From: Tazia Smith •Tz > To: jeevacationftmail.com Cc: Paul Morris Subject: EURUSD Depost Plus, 4.5% annualized yield [C] Date: Tue, 24 Dec 2013 15:59:01 +0000 Inline-Images: unnamed; unnamed(1); unnamed(?) Vahe Stepanian Classification: Confidential Jeffrey: Monetize your bulish view on the cow to pick to yield spot ref: 1.38705 shot duration via a EURUSD DepositPlus (sell USDcEURp and oellect premium). i( assigned. flip to EUR nn deposit. EURUSO Deposal Plus (USD on deposit) Tense. hnonth Strike: -1.3573 Yield: 4.5% annualized (pad in USD) Note the uptick to longer4aled sovereign periphery credit: ex: Pcrlugal 3.35% 10115115 -2.92% Consider $5, 10mrn USD in Southern Financial Updated at CCY pair Deposit CCY Spot rate Zone cut 10:55:01 EURUSD USD 1.36705 NY (New York) Tenorffixo) 07-Jan-14 (2W) 28-Jan-14 (1M) Yield Nt22 2.4r& 225 2.922 3.54Ye 4.992 §.402 222 i995 5.22 01586 1 3549 1.3560 1.3570 1 3579 1.3587 1.3595 1.3602 1.3609 1.3615 1.3621 0.1729 1 3463 1 3490 1 3513 1 3535 1.3555 1 3573 1.3590 1 3606 1.3622 1 3636 Source: DB Autobahn. 12/24/13 TaS Smith Droste I Key Ctont Parren • US Deutsche Bark Securities Inc Deutsche Asset & Wealth Management 345 Park Avenue. 28th Floor Pcsrrio-1,-to- Perform. EFTA01141045