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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, July 20, 2020, Vol. 21, No. 144

                           Headlines



C Y P R U S

BANK OF CYPRUS: S&P Affirms B+/B ICRs Amid COVID-19 Risks
RCB BANK: S&P Affirms BB-/B Issuer Credit Rating, Outlook Stable


F R A N C E

ELIS SA: S&P Alters Outlook to Stable & Affirms BB LT Issuer Rating


G E R M A N Y

WIRECARD AG: ESMA Probes German Watchdog Following Firm's Collapse
WIRECARD AG: Moelis & Co. Tapped to Oversee Sales Process of Unit


I R E L A N D

ALBACORE EURO I: Moody's Gives Ba3 Rating to Class E Notes
ALBACORE EURO I: S&P Assigns BB- (sf) Rating on Class E Notes
FOOTBALL ASSOCIATION: Execs Seek Meeting with Gov't Ministers


I T A L Y

ASR MEDIA: S&P Lowers Bonds Rating to B, Off Watch Negative


N E T H E R L A N D S

ROSE BEACHHOUSE: Moody's Affirms CFR at B2, Outlook Stable


R U S S I A

METALLOINVEST: Fitch Affirms LT IDR & Sr. Unsec. Rating at BB+


S P A I N

CODERE SA: Moody's Rates New EUR250MM Super Senior Notes B3
OBRASCON HUARTE: Fitch Cuts LT IDR to CC on Poor Liquidity Position
RMBS SANTANDER 6: Moody's Rates Serie B Notes Caa1


U N I T E D   K I N G D O M

BUZZ BINGO: Caledonian Investments to Inject GBP22MM New Equity
CPUK FINANCE: S&P Lowers Class B2-Dfrd Notes Rating to B-(sf)
TWIN BRIDGES 2020-1: Moody's Rates Class X1 Notes (P)B2
TWIN BRIDGES 2020-1: S&P Puts Prelim B-(sf) Rating on X1-Dfrd Notes
[*] UK: Job Losses Expected to Rise as Companies Mull Job Cuts



X X X X X X X X

[*] BOND PRICING: For the Week July 13 to July 17, 2020

                           - - - - -


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C Y P R U S
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BANK OF CYPRUS: S&P Affirms B+/B ICRs Amid COVID-19 Risks
---------------------------------------------------------
S&P Global Ratings affirmed its 'B+/B' long- and short-term issuer
credit ratings on Bank of Cyprus Public Co. Ltd. (BOC). The outlook
remains stable.

S&P said, "The affirmation reflects our belief that BoC will be
able to preserve its current capitalization through the downturn
despite increasing pressure on its already weak profitability and
asset quality. Until the outbreak of COVID-19, Cyprus enjoyed
positive economic momentum, with GDP growing by 3.2% in 2019. In
addition, BoC was fully involved in executing a large trade to
accelerate the clean-up of its legacy nonperforming exposures
(NPEs) and reduce ratios to more normalized levels--around 15% of
gross loans from 29% reported at March 31, 2020--as well as
generally becoming more efficient and digitalized. We now estimate
that real GDP will contract by 7.5% in 2020, followed by a rebound
of 5.5% in 2021. It will take time for sectors that are crucial for
the Cypriot economy, such as tourism, to recover, while the small,
open nature of the country's economy might heighten downside risks
from additional external shocks in Europe and CIS, which are its
main counterparts for tourism.

"In particular, we now expect that BoC's operating revenues will
decline by about 15% in 2020, before recovering mildly next year.
In addition, we anticipate that the cost of risk will remain at
abnormally high levels--about 200-220 basis points (bps)--while
gradually declining, but remaining elevated at 180-200 bps in 2021.
This is in line with our expectation for asset quality
deterioration in the Cypriot banking sector over the next couple of
years, and reflects our view of the poor payment culture embedded
in the country and concentrated economy in a few vulnerable
sectors, such as tourism and real estate and construction. Overall,
we expect that the bank will be loss making in 2020 and 2021, and
will only return to profit in 2022.

"That said, we believe that BoC's capital buffer is ample enough to
support the bank's asset quality and capital erosion through this
turmoil and remain at moderate levels, with its risk-adjusted
capital (RAC) ratio standing comfortably above the 5% threshold
over the outlook horizon. We expect our RAC ratio will hover around
6.0%-6.5% over the next 12-18 months, compared with 7.5% at
end-2019. Moreover, we believe that supportive measures from public
authorities, including monetary policy decisions from the European
Central Bank, should help BoC, and other European banks, to
navigate the downturn.

"The stable outlook on BoC reflects our expectation that the bank
will maintain a financial profile commensurate with its current
rating level over the next 12 months. We expect management to
maintain its improved underwriting standards while working out the
bank's legacy problematic exposures and actively monitoring new
asset quality deterioration. We expect further pressure on the
bank's asset quality, but within manageable levels, with NPEs of
around 33%-37% of gross loans by end-2021 (from 29% at end-March
2020). However, we acknowledge that strategies to accelerate the
bank's balance-sheet clean-up might be more difficult to execute in
the current environment. Therefore, we do not incorporate the
benefits from any potential market sale into our forecast. Our
expectation of net losses over the next 12-18 months will lead to
some capital erosion, with our RAC ratio standing at about
6.0%-6.5% over the outlook horizon.

"We could lower our ratings on BoC if it were to incur additional
material credit losses that affected its capitalization and pushed
the RAC below 5%, if asset quality worsened beyond our current
expectations, or if its funding profile unexpectedly deteriorated.
We could also take a negative rating action if the bank failed to
strengthen its operating profitability and efficiency, and if we
were to anticipate that it would remain materially loss-making once
the effects of the current crisis are over.

"An upgrade is highly unlikely in the current context. However, we
could contemplate it if economic conditions improve more than
anticipated, and if the bank reduces its NPEs faster than expected,
so that the NPE ratio fell materially below 20% and, at the same
time, it sustainably enhances its efficiency and operating
profitability prospects. A sharp reduction in NPEs could happen, in
our view, via further extraordinary market transactions."


RCB BANK: S&P Affirms BB-/B Issuer Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-/B' long- and short-term issuer
credit rating on Cyprus-based RCB Bank Ltd. The outlook is stable.

S&P said, "The affirmation reflects our view that RCB Bank's ample
liquidity, sound capitalization, and potential support from its
shareholder VTB Bank will enable it to withstand potential stresses
from a macroeconomic contraction resulting from the COVID-19
pandemic.

"We expect that the bank's asset quality will deteriorate in coming
quarters. We anticipate that Stage 3 loans could increase up to as
much as 5% in 2020-2021 from 1% as of May 31, 2020, reflecting the
bank's exposure to sectors badly affected by COVID-19: hospitality
and real estate.

"We anticipate, however, that RCB Bank's strong capitalization will
be sufficient to absorb an increase in credit costs due to expected
asset quality deterioration in 2020-2021. Our risk-adjusted capital
(RAC) ratio was 14.0% at year-end 2019 and is expected to remain at
about 13-14% in 2020-2022."

Also, the bank has an ample liquidity cushion of about EUR1 billion
(or about 22% of total assets) as of May 31, 2020, represented by
cash, interbank deposits, and trading securities. The bank's
diversified depositor base of domestic and foreign depositors
showed stability in the first half of 2020 and S&P does not expect
material deposit outflows due to COVID-19, the pandemic, or
recession in the next 12 months.

S&P said, "VTB Bank's 46.29% stake in the bank does not lead us to
factor any additional notches of support into our rating on RCB
Bank. However, we reflect VTB Bank's ongoing support into its
assessment of RCB Bank's stand-alone credit profile, at 'bb-'.

"The stable outlook on RCB Bank reflects our expectation that the
bank's sufficient liquidity and strong capitalization will enable
it to withstand potential stresses from a COVID-19-related
macroeconomic contraction over the next 12 months. If necessary, we
also expect that the bank's shareholders could provide some
backstop support to prevent potential deterioration of the bank's
credit profile.

"Over the same period, we could downgrade RCB Bank if the effects
of the macroeconomic contraction on the Russian and Cypriot
economies are materially worse than in our base case, thus
pressuring asset quality and the RAC ratio of RCB Bank more than we
currently envision."

An upgrade or revision of the outlook to positive is unlikely over
the next 12 months because it would require stabilization of the
macroeconomic environment in Cyprus and Russia and a strengthening
of the combined capital and risk position, staying stronger than
international peers over the next 12 months.




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F R A N C E
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ELIS SA: S&P Alters Outlook to Stable & Affirms BB LT Issuer Rating
-------------------------------------------------------------------
S&P Global Ratings affirmed the long-term issuer and issue ratings
at 'BB' and placed linen and hygiene service provider Elis S.A. on
stable outlook.

Elis has announced a covenant waiver and reset covering the next 12
months, which removes the downside pressure on the rating in the
short-term.  The group has announced that it has agreed a covenant
waiver and reset with its U.S. private placement (USPP) and bank
lenders. The group's June 30, 2020, covenant test has been waived,
while the Dec. 31, 2020, and June 30, 2021, net leverage levels
have been increased to 4.75x and 4.5x respectively, from 3.75x
originally. This headroom increase has caused us to revise S&P's
liquidity assessment from less than adequate to adequate, and
removes the downside pressure on the rating over the next 12
months.

S&P said, "We still anticipate a material decline in revenue in
2020, though we expect the flexibility of the group's cost base to
result in modest margin erosion, which should partially mitigate
the impact on Elis' credit metrics.  27% of Elis' revenue is
generated from hospitality contracts, the majority of which across
Europe have been put on hold. In other sectors, operations have
been meaningfully curtailed. Although we anticipate health care
activity will remain solid with potential volume increases, it will
not be sufficient to offset the declines across all other segments.
Given the current position of the outbreak, and our expectation
that social-distancing measures will continue, even in regions
where lockdown measures have been lifted, we expect revenue in 2020
to be about 15% down year-on-year. However, given the high degree
of variability in the group's cost base and the government support
schemes available, we expect the group's S&P Global
Ratings-adjusted EBITDA margins to remain above 30% in 2020,
despite the material top-line contraction. That said, despite our
expectations of reduced capital expenditure (capex), no new
acquisitions, and a cancellation of dividends in 2020, we still
expect debt to EBITDA and FFO to debt to be above 4x and below 20%
in 2020.

"We expect a significant bounce back in activity levels in 2021 as
social-distancing measures are eased.   However, the potential for
an prolonged period of weaker demand in the hospitality sector,
coupled with the group's appetite for acquisitions, could mean that
metrics do not improve to materially below 4x and above 20% in
2021.

"We expect double-digit revenue growth in 2021 as we do not
anticipate further lockdown restrictions, and expect
social-distancing measures to be lighter than at present in most of
the jurisdictions in which Elis operates. However, we do not expect
demand to recover to pre-COVID-19 levels in the hospitality sector
until 2022-2023. Additionally, we expect the group to resume paying
dividends and pursuing mergers and acquisitions (M&A) in 2021,
because the market turbulence is likely to present acquisition
opportunities for consolidators such as Elis. As a result, we do
not expect metrics to improve to meaningfully below 4x and above
20% in 2021; however, the shape of the recovery and the group's
investment decisions are likely to have a significant impact on
this.

"The stable outlook indicates that we expect a significant rebound
in the group's operations in 2021, and that debt to EBITDA and FFO
to debt could recover to about 4x and 20% respectively."

S&P could take a negative rating action if it expected the group to
sustain debt to EBITDA and FFO to debt of greater than 4.5x and
less than 16% over the medium term, or if it expected covenant
headroom to tighten again once the levels reset. This could happen
if:

-- The recovery in the hospitality sector is slower than S&P
currently expects, resulting in weaker revenue growth over the next
two years; or

-- If Elis' investment and shareholder return policies indicate
comfort of leverage at these levels.

S&P could raise the rating if it expected debt to EBITDA and FFO to
debt to improve to meaningfully below 4x and above 20% in 2021 and
be sustained at that level, alongside adequate covenant headroom.
This could happen if:

-- The group's revenue recovers to a greater extent than S&P
currently forecast; or

-- If Elis' investment and shareholder return policies are
supportive of leverage being maintained at these levels.




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G E R M A N Y
=============

WIRECARD AG: ESMA Probes German Watchdog Following Firm's Collapse
------------------------------------------------------------------
Reuters reports that the European Union's markets watchdog said on
July 15 that it was reviewing Germany's financial reporting set-up
in the wake of Wirecard's collapse as Germany widened its own
investigation into the failed company.

According to Reuters, the assessment by the European Securities and
Markets Authority (ESMA) will focus on Germany's financial
supervisor BaFin and the accounting watchdog--the privately owned
Financial Reporting Enforcement Panel (FREP).

BaFin and FREP have come under scrutiny for their oversight of
Wirecard, which filed for insolvency last month owing creditors
EUR4 billion (US$4.58 billion) after disclosing a EUR1.9 billion
hole in its accounts that its auditor EY said was the result of a
sophisticated global fraud, Reuters relates.

"High quality financial reporting is core to investor trust in
capital markets and Wirecard's collapse has undermined this trust,"
Reuters quotes ESMA as saying.

"Therefore, it is necessary to assess these events to help in
restoring investor confidence."

ESMA said that it would complete the review by Oct. 30, Reuters
notes.

As reported by the Troubled Company Reporter-Europe on June 26,
2020, The Financial Times reported that Wirecard filed for
insolvency after the once high-flying payments group revealed a
multiyear fraud that led to the arrest of its former chief
executive.  In a remarkable collapse of a company once regarded as
a European tech champion, Wirecard said in a statement on June 25
that it faced "impending insolvency and over-indebtedness", the FT
related.  According to the FT, EY on June 25 said there were "clear
indications that this was an elaborate and sophisticated fraud,
involving multiple parties around the world in different
institutions, with a deliberate aim of deception", adding that
"even the most robust and extended audit procedures may not uncover
a collusive fraud".  Wirecard's admission that EUR1.9 billion of
cash was missing was the catalyst for the company's unravelling,
the FT noted.



WIRECARD AG: Moelis & Co. Tapped to Oversee Sales Process of Unit
-----------------------------------------------------------------
In agreement with its shareholder, Wirecard AG, and its preliminary
insolvency administrator, the management of Acquiring & Issuing
GmbH has commissioned the US investment bank Moelis & Company to
oversee the sales process of Wirecard North America. Sales
processes are currently being prepared for further subsidiaries of
Wirecard AG.

As reported by the Troubled Company Reporter-Europe on June 26,
2020, The Financial Times reported that Wirecard filed for
insolvency after the once high-flying payments group revealed a
multiyear fraud that led to the arrest of its former chief
executive.  In a remarkable collapse of a company once regarded as
a European tech champion, Wirecard said in a statement on June 25
that it faced "impending insolvency and over-indebtedness", the FT
related.  According to the FT, EY on June 25 said there were "clear
indications that this was an elaborate and sophisticated fraud,
involving multiple parties around the world in different
institutions, with a deliberate aim of deception", adding that
"even the most robust and extended audit procedures may not uncover
a collusive fraud".  Wirecard's admission that EUR1.9 billion of
cash was missing was the catalyst for the company's unravelling,
the FT noted.




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I R E L A N D
=============

ALBACORE EURO I: Moody's Gives Ba3 Rating to Class E Notes
----------------------------------------------------------
Moody's Investors Service announced that it has assigned the
following definitive ratings to notes issued by AlbaCore EURO CLO I
Designated Activity Company:

EUR123,000,000 Class A Senior Secured Floating Rate Notes due 2031,
Definitive Rating Assigned Aaa (sf)

EUR31,000,000 Class B Senior Secured Floating Rate Notes due 2031,
Definitive Rating Assigned Aa2 (sf)

EUR15,000,000 Class C Senior Secured Deferrable Floating Rate Notes
due 2031, Definitive Rating Assigned A2 (sf)

EUR16,750,000 Class D Senior Secured Deferrable Floating Rate Notes
due 2031, Definitive Rating Assigned Baa3 (sf)

EUR13,200,000 Class E Senior Secured Deferrable Floating Rate Notes
due 2031, Definitive Rating Assigned Ba3 (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 is a managed cash flow CLO. At least 90% of the
portfolio must consist of senior secured obligations and up to 10%
of the portfolio may consist of senior unsecured obligations,
second-lien loans, mezzanine obligations and high yield bonds. The
portfolio is expected to be 91% ramped as of the closing date and
to comprise of predominantly corporate loans to obligors domiciled
in Western Europe. The remainder of the portfolio will be acquired
during the 6-month ramp-up period in compliance with the portfolio
guidelines.

AlbaCore Capital LLP will manage the CLO. It will direct the
selection, acquisition and disposition of collateral on behalf of
the Issuer and may engage in trading activity, including
discretionary trading, during the transaction's 1-year reinvestment
period. Thereafter, subject to certain restrictions, purchases are
permitted using principal proceeds from unscheduled principal
payments and proceeds from sales of credit risk obligations or
credit improved obligations.

In addition to the five classes of notes rated by Moody's, the
Issuer has issued EUR33,700,000 Subordinated Notes due 2031 which
are not rated.

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.

The rapid spread of the coronavirus outbreak, the government
measures put in place to contain it and the deteriorating global
economic outlook, have created a severe and extensive credit shock
across sectors, regions and markets. Its analysis has considered
the effect on the performance corporate assets from the collapse in
European economic activity in the second quarter and a gradual
recovery in the second half of the year. However, that outcome
depends on whether governments can reopen their economies while
also safeguarding public health and avoiding a further surge in
infections. As a result, the degree of uncertainty around its
forecasts is unusually high. Moody's regards the coronavirus
outbreak as a social risk under its ESG framework, given the
substantial implications for public health and safety.

Methodology underlying the rating action:

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

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

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

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

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

Par Amount: EUR230,000,000

Diversity Score: 39*

Weighted Average Rating Factor (WARF): 3215

Weighted Average Spread (WAS): 3.65%

Weighted Average Coupon (WAC): 4.50%

Weighted Average Recovery Rate (WARR): 43.0%

Weighted Average Life (WAL): 6.5 years

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

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

ALBACORE EURO I: S&P Assigns BB- (sf) Rating on Class E Notes
-------------------------------------------------------------
S&P Global Ratings assigned its credit ratings to AlbaCore EURO CLO
I DAC's class A, B, C, D, and E notes. The issuer also issued
unrated subordinated notes.

Under the transaction documents, the rated notes pay quarterly
interest unless there is a frequency switch event. Following this,
the notes switch to semiannual payment.

The portfolio's reinvestment period ends approximately one year
after closing.

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

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

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

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

S&P said, "Our ratings reflect our assessment of the collateral
portfolio's credit quality, which has a weighted-average rating of
'B'. We consider that the portfolio will be well-diversified on the
effective date, primarily comprising broadly syndicated
speculative-grade senior secured term loans and senior secured
bonds. Therefore, we 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 EUR230 million par amount,
the covenanted weighted-average spread of 3.65%, the covenanted
weighted-average coupon of 4.50%, and the covenanted
weighted-average recovery rates for all rating levels. 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."

The transaction's documented counterparty replacement and remedy
mechanisms adequately mitigate its exposure to counterparty risk
under S&P's current counterparty criteria.

S&P said, "Following the application of our structured finance
sovereign risk criteria, we consider the transaction's exposure to
country risk to be limited at the assigned ratings, as the exposure
to individual sovereigns does not exceed the diversification
thresholds outlined in our criteria.

"We also consider the transaction's legal structure to be
bankruptcy remote, in line with our legal criteria.

"Our credit and cash flow analysis indicates that the available
credit enhancement for the class B to E notes could withstand
stresses commensurate with higher rating levels than those we have
assigned. However, as the CLO is still in its reinvestment phase,
during which the transaction's credit risk profile could
deteriorate, we have capped our assigned ratings on the notes. In
our view the portfolio is granular in nature, and well-diversified
across obligors, industries, and asset characteristics when
compared to other CLO transactions we have rated recently. As such,
we have not applied any additional scenario and sensitivity
analysis when assigning ratings on any classes of notes in this
transaction.

"Following our analysis of the credit, cash flow, counterparty,
operational, and legal risks, we believe that our ratings are
commensurate with the available credit enhancement for the class A,
B, C, D, and E notes.

"In addition to our standard analysis, to provide an indication of
how rising pressures among speculative-grade corporates could
affect our ratings on European CLO transactions, we have also
included the sensitivity of the ratings on the class A to E notes
to five of the 10 hypothetical scenarios we looked at in our recent
publication."

S&P Global Ratings acknowledges a high degree of uncertainty about
the evolution of the coronavirus pandemic. The consensus among
health experts is that the pandemic may now be at, or near, its
peak in some regions, but will remain a threat until a vaccine or
effective treatment is widely available, which may not occur until
the second half of 2021. S&P said, "We are using this assumption in
assessing the economic and credit implications associated with the
pandemic. As the situation evolves, we will update our assumptions
and estimates accordingly."

AlbaCore Euro CLO is a European cash flow CLO securitization of a
revolving pool, comprising euro-denominated senior secured loans
and bonds issued mainly by speculative-grade borrowers. AlbaCore
Capital LLP manages the transaction.

  Ratings List

  Class    Rating    Amount Subordination (%) Interest rate*
                   (mil. EUR)
  A       AAA (sf)   123.00       46.52    Three/six-month EURIBOR

                                             plus 1.53%
  B        AA (sf)    31.00       33.04    Three/six-month EURIBOR

                                             plus 2.50%
  C         A (sf)    15.00       26.52    Three/six-month EURIBOR

                                             plus 3.20%
  D       BBB (sf)    16.75       19.24    Three/six-month EURIBOR

                                             plus 3.87%
  E       BB- (sf)    13.20       13.50    Three/six-month EURIBOR

                                             plus 6.13%
  Sub. Notes   NR     33.70        N/A      N/A

*The payment frequency switches to semiannual and the index
switches to six-month EURIBOR when a frequency switch event occurs.


EURIBOR--Euro Interbank Offered Rate.
NR--Not rated.
N/A—-Not applicable


FOOTBALL ASSOCIATION: Execs Seek Meeting with Gov't Ministers
-------------------------------------------------------------
John Fallon at Irish Examiner reports that Football Association of
Ireland President Gerry McAnaney and Chairman Roy Barrett have
sought a meeting with government ministers to discuss "matters of
concern".

The July 17 letter is a response to a written assertion on July 9
by new Sports ministers Catherine Martin and Dara Calleary that the
full terms of Memo of Understanding (MoU) around the state bailout
must be implemented by members passing the rule changes at an EGM,
Irish Examiner relates.

Only then will the suspension of state funding to the FAI--imposed
last year--be lifted, Irish Examiner states.

Sport Ireland on July 17 confirmed the pending grants included the
FAI's Covid-19 emergency funding--understood to be a EUR10 million
chunk of the overall EUR40 million recently ringfenced for the
three main field sports, Irish Examiner notes.

The annual funding to subsidize half the salaries of the FAI
development officers also remains on hold, Irish Examiner relays.

According to Irish Examiner, Sport Ireland chief executive John
Treacy, speaking after the July 17 board meeting said: "Sport
Ireland has not paid out any of the EUR5.8 million grant funding to
the FAI in 2020 to date.

"Furthermore, no funding is scheduled to be paid in advance of the
FAI's EGM.  To avail of the funding support, the FAI is aware of
the need to make the essential amendments to its rules and
constitution in line with its commitments in the MOU.

"These changes are also required as a prerequisite to the FAI
applying to Sport Ireland for any portion of the additional EUR70
million of new government funding to support the sports sector
through the Covid-19 crisis."




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I T A L Y
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ASR MEDIA: S&P Lowers Bonds Rating to B, Off Watch Negative
-----------------------------------------------------------
S&P Global Ratings lowered its long-term issue-level rating on ASR
Media And Sponsorship's (MediaCo) bonds to 'B' from 'B+' and
removed the rating from CreditWatch negative.

ASR Media And Sponsorship (MediaCo) is the main financing vehicle
for Italian football club A.S. Roma (TeamCo). MediaCo services its
bond issuances through media and sponsorship contract receivables.
TeamCo depends on distributions from MediaCo to fund part of its
operations.

STRENGTHS

-- TeamCo has a long track record of participation in Serie A,
Italian football's top division.

-- TeamCo's brand represents MediaCo's key business asset.

-- Debt issued by MediaCo is structurally senior to TeamCo's
financial and operational expenses, including players' salaries.

RISKS

-- The team's on-pitch performance has a significant effect on
cash flows at MediaCo.

-- MediaCo's ability to repay its debt is somewhat dependent on
TeamCo's operations and financial conditions.

-- Under Italian law, creating and perfecting security over future
receivables (such as those future contracts that the MediaCos will
enter into) is more onerous than in most other secured financings
it rates.

A.S. Roma's operations and financial conditions, on which MediaCo
is dependent, have weakened in S&P's view.

As of the first nine months of the financial year (FY) ended March
31 2020, A.S. Roma reported a drop in EBITDA, coupled with growing
debt. The weakening financial conditions reflect the impact of the
first team's participation in the UEFA Europa League, which
generated lower revenue than that arising from the UEFA Champions
League during the previous year. They also reflect the early impact
of the COVID-19 pandemic, which prevented the transfer of players
to countries already affected by the pandemic during the winter
transfer window. The lower revenue is only partially compensated by
lower operating costs. S&P expects significantly weaker results in
the fourth quarter of FY2020, due to the loss of match day revenue
and lower broadcasting revenue collection than expected.

S&P said, "We have revised our approach to analyzing risks arising
from the interdependent relationship between MediaCo and its parent
TeamCo, correcting a previous misapplication of our criteria.

"We view MediaCo as intrinsically intertwined with TeamCo. If the
first team, managed and paid by TeamCo, is not competitive,
MediaCo's cash flow generation might suffer. In turn, if MediaCo
does not collect on its receivables or if it is prevented from
upstreaming cash, TeamCo might not have sufficient resources to
service its operating costs and operations. To allow us to consider
such unique credit characteristics, we rate the debt issued by
MediaCo using our "Principles Of Credit Ratings" methodology. Our
revised approach borrows from our corporate and project finance
rating frameworks. The rating outcome reflects the weaker of the
two possible assessments.

"Our corporate-based approach allows us to assess MediaCo as a
subsidiary of TeamCo.

"Our corporate methodology and assumptions recognize the link
between MediaCo and TeamCo through the analysis of these entities
on a consolidated basis. The framework allows us also to consider
the likelihood that a credit stress scenario for the group might
impair MediaCo's creditworthiness. Owing to the legal and
structural protections in place, we consider MediaCo's credit
quality not constrained by that of the group and, as such,
MediaCo's bonds can be rated up to a category higher.

"Our project finance-based approach allows us to assess the
structural seniority of MediaCo's lenders to TeamCo's expenses with
respect to broadcasting and sponsorship revenue."

MediaCo has priority access to the majority of TeamCo's revenue and
is only responsible for marginal operating costs. This, combined
with limited principal amortizations ahead of the August 2024
maturity, leads to healthy debt service coverage ratios (DSCR). In
order to assess and quantify the substantial refinancing risk to
which MediaCo's bonds are exposed, our analysis looks beyond their
maturity and simulates debt refinancing via an amortizing
instrument. Therefore, forecast DSCRs after 2024 are a better
indicator of creditworthiness, in our view. Considerations
regarding the importance of TeamCo's continued operations for
ongoing cash flows at MediaCo also remain at the core to our
project-finance assessment. S&P's parent-linkage assessment
captures these aspects and constrains our project finance-based
rating outcome.

S&P said, "The negative outlook indicates that we could lower the
issue-level ratings if we considered that the pandemic could cause
permanent operational and financial damage to Italian football.
This could occur, for example, if we were to expect a significant
repricing of key contracts or if any key stakeholders took steps
that demonstrated an elevated risk to TeamCo's business model.
Since MediaCo's business is exposed to TeamCo's performance, a
change in our view of TeamCo's credit quality would also lead us to
lower the ratings on MediaCo's bonds.

"We could revise the outlook back to stable once the pandemic's
effect on European and Italian football market dynamics becomes
clearer, including the impact on ongoing negotiations between key
stakeholders."




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

ROSE BEACHHOUSE: Moody's Affirms CFR at B2, Outlook Stable
----------------------------------------------------------
Moody's Investors Service has affirmed the B2 corporate family
rating and B2-PD probability of default rating of Rose Beachhouse
B.V., following the announcement of the acquisition of Roompot by
private equity firm Kohlberg Kravis Roberts & Co from PAI Partners.
Concurrently, Moody's affirmed the B2 instrument rating on the
EUR279.5 million senior secured term loan B and EUR30 million
senior secured revolving credit facility issued by Rouge Beachhouse
B.V. The outlook on all ratings was changed to stable from
negative.

The rating affirmation reflects the expectation that there will be
no impact on Roompot's credit metrics following the recent change
in ownership and that the new shareholders will adopt a financial
policy that would preserve the company's ability to maintain
financial ratios in line with the rating guidance for the B2
rating. The change in outlook to stable reflects the continued
improvement in operating performance supported by the strong
booking levels and Moody's expectation that Roompot's financial
metrics will revert to pre-crisis levels in 2021.

RATINGS RATIONALE

The acquisition of Roompot by KKR is not expected to impact
Roompot's credit metrics given that the new owners intend to
maintain the existing debt through a change of control waiver. The
remainder of the purchase price, plus transaction fees and
expenses, will be financed through an equity investment from KKR's
Core Investment fund. Based on these expectations, and with the
continued improvement in operating performance, Moody's adjusted
leverage is expected to be around 6.0x at the end of 2020 and to
decline below 6.0x in 2021. However, because of the significant
equity contribution, the rating also reflects the elevated risk of
a refinancing in the next 12-18 months which could slow the
deleveraging pace. Moody's understands that KKR's Core Investment
fund has a longer investment horizon and therefore would be more
supportive of a sustainable growth strategy with the maintenance of
a leverage that would be in line with the rating guidance for the
B2 rating. Moody's notes that in case of the refusal of the waiver,
the whole capital structure will have to be refinanced.

While the company was significantly affected by the lockdown
measures in March and April, it has seen a surge in demand from
domestic customers since May. Bookings from international
customers, mainly comprised of visitors from Germany and Belgium,
has also increased significantly following the easing of border
restrictions in June. Based on the latest booking volumes Roompot
expects to exceed its summer and possibly its autumn revenue budget
and Moody's expects the staycation trend to continue to support the
recovery in 2021.

The rating affirmation continues to be supported by (1) Roompot's
established position in the holiday park market in the Netherlands
with exposure to the faster-growing coastal segment; (2) the
positive market fundamentals further supported by the acceleration
in staycation trend driven by the coronavirus outbreak; (3) its
business resilience during previous economic downturns; (4) good
revenue visibility from its pre-bookings and flexible cost base;
(5) healthy free cash flow generation supported by good margins,
structurally negative working capital and moderate capital spending
needs; (6) inhouse dynamic pricing tools and well-maintained
website; and (7) sizeable real estate asset base.

Nevertheless, the disruption caused by the coronavirus during the
first half of this year will result in weaker credit metrics in
2020. While Moody's expects the operating performance to recover to
pre-crisis levels in 2021, Roompot remains vulnerable to a
potential second wave of the coronavirus and a prolonged economic
recession could slow down the recovery pace, which would put
immediately negative pressure on the assigned rating. The company's
rating also continues to be constrained by (1) its small size and
lack of geographical diversification; (2) some seasonality; and (3)
its exposure to macroeconomic factors and the discretionary nature
of holiday spending.

Moody's regards the coronavirus outbreak as a social risk under its
ESG framework given the substantial implications for public health
and safety.

STRUCTURAL CONSIDERATIONS

The acquisition of Roompot will be at the holding company Koos
Holding Cooperatief U.A. and therefore will include the Propco
debt, which will remain outside of the restricted group. The Propco
holds part of the real estate that has been rented by Roompot. The
capitalized lease liabilities are added to the debt of Roompot and
the debt at the Propco is serviced via rent payments from Roompot.
Moody's notes that the intragroup rent between the restricted group
and the Propco remains a potential risk of future cash leakages
since restrictions regarding the rent levels in the SFA are
relatively loose. Rose Beachhouse B.V. will remain the top entity
of the restricted group and the shareholder loan entering the group
from Koos Holding Cooperatief U.A. to Rose Beachhouse B.V. will
remain in place with no changes to the SHL agreement. The B2 rating
on the EUR279.5 million senior secured TLB and the EUR30 million
RCF is in line with the company's corporate family rating. The
collateral package consists of a pledge over the Dutch real estate
properties, most of the group's bank accounts, intragroup
receivables and shares. Moody's understands that tangible assets
amounted to EUR634 million as of December 31, 2019. The facilities
also benefit from upstream guarantees from the group's operating
subsidiaries, which represent more than 80% of aggregate EBITDA and
assets.

LIQUIDITY

Roompot's liquidity is adequate and has significantly improved over
the last couple of weeks. As of mid-July, the company had around
EUR120 million of cash on balance sheet and has access to EUR30
million RCF that was fully repaid at the end of May. However, it is
important to note that the cash position is typically the highest
in summer just before the peak season due to Roompot's customer
pre-payment policy. Working capital outflow typically happens
during the second half of the year with an average peak to trough
change of around EUR50-60 million. Given that the company offered
around EUR31 million of vouchers, of which around EUR20 million
have not been utilised, Moody's expects working capital outflow to
be higher this year. Nevertheless, under the current assumptions,
the liquidity position is expected to be sufficient to service its
debt and cover the working capital and capex needs. FCF is also
expected to break even or be slightly positive in 2020 given its
flexible cost structure and moderate capital expenditure needs.
Moody's understands that at year end the company expects cash on
balance sheet to be around EUR20-30 million (before any RCF
drawdown) which will be supported by an equity overfunding at the
time of closing if needed.

RATING OUTLOOK

The stable outlook reflects the continued strong booking levels
driven by the staycation trend and Moody's expectation that
Roompot's financial metrics will revert to pre-crisis levels in
2021. This is under the assumption that Roompot will not make any
material debt-funded acquisitions or shareholder distributions that
would result in a Moody's adjusted leverage of above 6.0x. The
stable outlook also reflects Moody's expectation that the liquidity
will remain adequate with a cash balance at year end of at least
EUR20-30 million.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Upward rating pressure would not arise until the coronavirus
outbreak is brought under control and travel restrictions are
lifted. Over time, Moody's could upgrade the company's rating if
the company is able to protect its good margins, leverage moves
towards 4.5x, free cash flow is consistently positive and absent
any material debt-funded acquisitions or shareholder
distributions.

Conversely, Moody's could downgrade the rating if Roompot's
liquidity profile significantly deteriorates or if leverage is
sustained above 6.0x either driven by increased debt levels, or
weakening operating profitability which can be caused e.g. through
another wave of the covid outbreak. Any increase in debt to finance
dividends or acquisitions could also put negative pressure on the
ratings.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.

COMPANY PROFILE

Rose Beachhouse B.V. is a leading holiday park operator based in
the Netherlands. The company operates 33 owned parks and acts as a
booking agent for 130 third-party-operated parks in different price
segments, including budget, mass market and premium brands. In
2019, Roompot generated EUR399 million in revenue and EUR82 million
in management-adjusted consolidated EBITDA (including EUR8 million
EBITDA generated outside of the restricted group).



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

METALLOINVEST: Fitch Affirms LT IDR & Sr. Unsec. Rating at BB+
--------------------------------------------------------------
Fitch Ratings has affirmed Russia-based AO Holding Company
METALLOINVEST's Long-Term Issuer Default Rating and senior
unsecured ratings at 'BB+'. The Outlook on the Long-Term IDR is
Stable.

The affirmation and Stable Outlook reflect Metalloinvest's strong
operational profile, including low cost iron ore, pellets, hot
briquetted iron and long steel production, and an expectation that
the company will maintain neutral or positive free cash flow  after
dividends over the next four years, based on the distribution
policy put in place in January 2019. Forecast earnings are clearly
lower than last year, with Fitch EBITDA of USD1.9 billion for 2020
taking into account both competitive steel markets linked to the
sudden coronavirus-induced recession and continued deficit in the
iron ore market supported by demand from China and some upside
volatility of prices from supply restrictions.

Fitch forecasts funds from operations gross leverage of 2.3x-2.4x
over the rating horizon, in line with the ratio guideline for the
'BB+' rating. The affirmation takes into account currently stressed
market conditions for steel, whereas Fitch rates through the cycle,
and that the company retains financial flexibility to further
reduce capex or distributions if the economic recovery takes longer
to materialise than the end of 2021.

KEY RATING DRIVERS

Moderate Gearing: Fitch expects leverage to increase by 0.3x-0.4x
on average over 2020-2023 compared with 2019, linked to lower
earnings in the near term due to the impact of the coronavirus
pandemic and over the medium term due to Fitch's conservative
mid-cycle price assumptions. FFO gross leverage is forecast at
2.3-2.4x (2019: 2.0x) and FFO net leverage at 2.1-2.2x (2019:
1.9x). Gross leverage is in line with its ratio guideline for the
'BB+' Long-Term IDR, while net leverage is slightly above the
guideline.

Robust Financial Flexibility: Fitch anticipates that the company
will preserve neutral or positive FCF, in line with its
distribution policy. The rating case assumes 20% less capex in 2020
than the longer-term average of USD500 million and forecasts
distributions remaining at healthy levels, providing flexibility to
steer the financial profile in case the economic recovery takes
longer than anticipated (beyond end- 2021).

Transparent Financial Policies: The distribution policy covers both
common dividends and dividend-like inter-company loans, and
stipulates that post-dividend FCF should be positive. Dividend
payments are linked to net leverage and EBITDA, which means
Metalloinvest will moderate dividends if market fundamentals
weaken. The company aims to keep net debt/EBITDA at the lower end
of 2x-2.5x through the cycle (1.5x at end-2019). Over the longer
term, the board targets a comfortable net debt level of USD3
billion (USD3.7 billion at end-2019), which supports its commitment
to reducing debt.

Earnings Underpinned by Mining Division: Demand for iron ore
products, including fines, pellets and HBI, remains robust, mainly
supported by demand from China. Fitch's 2020 forecast EBITDA of
USD1.9 billion comes from the mining division (in full), with no
contributions from the steel division anticipated. As market
conditions normalise over the medium term, Fitch assumes that
mid-cycle EBITDA of around USD1.7 billion includes USD300
million-USD350million of earnings from steel assets.

Iron Ore Market Remains Tight: Prices have been resilient so far in
2020 as supply disruptions in Brazil and Australia during 2019
lowered inventory levels and Chinese steel production has remained
relatively high despite coronavirus (62% Fe CFR China has traded at
or above USD90/tonne on average in 1H20). Market prices will move
lower in 2H20 as a result of (seasonally) increasing output in
Brazil and Australia. Its commodity price assumptions remain quite
conservative at USD75/t for 2H20 (CFR China) and USD60/t for
2021-2023.

The price assumption for 2H20 does not factor in any upside price
volatility from potential further supply disruptions from the
coronavirus pandemic. For example, high levels of worker
absenteeism continue to impact production output in Brazil.

Oversupplied Steel Markets: Steel consumption is expected to
contract this year by high single-digit percentage terms globally.
COVID-19 restrictions have impacted manufacturing activity more
extensively than construction, weakening flat steel demand more
than for construction-focused longs. Russian crude steel production
decreased in January through May 2020 by 1.3% yoy, holding up
better than in other major steel-producing regions.

Due to decreased demand, steel mills brought forward planned
maintenance. Lockdown measures in Russia did not apply to
steelmaking. Steel margins in 2020 will be low in relative terms
with Russian players diverting more material to export markets than
under normal market conditions.

Competitive Cost Position: Mikhailovsky and Lebedinsky mining and
beneficiation complexes of Metalloinvest are both positioned in the
first quartile of the global cash cost curve for pellets (based on
business costs), due to low energy costs, a weak rouble and an
ability to efficiently beneficiate ore. Complete self-sufficiency
in iron ore products and HBI/pig iron feedstock, as well as lower
logistic expenses due to close proximity of mining and steelmaking
facilities, underpin the lower first quartile position of the
company's main steelmaking electric arc furnace site, OEMK, on the
global long product cost curve.

Metalloinvest's Ural Steel is a less efficient plant placed in the
third quartile and can be lossmaking when the spread between iron
and steel prices narrows, as occurred in 2019.

Low Carbon Steel: OEMK is the most efficient steelmaking site in
Russia from the perspective of Scope 1 carbon dioxide emissions per
ton of steel produced according to CRU's estimate. This will
support the plant's competitive position if the EU introduces a
carbon border tax and further tightening of environmental
regulation.

Mining Key Strength: Metalloinvest is the largest iron ore producer
in Russia and the fifth-largest globally with 40mt of iron ore
production, including 28mt pellets in 2019, and a top-five steel
producer in Russia. The company's strategy is primarily focused on
high value-added iron ore products (higher priority) followed by
high grade steel. The market leading profitability of its mining
division is clearly the key strength of the business.

Corporate Governance Catching Up Peers: Metalloinvest is a private
company with transparent reporting, a clearly defined distribution
policy and a public commitment to debt reduction over the longer
term. The company is progressing with streamlining its corporate
structure in order to reduce complexities of decision processes
within the group and of observing legal and regulatory
requirements; in 4Q19 Metalloinvest completed the consolidation of
MGOK shares and thus increased its ownership to 100.0% from 99.3%.

DERIVATION SUMMARY

Metalloinvest is adequately positioned against Russian steel peers
PJSC Novolipetsk Steel (BBB/Stable) and Evraz plc (BB+/Stable).

Metalloinvest's iron ore mining assets have a similar operating
profile to NLMK's. Metalloinvest is focused on mining with over 75%
of earnings generated by iron ore, pellets and HBI/DRI and the rest
by steel, while NLMK focuses on steelmaking, with only about a
quarter of earnings coming from iron ore and pellets (in both cases
earnings contributions are based on normal mid-cycle market
conditions). Both companies benefit from low-cost iron ore/pellets
operations, which sit in the first-second quartile of the global
cost curve. Metalloinvest's OEMK and NLMK's Lipetsk sites are the
lowest cost steelmaking operations in long and flat products,
respectively.

Evraz generates half of its earnings or less from steelmaking,
whereas value creation from iron ore, coal mining and vanadium
operations represents half of its earnings or more. It is fully
self-sufficient in coking coal and 70% in iron ore. Its integrated
steel assets are placed in the first quartile of the global cost
curve. Evraz is more focused on long products in rail and
construction industries, while Metalloinvest focuses on
semi-finished long products for construction and finished products
for the automotive sectors.

NLMK has the most conservative financial profile with an FFO gross
leverage below 1.5x. Gross leverage for both Metalloinvest and
Evraz are projected at 2.3x-2.4x over the medium term.

KEY ASSUMPTIONS

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

  - Iron ore and coking coal prices in line with Fitch's commodity
price assumptions. Iron ore: USD75/t for the rest of 2020, USD60/t
in 2021-2023. Coking coal: USD140/t in 2020 and thereafter.

  - USD/RUB 70.4 in 2020, 68.9 in 2021, 68 in 2022 and 67 in 2023.

  - Steel product prices under pressure throughout 2020 with some
recovery in 2021, returning to pre-coronavirus levels in 2022.

  - Low single digit decline in steel segment sales in 2020 with
recovery thereafter.

  - Flat iron ore and pellets production. Increased internal
consumption of pellets due to upgrade at Ural Steel.

  - Capex at USD400 million in 2020 and on average USD500 annually
in 2021 and thereafter.

  - Distributions (dividend together with inter-company loans)
moderating from the peak reported in 2019.

  - Positive FCF after distributions; FCF margin in low- to
mid-single digits.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

  - FFO gross leverage below 2.0x (or net leverage below 1.5x)

  - Proven conservative financial policy evidenced by continuous
debt reduction

  - Positive post-dividend FCF

  - Material progress streamlining the company's corporate
structure

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

  - Aggressive capex or dividends driving FFO gross leverage to
above 2.5x (or net leverage to above 2.0x)

  - Market pressure leading to EBITDA margin below 25% for a
sustained period

  - Material related-party transactions with shareholders or
non-core investments that are detrimental to Metalloinvest's
financial profile

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Comfortable Liquidity Position: As at end-March 2020, Metalloinvest
held USD391 million of unrestricted cash and around USD64 million
in available committed credit facilities with maturities in 2022.
In addition, the company recently signed a EUR40 million committed
credit line with maturity in 2027 and extended its USD200 million
revolver to July 2023. In comparison, maturities were around USD25
million for the remainder of 2020 and USD234 million for 2021.

Fitch expects the business to generate some positive post-dividend
FCF over the next four years. As a result, the company is
adequately funded into 2022.

SUMMARY OF FINANCIAL ADJUSTMENTS

  - USD114 million of lease liabilities excluded from the total
debt amount;

  - USD10 million of depreciation and USD9 million of interest for
leasing contracts treated as operating expenditure, reducing
EBITDA;

  - US90 million factoring added back to debt;

  - Loans advanced to related parties, net of repayments and
interest received reclassified as common dividends, in total
USD1,022 million.

REFERENCES FOR SUBSTANTIALLY MATERIAL SOURCE CITED AS KEY DRIVER OF
RATING

The principal sources of information used in the analysis are
described in the Applicable Criteria.

ESG CONSIDERATIONS

The highest level of ESG credit relevance, if present, is a score
of 3. This means ESG issues are credit-neutral or have only a
minimal credit impact on the entity(ies), either due to their
nature or to the way in which they are being managed by the
entity(ies).



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

CODERE SA: Moody's Rates New EUR250MM Super Senior Notes B3
-----------------------------------------------------------
Moody's Investors Service has assigned a B3 rating to the proposed
EUR250 million super senior notes due September 2023, issued by
Codere Finance 2 (Luxembourg) S.A. Codere S.A.'s existing Caa3
corporate family rating and Caa3-PD probability of default rating
remain unchanged. The outlook is negative on all ratings.

On July 13, 2020, Codere announced that it has reached agreement
for the terms of a proposed refinancing transaction with an ad hoc
group of existing bondholders. The transaction includes the
issuance of EUR250 million super senior notes that will be used to
provide additional liquidity, repay the existing revolving credit
facility and pay for transaction fees and expenses. The new notes
will be drawn in two instalments, EUR85 million upon signing of
definitive documentation at the end of July and EUR165 million upon
completion of the amendments in October. Along with this issuance,
the transaction also includes a consent request to (i) extend the
maturity of its existing bonds by two years, (ii) amend the super
senior debt capacity in the documentation to allow the incurrence
of the new notes and (iii) introduce a liquidity covenant, among
others changes. The interest rate on the existing senior secured
notes will be changed from a full cash-pay coupon to a combination
of cash-pay and PIK toggle mechanism, at the company's option.

Upon completion, Moody's will likely consider the maturity
extension as a distressed exchange.

RATINGS RATIONALE

The contemplated transaction will improve Codere's liquidity. While
Moody's previously expected the company to run out of cash by
August 2020, the rating agency now calculates that the injection of
EUR114.1 million additional liquidity will provide enough cash for
Codere to keep operating during the coronavirus crisis.
Furthermore, the maturity extension will remove the near-term
refinancing risk.

However, the situation in Latin America remains uncertain, as
evidenced by the change in re-opening expectations for casinos and
gaming halls from mid-July to mid-August. As ofMoody's has,
Codere's operations are still closed in Argentina, Panama, Colombia
and Uruguay and only a few states in Mexico have agreed to re-open.
Beyond the longer lockdown period that Moody's expected in LatAm
and also compared to Europe, Moody's believes that there is
potential for a material decline in consumer spending in the next
12-18 months because of Moody's expectations of a weakening
macroeconomic environment. There are also risks associated with
adverse foreign exchange movements, in particular the Mexican and
Colombian pesos which have weakened by 15-25% against the Euro
since the end of February 2020 and the continuous depreciation of
the Argentinian peso.

In contrast, Moody's positively views the re-opening of Codere's
Spanish and Italian operations on June 15 and the restart of the
major European football leagues in May and June, which will support
the company's sports betting operations. Furthermore, preliminary
data in those two countries shows a better-than-expected
performance since re-opening. Moody's expects the social distancing
measures imposed in gaming venues will have a negative impact on
gross gaming revenues, albeit to a much lower extent than the
related decrease in client capacity.

ESG CONSIDERATIONS

The gaming sector is one of the sectors most significantly affected
by the rapid and widening spread of the coronavirus outbreak and
deteriorating global economic outlook given the closure of gaming
venues and its sensitivity to consumer demand. Moody's regards the
coronavirus outbreak as a social risk under its ESG framework,
given the substantial implications for public health and safety.

LIQUIDITY PROFILE

Moody's considers Codere's liquidity to be weak. Pro forma the
transaction, Moody's expects the company to have close to EUR130
million cash on balance sheet as of October 31, 2020, following the
second drawing under the new super senior notes. Moody's estimates
that the company will burn around EUR140-160 million of cash in
2020 (excluding, revised up from its previous expectations of
EUR110-140 million.

On a run-rate basis, Moody's expects that free cash flow generation
will remain limited at EUR0-10 million, assuming the full interest
payment in cash. This level of cash generation will be heavily
reliant on Codere's ability to increase EBITDA back to the 2019
level.

The amended documentation will contain a liquidity covenant based
on a minimum amount of cash available set at EUR40 million and
tested on a monthly basis when net leverage is above 3.0x or the
rating is below B-/B3. Under its base case, Moody's expects Codere
to maintain an adequate headroom under this covenant.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if the company addresses its capital
structure and debt maturities in a manner that leaves it with
adequate liquidity.

The ratings could be downgraded if the company fails to close the
transaction and Moody's estimates of recovery in an event of
default decline.

