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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, December 16, 2019, Vol. 20, No. 250

                           Headlines



D E N M A R K

DKT HOLDINGS: S&P Alters Outlook to Negative & Affirms 'B+' Rating


F R A N C E

NEMERA LA VERPILLIERE: S&P Alters Outlook to Neg & Affirms 'B' ICR


G E R M A N Y

DREAM GLOBAL: Moody's Assigns B1 Corp. Family Rating
TELE COLUMBUS: S&P Affirms Then Withdraws 'B-' Rating


I R E L A N D

FINSBURY SQUARE 2017-2: Moody's Affirms B3 Class D Notes Rating
LIMERICK FC: Faces Liquidation After Examinership Process Ends
MADISON PARK VIII: Moody's Rates EUR11.5MM Cl. F Notes B3(sf)
TABERNA EUROPE I: Fitch Affirms C Rating on Class E Debt
TABERNA EUROPE II: Fitch Upgrades Class A2 Notes to CCCsf



L U X E M B O U R G

CATLUXE ACQUISITIONS: Moody's Affirms B3 CFR, Alters Outlook to Neg


N E T H E R L A N D S

AFFIDEA BV: S&P Assigns 'B+' Issuer Credit Rating, Outlook Stable
DRYDEN 73 2018: S&P Assigns B- (sf) Rating to Class F Notes
DRYDEN 73 EURO 2018: Fitch Assigns B-sf Rating on Class F Notes
MAGOI BV: Fitch Downgrades Class F Debt to B(EXP)


U N I T E D   K I N G D O M

BBD PARENTCCO: Fitch Assigns 'B' LT IDR, Outlook Stable
CHILANGO: Bondholders May Opt for Debt-for-Equity Swap Under CVA
CLUGSTON GROUP: Enters Administration, 150 Jobs Affected
INMARSAT PLC: S&P Cuts LT Rating to 'B+' on Sale to Connect Bidco
THOMAS COOK: Set to Be Relaunched by Next Year by New Owner

TOGETHER FINANCIAL: Fitch Affirms 'BB' LT Issuer Default Rating
TWIN BRIDGES 2019-1: Fitch Affirms BB+sf Rating on Cl. X1 Debt


X X X X X X X X

[*] BOND PRICING: For the Week December 9 to December 13, 2019

                           - - - - -


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D E N M A R K
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DKT HOLDINGS: S&P Alters Outlook to Negative & Affirms 'B+' Rating
------------------------------------------------------------------
S&P Global Ratings revised its outlook on DKT Holdings ApS, parent
of Danish telecom operator TDC A/S, to negative from stable, and
affirming the ratings at 'B+'.

S&P expects TDC to maintain 2019's capital intensity in coming
years, as it remains focused on building a superior 5G network.

S&P said, "In our view, Danish telecommunications network operator
TDC's capital expenditure (capex; excluding spectrum payments) will
be about Danish krone (DKK) 4.6 billion to DKK4.8 billion for
full-year 2019, representing 26% to 27% of sales as the company
continues to expand its fiber network and build its
fifth-generation (5G) network. In addition, the company invested
DKK1.3 billion in spectrum in 2019, winning key spectrums required
to build 5G network. Owing to significant network investment, we
expect TDC will report negative FOCF in 2019. Our expectation is
that TDC will maintain reported capex to sales above 25% in 2020,
to confront fierce domestic competition and alternative
infrastructure operators. FOCF should improve in 2020, after 2019's
one-off spectrum outlays, but it could remain negative compared
with our previous expectation of positive FOCF in 2020. While we
expect incremental benefits on operating performance from the high
network investment in the longer term, we believe it does not
offset the short-term effect on cash flows.

"High capex coupled with shareholder remuneration will likely weigh
on debt. In addition to the high capex, we assume TDC will continue
to pay dividends of about DKK500 million-DKK800 million each year.
As such, we expect the combination of high capex and continued
dividends to burn cash and consequentially increase S&P Global
Ratings-adjusted debt."

Conflicting effects are expected on the EBITDA trend. Cost savings
and potential commercial traction from sports-content investments
will likely be offset by ongoing separation and restructuring
costs, and higher content costs. This could compromise S&P's
expected improvement in adjusted senior leverage toward 5.5x from
5.8x in 2018.

The negative outlook on DKT Holdings reflects S&P's expectation
that the company will maintain heavy network- and
content-investment efforts, while at the same time bearing the
costs of its ongoing transformation and optimization initiatives.
This could more than offset the benefits from potentially better
pricing in the consumer segment, content monetization, and cost
savings.

S&P could downgrade DKT Holdings if:

-- Fierce competition and challenging monetization of content
costs or protracted transformation costs result in continued EBITDA
decline;

-- S&P continues to foresee negative discretionary cash flow (DCF)
in 2020; and

-- Adjusted debt to EBITDA fails to decline toward 5.5x (excluding
shareholder loans) from 2020, or adjusted leverage including
shareholder loans shoots to above 8.5x.

S&P could revise the outlook to stable if stronger-than-expected
EBITDA or DCF supported an improvement in our adjusted senior debt
leverage toward 5.5x (sustainably below 8.5x including shareholder
loans) over time.




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F R A N C E
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NEMERA LA VERPILLIERE: S&P Alters Outlook to Neg & Affirms 'B' ICR
------------------------------------------------------------------
S&P Global Ratings revised its outlook on Nemera La Verpilliere's
parent company Financiere N to negative from stable, and affirmed
its 'B' issuer credit rating.

S&P also affirmed its 'B' issue-level ratings on the group's senior
secured debt facilities. The recovery ratings on the debt
facilities are unchanged.

Cross-site manufacturing issues weigh heavily on operating
performance, but growth prospects should help reduce leverage.

Nemera's year-to-date (YTD) reported operating margins have
weakened markedly to 13.7% (after exceptional costs) from 15.4% a
year ago. As a result, reported gross debt leverage stood at 7.9x
(based on a rolling 12-month EBITDA of EUR66.2 million as of Oct.
31). The company's performance was affected, with overall EBITDA
trailing budgeted levels by EUR10.3 million, due to high equipment
and process inefficiencies across most of its production
facilities. Earlier in the year, Nemera implemented a turnaround
plan (Project Perfex), and engaged with external consultants to
assist in the process. S&P anticipates the plan's associated costs
(about EUR6.5 million YTD) to continue to weigh on overall EBITDA
and FOCF generation next year.

S&P said, "Despite this negative development and the inherently
weak free cash flow generation of the business, we think growth
dynamics remain sound. This reflects positive contract
manufacturing outsourcing trends by large pharmaceutical and
generics drugs manufacturers. In our view, this should help Nemera
to grow absolute EBITDA and reduce debt leverage over the next
12-18 months. Free cash flow conversion is inherently weak due to
the high capital intensity of the industry. Capital expenditure
(capex) is incurred shortly after a program contract signing, while
the ramp-up of sales typically occurs by the third or fourth year.
This makes operating efficiency an important pillar for the
stability of absolute EBITDA generation. We note positively that
the company's core sales grew 8.0% YTD, reflecting increased
volumes, particularly in the Parenteral and Ophthalmic segments. In
the event of no further material deterioration in production
efficiency, and sustained high-single-digit growth rate, we think
Nemera should be able to reduce its debt to EBITDA ratio to below
8x by the end of 2020 and improve its free cash flow generation. In
2019, we expect S&P Global Ratings-adjusted debt to EBITDA of about
8.8x and modest negative FOCF of about EUR2.0 million-EUR4.0
million.

"Modest scale of operations restricts the company's earnings
generation capacity, thereby increasing execution risks. Despite
its leading market position (among the top three players) in most
of the drug-delivery routes, our assessment of Nemera's earnings
generation capacity reflects its modest scale, with only four
manufacturing plants. In our view, this brings execution risks and
limits the room for further deterioration in production quality.

In recent years (2015-2018), the company has grown very rapidly, at
a constant adjusted compound annual rate of about 8.6%. To cope
with ever-increasing demands from its clients, both in terms of the
size of orders and shorter timeframe, the company invested in the
expansion of existing production capacities, while also trying to
adjust them to different programs. This has led to increased
complexity in established processes and wear-and-tear of equipment,
thus resulting in increased cost of non-quality (about 6.0% during
this year). Given this inherent capacity constraint, S&P thinks
that it is of paramount importance that the company resolves the
issues if it hopes to maintain current volume growth.

S&P said, "While there are very high barriers to entry, owing to
the inseparable drug-device combination, we think that switching
costs exist. This is particularly true for established programs
where sales volumes of a particular drug have taken off, and more
suppliers are added to the production chain to support volume
demand. In that respect, we note that in 2017 about 42% of Nemera's
reported EUR291 million revenues from core franchise programs were
derived from devices for which Nemera was the second, third, or
fourth supplier. Despite recent events, we positively note that the
company has not yet lost a client."

A lack of near-term refinancing risks leaves room for the
implementation of the turnaround plan. Given the long-dated
maturity profile (no significant maturities until January 2025) of
the capital structure following the refinancing earlier in the
year, and sufficient level of liquidity, S&P thinks that there is
room for the group to execute its turnaround plan. In particular,
following the implementation of the factoring facility and gradual
replenishment of the available RCF, and in the absence of further
operational headwinds and potential outlay of customers, the
company should be able to improve its liquidity position further by
year-end 2020.

During 2019, Nemera drew down more than 40% under its committed RCF
facility (to cover buyout closing-related fees and the acquisition
of U.S.-based Insight). This is the level to trigger the covenant
test, but only if the 40% drawdown condition is met after the end
of the third full financial quarter following the refinancing of
its capital structure earlier in the year. S&P said, "We understand
that the company asked lenders for a waiver as it is in the process
of implementing IFRS 16, but we expect the impact to be very
limited as the company owns most of its manufacturing facilities.
Nemera is in the process of implementing a non-recourse factoring
facility, particularly in France and Germany, to accelerate
receivables collection and pay down the RCF drawdown. We include
utilizations under such facilities in our adjusted debt
calculations because we view them as akin to secured debt under our
methodology. We also do not net cash against debt, reflecting the
company's private equity ownership."

The negative outlook reflects the possibility that S&P could lower
the ratings on Nemera over the next 12-18 months if it sees no
tangible benefits from the implementation of the turnaround plan.

S&P said, "We could lower the ratings on Nemera if we see that it
is unable to achieve material savings from the implementation of
the turnaround, in the form of a leaner cost base and reduced cost
of non-quality. In our view, continued production quality issues
could hinder the company's ability to deliver the volumes needed to
grow at the current pace, given the small size of its asset base
and corresponding capacity expansion constraints. This could
potentially lead to an outflow of customers, owing to its inability
to fulfill contractual agreements. This would prevent it from
reducing adjusted debt leverage meaningfully below 8.0x by year-end
2020, and below 7.0x by 2021.

"We could consider revising the outlook back to stable if we see
that the company is on track to achieve the envisaged cost savings
under the turnaround plan, while continuing to grow at
high-single-digit rates, largely as a result of the successful
ramp-up of own-IP products (such as Novelia) and new production
line for Novo Nordisk. Under such a scenario, we would likely
observe the company's absolute recurring EBITDA generation
exceeding the EUR70 million threshold by 2021. This should allow it
reduce adjusted leverage to closer to 7.0x."




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G E R M A N Y
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DREAM GLOBAL: Moody's Assigns B1 Corp. Family Rating
----------------------------------------------------
Moody's Investors Service assigned a B1 corporate family rating to
Dream Global Real Estate Investment Trust, an owner and operator of
mostly office properties focused on Germany and the Netherlands. At
the same time, Moody's downgraded to B1 from Baa2 the backed senior
unsecured rating of Dream Global Funding I S.a r.l. The outlook on
both entities remains on ratings under review.

As a consequence of the downgrades, Moody's has withdrawn the Baa2
long term issuer rating of Dream, in line with the rating agency's
practice for non-financial corporates with investment-grade
ratings.

RATINGS RATIONALE

The downgrade follows (1) the announcement on December 10, 2019
that Blackstone has completed the acquisition of Dream and (2)
Moody's view that credit metrics will be much weaker, and the
company will operate at a much smaller scale following the
acquisition.

On November 11, 2019, Dream announced an offer to repurchase the
Moody's rated EUR375 million Notes due 2021 and the EUR300 million
Notes due 2026 issued by Dream Global Funding I S.a r.l. and
guaranteed by Dream. The repurchase offer was conditional upon the
completion of the Blackstone acquisition. As part of the Notes
repurchase announcement, Blackstone publicly provided guidance on
the financial policies and the structure to be pursued for Dream if
its acquisition were successful. Blackstone plans to increase
Dream's loan-to-value to no less than 60% and potentially as high
as 80%. Furthermore, Blackstone will only retain limited assets
within Dream sufficient to comply with the maintenance covenants
for the Notes (unencumbered assets to unsecured debt ratio being at
least 125%). On November 25, 2019, Dream announced the results of
the repurchase offer with EUR227.4 million (or 60.6%) of the 2021
Notes and EUR222.8 million (or 74.2%) of the 2026 Notes validly
tendered. Based on the amount of repurchased Notes, a minimum of
EUR300 million of assets could be retained within Dream to comply
with the maintenance covenants compared to the approximately EUR4
billion of assets the company currently holds.

Moody's expects the review to be resolved once Moody's has
sufficient visibility on the final structure, leverage, and
quantity and quality of the remaining assets within Dream following
the acquisition. In addition to monitoring the progress of the
transaction, the review will focus on the impact of the changing
shareholder structure on Dream's operations, strategy, financial
policy, and access to capital. The review could result in a
potential rating downgrade of one or more notches.

Governance risks Moody's considers in Dream's credit profile
include the potential weakening of controls as Dream transitions
from a publicly listed entity to a private equity controlled
entity.

FACTORS THAT COULD LEAD TO AN UPGRADE / DOWNGRADE

Upward pressure on the rating is unlikely in the short term but
could arise if the company maintained enough scale of around EUR1
billion in assets and targeted a loan to value below 60%. Downward
rating pressure could arise if leverage, as measured by
Moody's-adjusted gross debt / total assets, went well above 60% and
the company fails to maintain sufficient scale of good quality
assets and good access to capital.

LIST OF AFFECTED RATINGS:

Issuer: Dream Global Real Estate Investment Trust

Assignment and placed on review for downgrade:

LT Corporate Family Rating, Assigned B1

Rating Withdrawal:

LT Issuer Rating, Rating Withdrawn from Baa2

Issuer: Dream Global Funding I S.a r.l.

Downgraded and placed on review for further downgrade:

BACKED Senior Unsecured Regular Bond/Debenture, Downgraded to B1
from Baa2

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was REITs and Other
Commercial Real Estate Firms published in September 2018.

TELE COLUMBUS: S&P Affirms Then Withdraws 'B-' Rating
-----------------------------------------------------
S&P Global Ratings affirmed its 'B-' ratings on Tele Columbus, and
subsequently withdrew them at the company's request. At the time of
the withdrawal, the outlook was negative.

Tele Columbus's operating trends and cash burn are stabilizing.

Tele Columbus managed to return to modest internet user gains of
8,000 over the past 12 months, after subscriber losses in the first
half of 2018. At the same time, revenues and EBITDA (before
exceptional costs) for the first nine months of 2019 were broadly
stable, and lower nonrecurring costs and capital expenditure
(capex) reduced Tele Columbus' reported cash burn to EUR17 million
(free operating cash flow after lease payments) compared with about
EUR56 million in 2018. S&P thinks nonrecurring costs will decline
further in 2020 because of a leaner organizational structure, and
lower network upgrade needs should help keep capex about flat.

Liquidity remains a concern.

S&P said, "Without a pickup in topline and EBITDA growth, we
project Tele Columbus' cash flow generation in 2020 will remain
subdued, and liquidity could remain under pressure. As of
third-quarter 2019, the company had only EUR9 million of cash, with
EUR8 million drawn under the EUR50 million revolving credit
facility (RCF). The springing maintenance covenant on the RCF
applies if more than 35% of the RCF is drawn, and headroom remains
tight, with net leverage at 6.24x as of third-quarter 2019 versus
the covenant level of 6.5x. Liquidity could weaken further if the
company fails to renew the RCF, which matures in January 2021,
ahead of time. We think Tele Columbus' ability to expand its
internet user base will be key to accelerating its long-term
growth, considering the structural decline of its TV business."




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FINSBURY SQUARE 2017-2: Moody's Affirms B3 Class D Notes Rating
---------------------------------------------------------------
Moody's Investors Service upgraded the ratings of the Class B and
Class C Notes of Finsbury Square 2017-2 plc. The rating action for
the affected Notes reflects increased levels of credit enhancement
and better than expected collateral performance.

Moody's affirmed the rating of the Class A Notes that had
sufficient credit enhancement to maintain their current rating.
Moody's also affirmed the rating of the Class D Notes, due to these
Notes relying on excess spread as the only form of credit
enhancement and their sensitivity to high portfolio prepayment
speeds.

Issuer: Finsbury Square 2017-2 plc

GBP350.32M Class A Notes, Affirmed Aaa; previously on Jul 28, 2017
Definitive Rating Assigned Aaa

GBP18.22M Class B Notes, Upgraded to Aaa; previously on Jul 28,
2017 Definitive Rating Assigned Aa1

GBP24.30M Class C Notes, Upgraded to Aa1; previously on Jul 28,
2017 Definitive Rating Assigned Aa3

GBP12.16M Class D Notes, Affirmed B3; previously on Jul 28, 2017
Definitive Rating Assigned B3

RATINGS RATIONALE

The upgrade action is prompted by an increase in credit enhancement
for the Class B and Class C Notes and decreased key collateral
assumptions, namely the portfolio Expected Loss assumption, due to
better than expected collateral performance.

The Class D Notes are relying on excess spread as the only form of
credit enhancement and are thus highly sensitive to high portfolio
prepayment speeds.

The rating action took into account the increased uncertainty
relating to the impact of the performance of the UK economy on the
transaction over the next few years, due to the on-going
discussions relating to the final Brexit agreement.

Increase in Available Credit Enhancement

For the Class A, Class B and Class C Notes, pool deleveraging and
sequential amortisation led to the increase in the credit
enhancement available in this transaction.

The credit enhancement for the Class B Notes increased to 22.5%
from 11.0% and for the Class C Notes to 10.2% from 5.0% since
closing, respectively.

Revision of Key Collateral Assumptions

As part of the rating action, Moody's reassessed its lifetime loss
expectation for the portfolio reflecting the collateral performance
to date.

Moody's decreased the expected loss assumption to 1.5% as a
percentage of original pool balance from 2.0% due to the continued
good performance.

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
these 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:

Factors or circumstances that could lead to an upgrade of the
ratings include: (1) performance of the underlying collateral that
is better than Moody's expected; (2) an increase in available
credit enhancement; (3) improvements in the credit quality of the
transaction counterparties; and (4) a decrease in sovereign risk.

Factors or circumstances that could lead to a downgrade of the
ratings include: (1) an increase in sovereign risk; (2) performance
of the underlying collateral that is worse than Moody's expected;
(3) deterioration in the notes' available credit enhancement; and
(4) deterioration in the credit quality of the transaction
counterparties.

LIMERICK FC: Faces Liquidation After Examinership Process Ends
--------------------------------------------------------------
Emmet Malone at The Irish Times reports that the Football
Association of Ireland says it will consider how to proceed over
the coming days following the end of the examinership process in
relation to Limerick FC, whose owner, Pat O'Sullivan, told Ennis
Circuit Court that he had been treated in a "scandalous" manner by
the association.

According to The Irish Times, the company behind the club, Munster
Football Club Limited, is now set to be wound up, either by Mr.
O'Sullivan or by its creditors, who were owed about EUR490,000 when
the examinership process was initiated back in September.  The
Revenue Commissioners are understood to have been owed a
substantial portion of the total, The Irish Times notes.

The club ran into trouble fairly quickly and co-owner Jack
McCarthy, a New Jersey-based lawyer and judge, stepped in, although
by July 2009, having spent almost EUR300,000 of his own money, he
said that he could no longer continue to fund day-to-day
operations, The Irish Times recounts.  It was at that point that
Mr. O'Sullivan became involved and over the months he built up a
stake of about 30% in the club, The Irish Times notes.

Talks about a takeover stalled, however, and it was announced that
a license had been granted to an entirely different company,
Munster Football Club Limited, The Irish Times relays.  

Mr. McCarthy, as cited by The Irish Times, said that it was the
first he had heard of an application even having been made by that
entity, which was wholly controlled by Mr. O'Sullivan and a family
member.

In the years since, Mr. O'Sullivan told the court on Dec. 11, he
had put between EUR6 million and EUR7 million into supporting the
club, The Irish Times states.

He had been seeking other backers for much of that time, however,
and the money really ran out a little over a year ago when his main
business, Galtee Fuels, went into liquidation, The Irish Times
recounts.  The effect on the club was obvious, with many
well-publicized problems, most obviously in relation to the payment
of wages, over the course of the season just ended, The Irish Times
discloses.

The court-appointed examiner, Conor Noone of Baker Tilly Chartered
Accountants, suggested only last month that there were eight
parties who had expressed an interest in investing in the club, but
none engaged with him to the extent required to make saving the
club a serious prospect, and no license was applied for on behalf
of the current entity, The Irish Times notes.


MADISON PARK VIII: Moody's Rates EUR11.5MM Cl. F Notes B3(sf)
-------------------------------------------------------------
Moody's Investors Service announced that it has assigned the
following definitive ratings to refinancing notes issued by Madison
Park Euro Funding VIII DAC:

EUR287,500,000 Class A Senior Secured Floating Rate Notes due 2032,
Definitive Rating Assigned Aaa (sf)

EUR48,300,000 Class B Senior Secured Floating Rate Notes due 2032,
Definitive Rating Assigned Aa2 (sf)

EUR27,600,000 Class C Senior Secured Deferrable Floating Rate Notes
due 2032, Definitive Rating Assigned A2 (sf)

EUR29,900,000 Class D Senior Secured Deferrable Floating Rate Notes
due 2032, Definitive Rating Assigned Baa3 (sf)

EUR23,000,000 Class E Senior Secured Deferrable Floating Rate Notes
due 2032, Definitive Rating Assigned Ba3 (sf)

EUR11,500,000 Class F Senior Secured Deferrable Floating Rate Notes
due 2032, Definitive Rating Assigned B3 (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.

The Issuer will issue the refinancing notes in connection with the
refinancing of the following classes of notes: Class A-1 Notes,
Class A-2 Notes, Class B-1 Notes, Class B-2 Notes, Class C Notes,
Class D Notes, Class E Notes and Class F Notes due 2030, previously
issued on December 29, 2016. On the refinancing date, the Issuer
will use 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 54.1
million of Class M subordinated notes, which will remain
outstanding.

As part of this reset, the Issuer has set the reinvestment period
to 4.5 years and the weighted average life to 8.5 years. 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.

Credit Suisse Asset Management Limited 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 4.5-year
reinvestment period. Thereafter, subject to certain restrictions,
purchases are permitted using principal proceeds from unscheduled
principal payments and proceeds from sales of credit impaired
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 460,000,000

Defaulted Par: EUR 0.0 as of September 12, 2019

Diversity Score: 54

Weighted Average Rating Factor (WARF): 2950

Weighted Average Spread (WAS): 3.60%

Weighted Average Coupon (WAC): 4.25%

Weighted Average Recovery Rate (WARR): 43.5%

Weighted Average Life (WAL): 8.5 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.

TABERNA EUROPE I: Fitch Affirms C Rating on Class E Debt
--------------------------------------------------------
Fitch Ratings affirmed five tranches of Taberna Europe CDO I, plc.

RATING ACTIONS

Taberna Europe CDO I, plc

Class A2 87331DAB4;   LT CCCsf Affirmed; previously at CCCsf

Class B 87331DAC2;    LT Csf Affirmed;   previously at Csf

Class C 87331DAE8;    LT Csf Affirmed;   previously at Csf

Class D XS0278182851; LT Csf Affirmed;   previously at Csf

Class E XS0278187652; LT Csf Affirmed;   previously at Csf

TRANSACTION SUMMARY

The transaction is exposed to senior unsecured, subordinated debt,
trust preferred securities issued by real-estate companies,
commercial real-estate debt, and securities issued by financial
companies.

KEY RATING DRIVERS

The affirmation of Taberna Europe I, plc at 'CCCsf' reflects
expected deleveraging leading to increased credit enhancement,
based on performing assets, to 29.5% end-2019 from 23.2% last
year.

Excess spread is also expected to contribute to the redemption of
the rated notes through excess spread diversion as a result of a
breach of coverage tests. Based on the latest reported figures,
Fitch estimates that roughly EUR7.6 million will be diverted from
interest to pay for principal redemption on the notes.

The average credit quality of the performing collateral has
slightly weakened over the past year as one asset was downgraded by
one notch to 'B'. There have been no new deferrals or defaults
since Fitch's last rating action a year ago.

The class A2 notes received EUR21.1 million the past year mainly
from full early redemption of one performing asset (for EUR20
million) and from interest proceeds diverted from junior notes to
redeem the senior notes (for EUR1.1 million).

The affirmation is also driven by the small number of performing
assets left in the portfolio (five assets including one perpetual
asset) and the outstanding balance of the four non-perpetual assets
is adequate to cover the remaining balance of the class A2 notes.

However, the class B to E notes are affirmed at 'Csf', reflecting
the insufficient balance of performing assets in the portfolio to
redeem those notes and its expectation that there will be no
recoveries from defaulted assets.

RATING SENSITIVITIES

Not applicable due to few performing assets left in the portfolio.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action.

TABERNA EUROPE II: Fitch Upgrades Class A2 Notes to CCCsf
---------------------------------------------------------
Fitch Ratings upgraded Taberna Europe CDO II P.L.C's class A2
notes.

RATING ACTIONS

Taberna Europe CDO II P.L.C

Class A2 XS0311585672; LT CCCsf Upgrade; previously at CCsf

TRANSACTION SUMMARY

The transaction is exposed to senior unsecured, subordinated debt,
trust preferred securities issued by real-estate companies, and
securities issued by financial companies.


KEY RATING DRIVERS

The upgrade of Taberna Europe II plc class A2 notes mainly reflects
expected deleveraging leading to increased credit enhancement based
on performing assets to 35.2% end-2019 from 28% last year.

Excess spread is also expected to contribute to the redemption of
the class A2 notes though excess spread diversion as a result of a
breach of the coverage test. Based on the latest reported figures,
Fitch estimates that roughly EUR11.4 million will be diverted from
interest to pay the principal on the notes.

The average credit quality of the performing collateral has
slightly weakened over the past year as an asset was downgraded by
one notch to 'B'. There have been no new deferrals or defaults
since Fitch's last rating action a year ago.

As the class A1 notes were fully redeemed in May 2019, the class A2
notes have received EUR21.2 million this year mainly from full
early redemption of one performing asset (for EUR27 million) and
from interest proceeds diverted from junior notes to redeem the
senior notes (for EUR1.5 million).

The affirmation is also driven by a small number of performing
assets left in the portfolio (five assets including one perpetual
asset) and the balance of the four non-perpetual assets remains
adequate to cover the remaining balance of the class A2 notes.

RATING SENSITIVITIES

Not applicable due to performing assets left in the portfolio.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action.



===================
L U X E M B O U R G
===================

CATLUXE ACQUISITIONS: Moody's Affirms B3 CFR, Alters Outlook to Neg
-------------------------------------------------------------------
Moody's Investors Service changed the outlook of CatLuxe
Acquisition S.a.r.l. to negative from stable. Concurrently, the
rating agency has affirmed the B3 corporate family rating and B3-PD
probability of default rating as well as the B2 ratings assigned to
CatLuxe S.a.r.l.'s existing senior secured bank facilities,
consisting of a EUR215 million Term Loan B and a EUR45 million
revolving credit facility. The outlook on both entities has been
changed to negative from stable.

"The rating action reflects the company's current underperformance
versus our expectations in the ten months to October 2019, and the
deterioration of credit metrics, that now weakly position the
company in the B3 rating category", said Guillaume Leglise, Moody's
lead analyst for Pronovias and Assistant Vice President. "While we
expect some recovery in earnings in the next 18 months, the
company's leverage is likely to remain high in the foreseeable
future and there could be pressures on liquidity if the company
fails to generate positive free cash flow over the next 18 months
as we currently expect in spite of the recent underperformance",
adds Mr Leglise.

RATINGS RATIONALE

The change of outlook to negative from stable reflects Moody's
expectations that Pronovias' leverage (Moody's-adjusted gross
debt/EBITDA) will remain high over the next 12 to 18 months. This
is the result of Pronovias' weak operating performance in 2019,
owing to weak reorders of the 2019 collections in its wholesale
segment. This translated into an EBITDA decline of 4.2% for the
year-to-date October 2019 to EUR36.6 million (as adjusted by the
company) from EUR38.2 million during the same period in 2018. This
performance in 2019 was far below the company's budget and Moody's
expectations.

Pronovias' leverage (Moody's-adjusted debt/EBITDA) is expected to
increase to above 8.0x by the end of fiscal 2019 (year ended
December 31) from 6.9x at the end of 2018. Besides the company's
weak operating performance during the first 10 months of 2019, the
significant increase in leverage was also caused by the additional
debt raised this year to fund the acquisition of Ladybird (EUR12
million second-lien add-on) and the need to draw on the RCF for
liquidity purposes.

Moody's expects the company's revenue and EBITDA will gradually
improve over the next 12-18 months on the back of the strategic
initiatives put in place in the last 12 months, notably in direct
retailing. Moody's expects Pronovias' leverage will fall back to
below 7.0x over the next 18 months, a level which is more
commensurate with the B3 rating category. However, there is much
uncertainty with regards to how successful management's new
initiatives will be and there are execution risks associated with
the successful integration of recent acquisitions. Moody's
forecasts that the earnings improvement will allow the company to
generate positive free cash flow, but if the growth in EBITDA fails
to materialize as Moody's expects, the company's free cash flow
generation could weaken or turn negative, and stretch the company's
liquidity profile.

For now, Pronovias' liquidity is adequate. As of October 31, 2019,
the company had EUR6.4 million of cash and cash equivalents and
EUR11.5 million available under its committed revolving credit
facility EUR45 million. Combined with Moody's expectations of
positive, albeit limited, free cash flow generation in a range of
EUR5 million to EUR15 million over the next 12-18 months, available
liquidity should allow the company to meet its cash requirements
over the medium term.

The B3 CFR reflects: (1) Pronovias' high financial leverage; (2)
its underperformance over recent quarters; (3) its modest scale of
operations with limited product diversity; (4) the niche nature of
its operations relative to Moody's rated universe of apparel
companies; (5) and the long-term trend of decreasing wedding
rates.

The B3 rating also reflects the company's: (1) established market
position in the bridal wear segment; (2) good brand awareness both
domestically and internationally; (3) and a strong profitability
and cash flow generation underpinned by an asset-light business
model.

WHAT COULD CHANGE THE RATINGS UP/DOWN

Positive rating pressure is unlikely in the short term given the
change of outlook to negative from stable, but could develop if
Moody's adjusted gross leverage reduced sustainably below 6.0x.

Conversely, negative rating pressure could develop if the company
cannot reverse the recent earnings deterioration, leverage remains
above 7.0x for a prolonged period of time or liquidity deteriorates
as a result of negative free cash flow generation.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE CONSIDERATIONS

Pronovias' rating takes into account its aggressive financial
policy, which is reflected by its high leverage. Also, the company
has pursued an active acquisition strategy recently, which bears
execution risks. For instance, the recent acquisition of Ladybird
has been financed through debt. Pronovias is owned by a financial
sponsor, and as such, Moody's expects its financial policy to be
shareholder friendly. While Pronovias' financial reporting improved
in recent periods, its depth and quality is lagging behind peers in
Moody's view.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Apparel
Methodology published in October 2019.

COMPANY PROFILE

CatLuxe Acquisition S.a.r.l. is an international bridal wear
company with a presence in 95 countries. In 2018, the company's net
sales and EBITDA reached EUR176 million and EUR52.7 million,
respectively (pro forma the acquisition of Nicole). The company is
mostly present in Europe (around 69% of sales). The company's
largest markets are Spain (22% of sales), followed by Italy (21%)
and the US (12.5%).



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

AFFIDEA BV: S&P Assigns 'B+' Issuer Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' long-term issuer credit rating
to Affidea B.V., and its 'B+' issue rating to its senior secured
term loan facility due 2026.

Affidea is a private advanced diagnostics imaging and cancer care
treatment services provider. It generated EUR400 million in sales
and reported an adjusted EBIT margin of 7% in fiscal year (FY)
ending Dec. 31, 2018. S&P's 'B+' rating reflects the group's
pan-European presence, sound profitability, and supportive
ownership structure. However, the levered capital structure
post-transaction closing, external growth appetite, exposure to
reimbursement risk, and staff cost pressures all constrain the
ratings.

Founded in 1991 in Hungary as a one-center diagnostics imaging
company, Affidea has built a pan-European presence under successive
ownership structures by employing a buy-and-build strategy. Since
2014, the group has almost doubled in terms of its number of
centers (260 as of August 2019). It now has presence in 16
countries across both Western and Eastern Europe. No single country
accounts for more than 20% of the group's revenues or EBITDA. The
top-three countries--Italy, Portugal, and Poland--accounted for
40%-50% of group revenue and EBITDA in the 12 months to June 2019.

S&P said, "Affidea intends to continue to consolidate the
outsourced diagnostics imaging sector in Europe, and we understand
that it has a healthy pipeline of opportunities. Our 'B+' ratings,
therefore, incorporate a one-notch negative adjustment. This is
because, even though we have factored in smaller bolt-on
acquisitions, we do not rule out the potential for a more sizable
debt-funded acquisition, or a series of smaller ones. Even though
such a strategy always introduces integration risks, there is
extensive due diligence in place. Moreover, management intends to
focus on markets where the group already has local knowledge, which
in our view helps mitigate these risks."

There are good organic growth prospects in the outsourced European
diagnostics imaging and cancer care therapeutic markets. Estimated
at EUR4 billion and EUR1 billion in sales in 2016, respectively,
they are projected to grow by 4% and 7.6% (on a constant adjusted
growth rate [CAGR] basis) until at least 2022. Even though just
over 55% of the diagnostics market in Europe is still served by
public hospitals, growth prospects are sound owing to high unmet
demand, rising waiting lists, and a generally underinvested asset
base in the public sector. The likes of Affidea, therefore,
increasingly benefit from positive outsourcing trends. The group
has a well-entrenched market position in the expanding but
underpenetrated Central and Eastern European region, which should
provide it with a competitive advantage over late entrants.

S&P thinks that pressure from staff costs, stemming from the
ongoing shortage of skilled staff (radiologists), will represent a
major challenge in the medium to long term. This is not an
Affidea-specific, but an industry-wide problem. Medical salaries
have risen to 40.9% of revenue in the first half of 2019 from about
37% of revenue in 2016. To tackle some of this pressure, Affidea is
looking to invest in teleradiology trends (remote reading of scans
and reports), and the shift toward a more variable-based pay system
(based on volumes). Considerable investments are also going toward
its flagship MRI Excellence Program, which is the largest of its
kind globally and present in 11 countries since its introduction in
2017. This program is aimed at standardizing data and reducing
examination time, thereby allowing for better staff scheduling.

S&P said, "We also see a potential challenge from pressured
reimbursement tariffs, owing to constrained national budgets,
particularly in Western Europe (about 60% of revenue for the 12
months to June 2019). The contracts in place stipulate minimum
reimbursement tariffs, which are typically subject to annual review
following national healthcare budget reviews. There are also
contracts that stipulate certain quotas for patient numbers. In
countries such as Poland, Italy, and, to a certain extent,
Romania--together comprising about 35.0%-45.0% of group revenue and
EBITDA for the 12 months to June 2019--the group benefits from
increased over-quota allocations with no pressure on reimbursement
rates, owing to increased pressure on public sector hospitals. We
understand that Affidea adjusts its strategy according to local
market conditions to mitigate the potential impact of reimbursement
pressure. It does so by shifting toward more profitable segments,
such as servicing private insurance in certain underpenetrated
markets--for example, Greece and Hungary.

"We anticipate S&P Global Ratings-adjusted debt to EBITDA of close
to 5.0x and funds from operations (FFO) to debt of about 15%-16% in
2019 at transaction-closing. In the near to medium term, we think
ongoing pressure from rising staff costs and reimbursement tariffs
in Western Europe will likely prevent Affidea from reducing the
adjusted debt leverage to closer to 4.0x. Nevertheless, we project
positive recurring FOCF, thanks to the relatively low
working-capital intensity of the business and diminishing capital
expenditure (capex) needs. Affidea intends to gradually shift
toward an operating leasing model in the future, which should
increase the operating leverage. We therefore think that, in order
to maintain competitive edge, it is essential for the group to
retain its sound operating efficiency and continually adjust its
local market strategy,.

"The stable outlook reflects our assumption that, despite continued
pressure from tariff reimbursement rates, mainly in Western Europe,
and rising staff costs, Affidea will be able to generate positive
revenue expansion while maintaining stable profitability. This
would most likely stem from prudent cost control and smooth
integration of recently acquired clinics. We also assume that the
group will manage its working capital and capex such that it
generates positive FOCF.

"The stable outlook also reflects our assumption that, should the
group continue pursuing external growth opportunities, it will
remain disciplined so that adjusted debt to EBITDA will stay
comfortably within the 4.5x-5.5x range.

"We could lower the ratings on Affidea if, contrary to our
base-case expectations, we observed operational setbacks leading to
material weakening in operating margins, such that FOCF turns
negative and fixed charge cover fell below 2.2x for a sustained
period. In our view, this would most likely come from an inability
to contain staff cost pressure, combined with more pronounced
tariff reimbursement cuts, particularly in Western Europe.

"Alternatively, we could also lower the ratings if the group were
to undertake a more sizable debt-funded acquisition, or a series of
smaller ones, such that adjusted debt to EBITDA increases
materially above 5.5x, with little prospect of rapid debt
reduction.

"Rating upside is limited in the near term given the relatively
high opening adjusted debt leverage and the group's appetite to
continue consolidating the European advanced diagnostics market.
Nevertheless, we could consider raising the ratings on Affidea if
we observed material improvement in profitability, likely stemming
from higher-than-anticipated synergies from recent acquisitions and
savings from the shift to variable-based pay for medical staff.
Under such a scenario, we would likely see adjusted debt to EBITDA
falling closer to 4.0x and the fixed charge rising above 2.5x. In
our view, this should come with a clear commitment from the group's
management and owners to maintain metrics at such levels on a
sustained basis."


DRYDEN 73 2018: S&P Assigns B- (sf) Rating to Class F Notes
-----------------------------------------------------------
S&P Global Ratings assigned credit ratings to Dryden 73 Euro CLO
2018 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 also issued unrated subordinated notes.

This is a European cash flow CLO transaction, securitizing a pool
of primarily syndicated senior secured loans or bonds. The
transaction is 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).

S&P's ratings reflect its 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 bankruptcy remote.

-- The transaction's counterparty risks, which are in line with
S&P's counterparty rating framework.

Under the transaction documents, the rated notes pay quarterly
interest unless there is a frequency switch event. Following this,
the notes will permanently switch to semiannual payment. 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
than or equal to 5%; or (ii) the aggregate principal amount of
semiannual obligations is less than 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 ends approximately four and a
half years after closing, and the portfolio's maximum average
maturity date is eight and a half years after closing.

S&P said, "Our ratings reflect our assessment of the closing
collateral portfolio's credit quality, which has a weighted-average
'B' rating, with an S&P Global Ratings' weighted-average rating
factor (SPWARF) of 2,800. 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 actual
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 Services DAC is the bank account provider and
custodian. The documented downgrade remedies are in line with S&P's
current counterparty criteria.

Under S&P's structured finance sovereign risk criteria, the
transaction's exposure to country risk is sufficiently mitigated at
the assigned ratings.

The issuer is bankruptcy remote, in accordance with S&P's legal
criteria.

S&P said, "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, the
class F cushion is -0.94%) and -0.91%), respectively. Based on the
portfolio's 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%), we believe 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 D 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  Rating   Amount   Subordination (%)    Interest rate*
                (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.


DRYDEN 73 EURO 2018: Fitch Assigns B-sf Rating on Class F Notes
---------------------------------------------------------------
Fitch Ratings assigned Dryden73 Euro CLO 2018 B.V. final ratings.

RATING ACTIONS

Dryden 73 Euro CLO 2018 B.V.

Class A-1;    LT AAAsf New Rating;  previously at AAA(EXP)sf

Class A-2;    LT AAAsf New Rating;  previously at AAA(EXP)sf

Class B-1;    LT AAsf New Rating;   previously at AA(EXP)sf

Class B-2;    LT AAsf New Rating;   previously at AA(EXP)sf

Class C-1;    LT Asf New Rating;    previously at A(EXP)sf

Class C-2;    LT Asf New Rating;    previously at A(EXP)sf

Class D;      LT BBB-sf New Rating; previously at BBB-(EXP)sf

Class E;      LT BB-sf New Rating;  previously at BB-(EXP)sf

Class F;      LT B-sf New Rating;   previously at B-(EXP)sf

Subordinated; LT NRsf New Rating;   previously at NR(EXP)sf

TRANSACTION SUMMARY

Dryden 73 Euro CLO 2018 B.V. (the issuer) is a securitisation of
mainly senior secured obligations (at least 90%) with a component
of senior unsecured, mezzanine, and second-lien loans. Note
proceeds have been used to fund a portfolio with a target par of
EUR400 million, which is managed by PGIM Limited. The CLO envisages
a 4.5-year reinvestment period and an 8.5-year weighted average
life (WAL).

KEY RATING DRIVERS

'B'/'B-' Portfolio Credit Quality: Fitch considers the average
credit quality of obligors to be in the 'B'/'B-' range. The Fitch
weighted average rating factor (WARF) of the identified portfolio
is 33.1.

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 Fitch weighted average recovery rating (WARR)
of the identified portfolio is 60.45%.

Diversified Asset Portfolio: The transaction has four Fitch test
matrices corresponding to top 10 obligor limits at 20.0% and 25%
and a maximum investment in fixed rate obligations at 20%. The
manager can interpolate within and between the matrices. The
transaction also has various portfolio concentration limits to
ensure that the asset portfolio is not exposed to excessive
concentration. These include the maximum exposure to the largest
and three largest industries in the portfolio covenanted at 17.5%
and 40%, respectively.

Portfolio Management: The transaction has a 4.5-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: 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.

Limited Interest Rate Risk: Interest rate risk is partially hedged
for the portfolio, while the fixed rated liabilities account for
13.3% of target par, investments in fixed rate assets cannot exceed
20% of the portfolio.

Unhedged and Principal Hedged Obligation: The transaction allows up
to 2.5% of the portfolio to be invested in non-euro-denominated
primary market assets without entering into an asset swap on
settlement, subject to principal haircuts. Unhedged assets may only
be purchased if the collateral principal amount, considering the
applicable haircuts, is above the reinvestment target par balance.
Additionally, the overcollateralisation test calculation does not
give credit to assets left unhedged for more than 180 days after
settlement.

Investment Gains Release: The transaction allows the manger to
reclassify investment gains as interest proceeds and apply them to
the interest priority of payments subject to satisfaction of
certain conditions.

Long Dated Restructured Obligations: The transaction limits the
exposure to obligations for which the maturity date is extended
beyond the maturity date of notes on account of restructuring to
10% of target par. For long-dated obligations in excess of 5% of
aggregate collateral balancea haircut will be applicable for the
purpose of coverage tests.

Purchased Below Par-Security: The transaction allows a 5% bucket of
assets that are bought at a discount, are not below-par
obligations, and are treated at their below par security-value for
the coverage test calculation and the calculation of the weighted
average spread & coupon.

Shortfall of the 'B-'Tranche: The class F notes present a marginal
model failure when analysing the stress portfolio. Fitch has
assigned a 'B-sf' rating to the class F notes given that the
breakeven default rate is higher than the 'CCC' hurdle rate based
on the stress portfolio and higher than the 'B-' hurdle rate based
on the identified portfolio. As per Fitch's definition, a 'B'
rating category indicates that material risk is present, but with a
limited margin of safety, while a 'CCC' category indicates that
default is a real possibility. In Fitch view, the class F notes can
sustain a robust level of defaults combined with low recoveries.

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 four notches for the rated
notes. A 25% reduction in recovery rates would lead to a downgrade
of up to five notches for the rated notes.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action.

MAGOI BV: Fitch Downgrades Class F Debt to B(EXP)
-------------------------------------------------
Fitch Ratings taken the following rating actions on Magoi B.V.'s
notes following the revision of the sequential amortisation
triggers compared with the structure Fitch analysed when it
assigned expected ratings on November 28, 2019:

RATING ACTIONS

Magoi B.V.

Class A XS1907540147; LT AAA(EXP)sf Affirmed; previously
AAA(EXP)sf

Class B XS1907542606; LT AA(EXP)sf Affirmed; previously AA(EXP)sf

Class C XS1907542861; LT A+(EXP)sf Affirmed; previously A+(EXP)sf

Class D XS1907543083; LT A-(EXP)sf Affirmed; previously A-(EXP)sf

Class E XS1907554015; LT BBB(EXP)sf Affirmed; previously BBB(EXP)sf


Class F XS1907567934; LT B(EXP)sf Downgrade; previously B+(EXP)sf

Class G XS1907568239; LT NR(EXP)sf Expected Rating; previously at
NR(EXP)sf

TRANSACTION SUMMARY

Magoi is a securitisation of Dutch amortising, fixed-rate,
unsecured consumer loans originated by subsidiaries of Credit
Agricole Consumer Finance Nederland B.V. (CACF NL). The transaction
has an eight-month revolving period.

The originator has revised the cumulative default triggers that
switch the amortisation of the transaction to sequential, as
follows:

The cumulative default ratio is greater than:

0.3% of the balance purchase assets from month one to month eight;

0.6% (vs 0.5% previously) on month nine (first period after the end
of the revolving period) for 12 months;

1.1% (vs 1.0% previously) for the following 12 months;

1.6% (vs 1.5% previously) for the following 12 months; and

2.2% (vs 2.0% previously) thereafter.

The changes mean that the switch to sequential amortisation would
come later, other things equal. This has resulted in a one-notch
downgrade to the model-driven rating of the class F notes.

In Fitch's view, the transaction's key rating drivers are
unchanged.

The assignment of final ratings is contingent on the receipt of
final documents conforming materially to information already
reviewed.

KEY RATING DRIVERS

Amortising Loans Market Trend

This is CACF NL's second public securitisation of amortising loans;
all previous deals securitised revolving credit lines. This change
follows the market-wide trend of a shift in borrower preferences,
in part led by Dutch consumer regulation. CACF NL's amortising loan
portfolio experienced high growth between 2009 and 2011 and again
in 2016 and 2017, but growth in originations has subsequently
slowed. The portfolio comprises loans with an original term of up
to 15 years: 57.2% of the pool has a maturity of 10 years and
roughly 10% of the pool has a maturity up to 15 years.

Portfolio-wide Default Expectations

Fitch considered the historical performance as well as its
macroeconomic expectations in its default base case, set at 4.25%
with a 5x multiple at 'AAAsf'. The agency did not distinguish
between sub-pools within the portfolio.

Recovery Improvements from New Strategy

CACF NL's recovery strategy has significantly shifted. In
particular, sales of non-performing loans (NPLs) were discontinued
in early 2016 and all delinquent loans are now worked out in-house.
Fitch assigned the portfolio a lifetime recovery expectation of
35%, which considers the improved recovery performance resulting
from the new strategy, and a median-to-high 'AAAsf' haircut of
55%.

Hybrid Pro-Rata Redemption

During the amortisation period, the notes are paid based on their
target subordination ratios (as percentages of the performing and
delinquent portfolio balance). The subordination ratio for each
class is equal to its initial credit enhancement, which means that
the notes amortise pro-rata if there is no sequential redemption
event.

Servicing Disruptions Mitigated

The transaction does not include a back-up servicer or a
third-party facilitator. However, Fitch believes the issuer
administrator will be able to perform this role. The amortising
reserve fund and the commingling reserve will cover liquidity risk
during servicing disruption.

RATING SENSITIVITIES

Expected impact on the note rating of increased defaults (class
A/B/C/D/E/F)

Increase base case defaults by 25%:
'AA+sf'/'A+sf'/'A-sf'/'BBBsf'/'BB+sf'/'CCCsf'

Increase base case defaults by 50%:
'AA-sf'/'Asf'/'BBB+sf'/'BBB-sf'/'BBsf'/'CCCsf'

Expected impact on the note rating of decreased recoveries (class
A/B/C/D/E/F)

Reduce base case recovery by 25%: 'AAAsf'/'AAsf'/'Asf'/
'BBB+sf'/'BBB-sf'/'CCCsf'

Reduce base case recovery by 50%:
'AAAsf'/'AA-sf'/'Asf'/'BBB+sf'/'B+sf'/'NRsf'

Expected impact on the note rating of increased defaults and
decreased recoveries (class A/B/C/D/E/F)

Increase base case defaults by 25%, reduce recovery rate and net
sale proceeds by 25%: 'AA+sf'/'A+sf'/'BBB+sf' /'BBBsf'/'BBsf'
/'NRsf'

Increase base case defaults by 50%, reduce recovery rate and net
sale proceeds by 50%: 'A+sf'/'A-sf'/'BBB-sf'/'BB+sf'/'B+sf'/'NRsf'



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

BBD PARENTCCO: Fitch Assigns 'B' LT IDR, Outlook Stable
-------------------------------------------------------
Fitch Ratings assigned the used-vehicle marketplace BBD Parentco
Limited a first-time Long-Term Issuer Default Rating of 'B' with a
Stable Outlook. Fitch has also assigned a senior secured rating of
'B+'/'RR3' to first lien debt facilities issued by BBD Bidco
Limited.

The ratings reflect the completion of the acquisition of BCA
Marketplace PLC by TDR Capital in line with Fitch's expectations.

