL8BvDCXehDGES\/MxWESUzxhJ8zFURRueWHODzYwSHlhzklWtB6tFeYgSL045IU5ECbeBvDC3GoD4hDwwpznb5ww4oU51wsgxRq0wlwapX6y4oW51IsTitPvhLl0uwm2vDAXhaHjAV6YW2983w0FYS4N4TZxBWEOhvFquxaFuWS7WSWCMAecMPS3gjAXBn5M6VdbYQ6mMElXvDAXB1FCHftWmNu6m03s8MLcKl0525gX5vzAc1epKMylaRrGsSjMpUmSbjaiMJduIp9a1F6Yg\/4aeltRmIucIHQjUZhLg3RFabx6YS7ZJDF1yfbCXBREUbwShblNtA1okasT5kIn3K7XgjAXOO4q4IU5P1p5m0gQ5tytS11MrTC3gvE29CTC3NoThTkv9iEFohPmfERKVoIwt0ljl1IJ98KcE4fUTDphLg5Wvh+JwlwYB9Td1glzMN3QKpdOmEu2K\/owdMIccNzYjQVhbhU7wAESYc6NwsgHojAHwg0IA5kwx0k8vTC3jWOX4dx7Yc5PN+k2FYQ5GG5TxxGFuWS1gkx7J8zF8XpLMRatMIcNE75EmIs3sRcFEmFum0ZxLBPmUi\/x1mCKMMftwiDMAd\/zXKUwF8IA+IFSmBMmSgtzjrP2Ik8hzAlrSglzjrOFa18qzG3iMGFEgkGYE3aDFebWUZhGKmFui\/8RhDkYJDGlnh2EuTRJHYqCDMJcGsY0ZzAIc3CzpS\/eQZiLVyvgRxJhDommnn9ThXJJLfKfAt9Pge+nwPdT4Psp8P0U+H4KfD8Fvp8C30+B76fA91Pg+ynw\/SgCn8Q\/mEhzaBdfPz1U4JWraCRU9fRXTFXPVrpbMi1YClzOKuM8MsAGVkgCGRskV3qUSJvsGLGo+SFjJERGVRmKokOjkDBV0gLCb4zDIVRMD4m8MwoL0z0tJPzGKJyWTmohte+MwkKUVQsIvTAKBRNiLRj8xigcQri1gMgro5CyGGrBZPLSUwwMci9owZBXxvEa39gaSOQFIcP7Sho2JoJ2x0C7s0F7Y6C92aD9MdD+bNDBGOhgDuiOI9AA715ZGsJyx2G5prC8cVieKSx\/HJZvCisYhxWMwkKcgPYoohfufScVb58eotc77HgH6Obt7gDdvNcdoJs3ugN08y4jQOBQ3WexEaC7LDYCdJfFRoDustgI0F0Wm+hfNZDIC2Zw3DE4rhkcbwyOZwbHH4Pjm8EJxuCMky5KktOztsN7sy4+SiQc76d9cXZHWLgc7wa\/NrsTLKSOd4Jfm90JEnbH+0Bvze4iygyWKsrmL9QBGnRwgDfsBJHfDfaCvDi7I6wJGO8GvzarE2SL1MNHb4weamzr1MLBb4wLc6AR5qsp3TXYX5eL1Wq0eBfTFTG3TuyLfLREGSyYzhhOKwH1ESYL6Zdjo\/pTewX9acBK\/6m9fP40YKD\/1F47fxqwzX9qL5w\/DZjlP7VXzZ8G9wyxaXNAqCzAOH+6yBf31nBJB0MpybfdIs6zs8qLPSlPICuIN0OC3QYYxCq\/5mDArMSOlouV94slz+QxZPuns6Y7jkGByrEqkNUJ5N8G5w1SOR0dAlDVypBtWVF5ur6bH6oqUUlKiKhy35C6AGmW5+2eIfHkK9wt4gtSMTT\/gpazbezWBKXDb1tQnzFKBYa3nW79o0RZSHCzKnAcoNKXEOweHegGbqt\/RY1EHe85nt\/FU6LWuMGBfF6wpdvsE\/ijRN4fUeh2hj\/0pCpBsnuMvbi3PeFWgNTaqZN6nQUMtUZ5gnwvgNcFWLWNNjY9rMAqCX2qT5jnyK67SbfU6FrnlHUa+Qk9QJTABOnfI6+Lp0TN5zJ\/R34dqxUNGb6gzCeP0NlsO2slhpHXNiDhiivANpP4pc0qZpvj3eMWoB+2OcEuOWmUTgkK6XcJBjBOfX6XUi91YcLuUryN153VkN0lsAXrbcrvkp8GfgD4XXJjF3oet0shXLudqYrZpWgbRUyfeJfWYA03K2GXvDRM6WG0uwT8cOUm\/C7FmzhOxF2KNgHwxF3y03Uf5kntEthsws6\/hdolOm6I2iUyvnt7e\/3cyb9tJ1VpXmJYQFlpW5rOn7LiaRM65zcrBnn85DrOy3FhL3Dp3uW+uyl3i2OWJLBQZsiMQfEC6uWc5E8ZknTICMmvUDcfOyuaSlpP8S87KxL4hjL6kRRNKK9k0M8MTe2Xhb1wfTTb5eIfC2+5JEmc1lQSJ7QeAbMe6KMNWY72biVbW2vzn1ODXahyhdPvtFcw3wM6YQY90NyBUV1K8nF1ySH3frcOXkCVzKLq9JHsT4g5kKKCvt4U6ZW8c+1yibUJxJzRcq84NR1+\/R\/u80qafkiSbihQF3nBoyF5dvrBBLrBMNU3yHDiHJzOTyjvreU\/By+vVhAS7HKfHX6MNSjqpbTcjs\/W9GmLyZCm1sEMjQrviuzcaWeI81\/2EwzbCVJs6MqLj6PFfpjKsGKuxVAcLK5xLRmshWcyYyIDrgOcb6hmMuuhtZEx2a6DnihTF2EiaVTsmyabziQa1abHbQUWj0kYN9RQRntLtmc\/mQzQWGwPmem41MzsHo1SL4w44ifDIg\/lAFwHpafSLzJ\/7axV147B2lLUeoVpfOD8oiwQD2vJCBz1y6QLgwLyCHB2uJqXig+UOdkIKEXZq6ylmWLRC0VxV2ndFEWhFfpgu9rxoTVsi6WhX5H7xRvi5O9a40BM+wyLZDgl6K7GNzs6LpqbfRFs5sxl\/BDTZ5fOeYv6HoY56QibjUdXi8wMguI8Twa5K8rmCSctH2Cj1amXZgnK79qjsGN02RfEt8nuhK1O8aJDdcX03LSisq5vaExAihRC1j1NAcGuT545kzFZamogo8xbx51aqEW3AF2WyYHFlhxEb9MdxMVvizAgvHP7YVv23ORLfG8vRxIrc\/maD5hzGga6w4Rg4SjKIBhAkqW6prgOLZlJswNzj9AUYyPPkk2k6fNhx3uxbRknNmiD\/vezHefZCSEkWC6pNyLqjSqrv9rRUnq57jL6XCG8s8ifw+9UxniinOwepEf8+1Ku5D2rsrjW9qXI7KSMv\/LyB6OE9KjCajfWdqZIxGdeASpS+XlymACYSZ7aok0vGwdjCMmmHxVHzQPcqBOEHsu6sXEuc5SXM5XddJzQ3K\/v8KmFzqbmzp3EfRuPS16CG40TUVXlOJetFgDv3DdzJfjAaSC6zTHRGgZJpW3Rv04n8fVWjh66Dm97NQg5JlskvrekFovyvXYkHNPhTBrB4n8ufiXnuTzDwpr4af\/htdfDyHAI81Za2cLgRPepy5FkGo5tI70vbjB5Xxhpm8h0amdrRCfjL2yfvpw40B9Qv9unrPjyGTNJz6QhAtVytHK8DppoDGLG50wAF+dlDZMvRoXsjyeUKbjuUgZ3JK49+xChrDea2BrdZy15OX2x+qEkl7L\/q7Zz8F5eUKmOS5YnyFqNkNc+lidow7dzXlakkCJpScGfy4EyrEJNJc07j2E5m\/1Ay54VBxavVqEkUzhmjTTVE3E9j5Hczx+95oGjOkTKQRjCJgsTyFKoBxsznhGVe+mtIRzjqfgeffK5S4yNikTQRmksXGI9AtEHFiX6776OqzLPI1B1G9Mcs8IQfn+iOOMxAqyfYgfNPoMC5ldWX+VwBS3Ear1TgP9OrAxmpEIKgWWZaFkQ25\/lvITDt2M640zpd8GXVZo9g5Ek8JIis95qNnyRngQyUkDr+ZxxWvB7lvw\/nx7I30hn\/gLid5scdsOPGlid6mmf5PAAcps+f743TqYVQ2XRaMbAZwPopsEh8jQVG1vDfcOr2DCtM6msZrBSAjrNWKxbYHTrpUdr5\/a56dRvxpObCkQ6O5EoeCJRkAX3jRe\/0hHTvvzFCGlT9PLYTqmo7ANo4Ct4F+qV8USUrlXHSNJapaxQpPvvGOJuB9KGPrfj1wBmXrrNx6seN4gEDm3oT55tCWRsS2DEIY\/3ddOhMu2jKzRj3RPakV2mrWSVtmrO+ZidJxV\/RB9cObfdXrKu8OOlTmCKcgiTL\/SfyZfOxDVI6Ogl+3W555madk+IuoN7PV92j1tlgMO7F\/cNhPdRbytRDxCOdNDEF1gLGJ\/A2U4zmCfsJCxuisvr4FHSFpSfKpfSR72ia22129r+8TZm42i3M0fvVVDBadQKXCDPokal8Uhg3diH8mrqQLn\/41I3Wfpu9wXK2nZ8X2+wEvQNUXvM2PRONm+stpS1QBHl1fTYsb0SkdkCuZTjtIG3hKJqFHGJYKpG4apnglmTvd72EilmH1+qGo2i1d2SiyCBcVmBodDQfnKlQatdD80bk8oUcohHChDq0E\/\/RtQUuhc6VDSqc7inp7qbVHuSDPV3ZDyxzyhWCyafHprqooyuaMHZ0UHZLf2K6llWfDVZ5LSML7XdkhztYhu9iRadefFaXhpCPj3xoOE3l\/v2FbtMU1zM0VNeQGdo5sV1hnZ9hHnOiweIaPS91\/5yoApD68okrhRVzLjkjTFNMCuazYx9ksx\/hjaMrkMVSsEtzJe6hZn7RDw7oVhcUWNwVQ6TdStz9mMyPEvxwrEarOqOY6C4r9DDtCwb+aCQNWrUBwxxHp3qBH+1deKjZn8beK4t\/eNFmV8lVUURwUcOxc17DlvCrcVxT7MiOUDeE30v9MFYONSf7vIHxie0WGZaAKwpRQ4JxBmB9rOjSIGN6Qq7hL33LnrUKcfUxKG+RE2uO98FVeS7PoNi4dML7Gv8OOcVhMXLdL3XQfp6JYMNhsEGdx7s6TrxBH7Tn2ztEXG5ve82+AYM6K4H2bDOyJPh3Hn77gxc2fDrdZmKL+NW\/gvc2H1WFtRHZWFJ7Jrtm1nxsnPJrzGoEvt1h31OqJbjzmWjn4x0bsixiSy5Y+RL2yJWKD0FhC02c7a\/9f4eJDIUC2eiPkGbu\/jVUrR3eiL1c6IakUs0it52r0dYwaejZx196xhYZ6vMrUtuJbmVJFaaHS4VXEovEj1ADGV55S8bxUf1y+E5uzI3IHGFJ8dlaJDGuQlxcHND3rBpSDvQdnbEpcECVlacL431ewMi7AXwZWnKvfYH2Jh9PUOsKLvqiolPPFDMjc1wsKISW87qqv4IOIqHDT8mx2kGz4sWBn1zxqZ1Bomc\/QjlVsAzMw9NZC2lsrUQCIQ\/GVphnmfnOqsVA60vSGn2Tt+owdTrn4oE0dfw\/sAJLKKrgaqD0lsowHXxC7pDgnVFoihnpD0i6X0j2LxCSAIXWHzTD+szkZ5B3Hx6QGN5+HIdKM6edcloeQSVf9wZ2n\/g4vEEgLtwW89pzRHAExemhM3h5Ijze6nquLxUBXyv5Vo4ZkacWIOc2z5YOu7u8MGcfn7rOfaRCXWuasbaRZETROtP31q0z3KvCZZwhhIFMq\/onqYkFLgiSjbwpFwRr+YzdGgQ189c8yB+26rT9MRAr2wzHKS5Ro26f0YoPK0exx6T2CvOwaguSHnKjGJ4tKeykvNFAc8XBWq8PsHiIvNlxGNjhZEhKvM3BqOX7cuMBwft9Si5YXFYI0+IPOwiJZAEHBeKDOcW6pyoQujphc7LkSJMbGgXc\/TG6cpERbwUAegtHrrHDfjWy8H7Urcd3eGwNO\/MOkfUh7zrt0iDJSsoI0XsXTTwsDT1+ViqRbE0gZRqCWIVT8cM1kut5+dfZLn7EaX\/ZP0Iv\/+YRMVHGH+lSNQEPgmxpJKdZO0BgySiGFLUFHeytzHIxt+UvpRq4Fb1\/Rl8L2W7cdwyuWKNLtgZdrQebHKp7BTUzXLcLtbuoZGhSvM54mFf1Djf3qQ6CElWIyeCRI7C3VP1XrSCSreMRYkOfl6+wkTdabdFknFTIrjMTkY95tvLYjneo2a9s\/YmEjVv5ILSQa9PV+nJ0fGYCnDZj3yyPdnJNrp37scom53im86rddu5zkwP9qzLKLv93GdzDz6zb8YnPsnq+J7imzmSOj8KQmpW5uOEKwSdsCvw7QyKxJRfUYCbJPwwJ7A3Hs4+Uqhv+VTaEVH2yapsQAPbOghSgHUll7\/oSfFzOr+JWjVkQrDPAGm1sTz2tELCkkxEn5Kvjtwplu62sdTn2lLjgmUkgxtw3MJlhx0zhcsEe2aqlLkgqq9a7R9lwdOwmHdWZe+FwJS+4b3fduPIlHaei9+rMkdB5SCi80fQhFC8r2WkUbrs6kXyJYSQWi655NiF2Q7v2S6X\/2iUWIppjALjm9tcwSUsrQklNYVFiE0Ncxg3xnIev8YTZTqccG2SfgF\/IWAU1vmcc6QUF\/GHVf84WgRy7yPItToHCh3cqQ4GBKMUq0BCtfjD4ejenrTKZ2Tgk\/qUaQ1ZvcVuMFSoLczI1fp8vE43GnY5udBWWl748mr5GxSDztxe5J0VTkG09l6OFgkyVpl\/GnCQptLTJMgT3Blpy\/3wVnZCJaQWCEdAPmR7iLMqzqGlQi2EfXTqYmTnw1McAA8WQWIW7MjKoQLRvikv8bG19+wWZ1DY7\/veCKzZeLwQz1mNcKZA0aU01CgrDorvXsuKidtgw9WdNlbf2fdMi11WWRevvX\/N8tyOj6BAK9W\/ousKDfGQZwhBrwZ8V47EWZbvIm2KPpBLmaHCWvCvl+WWZj2qlHcyzOELwBeJzp8D+Z4177vF81oxepSwozIePq1Xx9Ohr1uHTi3gGaeHnMShCGfMNA1j5\/vH+SPop6vlwFqtAWe51Ate\/HLJ2Bj5uiiwpF8YwVvR+whvRUHaMzGvj20H9ge83miUH6BxZnlKJ2ZokIfJAdZKHEGbLASuTEFDBF6WB1ulYRD9g15g3JSVDdMUxg2GYtcxyBHakZcZ8bKlAQyRE1Q65DvtO5rptImA38\/w08MBLU7RJl5qx46QF1QVOknhIjAEhFMRQxUc5C6ig4SIfllc2cWlcIFdVW8EUlIW8CrfKC3v1X+fna4DLVaNm06RPs30ir9sp0x\/P8pUwxxEKJBfchkPRAL\/ipisJ3vl\/GKhfy0XCOPgU99NVrwsl3TEkRGfLOqzjWxyt1k7dEljZfRswtkuykTKC5hnhZRJ+EqvN+YPb8nqaPoVJq6t7O3DPjx+L0v02HUiWkbJvmXFEVZZo1VkG9E5Jn5rXNN9N2MWQoxO6a2Jq9J7d7dwRIISat5WOI10+Wc1B1JmfcJ+1gNeYg8MBh9thEFL4wde90Azg8XzMeGUYQaacYlRB8vzI\/ppee5onDp6P3\/LFs8175Ev00CwOtYNr2RFDZSr2m3DQZrh63iHWihFeTVwwZyjcSLwvyZXNcNqrgojwA75VemuyK48Zs2ZhfAMVr7n2EZGgRd+1NuF6R41THQj1w6iaZhgk1CSMmKqo3A\/IfsVRl+zBkckd79j4FjLsvP21AtIsMcBIbBqshjkonjX65dJ8iNQvGNvdt5jkznlzyE8aad\/YqfvS6a\/uovko5JhRp3224GmzZVRONMYO4cg3jvmp9NRCMFR3r2Co\/qlQIwxcRuWSd3GCz+VaGSlxiLBxtO5cquEAYGkWMG8qUyRIyslJNyTUa7JESjSIOqs+vRQNTlKc0GNQWIP26Hsm0\/UB0t2QSlqjoWI\/\/6EyjdfiiwuE2hHWZJpq38MXAGsTBVvtotIOuMVKmC\/\/wOJL5zSouVXHI3gMlGxo13Yc1k1hgu7cn5hLy+eh9gM5ULYHQmMElIohA7U7YzUpcwMn7PiKsMIezXC9eCPy0tzFb2MR74l6o2vGcoQiLIK9Yx4F29GtHyGEPB4BxCMu2R7lodF1nhTTmDJ6O4hqSrKG\/Xanv2h5+FZN8vyIk\/2IusmgXFWZ2XB98XMU+iNPJ3VH2hADZsHlbezsAvlpYqhfht8Y6w4lQkkJBadwelphGQwQdXAFMTmU6qQfyfaXMqDA9W1OpTFk7NwmGpI6IJZLhzsCY\/\/aH9znF8sB\/\/HGJ\/eYBVntbiUkxexbgDiKBLjCcc5uNAdy7B5tG8cz\/eli2jtrZoPD3u1KhkZ5BDNIP8yI4kmrsG9GcZ258YnDhNDedXgp4cE197Ekuxt5KOFlxX\/XpUHpJcYFn6aR4AWpDjQ6fBeQdZkxYEAsww\/QoQ9Gemfr7dXweQSw8Q+lZ1XtX3u9d8qN6jR6WP+EBSoHAAx7SLONytEc6d9Am\/LBSkysMiKNCuyBtX2+Qrf0wqcYN19em1KmS9Zc6mKpcqX6a+yPI1xE5BBTuS\/pOfVguV+msekwwbXfScH\/P4Y+pq1GfyapYF4olfKxswrZeq1gcdSXprzxURVJbqzbXrlWtBr2eeIgQYSk8oNMiuyGzFN9piJ8OdVQ9vw70AnQRFuaHNFKySRGqUKp\/GsUx3A55NdKMxW+qwgw+dzbFfMx9hCx41h3D7XgXjheyZ6bkProTtukVUlAcgKU0mLM\/ToqKO3lIcbjoUqfAjS8iRhul\/bOBlFRiytc1hVvgrpJASPOHkE4cdlgMCmt4z2fFBFitK+dBMsiMFIz59\/vY7qmtpX0RGrX8F5MDo5I7MaM81NsZ4RI+V1XmIM9PHi6DMq383tGm+lHwqyp3+f3GEGBA5xhpdaVpWQKNSx2lpYyXFfa15\/LuTonLN257LWmGgEQuJ\/QL4QdcoPIT0Xhz+rmert9rz03XyMIcWgcxREQhI7G\/lWD3QBFe0Rh08MW5KBY5WzSepfVTeSgSKCoImNIW+L9hBuS0chmPZ3JUemhnnKJCuRKUKxMsV2F78yQ1vKU6soXlYNBTbgpsR1WtKC7lQzj2zEI3OX792yC7YDWSQq+Zw87V3Ux3Mdjrii0jYvjQUx0A9WvCHCm2+IQH9DSAubGITcdguot\/9qjHKc7VbRzdeXSe79CKcsZPptFW1LlOZSCVqNHuiZBjlcYaN1fVw\/YPmRyD75AtfAMg81FZ2xDHIHBXTecdZA6t01XmZ++nETJsIk7YFmkSe5es0MXy3jeiZHnGfF19pSgsUlqOQpcnQAF+A65i9vErXnCalPKblbnn7C7IS2g5zmbS518zDOodZ2SbCBdCzM4FIkEOfcJ0Po\/+xzKz57SnNtPyXTsONpt\/wlpzBikWdXs4VGPFsBXqa77LnLvdLd5YNcV1T8fp+kTnX6WqvkVZqVSJ3thQnjMHEfWI7lujZkYqtLMe0SURzXMZfkYG7e4LlalOpSLLgchd7MEP6mAvFXWWTfkLCQKIDZLZEsk2asOP3q722IA4pie\/gi0ca2yVVUdFCerqTLeKsSB0D1VR3XQkV1CfryQOLUMcErHne8MFPNO6zC3VO7k3BeG3wY9hRJ5lJ0ho+7GDDkthGanTL2DVPSJwgTo8Gqbo7yYE66proDTtEJ35D5XTwFoYr8EQLx1oCIeK+xGdI1qDueSt1A2f7daSIaNSr7O1VsmEDKui5uzfeYwwMsEvVAW5ZL0GzztQscdkuERBXSrBRssSGDohfm7qNkXiOZE0FUXqalNCBgCStpkipD5ZQ6pvbv+rnH5i6e69exROneLd6Ak50tR4d7m6OeHI7GXQ87GPFzNrI2SHuSe+aRTogv3MTwQnk3Ws+8+\/fW+eXNc7RTrNRsnzM5PKTfGvVm6tC3iz0d7SMvRo6PI79fUPU0KVZpuaGhV2VYr8bV0uRcsJDpOF+dD2fTKAFjOjqt4olwYwhZfteevJ4RqauE+FghimSuBQhDW0RXTXE8whHdxcxWlA1TKEB9842YFuG5\/pxn1zmJHHQwO2PtRxtQqROp1P8GSxMdLRl2AhuQ5fX1rooIDLkrmWBe88lrCz8R5sescoCQP2tDZYrpNKFCKS6NXcVkTrtdZyJslw9LiybVcgVINySLZQD1cY00At7JaMZ11NyjRJUI9qvZ8NWnZ+7EnrGZlAqjcdizhO2XGEF\/Iyj628JjjJn+ckTh5Uso9cZRUuomO0H0puzooKNht9WOWv+Zvpk3N3kOTvcuLUMjChusstLU0vMKXuCorCnLmTWmHPXl8qc3xmdrxvl58HXRTtbVARFSv7Pp+Mf0E\/4PkkhblbQgHPLA+zdkQaVW6h4ZBChwRIy83a9Gefbir7zlcqQ6jVy7fQsd3t\/L7j\/CueBa41dV5Ri0Vzk41xCTGvybod6+q2FuaR8nV4PDIuLpHL+HzsWog9SU55Gho6RMzfFv8ImbNr9OtzCWb00\/2+Q5vqo0vRrOXgu0JZMAeShfkMJc4MqmFVgw6KylNGprpQmMj6wrB0\/n5v06XstYlV1vPJmNFrFmIgla1JcMvppx8hU8Q9A8ET4ly3OrZUawEQozI0tjl1\/kCGosIWtCpEeqrBi67qPRtPIuuSd9QhImkHcWu+cYUXKYoKrMErF\/piAPq6qs5uRC9YaIMDSeLqzA8fxnnK30qkuKqkAeVPVXNGXqHOjVYYoIA0lZKEbttBruNxYfnKmGo\/40jhcqGqIBAs1kFEp12TKvw7XBKtPzXjsvR10IkrnoyshL\/CJqKmpao6l4pVnBtaUjOdtGdQL5fbK6aGsBamr7aSuEcTbrtpKgrHjft9FoS\/K3Yv9VxW11uWVRfEN7YTr1norAZJDwXKHoHw3SWUpztZobVPl1teUcLVOD4ahtyDJSxaLd1GaaJopgECH7CDzXdAZ4XdwZo3H7\/Czxzv5mmpiE9h5B9zopmmDN+RyNSvk5l0HFuFvNd0N\/8qQqo\/4O1mgoqKJyMxlE9ekBeyLgXWNy2Jhmc1HkimldyNpuDqXh2si\/m7Q2mBZa2sKv6qeW0tnC0qr+LbWiXu\/VbmlDngxqVZgVvcCKAkufUczSZ9yyRpI7sQhzzgESbN4Ud8Auq592OSgOT6BaWuS3S7VcXlkNy45lJkEFIlT4nWYuZa8o+sS9pGCkkxSMdJGCpfmkUkBPb4Fe6RVvFpP22KKz5ll06kSLzZhk0SETg3c8bX2xZCplSxTprV7LsxTy9GHbAC+xqwqwR0l2Nc7\/VLzZnUNPlEOY4JN\/5RKrC6WNHDNQ3Qr3S4qv1O7W7Q5zd2UuFdwWusAvaOoWLQMsjWejYeRuAf2ZNNn1EeZcMkQRvDNpuAXM7bfPz\/Xpqiwu5UyGR3ajPrW7UZ\/spizzGv\/2wcvP9n8CTZW9IX4V941sYMurTliWjSBYqit0JJ\/PKn98zOJcp1in20\/GZNheFMoKSuLUCEJ4VXZFie7rnmvDjOrDl+VVml2YLOTRQtz5ki+Ji\/4kbll2BI\/gJUPD1RQPb3eF02IYRjpSKEpGD08RTBKYfLlKAsH5XAiyaHIsFDNRbUoEoxYNXQOXPG\/5nG5KYjWSYIN0PF2mpeTluLCHrURMk92UZwuVKekftGTLPpLm3\/jmLIHCB4i82UcrQCl4l9bW0dQ9Ua\/gAh0KzILT8+hru