Sell 1.4mm face GE 5.25% fixed-to-float perpetual preferred. floats only at 3moL•296.7bps 73 down • You own 397k cures. earn no interest. consider EURUSD Deposit Plus. Ex: EURUSD. euro on deposit. 2-week duration. 3% annualized yield. -1.373 stoke vs 1 36 spot ref (for comparison, short dated periphery bond spread

Sell 1.4mm face GE 5.25% fixed-to-float perpetual preferred, floats only at 3moL+296.7bps 23 down • You own 397k euros. earn no interest, consider EURUSD Deposit Plus. Ex: EURUSD. euro on deposit. 2-week duration. 3% annualized yield. -1.373 strike vs. 1.36 spot ref. (for comparison, short dated periphery bond spr

euro with a with cash on hand via a EURUSD DepositPlus (sell USDcEURp and collect premium), if assigned, flip to EUR on deposit. spot ref: 1.3708 EURUSD Deposit Plus (USD on deposit) Tenor: lmonth Strike: -1.36 Yield: 4% annualized (paid in USD) Note the uptick to longer-dated sovereign periphery credit: ex

euro with a with cash on hand via a EURUSD DepositPlus (sell USDcEURp and collect premium), if assigned, flip to EUR on deposit. spot ref: 1.3708 EURUSD Deposit Plus (USD on deposit) Tenor: lmonth strike: —1.36 Yield: 4% annualized (paid in USD) Consider S5mm USD in southern Financial (Embedded image moved

euro with a with cash on hand via a EURUSD DepositPlus (sell uSDcEuRp and collect premium), if assigned, flip to EUR on deposit. spot ref: 1.3708 EURUSD Deposit Plus (USD on deposit) Tenor: lmonth Strike: —1.36 Yield: 4% annualized (paid in USD) Note the uptick to longer-dated sovereign periphery credit: ex