/raid1/www/Hosts/bankrupt/TCRAP

/raid1/www/Hosts/bankrupt/TCRAP_Public/201117.mbx T R O U B L E D C O M P A N Y R E P O R T E R A S I A P A C I F I C Tuesday, November 17, 2020, Vol. 23, No. 230 Headlines A U S T R A L I A EDEN COURT: Second Creditors' Meeting Set for Nov. 24 PWUO TRADING: First Creditors' Meeting Set for Nov. 24 [*] AUSTRALIA: Government Tables Insolvency Reforms in Parliament C H I N A CAR INC: Moody's Confirms Caa1 CFR, Outlook Negative CAR INC: S&P Affirms 'CCC' LT Issuer Credit Rating, Off CreditWatch HUACHEN AUTOMOTIVE: Creditors Apply for Company Restructuring SHANDONG WEIQIAO: Bond Downgrade Could Signal Trouble H O N G K O N G GOLDIN FINANCIAL: Scraps HK$1.3-Billion Share Placement I N D I A AMBICA TIMBERTRADE: ICRA Keeps D on INR35cr Debt in Not Cooperating ANNUR SATYA: ICRA Puts B- Ratings on Watch Developing CONSOLIDATED CONSTRUCTION: ICRA Keeps Debt Rating in NonCooperating GOMATHA COTTON: ICRA Keeps B on INR12cr Loans in Not Cooperating HARI KRIPA: ICRA Lowers Rating on INR20cr Cash Loan to D HARIDARSHAN JEWELLERS: ICRA Keeps D Debt Ratings in Not Cooperating HITECH HYDRAULICS: ICRA Cuts Rating on INR3cr LT Loan to B+ IL&FS SOLAR: ICRA Lowers Rating on INR210cr Loans to D IL&FS TRANSPORTATION: ICRA Keeps D Debt Ratings in Not Cooperating JAIN FARM: ICRA Moves C Debt Ratings to Not Cooperating Category KARUN RICE: ICRA Keeps B on INR7cr Loans in Not Cooperating KARVY FINANCIAL: ICRA Hikes Rating on INR174.36cr Loan to C KM TOLL: ICRA Keeps D on INR789cr Loan in Not Cooperating KRISHNA STEVEDORES: ICRA Lowers Rating on INR44.50cr Loan to D MAGADH PRECISION: ICRA Keeps D on INR75cr Loans in Not Cooperating MAXWORTH PLYWOODS: ICRA Keeps D on INR6cr Loans in Not Cooperating MOHANLAL JEWELLERS: ICRA Cuts Rating on INR100cr LT Loan to B+ NEW ERA: ICRA Withdraws D Rating on INR15cr Debentures R BALARAMI: ICRA Reaffirms B+ Rating on INR6cr LT Loan RAMAKRISHNA HOUSING: ICRA Keeps D on INR315cr Loan in Uncooperating SAI SANNIDHI: ICRA Withdraws B+ Rating on INR7cr LT Loan SANDOR MEDICAIDS: ICRA Keeps D on INR20cr Loan in Not Cooperating SHARDA TIMBERS: ICRA Keeps D Debt Ratings in Not Cooperating SHILPI CABLE: ICRA Keeps D on INR27cr Debt in Not Cooperating SHIV COTTON: ICRA Keeps D on INR6.5cr Loans in Not Cooperating SHREEDHAR MILK: ICRA Keeps D on INR20cr Debts in Not Cooperating SHYAMJI AGRICO: ICRA Keeps D on INR21.25cr Loans in Not Cooperating SIRWAR RENEWABLE: ICRA Lowers Rating on INR10cr Loan to B+ SUPRIYA SPINNING: ICRA Keeps B Debt Ratings in Not Cooperating VGN PROJECTS: ICRA Lowers Issuer Rating to D, Non-Cooperating N E W Z E A L A N D JUCY RENTALS: Placed Into Receivership Following Asset Sale S I N G A P O R E HYFLUX LTD: Placed Under Judicial Management S O U T H K O R E A ASIANA AIRLINES: To Be Acquired by Korean Air for US$1.62 Billion X X X X X X X X [*] BOND PRICING: For the Week Nov. 9, 2020 to Nov. 13, 2020 - - - - - ================= A U S T R A L I A ================= EDEN COURT: Second Creditors' Meeting Set for Nov. 24 ----------------------------------------------------- A second meeting of creditors in the proceedings of Eden Court GC Pty Ltd has been set for Nov. 24, 2020, at 3:00 p.m. via teleconference only. The purpose of the meeting is (1) to receive the report by the Administrator about the business, property, affairs and financial circumstances of the Company; and (2) for the creditors of the Company to resolve whether the Company will execute a deed of company arrangement, the administration should end, or the Company be wound up. Creditors wishing to attend are advised proofs and proxies should be submitted to the Administrator by Nov. 23, 2020, at 4:00 p.m. Gavin Moss of Chifley Advisor was appointed as administrator of Eden Court on Oct. 20, 2020. PWUO TRADING: First Creditors' Meeting Set for Nov. 24 ------------------------------------------------------ A first meeting of the creditors in the proceedings of PWUO Trading Pty Ltd, trading as Pauls Warehouse USA Outlet, will be held on Nov. 24, 2020, at 11:00 a.m. via BPS teleconference facilities. David Anthony Hurst of BPS Recovery was appointed as administrator of PWUO Trading on Nov. 12, 2020. [*] AUSTRALIA: Government Tables Insolvency Reforms in Parliament ----------------------------------------------------------------- SmartCompany reports that small businesses could have access to a new insolvency framework in January if legislation introduced by the federal government on Nov. 12 passes parliament. According to SmartCompany, the government unveiled plans to overhaul Australia's insolvency system in September in response to the economic crisis caused by the COVID-19 pandemic, presenting a suite of reforms that would see Australia move to a ‘debtor in possession' insolvency model, instead of a ‘creditor in possession' model. If passed by parliament, the new system will be in place on January 1, 2021, however, it's not yet clear if the Labor opposition will support the legislation, SmartCompany says. Writing for SmartCompany in September, Shadow Small Business Minister Brendan O'Connor welcomed the reforms, while also raising concerns about future access to capital for businesses that use the restructuring provisions and risks to employee entitlements after businesses are restructured. On Nov. 12, Treasurer Josh Frydenberg described the reforms as "the most significant changes to Australia's insolvency framework in 30 years", which will "help more small businesses restructure and survive the economic impact of COVID-19," the report relays. "As the economy continues to recover, it will be critical that distressed businesses have the necessary flexibility to either restructure or to wind down their operations in an orderly manner," he said in a statement. SmartCompany relates that under the new model, incorporated businesses with less than AUD1 million in liabilities that are facing insolvency will be able to retain control of their businesses and continue trading while restructuring debts. This differs from the current model in which creditors are able to appoint external administrators to insolvent small businesses, however, the new system would still allow creditors to vote on restructuring plans. The reforms will also include a new liquidation process for small businesses, with streamlined meeting and reporting obligations, which Mr. Frydenberg said will allow for "faster and lower-cost liquidation". Meanwhile, "complementary measures" will also be put into place for insolvency practitioners to increase demand from small businesses in the short and long term, SmartCompany relays. According to SmartCompany, the Treasurer said the insolvency reforms are expected to cover about 76% of businesses that experience insolvencies, almost all of which have fewer than 20 employees. They follow temporary insolvency protections offered to businesses throughout 2020, including temporary increases to both the threshold at which creditors can issue statutory demands and the time in which companies must respond to statutory demands, the report says. These measures, which also protect businesses owners from any personal liability for trading while insolvent, will be in place until December 31, 2020, according to SmartCompany. ========= C H I N A ========= CAR INC: Moody's Confirms Caa1 CFR, Outlook Negative ---------------------------------------------------- Moody's Investors Service has confirmed CAR Inc.'s Caa1 corporate family and senior unsecured ratings. At the same time, Moody's has changed the outlook on all ratings to negative from ratings under review. This rating action concludes the review for upgrade initiated on July 22, 2020. On November 10, 2020, CAR announced that the sale and purchase agreements signed in July 2020 between Jiangxi Province Jinggangshan Beiqi Investment Management Co., Ltd. (Jinggangshan BAIC) and CAR's shareholders, UCAR Inc. and Amber Gem Holdings Limited (a subsidiary of Warburg Pincus & Co.), have been terminated and may not proceed, respectively. "The rating confirmation reflects the fact that CAR's high refinancing risk, which is exacerbated by its substantial shareholder UCAR's negative impact on its funding access, remains because the transactions did not proceed," says Gerwin Ho, a Moody's Vice President and Senior Credit Officer. This development differs from Moody's original expectation that the introduction of Jingganshan BAIC, an affiliate of Beijing Automotive Group Co., Ltd. (BAIC Group, Baa3 stable), as a key 28.9% shareholder could significantly improve CAR's access to funding and weak liquidity, which are crucial to its business operations. The negative outlook on the ratings reflects the fact that the weak operating environment and challenges at UCAR could weaken CAR's funding access and financial profile. RATINGS RATIONALE CAR's Caa1 rating factors in its high refinancing risk and the risks posed by UCAR to CAR's standalone credit profile, including elevated refinancing, governance and business risks. These risks largely offset CAR's leading position in China's car rental market, its moderate debt leverage and its financial flexibility in reducing its fleet to generate liquidity. CAR's liquidity is weak. As of June 30, 2020, its cash balance including restricted cash of RMB927 million was not sufficient to cover its short-term debt of RMB5.2 billion, which included a USD300 million bond that is due in February 2021. In an announcement dated September 1, 2020, UCAR indicated its shares would be delisted, following the company's inability to publish its 2019 annual report by August 31, 2020[1]. UCAR had pledged its CAR shares as collateral for some of its borrowing as of June 30, 2019[2], creating the risk of a change of control that would accelerate CAR's debt repayments and impact its operations. In its November 10 announcement, CAR disclosed that UCAR had entered into a sale and purchase agreement with Indigo Glamour Company Limited, under which the latter would acquire UCAR's 443 million CAR shares, or about 20.9% of CAR's total issued share capital, for a total consideration of HKD1.8 billion. Indigo Glamour is a subsidiary of MBK Partners Fund IV, a private investment fund managed by MBK Partners GP IV, L.P. If the transaction is completed, Indigo Glamour will hold an approximate 20.9% stake in CAR. The transaction is subject to the satisfaction or waiver of certain conditions precedent, including approvals or confirmations from the relevant government and regulatory authorities. As of June 30, 2020, Legend Holdings Corporation holds shares that represent about 26.6% of CAR's total issued capital, while Amber Gem holds shares that represent about 14.8% of CAR's total issued capital as of November 10, 2020. Moody's views that the proposed introduction of Indigo Glamour (subsidiary of a fund managed by MBK) as a shareholder could lower CAR's governance risk. However, the transaction with Jinggangshan BAIC could have potentially benefited CAR's funding access more significantly, given that BAIC Group is a key shareholder in Jinggangshan BAIC with a 40% stake. BAIC Group is one of the top five automakers in China by unit sales, and is a state-owned enterprise owned by the Beijing Municipal Government through its parent company Beijing State-owned Capital Operation and Management Center (A1 stable). The coronavirus outbreak in China had reduced leisure and business travel, pressuring CAR's revenue, particularly in 1Q20. However, Moody's expects the impact of the outbreak on CAR's business will continue to dissipate in 2H20 and onwards, reflecting China's relatively effective containment of the virus. Specifically, Moody's expects CAR's revenue will remain stable over the next 12-18 months. Auto rental revenue will drop an approximate 2% compared with the same period a year ago as a result of a decline in its fleet size, although this will be offset by a recovery in rental pricing. Revenue from used-vehicle sales is expected to grow about 3% compared with the same period a year ago as the company reduces its fleet to boost utilization and improve liquidity. Consequently, Moody's expects CAR's debt leverage, as measured by adjusted debt/EBITDA, will remain stable at about 3.4x over the next 12 months, as compared with 3.6x in the 12 months ended June 30, 2020, mainly reflecting a lower level of debt. Moody's credit assessment also takes into account the following environmental, social and governance (ESG) considerations. Moody's regards the coronavirus outbreak as a social risk under its ESG framework, given the substantial implications for public health and safety. The action also reflects the impact on CAR of the breadth and severity of the shock, and the broad deterioration in credit quality and shifts in market sentiment it has triggered. As for governance, the company has a diversified shareholder base that includes major shareholders such as Legend Holdings Corporation. However, CAR's rating continues to reflect governance risks relating to its substantial shareholder UCAR. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS Moody's could revise the outlook to stable if there is material improvement in CAR's liquidity, access to funding and business operations, along with a substantial reduction in the risk associated with UCAR's shareholding. Moody's could also downgrade the rating if the company fails to meet its financial obligations or adhere to sound governance standards. The principal methodology used in these ratings was Equipment and Transportation Rental Industry published in April 2017. CAR Inc., founded in 2007 and headquartered in Beijing, provides car rental services, including car rentals and fleet rentals in China. It was listed on the Hong Kong Stock Exchange in September 2014. CAR INC: S&P Affirms 'CCC' LT Issuer Credit Rating, Off CreditWatch ------------------------------------------------------------------- S&P Global Ratings, on Nov. 13, 2020, affirmed its 'CCC' long-term issuer credit rating on China-based CAR Inc. and 'CCC' long-term issue rating on the company's senior unsecured notes. S&P removed all ratings on CAR from CreditWatch, where S&P had placed them with positive implications on July 8, 2020. The positive outlook reflects S&P's view that CAR's liquidity could improve assuming MBK finalizes the acquisition of its shares by mid-December. CAR has no margin of error in liquidity management.CAR's plan to service its US$300 million (Chinese renminbi (RMB) 2.1 billion), Feb. 11, 2021, notes with cash from operations and used car disposals, while sufficient, could leave the company with very little cash buffer for its daily operations and repayment of RMB750 million dim sum bonds due in April 4, 2021. There is also very little margin for error over the next three months as CAR prepares to repay the U.S. dollar notes. Over the next three months, the company expects to generate cash inflows of about RMB1.0 billion-RMB1.1 billion from operations and used car sales and cash outflows of about RMB500 million-RMB600 million for repayment of bank loans. The company reported about RMB2 billion of cash recently, leaving CAR with about RMB300 million-RMB500 million of cash remaining after repaying the U.S. dollar notes in February next year. MBK's potential share purchase from UCAR Inc. could help unlock capital markets for CAR. CAR could have better access to funding once MBK completes the purchase of UCAR's remaining shares of CAR. The replacement of UCAR with a new strategic shareholder could help improve CAR's banking relationships and unfreeze its access to capital markets. We expect the completion of the deal to occur by mid-December of this year. The positive outlook reflects our view that CAR's liquidity could improve assuming MBK finalizes the acquisition of its shares by mid-December. S&P would downgrade the company if MBK does not acquire CAR's shares or if the deal is delayed. S&P may upgrade CAR if its funding access improves following the completion of MBK's share purchase. HUACHEN AUTOMOTIVE: Creditors Apply for Company Restructuring ------------------------------------------------------------- Reuters reports that Huachen Automotive Group, parent of BMW's China joint venture partner Brilliance Automotive Holdings, said Nov. 16 that its creditors had applied to a Chinese court to restructure the company. Reuters relates that Huachen, owned by the government of Liaoning province, said it was uncertain if it would be able to enter restructuring, in a statement on the website of interbank bond market clearing house China Central Depository & Clearing Co. According to Reuters, the company said that if the court was unable to approve a restructuring plan, or if the approved plan could not be executed, the court would terminate the restructuring process and declare the company bankrupt. Huachen defaulted on a 1-billion-yuan (US$151.88 million) bond last month, joining a growing number of delinquent state firms in a development that hit investor confidence and roiled China's credit bond market, Reuters notes. Huachen faces the prospect of restructuring after Gezhi Automobile Technology Co filed an application to the Shenyang Intermediate People's Court for restructuring of Huachen, Hong Kong-listed Brilliance Auto said in an exchange filing on Nov. 15, Reuters relays. It remains uncertain whether the restructuring application will be accepted by the court, it said. Reuters says the latest clutch of defaults, which Goldman Sachs noted are bigger and include more state-owned enterprises than last year, highlights that close attention is needed to avoid being caught in the credit cleanup. Bondholders see a bankruptcy restructuring by Huachen to be unfavorable as they will likely end up getting little out of the process, Reuters states. Huachen's bankruptcy would have little impact on the operation of Brilliance but could upset plans for an expected privatisation, Daiwa Capital Markets said in a note to clients, Reuters relays. Reuters reported in September that Chinese state-backed investors are considering taking Brilliance private, citing people familiar with the matter. Huachen Automotive Group Holding Co.,Ltd. manufactures automobiles. The Company produces passenger cars, commercial cars, and more. Huachen Automotive Group Holding also sales spare parts. SHANDONG WEIQIAO: Bond Downgrade Could Signal Trouble ----------------------------------------------------- Caixin Global reports that a domestic credit rating agency has downgraded nearly $1.5 billion worth of corporate bonds issued by a unit of China's largest private aluminum smelter, in a possible early sign of trouble as its parent faces a mountain of debt set to come due. Caixin relates that the downgrade comes after a short-term borrowing splurge by the parent company, China Hongqiao Group, has left it with more than 21 billion yuan (US$3.18 billion) in notes and bonds to pay off by June 2021 - 1,300% more than matured in the year to June 2020. According to Caixin, China Lianhe Credit Rating Co Ltd. downgraded the ratings of two bonds issued by Hongqiao subsidiary Shandong Weiqiao Aluminum and Power Co. Ltd. from its highest rating of AAA to its second highest, AA+, citing mounting debt pressure and coronavirus uncertainty, as well as sluggish aluminum prices and weakened demand for aluminum alloy products in the first half of the year. ================= H O N G K O N G ================= GOLDIN FINANCIAL: Scraps HK$1.3-Billion Share Placement ------------------------------------------------------- The Standard reports that Goldin Financial has terminated a placing agreement that would have raised around HK$1.38 billion due to the current market conditions, the debt-laden local developer said on Nov. 15. Goldin said earlier last month it would place about 1.4 billion new shares at HK$1 per share to not less than six independent investors, the report recalls. The Standard says the new shares are equal to 20 percent of the total existing shares, or around 16.67 percent of the issued share capital after placement. The net proceeds were intended to be used for repayment of indebtedness and general working capital, it had said. According to the report, the developer and Titan Financial Services, the placing agent, entered into a termination agreement to suspend the placing on Nov. 13. The Standard relates that Goldin said it will consider engaging in further fundraising activities and will keep the market informed. The developer has warned of a HK$6.1 billion loss for the year ended June from a profit of HK$6.37 billion a year ago, the report discloses. It had planned to sell the Goldin Financial Global Centre, a 28-story Grade A office tower in Kowloon East, for HK$14.3 billion. However, Hong Kong's High Court ruled that the tower remains under the control of the receivers, the report says. Knight Frank, the sole agent for the sale of the Goldin Financial Global Centre, had valued the tower at around HK$12 billion, equivalent to a unit price of over HK$14,000 per sq ft, the report discloses. Goldin sold a residential site in Kai Tak at a loss of HK$2.6 billion in May, The Standard recalls. Gerald Ma Lai-chee, who worked for CK Asset for 24 years, resigned as vice-chairman and non-executive director just two-and-a-half months after his appointment, the report adds. Based in Hong Kong, Goldin Financial Holdings Ltd is a diversified company. The Company's operations include Factoring, Wine Production and Sales and Property Investment and Development. ========= I N D I A ========= AMBICA TIMBERTRADE: ICRA Keeps D on INR35cr Debt in Not Cooperating ------------------------------------------------------------------- ICRA said the ratings for the INR35.00-crore bank facility Ambica Timbertrade Pvt. Ltd. continue to remain under 'Issuer Not Cooperating' category. The Long-term rating and short term is denoted as "[ICRA] D/[ICRA] D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund Based 5.00 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Non-fund Based 30.00 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. ATPL is a privately-owned company incorporated in 2010. The firm imports timber, mainly from Malaysia, Singapore and New Zealand, which primarily finds application in furniture-making and light construction work. ATPL's factory at Gandhidham, Gujarat cleans and saws logs to make clean squared timber blocks, which are thereafter sold from the firm's offices in Nangloi, Haryana and Gandhidham, Gujarat. ANNUR SATYA: ICRA Puts B- Ratings on Watch Developing ----------------------------------------------------- ICRA has placed the ratings on certain bank facilities of Annur Satya Textile Limited (ASTL) on Watch with Developing Implications: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long term Fund 2.80 [ICRA]B-; rating placed on based Term Loan Watch with Developing Implications Long term Fund- 12.00 [ICRA]B-; rating placed on based Cash Credit Watch with Developing Implications Long term Non- 1.00 [ICRA]B-; rating placed on Fund based Watch with Developing Implications Long term/ (4.00) [ICRA]B-/A4; rating placed Short term– on Watch with Developing Interchangeable Implications Long term/Short 1.48 [ICRA]B-/A4; rating placed term Unallocated on Watch with Developing Implications Material Event Based on the discussion with the management of ASTL, ICRA understands that the operations of the company have been closed recently and it is in the process of liquidation and settling external debt owed to the bank. Impact of the Material Event ICRA has taken note of the material event and placed the ratings of [ICRA]B- and [ICRA]A4 outstanding on the INR17.28-crore bank facilities of Annur Satya Textile Limited under Watch with Developing Implications. ICRA is in the process of seeking further clarity on the liquidation of assets and settlement of debt outstanding and will continue to monitor the developments and may withdraw the rating if the outstanding debt is closed. Liquidity position: Stretched Annur Satya Textile Limited's liquidity position is likely to be stretched as the outstanding debt has to be settled completely and the assets have to be liquidated for the same (in absence of any other source of funding the settlement process) Rating sensitivities Positive triggers - An upgrade in ratings is unlikely as the company has closed its operations and is in the process of settling its external debt. Negative triggers - The ratings may be downgraded if the company delays repayment of the outstanding debt post the due date on account of any delay in asset sale or fund infusion. ASTL is primarily involved in producing blended (polyester-cotton) yarn. Incorporated in July 1991, the company has an installed capacity of 14,400 spindles at its manufacturing facility in Annur (near Coimbatore, Tamil Nadu). It produces blended yarns in the counts ranging from 30's to 80's. Its customer profile comprises yarn processors and traders in the domestic market. ASTL reported an operating income (OI) of INR21.90 crore and a net loss of INR0.8 crore in FY2020 against an OI of INR33.7 crore and a net loss of INR0.4 crore in FY2019. CONSOLIDATED CONSTRUCTION: ICRA Keeps Debt Rating in NonCooperating ------------------------------------------------------------------- ICRA said the rating for the INR2012.05 crores borrowing programme of Consolidated Construction Consortium Limited (CCCL) continues to remain under 'Issuer Not Cooperating' category. The rating is now denoted as "[ICRA]D/[ICRA]D; ISSUER NOT COOPERATING. Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term- 380.00 [ICRA]D; ISSUER NOT COOPERATING; Fund Based/CC Rating continues to remain under 'Issuer Not Cooperating' Category Long Term- 72.05 [ICRA]D; ISSUER NOT COOPERATING; Fund Based TL Rating continues to remain under 'Issuer Not Cooperating' category Short Term- 190.00 [ICRA]D; ISSUER NOT COOPERATING; Fund Based Rating continues to remain under 'Issuer Not Cooperating' category Long Term- 45.00 [ICRA]D; ISSUER NOT COOPERATING; Unallocated Rating continues to remain under 'Issuer Not Cooperating' category Short Term- 1275.00 [ICRA]D; ISSUER NOT COOPERATING; Non-Fund Rating continues to remain under Based 'Issuer Not Cooperating' Category Non-Convertible 50.00 [ICRA]D; ISSUER NOT COOPERATING; Debentures Rating continues to remain under 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. GOMATHA COTTON: ICRA Keeps B on INR12cr Loans in Not Cooperating ---------------------------------------------------------------- ICRA said the ratings for the INR12.00-crore bank facilities of Gomatha Cotton Industries continue to remain under 'Issuer Not Cooperating' category'. The ratings are denoted as "[ICRA]B(Stable) ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term-Fund 8.00 [ICRA]B(Stable) ISSUER NOT Based/CC COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Long Term-Fund 4.00 [ICRA]B(Stable) ISSUER NOT Based TL COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Gomatha Cotton Industries (GCI) is a partnership firm set up in April 2016 by Mr Gunda Srinivas and Mr Gourishetty Srinivas along with 13 other partners. The firm is planning to set up cotton ginning and pressing unit in Husnabad, Karimnagar with 44 ginning machines for producing cotton bales. The partners of the firm have prior experience in the cotton ginning industry and have planned to set up their own ginning unit. The INR9.51 Crore project will be funded by INR5 Crore partner's capital and INR4 Crore term loans. HARI KRIPA: ICRA Lowers Rating on INR20cr Cash Loan to D -------------------------------------------------------- ICRA has revised the ratings on certain bank facilities of Hari Kripa Business Venture Private Limited (HKBV), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term- 11.00 [ICRA]D; ISSUER NOT COOPERATING; Fund Based/ Rating downgraded from Term loan [ICRA]B (Stable) ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category Long Term- 20.00 [ICRA]D; ISSUER NOT COOPERATING; Fund Based/ Rating downgraded from Cash credit [ICRA]B (Stable) ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category Short Term/ 3.00 [ICRA]D/[ICRA]D; ISSUER NOT Long term–Non- COOPERATING; Rating downgraded Fund Based from [ICRA]B(Stable)/A4 ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category Rationale The rating downgrade reflects delays in debt servicing as mentioned in publicly available sources. The rating is based on limited information on the entity's performance since the time it was last rated in August 2019. The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with Hari Kripa Business Ventures Private Limited, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with SEBI's Circular No. SEBI/HO/MIRSD4/CIR/2016/119, dated November 1, 2016, ICRA's Rating Committee has taken a rating view based on the best available information. Credit challenge There have been delays in debt servicing as mentioned in publicly available sources. Liquidity position: Poor Hanuman Foods liquidity profile is poor as reflected by irregularitiesin debtservicing by entity. Hari Kripa Business Venture Private Limited (HKBV) was established in 2008 at Kaladera in Jaipur. The company started its commercial production in September 2012. The company is promoted by Mr. Mahendra Kumar Agarwal, Mr. Raghuveer Agarwal along with the other members of the family. HKBV manufactures Mild Steel (MS) ingots/billets, pipes, and flats. In FY2013, the company forward integrated and commenced the manufacturing of MS flats and other rolled products, wherein the key raw materials (billets and ingots) used were captively produced. HARIDARSHAN JEWELLERS: ICRA Keeps D Debt Ratings in Not Cooperating ------------------------------------------------------------------- ICRA said the ratings for the INR12.50 crore bank facilities of Shri Haridarshan Jewellers continue to remain under the 'Issuer Not Cooperating' category. The rating is denoted as "[ICRA]D/D; ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund Based: 10.50 [ICRA]D ISSUER NOT COOPERATING; Cash Credit Rating continues to remain under the 'Issuer Not Cooperating' category Short Term- 2.00 [ICRA]D ISSUER NOT COOPERATING; Fund Based Rating continues to remain under the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/ limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Shri Haridarshan Jewellers (SHJ) was established in 1990 by Mr. Kaushik Patadia. The firm is engaged in manufacturing and wholesale of gold jewellery with operations based in Ahmedabad. The firm currently operates out of its wholesale unit based in C.G. Road. SHJ also owns three workshops situated in Manekchowk which employs about 100 artisans who manufacture gold jewellery for SHJ on job work basis. HITECH HYDRAULICS: ICRA Cuts Rating on INR3cr LT Loan to B+ ----------------------------------------------------------- ICRA has revised the ratings on certain bank facilities of Hitech Hydraulics (HH), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term-Fund 3.00 [ICRA]B+(Stable) ISSUER NOT Based/CC COOPERATING; Rating downgraded from [ICRA]BB-(Stable) ISSUER NOT COOPERATING and continues To remain in the 'Issuer Not Cooperating' category Long Term-Fund 0.95 [ICRA]B+(Stable) ISSUER NOT Based TL COOPERATING; Rating downgraded from [ICRA]BB-(Stable) ISSUER NOT COOPERATING and continues To remain in the 'Issuer Not Cooperating' category Long Term-Non 3.00 [ICRA]B+(Stable) ISSUER NOT Fund Based COOPERATING; Rating downgraded from [ICRA]BB-(Stable) ISSUER NOT COOPERATING and continues To remain in the 'Issuer Not Cooperating' category Long Term- 3.05 [ICRA]B+(Stable) ISSUER NOT Unallocated COOPERATING; Rating downgraded from [ICRA]BB-(Stable) ISSUER NOT COOPERATING and continues To remain in the 'Issuer Not Cooperating' category Rationale The rating downgrade is because of lack of adequate information regarding HH performance and hence the uncertainty around its credit risk. ICRA assesses whether the information available about the entity is commensurate with its rating and reviews the same as per its "Policy in respect of non-cooperation by a rated entity" available at www.icra.in. The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with Hitech Hydraulics, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with the aforesaid policy of ICRA, a rating view has been taken on the entity based on the best available information. Hitech Hydraulics (HH) was incorporated in the year 1997 by Mr.A.Srinivasa Rao & Mr.K.Rama Mohan Rao. The firm is involved in the business of manufacture of various Hydraulics & Pneumatics systems for the aerospace and defence sector. The firm has a manufacturing unit in IE Kukatpally, Hyderabad. HH's clients include many reputed players like Defence Research Development Laboratory, Bharat Dynamics Limited, Bharat Electronics Limited etc. IL&FS SOLAR: ICRA Lowers Rating on INR210cr Loans to D ------------------------------------------------------ ICRA has revised the ratings on certain bank facilities of IL&FS Solar Power Limited (ISPL), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Term Loans 45 [ICRA]D ISSUER NOT COOPERATING; Rating downgraded from [ICRA]B+ (Negative) ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category' NCD-I 150 [ICRA]D ISSUER NOT COOPERATING; Rating downgraded from [ICRA]B+ (Negative) ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category' NCD-II 210 [ICRA]D ISSUER NOT COOPERATING; Rating downgraded from [ICRA]B+ (Negative) ISSUER NOT COOPERATING and continues to remain under 'Issuer Not Cooperating' category' Rationale The rating downgrade reflects the recent delays in debt servicing by ISPL on the ICRA rated term loans as confirmed from the company's audited annual financials for FY2020. Further, the status of redemption of ICRA rated unlisted NCD of INR150 crore that was due for redemption on November 2, 2020 could not be verified from the debenture trustee, subscribers of NCDs and the company despite repeated efforts. The long-term rating is now denoted as [ICRA]D ISSUER NOT COOPERATING. ICRA had earlier moved the rating of [ICRA]B+ with negative outlook to 'ISSUER NOT COOPERATING' category in April 2020 due to non-submission of monthly 'No Default Statement' ("NDS") by the company. The rating is based on the limited information on the company's performance since the time it was last rated in August 2019. The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with ISPL, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with SEBI's Circular No. SEBI/HO/MIRSD4/CIR/2016/119, dated November 1, 2016, ICRA's Rating Committee has taken a rating view based on the best available information. Key rating drivers and their description Credit Strengths: Not applicable Credit Challenges: * Delays in debt servicing: As per the company's audited annual financials for FY2020, the company has defaulted on the repayment obligations (interest and principal) towards term loan facility. There has been default in interest servicing from February 2020 onwards. Further, the bullet repayment of principal that was due on October 27, 2020 has also not been paid. Further, the redemption of INR150 crore unlisted NCD was due on November 2, 2020. ICRA was unable to verify the redemption status of this NCD from the debenture trustee, subscribers of NCDs and the company despite repeated efforts. Liquidity Position: Poor The company's liquidity is poor as reflected by delays in debt servicing. IL&FS Solar Power Limited, a 100% subsidiary of IL&FS Energy Development Private Limited, has been set up to install a 100-MW (AC)/ 130-MW (DC) ground mounted solar PV power project at Ittigi (40 MW), Nellukudure (28 MW) and Mooregeri (32 MW) villages of the Bellary district of Karnataka. The project capital cost stood at about INR685 crore. The project was developed under build, finance and transfer arrangement by ISPL. ISPL signed a DPA with EEPL as per which the latter, post commissioning, will be paying monthly payments to ISPL for the duration of 15 years. The solar power generated by the project is being supplied to the various office parks/commercial properties operated by the Embassy Group. IL&FS TRANSPORTATION: ICRA Keeps D Debt Ratings in Not Cooperating ------------------------------------------------------------------ ICRA said the ratings for the INR6533.50-crore bank facilities of IL&FS Transportation Networks Limited continue to remain under 'Issuer Not Cooperating' category'. The ratings are denoted as "[ICRA]D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Commercial Paper 1,000 [ICRA]D ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Non-Convertible 2,000 [ICRA]D ISSUER NOT COOPERATING; Debentures Rating continues to remain in the 'Issuer Not Cooperating' category Term Loans 490 [ICRA]D ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Fund-based 320 [ICRA]D ISSUER NOT COOPERATING; Bank limits Rating continues to remain in the 'Issuer Not Cooperating' category Preference Share 760 [ICRA]D ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Non-Convertible 1,963 [ICRA]D ISSUER NOT COOPERATING; Debentures Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Incorporated in 2000, IL&FS Transportation Networks Limited (ITNL) is a surface transportation infrastructure company and Build-Operate-Transfer (BOT) road operator in India. The company is promoted by Infrastructure Leasing & Financial Services Limited which holds 71.92% equity stake in ITNL as on June 30, 2019. Since inception, ITNL has been involved in the development, construction and implementation, operation and maintenance of national and state highways, roads, flyovers and bridges. ITNL, through its wholly-owned subsidiary in Singapore, namely ITNL International Pte Ltd (IIPL) holds 100% equity stake in Elsamex S.A, a Spanish O&M operator which provides maintenance services for infrastructure facilities largely in the roads sector in Spain and the rest of Europe and 49% stake (51% being held by Chongqing Expressway Group Company Limited) in Chongqing YuHe Expressway Company Limited (CYECL), a toll-based road project in south-west China which has a long operating history of over nine years. JAIN FARM: ICRA Moves C Debt Ratings to Not Cooperating Category ---------------------------------------------------------------- ICRA has moved ratings for the bank facilities of INR780.00 crore of Jain Farm Fresh Foods Limited to 'Issuer Not Cooperating' category. The rating is now denoted as "[ICRA]C/[ICRA]A4 ISSUER NOT COOPERATING. Amount Facilities (INR crore) Ratings ---------- ----------- ------- Term Loan 150.00 [ICRA]C ISSUER NOT COOPERATING; Rating moved to 'Issuer Not Cooperating' category Fund-based- 285.00 [ICRA]C ISSUER NOT COOPERATING; Working Capital Rating moved to 'Issuer Not Facilities Cooperating' category Non-fund Based- 255.00 [ICRA]A4 ISSUER NOT COOPERATING; Working Capital Rating moved to 'Issuer Not Facilities Cooperating' category Long-term 50.00 [ICRA]C ISSUER NOT COOPERATING; Unallocated Rating moved to 'Issuer Not Limits Cooperating' category Short-Term 40.00 [ICRA]A4 ISSUER NOT COOPERATING; Unallocated Rating moved to 'Issuer Not Limits Cooperating' category The rating is based on limited cooperation from the entity since the time it was last rated in July 2020. As part of its process and in accordance with its rating agreement with Jain Farm Fresh Foods Limited, ICRA has been sending repeated reminders to the entity for payment of surveillance fee that became due. However, despite multiple requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite cooperation and in line with SEBI's Circular No. SEBI/HO/MIRSD4/CIR/2016/119, dated November 1, 2016, the company's rating has been moved to the "Issuer Not Cooperating" category. Incorporated in 2015, Jain Farm Fresh Foods Limited (JFFFL) is a subsidiary of Jain Irrigation Systems Limited (JISL). The company was formed as a result of the sale of the food processing business (previously being undertaken under JISL itself since 1995) with effect from March 31, 2016 on slump sale basis as a going concern. It is a food processing company engaged in the production of dehydrated onion and vegetable products. It also produces aseptic fruit purees, concentrates, clarified juices, and frozen products. These products are marketed under the brand name 'Jain FarmFresh'. In 2017, the company launched its retail business with its first branded product called "Aamrus" (sweetened frozen mango pulp) under the umbrella brand name of "FarmFresh". Later, the company added a new brand "FRU2go" (fruit pulp in various variants). In 2018, the company ventured into spice manufacturing and launched its spice retail operations across India. KARUN RICE: ICRA Keeps B on INR7cr Loans in Not Cooperating ----------------------------------------------------------- ICRA said the ratings for the INR7.00-crore bank facilities of M/s Karun Rice & General Mills Continues to remain under Issuer Not Cooperating' category'. The Long term ratings are denoted as "[ICRA]B (Stable) ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Cash Credit 6.50 [ICRA]B (Stable); ISSUER NOT COOPERATING; Rating Continues to remain under Issuer Not Cooperating' category Unallocated 0.50 [ICRA]B (Stable); ISSUER NOT COOPERATING; Rating Continues to remain under Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. Incorporated in the year 1996, KRGM is a partnership firm engaged in milling, processing and sorting of rice. The firm has its plant at Cheeka (Haryana) with a milling capacity of 3.25 tonnes per hour and sorting capacity of 2 tonnes per hour. The company deals in both basmati and non-basmati rice, however majority (more than 75%) of the company's revenue is generated from sale of basmati rice. The entity is also engaged in the trading of basmati and non-basmati rice. It primarily procures paddy/rice from Haryana, Punjab and U.P. KARVY FINANCIAL: ICRA Hikes Rating on INR174.36cr Loan to C ----------------------------------------------------------- ICRA has upgraded the long-term rating of Karvy Financial Services Limited (KFSL) to [ICRA]C (from [ICRA]D). Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long-term 174.36 [ICRA]C upgraded from [ICRA]D Bank Lines (Basel II) The rating upgrade takes into account the company's repayment track record (repayment and prepayment of loan dues till December 2020) post its default on bank loans and NCD repayments in December 2019 and May 2020, respectively. The rating is, however, constrained by the limited track record of KFSL's new lending operations and its limited ability to service the debt obligation. The company has not made any disbursements since October 2019 to protect the liquidity and has largely relied on recoveries from its written-off accounts and settlement of NPA cases for repayments. The company has fully repaid the NCDs in June 2020 and has prepaid bank loan dues till December 2020. ICRA had downgraded the rating on the company's long-term bank lines (Basel II) and sub-debt programme to [ICRA]D in January 2020. The rating was downgraded due to the delays in servicing the debt obligations on the bank term loans by the company in December 2019. KFSL is a fully-owned subsidiary of Karvy Stock Broking Limited (KSBL; directly and through other Group companies). Currently, the rating on KSBL is [ICRA]D ISSUER NOT COOPERATING. Key rating drivers and their description Credit challenges * Default by parent company posing funding and capital-raising challenges: ICRA notes the default by the parent entity, KSBL, on its commercial paper obligations. KFSL shares the brand name with the parent entity and has common directors, which would negatively impact its future fund-raising drives in the financial services domain. Without any capital infusion and given the dearth of funding avenues, KFSL's business plans would be severely impacted. ICRA also notes that KFSL has fully provided for the inter-corporate deposits (ICDs) of INR307 crore given to Karvy Group companies. The ICDs include INR112 crore to KSBL and INR109 crore to Karvy Data Management Services Limited (KDMSL), which have witnessed a significant deterioration in their financial profiles in the past 12 months. * Rebuilding the infrastructure post-sale of substantial assets in NBFC business: KFSL sold INR816 crore of its loan assets to Small Business Fincredit India Private Limited (SBFC). With the completion of the transaction in September 2017, the entire infrastructure (77 branches along with the entire team) shifted to SBFC. KFSL will have to rebuild the team and set up the entire branch network as it plans to start the lending business again. Though the company commenced disbursements in December 2018, it had disbursed only INR34.87 crore till October 31, 2019 (Rs. 8.80 crore in FY2019 and INR26.07 crore till October 2019). No disbursements were made after October 2019 to protect the liquidity. The company has also reduced its staff to 84 as of August 2020 from 183 in March 2019. * Poor asset quality: KFSL has very high NPAs on account of its exposure towards Karvy Group companies. It had an exposure of INR355 crore (including accrued interest of INR48 crore) to Karvy Group companies as of June 2020 and has provided 100% for these ICDs. Even after excluding the ICDs as of June 2020, KFSL had high GNPAs of INR49 crore, accounting for ~48% of the loan book, and it had a provision coverage of 60%. * High leverage at Group level to support subsidiaries: The gearing, at 2.63 times (as on September 30, 2018), was high on a consolidated basis for the broker – (i.e. KSBL). This was on account of the high level of borrowings to support KDMSL and its subsidiaries as most of KSBL's subsidiaries are in the early stages of operations. ICRA notes the reduction in KFSL's debt (~Rs. 76 crore as of June 30, 2020 vs ~Rs. 1,464 crore in March 2017) as it sold its MSME and SME loan book to SBFC. As of March 31, 2020, KFSL's debt was INR85 crore and the gearing was 1.14 times (1.03 times as of June 2020). As of October 31, 2020 the total debt outstanding was INR60 crore. Liquidity position: Poor As of October 26, 2020, the company is having poor liquidity position considering the on-balance sheet cash and liquid investments of INR6.96 crore vis-a-vis repayment obligations (principal + interest) of INR5.32 crore up to January 2021 and monthly operating expenses of INR1.30 crore. KFSL is heavily reliant on recoveries from its written-off and NPA accounts. The company recorded total recoveries of INR10.82 crore in H1 FY2021 (Rs. 19.56 crore in FY2020) from such accounts. KFSL's written-off portfolio had outstanding balance of INR155 crore as of September 2020 and expects recoveries of INR13 crore up to January 2021 from these accounts, in addition to monthly collections of INR75 lakh from its standard accounts. KFSL relies heavily on recoveries from written-off accounts and NPA accounts for its future repayments. Rating sensitivities Positive triggers – ICRA could upgrade KFSL's rating if it posts a profitable growth and improves its recoveries from written-off accounts and ICDs and improves its asset quality as well. Negative triggers – A large deviation in recoveries from the written-off accounts compared to the recovery proposal plan or a delay in debt servicing would lead to a rating downgrade. Karvy Financial Services Limited is a fully-owned subsidiary of Karvy Stock Broking Limited (KSBL), directly and through other Group companies. It received its non-banking financial company (NBFC) licence in Q1 FY2010. During the initial phase of operations, the company had significant exposure to the capital markets through products such as loans against shares and commodities, and margin funding, which was largely done in conjunction with the broking and commodities arms of the Group. In FY2017, the company sold a substantial part of its assets to SBFC and transferred most of its employees and the entire branch network and infrastructure facilities to the latter. KFSL reported a loss of INR316 crore on a total asset base of INR168 crore (net of ECL provision of INR332 crore) of as on March 31, 2020 compared to a net profit of INR19 crore on a total asset base of INR529 crore in FY2019. KM TOLL: ICRA Keeps D on INR789cr Loan in Not Cooperating --------------------------------------------------------- ICRA said the ratings for the INR789.00-crore bank facilities of Km Toll Road Private Limited (KTRPL) Continues to remain under Issuer Not Cooperating' category'. The Long term rating are denoted as "[ICRA]D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term– 789.00 [ICRA]D; ISSUER NOT COOPERATING; Fund Based- Rating Continues to remain under Term Loan Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/ limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. KM