7NlZ2ZpOvSox3cioB+elUppgxSoXJYc3LbwPOdUL+JLlMV2BP\/KYPX07FmO5VjuchGVzZFLkEMgpVVJpWZ2pHnU\/+8nNNdvTTm86O65y\/Pb9JT0YoIKKkX0xIz3BXxrjLPn78X8\/MEinJZY6iorRG4jJzJnSv6mfuwyf7397DRTi2cEtAGH+QknOcuoYbrJyQEjd0+Xf8+sk3fJe8WgKHtw0UWAyh\/VY8ms0IsomRWFuJ3Nwfacbzq3+4M+I+wHJJrSjoaKBzDLH+UPGYumpojie1Tklr8N9WR0AP24dDCpmaOCrvoTprE3aQbFq0NJt\/VcAFeTqEYi1buMqrDJ80e4gO66pzTmG6ZggtDBAh0clIdl+hRwwcpbp\/CbnJExmdnadGY37DheAa0KfngDr4eAbio8PUJ5DRZlwl0x+xNqHynZMqxWOMSKmXvZTHKd4auTGVFAvjSDym1GSz5kcWl7nh\/j8hLp8L7bH4L1ZfGF4tlupB9k3w2xZEGqbV47Qws4nyGokEP2DunzkEy6p9oI+y3WFsTLQTUTGzO+ecmv0jwFJDPpQJdHk5OXr1J7EhdljfLL3qlyAJd+w5uYfQIbo1qlNsjyL9dZlW771DacWIuAIAMXUBbC5fsf3GL7ToxsMzwcRpsrahFI+DwfbTUHduekQhVmMA+WkkPGmXQUdwqNnI5BqcEBde0NFik2DDcxljX8jxqCKj4a3XDOQGddSWEPWdCipKywvA6U87ek8DNOqaGuY4x3IPsLT6LzDSjf9Ktt6j+Ee4ovteg+5Crdh\/7A2ZqnZbkg34yE9P2BUH9SSN8fh67KB3cHO7Q4IS8oKRQN\/rvyzOFpX0e4Ct7lUduPRD25DjdqFRFmoo1KAmNyrsltILqK+nrPCWpayKn9m9Z6aJhEo7XXK\/wjYJHov\/vMpUR4+CLPrKcUdSmSfM7ir19awu4sXPY6HEvgxsNhL6SBsNG12OWZfSZ1gO8OBanl7kB\/pMz3j+Jmbsh\/qdfj9sw3k7skCgL4dgZFIlSfE4timwj1Qi16YZsDxRkkxi9crnnMEVJCyEbyncqug\/qEnyoe4TRLQ8RJm6J2yGj2TfrZ1bbrU6sF7C3LWdswWJtaNaGirM4eA0E5jgUQuJWHQ9IhC06MBsTWKNl3yz2EUkVjyz8YFZO+9YTKzwbtMi\/fFLmPGGrf7SKYlhVUPyflIsz5o\/q02GFJ5unoWUffOgbW2brkVplbaXa4VHB5NcXeART+fnnlg\/v0H7UeJMDCKW0sIp9avzcgwuzvl6UpA9cjtLEDeGsTnprRiM0gMRKLYpj9iIkQXc0saz4nYQFaA8LFDumJyF0mycU4I1EcMrfL2JubSwXeUjlPMVCat5qbWKZ17f+40fGVyVWlD0YqlNcnG4UQ1N\/dDDGn4lY3WP2NPVLSgpJ0nfvmhRQuImVdWOOIPemM23CaEQZvcuSytC\/CcxFq\/MNZZTofno\/KRef9jdQ4Bad75GlFXKMyT+u8nJq+Z3q+\/ubErHc5fnQC1jlHCn3PWTZTkOMkMfrCv3vTHEFtJ4vn4oaEc2p9DLpyYH4LAt2YPuAuWiUyi9bsYalewGpZHb7\/8EpTJbp\/086Zykm59WR6DW+zkfOCyhILGlySgpEF24xtpBEkzwuUfL8Y6mEkiLZudZhBtrzw5dXyscPZXnS9W+HwynX4crQ2SChVbQT2LpN4D5p4JHafm2uK0So24ABl+UkFf8UxcbkjpIcKRPumvMTHVnG4W5xBYb\/ve1ltbDh3kPFstZCHu1iQUU+vma4Air3na024o6MwIpvtq9SS35S4CF0OUwxfJmS8Znlux0eUEra9OBFZVXUyCXHyZ1j0WgHbD7AFzOmM4ejUoNK1zi+MxsCsBPKNDMJtrmm+WmOkWQnkEYSxVqqHpBB1WlS9ZF6tkk09mPzlSm2Bgzdh\/z0SJVCzHKMVCoxQzulQXUW0+p7JH\/Rx2oj3avKPLEg5gc\/qLcWeeqi2zuHwb6lrqRgrrmFpXF1C0L6p6gHMKYL5z6YxQEtnJLJMzw5Wn6RZXIUMrKih8\/eOLxVagX9Bfe1JZUR8A3JlD59XXQuCHCN8xAOnW\/8o0Z1DmvVZZ+sTkqTi67TCrtpqJOZyr2N6Hv4mBEEr83FKJARdYaqbgW8Y3E2pg1HI1Q9SRqsdinx12klKKiJvnAQeqDrPZHORFxioarlDYEsGLPWaWmpVgjVb9xoEMvqKWr+pJLCPIPOkgoHgq64\/wMEPJc2v9C5Qs2sKkSW\/RaMVNcUkeSFqim5yVylXy0WhGDLQmV0WloTFVA37e\/lF\/3SGNnWG7jbl3s7Q\/WYbOUMjy6dB4eTJpb6NiybPsY7doxCyac2V+mQX5SGfXFnaHxNz\/OV9snIapF+7jSR\/U7vjaDV2d6\/A\/F2LSrczHK3r3L43r6Ry+\/F3KqlMzOc3F9\/df7+yuu36DCVr2ylw6ksjB8r6hGEoGGGdfnNWLb4fSkuTv1wNUqTiFxcRv7pz8OwM2iyl412mSvdxWWGg71G0rh\/U584XZjRzu6zyohHo+TnbJaCI\/1svHjz89rDX1wDXFkiYbmMk4\/kdHbMv6lH9D89zvQfVXXsdz0E5Y2SowucC6ItMUMz2FHmCgJ6V5LVfssUln3l9tN\/n2fSKv374y1Lmzt+5PWloXARqnArepFwoPcjnc1lbY+8U8GCQuI7\/ROURxqYW11QLHR4NdVIu6rukMvQKcNVuJZzpVnC48+dUclMM91DeL+fxlKXU+6VPrdOKJyI\/airBWQ3mIz1qq5y4o5ODt1t4i38sgpvEltEdrqv4OomemRzeXFRPSSzGXmBURMlTlFCi1bxaXrsrdpSC06eHjpGcWUOJgXUsq+wvFFSqgNZp6YdsD\/P7iquyrmfWZ2LyZ10FV4Vx2StYasFehRT7NTyDCoU5dAe3zz9nSPsJ4EVX5klMnD+jwIcAVsKq4\/R6XVLIfftfu84SqMyzP4DtsvLt0qyqG6QVzpOrTJx3xs2Opzouz\/AuTpq9co2xH\/uGwYB0tU\/TFGj9+AerpLnebWyNLf3z5DqnpgKrIzD7yAwZpkcsGygxGQsO2jq+JkRUNk15kuvTzMYtr3BJyPhrlTXo8J1KdC76vqt8rzTEiJKtN6virGFMHDUf5K6m2Qchb\/qY1ktJi3RaS5m7EcMgBcpQgwGxRfu73CovGO\/Fchhjfd1i6+AWvmMk5agkeh6i4MH9LTGSwmE4ZUmi5MilaC96VuJ1vCUKJaHLGKuZoo2y3DbNSEip06iGJSkbmnvJYIX8WN9VoQkT4dGc1XyLlcG4JVxXp75eyV0OWQAcKzXOPlVyNT6NHrxZXYYsKNcKVnG18RtPyPT1TROaOoNTG6tzsZLXL9OMAmmZpwlJ5KtgYl09xqeAtXgYeb2hTqX1H2+6zDHYTp8nC3Oe5XRm5nFCT8lA1bNXFP3zuaBLQ\/3qP1\/Z9XbUH1l2He3KD1Uu3Zwd+i51y4d+pCWTtZ\/o0rogmjOtUnv3xVW77NIvX7Eu0bhcegdZVm3bzCI6q5TxJGlMUxdJGSN4qYzM+2w6QURtflusPBTXwRaIYSTPXtrxzTIaiJmepWV1eeJjGLLoL6d6NN3Dem5SakmzOZOOAvrALq7f169dN5aGQffQ2J48cpYw7EhveXWXk2tQdedBXehL5yRjskHIIZ6\/pfS5i7+pIfU+gua3A\/JPM08lywcmq4uh9i8JGv0haH1yOvIuBk1Td41Pg66N5zKpLNa5rtyl2lrP5qAp072H6t6pCggakYEHiKczB99VCVb7EhCzsu1YGmZzatk0MZDdPBRRdnl4uqhyxizjLv6xsN39lAqSnsUMYDktEF1i9htNSkcxKtoA6OamfFQSi6S2twlcYRefPSNYtot0NQ2OxXj0uf241d6Xqd28n+HVeIIaIN14hohh7fhxdLEM49TZQw2iVsUwWx\/xaVbovRytVYBDcSVWlZUGgZr8KtanVPmbizKSPEXh95UY6ety2B5nP\/HIab0dOZrMhbLqnc8GTw1jwjYGqXdEkKCYoWFa+\/LMm2pF31SzPJgXvwrey3uT3PD16fuXM6tPH1zOTD4pWTmzzgpqtbTL6iJjrS6c1BpkCEv0ILul9Fh9mlZ6rEuJZWnzPKmfWloZ3NI621paeca8fB5TMrFbarPCjJKQZRvdazjIVxV7+E+QtRxZiU8n+48RHRB6B75ljcFrtIiseS3OyxpOEaWJHSE7nWBVZy\/wC6UjSbM3mAwZDIYqyVTyN3nihJdXPnNC8nIcDWcwc4XmByxJ4UEGpcvGYCZOSbsiOTo0wKfCumW3FOwQNq7QGTkMoWmr0wkdSPmAngdyEaOFfaIWrhMw9qMJK96NCElUVqeBWM5eKnSKSMWRdtGXsp2kqlqoAsAEtSFOjSMLC\/vvTyQkjDkjp6x4CgO6HtvL68LGwYmq2LXW4Fd\/uZqdNkEKGjt+yop0CmXlyDCnlHCbgBsdZEWqHJNPFedFjB9FWX9nKHPGeluj\/fk2sVqiUCKPKpwzIPmSak3r9oYVNkFdDxA7KyytdegokxTNHoZRpJSKn5X2wt56ZgmPkLCv0trUo0FOSvokqScaN4TzxCokZqR6orO6SwSytcKpqAziR9Va+1OylMdz+isS0Gn1BG9om0CN2YS7E7VdnVjeWkOI55LMQCJxT8MKehlpbx9wlDpQUWrqtnPQPYeuOawIQ7VA1Joq5WJ87tAJM4\/WkJB3aS6uKoEzaW0lpXSmgOOzBHuqKgWqe5hPA+yuJ32P16fP\/yZ1uZrEFSC1qxGeEOcLadZ\/hCkbT8CUAHEGNKqEHZKgXyYVY9ANn1Wu8h5zs6EtnhVC5Mi3Ncw\/s6b5yZwaAoXOQ5uucVAlLu83RSbzIapE4YbOUDyHL2wxe0v0+YKsYOSylSA\/khqv7TWx3U74uNdx0syr5yjooZADAb+O6a8m0RuD4Ua1oNSDpXJWTajioYKHWBDZOcdZQeQ8veL4C0cfJ3\/UXxKeI4hBs4O55aJG1\/0vi9+63qncDObB\/vzqkb+PoE1zR60mryWjyg\/z3U0UtAfGTrZjgbwaLo7BoasSavKC4xM\/7abAaQ9pPMRmYPuUvT1lxaKuDpElZbMWofOLReHsclKf+YsK94lpq+PfcPZsz7wMmWqfsyQfZW2X1zsiFulwkJY61QVTUdXc2KtmNiWH2VOxgjxJoNvlhqserzD7dytHtLoPD4OpjEDa1jxno52YaOoS3PvkjIzGGdfsZp7LPkivOWGv2ybqKsPTVVj85l5cuxz00VOz59PfXIxtktkqolvhlHKrFVa9asVE4W9HWWXedVa\/LO9FxOWoie8wPGzEPTu8592wlfdQag4CHLouCfXEd8uNprt7KQpMsxdNzMelIMPKvwcKKkq8d+yBEDGaj7wjcJyj9WbQ0rTZ4waGEWW5owyvry95U9Op2XHcRKsfGq3Cc6fcSmxQ4R0TvLbzm+T72X5Dfi+o0lS3p8Ma6fGSSwthiXlQJnrrm3he0LM+lFc9XyukrfhBinEEo7nnjAJJ2LXoQvsMvDbN4N1cJHaa4q874wa4L1eDy\/L3G\/udT+moV08ii4LVmeUm6CY1anz2cuGq1qorrukKsvlLHVdqqpjQjZlWgzpaLzgNFJHzV15OGiiyWrAjeDhiw6Gn+L3jBXXLhXmE0QAlb\/zuC5ZqzJk0LDlvt7zOKRWlCnihQ7Rm5NlR578ac7bEwU+Ew1TYzc7l2Y6u4vpPzJ3NJXDwJ0WDdaPEuRkmZAK+OY0D3fGEiIPogMujvEBLDEMfL5w2s9Zt6wARTWK3zuVZdsGM4s25HBLHmVUBpT+5KSHcueSyr5mVB56X6VzojKTwpoV+dTZv9YE6a23EG5lmilb+BoLY3Id2jAXBSnIwODRz+R1LXxmbqXULKVbSGyau9gUfPsUWHB0jISkbxKDbqK2C60zP0JqRJRbinLADBKGAL7Calfdz7O5FbN28VJVCyPCsPGE6ToqtLCZeJEIuja03h2FDDuum6Q2zIpERYeOc+QOLiguhiWfcVRvwce9tXQJlAC2LVhvVtkzPOo07pxTC4mGTq6wFQZ0bou\/M2DO9m2m3LZPBEl82s1pjGjBYR6y7NQL61tBl6RaCMyXmzpD2dPhlYS94P4fvWFTB3J2Js77yiesFgyqu1idPeo8VBFmOP+8CzTTJ72lfqa5pALFwatQ8Zc+R1MHbZS3SgFNxY6aEwgzKMssbbWWWWmZ+rTJk6gTv4cxHkza925yKJeKC+Tdyi4Ly1fmlpT8systkBacw+SNExT5eZcEQ6znXHmeY49IWUBYhTcEARaZ85uKrmwo28dE0KFY\/YvtwVfQ5SpHmdDdLkh21JXRRJOZR9Dq9EEoEwJpSkROQ3KLHbJ7oN3SH4zJcADeVItGxa7g06UByYX7+YlHvw+IADjD5siTcO7VKVD2TqZ2SOHIN0fNHFnv0KEm9GFfC3Y7d0umMTHSZsyluWSOT3R1B\/dQH8eE0Olaf+mbJRm4sr3cxbt2F75g1WZzYqR2fNxvCUOZOelHds4LQDF3tpboaZdgJAjHDTjhiXE5rheb6qgxlMTB9jMAe5IAbwtWQNvdmH1OiJWKXjLiG3Fg3SZPzAhM00SdhRpCM0c7J\/f\/vaVtirAGcRgIjq3OzBYXq3ADwFMsHnXRgQpoRcxGybkCTxRIvI40sIRMbpPIFR28d1hV2J98NIfp2P5u9nSo\/MWqwGyQbYXk73SIpxgOLpFdeaFC1jZaa7hw5imC3zROrquTuKqvJwJR0UpduBPG1C9PYAxNJhfG44+WAqnyd5i84WdKoytd5jKNw8YZzdF7UHS612Ylelo6jrPQ5hnxdupnRQLwxQNrMObPM9BRiYz2qo4g5Kd7sMyQgohzC5Mvi+QyJis9+m3BRMaK2c++eGE87jYAwc\/XJs+rTQw5fIMprLCrNw82c6NqPnfMZ2ocLyvJh0cR2OQmZW\/4R+xD9eclgQzMHesXcXZSQHzbWSYG2cjfKKatytwCXuzGn0+fALpQ6qw3flcWFThN\/06a8xEfsNjBSi0us0Uw8EwgtvM01gea\/MOkn9yKWHrVly+nM2cpyeUVXCBb\/+unhnIPi4QuXscGkbKaqhxwUuGgMm7lsb1rAU1RaeqNlWmflg+wHKk8rNUFK7AApE3OolgqJYpzNnNUUgbeO49GsNm8uUwSYqKvwEcdQtowU+bNCu6OqN3OOALqvM1Tta4JD8jkuqwJWYnENhcqt96qQ+1qwnpHUsN1RrFGMj7AIytF58tEpl290HPv75Z4\/I0WMwdiNF9EzHfw9yuCcNRlE5TNTHywVmPxFpu3FJDf7Cx\/ebjfKN9PKsedDxRpcHM49XeYvoMp5qFY2uAYVcTT1xanLQizuMiWB5zf10rJCjMkyjNUD4Eo5iElLtcmpJctBV9nrIuyIrgcU769HWEF92WFZhWFpSWJpHVlN+YRz3tJSTK6Rw9xXqNlD8kJ\/2w082nOwUvbwnGSngRl+djbqN49lc2UHQa0c1\/lzuB8zwdjn4moWenAuFnFWxchhW3m1KJan99\/kxxeo+0If0lnOXYRIUjTihsP2eEbJ++xWDUO6FwdJkU12hMgTt21BOPRHmWGtxKVIpjjynAtiGWvXT0UCC1Tl+pg13TIb7rKSDcDwMM8u2zgBnnHW93PBoauvKgZRvp7vW\/bOPKhrWs24iQUbNPOdnsv\/LM0PzJi+hwIVncrYU9q32IkZ3pRkIIuMZ1mFTGFcHl1tdSjaWEJ9t3A3zqk1Rd9mrelHbRAqSiQE4Lrv\/\/PTQ92UZ7tPJ1s\/fBkBN5KT9Zh1mVijovvt1OdpLWD32x99xta\/jt1vX8vut+b4Y2RxHfwOu\/Csj3LHFrw5kKELfWZhv2uFiT7AiYa2zsvruG\/01ERz5uYSOs0bpRZZKswogiqZsgfrfAoXv7E8168Lb3lD3hJJEsgRFwiSyCnAg9EK3xh6AT895EjX8UAnDTEK2vhhtopI\/6zt5YbN0ukYyAAKUFXl65eeWacvIxRNJuFifb04Imdx1W7OxMNHEfw5lo2e\/W63A2kDq2svPj08aNPRUoSk88bQ1N+ewnQpNGqfJSWRemNvb\/Ias0P6y\/2UCjISlu\/Xq7ws2NCqPzAjDke\/DmFEPcRr2w9yjunK8\/COMtOhonsm\/nq9FcjxcoquWpZmrFATidI27bDVdk1w4UJ8IIhUtU\/OED2txV1V4egATjI8TQ+yjR1jNltCg3tEVwH57To9N4ox7Kmh5IPGvT3rxrHlxZudQHhGLD\/Se3a0rynPnMMyKaSsTpnXAxqRWRgJJQI1RKMckl8yfeJRkJJzZK1Jg1IgOYKsQuCW+pkeudwPCgUyyfrA3yeMSWLlOCJj+Ox68KSpHTYxj0Q\/bqb0pVoe7FfRKOWEvkdwnVoaHf+dwLis2mITlyKBeFP4RyoK3W1iT7Lwdz2YHqElcp0BNaMn18bLTc78QIP4Gw7q1+tcDLLf5F4xfofXFJ7P7kNeJbhjSqnLUxnrjyTXuHki9kHHuNR5Dq+2ncN2ZfviIFnbIFn66SmER\/GfylcSYuXtSqp1MyiKeA\/\/YxMFRg4Xv1qK9t0ugmlZQfVzwq\/KLQ2K3nZYH\/109Kyjb52tMrcuuZVnVpJbSWMliZVmME9q2FjEkXspTZ6jB46BLo3ix3O46Dq8Ds7pZtWucrgwV1kNo4suTVMWFrCy4nxprDZRbVez5fcGRJit\/7I0JS891huTkxxKs2ib5MJYLVV\/yB1Hc2jDSI5B9iFXPDgq2mEOVLCSr4Z1PeWDHDRSsNdDpb0eCtbdb0mvkcqa7rdz\/1uRd3ooMu12kmRKZJSigmmkrqhyUdmLYEACxQdCwhgc0svVG\/X208qVK\/pSlBhCq4GiBwS+QlBWbR15Ed8c31rNpb5NN95znkYMDlWb3XyYCFWFcMQ29rf3qZiecMtQkhvLBTJiADe+c\/E0W692rHf99FAX4FwfywY5CnVjxiQ4AfURJqpdrT4wW9CE+RzL11Gq2HJRjIZoLFaQgF6U+XVKvUykTrHTrOnKZuKE+fLSmdpu88ysW+zew7I8IyeJ5LL420OqOsTlzzNH3oLVLHJ2FGvF41U85yCGQt0IpqQAh7OkgZ0fypYuzou61LkhZ3ZZWJLJd+xn2KfLM7\/+bEYTYkJSfZYPYLECRSOMVRhfLbnK8R8U95xDVKJlLOOlKcdnH\/LrmBRgTm0QrZ54lRnkfWwBX43zfBgk4QrZBOjMnjofdYmNyknj2SOZy33cV6Ndui6XzuTMTu33C8zac1lHNvz9xappyGm3FUzdpMGD+gkPAFtvdvERxl9hslyOIu6E+1rbEbnRX69j\/jsITnE1cfPNoZ0XYhFiLz6K+Vt98\/ytCv8xRSEVNClJ9TD12bjPYbjLOWhXKBjzsLPr+AhPcLfApshFAqqviqVIQAMns+EqWM1sYuUupzHxqvuvKcyHoPJzlGKGmHchHEto+OMgzapHGpPEuxNuvqgp0H+ySCh47zD7uVEqMKKmQOmlxELqLJENdQBuofPo8ySrQZTDRE5Zu6djuReN2Zt+vdsvlETqIMVl9ev9EeCja8c\/aUu8k5SFPXaCqmn\/LUVN8hosEvVLBj1TuRKZjhHckW5Vr0gV5LZ7Nli7CWk8jRJzsi8JqDPK9LJZx8zL5JEyjz4Kx7R85+XV8jeqso45tE8gK7S9cBVBzRntl8kiCZ\/l2Yh0Y2JlR7B5hbAwSP57r8gGhDzH8rW4GvlPjunbuMoCfao\/UJ9hjM5Xk5W7hbf4x8KVRC2Nllim\/VkMzQpkTEQ1dCoT+OnhkJcROhJ0heE9G512BoX9roN3B5W4rdaJ4y4WZNbXkWLVv+xNMu\/hE3KeDmt\/qRH6YNNAu+yd5wL9RG1sQN22FApInM414ULUt4cKNFoHfiM076DlktAqngunJAZPBe4rAwTJEMsJbumusSB4+voZyzVYA5Q1RIsP8nJ5fYFxU1Y2TNNue+w6BjniYkhnSoitv98RnOGnhyorDg9fPhMHc0VXytUn8xZHou570UJvYdJVGDrQ2u8Js6RaE330ghIo8rPHkfvslupNGf1nHzOYu26Sfiboe5PP+biF89t+NhIiw4Q27kN3mNQxIUKUx2h0pmBqMnVRxMQkgnmtLaYjjXw3vLxyGWTsf4RcftKmj7qnUtLZbiDLK4sLgs8oskJt\/nfUk\/m8kxPaF4lYJ1peFNF2igX+qyxPWud4aUgqs3C63LPecqzGkWZclDSkdpFHM82BjiNrFI4TdlE2cH5+Pm8sP58nMVQyWfkWv7LsLao2jFNFjMYt\/jCaCQpddRvQUnL066eHvAQJJuZiihshAaWqkC3VLhz\/lYoF3CVZ9VQ1+XJ0YBRMPUgJFFhVZfXwRXTNFt2xV0qszRJoKs2xZkJWoOBFDDq9\/dSatSqVIS7wMGqrJTLgIO2pzJX+DVLeqP5Gz20frzNC5jAPUjRTPTS\/KZ1nxsOaxcWd2VmT83WLeDutP9ENRRX2rBpBrqjqI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:where([role=\"tablist\"],[role=\"toolbar\"],[hidden],button,.nx-theme-toggle,.nx-live-slot){display:none}#nxe-n1rvhcsk.nxe img{max-width:100%;height:auto}<\/style><svg class=\"nx-defs\" aria-hidden=\"true\" focusable=\"false\" width=\"0\" height=\"0\"><defs><linearGradient id=\"nx-gi\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-giu\" gradientUnits=\"userSpaceOnUse\" x1=\"0\" y1=\"0\" x2=\"800\" y2=\"0\"><stop offset=\"0\" class=\"nx-gi-a\"\/><stop offset=\"0.55\" class=\"nx-gi-b\"\/><stop offset=\"1\" class=\"nx-gi-c\"\/><\/linearGradient><linearGradient id=\"nx-gp\" x1=\"0\" y1=\"0\" x2=\"1\" y2=\"1\"><stop offset=\"0\" class=\"nx-gp-a\"\/><stop offset=\"1\" class=\"nx-gp-b\"\/><\/linearGradient><\/defs><\/svg><section