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       T R O U B L E D   C O M P A N Y   R E P O R T E R

                          E U R O P E

          Monday, November 4, 2019, Vol. 20, No. 220

                           Headlines



F I N L A N D

NOKIA CORP: S&P Alters Outlook to Negative & Affirms 'BB+' ICR


I R E L A N D

BANNA RMBS: S&P Assigns Prelim 'CCC' Rating on Class E Notes
CAIRN CLO VII: Fitch Affirms B-sf Rating on Class F Notes
CAIRN CLO VII: Moody's Affirms B2 Rating on EUR9.1MM Cl. F Notes
SHAMROCK RESIDENTIAL 2019-1: S&P Hikes Class G Notes Rating to 'B+'


I T A L Y

AUTOSTRADA BRESCIA: Fitch Affirms BB+ Rating on Sr. Sec. Bond
SUNRISE SPV: Fitch Assigns BBsf Rating on Class E Notes


N E T H E R L A N D S

BNPP AM 2017: Fitch Assigns B-sf Rating on Class F Notes
BNPP AM 2017: Moody's Hikes Rating on EUR9.4MM Class F Notes to B1
DRYDEN 73 2019: S&P Assigns Prelim B-(sf) Rating on Cl. F Notes
INTERXION HOLDING: Moody's Reviews B1 CFR for Upgrade


P O L A N D

PFLEIDERER GROUP: S&P Affirms 'B+' Long-Term ICR, Outlook Stable


P O R T U G A L

CAIXA ECONOMICA MONTEPIO: Fitch Affirms B+ LT IDR, Outlook Stable


R U S S I A

AGROPROMCREDIT: Moody's Affirms B2 LongTerm Deposit Rating
GLOBAL PORTS: Moody's Hikes CFR to Ba2, Outlook Stable


S P A I N

TDA 25 FTA: Fitch Affirms Csf Rating on 4 Tranches


U N I T E D   K I N G D O M

ARCADIA GROUP: Green Separates Topshop, Topman Logistics Operations
ARCADIA GROUP: Seeks to Raise GBP300MM to Repay Topshop Loan
CANADA SQUARE 2019-1: Moody's Rates GBP12.17MM Class X Notes 'B3'
CANADA SQUARE 2019-1: S&P Assigns Final BB+ Rating on Class X Notes
CASTELL PLC 2018-1: DBRS Confirms B (low) Rating on Class F Notes

DEBENHAMS PLC: Appoints Mark Gifford as New Chairman
FERGUSON MARINE: Scottish Government Takes Over Shipyard
KIER GROUP: Heavy Debts Targeted by Opportunistic Hedge Funds
THOMAS COOK: Fosun Tourism to Acquire Business for GBP11 Million
TOWD POINT 2017: S&P Raises Class E Notes Rating to BB+ (sf)

USIL EUROPEAN 36: DBRS Gives Prov. B (high) Rating on Class F Notes


X X X X X X X X

[*] BOND PRICING: For the Week October 28 to November 1, 2019
[*] UK: Underlying Corporate Insolvencies Up 1.6% in 3Q 2019

                           - - - - -


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F I N L A N D
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NOKIA CORP: S&P Alters Outlook to Negative & Affirms 'BB+' ICR
--------------------------------------------------------------
S&P Global Ratings revised its outlook on global telecom network
equipment vendor Nokia Corp. to negative and affirmed its 'BB+'
long-term issuer and issue ratings on Nokia and its unsecured
debt.

Nokia needs to step up investments in its 5G products during a
critical stage when market demand is ramping up.

Nokia lowered its guidance for operating margins and free cash flow
in 2019 and 2020 after a year-on-year decline in gross margins in
its Networks segment by about 500 basis points to about 29%
(excluding non-recurring items). This mainly reflects higher
product costs and the need for additional investments in its 5G
mobile access product portfolio. In S&P's updated base case, it
forecasts adjusted EBITDA margins of 8%-10% in 2019 and 10%-12% in
2020 compared with its previous forecast of 10%-12% in 2019 and
13%-16% in 2020. Nokia sees the need to scale up its investments in
so-called "system on a chip" technology for its 5G base station
products, the first generation of which so far relies on
field-programmable gate array (FPGA) chipsets. Although FPGA is
more flexible and supports a wider range of applications, the
technology is more expensive and has other disadvantages, such as
higher power consumption, which remains an important feature for
telecom operators deploying 5G. In S&P's view, this issue increases
the risk that the company may cede market share to competitors
during a period when key markets such the U.S. and several
countries in the Asia-Pacific region are stepping up their roll-out
of 5G networks, especially since the product improvements will take
time and continue throughout 2020. S&P thinks this could constrain
Nokia's growth prospects or profitability during the initial stage
of 5G roll-out. According to market research firm Dell'Oro, Nokia
was the number three player in the radio access network market in
2018 with a share of about 23%, after Ericsson's about 29% and
Huawei's roughly 31%.

Cash flow and credit metrics will likely suffer in the near term,
but market growth and other segments can support a recovery.

Lower profitability and higher investments are also clouding the
outlook for Nokia's cash flows and leverage, substantiated by the
company's expectation that its reported net cash position will
decline to about EUR1.5 billion at year-end 2019 from EUR3.1
billion in 2018. S&P said, "We now forecast unadjusted free
operating cash flow (FOCF) after lease payments of about negative
EUR600 million to negative EUR800 million in 2019, before turning
positive in 2020. This is well below our previous base case of
about break-even unadjusted FOCF after lease payments in 2019 and
more than EUR900 million next year. At the same time, we now
project adjusted debt to EBITDA to climb to 1.5x–2.0x in 2019
from 0.8x in 2018 on the back of lower EBITDA and FOCF."

S&P said, "However, provided Nokia successfully executes its
product improvements, we think it should be able to secure a fair
share of our projected radio access network (RAN) market growth of
1%-3% over 2020–2021, supporting EBITDA margin expansion of one
to three percentage points annually over this period and gradual
recovery of FOCF. Nokia should also benefit from the fact that most
initial 5G deployments will occur alongside existing 4G networks,
so that contracting a new 5G vendor would typically require
operators to swap their existing 4G equipment. We believe this
creates some stickiness in Nokia's existing client relationships
while it is making the necessary changes to its products.
Additionally, we think Nokia's Software and Technologies segments,
which we expect to account for about 70% of operating profit
(excluding group overheads and non-recurring items) in 2019,
somewhat offset the volatility in Networks and provide room for
earnings and cash flow growth."

Dividend suspension cushions the impact on discretionary cash flow
and underscores financial policy commitment.

S&P said, "We expect Nokia's decision to suspend its dividend will
help to maintain a solid balance sheet in the next 12-18 months,
partly offsetting the impact of weaker operating performance on
credit metrics. Having paid about EUR570 million of dividends up to
the third quarter of this year, we do not expect Nokia to resume
dividend payments before 2021. This compares with about the EUR2
billion of distributions we had assumed in our previous base case
in 2019–2020. Nokia's dividend policy is based on earnings before
exceptional items, which could materially weaken its cash position
when exceptional costs are high. However, the dividend suspension
indicates management's willingness to align distributions with the
company's free cash flows and cash position, in our view."

The negative outlook reflects the possibility of a one-notch
downgrade in the next 12-18 months if challenges with Nokia's
mobile access product portfolio and greater competition in this
segment jeopardize improvements in EBITDA margins and cash flow,
preventing FOCF to rebound.

S&P said, "We could lower the rating if Nokia fails to show steady
improvements in its FOCF, with moderately positive adjusted FOCF in
2020 and a path that leads to more than EUR500 million adjusted
FOCF annually from 2021, equivalent to our adjusted FOCF-to-debt
ratio of over 15%. We could also lower the rating if adjusted debt
to EBITDA remains above 1.5x, with funds from operations (FFO) to
debt below 60%. We think this could result from a combination of
increased competition and setbacks in addressing the challenges of
its mobile access product portfolio, compounded by sluggish
performance in other segments and higher-than-expected
restructuring costs.

"We could revise the outlook to stable if Nokia successfully adapts
its mobile access product portfolio while avoiding an erosion of
market share and continues to show constant-currency revenue growth
and improving profitability. This would support adjusted FOCF to
debt of more than 15% and adjusted debt to EBITDA well below
1.5x."




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BANNA RMBS: S&P Assigns Prelim 'CCC' Rating on Class E Notes
------------------------------------------------------------
S&P Global Ratings assigned preliminary credit ratings to Banna
RMBS DAC's class A, B-Dfrd, C-Dfrd, D-Dfrd, and E-Dfrd notes. At
closing, Banna RMBS will also issue unrated class Z notes.

S&P said, "Our preliminary ratings address the timely payment of
interest and the ultimate payment of principal on the class A notes
and the ultimate payment of interest and principal on the class
B-Dfrd to E-Dfrd notes. Our analysis confirms that, at the assigned
preliminary ratings, the rated notes pay timely senior fees and
accrued interest once a class of notes becomes the most-senior
class outstanding. At the assigned rating levels, our analysis also
confirms that interest that was previously deferred, including
accrued penalty interest, is repaid by the final maturity date. Our
preliminary ratings on the class B-Dfrd to E-Dfrd notes do not
address the ultimate repayment of the step-up margin."

The collateral comprises well-seasoned U.K. buy-to-let mortgages
originated by KBC Bank Ireland PLC, IIB Finance DAC, and Premier
Homeloans Ltd. to their Irish clients. Although the mortgage loans
were originally granted by Irish entities to predominantly Irish
residents, they are backed by residential properties located in the
U.K. (except for two properties located in the Republic of
Ireland).

At closing, the issuer will purchase the beneficial interest in the
portfolio of U.K. residential mortgages from the seller (Banna
Funding DAC), using the proceeds from the issuance of the rated
notes and the unrated class Z notes.

The transaction's capital structure has been set up based on the
June 30, 2019, pool cut-off date. Cash collections received from
the cut-off date until the first interest payment date will be
distributed to the noteholders in accordance with the
pre-enforcement payment priority.

Interest will be paid quarterly on the interest payment dates in
March, June, September, and December, beginning in December 2019.
The rated notes pay interest equal to daily Sterling Overnight
Index Average plus a class-specific margin with a further step up
in margin following the optional call date in June 2024. All of the
notes reach legal final maturity in December 2063. The unrated
class Z are zero coupon notes.

S&P said, "Our preliminary ratings on the class A to D-Dfrd notes
reflect the credit and cash flow stresses applied at the respective
rating levels. Our preliminary rating on the class E-Dfrd notes
stems from the application of our 'CCC' category ratings criteria.
We consider repayment of this class of notes to be dependent upon
favorable business, financial, and economic conditions, in view of
the currently high level of defaults and delinquencies in the pool,
and still increasing arrears trend.

"The issuer will be an Irish special-purpose entity, which we
assume to be bankruptcy remote for our credit analysis. We expect
to assign credit ratings on the closing date subject to a
satisfactory review of the final transaction documents and legal
opinions."

  Preliminary Ratings

  Class   Prelim. Rating   Prelim. amount
                             (GBP)
  A       AAA (sf)         79,900,000
  B-Dfrd  AA (sf)           7,800,000
  C-Dfrd  A+ (sf)           5,000,000
  D-Dfrd  BB+ (sf)          5,600,000
  E-Dfrd  CCC (sf)          3,400,000
  Z       NR               10,100,000

  NR--Not rated.


CAIRN CLO VII: Fitch Affirms B-sf Rating on Class F Notes
---------------------------------------------------------
Fitch Ratings assigned Cairn CLO VII refinancing notes final
ratings, while affirming the current ratings on the existing
notes.

RATING ACTIONS

Cairn CLO VII B.V.

Cl. A-1 XS1538264711;  LT PIFsf Paid In Full; previously AAAsf

Cl. A-1R XS2066880928; LT AAAsf New Rating;   previously AAA(EXP)sf


Cl. A-2 XS1538266682;  LT AAAsf Affirmed;     previously AAAsf

Cl. B XS1538266849;    LT AAsf Affirmed;      previously AAsf

Cl. C XS1538267060;    LT PIFsf Paid In Full; previously Asf

Cl. C-R XS2066883195;  LT Asf New Rating;     previously A(EXP)sf

Cl. D XS1538267490;    LT BBBsf Affirmed;     previously BBBsf

Cl. E XS1538267227;    LT BBsf Affirmed;      previously BBsf

Cl. F XS1538268381;    LT B-sf Affirmed;      previously B-sf

TRANSACTION SUMMARY

Cairn CLO VII B.V. is a cash-flow securitisation of mainly senior
secured obligations. Net proceeds from the refinancing notes are
being used to redeem the existing notes. The existing portfolio
will remain with an identical target par of EUR350 million. The
portfolio is managed by Cairn Loan Investments LLP. The
collateralised loan obligation (CLO) has a remaining 1.25 years
reinvestment period and a six-year weighted average life (WAL),
extended by nine months.

KEY RATING DRIVERS

'B' Portfolio Credit Quality

Fitch places the average credit quality of obligors in the 'B'
category. The Fitch-weighted average rating factor (WARF) of the
current portfolio is 32.13.

High Recovery Expectations

At least 90% of the portfolio comprises senior secured obligations.
Recovery prospects for these assets are typically more favourable
than for second-lien, unsecured and mezzanine assets. The weighted
average recovery rating (WARR) of the current portfolio is 64.6%.

Diversified Asset Portfolio

The maximum exposure to the top 10 obligors is subject to different
limits depending on the matrix selected by the manager. The
transaction also includes various concentration limits, including
the maximum exposure to the three-largest (Fitch-defined)
industries in the portfolio at 40%. These covenants ensure that the
asset portfolio will not be exposed to excessive concentration.

Portfolio Management

The transaction has a 1.25-year reinvestment period and includes
reinvestment criteria similar to other European transactions.
Fitch's analysis is based on a stressed-case portfolio with the aim
of testing the robustness of the transaction structure against its
covenants and portfolio guidelines.

Cash Flow Analysis

Up to 5% of the portfolio can be invested in fixed-rate assets,
while fixed-rate liabilities represent 2.9% of the target par.
Fitch modelled both 0% and 5% fixed-rate buckets and found that the
rated notes can withstand the interest rate mismatch associated
with each scenario.

RATING SENSITIVITIES

A 125% default multiplier applied to the portfolio's mean default
rate, and with this increase added to all rating default levels,
would lead to a downgrade of up to two notches for the rated notes.
A 25% reduction in recovery rates would lead to a downgrade of up
to four notches for the rated notes.


CAIRN CLO VII: Moody's Affirms B2 Rating on EUR9.1MM Cl. F Notes
----------------------------------------------------------------
Moody's Investors Service announced that it has assigned the
following definitive ratings to refinancing notes issued by Cairn
CLO VII B.V.:

  EUR203,900,000 Class A-1 Senior Secured Floating Rate Notes due
  2030, Definitive Rating Assigned Aaa (sf)

  EUR19,700,000 Class C Senior Secured Deferrable Floating Rate
  Notes due 2030, Definitive Rating Assigned A2 (sf)

At the same time, Moody's affirmed the ratings of the outstanding
notes which have not been refinanced:

  EUR10,000,000 Class A-2 Senior Secured Fixed Rate Notes due
  2030, Affirmed Aaa (sf); previously on Feb 8, 2017 Definitive
  Rating Assigned Aaa (sf)

  EUR40,800,000 Class B Senior Secured Floating Rate Notes due
  2030, Affirmed Aa2 (sf); previously on Feb 8, 2017 Definitive
  Rating Assigned Aa2 (sf)

  EUR17,900,000 Class D Senior Secured Deferrable Floating Rate
  Notes due 2030, Affirmed Baa2 (sf); previously on Feb 8,
  2017 Definitive Rating Assigned Baa2 (sf)

  EUR22,400,000 Class E Senior Secured Deferrable Floating Rate
  Notes due 2030, Affirmed Ba2 (sf); previously on Feb 8, 2017
  Definitive Rating Assigned Ba2 (sf)

  EUR9,100,000 Class F Senior Secured Deferrable Floating Rate
  Notes due 2030, Affirmed B2 (sf); previously on Feb 8, 2017
  Definitive Rating Assigned B2 (sf)

RATINGS RATIONALE

The rationale for the ratings are based on a consideration of the
risks associated with the CLO's portfolio and structure as
described in its methodology.

The Issuer issued the refinancing notes in connection with the
refinancing of the following classes of notes: Class A-1 Notes and
Class C Notes due 2030, previously issued on February 8, 2017. On
the refinancing date, the Issuer has used the proceeds from the
issuance of the refinancing notes to redeem in full the Original
Notes.

On the Original Closing Date, the Issuer also issued EUR 10 million
Class A-2 Notes, EUR 40.8 million Class B Notes, EUR 17.9 million
Class D Notes, EUR 22.4 million Class E Notes, EUR 9.1 million
Class F Notes, EUR 17.65 million of M-1 and EUR 21.12 million of
M-2 subordinated notes, which will remain outstanding.

As part of this refinancing, the Issuer has extended the Weighted
Average Life Test by 9 months. In addition, the Issuer has amended
the base matrix and modifiers that Moody's has taken into account
for the assignment of the definitive ratings.

The Issuer is a managed cash flow CLO. At least 90% of the
portfolio must consist of secured senior loans or senior secured
bonds and up to 10% of the portfolio may consist of unsecured
senior loans, second-lien loans, high yield bonds and mezzanine
loans. The underlying portfolio is fully ramped as of the closing
date.

Cairn Loan Investments LLP will manage the CLO. It will direct the
selection, acquisition and disposition of collateral on behalf of
the Issuer and may engage in trading activity, including
discretionary trading, during the transaction's 1.25-year
reinvestment period. Thereafter, subject to certain restrictions,
purchases are permitted using principal proceeds from unscheduled
principal payments and proceeds from sales of credit risk
obligations and credit improved obligations.

The transaction incorporates interest and par coverage tests which,
if triggered, divert interest and principal proceeds to pay down
the notes in order of seniority.

Methodology Underlying the Rating Action:

The principal methodology used in these ratings was "Moody's Global
Approach to Rating Collateralized Loan Obligations" published in
March 2019.

Factors that would lead to an upgrade or downgrade of the ratings:

The rated notes' performance is subject to uncertainty. The notes'
performance is sensitive to the performance of the underlying
portfolio, which in turn depends on economic and credit conditions
that may change. The collateral manager's investment decisions and
management of the transaction will also affect the notes'
performance.

Moody's modeled the transaction using a cash flow model based on
the Binomial Expansion Technique, as described in Section 2.3 of
the "Moody's Global Approach to Rating Collateralized Loan
Obligations" rating methodology published in March 2019.

Moody's used the following base-case modeling assumptions:

Par Amount: EUR 349,826,809

Defaulted Par: EUR 0

Diversity Score*: 39

Weighted Average Rating Factor (WARF): 2935

Weighted Average Spread (WAS): 3.70%

Weighted Average Coupon (WAC): 5.25%

Weighted Average Recovery Rate (WARR): 43%

Weighted Average Life (WAL): 6 years

(*) The covenanted base case Diversity Score is 40, however Moody's
has assumed a diversity score of 39 as the transaction
documentation allows for the diversity score to be rounded up to
the nearest whole number whereas usual convention is to round down
to the nearest whole number.

Moody's has addressed the potential exposure to obligors domiciled
in countries with local currency ceiling (LCC) of A1 or below. As
per the portfolio constraints and eligibility criteria, exposures
to countries with LCC of A1 to A3 cannot exceed 10% and obligors
cannot be domiciled in countries with LCC below A3.


SHAMROCK RESIDENTIAL 2019-1: S&P Hikes Class G Notes Rating to 'B+'
-------------------------------------------------------------------
S&P Global Ratings raised its credit ratings on Shamrock
Residential 2019-1 DAC's class B-Dfrd to G-Dfrd notes, and affirmed
its rating on the class A notes.

S&P said, "The rating actions follow the implementation of our
revised criteria and assumptions for assessing pools of Irish
residential loans. They also reflect our full analysis of the most
recent transaction information that we have received and the
transaction's structural features.

"Upon revising our Irish RMBS criteria, we placed our ratings on
the class B-Dfrd to G-Dfrd notes under criteria observation.
Following our review of the transaction's performance and the
application of our updated criteria for rating Irish RMBS
transactions, our ratings on these notes are no longer under
criteria observation."

Elavon Financial Services DAC provides the issuer transaction
account. Additionally, borrowers pay into the collection accounts
held with Allied Irish Banks PLC and The Governor and Company of
the Bank of Ireland. The issuer benefits from an interest rate cap
provided by BNP Paribas S.A. Appropriate downgrade language for all
counterparties is in place to ensure replacement in line with our
current counterparty criteria, and therefore the maximum supported
rating on the notes is 'AAA (sf)'.

S&P said, "After applying our updated Irish RMBS criteria, the
overall effect in our credit analysis results in a decrease in the
weighted-average foreclosure frequency (WAFF) and weighted-average
loss severity (WALS). The WAFF has decreased mainly due to the
application of our updated reperforming loans adjustment and the
decreased of our archetypal foreclosure frequency anchors at all
rating levels. Our WALS assumptions have decreased at all rating
levels driven mainly by the revised jumbo valuation thresholds."

  Credit Analysis Results
  Rating level    WAFF (%)    WALS (%)
   AAA            63.76       40.42
   AA             46.42       35.95
   A              36.60       28.45
   BBB            25.30       24.37
   BB             12.89       21.50
   B              10.38       18.94

  WAFF--Weighted-average foreclosure frequency.
  WALS--Weighted-average loss severity.

S&P said, "The results of our cash flow analysis support the
currently assigned rating on the class A notes. We have therefore
affirmed our 'AAA (sf)' rating on this class of notes.

"The class B-Dfrd notes pass our credit and cash flow stresses at
the 'AAA' level. However, we consider that the deferrable nature of
the notes is not consistent with our 'AAA' ratings definition. We
have therefore raised to 'AA+ (sf)' from 'AA (sf)' our rating on
this class of notes.

"Our analysis indicates that the class C-Dfrd to G-Dfrd notes could
withstand our stresses at higher ratings than those currently
assigned. However the ratings on these classes of notes are
constrained by additional factors. Specifically, we considered the
very high level of arrears that the transaction suffered during the
global financial crisis and the pool's high level of restructuring
loans, which makes these type of borrowers more vulnerable to
default. Additionally, we considered the available credit
enhancement for these notes, and their relative positions in the
capital structure. Finally, we also considered the interest-only
exposure in the pool and the sensitivity of these classes of notes
to tail-end risk. We have therefore raised to 'AA (sf)', 'A (sf)',
'BBB (sf)', 'BB (sf)', and 'B+ (sf)', from 'A+ (sf)', 'BBB+ (sf)',
'BB'(sf)', 'B (sf)', and 'B- (sf)' our ratings on the class C-Dfrd,
D-Dfrd, E-Dfrd, F-Dfrd, and G-Dfrd notes, respectively."

Shamrock Residential 2019-1 DAC is an Irish reperforming RMBS
transaction that closed in July 2019.




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AUTOSTRADA BRESCIA: Fitch Affirms BB+ Rating on Sr. Sec. Bond
-------------------------------------------------------------
Fitch Ratings affirmed Autostrada Brescia Verona Vicenza Padova's
senior secured bond rating at 'BB+' with a Stable Outlook. Fitch
has simultaneously withdrawn the rating and will no longer provide
a rating or analytical coverage of the bond.

RATING RATIONALE

The affirmation reflects finalisation of the pre-funding for the
EUR400 million bond, which expires in March 2020 and Fitch
understands will not be refinanced in capital markets. It will be
repaid from a combination of available cash - around EUR250 million
at September 2019 - and a new term loan signed in September 2019 -
EU 200 million still to be drawn.

Fitch has chosen to withdraw the ratings of ABVP's bond for
commercial reasons

KEY RATING DRIVERS

Asset Description

ABVP is a pure toll road operator managing a small network of 235km
under a single concession maturing in 2026.

PEER GROUP

ABVP is not directly comparable with any peer. Its transaction
structure is fully based on the TV payment at concession maturity
rather than the usual path of debt-funded capex and subsequent debt
repayment by free cash flow available by concession maturity.

RATING SENSITIVITIES

Not applicable

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of 3. This means ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or to the way in which they are being
managed by the entity.


SUNRISE SPV: Fitch Assigns BBsf Rating on Class E Notes
-------------------------------------------------------
Fitch Ratings assigned Sunrise SPV Z80 S.r.l. - Series 2019-2's
asset-backed securities the following final ratings:

Class A notes: 'AAsf'; Outlook Negative

Class B notes: 'Asf'; Outlook Stable

Class C notes: 'BBB+sf'; Outlook Stable

Class D notes: 'BBB-sf'; Outlook Stable

Class E notes: 'BBsf'; Outlook Stable

Class M notes: 'NRsf'

The transaction is a one-year revolving securitisation of unsecured
consumer loans granted to private customers by Agos Ducato S.p.A.
(Agos, A-/Stable/F1). This is the 17th public securitisation of
unsecured consumer loans originated by Agos.

The proceeds of the issuance of the euro-denominated notes have
been used to fund the purchase of a portfolio of personal loans and
loans that funded the purchase of vehicles, furniture or other
goods. Part of the proceeds has been used to fund a cash reserve
and a liquidity reserve. The class A notes pay a floating rate and
the other notes pay a fixed interest rate.

KEY RATING DRIVERS

Mainly Unsecured Personal Loans

Most of the portfolio (limited to 80% by concentration through the
revolving period, in line with Sunrise SPV Z70 S.r.l.'s) consists
of personal loans, which have greater historical loss rates than
other consumer loan products. In line with the Italian consumer
lending market, the originator only has unsecured recourse against
the obligor upon the latter's default.

Performance in Line With Peers'

Fitch expects a weighted-average (WA) lifetime portfolio default
rate of 8.1% and a WA recovery rate of 10.3%. The assumptions -
derived over the stressed portfolio composition at the end of the
revolving period - are based on the originator's historical
performance and unchanged from Sunrise SPV Z70's.

Revolving Period Risk Addressed

Fitch has applied a WA stress multiple of 4.3x at 'AAsf' to
expected default rates, in line with Sunrise SPV Z70's. The agency
believes that revolving conditions are adequate and addressed by
default stress multiples.

High Excess Spread

During the revolving period, the transaction will benefit from a
minimum positive portfolio yield of 7%. This contributes to an
increase of the cash reserve towards its post-closing target of
2.5% of the current portfolio balance barring defaulted loans (from
0.5% of the initial portfolio funded at closing).

Sovereign Cap

The rating of the class A notes is capped at 'AAsf' by the maximum
achievable rating for Italian structured finance transactions at
six notches above the rating of Italy (BBB/Negative/F2). The
Negative Outlook on this tranche reflects that on the sovereign.

RATING SENSITIVITIES

Rating sensitivities to increased default assumptions by 10% / 25%
/ 50%:

Class A notes: 'AA-sf' / 'Asf' / 'A-sf'

Class B notes: 'Asf' / 'BBB+sf' / 'BBBsf'

Class C notes: 'BBBsf' / 'BBB-sf' / 'BB+sf'

Class D notes: 'BB+sf' / 'BBsf' / 'B+sf'

Class E notes: 'BB-sf' / 'Bsf' / 'NRsf'

Rating sensitivities to decreased recovery assumptions by 10% / 25%
/ 50%:

Class A notes: 'AAsf' / 'AAsf' / 'AA-sf'

Class B notes: 'Asf' / 'Asf' / 'Asf'

Class C notes: 'BBB+sf' / 'BBB+sf' / 'BBB+sf'

Class D notes: 'BBB-sf' / 'BB+sf' / 'BB+sf'

Class E notes: 'BBsf' / 'BB-sf' / 'BB-sf'

Rating sensitivities to increased default and decreased recovery
assumptions by 10% / 25% / 50%:

Class A notes: 'AA-sf' / 'Asf' / 'BBB+sf'

Class B notes: 'Asf' / 'BBB+sf' / 'BBBsf'

Class C notes: 'BBBsf' / 'BBB-sf' / 'BBsf'

Class D notes: 'BB+sf' / 'BBsf' / 'B+sf'

Class E notes: 'B+sf' / 'Bsf' / 'NRsf'




=====================
N E T H E R L A N D S
=====================

BNPP AM 2017: Fitch Assigns B-sf Rating on Class F Notes
--------------------------------------------------------
Fitch Ratings assigned BNPP AM Euro CLO 2017 B.V.'s refinancing
notes final ratings and affirmed the others as detailed.

RATING ACTIONS

BNPP AM Euro CLO 2017 B.V.

Class A-R;            LT AAAsf New Rating; previously AAA(EXP)sf

Class B XS1646366663; LT AAsf Affirmed;    previously AAsf

Class C XS1646367711; LT Asf Affirmed;     previously Asf

Class D XS1646368016; LT BBBsf Affirmed;   previously BBBsf

Class E XS1646368289; LT BBsf Affirmed;    previously BBsf

Class F XS1646368362; LT B-sf Affirmed;    previously B-sf

TRANSACTION SUMMARY

BNPP AM EURO CLO 2017 is a securitisation of mainly senior secured
loans (at least 95%) with a component of senior unsecured,
mezzanine and second-lien loans. Net proceeds from the refinancing
notes are being used to redeem the old notes. The portfolio is
managed by BNP Paribas Asset Management France SAS and is still in
its reinvestment period, which expires in January 2021.

KEY RATING DRIVERS

High Recovery Expectations

At least 95% of the portfolio comprises senior secured obligations.
Fitch views the recovery prospects for these assets as more
favorable than for second-lien, unsecured and mezzanine assets. The
Fitch-weighted average recovery rate (WARR) of the identified
portfolio is 65.84%.

Diversified Asset Portfolio

The transaction also includes limit to 10 obligors at 22.5%, a
maximum industry exposure for the largest (Fitch-defined) industry
covenanted at 17.5% and a maximum exposure to the three-largest
(Fitch-defined) industries covenanted at 40%. These covenants
ensure that the asset portfolio will not be exposed to excessive
concentration.

Limited Interest Rate Risk

Interest rate risk is naturally hedged for the portfolio as there
are no fixed-rate liabilities and the manager is not allowed to
invest in fixed-rate obligations.

Portfolio Management

The transaction features a two-year reinvestment period and
weighted average life of 7.25 years. The reinvestment criterion is
similar to other European transactions. Fitch's analysis is based
on a stressed-case portfolio with the aim of testing the robustness
of the transaction structure against its covenants and portfolio
guidelines.

Cash Flow Analysis

Fitch used a customised proprietary cash flow model to replicate
the principal and interest waterfalls and the various structural
features of the transaction, and to assess their effectiveness,
including the structural protection provided by excess spread
diverted through the par value and interest coverage tests.

Extended Weighted Average Life (WAL)

On the refinancing date, the issuer will extend the WAL covenant by
1.25 years to 7.25 years as part of the refinancing of the notes
and update the Fitch matrix. Fitch tested all the points in the
matrix based on the extended WAL covenant.

Hedged Non-Euro Asset Exposure

The transaction is permitted to invest up to 20% of the portfolio
in non-euro assets, provided perfect asset swaps are entered into.

RATING SENSITIVITIES

A 25% default multiplier applied to the portfolio's mean default
rate, and with this increase added to all rating default levels,
would lead to a downgrade of up to two notches for the rated notes.
A 25% reduction in recovery rates would lead to a downgrade of up
to two notches for the rated notes.


BNPP AM 2017: Moody's Hikes Rating on EUR9.4MM Class F Notes to B1
------------------------------------------------------------------
Moody's Investors Service announced that it has assigned the
following definitive rating to refinancing notes issued by BNPP AM
Euro CLO 2017 B.V.:

  EUR215,250,000 Class A-R Senior Secured Floating Rate Notes
  due 2031, Definitive Rating Assigned Aaa (sf)

At the same time, Moody's upgraded the rating of the outstanding
Class F Notes which have not been refinanced:

  EUR9,450,000 Class F Senior Secured Deferrable Floating Rate
  Notes due 2031, Upgraded to B1 (sf); previously on Sep 12, 2017
  Definitive Rating Assigned B2 (sf)

Moody's has also affirmed the ratings on the following notes:

  EUR38,500,000 Class B Senior Secured Floating Rate Notes due
  2031, Affirmed Aa2 (sf); previously on Sep 12, 2017 Definitive
  Rating Assigned Aa2 (sf)

  EUR20,500,000 Class C Senior Secured Deferrable Floating Rate
  Notes due 2031, Affirmed A2 (sf); previously on Sep 12, 2017
  Definitive Rating Assigned A2 (sf)

  EUR17,500,000 Class D Senior Secured Deferrable Floating Rate
  Notes due 2031, Affirmed Baa2 (sf); previously on Sep 12, 2017
  Definitive Rating Assigned Baa2 (sf)

  EUR22,850,000 Class E Senior Secured Deferrable Floating Rate
  Notes due 2031, Affirmed Ba2 (sf); previously on Sep 12, 2017
  Definitive Rating Assigned Ba2 (sf)

RATINGS RATIONALE

The rationale for the ratings is based on a consideration of the
risks associated with the CLO's portfolio and structure as
described in its methodology. In addition, the upgrade to the
rating on the Class F Notes is primarily a result of the increase
of excess spread available as credit enhancement to the notes.

The Issuer has issued the refinancing notes in connection with the
refinancing of the Class A Notes due 2031, previously issued on
September 12, 2017. On the refinancing date, the Issuer used the
proceeds from the issuance of the refinancing notes to redeem in
full the Original Notes.

On the Original Closing Date, the Issuer also issued Class B, Class
C, Class D, Class E and Class F Notes and EUR 37.6 million of
subordinated notes which are not refinanced and will remain
outstanding following the refinancing date. The terms and
conditions of these notes will be amended in accordance with the
refinancing notes' conditions.

As part of this refinancing, the Issuer has increased the weighted
average life by 15 months to 7.12 years and it has amended certain
concentration limits, definitions and features. In addition, the
Issuer has amended the base matrix and modifiers that Moody's has
taken into account in its analysis.

The Issuer is a managed cash flow CLO. At least 95% of the
portfolio must consist of secured senior loans and up to 5% of the
portfolio may consist of unsecured senior loans, second-lien loans
and mezzanine loans. The underlying portfolio is expected to be
fully ramped as of the closing date.

BNP PARIBAS ASSET MANAGEMENT France SAS manages the CLO. It directs
the selection, acquisition and disposition of collateral on behalf
of the Issuer and may engage in trading activity, including
discretionary trading, during the transaction's remaining two-year
reinvestment period. Thereafter, subject to certain restrictions,
purchases are permitted using principal proceeds from unscheduled
principal payments and proceeds from sales of credit risk
obligations and credit improved obligations.

The transaction incorporates interest and par coverage tests which,
if triggered, divert interest and principal proceeds to pay down
the notes in order of seniority.

Methodology Underlying the Rating Action:

The principal methodology used in these ratings was "Moody's Global
Approach to Rating Collateralized Loan Obligations" published in
March 2019.

Factors that would lead to an upgrade or downgrade of the ratings:

The rated notes' performance is subject to uncertainty. The notes'
performance is sensitive to the performance of the underlying
portfolio, which in turn depends on economic and credit conditions
that may change. The collateral manager's investment decisions and
management of the transaction will also affect the notes'
performance.

Moody's modeled the transaction using a cash flow model based on
the Binomial Expansion Technique, as described in Section 2.3 of
the "Moody's Global Approach to Rating Collateralized Loan
Obligations" rating methodology published in March 2019.

Moody's used the following base-case modeling assumptions:

Target Par Amount: EUR 350,000,000

Defaulted Par: EUR 0 as of 3rd October 2019

Diversity Score: 37

Weighted Average Rating Factor (WARF): 2930

Weighted Average Spread (WAS): 3.6%

Weighted Average Coupon (WAC): n/a

Weighted Average Recovery Rate (WARR): 43.5%

Weighted Average Life (WAL): 7.12 years

Moody's has addressed the potential exposure to obligors domiciled
in countries with local currency ceiling (LCC) of A1 or below. As
per the portfolio constraints and eligibility criteria, exposures
to countries with LCC of A1 to A3 cannot exceed 10% and obligors
cannot be domiciled in countries with LCC below A3.


DRYDEN 73 2019: S&P Assigns Prelim B-(sf) Rating on Cl. F Notes
---------------------------------------------------------------
S&P Global Ratings has assigned preliminary credit ratings to
Dryden 73 Euro CLO 2019 B.V.'s class A-1, A-2, B-1, B-2, C-1, C-2,
D, E, and F notes. At closing, the issuer will also issue unrated
subordinated notes.

This is a European cash flow CLO transaction, securitizing a pool
of primarily syndicated senior secured loans or bonds. The
transaction will be managed by PGIM Ltd., an indirect wholly owned
subsidiary of PGIM Inc., which itself is an indirect wholly owned
subsidiary and the principal asset management business of
Prudential Financial Inc. (PFI).

The preliminary ratings assigned to the transaction's notes reflect
S&P's assessment of:

-- The diversified collateral pool, which consists primarily of
broadly syndicated speculative-grade senior secured term loans and
bonds that are governed by collateral quality tests.

-- The credit enhancement provided through the subordination of
cash flows, excess spread, and overcollateralization.

-- The collateral manager's experienced team, which can affect the
performance of the rated notes through collateral selection,
ongoing portfolio management, and trading.

-- The transaction's legal structure, which is expected to be
bankruptcy remote.

-- The transaction's counterparty risks, which S&P expects to be
in line with its counterparty rating framework.

Under the transaction documents, the rated notes will pay quarterly
interest unless there is a frequency switch event. Following this,
the notes will permanently switch to semiannual payment. S&P notes
that interest proceeds from semiannual obligations will not be
trapped in the smoothing account for so long as any of the
following apply; (i) the aggregate principal amount of semiannual
obligations is less or equal to 5%, or (ii) the aggregate principal
amount of semiannual obligations is less or equal to 15% (excluding
any payments from semiannual obligations), and the class F interest
coverage ratio is equal to or exceeds 120% (excluding any payments
from semiannual obligations).

The portfolio's reinvestment period will end approximately four and
a half years after closing, and the portfolio's maximum average
maturity date will be eight and a half years after closing.

S&P said, "Our preliminary ratings reflect our assessment of the
preliminary collateral portfolio's credit quality, which has a
weighted-average 'B' rating, with an S&P Global Ratings'
weighted-average rating factor (SPWARF) of 2,571. We consider that
the portfolio on the effective date will be well-diversified,
primarily comprising broadly syndicated speculative-grade senior
secured term loans and senior secured bonds. Therefore, we have
conducted our credit and cash flow analysis by applying our
criteria for corporate cash flow collateralized debt obligations.

"In our cash flow analysis, we used the EUR400 million target par
amount, the covenanted weighted-average spread (3.95%), the
covenanted weighted-average coupon (4.30%), and the covenanted
weighted-average recovery rates for all rating levels. As the
portfolio is being ramped, we have considered the portfolio's
indicative spreads and recovery rates.

"We applied various cash flow stress scenarios, using four
different default patterns, in conjunction with different interest
rate stress scenarios for each liability rating category.

"Elavon Financial Servies DAC is the bank account provider and
custodian. At closing, we anticipate that the documented downgrade
remedies will be in line with our current counterparty criteria.

"Under our structured finance ratings above the sovereign criteria,
the transaction's exposure to country risk is sufficiently
mitigated at the assigned preliminary rating levels.

"At closing, we consider that the issuer will be bankruptcy remote,
in accordance with our European legal criteria.

"Our cash flow analysis also considers scenarios where the
underlying pool comprises 100% of floating-rate assets (i.e., the
fixed-rate bucket is 0%) and where the fixed-rate bucket is fully
utilized (in this case, 20%). In both these scenarios, we note that
the class F cushion is (0.65%) and (0.67%), respectively. Based on
the actual characteristics of the portfolio and additional
overlaying factors, including our long-term corporate default rates
and the class F notes' credit enhancement (6.75%), this class is
able to sustain a steady-state scenario, where the current market
level of stress and collateral performance remains steady.
Consequently, we have assigned our 'B- (sf)' rating to the class F
notes, in line with our criteria.

"Our credit and cash flow analysis indicates that the available
credit enhancement for the class B to E notes could withstand
stresses commensurate with higher rating levels than those we have
assigned. However, as the CLO is still in its reinvestment phase,
during which the transaction's credit risk profile could
deteriorate, we have capped our assigned ratings on the notes.

"In our view, the portfolio is granular in nature, and
well-diversified across obligors, industries, and asset
characteristics when compared to other CLO transactions we have
rated recently. As such, we have not applied any additional
scenario and sensitivity analysis when assigning preliminary
ratings to any classes of notes in this transaction.

"Following our analysis of the credit, cash flow, counterparty,
operational, and legal risks, we believe our preliminary ratings
are commensurate with the available credit enhancement for each
class of notes."

Ratings List

Class  Prelim.    Prelim.   Subordination  Interest rate*      
        Rating     amount         (%)
                   (mil. EUR)  
A-1    AAA (sf)   228.00       40.00     Three/six-month EURIBOR
                                            plus 0.94%

A-2    AAA (sf)   12.00        40.00     1.15%

B-1    AA (sf)    24.00        28.50     Three/six-month EURIBOR

                                            plus 1.81%

B-2    AA (sf)    22.00        28.50     2.15%

C-1    A (sf)     8.50         21.38     Three/six-month EURIBOR
                                            plus 2.35%

C-2    A (sf)     20.00        21.38     2.60%

D      BBB (sf)   23.50        15.50     Three/six-month EURIBOR
                                            plus 4.25%

E      BB- (sf)   24.00        9.50      Three/six-month EURIBOR
                                            plus 6.82%

F      B- (sf)    11.00        6.75      Three/six-month EURIBOR
                                            plus 9.26%

Sub    NR         39.375    N/A          N/A

NR--Not rated.
N/A--Not applicable.
*The payment frequency switches to semiannual and
  the index switches to six-month LIBOR when a
  frequency switch event occurs.
LIBOR--London Interbank Offered Rate.
EURIBOR--Euro Interbank Offered Rate.


INTERXION HOLDING: Moody's Reviews B1 CFR for Upgrade
-----------------------------------------------------
Moody's Investors Service placed under review for upgrade the B1
corporate family rating, the B1-PD probability of default rating
and the B1 rating on the EUR1.2 billion senior unsecured notes due
2025 of Interxion Holding N.V.'s.

The review follows the announcement that Digital Realty Trust, Inc.
has agreed to acquire Interxion, for an enterprise value of around
USD8.4 billion, equivalent to a Moody's estimated 25x EV to EBITDA
multiple (excluding synergies). Under the terms of the agreement,
Interxion's shareholders will receive 0.7067 Digital Realty shares
per Interxion share, giving Interxion's shareholders an equity
stake of the combined company of around 20%. The transaction is
expected to close in 2020 and is subject to the approval of
Interxion's and Digital Realty's shareholders and regulatory
approvals.

Digital Realty expects to refinance Interxion's debt assumed in the
transaction with a combination of investment grade corporate bonds
and proceeds from other financings. Moody's understands that the
Change of Control clause under the notes will not be activated
unless a rating downgrade on the notes by any agency results from
this transaction.

"We are placing Interxion's ratings on review for upgrade because,
if the transaction concludes as planned, Interxion will become part
of Digital Realty, a larger global provider of data center,
colocation and interconnection solutions, with a stronger credit
quality," says Agustin Alberti, a Moody's Vice President -- Senior
Analyst and lead analyst for Interxion.

RATINGS RATIONALE

A successful acquisition of Interxion by Digital Realty would be
credit positive for Interxion as the company would be owned by a
much larger and significantly higher rated company, which could
repay Interxion's existing debt or refinance it at more favourable
rates.

Additionally, Interxion would benefit from Digital Realty's global
as well as its complementary European footprint, enhancing its
ability to access capital and serve multinational customers on a
global scale. In addition, some synergies are expected to be
realized from cost efficiency measures. Moody's estimates that
Interxion would represent around 15% of the combined company's
revenues and EBITDA.

The review process would focus on (1) the benefits to Interxion's
business profile derived from the proposed acquisition by Digital
Realty, and (2) the future financial profile of Interxion post
acquisition.

Interxion's final rating will incorporate its standalone credit
profile, as well as some possible uplift that will depend on the
degree of explicit or implicit support from Digital Realty.

WHAT COULD CHANGE THE RATINGS UP/DOWN

A near-term upgrade of Interxion's ratings is dependent on the
successful conclusion of its acquisition by Digital Realty, which
is subject to the approval of Interxion's and Digital Realty's
shareholders, regulatory approvals, and other customary closing
conditions with the transaction expected to close in 2020. The
ratings could be confirmed at the existing level should the deal
fail to conclude at the agreed terms.

As Moody's had noted prior to the review process, downwards rating
pressure could develop if Moody's adjusted gross Debt/EBITDA ratio
is higher than 5.5x on a sustained basis. Downward pressure could
also arise if the company fails to deliver a steady operating
performance in terms of revenue and EBITDA growth, or if liquidity
deteriorates.

Prior to the review process, Moody's said that upwards rating
pressure could arise if Moody's adjusted Gross Debt / EBITDA
decreases below 4.5x, and if the company continues to use equity to
fund annual cash deficits.

LIST OF AFFECTED RATINGS

Issuer: Interxion Holding N.V.

On Review for Upgrade:

  Probability of Default Rating, currently B1-PD

  Long-term Corporate Family Rating, currently B1

  Senior Unsecured Regular Bond/Debenture, currently B1

Outlook Actions:

  Outlook, Changed To Rating Under Review From Stable

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Communications
Infrastructure Industry published in September 2017.

COMPANY PROFILE

Interxion Holding N.V. (Interxion) is a provider of carrier-neutral
internet data center services and leases out co-location space in
53 data centers across 13 markets located in 11 European countries,
offering its customers power, cooling and a secure environment to
house their servers, network, storage and IT infrastructure. The
company has 154,800 square meters of equipped space across its
footprint. In the 12 months ended June 30, 2019, Interxion reported
revenue of EUR599 million and adjusted EBITDA of EUR291 million.




===========
P O L A N D
===========

PFLEIDERER GROUP: S&P Affirms 'B+' Long-Term ICR, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings said affirmed its 'B+' long-term issuer credit
rating on Poland-based wood panels producer Pfleiderer Group S.A.
and its 'B+' rating on its senior secured facilities.

The affirmation reflects S&P's expectation that Pfleiderer's credit
measures will underperform its previous forecast, but remain
commensurate with a 'B+' issuer credit rating.

During the first half of 2019, Pfleiderer's S&P Global
Ratings-adjusted EBITDA margin was low at about 10% (down from 14%
in 2018). EBITDA was squeezed by exceptional costs linked to cost
reduction initiatives (EUR9 million), lower volumes (EUR10
million), and raw material price increases (EUR6 million), which
the company was not able to pass on to customers. These impacts
were partly offset by lower selling, general, and administrative
expenses.

S&P said, "We expect the company's operating performance to be
stronger in the second half of the year and full-year 2019 adjusted
EBITDA margins to be around 12%. We forecast lower prices of
chemicals and wood raw materials for the second half of the year,
and a seasonal uplift in sales.

"Despite negative FOCF generation in the first half of 2019, we
expect positive FOCF of around EUR35 million for 2019. FOCF will be
supported by higher EBITDA and better inventory management. This
should result in adjusted leverage of 4.5x by year-end 2019.

"In 2020, we do not anticipate any material exceptional costs and
we forecast stronger EBITDA margins, albeit below our previous
forecasts. We currently forecast EBITDA of about EUR135 million for
2020, compared with our previous expectation of about EUR160
million. Our FOCF forecasts are broadly in line with our previous
expectations of about EUR35 million because of lower capex from
2020 onward."

The Pfleiderer group is now fully controlled by Strategic Value
Partners (SVPGlobal), a financial sponsor. S&P's financial policy
assessment reflects the fact that SVPGlobal is unlikely to
undertake debt-funded shareholder returns in the near term and
adjusted leverage will remain below 5x.

Pfleiderer's business risk profile remains constrained by the
commoditized nature of its products, its exposure to changes in raw
material prices, and the inherent cyclicality of demand. Pfleiderer
has leading market positions in Germany and Poland (especially in
raw and higher value-added particleboard and medium-density
fiberboard [MDF]).

Pfleiderer's profitability is constrained by changes in the
economic environment and its ability to implement price-increase
and cost-saving initiatives. That said, we expect Pfleiderer to
continue to benefit from its low-cost base in Poland, its focus on
value-added products, and the ongoing integration of the German and
Polish business units.

S&P said, "The stable outlook reflects our expectation that
Pfleiderer will generate material positive FOCF in 2019. For 2019,
we expect adjusted EBITDA margins of 12% for 2019 and funds from
operations (FFO) to debt of about 16.5%. We expect the group's
financial policy to support a debt-to-EBITDA to ratio no higher
than 4.5x.

"We could lower the rating if cash flow generation failed to
improve materially in 2019 leading to negative FOCF, adjusted debt
to EBITDA of more than 4.5x, or FFO to debt below 16%. We could
also lower the rating if the group's liquidity position
deteriorated or its covenant headroom tightened materially.

"We could also lower the rating if Pfleiderer engaged in more
large-scale, debt-funded shareholder returns or acquisitions, which
could result in a further increase in leverage.

"We are unlikely to raise the ratings over the next 12 months given
our view of the sponsors' financial policy as aggressive. An
upgrade would require a commitment to maintain a more conservative
financial policy, which we view as unlikely under the existing
ownership structure."

Based in Poland, Pfleiderer specializes in the production of
wood-based materials. It provides furniture boards, kitchen
worktops, high pressure laminate (HPL), and artificial wall
coverings to furniture manufacturers in Poland and Germany.

Pfleiderer derives 64% of sales from value-added products such as
melamine-faced chipboard (MFC) and HPL; 30% from basic products
such as raw particleboard and MDF/high-density fiberboard (HDF);
and 6% from other products.

The group has nine manufacturing facilities in Poland and Germany.
Pfleiderer's sales are split between Germany (44%), Poland (24%),
the U.K. (5%), the Netherlands (4%), France (4%), Italy (2%), and
other European countries (17%).

In 2018, the group generated sales of EUR1 billion and adjusted
EBITDA of EUR134 million.




===============
P O R T U G A L
===============

CAIXA ECONOMICA MONTEPIO: Fitch Affirms B+ LT IDR, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings affirmed Caixa Economica Montepio Geral, caixa
economica bancaria, S.A.'s Long-Term Issuer Default Rating at 'B+'
and Viability Rating at 'b+'. The Outlook on the Long-Term IDR is
Stable.

KEY RATING DRIVERS

IDRS AND VR

Banco Montepio's ratings primarily reflect low capital buffers in
relation to weak asset quality and weak operating profitability.
The ratings also incorporate the actions taken by the bank to
restore capital ratios and accelerate the implementation of its
2019-2023 strategic plan under a new management team. Banco
Montepio's ratings also factor in a broadly stable, albeit price-
and confidence-sensitive, funding profile.

The new management team has set ambitious targets to reduce problem
assets to levels more in line with domestic peers. It pursues the
bank's restructuring and aims at steering its very low operating
profitability through the revitalisation of the franchise and
initiatives to develop its offering to Portuguese corporates. The
bank has recently accelerated the disposal of problem assets,
essentially through sales and write-offs. However, a weaker and
slower execution record than peers and challenges to appoint and
then stabilise the bank's senior management reflect a less
developed corporate governance than at other rated Portuguese
peers.

Fitch believes that the efforts made to improve the bank's
corporate governance since 2018 and to some extent disentangle it
from its majority shareholder, Montepio Geral Associacao Mutualista
(MGAM), have been positive. However, Fitch expects that it will
take more time before Banco Montepio's senior management is able to
exclusively focus on the execution of the bank's restructuring
plan, in particular on commercial aspects which have been delayed
due to the priority set on addressing more urgent asset quality
issues.

Banco Montepio's IFRS 9 stage 3 loans (impaired loans) to gross
loans was high at about 14.4% at end-June 2019 (12.9% pro-forma the
sale of EUR321 million of impaired and written-off loans
communicated in July 2019). Fitch estimates a problem asset ratio
of about 20% at end-June 2019, including impaired loans and real
estate assets, which is the highest among rated domestic peers. The
stock of problem assets is gradually declining due to asset sales,
lower inflows into impaired loans and larger recoveries thanks to
the improved economic environment in Portugal. Fitch expects the
bank will continue to gradually work out its large stock of problem
assets, including through sales and write-offs. However, Fitch
believes Banco Montepio's moderate size and low profitability may
constrain the bank in the acceleration of its problem asset
reduction plan, in contrast to some of its Portuguese peers which
have already restored moderate operating profitability.

The bank's fully loaded common equity Tier 1 (CET1) ratio was
comparatively low at 11.9% at end-June 2019 despite a strengthening
of capital ratios in 2016-2017 by reducing risk-weighted assets
(RWAs) and receiving capital injections from its majority
shareholder, MGAM. Fitch estimates unreserved problem assets
(including net impaired loans, net foreclosed assets, investment
properties and holdings of corporate restructuring and real estate
funds) were about 1.7x the Fitch Core Capital at end-June 2019.
This makes the bank's capital base still highly vulnerable to even
moderate asset-quality shocks. This level is still the highest
among Fitch-rated Portuguese banks and remains a key constraint on
Banco Montepio's ratings, although Fitch expects an improvement by
end-2019.

Banco Montepio's profitability is weak and has been highly variable
through the economic and interest rate cycles. In 2018 and 1H19,
revenue pressure intensified due to a sharp reduction in revenue
earned on the bank's fixed-income portfolio and lower net interest
income due to the contracting loan book. However, lower loan
impairment charges and operating expenses and some one-off gains
from the sale of sovereign debt held at amortised cost helped Banco
Montepio report a small operating profit in 1H19.

Banco Montepio's funding and liquidity profile is sensitive to
changes in creditor sentiment, despite having been fairly stable
during the last financial crisis. Customer deposits, the bank's
main funding source, and access to the wholesale markets are more
price-sensitive than peers'. The bank continues to fund at higher
spreads. Improving access to the wholesale funding markets will be
pivotal to help the bank meeting its Minimum Requirements for Own
Funds and Eligible Liabilities (MREL) in coming years. The bank's
liquidity position is acceptable given its modest upcoming
maturities and relatively large holdings of sovereign debt.

SUPPORT RATING AND SUPPORT RATING FLOOR

The Support Rating (SR) of '5' and Support Rating Floor (SRF) of
'No Floor' for Banco Montepio reflect Fitch's belief that senior
creditors of the bank cannot rely on receiving full extraordinary
support from the sovereign in the event that the bank becomes
non-viable. The EU's Bank Recovery and Resolution Directive (BRRD)
and the Single Resolution Mechanism (SRM) for Eurozone banks
provide a framework for resolving banks that is likely to require
senior creditors to participate in losses, if necessary, instead of
- or ahead of - a bank receiving sovereign support.

SENIOR PREFERRED AND SENIOR NON-PREFERRED DEBT

Fitch rates Banco Montepio's senior preferred (B-/RR6) and senior
non-preferred (B-/RR6) debt programme two notches below the bank's
Long-Term IDR of 'B+', reflecting Fitch's view that recovery
prospects for the bank's senior preferred and non-preferred
creditors in resolution or liquidation are poor. Its opinion is
driven by full depositor preference, which was introduced in
Portugal in March 2019, and Banco Montepio's weak asset quality and
high capital encumbrance from unreserved problem assets. The
prospects of poor recoveries for senior preferred and non-preferred
bondholders are reflected in the 'RR6' Recovery Ratings assigned to
the debt programme.

SUBORDINATED DEBT

Fitch rates Banco Montepio's subordinated notes two notches below
the bank's 'b+' VR. The notching reflects the notes' poor recovery
prospects if the bank was under severe financial stress and
reaching a point where it is no longer considered viable. Fitch
does not apply additional notching for incremental non-performance
risk relative to the VR since there is no coupon flexibility
included in the notes' terms and conditions. The prospects of poor
recoveries for subordinated bondholders are reflected in the 'RR6'
Recovery Rating assigned to the notes.

RATING SENSITIVITIES

IDRs AND VR

Rating upside is limited due to a still large, although declining,
stock of problem assets and weak operating profitability. An
upgrade would be contingent on the bank improving substantially
operating profitability and asset quality metrics and materially
reducing capital encumbrance from problem assets. Further evidence
of a more efficient and developed corporate governance in
conjunction with significant positive developments in the bank's
financial profile would ultimately be positive for ratings.

The ratings could be downgraded if the improving asset quality
trend stalls, weakening the bank's low capital buffers further or
if Banco Montepio fails to improve operating profitability in the
next 18 months.

SENIOR PREFERRED AND SENIOR NON-PREFERRED DEBT

The long-term senior preferred and non-preferred debt ratings are
primarily sensitive to changes to Banco Montepio's Long-Term IDR,
which is itself sensitive to the bank's Viability Rating. They are
also sensitive to the increase in the amounts of senior
non-preferred debt or subordinated liabilities issued by Banco
Montepio. This is because in a resolution or liquidation, losses
could be spread over a larger debt layer resulting in lower losses
and higher recoveries for senior bondholders, which may lead to
higher long-term senior preferred and non-preferred debt ratings.

SUBORDINATED DEBT

The subordinated notes' rating is sensitive to changes in Banco
Montepio's VR, from which it is notched. The notes' rating is also
sensitive to a change in notching should Fitch change its
assessment of loss severity. For example, the notching could narrow
if problem asset levels become less significant relative to the
layer of junior non-equity capital, either through an increase in
the amount of the subordinated buffers or through a significant
reduction of problem assets. The rating is also sensitive to change
in the assessment of non-performance risk.

SUPPORT RATING AND SUPPORT RATING FLOOR

An upgrade of the SR and upward revision of the SRF would be
contingent on a positive change in the sovereign's propensity to
support it. This is highly unlikely, in Fitch's view.

ESG CONSIDERATIONS

Unless otherwise disclosed in this section, the highest level of
ESG credit relevance is a score of '3'. ESG issues are
credit-neutral or have only a minimal credit impact on the entity,
either due to their nature or to the way in which they are being
managed by the entity.

