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  "documentTitle": "Q4 FY 2024 Fixed Income Call",
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      "text": "Hedge contribution expected to grow further with limited sensitivity to short-term rates; Long-term hedge notional of ~€ 235bn, including equity; Increased by ~€ 30bn since 2021; 2025 tailwind of € 0.3bn; Average hedge duration of ~4-5 years; Average yield of ~0.8% on ~€ 65bn hedges maturing 2025-2027",
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