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Details of European Sovereign exposure and List of Bonds (Sovereign and Government Guaranteed) in which Jefferies International Limited holds a position greater than eur 500k

* In addition to the cash position Jefferies Hold a short interest in BTP futures (2y, 5y, and 10y) for a total notional amount of USD 101.8M and an equivalent dv01 short expsosure of USD 42k



ITALY SPAIN IRELAND



USD (MM) Long Short Net Pos  usd dv01 (k)  USD (MM) Long Short Net Pos usd dv01 (k)  USD (MM) Long Short Net Pos  usd dv01 (k) 

2011           0.6     (212.5)     (211.9)                    (1.1) 2011 0.2 ‐2.2 ‐2.0 0.0 2011          ‐ (12.9)

       (12.9)

                          (0.0)

2012   1,518.7  (1,503.4)         15.3                    (1.3) 2012 25.8 ‐5.3 20.5 1.0 2012        58.3       (22.9)         35.5                    1.5

2013         43.6          (9.9)         33.7                     5.4 2013 10.2 ‐11.1 ‐0.9 ‐0.5 2013        36.8       (18.8)         18.0                    1.6

2014       228.7 (45.1)

              183.6                   43.1 2014 29.9 ‐4.7 25.2 5.6 2014          ‐ (12.8)

       (12.8)

                          (2.4)

2015         33.4 (18.7)

                14.7                     4.3 2015 0.0 ‐19.1 ‐19.1 ‐5.7 2015          7.9         (2.6)           5.4                    1.5

2016         46.2           ‐         46.2                   18.4 2016 9.9 ‐40.4 ‐30.5 ‐11.6 2016          0.2          ‐           0.2                    0.2

2017         16.4 (26.3)

                 (9.8)                    (6.0) 2017 0.0 ‐20.2 ‐20.2 ‐9.6 2017           ‐

2018         14.7          (9.1)           5.6                     3.8 2018 0.5 ‐5.8 ‐5.3 ‐3.3 2018          0.1          ‐           0.1                    0.1

2019         47.3 (16.4)

                30.9                   19.6 2019 0.4 ‐0.8 ‐0.5 ‐0.3 2019          ‐ (10.4)        

       (10.4)                   (6.1)

2020           ‐ (64.1)

        (64.1)

        (42.2)

                  2020 0.0 ‐0.9 ‐0.9 ‐0.6 2020          3.3         (0.2)           3.1                    2.0

2021         14.9 (31.0)

        (16.1)

                         

(11.4) 2021 0.5 0.0 0.5 0.4 2021           ‐

2022           ‐          (5.9)          (5.9)                    (4.4) 2022 2022           ‐

2023           1.0           ‐           1.0                     0.8 2023 2023           ‐

2024           ‐           ‐           ‐ 2024 0.0 0.0 0.0 0.0 2024           ‐

2025           5.0           ‐           5.0                     4.4 2025 0.1 0.0 0.1 0.1 2025          0.1          ‐           0.1                    0.1

2026           0.0          (3.0)          (2.9)                    (2.8) 2026 0.0 ‐4.7 ‐4.7 ‐4.4 2026

2027           0.0           ‐           0.0                     0.0 2027 2027

2028           ‐           ‐           ‐ 2028 2028

2029           0.4           ‐           0.4                     0.4 2029 0.0 ‐0.6 ‐0.6 ‐0.6 2029

2030‐2045           8.2          (3.6)           4.6                     5.0 2030‐2045         13.5          ‐        13.5                 16.6 2030‐2045

TOTAL   1,979.3  (1,949.0)         30.3                   36.0 TOTAL         91.0    (115.9)      (24.9)                (12.9) TOTAL      106.8 (80.5)         26.4                   (1.6)

      





IT0004653728  BOTS 0 11/15/11 ES0L01112165  SGLT 0 12/16/11 IE00B3FCJN73  IRISH 4 11/11/11

IT0004719297  BOTS 0 11/30/11 ES0000011595  SPGB 8.7 02/28/12 XS0491279286  BKIR 2 3/4 03/02/12

IT0004729734  BOTS 0 12/30/11 ES0L01204202  SGLT 0 04/20/12 IE00B5S94L21  IRISH 3.9 03/05/12

IT0004745094  BOTS 0 01/31/12 ES00000121I8  SPGB 2 3/4 04/30/12 XS0502258287  ANGIRI 2 5/8 04/16/12

IT0003190912  BTPS 5 02/01/12 XS0340177608  ICO 4 5/8 06/06/12 US46271HAA59  IPBS 3.6 01/14/13

IT0004683014  BOTS 0 02/15/12 ES0000012791  SPGB 5 07/30/12 XS0478619694  IPBS 3.6 01/14/13

IT0004572910  ICTZ 0 02/29/12 ES00000120L4  SPGB 3.9 10/31/12 IE0031256328  IRISH 5 04/18/13

IT0004750813  BOTS 0 02/29/12 ES0000011660  SPGB 6.15 01/31/13 IE00B3KWYS29  IRISH 4 01/15/14

IT0003858856  CCTS 0 03/01/12 XS0247069155  ICO 4 1/2 03/07/13 XS0482810958  BKIR 4 01/28/15

IT0004467483  BTPS 3 03/01/12 ES0000095903  GENCAT 4 1/8 04/23/13 XS0493444060  IPBS 4 03/10/15

IT0004696669  BOTS 0 03/15/12 ES00000121T5  SPGB 2.3 04/30/13 IE00B2QTFG59  IRISH 4.4 06/18/19

IT0004755408  BOTS 0 03/30/12 ES0000012866  SPGB 4.2 07/30/13 IE00B6089D15  IRISH 5.9 10/18/19

IT0004220627  BTPS 4 04/15/12 ES00000122R7  SPGB 2 1/2 10/31/13 IE0034074488  IRISH 4 1/2 04/18/20

IT0004706914  BOTS 0 04/16/12 ES00000121H0  SPGB 4 1/4 01/31/14

IT0004605090  ICTZ 0 04/30/12 ES00000123D5  SPGB 3.4 04/30/14

IT0004765621  BOTS 0 04/30/12 ES0000012098  SPGB 4 3/4 07/30/14

IT0004719289  BOTS 0 05/15/12 ES0000012916  SPGB 4.4 01/31/15

IT0004727142  BOTS 0 06/15/12 ES00000122F2  SPGB 3 04/30/15

IT0004745086  BOTS 0 07/16/12 ES00000120G4  SPGB 3.15 01/31/16

IT0004750821  BOTS 0 08/15/12 ES0314950694  BFASM 5 1/4 04/07/16

IT0004634124  ICTZ 0 08/31/12 ES00000122X5  SPGB 3 1/4 04/30/16

IT0004755390  BOTS 0 09/14/12 ES00000123J2  SPGB 4 1/4 10/31/16

IT0004284334  BTPS 4 1/4 10/15/12 ES00000120J8  SPGB 3.8 01/31/17

IT0004765613  BOTS 0 10/15/12 ES0000012783  SPGB 5 1/2 07/30/17

IT0003993158  CCTS 0 11/01/12 ES00000121A5  SPGB 4.1 07/30/18

IT0004564636  BTPS 2 12/15/12 US371470AB11 GENCAT 6.25 12/15/18

IT0004674369  ICTZ 0 12/31/12 ES00000121L2  SPGB 4.6 07/30/19

IT0004716327  ICTZ 0 04/30/13 ES00000122T3  SPGB 4.85 10/31/20

IT0004612179  BTPS 2 06/01/13 ES00000123C7  SPGB 5.9 07/30/26

IT0004101447  CCTS 0 07/01/13 ES0000012411  SPGB 5 3/4 07/30/32

IT0003472336  BTPS 4 1/4 08/01/13 ES0000012932  SPGB 4.2 01/31/37

IT0004765183  ICTZ 0 09/30/13 ES00000120N0  SPGB 4.9 07/30/40

IT0004653108  BTPS 2 1/4 11/01/13 ES00000121S7  SPGB 4.7 07/30/41

IT0004224041  CCTS 0 03/01/14

IT0004707995  BTPS 3 04/01/14

GB0004601430 ITALY 10.5 04/28/14

IT0004505076  BTPS 3 1/2 06/01/14

IT0004750409  BTPS 4 1/4 07/01/14

IT0003618383  BTPS 4 1/4 08/01/14

IT0004321813  CCTS 0 12/01/14

IT0003719918  BTPS 4 1/4 02/01/15

IT0004568272  BTPS 3 04/15/15

IT0004615917  BTPS 3 06/15/15

IT0003844534  BTPS 3 3/4 08/01/15

IT0004404965  CCTS 0 09/01/15

IT0004656275  BTPS 3 11/01/15

IT0004712748  BTPS 3 3/4 04/15/16

IT0004518715  CCTS 0 07/01/16