Banco Montepio has an ESG Relevance Score of '4' for governance
structure. Alleged disagreements between Banco Montepio's previous
management team and the bank's majority shareholder, MGAM, led to
the nomination and appointment of a new management team, within a
new governance model framework, since March 2018. The stabilisation
of the bank's management and board of directors is taking longer
than expected, in Fitch's opinion. This reflects a less-developed
corporate governance than those of its domestic peers, although the
bank has been making progress. Banco Montepio's governance
structure could have a negative impact on the bank's credit
profile, if it led notably to a slower execution of the bank's
restructuring plan and/or commercial franchise erosion. It is
relevant to Banco Montepio's rating in conjunction with other
factors.




===========
R U S S I A
===========

AGROPROMCREDIT: Moody's Affirms B2 LongTerm Deposit Rating
----------------------------------------------------------
Moody's Investors Service changed the issuer outlook on Commercial
Bank Agropromcredit (LLC) and the outlook on its long-term local
and foreign-currency deposit ratings to stable from negative,
affirming the bank's B2 long-term deposit ratings, its b2 Baseline
Credit Assessment and Adjusted BCA, B1(cr) long-term Counterparty
Risk Assessment and B1 long-term local and foreign-currency
Counterparty Risk Ratings. The bank's Not Prime short-term deposit
ratings and CRRs, and its Not Prime(cr) short-term CR Assessment
were also affirmed.

RATINGS RATIONALE

The change of the outlook to stable from negative on
Agropromcredit's ratings reflects the resilience of its capital
buffer to reported losses, reduced problem loans and high liquidity
cushion.

Agropromcredit's problem loans reduced to 5.8% of gross loans as of
June 30, 2019 from 11.4% as of end-2018, mainly driven by the sale
of legacy problem loans in the retail loan book. Its problem loans
coverage ratio at 120% as of June 30, 2019 compares favorably to
the average of 82% for Moody's-rated Russian banks. The bank's
asset risk is also contained by a relatively small share of the
bank's loan book being 37% of total assets, with the another 50%
comprising low-risk liquid assets: cash, placement at the Central
Bank in Russia and government securities.

Agropromcredit's capital adequacy remains strong, despite its
loss-making performance. Moody's calculated tangible common equity
(TCE) to risk-weighted assets amounted to high 19.9% as of June 30,
2019. This provides a solid buffer to absorb potential losses.
Moody's acknowledges risks to the bank's capital stemming from its
investments in non-core assets (land plots and real estate) at 58%
of the bank's TCE, equity stake in Kurgan Generating Company of 16%
TCE and exposure to related parties, as officially reported, being
15.6% of the bank's TCE, as of end-June 2019.

Agroprombank's financial profile remains challenged by continued
reported bottom-line losses under IFRS. The bank's profitability is
undermined by weak recurrent revenues affected by narrowing net
interest margin of 2.6% as of June 30, 2019, and persistently high
operating expenses (which include solid shareholders'
remuneration), as well as recent impairment charge on its
investment property. If profitability is adjusted for shareholder's
annual remuneration of around RUB 120 million, the bank is
breakeven at pre-provision level. The bank's return to sustainable
profitability will require significant cost optimization and depend
on its success in further increase of fees and commission income,
which has been trending up recently.

In Moody's view, Agropromcredit's business is to a large extend
reliant on its shareholder links, which renders the bank's activity
and financial fundamentals highly exposed to key-man risk,
weakening its corporate governance. In addition, the bank's niche
business model entails narrow customer franchise with high
single-name credit concentrations: top 20 borrowers comprise 88% of
gross loans and 218% of shareholder's equity. These factors result
in Moody's two-notches downward BCA adjustments for corporate
behaviour and business diversification.

WHAT COULD MOVE THE RATINGS UP/DOWN

Moody's may consider a positive rating action if the bank
materially improves its profitability, disposes non-core banking
assets and diversifies its business away from a currently narrow
customer base.

Negative rating action may follow significant deterioration of the
bank's capital position as a result of credit losses and/or
negative revaluation of its investment property.

LIST OF AFFECTED RATINGS

Issuer: Commercial Bank Agropromcredit (LLC)

Affirmations:

Adjusted Baseline Credit Assessment, Affirmed b2

Baseline Credit Assessment, Affirmed b2

Long-term Counterparty Risk Assessment, Affirmed B1(cr)

Short-term Counterparty Risk Assessment, Affirmed NP(cr)

Long-term Counterparty Risk Ratings, Affirmed B1

Short-term Counterparty Risk Ratings, Affirmed NP

Long-term Bank Deposit Ratings, Affirmed B2, Outlook Changed to
Stable from Negative

Short-term Bank Deposit Ratings, Affirmed NP

Outlook Action:

Outlook Changed to Stable from Negative

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Banks published
in August 2018.


GLOBAL PORTS: Moody's Hikes CFR to Ba2, Outlook Stable
------------------------------------------------------
Moody's Investors Service upgraded Corporate Family Rating to Ba2
from Ba3 and Probability of Default Rating to Ba2-PD from Ba3-PD of
Global Ports Investments Plc, Russia's leading container port
terminals operator. Concurrently, Moody's has upgraded to Ba2 from
Ba3 the ratings of the senior unsecured notes issued by the
company's 100%-owned financial subsidiary Global Ports Plc. The
outlook on GPI and Global Ports Plc is Stable.

RATINGS RATIONALE

The rating action reflects the ongoing strengthening of GPI's
financial profile, which is underpinned by the company's proven
commitment to deleverage with the targeted long-term reported net
debt/EBITDA in the range of 1.5x-2.0x.

GPI's credit metrics improved ahead of Moody's initial expectations
with its adjusted net debt/EBITDA going down to 3.5x and 3.3x in
2018 and the 12 months ended June 2019, respectively, from 4.6x in
2017. In 2019-20, Moody's expects the company's adjusted net
leverage to further decline towards 3.0x and its adjusted FFO/debt
to stay in the high teens in percentage terms.

The deleveraging has been supported by GPI's (1) improving
earnings, driven by the container throughput recovery, the
expansion of the marine bulk cargo segment, and tight cost
controls, which helped offset the persistent pricing pressure in
the container segment; (2) low capital spending, given the already
well-invested asset base and large spare capacity; (3) suspended
dividends until the internal leverage target is met; and (3)
gradual reduction in its gross debt level using strong free cash
flow generation.

The company's credit profile will also remain supported by its
comfortable debt maturity profile with no major debt-service
requirements until 2021.

At the same time, while GPI's rating factors in its leading market
share and strong geographical position in the strategically
important Big Port of St. Petersburg and Vostochny Port in Russia's
Far East, the rating remains constrained by the company's
concentration in the highly competitive niche Russian container
market. In particular, given its historical reliance on imports,
the segment remains susceptible to the volatile domestic economy,
although a sustainable trend for laden export growth has been
contributing to the market balance and greater stability.

GPI is also exposed to the evolving regulatory and legal
environment in Russia. This was illustrated in 2018, when a new law
on port tariffs, according to which tariffs should be denominated
in rubles, resulted in the elevated currency mismatch between the
company's revenue and debt, 70% of which is US dollar denominated.
GPI, however, partly addressed this risk through (1) pegging most
of its new contracts, denominated in rubles, to USD; (2) hedging a
portion of USD denominated debt by forward and option deals; and
(3) partial prepayments of the outstanding US dollar debt.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) CONSIDERATIONS

GPI's credit profile has historically benefited from the strong
support and prudent approach of key controlling shareholders to the
company, reflected in (1) the establishment of solid corporate
governance practices and efficient port operation practices; and
(2) forgoing any shareholder distributions until the company meets
its leverage targets.

The acquisition of a 30.75% stake in GPI by Management Company
"Delo" LLC in April 2018, has not resulted in any material changes
to GPI's operating and financial policies, and further reinforced
the company's focus on operating efficiencies and business
optimisation.

RATING OUTLOOK

The stable outlook reflects Moody's expectation that the company
will continue adhering to its conservative financial policy focused
on deleveraging, which, coupled with a prudent operating strategy,
should help maintain its financial profile at a level that is
commensurate with the current rating.

WHAT COULD CHANGE THE RATING -- UP

Positive pressure on GPI's rating could build over time if the
company were to (1) demonstrate sustainable growth in both volume
and revenue, under difference macro scenarios, while preserving
stable profitability; (2) strengthen its financial metrics, with
its adjusted net debt/EBITDA trending towards 2.0x and funds from
operations (FFO)/debt increasing above 20% on a sustainable basis;
(3) maintain healthy liquidity; or (4) continue to adhere to its
prudent operating and financial policy and corporate governance
standards.

WHAT COULD CHANGE THE RATING - DOWN

Downward pressure on the rating could be exerted if the operating
environment and the competitive pressure in the Russian container
cargo market become significantly more challenging or GPI shifts to
a more aggressive financial policy, translating into net
debt/EBITDA deteriorating towards 4x and FFO/debt to below 15% on a
sustained basis. A substantial deterioration in the company's
liquidity will also strain the rating.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Privately
Managed Port Companies published in September 2016.

Global Ports Investments Plc is the largest container terminal
operator in Russia with strong positions in the Baltics and Far
East basins. GPI also handles marine bulk cargo, including coal,
scrap metal, fertilisers, ro-ro, and other services. In the 12
months ended June 2019, GPI reported $349 million in revenue and
$229 million in EBITDA.




=========
S P A I N
=========

TDA 25 FTA: Fitch Affirms Csf Rating on 4 Tranches
--------------------------------------------------
Fitch Ratings placed four tranches of three Spanish non-conforming
RMBS transactions TDA 25, FTA (TdA 25), TDA 27, FTA (TdA 27) and
TDA 28, FTA (TdA 28) on Rating Watch Negative, while affirming 13
other tranches.


RATING ACTIONS

TDA 25, FTA

Class A ES0377929007; LT Csf Affirmed; previously at Csf

Class B ES0377929015; LT Csf Affirmed; previously at Csf

Class C ES0377929023; LT Csf Affirmed; previously at Csf

Class D ES0377929031; LT Csf Affirmed; previously at Csf

TDA 27, FTA
   
Class A2 ES0377954013; LT Bsf Rating Watch On;   previously Bsf

Class A3 ES0377954021; LT CCCsf Rating Watch On; previously CCCsf

Class B ES0377954039;  LT CCsf Rating Watch On;  previously CCsf

Class C ES0377954047;  LT Csf Affirmed;          previously Csf

Class D ES0377954054;  LT Csf Affirmed;          previously Csf

Class E ES0377954062;  LT Csf Affirmed;          previously Csf

Class F ES0377954070;  LT Csf Affirmed;          previously Csf

TDA 28, FTA
   
Class A ES0377930005; LT CCsf Rating Watch On; previously at CCsf

Class B ES0377930013; LT Csf Affirmed;         previously at Csf

Class C ES0377930021; LT Csf Affirmed;         previously at Csf

Class D ES0377930039; LT Csf Affirmed;         previously at Csf

Class E ES0377930047; LT Csf Affirmed;         previously at Csf

Class F ES0377930054; LT Csf Affirmed;         previously at Csf

TRANSACTION SUMMARY

The three transactions comprise residential mortgage loans
originated and serviced by multiple banks.

KEY RATING DRIVERS

Swap Termination Payment

The swap counterparty of the three transactions (J.P. Morgan Chase
Bank, N.A.) has presented to the trustee an early swap termination
notice, driven by the SPV liquidation process implemented since
2012 (TdA 25 and TdA 28) and 2016 (TdA 27) and the steps taken in
furtherance of it. J.P. Morgan is requesting a termination payment
under each of swap of EUR9.7 million, EUR16.9 million and EUR15.8
million for TdA 25, TdA 27 and TdA 28 respectively, which will rank
senior in the waterfall of payments even ahead of class A notes
interest. The transactions' trustee has not yet confirmed the date
when these payments will be made, nor the precise amount to be
paid, as it is still conducting its legal assessment.

The swap termination payment amounts would be substantially larger
than the available funds of each transaction on each single
quarterly interest payment date. Therefore, if termination payments
become due, it would mean that no interest or principal repayments
on the securitisation notes would be made during a period of time
estimated to be between three and seven quarters. The RWN reflects
the increased uncertainty about timely payment of interest on TdA
27's class A2 to B notes and TdA 28's class A notes, and the
growing expectation of ultimate principal shortfalls. Resolution of
the RWN is directly linked to the resolution of the swap
termination process, which may take longer than six months.

Accelerated Liquidation

The trustee has initiated an accelerated liquidation process for
TdA 25 and TdA 28 as of July 2019 and October 2019 respectively
that implies a final liquidation date will occur shortly. As stated
in the transaction documents, the process is now subject to a
competitive process in which the best of at least five different
bids has to be accepted.

Large Principal Deficiency Ledgers (PDLs)

Current notes' amortisation deficits remain elevated and continue
to widen as reserve funds are fully depleted and new defaults
cannot be provisioned for with available excess spread. Currently,
PDLs represent approximately 59%, 19% and 43% of the outstanding
collateralised notes balance for TdA 25, TdA 27 and TdA 28
respectively. Three-month plus arrears (excluding defaults) as a
percentage of the current pool balances remain below 1% in all
cases as of the latest reporting date.

Cumulative gross defaults are high but show signs of flattening,
ranging between 11.5% for TdA 27 and 29.8% for TdA 28 relative to
the initial portfolio balances as of the latest reporting periods.
Defaults are defined as loans in arrears for more than 12 months.
These high levels of cumulative defaults are above the average 6%
for other Spanish RMBS rated by Fitch as of September 2019, and are
partly explained by poor origination standards as a significant
part of these portfolios was underwritten by Credifimo, a
specialised lender targeting mainly non-prime low income
borrowers.

RATING SENSITIVITIES

Final outcomes of the swap termination process may affect current
rating levels, especially if there is no possibility to defer the
payment termination amounts.

TdA 27's class A2 notes rating is sensitive to the application of a
pro-rata amortisation mechanism together with the class A3 notes,
which is activated when the balance of late-stage arrears is
greater than 6% of the non-defaulted collateral. If this trigger is
breached, a downgrade of the class A2 notes is likely.



===========================
U N I T E D   K I N G D O M
===========================

ARCADIA GROUP: Green Separates Topshop, Topman Logistics Operations
-------------------------------------------------------------------
Sam Chambers at The Sunday Times reports that Sir Philip Green is
separating the logistics operations for Topshop and Topman from the
rest of Arcadia Group's fashion brands.

Arcadia has opened a new automated warehouse in Daventry,
Northamptonshire, dedicated to handling orders for Topshop and
Topman, The Sunday Times relates.  These were previously managed
from the group's Milton Keynes warehouse, The Sunday Times notes.

According to The Sunday Times, Chief executive Ian Grabiner is
understood to be overseeing projects to untangle shared functions
across Arcadia, which owns a clutch of mid-market fashion brands
including Burton and Miss Selfridge.

The group made a GBP170 million loss last year and Arcadia's
creditors approved a company voluntary arrangement in June,
triggering the closure of 48 stores and rent cuts on 194, The
Sunday Times discloses.

Topman orders are already being handled from Daventry, with Topshop
set to move over in the new year, The Sunday Times states.

                      About Arcadia Group

Arcadia Group Ltd. is the UK's largest privately owned fashion
retailer with seven major high street brands: Burton, Dorothy
Perkins, Evans, Miss Selfridge, Topshop, Topman and Wallis, along
with its out-of-town fashion destination Outfit.  

In June 2019, Arcadia's creditors approved a Company Voluntary
Arrangement (CVA).  The company's landlords agreed to rent cuts, 23
store closures and 520 job losses.


ARCADIA GROUP: Seeks to Raise GBP300MM to Repay Topshop Loan
------------------------------------------------------------
Oliver Shah and Sam Chambers at The Times report that Sir Philip
Green is racing to raise more than GBP300 million before Christmas
so he can repay a loan secured against Topshop's flagship store on
London's Oxford Street.

According to The Times, Arcadia Group, his retail empire, which
also includes Dorothy Perkins and Miss Selfridge, is understood to
be in talks with specialist lenders, including American private
equity firm Apollo, about refinancing the GBP310 million mortgage,
which is due for repayment next month.

It was provided in 2014 by a syndicate of banks led by Royal Bank
of Scotland and had been due to expire last June, but was extended
as part of an insolvency process known as a company voluntary
arrangement, used by Green to close stores and cut rents to stave
off collapse, The Times discloses.

                       About Arcadia Group

Arcadia Group Ltd. is the UK's largest privately owned fashion
retailer with seven major high street brands: Burton, Dorothy
Perkins, Evans, Miss Selfridge, Topshop, Topman and Wallis, along
with its out-of-town fashion destination Outfit.  

In June 2019, Arcadia's creditors approved a Company Voluntary
Arrangement (CVA).  The company's landlords agreed to rent cuts, 23
store closures and 520 job losses.


CANADA SQUARE 2019-1: Moody's Rates GBP12.17MM Class X Notes 'B3'
-----------------------------------------------------------------
Moody's Investors Service assigned definitive credit ratings to the
following Notes issued by Canada Square Funding 2019-1 PLC:

  GBP348.96 million Class A Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned Aaa (sf)

  GBP20.29 million Class B Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned Aa3 (sf)

  GBP16.23 million Class C Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned A1 (sf)

  GBP10.14 million Class D Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned A2 (sf)

  GBP6.09 million Class E Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned Baa3 (sf)

  GBP4.06 million Class F Mortgage Backed Floating Rate Notes
  due October 2051, Definitive Rating Assigned B1 (sf)

  GBP12.17 million Class X Mortgage Backed Floating Rate
  Notes due October 2051, Definitive Rating Assigned B3 (sf)

The GBP 22.0M VRR Loan Note due October 2051, the Class S1
Certificate, the Class S2 Certificate and the Class Y Certificate
have not been rated by Moody's.

The Notes are backed by a pool of UK buy-to-let mortgage loans
originated by Fleet Mortgages Limited (NR). The pool was acquired
by Citibank N.A., London Branch (Aa3/P-1 & Aa3(cr)/P-1(cr)) from
Hart Funding Limited following its purchase from Fleet. The
securitised portfolio consists of 1,925 mortgage loans with a
current balance of GBP 427.1 million as of September 30, 2019. The
VRR Loan Note is a risk retention Note which receives 5% of all
available receipts, while the remaining Notes and Certificates
receive 95% of the available receipts on a pari-passu basis.

RATINGS RATIONALE

The ratings of the Notes are based on an analysis of the
characteristics and credit quality of the underlying mortgage pool,
sector wide and originator specific performance data, protection
provided by credit enhancement, the roles of external
counterparties and the structural features of the transaction.

MILAN CE for this pool is 12.0% and the expected loss is 2.0%.

The portfolio's expected loss is 2.0%, which is in line with other
UK BTL RMBS transactions owing to: (i) the weighted average current
LTV for the pool of 68.8%, which is in line with comparable
transactions; (ii) the performance of comparable originators; (iii)
the current macroeconomic environment in the UK; (iv) some
historical track record, evidencing good performance; and (v)
benchmarking with similar UK BTL transactions.

MILAN CE for this pool is 12.0%, which is in line with other UK BTL
RMBS transactions, owing to: (i) the WA current LTV for the pool of
68.8%; (ii) static nature of the pool; (iii) the fact that 94.4% of
the pool are interest-only loans or part and part mortgages; (iv)
the share of self-employed borrowers of 35.1%, and legal entities
of 18.4%; (v) the presence of 20.9% of HMO and MUB loans in the
pool; and (vi) benchmarking with similar UK BTL transactions.

At closing, the transaction benefits from a fully funded,
amortising liquidity reserve fund that equals 1.5% of 100/95 of the
outstanding Class A Notes with a floor of 0.75% of 100/95 prior to
and no floor post the step-up date in October 2022 supporting the
Class S1 Certificate, Class S2 Certificate and Class A Notes. The
release amounts from the liquidity reserve fund will flow through
the revenue waterfall prior to and through the principal waterfall
post the step-up date. There is no general reserve fund.

Operational Risk Analysis: Fleet is the servicer in the transaction
whilst Citibank N.A., London Branch, will be acting as the cash
manager. In order to mitigate the operational risk, CSC Capital
Markets UK Limited (NR) will act as back-up servicer facilitator.
To ensure payment continuity over the transaction's lifetime, the
transaction documentation incorporates estimation language whereby
the cash manager can use the three most recent servicer reports
available to determine the cash allocation in case no servicer
report is available. The transaction also benefits from approx. 2
quarters of liquidity for Class A based on Moody's calculations.
Finally, there is principal to pay interest as an additional source
of liquidity for the Classes A to F (subject to being the most
senior class of Notes outstanding).

Interest Rate Risk Analysis: 91.6% of the loans in the pool are
fixed rate loans reverting to three months LIBOR with the remaining
portion linked to three months LIBOR. The Notes are floating rate
securities with reference to daily SONIA. To mitigate the
fixed-floating mismatch between fixed-rate assets and floating
liabilities, there will be a scheduled notional fixed-floating
interest rate swap provided by Citibank Europe plc
(Aa3(cr)/P-1(cr)).

The principal methodology used in these ratings was "Moody's
Approach to Rating RMBS Using the MILAN Framework" published in
July 2019.

The analysis undertaken by Moody's at the initial assignment of
ratings for RMBS securities may focus on aspects that become less
relevant or typically remain unchanged during the surveillance
stage.

Factors that would lead to an upgrade or downgrade of the ratings:

Significantly different loss assumptions compared with its
expectations at close due to either a change in economic conditions
from its central scenario forecast or idiosyncratic performance
factors would lead to rating actions. For instance, should economic
conditions be worse than forecast, the higher defaults and loss
severities resulting from a greater unemployment, worsening
household affordability and a weaker housing market could result in
a downgrade of the ratings. Deleveraging of the capital structure
or conversely a deterioration in the Notes available credit
enhancement could result in an upgrade or a downgrade of the
ratings, respectively.

CANADA SQUARE 2019-1: S&P Assigns Final BB+ Rating on Class X Notes
-------------------------------------------------------------------
S&P Global Ratings assigned its credit ratings to Canada Square
Funding 2019-1 PLC's class A, B-Dfrd, C-Dfrd, D-Dfrd, E-Dfrd,
F-Dfrd, and X-Dfrd notes. At closing, Canada Square Funding 2019-1
also issued unrated class S1, S2, and Y certificates.

Canada Square Funding 2019-1 is a static RMBS transaction that
securitizes a portfolio of GBP427.12 million buy-to-let (BTL)
mortgage loans secured on properties in the U.K.

At closing, the issuer used the issuance proceeds to purchase the
full beneficial interest in the mortgage loans from the seller. The
issuer granted security over all of its assets in favor of the
security trustee.

S&P considers the collateral to be prime, based on the overall
performance of Fleet Mortgages' BTL residential mortgage book as of
September 2019, the originator's conservative lending criteria, and
the absence of loans in arrears in the securitized pool.

Credit enhancement for the rated notes consists of subordination
from the closing date and overcollateralization following the
step-up date, which will result from the release of the liquidity
reserve excess amount to the principal priority of payment.

The class A notes benefit from liquidity support in the form of a
liquidity reserve, and the class A and B-Dfrd through F-Dfrd notes
benefit from the ability of principal to be used to pay interest.

There are no rating constraints in the transaction under S&P's
counterparty, operational risk, or structured finance sovereign
risk criteria. S&P considers the issuer to be bankruptcy remote.

S&P said, "Our ratings address the timely payment of interest and
the ultimate payment of principal on the class A notes and the
ultimate payment of interest and principal on the other rated
notes. Our analysis reflects our view that, at the assigned rating,
the senior fees and swaps outflows, if any, will be paid on time."

  Ratings List

  Class         Rating      Amount (mil. GBP)
  A             AAA (sf)    348.96
  B-Dfrd        AA+ (sf)    20.29
  C-Dfrd        AA- (sf)    16.23
  D-Dfrd        A (sf)      10.14
  E-Dfrd        BBB+ (sf)   6.09
  F-Dfrd        BBB- (sf)   4.06
  X-Dfrd        BB+ (sf)    12.17
  VRR loan note NR          22.00
  S1 certs      NR          N/A
  S2 certs      NR          N/A
  Y certs       NR          N/A

  NR--Not rated.
  N/A--Not applicable.
  VRR--Vertical risk retention.


CASTELL PLC 2018-1: DBRS Confirms B (low) Rating on Class F Notes
-----------------------------------------------------------------
DBRS Ratings Limited confirmed the following ratings on the notes
issued by Castell 2018-1 PLC (the Issuer):

-- Class A at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (high) (sf)
-- Class E at BB (high) (sf)
-- Class F at B (low) (sf)

The ratings on the notes address the timely payment of interest and
ultimate payment of principal on or before the legal final maturity
date.

The confirmations follow an annual review of the transaction and
are based on the following analytical considerations:

-- Portfolio performance, in terms of delinquencies, defaults and
losses.

-- Portfolio default rate (PD), loss given default (LGD) and
expected loss assumptions on the remaining receivables.

-- Current available credit enhancement to the notes to cover the
expected losses at their respective rating levels.

Castell 2018-1 PLC is a securitization of second-lien mortgage
loans originated by Optimum Credit Limited (Optimum Credit) in the
United Kingdom.

PORTFOLIO PERFORMANCE

As of July 2019, two- to three-month arrears represented 0.3% of
the outstanding portfolio balance and the 90+ delinquency ratio was
0.6%. As of July 2019, the cumulative loss ratio was zero.

PORTFOLIO ASSUMPTIONS

DBRS Morningstar conducted a loan-by-loan analysis of the remaining
pool of receivables and has updated its base case PD and LGD
assumptions to 9.3% and 40.1% respectively.

CREDIT ENHANCEMENT

As of the July 2019 payment date, credit enhancement to the Class
A, B, C, D, E and F notes was 35.0%, 27.2%, 20.0%, 15.1%, 11.5% and
7.5%, respectively, up from 28.5%, 21.7%, 15.4%, 11.0%, 7.8% and
7.3%, respectively, at the time of DBRS Morningstar's initial
rating.

Credit enhancement to the rated notes is provided by subordination
of junior classes, excluding the Class X Notes, which are repaid
through available excess spread, and a general reserve fund.

The transaction benefits from a general reserve fund of GBP 7.7
million and a liquidity reserve fund of GBP 3.6 million. The
general reserve fund covers senior fees as well as interest and
principal (via the principal deficiency ledgers) on the rated
notes. The liquidity reserve fund covers senior fees and interest
on the Class A Notes and Class B Notes.

Citibank N.A., London Branch acts as the account bank for the
transaction. Based on the DBRS Morningstar private rating of
Citibank N.A., London Branch, the downgrade provisions outlined in
the transaction documents, and other mitigating factors inherent in
the transaction structure, DBRS Morningstar considers the risk
arising from the exposure to the account bank to be consistent with
the rating assigned to the Class A notes, as described in DBRS
Morningstar's "Legal Criteria for European Structured Finance
Transactions" methodology.

NatWest Markets Plc acts as the swap counterparty for the
transaction. DBRS Morningstar's public Long-Term Critical
Obligations Rating of NatWest Markets Plc at "A" is above the First
Rating Threshold as described in DBRS Morningstar's "Derivative
Criteria for European Structured Finance Transactions"
methodology.

Notes: All figures are in British pound sterling unless otherwise
noted.

DEBENHAMS PLC: Appoints Mark Gifford as New Chairman
----------------------------------------------------
Camilla Canocchi at ThisisMoney.co.uk reports that embattled
department store chain Debenhams has appointed Mark Gifford, the
former finance chief of House of Fraser and Game, as its new
chairman.

Following recent speculation, Celine Jersey Topco Limited -- the
consortium of investors and lenders that took control of Debenhams
earlier this year when it fell into administration -- has confirmed
Mr. Gifford will take the job, ThisisMoney.co.uk relates.

"We are delighted that Mark will be joining the parent board to
work with our investor consortium, who have confirmed their
continuing commitment through providing additional liquidity for
our peak trading," ThisisMoney.co.uk quotes Debenhams' new chief
executive Stefaan Vansteenkiste, who replaced Sergio Bucher in
August, as saying.

Mr. Gifford will help to lead the turnaround of the department
store chain, ThisisMoney.co.uk states.  He was chief finance
officer of Game Digital from 2015 to 2018 and held the same role at
House of Fraser for the previous eight years, ThisisMoney.co.uk
discloses.

His appointment comes as Debenhams is going through a
restructuring, having launched a Company's Voluntary Arrangement in
spring and announced the planned closure of 50 of its 166 UK
stores, ThisisMoney.co.uk notes.

Last month, it won a High Court challenge against landlords who
tried to scupper its plans to close stores, reduce rents and cut
jobs in a bid to revive its fortunes, ThisisMoney.co.uk recounts.

Billionaire retail tycoon Mike Ashley, who runs Sports Direct,
helped finance Debenhams' landlords' efforts to overturn the
department store group's restructuring plan, ThisisMoney.co.uk
relays.

The first 22 stores are set to close down in January next year and
1,200 staff would be affected by the first phase, according to
ThisisMoney.co.uk.


FERGUSON MARINE: Scottish Government Takes Over Shipyard
--------------------------------------------------------
The Scotsman reports that the Scottish Government has signed a
contract to take the troubled Ferguson Marine shipyard into public
ownership.

It follows an agreement reached last month for the Government to
take over the yard after the firm entered administration in August,
The Scotsman notes.

According to The Scotsman, administrators concluded three
indicative offers for the business received from commercial parties
were either not capable of being executed or did not represent a
better outcome for creditors than the sale of the business to the
Scottish Government.

A meeting of the board of directors of Macrocom -- the company
wholly owned by Scottish ministers that will own the Ferguson
Marine business and assets -- was held on Nov. 1 to consider and
sign the contract, The Scotsman relates.

Full completion of the contract and the final transaction is
expected to take place in the coming weeks, The Scotsman
discloses.

Finance Secretary Derek Mackay said the action taken would help to
ensure a future for the yard, according to The Scotsman.


KIER GROUP: Heavy Debts Targeted by Opportunistic Hedge Funds
--------------------------------------------------------------
Oliver Gill at The Sunday Telegraph reports that one of the United
Kingdom's biggest builders of schools, roads and railways, Kier
Group, faces a fight for survival this winter as the company's
heavy debts become the target of opportunistic hedge funds.

The Sunday Telegraph has learnt that lenders are attempting to
offload Kier loans to specialists in distressed debt at knockdown
prices, in a signal they believe the risks to its future are
rising.

According to The Sunday Telegraph, it is understood that the debt
is being marketed for as little as 70p in the pound as lenders led
by HSBC scramble to limit their losses in the event of another
corporate failure in a sector that has endured a torrid few years.

Hedge funds with a stronger appetite for risk are circling the
sale, The Sunday Telegraph notes.



THOMAS COOK: Fosun Tourism to Acquire Business for GBP11 Million
----------------------------------------------------------------
Shreya Mariam Job at Reuters reports that China's Fosun Tourism
Group said on Nov. 1 it would acquire the Thomas Cook and related
hotel brands for GBP11 million (US$14.25 million), in a bid to
expand its presence in the tourism business.

The assets include trademarks, domain names, software applications
and licenses of the British travel firm and related hotel brands,
Hong Kong-listed Fosun, as cited by Reuters, said, adding that it
did not plan to buy overseas assets or businesses related to Thomas
Cook for the time being.

Fosun Tourism Chairman Qian Jiannong said the acquisition would
enable the group to expand its tourism business "building on the
extensive brand awareness of Thomas Cook and the robust growth
momentum of Chinese outbound tourism", Reuters relates.

Fosun Tourism, which was the largest shareholder of the former
LSE-listed Thomas Cook, had offered to contribute GBP450 million in
August in return for a majority stake in Thomas Cook's tour
operator business and 25% of its airline, Reuters recounts.

This plan, however, fell through after Thomas Cook failed to secure
further funds demanded by its lenders, Reuters notes.

                      About Thomas Cook Group

Thomas Cook Group Plc is the ultimate holding company of direct and
indirect subsidiaries, which operate the Thomas Cook leisure travel
business around the world.  TCG was formed in 2007 following the
merger between Thomas Cook AG and MyTravel Group plc.
Headquartered in London, the Group's key markets are the UK,
Germany and Northern Europe.  The Group serves 22 million customers
each year.

The Group operates from 16 countries, with a combined fleet of over
100 aircraft through five entities holding air operator
certificates in the UK, Germany, Denmark and Spain.  The Group has
2,800 owned and franchised retail outlets (including 555 shops in
the UK) and operates 199 own-brand hotels across the world.

As of Dec. 31, 2018, the Group had 21,263 employees, including
9,000 in the U.S.

The travel agent originally proposed a restructuring.  It was
scheduled to ask creditors Sept. 27, 2019, for approval of a scheme
of arrangement that involves (a) substantially deleveraging the
Group by converting GBP1.67 billion of RCF and Notes debt currently
outstanding into new shares (15%) and a subordinated PIK note (at
least GBP81 million) to be issued by the recapitalized Group in
proportions still to be agreed; and (b) the transfer of at least a
75% interest in the Group Tour Operator and an interest of up to
25% in the Group Airline to Chinese investor Fosun Tourism Group.

Representatives of the company filed a Chapter 15 petition in New
York on Sept. 16, 2019, to seek U.S. recognition of the UK
proceedings as foreign main proceeding.  The Chapter 15 case is In
re Thomas Cook Group Plc (Bankr. S.D.N.Y. Case No. 19-12984).
Latham & Watkins, LLP is the counsel.

But after last-ditch rescue talks failed, on Sept. 23, 2019, Thomas
Cook UK Plc and associated UK entities announced that they have
entered Compulsory Liquidation and are now under the control of the
Official receiver.  The UK business has ceased trading with
immediate effect and all future flights and holidays are cancelled.
All holidays and flights provided by Thomas Cook Airlines have
been cancelled and are no longer operating.  All Thomas Cook's
retail shops have also closed.  

Separate from the parent company, Thomas Cook's Indian, Chinese,
German and Nordic subsidiaries will continue to trade as normal.


TOWD POINT 2017: S&P Raises Class E Notes Rating to BB+ (sf)
------------------------------------------------------------
S&P Global Ratings raised its credit ratings on Towd Point Mortgage
Funding 2017 - Auburn 11 PLC's class A2, B-Dfrd, C-Dfrd, D-Dfrd,
and E-Dfrd notes. At the same time, S&P has affirmed its rating on
the class A1 notes.

The rating actions follow the application of its updated criteria
for assessing pools of residential loans. They also reflect S&P's
full analysis of the most recent transaction information that it
has received and the transaction's current structural features.

S&P said, "Upon republishing our global RMBS criteria following the
extension of the criteria's scope to include the U.K., we placed
our ratings on the class B-Dfrd to E-Dfrd notes under criteria
observation. Following our review of the transaction's performance
and the application of our republished global RMBS criteria, our
ratings on these notes are no longer under criteria observation."

The transaction bank account (Elavon Financial Services DAC, UK
Branch), the collection bank account (Barclays Bank UK PLC), and
the committed liquidity facility (Wells Fargo Bank N.A., London
Branch) are all in line with S&P's counterparty criteria.

S&P said, "After applying our updated U.K. RMBS criteria, the
overall effect in our credit analysis results is a decrease in the
weighted-average foreclosure frequency (WAFF) at all rating levels.
This is mainly due to the decrease in the loan-to-value (LTV) ratio
we used for our foreclosure frequency analysis, which now reflects
80% of the original LTV ratio and 20% of the current LTV ratio.
Additionally we have changed our adjustments to buy-to-let (BTL)
loans, and we no longer apply the interest-only adjustment to such
loans. Our weighted-average loss severity (WALS) assumptions have
decreased at all rating levels due to the revised jumbo valuation
thresholds and the decrease in the current LTV ratio."

  Credit Analysis Results
  Rating level    WAFF (%)   WALS (%)
  AAA             18.37      46.04
  AA              12.92      38.37
  A               10.12      24.75
  BBB             7.29       17.04
  BB              4.42       12.25
  B               3.70       8.69

The overall effect from S&P's credit analysis results is a decrease
in the required credit coverage for all rating levels, and this
reflects our cash flow results.

The transaction's performance has been stable since closing, and
credit enhancement in this transaction has increased due to the
partial amortization of the class A1 notes.

S&P said, "We have also considered the notes' sensitivity to any
potential extension in the maturity of interest-only loans, as well
as any potential increase in the loss severity, should the loans
with a high current LTV ratio default.

"Following our credit and cash flow analysis, we have affirmed our
rating on the class A1 notes at 'AAA (sf)', and we have raised our
rating on the class A2 notes to 'AAA (sf)'.

"We have upgraded the class B-Dfrd notes to 'AA+ (sf)' because,
although these notes achieve a higher output under our cash flow
analysis, the presence of the interest deferral mechanism is not
commensurate with an extremely strong capacity for the issuer to
meet its financial obligations in line with our 'AAA' rating
definition.

"Finally, we have upgraded the class C-Dfrd notes to 'AA (sf)', the
class D-Dfrd notes to 'A (sf)', and the class E-Dfrd notes to 'BB+
(sf)'. Although these notes achieve a higher output under our cash
flow analysis, we have considered their lower credit enhancement
compared with the senior notes and their sensitivity to the factors
mentioned previously."

Towd Point Mortgage Funding 2017 - Auburn 11 is backed by a pool of
BTL assets originated by Capital Home Loans Ltd.

  Ratings List
  Class    Rating to    Rating from
  A1       AAA (sf)     AAA (sf)
  A2       AAA (sf)     AA+ (sf)
  B-Dfrd   AA+ (sf)     AA- (sf)
  C-Dfrd   AA (sf)      A+ (sf)
  D-Dfrd   A (sf)       BBB+ (sf)
  E-Dfrd   BB+ (sf)     BB (sf)


USIL EUROPEAN 36: DBRS Gives Prov. B (high) Rating on Class F Notes
-------------------------------------------------------------------
DBRS Ratings Limited assigned the following provisional ratings to
the notes to be issued by Usil European Loan Conduit No. 36
Designated Activity Company (Usil Eloc No. 36 DAC or the Issuer):

-- Class RFN Notes rated AAA (sf)
-- Class A-1 Notes rated AAA (sf)
-- Class A-2 Notes rated AAA (sf)
-- Class B Notes rated AA (low) (sf)
-- Class C Notes rated A (low) (sf)
-- Class D Notes rated BBB (sf)
-- Class E Notes rated BB (high) (sf)
-- Class F Notes rated B (high) (sf)

All notes carry a Stable trend.

The Issuer is the securitization transaction of a EUR 723.9
million, floating-rate senior commercial real estate loan (the
senior loan) advanced by both Morgan Stanley Principal Funding,
Inc. and Morgan Stanley Bank, N.A. to borrowers sponsored by
Blackstone Group L.P. (Blackstone or the Sponsor). The senior loan
is backed by a portfolio of 100 German, predominantly
light-industrial and warehouse assets. The purpose of the loan is
to refinance the original acquisition loan and fund a progressive
capex programme. In addition to the senior loan, there is also a
EUR 105.6 million mezzanine loan, which is structurally and
contractually subordinated to the securitized senior loan.

Blackstone acquired the portfolio in Q4 2017 along with M7 Real
Estate Ltd. (M7 or the asset manager) as part of the growth of its
wider European logistics platform. The majority of the portfolio
(i.e., 92 of the assets) was purchased from Hansteen, while the
remaining eight assets were brought in from M7's own funds. The
assets are located in major cities across Germany. North
Rhine-Westphalia houses 35.7% of market value (MV), Hesse 15.2% of
MV and the state of Berlin 12.4% of MV. The remaining assets are
located across the states of Bavaria, Baden-Württemberg, Bremen,
Lower Saxony, Saxony-Anhalt and Saxony. The portfolio mix is highly
granular, offering over 2,000 units with 66% units less than 5, 000
square meters (sqm).

The transaction includes a EUR 44.8 million capex facility as part
of the senior loan and a further EUR 6.9 million from the mezzanine
loan to support Blackstone's EUR 66 million capex budget over the
life of the loan. Since acquisition, Blackstone has largely
concentrated on stabilizing the portfolio's occupancy. To date,
Blackstone has already spent approximately EUR 14 million of capex
on property maintenance and reconstruction, enabling the management
to keep tenant retention rate of over 75%.

As of the June 2019 cut-off date, 87.4% of the portfolio's net
lettable area (NLA) was occupied by 1,064 tenants. The top ten
tenants contribute 18.7% of the gross rental income (GRI). The
largest tenant, Toom Baumarkt GmbH, contributes 4.3% to the GRI,
with no other tenant in the portfolio representing more than 2.5%.
The portfolio is 2.5% under-rented according to the market rent
assessed by Jones Lang LaSalle SE (JLL), consequently providing
opportunity for the management to marginally increase rent while
maintaining the integrity of the weighted-average unexpired lease
term (WAULE) of 3.27 years. Furthermore, the deployment of capex
funds over the term of the loan should also present an opportunity
for the sponsor to extract more reversionary value from the
portfolio.

The senior loan is interest-only (IO) prior to permitted change of
control and has a two-year maturity with three one-year extension
options subject to certain conditions, including hedging. Based on
JLL's September 2019 valuation of EUR 1,015.3 million and valuing
the assets on an individual basis, the senior loan represents a
loan-to-value (LTV) of 71.3%. However, the value used by the
arranger (Morgan Stanley) for covenants calculation is based on
JLL's portfolio appraisal that assumes if the portfolio was sold as
a whole it would attract a premium of approximately 5.0% or a
portfolio value of 1,066.7 million, which translates to an LTV of
67.9%. The DBRS Morningstar net cash flow (NCF) is EUR 49.2
million, a 17.0% haircut compared with the arranger's net operating
income (NOI) of 59.3 million and DBRS Morningstar's value is EUR
745.6 million (LTV of 97.1%). The high DBRS Morningstar LTV is
mitigated by cash trap covenants set at an LTV of 71.16%, and,
prior to the second anniversary of the loan utilization date, a
debt yield (DY) of 7.6%, which increases to 8.0% once the first
loan extension options is exercised. The DY at the cut-off date was
8.2%. The latest expected loan maturity date, considering potential
extensions, is February 15, 2025.

The loan structure does not include financial default covenants
prior to a permitted change of control but provides other standard
events of default including (1) any missing payment, including
failure to repay the loan at the maturity date; (2) borrower
insolvency; and (3) a loan default arising as a result of any
creditors' process or cross-default. In DBRS Morningstar's view,
potential performance deteriorations would be captured and
mitigated by the presence of cash trap covenants such as (1) an LTV
cash trap covenant set at 71.2% and (2) a DY cash trap covenant as
previously detailed. Following a permitted change of control, the
borrowers are required to amortize the loan on each interest
payment date by 0.25% of the aggregate outstanding principal amount
of the senior loan. Additionally, after a permitted change of
control, the following financial covenants would trigger an event
of default (unless the permitted change of control is to the
current mezzanine lender) if (1) the senior DY falls below the
lesser of (a) 7.15% and (b) 85% of the DY as of the latest interest
payment date (IPD) prior to the permitted change of control or (2)
the senior loan LTV ratio is less than the LTV ratio as of the
latest IPD prior to the permitted change of control plus 12.5%.

To maintain compliance with applicable regulatory requirements, the
loan seller retained an ongoing material economic interest of no
less than 5% of the securitization via a Vertical Risk Retention
(VRR) loan that will be advanced by the loan seller to the Issuer
at closing.

The transaction includes a Reserve Fund Note (RFN), which acts as
the liquidity reserve. After issuance, the EUR 20.0 million RFN
proceeds and the EUR 1.05 million VRR loan contributions will be
deposited into the transaction's liquidity reserve. The liquidity
reserve works similarly to a typical liquidity facility by
providing liquidity to pay property protection advances, senior
costs and interest shortfalls (if any) in relation to the
corresponding VRR loan interest and the Class A1, Class A2 and
Class B notes. The RFN notes rank pari passu with the Class A1
notes. According to DBRS Morningstar's analysis, the liquidity
reserve amount is equivalent to approximately 17.5 months' coverage
on the covered notes, based on the annual interest rate cap strike
rate of 1.75% and 10.8 months' coverage based on the LIBOR cap
after loan maturity of 5.0% per year.

The Class E notes and Class F notes are subject to an available
funds cap where the shortfall is attributable to an increase in the
weighted-average margin of the notes. The final legal maturity of
the notes is expected to be in February 2030, five years after the
fully extended loan term. Given the security structure and
jurisdiction of the underlying loan, DBRS Morningstar believes the
final legal maturity date provides sufficient time to enforce, if
necessary, on the loan collateral and repay the bondholders.

The transaction includes a Class X diversion trigger event, meaning
that if the Class X diversion triggers, set at 7.6% for DY, which
increases to 8.0% once a loan extension is exercised, and 71.16%
for LTV, were breached, any interest and prepayment fees due to the
Class X noteholders will instead be paid directly to the Issuer
transaction account and credited to the Class X diversion ledger.
However, such funds can potentially be used to amortize the notes
only following a sequential payment trigger event or the delivery
of a note acceleration notice.

Notes: All figures are in Euros unless otherwise noted.