The 'B' IDR is constrained by BCA's weak capital structure, with a
Fitch-estimated funds from operations (FFO)-adjusted gross leverage
of 8.6x in financial year to March 2020 before trending to 7x by
FY23. The rating is, however, supported by a robust business model
with market-leading positions as an integrated auto service
provider in the UK and Europe. Its central position in the used-car
value chain provides multiple sources of fee income with limited
price risk and strong underlying free cash flow (FCF) generation.

KEY RATING DRIVERS

High Leverage Constrains Rating: Fitch forecasts BCA's gross
financial leverage at about 8.6x on an FFO- adjusted gross basis
following the acquisition. Fitch believes that the company can
support such an aggressive leverage given the strength of the
business model and strong underlying FCF generation, but Fitch
expects the company to deleverage to within its sensitivities over
the next four years. TDR's acquisition of BCA resulted in a debt
increase of GBP997 million to GBP1.24 billion.

Superior Cash Flow Characteristics: BCA has historically displayed
good EBITDA stability and cash flow generation, similar to much
higher-rated companies. BCA's low working capital requirements and
limited ongoing capex support positive FCF. Fitch assumes that the
company will not pay dividends over the rating horizon to 2022, and
will undertake modest bolt-on acquisitions over time. BCA's
business model is resilient against more volatile new car sales
volumes, as its revenues are based on a much larger used-car
market. Large falls in new car sales will be muted by the much
larger size of the used-car market in which BCA operates.

WBAC Constrains Margin: EBITDA margin is limited by BCA's
WeBuyAnyCar (WBAC)/Outsource Solutions growth, where the entire car
value is recognised in revenue. However, the purchasing operations
drive additional volumes through the whole BCA operation and
thereby generate additional fees through auction, logistics and
ancillary services.

Strong Market Position: BCA's market leading positions (around 2.5x
larger than nearest competitor), density of auction networks across
the UK, large land requirements and in-house logistics capabilities
serve as strong competitive advantages against new entrants. BCA's
integrated business model means that the company benefits from fees
across the automotive value chain, generating diversified revenue
streams from preparation, logistics, vehicle-buying (WBAC) and
financing of vehicles on top of the core fees generated from
operating car auctions. This positions BCA at the centre of the
used-car market and supports its stable cash flows, as well as
providing a large pool of vehicle data that informs BCA's valuation
models.

Resilient Used-Car Market: The automotive market in the UK and
Europe remains solid with expected growth in the total number of
cars and vehicles in the market of around 1.5% per year in the
short -to medium-term. Volatility is typically lower in used-car
sales versus new car sales (e.g. over 2008-2009, used-car sales
fell only 6%, versus a new car sales fall of 19%). In a downturn,
BCA is firmly positioned to benefit as consumers "trade down" from
purchases of new to used cars. This was illustrated by BCA growing
its volumes and EBITDA during the last downturn in 2008-2009.
Platforms such as WBAC are successful in commoditising the used-car
market for all participants.

Limited Exposure to Price Risk: Exposure to car price risk is
limited by BCA's data-driven valuation tools that are used across
the UK retail industry and the company's vehicle retention
policies. Most of BCA's exposure comes through the public-facing
car-purchasing operation, WBAC. Cars acquired through this channel
are on-sold through its physical and online auctions, generating
additional sales fees and greater control over supply. Vehicles are
held on balance sheet for an average of 11 days, and BCA limits its
working capital by charging fees for sellers that require faster
payments.

Organic Growth Drives Margins: Fitch forecasts BCA's EBITDA margin
to remain above 5% despite growing volumes through WBAC, which is
better-positioned than its peers due to its wide presence across
the UK used-car market. BCA has invested strongly in technology,
logistics and storage capabilities in the last five years, is able
to generate immediate efficiencies from bolt-on acquisitions and
fill capacity in its logistics businesses. Fitch expects organic
growth of around 7%-8% p.a., driven by growing off-lease agreements
with major car companies, increasing volumes through WBAC and
development of online non-auction sales platforms.

Modest Deleveraging Path: Fitch expects BCA's high FFO-adjusted
gross leverage to fall to 7.0x by FY23, driven by cash build-up and
improvement in FFO. Fitch assumes that gross debt will not be
prepaid with the build-up of cash balance.

DERIVATION SUMMARY

BCA benefits from a robust business model with a market-leading
position in the UK and focus on Europe. Compared with peers in the
automotive service industry, BCA is larger and better-integrated
across the value chain that allows for diversified sources of
income and a more resilient financial profile. Its integration of
vehicle-buying, partner-finance and logistics services is unique
among direct peers and results in strong cash flow generation and
positive FCF.

The key rating constraint for BCA is its high gross leverage, which
is expected to be 8.6x on a FFO-adjusted gross leverage basis,
following the acquisition of the group by TDR Capital. According to
Fitch's generic navigator, this leverage relates to a 'ccc+'
financial structure factor rating. Leverage is higher than 'B'
category business services peers such as Irel Bidco S.a.r.l.
(B+/Stable), which typically have a leverage of between 5.0x and
6.5x.

KEY ASSUMPTIONS

Fitch's Key Assumptions within its Rating Case for the Issuer

  - Average revenue growth of around 9% per year (FY19-FY23),
including organic growth of around 7.5% driven by WBAC and
remarketing volumes, and inorganic revenue growth of around 1.5%

  - EBITDA margins stable at around 5.4%-5.7% over FY20-FY23

  - Neutral impact from working capital movements

  - Capex at around 1.3% of sales p.a. up to FY23

  - Bolt-on M&A expenditure of around GBP30 million per year up to
FY23

  - No shareholder distributions over FY19-FY23

KEY RECOVERY ASSUMPTIONS

  - Its recovery analysis assumes that BCA would be restructured as
a going concern rather than be liquidated in an event of default.

  - BCA's post-reorganisation, going-concern EBITDA reflects
Fitch's view of a sustainable EBITDA that is 15% below the FY19
Fitch-adjusted EBITDA of EUR172 million. In such a scenario, the
stress on EBITDA would most likely result from loss of market share
or severe competitive pressure.

  - Distressed enterprise value (EV)/EBITDA multiple of 5.5x has
been applied to calculate a going-concern EV; this multiple
reflects BCA's leading market positions and logistics capabilities
as well as strong cash generation and trusted brand.

  - The partner-finance facility ranks super senior in the recovery
analysis; it is assumed drawn down at the current level (as of
end-March 2019) at GBP120 million.

Its calculations using the distressed EV result in a 'RR3'
assumption on Fitch's recovery scale, leading to an instrument
rating of 'B+', one notch above the IDR.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  - FFO-adjusted gross leverage sustainably below 7.0x

  - FCF margin above 2%

  - Sustainable growth in volumes and ability to maintain current
profitability key performance indicators (KPIs; reference EBITDA
per vehicle above GBP120/vehicle)

  - EBITDA margin trending above 6%

Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  - FFO-adjusted gross leverage remaining above 8.0x by end-2020

  - FCF generation trending towards zero

  - Evidence of aggressive shareholder behaviour and/or debt-funded
acquisitions

  - Deterioration of operational performance leading to pressure on
volumes and profitability KPIs (reference EBITDA per vehicle
falling below GBP110/vehicle)

  - EBITDA margin below 5%

LIQUIDITY AND DEBT STRUCTURE

Satisfactory Liquidity: Pro-forma for the acquisition BCA is
expected to have cash on balance sheet of around GBP90 million.
However, Fitch expects the cash buffer to increase over time as its
FCF generation adds to the balance sheet. Additionally, it will
have access to an undrawn GBP155 million revolving credit
facility.

Working capital is structurally negative in the remarketing
division, as cash is received from the customer for the hammer
price of the vehicles bought at auction plus fees, before being
remitted to the vendor (net of BCA's fees). Fitch views the working
capital cash outflow in FY19 of GBP23 million as exceptional as it
related to an inventory build-up via WBAC and Outsource Solution
purchases in anticipation of Brexit over the year-end.

SUMMARY OF FINANCIAL ADJUSTMENTS

  - Operating leases capitalised at a multiple of 8.0x as the
company is based in the UK

  - Partner-finance facility treated as super senior debt

  - Preference shares sit outside the restricted group; assigned
equity-like credit

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.

CHILANGO: Bondholders May Opt for Debt-for-Equity Swap Under CVA
----------------------------------------------------------------
Alice Hancock and Robert Smith at The Financial Times report that
investors in a controversial "burrito bond" offered by the Mexican
food chain Chilango face a stark choice of swapping their debt for
shares in the distressed company or losing 90% of its value.

According to documents seen by the FT, Chilango on Dec. 10 filed
for a company voluntary arrangement -- a type of restructuring
process used by many retail businesses -- in an attempt to save the
business after its auditor Grant Thornton refused to sign off its
accounts last month.

But creditors have attacked the structure of the CVA, through which
Chilango is seeking to reduce liabilities, including debts, owed to
investors in its crowdfunded bond, which offered annual returns of
8% and "free food for life", the FT relates.

Under the CVA proposals, holders of the bond will either take part
in a debt-for-equity swap in the form of preferred shares with an
8% annual dividend, or receive a settlement of their debts at 10p
per pound invested, the FT discloses.

Chilango can only issue the preference shares if existing investors
vote in favor of it, as the new equity would rank ahead of regular
stock, the FT states.  The dividend will not be paid in cash but
will accrue each year, the FT notes.

In the CVA documents, Chilango's parent company, Mucho Mas, as
cited by the FT, said that as of the end of October it owed GBP4.2
million to investors in its bonds, with a further GBP1.7 million
owed in loan notes with an interest rate of 10% per year to three
major shareholders.

If the CVA is approved, Chilango plans to shut some of its 12
sites, reduce central office costs by 25% and lower its rent bill,
the FT says.


CLUGSTON GROUP: Enters Administration, 150 Jobs Affected
--------------------------------------------------------
Business Sale reports that Scunthorpe-based Clugston Group and
Clugston Construction have gone into administration, appointing
KPMG.

According to Business Sale, James Clark and Chris Pole --
chris.pole@kpmg.co.uk -- from KPMG's restructuring division will
act as joint administrators.

The group's finances from January 2018 showed 49% year on year
growth and a turnover of GBP176 million, with the construction arm
having a turnover of GBP158 million, Business Sale discloses.
However, those accounts also showed the group making a pre-tax loss
of GBP469,000, while Clugston Construction had an operating loss of
GBP529,000, Business Sale notes.

"The joint administrators will continue to trade certain divisions
and are seeking to sell valuable contracts, with 262 members of
staff retained to assist with this.  Any interested parties should
get in touch with KPMG as soon as possible," Business Sale quotes
KPMG as saying in a statement.

Clugston Group operates from over 25 sites, largely across the
North and Midlands, with different divisions focused on
construction, civil engineering, logistics, property development
and facilities management.

The company employs 412 staff, 150 of whom have now been redundant
with the remaining 262 retained to assist in the administration
process, Business Sale relates.


INMARSAT PLC: S&P Cuts LT Rating to 'B+' on Sale to Connect Bidco
-----------------------------------------------------------------
S&P Global Ratings lowered its long-term rating on Inmarsat PLC to
'B+' from 'BB' and removing it from CreditWatch negative.

The downgrade follows the completion of Connect Bidco's acquisition
of Inmarsat on Dec. 4, and reflects our assessment of Inmarsat as a
core subsidiary of Connect Bidco. As a result, S&P aligns its
rating and outlook on Inmarsat with that on Connect Bidco.

S&P assesses Inmarsat as a core group entity of Connect Bidco,
since it acts as the group's operating company and is expected to
service the group's debt.

Since S&P now equalizes its rating on Inmarsat with that on Connect
Bidco, it will no longer analyze Inmarsat's credit profile on a
stand-alone basis.

All of Inmarsat's outstanding debt is expected to be repaid over
the course of December and early 2020.

S&P's stable outlook on Inmarsat mirrors that on Connect Bidco.

THOMAS COOK: Set to Be Relaunched by Next Year by New Owner
-----------------------------------------------------------
Shirley Zhao at Bloomberg News reports that Thomas Cook is set to
be relaunched by its Chinese owner, who plans to use the
178-year-old British tour operator's brand on a travel platform
targeting European customers.

According to Bloomberg, person familiar with the plans said Fosun
Tourism Group, the Shanghai-based company that bought Thomas Cook's
trademark following its dramatic collapse in September, will debut
the platform in the first half of next year.

Some of Fosun's existing travel offerings will be grouped together
and re-branded as Thomas Cook, with the aim to lure travelers --
particularly those in Europe familiar with the name -- to the
company's resorts around the world, Bloomberg relays, citing the
person, who asked not to be identified as they're not authorized to
speak publicly about the plan.

Fosun, which owns resort chain Club Med SAS, had acquired 18% of
Thomas Cook but balked at the cost of funding its rescue, Bloomberg
recounts.  The Chinese company, part of a wider group spanning
insurance to pharmaceuticals, paid GBP11 million (US$14 million) in
November for the trademark and its two hotel brands -- Casa Cook
and Cook's Club -- along with their domain names, apps and social
media accounts, Bloomberg discloses.


                    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.


TOGETHER FINANCIAL: Fitch Affirms 'BB' LT Issuer Default Rating
---------------------------------------------------------------
Fitch Ratings affirmed Together Financial Services Limited's
Long-Term Issuer Default Ratings at 'BB' and the senior secured
notes issued by subsidiary Jerrold FinCo Plc and guaranteed by
Together at 'BB'.

Fitch has also affirmed the Long-Term IDR of Together's indirect
holding company Bracken Midco1 PLC at 'BB-' and simultaneously
withdrawn the rating. Fitch has upgraded the senior PIK toggle
notes issued by Midco1 to 'B+' from 'B'.

The upgrade of Midco1's PIK toggle notes reflects a re-assessment
of the rating level they achieve when notched from Together's IDR
rather than Midco1's IDR.


Midco1's Long-Term IDR is no longer considered by Fitch to be
relevant to the agency's coverage.

KEY RATING DRIVERS

Together's IDR is underpinned by its long-established franchise in
providing secured credit to under-served borrowers, a tested
business model encompassing robust underwriting, good levels of
profitability and an increasingly diversified funding profile. This
mitigates the inherent risk involved in lending to a niche sector
of non-standard UK borrowers and the associated funding and
leverage needs, which have been increasing but are within the
tolerance for Together's rating.

Together has been in business since 1974 and has established a
robust franchise and strong business relationships, for example,
with brokers and mortgage packagers, which have proved important
for Together's ability to increase origination of specialist loans.
However, in the context of the wider UK mainstream mortgage market,
Fitch views Together's franchise as moderate.

Loans are secured on UK property with loan to value (LTV) ratios
maintained below 60% and underwriting performed on an
individualised basis. The non-performing loan ratio is higher than
mainstream lenders at 8.4% FY19 (end June 2019) , on an IFRS9 basis
(FY18: 7.6%, on an IAS39 basis), but actual principal losses have
been low as a result of the robust security value backing each
loan.

Profitability metrics are strong, as expected for higher risk
lending, with pre-tax income to average assets at 3.8% FY19 (FY18:
4.6%). However, net interest margins contracted to 6.8% in 2019
from 7.7% in 2018, largely due to higher rate loans originated
during the credit crisis being replaced with lower rate offerings
as well as some product mix effect and increased competition
pressurising nominal rates. Fitch expects that profitability
metrics have a degree of headroom to absorb moderate margin
contraction.

Together's leverage metrics have increased with debt to tangible
equity equating to 4.6x 1Q20 from 3.5x FY18. This is largely
attributable to the increased funding requirements of Together's
increased loan origination. When calculating Together's leverage,
Fitch adds Midco1's debt to that on Together's own balance sheet,
regarding it as effectively a contingent obligation of Together.
Midco1 has no separate financial resources of its own with which to
service it, and failure to do so would have considerable negative
implications for Together's own creditworthiness. Profits are
largely re-invested in the business and this somewhat mitigates the
dependence on debt funding.

The funding profile has improved in recent years with Together
successfully managing to attract new lenders, increase headroom
within facilities and increase the maturity profile, providing the
group with enhanced visibility of the means of supporting the
planned continued growth of its loan book. Funding sources now
comprise listed senior secured notes issued by the financing arm
Jerrold FinCo Plc, private and public securitisations, PIK notes
issued by Bracken Midco 1 PLC and a revolving credit facility of
GBP71.9 million.

In recent years, Together's loan book has generated a low level of
impairments, but alongside the company's underwriting standards and
risk controls, this should be viewed in the context of a relatively
benign operating environment, characterised by low interest rates
and high employment levels, which have eased pressure on borrowers.
While the UK political situation and Brexit status is still
unclear, the Outlook on Together's Long-Term IDR is Stable because
Fitch expects capitalisation and liquidity to withstand a moderate
weakening of the economic environment associated with Brexit.

MIDCO1 -SENIOR PIK TOGGLE NOTES

Fitch has reassessed the anchor rating from which Midco1's PIK
toggle notes are notched. As Midco1's debt is taken into account
when assessing Together's leverage, and Midco1 is totally reliant
on Together to service its obligations, Fitch has assessed the
appropriate anchor to be Together's IDR. The notching of Together's
IDR and the rating of the senior PIK toggle notes reflects Fitch's
view of the likely recoveries in the event of Midco1 defaulting.
While sensitive to a number of assumptions, this scenario would
only be likely to occur when Together was also in a much weakened
financial condition, as otherwise its upstreaming of dividends for
Midco1 debt service would be maintained.

RATING SENSITIVITIES

TOGETHER - IDRS AND SENIOR DEBT

Together's IDR and debt ratings are sensitive to a combination of
ongoing rising leverage, increased impairments that negatively
impacts profitability and a weaker operating environment that could
trigger a downgrade. In particular, ratings would become
increasingly sensitive to leverage if it materially increased above
5x. A material slowdown in Together's rate of internal capital
generation, for example due to a deteriorating operating
environment adversely affecting asset quality and leading to higher
non-performing loan metrics, could lead to a downgrade. This would
be particularly relevant if accompanied by continued growth in the
loan book, and therefore rising leverage. In a severe market
downturn, ratings would also be sensitive to restricted access to
funding.

An upgrade would be likely to require upward reappraisal of
Together's franchise and business model, in addition to continued
sound financial performance.

MIDCO1 - SENIOR PIK TOGGLE NOTES

The rating of the senior PIK toggle notes is sensitive primarily to
changes in Together's IDR, from which it is notched, as well as to
Fitch's assumptions regarding recoveries in a default scenario.
Lower asset encumbrance by senior secured creditors could lead to
higher recovery assumptions and therefore narrower notching from
Together's IDR.

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 the way in which they are being managed by
the entity.

TWIN BRIDGES 2019-1: Fitch Affirms BB+sf Rating on Cl. X1 Debt
--------------------------------------------------------------
Fitch Ratings affirmed Twin Bridges 2017-1 and upgraded two
tranches of Twin Bridges 2018-1 and one tranche of Twin Bridges
2019-1.

RATING ACTIONS

Twin Bridges 2019-1 PLC

Class A XS1956175977;  LT AAAsf Affirmed;  previously at AAAsf

Class B XS1956177916;  LT AA+sf Upgrade;   previously at AAsf

Class C XS1956178054;  LT Asf Affirmed;    previously at Asf

Class D XS1956178302;  LT BBB+sf Affirmed; previously at BBB+sf

Class X1 XS1956178484; LT BB+sf Affirmed;  previously at BB+sf

Twin Bridges 2017-1

Class A XS1622306972;  LT AAAsf Affirmed; previously at AAAsf

Class B XS1622307947;  LT AAAsf Affirmed; previously at AAAsf

Class C XS1622308242;  LT A+sf Affirmed;  previously at A+sf

Class D XS1622308671;  LT A+sf Affirmed;  previously at A+sf

Class X2 XS1629372357; LT BB+sf Affirmed; previously at BB+sf

Twin Bridges 2018-1

Class A XS1834945971;  LT AAAsf Affirmed; previously at AAAsf

Class B XS1834945898;  LT AA+sf Affirmed; previously at AA+sf

Class C XS1834946516;  LT A+sf Upgrade;   previously at Asf

Class D XS1834946607;  LT A-sf Upgrade;   previously at BBB+sf

Class X1 XS1834946789; LT BB+sf Affirmed; previously at BB+sf

Class X2 XS1834946946; LT BB+sf Affirmed; previously at BB+sf

TRANSACTION SUMMARY

The transactions are secured by residential mortgages originated
and serviced by Paratus AMC Limited, an experienced mortgage
servicer that started originating buy-to-let mortgages in 2015. The
loans are exclusively buy-to-let (BTL) and secured against
properties located in England and Wales.

KEY RATING DRIVERS

New UK RMBS Rating Criteria

The rating actions take into account the new UK RMBS Rating
Criteria dated October 4, 2019. The notes' ratings have been
removed from Under Criteria Observation. The application of the new
criteria results in lower expected losses, which contribute to the
upgrades. This transpires in particular from the recalibration of
the sustainable house price approach, resulting in higher recovery
rates. The average sustainable house price income multiplier was
increased to 9.0x from 8.5x under the new criteria.

Increasing Credit Enhancement

Credit enhancement (CE) has increased since its last rating actions
in all three transactions due to sequential amortisation and
non-amortising reserve funds. Class A CE for TB 17-1 has increased
to 26.1% from 24.1%, in TB 18-1 to 20.6% from 20.2% and in TB 19-1
to 19.6% from 19.5% in the prior six months. This also contributed
to the upgrades.

Payment Interruption Risk Constrains Ratings

The ratings of the class C and D notes in each transaction are all
capped at 'A+sf'. This is because these notes only have access to
the general reserve fund for liquidity purposes and require timely
payment of interest when they are the most senior notes
outstanding. In higher rating scenarios, the general reserve fund
may be depleted to cover losses and therefore not be available to
cover payment interruption risk (PIR).

RATING SENSITIVITIES

Further increases in CE may result in upgrades. However, the class
C and D notes in each transaction are constrained at 'A+sf' due to
PIR. The excess spread notes are constrained at 'BB+sf' as per
Fitch's criteria for excess spread notes.

The ratings may be sensitive to the resolution of the Libor rate
exposure on both the mortgages and the notes. For example if a
material basis risk is introduced or there is a material reduction
in the net asset yield, the ratings may be negatively affected.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action.

DATA ADEQUACY

Fitch has checked the consistency and plausibility of the
information it has received about the performance of the asset
pools and the transactions. There were no findings that affected
the rating analysis. Fitch has not reviewed the results of any
third-party assessment of the asset portfolio information or
conducted a review of origination files as part of its ongoing
monitoring.

Prior to the transactions' closing, Fitch reviewed the results of a
third-party assessment conducted on the asset portfolio information
and concluded that there were no findings that affected the rating
analysis.

Prior to the transactions' closing, Fitch conducted a review of a
small targeted sample of Paratus' origination files and found the
information contained in the reviewed files to be adequately
consistent with the originator's policies and practices and the
other information provided to the agency about the asset
portfolio.

Overall and together with the assumptions, Fitch's assessment of
the information relied upon for the agency's rating analysis
according to its applicable rating methodologies indicates that it
is adequately reliable.



===============
X X X X X X X X
===============

[*] BOND PRICING: For the Week December 9 to December 13, 2019
--------------------------------------------------------------
Issuer                    Coupon    Maturity  Currency  Price
------                    ------    --------  --------  -----
Intelsat Luxembourg SA      8.125    6/1/2023    USD    47.258
Intelsat Connect Finance    9.500   2/15/2023    USD    58.999
Ageasfinlux SA              0.947                EUR    60.492
Valaris plc                 7.750    2/1/2026    USD    51.700
Mallinckrodt Internationa   4.750   4/15/2023    USD    37.689
Lecta SA                    6.500    8/1/2023    EUR    47.071
Aldesa Financial Services   7.250    4/1/2021    EUR    49.743
European TopSoho Sarl       4.000   9/21/2021    EUR    76.587
Officine Maccaferri-SpA     5.750    6/1/2021    EUR    35.167
Teva Pharmaceutical Finan   4.100   10/1/2046    USD    72.571
Safari Verwaltungs GmbH     5.375  11/30/2022    EUR    75.917
Petra Diamonds US Treasur   7.250    5/1/2022    USD    63.594
Rallye SA                   4.000    4/2/2021    EUR    30.000
Mallinckrodt Internationa   4.875   4/15/2020    USD    71.444
Casino Guichard Perrachon   3.992                EUR    58.502
Pro-Gest SpA                3.250  12/15/2024    EUR    58.243
Valaris plc                 5.750   10/1/2044    USD    43.779
Intelsat Luxembourg SA      7.750    6/1/2021    USD    74.352
Kirk Beauty One GmbH        8.750   7/15/2023    EUR    66.316
Aggregate Holdings SA       5.000   8/10/2021    EUR    73.275
Naviera Armas SA            4.250  11/15/2024    EUR    72.083
Mallinckrodt Internationa   5.750    8/1/2022    USD    37.339
Casino Guichard Perrachon   1.033                EUR    37.293
Distribuidora Internacion   0.875    4/6/2023    EUR    54.105
Thomas Cook Group PLC       6.250   6/15/2022    EUR     6.908
Pizzaexpress Financing 1    8.625    8/1/2022    GBP    35.146
Intralot Capital Luxembou   5.250   9/15/2024    EUR    44.934
Ferroglobe PLC / Globe Sp   9.375    3/1/2022    USD    62.191
Galapagos SA/Luxembourg     5.375   6/15/2021    EUR     0.060
Astaldi SpA                 7.125   12/1/2020    EUR    16.473
Nostrum Oil & Gas Finance   8.000   7/25/2022    USD    51.821
Mallinckrodt Internationa   5.500   4/15/2025    USD    31.783
Valaris plc                 4.500   10/1/2024    USD    49.207
Vallourec SA                2.250   9/30/2024    EUR    68.065
Moby SpA                    7.750   2/15/2023    EUR    34.022
Boparan Finance PLC         4.375   7/15/2021    EUR    71.632
Valaris plc                 5.200   3/15/2025    USD    50.426
Mitsubishi UFJ Investor S   4.092  12/15/2050    EUR    59.831
Jain International Tradin   7.125    2/1/2022    USD    31.069
Abengoa Abenewco 2 Bis SA   1.500   4/26/2024    EUR
Rallye SA                   4.371   1/23/2023    EUR    30.001
Cooperativa Muratori & Ce   6.000   2/15/2023    EUR     2.565
Mallinckrodt Internationa   5.625  10/15/2023    USD    33.296
Rothschild & Co Continuat   2.375                USD    69.445
Intralot Capital Luxembou   6.750   9/15/2021    EUR    64.011
Hema Bondco II BV           8.500   1/15/2023    EUR    35.649
Galapagos Holding SA        7.000   6/15/2022    EUR     7.473
Lecta SA                    6.375    8/1/2022    EUR    47.366
O1 Properties Finance PLC   8.250   9/27/2021    USD    78.636
Societe Generale SA         1.989                USD    74.375
Obrascon Huarte Lain SA     4.750   3/15/2022    EUR    68.243
Vallourec SA                4.125   10/4/2022    EUR     5.449
Banco Pinto & Sotto Mayor   1.055                EUR    58.000
Credit Mutuel Arkea SA      0.216                EUR    75.231
Rallye SA                   4.000  11/23/2020    CHF    28.054
Greenyard Fresh NV          3.750  12/22/2021    EUR    70.695
Boparan Finance PLC         5.500   7/15/2021    GBP    71.494
Astaldi SpA                 4.875   6/21/2024    EUR    14.283
Senvion Holding GmbH        3.875  10/25/2022    EUR     5.583
FF Group Finance Luxembou   3.250   11/2/2021    CHF    12.435
Galapagos SA/Luxembourg     4.350   6/15/2021    EUR     0.060
Air France-KLM              0.125   3/25/2026    EUR    18.461
HOCHDORF Holding AG         2.500                CHF    51.819
Nostrum Oil & Gas Finance   7.000   2/16/2025    USD    51.650
Rallye SA                   5.250    2/1/2022    EUR    28.100
NIBC Bank NV                0.552                EUR    68.275
Genfit                      3.500  10/16/2022    EUR    21.996
Rallye SA                   3.250    2/8/2024    CHF    25.999
Thomas Cook Finance 2 PLC   3.875   7/15/2023    EUR     6.500
Capital Raising GmbH        7.500                EUR    59.428
Odea Bank AS                7.625    8/1/2027    USD    72.653
Korian SA                   2.500                EUR    47.824
Quadient                    3.375                EUR    57.756
Debenhams PLC               5.250   7/15/2021    GBP    38.260
KCA Deutag UK Finance PLC   7.250   5/15/2021    USD    67.271
Neoen SA                    1.875   10/7/2024    EUR    32.719
Cooperativa Muratori & Ce   6.875    8/1/2022    EUR     2.383
EA Partners II BV           6.750    6/1/2021    USD    47.500
FF Group Finance Luxembou   1.750    7/3/2019    EUR     4.500
Constellation Oil Service   9.500   11/9/2024    USD    44.630
Econocom Group SA/NV        0.500    3/6/2023    EUR     6.979
Transcapitalbank JSC Via   10.000   9/18/2020    USD    56.252
Union Fenosa Preferentes    1.237                EUR    72.562
Offshore Drilling Holding   8.375   9/20/2020    USD    30.700
Pierre & Vacances SA        2.000    4/1/2023    EUR    52.988
ADLER Real Estate AG        2.500   7/19/2021    EUR    15.253
Maisons du Monde SA         0.125   12/6/2023    EUR    42.847
Ferroglobe PLC / Globe Sp   9.375    3/1/2022    USD    62.191
Biocartis NV                4.000    5/9/2024    EUR    70.033
FIGEAC-AERO                 1.125  10/18/2022    EUR    23.687
EA Partners I BV            6.875   9/28/2020    USD    41.650
Fuerstenberg Capital Erst   1.287                EUR    72.072
KCA Deutag UK Finance PLC   9.625    4/1/2023    USD    67.444
Hybrid Raising GmbH         6.625                EUR    60.483
Obrascon Huarte Lain SA     5.500   3/15/2023    EUR    68.538
VIEO BV                     6.750    9/7/2020    EUR    40.963
Immigon Portfolioabbau AG   6.059                EUR    15.625
Bourbon Corp                6.446                EUR     2.628
Paragon GmbH & Co KGaA      4.500    7/5/2022    EUR    64.279
Alitalia-Societa Aerea It   5.250   7/30/2020    EUR     3.477
Air Berlin PLC              8.250   4/19/2018    EUR     1.848
KCA Deutag UK Finance PLC   9.875    4/1/2022    USD    67.473
NIBC Bank NV                2.627                USD    63.937
Banco Espirito Santo SA     4.000   1/21/2019    EUR    21.054
BNP Paribas SA              2.139                USD    67.780
Evan Group PLC              6.000   7/31/2022    EUR    61.464
Scholz Holding Gmbh         8.500  12/31/2019    EUR     0.376
DNB Bank ASA                2.188                USD    69.538
DNB Bank ASA                2.188                USD    69.767
Intelsat Connect Finance    9.500   2/15/2023    USD    59.887
Senivita Social Estate AG   6.500   5/12/2020    EUR    70.000
Avangardco Investments Pu  10.000  10/29/2018    USD     8.000
UkrLandFarming PLC         10.875   3/26/2018    USD     4.667
Rallye SA                   3.400   1/31/2022    EUR    30.000
Orient Express Bank PJSC   10.000                USD    41.551
DOF Subsea AS               8.810   5/22/2020    NOK    68.675
Steinhoff Finance Holding   1.250  10/21/2023    EUR    44.573
Petra Diamonds US Treasur   7.250    5/1/2022    USD    63.644
Yuksel Insaat AS            9.500  11/10/2015    USD     0.939
EOS Imaging SA              6.000   5/31/2023    EUR     6.218
Lehman Brothers UK Capita   5.125                EUR     7.329
Eramet                      4.000                EUR    50.917
Hellenic Bank PCL          10.000                EUR    48.164
Elli Finance UK PLC         8.750   6/15/2019    GBP    58.500
Banco Espirito Santo SA     2.625    5/8/2017    EUR    24.674
Golfino AG                  8.000  11/18/2023    EUR     0.250
Grupo Isolux Corsan SA      0.250  12/30/2021    EUR     0.204
DNB Bank ASA                2.188                USD    69.434
Mallinckrodt Internationa   4.875   4/15/2020    USD    71.278
Autostrade per l'Italia S   3.625    6/9/2038    EUR    74.493
Lambay Capital Securities   6.250                GBP     1.054
Top Gun Realisations 74 P   6.500    7/1/2022    GBP    18.638
Yell Bondco PLC             8.500    5/2/2023    GBP    71.532
Mallinckrodt Internationa   5.500   4/15/2025    USD    33.798
DOF Subsea AS               9.500   3/14/2022    USD    60.696
Rickmers Holding AG         8.875   6/11/2018    EUR     1.505
Privatbank CJSC Via UK SP  11.000    2/9/2021    USD    20.239
Nexity SA                   0.125    1/1/2023    EUR    66.682
Stichting Afwikkeling Ond   6.250  10/26/2020    EUR     3.061
House of Fraser Funding P   6.550   9/15/2020    GBP     4.868
Bilt Paper BV               9.640                USD     1.029
Air Berlin PLC              6.750    5/9/2019    EUR     1.882
DOF Subsea AS               9.850  11/27/2023    NOK    62.500
Mallinckrodt Internationa   5.625  10/15/2023    USD    33.396
Privatbank CJSC Via UK SP  10.250   1/23/2018    USD    29.999
Afren PLC                   6.625   12/9/2020    USD     0.402
Abengoa Abenewco 2 Bis SA   1.500   4/26/2024    USD     5.238
Grupo Isolux Corsan SA      6.000  12/30/2021    EUR     1.298
Santhera Pharmaceuticals    5.000   2/17/2022    CHF    62.425
Air Berlin PLC              5.625    5/9/2019    CHF     1.060
Banco Espirito Santo SA     4.750   1/15/2018    EUR    25.602
Nexity SA                   0.250    3/2/2025    EUR    69.639
Bank Otkritie Financial C  10.000   4/26/2019    USD     8.216
LA Perla Fashion Finance    7.250   3/29/2023    EUR    31.371
Stichting Afwikkeling Ond  11.250                EUR     1.128
Melin Group/Norway          7.350  10/30/2022    NOK    73.000
KCA Deutag UK Finance PLC   7.250   5/15/2021    USD    67.423
Koninklijke Luchtvaart Ma   0.750                CHF    36.550
Mitsubishi UFJ Investor S   3.834  12/30/2099    EUR     4.676
Banco Espirito Santo SA     7.125  11/28/2023    EUR     0.084
SSM Holding AB              8.034    5/9/2020    SEK    68.000
Wasps Finance Plc           6.500   5/13/2022    GBP    73.099
Tresu Investment Holding    5.000   9/29/2022    EUR    41.625
BAT International Finance   2.250    9/9/2052    GBP    73.320
Dexia SA                    1.386                EUR     7.755
Afren PLC                  11.500    2/1/2016    USD     0.413
Mallinckrodt Internationa   5.750    8/1/2022    USD    37.644
SLM Solutions Group AG      5.500  10/11/2022    EUR    70.624
CBo Territoria              3.750    7/1/2024    EUR     4.900
Scandinavian Airlines Sys   0.625                CHF    36.884
KTG Agrar SE                7.125    6/6/2017    EUR     0.561
Virgolino de Oliveira Fin  10.500   1/28/2018    USD     3.421
Paragon GmbH & Co KGaA      4.000   4/23/2024    CHF    68.250
Deutsche Bank AG/London     0.090  10/31/2034    USD    68.691
Dexia Credit Local SA       1.331                EUR     7.870
Abengoa Abenewco 2 Bis SA   1.500   4/26/2024    USD     5.253
Portigon AG                 7.460  12/31/2019    EUR    21.000
Europejskie Centrum Odszk   5.790   4/14/2020    PLN    56.500
Top Gun Realisations 74 P   4.500    7/1/2022    EUR    26.926
Espirito Santo Financial    6.875  10/21/2019    EUR     0.060
Rallye SA                   1.000   10/2/2020    EUR    30.125
KCA Deutag UK Finance PLC   9.875    4/1/2022    USD    67.562
HOCHDORF Holding AG         3.500   3/30/2020    CHF    26.350
Praktiker AG                5.875   2/10/2016    EUR     0.542
BIM SAS                     2.500  11/13/2020    EUR    22.201
Banco Espirito Santo SA     2.250                EUR     0.081
Agrokor dd                  9.875    5/1/2019    EUR    20.420
Allied Irish Banks PLC     12.500   6/25/2035    GBP    70.936
OGX Austria GmbH            8.500    6/1/2018    USD     0.001
Hellenic Republic Governm   2.085   7/25/2057    EUR    51.375
KCA Deutag UK Finance PLC   9.625    4/1/2023    USD    67.492
German Pellets GmbH         7.250  11/27/2019    EUR     0.727
Banca Popolare di Vicenza   9.500   9/29/2025    EUR     0.681
Prime Living AB             7.000  10/19/2020    SEK     5.000
New World Resources NV      4.000   10/7/2020    EUR     0.079
Agrokor dd                  8.875    2/1/2020    USD    19.328
Erotik-Abwicklungsgesells   7.750    7/9/2019    EUR     0.779
Nostrum Oil & Gas Finance   8.000   7/25/2022    USD    49.897
Waste Italia SpA           10.500  11/15/2019    EUR     0.800
Constellation Oil Service   9.500   11/9/2024    USD    44.468
Hamon & CIE SA              5.500   1/30/2020    EUR    47.751
GNB - Cia de Seguros de V   3.102                EUR    73.717
Cirio Holding Luxembourg    6.250   2/16/2004    EUR     0.889
GEWA 5 to 1 GmbH & Co KG    6.500   3/24/2018    EUR     5.250
Elli Investments Ltd       12.250   6/15/2020    GBP    54.613
Lehman Brothers UK Capita   3.875                EUR     7.541
Melin Group/Norway          9.850   1/30/2023    NOK    50.000
Lehman Brothers UK Capita   5.750                EUR     1.436
Virgolino de Oliveira Fin  11.750    2/9/2022    USD     3.752
APP International Finance  11.750   10/1/2005    USD     0.899
OGX Austria GmbH            8.375    4/1/2022    USD     0.001
Veneto Banca SpA            9.500   12/1/2025    EUR     0.891
Norske Skogindustrier ASA   7.000  12/30/2026    EUR     0.049
Agrokor dd                  9.125    2/1/2020    EUR    19.250
CNP Assurances              2.000                EUR    74.000
Pizzaexpress Financing 1    8.625    8/1/2022    GBP    35.242
LBI ehf                     6.100   8/25/2011    USD     7.625
Lehman Brothers UK Capita   6.900                USD     2.745
Windreich GmbH              6.500   7/15/2016    EUR     8.125
Solship Invest 1 AS         5.000   12/8/2024    NOK    10.000
Afren PLC                  10.250    4/8/2019    USD     0.413
Cooperatieve Rabobank UA    0.500   2/26/2029    HUF    70.840
Privatbank CJSC Via UK SP  10.875   2/28/2018    USD    30.991
Prime Living AB             4.500   9/29/2020    SEK    45.536
SeniVita Sozial gGmbH       7.000                EUR    35.200
Kaupthing ehf               7.625   2/28/2015    USD     0.250
Claranova SADIR             5.000    7/1/2023    EUR     1.180
JZ Capital Partners Ltd     6.000   7/30/2021    GBP     9.800
KTG Agrar SE                7.250  10/15/2019    EUR     0.561
WPE International Coopera  10.375   9/30/2020    USD     0.624
International Finance Fac   0.500   6/29/2027    ZAR    52.801
Corporate Commercial Bank   8.250    8/8/2014    USD     0.377
ESFIL-Espirito Santo Fina   5.250   6/12/2015    EUR     0.060
Aralco Finance SA          10.125    5/7/2020    USD     1.324
Top Gun Realisations 73 P   8.000    7/1/2023    GBP     0.685
German Pellets GmbH         7.250    7/9/2018    EUR     0.572
BBVA International Prefer   1.670                GBP    65.583
Hema Bondco II BV           8.500   1/15/2023    EUR    36.183
International Finance Fac   0.500   6/24/2024    ZAR    70.645
Portugal Telecom Internat   6.250   7/26/2016    EUR     0.596
NTRP Via Interpipe Ltd     10.250    8/2/2017    USD    30.069
Verimatrix SA               6.000   6/29/2022    EUR     3.834
Hellas Telecommunications   6.054   1/15/2015    USD     0.017
Cooperatieve Rabobank UA    0.500  10/29/2027    MXN    57.124
OGX Austria GmbH            8.500    6/1/2018    USD     0.001
Breeze Finance SA           6.708   4/19/2027    EUR    28.950
International Industrial    9.000    7/6/2011    EUR     0.185
Alpine Holding GmbH         6.000   5/22/2017    EUR     0.469
Lecta SA                    6.375    8/1/2022    EUR    47.458
Alno AG                     8.500   5/14/2018    EUR     3.250
Enertronica Santerno SpA    7.000  12/31/2022    EUR    50.600
Chr Bygga Bostader Holdin   9.000    7/5/2021    SEK    50.000
Nostrum Oil & Gas Finance   7.000   2/16/2025    USD    49.965
EFG International AG        0.286                EUR    39.750
Intralot Capital Luxembou   5.250   9/15/2024    EUR    45.000
Vneshprombank Ltd Via VPB   9.000  11/14/2016    USD     0.308
Tonon Luxembourg SA         9.250   1/24/2020    USD     1.217
Cirio Del Monte NV          7.750   3/14/2005    EUR     1.841
Havila Shipping ASA         6.270   11/7/2020    NOK    59.693
Stichting Afwikkeling Ond   6.625   5/14/2018    EUR     1.005
Cirio Finance Luxembourg    7.500   11/3/2002    EUR     3.381
Espirito Santo Financial    9.750  12/19/2025    EUR     0.544
Intralot Capital Luxembou   6.750   9/15/2021    EUR    65.000
Banco Santander SA          2.008                EUR     3.142
Barclays Bank PLC           0.080  10/30/2034    USD    71.925
Banco Espirito Santo SA     6.900   6/28/2024    EUR    25.000
Abengoa Abenewco 2 Bis SA   1.500   4/26/2024    EUR     5.375
Offshore Drilling Holding   8.375   9/20/2020    USD    27.670
Activa Resources AG         0.500  11/15/2021    EUR     6.000
Manchester Building Socie   6.750                GBP    14.468
Norske Skogindustrier ASA   2.000  12/30/2115    EUR     1.473
Bank Nadra Via NDR Financ   8.250   7/31/2018    USD     0.151
MLS Innovation Inc          5.300   7/11/2020    EUR    50.011
International Industrial   11.000   2/19/2013    USD     0.185
Windreich GmbH              6.500    3/1/2015    EUR     8.125
Depfa Funding II LP         6.500                EUR    59.161
Kaupthing ehf               5.750   10/4/2011    USD     0.250
CBo Territoria              6.000    1/1/2020    EUR     3.760
Cooperatieve Rabobank UA    0.500   7/30/2043    MXN    17.264
Banco Espirito Santo SA     2.430                EUR     0.975
Finmek International SA     7.000   12/3/2004    EUR     2.193
New World Resources NV      8.000    4/7/2020    EUR     1.473
Pro-Gest SpA                3.250  12/15/2024    EUR    58.658
Del Monte Finance Luxembo   6.625   5/24/2006    EUR     3.548
Thomas Cook Group PLC       6.250   6/15/2022    EUR     6.908
Norske Skog Holding AS      8.000   2/24/2021    EUR     0.155
Banca Popolare di Vicenza   2.821  12/20/2017    EUR     0.228
Virgolino de Oliveira Fin  10.500   1/28/2018    USD     3.421
Steilmann SE                7.000    3/9/2017    EUR     1.429
Alpine Holding GmbH         5.250   6/10/2016    EUR     0.484
Banco Espirito Santo SA     6.875   7/15/2016    EUR    24.776
Deutsche Agrar Holding Gm   7.250   9/28/2018    EUR     1.254
Senvion Holding GmbH        3.875  10/25/2022    EUR     5.583
Alno AG                     8.000   3/21/2019    EUR     4.620
PA Resources AB            13.500    3/3/2016    SEK     0.124
Lecta SA                    6.500    8/1/2023    EUR    47.766
Boparan Finance PLC         4.375   7/15/2021    EUR    71.658
Russian Federal Bond - OF   0.250   7/20/2044    RUB    22.964
Depfa Funding III LP        0.378                EUR    56.396
Aldesa Financial Services   7.250    4/1/2021    EUR    50.491
EDOB Abwicklungs AG         7.500    4/1/2012    EUR     1.079
CRC Breeze Finance SA       6.110    5/8/2026    EUR    50.625
Saleza AS                   9.000   7/12/2021    EUR     0.047
Havila Shipping ASA         5.000   11/7/2020    NOK    45.000
Norske Skog Holding AS      8.000   2/24/2023    USD     0.221
Stichting Afwikkeling Ond   8.450   8/20/2018    USD     1.005
Kirk Beauty One GmbH        8.750   7/15/2023    EUR    66.293
Bulgaria Steel Finance BV  12.000    5/4/2013    EUR     0.216
Odea Bank AS                7.625    8/1/2027    USD    73.599
HPI AG                      3.500                EUR     5.000
Linas Matkasse Newco AB     8.000   10/9/2022    SEK    55.000
UBS AG/London               7.200    1/2/2020    EUR    67.320
Hellas Telecommunications   8.500  10/15/2013    EUR     0.444
Elli Finance UK PLC         8.750   6/15/2019    GBP    58.500
Stichting Afwikkeling Ond   2.343                EUR     0.604
Municipality Finance PLC    0.500   6/19/2024    ZAR    70.651
Espirito Santo Financial    5.050  11/15/2025    EUR     0.476
Espirito Santo Financial    3.125   12/2/2018    EUR     0.165
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    63.850
Kommunekredit               0.500   7/30/2027    TRY    42.295
Steilmann SE                6.750   6/27/2017    EUR     2.184
BOA Offshore AS             0.409   7/17/2047    NOK     9.003
Region of Abruzzo Italy     0.036   11/7/2036    EUR    64.377
Vseukrainsky Aktsinerny B  10.900   6/14/2019    USD     1.056
Cooperatieve Rabobank UA    0.500  10/30/2043    MXN    17.021
Mriya Agro Holding PLC     10.950   3/30/2016    USD     7.701
Afren PLC                   6.625   12/9/2020    USD     0.402
Lloyds Bank PLC             1.395   7/26/2033    USD    66.938
KPNQwest NV                 8.125    6/1/2009    USD     0.634
Galapagos Holding SA        7.000   6/15/2022    EUR     7.473
Officine Maccaferri-SpA     5.750    6/1/2021    EUR    42.650
KPNQwest NV                10.000   3/15/2012    EUR     0.634
Rena GmbH                   7.000  12/15/2015    EUR     2.096
Sairgroup Finance BV        4.375    6/8/2006    EUR    10.000
Afren PLC                  11.500    2/1/2016    USD     0.413
Gebr Sanders GmbH & Co KG   8.750  10/22/2018    EUR    14.324
Solon SE                    1.375   12/6/2012    EUR     0.769
Rena GmbH                   8.250   7/11/2018    EUR     2.096
Manchester Building Socie   8.000                GBP     9.293
Thomas Cook Finance 2 PLC   3.875   7/15/2023    EUR     7.000
Tonon Luxembourg SA        12.500   5/14/2024    USD     1.203
Bibby Offshore Services P   7.500   6/15/2021    GBP    11.076
O1 Properties Finance PLC   8.250   9/27/2021    USD    49.348
SiC Processing GmbH         7.125    3/1/2016    EUR     2.227
Naviera Armas SA            4.250  11/15/2024    EUR    72.279
Decipher Production Ltd    12.500   9/27/2019    USD     1.500
Yell Bondco PLC             8.500    5/2/2023    GBP    71.675
Cattles Ltd                 8.125    7/5/2017    GBP     0.255
Caixa Economica Montepio    5.000                EUR    50.000
getgoods.de AG              7.750   10/2/2017    EUR     0.126
Deutsche Bank AG            0.687  10/11/2049    EUR    67.267
Polnord SA                  6.070   9/29/2020    PLN    10.000
Portugal Telecom Internat   5.242   11/6/2017    EUR     0.694
Finance and Credit Bank J   9.250   1/25/2019    USD     0.931
UkrLandFarming PLC         10.875   3/26/2018    USD     7.683
WEB Windenergie AG          5.250    4/8/2023    EUR    55.010
Island Offshore Shipholdi   4.090   6/30/2021    NOK    12.000
Deutsche Bank AG/London     0.116   6/30/2034    USD    65.267
Societe Generale SA        17.600   1/27/2020    USD    35.659
Phosphorus Holdco PLC      10.000    4/1/2019    GBP     2.423
Alpine Holding GmbH         5.250    7/1/2015    EUR     0.483
Societe Generale SA         9.250   10/1/2020    USD    24.869
Air Berlin Finance BV       8.500    3/6/2019    EUR     2.568
Virgolino de Oliveira Fin  10.875   1/13/2020    USD    21.128
Severstal PJSC              8.650   3/27/2026    RUB    63.130
Societe Generale SA        11.000   1/28/2020    USD    35.375
Boparan Finance PLC         5.500   7/15/2021    GBP    71.641
Afren PLC                  10.250    4/8/2019    USD     0.413
German Pellets GmbH         7.250    4/1/2016    EUR     0.777
Landesbank Schleswig-Hols   2.373    1/5/2040    USD    49.449
MS Deutschland Beteiligun   6.875  12/18/2017    EUR     1.911
Astaldi SpA                 7.125   12/1/2020    EUR    16.473
Mriya Agro Holding PLC      9.450   4/19/2018    USD     6.889
KPNQwest NV                 7.125    6/1/2009    EUR     0.634
OGX Austria GmbH            8.375    4/1/2022    USD     0.001
Barclays Bank PLC          10.000   5/28/2020    USD    73.600
La Veggia Finance SA        7.125  11/14/2004    EUR     0.287
TransFin-M PAO              8.000  11/24/2026    RUB    70.000
Moby SpA                    7.750   2/15/2023    EUR    34.433
Marine Subsea AS            9.000  12/16/2019    USD     0.688
New World Resources NV      4.000   10/7/2020    EUR     0.079
KPNQwest NV                 8.875    2/1/2008    EUR     0.634
Otkritie Holding JSC       11.500   7/14/2027    RUB     0.010
UniCredit Bank AG          12.000    1/3/2020    EUR    60.170
Barclays Bank PLC          12.860   5/28/2020    USD    70.150
Ahtium PLC                  9.750    4/4/2017    EUR     0.976
IDGC of Centre PJSC         6.850  11/12/2024    RUB    99.000
Mobylife Holding A/S        7.268   5/23/2020    SEK     8.125
SAG Solarstrom AG           6.250  12/14/2015    EUR    31.000
Steilmann SE                7.000   9/23/2018    EUR     1.429
Kaupthing ehf               5.750   10/4/2011    USD     0.250
Barclays Bank PLC           0.656  10/10/2029    USD    71.349
Rosneft Oil Co PJSC         6.600  11/25/2026    RUB    70.010
Veneto Banca SpA            6.944   5/15/2025    EUR     0.495
Mox Telecom AG              7.250   11/2/2017    EUR     2.035
Societe Generale SA        17.000   6/30/2022    USD    72.800
SAG Solarstrom AG           7.500   7/10/2017    EUR    31.000
O1 Properties Finance AO   13.000   10/2/2020    RUB    67.000
Norske Skogindustrier ASA   7.125  10/15/2033    USD     0.140
Rio Forte Investments SA    4.000   7/22/2014    EUR     6.041
LBI ehf                     6.100   8/25/2011    USD     7.625
Air Berlin Finance BV       6.000    3/6/2019    EUR     2.293
Ahtium PLC                  4.000  12/16/2015    EUR     0.586
Gazprombank JSC             0.010  11/24/2022    RUB    70.670
Norske Skogindustrier ASA   7.125  10/15/2033    USD     0.140
Moscow Integrated Power C   6.800   11/7/2025    RUB    70.270
Waste Italia SpA           10.500  11/15/2019    EUR     1.000
Teksid Aluminum Luxembour  12.375   7/15/2011    EUR     0.182
WEB Windenergie AG          5.500    4/8/2023    EUR    55.010
Mifa Mitteldeutsche Fahrr   7.500   8/12/2018    EUR     2.410
Lloyds Bank PLC             0.500   7/26/2028    MXN    52.472
Grupo Isolux Corsan SA      0.250  12/30/2018    EUR     0.204
SAir Group                  6.250  10/27/2002    CHF     9.875
Agrokor dd                  8.875    2/1/2020    USD    19.328
Privatbank CJSC Via UK SP  10.875   2/28/2018    USD    30.991
Kaupthing ehf               9.000                USD     0.122
O1 Properties Finance PLC   7.000   1/29/2021    USD    70.069
Veneto Banca SpA            6.411                EUR     0.734
Sairgroup Finance BV        6.625   10/6/2010    EUR     9.973
Raiffeisen Centrobank AG    5.200    2/3/2020    EUR    43.000
Russian Helicopters JSC    11.900   1/15/2026    RUB    66.110
Eniro AB                    6.000   4/14/2020    SEK    54.905
AKB Peresvet ZAO            0.510   2/14/2032    RUB    12.180
Heta Asset Resolution AG    0.148  12/31/2023    EUR     1.620
Raiffeisen Centrobank AG    5.200  12/30/2019    EUR    53.590
Sviaz Bank OAO              7.000   4/13/2022    RUB    70.000
International Bank of Aze   8.250   10/9/2024    USD    61.250
Windreich GmbH              6.750    3/1/2015    EUR     8.125
Polnord SA                  5.820  12/22/2019    PLN    63.000
UniCredit Bank AG           4.100   10/1/2020    EUR    33.910
Bank Otkritie Financial C  10.000   4/26/2019    USD     8.216
Agrokor dd Via Aquarius +   4.921    8/8/2017    EUR    14.375
A-TEC Industries AG         2.750   5/10/2014    EUR     0.141
Societe Generale SA         1.600    1/9/2020    GBP     1.110
Royalbeach Spielwaren Und   7.375  11/10/2020    EUR     4.700
Agrokor dd                  9.125    2/1/2020    EUR    19.250
J&T Banka AS                9.000                EUR    73.229
Pescanova SA                8.750   2/17/2019    EUR     0.360
Ideal Standard Internatio  11.750    5/1/2018    EUR     0.240
Polnord SA                  6.070  12/30/2019    PLN    56.000
Cooperatieve Rabobank UA    0.500  11/30/2027    MXN    55.562
A-TEC Industries AG         8.750  10/27/2014    EUR     0.141
Bilt Paper BV               9.640                USD     1.029
Dolphin Drilling ASA        4.490   8/28/2019    NOK     0.115
EFG International Finance   6.130   6/20/2024    EUR    46.790
Polnord SA                  5.760   2/27/2020    PLN    56.200
A-TEC Industries AG         5.750   11/2/2010    EUR     0.141
Sequa Petroleum NV          5.000   4/29/2020    USD    68.917
Windreich GmbH              6.250    3/1/2015    EUR     8.125
Societe Generale SA        14.720   6/25/2021    USD    76.145
mybet Holding SE            6.250  12/12/2020    EUR     0.500
RENE LEZARD Mode GmbH       7.250  11/25/2017    EUR     1.500
Commerzbank AG              3.450  12/23/2019    GBP    46.020
AKB Peresvet ZAO            0.510    8/4/2034    RUB
SAir Group                  0.125    7/7/2005    CHF     9.875
Commerzbank AG              1.000   11/2/2020    USD    12.780
Espirito Santo Financial    5.125   5/30/2016    EUR     1.634
Centrosolar Group AG        7.000   2/15/2016    EUR     2.387
Finans-Avia OOO            10.000   7/31/2022    RUB     7.380
Top Gun Realisations 74 P   4.500    7/1/2022    EUR    26.926
WEB Windenergie AG          6.250                EUR    55.010
Cooperatieve Rabobank UA    0.500  12/29/2027    MXN    55.654
Natixis SA                  0.300   6/25/2048    USD    45.790
Top Gun Realisations 73 P   8.000    7/1/2023    GBP     0.685
Zaklady Miesne Henryk Kan   6.970   3/29/2021    PLN
Sistema PJSFC               7.500  10/31/2025    RUB    70.060
Sberbank of Russia PJSC     7.550   7/12/2021    RUB    66.260
Credit Suisse AG            0.500  12/16/2025    BRL    64.372
Rio Forte Investments SA    3.900   7/10/2014    USD     6.000
Getin Noble Bank SA         5.790  12/12/2022    PLN    80.000
Barclays Bank PLC           0.252   6/17/2033    USD    70.421
SG Issuer SA                3.000  10/10/2034    ZAR    42.468
Heta Asset Resolution AG    0.066  12/31/2023    EUR     1.620
Bank J Safra Sarasin AG/G  10.400    3/5/2020    CHF    66.730
Leonteq Securities AG      14.000   6/12/2020    CHF    36.070
Polnord SA                  6.210   5/22/2020    PLN    10.000
Podkarpacki Bank Spoldzie   5.090   5/28/2023    PLN    47.540
Golden Gate AG              6.500  10/11/2014    EUR    38.000
BLT Finance BV             12.000   2/10/2015    USD    10.500
Lehman Brothers Treasury    1.900   10/5/2035    EUR     3.400
Minicentrales Dos SA        0.010    6/6/2047    EUR    65.750
Center-Invest Commercial    7.500    3/3/2022    RUB    63.110
UBS AG/London               5.000   3/26/2021    EUR    70.330
TransFin-M PAO             10.000   10/8/2024    RUB    70.000
Veneto Banca SpA            6.950   2/25/2025    EUR     0.100
Bank Otkritie Financial C   0.010   7/16/2025    RUB    66.530
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    66.960
Reso-Leasing OOO            9.500   10/3/2025    RUB    63.380
Sviaz Bank OAO              8.100   12/9/2021    RUB   100.110
Gold-Zack AG                7.000  12/14/2005    EUR    10.010
Touax SCA-SGTR-CITE-SGT-C   6.000   7/10/2020    EUR    17.794
Muehl Product & Service A   6.750   3/10/2005    DEM     0.001
IT Holding Finance SA       9.875  11/15/2012    EUR     0.202
Barclays Bank PLC           1.450   9/24/2038    MXN    30.255
Cooperativa Muratori & Ce   6.000   2/15/2023    EUR     2.565
I-Teco AO                  12.000   9/22/2022    RUB    70.270
Russian Post FGUP           2.750   12/6/2023    RUB    70.000
Federal Grid Co Unified E   4.800  10/30/2048    RUB    64.670
Lehman Brothers Treasury    2.875   3/14/2013    CHF     3.750
Region of Molise Italy      0.060  12/15/2033    EUR    62.104
New World Resources NV      8.000    4/7/2020    EUR     1.473
Top Gun Realisations 74 P   6.500    7/1/2022    GBP    18.638
Societe Generale SA        10.000   6/26/2025    USD    70.950
Kardan NV                   6.325   1/15/2020    ILS     6.500
Atari SA                    0.100    4/1/2020    EUR
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    66.180
LBI ehf                     7.431                USD     0.001
SpareBank 1 SR-Bank ASA     1.426  12/21/2030    EUR    73.277
Norske Skog Holding AS      8.000   2/24/2021    EUR     0.155
Minicentrales Dos SA        0.010    6/6/2047    EUR    65.750
Cooperativa Muratori & Ce   6.875    8/1/2022    EUR     2.383
Credit Suisse AG/London     7.600   8/10/2020    USD    65.343
TransFin-M PAO              9.500   4/13/2026    RUB    70.000
WEB Windenergie AG          4.500                EUR    55.010
Landesbank Hessen-Thuerin   2.250   7/13/2020    EUR    41.500
Virgolino de Oliveira Fin  10.875   1/13/2020    USD    21.128
Grupo Isolux Corsan SA      6.000  12/30/2021    USD     1.297
Sberbank of Russia PJSC     7.550   7/12/2021    RUB    66.170
Polnord SA                  5.910   4/24/2020    PLN    57.000
State of Saxony-Anhalt      0.134    7/3/2028    EUR    42.000
Bibby Offshore Services P   7.500   6/15/2021    GBP    11.076
Elli Investments Ltd       12.250   6/15/2020    GBP    54.613
Mobile TeleSystems PJSC     7.900    7/8/2026    RUB    73.610
Heta Asset Resolution AG    7.500  12/31/2023    ATS     1.620
Barclays Bank PLC          10.500   5/29/2020    USD    33.490
Societe Generale SA         7.000  10/20/2020    USD
Bank Otkritie Financial C   0.010   9/24/2025    RUB    65.980
Otkritie Holding JSC       12.420    8/5/2025    RUB
Heta Asset Resolution AG    4.350  12/31/2023    EUR     1.666
HSBC Trinkaus & Burkhardt   8.200  12/27/2019    EUR    63.160
VTB Bank PJSC               9.000  11/26/2043    RUB    60.050
SAir Group                  5.125    3/1/2003    CHF    13.500
Espirito Santo Financial    0.534  10/27/2024    EUR     1.322
Heta Asset Resolution AG    5.920  12/31/2023    EUR     1.620
Banco Espirito Santo SA    10.000   12/6/2021    EUR     0.084
SAir Group                  5.500   7/23/2003    CHF     9.875
Tonon Luxembourg SA         9.250   1/24/2020    USD     1.217
Credito Padano Banca di C   3.100                EUR    34.642
Pescanova SA                5.125   4/20/2017    EUR     0.360
SALVATOR Vermoegensverwal   9.500  12/31/2021    EUR     6.000
Commerzbank AG              6.000    5/9/2022    USD     4.760
Natixis SA                  3.500   3/23/2020    USD    61.191
Er-Telekom Holding ZAO     10.850   12/1/2021    RUB    60.060
Federal Grid Co Unified E   4.800  10/30/2048    RUB    63.870
Deutsche ETP GmbH & Co Im   3.000  11/30/2028    EUR     3.240
LBI ehf                     2.250   2/14/2011    CHF     7.625
Northland Resources AB      4.000  10/15/2020    USD     0.138
O1 Group Finance OOO       10.500   4/22/2027    RUB     0.230
Kardan NV                   6.775    2/2/2020    ILS    24.330
Investtorgstroi OOO        11.500   2/15/2034    RUB    60.890
Business-Consulting OAO     6.000   12/6/2030    RUB    39.670
Societe Generale SA         3.080   1/31/2033    USD    70.750
Northland Resources AB      4.000  10/15/2020    NOK     0.138
Kaupthing ehf               5.100   5/10/2045    ISK     0.250
Societe Generale SA         8.000   9/12/2020    USD    56.250
Samolet Group               9.500  12/17/2021    RUB    70.000
DekaBank Deutsche Girozen   4.300   4/17/2020    EUR    73.790
UBS AG/London               4.000    1/2/2020    EUR    62.020
SG Issuer SA                4.000   6/22/2026    EUR    75.900
Waste Management NN CJSC    8.200   6/15/2022    RUB    59.530
Credit Suisse AG/Nassau     7.000   6/22/2021    CHF    63.950
Russian Railways JSC        4.500   8/18/2033    RUB    70.060
Sviaz Bank OAO              7.000    4/7/2022    RUB    70.020
Cooperatieve Rabobank UA    0.500   1/31/2033    MXN    36.119
Zaklady Miesne Henryk Kan   6.970   3/29/2021    PLN
Leonteq Securities AG       9.000   10/1/2020    CHF    61.800
Main Road JSC               5.480  10/30/2028    RUB    98.000
Province of Brescia Italy   0.069  12/22/2036    EUR    67.735
Espirito Santo Financial    5.625   7/28/2017    EUR     1.272
AlphaNotes ETP Dac          0.010    9/9/2029    USD    68.429
AKB Peresvet ZAO           13.250   4/25/2018    RUB    18.250
KPNQwest NV                 8.875    2/1/2008    EUR     0.634
Lehman Brothers Treasury   14.900  11/16/2010    EUR     2.571
Credito Padano Banca di C   3.100                EUR    34.383
Commerzbank AG              5.350    3/2/2020    USD    53.000
Leonteq Securities AG/Gue  10.600   12/8/2020    EUR    63.860
VTB Bank PJSC               9.000   8/14/2043    RUB    62.000
Federal Grid Co Unified E   5.000   6/30/2048    RUB    65.430
Northland Resources AB     12.250   3/26/2016    USD     2.621
Phosphorus Holdco PLC      10.000    4/1/2019    GBP     2.423
Irish Bank Resolution Cor   4.000   4/23/2018    EUR    45.461
Kaupthing ehf               3.300                ISK     0.250
Otkritie Holding JSC       10.000   4/20/2028    RUB
Cerruti Finance SA          6.500   7/26/2004    EUR     1.770
Heta Asset Resolution AG    5.730  12/31/2023    EUR     1.620
Virgolino de Oliveira Fin  11.750    2/9/2022    USD     3.752
Petromena ASA              10.850  11/19/2018    USD     0.607
Lehman Brothers Treasury    2.000   3/16/2035    EUR     3.400
Kaupthing ehf               5.000    1/4/2027    SKK     0.250
Barclays Bank PLC           0.500   1/28/2033    MXN    35.720
Landesbank Hessen-Thuerin   6.100   12/4/2023    EUR    56.050
Raiffeisen Centrobank AG    8.000    3/3/2020    EUR    67.760
UBS AG/London               8.500    1/6/2020    EUR    41.450
Gazprombank JSC             0.010   3/30/2020    RUB    72.860
UniCredit Bank AG           4.400  12/17/2019    EUR    58.570
Natixis SA                  3.690   11/9/2020    USD    75.048
Raiffeisen Centrobank AG   10.000   5/11/2020    EUR    59.140
Landesbank Hessen-Thuerin   6.000   12/1/2022    EUR    60.320
Landesbank Hessen-Thuerin   3.500    9/8/2022    EUR    62.900
Landesbank Hessen-Thuerin   3.350    8/6/2021    EUR    72.800
Natixis SA                  2.750    3/1/2021    USD    71.510
Federal Grid Co Unified E   9.350  10/17/2051    RUB    70.010
Northland Resources AB     15.000   7/15/2019    USD     2.621
Grupo Isolux Corsan SA      0.250  12/30/2021    USD     0.204
Lehman Brothers Treasury    1.900   11/2/2035    EUR     3.400
Lehman Brothers Treasury   11.000   6/29/2009    EUR     2.571
Lehman Brothers Treasury    5.103   6/22/2046    EUR     2.571
Kaupthing ehf               6.125   10/4/2016    USD     0.250
LBI ehf                     7.431                USD     0.001
Landesbank Hessen-Thuerin   5.200  10/22/2024    EUR    74.980
Leonteq Securities AG/Gue   9.400  12/27/2019    CHF    73.120
Transneft PJSC              9.650   6/30/2023    RUB    70.200
JP Morgan Structured Prod   9.500   7/27/2020    USD    50.000
VTB Bank PJSC               3.000   8/14/2043    RUB   100.050
SALVATOR Vermoegensverwal   9.500                EUR    15.500
Raiffeisen Schweiz Genoss   6.250   2/17/2020    CHF    65.290
City of Predeal Romania     3.500   5/15/2026    RON    60.000
Valaris plc                 8.000   1/31/2024    USD    55.660
Irish Bank Resolution Cor   6.750  11/30/2013    BGN    46.000
Laurel GmbH                 7.125  11/16/2017    EUR     7.750
Heta Asset Resolution AG    0.356  12/31/2023    EUR     1.581
Societe Generale SA        10.000  12/31/2019    USD    47.350
Landesbank Hessen-Thuerin   4.150   1/15/2020    EUR    67.000
SG Issuer SA                6.420   9/25/2020    CHF    74.950
UBS AG/London               8.000   2/21/2020    EUR    63.650
TransFin-M PAO             10.500   6/28/2027    RUB    70.000
VTB Bank PJSC               9.000    9/1/2044    RUB    62.000
Raiffeisen Schweiz Genoss   9.000  12/18/2019    CHF    46.730
Commerzbank AG              2.450    3/9/2020    EUR    58.100
VTB Bank PJSC               3.000   12/6/2044    RUB    62.000
VTB Bank PJSC               9.000   12/6/2044    RUB    62.000
Podkarpacki Bank Spoldzie   5.790   2/23/2025    PLN    35.500
VTB Bank PJSC               3.000  11/26/2043    RUB   100.000
UBS AG/London              10.000    3/9/2020    CHF    59.150
Astana Finance BV           7.875    6/8/2010    EUR    16.000
Lehman Brothers Treasury    5.250    4/1/2023    EUR     2.571
Mriya Agro Holding PLC      9.450   4/19/2018    USD     6.889
Lehman Brothers Treasury   10.000   6/11/2038    JPY     2.571
Lehman Brothers Treasury   10.000   6/17/2009    USD     2.571
Deutsche Bank AG/London     2.000  10/25/2023    TRY    64.574
Deutsche Bank AG/London     0.500  10/18/2038    MXN    21.545
Agrokor dd                  9.875    5/1/2019    EUR    20.420
OOO SPV Structural Invest   0.010    9/1/2023    RUB    66.740
Astana Finance BV           9.000  11/16/2011    USD    15.153
Kaupthing ehf               6.125   10/4/2016    USD     0.250
Samaratransneft-Terminal   17.000   6/20/2021    RUB    11.100
Natixis SA                  3.100   7/26/2021    USD    79.207
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    60.360
Commerzbank AG              6.000    6/6/2022    USD     5.930
Commerzbank AG              2.800  12/30/2019    USD    55.600
Commerzbank AG              2.540   4/15/2020    EUR    71.260
EFG International Finance   7.000   5/23/2022    EUR    71.840
Derzhava-platforma OOO     12.000   5/18/2023    RUB    60.060
Societe Generale SA         8.000   5/28/2027    USD    39.700
getBACK SA                  5.700   2/16/2021    PLN
Commerzbank AG              3.200    4/6/2020    USD    70.050
Societe Generale SA        11.500  11/30/2020    USD    66.050
Rosselkhozbank JSC         15.000   1/29/2025    RUB    70.640
Credit Suisse AG/Nassau     7.000   1/13/2021    CHF    66.780
WEB Windenergie AG          2.750  12/17/2020    EUR    55.010
Espirito Santo Financial    5.050  11/15/2025    EUR     0.353
Credit Suisse AG/London     3.000  11/15/2025    ZAR    73.114
Aralco Finance SA          10.125    5/7/2020    USD     1.324
Lehman Brothers Treasury   11.000  12/20/2017    AUD     2.571
Intelsat SA                 4.500   6/15/2025    USD    60.535
KPNQwest NV                 7.125    6/1/2009    EUR     0.634
Banca Popolare di Vicenza   9.500   10/2/2025    EUR     0.106
SAir Group                  2.750   7/30/2004    CHF     9.875
Hellas Telecommunications   6.054   1/15/2015    USD     0.017
Barclays Bank PLC           2.000   6/12/2029    TRY    43.408
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    70.530
Credit Suisse AG/London     5.000   6/23/2020    EUR    47.160
DekaBank Deutsche Girozen   4.810   6/30/2020    EUR    65.880
UniCredit Bank AG           6.600   7/20/2028    EUR    35.940
Centralnaya Prigorodnaya    7.550  12/15/2027    RUB    70.000
Bank Julius Baer & Co Ltd   6.650  12/27/2019    CHF    72.150
Leonteq Securities AG      11.350  12/27/2019    CHF    50.910
Credit Suisse AG/London     8.000  12/23/2019    USD    64.840
EFG International Finance   7.200  10/26/2020    EUR    60.570
Finans-Avia OOO             0.010   7/31/2027    RUB     3.670
VTB Bank PJSC               9.000   9/15/2044    RUB    62.000
UBS AG/London              10.250   3/23/2020    EUR    46.800
EFG International Finance   8.000   1/29/2020    USD    49.370
UBS AG/London              11.500    3/9/2020    CHF    57.000
Northland Resources AB     15.000   7/15/2019    USD     2.621
Kreditanstalt fuer Wieder   0.250   10/6/2036    CAD    46.358
WPE International Coopera  10.375   9/30/2020    USD     0.624
Kaupthing ehf               3.750    2/1/2045    USD     0.100
Lehman Brothers Treasury   11.750    3/1/2010    EUR     2.571
Tonon Luxembourg SA        12.500   5/14/2024    USD     1.203
Lehman Brothers Treasury    7.000   4/24/2009    USD     2.571
Leonteq Securities AG      13.200    1/8/2020    CHF    59.250
Raiffeisen Schweiz Genoss   7.300    3/5/2020    CHF    65.780
Macquarie Internationale   11.550   8/28/2023    ZAR    14.918
Erste Group Bank AG         8.000   9/28/2023    EUR    62.600
SG Issuer SA                0.800  10/21/2020    SEK    40.460
Vonetize Plc                6.000    8/1/2022    ILS    65.700
Natixis SA                  3.150    6/8/2021    USD    61.475
Natixis SA                  2.100    6/8/2021    EUR    61.728
UniCredit Bank AG           4.600   10/8/2022    EUR    63.400
Vontobel Financial Produc  12.000   6/29/2020    EUR    71.570
TransFin-M PAO              9.000    2/6/2026    RUB    70.000
Fast Finance SA            10.500   1/15/2021    PLN    28.000
SG Issuer SA                6.650  10/10/2021    EUR    71.560
Metalloinvest Holding Co    0.010    3/7/2022    RUB    65.010
Metalloinvest Holding Co    0.010   3/10/2022    RUB    66.510
Raiffeisen Centrobank AG    6.000   7/21/2020    EUR    59.250
Leonteq Securities AG/Gue  10.200    6/3/2020    USD    65.540
Landesbank Hessen-Thuerin   3.150   5/11/2022    EUR    69.520
Podkarpacki Bank Spoldzie   5.790  10/24/2024    PLN    41.500
AKB Derzhava OJSC           8.000   7/10/2023    RUB    73.800
Landesbank Baden-Wuerttem   6.500   7/24/2020    EUR    70.010
Archer Finance OOO          9.250   3/29/2022    RUB
Kaupthing ehf               3.750   2/15/2024    ISK     0.250
ECM Real Estate Investmen   5.000   10/9/2011    EUR    15.375
Kaupthing ehf               7.500   12/5/2014    ISK     0.250
Kaupthing ehf               6.500   10/8/2010    ISK     0.250
BNP Paribas SA              0.500  11/16/2032    MXN    36.348
AKB Peresvet ZAO           13.000   10/7/2017    RUB    18.250
SG Issuer SA                3.300   9/26/2034    ZAR    44.738
IT Holding Finance SA       9.875  11/15/2012    EUR     0.202
Kaupthing ehf               4.390  10/14/2008    CZK     0.250
Heta Asset Resolution AG    4.875  12/31/2023    EUR     1.620
Nota-Bank OJSC             13.500    4/1/2016    RUB    31.500
Norske Skog Holding AS      8.000   2/24/2023    USD     0.221
LBI ehf                     8.650    5/1/2011    ISK     7.625
LBI ehf                     5.080    3/1/2013    ISK     7.625
Kaupthing ehf               7.000   7/24/2009    ISK     0.250
Otkritie Holding JSC       12.420   7/20/2028    RUB     1.500
Heta Asset Resolution AG    0.281  12/31/2023    EUR     1.620
SAir Group                  2.125   11/4/2004    CHF     9.875
Lehman Brothers Treasury    4.680  12/12/2045    EUR     2.571
Pescanova SA                6.750    3/5/2015    EUR     0.363
House of Fraser Funding P   6.550   9/15/2020    GBP     4.868
Kaupthing ehf               9.750   9/10/2015    USD     0.250
SAir Group                  4.250    2/2/2007    CHF     9.875
Kaupthing ehf               4.730  12/19/2008    SKK     0.250
Delta Credit Bank JSC      10.290  11/24/2021    RUB    67.530
Kaupthing ehf               7.625   2/28/2015    USD     0.250
Lehman Brothers Treasury   12.400   6/12/2009    USD     2.571
Hellas Telecommunications   8.500  10/15/2013    EUR     0.444
Ideal Standard Internatio  11.750    5/1/2018    EUR     0.240
Kaupthing ehf               5.250   7/18/2017    BGN     0.250
Raiffeisen Schweiz Genoss   5.750    9/2/2020    CHF    49.570
UBS AG/London               9.500   2/28/2020    EUR    53.600
UBS AG/London              10.000   2/28/2020    EUR    51.300
