From: Tazia Smith
To: jeevacation@gmail.com
Cc: , Paul Morris , Vinit Sahni
Nav Gupta , Vahe Stepanian
Subject: First BRL note valuation date 3/20, poised to settle beyond barrier (down —20%) [C]
Date: Mon, 17 Mar 2014 19:44:24 +0000
Inline-Images: unnamed; unnamed(1); unnamed(2)
Classification: Confidential
Jeffrey -
First BRL note's valuation date is this Thursday, 3/20 (settles 3/27); presently down 19.8%, intrinsic. Your original investment
was $1mm notional.
Initial strike: 1.9619
15% european barrier: 2.2562
Current USDBRL spot: 2.3505
Your second note has a final valuation of 4/14. Initial strike 2.0035, european barrier =2.3040.
Recall that the payout on these was as follows:
a) make 28.5% if BRL is up more than 3% vs. USD at maturity, b) make 5% if BRL is up between 0-3% vs USD, c) get your
principal down less than 15% vs. USD, d) loose 1 for 1 if BRL is down more than 15% vs USD at maturity (max loss 100%)
BRL 2.35O5 +.0039 BGN 2.3500/2.3511 BGN
At 15 :19 Op 2.3447 Hi 2.3566 Lo 2.3433 Close 2.3467 Value 03/19/14
BRL BGN Curnc —la Save As —ir6) Actions - 91(iTable Line Chart
03/13/2013 03/27/2014 Last Price II B Line t7 Di Compare ys --- ND Lower Chart ry
1D 30 1/4 614 YID 1Y SY Max Daily . Cr: Securiw/Suly 1.1 Event
4- Track Annotate News O Zoom
I. Last Price
[I
2.3505
T High on 08/21/13 2.4543
-0- Average 2.2376
Low on 04112/13 1.9695
► 2.3000
2.2562
► 2.2000
.-2.1000
.-2.0000
Mar Jun Sep Dec Mar
2013 2014
Used with permission of Bloomberg Finance LP
EFTA01191965
Tazia Smith
Director I Key Client Partners - US
Deutsche Bank Securities Inc
Deutsche Asset 8 Wealth Management
345 Park Avenue, 26th Floor
New York. NY 10154
Tel. +1 (212)454-2889
Fax +1 (646)257-3131
Mobile +1 917 327-4107
Email
Pan-inctry ?efferent
This communication may contain confidential and/or privileged information.
If you are not the intended recipient (or have received this communication
in error) please notify the sender immediately and destroy this
communication. Any unauthorized copying, disclosure or distribution of the
material in this communication is strictly forbidden.
Deutsche Bank does not render legal or tax advice, and the information
contained in this communication should not be regarded as such.
EFTA01191966