Epstein Secrets

hts on couple ideas, tx From: Jeffrey E. [mailto:[email protected]] Sent: Thursday, April 30, 2015 05:51 AM To: Daniel Sabba Cc: Paul Morris; Vahe Stepanian; Mane Dwyer; Richard Kahn < Subject: Re: Higher rates in Europe - timely [C] what are the interest rates today or do i need to look at the chart?

f European rates) beljcid:image004.jpg@Ol D08273.86[378850 EFTA00857857 Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional * max (Terminal CMS rate — strike, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.2

From: Daniel Sabba To: "jeffrey E." <[email protected]> CC: Paul Morris , Vahe Stepanian , Ariane Dwyer , Richard Kahn Subject: RE: Higher rates in Europe - timely [C] Date: Thu, 30 Apr 2015 13:06:19 +0000 Inline-Images: image001.jp

s of European rates) EFTA00858049 Rcid:image004.jpg(0101D08273.86B78B50 Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

From: Daniel Sabba To: Daniel Sabba "Jeffrey E." <jeeyacationggmail.com> Dwyer , Richard Kahn CC: Paul Morris < Vahe Stepanian , Ariane Subject: RE: Higher rates in Europe - timely [C] Date: Thu, 30 Apr 2015 12:31:47 +0000 Inline-Images: image001.jpg; image002.png; image0

ies of European rates) EFTA00858044 Rcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

n Europe - timely [C] Wed, 29 Apr 2015 15:56:38 +0000 high image002.png; image003.jpg; image004.jpg Subject: Date: Importance: Inline-Images: Vahe Stepanian , Richard Kahn ,Ariane Classification: Confidential This is timely given this morning's moves... EUR swap rates are up dramatically and markets a

ies of European rates) EFTA00858199 Rcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payout: Notional max (Terminal CMS rate— stnke, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25%

Classification: Confidential From: Daniel Sabba Sent: Wednesday, April 29, 2015 08:56 AM To: jeffrey E. <[email protected]> Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: Higher rates in Europe - timely [C] Classification: Confidential This is timely given this morning's moves...

ys: Expiry Terminal Payout: Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25% 1.50% 1.50% CMS Cap on 30y EUR CMS rate, Single Look at Notional * max (Terminal CMS rate — strike, 0) Expiry EFTA01400684 ly 2y ly 2y ly 2y Tail 30y 30y 30y 30y 30y 30y ATMF 0.94% 1

ts on couple ideas, tx From: jeffrey E. [mailto:[email protected]] Sent: Thursday, April 30, 2015 05:51 AM To: Daniel Sabba Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn > Subject: Re: Higher rates in Europe - timely [C] what are the interest rates today or do i need to look at the char

: Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25% 1.50% 1.50% Expiry ly 2y ly 2y ly CMS Cap on 30y EUR CMS rate, Single Look at Notional * max (Terminal CMS rate — strike, 0) EFTA01472961 2y Tail 30y 30y 30y 30y 30y 30y ATMF 0.94% 1.07% 0.94% 1.07% 0.94% 1

idential Thanks From: Daniel Sabba Sent: Thursday, April 30, 2015 05:31 AM To: Daniel Sabba; jeffrey E. <[email protected]> Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn •c > Subject: RE: Higher rates in Europe - timely [C] Classification: Confidential I wanted to share some thoughts on

rt 1 (time series of European rates) fcid:[email protected] Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at EFTA01472955 Expiry Terminal Payout: Notional * max (Terminal CMS rate — strike, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1