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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
nch (DIFC)are done so in accordancewith the requirements of the DFSA conduct of business rules. Bank of America Merrill Lynch International Limited, Frankfurt Branch (BAMLI Frankfurt) distributes this report in Germany and is regulated by BaFin This research report has been prepared and issued by MLPF&S andror on
l-Faisaliyah Tower, King Fahad Road, `Box 51907, Riyadh 11553. Kingdom of Saudi Arabia. Dubai: JPMorgan Chase Bank.. S, Dubai Branch is regulated by the Dubai Financial Services Authority (DFSA) and its registered address is Dubai International Financial Centre - Building 3, Level 7. PO Box 506551. Dubai, UAE. Country and Region Spec
the meanings given to them in section 761G of the Co rations Act 2001. Germany: This material is distributed in Germany by `Morgan Securities Ltd., Frankfurt Branch and Chase Bank. M., Frankfurt Branch which are regulated by the Bundesanstalt fur Finanzdienstleistungsaufsicht. Hong Kong: The 1% ownership disclo
saliyah Tower. King Fahad Road, S Box 51907, Riyadh 11553. Kingdom of Saudi Arabia. Dubai: JPMorgan Chase Bank, M . Dubai Branch is regulated by the Dubai Financial Services Authority (DFSA) and its registered address is Dubai International Financial Centre - Building 3, Level 7, PO Box 506551. Dubai, UAE. Country and Region Spec
he meanings given to them in section 761G of the Corporations Act 2001. Germany: This material is distributed in Germany by Morgan Securities Ltd.. Frankfurt Branch and Chase Bank. Frankfurt Branch which are regulated by the Bundesanstalt fur Finanzdienstleistungsaufsicht. Hong Kong: The I% ownership disclosur
aliyah Tower. King Fahad Road. P.O. Box 51907. Riyadh 11553. Kingdom of Saudi Arabia. Dubai: JPMorgan Chase Bank. N.A., Dubai Branch is regulated by the Dubai Financial Services Authority (DFSA) and its registered address is Dubai International Financial Centre - Building 3. Level 7. PO Box 506551, Dubai. UAE. Country and Region Spec
meanings given to them in section 76IG of the Corporations Act 2001. Germany: This material is distributed in Germany by J.P. Morgan Securities plc. Frankfurt Branch and J.P.Morgan Chase Bank. N.A.. Frankfurt Branch which are regulated by the Bundesanstalt far Finanzdienstleistungsaufsichi. Deng Kong: The I% owne
Entities connected to both the Dubai Financial Services Authority and Frankfurt Branch

Malaysia
LOCATION
New Zealand
LOCATIONthe Capital Market Authority
ORGANIZATION
Frankfurt
LOCATION
Russia
LOCATION
Philippines
LOCATION
United Kingdom
LOCATIONthe Prudential Regulation Authority
ORGANIZATION
the Financial Services Agency
ORGANIZATION
Michael Bloomberg
PERSON
Moody's
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATION
Bloomberg L.P.
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Seoul
LOCATION
the Ministry of Finance
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATION