Illegal Activity
none
Blackmail
none
Date
2015-01-13
Document Type
other
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:44
Summary
This document details a bid by Deutsche Bank (DB) for Brazil CDS protection with Southern Financial LLC. It outlines the terms of the default swap, including notional amounts, trade dates, and associated fees.
Metadata
- Subject
- Brazil CDS Protection Bid
- Sender
- Vahe
- Recipients
- —
- Document ID
- DB-SDNY-0060418
- Date
- 2015-01-13
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| DB | Business | SOUTHERN FINANCIAL LLC | DB sells default protection on FEDERATIVE REPUBLIC OF BRAZIL to SOUTHERN FINANCIAL LLC |
Notable Quotes 2
DB's bid for your Brazil CDS protection is 445bps p.a. This equals an unwind fee payment by DB of $1,256,044.
Recall you paid 491,941 to enter the trade.
Financial Information
Amounts:445bps$1,256,044491,941USD 10,000,000205 bpsUSD 491,94195.01670000498.330.00-4.576.8268824283-6.389.00-129.8125752157
Assets:
- BraSov default swap
- BRAZIL 12.25% OF 03/30 ISIN: US105756AL40
Transactions:
- DB's bid for Brazil CDS protection
- DB Sells default protection on FEDERATIVE REPUBLIC OF BRAZIL
- Unwind fee payment by DB of $1,256,044
- Upfront fee: DB Receive USD 491,941
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
People 1
Organizations 4
DBDeutsche BankSOUTHERN FINANCIAL LLCFEDERATIVE REPUBLIC OF BRAZIL
Locations 3
BrazilLDNNYC
Text Analysis
- Tone
- Professional
- Purpose
- To inform the recipient of DB's bid for Brazil CDS protection and the associated unwind fee payment.
- Significance
- Details a financial transaction involving a Brazil default swap between DB and Southern Financial LLC.
File Info
- File Name
- EFTA01368602.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:44:01.975248
- DOJ Source
- View on DOJ