Epstein Secrets

h limited downside of premium paid. From: Daniel Sabba Sent: Wednesday, April 29, 2015 11:57 AM To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; 'Richard Kahn' Subject: Higher rates in Europe - timely [C] Importance: High Classification: Confidential This is timely given this morning's mo

s. In addition, for the 1y CMS cap struck at 1.00%. we have included a terminal payout diagram and a chart showing the strike and breakeven level on the 30yr EUR Swap 1 year chart (Chart 2) Chart 1 (time series of European rates) EFTA00858044 Rcid:[email protected] Indicative Transaction Terms: Client

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 •ca Subject: Higher rates in Europe - timely [C] Classification: Confidential This is timely given this morning's moves... EUR swap

. In addition, for the 1 y CMS cap struck at 1.00%. we have included a terminal payout diagram and a chart showing the strike and breakeven level on the 30yr EUR Swap 1 year chart (Chart 2) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071064 CONFIDENTIAL SDNY_GM_00217248 EFTA01375552

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... EUR swap ra

. In addition, for the 1 y CMS cap struck at 1.00%. we have included a terminal payout diagram and a chart showing the strike and breakeven level on the 30yr EUR Swap 1 year chart (Chart 2) Chart 1 (time series of European rates) CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0044302 CONFIDENTIAL SDNY_GM_00