or has recently improved for China although this is as much to do with decelerating nominal growth. Page 14 Jul•14 —Dealer Net Outright Poston: Govt Coupon Secunhes,Oue 3- Yr or Less(EOP.M4) Jan-15 Deutsche Bank Securities Inc. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0051315 CONFIDENTIAL SD