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Recital 11

Recital 11

(11)To evaluate the quality of the information used, external reviewers should ensure that such information is complete, relevant, timely and based on reasonable assumptions, including by ensuring that such information provides a comprehensive representation of the bond-funded project considering the type and sector of economic activities. For this reason, the information should have a direct connection with the bond’s characteristics, offer an accurate reflection of the funded project, be up-to-date and consider forecasting limitations and inherent uncertainties.

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