Epstein Secrets

side of premium paid. From: Daniel Sabba Sent: Wednesday, April 29, 2015 11:57 AM To: 'Jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Mane Dwyer; 'Richard Kahn' Subject: Higher rates in Europe - timely [C] Importance: High Classification: Confidential EFTA00857856 This is timely given this morning's mov

Paul Morris; Vahe Stepanian; Mane Dwyer; Richard Kahn < Subject: Re: Higher rates in Europe - timely [

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

de of premium paid. From: Daniel Sabba Sent: Wednesday, April 29, 2015 11:57 AM To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; 'Richard Kahn' Subject: Higher rates in Europe - timely [C] Importance: High Classification: Confidential This is timely given this morning's moves... EUR swap

ris , Vahe Stepanian , Ariane Dwyer , Richard Kahn Subject: RE: Higher rates in Europe - timely [C]

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%

ide of premium paid. From: Daniel Sabba Sent: Wednesday, April 29, 2015 11:57 AM To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; 'Richard Kahn' Subject: Higher rates in Europe - timely [C] Importance: High Classification: Confidential This is timely given this morning's moves... EUR swap

rey E." <jeeyacationggmail.com> Dwyer , Richard Kahn CC: Paul Morris < Vahe Stepanian , Ariane Sub

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%

[C] Wed, 29 Apr 2015 15:56:38 +0000 high image002.png; image003.jpg; image004.jpg Subject: Date: Importance: Inline-Images: Vahe Stepanian , Richard Kahn ,Ariane Classification: Confidential This is timely given this morning's moves... EUR swap rates are up dramatically and markets are fluid - the p

tance: Inline-Images: Vahe Stepanian , Richard Kahn ,Ariane Classification: Confidential This is t

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%

From: Daniel Sabba Sent: Wednesday, April 29, 2015 08:56 AM To: jeffrey E. <[email protected]> Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: Higher rates in Europe - timely [C] Classification: Confidential This is timely given this morning's moves... EUR swap rates are up dram

aul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn Subject: Higher rates in Europe - timely [C] Cl

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

ide of premium paid. From: Daniel Sabba Sent: Wednesday, April 29, 2015 11:57 AM To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Ariane Dwyer; 'Richard Kahn' Subject: Higher rates in Europe - timely [C] EFTA01472959 Importance: High Classification: Confidential This is timely given this morning's mov

aul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn > Subject: Re: Higher rates in Europe - timely

: 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

sday, April 29, 2015 To: 'jeffrey E.' Cc: Paul Morris; Vahe Stepanian; Subject: Higher rates in Europe Importance: High 11:57 AM Ariane Dwyer; 'Richard Kahn' - timely [C] EFTA01472954 Classification: Confidential This is timely given this morning's moves... EUR swap rates are up dramatically and mark

aul Morris; Vahe Stepanian; Ariane Dwyer; Richard Kahn •c > Subject: RE: Higher rates in Europe - time

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