Toll Road Private Limited (KMTRPL), a 100% subsidiary of Reliance Infrastructure Limited ('R Infra'), has been set up for the purpose of 4/6 laning of the Gandhidham (Kandla) - Mundra Section of NH-8A Extension in the state of Gujarat from 0.00 Km to 71.4 kilometre (km). The Project was awarded by the National Highways Authority of India (NHAI) on Design, Build, Finance, Operate, Transfer (DBFOT) basis with concession period of 25 years commencing from March 2010. KRISHNA STEVEDORES: ICRA Lowers Rating on INR44.50cr Loan to D -------------------------------------------------------------- ICRA has revised the ratings on certain bank facilities of Shree Krishna Stevedores Private Limited (SKSPL), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long-term: 44.50 [ICRA]D; Downgraded from Fund based– [ICRA]BB(Stable) Term loans Long-term: 19.50 [ICRA]D; Downgraded from Fund based– [ICRA]BB(Stable) Cash Credit Short-term: 21.00 [ICRA]D; Downgraded from Non-fund [ICRA]A4 based–Bank Guarantee Material event SKSPL has defaulted in repayment of its term loan obligations with SBM Bank (India) Limited due in October 2020. Rationale The rating action reflects the recent instances of delays in servicing on the bank facilities of SKSPL as confirmed by the company as well as the lender. During its interaction with the company and the banker, ICRA was informed that the company has missed its debt repayments due on the term loan facility with SBM Bank (India) Limited for October 2020. The delay in debt servicing has primarily been on account of delays in receivables from one of its major customers, which has led to cash flow mismatches leading to irregularity in debt servicing. The impending repayments remain sizeable in nature in the near-to-medium term and TOL/TNW also remains elevated at over 3 times as on March 31, 2020 owing to high suppliers' credit in the business. The ratings also remain constrained by highly working capital intensive operations, emanating from elongated receivable cycle and the volatility of revenues and profitability given its project based nature of operations. The ratings, however, continues to favourably factor in the extensive experience of the promoters and established track record of Shree Krishna Stevedores Private Limited (SKSPL) in the logistics industry. Key rating drivers and their description Credit strengths * Extensive experience of the promoters and established track record of SKSPL in the logistics industry: SKSPL is the flagship company of Shree Krishna Group, set up by Mr. Gulabrai Kundalia to provide logistic solutions. At present, his three sons, Mr. Ajay Kundalia, Mr. Sanjay Kundalia and Mr. Abhay Kundalia are involved in day to day operations of the group. The promoters have extensive experience of over three decades in the logistics industry. The group has interests across various industries like mining, equipment hiring, transportation, petrol pumps and trading of minerals through various group companies. Credit challenges * Delay in debt servicing: There has been delays in debt servicing by SKSPL. ICRA has come to know during the interaction with the company's management as well as its lender that the company has missed debt repayments of INR1.95 crore due on October 15, 2020 and INR0.19 crore due on October 31, 2020 to its lender – SBM Bank (India) Limited. The delay in debt servicing has primarily been on account of delays in receivables from one of its major customers, which has led to cash flow mismatches leading to irregularity in debt servicing. * Volatility in revenues and profitability given the project-based nature of operations: The operating margins remain healthy in the range of 13-15%, while the net margins are moderate at 2.3-4.3% over the period 2018-2020. ICRA notes that revenues and profitability remain volatile on the order inflows and contingent on the order execution during a year, given its project based nature. * Sizeable debt repayment obligations in the near-to-medium term amidst poor liquidity position, elevated TOL/TNW of over 3.0 times: SKSPL has sizeable repayment obligations of INR9.69 crore in FY2021 (revised repayment scheme post availment of moratorium) and INR16.75 crore in FY2022 towards its term loans. It also has high repayment towards capex creditors amounting to INR4.82 crore in FY2021 and INR3.93 crore in FY2022. Total outside liability-to-tangible networth is high at 3.04 times as on March 31, 2020 (2.99 times as on March 31, 2019), indicating high leverage. * Highly capital-intensive business, timely execution of unexecuted orders as per project timelines remains critical to meet anticipated cash flow obligations: The orders received from Afcons Infrastructure Limited and Simar Port Pvt. Ltd. have witnessed slower-than-anticipated movement in FY2020 as well in the current fiscal, as compared to company's expectations. ICRA notes that the ability of the company to execute the orders as per project defined timelines remains critical for adequate cash flow generation and servicing of debt obligations. Further, any delays on part of the counterparties in development of the Chhara Port may lead to lower execution for SKSPL and may result in cash flow mismatch. The business of the company remains highly capital intensive, as reflected by Operating Income/Gross block of 125% as on March 31, 2020 (108% as on March 31, 2019). Liquidity Position: Poor The company's liquidity position is poor as reflected by irregularities in debt servicing by the entity, arising out of delay in payment receipts from its counterparties, along with minimal buffer available in fund based limits. Rating sensitivities Positive triggers - The rating could be upgraded if there is regularization of delay for a period of 90 days on a continuous basis. Negative triggers - Not Applicable Incorporated in March 2010, Shree Krishna Stevedores Private Limited ('SKSPL' or 'the company') is the flagship company of the Shree Krishna Group and is engaged in providing cargo handling services which includes stevedoring, sea transportation (barging), loading/unloading, road transportation and rail transportation (rake loading). Its head office is located in Mumbai while branch offices are located at Jamnagar, Sikka, Ratnagiri and Surat. The company handles various kinds of cargoes which includes coal, pulses, cement, clinker, sulphur, steel plates and pipes, fertilisers, iron ore, limestone and rock phosphate among others, mainly at the ports of Mumbai, Dahanu, Ratnagiri, Magadalla and Hazira. As per the provisional financials, SKSPL reported a Profit After Tax (PAT) of INR6.90 crore on an operating income (OI) of INR162.07 crore as compared to PAT of INR3.67 crore on an OI of INR104.17 crore in FY2019. MAGADH PRECISION: ICRA Keeps D on INR75cr Loans in Not Cooperating ------------------------------------------------------------------ ICRA said the rating for the INR75.00-crore bank facility Magadh Precision Equipment Limited continues to remain under 'Issuer Not Cooperating' category. The Long-term rating and short term is denoted as "[ICRA] D/[ICRA] D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund Based 50.00 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Non-fund Based 25.00 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. MPEL was incorporated in 1986 and is engaged in manufacturing and export of capital equipment's to the metal processing industry. The product portfolio of the company includes: Galvanizing lines, Hot and Cold Rolling Mills and Slitting lines. The products find application in the steel industry. The manufacturing unit of the company is located in Dewas, Madhya Pradesh spread over 12,000 square meters area. MAXWORTH PLYWOODS: ICRA Keeps D on INR6cr Loans in Not Cooperating ------------------------------------------------------------------ ICRA said the ratings for the INR6.00-crore bank facilities of Maxworth Plywoods Private Limited continue to remain under 'Issuer Not Cooperating' category'. The ratings are denoted as "[ICRA]D/[ICRA]D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term- 3.00 [ICRA]D ISSUER NOT COOPERATING; Fund Based- Rating continues to remain in Cash Credit the 'Issuer Not Cooperating' Category Long Term/ 3.00 [ICRA]D/[ICRA]D ISSUER NOT Short Term- COOPERATING; Rating continues to Unallocated remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Maxworth Plywoods Private Limited was incorporated in the year 1995 in Visakhapatnam by Mr. Rajiv Agarwal and Ms. Nidhi Agarwal. The company is engaged in manufacturing of plywood, block boards, flush doors and is also engaged in trading of veneers, timber and resins & chemicals. MOHANLAL JEWELLERS: ICRA Cuts Rating on INR100cr LT Loan to B+ -------------------------------------------------------------- ICRA has revised the ratings on certain bank facilities of Mohanlal Jewellers Private Limited (MJPL), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long-term- 100.00 [ICRA]B+ (Stable) ISSUER NOT Fund based COOPERATING; Rating downgraded facilities-CC from [ICRA]BB+ (Stable) and moved to the 'Issuer Not Cooperating' category Rationale The rating downgrade is because of lack of adequate information regarding MJPL's performance and hence the uncertainty around its credit risk. ICRA assesses whether the information available about the entity is commensurate with its rating and reviews the same as per its "Policy in respect of non-cooperation by a rated entity" available at www.icra.in. The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with Mohanlal Jewellers Private Limited, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with the aforesaid policy of ICRA, a rating view has been taken on the entity based on the best available information. Mohanlal Jewellers was founded in 1990 by its proprietor, Mr. M. Mohanlal Khatri, who has 35 years of experience in gold jewellery wholesale industry. The firm was converted into a private limited company in 2011. The company supplies various jewellery and bullion on a wholesale basis in South India and also caters to export orders. NEW ERA: ICRA Withdraws D Rating on INR15cr Debentures ------------------------------------------------------ ICRA has withdrawn the ratings on certain bank facilities of New Era Dwellers and Constructions Private Limited (NEDCPL), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Non-Convertible 15.00 [ICRA]D; downgraded from Debenture [ICRA]B+ (Stable) and Programme simultaneously withdrawn Rationale The rating action reflects the recent instances of delays in servicing on the bank facilities of New Era Dwellers and Constructions Private Limited (NEDCPL) as confirmed by its lender. During its interaction with the banker, ICRA was informed that the company has missed its debt repayments due on dropline overdraft facility for September 2020 and October 2020. The company has also not shared the no-default statement for September 2020. With the project being in the early stages of construction, the repayment obligation on the existing loan was met through promoters' contribution and other group companies, which are involved in real estate construction. Due to the Covid-19 pandemic and the subsequent lockdown, the company has witnessed cash flow mismatches leading to irregularity in debt servicing. Further, the long-term rating of [ICRA]D (pronounced ICRA D) assigned to the non-convertible debenture programme of INR15.00-crore of NEDCPL have been withdrawn in accordance with ICRA's policy on withdrawal and suspension and based on the company's request, as the same has not been placed by the company. Key rating drivers Credit strengths * Track record of the Mayfair Group in execution of real estate projects: NEDCPL is a part of the Mayfair Group of companies, which develops residential as well as commercial real estate projects in the Mumbai region. At present, the company is managed by Mr. Nayan Shah and his wife, Mrs. Anuradha Shah. The Group has delivered more than 50 housing projects and handed over more than 3.61 million square feet of residential and commercial units. Its track record of delivering properties on time to its customers has remained strong. Credit challenges * Delay in debt servicing obligation: There has been delays in debt servicing by NEDCPL. ICRA has come to know during the interaction with the lenders that the company has missed its debt repayments due on dropline overdraft facility for September 2020 and October 2020. The company has not shared the no-default statement for September 2020. With the project being in the early stages of construction, the repayment obligation on the existing loan was met through promoters' contribution and other group companies, which are involved in real estate construction. Due to the Covid-19 pandemic and the subsequent lockdown, the company has witnessed cash flow mismatches leading to irregularity in debt servicing. * Early stage of proposed extension of structure leads to project execution risk: Mayfair Arcade, the company's upcoming project, incurred ~51% of its total estimated project cost till February 2020. It has already completed constructing the second floor at the existing plot of land. The proposed extension includes the construction of 16 additional floors above this structure. The approved carpet area under the earlier approved plan was 27,825 sq. ft., which was revised to 77,926 sq. ft. under the latest plan. Since it is yet to start construction of the proposed structure, it remains exposed to execution risks. * High vulnerability of the project to residual regulatory risk: As on February end, 2020, the company has received occupation certificate for construction up to the second floor for the project. It has received the fire no objection certificate (NOC), the traffic NOC and concessional approval for the new amended plans. However, pending approvals for the amended plans results in high regulatory risk for the project. * High funding risk with financial closure yet to be achieved, limited advances inflow since 100% inventory pertaining to the constructed portion is unsold: For the construction of the first and second phases of the project, the company has availed bank funding with a scheduled repayment by September 2022. It is yet to tie-up the debt for the construction of the remaining structure. This results in high funding risk for the project on which the future project execution depends. The funding risk is further accentuated as the constructed portion has not yet been launched for sale, as a result no advance payment has flowed in either. ICRA notes that besides promoters' funding, the future advance inflow will be critical to meet the project requirements. Further, due to the weak market situation, the company has decided not to place the NCD. * High dependence on promoters' funding to meet existing debt repayments and project execution: Of the total project cost of INR209.37 crore, the company incurred INR106.13 crore (51%) as on end February 2020, funded by bank loan of INR31.0 crore (15%) and promoters' contribution of INR75.13 crore (36%). The repayment on the existing debt commenced from August 2018, and in the absence of any bookings or sale of completed units, the repayment obligation of the existing term loan was met by promoters' contribution. With the proposed expected project completion in December 2023, along with the ongoing repayment obligations, NEDCPL remains highly dependent on its promoters and other group companies for meeting all its repayment obligations as well as project execution in the interim. * Exposure to market risks amid current slowdown in real estate sector: Due to the early stage of project execution, the market risk for the project remains high amid stiff competition from several completed and ongoing projects in the vicinity. Further, considering the current weak demand for commercial space in Mumbai exacerbated by the pandemic induced lockdown, the company's ability to reach high bookings, especially for the higher floors with a single unit size of more than 3,500 sq. ft., remains critical from the cash flow perspective. Liquidity position: Poor The company's liquidity position is poor as reflected by delay in debt servicing arising from low sales velocity and realisation, coupled with non-receipt of timely support from its promoter group. Rating sensitivities The rating sensitivities have not been captured as the rated instrument is being withdrawn. Incorporated in March 2004, NEDCPL is a part is a part of the Mayfair Group of companies, which develops residential as well as commercial real estate projects in the Mumbai region. The Group was established in 1964 by the Late Arvind M. Shah and the Late Vasumati Arvind Shah. It is managed by Mr. Nayan Shah and his wife, Mrs. Anuradha Shah since 1993. The company's registered office is in Andheri, Mumbai. It primarily focuses on developing commercial real estate projects in Mumbai. At present, the company is developing a commercial complex, Mayfair Arcade, in Malad (West), on a29,595-sq. ft. plot. The project is yet to be launched. The structure comprises two basements + G + 18 floors with a total of 107 units. The project has a leasable area of 4,600 sq. ft. and total saleable area of 77,926 sq. ft. The total cost of the project stands at INR209.37 crore, of which ~Rs. 106.13 crore (~51%) was incurred till February 2020 for construction up to two floors, funded by a term loan of INR31.0 crore and the balance through promoters' contribution. R BALARAMI: ICRA Reaffirms B+ Rating on INR6cr LT Loan ------------------------------------------------------ ICRA has reaffirmed ratings on certain bank facilities of R Balarami Reddy and Company's (RBRAC), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long term– 6.00 [ICRA]B+(Stable); reaffirmed Fund based/CC and removed from 'Issue non- cooperating' category Short term– 7.00 [ICRA]A4; reaffirmed and Non-fund based removed from 'Issuer non- cooperation' category Long term/ 4.00 [ICRA]B+(Stable)/A4; Short term– reaffirmed and removed from Unallocated 'Issuer non-cooperating' category Rationale The ratings consider RBRAC's small scale of operations in an intensely competitive civil construction industry. The firm's revenues dipped by 72% in FY2020 and it reported and a limited unexecuted order book of INR17.5 crore as on September 17, 2020, i.e., 0.62 times of FY2020 revenues, which restricts the revenue visibility to near term. The ratings factor in the firm's stretched liquidity as indicated by high utilisation of working capital limits and high repayment obligations in FY2021. The ratings consider the risks associated with tender-based business. The ratings are further constrained by the risks inherent to partnership firms, including the capital withdrawal risk. The ratings, however, derive comfort from the extensive experience of more than four decades of the promoters in the construction industry, which has resulted healthy relations with key customers and suppliers. The Stable outlook on the [ICRA]B+ rating reflects ICRA's opinion that RBRAC will benefit from its promoters' experience and will maintain its scale and debt metrics. Key rating drivers and their description Credit strengths * Extensive experience of promoters in construction industry: The promoters have more than four decades of experience in construction of earthworks, site grading, excavation and digging activities leading to healthy relationship with the key customers. Credit challenges * Small scale of operations: RBRAC's scale of operations is small in a highly competitive civil construction industry with significant decline in revenues by 72% in FY2020 and limited unexecuted order book of INR17.5 crore as on September 17, 2020, i.e., 0.62 times of FY2020 revenues, restricting revenue visibility to the near term. * Stiff competition and fragmented industry put pressure on profitability: The fragmented and competitive nature of the industry limits pricing flexibility of participants and keeps margins under pressure. The pricing flexibility is limited because of intense competition in the industry with presence of organised and unorganised players. Moreover, the firm is exposed to the risks associated with the tender-based nature of the business. * Risk arising from partnership nature of business: Given RBRAC's constitution as a partnership firm, it is exposed to discrete risks including the possibility of capital withdrawal by the partners and the risk of dissolution of the firm upon death, retirement or insolvency of the partners. Moreover, the partnership nature limits RBRAC's flexibility to tap external channels of financing. Liquidity position: Stretched RBRAC's liquidity is stretched with high repayment obligations of INR3-4 crore per year against low cash balances, negligible buffer in working capital limits and low cash flows. Stretched receivables impacted the firm's liquidity position. Rating sensitivities Positive triggers - ICRA may upgrade RBRAC's ratings if the firm's liquidity position improves and if healthy order inflow and timely execution of orders result in healthy revenue growth, while margins remain healthy, leading to improved financial profile. Negative triggers - Negative pressure could arise on RBRAC's ratings if there is a decline in its scale of operations due to delays in execution of projects and the liquidity position deteriorates further. R Balarami Reddy And Company is an engineering and contracting firm involved in earthworks, site grading, excavation and digging activities, along with construction of embankments. It was established in the 1960s by its founder Mr. Balarami Reddy. At present, the firm is owned and managed by R. Sreenivasula Reddy and B. Sreenivas Reddy. The firm executes civil contracts, which are directly acquired from government departments as well as sub-contracts from another contractor. RAMAKRISHNA HOUSING: ICRA Keeps D on INR315cr Loan in Uncooperating ------------------------------------------------------------------- ICRA said the ratings for the INR315.00 crore bank facilities of Ramakrishna Housing (P) Limited continues to remain under the 'Issuer Not Cooperating' category. The rating is denoted as "[ICRA]D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund based- 315.00 [ICRA]D ISSUER NOT COOPERATING; Term Loan Rating continues to remain under 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/ limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Ramakrishna Housing Private Limited was incorporated in January 2014 and is promoted by Mr. K.P.V. Anjani Kumar and his wife Mrs. K.C.V. Durga Devi. The promoters have earlier developed several residential projects under different group entities namely, Ramakrishna Townships & Projects, and Ramakrishna Housing (partnership firm). Ramakrishna Group has acquired 53 acres to construct and develop a township in Kaza, Mangalagiri Mandal of Guntur District. The company is constructing 25 high-rise apartments ranging from 24 to 31 floors in a phased manner in the name of – 'Ramakrishna Venuzia'. Phase-I, consists of 8 towers; Phase II, consists of 9 towers; and Phase III, consists of 8 towers. Initially, under Phase I, the company is constructing 6 out of 8 towers, namely, Tower No. 2, 6, 8 and 3, 4, 5 with a total saleable area of 21.50 lakh sft. The Total Project Cost (TPC) of INR645.71 crore is proposed to be funded through INR100 crore (15% of TPC) of equity, INR205 crore (32%) of project loan, INR16 crore (2%) of equipment finance loan and remaining INR324.71 crore (50%) by way of customer advances. The construction activity has commenced during Q1FY2017. Till December 2017, RHPL incurred INR276.20 crore which is funded through INR68.66 crore promoters' contribution, INR115.80 crore debt and INR91.74 crore customer advances. SAI SANNIDHI: ICRA Withdraws B+ Rating on INR7cr LT Loan -------------------------------------------------------- ICRA has withdrawn the ratings on certain bank facilities of Sai Sannidhi Agro Tech (SSAT), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term-Fund Based/CC 7.00 [ICRA]B+ (Stable); Withdrawn Long Term-Fund Based TL 1.00 [ICRA]B+ (Stable); Withdrawn Rationale The Long-term rating assigned to SSAT has been withdrawn at the request of the company, based on the no objection certificate provided by its banker. ICRA is withdrawing the rating and that it does not have