===============
X X X X X X X X
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[*] BOND PRICING: For the Week October 28 to November 1, 2019
-------------------------------------------------------------
Issuer                   Coupon    Maturity  Currency  Price
------                   ------    --------  --------  -----
Hema Bondco I BV          6.250    7/15/2022   EUR     73.739
Tereos Finance Groupe     4.125    6/16/2023   EUR     64.436
Hema Bondco II BV         8.500    1/15/2023   EUR     40.886
Pro-Gest SpA              3.250   12/15/2024   EUR     44.007
Jain International Tra    7.125     2/1/2022   USD     29.250
Thomas Cook Group PLC     6.250    6/15/2022   EUR      8.434
Nostrum Oil & Gas Fina    8.000    7/25/2022   USD     48.093
Valaris plc               7.750     2/1/2026   USD     55.874
Teva Pharmaceutical Fi    1.625   10/15/2028   EUR     71.429
Mallinckrodt Internati    4.875    4/15/2020   USD     59.118
Aldesa Financial Servi    7.250     4/1/2021   EUR     44.953
Lecta SA                  6.500     8/1/2023   EUR     40.474
Astaldi SpA               7.125    12/1/2020   EUR     21.155
Petra Diamonds US Trea    7.250     5/1/2022   USD     74.304
Mallinckrodt Internati    5.750     8/1/2022   USD     39.394
Casino Guichard Perrac    1.033                EUR     33.848
Ferroglobe PLC / Globe    9.375     3/1/2022   USD     64.345
Nostrum Oil & Gas Fina    7.000    2/16/2025   USD     52.812
Moby SpA                  7.750    2/15/2023   EUR     30.068
La Financiere Atalian     4.000    5/15/2024   EUR     66.709
AXA SA                    0.075                EUR     73.516
Banque Federative du C    0.368                EUR     73.393
Ageasfinlux SA            0.966                EUR     50.746
Senvion Holding GmbH      3.875   10/25/2022   EUR      7.049
Mallinckrodt Internati    4.750    4/15/2023   USD     31.375
Valaris plc               5.750    10/1/2044   USD     42.700
Neoen SA                  1.875    10/7/2024   EUR     29.886
Valaris plc               8.000    1/31/2024   USD     66.553
Aggregate Holdings SA     5.000    8/10/2021   EUR     69.725
Casino Guichard Perrac    3.992                EUR     53.886
Obrascon Huarte Lain S    4.750    3/15/2022   EUR     66.603
Kirk Beauty One GmbH      8.750    7/15/2023   EUR     73.558
Vallourec SA              2.250    9/30/2024   EUR     65.661
Boparan Finance PLC       4.375    7/15/2021   EUR     56.907
Intralot Capital Luxem    5.250    9/15/2024   EUR     53.874
Valaris plc               5.200    3/15/2025   USD     55.738
Mallinckrodt Internati    5.500    4/15/2025   USD     33.061
Thomas Cook Finance 2     3.875    7/15/2023   EUR      8.500
Pizzaexpress Financing    8.625     8/1/2022   GBP     14.890
Obrascon Huarte Lain S    5.500    3/15/2023   EUR     66.487
BNP Paribas Fortis SA     1.602                EUR     73.885
InterCement Financial     5.750    7/17/2024   USD     74.075
Rallye SA                 4.000     4/2/2021   EUR     25.500
Sudzucker Internationa    2.687                EUR     73.527
BNP Paribas SA            0.504                EUR     61.000
Mitsubishi UFJ Investo    4.088   12/15/2050   EUR     58.196
Mallinckrodt Internati    5.625   10/15/2023   USD     35.068
Officine Maccaferri-Sp    5.750     6/1/2021   EUR     58.003
Boparan Finance PLC       5.500    7/15/2021   GBP     57.013
Rothschild & Co Contin    2.375                USD     65.259
Naviera Armas SA          4.250   11/15/2024   EUR     71.828
Vallourec SA              4.125    10/4/2022   EUR      5.336
Astaldi SpA               4.875    6/21/2024   EUR     15.986
Valaris plc               4.500    10/1/2024   USD     57.019
Genfit                    3.500   10/16/2022   EUR     21.986
Rallye SA                 4.371    1/23/2023   EUR     25.623
Caisse Federale du Cre    0.590                EUR     71.437
Air France-KLM            0.125    3/25/2026   EUR     18.464
AXA SA                    0.450                EUR     74.537
AXA SA                    1.807                USD     74.630
Ferroglobe PLC / Globe    9.375     3/1/2022   USD     64.586
Aryzta AG                 3.500                CHF     75.836
La Financiere Atalian     5.125    5/15/2025   EUR     66.575
Galapagos Holding SA      7.000    6/15/2022   EUR      5.905
Intralot Capital Luxem    6.750    9/15/2021   EUR     72.011
Quadient                  3.375                EUR     56.868
Sydbank A/S               0.638                EUR     72.583
AXA SA                    2.330                USD     74.813
Debenhams PLC             5.250    7/15/2021   GBP     40.265
EA Partners II BV         6.750     6/1/2021   USD     41.333
Cooperativa Muratori &    6.000    2/15/2023   EUR      2.904
Societe Generale SA       2.625                USD     67.480
Lecta SA                  6.375     8/1/2022   EUR     40.736
Distribuidora Internac    1.000    4/28/2021   EUR     74.400
Distribuidora Internac    0.875     4/6/2023   EUR     46.413
EA Partners I BV          6.875    9/28/2020   USD     42.000
Fuerstenberg Capital I    5.625                EUR     74.559
Banco BPM SpA             1.484                EUR     72.775
Scandinavian Airlines     0.625                CHF     37.128
Korian SA                 2.500                EUR     46.853
Abengoa Abenewco 2 Bis    1.500    4/26/2024   EUR
Odea Bank AS              7.625     8/1/2027   USD     73.553
O1 Properties Finance     8.250    9/27/2021   USD     59.500
Privatbank CJSC Via UK   11.000     2/9/2021   USD     19.754
FF Group Finance Luxem    3.250    11/2/2021   CHF     11.437
BNP Paribas SA            2.139                USD     64.945
KCA Deutag UK Finance     9.625     4/1/2023   USD     62.247
Cooperativa Muratori &    6.875     8/1/2022   EUR      2.575
KCA Deutag UK Finance     9.875     4/1/2022   USD     61.912
Rallye SA                 4.000   11/23/2020   CHF     42.673
Jyske Bank A/S            0.266                EUR     73.583
NIBC Bank NV              0.552                EUR     61.892
FF Group Finance Luxem    1.750     7/3/2019   EUR      4.500
HOCHDORF Holding AG       2.500                CHF     46.137
Rallye SA                 5.250     2/1/2022   EUR     25.381
VIEO BV                   6.750     9/7/2020   EUR     42.200
Offshore Drilling Hold    8.375    9/20/2020   USD     28.584
Econocom Group SA/NV      0.500     3/6/2023   EUR      7.067
KCA Deutag UK Finance     7.250    5/15/2021   USD     61.717
Greenyard Fresh NV        3.750   12/22/2021   EUR     55.406
Credit Mutuel Arkea SA    0.216                EUR     67.523
LA Perla Fashion Finan    7.250    3/29/2023   EUR     24.915
Rallye SA                 3.250     2/8/2024   CHF     25.496
Air Berlin PLC            8.250    4/19/2018   EUR      2.341
BAT International Fina    2.250     9/9/2052   GBP     72.589
Grupo Isolux Corsan SA    0.250   12/30/2021   EUR      0.176
Privatbank CJSC Via UK   10.250    1/23/2018   USD     30.640
Top Gun Realisations 7    6.500     7/1/2022   GBP     18.637
Biocartis NV              4.000     5/9/2024   EUR     73.154
HSBC Bank PLC             2.375                USD     74.959
Banco Espirito Santo S    4.000    1/21/2019   EUR     20.279
DOF Subsea AS             8.810    5/22/2020   NOK     65.000
Scholz Holding Gmbh       8.500   12/31/2019   EUR      2.550
Mallinckrodt Internati    4.875    4/15/2020   USD     59.051
Constellation Oil Serv    6.250    11/9/2019   USD      4.000
ADLER Real Estate AG      2.500    7/19/2021   EUR     14.415
Quant AB                  6.000    2/15/2023   EUR     71.493
Transcapitalbank JSC V   10.000    9/18/2020   USD     56.250
Air Berlin PLC            6.750     5/9/2019   EUR      2.531
HSBC Bank PLC             2.500                USD     74.979
Constellation Oil Serv    9.500    11/9/2024   USD     43.543
NIBC Bank NV              2.627                USD     59.562
Bourbon Corp              6.446                EUR      3.057
Agrokor dd                9.875     5/1/2019   EUR     19.569
Petra Diamonds US Trea    7.250     5/1/2022   USD     74.075
Paragon GmbH & Co KGaA    4.500     7/5/2022   EUR     66.305
Pierre & Vacances SA      2.000     4/1/2023   EUR     52.648
Credit Lyonnais SACA      0.680                EUR     64.767
DNB Bank ASA              2.188                USD     62.500
Melin Group/Norway        7.110   10/30/2022   NOK     67.632
Banco Espirito Santo S    4.750    1/15/2018   EUR     26.623
DOF Subsea AS             9.500    3/14/2022   USD     61.918
Nexity SA                 0.125     1/1/2023   EUR     67.330
Hellenic Bank PCL        10.000                EUR     46.569
Lehman Brothers UK Cap    5.125                EUR      7.153
Evan Group PLC            6.000    7/31/2022   EUR     71.111
Grupo Isolux Corsan SA    6.000   12/30/2021   EUR      1.343
Lambay Capital Securit    6.250                GBP      0.794
EOS Imaging SA            6.000    5/31/2023   EUR      6.144
Rallye SA                 3.400    1/31/2022   EUR     25.501
Mitsubishi UFJ Investo    3.834   12/30/2099   EUR      4.654
Espirito Santo Financi    6.875   10/21/2019   EUR      0.112
Claranova SADIR           5.000     7/1/2023   EUR      1.180
Wasps Finance Plc         6.500    5/13/2022   GBP     69.670
UkrLandFarming PLC       10.875    3/26/2018   USD      8.321
Banco Espirito Santo S    2.625     5/8/2017   EUR     25.501
Nostrum Oil & Gas Fina    7.000    2/16/2025   USD     52.707
Bank Otkritie Financia   10.000    4/26/2019   USD      8.126
Rickmers Holding AG       8.875    6/11/2018   EUR      1.597
Avangardco Investments   10.000   10/29/2018   USD      8.000
Immigon Portfolioabbau    6.059                EUR     14.313
Steinhoff Finance Hold    1.250   10/21/2023   EUR     45.618
House of Fraser Fundin    6.553    9/15/2020   GBP      2.635
Nostrum Oil & Gas Fina    8.000    7/25/2022   USD     47.671
Union Fenosa Preferent    1.237                EUR     70.500
Maisons du Monde SA       0.125    12/6/2023   EUR     44.331
La Financiere Atalian     6.625    5/15/2025   GBP     65.717
Nexity SA                 0.250     3/2/2025   EUR     69.881
Societe Generale SA       0.597                EUR     57.760
Verimatrix SA             6.000    6/29/2022   EUR      3.885
DOF Subsea AS             9.590   11/27/2023   NOK     55.541
Allied Irish Banks PLC   12.500    6/25/2035   GBP     71.818
Afren PLC                 6.625    12/9/2020   USD      0.495
Natixis SA                0.300    6/25/2048   USD     42.588
Mallinckrodt Internati    5.500    4/15/2025   USD     32.864
Fuerstenberg Capital E    1.287                EUR     65.000
NTRP Via Interpipe Ltd   10.250     8/2/2017   USD     30.268
CMA CGM SA                5.250    1/15/2025   EUR     65.328
DNB Bank ASA              2.188                USD     62.850
Linas Matkasse Newco A    8.000    10/9/2022   SEK     55.000
Air Berlin PLC            5.625     5/9/2019   CHF      2.456
Barclays Bank PLC         2.313                USD     74.125
Tennor Finance BV         5.750    6/17/2024   EUR     30.636
Alitalia-Societa Aerea    5.250    7/30/2020   EUR      6.507
SLM Solutions Group AG    5.500   10/11/2022   EUR     72.800
InterCement Financial     5.750    7/17/2024   USD     74.159
FIGEAC-AERO               1.125   10/18/2022   EUR     23.868
Melin Group/Norway        9.610    1/30/2023   NOK     72.694
DNB Bank ASA              2.375                USD     63.120
Cirio Holding Luxembou    6.250    2/16/2004   EUR      1.210
Hema Bondco II BV         8.500    1/15/2023   EUR     43.459
HOCHDORF Holding AG       3.500    3/30/2020   CHF     25.000
KCA Deutag UK Finance     9.875     4/1/2022   USD     62.008
Banca Popolare di Vice    9.500    9/29/2025   EUR      0.579
Barclays Bank PLC         2.438                USD     74.871
Mallinckrodt Internati    5.750     8/1/2022   USD     39.379
OSX 3 Leasing BV         13.000    3/20/2015   USD     22.000
Top Gun Realisations 7    8.000     7/1/2023   GBP      0.637
CNP Assurances            2.000                EUR     74.000
Koninklijke Luchtvaart    0.750                CHF     36.600
Virgolino de Oliveira    10.500    1/28/2018   USD      3.501
Abengoa Abenewco 2 Bis    1.500    4/26/2024   USD     10.318
Paragon GmbH & Co KGaA    4.000    4/23/2024   CHF     70.000
Santhera Pharmaceutica    5.000    2/17/2022   CHF     68.371
Yuksel Insaat AS          9.500   11/10/2015   USD      1.000
Bilt Paper BV             9.640                USD      1.000
New World Resources NV    4.000    10/7/2020   EUR      0.504
Hellenic Republic Gove    2.085    7/25/2057   EUR     51.276
Credit Suisse AG          0.987    8/28/2030   USD     71.500
Thomas Cook Group PLC     6.250    6/15/2022   EUR      8.434
Rallye SA                 1.000    10/2/2020   EUR     26.000
Elli Investments Ltd     12.250    6/15/2020   GBP     55.000
Dexia SA                  1.405                EUR      8.113
Europejskie Centrum Od    5.790    4/14/2020   PLN     49.510
Frey                      6.000   11/15/2022   EUR     27.610
Banco Espirito Santo S    7.125   11/28/2023   EUR      0.126
BBVA International Pre    1.670                GBP     64.047
Prime Living AB           7.000   10/19/2020   SEK      5.000
Agrokor dd                9.125     2/1/2020   EUR     19.049
Mallinckrodt Internati    5.625   10/15/2023   USD     34.746
JZ Capital Partners Lt    6.000    7/30/2021   GBP     10.100
Tresu Investment Holdi    5.000    9/29/2022   EUR     41.625
Dexia Credit Local SA     1.326                EUR      7.925
Enertronica SpA           7.000   12/31/2022   EUR     55.600
Capital Raising GmbH      7.500                EUR     58.874
ESFIL-Espirito Santo F    5.250    6/12/2015   EUR      0.059
Russian Federal Bond -    0.250    7/20/2044   RUB     22.870
Portugal Telecom Inter    6.250    7/26/2016   EUR      0.699
Virgolino de Oliveira    11.750     2/9/2022   USD      4.207
BNP Paribas SA            1.636    4/30/2033   USD     66.165
KCA Deutag UK Finance     9.625     4/1/2023   USD     61.800
Alno AG                   8.500    5/14/2018   EUR      6.510
Stichting Afwikkeling    11.250                EUR      1.039
Privatbank CJSC Via UK   10.875    2/28/2018   USD     31.969
Norske Skog ASA          11.750   12/15/2019   EUR     34.793
SSM Holding AB            8.000     5/9/2020   SEK     68.705
OGX Austria GmbH          8.500     6/1/2018   USD      0.001
Top Gun Realisations 7    4.500     7/1/2022   EUR     28.267
Banco Santander SA        1.967                EUR      3.131
CBo Territoria            3.750     7/1/2024   EUR      4.850
EFG International AG      0.791                EUR     39.729
GNB - Cia de Seguros d    3.102                EUR     74.232
HSBC France SA            0.545                EUR     56.500
Agrokor dd                8.875     2/1/2020   USD     19.235
Barclays Bank PLC         1.750                GBP     74.579
WPE International Coop   10.375    9/30/2020   USD      4.429
Lehman Brothers UK Cap    6.900                USD      3.470
Praktiker AG              5.875    2/10/2016   EUR      0.546
New World Resources NV    8.000     4/7/2020   EUR      1.461
KCA Deutag UK Finance     7.250    5/15/2021   USD     61.547
Pizzaexpress Financing    8.625     8/1/2022   GBP     15.730
Cirio Finance Luxembou    7.500    11/3/2002   EUR      3.294
HPI AG                    3.500                EUR      2.750
Deutsche Bank AG/Londo    0.116    6/30/2034   USD     72.834
Banco Espirito Santo S    2.237                EUR      0.389
Kaupthing ehf             7.625    2/28/2015   USD      0.250
LBI ehf                   6.100    8/25/2011   USD      7.875
Havila Shipping ASA       6.270    11/7/2020   NOK     59.221
Lehman Brothers UK Cap    3.875                EUR      7.137
GEWA 5 to 1 GmbH & Co     6.500    3/24/2018   EUR      5.000
Abengoa Abenewco 2 Bis    1.500    4/26/2024   USD     10.318
Windreich GmbH            6.500     3/1/2015   EUR      8.010
Hybrid Raising GmbH       6.625                EUR     60.699
Banco Pinto & Sotto Ma    1.150                EUR     55.110
Del Monte Finance Luxe    6.625    5/24/2006   EUR      3.331
HSBC Bank PLC             2.350                USD     74.959
Pro-Gest SpA              3.250   12/15/2024   EUR     43.953
Waste Italia SpA         10.500   11/15/2019   EUR      0.662
Hamon & CIE SA            5.500    1/30/2020   EUR     49.474
Stichting Afwikkeling     6.250   10/26/2020   EUR      1.000
KTG Agrar SE              7.125     6/6/2017   EUR      0.561
Afren PLC                11.500     2/1/2016   USD      0.507
Aldesa Financial Servi    7.250     4/1/2021   EUR     45.057
KTG Agrar SE              7.250   10/15/2019   EUR      0.561
Hellas Telecommunicati    6.054    1/15/2015   USD      0.046
Banca Popolare di Vice    2.821   12/20/2017   EUR      0.250
Barclays Bank PLC         2.875                USD     74.875
Eramet                    4.000                EUR     53.895
Deutsche Bank AG/Londo    0.410   10/31/2034   USD     67.911
Cirio Del Monte NV        7.750    3/14/2005   EUR      0.459
OGX Austria GmbH          8.375     4/1/2022   USD      0.001
International Industri    9.000     7/6/2011   EUR      0.289
Hellas Telecommunicati    8.500   10/15/2013   EUR      0.666
Norske Skog Holding AS    8.000    2/24/2021   EUR      0.352
Prime Living AB           4.500    9/29/2020   SEK     36.279
CMA CGM SA                6.500    7/15/2022   EUR     71.343
Activa Resources AG       0.500   11/15/2021   EUR     15.000
Island Offshore Shipho    4.090    6/30/2021   NOK     12.500
Norske Skogindustrier     7.000   12/30/2026   EUR      0.140
Aralco Finance SA        10.125     5/7/2020   USD      1.591
Orient Express Bank PJ   10.000                USD     41.379
Senvion Holding GmbH      3.875   10/25/2022   EUR      7.049
Veneto Banca SpA          9.500    12/1/2025   EUR      0.849
Alno AG                   8.000    3/21/2019   EUR      5.100
Lecta SA                  6.375     8/1/2022   EUR     41.005
German Pellets GmbH       7.250     7/9/2018   EUR      0.549
Breeze Finance SA         6.708    4/19/2027   EUR     20.500
SeniVita Sozial gGmbH     7.000                EUR     51.000
Afren PLC                10.250     4/8/2019   USD      0.507
Finmek International S    7.000    12/3/2004   EUR      2.193
Erotik-Abwicklungsgese    7.750     7/9/2019   EUR      0.779
Cattles Ltd               8.125     7/5/2017   GBP      0.255
German Pellets GmbH       7.250   11/27/2019   EUR      0.617
BIM SAS                   2.500   11/13/2020   EUR     22.345
Norske Skog Holding AS    8.000    2/24/2023   USD      2.246
Solship Invest 1 AS       5.000    12/8/2024   NOK     10.000
Barclays Bank PLC         0.072    6/17/2033   USD     70.980
Offshore Drilling Hold    8.375    9/20/2020   USD     29.645
BOA Offshore AS           0.409    7/17/2047   NOK      8.667
Thomas Cook Finance 2     3.875    7/15/2023   EUR      8.645
Espirito Santo Financi    3.125    12/2/2018   EUR      0.192
Windreich GmbH            6.500    7/15/2016   EUR      8.324
PA Resources AB          13.500     3/3/2016   SEK      0.124
Vseukrainsky Aktsinern   10.900    6/14/2019   USD      1.056
Espirito Santo Financi    9.750   12/19/2025   EUR      0.192
Tonon Luxembourg SA       9.250    1/24/2020   USD      0.464
OGX Austria GmbH          8.500     6/1/2018   USD      0.001
Alpine Holding GmbH       6.000    5/22/2017   EUR      0.652
MS Deutschland Beteili    6.875   12/18/2017   EUR      2.200
Fuerstenberg Capital D    5.310                EUR     74.467
Kaupthing ehf             5.750    10/4/2011   USD      0.250
Rena GmbH                 8.250    7/11/2018   EUR      2.096
Manchester Building So    6.750                GBP     13.501
APP International Fina   11.750    10/1/2005   USD      1.148
Cooperatieve Rabobank     0.500    7/30/2043   MXN     17.144
Corporate Commercial B    8.250     8/8/2014   USD      0.805
Dolphin Drilling ASA      4.490    8/28/2019   NOK      4.411
Manchester Building So    8.000                GBP      9.647
SAG Solarstrom AG         6.250   12/14/2015   EUR     31.000
Cooperatieve Rabobank     0.500   10/29/2027   MXN     56.011
Decipher Production Lt   12.500    9/27/2019   USD      1.500
Virgolino de Oliveira    10.875    1/13/2020   USD     16.000
Norske Skogindustrier     2.000   12/30/2115   EUR      0.096
Lloyds Bank PLC           1.428    1/29/2034   USD     65.300
Lehman Brothers UK Cap    5.750                EUR      1.429
Saleza AS                 9.000    7/12/2021   EUR      0.035
Vneshprombank Ltd Via     9.000   11/14/2016   USD      0.158
Moby SpA                  7.750    2/15/2023   EUR     29.110
Astaldi SpA               7.125    12/1/2020   EUR     21.155
Sairgroup Finance BV      4.375     6/8/2006   EUR      9.125
CRC Breeze Finance SA     6.110     5/8/2026   EUR     50.875
Banco Espirito Santo S    6.875    7/15/2016   EUR     24.766
International Industri   11.000    2/19/2013   USD      0.290
Privatbank CJSC Via UK   10.875    2/28/2018   USD     31.969
German Pellets GmbH       7.250     4/1/2016   EUR      0.757
Cooperatieve Rabobank     0.500    2/26/2029   HUF     71.660
Landesbank Hessen-Thue    0.099     5/3/2041   EUR     72.624
Air Berlin Finance BV     6.000     3/6/2019   EUR      2.427
Intralot Capital Luxem    5.250    9/15/2024   EUR     53.992
Banco Espirito Santo S    2.417                EUR      1.005
Barclays Bank PLC        10.000    5/28/2020   USD     65.500
Bulgaria Steel Finance   12.000     5/4/2013   EUR      0.216
Naviera Armas SA          4.250   11/15/2024   EUR     72.218
Societe Generale SA       2.580   10/29/2032   USD     70.500
Mriya Agro Holding PLC   10.950    3/30/2016   USD      2.029
Lloyds Bank PLC           1.395    7/26/2033   USD     67.194
Heta Asset Resolution     0.066   12/31/2023   EUR      2.000
Banco Espirito Santo S    6.900    6/28/2024   EUR     26.797
Lecta SA                  6.500     8/1/2023   EUR     41.007
Zurcher Kantonalbank F   11.880    12/5/2019   USD     57.110
O1 Properties Finance     7.000    1/29/2021   USD     71.180
Galapagos Holding SA      7.000    6/15/2022   EUR      5.905
Steilmann SE              7.000     3/9/2017   EUR      1.429
O1 Properties Finance     8.250    9/27/2021   USD     57.357
Barclays Bank PLC         0.656   10/10/2029   USD     70.935
Portigon AG               7.460   12/31/2019   EUR     29.000
Stichting Afwikkeling     2.343                EUR      0.605
Alpine Holding GmbH       5.250    6/10/2016   EUR      0.652
Rio Forte Investments     4.000    7/22/2014   EUR      5.239
KPNQwest NV              10.000    3/15/2012   EUR      0.863
Severstal PJSC            8.650    3/27/2026   RUB     66.010
Caixa Economica Montep    5.000                EUR     50.000
La Financiere Atalian     4.000    5/15/2024   EUR     66.624
Constellation Oil Serv    9.500    11/9/2024   USD     43.419
Cooperatieve Rabobank     0.500   10/30/2043   MXN     16.870
Pescanova SA              8.750    2/17/2019   EUR      0.305
International Finance     0.500    6/24/2024   ZAR     70.110
Depfa Funding II LP       6.500                EUR     58.961
Region of Molise Italy    0.141   12/15/2033   EUR     63.784
CBo Territoria            6.000     1/1/2020   EUR      3.750
Agrokor dd Via Aquariu    4.921     8/8/2017   EUR     14.375
Deutsche Bank AG/Londo    0.500   10/18/2038   MXN     19.864
IT Holding Finance SA     9.875   11/15/2012   EUR      0.237
Sequa Petroleum NV        5.000    4/29/2020   USD     69.125
Afren PLC                11.500     2/1/2016   USD      0.507
Eniro AB                  6.000    4/14/2020   SEK     43.245
Sairgroup Finance BV      6.625    10/6/2010   EUR      9.146
Afren PLC                 6.625    12/9/2020   USD      0.495
Intralot Capital Luxem    6.750    9/15/2021   EUR     71.740
Boparan Finance PLC       5.500    7/15/2021   GBP     57.026
Solon SE                  1.375    12/6/2012   EUR      1.356
Rena GmbH                 7.000   12/15/2015   EUR      2.096
Marine Subsea AS          9.000   12/16/2019   USD      0.688
Gebr Sanders GmbH & Co    8.750   10/22/2018   EUR     15.000
Depfa Funding III LP      0.378                EUR     56.332
Otkritie Holding JSC     12.620    4/25/2028   RUB
Societe Generale SA      12.000     7/8/2021   USD     49.470
SpareBank 1 SR-Bank AS    1.426   12/21/2030   EUR     71.663
La Financiere Atalian     6.625    5/15/2025   GBP     65.556
Banque Federative du C    0.746                EUR     72.582
Deutsche Agrar Holding    7.250    9/28/2018   EUR      1.254
getgoods.de AG            7.750    10/2/2017   EUR      0.126
Portugal Telecom Inter    5.242    11/6/2017   EUR      0.694
Zaklady Miesne Henryk     6.970    3/29/2021   PLN      1.000
Societe Generale SA      10.000    6/26/2025   USD     70.950
La Financiere Atalian     5.125    5/15/2025   EUR     66.615
Region of Abruzzo Ital    0.150    11/7/2036   EUR     64.057
Chr Bygga Bostader Hol    9.000     7/5/2021   SEK     50.000
Steilmann SE              7.000    9/23/2018   EUR      1.429
Kommunekredit             0.500    7/30/2027   TRY     40.684
Teva Pharmaceutical Fi    4.100    10/1/2046   USD     68.995
Espirito Santo Financi    5.050   11/15/2025   EUR      0.771
Municipality Finance P    0.500    6/19/2024   ZAR     70.196
Waste Italia SpA         10.500   11/15/2019   EUR      0.662
Ahtium PLC                4.000   12/16/2015   EUR      0.539
Virgolino de Oliveira    10.500    1/28/2018   USD      3.501
Afren PLC                10.250     4/8/2019   USD      0.507
EDOB Abwicklungs AG       7.500     4/1/2012   EUR      1.082
Phosphorus Holdco PLC    10.000     4/1/2019   GBP      3.315
Officine Maccaferri-Sp    5.750     6/1/2021   EUR     56.800
Kirk Beauty One GmbH      8.750    7/15/2023   EUR     73.858
Veneto Banca SpA          6.411                EUR      0.705
Havila Shipping ASA       5.000    11/7/2020   NOK     45.000
Mifa Mitteldeutsche Fa    7.500    8/12/2018   EUR      2.400
Cooperatieve Rabobank     0.500   12/29/2027   MXN     54.537
Agrokor dd                9.125     2/1/2020   EUR     18.588
Mobylife Holding A/S      7.250    5/23/2020   SEK      8.125
Cooperatieve Rabobank     0.500    1/31/2033   MXN     34.729
Touax SCA-SGTR-CITE-SG    6.000    7/10/2020   EUR     17.494
Finance and Credit Ban    9.250    1/25/2019   USD      0.737
KPNQwest NV               8.125     6/1/2009   USD      0.863
Odea Bank AS              7.625     8/1/2027   USD     73.534
Boparan Finance PLC       4.375    7/15/2021   EUR     56.883
OGX Austria GmbH          8.375     4/1/2022   USD      0.001
Tonon Luxembourg SA      12.500    5/14/2024   USD      1.402
Podkarpacki Bank Spold    5.790     7/2/2020   PLN     67.270
Mriya Agro Holding PLC    9.450    4/19/2018   USD      4.818
SiC Processing GmbH       7.125     3/1/2016   EUR      2.391
Teksid Aluminum Luxemb   12.375    7/15/2011   EUR      0.115
Stichting Afwikkeling     6.625    5/14/2018   EUR      1.000
Agrokor dd                8.875     2/1/2020   USD     19.235
Royalbeach Spielwaren     7.375   11/10/2020   EUR      0.500
Mox Telecom AG            7.250    11/2/2017   EUR      2.362
Hamburgische Landesban    0.012   10/30/2040   EUR     66.761
Norske Skogindustrier     7.125   10/15/2033   USD      0.140
Steilmann SE              6.750    6/27/2017   EUR      2.184
Landesbank Schleswig-H    2.373     1/5/2040   USD     49.191
Kaupthing ehf             5.750    10/4/2011   USD      0.250
Constellation Oil Serv    6.250    11/9/2019   USD      4.195
SAG Solarstrom AG         7.500    7/10/2017   EUR     31.000
Bank Julius Baer & Co     7.200   11/11/2019   CHF     69.850
New World Resources NV    8.000     4/7/2020   EUR      1.461
Pescanova SA              5.125    4/20/2017   EUR      0.305
Sberbank of Russia PJS    0.010     4/1/2021   RUB     61.000
New World Resources NV    4.000    10/7/2020   EUR      0.504
International Finance     0.500    6/29/2027   ZAR     52.164
Barclays Bank PLC        10.500    5/29/2020   USD     27.380
UniCredit Bank AG        12.000     1/3/2020   EUR     66.150
Veneto Banca SpA          6.944    5/15/2025   EUR      0.550
Atari SA                  0.100     4/1/2020   EUR
Societe Generale SA       1.600     1/9/2020   GBP      1.110
Norske Skogindustrier     7.125   10/15/2033   USD      0.140
Air Berlin Finance BV     8.500     3/6/2019   EUR      2.507
RSG-Finance LLC          12.000     8/8/2024   RUB     65.240
Kardan NV                 6.325    1/15/2020   ILS      8.900
A-TEC Industries AG       5.750    11/2/2010   EUR      0.141
Bilt Paper BV             9.640                USD      1.000
O1 Properties Finance    13.000    10/2/2020   RUB    100.000
Reso-Leasing OOO          9.500    10/3/2025   RUB     63.380
Veneto Banca SpA          6.950    2/25/2025   EUR      0.100
Lehman Brothers Treasu    1.928    10/5/2035   EUR      3.400
Rosselkhozbank JSC        8.600    7/15/2025   RUB     63.010
Alpine Holding GmbH       5.250     7/1/2015   EUR      0.652
Bibby Offshore Service    7.500    6/15/2021   GBP     11.500
SAir Group                0.125     7/7/2005   CHF      9.875
SG Issuer SA              5.000    7/10/2020   EUR     12.500
Landesbank Hessen-Thue    5.900    8/25/2023   EUR     59.130
KPNQwest NV               8.875     2/1/2008   EUR      0.863
Societe Generale SA       8.000    5/28/2027   USD     32.400
Norske Skog Holding AS    8.000    2/24/2023   USD      2.246
Bank Nadra Via NDR Fin    8.250    7/31/2018   USD      0.618
Top Gun Realisations 7    8.000     7/1/2023   GBP      0.637
Bibby Offshore Service    7.500    6/15/2021   GBP     11.500
Norske Skog Holding AS    8.000    2/24/2021   EUR      0.352
SAir Group                5.125     3/1/2003   CHF     13.500
Finans-Avia OOO          10.000    7/31/2022   RUB      7.380
Rosneft Oil Co PJSC       8.700    3/23/2029   RUB     63.110
Rosselkhozbank JSC       15.000    1/29/2025   RUB     69.020
Lehman Brothers Treasu    2.000    3/16/2035   EUR      3.400
Gold-Zack AG              7.000   12/14/2005   EUR     11.500
UBS AG/London             7.200    5/22/2020   EUR     75.170
International Bank of     8.250    10/9/2024   USD     61.250
Espirito Santo Financi    0.524   10/27/2024   EUR      1.335
Northland Resources AB   15.000    7/15/2019   USD      2.621
Lehman Brothers Treasu    2.875    3/14/2013   CHF      3.750
Minicentrales Dos SA      0.010     6/6/2047   EUR     65.750
Cooperativa Muratori &    6.000    2/15/2023   EUR      2.904
Vontobel Financial Pro    5.650   12/13/2019   EUR     75.300
Credit Suisse AG/Londo    8.000   11/29/2019   USD      2.530
Commerzbank AG            6.000     6/6/2022   USD      2.970
Cooperatieve Rabobank     0.500   11/30/2027   MXN     54.478
Barclays Bank PLC         0.500    1/28/2033   MXN     34.552
La Veggia Finance SA      7.125   11/14/2004   EUR      0.287
Sberbank of Russia PJS    8.800     3/7/2024   RUB     65.700
AKB Peresvet ZAO          0.510    2/14/2032   RUB     11.890
Grupo Isolux Corsan SA    6.000   12/30/2021   USD      1.343
SALVATOR Vermoegensver    9.500                EUR     15.600
Banca del Monte di Luc    2.387    6/29/2020   EUR     68.683
TransFin-M PAO           10.250    11/3/2027   RUB     60.660
Commerzbank AG            6.000     5/9/2022   USD      1.880
Kaupthing ehf             3.328                ISK      0.250
Hellas Telecommunicati    8.500   10/15/2013   EUR      0.666
Er-Telekom Holding ZAO   10.850    12/1/2021   RUB     60.060
Golden Gate AG            6.500   10/11/2014   EUR     37.600
Stichting Afwikkeling     8.450    8/20/2018   USD      1.000
Rosselkhozbank JSC        8.600    7/11/2025   RUB     62.170
EFG International Fina    6.100    7/11/2024   CHF     70.870
J&T Banka AS              9.000                EUR     73.081
UniCredit Bank AG         6.600    7/20/2028   EUR     33.410
Bank Otkritie Financia   10.000    4/26/2019   USD      8.126
Raiffeisen Centrobank     6.250   11/25/2019   EUR     52.570
Transneft PJSC            9.650    6/30/2023   RUB     68.000
Finans-Avia OOO           0.010    7/31/2027   RUB      3.670
UkrLandFarming PLC       10.875    3/26/2018   USD      8.321
Sberbank of Russia PJS    0.010    3/15/2023   RUB     61.000
Deutsche ETP GmbH & Co    3.000   11/30/2028   EUR     11.130
Sibur Holding PAO         9.650    9/16/2026   RUB     66.000
Credit Suisse AG/Londo   23.000    5/13/2020   USD     34.000
BLT Finance BV           12.000    2/10/2015   USD     10.500
Otkritie Holding JSC     11.500    7/14/2027   RUB
ECM Real Estate Invest    5.000    10/9/2011   EUR     15.375
Northland Resources AB    4.000   10/15/2020   USD      0.138
A-TEC Industries AG       8.750   10/27/2014   EUR      0.141
Sberbank of Russia PJS    7.550    7/12/2021   RUB     60.850
Union Technologies Inf    0.100     1/1/2020   EUR      6.500
Vivid Games SA            7.720     5/5/2020   PLN     62.000
Reso-Leasing OOO          9.600   10/30/2025   RUB    100.010
Kaupthing ehf             6.125    10/4/2016   USD      0.250
Otkritie Holding JSC     10.770    9/17/2027   RUB
Ahtium PLC                9.750     4/4/2017   EUR      0.976
Virgolino de Oliveira    11.750     2/9/2022   USD      4.207
KPNQwest NV               7.125     6/1/2009   EUR      0.863
Heta Asset Resolution     0.356   12/31/2023   EUR      2.000
Ideal Standard Interna   11.750     5/1/2018   EUR      0.274
A-TEC Industries AG       2.750    5/10/2014   EUR      0.141
Minicentrales Dos SA      0.010     6/6/2047   EUR     65.750
DekaBank Deutsche Giro    0.010    6/29/2046   EUR     70.490
Credit Suisse AG/Londo    6.250   11/28/2025   USD     11.627
Anglian Water Services    1.152    1/26/2057   GBP     75.155
Solarwatt GmbH            7.000    11/1/2015   EUR     15.500
Agrokor dd                9.875     5/1/2019   EUR     19.569
Lehman Brothers Treasu    1.928    11/2/2035   EUR      3.400
Heta Asset Resolution     0.281   12/31/2023   EUR      2.000
AlphaNotes ETP Dac        0.010     9/9/2029   USD     67.234
Raiffeisen Centrobank     5.500    12/6/2019   EUR     72.010
Leonteq Securities AG/    8.000    7/29/2020   EUR     52.370
BNP Paribas Issuance B    5.000    6/12/2023   SEK     70.070
SG Issuer SA              4.000    6/22/2026   EUR     62.720
getBACK SA                5.720    2/16/2021   PLN
RENE LEZARD Mode GmbH     7.250   11/25/2017   EUR      1.760
AKB Peresvet ZAO         13.250    4/25/2018   RUB     18.625
Grupo Isolux Corsan SA    0.250   12/30/2018   EUR      0.152
Lehman Brothers Treasu    8.875    1/28/2011   HKD      3.400
Federal Grid Co Unifie    5.700    3/23/2050   RUB     73.870
EFG International Fina    6.130    6/20/2024   EUR     70.920
Phosphorus Holdco PLC    10.000     4/1/2019   GBP      3.315
EuroChem Mineral & Che    7.850    7/19/2023   RUB     60.850
SG Issuer SA              6.800     1/6/2020   USD     48.070
Societe Generale SA       9.000    7/22/2022   USD     29.720
Virgolino de Oliveira    10.875    1/13/2020   USD     16.000
Credit Suisse AG/Londo    2.900   10/28/2019   USD
Leonteq Securities AG/    7.000   11/13/2019   CHF     66.300
HSBC Trinkaus & Burkha    8.200   12/27/2019   EUR     69.660
Astana Finance BV         9.000   11/16/2011   USD     15.125
Federal Grid Co Unifie    5.700    6/30/2048   RUB     73.870
AKB Peresvet ZAO          0.510    6/23/2021   RUB     18.100
Top Gun Realisations 7    6.500     7/1/2022   GBP     18.637
Espirito Santo Financi    5.125    5/30/2016   EUR      1.290
Natixis SA                3.150     6/8/2021   USD     59.431
Sberbank of Russia PJS    7.550    7/12/2021   RUB     60.870
Natixis Structured Iss    1.125     8/9/2021   USD     74.170
Transneft PJSC            8.750    4/14/2027   RUB     63.070
Podkarpacki Bank Spold    5.090    5/28/2023   PLN     47.190
Tonon Luxembourg SA      12.500    5/14/2024   USD      1.402
Cooperativa Muratori &    6.875     8/1/2022   EUR      2.575
Top Gun Realisations 7    4.500     7/1/2022   EUR     28.267
Lehman Brothers Treasu    5.500    4/23/2014   EUR      2.571
Commerzbank AG           10.000     3/2/2020   EUR     21.840
Commerzbank AG            3.450   12/23/2019   GBP     43.210
Credit Suisse AG/Londo    9.000    3/19/2021   USD      9.460
Commerzbank AG            3.380    4/19/2021   USD     70.830
Lehman Brothers Treasu    6.650    8/24/2011   AUD      3.400
Astana Finance BV         7.875     6/8/2010   EUR     16.000
Otkritie Holding JSC     12.420     8/5/2025   RUB
Northland Resources AB    4.000   10/15/2020   NOK      0.138
Corner Banca SA          13.000    1/23/2020   CHF     71.000
Zaklady Miesne Henryk     6.970    3/29/2021   PLN      6.560
Plaza Centers NV          6.900     7/1/2020   ILS     21.020
Rosselkhozbank JSC        8.600   12/13/2024   RUB     64.960
O1 Group Finance OOO     11.000    4/22/2027   RUB
BNP Paribas Issuance B   12.600    2/17/2020   CHF     75.800
UniCredit Bank AG         4.250   11/21/2021   EUR     68.450
Podkarpacki Bank Spold    4.990    10/6/2021   PLN     58.280
Opus-Chartered Issuanc    5.500   10/26/2024   EUR      0.010
Leonteq Securities AG/   10.000   10/30/2019   CHF     63.440
COFIDUR SA                0.100   12/31/2024   EUR     24.500
Province of Brescia It    0.069   12/22/2036   EUR     66.358
HSBC Bank PLC             0.500   11/25/2025   BRL     65.119
Bank Otkritie Financia    0.010    9/24/2025   RUB     62.030
State of Saxony-Anhalt    0.134     7/3/2028   EUR     42.020
Lehman Brothers Treasu   11.000    6/29/2009   EUR      2.571
SAir Group                5.500    7/23/2003   CHF      9.875
Banca Popolare di Vice    9.500    10/2/2025   EUR      0.111
Windreich GmbH            6.250     3/1/2015   EUR      8.010
PSN Pm OOO                9.500    9/10/2026   RUB     21.625
Raiffeisen Centrobank     6.250   11/12/2019   EUR     52.130
Raiffeisen Schweiz Gen    6.150   11/13/2019   CHF     64.760
mybet Holding SE          6.250   12/12/2020   EUR      1.000
Societe Generale SA       8.000     6/2/2020   USD     74.000
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     59.160
SG Issuer SA              6.650   10/10/2021   EUR     71.100
Barclays Bank PLC         1.450    9/24/2038   MXN     30.693
Otkritie Holding JSC     12.090    12/8/2027   RUB      0.010
IT Holding Finance SA     9.875   11/15/2012   EUR      0.237
SAir Group                6.250   10/27/2002   CHF      9.875
Banco Espirito Santo S   10.000    12/6/2021   EUR      0.126
Societe Generale SA      14.880   11/29/2019   USD     17.520
Vontobel Financial Pro   11.000    9/25/2020   EUR     72.840
Leonteq Securities AG    10.750   10/30/2019   CHF     23.430
LBI ehf                   7.431                USD      0.001
Rio Forte Investments     3.900    7/10/2014   USD      5.250
Heta Asset Resolution     7.500   12/31/2023   ATS      2.000
Barclays Bank PLC         0.356   10/30/2034   USD     72.505
Credito Padano Banca d    3.100                EUR     34.433
Raiffeisen Centrobank     5.200   12/30/2019   EUR     68.320
Zurcher Kantonalbank F    8.000   10/31/2019   CHF     15.510
Natixis SA                2.100     6/8/2021   EUR     59.221
Vonetize Plc              6.000     8/1/2022   ILS     65.700
Federal Grid Co Unifie    5.300     9/7/2048   RUB     71.270
LBI ehf                   2.250    2/14/2011   CHF      7.875
Kaupthing ehf             9.000                USD      0.122
Heta Asset Resolution     0.250   12/31/2023   EUR      2.000
Credito Padano Banca d    3.100                EUR     34.685
UniCredit Bank AG         5.350   10/18/2020   EUR     63.550
UBS AG/London             8.500     1/6/2020   EUR     45.100
Credit Suisse AG/Nassa    7.000   12/30/2019   CHF     57.660
Raiffeisen Centrobank     5.500    6/30/2020   EUR     62.680
Araratbank OJSC           6.500   10/29/2019   USD     25.394
DZ Bank AG Deutsche Ze    7.000    6/24/2020   EUR     71.450
Irish Bank Resolution     6.750   11/30/2013   BGN     45.375
SG Issuer SA              3.000   10/10/2034   ZAR     42.616
Grupo Isolux Corsan SA    0.250   12/30/2021   USD      0.152
Kreditanstalt fuer Wie    0.250    10/6/2036   CAD     44.902
Barclays Bank PLC        12.860    5/28/2020   USD     65.000
House of Fraser Fundin    6.553    9/15/2020   GBP      3.646
Lehman Brothers Treasu    4.050    9/16/2008   EUR      2.571
SAir Group                4.250     2/2/2007   CHF      9.875
Deutsche Bank AG/Londo    0.500     4/5/2038   MXN     20.722
LBI ehf                   7.431                USD      0.001
Nota-Bank OJSC           13.500     4/1/2016   RUB     31.500
KPNQwest NV               8.875     2/1/2008   EUR      0.863
Natixis SA                3.150     6/9/2021   USD     59.546
Credit Suisse AG/Londo   11.500    7/28/2020   USD      9.610
First Mortgage Co Univ    6.500   12/12/2019   USD     25.290
UniCredit Bank AG         8.400     1/3/2020   EUR     69.030
Landesbank Hessen-Thue    5.450   11/17/2022   EUR     66.520
Raiffeisen Switzerland    7.000    7/11/2024   USD     55.900
Bayerische Landesbank     2.700    1/17/2020   EUR     74.920
Goldman Sachs & Co Wer   10.000    6/24/2020   EUR     74.640
Goldman Sachs & Co Wer   13.000    6/24/2020   EUR     60.050
Center-Invest Commerci    8.250     3/3/2022   RUB     63.110
Getin Noble Bank SA       5.790    8/30/2024   PLN     68.000
City of Predeal Romani    4.500    5/15/2026   RON     60.000
UniCredit Bank AG         4.100    10/1/2020   EUR     36.550
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     73.280
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     73.740
BNP Paribas SA            0.500   11/16/2032   MXN     34.942
Lehman Brothers Treasu    3.860    9/21/2011   SGD      3.750
Centrosolar Group AG      7.000    2/15/2016   EUR      2.387
Lehman Brothers Treasu    7.000    2/15/2012   EUR      2.571
SAir Group                6.250    4/12/2005   CHF      9.875
CMA CGM SA                6.500    7/15/2022   EUR     70.947
Otkritie Holding JSC     12.140    10/3/2036   RUB      0.010
Aralco Finance SA        10.125     5/7/2020   USD      1.591
Vontobel Financial Pro   20.500    9/25/2020   EUR     62.210
Zurcher Kantonalbank F    6.750   10/30/2019   USD     53.110
Zurcher Kantonalbank F   10.000   12/11/2019   CHF     74.920
Bank Julius Baer & Co     6.250    10/5/2020   CHF     63.650
UBS AG/London             7.500   11/12/2019   USD     64.200
SG Issuer SA              5.000    5/23/2024   EUR     61.970
DekaBank Deutsche Giro    7.000    2/28/2020   EUR     66.850
UniCredit Bank AG         5.400   11/29/2019   USD     28.650
UniCredit Bank AG        14.000     1/3/2020   EUR     35.180
Metalloinvest Holding     0.010     3/7/2022   RUB     65.020
Metalloinvest Holding     0.010     3/7/2022   RUB     65.000
UBS AG/London             8.750    11/4/2019   CHF     56.950
Main Road JSC             4.000   10/30/2028   RUB     73.510
Northland Resources AB   12.250    3/26/2016   USD      2.621
Credit Suisse AG/Londo    3.000   11/15/2025   ZAR     72.728
SG Issuer SA              5.500    4/10/2021   EUR     69.550
Lehman Brothers Treasu    4.350     8/8/2016   SGD      3.750
Societe Generale SA       0.500    5/22/2024   MXN     72.131
Lehman Brothers Treasu    4.050    9/16/2008   EUR      2.571
Samaratransneft-Termin   12.000    4/27/2022   RUB     11.220
Pescanova SA              6.750     3/5/2015   EUR      0.309
Bank Otkritie Financia    0.010    7/16/2025   RUB     65.000
Zurcher Kantonalbank F    9.500    11/1/2019   EUR     71.180
Commerzbank AG            1.000    11/2/2020   USD     10.820
DekaBank Deutsche Giro    3.500    1/24/2020   EUR     47.120
Araratbank OJSC           5.500    9/19/2023   USD     24.875
Natixis SA                2.750     3/1/2021   USD     69.997
Raiffeisen Centrobank     8.000     3/3/2020   EUR     64.350
SALVATOR Vermoegensver    9.500   12/31/2021   EUR      6.000
Landesbank Baden-Wuert    3.500   12/29/2020   EUR     61.910
Leonteq Securities AG    16.000    11/4/2019   USD     59.190
Leonteq Securities AG    13.750    11/7/2019   CHF     58.650
EFG International Fina    5.550    7/12/2021   USD     54.890
mybet Holding SE          6.250   12/11/2020   EUR     10.000
Landesbank Hessen-Thue    3.000   11/11/2019   EUR     54.900
Lehman Brothers Treasu    6.300   12/21/2018   USD      2.571
Irish Bank Resolution     4.000    4/23/2018   EUR     45.310
Lloyds Bank PLC           0.500    7/26/2028   MXN     51.517
Cooperatieve Rabobank     0.500    8/21/2028   MXN     51.158
Otkritie Holding JSC     12.420    7/20/2028   RUB      1.940
Elli Investments Ltd     12.250    6/15/2020   GBP     55.000
MIK OAO                  15.000    2/19/2020   RUB     13.550
Barclays Bank PLC         2.000    6/12/2029   TRY     41.307
Lehman Brothers Treasu    4.680   12/12/2045   EUR      2.571
Kaupthing ehf             5.350    5/10/2045   ISK      0.250
Lehman Brothers Treasu    5.120    4/30/2027   EUR      2.571
Norske Skogindustrier     2.000   12/30/2115   EUR      0.096
KPNQwest NV               7.125     6/1/2009   EUR      0.863
Samaratransneft-Termin   17.000    6/20/2021   RUB      7.010
Raiffeisen Centrobank     7.000    10/9/2020   EUR     72.120
Bank Julius Baer & Co    11.750    12/6/2019   USD     55.950
Landesbank Baden-Wuert    5.000    3/26/2021   EUR     68.240
Bank J Safra Sarasin A   10.400     3/5/2020   CHF     59.000
Landesbank Hessen-Thue    2.600    7/29/2020   EUR     64.600
Raiffeisen Centrobank     5.200     2/3/2020   EUR     68.270
Corner Banca SA          10.600    1/13/2020   CHF     72.980
Raiffeisen Schweiz Gen    6.500    1/20/2020   CHF     68.500
Banque Cantonale Vaudo    8.900    11/8/2019   CHF     60.160
Leonteq Securities AG     7.400   11/25/2020   CHF     45.930
Natixis SA                3.100    7/26/2021   USD     61.651
UBS AG/London             8.500   11/15/2019   CHF     47.000
Goldman Sachs & Co Wer   15.000   12/27/2019   EUR     54.280
Societe Generale SA      12.000     4/2/2020   USD     48.200
Leonteq Securities AG     3.900   12/20/2024   CHF     64.010
BNP Paribas Emissions-   14.000   12/30/2019   EUR     66.250
UniCredit Bank AG         6.900     1/3/2020   EUR     52.020
Danske Bank A/S          10.300     7/9/2023   SEK     51.000
Metalloinvest Holding     0.010    3/10/2022   RUB     66.510
Getin Noble Bank SA       6.790    7/28/2023   PLN     73.010
TGC-1 PJSC                5.800    2/14/2022   RUB     66.000
Bank Julius Baer & Co    10.800    1/21/2020   USD     62.300
Commerzbank AG            3.200     4/6/2020   USD     58.200
Raiffeisen Schweiz Gen    4.700    11/4/2020   CHF     61.470
Landesbank Hessen-Thue    4.000    2/17/2021   EUR     65.480
Podkarpacki Bank Spold    5.790   10/24/2024   PLN     40.000
Federal Grid Co Unifie    5.600   10/30/2048   RUB     73.020
Hellas Telecommunicati    6.054    1/15/2015   USD      0.046
Lehman Brothers Treasu    7.375    9/20/2008   EUR      2.571
WPE International Coop   10.375    9/30/2020   USD      4.429
Lehman Brothers Treasu   11.000   12/20/2017   AUD      2.571
Espirito Santo Financi    5.050   11/15/2025   EUR      0.290
Kaupthing ehf             4.730   12/19/2008   SKK      0.250
Lehman Brothers Treasu   11.750     3/1/2010   EUR      2.571
AKB Peresvet ZAO         13.000    10/7/2017   RUB     18.625
Lehman Brothers Treasu    5.103    6/22/2046   EUR      2.571
Muehl Product & Servic    6.750    3/10/2005   DEM      0.010
Podkarpacki Bank Spold    5.790    3/31/2025   PLN     40.100
LBI ehf                   6.100    8/25/2011   USD      7.875
Lehman Brothers Treasu    4.100    6/10/2014   SGD      3.750
Kaupthing ehf             4.390   10/14/2008   CZK      0.250
Tonon Luxembourg SA       9.250    1/24/2020   USD      0.464
SAir Group                2.125    11/4/2004   CHF      9.875
Heta Asset Resolution     5.270   12/31/2023   EUR      2.000
Heta Asset Resolution     5.920   12/31/2023   EUR      2.000
Kaupthing ehf             7.625    2/28/2015   USD      0.250
Samaratransneft-Termin   10.000    3/30/2022   RUB     15.310
OOO SPV Structural Inv    0.010     9/1/2023   RUB     66.740
Raiffeisen Centrobank     6.850   12/27/2019   EUR     59.550
Raiffeisen Centrobank     5.665   12/27/2019   EUR     62.210
Raiffeisen Centrobank     7.468   12/27/2019   EUR     62.040
Landesbank Hessen-Thue    5.700   10/27/2022   EUR     59.440
Bayerische Landesbank     3.300   10/30/2020   EUR     62.760
EFG International Fina    8.000    1/29/2020   USD     41.790
Commerzbank AG            8.000    11/6/2020   USD      3.490
Bayerische Landesbank     3.250    10/2/2020   EUR     71.380
Societe Generale SA       8.600    7/29/2022   USD     37.410
Commerzbank AG            1.580    9/16/2024   USD      3.240
Landesbank Hessen-Thue    7.000   10/20/2022   EUR     72.870
Leonteq Securities AG/    6.400     6/4/2020   CHF     16.850
Bayerische Landesbank     2.400   12/20/2019   EUR     71.390
SG Issuer SA              5.000     4/2/2024   EUR     61.220
BNP Paribas Emissions-   11.000   12/30/2019   EUR     71.510
UBS AG/London            13.000    3/26/2020   EUR     69.100
SG Issuer SA              0.800   11/30/2020   SEK     18.180
Landesbank Hessen-Thue    5.650   10/28/2022   EUR     39.700
UBS AG/London             4.000    11/4/2019   CHF     72.050
Credit Suisse AG/Londo    9.000    1/13/2020   USD     69.157
Credit Suisse AG/Londo    9.000    1/23/2020   USD      8.120
Raiffeisen Schweiz Gen    7.000    9/14/2020   CHF     74.620
EFG International Fina   12.000   12/10/2019   CHF     61.850
Sistema PJSFC            10.900   10/31/2025   RUB     65.000
Derzhava-platforma OOO   10.000    5/18/2023   RUB     63.110
Deutsche Bank AG/Londo    2.000   10/25/2023   TRY     61.275
Otkritie Holding JSC     12.150    4/20/2028   RUB
Nutritek International    8.750   12/11/2008   USD      2.089
Bulgaria Steel Finance   12.000     5/4/2013   EUR      0.216
Petromena ASA            10.850   11/19/2018   USD      0.607
SG Issuer SA              3.300    9/26/2034   ZAR     44.903
SG Issuer SA              2.700   11/28/2034   ZAR     40.103
Petromena ASA             9.750    5/24/2016   NOK      0.607
WEB Windenergie AG        6.250                EUR     62.046
Lehman Brothers Treasu    1.280    11/6/2010   JPY      3.750
Lehman Brothers Treasu    4.150    8/25/2020   EUR      2.571
Kaupthing ehf             3.750     2/1/2045   USD      0.100
Lehman Brothers Treasu    4.870    10/8/2013   USD      2.571
Lehman Brothers Treasu   10.442   11/22/2008   CHF      2.571
Heta Asset Resolution     5.730   12/31/2023   EUR      2.000
Norske Skogindustrier     7.000   12/30/2026   EUR      0.140
Lehman Brothers Treasu    4.820   12/18/2036   EUR      2.571
Lehman Brothers Treasu    5.250     4/1/2023   EUR      2.571
CMA CGM SA                5.250    1/15/2025   EUR     65.533
Lehman Brothers Treasu    6.450    2/20/2010   AUD      2.571
Erste Group Bank AG       5.550    8/30/2022   EUR     71.250
UBS AG/London            10.750     6/8/2020   CHF     67.500
EFG International Fina    6.400    6/22/2020   CHF     58.400
Natixis SA                3.500    3/23/2020   USD     52.929
UBS AG/London             7.000    11/8/2019   EUR     71.300
Bank Julius Baer & Co    19.000    12/5/2019   CHF     41.950
Bayerische Landesbank     3.400    10/2/2020   EUR     71.130
EFG International Fina    8.200   12/13/2019   CHF     72.760
Raiffeisen Centrobank     7.200    6/19/2020   EUR     71.100
UBS AG/London            12.000   12/20/2019   USD     71.490
UBS AG/London            10.000     3/9/2020   CHF     55.950
Corner Banca SA           6.300    2/17/2020   EUR     69.850
Kardan NV                 6.775     2/2/2020   ILS     18.100
Leonteq Securities AG/    2.750    9/15/2022   CHF     41.250
Raiffeisen Centrobank    10.000    5/11/2020   EUR     57.000
Getin Noble Bank SA       6.790    1/31/2024   PLN     72.030
Credit Suisse AG          0.500   12/16/2025   BRL     64.830
Lehman Brothers Treasu    6.000    3/18/2015   USD      3.400
Rio Forte Investments     4.750   11/10/2015   EUR      5.250
