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In this note we prove existence of a solution to a system of Markovian BSDEswith interconnected obstacles. A key feature of our system, and the mainnovelty of this paper, is that we allow for the driver $f_i$ of the $i$-thcomponent of the $Y$-process to depend on all components of the $Z$-process.This extends the existing theory on reflected BSDEs, which only addressesproblems where $f_i$ depends on $Z^i$.

A note on a new existence result for reflected BSDEs with interconnected obstacles