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sd-10-EFTA01451259Dept. of JusticeOther

EFTA Document EFTA01451259

about 300bp of cushion for real depreciation per year...ln sum, it seems good value near term mark to market risk is slower pace of implementation of energy reform and a selloff in USTs happy to discuss further if u find interesting... MB0N0 7 '4 11/13/47 + ODD 18 Apr MBONO 7 4 11/42 04/19/2012 95l Save As 96) Actions - 97) Edit • 01/ M/2014 Mid TIM a lid Yield To Maturity 7.504 T High on 12/04/13 7.836 ► Average 6.740 Low on 05/02/13 S.313 " Bel 3:11M-- i. ,rtiioarP DO •

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Dept. of Justice
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sd-10-EFTA01451259
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Summary

about 300bp of cushion for real depreciation per year...ln sum, it seems good value near term mark to market risk is slower pace of implementation of energy reform and a selloff in USTs happy to discuss further if u find interesting... MB0N0 7 '4 11/13/47 + ODD 18 Apr MBONO 7 4 11/42 04/19/2012 95l Save As 96) Actions - 97) Edit • 01/ M/2014 Mid TIM a lid Yield To Maturity 7.504 T High on 12/04/13 7.836 ► Average 6.740 Low on 05/02/13 S.313 " Bel 3:11M-- i. ,rtiioarP DO •

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Text extracted via OCR from the original document. May contain errors from the scanning process.
about 300bp of cushion for real depreciation per year...ln sum, it seems good value near term mark to market risk is slower pace of implementation of energy reform and a selloff in USTs happy to discuss further if u find interesting... MB0N0 7 '4 11/13/47 + ODD 18 Apr MBONO 7 4 11/42 04/19/2012 95l Save As 96) Actions - 97) Edit 01/ M/2014 Mid TIM a lid Yield To Maturity 7.504 T High on 12/04/13 7.836 ► Average 6.740 Low on 05/02/13 S.313 " Bel 3:11M-- i. ,rtiioarP DO • 1 03 438 9Eti Table No Lower Chart CC 61 Stiu'it,-"37.O.' Yield Chart PI M Kes-. O ffil M \Ai 4 44047.0 Jun Sep 2012 Dec Mar 2u gi n Sep Dec 2014 0-6.500 0-6.000 pr 5.500 Australia 61 2 9777 8600 Brazil 5511 3048 4500 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyright 2014 Bloomberg Finance L.P. SN 812823 EST GMT-5'00 H376-306-2 14-Jan-2014 03:04.41 CNYMXN chart courtesy Nav Gupta (shows relative value in Labour cost between China and Mexico) CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 107645 CONFIDENTIAL SDNY_GM_00253829 EFTA01451259

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