Chart 1 (time series of European rates) • 10O 5--ti vies (R:i • Rtfr vieks : • 100 Et& Sra0l tR.70 • ar to Saps ft:: J. 1.3,X<X, Indicative Transaction Terms: Client buys: CMS Cap on 30y EUR CMS rate, Single Look at Expiry Terminal Payou