Bayerische Landesbank       3.400   7/16/2021    EUR    54.390
Rosneft Oil Co PJSC         8.700   3/23/2029    RUB    63.130
Commerzbank AG             13.200   9/19/2023    SEK    73.290
Landesbank Hessen-Thuerin   8.900   10/6/2020    EUR    30.400
Bayerische Landesbank       2.400  12/20/2019    EUR    60.760
Landesbank Hessen-Thuerin   3.000    7/6/2021    EUR    64.200
Pongs & Zahn AG             8.500                EUR     0.016
Metalloinvest Holding Co    0.010    3/7/2022    RUB    65.000
EFG International Finance   7.200   7/29/2020    EUR    11.410
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    71.620
Landesbank Hessen-Thuerin   7.800  12/15/2022    EUR    75.040
TransFin-M PAO             10.000  10/23/2024    RUB    70.000
TransFin-M PAO             10.000  10/14/2024    RUB    70.000
SG Issuer SA                5.500   4/10/2021    EUR    69.820
COFIDUR SA                  0.100  12/31/2024    EUR    24.500
Credit Suisse AG/London     6.750   1/23/2020    EUR    69.000
Municipality Finance PLC    0.250   6/28/2040    CAD    36.363
AKB Peresvet ZAO            0.510   6/23/2021    RUB    17.710
Samaratransneft-Terminal   12.000   4/27/2022    RUB    25.000
Lehman Brothers Treasury   13.500  11/28/2008    USD     2.571
PSN Pm OOO                  9.500   9/10/2026    RUB    21.625
Leonteq Securities AG/Gue  10.000    2/3/2020    USD    60.600
Raiffeisen Switzerland BV   5.600   11/2/2020    CHF    75.190
DZ Bank AG Deutsche Zentr  10.500  12/27/2019    EUR    65.990
EFG International Finance   6.400   6/22/2020    CHF    59.960
Credit Suisse AG/Nassau     8.000  12/18/2019    EUR    70.480
SecurAsset SA               5.250   6/30/2022    EUR    53.250
Landesbank Hessen-Thuerin   4.000   2/17/2021    EUR    40.370
SG Issuer SA                5.000   7/10/2020    EUR    12.500
Federal Grid Co Unified E   5.000   3/23/2050    RUB    65.430
Leonteq Securities AG/Gue   8.000  12/27/2019    CHF    68.730
DekaBank Deutsche Girozen   7.000    2/1/2021    EUR    65.100
Podkarpacki Bank Spoldzie   4.990   10/6/2021    PLN    60.890
Derzhava-Garant OOO         9.500   6/24/2020    RUB    60.000
Lehman Brothers Treasury    6.000   12/6/2016    USD     2.571
HSBC Bank PLC               0.500  11/25/2025    BRL    64.678
Otkritie Holding JSC       10.770   9/17/2027    RUB     0.580
SAir Group                  6.250   4/12/2005    CHF     9.875
MIK OAO                    15.000   2/19/2020    RUB    12.010
Lehman Brothers Treasury    0.500    8/1/2020    EUR     2.571
Lehman Brothers Treasury    7.500   2/14/2010    AUD     2.571
Lehman Brothers Treasury    8.000   5/22/2009    USD     2.571
SAir Group                  2.750   7/30/2004    CHF     9.875
Lehman Brothers Treasury    5.100    5/8/2017    HKD     3.400
DZ Bank AG Deutsche Zentr   6.500  12/27/2019    EUR    57.950
DZ Bank AG Deutsche Zentr   5.500  12/27/2019    EUR    51.160
DZ Bank AG Deutsche Zentr   6.250  12/27/2019    EUR    71.520
Societe Generale Effekten   7.315   3/20/2020    EUR    37.030
Societe Generale Effekten  17.942  12/20/2019    EUR    57.050
Societe Generale Effekten   7.603  12/20/2019    EUR    62.090
Societe Generale Effekten  14.901  12/20/2019    EUR    60.710
UBS AG/London               9.000    4/3/2020    CHF    72.900
DZ Bank AG Deutsche Zentr  10.250  12/27/2019    EUR
DZ Bank AG Deutsche Zentr   4.500  12/27/2019    EUR    73.860
DZ Bank AG Deutsche Zentr   4.500  12/27/2019    EUR    56.940
DZ Bank AG Deutsche Zentr   5.250  12/27/2019    EUR    57.910
Societe Generale Effekten  15.205  12/20/2019    EUR    69.120
Societe Generale Effekten   6.690  12/20/2019    EUR    34.910
Societe Generale Effekten   8.778   3/20/2020    EUR    67.150
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    37.000
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    64.440
Landesbank Baden-Wuerttem   2.500   4/24/2020    EUR    76.200
Landesbank Baden-Wuerttem   2.500   4/24/2020    EUR    40.420
Landesbank Baden-Wuerttem   9.000   4/24/2020    EUR    73.410
Landesbank Baden-Wuerttem   4.500   5/22/2020    EUR    69.990
Landesbank Baden-Wuerttem   6.000   5/22/2020    EUR    65.890
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    73.600
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    63.380
Societe Generale Effekten  12.468  12/20/2019    EUR    71.650
Societe Generale Effekten   5.778  12/20/2019    EUR    73.790
Societe Generale Effekten   9.732  12/20/2019    EUR    66.580
Societe Generale Effekten  28.586  12/20/2019    EUR    52.080
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    72.700
Landesbank Baden-Wuerttem   3.000   4/24/2020    EUR    60.380
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    72.310
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    69.370
Landesbank Baden-Wuerttem   5.500   4/24/2020    EUR    66.890
Landesbank Baden-Wuerttem   6.500   4/24/2020    EUR    70.940
Landesbank Baden-Wuerttem   3.500   4/24/2020    EUR    67.690
Landesbank Baden-Wuerttem   6.000   4/24/2020    EUR    65.610
UBS AG/London               4.300   6/25/2020    EUR    71.970
UBS AG/London               3.900    1/2/2020    EUR    73.780
UBS AG/London               7.200    1/2/2020    EUR    65.110
UBS AG/London              10.700    1/2/2020    EUR    69.410
UBS AG/London               5.800   6/25/2020    EUR    67.450
UBS AG/London              12.700    1/2/2020    EUR    69.030
UBS AG/London              13.600    1/2/2020    EUR    55.730
Raiffeisen Schweiz Genoss   7.400    4/1/2020    CHF    73.980
Raiffeisen Schweiz Genoss   5.800   9/28/2021    CHF    64.430
Raiffeisen Schweiz Genoss   7.200   9/28/2020    EUR    63.240
Landesbank Baden-Wuerttem   7.000   7/24/2020    EUR    68.110
Vontobel Financial Produc  12.000   3/13/2020    EUR    56.120
Vontobel Financial Produc  11.000   3/13/2020    EUR    66.880
Vontobel Financial Produc   6.500   3/13/2020    EUR    72.950
Vontobel Financial Produc   9.500   3/13/2020    EUR    67.230
Vontobel Financial Produc  15.500   3/27/2020    EUR    72.910
Vontobel Financial Produc  18.000   3/13/2020    EUR    69.250
Vontobel Financial Produc  10.500   3/13/2020    EUR    65.540
Vontobel Financial Produc  17.500    1/3/2020    EUR    69.750
Vontobel Financial Produc  15.500    1/3/2020    EUR    67.710
Vontobel Financial Produc  11.000    1/3/2020    EUR    65.990
Vontobel Financial Produc   5.500    1/3/2020    EUR    53.800
Vontobel Financial Produc  12.500    1/3/2020    EUR    59.350
Vontobel Financial Produc   9.000    1/3/2020    EUR    64.550
Vontobel Financial Produc   4.000    1/3/2020    EUR    70.790
Vontobel Financial Produc   3.500    1/3/2020    EUR    73.120
Vontobel Financial Produc   6.500    1/3/2020    EUR    64.670
Vontobel Financial Produc   8.500    1/3/2020    EUR    61.180
Vontobel Financial Produc   9.000    1/3/2020    EUR    46.280
Vontobel Financial Produc  10.500    1/3/2020    EUR    58.060
Vontobel Financial Produc  12.500    1/3/2020    EUR    55.270
Vontobel Financial Produc   7.500    1/3/2020    EUR    65.610
Vontobel Financial Produc  11.000    1/3/2020    EUR    58.330
Vontobel Financial Produc   8.000    1/3/2020    EUR    62.340
Vontobel Financial Produc  15.000    1/3/2020    EUR    75.050
HSBC Trinkaus & Burkhardt  10.000   6/26/2020    EUR    69.390
HSBC Trinkaus & Burkhardt   8.000   9/25/2020    EUR    72.790
HSBC Trinkaus & Burkhardt   9.000   2/28/2020    EUR    71.350
Vontobel Financial Produc  10.500  12/31/2019    EUR    50.000
Vontobel Financial Produc  11.000  12/31/2019    EUR    50.020
HSBC Trinkaus & Burkhardt  15.000  12/27/2019    EUR    31.990
HSBC Trinkaus & Burkhardt   7.900   3/27/2020    EUR    38.540
HSBC Trinkaus & Burkhardt  12.600   6/26/2020    EUR    37.100
HSBC Trinkaus & Burkhardt   9.100   2/28/2020    EUR    37.130
DZ Bank AG Deutsche Zentr   8.250  12/27/2019    EUR    31.780
HSBC Trinkaus & Burkhardt   6.100  12/27/2019    EUR    60.470
HSBC Trinkaus & Burkhardt   2.400  12/27/2019    EUR    66.520
Goldman Sachs & Co Wertpa  12.000   6/24/2020    EUR    54.970
Goldman Sachs & Co Wertpa  13.000   6/24/2020    EUR    58.200
Goldman Sachs & Co Wertpa   6.000  12/27/2019    EUR    73.770
Goldman Sachs & Co Wertpa   7.000  12/27/2019    EUR    69.770
Goldman Sachs & Co Wertpa  14.000  12/27/2019    EUR    60.340
Goldman Sachs & Co Wertpa  16.000  12/27/2019    EUR    53.770
Goldman Sachs & Co Wertpa  10.000  12/27/2019    EUR
Goldman Sachs & Co Wertpa   5.000   3/25/2020    EUR    67.860
Goldman Sachs & Co Wertpa   6.000   3/25/2020    EUR    64.640
Goldman Sachs & Co Wertpa   7.000   3/25/2020    EUR    61.770
Goldman Sachs & Co Wertpa  10.000   3/25/2020    EUR    57.150
Goldman Sachs & Co Wertpa   4.000   6/24/2020    EUR    70.660
Goldman Sachs & Co Wertpa   4.000   6/24/2020    EUR    74.800
Goldman Sachs & Co Wertpa   6.000   6/24/2020    EUR    64.580
Goldman Sachs & Co Wertpa   6.000   3/25/2020    EUR    67.990
Goldman Sachs & Co Wertpa   9.000   3/25/2020    EUR    61.880
Goldman Sachs & Co Wertpa   5.000   6/24/2020    EUR    72.610
Goldman Sachs & Co Wertpa   7.000   6/24/2020    EUR    66.250
Goldman Sachs & Co Wertpa   8.000   6/24/2020    EUR    63.560
Goldman Sachs & Co Wertpa  10.000   6/24/2020    EUR    61.700
Goldman Sachs & Co Wertpa   4.000  12/27/2019    EUR    70.270
Goldman Sachs & Co Wertpa   7.000  12/27/2019    EUR    63.100
Goldman Sachs & Co Wertpa   8.000  12/27/2019    EUR    60.030
Leonteq Securities AG/Gue  11.000   1/30/2020    USD    55.250
UniCredit Bank AG           3.700   9/14/2022    EUR    65.390
Societe Generale Effekten   6.325  12/20/2019    EUR    68.200
Societe Generale Effekten  12.982  12/20/2019    EUR    55.830
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    71.040
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    75.270
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    51.670
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    63.220
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    70.090
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    58.800
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    55.190
Raiffeisen Centrobank AG    8.454  12/27/2019    EUR    73.340
Raiffeisen Centrobank AG   13.033  12/27/2019    EUR    71.450
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    59.750
Landesbank Baden-Wuerttem   7.000   1/24/2020    EUR    66.560
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    68.520
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    68.240
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    64.270
Landesbank Baden-Wuerttem   5.500   1/24/2020    EUR    58.520
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    74.410
Landesbank Baden-Wuerttem   7.000   1/24/2020    EUR    71.640
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    59.660
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    62.140
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    29.330
UBS AG/London               6.000   2/24/2020    CHF    66.350
Landesbank Baden-Wuerttem   2.500   2/28/2020    EUR    66.760
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    60.170
UBS AG/London               9.000   8/24/2020    EUR    69.600
UBS AG/London               9.000   8/24/2020    CHF    67.800
UBS AG/London              11.000   8/24/2020    CHF    68.050
UBS AG/London              12.000   2/24/2020    USD    47.450
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    63.930
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    58.190
Vontobel Financial Produc   8.000  12/31/2019    EUR    67.760
Leonteq Securities AG/Gue  10.000   8/31/2020    EUR    74.450
DekaBank Deutsche Girozen   2.400   8/21/2020    EUR    55.560
DekaBank Deutsche Girozen   5.000   2/28/2020    EUR    54.960
Raiffeisen Schweiz Genoss   6.000    3/5/2020    CHF    65.520
Vontobel Financial Produc  10.000  12/31/2019    EUR    62.550
Vontobel Financial Produc  14.000  12/31/2019    EUR    51.320
UniCredit Bank AG           4.750   9/18/2020    EUR    63.370
Landesbank Hessen-Thuerin   3.500   9/28/2022    EUR    67.060
Raiffeisen Centrobank AG    9.755   3/24/2020    EUR    69.150
DZ Bank AG Deutsche Zentr   6.750  12/27/2019    EUR    62.070
DZ Bank AG Deutsche Zentr   5.000  12/27/2019    EUR    31.300
Raiffeisen Centrobank AG    6.620   3/24/2020    EUR    59.600
Raiffeisen Centrobank AG    5.359   3/24/2020    EUR    72.840
Raiffeisen Centrobank AG    6.935   3/24/2020    EUR    72.040
Raiffeisen Centrobank AG    8.511   3/24/2020    EUR    60.310
Banque Cantonale Vaudoise   6.300    9/7/2020    CHF    71.500
Bayerische Landesbank       3.400   10/2/2020    EUR    73.500
Bayerische Landesbank       3.250   10/2/2020    EUR    71.760
Landesbank Baden-Wuerttem   4.000   8/28/2020    EUR    70.430
Landesbank Baden-Wuerttem   7.000   8/28/2020    EUR    68.630
Landesbank Baden-Wuerttem   2.500   8/28/2020    EUR    72.640
Landesbank Baden-Wuerttem   4.000   8/28/2020    EUR    67.280
Landesbank Baden-Wuerttem   2.500   8/28/2020    EUR    66.640
Landesbank Baden-Wuerttem   4.000   8/28/2020    EUR    60.610
Landesbank Baden-Wuerttem   3.000   8/28/2020    EUR    39.320
Landesbank Baden-Wuerttem   5.000   8/28/2020    EUR    34.950
Landesbank Baden-Wuerttem   7.000   8/28/2020    EUR    74.740
Landesbank Baden-Wuerttem   4.000   8/28/2020    EUR    71.020
Landesbank Baden-Wuerttem   2.500   8/28/2020    EUR    67.630
Landesbank Baden-Wuerttem   3.500   8/28/2020    EUR    62.640
Landesbank Baden-Wuerttem   4.500   8/28/2020    EUR    60.800
Landesbank Baden-Wuerttem   6.000   8/28/2020    EUR    72.710
Landesbank Baden-Wuerttem   6.500   8/28/2020    EUR    68.160
Landesbank Baden-Wuerttem   2.500   8/28/2020    EUR    69.850
Landesbank Baden-Wuerttem   4.000   8/28/2020    EUR    63.070
Landesbank Baden-Wuerttem   3.000   8/28/2020    EUR    71.900
Landesbank Baden-Wuerttem   5.000   8/28/2020    EUR    65.550
Credit Suisse AG/London     4.590   2/28/2020    EUR    53.320
Landesbank Hessen-Thuerin   4.650   9/28/2023    EUR    64.960
Credit Suisse AG/London     4.360   2/28/2020    EUR    73.690
DekaBank Deutsche Girozen   7.250    4/1/2021    EUR    63.800
DekaBank Deutsche Girozen   7.700   3/26/2021    EUR    70.120
UBS AG/London               6.250    3/2/2020    CHF    65.950
UBS AG/London              10.000   8/31/2020    CHF    70.300
UBS AG/London               9.000   8/31/2020    CHF    65.700
UBS AG/London              10.500   8/31/2020    EUR    64.600
UBS AG/London              10.000    3/2/2020    EUR    55.000
Vontobel Financial Produc   4.300   9/25/2020    EUR    65.920
HSBC Trinkaus & Burkhardt   6.100   9/25/2020    EUR    62.980
HSBC Trinkaus & Burkhardt  12.600   3/27/2020    EUR    72.560
HSBC Trinkaus & Burkhardt   5.800   3/27/2020    EUR    63.090
HSBC Trinkaus & Burkhardt   6.100   6/26/2020    EUR    62.810
HSBC Trinkaus & Burkhardt  11.300   9/25/2020    EUR    54.830
HSBC Trinkaus & Burkhardt   6.800   6/26/2020    EUR    70.880
Landesbank Baden-Wuerttem   5.000  12/29/2020    EUR    49.190
Leonteq Securities AG      16.200    6/4/2020    EUR    71.670
Deutsche Bank AG            4.200  12/24/2019    EUR    74.500
Deutsche Bank AG            4.200   3/24/2020    EUR    73.500
HSBC Trinkaus & Burkhardt   2.000   3/27/2020    EUR    76.430
Vontobel Financial Produc  12.000  12/31/2019    EUR    67.760
Vontobel Financial Produc  12.000  12/31/2019    EUR    73.880
Vontobel Financial Produc  13.500   3/13/2020    EUR    67.480
Vontobel Financial Produc   9.500   3/13/2020    EUR    66.110
Vontobel Financial Produc  11.000   3/13/2020    EUR    70.850
UBS AG/London               8.000    4/3/2020    USD    60.700
UBS AG/London               7.500   9/28/2020    EUR    73.700
UBS AG/London               9.000   10/5/2020    EUR    61.200
Raiffeisen Schweiz Genoss  11.600    1/3/2020    CHF    70.570
Raiffeisen Schweiz Genoss   8.500    4/1/2020    CHF    62.780
UBS AG/London               9.100    1/2/2020    EUR    72.250
UBS AG/London               7.300   3/26/2020    EUR    66.810
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    74.620
Landesbank Baden-Wuerttem   3.000   7/24/2020    EUR    46.330
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    42.410
Vontobel Financial Produc   5.500   3/13/2020    EUR    65.150
Vontobel Financial Produc   7.500   3/13/2020    EUR    70.930
Vontobel Financial Produc   8.500   3/13/2020    EUR    69.030
Vontobel Financial Produc  14.000    1/3/2020    EUR    73.910
Vontobel Financial Produc  11.500   3/13/2020    EUR    63.950
Vontobel Financial Produc   9.000   3/13/2020    EUR    70.360
Leonteq Securities AG      10.200    1/8/2020    CHF    73.360
Vontobel Financial Produc   7.000   3/13/2020    EUR    63.520
Credit Suisse AG/London     7.000    1/6/2020    CHF    70.640
Vontobel Financial Produc  10.500    1/3/2020    EUR    75.870
Vontobel Financial Produc   6.500    1/3/2020    EUR    73.990
Vontobel Financial Produc   7.500    1/3/2020    EUR    67.540
Vontobel Financial Produc  10.500    1/3/2020    EUR    61.820
Vontobel Financial Produc   6.000    1/3/2020    EUR    66.600
Vontobel Financial Produc   5.000    1/3/2020    EUR    68.630
Vontobel Financial Produc   9.500    1/3/2020    EUR    59.570
Vontobel Financial Produc   7.500    1/3/2020    EUR    62.870
Vontobel Financial Produc  10.500    1/3/2020    EUR    44.260
Vontobel Financial Produc   6.500    1/3/2020    EUR    51.020
Vontobel Financial Produc   7.500    1/3/2020    EUR    48.520
Vontobel Financial Produc  11.500    1/3/2020    EUR    56.630
Vontobel Financial Produc  14.000    1/3/2020    EUR    55.000
Vontobel Financial Produc  11.500    1/3/2020    EUR    58.780
Vontobel Financial Produc   4.500    1/3/2020    EUR    74.390
Vontobel Financial Produc   3.500    1/3/2020    EUR    72.480
Vontobel Financial Produc   5.500    1/3/2020    EUR    67.000
HSBC Trinkaus & Burkhardt  10.000   6/26/2020    EUR    69.390
HSBC Trinkaus & Burkhardt   6.500   3/27/2020    EUR    66.190
Vontobel Financial Produc   6.500  12/31/2019    EUR    49.850
Vontobel Financial Produc   7.500  12/31/2019    EUR    49.890
Vontobel Financial Produc   9.000  12/31/2019    EUR    49.940
Goldman Sachs & Co Wertpa   8.000   6/24/2020    EUR    63.450
HSBC Trinkaus & Burkhardt  13.100   3/27/2020    EUR    34.650
DZ Bank AG Deutsche Zentr  10.000  12/27/2019    EUR    75.680
DZ Bank AG Deutsche Zentr   7.500  12/27/2019    EUR    57.070
HSBC Trinkaus & Burkhardt   5.500  12/27/2019    EUR    68.480
DZ Bank AG Deutsche Zentr  10.750  12/27/2019    EUR    39.310
UBS AG/London              10.000    2/6/2020    EUR    57.250
Leonteq Securities AG/Gue  14.000   1/15/2020    USD    34.900
Vontobel Financial Produc   9.000   3/27/2020    EUR    51.200
Bank Julius Baer & Co Ltd  10.700   1/10/2020    CHF    76.050
Investtorgstroi OOO        12.000   9/20/2028    RUB    60.060
UBS AG/London              11.300    1/2/2020    EUR    61.330
UBS AG/London              21.900    1/2/2020    EUR    63.020
UBS AG/London              25.000    1/2/2020    EUR    70.140
UBS AG/London              14.300    1/2/2020    EUR    75.730
UBS AG/London              25.200    1/2/2020    EUR    60.120
UBS AG/London              13.000   3/26/2020    EUR    65.980
UBS AG/London              13.400    1/2/2020    EUR    58.200
UBS AG/London              11.090    4/8/2020    USD     4.818
DZ Bank AG Deutsche Zentr   8.400   3/23/2020    EUR    70.810
HSBC Trinkaus & Burkhardt   8.800   9/25/2020    EUR    72.770
HSBC Trinkaus & Burkhardt   8.000   9/25/2020    EUR    74.040
HSBC Trinkaus & Burkhardt  10.200   9/25/2020    EUR    56.040
HSBC Trinkaus & Burkhardt   8.100   9/25/2020    EUR    59.070
HSBC Trinkaus & Burkhardt   9.500   7/24/2020    EUR    56.710
HSBC Trinkaus & Burkhardt   9.800   6/26/2020    EUR    77.520
HSBC Trinkaus & Burkhardt   8.500   3/27/2020    EUR    57.620
HSBC Trinkaus & Burkhardt   8.400   6/26/2020    EUR    58.260
Landesbank Baden-Wuerttem   3.000  12/29/2020    EUR    54.050
Deutsche Bank AG            4.200   6/23/2020    EUR    72.400
Deutsche Bank AG            4.200   9/22/2020    EUR    72.800
Deutsche Bank AG            4.200  12/22/2020    EUR    73.200
Commerzbank AG             12.250  12/31/2019    EUR    69.940
Vontobel Financial Produc  10.000   3/27/2020    EUR    65.390
Vontobel Financial Produc  11.000  12/31/2019    EUR    67.730
DZ Bank AG Deutsche Zentr   5.750   3/25/2020    EUR    68.230
Leonteq Securities AG/Gue  10.600   1/15/2020    CHF    34.140
Vontobel Financial Produc  10.300    2/7/2020    EUR    70.150
UBS AG/London              11.500    1/2/2020    EUR    70.460
UBS AG/London              15.900    1/2/2020    EUR    63.510
UBS AG/London               8.700    1/2/2020    EUR    63.560
UBS AG/London               9.900   3/26/2020    EUR    71.860
UBS AG/London               9.400    1/2/2020    EUR    62.390
UBS AG/London              11.700    1/2/2020    EUR    75.490
UBS AG/London              20.900    1/2/2020    EUR    50.660
Raiffeisen Schweiz Genoss   6.400    4/8/2020    CHF    74.000
UBS AG/London              12.000   4/13/2020    USD    55.370
Vontobel Financial Produc   5.000   3/20/2020    EUR    69.660
Leonteq Securities AG/Gue  10.000    2/8/2021    USD    74.390
Vontobel Financial Produc  13.500   3/27/2020    EUR    75.670
Vontobel Financial Produc  15.500    1/3/2020    EUR    72.860
Vontobel Financial Produc   7.500   3/27/2020    EUR    55.880
Vontobel Financial Produc   7.500    1/3/2020    EUR    64.300
Vontobel Financial Produc  15.000   3/27/2020    EUR    57.420
Vontobel Financial Produc  10.500   3/27/2020    EUR    67.130
Vontobel Financial Produc   6.500   3/27/2020    EUR    74.360
Vontobel Financial Produc  12.500   3/27/2020    EUR    64.150
Vontobel Financial Produc   8.500   3/27/2020    EUR    70.510
Vontobel Financial Produc   6.500    1/3/2020    EUR    73.260
Vontobel Financial Produc  11.500    1/3/2020    EUR    64.890
Vontobel Financial Produc   9.000    1/3/2020    EUR    68.810
Vontobel Financial Produc   6.000   3/27/2020    EUR    58.550
Vontobel Financial Produc  14.000    1/3/2020    EUR    46.510
Vontobel Financial Produc   7.500   3/27/2020    EUR    65.900
Vontobel Financial Produc   9.000    1/3/2020    EUR    70.390
Vontobel Financial Produc   6.500   3/27/2020    EUR    74.050
Vontobel Financial Produc  13.000   3/27/2020    EUR    65.570
Vontobel Financial Produc  10.500    1/3/2020    EUR    68.270
Commerzbank AG             10.500   1/24/2020    EUR    66.750
UniCredit Bank AG          10.100   6/26/2020    EUR    71.420
UniCredit Bank AG           8.000   6/26/2020    EUR    73.170
UniCredit Bank AG          14.700   6/26/2020    EUR    68.660
UniCredit Bank AG          13.500   6/26/2020    EUR    75.840
UniCredit Bank AG           9.000   6/25/2021    EUR    73.730
UniCredit Bank AG           7.000   6/25/2021    EUR    75.440
UniCredit Bank AG           8.000   6/25/2021    EUR    74.520
UniCredit Bank AG           8.400   3/27/2020    EUR    75.490
HSBC Trinkaus & Burkhardt   0.750   4/22/2020    EUR    72.240
Vontobel Financial Produc   8.000    2/4/2020    EUR    71.810
Commerzbank AG             15.000  12/31/2019    EUR    66.170
Vontobel Financial Produc   6.500   3/27/2020    EUR    70.040
Vontobel Financial Produc  12.500   3/27/2020    EUR    57.280
Vontobel Financial Produc  14.500    1/3/2020    EUR    65.020
Vontobel Financial Produc  12.000    1/3/2020    EUR    68.940
Vontobel Financial Produc   9.000   3/27/2020    EUR    66.310
Vontobel Financial Produc   6.000   3/27/2020    EUR    72.360
Vontobel Financial Produc   8.500    1/3/2020    EUR    67.720
Vontobel Financial Produc  10.500    1/3/2020    EUR    64.440
Vontobel Financial Produc  12.500    1/3/2020    EUR    61.470
Vontobel Financial Produc   9.500    1/3/2020    EUR    73.390
Vontobel Financial Produc  10.000   3/27/2020    EUR    70.930
Vontobel Financial Produc  12.500   3/27/2020    EUR    67.680
Vontobel Financial Produc  15.000    1/3/2020    EUR    58.810
Societe Generale Effekten   7.647  12/20/2019    EUR    41.130
Societe Generale Effekten  11.986   6/19/2020    EUR    46.410
Societe Generale Effekten  14.041   6/19/2020    EUR    44.250
Societe Generale Effekten  18.572  12/20/2019    EUR    58.520
Societe Generale Effekten  19.890   3/20/2020    EUR    63.150
Societe Generale Effekten  10.925  12/20/2019    EUR    73.700
Societe Generale Effekten  16.168  12/20/2019    EUR    66.320
Societe Generale Effekten  11.799  12/20/2019    EUR    72.580
Societe Generale Effekten  21.194  12/20/2019    EUR    61.530
Societe Generale Effekten  15.295  12/20/2019    EUR    74.750
Societe Generale Effekten   7.429  12/20/2019    EUR    71.010
Societe Generale Effekten  10.269  12/20/2019    EUR    65.790
Societe Generale Effekten  14.421  12/20/2019    EUR    59.630
Societe Generale Effekten  11.766   3/20/2020    EUR    68.740
Societe Generale Effekten  15.968   3/20/2020    EUR    63.430
UBS AG/London              10.000   1/30/2020    EUR    61.350
Societe Generale Effekten   6.636  12/20/2019    EUR    71.280
Societe Generale Effekten   9.716  12/20/2019    EUR    65.340
Societe Generale Effekten  10.664  12/20/2019    EUR    64.380
Societe Generale Effekten  13.508  12/20/2019    EUR    60.580
Societe Generale Effekten  23.462  12/20/2019    EUR    51.740
Societe Generale Effekten  24.410  12/20/2019    EUR    50.980
Landesbank Baden-Wuerttem   4.500   3/26/2021    EUR    71.380
Vontobel Financial Produc  19.000   6/12/2020    EUR    75.700
Commerzbank AG              3.500  12/31/2019    EUR    66.390
Vontobel Financial Produc  21.000    1/3/2020    EUR    70.620
Vontobel Financial Produc   6.500    1/3/2020    EUR    54.550
Vontobel Financial Produc  15.500   3/27/2020    EUR    73.910
Vontobel Financial Produc  13.000   3/27/2020    EUR    61.680
Vontobel Financial Produc   9.500   3/27/2020    EUR    63.700
UBS AG/London              15.500    1/2/2020    EUR    69.930
UBS AG/London               5.900    1/2/2020    EUR    73.440
UBS AG/London              13.900    1/2/2020    EUR    61.470
UBS AG/London               9.100   6/25/2020    EUR    43.450
UBS AG/London               7.200   3/26/2020    EUR    46.790
UBS AG/London               9.700    1/2/2020    EUR    41.890
UBS AG/London              18.200    1/2/2020    EUR    68.210
UBS AG/London               9.300    1/2/2020    EUR    66.170
UBS AG/London              10.100    1/2/2020    EUR    64.900
UBS AG/London               9.100   3/26/2020    EUR    43.930
Vontobel Financial Produc  18.000    1/3/2020    EUR    70.920
Vontobel Financial Produc  24.000    1/3/2020    EUR    71.180
DZ Bank AG Deutsche Zentr   7.250   3/25/2020    EUR
DZ Bank AG Deutsche Zentr   8.250   3/25/2020    EUR    62.170
UBS AG/London              10.000   7/10/2020    EUR    74.800
UniCredit Bank AG          12.300   6/26/2020    EUR    67.440
UniCredit Bank AG           9.600  12/27/2021    EUR    73.600
UniCredit Bank AG          13.900  12/29/2020    EUR    64.730
UniCredit Bank AG          11.000  12/29/2020    EUR    70.080
Vontobel Financial Produc  10.500    1/3/2020    EUR    74.170
Vontobel Financial Produc  14.500   3/27/2020    EUR    69.470
Vontobel Financial Produc  14.500   3/27/2020    EUR    72.630
Vontobel Financial Produc  17.000   3/27/2020    EUR    69.630
Vontobel Financial Produc  16.500    1/3/2020    EUR    69.710
Vontobel Financial Produc  13.500    1/3/2020    EUR    73.890
Bank Julius Baer & Co Ltd   9.650   1/17/2020    USD    54.050
HSBC Trinkaus & Burkhardt  10.800   3/27/2020    EUR    67.270
HSBC Trinkaus & Burkhardt  10.200   6/26/2020    EUR    68.260
HSBC Trinkaus & Burkhardt   9.300   6/26/2020    EUR    69.600
HSBC Trinkaus & Burkhardt   8.200   2/28/2020    EUR    72.220
HSBC Trinkaus & Burkhardt  15.300  12/27/2019    EUR    33.970
HSBC Trinkaus & Burkhardt  13.500   3/27/2020    EUR    36.690
HSBC Trinkaus & Burkhardt  11.300   3/27/2020    EUR    38.280
HSBC Trinkaus & Burkhardt  13.000   6/26/2020    EUR    39.210
HSBC Trinkaus & Burkhardt  11.200   6/26/2020    EUR    40.410
HSBC Trinkaus & Burkhardt   9.500   2/28/2020    EUR    39.720
HSBC Trinkaus & Burkhardt   9.200  12/27/2019    EUR    64.740
HSBC Trinkaus & Burkhardt   6.900   3/27/2020    EUR    69.610
BNP Paribas Emissions- un  11.000   6/25/2020    EUR    73.380
BNP Paribas Emissions- un  15.000   3/26/2020    EUR    72.970
BNP Paribas Emissions- un   9.000   3/26/2020    EUR    66.500
BNP Paribas Emissions- un   9.000   3/26/2020    EUR    70.860
BNP Paribas Emissions- un  15.000   3/26/2020    EUR    61.830
BNP Paribas Emissions- un   9.000   6/25/2020    EUR    71.390
UBS AG/London               7.500   2/14/2020    EUR    73.100
Leonteq Securities AG/Gue   3.750   2/20/2023    CHF    63.380
Leonteq Securities AG/Gue  11.000    3/2/2020    CHF    41.370
Raiffeisen Schweiz Genoss   5.250   8/26/2020    CHF    74.700
Landesbank Hessen-Thuerin   4.000   9/22/2020    EUR    61.300
UniCredit Bank AG           4.500   3/12/2022    EUR    71.090
Raiffeisen Schweiz Genoss  10.300   2/19/2020    EUR    73.730
Landesbank Hessen-Thuerin   3.500   9/22/2020    EUR    76.700
DekaBank Deutsche Girozen   5.000   9/14/2020    EUR    75.130
DekaBank Deutsche Girozen   7.000   9/14/2020    EUR    67.310
UniCredit Bank AG           9.100    1/3/2020    EUR    54.490
UniCredit Bank AG          11.400    1/3/2020    EUR    45.830
UniCredit Bank AG           7.000    1/3/2020    EUR    64.620
UniCredit Bank AG          10.500    1/3/2020    EUR    64.830
UniCredit Bank AG          10.500    1/3/2020    EUR    74.120
UniCredit Bank AG          14.800    1/3/2020    EUR    40.740
UniCredit Bank AG           6.300    1/3/2020    EUR    57.180
UniCredit Bank AG          14.600    1/3/2020    EUR    51.770
UniCredit Bank AG          12.500    1/3/2020    EUR    21.080
UniCredit Bank AG          11.000    1/3/2020    EUR    45.510
UBS AG/London               7.500   2/21/2020    EUR    46.800
UBS AG/London               8.500   8/21/2020    EUR    57.400
EFG International Finance   6.400    3/8/2021    EUR    59.580
Leonteq Securities AG       7.400    3/2/2020    CHF    18.350
Leonteq Securities AG       7.200    3/2/2020    CHF    75.470
Leonteq Securities AG      10.000    3/2/2020    EUR    54.230
Raiffeisen Schweiz Genoss   7.400    3/2/2020    EUR    74.660
Raiffeisen Schweiz Genoss   7.000    3/2/2020    CHF    68.240
Landesbank Baden-Wuerttem   4.450  10/23/2020    EUR    73.070
DekaBank Deutsche Girozen   3.150    3/5/2021    EUR    68.740
DekaBank Deutsche Girozen   2.850    3/6/2020    EUR    74.740
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    74.620
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    65.930
Landesbank Baden-Wuerttem   7.000   2/28/2020    EUR    59.140
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    75.440
Landesbank Baden-Wuerttem   2.000   2/28/2020    EUR    66.700
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    63.210
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    57.190
Landesbank Baden-Wuerttem   2.000   2/28/2020    EUR    62.630
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    59.100
Landesbank Baden-Wuerttem   2.500   2/28/2020    EUR    56.740
Landesbank Baden-Wuerttem   3.500   2/28/2020    EUR    52.770
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    51.110
Landesbank Baden-Wuerttem   5.500   2/28/2020    EUR    47.950
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    53.260
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    48.770
Landesbank Baden-Wuerttem   6.000   2/28/2020    EUR    45.080
Landesbank Baden-Wuerttem   2.500   2/28/2020    EUR    63.270
Landesbank Baden-Wuerttem   3.500   2/28/2020    EUR    60.330
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    56.360
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    68.210
Landesbank Baden-Wuerttem   5.500   2/28/2020    EUR    62.400
Landesbank Baden-Wuerttem   7.000   2/28/2020    EUR    57.590
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    74.020
Landesbank Baden-Wuerttem   6.000   2/28/2020    EUR    68.510
Landesbank Baden-Wuerttem   2.500   2/28/2020    EUR    73.910
Landesbank Baden-Wuerttem   3.500   2/28/2020    EUR    68.370
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    65.530
Landesbank Baden-Wuerttem   2.000   2/28/2020    EUR    63.550
Landesbank Baden-Wuerttem   3.500   2/28/2020    EUR    56.860
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    51.570
Landesbank Baden-Wuerttem   2.500   2/28/2020    EUR    24.200
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    22.120
UniCredit Bank AG           4.000    3/2/2020    EUR    42.930
Goldman Sachs & Co Wertpa  14.000  12/27/2019    EUR    70.800
Goldman Sachs & Co Wertpa   6.000  12/27/2019    EUR    73.570
UBS AG/London              10.500   2/28/2020    CHF    40.550
UBS AG/London               7.500   2/28/2020    EUR    74.050
Raiffeisen Schweiz Genoss   5.750    9/9/2020    CHF    50.910
DekaBank Deutsche Girozen   3.100   3/27/2020    EUR    73.950
Leonteq Securities AG/Gue   8.200    3/2/2020    CHF    19.800
DekaBank Deutsche Girozen   2.200   5/28/2021    EUR    64.350
DekaBank Deutsche Girozen   2.900   5/29/2020    EUR    53.880
UniCredit Bank AG           8.600    1/3/2020    EUR    45.420
UniCredit Bank AG          12.700    1/3/2020    EUR    50.170
UniCredit Bank AG          14.900    1/3/2020    EUR    46.270
UniCredit Bank AG           4.400    1/3/2020    EUR    66.230
UniCredit Bank AG          10.200    1/3/2020    EUR    65.220
UniCredit Bank AG           8.100    1/3/2020    EUR    70.400
UniCredit Bank AG          11.500    1/3/2020    EUR    65.590
UniCredit Bank AG          12.200    1/3/2020    EUR    71.750
UniCredit Bank AG           8.900    1/3/2020    EUR    58.410
UniCredit Bank AG           5.800    1/3/2020    EUR    18.770
UniCredit Bank AG           4.900    1/3/2020    EUR    56.680
UniCredit Bank AG          14.700    1/3/2020    EUR    72.730
UniCredit Bank AG          13.900    1/3/2020    EUR    40.410
UniCredit Bank AG           5.100    1/3/2020    EUR    75.840
UniCredit Bank AG          14.200    1/3/2020    EUR    50.480
UniCredit Bank AG          11.200    1/3/2020    EUR    39.520
UniCredit Bank AG           8.300    1/3/2020    EUR    70.710
UniCredit Bank AG          14.800    1/3/2020    EUR    57.540
Leonteq Securities AG/Gue   7.500    2/6/2020    CHF    64.250
Leonteq Securities AG       3.800   2/15/2021    CHF    31.570
Credit Suisse AG/Nassau     5.500   2/17/2020    CHF    70.640
UBS AG/London               6.000   1/31/2020    CHF    60.850
UBS AG/London               5.250   1/31/2020    CHF    39.200
UBS AG/London               6.500   7/31/2020    CHF    69.950
UBS AG/London               6.750   7/31/2020    CHF    70.500
UBS AG/London               5.500   1/31/2020    EUR    66.400
UBS AG/London               7.500   7/31/2020    EUR    43.200
UBS AG/London               6.000   1/31/2020    EUR    72.600
UBS AG/London               6.500   1/31/2020    USD    50.100
EFG International Finance   7.800   2/15/2021    EUR    68.330
Raiffeisen Schweiz Genoss   5.250    2/9/2021    CHF    47.170
Raiffeisen Schweiz Genoss   7.000   2/12/2020    CHF    68.020
Vontobel Financial Produc   6.100   1/30/2020    EUR    70.680
DekaBank Deutsche Girozen   3.500   8/21/2020    EUR    73.330
Corner Banca SA             7.600    2/2/2021    CHF    66.680
DekaBank Deutsche Girozen   2.050  12/11/2020    EUR    61.050
DekaBank Deutsche Girozen   2.750  12/11/2020    EUR    53.280
DekaBank Deutsche Girozen   3.000   2/14/2020    EUR    67.880
DekaBank Deutsche Girozen   4.250   8/21/2020    EUR    70.390
DekaBank Deutsche Girozen   6.550   8/21/2020    EUR    64.720
Landesbank Hessen-Thuerin   3.500    3/9/2022    EUR    66.650
Landesbank Baden-Wuerttem   3.500  11/27/2020    EUR    74.210
Landesbank Baden-Wuerttem   2.600  11/27/2020    EUR    55.890
DekaBank Deutsche Girozen   2.050   2/14/2020    EUR    57.460
UBS AG/London               6.250    2/7/2020    CHF    40.200
UBS AG/London               6.500    2/7/2020    CHF    61.700
UBS AG/London               8.250    2/7/2020    EUR    58.550
UBS AG/London               5.000    2/7/2020    CHF    75.450
UBS AG/London               8.000    2/7/2020    CHF    48.200
Raiffeisen Centrobank AG    5.286  12/27/2019    EUR    73.780
Raiffeisen Centrobank AG    5.815  12/27/2019    EUR    66.480
Raiffeisen Centrobank AG    6.344  12/27/2019    EUR    74.000
EFG International Finance   7.200   2/22/2021    CHF    27.720
Barclays Bank PLC           3.500   8/17/2020    USD    69.770
Raiffeisen Schweiz Genoss   6.900   2/19/2020    EUR    73.520
Raiffeisen Schweiz Genoss   7.200   2/19/2020    CHF    71.610
Leonteq Securities AG/Gue   2.300    2/8/2023    CHF    59.240
UniCredit Bank AG           6.400    3/5/2021    EUR    54.150
UniCredit Bank AG           5.350    3/5/2021    EUR    65.790
DekaBank Deutsche Girozen   3.700    3/6/2020    EUR    54.910
Landesbank Hessen-Thuerin   5.550   3/16/2023    EUR    64.820
UBS AG/London               6.500   2/14/2020    USD    56.450
DZ Bank AG Deutsche Zentr   4.750   6/24/2020    EUR
DZ Bank AG Deutsche Zentr   8.250   6/24/2020    EUR
DZ Bank AG Deutsche Zentr   4.500   9/23/2020    EUR
DZ Bank AG Deutsche Zentr   6.500   9/23/2020    EUR
DZ Bank AG Deutsche Zentr   4.750   3/25/2020    EUR
UniCredit Bank AG          10.100   6/25/2021    EUR    73.220
UniCredit Bank AG           8.600  12/24/2021    EUR    74.660
UniCredit Bank AG          13.600   3/27/2020    EUR    70.420
UniCredit Bank AG          10.800   3/27/2020    EUR    72.760
UniCredit Bank AG           7.700  12/24/2021    EUR    74.940
Commerzbank AG             21.500   1/24/2020    EUR    71.440
Commerzbank AG             11.500   6/26/2020    EUR    74.010
DekaBank Deutsche Girozen   3.700   10/2/2020    EUR    66.870
Leonteq Securities AG      10.200  12/27/2019    CHF    66.730
Leonteq Securities AG/Gue  10.600  12/27/2019    EUR    71.330
Raiffeisen Schweiz Genoss   8.500  12/27/2019    CHF    66.360
Credit Suisse AG/London     7.500  12/30/2019    CHF    70.150
UniCredit Bank AG           4.200   7/26/2022    EUR    67.860
Vontobel Financial Produc   4.450  12/31/2019    EUR    74.080
UniCredit Bank AG           8.900  12/29/2020    EUR    57.800
UniCredit Bank AG           7.900  12/29/2020    EUR    72.110
UniCredit Bank AG           6.800  12/29/2020    EUR    58.800
UniCredit Bank AG           7.400  12/29/2020    EUR    57.880
UniCredit Bank AG           6.700  12/29/2020    EUR    72.140
UniCredit Bank AG           9.100  12/29/2020    EUR    54.170
UniCredit Bank AG           8.300  12/29/2020    EUR    67.290
UniCredit Bank AG           6.000  12/29/2020    EUR    58.960
UniCredit Bank AG           8.400  12/29/2020    EUR    53.500
UniCredit Bank AG           9.200  12/29/2020    EUR    52.580
UniCredit Bank AG           6.700  12/29/2020    EUR    53.950
UniCredit Bank AG           8.500  12/29/2020    EUR    57.130
UniCredit Bank AG          10.100  12/29/2020    EUR    54.490
UniCredit Bank AG           6.800  12/29/2020    EUR    56.730
UniCredit Bank AG           7.400  12/29/2020    EUR    55.070
UniCredit Bank AG           6.100  12/29/2020    EUR    58.910
UniCredit Bank AG           6.800  12/29/2020    EUR    57.480
UniCredit Bank AG           6.600  12/29/2020    EUR    62.380
UniCredit Bank AG           9.300  12/29/2020    EUR    58.310
UniCredit Bank AG           9.400  12/29/2020    EUR    68.750
UniCredit Bank AG           7.200  12/29/2020    EUR    72.300
UniCredit Bank AG          14.800  12/29/2020    EUR    32.240
UniCredit Bank AG           6.500  12/29/2020    EUR    57.850
UniCredit Bank AG          12.200  12/29/2020    EUR    34.440
UniCredit Bank AG           9.300  12/29/2020    EUR    53.360
UniCredit Bank AG           6.900  12/29/2020    EUR    68.270
UniCredit Bank AG          10.600  12/29/2020    EUR    68.240
UniCredit Bank AG          11.200  12/29/2020    EUR    67.070
UniCredit Bank AG           6.200  12/29/2020    EUR    70.190
UniCredit Bank AG           8.300  12/29/2020    EUR    71.130
UniCredit Bank AG          10.100  12/29/2020    EUR    56.380
UniCredit Bank AG          10.700  12/29/2020    EUR    68.990
UniCredit Bank AG           9.200  12/29/2020    EUR    72.420
UniCredit Bank AG           7.300  12/29/2020    EUR    74.370
UniCredit Bank AG           8.200  12/29/2020    EUR    68.560
UniCredit Bank AG           7.900  12/29/2020    EUR    54.970
UniCredit Bank AG           8.900  12/29/2020    EUR    52.750
UniCredit Bank AG           7.500  12/29/2020    EUR    70.100
UniCredit Bank AG           8.400  12/29/2020    EUR    74.430
UniCredit Bank AG           9.500  12/29/2020    EUR    71.980
UniCredit Bank AG           6.600  12/29/2020    EUR    60.130
UniCredit Bank AG           6.500  12/29/2020    EUR    64.470
UniCredit Bank AG           7.200  12/29/2020    EUR    28.180
UniCredit Bank AG           8.100  12/29/2020    EUR    57.650
UniCredit Bank AG           7.300  12/29/2020    EUR    62.930
UniCredit Bank AG           8.700  12/29/2020    EUR    73.390
UniCredit Bank AG           6.500  12/29/2020    EUR    28.270
UniCredit Bank AG          10.700  12/29/2020    EUR    59.950
UniCredit Bank AG           9.100  12/29/2020    EUR    62.910
UniCredit Bank AG           7.000  12/29/2020    EUR    60.360
UniCredit Bank AG          10.900  12/29/2020    EUR    64.190
UniCredit Bank AG           9.700  12/29/2020    EUR    66.470
UniCredit Bank AG          12.000  12/29/2020    EUR    60.760
UniCredit Bank AG           8.300  12/29/2020    EUR    58.310
UniCredit Bank AG           7.200  12/29/2020    EUR    70.960
UniCredit Bank AG           9.000  12/29/2020    EUR    57.780
UniCredit Bank AG           7.900  12/29/2020    EUR    59.570
UniCredit Bank AG           5.700    1/3/2020    EUR    61.360
UniCredit Bank AG           6.100    1/3/2020    EUR    74.550
UniCredit Bank AG          13.800    1/3/2020    EUR    23.700
UBS AG/London              11.000    9/7/2020    EUR    70.600
UBS AG/London               9.000    9/7/2020    EUR    72.300
Vontobel Financial Produc   7.500   3/27/2020    EUR    66.160
Vontobel Financial Produc  12.000    1/3/2020    EUR    57.250
Vontobel Financial Produc   9.000   3/27/2020    EUR    62.800
Vontobel Financial Produc  11.000    1/3/2020    EUR    71.100
Vontobel Financial Produc  13.000    1/3/2020    EUR    66.910
Vontobel Financial Produc  12.500   3/27/2020    EUR    75.730
HSBC Trinkaus & Burkhardt   7.000  12/27/2019    EUR    71.260
HSBC Trinkaus & Burkhardt   5.400   6/26/2020    EUR    56.220
HSBC Trinkaus & Burkhardt   7.300  12/27/2019    EUR    70.600
HSBC Trinkaus & Burkhardt   7.400  12/27/2019    EUR    62.420
UBS AG/London              13.000   1/21/2020    USD    74.450
UBS AG/London               9.000   7/20/2020    CHF    65.850
UBS AG/London               6.000   7/20/2020    CHF    63.000
UBS AG/London               6.500   7/20/2020    EUR    57.350
Natixis SA                  3.450   7/26/2021    RUB    80.899
Leonteq Securities AG/Gue   6.200   7/27/2021    CHF    63.490
UniCredit Bank AG           4.000   8/24/2021    EUR    69.350
Leonteq Securities AG      10.000    8/3/2020    CHF    32.020
Raiffeisen Schweiz Genoss   7.500   7/27/2020    CHF    61.910
Raiffeisen Schweiz Genoss   6.500   1/30/2020    CHF    61.120
Credit Suisse AG/Nassau     7.250   7/30/2020    EUR    75.930
Landesbank Baden-Wuerttem   4.150  10/22/2021    EUR    71.820
Leonteq Securities AG/Gue  10.000   7/27/2020    CHF    62.850
Leonteq Securities AG       7.200    2/2/2021    EUR    64.480
Raiffeisen Centrobank AG    8.687  12/27/2019    EUR    61.480
Raiffeisen Centrobank AG    7.992  12/27/2019    EUR    66.850
Raiffeisen Centrobank AG    6.255  12/27/2019    EUR    67.050
Raiffeisen Centrobank AG    6.950  12/27/2019    EUR    61.490
Deutsche Bank AG            4.200  12/27/2019    EUR    72.580
DekaBank Deutsche Girozen   4.000   8/21/2020    EUR    66.330
BNP Paribas Emissions- un   3.000  12/30/2019    EUR    73.850
Landesbank Baden-Wuerttem   2.300   8/27/2021    EUR    64.040
Deutsche Bank AG            4.200  12/24/2019    EUR    73.400
Deutsche Bank AG            4.200  12/24/2019    EUR    70.200
Deutsche Bank AG            4.200  12/24/2019    EUR    68.800
Deutsche Bank AG            4.200  12/24/2019    EUR    66.890
Deutsche Bank AG            4.200  12/24/2019    EUR    65.090
Deutsche Bank AG            4.200  12/24/2019    EUR    63.370
Deutsche Bank AG            4.200  12/24/2019    EUR    61.750
Deutsche Bank AG            4.200  12/24/2019    EUR    64.600
Deutsche Bank AG            4.200  12/24/2019    EUR    71.010
Deutsche Bank AG            9.000  12/24/2019    EUR
Deutsche Bank AG            9.000  12/24/2019    EUR    53.430
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            9.000  12/24/2019    EUR    68.700
Deutsche Bank AG            9.000  12/24/2019    EUR    66.200
Deutsche Bank AG            9.000  12/24/2019    EUR    60.350
Deutsche Bank AG            9.000  12/24/2019    EUR    58.700
Deutsche Bank AG            9.000  12/24/2019    EUR    68.990
Deutsche Bank AG            4.200  12/24/2019    EUR    68.000
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            4.200  12/24/2019    EUR    70.600
Leonteq Securities AG/Gue   5.600    8/6/2020    CHF    74.670
Raiffeisen Schweiz Genoss   6.300    2/3/2020    CHF    64.990
Raiffeisen Schweiz Genoss   5.800    8/3/2020    EUR    54.190
UBS AG/London               8.000   7/20/2020    CHF    62.400
UBS AG/London               9.000   7/20/2020    CHF    71.200
UBS AG/London              10.000   7/20/2020    EUR    68.650
UBS AG/London               9.750   7/20/2020    EUR    67.050
UBS AG/London               8.000   7/20/2020    EUR    56.900
Credit Suisse AG/Nassau     5.000    2/6/2020    CHF    60.690
DekaBank Deutsche Girozen   8.150   2/26/2021    EUR    66.730
Leonteq Securities AG/Gue  10.000    2/6/2020    CHF    74.190
Landesbank Hessen-Thuerin   2.750   8/31/2020    EUR    70.000
Leonteq Securities AG       6.200    8/6/2020    CHF    62.790
Leonteq Securities AG       7.000    8/3/2020    EUR    74.100
Goldman Sachs & Co Wertpa  14.000  12/27/2019    EUR    71.200
Goldman Sachs & Co Wertpa  16.000  12/27/2019    EUR    68.580
Goldman Sachs & Co Wertpa  14.000   3/25/2020    EUR    69.950
Goldman Sachs & Co Wertpa  13.000   6/24/2020    EUR    70.580
Goldman Sachs & Co Wertpa  12.000   6/24/2020    EUR    72.220
Goldman Sachs & Co Wertpa  10.000  12/27/2019    EUR    75.000
Goldman Sachs & Co Wertpa  14.000  12/27/2019    EUR    69.320
Goldman Sachs & Co Wertpa  12.000   3/25/2020    EUR    71.920
Leonteq Securities AG       7.800   1/30/2020    CHF    54.290
HSBC Trinkaus & Burkhardt   2.700  12/27/2019    EUR    65.390
HSBC Trinkaus & Burkhardt   3.300  12/27/2019    EUR    70.290
HSBC Trinkaus & Burkhardt   5.300  12/27/2019    EUR    57.870
