EFTA01453888

Fa Ma Ern <0.580E.gif> Paul Morris---04/21/2014 01:59:09 PM---Classification: For internal use only thx pls stay on him, hope you're all well, From: Paul Morr To: Nav Gu cc: tazia.smit vinit.sahni Date: 04/21/2014 01:59 PM Subject: Re: Jeffrey - latest prices with suggested sizes - Nav [I] Classification: For internal use only thx pis stay on him, hope you're all well, Paul Morris Managing Director Deutsche Bank Private Bank 345 Park Avenue, 27th Floor New 'for 0ffi • Cell: Fro Nav Gupta/db/dbcom@DBEMEA m: To: jeevacationOgmail.com, Cc: Joseph Cothron. Paul morrisIIIIIIIIIIIIIIIIIIIIp, Dat 04/15/2014 07:46 AM e: sub Jeffrey - latest prices with suggested sizes - Nav (c] jec t: Classification: Confidential Jeffrey, updated prices and proposed sizes. 1. Buy l0y BTP (March2024). l0y yield is 5bp lower today. I still like eur2mm here 3.125% YTM and suggest work a soft order to add eurl.Smm at 3.25%, eur1.5mm 3.35%. 2. EURUSD spot FX is 1.3802 from 1.3827 yesterday. Suggest buying 2week vanilla 1.40c at S-6c in EUR 50mm notional (cost EUR25-30k) 3. position for a stronger dollar by buying ly 5% OTM SPOT EURUSD binary puts at 21% of payout. suggest do half CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111734 CONFIDENTIAL SDNY_GM_00257918 EFTA01453888