12 unchanged sentences
We utilize implied forward rates in the base case scenario which reflects market expectations for rate changes over the next 24 months.
−Removed: Presented below is the estimated impact on our NII and EVE position as of March 31, 2025, assuming a static balance sheet and instantaneous parallel shifts in interest rates:
+Added: Presented below is the estimated impact on our NII and EVE position as of June 30, 2025, assuming a static balance sheet and instantaneous parallel shifts in interest rates:
% Change from Base Case for Instantaneous Parallel Changes in Rates
5 unchanged sentences
This gradual change is commonly referred to as a “rate ramp” and evenly allocates a change in interest rates over a specified time period.
−Removed: Presented below is the estimated impact on the Company’s NII and EVE position as of March 31, 2025, assuming a static balance sheet and gradual parallel shifts in interest rates:
+Added: Presented below is the estimated impact on the Company’s NII and EVE position as of June 30, 2025, assuming a static balance sheet and gradual parallel shifts in interest rates:
% Change from Base Case for Gradual Changes in Rates
13 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.