Landesbank Hessen-Thuerin   1.950    9/3/2021    EUR    56.660
Goldman Sachs & Co Wertpa   9.000  12/27/2019    EUR    66.260
Goldman Sachs & Co Wertpa  15.000  12/27/2019    EUR    50.230
Goldman Sachs & Co Wertpa   4.000   3/25/2020    EUR    71.490
Goldman Sachs & Co Wertpa  13.000   3/25/2020    EUR    53.440
Goldman Sachs & Co Wertpa   5.000   6/24/2020    EUR    67.440
Goldman Sachs & Co Wertpa   7.000   6/24/2020    EUR    62.050
Goldman Sachs & Co Wertpa  10.000   6/24/2020    EUR    58.330
Goldman Sachs & Co Wertpa   5.000   3/25/2020    EUR    71.780
Goldman Sachs & Co Wertpa   8.000   3/25/2020    EUR    64.890
Goldman Sachs & Co Wertpa  15.000   3/25/2020    EUR    55.460
Goldman Sachs & Co Wertpa   6.000   6/24/2020    EUR    69.260
Goldman Sachs & Co Wertpa   3.000  12/27/2019    EUR    74.570
Goldman Sachs & Co Wertpa   5.000  12/27/2019    EUR    66.440
UniCredit Bank AG           5.000   9/14/2021    EUR    68.030
Societe Generale Effekten  15.533   6/19/2020    EUR    61.060
DekaBank Deutsche Girozen   5.500   2/26/2021    EUR    73.970
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    27.520
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    54.170
BNP Paribas Emissions- un   7.500  12/30/2019    EUR    64.910
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    60.140
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    62.020
BNP Paribas Emissions- un  14.000  12/30/2019    EUR    58.680
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    64.480
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    66.240
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    53.840
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    59.650
BNP Paribas Emissions- un   7.500  12/30/2019    EUR    58.030
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    50.300
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    74.010
SG Issuer SA                3.000    9/2/2021    EUR    63.680
Raiffeisen Centrobank AG    9.511  12/27/2019    EUR    71.770
Raiffeisen Centrobank AG   12.681  12/27/2019    EUR    73.470
Raiffeisen Centrobank AG   14.442  12/27/2019    EUR    73.440
Raiffeisen Centrobank AG   11.272  12/27/2019    EUR    74.260
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    67.450
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    72.170
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    72.540
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    65.900
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    60.760
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    71.460
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    56.430
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    53.590
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    31.730
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    27.320
Landesbank Baden-Wuerttem   5.500   1/24/2020    EUR    66.910
UBS AG/London               6.500   2/24/2020    CHF    53.400
Landesbank Baden-Wuerttem   5.500   2/28/2020    EUR    57.520
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    68.420
UBS AG/London              10.000   8/24/2020    CHF    69.550
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    73.840
UBS AG/London               7.500   8/24/2020    CHF    64.200
UBS AG/London              11.000   8/24/2020    CHF    70.850
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    60.500
Raiffeisen Schweiz Genoss   7.200   2/24/2020    CHF    65.930
Vontobel Financial Produc   9.000  12/31/2019    EUR    54.480
Vontobel Financial Produc   7.000  12/31/2019    EUR    66.220
DZ Bank AG Deutsche Zentr   5.100  12/31/2019    EUR    29.710
UniCredit Bank AG           3.800   8/30/2023    EUR    67.770
Raiffeisen Schweiz Genoss   7.200   3/10/2020    CHF    68.490
Raiffeisen Schweiz Genoss   7.100   3/10/2020    CHF    68.620
Landesbank Hessen-Thuerin   5.200    1/8/2024    EUR    70.700
Raiffeisen Centrobank AG    5.500   10/9/2020    EUR    61.330
HSBC Trinkaus & Burkhardt   2.900  12/27/2019    EUR    75.920
HSBC Trinkaus & Burkhardt   8.700  12/27/2019    EUR    61.890
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    70.030
UBS AG/London              10.000    9/7/2020    CHF    43.500
Raiffeisen Centrobank AG    8.342   3/24/2020    EUR    72.250
UBS AG/London               8.700    1/2/2020    EUR    67.500
UBS AG/London               6.300    1/2/2020    EUR    73.460
UBS AG/London               7.600    1/2/2020    EUR    73.720
UBS AG/London               6.900    1/2/2020    EUR    75.310
UBS AG/London               6.600    1/2/2020    EUR    70.300
UBS AG/London               3.000    1/2/2020    EUR    72.510
UBS AG/London               6.500    1/2/2020    EUR    71.850
UBS AG/London               6.700   3/26/2020    EUR    75.050
UBS AG/London               4.200   6/25/2020    EUR    65.600
Leonteq Securities AG       9.000  12/17/2019    CHF    73.450
Credit Suisse AG/Nassau     7.000  12/17/2019    CHF    70.160
Societe Generale Effekten  12.545    1/2/2020    EUR    69.370
Societe Generale Effekten  13.866    1/2/2020    EUR    68.120
Societe Generale Effekten  15.847    1/2/2020    EUR    67.220
Societe Generale Effekten   4.622    1/2/2020    EUR    72.100
Societe Generale Effekten   9.244    1/2/2020    EUR    62.020
Societe Generale Effekten  10.564    1/2/2020    EUR    76.410
Societe Generale Effekten   4.622    1/2/2020    EUR    73.400
Societe Generale Effekten   7.923    1/2/2020    EUR    65.450
DekaBank Deutsche Girozen   3.150   10/2/2020    EUR    68.430
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    70.060
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    72.800
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    74.070
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    69.820
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    58.890
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    65.730
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    64.090
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    66.040
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    71.170
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    63.860
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    63.770
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    61.930
BNP Paribas Emissions- un  13.000  12/30/2019    EUR    60.010
Societe Generale Effekten   5.745  12/20/2019    EUR    68.510
Societe Generale Effekten   7.341  12/20/2019    EUR    64.510
Societe Generale Effekten   9.140   3/20/2020    EUR    67.470
Societe Generale Effekten  11.121   9/18/2020    EUR    69.420
Societe Generale Effekten  16.597  12/20/2019    EUR    55.460
Societe Generale Effekten  15.959  12/20/2019    EUR    66.490
Societe Generale Effekten  11.171  12/20/2019    EUR    74.800
Societe Generale Effekten  12.129  12/20/2019    EUR    73.510
Societe Generale Effekten  14.363  12/20/2019    EUR    70.510
Societe Generale Effekten  16.278  12/20/2019    EUR    67.470
Societe Generale Effekten   9.256  12/20/2019    EUR    33.890
Societe Generale Effekten   9.901   3/20/2020    EUR    36.350
Credit Suisse AG/London    10.500   3/23/2020    USD    69.120
Leonteq Securities AG      10.000   3/17/2020    CHF    62.870
DZ Bank AG Deutsche Zentr  10.250  12/27/2019    EUR    62.060
DZ Bank AG Deutsche Zentr   7.000  12/27/2019    EUR    74.010
DZ Bank AG Deutsche Zentr   6.750  12/27/2019    EUR    74.380
DZ Bank AG Deutsche Zentr   7.500  12/27/2019    EUR    74.630
Leonteq Securities AG/Gue  10.200   3/18/2020    CHF    58.270
Leonteq Securities AG/Gue  10.000  12/20/2019    CHF    59.930
Vontobel Financial Produc   4.250  12/30/2019    EUR    55.780
UBS AG/London              11.000   3/12/2020    USD    64.300
UBS AG/London              11.000   3/12/2020    CHF    61.600
UniCredit Bank AG           5.550   10/5/2021    EUR    66.770
UBS AG/London              11.000   3/12/2020    CHF    62.450
UBS AG/London              12.000   3/12/2020    EUR    48.550
Leonteq Securities AG/Gue   9.000  12/27/2019    CHF    74.270
Leonteq Securities AG/Gue  10.200  12/20/2019    CHF    66.550
Raiffeisen Centrobank AG    6.197  12/27/2019    EUR    55.550
Landesbank Hessen-Thuerin   6.000   8/25/2023    EUR    58.480
Deutsche Bank AG            3.200  12/24/2019    EUR    62.600
Deutsche Bank AG            3.200  12/24/2019    EUR    61.200
Deutsche Bank AG            3.200  12/24/2019    EUR    61.000
Deutsche Bank AG            3.200  12/24/2019    EUR    58.000
Deutsche Bank AG            3.200  12/24/2019    EUR    57.300
Deutsche Bank AG            3.200  12/24/2019    EUR    64.500
Raiffeisen Switzerland BV   7.800   4/27/2020    EUR    74.990
UniCredit Bank AG           3.700   5/18/2022    CHF    64.420
Landesbank Hessen-Thuerin   3.450    9/9/2020    EUR    71.500
EFG International Finance   8.000    3/9/2020    USD    42.910
Commerzbank AG             10.000    3/2/2020    EUR    26.680
Landesbank Hessen-Thuerin   3.100   10/6/2020    EUR    70.600
DZ Bank AG Deutsche Zentr   6.000   7/22/2020    EUR    72.920
DZ Bank AG Deutsche Zentr  12.000   6/24/2020    EUR    72.410
DZ Bank AG Deutsche Zentr  10.000  12/27/2019    EUR    72.780
Vontobel Financial Produc   6.000    1/3/2020    EUR    67.440
Vontobel Financial Produc   9.000    1/3/2020    EUR    61.810
Vontobel Financial Produc   4.000    1/3/2020    EUR    69.150
Vontobel Financial Produc   5.500    1/3/2020    EUR    65.380
Vontobel Financial Produc  12.000    1/3/2020    EUR    53.810
Vontobel Financial Produc   8.500    1/3/2020    EUR    58.990
Vontobel Financial Produc   7.000    1/3/2020    EUR    72.770
Vontobel Financial Produc   9.500    1/3/2020    EUR    68.960
Vontobel Financial Produc   8.500    1/3/2020    EUR    70.830
Vontobel Financial Produc   7.000    1/3/2020    EUR    72.190
Vontobel Financial Produc  10.000    1/3/2020    EUR    65.120
Vontobel Financial Produc  16.000    1/3/2020    EUR    55.670
DekaBank Deutsche Girozen   3.800  11/13/2020    EUR    72.860
UBS AG/London               9.330    4/9/2020    USD     5.865
Societe Generale Effekten  17.003   9/18/2020    EUR    71.490
Societe Generale Effekten  25.504   9/18/2020    EUR    68.490
DZ Bank AG Deutsche Zentr   8.250   3/23/2020    EUR    68.590
UniCredit Bank AG           6.000   2/22/2022    EUR    69.790
Vontobel Financial Produc  10.500   3/27/2020    EUR    69.630
Vontobel Financial Produc   8.500    1/3/2020    EUR    72.700
Vontobel Financial Produc   9.000    1/3/2020    EUR    53.950
Vontobel Financial Produc  10.500    1/3/2020    EUR    51.200
Vontobel Financial Produc  11.000   3/27/2020    EUR    51.520
Vontobel Financial Produc   9.500   3/27/2020    EUR    53.640
Vontobel Financial Produc  12.500    1/3/2020    EUR    48.740
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    43.420
Bank Julius Baer & Co Ltd  12.050    5/4/2020    USD    75.400
Bank Julius Baer & Co Ltd  15.500    5/4/2020    USD    72.400
Vontobel Financial Produc  11.500    1/3/2020    EUR    63.850
Vontobel Financial Produc  10.500   3/27/2020    EUR    65.840
Vontobel Financial Produc  11.500   3/27/2020    EUR    64.310
Vontobel Financial Produc  13.000    1/3/2020    EUR    62.050
Vontobel Financial Produc   9.500    1/3/2020    EUR    61.340
Vontobel Financial Produc  11.500    1/3/2020    EUR    58.660
Vontobel Financial Produc  10.500   3/27/2020    EUR    60.990
Commerzbank AG             13.750  12/31/2019    EUR    58.680
Commerzbank AG             10.250  12/31/2019    EUR    68.680
Commerzbank AG             12.250  12/31/2019    EUR    64.830
Vontobel Financial Produc   9.500   2/28/2020    EUR    53.600
Vontobel Financial Produc  14.500    1/3/2020    EUR    60.360
Vontobel Financial Produc  12.500   3/27/2020    EUR    62.870
Vontobel Financial Produc  13.500   3/27/2020    EUR    61.520
Vontobel Financial Produc  16.000    1/3/2020    EUR    58.760
Societe Generale Effekten   8.740  12/20/2019    EUR    61.640
Societe Generale Effekten  12.017  12/20/2019    EUR    57.460
Societe Generale Effekten  20.320  12/20/2019    EUR    49.780
Societe Generale Effekten  21.194  12/20/2019    EUR    49.060
Societe Generale Effekten  22.068  12/20/2019    EUR    48.370
Societe Generale Effekten   6.443   3/20/2020    EUR    70.690
Societe Generale Effekten   9.805   3/20/2020    EUR    65.200
Societe Generale Effekten  13.447   3/20/2020    EUR    75.400
Leonteq Securities AG/Gue  13.000    8/4/2020    CHF    44.140
Societe Generale Effekten  26.656  12/20/2019    EUR    59.180
Societe Generale Effekten  24.652   3/20/2020    EUR    73.930
Societe Generale Effekten  29.695   3/20/2020    EUR    69.000
Societe Generale Effekten   5.899  12/20/2019    EUR    44.420
Societe Generale Effekten   9.832  12/20/2019    EUR    38.320
Societe Generale Effekten  12.017  12/20/2019    EUR    35.900
Societe Generale Effekten   8.684   3/20/2020    EUR    44.060
Societe Generale Effekten  10.925   3/20/2020    EUR    41.650
Societe Generale Effekten   7.866  12/20/2019    EUR    73.410
Societe Generale Effekten  10.269  12/20/2019    EUR    69.040
Societe Generale Effekten  12.891  12/20/2019    EUR    65.110
Societe Generale Effekten  15.732  12/20/2019    EUR    61.630
Societe Generale Effekten  24.471  12/20/2019    EUR    53.210
Societe Generale Effekten  11.766   3/20/2020    EUR    72.090
Societe Generale Effekten  24.471  12/20/2019    EUR    71.880
Societe Generale Effekten   6.773  12/20/2019    EUR    72.960
Vontobel Financial Produc   7.500   3/27/2020    EUR    59.440
Raiffeisen Schweiz Genoss   9.500   4/22/2020    CHF    66.940
DZ Bank AG Deutsche Zentr   9.250  12/27/2019    EUR    67.360
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    70.870
BNP Paribas Emissions- un  18.000  12/30/2019    EUR    56.850
UniCredit Bank AG          14.000  12/29/2020    EUR    36.770
UniCredit Bank AG          12.800  12/29/2020    EUR    37.200
UniCredit Bank AG           8.600    1/3/2020    EUR    35.060
UniCredit Bank AG          16.200   6/26/2020    EUR    68.160
UniCredit Bank AG           7.500  12/24/2021    EUR    74.770
UniCredit Bank AG          10.200  12/28/2020    EUR    72.700
UniCredit Bank AG          10.100   6/25/2021    EUR    72.830
UniCredit Bank AG          19.300   3/27/2020    EUR    66.290
UniCredit Bank AG          10.500   6/26/2020    EUR    72.210
UniCredit Bank AG          13.300   6/26/2020    EUR    69.980
UniCredit Bank AG          19.700   3/27/2020    EUR    72.510
DekaBank Deutsche Girozen   2.700   5/29/2020    EUR    54.080
DekaBank Deutsche Girozen   3.100   5/28/2021    EUR    70.260
Landesbank Baden-Wuerttem   2.750   5/31/2021    EUR    58.550
Deutsche Bank AG            6.200  12/24/2019    EUR    53.600
Deutsche Bank AG            6.200  12/24/2019    EUR    51.200
Deutsche Bank AG            6.200  12/24/2019    EUR    58.600
Deutsche Bank AG            6.200  12/24/2019    EUR    56.400
Deutsche Bank AG            6.200  12/24/2019    EUR    58.730
Deutsche Bank AG            6.200  12/24/2019    EUR    56.290
Deutsche Bank AG            6.200  12/24/2019    EUR    51.190
Deutsche Bank AG            6.200  12/24/2019    EUR    65.030
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    61.020
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    57.220
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    72.130
Landesbank Baden-Wuerttem   3.500   4/24/2020    EUR    65.250
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    58.950
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    72.170
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    69.070
Landesbank Baden-Wuerttem   6.000   4/24/2020    EUR    63.370
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    72.800
Landesbank Baden-Wuerttem   3.500   4/24/2020    EUR    65.860
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    61.080
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    60.040
Landesbank Baden-Wuerttem   3.000   4/24/2020    EUR    57.130
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    51.910
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    49.880
Landesbank Baden-Wuerttem   2.500   4/24/2020    EUR    26.270
Landesbank Baden-Wuerttem   4.500   4/24/2020    EUR    23.790
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    63.110
Landesbank Baden-Wuerttem   3.000   4/24/2020    EUR    60.310
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    57.680
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    68.660
Landesbank Baden-Wuerttem   3.500   4/24/2020    EUR    60.900
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    60.970
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    54.740
Landesbank Baden-Wuerttem   2.500   5/22/2020    EUR    66.680
Landesbank Baden-Wuerttem   4.000   5/22/2020    EUR    60.180
Landesbank Baden-Wuerttem   5.500   5/22/2020    EUR    55.020
Landesbank Baden-Wuerttem   5.000   5/22/2020    EUR    72.460
Landesbank Baden-Wuerttem   2.500   4/24/2020    EUR    56.910
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    51.830
Landesbank Baden-Wuerttem   4.000   4/24/2020    EUR    68.890
Landesbank Baden-Wuerttem   5.500   4/24/2020    EUR    64.180
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    66.930
Landesbank Baden-Wuerttem   3.000   4/24/2020    EUR    63.800
Landesbank Baden-Wuerttem   2.000   4/24/2020    EUR    74.490
Landesbank Baden-Wuerttem   3.500   4/24/2020    EUR    65.140
UBS AG/London               4.800    1/2/2020    EUR    67.860
UBS AG/London               3.300    1/2/2020    EUR    65.950
UBS AG/London               5.100   3/26/2020    EUR    57.290
UBS AG/London              13.000    5/4/2020    CHF    54.650
UBS AG/London              10.500   11/3/2020    CHF    72.000
EFG International Finance   7.000  11/17/2020    CHF    62.890
DekaBank Deutsche Girozen   5.950   12/4/2020    EUR    57.530
Raiffeisen Schweiz Genoss   5.200  11/11/2020    CHF    62.530
Raiffeisen Schweiz Genoss   3.400   5/14/2020    CHF    60.290
Corner Banca SA             8.200   5/14/2020    CHF    20.640
Landesbank Hessen-Thuerin   4.000    6/8/2022    EUR    65.290
Landesbank Hessen-Thuerin   4.000    6/8/2022    EUR    62.600
HSBC Trinkaus & Burkhardt   6.600  12/27/2019    EUR    21.540
HSBC Trinkaus & Burkhardt   5.000  12/27/2019    EUR    21.490
HSBC Trinkaus & Burkhardt   3.200  12/27/2019    EUR    21.440
HSBC Trinkaus & Burkhardt   4.600  12/27/2019    EUR    49.810
Landesbank Baden-Wuerttem   4.500   6/26/2020    EUR    66.570
Landesbank Baden-Wuerttem   4.850   6/26/2020    EUR    68.310
Landesbank Baden-Wuerttem   5.000   6/26/2020    EUR    52.570
Landesbank Baden-Wuerttem   5.250   6/26/2020    EUR    72.200
UBS AG/London              10.500   4/20/2020    EUR    56.150
UBS AG/London               6.250   4/20/2020    CHF    48.200
Corner Banca SA             8.000   5/25/2021    CHF    66.820
UniCredit Bank AG           5.000   6/11/2021    EUR    64.340
Citigroup Global Markets    7.200   5/24/2023    SEK    41.800
Raiffeisen Schweiz Genoss   5.750   5/18/2020    CHF    60.060
Raiffeisen Schweiz Genoss   6.500   5/18/2020    CHF    20.390
Raiffeisen Schweiz Genoss   5.300  11/23/2020    CHF    61.220
Bank Julius Baer & Co Ltd   6.000   5/11/2020    CHF    69.950
Landesbank Hessen-Thuerin   4.000   6/22/2022    EUR    61.070
Leonteq Securities AG/Gue   5.500   5/25/2021    CHF    63.900
Landesbank Hessen-Thuerin   3.500  12/18/2019    EUR    56.700
Leonteq Securities AG       7.800   5/14/2021    CHF    29.130
Leonteq Securities AG       6.800   5/11/2021    EUR    74.690
DekaBank Deutsche Girozen   3.500   8/14/2020    EUR    74.660
UniCredit Bank AG           8.300  12/29/2020    EUR    71.470
UniCredit Bank AG           7.700  12/29/2020    EUR    73.220
UniCredit Bank AG           8.100  12/29/2020    EUR    63.590
UniCredit Bank AG          12.100    1/3/2020    EUR    22.250
UniCredit Bank AG           6.200  12/29/2020    EUR    69.470
UniCredit Bank AG           8.200  12/29/2020    EUR    71.890
UniCredit Bank AG           6.200  12/29/2020    EUR    75.890
UniCredit Bank AG           7.400  12/29/2020    EUR    73.410
UniCredit Bank AG           8.800  12/29/2020    EUR    69.980
UniCredit Bank AG          11.800    1/3/2020    EUR    54.550
UniCredit Bank AG           8.000    1/3/2020    EUR    73.610
UniCredit Bank AG          10.200    1/3/2020    EUR    67.440
UniCredit Bank AG           5.400    1/3/2020    EUR     1.010
UniCredit Bank AG           7.400    1/3/2020    EUR    49.230
UniCredit Bank AG          11.400    1/3/2020    EUR    41.180
UniCredit Bank AG           8.200    1/3/2020    EUR    73.520
UniCredit Bank AG           7.000  12/29/2020    EUR    72.850
UniCredit Bank AG           8.400  12/29/2020    EUR    75.960
UniCredit Bank AG           8.500  12/29/2020    EUR    55.300
UniCredit Bank AG           6.100  12/29/2020    EUR    56.820
UniCredit Bank AG           9.800  12/29/2020    EUR    53.040
UniCredit Bank AG           7.200  12/29/2020    EUR    67.710
UniCredit Bank AG           6.800  12/29/2020    EUR    55.440
UniCredit Bank AG           9.400  12/29/2020    EUR    68.970
UniCredit Bank AG           6.300  12/29/2020    EUR    65.190
UniCredit Bank AG           7.300  12/29/2020    EUR    62.470
UniCredit Bank AG           9.800  12/29/2020    EUR    61.760
UniCredit Bank AG           8.700  12/29/2020    EUR    74.340
UniCredit Bank AG           9.300  12/29/2020    EUR    69.480
UniCredit Bank AG           8.700  12/29/2020    EUR    71.050
UniCredit Bank AG           8.100  12/29/2020    EUR    72.000
UniCredit Bank AG           7.600  12/29/2020    EUR    46.030
UniCredit Bank AG           6.700  12/29/2020    EUR    47.600
UniCredit Bank AG           6.600  12/29/2020    EUR    60.230
UniCredit Bank AG           6.900  12/29/2020    EUR    74.470
UniCredit Bank AG          11.800  12/29/2020    EUR    61.450
UniCredit Bank AG           8.700  12/29/2020    EUR     9.860
UniCredit Bank AG           9.800  12/29/2020    EUR    74.620
UniCredit Bank AG           8.800  12/29/2020    EUR    62.290
UniCredit Bank AG           9.500  12/29/2020    EUR    60.940
UniCredit Bank AG          11.000  12/29/2020    EUR    71.570
UniCredit Bank AG           8.400  12/29/2020    EUR    57.470
UniCredit Bank AG          11.500  12/29/2020    EUR    70.500
UniCredit Bank AG           8.100  12/29/2020    EUR    70.770
UniCredit Bank AG           9.200  12/29/2020    EUR    68.320
UniCredit Bank AG          10.000  12/29/2020    EUR    47.550
UniCredit Bank AG           9.300  12/29/2020    EUR    48.130
UniCredit Bank AG           8.100  12/29/2020    EUR    59.600
UniCredit Bank AG           6.600  12/29/2020    EUR    62.400
UniCredit Bank AG           8.400  12/29/2020    EUR    27.310
UniCredit Bank AG           8.900  12/29/2020    EUR    27.220
UniCredit Bank AG           9.200  12/29/2020    EUR    72.110
UniCredit Bank AG           7.300  12/29/2020    EUR    62.560
UniCredit Bank AG          10.500  12/29/2020    EUR    69.250
UniCredit Bank AG           6.600  12/29/2020    EUR    63.840
UniCredit Bank AG           6.600  12/29/2020    EUR    58.720
UniCredit Bank AG           8.300  12/29/2020    EUR    55.250
UniCredit Bank AG           9.300  12/29/2020    EUR    53.070
UniCredit Bank AG          10.500  12/29/2020    EUR    48.260
UniCredit Bank AG           7.000  12/29/2020    EUR    51.540
UniCredit Bank AG           8.400  12/29/2020    EUR    54.510
UniCredit Bank AG           9.400  12/29/2020    EUR    72.850
UniCredit Bank AG           7.600  12/29/2020    EUR    49.450
UniCredit Bank AG           9.200  12/29/2020    EUR    49.960
UniCredit Bank AG           8.000  12/29/2020    EUR    50.150
UniCredit Bank AG           8.500  12/29/2020    EUR    55.390
UniCredit Bank AG           6.400  12/29/2020    EUR    59.980
UniCredit Bank AG           7.500  12/29/2020    EUR    70.080
UniCredit Bank AG          12.000  12/29/2020    EUR    30.990
UniCredit Bank AG           9.400  12/29/2020    EUR    74.600
UniCredit Bank AG           8.300  12/29/2020    EUR    68.320
UniCredit Bank AG          13.900  12/29/2020    EUR    29.910
UniCredit Bank AG           7.800  12/29/2020    EUR    71.440
UniCredit Bank AG           8.700  12/29/2020    EUR    47.440
UniCredit Bank AG          10.600  12/29/2020    EUR    69.780
UniCredit Bank AG           8.400  12/29/2020    EUR    55.860
UniCredit Bank AG          10.800  12/29/2020    EUR    65.700
UniCredit Bank AG           8.000  12/29/2020    EUR    70.080
UniCredit Bank AG           8.100  12/29/2020    EUR    61.470
UniCredit Bank AG           9.200  12/29/2020    EUR    54.390
UniCredit Bank AG           6.100  12/29/2020    EUR    74.520
UniCredit Bank AG           8.900  12/29/2020    EUR    60.010
Landesbank Hessen-Thuerin   4.000   7/20/2022    EUR    70.880
Raiffeisen Centrobank AG    5.300   7/21/2020    EUR    61.870
DekaBank Deutsche Girozen   3.000   1/18/2021    EUR    65.260
UBS AG/London              11.000  12/20/2019    CHF    46.900
Corner Banca SA            11.200    1/3/2020    CHF    55.220
Credit Suisse AG/Nassau     7.200    7/5/2021    CHF    67.840
UniCredit Bank AG           5.000   7/26/2021    EUR    73.820
UniCredit Bank AG           6.400   7/23/2021    EUR    74.120
DekaBank Deutsche Girozen   2.000   7/30/2021    EUR    66.940
Landesbank Baden-Wuerttem   3.000   2/26/2021    EUR    74.270
UBS AG/London              11.250  12/20/2019    EUR    54.950
DekaBank Deutsche Girozen   2.100    1/5/2021    EUR    67.890
Landesbank Hessen-Thuerin   2.600   7/29/2020    EUR    69.300
UniCredit Bank AG           3.500    1/5/2021    EUR    50.600
UniCredit Bank AG           3.500    1/5/2021    EUR    47.750
UniCredit Bank AG           3.500    1/5/2021    EUR    71.000
UniCredit Bank AG           4.000    1/5/2021    EUR    57.350
DekaBank Deutsche Girozen   4.550   7/31/2020    EUR    68.290
DekaBank Deutsche Girozen   6.050   7/31/2020    EUR    59.700
DekaBank Deutsche Girozen   2.250   1/22/2021    EUR    74.080
Landesbank Baden-Wuerttem   3.000   2/25/2022    EUR    59.630
Landesbank Baden-Wuerttem   2.600   9/25/2020    EUR    61.580
Raiffeisen Centrobank AG    5.200    2/3/2020    EUR    72.630
Societe Generale SA         8.000  12/24/2020    USD    66.260
UBS AG/London               6.000  12/30/2019    CHF    69.750
UBS AG/London               5.250  12/30/2019    CHF    74.750
UBS AG/London               7.500  12/30/2019    EUR    53.600
DekaBank Deutsche Girozen   3.250   1/24/2020    EUR    52.060
Leonteq Securities AG/Gue   7.600    1/9/2020    CHF    71.270
Leonteq Securities AG/Gue  10.000    1/3/2020    CHF    43.730
Raiffeisen Schweiz Genoss   6.900  12/30/2019    EUR    58.810
Leonteq Securities AG/Gue   5.200   6/12/2020    CHF    59.810
UBS AG/London               7.000    1/6/2020    CHF    67.900
BNP Paribas Emissions- un   3.000  12/30/2019    EUR    63.510
BNP Paribas Emissions- un   6.000  12/30/2019    EUR    63.600
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    50.020
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    65.100
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    63.430
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    55.850
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    55.650
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    48.290
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    72.500
Landesbank Baden-Wuerttem   2.000   1/24/2020    EUR    64.040
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    54.390
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    20.490
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    55.470
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    50.490
Landesbank Baden-Wuerttem   2.000   1/24/2020    EUR    66.340
UniCredit Bank AG           5.000    1/3/2020    EUR    57.960
UniCredit Bank AG          12.900    1/3/2020    EUR    25.190
UniCredit Bank AG           6.400    1/3/2020    EUR    68.890
UBS AG/London              11.000  12/27/2019    USD    65.270
UBS AG/London               6.000  12/27/2019    EUR    73.200
UBS AG/London              10.000  12/27/2019    CHF    50.600
UBS AG/London               9.500  12/27/2019    CHF    55.400
UBS AG/London               7.000   6/22/2020    CHF    73.900
UBS AG/London               6.000   6/29/2020    CHF    53.100
UBS AG/London               6.250   6/29/2020    CHF    61.500
UBS AG/London               7.500   6/29/2020    EUR    58.500
UBS AG/London               8.000  12/27/2019    CHF    71.250
UBS AG/London               6.000  12/28/2020    CHF    62.100
Zurcher Kantonalbank Fina   6.500    7/3/2020    CHF    38.370
Bank Julius Baer & Co Ltd  13.600    1/3/2020    CHF    53.350
HSBC Trinkaus & Burkhardt   5.400  12/27/2019    EUR    56.190
HSBC Trinkaus & Burkhardt   3.200  12/27/2019    EUR    62.750
HSBC Trinkaus & Burkhardt   5.200  12/27/2019    EUR    58.940
HSBC Trinkaus & Burkhardt   2.500  12/27/2019    EUR    67.250
HSBC Trinkaus & Burkhardt   3.500  12/27/2019    EUR    63.100
Landesbank Hessen-Thuerin   3.500    8/3/2022    EUR    59.770
Leonteq Securities AG/Gue  10.000    1/9/2020    CHF    64.740
Landesbank Hessen-Thuerin   3.500    8/3/2022    EUR    73.990
Raiffeisen Schweiz Genoss   6.200    1/6/2020    CHF    59.500
Raiffeisen Schweiz Genoss   5.200    1/6/2021    CHF    63.850
Raiffeisen Schweiz Genoss   5.000    7/6/2020    CHF    76.480
Landesbank Hessen-Thuerin   5.750    8/3/2023    EUR    70.220
Leonteq Securities AG/Gue  10.000   1/13/2020    CHF    65.450
UniCredit Bank AG           5.200    5/4/2020    USD    38.520
DekaBank Deutsche Girozen   2.800   3/13/2020    EUR    77.220
Raiffeisen Schweiz Genoss   5.000    4/3/2020    CHF    36.730
DekaBank Deutsche Girozen   2.800   4/24/2020    EUR    74.140
Vontobel Financial Produc   5.500   3/20/2020    EUR    64.730
DekaBank Deutsche Girozen   2.750  10/23/2020    EUR    76.960
Leonteq Securities AG/Gue   7.200   9/28/2020    EUR    69.280
DekaBank Deutsche Girozen   4.250    5/3/2022    EUR    63.050
UBS AG/London               9.000   4/14/2020    CHF    67.950
UBS AG/London               7.000   4/14/2020    CHF    75.500
DekaBank Deutsche Girozen   4.250   11/9/2020    EUR    72.320
DekaBank Deutsche Girozen   6.200   11/9/2020    EUR    69.450
EFG International Finance   5.600   4/26/2021    CHF    66.110
UBS AG/London               6.250   6/21/2021    CHF    62.950
UBS AG/London              10.000  12/20/2019    EUR    61.800
Landesbank Hessen-Thuerin   5.650   7/20/2023    EUR    70.760
Raiffeisen Schweiz Genoss   5.700  12/29/2020    EUR    73.340
UBS AG/London              12.000    3/5/2020    CHF    55.250
HSBC Trinkaus & Burkhardt   5.300  12/27/2019    EUR    64.640
HSBC Trinkaus & Burkhardt   2.600  12/27/2019    EUR    73.160
HSBC Trinkaus & Burkhardt   6.200  12/27/2019    EUR    70.030
UBS AG/London              11.000    3/6/2020    USD    73.300
UBS AG/London              11.000    3/5/2020    CHF    60.550
UBS AG/London              10.000    9/7/2020    EUR    73.050
Leonteq Securities AG/Gue   6.000   9/17/2020    CHF    60.660
Leonteq Securities AG/Gue   8.000   3/17/2020    CHF    69.490
Raiffeisen Centrobank AG   10.286   3/24/2020    EUR    66.640
Raiffeisen Centrobank AG   10.929   3/24/2020    EUR    65.520
Raiffeisen Centrobank AG    9.643   3/24/2020    EUR    67.950
UBS AG/London              10.100    1/2/2020    EUR    68.000
UBS AG/London               8.300    1/2/2020    EUR    68.910
UBS AG/London               9.200    1/2/2020    EUR    70.760
Leonteq Securities AG      13.000  12/17/2019    CHF    67.690
Raiffeisen Schweiz Genoss   8.500   3/17/2020    CHF    73.580
Societe Generale Effekten  17.167    1/2/2020    EUR    61.890
Societe Generale Effekten  18.488    1/2/2020    EUR    62.150
Societe Generale Effekten  13.205    1/2/2020    EUR    70.930
Societe Generale Effekten  15.186    1/2/2020    EUR    54.550
Societe Generale Effekten   9.244    1/2/2020    EUR    74.100
Societe Generale Effekten  15.186    1/2/2020    EUR    66.950
Societe Generale Effekten  11.885    1/2/2020    EUR    73.410
Societe Generale Effekten  11.885    1/2/2020    EUR    59.060
Societe Generale Effekten  16.507    1/2/2020    EUR    54.010
Landesbank Baden-Wuerttem   4.650   2/28/2020    EUR    59.380
EFG International Finance   6.200    5/3/2021    CHF    66.700
Raiffeisen Schweiz Genoss   6.600   4/27/2020    EUR    75.140
Raiffeisen Centrobank AG    8.852  12/27/2019    EUR    74.420
Raiffeisen Centrobank AG    7.731  12/27/2019    EUR    74.230
Deutsche Bank AG            3.200  12/24/2019    EUR    56.200
Deutsche Bank AG            3.200  12/24/2019    EUR    63.340
Deutsche Bank AG            3.200  12/24/2019    EUR    62.700
Deutsche Bank AG            3.200  12/24/2019    EUR    61.000
Deutsche Bank AG            3.200  12/24/2019    EUR    68.810
Deutsche Bank AG            3.200  12/24/2019    EUR
Deutsche Bank AG            3.200  12/24/2019    EUR    73.400
Deutsche Bank AG            3.200  12/24/2019    EUR    70.350
Deutsche Bank AG            3.200  12/24/2019    EUR    67.530
Deutsche Bank AG            3.200  12/24/2019    EUR    65.290
Vontobel Financial Produc  21.000   6/26/2020    EUR    59.120
UniCredit Bank AG           6.200   6/26/2020    EUR    75.270
UniCredit Bank AG          12.300   6/26/2020    EUR    69.900
Vontobel Financial Produc  17.000   9/25/2020    EUR    68.130
Commerzbank AG             12.750   3/27/2020    EUR    66.770
Aragon OOO                 11.750   3/16/2029    RUB   101.200
Leonteq Securities AG/Gue  13.400    1/3/2020    EUR    62.070
DekaBank Deutsche Girozen   2.200    5/8/2020    EUR    54.380
DekaBank Deutsche Girozen   3.300    5/8/2020    EUR    71.560
UniCredit Bank AG           4.900  11/14/2021    EUR    63.020
Landesbank Hessen-Thuerin   5.500   5/25/2023    EUR    67.420
Deutsche Bank AG            3.200  12/24/2019    EUR    66.860
Deutsche Bank AG            3.200  12/24/2019    EUR    60.180
Deutsche Bank AG            3.200  12/24/2019    EUR    57.310
Deutsche Bank AG            3.200  12/24/2019    EUR    66.100
Deutsche Bank AG            3.200  12/24/2019    EUR    58.500
Deutsche Bank AG            3.200  12/24/2019    EUR    61.300
Deutsche Bank AG            3.200  12/24/2019    EUR
Deutsche Bank AG            3.200  12/24/2019    EUR    52.200
Deutsche Bank AG            3.200  12/24/2019    EUR    54.300
Deutsche Bank AG            3.200  12/24/2019    EUR
Deutsche Bank AG            3.200  12/24/2019    EUR    61.850
Deutsche Bank AG            3.200  12/24/2019    EUR    58.770
Deutsche Bank AG            3.200  12/24/2019    EUR    55.960
Landesbank Baden-Wuerttem   3.750   1/24/2020    EUR    60.990
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    62.730
Landesbank Hessen-Thuerin   5.900   8/25/2023    EUR    47.320
UBS AG/London               8.000   4/27/2020    EUR    59.150
Raiffeisen Schweiz Genoss   5.500    5/4/2020    CHF    61.290
Raiffeisen Schweiz Genoss   5.300    5/4/2020    EUR    74.470
Raiffeisen Schweiz Genoss   4.700   11/4/2020    CHF    61.930
UniCredit Bank AG           6.350   5/14/2021    EUR    57.620
Raiffeisen Schweiz Genoss   6.250   4/27/2020    CHF    62.300
Raiffeisen Schweiz Genoss   7.250   4/27/2020    CHF    73.190
Raiffeisen Centrobank AG    9.325  12/27/2019    EUR    60.950
Raiffeisen Centrobank AG    6.197  12/27/2019    EUR    67.040
Leonteq Securities AG/Gue   8.000  10/27/2020    CHF    66.730
HSBC Trinkaus & Burkhardt   3.900  12/27/2019    EUR    41.370
DekaBank Deutsche Girozen   8.100   4/23/2021    EUR    73.910
Landesbank Baden-Wuerttem   3.000   3/26/2021    EUR    59.840
Landesbank Baden-Wuerttem   5.500   3/26/2021    EUR    54.780
Vontobel Financial Produc  14.000    1/3/2020    EUR    54.180
Vontobel Financial Produc  10.000    1/3/2020    EUR    60.700
Vontobel Financial Produc  10.500   3/27/2020    EUR    59.810
Vontobel Financial Produc   8.500    1/3/2020    EUR    64.660
Vontobel Financial Produc  14.500   3/27/2020    EUR    64.710
Vontobel Financial Produc   6.500    1/3/2020    EUR    71.370
Vontobel Financial Produc  16.000   3/27/2020    EUR    73.400
Vontobel Financial Produc   4.500   3/27/2020    EUR    66.460
UniCredit Bank AG           6.000   1/18/2021    EUR    54.760
DekaBank Deutsche Girozen   5.000   7/31/2020    EUR    48.000
Landesbank Baden-Wuerttem   3.800   2/26/2021    EUR    46.120
UBS AG/London               8.500   6/22/2020    EUR    54.950
Leonteq Securities AG/Gue   7.200    1/4/2021    CHF    75.320
Leonteq Securities AG/Gue   8.400    1/3/2020    CHF    68.430
Leonteq Securities AG/Gue   8.000   1/12/2021    EUR    73.530
UniCredit Bank AG           3.450   9/14/2022    EUR    73.880
BNP Paribas Emissions- un  13.000  12/30/2019    EUR    52.370
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    73.760
Landesbank Baden-Wuerttem   2.000   2/28/2020    EUR    62.910
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    56.890
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    54.480
BNP Paribas Emissions- un   6.000  12/30/2019    EUR    56.430
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    60.100
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    48.580
Landesbank Baden-Wuerttem   2.000   1/24/2020    EUR    73.010
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    56.480
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    55.910
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    70.690
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    58.800
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    52.590
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    51.990
Landesbank Baden-Wuerttem   4.500   1/24/2020    EUR    71.260
UBS AG/London               9.000    1/6/2020    USD    50.050
UBS AG/London               5.750    1/6/2020    CHF    74.300
UBS AG/London               7.750    1/6/2020    EUR    70.650
Landesbank Baden-Wuerttem   3.500   6/26/2020    EUR    75.820
UBS AG/London              11.000   9/21/2020    CHF    71.550
Vontobel Financial Produc   5.500   4/15/2020    EUR    75.080
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    72.010
Landesbank Baden-Wuerttem   3.000   9/25/2020    EUR    74.900
Landesbank Baden-Wuerttem   5.000   9/25/2020    EUR    70.510
Landesbank Baden-Wuerttem   7.000   9/25/2020    EUR    67.320
Landesbank Baden-Wuerttem   7.000   9/25/2020    EUR    72.030
Raiffeisen Schweiz Genoss   9.400  12/27/2019    CHF    50.430
UniCredit Bank AG           4.100   2/13/2023    EUR    70.360
Leonteq Securities AG/Gue  10.000    1/3/2020    USD    60.140
UBS AG/London               8.000   6/15/2020    EUR    61.250
UBS AG/London               8.500   6/15/2020    CHF    69.400
Leonteq Securities AG/Gue   7.000  12/27/2019    CHF    69.480
Leonteq Securities AG/Gue   8.000  12/27/2019    EUR    42.650
EFG International Finance   7.200  12/29/2020    EUR    61.390
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    65.280
Corner Banca SA             7.600   6/16/2020    CHF    61.670
DekaBank Deutsche Girozen   3.000   6/21/2021    EUR    38.290
Leonteq Securities AG/Gue   8.000    1/3/2020    CHF    75.740
Vontobel Financial Produc   4.600   4/15/2020    EUR    57.920
EFG International Finance   9.800   9/21/2021    EUR    59.830
UniCredit Bank AG           5.500  10/26/2021    EUR    73.110
Leonteq Securities AG/Gue   9.000   1/12/2021    USD    49.220
Landesbank Hessen-Thuerin   4.000    7/7/2021    EUR    71.060
UBS AG/London               6.250    1/6/2020    CHF    50.000
UBS AG/London              12.000    1/6/2020    CHF    52.400
Landesbank Hessen-Thuerin   4.000   1/26/2022    EUR    61.880
BNP Paribas Emissions- un   4.000  12/30/2019    EUR    59.980
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    60.070
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    52.190
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    45.470
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    73.390
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    60.630
Landesbank Baden-Wuerttem   3.500   1/24/2020    EUR    51.740
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    74.920
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    67.980
Landesbank Baden-Wuerttem   2.500   1/24/2020    EUR    22.040
Landesbank Baden-Wuerttem   2.000   1/24/2020    EUR    59.870
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    48.400
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    52.970
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    46.310
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    61.340
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    57.080
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    56.410
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    62.950
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    69.700
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    74.900
UBS AG/London               5.750    7/6/2020    EUR    61.700
Credit Suisse AG/Nassau     7.000  12/27/2019    CHF    71.570
Corner Banca SA             8.600   6/16/2020    CHF    69.290
DekaBank Deutsche Girozen   3.500   1/24/2020    EUR    44.070
Landesbank Hessen-Thuerin   4.000   1/13/2021    EUR    45.000
UBS AG/London               7.500   9/21/2020    USD    57.770
UBS AG/London              10.000   9/21/2020    EUR    67.800
UBS AG/London              11.000   9/21/2020    CHF    71.500
Citigroup Global Markets    7.000   6/16/2022    SEK    66.240
Bayerische Landesbank       3.100  10/23/2020    EUR    73.220
UBS AG/London              11.000   1/10/2020    EUR    48.450
Vontobel Financial Produc   4.000    1/3/2020    EUR    71.840
Vontobel Financial Produc  11.000    1/3/2020    EUR    58.570
Vontobel Financial Produc   7.000    1/3/2020    EUR    62.010
Vontobel Financial Produc  10.000    1/3/2020    EUR    56.260
Vontobel Financial Produc   6.000    1/3/2020    EUR    73.740
Vontobel Financial Produc   6.000    1/3/2020    EUR    74.860
Landesbank Baden-Wuerttem   4.350   7/24/2020    EUR    45.410
Vontobel Financial Produc   6.500    1/3/2020    EUR    73.600
Vontobel Financial Produc   8.000    1/3/2020    EUR    69.080
Vontobel Financial Produc  12.000    1/3/2020    EUR    61.610
Vontobel Financial Produc  14.000    1/3/2020    EUR    58.480
Vontobel Financial Produc   9.500    1/3/2020    EUR    71.450
Vontobel Financial Produc  11.500    1/3/2020    EUR    67.980
Societe Generale Effekten  27.705   6/19/2020    EUR    70.460
UniCredit Bank AG           4.450  10/30/2020    EUR    72.920
Societe Generale Effekten  19.641   9/18/2020    EUR    70.070
Societe Generale Effekten  21.263  12/20/2019    EUR    68.860
Leonteq Securities AG/Gue  11.000   1/15/2020    CHF    29.840
Leonteq Securities AG/Gue  11.000    1/9/2020    CHF    66.870
Vontobel Financial Produc  16.000    1/3/2020    EUR    62.040
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    73.570
BNP Paribas Emissions- un  15.000  12/30/2019    EUR    58.420
BNP Paribas Emissions- un  13.000  12/30/2019    EUR    60.260
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    68.960
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    61.410
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    61.470
BNP Paribas Emissions- un  14.000  12/30/2019    EUR    53.700
Vontobel Financial Produc  20.500   6/26/2020    EUR    70.980
Vontobel Financial Produc  11.500    1/3/2020    EUR    69.390
Vontobel Financial Produc  15.000    1/3/2020    EUR    65.490
Vontobel Financial Produc  10.500    1/3/2020    EUR    70.810
Vontobel Financial Produc  11.500    1/3/2020    EUR    65.650
Vontobel Financial Produc  13.000    1/3/2020    EUR    63.800
Vontobel Financial Produc  14.500    1/3/2020    EUR    62.060
Vontobel Financial Produc   8.000    1/3/2020    EUR    72.020
Leonteq Securities AG/Gue  14.200   1/15/2020    USD    30.540
Vontobel Financial Produc  14.000    1/3/2020    EUR    64.880
BNP Paribas Emissions- un  16.000  12/30/2019    EUR    55.700
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    67.920
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    68.930
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    64.950
Vontobel Financial Produc  17.000   6/26/2020    EUR    73.330
UBS AG/London              11.000   4/17/2020    CHF    40.400
DekaBank Deutsche Girozen   2.550  11/13/2020    EUR    71.510
Vontobel Financial Produc   8.000    1/3/2020    EUR    75.500
Vontobel Financial Produc   9.000    1/3/2020    EUR    69.750
Vontobel Financial Produc  16.000    1/3/2020    EUR    60.410
BNP Paribas Emissions- un  19.000   3/26/2020    EUR    69.510
Vontobel Financial Produc  17.500   9/25/2020    EUR    73.210
Vontobel Financial Produc  18.500   6/26/2020    EUR    71.970
Vontobel Financial Produc  12.500    1/3/2020    EUR    68.030
Vontobel Financial Produc  13.500    1/3/2020    EUR    65.620
Vontobel Financial Produc  14.500    1/3/2020    EUR    64.040
Vontobel Financial Produc  12.000    1/3/2020    EUR    67.270
Vontobel Financial Produc  10.500    1/3/2020    EUR    67.640
Vontobel Financial Produc  17.000    1/3/2020    EUR    58.840
Vontobel Financial Produc  13.500    1/3/2020    EUR    66.720
Vontobel Financial Produc   6.500    1/3/2020    EUR    74.420
Vontobel Financial Produc   4.000    1/3/2020    EUR    73.470
BNP Paribas Emissions- un  28.000  12/30/2019    EUR    66.290
UBS AG/London              12.600   6/25/2020    EUR    69.770
Landesbank Hessen-Thuerin   2.850  11/30/2020    EUR    70.800
Deutsche Bank AG            4.200  12/24/2019    EUR    62.700
Deutsche Bank AG            4.200  12/24/2019    EUR    61.000
Deutsche Bank AG            4.200  12/24/2019    EUR    58.600
Deutsche Bank AG            4.200  12/24/2019    EUR    56.300
Deutsche Bank AG            4.200  12/24/2019    EUR    54.900
Deutsche Bank AG            6.200  12/24/2019    EUR    55.000
Deutsche Bank AG            4.200  12/24/2019    EUR    53.600
Deutsche Bank AG            6.200  12/24/2019    EUR    53.600
Deutsche Bank AG            8.200  12/24/2019    EUR    58.700
Deutsche Bank AG            8.200  12/24/2019    EUR    56.400
Deutsche Bank AG            8.200  12/24/2019    EUR    55.000
Deutsche Bank AG            8.200  12/24/2019    EUR    52.500
Leonteq Securities AG/Gue   5.000  10/20/2020    CHF    65.300
Vontobel Financial Produc   7.500   5/14/2020    EUR    61.520
UniCredit Bank AG           6.850   5/14/2021    EUR    69.710
Landesbank Baden-Wuerttem   4.550   2/28/2020    EUR    67.770
Landesbank Baden-Wuerttem   6.500   2/28/2020    EUR    47.560
UBS AG/London               7.000   4/20/2020    CHF    66.000
Vontobel Financial Produc   8.300  12/18/2019    EUR    52.730
UniCredit Bank AG           4.500   1/18/2022    EUR    73.580
UBS AG/London              11.000   9/28/2020    EUR    73.950
UBS AG/London              12.000   3/26/2020    EUR    48.600
UBS AG/London              10.000   9/28/2020    EUR    60.550
