Re: Prepaid Swap ,
 Should I use this one or the suggestion from Carol St. Clair. Attache below.



---------------------- Forwarded by Jarrod Cyprow/HOU/ECT on 05/24/2000 08:27 
AM ---------------------------
   Carol St Clair                05/23/2000 02:50 PM

To: Jarrod Cyprow/HOU/ECT@ECT
cc: Sara Shackleton/HOU/ECT@ECT 
Subject: Re: Prepaid Swap  

Jarrod:
This looked fine to me.  My only comment is that in the definition of 
Floating Price Payer payment Amount instead of the words "a sum" consider 
using the words "an amount".
carol



	Jarrod Cyprow
	05/23/2000 02:14 PM
		 
		 To: Sara Shackleton/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT
		 cc: 
		 Subject: Prepaid Swap

I have attached a draft for a Prepaid Swap. This deal needs to be structured 
in such a way that the Fixed price is payed once, and the floating price is 
then paid every month. Please let me know if I can use the attached Draft.  


If you have any questions please give me a call (ext. 35700).
sara.shackleton@enron.com