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x 212-320-0381 cell Begin forwarded message: From: =/b>Paul Barrett Subject: =/b>EM Update Date: =/b>August 23, 2018 at 10:18:43 AM =DT To: =/b>jeffrey E. <[email protected]> Cc: Richard Kah Brazil =pdate: EFTA_R1_01795620 EFTA02605272 BRL continues to =eaken. Elections are October 7: Election D
: Friday, August 17, 2018 2:30 PM To: 'jeffrey E.' <jeevacation@ mail.com> Cc: 'Richard Kahn' 2 EFTA_R1_01795621 EFTA02605273 Subject: RE: EM Jeffrey EM Update FX Spot Changes 1 Week 1 =onth 3 =onth 6 =onth 1 =r BRL -2% -2.58% -6.18% -18.02% -19% RUB 0.45% -7.11% -7.75% -16% -12
azil local currency bond prices have been very stable. =ost of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom =n BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% YTM denom =n RUB (vs
q=142+W+57&entry=gmail&source=g> th Street, 11th Floor, New York, NY 10019 <mailto From: Paul Barrett Sent: Monday, August 13, 2018 4:10 PM To: 'jeffrey E.' <[email protected] <[email protected]» Cc: 'Richard Kahn' < <mailto Subject: EM > > 2 EFTA_R1_01826065 EFTA02620336 Jeffrey S
effrey E.' <[email protected] <[email protected]» Cc: 'Richard Kahn' < <mailto Subject: EM > > 2 EFTA_R1_01826065 EFTA02620336 Jeffrey Summary of some options when ready: • Brazil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option —
azil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom in BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% YTM denom in RUB (vs
Paul Barrett Alpha Group Capital LLC From: Paul Barrett Sent: Monday, August 13, 2018 4:10 PM To: 'jeffrey E.' <[email protected] <mailto:[email protected]» Cc: 'Richard Kahn' Subject: EM Jeffrey Summary of some options when ready: • Brazil local
rett Sent: Monday, August 13, 2018 4:10 PM To: 'jeffrey E.' <[email protected] <mailto:[email protected]» Cc: 'Richard Kahn' Subject: EM Jeffrey Summary of some options when ready: • Brazil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option —
azil local currency bond prices have been very stable. Most of the move has been in USDBRL. Best Option — Brazil 12.5% 2022 @7% YTM denom in BRL (vs lyr FX forward implying 6.9%) • Russian RUB govt bonds down 2 points. Mainly a RUB move. Best Option - Russia 6.4% 5/27/2020 @ 7.45% litTM denom in RUB (
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