Deutsche Bank AG            6.200  12/24/2019    EUR    35.900
UBS AG/London               8.400   3/26/2020    EUR    65.450
UBS AG/London              21.600    1/2/2020    EUR    58.840
HSBC Trinkaus & Burkhardt   8.500  12/27/2019    EUR    71.490
HSBC Trinkaus & Burkhardt   8.800  12/27/2019    EUR    62.130
HSBC Trinkaus & Burkhardt   4.700  12/27/2019    EUR    71.370
HSBC Trinkaus & Burkhardt   7.200  12/27/2019    EUR    69.050
HSBC Trinkaus & Burkhardt   9.700  12/27/2019    EUR    32.590
HSBC Trinkaus & Burkhardt   6.200  12/27/2019    EUR    67.460
HSBC Trinkaus & Burkhardt   3.700  12/27/2019    EUR    74.350
UBS AG/London               5.500   3/26/2020    EUR    71.300
Bank Julius Baer & Co Ltd  10.800   6/12/2020    CHF    73.050
Raiffeisen Switzerland BV   9.500   3/11/2020    EUR    56.870
DZ Bank AG Deutsche Zentr   6.500   3/25/2020    EUR
Societe Generale Effekten  13.204   3/20/2020    EUR    52.810
Societe Generale Effekten  25.249  12/20/2019    EUR    50.940
Societe Generale Effekten  11.910   3/20/2020    EUR    68.320
Societe Generale Effekten  20.195   3/20/2020    EUR    60.720
Societe Generale Effekten  14.134   6/19/2020    EUR    69.540
Societe Generale Effekten  22.486   6/19/2020    EUR    63.390
Commerzbank AG             17.000   5/22/2020    EUR    71.540
Societe Generale Effekten   7.767   3/20/2020    EUR    70.020
Societe Generale Effekten   9.838   3/20/2020    EUR    66.550
Societe Generale Effekten   8.673   6/19/2020    EUR    72.130
Societe Generale Effekten   7.890  12/20/2019    EUR    74.760
Societe Generale Effekten   9.468  12/20/2019    EUR    69.900
Societe Generale Effekten  11.564   6/19/2020    EUR    74.290
Societe Generale Effekten  19.159   3/20/2020    EUR    74.390
Societe Generale Effekten   6.312  12/20/2019    EUR    58.870
Societe Generale Effekten   9.074  12/20/2019    EUR    53.170
Societe Generale Effekten  12.230  12/20/2019    EUR    48.520
Societe Generale Effekten   4.660   3/20/2020    EUR    68.790
Societe Generale Effekten   7.249   3/20/2020    EUR    62.100
Societe Generale Effekten  10.097   3/20/2020    EUR    56.890
Societe Generale Effekten  12.849   6/19/2020    EUR    59.190
Leonteq Securities AG/Gue   7.500   3/11/2021    CHF    68.750
DZ Bank AG Deutsche Zentr   5.000   7/22/2020    EUR    68.460
Deutsche Bank AG            8.200   9/22/2020    EUR    64.700
DZ Bank AG Deutsche Zentr   9.000   6/24/2020    EUR
Vontobel Financial Produc  18.000    1/3/2020    EUR    74.110
Zurcher Kantonalbank Fina   7.500   3/13/2020    EUR    72.620
Societe Generale Effekten  22.525   3/20/2020    EUR    56.190
Societe Generale Effekten  23.301   3/20/2020    EUR    55.630
Societe Generale Effekten  18.632   6/19/2020    EUR    71.910
Deutsche Bank AG            8.200  12/24/2019    EUR    74.600
Raiffeisen Centrobank AG   10.995   6/23/2020    EUR    68.300
HSBC Trinkaus & Burkhardt   9.500   3/27/2020    EUR    67.690
UBS AG/London               8.300   3/26/2020    EUR    66.680
UBS AG/London               5.100   3/26/2020    EUR    72.670
HSBC Trinkaus & Burkhardt   5.100   3/27/2020    EUR    69.640
HSBC Trinkaus & Burkhardt   9.000  12/27/2019    EUR    73.360
UBS AG/London              17.600    1/2/2020    EUR    61.810
Vontobel Financial Produc   9.250    4/3/2020    EUR    74.340
Corner Banca SA            12.000    1/3/2020    CHF    70.580
Bank Julius Baer & Co Ltd   7.000   3/23/2020    CHF    74.150
Landesbank Baden-Wuerttem   3.200   7/24/2020    EUR    61.820
Leonteq Securities AG/Gue   6.000   6/23/2020    CHF    61.250
UniCredit Bank AG           3.600   7/18/2021    EUR    53.340
Luzerner Kantonalbank AG   10.000    4/8/2020    CHF    58.150
DZ Bank AG Deutsche Zentr   8.750  12/27/2019    EUR    62.130
Leonteq Securities AG/Gue   8.000  12/27/2019    CHF    71.680
Deutsche Bank AG            4.200  12/24/2019    EUR    73.500
Deutsche Bank AG            4.200  12/24/2019    EUR    73.800
Deutsche Bank AG            4.200  12/24/2019    EUR    72.200
Deutsche Bank AG            4.200  12/24/2019    EUR    65.320
Deutsche Bank AG            4.200  12/24/2019    EUR    73.200
Deutsche Bank AG            4.200  12/24/2019    EUR    70.800
Vontobel Financial Produc   8.000  12/31/2019    EUR    68.420
HSBC Trinkaus & Burkhardt   4.170   3/27/2020    EUR    71.780
Deutsche Bank AG            6.200  12/24/2019    EUR    68.700
Deutsche Bank AG            6.200  12/24/2019    EUR    58.300
Deutsche Bank AG            6.200  12/24/2019    EUR    72.300
HSBC Trinkaus & Burkhardt  13.200  12/27/2019    EUR    58.590
HSBC Trinkaus & Burkhardt   7.800   3/27/2020    EUR    73.540
UBS AG/London              13.000   3/26/2020    EUR    63.360
HSBC Trinkaus & Burkhardt   9.000  12/27/2019    EUR    60.970
HSBC Trinkaus & Burkhardt   4.600  12/27/2019    EUR    70.860
HSBC Trinkaus & Burkhardt  10.500  12/27/2019    EUR    64.460
HSBC Trinkaus & Burkhardt   9.000  12/27/2019    EUR    67.470
HSBC Trinkaus & Burkhardt   6.300  12/27/2019    EUR    74.470
HSBC Trinkaus & Burkhardt   5.400   3/27/2020    EUR    70.190
HSBC Trinkaus & Burkhardt   3.600   3/27/2020    EUR    75.890
HSBC Trinkaus & Burkhardt   8.900  12/27/2019    EUR    65.060
HSBC Trinkaus & Burkhardt   5.600  12/27/2019    EUR    73.600
HSBC Trinkaus & Burkhardt  11.600  12/27/2019    EUR    31.000
HSBC Trinkaus & Burkhardt   6.200  12/27/2019    EUR    36.960
Leonteq Securities AG/Gue  12.000    1/3/2020    CHF    69.170
Deutsche Bank AG            4.200  12/24/2019    EUR    68.950
Deutsche Bank AG            4.200  12/24/2019    EUR    61.890
Deutsche Bank AG            4.200  12/24/2019    EUR    67.600
Vontobel Financial Produc   7.000  12/31/2019    EUR    68.390
Deutsche Bank AG            6.200  12/24/2019    EUR    72.300
Deutsche Bank AG            6.200  12/24/2019    EUR    73.560
Luzerner Kantonalbank AG    6.000    4/8/2020    CHF    74.380
Leonteq Securities AG      13.000    1/3/2020    CHF    69.680
Erste Group Bank AG         6.000   4/29/2020    EUR    74.900
Deutsche Bank AG            4.200  12/24/2019    EUR    72.500
Deutsche Bank AG            4.200  12/24/2019    EUR    66.700
Natixis SA                  1.500   10/4/2021    EUR    68.296
Deutsche Bank AG            6.200  12/24/2019    EUR    58.900
UBS AG/London              15.200   3/26/2020    EUR    77.470
HSBC Trinkaus & Burkhardt   9.400  12/27/2019    EUR    75.970
Societe Generale Effekten  16.052   3/20/2020    EUR    71.060
Societe Generale Effekten   4.142  12/20/2019    EUR    66.030
Societe Generale Effekten  14.192   9/18/2020    EUR    60.780
Societe Generale Effekten  14.499   3/20/2020    EUR    65.390
Vontobel Financial Produc  11.000   3/27/2020    EUR    75.350
Deutsche Bank AG            8.200  12/22/2020    EUR    61.200
Societe Generale Effekten   8.285   3/20/2020    EUR    68.790
Societe Generale Effekten  11.651   3/20/2020    EUR    64.680
Societe Generale Effekten  14.240   3/20/2020    EUR    62.020
Societe Generale Effekten  24.337   3/20/2020    EUR    55.160
Societe Generale Effekten  12.528   6/19/2020    EUR    67.350
Societe Generale Effekten   9.637   6/19/2020    EUR    63.650
Societe Generale Effekten  10.740   9/18/2020    EUR    64.660
Societe Generale Effekten  19.134  12/20/2019    EUR    55.720
Societe Generale Effekten  25.890   3/20/2020    EUR    57.160
Societe Generale Effekten  15.793   3/20/2020    EUR    74.510
Commerzbank AG             22.000  12/31/2019    EUR    65.790
UBS AG/London              12.900   6/25/2020    EUR    70.530
UBS AG/London              10.700   3/26/2020    EUR    60.530
UBS AG/London               6.900   3/26/2020    EUR    67.520
UBS AG/London               6.100    1/2/2020    EUR    73.400
UBS AG/London               6.700  12/28/2020    EUR    75.040
UBS AG/London               7.400  12/28/2020    EUR    73.770
Danske Bank A/S            10.300    7/9/2023    SEK    53.900
Deutsche Bank AG            4.200  12/24/2019    EUR    65.500
Deutsche Bank AG            4.200  12/24/2019    EUR    55.200
Deutsche Bank AG            4.200  12/24/2019    EUR    70.100
UBS AG/London              14.000   3/26/2020    EUR    70.220
UBS AG/London               9.600   3/26/2020    EUR    70.590
UBS AG/London               5.700   3/26/2020    EUR    69.880
UBS AG/London               6.600   3/26/2020    EUR    74.210
UBS AG/London              15.100    1/2/2020    EUR    61.730
Raiffeisen Centrobank AG    9.367   6/23/2020    EUR    70.370
Deutsche Bank AG            6.200  12/24/2019    EUR    64.600
UBS AG/London               7.500   3/26/2020    EUR    65.170
UBS AG/London               6.200   3/26/2020    EUR    68.650
Deutsche Bank AG            4.200  12/24/2019    EUR    50.600
Deutsche Bank AG            4.200  12/24/2019    EUR    61.900
DZ Bank AG Deutsche Zentr   5.500  12/27/2019    EUR    64.490
Deutsche Bank AG            4.200  12/24/2019    EUR    61.000
UBS AG/London               8.600    1/2/2020    EUR    68.980
UBS AG/London              19.000    1/2/2020    EUR    58.750
UBS AG/London              15.600   3/26/2020    EUR    74.030
UBS AG/London              22.400    1/2/2020    EUR    56.050
UBS AG/London              21.600   3/26/2020    EUR    74.940
UBS AG/London               8.900   3/26/2020    EUR    64.380
UBS AG/London              10.500   3/26/2020    EUR    63.690
UBS AG/London               7.700   3/26/2020    EUR    72.210
UBS AG/London              11.600    1/2/2020    EUR    65.120
Vontobel Financial Produc  12.000   6/26/2020    EUR    62.700
Vontobel Financial Produc  13.000   3/27/2020    EUR    61.110
Landesbank Hessen-Thuerin   4.000  12/18/2019    EUR    67.070
Vontobel Financial Produc   3.500   6/25/2020    EUR    65.120
Vontobel Financial Produc   8.000    1/3/2020    EUR    64.320
Vontobel Financial Produc   8.000   3/27/2020    EUR    66.030
Leonteq Securities AG/Gue   7.000   7/14/2020    CHF    71.720
Vontobel Financial Produc   8.000   3/27/2020    EUR    64.450
Raiffeisen Schweiz Genoss   5.000   1/14/2020    EUR    72.990
Landesbank Baden-Wuerttem   3.050   7/24/2020    EUR    69.750
Commerzbank AG              9.500   3/27/2020    EUR    67.150
UniCredit Bank AG           3.750   10/2/2020    EUR    26.760
Bank Julius Baer & Co Ltd  10.800   1/21/2020    USD    70.150
Societe Generale Effekten  23.164   9/18/2020    EUR    74.700
Societe Generale Effekten  25.507   9/18/2020    EUR    74.460
Vontobel Financial Produc  15.000   3/27/2020    EUR    69.800
Vontobel Financial Produc  13.000   6/26/2020    EUR    69.410
DZ Bank AG Deutsche Zentr   9.500  10/21/2020    EUR    76.990
DZ Bank AG Deutsche Zentr   5.500  12/23/2020    EUR    73.660
DZ Bank AG Deutsche Zentr   7.500  12/23/2020    EUR    70.980
UBS AG/London              10.500   10/2/2020    USD    66.370
Vontobel Financial Produc  20.500   9/25/2020    EUR    72.625
UBS AG/London              13.700   9/24/2020    EUR    74.290
DZ Bank AG Deutsche Zentr  11.750   3/25/2020    EUR    72.600
DZ Bank AG Deutsche Zentr   7.750   9/23/2020    EUR    74.240
DekaBank Deutsche Girozen   0.010   6/29/2046    EUR    70.150
Bank Julius Baer & Co Ltd   9.650   4/27/2020    USD    74.100
Bank Julius Baer & Co Ltd   8.500   4/27/2020    EUR    75.400
Credit Suisse AG/London     8.000  10/26/2020    EUR    72.690
mybet Holding SE            6.250  12/11/2020    EUR    30.000
Landesbank Hessen-Thuerin   7.000   4/29/2022    EUR    53.390
Credit Suisse AG/London     8.000  10/26/2020    CHF    73.090
Commerzbank AG             10.250   3/27/2020    EUR    72.160
Vontobel Financial Produc  19.500   6/25/2020    EUR    73.540
DZ Bank AG Deutsche Zentr   9.750   9/23/2020    EUR
DZ Bank AG Deutsche Zentr   5.750   6/24/2020    EUR    73.840
DZ Bank AG Deutsche Zentr   7.750   6/24/2020    EUR    71.500
DZ Bank AG Deutsche Zentr  12.500   3/25/2020    EUR    74.800
Aragon OOO                 11.500   7/10/2029    RUB    70.000
DZ Bank AG Deutsche Zentr  14.250   3/25/2020    EUR    71.160
DZ Bank AG Deutsche Zentr  10.500   6/24/2020    EUR    72.480
DZ Bank AG Deutsche Zentr   9.000   9/23/2020    EUR    73.250
DZ Bank AG Deutsche Zentr   8.250  12/23/2020    EUR    73.840
EFG International Finance   5.150   6/10/2020    EUR    68.860
UBS AG/London              13.500   9/11/2020    USD    58.020
Leonteq Securities AG      16.000  12/16/2020    CHF    61.910
Vontobel Financial Produc  13.400   9/16/2020    USD    56.090
DZ Bank AG Deutsche Zentr   7.800   9/21/2020    EUR    71.490
DZ Bank AG Deutsche Zentr   4.500   3/25/2020    EUR
DZ Bank AG Deutsche Zentr  10.600   9/25/2020    EUR    71.460
DZ Bank AG Deutsche Zentr   5.250   6/24/2020    EUR    68.880
UBS AG/London              13.500  10/19/2020    USD    67.010
Commerzbank AG              8.750   3/27/2020    EUR    69.030
Bank Julius Baer & Co Ltd   8.150   5/26/2020    EUR    64.800
DZ Bank AG Deutsche Zentr   5.250   6/22/2020    EUR
DZ Bank AG Deutsche Zentr   5.000   9/21/2020    EUR    69.040
DZ Bank AG Deutsche Zentr   6.250   9/21/2020    EUR    69.990
Commerzbank AG             12.750   3/27/2020    EUR    63.530
Vontobel Financial Produc  17.500   6/26/2020    EUR    73.960
Leonteq Securities AG      15.400    4/8/2020    CHF    67.400
Commerzbank AG              6.000  12/31/2019    EUR    74.310
Commerzbank AG             20.250  12/31/2019    EUR    71.130
Commerzbank AG             19.000   1/24/2020    EUR    72.310
BNP Paribas Emissions- un  21.000   3/26/2020    EUR    70.050
Landesbank Hessen-Thuerin   8.000    4/7/2020    EUR    78.940
BNP Paribas Emissions- un  15.000   9/24/2020    EUR    74.180
BNP Paribas Emissions- un  20.000   3/26/2020    EUR    69.350
BNP Paribas Emissions- un  22.000   3/26/2020    EUR    69.880
BNP Paribas Emissions- un  24.000   3/26/2020    EUR    70.420
BNP Paribas Emissions- un  14.000   9/24/2020    EUR    74.040
BNP Paribas Emissions- un  14.000   3/26/2020    EUR    72.100
Raiffeisen Schweiz Genoss   3.400   3/21/2025    CHF    60.820
Landesbank Hessen-Thuerin   8.000   5/15/2020    EUR    60.190
Landesbank Hessen-Thuerin   8.400    5/8/2020    EUR    37.280
Landesbank Hessen-Thuerin   7.400   6/12/2020    EUR    69.330
DekaBank Deutsche Girozen   3.000   5/20/2020    EUR    72.740
Landesbank Baden-Wuerttem   6.000   3/27/2020    EUR    70.020
Vontobel Financial Produc  15.000    1/3/2020    EUR    72.330
Vontobel Financial Produc   8.000    1/3/2020    EUR    69.330
Commerzbank AG             14.500  12/31/2019    EUR    71.620
Societe Generale Effekten  15.867   6/19/2020    EUR    74.730
Societe Generale Effekten  16.690  12/20/2019    EUR    63.040
Vontobel Financial Produc   9.500    1/3/2020    EUR    71.040
Vontobel Financial Produc   6.000    1/3/2020    EUR    60.530
EFG International Finance   7.400  12/21/2020    USD    74.840
Leonteq Securities AG/Gue   5.000    5/5/2020    EUR    33.520
HSBC Trinkaus & Burkhardt   6.900  12/27/2019    EUR    68.540
Vontobel Financial Produc  15.000  12/31/2019    EUR    34.400
Societe Generale Effekten  21.499  12/20/2019    EUR    74.730
DekaBank Deutsche Girozen   4.050    7/3/2020    EUR    70.400
Vontobel Financial Produc  14.500    1/3/2020    EUR    62.120
Vontobel Financial Produc  11.500    1/3/2020    EUR    67.940
Vontobel Financial Produc  10.500    1/3/2020    EUR    70.140
Vontobel Financial Produc   8.500    1/3/2020    EUR    74.670
Vontobel Financial Produc   7.500    1/3/2020    EUR    57.040
UBS AG/London               5.700    1/2/2020    EUR    59.030
Vontobel Financial Produc   7.000  12/31/2019    EUR    62.360
DekaBank Deutsche Girozen   2.900    1/4/2021    EUR    76.540
DekaBank Deutsche Girozen   2.100    1/4/2021    EUR    67.880
Zurcher Kantonalbank Fina   5.000  12/14/2020    EUR    74.230
DZ Bank AG Deutsche Zentr   6.250   3/25/2020    EUR
DZ Bank AG Deutsche Zentr   8.250   3/25/2020    EUR    56.070
DZ Bank AG Deutsche Zentr   8.750   3/25/2020    EUR    68.820
Vontobel Financial Produc   5.400    1/6/2020    EUR    42.870
HSBC Trinkaus & Burkhardt   7.600   6/26/2020    EUR    70.260
HSBC Trinkaus & Burkhardt   6.500   6/26/2020    EUR    69.680
Vontobel Financial Produc  13.000   3/13/2020    EUR    61.640
DekaBank Deutsche Girozen   2.300    1/8/2021    EUR    74.420
Vontobel Financial Produc   7.000  12/27/2019    EUR    42.490
HSBC Trinkaus & Burkhardt   2.750   3/27/2020    EUR    73.950
Landesbank Baden-Wuerttem   2.500  10/23/2020    EUR    51.500
Landesbank Baden-Wuerttem   5.000  10/23/2020    EUR    45.050
Landesbank Hessen-Thuerin   3.500    1/5/2022    EUR    61.980
Landesbank Hessen-Thuerin   4.000    1/5/2022    EUR    70.690
UBS AG/London               9.000  10/19/2020    USD    63.200
UBS AG/London               6.000   4/16/2020    CHF    71.100
Landesbank Baden-Wuerttem   3.000   3/27/2020    EUR    68.340
Vontobel Financial Produc  12.000    1/3/2020    EUR    65.850
Vontobel Financial Produc  10.000    1/3/2020    EUR    65.580
Vontobel Financial Produc  15.500    1/3/2020    EUR    61.770
Goldman Sachs & Co Wertpa  23.000  12/27/2019    EUR    66.680
Societe Generale SA         8.000   12/3/2020    USD    58.800
Vontobel Financial Produc   8.500    1/3/2020    EUR    53.930
Vontobel Financial Produc  10.500    1/3/2020    EUR    71.040
HSBC Trinkaus & Burkhardt   1.000   4/22/2020    EUR    74.900
Leonteq Securities AG/Gue   6.400    6/4/2020    CHF    18.410
Leonteq Securities AG/Gue   9.000    6/4/2020    USD    68.760
Vontobel Financial Produc  10.000  12/31/2019    EUR    68.750
DekaBank Deutsche Girozen   3.800  12/18/2020    EUR    57.740
Vontobel Financial Produc  19.500   9/25/2020    EUR    69.160
Vontobel Financial Produc  13.000    1/3/2020    EUR    63.910
Vontobel Financial Produc  12.000    1/3/2020    EUR    62.240
Vontobel Financial Produc  11.000    1/3/2020    EUR    63.860
Raiffeisen Centrobank AG    5.200  12/30/2019    EUR    72.900
Goldman Sachs & Co Wertpa  24.000  12/27/2019    EUR    73.710
Leonteq Securities AG/Gue   9.800   6/12/2020    CHF    46.080
Vontobel Financial Produc  11.000    1/3/2020    EUR    68.900
Vontobel Financial Produc   8.500    1/3/2020    EUR    73.350
Vontobel Financial Produc  10.000    1/3/2020    EUR    51.180
Leonteq Securities AG/Gue   7.000  12/15/2020    CHF    73.610
Leonteq Securities AG/Gue   7.400  12/18/2019    EUR    71.380
Plaza Centers NV            6.900    7/1/2020    ILS    21.370
Plaza Centers NV            6.000    7/1/2020    ILS    21.510
Landesbank Baden-Wuerttem   3.000  11/27/2020    EUR    73.010
Landesbank Baden-Wuerttem   6.000  11/27/2020    EUR    67.410
Landesbank Baden-Wuerttem   4.500  11/27/2020    EUR    70.530
Societe Generale Effekten  19.126   3/20/2020    EUR    54.450
HSBC Trinkaus & Burkhardt  10.500  12/27/2019    EUR    72.680
HSBC Trinkaus & Burkhardt   6.600   1/24/2020    EUR    73.710
HSBC Trinkaus & Burkhardt  11.100  12/27/2019    EUR    65.800
HSBC Trinkaus & Burkhardt   8.900   3/27/2020    EUR    71.650
HSBC Trinkaus & Burkhardt   4.300  12/27/2019    EUR    46.760
HSBC Trinkaus & Burkhardt   8.100   1/24/2020    EUR    40.340
HSBC Trinkaus & Burkhardt   7.600  12/27/2019    EUR    63.760
HSBC Trinkaus & Burkhardt   7.100   1/24/2020    EUR    74.170
Landesbank Baden-Wuerttem   3.300  12/29/2020    EUR    76.070
Landesbank Baden-Wuerttem   3.000   7/23/2021    EUR    73.720
UniCredit Bank AG           3.800  12/29/2022    EUR    60.150
DekaBank Deutsche Girozen   5.150    7/3/2020    EUR    72.120
UBS AG/London              10.000   4/24/2020    USD    61.080
Vontobel Financial Produc  12.500    1/3/2020    EUR    73.020
Vontobel Financial Produc  19.500   6/12/2020    EUR    75.940
Vontobel Financial Produc   9.500    1/3/2020    EUR    65.740
UniCredit Bank AG           4.450  12/29/2022    EUR    68.330
UniCredit Bank AG           5.900  12/19/2020    EUR    56.200
Vontobel Financial Produc  12.500    1/3/2020    EUR    60.270
Vontobel Financial Produc  14.500    1/3/2020    EUR    57.120
Societe Generale SA         8.000   12/2/2020    USD    54.340
UBS AG/London               9.000   4/24/2020    EUR    59.050
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    58.900
DekaBank Deutsche Girozen   5.150   5/21/2021    EUR    71.170
Vontobel Financial Produc   9.500  12/31/2019    EUR    52.070
Vontobel Financial Produc   7.550  12/31/2019    EUR    52.000
Landesbank Hessen-Thuerin   6.250  12/22/2022    EUR    58.920
Vontobel Financial Produc   7.000    1/3/2020    EUR    72.390
Vontobel Financial Produc   9.000    1/3/2020    EUR    67.830
UniCredit Bank AG           4.300  12/19/2021    EUR    63.700
Vontobel Financial Produc  13.500    1/3/2020    EUR    42.480
Raiffeisen Schweiz Genoss   7.000   4/30/2020    EUR    63.700
Leonteq Securities AG/Gue   7.000  10/29/2020    CHF    66.730
UniCredit Bank AG           5.500    1/4/2020    EUR    43.450
HSBC Trinkaus & Burkhardt  11.400  12/27/2019    EUR    70.890
HSBC Trinkaus & Burkhardt   8.600  12/27/2019    EUR    72.500
HSBC Trinkaus & Burkhardt  11.800  12/27/2019    EUR    36.100
HSBC Trinkaus & Burkhardt   5.800   3/27/2020    EUR    68.420
HSBC Trinkaus & Burkhardt  10.000  12/27/2019    EUR    78.720
Vontobel Financial Produc   6.200  12/31/2019    EUR    64.220
Vontobel Financial Produc  11.500    1/3/2020    EUR    71.130
Vontobel Financial Produc  12.500    1/3/2020    EUR    68.960
Vontobel Financial Produc  16.000    1/3/2020    EUR    70.390
Goldman Sachs & Co Wertpa  25.000   1/22/2020    EUR    72.920
Goldman Sachs & Co Wertpa  24.000   2/26/2020    EUR    76.400
Vontobel Financial Produc   7.000   6/19/2020    USD    72.250
Vontobel Financial Produc  14.000    1/3/2020    EUR    69.190
Vontobel Financial Produc   8.000    1/3/2020    EUR    70.030
Vontobel Financial Produc  11.500    1/3/2020    EUR    61.980
Vontobel Financial Produc  10.500    1/3/2020    EUR    63.800
Vontobel Financial Produc  12.000    1/3/2020    EUR    72.710
HSBC Trinkaus & Burkhardt   3.000   8/10/2020    EUR    71.920
HSBC Trinkaus & Burkhardt   6.000   2/28/2020    EUR    74.160
Vontobel Financial Produc  12.000    1/3/2020    EUR    65.810
Vontobel Financial Produc  13.500    1/3/2020    EUR    58.650
UniCredit Bank AG           4.700  12/19/2021    EUR    66.740
Vontobel Financial Produc  14.000    1/3/2020    EUR    58.220
Vontobel Financial Produc  10.500    1/3/2020    EUR    46.360
Vontobel Financial Produc  12.500    1/3/2020    EUR    75.150
Vontobel Financial Produc  10.000    1/3/2020    EUR    67.650
Vontobel Financial Produc   8.500    1/3/2020    EUR    70.950
Vontobel Financial Produc   6.500    1/3/2020    EUR    74.580
Vontobel Financial Produc   7.500    1/3/2020    EUR    72.660
Vontobel Financial Produc  11.000    1/3/2020    EUR    67.250
Vontobel Financial Produc   7.500    1/3/2020    EUR    71.420
Vontobel Financial Produc  11.500    1/3/2020    EUR    64.480
Landesbank Hessen-Thuerin   4.750    3/3/2020    EUR    76.700
Landesbank Hessen-Thuerin   3.250    7/8/2020    EUR    76.500
Vontobel Financial Produc  11.500    1/3/2020    EUR    74.220
Vontobel Financial Produc  10.000  12/31/2019    EUR    42.790
Vontobel Financial Produc  10.000  12/31/2019    EUR    73.560
Landesbank Baden-Wuerttem   2.550   2/28/2020    EUR    73.910
Leonteq Securities AG/Gue   6.200   3/11/2020    CHF    68.040
Vontobel Financial Produc   8.000   3/27/2020    EUR    64.060
BNP Paribas Emissions- un   6.000   3/26/2020    EUR    66.530
BNP Paribas Emissions- un   9.000   6/25/2020    EUR    68.090
Bank Julius Baer & Co Ltd  10.100   2/14/2020    USD    71.650
Vontobel Financial Produc  12.000    1/3/2020    EUR    66.870
UBS AG/London              10.000   6/19/2020    EUR    64.950
DZ Bank AG Deutsche Zentr   5.500   3/25/2020    EUR    54.670
DekaBank Deutsche Girozen   2.000  10/16/2020    EUR    56.700
UniCredit Bank AG           5.350  10/18/2020    EUR    57.540
HSBC Trinkaus & Burkhardt  11.400  12/27/2019    EUR    44.910
Raiffeisen Schweiz Genoss   5.750   2/25/2021    CHF    68.610
HSBC Trinkaus & Burkhardt  11.500  12/27/2019    EUR    75.130
DekaBank Deutsche Girozen   4.700   5/29/2020    EUR    72.060
DekaBank Deutsche Girozen   6.000   5/29/2020    EUR    59.150
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    61.580
EFG International Finance   6.600   9/28/2020    EUR    69.640
DekaBank Deutsche Girozen   2.000   10/9/2020    EUR    72.480
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    54.000
Landesbank Baden-Wuerttem   7.000   1/24/2020    EUR    49.910
Commerzbank AG              8.000   11/6/2020    USD     4.000
Vontobel Financial Produc   8.500   3/27/2020    EUR    59.250
Vontobel Financial Produc   7.000   3/27/2020    EUR    62.250
Vontobel Financial Produc  10.000   3/27/2020    EUR    56.570
Vontobel Financial Produc   6.000    1/3/2020    EUR    67.610
Vontobel Financial Produc   7.000    1/3/2020    EUR    60.570
DZ Bank AG Deutsche Zentr   5.500  12/27/2019    EUR    56.010
Landesbank Hessen-Thuerin   7.000  10/20/2022    EUR    74.610
Vontobel Financial Produc   9.000    1/3/2020    EUR    71.010
Vontobel Financial Produc   4.500   3/27/2020    EUR    71.940
Vontobel Financial Produc   4.000    1/3/2020    EUR    71.260
DZ Bank AG Deutsche Zentr  11.000   6/24/2020    EUR    75.740
Leonteq Securities AG/Gue   7.000   9/29/2020    CHF    70.050
UniCredit Bank AG           4.200   12/8/2021    EUR    70.240
Vontobel Financial Produc   5.500   3/27/2020    EUR    65.600
Vontobel Financial Produc  12.000   3/27/2020    EUR    54.330
Vontobel Financial Produc  11.000   3/27/2020    EUR    61.130
Vontobel Financial Produc   9.000    1/3/2020    EUR    57.110
DZ Bank AG Deutsche Zentr  13.750  12/27/2019    EUR    54.260
Landesbank Baden-Wuerttem   3.700   6/26/2020    EUR    65.980
Leonteq Securities AG      11.200  12/17/2019    CHF    72.860
Bank Julius Baer & Co Ltd   5.450  12/18/2019    CHF    71.600
Landesbank Hessen-Thuerin   7.700   1/20/2023    EUR    63.960
EFG International Finance   7.000  11/16/2020    EUR    63.350
BNP Paribas Emissions- un  16.000  12/30/2019    EUR    69.210
UBS AG/London              12.000   6/12/2020    USD    52.370
BNP Paribas Emissions- un  15.000   6/25/2020    EUR    70.800
Landesbank Baden-Wuerttem   3.000   1/24/2020    EUR    59.740
Landesbank Hessen-Thuerin   5.650  10/28/2022    EUR    41.600
UniCredit Bank AG           6.100   8/12/2020    EUR    58.070
DZ Bank AG Deutsche Zentr  11.500   2/26/2020    EUR    50.330
DZ Bank AG Deutsche Zentr   6.500   2/26/2020    EUR    65.510
DZ Bank AG Deutsche Zentr   4.750   3/25/2020    EUR    68.870
Bank Julius Baer & Co Ltd   6.900   1/22/2020    CHF    73.050
Zurcher Kantonalbank Fina  11.500   1/23/2020    USD    59.420
Landesbank Baden-Wuerttem   5.000   1/24/2020    EUR    74.270
Landesbank Baden-Wuerttem   7.000   1/24/2020    EUR    69.030
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    49.040
Landesbank Baden-Wuerttem   6.500   1/24/2020    EUR    45.140
Landesbank Baden-Wuerttem   4.000   1/24/2020    EUR    73.640
Landesbank Baden-Wuerttem   6.000   1/24/2020    EUR    69.170
Bank Julius Baer & Co Ltd   9.700   1/24/2020    USD    67.600
HSBC Trinkaus & Burkhardt  10.500   6/26/2020    EUR    42.490
HSBC Trinkaus & Burkhardt   7.700   6/26/2020    EUR    45.390
HSBC Trinkaus & Burkhardt   5.200   6/26/2020    EUR    49.580
HSBC Trinkaus & Burkhardt   9.700   2/28/2020    EUR    41.150
Deutsche Bank AG            4.200  12/24/2019    EUR    73.490
Commerzbank AG             14.750  12/31/2019    EUR    67.140
Commerzbank AG             14.250  12/31/2019    EUR    70.380
Vontobel Financial Produc  10.000   1/24/2020    EUR    64.870
Vontobel Financial Produc  11.000   1/24/2020    EUR    64.980
UBS AG/London              20.000   1/24/2020    CHF    58.000
Vontobel Financial Produc  13.000    1/3/2020    EUR    65.900
Vontobel Financial Produc   9.000    1/3/2020    EUR    72.480
Vontobel Financial Produc  10.500    1/3/2020    EUR    70.140
Vontobel Financial Produc  12.000    1/3/2020    EUR    67.960
Vontobel Financial Produc  10.500   3/27/2020    EUR    69.760
Vontobel Financial Produc   8.500   3/27/2020    EUR    73.340
Vontobel Financial Produc   9.500   3/27/2020    EUR    71.580
Vontobel Financial Produc  12.000   3/27/2020    EUR    68.170
UBS AG/London              24.500   3/26/2020    EUR    67.950
UBS AG/London              23.700   6/25/2020    EUR    68.190
UBS AG/London              15.900   6/25/2020    EUR    71.560
UBS AG/London              20.300   6/25/2020    EUR    70.560
DZ Bank AG Deutsche Zentr   7.750  12/27/2019    EUR    65.260
Vontobel Financial Produc  26.000   8/26/2020    EUR    69.710
UBS AG/London              13.700    1/2/2020    EUR    62.640
UBS AG/London               7.300   3/26/2020    EUR    75.220
UBS AG/London               7.200    1/2/2020    EUR    69.470
Leonteq Securities AG      20.000   5/12/2020    CHF    45.110
Vontobel Financial Produc  12.000    1/3/2020    EUR    65.210
Vontobel Financial Produc  16.500    1/3/2020    EUR    58.590
Vontobel Financial Produc  10.000    1/3/2020    EUR    69.170
Vontobel Financial Produc  13.000    1/3/2020    EUR    71.610
Raiffeisen Centrobank AG    8.362  12/27/2019    EUR    74.680
Raiffeisen Centrobank AG    7.394  12/27/2019    EUR    70.160
Raiffeisen Centrobank AG    7.922  12/27/2019    EUR    69.230
Raiffeisen Centrobank AG    5.721  12/27/2019    EUR    66.740
Vontobel Financial Produc  11.000    1/3/2020    EUR    60.610
Vontobel Financial Produc  12.000    1/3/2020    EUR    59.150
UBS AG/London              12.000   5/14/2020    EUR    68.500
UBS AG/London               9.000   5/14/2020    CHF    70.500
BNP Paribas Emissions- un   6.000  12/30/2019    EUR    65.270
Credit Suisse AG/London     9.750   2/18/2020    USD    68.770
Vontobel Financial Produc  15.000    1/3/2020    EUR    68.100
Vontobel Financial Produc  12.500    1/3/2020    EUR    72.640
Vontobel Financial Produc  13.500    1/3/2020    EUR    70.280
Vontobel Financial Produc  16.000    1/3/2020    EUR    66.030
SG Issuer SA                5.000   5/23/2024    EUR    62.590
SG Issuer SA                5.000    4/2/2024    EUR    61.820
Leonteq Securities AG/Gue   6.600   8/18/2020    CHF    71.600
Leonteq Securities AG/Gue   6.000   8/18/2020    CHF    70.310
UniCredit Bank AG           5.250   9/19/2020    EUR    58.740
Raiffeisen Schweiz Genoss   9.000  10/12/2020    CHF    67.690
Landesbank Hessen-Thuerin   6.600   2/17/2023    EUR    59.050
Landesbank Hessen-Thuerin   4.350   2/24/2023    EUR    42.250
DekaBank Deutsche Girozen   2.800   1/24/2020    EUR    61.470
DekaBank Deutsche Girozen   2.900   1/31/2020    EUR    77.980
DekaBank Deutsche Girozen   2.900   2/21/2020    EUR    77.420
Vontobel Financial Produc  27.500   8/12/2020    USD    57.370
Vontobel Financial Produc   9.500   6/12/2020    EUR    67.970
Vontobel Financial Produc   9.000   9/11/2020    EUR    69.510
DZ Bank AG Deutsche Zentr   4.500   9/23/2020    EUR    70.780
DZ Bank AG Deutsche Zentr   6.000   6/24/2020    EUR    61.300
HSBC Trinkaus & Burkhardt   2.620  12/30/2019    EUR    74.740
DZ Bank AG Deutsche Zentr   5.250  12/27/2019    EUR    71.280
DZ Bank AG Deutsche Zentr  17.000   6/26/2020    EUR    72.570
Vontobel Financial Produc   4.500   6/12/2020    EUR    72.170
UBS AG/London              23.400   6/25/2020    EUR    68.970
Leonteq Securities AG/Gue   4.750   11/1/2021    CHF    44.650
Vontobel Financial Produc  10.500    1/3/2020    EUR    74.660
Vontobel Financial Produc  12.000    1/3/2020    EUR    48.720
EFG International Finance   8.000   4/21/2020    USD    42.750
Leonteq Securities AG       7.400   4/24/2020    USD    43.400
Bayerische Landesbank       2.400  11/13/2020    EUR    73.530
DekaBank Deutsche Girozen   2.200   5/15/2020    EUR    73.650
DekaBank Deutsche Girozen   2.100   5/15/2020    EUR    60.550
DekaBank Deutsche Girozen   2.200   4/20/2020    EUR    67.500
UniCredit Bank AG           4.000   7/31/2020    EUR    66.160
Commerzbank AG             30.000   6/30/2020    USD     0.010
Landesbank Baden-Wuerttem   3.250   6/26/2020    EUR    69.910
Vontobel Financial Produc  17.500    1/3/2020    EUR    49.610
Vontobel Financial Produc  16.000    1/3/2020    EUR    51.670
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    71.490
BNP Paribas Emissions- un  25.000  12/30/2019    EUR    61.780
BNP Paribas Emissions- un  21.000   3/26/2020    EUR    72.600
UBS AG/London              18.600   6/25/2020    EUR    66.570
UBS AG/London              23.400   3/26/2020    EUR    64.450
UBS AG/London              10.200   6/25/2020    EUR    72.190
UBS AG/London              22.700   3/26/2020    EUR    61.370
Landesbank Baden-Wuerttem   6.500   8/28/2020    EUR    69.610
Vontobel Financial Produc   8.500  12/31/2019    EUR    69.740
DZ Bank AG Deutsche Zentr   6.250  12/27/2019    EUR    40.000
DZ Bank AG Deutsche Zentr  10.500  12/27/2019    EUR    71.640
BNP Paribas Emissions- un  18.000  12/30/2019    EUR    71.320
BNP Paribas Emissions- un  13.000  12/30/2019    EUR    68.520
UniCredit Bank AG           7.800  12/29/2020    EUR    42.350
UniCredit Bank AG           9.200  12/29/2020    EUR    40.490
UniCredit Bank AG          19.800   6/26/2020    EUR    73.130
Societe Generale SA        12.000    4/2/2020    USD    48.200
Vontobel Financial Produc  11.000   3/27/2020    EUR    57.260
DZ Bank AG Deutsche Zentr  10.000   3/25/2020    EUR    69.720
DZ Bank AG Deutsche Zentr   4.500  12/27/2019    EUR    58.980
Leonteq Securities AG       9.000   3/27/2020    USD    43.800
Commerzbank AG              3.900   3/23/2022    USD     7.190
Landesbank Hessen-Thuerin   5.200   9/30/2022    EUR    70.920
Leonteq Securities AG/Gue   6.000    6/8/2020    CHF    63.430
UniCredit Bank AG           5.750    7/4/2020    EUR    48.610
DekaBank Deutsche Girozen   4.400   2/21/2020    EUR    67.970
DekaBank Deutsche Girozen   2.750   4/17/2020    EUR    75.140
DekaBank Deutsche Girozen   2.700   4/17/2020    EUR    60.930
Landesbank Baden-Wuerttem   5.200   1/24/2020    EUR    58.740
Landesbank Baden-Wuerttem   5.600   1/24/2020    EUR    47.480
Natixis SA                  4.975   3/23/2020    USD    45.731
DekaBank Deutsche Girozen   3.200    5/3/2021    EUR    73.820
DekaBank Deutsche Girozen   2.050    5/3/2021    EUR    55.480
Societe Generale SA        13.000   4/16/2020    USD    43.220
Commerzbank AG              1.580   9/16/2024    USD     4.330
UniCredit Bank AG           5.100   4/16/2021    EUR    69.630
DekaBank Deutsche Girozen   2.200   4/16/2021    EUR    62.190
UBS AG/London               6.500   3/30/2020    CHF    72.750
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    73.360
Leonteq Securities AG/Gue   5.600   5/25/2021    CHF    61.000
Landesbank Baden-Wuerttem   4.650   3/27/2020    EUR    64.980
UniCredit Bank AG           4.000   6/11/2020    EUR    67.030
UBS AG/London              11.000    5/4/2020    USD    67.600
UBS AG/London               9.500  11/16/2020    USD    61.200
Raiffeisen Schweiz Genoss   6.000   5/25/2020    EUR    68.310
Raiffeisen Schweiz Genoss   4.600   5/25/2020    CHF    59.230
Raiffeisen Schweiz Genoss   8.600   5/28/2020    CHF    61.160
Raiffeisen Schweiz Genoss   7.500   5/25/2020    CHF    21.290
Raiffeisen Schweiz Genoss   6.450   5/25/2020    CHF    73.460
UBS AG/London               6.000   5/18/2020    CHF    60.650
UBS AG/London              10.000   5/18/2020    CHF    50.700
Landesbank Hessen-Thuerin   2.350  12/21/2020    EUR    74.100
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    52.870
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    53.320
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    50.950
BNP Paribas Emissions- un   6.000  12/30/2019    EUR    70.620
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    70.330
BNP Paribas Emissions- un   4.000  12/30/2019    EUR    52.320
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    49.980
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    50.390
Leonteq Securities AG       5.600   5/16/2022    CHF    74.740
DekaBank Deutsche Girozen   2.660   2/28/2020    EUR    74.520
Leonteq Securities AG/Gue   7.000   12/1/2020    CHF    75.160
Landesbank Hessen-Thuerin   5.350   9/22/2023    EUR    67.620
DekaBank Deutsche Girozen   2.800   6/19/2020    EUR    54.920
EFG International Finance   7.000    6/8/2021    EUR    70.420
EFG International Finance   5.550   7/12/2021    USD    57.420
Leonteq Securities AG/Gue   6.000   5/22/2020    CHF    62.570
Landesbank Baden-Wuerttem   3.100   7/24/2020    EUR    64.530
DekaBank Deutsche Girozen   3.800  10/23/2020    EUR    65.000
Raiffeisen Schweiz Genoss   6.500   10/9/2020    CHF    56.610
Landesbank Hessen-Thuerin   4.750   5/11/2023    EUR    61.930
Landesbank Baden-Wuerttem   4.400   1/24/2020    EUR    69.520
Landesbank Baden-Wuerttem   4.100   1/24/2020    EUR    72.230
Landesbank Baden-Wuerttem   4.100   1/24/2020    EUR    64.550
Leonteq Securities AG/Gue  10.000   4/17/2020    CHF    46.650
UBS AG/London               5.500    4/6/2020    CHF    75.550
UBS AG/London               3.900    1/2/2020    EUR    69.110
UBS AG/London               4.500   3/26/2020    EUR    59.860
UBS AG/London               5.000    1/2/2020    EUR    67.870
UniCredit Bank AG          10.600    1/3/2020    EUR    75.520
UniCredit Bank AG           7.700    1/3/2020    EUR    60.800
UniCredit Bank AG           9.900    1/3/2020    EUR    53.950
Landesbank Hessen-Thuerin   8.600  11/17/2022    EUR    64.640
Landesbank Baden-Wuerttem   3.000  12/29/2020    EUR    67.540
Landesbank Baden-Wuerttem   4.400  12/29/2020    EUR    75.870
UBS AG/London               9.500   4/20/2020    CHF    63.300
EFG International Finance   7.200   11/2/2020    EUR    65.930
Landesbank Hessen-Thuerin   4.000  11/24/2021    EUR    55.750
Landesbank Hessen-Thuerin   4.000  11/24/2021    EUR    66.140
Landesbank Hessen-Thuerin   2.200  11/24/2020    EUR    56.950
Landesbank Hessen-Thuerin   6.450   2/24/2023    EUR    64.710
Leonteq Securities AG/Gue   6.400   11/3/2021    CHF    70.770
Leonteq Securities AG/Gue   6.400   11/3/2020    EUR    56.670
Landesbank Hessen-Thuerin   3.000    6/4/2021    EUR    73.800
Landesbank Hessen-Thuerin   4.000    6/4/2021    EUR    48.700
DekaBank Deutsche Girozen   2.000   6/25/2021    EUR    62.620
UniCredit Bank AG           6.000  12/25/2021    EUR    74.550
Bayerische Landesbank       3.100   7/10/2020    EUR    67.240
UBS AG/London               5.750  11/23/2020    CHF    63.500
UBS AG/London               8.000    6/8/2020    CHF    71.250
UBS AG/London              10.750    6/8/2020    CHF    63.700
UBS AG/London               6.500   12/7/2020    EUR    61.100
UBS AG/London               7.250    6/8/2020    USD    67.930
Corner Banca SA            11.000  12/18/2019    CHF    54.590
Leonteq Securities AG       5.000   6/15/2021    CHF    60.100
Leonteq Securities AG/Gue   7.000   6/15/2020    CHF    59.630
UBS AG/London               7.100    1/2/2020    EUR    58.290
UBS AG/London               4.300    1/2/2020    EUR    58.560
Raiffeisen Schweiz Genoss   6.500  12/18/2019    CHF    50.010
Raiffeisen Schweiz Genoss   5.300  12/15/2020    EUR    74.150
Deutsche Bank AG            5.500  12/24/2019    EUR
Deutsche Bank AG            5.500  12/24/2019    EUR    60.600
Deutsche Bank AG            5.500  12/24/2019    EUR    55.200
Deutsche Bank AG            5.500  12/24/2019    EUR    54.900
Deutsche Bank AG            5.500  12/24/2019    EUR    68.100
Deutsche Bank AG            5.500  12/24/2019    EUR
Deutsche Bank AG            5.500  12/24/2019    EUR
DekaBank Deutsche Girozen   4.300    1/4/2021    EUR    57.980
UBS AG/London               8.750   6/15/2020    EUR    71.750
Bayerische Landesbank       3.000   7/17/2020    EUR    71.000
DekaBank Deutsche Girozen   3.350   7/10/2020    EUR    69.110
Raiffeisen Schweiz Genoss   6.300    1/6/2020    CHF    57.610
Raiffeisen Schweiz Genoss   5.000  12/22/2020    CHF    74.620
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    65.020
BNP Paribas Emissions- un  15.000  12/30/2019    EUR    65.220
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    65.340
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    72.750
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    72.820
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    72.890
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    71.260
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    71.320
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    64.460
BNP Paribas Emissions- un  17.000  12/30/2019    EUR    64.690
BNP Paribas Emissions- un   4.000  12/30/2019    EUR    55.190
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    55.310
BNP Paribas Emissions- un  14.000  12/30/2019    EUR    55.500
BNP Paribas Emissions- un  20.000  12/30/2019    EUR    61.780
BNP Paribas Emissions- un   4.500  12/30/2019    EUR    58.090
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    75.840
BNP Paribas Emissions- un  18.000  12/30/2019    EUR    66.270
BNP Paribas Emissions- un  20.000  12/30/2019    EUR    68.340
BNP Paribas Emissions- un   4.500  12/30/2019    EUR    65.980
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    66.040
Vontobel Financial Produc   9.500    1/3/2020    EUR    73.710
Vontobel Financial Produc  14.500    1/3/2020    EUR    65.780
Vontobel Financial Produc  13.000    1/3/2020    EUR    67.580
Vontobel Financial Produc  16.000    1/3/2020    EUR    64.050
Vontobel Financial Produc  16.000    1/3/2020    EUR    61.790
Vontobel Financial Produc  18.000    1/3/2020    EUR    68.270
Vontobel Financial Produc  13.000    1/3/2020    EUR    72.240
Vontobel Financial Produc  11.500    1/3/2020    EUR    74.650
Vontobel Financial Produc  14.500    1/3/2020    EUR    69.990
Leonteq Securities AG/Gue  10.280   6/11/2020    CHF    70.020
UBS AG/London               5.400    1/2/2020    EUR    56.220
UBS AG/London               6.100   6/25/2020    EUR    58.960
UBS AG/London               8.100    1/2/2020    EUR    55.460
Raiffeisen Schweiz Genoss   7.100   6/15/2020    CHF    58.450
Raiffeisen Schweiz Genoss   9.500  12/15/2020    CHF    75.020
Credit Suisse AG/Nassau     7.000  12/30/2019    CHF    58.200
Deutsche Bank AG            5.500  12/24/2019    EUR
Deutsche Bank AG            5.500  12/24/2019    EUR
Deutsche Bank AG            5.500  12/24/2019    EUR    62.000
Deutsche Bank AG            5.500  12/24/2019    EUR    57.800
Deutsche Bank AG            5.500  12/24/2019    EUR
Deutsche Bank AG            5.500  12/24/2019    EUR    61.300
Deutsche Bank AG            5.500  12/24/2019    EUR    50.000
Credit Suisse AG/London     7.000  12/18/2019    CHF    55.530
Leonteq Securities AG      10.000  12/27/2019    EUR    72.870
Credit Suisse AG/London     7.000  12/23/2019    EUR    51.140
UBS AG/London              10.250   6/15/2020    CHF    52.450
UBS AG/London               7.000  12/14/2020    CHF    61.450
UBS AG/London               6.500  12/14/2020    EUR    72.500
UniCredit Bank AG           3.750   8/23/2021    EUR    71.860
Landesbank Baden-Wuerttem   4.150   2/28/2020    EUR    58.650
Landesbank Hessen-Thuerin   5.200    9/8/2022    EUR    72.550
DekaBank Deutsche Girozen   2.150   8/28/2020    EUR    76.360
Landesbank Hessen-Thuerin   4.000    3/8/2021    EUR    55.300
Raiffeisen Switzerland BV   5.000   8/14/2020    EUR    50.360
Landesbank Hessen-Thuerin   4.500    9/8/2021    EUR    65.720
EFG International Finance   6.000   8/24/2020    CHF    70.280
Landesbank Hessen-Thuerin   3.100   8/13/2020    EUR    61.200
DekaBank Deutsche Girozen   3.100   1/10/2020    EUR    36.370
Leonteq Securities AG       8.000   1/27/2020    EUR    72.270
Barclays Bank PLC          13.500  10/16/2020    EUR    76.720
Raiffeisen Centrobank AG    4.737  12/27/2019    EUR    57.530
Raiffeisen Centrobank AG    6.767  12/27/2019    EUR    58.230
Zurcher Kantonalbank Fina   7.250  10/19/2020    CHF    72.540
Landesbank Hessen-Thuerin   5.450  11/17/2022    EUR    65.610
UniCredit Bank AG          11.600    1/3/2020    EUR    44.440
UniCredit Bank AG          12.200    1/3/2020    EUR    54.230
UniCredit Bank AG           9.800    1/3/2020    EUR    48.170
UniCredit Bank AG           7.500    1/3/2020    EUR    62.590
UniCredit Bank AG           5.300    1/3/2020    EUR    61.160
UniCredit Bank AG           6.000    1/3/2020    EUR    50.690
UniCredit Bank AG           6.500    1/3/2020    EUR    46.860
UniCredit Bank AG           5.400    1/3/2020    EUR    51.700
UniCredit Bank AG          11.600    1/3/2020    EUR    72.310
UniCredit Bank AG          11.000    1/3/2020    EUR    41.220
UniCredit Bank AG           3.800    1/3/2020    EUR    70.470
UniCredit Bank AG           7.200    1/3/2020    EUR    55.900
UniCredit Bank AG           7.100    1/3/2020    EUR    61.790
UniCredit Bank AG           6.900    1/3/2020    EUR    52.230
UniCredit Bank AG           6.800    1/3/2020    EUR    58.350
UniCredit Bank AG           8.500    1/3/2020    EUR    65.160
UniCredit Bank AG          10.300    1/3/2020    EUR    48.280
UniCredit Bank AG           7.600    1/3/2020    EUR    73.610
UniCredit Bank AG           6.000    1/3/2020    EUR    71.620
UniCredit Bank AG          10.900    1/3/2020    EUR    60.430
UniCredit Bank AG           8.600    1/3/2020    EUR    34.590
UniCredit Bank AG           9.900    1/3/2020    EUR    50.090
UniCredit Bank AG           4.600    1/3/2020    EUR    62.890
UniCredit Bank AG           4.700    1/3/2020    EUR    74.630
UniCredit Bank AG          10.000    1/3/2020    EUR    54.760
DZ Bank AG Deutsche Zentr   7.250   8/26/2020    EUR    73.160
Landesbank Hessen-Thuerin   3.350   8/13/2020    EUR    75.200
BNP Paribas Issuance BV     6.400    6/1/2020    EUR    60.900
BNP Paribas Issuance BV     6.200    6/1/2020    EUR    70.650
Leonteq Securities AG/Gue   2.500    6/5/2024    EUR    61.650
Landesbank Hessen-Thuerin   4.000  11/10/2021    EUR    70.850
EFG International Finance   7.200  10/26/2020    USD    56.730
Raiffeisen Centrobank AG    8.571  12/27/2019    EUR    20.250
Raiffeisen Centrobank AG    6.767  12/27/2019    EUR    71.540
Raiffeisen Centrobank AG    7.444  12/27/2019    EUR    73.030
Landesbank Hessen-Thuerin   5.100   2/17/2023    EUR    62.470
UniCredit Bank AG           4.850   11/1/2020    EUR    59.374
UniCredit Bank AG          12.100    1/3/2020    EUR    42.290
UniCredit Bank AG           6.300    1/3/2020    EUR    74.350
UniCredit Bank AG           9.800    1/3/2020    EUR    63.260
UniCredit Bank AG           7.300    1/3/2020    EUR    47.400
UniCredit Bank AG           8.800    1/3/2020    EUR    44.530
UniCredit Bank AG           6.800    1/3/2020    EUR    62.960
UniCredit Bank AG           5.000    1/3/2020    EUR     2.190
UniCredit Bank AG           3.400    1/3/2020    EUR    71.170
UniCredit Bank AG          12.200    1/3/2020    EUR    39.150
UniCredit Bank AG           8.700    1/3/2020    EUR    69.000
UniCredit Bank AG          11.200    1/3/2020    EUR    50.690
