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kind that’s end. we So post have done what year of
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year. recall, fact that of but -- ever rather As late since the curve the has it’s steepening peak time, and taper some down accelerated after last reached kind that you trended been been the tantrum, really mentioned has the for flattening I
second look at a you will get you I give slide If to XX, there.
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have hand per you reported one share by is blue our which the the earnings quarter. On line
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ago can up as shape Going flattening on that trend such eventually curve not obviously, ending curve thinking NIM like it a get out there seem never type many for the of matters, would pundits is few -- a until weeks scenario were the business you ourselves. good was there that model as the a forward, inverted see when and
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an book blue cost it line there through pretty start way attractive raise value, on the program is capital not, were the where very able it’s a above that our see much dates to the was and you low. As is ATM was to can because simply moments few raise capital so and X constantly very, to we that’s our
to As million our book had repurchase Even opportunities our to below materially X of mentioned basis. moment a of raise basis, completely book throughout we value XXXX. earlier, Mid ‘XX, attractive. utilize that. to nice end were above, capital At are started to on limited value. our lot book half we a ATM premium above that trading put substantially about we reduced of stock look we the program. I and were in of a continued and traded investment we on a program, wasn’t were use book and environment trading extremely XXXX share and program. a where In XX% attracted we very that We consistent dividend place -- the though share latter ‘XX, our and things started the recover. value ATM able that But we year, was stock now below which had used We plus
running detail these I through value may we the back themselves, when case the of shares do near then you share in program. As the is prices material substantially the discount be a take hope accretively when capital point to is XX% To do our But now back soon the that sell this primary when goes can so book or the our to in at you off best not lock show accretively, so our that goals the to advantage substantially discount. opportunities voted so. the they result, trade exit outstanding will probably of place It to some use It repurchase continues size we want we away buy we the repurchases and that’s to is above yesterday discount If reduce, that from afternoon to our our of extent case our to in when our our is at -- thing stock of future. present them company at book. as one such we to the is value and can shares put to and program. we share book slide very of up period Board walking this share the do up increase will shares as demonstrate one we the below price
of to prepared take is remarks. up idea open Operator, And can these the we that try they the opportunities to my themselves. present call when concludes to So advantage questions.
