
Date: Wed, 6 Sep 2000 06:04:00 -0700 (PDT)
From: chris.germany@enron.com
To: kyle.lilly@enron.com, alicia.perkins@enron.com, crystal.hyde@enron.com
Subject: CNR curve
Cc: mary.franklin@enron.com, jeanne.wukasch@enron.com
Bcc: mary.franklin@enron.com, jeanne.wukasch@enron.com

I changed the formula on the IF-CNRGATH curve in the EastMrkt file.  Before
the change it was CGT/APPALAC - $.32.  After the change its (CGAS -
$.30)x(1-.0492).  This widens the spread by about $.24.
