Smith & Associates, LLC

MTN Selling contact direct to the cutting house of the instruments.  Please review the process below.  If you have questions please contact me by email.  

DRAFT OF CONDITIONAL SWIFT
Format MT 103, Field 23


Instruments : Medium Term Notes
Currency : EUROS
Term : Ten (10) Years and One (1) Day
Interest : Seven and One Half Percent (7.5%) payable in arrears.
Contract Amount : FIFTY BILLION EUROS (E 50-B)
First Tranche : FIVE HUNDRED MILLION EUROS.
Issuing Bank : Top 25 Western European Bank.
Denominations : 10, 20, 50 and 100 Million or as can be supplied
  by the Seller?s Bank.


This conditional, irrevocable, divisible, assignable, transferable and callable S.W.I.F.T. wire transfer is valid for twenty (20) banking days from the ____ day of May, 2008 AND UNTIL THE ___ DAY OF JUNE, 2008.


This is an operative bank instrument and is subject to the Uniform Commercial Code as it relates to bank credit instruments.




Signature: _______________________                Signature: _______________________
                         BANK OFFICER                                                   BANK OFFICER
Print Name:______________________                Print Name:______________________
Title:___________________________                Title:____________________________

                                                               Bank Seal: