From: Daniel Sabba To: [email protected] <[email protected]> CC: Vahe Stepanian , Ariane Dwyer , , Paul Morris Subject: RE: Fwd:[/] DB Latam 5y CDS Run [C] Date: Tue, 17 Mar 2015 13:54:51 +0000 Classification: Confidential Brazil CDS at 314 / 320. It is 56% increase since we put it on at 201 / 205. USDBRL at 3.27. It is a 24% move since CDS trade date, when USDBRL was at 2.64. From: Daniel Sabba Sent: Friday, March 13, 2015 8:26 AM To: [email protected]' Cc: Vahe Stepanian; Mane Dwyer; Subject: RE: Fwd:[/J DB Latam Sy CDS Run [C] Classification: Confidential Brazil CDS at 307 / 313. USDBRL at 3.1915. ; Paul Morris From: Daniel Sabba Sent: Tuesday, March 10, 2015 4:44 PM To: [email protected]' Cc: Vahe Stepanian; Mane Dwyer; Subject: RE: Fwd:[/J DB Latam Sy CDS Run [C] Classification: Confidential Brazil CDS closed at 289/294, up 15bps. From: Daniel Sabba Sent: Tuesday, March 10, 2015 10:22 AM To: [email protected]' Cc: Vahe Stepanian; Mane Dwyer; Subject: RE: Fwd:[/J DB Latam Sy CDS Run [C] Classification: Confidential Brazil CDS at 285/290. From: Daniel Sabba Sent: Monday, March 09, 2015 4:17 PM To: [email protected]' Cc: Vahe Stepanian; Mane Dwyer; Subject: RE: Fwd:[/] DB Latam Sy CDS Run [C] ; Paul Morris ; Paul Morris ; Paul Morris EFTA00631718