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BRL) would be a good way to play both a rebound in the bond price and the fx. Bonds are down from 105. Brazil 10.25% 2028 @ 103 (ytm 9.78%) Paul Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Securities LLC I J.P. Morgan Private Bank I J.P. Morgan Chase Bank N.A. 3
ia, J.P. Morgan Chase Bank, N.A. (ABN 43 074 112 011) holds an Australian Financial Services Licence No. 238367. It is subject to the supervision of the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission. J.P. Morgan Securities LLC is a V.S. registered broker-dealer incorporated in Delaware, U.
I think it's fine...nothi=g very exciting. Part of their TIAC program. Makes sense for a smallish =verall allocation to floating rate securities. Paul Barrett I Managing Director I Global Investment =pportunities Group EFTA_R1_01411694 EFTA02388944 NOT AN OFFICIAL CONFIRMATION: For informational purpose
ia, J.P. Morgan Chase Bank, N.A. (ABN 43 074 112 =11) holds an Australian Financial Services Licence No. 238367. It =s subject to the supervision of the Australian Prudential Regulation Authority and the Australian Securities and =nvestments Commission. J.P. Morgan Securities LLC is a U.S. registered =roker-dealer incorporated in Delaware, U
hless Ref. 120.27 In this trade you are short the high-demand ATM contract and long the same strike with a longer tenor. Source Bloomberg 19Apr17 Paul Barrett I Managing Director I Global Investment Opportunities Group I J.P. Morgan Securities LLC I J.P. Morgan Private Bank I J.P. Morgan Chase Bank N.A. N
ia, J.P. Morgan Chase Bank, N.A. (ABN 43 074 112 011) holds an Australian Financial Services Licence No. 238367. It is subject to the supervision of the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission. J.P. Morgan Securities LLC is a U.S. registered broker-dealer incorporated in Delaware, U
er the balance sheet. We expect the company to be at 2.5x leverage by year end Prenominal Q1 earnings USD denominated so no explicit FX risk Paul Paul Barrett I Managing Director I Global Investment Opportunities Group I M. Morgan Securities LLC I M. Morgan Private Bank I M. Morgan Chase Bank M. NOT AN OF
Australia,. Morgan Chase Bank, (ABN 43 074 112 011) holds an Australian Financial Services Licence No. 238367. It is subject to the supervision of the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission.. Morgan Securities LLC is a U.S. registered broker-dealer incorporated in Delaware, U.S.A.
Entities connected to both Paul Barrett and the Australian Prudential Regulation Authority

Jeffrey Epstein
PERSON
Richard Kahn
PERSONBarrett
PERSON
JPMorgan Chase
ORGANIZATIONJ.P.Morgan Securities LLC
ORGANIZATIONJ.P. Morgan Securities LLC
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Brad Wechsler
PERSONBarrett Team
ORGANIZATIONPetrobras
ORGANIZATIONStephanie
PERSONFennessey
PERSONthe Australian Securities
ORGANIZATIONInvestments Commission
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Australian Financial Services Licence
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