class=\"nx-scene nx-es-scene\" data-scene=\"text\" data-ground=\"none\" data-es-org=\"gra\" aria-labelledby=\"nx-scene-title\"><div class=\"nx-scene-intro nx-es-intro\"><p class=\"nx-eyebrow\"><abbr title=\"The Global Risks Alliance\">GRA<\/abbr> \u00b7 Capital Markets Nexus<\/p><span class=\"nx-scene-rule\" aria-hidden=\"true\"><\/span><p class=\"nx-scene-accent nx-es-sig\"><strong>Spatial finance<\/strong><span>Where capital meets hazard, exposure and transition<\/span><\/p><h1 id=\"nx-scene-title\" class=\"nx-scene-title\">Financial economics for capital markets<\/h1><p class=\"nx-scene-lede\">Financial economics explains how prices, risk premia and balance sheets turn shocks into market moves. In capital markets it is used to decompose yields and spreads, to model how leverage and margin amplify selling, and to trace how stress in one asset class reaches others, with each estimate&#8217;s assumptions and label stated.<\/p><div class=\"nx-actions\"><a class=\"nx-btn\" data-variant=\"primary\" href=\"https:\/\/globalriskalliance.com\/capital-markets-nexus\/write-to-us\/contact\/\">Make an enquiry <svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><a class=\"nx-btn\" data-variant=\"secondary\" href=\"https:\/\/globalriskalliance.com\/capital-markets-nexus\/stem\/\">Back to STEM foundation of Capital Markets Nexus<\/a><\/div><\/div><\/section><section id=\"nx-s-1-sec\" class=\"nx-section\" data-hue=\"finance\" data-tone=\"alt\" aria-labelledby=\"nx-s-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">01<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Register<\/span><\/div><h2 id=\"nx-s-1\" class=\"nx-section-title\">Financial economics for capital markets on the record.<\/h2><\/div><div class=\"nx-section-body\"><div class=\"nx-es-fig\" data-es-layout=\"console\"><div class=\"nx-hero-panel\"><div class=\"nx-register\"><div class=\"nx-register-head\"><span class=\"nx-eyebrow\"><strong>Method record<\/strong><\/span><span class=\"nx-eyebrow\">STEM method<\/span><\/div><ol class=\"nx-register-rows\"><li><div><span class=\"nx-register-k\">Method<\/span><span class=\"nx-register-v\">Financial economics and macro-finance<\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Steward<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/financial-stability\/\">Financial Stability<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Applied in<\/span><span class=\"nx-register-v\">Capital Markets Nexus<\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Data<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"#nx-sec-data\">4 inputs<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Checks<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"#nx-sec-checks\">3 validation steps<\/a><\/span><\/div><\/li><li><div><span class=\"nx-register-k\">Canonical page<\/span><span class=\"nx-register-v\"><a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">STEM Commons<\/a><\/span><\/div><\/li><\/ol><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-1\" data-hue=\"finance\" aria-label=\"Application, Exposure, loss and capital, Data\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Application, Exposure, loss and capital, Data\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-1\" aria-controls=\"nx-sec-application\" aria-selected=\"true\" data-key=\"p1\">Application<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-2\" aria-controls=\"nx-sec-audience\" aria-selected=\"false\" data-key=\"p2\">Exposure, loss and capital<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-1-tab-3\" aria-controls=\"nx-sec-data\" aria-selected=\"false\" data-key=\"p3\">Data<\/button><\/div><section id=\"nx-sec-application\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" data-variant=\"split\" aria-labelledby=\"nx-s-2\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">02<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Application<\/span><\/div><h2 id=\"nx-s-2\" class=\"nx-section-title\">What financial economics and macro-finance does here.<\/h2><p class=\"nx-lede\">Financial economics and macro-finance study how asset prices, credit and financial institutions interact with the real economy. They explain how shocks are amplified or absorbed through balance sheets and markets. In capital markets and investment and financial stability, financial economics traces how physical, health or cyber shocks transmit to credit, sovereign debt and markets. It informs <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 macroprudential\" data-tk=\"Nexus risk vocabulary\" data-td=\"Policy aimed at the stability of the financial system as a whole, by limiting the build-up of systemic risk.\" data-ts=\"NRS-C1\" data-tr=\"draft\">macroprudential policy<\/a> and the pricing of risk. The canonical description is on <a class=\"nx-link\" href=\"https:\/\/therisk.global\/stem\/science\/financial-economics\/\">the STEM Commons<\/a>.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-cols\"><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"8\" cy=\"8\" r=\"6\"\/><path d=\"M18.09 10.37A6 6 0 1 1 10.34 18\"\/><path d=\"M7 6h1v4\"\/><path d=\"m16.71 13.88.7.71-2.82 2.82\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Yield curve and spread decomposition<\/h3><p class=\"nx-p nx-mt-1\">Government yields are split into expected short rates and term premia with affine term structure models, and credit spreads into expected loss and risk premia, so a repricing can be read by its source.