STRUCTURAL CONSIDERATIONS

Using Moody's Loss Given Default for Speculative-Grade Companies
methodology, the super senior notes are rated B3, three notches
above the current CFR, due to priority over the proceeds in an
enforcement under the Intercreditor Agreement. However, the super
senior notes will be subordinated to the existing RCF for as long
as it remains outstanding.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Gaming Industry
published in December 2017.

COMPANY PROFILE

Founded in 1980 and headquartered in Madrid (Spain), Codere is an
international gaming operator. The company is present in nine
countries where it has market leading positions: Spain and Italy in
Europe and Mexico, Argentina, Uruguay, Panama and Colombia in Latin
America. In 2019, the company reported operating revenue of
EUR1,389 million and adjusted EBITDA of EUR319 million post IFRS
16.

OBRASCON HUARTE: Fitch Cuts LT IDR to CC on Poor Liquidity Position
-------------------------------------------------------------------
Fitch Ratings has downgraded Spanish engineering and construction
group Obrascon Huarte Lain SA's Long-Term Issuer Default Rating to
'CC' from 'CCC+'. Concurrently, Fitch has downgraded the group's
senior unsecured rating to 'CC'/'RR4'/'33%' from
'CCC+'/'RR4'/'32%'.

The downgrade reflects a deteriorating liquidity position and an
increasing risk of a debt restructuring. Fitch believes that
refinancing risk has significantly increased in the past six months
given the current level of leverage. Financial flexibility has
diminished over the past few quarters and Fitch expects elevated
cash consumption over the short-term. Fitch believes that
continuing working capital requirements from legacy projects will
be compounded by cash consumption in the regular business driven by
the pandemic.

OHL has limited readily available cash and is increasingly
dependent on cash held in JVs, successful collection of
receivables, potential disposals and other funding sources, which
are subject to significant execution risk.

KEY RATING DRIVERS

High Refinancing Risk: Fitch believes that refinancing risk of
OHL's outstanding bonds have increased significantly in the past
six months. Fitch estimates that OHL's current liquidity will not
be sufficient to cover upcoming bond maturities, and believes that
debt restructuring is imminent. OHL's ongoing working capital
requirements related to legacy projects are now compounded by an
adverse market environment, which all contribute to a deteriorating
liquidity position. The group is due to repay its senior bonds of
EUR323 million in March 2022 and about EUR273 million in March
2023.

Tight Liquidity Headroom: Fitch expects elevated cash consumption
over the short term to lead to very limited financial flexibility.
Consequently, OHL will remain highly reliant on funding sources
that are subject to execution risk. Absent any additional committed
credit lines, Fitch believes OHL's liquidity is mainly supported by
around EUR352 million total reported cash as of end-1Q20 and EUR70
million cash proceeds from a new EUR140 million syndicated loan
backed by the government. However, a large share of the reported
cash is located in JVs and may be not readily available.

Unsustainable Financial Leverage: Fitch believes that OHL's capital
structure is unsustainable over the medium term. Fitch expects very
high funds from operations gross leverage in the medium term, far
above its 'b' category median for E&C companies of 4.5x. The
forecast high leverage metrics are primarily driven by persistent
weak cash generation. Alternative funding sources, such as
disposals of Old War Office and Canalejas development projects,
could provide an additional cash buffer in the medium term, but are
not incorporated into Fitch's forecasts.

Persistent Negative Free Cash Flow: Fitch sees high working capital
outflows in the short term, driven by legacy-project overhangs and
cash burn from the core business due to the pandemic. While they
should improve with an expected construction market recovery in
2021 subdued operating profitability and significant working
capital requirements should lead to negative in 2021-2023.

Strengths in Business Profile: OHL's business profile is
underpinned by strong market positions, a fairly stable order book
and sound diversification. OHL ranks as a top-50 international E&C
contractor and boasts a solid market position in roads and
railways. It has a globally diversified geographic footprint with
around two-thirds of revenues generated outside Spain, mainly in
the US and Latin America. OHL has moderate customer concentration
with its top-10 customers accounting for around half of its
backlog.

DERIVATION SUMMARY

OHL's 'CC' Long-Term IDR reflects Fitch's view that default is
probable.

KEY ASSUMPTIONS

  - Revenues of around EUR2.8 billion in 2020, gradually increasing
towards EUR3 billion in 2023

  - EBITDA margin of around 1% in 2020, 2.5% in 2021 and gradually
increasing to 3.5% by 2023

  - Capex at around 1.5% of sales in 2020 and 1.6% in 2021-2023

  - Working capital requirement of around 8% of revenues in 2020,
5% in 2021 and below 3% in 2022-2023

  - No acquisitions or other divestments

  - No dividends

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

  - Reduction of refinancing risk through successful refinancing of
the March 2022 bond, coupled with sufficient liquidity to support
operations over the next 12 months

  - Introduction of new material liquidity sources

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

  - Formal start of a debt restructuring process that qualifies as
a distressed debt exchange under Fitch's criteria

  - Acceleration of cash burn leading to a payment default

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Non-Financial Corporate
issuers have a best-case rating upgrade scenario (defined as the
99th percentile of rating transitions, measured in a positive
direction) of three notches over a three-year rating horizon; and a
worst-case rating downgrade scenario (defined as the 99th
percentile of rating transitions, measured in a negative direction)
of four notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAA' to 'D'. Best- and worst-case scenario credit ratings are
based on historical performance.

LIQUIDITY AND DEBT STRUCTURE

Tight Liquidity: As of March 31, 2020, liquidity was supported by
around EUR352 million total reported cash including a significant
amount of cash held in JVs, which Fitch deems as not readily
available to OHL. In April 2020, liquidity was strengthened by
EUR70 million cash proceeds from the new EUR140 million syndicated
loan backed by the government. Fitch expects negative FCF of around
EUR310 million in 2020 and EUR190 million in 2021. As of March 31,
2020, short-term maturities included around EUR39 million of
recourse borrowings (already repaid during 2Q20) and EUR62 million
of factoring.

Fitch believes that OHL's current liquidity position and expected
cash flow profile alone will not be sufficient to address the
upcoming total EUR593 million bond maturities in 2022-2023. Fitch
believes that liquidity will be increasingly dependent on the cash
held in JVs, potential new debt drawdowns, successful collection of
receivables, potential disposals and other funding sources that are
subject to execution risk. Its rating case excludes some potential
cash buffers including potential divestments of OHL's stakes in the
Canalejas and Old War Office development projects with total net
book value of around EUR259 million as at March 31, 2020.

Debt Structure: OHL's debt mainly comprises two senior unsecured
bonds of EUR323 million due March 2022 and EUR270 million due March
2023. The group already repaid its EUR73 million bond in March
2020. As of March 31, 2020, OHL had about EUR55 million of
non-recourse project level debt and EUR39 million recourse
borrowings (already repaid during 2Q20). In addition, it has used a
factoring line with a total outstanding amount of approximately
EUR62 million as of March 31, 2020.

SUMMARY OF FINANCIAL ADJUSTMENTS

  - Cash of EUR425 million at end-2019 treated as restricted
including cash held in JVs and cash restricted for intra-year
working capital swings

  - Off-balance sheet factoring added to debt at end-2019

  - The spread between the carrying amount of the senior secured
notes and cash principal due adjusted for debt calculation

  - The recovery calculation assumes that the enterprise value of
OHL and the resulting recovery of its creditor would be maximised
in a liquidation rather than in a restructuring (going-concern
approach) due to a significant amount of outstanding receivables

  - The advance rates used in the recovery analysis are 50% each
for account receivables; inventory; and net property, plant and
equipment

REFERENCES FOR SUBSTANTIALLY MATERIAL SOURCE CITED AS KEY DRIVER OF
RATING

The principal sources of information used in the analysis are
described in the Applicable Criteria.

ESG CONSIDERATIONS

Obrascon Huarte Lain SA (OHL): Governance Structure: 4

Except for the matters discussed, the highest level of ESG credit
relevance, if present, 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.

RMBS SANTANDER 6: Moody's Rates Serie B Notes Caa1
--------------------------------------------------
Moody's Investors Service has assigned the following definitive
ratings to Notes issued by FONDO DE TITULIZACION RMBS SANTANDER 6:

EUR3,780M Serie A Notes due February 2063, Definitive Rating
Assigned Aa3 (sf)

EUR720M Serie B Notes due February 2063, Definitive Rating Assigned
Caa1 (sf)

Moody's has not rated the EUR225M Serie C Notes due February 2063.

RATINGS RATIONALE

The definitive ratings take into account the credit quality of the
underlying mortgage loan pool, from which Moody's determined the
Moody's Individual Loan Analysis Credit Enhancement assumption and
the portfolio's expected loss.

The key drivers for the portfolio's expected loss of 7.0% are: (i)
performance of the originators' preceding transactions; (ii)
benchmarking with comparable transactions in the Spanish RMBS
market; (iii) analysis of the static information on delinquencies
and recoveries received from Banco Santander S.A. (Spain) and Banco
Popular S.A. to rate precedent deals; and (iv) current economic
environment in Spain.

The key drivers for the 24.0% MILAN CE number, which is above the
average for Spanish RMBS, are: (i) the high LTV nature of this pool
with current weighted-average loan-to-value ratio of 82.5%
calculated taking into account the original full property
valuations; (ii) 22% of the loans have been previously in arrears
(+30 days) at least once since the loans were granted. However, for
loans originated by Banco Popular S.A. there is no payment history
available before January 1, 2019; (iii) the fact that 9.6% of the
borrowers in the pool are not Spanish nationals; (iv) the high
proportion 13.4% of restructured loans in the portfolio; and (v)
around 15.8% of the loans are in payment holidays due to COVID-19
moratorium.

The rapid spread of the coronavirus outbreak, the government
measures put in place to contain it and the deteriorating global
economic outlook, have created a severe and extensive credit shock
across sectors, regions and markets. Its analysis has considered
the effect on the performance of residential mortgages from the
collapse in Spanish economic activity in the second quarter and a
gradual recovery in the second half of the year. However, that
outcome depends on whether governments can reopen their economies
while also safeguarding public health and avoiding a further surge
in infections. As a result, the degree of uncertainty around its
forecasts is unusually high. Moody's regards the coronavirus
outbreak as a social risk under its ESG framework, given the
substantial implications for public health and safety.

Moody's considers that the deal has the following credit strengths:
(i) the full subordination of the Serie B, equivalent to 16.0% of
the original balance of the Notes; and (ii) a reserve fund, which
was funded at closing and is equal to 5.0% of the original balance
of the Notes; the reserve fund covers potential shortfalls in the
Notes' interest and principal during transaction's life.

The portfolio contains 95.69% floating-rate loans linked to
12-month EURIBOR, 3.18% fixed rate loans and 1.13% floating-rate
loans linked to TRH Total Entidades, whereas the Notes are linked
to three-month EURIBOR and reset quarterly. The transaction is not
protected by an interest rate swap. This risk has been taken into
account when assessing the subordination levels and only partial
value was given to the available spread. Moody's analysis takes
into account the potential interest rate exposure in order to
assess the ratings.

Banco Santander S.A. (Spain) will continue servicing the
securitised loans. Even if there is no back-up servicer in the
transaction, the management company acts as back-up servicer
facilitator and independent cash manager.

The reserve fund provides liquidity support and is sufficient to
cover 30 months of interest payments and senior expenses.

The principal methodology used in these ratings was "Moody's
Approach to Rating RMBS Using the MILAN Framework" published in May
2020.

The analysis undertaken by Moody's at the initial assignment of
ratings for RMBS securities may focus on aspects that become less
relevant or typically remain unchanged during the surveillance
stage. Please see "Moody's Approach to Rating RMBS Using the MILAN
Framework" for further information on Moody's analysis at the
initial rating assignment and the on-going surveillance in RMBS.

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

Factors that may lead to an upgrade of the ratings include a
significantly better-than-expected performance of the pool combined
with an increase of the Spanish Local Currency Country Risk
Ceiling.

Factors that may cause a downgrade of the ratings include
significantly different loss assumptions compared with its
expectations at closing due to either: (i) a change in economic
conditions from its central forecast scenario; or (ii)
idiosyncratic performance factors that would lead to rating
actions. Finally, a change in Spain's sovereign risk may also
result in subsequent rating actions on the Notes.



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

BUZZ BINGO: Caledonian Investments to Inject GBP22MM New Equity
---------------------------------------------------------------
Selin Bucak at Private Equity News reports that Caledonia
Investments has decided to inject GBP22 million in new equity into
Buzz Bingo, as the company embarks on a restructuring process to
protect its long-term prospects following the impact of the
Covid-19 pandemic.

According to Private Equity News, the UK's biggest retail bingo
business has proposed a company voluntary arrangement (CVA), which,
if approved, will result in the closure of 26 of 117 retail clubs
and approximately 570 redundancies.

Caledonia said the majority of positions for Buzz's 3,400 employees
are expected to be secured, Private Equity News relates.

While Buzz Bingo is planning a phased reopening of its venues from
August, the management said it anticipates a reduced customer
attendance, Private Equity News notes.  This is expected to impact
a number of clubs, which will be unable to operate profitably,
Private Equity News states.

Law firm Macfarlanes, through a team led by relationship partner
Stephen Drewitt and restructuring and insolvency head Jat Bainshas,
advised Buzz Bingo on the restructuring process, Private Equity
News discloses.  Macfarlanes, as cited by Private Equity News, said
it is also assisting with the restructuring of a debt facility to
release GBP10 million from the existing senior lender.  

Alix Partners is acting as the CVA nominee, Private Equity News
notes.

"Coronavirus has had a significant impact on our business and on
the entire leisure and hospitality industry. We have therefore had
to make some difficult decisions about how we move forward and
ensure that we protect the future of Buzz Bingo," Private Equity
News quotes Buzz Bingo CEO Chris Matthews as saying.


CPUK FINANCE: S&P Lowers Class B2-Dfrd Notes Rating to B-(sf)
-------------------------------------------------------------
S&P Global Ratings lowered to 'B- (sf)' from 'B (sf)' and removed
from CreditWatch negative its credit ratings on the class B2-Dfrd
and B3-Dfrd notes issued by CPUK Finance Ltd. At the same time, S&P
has affirmed and removed from CreditWatch negative S&P's 'BBB (sf)'
ratings on the class A2, A4, and A5 notes. The downgrade of the
class B notes reflects the spike in the operating company's
leverage beyond 8.0x due to the impact of COVID-19, which it
forecasts to remain at those levels over the next 12-24 months.

In the U.K., along with other non-essential businesses, the lodging
sector including holiday parks and forest accommodation, were shut
from March 22, 2020. Transactions backed by operating cash flows
from lodging and holiday were particularly hard hit by the
mandatory restrictions imposed by the U.K. government, which
prohibited overseas and domestic holiday. After 15 weeks of
lockdown, the government permitted the sector in England to begin
trading from July 4. Even as the sector begins to operate again,
the social distancing measure along with the recessionary economic
environment, will have a material adverse impact on the financial
performance of the entire lodging sector.

CPUK Finance Ltd.is a corporate securitization, where the
collateral is in form of secured loans made by the issuer to the
borrowers. The borrowers' primary source of funds for ongoing
payments is cash flow from the operations of a portfolio of five
short-stay holiday villages located in the U.K. The borrower and
its subsidiaries granted security (fixed and floating) over the
borrower's operating assets, shares, and accounts to guarantee
undertakings under the loan and ensure that noteholders have the
ability to enforce the security in line with covenants, thereby
gaining control over the cash generating operating assets and, if
necessary, appointing an administrative receiver to control any
insolvency process.

The transaction blends a corporate securitization of the U.K.
operating business of the short break holiday village operator
Center Parcs Holdings 1 Ltd. (CPH1), the borrower, with a
subordinated high-yield issuance. It originally closed in February
2012 and has been tapped several times since, most recently in
November 2018.

S&P Global Ratings acknowledges a high degree of uncertainty about
the evolution of the coronavirus pandemic. The consensus among
health experts is that the pandemic may now be at, or near, its
peak in some regions but will remain a threat until a vaccine or
effective treatment is widely available, which may not occur until
the second half of 2021. S&P said, "We are using this assumption in
assessing the economic and credit implications associated with the
pandemic. As the situation evolves, we will update our assumptions
and estimates accordingly."

Business Risk Profile

S&P said, "We have applied our corporate securitization criteria as
part of our rating analysis on the notes in this transaction. As
part of our analysis, we assess whether the operating cash flows
generated by the borrower are sufficient to make the payments
required under the notes' loan agreements by using a debt service
coverage ratio (DSCR) analysis under a base-case and a downside
scenario. Our view of the borrowing group's potential to generate
cash flows is informed by our base-case operating cash flow
projection and our assessment of its business risk profile, which
is derived using our corporate methodology.

"The COVID-19 outbreak had a severe impact on the lodging and
hospitality industry in the U.K., and we believe the industry is
unlikely to revert back to its 2019 performance until 2022.
However, we anticipate some divergence amongst the operators within
the sector. We consider entities targeting domestic holiday-goers
and located in outdoor settings, will likely see the underlying
demand recover relatively quickly compared to those businesses
dependent on international travelers, and those located within
urban regions.

"We continue to assess Center Parcs', the borrower's, business risk
profile (BRP) as fair. In line with our views of other U.K. lodging
and hospitality operators rated under our corporate methodology,
and our view that the expected loss of earnings and cash flows in
2020 will be driven by a macro event (rather than company- or
industry-specific circumstances). Therefore, our assessment of the
borrower's BRP remains at fair."

Recent Performance And Events

Prior to park closures

-- The company reported a good performance with revenue growth of
4% to GBP360 million for the 36 weeks ended Jan, 2, 2020 and EBITDA
up by 3.3% to GBP179.9 million for the same period.

-- Occupancy rates, fostered by high customer loyalty, stayed high
at 98.0%, compared to 98.2% in the prior year.

-- Average daily rent supported by a sustained investment program
has continued to improve, resulting in RevPAL of GBP204.41 per
night, a 4.0% like-for-like increase.

-- Reported free operating cash flow for 36 weeks ended Jan. 2,
2020 was about GBP30 million (about GBP10 million below the 2019)
mainly due to higher interest expense.

-- The company utilized excess cash in the business toward
dividend payments of about GBP59 million.

-- During the period of park closures (March 22, 2020 to July 12,
2020)

-- Center Parcs customers tend to pay about 10 weeks before their
holiday stay and holiday cancelations raised the question of
customer refunds.

The affected customers could select between rebooking their
holidays for a later date along with the financial incentive of
GBP100 for each accommodation or claim the full refund. About 35%
of customers opted to rebook their holidays, which was relatively
higher than the 20%-25% levels reported by other operators within
the leisure space.

Capital injection from its owners--Brookfield helped to process the
remaining refunds and other operating costs.
Historically, the company indicated that about 50% of the cost base
was fixed. We believe Center Parcs would have achieved a higher
cost saving because of government measures such as the Job
retention scheme and business rates holiday of about GBP24 million.
Additionally, it canceled the vast majority of its marketing spend
and capital expenditure.

Park reopening

-- After 16 weeks of park shutdown, the parks reopened on July 13,
2020. However, we anticipate the company will be cautious about the
capacity that will be open during the initial months of July to
September 2020. Moreover, in line with government guidance,
facilities such as swimming pools, spas, indoor play areas, and
bowling alleys won't be available during the initial weeks.
Swimming pool and spas will reopen from July 27, 2020 following a
change in government advice.

-- While the underlying demand (even after canceling its
marketing) could permit the company to revert back to the
historical occupancy rates of about 98%, we believe the management
will focus on establishing the necessary measures to protect the
staff and customers with a reduced capacity.

Rating Rationale

CPUK Finance's primary sources of funds for principal and interest
payments on the new and existing class A notes are the loan
interest and principal payments from the borrowers and amounts
available from the GBP90 million liquidity facility. The liquidity
line is available at the issuer level and covers about 18 months of
the class A notes' interest payments and the issuer's senior
expenses. The class B notes do not benefit from liquidity support.

S&P said, "Our ratings on the senior class A notes address the
timely payment of interest and the ultimate repayment of principal
due on the notes on their legal final maturity. They are based
primarily on our ongoing assessment of the borrowing group's
underlying business risk profile, the integrity of the
transaction's legal and tax structure, and the robustness of
operating cash flows supported by structural enhancements.

"In our view, the credit quality of the transaction has declined
due to health and safety fears related to COVID-19. We believe this
will negatively affect the cash flows available to the issuer."

Debt Service Coverage Ratio (DSCR) Analysis

S&P's cash flow analysis serves to both assess whether cash flows
will be sufficient to service debt through the transaction's life
and to project minimum DSCRs in S&P's base-case and downside
scenarios.

Application Of Paragraph 46

S&P said, "In the face of the liquidity stress resulting from the
COVID-19 pandemic on those sectors directly affected by the U.K.
government's response to the pandemic, we expect the duration of
the maximum liquidity stress to be contained within the second and
third quarters of 2020 (calendar year), and be followed by a
recovery period that may last through 2022. Importantly, we also
believe that the impact of COVID-19 will not have a lasting effect
on the industries and companies themselves, meaning that the
long-term business strengths of the underlying companies will not
fundamentally or materially deteriorate over the long term. As a
result, our analysis begins with the construction of a base-case
projection that serves as the basis for the construction of the
downside case. However, our anchor, which does not reflect
liquidity support at the issuer level that we see as a mitigating
factor to the liquidity stress we expect to result from the U.K.
government's response to the COVID-19 pandemic is not determined."
Rather, the downside scenario was developed from the base case to
assess whether the COVID-19 liquidity stress would negatively
affect the level of the resiliency-adjusted anchor for each class
of notes.

That said, the base-case analysis was performed for the purpose of
assessing whether, post-COVID-19, the anchor would be adversely
affected given the long-term prospects currently assumed under
S&P's base-case forecast.

Base-Case Forecast

S&P typically does not give credit to growth after the first two
years, however in this review it considers the growth period to
continue through FY2023 in order to accommodate both the duration
of the COVID-19 stress and the subsequent recovery.

After considering the likely impact of COVID-19, S&P's current
assumptions are:

-- The impact of COVID-19-related park closures will not be fully
reflected in Center Parcs' fiscal-year 2020 results as the
financial period covers just the initial five weeks of park
closures. S&P forecasts Center Parcs' revenue to decline by about
7%-8% in fiscal-year 2020 to about GBP440 million and it adjusted
EBITDA base to decline by about 10%-20% to about GBP200 million.
S&P anticipates its fiscal 2021 results will carry a bigger impact
on the park closure and social distancing measures.

-- In terms of the macroeconomic impact, S&P Ratings forecasts
U.K. real GDP contracting by 8.1% in calendar year 2020 amid a
COVID-19-induced slowdown, and rebounding by 6.5% in 2021. Center
Parcs may be able to outperform these macroeconomic forecasts given
the strong brand name and favorable trend toward staycation, but in
the near term, the group remains subject to restrictive government
measures which will hinder group revenue recovery.

-- S&P said, "We anticipate revenues to sharply decline in FY2021,
resulting from a prolonged lockdown period of about three months,
which we expect to be followed by a period of company-imposed
restrictions on in-site capacity due to social distancing measures.
Additionally, on-park spend will be reduced as social distancing
measure will place limitations on its attractions such as
waterparks and restaurants. We therefore anticipate FY2021 revenues
to fall by over 40% to about GBP250 million-GBP280 million. We
anticipate topline to recover throughout FY2022 and exceed its
FY2019 level."

-- Despite the various support measures provided by the U.K.
management, we forecast EBITDA to decline significantly to GBP70
million-GBP90 million in 2021 compared to forecasted GBP200 million
in 2020. One-off costs relating to hygiene, cleaning, and safety
protocols, along with limitations to the extraction of operating
leverage from its site will result in a lower EBITDA margin. S&P
forecasts EBITDA to revert to 2019 levels in 2022 as customer
demand will support higher pricing potential.

-- S&P said, "We also expect the borrower to reduce capital
expenditure (capex) to about GBP55 million in 2020 compared to
GBP66 million in 2019. We anticipate the company to reduce its
growth capex and therefore forecast GBP40 million of capex in 2021,
returning to a normal capex spend of about GBP60 million from
2022."

-- Weakened earnings and tax relief will likely result in reduced
tax payments in FY2020 and FY2021.

Downside DSCR Analysis

S&P said, "Our downside DSCR analysis tests whether the
issuer-level structural enhancements improve the transaction's
resilience under a moderate stress scenario. Considering CPH1 and
U.K. hotels' historical performance during the financial crisis of
2007-2008, in our view a 15% decline in EBITDA from our base case
is appropriate for the borrower's particular business. We applied
this 15% decline to the base-case at the point where we believe the
stress on debt service would be greatest.

"We currently expect that the COVID-19 liquidity stress will result
in a reduction in EBITDA that will far exceed the 15% decline we
would normally assume under our downside stress. Hence, our
downside scenario comprises both our EBITDA projections during the
period of the COVID-19 liquidity stress, followed by a long-term
forecast but with the level of ultimate recovery limited such that
the ultimate level achieved is 15% lower than what we would assume
for a base-case forecast over the long-term. For example, our
downside scenario forecast of EBITDA reflects our base-case
assumptions for recovery into FY2023 until the level of EBITDA is
within 85% of our projected long-term EBITDA of GBP232.19 million,
after which it remains at GBP197.36 million."

S&P's downside DSCR analysis resulted in resilience scores of
strong for the class A notes. This reflects the headroom above a
1.80:1 DSCR threshold that is required under S&P's criteria to
achieve a satisfactory resilience scores after giving consideration
for the level of liquidity support available to each class.

Each class' resilience score corresponds to rating
categories--excellent at 'AAA' through vulnerable at 'B'. Within
each category, the recommended resilience-adjusted anchor reflect
notching based on where the downside DSCR falls within a range (for
the class A notes). As a result, the resilience-adjusted anchors
for the class A notes would not be adversely affected under S&P's
downside scenario.

Liquidity Facility Adjustment

Given that S&P has given full credit to the quantum of the
liquidity facility available to class A notes, a further one-notch
increase to any of the resilience-adjusted anchors is not
warranted.

Comparable Rating Analysis

As mentioned, S&P's base-case analysis was performed for the
purpose of assessing whether, post-COVID-19, the anchor would be
adversely affected given the long-term prospects currently assumed
in its base-case forecast.

S&P said, "As highlighted in our prior review, we could also lower
our ratings on the notes if additional debt financed shareholder
returns or weak operating performances were to cause the leverage
to increase beyond 8.0x and S&P adjusted free operating cash
flow-to–debt ratio were to decline towards 3% for a sustained
period. Our assessment of the leverage has increased beyond 8.0x,
leading to a one-notch downgrade of the class B notes."

Counterparty Risk

S&P said, "We do not consider the liquidity facility or bank
account agreements to be in line with our current counterparty
criteria. As a result, the maximum supported rating continues to be
the lowest issuer credit rating (CIR) among the bank account and
liquidity providers. Currently, the lowest rated providers are
Barclays Bank PLC and National Westminster Bank PLC, which act as
the issuer's liquidity provider and account bank, respectively.

"However, our ratings are not currently constrained by our issuer
credit ratings on any of the counterparties, including the
liquidity facility, derivatives, and bank account providers."

Outlook

S&P said, "Over the next 12 to 24 months, we expect Center Parcs'
operating performance will remain under pressure against the
current economic shock stemming from COVID-19 and the U.K.
government's response. As we receive more issuer-specific and
industry-level data, and learn more about what actions issuers will
be taking to mitigate the impact on turnover, we will assess this
transaction to determine whether rating actions are warranted."

Downside Scenario

S&P said, "We could lower our ratings on the notes if we were to
lower the business risk profile on the borrower to weak from fair.
This could occur if CPH1's operating performance were to
deteriorate materially due to macroeconomic, geopolitical event
risks, or a change in customer preference resulting in substantial
decline in RevPAL performance to about GBP150 per night and EBITDA
margin moving to below 30%. Additional rating drivers could arise
from events that could have material reputational impact.

"We may consider lowering our ratings on the class A notes if their
minimum projected DSCRs in our downside scenario have a
material-adverse impact on each class' resilience-adjusted anchor.
We may also consider lowering our ratings on the class A notes if
our minimum projected DSCR gets closer to the lower end of the
1.8:1.0-4.0:1.0 range in our base-case scenario.

"We could lower our ratings on the class B notes if there were a
further deterioration in our assessment of the borrower's overall
creditworthiness, a reflection of its financial and operational
strength over the short to medium term. We could also lower the
ratings on these notes if we considered the capital structure to be
unsustainable while leverage keeps increasing and free operating
cash flow (FOCF) turns negative, or its FOCF to debt remains
insignificant."

Upside Scenario

Due to the current economic shock stemming from the COVID-19
pandemic and the U.K. government's response, S&P does not
anticipate raising its assessment of Center Parcs' BRP within the
next two years.

Environmental, social, and governance (ESG) factors relevant to the
rating action:

-- Health and safety


TWIN BRIDGES 2020-1: Moody's Rates Class X1 Notes (P)B2
-------------------------------------------------------
Moody's Investors Service has assigned provisional ratings to Notes
to be issued by Twin Bridges 2020-1 PLC:

GBP[]M Class A Mortgage Backed Floating Rate Notes due December
2054, Assigned (P)Aaa (sf)

GBP[]M Class B Mortgage Backed Floating Rate Notes due December
2054, Assigned (P)Aa1 (sf)

GBP[]M Class C Mortgage Backed Floating Rate Notes due December
2054, Assigned (P)Aa3 (sf)

GBP[]M Class D Mortgage Backed Floating Rate Notes due December
2054, Assigned (P)A2 (sf)

GBP[]M Class X1 Mortgage Backed Floating Rate Notes due December
2054, Assigned (P)B2 (sf)

Moody's has not assigned any ratings to the GBP[]M Class Z1
Mortgage Backed notes due December 2054 and GBP[]M Class Z2
Mortgage Backed notes due December 2054.

This transaction represents the fifth securitisation transaction
rated by Moody's that is backed by buy-to-let mortgage loans
originated by Paratus AMC Limited ("Paratus" as originator and
seller, not rated). The portfolio consists of loans secured by
first lien mortgages on properties located in the UK extended to
[1,024] borrowers and the current pool balance is approximately
equal to GBP[349.6] million as of May 2020.

RATINGS RATIONALE

The ratings take into account the credit quality of the underlying
mortgage loan pool, from which Moody's determined the MILAN Credit
Enhancement and the portfolio expected loss, as well as the
transaction structure and legal considerations. The expected
portfolio loss of [2.2] % and the MILAN CE of [13.0] % serve as
input parameters for Moody's cash flow model and tranching model.

The expected loss is [2.2]%, which is in line with other UK BTL
RMBS transactions owing to: (i) the current weighted average LTV of
around [71.6]%; (ii) the performance of comparable originators;
(iii) the expected outlook for the UK economy in the medium term
and in particular the fact that as of May 31, 2020, 11.1% of the
pool has suspended its payment according to coronavirus-related
payment holidays; (iv) the historic data does not cover a full
economic cycle (since 2015); and (v) benchmarking with similar UK
buy-to-let transactions.

MILAN CE for this pool is [13.0]%, which is in line with other UK
BTL RMBS transactions, owing to: (i) the current weighted average
LTV for the pool of [71.6]%, which is in line with comparable
transactions; (ii) top 20 borrowers accounting for approx. [13.3]%
of current balance, which represents a higher concentration level
than observed in both previous transactions and in comparable
transactions; (iii) the historic data does not cover a full
economic cycle; and (iv) benchmarking with similar UK buy-to-let
transactions.

At closing, the transaction will benefit from a fully funded
liquidity reserve fund and general reserve fund. The liquidity
reserve fund equals [1.5] % of the outstanding Class A and Class B
Notes and will amortize together with Class A and Class B Notes. It
will cover fees and interest on Class A and Class B Notes (in
respect of the latter, if it is the most senior Class outstanding
and otherwise subject to a PDL condition). The liquidity reserve
fund will stop amortising if the rated notes are not redeemed on
the optional redemption date or if cumulative defaults of the
mortgage loans exceed [6] %.

The non-amortising general reserve fund equals [2.0] % of the
principal amount outstanding of the collateralized Notes (Class A,
B, C, D, and Z1) as of the closing date.

In addition, the transaction will benefit from an additional fully
funded payment holiday reserve. The reserve will be sized at [0.45]
% of the collateralised notes balance (Classes A to D and Z1) at
closing. The reserve will amortise over the first two IPDs (2/3 on
the first one and 1/3 on the second one) providing additional
liquidity to the transaction.

Operational Risk Analysis: Paratus is the servicer in the
transaction whilst U.S. Bank Global Corporate Trust Limited (Not
rated) will be acting as a cash manager. In order to mitigate the
operational risk, Intertrust Management Limited (Not rated) will
act as back-up servicer facilitator. To ensure payment continuity
over the transaction's lifetime the transaction documents
incorporate estimation language whereby the cash manager can use
the three most recent servicer reports to determine the cash
allocation in case no servicer report is available. The transaction
also benefits from approx. [4] quarters of liquidity based on
Moody's calculations. Finally, there is principal to pay interest
as an additional source of liquidity for the Class A Notes and
Class B Notes (in respect of the latter, if it is the most senior
Class outstanding and otherwise subject to a PDL condition).

Interest Rate Risk Analysis: [99.9] % of the loans in the pool are
fixed rate loans reverting to three months LIBOR. The Notes are
floating rate securities with reference to daily SONIA. To mitigate
the fixed-floating mismatch between the fixed-rate asset and
floating liabilities, there will be a scheduled notional
fixed-floating interest rate swap provided by Natixis
(Aa3(cr)/P-1(cr)) acting through its London branch.

Moody's issues provisional ratings in advance of the final sale of
securities, but these ratings represent only Moody's preliminary
credit opinions. Upon a conclusive review of the transaction and
associated documentation, Moody's will endeavour to assign
definitive ratings to the Notes. A definitive rating may differ
from a provisional rating. Other non-credit risks have not been
addressed, but may have a significant effect on yield to
investors.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was "Moody's
Approach to Rating RMBS Using the MILAN Framework" published in May
2020.

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

The rapid spread of the coronavirus outbreak, the government
measures put in place to contain it and the deteriorating global
economic outlook, have created a severe and extensive credit shock
across sectors, regions and markets. Its analysis has considered
the effect on the performance of consumer assets from the collapse
in the UK economic activity in the second quarter and a gradual
recovery in the second half of the year. However, that outcome
depends on whether governments can reopen their economies while
also safeguarding public health and avoiding a further surge in
infections. As a result, the degree of uncertainty around its
forecasts is unusually high. Moody's regards the coronavirus
outbreak as a social risk under its ESG framework, given the
substantial implications for public health and safety.

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

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

TWIN BRIDGES 2020-1: S&P Puts Prelim B-(sf) Rating on X1-Dfrd Notes
-------------------------------------------------------------------
S&P Global Ratings has assigned preliminary credit ratings to Twin
Bridges 2020-1 PLC's (TB 2020-1) class A and B notes, and class
C-Dfrd to X1-Dfrd interest deferrable notes. At the same time, TB
2020-1 will also issue unrated class Z1-Dfrd and Z1-Dfrd notes.

TB 2020-1 is a static RMBS transaction that securitizes a portfolio
of GBP349.6 million buy-to-let (BTL) mortgage loans secured on
properties in the U.K. There is no prefunding mechanism in this
transaction. This is the fifth transaction within the Twin Bridges
shelf and the first one that it rates.

The loans in the pool were originated in 2018, 2019, and 2020 by
Paratus AMC Ltd., a non-bank specialist lender, under the brand of
Foundation Home Loans (other than three loans). The collateral
comprises first-lien U.K. BTL residential mortgage loans made to
both commercial and individual borrowers.

Of the preliminary pool, 10.5% of the mortgage loans have payment
holidays due to COVID-19 as of June 30. The transaction
incorporates a payment holiday reserve, which provides liquidity to
help mitigate the effect of these payment holidays over the first
two payment dates.

In addition to the payment holiday reserve, the transaction
benefits from liquidity provided by a general reserve fund and
liquidity reserve fund. Credit enhancement for the rated notes will
consist of subordination and the general reserve from the closing
date and overcollateralization following the optional redemption
date.

The transaction incorporates a swap to hedge the mismatch between
the notes, which pay a coupon based on the compounded daily
Sterling Overnight Index Average (SONIA), and the loans, which pay
fixed-rate interest before reversion.

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

S&P said, "Our preliminary ratings on the class A and B notes
address the timely payment of interest and ultimate payment of
principal, although the terms and conditions of the class B notes
allow for the deferral of interest until they are the most senior
class outstanding. Our preliminary ratings on the class C-Dfrd,
D-Dfrd, and X1-Dfrd notes address ultimate payment of principal and
interest while they are not the most senior class outstanding. When
the class C-Dfrd, D-Dfrd, and X1-Dfrd notes become the most senior
class outstanding, our ratings will address the timely payment of
interest and ultimate payment of principal." No further interest
will accrue on the class X1-Dfrd notes after the optional
redemption date, in line with the notes' coupon.

Repayment of interest and principal on the class X1-Dfrd notes
relies on excess spread. Upon the optional redemption date, excess
spread will be diverted to the principal priority of payments until
the class D notes are fully redeemed. Therefore, any remaining
class X1-Dfrd interest and principal will only be paid once the
class A to D-Dfrd notes have been fully redeemed. Upon the
redemption of the unrated class Z notes, principal inflows will
also be used to pay down interest and principal on the class
X1-Dfrd notes. In S&P's analysis, the class X1-Dfrd notes rely on
inflows received after the optional redemption date in order to pay
both interest and principal.

S&P said, "The class X1-Dfrd notes do not pass our 'B' cash flow
stresses. Therefore we applied our 'CCC' criteria to assess if
either a 'B-' rating or a rating in the 'CCC' category would be
appropriate. In line with our 'CCC' criteria, we performed a
qualitative assessment of the key variables, together with an
analysis of performance and market data, taking into consideration
the current macroeconomic environment and the fact that this is a
non-asset-backed class of notes, and we consider repayment of the
class X1-Drfd notes not to be dependent upon favorable business,
financial, and economic conditions. We have therefore assigned our
'B- (sf)' preliminary rating to this the class X1-Dfrd of notes.

"Our cash flow analysis indicates that the available credit
enhancement for the class D-Dfrd notes is commensurate with higher
ratings than those currently assigned. The preliminary rating on
these notes also reflect their ability to withstand the potential
repercussions of the coronavirus outbreak, including higher
defaults and longer foreclosure timing stresses.

"There are no rating constraints in the transaction under our
counterparty, operational risk, or structured finance sovereign
risk criteria. We consider the issuer to be bankruptcy remote.

"Our credit and cash flow analysis and related assumptions consider
the transaction's ability to withstand the potential repercussions
of the COVID-19 pandemic, namely, higher defaults, longer recovery
timing, and additional liquidity stresses. Considering these
factors, we believe that the available credit enhancement is
commensurate with the preliminary ratings assigned. As the
situation evolves, we will update our assumptions and estimates
accordingly."

S&P Global Ratings acknowledges a high degree of uncertainty about
the evolution of the coronavirus pandemic. The consensus among
health experts is that the pandemic may now be at, or near, its
peak in some regions but will remain a threat until a vaccine or
effective treatment is widely available, which may not occur until
the second half of 2021. S&P said, "We are using this assumption in
assessing the economic and credit implications associated with the
pandemic. As the situation evolves, we will update our assumptions
and estimates accordingly."

  Ratings Assigned

  Class     Prelim. rating    Amount (GBP)
  A              AAA (sf)      TBD
  B               AA (sf)      TBD
  C-Dfrd           A (sf)      TBD
  D-Dfrd        BBB+ (sf)      TBD
  X1-Dfrd         B- (sf)      TBD
  Z1-Dfrd             NR       TBD
  Z2-Dfrd             NR       TBD
  Certificates        NR       N/A

  NR--Not rated.
  TBD--To be determined.
  N/A--Not applicable.


[*] UK: Job Losses Expected to Rise as Companies Mull Job Cuts
--------------------------------------------------------------
Associated Press reports that unemployment across the United
Kingdom has held steady during the coronavirus lockdown as a result
of a government salary support scheme, but there are clear signals
emerging that job losses will skyrocket over coming months to
levels not seen since the 1980s.

The Office for National Statistics said on July 16 there were
649,000 fewer people, or 2.2%, on payroll in June when compared
with March when the lockdown restrictions were imposed, Associated
Press relates.

That's an indication that the country's unemployment rate is set to
rise during the summer months from the still historically low level
of 3.9% recorded in May, Associated Press notes.

One of the UK's leading business lobby groups warned on July 16
that nearly a third of companies are planning to cut jobs in the
next three months as the government winds down its salary scheme,
Associated Press discloses.

In a survey of 7,400 firms published on July 16, the British
Chambers of Commerce said 29% of businesses are planning to cut the
size of their workforce before the scheme comes to an end, with
just 12% set to increase staff numbers.

According to Associated Press, the number of firms cutting jobs has
accelerated in the past couple of weeks, with the likes of Airbus
and Rolls Royce among many announcing big job cuts.  Burberry cut
another 500 jobs on July 16 globally, including 150 in the UK,
Associated Press relays.

Many economists think unemployment could more than double to over 3
million this year, levels last seen in the 1980s when the
government of Prime Minister Margaret Thatcher reoriented the
economy away from heavy manufacturing toward services, Associated
Press states.