Lehman Brothers Treasu   23.300    9/16/2008   USD      2.571
Windreich GmbH            6.750     3/1/2015   EUR      8.010
UBS AG/London             5.700    9/24/2020   EUR     73.040
BNP Paribas Emissions-   10.000    9/24/2020   EUR     73.570
UBS AG/London             6.600    6/25/2020   EUR     72.830
UBS AG/London             8.500    3/26/2020   EUR     71.740
UBS AG/London            22.700    3/26/2020   EUR     73.470
Landesbank Baden-Wuert    4.500    8/28/2020   EUR     74.670
Landesbank Baden-Wuert    6.750    8/28/2020   EUR     71.580
UBS AG/London            12.300    3/26/2020   EUR     68.190
UBS AG/London             8.600    6/25/2020   EUR     69.020
BNP Paribas Emissions-    9.500   12/30/2019   EUR     74.390
BNP Paribas Emissions-   19.000   12/30/2019   EUR     68.480
UBS AG/London            18.000    6/25/2020   EUR     74.370
UBS AG/London             6.800    6/25/2020   EUR     72.530
UBS AG/London             5.100    6/25/2020   EUR     73.970
Vontobel Financial Pro    9.000     1/3/2020   EUR     64.310
HSBC Trinkaus & Burkha   28.800    1/24/2020   EUR     56.620
HSBC Trinkaus & Burkha   29.100    1/24/2020   EUR     60.420
HSBC Trinkaus & Burkha   11.600   12/27/2019   EUR     44.710
HSBC Trinkaus & Burkha    7.300    3/27/2020   EUR     50.520
Commerzbank AG           16.250   11/22/2019   EUR     63.880
HSBC Trinkaus & Burkha    3.030    3/27/2020   EUR     74.990
Landesbank Hessen-Thue    5.550    3/16/2023   EUR     67.030
UBS AG/London             6.500    2/14/2020   USD     50.550
UBS AG/London             7.500    2/14/2020   EUR     69.150
Leonteq Securities AG/    3.750    2/20/2023   CHF     63.800
Leonteq Securities AG/   11.000     3/2/2020   CHF     47.800
Raiffeisen Schweiz Gen    5.250    8/26/2020   CHF     71.200
Landesbank Hessen-Thue    4.000    9/22/2020   EUR     65.900
UniCredit Bank AG         4.500    3/12/2022   EUR     62.520
DekaBank Deutsche Giro    7.000    9/14/2020   EUR     64.870
UniCredit Bank AG         5.600     1/3/2020   EUR     74.140
UniCredit Bank AG        14.200     1/3/2020   EUR     70.310
UniCredit Bank AG         9.100     1/3/2020   EUR     41.370
UniCredit Bank AG        11.400     1/3/2020   EUR     51.280
UniCredit Bank AG         7.000     1/3/2020   EUR     69.560
UniCredit Bank AG        10.500     1/3/2020   EUR     65.520
UniCredit Bank AG        11.300     1/3/2020   EUR     55.220
UniCredit Bank AG        11.000     1/3/2020   EUR     74.840
UniCredit Bank AG         5.500     1/3/2020   EUR     59.000
UniCredit Bank AG        14.800     1/3/2020   EUR     46.190
UniCredit Bank AG         7.500     1/3/2020   EUR     73.970
UniCredit Bank AG         6.300     1/3/2020   EUR     60.370
UniCredit Bank AG        14.600     1/3/2020   EUR     50.850
UniCredit Bank AG        14.300     1/3/2020   EUR     63.970
UniCredit Bank AG         9.800     1/3/2020   EUR     75.100
UniCredit Bank AG        12.500     1/3/2020   EUR     24.070
UniCredit Bank AG        11.000     1/3/2020   EUR     53.420
UniCredit Bank AG         5.100     1/3/2020   EUR     64.190
UBS AG/London             7.500    2/21/2020   EUR     46.250
UBS AG/London             8.500    8/21/2020   EUR     73.650
EFG International Fina    6.400     3/8/2021   EUR     61.430
Leonteq Securities AG     7.400     3/2/2020   CHF     23.040
Leonteq Securities AG     7.200     3/2/2020   CHF     72.340
Leonteq Securities AG    10.000     3/2/2020   EUR     63.080
Raiffeisen Schweiz Gen    5.750     9/2/2020   CHF     46.540
Raiffeisen Schweiz Gen    7.400     3/2/2020   EUR     68.150
Raiffeisen Schweiz Gen    7.000     3/2/2020   CHF     67.130
DekaBank Deutsche Giro    3.150     3/5/2021   EUR     65.190
DekaBank Deutsche Giro    2.850     3/6/2020   EUR     71.040
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     67.630
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     60.100
Landesbank Baden-Wuert    7.000    2/28/2020   EUR     54.300
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     73.380
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     67.020
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     73.310
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     66.970
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     58.340
Landesbank Baden-Wuert    2.500    2/28/2020   EUR     55.340
Landesbank Baden-Wuert    3.500    2/28/2020   EUR     51.630
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     50.160
Landesbank Baden-Wuert    5.500    2/28/2020   EUR     47.250
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     55.510
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     51.070
Landesbank Baden-Wuert    6.000    2/28/2020   EUR     47.440
Landesbank Baden-Wuert    2.500    2/28/2020   EUR     66.120
Landesbank Baden-Wuert    3.500    2/28/2020   EUR     63.190
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     59.190
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     72.550
Landesbank Baden-Wuert    5.500    2/28/2020   EUR     66.720
Landesbank Baden-Wuert    7.000    2/28/2020   EUR     61.860
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     70.380
Landesbank Baden-Wuert    6.000    2/28/2020   EUR     65.410
Landesbank Baden-Wuert    2.500    2/28/2020   EUR     64.470
Landesbank Baden-Wuert    3.500    2/28/2020   EUR     59.830
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     57.540
Landesbank Baden-Wuert    3.500    2/28/2020   EUR     72.340
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     65.810
Landesbank Baden-Wuert    2.500    2/28/2020   EUR     26.880
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     24.770
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     75.090
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     73.450
UniCredit Bank AG         4.000     3/2/2020   EUR     35.460
Goldman Sachs & Co Wer   14.000   12/27/2019   EUR     68.300
Goldman Sachs & Co Wer    6.000   12/27/2019   EUR     69.790
UBS AG/London            10.500    2/28/2020   CHF     45.750
UBS AG/London             9.500    2/28/2020   EUR     56.950
UBS AG/London            10.000    2/28/2020   EUR     50.650
UBS AG/London             7.500    2/28/2020   EUR     70.650
Commerzbank AG            5.350     3/2/2020   USD     45.190
Bayerische Landesbank     3.400    7/16/2021   EUR     57.660
Bayerische Landesbank     4.000     5/3/2020   EUR     74.790
Raiffeisen Schweiz Gen    5.750     9/9/2020   CHF     47.610
DekaBank Deutsche Giro    3.100    3/27/2020   EUR     68.670
Leonteq Securities AG/    8.200     3/2/2020   CHF     24.840
Leonteq Securities AG/    7.000     3/2/2020   CHF     68.710
Deutsche Bank AG          7.200   12/24/2019   EUR     75.300
Deutsche Bank AG          7.200   12/24/2019   EUR     73.500
Deutsche Bank AG          7.200   12/24/2019   EUR     70.900
Deutsche Bank AG          7.200   12/24/2019   EUR     73.560
Deutsche Bank AG          7.200   12/24/2019   EUR     71.230
Deutsche Bank AG          7.200   12/24/2019   EUR     67.990
Deutsche Bank AG          7.200   12/24/2019   EUR     65.030
Erste Group Bank AG       6.250    3/29/2023   EUR     62.950
UniCredit Bank AG         6.300    3/26/2021   EUR     61.190
HSBC Trinkaus & Burkha    8.100    1/24/2020   EUR     44.580
HSBC Trinkaus & Burkha    7.100    1/24/2020   EUR     74.400
DZ Bank AG Deutsche Ze    7.500   12/23/2019   EUR     73.800
DZ Bank AG Deutsche Ze    5.000   11/20/2019   EUR     56.500
DZ Bank AG Deutsche Ze    8.000   11/20/2019   EUR     45.360
DZ Bank AG Deutsche Ze    8.500   12/23/2019   EUR     68.760
Landesbank Baden-Wuert    5.000   10/23/2020   EUR     49.640
BNP Paribas Emissions-   13.000   12/30/2019   EUR     60.560
BNP Paribas Emissions-   18.000   12/30/2019   EUR     68.510
HSBC Trinkaus & Burkha    4.430   12/30/2019   EUR     69.220
UniCredit Bank AG        14.000   12/29/2020   EUR     34.420
UBS AG/London             9.000   10/19/2020   USD     58.300
HSBC Trinkaus & Burkha    6.000   12/30/2019   EUR     72.930
UBS AG/London            10.000    4/24/2020   USD     52.970
UBS AG/London             9.000    4/24/2020   EUR     59.150
UBS AG/London            10.000    4/17/2020   EUR     66.900
Vontobel Financial Pro   13.000     1/3/2020   EUR     71.650
Vontobel Financial Pro   12.000     1/3/2020   EUR     73.610
Landesbank Baden-Wuert    5.800   11/22/2019   EUR     35.420
Vontobel Financial Pro   12.500     1/3/2020   EUR     64.370
UniCredit Bank AG         4.350   10/26/2021   EUR     48.790
DekaBank Deutsche Giro    5.150    5/21/2021   EUR     63.600
Societe Generale Effek   10.171    6/19/2020   EUR     72.960
Societe Generale Effek   10.985    6/19/2020   EUR     72.400
Societe Generale Effek   11.392    6/19/2020   EUR     70.940
Societe Generale Effek   12.205    6/19/2020   EUR     70.470
Societe Generale Effek   13.019    6/19/2020   EUR     69.650
Societe Generale Effek   13.833    6/19/2020   EUR     68.860
Societe Generale Effek   14.647    6/19/2020   EUR     68.110
Vontobel Financial Pro    7.550   12/31/2019   EUR     58.250
UniCredit Bank AG         4.400   11/27/2019   EUR     54.620
Vontobel Financial Pro    6.000     1/3/2020   EUR     51.280
Vontobel Financial Pro   10.000     1/3/2020   EUR     44.100
Vontobel Financial Pro    9.500     1/3/2020   EUR     73.160
Vontobel Financial Pro   13.500     1/3/2020   EUR     65.980
Vontobel Financial Pro   10.500     1/3/2020   EUR     71.200
Vontobel Financial Pro   14.500     1/3/2020   EUR     64.440
Vontobel Financial Pro   10.000     1/3/2020   EUR     69.760
Vontobel Financial Pro   10.000     1/3/2020   EUR     66.730
Vontobel Financial Pro    6.500     1/3/2020   EUR     72.940
Vontobel Financial Pro    4.500     1/3/2020   EUR     69.230
Vontobel Financial Pro   11.000     1/3/2020   EUR     59.840
Vontobel Financial Pro   11.500     1/3/2020   EUR     70.590
Leonteq Securities AG/    5.000     5/5/2020   EUR     36.000
Vontobel Financial Pro    8.500   12/13/2019   EUR     70.820
Vontobel Financial Pro   11.000   12/13/2019   EUR     69.560
HSBC Trinkaus & Burkha    7.600    6/26/2020   EUR     64.290
HSBC Trinkaus & Burkha    5.700    6/26/2020   EUR     74.420
HSBC Trinkaus & Burkha    6.200    6/26/2020   EUR     70.800
Vontobel Financial Pro   11.000   12/13/2019   EUR     71.530
Vontobel Financial Pro    9.500   12/13/2019   EUR     73.690
Vontobel Financial Pro   14.500    3/13/2020   EUR     65.750
HSBC Trinkaus & Burkha    2.620   12/30/2019   EUR     64.560
Vontobel Financial Pro   16.000     1/3/2020   EUR     68.280
Vontobel Financial Pro    5.500     1/3/2020   EUR     70.680
Leonteq Securities AG/    7.000   10/29/2020   CHF     58.300
Bank Julius Baer & Co     4.200    11/6/2019   CHF     65.550
HSBC Trinkaus & Burkha   11.100   12/27/2019   EUR     73.510
HSBC Trinkaus & Burkha   11.800   12/27/2019   EUR     40.470
Vontobel Financial Pro   11.000   12/12/2019   EUR     69.870
HSBC Trinkaus & Burkha    6.100   12/27/2019   EUR     69.100
HSBC Trinkaus & Burkha    6.500    6/26/2020   EUR     69.630
HSBC Trinkaus & Burkha    8.200   12/27/2019   EUR     64.070
HSBC Trinkaus & Burkha    4.200   12/27/2019   EUR     63.430
HSBC Trinkaus & Burkha    5.200    6/26/2020   EUR     65.200
HSBC Trinkaus & Burkha    7.000    6/26/2020   EUR     75.280
Vontobel Financial Pro   15.000   12/31/2019   EUR     40.470
HSBC Trinkaus & Burkha    8.200    6/26/2020   EUR     67.590
Vontobel Financial Pro   11.500    3/13/2020   EUR     71.170
Vontobel Financial Pro   14.000   12/13/2019   EUR     65.750
Vontobel Financial Pro   10.500    3/13/2020   EUR     71.620
Vontobel Financial Pro   10.500   12/13/2019   EUR     75.130
Vontobel Financial Pro   13.000    3/13/2020   EUR     70.100
Vontobel Financial Pro   10.000   12/31/2019   EUR     37.180
Vontobel Financial Pro   12.000     1/3/2020   EUR     57.950
Raiffeisen Schweiz Gen    7.000    4/30/2020   EUR     70.110
DZ Bank AG Deutsche Ze    6.250   12/23/2019   EUR     70.270
Vontobel Financial Pro   11.550   12/31/2019   EUR     56.170
Leonteq Securities AG/    4.750    11/1/2021   CHF     46.010
HSBC Trinkaus & Burkha   11.400   12/27/2019   EUR     70.130
HSBC Trinkaus & Burkha   10.500   12/27/2019   EUR     71.720
HSBC Trinkaus & Burkha    4.300   12/27/2019   EUR     50.950
UBS AG/London            10.000    11/7/2019   CHF     41.650
Vontobel Financial Pro    9.000     1/3/2020   EUR     68.020
Vontobel Financial Pro   10.500     1/3/2020   EUR     65.290
Vontobel Financial Pro   12.000     1/3/2020   EUR     42.330
BNP Paribas Emissions-    9.000   12/24/2020   EUR     74.820
UBS AG/London            10.400    3/26/2020   EUR     69.900
Vontobel Financial Pro   13.000     1/3/2020   EUR     68.740
Vontobel Financial Pro    6.000     1/3/2020   EUR     69.500
HSBC Trinkaus & Burkha   29.800    1/24/2020   EUR     71.420
HSBC Trinkaus & Burkha   29.000    1/24/2020   EUR     66.530
HSBC Trinkaus & Burkha    7.600   12/27/2019   EUR     49.400
HSBC Trinkaus & Burkha   10.600    3/27/2020   EUR     46.670
HSBC Trinkaus & Burkha   30.000    1/24/2020   EUR     60.200
Commerzbank AG           14.250   11/22/2019   EUR     70.510
Commerzbank AG           18.250   11/22/2019   EUR     63.920
UniCredit Bank AG         5.050    1/11/2022   EUR     52.800
HSBC Trinkaus & Burkha    3.750   12/30/2019   EUR     72.990
HSBC Trinkaus & Burkha    1.550   12/30/2019   EUR     69.760
HSBC Trinkaus & Burkha    1.620    3/27/2020   EUR     71.500
Societe Generale Effek   29.411   12/20/2019   EUR     63.570
Vontobel Financial Pro    6.950   12/13/2019   EUR     67.020
Vontobel Financial Pro   17.650    1/22/2020   EUR     35.030
Landesbank Baden-Wuert    2.000    7/24/2020   EUR     69.000
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     63.140
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     59.260
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     72.190
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     67.840
Landesbank Baden-Wuert    5.500    7/24/2020   EUR     76.300
Landesbank Baden-Wuert    2.500    7/24/2020   EUR     62.040
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     54.630
Landesbank Baden-Wuert    7.000    7/24/2020   EUR     52.010
UBS AG/London            20.700     1/2/2020   EUR     61.440
Vontobel Financial Pro   14.000   12/31/2019   EUR     70.187
Vontobel Financial Pro    4.000   12/20/2019   EUR     36.502
Commerzbank AG            5.500   11/22/2019   EUR     57.840
Bank Julius Baer & Co    10.740   12/10/2019   USD     67.800
DZ Bank AG Deutsche Ze    6.500   12/27/2019   EUR     75.960
Vontobel Financial Pro   11.500     1/3/2020   EUR     71.750
Vontobel Financial Pro    9.500     1/3/2020   EUR     74.980
Vontobel Financial Pro   14.950    12/6/2019   EUR     61.003
UBS AG/London             7.100    9/24/2020   EUR     69.680
UBS AG/London            21.700     1/2/2020   EUR     70.960
UBS AG/London             8.200     1/2/2020   EUR     75.090
UBS AG/London             8.500     1/2/2020   EUR     58.080
UBS AG/London             4.400     1/2/2020   EUR     73.340
UBS AG/London            19.800     1/2/2020   EUR     61.440
UBS AG/London            21.400     1/2/2020   EUR     69.170
UBS AG/London            19.000     1/2/2020   EUR     73.860
UBS AG/London             4.500     1/2/2020   EUR     66.330
UBS AG/London             7.200     1/2/2020   EUR     68.710
UBS AG/London             3.500     1/2/2020   EUR     68.860
HSBC Trinkaus & Burkha   13.900   12/27/2019   EUR     43.560
HSBC Trinkaus & Burkha    4.800   12/27/2019   EUR     55.790
HSBC Trinkaus & Burkha   12.500    3/27/2020   EUR     45.940
HSBC Trinkaus & Burkha    5.000    3/27/2020   EUR     56.160
HSBC Trinkaus & Burkha   10.000   11/22/2019   EUR     47.470
HSBC Trinkaus & Burkha    9.200    2/28/2020   EUR     48.870
Commerzbank AG           13.750   11/22/2019   EUR     69.380
Vontobel Financial Pro   14.500    3/13/2020   EUR     75.140
Vontobel Financial Pro   10.500   12/13/2019   EUR     73.820
Vontobel Financial Pro   18.500   12/13/2019   EUR     62.750
Vontobel Financial Pro   16.000    3/13/2020   EUR     66.310
Commerzbank AG            5.250   11/22/2019   EUR     73.310
Zurcher Kantonalbank F   10.000   12/13/2019   EUR     67.800
Commerzbank AG            7.250   11/22/2019   EUR     67.300
Commerzbank AG           13.250   11/22/2019   EUR     56.970
Commerzbank AG           11.750   11/22/2019   EUR     72.820
Zurcher Kantonalbank F    7.500    3/13/2020   EUR     63.420
Societe Generale Effek   16.052    3/20/2020   EUR     69.340
Societe Generale Effek    7.249    3/20/2020   EUR     68.310
Societe Generale Effek   10.097    3/20/2020   EUR     63.190
Societe Generale Effek   13.204    3/20/2020   EUR     59.120
Societe Generale Effek    9.637    6/19/2020   EUR     69.590
Societe Generale Effek   12.849    6/19/2020   EUR     65.270
Societe Generale Effek   10.740    9/18/2020   EUR     70.210
Societe Generale Effek   20.195    3/20/2020   EUR     72.430
Societe Generale Effek   22.486    6/19/2020   EUR     74.570
Vontobel Financial Pro   11.000    3/27/2020   EUR     63.530
Deutsche Bank AG          8.200   12/24/2019   EUR     66.400
Deutsche Bank AG          8.200   12/24/2019   EUR     60.000
Deutsche Bank AG          8.200   12/24/2019   EUR     54.700
Deutsche Bank AG          8.200    3/24/2020   EUR     67.700
Deutsche Bank AG          8.200    3/24/2020   EUR     61.700
Deutsche Bank AG          8.200    3/24/2020   EUR     56.600
Deutsche Bank AG          8.200    6/23/2020   EUR     68.600
Deutsche Bank AG          8.200    6/23/2020   EUR     63.100
Deutsche Bank AG          8.200    6/23/2020   EUR     58.200
Deutsche Bank AG          8.200    9/22/2020   EUR     69.900
Deutsche Bank AG          8.200    9/22/2020   EUR     64.600
Deutsche Bank AG          8.200    9/22/2020   EUR     59.900
Deutsche Bank AG          8.200   12/22/2020   EUR     71.200
Deutsche Bank AG          8.200   12/22/2020   EUR     66.100
Deutsche Bank AG          8.200   12/22/2020   EUR     61.600
Deutsche Bank AG          8.200   12/24/2019   EUR     75.800
Commerzbank AG           10.750   12/31/2019   EUR     69.860
Commerzbank AG            6.000   12/31/2019   EUR     72.310
HSBC Trinkaus & Burkha    1.250    4/22/2020   EUR     67.290
Vontobel Financial Pro   14.000     1/3/2020   EUR     73.720
Vontobel Financial Pro    5.500    3/27/2020   EUR     73.260
Vontobel Financial Pro   11.000    3/27/2020   EUR     67.980
Vontobel Financial Pro    9.000    3/27/2020   EUR     56.200
Vontobel Financial Pro   11.500    3/27/2020   EUR     57.230
Vontobel Financial Pro    8.500     1/3/2020   EUR     54.060
Vontobel Financial Pro   11.500     1/3/2020   EUR     54.600
DZ Bank AG Deutsche Ze   10.000    3/25/2020   EUR     67.190
DZ Bank AG Deutsche Ze    7.000   12/27/2019   EUR     70.660
Commerzbank AG            7.750   12/31/2019   EUR     66.600
Commerzbank AG            9.750   12/31/2019   EUR     63.600
Landesbank Baden-Wuert    5.500    3/26/2021   EUR     59.980
Landesbank Baden-Wuert    3.000    3/26/2021   EUR     74.250
UBS AG/London            11.000     9/7/2020   EUR     63.150
UBS AG/London             9.000     9/7/2020   EUR     70.400
UBS AG/London             5.400   12/28/2020   EUR     69.310
UBS AG/London            14.000    3/26/2020   EUR     68.320
UBS AG/London             9.000    3/26/2020   EUR     74.370
UBS AG/London             9.200    3/26/2020   EUR     69.280
UBS AG/London            19.000     1/2/2020   EUR     71.000
UBS AG/London             9.400    3/26/2020   EUR     66.880
UBS AG/London             6.000    6/25/2020   EUR     72.350
UBS AG/London             8.200    6/25/2020   EUR     74.500
UBS AG/London            15.600    3/26/2020   EUR     63.070
UBS AG/London             7.700    3/26/2020   EUR     64.050
UBS AG/London             7.400    3/26/2020   EUR     71.160
UBS AG/London            22.400     1/2/2020   EUR     68.290
UBS AG/London             5.300   12/28/2020   EUR     71.380
UBS AG/London             5.900    3/26/2020   EUR     67.440
UBS AG/London            12.900    6/25/2020   EUR     68.500
UBS AG/London             6.000    3/26/2020   EUR     73.390
UBS AG/London             3.800    6/25/2020   EUR     68.050
Bank Julius Baer & Co     7.000     3/6/2020   EUR     72.850
Commerzbank AG           15.750   12/31/2019   EUR     74.440
Societe Generale Effek   12.528    6/19/2020   EUR     74.900
Societe Generale Effek   18.632    6/19/2020   EUR     70.150
Societe Generale Effek   17.753   12/20/2019   EUR     73.100
Societe Generale Effek    4.142   12/20/2019   EUR     74.880
Societe Generale Effek    6.312   12/20/2019   EUR     67.300
Societe Generale Effek    9.074   12/20/2019   EUR     61.300
Societe Generale Effek   12.230   12/20/2019   EUR     56.550
Societe Generale Effek    4.660    3/20/2020   EUR     74.580
Societe Generale Effek   14.192    9/18/2020   EUR     66.640
Societe Generale Effek   19.134   12/20/2019   EUR     68.490
Societe Generale Effek   25.249   12/20/2019   EUR     63.780
Societe Generale Effek   25.890    3/20/2020   EUR     68.790
Societe Generale Effek    7.767    3/20/2020   EUR     72.200
Societe Generale Effek    9.321    3/20/2020   EUR     70.090
Societe Generale Effek   10.874    3/20/2020   EUR     68.170
Societe Generale Effek   15.793    3/20/2020   EUR     63.610
Societe Generale Effek    9.589    9/18/2020   EUR     75.560
Landesbank Hessen-Thue    7.600     3/9/2023   EUR     67.970
HSBC Trinkaus & Burkha    7.600   12/27/2019   EUR     73.150
DZ Bank AG Deutsche Ze   10.500   12/27/2019   EUR     71.480
DZ Bank AG Deutsche Ze    6.000   12/27/2019   EUR     74.620
DZ Bank AG Deutsche Ze    6.250   12/27/2019   EUR     74.330
DZ Bank AG Deutsche Ze    5.000   11/20/2019   EUR     70.330
DZ Bank AG Deutsche Ze    5.250   11/20/2019   EUR     72.810
DZ Bank AG Deutsche Ze   10.250   11/20/2019   EUR     60.920
Raiffeisen Schweiz Gen    9.500    4/22/2020   CHF     73.030
DZ Bank AG Deutsche Ze    6.250   12/27/2019   EUR     46.350
DZ Bank AG Deutsche Ze   10.500   12/27/2019   EUR     75.900
DZ Bank AG Deutsche Ze    6.250   12/23/2019   EUR     64.600
Landesbank Baden-Wuert    6.000   10/23/2020   EUR     74.300
Landesbank Baden-Wuert    5.000   10/23/2020   EUR     73.140
Landesbank Baden-Wuert    2.500   10/23/2020   EUR     56.140
Landesbank Baden-Wuert    5.500    8/28/2020   EUR     76.380
UniCredit Bank AG        12.800   12/29/2020   EUR     34.360
UniCredit Bank AG         8.600     1/3/2020   EUR     29.540
UniCredit Bank AG         7.800   12/29/2020   EUR     36.870
UniCredit Bank AG         9.200   12/29/2020   EUR     35.810
Raiffeisen Centrobank     3.921    3/24/2020   EUR     75.000
UBS AG/London             7.000   10/26/2020   CHF     72.850
UBS AG/London             8.500   10/26/2020   EUR     72.000
Vontobel Financial Pro   15.500     1/3/2020   EUR     74.360
Vontobel Financial Pro   12.000     1/3/2020   EUR     72.110
Vontobel Financial Pro   11.000     1/3/2020   EUR     73.740
Vontobel Financial Pro   15.500     1/3/2020   EUR     63.210
Landesbank Baden-Wuert    5.850   11/22/2019   EUR     64.910
Landesbank Baden-Wuert    2.700   10/23/2020   EUR     74.980
Vontobel Financial Pro   11.000     1/3/2020   EUR     72.130
BNP Paribas Emissions-    8.000   12/30/2019   EUR     65.650
UBS AG/London            12.000   10/26/2020   CHF     70.250
Societe Generale Effek    8.951    6/19/2020   EUR     75.150
Societe Generale Effek    9.358    6/19/2020   EUR     74.350
Societe Generale Effek   15.867    6/19/2020   EUR     66.560
Societe Generale Effek   16.690   12/20/2019   EUR     71.940
Vontobel Financial Pro    9.500   12/31/2019   EUR     58.580
Vontobel Financial Pro   14.500     1/3/2020   EUR     69.890
Vontobel Financial Pro    8.500     1/3/2020   EUR     73.300
Vontobel Financial Pro    7.500     1/3/2020   EUR     48.610
Vontobel Financial Pro    8.500     1/3/2020   EUR     46.180
Vontobel Financial Pro   10.500     1/3/2020   EUR     70.070
Vontobel Financial Pro    7.000   12/31/2019   EUR     68.060
Vontobel Financial Pro   14.000     1/3/2020   EUR     73.500
Vontobel Financial Pro   11.500     1/3/2020   EUR     69.350
Vontobel Financial Pro   12.500     1/3/2020   EUR     67.610
Vontobel Financial Pro   14.000     1/3/2020   EUR     69.890
Vontobel Financial Pro   13.500     1/3/2020   EUR     37.350
Vontobel Financial Pro   10.500     1/3/2020   EUR     40.150
Vontobel Financial Pro    7.500     1/3/2020   EUR     73.840
Vontobel Financial Pro   12.500     1/3/2020   EUR     66.200
Vontobel Financial Pro    8.500     1/3/2020   EUR     69.710
Vontobel Financial Pro    7.500     1/3/2020   EUR     64.040
Raiffeisen Switzerland    5.600    11/2/2020   CHF     71.630
UBS AG/London            11.000    12/2/2019   CHF     53.650
UBS AG/London             7.250    12/2/2019   CHF     65.150
EFG International Fina    7.000    6/15/2020   CHF     74.790
UniCredit Bank AG         3.800    6/28/2022   EUR     66.430
Raiffeisen Schweiz Gen    4.800    12/8/2020   CHF     54.290
BNP Paribas Issuance B    6.600     6/1/2020   EUR     74.250
DekaBank Deutsche Giro    3.000    6/26/2020   EUR     73.700
DekaBank Deutsche Giro    2.000    6/25/2021   EUR     51.530
UniCredit Bank AG         4.300   10/18/2021   EUR     74.830
Goldman Sachs & Co Wer   25.000   12/27/2019   EUR     74.640
Goldman Sachs & Co Wer   24.000    2/26/2020   EUR     75.540
Vontobel Financial Pro    7.000    6/19/2020   USD     64.576
Landesbank Baden-Wuert    5.500    9/25/2020   EUR     75.900
Landesbank Baden-Wuert    5.000    9/25/2020   EUR     72.740
Landesbank Baden-Wuert    7.000    9/25/2020   EUR     69.910
Landesbank Baden-Wuert    5.000    9/25/2020   EUR     75.250
Landesbank Baden-Wuert    7.000    9/25/2020   EUR     72.530
Commerzbank AG           14.250   12/31/2019   EUR     64.230
Vontobel Financial Pro    3.500    3/13/2020   EUR     50.750
HSBC Trinkaus & Burkha    3.700   12/27/2019   EUR     73.350
HSBC Trinkaus & Burkha    5.400   12/27/2019   EUR     66.520
HSBC Trinkaus & Burkha    3.200   12/27/2019   EUR     73.630
HSBC Trinkaus & Burkha    5.200   12/27/2019   EUR     67.550
HSBC Trinkaus & Burkha    3.500   12/27/2019   EUR     66.080
Landesbank Hessen-Thue    3.500     8/3/2022   EUR     64.910
Leonteq Securities AG/   10.000     1/9/2020   CHF     66.550
Raiffeisen Schweiz Gen    6.200     1/6/2020   CHF     65.210
Raiffeisen Schweiz Gen    5.200     1/6/2021   CHF     62.060
Raiffeisen Schweiz Gen    5.000     7/6/2020   CHF     71.550
Landesbank Hessen-Thue    5.750     8/3/2023   EUR     59.870
Leonteq Securities AG/   10.000    1/13/2020   CHF     66.600
Vontobel Financial Pro    5.250    2/21/2020   EUR     59.200
Vontobel Financial Pro   27.500    8/12/2020   USD     67.140
DekaBank Deutsche Giro    4.050     7/3/2020   EUR     66.220
UBS AG/London             5.700     1/2/2020   EUR     67.870
UBS AG/London             4.000     1/2/2020   EUR     70.960
UBS AG/London             8.500    12/6/2019   CHF     55.500
UBS AG/London             7.000    12/6/2019   CHF     74.550
Leonteq Securities AG/    7.000   12/15/2020   CHF     70.350
Societe Generale SA      13.200   12/11/2020   USD     38.000
Raiffeisen Schweiz Gen    9.400   12/27/2019   CHF     55.040
Vontobel Financial Pro    8.300   12/18/2019   EUR     61.950
DekaBank Deutsche Giro    5.700    7/31/2020   EUR     75.720
UniCredit Bank AG         6.000    1/18/2021   EUR     63.720
UniCredit Bank AG         4.500    1/18/2022   EUR     59.160
DekaBank Deutsche Giro    5.000    7/31/2020   EUR     47.110
UniCredit Bank AG         4.100    2/13/2023   EUR     73.910
UniCredit Bank AG         3.500    2/13/2023   EUR     72.570
Landesbank Baden-Wuert    3.000    2/26/2021   EUR     69.140
Landesbank Baden-Wuert    3.800    2/26/2021   EUR     48.460
UBS AG/London             8.500    6/22/2020   EUR     71.850
UBS AG/London            11.250   12/20/2019   EUR     54.150
Leonteq Securities AG/   10.000     1/3/2020   USD     51.330
Raiffeisen Schweiz Gen    7.000   12/30/2019   CHF     73.930
DekaBank Deutsche Giro    2.100     1/5/2021   EUR     64.740
Landesbank Hessen-Thue    3.000    7/29/2020   EUR     75.600
UniCredit Bank AG         3.500     1/5/2021   EUR     51.120
UniCredit Bank AG         3.500     1/5/2021   EUR     38.630
UniCredit Bank AG         3.500     1/5/2021   EUR     64.600
UniCredit Bank AG         3.500     1/5/2021   EUR     59.270
UniCredit Bank AG         4.000     1/5/2021   EUR     63.580
DekaBank Deutsche Giro    4.550    7/31/2020   EUR     72.210
DekaBank Deutsche Giro    6.050    7/31/2020   EUR     57.530
Landesbank Baden-Wuert    3.000    2/25/2022   EUR     62.740
Raiffeisen Centrobank     5.200     2/3/2020   EUR     43.000
UBS AG/London             6.000   12/30/2019   CHF     68.600
UBS AG/London             5.250   12/30/2019   CHF     70.600
UniCredit Bank AG         4.350   11/21/2021   EUR     62.820
DekaBank Deutsche Giro    1.400   11/15/2019   EUR     72.440
Deutsche Bank AG          6.200   12/24/2019   EUR     73.320
Deutsche Bank AG          6.200   12/24/2019   EUR     71.030
Deutsche Bank AG          6.200   12/24/2019   EUR     68.880
Deutsche Bank AG          6.200   12/24/2019   EUR     69.200
Deutsche Bank AG          6.200   12/24/2019   EUR     76.250
Deutsche Bank AG          6.200   12/24/2019   EUR     72.700
Deutsche Bank AG          6.200   12/24/2019   EUR     69.600
Deutsche Bank AG          6.200   12/24/2019   EUR     67.600
Deutsche Bank AG          6.200   12/24/2019   EUR     65.800
Deutsche Bank AG          6.200   12/24/2019   EUR     75.100
Deutsche Bank AG          6.200   12/24/2019   EUR     73.390
Deutsche Bank AG          6.200   12/24/2019   EUR     65.800
Deutsche Bank AG          6.200   12/24/2019   EUR     74.770
Deutsche Bank AG          6.200   12/24/2019   EUR     71.040
Deutsche Bank AG          6.200   12/24/2019   EUR     67.610
Deutsche Bank AG          6.200   12/24/2019   EUR     61.610
Vontobel Financial Pro    5.750   11/27/2020   EUR     70.610
Deutsche Bank AG          6.200   12/24/2019   EUR     70.000
Deutsche Bank AG          6.200   12/24/2019   EUR     69.300
Deutsche Bank AG          6.200   12/24/2019   EUR     66.210
Deutsche Bank AG          6.200   12/24/2019   EUR     58.900
Deutsche Bank AG          6.200   12/24/2019   EUR     51.200
Deutsche Bank AG          6.200   12/24/2019   EUR     62.600
Deutsche Bank AG          6.200   12/24/2019   EUR     56.200
Deutsche Bank AG          6.200   12/24/2019   EUR     52.600
Deutsche Bank AG          6.200   12/24/2019   EUR     72.100
Deutsche Bank AG          6.200   12/24/2019   EUR     29.000
Deutsche Bank AG          6.200   12/24/2019   EUR     52.200
Zurcher Kantonalbank F    5.750    1/16/2020   EUR     72.530
Landesbank Hessen-Thue    3.500    8/17/2022   EUR     74.270
Commerzbank AG           11.250   11/22/2019   EUR     59.890
Commerzbank AG            5.250   11/22/2019   EUR     74.730
Commerzbank AG            7.250   11/22/2019   EUR     68.310
Leonteq Securities AG/   10.200     6/3/2020   USD     61.900
Citigroup Global Marke   13.200   12/18/2023   SEK     74.910
HSBC Trinkaus & Burkha   11.530   11/28/2019   EUR     70.520
Vontobel Financial Pro   10.500     1/3/2020   EUR     74.320
Vontobel Financial Pro   15.500     1/3/2020   EUR     66.760
DZ Bank AG Deutsche Ze   11.000   12/27/2019   EUR     72.930
Bank Julius Baer & Co    13.150    12/4/2019   CHF     61.350
Leonteq Securities AG/    7.600    10/6/2020   CHF     71.900
UniCredit Bank AG         4.500   11/12/2022   EUR     67.740
Landesbank Baden-Wuert    3.000   10/23/2020   EUR     61.380
DekaBank Deutsche Giro    4.150    4/30/2020   EUR     74.440
UniCredit Bank AG         3.120    9/25/2020   EUR     50.330
UniCredit Bank AG         4.920    9/25/2020   EUR     64.850
UniCredit Bank AG         3.800   10/24/2021   EUR     67.860
UBS AG/London             7.000    3/27/2020   CHF     54.450
EFG International Fina    7.000   10/12/2020   EUR     60.810
UniCredit Bank AG         4.750   10/24/2021   EUR      6.760
UniCredit Bank AG         3.900   10/24/2021   EUR     55.740
UniCredit Bank AG         4.050   10/24/2021   EUR     64.070
Leonteq Securities AG/    8.100     4/6/2020   CHF     68.320
Landesbank Hessen-Thue    3.350     8/6/2021   EUR     76.800
Landesbank Hessen-Thue    3.000     8/6/2021   EUR     59.800
Leonteq Securities AG/    7.000    4/16/2020   CHF     42.650
Landesbank Baden-Wuert    2.500    7/24/2020   EUR     70.420
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     70.590
Bayerische Landesbank     3.100    10/9/2020   EUR     62.820
Vontobel Financial Pro    4.300   11/11/2019   EUR     60.520
Raiffeisen Centrobank     5.200   12/30/2019   EUR     49.170
Leonteq Securities AG/    9.800    6/12/2020   CHF     50.570
EFG International Fina    7.400   12/21/2020   USD     62.220
UBS AG/London             7.250    12/6/2019   CHF     75.650
UBS AG/London             9.500    12/6/2019   EUR     51.500
DekaBank Deutsche Giro    2.100     1/4/2021   EUR     64.740
Raiffeisen Schweiz Gen    9.000   12/18/2019   CHF     51.210
Raiffeisen Schweiz Gen    6.250   12/18/2019   CHF     23.840
Raiffeisen Schweiz Gen    8.000   12/18/2019   CHF     74.120
Vontobel Financial Pro    5.400     1/6/2020   EUR     45.460
Leonteq Securities AG/    7.000   12/15/2020   EUR     69.260
Leonteq Securities AG/    8.400   12/18/2019   CHF     24.320
Commerzbank AG            3.250   12/10/2019   USD     58.700
Natixis SA                3.000   12/11/2019   USD     46.333
DekaBank Deutsche Giro    2.300     1/8/2021   EUR     65.830
DekaBank Deutsche Giro    3.200   12/13/2019   EUR     43.340
DekaBank Deutsche Giro    3.000   12/13/2019   EUR     51.200
UniCredit Bank AG         4.200     1/4/2021   EUR     51.920
Leonteq Securities AG/    7.400   12/22/2020   CHF     60.800
Leonteq Securities AG/    8.000   12/27/2019   CHF     66.380
Leonteq Securities AG/    4.000   12/29/2020   CHF     43.090
UBS AG/London             8.000    6/15/2020   EUR     55.600
UBS AG/London             6.750   12/13/2019   USD     34.800
UBS AG/London             8.500    6/15/2020   CHF     62.550
UBS AG/London             6.250   12/13/2019   USD     34.850
UBS AG/London             8.250   12/13/2019   USD     45.250
Leonteq Securities AG/    7.000   12/27/2019   CHF     65.060
Leonteq Securities AG/    8.000   12/27/2019   EUR     43.810
EFG International Fina    7.200   12/29/2020   EUR     63.500
Leonteq Securities AG/    7.600    7/13/2020   CHF     71.410
BNP Paribas Emissions-    8.500   12/30/2019   EUR     62.040
BNP Paribas Emissions-   11.000   12/30/2019   EUR     61.840
BNP Paribas Emissions-    6.500   12/30/2019   EUR     32.200
BNP Paribas Emissions-   10.000   12/30/2019   EUR     59.990
BNP Paribas Emissions-   10.000   12/30/2019   EUR     59.870
BNP Paribas Emissions-   12.000   12/30/2019   EUR     62.410
BNP Paribas Emissions-    7.000   12/30/2019   EUR     74.230
BNP Paribas Emissions-   10.000   12/30/2019   EUR     68.690
Bank Julius Baer & Co     9.900   11/22/2019   USD     68.050
BNP Paribas Emissions-   10.000   12/30/2019   EUR     57.730
Vontobel Financial Pro    9.500     1/3/2020   EUR     70.230
Commerzbank AG           15.000   11/22/2019   EUR     71.790
Commerzbank AG           11.250   11/22/2019   EUR     73.370
Commerzbank AG           14.000   11/22/2019   EUR     69.560
Commerzbank AG           13.500   11/22/2019   EUR     68.700
Commerzbank AG            5.500   11/22/2019   EUR     69.620
Commerzbank AG            9.500   11/22/2019   EUR     59.520
Commerzbank AG            3.250   11/22/2019   EUR     69.710
Commerzbank AG           11.250   11/22/2019   EUR     54.240
Commerzbank AG            8.500   11/22/2019   EUR     56.750
Commerzbank AG           12.500   11/22/2019   EUR     51.060
Commerzbank AG            5.750   11/22/2019   EUR     64.450
Commerzbank AG            9.750   11/22/2019   EUR     53.750
Commerzbank AG           13.750   11/22/2019   EUR     47.620
Commerzbank AG           13.250   11/22/2019   EUR     69.980
Commerzbank AG           12.000   11/22/2019   EUR     62.020
Commerzbank AG           13.500   11/22/2019   EUR     53.660
Commerzbank AG            9.250   11/22/2019   EUR     69.930
Commerzbank AG           12.000   11/22/2019   EUR     73.170
Commerzbank AG            4.500   11/22/2019   EUR     66.370
Commerzbank AG            6.000   11/22/2019   EUR     73.280
Commerzbank AG           12.000   11/22/2019   EUR     68.130
Commerzbank AG            7.750   11/22/2019   EUR     67.110
Commerzbank AG           11.750   11/22/2019   EUR     60.320
Vontobel Financial Pro   10.000     1/3/2020   EUR     59.660
Landesbank Baden-Wuert    4.850    2/28/2020   EUR     73.560
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     59.920
Vontobel Financial Pro    3.850    1/27/2020   EUR     62.820
Leonteq Securities AG/    6.000    1/20/2021   CHF     65.370
Credit Suisse AG/Londo    6.750    1/23/2020   EUR     65.730
UBS AG/London             5.500    1/13/2020   CHF     64.100
UBS AG/London             6.250    7/13/2020   CHF     30.500
UBS AG/London             6.000    1/13/2020   CHF     64.800
UBS AG/London             5.250    7/13/2020   CHF     62.600
Landesbank Baden-Wuert    4.820   11/22/2019   EUR     64.360
Landesbank Hessen-Thue    2.750    5/20/2021   EUR     67.000
Leonteq Securities AG/   10.000    1/23/2020   CHF     71.410
HSBC Trinkaus & Burkha    7.300   12/27/2019   EUR     72.840
HSBC Trinkaus & Burkha   11.400   12/27/2019   EUR     48.090
HSBC Trinkaus & Burkha    7.300   12/27/2019   EUR     53.710
HSBC Trinkaus & Burkha    5.000   12/27/2019   EUR     58.530
HSBC Trinkaus & Burkha   11.500    3/27/2020   EUR     48.640
HSBC Trinkaus & Burkha   10.300    3/27/2020   EUR     49.880
HSBC Trinkaus & Burkha    6.900    3/27/2020   EUR     54.570
HSBC Trinkaus & Burkha    5.000    3/27/2020   EUR     58.730
HSBC Trinkaus & Burkha   10.400   11/22/2019   EUR     49.450
HSBC Trinkaus & Burkha    9.400    2/28/2020   EUR     50.830
HSBC Trinkaus & Burkha    6.600   12/27/2019   EUR     57.500
HSBC Trinkaus & Burkha    3.900   12/27/2019   EUR     63.570
HSBC Trinkaus & Burkha    9.500    3/27/2020   EUR     71.880
HSBC Trinkaus & Burkha    7.300   12/27/2019   EUR     55.740
HSBC Trinkaus & Burkha    4.100   12/27/2019   EUR     63.000
DZ Bank AG Deutsche Ze    5.000   12/27/2019   EUR     61.360
DZ Bank AG Deutsche Ze    5.500   12/27/2019   EUR     70.610
DZ Bank AG Deutsche Ze   11.250   12/27/2019   EUR     64.400
DZ Bank AG Deutsche Ze    5.250   12/27/2019   EUR     59.500
Deutsche Bank AG          6.200   12/24/2019   EUR     73.700
Deutsche Bank AG          6.200   12/24/2019   EUR     65.200
Deutsche Bank AG          6.200   12/24/2019   EUR     74.040
Deutsche Bank AG          6.200   12/24/2019   EUR     71.960
Deutsche Bank AG          6.200   12/24/2019   EUR     69.980
Deutsche Bank AG          6.200   12/24/2019   EUR     68.120
Deutsche Bank AG          6.200   12/24/2019   EUR     66.350
Deutsche Bank AG          6.200   12/24/2019   EUR     64.670
Deutsche Bank AG          6.200   12/24/2019   EUR     73.300
Deutsche Bank AG          6.200   12/24/2019   EUR     72.600
Deutsche Bank AG          6.200   12/24/2019   EUR     69.000
Deutsche Bank AG          6.200   12/24/2019   EUR     62.800
Deutsche Bank AG          6.200   12/24/2019   EUR     72.700
Deutsche Bank AG          6.200   12/24/2019   EUR     64.800
Deutsche Bank AG          6.200   12/24/2019   EUR     71.170
Deutsche Bank AG          6.200   12/24/2019   EUR     61.870
Deutsche Bank AG          6.200   12/24/2019   EUR     73.800
Deutsche Bank AG          6.200   12/24/2019   EUR     54.700
Deutsche Bank AG          6.200   12/24/2019   EUR     66.400
Deutsche Bank AG          6.200   12/24/2019   EUR     59.200
Deutsche Bank AG          6.200   12/24/2019   EUR     57.800
Deutsche Bank AG          6.200   12/24/2019   EUR     65.000
Deutsche Bank AG          6.200   12/24/2019   EUR     31.900
Deutsche Bank AG          6.200   12/24/2019   EUR     30.400
Landesbank Hessen-Thue    3.600   11/20/2019   EUR     66.800
Raiffeisen Schweiz Gen    6.800    7/20/2020   CHF     61.700
Bayerische Landesbank     3.550    8/21/2020   EUR     68.260
Deutsche Bank AG          6.200   12/24/2019   EUR     47.800
Deutsche Bank AG          6.200   12/24/2019   EUR     44.100
Deutsche Bank AG          6.200   12/24/2019   EUR     65.800
Bank Julius Baer & Co     9.300   11/28/2019   EUR     67.100
UBS AG/London             9.000   11/28/2019   CHF     68.550
Leonteq Securities AG     5.400    7/25/2022   CHF     73.080
Commerzbank AG            9.250   11/22/2019   EUR     63.630
Commerzbank AG           13.250   11/22/2019   EUR     56.810
Leonteq Securities AG/    8.000    1/12/2021   EUR     69.300
Leonteq Securities AG/    9.000    1/12/2021   USD     43.320
UBS AG/London             6.250     1/6/2020   CHF     44.400
Landesbank Baden-Wuert    2.000    2/28/2020   EUR     72.900
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     52.230
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     49.070
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     69.580
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     74.040
Landesbank Baden-Wuert    2.000    1/24/2020   EUR     68.790
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     59.650
Landesbank Baden-Wuert    2.000    1/24/2020   EUR     62.410
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     57.480
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     51.640
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     54.790
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     42.790
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     55.260
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     52.900
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     70.750
UBS AG/London             7.750     1/6/2020   EUR     61.850
Vontobel Financial Pro   20.000    9/25/2020   EUR     66.440
Vontobel Financial Pro   16.000    6/25/2020   EUR     72.270
DekaBank Deutsche Giro    2.000    1/22/2021   EUR     65.900
EFG International Fina    7.400    1/11/2021   USD     60.800
UBS AG/London             5.400     1/2/2020   EUR     61.810
EFG International Fina    7.400    1/25/2021   CHF     66.140
EFG International Fina    7.200    1/25/2021   EUR     59.110
Corner Banca SA           7.400    7/22/2020   CHF     62.220
Leonteq Securities AG/    6.600    1/22/2020   EUR     66.000
Raiffeisen Schweiz Gen    5.500    1/22/2020   CHF     72.760
UniCredit Bank AG         4.400    2/12/2021   EUR     67.250
UniCredit Bank AG         5.900    2/12/2021   EUR     67.200
Raiffeisen Schweiz Gen    7.000    1/15/2020   CHF     68.580
Deutsche Bank AG          6.200   12/24/2019   EUR     44.700
Deutsche Bank AG          6.200   12/24/2019   EUR     43.000
Deutsche Bank AG          6.200   12/24/2019   EUR     50.650
Deutsche Bank AG          6.200   12/24/2019   EUR     71.200
Deutsche Bank AG          6.200   12/24/2019   EUR     70.800
Deutsche Bank AG          6.200   12/24/2019   EUR     64.860
Deutsche Bank AG          6.200   12/24/2019   EUR     74.200
Deutsche Bank AG          6.200   12/24/2019   EUR     71.070
Deutsche Bank AG          6.200   12/24/2019   EUR     57.640
Deutsche Bank AG          6.200   12/24/2019   EUR     53.860
Deutsche Bank AG          6.200   12/24/2019   EUR     49.500
Deutsche Bank AG          6.200   12/24/2019   EUR     46.200
Deutsche Bank AG          6.200   12/24/2019   EUR     56.570
Deutsche Bank AG          5.200   12/24/2019   EUR     52.560
Deutsche Bank AG          5.200   12/24/2019   EUR     52.050
Deutsche Bank AG          5.200   12/24/2019   EUR     70.900
Deutsche Bank AG          5.200   12/24/2019   EUR     74.000
Deutsche Bank AG          5.200   12/24/2019   EUR     57.480
Raiffeisen Schweiz Gen    7.840    1/22/2020   CHF     63.910
UBS AG/London             5.500    1/17/2020   CHF     67.950
UBS AG/London             6.750    1/17/2020   CHF     64.450
Natixis SA                2.500    7/12/2021   EUR     72.790
DekaBank Deutsche Giro    3.000    7/31/2020   EUR     60.210
Landesbank Baden-Wuert    2.000    7/24/2020   EUR     55.270
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     50.140
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     47.400
Landesbank Baden-Wuert    6.500    7/24/2020   EUR     70.170
Landesbank Baden-Wuert    2.000    7/24/2020   EUR     73.160
Landesbank Baden-Wuert    3.000    7/24/2020   EUR     68.640
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     65.670
Landesbank Baden-Wuert    3.000    7/24/2020   EUR     74.610
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     70.710
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     67.700
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     71.830
Landesbank Baden-Wuert    2.000    7/24/2020   EUR     71.930
Landesbank Baden-Wuert    3.000    7/24/2020   EUR     68.030
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     68.990
Landesbank Baden-Wuert    6.500    7/24/2020   EUR     64.450
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     69.230
Landesbank Baden-Wuert    5.500    7/24/2020   EUR     62.210
Landesbank Baden-Wuert    6.500    7/24/2020   EUR     73.540
Landesbank Baden-Wuert    3.000    7/24/2020   EUR     72.110
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     68.660
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     73.830
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     71.690
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     70.190
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     70.090
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     65.470
Landesbank Baden-Wuert    2.000    7/24/2020   EUR     59.360
Landesbank Baden-Wuert    2.500    7/24/2020   EUR     28.730
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     26.840
Landesbank Baden-Wuert    2.500    7/24/2020   EUR     56.760
Landesbank Baden-Wuert    3.500    7/24/2020   EUR     53.580
Landesbank Baden-Wuert    4.500    7/24/2020   EUR     51.550
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     72.710
Bank Julius Baer & Co     6.150    1/10/2020   CHF     75.400
UBS AG/London            11.000    6/29/2020   CHF     66.250
UBS AG/London             7.000    6/29/2020   CHF     72.550
UBS AG/London            12.100   12/27/2019   EUR     72.650
UBS AG/London             5.750    6/29/2020   CHF     70.950
UBS AG/London             6.500    6/29/2020   CHF     60.500
DekaBank Deutsche Giro    7.000     2/1/2021   EUR     63.750
Leonteq Securities AG     8.000    1/16/2020   CHF     73.600
UBS AG/London            10.250   12/27/2019   EUR     46.850
UBS AG/London             3.800     1/2/2020   EUR     64.520
UBS AG/London             3.200    3/26/2020   EUR     53.000
UBS AG/London             7.300     1/2/2020   EUR     69.790
Erste Group Bank AG       4.650    7/27/2022   EUR     72.250
Credit Suisse AG/Nassa    7.000    1/13/2021   CHF     65.990
Leonteq Securities AG     7.600    7/13/2021   CHF     68.940
Leonteq Securities AG/    6.200    1/13/2021   CHF     66.520
BNP Paribas Emissions-    9.000   12/30/2019   EUR     70.660
BNP Paribas Emissions-    6.500   12/30/2019   EUR     49.750
BNP Paribas Emissions-   10.000   12/30/2019   EUR     60.480
Bank Julius Baer & Co     7.700   11/22/2019   USD     69.100
Raiffeisen Schweiz Gen    6.000    7/13/2020   CHF     72.940
Bayerische Landesbank     3.150    7/31/2020   EUR     67.790
Vontobel Financial Pro   13.500     1/3/2020   EUR     64.710
Credit Suisse AG/Londo    6.600    5/22/2020   CHF     57.020
Credit Suisse AG/Londo    8.750    5/21/2020   USD     57.170
Landesbank Hessen-Thue    5.000   11/13/2019   EUR     70.300
Commerzbank AG           12.500   11/22/2019   EUR     69.300
Commerzbank AG            7.500   11/22/2019   EUR     63.970
Commerzbank AG           11.500   11/22/2019   EUR     56.300
Commerzbank AG            7.250   11/22/2019   EUR     60.900
Commerzbank AG           10.500   11/22/2019   EUR     53.650
Commerzbank AG            3.750   11/22/2019   EUR     73.380
Commerzbank AG            7.750   11/22/2019   EUR     58.190
Commerzbank AG           11.750   11/22/2019   EUR     50.340
Commerzbank AG           15.750   11/22/2019   EUR     45.530
Commerzbank AG           10.000   11/22/2019   EUR     64.960
Commerzbank AG            7.250   11/22/2019   EUR     78.060
Commerzbank AG           11.250   11/22/2019   EUR     66.080
Commerzbank AG           13.250   11/22/2019   EUR     62.890
Commerzbank AG            6.500   11/22/2019   EUR     60.740
Commerzbank AG            8.000   11/22/2019   EUR     69.370
Commerzbank AG           10.000   11/22/2019   EUR     71.050
Commerzbank AG            5.750   11/22/2019   EUR     71.800
Commerzbank AG            9.750   11/22/2019   EUR     63.090
Commerzbank AG           12.000   11/22/2019   EUR     73.470
Vontobel Financial Pro    6.500     1/3/2020   EUR     63.860
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     68.380
HSBC Trinkaus & Burkha    5.000    2/10/2020   EUR     53.660
UBS AG/London             7.000    1/13/2020   EUR     65.000
Landesbank Hessen-Thue    2.200   11/24/2020   EUR     65.970
Leonteq Securities AG/    6.400    11/3/2020   EUR     57.880
Landesbank Hessen-Thue    3.000     6/4/2021   EUR     76.100
Landesbank Baden-Wuert    2.450    7/24/2020   EUR     72.960
DekaBank Deutsche Giro    2.800   11/22/2019   EUR     56.340
DekaBank Deutsche Giro    2.650   11/22/2019   EUR     66.450
Corner Banca SA           8.800   10/30/2019   CHF     68.040
UBS AG/London             9.500    4/20/2020   CHF     56.550
EFG International Fina    7.200    11/2/2020   EUR     65.870
Landesbank Hessen-Thue    4.000   11/24/2021   EUR     63.640
Corner Banca SA          10.000    11/6/2019   CHF     70.560
Landesbank Hessen-Thue    4.700    2/24/2023   EUR     73.210
Leonteq Securities AG/    6.400    11/3/2021   CHF     68.830
Landesbank Hessen-Thue    4.000     6/4/2021   EUR     51.400
Raiffeisen Schweiz Gen    5.000    11/6/2019   CHF     61.480
Societe Generale SA       8.000   10/31/2019   USD
DekaBank Deutsche Giro    6.000    5/29/2020   EUR     56.980
Raiffeisen Schweiz Gen    6.900   12/30/2019   EUR     52.970
UBS AG/London            12.000     1/6/2020   CHF     57.550
UBS AG/London             7.000     1/6/2020   CHF     64.400
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     63.980
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     59.010
Landesbank Hessen-Thue    4.000    1/26/2022   EUR     65.230
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     55.920
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     62.000
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     75.220
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     72.210
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     69.090
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     54.450
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     70.520
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     23.760
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     22.950
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     40.020
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     48.610
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     64.350
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     60.260
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     70.710
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     57.550
UBS AG/London             9.000     1/6/2020   USD     44.600
