EFTA Document EFTA01451296

Cc: ' "Nav Gupta DEUTSCHE ASSET MANAG)" < Paul morris/db/ Vahe Stepan an Oat 13/01/2014 11:50 e: Sub Re: PDVSA chart + USDJPY Trade [C] jec t: thanks , lets keep On Mon, Jan 13, 2014 at 7:47 AM, Vinit Sahni Classification: Confidential wrote: This attached image shows the current pricing on the curve, which is slightly weaker than it was in early December. I have also added the term structure of PDVSA and VENZ sovereign bonds, which gives us some relative value across the curve