The Great Blogs by Michael Abbas

INSTRUMENT : MEDIUM TERM NOTE (MTN) , CASH BACKED, ICC 458 OR 758 FORMAT TYPE : OPERATIVE, IRREVOCABLE, ASSIGNABLE AND CONFIRMED TERM : TEN YEARS YEAR AND ONE DAY INTEREST RATE ISSUING BANK : : 7.5% ANNUALLY DEUTSCHE, BARCLAYS, HSBC, RBS, CREDIT SUISSE OR OTHER S&P RATED AAA WEB CONTRACT AMOUNT : MINIMUM 500M UP TO EUR 50B, WITH ROLLS AND EXTENSIONS FIRST TRANCHE : EUR 500M ADDITIONAL TRANCHES : AS AGREED BY BOTH PARTIES (REFER TO PROPOSED TRANCHE SCHEDULE) CURRENCY : EUR FUNDING RATE : 30 % + 2 % COMMISSION (1% open starts with ME) PAYMENT : SWIFT FEE OR POF MT799 DELIVERY MODE : SWIFT MT760 & ORIGINAL HARD COPY BY BANK BONDED COURIER 1 0PARTY B SUBMITS TO PARTY A THIS SIGNED AGREEMENT, TOGETHER WITH CLIENT INFORMATION

Bank Instrument for PURCHASE / BUY & BROKERS/AGENTS ARE WELCOME BANK GUARANTEES (BG), CASH-BACKED , Standby Letter of Credit (SBLC) SELLER# 1 -  BG/SBLC PRE-ADVICE FIRST FROM SELLER @ 40+2 Description of Instrument: Instrument                     :           Bank Guarantee (BG) – Exhibit “A” Age                              :           Fresh Cut Interest Rate                 :           Zero Percent (0%) Term                            :           One (1) Year and One (1) Day Issuing Banks                :   HSBC BANK UK, BARCLAYS BANK UK Currency                       :            EURO/USD Contract Amount           :    EUR/USD50B with R & E & up Emission Rate               :    40 +1+1 % Percent of BG Face Value Commissi on              : (A) One Percent( 1 %) of Face Value for Seller’s Internal Platform  (CLOSED) (B) O ne Percent ( 1 %) of Face Value for the following parties:-   1/3  –   SELLER’S PLATFORM (CLOSED)   1/3