UBS AG/London             5.750     1/6/2020   CHF     70.550
UBS AG/London             5.750     7/6/2020   EUR     55.500
Commerzbank AG            2.800   12/30/2019   USD     47.990
Vontobel Financial Pro    6.500    6/26/2020   EUR     54.138
Vontobel Financial Pro    6.500    9/25/2020   EUR     55.700
DekaBank Deutsche Giro    3.400    1/24/2020   EUR     54.130
EFG International Fina    7.600    1/11/2021   CHF     66.950
EFG International Fina    8.400    1/10/2020   USD     43.690
UBS AG/London             5.000   11/22/2019   EUR     57.000
UBS AG/London             6.750    12/6/2019   EUR     60.450
UBS AG/London             7.000     6/8/2020   CHF     70.800
UBS AG/London             6.500    12/7/2020   EUR     63.950
UBS AG/London             7.250     6/8/2020   USD     64.510
Corner Banca SA          11.000   12/18/2019   CHF     55.900
Leonteq Securities AG     5.000    6/15/2021   CHF     56.030
Leonteq Securities AG/   10.280    6/11/2020   CHF     65.390
Leonteq Securities AG/    7.000    6/15/2020   CHF     59.860
UBS AG/London             8.100     1/2/2020   EUR     56.310
Credit Suisse AG/Nassa    8.000   12/18/2019   EUR     68.620
Deutsche Bank AG          5.500   12/24/2019   EUR     69.900
Deutsche Bank AG          5.500   12/24/2019   EUR     64.900
Deutsche Bank AG          5.500   12/24/2019   EUR     61.760
Deutsche Bank AG          5.500   12/24/2019   EUR     57.960
Deutsche Bank AG          5.500   12/24/2019   EUR     54.800
Deutsche Bank AG          5.500   12/24/2019   EUR     73.700
Deutsche Bank AG          5.500   12/24/2019   EUR     54.600
Deutsche Bank AG          5.500   12/24/2019   EUR     51.100
Deutsche Bank AG          5.500   12/24/2019   EUR     56.000
Deutsche Bank AG          5.500   12/24/2019   EUR     53.300
Deutsche Bank AG          5.500   12/24/2019   EUR     57.700
Deutsche Bank AG          5.500   12/24/2019   EUR     52.500
Deutsche Bank AG          5.500   12/24/2019   EUR     64.900
Deutsche Bank AG          5.500   12/24/2019   EUR     65.700
Deutsche Bank AG          5.500   12/24/2019   EUR     59.200
Deutsche Bank AG          5.500   12/24/2019   EUR     41.900
Deutsche Bank AG          5.500   12/24/2019   EUR     39.900
Deutsche Bank AG          5.500   12/24/2019   EUR     37.300
Deutsche Bank AG          5.500   12/24/2019   EUR     59.100
Deutsche Bank AG          5.500   12/24/2019   EUR     25.400
Deutsche Bank AG          5.500   12/24/2019   EUR     24.400
Credit Suisse AG/Londo    7.000   12/18/2019   CHF     55.080
Landesbank Baden-Wuert    3.000    3/26/2021   EUR     65.030
UBS AG/London             9.600    3/26/2020   EUR     62.970
UBS AG/London             7.300    3/26/2020   EUR     75.800
UBS AG/London             6.600    3/26/2020   EUR     65.590
UBS AG/London             6.700   12/28/2020   EUR     66.840
UBS AG/London             6.100   12/28/2020   EUR     68.070
UBS AG/London            15.100     1/2/2020   EUR     73.980
UBS AG/London             5.500    3/26/2020   EUR     76.180
UBS AG/London             8.700    6/25/2020   EUR     73.380
UBS AG/London             4.400    3/26/2020   EUR     71.530
UBS AG/London             4.900    3/26/2020   EUR     69.300
UBS AG/London             7.400   12/28/2020   EUR     65.840
Leonteq Securities AG/    7.000    1/29/2020   CHF     67.530
Leonteq Securities AG/    8.200    1/29/2020   EUR     54.070
Leonteq Securities AG/    7.200    7/29/2020   CHF     67.810
UniCredit Bank AG         3.250    2/27/2022   EUR     62.230
EFG International Fina    7.200     2/8/2021   EUR     71.220
EFG International Fina    8.600     2/7/2020   USD     41.470
Leonteq Securities AG/    8.000     8/5/2020   CHF     73.070
Leonteq Securities AG/    9.000     8/5/2020   USD     67.390
Leonteq Securities AG/   10.000     2/5/2020   EUR     59.360
Leonteq Securities AG/    8.000    7/22/2020   CHF     62.000
Raiffeisen Schweiz Gen    6.450    1/22/2020   CHF     62.900
Raiffeisen Schweiz Gen   10.020    1/15/2020   EUR     62.670
Leonteq Securities AG/    8.000    1/17/2020   CHF     39.680
Bank Julius Baer & Co     8.800    1/24/2020   EUR     59.150
UniCredit Bank AG         4.200    2/12/2021   EUR     73.760
UniCredit Bank AG         5.000    2/12/2021   EUR     71.450
UniCredit Bank AG         4.550    2/12/2021   EUR     64.720
Landesbank Baden-Wuert    3.000    3/26/2021   EUR     69.740
Zurcher Kantonalbank F    3.500    1/23/2020   CHF     20.390
Deutsche Bank AG          6.200   12/24/2019   EUR     74.910
Deutsche Bank AG          6.200   12/24/2019   EUR     46.500
Deutsche Bank AG          6.200   12/24/2019   EUR     52.720
Deutsche Bank AG          6.200   12/24/2019   EUR     48.740
Deutsche Bank AG          6.200   12/24/2019   EUR     52.210
Deutsche Bank AG          6.200   12/24/2019   EUR     66.900
Deutsche Bank AG          6.200   12/24/2019   EUR     63.400
Deutsche Bank AG          6.200   12/24/2019   EUR     71.060
Deutsche Bank AG          6.200   12/24/2019   EUR     67.820
Deutsche Bank AG          6.200   12/24/2019   EUR     63.030
Deutsche Bank AG          6.200   12/24/2019   EUR     70.400
Deutsche Bank AG          6.200   12/24/2019   EUR     73.970
Deutsche Bank AG          6.200   12/24/2019   EUR     68.380
Deutsche Bank AG          6.200   12/24/2019   EUR     55.680
Deutsche Bank AG          6.200   12/24/2019   EUR     47.800
Deutsche Bank AG          6.200   12/24/2019   EUR     54.350
Deutsche Bank AG          6.200   12/24/2019   EUR     52.300
Deutsche Bank AG          5.200   12/24/2019   EUR     46.300
Deutsche Bank AG          5.200   12/24/2019   EUR     50.490
Deutsche Bank AG          5.200   12/24/2019   EUR     76.050
Deutsche Bank AG          5.200   12/24/2019   EUR     70.600
Deutsche Bank AG          5.200   12/24/2019   EUR     67.660
Deutsche Bank AG          5.200   12/24/2019   EUR     73.810
Deutsche Bank AG          5.200   12/24/2019   EUR     55.520
Deutsche Bank AG          5.200   12/24/2019   EUR     49.300
Deutsche Bank AG          5.200   12/24/2019   EUR     56.410
Leonteq Securities AG/    5.500    1/30/2020   CHF     60.780
UBS AG/London            12.500    7/20/2020   USD     74.150
UBS AG/London             6.250    1/17/2020   CHF     37.750
UniCredit Bank AG         4.130    2/13/2022   EUR     70.870
Landesbank Baden-Wuert    5.750    1/22/2021   EUR     74.900
Landesbank Hessen-Thue    4.000    8/26/2020   EUR     59.400
Landesbank Hessen-Thue    4.000    8/26/2020   EUR     60.100
Credit Suisse AG/Londo    7.000   11/28/2019   CHF     56.070
Leonteq Securities AG/    8.000   12/27/2019   CHF     64.980
UniCredit Bank AG         3.850    6/28/2022   EUR     70.860
Credit Suisse AG/Nassa    7.250     6/8/2020   EUR     66.710
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     49.490
Landesbank Baden-Wuert    4.500    2/28/2020   EUR     74.700
Landesbank Hessen-Thue    3.500     7/6/2022   EUR     69.030
BNP Paribas Issuance B    6.400     6/1/2020   EUR     53.450
Bayerische Landesbank     3.100    7/10/2020   EUR     64.960
Leonteq Securities AG/    2.500     6/5/2024   EUR     61.000
UBS AG/London             5.250    12/6/2019   CHF     67.250
UBS AG/London             5.750   11/23/2020   CHF     62.650
UBS AG/London             8.000     6/8/2020   CHF     71.450
UBS AG/London             7.100     1/2/2020   EUR     58.990
UBS AG/London             5.400     1/2/2020   EUR     64.680
UBS AG/London             6.100    6/25/2020   EUR     66.280
UBS AG/London             4.300     1/2/2020   EUR     61.510
Erste Group Bank AG       4.650    6/29/2022   EUR     74.600
Raiffeisen Schweiz Gen    7.100    6/15/2020   CHF     58.550
Raiffeisen Schweiz Gen    6.500   12/18/2019   CHF     54.890
Raiffeisen Schweiz Gen    5.300   12/15/2020   EUR     70.410
Leonteq Securities AG/    7.600     1/9/2020   CHF     66.400
Leonteq Securities AG/    7.200     1/4/2021   CHF     70.590
Leonteq Securities AG/   10.000     1/3/2020   CHF     46.300
UBS AG/London            21.300     1/2/2020   EUR     60.610
UBS AG/London            13.900     1/2/2020   EUR     52.280
UBS AG/London             6.800     1/2/2020   EUR     59.760
UBS AG/London            14.500     1/2/2020   EUR     44.810
UBS AG/London             5.300     1/2/2020   EUR     63.970
UBS AG/London             9.800     1/2/2020   EUR     56.450
UBS AG/London             7.100    9/24/2020   EUR     71.930
UBS AG/London             5.600     1/2/2020   EUR     61.700
UBS AG/London            18.700     1/2/2020   EUR     71.900
UBS AG/London             6.600     1/2/2020   EUR     71.090
UBS AG/London            19.600     1/2/2020   EUR     75.440
HSBC Trinkaus & Burkha    6.500   12/27/2019   EUR     66.500
HSBC Trinkaus & Burkha    3.500   12/27/2019   EUR     74.860
HSBC Trinkaus & Burkha    6.900    3/27/2020   EUR     52.380
Vontobel Financial Pro    7.600    12/9/2019   EUR     61.260
Commerzbank AG            3.500   11/22/2019   EUR     65.740
UBS AG/London             7.000     6/2/2020   CHF     57.600
UBS AG/London            11.000    12/2/2019   EUR     66.950
Leonteq Securities AG/    9.000   12/27/2019   CHF     71.540
UniCredit Bank AG         6.000     1/3/2020   EUR     49.920
UniCredit Bank AG         3.200     1/3/2020   EUR     72.780
UniCredit Bank AG         3.800     1/3/2020   EUR     73.820
UniCredit Bank AG         7.100     1/3/2020   EUR     68.030
UniCredit Bank AG        12.100     1/3/2020   EUR     68.950
UniCredit Bank AG        11.200     1/3/2020   EUR     49.210
UniCredit Bank AG         9.400     1/3/2020   EUR     74.180
UniCredit Bank AG        11.900     1/3/2020   EUR     55.580
UniCredit Bank AG         4.000     1/3/2020   EUR     63.090
UniCredit Bank AG        10.100     1/3/2020   EUR     62.710
UniCredit Bank AG         4.100     1/3/2020   EUR     73.320
UniCredit Bank AG        10.900     1/3/2020   EUR     53.260
UniCredit Bank AG         4.700     1/3/2020   EUR     64.830
UniCredit Bank AG        10.000     1/3/2020   EUR     54.920
UniCredit Bank AG         5.700     1/3/2020   EUR     71.180
UniCredit Bank AG         5.100     1/3/2020   EUR     69.910
UniCredit Bank AG        10.600     1/3/2020   EUR     62.690
UniCredit Bank AG        11.600     1/3/2020   EUR     68.870
UniCredit Bank AG         4.400     1/3/2020   EUR     70.780
UniCredit Bank AG         7.700     1/3/2020   EUR     64.080
UniCredit Bank AG         9.900     1/3/2020   EUR     57.260
Landesbank Baden-Wuert    3.000   12/29/2020   EUR     62.800
Landesbank Baden-Wuert    3.600   12/29/2020   EUR     78.670
UniCredit Bank AG         4.200   11/21/2021   EUR     68.420
UniCredit Bank AG         9.800   12/28/2020   EUR     74.280
DZ Bank AG Deutsche Ze    5.250    7/22/2020   EUR     69.410
UniCredit Bank AG        11.300    6/25/2021   EUR     75.700
UniCredit Bank AG         8.000    6/25/2021   EUR     73.730
UniCredit Bank AG        10.200    6/25/2021   EUR     72.410
UniCredit Bank AG         7.000    6/25/2021   EUR     74.790
UniCredit Bank AG        11.300    6/25/2021   EUR     71.980
UniCredit Bank AG         5.100    6/25/2021   EUR     72.130
UniCredit Bank AG         7.000    6/25/2021   EUR     70.210
UniCredit Bank AG         8.000    6/25/2021   EUR     69.540
UniCredit Bank AG         7.700   12/24/2021   EUR     70.240
UniCredit Bank AG         8.500   12/28/2020   EUR     75.640
UniCredit Bank AG        12.700   12/28/2020   EUR     72.420
UniCredit Bank AG        10.100    6/26/2020   EUR     66.120
Vontobel Financial Pro   19.500    6/26/2020   EUR     74.800
UniCredit Bank AG        14.200   12/28/2020   EUR     71.800
UniCredit Bank AG         9.000    6/25/2021   EUR     69.030
UniCredit Bank AG         8.600   12/24/2021   EUR     70.210
UniCredit Bank AG         6.200   12/24/2021   EUR     71.350
UniCredit Bank AG         6.300    3/27/2020   EUR     71.270
UniCredit Bank AG        10.800    3/27/2020   EUR     66.920
UniCredit Bank AG         6.200    6/26/2020   EUR     69.040
UniCredit Bank AG        12.300    6/26/2020   EUR     65.130
UniCredit Bank AG        11.800    6/26/2020   EUR     74.410
Vontobel Financial Pro   15.500    9/25/2020   EUR     74.840
UniCredit Bank AG         5.500   12/24/2021   EUR     72.220
UniCredit Bank AG         7.000   12/24/2021   EUR     70.840
UniCredit Bank AG         9.500   12/24/2021   EUR     73.350
UniCredit Bank AG        13.800    6/26/2020   EUR     72.660
UniCredit Bank AG         6.000    6/25/2021   EUR     71.010
UniCredit Bank AG        10.100    6/25/2021   EUR     68.820
UniCredit Bank AG         8.700   12/24/2021   EUR     73.810
UniCredit Bank AG         6.200   12/24/2021   EUR     75.800
Raiffeisen Schweiz Gen    7.500     4/3/2020   CHF     72.240
UniCredit Bank AG         5.100    4/16/2021   EUR     74.540
HSBC Trinkaus & Burkha    8.200    3/27/2020   EUR     68.640
HSBC Trinkaus & Burkha   10.000    1/24/2020   EUR     75.190
HSBC Trinkaus & Burkha    8.800    7/24/2020   EUR     74.770
UniCredit Bank AG         4.850    11/1/2020   EUR     64.140
DekaBank Deutsche Giro    3.900    4/25/2022   EUR     72.820
Landesbank Hessen-Thue    2.000    3/29/2022   EUR     74.320
UniCredit Bank AG        11.600     1/3/2020   EUR     53.340
UniCredit Bank AG        12.200     1/3/2020   EUR     59.800
UniCredit Bank AG         9.800     1/3/2020   EUR     57.450
UniCredit Bank AG         7.500     1/3/2020   EUR     52.310
UniCredit Bank AG         7.300     1/3/2020   EUR     46.910
UniCredit Bank AG         6.800     1/3/2020   EUR     62.490
UniCredit Bank AG         6.500     1/3/2020   EUR     43.030
UniCredit Bank AG         5.400     1/3/2020   EUR     47.230
UniCredit Bank AG        10.000     1/3/2020   EUR     55.100
UniCredit Bank AG        11.000     1/3/2020   EUR     42.490
UniCredit Bank AG         7.200     1/3/2020   EUR     59.160
UniCredit Bank AG         6.900     1/3/2020   EUR     56.440
UniCredit Bank AG        12.200     1/3/2020   EUR     43.240
UniCredit Bank AG         6.800     1/3/2020   EUR     56.250
UniCredit Bank AG         9.600     1/3/2020   EUR     49.250
UniCredit Bank AG         8.500     1/3/2020   EUR     69.310
UniCredit Bank AG         8.700     1/3/2020   EUR     72.000
UniCredit Bank AG         3.900     1/3/2020   EUR     54.380
UniCredit Bank AG        10.300     1/3/2020   EUR     51.640
UniCredit Bank AG         4.200     1/3/2020   EUR     63.170
UniCredit Bank AG         8.400     1/3/2020   EUR     48.030
UniCredit Bank AG         8.000     1/3/2020   EUR     52.710
UniCredit Bank AG        12.900     1/3/2020   EUR     55.350
UniCredit Bank AG         3.600     1/3/2020   EUR     70.290
UniCredit Bank AG         7.600     1/3/2020   EUR     70.430
UniCredit Bank AG         9.100     1/3/2020   EUR     65.210
UniCredit Bank AG        13.000     1/3/2020   EUR     37.800
UniCredit Bank AG         8.800     1/3/2020   EUR     45.280
UniCredit Bank AG         6.000     1/3/2020   EUR     53.490
UniCredit Bank AG         8.700     1/3/2020   EUR     57.800
UniCredit Bank AG         8.600     1/3/2020   EUR     33.640
UniCredit Bank AG         9.900     1/3/2020   EUR     44.910
UniCredit Bank AG         3.300     1/3/2020   EUR     66.160
UniCredit Bank AG        10.700     1/3/2020   EUR     63.630
UniCredit Bank AG         4.600     1/3/2020   EUR     54.920
UniCredit Bank AG         6.600     1/3/2020   EUR     65.120
UniCredit Bank AG        12.900     1/3/2020   EUR     30.730
UniCredit Bank AG        10.900     1/3/2020   EUR     33.390
UniCredit Bank AG         7.500     1/3/2020   EUR     59.420
UniCredit Bank AG         5.600    4/16/2021   EUR     69.650
Vontobel Financial Pro   10.500    3/27/2020   EUR     69.190
Vontobel Financial Pro   12.500    6/26/2020   EUR     66.480
Vontobel Financial Pro   17.000    6/26/2020   EUR     64.980
Raiffeisen Schweiz Gen    6.600     4/3/2020   EUR     60.470
UniCredit Bank AG         6.300   10/16/2021   EUR     61.480
UniCredit Bank AG         4.650    4/16/2021   EUR     66.410
Landesbank Baden-Wuert    5.300    2/28/2020   EUR     57.530
Leonteq Securities AG     5.200    6/11/2020   CHF     57.550
UniCredit Bank AG         3.700    6/25/2022   EUR     72.690
Landesbank Baden-Wuert    2.500    3/27/2020   EUR     75.070
EFG International Fina   10.900    5/29/2020   USD     71.780
Zurcher Kantonalbank F    8.500   11/29/2019   EUR     67.180
Leonteq Securities AG     6.200     6/8/2021   CHF     71.450
Deutsche Bank AG         15.000   12/24/2019   EUR     55.280
Deutsche Bank AG         15.000   12/24/2019   EUR     59.300
Deutsche Bank AG         15.000   12/24/2019   EUR     68.300
Deutsche Bank AG         15.000   12/24/2019   EUR     63.460
Deutsche Bank AG         15.000   12/24/2019   EUR     51.000
Deutsche Bank AG         15.000   12/24/2019   EUR     58.030
UBS AG/London            11.000    12/2/2019   CHF     52.000
UBS AG/London            10.000    12/2/2019   EUR     65.850
UBS AG/London             5.500    12/2/2019   CHF     64.950
DekaBank Deutsche Giro    3.250    1/24/2020   EUR     55.430
Centralnaya Prigorodna    7.550   12/15/2027   RUB     68.250
Leonteq Securities AG/    8.400     1/3/2020   CHF     65.710
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     66.560
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     58.000
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     72.190
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     73.090
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     58.510
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     50.980
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     66.710
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     63.330
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     53.350
Landesbank Baden-Wuert    2.000    1/24/2020   EUR     58.970
Landesbank Baden-Wuert    2.000    1/24/2020   EUR     69.420
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     60.040
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     64.820
UniCredit Bank AG         4.600   11/22/2019   EUR     72.900
Raiffeisen Schweiz Gen    5.200    12/1/2020   CHF     55.000
Raiffeisen Schweiz Gen    6.400    12/4/2019   CHF     53.420
Credit Suisse AG/Londo    7.000   11/18/2019   CHF     56.020
Zurcher Kantonalbank F   10.000   11/18/2019   CHF     70.500
Commerzbank AG            8.250   11/22/2019   EUR     72.840
Commerzbank AG           10.250   11/22/2019   EUR     68.360
Commerzbank AG           14.250   11/22/2019   EUR     62.400
Landesbank Hessen-Thue    6.500    2/16/2023   EUR     58.250
Raiffeisen Schweiz Gen    6.250    1/29/2020   CHF     68.660
DekaBank Deutsche Giro    2.900    2/14/2020   EUR     71.880
DekaBank Deutsche Giro    2.800    2/12/2021   EUR     70.440
Zurcher Kantonalbank F    5.750    1/30/2020   CHF     21.140
EFG International Fina    7.000   11/16/2020   EUR     64.230
Leonteq Securities AG/    5.000   11/27/2019   CHF     63.870
Bank Julius Baer & Co     8.000   10/31/2019   CHF     64.350
DZ Bank AG Deutsche Ze    7.250    8/26/2020   EUR     74.650
DekaBank Deutsche Giro    4.700    5/29/2020   EUR     76.160
UniCredit Bank AG         5.700   11/27/2019   EUR     52.080
Leonteq Securities AG/    5.000   11/27/2019   CHF     71.110
UniCredit Bank AG         4.200    12/8/2021   EUR     66.590
Leonteq Securities AG/    6.000   11/13/2019   CHF     59.220
Leonteq Securities AG/    5.000   11/13/2019   CHF     64.740
Raiffeisen Schweiz Gen    6.400   11/13/2019   EUR     73.950
Bayerische Landesbank     2.000   12/11/2020   EUR     72.320
Commerzbank AG           11.250   11/22/2019   EUR     61.120
UBS AG/London            10.000    12/5/2019   EUR     69.650
UBS AG/London            10.000    12/5/2019   USD     62.350
Commerzbank AG            9.250   11/22/2019   EUR     63.130
Commerzbank AG           12.250   11/22/2019   EUR     65.640
Raiffeisen Schweiz Gen    6.000    12/4/2019   CHF     75.110
Landesbank Hessen-Thue    4.000   11/10/2021   EUR     69.670
EFG International Fina    7.200   10/26/2020   USD     46.550
Zurcher Kantonalbank F    7.250   10/19/2020   CHF     69.050
Landesbank Hessen-Thue    5.100    2/17/2023   EUR     67.920
Landesbank Baden-Wuert    2.550   12/27/2021   EUR     70.600
Barclays Bank PLC        13.500   10/16/2020   EUR     71.410
EFG International Fina    7.200   10/26/2020   EUR     53.160
Vontobel Financial Pro    8.000     1/3/2020   EUR     69.960
Vontobel Financial Pro    8.000    3/27/2020   EUR     71.590
Raiffeisen Schweiz Gen    9.000   10/12/2020   CHF     60.870
Vontobel Financial Pro   12.000    3/27/2020   EUR     67.180
DekaBank Deutsche Giro    3.050   11/20/2020   EUR     73.950
EFG International Fina    8.000   11/23/2020   EUR     56.270
Commerzbank AG           11.000    7/24/2020   EUR     71.050
Landesbank Baden-Wuert    3.000   12/29/2020   EUR     68.370
Commerzbank AG            7.000    7/24/2020   EUR     74.420
Commerzbank AG            9.000    7/24/2020   EUR     72.460
EFG International Fina    7.800   11/24/2020   USD     61.570
EFG International Fina    7.000   11/23/2020   CHF     73.910
Landesbank Baden-Wuert    4.250   12/29/2020   EUR     66.740
UniCredit Bank AG        12.100     1/3/2020   EUR     40.160
UniCredit Bank AG        10.300     1/3/2020   EUR     70.190
UniCredit Bank AG         6.300     1/3/2020   EUR     72.670
UniCredit Bank AG         9.800     1/3/2020   EUR     65.450
UniCredit Bank AG         8.800     1/3/2020   EUR     44.340
UniCredit Bank AG         5.000     1/3/2020   EUR      3.200
UniCredit Bank AG        11.900     1/3/2020   EUR     71.750
UniCredit Bank AG        11.600     1/3/2020   EUR     67.660
Landesbank Hessen-Thue    8.600   11/17/2022   EUR     58.980
Landesbank Baden-Wuert    4.400   12/29/2020   EUR     62.920
Leonteq Securities AG/    8.000    9/10/2020   CHF     68.870
Landesbank Hessen-Thue    3.500    9/28/2022   EUR     72.350
Leonteq Securities AG    10.000   11/27/2019   CHF     57.530
DZ Bank AG Deutsche Ze    5.800   12/23/2019   EUR     69.390
Vontobel Financial Pro    5.600   11/15/2019   EUR     53.760
DZ Bank AG Deutsche Ze   10.750   12/27/2019   EUR     32.770
Raiffeisen Centrobank     5.359    3/24/2020   EUR     75.590
Landesbank Baden-Wuert    4.000    8/28/2020   EUR     59.060
Landesbank Baden-Wuert    3.000    8/28/2020   EUR     42.150
Landesbank Baden-Wuert    2.500    8/28/2020   EUR     73.210
Landesbank Baden-Wuert    4.500    8/28/2020   EUR     71.220
HSBC Trinkaus & Burkha    6.100   11/22/2019   EUR     69.030
DekaBank Deutsche Giro    3.000   10/31/2019   EUR     72.600
Leonteq Securities AG/    7.400     3/3/2020   CHF     77.350
Macquarie Internationa   11.550    8/28/2023   ZAR     15.955
Vontobel Financial Pro    3.500   12/13/2019   EUR     67.080
Vontobel Financial Pro   10.000   12/13/2019   EUR     74.290
Vontobel Financial Pro    7.500   12/13/2019   EUR     59.230
Commerzbank AG           10.000    1/24/2020   EUR     73.720
Vontobel Financial Pro    7.500     1/3/2020   EUR     69.870
Vontobel Financial Pro    6.000    3/27/2020   EUR     49.590
Vontobel Financial Pro   13.000    3/27/2020   EUR     59.100
Vontobel Financial Pro   16.000   12/13/2019   EUR     61.660
Vontobel Financial Pro    8.500   12/13/2019   EUR     63.190
Vontobel Financial Pro    4.500   12/13/2019   EUR     70.310
Vontobel Financial Pro   10.500   12/13/2019   EUR     74.280
Vontobel Financial Pro    8.500   12/13/2019   EUR     67.120
Vontobel Financial Pro   11.500   12/13/2019   EUR     62.400
Vontobel Financial Pro   15.000    3/27/2020   EUR     63.280
Vontobel Financial Pro    7.500    3/27/2020   EUR     47.710
Vontobel Financial Pro    8.500   12/13/2019   EUR     63.450
Vontobel Financial Pro    3.000   12/13/2019   EUR     74.490
Corner Banca SA          11.000    3/10/2020   CHF     73.550
Leonteq Securities AG    14.200   12/10/2019   CHF     76.210
Leonteq Securities AG/   10.000     2/8/2021   USD     71.360
Raiffeisen Schweiz Gen    7.200    3/10/2020   CHF     67.160
Raiffeisen Schweiz Gen    7.100    3/10/2020   CHF     68.470
Landesbank Hessen-Thue    5.200     1/8/2024   EUR     56.550
Commerzbank AG            9.000   12/31/2019   EUR     70.560
Raiffeisen Centrobank     5.500    10/9/2020   EUR     67.140
Vontobel Financial Pro    6.500   12/13/2019   EUR     66.670
Vontobel Financial Pro   16.000   12/13/2019   EUR     56.390
HSBC Trinkaus & Burkha    8.700   12/27/2019   EUR     68.930
HSBC Trinkaus & Burkha    7.400   12/27/2019   EUR     65.610
Credit Suisse AG/Londo    5.000    6/23/2020   EUR     49.570
DZ Bank AG Deutsche Ze    6.750   12/27/2019   EUR     69.550
Raiffeisen Centrobank     6.620    3/24/2020   EUR     50.660
Raiffeisen Centrobank     8.511    3/24/2020   EUR     51.800
Banque Cantonale Vaudo    6.300     9/7/2020   CHF     70.330
Landesbank Baden-Wuert    4.000    8/28/2020   EUR     74.070
Landesbank Baden-Wuert    3.000    8/28/2020   EUR     73.810
UBS AG/London            28.400     1/2/2020   EUR     74.950
UBS AG/London             3.900    9/24/2020   EUR     73.830
DekaBank Deutsche Giro    7.700    3/26/2021   EUR     68.740
UBS AG/London            10.500    8/31/2020   EUR     67.450
UBS AG/London            10.000     3/2/2020   EUR     49.800
UBS AG/London            10.000     9/7/2020   CHF     55.100
Banque Cantonale Vaudo    5.000    1/31/2020   CHF     74.130
Leonteq Securities AG    10.000     8/3/2020   CHF     38.570
Commerzbank AG            9.000   12/31/2019   EUR     64.600
Vontobel Financial Pro    7.500    3/27/2020   EUR     55.110
Landesbank Baden-Wuert    4.150   10/22/2021   EUR     75.440
Vontobel Financial Pro    6.000     1/3/2020   EUR     54.330
Bank Julius Baer & Co     5.750   10/31/2019   CHF     61.350
Luzerner Kantonalbank    10.000    8/28/2020   CHF     71.170
Vontobel Financial Pro   14.000     1/3/2020   EUR     40.770
Vontobel Financial Pro   13.000     1/3/2020   EUR     68.730
Vontobel Financial Pro    6.500    3/27/2020   EUR     65.360
Commerzbank AG           11.000   11/22/2019   EUR     62.890
Vontobel Financial Pro   12.500   12/13/2019   EUR     66.670
Vontobel Financial Pro    8.500   12/13/2019   EUR     67.740
Vontobel Financial Pro    8.500   12/13/2019   EUR     69.070
DZ Bank AG Deutsche Ze    4.750   12/23/2019   EUR     62.320
DZ Bank AG Deutsche Ze    7.500   12/23/2019   EUR     62.730
Bank Julius Baer & Co     6.150    12/5/2019   CHF     61.450
UBS AG/London            10.000     2/6/2020   EUR     75.100
DZ Bank AG Deutsche Ze    5.000   12/27/2019   EUR     35.060
Raiffeisen Centrobank     6.935    3/24/2020   EUR     74.670
Vontobel Financial Pro    9.000    3/27/2020   EUR     56.210
Landesbank Baden-Wuert    3.000    8/28/2020   EUR     75.830
Landesbank Baden-Wuert    4.000    8/28/2020   EUR     52.310
Landesbank Baden-Wuert    5.000    8/28/2020   EUR     68.030
Landesbank Hessen-Thue    4.650    9/28/2023   EUR     67.370
UBS AG/London            15.900     1/2/2020   EUR     71.800
HSBC Trinkaus & Burkha    7.100   12/27/2019   EUR     73.360
HSBC Trinkaus & Burkha    3.200   12/27/2019   EUR     65.350
Leonteq Securities AG/   10.400   12/13/2019   CHF     68.760
UBS AG/London             9.000    7/20/2020   CHF     70.000
Credit Suisse AG/Nassa    8.250   10/28/2019   CHF     54.830
UBS AG/London            11.000     3/5/2020   CHF     66.750
UBS AG/London            10.000    8/13/2020   EUR     75.300
Vontobel Financial Pro    6.500     1/3/2020   EUR     52.930
HSBC Trinkaus & Burkha    5.500   12/27/2019   EUR     65.010
HSBC Trinkaus & Burkha    4.400    6/26/2020   EUR     64.950
Zurcher Kantonalbank F    6.750    2/19/2020   EUR     67.150
HSBC Trinkaus & Burkha    5.670    2/12/2021   EUR     74.060
UBS AG/London            13.000    1/21/2020   USD     59.440
UBS AG/London             6.000    7/20/2020   CHF     62.350
Leonteq Securities AG/    6.200    7/27/2021   CHF     58.690
UBS AG/London            11.000     3/6/2020   USD     70.450
UBS AG/London            12.000    12/6/2019   USD     73.980
UBS AG/London            10.500    12/5/2019   CHF     62.500
HSBC Trinkaus & Burkha    8.900   11/22/2019   EUR     68.250
HSBC Trinkaus & Burkha    8.000   11/22/2019   EUR     36.030
HSBC Trinkaus & Burkha    5.400    6/26/2020   EUR     65.620
HSBC Trinkaus & Burkha    3.700    6/26/2020   EUR     64.490
HSBC Trinkaus & Burkha    7.300   12/27/2019   EUR     69.270
UBS AG/London             6.500    7/20/2020   EUR     49.500
UBS AG/London             5.500    1/20/2020   CHF     68.900
Natixis SA                3.450    7/26/2021   RUB     64.400
Credit Suisse AG/Nassa    7.250   12/12/2019   CHF     75.820
Leonteq Securities AG/   13.200   12/11/2019   USD     44.740
Erste Group Bank AG       8.000    9/28/2023   EUR     69.650
HSBC Trinkaus & Burkha    6.900    6/26/2020   EUR     66.310
HSBC Trinkaus & Burkha    5.600    6/26/2020   EUR     65.450
DZ Bank AG Deutsche Ze    8.250    3/25/2020   EUR     71.450
HSBC Trinkaus & Burkha    4.600   11/22/2019   EUR     67.090
HSBC Trinkaus & Burkha    5.400   12/27/2019   EUR     73.080
UBS AG/London             7.250     3/5/2020   CHF     72.000
UniCredit Bank AG         4.000    8/24/2021   EUR     72.920
Commerzbank AG            5.000   12/31/2019   EUR     72.250
UBS AG/London             5.250   11/22/2019   EUR     61.900
Raiffeisen Schweiz Gen    8.500   11/27/2019   CHF     70.140
EFG International Fina    8.000    4/21/2020   USD     34.970
Landesbank Baden-Wuert    3.300   12/29/2020   EUR     70.660
Leonteq Securities AG/    7.200    12/8/2020   USD     59.420
Landesbank Hessen-Thue    3.500     1/5/2022   EUR     74.120
DekaBank Deutsche Giro    6.300     7/3/2020   EUR     54.830
UniCredit Bank AG         5.200     5/4/2020   USD     30.820
Raiffeisen Schweiz Gen    5.000     4/3/2020   CHF     33.350
Landesbank Hessen-Thue    6.250   12/22/2022   EUR     61.340
UniCredit Bank AG         5.100   12/19/2020   EUR     65.080
UBS AG/London             5.500   11/22/2019   CHF     76.250
DekaBank Deutsche Giro    2.800    4/24/2020   EUR     68.300
Leonteq Securities AG/    9.000     6/4/2020   USD     57.680
EFG International Fina    8.000    12/6/2019   EUR     66.180
UBS AG/London             7.750   11/22/2019   CHF     51.200
Leonteq Securities AG/    7.000    12/4/2019   CHF     68.490
Leonteq Securities AG/   10.400    12/4/2019   EUR     57.640
UniCredit Bank AG         4.450   12/29/2022   EUR     65.380
UniCredit Bank AG         4.300   12/19/2021   EUR     66.610
Raiffeisen Switzerland    4.800   11/23/2023   CHF     63.360
DekaBank Deutsche Giro    2.800    3/13/2020   EUR     69.640
Landesbank Hessen-Thue    7.250    3/15/2023   EUR     54.300
Societe Generale SA      11.500   11/30/2020   USD     66.050
EFG International Fina    7.200   11/30/2020   EUR     68.060
Leonteq Securities AG/    7.000   11/27/2019   CHF     76.410
Bayerische Landesbank     2.700    2/21/2020   EUR     73.140
Raiffeisen Schweiz Gen    6.750   11/27/2019   CHF     75.950
Leonteq Securities AG/    7.400   11/27/2019   USD     53.220
getBACK SA                5.720    4/30/2021   PLN
UBS AG/London             9.000   11/15/2019   EUR     48.000
EFG International Fina   10.560   11/22/2019   USD     87.740
Corner Banca SA           9.600   11/27/2019   CHF     69.720
Commerzbank AG            3.900    3/23/2022   USD      5.960
Leonteq Securities AG/    4.200     6/1/2021   CHF     44.100
Landesbank Baden-Wuert    3.100    2/25/2022   EUR     74.680
Landesbank Hessen-Thue    4.000   12/22/2021   EUR     59.520
DekaBank Deutsche Giro    4.300     1/4/2021   EUR     62.890
UBS AG/London             8.500    6/15/2020   USD     74.300
UBS AG/London             8.000    6/15/2020   CHF     74.000
UBS AG/London             8.750    6/15/2020   EUR     67.650
Bayerische Landesbank     3.000    7/17/2020   EUR     74.090
Credit Suisse AG/Nassa    7.000    6/22/2021   CHF     62.950
Bank Julius Baer & Co     8.500   12/23/2019   EUR     70.800
Vontobel Financial Pro    7.500    3/27/2020   EUR     71.380
Vontobel Financial Pro   11.500    3/27/2020   EUR     70.920
Vontobel Financial Pro   13.500    3/27/2020   EUR     68.850
UBS AG/London            12.000     3/5/2020   CHF     63.600
Vontobel Financial Pro    9.000     1/3/2020   EUR     62.290
Vontobel Financial Pro   10.500     1/3/2020   EUR     60.660
Vontobel Financial Pro    6.000   12/13/2019   EUR     72.830
Vontobel Financial Pro    9.500   12/13/2019   EUR     72.800
Vontobel Financial Pro   11.000   12/13/2019   EUR     59.350
Vontobel Financial Pro    6.000   12/13/2019   EUR     67.670
Vontobel Financial Pro    4.000   12/13/2019   EUR     73.010
Vontobel Financial Pro   12.000   12/13/2019   EUR     61.950
Credit Suisse AG/Londo    8.000   12/23/2019   USD     62.750
Credit Suisse AG/Londo    8.500    2/26/2020   CHF     66.280
Bank Julius Baer & Co     7.250   12/23/2019   CHF     72.350
DekaBank Deutsche Giro    3.350    7/10/2020   EUR     68.700
Leonteq Securities AG    11.350   12/27/2019   CHF     55.700
SecurAsset SA             5.250    6/30/2022   EUR     59.200
HSBC Trinkaus & Burkha    5.300    6/26/2020   EUR     55.730
HSBC Trinkaus & Burkha    4.300   12/27/2019   EUR     64.520
UBS AG/London             7.000   12/14/2020   CHF     59.450
UBS AG/London             6.500   12/14/2020   EUR     65.950
UBS AG/London             5.500   12/13/2019   CHF     73.550
Leonteq Securities AG    10.000   12/27/2019   EUR     68.090
BNP Paribas Emissions-   10.000   12/30/2019   EUR     57.380
BNP Paribas Emissions-   11.000   12/30/2019   EUR     58.960
Landesbank Hessen-Thue    6.000    12/1/2022   EUR     74.440
Landesbank Hessen-Thue    5.200     9/8/2022   EUR     68.530
Leonteq Securities AG    16.200     6/4/2020   EUR     66.890
BNP Paribas Emissions-    9.000   12/30/2019   EUR     74.760
BNP Paribas Emissions-    4.500   12/30/2019   EUR     65.120
BNP Paribas Emissions-    5.000   12/30/2019   EUR     72.850
BNP Paribas Emissions-    5.500   12/30/2019   EUR     71.850
BNP Paribas Emissions-    6.000   12/30/2019   EUR     73.150
BNP Paribas Emissions-    7.000   12/30/2019   EUR     68.060
BNP Paribas Emissions-   10.000   12/30/2019   EUR     51.460
BNP Paribas Emissions-   11.000   12/30/2019   EUR     49.470
UniCredit Bank AG         3.500   11/22/2019   EUR     74.460
UniCredit Bank AG         8.100   12/29/2020   EUR     57.060
UniCredit Bank AG         5.400     1/3/2020   EUR      1.730
UniCredit Bank AG         7.300   12/29/2020   EUR     69.790
UniCredit Bank AG         9.800   12/29/2020   EUR     74.910
UniCredit Bank AG         4.450    7/23/2022   EUR     71.550
UniCredit Bank AG         5.350    7/28/2020   EUR     60.560
UniCredit Bank AG         3.350    6/14/2022   EUR     73.640
DekaBank Deutsche Giro    2.000    7/30/2021   EUR     68.880
BNP Paribas Emissions-    8.000   12/30/2019   EUR     67.500
BNP Paribas Emissions-    9.000   12/30/2019   EUR     65.030
BNP Paribas Emissions-    8.000   12/30/2019   EUR     66.520
BNP Paribas Emissions-    7.000   12/30/2019   EUR     71.100
BNP Paribas Emissions-    9.500   12/30/2019   EUR     75.000
BNP Paribas Emissions-   10.000   12/30/2019   EUR     75.120
Raiffeisen Schweiz Gen    5.300   11/23/2020   CHF     60.820
Landesbank Baden-Wuert    4.450    8/28/2020   EUR     56.160
Bank Julius Baer & Co     6.000    5/11/2020   CHF     72.150
Bank Julius Baer & Co     7.700   11/11/2019   EUR     69.850
Vontobel Financial Pro    9.000     6/5/2020   EUR     59.950
DekaBank Deutsche Giro    2.150    8/28/2020   EUR     71.560
Deutsche Bank AG          4.200   12/22/2020   EUR     68.400
Deutsche Bank AG          4.200    6/23/2020   EUR     73.600
UniCredit Bank AG         4.000    6/11/2020   EUR     52.920
HSBC Trinkaus & Burkha    5.070   11/22/2019   EUR     72.180
Deutsche Bank AG          4.200   12/24/2019   EUR     69.100
Landesbank Hessen-Thue    3.500   12/18/2019   EUR     67.000
UniCredit Bank AG         8.300   12/29/2020   EUR     75.290
UniCredit Bank AG         9.600   12/29/2020   EUR     70.270
UniCredit Bank AG         6.900   12/29/2020   EUR     58.780
UniCredit Bank AG         7.700   12/29/2020   EUR     70.820
UniCredit Bank AG        10.000   12/29/2020   EUR     55.270
UniCredit Bank AG         6.600   12/29/2020   EUR     56.610
UniCredit Bank AG        10.500   12/29/2020   EUR     46.230
UniCredit Bank AG         7.000   12/29/2020   EUR     45.740
UniCredit Bank AG         9.400   12/29/2020   EUR     65.900
UniCredit Bank AG         9.200   12/29/2020   EUR     47.500
UniCredit Bank AG         8.500   12/29/2020   EUR     62.280
UniCredit Bank AG         7.500   12/29/2020   EUR     68.790
UniCredit Bank AG        12.000   12/29/2020   EUR     33.790
UniCredit Bank AG         7.800   12/29/2020   EUR     63.780
UniCredit Bank AG        10.600   12/29/2020   EUR     63.410
Credit Suisse AG/Nassa    7.200     7/5/2021   CHF     66.810
UniCredit Bank AG         4.200    7/26/2022   EUR     67.540
UniCredit Bank AG         3.650    7/23/2022   EUR     72.900
BNP Paribas Emissions-    9.500   12/30/2019   EUR     74.080
BNP Paribas Emissions-    4.000   12/30/2019   EUR     62.860
Landesbank Baden-Wuert    4.150    2/28/2020   EUR     62.640
Leonteq Securities AG/    5.600    5/25/2021   CHF     58.670
UniCredit Bank AG         4.000     6/7/2022   EUR     53.120
Landesbank Baden-Wuert    4.650    3/27/2020   EUR     63.580
Deutsche Bank AG          4.200    9/22/2020   EUR     67.600
Deutsche Bank AG          4.200   12/22/2020   EUR     74.200
Deutsche Bank AG          4.200    3/24/2020   EUR     75.300
Deutsche Bank AG          4.200    3/24/2020   EUR     70.000
UBS AG/London             7.000   11/18/2019   CHF     56.150
UBS AG/London             5.500   11/18/2019   CHF     69.850
HSBC Trinkaus & Burkha   12.600    3/27/2020   EUR     67.180
UniCredit Bank AG        11.400     1/3/2020   EUR     49.510
UniCredit Bank AG         9.600     1/3/2020   EUR     64.130
UniCredit Bank AG         8.400   12/29/2020   EUR     70.130
UniCredit Bank AG         9.200   12/29/2020   EUR     74.800
UniCredit Bank AG         7.500   12/29/2020   EUR     71.600
UniCredit Bank AG         8.500   12/29/2020   EUR     56.140
UniCredit Bank AG         6.100   12/29/2020   EUR     59.660
UniCredit Bank AG         9.800   12/29/2020   EUR     54.090
UniCredit Bank AG         7.200   12/29/2020   EUR     72.090
UniCredit Bank AG         6.800   12/29/2020   EUR     58.330
UniCredit Bank AG         9.400   12/29/2020   EUR     64.350
UniCredit Bank AG         6.300   12/29/2020   EUR     71.160
UniCredit Bank AG         7.300   12/29/2020   EUR     68.330
UniCredit Bank AG         9.800   12/29/2020   EUR     66.130
UniCredit Bank AG         8.700   12/29/2020   EUR     68.980
UniCredit Bank AG         8.700   12/29/2020   EUR     68.740
UniCredit Bank AG         8.100   12/29/2020   EUR     66.920
HSBC Trinkaus & Burkha    5.800    3/27/2020   EUR     68.110
HSBC Trinkaus & Burkha   11.300    9/25/2020   EUR     60.250
UniCredit Bank AG         8.400   12/29/2020   EUR     74.570
UniCredit Bank AG         3.750    8/23/2021   EUR     61.270
UniCredit Bank AG         8.400   12/29/2020   EUR     30.240
UniCredit Bank AG         7.300   12/29/2020   EUR     55.720
UniCredit Bank AG         6.600   12/29/2020   EUR     57.510
UniCredit Bank AG         8.300   12/29/2020   EUR     54.530
UniCredit Bank AG         9.300   12/29/2020   EUR     60.360
UniCredit Bank AG         8.400   12/29/2020   EUR     61.980
UniCredit Bank AG         8.000   12/29/2020   EUR     44.860
UniCredit Bank AG         6.400   12/29/2020   EUR     60.060
UniCredit Bank AG         8.300   12/29/2020   EUR     67.260
UniCredit Bank AG        13.900   12/29/2020   EUR     32.780
UniCredit Bank AG         8.700   12/29/2020   EUR     41.830
UniCredit Bank AG         8.400   12/29/2020   EUR     56.250
UniCredit Bank AG        10.800   12/29/2020   EUR     59.560
UniCredit Bank AG         8.100   12/29/2020   EUR     62.520
BNP Paribas Emissions-    7.000   12/30/2019   EUR     68.300
UniCredit Bank AG        11.000   11/22/2019   EUR     68.290
UniCredit Bank AG         5.100   11/22/2019   EUR     72.220
UniCredit Bank AG         3.800   11/22/2019   EUR     65.700
Deutsche Bank AG          4.200    9/22/2020   EUR     73.700
Deutsche Bank AG          4.200    6/23/2020   EUR     66.000
Deutsche Bank AG          4.200    9/22/2020   EUR     60.900
Deutsche Bank AG          4.200   12/22/2020   EUR     66.500
Commerzbank AG           10.250   12/31/2019   EUR     70.370
UBS AG/London            10.250    6/15/2020   CHF     57.850
UBS AG/London             5.750   12/13/2019   EUR     63.750
UBS AG/London             6.500   12/13/2019   CHF     56.400
Credit Suisse AG/Londo    7.000   12/23/2019   EUR     59.870
EFG International Fina    8.400     1/3/2020   CHF     27.960
Raiffeisen Centrobank     6.000    7/21/2020   EUR     57.160
BNP Paribas Emissions-    8.500   12/30/2019   EUR     65.780
BNP Paribas Emissions-   15.000   12/30/2019   EUR     66.860
BNP Paribas Emissions-    8.500   12/30/2019   EUR     69.580
BNP Paribas Emissions-   11.000   12/30/2019   EUR     70.000
BNP Paribas Emissions-    7.000   12/30/2019   EUR     67.970
BNP Paribas Emissions-    9.500   12/30/2019   EUR     69.860
BNP Paribas Emissions-    8.000   12/30/2019   EUR     56.090
BNP Paribas Emissions-   18.000   12/30/2019   EUR     57.750
BNP Paribas Emissions-    9.500   12/30/2019   EUR     74.170
BNP Paribas Emissions-    4.500   12/30/2019   EUR     71.810
BNP Paribas Emissions-    6.500   12/30/2019   EUR     72.140
BNP Paribas Emissions-    5.000   12/30/2019   EUR     71.140
BNP Paribas Emissions-   16.000   12/30/2019   EUR     66.290
BNP Paribas Emissions-   19.000   12/30/2019   EUR     65.030
EFG International Fina   15.000   11/25/2019   USD     65.970
Raiffeisen Schweiz Gen    6.000     1/6/2020   CHF     55.230
Raiffeisen Schweiz Gen    5.000   12/22/2020   CHF     70.010
BNP Paribas Emissions-    6.500   12/30/2019   EUR     69.250
BNP Paribas Emissions-   19.000   12/30/2019   EUR     71.320
BNP Paribas Emissions-    9.500   12/30/2019   EUR     59.210
BNP Paribas Emissions-   20.000   12/30/2019   EUR     64.140
BNP Paribas Emissions-    4.500   12/30/2019   EUR     58.380
BNP Paribas Emissions-    5.500   12/30/2019   EUR     73.510
BNP Paribas Emissions-   16.000   12/30/2019   EUR     72.970
BNP Paribas Emissions-   20.000   12/30/2019   EUR     73.640
BNP Paribas Emissions-   20.000   12/30/2019   EUR     70.130
Corner Banca SA           8.000    5/25/2021   CHF     67.740
Leonteq Securities AG     5.200   12/22/2020   CHF     59.530
Raiffeisen Schweiz Gen    6.100    6/22/2020   CHF     71.410
Raiffeisen Schweiz Gen    6.300     1/6/2020   CHF     56.130
BNP Paribas Emissions-    3.500   12/30/2019   EUR     64.720
BNP Paribas Emissions-    3.500   12/30/2019   EUR     70.960
BNP Paribas Emissions-   20.000   12/30/2019   EUR     66.960
BNP Paribas Emissions-    4.500   12/30/2019   EUR     62.620
BNP Paribas Emissions-   18.000   12/30/2019   EUR     74.660
UBS AG/London            10.500    4/20/2020   EUR     60.150
Vontobel Financial Pro    4.400    12/2/2019   EUR     59.720
UBS AG/London             6.250    4/20/2020   CHF     56.600
UBS AG/London             6.500   11/11/2019   CHF     73.950
UniCredit Bank AG         5.000    6/11/2021   EUR     62.250
Vontobel Financial Pro    8.300    6/19/2020   CHF     64.830
Raiffeisen Schweiz Gen    5.750    5/18/2020   CHF     59.930
Bank Julius Baer & Co    10.500   11/12/2019   USD     67.600
Citigroup Global Marke    7.200    5/24/2023   SEK     39.100
Landesbank Baden-Wuert    3.500    8/28/2020   EUR     69.320
EFG International Fina   11.400    6/28/2021   USD     69.530
UBS AG/London            11.000   12/20/2019   CHF     54.850
Landesbank Hessen-Thue    4.000    6/22/2022   EUR     66.540
Credit Suisse AG/Nassa    8.000   11/22/2019   EUR     66.250
Raiffeisen Centrobank     5.300    7/21/2020   EUR     64.190
UniCredit Bank AG         5.000    7/24/2021   EUR     72.420
UBS AG/London             6.250   11/11/2019   EUR     47.300
UBS AG/London             6.000   11/11/2019   CHF     64.700
UBS AG/London             6.000   11/11/2019   CHF     67.200
UniCredit Bank AG         5.400     6/4/2021   EUR     67.330
Landesbank Hessen-Thue    4.000    7/20/2022   EUR     68.650
BNP Paribas Emissions-   12.000   12/30/2019   EUR     62.810
Bayerische Landesbank     2.300   11/26/2021   EUR     74.130
DekaBank Deutsche Giro    3.000    1/18/2021   EUR     70.470
Raiffeisen Schweiz Gen    8.000   11/22/2019   EUR     59.320
Raiffeisen Schweiz Gen    6.500    5/18/2020   CHF     24.890
Corner Banca SA          11.200     1/3/2020   CHF     60.200
Landesbank Hessen-Thue    5.650    7/20/2023   EUR     68.760
UBS AG/London             6.250    6/21/2021   CHF     62.200
UBS AG/London            10.000   12/20/2019   EUR     66.400
Bayerische Landesbank     2.300    8/28/2020   EUR     73.750
Leonteq Securities AG/    5.500    5/25/2021   CHF     63.830
Leonteq Securities AG     7.800    5/14/2021   CHF     34.070
Leonteq Securities AG     6.800    5/11/2021   EUR     71.660
HSBC Trinkaus & Burkha    4.680   11/22/2019   EUR     43.480
Landesbank Hessen-Thue    3.000   12/18/2019   EUR     74.900
UniCredit Bank AG         7.700   12/29/2020   EUR     62.430
UniCredit Bank AG        12.100     1/3/2020   EUR     25.270
UniCredit Bank AG        11.800     1/3/2020   EUR     59.560
UniCredit Bank AG        10.200     1/3/2020   EUR     61.920
HSBC Trinkaus & Burkha    8.100    9/25/2020   EUR     64.380
HSBC Trinkaus & Burkha    6.100    9/25/2020   EUR     68.140
UniCredit Bank AG         7.400     1/3/2020   EUR     45.290
UniCredit Bank AG        12.900     1/3/2020   EUR     57.850
UniCredit Bank AG         9.300   12/29/2020   EUR     67.390
HSBC Trinkaus & Burkha    8.500    3/27/2020   EUR     62.950
UniCredit Bank AG         7.300   12/29/2020   EUR     73.760
UniCredit Bank AG        10.200   12/29/2020   EUR     73.120
UniCredit Bank AG         9.200   12/29/2020   EUR     69.980
UniCredit Bank AG         8.000     1/3/2020   EUR     67.140
HSBC Trinkaus & Burkha    9.500    7/24/2020   EUR     62.170
UniCredit Bank AG         6.600   12/29/2020   EUR     53.860
UniCredit Bank AG         8.700   12/29/2020   EUR     10.820
UniCredit Bank AG         8.800   12/29/2020   EUR     54.130
UniCredit Bank AG        11.000   12/29/2020   EUR     72.160
UniCredit Bank AG         8.400   12/29/2020   EUR     51.940
UniCredit Bank AG         8.100   12/29/2020   EUR     66.620
UniCredit Bank AG         9.300   12/29/2020   EUR     55.970
HSBC Trinkaus & Burkha   10.200    9/25/2020   EUR     61.430
HSBC Trinkaus & Burkha    6.100    6/26/2020   EUR     68.050
UniCredit Bank AG         6.700   12/29/2020   EUR     46.010
UniCredit Bank AG         5.300     1/3/2020   EUR     67.420
Raiffeisen Schweiz Gen    6.000    6/29/2020   CHF     75.140
Raiffeisen Schweiz Gen    5.700   12/29/2020   EUR     69.750
UniCredit Bank AG         6.200   12/29/2020   EUR     61.900
UniCredit Bank AG         8.200   12/29/2020   EUR     61.460
UniCredit Bank AG         6.200   12/29/2020   EUR     72.680
UniCredit Bank AG         8.800   12/29/2020   EUR     67.570
HSBC Trinkaus & Burkha    8.400    6/26/2020   EUR     63.700
UniCredit Bank AG         6.700   12/29/2020   EUR     71.250
UniCredit Bank AG        11.800   12/29/2020   EUR     50.340
UniCredit Bank AG         9.500   12/29/2020   EUR     53.170
UniCredit Bank AG        11.500   12/29/2020   EUR     71.190
UniCredit Bank AG         7.600   12/29/2020   EUR     44.720
UniCredit Bank AG         8.100   12/29/2020   EUR     73.220
UniCredit Bank AG         9.200   12/29/2020   EUR     64.600
UniCredit Bank AG         8.100   12/29/2020   EUR     53.980
UniCredit Bank AG         6.600   12/29/2020   EUR     56.020
UniCredit Bank AG         8.900   12/29/2020   EUR     30.150
UniCredit Bank AG         8.500   12/29/2020   EUR     72.780
UniCredit Bank AG         7.600   12/29/2020   EUR     43.150
UniCredit Bank AG         9.400   12/29/2020   EUR     70.730
UniCredit Bank AG         8.000   12/29/2020   EUR     72.820
UniCredit Bank AG         9.200   12/29/2020   EUR     61.230
UniCredit Bank AG         8.900   12/29/2020   EUR     61.210
BNP Paribas Emissions-   19.000   12/30/2019   EUR     67.520
BNP Paribas Emissions-    5.000   12/30/2019   EUR     67.640
BNP Paribas Emissions-   12.000   12/30/2019   EUR     68.800
BNP Paribas Emissions-   17.000   12/30/2019   EUR     71.110
BNP Paribas Emissions-    4.000   12/30/2019   EUR     55.420
BNP Paribas Emissions-   14.000   12/30/2019   EUR     57.090
BNP Paribas Emissions-    9.000   12/30/2019   EUR     65.130
BNP Paribas Emissions-    6.500   12/30/2019   EUR     62.950
Societe Generale SA       9.000    6/18/2020   USD     69.750
UniCredit Bank AG         4.200    8/24/2022   EUR     74.190
Leonteq Securities AG    12.000   10/30/2019   EUR     65.970
Leonteq Securities AG     7.200     2/2/2021   EUR     65.980
DekaBank Deutsche Giro    3.100    8/21/2020   EUR     72.250
DekaBank Deutsche Giro    4.000    8/21/2020   EUR     63.960
BNP Paribas Emissions-    3.000   12/30/2019   EUR     73.780
BNP Paribas Emissions-    3.000   12/30/2019   EUR     70.880
Landesbank Baden-Wuert    2.300    8/27/2021   EUR     69.100
Deutsche Bank AG          4.200   12/24/2019   EUR     69.660
Deutsche Bank AG          4.200   12/24/2019   EUR     67.790
Deutsche Bank AG          4.200   12/24/2019   EUR     66.020
Deutsche Bank AG          4.200   12/24/2019   EUR     69.200
Deutsche Bank AG          4.200   12/24/2019   EUR     69.000
Deutsche Bank AG          9.000   12/24/2019   EUR     68.000
Deutsche Bank AG          9.000   12/24/2019   EUR     63.550
Deutsche Bank AG          6.200   12/24/2019   EUR     75.100
Deutsche Bank AG          4.200   12/24/2019   EUR     65.500
Deutsche Bank AG          9.000   12/24/2019   EUR     68.280
Deutsche Bank AG          9.000   12/24/2019   EUR     71.200
Deutsche Bank AG          4.200   12/24/2019   EUR     68.700
Bank Julius Baer & Co     5.800    1/27/2020   CHF     71.750
Credit Suisse AG/Nassa    8.250    11/4/2019   EUR     70.410
Raiffeisen Schweiz Gen    6.300     2/3/2020   CHF     72.000
Leonteq Securities AG    15.000    5/15/2020   CHF     53.650
UBS AG/London             9.000    7/20/2020   CHF     75.000
UBS AG/London            10.000    7/20/2020   EUR     71.300
UBS AG/London             8.000    7/20/2020   EUR     64.050
Vontobel Financial Pro    9.000     1/3/2020   EUR     63.590
Vontobel Financial Pro   10.500     1/3/2020   EUR     61.160
Vontobel Financial Pro    6.500     1/3/2020   EUR     43.470
Vontobel Financial Pro    9.500     1/3/2020   EUR     70.560
Vontobel Financial Pro   10.500     1/3/2020   EUR     69.270
Vontobel Financial Pro   11.500     1/3/2020   EUR     67.720
Vontobel Financial Pro    3.500     1/3/2020   EUR     63.320
Vontobel Financial Pro   11.000   10/29/2019   EUR     68.520
Vontobel Financial Pro   10.500   12/31/2019   EUR     56.330
Goldman Sachs & Co Wer    8.000    6/24/2020   EUR     64.060
Leonteq Securities AG    13.200     1/8/2020   CHF     64.610
Vontobel Financial Pro   11.500     1/3/2020   EUR     75.100
Vontobel Financial Pro    7.500     1/3/2020   EUR     41.530
Vontobel Financial Pro    8.500     1/3/2020   EUR     74.880
Vontobel Financial Pro   12.000     1/3/2020   EUR     67.560
Vontobel Financial Pro    8.000     1/3/2020   EUR     55.180
Bayerische Landesbank     2.400   11/13/2020   EUR     69.520
Vontobel Financial Pro    6.500   12/31/2019   EUR     55.650
Vontobel Financial Pro    7.500   12/31/2019   EUR     55.820
Vontobel Financial Pro    9.000   12/31/2019   EUR     56.080