IT0004019581  BTPS 3 3/4 08/01/16

IT0004761950  BTPS 4 3/4 09/15/16

IT0004164775  BTPS 4 02/01/17

IT0003242747  BTPS 5 1/4 08/01/17

IT0004652175  CCTS 0 10/15/17

IT0004273493  BTPS 4 1/2 02/01/18

IT0004716319  CCTS 0 04/15/18

IT0004361041  BTPS 4 1/2 08/01/18

IT0003493258  BTPS 4 1/4 02/01/19

IT0004423957  BTPS 4 1/2 03/01/19

IT0004489610  BTPS 4 1/4 09/01/19

IT0003644769  BTPS 4 1/2 02/01/20

IT0004536949  BTPS 4 1/4 03/01/20

IT0004594930  BTPS 4 09/01/20

IT0004634132  BTPS 3 3/4 03/01/21

IT0004009673  BTPS 3 3/4 08/01/21

IT0004695075  BTPS 4 3/4 09/01/21

IT0004759673  BTPS 5 03/01/22

IT0004356843  BTPS 4 3/4 08/01/23

IT0004513641  BTPS 5 03/01/25

IT0004644735  BTPS 4 1/2 03/01/26

IT0001444378  BTPS 6 05/01/31

IT0003535157  BTPS 5 08/01/34

IT0003934657  BTPS 4 02/01/37

IT0004286966  BTPS 5 08/01/39

IT0004532559  BTPS 5 09/01/40









Page 1 of 2 11/4/2011

Details of European Sovereign exposure and List of Bonds (Sovereign and Government Guaranteed) in which Jefferies International Limited holds a position greater than eur 500k

* In addition to the cash position Jefferies Hold a short interest in BTP futures (2y, 5y, and 10y) for a total notional amount of USD 101.8M and an equivalent dv01 short expsosure of USD 42k



PORTUGAL GREECE TOTAL EXPOSURE



USD (MM) Long Short Net Pos  usd dv01 (k)  USD (MM) Long Short Net Pos usd dv01 (k)  USD (MM) Long Short Net Pos  usd dv01 (k) 

2011 0.0 0.0 0.0 0.0 2011 2011 0.8 ‐227.6 ‐226.8 ‐1.2

2012 5.0 ‐3.3 1.6 0.0 2012 2012 1607.8 ‐1534.9 72.9 1.3

2013 4.3 ‐0.4 3.9 0.5 2013 2013 94.9 ‐40.2 54.7 7.1

2014 0.7 0.0 0.7 0.2 2014 2014 259.3 ‐62.6 196.7 46.4

2015 0.3 0.0 0.3 0.1 2015 2015 41.7 ‐40.3 1.3 0.3

2016 0.3 ‐4.7 ‐4.4 ‐1.3 2016 2016 56.7 ‐45.1 11.6 5.6

2017 0.9 0.0 0.9 0.4 2017 2017 17.3 ‐46.5 ‐29.2 ‐15.2

2018 0.0 ‐0.1 ‐0.1 ‐0.1 2018 2018 15.4 ‐15.1 0.3 0.6

2019 0.5 0.0 0.5 0.2 2019 2019 48.1 ‐27.6 20.5 13.4

2020 0.0 ‐0.9 ‐0.9 ‐0.5 2020 2020 3.3 ‐66.0 ‐62.8 ‐41.3

2021 1.1 0.0 1.1 0.7 2021 2021 16.5 ‐31.0 ‐14.5 ‐10.3

2022 2022 2022 0.0 ‐5.9 ‐5.9 ‐4.4

2023 0.0 ‐1.3 ‐1.3 ‐1.0 2023 2023 1.0 ‐1.3 ‐0.3 ‐0.1

2024 2024 2024 0.0 0.0 0.0 0.0

2025 2025 2025 5.2 0.0 5.2 4.6

2026 2026 2026 0.0 ‐7.6 ‐7.6 ‐7.2

2027 2027 2027 0.0 0.0 0.0 0.0

2028 2028 2028 0.0 0.0 0.0 0.0

2029 2029 2029 0.4 ‐0.6 ‐0.2 ‐0.2

2030‐2045           0.7           ‐           0.7                 0.8 2030‐2045 2030‐2045 22.4 ‐3.6 18.8 22.4

TOTAL         13.9        (10.7)           3.2                 0.1 TOTAL           ‐          ‐          ‐                ‐ TOTAL 2,191.0 (2,156.1)        34.9               21.6





PTPBT2GE0011  PORTB 0 03/23/12

PTOTEKOE0003  PGB 5 06/15/12

PTPETQOM0006  PARPUB 3 1/2 07/08/13

PTOTEOOE0017  PGB 3.6 10/15/14

PTOTEPOE0016  PGB 6.4 02/15/16

PTOTELOE0010  PGB 4.35 10/16/17

PTOTEMOE0027  PGB 4 3/4 06/14/19

PTOTECOE0029  PGB 4.8 06/15/20

PTOTEYOE0007  PGB 3.85 04/15/21

PTOTEAOE0021  PGB 4.95 10/25/23

PTOTE5OE0007  PGB 4.1 04/15/37









Page 2 of 2 11/4/2011


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