information to suggest that the credit risk has changed since the time the rating was last reviewed. Key rating drivers and their description Key rating drivers have not been captured as the rating is being withdrawn. Liquidity position: Not captured as the rating is being withdrawn Rating sensitivities: Not captured as the rating is being withdrawn. SSAT was founded in 2012 and is involved in milling of paddy and produces raw rice and steamed rice. The firm started its commercial production in February 2013 and is located in Manvi village in Raichur district, Karnataka. The installed production capacity of the rice mill is six tonnes per hour. It is a part of the MRV Group, which owns other entities involved in similar business. SANDOR MEDICAIDS: ICRA Keeps D on INR20cr Loan in Not Cooperating ----------------------------------------------------------------- ICRA said the rating for the INR20.00-crore bank facilities of Sandor Medicaids Private Limited (SMPL) continues to remain under 'Issuer Not Cooperating' category'. The ratings are denoted as "[ICRA]D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term- 20.00 [ICRA]D ISSUER NOT COOPERATING; Bonds/NCD/LTD Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Sandor Medicaids Private Limited (SMPL) was promoted by Mr.Rajeev Sindhi and Mr.K.V.Muralidhar Reddy in 1995. SMPL is engaged in distribution of specialized biotech drugs, medical devices and equipments used in various therapeutic areas. The company is an exclusive distributor of medical devices and drugs manufactured by the following companies - Genzyme Corporation (part of Sanofi group), Abbott Point of Care, ITC Med, Minntech Corporation, Wolfe Tory Inc of USA and Dr. Franz Chemie, Germany etc. The company also provides cold chain distribution network and offers regulatory services to manufacturers of medical devices, drugs and hospital supplies. SHARDA TIMBERS: ICRA Keeps D Debt Ratings in Not Cooperating ------------------------------------------------------------ ICRA said the rating for the INR25.00-crore bank facility Sharda Timbers continues to remain under 'Issuer Not Cooperating' category. The Long-term rating and short term is denoted as "[ICRA] D/[ICRA] D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund Based 5.85 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Non-fund Based 19.15 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. Sharda Timbers is a proprietorship firm owned by Mr Raj Kumar Bansal and was established in 1995. The firm imports timber mainly from Malaysia, Singapore and New Zealand. The firm's factory at Gandhidham, Gujarat is engaged in cleaning and sawing of logs to make clean squared timber blocks. SHILPI CABLE: ICRA Keeps D on INR27cr Debt in Not Cooperating ------------------------------------------------------------- ICRA said the ratings for the INR27.00 crore bank facilities of Shilpi Cable Technologies Limited continue to remain under Issuer Not Cooperating category. The rating is denoted as '[ICRA]D ISSUER NOT COOPERATING'. Amount Facilities (INR crore) Ratings ---------- ----------- ------- Non-convertible 27.00 [ICRA]D ISSUER NOT COOPERATING; debenture (NCD) Rating Continues to remain under programme the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis dated information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. SCTL was established in July 2006 as Rosenberger Shilpi Cable Technologies Limited, a 50:50 joint venture (JV) between Shilpi Communications Private Limited and Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany. The JV was formed to manufacture and sell radio frequency (RF) feeder cables in the domestic market. The JV set up a manufacturing facility at Chopanki, Rajasthan. The facility commenced commercial production in early 2008, and during the same year the stake of the German partner was bought by the Indian promoters. Though initially SCTL was only into RF feeder cables manufacturing, it has, over the years, added products such as wiring harnesses and battery cables for automobiles, wiring harness sets and power cords for white goods, and copper conductors (magnet copper wires and bunched copper wires) to expand and diversify its offerings. SCTL thus caters to automotive, telecom, and consumer durables segments, among others. In addition, it sells house wires, circuit breakers (MCCB and RCCB), and switches through distributors under the 'SAFE' brand name. SCTL, headquartered in Delhi, has five manufacturing units in Bhiwadi. SHIV COTTON: ICRA Keeps D on INR6.5cr Loans in Not Cooperating -------------------------------------------------------------- ICRA said the ratings for the INR6.50 crore bank facilities of Shiv Cotton Industries- Tankara continue to remain under the 'Issuer Not Cooperating' category. The rating is denoted as "[ICRA]D; ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Fund Based: 1.50 [ICRA]D ISSUER NOT COOPERATING; Term Loan Rating continues to remain under the 'Issuer Not Cooperating' category Fund-based: 5.00 [ICRA]D ISSUER NOT COOPERATING; Cash Credit Rating continues to remain under the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Shiv Cotton Industries (SCI) was established as a partnership firm in May 2013. SCI commenced its operation in January 2014. The firm is engaged in ginning and pressing of raw cotton. SCI's manufacturing facility is located at Tankara, in Rajkot district of Gujarat and is equipped with 24 ginning machines and one pressing machine to produce cotton bales and cottonseeds. SHREEDHAR MILK: ICRA Keeps D on INR20cr Debts in Not Cooperating ---------------------------------------------------------------- ICRA said the ratings for the INR20.00 crore Non-Convertible Debenture programme of Shreedhar Milk Foods Limited (SMFL) continues to remain under the 'Issuer Not Cooperating' category. The rating is denoted as "[ICRA]D; ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Non-Convertible 20.00 [ICRA]D ISSUER NOT COOPERATING; Debentures (NCD) Rating continues to remain under the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/ limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Incorporated in 2005, Shreedhar Milk Foods Limited is a medium-sized dairy processing company engaged in processing liquid milk and manufacturing various milk-based products such as skimmed milk powder (SMP), pure clarified butter (ghee), white butter, cottage cheese, curd and sweets. The company's processing facility is located at Joya in Uttar Pradesh, with a processing capacity of 14.30 lakh litres per day (LLPD). With a product mix concentrated in favour of SMP, pure ghee and related derivatives, SMFL largely caters to the bulk/institutional segment under its brand, 'Shreedhar', through its network of C&F agents. A small proportion of the company's business is also generated from contract manufacturing operations for players like Mother Dairy and COMFED. While a majority of SMFL's business comes from the bulk segment, it is currently in the midst of expanding its direct marketing business, especially for polypack milk. To achieve this, it has recently started procuring milk directly from villages by setting up Village Level Collection Centres (VLCCs) and Milk Chilling Centres (MCCs). SMFL is promoted by the Delhi-based Goel family. The promoters have significant experience in the dairy industry, with their roots in the milk trading business for the last four generations. With its plans of expanding its retail presence, the company has inducted professional management with significant experience in the dairy industry. SMFL also raised equity funding from a Mauritius-based private equity fund, 'The Great Indian Tusker Fund', and another entity, Omrudra International Trading LLC. Following the equity infusion, the promoter's stake in the company stood at 93.3% as of June 2016. SHYAMJI AGRICO: ICRA Keeps D on INR21.25cr Loans in Not Cooperating ------------------------------------------------------------------- ICRA said the rating for the INR21.25-crore bank facility Shri Shyamji Agrico Exports Private Limited (SAEPL) continues to remain under 'Issuer Not Cooperating' category. The Long-term rating is denoted as "[ICRA] D ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Cash Credit 15.25 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Term Loan 5.72 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Unallocated 0.28 [ICRA]D: ISSUER NOT COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available/dated/limited information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. SAEPL is a closely held company and was incorporated in 2014 after taking over D.S International (partnership firm). After the above-mentioned take-over, all the assets and liabilities of D.S. International were transferred to SAEPL. The partners of D.S. International have become the promoters of the company. The company is engaged in milling and processing of basmati rice at its plant located at Karnal, Haryana which has a milling capacity of 13 tons per hour. SIRWAR RENEWABLE: ICRA Lowers Rating on INR10cr Loan to B+ ---------------------------------------------------------- ICRA has revised the ratings on certain bank facilities of Sirwar Renewable Energy Private Limited (SREPL), as: Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term-Fund 10.00 [ICRA]B+ (Stable) ISSUER NOT Based Term Loan COOPERATING; Rating downgraded from [ICRA]BB (Stable) and Moved to Issuer Not Cooperating' category Rationale The rating is downgraded because of lack of adequate information regarding SREPL performance and hence the uncertainty around its credit risk. ICRA assesses whether the information available about the entity is commensurate with its rating and reviews the same as per its "Policy in respect of non-cooperation by the rated entity". The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with Sirwar Renewable Energy Private Limited, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with SEBI's Circular No. SEBI/HO/MIRSD4/CIR/2016/119, dated November 01, 2016, ICRA's Rating Committee has taken a rating view based on the best available information. SREPL was incorporated in 2015 by Mr. Vijaya Shankar and Mr. D Muralidhar Reddy. SREPL had set up a 2-MW solar power plant at Sirwar village, Manvi Taluk, Raichur district, Karnataka. The solar power plant is spread across an area of 13.01 acres. The total project cost of the 2-MW solar power plant was INR16.87 crore, which was funded by INR5.10- crore equity, INR10.00-crore term loan and INR1.77-crore unsecured loans from Directors. The company has signed a 25- year PPA with GESCOM in July 2015 at a tariff of INR8.40 per unit. However, the current PPA rate is INR6.51 per unit as the COD got delayed by 21 days and was achieved on January 21, 2017. As per the original PPA, the scheduled COD was December 31, 2016. SUPRIYA SPINNING: ICRA Keeps B Debt Ratings in Not Cooperating -------------------------------------------------------------- ICRA said the ratings for the INR113.27-crore bank facilities of Supriya Spinning Mills Private Limited continue to remain under 'Issuer Not Cooperating' category'. The ratings are denoted as "[ICRA]B(Stable)/[ICRA]A4 ISSUER NOT COOPERATING". Amount Facilities (INR crore) Ratings ---------- ----------- ------- Long Term- 38.00 [ICRA]B(Stable) ISSUER NOT Fund Based/CC COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Long Term- 16.96 [ICRA]B(Stable) ISSUER NOT Fund Based TL COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Long Term- 13.31 [ICRA]B(Stable) ISSUER NOT Unallocated COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category Short Term- 45.00 [ICRA]A4 ISSUER NOT Non Fund Based COOPERATING; Rating continues to remain in the 'Issuer Not Cooperating' category ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. The current rating action has been taken by ICRA basis best available information on the issuers' performance. Accordingly, the lenders, investors and other market participants are advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity. The rating action has been taken in accordance with ICRA's policy in respect of non-cooperation by a rated entity available at www.icra.in. Supriya Spinning Mills Private Limited (SSMPL) was incorporated in May 26, 2005. Based in Guntur district of Andhra Pradesh, SSMPL started its operation with 14,400 spindles and increased to 16,800 spindles during FY11. Further it added 14,784 spindles in H2 FY12 to reach its current spinning capacity of 31,584 spindles. SSMPL is also engaged in cotton lint trading and mainly focused on exports. VGN PROJECTS: ICRA Lowers Issuer Rating to D, Non-Cooperating ------------------------------------------------------------- ICRA has downgraded the Issuer rating of VGN Projects Estates Private Limited (VGNPEPL) from [ICRA]B- (Stable) to [ICRA]D and moved to ISSUER NOT COOPERATING category. Rationale The rating downgrade is because of delays in servicing of borrowings due in December 2019 by VGNPEPL as well as lack of adequate information regarding the company's performance and hence the uncertainty around its credit risk. ICRA assesses whether the information available about the entity is commensurate with its rating and reviews the same as per its "Policy in respect of non-cooperation by a rated entity" available at www.icra.in. The lenders, investors and other market participants are thus advised to exercise appropriate caution while using this rating as the rating may not adequately reflect the credit risk profile of the entity, despite the downgrade. As part of its process and in accordance with its rating agreement with VGNPEPL, ICRA has been trying to seek information from the entity so as to monitor its performance, but despite repeated requests by ICRA, the entity's management has remained non-cooperative. In the absence of requisite information and in line with the aforesaid policy of ICRA, a rating view has been taken on the entity based on the best available information. VGNPEPL, incorporated in 2008, develops residential projects and layouts in Chennai. The company is fully held by Mr. Pratish Devadoss and his family. VGNPD has delivered 2.8 million sq. ft. of residential projects. The company has opted for the moratorium on payments permitted by the RBI and has missed some of its debt payments due during March-August 2020. As guided by the SEBI vide its circular dated Mar 30, 2020, ICRA has not considered the above missed payment as a default. ===================== N E W Z E A L A N D ===================== JUCY RENTALS: Placed Into Receivership Following Asset Sale ----------------------------------------------------------- Otago Daily Times reports that Jucy Rentals has been placed into receivership following the sale of its assets to serial investment company Polar Capital. According to the report, the Jucy Rentals business and other associated entities were placed into receivership on Nov. 13, with Grant Graham and Neale Jackson of Calibre Partners (formerly KordaMentha) appointed as receivers. ODT says the global Covid-19 pandemic and closed borders has hit the tourism company hard, with the domestic market alone not enough to sustain regular turnover. Jucy Group, which has operations in New Zealand, Australia, the United States and Britain, has experienced a 90 per cent reduction in revenue since March. Prior to lockdown, it had around 400 staff, this down about 60 per cent to around 150 today, ODT discloses. Polar Capital, headed by Colin Neal, the founder of Big Chill Distribution, has acquired a majority controlling stake in rental business in New Zealand and Australia. David Cushing, formerly of Tourism Holdings, has secured a minority stake, ODT notes. Jucy's other businesses Jucy Snooze, Jucy USA, Jucy UK, Your Drive and Lucky Rentals have not been purchased under the new ownership model, the report says. Polar Capital also holds a 68 per cent stake in Jucy Cruise. As part of the sale process, Graham and Jackson have been appointed receivers of four Jucy Group entities; Jucy Group Limited, Jucy Holdings Limited, Jucy Rentals NZ Ltd and Jucy by Design Ltd, according to ODT. ODT relates that the agreement will see Jucy founders and brothers Dan and Tim Alpe exit the group. However, Dan will step into the role of chief executive and run the rental business. Coronavirus has had an "unprecedented and devastating" impact on the business, Mr. Alpe said, and had presented the most significant challenges the organisation has had to face in its 20-year history, the report relays. "We moved quickly to reduce costs and hibernate or close parts of the business, however, it became clear that we needed to bring external capital into the business," the report quotes Mr. Alpe as saying. "We have always believed that the Jucy brand is an integral part of the tourism landscape in New Zealand and Australia, and this new entity provided the best opportunity for the Jucy brand to recover from the impact of Covid-19 and move forward." Mr. Alpe told the Herald the sale of the business had been "bittersweet" but the priority was to ensure the brand continued to exist long term, ODT relays. "It's not something we're celebrating but it is good to have a resolution and outcome that we can look forward with." Alpe and Tim were not looking to relinquish ownership of the business, but were left with no choice, the report notes. Earlier this year it engaged with PwC to explore options for Jucy. It received strong interest from several parties before settling on Polar Capital. The financials of the deal are undisclosed, the report notes. ODT adds that Mr. Jackson, partner of Calibre Partners, said the business would could to trade under new ownership, retain 150 staff and the purchaser had agreed to honor holidays booked or credits held with Jucy Rentals. ================= S I N G A P O R E ================= HYFLUX LTD: Placed Under Judicial Management -------------------------------------------- The Business Times reports that Borrelli Walsh has been appointed interim judicial managers (JMs) for debt-ridden Hyflux Ltd. This comes after Justice Aedit Abdullah on Nov. 16 noted that the repeated extension of the debt moratorium for the Singapore water treatment company "must come to an end at some point," BT relays. BT says the judge last month chastised Hyflux's lawyer Nish Shetty from Clifford Chance Asia for making a last-minute request for an adjournment. Borrelli Walsh is the financial adviser of an unsecured working group of banks comprising Mizuho, Bangkok Bank, BNP Paribas, CTBC Bank, KfW, Korea Development Bank, and Standard Chartered Bank. The group had applied to put the ailing water treatment firm under judicial management, the report notes. In court, lawyers representing the Securities Investors Association (Singapore), or Sias, as well as Hyflux's creditors such as DBS raised concerns that the appointed JMs should not be closely connected to any stakeholder group of Hyflux, and should be an independent party, according to BT. Last week, a detailed term sheet from Strategic Growth Investments (SGI), yet another white knight in the long-running saga, was filed to the Singapore Exchange, the report notes. SGI has said it will not contribute with its rescue package should Hyflux enter into judicial management, adds BT. About Hyflux Singapore-based Hyflux Ltd -- https://www.hyflux.com/ -- provides various solutions in water and energy areas worldwide. The company operates through two segments, Municipal and Industrial. The Municipal segment supplies a range of infrastructure solutions, including water, power, and waste-to-energy to municipalities and governments. The Industrial segment supplies infrastructure solutions for water to industrial customers. It has business operations across Asia, Middle East and Africa. As reported in the Troubled Company Reporter-Asia Pacific on May 24, 2018, Hyflux Ltd. said that the Company and five of its subsidiaries, namely Hydrochem (S) Pte Ltd, Hyflux Engineering Pte Ltd, Hyflux Membrane Manufacturing (S) Pte. Ltd., Hyflux Innovation Centre Pte. Ltd. and Tuaspring Pte. Ltd. have applied to the High Court of the Republic of Singapore pursuant to Section 211B(1) of the Singapore Companies Act to commence a court supervised process to reorganize their liabilities and businesses. The Company said it is taking this step in order to protect the value of its businesses while it reorganises its liabilities. The Company engaged WongPartnership LLP as legal advisors and Ernst & Young Solutions LLP as financial advisors in this process. On Jan. 29, 2019, WongPartnership applied to discharge themselves due to difficulties relating to "loss of confidence and good cause" in working with the client. The Company subsequently appointed Clifford Chance and Cavenagh Law as its legal advisers in WongP's place. In November 2019, Hyflux entered into a restructuring deal with United Arab Emirates-based utility Utico FZC, according to Reuters. ===================== S O U T H K O R E A ===================== ASIANA AIRLINES: To Be Acquired by Korean Air for US$1.62 Billion ----------------------------------------------------------------- Yonhap news agency reports that Korean Air Lines Co., South Korea's biggest carrier, said Nov. 16 that it will buy its smaller local rival Asiana Airlines Inc. in a deal valued at KRW1.8 trillion (US$1.62 billion) that would create the world's 10th-biggest airline by fleets. Korean Air plans to buy new shares worth KRW1.5 trillion to be sold by Asiana, and buy bonds to be floated by the smaller carrier, the company said in a regulatory filing, Yonhap relays. Yonhap relates that Korean Air, currently the world's 18th largest, will acquire a 30.77 percent stake in Asiana from the debt-laden carrier's creditors led by the Korea Development Bank (KDB). Yonhap says the state lender plans to invest KRW500 billion in shares to be issued by Hanjin KAL and KRW300 billion in the company's convertible bonds. Hanjin KAL, the holding company of airline conglomerate Hanjin Group, is expected to submit a letter of intent to the KDB early this week to proceed with the deal, the report says. In its broader acquisition plan, Korean Air will gradually integrate three low-cost carriers -- Korean Air's Jin Air Co. and Asiana's Air Busan Co. and Air Seoul Inc. -- after completing the acquisition of Asiana. Yonhap says the majority Asiana stake is held by Kumho Industrial Co., an affiliate of airline-to-petrochemical conglomerate Kumho Asiana Group. In September, Asiana's creditors -- the KDB and the Export-Import Bank of Korea -- decided to end a drawn-out deal to sell Asiana to a consortium led by HDC Hyundai Development Co. over differences over terms of the deal amid the extended COVID-19 pandemic, Yonhap recalls. Yonhap relates that the HDC-led consortium initially signed the deal to acquire Asiana from Kumho Industrial, as well as new Asiana shares to be issued and the carrier's six affiliates, for KRW2.5 trillion. But HDC later demanded a renegotiation with Kumho and the creditors over the terms and another round of due diligence on Asiana to reflect the pandemic's impact on the airline industry. The demand was rejected by the creditors. About Asiana Airlines Headquartered in Osoe-Dong Kangseo-Gu, South Korea, Asiana Airlines Incorporated is engaged in air transportation, engineering, construction, facilities, electricity, ground handling, catering, communication, logo products and e-business. Asiana Airlines is a unit of the Kumho Asiana Group, a South Korean conglomerate whose business portfolio includes tire manufacturing and chemical production. Asiana Airlines' net losses deepened for the January-March quarter to KRW683.26 billion from KRW89.18 billion a year earlier. The airline has suspended most of its flights on international routes as more than 180 countries have strengthened entry restrictions amid coronavirus fears this year, according to Yonhap News Agency. State lenders Korea Development Bank and the Export-Import Bank of Korea planned to inject a combined KRW1.7 trillion into Asiana to help the airline stay afloat. In self-help measures, Asiana has had all of its 10,500 employees take unpaid leave for 15 days a month since April until business circumstances normalize, Yonhap noted. Asiana's executives have also agreed to forgo 60% of their wages, though no specific time frame was given for