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

[*] BOND PRICING: For the Week July 13 to July 17, 2020
-------------------------------------------------------
Issuer              Coupon  Maturity  Currency  Price
------              ------  --------  --------  -----
Selecta Group BV      5.875   02/01/2024  EUR   37.524
Deutsche Lufthansa    5.125   08/12/2075  EUR   72.640
Takko Luxembourg 2    5.375  11/15/2023   EUR   29.040
Vedanta Resources L   8.250   06/07/2021  USD   70.180
Vedanta Resources L   6.375   7/30/2022   USD   57.330
Vedanta Resources L   6.125   08/09/2024  USD   49.107
Gol Finance SA        7.000   1/31/2025   USD   46.012
Atento Luxco 1 SA     6.125   08/10/2022  USD   73.441
Ellaktor Value Plc    6.375  12/15/2024   EUR   73.875
Intelsat Jackson Ho   5.500   08/01/2023  USD   53.000
Mclaren Finance PLC   5.000   08/01/2022  GBP   57.065
Intelsat Jackson Ho   8.500  10/15/2024   USD   57.250
Vedanta Resources F   9.250   4/23/2026   USD   52.570
Carnival PLC          1.000  10/28/2029   EUR   60.487
Europcar Mobility G   4.125  11/15/2024   EUR   63.866
Genfit                3.500  10/16/2022   EUR   10.028
Argentum Netherland   0.500   10/02/2024  EUR   63.204
Adler Pelzer Holdin   4.125   04/01/2024  EUR   47.117
Deutsche Bank AG      4.789               USD   68.055
DTEK Finance PLC     10.750  12/31/2024   USD   50.742
Vallourec SA          6.625  10/15/2022   EUR   64.150
International Perso   5.750   04/07/2021  EUR   64.783
Intelsat SA           4.500   6/15/2025   USD   22.250
CMA CGM SA            5.250   1/15/2025   EUR   70.373
Norwegian Air Shutt   7.250   11/11/2022  EUR   32.629
Banco BPM SpA         6.125               EUR   66.518
Banca Monte dei Pas   5.375   1/18/2028   EUR   79.424
Transportes Aereos    5.625   12/02/2024  EUR   56.440
Vedanta Resources F   8.000   4/23/2023   USD   51.804
Codere Finance 2 Lu   6.750   11/01/2021  EUR   46.492
Vedanta Resources L   7.125   5/31/2023   USD   51.573
Intelsat Luxembourg   8.125   06/01/2023  USD    5.750
Swissport Financing   9.000   2/15/2025   EUR    7.442
Kirk Beauty One Gmb   8.750   7/15/2023   EUR   46.853
Tullow Oil PLC        7.000   03/01/2025  USD   55.398
Kongsberg Actuation   5.000   7/15/2025   EUR   62.130
AerCap Holdings NV    5.875   10/10/2079  USD   69.388
Obrascon Huarte Lai   4.750   3/15/2022   EUR   40.396
Mitsubishi UFJ Inve   4.221  12/15/2050   EUR   50.450
Intelsat Jackson Ho   9.750   7/15/2025   USD   58.000
Selecta Group BV      5.375   02/01/2024  EUR   37.425
Intelsat Connect Fi   9.500   2/15/2023   USD   25.000
Sarens Finance Co N   5.750   2/21/2027   EUR   70.316
Andrade Gutierrez I   9.500  12/30/2024   USD   64.732
Europcar Mobility G   4.000   4/30/2026   EUR   58.561
Explorer II AS        3.375   2/24/2025   EUR   74.834
Promontoria Holding   6.750   8/15/2023   EUR   64.752
Unigel Luxembourg S   8.750   10/01/2026  USD   74.526
Piraeus Bank SA       5.500   2/19/2030   EUR   61.175
InterCement Financi   5.750   7/17/2024   USD   44.566
Swissport Financing   5.250   8/15/2024   EUR   75.959
Jaguar Land Rover A   2.200   1/15/2024   EUR   74.747
Petra Diamonds US T   7.250   05/01/2022  USD   37.330
La Financiere Atali   4.000   5/15/2024   EUR   57.880
Aryzta AG             5.468               CHF   56.224
Tereos Finance Grou   4.125   6/16/2023   EUR   70.985
Travelex Financing    8.000   5/15/2022   EUR   25.725
Takko Luxembourg 2    5.375  11/15/2023   EUR   27.583
Marcolin SpA          4.125   2/15/2023   EUR   70.666
Jaguar Land Rover A   4.500   1/15/2026   EUR   74.076
MSC Cruises SA        3.000   7/14/2023   CHF   48.000
Selecta Group BV      5.875   02/01/2024  CHF   35.659
Aegon NV              0.046               EUR   62.618
Tullow Oil PLC        6.250   4/15/2022   USD   65.861
Vallourec SA          6.375  10/15/2023   EUR   59.758
Aegon NV              0.915               USD   67.406
MSC Cruises SA        3.000  11/30/2021   CHF   54.133
Metro Bank PLC        9.500   10/08/2025  GBP   73.361
Casino Guichard Per   0.945               EUR   27.508
Naviera Armas SA      6.500   7/31/2023   EUR   50.067
Signet UK Finance P   4.700   6/15/2024   USD   61.905
Obrascon Huarte Lai   5.500   3/15/2023   EUR   39.974
Raffinerie Heide Gm   6.375   12/01/2022  EUR   60.964
Norwegian Air Shutt   6.375  11/15/2024   USD   23.515
Novafives SAS         5.000   6/15/2025   EUR   68.871
Korian SA             0.875   03/06/2027  EUR   49.459
Banca Monte dei Pas   8.000   1/22/2030   EUR   88.938
Maxeda DIY Holding    6.125   7/15/2022   EUR   70.034
Vallourec SA          2.250   9/30/2024   EUR   54.105
Vallourec SA          4.125   10/04/2022  EUR    3.683
Hema Bondco I BV      6.250   7/15/2022   EUR   45.627
Moby SpA              7.750   2/15/2023   EUR   31.750
Sudzucker Internati   2.747               EUR   73.708
International Airpo  12.000   3/15/2033   USD   66.631
Summer BC Holdco A    9.250  10/31/2027   EUR   73.815
Global Liman Isletm   8.125  11/14/2021   USD   59.855
Corestate Capital H   1.375  11/28/2022   EUR   72.136
Distribuidora Inter   1.000   4/28/2021   EUR   72.299
Matalan Finance PLC   6.750   1/31/2023   GBP   59.250
Piraeus Bank SA       9.750   6/26/2029   EUR   71.962
LSF9 Balta Issuer S   7.750   9/15/2022   EUR   49.201
ING Groep NV          0.310               EUR   74.301
AXA SA                1.604               USD   64.883
Premier Oil PLC       6.500   5/31/2021   GBP   65.364
KME SE                6.750   02/01/2023  EUR   43.624
Intu SGS Finance PL   3.875   3/17/2023   GBP   58.281
Valaris plc           5.750   10/01/2044  USD    7.887
Newday Bondco Plc     7.375   02/01/2024  GBP   74.200
Alpha Bank AE         4.250   2/13/2030   EUR   75.875
Norwegian Air Shutt   5.216   02/07/2023  SEK   50.000
BNP Paribas Fortis    1.592               EUR   70.130
Intralot Capital Lu   6.750   9/15/2021   EUR   40.782
Valaris plc           7.750   02/01/2026  USD    6.137
Intelsat Luxembourg   7.750   06/01/2021  USD    5.000
Frigoglass Finance    6.875   02/12/2025  EUR   65.000
Swissport Investmen   6.750  12/15/2021   EUR   24.532
Neoen SA              2.000   06/02/2025  EUR   46.540
Rallye SA             4.000   04/02/2021  EUR   17.806
Casino Guichard Per   3.992               EUR   43.546
Naviera Armas SA      4.250  11/15/2024   EUR   48.537
Pro-Gest SpA          3.250  12/15/2024   EUR   54.833
Mallinckrodt Intern   5.750   08/01/2022  USD   22.280
Maisons du Monde SA   0.125   12/06/2023  EUR   33.992
Tendam Brands SAU     5.000   9/15/2024   EUR   69.641
Paper Industries In   6.000   03/01/2025  EUR   66.625
Republic of Angola    6.388   12/07/2023  USD   61.125
SGL Carbon SE         3.000   9/20/2023   EUR   61.497
Nostrum Oil & Gas F   8.000   7/25/2022   USD   23.809
Mclaren Finance PLC   5.750   08/01/2022  USD   57.705
Air France-KLM        0.125   3/25/2026   EUR   13.030
Pizzaexpress Financ   6.625   08/01/2021  GBP   59.495
SGL Carbon SE         4.625   9/30/2024   EUR   74.838
Solocal Group         8.000   3/15/2022   EUR   39.504
Banque Federative d   0.181               EUR   68.910
Hurricane Energy PL   7.500   7/24/2022   USD   45.348
Pacific Drilling SA   8.375   10/01/2023  USD   22.184
ASG Finance Designa   7.875   12/03/2024  USD   55.149
Valaris plc           4.875   06/01/2022  USD    9.551
KCA Deutag UK Finan   9.625   04/01/2023  USD   44.346
Nexity SA             0.125   01/01/2023  EUR   55.913
AXA SA                0.078               EUR   65.978
Norican A/S           4.500   5/15/2023   EUR   66.795
Groupe Ecore Holdin   6.250  11/15/2023   EUR   54.292
Metro Bank PLC        5.500   6/26/2028   GBP   44.559
4finance SA          10.750   05/01/2022  USD   68.951
Astaldi SpA           7.125   12/01/2020  EUR    9.731
Rothschild & Co Con   1.313               USD   64.835
B2Holding ASA         6.350   5/28/2024   EUR   74.612
Mclaren Finance PLC   5.750   08/01/2022  USD   56.526
Odea Bank AS          7.625   08/01/2027  USD   55.557
Hema Bondco II BV     8.500   1/15/2023   EUR    3.266
La Financiere Atali   5.125   5/15/2025   EUR   60.743
International Perso   7.750  12/14/2023   GBP   69.793
SAS AB                5.375  11/24/2022   SEK   75.000
Norwegian Air Shutt   4.875   05/10/2028  USD   64.000
AXA SA                0.870               USD   71.698
CNP Assurances        0.240               EUR   72.341
Boparan Finance PLC   4.375   7/15/2021   EUR   74.833
Valaris plc           4.700   3/15/2021   USD    6.860
GOL Equity Finance    3.750   7/15/2024   USD   45.014
Koninklijke BAM Gro   3.500   6/13/2021   EUR   69.131
Mallinckrodt Intern   4.750   4/15/2023   USD   21.265
O1 Properties Finan   8.250   9/27/2021   USD   31.500
Intralot Capital Lu   5.250   9/15/2024   EUR   21.028
Fugro NV              4.000  10/26/2021   EUR   72.963
Distribuidora Inter   0.875   04/06/2023  EUR   43.702
Ilija Batljan Inves   6.079   9/27/2022   SEK   82.801
Ageasfinlux SA        1.053               EUR   57.437
Nostrum Oil & Gas F   7.000   2/16/2025   USD   23.908
Valaris plc           8.000   1/31/2024   USD    6.591
Cabonline Group Hol   7.603   12/09/2022  SEK   57.259
Aker Solutions ASA    3.280   06/03/2024  NOK   72.204
Ferroglobe PLC / Gl   9.375   03/01/2022  USD   33.105
Rallye SA             4.371   1/23/2023   EUR   18.002
Akka Technologies     3.500               EUR   60.568
Officine Maccaferri   5.750   06/01/2021  EUR   36.219
SAS AB                8.569               SEK   61.000
Amigo Luxembourg SA   7.625   1/15/2024   GBP   74.196
Neoen SA              1.875   10/07/2024  EUR   37.500
OKEA ASA              8.750   12/11/2024  USD   70.000
Saga PLC              3.375   05/12/2024  GBP   73.038
Intu Metrocentre Fi   4.125   12/06/2023  GBP   58.182
OKEA ASA              7.875   6/28/2023   USD   70.503
NIBC Bank NV          1.320               USD   62.201
KCA Deutag UK Finan   7.250   5/15/2021   USD   42.604
Cooperativa Murator   6.000   2/15/2023   EUR    2.705
AnaCap Financial Eu   5.000   08/01/2024  EUR   75.155
FIGEAC-AERO           1.125  10/18/2022   EUR   22.843
Promontoria Holding   6.250   8/15/2023   EUR   63.721
Codere Finance 2 Lu   7.625   11/01/2021  USD   45.020
Aryzta AG             3.640               CHF   60.949
Fuerstenberg Capita   5.625               EUR   66.395
Korian SA             2.500               EUR   40.642
Banco BPM SpA         1.487               EUR   72.663
Econocom Group SA/N   0.500   03/06/2023  EUR    6.590
Tendam Brands SAU     5.250   9/15/2024   EUR   68.634
Dignity Finance PLC   4.696  12/31/2049   GBP   75.317
Abengoa Abenewco 2    1.500   4/26/2024   EUR    2.841
AXA SA                0.580               EUR   65.206
Valaris plc           4.500   10/01/2024  USD    7.468
Debenhams PLC         5.250   7/15/2021   GBP    3.827
Codere Finance 2 Lu   7.625   11/01/2021  USD   40.937
ADLER Real Estate A   2.500   7/19/2021   EUR   14.450
Quadient              3.375               EUR   55.086
Rothschild & Co Con   0.310               EUR   63.402
Intu SGS Finance PL   4.250   9/17/2030   GBP   56.750
Valaris plc           5.200   3/15/2025   USD    6.285
Jain International    7.125   02/01/2022  USD   29.263
Societe Generale SA   0.623               USD   74.000
Novafives SAS         4.500   6/15/2025   EUR   68.916
Midsummer AB          8.826   4/25/2023   SEK   47.563
KCA Deutag UK Finan   9.875   04/01/2022  USD   43.843
Greenyard Fresh NV    3.750  12/22/2021   EUR   69.649
HOCHDORF Holding AG   2.500               CHF   59.241
MCH Group AG          1.875   5/16/2023   CHF   68.560
Thomas Cook Group P   6.250   6/15/2022   EUR    5.000
Republic of Angola    6.927   2/19/2027   USD   67.000
VIC Properties SA     3.000   5/28/2025   EUR   75.000
F-Brasile SpA / F-B   7.375   8/15/2026   USD   73.208
Mallinckrodt Intern   5.500   4/15/2025   USD   20.858
AX Del1 Oy            5.000   4/19/2021   EUR   63.723
Atento Luxco 1 SA     6.125   08/10/2022  USD   71.619
Pierre & Vacances S   2.000   04/01/2023  EUR   50.858
MPC Container Ships   5.945   9/22/2022   USD   74.000
Mallinckrodt Intern  10.000   4/15/2025   USD   66.376
Biocartis NV          4.000   05/09/2024  EUR   59.405
Promontoria MMB SAS   8.000               EUR   70.948
Offshore Drilling H   8.375   9/20/2020   USD   24.100
Valaris plc           5.850   1/15/2044   USD   10.210
Banco Santander SA    0.143               EUR   71.876
Union Fenosa Prefer   1.301               EUR   71.920
Nexity SA             0.250   03/02/2025  EUR   55.776
Host Property AB      6.684  11/28/2022   SEK   61.666
Mallinckrodt Intern   5.625  10/15/2023   USD   23.090
Rallye SA             5.250   02/01/2022  EUR   17.783
Senvion Holding Gmb   3.875  10/25/2022   EUR    4.137
European TopSoho Sa   4.000   9/21/2021   EUR   53.560
EA Partners I BV      6.875   9/28/2020   USD   31.000
Hoist Finance AB      7.750               EUR   65.396
Matalan Finance PLC   9.500   1/31/2024   GBP   29.188
Boparan Finance PLC   5.500   7/15/2021   GBP   75.992
Turkish Airlines 20   4.200   3/15/2027   USD   74.448
Cooperativa Murator   6.875   08/01/2022  EUR    2.760
Swissport Investmen   9.750  12/15/2022   EUR   13.210
Rallye SA             3.250   02/08/2024  CHF   20.506
Ziton A/S             7.900   10/03/2022  EUR   70.224
Petra Diamonds US T   7.250   05/01/2022  USD   37.377
Jaguar Land Rover A   4.500   10/01/2027  USD   67.267
Thomas Cook Finance   3.875   7/15/2023   EUR    3.360
Valaris plc           7.375   6/15/2025   USD    8.257
Kudelski SA           1.500   9/27/2024   CHF   52.298
Vedanta Resources F   9.250   4/23/2026   USD   52.209
Cembrit Group A/S     5.500   3/20/2021   EUR   66.392
Songa Container AS    6.741  12/14/2021   USD   70.000
Independent Oil & G   9.500   9/20/2024   EUR   68.208
Norwegian Air Shutt   7.500   11/10/2023  USD   65.250
Caisse Federale du    0.018               EUR   71.259
Metalcorp Group SA    7.000   06/06/2022  EUR   70.053
Sydbank A/S           0.069               EUR   74.162
Intu Debenture PLC    5.562  12/31/2027   GBP   58.250
Quant AB              6.000   2/15/2023   EUR   59.596
Gol Finance SA        7.000   1/31/2025   USD   45.937
Lehman Brothers UK    5.125               EUR    8.125
Santhera Pharmaceut   5.000   2/17/2022   CHF   55.771
DOF Subsea AS         9.500   3/14/2022   USD   21.008
Stockmann OYJ Abp    10.750               EUR   15.000
Newday Bondco Plc     7.053   02/01/2023  GBP   74.860
European Directorie   8.500   06/09/2021  EUR   70.000
Intelsat Jackson Ho   8.500  10/15/2024   USD   59.000
Koninklijke Luchtva   0.750               CHF   33.000
Intu SGS Finance PL   4.625   3/17/2028   GBP   57.722
Intelsat Connect Fi   9.500   2/15/2023   USD   16.000
Galapagos Holding S   7.000   6/15/2022   EUR    7.704
Fugro NV              4.500   11/02/2024  EUR   60.097
Axactor SE            7.000   6/23/2021   EUR   70.000
Rallye SA             4.000  11/23/2020   CHF   20.266
Groupe Acrotec SA     3.500  10/16/2025   CHF   67.833
Alitalia-Societa Ae   5.250   7/30/2020   EUR    1.841
Banco Espirito Sant   4.000   1/21/2019   EUR   25.326
Atento Luxco 1 SA     6.125   08/10/2022  USD   60.250
Shawbrook Group PLC   7.875               GBP   68.635
EA Partners II BV     6.750   06/01/2021  USD   48.529
Air Berlin PLC        8.250   4/19/2018   EUR    1.623
Jyske Bank A/S        0.366               EUR   73.622
Pizzaexpress Financ   8.625   08/01/2022  GBP   12.298
Solstad Offshore AS   4.620   9/24/2021   NOK    4.625
Grupo Isolux Corsan   1.000  12/30/2021   EUR    0.294
Steinhoff Finance H   1.250  10/21/2023   EUR   43.000
Vedanta Resources L   6.375   7/30/2022   USD   56.864
Scandinavian Airlin   0.625               CHF   29.334
Groupe Acrotec SA     3.750   6/14/2023   CHF   65.468
Prime Living AB       4.811   9/29/2022   SEK   47.091
Privatbank CJSC Via  10.250   1/23/2018   USD   30.747
Banco Espirito Sant   2.625   05/08/2017  EUR   17.048
Paragon GmbH & Co K   4.500   07/05/2022  EUR   44.623
Vedanta Resources L   8.250   06/07/2021  USD   70.197
Hellenic Bank PCL    10.000               EUR   49.393
Tulip Oil Netherlan   8.500  10/25/2022   EUR   83.741
La Financiere Atali   6.625   5/15/2025   GBP   67.594
Deutsche Bank AG/Lo   0.806  10/31/2034   USD   66.625
Turkish Airlines 20   4.200   3/15/2027   USD   74.448
Immigon Portfolioab   5.980               EUR   15.097
Ferroglobe PLC / Gl   9.375   03/01/2022  USD   33.818
Astaldi SpA           4.875   6/21/2024   EUR    7.350
Selecta Group BV      5.875   02/01/2024  EUR   37.980
FF Group Finance Lu   3.250   11/02/2021  CHF    8.618
Republic of Angola    9.412   07/01/2023  USD   61.125
Care Bidco AS         6.620   3/24/2021   NOK   48.109
Valaris plc           4.750   1/15/2024   USD    9.312
Mitchells & Butlers   2.612   6/15/2036   GBP   70.846
Dexia Credit Local    1.468               EUR    6.706
Barclays Bank PLC     0.824   7/31/2034   USD   67.100
FF Group Finance Lu   1.750   07/03/2019  EUR    5.878
Bourbon Corp          6.446               EUR    0.266
Valaris plc           5.400   12/01/2042  USD   11.659
EOS Imaging SA        6.000   5/31/2023   EUR    4.887
Stobart Finance PLC   2.750   05/08/2024  GBP   58.000
KCA Deutag UK Finan   9.625   04/01/2023  USD   44.294
GOL Equity Finance    3.750   7/15/2024   USD   78.127
Wasps Finance Plc     6.500   5/13/2022   GBP   45.684
Tullow Oil PLC        6.250   4/15/2022   USD   65.861
Vedanta Resources L   6.125   08/09/2024  USD   49.391
KCA Deutag UK Finan   9.875   04/01/2022  USD   42.365
Tullow Oil PLC        7.000   03/01/2025  USD   55.826
KCA Deutag UK Finan   7.250   5/15/2021   USD   42.486
LA Perla Fashion Fi   7.250   3/29/2023   EUR   49.623
Yell Bondco PLC       8.500   05/02/2023  GBP   38.028
Lambay Capital Secu   6.250               GBP    0.844
Eramet                4.000               EUR   52.027
Ellaktor Value Plc    6.375  12/15/2024   EUR   75.250
Transcapitalbank JS  10.000   9/18/2020   USD   55.500
Grupo Isolux Corsan   6.000  12/30/2021   EUR    0.307
NIBC Bank NV          0.193               EUR   62.921
Abengoa Abenewco 2    1.500   4/26/2024   USD    2.817
SLM Solutions Group   5.500   10/11/2022  EUR   70.956
BIM SAS               2.500  11/13/2020   EUR   22.014
Jacktel AS           10.000   12/04/2023  USD   15.000
Rickmers Holding AG   8.875   06/11/2018  EUR    1.152
Rallye SA             3.400   1/31/2022   EUR   18.000
DOF Subsea AS         7.760   9/30/2020   NOK   20.000
Mitsubishi UFJ Inve   4.002  12/30/2099   EUR    4.194
YA Holding AB         3.278   6/18/2022   SEK   53.304
Hoist Finance AB      8.625               EUR   69.671
Fuerstenberg Capita   1.287               EUR   64.969
Mclaren Finance PLC   5.750   08/01/2022  USD   57.091
Air Berlin PLC        6.750   05/09/2019  EUR    1.259
Credit Mutuel Arkea   0.316               EUR   67.023
Stichting Afwikkeli   6.250  10/26/2020   EUR    1.426
Dexia SA              1.519               EUR    7.431
OP Corporate Bank p   0.132               EUR   73.614
Mclaren Finance PLC   5.000   08/01/2022  GBP   57.771
Uppfinnaren 1 AB     11.000               SEK   44.092
Bilt Paper BV         9.640               USD    1.021
House of Fraser Fun   5.978   9/15/2020   GBP    3.433
Kredyt Inkaso SA      5.610   4/26/2023   PLN   70.500
Bank Otkritie Finan  10.000   4/26/2019   USD    9.505
Tresu Investment Ho   5.000   9/29/2022   EUR   41.625
DNB Bank ASA          1.750               USD   68.299
Andrade Gutierrez I   9.500  12/30/2024   USD   62.251
CMA CGM SA            5.250   1/15/2025   EUR   70.530
Avangardco Investme  10.000  10/29/2018   USD    3.800
Pacific Drilling SA   8.375   10/01/2023  USD   21.836
Mallinckrodt Intern   5.750   08/01/2022  USD   24.495
UkrLandFarming PLC   10.875   3/26/2018   USD    4.221
Agrokor dd            9.875   05/01/2019  EUR   10.500
Orient Express Bank  10.000               USD   45.089
Air Berlin PLC        5.625   05/09/2019  CHF    0.709
OGX Austria GmbH      8.500   06/01/2018  USD    0.001
GEWA 5 to 1 GmbH &    6.500   3/24/2018   EUR    4.510
JZ Capital Partners   6.000   7/30/2021   GBP    9.200
Norwegian Air Shutt   4.875   05/10/2028  USD   65.243
Virgolino de Olivei  10.500   1/28/2018   USD    0.849
Intelsat Jackson Ho   9.750   7/15/2025   USD   61.250
Rallye SA             1.000   10/02/2020  EUR   22.419
Cirio Holding Luxem   6.250   2/16/2004   EUR    0.942
Virgolino de Olivei  11.750   02/09/2022  USD    0.943
Allied Irish Banks   12.500   6/25/2035   GBP   61.971
Banca Popolare di V   9.500   9/29/2025   EUR    0.046
Afren PLC             6.625   12/09/2020  USD    0.070
4finance SA          10.750   05/01/2022  USD   68.976
CNP Assurances        2.000               EUR   50.000
Banco Espirito Sant   4.750   1/15/2018   EUR   25.599
Selecta Group BV      5.875   02/01/2024  CHF   36.381
Abengoa Abenewco 2    1.500   4/26/2024   USD    3.531
Barclays Bank PLC     0.604  11/29/2030   USD   70.319
Stichting Afwikkeli  11.250               EUR    1.210
InterCement Financi   5.750   7/17/2024   USD   43.575
KTG Agrar SE          7.125   06/06/2017  EUR    1.136
Transportes Aereos    5.625   12/02/2024  EUR   57.214
Vedanta Resources F   8.000   4/23/2023   USD   52.022
International Indus   9.000   07/06/2011  EUR    0.081
DNB Bank ASA          0.621               USD   68.470
Yuksel Insaat AS      9.500   11/10/2015  USD    1.252
CBo Territoria        3.750   07/01/2024  EUR    4.410
Enertronica Santern   7.000  12/31/2022   EUR   34.490
Unigel Luxembourg S   8.750   10/01/2026  USD   74.135
BBVA International    1.527               GBP   65.000
Intelsat Jackson Ho   9.750   7/15/2025   USD   58.597
Paper Industries In   6.000   03/01/2025  EUR   67.000
ASG Finance Designa   7.875   12/03/2024  USD   55.139
Solship Invest 1 AS   5.000   12/08/2024  NOK   11.917
GNB - Cia de Seguro   3.092               EUR   69.905
Corporate Commercia   8.250   08/08/2014  USD    0.836
Prime Living AB       7.339  10/19/2023   SEK    3.793
Takko Luxembourg 2    5.375  11/15/2023   EUR   29.999
OGX Austria GmbH      8.375   04/01/2022  USD    0.010
Europcar Mobility G   4.125  11/15/2024   EUR   64.070
BOA Offshore AS       0.409   7/17/2047   NOK    6.868
Vedanta Resources L   7.125   5/31/2023   USD   51.303
Nostrum Oil & Gas F   8.000   7/25/2022   USD   23.920
Aralco Finance SA    10.125   05/07/2020  USD    0.934
Norwegian Air Shutt   7.500   11/10/2023  USD   65.250
Paragon GmbH & Co K   4.000   4/23/2024   CHF   40.000
Depfa Funding II LP   6.500               EUR   57.819
Lehman Brothers UK    3.875               EUR    8.125
Mitchells & Butlers   2.362   9/15/2034   GBP   73.400
Brado AB              8.603   06/07/2023  SEK   69.774
Privatbank CJSC Via  11.000   02/09/2021  USD    9.248
Banco Espirito Sant   7.125  11/28/2023   EUR    0.563
International Indus  11.000   2/19/2013   USD    0.081
Russian Federal Bon   0.250   7/20/2044   RUB   27.466
Espirito Santo Fina   6.875  10/21/2019   EUR    0.068
Alno AG               8.500   5/14/2018   EUR   13.743
DNB Bank ASA          1.740               USD   68.457
Breeze Finance SA     6.708   4/19/2027   EUR   28.950
Barclays Bank PLC     0.400   5/31/2033   USD   54.235
Banca Popolare di V   2.821  12/20/2017   EUR    0.100
Lehman Brothers UK    6.900               USD    2.745
Portugal Telecom In   6.250   7/26/2016   EUR    0.612
Civitas Properties    4.000  11/24/2022   EUR   54.500
Global Liman Isletm   8.125  11/14/2021   USD   58.296
Claranova SADIR       5.000   07/01/2023  EUR    1.100
New World Resources   4.000   10/07/2020  EUR    1.217
Hellenic Republic G   2.085   7/25/2057   EUR   50.375
HPI AG                3.500               EUR    3.000
Swissport Financing   9.000   2/15/2025   EUR    7.257
DOF Subsea AS         8.280  11/27/2023   NOK   13.054
Swissport Financing   5.250   8/15/2024   EUR   78.340
UniCredit Bank AG     0.483  11/19/2029   EUR   58.160
Vallourec SA          6.625  10/15/2022   EUR   63.495
Promontoria Holding   6.750   8/15/2023   EUR   72.496
Vallourec SA          4.125   08/02/2027  EUR   52.745
Kaupthing ehf         7.625   2/28/2015   USD    0.250
F-Brasile SpA / F-B   7.375   8/15/2026   USD   73.249
Agrokor dd            9.125   02/01/2020  EUR   10.179
ESFIL-Espirito Sant   5.250   06/12/2015  EUR    0.107
Barclays Bank PLC     3.663   3/27/2029   USD   59.391
Mallinckrodt Intern   5.500   4/15/2025   USD   20.858
Banco Espirito Sant   2.343               EUR    0.042
HI Bidco AS           6.060  10/30/2022   NOK   51.031
Selecta Group BV      5.375   02/01/2024  EUR   37.770
International Airpo  12.000   3/15/2033   USD   66.686
New World Resources   8.000   04/07/2020  EUR    0.447
Societe Centrale de   2.500   5/15/2023   EUR    6.780
Deutsche Bank AG      0.687   10/11/2049  EUR   72.646
Havila Shipping ASA   5.000   11/07/2020  NOK   60.000
Kaupthing ehf         5.750   10/04/2011  USD    0.250
Hamon & CIE SA        3.300   1/30/2025   EUR   44.750
Praktiker AG          5.875   02/10/2016  EUR    0.069
Verimatrix SA         6.000   6/29/2022   EUR    3.852
KPNQwest NV          10.000   3/15/2012   EUR    0.076
Virgolino de Olivei  10.875   1/13/2020   USD   26.625
Portigon AG           7.460   06/01/2020  EUR   18.000
Mallinckrodt Intern  10.000   4/15/2025   USD   66.433
Cooperatieve Raboba   0.500   2/26/2029   HUF   70.380
Hellas Telecommunic   6.054   1/15/2015   USD    0.018
Region of Piemont I   0.010  11/27/2036   EUR   65.179
CRC Breeze Finance    6.110   05/08/2026  EUR   50.500
Privatbank CJSC Via  10.875   2/28/2018   USD   30.293
Intralot Capital Lu   6.750   9/15/2021   EUR   40.782
Top Gun Realisation   8.000   07/01/2023  GBP    1.509
Manchester Building   6.750               GBP   18.783
LBI ehf               6.100   8/25/2011   USD    7.375
Rena GmbH             8.250   07/11/2018  EUR    2.096
Afren PLC            11.500   02/01/2016  USD    0.062
German Pellets GmbH   7.250  11/27/2019   EUR    0.311
Societe Generale SA  10.000   6/28/2034   USD   62.900
Alpine Holding GmbH   6.000   5/22/2017   EUR    0.172
Banco Espirito Sant   2.523               EUR    0.159
Nostrum Oil & Gas F   7.000   2/16/2025   USD   23.944
Norske Skogindustri   7.000  12/30/2026   EUR    0.135
Agrokor dd            8.875   02/01/2020  USD   10.838
Agatos SpA            4.750  12/31/2026   EUR   73.500
Espirito Santo Fina   9.750  12/19/2025   EUR    1.144
Takko Luxembourg 2    5.375  11/15/2023   EUR   22.375
Cooperatieve Raboba   0.500  10/30/2043   MXN   20.185
Cirio Finance Luxem   7.500   11/03/2002  EUR    1.364
Saleza AS             9.000   07/12/2021  EUR    0.213
O1 Properties Finan   8.250   9/27/2021   USD   20.255
HI Bidco AS           8.560   1/30/2023   NOK   13.617
Barclays Bank PLC     0.473   3/21/2031   USD   65.588
Kongsberg Actuation   5.000   7/15/2025   EUR   62.300
Hema Bondco II BV     8.500   1/15/2023   EUR    7.030
F-Brasile SpA / F-B   7.375   8/15/2026   USD   80.030
International Finan   0.500   6/29/2027   ZAR   58.334
Hellas Telecommunic   8.500  10/15/2013   EUR    0.497
Naviera Armas SA      6.500   7/31/2023   EUR   50.709
Adler Pelzer Holdin   4.125   04/01/2024  EUR   48.000
Banco Espirito Sant   6.875   7/15/2016   EUR   25.735
Vallourec SA          6.375  10/15/2023   EUR   59.712
Societe Generale SA  21.000   3/30/2023   USD   72.500
Waste Italia SpA     10.500  11/15/2019   EUR    0.608
Kancelaria Medius S   6.900   07/05/2020  PLN   65.300
Hamburgische Landes   0.134   1/22/2041   EUR   66.253
UniCredit Bank AG     8.900  12/29/2020   EUR   26.910
Norske Skogindustri   2.000  12/30/2115   EUR    0.041
Jaguar Land Rover A   4.500   1/15/2026   EUR   74.995
Cooperatieve Raboba   0.500  10/29/2027   MXN   61.991
APP International F  11.750   10/01/2005  USD    0.362
German Pellets GmbH   7.250   07/09/2018  EUR    0.607
Europcar Mobility G   4.000   4/30/2026   EUR   58.625
Danske Bank A/S       6.400   07/09/2025  SEK   74.250
Kancelaria Medius S   7.260   03/07/2021  PLN   52.100
Activa Resources AG   0.500  11/15/2021   EUR    1.500
Banco Espirito Sant   6.900   6/28/2024   EUR   19.327
Dr Wiesent Sozial g   7.000               EUR   10.000
Afren PLC            10.250   04/08/2019  USD    0.062
Commerzbank AG        0.453  11/19/2029   EUR   60.668
Newday Bondco Plc     7.375   02/01/2024  GBP   74.876
Veneto Banca SpA      9.500   12/01/2025  EUR    0.787
Steilmann SE          7.000   03/09/2017  EUR    1.429
Norske Skogindustri   7.125  10/15/2033   USD    0.135
Decipher Production  12.500   9/27/2019   USD    1.500
Espirito Santo Fina   3.125   12/02/2018  EUR    1.099
Erotik-Abwicklungsg   7.750   07/09/2019  EUR    0.779
Offshore Drilling H   8.375   9/20/2020   USD   22.712
Raiffeisen Switzerl   6.000  10/28/2020   EUR   53.050
Lehman Brothers UK    5.750               EUR    2.117
Jaguar Land Rover A   5.875  11/15/2024   EUR   76.484
WPE International C  10.375   9/30/2020   USD    0.023
Linas Matkasse Newc   8.351   10/09/2022  SEK   55.760
KPNQwest NV           7.125   06/01/2009  EUR    0.076
Kommunekredit         0.500   7/30/2027   TRY   41.681
Ahtium PLC            9.750   04/04/2017  EUR    0.976
Norske Skog Holding   8.000   2/24/2021   EUR    0.023
Cooperatieve Raboba   0.500   7/30/2043   MXN   20.886
Virgolino de Olivei  10.500   1/28/2018   USD    0.849
Nordea Bank Abp       3.500   1/22/2024   SEK   67.130
Alno AG               8.000   3/21/2019   EUR   12.000
UBS AG/London        12.500   7/19/2021   USD   45.150
Intralot Capital Lu   5.250   9/15/2024   EUR   23.000
Senvion Holding Gmb   3.875  10/25/2022   EUR    4.137
Societe Generale SA  10.000   11/03/2022  USD   51.700
GE Capital UK Fundi   1.848   03/05/2038  GBP   65.414
Top Gun Realisation   8.000   07/01/2023  GBP    1.509
Naviera Armas SA      4.250  11/15/2024   EUR   49.000
Bulgaria Steel Fina  12.000   05/04/2013  EUR    0.216
Cooperatieve Raboba   0.500  12/29/2027   MXN   61.093
UBS AG/London        12.500   5/17/2021   USD   49.000
Depfa Funding III L   0.378               EUR   57.100
Windreich GmbH        6.500   7/15/2016   EUR    7.738
EFG International A   0.204               EUR   40.494
Cattles Ltd           8.125   07/05/2017  GBP    0.072
Ahtium PLC            4.000  12/16/2015   EUR    0.586
KTG Agrar SE          7.250  10/15/2019   EUR    1.136
Chr Bygga Bostader    9.338   07/05/2021  SEK   50.000
Odea Bank AS          7.625   08/01/2027  USD   55.557
EDOB Abwicklungs AG   7.500   04/01/2012  EUR    0.300
Yell Bondco PLC       8.500   05/02/2023  GBP   38.223
Solon SE              1.375   12/06/2012  EUR    0.769
Hema Bondco I BV      6.250   7/15/2022   EUR   46.183
Finmek Internationa   7.000   12/03/2004  EUR    2.193
Nordea Bank Abp       3.500   7/20/2022   SEK   73.130
Nordea Bank Abp       4.200   1/20/2025   SEK   74.630
UBS AG/London        12.000   11/02/2020  USD   42.550
Danske Bank A/S       7.470   07/09/2023  SEK   58.480
Krakowski Bank Spol   4.820   9/20/2023   PLN   72.010
Hamburgische Landes   0.148  10/30/2040   EUR   73.955
Societe Generale SA  12.000   07/08/2021  USD   23.955
Societe Generale SA   8.000   8/18/2021   USD   18.700
Finans-Avia OOO      10.000   7/31/2022   RUB    7.380
Raffinerie Heide Gm   6.375   12/01/2022  EUR   60.500
Cirio Del Monte NV    7.750   3/14/2005   EUR    0.552
Afren PLC            11.500   02/01/2016  USD    0.062
Swissport Investmen   6.750  12/15/2021   EUR   24.532
Maxeda DIY Holding    6.125   7/15/2022   EUR   69.255
Mallinckrodt Intern   5.625  10/15/2023   USD   23.265
F-Brasile SpA / F-B   7.375   8/15/2026   USD   73.249
KPNQwest NV           8.875   02/01/2008  EUR    0.076
Cooperatieve Raboba   0.500  11/30/2027   MXN   59.706
Skandinaviska Enski   6.000   7/15/2022   SEK   58.750
Skandinaviska Enski   7.000   1/15/2024   SEK   35.110
UniCredit SpA         1.900   6/14/2032   EUR   73.251
Agrokor dd            9.875   05/01/2019  EUR   10.500
Sequa Petroleum NV    5.000   4/29/2020   USD   25.601
Dolphin Drilling AS   4.490   8/28/2019   NOK    0.339
Gebr Sanders GmbH &   8.750  10/22/2018   EUR   11.463
Havila Shipping ASA   4.350   11/07/2020  NOK   51.213
SG Issuer SA         10.850   2/22/2021   CHF   55.000
SALVATOR Vermoegens   9.500  12/31/2021   EUR    8.000
Region of Abruzzo I   0.215   11/07/2036  EUR   65.482
Societe Generale SA  21.000  12/23/2022   USD   29.790
LSF9 Balta Issuer S   7.750   9/15/2022   EUR   49.348
Ghelamco Invest       4.250   1/21/2027   EUR   62.038
SB Holdco PLC         8.000   7/13/2022   EUR   73.000
Societe Generale SA  21.000   6/30/2022   USD   25.240
Leonteq Securities   11.600   9/17/2020   USD   50.300
Kirk Beauty One Gmb   8.750   7/15/2023   EUR   46.853
Credit Suisse AG/Lo  10.500   06/03/2020  USD   38.090
Vseukrainsky Aktsin  10.900   6/14/2019   USD    1.056
Jaguar Land Rover A   2.200   1/15/2024   EUR   75.006
Marine Subsea AS      9.000  12/16/2019   USD    0.688
Vneshprombank Ltd V   9.000  11/14/2016   USD    0.078
Pescanova SA          5.125   4/20/2017   EUR    0.319
Dogus Holding AS     13.220   7/26/2021   TRY   70.000
Del Monte Finance L   6.625   5/24/2006   EUR    0.001
Novafives SAS         5.000   6/15/2025   EUR   68.980
Republic of Italy G   0.047   7/31/2035   EUR   74.754
Pizzaexpress Financ   6.625   08/01/2021  GBP   54.833
Pizzaexpress Financ   8.625   08/01/2022  GBP   12.298
Afren PLC            10.250   04/08/2019  USD    0.062
Boparan Finance PLC   5.500   7/15/2021   GBP   75.138
La Financiere Atali   4.000   5/15/2024   EUR   58.567
Region of Abruzzo I   0.055   11/07/2031  EUR   72.332
Banque Internationa   0.224   2/20/2023   EUR    0.030
Swissport Investmen   9.750  12/15/2022   EUR   13.210
Manchester Building   8.000               GBP   21.750
Credit Agricole Cor   9.000   02/11/2021  USD   39.200
Central Business Ce   5.750  12/30/2021   EUR   31.000
Mifa Mitteldeutsche   7.500   08/12/2018  EUR    2.110
Norske Skog Holding   8.000   2/24/2023   USD    0.022
Sairgroup Finance B   4.375   06/08/2006  EUR    1.829
Alpine Holding GmbH   5.250   07/01/2015  EUR    0.172
UBS AG/London        12.000   08/12/2021  CHF   54.400
Centre Hospitalier    1.500   4/27/2050   EUR   20.138
SiC Processing GmbH   7.125   03/01/2016  EUR    2.611
Cooperatieve Raboba   0.500   1/31/2033   MXN   38.015
Nordea Bank Abp       4.000   7/20/2025   SEK   71.130
Turkey Government I   4.875   4/16/2043   USD   72.980
Matalan Finance PLC   9.500   1/31/2024   GBP   31.354
Virgolino de Olivei  11.750   02/09/2022  USD    0.943
Societe Generale SA   8.000   08/09/2022  USD   22.681
Landesbank Baden-Wu   3.520   8/28/2020   EUR   72.920
Barclays Bank PLC     1.860   5/30/2034   USD   72.250
Region of Molise It   0.060  12/15/2033   EUR   62.452
Autostrade per l'It   3.240   06/10/2034  EUR   73.184
Nordea Bank Abp       2.215   7/20/2021   SEK   13.000
Portugal Telecom In   5.242   11/06/2017  EUR    0.694
Skandinaviska Enski   6.500   1/15/2024   SEK   46.020
Investec Bank PLC     1.594   7/31/2025   GBP   74.560
SAir Group            0.125   07/07/2005  CHF    8.375
Moby SpA              7.750   2/15/2023   EUR   31.750
Banco Santander SA    1.932               EUR    3.772
Summer BC Holdco A    9.250  10/31/2027   EUR   74.500
Phosphorus Holdco P  10.000   04/01/2019  GBP    2.557
Marcolin SpA          4.125   2/15/2023   EUR   70.758
Barclays Bank PLC     1.372  12/23/2033   USD   61.161
Agrokor dd Via Aqua   4.921   08/08/2017  EUR   14.625
MS Deutschland Bete   6.875  12/18/2017   EUR    1.720
Veneto Banca SpA      6.411               EUR    1.199
Alpine Holding GmbH   5.250   06/10/2016  EUR    0.172
Waste Italia SpA     10.500  11/15/2019   EUR    0.608
Centrosolar Group A   7.000   2/15/2016   EUR    2.387
KPNQwest NV           8.125   06/01/2009  USD    0.076
Nordea Bank Abp       4.100   7/20/2023   SEK   35.630
OGX Austria GmbH      8.500   06/01/2018  USD    0.001
German Pellets GmbH   7.250   04/01/2016  EUR    0.429
Cooperatieve Raboba   0.500   8/21/2028   MXN   52.334
Leonteq Securities    9.000   7/28/2020   CHF   48.870
WEB Windenergie AG    2.250   9/25/2028   EUR   55.010
Finans-Avia OOO       0.010   7/31/2027   RUB    3.670
Pro-Gest SpA          3.250  12/15/2024   EUR   55.000
Tendam Brands SAU     5.000   9/15/2024   EUR   69.540
Nordea Bank Abp       3.600   1/22/2024   SEK   73.630
Deutsche Bank AG/Lo   0.500  10/18/2038   MXN   27.229
Veneto Banca SpA      6.944   5/15/2025   EUR    0.070
HSBC Bank PLC         0.500  11/25/2025   BRL   68.123
Landesbank Schleswi   1.518   01/05/2040  USD   56.921
International Bank    8.250   10/09/2024  USD   60.375
Island Offshore Shi   3.450   6/30/2021   NOK    4.449
Frigoglass Finance    6.875   02/12/2025  EUR   65.516
HSBC Bank PLC         0.500  12/22/2025   BRL   67.687
Landesbank Baden-Wu   2.000  12/29/2020   EUR   68.320
UBS AG/London        12.000   9/28/2020   USD   46.450
Matalan Finance PLC   6.750   1/31/2023   GBP   56.799
UBS AG/London        11.500   6/14/2021   USD   44.150
Bank Nadra Via NDR    8.250   7/31/2018   USD    0.208
La Financiere Atali   5.125   5/15/2025   EUR   61.112
Vontobel Financial   17.000   9/25/2020   EUR   58.120
Credit Suisse AG/Lo  11.750   03/03/2021  USD   72.175
Thomas Cook Group P   6.250   6/15/2022   EUR    5.000
AnaCap Financial Eu   5.000   08/01/2024  EUR   75.352
Elli Investments Lt  12.250   6/15/2020   GBP   51.505
Nordea Bank Abp       8.250   1/20/2025   SEK   74.050
Credit Suisse AG/Lo  13.500  10/13/2020   USD   56.910
Sairgroup Finance B   6.625   10/06/2010  EUR    1.829
Heta Asset Resoluti   7.500  12/31/2023   ATS    1.406
Hampshire Trust Ban   7.250   05/10/2028  GBP   72.001
Deutsche Agrar Hold   7.250   9/28/2018   EUR    1.254
KME SE                6.750   02/01/2023  EUR   44.630
Astaldi SpA           7.125   12/01/2020  EUR    9.731
Stichting Afwikkeli   6.625   5/14/2018   EUR    1.426
Galapagos Holding S   7.000   6/15/2022   EUR    7.704
Kaupthing ehf         9.000               USD    0.122
OGX Austria GmbH      8.375   04/01/2022  USD    0.001
Amigo Luxembourg SA   7.625   1/15/2024   GBP   74.928
Leonteq Securities    9.200   10/12/2020  CHF   37.620
SG Issuer SA          5.996   01/10/2023  EUR   62.950
AlphaNotes ETP Dac    0.010   09/09/2029  USD   68.317
Lehman Brothers Tre   2.000   3/16/2035   EUR    3.400
Natixis SA            0.300   6/25/2048   USD   50.307
Societe Generale SA   8.000   5/28/2027   USD   15.700
Raiffeisen Switzerl   9.180   1/25/2021   EUR   71.830
UkrLandFarming PLC   10.875   3/26/2018   USD    5.201
Privatbank CJSC Via  10.875   2/28/2018   USD   30.293
Raiffeisen Switzerl   8.000   07/11/2024  USD   56.100
Skandinaviska Enski   7.620   7/15/2022   SEK   45.610
Golden Gate AG        6.500   10/11/2014  EUR   37.550
Esbank Bank Spoldzi   4.790   7/16/2025   PLN   65.050
Sberbank of Russia   12.270   01/02/2026  RUB   67.230
Mox Telecom AG        7.250   11/02/2017  EUR    1.354
Barclays Bank PLC     0.701  11/28/2029   USD   78.375
Danske Bank A/S       5.300   7/15/2023   SEK   24.830
Nordea Bank Abp       5.100   1/20/2022   SEK   59.880
Nordea Bank Abp       7.150   7/20/2023   SEK   55.000
Leonteq Securities   30.000   7/28/2020   CHF   45.560
Norske Skog Holding   8.000   2/24/2023   USD    0.022
