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From: Paul Barrett Sent: Thursday, August 23, 2018 2:56 PM To: Richard Kahn Cc: Jeffrey E. Subject: RE: EM Update Hi Rich My email said the BRL '22 bonds are the best option when ready to buy. It was not a recommendation to buy them. Way to much uncertainty around the election at this stage. Since Aug 13th, the bonds are down 2% and the BRL down 4.8%. Paul Paul Barrett From: Richard Kahn Sent: Thursday, August 23, 2018 10:38 AM To: Paul Barrett Cc: Jeffrey E. <[email protected]> Subject: Fwd: EM Update paul in your email on August 13th you said best option for Brazil was: Brazil 12.5% 2022 @ YTM in BRL EFTA_R1_01796248 EFTA02605650
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