how long the pay cuts will remain in effect. =============== X X X X X X X X =============== [*] BOND PRICING: For the Week Nov. 9, 2020 to Nov. 13, 2020 ------------------------------------------------------------ Issuer Coupon Maturity Currency Price ------ ------ -------- -------- ----- AUSTRALIA --------- ACN 113 874 712 PTY LTD 13.25 02/15/18 USD 0.13 ACN 113 874 712 PTY LTD 13.25 02/15/18 USD 0.13 CLEAN SEAS SEAFOOD LTD 8.00 11/18/22 AUD 1.06 CLIME CAPITAL LTD/FUND 6.25 11/30/21 AUD 0.98 PALADIN ENERGY LTD 10.00 02/01/23 USD 59.69 PALADIN ENERGY LTD 10.00 02/01/23 USD 59.69 VIRGIN AUSTRALIA HOLDIN 7.88 10/15/21 USD 10.03 VIRGIN AUSTRALIA HOLDIN 7.88 10/15/21 USD 10.03 VIRGIN AUSTRALIA HOLDIN 8.13 11/15/24 USD 6.62 VIRGIN AUSTRALIA HOLDIN 8.08 03/05/24 AUD 6.01 VIRGIN AUSTRALIA HOLDIN 8.25 05/30/23 AUD 5.90 VIRGIN AUSTRALIA HOLDIN 8.13 11/15/24 USD 4.94 VIRGIN AUSTRALIA HOLDIN 8.00 11/26/24 AUD 4.94 CHINA ----- AKESU DISTRICT GREEN IN 4.09 03/11/23 CNY 60.00 AKESU DISTRICT GREEN IN 4.09 03/11/23 CNY 59.47 AKESU XINCHENG ASSET IN 6.40 04/20/22 CNY 40.24 AKESU XINCHENG ASSET IN 6.40 04/20/22 CNY 40.18 ALTAY PREFECTURE STATE- 4.85 01/22/23 CNY 60.70 ALTAY PREFECTURE STATE- 4.85 01/22/23 CNY 59.62 AN SHUN YU KUN REAL EST 5.48 11/10/21 CNY 69.59 ANHUI FOREIGN ECONOMIC 7.30 07/13/21 CNY 70.01 ANHUI JIANGNAN INDUSTRI 4.76 07/08/23 CNY 59.19 ANHUI JIANGNAN INDUSTRI 4.76 07/08/23 CNY 58.88 ANHUI PINGTIANHU INVEST 7.40 10/23/20 CNY 20.02 ANHUI PINGTIANHU INVEST 7.40 10/23/20 CNY 19.60 ANHUI PROVINCE TONGLING 7.30 05/13/21 CNY 27.18 ANHUI PROVINCE TONGLING 7.30 05/13/21 CNY 20.60 ANJI COUNTY STATE-OWNED 8.30 04/24/21 CNY 24.57 ANJI COUNTY STATE-OWNED 8.30 04/24/21 CNY 20.28 ANJI NORTHWEST DEVELOPM 5.90 07/18/23 CNY 60.00 ANJI NORTHWEST DEVELOPM 5.90 07/18/23 CNY 59.91 ANLU CONSTRUCTION DEVEL 5.45 06/15/23 CNY 60.51 ANLU CONSTRUCTION DEVEL 5.45 06/15/23 CNY 60.51 ANQING ECONOMIC&TECHNOL 4.09 03/09/23 CNY 60.10 ANQING ECONOMIC&TECHNOL 4.09 03/09/23 CNY 58.66 ANQING URBAN CONSTRUCTI 6.01 04/27/22 CNY 40.92 ANQING URBAN CONSTRUCTI 6.01 04/27/22 CNY 40.00 ANSHUN STATE-RUN ASSETS 4.48 07/18/23 CNY 58.40 ANSHUN STATE-RUN ASSETS 4.48 07/18/23 CNY 56.88 BAOJI HI-TECH INDUSTRIA 8.25 04/21/21 CNY 20.25 BAOJI HI-TECH INDUSTRIA 8.25 04/21/21 CNY 20.00 BAOTOU CITY SCIENCE EDU 6.48 03/25/22 CNY 45.50 BAOTOU CITY SCIENCE EDU 6.48 03/25/22 CNY 41.11 BAOYING CITY CONSTRUCTI 4.50 03/24/23 CNY 60.51 BAOYING CITY CONSTRUCTI 4.50 03/24/23 CNY 60.05 BAYAN ZHUOER HETAO WATE 8.54 03/31/22 CNY 30.94 BAZHONG STATE-OWNED ASS 5.13 12/02/22 CNY 60.00 BAZHONG STATE-OWNED ASS 5.13 12/02/22 CNY 59.14 BAZHONG STATE-OWNED ASS 8.50 04/25/21 CNY 20.44 BAZHONG STATE-OWNED ASS 8.50 04/25/21 CNY 20.35 BEIJING CAPITAL DEVELOP 6.50 02/27/21 CNY 20.22 BEIJING CAPITAL DEVELOP 7.19 01/15/21 CNY 20.17 BEIJING CAPITAL DEVELOP 7.19 01/15/21 CNY 20.00 BEIJING CHANGXIN CONSTR 6.74 04/22/21 CNY 20.37 BEIJING CHANGXIN CONSTR 6.74 04/22/21 CNY 20.34 BEIJING FUTURE SCIENCE 4.20 08/13/22 CNY 40.30 BEIJING FUTURE SCIENCE 4.20 08/13/22 CNY 40.27 BEIJING JINLIYUAN STATE 7.00 10/28/20 CNY 20.03 BEIJING JINLIYUAN STATE 7.00 10/28/20 CNY 20.00 BEIJING SHIJINGSHAN STA 6.08 08/18/21 CNY 23.87 BEIJING SHIJINGSHAN STA 6.08 08/18/21 CNY 20.40 BEIJING XINCHENG INFRAS 7.50 04/21/21 CNY 20.29 BEIJING XINCHENG INFRAS 7.50 04/21/21 CNY 20.20 BEIJING XINGZHAN INVEST 6.66 04/24/21 CNY 20.33 BEIJING XINGZHAN INVEST 6.66 04/24/21 CNY 20.32 BEIPIAO CITY CONSTRUCTI 6.70 03/25/23 CNY 61.58 BEIPIAO CITY CONSTRUCTI 6.70 03/25/23 CNY 55.11 BENGBU GAOXIN INVESTMEN 8.70 04/17/21 CNY 20.28 BENGBU GAOXIN INVESTMEN 8.70 04/17/21 CNY 20.00 BENXI URBAN CONSTRUCTIO 6.24 01/22/22 CNY 40.03 BENXI URBAN CONSTRUCTIO 6.24 01/22/22 CNY 40.00 BIJIE CONSTRUCTION INVE 6.50 01/28/22 CNY 45.65 BIJIE CONSTRUCTION INVE 6.50 01/28/22 CNY 40.43 BIJIE KAIYUAN CONSTRUCT 7.78 02/25/21 CNY 30.00 BIJIE KAIYUAN CONSTRUCT 7.78 02/25/21 CNY 20.11 BINZHOU HI-TECH DEVELOP 8.60 01/10/21 CNY 23.40 BINZHOU HI-TECH DEVELOP 8.60 01/10/21 CNY 20.13 BINZHOU ZHONGHAI VENTUR 6.65 04/13/22 CNY 40.29 BINZHOU ZHONGHAI VENTUR 6.65 04/13/22 CNY 40.00 BOHAI LEASING CO LTD 7.00 06/20/21 CNY 68.53 BORALA MONGOL AUTONOMOU 5.77 08/26/22 CNY 40.61 BORALA MONGOL AUTONOMOU 5.77 08/26/22 CNY 39.00 BOZHOU URBAN CONSTRUCTI 4.78 04/14/23 CNY 60.57 BOZHOU URBAN CONSTRUCTI 4.78 04/14/23 CNY 59.79 CANGNAN COUNTY STATE OW 5.58 11/11/22 CNY 68.00 CANGNAN COUNTY STATE OW 5.58 11/11/22 CNY 60.71 CEFC SHANGHAI INTERNATI 4.98 12/10/20 CNY 61.29 CEFC SHANGHAI INTERNATI 4.08 09/09/21 CNY 60.00 CHANG DE DING LI INDUST 4.30 03/10/23 CNY 60.11 CHANG DE DING LI INDUST 4.30 03/10/23 CNY 60.06 CHANGCHUN MODERN AGRICU 7.00 07/25/21 CNY 20.13 CHANGCHUN MODERN AGRICU 7.00 07/25/21 CNY 19.50 CHANGDE DE YUAN SHANTY 5.33 09/13/23 CNY 67.47 CHANGDE ECONOMIC CONSTR 7.00 03/24/21 CNY 20.29 CHANGDE ECONOMIC CONSTR 7.00 03/24/21 CNY 20.25 CHANGDE URBAN CONSTRUCT 3.59 01/12/23 CNY 60.00 CHANGDE URBAN CONSTRUCT 3.59 01/12/23 CNY 59.86 CHANGLE COUNTY NEWTOWN 5.18 12/16/22 CNY 62.03 CHANGLE COUNTY NEWTOWN 5.18 12/16/22 CNY 59.60 CHANGSHA COUNTY XINGCHE 7.90 03/25/22 CNY 41.61 CHANGSHA COUNTY XINGCHE 7.90 03/25/22 CNY 41.61 CHANGSHA ECONOMIC & TEC 8.45 04/13/22 CNY 30.70 CHANGSHA FURONG CITY DE 3.88 01/26/23 CNY 60.67 CHANGSHA FURONG CITY DE 3.88 01/26/23 CNY 60.14 CHANGSHA METRO GROUP CO 5.40 07/14/25 CNY 82.67 CHANGSHA METRO GROUP CO 5.97 04/03/25 CNY 73.39 CHANGSHA METRO GROUP CO 5.97 04/03/25 CNY 73.26 CHANGSHA METRO GROUP CO 5.40 07/14/25 CNY 70.00 CHANGSHA METRO GROUP CO 6.20 04/23/23 CNY 48.35 CHANGSHA METRO GROUP CO 6.20 04/23/23 CNY 46.21 CHANGSHA TIANXIN CITY C 4.20 11/06/22 CNY 60.10 CHANGSHA TIANXIN CITY C 4.20 11/06/22 CNY 59.96 CHANGSHA TIANXIN CITY C 3.43 08/08/23 CNY 59.83 CHANGSHA TIANXIN CITY C 3.43 08/08/23 CNY 59.09 CHANGSHA YUHUA JINGKAI 4.17 09/06/23 CNY 59.08 CHANGSHA YUHUA JINGKAI 4.17 09/06/23 CNY 58.90 CHANGSHA YUHUA URBAN CO 3.80 01/28/23 CNY 59.84 CHANGSHA YUHUA URBAN CO 7.17 04/18/21 CNY 24.00 CHANGSHA YUHUA URBAN CO 7.17 04/18/21 CNY 20.41 CHANGSHU BINJIANG URBAN 6.39 09/11/21 CNY 20.41 CHANGSHU BINJIANG URBAN 6.39 09/11/21 CNY 20.00 CHANGSHU DONGNAN ASSET 6.53 03/26/22 CNY 47.32 CHANGSHU DONGNAN ASSET 6.53 03/26/22 CNY 41.11 CHANGSHU TRANSPORTATION 7.00 04/29/21 CNY 27.00 CHANGSHU TRANSPORTATION 7.00 04/29/21 CNY 20.26 CHANGXING COMMUNICATION 7.88 04/30/21 CNY 30.30 CHANGXING COMMUNICATION 7.88 04/30/21 CNY 20.30 CHANGXING COMMUNICATION 6.75 06/16/21 CNY 20.20 CHANGXING COMMUNICATION 6.75 06/16/21 CNY 20.03 CHANGXING URBAN CONSTRU 6.00 12/03/21 CNY 40.26 CHANGXING URBAN CONSTRU 6.00 12/03/21 CNY 39.00 CHANGZHOU BINHU CONSTRU 8.04 12/12/20 CNY 20.30 CHANGZHOU BINHU CONSTRU 8.04 12/12/20 CNY 20.14 CHANGZHOU PUBLIC HOUSIN 6.64 07/02/21 CNY 20.11 CHANGZHOU PUBLIC HOUSIN 6.64 07/02/21 CNY 20.11 CHANGZHOU TIANNING CONS 6.48 02/12/22 CNY 40.81 CHANGZHOU TIANNING CONS 6.48 02/12/22 CNY 40.00 CHAOHU URBAN TOWN CONST 6.50 04/30/22 CNY 42.10 CHAOHU URBAN TOWN CONST 6.50 04/30/22 CNY 40.87 CHENGDU ECONOMIC & TECH 6.90 05/30/21 CNY 26.00 CHENGDU ECONOMIC & TECH 6.90 05/30/21 CNY 20.31 CHENGDU GARDEN WATER CI 6.15 05/03/23 CNY 60.22 CHENGDU GARDEN WATER CI 6.15 05/03/23 CNY 60.09 CHENGDU LONGBO INVESTME 8.10 04/24/21 CNY 20.30 CHENGDU LONGBO INVESTME 8.10 04/24/21 CNY 20.26 CHENGDU PIDU DISTRICT S 6.95 04/01/22 CNY 48.83 CHENGDU PIDU DISTRICT S 6.95 04/01/22 CNY 40.99 CHENGDU PIDU DISTRICT S 7.25 10/15/20 CNY 20.01 CHENGDU PIDU DISTRICT S 7.25 10/15/20 CNY 20.00 CHENGDU SHUZHOU CITY CO 6.58 05/26/22 CNY 40.97 CHENGDU SHUZHOU CITY CO 6.58 05/26/22 CNY 40.50 CHENGDU XINGCHENGJIAN I 6.00 03/20/22 CNY 40.80 CHENGDU XINGCHENGJIAN I 6.00 03/20/22 CNY 40.00 CHENGDU XINKAIYUAN URBA 5.29 04/27/23 CNY 59.85 CHENGDU XINKAIYUAN URBA 5.29 04/27/23 CNY 59.48 CHENGDU XINKAIYUAN URBA 7.43 08/12/21 CNY 21.00 CHENGDU XINKAIYUAN URBA 7.43 08/12/21 CNY 20.35 CHENGFA INVESTMENT GROU 6.87 04/30/21 CNY 21.37 CHENGFA INVESTMENT GROU 6.87 04/30/21 CNY 20.26 CHENZHOU BAIFU INVESTME 4.96 03/22/26 CNY 74.16 CHENZHOU BAIFU INVESTME 4.96 03/22/26 CNY 73.33 CHENZHOU BAIFU INVESTME 6.54 08/28/21 CNY 20.15 CHENZHOU BAIFU INVESTME 6.54 08/28/21 CNY 20.00 CHENZHOU FUCHENG HIGH T 4.73 01/22/23 CNY 60.22 CHENZHOU FUCHENG HIGH T 4.73 01/22/23 CNY 59.85 CHENZHOU INDUSTRY INVES 6.45 01/23/22 CNY 48.60 CHENZHOU INDUSTRY INVES 6.45 01/23/22 CNY 40.32 CHENZHOU XINTIAN INVEST 5.38 03/08/26 CNY 74.36 CHIBI LANTIAN URBAN CON 4.38 08/10/23 CNY 59.44 CHIBI LANTIAN URBAN CON 4.38 08/10/23 CNY 59.27 CHINA MINSHENG INVESTME 7.00 12/26/20 CNY 36.65 CHINA OCEANWIDE HOLDING 8.90 12/13/21 CNY 50.26 CHINA SECURITY CO LTD 4.45 11/11/19 CNY 31.00 CHINA YIXING ENVIRONMEN 4.08 09/14/23 CNY 59.77 CHINA YIXING ENVIRONMEN 4.08 09/14/23 CNY 59.76 CHINA YIXING ENVIRONMEN 7.10 10/18/20 CNY 20.40 CHINA YIXING ENVIRONMEN 7.10 10/18/20 CNY 20.01 CHONGQIN BAIYAN INVESTM 5.75 05/03/23 CNY 61.35 CHONGQIN BAIYAN INVESTM 5.75 05/03/23 CNY 60.17 CHONGQIN XINLIANG INVES 4.76 08/26/23 CNY 56.39 CHONGQIN XINLIANG INVES 4.76 08/26/23 CNY 56.33 CHONGQING BANAN ECONOMI 6.17 03/13/22 CNY 40.47 CHONGQING BANAN ECONOMI 7.00 08/20/21 CNY 21.10 CHONGQING BANAN ECONOMI 7.00 08/20/21 CNY 20.46 CHONGQING BAYUAN CONSTR 4.99 08/16/23 CNY 58.14 CHONGQING BEICHENG CONS 7.30 10/16/20 CNY 20.30 CHONGQING BEICHENG CONS 7.30 10/16/20 CNY 20.00 CHONGQING BISHAN DISTRI 4.93 03/29/23 CNY 61.87 CHONGQING BISHAN DISTRI 4.93 03/29/23 CNY 60.96 CHONGQING CHANGSHOU ECO 7.20 07/15/21 CNY 20.22 CHONGQING CHANGSHOU ECO 7.20 07/15/21 CNY 20.00 CHONGQING CHANGSHOU ECO 7.10 06/19/21 CNY 20.18 CHONGQING CHANGSHOU ECO 7.10 06/19/21 CNY 20.00 CHONGQING DAZU INDUSTRI 6.30 04/28/22 CNY 40.43 CHONGQING DAZU INDUSTRI 6.30 04/28/22 CNY 40.00 CHONGQING ECO&TECH DEVE 3.95 04/13/23 CNY 60.15 CHONGQING FULING DISTRI 7.89 03/20/21 CNY 27.33 CHONGQING FULING DISTRI 7.89 03/20/21 CNY 20.22 CHONGQING FULING TRAFFI 6.68 02/03/22 CNY 40.64 CHONGQING FULING TRAFFI 6.68 02/03/22 CNY 40.00 CHONGQING GAOXIN ZONE D 7.80 04/25/21 CNY 30.80 CHONGQING GAOXIN ZONE D 7.80 04/25/21 CNY 20.42 CHONGQING GARDENING IND 8.45 06/03/21 CNY 20.45 CHONGQING GARDENING IND 8.45 06/03/21 CNY 20.00 CHONGQING HAOJIANG CONS 8.05 03/06/21 CNY 20.20 CHONGQING HAOJIANG CONS 7.99 11/22/20 CNY 20.04 CHONGQING HAOJIANG CONS 8.05 03/06/21 CNY 20.00 CHONGQING HAOJIANG CONS 7.99 11/22/20 CNY 20.00 CHONGQING HECHUAN CITY 3.95 09/06/23 CNY 61.22 CHONGQING HECHUAN CITY 3.95 09/06/23 CNY 59.88 CHONGQING HECHUAN CITY 7.30 07/07/21 CNY 21.00 CHONGQING HECHUAN CITY 7.30 07/07/21 CNY 20.53 CHONGQING INTERNATIONAL 7.08 10/18/20 CNY 20.29 CHONGQING INTERNATIONAL 7.08 10/18/20 CNY 20.01 CHONGQING JIANGBEIZUI C 6.50 07/21/21 CNY 20.40 CHONGQING JIANGBEIZUI C 6.50 07/21/21 CNY 20.30 CHONGQING JINYUN ASSET 4.50 12/31/22 CNY 60.08 CHONGQING JINYUN ASSET 4.50 12/31/22 CNY 60.04 CHONGQING JIULONG HI-TE 6.60 08/19/21 CNY 20.46 CHONGQING JIULONG HI-TE 6.60 08/19/21 CNY 20.25 CHONGQING KAIQIAN INVES 4.64 03/21/23 CNY 58.90 CHONGQING KAIQIAN INVES 4.64 03/21/23 CNY 58.82 CHONGQING LAND PROPERTI 3.36 03/21/23 CNY 60.10 CHONGQING LAND PROPERTI 3.36 03/21/23 CNY 59.72 CHONGQING LIANGJIANG NE 3.60 04/19/21 CNY 40.60 CHONGQING LIANGJIANG NE 3.60 04/19/21 CNY 39.95 CHONGQING LIANGJIANG NE 3.10 08/05/21 CNY 39.93 CHONGQING LIANGJIANG NE 3.17 01/13/21 CNY 39.92 CHONGQING LIANGJIANG NE 3.17 01/13/21 CNY 39.90 CHONGQING LIANGJIANG NE 6.70 04/25/21 CNY 22.72 CHONGQING LIANGJIANG NE 5.88 09/16/21 CNY 20.38 CHONGQING LIANGJIANG NE 5.88 09/16/21 CNY 20.31 CHONGQING LIANGJIANG NE 6.70 04/25/21 CNY 20.31 CHONGQING MAIRUI URBAN 4.95 04/21/23 CNY 62.61 CHONGQING MAIRUI URBAN 4.95 04/21/23 CNY 61.67 CHONGQING NANCHUAN CITY 4.20 07/11/23 CNY 59.54 CHONGQING NANCHUAN CITY 4.20 07/11/23 CNY 58.31 CHONGQING QIANJIANG CIT 8.00 03/21/21 CNY 21.70 CHONGQING QIANJIANG CIT 8.00 03/21/21 CNY 20.18 CHONGQING QIJIANG EAST 4.00 09/05/23 CNY 58.13 CHONGQING QIJIANG EAST 4.00 09/05/23 CNY 58.05 CHONGQING SHUANGFU CONS 7.49 10/23/20 CNY 20.01 CHONGQING SHUANGFU CONS 7.49 10/23/20 CNY 20.00 CHONGQING SHUANGQIAO EC 5.99 11/19/21 CNY 46.25 CHONGQING SHUANGQIAO EC 5.99 11/19/21 CNY 40.14 CHONGQING TAX FREE PORT 7.50 04/24/21 CNY 21.70 CHONGQING TAX FREE PORT 7.50 04/24/21 CNY 20.32 CHONGQING TEA GARDEN IN 7.70 05/20/21 CNY 20.28 CHONGQING TONGLIANG JIN 6.59 04/08/22 CNY 40.81 CHONGQING TONGLIANG JIN 6.59 04/08/22 CNY 40.00 CHONGQING TONGNAN DISTR 4.99 12/31/22 CNY 60.00 CHONGQING TONGNAN DISTR 4.99 12/31/22 CNY 59.36 CHONGQING WANSHENG ECO 6.95 08/25/21 CNY 25.00 CHONGQING WANSHENG ECO 8.19 04/08/21 CNY 23.90 CHONGQING WANSHENG ECO 8.19 04/08/21 CNY 20.20 CHONGQING WANSHENG ECO 6.95 08/25/21 CNY 20.16 CHONGQING WANSHENG ECO 5.40 11/18/21 CNY 69.87 CHONGQING WANZHOU SANXI 4.95 08/25/22 CNY 40.80 CHONGQING WANZHOU SANXI 4.95 08/25/22 CNY 40.55 CHONGQING XINGRONG HOLD 4.86 03/31/23 CNY 59.30 CHONGQING XINGRONG HOLD 4.86 03/31/23 CNY 58.50 CHONGQING XIYONG MICRO- 6.58 07/25/21 CNY 22.33 CHONGQING XIYONG MICRO- 6.58 07/25/21 CNY 20.48 CHONGQING YONGCHUAN HUI 7.28 05/30/21 CNY 21.60 CHONGQING YONGCHUAN HUI 7.28 05/30/21 CNY 20.37 CHONGQING YUELAI INVEST 6.09 04/29/22 CNY 41.01 CHONGQING YUELAI INVEST 6.09 04/29/22 CNY 40.00 CHONGQING YUNAN ASSET M 7.05 06/17/21 CNY 20.76 CHONGQING YUNAN ASSET M 7.05 06/17/21 CNY 20.47 CHONGQING YUZHONG STATE 7.25 02/26/21 CNY 20.28 CHONGQING YUZHONG STATE 7.25 02/26/21 CNY 20.20 CHUN'AN XINANJIANG DEVE 6.10 03/11/22 CNY 44.55 CHUN'AN XINANJIANG DEVE 6.10 03/11/22 CNY 40.64 CHUZHOU CITY CONSTRUCTI 6.17 11/30/21 CNY 61.00 CHUZHOU CITY CONSTRUCTI 6.40 08/22/21 CNY 20.48 CITIC GUOAN GROUP CORP 4.49 03/08/21 CNY 18.25 CITIC GUOAN GROUP CORP 4.23 12/15/20 CNY 18.25 CITIC GUOAN GROUP CORP 5.80 12/15/19 CNY 18.25 CITIC GUOAN GROUP CORP 4.90 11/06/19 CNY 18.25 CIXI CITY CONSTRUCTION 6.18 08/18/21 CNY 28.80 CIXI CITY CONSTRUCTION 6.18 08/18/21 CNY 20.39 DAFANG COUNTY CONSTRUCT 6.00 09/26/23 CNY 58.42 DAFANG COUNTY CONSTRUCT 6.00 09/26/23 CNY 57.80 DALI ECONOMIC DEVELOPME 8.30 12/11/20 CNY 20.60 DALI ECONOMIC DEVELOPME 7.90 03/04/21 CNY 20.15 DALI ECONOMIC DEVELOPME 8.30 12/11/20 CNY 20.13 DALI ECONOMIC DEVELOPME 7.90 03/04/21 CNY 20.00 DALI HAIDONG DEVELOPMEN 6.01 01/25/23 CNY 61.47 DALI HAIDONG DEVELOPMEN 6.01 01/25/23 CNY 59.82 DALIAN PULANDIAN CONSTR 3.80 01/25/23 CNY 59.07 DALIAN RONGDA INVESTMEN 5.69 12/05/21 CNY 40.47 DALIAN RONGQIANG INVEST 7.92 04/14/21 CNY 20.22 DALIAN RONGQIANG INVEST 7.92 04/14/21 CNY 20.22 DALIAN RONGQIANG INVEST 8.60 01/20/21 CNY 20.16 DALIAN RONGQIANG INVEST 8.60 01/20/21 CNY 20.15 DALIAN SHITAI CITY CONS 4.50 02/01/23 CNY 55.85 DALIAN SHITAI CITY CONS 4.50 02/01/23 CNY 54.87 DALIAN SHITAI CITY CONS 7.09 02/20/21 CNY 19.79 DANDONG PORT GROUP CO L 5.50 01/27/21 CNY 59.00 DANGTU COUNTY CONSTRUCT 5.38 08/10/22 CNY 40.75 DANGTU COUNTY CONSTRUCT 5.38 08/10/22 CNY 40.59 DANGYANG XINYUAN INVEST 4.97 03/29/23 CNY 60.54 DANGYANG XINYUAN INVEST 4.97 03/29/23 CNY 60.08 DANGYANG XINYUAN INVEST 7.99 05/23/21 CNY 20.00 DANYANG HI-TECH INDUSTR 6.40 04/24/22 CNY 40.18 DANYANG HI-TECH INDUSTR 6.40 04/24/22 CNY 40.00 DANYANG INVESTMENT GROU 3.99 01/25/23 CNY 59.51 DANYANG INVESTMENT GROU 6.90 10/23/20 CNY 20.16 DANYANG INVESTMENT GROU 6.90 10/23/20 CNY 20.02 DATONG ECONOMIC CONSTRU 4.49 10/22/22 CNY 60.41 DATONG ECONOMIC CONSTRU 4.49 10/22/22 CNY 60.30 DAWA COUNTY CITY CONSTR 6.29 06/12/22 CNY 39.30 DAWA COUNTY CITY CONSTR 6.29 06/12/22 CNY 39.14 DAYE ZHENHENG CITY DEVE 4.50 03/28/23 CNY 58.93 DAYE ZHENHENG CITY DEVE 4.50 03/28/23 CNY 58.92 DAYE ZHENHENG CITY DEVE 4.05 08/31/23 CNY 58.44 DAYE ZHENHENG CITY DEVE 4.05 08/31/23 CNY 58.17 DAYE ZHENHENG CITY DEVE 7.30 03/03/21 CNY 23.53 DAYE ZHENHENG CITY DEVE 7.30 03/03/21 CNY 20.20 DAYE ZHENHENG CITY DEVE 7.95 11/27/20 CNY 20.15 DAYE ZHENHENG CITY DEVE 7.95 11/27/20 CNY 20.08 DAZHOU DEVELOPMENT HOLD 5.10 11/27/22 CNY 60.52 DAZHOU DEVELOPMENT HOLD 5.10 11/27/22 CNY 60.00 DAZHOU DEVELOPMENT HOLD 6.55 01/14/22 CNY 40.76 DAZHOU DEVELOPMENT HOLD 6.55 01/14/22 CNY 40.00 DEHONGZHOU HONGKANG INV 6.68 01/23/22 CNY 40.19 DEHONGZHOU HONGKANG INV 6.68 01/23/22 CNY 40.19 DEXING INVESTMENT HOLDI 5.99 03/21/23 CNY 60.58 DEXING INVESTMENT HOLDI 5.99 03/21/23 CNY 60.42 DEYANG ECONOMIC DEVELOP 7.90 04/28/21 CNY 28.26 DEYANG ECONOMIC DEVELOP 7.90 04/28/21 CNY 20.22 DONGLING GROUP INC CO 8.00 07/14/22 CNY 40.99 DONGLING GROUP INC CO 8.00 07/14/22 CNY 40.00 DONGTAI UBAN CONSTRUCTI 7.58 04/23/21 CNY 28.48 DONGTAI UBAN CONSTRUCTI 7.58 04/23/21 CNY 20.38 DONGTAI UBAN CONSTRUCTI 8.65 01/13/21 CNY 20.19 DONGYING CITY URBAN ASS 5.57 03/31/22 CNY 41.58 DONGYING CITY URBAN ASS 5.57 03/31/22 CNY 40.49 DONGZHI COUNTY CITY OPE 4.88 06/20/23 CNY 60.41 DONGZHI COUNTY CITY OPE 4.88 06/20/23 CNY 60.05 DUJIANGYAN XINGYAN INVE 6.10 03/12/22 CNY 40.00 DUJIANGYAN XINGYAN INVE 6.10 03/12/22 CNY 38.92 DUNYUN STATE-OWNED ASSE 6.60 12/28/22 CNY 59.16 EASTAR HOLDINGS GROUP C 7.30 10/31/20 CNY 63.00 ENSHI URBAN CONSTRUCTIO 7.50 06/03/21 CNY 27.54 ENSHI URBAN CONSTRUCTIO 7.50 06/03/21 CNY 20.42 EZHOU CITY CONSTRUCTION 7.76 05/15/21 CNY 26.50 EZHOU CITY CONSTRUCTION 6.68 09/19/21 CNY 21.00 EZHOU CITY CONSTRUCTION 6.68 09/19/21 CNY 20.57 EZHOU CITY CONSTRUCTION 7.76 05/15/21 CNY 20.52 FANGCHENGGANG GANGFA HO 8.09 04/16/21 CNY 20.50 FANGCHENGGANG GANGFA HO 8.09 04/16/21 CNY 20.32 FEICHENG CITY ASSETS MA 4.04 03/23/23 CNY 59.83 FEICHENG CITY ASSETS MA 4.04 03/23/23 CNY 59.26 FEIXI COUNTY URBAN & RU 4.45 06/03/23 CNY 61.24 FEIXI COUNTY URBAN & RU 4.45 06/03/23 CNY 59.89 FENG COUNTY ECONOMIC DE 5.18 06/21/23 CNY 59.29 FENG COUNTY ECONOMIC DE 5.18 06/21/23 CNY 58.83 FENGCHENG CITY CONSTRUC 6.49 02/10/22 CNY 44.49 FENGCHENG CITY CONSTRUC 6.49 02/10/22 CNY 40.66 FENGCHENG CITY MODERN I 5.76 12/17/22 CNY 60.00 FENGCHENG CITY MODERN I 5.76 12/17/22 CNY 59.85 FENGXIAN URBAN INVESTME 6.48 03/20/22 CNY 40.42 FENGXIAN URBAN INVESTME 6.48 03/20/22 CNY 40.00 FENGXIAN URBAN INVESTME 4.23 07/13/21 CNY 19.79 FENGXIAN URBAN INVESTME 4.23 07/13/21 CNY 19.75 FENYI CITY CONSTRUCTION 4.54 08/22/23 CNY 78.52 FENYI CITY CONSTRUCTION 4.54 08/22/23 CNY 58.59 FUGU COUNTY STATE-OWNED 8.69 12/16/20 CNY 20.11 FUGU COUNTY STATE-OWNED 8.69 12/16/20 CNY 20.01 FUGUINIAO CO LTD 6.30 04/22/20 CNY 13.00 FUJIAN JINJIANG INDUSTR 7.08 06/27/21 CNY 20.65 FUJIAN JINJIANG INDUSTR 7.08 06/27/21 CNY 20.39 FUJIAN JINJIANG URBAN C 3.35 08/24/23 CNY 59.60 FUJIAN PROVINCE LIANJIA 6.29 04/30/22 CNY 40.93 FUJIAN PROVINCE LIANJIA 6.29 04/30/22 CNY 40.00 FUJIAN ZHANGLONG GROUP 4.99 08/07/22 CNY 40.53 FUJIAN ZHANGLONG GROUP 4.99 08/07/22 CNY 40.00 FUNING URBAN INVESTMENT 7.19 08/15/21 CNY 21.15 FUNING URBAN INVESTMENT 7.19 08/15/21 CNY 20.43 FUQING CITY STATE-OWNED 5.94 11/26/22 CNY 56.19 FUQING CITY STATE-OWNED 6.66 03/01/21 CNY 25.09 FUXIN INFRASTRUCTURE CO 6.18 03/18/22 CNY 40.39 FUXIN INFRASTRUCTURE CO 6.18 03/18/22 CNY 40.04 FUZHOU CHANGLE DISTRICT 4.50 04/11/23 CNY 59.38 FUZHOU CHANGLE DISTRICT 4.50 04/11/23 CNY 58.79 FUZHOU DEVELOPMENT ZONE 3.53 08/25/23 CNY 59.61 FUZHOU LINCHUAN URBAN C 5.68 07/05/23 CNY 60.91 FUZHOU LINCHUAN URBAN C 5.68 07/05/23 CNY 60.74 FUZHOU URBAN AND RURAL 4.89 07/08/22 CNY 40.68 FUZHOU URBAN AND RURAL 5.48 01/26/22 CNY 40.60 FUZHOU URBAN AND RURAL 4.89 07/08/22 CNY 40.55 FUZHOU URBAN AND RURAL 5.48 01/26/22 CNY 40.00 GANSU PROVINCIAL HIGHWA 6.58 09/24/22 CNY 72.89 GANZHOU CITY DEVELOPMEN 5.50 06/16/22 CNY 40.93 GANZHOU CITY DEVELOPMEN 5.50 06/16/22 CNY 40.00 GANZHOU DEVELOPMENT ZON 7.43 02/19/21 CNY 20.21 GANZHOU DEVELOPMENT ZON 7.43 02/19/21 CNY 19.00 GAOMI STATE-OWNED ASSET 4.69 01/26/23 CNY 60.49 GAOMI STATE-OWNED ASSET 4.69 01/26/23 CNY 59.88 GAOYOU CITY CONSTRUCTIO 5.48 09/15/22 CNY 40.75 GAOYOU CITY CONSTRUCTIO 5.48 09/15/22 CNY 40.00 GAOYOU CITY ECONOMY DEV 3.65 09/02/23 CNY 60.00 GAOYOU CITY ECONOMY DEV 3.65 09/02/23 CNY 59.79 GOLMUD INVESTMENT HOLDI 8.70 12/30/20 CNY 20.13 GOLMUD INVESTMENT HOLDI 8.70 12/30/20 CNY 20.00 GONG'AN COUNTY CITY CON 4.30 08/30/23 CNY 59.31 GONG'AN COUNTY CITY CON 4.30 08/30/23 CNY 59.04 GONGQINGCHENG FINANCIAL 5.85 03/25/23 CNY 60.77 GONGQINGCHENG FINANCIAL 5.85 03/25/23 CNY 59.70 GOOCOO INVESTMENT CO LT 8.00 02/01/21 CNY 50.00 GUANGAN DEVELOPMENT AND 6.39 03/24/22 CNY 44.00 GUANGAN DEVELOPMENT AND 6.39 03/24/22 CNY 40.84 GUANGAN ECONOMIC & TECH 5.16 04/14/23 CNY 59.55 GUANGAN ECONOMIC & TECH 5.16 04/14/23 CNY 59.31 GUANGAN ECONOMIC & TECH 7.10 09/22/21 CNY 20.23 GUANGAN ECONOMIC & TECH 7.10 09/22/21 CNY 20.22 GUANGDONG HUIZHOU COMMU 4.16 05/17/23 CNY 60.31 GUANGDONG HUIZHOU COMMU 4.16 05/17/23 CNY 59.98 GUANGRAO COUNTY ECONOMI 3.61 09/08/23 CNY 60.00 GUANGRAO COUNTY ECONOMI 3.61 09/08/23 CNY 59.19 GUANGXI BAISE DEVELOPME 7.27 06/20/21 CNY 20.17 GUANGXI BAISE DEVELOPME 7.27 06/20/21 CNY 20.00 GUANGXI LAIBIN INDUSTRI 5.97 11/26/21 CNY 40.14 GUANGXI LAIBIN INDUSTRI 5.97 11/26/21 CNY 40.00 GUANGXI LIUZHOU DONGCHE 7.40 10/29/20 CNY 21.00 GUANGXI LIUZHOU DONGCHE 7.40 10/29/20 CNY 20.03 GUANGXI QINZHOU LINHAI 7.68 02/20/21 CNY 24.77 GUANGXI QINZHOU LINHAI 7.68 02/20/21 CNY 20.16 GUANGXI URBAN CONSTRUCT 7.59 04/14/21 CNY 23.00 GUANGXI URBAN CONSTRUCT 7.59 04/14/21 CNY 20.29 GUANGYUAN INVESTMENT HO 7.30 04/22/21 CNY 21.15 GUANGYUAN INVESTMENT HO 7.30 04/22/21 CNY 20.29 GUANGYUAN YUANQU CONSTR 4.48 03/10/23 CNY 58.67 GUANGYUAN YUANQU CONSTR 4.48 03/10/23 CNY 58.63 GUANGYUAN YUANQU CONSTR 8.35 08/26/21 CNY 27.00 GUANGYUAN YUANQU CONSTR 8.35 08/26/21 CNY 20.68 GUANGZHOU HUANTOU NANSH 6.38 11/18/24 CNY 73.82 GUANGZHOU HUANTOU NANSH 6.38 11/18/24 CNY 73.28 GUANGZHOU METRO GROUP C 6.45 04/02/24 CNY 62.53 GUANGZHOU METRO GROUP C 6.05 06/03/24 CNY 62.11 GUANGZHOU METRO GROUP C 6.45 04/02/24 CNY 60.00 GUILIN CITY INVESTMENT 6.90 06/13/21 CNY 20.27 GUILIN CITY INVESTMENT 6.90 06/13/21 CNY 20.00 GUILIN ECONOMIC CONSTRU 5.60 04/22/22 CNY 40.63 GUILIN ECONOMIC CONSTRU 5.60 04/22/22 CNY 40.00 GUIRENNIAO CO LTD 7.00 12/03/19 CNY 49.50 GUIXI CITY CONSTRUCTION 4.18 08/18/23 CNY 58.25 GUIXI CITY CONSTRUCTION 4.18 08/18/23 CNY 58.22 GUIYANG BAIYUN CITY CON 4.75 09/13/26 CNY 74.95 GUIYANG BAIYUN CITY CON 4.75 09/13/26 CNY 73.60 GUIYANG BAIYUN INDUSTRY 7.30 03/27/22 CNY 45.00 GUIYANG BAIYUN INDUSTRY 7.30 03/27/22 CNY 40.31 GUIYANG GUANSHANHU DIST 4.87 01/28/23 CNY 59.82 GUIYANG GUANSHANHU DIST 4.87 01/28/23 CNY 59.21 GUIYANG GUANSHANHU DIST 4.48 03/09/23 CNY 59.07 GUIYANG GUANSHANHU DIST 4.48 03/09/23 CNY 58.81 GUIYANG URBAN CONSTRUCT 5.23 12/02/22 CNY 60.25 GUIYANG URBAN CONSTRUCT 5.23 12/02/22 CNY 60.00 GUIZHOU EAST LAKE CITY 5.18 01/06/23 CNY 60.62 GUIZHOU EAST LAKE CITY 5.18 01/06/23 CNY 58.34 GUIZHOU FANJINGSHAN INV 6.95 01/28/22 CNY 40.48 GUIZHOU FANJINGSHAN INV 6.95 01/28/22 CNY 40.00 GUIZHOU GUIAN CONSTRUCT 4.17 10/28/22 CNY 61.00 GUIZHOU GUIAN CONSTRUCT 4.17 10/28/22 CNY 60.22 GUIZHOU GUILONG INDUSTR 7.80 04/28/22 CNY 50.97 GUIZHOU GUILONG INDUSTR 7.80 04/28/22 CNY 50.03 GUIZHOU HONGCAI INVESTM 6.00 06/07/23 CNY 49.02 GUIZHOU HONGCAI INVESTM 6.00 06/07/23 CNY 48.66 GUIZHOU RAILWAY INVESTM 7.50 04/23/24 CNY 63.06 GUIZHOU RAILWAY INVESTM 7.50 04/23/24 CNY 63.05 GUIZHOU RAILWAY INVESTM 7.20 03/27/22 CNY 41.16 GUIZHOU RAILWAY INVESTM 7.20 03/27/22 CNY 41.05 GUIZHOU SHUICHENG CITY 4.98 11/22/23 CNY 74.16 GUIZHOU SHUICHENG CITY 4.98 11/22/23 CNY 73.94 GULIN STATE-OWNED ASSET 4.18 08/04/23 CNY 59.96 GULIN STATE-OWNED ASSET 4.18 08/04/23 CNY 58.69 HAIAN COUNTY DEVELOPMEN 5.45 04/13/23 CNY 59.81 HAIAN COUNTY DEVELOPMEN 5.45 04/13/23 CNY 59.38 HAIAN URBAN DEMOLITION 5.08 11/27/22 CNY 60.90 HAIAN URBAN DEMOLITION 5.08 11/27/22 CNY 60.88 HAICHENG URBAN JINCAI L 5.37 08/10/23 CNY 59.52 HAICHENG URBAN JINCAI L 5.37 08/10/23 CNY 59.05 HAICHENG URBAN JINCAI L 8.17 04/16/21 CNY 20.21 HAICHENG URBAN JINCAI L 8.56 12/19/20 CNY 20.09 HAIFENG MARINE INFRASTR 6.84 04/29/22 CNY 40.45 HAIKOU MEILAN INTERNATI 5.25 09/06/19 USD 52.87 HAIMEN CITY DEVELOPMENT 6.22 04/03/22 CNY 42.20 HAIMEN CITY DEVELOPMENT 6.22 04/03/22 CNY 40.95 HAINING CITY DEVELOPMEN 5.58 10/22/21 CNY 40.49 HAINING CITY JIANSHAN D 6.90 11/04/20 CNY 21.42 HAINING CITY JIANSHAN D 6.90 11/04/20 CNY 20.04 HAIXI STATE-OWNED CAPIT 8.60 01/02/21 CNY 20.30 HAIXI STATE-OWNED CAPIT 8.60 01/02/21 CNY 20.10 HAMI JIANHUI STATE-OWNE 3.90 09/21/23 CNY 59.10 HAMI JIANHUI STATE-OWNE 3.90 09/21/23 CNY 57.84 HANCHUAN CITY HANRONG I 4.25 07/18/23 CNY 59.33 HANCHUAN CITY HANRONG I 4.25 07/18/23 CNY 59.11 HANDAN CONSTRUCTION & I 5.48 05/27/22 CNY 47.20 HANDAN CONSTRUCTION & I 5.48 05/27/22 CNY 40.39 HANGZHOU CITY CONSTRUCT 3.80 03/14/23 CNY 60.01 HANGZHOU CITY CONSTRUCT 3.80 03/14/23 CNY 60.00 HANGZHOU FUYANG CITY CO 7.20 03/19/21 CNY 20.30 HANGZHOU FUYANG CITY CO 7.20 03/19/21 CNY 20.28 HANGZHOU FUYANG DEVELOP 4.76 01/27/23 CNY 59.62 HANGZHOU FUYANG