DZ Bank AG Deutsche Ze    7.500   12/27/2019   EUR     66.340
Vontobel Financial Pro   11.000   12/31/2019   EUR     56.420
UniCredit Bank AG         4.700   12/19/2021   EUR     63.610
UniCredit Bank AG         5.900   12/19/2020   EUR     65.750
EFG International Fina    7.000    5/23/2022   EUR     71.520
Leonteq Securities AG    10.200     1/8/2020   CHF     71.180
Vontobel Financial Pro    9.000     1/3/2020   EUR     39.880
Vontobel Financial Pro   11.500     1/3/2020   EUR     51.870
Vontobel Financial Pro   12.500     1/3/2020   EUR     66.260
Vontobel Financial Pro   14.000     1/3/2020   EUR     48.990
Vontobel Financial Pro    4.500     1/3/2020   EUR     64.220
Vontobel Financial Pro    5.500     1/3/2020   EUR     58.860
Vontobel Financial Pro    9.500     1/3/2020   EUR     70.910
Vontobel Financial Pro    8.500     1/3/2020   EUR     72.640
Vontobel Financial Pro    7.500     1/3/2020   EUR     74.480
Vontobel Financial Pro   10.500     1/3/2020   EUR     38.410
Vontobel Financial Pro   11.000     1/3/2020   EUR     52.130
Leonteq Securities AG     7.400    4/24/2020   USD     35.040
Vontobel Financial Pro    7.500     1/3/2020   EUR     66.280
Vontobel Financial Pro   12.500     1/3/2020   EUR     59.040
Vontobel Financial Pro   13.000     1/3/2020   EUR     71.730
Vontobel Financial Pro    7.500     1/3/2020   EUR     57.150
Credit Suisse AG/Londo    7.000     1/6/2020   CHF     69.820
Vontobel Financial Pro   15.500     1/3/2020   EUR     63.790
Vontobel Financial Pro    5.500     1/3/2020   EUR     45.640
Vontobel Financial Pro   10.500     1/3/2020   EUR     70.530
Vontobel Financial Pro    7.500    6/26/2020   EUR     74.560
Vontobel Financial Pro    9.000    6/26/2020   EUR     72.970
Vontobel Financial Pro   11.000    6/26/2020   EUR     71.870
Vontobel Financial Pro   13.000    6/26/2020   EUR     70.930
Vontobel Financial Pro    6.500    9/25/2020   EUR     75.230
Vontobel Financial Pro   10.000    9/25/2020   EUR     72.420
Vontobel Financial Pro   14.000    9/25/2020   EUR     70.930
DekaBank Deutsche Giro    2.000    9/18/2020   EUR     70.710
Leonteq Securities AG/    8.200     9/1/2020   CHF     73.360
Commerzbank AG            2.100    8/28/2020   EUR     66.100
UniCredit Bank AG         4.600    10/8/2022   EUR     67.380
UniCredit Bank AG         5.000    9/26/2021   EUR     50.840
Landesbank Baden-Wuert    2.650    2/28/2020   EUR     73.810
Landesbank Baden-Wuert    4.250    2/28/2020   EUR     64.060
Landesbank Baden-Wuert    2.550    2/28/2020   EUR     77.020
Leonteq Securities AG/    5.000     9/8/2020   CHF     40.450
Leonteq Securities AG/    6.200    3/11/2020   CHF     65.100
Landesbank Hessen-Thue    3.000     7/6/2021   EUR     60.300
DekaBank Deutsche Giro    3.650    3/27/2020   EUR     62.930
Landesbank Baden-Wuert    2.900   10/23/2020   EUR     66.260
Landesbank Hessen-Thue    7.000     1/9/2023   EUR     49.540
EFG International Fina    8.000     3/9/2020   USD     34.720
Landesbank Hessen-Thue    3.100    10/6/2020   EUR     65.700
Leonteq Securities AG     9.000    3/27/2020   USD     35.480
UniCredit Bank AG         4.050    3/26/2021   EUR     61.550
UniCredit Bank AG         5.550    3/26/2021   EUR     71.480
UniCredit Bank AG         4.400    3/26/2021   EUR     74.850
UniCredit Bank AG         4.600    3/26/2021   EUR     63.680
Deutsche Bank AG          7.200   12/24/2019   EUR     48.600
Deutsche Bank AG          7.200   12/24/2019   EUR     46.700
Deutsche Bank AG          7.200   12/24/2019   EUR     61.740
Deutsche Bank AG          7.200   12/24/2019   EUR     60.290
Deutsche Bank AG          7.200   12/24/2019   EUR     58.910
Deutsche Bank AG          7.200   12/24/2019   EUR     57.600
Deutsche Bank AG          7.200   12/24/2019   EUR     56.350
Deutsche Bank AG          7.200   12/24/2019   EUR     55.140
Vontobel Financial Pro    6.700     3/7/2022   EUR     72.310
Deutsche Bank AG          7.200   12/24/2019   EUR     60.920
Deutsche Bank AG          7.200   12/24/2019   EUR     64.610
Deutsche Bank AG          7.200   12/24/2019   EUR     62.170
Deutsche Bank AG          7.200   12/24/2019   EUR     59.910
Deutsche Bank AG          7.200   12/24/2019   EUR     67.780
Deutsche Bank AG          7.200   12/24/2019   EUR     64.650
Deutsche Bank AG          7.200   12/24/2019   EUR     61.780
Deutsche Bank AG          7.200   12/24/2019   EUR     48.100
Deutsche Bank AG          7.200   12/24/2019   EUR     46.500
Deutsche Bank AG          7.200   12/24/2019   EUR     43.700
UniCredit Bank AG         4.250    3/29/2021   EUR     64.200
UniCredit Bank AG         3.250    3/29/2022   EUR     29.100
UniCredit Bank AG         3.630    3/12/2020   EUR     64.700
UBS AG/London            11.500     3/9/2020   CHF     61.500
UBS AG/London            12.000     3/9/2020   CHF     46.300
UBS AG/London             9.750     3/9/2020   EUR     58.950
UBS AG/London            11.250     3/9/2020   EUR     60.550
UBS AG/London             8.500     3/9/2020   USD     45.300
Deutsche Bank AG          4.200   12/24/2019   EUR     48.100
Deutsche Bank AG          6.200   12/24/2019   EUR     48.500
Deutsche Bank AG          4.200   12/24/2019   EUR     46.200
Deutsche Bank AG          4.200   12/24/2019   EUR     44.300
Deutsche Bank AG          4.200   12/24/2019   EUR     42.700
Deutsche Bank AG          4.200   12/24/2019   EUR     62.750
Deutsche Bank AG          6.200   12/24/2019   EUR     63.080
Deutsche Bank AG          6.200   12/24/2019   EUR     60.120
Deutsche Bank AG          4.200   12/24/2019   EUR     59.790
Deutsche Bank AG          6.200   12/24/2019   EUR     57.430
Deutsche Bank AG          4.200   12/24/2019   EUR     57.100
Deutsche Bank AG          6.200   12/24/2019   EUR     54.970
Deutsche Bank AG          4.200   12/24/2019   EUR     54.650
Deutsche Bank AG          4.200   12/24/2019   EUR     75.880
Deutsche Bank AG          4.200   12/24/2019   EUR     46.000
Deutsche Bank AG          4.200   12/24/2019   EUR     43.200
Deutsche Bank AG          6.200   12/24/2019   EUR     43.500
Deutsche Bank AG          4.200   12/24/2019   EUR     67.280
Deutsche Bank AG          6.200   12/24/2019   EUR     67.610
Deutsche Bank AG          4.200   12/24/2019   EUR     64.150
Deutsche Bank AG          6.200   12/24/2019   EUR     64.480
Deutsche Bank AG          4.200   12/24/2019   EUR     61.280
Deutsche Bank AG          4.200   12/24/2019   EUR     74.800
Deutsche Bank AG          4.200   12/24/2019   EUR     73.000
Deutsche Bank AG          4.200   12/24/2019   EUR     70.400
Deutsche Bank AG          6.200   12/24/2019   EUR     68.400
Deutsche Bank AG          4.200   12/24/2019   EUR     68.100
Deutsche Bank AG          4.200   12/24/2019   EUR     64.110
Deutsche Bank AG          6.200   12/24/2019   EUR     64.440
Deutsche Bank AG          4.200   12/24/2019   EUR     73.070
Deutsche Bank AG          4.200   12/24/2019   EUR     70.730
Deutsche Bank AG          4.200   12/24/2019   EUR     67.490
Deutsche Bank AG          4.200   12/24/2019   EUR     64.530
Leonteq Securities AG/   10.000    3/16/2020   USD     54.440
Commerzbank AG            2.450     3/9/2020   EUR     52.200
DekaBank Deutsche Giro    4.250    4/14/2022   EUR     70.360
UBS AG/London            12.500    3/16/2020   CHF     44.650
UBS AG/London            10.250    3/16/2020   USD     67.300
UBS AG/London             7.500    3/16/2020   EUR     72.050
EFG International Fina    7.400    3/29/2021   EUR     63.710
Zurcher Kantonalbank F    7.150    3/19/2020   CHF     22.160
Leonteq Securities AG/    9.000    3/16/2020   CHF     56.090
Leonteq Securities AG/    6.800    3/16/2020   CHF     70.120
Raiffeisen Schweiz Gen    7.000    9/23/2020   EUR     66.120
Landesbank Hessen-Thue    2.750   10/23/2020   EUR     70.800
DekaBank Deutsche Giro    7.050    10/9/2020   EUR     51.130
DekaBank Deutsche Giro    6.300    10/9/2020   EUR     63.830
DekaBank Deutsche Giro    4.250    10/9/2020   EUR     58.050
Landesbank Hessen-Thue    4.000    4/20/2022   EUR     67.830
UBS AG/London            10.250    3/23/2020   EUR     55.000
DekaBank Deutsche Giro    2.300    4/16/2021   EUR     71.710
Societe Generale SA       7.000   10/20/2020   USD      0.190
Landesbank Hessen-Thue    3.350    8/13/2020   EUR     69.700
Landesbank Hessen-Thue    3.100    8/13/2020   EUR     67.700
EFG International Fina    5.500    9/21/2020   USD     43.410
Landesbank Hessen-Thue    6.000    10/6/2022   EUR     69.380
Landesbank Hessen-Thue    4.000   10/13/2021   EUR     68.820
Citigroup Global Marke    5.600    9/15/2022   SEK     70.790
Societe Generale SA      10.600    9/29/2022   USD     70.320
DekaBank Deutsche Giro    2.400    10/9/2020   EUR     58.930
DekaBank Deutsche Giro    2.900    10/9/2020   EUR     45.570
EFG International Fina    6.600    9/28/2020   EUR     65.200
DekaBank Deutsche Giro    2.000    10/9/2020   EUR     74.990
UniCredit Bank AG         5.400   10/30/2020   EUR     64.130
Landesbank Hessen-Thue    7.700    1/20/2023   EUR     70.220
Landesbank Baden-Wuert    2.350    6/26/2020   EUR     74.110
Landesbank Baden-Wuert    3.700    6/26/2020   EUR     69.950
EFG International Fina    7.200    10/5/2020   USD     44.770
DekaBank Deutsche Giro    2.000   10/16/2020   EUR     54.900
Leonteq Securities AG/    7.000    9/29/2020   CHF     65.660
Leonteq Securities AG/    6.000     4/2/2020   CHF     70.450
Landesbank Hessen-Thue    2.250    7/13/2020   EUR     40.400
Getin Noble Bank SA       6.790   12/21/2023   PLN     72.300
Vontobel Financial Pro   24.000     1/3/2020   EUR     72.010
Commerzbank AG           10.500   12/31/2019   EUR     63.660
Commerzbank AG           12.500   12/31/2019   EUR     60.840
Commerzbank AG           14.500   12/31/2019   EUR     58.480
Commerzbank AG            6.500   12/31/2019   EUR     72.320
UniCredit Bank AG        11.000   12/29/2020   EUR     61.300
Bank Julius Baer & Co     9.650    1/17/2020   USD     46.350
Bank Julius Baer & Co     9.100    1/17/2020   EUR     74.100
HSBC Trinkaus & Burkha   15.300   12/27/2019   EUR     38.640
HSBC Trinkaus & Burkha   13.500    3/27/2020   EUR     41.290
HSBC Trinkaus & Burkha   11.300    3/27/2020   EUR     42.750
HSBC Trinkaus & Burkha   13.000    6/26/2020   EUR     43.840
HSBC Trinkaus & Burkha   11.200    6/26/2020   EUR     44.980
HSBC Trinkaus & Burkha   10.500   11/22/2019   EUR     42.500
HSBC Trinkaus & Burkha    9.500    2/28/2020   EUR     44.100
HSBC Trinkaus & Burkha    7.900    3/27/2020   EUR     71.130
HSBC Trinkaus & Burkha    9.200   12/27/2019   EUR     70.390
BNP Paribas Emissions-   15.000    3/26/2020   EUR     73.360
BNP Paribas Emissions-    8.000    9/24/2020   EUR     71.770
Commerzbank AG           14.750   12/31/2019   EUR     70.610
Vontobel Financial Pro    5.500     1/3/2020   EUR     59.282
Vontobel Financial Pro    8.000    3/27/2020   EUR     61.530
Credit Suisse AG/Nassa    8.000   10/31/2019   EUR     68.630
BNP Paribas Emissions-    5.000   12/30/2019   EUR     68.340
DekaBank Deutsche Giro    3.150    8/21/2020   EUR     71.940
Bank Julius Baer & Co    10.100    2/14/2020   USD     63.700
Deutsche Bank AG          4.200   12/24/2019   EUR     73.400
Deutsche Bank AG          4.200   12/24/2019   EUR     68.900
Deutsche Bank AG          4.200   12/24/2019   EUR     71.630
Deutsche Bank AG          4.200   12/24/2019   EUR     64.350
Deutsche Bank AG          9.000   12/24/2019   EUR     63.300
Deutsche Bank AG          9.000   12/24/2019   EUR     62.080
Deutsche Bank AG          4.200   12/24/2019   EUR     69.600
Deutsche Bank AG          4.200   12/24/2019   EUR     72.400
Deutsche Bank AG          4.200   12/24/2019   EUR     34.200
Deutsche Bank AG          4.200   12/24/2019   EUR     31.600
Deutsche Bank AG          4.200   12/24/2019   EUR     30.000
Deutsche Bank AG          9.000   12/24/2019   EUR     65.700
Deutsche Bank AG          9.000   12/24/2019   EUR     63.600
Deutsche Bank AG          4.200   12/24/2019   EUR     47.500
Deutsche Bank AG          4.200   12/24/2019   EUR     43.800
Deutsche Bank AG          9.000   12/24/2019   EUR     74.590
Deutsche Bank AG          4.200   12/24/2019   EUR     65.500
Leonteq Securities AG/    5.600     8/6/2020   CHF     71.290
Raiffeisen Schweiz Gen    5.800     8/3/2020   EUR     61.380
Leonteq Securities AG/    7.800    2/16/2021   USD     68.380
Leonteq Securities AG/    4.900    2/16/2021   CHF     65.950
UBS AG/London             8.000    7/20/2020   CHF     61.800
UBS AG/London             9.750    7/20/2020   EUR     69.500
Credit Suisse AG/Nassa    5.000     2/6/2020   CHF     59.840
DekaBank Deutsche Giro    8.150    2/26/2021   EUR     65.570
Leonteq Securities AG/   10.000     2/3/2020   USD     57.040
Landesbank Hessen-Thue    2.750    8/31/2020   EUR     61.400
Leonteq Securities AG     6.200     8/6/2020   CHF     62.160
Leonteq Securities AG    16.000    11/6/2019   CHF     73.730
Leonteq Securities AG    10.800    11/6/2019   CHF     66.630
Leonteq Securities AG     7.000     8/3/2020   EUR     71.690
Leonteq Securities AG/    9.200    11/6/2019   USD     49.430
Goldman Sachs & Co Wer   10.000   12/27/2019   EUR     75.460
Goldman Sachs & Co Wer   14.000   12/27/2019   EUR     67.120
Goldman Sachs & Co Wer   16.000   12/27/2019   EUR     64.910
Goldman Sachs & Co Wer   10.000    3/25/2020   EUR     74.600
Goldman Sachs & Co Wer   14.000    3/25/2020   EUR     68.070
Goldman Sachs & Co Wer   13.000    6/24/2020   EUR     68.850
Goldman Sachs & Co Wer   15.000   12/27/2019   EUR     74.700
Goldman Sachs & Co Wer   14.000   12/27/2019   EUR     72.670
Goldman Sachs & Co Wer   12.000    3/25/2020   EUR     75.370
Credit Suisse AG/Nassa    8.000    11/7/2019   CHF     59.730
Leonteq Securities AG    13.200   10/30/2019   USD     48.200
Leonteq Securities AG     7.800    1/30/2020   CHF     47.600
Leonteq Securities AG    11.200   10/30/2019   CHF     47.770
Leonteq Securities AG    10.000   10/30/2019   CHF     47.470
Araratbank OJSC           5.250    9/11/2022   USD     24.927
HSBC Trinkaus & Burkha    7.100   11/22/2019   EUR     30.520
HSBC Trinkaus & Burkha    4.800   11/22/2019   EUR     65.250
HSBC Trinkaus & Burkha    2.700   12/27/2019   EUR     74.250
HSBC Trinkaus & Burkha    4.700   11/22/2019   EUR     67.230
HSBC Trinkaus & Burkha    2.600   11/22/2019   EUR     74.470
HSBC Trinkaus & Burkha    6.700   11/22/2019   EUR     73.350
HSBC Trinkaus & Burkha    3.300   12/27/2019   EUR     73.750
HSBC Trinkaus & Burkha    3.300   11/22/2019   EUR     73.440
HSBC Trinkaus & Burkha    5.300   11/22/2019   EUR     71.380
HSBC Trinkaus & Burkha    5.300   12/27/2019   EUR     68.220
HSBC Trinkaus & Burkha    5.400   11/22/2019   EUR     67.830
HSBC Trinkaus & Burkha    3.300   11/22/2019   EUR     72.880
HSBC Trinkaus & Burkha    7.900   11/22/2019   EUR     68.840
Landesbank Hessen-Thue    4.000    8/31/2022   EUR     73.950
Credit Suisse AG/Nassa    8.250    11/7/2019   EUR     69.280
Credit Suisse AG/Nassa    7.000    11/8/2019   CHF     73.120
Landesbank Hessen-Thue    1.950     9/3/2021   EUR     61.490
Goldman Sachs & Co Wer   12.000    6/24/2020   EUR     58.600
Goldman Sachs & Co Wer    5.000   12/27/2019   EUR     73.720
Goldman Sachs & Co Wer    6.000   12/27/2019   EUR     69.650
Goldman Sachs & Co Wer    7.000   12/27/2019   EUR     66.030
Goldman Sachs & Co Wer    9.000   12/27/2019   EUR     62.950
Goldman Sachs & Co Wer   14.000   12/27/2019   EUR     57.920
Goldman Sachs & Co Wer   16.000   12/27/2019   EUR     55.720
Goldman Sachs & Co Wer   10.000   12/27/2019   EUR     60.860
Goldman Sachs & Co Wer    4.000    3/25/2020   EUR     74.750
Goldman Sachs & Co Wer    5.000    3/25/2020   EUR     71.170
Goldman Sachs & Co Wer    6.000    3/25/2020   EUR     67.970
Goldman Sachs & Co Wer    7.000    3/25/2020   EUR     65.120
Goldman Sachs & Co Wer   10.000    3/25/2020   EUR     60.710
Goldman Sachs & Co Wer   13.000    3/25/2020   EUR     57.230
Goldman Sachs & Co Wer    4.000    6/24/2020   EUR     73.800
Goldman Sachs & Co Wer    5.000    6/24/2020   EUR     70.650
Goldman Sachs & Co Wer    6.000    6/24/2020   EUR     67.850
Goldman Sachs & Co Wer    7.000    6/24/2020   EUR     65.360
Goldman Sachs & Co Wer   10.000    6/24/2020   EUR     61.860
Goldman Sachs & Co Wer    5.000    3/25/2020   EUR     72.070
Goldman Sachs & Co Wer    6.000    3/25/2020   EUR     68.550
Goldman Sachs & Co Wer    8.000    3/25/2020   EUR     65.810
Goldman Sachs & Co Wer    9.000    3/25/2020   EUR     62.990
Goldman Sachs & Co Wer   15.000    3/25/2020   EUR     57.440
Goldman Sachs & Co Wer    5.000    6/24/2020   EUR     72.950
Goldman Sachs & Co Wer    6.000    6/24/2020   EUR     69.890
Goldman Sachs & Co Wer    7.000    6/24/2020   EUR     67.120
Goldman Sachs & Co Wer    8.000    6/24/2020   EUR     64.640
Goldman Sachs & Co Wer   10.000    6/24/2020   EUR     63.090
Goldman Sachs & Co Wer    4.000   12/27/2019   EUR     73.810
Goldman Sachs & Co Wer    5.000   12/27/2019   EUR     69.910
Goldman Sachs & Co Wer    7.000   12/27/2019   EUR     66.610
Goldman Sachs & Co Wer    8.000   12/27/2019   EUR     63.500
Leonteq Securities AG    14.800   10/30/2019   USD     48.340
Leonteq Securities AG/   11.000    1/30/2020   USD     48.400
Societe Generale SA       8.000    7/28/2020   USD     51.150
DekaBank Deutsche Giro    5.500    2/26/2021   EUR     71.190
Bank Julius Baer & Co     6.700    11/7/2019   CHF     50.300
Bank Julius Baer & Co     7.300    11/7/2019   CHF     65.900
Credit Suisse AG/Nassa    8.000    11/8/2019   CHF     71.290
Raiffeisen Centrobank     9.511   12/27/2019   EUR     72.210
Raiffeisen Centrobank     8.454   12/27/2019   EUR     73.800
Raiffeisen Centrobank    13.033   12/27/2019   EUR     71.860
Raiffeisen Centrobank    12.681   12/27/2019   EUR     73.840
Raiffeisen Centrobank    14.442   12/27/2019   EUR     73.790
Raiffeisen Centrobank    11.272   12/27/2019   EUR     74.640
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     55.310
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     49.340
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     72.780
Landesbank Baden-Wuert    7.000    1/24/2020   EUR     69.790
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     75.790
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     71.750
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     69.260
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     74.350
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     70.200
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     66.530
Landesbank Baden-Wuert    5.500    1/24/2020   EUR     64.110
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     71.070
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     65.180
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     73.130
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     69.930
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     67.030
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     72.090
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     68.600
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     54.190
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     35.240
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     32.800
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     29.850
Landesbank Baden-Wuert    5.500    1/24/2020   EUR     70.680
Landesbank Baden-Wuert    4.000    2/28/2020   EUR     70.250
Landesbank Baden-Wuert    5.500    2/28/2020   EUR     67.530
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     74.220
Landesbank Baden-Wuert    2.500    1/24/2020   EUR     55.830
Landesbank Baden-Wuert    3.500    1/24/2020   EUR     53.000
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     51.150
DekaBank Deutsche Giro    2.400    8/21/2020   EUR     61.370
Credit Suisse AG/Nassa    7.000    2/10/2020   CHF     74.400
Landesbank Hessen-Thue    6.100    12/4/2023   EUR     62.810
DZ Bank AG Deutsche Ze    5.100   12/31/2019   EUR     33.330
DekaBank Deutsche Giro    5.000    2/28/2020   EUR     57.040
Leonteq Securities AG/    6.200    2/10/2021   CHF     66.180
UBS AG/London             9.500     2/3/2020   CHF     68.550
UBS AG/London             7.000     2/3/2020   CHF     67.500
UBS AG/London             5.750     2/3/2020   CHF     58.400
UBS AG/London            10.000     8/3/2020   CHF     72.100
UBS AG/London             5.000     2/2/2021   CHF     70.000
UBS AG/London             6.000     8/3/2020   CHF     75.450
UBS AG/London             6.000     8/3/2020   CHF     38.950
UBS AG/London             9.000     8/3/2020   EUR     74.550
EFG International Fina    6.000     8/3/2020   USD     41.820
DZ Bank AG Deutsche Ze   13.750   12/27/2019   EUR     65.150
EFG International Fina    6.600     8/3/2020   EUR     65.880
UniCredit Bank AG         3.600    8/23/2021   EUR     63.760
Leonteq Securities AG/    5.200    7/28/2020   CHF     63.120
Landesbank Baden-Wuert    2.800    1/24/2020   EUR     71.710
Leonteq Securities AG/    6.600    6/30/2020   CHF     72.500
Leonteq Securities AG/    5.400    6/30/2020   CHF     58.100
Landesbank Baden-Wuert    3.050    7/24/2020   EUR     64.450
Credit Suisse AG/Londo    8.000     4/6/2022   USD      9.970
Leonteq Securities AG/    7.000    7/14/2020   CHF     69.850
Raiffeisen Schweiz Gen    7.410    7/13/2020   CHF     69.100
Landesbank Hessen-Thue    5.000    8/11/2021   EUR     63.660
Landesbank Hessen-Thue    4.000    8/18/2021   EUR     42.880
Raiffeisen Schweiz Gen    7.500    7/27/2020   CHF     60.070
Raiffeisen Schweiz Gen    6.500    1/30/2020   CHF     66.680
Credit Suisse AG/Nassa    7.250    7/30/2020   EUR     72.700
Commerzbank AG            7.000   12/31/2019   EUR     67.640
Zurcher Kantonalbank F    5.500    1/23/2020   EUR     66.360
Leonteq Securities AG/   10.000    7/27/2020   CHF     60.290
Landesbank Hessen-Thue    6.000     8/4/2022   EUR     63.590
UniCredit Bank AG         4.300    8/29/2020   EUR     68.940
UniCredit Bank AG         5.200    1/14/2021   USD     62.270
UBS AG/London             5.250     6/1/2020   USD     70.850
UBS AG/London            11.000   11/29/2019   CHF     74.250
Vontobel Financial Pro    7.000   12/27/2019   EUR     44.920
Commerzbank AG            3.100   11/25/2019   USD     48.340
Leonteq Securities AG/   10.000   12/11/2019   CHF     24.290
UniCredit Bank AG         5.500     1/4/2020   EUR     43.710
UBS AG/London            11.000    1/10/2020   EUR     42.400
Vontobel Financial Pro    6.000     1/3/2020   EUR     73.960
Vontobel Financial Pro   11.000     1/3/2020   EUR     65.000
Vontobel Financial Pro    5.500     1/3/2020   EUR     74.640
Vontobel Financial Pro   12.000     1/3/2020   EUR     62.780
Vontobel Financial Pro    8.500     1/3/2020   EUR     68.090
Vontobel Financial Pro    7.000     1/3/2020   EUR     71.220
Vontobel Financial Pro   10.000     1/3/2020   EUR     65.260
Vontobel Financial Pro    3.500     1/3/2020   EUR     70.790
Vontobel Financial Pro    7.000     1/3/2020   EUR     63.390
Vontobel Financial Pro    4.000     1/3/2020   EUR     71.280
Vontobel Financial Pro    3.000     1/3/2020   EUR     74.630
Vontobel Financial Pro    6.000     1/3/2020   EUR     66.920
Vontobel Financial Pro    6.000     1/3/2020   EUR     65.040
Vontobel Financial Pro    8.000     1/3/2020   EUR     69.400
Vontobel Financial Pro   12.000     1/3/2020   EUR     62.590
Vontobel Financial Pro   14.000     1/3/2020   EUR     59.760
Vontobel Financial Pro   16.000     1/3/2020   EUR     57.260
Vontobel Financial Pro   11.500     1/3/2020   EUR     73.650
UniCredit Bank AG         3.800   12/29/2022   EUR     57.970
DekaBank Deutsche Giro    5.150     7/3/2020   EUR     76.260
Leonteq Securities AG/   10.600    12/8/2020   EUR     63.540
Landesbank Hessen-Thue    3.500     1/5/2022   EUR     64.170
Landesbank Hessen-Thue    4.000     1/5/2022   EUR     65.420
DekaBank Deutsche Giro    2.200    5/15/2020   EUR     69.100
Natixis SA                3.690    11/9/2020   USD     59.779
DekaBank Deutsche Giro    3.800   12/18/2020   EUR     60.930
UniCredit Bank AG         8.000    6/26/2020   EUR     67.380
UniCredit Bank AG        14.700    6/26/2020   EUR     64.440
Credit Suisse AG/Londo    7.000    1/16/2020   CHF     75.020
DZ Bank AG Deutsche Ze    7.000   12/23/2019   EUR     69.450
UBS AG/London            11.000    4/17/2020   CHF     54.050
DekaBank Deutsche Giro    2.500   11/14/2019   EUR     67.140
Vontobel Financial Pro    8.000     1/3/2020   EUR     68.780
Vontobel Financial Pro   11.500     1/3/2020   EUR     63.780
Vontobel Financial Pro   12.500     1/3/2020   EUR     62.700
Vontobel Financial Pro   15.000     1/3/2020   EUR     60.770
Vontobel Financial Pro   13.500     1/3/2020   EUR     58.170
Vontobel Financial Pro    5.500     1/3/2020   EUR     73.270
Vontobel Financial Pro    7.000     1/3/2020   EUR     70.170
Vontobel Financial Pro   14.500     1/3/2020   EUR     56.950
Vontobel Financial Pro   12.000     1/3/2020   EUR     59.370
Vontobel Financial Pro   10.500     1/3/2020   EUR     64.920
Vontobel Financial Pro   11.500     1/3/2020   EUR     72.740
Vontobel Financial Pro   10.500     1/3/2020   EUR     74.760
Vontobel Financial Pro   13.000     1/3/2020   EUR     70.930
Vontobel Financial Pro   17.000     1/3/2020   EUR     66.070
Vontobel Financial Pro   16.000     1/3/2020   EUR     67.650
Vontobel Financial Pro   14.500     1/3/2020   EUR     69.230
Vontobel Financial Pro   13.500     1/3/2020   EUR     61.670
Vontobel Financial Pro   17.500     1/3/2020   EUR     58.750
Vontobel Financial Pro   16.000     1/3/2020   EUR     60.890
UniCredit Bank AG         8.400    3/27/2020   EUR     68.910
UniCredit Bank AG        13.600    3/27/2020   EUR     65.330
UniCredit Bank AG        12.500    3/27/2020   EUR     74.500
UniCredit Bank AG         7.000   12/24/2021   EUR     74.930
DekaBank Deutsche Giro    2.100    5/15/2020   EUR     70.860
DZ Bank AG Deutsche Ze   10.000   12/27/2019   EUR     72.690
DZ Bank AG Deutsche Ze    8.250   12/27/2019   EUR     26.260
HSBC Trinkaus & Burkha    6.100   12/27/2019   EUR     69.360
DekaBank Deutsche Giro    5.100   10/31/2019   EUR     70.850
Leonteq Securities AG/   14.000    1/15/2020   USD     45.760
Leonteq Securities AG/   10.600    1/15/2020   CHF     45.240
DekaBank Deutsche Giro    2.800    6/19/2020   EUR     60.900
Zurcher Kantonalbank F    6.600   11/22/2019   CHF     57.920
Leonteq Securities AG/    6.600    8/18/2020   CHF     71.310
UBS AG/London             6.750   11/25/2019   CHF     57.950
UBS AG/London            13.000   11/25/2019   CHF     52.950
UBS AG/London             6.500   11/25/2019   CHF     69.400
Leonteq Securities AG/    6.000    8/18/2020   CHF     67.160
Zurcher Kantonalbank F    8.900    12/6/2019   CHF     27.740
UniCredit Bank AG         5.900   11/22/2019   EUR     67.140
DekaBank Deutsche Giro    2.000    9/18/2020   EUR     64.010
Leonteq Securities AG/    5.000    8/25/2020   CHF     65.780
BNP Paribas Emissions-    8.000   12/30/2019   EUR     67.350
UniCredit Bank AG         8.900   12/29/2020   EUR     63.370
UniCredit Bank AG         6.700   12/29/2020   EUR     67.030
UniCredit Bank AG         8.900   12/29/2020   EUR     51.300
UniCredit Bank AG         7.800   12/29/2020   EUR     74.120
UniCredit Bank AG         6.500   12/29/2020   EUR     55.440
UniCredit Bank AG         7.300   12/29/2020   EUR     54.290
UniCredit Bank AG         9.000   12/29/2020   EUR     65.660
UniCredit Bank AG         6.100     1/3/2020   EUR     73.040
Zurcher Kantonalbank F    6.500     7/3/2020   CHF     31.860
Landesbank Baden-Wuert    2.100    8/27/2021   EUR     71.930
Bank Julius Baer & Co    13.600     1/3/2020   CHF     60.400
Raiffeisen Schweiz Gen    6.000     9/1/2020   CHF     68.610
Commerzbank AG           11.500    5/22/2020   EUR     73.180
Vontobel Financial Pro   13.500     1/3/2020   EUR     74.670
Vontobel Financial Pro   14.000    3/27/2020   EUR     74.250
Vontobel Financial Pro   11.500     1/3/2020   EUR     71.380
Vontobel Financial Pro   10.500    3/27/2020   EUR     72.770
Vontobel Financial Pro   13.000     1/3/2020   EUR     69.620
Vontobel Financial Pro   11.500     1/3/2020   EUR     64.360
Commerzbank AG           14.250   12/31/2019   EUR     69.880
Vontobel Financial Pro    9.500    2/28/2020   EUR     46.320
Vontobel Financial Pro   13.000    2/28/2020   EUR     73.200
Deutsche Bank AG          7.400    3/24/2020   EUR     74.960
Deutsche Bank AG          5.400    1/21/2020   EUR     70.500
Deutsche Bank AG          5.400    1/21/2020   EUR     68.500
Deutsche Bank AG          5.400    2/25/2020   EUR     72.800
Deutsche Bank AG          5.400    2/25/2020   EUR     70.800
Deutsche Bank AG          5.400    2/25/2020   EUR     68.800
Deutsche Bank AG          5.400    3/24/2020   EUR     72.900
Deutsche Bank AG          5.400    3/24/2020   EUR     70.900
Deutsche Bank AG          5.400    3/24/2020   EUR     69.000
Deutsche Bank AG          7.400    1/21/2020   EUR     73.100
Deutsche Bank AG          7.400    1/21/2020   EUR     72.200
Deutsche Bank AG          7.400    1/21/2020   EUR     71.000
Deutsche Bank AG          7.400    1/21/2020   EUR     69.800
Deutsche Bank AG          7.400    1/21/2020   EUR     69.000
Deutsche Bank AG          7.400    2/25/2020   EUR     73.500
Deutsche Bank AG          7.400    2/25/2020   EUR     72.600
Deutsche Bank AG          7.400    2/25/2020   EUR     71.400
Deutsche Bank AG          7.400    2/25/2020   EUR     70.200
Deutsche Bank AG          7.400    2/25/2020   EUR     69.500
Deutsche Bank AG          7.400    3/24/2020   EUR     73.700
Deutsche Bank AG          7.400    3/24/2020   EUR     72.900
Deutsche Bank AG          7.400    3/24/2020   EUR     71.800
Deutsche Bank AG          7.400    3/24/2020   EUR     70.600
Deutsche Bank AG          7.400    3/24/2020   EUR     69.900
Deutsche Bank AG          5.400    1/21/2020   EUR     72.600
Vontobel Financial Pro   14.500     1/3/2020   EUR     67.970
Vontobel Financial Pro   12.500    3/27/2020   EUR     69.920
Vontobel Financial Pro   13.500    3/27/2020   EUR     68.610
Vontobel Financial Pro   16.000     1/3/2020   EUR     66.420
Societe Generale Effek   21.194   12/20/2019   EUR     56.650
Societe Generale Effek   22.068   12/20/2019   EUR     56.010
Leonteq Securities AG/   13.000     8/4/2020   CHF     50.710
DekaBank Deutsche Giro    5.100     3/6/2020   EUR     68.760
Societe Generale Effek   26.656   12/20/2019   EUR     66.040
Societe Generale Effek   14.287    3/20/2020   EUR     73.510
Societe Generale Effek    5.899   12/20/2019   EUR     50.860
Societe Generale Effek    7.647   12/20/2019   EUR     47.380
Societe Generale Effek    9.832   12/20/2019   EUR     44.520
Societe Generale Effek   12.017   12/20/2019   EUR     42.080
Societe Generale Effek    8.684    3/20/2020   EUR     49.090
Societe Generale Effek   10.925    3/20/2020   EUR     46.660
Societe Generale Effek   11.986    6/19/2020   EUR     51.530
Societe Generale Effek   14.041    6/19/2020   EUR     49.320
Societe Generale Effek   15.732   12/20/2019   EUR     74.710
Societe Generale Effek   18.572   12/20/2019   EUR     71.430
Societe Generale Effek   24.471   12/20/2019   EUR     65.980
Societe Generale Effek   19.890    3/20/2020   EUR     75.110
Societe Generale Effek   24.471   12/20/2019   EUR     73.370
Societe Generale Effek    6.555   12/20/2019   EUR     73.380
Societe Generale Effek    7.866   12/20/2019   EUR     70.720
Societe Generale Effek    9.395   12/20/2019   EUR     68.230
Societe Generale Effek   10.925   12/20/2019   EUR     65.950
Societe Generale Effek   16.168   12/20/2019   EUR     60.280
Societe Generale Effek    7.564    3/20/2020   EUR     74.800
Societe Generale Effek    9.247    6/19/2020   EUR     74.830
Societe Generale Effek   21.194   12/20/2019   EUR     74.650
Societe Generale Effek   10.269   12/20/2019   EUR     74.620
Societe Generale Effek   14.421   12/20/2019   EUR     68.400
Societe Generale Effek   15.968    3/20/2020   EUR     70.970
SG Issuer SA             16.100   11/21/2019   EUR     71.520
Vontobel Financial Pro    4.000     1/3/2020   EUR     50.009
Vontobel Financial Pro    2.500    3/27/2020   EUR     50.228
Vontobel Financial Pro    4.000    3/27/2020   EUR     50.894
Vontobel Financial Pro    5.000    3/27/2020   EUR     51.332
Vontobel Financial Pro    7.500    3/27/2020   EUR     52.825
Vontobel Financial Pro    5.000     1/3/2020   EUR     50.218
Commerzbank AG           12.250    1/24/2020   EUR     74.580
Landesbank Baden-Wuert    4.000    7/24/2020   EUR     70.120
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     68.490
Landesbank Baden-Wuert    3.000    7/24/2020   EUR     49.550
Landesbank Baden-Wuert    5.000    7/24/2020   EUR     45.690
Vontobel Financial Pro    9.500   12/12/2019   EUR     63.450
Vontobel Financial Pro    5.500    3/13/2020   EUR     70.790
Vontobel Financial Pro   12.000    3/13/2020   EUR     61.580
Vontobel Financial Pro    5.500   12/12/2019   EUR     69.210
Vontobel Financial Pro   14.000   12/12/2019   EUR     58.790
Vontobel Financial Pro   10.500   12/13/2019   EUR     73.260
Vontobel Financial Pro   11.500   12/13/2019   EUR     71.640
Vontobel Financial Pro    9.500    3/13/2020   EUR     74.540
Vontobel Financial Pro    5.000    3/13/2020   EUR     51.153
Vontobel Financial Pro    2.500    3/13/2020   EUR     50.138
Vontobel Financial Pro   10.500    3/13/2020   EUR     72.930
Vontobel Financial Pro   11.500    3/13/2020   EUR     71.400
Vontobel Financial Pro   16.500   12/13/2019   EUR     74.550
Vontobel Financial Pro    7.000    3/13/2020   EUR     60.854
Vontobel Financial Pro   11.500   12/13/2019   EUR     59.720
HSBC Trinkaus & Burkha    6.500    3/27/2020   EUR     71.390
HSBC Trinkaus & Burkha   10.300   12/27/2019   EUR     75.170
HSBC Trinkaus & Burkha   15.000   12/27/2019   EUR     36.470
HSBC Trinkaus & Burkha   13.100    3/27/2020   EUR     39.020
HSBC Trinkaus & Burkha    7.900    3/27/2020   EUR     42.660
HSBC Trinkaus & Burkha   12.600    6/26/2020   EUR     41.530
HSBC Trinkaus & Burkha   10.200   11/22/2019   EUR     39.700
HSBC Trinkaus & Burkha    9.100    2/28/2020   EUR     41.250
Vontobel Financial Pro    8.000    9/25/2020   EUR     74.118
UBS AG/London            13.500    9/11/2020   USD     75.420
Vontobel Financial Pro   13.400    9/16/2020   USD     71.600
Vontobel Financial Pro   19.000    9/25/2020   EUR     66.780
Vontobel Financial Pro   22.000    6/26/2020   EUR     65.490
Vontobel Financial Pro   24.000    9/25/2020   EUR     66.720
Vontobel Financial Pro   21.500    9/25/2020   EUR     64.450
Vontobel Financial Pro    7.500    6/26/2020   EUR     70.430
Vontobel Financial Pro   12.500    6/26/2020   EUR     66.536
Vontobel Financial Pro    5.500    9/25/2020   EUR     73.710
Vontobel Financial Pro   11.500    9/25/2020   EUR     68.556
Vontobel Financial Pro   16.000    9/25/2020   EUR     74.150
Vontobel Financial Pro   15.000    9/25/2020   EUR     73.600
Vontobel Financial Pro   20.000    6/26/2020   EUR     73.820
Vontobel Financial Pro   21.500    6/26/2020   EUR     74.490
Vontobel Financial Pro   12.000     1/3/2020   EUR     49.420
Vontobel Financial Pro   10.500    3/27/2020   EUR     51.450
Vontobel Financial Pro    9.000    3/27/2020   EUR     53.620
Vontobel Financial Pro    8.500     1/3/2020   EUR     55.030
Vontobel Financial Pro   10.500     1/3/2020   EUR     70.410
Vontobel Financial Pro   12.500     1/3/2020   EUR     67.510
Vontobel Financial Pro   14.000     1/3/2020   EUR     59.450
Vontobel Financial Pro    8.000     1/3/2020   EUR     73.800
Vontobel Financial Pro    9.000    3/27/2020   EUR     72.020
Vontobel Financial Pro    7.000     1/3/2020   EUR     50.646
Vontobel Financial Pro   13.000     1/3/2020   EUR     59.270
Vontobel Financial Pro   15.500     1/3/2020   EUR     59.720
Vontobel Financial Pro   11.000     1/3/2020   EUR     67.600
Vontobel Financial Pro   10.500     1/3/2020   EUR     51.382
Vontobel Financial Pro    8.500     1/3/2020   EUR     50.964
Vontobel Financial Pro   10.500     1/3/2020   EUR     58.200
Vontobel Financial Pro    6.900   12/16/2019   EUR     63.150
HSBC Trinkaus & Burkha    1.650    3/27/2020   EUR     74.420
HSBC Trinkaus & Burkha    4.000   12/30/2019   EUR     66.940
HSBC Trinkaus & Burkha    9.800    1/24/2020   EUR     50.290
HSBC Trinkaus & Burkha    7.200   12/27/2019   EUR     69.330
HSBC Trinkaus & Burkha   11.500   12/27/2019   EUR     68.760
DZ Bank AG Deutsche Ze    6.750   12/27/2019   EUR     69.640
Leonteq Securities AG    11.200   12/17/2019   CHF     73.630
Bank Julius Baer & Co     5.450   12/18/2019   CHF     71.600
UBS AG/London            12.000    6/12/2020   USD     53.160
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     71.250
Landesbank Baden-Wuert    3.000    1/24/2020   EUR     65.370
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     57.930
Landesbank Baden-Wuert    7.000    1/24/2020   EUR     55.720
Landesbank Baden-Wuert    4.500    1/24/2020   EUR     73.710
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     69.960
Commerzbank AG            2.980   12/28/2021   USD     74.200
DekaBank Deutsche Giro    6.000    6/11/2021   EUR     67.040
HSBC Trinkaus & Burkha    9.400   12/27/2019   EUR     64.270
HSBC Trinkaus & Burkha    7.400   12/27/2019   EUR     63.940
HSBC Trinkaus & Burkha    9.400    6/26/2020   EUR     67.370
HSBC Trinkaus & Burkha    8.600    6/26/2020   EUR     66.960
HSBC Trinkaus & Burkha    7.400    6/26/2020   EUR     66.160
HSBC Trinkaus & Burkha   11.400   12/27/2019   EUR     49.880
HSBC Trinkaus & Burkha    5.600   12/28/2020   EUR     52.990
HSBC Trinkaus & Burkha    7.500   12/27/2019   EUR     69.670
HSBC Trinkaus & Burkha    5.700   12/27/2019   EUR     69.380
HSBC Trinkaus & Burkha    7.400    6/26/2020   EUR     69.430
HSBC Trinkaus & Burkha    6.400    6/26/2020   EUR     68.770
HSBC Trinkaus & Burkha    3.360   12/30/2019   EUR     65.770
HSBC Trinkaus & Burkha    1.410    3/27/2020   EUR     70.810
HSBC Trinkaus & Burkha    5.100    6/26/2020   EUR     56.450
HSBC Trinkaus & Burkha    3.300    6/26/2020   EUR     61.740
HSBC Trinkaus & Burkha    8.800    9/25/2020   EUR     50.660
HSBC Trinkaus & Burkha    6.500    9/25/2020   EUR     53.870
HSBC Trinkaus & Burkha    4.400    9/25/2020   EUR     58.510
HSBC Trinkaus & Burkha    2.900    9/25/2020   EUR     63.790
HSBC Trinkaus & Burkha   10.400   11/22/2019   EUR     45.700
HSBC Trinkaus & Burkha    6.400   11/22/2019   EUR     51.300
HSBC Trinkaus & Burkha    3.300   11/22/2019   EUR     58.710
HSBC Trinkaus & Burkha    6.300    1/24/2020   EUR     51.520
HSBC Trinkaus & Burkha    3.400    1/24/2020   EUR     58.220
HSBC Trinkaus & Burkha    9.500    2/28/2020   EUR     47.230
HSBC Trinkaus & Burkha    6.300    2/28/2020   EUR     51.850
HSBC Trinkaus & Burkha    3.600    2/28/2020   EUR     58.170
HSBC Trinkaus & Burkha    6.800    3/27/2020   EUR     73.460
HSBC Trinkaus & Burkha    2.600    3/27/2020   EUR     62.020
HSBC Trinkaus & Burkha   12.300    6/26/2020   EUR     46.990
HSBC Trinkaus & Burkha   10.400    6/26/2020   EUR     48.570
HSBC Trinkaus & Burkha    7.600    6/26/2020   EUR     51.810
BNP Paribas Emissions-   13.000    3/26/2020   EUR     67.800
Raiffeisen Schweiz Gen    3.000    9/22/2020   CHF     17.170
Raiffeisen Schweiz Gen    3.000    9/21/2029   CHF     72.730
UniCredit Bank AG         3.500    1/29/2020   EUR     30.790
UniCredit Bank AG         3.500   12/19/2019   EUR     32.820
DZ Bank AG Deutsche Ze    5.250    3/25/2020   EUR     67.350
Bank Julius Baer & Co     4.950   11/20/2019   CHF     68.000
Vontobel Financial Pro   16.000     1/3/2020   EUR     74.320
UBS AG/London             8.000    2/21/2020   EUR     61.200
UBS AG/London            10.000   11/21/2019   CHF     55.650
Vontobel Financial Pro   16.000     1/3/2020   EUR     72.180
Vontobel Financial Pro   16.000     1/3/2020   EUR     63.300
Vontobel Financial Pro   18.000     1/3/2020   EUR     74.810
Vontobel Financial Pro   14.500     1/3/2020   EUR     75.090
Vontobel Financial Pro    6.500    3/13/2020   EUR     51.710
Vontobel Financial Pro    4.000   12/13/2019   EUR     49.750
Vontobel Financial Pro    8.500    3/13/2020   EUR     52.516
Vontobel Financial Pro   14.000    3/27/2020   EUR     75.070
Vontobel Financial Pro    7.500    3/27/2020   EUR     56.160
Vontobel Financial Pro    6.500    3/27/2020   EUR     59.270
Vontobel Financial Pro   14.000     1/3/2020   EUR     47.160
Vontobel Financial Pro   10.000     1/3/2020   EUR     52.000
Vontobel Financial Pro   12.500    3/27/2020   EUR     49.770
Vontobel Financial Pro    9.000    3/27/2020   EUR     72.000
Vontobel Financial Pro   15.000     1/3/2020   EUR     64.980
Vontobel Financial Pro   12.500    3/27/2020   EUR     67.840
Vontobel Financial Pro    9.500     1/3/2020   EUR     71.390
Vontobel Financial Pro   11.500     1/3/2020   EUR     69.260
Vontobel Financial Pro    8.500    3/27/2020   EUR     60.000
Vontobel Financial Pro   10.500    3/27/2020   EUR     61.200
Vontobel Financial Pro   12.500    3/27/2020   EUR     62.020
Vontobel Financial Pro   12.000     1/3/2020   EUR     59.090
Vontobel Financial Pro    9.000     1/3/2020   EUR     57.930
Vontobel Financial Pro   21.000     1/3/2020   EUR     69.380
Landesbank Baden-Wuert    3.000   12/29/2020   EUR     58.960
Landesbank Baden-Wuert    5.000   12/29/2020   EUR     54.070
Commerzbank AG            9.750   12/31/2019   EUR     71.840
Commerzbank AG           12.750   12/31/2019   EUR     72.050
Commerzbank AG           11.750   12/31/2019   EUR     68.850
Commerzbank AG           10.500   12/31/2019   EUR     71.340
Commerzbank AG           12.500   12/31/2019   EUR     69.310
Commerzbank AG           14.500   12/31/2019   EUR     64.750
Vontobel Financial Pro   12.000   12/31/2019   EUR     65.680
Vontobel Financial Pro   12.700   12/13/2019   EUR     54.675
Vontobel Financial Pro   10.450   12/13/2019   EUR     54.610
Vontobel Financial Pro    9.500    3/13/2020   EUR     72.290
Vontobel Financial Pro   16.500   12/12/2019   EUR     64.290
Vontobel Financial Pro   16.500    3/13/2020   EUR     75.540
Commerzbank AG           12.500   12/31/2019   EUR     73.510
Commerzbank AG           11.250   12/31/2019   EUR     74.060
Commerzbank AG           13.250   12/31/2019   EUR     71.580
Commerzbank AG            3.500   12/31/2019   EUR     72.050
Commerzbank AG           16.500   12/31/2019   EUR     67.250
Leonteq Securities AG     3.600    9/22/2026   CHF     67.090
Raiffeisen Schweiz Gen    2.700    9/22/2026   CHF     60.830
EFG International Fina    7.000   11/27/2019   EUR      1.600
Bank Julius Baer & Co    10.800    6/12/2020   CHF     72.650
Vontobel Financial Pro    5.500    3/20/2020   EUR     57.043
Raiffeisen Schweiz Gen    3.200   12/18/2026   CHF     70.510
Raiffeisen Schweiz Gen   10.000   12/31/2024   CHF     72.440
UniCredit Bank AG         3.600     3/5/2020   EUR     58.310
HSBC Trinkaus & Burkha    2.000    4/22/2020   EUR     72.280
Vontobel Financial Pro   11.500    3/27/2020   EUR     64.710
UniCredit Bank AG         3.700    9/14/2022   EUR     61.320
Societe Generale Effek    6.325   12/20/2019   EUR     73.020
Societe Generale Effek   15.533    6/19/2020   EUR     69.180
BNP Paribas Emissions-    9.000   12/30/2019   EUR     74.680
BNP Paribas Emissions-    6.500   12/30/2019   EUR     71.460
BNP Paribas Emissions-    8.000   12/30/2019   EUR     68.470
BNP Paribas Emissions-    9.500   12/30/2019   EUR     65.760
BNP Paribas Emissions-    9.000   12/30/2019   EUR     60.050
BNP Paribas Emissions-    8.000   12/30/2019   EUR     66.800
BNP Paribas Emissions-   11.000   12/30/2019   EUR     70.110
BNP Paribas Emissions-    8.500   12/30/2019   EUR     74.260
BNP Paribas Emissions-    9.500   12/30/2019   EUR     45.150
BNP Paribas Emissions-   10.000   12/30/2019   EUR     59.980
BNP Paribas Emissions-   12.000   12/30/2019   EUR     63.900
BNP Paribas Emissions-    9.000   12/30/2019   EUR     65.630
SG Issuer SA              3.000     9/2/2021   EUR     60.930
Vontobel Financial Pro   18.000     1/3/2020   EUR     70.940
Commerzbank AG            8.500   12/31/2019   EUR     67.350
UniCredit Bank AG        12.300    6/26/2020   EUR     57.780
UniCredit Bank AG         9.600   12/27/2021   EUR     66.130
UniCredit Bank AG        13.900   12/29/2020   EUR     57.330
Leonteq Securities AG    20.000   11/13/2019   CHF     72.200
Raiffeisen Centrobank     5.333     3/5/2020   EUR     67.940
DekaBank Deutsche Giro    3.450    7/31/2020   EUR     58.430
Leonteq Securities AG/    5.000    8/17/2020   CHF     65.970
UBS AG/London             6.300     1/2/2020   EUR     74.090
UBS AG/London             3.800    3/26/2020   EUR     51.880
UBS AG/London             4.000     1/2/2020   EUR     69.860
Credit Suisse AG/Nassa    8.000   11/18/2019   CHF     74.690
Credit Suisse AG/Nassa    8.250   11/18/2019   EUR     70.940
Leonteq Securities AG/   10.600    2/17/2020   CHF     61.360
Leonteq Securities AG    10.000   11/20/2019   CHF     40.380
Leonteq Securities AG     6.000    8/17/2021   CHF     75.190
Leonteq Securities AG     5.000    2/17/2021   CHF     54.400
Leonteq Securities AG/   10.000   11/20/2019   EUR     71.930
UBS AG/London            10.000    8/10/2020   USD     55.130
UBS AG/London             6.000    2/10/2020   EUR     49.850
UBS AG/London             6.500    8/10/2020   CHF     65.600
UBS AG/London            10.000    8/10/2020   CHF     67.650
UBS AG/London             6.500     2/8/2021   EUR     71.800
Raiffeisen Schweiz Gen    5.300    8/17/2020   CHF     76.160
Raiffeisen Schweiz Gen    6.000    2/17/2020   CHF     67.800
Bank Julius Baer & Co    12.000   11/11/2019   EUR     67.900
Zurcher Kantonalbank F    6.250    2/13/2020   EUR     64.920
Credit Suisse AG/Londo    9.500    2/24/2020   USD     65.240
Landesbank Baden-Wuert    2.750   11/26/2021   EUR     71.010
DZ Bank AG Deutsche Ze    6.750   12/27/2019   EUR     59.410
DZ Bank AG Deutsche Ze    8.750   12/27/2019   EUR     67.030
DZ Bank AG Deutsche Ze    5.750   12/27/2019   EUR     69.100
DZ Bank AG Deutsche Ze    9.000   12/27/2019   EUR     28.620
DZ Bank AG Deutsche Ze   11.250   12/27/2019   EUR     70.280
Landesbank Hessen-Thue    4.000    9/14/2022   EUR     71.530
DZ Bank AG Deutsche Ze    6.250   12/23/2019   EUR     64.380
DZ Bank AG Deutsche Ze    4.800   12/23/2019   EUR     65.500
DZ Bank AG Deutsche Ze    6.000   12/23/2019   EUR     65.690
DZ Bank AG Deutsche Ze    5.000   12/23/2019   EUR     72.380
DZ Bank AG Deutsche Ze    4.800   12/23/2019   EUR     73.870
DZ Bank AG Deutsche Ze    5.400   12/23/2019   EUR     72.630
DZ Bank AG Deutsche Ze    8.000   12/23/2019   EUR     52.160
DZ Bank AG Deutsche Ze    4.700   12/23/2019   EUR     64.230
DZ Bank AG Deutsche Ze    4.300   12/23/2019   EUR     66.970
DZ Bank AG Deutsche Ze    5.100   12/23/2019   EUR     65.340
DZ Bank AG Deutsche Ze    5.900   12/23/2019   EUR     64.160
Zurcher Kantonalbank F    5.125    2/14/2020   CHF     66.720
Leonteq Securities AG/    5.600    8/24/2021   CHF     59.530
Credit Suisse AG/Nassa    7.000   11/22/2019   CHF     63.900
UBS AG/London             8.750    8/17/2020   CHF     43.250
UBS AG/London             9.500    8/17/2020   CHF     68.500
UBS AG/London            10.000    8/17/2020   CHF     69.600
UBS AG/London             9.000    8/17/2020   EUR     68.950
UBS AG/London             8.000    8/17/2020   EUR     52.750
UBS AG/London             7.000    8/17/2020   EUR     71.250
UBS AG/London             8.000    8/17/2020   CHF     55.750
Landesbank Baden-Wuert    5.000    3/27/2020   EUR     73.470
Landesbank Baden-Wuert    4.750    3/27/2020   EUR     69.720
Corner Banca SA          11.800   11/13/2019   CHF     66.600
Leonteq Securities AG    14.000    11/6/2019   CHF     44.370
Credit Suisse AG/Nassa    7.250   11/15/2019   CHF     60.210
Leonteq Securities AG/    7.000    8/17/2020   CHF     73.440
Leonteq Securities AG/   10.000     2/7/2020   CHF     70.670
Bayerische Landesbank     3.000    9/11/2020   EUR     74.220
Bayerische Landesbank     3.300    9/11/2020   EUR     69.670
Credit Suisse AG/Nassa    7.000   11/15/2019   EUR     67.900
Credit Suisse AG/Nassa    9.500   11/18/2019   CHF     63.110
Credit Suisse AG/Nassa    8.000   11/15/2019   CHF     72.850
Vontobel Financial Pro    4.000   11/18/2019   EUR     73.020
Raiffeisen Schweiz Gen    5.340    8/17/2020   CHF     70.000
Leonteq Securities AG/   10.000   11/27/2019   EUR     67.820
Leonteq Securities AG/   12.800   11/27/2019   CHF     72.030
DekaBank Deutsche Giro    3.000    9/11/2020   EUR     67.400
Vontobel Financial Pro    3.840    2/17/2020   EUR     74.610
Raiffeisen Schweiz Gen    6.250    2/17/2020   CHF     64.970
Leonteq Securities AG     8.000    8/24/2020   CHF     68.040
Leonteq Securities AG    12.400   11/27/2019   CHF     73.950
Leonteq Securities AG    10.200   11/27/2019   CHF     53.100
Leonteq Securities AG/   15.000   11/27/2019   USD     42.440
Raiffeisen Schweiz Gen    6.500    2/24/2020   CHF     66.570
Raiffeisen Schweiz Gen    5.250    2/24/2020   CHF     67.980
Corner Banca SA           5.800    2/17/2020   CHF     69.710
Corner Banca SA           8.700    2/20/2020   USD     70.610
Societe Generale Effek    5.600     9/4/2023   EUR     72.920
Vontobel Financial Pro   13.000    3/27/2020   EUR     67.600
BNP Paribas Emissions-   12.000   12/30/2019   EUR     69.630
BNP Paribas Emissions-   12.000   12/30/2019   EUR     52.080
BNP Paribas Emissions-   12.000   12/30/2019   EUR     60.320
BNP Paribas Emissions-    8.000    3/26/2020   EUR     72.070
BNP Paribas Emissions-    7.500    6/25/2020   EUR     73.470
Commerzbank AG           12.750   12/31/2019   EUR     73.770
UniCredit Bank AG         6.100    8/12/2020   EUR     64.930
Raiffeisen Schweiz Gen    6.400     4/8/2020   CHF     71.910
UBS AG/London            12.000    4/13/2020   USD     52.620
Vontobel Financial Pro    9.000     1/3/2020   EUR     68.250
Vontobel Financial Pro    5.500     1/3/2020   EUR     66.890
Vontobel Financial Pro    4.500     1/3/2020   EUR     68.770
Vontobel Financial Pro    9.500     1/3/2020   EUR     60.470
Vontobel Financial Pro    8.500     1/3/2020   EUR     61.930
Vontobel Financial Pro    7.000     1/3/2020   EUR     65.670
Vontobel Financial Pro    3.000     1/3/2020   EUR     73.040
Landesbank Baden-Wuert    4.350    7/24/2020   EUR     48.750
Vontobel Financial Pro    6.500     1/3/2020   EUR     73.610
Vontobel Financial Pro   10.000     1/3/2020   EUR     65.770
DekaBank Deutsche Giro    4.000   10/31/2019   EUR     74.390
Citigroup Global Marke   12.379   11/13/2023   SEK     74.220
Vontobel Financial Pro    2.400     1/6/2020   EUR     73.480
UBS AG/London             9.330     4/9/2020   USD      5.865
Leonteq Securities AG/   14.200    1/15/2020   USD     40.930
Leonteq Securities AG/   11.000    1/15/2020   CHF     40.450
Leonteq Securities AG/   10.400    1/15/2020   CHF     75.500
Vontobel Financial Pro   14.000     1/3/2020   EUR     70.710
Vontobel Financial Pro   16.000     1/3/2020   EUR     67.970
BNP Paribas Emissions-   16.000   12/30/2019   EUR     63.240
BNP Paribas Emissions-    6.500   12/30/2019   EUR     73.900
BNP Paribas Emissions-   15.000   12/30/2019   EUR     60.120
BNP Paribas Emissions-   13.000   12/30/2019   EUR     67.200
BNP Paribas Emissions-   10.000   12/30/2019   EUR     72.980
BNP Paribas Emissions-   12.000   12/30/2019   EUR     73.310
BNP Paribas Emissions-   14.000   12/30/2019   EUR     63.050
Landesbank Baden-Wuert    5.200    3/27/2020   EUR     60.100
Raiffeisen Schweiz Gen    6.000    2/10/2020   CHF     66.210
Leonteq Securities AG    10.000   11/13/2019   CHF     63.230
