How's this:

A US Jet Kerosene financial Swap Transaction with Enron North America Corp. 
under which the Seller pays a 
Floating Price and the Buyer pays the price submitted by Counterparty on the 
website (the Fixed Price) in respect 
of the Notional Quantity per Determination Period. The Notional Quantity per 
Determination Period shall be the 
volume submitted by Counterparty on the website. Each calendar month during 
the term of the Transaction 
will be a Determination Period. The Payment Date(s) will be 5 business days 
after the Floating Price is 
determinable.  The Floating Price shall be the Index for the relevant 
Determination Period.
The term of the Transaction shall be from the Effective Date of 01 Apr 2000 
to the Termination Date of 30 Jun 2000.
The Index for a Determination Period shall be the mean of daily official 
settlement prices  for Jet Kerosene 
located in the table "Product Price Assessments" and published under the 
headings "US Gulf Coast: Pipeline" 
and opposite the caption "Jet/Kero 54" as published in Platt's Oilgram Price 
Report for each day within such 
Determination Period.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in total 
number of Barrels per month.




Sent by: Mark E Taylor
To: Dale Neuner/HOU/ECT@ECT
cc:  
Subject: Re: US Jet Kero Swap -  

My only concern is that the Floating Price is the Index for the Determination 
Period (which is a month) but the Index is a daily index.  Should we be 
taking the average for the month?



Dale Neuner on 01/31/2000 05:10:41 PM
To: Mark E Taylor/HOU/ECT@ECT
cc: Bjorn Hagelmann/HOU/ECT@ECT, Patrick Markey/HOU/ECT@ECT 
Subject: US Jet Kero Swap -


Bjorn - as requested.

Mark - we are finished building the Jet Kero product and have all approvals 
and uploads. Please offer final review 
so that I can release this product:

US Jet Kero Swap Platts GC 54    Apr-Jun00   c/Gl-b

A US Jet Kerosene financial Swap Transaction with Enron North America Corp. 
under which the Seller pays a 
Floating Price and the Buyer pays the price submitted by Counterparty on the 
website (the Fixed Price) in respect 
of the Notional Quantity per Determination Period. The Notional Quantity per 
Determination Period shall be the 
volume submitted by Counterparty on the website. Each calendar month during 
the term of the Transaction will 
be a Determination Period. The Payment Date(s) will be 5 business days after 
the Floating Price is determinable.  
The Floating Price shall be the Index for the relevant Determination Period.
The term of the Transaction shall be from the Effective Date of 01 Apr 2000 
to the Termination Date of 30 Jun 2000.
The Index for a day shall be the mean of daily official settlement prices  
for Jet Kerosene located in the
table "Product Price Assessments" and published under the headings "US Gulf 
Coast: Pipeline" and opposite 
the caption "Jet/Kero 54" as published in Platt's Oilgram Price Report for 
such day.
The price is quoted in cents (US) per unit of measure which will be the 
Contractual Currency.
The unit of measure against which the price is quoted shall be gallons and 
the volume shown shall be in 
total number of Barrels per month.