EFTA01453904

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 York NY 10154 Office: cell: From Nay To: [email protected], Cc: Joseph , Tazia Paul vinit Date 04/15/2014 07:46 AM Subj Jeffrey - latest prices with suggested sizes - Nav [C] ect: Classification: Confidential Jeffrey, updated prices and proposed sizes. 1. Buy lOy BTP (March2024). lOy yield is 5bp lower today. I still like eur2mm here 3.125% YTM and suggest work a soft order to add eur1.5mm at 3.25%, eurl.5mm 3.35%. 2. EURUSD spot Fx is 1.3802 from 1.3827 yesterday. Suggest buying 2week vanilla 1.40c at 5-6c in EUR 50mm notional (cost EuR25-30k) 3. position for a stronger dollar by buying ly 5% OTM SPOT EURUSO binary puts at 21% of payout. suggest do half (eur500k payout costing 0.21*500k) now, and the other half when spot 139-140 4. nationwide coco currently 6.42% offered. I suggest scaling in f2mm on an order at 6.5% and f2mm on order at 6.75% thanks Nay From: Nav Gupta/db/dbcom To: [email protected], Cc: vinit Paul , Tazia Date: 14/04/2014 18:17 CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 111755 CONFIDENTIAL SDNY_GM_00257939 EFTA01453904