Epstein Secrets

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

) bps 26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y ;:cid:[email protected] Chart 2 (EUR 30y swap rates and breakeven for the 1y CMS cap struck at 1.00%,) EFTA00857858 L,,,:,'

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%

) bps 26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y pFid:[email protected] EFTA00858050 Chart 2 (EUR 30y swap rates and breakeven for the ly CMS cap struck at 1.00%,) ;Icid:ima

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%

) bps 26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y ;t:acid:[email protected] EFTA00858045 Chart 2 (EUR 30y swap rates and breakeven for the 1y CMS cap struck at 1.00%,) ,,:ci

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%

) bps 26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y ;t:acid:[email protected] EFTA00858200 Chart 2 (EUR 30y swap rates and breakeven for the 1y CMS cap struck at 1.00%,) ,,:ci

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

46 (40) 16 (14) EFTA01400685 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y {cid:[email protected]} Chart 2 (EUR 30y swap rates and breakeven for the ly CMS cap struck at 1.00%,) {cid:image008.jpg@OlD0

: 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

46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% EFTA01472962 1.46% 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y {cid:[email protected]} Chart 2 (EUR 30y swap rates and breakeven for the ly CMS cap struck at 1.00%,) {cid:image008.jpg@OlD0

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

46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% EFTA01472957 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y {cid:[email protected]} Chart 2 (EUR 30y swap rates and breakeven for the ly CMS cap struck at 1.00%,) {cid:image008.jpg@OlD0

R:i • Rtfr vieks : • 100 Et& Sra0l tR.70 • ar to Saps ft:: J. 1.3,X<X, 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

) bps 26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) Break Even 1.26% 1.46% 1.41% 1.59% 1.60% 1.76% Terminal Payout Chart for 1% strike CMS Caps on 30y Uri O .1 04:" OVA CAOS 020% CDA • -r ...... 04.,c4 .04.nntn 4. „ ,Ar Terriand Rena *op Iota KW Chart 2 (EUR 30y swap rate

000 ►2.0000 . 1.0030 ►6.0000 Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR Terminal Payout: Notional max (Terminal CMS rate, Single Look at Expiry CMS rate — strike, 0) Currency EUR EUR EUR EUR EUR EUR Strike 1.00% 1.00% 1.25% 1.25% 1.50% 1.50% Expiry 1y 2y 1y 2y t

26 (23) 46 (40) 16 (14) 34 (30) 10 (8) 25 (21) [ Break Even 1.26% 1.46% I 1.41% 1.59% 1.60% 1.75% Terminal Payout Chart for 1% strike CMS Caps on 30y CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0044303 CONFIDENTIAL SDNY_GM_00190487 EFTA01357637