Petromena ASA        10.850  11/19/2018   USD    0.609
Anglian Water Servi   1.081   1/26/2057   GBP   68.948
Banco Espirito Sant  10.000   12/06/2021  EUR    0.563
Otkritie Holding JS  12.090   12/08/2027  RUB    0.100
Argentum Capital SA   4.551   06/06/2023  USD   40.870
Leonteq Securities   19.600   1/20/2021   CHF   63.380
DZ Bank AG Deutsche  10.150  11/27/2020   EUR   62.600
SG Issuer SA          7.000   2/17/2021   EUR   53.640
DZ Bank AG Deutsche   6.400   9/21/2020   EUR   71.790
Barclays Bank PLC     1.088   8/31/2031   USD   78.375
Bank Julius Baer &   10.150   08/07/2020  USD   35.250
SG Issuer SA          6.260   01/10/2024  SEK   72.830
Kredyt Inkaso SA      4.900   3/28/2022   PLN   71.010
IKB Deutsche Indust   1.666  12/31/2031   EUR   62.216
Officine Maccaferri   5.750   06/01/2021  EUR   36.083
Corner Banca SA       7.400  10/13/2020   CHF   46.510
Leonteq Securities    9.000   06/04/2020  USD   41.030
Nordea Bank Abp       2.100   7/20/2023   SEK   70.380
Skandinaviska Enski   7.880   1/16/2023   SEK   55.515
Tonon Luxembourg SA  12.500   5/14/2024   USD    0.445
Promontoria Holding   6.250   8/15/2023   EUR   72.160
Ideal Standard Inte  11.750   05/01/2018  EUR    0.051
DekaBank Deutsche G   9.600  10/16/2020   EUR   47.260
Air Berlin Finance    6.000   03/06/2019  EUR    1.550
REM Saltire AS        8.460   6/30/2021   NOK   50.000
Steilmann SE          6.750   6/27/2017   EUR    2.184
Afren PLC             6.625   12/09/2020  USD    0.070
Steilmann SE          7.000   9/23/2018   EUR    1.429
Banque Cantonale Va  14.550  12/18/2020   USD   72.710
Societe Generale SA  17.000  10/22/2020   USD   23.900
Zurcher Kantonalban   5.750   07/03/2020  CHF   71.290
Finance and Credit    9.250   1/25/2019   USD    0.993
getgoods.de AG        7.750   10/02/2017  EUR    0.126
Credit Suisse AG/London      11/30/2020   USD   30.000
Banque Cantonale Va  11.700  12/18/2020   CHF   71.780
AKB Metallinvestban   6.400   09/04/2023  RUB   99.970
Leonteq Securities   21.000   2/24/2021   CHF   16.000
UniCredit Bank AG     3.000   7/20/2022   EUR   73.550
Air Berlin Finance    8.500   03/06/2019  EUR    1.689
Thomas Cook Finance   3.875   7/15/2023   EUR    3.360
Tendam Brands SAU     5.250   9/15/2024   EUR   69.184
IKB Deutsche Indust   0.712   5/25/2031   EUR   53.115
La Financiere Atali   6.625   5/15/2025   GBP   57.450
Deutsche Bank AG      1.725   1/16/2045   EUR   64.486
Nordea Bank Abp       9.700   1/20/2023   SEK   36.250
Citigroup Global Ma  13.200  12/18/2023   SEK   38.110
Societe Generale SA  14.500   10/01/2020  USD   21.750
UBS AG/London        10.000   09/04/2020  EUR   45.150
UniCredit Bank AG     6.600   7/20/2028   EUR   36.910
SAG Solarstrom AG     6.250  12/14/2015   EUR   31.000
Barclays Bank PLC     1.756   10/10/2029  USD   78.375
PA Resources AB      13.500   03/03/2016  SEK    0.124
Heta Asset Resoluti   0.341  12/31/2023   EUR    1.406
Nordea Bank Abp       8.250   1/20/2023   SEK   36.620
Golfino AG            8.000  11/18/2023   EUR    0.015
Caixa Economica Mon   5.000               EUR   50.000
Credit Suisse AG/Lo   7.550   12/07/2021  USD   69.100
UniCredit Bank AG     2.150   7/20/2022   EUR   71.920
Espirito Santo Fina   5.050  11/15/2025   EUR    1.119
Corner Banca SA       7.800   8/17/2020   CHF   59.240
Nordea Bank Abp       7.110   7/20/2023   SEK   63.620
Leonteq Securities    4.000   01/10/2022  EUR   74.388
SG Issuer SA          1.250  11/15/2027   EUR   64.550
Pongs & Zahn AG       8.500               EUR    0.002
Deutsche Bank AG/Lo  13.750   6/20/2026   TRY   69.353
Metalloinvest Holdi   0.010   03/07/2022  RUB   94.000
Novafives SAS         4.500   6/15/2025   EUR   69.920
Mriya Agro Holding    9.450   4/19/2018   USD    7.625
New World Resources   4.000   10/07/2020  EUR    1.217
Nordea Bank Abp       5.750  10/20/2020   SEK   60.500
WEB Windenergie AG    5.250   04/08/2023  EUR   55.010
Skandinaviska Enski   9.200   7/15/2024   SEK   31.300
GE Capital European   0.330  10/15/2032   EUR   72.839
LBI ehf               7.431               USD    0.001
Bibby Offshore Serv   7.500   6/15/2021   GBP   10.394
Groupe Ecore Holdin   6.250  11/15/2023   EUR   55.062
Minicentrales Dos S   0.010   06/06/2047  EUR   65.750
Skandinaviska Enski   5.250   7/15/2022   SEK   75.350
Societe Generale Ef   5.500  12/24/2021   EUR   62.060
Natixis SA            2.970   06/08/2021  USD   58.604
Leonteq Securities   12.400   2/24/2021   CHF   53.710
Credit Suisse AG/Lo   4.000   2/21/2025   EUR   73.240
Credit Suisse AG/London       1/31/2023   USD   44.000
DZ Bank AG Deutsche   0.910   6/25/2029   EUR   73.410
UBS AG/London        13.500  11/20/2020   CHF   68.650
DekaBank Deutsche G   6.000   06/02/2021  EUR   64.230
Raiffeisen Centroba   6.750   2/17/2022   EUR   69.610
Cooperativa Murator   6.000   2/15/2023   EUR    2.705
Barclays Bank PLC     2.412   4/16/2029   USD   78.375
Otkritie Holding JS  10.770   9/17/2027   RUB   14.120
Otkritie Holding JS  10.000   4/20/2028   RUB    4.030
A-TEC Industries AG   5.750   11/02/2010  EUR    0.141
Barclays Bank PLC     1.183   3/27/2029   USD   78.375
Kaupthing ehf         6.125   10/04/2016  USD    0.250
UniCredit Bank AG     7.850   03/03/2021  EUR   64.300
Credit Suisse AG/London       03/01/2021  USD   48.370
Vontobel Financial    4.750   6/29/2020   EUR   47.000
Skandinaviska Enski  10.950   1/15/2024   SEK   39.680
Skandinaviska Enski   6.000   7/15/2024   SEK   55.000
Credit Suisse AG/London       3/29/2021   USD   67.000
Skandinaviska Enski   7.450   1/15/2025   SEK   34.440
Opus-Chartered Issu   5.000   03/08/2027  USD   56.770
Zurcher Kantonalban   9.000   12/04/2020  USD   52.940
Raiffeisen Centroba   7.250   12/06/2021  EUR   49.000
Nordea Bank Abp       7.430   1/20/2025   SEK   55.750
SG Issuer SA          0.820   08/02/2021  SEK    4.470
ECM Real Estate Inv   5.000   10/09/2011  EUR   15.375
New World Resources   8.000   04/07/2020  EUR    0.447
Bayerische Landesba   1.550   2/13/2040   EUR   72.110
Lloyds Bank PLC       0.500   7/26/2028   MXN   55.332
Grupo Isolux Corsan   0.250  12/30/2018   EUR    0.303
Veneto Banca SpA      6.950   2/25/2025   EUR    0.100
UBS AG/London         8.250   8/24/2020   USD   42.350
Luzerner Kantonalba   6.000   09/04/2020  CHF   67.210
HSBC Trinkaus & Bur   9.600   6/26/2020   EUR   53.880
Zaklady Miesne Henr   6.420   3/29/2021   PLN
Leonteq Securities    5.880  11/27/2020   GBP   43.550
Bayerische Landesba   2.800   06/05/2020  EUR   56.430
Leonteq Securities    7.200   9/24/2021   CHF   65.830
Bank Julius Baer &   12.660   6/23/2021   CHF   74.000
DekaBank Deutsche G   5.150   06/05/2020  EUR   69.000
WEB Windenergie AG    4.500               EUR   55.010
BNP Paribas Issuanc   6.550   3/28/2025   EUR   38.000
Landesbank Baden-Wu   2.400   9/25/2020   EUR   57.450
ING Bank NV           5.050   10/07/2024  EUR   56.500
F-Brasile SpA / F-B   7.375   8/15/2026   USD   73.249
A-TEC Industries AG   8.750  10/27/2014   EUR    0.141
Citigroup Global Ma   1.240   2/18/2040   EUR   74.024
Rio Forte Investmen   4.000   7/22/2014   EUR    6.094
BNP Paribas Issuanc   6.800   06/01/2020  EUR   42.850
Leonteq Securities    8.600   07/05/2021  CHF   58.320
Danske Bank A/S       8.050   07/09/2023  SEK   35.980
Bank Julius Baer &    7.100   11/09/2020  EUR   70.900
Nordea Bank Abp       5.700   1/20/2021   SEK   73.500
BNP Paribas SA        5.900   1/19/2021   USD   64.600
Bayerische Landesba   3.250   5/13/2022   EUR   67.620
Pragma Faktoring SA   5.420   07/04/2023  PLN   76.000
Trinfiko Holdings Z  10.000   3/20/2024   RUB   63.010
Bilt Paper BV         9.640               USD    1.021
NTRP Via Interpipe   10.250   08/02/2017  USD   30.500
Virgolino de Olivei  10.875   1/13/2020   USD   26.625
Mriya Agro Holding   10.950   3/30/2016   USD    7.643
Northland Resources   4.000  10/15/2020   NOK    0.271
Societe Generale SA  26.460   03/09/2023  USD   45.678
Corner Banca SA       7.400   7/22/2020   CHF   46.490
Leonteq Securities    7.400   03/04/2021  CHF   43.700
EFG International F  10.750   7/15/2020   USD   54.050
Nordea Bank Abp       5.600   7/20/2023   SEK   52.000
Natixis SA            3.100   7/26/2021   USD   39.131
Zurcher Kantonalban  11.000   7/22/2021   CHF   55.900
Zurcher Kantonalban  11.750   09/10/2020  USD   52.170
Skandinaviska Enski   6.350   7/15/2024   SEK   43.440
BNP Paribas Emissio  10.000  12/24/2020   EUR   56.910
Societe Generale SA  10.000   06/02/2022  USD   45.009
Bayerische Landesba   2.300   5/13/2022   EUR   43.080
EFG International F   6.500   8/20/2021   CHF   59.400
EFG International F   6.100   07/11/2024  CHF   68.180
Royalbeach Spielwar   7.375   11/10/2020  EUR    3.890
O1 Properties Finan  13.000   10/02/2020  RUB   97.030
Bibby Offshore Serv   7.500   6/15/2021   GBP   10.394
Irish Bank Resoluti   4.000   4/23/2018   EUR   33.250
Lehman Brothers Tre   1.000   10/05/2035  EUR    3.400
Lehman Brothers Tre   0.344   11/02/2035  EUR    3.400
Landesbank Hessen-T   0.044   7/18/2031   EUR   69.651
Landesbank Baden-Wu   3.500   2/26/2021   EUR   69.020
Zurcher Kantonalban  12.000   2/25/2021   CHF   56.370
Skandinaviska Enski   9.600   1/15/2024   SEK   32.900
Leonteq Securities    6.400   09/01/2020  CHF   63.740
Nordea Bank Abp       7.440   1/20/2023   SEK   63.870
Vontobel Financial    4.400  12/18/2020   EUR   72.160
Leonteq Securities    4.890  11/26/2021   USD   45.650
Landesbank Baden-Wu   2.650  12/29/2020   EUR   62.630
WEB Windenergie AG    3.750   9/26/2026   EUR   55.010
Landesbank Hessen-T   6.250   7/15/2022   EUR   49.800
Skandinaviska Enski   7.520   7/15/2024   SEK   46.430
Credit Suisse AG/Lo   4.200   9/25/2020   EUR   64.260
Bulgaria Steel Fina  12.000   05/04/2013  EUR    0.216
Kreditanstalt fuer    0.250   10/06/2036  CAD   46.897
Banca Popolare di V   9.500   10/02/2025  EUR    0.093
Natixis SA            3.150   06/08/2021  USD   27.516
Bank Julius Baer &    6.200   9/28/2020   USD   44.050
UBS AG/London         7.750   07/05/2021  EUR   72.000
mybet Holding SE      6.250   12/12/2020  EUR    0.700
Landesbank Hessen-T   5.250   5/15/2025   EUR   60.970
UniCredit Bank AG     4.250   6/25/2020   EUR   50.730
Credit Suisse AG/Lo  10.250   05/03/2021  CHF   59.890
EFG International F   7.000  10/25/2021   EUR   65.640
Zurcher Kantonalban   5.250  12/30/2021   CHF   74.140
Credit Suisse AG/Lo  12.120   2/28/2022   EUR   59.760
EFG International F   6.300  12/17/2020   EUR   65.710
Vontobel Financial    5.500  12/28/2020   EUR   69.730
Zurcher Kantonalban  14.000   6/17/2020   EUR   60.720
Nordea Bank Abp       7.050   7/20/2024   SEK   54.250
EFG International F   9.150  10/29/2020   USD   75.220
WEB Windenergie AG    6.500               EUR   55.010
Landesbank Hessen-T   5.600   9/27/2024   EUR   65.810
Nordea Bank Abp       6.100   7/20/2024   SEK   64.250
Leonteq Securities   10.000   12/11/2020  CHF   73.730
Irish Bank Resoluti   6.750  11/30/2013   BGN   33.250
Mriya Agro Holding    9.450   4/19/2018   USD    7.625
Espirito Santo Fina   5.125   5/30/2016   EUR    1.486
Tonon Luxembourg SA   9.250   1/24/2020   USD    1.008
SAir Group            6.250  10/27/2002   CHF    8.375
Aralco Finance SA    10.125   05/07/2020  USD    0.934
Cooperativa Murator   6.875   08/01/2022  EUR    2.760
Barclays Bank PLC     0.500   1/28/2033   MXN   38.370
Erste Group Bank AG   6.250   9/28/2023   EUR   61.450
EFG International F   5.550   07/12/2021  USD    4.170
Deutsche Bank AG/Lo   2.200   4/14/2023   EUR   57.250
Nordea Bank Abp       6.060   7/20/2023   SEK   62.750
SG Issuer SA         10.580  12/27/2022   EUR   74.260
Corner Banca SA       7.600   02/02/2021  CHF   52.070
Credit Suisse AG/Lo  10.000   5/14/2021   EUR   51.440
Citigroup Global Ma   6.010  10/23/2024   RUB   34.380
UniCredit Bank AG     6.600   7/23/2021   EUR   66.700
Leonteq Securities   14.000   8/17/2020   EUR   65.910
UBS AG/London        12.750   9/27/2021   CHF   63.000
ING Bank NV           6.500  12/30/2020   EUR   72.370
Credit Suisse AG/Lo   7.000   5/31/2021   CHF   60.270
State of Saxony-Anh   0.134   07/03/2028  EUR   45.000
UniCredit Bank AG     4.500  11/18/2020   EUR   24.850
Pescanova SA          8.750   2/17/2019   EUR    0.319
A-TEC Industries AG   2.750   05/10/2014  EUR    0.141
Vontobel Financial   16.000   6/25/2021   EUR   74.830
Raiffeisen Schweiz    4.100   06/08/2022  CHF   57.250
Societe Generale SA   8.000   1/14/2021   USD   42.080
Corner Banca SA       8.600   6/16/2020   CHF   35.820
Zurcher Kantonalban  13.550   07/03/2020  EUR   67.820
Credit Suisse AG/Lo  12.000   7/24/2020   USD   34.390
Danske Bank A/S       5.000   01/09/2025  SEK   68.200
UBS AG/London         6.250   7/13/2020   CHF   17.360
Landesbank Baden-Wu  13.120   2/26/2021   EUR   70.600
Leonteq Securities   10.250   02/04/2021  USD   56.750
Nordea Bank Abp       2.690   7/20/2023   SEK   13.000
Araratbank OJSC       5.250   09/11/2022  USD   25.248
Societe Generale SA  14.500   09/03/2020  USD   22.444
Bayerische Landesba   2.250   7/23/2021   EUR   53.720
Citigroup Global Ma  12.379  11/13/2023   SEK   35.810
City of Predeal Rom   3.500   5/15/2026   RON   60.000
EFG International F   5.350   11/07/2022  USD   57.170
Bank Spoldzielczy w   3.690   5/15/2025   PLN   75.000
WEB Windenergie AG    5.500   04/08/2023  EUR   55.010
Corner Banca SA      16.400   03/02/2021  CHF   13.330
Russian Railways JS   3.500   10/11/2038  RUB   90.000
Norske Skogindustri   7.000  12/30/2026   EUR    0.135
Norske Skog Holding   8.000   2/24/2021   EUR    0.023
Samaratransneft-Ter  17.000   6/20/2021   RUB   13.960
Agrokor dd            8.875   02/01/2020  USD   10.838
Rena GmbH             7.000  12/15/2015   EUR    2.096
Stichting Afwikkeli   8.450   8/20/2018   USD    1.426
Stichting Afwikkeli   2.504               EUR    1.210
Nordea Bank Abp       6.440   1/22/2024   SEK   57.120
HSBC Trinkaus & Bur   4.500   6/26/2020   EUR   70.100
Zurcher Kantonalban   7.500   06/10/2020  CHF   52.330
Credit Suisse AG/Lo   8.000   12/02/2020  USD    8.707
Landesbank Baden-Wu   2.800   2/26/2021   EUR   74.310
Deutsche Bank AG      8.200  12/22/2020   EUR   41.600
Landesbank Baden-Wu   3.540   7/24/2020   EUR   56.940
SG Issuer SA          3.150   07/10/2020  EUR   66.790
SG Issuer SA          5.000   5/23/2024   EUR   54.940
Danske Bank A/S      10.380   07/10/2023  EUR   44.060
Raiffeisen Centroba   8.250   11/10/2020  EUR   47.540
Bayerische Landesba   2.500   8/21/2020   EUR   47.140
BNP Paribas Emissio   8.000   9/24/2020   EUR   68.160
Landesbank Baden-Wu   2.000   3/26/2021   EUR   58.500
EFG International F   7.100   8/14/2020   EUR   51.170
Raiffeisen Centroba   7.500   4/30/2021   EUR   58.940
Bank Julius Baer &    4.080   08/07/2020  EUR   64.500
Landesbank Baden-Wu  13.660   5/31/2021   EUR   64.090
EFG International F  12.000  11/29/2024   USD   57.190
Banque Cantonale Va   6.100  11/20/2020   CHF   46.530
Nordea Bank Abp       3.792   1/20/2021   EUR   43.620
Nordea Bank Abp       5.000   1/20/2025   SEK   74.870
Raiffeisen Schweiz    7.600  11/15/2021   EUR   66.140
Zurcher Kantonalban   9.500   7/22/2021   EUR   49.780
Zurcher Kantonalban   7.750   6/18/2021   EUR   58.420
EFG International F   7.800   8/17/2020   CHF   36.860
Credit Suisse AG/Lo   9.100   09/10/2020  USD   65.390
EFG International F  12.530   3/18/2021   CHF   56.680
Danske Bank A/S       6.000   07/09/2025  SEK   74.490
EFG International F   9.500   10/11/2022  USD   70.770
Bank Julius Baer &   10.000   6/21/2021   EUR   54.600
Nordea Bank Abp       5.400   1/20/2025   SEK   66.750
EFG International F  19.200   6/18/2021   CHF   71.070
Zurcher Kantonalban  10.875   5/27/2021   EUR   45.080
Landesbank Hessen-T   4.200   9/21/2020   EUR   66.700
UBS AG/London         7.750   5/24/2021   EUR   52.850
UBS AG/London        11.750   06/01/2021  USD   53.430
Zurcher Kantonalban   5.500  10/16/2020   EUR   68.510
Societe Generale SA  22.000   11/03/2022  USD   28.625
HSBC Bank PLC         0.500   6/23/2027   MXN   61.983
Northland Resources  15.000   7/15/2019   USD    2.621
Kaupthing ehf         3.750   2/15/2024   ISK    0.250
SAG Solarstrom AG     7.500   07/10/2017  EUR   31.000
Jaguar Land Rover A   4.500   10/01/2027  USD   68.657
AKB Peresvet ZAO      0.510   2/14/2032   RUB   11.040
Heta Asset Resoluti   0.050  12/31/2023   EUR    1.406
House of Fraser Fun   5.978   9/15/2020   GBP    3.433
Windreich GmbH        6.500   03/01/2015  EUR    7.738
Windreich GmbH        6.750   03/01/2015  EUR    7.738
Lehman Brothers Tre  11.000   6/29/2009   EUR    2.571
La Veggia Finance S   7.125  11/14/2004   EUR    0.287
Agrokor dd            9.125   02/01/2020  EUR   10.179
Skandinaviska Enski   9.020   7/17/2023   SEK   41.760
Skandinaviska Enski  10.360   7/17/2023   SEK   54.310
UniCredit Bank AG     4.250  11/21/2021   EUR   38.620
Macquarie Internati  11.550   8/28/2023   ZAR   11.816
Raiffeisen Centroba   6.000   09/09/2021  EUR   72.130
Deutsche Bank AG      3.200   6/23/2020   EUR   70.790
Raiffeisen Centroba   4.150   04/05/2022  EUR   66.060
UniCredit Bank AG     9.800  12/29/2020   EUR   33.950
Raiffeisen Schweiz    5.750  11/23/2020   EUR   58.680
Corner Banca SA       7.200   4/20/2021   CHF   54.300
UBS AG/London         7.500   9/21/2020   USD   51.520
Natixis SA            2.750   03/01/2021  USD   48.916
DekaBank Deutsche G   3.000   4/24/2024   EUR   63.510
Raiffeisen Schweiz    6.900   09/10/2020  EUR   63.770
UBS AG/London         5.500   2/22/2021   CHF   59.750
Leonteq Securities    5.630  11/27/2020   GBP   71.900
EFG International F  10.850  11/29/2024   USD   53.430
Danske Bank A/S       9.430   07/09/2024  SEK   22.000
SG Issuer SA          2.200   01/10/2025  EUR   58.240
Vontobel Financial    6.000   2/26/2021   EUR   74.050
Leonteq Securities   18.000   1/28/2021   CHF   63.190
Bank Julius Baer &   11.000   7/31/2020   CHF   74.150
Raiffeisen Switzerl   4.800   6/14/2021   EUR   53.990
Raiffeisen Switzerl   5.900  10/28/2020   CHF   53.110
Landesbank Hessen-T   4.000   4/13/2021   EUR   59.220
Zurcher Kantonalban   5.750  10/18/2022   CHF   68.640
Vontobel Financial    5.850   09/11/2020  EUR   73.140
Credit Suisse AG/Lo   6.250   5/28/2021   USD   73.250
Nordea Bank Abp       2.492   1/20/2021   EUR   68.000
Societe Generale Ef   4.250   6/26/2020   EUR   72.880
UniCredit Bank AG     3.600   6/18/2020   EUR   39.980
Credit Suisse AG/Lo   5.100   2/26/2021   CHF   72.640
Landesbank Hessen-T   5.100   10/04/2024  EUR   51.920
Landesbank Hessen-T   6.450   06/03/2024  EUR   60.060
Bayerische Landesba   2.800   5/14/2021   EUR   56.670
Landesbank Hessen-T   6.500   5/21/2025   EUR   63.900
Danske Bank A/S       5.600   07/09/2025  SEK   72.940
Astana Finance BV     9.000  11/16/2011   USD   15.250
Astana Finance BV     7.875   06/08/2010  EUR   16.000
Hellas Telecommunic   6.054   1/15/2015   USD    0.018
Heta Asset Resoluti   0.570  12/31/2023   EUR    1.406
Bank Otkritie Finan   0.010   7/16/2025   RUB   69.020
BLT Finance BV       12.000   02/10/2015  USD   10.500
Hellas Telecommunic   8.500  10/15/2013   EUR    0.497
Northland Resources  12.250   3/26/2016   USD    2.621
PSN Pm OOO            9.500   09/10/2026  RUB   21.625
Northland Resources   4.000  10/15/2020   USD    0.271
Heta Asset Resoluti   4.350  12/31/2023   EUR    1.500
Norske Skogindustri   7.125  10/15/2033   USD    0.135
Elli Investments Lt  12.250   6/15/2020   GBP   51.505
Norddeutsche Landes   4.000   6/28/2038   EUR   61.852
Lehman Brothers Tre   5.103   6/22/2046   EUR    2.571
UBS AG/London         8.000   06/08/2020  CHF   56.500
Deutsche Bank AG      4.200   6/23/2020   EUR   45.300
HSBC Trinkaus & Bur   7.300   9/25/2020   EUR   54.510
Nordea Bank Abp       6.450   1/22/2024   SEK   69.870
Landesbank Hessen-T   6.000   9/21/2023   EUR   41.700
Landesbank Baden-Wu   3.750   1/22/2021   EUR   68.260
DZ Bank AG Deutsche   5.000  11/27/2020   EUR   66.990
EFG International F  10.000   08/07/2020  EUR   54.690
Bayerische Landesba   3.350   08/07/2020  EUR   49.960
Societe Generale SA  10.080   3/16/2022   USD   43.950
Societe Generale Ef  18.288  12/28/2020   EUR   63.850
Skandinaviska Enski  10.300   7/17/2023   SEK   35.130
Skandinaviska Enski  10.400   1/15/2024   SEK   38.420
DekaBank Deutsche G   4.810   6/30/2020   EUR   33.700
Danske Bank A/S       6.860   07/09/2022  SEK   63.910
Leonteq Securities    8.000   7/29/2020   EUR   34.040
Skandinaviska Enski   7.600   1/15/2024   SEK   55.280
Bank Julius Baer &   16.250   05/04/2021  CHF   65.200
Banque Cantonale Va   5.200   08/04/2021  CHF   70.980
Skandinaviska Enski   4.500   7/17/2023   SEK   42.310
Credit Suisse AG/Lo   8.500   2/22/2021   USD   68.900
Zurcher Kantonalban   6.000   11/12/2020  EUR   72.830
Credit Suisse AG/Lo  10.500  11/13/2020   USD   53.280
Skandinaviska Enski   4.350   1/15/2025   SEK   43.660
UBS AG/London         6.200   3/25/2021   EUR   62.650
Landesbank Hessen-T   3.100   11/09/2020  EUR   52.200
UniCredit Bank AG     4.300   06/04/2020  EUR   55.790
Raiffeisen Schweiz    6.000   8/17/2020   CHF   35.940
UniCredit Bank AG     3.750   09/07/2020  EUR   29.300
Bank Julius Baer &    8.950  10/19/2020   USD   35.050
DZ Bank AG Deutsche   6.400   6/26/2020   EUR   72.630
Landesbank Baden-Wu   5.750  11/26/2021   EUR   52.360
Credit Suisse AG/Lo   9.500   7/20/2020   USD   53.460
Landesbank Hessen-T   5.600   6/21/2021   EUR   64.700
BNP Paribas Issuanc   4.992   10/05/2020  CHF   61.700
Landesbank Hessen-T   4.550   11/04/2020  EUR   60.500
Erste Group Bank AG   5.600   9/29/2020   EUR   65.460
DekaBank Deutsche G   2.380   08/11/2020  EUR   60.800
EFG International F  12.870  12/23/2024   USD   62.150
EFG International F   9.700   9/26/2022   CHF   53.900
Corner Banca SA       6.000   4/25/2022   CHF   71.320
Danske Bank A/S       6.310   07/09/2025  SEK   73.820
EFG International F  13.600   2/23/2021   CHF   63.590
Gazprombank JSC       0.010  11/24/2022   RUB   75.020
BNP Paribas Emissio   6.500  12/24/2020   EUR   49.190
Raiffeisen Switzerl   3.590   7/22/2020   EUR   60.760
Skandinaviska Enski   3.000   1/17/2022   SEK   32.700
Kaupthing ehf         3.750   02/01/2045  USD    0.232
Rio Forte Investmen   3.900   07/10/2014  USD    6.125
SAir Group            4.250   02/02/2007  CHF    8.375
AKB Peresvet ZAO      0.510   6/23/2021   RUB   13.140
Rio Forte Investmen   4.750   11/10/2015  EUR    6.125
Espirito Santo Fina   5.050  11/15/2025   EUR    1.119
Barclays Bank PLC     2.000   06/12/2029  TRY   41.894
UBS AG/London         5.750   8/14/2020   CHF   48.300
EFG International F   6.200   8/16/2021   CHF   55.580
Leonteq Securities    6.400   11/03/2020  EUR   41.920
EFG International F  10.400   06/09/2020  USD   61.960
Natixis SA            2.100   06/08/2021  EUR   27.929
Skandinaviska Enski   7.800   7/17/2023   SEK   49.150
Natixis SA            2.075   6/22/2020   EUR   65.408
Raiffeisen Centroba   5.000   08/09/2021  EUR   56.530
EFG International F   6.000   08/03/2020  USD   28.140
EFG International F  11.400   6/28/2021   USD   52.670
EFG International F  10.000   2/22/2024   USD   64.960
UBS AG/London         9.000   8/27/2020   USD   40.050
Societe Generale SA   7.220   5/30/2023   USD   74.550
Leonteq Securities    7.400   11/09/2020  EUR   56.960
EFG International F  13.500   7/19/2021   USD   68.040
Credit Suisse AG/Lo   4.000   6/22/2020   EUR   63.290
Leonteq Securities    7.200  10/27/2021   CHF   51.210
Landesbank Hessen-T   4.000  11/24/2021   EUR   63.510
Societe Generale SA   9.250   9/30/2020   USD   42.500
HSBC Trinkaus & Bur   5.030   12/04/2020  EUR   56.730
Credit Suisse AG/Lo   6.000   1/31/2022   CHF   71.540
EFG International F  11.500   08/02/2021  USD   69.750
Raiffeisen Schweiz   11.500   2/18/2021   CHF   34.400
UBS AG/London         7.000   2/21/2022   EUR   64.100
UBS AG/London         9.250   8/20/2021   USD   66.650
Societe Generale Ef  10.000   2/19/2021   EUR   69.330
Zurcher Kantonalban   7.640   08/06/2020  CHF   46.320
Credit Suisse AG/Lo   2.800  11/17/2020   USD   55.700
EFG International F  13.150  12/17/2020   USD   41.460
Raiffeisen Switzerl  15.120   07/08/2020  USD   49.320
SG Issuer SA          1.750   2/22/2021   EUR   70.000
BNP Paribas Emissio   3.000   6/25/2020   EUR   64.690
EFG International F   4.700   2/21/2023   USD   59.550
Raiffeisen Centroba   5.500   02/08/2021  EUR   61.930
Deutsche Bank AG      8.200   9/22/2020   EUR   43.800
UBS AG/London         7.750   06/08/2020  CHF   55.050
Leonteq Securities   10.600   12/08/2020  EUR   33.870
UBS AG/London         9.000   11/04/2020  USD   48.600
Getin Noble Bank SA   5.710   4/29/2024   PLN   72.000
UBS AG/London         5.250   07/11/2022  CHF   66.050
Deutsche Bank AG/Lo   0.910  11/21/2022   EUR   60.140
Leonteq Securities   10.200   06/03/2020  USD   61.590
UBS AG/London         6.000   11/09/2020  CHF   58.650
Leonteq Securities    8.200   09/01/2020  CHF   40.360
Raiffeisen Schweiz    5.500   09/07/2020  CHF   73.260
Investec Bank PLC     6.650   6/20/2026   SEK   67.570
EFG International F   0.600   07/12/2022  EUR   60.310
Danske Bank A/S       6.010   07/09/2023  SEK   53.350
Corner Banca SA      10.000   10/05/2020  CHF   49.260
UBS AG/London         6.000   8/13/2020   CHF   50.700
EFG International F   9.800   9/21/2021   EUR   32.330
Leonteq Securities    7.400   9/28/2021   CHF   53.950
UniCredit Bank AG     4.100   8/24/2022   EUR   60.110
UBS AG/London         9.000   07/06/2020  USD   64.680
EFG International F  10.500   02/07/2022  EUR   48.780
EFG International F   8.700   9/28/2020   EUR   62.790
Landesbank Hessen-T   5.700   06/02/2023  EUR   55.470
Luzerner Kantonalba  13.200   8/14/2020   CHF   65.400
UBS AG/London         7.500   08/07/2020  EUR   51.650
Leonteq Securities    7.000   8/19/2020   EUR   49.810
Leonteq Securities    3.000   1/31/2022   EUR   67.070
Raiffeisen Switzerl   9.000   02/11/2021  USD   62.160
UniCredit Bank AG     6.600   04/06/2021  USD   59.770
Skandinaviska Enski   9.500   1/17/2023   SEK   37.840
EFG International F   5.350  12/27/2022   USD   56.530
EFG International F  12.750   1/31/2022   USD   53.140
EFG International F  11.500   08/02/2021  USD   70.770
Credit Suisse AG/Lo   6.000   7/15/2020   CHF   72.280
Credit Suisse AG/Lo   6.000   6/24/2022   CHF   64.640
UBS AG/London         7.000  10/26/2020   CHF   61.550
Credit Suisse AG/Lo  10.750  12/21/2020   CHF   54.690
Credit Suisse AG/Lo   7.750   8/30/2021   CHF   71.880
EFG International F  12.000  10/19/2021   USD   42.800
UBS AG/London         7.500  10/19/2020   EUR   68.250
Landesbank Baden-Wu   4.000   8/28/2020   EUR   36.660
EFG International F   4.700   2/24/2023   USD   58.010
Leonteq Securities    2.910   1/20/2021   EUR   69.520
Danske Bank A/S       6.860   07/09/2022  SEK    7.030
Zurcher Kantonalban   9.200   11/06/2020  CHF   69.250
Zurcher Kantonalban   6.000   2/25/2021   CHF   64.030
UBS AG/London        11.500   03/11/2021  EUR   71.450
EFG International F   0.600   08/08/2022  EUR   61.990
Credit Suisse AG/Lo   8.000   03/03/2022  USD   54.430
EFG International F   5.350  11/15/2022   USD   53.940
Leonteq Securities   20.000   2/18/2021   CHF   48.680
WEB Windenergie AG    6.250               EUR   55.010
EFG International F   0.600   6/28/2022   EUR   61.870
EFG International F  13.000   6/14/2021   USD   57.230
UBS AG/London        10.500   6/15/2020   CHF   62.250
Raiffeisen Centroba   5.750   7/19/2021   EUR   56.750
Raiffeisen Schweiz    7.440   6/24/2020   CHF   43.390
EFG International F   5.350   1/24/2023   USD   58.410
Landesbank Hessen-T   3.750   10/06/2020  EUR   66.200
EFG International F   9.200   8/27/2020   USD   51.430
Vontobel Financial    6.000  12/28/2020   EUR   57.070
Credit Suisse AG/Lo  10.000  10/19/2020   EUR   51.230
EFG International F  12.800   02/08/2021  USD   71.990
Raiffeisen Centroba   6.250  12/13/2021   EUR   64.930
Gold-Zack AG          7.000  12/14/2005   EUR    9.030
Zurcher Kantonalban  12.000   9/18/2020   USD   51.820
BNP Paribas Emissio  11.000   6/25/2020   EUR   68.730
EFG International F   5.350  10/31/2022   USD   56.680
EFG International F   5.350  12/19/2022   USD   58.150
EFG International F   8.700  12/17/2020   USD   67.730
Barclays Bank PLC     2.730   9/27/2024   EUR   54.300
EFG International F   5.500  12/14/2020   CHF   56.720
Bank Julius Baer &   13.510   8/17/2020   USD   34.200
Credit Suisse AG/Lo   7.500  12/14/2020   CHF   66.810
EFG International F  20.300   10/08/2021  USD   72.080
Raiffeisen Switzerl   8.400   8/20/2020   USD   57.290
Societe Generale Ef   9.250   9/25/2020   EUR   68.920
EFG International F   0.600   09/06/2022  EUR   46.340
UBS AG/London        10.250   06/05/2020  USD   55.840
UBS AG/London        10.000   5/20/2021   USD   70.620
EFG International F  10.000   12/06/2021  USD   67.460
EFG International F   5.350   12/06/2022  USD   57.150
EFG International F   6.750  10/29/2020   EUR   70.130
EFG International F   5.350  10/24/2022   USD   50.620
WEB Windenergie AG    2.500   9/26/2021   EUR   55.010
EFG International F   5.350  12/19/2022   USD   57.350
WEB Windenergie AG    2.750  12/17/2020   EUR   55.010
EFG International F   5.350  11/29/2022   USD   55.680
Getin Noble Bank SA   4.440  12/21/2020   PLN   60.000
UBS AG/London        12.500  11/30/2020   CHF   58.350
Leonteq Securities   10.400   7/29/2020   EUR   59.880
DekaBank Deutsche G   0.010   6/29/2046   EUR   71.530
SALVATOR Vermoegens   9.500               EUR   13.500
EFG International F   5.350   12/02/2022  USD   56.500
EFG International F   0.600   8/29/2022   EUR   66.590
Otkritie Holding JS   8.030   10/03/2036  RUB    0.200
Metalloinvest Holdi   0.010   03/10/2022  RUB   61.000
Bayerische Landesba   2.700   5/14/2021   EUR   50.850
BNP Paribas Emissio   6.000   6/25/2020   EUR   66.050
Banque Cantonale Va  11.160   01/04/2021  CHF   65.680
Citigroup Global Ma   9.500   9/30/2020   EUR   62.640
Bayerische Landesba   2.700   7/22/2022   EUR   35.590
SG Issuer SA          7.013   11/02/2020  EUR   65.600
Bank Julius Baer &    8.150   08/06/2020  CHF   65.300
Landesbank Baden-Wu   2.560   7/24/2020   EUR   69.590
UBS AG/London        13.500   7/15/2021   CHF   73.650
DekaBank Deutsche G   8.050   1/15/2021   EUR   71.460
EFG International F   0.600   9/20/2022   EUR   45.360
DZ Bank AG Deutsche   1.600   6/24/2026   EUR   72.020
UBS AG/London        13.500   4/26/2021   USD   41.840
Landesbank Baden-Wu   3.250   7/28/2023   EUR   60.410
Tonon Luxembourg SA  12.500   5/14/2024   USD    0.445
Lehman Brothers Tre  11.000  12/20/2017   AUD    2.571
BNP Paribas SA        1.000   1/23/2040   MXN   29.990
Lehman Brothers Tre   4.600   10/11/2017  ILS    3.750
Lehman Brothers Tre   2.875   3/14/2013   CHF    3.750
SpareBank 1 SR-Bank   1.383  12/21/2030   EUR   70.199
SAir Group            6.250   04/12/2005  CHF    8.375
Bank Otkritie Finan  10.000   4/26/2019   USD    9.505
Lehman Brothers Tre   0.500  12/20/2017   AUD    2.571
Northland Resources  15.000   7/15/2019   USD    2.621
Lehman Brothers Tre   4.050   9/16/2008   EUR    2.571
Lehman Brothers Tre  13.432   01/08/2009  ILS    2.571
Credito Padano Banc   3.100               EUR   36.529
Credito Padano Banc   3.100               EUR   36.278
Grupo Isolux Corsan   1.000  12/30/2021   USD    0.303
Pescanova SA          6.750   03/05/2015  EUR    0.319
Kaupthing ehf         6.125   10/04/2016  USD    0.250
Ideal Standard Inte  11.750   05/01/2018  EUR    0.051
DekaBank Deutsche G   1.780   02/05/2021  EUR   68.760
Societe Generale SA   4.000   6/29/2028   USD
Raiffeisen Switzerl  10.500   07/11/2024  USD    5.970
Societe Generale SA   6.640   03/02/2021  USD   72.550
Landesbank Hessen-T   2.600   7/29/2020   EUR   58.900
Societe Generale SA  14.720   6/25/2021   USD   48.600
Credit Suisse AG/Lo  10.000   7/29/2020   USD
Societe Generale SA  17.000   03/02/2023  USD   33.050
Citigroup Global Ma   3.180   08/08/2022  USD   68.460
Landesbank Baden-Wu   3.000   3/26/2021   EUR   59.650
Societe Generale SA  19.000   9/17/2020   USD   24.200
UBS AG/London         1.750   1/23/2023   USD    6.105
Societe Generale SA   6.000  11/30/2032   USD   61.420
Raiffeisen Switzerl   7.000   07/08/2020  USD   32.940
EFG International F  16.400   7/15/2020   USD   11.170
Societe Generale Ef   5.500   6/26/2020   EUR   57.810
Societe Generale SA  11.732   07/12/2024  USD   73.500
Investec Bank PLC     6.700  12/20/2025   SEK   74.380
Landesbank Hessen-T   5.500   5/25/2023   EUR   25.120
Barclays Bank PLC     3.500   8/17/2020   USD   42.750
Societe Generale SA   7.750   02/01/2021  USD   69.750
Societe Generale SA  10.000   03/02/2023  USD   41.750
Raiffeisen Switzerl   6.400   11/11/2020  EUR   58.380
Raiffeisen Switzerl   6.200   11/11/2020  CHF   58.440
Raiffeisen Schweiz    8.200  10/22/2020   USD   36.170
Raiffeisen Schweiz    8.000   9/22/2020   CHF   43.640
Societe Generale SA   9.250   3/30/2022   USD   69.000
EFG International F   9.850   7/30/2020   CHF   60.480
Credit Suisse AG/Lo   6.000   8/24/2022   CHF   62.520
Raiffeisen Schweiz   12.840   2/15/2021   CHF   64.610
Landesbank Baden-Wu   4.350   7/14/2020   EUR   66.220
Credit Suisse AG/Lo  10.000   06/03/2021  USD   73.500
Credit Suisse AG/Lo  20.000  11/29/2024   USD    6.100
Credit Suisse AG/Lo  10.500   10/02/2020  USD   48.310
Societe Generale Ef   7.000   02/01/2021  EUR   53.160
Spoldzielczy Bank R   5.290   7/16/2025   PLN   60.000
Societe Generale SA   7.000   10/02/2029  USD   74.437
Credit Suisse AG/Lo  11.250   12/03/2020  USD   71.683
BNP Paribas Issuanc   4.992   10/05/2020  EUR   61.700
Societe Generale SA  10.000  12/30/2022   USD
Societe Generale SA  10.000  12/30/2022   USD
EFG International F  10.260  12/19/2024   CHF   42.490
SG Issuer SA          5.500   04/10/2021  EUR   56.640
Credit Suisse AG/Lo  10.750  11/29/2021   USD   38.426
Credit Suisse AG/Lo  10.000  12/31/2020   USD   68.000
Landesbank Hessen-T   3.500   5/24/2023   EUR   61.590
Landesbank Baden-Wu  10.670   6/26/2020   EUR   57.330
Barclays Bank PLC     2.000   5/28/2021   USD   10.030
Raiffeisen Schweiz    8.400  11/24/2020   CHF   41.560
Societe Generale SA  11.000   9/23/2021   USD   73.150
Credit Suisse AG/Lo   8.750   09/02/2020  GBP   60.380
Citigroup Global Ma   4.875   8/22/2022   USD   30.620
Societe Generale SA   9.440   05/06/2022  USD
WEB Windenergie AG    6.500               EUR   55.010
SG Issuer SA          6.650   10/10/2021  EUR   37.770
EFG International F   5.600   07/11/2024  EUR    6.510
Lehman Brothers Tre   6.300  12/21/2018   USD    2.571
SAir Group            2.125   11/04/2004  CHF    8.375
AKB Peresvet ZAO     13.000   10/07/2017  RUB   13.375
Windreich GmbH        6.250   03/01/2015  EUR    7.738
SAir Group            5.500   7/23/2003   CHF    8.375
Bank Otkritie Finan   0.010   9/24/2025   RUB   67.560
Lehman Brothers Tre  10.000  10/22/2008   USD    2.571
Kaupthing ehf         3.063   05/10/2045  ISK    0.250
Minicentrales Dos S   0.010   06/06/2047  EUR   65.750
Kaupthing ehf         4.390  10/14/2008   CZK    0.250
BNP Paribas SA        1.147               USD   66.755
Russian Railways JS  10.300   04/03/2026  RUB   90.000
Leonteq Securities    3.500   03/08/2023  CHF   57.080
Leonteq Securities    7.500   03/11/2021  CHF   64.090
BNP Paribas Issuanc   4.800   06/01/2020  EUR   53.950
Raiffeisen Centroba   6.000   7/21/2020   EUR   46.090
Landesbank Baden-Wu   5.810   3/26/2021   EUR   61.050
Citigroup Global Ma   8.050   1/24/2023   EUR   50.150
EFG International F  10.000   2/25/2021   USD   65.750
Bank Julius Baer &    8.750   7/20/2020   USD   45.950
DekaBank Deutsche G   4.800   03/09/2021  EUR   68.090
UBS AG/London         2.000   3/25/2021   EUR   65.080
UBS AG/London        12.000   6/19/2020   USD   31.170
Landesbank Hessen-T   3.000   09/09/2020  EUR   51.400
Luzerner Kantonalba   4.800   1/18/2021   CHF   50.080
Landesbank Baden-Wu   2.400  10/23/2020   EUR   56.180
Banque Cantonale Va   6.720   8/17/2020   CHF   58.120
Leonteq Securities    2.650   1/31/2022   CHF   65.790
Zurcher Kantonalban  14.750   02/04/2021  USD   68.340
Leonteq Securities    8.800  12/23/2021   CHF   68.510
Credit Suisse AG/Lo   7.250   4/27/2021   EUR   47.150
UBS AG/London        10.250   05/10/2021  USD   74.460
Sberbank of Russia    7.550   07/12/2021  RUB   72.600
Credit Suisse AG/Lo   9.000  11/20/2020   USD   64.390
Credit Suisse AG/Lo   6.250   3/26/2021   EUR   61.980
Leonteq Securities   10.000   12/09/2020  CHF   68.470
Bank Julius Baer &    7.000  12/18/2020   CHF   70.050
Raiffeisen Schweiz   10.000   12/10/2020  CHF   35.340
Raiffeisen Schweiz    6.500   10/04/2021  EUR   67.940
Vontobel Financial   10.000  11/22/2021   EUR   70.780
Zurcher Kantonalban  10.000  10/29/2020   EUR   49.810
Russian Railways JS   4.100   5/29/2035   RUB   90.000
Sberbank of Russia    7.550   07/12/2021  RUB   70.020
Bank Julius Baer &   10.100   12/01/2020  EUR   63.750
Landesbank Hessen-T   5.250   06/03/2024  EUR   46.740
Credit Suisse AG/Lo   9.000   9/13/2020   USD   71.000
EFG International F   8.200   8/20/2021   CHF   58.720
Raiffeisen Schweiz    6.600   11/02/2020  EUR   66.330
Vontobel Financial    9.100   2/21/2022   EUR   70.700
Lehman Brothers Tre   4.100   06/10/2014  SGD    3.750
Lehman Brothers Tre  11.000   07/04/2011  CHF    2.571
Kaupthing ehf         1.744               ISK    0.250
AKB Peresvet ZAO      0.510   08/04/2034  RUB   17.520
Kaupthing ehf         5.750   10/04/2011  USD    0.250
EFG International F   6.400   03/08/2021  EUR   43.590
Citigroup Global Ma  13.600   1/25/2023   SEK   70.170
Leonteq Securities    5.200   09/02/2020  EUR   43.960
Landesbank Baden-Wu   2.600   4/28/2023   EUR   59.330
Landesbank Hessen-T   5.050   6/29/2023   EUR   70.660
Raiffeisen Schweiz    5.750   09/02/2020  CHF   44.210
Landesbank Baden-Wu   2.700  10/23/2020   EUR   72.870
Landesbank Baden-Wu   3.300  10/23/2020   EUR   62.610
DekaBank Deutsche G   3.500   3/14/2022   EUR   56.540
DekaBank Deutsche G   3.150   03/05/2021  EUR   36.550
UBS AG/London         7.000   8/28/2020   CHF   66.550
UBS AG/London         7.000   8/28/2020   CHF   72.450
UBS AG/London         7.500   8/28/2020   EUR   66.650
Bayerische Landesba   2.000   12/11/2020  EUR   58.120
Bayerische Landesba   3.400   7/16/2021   EUR   58.600
Leonteq Securities    7.000   03/09/2022  CHF   71.910
Raiffeisen Schweiz    5.750   09/09/2020  CHF   46.830
DekaBank Deutsche G   2.750   3/26/2021   EUR   65.810
DekaBank Deutsche G   2.500   3/26/2021   EUR   60.270
DekaBank Deutsche G   2.900   3/26/2021   EUR   68.130
Landesbank Baden-Wu   2.300   3/25/2022   EUR   68.890
Landesbank Baden-Wu   3.000   3/25/2022   EUR   63.050
EFG International F   7.000   03/01/2021  CHF   57.570
Leonteq Securities    3.750   2/20/2023   CHF   41.510
Landesbank Hessen-T   4.000   9/22/2020   EUR   69.800
Landesbank Hessen-T   3.500   9/22/2020   EUR   48.900
DekaBank Deutsche G   5.000   9/14/2020   EUR   49.160
DekaBank Deutsche G   7.000   9/14/2020   EUR   37.050
Landesbank Hessen-T   4.000   3/23/2022   EUR   59.420
Landesbank Hessen-T   4.000   3/23/2022   EUR   46.950
UBS AG/London         5.500   8/21/2020   CHF   64.850