<\/p><\/article><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"12\" cy=\"4.5\" r=\"2.5\"\/><path d=\"m10.2 6.3-3.9 3.9\"\/><circle cx=\"4.5\" cy=\"12\" r=\"2.5\"\/><path d=\"M7 12h10\"\/><circle cx=\"19.5\" cy=\"12\" r=\"2.5\"\/><path d=\"m13.8 17.7 3.9-3.9\"\/><circle cx=\"12\" cy=\"19.5\" r=\"2.5\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Leverage and fire-sale channels<\/h3><p class=\"nx-p nx-mt-1\">Balance sheet models trace how a price fall raises margins and haircuts, forces sales by leveraged holders and pushes prices further, with the behavioural assumptions written down.<\/p><\/article><article><div class=\"nx-glyph-row\"><span class=\"nx-glyph\" data-tone=\"accent\" data-size=\"lg\"><svg class=\"nx-i\" viewBox=\"0 0 24 24\" aria-hidden=\"true\" focusable=\"false\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.5\" stroke-linecap=\"round\" stroke-linejoin=\"round\"><circle cx=\"12\" cy=\"12\" r=\"10\"\/><circle cx=\"12\" cy=\"12\" r=\"6\"\/><circle cx=\"12\" cy=\"12\" r=\"2\"\/><\/svg><\/span><\/div><h3 class=\"nx-h3 nx-mt-2\">Market-based systemic risk measures<\/h3><p class=\"nx-p nx-mt-1\">Measures such as conditional <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 value-at-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"The loss level that will not be exceeded with a given confidence over a given period.\" data-ts=\"NRS-C1\" data-tr=\"draft\">value at risk<\/a> and marginal <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 expected-shortfall\" data-tk=\"Nexus risk vocabulary\" data-td=\"The average loss in the worst outcomes beyond a given confidence level, a measure that reflects tail severity.\" data-ts=\"NRS-C1\" data-tr=\"draft\">expected shortfall<\/a> describe which institutions contribute most to system-wide stress, reported as estimates with their sample periods.<\/p><\/article><\/div><\/div><\/div><\/section><section id=\"nx-sec-audience\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-3\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">03<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Exposure, loss and capital<\/span><\/div><h2 id=\"nx-s-3\" class=\"nx-section-title\">What financial economics for capital markets means for exposure, loss and capital.<\/h2><p class=\"nx-lede\">The exposure, loss, scenario and capital views a risk officer, supervisor or ministry of finance would ask for, with the frameworks they report against. Structures follow supervisory and actuarial practice. Values are illustrative: never prices, ratings or advice.<\/p><\/div><div class=\"nx-section-body\"><div class=\"nx-au\" data-au-voice=\"finance\" data-au-n=\"1\"><figure class=\"nx-au-c\" data-au-fig=\"capital-fiscal\"><h3 class=\"nx-h4\">Capital, solvency and fiscal indicators<\/h3><p class=\"nx-p nx-au-what\">The indicators a risk officer, supervisor or ministry of finance reads first on financial economics for capital markets.<\/p><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Indicator<\/th><th scope=\"col\">Unit<\/th><th scope=\"col\">Who reads it<\/th><th scope=\"col\">Framework<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Indicator\">CET1 ratio<\/td><td data-label=\"Unit\">% of risk-weighted assets<\/td><td data-label=\"Who reads it\">Banks, supervisors<\/td><td data-label=\"Framework\">Basel framework<\/td><\/tr><tr><td data-label=\"Indicator\">Liquidity coverage ratio<\/td><td data-label=\"Unit\">% of stressed outflows<\/td><td data-label=\"Who reads it\">Banks, central banks<\/td><td data-label=\"Framework\">Basel framework<\/td><\/tr><tr><td data-label=\"Indicator\">Solvency ratio<\/td><td data-label=\"Unit\">% of solvency capital requirement<\/td><td data-label=\"Who reads it\">Insurers, supervisors<\/td><td data-label=\"Framework\">IAIS Insurance Core Principles<\/td><\/tr><tr><td data-label=\"Indicator\">Combined ratio<\/td><td data-label=\"Unit\">% of earned premium<\/td><td data-label=\"Who reads it\">Insurers<\/td><td data-label=\"Framework\">Actuarial practice<\/td><\/tr><tr><td data-label=\"Indicator\">Protection gap<\/td><td data-label=\"Unit\">uninsured share of economic loss<\/td><td data-label=\"Who reads it\">Insurers, ministries of finance<\/td><td data-label=\"Framework\">Published loss statistics<\/td><\/tr><tr><td data-label=\"Indicator\">Public debt<\/td><td data-label=\"Unit\">% of GDP<\/td><td data-label=\"Who reads it\">Ministries of finance, IMF<\/td><td data-label=\"Framework\">Debt Sustainability Framework<\/td><\/tr><tr><td data-label=\"Indicator\">Gross financing needs<\/td><td data-label=\"Unit\">% of GDP per year<\/td><td data-label=\"Who reads it\">Ministries of finance, investors<\/td><td data-label=\"Framework\">Debt Sustainability Framework<\/td><\/tr><\/tbody><\/table><\/div><figcaption class=\"nx-caption\"><span>Source: the frameworks named in each row. Indicator names, units and frameworks only; values belong to each institution&#8217;s own reporting and are never shown here.<\/span><\/figcaption><\/figure><\/div><div class=\"nx-chips nx-au-fw\" aria-label=\"Frameworks cited\"><span class=\"nx-chip\">NGFS climate scenarios \u00b7 Network for Greening the Financial System<\/span><span class=\"nx-chip\">IFRS S2 Climate-related Disclosures \u00b7 ISSB<\/span><span class=\"nx-chip\">TCFD recommendations \u00b7 Financial Stability Board TCFD<\/span><span class=\"nx-chip\">Principles for the effective management of climate-related financial risks \u00b7 Basel Committee on Banking Supervision<\/span><\/div><\/div><\/div><\/section><section id=\"nx-sec-data\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-4\" role=\"tabpanel\" data-band-tab=\"nx-band-1-tab-3\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">04<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Data<\/span><\/div><h2 id=\"nx-s-4\" class=\"nx-section-title\">What the method consumes.