EFTA Document EFTA01451376

Subject: Re: Jeffrey - Mexico -> mBON0 30y look interesting [c] agreed lets do 3m on Tue, Jan 14, 2014 at 4:23 AM, Vinit sahni <[email protected]> wrote: Classification: Confidential Jeffrey - was looking for value in the EM space, post the Pm/5A analysis, started looking at mexico... here is a trade I think makes sense -> buying MBONO 30y unhedged At around 7.5% yield, inflation probably in the 3-4% in the foreseeable future, and u5D/modg likely stable or stronger in real (deflated)