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Published on 1/9/2008 in the Prospect News Structured Products Daily.

Goldman Sachs plans 0% bull notes linked to three Asian currencies for Svensk

By Jennifer Chiou

New York, Jan. 9 - AB Svensk Exportkredit plans to price 18-month zero-coupon bull notes linked to a basket of three Asian currencies via Goldman, Sachs & Co., according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of the Chinese renminbi, Malaysian ringgit and Singapore dollar, each relative to the U.S. dollar.

The payout at maturity will be par plus 200% of any gain on the basket plus a bonus that will be between 3% and 4%. The exact bonus will be set at pricing.

The minimum payout will be par plus the bonus amount.


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