EFG International F   7.400   03/08/2021  CHF   53.510
Leonteq Securities    5.000   09/02/2020  CHF   43.610
DekaBank Deutsche G   3.000   7/24/2020   EUR   64.090
Landesbank Baden-Wu   2.600   6/24/2022   EUR   65.800
DekaBank Deutsche G   2.300   03/05/2021  EUR   58.410
DekaBank Deutsche G   2.450   03/05/2021  EUR   52.400
Skandinaviska Enski   7.900   1/17/2023   SEK
Landesbank Hessen-T   8.900   3/16/2023   EUR   57.870
Landesbank Hessen-T   7.600   03/09/2023  EUR   48.000
Raiffeisen Schweiz    5.250   8/26/2020   CHF   63.870
UniCredit Bank AG     4.500   03/12/2022  EUR   43.430
DekaBank Deutsche G   4.000   9/21/2021   EUR   57.790
EFG International F   6.600   03/08/2021  CHF   61.210
UBS AG/London         8.500   8/21/2020   EUR   29.980
Leonteq Securities    2.300   02/08/2023  CHF   33.890
UniCredit Bank AG     5.100   03/05/2021  EUR   58.940
UniCredit Bank AG     4.650   03/05/2021  EUR   36.490
Landesbank Baden-Wu   2.150  11/27/2020   EUR   70.360
Landesbank Baden-Wu   3.000   4/25/2022   EUR   61.540
Erste Group Bank AG   4.350   2/28/2022   EUR   48.250
UniCredit Bank AG     3.000   3/21/2023   EUR   67.500
DekaBank Deutsche G   2.150   8/28/2020   EUR   67.360
Landesbank Hessen-T   6.000   12/01/2022  EUR   27.960
Landesbank Hessen-T   5.200   09/08/2022  EUR   64.530
Landesbank Hessen-T   6.000   8/25/2023   EUR   39.860
UniCredit Bank AG     3.800   09/04/2021  EUR   64.140
Skandinaviska Enski   5.500   7/20/2022   SEK   64.160
Leonteq Securities   15.000   03/09/2021  CHF   15.020
Vontobel Financial    3.250   4/23/2021   EUR   68.260
Leonteq Securities    8.000  10/27/2020   CHF   45.060
Leonteq Securities    6.200   08/11/2020  CHF   56.990
UniCredit Bank AG     3.200   09/10/2022  EUR   71.420
Erste Group Bank AG   5.550   8/30/2022   EUR   69.100
UniCredit Bank AG     5.350   7/28/2020   EUR   27.220
Skandinaviska Enski   9.750   1/17/2023   SEK   38.280
Leonteq Securities   17.000   03/09/2021  USD   19.130
Landesbank Baden-Wu   2.600   9/24/2021   EUR   71.710
Landesbank Baden-Wu   2.650   9/24/2021   EUR   68.750
Getin Noble Bank SA   5.790   7/26/2024   PLN   74.000
DekaBank Deutsche G   2.450   8/28/2020   EUR   56.520
Getin Noble Bank SA   5.790   8/30/2024   PLN   70.000
Landesbank Baden-Wu   3.000   8/26/2022   EUR   66.810
Landesbank Hessen-T   4.000   03/08/2021  EUR   60.100
Landesbank Hessen-T   3.450   03/08/2021  EUR   70.400
Leonteq Securities    6.500   03/09/2021  CHF   68.730
Landesbank Hessen-T   3.500   09/08/2022  EUR   58.710
Societe Generale SA   4.000   4/17/2028   EUR   61.600
Vontobel Financial   15.000   6/25/2021   EUR   75.320
Vontobel Financial   13.000   6/25/2021   EUR   75.510
Vontobel Financial   14.000   6/25/2021   EUR   75.420
Vontobel Financial   18.500   6/25/2021   EUR   75.620
Vontobel Financial   19.500   6/25/2021   EUR   75.550
Vontobel Financial    4.100   03/12/2021  EUR   64.200
Landesbank Hessen-T   4.700   2/24/2023   EUR   68.650
Landesbank Hessen-T   6.450   2/24/2023   EUR   30.240
Zurcher Kantonalban   6.250   11/02/2020  CHF   53.830
EFG International F   7.200   11/09/2020  CHF   49.060
Leonteq Securities    6.400   11/03/2021  CHF   59.560
Leonteq Securities    7.200   11/03/2020  CHF   61.800
Commerzbank AG        2.850  10/26/2020   EUR   49.900
Landesbank Hessen-T   5.700  11/24/2022   EUR   65.790
Landesbank Hessen-T   3.750   06/04/2021  EUR   65.300
Landesbank Baden-Wu   2.200   7/24/2020   EUR   62.270
Landesbank Baden-Wu   2.450   7/24/2020   EUR   68.490
Leonteq Securities    8.000   06/08/2021  CHF   63.080
Leonteq Securities    5.200   06/11/2020  CHF   40.130
BNP Paribas Issuanc   7.000   06/01/2020  EUR   41.900
BNP Paribas Issuanc   5.600   06/01/2020  EUR   48.550
BNP Paribas Issuanc   6.600   06/01/2020  EUR   44.350
BNP Paribas Issuanc   6.800   06/01/2020  EUR   54.350
BNP Paribas Issuanc   5.800   06/01/2020  EUR   41.700
BNP Paribas Issuanc   5.800   06/01/2020  EUR   44.850
BNP Paribas Issuanc   6.400   06/01/2020  EUR   30.950
BNP Paribas Issuanc   6.200   06/01/2020  EUR   67.200
BNP Paribas Issuanc   5.000   06/01/2020  EUR   43.950
BNP Paribas Issuanc   4.800   06/01/2020  EUR   53.900
DekaBank Deutsche G   3.650   6/20/2022   EUR   62.290
DekaBank Deutsche G   3.000   6/26/2020   EUR   40.250
DekaBank Deutsche G   2.000   6/25/2021   EUR   39.630
Leonteq Securities    5.200   06/07/2022  CHF   63.960
UniCredit Bank AG     5.600   07/02/2021  EUR   64.650
UniCredit Bank AG     3.700   6/25/2022   EUR   71.140
Landesbank Baden-Wu   2.500   8/25/2023   EUR   56.970
Vontobel Financial    4.000   6/29/2020   EUR   58.170
Leonteq Securities    3.000  12/20/2021   CHF   67.710
Vontobel Financial    5.000   06/07/2021  EUR   70.590
Bayerische Landesba   2.500   07/10/2020  EUR   47.850
Bayerische Landesba   3.100   07/10/2020  EUR   54.610
Bayerische Landesba   2.600   07/09/2021  EUR   67.520
Raiffeisen Centroba   7.000   6/22/2020   EUR   54.160
Landesbank Hessen-T   2.000   6/13/2022   EUR   53.540
DekaBank Deutsche G   3.750   07/04/2022  EUR   70.850
Landesbank Hessen-T   7.600   07/06/2023  EUR   66.390
Leonteq Securities    2.500   06/05/2024  EUR   45.860
UBS AG/London         7.000   06/08/2020  CHF   56.400
UBS AG/London         5.750  11/23/2020   CHF   44.200
UBS AG/London        10.750   06/08/2020  CHF   39.450
Landesbank Hessen-T   6.000   07/06/2023  EUR   65.790
UBS AG/London         6.500   12/07/2020  EUR   45.200
UBS AG/London         7.250   06/08/2020  USD   49.600
EFG International F   5.800   6/21/2021   CHF   63.830
EFG International F   7.200   6/22/2020   EUR   45.870
EFG International F   6.400   6/22/2020   CHF   41.800
Leonteq Securities    6.800  12/15/2021   CHF   71.630
Leonteq Securities    5.000   6/15/2021   CHF   54.620
Leonteq Securities   10.280   06/11/2020  CHF   60.450
Leonteq Securities    7.000   6/15/2020   CHF   41.310
Credit Suisse AG/Na   7.000   6/18/2020   CHF   60.060
Raiffeisen Centroba   7.200   07/10/2020  EUR   52.910
Erste Group Bank AG   4.650   6/29/2022   EUR   52.150
Erste Group Bank AG   4.500   6/29/2023   EUR   71.100
Raiffeisen Schweiz    6.200  12/15/2020   CHF   69.840
Raiffeisen Schweiz    7.100   6/15/2020   CHF   40.250
Raiffeisen Schweiz    9.500  12/15/2020   CHF   44.120
Raiffeisen Schweiz    5.300  12/15/2020   EUR   64.060
Raiffeisen Schweiz    4.000  12/15/2021   CHF   56.460
Skandinaviska Enski  10.320   7/17/2023   SEK   33.910
Landesbank Hessen-T   5.150   6/14/2022   EUR   57.410
DekaBank Deutsche G   5.600   01/04/2021  EUR   47.440
DekaBank Deutsche G   4.300   01/04/2021  EUR   44.940
Landesbank Baden-Wu   2.150   7/23/2021   EUR   70.170
Landesbank Baden-Wu   3.500   7/23/2021   EUR   54.770
UBS AG/London         8.500   6/15/2020   USD   59.300
UBS AG/London        10.250   6/15/2020   CHF   22.320
UBS AG/London         8.000   6/15/2020   CHF   55.200
UBS AG/London         7.000  12/14/2020   CHF   25.600
UBS AG/London        10.500   6/15/2020   EUR   48.850
UBS AG/London         8.750   6/15/2020   EUR   35.250
UBS AG/London         6.500  12/14/2020   EUR   61.400
UBS AG/London         6.500  12/14/2020   EUR   57.600
Landesbank Hessen-T   3.500   7/19/2021   EUR   61.500
Bayerische Landesba   3.000   7/17/2020   EUR   53.710
EFG International F   5.400  12/27/2021   CHF   71.060
Credit Suisse AG/Na   7.000   6/22/2021   CHF   45.100
DekaBank Deutsche G   3.350   07/10/2020  EUR   41.140
DekaBank Deutsche G   2.450   07/10/2020  EUR   53.730
DekaBank Deutsche G   2.350   07/09/2021  EUR   66.320
DekaBank Deutsche G   2.000   07/09/2021  EUR   70.020
Vontobel Financial    4.200   07/06/2021  EUR   55.740
Corner Banca SA       7.400   6/22/2020   CHF   68.450
SecurAsset SA         5.250   6/30/2022   EUR   26.730
Leonteq Securities    5.200  12/22/2020   CHF   42.040
Raiffeisen Schweiz    6.100   6/22/2020   CHF   57.990
Raiffeisen Schweiz    5.000  12/22/2020   CHF   64.220
Raiffeisen Schweiz    4.000  12/22/2021   CHF   56.390
Zurcher Kantonalban   3.400   6/15/2020   CHF   63.380
SG Issuer SA          4.000   6/22/2026   EUR   32.810
Leonteq Securities    2.000   09/07/2023  CHF   66.590
Landesbank Baden-Wu   2.700   9/23/2022   EUR   72.610
Landesbank Baden-Wu   3.000   9/23/2022   EUR   56.660
Landesbank Baden-Wu   2.650   9/23/2022   EUR   60.180
Landesbank Hessen-T   4.000   7/20/2022   EUR   69.020
Landesbank Hessen-T   4.000   7/20/2022   EUR   65.360
Landesbank Hessen-T   3.500   08/03/2022  EUR   48.350
Landesbank Hessen-T   4.000   08/03/2022  EUR   56.540
Landesbank Hessen-T   5.750   08/03/2023  EUR   43.370
Landesbank Hessen-T   3.000   06/08/2020  EUR   70.900
Bayerische Landesba   2.000   08/07/2020  EUR   70.120
Natixis SA            2.500   07/12/2021  EUR   56.695
DekaBank Deutsche G   3.000   7/31/2020   EUR   56.260
DekaBank Deutsche G   3.100   7/31/2020   EUR   41.950
Landesbank Baden-Wu   3.000   7/24/2020   EUR   57.950
Landesbank Baden-Wu   2.000   7/24/2020   EUR   41.200
Landesbank Baden-Wu   3.500   7/24/2020   EUR   36.670
Landesbank Baden-Wu   2.000   7/24/2020   EUR   62.600
Landesbank Baden-Wu   3.000   7/24/2020   EUR   57.630
Landesbank Baden-Wu   4.000   7/24/2020   EUR   53.840
Landesbank Baden-Wu   5.000   7/24/2020   EUR   50.910
Landesbank Baden-Wu   3.500   7/24/2020   EUR   51.390
Landesbank Baden-Wu   3.000   7/24/2020   EUR   38.300
Landesbank Baden-Wu   3.500   7/24/2020   EUR   67.400
Landesbank Baden-Wu   5.000   7/24/2020   EUR   59.470
Landesbank Baden-Wu   6.500   7/24/2020   EUR   54.260
Landesbank Baden-Wu   2.000   7/24/2020   EUR   61.760
Landesbank Baden-Wu   3.000   7/24/2020   EUR   57.470
Landesbank Baden-Wu   3.500   7/24/2020   EUR   66.910
Landesbank Baden-Wu   4.500   7/24/2020   EUR   63.450
Landesbank Baden-Wu   3.500   7/24/2020   EUR   42.610
Landesbank Baden-Wu   5.500   7/24/2020   EUR   37.030
Landesbank Baden-Wu   3.000   7/24/2020   EUR   73.990
Landesbank Baden-Wu   4.000   7/24/2020   EUR   69.030
Landesbank Baden-Wu   5.000   7/24/2020   EUR   65.250
Landesbank Baden-Wu   6.000   7/24/2020   EUR   62.440
Landesbank Baden-Wu   2.000   7/24/2020   EUR   60.500
Landesbank Baden-Wu   3.500   7/24/2020   EUR   53.150
Landesbank Baden-Wu   5.000   7/24/2020   EUR   48.200
Landesbank Baden-Wu   2.500   7/24/2020   EUR   65.790
Landesbank Baden-Wu   4.000   7/24/2020   EUR   60.710
Landesbank Baden-Wu   2.500   7/24/2020   EUR   48.710
Landesbank Baden-Wu   5.000   7/24/2020   EUR   41.620
Landesbank Baden-Wu   2.500   7/24/2020   EUR   66.080
Landesbank Baden-Wu   4.000   7/24/2020   EUR   60.480
Landesbank Baden-Wu   2.000   7/24/2020   EUR   37.090
Landesbank Baden-Wu   3.500   7/24/2020   EUR   33.320
Landesbank Baden-Wu   4.000   7/24/2020   EUR   72.220
Landesbank Baden-Wu   2.500   7/24/2020   EUR   71.900
Landesbank Baden-Wu   4.000   7/24/2020   EUR   62.340
Landesbank Baden-Wu   5.500   7/24/2020   EUR   60.210
Landesbank Baden-Wu   3.500   7/24/2020   EUR   70.470
Landesbank Baden-Wu   3.500   7/24/2020   EUR   55.330
Landesbank Baden-Wu   5.000   7/24/2020   EUR   50.820
Landesbank Baden-Wu   2.000   7/24/2020   EUR   34.910
Landesbank Baden-Wu   3.500   7/24/2020   EUR   31.180
Landesbank Baden-Wu   3.000   7/24/2020   EUR   71.430
Landesbank Baden-Wu   4.000   7/24/2020   EUR   67.340
Landesbank Baden-Wu   2.500   7/24/2020   EUR   65.990
Landesbank Baden-Wu   4.000   7/24/2020   EUR   59.250
Landesbank Baden-Wu   2.500   7/24/2020   EUR   42.060
Landesbank Baden-Wu   3.500   7/24/2020   EUR   39.220
Landesbank Baden-Wu   2.050   7/23/2021   EUR   68.080
Landesbank Baden-Wu   3.100   7/23/2021   EUR   71.410
Landesbank Baden-Wu   3.500   7/23/2021   EUR   53.980
Erste Group Bank AG   6.250   7/27/2023   EUR   60.350
Leonteq Securities    4.130   07/06/2020  CHF   62.690
Landesbank Hessen-T   7.500   11/03/2023  EUR   49.950
UBS AG/London         6.000   6/29/2020   CHF   58.550
UBS AG/London        11.000   6/29/2020   CHF   26.380
UBS AG/London         7.000   6/29/2020   CHF   57.450
UBS AG/London         7.000   6/29/2020   CHF   60.700
UBS AG/London         5.750   6/29/2020   CHF   63.300
UBS AG/London         6.500   6/29/2020   EUR   51.150
UBS AG/London         6.500   6/29/2020   CHF   41.150
UniCredit Bank AG     3.000   08/03/2023  EUR   66.870
DekaBank Deutsche G   7.000   02/01/2021  EUR   54.480
Erste Group Bank AG   4.650   7/27/2022   EUR   50.150
Credit Suisse AG/Na   7.000   1/13/2021   CHF   46.210
Leonteq Securities    7.600   7/13/2021   CHF   48.660
Leonteq Securities    8.400   7/13/2020   EUR   47.570
Leonteq Securities    6.200   1/13/2021   CHF   46.840
Leonteq Securities    7.600   7/13/2020   CHF   37.660
Raiffeisen Schweiz    7.000   7/13/2020   EUR   59.460
Raiffeisen Schweiz    6.000   7/13/2020   CHF   59.580
Bayerische Landesba   3.150   7/31/2020   EUR   57.480
Leonteq Securities    6.800   7/21/2020   CHF   38.310
Landesbank Baden-Wu   3.000   9/24/2021   EUR   69.910
Landesbank Hessen-T   4.000   8/18/2021   EUR   39.050
UniCredit Bank AG     4.300   8/29/2020   EUR   61.100
EFG International F   6.600   08/03/2020  EUR   59.940
UniCredit Bank AG     3.600   8/23/2021   EUR   28.110
DekaBank Deutsche G   3.000  12/28/2020   EUR   58.220
Leonteq Securities    7.000   7/28/2020   CHF   52.890
Leonteq Securities    6.200   7/28/2020   CHF   38.870
Leonteq Securities    5.200   7/28/2020   CHF   56.980
Landesbank Hessen-T   5.000  11/25/2022   EUR   71.020
Societe Generale SA   8.600   7/29/2022   USD   25.700
Societe Generale Ef  16.000   9/25/2020   EUR   68.090
Societe Generale Ef  19.250   9/25/2020   EUR   62.840
Corner Banca SA      14.400   09/02/2021  USD   64.190
UniCredit Bank AG     7.850   03/03/2021  EUR   63.090
Leonteq Securities    4.810   03/03/2022  CHF   65.540
Leonteq Securities    3.910   03/03/2023  CHF   61.750
Corner Banca SA       9.000   09/02/2021  CHF   69.330
Zurcher Kantonalban   7.550   09/03/2021  USD   66.510
Credit Suisse AG/Lo   9.000   06/02/2021  CHF   72.750
Credit Suisse AG/Lo   6.650   09/02/2022  CHF   65.460
EFG International F   4.700   03/03/2023  USD   66.560
Raiffeisen Schweiz    6.160   09/02/2021  EUR   68.630
Zurcher Kantonalban   5.000   06/10/2021  CHF   66.540
Zurcher Kantonalban  12.000   03/10/2022  CHF   54.060
Vontobel Financial    8.350   09/01/2020  EUR   70.520
Raiffeisen Schweiz    6.500   09/02/2021  CHF   67.610
Raiffeisen Schweiz    6.000   09/02/2022  CHF   61.800
Bank Julius Baer &    9.000   03/04/2021  USD   67.700
Bank Julius Baer &   12.800   03/04/2021  CHF   50.650
Landesbank Baden-Wu   2.300   2/25/2022   EUR   69.510
Landesbank Baden-Wu   3.800   2/25/2022   EUR   65.920
Landesbank Baden-Wu   2.000   2/25/2022   EUR   71.120
Landesbank Baden-Wu   3.300   2/25/2022   EUR   66.520
Landesbank Baden-Wu   4.500   2/25/2022   EUR   63.240
Landesbank Baden-Wu   5.900   2/25/2022   EUR   61.650
Landesbank Baden-Wu   4.500   2/25/2022   EUR   71.450
Landesbank Baden-Wu   4.200   2/25/2022   EUR   68.930
Landesbank Baden-Wu   6.200   2/25/2022   EUR   66.240
Landesbank Baden-Wu   6.400   2/25/2022   EUR   68.700
Landesbank Baden-Wu   2.700   2/25/2022   EUR   70.860
Landesbank Baden-Wu   4.500   2/25/2022   EUR   68.710
Landesbank Baden-Wu   6.500   2/25/2022   EUR   67.800
Landesbank Baden-Wu   5.500   2/25/2022   EUR   72.760
Landesbank Baden-Wu   2.800   2/25/2022   EUR   72.500
Landesbank Baden-Wu   3.900   2/25/2022   EUR   70.950
Landesbank Baden-Wu   5.000   2/25/2022   EUR   69.460
Landesbank Baden-Wu   1.800   2/25/2022   EUR   66.750
Landesbank Baden-Wu   3.000   2/25/2022   EUR   64.240
Landesbank Baden-Wu   3.800   2/25/2022   EUR   62.470
Landesbank Baden-Wu   1.700   2/25/2022   EUR   57.840
Landesbank Baden-Wu   2.300   2/25/2022   EUR   56.610
Landesbank Baden-Wu   3.000   2/25/2022   EUR   55.690
Landesbank Baden-Wu   3.800   2/25/2022   EUR   55.080
Landesbank Baden-Wu   4.500   2/25/2022   EUR   54.420
Landesbank Baden-Wu   5.300   2/25/2022   EUR   54.060
Landesbank Baden-Wu   2.000   2/25/2022   EUR   69.720
Landesbank Baden-Wu   3.000   2/25/2022   EUR   68.600
Landesbank Baden-Wu   4.200   2/25/2022   EUR   71.500
Landesbank Baden-Wu   5.700   2/25/2022   EUR   69.380
Landesbank Baden-Wu   1.200   2/25/2022   EUR   72.460
Landesbank Baden-Wu   2.600   2/25/2022   EUR   70.070
Landesbank Baden-Wu   3.700   2/25/2022   EUR   68.760
Landesbank Baden-Wu   4.000   2/25/2022   EUR   72.200
Landesbank Baden-Wu   5.800   2/25/2022   EUR   70.310
Landesbank Baden-Wu   2.200   2/25/2022   EUR   58.340
Landesbank Baden-Wu   3.500   2/25/2022   EUR   55.830
Landesbank Baden-Wu   5.100   2/25/2022   EUR   54.470
Landesbank Baden-Wu   5.000   2/25/2022   EUR   72.870
Landesbank Baden-Wu   6.100   2/25/2022   EUR   72.290
Landesbank Baden-Wu   2.000   2/25/2022   EUR   69.030
Landesbank Baden-Wu   3.500   2/25/2022   EUR   65.300
Landesbank Baden-Wu   1.900   2/25/2022   EUR   72.120
Landesbank Baden-Wu   3.100   2/25/2022   EUR   70.080
Landesbank Baden-Wu   4.000   2/25/2022   EUR   70.350
Landesbank Baden-Wu   5.500   2/25/2022   EUR   69.420
Landesbank Baden-Wu   6.600   2/25/2022   EUR   68.980
Landesbank Baden-Wu   7.800   2/25/2022   EUR   68.750
Landesbank Baden-Wu   8.500   2/25/2022   EUR   68.840
Landesbank Baden-Wu  10.000   2/25/2022   EUR   69.230
Landesbank Baden-Wu   3.400   2/25/2022   EUR   74.720
Landesbank Baden-Wu   3.100   2/25/2022   EUR   73.660
Landesbank Baden-Wu   4.500   2/25/2022   EUR   70.510
Landesbank Baden-Wu   5.700   2/25/2022   EUR   68.300
Landesbank Baden-Wu   2.000   3/25/2022   EUR   70.890
Landesbank Baden-Wu   2.800   3/25/2022   EUR   69.740
Landesbank Baden-Wu   4.300   3/25/2022   EUR   68.690
Credit Suisse AG/Lo   6.750   03/03/2022  CHF   71.810
Zurcher Kantonalban   6.800   09/01/2021  EUR   70.300
Vontobel Financial   19.000   3/26/2021   EUR   73.320
Vontobel Financial   20.500   3/26/2021   EUR   73.330
Vontobel Financial   22.000   3/26/2021   EUR   73.360
Vontobel Financial   13.500  12/28/2020   EUR   74.700
Vontobel Financial   15.000  12/28/2020   EUR   74.230
Vontobel Financial   17.000  12/28/2020   EUR   74.030
Vontobel Financial   19.000  12/28/2020   EUR   73.820
Vontobel Financial   21.000  12/28/2020   EUR   73.600
Vontobel Financial   23.000  12/28/2020   EUR   73.370
Vontobel Financial   25.000  12/28/2020   EUR   73.120
Vontobel Financial   10.500   3/26/2021   EUR   67.260
Vontobel Financial    4.000  12/28/2020   EUR   72.780
Vontobel Financial    4.500  12/28/2020   EUR   71.680
Vontobel Financial    7.000  12/28/2020   EUR   69.100
Vontobel Financial    8.000  12/28/2020   EUR   68.430
Vontobel Financial    9.500  12/28/2020   EUR   68.020
Vontobel Financial   10.500  12/28/2020   EUR   67.360
Vontobel Financial   11.500  12/28/2020   EUR   66.780
Vontobel Financial   10.500   3/26/2021   EUR   73.750
Vontobel Financial   12.000   3/26/2021   EUR   73.760
Vontobel Financial   13.000   3/26/2021   EUR   73.350
Vontobel Financial   14.500   3/26/2021   EUR   73.350
Vontobel Financial   16.000   3/26/2021   EUR   73.330
Vontobel Financial    3.500   3/26/2021   EUR   72.370
Vontobel Financial    4.000   3/26/2021   EUR   71.490
Vontobel Financial    4.500   3/26/2021   EUR   70.610
Vontobel Financial    5.500   3/26/2021   EUR   70.200
Vontobel Financial   17.500   3/26/2021   EUR   73.320
DZ Bank AG Deutsche   3.300   3/24/2021   EUR   72.210
DZ Bank AG Deutsche   2.500   3/24/2021   EUR   70.200
DZ Bank AG Deutsche   8.250   9/23/2020   EUR   61.900
Societe Generale Ef  21.500   7/24/2020   EUR   69.050
Societe Generale Ef  17.500   2/26/2021   EUR   73.180
Leonteq Securities    4.000   03/03/2022  EUR   16.360
UBS AG/London        10.500   03/04/2021  CHF   68.300
UBS AG/London        12.500   09/06/2021  CHF   69.850
Landesbank Baden-Wu   9.310   3/26/2021   EUR   72.720
UBS AG/London         7.500   09/06/2021  CHF   72.200
UBS AG/London         8.500   09/06/2021  CHF   49.700
Landesbank Hessen-T   4.600   7/23/2024   EUR   64.060
DekaBank Deutsche G   3.000   7/17/2020   EUR   45.040
Raiffeisen Centroba   5.250   7/21/2020   EUR   60.920
Raiffeisen Centroba   5.300   7/21/2020   EUR   46.670
DekaBank Deutsche G   3.250   1/18/2021   EUR   56.820
Leonteq Securities    6.100  12/15/2020   EUR   58.040
Vontobel Financial    8.300   6/19/2020   CHF   61.800
UniCredit Bank AG     3.800   7/27/2021   EUR   59.850
UBS AG/London         6.000   6/22/2020   EUR   49.050
Vontobel Financial    5.850   6/22/2020   EUR   59.300
Raiffeisen Schweiz    6.000   6/29/2020   CHF   62.470
Raiffeisen Schweiz    5.700  12/29/2020   EUR   56.420
Raiffeisen Schweiz    4.100  12/29/2021   CHF   56.310
Societe Generale Ef   9.500   9/25/2020   EUR   69.830
Societe Generale Ef  11.250   1/22/2021   EUR   58.570
Societe Generale Ef  15.500   9/25/2020   EUR   68.780
Societe Generale Ef  16.250  11/27/2020   EUR   70.320
Societe Generale Ef  13.750   1/22/2021   EUR   71.390
Societe Generale Ef   6.750  11/27/2020   EUR   62.180
Societe Generale Ef   8.750  11/27/2020   EUR   60.070
Societe Generale Ef  10.750  11/27/2020   EUR   58.600
Societe Generale Ef  12.750  11/27/2020   EUR   57.520
Societe Generale Ef   4.000  12/28/2020   EUR   66.750
Societe Generale Ef  12.000  12/28/2020   EUR   58.140
Societe Generale Ef   5.250   1/22/2021   EUR   64.240
Societe Generale Ef  18.250   9/25/2020   EUR   67.370
Societe Generale Ef  16.750  10/23/2020   EUR   68.280
Societe Generale Ef  15.500  11/27/2020   EUR   69.060
Societe Generale Ef  15.000  12/28/2020   EUR   69.760
Societe Generale Ef  14.250   1/22/2021   EUR   70.180
UBS AG/London        10.500   11/03/2020  CHF   34.050
EFG International F   6.400  11/17/2020   CHF   54.530
DekaBank Deutsche G   5.950   12/04/2020  EUR   44.020
DekaBank Deutsche G   4.350   12/04/2020  EUR   54.930
Raiffeisen Schweiz    5.200   11/11/2020  CHF   42.750
Landesbank Baden-Wu   2.490   6/25/2021   EUR   70.290
Landesbank Baden-Wu   2.000   7/22/2022   EUR   64.000
Landesbank Baden-Wu   2.300   7/22/2022   EUR   71.950
UniCredit Bank AG     5.400   06/04/2021  EUR   57.220
Corner Banca SA       8.000   5/25/2021   CHF   44.730
UniCredit Bank AG     5.000   06/11/2021  EUR   52.390
UniCredit Bank AG     4.650   06/04/2022  EUR   55.380
Leonteq Securities    8.000   7/14/2020   CHF   53.690
Leonteq Securities    7.000   7/14/2020   CHF   38.820
UniCredit Bank AG     4.500   1/18/2022   EUR   49.950
UniCredit Bank AG     5.300   7/19/2021   EUR   54.910
Bayerische Landesba   2.600   7/16/2021   EUR   71.240
Landesbank Baden-Wu   3.000   2/26/2021   EUR   50.600
UBS AG/London         8.500   6/22/2020   EUR   23.560
UBS AG/London         5.750   6/22/2020   EUR   69.000
UniCredit Bank AG     3.500   01/05/2021  EUR   34.220
DekaBank Deutsche G   2.900   08/07/2020  EUR   55.060
DekaBank Deutsche G   4.550   7/31/2020   EUR   44.560
DekaBank Deutsche G   2.250   1/22/2021   EUR   45.650
UniCredit Bank AG     3.750   1/18/2022   EUR   56.450
Landesbank Baden-Wu   2.300   2/25/2022   EUR   58.780
Landesbank Baden-Wu   2.300   2/25/2022   EUR   72.450
Landesbank Baden-Wu   2.750   2/25/2022   EUR   71.770
Landesbank Baden-Wu   2.400   2/25/2022   EUR   57.820
Landesbank Baden-Wu   3.000   2/25/2022   EUR   62.930
Landesbank Baden-Wu   2.650   9/25/2020   EUR   56.830
Erste Group Bank AG   5.800   1/31/2023   EUR   50.300
Leonteq Securities    7.000   01/08/2021  CHF   52.990
DekaBank Deutsche G   3.000   06/12/2020  EUR   64.720
Landesbank Baden-Wu   2.200   9/25/2020   EUR   64.880
DekaBank Deutsche G   2.000   1/22/2021   EUR   52.320
DekaBank Deutsche G   2.000   1/22/2021   EUR   39.440
EFG International F   7.600   01/11/2021  CHF   52.040
EFG International F   7.400   01/11/2021  CHF   55.620
EFG International F   6.200   01/11/2021  EUR   63.200
EFG International F   7.400   01/11/2021  USD   43.590
EFG International F   7.400   1/25/2021   CHF   51.760
EFG International F   6.400   1/25/2021   CHF   62.560
EFG International F   7.200   1/25/2021   EUR   42.050
Leonteq Securities    7.000   1/19/2021   CHF   60.640
Leonteq Securities    6.400   1/19/2021   CHF   47.240
Leonteq Securities    8.000   7/22/2020   CHF   46.110
UniCredit Bank AG     4.200   02/12/2021  EUR   37.240
UniCredit Bank AG     4.400   02/12/2021  EUR   57.800
UniCredit Bank AG     5.000   02/12/2021  EUR   72.880
UniCredit Bank AG     5.900   02/12/2021  EUR   28.110
UniCredit Bank AG     4.550   02/12/2021  EUR   36.570
UniCredit Bank AG     3.500   08/12/2021  EUR   59.580
UBS AG/London         4.000   07/06/2021  EUR   54.690
Bayerische Landesba   2.200   8/20/2021   EUR   60.450
Bayerische Landesba   2.600   8/20/2021   EUR   69.270
Landesbank Baden-Wu   3.100   3/26/2021   EUR   50.700
Landesbank Baden-Wu   3.000   3/26/2021   EUR   64.650
Landesbank Baden-Wu   3.550   3/26/2021   EUR   63.360
Landesbank Baden-Wu   3.000   3/26/2021   EUR   47.480
Landesbank Baden-Wu   2.650   1/27/2023   EUR   53.200
Landesbank Baden-Wu   2.350  10/23/2020   EUR   64.380
Landesbank Baden-Wu   3.000  10/23/2020   EUR   72.780
Landesbank Baden-Wu   2.750  10/23/2020   EUR   57.300
Landesbank Baden-Wu   3.750  12/29/2020   EUR   53.820
Landesbank Baden-Wu   5.750  12/29/2020   EUR   73.390
Raiffeisen Centroba   9.965   9/23/2020   EUR   68.370
Raiffeisen Centroba  10.588   9/23/2020   EUR   53.050
UniCredit Bank AG     4.100   3/15/2023   EUR   73.370
Raiffeisen Centroba   9.031   9/23/2020   EUR   64.490
BNP Paribas Emissio  17.000   9/24/2020   EUR   75.300
BNP Paribas Emissio  11.000   9/24/2020   EUR   42.800
BNP Paribas Emissio  16.000   6/25/2020   EUR   62.030
BNP Paribas Emissio   6.500   9/24/2020   EUR   44.330
BNP Paribas Emissio  12.000   6/25/2020   EUR   56.760
Raiffeisen Schweiz    5.750   2/25/2021   CHF   61.830
Raiffeisen Centroba  13.171   9/23/2020   EUR   68.210
Deutsche Bank AG      6.200   6/23/2020   EUR   68.000
Deutsche Bank AG      6.200  12/22/2020   EUR   68.800
Deutsche Bank AG      6.200  12/22/2020   EUR   57.400
Deutsche Bank AG      6.200  12/22/2020   EUR   47.900
Deutsche Bank AG      6.200   9/22/2020   EUR   48.700
Deutsche Bank AG      6.200  12/22/2020   EUR   50.100
Deutsche Bank AG      6.200   9/22/2020   EUR   64.900
Deutsche Bank AG      6.200  12/22/2020   EUR   60.900
Deutsche Bank AG      6.200  12/22/2020   EUR   61.520
Deutsche Bank AG      6.200  12/22/2020   EUR   56.770
Deutsche Bank AG      6.200   6/23/2020   EUR   47.810
Deutsche Bank AG      6.200  12/22/2020   EUR   53.950
Deutsche Bank AG      6.200  12/22/2020   EUR   51.280
Deutsche Bank AG      6.200  12/22/2020   EUR   48.850
Deutsche Bank AG      6.200  12/22/2020   EUR   73.800
Deutsche Bank AG      6.200  12/22/2020   EUR   72.600
DZ Bank AG Deutsche  11.000   6/24/2020   EUR   60.700
DZ Bank AG Deutsche   9.250   6/24/2020   EUR   46.510
DZ Bank AG Deutsche   9.000   6/24/2020   EUR   65.910
UBS AG/London         5.000   8/27/2020   CHF   50.300
Leonteq Securities    3.600   03/01/2021  EUR   42.105
Raiffeisen Centroba   5.070   9/23/2020   EUR   59.510
Raiffeisen Centroba  11.092   9/23/2020   EUR   66.730
Deutsche Bank AG      4.200  12/22/2020   EUR   54.260
UniCredit Bank AG     3.000   8/13/2021   EUR   70.250
EFG International F   5.000   6/29/2020   CHF   52.530
Raiffeisen Schweiz    6.200   03/01/2021  CHF   69.010
Raiffeisen Schweiz    5.000   09/01/2020  CHF   67.360
Leonteq Securities    6.600   6/30/2020   CHF   40.370
Leonteq Securities    5.400   6/30/2020   CHF   51.940
DekaBank Deutsche G   3.050   7/26/2022   EUR   63.120
Landesbank Baden-Wu   3.050   7/24/2020   EUR   56.880
Landesbank Baden-Wu   3.000   7/24/2020   EUR   60.330
Bayerische Landesba   2.500   08/07/2020  EUR   62.760
Societe Generale SA  13.200   12/11/2020  USD   18.180
DekaBank Deutsche G   3.000   6/17/2020   EUR   57.850
Landesbank Hessen-T   3.250   02/10/2021  EUR   57.100
Landesbank Baden-Wu   2.400   9/25/2020   EUR   65.000
Landesbank Baden-Wu   2.800  12/23/2022   EUR   54.130
UniCredit Bank AG     4.400   7/29/2021   EUR   71.610
UniCredit Bank AG     4.500   08/06/2021  EUR   53.570
Leonteq Securities    8.800  12/28/2020   EUR   49.610
UniCredit Bank AG     6.000   1/18/2021   EUR   26.970
Leonteq Securities    7.400  12/29/2020   CHF   65.810
Nordea Bank Abp       4.000   1/20/2023   SEK   69.000
UniCredit Bank AG     4.100   2/13/2023   EUR   73.630
UniCredit Bank AG     3.500   2/13/2023   EUR   45.860
Landesbank Baden-Wu   3.000   2/26/2021   EUR   63.880
Landesbank Baden-Wu   3.550   2/26/2021   EUR   65.960
Landesbank Hessen-T   3.100   7/29/2020   EUR   60.200
Landesbank Hessen-T   4.000   02/09/2022  EUR   70.120
Landesbank Hessen-T   5.000   08/11/2021  EUR   67.910
DekaBank Deutsche G   2.100   01/05/2021  EUR   38.660
Raiffeisen Schweiz    7.410   7/13/2020   CHF   39.110
Landesbank Hessen-T   3.000   7/29/2020   EUR   55.000
UniCredit Bank AG     4.000   01/05/2021  EUR   66.800
DekaBank Deutsche G   2.400   08/07/2020  EUR   63.970
DekaBank Deutsche G   6.050   7/31/2020   EUR   32.740
Landesbank Hessen-T   4.600   05/02/2023  EUR   54.820
Landesbank Baden-Wu   2.600   9/25/2020   EUR   34.850
UBS AG/London         5.750   6/29/2020   CHF   51.100
UBS AG/London         6.250   6/29/2020   CHF   70.900
UBS AG/London         7.000   6/29/2020   CHF   43.700
Bayerische Landesba   2.700   8/20/2021   EUR   56.600
Leonteq Securities    7.200   01/04/2021  CHF   64.040
Leonteq Securities    6.400   01/12/2021  CHF   61.400
Leonteq Securities    8.000   01/12/2021  EUR   62.030
Leonteq Securities    9.000   01/12/2021  USD   24.040
UBS AG/London         9.750   07/06/2020  EUR   48.100
Leonteq Securities    7.600   01/12/2021  CHF   49.910
Leonteq Securities    7.400   01/12/2021  CHF   51.680
Landesbank Hessen-T   4.000   1/26/2022   EUR   65.180
UBS AG/London         5.750   07/06/2020  EUR   62.700
Danske Bank A/S       2.300   07/10/2023  SEK   72.460
Danske Bank A/S       4.750   1/20/2022   SEK   70.380
Landesbank Baden-Wu   2.800   7/22/2022   EUR   63.780
Landesbank Hessen-T   7.250   06/08/2023  EUR   63.610
Landesbank Hessen-T   5.500   06/08/2023  EUR   62.040
UniCredit Bank AG     4.970   3/27/2023   EUR   68.120
UniCredit Bank AG     5.450   3/15/2022   EUR   50.140
UniCredit Bank AG     3.900   3/15/2022   EUR   72.250
DekaBank Deutsche G   3.000   04/03/2024  EUR   70.270
Bayerische Landesba   2.500   04/01/2021  EUR   51.280
BNP Paribas Emissio   8.500   9/24/2020   EUR   50.780
BNP Paribas Emissio   6.500   6/25/2020   EUR   59.470
BNP Paribas Emissio  20.000   6/25/2020   EUR   55.520
BNP Paribas Emissio   8.000   9/24/2020   EUR   61.480
Deutsche Bank AG      6.200  12/22/2020   EUR   71.400
DZ Bank AG Deutsche   8.500   6/22/2020   EUR   68.660
DZ Bank AG Deutsche   4.700   6/22/2020   EUR   58.650
Raiffeisen Schweiz    8.000   8/25/2020   EUR   41.170
Leonteq Securities   17.400   2/22/2021   RUB   41.990
Raiffeisen Schweiz    7.000   2/25/2021   CHF   67.570
Raiffeisen Centroba   6.400   04/01/2021  EUR   56.570
Deutsche Bank AG      6.200  12/22/2020   EUR   65.700
Deutsche Bank AG      6.200   6/23/2020   EUR   60.410
Landesbank Hessen-T   4.000   7/21/2021   EUR   55.750
Luzerner Kantonalba   7.800   9/14/2020   CHF   66.910
Deutsche Bank AG      4.200   9/22/2020   EUR   73.900
Deutsche Bank AG      4.200   6/23/2020   EUR   63.420
Deutsche Bank AG      4.200   6/23/2020   EUR   57.420
Deutsche Bank AG      4.200   6/23/2020   EUR   52.450
Deutsche Bank AG      4.200  12/22/2020   EUR   71.900
Landesbank Hessen-T   4.600   07/08/2020  EUR   45.800
HSBC Trinkaus & Bur   4.300   9/25/2020   EUR   61.690
HSBC Trinkaus & Bur   2.300   9/25/2020   EUR   69.320
HSBC Trinkaus & Bur   5.200   7/24/2020   EUR   58.920
HSBC Trinkaus & Bur  11.400  12/28/2020   EUR   72.590
HSBC Trinkaus & Bur   9.800   6/26/2020   EUR   42.560
HSBC Trinkaus & Bur  11.300   9/25/2020   EUR   36.030
HSBC Trinkaus & Bur  10.200   9/25/2020   EUR   51.690
HSBC Trinkaus & Bur   4.300   9/25/2020   EUR   64.350
HSBC Trinkaus & Bur   7.900   7/24/2020   EUR   57.050
DekaBank Deutsche G   2.000   6/28/2021   EUR   65.410
Deutsche Bank AG      4.200   9/22/2020   EUR   50.300
Goldman Sachs & Co    8.000   6/24/2020   EUR   64.920
Goldman Sachs & Co   10.000   9/23/2020   EUR   66.440
Goldman Sachs & Co    8.000  12/23/2020   EUR   67.310
DekaBank Deutsche G   2.750   07/10/2020  EUR   54.190
Landesbank Hessen-T   6.000   08/04/2022  EUR   54.960
Raiffeisen Schweiz   11.200   09/09/2021  CHF   72.480
Zurcher Kantonalban   9.250   9/17/2021   CHF   64.080
Landesbank Hessen-T   4.000   06/08/2022  EUR   54.860
Landesbank Hessen-T   4.000   06/08/2022  EUR   40.660
Landesbank Hessen-T   4.000   06/08/2022  EUR   55.250
DZ Bank AG Deutsche  10.250   6/21/2021   EUR   72.130
DZ Bank AG Deutsche  12.500   3/22/2021   EUR   70.550
Leonteq Securities    8.400   05/11/2021  CHF   57.670
Landesbank Baden-Wu   4.850   6/26/2020   EUR   39.410
Landesbank Baden-Wu   5.000   6/26/2020   EUR   43.350
Landesbank Baden-Wu   5.250   6/26/2020   EUR   32.610
EFG International F   6.200   5/25/2021   CHF   64.230
EFG International F   6.400   5/24/2021   EUR   48.020
Bayerische Landesba   2.300  11/26/2021   EUR   70.480
Deutsche Bank AG      4.200   6/23/2020   EUR   70.850
Landesbank Hessen-T   4.000   7/21/2021   EUR   55.720
Landesbank Hessen-T   5.650  10/28/2022   EUR   34.040
Deutsche Bank AG      4.200   9/22/2020   EUR   53.110
Deutsche Bank AG      4.200  12/22/2020   EUR   63.010
Deutsche Bank AG      4.200  12/22/2020   EUR   72.600
Deutsche Bank AG      4.200  12/22/2020   EUR   70.300
HSBC Trinkaus & Bur   4.300   6/26/2020   EUR   60.970
HSBC Trinkaus & Bur   6.400   9/25/2020   EUR   56.670
HSBC Trinkaus & Bur   7.000   9/25/2020   EUR   69.320
HSBC Trinkaus & Bur   8.800   9/25/2020   EUR   37.760
HSBC Trinkaus & Bur   2.200  12/28/2020   EUR   51.480
HSBC Trinkaus & Bur   8.100   6/26/2020   EUR   66.860
HSBC Trinkaus & Bur   9.700   6/26/2020   EUR   69.390
HSBC Trinkaus & Bur   9.000   9/25/2020   EUR   42.950
HSBC Trinkaus & Bur   4.100  12/28/2020   EUR   51.640
HSBC Trinkaus & Bur   4.400   7/24/2020   EUR   44.030
HSBC Trinkaus & Bur  11.400   9/25/2020   EUR   57.260
HSBC Trinkaus & Bur   5.200   9/25/2020   EUR   55.890
HSBC Trinkaus & Bur   3.000   7/24/2020   EUR   59.750
HSBC Trinkaus & Bur   8.200   9/25/2020   EUR   64.540
Leonteq Securities    9.000   09/01/2020  CHF   68.950
Deutsche Bank AG      4.200   6/23/2020   EUR   51.400
Deutsche Bank AG      4.200   6/23/2020   EUR   49.400
Deutsche Bank AG      4.200   9/22/2020   EUR   48.100
DekaBank Deutsche G   3.100   7/17/2020   EUR   43.940
UBS AG/London         7.000   8/27/2020   CHF   67.300
UBS AG/London         7.000   03/01/2021  CHF   70.650
Raiffeisen Centroba   9.507   9/23/2020   EUR   66.430
Deutsche Bank AG      4.200  12/22/2020   EUR   46.580
UniCredit Bank AG     3.600   7/18/2021   EUR   26.440
Landesbank Baden-Wu   4.000   6/26/2020   EUR   51.570
Deutsche Bank AG      4.200   6/23/2020   EUR   63.600
Landesbank Hessen-T   3.500   7/21/2021   EUR   66.170
Vontobel Financial    4.300   9/25/2020   EUR   64.710
DekaBank Deutsche G   2.100   7/17/2020   EUR   59.610
Credit Suisse AG/Lo   6.000   8/27/2020   CHF   52.590
DekaBank Deutsche G   3.300   7/17/2020   EUR   63.740
DekaBank Deutsche G   2.600   7/19/2021   EUR   69.960
Deutsche Bank AG      4.200  12/22/2020   EUR   57.930
Deutsche Bank AG      4.200  12/22/2020   EUR   73.300
Deutsche Bank AG      4.200  12/22/2020   EUR   55.630
Deutsche Bank AG      4.200   9/22/2020   EUR   60.490
EFG International F   7.400   07/06/2020  CHF   56.240
Skandinaviska Enski   5.110   7/20/2022   SEK   63.440
Leonteq Securities   16.200   06/04/2020  EUR   40.020
Deutsche Bank AG      4.200   9/22/2020   EUR   52.300
Deutsche Bank AG      4.200   6/23/2020   EUR   69.200
Deutsche Bank AG      4.200  12/22/2020   EUR   66.550
Deutsche Bank AG      4.200  12/22/2020   EUR   48.900
Deutsche Bank AG      4.200   6/23/2020   EUR   68.900
Deutsche Bank AG      4.200  12/22/2020   EUR   70.300
Landesbank Baden-Wu   3.000   7/23/2021   EUR   66.280
Raiffeisen Schweiz    6.000   09/01/2020  CHF   37.360
Skandinaviska Enski   8.200   7/15/2022   SEK   42.910
Raiffeisen Schweiz    5.500   6/22/2020   CHF   49.440
Raiffeisen Schweiz    8.800   03/01/2021  EUR   37.660
DekaBank Deutsche G   5.000   7/31/2020   EUR   39.740
Bayerische Landesba   2.200   7/16/2021   EUR   59.490
Landesbank Baden-Wu   3.800   2/26/2021   EUR   30.160
Landesbank Baden-Wu   3.200   2/26/2021   EUR   47.860
Leonteq Securities    7.000   01/04/2021  CHF   51.590
DekaBank Deutsche G   3.550   01/05/2022  EUR   58.050
UniCredit Bank AG     3.500   01/05/2021  EUR   29.940
UniCredit Bank AG     3.500   01/05/2021  EUR   26.450
UniCredit Bank AG     3.500   01/05/2021  EUR   36.120
UniCredit Bank AG     3.650   7/26/2022   EUR   72.840
UniCredit Bank AG     5.000   7/23/2021   EUR   46.320
UniCredit Bank AG     3.900   7/26/2022   EUR   69.570
UniCredit Bank AG     3.650   7/23/2022   EUR   71.640
Bayerische Landesba   2.000   1/28/2022   EUR   65.950
Bayerische Landesba   2.450   7/31/2020   EUR   53.340
Zurcher Kantonalban   6.250   07/03/2020  CHF   69.800
Bank Julius Baer &    3.930   6/29/2020   EUR   58.850
UniCredit Bank AG     8.900  12/29/2020   EUR   43.510
UniCredit Bank AG     7.900  12/29/2020   EUR   61.800
UniCredit Bank AG     6.200  12/29/2020   EUR   67.700
UniCredit Bank AG     6.700  12/29/2020   EUR   66.160
UniCredit Bank AG     6.300  12/29/2020   EUR   65.020
UniCredit Bank AG     6.800  12/29/2020   EUR   34.870
UniCredit Bank AG     8.200  12/29/2020   EUR   73.710
UniCredit Bank AG     6.300  12/29/2020   EUR   70.870
UniCredit Bank AG     8.300  12/29/2020   EUR   44.040
UniCredit Bank AG    10.100  12/29/2020   EUR   30.960
UniCredit Bank AG     7.300  12/29/2020   EUR   73.580
UniCredit Bank AG     7.900  12/29/2020   EUR   40.080
UniCredit Bank AG     9.100  12/29/2020   EUR   38.540
UniCredit Bank AG     6.800  12/29/2020   EUR   30.290
UniCredit Bank AG     6.900  12/29/2020   EUR   51.760
UniCredit Bank AG     6.900  12/29/2020   EUR   55.180
UniCredit Bank AG    10.600  12/29/2020   EUR   37.220
UniCredit Bank AG    11.200  12/29/2020   EUR   36.560
UniCredit Bank AG     6.200  12/29/2020   EUR   57.170
UniCredit Bank AG     6.600  12/29/2020   EUR   60.920
UniCredit Bank AG     7.500  12/29/2020   EUR   50.600
UniCredit Bank AG     9.500  12/29/2020   EUR   71.110
UniCredit Bank AG    10.100  12/29/2020   EUR   42.070
UniCredit Bank AG     9.500  12/29/2020   EUR   49.350
UniCredit Bank AG     9.900  12/29/2020   EUR   68.720
UniCredit Bank AG    10.000  12/29/2020   EUR   50.530
UniCredit Bank AG     7.500  12/29/2020   EUR   70.590
UniCredit Bank AG     6.600  12/29/2020   EUR   71.890
UniCredit Bank AG     7.300  12/29/2020   EUR   61.280
UniCredit Bank AG     6.400  12/29/2020   EUR   56.380
UniCredit Bank AG     6.600  12/29/2020   EUR   52.770
UniCredit Bank AG     6.500  12/29/2020   EUR   40.390
UniCredit Bank AG     7.200  12/29/2020   EUR   18.270
UniCredit Bank AG     7.300  12/29/2020   EUR   39.190
UniCredit Bank AG     8.700  12/29/2020   EUR   40.400