DEVELOP 4.76 01/27/23 CNY 59.12 HANGZHOU FUYANG DEVELOP 7.70 04/28/21 CNY 29.00 HANGZHOU FUYANG DEVELOP 7.70 04/28/21 CNY 20.33 HANGZHOU GONGSHU DISTRI 6.90 07/21/21 CNY 20.46 HANGZHOU GONGSHU DISTRI 6.90 07/21/21 CNY 20.40 HANGZHOU METRO GROUP CO 5.97 09/17/24 CNY 72.77 HANGZHOU METRO GROUP CO 5.97 09/17/24 CNY 62.98 HANGZHOU WEST LAKE INVE 4.30 04/25/23 CNY 60.28 HANGZHOU WEST LAKE INVE 4.30 04/25/23 CNY 59.96 HANGZHOU XIAOSHAN ECO&T 6.90 05/13/21 CNY 20.29 HANGZHOU XIAOSHAN QIANJ 4.00 03/22/23 CNY 60.27 HANGZHOU XIAOSHAN QIANJ 4.00 03/22/23 CNY 60.07 HANGZHOU YUHANG CITY CO 7.00 03/03/21 CNY 20.20 HANGZHOU YUHANG ECONOMI 7.45 03/03/21 CNY 20.75 HANGZHOU YUHANG ECONOMI 7.45 03/03/21 CNY 20.34 HANGZHOU YUHANG TRANSPO 7.19 04/18/21 CNY 21.85 HANGZHOU YUHANG TRANSPO 7.19 04/18/21 CNY 20.29 HANJIANG STATE-OWNED-AS 7.30 11/11/20 CNY 26.60 HANJIANG STATE-OWNED-AS 7.30 11/11/20 CNY 20.05 HAWTAI MOTOR GROUP LTD 6.10 10/26/21 CNY 74.00 HAWTAI MOTOR GROUP LTD 7.20 04/14/21 CNY 60.00 HEBEI ZHONGYUE CITY CON 4.10 11/16/21 CNY 60.04 HEBEI ZHONGYUE CITY CON 4.10 11/16/21 CNY 59.75 HEBI INVESTMENTS GROUP 7.88 08/01/21 CNY 20.99 HEBI INVESTMENTS GROUP 7.88 08/01/21 CNY 20.62 HECHI CITY CONSTRUCTION 5.58 11/13/22 CNY 62.42 HECHI CITY CONSTRUCTION 5.58 11/13/22 CNY 60.18 HEFEI CONSTRUCTION INVE 7.20 04/29/24 CNY 63.79 HEFEI XINCHENG STATE-OW 4.13 07/15/23 CNY 59.82 HEFEI XINCHENG STATE-OW 4.13 07/15/23 CNY 59.30 HEILONGJIANG HECHENG CO 5.60 11/11/21 CNY 40.01 HEILONGJIANG HECHENG CO 7.05 06/21/22 CNY 30.40 HEILONGJIANG POST-DISAS 7.10 11/19/20 CNY 25.07 HEILONGJIANG POST-DISAS 7.10 11/19/20 CNY 18.55 HEILONGJIANG POST-DISAS 7.06 11/20/20 CNY 6.81 HEILONGJIANG POST-DISAS 7.06 11/20/20 CNY 6.78 HEISHAN TONGHE ASSET MA 6.79 09/18/22 CNY 39.64 HEISHAN TONGHE ASSET MA 6.79 09/18/22 CNY 39.28 HENGYANG BAISHAZHOU DEV 6.87 08/22/21 CNY 24.50 HENGYANG BAISHAZHOU DEV 6.87 08/22/21 CNY 20.05 HENGYANG COMMUNICATION 4.28 01/21/23 CNY 60.02 HENGYANG COMMUNICATION 4.28 01/21/23 CNY 60.00 HENGYANG XIANGJIANG WAT 7.40 04/23/21 CNY 21.10 HENGYANG XIANGJIANG WAT 7.40 04/23/21 CNY 20.21 HESHAN PUBLIC ASSET MAN 4.08 09/28/23 CNY 58.81 HESHAN PUBLIC ASSET MAN 4.08 09/28/23 CNY 58.06 HETIAN YUXIN STATE-OWNE 4.65 03/28/23 CNY 59.85 HETIAN YUXIN STATE-OWNE 4.65 03/28/23 CNY 59.40 HEYUAN CITY RUNYE INVES 6.20 12/03/21 CNY 45.88 HEYUAN CITY RUNYE INVES 6.20 12/03/21 CNY 40.61 HEZE INVESTMENT DEVELOP 7.14 03/24/21 CNY 20.95 HEZE INVESTMENT DEVELOP 7.14 03/24/21 CNY 20.27 HEZHOU URBAN CONSTRUCTI 8.16 05/16/21 CNY 20.80 HEZHOU URBAN CONSTRUCTI 8.16 05/16/21 CNY 20.39 HNA GROUP CO LTD 7.10 04/15/20 CNY 70.00 HNA GROUP CO LTD 5.99 11/27/22 CNY 29.10 HUACHEN AUTOMOTIVE GROU 6.30 09/14/23 CNY 68.23 HUACHEN AUTOMOTIVE GROU 5.80 06/17/24 CNY 60.78 HUACHEN AUTOMOTIVE GROU 5.80 11/05/23 CNY 59.80 HUACHEN AUTOMOTIVE GROU 6.30 09/14/23 CNY 56.93 HUACHEN AUTOMOTIVE GROU 5.40 09/14/23 CNY 55.80 HUACHEN AUTOMOTIVE GROU 5.80 03/20/24 CNY 54.80 HUACHEN ENERGY CO LTD 6.63 05/18/20 USD 35.57 HUAIAN CITY HUAIAN DIST 4.63 05/03/23 CNY 64.10 HUAIAN CITY HUAIAN DIST 4.63 05/03/23 CNY 60.17 HUAIAN CITY URBAN ASSET 5.70 04/23/22 CNY 41.54 HUAIAN CITY URBAN ASSET 5.70 04/23/22 CNY 40.76 HUAIAN CITY XUYI URBAN 5.10 04/15/23 CNY 59.90 HUAIAN CITY XUYI URBAN 5.10 04/15/23 CNY 59.20 HUAI'AN DEVELOPMENT HOL 7.30 03/10/21 CNY 27.84 HUAI'AN DEVELOPMENT HOL 7.30 03/10/21 CNY 20.24 HUAIAN HONGRI TRANSPORT 5.09 04/20/23 CNY 59.27 HUAIAN HONGRI TRANSPORT 5.09 04/20/23 CNY 58.56 HUAIAN HONGZE DISTRICT 4.37 07/18/23 CNY 58.85 HUAIAN HONGZE DISTRICT 4.37 07/18/23 CNY 58.44 HUAI'AN NEW CITY INVEST 6.95 07/28/21 CNY 27.50 HUAI'AN NEW CITY INVEST 6.95 07/28/21 CNY 20.40 HUAI'AN NEW CITY INVEST 7.45 03/04/21 CNY 20.21 HUAI'AN NEW CITY INVEST 7.45 03/04/21 CNY 20.00 HUAIHUA CITY CONSTRUCTI 4.18 08/31/23 CNY 58.67 HUAIHUA CITY CONSTRUCTI 4.18 08/31/23 CNY 58.64 HUAIHUA CITY INDUSTRIAL 7.70 10/29/20 CNY 20.04 HUAIHUA ECONOMIC DEVELO 6.80 03/26/22 CNY 40.08 HUAIHUA ECONOMIC DEVELO 6.80 03/26/22 CNY 40.00 HUAIHUA TRANSPORTATION 4.96 04/12/23 CNY 59.99 HUAIHUA TRANSPORTATION 4.96 04/12/23 CNY 59.19 HUAINAN URBAN CONSTRUCT 6.79 07/09/21 CNY 21.65 HUAINAN URBAN CONSTRUCT 6.79 07/09/21 CNY 20.43 HUANGGANG CITY CONSTRUC 4.08 01/18/23 CNY 60.21 HUANGGANG CITY CONSTRUC 7.45 03/04/21 CNY 20.30 HUANGGANG CITY CONSTRUC 8.60 12/25/20 CNY 20.27 HUANGGANG CITY CONSTRUC 7.45 03/04/21 CNY 20.23 HUANGSHAN CHENGTOU GROU 5.95 05/06/22 CNY 40.82 HUANGSHAN CHENGTOU GROU 5.95 05/06/22 CNY 40.65 HUANGSHI CIHU HIGH-TECH 4.50 06/08/23 CNY 63.00 HUANGSHI CIHU HIGH-TECH 4.50 06/08/23 CNY 60.20 HUANGSHI CIHU HIGH-TECH 4.97 06/08/23 CNY 60.17 HUANGSHI CIHU HIGH-TECH 4.97 06/08/23 CNY 60.14 HUANGSHI CIHU HIGH-TECH 9.30 01/21/21 CNY 20.25 HUANGSHI CIHU HIGH-TECH 8.70 12/05/20 CNY 20.09 HUANGSHI URBAN CONSTRUC 5.99 04/29/22 CNY 40.87 HUANGSHI URBAN CONSTRUC 5.99 04/29/22 CNY 40.80 HUAWEN MEDIA GROUP 6.00 04/04/21 CNY 66.43 HUBEI PROVINCE CHANGJIA 6.15 04/03/22 CNY 42.40 HUBEI PROVINCE CHANGJIA 6.15 04/03/22 CNY 40.86 HUBEI SUPPLY AND MARKET 6.70 08/23/24 CNY 74.35 HULUDAO INVESTMENT GROU 7.50 10/18/23 CNY 61.60 HULUDAO INVESTMENT GROU 7.05 10/18/20 CNY 20.04 HULUDAO INVESTMENT GROU 7.05 10/18/20 CNY 20.01 HULUNBEIER INVESTMENT C 6.31 04/30/22 CNY 40.42 HULUNBEIER INVESTMENT C 6.31 04/30/22 CNY 40.00 HUNAN CHANGDE DEYUAN IN 6.50 06/16/21 CNY 22.25 HUNAN CHANGDE DEYUAN IN 6.50 06/16/21 CNY 20.33 HUNAN CHENGLINGJI HARBO 4.24 07/21/23 CNY 59.32 HUNAN CHENGLINGJI HARBO 4.24 07/21/23 CNY 58.24 HUNAN CHUZHISHENG HOLDI 5.60 12/18/22 CNY 60.93 HUNAN CHUZHISHENG HOLDI 5.60 12/18/22 CNY 60.34 HUNAN JINYANG INVESTMEN 4.37 01/19/23 CNY 60.03 HUNAN JINYANG INVESTMEN 4.37 01/19/23 CNY 59.65 HUNAN JINYANG INVESTMEN 4.39 04/06/23 CNY 59.59 HUNAN JINYANG INVESTMEN 4.39 04/06/23 CNY 58.72 HUNAN JINYANG INVESTMEN 5.70 11/27/21 CNY 39.42 HUNAN JINYANG INVESTMEN 5.70 11/27/21 CNY 38.60 HUNAN LOUDI ECONOMIC & 4.89 03/30/23 CNY 57.83 HUNAN LOUDI ECONOMIC & 4.89 03/30/23 CNY 56.93 HUNAN LOUDI ECONOMIC & 6.36 03/13/22 CNY 47.00 HUNAN LOUDI ECONOMIC & 6.36 03/13/22 CNY 38.70 HUNAN PROVINCIAL RAILWA 6.09 04/30/25 CNY 72.88 HUNAN PROVINCIAL RAILWA 6.09 04/30/25 CNY 70.00 HUNAN SHAODONG ECO-INDU 6.50 01/11/23 CNY 61.73 HUNAN SHAODONG ECO-INDU 6.50 01/11/23 CNY 59.31 HUNAN TIER GROUP CO LTD 4.20 03/17/23 CNY 58.47 HUNAN TIER GROUP CO LTD 4.20 03/17/23 CNY 58.45 HUNAN TIER GROUP CO LTD 8.00 12/23/20 CNY 22.72 HUNAN TIER GROUP CO LTD 7.10 03/03/21 CNY 20.30 HUNAN TIER GROUP CO LTD 7.10 03/03/21 CNY 20.23 HUNAN TIER GROUP CO LTD 8.00 12/23/20 CNY 20.16 HUNAN XIANGJIANG NEW AR 7.36 03/17/21 CNY 20.33 HUNAN XIANGJIANG NEW AR 7.36 03/17/21 CNY 20.00 HUNAN YOUZHOU INVESTMEN 4.80 07/07/23 CNY 59.92 HUNAN YOUZHOU INVESTMEN 4.80 07/07/23 CNY 59.91 HUZHOU URBAN CONSTRUCTI 6.48 08/28/21 CNY 22.38 HUZHOU URBAN CONSTRUCTI 6.48 08/28/21 CNY 20.20 HUZHOU WUXING NANTAIHU 8.79 01/16/21 CNY 20.29 HUZHOU WUXING NANTAIHU 8.79 01/16/21 CNY 20.10 HUZHOU XISAISHAN DEVELO 7.80 04/29/21 CNY 20.22 HUZHOU XISAISHAN DEVELO 7.80 04/29/21 CNY 20.00 INNER MONGOLIA JINLONG 7.30 11/19/22 CNY 60.27 INNER MONGOLIA JINLONG 7.30 11/19/22 CNY 59.50 INNER MONGOLIA KE'ERQIN 6.45 04/30/22 CNY 40.00 INNER MONGOLIA KE'ERQIN 6.50 03/11/22 CNY 40.00 INNER MONGOLIA KE'ERQIN 6.50 03/11/22 CNY 39.01 INNER MONGOLIA KE'ERQIN 6.45 04/30/22 CNY 38.85 INNER MONGOLIA SHENGXIA 8.18 08/21/21 CNY 24.00 INNER MONGOLIA SHENGXIA 8.18 08/21/21 CNY 20.14 INNER MONGOLIA ZHUNGEER 6.54 12/31/21 CNY 42.10 INNER MONGOLIA ZHUNGEER 6.54 12/31/21 CNY 40.85 JIAN CITY JINGANGSHAN D 4.87 01/27/23 CNY 59.78 JIAN CITY JINGANGSHAN D 4.87 01/27/23 CNY 58.60 JIAN CITY JINGANGSHAN D 7.99 06/03/21 CNY 20.87 JIAN CITY JINGANGSHAN D 7.99 06/03/21 CNY 20.33 JIANAN INVESTMENT HOLDI 4.30 03/08/23 CNY 60.28 JIANAN INVESTMENT HOLDI 4.30 03/08/23 CNY 60.24 JIANAN INVESTMENT HOLDI 3.85 09/05/23 CNY 60.00 JIANAN INVESTMENT HOLDI 3.85 09/05/23 CNY 59.70 JIANAN INVESTMENT HOLDI 3.50 09/05/23 CNY 59.41 JIANAN INVESTMENT HOLDI 6.85 05/23/21 CNY 26.50 JIANAN INVESTMENT HOLDI 6.85 05/23/21 CNY 20.45 JIANGDONG HOLDING GROUP 7.14 04/24/21 CNY 20.26 JIANGMEN NEW HI-TECH IN 6.03 04/22/22 CNY 41.10 JIANGMEN NEW HI-TECH IN 6.03 04/22/22 CNY 40.83 JIANGMEN NEW HI-TECH IN 7.39 11/04/20 CNY 20.04 JIANGSU BEIGU INDUSTRIA 5.80 06/20/23 CNY 60.94 JIANGSU BEIGU INDUSTRIA 5.80 06/20/23 CNY 59.77 JIANGSU DAHANG LINGANG 5.18 09/22/23 CNY 59.08 JIANGSU DAHANG LINGANG 5.18 09/22/23 CNY 58.61 JIANGSU GAOCHUN ECONOMI 3.67 09/23/23 CNY 59.37 JIANGSU GAOCHUN ECONOMI 3.67 09/23/23 CNY 59.25 JIANGSU HAIZHOU DEVELOP 4.67 06/06/23 CNY 61.51 JIANGSU HAIZHOU DEVELOP 4.67 06/06/23 CNY 60.45 JIANGSU HAIZHOUWAN DEVE 5.37 03/29/23 CNY 45.00 JIANGSU HANRUI INVESTME 4.63 04/15/23 CNY 60.51 JIANGSU HANRUI INVESTME 4.63 04/15/23 CNY 60.35 JIANGSU HANRUI INVESTME 5.00 08/31/23 CNY 58.27 JIANGSU HANRUI INVESTME 5.00 08/31/23 CNY 57.91 JIANGSU JINGUAN INVESTM 7.90 04/08/21 CNY 20.80 JIANGSU JINGUAN INVESTM 7.90 04/08/21 CNY 20.35 JIANGSU JINTAN GUOFA IN 4.60 08/22/23 CNY 58.59 JIANGSU JINTAN GUOFA IN 4.60 08/22/23 CNY 58.27 JIANGSU JINTAN GUOFA IN 6.85 05/30/21 CNY 20.23 JIANGSU JINTAN GUOFA IN 6.85 05/30/21 CNY 20.00 JIANGSU JURONG FUDI BIO 7.70 03/21/21 CNY 40.70 JIANGSU JURONG FUDI BIO 7.70 03/21/21 CNY 40.48 JIANGSU NANTONG NO2 CON 8.10 07/10/21 CNY 20.14 JIANGSU RUNCHENG ASSET 7.88 04/16/21 CNY 28.80 JIANGSU RUNCHENG ASSET 7.88 04/16/21 CNY 20.37 JIANGSU RUNQI WANGUO IN 4.14 10/21/21 CNY 59.99 JIANGSU RUNQI WANGUO IN 4.14 10/21/21 CNY 59.18 JIANGSU SUHAI INVESTMEN 7.28 05/29/21 CNY 25.00 JIANGSU SUHAI INVESTMEN 7.28 05/29/21 CNY 20.18 JIANGSU TAICANG PORT DE 7.40 04/28/21 CNY 20.44 JIANGSU TAICANG PORT DE 7.40 04/28/21 CNY 20.00 JIANGSU WUZHONG ECONOMI 5.49 11/19/21 CNY 40.51 JIANGSU WUZHONG ECONOMI 5.49 11/19/21 CNY 40.32 JIANGSU XISHAN ECONOMIC 5.78 07/20/22 CNY 40.89 JIANGSU XISHAN ECONOMIC 5.78 07/20/22 CNY 40.00 JIANGSU YANGKOU PORT CO 6.23 04/10/22 CNY 47.50 JIANGSU YANGKOU PORT CO 6.23 04/10/22 CNY 40.73 JIANGSU YINGZHOU DEVELO 4.33 09/21/23 CNY 58.17 JIANGSU YINGZHOU DEVELO 4.33 09/21/23 CNY 57.86 JIANGSU YIXING ECONOMIC 7.69 04/18/21 CNY 30.19 JIANGSU YIXING ECONOMIC 7.69 04/18/21 CNY 20.40 JIANGSU ZHANGJIAGANG EC 3.95 03/22/23 CNY 60.07 JIANGSU ZHANGJIAGANG EC 3.95 03/22/23 CNY 60.00 JIANGSU ZHUFU INDUSTRIA 4.47 07/20/23 CNY 58.90 JIANGSU ZHUFU INDUSTRIA 4.47 07/20/23 CNY 56.30 JIANGSU ZHUFU INDUSTRIA 4.93 12/29/20 CNY 40.13 JIANGXI HEJI INVESTMENT 5.09 12/17/22 CNY 60.00 JIANGXI HEJI INVESTMENT 5.09 12/17/22 CNY 59.78 JIANGXI HUIHENG PROPERT 4.43 08/30/21 CNY 40.13 JIANGXI HUIHENG PROPERT 4.43 08/30/21 CNY 39.91 JIANGXI LONGHU MOUNTAIN 4.35 03/16/23 CNY 59.53 JIANGXI LONGHU MOUNTAIN 4.35 03/16/23 CNY 59.50 JIANGXI PINGXIANG CHANG 8.18 05/22/21 CNY 29.34 JIANGXI PINGXIANG CHANG 8.18 05/22/21 CNY 20.39 JIANGXI PROVINCE SITONG 8.20 04/18/21 CNY 20.56 JIANGXI PROVINCE SITONG 8.20 04/18/21 CNY 20.33 JIANGYIN LINGANG NEW CI 7.10 11/07/20 CNY 21.00 JIANGYIN LINGANG NEW CI 7.10 11/07/20 CNY 20.04 JIANGYOU HONGFEI INVEST 6.55 09/02/22 CNY 40.61 JIANGYOU HONGFEI INVEST 6.55 09/02/22 CNY 40.31 JIANHU COUNTY DEVELOPME 7.29 09/25/21 CNY 22.75 JIANHU COUNTY DEVELOPME 7.29 09/25/21 CNY 20.21 JIANHU URBAN CONSTRUCTI 3.28 10/13/21 CNY 71.00 JIANHU URBAN CONSTRUCTI 3.28 10/13/21 CNY 69.54 JIANHU URBAN CONSTRUCTI 6.30 06/01/22 CNY 42.86 JIANHU URBAN CONSTRUCTI 6.30 06/01/22 CNY 40.09 JIAXING ECONOMIC&TECHNO 7.89 03/05/21 CNY 21.13 JIAXING ECONOMIC&TECHNO 7.89 03/05/21 CNY 20.37 JIAXING NANHU INVESTMEN 7.45 02/26/21 CNY 21.80 JIAXING NANHU INVESTMEN 7.45 02/26/21 CNY 20.24 JIAXING XIANGJIADANG DE 3.87 09/21/23 CNY 59.94 JIAXING XIANGJIADANG DE 4.13 07/20/23 CNY 59.53 JIAXING XIANGJIADANG DE 4.13 07/20/23 CNY 58.22 JIAXING XIANGJIADANG DE 3.87 09/21/23 CNY 57.78 JIAYU COUNTY URBAN TOWN 5.70 01/19/23 CNY 60.59 JIAYU COUNTY URBAN TOWN 5.70 01/19/23 CNY 60.59 JIAYUGUAN CITY INFRASTR 7.83 09/23/21 CNY 20.32 JIAYUGUAN CITY INFRASTR 7.83 09/23/21 CNY 20.00 JIEYANG CITY INVESTMENT 6.55 08/27/21 CNY 20.31 JILIN CITY CONSTRUCTION 3.80 01/27/23 CNY 59.90 JILIN CITY CONSTRUCTION 3.80 01/27/23 CNY 59.55 JILIN ECONOMIC AND TECH 6.20 04/29/23 CNY 60.33 JILIN ECONOMIC AND TECH 6.20 04/29/23 CNY 59.55 JILIN NORTHEAST SOCK IN 7.50 05/19/22 CNY 71.28 JILIN NORTHEAST SOCK IN 6.80 12/19/21 CNY 70.10 JILIN RAILWAY INVESTMEN 7.18 03/04/21 CNY 20.11 JILIN RAILWAY INVESTMEN 7.18 03/04/21 CNY 19.76 JINAN CITY CONSTRUCTION 6.80 03/20/21 CNY 20.28 JINAN CITY CONSTRUCTION 6.80 03/20/21 CNY 20.20 JINAN CITY LICHENG DIST 5.00 06/23/22 CNY 39.58 JINAN CITY LICHENG DIST 5.00 06/23/22 CNY 39.56 JINAN HI-TECH HOLDING G 6.38 06/19/21 CNY 20.30 JINAN HI-TECH HOLDING G 6.38 06/19/21 CNY 20.30 JINCHANG CONSTRUCTION I 6.79 12/21/22 CNY 60.46 JINCHANG CONSTRUCTION I 6.79 12/21/22 CNY 60.00 JINCHENG STATE-OWNED CA 4.99 11/11/21 CNY 40.36 JINCHENG STATE-OWNED CA 4.99 11/11/21 CNY 40.20 JINGDEZHEN CERAMIC CULT 5.38 11/27/22 CNY 60.24 JINGDEZHEN CERAMIC CULT 5.38 11/27/22 CNY 60.00 JINGHONG STATE-OWNED AS 8.08 05/23/21 CNY 20.23 JINGHONG STATE-OWNED AS 8.08 05/23/21 CNY 20.00 JINGJIANG CITY INVESTME 4.55 03/30/23 CNY 60.08 JINGJIANG CITY INVESTME 4.55 03/30/23 CNY 59.22 JINGJIANG HARBOUR GROUP 7.30 08/05/21 CNY 28.68 JINGJIANG HARBOUR GROUP 7.30 08/05/21 CNY 20.24 JINGMEN CITY CONSTRUCTI 6.85 07/09/22 CNY 30.90 JINGMEN CITY CONSTRUCTI 6.85 07/09/22 CNY 30.74 JINGMEN CITY CONSTRUCTI 7.00 10/17/20 CNY 20.00 JINGMEN CITY CONSTRUCTI 7.00 10/17/20 CNY 18.57 JINGMEN HIGH-TECH DEVEL 4.15 07/28/23 CNY 59.27 JINGMEN HIGH-TECH DEVEL 4.15 07/28/23 CNY 58.33 JINGMEN HIGH-TECH DEVEL 5.48 08/11/22 CNY 40.73 JINGMEN HIGH-TECH DEVEL 5.48 08/11/22 CNY 39.80 JINGSHAN JINGCHENG INVE 4.38 08/29/23 CNY 60.07 JINGSHAN JINGCHENG INVE 4.38 08/29/23 CNY 59.33 JINGZHOU DEVELOPMENT ZO 8.20 12/09/20 CNY 20.14 JINGZHOU DEVELOPMENT ZO 8.20 12/09/20 CNY 20.10 JINGZHOU URBAN CONSTRUC 3.97 03/10/23 CNY 60.14 JINGZHOU URBAN CONSTRUC 3.97 03/10/23 CNY 60.07 JINHU COUNTY STATE-OWNE 4.00 07/26/22 CNY 50.16 JINHU COUNTY STATE-OWNE 4.00 07/26/22 CNY 50.15 JINHU COUNTY STATE-OWNE 7.75 08/25/21 CNY 21.33 JINHU COUNTY STATE-OWNE 7.75 08/25/21 CNY 20.47 JINING CITY SHIZHONG DI 3.52 09/14/23 CNY 59.19 JINING CITY SHIZHONG DI 6.39 01/29/22 CNY 44.44 JINING CITY SHIZHONG DI 6.39 01/29/22 CNY 40.57 JINING HIGH TECH URBAN 6.09 04/30/22 CNY 41.50 JINING HIGH TECH URBAN 6.09 04/30/22 CNY 40.90 JINSHA COUNTY CONSTRUCT 6.01 09/05/23 CNY 58.81 JINSHA COUNTY CONSTRUCT 6.01 09/05/23 CNY 58.81 JINTANG MODERN AGRICULT 5.49 07/14/23 CNY 58.83 JINTANG MODERN AGRICULT 5.49 07/14/23 CNY 57.88 JINZHAI URBAN DEVELOPME 5.90 04/25/23 CNY 61.10 JINZHAI URBAN DEVELOPME 5.90 04/25/23 CNY 60.77 JINZHOU CITY INVESTMENT 6.44 08/18/21 CNY 24.91 JINZHOU CITY INVESTMENT 8.50 12/27/20 CNY 20.60 JINZHOU CITY INVESTMENT 6.44 08/18/21 CNY 20.19 JINZHOU CITY INVESTMENT 8.50 12/27/20 CNY 20.12 JINZHOU HUAXING INVESTM 8.38 02/25/21 CNY 25.00 JINZHOU HUAXING INVESTM 9.10 01/21/21 CNY 20.90 JINZHOU HUAXING INVESTM 8.38 02/25/21 CNY 20.18 JINZHOU HUAXING INVESTM 9.10 01/21/21 CNY 20.16 JISHOU HUATAI STATE OWN 7.18 02/09/22 CNY 42.82 JISHOU HUATAI STATE OWN 7.18 02/09/22 CNY 40.36 JIUJIANG CITY CONSTRUCT 5.50 05/22/22 CNY 40.80 JIUJIANG CITY CONSTRUCT 5.50 05/22/22 CNY 39.55 JIUJIANG LAND INVESTMEN 6.20 03/23/22 CNY 40.77 JIUJIANG LAND INVESTMEN 6.20 03/23/22 CNY 40.36 JIUJIANG LIANXI DISTRIC 4.58 03/30/23 CNY 59.76 JIUJIANG LIANXI DISTRIC 4.58 03/30/23 CNY 59.67 JIUQUAN ECONOMIC DEVELO 7.40 02/26/21 CNY 20.60 JIUQUAN ECONOMIC DEVELO 7.40 02/26/21 CNY 20.24 JIXI STATE OWN ASSET MA 6.87 01/19/22 CNY 40.85 JIXI STATE OWN ASSET MA 6.87 01/19/22 CNY 40.08 KAIFENG URBAN OPERATION 6.35 03/23/22 CNY 40.11 KAIFENG URBAN OPERATION 6.35 03/23/22 CNY 40.11 KAIFU CITY DEVELOPMENT 4.20 01/21/23 CNY 60.08 KAIFU CITY DEVELOPMENT 3.73 08/22/23 CNY 59.49 KAIFU CITY DEVELOPMENT 3.73 08/22/23 CNY 59.42 KAILI GUIZHOU TOWN CONS 5.29 12/17/22 CNY 60.00 KAILI GUIZHOU TOWN CONS 5.29 12/17/22 CNY 58.50 KANGMEI PHARMACEUTICAL 6.33 01/27/22 CNY 36.69 KANGMEI PHARMACEUTICAL 5.47 09/15/22 CNY 21.25 KANGMEI PHARMACEUTICAL 5.29 08/16/22 CNY 21.25 KANGMEI PHARMACEUTICAL 5.20 07/17/22 CNY 21.25 KANGMEI PHARMACEUTICAL 6.80 06/28/21 CNY 21.25 KANGMEI PHARMACEUTICAL 7.00 06/21/21 CNY 21.25 KANGMEI PHARMACEUTICAL 5.50 04/20/21 CNY 21.25 KANGMEI PHARMACEUTICAL 6.10 03/28/21 CNY 21.25 KANGMEI PHARMACEUTICAL 6.28 03/20/21 CNY 21.25 KASHI URBAN CONSTRUCTIO 5.80 07/20/22 CNY 40.76 KASHI URBAN CONSTRUCTIO 5.80 07/20/22 CNY 40.00 KUNMING DONGJUN REAL ES 4.50 11/02/21 CNY 49.50 KUNSHAN COMMUNICATION D 6.95 05/22/21 CNY 25.45 KUNSHAN COMMUNICATION D 6.95 05/22/21 CNY 20.26 KUNSHAN HIGH TECHNOLOGY 7.10 03/26/21 CNY 20.29 KUNSHAN HIGH TECHNOLOGY 7.10 03/26/21 CNY 19.90 LAIWU CITY ECONOMIC DEV 7.08 02/28/21 CNY 20.60 LAIWU CITY ECONOMIC DEV 7.08 02/28/21 CNY 20.19 LANZHOU STATE OWNED ASS 6.32 09/10/21 CNY 20.06 LANZHOU STATE OWNED ASS 6.32 09/10/21 CNY 14.90 LAOHEKOU CITY CONSTRUCT 6.75 08/12/22 CNY 40.47 LAOHEKOU CITY CONSTRUCT 6.75 08/12/22 CNY 40.42 LEIYANG CITY AND RURAL 7.80 04/10/22 CNY 41.38 LEIYANG CITY AND RURAL 7.80 04/10/22 CNY 41.35 LEQING CITY STATE OWNED 5.99 10/20/21 CNY 40.85 LEQING CITY STATE OWNED 5.99 10/20/21 CNY 40.50 LESHAN STATE-OWNED ASSE 5.68 10/22/21 CNY 40.44 LESHAN STATE-OWNED ASSE 5.68 10/22/21 CNY 40.00 LIANYUNGANG TRANSPORT G 5.47 11/17/21 CNY 45.00 LIANYUNGANG TRANSPORT G 5.47 11/17/21 CNY 40.43 LIAOCHENG ANTAI URBAN R 5.16 04/11/23 CNY 60.18 LIAOCHENG ANTAI URBAN R 5.16 04/11/23 CNY 60.10 LIAOCHENG ANTAI URBAN R 4.58 04/11/23 CNY 59.88 LIAOCHENG ANTAI URBAN R 4.58 04/11/23 CNY 59.73 LIAOCHENG XINGYE ECONOM 5.20 04/13/23 CNY 60.81 LIAOCHENG XINGYE ECONOM 5.20 04/13/23 CNY 57.91 LIAONING COASTAL ECONOM 8.90 04/01/21 CNY 11.12 LIAONING COASTAL ECONOM 8.90 04/01/21 CNY 3.63 LIAONING YAODU DEVELOPM 6.50 04/29/23 CNY 60.64 LILING HIGH-TECH INDUST 4.93 01/19/23 CNY 59.36 LILING HIGH-TECH INDUST 4.93 01/19/23 CNY 59.23 LINFEN YAODU DISTRICT I 7.19 03/13/22 CNY 40.56 LINFEN YAODU DISTRICT I 7.19 03/13/22 CNY 40.49 LISHUI CITY CONSTRUCTIO 5.67 08/13/22 CNY 40.95 LISHUI CITY CONSTRUCTIO 5.67 08/13/22 CNY 40.55 LIUPANSHUI DEVELOPMENT 3.74 01/20/23 CNY 59.65 LIUPANSHUI MINSHENG INV 5.08 01/29/23 CNY 59.13 LIUPANSHUI MINSHENG INV 5.08 01/29/23 CNY 59.04 LIUYANG MODERN MANUFACT 4.72 01/19/23 CNY 59.46 LIUYANG MODERN MANUFACT 4.72 01/19/23 CNY 59.09 LIUYANG NEW INDUSTRIAL 4.43 10/23/22 CNY 60.30 LIUYANG NEW INDUSTRIAL 4.43 10/23/22 CNY 60.09 LIUYANG URBAN CONSTRUCT 4.45 05/24/23 CNY 60.65 LIUYANG URBAN CONSTRUCT 4.45 05/24/23 CNY 60.41 LIUYANG URBAN CONSTRUCT 6.98 08/22/21 CNY 20.60 LIUYANG URBAN CONSTRUCT 6.98 08/22/21 CNY 20.50 LIUZHOU CITY INVESTMENT 7.18 12/31/22 CNY 46.09 LIUZHOU DONGTONG INVEST 4.45 07/22/23 CNY 58.04 LIUZHOU DONGTONG INVEST 4.45 07/22/23 CNY 58.02 LIUZHOU INVESTMENT HOLD 4.28 03/08/23 CNY 59.60 LIUZHOU INVESTMENT HOLD 4.28 03/08/23 CNY 59.49 LIUZHOU LONGJIAN INVEST 8.28 04/30/24 CNY 63.05 LIUZHOU LONGJIAN INVEST 8.28 04/30/24 CNY 60.22 LIYANG KUNLUN URBAN CON 5.90 10/24/21 CNY 40.34 LIYANG KUNLUN URBAN CON 5.90 10/24/21 CNY 38.00 LONGHAI STATE-OWNED ASS 6.58 08/15/21 CNY 20.31 LONGYAN RAILWAY CONSTRU 4.98 04/13/23 CNY 59.94 LONGYAN RAILWAY CONSTRU 4.98 04/13/23 CNY 59.19 LOUDI CITY CONSTRUCTION 7.95 04/15/21 CNY 30.31 LOUDI CITY CONSTRUCTION 7.95 04/15/21 CNY 20.37 LOUDI TIDU INVESTMENT D 4.83 01/20/23 CNY 59.81 LOUDI TIDU INVESTMENT D 4.83 01/20/23 CNY 59.69 LOUDI TIDU INVESTMENT D 7.18 08/27/21 CNY 20.30 LOUDI TIDU INVESTMENT D 7.18 08/27/21 CNY 20.00 LOUDI WANBAO NEW DISTRI 5.13 02/01/23 CNY 59.53 LOUDI WANBAO NEW DISTRI 5.13 02/01/23 CNY 59.35 LOUDI WANBAO NEW DISTRI 4.42 08/01/23 CNY 58.51 LOUDI WANBAO NEW DISTRI 4.42 08/01/23 CNY 58.46 LU'AN CITY CONSTRUCTION 5.05 04/26/21 CNY 50.43 LU'AN CITY CONSTRUCTION 3.97 02/22/21 CNY 50.13 LUJIANG CITY CONSTRUCTI 6.70 04/16/22 CNY 40.99 LUJIANG CITY CONSTRUCTI 6.70 04/16/22 CNY 40.00 LUOYANG CITY COUNTRY CO 4.28 04/26/23 CNY 60.42 LUOYANG CITY DEVELOPMEN 4.47 12/02/22 CNY 60.50 LUOYANG CITY DEVELOPMEN 4.47 12/02/22 CNY 60.00 LUZHOU FUYANG INVESTMEN 5.00 08/11/23 CNY 60.10 LUZHOU FUYANG INVESTMEN 5.00 08/11/23 CNY 58.90 LUZHOU XINGLU INVESTMEN 6.41 04/23/25 CNY 74.21 LUZHOU XINGLU INVESTMEN 6.41 04/23/25 CNY 70.00 LUZHOU XINGYANG INVESTM 4.87 01/28/23 CNY 59.68 LUZHOU XINGYANG INVESTM 4.87 01/28/23 CNY 59.66 MA'ANSHAN CIHU HIGH TEC 6.85 09/09/21 CNY 23.00 MA'ANSHAN CIHU HIGH TEC 6.85 09/09/21 CNY 20.40 MAANSHAN ECONOMIC TECHN 6.49 03/06/22 CNY 44.99 MAANSHAN ECONOMIC TECHN 6.49 03/06/22 CNY 40.39 MAANSHAN HUASHAN DISTRI 6.07 04/20/22 CNY 40.99 MAANSHAN SOUTHERN INDUS 4.43 09/02/23 CNY 58.98 MAANSHAN SOUTHERN INDUS 4.43 09/02/23 CNY 58.47 MAANSHAN SOUTHERN INDUS 4.53 07/25/23 CNY 58.32 MAANSHAN SOUTHERN INDUS 4.53 07/25/23 CNY 57.98 MEISHAN ASSET MANAGEMEN 7.84 02/26/21 CNY 20.29 MEISHAN ASSET MANAGEMEN 7.84 02/26/21 CNY 20.24 MEISHAN CITY DONGPO DEV 5.90 06/30/23 CNY 59.18 MEISHAN CITY DONGPO DEV 5.90 06/30/23 CNY 58.90 MEISHAN HONGDA CONSTRUC 4.18 03/28/23 CNY 59.28 MEISHAN HONGDA CONSTRUC 4.18 03/28/23 CNY 59.11 MEIZHOU CITY XIN JIN YE 6.02 04/22/22 CNY 45.32 MEIZHOU CITY XIN JIN YE 6.02 04/22/22 CNY 40.74 MEIZHOU MEI COUNTY DIST 5.00 12/30/22 CNY 60.38 MEIZHOU MEI COUNTY DIST 5.00 12/30/22 CNY 60.00 MUDANJIANG AREA URBAN D 6.48 06/30/22 CNY 45.00 MUDANJIANG AREA URBAN D 6.48 06/30/22 CNY 41.17 MUDANJIANG STATE-OWNED 7.70 04/14/21 CNY 20.18 MUDANJIANG STATE-OWNED 7.70 04/14/21 CNY 20.17 MUNICIPALITY OF SHENZHE 3.00 03/29/22 CNY 60.00 MUNICIPALITY OF SHENZHE 3.00 03/29/22 CNY 60.00 NANCHANG ECONOMY TECHNO 3.83 09/22/23 CNY 59.95 NANCHANG ECONOMY TECHNO 3.83 09/22/23 CNY 59.50 NANCHONG AIRPORT INVEST 6.80 01/26/22 CNY 40.25 NANCHONG AIRPORT INVEST 6.80 01/26/22 CNY 40.24 NANCHONG ECONOMIC DEVEL 8.28 04/21/21 CNY 31.20 NANCHONG ECONOMIC DEVEL 8.28 04/21/21 CNY 20.36 NANJING BAIXIA STATE-OW 3.98 03/29/23 CNY 60.18 NANJING BAIXIA STATE-OW 3.98 03/29/23 CNY 60.15 NANJING HEXI NEW TOWN A 3.47 06/17/21 CNY 40.07 NANJING HEXI NEW TOWN A 3.20 07/22/21 CNY 39.90 NANJING JIANGNING ECONO 7.94 04/14/24 CNY 64.99 NANJING JIANGNING ECONO 7.94 04/14/24 CNY 64.30 NANJING JIANYE SCIENCE 4.37 06/24/23 CNY 60.44 NANJING JIANYE SCIENCE 4.37 06/24/23 CNY 60.14 NANJING LISHUI ECONOMIC 6.27 09/22/21 CNY 21.29 NANJING LISHUI ECONOMIC 6.27 09/22/21 CNY 20.48 NANJING LISHUI URBAN CO 4.97 04/28/23 CNY 60.94 NANJING LISHUI URBAN CO 4.97 04/28/23 CNY 60.80 NANJING METRO GROUP CO 3.29 08/29/23 CNY 59.71 NANJING QIXIA STATE-OWN 4.10 06/24/23 CNY 60.24 NANJING QIXIA STATE-OWN 4.10 06/24/23 CNY 60.15 NANJING STATE OWNED ASS 5.60 03/06/23 CNY 46.19 NANJING STATE OWNED ASS 5.60 03/06/23 CNY 45.91 NANJING TANGSHAN CONSTR 6.80 06/30/21 CNY 26.80 NANJING TANGSHAN CONSTR 6.80 06/30/21 CNY 20.45 NANNING HI-TECH INDUSTR 4.28 03/25/23 CNY 58.93 NANNING HI-TECH INDUSTR 4.28 03/25/23 CNY 55.20 NANNING LVGANG CONSTRUC 7.30 06/27/21 CNY 24.80 NANNING LVGANG CONSTRUC 7.30 06/27/21 CNY 20.29 NANPING CITY WUYI NEW D 4.96 09/28/22 CNY 40.60 NANPING CITY WUYI NEW D 4.96 09/28/22 CNY 40.34 NANTONG CHONGCHUAN URBA 5.70 07/21/22 CNY 71.73 NANTONG CHONGCHUAN URBA 5.70 07/21/22 CNY 70.00 NANTONG CHONGCHUAN URBA 7.15 04/18/21 CNY 25.40 NANTONG CHONGCHUAN URBA 7.15 04/18/21 CNY 20.33 NANTONG CITY GANGZHA DI 3.80 09/06/21 CNY 40.01 NANTONG CITY GANGZHA DI 3.80 09/06/21 CNY 39.68 NANTONG CITY TONGZHOU D 3.75 07/07/23 CNY 59.51 NANTONG HIGH TECHNOLOGY 5.00 10/19/22 CNY 61.52 NANTONG HIGH TECHNOLOGY 5.00 10/19/22 CNY 60.78 NANTONG SUTONG SCIENCE 6.20 03/18/22 CNY 40.84 NANTONG SUTONG SCIENCE 6.20 03/18/22 CNY 40.00 NANYANG HIGH-TECH DISTR 6.45 04/29/23 CNY 61.46 NANYANG HIGH-TECH DISTR 6.45 04/29/23 CNY 60.78 NANYANG INVESTMENT GROU 7.05 10/24/20 CNY 20.17 NANYANG INVESTMENT GROU 7.05 10/24/20 CNY 20.03 NEIJIANG CITY XINGYUAN 4.28 08/16/23 CNY 58.37 NEIJIANG CITY XINGYUAN 4.28 08/16/23 CNY 57.59 NEIJIANG INVESTMENT HOL 7.99 04/24/21 CNY 28.53 NEIJIANG INVESTMENT HOL 7.99 04/24/21 CNY 20.16 NEIJIANG STATE-OWNED AS 6.20 04/12/23 CNY 59.15 NEIJIANG STATE-OWNED AS 6.20 04/12/23 CNY 58.71 NEIJINAG CONSTRUCTION E 5.03 12/25/22 CNY 59.64 NEIJINAG CONSTRUCTION E 5.03 12/25/22 CNY 56.36 NEOGLORY HOLDING GROUP 8.10 11/23/18 CNY 72.00 NEOGLORY HOLDING GROUP 8.00 09/25/20 CNY 60.00 NEOGLORY HOLDING GROUP 8.00 10/22/20 CNY 56.00 NINGBO CITY HAISHU GUAN 7.75 03/06/21 CNY 26.30 NINGBO CITY HAISHU GUAN 7.75 03/06/21 CNY 20.26 NINGBO CITY ZHENHAI INV 5.85 12/04/21 CNY 40.47 NINGBO CITY ZHENHAI INV 5.85 12/04/21 CNY 40.46 NINGBO ECONOMIC & TECHN 7.09 04/21/21 CNY 29.00 NINGBO ECONOMIC & TECHN 7.09 04/21/21 CNY 20.32 NINGBO MEISHAN ISLAND D 6.27 03/23/22 CNY 48.29 NINGBO MEISHAN