Chart 3 Wholesale Capital Charges With "Unbiased" EL
Year EL LGD=30% LGD=50%
2002 1.10% 5.08% 7.32%
2001 0.94% 4.85% 7.00%
2000 0.54% 4.15% 5.87%
1999 0.40% 3.77% 5.23%
1998 0.30% 3.43% 4.67%
1997 0.18% 2.78% 3.66%
1996 0.18% 2.77% 3.64%
1995 0.23% 3.08% 4.12%
1994 0.34% 3.58% 4.91%
1993 0.85% 4.71% 6.79%
1992 1.34% 5.40% 7.73%
1991 1.93% 6.13% 8.60%
1990 2.17% 6.41% 8.92%
1989 1.88% 6.07% 8.52%
1988 1.54% 5.66% 8.04%
1987 1.21% 5.23% 7.51%
1986 1.36% 5.43% 7.77%
1985 1.23% 5.26% 7.55%
1984 1.14% 5.13% 7.39%