UniCredit Bank AG           3.900    1/3/2020    EUR    57.820
UniCredit Bank AG           8.400    1/3/2020    EUR    47.150
UniCredit Bank AG           8.000    1/3/2020    EUR    48.600
UniCredit Bank AG          12.900    1/3/2020    EUR    56.790
UniCredit Bank AG          11.900    1/3/2020    EUR    49.740
UniCredit Bank AG           3.600    1/3/2020    EUR    73.670
UniCredit Bank AG          13.000    1/3/2020    EUR    48.840
UniCredit Bank AG           8.800    1/3/2020    EUR    59.870
UniCredit Bank AG          10.100    1/3/2020    EUR    68.330
UniCredit Bank AG           8.700    1/3/2020    EUR    66.110
Vontobel Financial Produc  20.500   9/25/2020    EUR    53.460
UBS AG/London               6.700   6/25/2020    EUR    74.380
UniCredit Bank AG          12.900    1/3/2020    EUR    32.170
UniCredit Bank AG          10.900    1/3/2020    EUR    35.450
UniCredit Bank AG          11.600    1/3/2020    EUR    67.680
UniCredit Bank AG           4.400    1/3/2020    EUR    61.740
UniCredit Bank AG           8.000    1/3/2020    EUR    78.690
UniCredit Bank AG           4.900    1/3/2020    EUR    73.390
UniCredit Bank AG           7.000    1/3/2020    EUR    67.130
Landesbank Baden-Wuerttem   3.000  12/29/2020    EUR    74.910
Landesbank Baden-Wuerttem   3.600  12/29/2020    EUR    74.380
UniCredit Bank AG           4.250  11/21/2021    EUR    72.240
UniCredit Bank AG           4.200  11/21/2021    EUR    65.500
UBS AG/London              18.000   6/25/2020    EUR    63.460
UBS AG/London              16.300   6/25/2020    EUR    68.390
UniCredit Bank AG           5.350   7/28/2020    EUR    75.710
Leonteq Securities AG/Gue   5.000    9/8/2020    CHF    42.860
Vontobel Financial Produc   6.000    1/3/2020    EUR    62.620
BNP Paribas Emissions- un   8.000   3/26/2020    EUR    67.060
BNP Paribas Emissions- un  10.000   3/26/2020    EUR    67.580
Vontobel Financial Produc  16.000   9/25/2020    EUR    68.700
UniCredit Bank AG           3.500   9/19/2021    EUR    53.310
DekaBank Deutsche Girozen   2.000   9/18/2020    EUR    75.490
Leonteq Securities AG/Gue   8.200    9/1/2020    CHF    73.350
DZ Bank AG Deutsche Zentr  10.250   3/25/2020    EUR    65.960
Commerzbank AG              2.100   8/28/2020    EUR    63.550
Landesbank Baden-Wuerttem   6.100   3/27/2020    EUR    61.640
Zurcher Kantonalbank Fina   6.750   2/19/2020    EUR    62.220
UniCredit Bank AG           5.000   9/26/2021    EUR    66.460
Landesbank Baden-Wuerttem   4.250   2/28/2020    EUR    59.980
Vontobel Financial Produc   5.500    1/3/2020    EUR    62.130
BNP Paribas Emissions- un   7.000   6/25/2020    EUR    67.050
BNP Paribas Emissions- un   8.000   6/25/2020    EUR    67.570
DekaBank Deutsche Girozen   3.650   3/27/2020    EUR    66.830
UniCredit Bank AG           3.800   9/19/2021    EUR    65.040
UniCredit Bank AG           3.850   9/19/2021    EUR    60.630
DZ Bank AG Deutsche Zentr   8.250   3/25/2020    EUR    61.610
Landesbank Baden-Wuerttem   4.450   8/28/2020    EUR    69.320
Leonteq Securities AG/Gue   5.200   7/28/2020    CHF    67.430
Landesbank Baden-Wuerttem   2.800   1/24/2020    EUR    76.390
Societe Generale SA         8.600   7/29/2022    USD    47.900
Landesbank Baden-Wuerttem   3.500   8/28/2020    EUR    74.900
Leonteq Securities AG/Gue   7.800   2/16/2021    USD    51.930
Landesbank Hessen-Thuerin   4.000  10/13/2021    EUR    66.240
Landesbank Hessen-Thuerin   6.250   7/15/2022    EUR    57.690
Landesbank Hessen-Thuerin   4.000   4/29/2020    EUR    77.070
Federal Grid Co Unified E   5.000   3/23/2050    RUB
Societe Generale Effekten   9.840   3/27/2020    EUR    67.210
Societe Generale Effekten  13.120   3/27/2020    EUR    65.150
Societe Generale Effekten   8.614   9/25/2020    EUR    74.680
Societe Generale Effekten  21.836   6/25/2021    EUR    71.180
Landesbank Baden-Wuerttem   3.500   6/25/2021    EUR    73.960
Bank Julius Baer & Co Ltd   8.100    5/5/2020    USD    74.600
Goldman Sachs & Co Wertpa  10.000   5/20/2020    EUR    70.400
Vontobel Financial Produc   8.000   3/27/2020    EUR    72.150
Vontobel Financial Produc   9.500   3/27/2020    EUR    70.390
Vontobel Financial Produc  17.000   3/27/2020    EUR    59.190
Vontobel Financial Produc  17.500   3/27/2020    EUR    68.680
Vontobel Financial Produc   5.000   3/27/2020    EUR    71.370
Landesbank Baden-Wuerttem   2.000   6/25/2021    EUR    74.890
Goldman Sachs & Co Wertpa   6.000   1/22/2020    EUR    60.920
Goldman Sachs & Co Wertpa   7.000   1/22/2020    EUR    63.300
Societe Generale Effekten   4.910  12/31/2019    EUR    71.650
Societe Generale Effekten   7.014  12/31/2019    EUR    64.620
Societe Generale Effekten   7.497   3/27/2020    EUR    73.580
Societe Generale Effekten   8.434   3/27/2020    EUR    70.150
Societe Generale Effekten   9.372   3/27/2020    EUR    70.440
Societe Generale Effekten   9.372   3/27/2020    EUR    67.070
Societe Generale Effekten  12.183   3/27/2020    EUR    64.870
Societe Generale Effekten  14.057   3/27/2020    EUR    65.440
Landesbank Baden-Wuerttem   6.500   6/25/2021    EUR    74.250
Goldman Sachs & Co Wertpa   5.000   1/22/2020    EUR    65.040
Goldman Sachs & Co Wertpa   5.000   2/26/2020    EUR    65.310
Goldman Sachs & Co Wertpa   5.000   3/25/2020    EUR    65.500
Landesbank Baden-Wuerttem   6.500   6/25/2021    EUR    60.670
Landesbank Baden-Wuerttem   5.000   6/25/2021    EUR    74.900
Landesbank Baden-Wuerttem   3.500   6/25/2021    EUR    76.480
Goldman Sachs & Co Wertpa   7.000  12/27/2019    EUR    62.830
Goldman Sachs & Co Wertpa   7.000   2/26/2020    EUR    61.710
Goldman Sachs & Co Wertpa   6.000   4/22/2020    EUR    66.310
Landesbank Baden-Wuerttem   3.000   6/25/2021    EUR    66.450
Societe Generale Effekten  10.309   3/27/2020    EUR    67.350
Societe Generale Effekten  11.246   3/27/2020    EUR    67.640
Societe Generale Effekten  11.714   3/27/2020    EUR    64.720
Societe Generale Effekten   9.490   6/26/2020    EUR    74.690
Societe Generale Effekten  11.863   6/26/2020    EUR    69.030
Societe Generale Effekten  14.829   6/26/2020    EUR    64.690
Societe Generale Effekten  17.795   6/26/2020    EUR    66.040
Landesbank Baden-Wuerttem   5.000   6/25/2021    EUR    62.170
Goldman Sachs & Co Wertpa   6.000  12/27/2019    EUR    60.400
Goldman Sachs & Co Wertpa   8.000   2/26/2020    EUR    64.140
Goldman Sachs & Co Wertpa   6.000   5/20/2020    EUR    66.750
Goldman Sachs & Co Wertpa  23.000   4/22/2020    EUR    75.010
Deutsche Bank AG            8.200   3/24/2020    EUR    72.400
Goldman Sachs & Co Wertpa  23.000   2/26/2020    EUR    74.850
Goldman Sachs & Co Wertpa  24.000   3/25/2020    EUR    73.540
Landesbank Hessen-Thuerin   5.000   8/11/2021    EUR    59.650
Raiffeisen Schweiz Genoss   7.410   7/13/2020    CHF    71.130
Deutsche Bank AG            8.200   6/23/2020    EUR    73.100
DZ Bank AG Deutsche Zentr   8.000   6/24/2020    EUR    73.200
Societe Generale Effekten   4.208  12/31/2019    EUR    71.610
Societe Generale Effekten   7.014  12/31/2019    EUR    71.770
Societe Generale Effekten   8.767  12/31/2019    EUR    64.720
Societe Generale Effekten   6.092   3/27/2020    EUR    73.150
Societe Generale Effekten   7.966   3/27/2020    EUR    70.010
Societe Generale Effekten   9.840   3/27/2020    EUR    70.580
Societe Generale Effekten  10.777   3/27/2020    EUR    67.500
Societe Generale Effekten  11.714   3/27/2020    EUR    67.780
Societe Generale Effekten  13.589   3/27/2020    EUR    62.510
Societe Generale Effekten   6.082   4/24/2020    EUR    73.230
Societe Generale Effekten   3.507  12/31/2019    EUR    71.570
Societe Generale Effekten   5.611  12/31/2019    EUR    71.690
Societe Generale Effekten   6.560   3/27/2020    EUR    73.290
Societe Generale Effekten  12.652   3/27/2020    EUR    65.010
Societe Generale Effekten  10.137   4/24/2020    EUR    67.830
Societe Generale Effekten  15.205   4/24/2020    EUR    63.830
Societe Generale Effekten   7.118   6/26/2020    EUR    73.610
DekaBank Deutsche Girozen   3.200    1/7/2020    EUR    79.770
Societe Generale Effekten   6.312  12/31/2019    EUR    71.730
Societe Generale Effekten  10.521  12/31/2019    EUR    64.820
Societe Generale Effekten   5.623   3/27/2020    EUR    73.010
Societe Generale Effekten   7.029   3/27/2020    EUR    73.440
Societe Generale Effekten   7.966   3/27/2020    EUR    73.720
Societe Generale Effekten   7.497   3/27/2020    EUR    69.860
Societe Generale Effekten   8.903   3/27/2020    EUR    70.290
Societe Generale Effekten  11.246   3/27/2020    EUR    64.580
Societe Generale Effekten  14.057   3/27/2020    EUR    62.660
Societe Generale Effekten   8.110   4/24/2020    EUR    73.960
Societe Generale Effekten  12.671   4/24/2020    EUR    68.740
DZ Bank AG Deutsche Zentr   9.000  12/27/2019    EUR    75.840
DZ Bank AG Deutsche Zentr   5.000   6/24/2020    EUR    71.970
Societe Generale Effekten   8.958   9/18/2020    EUR    70.620
Societe Generale Effekten  21.992  12/20/2019    EUR    48.850
Societe Generale Effekten  26.897  12/20/2019    EUR    71.010
Societe Generale Effekten   9.018   3/20/2020    EUR    68.050
Societe Generale Effekten   7.619   6/19/2020    EUR    70.250
Societe Generale Effekten  22.874   3/20/2020    EUR    55.350
Societe Generale Effekten  11.570   6/19/2020    EUR    65.660
Societe Generale Effekten  26.581  12/20/2019    EUR    67.080
Societe Generale Effekten   8.860  12/20/2019    EUR    70.380
Societe Generale Effekten  25.074   3/20/2020    EUR    63.290
Vontobel Financial Produc  15.500   6/26/2020    EUR    55.890
Societe Generale Effekten  22.874   3/20/2020    EUR    58.100
Societe Generale Effekten  14.077   3/20/2020    EUR    75.310
Vontobel Financial Produc  14.500   3/27/2020    EUR    61.390
Societe Generale Effekten  21.992  12/20/2019    EUR    71.290
Societe Generale Effekten   4.839   3/20/2020    EUR    73.930
Societe Generale Effekten   9.898   3/20/2020    EUR    67.050
Societe Generale Effekten  20.895   3/20/2020    EUR    59.140
Societe Generale Effekten  21.995   3/20/2020    EUR    58.640
Societe Generale Effekten  10.159   6/19/2020    EUR    70.670
Societe Generale Effekten  22.214   3/20/2020    EUR    65.240
Societe Generale Effekten   4.905  12/20/2019    EUR    66.080
Societe Generale Effekten  17.156   3/20/2020    EUR    58.210
Societe Generale Effekten   7.337   6/19/2020    EUR    71.170
Societe Generale Effekten  19.471   6/19/2020    EUR    60.810
Vontobel Financial Produc  13.500   6/12/2020    EUR    59.490
Vontobel Financial Produc  10.500   6/12/2020    EUR    58.030
SG Issuer SA                0.800  11/30/2020    SEK    18.200
UniCredit Bank AG           3.500   9/22/2020    EUR    72.740
SG Issuer SA                5.000   7/10/2021    EUR    12.500
DZ Bank AG Deutsche Zentr   5.000   9/21/2020    EUR    73.400
DZ Bank AG Deutsche Zentr   6.500   9/21/2020    EUR    68.610
DZ Bank AG Deutsche Zentr   4.750  12/21/2020    EUR    73.740
DZ Bank AG Deutsche Zentr   7.000  12/21/2020    EUR    73.670
DZ Bank AG Deutsche Zentr   6.500  12/21/2020    EUR    73.140
DZ Bank AG Deutsche Zentr   7.500   9/21/2020    EUR    71.560
DZ Bank AG Deutsche Zentr   9.250   9/23/2020    EUR
Vontobel Financial Produc   6.000   3/27/2020    EUR    72.360
Vontobel Financial Produc  13.500   6/25/2020    EUR    64.960
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    68.970
Landesbank Baden-Wuerttem   6.000   4/24/2020    EUR    71.750
DZ Bank AG Deutsche Zentr  12.500   4/22/2020    EUR    48.610
Vontobel Financial Produc   6.000   6/25/2020    EUR    73.260
Credit Suisse AG/London    10.000   4/20/2020    USD    72.470
Vontobel Financial Produc   9.500   3/27/2020    EUR    74.890
DZ Bank AG Deutsche Zentr   8.500   9/23/2020    EUR    77.010
EFG International Finance  15.000   4/23/2020    USD    45.310
Vontobel Financial Produc  13.000   3/27/2020    EUR    71.370
Vontobel Financial Produc   9.500   6/25/2020    EUR    68.490
Vontobel Financial Produc   9.500   6/26/2020    EUR    73.610
Leonteq Securities AG/Gue  19.610    9/4/2020    USD    60.670
Societe Generale Effekten  24.205   9/18/2020    EUR    74.470
Vontobel Financial Produc  11.000   9/25/2020    EUR    57.601
Vontobel Financial Produc  23.000   3/27/2020    EUR    71.120
Leonteq Securities AG/Gue   5.000   1/20/2020    CHF    23.410
National Capital JSC       10.000   9/15/2020    RUB    60.060
Leonteq Securities AG/Gue   5.000    5/3/2021    EUR    67.560
UniCredit Bank AG           4.500  11/18/2020    EUR    53.340
Vontobel Financial Produc  13.500   6/12/2020    EUR    74.140
Vontobel Financial Produc   9.500   6/12/2020    EUR    75.240
Vontobel Financial Produc  14.500   6/12/2020    EUR    69.710
Vontobel Financial Produc  17.000   6/12/2020    EUR    67.520
Landesbank Hessen-Thuerin   4.000  10/14/2020    EUR    37.660
DZ Bank AG Deutsche Zentr   6.900   3/23/2020    EUR    70.520
DZ Bank AG Deutsche Zentr  11.000   3/23/2020    EUR
DZ Bank AG Deutsche Zentr  10.000   6/22/2020    EUR
DZ Bank AG Deutsche Zentr  11.000   6/22/2020    EUR    63.270
DZ Bank AG Deutsche Zentr   9.250   9/21/2020    EUR    64.410
DZ Bank AG Deutsche Zentr  11.000   9/21/2020    EUR
SG Issuer SA                0.820    8/2/2021    SEK    19.810
Vontobel Financial Produc  14.500   3/27/2020    EUR    71.130
Vontobel Financial Produc  10.500   6/26/2020    EUR    68.910
Vontobel Financial Produc   5.000   3/27/2020    EUR    76.090
DZ Bank AG Deutsche Zentr   6.100   3/23/2020    EUR    72.550
VTB Bank PJSC               3.000   9/15/2044    RUB   100.000
DekaBank Deutsche Girozen   2.700    7/1/2020    EUR    72.080
Landesbank Hessen-Thuerin   7.770   7/15/2021    EUR    28.160
Leonteq Securities AG/Gue  20.000   6/24/2020    USD    63.390
Vontobel Financial Produc   9.000   6/25/2020    EUR    70.590
Vontobel Financial Produc   8.000   3/27/2020    EUR    72.110
Vontobel Financial Produc  20.500   3/27/2020    EUR    72.250
DZ Bank AG Deutsche Zentr   6.250   6/22/2020    EUR    67.920
DZ Bank AG Deutsche Zentr   5.000   6/22/2020    EUR    71.450
DZ Bank AG Deutsche Zentr   7.750   9/21/2020    EUR    67.130
DZ Bank AG Deutsche Zentr   6.000   9/21/2020    EUR    67.230
Vontobel Financial Produc  13.000   6/26/2020    EUR    73.740
Vontobel Financial Produc  18.500   6/26/2020    EUR    66.580
Landesbank Baden-Wuerttem   3.170   5/22/2020    EUR    70.290
Landesbank Hessen-Thuerin   4.000   6/16/2022    EUR    73.710
EFG International Finance   8.000   5/26/2020    USD    46.750
Landesbank Hessen-Thuerin   5.300   9/23/2022    EUR    68.570
HSBC Trinkaus & Burkhardt   5.400   3/27/2020    EUR    72.790
EFG International Finance   7.000  10/12/2020    EUR    64.280
UniCredit Bank AG           4.750  10/24/2021    EUR     9.310
HSBC Trinkaus & Burkhardt  11.100   6/26/2020    EUR    74.470
HSBC Trinkaus & Burkhardt   6.500   9/25/2020    EUR    49.200
HSBC Trinkaus & Burkhardt   2.900   9/25/2020    EUR    58.640
HSBC Trinkaus & Burkhardt   6.300   1/24/2020    EUR    47.010
HSBC Trinkaus & Burkhardt   9.500   2/28/2020    EUR    42.620
HSBC Trinkaus & Burkhardt   3.600   2/28/2020    EUR    53.590
HSBC Trinkaus & Burkhardt   2.600   3/27/2020    EUR    57.440
BNP Paribas Emissions- un  10.000   3/26/2020    EUR    66.770
BNP Paribas Emissions- un  13.000   3/26/2020    EUR    61.830
Landesbank Hessen-Thuerin   7.250   3/15/2023    EUR    49.460
Landesbank Baden-Wuerttem   3.350   8/28/2020    EUR    58.120
EFG International Finance   7.200  11/30/2020    EUR    67.050
Landesbank Baden-Wuerttem   2.500   7/24/2020    EUR    74.830
DZ Bank AG Deutsche Zentr   6.250   3/25/2020    EUR    67.030
Vontobel Financial Produc   8.500   6/26/2020    EUR    75.010
Landesbank Baden-Wuerttem   5.000   4/24/2020    EUR    71.430
HSBC Trinkaus & Burkhardt   5.100   3/27/2020    EUR    64.640
HSBC Trinkaus & Burkhardt   5.600   6/26/2020    EUR    64.130
HSBC Trinkaus & Burkhardt   7.700   9/25/2020    EUR    60.050
HSBC Trinkaus & Burkhardt   5.700   9/25/2020    EUR    64.170
HSBC Trinkaus & Burkhardt  10.600   3/27/2020    EUR    76.970
Bank Julius Baer & Co Ltd  15.300   3/23/2020    USD    69.650
Raiffeisen Switzerland BV   7.600   3/25/2020    EUR    66.890
HSBC Trinkaus & Burkhardt   8.000   6/26/2020    EUR    70.840
HSBC Trinkaus & Burkhardt   8.200   9/25/2020    EUR    70.520
HSBC Trinkaus & Burkhardt   5.400  12/28/2020    EUR    74.430
HSBC Trinkaus & Burkhardt   6.000   7/24/2020    EUR    74.070
HSBC Trinkaus & Burkhardt  10.300   6/26/2020    EUR    56.730
HSBC Trinkaus & Burkhardt  10.300   1/24/2020    EUR    55.720
HSBC Trinkaus & Burkhardt   9.400   7/24/2020    EUR    57.870
EFG International Finance   8.400    1/3/2020    CHF    24.530
Leonteq Securities AG       5.200  12/22/2020    CHF    61.160
Raiffeisen Schweiz Genoss   6.000    1/6/2020    CHF    50.480
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    61.540
BNP Paribas Emissions- un   3.500  12/30/2019    EUR    55.020
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    73.140
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    69.900
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    58.250
BNP Paribas Emissions- un  18.000  12/30/2019    EUR    55.620
BNP Paribas Emissions- un   4.500  12/30/2019    EUR    75.780
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    75.000
BNP Paribas Emissions- un  16.000  12/30/2019    EUR    75.340
BNP Paribas Emissions- un  20.000  12/30/2019    EUR    75.460
BNP Paribas Emissions- un  20.000  12/30/2019    EUR    71.720
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    71.500
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    66.420
BNP Paribas Emissions- un  16.000  12/30/2019    EUR    68.220
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    65.120
Vontobel Financial Produc   9.500    1/3/2020    EUR    64.390
Vontobel Financial Produc  13.500    1/3/2020    EUR    58.750
Vontobel Financial Produc   5.500    1/3/2020    EUR    71.330
Credit Suisse AG/London     6.600   5/22/2020    CHF    62.260
Credit Suisse AG/London     8.750   5/21/2020    USD    62.400
Vontobel Financial Produc   6.500    1/3/2020    EUR    72.620
Vontobel Financial Produc  10.000    1/3/2020    EUR    67.200
HSBC Trinkaus & Burkhardt   5.000   2/10/2020    EUR    54.690
HSBC Trinkaus & Burkhardt  11.400  12/27/2019    EUR    43.220
HSBC Trinkaus & Burkhardt   7.300  12/27/2019    EUR    48.950
HSBC Trinkaus & Burkhardt   5.000  12/27/2019    EUR    53.760
HSBC Trinkaus & Burkhardt  11.500   3/27/2020    EUR    43.710
HSBC Trinkaus & Burkhardt   9.800   3/27/2020    EUR    73.380
HSBC Trinkaus & Burkhardt  10.300   3/27/2020    EUR    45.000
HSBC Trinkaus & Burkhardt   6.900   3/27/2020    EUR    49.760
HSBC Trinkaus & Burkhardt   5.000   3/27/2020    EUR    53.950
HSBC Trinkaus & Burkhardt   9.400   2/28/2020    EUR    45.980
HSBC Trinkaus & Burkhardt   6.600  12/27/2019    EUR    69.740
HSBC Trinkaus & Burkhardt   3.900  12/27/2019    EUR    77.480
HSBC Trinkaus & Burkhardt   9.500   3/27/2020    EUR    71.330
HSBC Trinkaus & Burkhardt   7.700   3/27/2020    EUR    75.270
HSBC Trinkaus & Burkhardt   9.200   3/27/2020    EUR    68.750
HSBC Trinkaus & Burkhardt   6.500   6/26/2020    EUR    74.160
HSBC Trinkaus & Burkhardt   6.600   2/28/2020    EUR    74.220
HSBC Trinkaus & Burkhardt   7.300  12/27/2019    EUR    61.190
HSBC Trinkaus & Burkhardt   4.100  12/27/2019    EUR    69.790
HSBC Trinkaus & Burkhardt   5.400  12/27/2019    EUR    71.790
DZ Bank AG Deutsche Zentr   6.750  12/27/2019    EUR    59.960
DZ Bank AG Deutsche Zentr  11.250  12/27/2019    EUR    44.580
DZ Bank AG Deutsche Zentr   5.250  12/27/2019    EUR    72.390
Vontobel Financial Produc   5.750  11/27/2020    EUR    70.930
UBS AG/London               7.000   5/21/2020    EUR    73.450
DZ Bank AG Deutsche Zentr  14.500  12/27/2019    EUR    70.110
DZ Bank AG Deutsche Zentr   8.250  12/27/2019    EUR    67.870
Vontobel Financial Produc  10.500    1/3/2020    EUR    73.780
Vontobel Financial Produc  15.500    1/3/2020    EUR    65.370
Vontobel Financial Produc  17.650  12/17/2019    EUR    74.480
Vontobel Financial Produc  11.500    1/3/2020    EUR    71.580
Vontobel Financial Produc  13.000    1/3/2020    EUR    69.550
Societe Generale Effekten   6.507  12/20/2019    EUR    74.630
Societe Generale Effekten   7.288  12/20/2019    EUR    72.780
Societe Generale Effekten   8.849  12/20/2019    EUR    69.300
Societe Generale Effekten   9.890  12/20/2019    EUR    68.160
Societe Generale Effekten  10.671  12/20/2019    EUR    66.600
Societe Generale Effekten  13.534  12/20/2019    EUR    62.810
Societe Generale Effekten  23.164  12/20/2019    EUR    54.150
Societe Generale Effekten  24.205  12/20/2019    EUR    53.310
Societe Generale Effekten  24.986  12/20/2019    EUR    52.460
Societe Generale Effekten  29.411  12/20/2019    EUR    54.870
Vontobel Financial Produc  16.000   3/13/2020    EUR    64.830
Vontobel Financial Produc  16.000   3/13/2020    EUR    71.220
UniCredit Bank AG           6.400   5/11/2020    EUR    75.730
Leonteq Securities AG/Gue  18.400    4/8/2020    USD    68.250
Leonteq Securities AG/Gue  15.600    4/8/2020    EUR    67.450
Vontobel Financial Produc  16.000   6/26/2020    EUR    72.310
Vontobel Financial Produc   5.000   6/25/2020    EUR    51.260
Vontobel Financial Produc  13.000   6/26/2020    EUR    65.580
Vontobel Financial Produc   6.550   6/26/2020    EUR    60.350
Vontobel Financial Produc   4.500   3/27/2020    EUR    73.800
Vontobel Financial Produc   5.500   3/27/2020    EUR    71.820
Vontobel Financial Produc   7.500   3/27/2020    EUR    68.210
Vontobel Financial Produc   6.500   3/27/2020    EUR    69.950
Vontobel Financial Produc   9.000   3/27/2020    EUR    66.710
Vontobel Financial Produc  11.500   3/27/2020    EUR    63.870
Landesbank Baden-Wuerttem   5.400   7/24/2020    EUR    75.330
Vontobel Financial Produc  10.000   3/27/2020    EUR    65.170
Vontobel Financial Produc   5.500   6/26/2020    EUR    71.550
Vontobel Financial Produc   4.500   6/26/2020    EUR    73.140
Vontobel Financial Produc   7.500   6/26/2020    EUR    68.650
Vontobel Financial Produc   8.500   6/26/2020    EUR    67.340
Vontobel Financial Produc   9.500   6/26/2020    EUR    66.130
Vontobel Financial Produc   6.500   6/26/2020    EUR    70.050
Vontobel Financial Produc  10.500   6/26/2020    EUR    64.990
Vontobel Financial Produc  11.500   6/26/2020    EUR    63.940
Vontobel Financial Produc  16.000   3/27/2020    EUR    70.330
BNP Paribas Emissions- un  10.000   3/26/2020    EUR    75.390
BNP Paribas Emissions- un  14.000   3/26/2020    EUR    70.920
BNP Paribas Emissions- un  12.000   9/24/2020    EUR    73.070
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    72.670
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    70.400
BNP Paribas Emissions- un  21.000  12/30/2019    EUR    63.540
BNP Paribas Emissions- un  10.000   3/26/2020    EUR    73.770
BNP Paribas Emissions- un  14.000   3/26/2020    EUR    69.470
BNP Paribas Emissions- un  17.000   3/26/2020    EUR    67.410
BNP Paribas Emissions- un  19.000  12/30/2019    EUR    55.120
BNP Paribas Emissions- un   8.000   3/26/2020    EUR    70.490
BNP Paribas Emissions- un   7.000   9/24/2020    EUR    71.610
BNP Paribas Emissions- un   8.500   9/24/2020    EUR    69.200
BNP Paribas Emissions- un  10.000   9/24/2020    EUR    67.090
BNP Paribas Emissions- un   7.000  12/24/2020    EUR    72.920
BNP Paribas Emissions- un  11.000  12/24/2020    EUR    67.470
BNP Paribas Emissions- un  22.000  12/30/2019    EUR    69.370
BNP Paribas Emissions- un  18.000   3/26/2020    EUR    73.380
BNP Paribas Emissions- un  13.000  12/30/2019    EUR    73.110
BNP Paribas Emissions- un  16.000  12/30/2019    EUR    69.660
BNP Paribas Emissions- un  21.000  12/30/2019    EUR    73.990
BNP Paribas Emissions- un  11.000   9/24/2020    EUR    74.610
BNP Paribas Emissions- un  13.000  12/24/2020    EUR    73.600
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    73.030
BNP Paribas Emissions- un  15.000  12/30/2019    EUR    74.680
BNP Paribas Emissions- un  17.000   3/26/2020    EUR    76.910
BNP Paribas Emissions- un  17.000  12/30/2019    EUR    58.870
BNP Paribas Emissions- un   9.000   9/24/2020    EUR    70.210
BNP Paribas Emissions- un   7.500  12/24/2020    EUR    72.640
BNP Paribas Emissions- un  11.000  12/24/2020    EUR    68.580
Vontobel Financial Produc  11.000   6/26/2020    EUR    71.460
Vontobel Financial Produc   9.500   9/25/2020    EUR    72.970
Vontobel Financial Produc   6.500   9/25/2020    EUR    67.000
Vontobel Financial Produc   5.000   6/25/2020    EUR    69.180
BNP Paribas Emissions- un  18.000   3/26/2020    EUR    73.180
Landesbank Hessen-Thuerin   6.200   7/24/2020    EUR    77.980
Landesbank Hessen-Thuerin   6.400   8/18/2020    EUR    61.810
Landesbank Hessen-Thuerin   9.500   5/15/2020    EUR    33.810
UniCredit Bank AG           3.800   7/23/2020    EUR    26.320
Landesbank Hessen-Thuerin   8.000  11/17/2020    EUR    65.960
Rosselkhozbank JSC          8.100   7/11/2025    RUB    89.000
Rosselkhozbank JSC          8.100   7/14/2025    RUB    70.020
DekaBank Deutsche Girozen   2.500   7/29/2020    EUR    72.730
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    51.220
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    49.150
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    55.560
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    52.920
BNP Paribas Emissions- un   4.500  12/30/2019    EUR    64.890
BNP Paribas Emissions- un   4.500  12/30/2019    EUR    69.630
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    66.440
BNP Paribas Emissions- un   5.500  12/30/2019    EUR    65.460
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    71.530
BNP Paribas Emissions- un   9.000  12/30/2019    EUR    67.700
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    65.140
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    62.780
BNP Paribas Emissions- un   7.000  12/30/2019    EUR    61.780
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    50.380
BNP Paribas Emissions- un  11.000  12/30/2019    EUR    48.240
BNP Paribas Emissions- un   5.500  12/30/2019    EUR    71.050
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    61.470
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    58.890
BNP Paribas Emissions- un   4.000  12/30/2019    EUR    59.950
BNP Paribas Emissions- un   7.500  12/30/2019    EUR    74.790
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    70.720
Vontobel Financial Produc   9.000    6/5/2020    EUR    51.010
UniCredit Bank AG           4.000    6/7/2022    EUR    61.150
Raiffeisen Schweiz Genoss   5.200   12/1/2020    CHF    59.160
EFG International Finance  10.900   5/29/2020    USD    75.500
Leonteq Securities AG       7.400  11/25/2020    CHF    51.440
Raiffeisen Centrobank AG    5.500   6/30/2020    EUR    70.810
Leonteq Securities AG       6.200    6/8/2021    CHF    74.240
Deutsche Bank AG           15.000  12/24/2019    EUR    51.580
Deutsche Bank AG           15.000  12/24/2019    EUR    53.900
Deutsche Bank AG           15.000  12/24/2019    EUR    74.100
Deutsche Bank AG           15.000  12/24/2019    EUR    65.300
Deutsche Bank AG           15.000  12/24/2019    EUR    50.900
Deutsche Bank AG           15.000  12/24/2019    EUR    49.180
UBS AG/London               7.000    6/2/2020    CHF    58.250
Leonteq Securities AG/Gue   8.000  12/27/2019    CHF    73.060
UniCredit Bank AG           3.850   6/28/2022    EUR    64.740
Raiffeisen Centrobank AG    8.226   6/23/2020    EUR    68.620
Raiffeisen Centrobank AG   10.775  12/27/2019    EUR    68.690
Raiffeisen Centrobank AG    7.258   6/23/2020    EUR    70.880
Raiffeisen Centrobank AG    9.507  12/27/2019    EUR    71.000
Raiffeisen Centrobank AG    6.338  12/27/2019    EUR    71.110
Credit Suisse AG/Nassau     7.250    6/8/2020    EUR    69.740
UniCredit Bank AG           3.800   6/28/2022    EUR    63.830
Natixis SA                  3.150    6/9/2021    USD    61.322
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    54.180
Landesbank Baden-Wuerttem   5.300   2/28/2020    EUR    58.600
Landesbank Baden-Wuerttem   4.500   2/28/2020    EUR    70.250
Landesbank Hessen-Thuerin   3.500    7/6/2022    EUR    72.770
Raiffeisen Schweiz Genoss   4.800   12/8/2020    CHF    58.430
Leonteq Securities AG       5.200   6/11/2020    CHF    57.910
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    49.520
UBS AG/London              21.300    1/2/2020    EUR    53.930
UBS AG/London              13.900    1/2/2020    EUR    61.870
UBS AG/London              21.700    1/2/2020    EUR    59.920
UBS AG/London              11.100    1/2/2020    EUR    74.000
UBS AG/London               9.400    1/2/2020    EUR    67.540
UBS AG/London              14.500    1/2/2020    EUR    39.210
UBS AG/London              11.200    1/2/2020    EUR    63.700
UBS AG/London               9.800    1/2/2020    EUR    67.740
UBS AG/London              19.800    1/2/2020    EUR    59.000
UBS AG/London              21.400    1/2/2020    EUR    68.340
UBS AG/London              19.000    1/2/2020    EUR    62.860
UBS AG/London              19.600    1/2/2020    EUR    68.690
HSBC Trinkaus & Burkhardt  12.500   3/27/2020    EUR    41.110
HSBC Trinkaus & Burkhardt   6.900   3/27/2020    EUR    47.700
HSBC Trinkaus & Burkhardt   9.200   2/28/2020    EUR    44.180
Vontobel Financial Produc  10.500    1/3/2020    EUR    73.440
Vontobel Financial Produc  14.000    1/3/2020    EUR    66.960
Vontobel Financial Produc  17.500    1/3/2020    EUR    68.210
Vontobel Financial Produc  10.000    1/3/2020    EUR    73.730
Vontobel Financial Produc  15.000    1/3/2020    EUR    65.800
UBS AG/London              10.000   6/12/2020    EUR    73.700
Vontobel Financial Produc  10.500    1/3/2020    EUR    74.170
Vontobel Financial Produc   9.000    1/3/2020    EUR    72.730
HSBC Trinkaus & Burkhardt  10.000   3/27/2020    EUR    73.130
HSBC Trinkaus & Burkhardt  29.800   1/24/2020    EUR    73.820
HSBC Trinkaus & Burkhardt  28.800   1/24/2020    EUR    53.400
HSBC Trinkaus & Burkhardt  29.000   1/24/2020    EUR    59.530
HSBC Trinkaus & Burkhardt   8.800  12/27/2019    EUR    73.710
HSBC Trinkaus & Burkhardt  29.100   1/24/2020    EUR    50.380
HSBC Trinkaus & Burkhardt   8.300   3/27/2020    EUR    75.030
HSBC Trinkaus & Burkhardt   7.600  12/27/2019    EUR    44.910
HSBC Trinkaus & Burkhardt  11.600  12/27/2019    EUR    40.060
HSBC Trinkaus & Burkhardt   7.300   3/27/2020    EUR    45.920
HSBC Trinkaus & Burkhardt  10.600   3/27/2020    EUR    41.970
HSBC Trinkaus & Burkhardt  30.000   1/24/2020    EUR    59.660
UniCredit Bank AG           5.050   1/11/2022    EUR    47.180
HSBC Trinkaus & Burkhardt   1.620   3/27/2020    EUR    75.950
Vontobel Financial Produc  11.500    1/3/2020    EUR    57.550
Vontobel Financial Produc  11.000    1/3/2020    EUR    70.170
Vontobel Financial Produc   6.900  12/16/2019    EUR    69.410
Leonteq Securities AG/Gue  10.200  12/17/2019    EUR    73.960
Leonteq Securities AG/Gue   4.000  12/14/2020    CHF     1.190
HSBC Trinkaus & Burkhardt   4.000  12/30/2019    EUR    70.210
DZ Bank AG Deutsche Zentr  10.250   9/23/2020    EUR    69.620
BNP Paribas Emissions- un  22.000   3/26/2020    EUR    70.880
BNP Paribas Emissions- un  25.000   3/26/2020    EUR    69.780
BNP Paribas Emissions- un  21.000   3/26/2020    EUR    72.220
BNP Paribas Emissions- un  23.000   3/26/2020    EUR    75.020
BNP Paribas Emissions- un  20.000   3/26/2020    EUR    73.710
Landesbank Baden-Wuerttem   7.500  10/23/2020    EUR    74.930
Vontobel Financial Produc  10.000   6/12/2020    EUR    71.680
Vontobel Financial Produc  13.000   6/12/2020    EUR    69.350
Vontobel Financial Produc  13.500   6/26/2020    EUR    70.090
Vontobel Financial Produc   9.500   3/27/2020    EUR    73.060
Vontobel Financial Produc  13.000   3/27/2020    EUR    69.860
Vontobel Financial Produc  11.500   3/27/2020    EUR    71.470
Vontobel Financial Produc   9.500   6/26/2020    EUR    73.780
Vontobel Financial Produc  10.500   6/26/2020    EUR    72.280
Vontobel Financial Produc  12.000   6/26/2020    EUR    71.140
Vontobel Financial Produc  12.500   6/26/2020    EUR    75.090
Vontobel Financial Produc  17.000   6/26/2020    EUR    72.240
Vontobel Financial Produc  19.000   6/25/2020    EUR    73.280
Vontobel Financial Produc  24.000   3/27/2020    EUR    71.220
Raiffeisen Centrobank AG    5.333    3/5/2020    EUR    73.370
DekaBank Deutsche Girozen   3.450   7/31/2020    EUR    57.330
Leonteq Securities AG/Gue   5.000   8/17/2020    CHF    66.410
UBS AG/London               6.300    1/2/2020    EUR    73.680
UBS AG/London               3.800   3/26/2020    EUR    59.000
UBS AG/London               4.000    1/2/2020    EUR    66.650
Leonteq Securities AG/Gue  10.600   2/17/2020    CHF    58.270
Leonteq Securities AG       5.000   2/17/2021    CHF    58.330
UBS AG/London              10.000   8/10/2020    USD    58.910
UBS AG/London               6.000   2/10/2020    EUR    58.100
UBS AG/London               6.500   8/10/2020    CHF    66.300
UBS AG/London              10.000   8/10/2020    CHF    66.750
UBS AG/London               6.500    2/8/2021    EUR    69.200
Raiffeisen Schweiz Genoss   6.000   2/17/2020    CHF    61.060
Zurcher Kantonalbank Fina   6.250   2/13/2020    EUR    66.140
Credit Suisse AG/London     9.500   2/24/2020    USD    67.210
DZ Bank AG Deutsche Zentr   6.750  12/27/2019    EUR    53.850
DZ Bank AG Deutsche Zentr   8.750  12/27/2019    EUR    61.910
DZ Bank AG Deutsche Zentr   5.750  12/27/2019    EUR    72.660
DZ Bank AG Deutsche Zentr   9.000  12/27/2019    EUR    24.940
DZ Bank AG Deutsche Zentr  11.250  12/27/2019    EUR    62.200
Landesbank Hessen-Thuerin   4.000   9/14/2022    EUR    69.690
WEB Windenergie AG          2.250   9/25/2028    EUR    55.010
Leonteq Securities AG/Gue   5.600   8/24/2021    CHF    59.880
UBS AG/London               8.750   8/17/2020    CHF    37.350
UBS AG/London               9.500   8/17/2020    CHF    64.600
UBS AG/London              10.000   8/17/2020    CHF    66.400
UBS AG/London               9.000   8/17/2020    EUR    69.050
UBS AG/London               8.000   8/17/2020    EUR    61.050
UBS AG/London               7.000   8/17/2020    EUR    75.100
UBS AG/London               8.000   8/17/2020    CHF    61.650
Raiffeisen Schweiz Genoss   5.340   8/17/2020    CHF    71.720
DekaBank Deutsche Girozen   3.000   9/11/2020    EUR    65.700
Vontobel Financial Produc   3.840   2/17/2020    EUR    68.960
Leonteq Securities AG       8.000   8/24/2020    CHF    68.450
Raiffeisen Schweiz Genoss   6.500   2/24/2020    CHF    66.820
Raiffeisen Schweiz Genoss   5.250   2/24/2020    CHF    73.020
DZ Bank AG Deutsche Zentr  11.750   3/25/2020    EUR    53.780
Leonteq Securities AG/Gue   8.400  12/18/2019    CHF    21.260
HSBC Trinkaus & Burkhardt   8.600  12/27/2019    EUR    68.590
HSBC Trinkaus & Burkhardt   6.200   6/26/2020    EUR    72.740
UniCredit Bank AG           4.200    1/4/2021    EUR    53.640
Leonteq Securities AG/Gue   7.400  12/22/2020    CHF    73.560
Leonteq Securities AG/Gue   4.000  12/29/2020    CHF    37.650
DZ Bank AG Deutsche Zentr   6.250   3/25/2020    EUR
Landesbank Baden-Wuerttem   5.000   8/27/2021    EUR    71.940
UBS AG/London               7.000  10/26/2020    CHF    69.600
UBS AG/London              10.000   4/17/2020    EUR    67.100
UniCredit Bank AG           4.350  10/26/2021    EUR    44.230
Vontobel Financial Produc   8.500   3/27/2020    EUR    73.280
Raiffeisen Schweiz Genoss   6.250  12/18/2019    CHF    20.340
Leonteq Securities AG/Gue   7.000  12/15/2020    EUR    72.340
HSBC Trinkaus & Burkhardt   5.200   6/26/2020    EUR    73.940
HSBC Trinkaus & Burkhardt   9.900  12/27/2019    EUR    68.630
HSBC Trinkaus & Burkhardt   7.000   6/26/2020    EUR    67.900
HSBC Trinkaus & Burkhardt   5.700   6/26/2020    EUR    67.220
Vontobel Financial Produc  10.500   3/13/2020    EUR    71.080
Vontobel Financial Produc  14.500   3/13/2020    EUR    64.470
Vontobel Financial Produc  15.000   3/13/2020    EUR    70.980
BNP Paribas Emissions- un  10.000   3/26/2020    EUR    73.540
BNP Paribas Emissions- un  17.000   3/26/2020    EUR    71.140
BNP Paribas Emissions- un  19.000   6/25/2020    EUR    72.750
Leonteq Securities AG/Gue   5.000  10/13/2020    CHF    68.440
Societe Generale Effekten   3.750   5/24/2021    EUR    50.480
Bayerische Landesbank       3.200  11/20/2020    EUR    57.070
Landesbank Baden-Wuerttem   3.500  12/29/2020    EUR    63.690
Bank Julius Baer & Co Ltd   6.400   2/21/2020    EUR    59.200
BNP Paribas Emissions- un  12.000   3/26/2020    EUR    70.490
Landesbank Hessen-Thuerin   6.000   10/6/2022    EUR    68.510
DZ Bank AG Deutsche Zentr   8.000   2/26/2020    EUR    72.800
DekaBank Deutsche Girozen   2.400   10/9/2020    EUR    63.490
DekaBank Deutsche Girozen   2.900   10/9/2020    EUR    46.650
Landesbank Baden-Wuerttem   3.000   2/28/2020    EUR    63.150
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    57.170
Landesbank Baden-Wuerttem   7.500   2/28/2020    EUR    74.920
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    73.130
Landesbank Baden-Wuerttem   7.000   2/28/2020    EUR    68.820
UBS AG/London              10.000   2/20/2020    CHF    58.700
Raiffeisen Schweiz Genoss   6.600    4/3/2020    EUR    58.360
UniCredit Bank AG           6.300  10/16/2021    EUR    54.410
UniCredit Bank AG           4.650   4/16/2021    EUR    59.810
Vontobel Financial Produc  17.650   1/22/2020    EUR    38.720
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    76.130
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    71.290
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    72.800
Landesbank Baden-Wuerttem   2.500   7/24/2020    EUR    56.970
Landesbank Baden-Wuerttem   7.000   7/24/2020    EUR    46.860
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    74.890
Leonteq Securities AG/Gue   6.250   12/6/2021    CHF     1.780
UBS AG/London               6.800    1/2/2020    EUR    72.370
UBS AG/London               7.200    1/2/2020    EUR    70.330
UBS AG/London              20.700    1/2/2020    EUR    54.780
UBS AG/London               8.500    1/2/2020    EUR    69.990
UBS AG/London               5.600    1/2/2020    EUR    74.970
UBS AG/London              18.700    1/2/2020    EUR    71.540
HSBC Trinkaus & Burkhardt  13.900  12/27/2019    EUR    38.710
HSBC Trinkaus & Burkhardt   4.800  12/27/2019    EUR    51.200
HSBC Trinkaus & Burkhardt   5.000   3/27/2020    EUR    51.490
Leonteq Securities AG       3.600   9/22/2026    CHF    65.620
Raiffeisen Schweiz Genoss   3.000   9/21/2029    CHF    71.750
UniCredit Bank AG           3.500   1/29/2020    EUR    28.910
Leonteq Securities AG       3.900  12/20/2024    CHF    63.210
Raiffeisen Schweiz Genoss   3.200  12/18/2026    CHF    69.320
Leonteq Securities AG       4.000  12/18/2026    CHF    74.210
Raiffeisen Schweiz Genoss  10.000  12/31/2024    CHF    74.450
Credit Suisse AG/London     9.000   1/23/2020    USD     7.860
Raiffeisen Switzerland BV   4.800  11/23/2023    CHF    61.720
Landesbank Baden-Wuerttem   2.550  12/27/2021    EUR    74.720
DZ Bank AG Deutsche Zentr  12.000   6/24/2020    EUR    64.120
Vontobel Financial Produc   9.500   6/26/2020    EUR    60.150
Vontobel Financial Produc  17.000   3/27/2020    EUR    69.050
Leonteq Securities AG/Gue  16.400  12/14/2020    USD    71.550
Leonteq Securities AG/Gue   6.200   2/10/2021    CHF    67.790
UBS AG/London              10.000    8/3/2020    CHF    67.750
Raiffeisen Schweiz Genoss   6.000   2/10/2020    CHF    59.390
Vontobel Financial Produc   4.200    2/3/2020    EUR    57.490
Bayerische Landesbank       3.000   9/11/2020    EUR    74.800
Leonteq Securities AG/Gue   3.400   3/20/2024    CHF    56.930
UBS AG/London               9.500    2/3/2020    CHF    61.650
UBS AG/London               5.750    2/3/2020    CHF    59.200
UBS AG/London               6.000    8/3/2020    CHF    30.750
UBS AG/London               9.000    8/3/2020    EUR    71.450
Landesbank Baden-Wuerttem   5.000   3/27/2020    EUR    69.080
Landesbank Baden-Wuerttem   4.750   3/27/2020    EUR    73.330
Landesbank Baden-Wuerttem   5.200   3/27/2020    EUR    56.910
Bayerische Landesbank       3.300   9/11/2020    EUR    72.030
UniCredit Bank AG           3.600    3/5/2020    EUR    63.820
UniCredit Bank AG           3.750    9/7/2020    EUR    27.650
DZ Bank AG Deutsche Zentr   5.750   9/23/2020    EUR    66.750
DZ Bank AG Deutsche Zentr   4.250   9/23/2020    EUR
Landesbank Baden-Wuerttem   4.000   8/27/2021    EUR    73.670
Landesbank Baden-Wuerttem   6.000   8/27/2021    EUR    70.400
Bayerische Landesbank       3.300  10/30/2020    EUR    58.940
Landesbank Baden-Wuerttem   3.000  10/23/2020    EUR    66.030
UniCredit Bank AG           3.120   9/25/2020    EUR    52.340
UniCredit Bank AG           3.900  10/24/2021    EUR    65.040
HSBC Trinkaus & Burkhardt   4.400   9/25/2020    EUR    53.790
HSBC Trinkaus & Burkhardt   6.300   2/28/2020    EUR    47.270
HSBC Trinkaus & Burkhardt  12.300   6/26/2020    EUR    42.170
HSBC Trinkaus & Burkhardt   7.600   6/26/2020    EUR    47.030
UBS AG/London              12.000   6/19/2020    USD    64.770
Leonteq Securities AG/Gue   4.200    6/1/2021    CHF    37.680
Bayerische Landesbank       3.100   10/9/2020    EUR    58.990
Landesbank Hessen-Thuerin   4.000  12/22/2021    EUR    59.840
Bank Julius Baer & Co Ltd   6.250   10/5/2020    CHF    66.700
Leonteq Securities AG/Gue   7.000   4/16/2020    CHF    52.530
Landesbank Baden-Wuerttem   4.500   9/25/2020    EUR    73.220
Landesbank Baden-Wuerttem   6.000   9/25/2020    EUR    70.370
Societe Generale SA         9.000   7/22/2022    USD    47.100
EFG International Finance   6.000    8/3/2020    USD    50.950
EFG International Finance   6.600    8/3/2020    EUR    70.570
getBACK SA                  5.900  12/30/2020    PLN
UniCredit Bank AG           3.600   8/23/2021    EUR    56.530
Commerzbank AG              4.000  12/30/2019    EUR    71.800
EFG International Finance   7.200   10/5/2020    USD    54.900
HSBC Trinkaus & Burkhardt  10.100  12/27/2019    EUR    73.210
HSBC Trinkaus & Burkhardt   3.360  12/30/2019    EUR    69.060
EFG International Finance   7.000  11/23/2020    CHF    72.460
Landesbank Hessen-Thuerin   5.700  10/27/2022    EUR    57.980
Leonteq Securities AG/Gue   7.600   10/6/2020    CHF    75.300
Landesbank Baden-Wuerttem   3.000  12/29/2020    EUR    73.710
SG Issuer SA                6.800    1/6/2020    USD    59.010
DekaBank Deutsche Girozen   4.150   4/30/2020    EUR    70.420
HSBC Trinkaus & Burkhardt   8.700   9/25/2020    EUR    69.150
HSBC Trinkaus & Burkhardt   7.300   6/26/2020    EUR    71.930
HSBC Trinkaus & Burkhardt  10.000   1/24/2020    EUR    69.690
Landesbank Hessen-Thuerin   4.000   8/18/2021    EUR    44.260
UniCredit Bank AG           4.300   8/29/2020    EUR    73.640
Zurcher Kantonalbank Fina   6.250   8/24/2020    CHF    74.810
Bayerische Landesbank       2.700   9/18/2020    EUR    60.040
EFG International Finance   5.800   8/31/2020    EUR    69.950
DekaBank Deutsche Girozen   2.000   9/18/2020    EUR    57.770
UniCredit Bank AG           4.300   8/24/2021    EUR    72.310
Leonteq Securities AG/Gue   5.000   8/25/2020    CHF    68.890
Zurcher Kantonalbank Fina  12.250   2/27/2020    USD    70.710
BNP Paribas Emissions- un  14.000   3/26/2020    EUR    74.060
HSBC Trinkaus & Burkhardt   9.800   1/24/2020    EUR    45.440
Vontobel Financial Produc   6.000    1/3/2020    EUR    57.660
Vontobel Financial Produc   7.000    1/3/2020    EUR    75.130
Vontobel Financial Produc  10.500   3/27/2020    EUR    69.630
DZ Bank AG Deutsche Zentr   6.750  12/27/2019    EUR    58.960
DZ Bank AG Deutsche Zentr   4.750   6/24/2020    EUR    63.210
DZ Bank AG Deutsche Zentr   6.000   6/24/2020    EUR    73.920
Vontobel Financial Produc   7.500   3/27/2020    EUR    67.320
Vontobel Financial Produc   9.250   3/26/2020    EUR    59.280
DZ Bank AG Deutsche Zentr   7.500   6/24/2020    EUR    64.640
DZ Bank AG Deutsche Zentr   8.750   6/24/2020    EUR    61.790
Commerzbank AG             11.500   3/27/2020    EUR    72.050
Commerzbank AG              7.250   3/27/2020    EUR    71.650
DZ Bank AG Deutsche Zentr   8.500   6/24/2020    EUR    75.340
DZ Bank AG Deutsche Zentr  11.000   6/24/2020    EUR    74.760
Commerzbank AG              6.000   3/27/2020    EUR    69.220
Commerzbank AG              8.000   3/27/2020    EUR    65.700
Leonteq Securities AG/Gue   5.000  12/27/2019    EUR    58.880
HSBC Trinkaus & Burkhardt   7.400   3/27/2020    EUR    73.020
HSBC Trinkaus & Burkhardt   8.800   7/24/2020    EUR    69.250
Leonteq Securities AG/Gue   5.400   6/30/2020    CHF    61.870
BNP Paribas Emissions- un   8.000  12/30/2019    EUR    61.230
Luzerner Kantonalbank AG   10.000   8/28/2020    CHF    72.780
Landesbank Baden-Wuerttem   2.900  10/23/2020    EUR    71.480
Landesbank Hessen-Thuerin   7.000    1/9/2023    EUR    51.120
Leonteq Securities AG      15.000   5/15/2020    CHF    40.600
Leonteq Securities AG/Gue   4.900   2/16/2021    CHF    49.480
EFG International Finance   5.500   9/21/2020    USD    53.060
EFG International Finance   8.000  11/23/2020    EUR    50.150
EFG International Finance   7.800  11/24/2020    USD    70.130
Credit Suisse AG/London     8.500   2/26/2020    CHF    60.980
UniCredit Bank AG           4.500  11/12/2022    EUR    63.860
UniCredit Bank AG           3.800  10/24/2021    EUR    64.940
UBS AG/London               7.000   3/27/2020    CHF    61.550
HSBC Trinkaus & Burkhardt   7.200  12/27/2019    EUR    67.880
HSBC Trinkaus & Burkhardt   5.100   6/26/2020    EUR    51.670
HSBC Trinkaus & Burkhardt   3.300   6/26/2020    EUR    56.940
HSBC Trinkaus & Burkhardt   8.800   9/25/2020    EUR    46.030
HSBC Trinkaus & Burkhardt   3.400   1/24/2020    EUR    53.640
HSBC Trinkaus & Burkhardt  10.400   6/26/2020    EUR    43.790
Leonteq Securities AG/Gue   8.100    4/6/2020    CHF    64.920
Landesbank Hessen-Thuerin   3.000    8/6/2021    EUR    63.200
getBACK SA                  5.700   4/30/2021    PLN
Leonteq Securities AG/Gue   2.750   9/15/2022    CHF    40.150
Raiffeisen Schweiz Genoss   3.000   9/22/2020    CHF    15.390
Raiffeisen Schweiz Genoss   2.700   9/22/2026    CHF    59.800
Leonteq Securities AG/Gue   6.000    4/2/2020    CHF    72.620
HSBC Trinkaus & Burkhardt   5.600  12/28/2020    EUR    48.720
Landesbank Hessen-Thuerin   5.400  11/24/2022    EUR    70.080
DZ Bank AG Deutsche Zentr   7.750   3/23/2020    EUR
Credit Suisse AG/London    13.000   3/27/2020    USD    73.210
Landesbank Hessen-Thuerin   6.000    8/4/2022    EUR    67.690
HSBC Trinkaus & Burkhardt   7.200   9/25/2020    EUR    71.330
Raiffeisen Schweiz Genoss   5.000   1/10/2020    EUR    73.470
Leonteq Securities AG/Gue   6.600   6/30/2020    CHF    74.440
Vontobel Financial Produc  12.000   3/27/2020    EUR    61.400
Vontobel Financial Produc  27.000   6/26/2020    EUR    63.500
DZ Bank AG Deutsche Zentr  16.000   2/26/2020    EUR    66.290
