The Floating Rate and Inverse Floating Rate Classes will bear interest at per annum rates based
on one-month LIBOR (hereinafter referred to as "LIBOR") as follows:
Class
Interest Rate
Formula(1)
Initial
Interest
Rate(2)
Minimum
Rate
Maximum
Rate
Delay
(in days)
LIBOR
for Minimum
Interest Rate
FA
LIBOR + 0.45%
1.570%
0.45%
7.000%
0
0.00%
MF
LIBOR + 0.30%
1.400%
0.30%
7.500%
0
0.00%
MS
7.20% - LIBOR
6.100%
0.00%
7.200%
0
7.20%
SA
6.55% - LIBOR
5.430%
0.00%
6.550%
0
6.55%
YF
LIBOR + 1.50%
2.600%
1.50%
7.500%
0
0.00%
YI
6.05% - LIBOR
0.050%
0.00%
0.050%
0
6.05%
YJ
6.10% - LIBOR
0.050%
0.00%
0.050%
0
6.10%
YM
LIBOR + 1.40%
2.500%
1.40%
7.500%
0
0.00%
YN
LIBOR + 1.45%
2.550%
1.45%
7.500%
0
0.00%
YS
9.00% - (LIBOR × 1.5)
7.350%
0.00%
9.000%
0
6.00%
YU
9.075% - (LIBOR × 1.5)
7.425%
0.00%
9.075%
0
6.05%
YW
9.15% - (LIBOR × 1.5)
7.500%
0.00%
9.150%
0
6.10%
(1) LIBOR will be established on the basis of the BBA LIBOR method, as described under
"Description of the Securities – Interest Distributions – Floating Rate and Inverse Float-
ing Rate Classes" in this Supplement.
(2) The initial Interest Rate will be in effect during the first Accrual Period; the Interest Rate
will adjust monthly thereafter.
Allocation of Principal:
On each Distribution Date for a Security Group, the following
distributions will be made to the related Securities:
SECURITY GROUP 1
The Group 1 Principal Distribution Amount and the YZ Accrual Amount will be allocated as
follows:
• The YZ Accrual Amount, sequentially, to YA and YZ, in that order, without regard to their
Aggregate Scheduled Principal Balances, until retired
• The Group 1 Principal Distribution Amount in the following order of priority:
1. Sequentially, to YA and YZ, in that order, until reduced to their Aggregate Scheduled
Principal Balance for that Distribution Date
2. Sequentially, to YB and YC, in that order, until retired
3. Sequentially, to YA and YZ, in that order, without regard to their Aggregate Scheduled
Principal Balances, until retired
SECURITY GROUP 2
The Group 2 Principal Distribution Amount will be allocated to Y, until retired
SECURITY GROUP 3
The Group 3 Principal Distribution Amount will be allocated to FA, until retired
B-33