Table 12 - Cut-off Exchange-Rate Risk Premium
Fixed Rate for Foreign Exchange
|
Prob Fail |
Debt — ratio expected reduction | |||
|
2.5% |
2.0% |
1.5% |
1.0% | |
|
20% |
189 |
23,7 |
31,6 |
474 |
|
25% |
13,5 |
16,8 |
22,5 |
33,7 |
|
30% |
9,4 |
11,8 |
15,8 |
23,7 |
|
35% |
6,3 |
7,9 |
10,6 |
15,9 |
|
40% |
3,8 |
4,8 |
6,4 |
9,6 |
Notes: Risk premium in percent.
Table 13 - Cut-off Term Premium
Fixed Rate for Selic Rate
|
Prob Fail |
Debt — ratio expected reduction | |||
|
2.5% |
2.0% |
1.5% |
1.0% | |
|
2% |
4,80 |
6,00 |
8,01 |
12,0 |
|
3% |
3,70 |
4,63 |
6,17 |
9,25 |
|
4% |
3,04 |
3,81 |
5,07 |
7,61 |
|
5% |
2,60 |
3,25 |
4,33 |
6,49 |
|
6% |
2,27 |
2,83 |
3,78 |
5,66 |
Notes: Risk premium in percent.
28