UniCredit Bank AG     8.000  12/29/2020   EUR   41.460
UniCredit Bank AG     6.100  12/29/2020   EUR   69.760
UniCredit Bank AG     9.100  12/29/2020   EUR   34.110
UniCredit Bank AG     8.200  12/29/2020   EUR   62.860
UniCredit Bank AG     9.400  12/29/2020   EUR   69.480
UniCredit Bank AG     7.000  12/29/2020   EUR   40.460
UniCredit Bank AG     8.300  12/29/2020   EUR   38.870
UniCredit Bank AG    10.100  12/29/2020   EUR   68.020
UniCredit Bank AG     7.200  12/29/2020   EUR   57.940
UniCredit Bank AG     9.500  12/29/2020   EUR   59.200
UniCredit Bank AG     6.300  12/29/2020   EUR   72.340
UniCredit Bank AG     7.100  12/29/2020   EUR   69.950
UBS AG/London         6.250   6/29/2020   CHF   39.800
UBS AG/London         7.500   6/29/2020   EUR   40.600
UBS AG/London         6.000  12/28/2020   CHF   42.700
Vontobel Financial    4.200   7/20/2020   EUR   58.090
Zurcher Kantonalban   6.500   07/03/2020  CHF   21.630
Credit Suisse AG/Na   7.250   07/06/2020  CHF   64.920
Leonteq Securities    6.000   07/06/2020  CHF   62.880
UBS AG/London         6.000   07/12/2021  EUR   70.900
Leonteq Securities    6.000   07/06/2020  CHF   65.640
Vontobel Financial    5.250   6/29/2020   EUR   68.810
Raiffeisen Schweiz    5.000   01/06/2021  CHF   62.650
Raiffeisen Schweiz    5.200   01/06/2021  CHF   44.030
Raiffeisen Schweiz    5.000   07/06/2020  CHF   65.510
Raiffeisen Schweiz    4.000   01/06/2022  CHF   57.030
Landesbank Baden-Wu   2.500   8/25/2023   EUR   59.930
Raiffeisen Centroba   9.674  12/23/2020   EUR
Raiffeisen Centroba  12.438  12/23/2020   EUR
UBS AG/London         7.000   7/19/2021   CHF   53.050
UBS AG/London        11.750   1/18/2021   CHF   60.400
Bank Julius Baer &   10.300   7/20/2020   EUR   62.100
Raiffeisen Centroba   8.182  12/22/2021   EUR   66.210
Raiffeisen Centroba   8.292  12/23/2020   EUR   65.710
EFG International F  16.200   01/12/2021  CHF   44.870
Leonteq Securities   11.200  10/22/2020   USD   48.850
Bank Julius Baer &    8.000  10/19/2020   CHF   70.250
Raiffeisen Schweiz    7.080   7/22/2020   EUR   56.640
Leonteq Securities   20.000  10/19/2020   CHF   60.200
Leonteq Securities    6.000   7/19/2021   CHF   66.450
Leonteq Securities    8.000   7/19/2021   CHF   40.420
Leonteq Securities    7.200   1/19/2022   CHF   73.220
SG Issuer SA          4.000  10/22/2029   EUR   72.760
SG Issuer SA          4.000   7/20/2021   SEK   63.050
UniCredit Bank AG     5.000   7/24/2021   EUR   74.360
DekaBank Deutsche G   3.000   1/18/2021   EUR   51.340
DekaBank Deutsche G   2.650   1/18/2021   EUR   71.060
UBS AG/London         6.250   6/21/2021   CHF   44.650
UBS AG/London         5.000   6/22/2020   CHF   70.600
UBS AG/London         6.000   6/22/2020   EUR   55.800
UBS AG/London         7.000   6/22/2020   EUR   72.950
EFG International F   5.000   07/05/2021  CHF   69.190
Landesbank Hessen-T   5.650   7/20/2023   EUR   66.360
Raiffeisen Schweiz    5.900   6/29/2020   CHF   67.610
Raiffeisen Schweiz    5.000  12/29/2021   CHF   55.780
UniCredit Bank AG     6.700   7/27/2021   USD   60.750
Credit Suisse AG/Na   7.200   07/05/2021  CHF   48.090
UniCredit Bank AG     4.300   7/26/2022   EUR   56.370
UniCredit Bank AG     5.000   7/26/2021   EUR   58.610
UniCredit Bank AG     4.200   7/26/2022   EUR   31.750
UniCredit Bank AG     3.600   7/26/2021   EUR   69.290
UniCredit Bank AG     4.450   7/23/2022   EUR   59.730
UniCredit Bank AG     4.150   7/26/2022   EUR   52.840
DekaBank Deutsche G   2.000   7/30/2021   EUR   57.440
Bayerische Landesba   2.600   7/30/2021   EUR   67.600
DekaBank Deutsche G   3.000   7/23/2021   EUR   62.250
UniCredit Bank AG     8.000  12/29/2020   EUR   47.790
UniCredit Bank AG     7.300  12/29/2020   EUR   54.640
UniCredit Bank AG     8.000  12/29/2020   EUR   60.770
UniCredit Bank AG     7.400  12/29/2020   EUR   34.280
UniCredit Bank AG     7.000  12/29/2020   EUR   68.710
UniCredit Bank AG     6.700  12/29/2020   EUR   47.980
UniCredit Bank AG     9.100  12/29/2020   EUR   38.930
UniCredit Bank AG     8.300  12/29/2020   EUR   55.930
UniCredit Bank AG     6.800  12/29/2020   EUR   59.240
UniCredit Bank AG     6.000  12/29/2020   EUR   43.250
UniCredit Bank AG     8.400  12/29/2020   EUR   28.340
UniCredit Bank AG     9.200  12/29/2020   EUR   27.860
UniCredit Bank AG     6.700  12/29/2020   EUR   37.030
UniCredit Bank AG     8.500  12/29/2020   EUR   32.540
UniCredit Bank AG     6.500  12/29/2020   EUR   76.260
UniCredit Bank AG     6.800  12/29/2020   EUR   34.540
UniCredit Bank AG     7.400  12/29/2020   EUR   33.430
UniCredit Bank AG     6.100  12/29/2020   EUR   31.070
UniCredit Bank AG     6.000  12/29/2020   EUR   54.100
UniCredit Bank AG     6.600  12/29/2020   EUR   27.650
UniCredit Bank AG     9.300  12/29/2020   EUR   26.200
UniCredit Bank AG     9.400  12/29/2020   EUR   27.400
UniCredit Bank AG     7.200  12/29/2020   EUR   28.320
UniCredit Bank AG    14.800  12/29/2020   EUR   11.890
UniCredit Bank AG     6.500  12/29/2020   EUR   68.140
UniCredit Bank AG     9.300  12/29/2020   EUR   60.230
UniCredit Bank AG     8.300  12/29/2020   EUR   60.750
UniCredit Bank AG    10.000  12/29/2020   EUR   69.680
UniCredit Bank AG    11.900  12/29/2020   EUR   64.490
UniCredit Bank AG     9.900  12/29/2020   EUR   47.390
UniCredit Bank AG     9.000  12/29/2020   EUR   55.120
UniCredit Bank AG     6.900  12/29/2020   EUR   49.430
UniCredit Bank AG     7.800  12/29/2020   EUR   53.600
UniCredit Bank AG    10.700  12/29/2020   EUR   71.170
UniCredit Bank AG     8.200  12/29/2020   EUR   43.860
UniCredit Bank AG    10.800  12/29/2020   EUR   41.280
UniCredit Bank AG     6.300  12/29/2020   EUR   57.070
UniCredit Bank AG     8.700  12/29/2020   EUR   67.550
UniCredit Bank AG    10.500  12/29/2020   EUR   62.110
UniCredit Bank AG     7.400  12/29/2020   EUR   54.610
UniCredit Bank AG     6.700  12/29/2020   EUR   62.900
UniCredit Bank AG     8.200  12/29/2020   EUR   37.140
UniCredit Bank AG     7.800  12/29/2020   EUR   51.700
UniCredit Bank AG     8.800  12/29/2020   EUR   49.920
UniCredit Bank AG     8.200  12/29/2020   EUR   65.570
UniCredit Bank AG     6.600  12/29/2020   EUR   65.730
UniCredit Bank AG     7.500  12/29/2020   EUR   38.030
UniCredit Bank AG     6.700  12/29/2020   EUR   59.420
UniCredit Bank AG     8.200  12/29/2020   EUR   61.990
UniCredit Bank AG     8.400  12/29/2020   EUR   51.780
UniCredit Bank AG     9.500  12/29/2020   EUR   49.820
UniCredit Bank AG     9.400  12/29/2020   EUR   72.740
UniCredit Bank AG    12.100  12/29/2020   EUR   56.060
UniCredit Bank AG     7.800  12/29/2020   EUR   48.960
UniCredit Bank AG     6.400  12/29/2020   EUR   51.830
UniCredit Bank AG    10.900  12/29/2020   EUR   58.740
UniCredit Bank AG     7.800  12/29/2020   EUR   53.430
UniCredit Bank AG     8.100  12/29/2020   EUR   69.780
UniCredit Bank AG     8.100  12/29/2020   EUR   49.880
UniCredit Bank AG     6.900  12/29/2020   EUR   73.300
UniCredit Bank AG     6.500  12/29/2020   EUR   18.430
UniCredit Bank AG    10.700  12/29/2020   EUR   32.420
UniCredit Bank AG    10.900  12/29/2020   EUR   64.870
UniCredit Bank AG     9.700  12/29/2020   EUR   68.020
UniCredit Bank AG    12.000  12/29/2020   EUR   47.440
UniCredit Bank AG    10.100  12/29/2020   EUR   47.600
UniCredit Bank AG     7.200  12/29/2020   EUR   65.270
UniCredit Bank AG     9.000  12/29/2020   EUR   29.360
UniCredit Bank AG     8.000  12/29/2020   EUR   50.420
UniCredit Bank AG     7.900  12/29/2020   EUR   30.220
Landesbank Hessen-T   3.600   7/27/2022   EUR   63.060
UBS AG/London         7.000   6/22/2020   CHF   71.700
UBS AG/London         6.000   6/29/2020   CHF   49.450
Leonteq Securities   17.000   10/12/2020  CHF   60.420
Leonteq Securities    6.500   07/12/2021  CHF   69.040
Leonteq Securities    6.000   07/12/2021  CHF   71.770
Vontobel Financial    6.250   7/15/2020   EUR   59.630
Societe Generale Ef   7.650   6/26/2020   EUR   72.160
UniCredit Bank AG    10.800  12/28/2020   EUR   48.810
UniCredit Bank AG    10.200  12/28/2020   EUR   73.770
UniCredit Bank AG     9.300  12/28/2020   EUR   57.130
UniCredit Bank AG    11.500  12/28/2020   EUR   65.880
UniCredit Bank AG     7.250   8/16/2022   EUR   66.100
Raiffeisen Schweiz    7.100   01/12/2021  CHF   67.330
Raiffeisen Schweiz    5.000   01/12/2022  CHF   64.960
UniCredit Bank AG     4.100   6/25/2021   EUR   58.140
UniCredit Bank AG     8.400   6/26/2020   EUR   58.330
UniCredit Bank AG    14.500   6/26/2020   EUR   64.660
Vontobel Financial    7.000   6/26/2020   EUR   67.560
UniCredit Bank AG     5.400  12/24/2021   EUR   54.460
UniCredit Bank AG     6.300  12/24/2021   EUR   68.820
UniCredit Bank AG     8.200  12/24/2021   EUR   69.310
UniCredit Bank AG     4.800  12/24/2021   EUR   72.180
UniCredit Bank AG     4.700  12/24/2021   EUR   65.930
UniCredit Bank AG     7.500  12/24/2021   EUR   44.720
UniCredit Bank AG     7.900  12/24/2021   EUR   72.130
UniCredit Bank AG     7.600  12/24/2021   EUR   65.750
UniCredit Bank AG     4.100  12/24/2021   EUR   49.090
UniCredit Bank AG     7.700  12/24/2021   EUR   60.450
UniCredit Bank AG     5.800  12/24/2021   EUR   63.210
UniCredit Bank AG     8.600   6/26/2020   EUR   48.520
UniCredit Bank AG     5.500   6/26/2020   EUR   52.650
UniCredit Bank AG    14.400   6/26/2020   EUR   43.620
UniCredit Bank AG    12.600   6/26/2020   EUR   68.380
UniCredit Bank AG     5.300   6/26/2020   EUR   71.020
UniCredit Bank AG     6.100  12/24/2021   EUR   71.850
UniCredit Bank AG     5.300  12/24/2021   EUR   64.590
UniCredit Bank AG     8.300  12/24/2021   EUR   59.710
UniCredit Bank AG     6.900  12/24/2021   EUR   73.280
UniCredit Bank AG     9.600  12/24/2021   EUR   58.690
UniCredit Bank AG     5.600   6/25/2021   EUR   55.400
UniCredit Bank AG    11.600  12/24/2021   EUR   62.570
UniCredit Bank AG     6.000   6/25/2021   EUR   52.590
UniCredit Bank AG     7.500   6/25/2021   EUR   51.000
UniCredit Bank AG     7.000   6/25/2021   EUR   67.880
UniCredit Bank AG    11.100   6/25/2021   EUR   72.230
UniCredit Bank AG    12.100  12/28/2020   EUR   48.040
UniCredit Bank AG    11.600  12/28/2020   EUR   61.380
UniCredit Bank AG     7.500  12/28/2020   EUR   68.780
UniCredit Bank AG     5.100   6/25/2021   EUR   64.850
UniCredit Bank AG     8.200   6/25/2021   EUR   59.290
UniCredit Bank AG    11.400   6/25/2021   EUR   56.000
UniCredit Bank AG     7.900   6/25/2021   EUR   65.260
UniCredit Bank AG     9.000   6/25/2021   EUR   63.980
UniCredit Bank AG     6.800   6/25/2021   EUR   66.630
UniCredit Bank AG     8.500   6/25/2021   EUR   64.640
UniCredit Bank AG    13.600   6/25/2021   EUR   59.950
UniCredit Bank AG    10.100   6/25/2021   EUR   41.980
UniCredit Bank AG     4.400   6/25/2021   EUR   47.610
UniCredit Bank AG     5.400   6/25/2021   EUR   45.700
UniCredit Bank AG     7.600   6/25/2021   EUR   43.140
UniCredit Bank AG     8.900  12/24/2021   EUR   51.710
UniCredit Bank AG     4.400  12/24/2021   EUR   56.410
UniCredit Bank AG     7.400  12/24/2021   EUR   66.620
UniCredit Bank AG     6.500   6/25/2021   EUR   69.950
UniCredit Bank AG     7.000   6/26/2020   EUR   50.490
UniCredit Bank AG    14.500   6/26/2020   EUR   68.970
UniCredit Bank AG     7.200   6/26/2020   EUR   48.100
UniCredit Bank AG    15.600   6/26/2020   EUR   67.350
UniCredit Bank AG    10.500   6/26/2020   EUR   36.430
UniCredit Bank AG    10.000   6/26/2020   EUR   55.820
UniCredit Bank AG     7.700  12/24/2021   EUR   54.250
UniCredit Bank AG    19.000   6/26/2020   EUR   46.270
UniCredit Bank AG     7.900   6/25/2021   EUR   68.010
UniCredit Bank AG     6.400  12/24/2021   EUR   55.380
DekaBank Deutsche G   3.000   7/31/2020   EUR   46.920
Landesbank Baden-Wu   3.000   6/25/2021   EUR   64.480
Landesbank Baden-Wu   4.000   7/24/2020   EUR   54.510
Landesbank Baden-Wu   2.000   7/24/2020   EUR   61.270
Landesbank Baden-Wu   4.000   7/24/2020   EUR   55.000
Landesbank Baden-Wu   5.000   7/24/2020   EUR   52.750
Landesbank Baden-Wu   5.000   7/24/2020   EUR   33.880
Landesbank Baden-Wu   5.000   7/24/2020   EUR   70.900
Landesbank Baden-Wu   4.500   7/24/2020   EUR   68.080
Landesbank Baden-Wu   2.000   7/24/2020   EUR   65.300
Landesbank Baden-Wu   3.500   7/24/2020   EUR   55.360
Landesbank Baden-Wu   5.000   7/24/2020   EUR   49.470
Landesbank Baden-Wu   6.500   7/24/2020   EUR   44.800
Landesbank Baden-Wu   2.000   7/24/2020   EUR   54.690
Landesbank Baden-Wu   3.000   7/24/2020   EUR   50.620
Landesbank Baden-Wu   4.000   7/24/2020   EUR   47.880
Landesbank Baden-Wu   2.000   7/24/2020   EUR   56.840
Landesbank Baden-Wu   5.000   7/24/2020   EUR   46.980
Landesbank Baden-Wu   2.000   7/24/2020   EUR   70.810
Landesbank Baden-Wu   3.000   7/24/2020   EUR   66.070
Landesbank Baden-Wu   4.000   7/24/2020   EUR   62.800
Landesbank Baden-Wu   5.000   7/24/2020   EUR   59.920
Landesbank Baden-Wu   4.000   7/24/2020   EUR   69.300
Landesbank Baden-Wu   5.000   7/24/2020   EUR   65.800
Landesbank Baden-Wu   2.000   7/24/2020   EUR   41.080
Landesbank Baden-Wu   6.500   7/24/2020   EUR   44.510
Landesbank Baden-Wu   3.000   7/24/2020   EUR   70.980
Landesbank Baden-Wu   4.000   7/24/2020   EUR   66.780
Landesbank Baden-Wu   5.000   7/24/2020   EUR   28.650
Landesbank Baden-Wu   2.000   7/24/2020   EUR   60.610
Landesbank Baden-Wu   2.500   7/24/2020   EUR   18.900
Landesbank Baden-Wu   4.000   7/24/2020   EUR   17.040
Landesbank Baden-Wu   4.500   7/24/2020   EUR   37.260
Landesbank Baden-Wu   2.000   7/24/2020   EUR   60.830
Landesbank Baden-Wu   2.000   7/24/2020   EUR   67.470
Landesbank Baden-Wu   4.000   7/24/2020   EUR   58.150
Landesbank Baden-Wu   4.500   7/24/2020   EUR   73.290
Landesbank Baden-Wu   6.000   7/24/2020   EUR   67.650
Landesbank Hessen-T   6.150   8/25/2022   EUR   64.880
Landesbank Baden-Wu   2.850   8/28/2020   EUR   62.180
Landesbank Baden-Wu   3.500   8/28/2020   EUR   62.190
Landesbank Baden-Wu   3.250   8/28/2020   EUR   62.050
Landesbank Baden-Wu   4.450   8/28/2020   EUR   27.990
Corner Banca SA       8.000   08/10/2020  CHF   54.000
Bayerische Landesba   2.100   8/28/2020   EUR   68.560
Bayerische Landesba   2.300   8/28/2020   EUR   69.720
Bayerische Landesba   2.500   8/28/2020   EUR   65.700
UniCredit Bank AG     3.750   8/23/2021   EUR   39.830
Landesbank Hessen-T   3.500   09/01/2021  EUR   65.840
Leonteq Securities    5.200   08/04/2020  EUR   65.040
Landesbank Baden-Wu   2.850   7/22/2022   EUR   65.060
Societe Generale Ef   3.825   6/26/2020   EUR   70.680
Societe Generale Ef  10.241  12/28/2020   EUR   68.870
Societe Generale Ef  24.419   6/25/2021   EUR   54.630
UniCredit Bank AG     6.900  12/24/2021   EUR   68.750
UniCredit Bank AG     9.000  12/24/2021   EUR   64.580
UniCredit Bank AG     5.800  12/24/2021   EUR   70.460
UniCredit Bank AG     8.000  12/24/2021   EUR   67.840
UniCredit Bank AG    10.200  12/24/2021   EUR   65.930
UniCredit Bank AG     7.100  12/24/2021   EUR   61.300
UniCredit Bank AG     7.200  12/24/2021   EUR   66.270
UniCredit Bank AG     6.300  12/24/2021   EUR   67.260
UniCredit Bank AG     8.500  12/24/2021   EUR   64.880
UniCredit Bank AG     8.100  12/24/2021   EUR   65.390
UniCredit Bank AG     8.200   6/25/2021   EUR   52.690
UniCredit Bank AG    10.900   6/25/2021   EUR   72.630
UniCredit Bank AG    11.100  12/28/2020   EUR   72.930
UniCredit Bank AG     6.200  12/28/2020   EUR   69.190
UniCredit Bank AG     9.800   6/25/2021   EUR   57.420
UniCredit Bank AG     7.400   6/25/2021   EUR   60.430
UniCredit Bank AG    10.200   6/25/2021   EUR   62.860
UniCredit Bank AG    10.700   6/25/2021   EUR   62.230
UniCredit Bank AG    12.500   6/25/2021   EUR   60.850
UniCredit Bank AG     7.000   6/25/2021   EUR   70.140
UniCredit Bank AG    13.400   6/26/2020   EUR   51.480
UniCredit Bank AG    16.600   6/26/2020   EUR   42.250
UniCredit Bank AG    10.400   6/26/2020   EUR   46.740
UniCredit Bank AG    10.800   6/26/2020   EUR   71.160
UniCredit Bank AG     8.400  12/24/2021   EUR   53.910
UniCredit Bank AG    13.300   6/26/2020   EUR   34.540
UniCredit Bank AG     9.200   6/25/2021   EUR   66.160
UniCredit Bank AG     8.400   6/25/2021   EUR   68.430
UniCredit Bank AG    18.400   6/26/2020   EUR   71.190
UniCredit Bank AG    11.600   6/26/2020   EUR   71.720
UniCredit Bank AG     4.800   6/26/2020   EUR   51.890
UniCredit Bank AG    14.000   6/26/2020   EUR   55.370
UniCredit Bank AG    14.800   6/26/2020   EUR   65.950
UniCredit Bank AG    16.100   6/26/2020   EUR   59.630
UniCredit Bank AG    15.400   6/26/2020   EUR   58.820
UniCredit Bank AG    12.100   6/25/2021   EUR   63.440
DZ Bank AG Deutsche  12.250   7/22/2020   EUR   44.530
Raiffeisen Centroba   6.992   6/23/2020   EUR   70.010
Raiffeisen Centroba   7.757   6/23/2020   EUR   52.150
EFG International F   6.800   9/14/2020   CHF   51.400
DekaBank Deutsche G   7.250   04/01/2021  EUR   51.940
UBS AG/London        10.000   8/31/2020   CHF   36.050
UBS AG/London         9.000   8/31/2020   CHF   57.800
UBS AG/London         7.000   8/31/2020   EUR   47.850
Leonteq Securities    8.000   09/07/2020  EUR   56.060
Corner Banca SA       6.400   09/07/2021  CHF   53.790
EFG International F   7.200   9/13/2021   CHF   66.450
Raiffeisen Switzerl   4.440   4/19/2021   EUR   47.730
DekaBank Deutsche G   2.300   9/24/2021   EUR   49.330
Vontobel Financial    3.300   09/04/2020  EUR   68.850
Landesbank Baden-Wu   2.800   7/24/2020   EUR   58.480
UniCredit Bank AG     3.700   5/28/2021   EUR   52.210
Skandinaviska Enski   6.900   7/15/2022   SEK   44.420
Leonteq Securities    7.400   11/03/2020  CHF   55.650
EFG International F   7.000   11/09/2020  EUR   61.340
Commerzbank AG        1.000   11/02/2020  USD    6.480
Landesbank Hessen-T   3.000   06/04/2021  EUR   49.900
Landesbank Hessen-T   4.000   06/04/2021  EUR   52.200
DekaBank Deutsche G   3.000   6/26/2020   EUR   54.470
Landesbank Baden-Wu   3.000  12/29/2020   EUR   48.920
Landesbank Hessen-T   5.200   01/08/2024  EUR   33.960
UniCredit Bank AG     4.200  11/21/2021   EUR   48.150
UniCredit Bank AG     3.700  11/21/2021   EUR   56.530
UniCredit Bank AG     4.350  11/21/2021   EUR   53.110
Landesbank Hessen-T   3.000  11/24/2022   EUR   68.320
Landesbank Hessen-T   5.000   9/21/2023   EUR   42.140
EFG International F   7.000   11/02/2020  CHF   50.000
EFG International F   7.200   11/02/2020  EUR   36.830
Landesbank Baden-Wu   2.650   9/22/2023   EUR   63.030
Raiffeisen Centroba   6.000   10/09/2020  EUR   61.380
Raiffeisen Centroba   5.500   10/09/2020  EUR   34.430
Raiffeisen Centroba   7.000   10/09/2020  EUR   57.650
Raiffeisen Centroba   6.500   10/09/2020  EUR   53.290
Raiffeisen Centroba   7.000   10/09/2020  EUR   70.890
Zurcher Kantonalban   5.500   11/03/2020  CHF   55.420
Landesbank Hessen-T   2.200  11/24/2020   EUR   27.420
Bayerische Landesba   2.100   10/09/2020  EUR   59.240
UBS AG/London         9.000   8/24/2020   EUR   44.100
UBS AG/London        10.000   8/24/2020   CHF   35.950
Landesbank Baden-Wu   2.550  12/27/2021   EUR   66.670
UBS AG/London         7.250   8/31/2020   CHF   25.900
UBS AG/London         6.250   8/31/2020   CHF   64.400
UBS AG/London         8.000   03/01/2021  USD   49.120
UniCredit Bank AG     4.850   11/01/2020  EUR   67.030
Leonteq Securities    6.000   09/07/2020  CHF   42.200
Landesbank Baden-Wu   3.000  12/29/2020   EUR   57.160
Raiffeisen Schweiz    6.200   09/10/2020  EUR   60.590
DekaBank Deutsche G   2.300  11/13/2020   EUR   49.480
Leonteq Securities    7.000  10/26/2020   EUR   51.570
Leonteq Securities    6.000   8/31/2020   CHF   68.850
Leonteq Securities    5.000  10/27/2020   CHF   50.670
DekaBank Deutsche G   3.400   3/26/2021   EUR   60.820
Landesbank Hessen-T   4.000  11/24/2021   EUR   36.120
UBS AG/London        10.500   8/31/2020   EUR   32.800
Landesbank Hessen-T   5.450  11/17/2022   EUR   42.380
Landesbank Hessen-T   8.600  11/17/2022   EUR   45.560
UniCredit Bank AG     3.800   8/30/2023   EUR   43.910
Landesbank Baden-Wu   3.500  12/29/2020   EUR   66.240
Landesbank Baden-Wu   3.600  12/29/2020   EUR   47.460
Landesbank Baden-Wu   4.400  12/29/2020   EUR   30.900
Vontobel Financial    3.800   8/31/2021   EUR   70.830
Societe Generale Ef   8.438   9/25/2020   EUR   65.770
Societe Generale Ef  29.303   6/25/2021   EUR   59.100
Raiffeisen Schweiz    6.000   8/19/2020   CHF   49.740
UniCredit Bank AG     6.400   03/05/2021  EUR   26.880
Leonteq Securities    7.000   02/12/2021  CHF   49.600
Landesbank Baden-Wu   2.600   4/25/2022   EUR   62.620
Landesbank Hessen-T   5.550   3/16/2023   EUR   35.930
Societe Generale Ef   8.263   7/24/2020   EUR   70.390
Societe Generale Ef  11.721   6/25/2021   EUR   68.540
Leonteq Securities    9.000   10/12/2020  CHF   60.830
Leonteq Securities    5.600   07/12/2022  CHF   71.960
Leonteq Securities   16.800  10/15/2020   USD   41.760
Leonteq Securities    8.600   07/12/2021  EUR   49.040
Societe Generale Ef   4.822   9/25/2020   EUR   58.020
Societe Generale Ef  18.082   9/25/2020   EUR   45.120
Societe Generale Ef  14.630  12/28/2020   EUR   69.950
UniCredit Bank AG     7.900  12/28/2020   EUR   66.240
UniCredit Bank AG     7.200  12/28/2020   EUR   60.350
UniCredit Bank AG     8.300  12/28/2020   EUR   67.810
UniCredit Bank AG    16.200  12/28/2020   EUR   58.710
Raiffeisen Schweiz    7.100   07/12/2021  EUR   59.370
UniCredit Bank AG    17.000  12/28/2020   EUR   57.970
UniCredit Bank AG    12.300   6/26/2020   EUR   62.450
UniCredit Bank AG    16.200   6/26/2020   EUR   32.880
UniCredit Bank AG     5.600   6/26/2020   EUR   64.180
UniCredit Bank AG     8.700   6/26/2020   EUR   67.340
UniCredit Bank AG     9.100  12/24/2021   EUR   66.790
UniCredit Bank AG     8.900  12/24/2021   EUR   59.080
UniCredit Bank AG     6.800  12/24/2021   EUR   66.840
UniCredit Bank AG    10.200  12/28/2020   EUR   39.010
UniCredit Bank AG     8.200  12/28/2020   EUR   58.630
UniCredit Bank AG    13.100   6/26/2020   EUR   70.320
UniCredit Bank AG    10.300   6/26/2020   EUR   73.200
UniCredit Bank AG    16.000   6/26/2020   EUR   67.700
UniCredit Bank AG    13.600   6/26/2020   EUR   69.760
UniCredit Bank AG    17.000   6/26/2020   EUR   63.700
UniCredit Bank AG     6.500  12/24/2021   EUR   62.270
UniCredit Bank AG     6.600  12/24/2021   EUR   45.310
UniCredit Bank AG     7.300   6/25/2021   EUR   53.430
UniCredit Bank AG     6.400   6/25/2021   EUR   54.290
UniCredit Bank AG     4.800   6/25/2021   EUR   56.640
UniCredit Bank AG    10.000   6/25/2021   EUR   51.550
UniCredit Bank AG     9.100   6/25/2021   EUR   52.070
UniCredit Bank AG    11.600   6/25/2021   EUR   61.360
UniCredit Bank AG    10.000   6/25/2021   EUR   73.620
UniCredit Bank AG     5.600   6/25/2021   EUR   71.010
UniCredit Bank AG     4.700   6/25/2021   EUR   54.870
UniCredit Bank AG     8.500   6/25/2021   EUR   65.250
UniCredit Bank AG    10.000   6/25/2021   EUR   63.040
UniCredit Bank AG    10.100   6/25/2021   EUR   73.150
UniCredit Bank AG     6.200  12/28/2020   EUR   62.230
UniCredit Bank AG     5.900   6/25/2021   EUR   63.270
UniCredit Bank AG     6.600   6/25/2021   EUR   61.720
UniCredit Bank AG     9.000   6/25/2021   EUR   58.290
UniCredit Bank AG     7.400   6/25/2021   EUR   66.010
UniCredit Bank AG     9.600   6/25/2021   EUR   63.380
UniCredit Bank AG    11.300   6/25/2021   EUR   61.750
UniCredit Bank AG    11.900   6/25/2021   EUR   61.280
Credit Suisse AG/Lo   4.500   07/12/2021  EUR   63.520
DZ Bank AG Deutsche   6.000   7/22/2020   EUR   36.610
DZ Bank AG Deutsche  10.500   9/23/2020   EUR   61.350
DZ Bank AG Deutsche   9.000   9/23/2020   EUR   74.330
Raiffeisen Centroba   9.674  12/23/2020   EUR
Raiffeisen Centroba  12.438  12/23/2020   EUR
UBS AG/London        14.250   7/19/2021   USD   52.440
UBS AG/London         5.250   7/19/2021   CHF   64.400
UBS AG/London        15.000   7/17/2020   CHF   52.850
UBS AG/London        13.250   7/17/2020   USD   51.290
Zurcher Kantonalban   7.750   7/23/2021   EUR   63.130
Zurcher Kantonalban   7.500   7/23/2021   CHF   62.900
Societe Generale Ef  12.500   7/24/2020   EUR   65.380
DZ Bank AG Deutsche   7.000   7/22/2020   EUR   70.040
DZ Bank AG Deutsche  10.750   7/22/2020   EUR   65.620
DZ Bank AG Deutsche   9.750   6/24/2020   EUR   69.310
DZ Bank AG Deutsche   8.000   9/23/2020   EUR   70.290
DZ Bank AG Deutsche   7.750   6/24/2020   EUR   66.200
UniCredit Bank AG     9.800   6/25/2021   EUR   66.970
UniCredit Bank AG     5.200   6/25/2021   EUR   72.150
UniCredit Bank AG    11.700   6/26/2020   EUR   72.370
UniCredit Bank AG     6.900   6/26/2020   EUR   61.100
UniCredit Bank AG    15.700   6/26/2020   EUR   62.710
UniCredit Bank AG     5.100  12/24/2021   EUR   56.960
UniCredit Bank AG     5.700  12/24/2021   EUR   56.030
UniCredit Bank AG    12.300   6/26/2020   EUR   45.100
UniCredit Bank AG     6.900   6/26/2020   EUR   71.460
UniCredit Bank AG    14.700   6/26/2020   EUR   61.780
UniCredit Bank AG    10.700   6/25/2021   EUR   64.740
UniCredit Bank AG     7.000  12/24/2021   EUR   54.690
Credit Suisse AG/Lo   5.750   01/10/2022  CHF   68.470
Zurcher Kantonalban   7.250   7/23/2021   USD   59.690
Zurcher Kantonalban   5.000   7/23/2021   EUR   55.370
Bank Julius Baer &   11.800   7/16/2020   USD   53.300
DZ Bank AG Deutsche   6.500   7/22/2020   EUR   62.590
DZ Bank AG Deutsche  13.000   7/22/2020   EUR   57.220
DZ Bank AG Deutsche   7.250   9/23/2020   EUR   67.610
Landesbank Hessen-T   6.400   03/09/2023  EUR   64.440
UniCredit Bank AG     5.350   03/05/2021  EUR   72.270
UniCredit Bank AG     3.750   03/05/2021  EUR   61.190
Landesbank Baden-Wu   2.810   3/24/2023   EUR   56.880
Leonteq Securities    4.230   07/12/2021  CHF   64.620
EFG International F  18.400   01/12/2021  USD   45.980
Societe Generale Ef   9.644   9/25/2020   EUR   73.590
Societe Generale Ef   8.778  12/28/2020   EUR   73.230
Societe Generale Ef  17.582   6/25/2021   EUR   71.300
UniCredit Bank AG     4.700  12/28/2020   EUR   72.460
UniCredit Bank AG    13.600  12/28/2020   EUR   59.490
UniCredit Bank AG     5.300  12/28/2020   EUR   64.340
UniCredit Bank AG    11.500  12/28/2020   EUR   54.550
UniCredit Bank AG    15.400  12/28/2020   EUR   59.480
UniCredit Bank AG    10.400  12/28/2020   EUR   55.770
UniCredit Bank AG    13.900  12/28/2020   EUR   52.560
UniCredit Bank AG     7.100   6/26/2020   EUR   69.940
UniCredit Bank AG    18.800   6/26/2020   EUR   55.670
UniCredit Bank AG     9.400   6/26/2020   EUR   66.620
UniCredit Bank AG    11.600   6/26/2020   EUR   53.540
UniCredit Bank AG     4.300   6/26/2020   EUR   74.380
UniCredit Bank AG     4.300   6/26/2020   EUR   44.220
UniCredit Bank AG    15.200   6/26/2020   EUR   49.590
UniCredit Bank AG    19.800   6/26/2020   EUR   57.520
UniCredit Bank AG     9.700   6/26/2020   EUR   73.520
Vontobel Financial    9.000   6/26/2020   EUR   66.460
Landesbank Baden-Wu   3.950   8/27/2021   EUR   54.550
Leonteq Securities    7.400   05/12/2021  CHF   58.620
Corner Banca SA       6.200   11/09/2021  CHF   72.970
Landesbank Baden-Wu   3.400  11/25/2022   EUR   56.330
Landesbank Baden-Wu   3.400   1/27/2023   EUR   60.100
UniCredit Bank AG     3.750  12/21/2021   EUR   43.960
UBS AG/London         7.000  11/16/2020   CHF   69.850
UBS AG/London         8.000  11/16/2020   CHF   29.400
UBS AG/London         7.000  10/30/2020   EUR   41.650
Raiffeisen Centroba   5.800  11/19/2020   EUR   61.530
Raiffeisen Centroba   4.500  11/19/2020   EUR   46.800
Zurcher Kantonalban   6.117  11/20/2020   CHF   64.690
DekaBank Deutsche G   3.800   12/04/2020  EUR   66.300
Raiffeisen Schweiz    7.000  11/30/2020   CHF   66.190
Skandinaviska Enski   8.200   1/15/2024   SEK   50.520
Banque Cantonale Va   6.500   06/05/2020  CHF   56.780
Landesbank Baden-Wu   2.000   7/24/2020   EUR   64.940
Landesbank Baden-Wu   3.500   7/24/2020   EUR   59.760
Landesbank Baden-Wu   5.000   7/24/2020   EUR   56.490
Landesbank Baden-Wu   2.000   7/24/2020   EUR   52.630
Landesbank Baden-Wu   3.500   7/24/2020   EUR   46.920
Landesbank Baden-Wu   5.000   7/24/2020   EUR   43.120
Landesbank Baden-Wu   2.500   7/24/2020   EUR   55.840
Landesbank Baden-Wu   5.000   7/24/2020   EUR   47.440
Landesbank Baden-Wu   6.000   7/24/2020   EUR   74.470
Landesbank Baden-Wu   2.500   7/24/2020   EUR   66.310
Landesbank Baden-Wu   4.000   7/24/2020   EUR   59.360
Landesbank Baden-Wu   5.500   7/24/2020   EUR   55.570
Landesbank Baden-Wu   3.500   7/24/2020   EUR   70.570
Landesbank Baden-Wu   3.000   7/24/2020   EUR   61.580
Landesbank Baden-Wu   4.500   7/24/2020   EUR   54.730
Landesbank Baden-Wu   6.000   7/24/2020   EUR   51.080
Landesbank Baden-Wu   2.000   7/24/2020   EUR   67.090
Landesbank Baden-Wu   3.500   7/24/2020   EUR   61.320
Landesbank Baden-Wu   2.000   7/24/2020   EUR   53.090
Landesbank Baden-Wu   4.000   7/24/2020   EUR   45.570
Landesbank Baden-Wu   5.500   7/24/2020   EUR   42.680
Landesbank Baden-Wu   5.500   7/24/2020   EUR   72.500
Landesbank Baden-Wu   3.500   7/24/2020   EUR   74.370
Landesbank Baden-Wu   5.000   7/24/2020   EUR   69.680
Landesbank Baden-Wu   2.000   7/24/2020   EUR   59.910
Landesbank Baden-Wu   3.500   7/24/2020   EUR   53.690
Landesbank Baden-Wu   5.000   7/24/2020   EUR   49.590
Landesbank Baden-Wu   3.500   7/24/2020   EUR   65.170
Landesbank Baden-Wu   5.000   7/24/2020   EUR   62.000
Landesbank Baden-Wu   4.000   7/24/2020   EUR   71.030
Landesbank Baden-Wu   3.000   7/24/2020   EUR   55.880
Landesbank Baden-Wu   5.500   7/24/2020   EUR   47.240
Landesbank Baden-Wu   3.000   7/24/2020   EUR   58.640
Landesbank Baden-Wu   5.500   7/24/2020   EUR   72.920
Landesbank Baden-Wu   2.000   7/24/2020   EUR   71.490
Landesbank Baden-Wu   4.000   7/24/2020   EUR   63.080
Landesbank Baden-Wu   2.000   7/24/2020   EUR   52.600
Landesbank Baden-Wu   3.500   7/24/2020   EUR   45.690
Landesbank Baden-Wu   5.000   7/24/2020   EUR   41.350
Landesbank Baden-Wu   2.500   7/24/2020   EUR   42.130
Landesbank Baden-Wu   5.000   7/24/2020   EUR   35.280
Landesbank Baden-Wu   7.000   7/24/2020   EUR   32.590
Landesbank Baden-Wu   6.000   7/24/2020   EUR   73.400
Landesbank Baden-Wu   8.000   7/24/2020   EUR   67.420
Landesbank Baden-Wu   2.000   7/24/2020   EUR   67.790
Landesbank Baden-Wu   3.000   7/24/2020   EUR   63.870
Landesbank Baden-Wu   4.500   7/24/2020   EUR   59.380
UBS AG/London         7.100   9/24/2020   EUR   46.120
UBS AG/London         7.100   9/24/2020   EUR   47.830
UBS AG/London         7.400   6/25/2020   EUR   50.420
HSBC Trinkaus & Bur   2.800   6/26/2020   EUR   62.320
HSBC Trinkaus & Bur   3.000   6/26/2020   EUR   56.860
Landesbank Baden-Wu   3.500  10/23/2020   EUR   57.030
Landesbank Baden-Wu   6.000  10/23/2020   EUR   49.100
Landesbank Baden-Wu   5.000  10/23/2020   EUR   71.020
Landesbank Baden-Wu   5.500  10/23/2020   EUR   71.930
Landesbank Baden-Wu   4.000  10/23/2020   EUR   65.920
Landesbank Baden-Wu   3.000  10/23/2020   EUR   52.990
Landesbank Baden-Wu   5.000  10/23/2020   EUR   45.890
Landesbank Baden-Wu   4.500  10/23/2020   EUR   65.410
Landesbank Baden-Wu   2.500  10/23/2020   EUR   65.500
Landesbank Baden-Wu   3.000  10/23/2020   EUR   45.840
Landesbank Baden-Wu   2.500  10/23/2020   EUR   37.620
Landesbank Baden-Wu   3.000   7/23/2021   EUR   63.960
Landesbank Baden-Wu   5.000   7/23/2021   EUR   58.510
Landesbank Baden-Wu   4.000  10/23/2020   EUR   55.780
Landesbank Baden-Wu   3.000  10/23/2020   EUR   39.730
Landesbank Baden-Wu   5.000  10/23/2020   EUR   62.990
Landesbank Baden-Wu   3.000   7/23/2021   EUR   45.270
EFG International F   7.000   11/01/2021  CHF   63.650
UBS AG/London         9.000  10/19/2020   USD   58.200
UniCredit Bank AG     4.100  11/27/2020   EUR   68.590
Landesbank Baden-Wu   3.250   1/28/2022   EUR   70.940
Landesbank Baden-Wu   3.800   1/28/2022   EUR   51.070
Landesbank Baden-Wu   3.600   1/28/2022   EUR   73.020
Raiffeisen Switzerl   5.600   11/02/2020  CHF   29.290
Corner Banca SA       8.000   11/02/2020  CHF   51.290
Raiffeisen Schweiz    7.000   11/02/2020  CHF   66.340
HSBC Trinkaus & Bur   5.100   6/26/2020   EUR   68.200
HSBC Trinkaus & Bur   3.000   6/26/2020   EUR   68.060
HSBC Trinkaus & Bur   4.100   6/26/2020   EUR   54.760
HSBC Trinkaus & Bur   8.200   6/26/2020   EUR   39.300
HSBC Trinkaus & Bur   5.100   6/26/2020   EUR   71.140
HSBC Trinkaus & Bur   6.500   6/26/2020   EUR   50.530
HSBC Trinkaus & Bur   6.500   6/26/2020   EUR   50.530
Landesbank Baden-Wu   3.000   6/24/2022   EUR   61.750
Landesbank Baden-Wu   3.050   7/24/2020   EUR   57.540
Landesbank Baden-Wu   3.100   7/24/2020   EUR   53.100
Landesbank Baden-Wu   3.300   7/24/2020   EUR   58.740
Bayerische Landesba   2.600   6/26/2020   EUR   60.460
Leonteq Securities    7.800   06/02/2020  EUR   39.330
Landesbank Baden-Wu   2.700   6/25/2021   EUR   67.330
Landesbank Hessen-T   5.200   9/30/2022   EUR   62.020
Leonteq Securities    6.200   06/08/2020  CHF   57.250
Leonteq Securities    6.000   06/08/2020  CHF   54.850
UniCredit Bank AG     5.750   07/04/2020  EUR   53.730
Erste Group Bank AG   6.000   6/28/2022   EUR   77.550
DekaBank Deutsche G   2.750   6/26/2020   EUR   51.260
DekaBank Deutsche G   2.150   6/28/2021   EUR   57.010
DekaBank Deutsche G   2.200   6/26/2020   EUR   60.450
Leonteq Securities    5.200   06/12/2020  CHF   50.370
Commerzbank AG        6.000   06/06/2022  USD    0.370
Landesbank Hessen-T   4.000   07/07/2021  EUR   63.180
Landesbank Hessen-T   4.000   07/07/2021  EUR   64.690
Bayerische Landesba   2.200   6/26/2020   EUR   62.910
Landesbank Baden-Wu   3.500   6/26/2020   EUR   56.620
UniCredit Bank AG     3.500   07/09/2021  EUR   64.360
UniCredit Bank AG     5.500   07/09/2021  EUR   32.950
Corner Banca SA       7.600   6/16/2020   CHF   53.630
EFG International F   7.000   6/22/2020   USD   44.550
DekaBank Deutsche G   3.000   6/21/2021   EUR   32.970
Landesbank Hessen-T   3.750   1/13/2021   EUR   70.800
Landesbank Hessen-T   3.350   1/13/2021   EUR   68.100
Landesbank Hessen-T   4.000   1/13/2021   EUR   48.600
Landesbank Hessen-T   2.750   1/13/2021   EUR   52.000
Citigroup Global Ma   7.000   6/16/2022   SEK   51.090
Landesbank Baden-Wu   3.330   6/25/2021   EUR   65.100
Leonteq Securities    7.000   6/16/2020   CHF   54.460
Landesbank Baden-Wu   2.400   7/24/2020   EUR   67.800
Bayerische Landesba   2.400   7/17/2020   EUR   61.850
Landesbank Hessen-T   6.800   7/14/2022   EUR   53.550
Getin Noble Bank SA   5.190   5/31/2024   PLN   71.000
Getin Noble Bank SA   5.790   6/28/2024   PLN   71.000
Landesbank Baden-Wu   3.100   7/24/2020   EUR   57.530
Landesbank Baden-Wu   3.200   7/24/2020   EUR   51.250
Landesbank Baden-Wu   3.400   7/24/2020   EUR   59.170
Landesbank Baden-Wu   4.000   7/24/2020   EUR   52.260
Bayerische Landesba   2.100   7/17/2020   EUR   67.320
Leonteq Securities    6.000   6/23/2020   CHF   50.550
UniCredit Bank AG     4.300   7/18/2021   EUR   51.240
Landesbank Hessen-T   4.000  10/13/2021   EUR   70.580
DekaBank Deutsche G   2.100   10/09/2020  EUR   56.650
DekaBank Deutsche G   2.200   10/09/2020  EUR   51.700
DekaBank Deutsche G   2.600   10/09/2020  EUR   62.190
DekaBank Deutsche G   2.900   10/09/2020  EUR   39.430
Commerzbank AG        1.580   9/16/2024   USD    0.630
EFG International F   7.200   9/28/2020   CHF   52.540
EFG International F   6.600   9/28/2020   EUR   58.790
Leonteq Securities    7.000   9/22/2020   CHF   53.620
DekaBank Deutsche G   2.000   10/09/2020  EUR   54.430
Landesbank Baden-Wu   4.000   6/26/2020   EUR   54.110
Landesbank Baden-Wu   2.150   6/26/2020   EUR   67.830
UniCredit Bank AG     5.400  10/30/2020   EUR   29.120
Landesbank Baden-Wu   2.000  10/22/2021   EUR   66.700
Landesbank Baden-Wu   2.000  11/26/2021   EUR   63.900
Landesbank Baden-Wu   2.000  11/26/2021   EUR   65.110
Landesbank Hessen-T   3.000  10/20/2022   EUR   72.410
Landesbank Hessen-T   7.000  10/20/2022   EUR   50.550
Bank Julius Baer &    4.500   9/28/2020   CHF   43.600
Bank Julius Baer &    5.000   9/28/2020   EUR   43.850
Landesbank Baden-Wu   2.350   6/26/2020   EUR   69.730
Landesbank Baden-Wu   2.500   6/26/2020   EUR   63.230
Landesbank Baden-Wu   3.600   6/26/2020   EUR   51.270
EFG International F   7.000   10/05/2020  CHF   50.100
EFG International F   6.600   10/05/2020  EUR   41.470
EFG International F   7.200   10/05/2020  USD   30.940
DekaBank Deutsche G   2.250  10/16/2020   EUR   46.190
DekaBank Deutsche G   2.000  10/16/2020   EUR   48.720
Leonteq Securities    7.200   9/29/2020   CHF   52.540
Leonteq Securities    7.000   9/29/2020   CHF   58.990
Leonteq Securities    8.000   9/29/2020   EUR   53.190
Leonteq Securities    8.200   9/29/2020   USD   69.720
Leonteq Securities    7.000   9/29/2020   CHF   57.060
UniCredit Bank AG     5.350  10/18/2020   EUR   66.130
UniCredit Bank AG     4.300  10/18/2021   EUR   42.860
DekaBank Deutsche G   2.500   9/22/2020   EUR   71.990
SG Issuer SA          6.420   9/25/2020   CHF   39.600
Landesbank Hessen-T   5.700  10/27/2022   EUR   36.180
Landesbank Hessen-T   3.500  10/27/2021   EUR   55.530
Leonteq Securities    7.600   10/06/2020  CHF   58.970
Bayerische Landesba   2.200  10/30/2020   EUR   58.240
Bayerische Landesba   3.300  10/30/2020   EUR   64.600
Bayerische Landesba   2.100   4/30/2021   EUR   71.500
UniCredit Bank AG     4.500   11/12/2022  EUR   67.250
Landesbank Baden-Wu   3.850  10/23/2020   EUR   72.620
Landesbank Baden-Wu   2.850  10/23/2020   EUR   52.400
Landesbank Baden-Wu   3.000  10/23/2020   EUR   55.220
Landesbank Baden-Wu   3.250  10/23/2020   EUR   66.160
Landesbank Baden-Wu   3.500  10/23/2020   EUR   50.240
DekaBank Deutsche G   2.250   11/08/2022  EUR   52.190
UniCredit Bank AG     3.120   9/25/2020   EUR   40.300
UniCredit Bank AG     3.550  10/24/2021   EUR   57.140
UniCredit Bank AG     4.920   9/25/2020   EUR   28.690
UniCredit Bank AG     3.800  10/24/2021   EUR   47.590
DekaBank Deutsche G   3.000   6/18/2020   EUR   59.980
Vontobel Financial    6.500   6/26/2020   EUR   46.200
Credit Suisse AG/Lo   5.750  12/24/2021   CHF   69.640
Zurcher Kantonalban   5.000   6/25/2021   CHF   67.410
DZ Bank AG Deutsche   8.250   9/23/2020   EUR   42.620
DZ Bank AG Deutsche   4.500   9/23/2020   EUR   66.310
DZ Bank AG Deutsche   6.250   9/23/2020   EUR   52.960
DZ Bank AG Deutsche   5.750   9/23/2020   EUR   67.420
Landesbank Baden-Wu   7.500   8/27/2021   EUR   66.660
Landesbank Baden-Wu   5.250   8/27/2021   EUR   60.100
Landesbank Baden-Wu   4.000   8/27/2021   EUR   70.970
Landesbank Baden-Wu   5.250   8/27/2021   EUR   68.840
Landesbank Baden-Wu   2.250   8/27/2021   EUR   72.090
Landesbank Baden-Wu   3.500   8/27/2021   EUR   68.110
Landesbank Baden-Wu   3.500   8/27/2021   EUR   72.540
Landesbank Baden-Wu   2.750   8/27/2021   EUR   62.800
Landesbank Baden-Wu   4.000   8/27/2021   EUR   58.820
Landesbank Baden-Wu   3.500   8/27/2021   EUR   64.980
Landesbank Baden-Wu   4.000   8/27/2021   EUR   55.930
Landesbank Baden-Wu   5.000   8/27/2021   EUR   53.910
Landesbank Baden-Wu   6.250   8/27/2021   EUR   52.900
Landesbank Baden-Wu   5.750   8/27/2021   EUR   67.200
Landesbank Baden-Wu   5.250   8/27/2021   EUR   59.950
Landesbank Baden-Wu   3.250   8/27/2021   EUR   47.340
Landesbank Baden-Wu   4.000   8/27/2021   EUR   45.120
Landesbank Baden-Wu   5.000   8/27/2021   EUR   43.630
