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55.9% 25.2% 18.9% 3.52 0.392 0.391 0.1 Apr-14 $32.0 57.7% 19.0% 23.4% 3.35 0.447 0.448 -0.1 saes' ta newer," Odtasi a" 1 Page 18 Deutsche Bank Securities Inc. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0116622 CONFIDENTIAL SDNY_GM_00262806 EFTA01457192
I bid. I2-year note auction statistics Size Oril Primary Dealers Direct Bidders Indirect Bidders Cover Stop-out 1PM WI FibliO Yield Bid BP Tail fy'Avg $29.0 48.4% 16.7% 349% 3.40 -0.2 Mar-15 $26.0 38.0% 18.3% 45.7% 3.48 0.698 0.599 -0.1 Feb-16 $26.0 38.6% 13.3% 48.2% 3.4
55.9% 25.2% 18.9% 3.52 0.392 0.391 0.1 Apr-14 $32.0 57.7% 19.0% 23.4% 3.35 0.447 0.448 -0.1 saes' ta newer," Odtasi a" 1 Page 18 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087399 CONFIDENTIAL SDNY_GM_00233583 EFTA01385931
I bid. I2-year note auction statistics Size Oril Primary Dealers Direct Bidders Indirect Bidders Cover Stop-out 1PM WI FibliO Yield Bid BP Tail fy'Avg $29.0 48.4% 16.7% 349% 3.40 -0.2 Mar-15 $26.0 38.0% 18.3% 45.7% 3.48 0.698 0.599 -0.1 Feb-16 $26.0 38.6% 13.3% 48.2% 3.4
-14 $29.0 35.6% 24.1% 40.4% 2.60 2.010 2.008 0.2 Apr-14 $29.0 31.0% 19.1% 49.9% 2.60 2.317 2.321 -0.4 Soma' USDastryard Oatialm St Deutsche Bank Securities Inc. Page 19 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0087400 CONFIDENTIAL SDNY_GM_00233584 EFTA01385932
.1bp. I7.•year note auction statistics Size (Sbn) Primary Dealers Direct Bidders Indirect Bidders Cover Ratio Stopout IPM WI Yield Bid BP Tail 1 yr Avg it 29.0 38.3% 16.6% 482% 2.61 0.4 Mar-16 $29.0 37.2% 12.3% 60.6% 2.32 1.792 1.781 1.1 Feb-16 $29.0 37.1% 10.5% 52.3% 2.
32.2% 21.6% 46.2% 2.40 3.074 3.071 0.3 Sep-14 $ 13.0 32.8% 21.8% 46.6% 2.67 3.240 3.261 -2.1 Sant VS Tweity an ol Pato Ink Page 22 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0051323 CONFIDENTIAL SDNY_GM_00197507 EFTA01362026
Weekly 10-year note auction statistics Size ($bn) Primary Dealers Direa Bidders Indirect Bidders Cover Ratio Stop.out 1PM WI Yield Bid BP Tail lyr Avg $ 22.0 34.0% MI% 549% 2.65 -a2 Aug-16 $ 24.0 34.0% 6.0% 60.1% 2A0 2.116 2.107 02 Jul-15 $ 21.0 29.8% 12.1% 58.1% 2.72 2.
Entities connected to both Deutsche Bank Securities Inc. and BP Tail