ISLAND D 6.27 03/23/22 CNY 40.91 NINGGUO CITY STATE OWNE 8.70 04/28/21 CNY 20.56 NINGGUO CITY STATE OWNE 8.70 04/28/21 CNY 20.00 NINGHAI COUNTY URBAN IN 8.00 01/02/21 CNY 25.00 NINGHAI COUNTY URBAN IN 7.99 04/16/21 CNY 20.70 NINGHAI COUNTY URBAN IN 7.99 04/16/21 CNY 20.48 NINGHAI COUNTY URBAN IN 8.00 01/02/21 CNY 20.18 NINGXIANG CITY CONSTRUC 6.70 01/20/22 CNY 40.76 NINGXIANG CITY CONSTRUC 6.70 01/20/22 CNY 40.20 NINGXIANG ECONOMIC TECH 3.87 01/27/23 CNY 59.98 NINGXIANG ECONOMIC TECH 3.87 01/27/23 CNY 59.50 NINGXIANG ECONOMIC TECH 8.20 04/16/21 CNY 20.36 NINGXIANG STATE-OWNED A 4.89 06/03/23 CNY 59.62 NINGXIANG STATE-OWNED A 4.89 06/03/23 CNY 58.98 ONE BELT ONE ROAD JIANG 4.70 07/15/23 CNY 60.36 ONE BELT ONE ROAD JIANG 4.70 07/15/23 CNY 60.27 PANJIN CITY SHUANGTAIZI 7.25 01/22/22 CNY 40.76 PANJIN CITY SHUANGTAIZI 7.25 01/22/22 CNY 40.28 PANSHAN COUNTY STATE-OW 7.48 01/21/22 CNY 40.50 PANSHAN COUNTY STATE-OW 7.48 01/21/22 CNY 40.50 PANZHIHUA STATE OWNED A 8.18 03/13/22 CNY 41.30 PANZHIHUA STATE OWNED A 8.18 03/13/22 CNY 41.20 PANZHIHUA STATE OWNED A 7.60 03/05/21 CNY 20.32 PANZHIHUA STATE OWNED A 7.60 03/05/21 CNY 20.19 PEIXIAN CITY INVESTMENT 5.20 11/10/22 CNY 60.00 PEIXIAN CITY INVESTMENT 5.20 11/10/22 CNY 59.91 PEKING UNIVERSITY FOUND 6.30 03/04/24 CNY 11.00 PEKING UNIVERSITY FOUND 6.50 11/16/23 CNY 11.00 PEKING UNIVERSITY FOUND 6.68 08/09/23 CNY 11.00 PEKING UNIVERSITY FOUND 5.80 01/28/22 CNY 11.00 PEKING UNIVERSITY FOUND 5.99 11/02/21 CNY 11.00 PEKING UNIVERSITY FOUND 6.10 08/22/21 CNY 11.00 PEKING UNIVERSITY FOUND 4.80 07/26/21 CNY 11.00 PEKING UNIVERSITY FOUND 6.30 09/12/20 CNY 11.00 PEKING UNIVERSITY FOUND 6.15 07/23/20 CNY 11.00 PEKING UNIVERSITY FOUND 6.20 05/31/20 CNY 11.00 PINGHU CITY INVESTMENT 5.13 04/29/23 CNY 60.85 PINGHU CITY INVESTMENT 5.13 04/29/23 CNY 60.75 PINGHU ECONOMIC DEVELOP 7.99 04/17/21 CNY 20.22 PINGLIANG CULTURAL & TO 6.85 11/30/22 CNY 60.54 PINGLIANG CULTURAL & TO 6.85 11/30/22 CNY 60.00 PINGTAN COMPREHENSIVE P 3.92 01/29/23 CNY 60.15 PINGXIANG CHANGXING INV 5.26 04/11/23 CNY 59.48 PINGXIANG CHANGXING INV 5.26 04/11/23 CNY 59.44 PINGXIANG HUIFENG INVES 6.60 01/26/22 CNY 40.54 PINGXIANG HUIFENG INVES 6.60 01/26/22 CNY 40.12 PINGYANG STATE-OWNED AS 4.97 01/08/23 CNY 60.18 PINGYANG STATE-OWNED AS 4.97 01/08/23 CNY 60.00 PIZHOU CITY HENGRUN INV 6.46 12/05/21 CNY 42.46 PIZHOU CITY HENGRUN INV 6.46 12/05/21 CNY 40.33 PIZHOU ECONOMIC DEVELOP 5.00 10/29/22 CNY 60.00 PIZHOU ECONOMIC DEVELOP 5.00 10/29/22 CNY 59.54 PIZHOU RUNCAI ASSET MAN 5.90 12/18/20 CNY 50.09 PUTIAN HIGH TECHNOLOGY 5.90 05/03/22 CNY 49.91 PUTIAN HIGH TECHNOLOGY 5.90 05/03/22 CNY 49.72 PUYANG INVESTMENT GROUP 8.00 12/11/20 CNY 20.13 PUYANG INVESTMENT GROUP 8.00 12/11/20 CNY 20.00 QIANAN URBAN CONSTRUCTI 7.19 08/11/21 CNY 20.52 QIANAN URBAN CONSTRUCTI 8.88 01/23/21 CNY 20.23 QIANAN URBAN CONSTRUCTI 7.19 08/11/21 CNY 20.00 QIANAN URBAN CONSTRUCTI 8.88 01/23/21 CNY 20.00 QIANAN XINGYUAN WATER I 6.25 04/22/22 CNY 46.90 QIANAN XINGYUAN WATER I 6.25 04/22/22 CNY 40.82 QIANDONGNAN TRANSPORTAT 5.79 12/21/22 CNY 57.68 QIANDONGNAN TRANSPORTAT 5.79 12/21/22 CNY 57.23 QIANDONGNANZHOU KAIHONG 5.30 09/22/26 CNY 74.47 QIANDONGNANZHOU KAIHONG 5.30 09/22/26 CNY 68.02 QIANJIANG URBAN CONSTRU 5.19 12/21/22 CNY 61.28 QIANJIANG URBAN CONSTRU 5.19 12/21/22 CNY 60.00 QIANJIANG URBAN CONSTRU 8.38 04/22/21 CNY 20.52 QIANJIANG URBAN CONSTRU 8.38 04/22/21 CNY 20.39 QIANNANZHOU INVESTMENT 6.43 03/09/22 CNY 38.65 QIANNANZHOU INVESTMENT 6.43 03/09/22 CNY 38.50 QIANXINAN AUTONOMOUS RE 5.90 06/22/23 CNY 59.48 QIANXINAN AUTONOMOUS RE 5.90 06/22/23 CNY 59.12 QIDONG COMMUNICATIONS I 4.00 03/18/23 CNY 59.94 QIDONG STATE-OWNED ASSE 4.00 03/09/23 CNY 60.16 QIDONG STATE-OWNED ASSE 4.00 03/09/23 CNY 59.30 QIDONG STATE-OWNED ASSE 7.30 11/20/22 CNY 46.48 QIDONG URBAN CONSTRUCTI 8.20 04/04/21 CNY 20.46 QIDONG URBAN CONSTRUCTI 7.90 04/28/21 CNY 20.34 QIDONG URBAN CONSTRUCTI 8.20 04/04/21 CNY 20.33 QIHE CITY OPERATION CON 5.10 03/07/23 CNY 60.14 QIHE CITY OPERATION CON 5.10 03/07/23 CNY 60.13 QINGDAO CHANGYANG INVES 3.73 09/12/23 CNY 59.70 QINGDAO CHANGYANG INVES 3.73 09/12/23 CNY 59.69 QINGDAO CONSON DEVELOPM 6.40 12/12/22 CNY 46.33 QINGDAO CONSON DEVELOPM 6.40 12/12/22 CNY 46.30 QINGDAO HICREAT DEVELOP 6.88 04/25/21 CNY 21.13 QINGDAO HICREAT DEVELOP 6.88 04/25/21 CNY 20.21 QINGDAO JIAOZHOU BAY DE 6.33 09/18/21 CNY 21.30 QINGDAO JIAOZHOU BAY DE 6.33 09/18/21 CNY 20.51 QINGDAO JIMO CITY TOURI 5.47 11/17/21 CNY 41.00 QINGDAO JIMO CITY TOURI 5.47 11/17/21 CNY 40.37 QINGDAO LAIXI CITY ASSE 7.50 03/06/21 CNY 28.79 QINGDAO LAIXI CITY ASSE 7.50 03/06/21 CNY 20.18 QINGDAO OCEAN INVESTMEN 4.36 05/12/23 CNY 60.61 QINGDAO OCEAN INVESTMEN 4.36 05/12/23 CNY 59.56 QINGDAO WEST COAST DEVE 4.26 06/06/23 CNY 60.45 QINGDAO WEST COAST DEVE 4.26 06/06/23 CNY 59.94 QINGHAI PROVINCIAL INVE 6.40 07/10/21 USD 35.56 QINGHAI PROVINCIAL INVE 7.88 03/22/21 USD 34.93 QINGHAI STATE-OWNED ASS 5.90 12/17/22 CNY 45.00 QINGHAI STATE-OWNED ASS 5.40 05/21/23 CNY 42.50 QINGYANG CITY ECONOMIC 7.98 04/16/21 CNY 20.21 QINGYANG CITY ECONOMIC 7.98 04/16/21 CNY 20.20 QINGYUAN TRANSPORTATION 8.20 12/19/20 CNY 20.14 QINGZHOU HONGYUAN PUBLI 7.59 05/29/21 CNY 20.29 QINHUANGDAO CITY DEVELO 4.69 04/14/23 CNY 60.59 QINHUANGDAO CITY DEVELO 4.69 04/14/23 CNY 58.97 QINHUANGDAO DEVELOPMENT 4.07 08/26/23 CNY 58.09 QINHUANGDAO DEVELOPMENT 4.07 08/26/23 CNY 57.69 QINHUANGDAO DEVELOPMENT 8.45 04/18/21 CNY 21.28 QINHUANGDAO DEVELOPMENT 8.45 04/18/21 CNY 20.26 QINHUANGDAO DEVELOPMENT 8.00 12/17/20 CNY 20.08 QINHUANGDAO DEVELOPMENT 8.00 12/17/20 CNY 20.00 QINZHOU BINHAI NEW CITY 6.99 07/07/21 CNY 20.28 QINZHOU BINHAI NEW CITY 6.99 07/07/21 CNY 20.00 QIONGLAI CITY CONSTRUCT 6.98 03/25/22 CNY 40.80 QIONGLAI CITY CONSTRUCT 6.98 03/25/22 CNY 40.72 QUANJIAO URBAN INFRASTR 5.10 05/18/23 CNY 59.28 QUANJIAO URBAN INFRASTR 5.10 05/18/23 CNY 59.26 QUJING CITY QILIN DISTR 5.37 11/26/22 CNY 61.95 QUJING CITY QILIN DISTR 5.37 11/26/22 CNY 59.40 QUJING DEVELOPMENT INVE 7.48 04/28/21 CNY 22.55 QUJING DEVELOPMENT INVE 7.48 04/28/21 CNY 20.21 QUJING ECO TECH DEVELOP 5.75 06/01/23 CNY 59.88 QUJING ECO TECH DEVELOP 5.75 06/01/23 CNY 59.75 QUJING ECO TECH DEVELOP 7.48 07/21/21 CNY 20.38 QUZHOU STATE OWNED ASSE 7.20 04/21/21 CNY 23.42 QUZHOU STATE OWNED ASSE 7.20 04/21/21 CNY 20.42 RENHUAI CITY DEVELOPMEN 5.12 04/14/23 CNY 59.04 RENHUAI CITY DEVELOPMEN 5.12 04/14/23 CNY 59.01 RENHUAI CITY DEVELOPMEN 8.09 05/16/21 CNY 20.49 RENHUAI CITY DEVELOPMEN 8.09 05/16/21 CNY 20.47 RENQIU CONSTRUCTION INV 5.68 11/18/22 CNY 60.64 RENQIU CONSTRUCTION INV 5.68 11/18/22 CNY 58.22 RENSHOU DEVELOPMENT OF 6.42 12/22/22 CNY 61.05 RENSHOU DEVELOPMENT OF 6.42 12/22/22 CNY 60.00 REWARD SCIENCE AND TECH 6.40 03/03/22 CNY 70.00 REWARD SCIENCE AND TECH 5.53 07/05/21 CNY 29.10 RIGHT WAY REAL ESTATE D 8.00 07/15/21 CNY 43.89 RIZHAO CITY CONSTRUCTIO 3.98 12/07/22 CNY 60.46 RIZHAO CITY CONSTRUCTIO 3.98 12/07/22 CNY 59.60 RUDONG COUNTY DONGTAI S 6.99 06/20/21 CNY 25.90 RUDONG COUNTY DONGTAI S 6.99 06/20/21 CNY 20.40 RUDONG COUNTY JINXIN TR 3.80 07/26/23 CNY 59.82 RUDONG COUNTY JINXIN TR 3.80 07/26/23 CNY 59.79 RUDONG COUNTY JINXIN TR 4.57 07/26/23 CNY 59.75 RUDONG COUNTY JINXIN TR 4.57 07/26/23 CNY 59.19 RUDONG COUNTY JINXIN TR 8.08 03/03/21 CNY 24.03 RUDONG COUNTY JINXIN TR 8.08 03/03/21 CNY 20.25 RUDONG COUNTY KAITAI CI 4.57 01/08/23 CNY 60.31 RUDONG NEW WORLD INVEST 4.37 07/18/23 CNY 59.49 RUDONG NEW WORLD INVEST 4.37 07/18/23 CNY 58.46 RUGAO COMMUNICATIONS CO 3.74 03/23/23 CNY 59.94 RUGAO COMMUNICATIONS CO 3.74 03/23/23 CNY 59.80 RUGAO ECONOMIC & TRADE 3.95 03/24/23 CNY 60.07 RUGAO ECONOMIC & TRADE 3.95 03/24/23 CNY 59.97 RUGAO ECONOMIC & TRADE 8.30 01/22/21 CNY 29.00 RUGAO ECONOMIC & TRADE 8.30 01/22/21 CNY 20.24 RUGAO YANJIANG DEVELOPM 8.60 01/24/21 CNY 20.93 RUGAO YANJIANG DEVELOPM 8.60 01/24/21 CNY 20.25 RUIAN STATE OWNED ASSET 4.56 01/27/23 CNY 60.66 RUIAN STATE OWNED ASSET 4.56 01/27/23 CNY 58.96 RUICHANG CITY INVESTMEN 5.50 06/17/23 CNY 61.17 RUICHANG CITY INVESTMEN 5.50 06/17/23 CNY 61.16 RUICHANG CITY INVESTMEN 5.68 03/25/23 CNY 61.15 RUICHANG CITY INVESTMEN 5.68 03/25/23 CNY 61.14 RUIJIN URBAN DEVELOPMEN 4.13 09/06/23 CNY 58.77 RUIJIN URBAN DEVELOPMEN 4.13 09/06/23 CNY 58.68 RUZHOU CITY XINYUAN INV 4.43 09/26/23 CNY 56.27 RUZHOU CITY XINYUAN INV 4.43 09/26/23 CNY 55.96 RUZHOU CITY XINYUAN INV 6.30 09/16/21 CNY 25.34 SANMEN COUNTY STATE-OWN 6.80 03/18/22 CNY 40.96 SANMEN COUNTY STATE-OWN 6.85 10/29/21 CNY 40.62 SANMEN COUNTY STATE-OWN 6.80 03/18/22 CNY 40.00 SANMEN COUNTY STATE-OWN 6.85 10/29/21 CNY 40.00 SANMING TRANSPORTATION 3.68 03/29/23 CNY 59.76 SANMING TRANSPORTATION 3.68 03/29/23 CNY 59.51 SHAANXI ANKANG HIGH TEC 8.78 09/17/21 CNY 27.00 SHAANXI ANKANG HIGH TEC 8.78 09/17/21 CNY 20.64 SHAANXI XIXIAN NEW AREA 6.85 08/15/21 CNY 25.50 SHAANXI XIXIAN NEW AREA 6.85 08/15/21 CNY 20.47 SHAANXI XIXIAN NEW AREA 6.89 01/05/22 CNY 43.10 SHAANXI XIXIAN NEW AREA 6.89 01/05/22 CNY 40.57 SHAANXI XIXIAN NEW AREA 5.15 11/27/22 CNY 61.01 SHAANXI XIXIAN NEW AREA 5.15 11/27/22 CNY 60.63 SHANDONG BORUN INDUSTRI 6.50 11/02/21 CNY 66.21 SHANDONG BOXING COUNTY 8.00 12/22/21 CNY 41.95 SHANDONG BOXING COUNTY 8.00 12/22/21 CNY 40.93 SHANDONG CENTURY SUNSHI 8.19 07/21/21 CNY 20.63 SHANDONG CENTURY SUNSHI 8.19 07/21/21 CNY 20.62 SHANDONG FUYU CHEMICAL 7.70 09/18/22 CNY 70.00 SHANDONG GAOCHUANG CONS 6.05 06/18/22 CNY 42.45 SHANDONG GAOCHUANG CONS 6.05 06/18/22 CNY 40.75 SHANDONG HONGHE HOLDING 8.50 06/23/21 CNY 24.00 SHANDONG HONGHE HOLDING 8.50 06/23/21 CNY 20.10 SHANDONG JINMAO TEXTILE 8.00 09/25/20 CNY 35.84 SHANDONG JINMAO TEXTILE 6.97 04/01/21 CNY 20.70 SHANDONG RENCHENG RONGX 7.30 10/18/20 CNY 23.40 SHANDONG RENCHENG RONGX 7.30 10/18/20 CNY 20.01 SHANDONG RUYI TECHNOLOG 7.90 09/18/23 CNY 52.10 SHANDONG SNTON GROUP CO 6.20 05/30/21 CNY 9.50 SHANDONG SNTON GROUP CO 5.18 09/08/21 CNY 8.52 SHANDONG TAIYANG INDUST 5.97 03/02/21 CNY 42.86 SHANDONG TENGJIAN INVES 6.00 06/08/22 CNY 40.45 SHANDONG TENGJIAN INVES 6.00 06/08/22 CNY 40.00 SHANDONG WANTONG PETROL 7.97 11/29/21 CNY 6.45 SHANGHAI CAOHEJING HI-T 7.24 04/09/21 CNY 20.32 SHANGHAI CAOHEJING HI-T 7.24 04/09/21 CNY 20.31 SHANGHAI JIADING ROAD C 6.80 04/23/21 CNY 20.75 SHANGHAI JIADING ROAD C 6.80 04/23/21 CNY 20.33 SHANGHAI LAKE DIANSHAN 5.95 01/30/21 CNY 25.13 SHANGHAI LAKE DIANSHAN 5.95 01/30/21 CNY 25.10 SHANGHAI MINHANG URBAN 5.63 04/20/22 CNY 40.79 SHANGHAI MINHANG URBAN 5.63 04/20/22 CNY 40.78 SHANGHAI MUNICIPAL INVE 4.80 11/05/24 CNY 71.38 SHANGHAI NANHUI URBAN C 6.04 08/20/21 CNY 20.44 SHANGHAI NANHUI URBAN C 6.04 08/20/21 CNY 20.30 SHANGHAI PUTAILAI NEW E 5.50 03/19/21 CNY 66.67 SHANGHAI URBAN CONSTRUC 3.50 01/06/23 CNY 61.07 SHANGHAI URBAN CONSTRUC 3.50 01/06/23 CNY 59.50 SHANGRAO CITY STATE-OWN 4.65 01/29/23 CNY 60.58 SHANGRAO CITY STATE-OWN 4.65 01/29/23 CNY 60.28 SHANTOU CITY CONSTRUCTI 8.57 03/23/22 CNY 31.42 SHANTOU CITY CONSTRUCTI 8.57 03/23/22 CNY 31.40 SHANTOU INVESTMENT HOLD 7.99 03/04/24 CNY 64.40 SHANTOU INVESTMENT HOLD 7.99 03/04/24 CNY 64.10 SHANXI INTERNATIONAL EL 5.88 05/24/22 CNY 61.00 SHANXI XIANG KUANG GROU 8.80 02/11/22 CNY 72.44 SHANXI XIANG KUANG GROU 8.80 02/11/22 CNY 54.50 SHAOWU URBAN CONSTRUCTI 5.88 09/11/22 CNY 43.39 SHAOWU URBAN CONSTRUCTI 5.88 09/11/22 CNY 40.15 SHAOXING CHENGZHONGCUN 6.09 04/27/22 CNY 40.83 SHAOXING CHENGZHONGCUN 6.09 04/27/22 CNY 40.30 SHAOXING CITY INVESTMEN 5.75 04/17/22 CNY 48.00 SHAOXING CITY INVESTMEN 5.75 04/17/22 CNY 40.88 SHAOXING CITY KEQIAO DI 6.40 08/20/21 CNY 20.48 SHAOXING CITY KEQIAO DI 6.40 08/20/21 CNY 20.35 SHAOXING JINGHU NEW DIS 6.13 04/30/22 CNY 40.76 SHAOXING JINGHU NEW DIS 6.13 04/30/22 CNY 40.70 SHAOXING KEQIAO CITY CO 3.64 09/19/23 CNY 59.28 SHAOXING KEQIAO CITY CO 3.64 09/19/23 CNY 58.86 SHAOXING KEQIAO ECONOMI 7.00 12/10/21 CNY 40.89 SHAOXING KEQIAO ECONOMI 7.00 12/10/21 CNY 40.00 SHAOXING KEYAN CONSTRUC 6.28 03/24/22 CNY 40.84 SHAOXING KEYAN CONSTRUC 6.28 03/24/22 CNY 40.00 SHAOXING PAOJIANG INDUS 6.98 05/29/21 CNY 23.90 SHAOXING PAOJIANG INDUS 6.98 05/29/21 CNY 20.37 SHAOXING SHANGYU ECONOM 4.76 04/11/23 CNY 60.93 SHAOXING SHANGYU ECONOM 4.76 04/11/23 CNY 60.27 SHAOXING SHANGYU HANGZH 6.95 10/11/20 CNY 20.55 SHAOXING SHANGYU HANGZH 6.95 10/11/20 CNY 20.00 SHAOXING SHANGYU URBAN 6.80 08/07/21 CNY 21.15 SHAOXING SHANGYU URBAN 6.80 08/07/21 CNY 20.56 SHAOYANG CITY CONSTRUCT 8.58 01/17/21 CNY 20.30 SHAOYANG CITY CONSTRUCT 8.58 01/17/21 CNY 20.17 SHAOYANG DULIANG INVEST 5.50 04/13/23 CNY 59.65 SHAOYANG DULIANG INVEST 5.50 04/13/23 CNY 58.65 SHENGZHOU INVESTMENT HO 7.60 07/17/21 CNY 20.60 SHENGZHOU INVESTMENT HO 7.60 07/17/21 CNY 20.59 SHENMU CITY STATE-OWNED 7.28 06/23/21 CNY 20.60 SHENMU CITY STATE-OWNED 7.28 06/23/21 CNY 20.36 SHENYANG DADONG STATE-O 6.05 03/20/22 CNY 40.55 SHENYANG DADONG STATE-O 6.05 03/20/22 CNY 40.00 SHENYANG ECONOMIC AFFOR 7.17 04/29/22 CNY 40.05 SHENYANG ECONOMIC AFFOR 7.17 04/29/22 CNY 31.87 SHENYANG TIEXI STATE-OW 6.00 01/14/22 CNY 47.50 SHENYANG TIEXI STATE-OW 6.00 01/14/22 CNY 40.47 SHENZHEN METRO GROUP CO 6.75 01/24/24 CNY 63.07 SHENZHEN METRO GROUP CO 5.40 03/25/23 CNY 46.15 SHENZHEN METRO GROUP CO 5.40 03/25/23 CNY 46.03 SHIJIAZHUANG HUTUO NEW 5.28 12/24/25 CNY 62.70 SHIJIAZHUANG HUTUO NEW 5.28 12/24/25 CNY 62.50 SHIJIAZHUANG STATE-OWNE 5.75 04/09/22 CNY 47.20 SHIJIAZHUANG STATE-OWNE 5.75 04/09/22 CNY 40.78 SHIJIAZHUANG URBAN CONS 6.55 03/09/21 CNY 40.51 SHISHI CITY CONSTRUCTIO 6.10 05/04/22 CNY 40.87 SHIYAN ECO DEVELOPMENT 3.98 08/05/23 CNY 59.57 SHIYAN ECO DEVELOPMENT 3.98 08/05/23 CNY 59.03 SHIYAN STATE-OWNED CAPI 6.88 10/11/20 CNY 20.68 SHIYAN STATE-OWNED CAPI 6.58 08/20/21 CNY 20.50 SHIYAN STATE-OWNED CAPI 6.58 08/20/21 CNY 20.00 SHIYAN STATE-OWNED CAPI 6.88 10/11/20 CNY 19.99 SHOUGUANG CITY CONSTRUC 7.10 10/18/20 CNY 22.87 SHOUGUANG CITY CONSTRUC 7.10 10/18/20 CNY 20.01 SHUCHENG COUNTY URBAN C 5.50 04/29/23 CNY 61.11 SHUCHENG COUNTY URBAN C 5.50 04/29/23 CNY 61.10 SHUYANG JINGYUAN ASSET 5.49 09/11/22 CNY 46.00 SHUYANG JINGYUAN ASSET 5.49 09/11/22 CNY 40.54 SHUYANG JINGYUAN ASSET 7.39 04/14/21 CNY 20.33 SHUYANG JINGYUAN ASSET 7.39 04/14/21 CNY 20.00 SICHUAN COAL GASIFICATI 7.00 04/18/23 CNY 60.49 SICHUAN COAL INDUSTRY G 7.70 01/09/18 CNY 45.00 SICHUAN LANGZHONG FAMOU 5.60 04/19/23 CNY 59.75 SICHUAN LANGZHONG FAMOU 5.60 04/19/23 CNY 59.56 SICHUAN LONGYANG TIANFU 5.45 05/27/23 CNY 60.31 SICHUAN LONGYANG TIANFU 5.45 05/27/23 CNY 60.16 SICHUAN NAXING INDUSTRI 4.68 03/31/23 CNY 59.00 SICHUAN NAXING INDUSTRI 4.68 03/31/23 CNY 58.79 SICHUAN NAXING INDUSTRI 6.80 08/18/22 CNY 50.67 SICHUAN NAXING INDUSTRI 6.80 08/18/22 CNY 50.66 SICHUAN NAXING INDUSTRI 7.17 09/11/21 CNY 20.44 SICHUAN NAXING INDUSTRI 7.17 09/11/21 CNY 20.32 SICHUAN TIANYIN INDUSTR 6.79 03/25/22 CNY 48.00 SICHUAN TIANYIN INDUSTR 6.79 03/25/22 CNY 40.64 SIHONG COUNTY HONG YUAN 6.15 03/16/22 CNY 40.59 SIHONG COUNTY HONG YUAN 6.15 03/16/22 CNY 40.00 SIHUI STATE OWNED ASSET 4.59 01/14/23 CNY 59.58 SIHUI STATE OWNED ASSET 4.59 01/14/23 CNY 59.11 SIYANG COUNTY MINKANG R 4.94 01/21/23 CNY 60.56 SIYANG COUNTY MINKANG R 4.94 01/21/23 CNY 60.01 SLENDER WEST LAKE TOURI 6.80 06/25/21 CNY 20.47 SLENDER WEST LAKE TOURI 6.80 06/25/21 CNY 20.00 SONGYUAN URBAN DEVELOPM 5.79 12/04/21 CNY 40.78 SONGYUAN URBAN DEVELOPM 5.79 12/04/21 CNY 39.98 SUINING CITY HEDONG DEV 8.36 04/17/21 CNY 27.82 SUINING CITY HEDONG DEV 8.36 04/17/21 CNY 20.39 SUINING COUNTY RUNQI IN 5.42 11/20/22 CNY 60.49 SUINING COUNTY RUNQI IN 5.42 11/20/22 CNY 60.00 SUINING COUNTY RUNQI IN 7.10 06/25/21 CNY 20.42 SUINING COUNTY RUNQI IN 7.10 06/25/21 CNY 20.30 SUINING FUYUAN INDUSTRY 6.39 03/17/22 CNY 44.18 SUINING FUYUAN INDUSTRY 6.39 03/17/22 CNY 40.82 SUINING KAIDA INVESTMEN 4.89 04/08/23 CNY 59.14 SUINING KAIDA INVESTMEN 4.89 04/08/23 CNY 58.64 SUINING KAIDA INVESTMEN 8.69 04/21/21 CNY 20.34 SUINING KAIDA INVESTMEN 8.69 04/21/21 CNY 20.00 SUIZHOU DEVELOPMENT INV 8.50 12/20/20 CNY 21.83 SUIZHOU DEVELOPMENT INV 8.40 04/30/21 CNY 20.71 SUIZHOU DEVELOPMENT INV 8.40 04/30/21 CNY 20.45 SUIZHOU DEVELOPMENT INV 8.50 12/20/20 CNY 20.17 SUIZHOU HIGH-TECH INDUS 4.47 03/25/23 CNY 58.84 SUIZHOU HIGH-TECH INDUS 4.47 03/25/23 CNY 58.81 SUIZHOU URBAN CONSTRUCT 7.18 09/02/21 CNY 21.20 SUIZHOU URBAN CONSTRUCT 7.18 09/02/21 CNY 20.58 SUIZHOU YULONG WATER SU 6.10 03/28/23 CNY 59.77 SUQIAN CITY CONSTRUCTIO 6.88 10/29/20 CNY 20.26 SUQIAN CITY CONSTRUCTIO 6.88 10/29/20 CNY 20.03 SUZHOU CITY CONSTRUCTIO 3.89 03/24/23 CNY 60.08 SUZHOU CITY CONSTRUCTIO 3.89 03/24/23 CNY 60.07 SUZHOU CITY HENGCHENG C 4.40 03/01/23 CNY 61.37 SUZHOU CITY HENGCHENG C 4.40 03/01/23 CNY 60.23 SUZHOU FENHU INVESTMENT 7.49 02/28/21 CNY 20.20 SUZHOU FENHU INVESTMENT 7.49 02/28/21 CNY 20.19 SUZHOU NEW & HIGH-TECH 4.18 03/23/23 CNY 59.55 SUZHOU NEW & HIGH-TECH 4.18 03/23/23 CNY 58.82 SUZHOU NEW DISTRICT ECO 6.20 07/22/21 CNY 20.45 SUZHOU NEW DISTRICT ECO 6.20 07/22/21 CNY 20.35 SUZHOU WUJIANG COMMUNIC 6.80 10/31/20 CNY 25.53 SUZHOU WUJIANG COMMUNIC 6.80 10/31/20 CNY 25.04 SUZHOU WUJIANG DISTRICT 5.25 07/08/22 CNY 40.58 SUZHOU XIANGCHENG URBAN 6.95 03/19/21 CNY 22.60 SUZHOU XIANGCHENG URBAN 6.95 03/19/21 CNY 20.35 TAIAN TAISHAN HOLDINGS 5.50 04/26/23 CNY 60.68 TAIAN TAISHAN HOLDINGS 5.50 04/26/23 CNY 59.63 TAICANG ASSETS MANAGEME 7.00 02/27/21 CNY 20.20 TAICANG ASSETS MANAGEME 7.00 02/27/21 CNY 20.20 TAICANG SCIENCE EDUCATI 5.54 08/28/22 CNY 44.65 TAICANG SCIENCE EDUCATI 5.54 08/28/22 CNY 40.91 TAIXING CITY CHENGXING 8.30 12/12/20 CNY 20.10 TAIXING CITY CHENGXING 8.30 12/12/20 CNY 19.85 TAIXING CITY HONGQIAO Y 5.03 10/29/22 CNY 63.87 TAIXING CITY HONGQIAO Y 5.03 10/29/22 CNY 59.90 TAIYUAN ECONOMIC TECHNO 7.43 04/24/21 CNY 20.28 TAIYUAN HIGH-SPEED RAIL 6.50 10/30/20 CNY 25.04 TAIYUAN STATE-OWNED INV 7.20 03/19/21 CNY 26.50 TAIYUAN STATE-OWNED INV 7.20 03/19/21 CNY 20.24 TAIZHOU CITY CONSTRUCTI 6.92 10/16/23 CNY 62.68 TAIZHOU CITY CONSTRUCTI 6.92 10/16/23 CNY 62.10 TAIZHOU HAILING CITY DE 4.60 12/14/22 CNY 60.13 TAIZHOU JIAOJIANG STATE 6.18 07/06/22 CNY 44.00 TAIZHOU JIAOJIANG STATE 6.18 07/06/22 CNY 41.19 TAIZHOU JINDONG URBAN C 5.10 06/02/23 CNY 60.26 TAIZHOU JINDONG URBAN C 5.10 06/02/23 CNY 60.10 TAIZHOU XINBINJIANG DEV 7.60 03/05/21 CNY 21.00 TAIZHOU XINBINJIANG DEV 7.60 03/05/21 CNY 20.27 TAIZHOU XINTAI GROUP CO 4.07 03/23/23 CNY 60.26 TAIZHOU XINTAI GROUP CO 4.07 03/23/23 CNY 59.95 TANGSHAN CAOFEIDIAN DEV 7.50 10/15/20 CNY 20.03 TIANJIN BAOXING INDUSTR 7.10 10/17/20 CNY 19.99 TIANJIN BEICHEN DISTRIC 7.00 04/21/21 CNY 27.15 TIANJIN BEICHEN DISTRIC 7.00 04/21/21 CNY 20.23 TIANJIN BEICHEN TECHNOL 6.87 08/20/21 CNY 27.00 TIANJIN BEICHEN TECHNOL 6.87 08/20/21 CNY 20.06 TIANJIN BINHAI NEW AREA 6.10 11/23/21 CNY 42.65 TIANJIN BOHAI STATE-OWN 3.82 04/18/23 CNY 59.69 TIANJIN BOHAI STATE-OWN 3.82 04/18/23 CNY 59.64 TIANJIN DONGFANG CAIXIN 5.19 01/29/22 CNY 40.17 TIANJIN DONGFANG CAIXIN 5.19 01/29/22 CNY 39.59 TIANJIN DONGLI CITY INF 4.28 12/02/22 CNY 59.62 TIANJIN ECONOMIC TECHNO 6.50 12/03/22 CNY 46.30 TIANJIN ECONOMIC TECHNO 6.50 12/03/22 CNY 45.54 TIANJIN GUANGCHENG INVE 5.40 04/20/23 CNY 59.28 TIANJIN GUANGCHENG INVE 5.40 04/20/23 CNY 58.01 TIANJIN GUANGCHENG INVE 6.97 02/22/23 CNY 44.67 TIANJIN GUANGCHENG INVE 6.97 02/22/23 CNY 40.01 TIANJIN GUANGCHENG INVE 7.45 07/24/21 CNY 29.00 TIANJIN GUANGCHENG INVE 7.45 07/24/21 CNY 20.02 TIANJIN HARBOR CONSTRUC 6.29 10/21/21 CNY 70.11 TIANJIN HARBOR CONSTRUC 8.00 04/01/21 CNY 40.55 TIANJIN HARBOR CONSTRUC 8.80 01/24/21 CNY 40.46 TIANJIN HI-TECH INDUSTR 6.65 09/12/21 CNY 20.30 TIANJIN HI-TECH INDUSTR 6.65 09/12/21 CNY 19.99 TIANJIN HUANCHENG URBAN 5.75 04/27/22 CNY 41.70 TIANJIN HUANCHENG URBAN 5.75 04/27/22 CNY 40.61 TIANJIN HUANCHENG URBAN 7.20 03/21/21 CNY 20.35 TIANJIN HUANCHENG URBAN 7.20 03/21/21 CNY 20.20 TIANJIN INFRASTRUCTURE 5.70 02/26/23 CNY 46.00 TIANJIN INFRASTRUCTURE 5.70 02/26/23 CNY 45.81 TIANJIN JINNAN CITY CON 6.50 06/03/21 CNY 20.29 TIANJIN JINNAN CITY CON 6.50 06/03/21 CNY 20.00 TIANJIN LINGANG INVESTM 7.75 02/26/21 CNY 20.21 TIANJIN LINGANG INVESTM 7.75 02/26/21 CNY 20.11 TIANJIN NINGHE DISTRICT 7.00 05/30/21 CNY 27.50 TIANJIN NINGHE DISTRICT 7.00 05/30/21 CNY 20.21 TIANJIN NINGHE INVESTME 5.50 04/22/23 CNY 60.60 TIANJIN NINGHE INVESTME 5.50 04/22/23 CNY 60.15 TIANJIN RAILWAY CONSTRU 5.58 04/13/25 CNY 72.49 TIANJIN REAL ESTATE TRU 8.59 03/13/21 CNY 19.50 TIANJIN RESIDENTIAL CON 8.00 12/19/20 CNY 20.03 TIANJIN STATE-OWNED CAP 1.60 12/17/39 USD 74.35 TIANJIN WATER INVESTMEN 8.40 01/15/21 CNY 25.04 TIANJIN WATER INVESTMEN 6.60 07/28/21 CNY 21.80 TIANJIN WATER INVESTMEN 6.60 07/28/21 CNY 19.33 TIANJIN WUQING STATE-OW 4.15 11/17/22 CNY 60.04 TIANJIN WUQING STATE-OW 4.15 11/17/22 CNY 59.90 TIANJIN WUQING STATE-OW 8.00 12/17/20 CNY 20.76 TIANJIN WUQING STATE-OW 7.18 03/19/21 CNY 20.42 TIANJIN WUQING STATE-OW 7.18 03/19/21 CNY 20.19 TIANJIN WUQING STATE-OW 8.00 12/17/20 CNY 20.16 TIANMEN CITY CONSTRUCTI 8.20 08/28/21 CNY 25.16 TIANMEN CITY CONSTRUCTI 8.20 08/28/21 CNY 20.77 TONGLING CONSTRUCTION I 4.12 03/14/23 CNY 60.00 TONGLING CONSTRUCTION I 4.12 03/14/23 CNY 59.88 TONGLU STATE-OWNED ASSE 8.09 04/18/21 CNY 20.98 TONGLU STATE-OWNED ASSE 8.09 04/18/21 CNY 20.42 TSINGHUA UNIGROUP CO LT 5.85 03/27/22 CNY 64.81 TSINGHUA UNIGROUP CO LT 5.20 12/10/23 CNY 59.90 TULUFAN DISTRICT STATE- 6.20 03/19/22 CNY 41.38 TULUFAN DISTRICT STATE- 6.20 03/19/22 CNY 40.68 TUNGHSU GROUP CO LTD 6.55 03/13/22 CNY 45.00 ULANQAB CITY INVESTMENT 8.39 04/25/22 CNY 51.26 ULANQAB JINING DISTRICT 6.16 03/24/23 CNY 59.77 ULANQAB JINING DISTRICT 6.16 03/24/23 CNY 59.13 URUMQI ECO&TECH DEVELOP 6.40 04/13/22 CNY 40.92 URUMQI ECO&TECH DEVELOP 6.40 04/13/22 CNY 40.00 WAFANGDIAN COASTAL PROJ 3.98 02/01/23 CNY 58.84 WAFANGDIAN COASTAL PROJ 3.98 02/01/23 CNY 58.28 WANGCHENG ECONOMIC DEVE 3.75 07/13/23 CNY 61.05 WANGCHENG ECONOMIC DEVE 3.75 07/13/23 CNY 61.02 WANGCHENG ECONOMIC DEVE 6.57 01/22/22 CNY 48.81 WANGCHENG ECONOMIC DEVE 6.57 01/22/22 CNY 40.81 WEICHI HOLDING GROUP CO 5.40 12/21/20 CNY 60.00 WEIFANG BINHAI INVESTME 6.16 04/16/21 CNY 25.22 WEIHAI LANCHUANG CONSTR 4.80 12/17/22 CNY 59.59 WEIHAI LANCHUANG CONSTR 4.80 12/17/22 CNY 59.39 WEIHAI URBAN CONSTRUCTI 3.33 03/02/23 CNY 59.44 WEIHAI URBAN CONSTRUCTI 3.33 03/02/23 CNY 58.40 WEIHAI WENDENG URBAN PR 4.80 05/26/23 CNY 59.33 WEIHAI WENDENG URBAN PR 4.80 05/26/23 CNY 58.97 WEINAN CITY INVESTMENT 6.09 03/11/22 CNY 40.67 WEINAN CITY INVESTMENT 6.09 03/11/22 CNY 40.00 WENDENG GOLDEN BEACH IN 3.97 03/21/23 CNY 59.27 WENDENG GOLDEN BEACH IN 3.97 03/21/23 CNY 59.20 WENSHAN URBAN CONSTRUCT 4.50 09/13/23 CNY 58.80 WENSHAN URBAN CONSTRUCT 4.50 09/13/23 CNY 58.54 WENZHOU CITY CONSTRUCTI 5.00 04/26/23 CNY 61.07 WENZHOU CITY CONSTRUCTI 5.00 04/26/23 CNY 60.99 WENZHOU CITY CONSTRUCTI 4.05 01/25/23 CNY 59.78 WENZHOU CITY CONSTRUCTI 4.05 01/25/23 CNY 59.57 WENZHOU GANGCHENG DEVEL 5.19 03/29/23 CNY 61.87 WENZHOU GANGCHENG DEVEL 5.19 03/29/23 CNY 60.91 WENZHOU HIGH-TECH INDUS 7.30 05/30/21 CNY 20.60 WENZHOU HIGH-TECH INDUS 7.95 03/21/21 CNY 20.46 WENZHOU HIGH-TECH INDUS 7.95 03/21/21 CNY 20.38 WENZHOU HIGH-TECH INDUS 7.30 05/30/21 CNY 20.35 WENZHOU LUCHENG CITY DE 5.58 11/03/21 CNY 40.31 WENZHOU LUCHENG CITY DE 5.58 11/03/21 CNY 40.20 WINTIME ENERGY CO LTD 7.50 04/04/21 CNY 43.63 WINTIME ENERGY CO LTD 7.90 03/29/21 CNY 43.63 WINTIME ENERGY CO LTD 7.90 12/22/20 CNY 43.63 WINTIME ENERGY CO LTD 7.50 12/06/20 CNY 43.63 WINTIME ENERGY CO LTD 7.50 11/16/20 CNY 43.63 WINTIME ENERGY CO LTD 7.70 11/15/20 CNY 43.63 WINTIME ENERGY CO LTD 7.00 04/26/19 CNY 43.63 WINTIME ENERGY CO LTD 7.00 03/19/19 CNY 43.63 WINTIME ENERGY CO LTD 7.00 12/15/18 CNY 43.63 WINTIME ENERGY CO LTD 6.78 10/23/18 CNY 43.63 WINTIME ENERGY CO LTD 7.00 08/25/18 CNY 43.63 WINTIME ENERGY CO LTD 7.30 08/06/18 CNY 43.63 WINTIME ENERGY CO LTD 7.00 07/05/18 CNY 43.63 WUHAI CITY CONSTRUCTION 8.19 04/21/21 CNY 20.32 WUHAI CITY CONSTRUCTION 8.19 04/21/21 CNY 5.42 WUHAN CHEDU CORP LTD 7.18 02/27/21 CNY 20.96 WUHAN CHEDU CORP LTD 7.18 02/27/21 CNY 20.21 WUHAN CITY HUANPI DISTR 6.43 09/17/21 CNY 23.02 WUHAN CITY HUANPI DISTR 6.43 09/17/21 CNY 20.46 WUHAN JIANGXIA URBAN CO 4.80 06/03/23 CNY 60.69 WUHAN JIANGXIA URBAN CO 4.80 06/03/23 CNY 60.50 WUHAN JIANGXIA URBAN CO 8.99 01/20/21 CNY 20.24 WUHAN METRO GROUP CO LT 5.25 04/14/22 CNY 40.36 WUHAN QIAOKOU STATE OWN 3.48 08/29/23 CNY 59.17 WUHAN QIAOKOU STATE OWN 3.48 08/29/23 CNY 58.93 WUHU COMMUNICATIONS INV 4.50 04/28/23 CNY 59.79 WUHU COMMUNICATIONS INV 4.50 04/28/23 CNY 59.76 WUHU COMMUNICATIONS INV 3.58 09/23/23 CNY 58.83 WUHU COMMUNICATIONS INV 3.58 09/23/23 CNY 58.60 WUHU COUNTY CONSTRUCTIO 6.60 12/08/21 CNY 46.35 WUHU COUNTY CONSTRUCTIO 6.60 12/08/21 CNY 40.72 WUHU JINGHU CONSTRUCTIO 4.37 07/20/23 CNY 59.64 WUHU JINGHU CONSTRUCTIO 