Epstein File EFTA01458284: Deutsche Bank and School (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01458284: Deutsche Bank and School (DS10)

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This document is a Deutsche Bank AG/London corporate credit analysis dated September 1, 2015, containing financial charts and yield spread differentials for EUR-GBP bonds. The document is marked confidential pursuant to Federal Rules of Criminal Procedure 6(e). The analysis discusses credit market conditions and bond yield impacts but contains no information related to Epstein or specific financial transactions in the available excerpts.

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Deutsche Bank school

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Excerpt 1

47: EUR-GBP Bond Yield and Spread Differentials 50 Yield ASW (Local) A ASW (EUR) 0 -50 -100 -150 -200 -250 0 2 4 6 8 10 12 14 16 Life (Years) Source: **Deutsche**

Excerpt 2

**Bank**, Bloomberg Finance LLP Overall it does appear that even once we've taken into account the yield and currency impacts USD and GBP credit is starting

Excerpt 3

Page 26 **Deutsche** **Bank** AG/London CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118127 CONFIDENTIAL SDNY_GM_00264311 EFTA01458284