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It will sell between $1 billion and $1.5 billion per tranche, after canvassing demand among fund managers.
The exercise prices will remain the same however the exercise period for the first and second tranche will be the six month period commencing June 1,— Marketwire - Breaking News Releases
Given the controversy over the lack of oversight and inefficient distribution / usage of the first $350 Billion tranche, a huge political fight and close scrutiny is expected in Congress over the release of the remaining funds. quoted as saying:— pfblogs.org: The Ad-Free Personal Finance Blogs Aggregator
One corollary of the problem is the impact on CMO / CDO structures that are heavily levered against the AAA tranche, and for whom even a 1\% impairment could be magnified up to 20x from leverage on what was considered a previously risk free asset class.— SeekingAlpha.com: Home Page
Provided Ukraine continued to meet IMF conditions a third tranche, also of— The Earth Times Online Newspaper

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