EFTA00677829Set 9
2013-12-192p790w
Subject: DEutsche JApan View on FX - DB. yen-bear. talks on NISA
Deutsche Securities Inc. - Fixed Income Research
DEutsche JApan View on FX - DB, yen-bear, talks on NISA ... page/ 117 kb)
Download the complete report
Reason we have not stressed NISA's yen depreciation impact
The Japanese version of the Individual Savings Account system, known as NISA, will ... consider a simple calculation. Banks and securities brokers have competed fiercely to attract NISA accounts, and
applications for 3.58m accounts had been received as of 1 October. The government
https://www.justice.gov/epstein/files/DataSet%209/EFTA00677829.pdf
consider a simple calculation. Banks and securities brokers have
competed fiercely to attract NISA accounts, and applications for 3.58m
accounts had been received as of 1 October. The government ... flows suggest that they prefer domestic stocks to
foreign securities. If 25% of the NISA funds are allotted to foreign
securities such as investment trusts, it will come to Yltrn ... investment.
Of course, if the environment continues to encourage risk-taking activity
even without NISA, investors may invest more heavily and keenly in the NISA
program. However, most Japanese investors
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01461228.pdf
EFTA01461229Set 10
2013-12-191p433w
Subioct DEutsche JApan View on FX - DB, yen-bear, talks on NISA
Deutsche Securities Inc. - Fixed Income Research
DEutsche JApan View on FX - DB, yen-bear, talks on NISA ... pager 117 Ft)
Download the complete report
Reason we have not stressed NISA's yen depreciation impact
The Japanese version of the Individual Savings Account system, known as NISA, will ... consider a simple calculation. Banks and securities brokers have competed fiercely to attract NISA accounts, and
applications for 3.58m accounts had been received as of 1 October. The government
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01461229.pdf
investment.
Of course, if the environment continues to encourage risk-taking activity even without NISA, investors may invest more heavily
and keenly in the NISA program. However, most Japanese investors ... cannot imagine a 180-degree turnabout in investor behavior on the basis
of NISA.
Our belief that the yen will decline in value is based on the strength ... overseas yen carry trades, and Japanese buying of foreign currencies on dips. Regardless of NISA, we reiterate our USD/JPY
forecast
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01461230.pdf
EFTA01461227Set 10
2013-12-181p278w
Subject: DEutsche JApan view on FX - DB, yen-bear, talks on NISA
Deutsche Securities Inc. - Fixed Income Research
DEutsche JApan View on FX - DB, yen-bear, talks on NISA ... Download the complete report:
http://pull.db-gmresearch.com/p/601-FcD1/22257582/DB_DEJAviewFx_2013-12-18_09
00b8c087ad4ca2.pdf
Reason we have not stressed NISA'S yen depreciation impact
The Japanese version of the Individual Savings Account system, known as NISA
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01461227.pdf
EFTA01700887Set 10
2005-02-018p1,207w
Other
ASCAP
Sign Interpreter
Box office Groups 358.13 1,065.60 1,923.73
Phones
MC,Nisa 275.62 3,165.83 3,441.45
Discover Card 17.72 192.91 160.12
Amex
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01700887.pdf
EFTA00665146Set 9
3p1,043w
BRUEGHEL THE ELDER
7N6X6 VAN DER HEYDEN, PIETER. AFTER The Wedding of Mopsus and Nisa, or: The Dirty Bride 60,000
PIETER BRUEGHEL THE ELDER
7N6Z3 VAN DER HEYDEN, PIETER
https://www.justice.gov/epstein/files/DataSet%209/EFTA00665146.pdf
EFTA01158235Set 9
8p3,997w
IniettStUrCA. INK it teloP3OK tialtinerrIL
tenfmrsmak “kulaono.....ott, .bd.. 4 . et niSA, but.. ea r.et =pram eternprion c• mum. Oprini.d.." 1"....". 1... loN".",,"...b...thithalP. , th“...". P.41
https://www.justice.gov/epstein/files/DataSet%209/EFTA01158235.pdf