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Exemption Application No. D-10384; Deutsche Bank AG, et al. (Deutsche Bank)

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Start Preamble


Pension and Welfare Benefits Administration,Labor (the Department).


Notice of technical correction.

On February 1, 2000, the Department published in the Federal Register (65 FR 4843) a notice of proposed exemption for Deutsche Bank which Start Printed Page 6229would allow the assets of certain employee benefit plans to be invested in synthetic guaranteed investment contracts (the Buy & Hold Synthetic GICs) that would be offered by Deutsche Bank. Due to a printing error, appearing on page 4846 of the proposed exemption in Representation 7, the formula for computing the Crediting Rate for each Buy & Hold Synthetic GIC, was stated as follows:

The Department notes that the correct formula for calculating the Crediting Rate is

and it hereby amends the proposal.

Start Further Info


Ms. Jan D. Broady of the Department at (202) 219-8881. (This is not a toll-free number.)

Start Signature

Signed at Washington, DC this 3rd day of February, 2000.

Ivan L. Strasfeld,

Director of Exemption Determinations, Pension and Welfare Benefits Administration, Department of Labor.

End Signature End Further Info End Preamble

[FR Doc. 00-2857 Filed 2-7-00; 8:45 am]