4
Shared Docs
2
Same-Page
4 / 4
Mentions
al Liquid Markets Weekly I 24 July 2017 Bankof America Merrill Lynch EFTA00788500 (DIFC): Merrill Lynch International (DIFC Branch), regulated by the Dubai Financial Services Authority (CfSA)s Merrill Lynch (Spain). Merrill Lynch Capital Markets Espana, SAS.V., regulated by Comisi6n Nacional del Mercado De Valores; Merrill Lynch (B
ore 2011 Sitcom's Is also uncorrelated to Treasury securities or the VIX Lastly, we test the correlation of bitcoin to other liquid markets such as Treasuries and the VIX and our own BofA Merrill Lynch GFSIIU. Once more, the correlation between bitcoin and both near-term and long-term Treasury bonds and b
301809, Faisaliah Tower United Arab Emirates: Deutsche Bank AG in the Dubai International Financial Centre (registered no. 00045) is regulated by the Dubai Financial Services Authority. Deutsche Bank AG - DIFC Branch may only undertake the financial services activities that fall within the scope of its existing DFSA license. Prin
has also been historically correlated with the US current account deficit as much of it was financed by the foreign official sector, which bought Treasuries for Official Reserves. The present current account deficit points to 25% of the lOy yield, so similar (55bps) but slightly higher BRP. Credit sprea
e income. In the sections that follow, we review the specifics of each fixed income market. US Treasuries While 2016 began as a bumper year for US Treasuries, it ended in a rout. The yield on 10-year Treasury bonds, for example, reached an all-time low of just 1.36% by the middle of last year before joltin
Page: HOUSE_OVERSIGHT_014599 →lica mientras no sean inscritos en el Registro de Valores correspondiente. Dubai: Goldman Sachs International ("GSI"} is authorised and regulated by the Dubai Financial Services Authority ("DFSA’} in the DIFC and the Financial Services Authority ("FSA") authorised by the Prudential Regulation Authority and regulated by the Financial Co
Page: HOUSE_OVERSIGHT_014618 →nks hold a 10% capital ratio. This plan would probably decrease the availability of leverage, and could also result in reduced demand for short-dated Treasuries in HQLA portfolios. Another risk to 30y swap spread normalization in particular would be a material increase in deficit spending as part of a fiscal
Page: HOUSE_OVERSIGHT_014773 →nch Securities, Moscow, regulated by the Central Bank of the Russian Federation; Merri DIFC}: Merrill Lynch International (DIFC Branch}, regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.AS.V., regulated by ill Lynch Banco Multiplo S.A. regulated by Comissdo de Va
Page: HOUSE_OVERSIGHT_014785 →Entities connected to both the Dubai Financial Services Authority and Treasuries

Malaysia
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATION
Riyadh
LOCATION
Deutsche Bank
ORGANIZATIONDeutsche Securities Saudi Arabia
ORGANIZATIONthe Qatar Financial Centre
ORGANIZATIONDeutsche Securities Saudi Arabia LLC Company
ORGANIZATION
New Zealand
LOCATION
Russia
LOCATION
United Kingdom
LOCATION
Frankfurt
LOCATION
Moody's
ORGANIZATIONBaFin
ORGANIZATION
Michael Bloomberg
PERSON
Seoul
LOCATIONStandard & Poor's
ORGANIZATION
Donald Trump
PERSONthe Capital Market Authority
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATIONNippon
ORGANIZATION