EFG International Fina    6.000    8/13/2021   CHF     74.650
Vontobel Financial Pro    4.200     2/3/2020   EUR     67.130
Vontobel Financial Pro   15.500    3/27/2020   EUR     71.900
Vontobel Financial Pro    9.500    3/27/2020   EUR     71.670
UniCredit Bank AG         5.000    9/14/2021   EUR     71.570
Societe Generale Effek   12.982   12/20/2019   EUR     66.310
BNP Paribas Emissions-    8.000   12/30/2019   EUR     30.920
BNP Paribas Emissions-   11.000   12/30/2019   EUR     57.600
BNP Paribas Emissions-    7.500   12/30/2019   EUR     68.480
BNP Paribas Emissions-   10.000   12/30/2019   EUR     63.860
BNP Paribas Emissions-   11.000   12/30/2019   EUR     67.790
BNP Paribas Emissions-    7.500   12/30/2019   EUR     68.740
DekaBank Deutsche Giro    6.100    2/13/2020   EUR     73.960
Vontobel Financial Pro    8.000    3/27/2020   EUR     60.257
Vontobel Financial Pro   11.000    3/27/2020   EUR     61.591
Vontobel Financial Pro    6.500     1/3/2020   EUR     76.700
Vontobel Financial Pro    5.000    3/27/2020   EUR     69.630
Vontobel Financial Pro    8.500     1/3/2020   EUR     58.850
Vontobel Financial Pro   10.000     1/3/2020   EUR     58.874
Vontobel Financial Pro   12.000     1/3/2020   EUR     59.292
Vontobel Financial Pro   13.500     1/3/2020   EUR     59.610
UBS AG/London             6.200     1/2/2020   EUR     75.560
UBS AG/London             9.100    6/25/2020   EUR     48.400
UBS AG/London             7.200    3/26/2020   EUR     51.710
UBS AG/London             9.700     1/2/2020   EUR     47.110
UBS AG/London             7.200     1/2/2020   EUR     72.530
UBS AG/London            18.200     1/2/2020   EUR     58.070
UBS AG/London             9.100    3/26/2020   EUR     48.870
UniCredit Bank AG         5.300     1/3/2020   EUR     72.060
Landesbank Baden-Wuert    3.350    8/28/2020   EUR     61.730
Raiffeisen Schweiz Gen    7.000   11/20/2019   CHF     75.830
Leonteq Securities AG/    6.400   11/20/2019   CHF     61.880
Leonteq Securities AG/    5.400   11/20/2019   EUR     61.940
Leonteq Securities AG/    7.400   11/20/2019   USD     47.300
Leonteq Securities AG/    7.000    12/6/2019   CHF     62.340
Commerzbank AG           17.250    3/27/2020   EUR     73.880
Leonteq Securities AG/   10.000   12/20/2019   CHF     64.790
Vontobel Financial Pro    4.250   12/30/2019   EUR     64.150
BNP Paribas Emissions-   12.000   12/30/2019   EUR     71.050
BNP Paribas Emissions-   10.000   12/30/2019   EUR     68.320
BNP Paribas Emissions-   10.000   12/30/2019   EUR     63.920
BNP Paribas Emissions-   11.000   12/30/2019   EUR     62.460
BNP Paribas Emissions-   12.000   12/30/2019   EUR     66.230
BNP Paribas Emissions-   13.000   12/30/2019   EUR     61.200
Societe Generale Effek   10.214   12/20/2019   EUR     74.640
Societe Generale Effek   14.363   12/20/2019   EUR     69.060
Societe Generale Effek   16.278   12/20/2019   EUR     66.340
Societe Generale Effek    9.256   12/20/2019   EUR     39.010
Societe Generale Effek    9.901    3/20/2020   EUR     40.470
DZ Bank AG Deutsche Ze    5.000   12/23/2019   EUR     71.840
DZ Bank AG Deutsche Ze    5.000   12/23/2019   EUR     61.400
Leonteq Securities AG/   10.200    3/18/2020   CHF     66.110
Leonteq Securities AG    10.200   12/27/2019   CHF     71.580
Leonteq Securities AG/   10.600   12/27/2019   EUR     75.180
Raiffeisen Schweiz Gen    8.500   12/27/2019   CHF     72.320
Credit Suisse AG/Londo    7.500   12/30/2019   CHF     69.340
UniCredit Bank AG         3.450    9/14/2022   EUR     69.150
BNP Paribas Emissions-   13.000   12/30/2019   EUR     59.240
BNP Paribas Emissions-    3.000   12/30/2019   EUR     72.460
BNP Paribas Emissions-    6.000   12/30/2019   EUR     72.960
BNP Paribas Emissions-    8.000   12/30/2019   EUR     73.680
BNP Paribas Emissions-    9.000   12/30/2019   EUR     70.730
BNP Paribas Emissions-    7.000   12/30/2019   EUR     70.980
BNP Paribas Emissions-    8.000   12/30/2019   EUR     71.140
BNP Paribas Emissions-    8.000   12/30/2019   EUR     62.320
BNP Paribas Emissions-   10.000   12/30/2019   EUR     62.650
Bank Julius Baer & Co     6.650   12/27/2019   CHF     71.150
Bank Julius Baer & Co     6.750   12/27/2019   CHF     74.300
Credit Suisse AG/Nassa    7.000   12/27/2019   CHF     70.630
UniCredit Bank AG         3.400    10/9/2020   EUR     72.870
UniCredit Bank AG         3.750    10/9/2020   EUR     68.380
UBS AG/London             7.500    9/21/2020   USD     51.900
UBS AG/London            10.000    9/21/2020   EUR     68.900
UBS AG/London             8.000    9/21/2020   EUR     71.150
UBS AG/London            11.000    9/21/2020   CHF     75.450
UBS AG/London            10.000   12/19/2019   USD     75.230
UBS AG/London            11.000    9/21/2020   CHF     73.100
UBS AG/London             6.000    3/19/2020   CHF     70.450
UBS AG/London             7.000    3/19/2020   CHF     70.800
Bayerische Landesbank     3.100   10/23/2020   EUR     70.850
Vontobel Financial Pro    5.500    4/15/2020   EUR     64.610
Leonteq Securities AG/    8.000     1/3/2020   CHF     71.120
Vontobel Financial Pro    4.600    4/15/2020   EUR     65.910
Corner Banca SA          12.000     1/3/2020   CHF     72.070
EFG International Fina    9.800    9/21/2021   EUR     58.200
Vontobel Financial Pro   18.500    6/26/2020   EUR     74.240
Vontobel Financial Pro   24.000    3/27/2020   EUR     74.150
Bank Julius Baer & Co    15.500     5/4/2020   USD     59.700
Vontobel Financial Pro   11.500    3/27/2020   EUR     71.310
Vontobel Financial Pro    9.500     1/3/2020   EUR     66.970
Vontobel Financial Pro   10.500    3/27/2020   EUR     66.570
Commerzbank AG           13.750   12/31/2019   EUR     64.780
Commerzbank AG           12.250   12/31/2019   EUR     73.140
Leonteq Securities AG/   14.000   11/25/2019   CHF     55.500
UBS AG/London            10.500   11/25/2019   CHF     60.250
UBS AG/London            10.250   11/25/2019   EUR     45.850
UBS AG/London             7.500   11/25/2019   EUR     49.000
UniCredit Bank AG         8.400   11/22/2019   EUR     55.210
UniCredit Bank AG         5.500   11/22/2019   EUR     74.540
UniCredit Bank AG         5.250    9/19/2020   EUR     64.920
Zurcher Kantonalbank F    6.250    8/24/2020   CHF     71.620
Bayerische Landesbank     2.700    9/18/2020   EUR     63.900
EFG International Fina    5.800    8/31/2020   EUR     65.470
DekaBank Deutsche Giro    4.400    2/21/2020   EUR     64.080
UniCredit Bank AG         4.300    8/24/2021   EUR     68.470
UniCredit Bank AG         3.800    9/19/2021   EUR     55.540
UniCredit Bank AG         3.850    9/19/2021   EUR     71.720
UniCredit Bank AG         3.500    9/19/2021   EUR     60.140
DZ Bank AG Deutsche Ze    5.000    7/22/2020   EUR     68.460
Raiffeisen Schweiz Gen    4.600    5/25/2020   CHF     58.720
UBS AG/London             9.000   11/18/2019   CHF     74.200
Raiffeisen Schweiz Gen    8.600    5/28/2020   CHF     61.280
BNP Paribas Emissions-    7.000   12/30/2019   EUR     61.990
BNP Paribas Emissions-    6.000   12/30/2019   EUR     67.370
BNP Paribas Emissions-    7.000   12/30/2019   EUR     51.820
UniCredit Bank AG         6.700   12/29/2020   EUR     47.710
UniCredit Bank AG        10.100   12/29/2020   EUR     51.860
UniCredit Bank AG         7.900   12/29/2020   EUR     74.460
UniCredit Bank AG         7.400   12/29/2020   EUR     47.760
UniCredit Bank AG         9.300   12/29/2020   EUR     59.580
UniCredit Bank AG         9.400   12/29/2020   EUR     71.620
UniCredit Bank AG         9.300   12/29/2020   EUR     53.910
UniCredit Bank AG         6.900   12/29/2020   EUR     70.340
UniCredit Bank AG        10.600   12/29/2020   EUR     54.920
UniCredit Bank AG        11.900   12/29/2020   EUR     73.230
UniCredit Bank AG        10.700   12/29/2020   EUR     73.760
UniCredit Bank AG         7.300   12/29/2020   EUR     65.800
UniCredit Bank AG         8.200   12/29/2020   EUR     63.180
UniCredit Bank AG         9.400   12/29/2020   EUR     72.360
UniCredit Bank AG         8.700   12/29/2020   EUR     70.950
UniCredit Bank AG         7.600   12/29/2020   EUR     71.730
UniCredit Bank AG         9.700   12/29/2020   EUR     72.170
UBS AG/London             6.000   12/27/2019   EUR     69.750
UBS AG/London             9.500   12/27/2019   CHF     60.950
UBS AG/London             6.000    6/29/2020   CHF     48.700
UBS AG/London             6.250    6/29/2020   CHF     60.700
HSBC Trinkaus & Burkha    3.150   12/30/2019   EUR     70.850
UBS AG/London             3.700    6/25/2020   EUR     73.020
Leonteq Securities AG    20.000    5/12/2020   CHF     38.070
Vontobel Financial Pro   11.000    9/16/2020   EUR     67.270
Landesbank Baden-Wuert    6.200   11/22/2019   EUR     40.500
Vontobel Financial Pro   16.000     1/3/2020   EUR     71.720
DZ Bank AG Deutsche Ze    5.500   11/20/2019   EUR     68.340
Bank Julius Baer & Co     6.950    2/13/2020   CHF     74.600
Raiffeisen Centrobank     7.394   12/27/2019   EUR     70.090
Landesbank Baden-Wuert    2.500   11/22/2019   EUR     73.690
Landesbank Baden-Wuert    4.500   11/22/2019   EUR     41.730
Landesbank Baden-Wuert    2.500   11/22/2019   EUR     56.730
Landesbank Baden-Wuert    5.000   11/22/2019   EUR     74.190
DZ Bank AG Deutsche Ze    4.750   12/23/2019   EUR     70.210
UBS AG/London            11.000   11/14/2019   CHF     67.200
UBS AG/London            12.000    5/14/2020   EUR     71.250
Bank Julius Baer & Co     8.650   11/15/2019   EUR     70.600
EFG International Fina    7.200    2/22/2021   CHF     30.510
Barclays Bank PLC         3.500    8/17/2020   USD     69.770
UniCredit Bank AG         6.400     3/5/2021   EUR     62.810
BNP Paribas Emissions-   13.000    3/26/2020   EUR     74.680
UBS AG/London            12.000    6/19/2020   USD     58.480
Vontobel Financial Pro    7.500    6/26/2020   EUR     74.560
Landesbank Baden-Wuert    3.500   11/22/2019   EUR     52.840
DekaBank Deutsche Giro    3.000    2/14/2020   EUR     64.620
DekaBank Deutsche Giro    2.000   12/13/2019   EUR     66.000
UniCredit Bank AG         4.000    3/13/2022   EUR     69.490
Landesbank Baden-Wuert    2.600   11/27/2020   EUR     54.360
UBS AG/London             6.250     2/7/2020   CHF     37.000
UBS AG/London             6.500     2/7/2020   CHF     59.450
UBS AG/London             8.250     2/7/2020   EUR     55.750
UBS AG/London             8.000     2/7/2020   CHF     56.600
Raiffeisen Centrobank     5.286   12/27/2019   EUR     74.300
Raiffeisen Centrobank     5.815   12/27/2019   EUR     66.900
Raiffeisen Centrobank     6.344   12/27/2019   EUR     74.510
Raiffeisen Schweiz Gen    7.200    2/19/2020   CHF     70.280
Leonteq Securities AG/    2.300     2/8/2023   CHF     51.310
UniCredit Bank AG         5.350     3/5/2021   EUR     71.200
UniCredit Bank AG         5.100     3/5/2021   EUR     68.960
UniCredit Bank AG         4.650     3/5/2021   EUR     71.980
DekaBank Deutsche Giro    3.700     3/6/2020   EUR     60.620
Raiffeisen Schweiz Gen    7.500     2/5/2020   CHF     70.760
Leonteq Securities AG/    7.000     2/5/2020   CHF     22.740
Raiffeisen Schweiz Gen    6.070    1/29/2020   CHF     68.270
UniCredit Bank AG         4.200    2/19/2022   EUR     57.310
UniCredit Bank AG        12.900     1/3/2020   EUR     64.720
UniCredit Bank AG        14.500     1/3/2020   EUR     52.050
UniCredit Bank AG        10.400     1/3/2020   EUR     45.390
UniCredit Bank AG         5.200     1/3/2020   EUR     59.340
UniCredit Bank AG        10.900     1/3/2020   EUR     38.420
UniCredit Bank AG         7.800     1/3/2020   EUR     70.820
UniCredit Bank AG        14.700     1/3/2020   EUR     38.580
UniCredit Bank AG         5.700     1/3/2020   EUR     67.240
UniCredit Bank AG         8.600     1/3/2020   EUR     49.400
UniCredit Bank AG        14.700     1/3/2020   EUR     70.580
UniCredit Bank AG        10.200     1/3/2020   EUR     64.730
UniCredit Bank AG         8.100     1/3/2020   EUR     67.170
UniCredit Bank AG         5.200     1/3/2020   EUR     56.800
UniCredit Bank AG        12.200     1/3/2020   EUR     61.760
UniCredit Bank AG         8.900     1/3/2020   EUR     49.100
UniCredit Bank AG        13.800     1/3/2020   EUR     44.460
UniCredit Bank AG        13.600     1/3/2020   EUR     39.460
UniCredit Bank AG        13.900     1/3/2020   EUR     48.290
UniCredit Bank AG        11.600     1/3/2020   EUR     72.870
UniCredit Bank AG         6.400     1/3/2020   EUR     66.710
UniCredit Bank AG        12.700     1/3/2020   EUR     66.280
UniCredit Bank AG        11.200     1/3/2020   EUR     46.630
UniCredit Bank AG         8.300     1/3/2020   EUR     74.250
Leonteq Securities AG     3.800    2/15/2021   CHF     37.150
Credit Suisse AG/Nassa    5.500    2/17/2020   CHF     69.420
UBS AG/London             6.500    7/31/2020   CHF     63.400
UBS AG/London             7.500    7/31/2020   EUR     43.900
UBS AG/London             7.250    1/31/2020   EUR     73.500
UBS AG/London             6.500    1/31/2020   USD     44.950
EFG International Fina    7.800    2/16/2021   USD     68.700
UniCredit Bank AG        11.200     1/3/2020   EUR     59.350
UniCredit Bank AG        12.700     1/3/2020   EUR     49.080
UniCredit Bank AG        14.900     1/3/2020   EUR     45.700
UniCredit Bank AG         4.400     1/3/2020   EUR     49.310
UniCredit Bank AG         8.300     1/3/2020   EUR     73.830
UniCredit Bank AG        11.500     1/3/2020   EUR     68.040
UniCredit Bank AG         7.800     1/3/2020   EUR     73.070
UniCredit Bank AG         4.300     1/3/2020   EUR     53.230
UniCredit Bank AG         5.800     1/3/2020   EUR     21.050
UniCredit Bank AG         4.900     1/3/2020   EUR     55.570
UniCredit Bank AG         4.200     1/3/2020   EUR     73.490
UniCredit Bank AG         5.100     1/3/2020   EUR     60.110
UniCredit Bank AG        14.200     1/3/2020   EUR     41.600
UniCredit Bank AG         8.900     1/3/2020   EUR     61.550
UniCredit Bank AG        13.700     1/3/2020   EUR     68.770
UniCredit Bank AG        14.800     1/3/2020   EUR     61.480
Leonteq Securities AG/    7.500     2/6/2020   CHF     64.120
UBS AG/London             6.000    1/31/2020   CHF     58.550
UBS AG/London             5.250    1/31/2020   CHF     35.900
UBS AG/London             6.750    7/31/2020   CHF     66.050
UBS AG/London             7.250    1/31/2020   EUR     70.350
UBS AG/London             5.500    1/31/2020   EUR     62.800
UBS AG/London             6.000    1/31/2020   EUR     58.550
EFG International Fina    7.000    2/15/2021   CHF     73.710
EFG International Fina    7.800    2/15/2021   EUR     64.880
Raiffeisen Schweiz Gen    5.250     2/9/2021   CHF     44.380
Raiffeisen Schweiz Gen    7.000    2/12/2020   CHF     67.910
Societe Generale SA       9.000     2/3/2021   USD     55.600
Vontobel Financial Pro    6.100    1/30/2020   EUR     68.260
DekaBank Deutsche Giro    3.500    8/21/2020   EUR     68.920
Corner Banca SA           7.600     2/2/2021   CHF     66.690
DekaBank Deutsche Giro    2.050   12/11/2020   EUR     67.170
DekaBank Deutsche Giro    2.750   12/11/2020   EUR     56.350
DekaBank Deutsche Giro    4.250    8/21/2020   EUR     74.300
DekaBank Deutsche Giro    6.550    8/21/2020   EUR     62.370
DekaBank Deutsche Giro    3.000    8/27/2021   EUR     66.610
Landesbank Hessen-Thue    3.500     3/9/2022   EUR     72.180
DekaBank Deutsche Giro    2.050    2/14/2020   EUR     56.020
UBS AG/London             5.000     2/7/2020   CHF     68.500
UniCredit Bank AG         8.400   12/29/2020   EUR     71.740
UniCredit Bank AG         6.600   12/29/2020   EUR     54.030
UniCredit Bank AG         7.200   12/29/2020   EUR     31.150
UniCredit Bank AG         6.500   12/29/2020   EUR     31.220
UniCredit Bank AG         8.000   12/29/2020   EUR     72.480
UniCredit Bank AG         7.200   12/29/2020   EUR     69.220
UniCredit Bank AG        12.900     1/3/2020   EUR     28.490
Societe Generale SA       8.000     8/9/2022   USD     36.750
Landesbank Hessen-Thue    3.500     9/8/2022   EUR     60.580
UBS AG/London            15.200    3/26/2020   EUR     64.970
UBS AG/London            17.600     1/2/2020   EUR     74.460
Vontobel Financial Pro    4.600    10/8/2020   EUR     71.470
DZ Bank AG Deutsche Ze    6.500   12/23/2019   EUR     74.640
Vontobel Financial Pro   12.000     1/3/2020   EUR     66.130
Vontobel Financial Pro   16.500     1/3/2020   EUR     60.210
Vontobel Financial Pro   10.000     1/3/2020   EUR     69.750
Raiffeisen Centrobank     8.362   12/27/2019   EUR     66.000
Landesbank Baden-Wuert    4.500   11/22/2019   EUR     67.950
Landesbank Baden-Wuert    2.500   11/22/2019   EUR     45.750
Landesbank Baden-Wuert    4.500   11/22/2019   EUR     52.370
Vontobel Financial Pro   11.000     1/3/2020   EUR     70.200
Vontobel Financial Pro   12.000     1/3/2020   EUR     68.720
UBS AG/London            11.000    11/7/2019   EUR     40.150
UBS AG/London             9.000    5/14/2020   CHF     70.500
Vontobel Financial Pro   12.030   11/15/2019   EUR     72.540
Zurcher Kantonalbank F    7.500   11/15/2019   USD     54.840
Credit Suisse AG/Londo    9.750    2/18/2020   USD     59.070
Vontobel Financial Pro    8.500   12/13/2019   EUR     50.447
Commerzbank AG           16.000   12/31/2019   EUR     59.820
Raiffeisen Centrobank    10.181    6/23/2020   EUR     68.670
UBS AG/London             8.400    3/26/2020   EUR     70.800
UBS AG/London            21.600     1/2/2020   EUR     71.500
UBS AG/London             4.800    3/26/2020   EUR     74.310
Landesbank Baden-Wuert    5.750    8/27/2021   EUR     74.510
UBS AG/London            13.700     1/2/2020   EUR     70.570
Vontobel Financial Pro   11.000    3/27/2020   EUR     74.120
Vontobel Financial Pro   11.500    6/26/2020   EUR     71.050
Zurcher Kantonalbank F    8.500    7/10/2020   CHF     74.000
Deutsche Bank AG          4.200    9/22/2020   EUR     73.500
Deutsche Bank AG          4.200   12/24/2019   EUR     59.400
Deutsche Bank AG          4.200    9/22/2020   EUR     66.200
Deutsche Bank AG          4.200   12/22/2020   EUR     61.500
UniCredit Bank AG         3.200    9/10/2022   EUR     74.420
Commerzbank AG           12.250   12/31/2019   EUR     64.190
UBS AG/London             7.000     5/4/2020   CHF     68.350
Raiffeisen Schweiz Gen    7.500    5/25/2020   CHF     26.090
Raiffeisen Schweiz Gen    6.450    5/25/2020   CHF     66.670
BNP Paribas Emissions-    5.000   12/30/2019   EUR     61.300
BNP Paribas Emissions-    5.000   12/30/2019   EUR     51.450
UniCredit Bank AG         8.300   12/29/2020   EUR     67.840
UniCredit Bank AG         7.500   12/29/2020   EUR     64.430
UniCredit Bank AG         8.100   12/29/2020   EUR     52.270
UniCredit Bank AG        10.900   12/29/2020   EUR     69.750
UniCredit Bank AG         8.300   12/29/2020   EUR     52.370
UBS AG/London            11.000    8/24/2020   CHF     75.050
Vontobel Financial Pro    7.500    9/25/2020   EUR     60.740
Vontobel Financial Pro   11.500    9/25/2020   EUR     64.178
Vontobel Financial Pro    9.000   12/31/2019   EUR     57.810
Leonteq Securities AG/   10.000    8/31/2020   EUR     73.240
Leonteq Securities AG/   10.400    12/3/2019   EUR     55.910
Leonteq Securities AG    12.000   11/20/2019   CHF     53.270
Vontobel Financial Pro   15.500    6/25/2020   EUR     71.960
Landesbank Hessen-Thue    3.150    9/28/2020   EUR     66.800
Raiffeisen Centrobank     9.755    3/24/2020   EUR     70.860
DZ Bank AG Deutsche Ze    6.250   12/23/2019   EUR     62.540
DZ Bank AG Deutsche Ze    4.750   12/23/2019   EUR     65.710
DZ Bank AG Deutsche Ze    4.300   12/23/2019   EUR     73.950
UBS AG/London             6.500    2/24/2020   CHF     53.100
UBS AG/London             9.000    8/24/2020   CHF     71.100
UBS AG/London            10.000    8/24/2020   CHF     70.950
Vontobel Financial Pro    5.500    6/26/2020   EUR     66.490
Vontobel Financial Pro    7.500    6/26/2020   EUR     58.950
Vontobel Financial Pro   13.000    9/25/2020   EUR     65.580
Raiffeisen Schweiz Gen    7.200    2/24/2020   CHF     65.930
Leonteq Securities AG/    8.000    12/4/2019   CHF     75.380
UBS AG/London             6.000    2/24/2020   CHF     65.650
UBS AG/London             9.000    8/24/2020   EUR     68.350
UBS AG/London            11.000    8/24/2020   CHF     62.500
Vontobel Financial Pro   11.500   12/31/2019   EUR     74.760
Vontobel Financial Pro    8.000   12/31/2019   EUR     59.200
Vontobel Financial Pro    7.000   12/31/2019   EUR     60.310
Credit Suisse AG/Nassa    8.250   10/31/2019   CHF     71.960
Vontobel Financial Pro   13.500    6/25/2020   EUR     70.630
Vontobel Financial Pro   14.000   12/31/2019   EUR     60.250
UniCredit Bank AG         4.750    9/18/2020   EUR     70.280
Raiffeisen Schweiz Gen    7.000    12/6/2019   CHF     68.860
DZ Bank AG Deutsche Ze    4.750   12/23/2019   EUR     74.060
Landesbank Baden-Wuert    3.500    8/28/2020   EUR     68.190
Landesbank Baden-Wuert    4.500    8/28/2020   EUR     66.370
Landesbank Baden-Wuert    4.000    8/28/2020   EUR     74.270
Vontobel Financial Pro   11.000    3/27/2020   EUR     57.030
Landesbank Baden-Wuert    2.500    8/28/2020   EUR     57.640
UBS AG/London             7.800     1/2/2020   EUR     68.830
UBS AG/London             3.800    9/24/2020   EUR     71.210
UBS AG/London            11.700     1/2/2020   EUR     67.260
UBS AG/London            13.000    3/26/2020   EUR     73.390
Leonteq Securities AG/   13.000   12/10/2019   USD     73.360
Leonteq Securities AG    12.600   12/10/2019   CHF     64.330
Landesbank Baden-Wuert    7.000    8/28/2020   EUR     74.760
Vontobel Financial Pro   12.000     1/3/2020   EUR     54.690
UBS AG/London            21.900     1/2/2020   EUR     74.420
UBS AG/London            25.000     1/2/2020   EUR     73.200
UBS AG/London             6.250     3/2/2020   CHF     65.300
UBS AG/London             9.000    8/31/2020   CHF     68.800
Leonteq Securities AG/    9.000   12/10/2019   CHF     67.450
Vontobel Financial Pro    5.000    3/20/2020   EUR     61.222
UniCredit Bank AG         3.800    8/30/2023   EUR     59.190
Credit Suisse AG/Nassa    7.750    2/24/2020   EUR     71.060
UBS AG/London            12.000    2/24/2020   USD     42.780
Vontobel Financial Pro    4.000    9/25/2020   EUR     70.330
Vontobel Financial Pro    6.000    9/25/2020   EUR     67.030
Leonteq Securities AG/   10.000    12/4/2019   CHF     40.990
Leonteq Securities AG/   10.500    12/4/2019   CHF     65.360
Vontobel Financial Pro   16.000    6/25/2020   EUR     72.270
Raiffeisen Schweiz Gen    7.300     3/5/2020   CHF     64.790
Raiffeisen Schweiz Gen    6.000     3/5/2020   CHF     65.220
Credit Suisse AG/Nassa    6.250    12/3/2019   CHF     72.610
Vontobel Financial Pro   10.000   12/31/2019   EUR     71.610
Vontobel Financial Pro   10.000   12/31/2019   EUR     60.300
Landesbank Baden-Wuert    7.000    8/28/2020   EUR     67.190
Landesbank Baden-Wuert    2.500    8/28/2020   EUR     63.520
Landesbank Baden-Wuert    4.000    8/28/2020   EUR     75.550
Landesbank Baden-Wuert    5.000    8/28/2020   EUR     37.740
Landesbank Baden-Wuert    6.000    8/28/2020   EUR     67.110
Landesbank Baden-Wuert    6.500    8/28/2020   EUR     73.140
Vontobel Financial Pro    9.000     1/3/2020   EUR     54.150
Credit Suisse AG/Londo    4.590    2/28/2020   EUR     52.540
UBS AG/London            14.300     1/2/2020   EUR     73.420
UBS AG/London            25.200     1/2/2020   EUR     71.630
DekaBank Deutsche Giro    7.250     4/1/2021   EUR     68.840
UBS AG/London            10.000    8/31/2020   CHF     73.250
Corner Banca SA           9.000   12/10/2019   CHF     73.290
UniCredit Bank AG         5.750     7/9/2020   EUR     72.630
Vontobel Financial Pro    2.000    3/27/2020   EUR     76.570
Vontobel Financial Pro   11.000    6/26/2020   EUR     61.073
Vontobel Financial Pro    5.000    6/26/2020   EUR     57.220
Vontobel Financial Pro    5.000    3/27/2020   EUR     59.210
Vontobel Financial Pro    2.500    6/26/2020   EUR     69.280
Fonciere Volta SA         4.500    7/30/2020   EUR      2.360
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     74.870
Landesbank Baden-Wuert    4.500    4/24/2020   EUR     70.130
Landesbank Baden-Wuert    6.000    4/24/2020   EUR     74.430
Vontobel Financial Pro    3.500    3/27/2020   EUR     69.130
Vontobel Financial Pro   11.500    3/27/2020   EUR     71.890
Leonteq Securities AG    14.000    6/12/2020   CHF     51.390
HSBC Trinkaus & Burkha    3.000    8/10/2020   EUR     62.350
HSBC Trinkaus & Burkha    2.250    4/22/2020   EUR     70.480
UniCredit Bank AG         3.750    10/2/2020   EUR     28.830
BNP Paribas Emissions-   16.000    3/26/2020   EUR     75.170
BNP Paribas Emissions-   16.000   12/30/2019   EUR     74.070
Landesbank Hessen-Thue    6.200    7/24/2020   EUR     67.410
Raiffeisen Schweiz Gen    3.400    3/21/2025   CHF     62.250
Landesbank Hessen-Thue    6.400    8/18/2020   EUR     69.930
Landesbank Hessen-Thue    8.000    5/15/2020   EUR     37.360
Deutsche Bank AG          4.200   12/24/2019   EUR     69.630
Deutsche Bank AG          4.200   12/24/2019   EUR     66.600
Deutsche Bank AG          4.200   12/24/2019   EUR     65.100
Deutsche Bank AG          4.200   12/24/2019   EUR     62.500
Deutsche Bank AG          4.200   12/24/2019   EUR     59.800
Deutsche Bank AG          4.200   12/24/2019   EUR     74.450
Vontobel Financial Pro    7.000   12/31/2019   EUR     72.000
Landesbank Baden-Wuert    5.000    3/27/2020   EUR     72.910
Landesbank Baden-Wuert    3.000    3/27/2020   EUR     73.100
UniCredit Bank AG         3.800    7/23/2020   EUR     28.430
Landesbank Baden-Wuert    5.000    3/27/2020   EUR     72.920
DZ Bank AG Deutsche Ze    5.700   12/23/2019   EUR     71.530
Luzerner Kantonalbank     6.000     4/8/2020   CHF     72.480
Goldman Sachs & Co Wer   14.000   12/27/2019   EUR     72.850
Goldman Sachs & Co Wer   20.000   12/27/2019   EUR     68.090
Deutsche Bank AG          4.200   12/24/2019   EUR     39.800
Deutsche Bank AG          4.200   12/24/2019   EUR     37.400
Deutsche Bank AG          4.200   12/24/2019   EUR     72.200
Deutsche Bank AG          4.200   12/24/2019   EUR     68.000
Deutsche Bank AG          4.200   12/24/2019   EUR     64.300
Deutsche Bank AG          4.200   12/24/2019   EUR     60.900
Deutsche Bank AG          4.200   12/24/2019   EUR     57.500
Deutsche Bank AG          4.200   12/24/2019   EUR     64.400
Deutsche Bank AG          4.200   12/24/2019   EUR     58.600
DZ Bank AG Deutsche Ze    8.750   12/27/2019   EUR     69.870
UBS AG/London            10.000    9/28/2020   EUR     55.500
BNP Paribas Emissions-   16.000    6/25/2020   EUR     75.270
Landesbank Hessen-Thue    8.400     5/8/2020   EUR     50.180
Bank Julius Baer & Co     9.300    3/16/2020   USD     53.650
Landesbank Hessen-Thue    6.400     9/4/2020   EUR     72.680
Landesbank Hessen-Thue    7.400    6/12/2020   EUR     72.730
Bank Julius Baer & Co     7.000    3/23/2020   CHF     73.100
Landesbank Hessen-Thue    9.500    5/15/2020   EUR     43.780
DekaBank Deutsche Giro    2.900   10/29/2019   EUR     72.400
Commerzbank AG           18.250   12/31/2019   EUR     67.680
HSBC Trinkaus & Burkha    1.750    3/27/2020   EUR     73.260
HSBC Trinkaus & Burkha    2.750    3/27/2020   EUR     69.820
DZ Bank AG Deutsche Ze    6.500   12/23/2019   EUR     73.590
DZ Bank AG Deutsche Ze    8.250   12/23/2019   EUR     67.480
Deutsche Bank AG          6.200   12/24/2019   EUR     73.070
Goldman Sachs & Co Wer   23.000   12/27/2019   EUR     66.040
HSBC Trinkaus & Burkha    4.170    3/27/2020   EUR     67.970
Landesbank Baden-Wuert    2.500   12/27/2021   EUR     71.150
Deutsche Bank AG          4.200   12/24/2019   EUR     72.750
Deutsche Bank AG          4.200   12/24/2019   EUR     70.710
Deutsche Bank AG          4.200   12/24/2019   EUR     72.400
Vontobel Financial Pro    8.000   12/31/2019   EUR     72.170
Landesbank Hessen-Thue    8.900    10/6/2020   EUR     38.120
Landesbank Baden-Wuert    5.000    3/27/2020   EUR     68.820
Landesbank Baden-Wuert    7.000    3/27/2020   EUR     68.810
DZ Bank AG Deutsche Ze    7.500   12/23/2019   EUR     61.770
UBS AG/London             6.000    5/18/2020   CHF     59.950
UBS AG/London            10.000    5/18/2020   CHF     55.950
Landesbank Hessen-Thue    2.350   12/21/2020   EUR     69.100
BNP Paribas Emissions-    8.000   12/30/2019   EUR     59.190
BNP Paribas Emissions-    5.000   12/30/2019   EUR     74.160
BNP Paribas Emissions-    8.000   12/30/2019   EUR     74.310
UniCredit Bank AG        10.100     1/3/2020   EUR     65.930
BNP Paribas Emissions-    4.000   12/30/2019   EUR     52.580
UniCredit Bank AG         7.900   12/29/2020   EUR     69.430
BNP Paribas Emissions-    5.000   12/30/2019   EUR     74.200
UniCredit Bank AG         6.800   12/29/2020   EUR     52.660
BNP Paribas Emissions-    5.000   12/30/2019   EUR     50.380
BNP Paribas Emissions-    7.000   12/30/2019   EUR     51.060
UniCredit Bank AG         6.700   12/29/2020   EUR     72.250
UniCredit Bank AG         6.000   12/29/2020   EUR     61.880
UniCredit Bank AG         9.200   12/29/2020   EUR     61.110
UniCredit Bank AG         8.500   12/29/2020   EUR     53.900
UniCredit Bank AG         6.600   12/29/2020   EUR     63.190
UniCredit Bank AG        14.800   12/29/2020   EUR     35.320
UniCredit Bank AG        11.200   12/29/2020   EUR     54.280
UniCredit Bank AG         9.500   12/29/2020   EUR     73.170
UniCredit Bank AG         7.000   12/29/2020   EUR     53.750
UniCredit Bank AG        12.000   12/29/2020   EUR     60.470
UniCredit Bank AG         7.900   12/29/2020   EUR     67.650
UniCredit Bank AG         5.000     1/3/2020   EUR     68.270
BNP Paribas Emissions-    8.500   12/30/2019   EUR     59.530
BNP Paribas Emissions-    9.500   12/30/2019   EUR     61.630
BNP Paribas Emissions-   10.000   12/30/2019   EUR     62.760
BNP Paribas Emissions-   11.000   12/30/2019   EUR     60.670
BNP Paribas Emissions-    9.000   12/30/2019   EUR     74.730
BNP Paribas Emissions-    9.500   12/30/2019   EUR     63.960
Deutsche Bank AG          4.200   12/24/2019   EUR     75.100
Deutsche Bank AG          4.200   12/22/2020   EUR     73.600
Vontobel Financial Pro    4.450   12/31/2019   EUR     64.530
UBS AG/London            11.000     5/4/2020   USD     68.500
UBS AG/London             9.500   11/16/2020   USD     56.650
Raiffeisen Schweiz Gen    6.000    5/25/2020   EUR     65.960
BNP Paribas Emissions-    5.000   12/30/2019   EUR     67.720
BNP Paribas Emissions-    6.000   12/30/2019   EUR     67.890
UniCredit Bank AG        12.000     1/3/2020   EUR     72.030
Leonteq Securities AG/    5.200    6/12/2020   CHF     57.880
Landesbank Baden-Wuert    3.650   11/22/2019   EUR     62.560
Goldman Sachs & Co Wer   10.000    2/26/2020   EUR     72.360
Raiffeisen Schweiz Gen    4.400    12/9/2019   CHF     31.260
Bank Julius Baer & Co     8.100     5/5/2020   USD     66.450
Goldman Sachs & Co Wer    9.000   12/27/2019   EUR     70.640
Goldman Sachs & Co Wer    9.000    1/22/2020   EUR     71.220
Landesbank Hessen-Thue    4.000     7/7/2021   EUR     66.090
Vontobel Financial Pro   10.500    6/26/2020   EUR     60.650
Landesbank Hessen-Thue    4.000    1/13/2021   EUR     47.900
Corner Banca SA           8.600    6/16/2020   CHF     70.220
Corner Banca SA           7.600    6/16/2020   CHF     59.960
DekaBank Deutsche Giro    3.000    6/21/2021   EUR     37.490
Vontobel Financial Pro    5.000    3/27/2020   EUR     66.880
Vontobel Financial Pro    8.000    3/27/2020   EUR     63.960
Vontobel Financial Pro    9.500    3/27/2020   EUR     62.690
Vontobel Financial Pro   17.000    3/27/2020   EUR     60.890
Landesbank Hessen-Thue    2.750    1/13/2021   EUR     73.800
UBS AG/London            15.000    8/21/2020   CHF     74.610
Bank Julius Baer & Co     8.150    5/26/2020   EUR     75.250
Zurcher Kantonalbank F    8.500    5/29/2020   CHF     76.260
Vontobel Financial Pro   10.300   11/25/2019   EUR     65.680
Sviaz Bank OAO            8.100    12/9/2021   RUB    100.000
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     74.050
Landesbank Baden-Wuert    6.000    4/24/2020   EUR     69.980
Landesbank Hessen-Thue    7.770    7/15/2021   EUR     27.220
Landesbank Hessen-Thue    4.000    4/29/2020   EUR     69.630
Landesbank Hessen-Thue    7.000    4/29/2022   EUR     51.170
Fast Finance SA          10.500    1/15/2021   PLN
Leonteq Securities AG/    5.000    1/20/2020   CHF     28.590
Leonteq Securities AG/    5.000   12/27/2019   EUR     58.900
Leonteq Securities AG/    3.400    3/20/2024   CHF     57.900
EFG International Fina    7.200    7/29/2020   EUR      8.870
SG Issuer SA              5.000    7/10/2021   EUR     12.500
Commerzbank AG           16.000   12/31/2019   EUR     74.370
Commerzbank AG           16.500   12/31/2019   EUR     64.710
Vontobel Financial Pro    6.500    3/27/2020   EUR     59.571
Vontobel Financial Pro    5.500    6/26/2020   EUR     57.272
Vontobel Financial Pro    8.500    3/27/2020   EUR     60.456
Vontobel Financial Pro    9.000    6/26/2020   EUR     59.690
DekaBank Deutsche Giro    2.500    7/29/2020   EUR     68.150
Commerzbank AG           10.250   11/22/2019   EUR     70.610
Vontobel Financial Pro    5.000    3/27/2020   EUR     54.834
Vontobel Financial Pro    6.500    3/27/2020   EUR     55.461
Vontobel Financial Pro    6.000    6/26/2020   EUR     53.750
Vontobel Financial Pro    5.000    6/26/2020   EUR     53.370
Vontobel Financial Pro    9.000    6/26/2020   EUR     55.859
Vontobel Financial Pro   12.000    6/26/2020   EUR     73.560
Vontobel Financial Pro   13.000    3/27/2020   EUR     72.630
Getin Noble Bank SA       6.790    11/9/2023   PLN     72.000
Leonteq Securities AG     7.000    11/1/2019   EUR     73.130
Vontobel Financial Pro   13.500    6/25/2020   EUR     70.620
Vontobel Financial Pro    4.000    6/26/2020   EUR     72.210
Vontobel Financial Pro    9.500    6/26/2020   EUR     64.460
Credit Suisse AG/Londo   10.000    4/20/2020   USD     64.460
Leonteq Securities AG     9.200    7/23/2020   CHF     75.380
Vontobel Financial Pro    7.500    6/26/2020   EUR     54.785
Societe Generale SA       8.900    11/1/2021   USD     67.700
Pongs & Zahn AG           8.500                EUR      0.002
Vontobel Financial Pro    6.500    6/26/2020   EUR     67.710
Vontobel Financial Pro    9.500    3/27/2020   EUR     66.600
Vontobel Financial Pro   13.000    3/27/2020   EUR     64.140
Commerzbank AG            8.750    3/27/2020   EUR     73.220
Commerzbank AG           10.750    3/27/2020   EUR     70.760
Commerzbank AG           12.000    3/27/2020   EUR     70.330
DZ Bank AG Deutsche Ze   11.500    2/26/2020   EUR     70.620
Vontobel Financial Pro    8.500    3/27/2020   EUR     50.630
Vontobel Financial Pro    5.500    3/27/2020   EUR     55.330
Vontobel Financial Pro   12.000    3/27/2020   EUR     47.300
Vontobel Financial Pro   11.000    3/27/2020   EUR     66.770
Vontobel Financial Pro    9.000     1/3/2020   EUR     48.880
Vontobel Financial Pro    7.000     1/3/2020   EUR     51.460
Landesbank Baden-Wuert    4.000    1/24/2020   EUR     52.620
Landesbank Baden-Wuert    6.500    1/24/2020   EUR     48.950
Commerzbank AG            6.750    3/27/2020   EUR     69.370
Commerzbank AG           10.750    3/27/2020   EUR     63.580
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     62.670
Landesbank Baden-Wuert    5.000    2/28/2020   EUR     71.230
Landesbank Baden-Wuert    7.500    2/28/2020   EUR     66.190
Leonteq Securities AG/   15.600     4/8/2020   EUR     64.000
Vontobel Financial Pro   14.000    3/27/2020   EUR     74.250
Vontobel Financial Pro   17.500    6/26/2020   EUR     70.330
UniCredit Bank AG         6.400    5/11/2020   EUR     65.570
Commerzbank AG           11.000   12/31/2019   EUR     66.870
Leonteq Securities AG/   18.400     4/8/2020   USD     64.560
UBS AG/London            10.000    8/20/2020   EUR     74.200
Commerzbank AG            8.750   12/31/2019   EUR     73.460
Commerzbank AG            3.000   12/31/2019   EUR     72.130
Commerzbank AG           12.000   12/31/2019   EUR     62.110
Vontobel Financial Pro   13.000    6/26/2020   EUR     66.540
Vontobel Financial Pro   11.500    6/26/2020   EUR     74.920
Vontobel Financial Pro   16.000    3/27/2020   EUR     75.050
BNP Paribas Emissions-    5.500    3/26/2020   EUR     74.780
BNP Paribas Emissions-    7.000    3/26/2020   EUR     71.550
BNP Paribas Emissions-    8.500    3/26/2020   EUR     68.670
BNP Paribas Emissions-   10.000    3/26/2020   EUR     67.140
BNP Paribas Emissions-   14.000    3/26/2020   EUR     63.950
BNP Paribas Emissions-    5.000    9/24/2020   EUR     75.100
BNP Paribas Emissions-    5.500    9/24/2020   EUR     73.020
BNP Paribas Emissions-    7.000    9/24/2020   EUR     70.860
BNP Paribas Emissions-    8.500    9/24/2020   EUR     69.010
BNP Paribas Emissions-   12.000    9/24/2020   EUR     65.750
BNP Paribas Emissions-   12.000   12/24/2020   EUR     75.020
Vontobel Financial Pro    6.000     1/3/2020   EUR     50.845
Vontobel Financial Pro    6.000     1/3/2020   EUR     68.280
Vontobel Financial Pro    7.000     1/3/2020   EUR     66.120
Vontobel Financial Pro   10.500    3/27/2020   EUR     62.200
Vontobel Financial Pro    5.000    3/27/2020   EUR     70.370
Vontobel Financial Pro    3.500    3/27/2020   EUR     66.320
Deutsche Bank AG          6.200    3/24/2020   EUR     70.800
Raiffeisen Schweiz Gen    6.250    4/27/2020   CHF     60.690
Raiffeisen Schweiz Gen    7.250    4/27/2020   CHF     69.560
Societe Generale SA      13.200    4/29/2020   USD     40.720
BNP Paribas Emissions-    6.000    9/24/2020   EUR     70.140
Vontobel Financial Pro    5.000    6/25/2020   EUR     65.800
Vontobel Financial Pro   12.500    3/27/2020   EUR     57.650
BNP Paribas Emissions-   19.000   12/30/2019   EUR     70.640
Vontobel Financial Pro    4.500     1/3/2020   EUR     50.370
Vontobel Financial Pro    3.500    3/27/2020   EUR     50.920
Bank Julius Baer & Co     6.400    2/21/2020   EUR     64.200
BNP Paribas Emissions-    4.000   12/30/2019   EUR     71.430
BNP Paribas Emissions-   12.000    3/26/2020   EUR     63.260
BNP Paribas Emissions-    3.000   12/30/2019   EUR     73.960
BNP Paribas Emissions-   14.000    3/26/2020   EUR     71.830
Vontobel Financial Pro    6.550    6/26/2020   EUR     70.950
Landesbank Baden-Wuert    5.400    7/24/2020   EUR     71.680
Vontobel Financial Pro    7.500    6/25/2020   EUR     56.980
Vontobel Financial Pro   12.000    6/25/2020   EUR     60.260
Vontobel Financial Pro    9.500    3/27/2020   EUR     56.410
Landesbank Baden-Wuert   14.420   11/22/2019   EUR     61.300
Deutsche Bank AG          6.200    9/22/2020   EUR     75.400
Deutsche Bank AG          6.200   12/22/2020   EUR     70.800
UBS AG/London            10.000    8/20/2020   EUR     73.950
Commerzbank AG            8.250   12/31/2019   EUR     69.530
Zurcher Kantonalbank F   12.250    2/27/2020   USD     63.900
BNP Paribas Emissions-    5.000    9/24/2020   EUR     71.500
HSBC Trinkaus & Burkha    6.600   12/27/2019   EUR     24.070
HSBC Trinkaus & Burkha    3.200   12/27/2019   EUR     23.520
HSBC Trinkaus & Burkha    3.500   12/27/2019   EUR     58.580
HSBC Trinkaus & Burkha    3.400   12/27/2019   EUR     65.570
Landesbank Baden-Wuert    5.000    6/26/2020   EUR     51.570
Credit Suisse AG/Londo   11.250    5/15/2020   USD     59.500
Zurcher Kantonalbank F   10.750    5/21/2021   CHF     73.020
DZ Bank AG Deutsche Ze   10.250   12/27/2019   EUR     73.120
DZ Bank AG Deutsche Ze    8.500    3/25/2020   EUR     74.700
DZ Bank AG Deutsche Ze    8.500    6/24/2020   EUR     74.780
DZ Bank AG Deutsche Ze   11.000    6/24/2020   EUR     72.920
Vontobel Financial Pro   18.000    6/12/2020   EUR     72.800
Vontobel Financial Pro    8.000    6/12/2020   EUR     58.705
Vontobel Financial Pro    6.000    6/12/2020   EUR     57.402
Vontobel Financial Pro   10.000    6/12/2020   EUR     59.999
Vontobel Financial Pro    4.500    6/12/2020   EUR     56.710
Vontobel Financial Pro   18.500    3/13/2020   EUR     68.270
Vontobel Financial Pro   17.000    6/12/2020   EUR     72.620
Commerzbank AG           12.500   12/31/2019   EUR     64.220
UniCredit Bank AG         5.400    9/25/2020   EUR     72.110
Commerzbank AG           20.250   12/31/2019   EUR     72.900
Commerzbank AG           12.750    1/24/2020   EUR     72.650
Commerzbank AG           10.000    4/24/2020   EUR     74.960
Commerzbank AG           12.000    4/24/2020   EUR     72.890
Commerzbank AG           18.250   12/31/2019   EUR     74.430
Commerzbank AG           10.750    1/24/2020   EUR     74.780
Commerzbank AG           12.500    3/27/2020   EUR     72.420
DekaBank Deutsche Giro    2.700     7/1/2020   EUR     75.910
Credit Suisse AG/Londo    6.250   10/31/2025   USD     11.534
Citigroup Global Marke    7.000    6/16/2022   SEK     64.400
Landesbank Baden-Wuert    2.400    7/24/2020   EUR     68.680
Getin Noble Bank SA       5.790    6/28/2024   PLN     70.000
Leonteq Securities AG/    6.000    6/23/2020   CHF     57.960
Leonteq Securities AG/    8.000   12/27/2019   CHF     69.470
Getin Noble Bank SA       6.290    5/31/2024   PLN     71.200
Landesbank Baden-Wuert    3.500    6/26/2020   EUR     68.450
UniCredit Bank AG         5.500     7/9/2021   EUR     66.410
BNP Paribas Emissions-   15.000    6/25/2020   EUR     73.590
BNP Paribas Emissions-   17.000   12/30/2019   EUR     65.430
Landesbank Baden-Wuert    3.200    7/24/2020   EUR     57.570
BNP Paribas Emissions-    5.500   12/24/2020   EUR     74.230
BNP Paribas Emissions-    7.500   12/24/2020   EUR     69.930
BNP Paribas Emissions-    9.500   12/24/2020   EUR     68.450
BNP Paribas Emissions-   21.000   12/30/2019   EUR     67.050
Landesbank Baden-Wuert    3.150   11/22/2019   EUR     62.520
BNP Paribas Emissions-   14.000    3/26/2020   EUR     74.800
UniCredit Bank AG         3.600    7/18/2021   EUR     60.650
BNP Paribas Emissions-    9.000   12/24/2020   EUR     69.710
BNP Paribas Emissions-   12.000   12/30/2019   EUR     65.160
BNP Paribas Emissions-   15.000   12/30/2019   EUR     75.280
BNP Paribas Emissions-    9.500   12/30/2019   EUR     66.910
Vontobel Financial Pro   14.500    3/27/2020   EUR     55.690
BNP Paribas Emissions-   22.000   12/30/2019   EUR     71.890
BNP Paribas Emissions-    7.000   12/24/2020   EUR     72.510
BNP Paribas Emissions-   13.000   12/30/2019   EUR     74.900
BNP Paribas Emissions-   18.000    3/26/2020   EUR     70.590
BNP Paribas Emissions-   16.000   12/30/2019   EUR     71.780
BNP Paribas Emissions-   17.000    3/26/2020   EUR     72.770
Raiffeisen Schweiz Gen    5.200   11/11/2020   CHF     62.100
DZ Bank AG Deutsche Ze    5.000    6/24/2020   EUR     68.510
Banque Cantonale Vaudo    8.000   11/15/2019   CHF     59.960
Landesbank Baden-Wuert    4.500    6/26/2020   EUR     70.650
Landesbank Baden-Wuert    5.250    6/26/2020   EUR     62.630
Zurcher Kantonalbank F   12.000    3/27/2020   CHF     69.000
Finca Uco Cjsc            6.000    2/25/2022   USD     25.791
HSBC Trinkaus & Burkha   10.300    6/26/2020   EUR     62.320
HSBC Trinkaus & Burkha   10.300    1/24/2020   EUR     61.300
HSBC Trinkaus & Burkha    9.400    7/24/2020   EUR     63.390
HSBC Trinkaus & Burkha    7.200    6/26/2020   EUR     68.520
Vontobel Financial Pro    7.000    3/27/2020   EUR     64.580
Vontobel Financial Pro    9.250    3/26/2020   EUR     64.570
Commerzbank AG            4.750    3/27/2020   EUR     72.890
Commerzbank AG            6.750    3/27/2020   EUR     68.550
Commerzbank AG            8.750    3/27/2020   EUR     65.490
Commerzbank AG           10.750    3/27/2020   EUR     63.210
Commerzbank AG           13.500    3/27/2020   EUR     73.790
Commerzbank AG           15.500    3/27/2020   EUR     71.610
Commerzbank AG            5.500    3/27/2020   EUR     74.020
Commerzbank AG            7.500    3/27/2020   EUR     69.100
Commerzbank AG            9.500    3/27/2020   EUR     66.160
Commerzbank AG           10.250    3/27/2020   EUR     73.870
Commerzbank AG           12.250    3/27/2020   EUR     70.970
Commerzbank AG           14.250    3/27/2020   EUR     68.570
Commerzbank AG           11.000    3/27/2020   EUR     73.120
DZ Bank AG Deutsche Ze    7.500    6/24/2020   EUR     75.080
Commerzbank AG           11.500    3/27/2020   EUR     64.460
Commerzbank AG           12.750    3/27/2020   EUR     73.670
DZ Bank AG Deutsche Ze    8.500    6/24/2020   EUR     72.240
Commerzbank AG           10.750    3/27/2020   EUR     74.670
Commerzbank AG            9.000    3/27/2020   EUR     74.510
Commerzbank AG            8.000    3/27/2020   EUR     71.400
Commerzbank AG           10.000    3/27/2020   EUR     68.700
Commerzbank AG           12.000    3/27/2020   EUR     66.540
DZ Bank AG Deutsche Ze    6.250    3/25/2020   EUR     72.760
UBS AG/London            10.000    3/29/2021   EUR     68.400
Credit Suisse AG/Londo   13.000    3/27/2020   USD     65.660
DZ Bank AG Deutsche Ze    5.500    4/22/2020   EUR     74.740
EFG International Fina   15.000    4/23/2020   USD     46.230
DZ Bank AG Deutsche Ze   12.500    4/22/2020   EUR     67.570
DZ Bank AG Deutsche Ze    5.000    4/22/2020   EUR     63.620
DZ Bank AG Deutsche Ze    8.300    4/22/2020   EUR     74.690
HSBC Trinkaus & Burkha    9.000   12/27/2019   EUR     72.550
HSBC Trinkaus & Burkha    7.200   12/27/2019   EUR     69.470
HSBC Trinkaus & Burkha    9.700   12/27/2019   EUR     36.640
HSBC Trinkaus & Burkha    6.200   12/27/2019   EUR     40.650
HSBC Trinkaus & Burkha    6.200   12/27/2019   EUR     74.020
Leonteq Securities AG    13.000     1/3/2020   CHF     74.050
Leonteq Securities AG/   13.400     1/3/2020   EUR     67.600
DZ Bank AG Deutsche Ze   10.250   12/27/2019   EUR     62.780
DZ Bank AG Deutsche Ze    4.500   12/27/2019   EUR     70.230
DZ Bank AG Deutsche Ze    6.250   12/27/2019   EUR     75.220
DZ Bank AG Deutsche Ze    5.250   12/27/2019   EUR     68.320
DZ Bank AG Deutsche Ze    6.500   12/27/2019   EUR     68.530
Bayerische Landesbank     6.400    11/1/2019   EUR     64.080
Societe Generale Effek   12.468   12/20/2019   EUR     70.030
Societe Generale Effek    7.315    3/20/2020   EUR     41.060
Societe Generale Effek    8.778    3/20/2020   EUR     67.430
Societe Generale Effek   14.901   12/20/2019   EUR     67.900
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     41.010
Landesbank Baden-Wuert    3.500    4/24/2020   EUR     68.150
Landesbank Baden-Wuert    2.500    4/24/2020   EUR     66.620
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     71.200
Landesbank Baden-Wuert    6.000    5/22/2020   EUR     68.600
Landesbank Baden-Wuert    6.500    4/24/2020   EUR     75.420
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     69.260
Vontobel Financial Pro   15.000   12/13/2019   EUR     74.830
Vontobel Financial Pro   11.000   12/13/2019   EUR     60.630
Vontobel Financial Pro   13.000    9/25/2020   EUR     64.060
Vontobel Financial Pro    8.000    6/26/2020   EUR     76.160
Vontobel Financial Pro   10.000    9/25/2020   EUR     73.520
Vontobel Financial Pro   14.000    6/26/2020   EUR     67.920
Vontobel Financial Pro   12.500    9/25/2020   EUR     69.850
DZ Bank AG Deutsche Ze    4.750   12/23/2019   EUR     70.210
Kancelaria Statima SA     8.000   12/13/2019   PLN     55.000
Zurcher Kantonalbank F   12.000    3/20/2020   CHF     62.000
Deutsche Bank AG          4.200   12/24/2019   EUR     58.900
Deutsche Bank AG          4.200   12/24/2019   EUR     63.400
Deutsche Bank AG          4.200   12/24/2019   EUR     54.400
Vontobel Financial Pro    8.500    3/27/2020   EUR     64.944
UBS AG/London            12.000    3/26/2020   EUR     44.700
Deutsche Bank AG          6.200   12/24/2019   EUR     34.600
Deutsche Bank AG          6.200   12/24/2019   EUR     73.800
Deutsche Bank AG          6.200   12/24/2019   EUR     68.300
Deutsche Bank AG          6.200   12/24/2019   EUR     61.300
Deutsche Bank AG          6.200   12/24/2019   EUR     53.400
Deutsche Bank AG          6.200   12/24/2019   EUR     63.700
HSBC Trinkaus & Burkha   13.200   12/27/2019   EUR     65.930
HSBC Trinkaus & Burkha   10.500   11/22/2019   EUR     73.080
HSBC Trinkaus & Burkha    6.300   12/27/2019   EUR     72.870
HSBC Trinkaus & Burkha    8.500   12/27/2019   EUR     74.150
HSBC Trinkaus & Burkha    8.900   12/27/2019   EUR     65.770
HSBC Trinkaus & Burkha    7.300   11/22/2019   EUR     68.840
HSBC Trinkaus & Burkha    3.900   12/27/2019   EUR     45.110
DekaBank Deutsche Giro    8.100    4/23/2021   EUR     72.400
DZ Bank AG Deutsche Ze    5.500   12/27/2019   EUR     59.460
DZ Bank AG Deutsche Ze    4.500   12/27/2019   EUR     57.220
Societe Generale Effek   15.205   12/20/2019   EUR     67.890
Societe Generale Effek    6.690   12/20/2019   EUR     39.940
Societe Generale Effek   17.942   12/20/2019   EUR     65.300
Societe Generale Effek    7.603   12/20/2019   EUR     66.130
Societe Generale Effek    9.732   12/20/2019   EUR     73.780
Societe Generale Effek   28.586   12/20/2019   EUR     59.800
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     74.410
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     64.000
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     49.750
Landesbank Baden-Wuert    2.500    4/24/2020   EUR     43.220
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     74.720
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     74.040
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     72.660
Landesbank Baden-Wuert    4.500    5/22/2020   EUR     72.430
Landesbank Baden-Wuert    5.500    4/24/2020   EUR     72.950
Landesbank Baden-Wuert    6.500    5/22/2020   EUR     72.700
Landesbank Baden-Wuert    6.000    4/24/2020   EUR     60.090
DZ Bank AG Deutsche Ze    7.500   12/23/2019   EUR     64.790
Credit Suisse AG/Londo    8.000   12/30/2019   CHF     74.420
UBS AG/London             8.000     4/3/2020   USD     52.500
UBS AG/London             7.500    9/28/2020   EUR     70.250
UBS AG/London             9.000    10/5/2020   EUR     74.950
Vontobel Financial Pro   11.500   12/13/2019   EUR     62.260
Vontobel Financial Pro    9.850   12/13/2019   EUR     60.760
Vontobel Financial Pro    2.900   12/13/2019   EUR     58.210
Raiffeisen Schweiz Gen    8.500     4/1/2020   CHF     68.660
Vontobel Financial Pro    7.450   12/13/2019   EUR     64.230
Vontobel Financial Pro    5.550   12/13/2019   EUR     64.000
Vontobel Financial Pro    2.100   12/13/2019   EUR     50.310
Vontobel Financial Pro    4.800   12/13/2019   EUR     50.190
UBS AG/London             4.300    6/25/2020   EUR     62.940
UBS AG/London             3.900     1/2/2020   EUR     64.660
UBS AG/London             9.100     1/2/2020   EUR     69.420
UBS AG/London             7.200     1/2/2020   EUR     65.770
UBS AG/London            10.700     1/2/2020   EUR     66.970
UBS AG/London             5.800    6/25/2020   EUR     59.310
UBS AG/London             7.300    3/26/2020   EUR     67.270
Vontobel Financial Pro    1.700   12/13/2019   EUR     54.610
UBS AG/London            12.700     1/2/2020   EUR     73.530
UBS AG/London            13.600     1/2/2020   EUR     62.970
Raiffeisen Schweiz Gen    7.400     4/1/2020   CHF     72.100
Raiffeisen Schweiz Gen    5.800    9/28/2021   CHF     59.330
Raiffeisen Schweiz Gen    7.200    9/28/2020   EUR     67.260
Landesbank Baden-Wuert    7.000    3/27/2020   EUR     64.980
Commerzbank AG           14.500   12/31/2019   EUR     64.120
Deutsche Bank AG          6.200   12/24/2019   EUR     65.500
Deutsche Bank AG          6.200   12/24/2019   EUR     60.200
Deutsche Bank AG          6.200   12/24/2019   EUR     69.950
Luzerner Kantonalbank    10.000     4/8/2020   CHF     56.070
Raiffeisen Schweiz Gen    7.200    9/15/2020   CHF     73.990
Commerzbank AG            3.800    10/4/2021   USD     73.970
