A memo discussing a financial strategy involving EURUSD Deposit Plus with a 4.5% annualized yield. It suggests monetizing a bullish view on the euro by selling USD and collecting a premium, with the option to flip to EUR on deposit if assigned. The memo also notes an uptick in longer-dated sovereign periphery credit, specifically mentioning Portugal.
doj/DataSet10/EFTA01450995.pdf
{"key_people":["Jeffrey","Tazia Smith"],"document_date":"2013-12-24","document_type":"correspondence","key_locations":["New York, NY"],"document_subtype":"memo","key_organizations":["Deutsche Bank Securities Inc","Deutsche Asset & Wealth Management"],"reference_numbers":["DB-SDNY-0107076","SDNY_GM_00253260","EFTA01450995"]}