Landesbank Baden-Wu   6.000   8/27/2021   EUR   42.470
Landesbank Baden-Wu   3.750   8/27/2021   EUR   69.100
Landesbank Baden-Wu   5.000   8/27/2021   EUR   67.010
Landesbank Baden-Wu   4.750   8/27/2021   EUR   71.730
Landesbank Baden-Wu   6.500   8/27/2021   EUR   67.690
Landesbank Baden-Wu   2.500   8/27/2021   EUR   68.130
Landesbank Baden-Wu   3.750   8/27/2021   EUR   64.980
Landesbank Baden-Wu   3.500   8/27/2021   EUR   62.870
Landesbank Baden-Wu   4.500   8/27/2021   EUR   64.740
Landesbank Baden-Wu   6.000   8/27/2021   EUR   62.030
Landesbank Baden-Wu   3.000   8/27/2021   EUR   66.550
Landesbank Baden-Wu   7.500   8/27/2021   EUR   61.380
Landesbank Baden-Wu   2.500   7/24/2020   EUR   65.900
Landesbank Baden-Wu   2.600   7/24/2020   EUR   60.890
Landesbank Baden-Wu   5.250   8/27/2021   EUR   66.920
Landesbank Baden-Wu   6.250   8/27/2021   EUR   64.730
Landesbank Baden-Wu   4.500   8/27/2021   EUR   63.750
Landesbank Baden-Wu   3.000   8/27/2021   EUR   57.380
Landesbank Baden-Wu   2.750   8/27/2021   EUR   64.090
Landesbank Baden-Wu   5.000   8/27/2021   EUR   60.780
Landesbank Baden-Wu   3.250   8/27/2021   EUR   68.230
Landesbank Baden-Wu   4.500   8/27/2021   EUR   73.000
Landesbank Baden-Wu   6.000   8/27/2021   EUR   71.910
Landesbank Baden-Wu   6.000   8/27/2021   EUR   62.760
Vontobel Financial   13.000   06/12/2020  EUR   34.000
Vontobel Financial    7.500   06/12/2020  EUR   38.350
Credit Suisse AG/Lo   8.000   10/02/2020  EUR   50.180
Vontobel Financial   12.000   06/12/2020  EUR   58.700
Vontobel Financial   12.500   09/11/2020  EUR   58.730
Vontobel Financial    9.500   09/11/2020  EUR   61.600
Vontobel Financial   18.500   09/11/2020  EUR   45.190
Vontobel Financial    8.000   06/12/2020  EUR   64.370
Vontobel Financial    9.500   06/12/2020  EUR   71.650
Vontobel Financial    8.000   06/12/2020  EUR   46.030
Vontobel Financial    5.400   9/18/2020   EUR   61.220
UBS AG/London         9.250   07/03/2020  CHF   64.200
UBS AG/London         5.500   07/04/2022  CHF   65.150
Vontobel Financial   13.600   6/19/2020   EUR   64.490
Vontobel Financial   10.000   09/11/2020  EUR   61.910
UniCredit Bank AG     4.100   08/02/2023  EUR   67.180
EFG International F  10.000   01/08/2021  EUR   55.540
Bank Julius Baer &    7.500   07/06/2020  EUR   51.150
Raiffeisen Switzerl  12.480   07/08/2020  EUR   48.820
Raiffeisen Switzerl  12.040   07/08/2020  CHF   48.220
Vontobel Financial   13.500   6/26/2020   EUR   34.260
Bayerische Landesba   3.200   06/12/2020  EUR   61.130
Bayerische Landesba   2.000   12/11/2020  EUR   72.240
Leonteq Securities    7.800  12/21/2020   CHF   54.320
Leonteq Securities    7.400  12/22/2020   CHF   42.670
Landesbank Hessen-T   3.000   6/15/2020   EUR   57.000
Landesbank Hessen-T   3.300   6/15/2020   EUR   57.600
UBS AG/London         7.000   6/15/2020   CHF   73.900
UBS AG/London         8.000   6/15/2020   EUR   34.200
UBS AG/London         5.500   6/15/2020   EUR   51.300
UBS AG/London         8.500   6/15/2020   CHF   30.700
EFG International F   7.200  12/29/2020   CHF   66.070
Bank Julius Baer &    6.000  12/29/2020   USD   45.950
Landesbank Baden-Wu   2.750  12/29/2020   EUR   49.780
Landesbank Baden-Wu   3.400  12/29/2020   EUR   73.140
Landesbank Baden-Wu   4.250  12/29/2020   EUR   32.360
Landesbank Baden-Wu   3.100   2/25/2022   EUR   44.560
Landesbank Baden-Wu   2.300   2/25/2022   EUR   58.570
Landesbank Baden-Wu   2.750   2/25/2022   EUR   61.760
Landesbank Hessen-T   4.000  12/22/2021   EUR   50.720
Landesbank Hessen-T   3.500  12/22/2021   EUR   58.400
DekaBank Deutsche G   4.000   01/07/2021  EUR   65.150
DekaBank Deutsche G   3.250   01/07/2021  EUR   53.230
Bayerische Landesba   3.000   12/04/2020  EUR   53.540
UBS AG/London         8.000   12/07/2020  CHF   66.300
UBS AG/London         9.100   9/24/2020   EUR   45.280
UBS AG/London        10.000   06/12/2020  EUR   35.700
Raiffeisen Centroba   7.500   1/14/2021   EUR   65.150
HSBC Trinkaus & Bur   9.200   6/26/2020   EUR   72.700
Societe Generale Ef  17.000   9/25/2020   EUR   65.010
Societe Generale Ef  15.500  12/28/2020   EUR   71.530
Societe Generale Ef  14.500   1/22/2021   EUR   71.860
Societe Generale Ef  18.250   9/25/2020   EUR   58.750
Societe Generale Ef  13.750  11/27/2020   EUR   65.200
Societe Generale Ef   7.750  12/28/2020   EUR   67.240
Societe Generale Ef   9.750  12/28/2020   EUR   66.270
Societe Generale Ef   7.000   1/22/2021   EUR   67.750
Societe Generale Ef  12.000   8/28/2020   EUR   65.460
Societe Generale Ef   8.000  12/28/2020   EUR   70.430
Societe Generale Ef   9.000  12/28/2020   EUR   69.320
Societe Generale Ef  15.000  12/28/2020   EUR   65.010
Societe Generale Ef   7.000   8/28/2020   EUR   70.470
Societe Generale Ef   8.000   8/28/2020   EUR   69.110
Societe Generale Ef   9.000   8/28/2020   EUR   67.900
Societe Generale Ef  19.000   8/28/2020   EUR   61.410
Societe Generale Ef   6.750   9/25/2020   EUR   71.050
Societe Generale Ef  17.750   9/25/2020   EUR   62.350
Societe Generale Ef   9.750  12/28/2020   EUR   63.900
Societe Generale Ef   6.250  11/27/2020   EUR   70.010
Societe Generale Ef   8.250  11/27/2020   EUR   65.850
Societe Generale Ef  10.250  11/27/2020   EUR   62.990
EFG International F   6.200   2/20/2023   CHF   65.560
Societe Generale Ef   8.250   7/24/2020   EUR   45.310
Societe Generale Ef   9.250   7/24/2020   EUR   44.310
Societe Generale Ef   9.750   7/24/2020   EUR   53.980
Societe Generale Ef  13.500   6/26/2020   EUR   72.270
Societe Generale Ef  17.500   6/26/2020   EUR   65.530
Societe Generale Ef  15.500   6/26/2020   EUR   62.010
Societe Generale Ef  17.500   6/26/2020   EUR   57.010
Societe Generale Ef   6.500   7/24/2020   EUR   70.930
Societe Generale Ef   7.500   7/24/2020   EUR   69.170
Societe Generale Ef  10.750   7/24/2020   EUR   73.170
Societe Generale Ef   8.500   7/24/2020   EUR   73.090
Societe Generale Ef   7.250   7/24/2020   EUR   69.620
Goldman Sachs & Co    8.000   6/24/2020   EUR   66.390
Goldman Sachs & Co    7.000   9/23/2020   EUR   69.810
Goldman Sachs & Co   19.000   9/23/2020   EUR   49.270
Goldman Sachs & Co   15.000  12/23/2020   EUR   53.900
Goldman Sachs & Co    6.000   3/24/2021   EUR   70.140
Goldman Sachs & Co    8.000   3/24/2021   EUR   66.140
Goldman Sachs & Co    9.000   6/24/2020   EUR   69.400
Goldman Sachs & Co   19.000   6/24/2020   EUR   55.410
Societe Generale Ef  11.750   7/24/2020   EUR   75.690
Societe Generale Ef  13.750   7/24/2020   EUR   71.490
Goldman Sachs & Co   10.000   9/23/2020   EUR   67.880
Goldman Sachs & Co   17.000   9/23/2020   EUR   58.360
Goldman Sachs & Co    8.000   3/24/2021   EUR   72.890
Societe Generale Ef   7.000   7/24/2020   EUR   69.420
Societe Generale Ef   8.000   7/24/2020   EUR   67.170
Societe Generale Ef   9.000   7/24/2020   EUR   65.200
Goldman Sachs & Co    9.000   9/23/2020   EUR   51.630
Goldman Sachs & Co   14.000   9/23/2020   EUR   46.420
Goldman Sachs & Co   17.000   9/23/2020   EUR   43.800
Goldman Sachs & Co    3.000  12/23/2020   EUR   65.530
Goldman Sachs & Co    5.000  12/23/2020   EUR   59.410
Goldman Sachs & Co    6.000  12/23/2020   EUR   56.790
Goldman Sachs & Co    7.000  12/23/2020   EUR   54.500
Goldman Sachs & Co   10.000  12/23/2020   EUR   51.160
Goldman Sachs & Co    2.000   3/24/2021   EUR   72.760
Goldman Sachs & Co    3.000   3/24/2021   EUR   66.200
Goldman Sachs & Co    3.000   3/24/2021   EUR   69.900
Goldman Sachs & Co    4.000   3/24/2021   EUR   63.540
Goldman Sachs & Co    5.000   3/24/2021   EUR   61.040
Societe Generale Ef   7.750   7/24/2020   EUR   67.610
Goldman Sachs & Co    8.000   3/24/2021   EUR   54.920
Goldman Sachs & Co   14.000   3/24/2021   EUR   49.720
Societe Generale Ef   8.500   7/24/2020   EUR   71.660
Societe Generale Ef   9.500   7/24/2020   EUR   70.380
Societe Generale Ef  19.500   6/26/2020   EUR   62.710
Societe Generale Ef  12.750   7/24/2020   EUR   72.220
Goldman Sachs & Co   15.000   9/23/2020   EUR   70.900
Societe Generale Ef   9.000   7/24/2020   EUR   66.420
Societe Generale Ef  13.000   7/24/2020   EUR   60.850
Societe Generale Ef   7.000   7/24/2020   EUR   59.220
Goldman Sachs & Co   19.000   6/24/2020   EUR   65.870
Banque Cantonale Va   4.500   3/29/2021   CHF   48.770
Vontobel Financial   16.000   06/12/2020  EUR   61.390
Landesbank Baden-Wu   2.500   9/25/2020   EUR   61.580
Landesbank Baden-Wu   4.500   9/25/2020   EUR   57.990
Landesbank Baden-Wu   4.000   9/25/2020   EUR   64.020
Landesbank Baden-Wu   2.500   9/25/2020   EUR   68.510
Landesbank Baden-Wu   3.000   9/25/2020   EUR   59.940
Landesbank Baden-Wu   6.000   9/25/2020   EUR   65.140
Landesbank Baden-Wu   5.000   9/25/2020   EUR   58.080
Landesbank Baden-Wu   6.000   9/25/2020   EUR   64.440
Landesbank Baden-Wu   7.000   9/25/2020   EUR   73.620
Leonteq Securities   10.600   7/26/2021   USD   52.430
Landesbank Baden-Wu   3.000   9/25/2020   EUR   61.000
Leonteq Securities    9.000  10/26/2020   EUR   67.280
Landesbank Baden-Wu   5.000   9/25/2020   EUR   59.520
Landesbank Baden-Wu   5.000   9/25/2020   EUR   57.300
Landesbank Baden-Wu   3.000   9/25/2020   EUR   69.870
Landesbank Baden-Wu   3.000   9/25/2020   EUR   64.800
Landesbank Baden-Wu   4.000   9/25/2020   EUR   56.040
Landesbank Baden-Wu   3.000   9/25/2020   EUR   65.210
BNP Paribas Emissio  13.000   6/25/2020   EUR   75.970
Goldman Sachs & Co   19.000   6/24/2020   EUR   59.050
Goldman Sachs & Co   21.000   6/24/2020   EUR   57.240
Goldman Sachs & Co   15.000  12/23/2020   EUR   63.410
Goldman Sachs & Co   14.000   3/24/2021   EUR   66.110
Goldman Sachs & Co   14.000   6/24/2020   EUR   56.160
Goldman Sachs & Co    8.000   9/23/2020   EUR   63.150
Goldman Sachs & Co   10.000   9/23/2020   EUR   60.230
Goldman Sachs & Co   15.000   9/23/2020   EUR   52.770
Goldman Sachs & Co    5.000  12/23/2020   EUR   66.400
Goldman Sachs & Co   10.000  12/23/2020   EUR   57.450
Goldman Sachs & Co   16.000  12/23/2020   EUR   51.210
Goldman Sachs & Co    7.000   3/24/2021   EUR   62.230
Goldman Sachs & Co    8.000   3/24/2021   EUR   61.070
Goldman Sachs & Co   15.000   3/24/2021   EUR   54.970
Goldman Sachs & Co    5.000   6/24/2020   EUR   67.390
Goldman Sachs & Co    8.000   6/24/2020   EUR   58.060
Goldman Sachs & Co   15.000   6/24/2020   EUR   47.420
Goldman Sachs & Co   19.000   6/24/2020   EUR   42.850
Goldman Sachs & Co    4.000   9/23/2020   EUR   69.400
Goldman Sachs & Co    5.000   9/23/2020   EUR   67.100
Goldman Sachs & Co    8.000   9/23/2020   EUR   59.400
Goldman Sachs & Co    6.000  12/23/2020   EUR   61.890
Goldman Sachs & Co    9.000  12/23/2020   EUR   56.610
Goldman Sachs & Co   15.000  12/23/2020   EUR   49.710
Goldman Sachs & Co    4.000   3/24/2021   EUR   68.160
Goldman Sachs & Co    7.000   3/24/2021   EUR   60.900
Goldman Sachs & Co   10.000   3/24/2021   EUR   55.270
Goldman Sachs & Co   13.000   3/24/2021   EUR   51.480
Vontobel Financial   20.000   9/25/2020   EUR   71.970
Vontobel Financial   10.000   9/25/2020   EUR   48.820
UBS AG/London         7.000   04/06/2021  CHF   70.550
UBS AG/London        15.000   04/05/2021  USD   44.790
Vontobel Financial   11.000   6/26/2020   EUR   55.900
Deutsche Bank AG      6.200  12/22/2020   EUR   67.600
Deutsche Bank AG      6.200   6/23/2020   EUR   56.690
Deutsche Bank AG      6.200  12/22/2020   EUR   60.180
DZ Bank AG Deutsche   9.000   6/24/2020   EUR   62.710
DZ Bank AG Deutsche   6.500   9/23/2020   EUR   58.990
DZ Bank AG Deutsche   5.750   9/23/2020   EUR   67.770
DekaBank Deutsche G   3.100   4/30/2021   EUR   71.610
Societe Generale Ef  12.750   6/26/2020   EUR   57.030
Banque Cantonale Va   4.500   3/29/2021   EUR   49.110
Bank Julius Baer &    6.360   7/30/2020   CHF   71.800
Zurcher Kantonalban   9.000   7/30/2021   EUR   58.320
Raiffeisen Centroba   8.959   6/23/2020   EUR   59.320
Landesbank Baden-Wu   5.750   1/22/2021   EUR   73.130
Landesbank Baden-Wu   5.250   1/22/2021   EUR   72.420
Landesbank Baden-Wu   7.000   2/26/2021   EUR   63.460
Landesbank Baden-Wu   5.250   1/22/2021   EUR   67.970
Landesbank Baden-Wu   2.000   1/22/2021   EUR   70.970
Landesbank Baden-Wu   4.000   1/22/2021   EUR   71.340
Landesbank Baden-Wu   3.000   7/22/2022   EUR   70.410
Leonteq Securities    5.600   04/04/2022  CHF   69.450
Vontobel Financial    5.000   06/01/2020  EUR   60.505
Vontobel Financial    7.200   7/31/2020   EUR   55.570
Vontobel Financial    5.500   08/07/2020  CHF   67.160
Vontobel Financial    8.900   08/07/2020  USD   66.910
UBS AG/London         8.000   7/31/2020   CHF   72.600
UBS AG/London         9.000   08/02/2021  CHF   70.800
UBS AG/London         4.000   08/02/2022  CHF   71.200
UBS AG/London         4.500   08/01/2022  EUR   72.000
UBS AG/London         6.000   08/02/2021  EUR   68.000
EFG International F  11.000   02/02/2021  EUR   49.550
Deutsche Bank AG      8.200   9/22/2020   EUR   57.300
Societe Generale Ef   3.750   6/26/2020   EUR   53.830
Societe Generale Ef   4.750   6/26/2020   EUR   51.800
Societe Generale Ef   5.750   6/26/2020   EUR   50.200
Credit Suisse AG/Lo   7.000  10/26/2020   CHF   64.370
Credit Suisse AG/Lo   5.000   7/30/2021   CHF   65.450
Credit Suisse AG/Lo   4.200   1/29/2021   CHF   64.890
Zurcher Kantonalban   6.800   1/29/2021   EUR   68.410
DZ Bank AG Deutsche   4.900   6/22/2020   EUR   46.150
Vontobel Financial   12.000   9/25/2020   EUR   62.040
Landesbank Baden-Wu   4.750   5/27/2022   EUR   69.280
Landesbank Baden-Wu   3.300   5/27/2022   EUR   52.760
DZ Bank AG Deutsche  13.100   6/26/2020   EUR   57.850
DZ Bank AG Deutsche   4.700  12/28/2020   EUR   73.640
DZ Bank AG Deutsche   7.300  12/28/2020   EUR   62.190
DZ Bank AG Deutsche   7.000   6/26/2020   EUR   46.170
DZ Bank AG Deutsche   5.200   9/25/2020   EUR   50.220
DZ Bank AG Deutsche   7.600   9/25/2020   EUR   65.270
DZ Bank AG Deutsche  10.000   9/25/2020   EUR   60.910
DZ Bank AG Deutsche   6.900  12/28/2020   EUR   66.240
Societe Generale Ef  11.500   6/26/2020   EUR   69.340
Societe Generale Ef   5.000   6/26/2020   EUR   70.350
DZ Bank AG Deutsche  11.900  12/28/2020   EUR   68.050
DZ Bank AG Deutsche   7.700  12/28/2020   EUR   68.410
Bank Julius Baer &   10.300   06/12/2020  CHF   73.650
DZ Bank AG Deutsche   9.500   6/26/2020   EUR   66.690
DZ Bank AG Deutsche  15.100   6/26/2020   EUR   60.600
DZ Bank AG Deutsche   4.900  12/28/2020   EUR   72.740
DZ Bank AG Deutsche   7.600   9/25/2020   EUR   61.590
DZ Bank AG Deutsche  13.500  12/28/2020   EUR   55.050
DZ Bank AG Deutsche  10.700   6/26/2020   EUR   57.210
DZ Bank AG Deutsche  17.000   6/26/2020   EUR   33.410
DZ Bank AG Deutsche  11.500   9/25/2020   EUR   38.780
Vontobel Financial    4.700   9/18/2020   EUR   53.620
Vontobel Financial    8.000   9/25/2020   EUR   57.030
UBS AG/London         4.500   02/01/2021  CHF   65.050
Leonteq Securities    8.000   08/05/2021  CHF   39.720
Leonteq Securities    6.500   08/05/2021  CHF   71.550
Leonteq Securities   16.400   11/05/2020  CHF   46.880
Leonteq Securities    9.200   08/02/2021  USD   64.600
EFG International F  13.500   08/05/2020  USD   56.060
Vontobel Financial   27.500   08/12/2020  USD   71.370
Corner Banca SA       7.500   08/05/2022  CHF   69.220
Corner Banca SA       9.000   11/05/2020  CHF   67.850
Corner Banca SA      17.000   08/05/2020  CHF   43.580
Societe Generale Ef   6.500   6/26/2020   EUR   46.990
Societe Generale Ef  10.500   6/26/2020   EUR   42.190
Raiffeisen Schweiz    5.200   08/02/2022  CHF   65.120
Raiffeisen Centroba   6.750   09/07/2021  EUR   53.190
Vontobel Financial    2.500   09/11/2020  EUR   52.950
Vontobel Financial    4.500   09/11/2020  EUR   49.160
Vontobel Financial   10.500   09/11/2020  EUR   43.630
Vontobel Financial    7.500   09/11/2020  EUR   45.920
Vontobel Financial    8.000   09/11/2020  EUR   72.840
Vontobel Financial   16.500   09/11/2020  EUR   68.980
Vontobel Financial    3.500   09/11/2020  EUR   74.200
Vontobel Financial   13.500   09/11/2020  EUR   63.660
Vontobel Financial   15.500   06/12/2020  EUR   55.720
Vontobel Financial   10.500   06/12/2020  EUR   61.600
Vontobel Financial    6.500   09/11/2020  EUR   69.130
Vontobel Financial    8.500   09/11/2020  EUR   66.350
Vontobel Financial   11.610   8/17/2020   EUR   73.620
Vontobel Financial   11.500   09/11/2020  EUR   70.670
Vontobel Financial    9.500   06/12/2020  EUR   72.610
Vontobel Financial    7.000   06/12/2020  EUR   71.950
Vontobel Financial   12.500   06/12/2020  EUR   66.320
Vontobel Financial    8.500   09/11/2020  EUR   70.610
Vontobel Financial   12.500   09/11/2020  EUR   66.450
Vontobel Financial   13.000   09/11/2020  EUR   70.460
Vontobel Financial    6.000   12/11/2020  EUR   61.930
Vontobel Financial    3.500   06/12/2020  EUR   64.840
Vontobel Financial    7.500   09/11/2020  EUR   60.110
Vontobel Financial    2.500   09/11/2020  EUR   55.330
Vontobel Financial   16.080  11/23/2020   EUR   49.320
Vontobel Financial    9.000   09/11/2020  EUR   49.800
Vontobel Financial   11.500   09/11/2020  EUR   66.720
Vontobel Financial    7.000   12/11/2020  EUR   66.810
Vontobel Financial    5.000   12/11/2020  EUR   70.460
Vontobel Financial   12.500   09/11/2020  EUR   53.510
Vontobel Financial   11.500   09/11/2020  EUR   57.220
Vontobel Financial    4.000   12/11/2020  EUR   70.550
Zurcher Kantonalban   6.000   5/25/2021   CHF   69.390
DZ Bank AG Deutsche   7.750  12/23/2020   EUR   66.530
DZ Bank AG Deutsche   8.250   3/24/2021   EUR   46.730
DZ Bank AG Deutsche   1.900   2/24/2021   EUR
Societe Generale Ef  14.250   1/22/2021   EUR   69.020
Societe Generale Ef   6.000  12/28/2020   EUR   70.240
Societe Generale Ef   6.000   8/28/2020   EUR   46.530
Societe Generale Ef  11.750  10/23/2020   EUR   45.570
Societe Generale Ef  14.000   9/25/2020   EUR   66.160
Societe Generale Ef  11.500  10/23/2020   EUR   46.000
Societe Generale Ef   8.000  10/23/2020   EUR   66.560
Societe Generale Ef  12.250   1/22/2021   EUR   70.230
Societe Generale Ef   6.250   8/28/2020   EUR   72.140
Societe Generale Ef   5.000  10/23/2020   EUR   73.800
Societe Generale Ef   7.000  10/23/2020   EUR   72.000
Societe Generale Ef  22.000   8/28/2020   EUR   69.150
Societe Generale Ef  17.750  12/28/2020   EUR   69.620
Vontobel Financial   10.000   9/25/2020   EUR   63.580
Vontobel Financial    5.500   09/11/2020  EUR   69.150
Vontobel Financial    8.500   12/11/2020  EUR   71.010
Vontobel Financial   11.000   12/11/2020  EUR   67.810
Vontobel Financial   11.500   12/11/2020  EUR   60.310
Vontobel Financial    8.500   09/11/2020  EUR   72.140
Vontobel Financial   13.000   09/11/2020  EUR   38.440
Societe Generale Ef   9.500   2/19/2021   EUR   55.170
Vontobel Financial    5.000   09/11/2020  EUR   44.340
Zurcher Kantonalban   6.000   5/25/2021   CHF   73.500
Zurcher Kantonalban   4.000   5/25/2021   EUR   60.290
Zurcher Kantonalban   6.800   5/25/2021   EUR   59.770
Vontobel Financial   12.000   09/11/2020  EUR   62.220
Vontobel Financial   13.000   09/11/2020  EUR   60.880
Vontobel Financial   14.000   09/11/2020  EUR   59.590
Vontobel Financial   15.500   09/11/2020  EUR   58.490
DZ Bank AG Deutsche   8.500   6/24/2020   EUR   41.420
DZ Bank AG Deutsche  10.250   6/24/2020   EUR   71.660
DZ Bank AG Deutsche   5.750   8/26/2020   EUR   50.700
Vontobel Financial   14.250   2/18/2021   EUR   64.570
Credit Suisse AG/Lo   8.250   11/05/2020  EUR   69.510
Zurcher Kantonalban   6.600   02/05/2021  EUR   67.090
Zurcher Kantonalban   8.000   8/13/2021   CHF   71.350
Zurcher Kantonalban   7.000   08/07/2020  EUR   57.670
Leonteq Securities   13.750   2/17/2021   EUR   53.710
Leonteq Securities    6.000   8/17/2022   CHF   62.020
Leonteq Securities   15.470   5/18/2021   CHF   62.560
Raiffeisen Schweiz    6.300   2/17/2022   CHF   65.030
UniCredit Bank AG    18.100   3/26/2021   EUR   68.380
UniCredit Bank AG    16.300   3/26/2021   EUR   68.840
Landesbank Hessen-T   4.000   3/20/2023   EUR   71.280
UniCredit Bank AG    14.300   3/26/2021   EUR   68.840
UniCredit Bank AG    14.800   6/25/2021   EUR   71.080
UniCredit Bank AG    19.300  12/28/2020   EUR   67.220
Corner Banca SA       8.410   08/06/2020  EUR   65.860
UBS AG/London         6.500   9/24/2020   EUR   52.390
Zurcher Kantonalban   6.000   5/27/2021   CHF   65.160
UBS AG/London         2.900  12/28/2020   EUR   71.970
UBS AG/London         4.900   9/24/2020   EUR   63.150
UniCredit Bank AG    18.100   6/26/2020   EUR   48.880
UniCredit Bank AG    18.300   3/26/2021   EUR   53.350
UniCredit Bank AG    17.900   9/25/2020   EUR   69.500
UniCredit Bank AG    18.600   3/26/2021   EUR   67.300
Zurcher Kantonalban  10.000   5/25/2021   EUR   63.780
Zurcher Kantonalban   8.000   8/20/2021   USD   66.110
UBS AG/London         8.400  12/28/2020   EUR   75.430
UniCredit Bank AG    14.000  12/24/2021   EUR   69.320
UniCredit Bank AG    19.700   3/26/2021   EUR   67.060
UBS AG/London         3.700  12/28/2020   EUR   67.580
DZ Bank AG Deutsche  15.900  12/28/2020   EUR   47.380
DZ Bank AG Deutsche  20.000  12/28/2020   EUR   65.220
DZ Bank AG Deutsche  16.800   3/26/2021   EUR   67.080
DZ Bank AG Deutsche  10.700   2/26/2021   EUR   48.910
DZ Bank AG Deutsche   7.000   6/25/2021   EUR   51.140
DZ Bank AG Deutsche   9.300   6/25/2021   EUR   50.890
DZ Bank AG Deutsche  15.700   9/25/2020   EUR   70.050
DZ Bank AG Deutsche   9.900   3/26/2021   EUR   73.280
DZ Bank AG Deutsche   6.900   6/25/2021   EUR   73.070
DZ Bank AG Deutsche   6.200   2/26/2021   EUR   67.560
DZ Bank AG Deutsche   9.100   6/25/2021   EUR
DZ Bank AG Deutsche   9.800   6/25/2021   EUR
DZ Bank AG Deutsche  14.000   2/26/2021   EUR   73.030
DZ Bank AG Deutsche  13.400   6/25/2021   EUR   70.780
DZ Bank AG Deutsche  14.900   6/25/2021   EUR   69.710
UBS AG/London        13.200   9/24/2020   EUR   71.290
UBS AG/London         9.300   9/24/2020   EUR   58.480
UBS AG/London         7.100   9/24/2020   EUR   65.620
DZ Bank AG Deutsche  12.000   6/25/2021   EUR   69.180
DZ Bank AG Deutsche   9.800   6/25/2021   EUR   71.710
DZ Bank AG Deutsche  19.000   9/25/2020   EUR
DZ Bank AG Deutsche  15.600  12/28/2020   EUR
DZ Bank AG Deutsche  20.800  12/28/2020   EUR   68.630
DZ Bank AG Deutsche   9.000   3/26/2021   EUR   64.750
DZ Bank AG Deutsche   8.300   6/25/2021   EUR   65.790
DZ Bank AG Deutsche  13.600   6/25/2021   EUR   63.150
DZ Bank AG Deutsche   8.000   9/25/2020   EUR
DZ Bank AG Deutsche  11.200   2/26/2021   EUR
DZ Bank AG Deutsche  10.700   2/26/2021   EUR   67.340
DZ Bank AG Deutsche  13.400   2/26/2021   EUR   66.080
DZ Bank AG Deutsche   7.400   6/25/2021   EUR   70.090
DZ Bank AG Deutsche   9.200   6/25/2021   EUR   68.640
DZ Bank AG Deutsche  11.200   6/25/2021   EUR   67.770
Societe Generale Ef  15.250   6/26/2020   EUR   73.130
Societe Generale Ef   5.250   9/25/2020   EUR   46.880
Societe Generale Ef   3.750  10/23/2020   EUR   47.920
Societe Generale Ef  18.000  11/27/2020   EUR   69.730
Societe Generale Ef   3.250   8/28/2020   EUR   73.440
Societe Generale Ef   4.000   8/28/2020   EUR   47.090
Societe Generale Ef  10.000   8/28/2020   EUR   44.240
Societe Generale Ef  11.750  11/27/2020   EUR   69.400
Societe Generale Ef   3.000   8/28/2020   EUR   51.710
Vontobel Financial    4.700   02/08/2021  EUR   70.520
Vontobel Financial    6.400   9/18/2020   EUR   53.710
Credit Suisse AG/Lo   9.000   08/03/2020  USD   56.960
Credit Suisse AG/Lo  11.000   08/06/2020  USD   51.200
Zurcher Kantonalban  10.000   5/18/2021   CHF   55.790
Zurcher Kantonalban   7.000   5/19/2021   CHF   73.600
Zurcher Kantonalban   9.750   8/26/2021   USD   62.000
Zurcher Kantonalban   9.250   8/26/2021   CHF   43.390
Zurcher Kantonalban   8.000   2/25/2022   CHF   51.740
EFG International F   6.400   08/09/2022  CHF   72.690
EFG International F   9.800   08/09/2021  USD   65.730
Societe Generale Ef   9.000   7/24/2020   EUR   70.610
Societe Generale Ef  14.750   8/28/2020   EUR   55.310
Raiffeisen Schweiz    6.000   2/19/2021   EUR   50.880
Vontobel Financial   20.000   9/25/2020   EUR   58.000
Bank Julius Baer &    9.050   08/07/2020  USD   67.200
UBS AG/London         8.000   02/08/2021  CHF   64.900
UBS AG/London         6.500   08/08/2022  CHF   68.200
UBS AG/London         7.250   02/08/2021  CHF   40.400
UBS AG/London         7.500   02/08/2021  EUR   70.800
Leonteq Securities   13.910   11/06/2020  CHF   47.160
Vontobel Financial   12.000   08/10/2020  EUR   60.750
Vontobel Financial    6.800   08/07/2020  CHF   65.490
Societe Generale Ef  13.500   6/26/2020   EUR   54.590
Societe Generale Ef  12.250   6/26/2020   EUR   71.580
Societe Generale Ef  16.250   6/26/2020   EUR   65.130
Societe Generale Ef  10.500   6/26/2020   EUR   72.900
Societe Generale Ef   9.750   6/26/2020   EUR   67.820
Societe Generale Ef   4.000   6/26/2020   EUR   62.560
Societe Generale Ef  14.000   6/26/2020   EUR   65.810
Societe Generale Ef   9.500   7/24/2020   EUR   55.790
Societe Generale Ef  14.500   6/26/2020   EUR   71.580
UBS AG/London        13.000   2/22/2021   USD   72.950
Vontobel Financial   12.000   2/22/2021   USD   69.820
Vontobel Financial   12.000   8/26/2020   EUR   63.620
Banque Cantonale Va   5.800   08/09/2021  CHF   56.720
UniCredit Bank AG     5.500   9/25/2020   EUR   62.150
UniCredit Bank AG    13.600   6/25/2021   EUR   70.220
UniCredit Bank AG    14.500  12/28/2020   EUR   74.420
UBS AG/London         5.750   8/20/2021   EUR   67.100
UniCredit Bank AG    12.100   6/26/2020   EUR   69.400
Leonteq Securities   20.000   11/09/2020  CHF   52.200
Leonteq Securities   10.000   08/09/2021  CHF   53.590
Leonteq Securities    8.000   08/09/2021  EUR   71.630
Leonteq Securities    9.400   08/09/2021  EUR   62.330
Bayerische Landesba   2.850   1/22/2021   EUR   54.280
HSBC Trinkaus & Bur   5.200   6/26/2020   EUR   58.280
HSBC Trinkaus & Bur   6.300   6/26/2020   EUR   43.360
HSBC Trinkaus & Bur   4.200   6/26/2020   EUR   48.180
BNP Paribas Emissio   7.500   6/25/2020   EUR   46.370
DekaBank Deutsche G   3.200   1/15/2021   EUR   49.450
HSBC Trinkaus & Bur   6.700   6/26/2020   EUR   40.340
HSBC Trinkaus & Bur   5.600  12/28/2020   EUR   32.150
HSBC Trinkaus & Bur   6.300  12/28/2020   EUR   70.520
HSBC Trinkaus & Bur   5.700   6/25/2021   EUR   50.560
HSBC Trinkaus & Bur   5.000   6/26/2020   EUR   65.170
HSBC Trinkaus & Bur   7.000   6/26/2020   EUR   57.240
HSBC Trinkaus & Bur   9.500   6/26/2020   EUR   40.890
HSBC Trinkaus & Bur   7.100   6/26/2020   EUR   63.970
HSBC Trinkaus & Bur   8.900   9/25/2020   EUR   69.740
HSBC Trinkaus & Bur   7.400   9/25/2020   EUR   73.310
HSBC Trinkaus & Bur   3.100   9/25/2020   EUR   67.580
HSBC Trinkaus & Bur   8.800   9/25/2020   EUR   30.250
HSBC Trinkaus & Bur   2.900   9/25/2020   EUR   41.370
HSBC Trinkaus & Bur   8.700   6/26/2020   EUR   65.390
BNP Paribas Emissio   9.500   6/25/2020   EUR   66.290
SG Issuer SA          6.000   6/24/2020   EUR   65.990
Societe Generale Ef   9.000   9/25/2020   EUR   69.500
Societe Generale Ef  11.000   9/25/2020   EUR   67.950
Societe Generale Ef  13.000   9/25/2020   EUR   66.730
Societe Generale Ef  15.000   9/25/2020   EUR   65.770
Societe Generale Ef  19.000   9/25/2020   EUR   64.340
Societe Generale Ef  21.000   9/25/2020   EUR   63.800
DZ Bank AG Deutsche  15.100   9/25/2020   EUR   71.710
DZ Bank AG Deutsche  18.700   9/25/2020   EUR   69.440
DZ Bank AG Deutsche  22.800   9/25/2020   EUR   67.570
DZ Bank AG Deutsche  14.000  12/28/2020   EUR   71.010
Societe Generale Ef   6.750  10/23/2020   EUR   71.410
Societe Generale Ef   8.750  10/23/2020   EUR   69.410
Societe Generale Ef  10.750  10/23/2020   EUR   67.900
Societe Generale Ef  12.750  10/23/2020   EUR   66.680
Societe Generale Ef  14.750  10/23/2020   EUR   65.750
Societe Generale Ef  16.750  10/23/2020   EUR   65.080
Societe Generale Ef  18.750  10/23/2020   EUR   64.490
Societe Generale Ef   6.500  11/27/2020   EUR   71.260
Societe Generale Ef   8.500  11/27/2020   EUR   68.880
Societe Generale Ef  10.500  11/27/2020   EUR   67.670
Societe Generale Ef  12.500  11/27/2020   EUR   66.560
Societe Generale Ef  14.500  11/27/2020   EUR   65.790
Societe Generale Ef  16.500  11/27/2020   EUR   65.180
Societe Generale Ef   7.000  12/28/2020   EUR   69.680
Societe Generale Ef   9.000  12/28/2020   EUR   68.380
Societe Generale Ef  11.000  12/28/2020   EUR   67.200
Societe Generale Ef  13.000  12/28/2020   EUR   66.320
Societe Generale Ef  15.000  12/28/2020   EUR   65.640
Societe Generale Ef  18.500   9/25/2020   EUR   70.730
Societe Generale Ef  20.500   9/25/2020   EUR   69.450
DZ Bank AG Deutsche  16.700  12/28/2020   EUR   69.530
DZ Bank AG Deutsche  19.700  12/28/2020   EUR   68.530
DZ Bank AG Deutsche  11.500   3/26/2021   EUR   71.760
DZ Bank AG Deutsche  13.600   3/26/2021   EUR   70.610
DZ Bank AG Deutsche  15.800   3/26/2021   EUR   69.950
DZ Bank AG Deutsche   9.900   6/25/2021   EUR   72.570
DZ Bank AG Deutsche  11.600   6/25/2021   EUR   71.480
DZ Bank AG Deutsche  13.400   6/25/2021   EUR   70.860
Societe Generale Ef  16.750  10/23/2020   EUR   71.520
Societe Generale Ef  18.750  10/23/2020   EUR   70.160
Societe Generale Ef  16.750  11/27/2020   EUR   70.980
Vontobel Financial   13.500   3/26/2021   EUR   73.560
UBS AG/London        10.750   3/18/2021   CHF   72.500
UBS AG/London        11.500   3/18/2021   CHF   72.200
UBS AG/London        14.250   3/18/2021   CHF   16.200
Societe Generale SA   3.000   11/07/2031  EUR   45.750
EFG International F   8.200   07/04/2022  CHF   65.080
Vontobel Financial    5.500   6/26/2020   EUR   58.890
Vontobel Financial   10.500   6/26/2020   EUR   51.900
Vontobel Financial   14.000   6/26/2020   EUR   67.040
Vontobel Financial    6.000   6/26/2020   EUR   40.920
Vontobel Financial    8.000   6/26/2020   EUR   38.350
Vontobel Financial    7.000   6/26/2020   EUR   39.590
Vontobel Financial    9.500   6/26/2020   EUR   37.230
Vontobel Financial   10.500   6/26/2020   EUR   36.150
Vontobel Financial   12.000   6/26/2020   EUR   35.170
Vontobel Financial   14.500   6/26/2020   EUR   72.080
Vontobel Financial   24.000   6/26/2020   EUR   55.290
Vontobel Financial   19.500   6/26/2020   EUR   62.720
Vontobel Financial    6.500   6/26/2020   EUR   55.620
Vontobel Financial   11.000   6/26/2020   EUR   45.130
Vontobel Financial    7.500   6/26/2020   EUR   48.520
Vontobel Financial    8.500   6/26/2020   EUR   69.230
Vontobel Financial   11.500   6/26/2020   EUR   62.960
Vontobel Financial   12.500   6/26/2020   EUR   41.820
Vontobel Financial   17.000   6/26/2020   EUR   38.960
Vontobel Financial    4.000   6/26/2020   EUR   72.770
Vontobel Financial   14.500   6/26/2020   EUR   60.270
Vontobel Financial    6.000   6/26/2020   EUR   65.130
Vontobel Financial   15.000   6/26/2020   EUR   53.950
Bank Julius Baer &   11.350   07/06/2020  EUR   61.750
Vontobel Financial   16.000   6/26/2020   EUR   64.790
Vontobel Financial   19.000   6/25/2020   EUR   72.130
Vontobel Financial    3.000   6/26/2020   EUR   63.200
Vontobel Financial    6.000   6/26/2020   EUR   58.750
Vontobel Financial   10.000   6/26/2020   EUR   55.260
Vontobel Financial   20.000   6/26/2020   EUR   58.970
Vontobel Financial   11.000   6/26/2020   EUR   73.310
Vontobel Financial   12.000   6/26/2020   EUR   70.970
Leonteq Securities   18.000   10/05/2020  CHF   62.710
Leonteq Securities   11.200   10/05/2020  CHF   72.700
Corner Banca SA      11.300   07/08/2020  EUR   57.250
Leonteq Securities    7.600   07/05/2021  CHF   68.190
Leonteq Securities    7.800   07/08/2021  CHF   72.780
Raiffeisen Schweiz    8.750   10/05/2020  CHF   42.740
Raiffeisen Schweiz    5.250   07/05/2021  CHF   56.000
Raiffeisen Schweiz    5.000   07/05/2022  CHF   68.830
UniCredit Bank AG     4.600   8/14/2023   EUR   70.930
Societe Generale Ef   5.500   6/26/2020   EUR   70.400
Raiffeisen Switzerl   4.800  11/23/2023   CHF   42.790
Landesbank Hessen-T   3.000  12/22/2022   EUR   68.140
Landesbank Hessen-T   6.250  12/22/2022   EUR   31.390
UniCredit Bank AG     4.450  12/29/2022   EUR   40.430
UniCredit Bank AG     4.300  12/19/2021   EUR   46.890
UniCredit Bank AG     4.700  12/19/2021   EUR   36.500
UniCredit Bank AG     5.500  12/19/2020   EUR   56.510
Natixis SA            3.690   11/09/2020  USD   36.940
Corner Banca SA      10.000   12/01/2020  CHF   50.180
Landesbank Hessen-T   3.250   07/08/2020  EUR   47.400
UniCredit Bank AG     4.150  12/28/2021   EUR   73.060
Leonteq Securities    6.400   06/04/2020  CHF    8.400
Leonteq Securities    8.000   06/04/2020  EUR   63.570
Vontobel Financial   11.500   6/26/2020   EUR   64.880
Vontobel Financial   17.000   9/25/2020   EUR   59.200
Vontobel Financial    7.500   9/25/2020   EUR   71.710
Zurcher Kantonalban   7.170   2/17/2021   CHF   63.730
Raiffeisen Schweiz    5.400   8/17/2022   CHF   60.150
Raiffeisen Schweiz    7.800   2/14/2022   EUR   62.630
Raiffeisen Schweiz    8.000   2/14/2022   CHF   63.590
Raiffeisen Schweiz   10.500   2/17/2021   CHF   54.130
Raiffeisen Schweiz    5.250   2/14/2022   CHF   72.160
Societe Generale Ef   4.500   6/26/2020   EUR   50.790
Societe Generale Ef   8.500   6/26/2020   EUR   44.300
Societe Generale Ef  12.500   6/26/2020   EUR   40.460
Vontobel Financial    9.000   06/12/2020  EUR   73.930
Vontobel Financial    8.000   09/11/2020  EUR   68.160
Vontobel Financial   10.500   06/12/2020  EUR   60.570
Vontobel Financial   14.500   09/11/2020  EUR   56.900
Vontobel Financial   16.500   06/12/2020  EUR   54.220
Vontobel Financial    7.500   09/11/2020  EUR   67.830
Vontobel Financial   11.000   09/11/2020  EUR   63.610
Vontobel Financial    7.000   09/11/2020  EUR   77.030
Vontobel Financial   11.500   06/12/2020  EUR   71.830
Vontobel Financial   13.500   06/12/2020  EUR   53.330
Vontobel Financial   16.500   09/11/2020  EUR   52.930
Vontobel Financial    5.500   09/11/2020  EUR   52.170
Vontobel Financial   10.000   06/12/2020  EUR   43.350
Vontobel Financial    8.000   09/11/2020  EUR   70.820
Vontobel Financial   12.500   12/11/2020  EUR   66.520
Vontobel Financial    8.500   12/11/2020  EUR   70.020
Vontobel Financial    9.500   12/11/2020  EUR   64.280
Vontobel Financial   17.500   09/11/2020  EUR   51.800
Vontobel Financial    8.000   12/11/2020  EUR   62.260
Vontobel Financial   12.500   12/11/2020  EUR   56.640
Zurcher Kantonalban  10.000   2/25/2021   CHF   70.920
Zurcher Kantonalban   6.000   5/25/2021   CHF   57.040
DZ Bank AG Deutsche   7.000   2/24/2021   EUR   71.500
Societe Generale Ef  13.250   1/22/2021   EUR   69.610
Societe Generale Ef   6.000  10/23/2020   EUR   69.800
Societe Generale Ef  17.000  10/23/2020   EUR   67.000
Societe Generale Ef  16.000  11/27/2020   EUR   67.840
Societe Generale Ef  10.250   1/22/2021   EUR   71.770
Societe Generale Ef  11.250   1/22/2021   EUR   70.990
Societe Generale Ef   7.500   9/25/2020   EUR   71.510
Societe Generale Ef   6.000  10/23/2020   EUR   72.810
Societe Generale Ef  23.000   8/28/2020   EUR   68.520
Vontobel Financial    3.500   12/11/2020  EUR   71.420
Vontobel Financial    7.000   12/11/2020  EUR   64.990
Vontobel Financial   11.500   09/11/2020  EUR   67.930
Vontobel Financial    9.500   06/12/2020  EUR   71.240
Vontobel Financial    9.000   09/11/2020  EUR   72.550
Vontobel Financial    7.500   09/11/2020  EUR   41.940
Vontobel Financial   10.000   09/11/2020  EUR   39.950
Zurcher Kantonalban  10.000   5/25/2021   CHF   68.300
Zurcher Kantonalban   5.600   5/25/2021   CHF   62.680
Zurcher Kantonalban   8.000   5/25/2021   EUR   64.370
Zurcher Kantonalban   6.000   5/25/2021   EUR   57.240
Zurcher Kantonalban   6.500   5/25/2021   EUR   67.390
Zurcher Kantonalban   8.600   8/25/2021   USD   71.260
Credit Suisse AG/Lo   9.500   2/16/2021   USD   72.260
Vontobel Financial    9.500   09/11/2020  EUR   64.840
DZ Bank AG Deutsche   6.000   6/24/2020   EUR   64.520
DZ Bank AG Deutsche   7.500   9/23/2020   EUR   61.690
DZ Bank AG Deutsche   5.250   8/26/2020   EUR   48.260
Societe Generale Ef  17.000   6/26/2020   EUR   67.170
Credit Suisse AG/Lo   7.000   11/06/2020  CHF   67.190
Zurcher Kantonalban   5.858   1/22/2021   CHF   64.880
UniCredit Bank AG    19.800   9/25/2020   EUR   67.230
UniCredit Bank AG    11.100  12/24/2021   EUR   72.530
UniCredit Bank AG    19.000   9/25/2020   EUR   71.360
Landesbank Baden-Wu   3.400   6/23/2023   EUR   71.350
UBS AG/London        15.700   9/24/2020   EUR   57.500
UBS AG/London         5.200   9/24/2020   EUR   53.820
UniCredit Bank AG    17.600   6/25/2021   EUR   54.560
UniCredit Bank AG    18.200   6/26/2020   EUR   75.260
UniCredit Bank AG    19.100   3/26/2021   EUR   67.140
UniCredit Bank AG    19.800   9/25/2020   EUR   68.420
UniCredit Bank AG    18.900  12/28/2020   EUR   67.070
UniCredit Bank AG    18.900   9/25/2020   EUR   68.960
UniCredit Bank AG    19.700  12/28/2020   EUR   66.860
UBS AG/London         2.500   9/24/2020   EUR   68.320
UniCredit Bank AG    17.400   6/25/2021   EUR   67.270
DZ Bank AG Deutsche  20.300   9/25/2020   EUR   44.580
DZ Bank AG Deutsche  14.100   2/26/2021   EUR   67.940
DZ Bank AG Deutsche   9.500   6/25/2021   EUR   70.740
DZ Bank AG Deutsche  13.400   3/26/2021   EUR   49.200
DZ Bank AG Deutsche  11.700   6/25/2021   EUR   50.770
DZ Bank AG Deutsche  12.000  12/28/2020   EUR   72.050
DZ Bank AG Deutsche   8.500   6/25/2021   EUR   72.230
DZ Bank AG Deutsche   3.000   3/26/2021   EUR
DZ Bank AG Deutsche   5.500   6/25/2021   EUR
DZ Bank AG Deutsche   8.200   2/26/2021   EUR
DZ Bank AG Deutsche   7.000   6/25/2021   EUR
DZ Bank AG Deutsche  16.100   2/26/2021   EUR   71.530
DZ Bank AG Deutsche  13.400   3/26/2021   EUR   73.630
DZ Bank AG Deutsche  12.000   6/25/2021   EUR   73.420
DZ Bank AG Deutsche  10.300   6/25/2021   EUR   70.370
DZ Bank AG Deutsche  11.400   6/25/2021   EUR
DZ Bank AG Deutsche  14.700   6/25/2021   EUR   68.160
UBS AG/London         5.900   9/24/2020   EUR   62.210
UBS AG/London         6.700   9/24/2020   EUR   67.430
UBS AG/London         1.900   9/24/2020   EUR   70.200
DZ Bank AG Deutsche  15.700   9/25/2020   EUR
DZ Bank AG Deutsche  10.900   6/25/2021   EUR   64.150
DZ Bank AG Deutsche  14.200   6/25/2021   EUR   71.710
BNP Paribas Issuanc  18.000   8/13/2029   EUR   67.060
Societe Generale Ef   4.750   1/22/2021   EUR   56.050
Bank Julius Baer &    4.750   08/07/2020  EUR   72.600
Bank Julius Baer &    7.820   08/07/2020  EUR   73.250
Societe Generale Ef   7.250   9/25/2020   EUR   45.800
Societe Generale Ef   9.250   9/25/2020   EUR   45.150
Societe Generale Ef   5.750  10/23/2020   EUR   46.450
Societe Generale Ef  17.000  12/28/2020   EUR   70.700
Societe Generale Ef   8.000   8/28/2020   EUR   44.840
Societe Generale Ef   3.250   9/25/2020   EUR   48.680
Societe Generale Ef   7.250  10/23/2020   EUR   69.940
Societe Generale Ef  12.750  11/27/2020   EUR   68.750
Credit Suisse AG/Lo   8.750   11/02/2020  USD   68.480
Credit Suisse AG/Lo   6.000   02/07/2022  CHF   72.100
Credit Suisse AG/Lo   8.500   5/18/2021   EUR   62.870
Zurcher Kantonalban   5.750   8/27/2021   CHF   70.150
EFG International F  16.000   08/12/2020  CHF   48.350
EFG International F   9.000   08/09/2021  USD   69.900
EFG International F  11.000   08/07/2020  EUR   68.350
EFG International F   8.600   08/09/2021  CHF   62.580
