From: Vahe Stepanian Sent: 1/14/2014 8:43:37 AM To: Paul Morris Subject: Fw: Jeffrey - Mexico -> MBONO 30y look interesting [C) Attachments: pic32146.gif; pic15002.gif; pic19401.gif; pic20378.gif; pic11647.gif; pic26998.gif; pic16270.gif; pic15997.gif; pic08319.gif; pic30396.gif; pic29990.gif; pic21684.gif; pic19227.80; pic30822.gif; pic04086.gif Classification: Confidential Fyi... Forwarded by vahe Stepanian/db/dbcom on 01/14/2014 08:43 AM From: Raphael Zagury/db/dbcom To: vinit Sahni/db/dbcom@DBEMEA, Cc: Jeffrey Epstein <[email protected]>, vahe Stepanian/db/dbcom@DBAMERICAS Date: 01/14/2014 08:35 AM Subject: Re: Jeffrey - Mexico -> MBONO 30y look interesting [C] Classification: confidential Jeffrey - we just tried calling you. We have an indication on the MBONO's at 7.50% yield for 3MM USD but they move around a bit. Let us know your thoughts and if you'd like us to work an order. You can call either vahe or myself here in NY. Thanks, Raphael Raphael Zagury, CFA Managing Director Head of Key Client Partners Latin America Deutsche Bank Securities Inc. Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154 Tel. From: Vinit Sahni/db/dbcom@DBEMEA To: Jeffrey Epstein <[email protected]>@DEuBAINT, Cc: Raphael Zagury/db/dbcom@DBAMERICAS, vahe Stepanian/db/dbcom@DBAmericas Date: 01/14/2014 08:15 AM subject: Re: Jeffrey - Mexico -> maim° 30y look interesting [c] Classification: Confidential Jeffrey - trying to wake people up in mexico now. its 7am so sending some coffee across to mexico...we are on it as soon as we get prices the NY crew CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 107724 CONFIDENTIAL SDNY_GM_00253908 EFTA01451291