Enron Mail

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
Date:Thu, 15 Feb 2001 01:55:00 -0800 (PST)

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.