Message-ID: <14142211.1075858260841.JavaMail.evans@thyme> Date: Thu, 15 Feb 2001 01:55:00 -0800 (PST) From: phillip.love@enron.com To: souad.mahmassani@enron.com, victor.guggenheim@enron.com, bruce.mills@enron.com, andres.balmaceda@enron.com, michael.walters@enron.com, sladana-anna.kulic@enron.com Subject: GD Tiered deals Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Phillip M Love X-To: Souad Mahmassani, Victor Guggenheim, Bruce Mills, Andres Balmaceda, Michael Walters, Sladana-Anna Kulic X-cc: X-bcc: X-Folder: \Phillip_Love_Jun2001\Notes Folders\All documents X-Origin: Love-P X-FileName: plove.nsf FYI, Please book all future GD priced tiered deals as two deals in sitara. The reason for this is eventhough we put a swap on the deal for the volume that should be at index, the swap looks at the volume as a monthly volume as opposed to a daily and gives the monthly volume to the desk at mid. What typically happens is the total volume for the first half of the month comes to the desk entirely at mid. This is causing some substantial OA variances. If you have any questions, please let me know. Thanks.