Interest Distributions The Interest Distribution Amount will be distributed on each Distribution Date to the Holders of all Classes of Securities entitled to distributions of interest. •   Interest will be calculated on the basis of a 360-day year consisting of twelve 30-day months. •   Interest distributable on any Class for any Distribution Date will consist of 30 days' interest on its Class Principal Balance (or Class Notional Balance) as of the related Record Date. •   Investors  can  calculate  the  amount  of  interest  to  be  distributed  on  each  Class  of Securities  for  any  Distribution  Date  by  using  the  Class  Factors  published  in  the preceding month. See "– Class Factors" below. Categories of Classes and Components For  purposes  of  interest  distributions,  the  Classes  will  be  categorized  as  shown  under "Interest  Type"  on  the  inside  cover  page  of  this  Supplement  and  on  Schedule  I  to  this Supplement,  and  Components  will  be  categorized  as  shown  above  under  "Terms  Sheet – Component Classes" in this Supplement. The abbreviations used on the inside cover page, in the Terms Sheet and on Schedule I to this Supplement are explained under "Class Types" in Appendix I to the Base Offering Circular. Accrual Periods The Accrual Period for each Class is set forth in the table below: Class Accrual Period Fixed Rate Classes and Classes IW and IX The calendar month preceding the related Distribution Date Group 1, 5 and 6 Floating Rate and Inverse Floating Rate Classes From the 16th day of the month preceding the month of the related Distribution Date through the 15th day of the month of that Distribution Date Fixed Rate Classes Each Fixed Rate Class will bear interest at the per annum Interest Rate shown on the inside cover page of this Supplement or on Schedule I to this Supplement. Floating Rate and Inverse Floating Rate Classes The Floating Rate and Inverse Floating Rate Classes will bear interest as shown under "Terms Sheet – Interest Rates" in this Supplement. The Interest Rates for the Floating Rate and Inverse Floating Rate Classes will be based on LIBOR. LIBOR will be determined based on the BBA LIBOR  method, as described under "Description of the Securities – Interest Rate Indices – Determination of LIBOR – BBA LIBOR Method" in the Base Offering Circular. For  information  regarding  the  manner  in  which  the  Trustee  determines  LIBOR  and calculates  the  Interest  Rates  for  the  Floating  Rate  and  Inverse  Floating  Rate  Classes,  see "Description of the Securities – Interest Rate Indices – Determination of LIBOR" in the Base Offering Circular. S-16