Deutsche Bank AG          4.200   12/24/2019   EUR     62.300
Deutsche Bank AG          4.200   12/24/2019   EUR     55.800
Deutsche Bank AG          4.200   12/24/2019   EUR     67.500
Deutsche Bank AG          4.200   12/24/2019   EUR     63.800
Deutsche Bank AG          4.200   12/24/2019   EUR     60.400
Deutsche Bank AG          4.200   12/24/2019   EUR     41.600
Deutsche Bank AG          4.200   12/24/2019   EUR     71.800
Deutsche Bank AG          4.200   12/24/2019   EUR     70.840
Deutsche Bank AG          4.200   12/24/2019   EUR     65.880
Natixis SA                1.500    10/4/2021   EUR     62.308
DZ Bank AG Deutsche Ze    6.500    3/25/2020   EUR     70.080
UBS AG/London            11.000    9/28/2020   EUR     73.950
Deutsche Bank AG          6.200   12/24/2019   EUR     40.200
Deutsche Bank AG          6.200   12/24/2019   EUR     37.700
Deutsche Bank AG          6.200   12/24/2019   EUR     68.400
Deutsche Bank AG          6.200   12/24/2019   EUR     72.500
Deutsche Bank AG          6.200   12/24/2019   EUR     64.600
Deutsche Bank AG          6.200   12/24/2019   EUR     42.000
Deutsche Bank AG          6.200   12/24/2019   EUR     69.870
HSBC Trinkaus & Burkha    9.500    3/27/2020   EUR     74.440
HSBC Trinkaus & Burkha   10.500   12/27/2019   EUR     63.780
HSBC Trinkaus & Burkha    9.000   12/27/2019   EUR     66.490
HSBC Trinkaus & Burkha    8.800   12/27/2019   EUR     71.530
HSBC Trinkaus & Burkha    5.600   12/27/2019   EUR     73.720
HSBC Trinkaus & Burkha   11.600   12/27/2019   EUR     34.950
HSBC Trinkaus & Burkha    8.000   11/22/2019   EUR     38.300
HSBC Trinkaus & Burkha    9.000   12/27/2019   EUR     70.580
Leonteq Securities AG/    7.200    9/28/2020   EUR     60.800
Bank Julius Baer & Co     6.900    1/22/2020   CHF     72.300
Vontobel Financial Pro   10.000    3/27/2020   EUR     48.740
Vontobel Financial Pro   13.500     1/3/2020   EUR     72.110
Vontobel Financial Pro   10.000    3/27/2020   EUR     76.750
Landesbank Baden-Wuert    6.000    1/24/2020   EUR     72.290
Leonteq Securities AG    10.400   11/22/2019   EUR     43.920
Landesbank Baden-Wuert    3.170    5/22/2020   EUR     64.000
Landesbank Hessen-Thue    4.000    6/16/2022   EUR     68.090
DekaBank Deutsche Giro    3.600   12/20/2019   EUR     55.600
EFG International Fina    8.000    5/26/2020   USD     41.660
Landesbank Hessen-Thue    5.300    9/23/2022   EUR     62.540
Leonteq Securities AG/    6.000    5/22/2020   CHF     60.530
Leonteq Securities AG/    6.000   11/19/2019   CHF     33.520
Landesbank Baden-Wuert    3.100    7/24/2020   EUR     59.910
Raiffeisen Schweiz Gen    5.750    2/25/2021   CHF     65.280
Vontobel Financial Pro   10.000    6/25/2020   EUR     58.950
Vontobel Financial Pro    6.500    3/27/2020   EUR     54.700
Deutsche Bank AG          6.200   12/24/2019   EUR     75.500
Deutsche Bank AG          6.200   12/24/2019   EUR     69.400
Deutsche Bank AG          6.200    6/23/2020   EUR     74.300
Deutsche Bank AG          6.200    6/23/2020   EUR     68.100
Deutsche Bank AG          6.200    6/23/2020   EUR     74.900
Deutsche Bank AG          6.200    9/22/2020   EUR     75.500
Deutsche Bank AG          6.200   12/22/2020   EUR     75.900
Deutsche Bank AG          6.200    9/22/2020   EUR     69.500
Vontobel Financial Pro    7.000    3/27/2020   EUR     52.790
Vontobel Financial Pro   11.000     1/3/2020   EUR     75.240
Vontobel Financial Pro   12.000    3/27/2020   EUR     74.250
Bank Julius Baer & Co     9.700    1/24/2020   USD     61.850
HSBC Trinkaus & Burkha   10.500    6/26/2020   EUR     47.170
HSBC Trinkaus & Burkha    7.700    6/26/2020   EUR     50.050
HSBC Trinkaus & Burkha    5.200    6/26/2020   EUR     54.250
HSBC Trinkaus & Burkha   11.100   11/22/2019   EUR     44.090
HSBC Trinkaus & Burkha    9.700    2/28/2020   EUR     45.670
Commerzbank AG           10.750   12/31/2019   EUR     71.640
Commerzbank AG           12.750   12/31/2019   EUR     68.490
Commerzbank AG           14.750   12/31/2019   EUR     65.090
Commerzbank AG           15.000   12/31/2019   EUR     71.360
Commerzbank AG           17.000   12/31/2019   EUR     68.330
Vontobel Financial Pro   11.250    1/24/2020   EUR     73.730
UBS AG/London            20.000    1/24/2020   CHF     57.900
Vontobel Financial Pro   13.000     1/3/2020   EUR     73.790
Commerzbank AG            6.500   12/31/2019   EUR     72.840
Commerzbank AG            8.500   12/31/2019   EUR     68.730
Commerzbank AG           10.500   12/31/2019   EUR     65.160
Commerzbank AG           12.500   12/31/2019   EUR     62.740
Commerzbank AG            6.000   12/31/2019   EUR     71.580
Commerzbank AG            8.000   12/31/2019   EUR     67.230
Commerzbank AG           10.000   12/31/2019   EUR     63.770
Commerzbank AG           12.000   12/31/2019   EUR     61.320
Commerzbank AG           14.000   12/31/2019   EUR     58.840
Commerzbank AG           13.000   12/31/2019   EUR     73.680
Vontobel Financial Pro   10.500    3/27/2020   EUR     62.200
Vontobel Financial Pro    8.500     1/3/2020   EUR     64.220
Vontobel Financial Pro    9.000     1/3/2020   EUR     46.260
Vontobel Financial Pro   10.500     1/3/2020   EUR     44.180
Vontobel Financial Pro   11.000    3/27/2020   EUR     44.830
Vontobel Financial Pro    9.500    3/27/2020   EUR     46.270
Vontobel Financial Pro   12.500     1/3/2020   EUR     42.420
BNP Paribas Emissions-    6.500   12/30/2019   EUR     47.980
DekaBank Deutsche Giro    2.750    4/17/2020   EUR     71.380
DekaBank Deutsche Giro    2.700    4/17/2020   EUR     59.400
DekaBank Deutsche Giro    2.200    4/16/2021   EUR     67.090
Natixis SA                4.975    3/23/2020   USD     44.752
UBS AG/London             6.500    3/30/2020   CHF     65.500
DekaBank Deutsche Giro    3.800   10/23/2020   EUR     69.230
DekaBank Deutsche Giro    2.050     5/3/2021   EUR     45.620
Raiffeisen Schweiz Gen    6.500    10/9/2020   CHF     51.680
Societe Generale SA      13.000    4/16/2020   USD     38.500
Landesbank Hessen-Thue    4.750    5/11/2023   EUR     64.570
Landesbank Hessen-Thue    3.500    5/11/2022   EUR     74.660
Landesbank Baden-Wuert    4.400    1/24/2020   EUR     63.250
Landesbank Baden-Wuert    3.550    1/24/2020   EUR     74.240
Landesbank Baden-Wuert    4.100    1/24/2020   EUR     63.200
Leonteq Securities AG/   10.000    4/17/2020   CHF     50.770
UBS AG/London             5.500     4/6/2020   CHF     68.000
Leonteq Securities AG/    5.000   10/13/2020   CHF     66.700
UBS AG/London             3.900     1/2/2020   EUR     60.600
UBS AG/London             4.500    3/26/2020   EUR     67.340
UBS AG/London             5.000     1/2/2020   EUR     72.610
Leonteq Securities AG/    9.000    11/4/2019   USD     55.270
Societe Generale Effek    3.750    5/24/2021   EUR     60.080
Bayerische Landesbank     3.200   11/20/2020   EUR     60.710
Landesbank Hessen-Thue    3.150    5/11/2022   EUR     73.810
DekaBank Deutsche Giro    4.250     5/3/2022   EUR     60.480
Vontobel Financial Pro    4.300    11/4/2019   EUR     69.440
UBS AG/London             9.000    4/14/2020   CHF     59.950
UBS AG/London             7.000    4/14/2020   CHF     68.500
DekaBank Deutsche Giro    4.250    11/9/2020   EUR     68.110
DekaBank Deutsche Giro    6.200    11/9/2020   EUR     66.810
DekaBank Deutsche Giro    2.200     5/8/2020   EUR     63.860
DekaBank Deutsche Giro    3.300     5/8/2020   EUR     67.360
EFG International Fina    5.600    4/26/2021   CHF     64.340
Landesbank Hessen-Thue    2.850   11/30/2020   EUR     66.200
Commerzbank AG            2.540    4/15/2020   EUR     59.410
Deutsche Bank AG          4.200   12/24/2019   EUR     67.300
Deutsche Bank AG          4.200   12/24/2019   EUR     65.400
Deutsche Bank AG          4.200   12/24/2019   EUR     62.800
Deutsche Bank AG          4.200   12/24/2019   EUR     60.500
Deutsche Bank AG          4.200   12/24/2019   EUR     59.000
Deutsche Bank AG          6.200   12/24/2019   EUR     59.300
Deutsche Bank AG          4.200   12/24/2019   EUR     57.500
Deutsche Bank AG          6.200   12/24/2019   EUR     57.900
Deutsche Bank AG          8.200   12/24/2019   EUR     63.500
Deutsche Bank AG          8.200   12/24/2019   EUR     61.100
Deutsche Bank AG          8.200   12/24/2019   EUR     59.600
Deutsche Bank AG          8.200   12/24/2019   EUR     58.200
Leonteq Securities AG/    5.000   10/20/2020   CHF     63.730
Vontobel Financial Pro    7.500    5/14/2020   EUR     68.610
Landesbank Baden-Wuert    5.200    1/24/2020   EUR     62.950
Landesbank Baden-Wuert    5.600    1/24/2020   EUR     46.760
UniCredit Bank AG         6.850    5/14/2021   EUR     66.240
UniCredit Bank AG         5.700    5/14/2021   EUR     65.380
UniCredit Bank AG         4.900   11/14/2021   EUR     69.540
Landesbank Hessen-Thue    5.500    5/25/2023   EUR     62.690
UniCredit Bank AG         6.350    5/14/2021   EUR     56.280
Landesbank Baden-Wuert    4.650    2/28/2020   EUR     63.500
Landesbank Baden-Wuert    4.550    2/28/2020   EUR     64.500
Landesbank Baden-Wuert    6.500    2/28/2020   EUR     46.970
EFG International Fina    6.200     5/3/2021   CHF     68.070
UBS AG/London             7.000    4/20/2020   CHF     65.150
UBS AG/London             6.500    4/20/2020   CHF     74.050
Landesbank Baden-Wuert    2.700    6/25/2021   EUR     74.310
UniCredit Bank AG         4.000    7/31/2020   EUR     62.150
Commerzbank AG           30.000    6/30/2020   USD      0.010
Landesbank Baden-Wuert    3.250    6/26/2020   EUR     63.930
Getin Noble Bank SA       6.790    4/29/2024   PLN     61.000
UBS AG/London             8.000    4/27/2020   EUR     62.400
Vontobel Financial Pro    3.700   12/20/2019   EUR     71.670
Vontobel Financial Pro    3.700   12/20/2019   EUR     71.660
UBS AG/London             9.250   10/26/2020   EUR     75.050
Societe Generale Effek   21.992   12/20/2019   EUR     75.190
Societe Generale Effek   14.077    3/20/2020   EUR     73.410
Deutsche Bank AG          3.200   12/24/2019   EUR     72.900
Deutsche Bank AG          3.200   12/24/2019   EUR     69.460
Deutsche Bank AG          3.200   12/24/2019   EUR     74.280
Bank Julius Baer & Co    10.060    4/27/2020   CHF     68.300
Bank Julius Baer & Co     8.500    4/27/2020   EUR     71.900
Bank Julius Baer & Co     9.650    4/27/2020   USD     64.150
UBS AG/London             8.750    4/27/2020   EUR     69.250
Raiffeisen Schweiz Gen    5.500     5/4/2020   CHF     60.960
Raiffeisen Schweiz Gen    5.300     5/4/2020   EUR     71.740
Raiffeisen Switzerland    7.800    4/27/2020   EUR     70.450
Societe Generale Effek   26.581   12/20/2019   EUR     71.900
Societe Generale Effek   17.562   12/20/2019   EUR     69.600
Societe Generale Effek    4.905   12/20/2019   EUR     75.230
Societe Generale Effek   22.874    3/20/2020   EUR     66.750
Societe Generale Effek   19.471    6/19/2020   EUR     71.540
Deutsche Bank AG          3.200   12/24/2019   EUR     62.500
Deutsche Bank AG          3.200   12/24/2019   EUR     61.200
Deutsche Bank AG          3.200   12/24/2019   EUR     59.800
Deutsche Bank AG          3.200   12/24/2019   EUR     58.000
Deutsche Bank AG          3.200   12/24/2019   EUR     56.200
Deutsche Bank AG          3.200   12/24/2019   EUR     55.100
Deutsche Bank AG          3.200   12/24/2019   EUR     69.490
Deutsche Bank AG          3.200   12/24/2019   EUR     65.860
Deutsche Bank AG          3.200   12/24/2019   EUR     62.590
Deutsche Bank AG          3.200   12/24/2019   EUR     59.630
Deutsche Bank AG          3.200   12/24/2019   EUR     72.200
Deutsche Bank AG          3.200   12/24/2019   EUR     69.100
Deutsche Bank AG          3.200   12/24/2019   EUR     67.100
Deutsche Bank AG          3.200   12/24/2019   EUR     65.300
Deutsche Bank AG          3.200   12/24/2019   EUR     62.700
Deutsche Bank AG          3.200   12/24/2019   EUR     73.640
Deutsche Bank AG          3.200   12/24/2019   EUR     72.190
Deutsche Bank AG          3.200   12/24/2019   EUR     65.690
Deutsche Bank AG          3.200   12/24/2019   EUR     59.700
Deutsche Bank AG          3.200   12/24/2019   EUR     57.200
Deutsche Bank AG          3.200   12/24/2019   EUR     54.900
Deutsche Bank AG          3.200   12/24/2019   EUR     52.800
Deutsche Bank AG          3.200   12/24/2019   EUR     50.900
Deutsche Bank AG          3.200   12/24/2019   EUR     74.600
Deutsche Bank AG          3.200   12/24/2019   EUR     63.950
Deutsche Bank AG          3.200   12/24/2019   EUR     63.980
Commerzbank AG            3.000    3/27/2020   EUR     73.460
Landesbank Baden-Wuert    3.750    1/24/2020   EUR     63.720
DekaBank Deutsche Giro    2.200    5/28/2021   EUR     69.250
DekaBank Deutsche Giro    2.700    5/29/2020   EUR     60.890
DekaBank Deutsche Giro    3.100    5/28/2021   EUR     66.780
Landesbank Baden-Wuert    2.750    5/31/2021   EUR     59.970
Deutsche Bank AG          6.200   12/24/2019   EUR     53.000
Deutsche Bank AG          6.200   12/24/2019   EUR     50.600
Deutsche Bank AG          6.200   12/24/2019   EUR     63.200
Deutsche Bank AG          6.200   12/24/2019   EUR     60.800
Deutsche Bank AG          6.200   12/24/2019   EUR     63.350
Deutsche Bank AG          6.200   12/24/2019   EUR     60.750
Deutsche Bank AG          6.200   12/24/2019   EUR     58.990
Deutsche Bank AG          6.200   12/24/2019   EUR     62.000
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     64.380
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     71.940
Landesbank Baden-Wuert    4.500    5/22/2020   EUR     71.540
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     63.560
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     75.770
Landesbank Baden-Wuert    2.500    4/24/2020   EUR     28.240
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     72.610
Landesbank Baden-Wuert    2.500    5/22/2020   EUR     68.880
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     72.050
Landesbank Baden-Wuert    3.500    4/24/2020   EUR     63.520
DekaBank Deutsche Giro    3.100    1/10/2020   EUR     35.890
Landesbank Hessen-Thue    4.350    2/24/2023   EUR     39.950
DekaBank Deutsche Giro    2.800    1/24/2020   EUR     69.650
Landesbank Hessen-Thue    3.450     9/9/2020   EUR     66.500
DekaBank Deutsche Giro    2.900    1/31/2020   EUR     69.620
DekaBank Deutsche Giro    2.900    2/21/2020   EUR     69.540
Commerzbank AG           11.500   12/31/2019   EUR     74.300
Commerzbank AG            8.750    3/27/2020   EUR     63.060
Commerzbank AG           12.750    3/27/2020   EUR     58.780
Zurcher Kantonalbank F    1.003     4/9/2020   CHF     68.590
Leonteq Securities AG     8.000    1/27/2020   EUR     67.080
Landesbank Hessen-Thue    6.600    2/17/2023   EUR     56.760
Landesbank Hessen-Thue    4.000    2/17/2021   EUR     39.070
Vontobel Financial Pro   13.000    6/26/2020   EUR     74.520
Landesbank Baden-Wuert    3.000    2/28/2020   EUR     68.330
Leonteq Securities AG    15.400     4/8/2020   CHF     63.960
Commerzbank AG           13.750   12/31/2019   EUR     75.460
Leonteq Securities AG     4.000   12/18/2026   CHF     75.760
UniCredit Bank AG         3.750     9/7/2020   EUR     30.487
HSBC Trinkaus & Burkha    6.000    2/28/2020   EUR     72.540
HSBC Trinkaus & Burkha    2.250    4/22/2020   EUR     70.480
HSBC Trinkaus & Burkha    1.000    4/22/2020   EUR     64.540
Landesbank Hessen-Thue    8.000     4/7/2020   EUR     66.260
UBS AG/London            10.500    11/3/2020   CHF     69.700
Corner Banca SA           9.000   11/11/2019   CHF     23.200
EFG International Fina    7.000   11/17/2020   CHF     64.370
DekaBank Deutsche Giro    5.950    12/4/2020   EUR     62.540
Landesbank Hessen-Thue    4.000     6/8/2022   EUR     53.620
Leonteq Securities AG/    8.000    5/14/2020   CHF     72.840
HSBC Trinkaus & Burkha    5.000   12/27/2019   EUR     23.810
HSBC Trinkaus & Burkha    3.100   12/27/2019   EUR     66.560
HSBC Trinkaus & Burkha    4.600   12/27/2019   EUR     58.760
Landesbank Baden-Wuert    4.850    6/26/2020   EUR     64.980
Bank Julius Baer & Co     7.100   11/18/2019   CHF     66.200
UBS AG/London            10.000    3/22/2021   EUR     74.800
HSBC Trinkaus & Burkha    5.100    3/27/2020   EUR     69.530
HSBC Trinkaus & Burkha    5.600    6/26/2020   EUR     69.290
HSBC Trinkaus & Burkha    7.700    9/25/2020   EUR     65.350
HSBC Trinkaus & Burkha    5.700    9/25/2020   EUR     69.260
Commerzbank AG           12.000   12/31/2019   EUR     60.990
HSBC Trinkaus & Burkha    8.600    3/27/2020   EUR     66.360
HSBC Trinkaus & Burkha    6.300    6/26/2020   EUR     70.400
Bank Julius Baer & Co    15.300    3/23/2020   USD     56.850
Societe Generale Effek   12.168    6/19/2020   EUR     75.330
Societe Generale Effek   13.981    6/19/2020   EUR     73.890
Societe Generale Effek   15.793    6/19/2020   EUR     72.610
Leonteq Securities AG/    8.950    3/19/2020   USD     53.210
Bank Julius Baer & Co     8.500   10/28/2019   EUR     65.100
Vontobel Financial Pro   10.500    6/12/2020   EUR     58.814
DekaBank Deutsche Giro    2.900    5/29/2020   EUR     52.900
Vontobel Financial Pro   17.000    6/12/2020   EUR     69.190
Leonteq Securities AG/   11.000   11/11/2019   CHF     56.470
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     63.980
Landesbank Baden-Wuert    3.500    4/24/2020   EUR     70.960
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     53.870
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     72.390
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     66.000
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     63.480
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     63.830
Landesbank Baden-Wuert    2.500    4/24/2020   EUR     70.560
Landesbank Baden-Wuert    2.000    4/24/2020   EUR     69.840
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     66.740
UBS AG/London             3.300     1/2/2020   EUR     57.770
UBS AG/London            13.000     5/4/2020   CHF     60.750
Vontobel Financial Pro   13.500    6/12/2020   EUR     71.860
DekaBank Deutsche Giro    2.500    5/29/2020   EUR     74.320
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     60.150
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     73.350
Landesbank Baden-Wuert    6.000    4/24/2020   EUR     67.680
Landesbank Baden-Wuert    3.500    4/24/2020   EUR     57.760
Landesbank Baden-Wuert    4.500    4/24/2020   EUR     26.600
Landesbank Baden-Wuert    3.000    4/24/2020   EUR     69.860
Landesbank Baden-Wuert    5.000    5/22/2020   EUR     68.920
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     69.240
Landesbank Baden-Wuert    5.500    4/24/2020   EUR     58.730
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     73.300
UBS AG/London             4.800     1/2/2020   EUR     72.580
UBS AG/London             5.800    11/4/2019   CHF     68.850
Raiffeisen Schweiz Gen    6.400   11/14/2019   CHF     22.990
Vontobel Financial Pro    4.300   11/25/2019   EUR     64.610
Vontobel Financial Pro    4.000   11/25/2019   EUR     57.480
Vontobel Financial Pro    5.000    6/26/2020   EUR     70.150
Raiffeisen Schweiz Gen    5.000    11/4/2019   CHF     69.020
UniCredit Bank AG         3.700    5/18/2022   CHF     63.720
Vontobel Financial Pro   13.500    6/12/2020   EUR     60.665
Leonteq Securities AG/    5.000     5/3/2021   EUR     59.880
Vontobel Financial Pro   11.500    6/12/2020   EUR     73.300
Vontobel Financial Pro   11.500    6/12/2020   EUR     75.150
Vontobel Financial Pro   14.500    6/12/2020   EUR     70.960
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     67.180
Landesbank Baden-Wuert    3.500    4/24/2020   EUR     60.200
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     57.640
Landesbank Baden-Wuert    4.000    5/22/2020   EUR     62.600
Landesbank Baden-Wuert    5.500    5/22/2020   EUR     57.540
Landesbank Baden-Wuert    2.500    4/24/2020   EUR     46.820
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     42.990
Landesbank Baden-Wuert    5.000    4/24/2020   EUR     67.760
Landesbank Baden-Wuert    4.000    4/24/2020   EUR     62.760
UBS AG/London            15.000    11/4/2019   USD     60.980
UBS AG/London             5.100    3/26/2020   EUR     64.690
Vontobel Financial Pro    6.750    6/19/2020   EUR     73.630
Raiffeisen Schweiz Gen    3.400    5/14/2020   CHF     59.510
Corner Banca SA           8.200    5/14/2020   CHF     26.600
Commerzbank AG           10.750    3/27/2020   EUR     68.240
Commerzbank AG           10.250    3/27/2020   EUR     64.600
Commerzbank AG           14.750   12/31/2019   EUR     74.320
Landesbank Hessen-Thue    4.000     6/8/2022   EUR     68.570
Raiffeisen Schweiz Gen    6.600    4/27/2020   EUR     69.700
UBS AG/London            11.000    4/27/2020   CHF     70.050
Landesbank Baden-Wuert    5.500    6/25/2021   EUR     70.720
Landesbank Baden-Wuert    5.000    6/25/2021   EUR     67.990
Landesbank Baden-Wuert    6.000    6/25/2021   EUR     77.010
Landesbank Baden-Wuert    2.000    6/25/2021   EUR     69.930
Landesbank Baden-Wuert    3.500    6/25/2021   EUR     65.270
Vontobel Financial Pro   15.500    6/26/2020   EUR     66.350
Leonteq Securities AG/    8.000   10/27/2020   CHF     65.130
Landesbank Hessen-Thue    6.000    8/25/2023   EUR     64.010
Societe Generale Effek   22.214    3/20/2020   EUR     68.280
Societe Generale Effek   18.915    3/20/2020   EUR     73.970
Societe Generale Effek    7.619    6/19/2020   EUR     75.750
Societe Generale Effek    8.958    9/18/2020   EUR     75.940
Societe Generale Effek   21.992   12/20/2019   EUR     61.640
Deutsche Bank AG          3.200   12/24/2019   EUR     70.540
Deutsche Bank AG          3.200   12/24/2019   EUR     67.120
Landesbank Baden-Wuert    5.000    1/24/2020   EUR     61.560
Landesbank Hessen-Thue    5.200    9/30/2022   EUR     64.230
Leonteq Securities AG/    6.000     6/8/2020   CHF     60.920
UniCredit Bank AG         5.750     7/4/2020   EUR     54.340
Raiffeisen Schweiz Gen    8.250   10/30/2019   CHF     58.780
Landesbank Baden-Wuert    4.000    6/25/2021   EUR     74.070
Landesbank Baden-Wuert    3.000    6/25/2021   EUR     72.160
Landesbank Baden-Wuert    6.500    6/25/2021   EUR     66.520
Societe Generale Effek   25.074    3/20/2020   EUR     66.790
Societe Generale Effek   21.447    6/19/2020   EUR     75.390
Societe Generale Effek   17.156    3/20/2020   EUR     69.490
Deutsche Bank AG          3.200   12/24/2019   EUR     72.580
Deutsche Bank AG          3.200   12/24/2019   EUR     66.590
UniCredit Bank AG         7.200    6/26/2020   EUR     73.150
DekaBank Deutsche Giro    2.900    10/2/2020   EUR     72.290
BNP Paribas Emissions-    5.500   12/30/2019   EUR     73.400
BNP Paribas Emissions-   10.000   12/30/2019   EUR     64.250
Societe Generale Effek   16.597   12/20/2019   EUR     63.150
Societe Generale Effek   11.171   12/20/2019   EUR     72.850
UBS AG/London            11.000    3/12/2020   USD     58.940
UBS AG/London            11.000    3/12/2020   CHF     67.800
UniCredit Bank AG         5.550    10/5/2021   EUR     70.340
UBS AG/London            11.000    3/12/2020   CHF     67.550
UBS AG/London             7.500    3/12/2020   EUR     73.400
UBS AG/London            12.000    3/12/2020   EUR     44.500
Leonteq Securities AG/    9.000   12/27/2019   CHF     71.230
Leonteq Securities AG/   10.200   12/20/2019   CHF     71.390
Leonteq Securities AG/    9.400   12/27/2019   CHF     71.210
UniCredit Bank AG         6.000    6/25/2021   EUR     74.230
UniCredit Bank AG         7.500    6/25/2021   EUR     72.600
Raiffeisen Centrobank     9.643    3/24/2020   EUR     68.290
UBS AG/London             6.100     1/2/2020   EUR     73.440
UBS AG/London             6.700    3/26/2020   EUR     75.090
UBS AG/London             4.200    6/25/2020   EUR     57.370
UBS AG/London             9.200     1/2/2020   EUR     68.030
Raiffeisen Centrobank    10.929    3/24/2020   EUR     65.840
UBS AG/London             6.900     1/2/2020   EUR     72.000
UBS AG/London             3.000     1/2/2020   EUR     63.420
UniCredit Bank AG         8.900   12/24/2021   EUR     72.270
EFG International Fina   15.200   12/10/2019   USD     62.710
DekaBank Deutsche Giro    3.150    10/2/2020   EUR     67.820
BNP Paribas Emissions-   10.000   12/30/2019   EUR     72.360
BNP Paribas Emissions-    8.500   12/30/2019   EUR     69.920
BNP Paribas Emissions-   10.000   12/30/2019   EUR     68.050
BNP Paribas Emissions-    8.500   12/30/2019   EUR     71.080
BNP Paribas Emissions-    9.000   12/30/2019   EUR     69.140
BNP Paribas Emissions-   12.000   12/30/2019   EUR     75.220
DZ Bank AG Deutsche Ze    6.500   12/23/2019   EUR     74.050
DZ Bank AG Deutsche Ze    6.250   12/23/2019   EUR     72.010
Credit Suisse AG/Londo   10.500    3/23/2020   USD     66.050
Leonteq Securities AG    10.000    3/17/2020   CHF     70.490
DZ Bank AG Deutsche Ze   10.250   12/27/2019   EUR     61.500
DZ Bank AG Deutsche Ze    7.000   12/27/2019   EUR     70.700
DZ Bank AG Deutsche Ze    5.250   12/27/2019   EUR     65.860
DZ Bank AG Deutsche Ze   12.000    3/25/2020   EUR     50.700
HSBC Trinkaus & Burkha    0.750    4/22/2020   EUR     62.140
UniCredit Bank AG         8.200   11/22/2019   EUR     53.140
UniCredit Bank AG         9.000   11/22/2019   EUR     61.400
UniCredit Bank AG         6.700   11/22/2019   EUR     56.980
Landesbank Hessen-Thue    5.200     8/9/2024   EUR     74.720
Bank Julius Baer & Co     6.750    7/13/2020   EUR     66.350
Getin Noble Bank SA       5.790    7/26/2024   PLN     61.000
Leonteq Securities AG/    7.000    12/1/2020   CHF     72.370
Landesbank Hessen-Thue    4.000     3/8/2021   EUR     58.500
EFG International Fina    7.000     6/8/2021   EUR     67.140
Leonteq Securities AG/    6.000    9/17/2020   CHF     56.940
Raiffeisen Centrobank    10.286    3/24/2020   EUR     66.970
UBS AG/London             7.600     1/2/2020   EUR     70.600
UBS AG/London             5.500     1/2/2020   EUR     75.000
UBS AG/London            10.100     1/2/2020   EUR     65.560
UniCredit Bank AG        13.800    3/27/2020   EUR     68.590
Credit Suisse AG/Londo    6.000   12/12/2019   CHF     70.330
UniCredit Bank AG         6.000    3/27/2020   EUR     74.790
Leonteq Securities AG    13.000   12/17/2019   CHF     68.120
Leonteq Securities AG     9.000   12/17/2019   CHF     72.000
Raiffeisen Schweiz Gen    8.500    3/17/2020   CHF     71.920
Credit Suisse AG/Nassa    7.000   12/17/2019   CHF     69.920
Landesbank Hessen-Thue    4.150    1/15/2020   EUR     75.600
Societe Generale Effek   12.545     1/2/2020   EUR     70.230
Societe Generale Effek   17.167     1/2/2020   EUR     63.310
Societe Generale Effek   13.866     1/2/2020   EUR     73.810
Societe Generale Effek   18.488     1/2/2020   EUR     67.960
Societe Generale Effek    9.904     1/2/2020   EUR     73.790
Societe Generale Effek   13.205     1/2/2020   EUR     68.250
Societe Generale Effek   15.847     1/2/2020   EUR     71.530
Societe Generale Effek    9.244     1/2/2020   EUR     68.310
Societe Generale Effek   15.186     1/2/2020   EUR     60.770
Societe Generale Effek    9.244     1/2/2020   EUR     67.490
Societe Generale Effek   15.186     1/2/2020   EUR     61.700
Societe Generale Effek    5.942     1/2/2020   EUR     73.700
Societe Generale Effek    9.244     1/2/2020   EUR     68.560
Societe Generale Effek   11.885     1/2/2020   EUR     64.140
Societe Generale Effek   15.186     1/2/2020   EUR     75.390
Societe Generale Effek   11.885     1/2/2020   EUR     68.630
Societe Generale Effek   16.507     1/2/2020   EUR     63.300
DekaBank Deutsche Giro    3.700    10/2/2020   EUR     64.330
BNP Paribas Emissions-    8.000   12/30/2019   EUR     73.130
BNP Paribas Emissions-   11.000   12/30/2019   EUR     67.940
Societe Generale Effek   15.959   12/20/2019   EUR     72.160
Societe Generale Effek   12.129   12/20/2019   EUR     71.720
Leonteq Securities AG/    8.000    3/17/2020   CHF     71.280
Raiffeisen Centrobank     9.626    3/24/2020   EUR     72.260
Vontobel Financial Pro    9.500    3/27/2020   EUR     60.904
Vontobel Financial Pro    7.500    3/27/2020   EUR     60.018
Getin Noble Bank SA       6.790   11/30/2023   PLN     72.000
DZ Bank AG Deutsche Ze   14.000    1/22/2020   EUR     71.710
Deutsche Bank AG          4.200    6/23/2020   EUR     72.900
Deutsche Bank AG          4.200    6/23/2020   EUR     66.800
Deutsche Bank AG          4.200   12/24/2019   EUR     65.800
Deutsche Bank AG          4.200    3/24/2020   EUR     66.000
Deutsche Bank AG          4.200    3/24/2020   EUR     60.000
Deutsche Bank AG          4.200    6/23/2020   EUR     60.400
Commerzbank AG            8.250   12/31/2019   EUR     74.040
BNP Paribas Emissions-    7.000   12/30/2019   EUR     67.540
UniCredit Bank AG         7.400   12/29/2020   EUR     52.020
UniCredit Bank AG         9.100   12/29/2020   EUR     57.220
UniCredit Bank AG         8.400   12/29/2020   EUR     62.180
UniCredit Bank AG         9.100   12/29/2020   EUR     72.000
UniCredit Bank AG         7.100   12/29/2020   EUR     74.560
UniCredit Bank AG         6.800   12/29/2020   EUR     48.970
UniCredit Bank AG         6.100   12/29/2020   EUR     65.850
UniCredit Bank AG         6.800   12/29/2020   EUR     64.400
Leonteq Securities AG     5.600    5/16/2022   CHF     73.110
Leonteq Securities AG/   12.000   11/29/2019   CHF     53.640
UniCredit Bank AG         6.500   12/29/2020   EUR     57.950
UniCredit Bank AG        12.200   12/29/2020   EUR     37.480
UniCredit Bank AG         6.200   12/29/2020   EUR     72.070
UniCredit Bank AG         8.300   12/29/2020   EUR     68.580
UniCredit Bank AG        10.100   12/29/2020   EUR     61.890
UniCredit Bank AG         6.200   12/29/2020   EUR     72.350
UniCredit Bank AG         7.900   12/29/2020   EUR     53.180
UniCredit Bank AG         9.500   12/29/2020   EUR     69.650
Credit Suisse AG/Nassa    9.000   11/11/2019   EUR     66.110
UniCredit Bank AG        10.700   12/29/2020   EUR     54.550
UniCredit Bank AG         9.100   12/29/2020   EUR     56.720
UniCredit Bank AG         8.100   12/29/2020   EUR     70.200
UniCredit Bank AG        13.000     1/3/2020   EUR     65.100
UniCredit Bank AG         6.100     1/3/2020   EUR     65.110
UniCredit Bank AG         5.700     1/3/2020   EUR     55.950
UniCredit Bank AG        13.800     1/3/2020   EUR     27.030
UniCredit Bank AG         6.400     1/3/2020   EUR     72.280
HSBC Trinkaus & Burkha    2.000    3/27/2020   EUR     72.030
UBS AG/London            10.000   12/27/2019   CHF     57.000
UBS AG/London             7.000    6/22/2020   CHF     66.250
UBS AG/London             7.500    6/29/2020   EUR     61.650
UBS AG/London             8.000   12/27/2019   CHF     65.600
UBS AG/London             6.000   12/28/2020   CHF     61.250
Raiffeisen Switzerland    5.000    8/14/2020   EUR     41.480
Landesbank Hessen-Thue    4.500     9/8/2021   EUR     69.450
DZ Bank AG Deutsche Ze    6.500    3/25/2020   EUR     75.380
Landesbank Hessen-Thue    5.350    9/22/2023   EUR     63.180
EFG International Fina    6.000    8/24/2020   CHF     65.900
Vontobel Financial Pro   12.000    6/29/2020   EUR     64.168
Getin Noble Bank SA       5.790   12/12/2022   PLN     72.000
SG Issuer SA              0.800   10/21/2020   SEK     35.300
Landesbank Hessen-Thue    4.000   12/18/2019   EUR     68.820
SG Issuer SA              0.820     8/2/2021   SEK     20.850
Landesbank Hessen-Thue    4.000   10/14/2020   EUR     36.450
Vontobel Financial Pro    3.000    6/26/2020   EUR     63.870
Landesbank Hessen-Thue    8.000   11/17/2020   EUR     43.840
UniCredit Bank AG         3.500    9/22/2020   EUR     67.150
Landesbank Hessen-Thue    4.000    11/6/2019   EUR     67.630
UniCredit Bank AG         3.900    11/3/2019   EUR     55.870
DekaBank Deutsche Giro    3.100   10/28/2019   EUR     61.370
DekaBank Deutsche Giro    3.500   10/28/2019   EUR     28.190
Landesbank Hessen-Thue    3.100   11/25/2019   EUR     79.000
Landesbank Hessen-Thue    3.150    12/3/2019   EUR     74.100
Landesbank Hessen-Thue    6.250    7/15/2022   EUR     55.350
Getin Noble Bank SA       6.790    5/31/2023   PLN     77.000
UniCredit Bank AG         4.500   11/18/2020   EUR     66.210
Landesbank Hessen-Thue    4.250   12/11/2019   EUR     73.120
Federal Grid Co Unifie    5.600   10/30/2048   RUB     72.150
Main Road JSC             4.000   11/22/2028   RUB     72.670
Business-Consulting OA    8.500    3/26/2020   RUB    100.000
Commerzbank AG           12.250    2/28/2020   EUR     72.080
DZ Bank AG Deutsche Ze   14.250    6/24/2020   EUR     68.360
DZ Bank AG Deutsche Ze    5.250    6/24/2020   EUR     68.880
Archer Finance OOO        9.250    3/29/2022   RUB     35.350
Business-Consulting OA    6.000    12/6/2030   RUB     65.000
Plaza Centers NV          6.000     7/1/2020   ILS     21.700
Lehman Brothers Treasu   13.500   11/28/2008   USD      2.571
Lehman Brothers Treasu    0.250   10/19/2012   CHF      2.571
Lehman Brothers Treasu    6.750     4/5/2012   EUR      2.571
Lehman Brothers Treasu    5.000     5/2/2022   EUR      2.571
Lehman Brothers Treasu    1.680     3/5/2015   EUR      2.571
Lehman Brothers Treasu    3.500   10/31/2011   USD      2.571
Lehman Brothers Treasu    5.100     5/8/2017   HKD      3.400
Lehman Brothers Treasu    3.500   10/24/2011   USD      2.571
Lehman Brothers Treasu    1.750     2/7/2010   EUR      2.571
Kaupthing ehf             5.000     1/4/2027   SKK      0.250
Lehman Brothers Treasu    4.000    12/2/2012   EUR      2.571
Lehman Brothers Treasu   11.000   12/19/2011   USD      2.571
Lehman Brothers Treasu    3.350   10/13/2016   EUR      2.571
Lehman Brothers Treasu    2.480    5/12/2009   USD      2.571
Kaupthing ehf             5.250    7/18/2017   BGN      0.250
Lehman Brothers Treasu    4.000    5/17/2010   USD      2.571
Digital Invest OOO        7.850    11/3/2020   RUB      0.100
Lehman Brothers Treasu    2.250    5/12/2009   USD      2.571
Lehman Brothers Treasu    4.000    5/30/2010   USD      2.571
Lehman Brothers Treasu    6.000    3/17/2011   EUR      2.571
Lehman Brothers Treasu    4.000    4/24/2009   USD      2.571
Lehman Brothers Treasu    9.000    6/13/2009   USD      2.571
Lehman Brothers Treasu    9.000    3/17/2009   GBP      2.571
Lehman Brothers Treasu    4.500     3/6/2013   CHF      2.571
Lehman Brothers Treasu    7.000   11/28/2008   CHF      2.571
Lehman Brothers Treasu    3.600    3/19/2018   JPY      2.571
Lehman Brothers Treasu    7.250    10/6/2008   EUR      2.571
Heta Asset Resolution     4.350   12/31/2023   EUR      2.000
Lehman Brothers Treasu    6.000   10/24/2008   EUR      2.571
Lehman Brothers Treasu    7.750    1/30/2009   EUR      2.571
Lehman Brothers Treasu    7.500    7/31/2013   GBP      2.571
Lehman Brothers Treasu    8.280    7/31/2013   GBP      2.571
Lehman Brothers Treasu    8.600    7/31/2013   GBP      2.571
Lehman Brothers Treasu    8.000     8/3/2009   USD      2.571
Lehman Brothers Treasu    7.585   11/22/2009   MXN      3.750
Lehman Brothers Treasu    7.320    7/31/2013   GBP      2.571
Lehman Brothers Treasu    3.500   12/20/2027   USD      2.571
Lehman Brothers Treasu   16.000    10/8/2008   CHF      2.571
Lehman Brothers Treasu    4.800   11/16/2012   HKD      2.571
Lehman Brothers Treasu    1.500   10/12/2010   EUR      2.571
Lehman Brothers Treasu    4.000   10/12/2010   USD      2.571
Lehman Brothers Treasu   14.900   11/16/2010   EUR      2.571
ECM Real Estate Invest    5.000    10/9/2011   EUR     15.375
HSBC Bank PLC             0.500   12/22/2025   BRL     64.748
Ideal Standard Interna   11.750     5/1/2018   EUR      0.274
Lehman Brothers Treasu    3.400    9/21/2009   HKD      2.571
Lehman Brothers Treasu    5.200    11/9/2011   EUR      3.400
Lehman Brothers Treasu    4.600   10/11/2017   ILS      3.750
Lehman Brothers Treasu   11.000   12/20/2017   AUD      2.571
Lehman Brothers Treasu    8.800   12/27/2009   EUR      2.571
HSBC Bank PLC             0.500    6/23/2027   MXN     56.434
Lehman Brothers Treasu    4.250    3/13/2021   EUR      2.571
Lehman Brothers Treasu    8.000    4/20/2009   EUR      2.571
Lehman Brothers Treasu    0.500   12/20/2017   AUD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   AUD      2.571
Lehman Brothers Treasu   11.000   12/20/2017   AUD      2.571
Lehman Brothers Treasu    4.000     1/4/2011   USD      2.571
Lehman Brothers Treasu    9.300   12/21/2010   EUR      2.571
Lehman Brothers Treasu   10.000    2/16/2009   CHF      2.571
Lehman Brothers Treasu    8.000    3/21/2018   USD      2.571
Lehman Brothers Treasu    1.000    2/26/2010   USD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   AUD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   AUD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   USD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   USD      2.571
Lehman Brothers Treasu    0.500   12/20/2017   AUD      3.400
Lehman Brothers Treasu    0.500   12/20/2017   USD      2.571
Lehman Brothers Treasu    7.000    2/15/2010   CHF      2.571
Lehman Brothers Treasu    0.500   12/20/2017   USD      2.571
Lehman Brothers Treasu   11.000    2/16/2009   CHF      2.571
Lehman Brothers Treasu   13.000    2/16/2009   CHF      2.571
Lehman Brothers Treasu    5.375     2/4/2014   USD      2.571
RGS Nedvizhimost OOO     12.000   10/18/2017   RUB      0.335
Derzhava-Garant OOO      10.000    6/24/2020   RUB     60.430
Kaupthing ehf             6.125    10/4/2016   USD      0.250
Lehman Brothers Treasu   10.000    3/27/2009   USD      2.571
Lehman Brothers Treasu    5.750    6/15/2009   CHF      2.571
Lehman Brothers Treasu    4.000    4/13/2011   CHF      2.571
Lehman Brothers Treasu    5.000   10/24/2008   CHF      2.571
Lehman Brothers Treasu    8.000    5/22/2009   USD      2.571
Lehman Brothers Treasu    3.850    4/24/2009   USD      2.571
Lehman Brothers Treasu   10.500     8/9/2010   EUR      2.571
Lehman Brothers Treasu    0.250    7/21/2014   EUR      2.571
Lehman Brothers Treasu    5.500    6/15/2009   CHF      2.571
Lehman Brothers Treasu    7.500   10/24/2008   USD      2.571
Lehman Brothers Treasu    7.000    4/14/2009   EUR      2.571
Lehman Brothers Treasu    9.250    6/20/2012   USD      2.571
Lehman Brothers Treasu    3.000    9/13/2010   JPY      3.750
Mriya Agro Holding PLC   10.950    3/30/2016   USD      2.029
Lehman Brothers Treasu    3.000    8/13/2011   EUR      2.571
Lehman Brothers Treasu    6.000    9/20/2011   EUR      2.571
Lehman Brothers Treasu    2.500    8/23/2012   GBP      2.571
Lehman Brothers Treasu   13.000    7/25/2012   EUR      2.571
Lehman Brothers Treasu    6.000    5/23/2018   CZK      2.571
Lehman Brothers Treasu   10.000     1/3/2012   BRL      2.571
Kaupthing ehf             3.750    2/15/2024   ISK      0.250
Lehman Brothers Treasu    5.000    4/24/2017   EUR      2.571
Lehman Brothers Treasu    0.800   12/30/2016   EUR      2.571
Laurel GmbH               7.125   11/16/2017   EUR      7.750
AKB Peresvet ZAO          0.510     8/4/2034   RUB
Lehman Brothers Treasu    5.200    3/19/2018   EUR      2.571
SAir Group                2.750    7/30/2004   CHF      9.875
Lehman Brothers Treasu    6.600    2/22/2012   EUR      2.571
Lehman Brothers Treasu   14.900    9/15/2008   EUR      2.571
Lehman Brothers Treasu    1.500   10/25/2011   EUR      2.571
Lehman Brothers Treasu    2.500   12/15/2011   GBP      2.571
Lehman Brothers Treasu    4.000   11/24/2016   EUR      2.571
Lehman Brothers Treasu    3.700     6/6/2009   EUR      2.571
Lehman Brothers Treasu    7.500    9/13/2009   CHF      2.571
Lehman Brothers Treasu    0.500    2/16/2009   EUR      2.571
Lehman Brothers Treasu    8.500     7/6/2009   CHF      2.571
Lehman Brothers Treasu    3.000     8/8/2017   EUR      2.571
Lehman Brothers Treasu    6.000    12/6/2016   USD      2.571
Vontobel Financial Pro    9.720   10/31/2019   EUR     67.970
Vontobel Financial Pro   12.080   10/31/2019   EUR     61.330
DekaBank Deutsche Giro    3.200    11/1/2019   EUR     57.440
Vontobel Financial Pro   17.000    3/27/2020   EUR     69.010
Vontobel Financial Pro   15.000    6/26/2020   EUR     74.645
Vontobel Financial Pro    5.500    3/27/2020   EUR     59.133
Vontobel Financial Pro   13.000    3/27/2020   EUR     67.110
Vontobel Financial Pro   20.000    3/27/2020   EUR     70.250
Vontobel Financial Pro   15.500    6/25/2020   EUR     71.940
Vontobel Financial Pro    8.000    6/26/2020   EUR     59.004
Vontobel Financial Pro    6.000    6/26/2020   EUR     72.530
Bank Julius Baer & Co     5.250     6/5/2020   CHF     73.900
Vontobel Financial Pro    5.200    9/18/2020   EUR     67.302
DZ Bank AG Deutsche Ze   15.250   12/27/2019   EUR     69.320
DZ Bank AG Deutsche Ze   11.750   12/27/2019   EUR     70.290
Lehman Brothers Treasu    4.200    12/3/2008   HKD      3.400
Lehman Brothers Treasu    4.500     8/2/2009   USD      2.571
SAir Group                2.750    7/30/2004   CHF      9.875
Lehman Brothers Treasu    6.000    2/14/2012   EUR      2.571
Lehman Brothers Treasu    4.690    2/19/2017   EUR      2.571
Lehman Brothers Treasu   15.000    3/30/2011   EUR      2.571
Lehman Brothers Treasu    8.000   12/31/2010   USD      2.571
Eirles Two DAC            2.614    2/13/2046   USD     72.493
Municipality Finance P    0.250    6/28/2040   CAD     36.297
Lehman Brothers Treasu    4.500   12/30/2010   USD      2.571
Lehman Brothers Treasu    6.000    7/28/2010   EUR      2.571
Lehman Brothers Treasu    6.000    7/28/2010   EUR      2.571
Lehman Brothers Treasu    6.000    6/21/2011   EUR      2.571
Lehman Brothers Treasu    2.000    6/21/2011   EUR      2.571
Eirles Two DAC            2.621    2/13/2046   USD     72.492
Lehman Brothers Treasu    4.500     3/7/2015   EUR      2.571
Lehman Brothers Treasu    7.000    7/11/2010   EUR      2.571
Lehman Brothers Treasu    3.820   10/20/2009   USD      2.571
EDOB Abwicklungs AG       7.500     4/1/2012   EUR      1.082
Lehman Brothers Treasu    3.630     3/2/2012   EUR      2.571
Lehman Brothers Treasu    1.600    6/21/2010   JPY      2.571
Lehman Brothers Treasu    0.750    3/29/2012   EUR      2.571
Lehman Brothers Treasu    3.025    1/31/2015   EUR      2.571
Lehman Brothers Treasu    2.400    6/20/2011   JPY      2.571
Bank Julius Baer & Co     8.500    11/1/2019   USD     54.650
LBI ehf                   8.650     5/1/2011   ISK      7.875
Lehman Brothers Treasu   10.000    6/11/2038   JPY      2.571
KPNQwest NV               8.875     2/1/2008   EUR      0.863
Kaupthing ehf             7.000    7/24/2009   ISK      0.250
LBI ehf                   5.080     3/1/2013   ISK      7.875
Lehman Brothers Treasu   12.000    7/13/2037   JPY      2.571
Lehman Brothers Treasu   12.400    6/12/2009   USD      2.571
Lehman Brothers Treasu    7.500    5/30/2010   AUD      2.571
Lehman Brothers Treasu    4.000     6/5/2011   USD      2.571
Kaupthing ehf             9.750    9/10/2015   USD      0.250
Lehman Brothers Treasu   13.150   10/30/2008   USD      2.571
Lehman Brothers Treasu    4.300     6/4/2012   USD      2.571
Lehman Brothers Treasu    1.460    2/19/2012   JPY      3.750
Lehman Brothers Treasu    7.250     7/8/2014   EUR      2.571
Lehman Brothers Treasu    2.300     6/6/2013   USD      2.571
Lehman Brothers Treasu    2.370    7/15/2013   USD      2.571
Lehman Brothers Treasu    2.300    6/27/2013   USD      2.571
Kaupthing ehf             6.500    10/8/2010   ISK      0.250
Kaupthing ehf             7.500    12/5/2014   ISK      0.250
Lehman Brothers Treasu   18.250    10/2/2008   USD      2.571
Lehman Brothers Treasu    7.000   10/22/2010   EUR      2.571
Lehman Brothers Treasu    8.000   10/23/2008   USD      2.571
Lehman Brothers Treasu   13.000   12/14/2012   USD      2.571
Lehman Brothers Treasu    3.000     6/3/2010   EUR      2.571
Lehman Brothers Treasu   10.000    6/17/2009   USD      2.571
Lehman Brothers Treasu   10.600    4/22/2014   MXN      2.571
Lehman Brothers Treasu    4.600     8/1/2013   EUR      2.571
Lehman Brothers Treasu    8.000    5/22/2009   USD      2.571
Lehman Brothers Treasu   10.000    5/22/2009   USD      2.571
Lehman Brothers Treasu    9.000     5/6/2011   CHF      2.571
Lehman Brothers Treasu   11.000     7/4/2011   USD      2.571
Lehman Brothers Treasu   11.000     7/4/2011   CHF      2.571
Lehman Brothers Treasu   13.432     1/8/2009   ILS      2.571
Lehman Brothers Treasu    5.550    3/12/2015   EUR      2.571
Lehman Brothers Treasu    2.000    6/28/2011   EUR      2.571
Lehman Brothers Treasu    7.600    5/21/2013   USD      2.571
Lehman Brothers Treasu    0.500     6/2/2020   EUR      2.571
Lehman Brothers Treasu   12.000     7/4/2011   EUR      2.571
Lehman Brothers Treasu    7.600     3/4/2010   NZD      2.571
Lehman Brothers Treasu   13.500     6/2/2009   USD      2.571
Lehman Brothers Treasu   15.000     6/4/2009   CHF      2.571
Lehman Brothers Treasu   17.000     6/2/2009   USD      2.571
Lehman Brothers Treasu    7.550   12/29/2008   USD      2.571
Lehman Brothers Treasu   10.000   10/23/2008   USD      2.571
Lehman Brothers Treasu   10.000   10/22/2008   USD      2.571
Lehman Brothers Treasu    8.000    3/19/2012   USD      2.571
Lehman Brothers Treasu    5.250   11/21/2009   USD      2.571
Lehman Brothers Treasu   11.250   12/31/2008   USD      2.571
Lehman Brothers Treasu    6.000     8/7/2013   EUR      2.571
Lehman Brothers Treasu   16.800    8/21/2009   USD      2.571
Lehman Brothers Treasu   14.100   11/12/2008   USD      2.571
Lehman Brothers Treasu    6.000     3/4/2015   USD      2.571
Lehman Brothers Treasu    0.500     8/1/2020   EUR      2.571
Lehman Brothers Treasu   16.000   12/26/2008   USD      2.571
Lehman Brothers Treasu    3.100     6/4/2010   USD      2.571
Lehman Brothers Treasu    2.500    8/15/2012   CHF      2.571
Societe Generale SA       0.500     4/4/2024   MXN     72.845
Lehman Brothers Treasu    7.060   12/29/2008   EUR      2.571
Lehman Brothers Treasu    7.750    2/21/2016   EUR      2.571
Cerruti Finance SA        6.500    7/26/2004   EUR      1.901
Lehman Brothers Treasu    7.625    7/22/2011   HKD      2.571
Mriya Agro Holding PLC    9.450    4/19/2018   USD      4.818
Lehman Brothers Treasu    6.720   12/29/2008   EUR      2.571
Lehman Brothers Treasu    0.010    9/20/2011   USD      2.571
Region Invest OOO         7.850     5/4/2021   RUB      0.300
Lehman Brothers Treasu    8.000   12/27/2032   JPY      2.571
Lehman Brothers Treasu    1.500     2/8/2012   CHF      2.571
Lehman Brothers Treasu    8.050   12/20/2010   HKD      2.571
Lehman Brothers Treasu    6.250     9/5/2011   EUR      2.571
Lehman Brothers Treasu    4.100    8/23/2010   USD      2.571
Credit Suisse AG/Londo    0.500     1/8/2026   BRL     64.546
Lehman Brothers Treasu    6.700    4/21/2011   USD      2.571
KPNQwest NV               7.125     6/1/2009   EUR      0.863
Lehman Brothers Treasu    3.000    9/12/2036   JPY      3.750
Lehman Brothers Treasu    7.000    4/24/2009   USD      2.571
Lehman Brothers Treasu    8.280    3/26/2009   USD      2.571
Lehman Brothers Treasu   16.200    5/14/2009   USD      2.571
Lehman Brothers Treasu    4.000    3/10/2011   EUR      2.571
Lehman Brothers Treasu    7.600    1/31/2013   AUD      2.571
Lehman Brothers Treasu    1.000     5/9/2012   EUR      2.571
Lehman Brothers Treasu   16.000    11/9/2008   USD      2.571
Lehman Brothers Treasu    0.500     7/2/2020   EUR      2.571
Lehman Brothers Treasu    7.750     1/3/2012   AUD      2.571
Lehman Brothers Treasu    7.500    2/14/2010   AUD      2.571
Lehman Brothers Treasu    7.150    3/21/2013   USD      2.571
Lehman Brothers Treasu    3.500    6/20/2011   EUR      2.571
Lehman Brothers Treasu    6.600    5/23/2012   AUD      2.571
Lehman Brothers Treasu    6.850   12/22/2008   EUR      2.571
Lehman Brothers Treasu    7.600    3/26/2009   EUR      2.571
Lehman Brothers Treasu   16.000   10/28/2008   USD      2.571
Lehman Brothers Treasu    3.450    5/23/2013   USD      2.571
Lehman Brothers Treasu    5.500    6/22/2010   USD      3.400
Heta Asset Resolution     5.030   12/31/2023   EUR      2.000
Heta Asset Resolution     4.875   12/31/2023   EUR      2.000
Lehman Brothers Treasu    5.220     3/1/2024   EUR      2.571
Lehman Brothers Treasu    4.100    5/20/2009   USD      2.571
Lehman Brothers Treasu    4.000    2/28/2010   EUR      2.571
Lehman Brothers Treasu    2.000    5/17/2010   EUR      2.571
Lehman Brothers Treasu    1.950    11/4/2013   EUR      2.571
Raiffeisen Centrobank     6.197   12/27/2019   EUR     59.570
DZ Bank AG Deutsche Ze    5.000    2/26/2020   EUR     70.210
Raiffeisen Centrobank     9.507   12/27/2019   EUR     74.730
DZ Bank AG Deutsche Ze    9.000    3/25/2020   EUR     71.550
DZ Bank AG Deutsche Ze    6.800    4/22/2020   EUR     72.660
DZ Bank AG Deutsche Ze   11.250   12/27/2019   EUR     67.980
DZ Bank AG Deutsche Ze    5.250    8/26/2020   EUR     69.140
Raiffeisen Centrobank     6.728   12/27/2019   EUR     60.660
Raiffeisen Centrobank     9.325   12/27/2019   EUR     60.920
DZ Bank AG Deutsche Ze    9.500    2/26/2020   EUR     71.810
DZ Bank AG Deutsche Ze    7.000    3/25/2020   EUR     72.420
Raiffeisen Centrobank     7.258    6/23/2020   EUR     74.500
Raiffeisen Centrobank     6.767   12/27/2019   EUR     65.920
Raiffeisen Centrobank     7.992   12/27/2019   EUR     69.250
Raiffeisen Centrobank     8.687   12/27/2019   EUR     50.710
Lehman Brothers Treasu    6.600     2/9/2009   EUR      2.571
Raiffeisen Centrobank     7.731   12/27/2019   EUR     74.230
Raiffeisen Centrobank     8.226    6/23/2020   EUR     72.010
Raiffeisen Centrobank     6.429   12/27/2019   EUR     16.290
Raiffeisen Centrobank     8.571   12/27/2019   EUR     65.530
Raiffeisen Centrobank     8.395   12/27/2019   EUR     59.750
DZ Bank AG Deutsche Ze    5.000    8/26/2020   EUR     71.990
Vontobel Financial Pro   11.000   12/31/2019   EUR     68.460
Raiffeisen Centrobank     7.895   12/27/2019   EUR     64.100
Raiffeisen Centrobank     6.767   12/27/2019   EUR     64.070
Raiffeisen Centrobank     6.950   12/27/2019   EUR     52.050
DZ Bank AG Deutsche Ze    5.000    6/24/2020   EUR     75.000
DZ Bank AG Deutsche Ze    5.250    2/26/2020   EUR     74.000
Raiffeisen Centrobank     8.852   12/27/2019   EUR     74.420
Raiffeisen Centrobank    10.210   12/27/2019   EUR     62.330
Raiffeisen Centrobank     8.852   12/27/2019   EUR     63.950
Raiffeisen Centrobank     6.197   12/27/2019   EUR     63.560
Raiffeisen Centrobank     3.383   12/27/2019   EUR     62.960
Raiffeisen Centrobank     4.737   12/27/2019   EUR     65.890
Raiffeisen Centrobank     7.444   12/27/2019   EUR     65.500


[*] UK: Underlying Corporate Insolvencies Up 1.6% in 3Q 2019
------------------------------------------------------------
Andy Bruce at Reuters reports that figures showed the number of
underlying corporate insolvencies in England and Wales rose by 1.6%
compared with the third quarter of 2018.

Law firm Freshfields Bruckhaus Deringer, which deals with
restructuring, highlighted rising financial problems among
retailers, Reuters relates.

"Normally, you don't see many retail insolvencies in the run up to
Christmas because owners and lenders wait until the seasonal stock
is sold in the Christmas and New Year sales and turned into cash,"
Reuters quotes Freshfields insolvency partner Richard Tett as
saying.

"This shows the depth of the problems on the high street."



                           *********


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-Europe 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, Rousel Elaine T. Fernandez, Joy A. Agravante,
Julie Anne L. Toledo, Ivy B. Magdadaro, and Peter A. Chapman,
Editors.

Copyright 2019.  All rights reserved.  ISSN 1529-2754.

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.

The TCR Europe subscription rate is US$775 per half-year,
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 * * *