<\/h2><p class=\"nx-lede\">Datasets and records used by financial economics and macro-finance on this platform, with the role each plays and the label its values carry. Sources are listed in <a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/capital-markets-nexus\/research\/sources\/\">the source register<\/a>.<\/p><\/div><div class=\"nx-section-body\" data-lv=\"register\"><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Data<\/th><th scope=\"col\">Role<\/th><th scope=\"col\">Label<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Data\">Government bond yields and swap rates<\/td><td data-label=\"Role\">Yield curve and term premium estimation<\/td><td data-label=\"Label\"><span class=\"nx-chip\">OBSERVED<\/span><\/td><\/tr><tr><td data-label=\"Data\">Corporate bond prices and spreads<\/td><td data-label=\"Role\">Credit spread decomposition<\/td><td data-label=\"Label\"><span class=\"nx-chip\">OBSERVED<\/span><\/td><\/tr><tr><td data-label=\"Data\">Financial accounts by sector<\/td><td data-label=\"Role\">Sector balance sheets and leverage<\/td><td data-label=\"Label\"><span class=\"nx-chip\">Published statistics<\/span><\/td><\/tr><tr><td data-label=\"Data\">Equity returns of financial institutions<\/td><td data-label=\"Role\">Market-based <a class=\"nx-link nx-term\" href=\"https:\/\/nexustandards.com\/standards\/nrs\/#nrs-c1\" data-tc=\"NRS-C1 systemic-risk\" data-tk=\"Nexus risk vocabulary\" data-td=\"Risk that the failure or disruption of parts of an interconnected system propagates through its dependencies to impair the functioning of the whole, often beyond the sector or place where it began. It arises from\u2026\" data-ts=\"NRS-C1\" data-tr=\"draft\">systemic risk<\/a> measures<\/td><td data-label=\"Label\"><span class=\"nx-chip\">OBSERVED<\/span><\/td><\/tr><\/tbody><\/table><\/div><div class=\"nx-live-slot\" data-nxf-slot=\"data\" data-nxf-kind=\"data\" data-nxf-resource=\"nexus:\/\/gra\/A05\/stem\/financial-economics\/#data\" data-nxf-title=\"Method record\" data-nxf-height=\"520\" hidden><\/div><div class=\"nx-live-slot\" data-nxf-slot=\"evidence\" data-nxf-kind=\"evidence\" data-nxf-resource=\"nexus:\/\/gra\/A05\/stem\/financial-economics\/#evidence\" data-nxf-title=\"Evidence\" data-nxf-height=\"520\" hidden><\/div><\/div><\/div><\/section><\/div><\/div><\/section><section id=\"nx-s-5-sec\" class=\"nx-section\" data-hue=\"finance\" aria-labelledby=\"nx-s-5\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">05<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Process<\/span><\/div><h2 id=\"nx-s-5\" class=\"nx-section-title\">How the process runs.<\/h2><\/div><div class=\"nx-section-body\"><div class=\"nx-canvas-wrap\"><div class=\"nx-launch\" id=\"explore-nx-pe-prisma\" data-kind=\"explorer\" data-js><div class=\"nx-launch-row\"><div class=\"nx-launch-text\"><p class=\"nx-launch-eb\">Process explorer \u00b7 Process<\/p><h3 class=\"nx-launch-t\" id=\"explore-nx-pe-prisma-t\">Financial economics for capital markets: PRISMA 2020 review reporting<\/h3><p class=\"nx-launch-facts\"><span>10 steps<\/span><span class=\"nx-launch-sep\" aria-hidden=\"true\">\u00b7<\/span><span>4 stages<\/span><\/p><\/div><button type=\"button\" class=\"nx-launch-open\" aria-expanded=\"false\" aria-controls=\"explore-nx-pe-prisma-body\" data-open-label=\"Open explorer\" data-close-label=\"Close explorer\"><svg class=\"nx-launch-i nx-launch-play\" viewBox=\"0 0 14 14\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M2.5 1v12L13 7z\"\/><\/svg><svg class=\"nx-launch-i nx-launch-x\" viewBox=\"0 0 14 14\" aria-hidden=\"true\" focusable=\"false\"><path d=\"m2.5 2.5 9 9m0-9-9 9\"\/><\/svg><span>Open explorer<\/span><\/button><\/div><div class=\"nx-launch-body\" id=\"explore-nx-pe-prisma-body\" role=\"region\" aria-labelledby=\"explore-nx-pe-prisma-t\" tabindex=\"-1\"><div class=\"nx-pe\" id=\"nx-pe-prisma\" data-nx-pe=\"nx-pe-prisma\" data-active=\"prisma\"><div class=\"nx-pe-shell\"><p class=\"nx-pe-eb\">Process<\/p><h2 class=\"nx-pe-title\">Financial economics for capital markets: PRISMA 2020 review reporting<\/h2><p class=\"nx-pe-cap\">PRISMA 2020 is a reporting guideline for systematic reviews; the steps follow its checklist, not a mandated sequence, and no Nexus document adopts it.<\/p><ol class=\"nx-pe-steps\"><li class=\"nx-pe-lane\"><h3 class=\"nx-pe-lane-t\">01 Plan<\/h3><ol><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">01<\/span><span class=\"nx-pe-st\">Registration and protocol<\/span><span class=\"nx-pe-k\">Record \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for registration details, access to the protocol and any amendments.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">02<\/span><span class=\"nx-pe-st\">Eligibility criteria<\/span><span class=\"nx-pe-k\">Record \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for the inclusion and exclusion criteria and how studies were grouped.<\/span><\/li><\/ol><\/li><li class=\"nx-pe-lane\"><h3 class=\"nx-pe-lane-t\">02 Find and select<\/h3><ol><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">03<\/span><span class=\"nx-pe-st\">Search: sources and strategies<\/span><span class=\"nx-pe-k\">Step \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for the information sources and the full search strategies. It does not fix which sources are used.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">04<\/span><span class=\"nx-pe-st\">Selection of studies<\/span><span class=\"nx-pe-k\">Step \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks how studies were judged eligible, including how many reviewers screened. It does not fix the number of reviewers.