[arjundilip]

Probably cause of the fact that the trasurer wishes to fix the max rate at 6.6%
94000=6%
phobos premium=0.5%
put premium=.168%
that would give a total of 6.668%
the other two options give you an max interest rate of 6.795% & 6.55%,but in the latter case the premium is high and it would be a waste if the interest rate happens to fall,so we stick the cap at 94000.

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