UBS AG/London              15.000   8/21/2020    CHF    61.690
Credit Suisse AG/London    13.100   7/31/2020    USD    65.130
DZ Bank AG Deutsche Zentr   4.750   6/24/2020    EUR    68.310
Landesbank Baden-Wuerttem   6.500   1/22/2021    EUR    74.750
Vontobel Financial Produc  24.550   3/27/2020    EUR    64.170
Vontobel Financial Produc   7.000   9/25/2020    EUR    67.330
DZ Bank AG Deutsche Zentr   5.000   6/22/2020    EUR    72.790
DZ Bank AG Deutsche Zentr   6.250   6/22/2020    EUR    73.350
DZ Bank AG Deutsche Zentr   7.500   3/25/2020    EUR
DZ Bank AG Deutsche Zentr   8.000   9/23/2020    EUR    71.640
Vontobel Financial Produc  23.500  12/31/2019    EUR    63.320
Vontobel Financial Produc   9.500   6/26/2020    EUR    73.950
Vontobel Financial Produc   6.000   6/25/2020    EUR    69.220
DZ Bank AG Deutsche Zentr   6.250   9/21/2020    EUR    74.070
DZ Bank AG Deutsche Zentr   7.000   9/21/2020    EUR    69.320
BNP Paribas Emissions- un  12.000   3/26/2020    EUR    74.080
BNP Paribas Emissions- un  19.000   3/26/2020    EUR    71.680
BNP Paribas Emissions- un  23.000   3/26/2020    EUR    70.590
BNP Paribas Emissions- un  14.000   6/25/2020    EUR    73.880
BNP Paribas Emissions- un  17.000   6/25/2020    EUR    71.720
BNP Paribas Emissions- un  16.000   3/26/2020    EUR    72.640
Vontobel Financial Produc  11.550  12/31/2019    EUR    62.540
Bank Julius Baer & Co Ltd   9.300   3/16/2020    USD    62.400
HSBC Trinkaus & Burkhardt   6.300   3/27/2020    EUR    74.360
HSBC Trinkaus & Burkhardt   5.900   1/24/2020    EUR    67.760
HSBC Trinkaus & Burkhardt   9.200   1/24/2020    EUR    70.540
DZ Bank AG Deutsche Zentr   6.250  12/27/2019    EUR    69.180
UBS AG/London               5.250    6/1/2020    USD    65.050
Landesbank Baden-Wuerttem   6.000  10/23/2020    EUR    74.430
Landesbank Baden-Wuerttem   3.000  10/23/2020    EUR    74.190
BNP Paribas Emissions- un   5.000  12/30/2019    EUR    73.340
Landesbank Baden-Wuerttem   7.000  10/23/2020    EUR    71.540
DekaBank Deutsche Girozen   6.300    7/3/2020    EUR    56.800
Leonteq Securities AG/Gue   7.200   12/8/2020    USD    69.690
Landesbank Baden-Wuerttem   5.000   3/27/2020    EUR    63.530
Landesbank Baden-Wuerttem   7.000   3/27/2020    EUR    59.330
Landesbank Baden-Wuerttem   4.500   3/27/2020    EUR    72.490
Vontobel Financial Produc  15.500    1/3/2020    EUR    68.160
Vontobel Financial Produc   9.000    1/3/2020    EUR    72.480
Vontobel Financial Produc   5.500    1/3/2020    EUR    75.900
Vontobel Financial Produc   7.000    1/3/2020    EUR    71.380
Vontobel Financial Produc   9.000    1/3/2020    EUR    67.400
Goldman Sachs & Co Wertpa  23.000  12/27/2019    EUR    74.830
Goldman Sachs & Co Wertpa  20.000  12/27/2019    EUR    71.600
Vontobel Financial Produc  30.000   3/27/2020    EUR    61.680
Vontobel Financial Produc  20.000   3/27/2020    EUR    67.490
Vontobel Financial Produc  20.000   9/25/2020    EUR    57.210
Vontobel Financial Produc  21.000   9/25/2020    EUR    68.550
Vontobel Financial Produc  22.000   9/25/2020    EUR    67.660
Vontobel Financial Produc  23.000   9/25/2020    EUR    66.860
Vontobel Financial Produc  18.500   9/25/2020    EUR    70.260
Vontobel Financial Produc  25.000   6/26/2020    EUR    65.810
Vontobel Financial Produc  24.500   9/25/2020    EUR    66.530
UBS AG/London               5.500   1/17/2020    CHF    72.900
Raiffeisen Schweiz Genoss   7.840   1/22/2020    CHF    65.930
UniCredit Bank AG           5.900   2/12/2021    EUR    57.640
Deutsche Bank AG            6.200  12/24/2019    EUR    46.380
Deutsche Bank AG            6.200  12/24/2019    EUR    74.680
Deutsche Bank AG            6.200  12/24/2019    EUR    58.310
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    47.110
Deutsche Bank AG            5.200  12/24/2019    EUR    48.230
Deutsche Bank AG            5.200  12/24/2019    EUR    60.360
Deutsche Bank AG            5.200  12/24/2019    EUR    48.880
Raiffeisen Schweiz Genoss   6.450   1/22/2020    CHF    71.570
Leonteq Securities AG/Gue   8.000   1/17/2020    CHF    47.000
Raiffeisen Schweiz Genoss   7.000   1/15/2020    CHF    70.420
Landesbank Baden-Wuerttem   3.000   3/26/2021    EUR    74.840
Landesbank Baden-Wuerttem   3.000   3/26/2021    EUR    75.390
Deutsche Bank AG            6.200  12/24/2019    EUR    50.240
Deutsche Bank AG            6.200  12/24/2019    EUR    72.770
Landesbank Hessen-Thuerin   6.500   2/16/2023    EUR    69.700
DekaBank Deutsche Girozen   2.800   2/12/2021    EUR    73.630
Leonteq Securities AG/Gue   7.200   7/29/2020    CHF    72.400
Raiffeisen Schweiz Genoss   6.250   1/29/2020    CHF    72.850
DekaBank Deutsche Girozen   2.900   2/14/2020    EUR    67.810
Leonteq Securities AG/Gue   7.000   1/29/2020    CHF    69.780
Leonteq Securities AG/Gue   8.200   1/29/2020    EUR    57.570
Leonteq Securities AG/Gue   8.000   7/29/2020    EUR    59.860
Credit Suisse AG/London     9.000   3/19/2021    USD     9.549
UBS AG/London               7.500   3/16/2020    EUR    75.600
UBS AG/London               9.750    3/9/2020    EUR    66.600
DZ Bank AG Deutsche Zentr   5.500   6/24/2020    EUR    66.490
DZ Bank AG Deutsche Zentr   8.500   6/24/2020    EUR    63.930
DZ Bank AG Deutsche Zentr  11.000   6/24/2020    EUR    62.140
DekaBank Deutsche Girozen   3.400   1/24/2020    EUR    56.640
Deutsche Bank AG            4.200  12/24/2019    EUR    45.000
Deutsche Bank AG            6.200  12/24/2019    EUR    57.030
Deutsche Bank AG            6.200  12/24/2019    EUR    54.800
Deutsche Bank AG            4.200  12/24/2019    EUR    54.740
Deutsche Bank AG            4.200  12/24/2019    EUR    52.360
Deutsche Bank AG            4.200  12/24/2019    EUR    74.520
Deutsche Bank AG            4.200  12/24/2019    EUR    72.960
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            4.200  12/24/2019    EUR    58.800
Deutsche Bank AG            4.200  12/24/2019    EUR    56.000
Deutsche Bank AG            4.200  12/24/2019    EUR    75.400
Deutsche Bank AG            6.200  12/24/2019    EUR    67.620
Deutsche Bank AG            4.200  12/24/2019    EUR    74.840
EFG International Finance   7.400   1/11/2021    USD    73.180
EFG International Finance   7.200   1/25/2021    EUR    57.270
Leonteq Securities AG/Gue  10.000   3/16/2020    USD    57.940
Corner Banca SA             7.400   7/22/2020    CHF    64.040
Leonteq Securities AG/Gue   6.600   1/22/2020    EUR    70.780
Raiffeisen Centrobank AG    9.940  12/27/2019    EUR    57.690
Raiffeisen Centrobank AG    6.026  12/27/2019    EUR    55.030
UniCredit Bank AG           3.250   2/27/2022    EUR    61.510
Leonteq Securities AG/Gue   6.800   3/16/2020    CHF    70.500
Landesbank Hessen-Thuerin   4.000   8/26/2020    EUR    55.000
Raiffeisen Schweiz Genoss   7.000   9/23/2020    EUR    60.100
Raiffeisen Centrobank AG    8.395  12/27/2019    EUR    57.020
Raiffeisen Centrobank AG    5.665  12/27/2019    EUR    55.780
Zurcher Kantonalbank Fina   5.750   1/30/2020    CHF    18.390
Federal Grid Co Unified E   5.300    9/7/2048    RUB    63.150
UBS AG/London              12.500   3/16/2020    CHF    39.400
EFG International Finance   7.400   3/29/2021    EUR    61.900
Zurcher Kantonalbank Fina   7.150   3/19/2020    CHF    19.310
Leonteq Securities AG/Gue   9.000   3/16/2020    CHF    52.670
Landesbank Hessen-Thuerin   4.000   8/26/2020    EUR    63.200
VTB Bank PJSC               3.000    9/1/2044    RUB   100.000
Commerzbank AG             18.250  12/31/2019    EUR    69.610
Commerzbank AG             16.750   3/27/2020    EUR    70.950
Commerzbank AG             16.000   4/24/2020    EUR    71.790
Vontobel Financial Produc  14.000   6/26/2020    EUR    72.200
Vontobel Financial Produc  15.000   6/26/2020    EUR    70.890
Vontobel Financial Produc  16.000   3/27/2020    EUR    71.350
Vontobel Financial Produc  19.500   3/27/2020    EUR    69.040
Vontobel Financial Produc  16.500   6/25/2020    EUR    71.970
Vontobel Financial Produc  15.500   3/27/2020    EUR    72.960
Vontobel Financial Produc  17.000   3/27/2020    EUR    71.280
Vontobel Financial Produc  18.500   3/27/2020    EUR    69.690
Vontobel Financial Produc  19.500   6/26/2020    EUR    68.820
Vontobel Financial Produc  18.500   6/26/2020    EUR    69.920
Vontobel Financial Produc  17.000   6/26/2020    EUR    70.830
Vontobel Financial Produc  16.000   6/26/2020    EUR    72.070
Vontobel Financial Produc  21.000   6/26/2020    EUR    68.060
Vontobel Financial Produc  13.000   3/27/2020    EUR    74.100
Vontobel Financial Produc  15.000   3/27/2020    EUR    70.420
Vontobel Financial Produc  12.000   3/27/2020    EUR    73.750
Vontobel Financial Produc  12.500   6/26/2020    EUR    73.340
Vontobel Financial Produc  13.500   3/27/2020    EUR    72.030
EFG International Finance   7.200    2/8/2021    EUR    75.690
DekaBank Deutsche Girozen   4.250   10/9/2020    EUR    55.470
Federal Grid Co Unified E   5.000   6/30/2048    RUB    66.930
Leonteq Securities AG/Gue   8.000    8/5/2020    CHF    73.120
EFG International Finance   8.600    2/7/2020    USD    48.960
DekaBank Deutsche Girozen   6.300   10/9/2020    EUR    66.280
Leonteq Securities AG/Gue   9.000    8/5/2020    USD    73.550
Podkarpacki Bank Spoldzie   5.790   3/31/2025    PLN    38.000
Business-Consulting OAO     8.500   3/26/2020    RUB    60.060
UniCredit Bank AG           3.500  12/19/2019    EUR    29.930
Raiffeisen Schweiz Genoss   6.070   1/29/2020    CHF    74.930
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    73.860
UniCredit Bank AG           4.200   2/19/2022    EUR    65.630
UniCredit Bank AG          12.900    1/3/2020    EUR    60.930
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    62.700
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    57.260
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    61.490
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    55.750
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    67.940
Landesbank Baden-Wuerttem   4.000   7/24/2020    EUR    24.770
Landesbank Hessen-Thuerin   4.100   7/13/2020    EUR    75.000
BNP Paribas Emissions- un   8.500  12/30/2019    EUR    71.090
BNP Paribas Emissions- un   9.500  12/30/2019    EUR    66.500
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    54.310
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    50.240
BNP Paribas Emissions- un  12.000  12/30/2019    EUR    72.580
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    59.410
DekaBank Deutsche Girozen   3.600  12/20/2019    EUR    57.740
Vontobel Financial Produc  16.500   3/13/2020    EUR    70.240
Vontobel Financial Produc  16.500   3/13/2020    EUR    60.080
Vontobel Financial Produc  14.500   6/12/2020    EUR    68.130
Fonciere Volta SA           4.500   7/30/2020    EUR     2.360
UniCredit Bank AG           4.750   3/26/2021    EUR    72.820
Deutsche Bank AG            7.200  12/24/2019    EUR    48.000
Deutsche Bank AG            7.200  12/24/2019    EUR    58.830
Deutsche Bank AG            7.200  12/24/2019    EUR    73.050
Deutsche Bank AG            7.200  12/24/2019    EUR    62.650
Deutsche Bank AG            7.200  12/24/2019    EUR    56.090
Deutsche Bank AG            7.200  12/24/2019    EUR    53.550
Deutsche Bank AG            7.200  12/24/2019    EUR    44.300
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    67.340
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    56.860
Landesbank Baden-Wuerttem   3.000   7/24/2020    EUR    65.680
Landesbank Baden-Wuerttem   4.000   7/24/2020    EUR    62.650
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    70.900
UniCredit Bank AG          14.500    1/3/2020    EUR    53.230
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    63.310
UniCredit Bank AG          10.900    1/3/2020    EUR    37.150
UniCredit Bank AG           7.800    1/3/2020    EUR    67.030
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    61.150
UniCredit Bank AG          14.700    1/3/2020    EUR    34.460
Landesbank Baden-Wuerttem   4.000   7/24/2020    EUR    70.460
Bank Julius Baer & Co Ltd   6.150   1/10/2020    CHF    75.800
UBS AG/London              11.000   6/29/2020    CHF    60.850
UBS AG/London               5.750   6/29/2020    CHF    74.800
UBS AG/London               6.500   6/29/2020    CHF    61.350
UBS AG/London               3.200   3/26/2020    EUR    60.390
UBS AG/London               7.300    1/2/2020    EUR    69.160
Leonteq Securities AG       7.600   7/13/2021    CHF    70.750
Leonteq Securities AG/Gue   6.200   1/13/2021    CHF    68.160
TGC-1 PJSC                  5.800   2/14/2022    RUB    70.000
Polski Bank Spoldzielczy    4.790   6/22/2021    PLN    61.000
Credit Suisse AG/London     6.250  11/28/2025    USD    11.627
DZ Bank AG Deutsche Zentr   8.000   9/23/2020    EUR    71.190
Vontobel Financial Produc  20.000   9/25/2020    EUR    54.370
Societe Generale Effekten  24.650   9/18/2020    EUR    73.780
Leonteq Securities AG      12.000   8/28/2020    CHF    52.540
Vontobel Financial Produc  22.000   9/25/2020    EUR    66.680
Societe Generale Effekten  23.702   9/18/2020    EUR    73.910
Societe Generale Effekten  25.598   9/18/2020    EUR    73.670
Societe Generale Effekten  10.036  12/20/2019    EUR    64.540
Vontobel Financial Produc  20.000   9/25/2020    EUR    65.670
Vontobel Financial Produc  13.000   9/25/2020    EUR    50.775
Landesbank Baden-Wuerttem   3.000   4/24/2020    EUR    72.760
Landesbank Baden-Wuerttem   6.500   4/24/2020    EUR    65.440
Landesbank Baden-Wuerttem   6.000   4/24/2020    EUR    69.210
Polski Bank Spoldzielczy    4.790  11/26/2024    PLN    45.000
Landesbank Hessen-Thuerin   4.000   4/20/2022    EUR    63.190
DekaBank Deutsche Girozen   3.000   7/31/2020    EUR    58.710
Landesbank Baden-Wuerttem   3.000   7/24/2020    EUR    68.800
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    75.840
Landesbank Baden-Wuerttem   6.500   7/24/2020    EUR    71.680
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    70.870
UniCredit Bank AG           5.200    1/3/2020    EUR    54.010
UniCredit Bank AG           5.000   2/12/2021    EUR    66.070
Deutsche Bank AG            6.200  12/24/2019    EUR    45.000
Deutsche Bank AG            6.200  12/24/2019    EUR    69.900
Deutsche Bank AG            6.200  12/24/2019    EUR    71.500
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    49.060
Deutsche Bank AG            6.200  12/24/2019    EUR    45.300
Deutsche Bank AG            5.200  12/24/2019    EUR    46.000
Deutsche Bank AG            5.200  12/24/2019    EUR    50.210
Deutsche Bank AG            5.200  12/24/2019    EUR    48.200
DekaBank Deutsche Girozen   7.050   10/9/2020    EUR    51.800
Leonteq Securities AG/Gue   7.000    2/5/2020    CHF    18.220
Landesbank Baden-Wuerttem   2.000   7/24/2020    EUR    70.300
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    61.930
Landesbank Baden-Wuerttem   3.000   7/24/2020    EUR    74.830
Landesbank Baden-Wuerttem   6.500   7/24/2020    EUR    65.800
Deutsche Bank AG            6.200  12/24/2019    EUR    46.000
Deutsche Bank AG            6.200  12/24/2019    EUR    48.230
Deutsche Bank AG            6.200  12/24/2019    EUR    67.630
Deutsche Bank AG            6.200  12/24/2019    EUR    60.350
Deutsche Bank AG            5.200  12/24/2019    EUR    72.990
Deutsche Bank AG            5.200  12/24/2019    EUR    75.000
Deutsche Bank AG            5.200  12/24/2019    EUR    58.280
Deutsche Bank AG            5.200  12/24/2019    EUR    50.500
DekaBank Deutsche Girozen   4.250   4/14/2022    EUR    73.470
UBS AG/London               6.750   1/17/2020    CHF    67.950
Zurcher Kantonalbank Fina   3.500   1/23/2020    CHF    17.670
Deutsche Bank AG            6.200  12/24/2019    EUR    72.300
Deutsche Bank AG            6.200  12/24/2019    EUR    43.300
Deutsche Bank AG            6.200  12/24/2019    EUR    73.020
Deutsche Bank AG            6.200  12/24/2019    EUR    73.600
Deutsche Bank AG            6.200  12/24/2019    EUR    56.370
Deutsche Bank AG            6.200  12/24/2019    EUR    50.500
Leonteq Securities AG/Gue   5.500   1/30/2020    CHF    62.900
UBS AG/London               6.250   1/17/2020    CHF    41.000
Raiffeisen Schweiz Genoss   7.500    2/5/2020    CHF    70.840
Landesbank Baden-Wuerttem   3.500   7/24/2020    EUR    60.670
Landesbank Baden-Wuerttem   4.000   7/24/2020    EUR    64.900
Landesbank Baden-Wuerttem   5.500   7/24/2020    EUR    67.780
Landesbank Baden-Wuerttem   2.500   7/24/2020    EUR    65.060
Landesbank Baden-Wuerttem   4.500   7/24/2020    EUR    58.570
Vontobel Financial Produc   5.250   2/21/2020    EUR    62.310
Landesbank Hessen-Thuerin   2.750  10/23/2020    EUR    75.800
Leonteq Securities AG/Gue  10.000    2/5/2020    EUR    60.440
Erste Group Bank AG         6.250   3/29/2023    EUR    70.150
UniCredit Bank AG           6.300   3/26/2021    EUR    52.880
Deutsche Bank AG            7.200  12/24/2019    EUR    56.100
Deutsche Bank AG            7.200  12/24/2019    EUR    53.610
Deutsche Bank AG            7.200  12/24/2019    EUR    67.660
Deutsche Bank AG            7.200  12/24/2019    EUR    47.200
UniCredit Bank AG           4.250   3/29/2021    EUR    62.320
UniCredit Bank AG           3.630   3/12/2020    EUR    59.030
UBS AG/London              12.000    3/9/2020    CHF    40.950
UBS AG/London              11.250    3/9/2020    EUR    62.550
Deutsche Bank AG            4.200  12/24/2019    EUR    46.800
Deutsche Bank AG            4.200  12/24/2019    EUR    43.200
Deutsche Bank AG            6.200  12/24/2019    EUR    52.420
Deutsche Bank AG            6.200  12/24/2019    EUR    75.170
Deutsche Bank AG            4.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    58.670
Deutsche Bank AG            6.200  12/24/2019    EUR    56.060
Deutsche Bank AG            4.200  12/24/2019    EUR    53.290
Deutsche Bank AG            6.200  12/24/2019    EUR    75.500
Deutsche Bank AG            4.200  12/24/2019    EUR    67.560
EFG International Finance   7.600   1/11/2021    CHF    69.470
EFG International Finance   8.400   1/10/2020    USD    51.700
UBS AG/London               5.400    1/2/2020    EUR    53.680
EFG International Finance   7.400   1/25/2021    CHF    68.760
Deutsche Bank AG            7.200  12/24/2019    EUR    74.710
UniCredit Bank AG           4.050   3/26/2021    EUR    51.820
UniCredit Bank AG           4.600   3/26/2021    EUR    57.230
Deutsche Bank AG            7.200  12/24/2019    EUR    46.900
Deutsche Bank AG            7.200  12/24/2019    EUR    57.430
Deutsche Bank AG            7.200  12/24/2019    EUR    54.470
Deutsche Bank AG            7.200  12/24/2019    EUR    52.450
Deutsche Bank AG            7.200  12/24/2019    EUR    74.610
Deutsche Bank AG            7.200  12/24/2019    EUR    56.320
Deutsche Bank AG            7.200  12/24/2019    EUR    65.060
Deutsche Bank AG            7.200  12/24/2019    EUR    58.880
Deutsche Bank AG            7.200  12/24/2019    EUR    48.900
UniCredit Bank AG           3.250   3/29/2022    EUR    26.860
UBS AG/London               8.500    3/9/2020    USD    53.650
Leonteq Securities AG/Gue   8.000   7/22/2020    CHF    64.530
Raiffeisen Schweiz Genoss  10.020   1/15/2020    EUR    68.680
Bank Julius Baer & Co Ltd   8.800   1/24/2020    EUR    65.200
DekaBank Deutsche Girozen   2.000   1/22/2021    EUR    69.100
Deutsche Bank AG            4.200  12/24/2019    EUR    47.900
Deutsche Bank AG            6.200  12/24/2019    EUR    48.900
Deutsche Bank AG            4.200  12/24/2019    EUR    60.210
Deutsche Bank AG            6.200  12/24/2019    EUR    60.270
Deutsche Bank AG            4.200  12/24/2019    EUR    57.340
DZ Bank AG Deutsche Zentr  12.000   3/25/2020    EUR    60.490
UniCredit Bank AG           8.000  12/29/2020    EUR    75.150
Vontobel Financial Produc  15.000   6/26/2020    EUR    73.730
Commerzbank AG             11.000   5/22/2020    EUR    71.960
DZ Bank AG Deutsche Zentr  14.500  12/27/2019    EUR    72.710
Landesbank Hessen-Thuerin   5.750   7/12/2024    EUR    71.480
Vontobel Financial Produc  17.500   6/12/2020    EUR    74.450
Vontobel Financial Produc  14.500   6/12/2020    EUR    72.810
Vontobel Financial Produc  15.500   6/12/2020    EUR    71.440
Vontobel Financial Produc  12.500   3/13/2020    EUR    73.490
Commerzbank AG             21.500   1/24/2020    EUR    70.170
Commerzbank AG             23.250  12/31/2019    EUR    68.870
DZ Bank AG Deutsche Zentr  15.750   3/25/2020    EUR    71.870
Societe Generale Effekten  25.373   6/19/2020    EUR    70.440
Societe Generale Effekten  27.444   6/19/2020    EUR    69.520
Societe Generale Effekten  27.934   3/20/2020    EUR    71.120
Societe Generale Effekten  17.902   3/20/2020    EUR    67.660
Societe Generale Effekten  23.301   6/19/2020    EUR    68.770
Societe Generale Effekten  26.984   9/18/2020    EUR    70.410
Leonteq Securities AG/Gue   8.950   3/19/2020    USD    52.530
UniCredit Bank AG          14.000    1/3/2020    EUR    35.690
UniCredit Bank AG           9.800    1/3/2020    EUR    75.250
UniCredit Bank AG          10.400    1/3/2020    EUR    41.420
Landesbank Baden-Wuerttem   5.000   7/24/2020    EUR    51.970
Landesbank Baden-Wuerttem   2.500   7/24/2020    EUR    26.670
UniCredit Bank AG           6.900    1/3/2020    EUR    49.110
UBS AG/London              10.250  12/27/2019    EUR    51.500
UBS AG/London               3.800    1/2/2020    EUR    61.520
VTB Bank PJSC               9.000   9/18/2046    RUB    62.000
BNP Paribas Emissions- un   6.500  12/30/2019    EUR    28.890
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    68.310
BNP Paribas Emissions- un  10.000  12/30/2019    EUR    65.710
Societe Generale SA        12.000    7/8/2021    USD    49.470
Bayerische Landesbank       3.150   7/31/2020    EUR    70.160
Landesbank Baden-Wuerttem   5.000   2/28/2020    EUR    64.000
Landesbank Baden-Wuerttem   4.000   2/28/2020    EUR    56.900
Vontobel Financial Produc   3.850   1/27/2020    EUR    73.220
Leonteq Securities AG/Gue   6.000   1/20/2021    CHF    66.880
UBS AG/London               5.500   1/13/2020    CHF    74.200
UBS AG/London               6.250   7/13/2020    CHF    26.080
UBS AG/London               6.000   1/13/2020    CHF    55.600
UBS AG/London               7.000   1/13/2020    EUR    68.150
UBS AG/London               5.250   7/13/2020    CHF    63.600
Landesbank Hessen-Thuerin   2.750   5/20/2021    EUR    64.700
Deutsche Bank AG            6.200  12/24/2019    EUR    75.240
Deutsche Bank AG            6.200  12/24/2019    EUR    72.940
Deutsche Bank AG            6.200  12/24/2019    EUR    73.500
Deutsche Bank AG            6.200  12/24/2019    EUR    68.900
Deutsche Bank AG            6.200  12/24/2019    EUR    66.200
Deutsche Bank AG            6.200  12/24/2019    EUR    72.550
Deutsche Bank AG            6.200  12/24/2019    EUR    70.420
Deutsche Bank AG            6.200  12/24/2019    EUR    68.860
Deutsche Bank AG            6.200  12/24/2019    EUR    66.950
Deutsche Bank AG            6.200  12/24/2019    EUR    65.150
Deutsche Bank AG            6.200  12/24/2019    EUR    63.430
Deutsche Bank AG            6.200  12/24/2019    EUR    61.810
Deutsche Bank AG            6.200  12/24/2019    EUR    67.700
Deutsche Bank AG            6.200  12/24/2019    EUR    64.600
Deutsche Bank AG            6.200  12/24/2019    EUR    62.800
Deutsche Bank AG            6.200  12/24/2019    EUR    61.100
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    64.300
Deutsche Bank AG            6.200  12/24/2019    EUR    65.380
Deutsche Bank AG            6.200  12/24/2019    EUR    61.950
Deutsche Bank AG            6.200  12/24/2019    EUR    58.670
Deutsche Bank AG            6.200  12/24/2019    EUR    53.520
Deutsche Bank AG            6.200  12/24/2019    EUR    74.100
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    74.550
Deutsche Bank AG            6.200  12/24/2019    EUR    66.700
Deutsche Bank AG            6.200  12/24/2019    EUR    62.000
Deutsche Bank AG            6.200  12/24/2019    EUR    57.900
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR    60.700
Deutsche Bank AG            6.200  12/24/2019    EUR    55.300
Deutsche Bank AG            6.200  12/24/2019    EUR    62.100
Deutsche Bank AG            6.200  12/24/2019    EUR    55.900
Deutsche Bank AG            6.200  12/24/2019    EUR    28.400
Deutsche Bank AG            6.200  12/24/2019    EUR
Deutsche Bank AG            6.200  12/24/2019    EUR
Corner Banca SA            10.600   1/13/2020    CHF    67.430
Raiffeisen Schweiz Genoss   6.800   7/20/2020    CHF    63.480
Raiffeisen Schweiz Genoss   6.500   1/20/2020    CHF    62.780
Bayerische Landesbank       3.550   8/21/2020    EUR    70.570
Deutsche Bank AG            6.200  12/24/2019    EUR    68.100
Landesbank Hessen-Thuerin   3.500   8/17/2022    EUR    71.820
HSBC Trinkaus & Burkhardt   6.900   6/26/2020    EUR    66.170
HSBC Trinkaus & Burkhardt   5.600   6/26/2020    EUR    65.490
HSBC Trinkaus & Burkhardt   5.300   6/26/2020    EUR    66.900
HSBC Trinkaus & Burkhardt   5.800  12/27/2019    EUR    71.490
Credit Suisse AG/London    11.250   5/15/2020    USD    68.730
Vontobel Financial Produc  13.500   3/13/2020    EUR    73.780
Vontobel Financial Produc  18.500   3/13/2020    EUR    60.260
Vontobel Financial Produc  13.000   6/12/2020    EUR    70.710
Commerzbank AG             12.500  12/31/2019    EUR    71.730
Societe Generale Effekten  26.408   6/19/2020    EUR    69.970
Lehman Brothers Treasury    3.000   8/13/2011    EUR     2.571
Lehman Brothers Treasury    6.000   9/20/2011    EUR     2.571
Lehman Brothers Treasury   18.250   10/2/2008    USD     2.571
Lehman Brothers Treasury    3.400   9/21/2009    HKD     2.571
Lehman Brothers Treasury    4.000  10/12/2010    USD     2.571
Lehman Brothers Treasury    4.690   2/19/2017    EUR     2.571
Lehman Brothers Treasury    3.820  10/20/2009    USD     2.571
Lehman Brothers Treasury    4.000   2/28/2010    EUR     2.571
Lehman Brothers Treasury    2.000   5/17/2010    EUR     2.571
Lehman Brothers Treasury    3.630    3/2/2012    EUR     2.571
Lehman Brothers Treasury    0.750   3/29/2012    EUR     2.571
EDOB Abwicklungs AG         7.500    4/1/2012    EUR     1.079
Lehman Brothers Treasury    3.025   1/31/2015    EUR     2.571
Lehman Brothers Treasury    2.000   6/21/2011    EUR     2.571
Lehman Brothers Treasury    4.500  12/30/2010    USD     2.571
Lehman Brothers Treasury    4.500    3/7/2015    EUR     2.571
Lehman Brothers Treasury    2.370   7/15/2013    USD     2.571
Lehman Brothers Treasury    1.950   11/4/2013    EUR     2.571
Lehman Brothers Treasury    4.870   10/8/2013    USD     2.571
HSBC Bank PLC               0.500   6/23/2027    MXN    57.333
Lehman Brothers Treasury    5.220    3/1/2024    EUR     2.571
Heta Asset Resolution AG    5.030  12/31/2023    EUR     1.620
Lehman Brothers Treasury    3.700    6/6/2009    EUR     2.571
Lehman Brothers Treasury    8.280   7/31/2013    GBP     2.571
Lehman Brothers Treasury    7.320   7/31/2013    GBP     2.571
Petromena ASA               9.750   5/24/2016    NOK     0.607
Samaratransneft-Terminal   10.000   3/30/2022    RUB    18.040
Lehman Brothers Treasury    8.600   7/31/2013    GBP     2.571
Lehman Brothers Treasury    7.500   7/31/2013    GBP     2.571
Lehman Brothers Treasury    7.000   7/11/2010    EUR     2.571
Lehman Brothers Treasury    4.150   8/25/2020    EUR     2.571
Lehman Brothers Treasury    6.000   7/28/2010    EUR     2.571
Lehman Brothers Treasury    6.000   7/28/2010    EUR     2.571
Norske Skogindustrier ASA   2.000  12/30/2115    EUR     1.473
Lehman Brothers Treasury    0.500   2/16/2009    EUR     2.571
Norske Skogindustrier ASA   7.000  12/30/2026    EUR     0.049
HSBC Bank PLC               0.500  12/22/2025    BRL    64.287
Lehman Brothers Treasury    4.250   3/13/2021    EUR     2.571
Lehman Brothers Treasury    8.000   4/20/2009    EUR     2.571
Lehman Brothers Treasury    6.000   3/17/2011    EUR     2.571
Lehman Brothers Treasury    3.600   3/19/2018    JPY     2.571
Credit Suisse AG/London     0.500    1/8/2026    BRL    64.085
Lehman Brothers Treasury    3.000    8/8/2017    EUR     2.571
Solarwatt GmbH              7.000   11/1/2015    EUR    15.500
SG Issuer SA                2.700  11/28/2034    ZAR    39.963
Lehman Brothers Treasury    6.000   6/21/2011    EUR     2.571
Lehman Brothers Treasury    4.100   5/20/2009    USD     2.571
Lehman Brothers Treasury    9.000   3/17/2009    GBP     2.571
Lehman Brothers Treasury    7.000  11/28/2008    CHF     2.571
Lehman Brothers Treasury    8.000   5/22/2009    USD     2.571
RGS Nedvizhimost OOO       12.000  10/18/2017    RUB     0.335
Lehman Brothers Treasury    4.000   4/24/2009    USD     2.571
Lehman Brothers Treasury    3.850   4/24/2009    USD     2.571
Lehman Brothers Treasury    8.000   3/19/2012    USD     2.571
KPNQwest NV                 8.875    2/1/2008    EUR     0.634
Lehman Brothers Treasury    6.720  12/29/2008    EUR     2.571
Lehman Brothers Treasury    7.750   2/21/2016    EUR     2.571
Lehman Brothers Treasury    5.120   4/30/2027    EUR     2.571
Lehman Brothers Treasury    6.600    2/9/2009    EUR     2.571
Lehman Brothers Treasury    7.060  12/29/2008    EUR     2.571
Lehman Brothers Treasury    7.625   7/22/2011    HKD     2.571
Societe Generale SA         0.500   5/22/2024    MXN    72.599
Lehman Brothers Treasury    4.100   8/23/2010    USD     2.571
Lehman Brothers Treasury    3.500  12/20/2027    USD     2.571
Lehman Brothers Treasury    4.000    1/4/2011    USD     2.571
Lehman Brothers Treasury    8.800  12/27/2009    EUR     2.571
Lehman Brothers Treasury    0.500  12/20/2017    AUD     2.571
Lehman Brothers Treasury    1.000   2/26/2010    USD     2.571
Lehman Brothers Treasury    6.000   3/18/2015    USD     3.400
Lehman Brothers Treasury    2.400   6/20/2011    JPY     2.571
Rio Forte Investments SA    4.750  11/10/2015    EUR     6.000
Lehman Brothers Treasury    4.050   9/16/2008    EUR     2.571
Lehman Brothers Treasury    3.000   9/12/2036    JPY     3.750
Lehman Brothers Treasury    4.820  12/18/2036    EUR     2.571
Lehman Brothers Treasury   13.000  12/14/2012    USD     2.571
Heta Asset Resolution AG    5.270  12/31/2023    EUR     1.620
Lehman Brothers Treasury    2.300   6/27/2013    USD     2.571
Investtorgstroi OOO        11.500   1/19/2023    RUB    60.090
Lehman Brothers Treasury   12.000   7/13/2037    JPY     2.571
Lehman Brothers Treasury    8.875   1/28/2011    HKD     3.400
Lehman Brothers Treasury    8.000  12/27/2032    JPY     2.571
Lehman Brothers Treasury    1.500    2/8/2012    CHF     2.571
Lehman Brothers Treasury    8.050  12/20/2010    HKD     2.571
Lehman Brothers Treasury    6.700   4/21/2011    USD     2.571
Lehman Brothers Treasury   11.250  12/31/2008    USD     2.571
Lehman Brothers Treasury    4.300    6/4/2012    USD     2.571
Lehman Brothers Treasury    4.000    6/5/2011    USD     2.571
Lehman Brothers Treasury    5.200   11/9/2011    EUR     3.400
Lehman Brothers Treasury    7.600   5/21/2013    USD     2.571
Lehman Brothers Treasury    0.500    6/2/2020    EUR     2.571
Lehman Brothers Treasury   11.000    7/4/2011    USD     2.571
Lehman Brothers Treasury   11.000    7/4/2011    CHF     2.571
Lehman Brothers Treasury   13.150  10/30/2008    USD     2.571
Lehman Brothers Treasury    6.000    8/7/2013    EUR     2.571
Lehman Brothers Treasury   13.432    1/8/2009    ILS     2.571
Lehman Brothers Treasury    6.250    9/5/2011    EUR     2.571
Lehman Brothers Treasury    2.500   8/15/2012    CHF     2.571
Lehman Brothers Treasury    3.100    6/4/2010    USD     2.571
Lehman Brothers Treasury    0.500    7/2/2020    EUR     2.571
Lehman Brothers Treasury   16.000  12/26/2008    USD     2.571
Lehman Brothers Treasury    2.300    6/6/2013    USD     2.571
Lehman Brothers Treasury    7.500   5/30/2010    AUD     2.571
Lehman Brothers Treasury    1.460   2/19/2012    JPY     3.750
Lehman Brothers Treasury    7.750    1/3/2012    AUD     2.571
Lehman Brothers Treasury   16.800   8/21/2009    USD     2.571
Lehman Brothers Treasury   14.100  11/12/2008    USD     2.571
Lehman Brothers Treasury    7.250    7/8/2014    EUR     2.571
Lehman Brothers Treasury    7.000   2/15/2010    CHF     2.571
Lehman Brothers Treasury   13.000   2/16/2009    CHF     2.571
Lehman Brothers Treasury   10.000   2/16/2009    CHF     2.571
Lehman Brothers Treasury   11.000   2/16/2009    CHF     2.571
Lehman Brothers Treasury    6.300  12/21/2018    USD     2.571
Lehman Brothers Treasury    5.375    2/4/2014    USD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    AUD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    AUD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    AUD     2.571
Lehman Brothers Treasury    9.300  12/21/2010    EUR     2.571
Lehman Brothers Treasury    0.500  12/20/2017    AUD     3.400
Lehman Brothers Treasury    8.000  12/31/2010    USD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    USD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    USD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    USD     2.571
Lehman Brothers Treasury    0.500  12/20/2017    USD     2.571
Lehman Brothers Treasury   11.000  12/20/2017    AUD     2.571
Lehman Brothers Treasury   11.000  12/20/2017    AUD     2.571
Lehman Brothers Treasury    8.000   3/21/2018    USD     2.571
Lehman Brothers Treasury    4.000   3/10/2011    EUR     2.571
Lehman Brothers Treasury    7.600   1/31/2013    AUD     2.571
Lehman Brothers Treasury   10.000  10/23/2008    USD     2.571
Lehman Brothers Treasury    6.000    3/4/2015    USD     2.571
Lehman Brothers Treasury    3.500   6/20/2011    EUR     2.571
Lehman Brothers Treasury    7.150   3/21/2013    USD     2.571
Lehman Brothers Treasury    5.500   6/22/2010    USD     3.400
Lehman Brothers Treasury    6.450   2/20/2010    AUD     2.571
Lehman Brothers Treasury    9.000    5/6/2011    CHF     2.571
Lehman Brothers Treasury   16.200   5/14/2009    USD     2.571
Lehman Brothers Treasury    4.600    8/1/2013    EUR     2.571
Lehman Brothers Treasury    5.500   4/23/2014    EUR     2.571
Lehman Brothers Treasury   10.000   5/22/2009    USD     2.571
Lehman Brothers Treasury   15.000    6/4/2009    CHF     2.571
Lehman Brothers Treasury   10.600   4/22/2014    MXN     2.571
Lehman Brothers Treasury   10.442  11/22/2008    CHF     2.571
Lehman Brothers Treasury    7.600    3/4/2010    NZD     2.571
Lehman Brothers Treasury   16.000   11/9/2008    USD     2.571
Lehman Brothers Treasury    1.000    5/9/2012    EUR     2.571
Lehman Brothers Treasury    3.450   5/23/2013    USD     2.571
Lehman Brothers Treasury   10.000  10/22/2008    USD     2.571
Lehman Brothers Treasury    6.600   5/23/2012    AUD     2.571
Lehman Brothers Treasury   16.000  10/28/2008    USD     2.571
Lehman Brothers Treasury    5.250  11/21/2009    USD     2.571
Lehman Brothers Treasury    3.000    6/3/2010    EUR     2.571
Lehman Brothers Treasury    2.000   6/28/2011    EUR     2.571
Lehman Brothers Treasury    5.000  11/22/2012    EUR     2.571
Lehman Brothers Treasury    5.550   3/12/2015    EUR     2.571
Lehman Brothers Treasury   12.000    7/4/2011    EUR     2.571
KPNQwest NV                 7.125    6/1/2009    EUR     0.634
Lehman Brothers Treasury   13.500    6/2/2009    USD     2.571
Lehman Brothers Treasury   23.300   9/16/2008    USD     2.571
Lehman Brothers Treasury   17.000    6/2/2009    USD     2.571
Societe Generale SA         0.500    4/4/2024    MXN    73.312
Lehman Brothers Treasury   16.000   10/8/2008    CHF     2.571
Cooperatieve Rabobank UA    0.500   8/21/2028    MXN    52.385
Lehman Brothers Treasury    4.050   9/16/2008    EUR     2.571
Lehman Brothers Treasury    4.600  10/11/2017    ILS     3.750
Lehman Brothers Treasury    4.800  11/16/2012    HKD     2.571
Lehman Brothers Treasury    0.010   9/20/2011    USD     2.571
Lehman Brothers Treasury    1.600   6/21/2010    JPY     2.571
Lehman Brothers Treasury    4.200   12/3/2008    HKD     3.400
Lehman Brothers Treasury    5.200   3/19/2018    EUR     2.571
Lehman Brothers Treasury   14.900   9/15/2008    EUR     2.571
Lehman Brothers Treasury    3.500  10/31/2011    USD     2.571
Lehman Brothers Treasury    3.500  10/24/2011    USD     2.571
Lehman Brothers Treasury    3.000   9/13/2010    JPY     3.750
Lehman Brothers Treasury    5.000   4/24/2017    EUR     2.571
Mriya Agro Holding PLC     10.950   3/30/2016    USD     7.701
Lehman Brothers Treasury    3.350  10/13/2016    EUR     2.571
Lehman Brothers Treasury    9.250   6/20/2012    USD     2.571
Lehman Brothers Treasury    8.000  10/23/2008    USD     2.571
UniCredit Bank AG           9.100    1/3/2020    EUR    66.660
UniCredit Bank AG          10.700    1/3/2020    EUR    56.610
UniCredit Bank AG           7.500    1/3/2020    EUR    50.010
UniCredit Bank AG           5.500    1/3/2020    EUR    65.770
UniCredit Bank AG          12.600    1/3/2020    EUR    69.070
UniCredit Bank AG          12.200    1/3/2020    EUR    73.280
Vontobel Financial Produc  19.500   6/26/2020    EUR    73.280
Raiffeisen Centrobank AG    6.728  12/27/2019    EUR    60.700
Deutsche Bank AG            6.200  12/24/2019    EUR    47.010
Raiffeisen Centrobank AG    7.468  12/27/2019    EUR    56.060
Vontobel Financial Produc   3.700  12/20/2019    EUR    62.080
Raiffeisen Centrobank AG    6.850  12/27/2019    EUR    56.650
Vontobel Financial Produc  16.000   6/12/2020    EUR    62.840
DZ Bank AG Deutsche Zentr  12.600  12/23/2019    EUR    71.890
Vontobel Financial Produc   4.500   3/13/2020    EUR    54.790
DZ Bank AG Deutsche Zentr   6.700  12/23/2019    EUR    73.330
DZ Bank AG Deutsche Zentr   9.000  12/23/2019    EUR    68.650
Vontobel Financial Produc   4.500   3/27/2020    EUR    54.940
DZ Bank AG Deutsche Zentr   7.700  12/23/2019    EUR    74.220
Vontobel Financial Produc  19.000   6/26/2020    EUR    67.960
Vontobel Financial Produc   7.000   6/26/2020    EUR    58.420
UniCredit Bank AG          12.900    1/3/2020    EUR    58.520
UniCredit Bank AG           9.600    1/3/2020    EUR    57.490
Raiffeisen Centrobank AG    7.606  12/27/2019    EUR    73.100
Raiffeisen Centrobank AG    5.806   6/23/2020    EUR    72.870
UniCredit Bank AG          13.000    1/3/2020    EUR    72.870
UniCredit Bank AG           6.100    1/3/2020    EUR    54.600
Raiffeisen Centrobank AG    8.687  12/27/2019    EUR    59.210
DZ Bank AG Deutsche Zentr   6.250  12/23/2019    EUR    59.720
DZ Bank AG Deutsche Zentr   4.800  12/23/2019    EUR    68.800
DZ Bank AG Deutsche Zentr   6.000  12/23/2019    EUR    68.820
DZ Bank AG Deutsche Zentr   8.000  12/23/2019    EUR    43.780
DZ Bank AG Deutsche Zentr   4.700  12/23/2019    EUR    54.370
DZ Bank AG Deutsche Zentr   5.900  12/23/2019    EUR    74.020
DZ Bank AG Deutsche Zentr   4.750  12/23/2019    EUR    65.430
DZ Bank AG Deutsche Zentr   6.250  12/23/2019    EUR    65.450
DZ Bank AG Deutsche Zentr   7.500  12/23/2019    EUR    65.470
Raiffeisen Centrobank AG    7.000   10/9/2020    EUR    67.380
DZ Bank AG Deutsche Zentr   5.000  12/23/2019    EUR    70.880
DZ Bank AG Deutsche Zentr   6.500  12/23/2019    EUR    68.440
DZ Bank AG Deutsche Zentr   8.250  12/23/2019    EUR    62.440
DZ Bank AG Deutsche Zentr   4.750  12/23/2019    EUR    73.810
DZ Bank AG Deutsche Zentr   7.500  12/23/2019    EUR    70.920
DZ Bank AG Deutsche Zentr   7.500  12/23/2019    EUR    54.620
Lehman Brothers Treasury    4.350    8/8/2016    SGD     3.750
Lehman Brothers Treasury    6.650   8/24/2011    AUD     3.400
Lehman Brothers Treasury    6.000   2/14/2012    EUR     2.571
Lehman Brothers Treasury    6.600   2/22/2012    EUR     2.571
Lehman Brothers Treasury    0.250  10/19/2012    CHF     2.571
Lehman Brothers Treasury   15.000   3/30/2011    EUR     2.571
Lehman Brothers Treasury    1.680    3/5/2015    EUR     2.571
Lehman Brothers Treasury    7.000   2/15/2012    EUR     2.571
Lehman Brothers Treasury    6.750    4/5/2012    EUR     2.571
UniCredit Bank AG          12.700    1/3/2020    EUR    73.450
UniCredit Bank AG           4.300    1/3/2020    EUR    54.400
UniCredit Bank AG           5.200    1/3/2020    EUR    63.330
UniCredit Bank AG          14.600    1/3/2020    EUR    67.550
UniCredit Bank AG           4.200    1/3/2020    EUR    61.280
UniCredit Bank AG          13.800    1/3/2020    EUR    43.520
Raiffeisen Centrobank AG    3.383  12/27/2019    EUR    54.540
Raiffeisen Centrobank AG    7.895  12/27/2019    EUR    71.190
Raiffeisen Centrobank AG    8.571  12/27/2019    EUR    72.680
Vontobel Financial Produc   6.500   6/26/2020    EUR    61.160
UniCredit Bank AG          12.100    1/3/2020    EUR    72.100
UniCredit Bank AG           9.600    1/3/2020    EUR    50.070
UniCredit Bank AG          12.600    1/3/2020    EUR    71.960
UniCredit Bank AG           4.200    1/3/2020    EUR    59.430
UniCredit Bank AG          14.200    1/3/2020    EUR    62.290
UniCredit Bank AG           3.300    1/3/2020    EUR    74.180
UniCredit Bank AG           3.700    1/3/2020    EUR    68.030
UniCredit Bank AG          10.000    1/3/2020    EUR    72.860
UniCredit Bank AG          11.300    1/3/2020    EUR    49.150
UniCredit Bank AG           5.700    1/3/2020    EUR    59.180
UniCredit Bank AG          14.300    1/3/2020    EUR    58.310
Raiffeisen Centrobank AG   10.210  12/27/2019    EUR    63.720
Vontobel Financial Produc  18.000   6/26/2020    EUR    70.710
Raiffeisen Centrobank AG    8.852  12/27/2019    EUR    56.540
Vontobel Financial Produc   3.700  12/20/2019    EUR    62.080
UniCredit Bank AG          11.200    1/3/2020    EUR    53.090
UniCredit Bank AG           5.700    1/3/2020    EUR    69.230
DZ Bank AG Deutsche Zentr   7.000  12/23/2019    EUR    58.520
DZ Bank AG Deutsche Zentr   7.500  12/23/2019    EUR    68.450
DZ Bank AG Deutsche Zentr   6.250  12/23/2019    EUR    71.770
DZ Bank AG Deutsche Zentr   4.900  12/23/2019    EUR    68.910
DZ Bank AG Deutsche Zentr   5.900  12/23/2019    EUR    66.620
DZ Bank AG Deutsche Zentr   6.250  12/23/2019    EUR    54.600
DZ Bank AG Deutsche Zentr   8.500  12/23/2019    EUR    57.970
DZ Bank AG Deutsche Zentr   4.750  12/23/2019    EUR    73.810
DZ Bank AG Deutsche Zentr   4.750  12/23/2019    EUR    57.850
DZ Bank AG Deutsche Zentr   6.500  12/23/2019    EUR    67.290
DZ Bank AG Deutsche Zentr   7.300  12/23/2019    EUR    65.110
Vontobel Financial Produc   4.000  12/20/2019    EUR    31.360
Vontobel Financial Produc   9.000   9/25/2020    EUR    67.560
Vontobel Financial Produc   9.500   6/26/2020    EUR    66.060
DZ Bank AG Deutsche Zentr  13.600  12/23/2019    EUR    70.480
Vontobel Financial Produc   6.500   3/27/2020    EUR    55.520
Vontobel Financial Produc   5.000    1/3/2020    EUR    54.290
Vontobel Financial Produc   6.000   3/27/2020    EUR    58.210
Lehman Brothers Treasury    7.585  11/22/2009    MXN     3.750
Lehman Brothers Treasury   11.000  12/19/2011    USD     2.571
ECM Real Estate Investmen   5.000   10/9/2011    EUR    15.375
Lehman Brothers Treasury    8.280   3/26/2009    USD     2.571
Lehman Brothers Treasury    6.850  12/22/2008    EUR     2.571
Lehman Brothers Treasury    7.600   3/26/2009    EUR     2.571
Lehman Brothers Treasury    7.550  12/29/2008    USD     2.571
Deutsche Bank AG/London     0.500    4/5/2038    MXN    22.447
Lehman Brothers Treasury    1.500  10/25/2011    EUR     2.571
Lehman Brothers Treasury    4.000  11/24/2016    EUR     2.571
Lehman Brothers Treasury    2.500  12/15/2011    GBP     2.571
Lehman Brothers Treasury    7.500   9/13/2009    CHF     2.571
Otkritie Holding JSC       12.090   12/8/2027    RUB     0.010
Lehman Brothers Treasury    6.000  10/24/2008    EUR     2.571
Lehman Brothers Treasury    2.000  10/28/2010    EUR     2.571
Lehman Brothers Treasury    4.000   4/13/2011    CHF     2.571
Lehman Brothers Treasury    7.000   4/14/2009    EUR     2.571
Lehman Brothers Treasury    5.000  10/24/2008    CHF     2.571
Lehman Brothers Treasury    7.750   1/30/2009    EUR     2.571
Lehman Brothers Treasury    1.280   11/6/2010    JPY     3.750
Lehman Brothers Treasury    4.000   12/2/2012    EUR     2.571
Lehman Brothers Treasury    4.500    8/2/2009    USD     2.571
Lehman Brothers Treasury   10.500    8/9/2010    EUR     2.571
Lehman Brothers Treasury    4.500    3/6/2013    CHF     2.571
Lehman Brothers Treasury    7.375   9/20/2008    EUR     2.571
Lehman Brothers Treasury    3.860   9/21/2011    SGD     3.750
Lehman Brothers Treasury    9.000   6/13/2009    USD     2.571
Lehman Brothers Treasury    5.500   6/15/2009    CHF     2.571
Lehman Brothers Treasury    8.000    8/3/2009    USD     2.571
Lehman Brothers Treasury    5.750   6/15/2009    CHF     2.571
Lehman Brothers Treasury    7.500  10/24/2008    USD     2.571
Lehman Brothers Treasury    8.500    7/6/2009    CHF     2.571
Lehman Brothers Treasury    7.250   10/6/2008    EUR     2.571
Otkritie Holding JSC       12.140   10/3/2036    RUB     0.010
Lehman Brothers Treasury   10.000   3/27/2009    USD     2.571
Lehman Brothers Treasury    0.250   7/21/2014    EUR     2.571
Bulgaria Steel Finance BV  12.000    5/4/2013    EUR     0.216
Lehman Brothers Treasury    6.000   5/23/2018    CZK     2.571
Lehman Brothers Treasury    2.250   5/12/2009    USD     2.571
Lehman Brothers Treasury   10.000    1/3/2012    BRL     2.571
Lehman Brothers Treasury    4.000   5/17/2010    USD     2.571
Lehman Brothers Treasury    5.000    5/2/2022    EUR     2.571
Lehman Brothers Treasury    0.800  12/30/2016    EUR     2.571
Nutritek International Co   8.750  12/11/2008    USD     2.089
Lehman Brothers Treasury    4.000   5/30/2010    USD     2.571
Lehman Brothers Treasury    2.480   5/12/2009    USD     2.571
Lehman Brothers Treasury    2.500   8/23/2012    GBP     2.571
Lehman Brothers Treasury    4.100   6/10/2014    SGD     3.750
Lehman Brothers Treasury   13.000   7/25/2012    EUR     2.571
Lehman Brothers Treasury    1.750    2/7/2010    EUR     2.571
Lehman Brothers Treasury    7.000  10/22/2010    EUR     2.571
Lehman Brothers Treasury    1.500  10/12/2010    EUR     2.571
UniCredit Bank AG          13.600    1/3/2020    EUR    38.770
UniCredit Bank AG           8.900    1/3/2020    EUR    56.810
UniCredit Bank AG          10.300    1/3/2020    EUR    74.120
UniCredit Bank AG           4.300    1/3/2020    EUR    66.170
UniCredit Bank AG          10.000    1/3/2020    EUR    66.360
Vontobel Financial Produc   7.500   9/25/2020    EUR    63.190
UniCredit Bank AG           5.600    1/3/2020    EUR    62.320
UniCredit Bank AG          11.600    1/3/2020    EUR    74.410
Raiffeisen Centrobank AG   12.334  12/27/2019    EUR    64.390
Deutsche Bank AG            3.200  12/24/2019    EUR    65.670
Raiffeisen Centrobank AG    6.438  12/27/2019    EUR    53.980
Vontobel Financial Produc   7.500   6/12/2020    EUR    61.430
UniCredit Bank AG          14.700    1/3/2020    EUR    70.730



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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 * * *