4.37 07/20/23 CNY 59.63 WUHU JIUJIANG CONSTRUCT 3.96 03/21/23 CNY 59.55 WUHU JIUJIANG CONSTRUCT 8.49 04/14/21 CNY 20.48 WUHU JIUJIANG CONSTRUCT 8.49 04/14/21 CNY 20.00 WUHU XINMA INVESTMENT C 4.87 11/04/22 CNY 60.36 WUHU XINMA INVESTMENT C 4.87 11/04/22 CNY 59.80 WUHU YIJU INVESTMENT GR 6.45 08/11/21 CNY 21.45 WUHU YIJU INVESTMENT GR 6.45 08/11/21 CNY 20.48 WUWEI CITY ECONOMY DEVE 8.20 12/09/20 CNY 20.40 WUWEI CITY ECONOMY DEVE 8.20 04/24/21 CNY 20.26 WUWEI CITY ECONOMY DEVE 8.20 04/24/21 CNY 20.10 WUWEI CITY ECONOMY DEVE 8.20 12/09/20 CNY 20.08 WUXI HUIKAI ECONOMIC DE 4.16 04/08/23 CNY 60.01 WUXI HUIKAI ECONOMIC DE 4.16 04/08/23 CNY 59.83 WUXI HUNING METRO HUISH 4.38 06/08/21 CNY 40.45 WUXI HUNING METRO HUISH 4.38 06/08/21 CNY 40.08 WUXI MUNICIPAL DEVELOPM 6.10 10/11/20 CNY 20.00 WUXI TAIHU NEW CITY DEV 4.49 05/03/23 CNY 60.70 WUXI TAIHU NEW CITY DEV 4.49 05/03/23 CNY 60.63 WUXI TAIHU NEW CITY DEV 3.47 08/29/23 CNY 59.50 WUXI TAIHU NEW CITY DEV 3.47 08/29/23 CNY 59.27 WUYANG CONSTRUCTION GRO 7.80 09/11/20 CNY 32.48 WUZHONG URBAN RURAL CON 7.18 10/12/20 CNY 20.01 WUZHONG URBAN RURAL CON 7.18 10/12/20 CNY 20.00 XIAMEN TORCH GROUP CO L 7.49 04/21/21 CNY 24.88 XIAMEN TORCH GROUP CO L 7.49 04/21/21 CNY 20.33 XIAN FENGDONG 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WANLOU XINCHEN 6.90 01/14/22 CNY 39.90 XIANGTAN WANLOU XINCHEN 6.90 01/14/22 CNY 35.49 XIANGXIANG ECONOMIC DIS 5.28 09/09/23 CNY 57.72 XIANGXIANG ECONOMIC DIS 5.28 09/09/23 CNY 57.30 XIANGXIANG URBAN CONSTR 5.84 05/18/23 CNY 60.61 XIANGXIANG URBAN CONSTR 5.84 05/18/23 CNY 59.72 XIANGYANG CITY XIANGZHO 5.18 04/28/23 CNY 60.77 XIANGYANG CITY XIANGZHO 5.18 04/28/23 CNY 60.65 XIANGYANG HIGH TECH STA 7.00 05/29/21 CNY 23.38 XIANGYANG HIGH TECH STA 7.00 05/29/21 CNY 20.35 XIANGYANG STATE-OWNED C 4.62 01/25/23 CNY 59.79 XIANGYANG STATE-OWNED C 4.62 01/25/23 CNY 59.78 XIANNING HIGH-TECH INVE 6.29 02/10/22 CNY 40.71 XIANNING HIGH-TECH INVE 6.29 02/10/22 CNY 40.56 XIANTAO CITY CONSTRUCTI 4.59 04/18/23 CNY 60.29 XIANTAO CITY CONSTRUCTI 4.59 04/18/23 CNY 59.73 XIANTAO CITY CONSTRUCTI 8.15 02/24/21 CNY 20.38 XIAOGAN GAOCHUANG INVES 7.43 06/23/21 CNY 32.72 XIAOGAN GAOCHUANG INVES 6.87 09/22/21 CNY 26.69 XIAOGAN GAOCHUANG INVES 6.87 09/22/21 CNY 20.22 XIAOGAN GAOCHUANG INVES 7.43 06/23/21 CNY 20.18 XIAOGAN URBAN CONSTRUCT 3.94 07/05/21 CNY 62.99 XIAOGAN URBAN CONSTRUCT 6.89 05/29/21 CNY 20.40 XIAOGAN URBAN CONSTRUCT 6.89 05/29/21 CNY 20.38 XIAOXIAN COUNTY DEVELOP 4.85 06/22/23 CNY 60.63 XIAOXIAN COUNTY DEVELOP 4.85 06/22/23 CNY 60.45 XINDONGGANG HOLDING GRO 5.53 04/27/23 CNY 60.54 XINDONGGANG HOLDING GRO 5.53 04/27/23 CNY 60.16 XINGAN COUNTY URBAN CON 5.48 08/03/23 CNY 57.92 XINGAN COUNTY URBAN CON 5.48 08/03/23 CNY 57.88 XINGAN LEAGUE URBAN DEV 6.18 12/21/22 CNY 42.59 XINGAN LEAGUE URBAN DEV 6.18 12/21/22 CNY 42.05 XINGHUA CITY ECONOMIC D 5.28 06/13/22 CNY 49.89 XINGHUA CITY ECONOMIC D 5.28 06/13/22 CNY 49.63 XINGYI XINHENG URBAN CO 5.40 12/16/22 CNY 60.00 XINGYI XINHENG URBAN CO 5.40 12/16/22 CNY 58.63 XINJIANG KAIDI INVESTME 7.80 04/22/21 CNY 21.35 XINJIANG KAIDI INVESTME 7.80 04/22/21 CNY 20.16 XINMI CAIYUAN CITY CONS 4.35 02/28/23 CNY 60.76 XINMI CAIYUAN CITY CONS 4.35 02/28/23 CNY 60.07 XINMIN CITY LUXIN MUNIC 6.41 07/29/21 CNY 13.94 XINMIN CITY LUXIN MUNIC 6.41 07/29/21 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04/14/23 CNY 60.00 XIWANG GROUP CO LTD 7.80 12/03/22 CNY 49.94 XUANCHENG CITY ECONOMY 7.95 09/22/21 CNY 26.00 XUANCHENG CITY ECONOMY 7.95 09/22/21 CNY 20.76 XUANCHENG STATE-OWNED A 4.12 04/07/23 CNY 60.23 XUANCHENG STATE-OWNED A 4.12 04/07/23 CNY 60.23 XUANCHENG STATE-OWNED A 7.95 03/27/21 CNY 26.00 XUANCHENG STATE-OWNED A 7.95 03/27/21 CNY 20.32 XUZHOU BOCHANT DEVELOPM 5.69 07/28/21 CNY 33.05 XUZHOU CITY JIAWANG CON 4.00 03/23/23 CNY 59.64 XUZHOU CITY TONGSHAN DI 5.23 09/18/22 CNY 41.00 XUZHOU CITY TONGSHAN DI 5.23 09/18/22 CNY 40.58 XUZHOU ECONOMIC TECHNOL 7.35 04/21/21 CNY 20.36 XUZHOU ECONOMIC TECHNOL 7.35 04/21/21 CNY 20.32 XUZHOU HI-TECH INDUSTRI 7.86 04/22/21 CNY 31.50 XUZHOU HI-TECH INDUSTRI 7.86 04/22/21 CNY 20.45 XUZHOU TRANSPORTATION H 7.09 05/15/21 CNY 21.00 XUZHOU TRANSPORTATION H 7.09 05/15/21 CNY 20.40 XUZHOU XINSHENG INVESTM 5.13 08/12/22 CNY 44.46 XUZHOU XINSHENG INVESTM 5.13 08/12/22 CNY 40.86 YANCHENG CITY TINGHU DI 7.95 11/15/20 CNY 20.05 YANCHENG CITY TINGHU DI 7.95 11/15/20 CNY 18.30 YANCHENG DAFENG DISTRIC 8.70 01/24/21 CNY 20.97 YANCHENG DAFENG DISTRIC 8.50 12/30/20 CNY 20.60 YANCHENG DAFENG DISTRIC 8.70 01/24/21 CNY 20.24 YANCHENG DAFENG DISTRIC 8.50 12/30/20 CNY 20.18 YANCHENG HIGH-TECH ZONE 3.90 12/14/22 CNY 60.06 YANCHENG ORIENTAL INVES 6.48 09/15/21 CNY 20.29 YANCHENG SOUTH DISTRICT 6.70 07/30/21 CNY 20.40 YANCHENG SOUTH DISTRICT 6.70 07/30/21 CNY 20.39 YANCHENG YANDU DISTRICT 3.67 03/17/23 CNY 59.47 YANCHENG YANDU DISTRICT 3.67 03/17/23 CNY 59.46 YANGJIANG HENGCAI CITY 6.24 04/14/22 CNY 41.20 YANGJIANG HENGCAI CITY 6.24 04/14/22 CNY 41.04 YANGZHONG TRANSPORTATIO 4.98 04/07/23 CNY 60.62 YANGZHONG TRANSPORTATIO 4.98 04/07/23 CNY 60.32 YANGZHONG TRANSPORTATIO 4.95 04/07/23 CNY 60.11 YANGZHONG TRANSPORTATIO 4.95 04/07/23 CNY 59.69 YANGZHOU CHEMICAL INDUS 8.58 01/24/21 CNY 26.00 YANGZHOU CHEMICAL INDUS 8.58 01/24/21 CNY 20.15 YANGZHOU ECONOMIC & TEC 7.40 03/05/21 CNY 40.63 YANGZHOU ECONOMIC & TEC 7.40 03/05/21 CNY 40.00 YANGZHOU GUANGLING 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RURAL NEW 4.25 11/24/21 CNY 49.84 YIXING CITY CONSTRUCTIO 6.16 03/30/22 CNY 40.87 YIXING CITY CONSTRUCTIO 6.16 03/30/22 CNY 40.00 YIXING TUOYE INDUSTRIAL 7.60 05/28/21 CNY 23.50 YIXING TUOYE INDUSTRIAL 7.60 05/28/21 CNY 20.28 YIYANG ADVANCED INDUSTR 7.00 03/30/22 CNY 48.00 YIYANG ADVANCED INDUSTR 7.00 03/30/22 CNY 40.63 YIZHANG XINGYI CONSTRUC 5.49 09/02/24 CNY 69.26 YIZHANG XINGYI CONSTRUC 5.49 09/02/24 CNY 67.96 YONG ZHOU CITY CONSTRUC 7.30 10/23/20 CNY 20.03 YONGJIA INVESTMENT GROU 6.50 11/12/21 CNY 40.59 YONGJIA INVESTMENT GROU 6.50 11/12/21 CNY 40.00 YONGXING YINDU CONSTRUC 5.60 03/24/23 CNY 60.56 YONGXING YINDU CONSTRUC 5.60 03/24/23 CNY 60.56 YONGZHOU ECONOMIC CONST 3.55 01/14/23 CNY 60.50 YONGZHOU ECONOMIC CONST 3.55 01/14/23 CNY 59.43 YUANAN COUNTY QIFENG CI 5.50 05/27/23 CNY 60.56 YUANAN COUNTY QIFENG CI 5.50 05/27/23 CNY 60.02 YUEYANG CITY DONGTING N 6.15 03/20/22 CNY 40.15 YUEYANG CITY DONGTING N 6.15 03/20/22 CNY 40.06 YUEYANG HUILIN INVESTME 5.50 11/03/21 CNY 40.06 YUEYANG HUILIN INVESTME 5.50 11/03/21 CNY 40.00 YUEYANG YUNXI CITY CONS 6.00 07/08/23 CNY 60.10 YUEYANG YUNXI CITY CONS 6.00 07/08/23 CNY 58.99 YUHUAN CITY COMMUNICATI 5.65 11/03/21 CNY 44.50 YUHUAN CITY COMMUNICATI 6.18 03/20/22 CNY 44.47 YUHUAN CITY COMMUNICATI 5.65 11/03/21 CNY 40.40 YUHUAN CITY COMMUNICATI 6.18 03/20/22 CNY 40.37 YUHUAN CITY CONSTRUCTIO 5.10 05/03/23 CNY 61.01 YUHUAN CITY CONSTRUCTIO 5.10 05/03/23 CNY 60.23 YUNNAN METROPOLITAN CON 6.77 05/23/21 CNY 20.35 YUNNAN METROPOLITAN CON 6.77 05/23/21 CNY 19.80 YUYAO CITY CONSTRUCTION 7.09 05/19/21 CNY 20.46 YUZHOU GENERAL INVESTME 4.68 01/19/23 CNY 60.17 YUZHOU GENERAL INVESTME 4.68 01/19/23 CNY 60.00 ZAOYANG CITY CONSTRUCTI 5.50 03/22/23 CNY 60.58 ZAOYANG CITY CONSTRUCTI 5.50 03/22/23 CNY 60.13 ZHANGJIAGANG JINCHENG I 6.88 04/28/21 CNY 20.30 ZHANGJIAGANG JINCHENG I 6.88 04/28/21 CNY 20.30 ZHANGJIAJIE ECONOMIC DE 7.80 04/17/21 CNY 20.32 ZHANGQIU STATE OWNED AS 3.69 08/09/23 CNY 59.59 ZHANGQIU STATE OWNED AS 3.69 08/09/23 CNY 58.47 ZHANGSHU STATE-OWNED AS 4.80 06/22/23 CNY 62.67 ZHANGSHU STATE-OWNED AS 4.80 06/22/23 CNY 59.98 ZHANGYE CITY INVESTMENT 6.92 09/22/21 CNY 20.90 ZHANGYE CITY INVESTMENT 6.92 09/22/21 CNY 20.48 ZHANGZHOU ECONOMIC DEVE 6.17 04/27/22 CNY 40.80 ZHANGZHOU ECONOMIC DEVE 6.17 04/27/22 CNY 40.50 ZHANGZHOU JIULONGJIANG 6.48 06/20/21 CNY 20.43 ZHANGZHOU JIULONGJIANG 6.48 06/20/21 CNY 20.30 ZHANJIANG INFRASTRUCTUR 6.93 10/21/20 CNY 20.10 ZHANJIANG INFRASTRUCTUR 6.93 10/21/20 CNY 20.01 ZHAOQING GAOYAO DISTRIC 6.68 04/14/22 CNY 40.79 ZHAOQING GAOYAO DISTRIC 6.68 04/14/22 CNY 40.00 ZHAOQING HI-TECH ZONE C 3.97 08/26/23 CNY 59.71 ZHAOQING HI-TECH ZONE C 3.97 08/26/23 CNY 58.99 ZHEJIANG BINHAI NEW CIT 4.65 12/23/22 CNY 60.46 ZHEJIANG CHANGXING JING 7.99 03/03/21 CNY 30.00 ZHEJIANG CHANGXING JING 7.99 03/03/21 CNY 20.15 ZHEJIANG GUOXING INVEST 6.94 08/01/21 CNY 28.50 ZHEJIANG GUOXING INVEST 6.94 08/01/21 CNY 20.48 ZHEJIANG HANGZHOU QINGS 7.90 04/23/21 CNY 24.00 ZHEJIANG HANGZHOU QINGS 7.90 04/23/21 CNY 20.39 ZHEJIANG HUISHENG INVES 4.49 03/15/24 CNY 70.24 ZHEJIANG HUISHENG INVES 4.49 03/15/24 CNY 70.00 ZHEJIANG OUHAI CONSTRUC 4.83 01/21/23 CNY 60.42 ZHEJIANG OUHAI CONSTRUC 6.45 04/23/22 CNY 41.05 ZHEJIANG OUHAI CONSTRUC 6.45 04/23/22 CNY 40.30 ZHEJIANG PROVINCE XINCH 6.95 12/31/21 CNY 41.20 ZHEJIANG PROVINCE XINCH 5.88 10/30/21 CNY 41.06 ZHEJIANG PROVINCE XINCH 6.95 12/31/21 CNY 40.91 ZHEJIANG PROVINCE XINCH 5.88 10/30/21 CNY 40.47 ZHENGZHOU AIRPORT ECONO 4.27 07/20/26 CNY 70.19 ZHENGZHOU AIRPORT ECONO 4.27 07/20/26 CNY 70.19 ZHENGZHOU JINGKAI INVES 5.48 07/31/22 CNY 40.95 ZHENGZHOU JINGKAI INVES 5.48 07/31/22 CNY 40.00 ZHENGZHOU MOUZHONG DEVE 4.59 04/18/23 CNY 60.49 ZHENGZHOU MOUZHONG DEVE 4.59 04/18/23 CNY 60.42 ZHENGZHOU MOUZHONG DEVE 7.48 12/11/21 CNY 46.20 ZHENGZHOU MOUZHONG DEVE 7.48 12/11/21 CNY 40.69 ZHENJIANG CITY CONSTRUC 7.90 12/18/20 CNY 28.50 ZHENJIANG CITY CONSTRUC 8.20 01/13/21 CNY 28.49 ZHENJIANG CITY CONSTRUC 8.20 01/13/21 CNY 20.21 ZHENJIANG CITY CONSTRUC 7.90 12/18/20 CNY 20.14 ZHENJIANG DANTU DISTRIC 5.89 11/03/21 CNY 40.14 ZHENJIANG DANTU DISTRIC 5.89 11/03/21 CNY 39.60 ZHENJIANG NEW AREA URBA 5.31 07/14/23 CNY 60.50 ZHENJIANG NEW AREA URBA 5.31 07/14/23 CNY 59.47 ZHENJIANG NEW AREA URBA 8.35 02/26/21 CNY 20.18 ZHENJIANG NEW AREA URBA 8.99 01/16/21 CNY 20.12 ZHIJIANG STATE-OWNED AS 4.38 03/28/23 CNY 64.70 ZHIJIANG STATE-OWNED AS 4.78 01/11/23 CNY 60.05 ZHIJIANG STATE-OWNED AS 4.38 03/28/23 CNY 60.00 ZHIJIANG STATE-OWNED AS 4.78 01/11/23 CNY 60.00 ZHONGGUANCUN DEVELOPMEN 4.20 08/12/22 CNY 40.50 ZHONGGUANCUN DEVELOPMEN 4.20 08/12/22 CNY 40.17 ZHONGMINTOU LEASING HOL 7.55 09/21/21 CNY 49.49 ZHONGRONG XINDA GROUP C 7.10 01/22/21 CNY 33.70 ZHONGSHAN TRANSPORTATIO 5.25 11/26/21 CNY 40.33 ZHONGSHAN TRANSPORTATIO 5.25 11/26/21 CNY 40.00 ZHONGTIAN FINANCIAL GRO 7.00 10/15/20 CNY 24.91 ZHOUKOU INVESTMENT GROU 7.49 04/21/21 CNY 20.16 ZHOUSHAN DINGHAI CITY C 6.67 07/20/22 CNY 40.40 ZHOUSHAN DINGHAI STATE- 7.13 08/04/21 CNY 20.33 ZHOUSHAN DINGHAI STATE- 7.13 08/04/21 CNY 20.18 ZHOUSHAN ISLANDS NEW DI 6.98 10/22/22 CNY 56.33 ZHOUSHAN ISLANDS NEW DI 6.98 10/22/22 CNY 55.80 ZHOUSHAN PUTUO DISTRICT 7.18 06/20/22 CNY 41.90 ZHOUSHAN PUTUO DISTRICT 7.18 06/20/22 CNY 41.29 ZHUHAI HUIHUA INFRASTRU 4.70 06/27/23 CNY 60.38 ZHUHAI HUIHUA INFRASTRU 4.70 06/27/23 CNY 60.32 ZHUJI CITY EAST NEW TOW 3.89 08/26/23 CNY 59.79 ZHUJI CITY YUEDU INVEST 6.38 04/07/22 CNY 41.01 ZHUJI CITY YUEDU INVEST 6.38 04/07/22 CNY 40.95 ZHUJI CITY YUEDU INVEST 8.20 12/12/20 CNY 24.50 ZHUJI CITY YUEDU INVEST 8.20 12/12/20 CNY 20.20 ZHUZHOU CITY CONSTRUCTI 8.36 11/10/21 CNY 43.75 ZHUZHOU CITY CONSTRUCTI 6.95 10/16/20 CNY 20.04 ZHUZHOU CITY CONSTRUCTI 6.95 10/16/20 CNY 20.03 ZHUZHOU GECKOR GROUP CO 3.78 09/28/23 CNY 59.09 ZHUZHOU GECKOR GROUP CO 3.78 09/28/23 CNY 58.81 ZHUZHOU GECKOR GROUP CO 6.38 04/17/22 CNY 40.80 ZHUZHOU GECKOR GROUP CO 6.38 04/17/22 CNY 40.00 ZHUZHOU GECKOR GROUP CO 6.95 08/11/21 CNY 20.86 ZHUZHOU GECKOR GROUP CO 6.95 08/11/21 CNY 20.35 ZHUZHOU RECYCLING ECONO 4.38 03/24/23 CNY 57.68 ZHUZHOU RECYCLING ECONO 4.38 03/24/23 CNY 57.04 ZHUZHOU XIANGJIANG SCEN 5.39 11/25/22 CNY 60.72 ZHUZHOU XIANGJIANG SCEN 5.39 11/25/22 CNY 60.24 ZIBO BANYANG CITY URBAN 5.50 09/09/22 CNY 41.03 ZIBO BANYANG CITY URBAN 5.50 09/09/22 CNY 40.00 ZIYANG WATER INVESTMENT 3.97 03/17/23 CNY 58.30 ZIYANG WATER INVESTMENT 3.97 03/17/23 CNY 58.29 ZIYANG WATER INVESTMENT 7.40 10/21/20 CNY 20.01 ZIYANG WATER INVESTMENT 7.40 10/21/20 CNY 20.00 ZIZHONG COUNTY XINGZI I 5.97 01/18/23 CNY 59.68 ZIZHONG COUNTY XINGZI I 5.97 01/18/23 CNY 58.59 ZUNYI ECONOMIC DEVELOPM 4.87 01/22/23 CNY 60.00 ZUNYI ECONOMIC DEVELOPM 4.87 01/22/23 CNY 57.87 ZUNYI HONGHUAGANG CITY 6.98 07/25/24 CNY 74.90 ZUNYI HONGHUAGANG CITY 5.05 06/27/23 CNY 59.06 ZUNYI HONGHUAGANG CITY 5.05 06/27/23 CNY 57.87 ZUNYI NEW DISTRICT DEVE 5.99 04/07/26 CNY 69.89 ZUNYI NEW DISTRICT DEVE 5.99 04/07/26 CNY 69.62 ZUNYI ROAD & BRIDGE CON 6.10 04/27/23 CNY 57.96 ZUNYI ROAD & BRIDGE CON 6.10 04/27/23 CNY 52.90 HONG KONG --------- DR PENG HOLDING HONGKON 7.55 12/01/21 USD 71.55 HNA GROUP INTERNATIONAL 6.25 10/05/21 USD 54.33 INDIA ----- 3I INFOTECH LTD 2.50 03/31/25 USD 9.75 AMPSOLAR SOLUTION PVT L 0.01 10/27/37 INR 26.92 AMPSOLAR SOLUTION PVT L 0.01 11/03/37 INR 26.88 APG HABITAT PVT LTD 1.00 09/09/28 INR 60.52 APG INTELLI HOMES PVT L 1.25 02/04/35 INR 44.36 APG INTELLI HOMES PVT L 1.25 02/04/35 INR 42.26 AUTOMOTIVE EXCHANGE PVT 4.00 06/01/30 INR 63.09 AUTOMOTIVE EXCHANGE PVT 4.00 10/11/30 INR 62.85 BREEZE CONSTRUCTIONS PV 0.01 06/29/30 INR 44.46 BRITANNIA INDUSTRIES LT 8.00 08/28/22 INR 31.16 CHANDRAJYOTI ESTATE DEV 0.01 07/06/30 INR 47.08 CREIXENT SPECIAL STEELS 0.01 08/28/25 INR 68.72 CUMULUS TRADING CO PVT 0.01 01/23/30 INR 62.29 CUMULUS TRADING CO PVT 0.01 05/21/32 INR 39.17 DEWAN HOUSING FINANCE C 8.50 04/18/23 INR 28.36 DLF EMPORIO RESTAURANTS 0.01 06/29/30 INR 46.44 DLF EMPORIO RESTAURANTS 0.01 08/12/30 INR 45.99 DLF HOME DEVELOPERS LTD 0.01 06/29/30 INR 48.53 DLF HOMES SERVICES PVT 0.01 06/29/30 INR 44.46 DLF REAL ESTATE BUILDER 0.01 06/23/30 INR 47.05 DLF RESIDENTIAL BUILDER 0.01 06/23/30 INR 44.47 DLF RESIDENTIAL DEVELOP 0.01 06/28/30 INR 47.09 DLF SOUTHERN TOWNS PVT 0.01 07/09/30 INR 47.16 DOMUS REAL ESTATE PVT L 0.01 07/11/30 INR 47.15 EDELWEISS ASSET RECONST 2.00 03/28/27 INR 71.85 EDELWEISS ASSET RECONST 2.00 11/20/27 INR 69.50 EDELWEISS ASSET RECONST 2.00 10/07/28 INR 66.12 EDELWEISS ASSET RECONST 2.00 01/15/29 INR 65.13 EDELWEISS ASSET RECONST 2.00 07/22/29 INR 63.32 ESSAR POWER TRANSMISSIO 3.00 03/31/43 INR 48.35 ESSAR POWER TRANSMISSIO 3.00 03/31/43 INR 48.35 GREEN URJA PVT LTD 0.01 02/14/30 INR 48.36 GTL INFRASTRUCTURE LTD 6.73 10/26/22 USD 5.65 HINDUSTAN CONSTRUCTION 0.01 01/05/27 INR 61.32 HITODI INFRASTRUCTURE L 0.01 06/30/27 INR 57.46 JAIPRAKASH ASSOCIATES L 5.75 09/08/17 USD 55.13 JAIPRAKASH POWER VENTUR 7.00 05/15/17 USD 4.56 JCT LTD 2.50 04/08/11 USD 25.75 JSM CORP PVT LTD 0.01 08/31/36 INR 28.72 JTPM ATSALI LTD 0.01 08/29/48 INR 13.66 KANAKADURGA FINANCE LTD 0.01 04/15/36 INR 27.46 KRIBHCO INFRASTRUCTURE 1.00 04/15/26 INR 71.43 MARIS POWER SUPPLY CO P 2.00 04/18/28 INR 68.47 MELOSA BUILDERS & DEVEL 0.01 06/29/30 INR 45.46 MENS BUILDCON PVT LTD 0.01 06/29/30 INR 45.46 MYTRAH AADHYA POWER PVT 0.01 07/05/35 INR 32.04 MYTRAH ADVAITH POWER PV 0.01 07/13/36 INR 29.72 MYTRAH AKSHAYA ENERGY P 0.01 07/13/36 INR 29.72 ORIGAMI CELLULO PVT LTD 0.01 11/14/36 INR 28.40 PRAKASH INDUSTRIES LTD 5.25 04/30/15 USD 22.63 PUNJAB INFRASTRUCTURE D 0.40 10/15/26 INR 70.75 PUNJAB INFRASTRUCTURE D 0.40 10/15/27 INR 65.95 PUNJAB INFRASTRUCTURE D 0.40 10/15/28 INR 61.43 PUNJAB INFRASTRUCTURE D 0.40 10/15/29 INR 57.24 PUNJAB INFRASTRUCTURE D 0.40 10/15/30 INR 53.39 PUNJAB INFRASTRUCTURE D 0.40 10/15/31 INR 49.88 PUNJAB INFRASTRUCTURE D 0.40 10/15/32 INR 46.69 PUNJAB INFRASTRUCTURE D 0.40 10/15/33 INR 43.97 PYRAMID SAIMIRA THEATRE 1.75 07/04/12 USD 0.26 R L FINE CHEM PVT LTD 0.10 08/19/36 INR 29.26 REDKITE CAPITAL PVT LTD 2.50 01/15/28 INR 71.74 REDKITE CAPITAL PVT LTD 2.50 03/30/29 INR 67.63 REI AGRO LTD 5.50 11/13/14 USD 0.96 REI AGRO LTD 5.50 11/13/14 USD 0.96 RELIANCE COMMUNICATIONS 6.50 11/06/20 USD 9.95 SAKET HOLIDAYS RESORTS 0.01 06/29/30 INR 47.10 SHIVAJI MARG MAINTENANC 0.01 06/28/30 INR 44.93 SINTEX INDUSTRIES LTD 3.50 05/25/22 USD 25.00 SURBHI INVESTMENTS & TR 2.50 10/21/28 INR 68.93 SUZLON ENERGY LTD 5.75 07/16/19 USD 24.85 SUZLON ENERGY LTD 5.75 07/16/19 USD 24.85 SVOGL OIL GAS & ENERGY 5.00 08/17/15 USD 0.61 TATA SMARTFOODZ LTD 0.01 07/15/25 INR 71.05 TN URJA PVT LTD 0.10 02/22/36 INR 31.21 VIDEOCON INDUSTRIES LTD 2.80 12/31/20 USD 28.88 WATSUN INFRABUILD PVT L 4.00 10/16/37 INR 60.47 WS T&D LTD 0.10 03/24/29 INR 52.48 ZYDUS FOUNDATION 0.10 03/25/25 INR 72.11 INDONESIA --------- ABM INVESTAMA TBK PT 7.13 08/01/22 USD 63.34 ABM INVESTAMA TBK PT 7.13 08/01/22 USD 62.64 BERAU COAL ENERGY TBK P 7.25 03/13/17 USD 44.38 BERAU COAL ENERGY TBK P 7.25 03/13/17 USD 44.38 DELTA MERLIN DUNIA TEKS 8.63 03/12/24 USD 10.20 DELTA MERLIN DUNIA TEKS 8.63 03/12/24 USD 6.86 GAJAH TUNGGAL TBK PT 8.38 08/10/22 USD 68.28 MNC INVESTAMA TBK PT 9.00 05/11/21 USD 68.42 JAPAN ----- AVANSTRATE INC 0.10 10/29/32 JPY 9.75 TKJP CORP 0.58 03/26/21 JPY 2.02 TKJP CORP 0.85 03/06/19 JPY 2.02 TKJP CORP 1.02 12/15/17 JPY 0.50 UNIZO HOLDINGS CO LTD 0.85 05/26/23 JPY 74.87 UNIZO HOLDINGS CO LTD 0.80 11/29/23 JPY 71.76 UNIZO HOLDINGS CO LTD 0.89 05/29/24 JPY 69.44 UNIZO HOLDINGS CO LTD 1.10 11/28/24 JPY 67.42 UNIZO HOLDINGS CO LTD 0.99 11/27/26 JPY 63.00 UNIZO HOLDINGS CO LTD 1.50 11/26/27 JPY 61.88 UNIZO HOLDINGS CO LTD 1.20 05/28/27 JPY 61.48 MALAYSIA -------- ASIAN PAC HOLDINGS BHD 3.00 05/25/22 MYR 0.53 BERJAYA CORP BHD 5.00 04/22/22 MYR 0.26 BERJAYA CORP BHD 2.00 05/29/26 MYR 0.11 ELK-DESA RESOURCES BHD 3.25 04/14/22 MYR 1.14 HIAP TECK VENTURE BHD 5.00 06/23/21 MYR 0.18 HUME INDUSTRIES BHD 5.00 05/29/24 MYR 1.01 MALAYAN FLOUR MILLS BHD 5.00 01/24/24 MYR 1.11 PENGURUSAN AIR SPV BHD 1.00 09/28/35 MYR 69.10 PMB TECHNOLOGY BHD 3.00 07/12/23 MYR 2.56 SENAI-DESARU EXPRESSWAY 1.35 12/31/30 MYR 74.02 SENAI-DESARU EXPRESSWAY 1.35 06/30/31 MYR 72.72 VIZIONE HOLDINGS BHD 3.00 08/08/21 MYR 0.03 NEW ZEALAND ----------- PRECINCT PROPERTIES NEW 4.80 09/27/21 NZD 1.14 PHILIPPINES ----------- BAYAN TELECOMMUNICATION 15.00 07/15/06 USD 22.75 SINGAPORE --------- ALAM SYNERGY PTE LTD 11.50 04/22/21 USD 72.50 ALAM SYNERGY PTE LTD 6.63 04/24/22 USD 58.39 APL REALTY HOLDINGS PTE 5.95 06/02/24 USD 68.39 ASL MARINE HOLDINGS LTD 3.00 03/28/25 SGD 46.25 ASL MARINE HOLDINGS LTD 3.00 10/01/26 SGD 46.25 BAKRIE TELECOM PTE LTD 11.50 05/07/15 USD 0.63 BAKRIE TELECOM PTE LTD 11.50 05/07/15 USD 0.63 BERAU CAPITAL RESOURCES 12.50 07/08/15 USD 32.01 BERAU CAPITAL RESOURCES 12.50 07/08/15 USD 32.01 BLD INVESTMENTS PTE LTD 8.63 03/23/15 USD 4.88 BLUE OCEAN RESOURCES PT 8.00 12/31/21 USD 30.06 BLUE OCEAN RESOURCES PT 8.00 12/31/21 USD 30.06 BLUE OCEAN RESOURCES PT 8.00 12/31/21 USD 30.06 ENERCOAL RESOURCES PTE 9.25 08/05/14 USD 45.75 ETERNA CAPITAL PTE LTD 7.50 12/11/22 USD 43.48 ETERNA CAPITAL PTE LTD 8.00 12/11/22 USD 22.86 EZRA HOLDINGS LTD 4.88 04/24/18 SGD 5.00 GEO COAL INTERNATIONAL 8.00 10/04/22 USD 44.01 GEO COAL INTERNATIONAL 8.00 10/04/22 USD 43.86 HYFLUX LTD 4.60 09/23/19 SGD 10.00 HYFLUX LTD 4.20 08/29/19 SGD 10.00 HYFLUX LTD 4.25 09/07/18 SGD 10.00 INDO INFRASTRUCTURE GRO 2.00 07/30/10 USD 1.00 INNOVATE CAPITAL PTE LT 6.00 12/11/24 USD 18.00 JGC VENTURES PTE LTD 10.75 08/30/21 USD 38.00 MICLYN EXPRESS OFFSHORE 8.75 11/25/18 USD 24.16 MODERNLAND OVERSEAS PTE 6.95 04/13/24 USD 40.09 MULHACEN PTE LTD 6.50 08/01/23 EUR 46.06 MULHACEN PTE LTD 6.50 08/01/23 EUR 45.58 NT RIG HOLDCO PTE LTD 7.50 12/20/21 USD 60.00 ORO NEGRO DRILLING PTE 7.50 01/24/19 USD 14.50 OXLEY MTN PTE LTD 6.50 02/28/23 SGD 74.15 PACIFIC INTERNATIONAL L 8.50 11/16/20 SGD 48.20 PACIFIC RADIANCE LTD 4.30 03/31/20 SGD 10.00 RICKMERS MARITIME 8.45 05/15/17 SGD 5.00 SOECHI CAPITAL PTE LTD 8.38 01/31/23 USD 62.03 SOECHI CAPITAL PTE LTD 8.38 01/31/23 USD 60.56 SSMS PLANTATION HOLDING 7.75 01/23/23 USD 56.72 SWIBER CAPITAL PTE LTD 6.50 08/02/18 SGD 4.20 SWIBER CAPITAL PTE LTD 6.25 10/30/17 SGD 4.20 SWIBER HOLDINGS LTD 5.55 10/10/16 SGD 12.25 SWIBER HOLDINGS LTD 7.75 09/18/17 CNY 7.75 SWIBER HOLDINGS LTD 7.13 04/18/17 SGD 7.75 SOUTH KOREA ----------- ECOMAISTER CO LTD 2.00 10/11/22 KRW 66.73 HEUNGKUK FIRE & MARINE 5.70 12/29/46 KRW 45.55 JT CAPITAL FIRST ASSET 2.73 07/24/45 KRW 68.23 KIBO ABS SPECIALTY CO L 5.00 08/28/21 KRW 73.06 KIBO ABS SPECIALTY CO L 5.00 02/24/22 KRW 72.34 KIBO ABS SPECIALTY CO L 5.00 02/28/22 KRW 71.50 KIBO ABS SPECIALTY CO L 5.00 02/24/23 KRW 70.24 KIBO ABS SPECIALTY CO L 5.00 02/26/21 KRW 64.62 LOTTE CARD CO LTD 3.95 06/28/49 KRW 37.37 POSCO ENERGY CO LTD 5.21 08/29/43 KRW 61.02 SAMPYO CEMENT CO LTD 8.10 06/26/15 KRW 70.00 SAMPYO CEMENT CO LTD 8.10 04/12/15 KRW 70.00 SAMPYO CEMENT CO LTD 8.30 09/10/14 KRW 70.00 SAMPYO CEMENT CO LTD 7.50 07/20/14 KRW 70.00 SAMPYO CEMENT CO LTD 8.30 04/20/14 KRW 70.00 SINBO SECURITIZATION SP 5.00 09/28/22 KRW 73.84 SINBO SECURITIZATION SP 5.00 06/29/22 KRW 73.76 SINBO SECURITIZATION SP 5.00 06/29/21 KRW 73.27 SINBO SECURITIZATION SP 5.00 12/27/21 KRW 72.18 SINBO SECURITIZATION SP 5.00 02/28/23 KRW 71.88 SINBO SECURITIZATION SP 5.00 03/20/23 KRW 71.73 SINBO SECURITIZATION SP 5.00 02/28/22 KRW 71.49 SINBO SECURITIZATION SP 5.00 12/25/23 KRW 69.69 SINBO SECURITIZATION SP 5.00 12/25/22 KRW 69.25 SINBO SECURITIZATION SP 5.00 10/24/23 KRW 69.23 SINBO SECURITIZATION SP 5.00 10/24/23 KRW 69.23 SINBO SECURITIZATION SP 5.00 11/21/23 KRW 69.10 SINBO SECURITIZATION SP 5.00 07/24/23 KRW 68.90 SINBO SECURITIZATION SP 5.00 08/29/23 KRW 68.47 SINBO SECURITIZATION SP 5.00 08/29/23 KRW 68.47 SINBO SECURITIZATION SP 5.00 09/26/23 KRW 68.16 SINBO SECURITIZATION SP 5.00 09/26/23 KRW 68.16 SINBO SECURITIZATION SP 5.00 09/26/23 KRW 68.16 SINBO SECURITIZATION SP 5.00 01/25/23 KRW 68.14 SINBO SECURITIZATION SP 5.00 06/27/23 KRW 67.98 SINBO SECURITIZATION SP 5.00 12/21/20 KRW 67.95 SINBO SECURITIZATION SP 5.00 07/24/22 KRW 66.71 SINBO SECURITIZATION SP 5.00 07/26/22 KRW 66.68 SINBO SECURITIZATION SP 4.00 12/25/23 KRW 66.62 SINBO SECURITIZATION SP 4.00 12/25/23 KRW 66.62 SINBO SECURITIZATION SP 5.00 08/29/22 KRW 66.22 SINBO SECURITIZATION SP 5.00 08/31/22 KRW 66.21 SINBO SECURITIZATION SP 5.00 09/26/22 KRW 65.90 SINBO SECURITIZATION SP 5.00 01/25/22 KRW 65.87 SINBO SECURITIZATION SP 5.00 01/26/22 KRW 65.87 SINBO SECURITIZATION SP 5.00 06/27/22 KRW 65.84 SINBO SECURITIZATION SP 5.00 02/23/22 KRW 65.74 SINBO SECURITIZATION SP 3.00 11/21/23 KRW 64.44 SINBO SECURITIZATION SP 5.00 03/21/21 KRW 63.99 SINBO SECURITIZATION SP 5.00 07/26/21 KRW 62.83 SINBO SECURITIZATION SP 5.00 08/31/21 KRW 62.06 SRI LANKA --------- SRI LANKA DEVELOPMENT B 5.66 05/01/23 USD 74.48 SRI LANKA DEVELOPMENT B 4.48 01/22/23 USD 74.10 SRI LANKA DEVELOPMENT B 4.29 01/22/23 USD 73.75 SRI LANKA DEVELOPMENT B 4.27 03/16/23 USD 72.67 SRI LANKA DEVELOPMENT B 4.17 05/01/23 USD 71.91 SRI LANKA DEVELOPMENT B 4.13 05/01/23 USD 71.83 SRI LANKA DEVELOPMENT B 6.87 01/22/25 USD 70.93 SRI LANKA DEVELOPMENT B 6.80 01/22/25 USD 70.73 SRI LANKA DEVELOPMENT B 6.75 01/22/25 USD 70.58 SRI LANKA DEVELOPMENT B 6.50 01/22/25 USD 69.85 SRI LANKA DEVELOPMENT B 6.02 01/22/25 USD 68.44 SRI LANKA DEVELOPMENT B 5.98 01/22/25 USD 68.32 SRI LANKA DEVELOPMENT B 4.91 01/22/25 USD 65.35 SRI LANKA GOVERNMENT IN 5.75 04/18/23 USD 73.10 SRI LANKA GOVERNMENT IN 5.75 04/18/23 USD 72.81 SRI LANKA GOVERNMENT IN 6.85 03/14/24 USD 72.12 SRI LANKA GOVERNMENT IN 6.85 03/14/24 USD 71.96 SRI LANKA GOVERNMENT IN 6.35 06/28/24 USD 71.35 SRI LANKA GOVERNMENT IN 6.35 06/28/24 USD 71.30 SRI LANKA GOVERNMENT IN 6.85 11/03/25 USD 69.81 SRI LANKA GOVERNMENT IN 6.85 11/03/25 USD 69.79 SRI LANKA GOVERNMENT IN 6.13 06/03/25 USD 69.25 SRI LANKA GOVERNMENT IN 6.13 06/03/25 USD 69.21 SRI LANKA GOVERNMENT IN 6.83 07/18/26 USD 68.61 SRI LANKA GOVERNMENT IN 6.83 07/18/26 USD 68.39 SRI LANKA GOVERNMENT IN 7.85 03/14/29 USD 67.57 SRI LANKA GOVERNMENT IN 7.85 03/14/29 USD 67.43 SRI LANKA GOVERNMENT IN 7.55 03/28/30 USD 66.32 SRI LANKA GOVERNMENT IN 6.75 04/18/28 USD 66.31 SRI LANKA GOVERNMENT IN 7.55 03/28/30 USD 66.28 SRI LANKA GOVERNMENT IN 6.20 05/11/27 USD 66.26 SRI LANKA GOVERNMENT IN 6.75 04/18/28 USD 66.21 SRI LANKA GOVERNMENT IN 6.20 05/11/27 USD 66.09 SRILANKAN AIRLINES LTD 7.00 06/25/24 USD 67.64 THAILAND -------- MDX PCL 4.75 09/17/03 USD 22.88 G STEEL PCL 3.00 10/04/15 USD 0.55 ********* S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter-Asia Pacific is a daily newsletter co- published by Bankruptcy Creditors' Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA. Marites O. Claro, Joy A. Agravante, Rousel Elaine T. Fernandez, Julie Anne L. Toledo, Ivy B. Magdadaro and Peter A. Chapman, Editors. Copyright 2020. All rights reserved. ISSN: 1520-9482. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. TCR-AP subscription rate is US$775 for 6 months delivered via e- mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are US$25 each. For subscription information, contact Peter Chapman at 215-945-7000. *** End of Transmission ***