Epstein Secrets

Cc: "Vinit Sahni" < , "Nav Gupt )" Date 12/01/2014 22:52 Subj Re: PDVSA chart + USDJPY Trade [C] ect: Classification: Confidential Looping in Vinit here as he was recently involved with a large offering in the pdvsa credit and may have some take-aways. My view is the bonds are money good in 201

ached 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 Bouts of volatility will likely remain an issue and therefore it will

hall be subject to the relevant internal approvals prior to execution. <mime-attachment.gif> From: Jeffrey Epstein <jeevacation/Agmail.co-n> To: Vinit Sahniklbklbcom@DBEMEA, Date: 14101/2014 10:55 Subject: Re: Jeffrey - Mexico -> MBONO 30y look interesting (C) usd 3m bonds On Tue, Jan 14, 2014

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 EFTA00676639 <mime-attachment.gif> Vinit Sahni Managing Director I Global Head - Profession

, "Nay Gupta (DEUTSCHE ASSET MANAG)" Date: 12101/2014 22:52 Subject: Re: PDVSA chart « USDJPY Trade [C] Classification: Confidential Looping in Vinit here as he was recently involved with a large offering in the pdvsa credit and may have some take-aways. My view is the bonds are money good in 201

ERICAS To: leffrey epstein <jeevacationagmail.com>, Cc: 'Vinit Sahni" , "Nay Gupta (DEUTSCHE ASSET MANAG)" Date: 12101/2014 22:52 Subject: Re: PDVSA chart « USDJPY Trade [C] Classification: Confidential Looping in Vinit here as he was recently involved with a large offering in the pdvsa credit a