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">05<\/span><span class=\"nx-pe-st\">Flow diagram<\/span><span class=\"nx-pe-k\">Record<\/span><span class=\"nx-pe-sm\">The flow diagram shows the number of records found, the number of studies included and the reasons for exclusion.<\/span><\/li><\/ol><\/li><li class=\"nx-pe-lane\"><h3 class=\"nx-pe-lane-t\">03 Analyse<\/h3><ol><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">06<\/span><span class=\"nx-pe-st\">Data collection<\/span><span class=\"nx-pe-k\">Step \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks how data were collected from reports and which data items were sought.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">07<\/span><span class=\"nx-pe-st\">Risk of bias<\/span><span class=\"nx-pe-k\">Step \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for the methods and tools used to assess risk of bias.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">08<\/span><span class=\"nx-pe-st\">Synthesis<\/span><span class=\"nx-pe-k\">Model \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for the effect measures and the synthesis methods. It does not prescribe meta-analysis.<\/span><\/li><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">09<\/span><span class=\"nx-pe-st\">Certainty of evidence<\/span><span class=\"nx-pe-k\">Step \u00b7 The review team<\/span><span class=\"nx-pe-sm\">The guideline asks for the methods used to assess certainty, and reports the result per outcome. It does not name a grading scale.<\/span><\/li><\/ol><\/li><li class=\"nx-pe-lane\"><h3 class=\"nx-pe-lane-t\">04 Report<\/h3><ol><li class=\"nx-pe-step\"><span class=\"nx-pe-n\" translate=\"no\">10<\/span><span class=\"nx-pe-st\">Review report<\/span><span class=\"nx-pe-k\">Record<\/span><span class=\"nx-pe-sm\">The guideline helps authors report why the review was done, what they did and what they found.<\/span><\/li><\/ol><\/li><\/ol><p class=\"nx-pe-foot\"><span><a class=\"nx-link\" href=\"https:\/\/docs.therisk.global\/organization\/programme\/reports\" rel=\"noopener\">Reports<\/a><\/span><span>Outline of an externally published reporting guideline, not a Nexus process and not a record of operation. PRISMA 2020 mainly covers reviews of intervention effects. No Nexus page names it. Every programme is at service level R0.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section><section class=\"nx-section\" data-band=\"auto\" data-band-id=\"nx-band-2\" data-hue=\"finance\" aria-label=\"Validation, Connections, Stewardship\"><div class=\"nx-container\"><div class=\"nx-hm-band nx-band\" data-nx-tabs=\"true\" data-active=\"p1\"><div class=\"nx-tablist nx-hm-tabs\" role=\"tablist\" aria-label=\"Validation, Connections, Stewardship\"><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-2-tab-1\" aria-controls=\"nx-sec-checks\" aria-selected=\"true\" data-key=\"p1\">Validation<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-2-tab-2\" aria-controls=\"nx-sec-connections\" aria-selected=\"false\" data-key=\"p2\">Connections<\/button><button class=\"nx-tab\" type=\"button\" role=\"tab\" id=\"nx-band-2-tab-3\" aria-controls=\"nx-sec-stewardship\" aria-selected=\"false\" data-key=\"p3\">Stewardship<\/button><\/div><section id=\"nx-sec-checks\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" aria-labelledby=\"nx-s-6\" role=\"tabpanel\" data-band-tab=\"nx-band-2-tab-1\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">06<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Validation<\/span><\/div><h2 id=\"nx-s-6\" class=\"nx-section-title\">How results are checked.<\/h2><p class=\"nx-lede\">Models are back-tested against historical market episodes and crises. Results are compared with supervisory data and alternative specifications.<\/p><\/div><div class=\"nx-section-body\" data-lv=\"ledger\"><div class=\"nx-table-wrap\"><table class=\"nx-table\" data-stack=\"true\"><thead><tr><th scope=\"col\">Check<\/th><th scope=\"col\">How it is done<\/th><\/tr><\/thead><tbody><tr><td data-label=\"Check\">Out-of-sample stress testing<\/td><td data-label=\"How it is done\">Models are fitted on one period and tested on stress episodes not used in estimation<\/td><\/tr><tr><td data-label=\"Check\">Specification comparison<\/td><td data-label=\"How it is done\">Term premium and spread decompositions are compared across model specifications and the range is reported<\/td><\/tr><tr><td data-label=\"Check\">Reconciliation with supervisory data<\/td><td data-label=\"How it is done\">Market-based estimates are compared with published supervisory aggregates where they exist<\/td><\/tr><\/tbody><\/table><\/div><p class=\"nx-note nx-mt-3\">Relationships estimated in calm periods may break down in stress. Hidden leverage and interconnections are often unobserved.<\/p><\/div><\/div><\/section><section id=\"nx-sec-connections\" class=\"nx-section nx-band-panel\" data-hue=\"finance\" data-variant=\"split\" aria-labelledby=\"nx-s-7\" role=\"tabpanel\" data-band-tab=\"nx-band-2-tab-2\"><div class=\"nx-container\"><div class=\"nx-section-head\"><div class=\"nx-eyebrow-row\"><span class=\"nx-eyebrow\">07<\/span><span class=\"nx-rule\" aria-hidden=\"true\"><\/span><span class=\"nx-eyebrow\">Connections<\/span><\/div><h2 id=\"nx-s-7\" class=\"nx-section-title\">Topics that rely on this method.<\/h2><\/div><div class=\"nx-section-body\"><ul class=\"nx-list\" data-nav=\"true\"><li><a class=\"nx-link\" href=\"https:\/\/globalriskalliance.com\/capital-markets-nexus\/topics\/equity-and-fixed-income\/\"><span>Equity and fixed income<\/span><svg class=\"nx-arrow\" viewBox=\"0 0 16 16\" aria-hidden=\"true\"><path d=\"M3 8h10M9 4l4 4-4 4\"\/><\/svg><\/a><\/li><li><a class=\"nx-link\" 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