EFTA Document EFTA01451409

Classification: Confidential Jeffrey - sorry, to clarify is it 3m USD worth of MXN bonds or 3m MXN, as its a local currency bond. As soon as NY gets in will get a price on the MBONO 7.75% 11/13/2042 and ping u as and when our view on rates or the currency changes will keep u updated, as here u have risk on both components unlike the PDVSA where the bond was denominated in USDs. Best Vinit <0.3908.gif> Vinit Sahni Managing Director I Global Head - Professional Client Group & Key Clien