📄 Extracted Text (233 words)
From: Jeffrey Epstein <[email protected]>
To: "Barrett, Paul S"
Subject: Re: To Do
Date: Mon, 12 Mar 2012 16:30:04 +0000
ok
On Mon, Mar 12, 2012 at 11:11 AM, Barrett, Paul S < > wrote:
Jeffrey
RBS just issued a new bond
RBS 13.125% 2022 in AUD. I think we should buy $2MM of this and hedge it back into USD. The yield in AUD is 12.57%.
Hedge cost is around 4% so we are looking at 8.57% yield in USD.
Let me know
Paul
Paul Barrett, CFA
Managing Director
Global Investment Opportunities Group
JPMorgan Private Bank
320 Park Avenue, 14th Floor, New York, NY 10022
NMLS ID# 853441
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