UniCredit Bank AG     4.650   09/11/2023  EUR   68.410
Societe Generale Ef   6.500   6/26/2020   EUR   66.270
Societe Generale Ef  13.500   9/25/2020   EUR   56.200
Vontobel Financial    4.000   1/13/2021   EUR   68.190
Leonteq Securities    3.000   2/19/2024   CHF   72.790
Raiffeisen Switzerl  10.000   2/19/2021   USD   38.520
Credit Suisse AG/Lo   7.000   8/19/2021   CHF   71.250
Credit Suisse AG/Lo   4.850   2/27/2023   EUR   72.870
Vontobel Financial    5.040   2/23/2021   EUR   66.860
Societe Generale Ef   6.750  10/23/2020   EUR   71.410
Societe Generale Ef   7.750  10/23/2020   EUR   70.040
Societe Generale Ef   8.750  10/23/2020   EUR   68.820
Societe Generale Ef   9.750  10/23/2020   EUR   67.800
Societe Generale Ef   3.750  12/28/2020   EUR   71.210
Societe Generale Ef   5.750  12/28/2020   EUR   68.770
Societe Generale Ef   9.000   1/22/2021   EUR   66.620
Societe Generale Ef   8.000   8/28/2020   EUR   68.190
Societe Generale Ef  10.000   8/28/2020   EUR   66.650
Societe Generale Ef   7.000  12/28/2020   EUR   71.710
Societe Generale Ef  10.000  12/28/2020   EUR   68.340
Societe Generale Ef  11.000  12/28/2020   EUR   67.450
Societe Generale Ef   7.750   9/25/2020   EUR   69.680
Raiffeisen Switzerl   7.000   8/19/2021   EUR   62.800
EFG International F   8.160   2/26/2025   EUR   48.640
Bank Julius Baer &    6.400   2/23/2021   USD   73.950
Vontobel Financial   18.300   8/21/2020   USD   31.060
Vontobel Financial   13.950   8/21/2020   USD   53.270
Zurcher Kantonalban  10.200   2/19/2021   CHF   59.510
Zurcher Kantonalban   7.602   2/19/2021   CHF   63.580
Vontobel Financial    5.600   2/22/2021   EUR   44.480
Corner Banca SA      14.200   8/24/2021   USD   56.430
Raiffeisen Schweiz    5.600   5/20/2021   CHF   66.360
Leonteq Securities    6.800   2/20/2023   CHF   59.550
Bank Julius Baer &    9.000   2/23/2021   EUR   57.950
Landesbank Hessen-T   3.750   6/15/2020   EUR   59.700
Landesbank Hessen-T   2.600   6/15/2020   EUR   66.200
Leonteq Securities    7.260  11/16/2020   CHF   52.740
DekaBank Deutsche G   1.900  11/20/2020   EUR   67.440
DekaBank Deutsche G   3.000   06/12/2020  EUR   58.820
EFG International F   7.200  11/23/2020   CHF   53.720
EFG International F   7.000  11/23/2020   CHF   40.890
EFG International F   8.000  11/23/2020   EUR   49.930
EFG International F   7.800  11/24/2020   USD   40.150
Landesbank Hessen-T   5.400  11/24/2022   EUR   35.630
Landesbank Baden-Wu   3.000  12/29/2020   EUR   62.990
Landesbank Baden-Wu   3.500  12/29/2020   EUR   50.720
Leonteq Securities    6.400  11/17/2020   CHF   53.080
Raiffeisen Schweiz    7.300  11/13/2020   CHF   62.260
DekaBank Deutsche G   2.550   12/11/2020  EUR   54.500
Landesbank Hessen-T   7.800  12/15/2022   EUR   39.880
Landesbank Hessen-T   7.250   3/15/2023   EUR   59.410
Landesbank Baden-Wu   2.200   8/28/2020   EUR   64.460
Landesbank Baden-Wu   2.450   8/28/2020   EUR   72.330
Landesbank Baden-Wu   3.000   8/28/2020   EUR   59.960
Landesbank Baden-Wu   3.350   8/28/2020   EUR   63.570
Societe Generale SA  11.500  11/30/2020   USD
EFG International F   6.800  11/29/2021   CHF   63.930
EFG International F   7.000  11/30/2020   CHF   54.450
EFG International F   7.200  11/30/2020   EUR   48.440
Landesbank Baden-Wu   2.750   3/25/2022   EUR   70.950
Landesbank Baden-Wu   2.800   3/25/2022   EUR   60.780
Landesbank Baden-Wu   2.500   3/25/2022   EUR   61.940
Leonteq Securities    4.200   06/01/2021  CHF   30.150
DekaBank Deutsche G   2.000   12/11/2020  EUR   66.110
Landesbank Baden-Wu   2.350  11/26/2021   EUR   67.770
Landesbank Baden-Wu   3.500  11/26/2021   EUR   69.770
Zurcher Kantonalban   7.000   9/14/2020   CHF   64.660
Leonteq Securities    6.100   3/15/2021   CHF   68.890
DZ Bank AG Deutsche   6.000   9/27/2021   EUR   65.100
Raiffeisen Schweiz    7.300   9/14/2020   CHF   51.980
Raiffeisen Schweiz    7.000   9/14/2020   CHF   52.620
Raiffeisen Schweiz    6.500   9/14/2020   EUR   62.800
Raiffeisen Schweiz    6.100   9/14/2020   CHF   68.870
Raiffeisen Schweiz    5.300   9/14/2020   CHF   68.540
Landesbank Hessen-T   4.000   10/12/2022  EUR   58.940
Landesbank Hessen-T   3.000   7/15/2021   EUR   71.700
DekaBank Deutsche G   2.300   10/02/2020  EUR   70.830
DekaBank Deutsche G   2.900   10/02/2020  EUR   65.170
Basler Kantonalbank   4.950   9/25/2020   CHF   65.730
Landesbank Hessen-T   5.200  10/22/2024   EUR   57.550
UniCredit Bank AG     5.550   10/05/2021  EUR   52.370
UniCredit Bank AG     4.500   10/05/2022  EUR   65.120
UBS AG/London         6.250   9/14/2020   CHF   51.650
Raiffeisen Schweiz    6.300   06/10/2020  CHF   54.390
Raiffeisen Schweiz    6.000   12/07/2020  EUR   46.520
UBS AG/London         7.000   12/07/2020  EUR   69.100
UBS AG/London        12.000   06/05/2020  EUR   43.150
UBS AG/London         6.200   12/07/2020  EUR   53.100
UniCredit Bank AG     5.050   01/11/2022  EUR   33.320
UniCredit Bank AG     4.750   01/11/2022  EUR   61.000
UniCredit Bank AG     5.750   01/11/2022  EUR   43.100
Landesbank Baden-Wu   4.000   7/24/2020   EUR   61.120
Landesbank Baden-Wu   3.600   7/24/2020   EUR   45.600
Bank Julius Baer &   10.900  12/14/2020   USD   46.250
Landesbank Hessen-T   4.300   7/17/2020   EUR   55.900
DekaBank Deutsche G   2.150   1/21/2022   EUR   47.720
HSBC Trinkaus & Bur   3.100   6/26/2020   EUR   67.150
UBS AG/London        12.000   06/12/2020  USD   19.100
Nordea Bank Abp       7.340   1/20/2024   SEK   73.500
Commerzbank AG        2.980  12/28/2021   EUR   49.570
Commerzbank AG        2.980  12/28/2021   USD   49.100
DekaBank Deutsche G   6.000   06/11/2021  EUR   45.490
Landesbank Baden-Wu   4.100   1/28/2022   EUR   52.740
UBS AG/London        10.000   6/19/2020   EUR   67.150
EFG International F  14.800   8/19/2021   CHF   65.150
Raiffeisen Schweiz    4.600   2/20/2023   CHF   62.580
Leonteq Securities   10.000   8/19/2021   CHF   60.630
Bank Julius Baer &    8.100   2/23/2021   EUR   62.050
Raiffeisen Centroba  20.605  12/23/2020   EUR   71.700
Raiffeisen Centroba  24.137  12/23/2020   EUR   72.010
Vontobel Financial   18.650   8/21/2020   USD   74.070
Raiffeisen Centroba  18.250  12/23/2020   EUR   69.280
EFG International F   8.620   8/24/2022   CHF   66.750
Leonteq Securities   14.000   2/24/2021   USD   63.930
Corner Banca SA       8.000   2/24/2021   CHF   44.650
Bank Julius Baer &    6.200   2/23/2021   CHF   70.850
Vontobel Financial   21.600   8/21/2020   USD   32.100
Landesbank Baden-Wu   4.200   2/26/2021   EUR   73.610
Landesbank Baden-Wu   3.250   2/26/2021   EUR   71.720
Landesbank Baden-Wu   6.000   2/26/2021   EUR   68.280
Landesbank Baden-Wu  10.500   2/26/2021   EUR   65.360
Landesbank Baden-Wu   1.900   2/26/2021   EUR   65.320
Landesbank Baden-Wu   4.000   2/26/2021   EUR   61.870
Landesbank Baden-Wu   3.000   2/26/2021   EUR   64.780
Landesbank Baden-Wu   7.500   2/26/2021   EUR   68.160
Landesbank Baden-Wu   4.700   2/26/2021   EUR   68.130
Landesbank Baden-Wu   5.200   2/26/2021   EUR   66.750
Landesbank Baden-Wu   6.000   2/26/2021   EUR   69.240
Landesbank Baden-Wu   3.000   2/26/2021   EUR   73.830
Landesbank Baden-Wu   4.500   2/26/2021   EUR   68.260
Landesbank Baden-Wu   7.500   2/26/2021   EUR   64.990
Landesbank Baden-Wu  12.000   2/26/2021   EUR   66.170
Landesbank Baden-Wu  11.500   2/26/2021   EUR   62.720
Landesbank Baden-Wu   2.900   2/26/2021   EUR   72.260
Landesbank Baden-Wu   3.600   2/26/2021   EUR   71.330
Landesbank Baden-Wu   4.400   2/26/2021   EUR   70.520
Landesbank Baden-Wu   3.500   2/26/2021   EUR   74.660
Landesbank Baden-Wu   2.300   2/26/2021   EUR   52.910
Landesbank Baden-Wu   4.000   2/26/2021   EUR   67.130
Landesbank Baden-Wu   6.250   2/26/2021   EUR   64.790
Landesbank Baden-Wu   2.400   2/26/2021   EUR   51.370
Landesbank Baden-Wu   3.500   2/26/2021   EUR   50.140
Landesbank Baden-Wu   4.000   2/26/2021   EUR   49.760
Landesbank Baden-Wu   4.500   2/26/2021   EUR   49.020
Landesbank Baden-Wu   2.000   2/26/2021   EUR   70.330
Societe Generale Ef   8.000  10/23/2020   EUR   45.440
Societe Generale Ef  13.000  11/27/2020   EUR   70.120
Societe Generale Ef  12.000  12/28/2020   EUR   70.790
Societe Generale Ef  21.250  10/23/2020   EUR   71.210
Societe Generale Ef  10.500  10/23/2020   EUR   68.920
Societe Generale Ef  12.500  10/23/2020   EUR   67.560
Societe Generale Ef  12.250   1/22/2021   EUR   68.280
Societe Generale Ef  15.500  11/27/2020   EUR   60.220
Societe Generale Ef   9.000   1/22/2021   EUR   64.900
Societe Generale Ef  13.000   8/28/2020   EUR   60.070
Societe Generale Ef  15.000   8/28/2020   EUR   58.970
Societe Generale Ef   9.500   9/25/2020   EUR   63.080
Societe Generale Ef  12.500   9/25/2020   EUR   60.790
Societe Generale Ef  12.500  10/23/2020   EUR   61.210
Societe Generale Ef   5.500  11/27/2020   EUR   69.140
Societe Generale Ef   6.500  11/27/2020   EUR   67.460
Societe Generale Ef   8.500  11/27/2020   EUR   64.940
Societe Generale Ef  12.500  11/27/2020   EUR   61.740
Societe Generale Ef  13.250  11/27/2020   EUR   67.360
Societe Generale Ef   7.000  12/28/2020   EUR   72.190
Societe Generale Ef   5.750   9/25/2020   EUR   71.940
Societe Generale Ef  17.500  10/23/2020   EUR   60.430
Societe Generale Ef   7.500  12/28/2020   EUR   67.270
Societe Generale Ef  13.000  12/28/2020   EUR   67.840
Societe Generale Ef   6.250   1/22/2021   EUR   73.100
Societe Generale Ef  12.000   1/22/2021   EUR   62.560
Societe Generale Ef  13.000   1/22/2021   EUR   62.020
Societe Generale Ef  14.000   1/22/2021   EUR   61.510
Societe Generale Ef  14.750   8/28/2020   EUR   65.840
Societe Generale Ef   5.500   9/25/2020   EUR   74.310
Societe Generale Ef   7.500   9/25/2020   EUR   71.630
Societe Generale Ef  11.500   9/25/2020   EUR   68.050
Zurcher Kantonalban   6.000   8/24/2021   EUR   71.480
Vontobel Financial   20.450   8/20/2020   USD   73.780
Credit Suisse AG/Lo   7.500   06/04/2020  CHF   67.310
Landesbank Baden-Wu   5.000   3/26/2021   EUR   70.010
Landesbank Baden-Wu   6.000   3/26/2021   EUR   70.500
Landesbank Baden-Wu   3.000   3/26/2021   EUR   52.970
Landesbank Baden-Wu   4.500   3/26/2021   EUR   49.410
Landesbank Baden-Wu   4.000   3/26/2021   EUR   65.680
Landesbank Baden-Wu   4.500   3/26/2021   EUR   42.160
Landesbank Baden-Wu   4.000   3/26/2021   EUR   60.240
Landesbank Baden-Wu   8.000   9/24/2021   EUR   70.910
Landesbank Baden-Wu   3.000   3/26/2021   EUR   63.040
Landesbank Baden-Wu   3.500   3/26/2021   EUR   59.300
Landesbank Baden-Wu   4.500   3/26/2021   EUR   56.900
Vontobel Financial    9.500   06/12/2020  EUR   58.390
Vontobel Financial   15.500   06/12/2020  EUR   40.570
Vontobel Financial   17.000   06/12/2020  EUR   56.330
Vontobel Financial   10.500   06/12/2020  EUR   69.840
Vontobel Financial    9.000   06/12/2020  EUR   63.360
DZ Bank AG Deutsche   8.200   3/24/2021   EUR
DZ Bank AG Deutsche   8.500   9/23/2020   EUR   47.030
DZ Bank AG Deutsche   5.700   9/23/2020   EUR   70.900
DZ Bank AG Deutsche   6.900   9/23/2020   EUR
DZ Bank AG Deutsche   5.400   3/24/2021   EUR
DZ Bank AG Deutsche  10.500   9/23/2020   EUR
EFG International F   7.000   03/07/2022  CHF   66.370
DZ Bank AG Deutsche   9.500   3/24/2021   EUR
UBS AG/London        11.000   09/07/2020  EUR   40.200
UBS AG/London         4.500   09/07/2020  CHF   69.450
Societe Generale Ef  18.250   8/28/2020   EUR   64.860
Societe Generale Ef  18.500   9/25/2020   EUR   64.620
Societe Generale Ef  11.250  10/23/2020   EUR   68.910
Erste Group Bank AG   8.250   3/29/2024   EUR   64.550
Societe Generale Ef  10.500  10/23/2020   EUR   61.590
Societe Generale Ef  14.500  11/27/2020   EUR   59.740
Societe Generale Ef  11.500  10/23/2020   EUR   69.750
UBS AG/London         5.400  12/28/2020   EUR   46.980
Societe Generale Ef  11.500  12/28/2020   EUR   68.820
UBS AG/London         3.900   6/25/2020   EUR   49.250
Societe Generale Ef  17.250  10/23/2020   EUR   65.380
UBS AG/London         4.500   9/24/2020   EUR   71.040
Zurcher Kantonalban   7.000   09/03/2021  CHF   70.430
Zurcher Kantonalban   6.000   06/08/2020  EUR   61.780
Credit Suisse AG/Lo   7.000   09/02/2020  USD   53.590
Landesbank Hessen-T   4.000   04/12/2023  EUR   70.810
Landesbank Hessen-T   4.000   04/12/2023  EUR   56.530
DZ Bank AG Deutsche   5.000   6/22/2020   EUR   51.800
DZ Bank AG Deutsche   3.900   6/22/2020   EUR   59.750
Leonteq Securities    7.500   03/11/2021  CHF   55.480
DZ Bank AG Deutsche   5.000   6/24/2020   EUR   69.020
DekaBank Deutsche G   2.900   04/08/2022  EUR   68.920
DekaBank Deutsche G   2.500   04/09/2021  EUR   51.510
DekaBank Deutsche G   3.100   04/08/2022  EUR   62.880
DekaBank Deutsche G   3.300   04/08/2022  EUR   47.320
Bank Julius Baer &   10.800   06/12/2020  CHF   57.650
Raiffeisen Schweiz    6.400   09/08/2021  CHF   69.700
Raiffeisen Schweiz    7.200   09/08/2020  CHF   66.090
Zurcher Kantonalban   6.250   3/19/2021   CHF   68.270
Zurcher Kantonalban   6.500   3/19/2021   EUR   64.710
Credit Suisse AG/Lo   8.000   06/12/2020  EUR   54.810
Deutsche Bank AG      3.200   9/22/2020   EUR   58.900
Goldman Sachs & Co   13.000   3/24/2021   EUR   60.670
HSBC Trinkaus & Bur   3.000   08/10/2020  EUR   60.170
UBS AG/London         5.000   3/15/2021   CHF   67.850
UBS AG/London         8.000   3/15/2021   EUR   37.900
UBS AG/London        11.000   3/15/2021   CHF   73.150
UBS AG/London         8.000   3/15/2021   CHF   68.900
Landesbank Baden-Wu   3.250   8/27/2021   EUR   52.830
UBS AG/London         7.000   3/15/2021   EUR   53.000
Leonteq Securities    5.000   9/13/2021   CHF   54.710
Deutsche Bank AG      3.200   6/23/2020   EUR   63.350
Deutsche Bank AG      3.200   9/22/2020   EUR   49.790
UniCredit Bank AG     4.050   10/09/2020  EUR   72.930
UBS AG/London        10.000   09/07/2020  CHF   32.900
UBS AG/London        10.000   09/07/2020  EUR   60.900
Raiffeisen Schweiz   12.900   9/14/2020   GBP   52.710
Credit Suisse AG/Lo   5.750   01/03/2022  CHF   69.570
Zurcher Kantonalban   5.000   07/02/2021  CHF   68.950
Vontobel Financial   15.000   09/11/2020  EUR   64.240
Vontobel Financial   13.500   06/12/2020  EUR   57.570
Vontobel Financial   15.000   06/12/2020  EUR   56.160
Vontobel Financial   15.000   06/12/2020  EUR   57.840
Vontobel Financial    8.000   09/11/2020  EUR   65.330
Vontobel Financial   13.000   06/12/2020  EUR   45.220
Vontobel Financial    9.500   06/12/2020  EUR   44.290
Vontobel Financial   13.000   06/12/2020  EUR   61.620
UBS AG/London         5.750   07/03/2020  CHF   65.400
Vontobel Financial   12.350   9/18/2020   EUR   59.200
Vontobel Financial    7.650   09/11/2020  EUR   65.230
Zurcher Kantonalban   8.500   07/10/2020  CHF   51.950
Zurcher Kantonalban   7.000   07/10/2020  CHF   66.430
Zurcher Kantonalban   6.000   07/12/2021  CHF   60.390
Vontobel Financial    5.500   6/26/2020   EUR   65.500
Vontobel Financial    7.000   6/26/2020   EUR   61.200
Vontobel Financial   17.000   6/26/2020   EUR   46.630
Vontobel Financial   13.500   6/26/2020   EUR   60.280
Vontobel Financial    8.000   6/26/2020   EUR   61.850
Vontobel Financial   12.500   6/26/2020   EUR   56.310
UniCredit Bank AG     5.100  12/19/2020   EUR   55.650
UniCredit Bank AG     5.900  12/19/2020   EUR   27.030
Landesbank Hessen-T   4.400   01/05/2023  EUR   38.460
EFG International F   7.000   5/23/2022   EUR   44.990
Credit Suisse AG/Lo   7.000   5/20/2021   CHF   73.820
Credit Suisse AG/Lo   8.750   5/20/2021   GBP   62.610
Landesbank Baden-Wu   5.000   3/26/2021   EUR   72.800
Landesbank Baden-Wu   9.000   3/26/2021   EUR   73.030
Landesbank Baden-Wu   4.000   9/24/2021   EUR   72.550
Landesbank Baden-Wu   7.500   3/26/2021   EUR   73.580
Landesbank Baden-Wu   6.000   3/26/2021   EUR   47.570
Landesbank Baden-Wu   5.000   3/26/2021   EUR   50.790
Raiffeisen Switzerl   8.500   8/24/2021   EUR   72.100
Leonteq Securities    8.130   2/21/2022   EUR   64.800
Landesbank Baden-Wu   3.000   3/26/2021   EUR   62.700
Landesbank Baden-Wu   5.000   3/26/2021   EUR   53.760
Landesbank Baden-Wu   2.500   3/26/2021   EUR   70.590
Leonteq Securities    4.000   2/21/2022   EUR   69.790
Leonteq Securities    5.700   2/21/2022   CHF   62.000
Landesbank Baden-Wu   2.500   3/26/2021   EUR   62.220
Landesbank Baden-Wu   5.000   3/26/2021   EUR   57.580
Landesbank Baden-Wu   3.000   3/26/2021   EUR   61.020
Corner Banca SA      12.800   8/24/2021   CHF   60.770
Vontobel Financial   14.000   06/12/2020  EUR   50.200
Vontobel Financial   13.000   06/12/2020  EUR   61.310
Vontobel Financial    8.500   06/12/2020  EUR   67.850
Vontobel Financial   11.500   06/12/2020  EUR   63.100
Vontobel Financial    6.500   06/12/2020  EUR   68.150
Vontobel Financial   11.500   06/12/2020  EUR   59.210
DZ Bank AG Deutsche   9.200  12/23/2020   EUR   64.420
DZ Bank AG Deutsche   7.900   3/24/2021   EUR   66.490
DZ Bank AG Deutsche   8.500   3/24/2021   EUR   66.140
DZ Bank AG Deutsche   6.200   9/23/2020   EUR
DZ Bank AG Deutsche   5.200  12/23/2020   EUR
DZ Bank AG Deutsche   4.500   3/24/2021   EUR
DZ Bank AG Deutsche   7.800  12/23/2020   EUR   48.850
DZ Bank AG Deutsche   6.700   6/23/2021   EUR   51.110
DZ Bank AG Deutsche   6.100  12/23/2020   EUR
DZ Bank AG Deutsche   5.000   6/23/2021   EUR
UBS AG/London         5.000   03/08/2021  CHF   67.700
Societe Generale Ef   8.500   9/25/2020   EUR   71.500
Societe Generale Ef  16.500   9/25/2020   EUR   65.620
Societe Generale Ef   7.250  10/23/2020   EUR   72.750
Societe Generale Ef  16.500   9/25/2020   EUR   57.850
Societe Generale Ef  10.500  11/27/2020   EUR   70.430
Societe Generale Ef  15.500  12/28/2020   EUR   66.710
UBS AG/London         6.600   6/25/2020   EUR   64.180
Societe Generale Ef  14.250   8/28/2020   EUR   67.030
Societe Generale Ef  14.250  11/27/2020   EUR   67.050
UBS AG/London         6.700  12/28/2020   EUR   44.890
UBS AG/London         7.400  12/28/2020   EUR   43.920
Leonteq Securities    5.000   03/08/2021  CHF   70.110
DekaBank Deutsche G   2.500  10/24/2023   EUR   55.580
EFG International F   5.400   9/27/2021   CHF   71.190
UBS AG/London         7.500   9/14/2020   CHF   66.700
UniCredit Bank AG     5.900   10/05/2021  EUR   55.380
Leonteq Securities    6.000   9/27/2021   CHF   68.780
Raiffeisen Schweiz    7.000   9/21/2020   CHF   65.390
Vontobel Financial    3.950   9/14/2020   EUR   62.370
UniCredit Bank AG     3.450   9/14/2022   EUR   53.460
UniCredit Bank AG     4.200   10/09/2020  EUR   63.650
UniCredit Bank AG     6.300   10/09/2020  EUR   72.310
HSBC Trinkaus & Bur   4.300   9/25/2020   EUR   51.680
HSBC Trinkaus & Bur   6.700   9/25/2020   EUR   46.220
UniCredit Bank AG     5.500  10/26/2021   EUR   57.160
Landesbank Baden-Wu   2.300  12/27/2021   EUR   68.520
Landesbank Baden-Wu   3.150  12/27/2021   EUR   67.070
Skandinaviska Enski   4.000   7/17/2023   SEK   59.720
Landesbank Baden-Wu   3.050   9/23/2022   EUR   55.770
Raiffeisen Centroba   8.699   9/23/2020   EUR   61.550
Credit Suisse AG/Lo   8.000   6/29/2020   CHF   67.870
Raiffeisen Schweiz    7.500   9/29/2020   CHF   30.450
Leonteq Securities    5.800   3/29/2021   CHF   52.590
Raiffeisen Schweiz    5.400   9/29/2021   CHF   71.240
Raiffeisen Schweiz    6.200   3/29/2021   CHF   68.370
Vontobel Financial    4.150   6/19/2020   EUR   40.100
Vontobel Financial    6.500   6/19/2020   USD   69.380
Vontobel Financial    5.450   8/24/2020   EUR   65.150
Vontobel Financial   15.000   06/12/2020  EUR   67.050
DekaBank Deutsche G   3.000   4/14/2022   EUR   72.130
Landesbank Baden-Wu   5.000   7/24/2020   EUR   51.380
Landesbank Baden-Wu   3.500  12/29/2020   EUR   53.850
Banque Cantonale Va   8.000   9/29/2020   CHF   70.090
Vontobel Financial    6.100   6/19/2020   EUR   47.360
Vontobel Financial    4.900   6/19/2020   EUR   72.700
Deutsche Bank AG      8.200   6/23/2020   EUR   53.520
Deutsche Bank AG      8.200  12/22/2020   EUR   55.090
Societe Generale Ef   3.250   7/24/2020   EUR   60.270
Societe Generale Ef   4.250   7/24/2020   EUR   57.530
Societe Generale Ef   5.250   7/24/2020   EUR   55.530
Societe Generale Ef   6.250   7/24/2020   EUR   53.920
Societe Generale Ef   7.250   7/24/2020   EUR   52.580
Societe Generale Ef   3.750   7/24/2020   EUR   64.730
Societe Generale Ef   5.750   7/24/2020   EUR   59.800
Societe Generale Ef   7.750   7/24/2020   EUR   56.410
Societe Generale Ef   8.500   7/24/2020   EUR   67.610
Societe Generale Ef  12.750   7/24/2020   EUR   69.860
Societe Generale Ef   7.500   7/24/2020   EUR   63.470
Societe Generale Ef   9.500   7/24/2020   EUR   60.290
Societe Generale Ef  11.500   7/24/2020   EUR   57.960
Societe Generale Ef   4.250   7/24/2020   EUR   49.130
Societe Generale Ef   8.250   7/24/2020   EUR   42.620
Societe Generale Ef  10.250   7/24/2020   EUR   40.590
Societe Generale Ef  12.250   7/24/2020   EUR   38.920
Societe Generale Ef   5.250   7/24/2020   EUR   73.640
Societe Generale Ef   6.250   7/24/2020   EUR   71.490
Goldman Sachs & Co   10.000   6/24/2020   EUR   61.980
Goldman Sachs & Co   19.000   6/24/2020   EUR   46.790
Goldman Sachs & Co   17.000  12/23/2020   EUR   52.820
Goldman Sachs & Co   10.000   3/24/2021   EUR   62.760
Goldman Sachs & Co   15.000   3/24/2021   EUR   55.320
Goldman Sachs & Co   15.000   6/24/2020   EUR   60.590
Goldman Sachs & Co   13.000   9/23/2020   EUR   62.410
Goldman Sachs & Co    8.000  12/23/2020   EUR   71.100
Societe Generale Ef  12.250   7/24/2020   EUR   57.490
Goldman Sachs & Co    5.000   6/24/2020   EUR   60.140
Goldman Sachs & Co    7.000   6/24/2020   EUR   56.690
Goldman Sachs & Co    8.000   6/24/2020   EUR   53.500
Goldman Sachs & Co   20.000   6/24/2020   EUR   40.720
Goldman Sachs & Co    4.000   9/23/2020   EUR   63.110
Goldman Sachs & Co    5.000   9/23/2020   EUR   59.640
Goldman Sachs & Co    6.000   9/23/2020   EUR   56.500
Goldman Sachs & Co    8.000   9/23/2020   EUR   54.070
Goldman Sachs & Co   15.000  12/23/2020   EUR   46.280
Societe Generale Ef   5.750   7/24/2020   EUR   71.220
Goldman Sachs & Co    6.000   3/24/2021   EUR   58.770
Goldman Sachs & Co    7.000   3/24/2021   EUR   56.740
Goldman Sachs & Co   10.000   3/24/2021   EUR   52.020
Societe Generale Ef  16.750   7/24/2020   EUR   65.660
Goldman Sachs & Co   14.000  12/23/2020   EUR   72.330
Goldman Sachs & Co   13.000   3/24/2021   EUR   69.880
DZ Bank AG Deutsche   5.330   7/24/2020   EUR   56.650
Vontobel Financial   19.500   06/12/2020  EUR   44.110
Credit Suisse AG/Lo   8.500   07/02/2020  EUR   67.140
Vontobel Financial    8.000   06/12/2020  EUR   50.700
Landesbank Baden-Wu   5.500   9/25/2020   EUR   57.490
Landesbank Baden-Wu   4.000   9/25/2020   EUR   64.390
Landesbank Baden-Wu   5.000   9/25/2020   EUR   53.780
Landesbank Baden-Wu   7.000   9/25/2020   EUR   50.680
Landesbank Baden-Wu   6.000   9/25/2020   EUR   39.780
Landesbank Baden-Wu   6.500   9/25/2020   EUR   55.130
Landesbank Baden-Wu   5.000   9/25/2020   EUR   60.900
Landesbank Baden-Wu   6.000   9/25/2020   EUR   58.580
Landesbank Baden-Wu   7.000   9/25/2020   EUR   56.460
Landesbank Baden-Wu   5.000  10/23/2020   EUR   71.380
Landesbank Baden-Wu   6.000   9/25/2020   EUR   73.950
Landesbank Baden-Wu   6.000   9/25/2020   EUR   54.120
Landesbank Baden-Wu   3.000   9/25/2020   EUR   66.240
Landesbank Baden-Wu   7.000   9/25/2020   EUR   54.910
Landesbank Baden-Wu   3.000   9/25/2020   EUR   62.560
Landesbank Baden-Wu   3.000   9/25/2020   EUR   59.160
Landesbank Baden-Wu   7.000   9/25/2020   EUR   49.640
Landesbank Baden-Wu   5.500   9/25/2020   EUR   61.350
Landesbank Baden-Wu   5.000   9/25/2020   EUR   58.940
Landesbank Baden-Wu   5.000   9/25/2020   EUR   54.800
Vontobel Financial    8.500   9/25/2020   EUR   66.450
Goldman Sachs & Co   10.000   9/23/2020   EUR   71.750
Goldman Sachs & Co    9.000   6/24/2020   EUR   65.600
Goldman Sachs & Co   20.000   6/24/2020   EUR   48.730
Goldman Sachs & Co    7.000   9/23/2020   EUR   65.350
Goldman Sachs & Co   19.000   9/23/2020   EUR   49.950
Goldman Sachs & Co    6.000  12/23/2020   EUR   62.360
Goldman Sachs & Co    6.000   3/24/2021   EUR   65.620
Goldman Sachs & Co    7.000   6/24/2020   EUR   60.860
Goldman Sachs & Co    9.000   6/24/2020   EUR   55.510
Goldman Sachs & Co    4.000   9/23/2020   EUR   73.510
Goldman Sachs & Co    7.000   9/23/2020   EUR   61.760
Goldman Sachs & Co    4.000  12/23/2020   EUR   72.200
Goldman Sachs & Co    5.000  12/23/2020   EUR   66.760
Goldman Sachs & Co    7.000  12/23/2020   EUR   59.970
Goldman Sachs & Co    8.000  12/23/2020   EUR   58.220
Societe Generale Ef   3.000   6/26/2020   EUR   66.160
Raiffeisen Schweiz    7.000   7/26/2021   AUD   57.100
Vontobel Financial    7.000   9/25/2020   EUR   64.880
Vontobel Financial   16.500   6/26/2020   EUR   46.930
UBS AG/London         9.000   04/06/2021  CHF   73.450
Credit Suisse AG/Lo   4.000   05/05/2023  EUR   71.870
Deutsche Bank AG      6.200  12/22/2020   EUR   72.100
Societe Generale Ef  14.250   6/26/2020   EUR   68.090
Societe Generale Ef   3.500   6/26/2020   EUR   72.140
Societe Generale Ef   5.500   6/26/2020   EUR   66.240
Societe Generale Ef  13.750   6/26/2020   EUR   62.440
Landesbank Baden-Wu   4.300   9/25/2020   EUR   69.930
Societe Generale Ef   7.750   6/26/2020   EUR   71.110
Societe Generale Ef  11.750   6/26/2020   EUR   64.740
Societe Generale Ef  12.750   6/26/2020   EUR   69.890
Societe Generale Ef  12.000   6/26/2020   EUR   68.740
Societe Generale Ef  10.000   6/26/2020   EUR   55.090
UBS AG/London        11.000   2/19/2021   CHF   53.550
Societe Generale Ef  12.500   6/26/2020   EUR   74.680
UBS AG/London         9.000   2/19/2021   CHF   70.400
UBS AG/London        10.750   8/19/2021   CHF   70.450
UBS AG/London        12.000   8/19/2021   CHF   62.650
Banque Cantonale Va   6.100   08/09/2021  EUR   56.330
UniCredit Bank AG    12.200   9/25/2020   EUR   61.420
UniCredit Bank AG    14.400   3/26/2021   EUR   61.950
UniCredit Bank AG     8.500   6/26/2020   EUR   69.010
UniCredit Bank AG     6.200   6/26/2020   EUR   60.770
UniCredit Bank AG    14.200   6/26/2020   EUR   66.330
UniCredit Bank AG    12.100  12/24/2021   EUR   61.880
UniCredit Bank AG    13.400  12/24/2021   EUR   72.890
UniCredit Bank AG     8.900   9/25/2020   EUR   64.270
UniCredit Bank AG    12.300   3/26/2021   EUR   63.040
UniCredit Bank AG    11.900  12/24/2021   EUR   63.870
Corner Banca SA       9.000   11/09/2020  CHF   71.760
Leonteq Securities   10.000   08/09/2021  CHF   42.570
Leonteq Securities   10.400   11/09/2020  CHF   69.850
Leonteq Securities   10.800   08/09/2021  USD   71.720
Leonteq Securities   15.500   11/09/2020  CHF   50.660
Landesbank Baden-Wu   3.050   9/23/2022   EUR   61.840
Raiffeisen Schweiz    7.500   02/09/2021  EUR   64.890
Raiffeisen Schweiz    5.200   02/09/2021  CHF   63.540
Raiffeisen Schweiz    5.600   08/09/2022  CHF   64.060
Societe Generale Ef   3.500   6/26/2020   EUR   55.970
Societe Generale Ef  15.750   6/26/2020   EUR   57.810
Societe Generale Ef  10.500   7/24/2020   EUR   69.840
Societe Generale Ef  12.500   7/24/2020   EUR   67.110
Societe Generale Ef  14.250   7/24/2020   EUR   73.500
Societe Generale Ef  16.250   7/24/2020   EUR   70.270
Societe Generale Ef  13.000   7/24/2020   EUR   57.170
Societe Generale Ef   6.500   6/26/2020   EUR   61.090
Societe Generale Ef   4.000   7/24/2020   EUR   65.730
Societe Generale Ef  10.250   7/24/2020   EUR   48.870
Vontobel Financial   15.000   9/25/2020   EUR   71.840
Vontobel Financial   17.000   9/25/2020   EUR   58.980
Vontobel Financial   19.500   9/25/2020   EUR   56.980
Vontobel Financial   11.500   6/26/2020   EUR   70.910
Vontobel Financial   17.000   6/26/2020   EUR   62.520
Vontobel Financial   18.500   6/26/2020   EUR   60.700
Vontobel Financial   20.000   6/26/2020   EUR   58.970
Vontobel Financial    9.500   9/25/2020   EUR   67.750
Vontobel Financial    8.500   9/25/2020   EUR   69.130
Vontobel Financial   10.500   9/25/2020   EUR   66.390
Vontobel Financial   14.500   9/25/2020   EUR   61.180
Vontobel Financial   16.000   9/25/2020   EUR   60.140
Vontobel Financial   11.500   9/25/2020   EUR   65.040
Vontobel Financial   18.000   9/25/2020   EUR   57.820
Vontobel Financial   10.000   6/26/2020   EUR   73.260
Vontobel Financial   13.000   6/26/2020   EUR   68.670
Vontobel Financial   14.000   6/26/2020   EUR   66.480
Vontobel Financial   15.500   6/26/2020   EUR   64.460
Societe Generale Ef   7.500   6/26/2020   EUR   62.190
Societe Generale Ef   9.500   6/26/2020   EUR   59.130
Societe Generale Ef  11.500   6/26/2020   EUR   56.680
Landesbank Baden-Wu   4.000   9/25/2020   EUR   71.240
Landesbank Baden-Wu   8.500   9/25/2020   EUR   65.240
HSBC Trinkaus & Bur   2.420   8/28/2020   EUR   58.870
Landesbank Baden-Wu   3.900   8/28/2020   EUR   48.740
DZ Bank AG Deutsche   8.000   9/21/2020   EUR   61.890
DZ Bank AG Deutsche   6.600   9/21/2020   EUR   72.210
DZ Bank AG Deutsche   9.300   9/21/2020   EUR   69.870
DZ Bank AG Deutsche  10.700   9/21/2020   EUR   67.330
DZ Bank AG Deutsche   9.200  12/21/2020   EUR   67.260
DZ Bank AG Deutsche   9.000   6/24/2020   EUR   71.620
DekaBank Deutsche G   7.800   09/11/2020  EUR   63.260
Societe Generale Ef   6.000   7/24/2020   EUR   62.600
Societe Generale Ef  10.000   7/24/2020   EUR   63.160
Societe Generale Ef   8.500   6/26/2020   EUR   64.710
Societe Generale Ef  10.500   6/26/2020   EUR   62.590
Societe Generale Ef   8.000   7/24/2020   EUR   65.190
Landesbank Hessen-T   6.250  12/13/2024   EUR   55.330
Landesbank Baden-Wu   4.200  12/27/2021   EUR   69.860
Landesbank Baden-Wu   2.500  12/27/2021   EUR   70.900
BNP Paribas Emissio   3.000   9/24/2020   EUR   66.420
Societe Generale Ef   8.250   7/24/2020   EUR   51.440
Societe Generale Ef  11.750   7/24/2020   EUR   51.800
Societe Generale Ef  15.500   6/26/2020   EUR   68.670
Societe Generale Ef   9.500   7/24/2020   EUR   66.230
Societe Generale Ef   9.500   7/24/2020   EUR   71.700
Societe Generale Ef   5.500   7/24/2020   EUR   67.370
Societe Generale Ef   6.250   7/24/2020   EUR   45.320
Goldman Sachs & Co    7.000   6/24/2020   EUR   68.850
Societe Generale Ef   8.250   7/24/2020   EUR   67.970
Societe Generale Ef   9.250   7/24/2020   EUR   66.560
Goldman Sachs & Co   14.000   6/24/2020   EUR   53.200
Goldman Sachs & Co   21.000   6/24/2020   EUR   44.680
Goldman Sachs & Co    8.000   9/23/2020   EUR   67.820
Goldman Sachs & Co    9.000   9/23/2020   EUR   63.860
Goldman Sachs & Co   14.000   9/23/2020   EUR   53.730
Goldman Sachs & Co    7.000  12/23/2020   EUR   70.370
Goldman Sachs & Co    7.000  12/23/2020   EUR   68.290
Goldman Sachs & Co   10.000  12/23/2020   EUR   62.430
Goldman Sachs & Co   10.000  12/23/2020   EUR   60.750
Goldman Sachs & Co   15.000  12/23/2020   EUR   55.080
Goldman Sachs & Co    7.000   3/24/2021   EUR   69.010
Goldman Sachs & Co    8.000   6/24/2020   EUR   72.080
Goldman Sachs & Co    8.000   9/23/2020   EUR   72.250
Societe Generale Ef  16.250   7/24/2020   EUR   55.830
Goldman Sachs & Co    7.000  12/23/2020   EUR   72.930
Goldman Sachs & Co    9.000  12/23/2020   EUR   69.370
Goldman Sachs & Co   15.000  12/23/2020   EUR   61.340
Goldman Sachs & Co    8.000   3/24/2021   EUR   70.720
Societe Generale Ef  14.250   7/24/2020   EUR   55.150
Goldman Sachs & Co    3.000   6/24/2020   EUR   68.870
Goldman Sachs & Co    4.000   6/24/2020   EUR   64.230
Goldman Sachs & Co   10.000   6/24/2020   EUR   50.760
Goldman Sachs & Co   14.000   6/24/2020   EUR   46.120
Goldman Sachs & Co    2.000   9/23/2020   EUR   71.150
Goldman Sachs & Co    3.000   9/23/2020   EUR   66.980
Goldman Sachs & Co    3.000  12/23/2020   EUR   69.510
Goldman Sachs & Co    4.000  12/23/2020   EUR   62.370
Societe Generale Ef   6.750   7/24/2020   EUR   69.250
Societe Generale Ef   7.500   7/24/2020   EUR   73.140
Societe Generale Ef  14.750   7/24/2020   EUR   68.770
Societe Generale Ef  18.750   7/24/2020   EUR   62.920
Landesbank Baden-Wu   3.100   6/26/2020   USD   69.080
Vontobel Financial    7.000   6/19/2020   USD   61.450
Goldman Sachs & Co   16.000   9/23/2020   EUR   69.610
Societe Generale Ef  11.000   7/24/2020   EUR   63.340
Societe Generale Ef   6.000   7/24/2020   EUR   60.430
Societe Generale Ef   8.000   7/24/2020   EUR   58.060
Societe Generale Ef   9.000   7/24/2020   EUR   57.120
Goldman Sachs & Co   15.000   6/24/2020   EUR   70.740
Raiffeisen Centroba   5.750   05/06/2021  EUR   66.560
Vontobel Financial    6.000   06/12/2020  EUR   60.430
Vontobel Financial   11.500   06/12/2020  EUR   45.740
Vontobel Financial   16.000   06/12/2020  EUR   41.720
Landesbank Baden-Wu   8.000   9/25/2020   EUR   62.670
Landesbank Baden-Wu   3.500   9/25/2020   EUR   59.290
Landesbank Baden-Wu   8.000   9/25/2020   EUR   61.400
Landesbank Baden-Wu   3.000   9/25/2020   EUR   45.310
Landesbank Baden-Wu   4.500   9/25/2020   EUR   42.070
Landesbank Baden-Wu   3.500   9/25/2020   EUR   62.210
Landesbank Baden-Wu   8.000   9/25/2020   EUR   59.050
Leonteq Securities    5.800   7/26/2021   CHF   60.400
Landesbank Baden-Wu   4.500   9/25/2020   EUR   56.910
Landesbank Baden-Wu   5.000   9/25/2020   EUR   53.590
Landesbank Baden-Wu   4.000   9/25/2020   EUR   68.980
Landesbank Baden-Wu   6.500   9/25/2020   EUR   60.470
Landesbank Baden-Wu   3.000   9/25/2020   EUR   57.360
BNP Paribas Emissio   6.000   6/25/2020   EUR   46.510
Vontobel Financial   14.000   9/25/2020   EUR   68.170
Goldman Sachs & Co   12.000   6/24/2020   EUR   67.890
Goldman Sachs & Co   15.000   9/23/2020   EUR   63.730
Goldman Sachs & Co   18.000   9/23/2020   EUR   60.750
Goldman Sachs & Co   10.000  12/23/2020   EUR   71.070
Goldman Sachs & Co    9.000   3/24/2021   EUR   72.160
Goldman Sachs & Co   22.000   6/24/2020   EUR   46.710
Goldman Sachs & Co    6.000   9/23/2020   EUR   67.650
Goldman Sachs & Co    4.000  12/23/2020   EUR   69.550
Goldman Sachs & Co    6.000  12/23/2020   EUR   64.610
Goldman Sachs & Co    7.000  12/23/2020   EUR   60.760
Goldman Sachs & Co   15.000  12/23/2020   EUR   52.410
Goldman Sachs & Co    4.000   3/24/2021   EUR   69.770
Goldman Sachs & Co    4.000   3/24/2021   EUR   67.390
Goldman Sachs & Co    6.000   3/24/2021   EUR   63.480
Goldman Sachs & Co   10.000   3/24/2021   EUR   59.900
Goldman Sachs & Co   17.000   3/24/2021   EUR   54.950
Goldman Sachs & Co    5.000   6/24/2020   EUR   70.450
Goldman Sachs & Co   10.000   9/23/2020   EUR   55.260
Goldman Sachs & Co   15.000   9/23/2020   EUR   47.660
Goldman Sachs & Co   16.000   9/23/2020   EUR   46.500
Goldman Sachs & Co    4.000  12/23/2020   EUR   68.540
Vontobel Financial    9.500   9/25/2020   EUR   64.400
Goldman Sachs & Co    4.000   3/24/2021   EUR   71.590
Goldman Sachs & Co    5.000   3/24/2021   EUR   66.760
Goldman Sachs & Co    6.000   3/24/2021   EUR   62.450
Goldman Sachs & Co    8.000   3/24/2021   EUR   59.500
Goldman Sachs & Co   13.000   3/24/2021   EUR   52.890
Raiffeisen Schweiz    6.700   7/26/2021   EUR   72.060
Leonteq Securities    4.100   7/29/2020   CHF   62.410
EFG International F   5.750   04/04/2022  CHF   72.560
Deutsche Bank AG      6.200  12/22/2020   EUR   68.900
Bank Julius Baer &    9.700   7/29/2020   CHF   40.850
DZ Bank AG Deutsche   7.000   6/22/2020   EUR   71.740
DZ Bank AG Deutsche   4.750   9/21/2020   EUR   72.710
DZ Bank AG Deutsche   5.500   9/21/2020   EUR   66.660
DZ Bank AG Deutsche   4.750   9/21/2020   EUR   54.890
DZ Bank AG Deutsche   6.250   9/21/2020   EUR   63.000
DZ Bank AG Deutsche   7.000   9/21/2020   EUR   57.310
DZ Bank AG Deutsche   4.750   9/21/2020   EUR   40.100
DZ Bank AG Deutsche   8.000   6/22/2020   EUR   65.030
DZ Bank AG Deutsche   7.250   9/21/2020   EUR   61.660
DZ Bank AG Deutsche   7.100   6/22/2020   EUR   69.360
DZ Bank AG Deutsche   5.800   9/21/2020   EUR   70.840
DZ Bank AG Deutsche   6.500   9/21/2020   EUR   69.700
DZ Bank AG Deutsche   5.500   9/21/2020   EUR   42.890
DZ Bank AG Deutsche   6.500   9/21/2020   EUR   41.770
DZ Bank AG Deutsche   9.100   9/21/2020   EUR   68.840
DZ Bank AG Deutsche  10.500   9/21/2020   EUR   66.150
Deutsche Bank AG      6.200   9/22/2020   EUR   64.050
Deutsche Bank AG      6.200   9/22/2020   EUR   60.160
Deutsche Bank AG      6.200  12/22/2020   EUR   63.770
Erste Group Bank AG   6.000   4/29/2024   EUR   63.000
DekaBank Deutsche G   4.100   4/30/2021   EUR   61.420
Societe Generale Ef  16.750   6/26/2020   EUR   52.540
Banque Cantonale Va   4.500   3/29/2021   CHF   52.900
Bank Julius Baer &    5.700   7/30/2020   CHF   53.550
Zurcher Kantonalban   6.500   08/06/2021  CHF   67.480
Zurcher Kantonalban  10.750   08/06/2021  USD   72.290
Goldman Sachs & Co   11.000   6/24/2020   EUR   70.400
Raiffeisen Centroba  10.181   6/23/2020   EUR   53.120
Landesbank Baden-Wu   7.750   1/22/2021   EUR   68.350
Landesbank Baden-Wu   3.000   1/22/2021   EUR   65.450
Landesbank Baden-Wu   8.500   1/22/2021   EUR   68.200
UBS AG/London         5.500   9/24/2020   EUR   56.590
UBS AG/London        10.400   9/24/2020   EUR   57.130
Landesbank Baden-Wu   5.750   1/22/2021   EUR   65.770
Landesbank Baden-Wu   5.000   2/26/2021   EUR   67.200
Landesbank Baden-Wu   8.000   1/22/2021   EUR   65.260
Landesbank Baden-Wu   6.250   1/22/2021   EUR   66.680
Landesbank Baden-Wu   5.000   7/22/2022   EUR   69.510
Landesbank Baden-Wu   2.000   1/22/2021   EUR   66.560
Landesbank Baden-Wu   2.000   1/22/2021   EUR   55.900
Landesbank Baden-Wu   4.000   1/22/2021   EUR   58.950
Landesbank Baden-Wu   5.750   1/22/2021   EUR   55.770
BNP Paribas Emissio   9.500   9/24/2020   EUR   74.280
Landesbank Baden-Wu   4.400   1/22/2021   EUR   68.840
Landesbank Baden-Wu   7.000   1/22/2021   EUR   64.270
Landesbank Baden-Wu   2.750   1/22/2021   EUR   50.210
Landesbank Baden-Wu   6.500   1/22/2021   EUR   43.990
Landesbank Baden-Wu   4.000   1/22/2021   EUR   56.320
BNP Paribas Emissio  10.000   9/24/2020   EUR   73.800
BNP Paribas Emissio  12.000   9/24/2020   EUR   71.120
Landesbank Baden-Wu   2.000   1/22/2021   EUR   72.410
EFG International F   8.400  10/30/2020   EUR   69.380
Leonteq Securities   23.440   03/09/2021  CHF   27.980
UBS AG/London        21.900  12/28/2020   EUR   66.860
UBS AG/London        11.200   3/25/2021   EUR   66.970
UBS AG/London         9.200  12/28/2020   EUR   59.030
UBS AG/London         8.400   3/25/2021   EUR   73.380
UBS AG/London         8.600   3/25/2021   EUR   70.610
UBS AG/London         3.300   3/25/2021   EUR   69.480
UBS AG/London         7.000   6/24/2021   EUR   56.890
UBS AG/London         7.600   3/25/2021   EUR   56.580
UBS AG/London        11.300   3/25/2021   EUR   66.230
UBS AG/London         5.900  12/28/2020   EUR   73.740
UBS AG/London         5.500   3/25/2021   EUR   60.570
UBS AG/London         4.900   3/25/2021   EUR   69.840
UBS AG/London         7.200   3/25/2021   EUR   66.940
UBS AG/London        13.700   9/24/2020   EUR   58.240
UBS AG/London         8.400   3/25/2021   EUR   72.100
UBS AG/London        25.200   9/24/2020   EUR   59.140
UBS AG/London         7.100   9/23/2021   EUR   56.840
UBS AG/London         8.600   3/25/2021   EUR   71.130
UBS AG/London        12.400  12/28/2020   EUR   64.690
UBS AG/London        11.200  12/28/2020   EUR   72.760
UBS AG/London        13.400  12/28/2020   EUR   71.650
UBS AG/London         2.500   3/25/2021   EUR   64.870
UBS AG/London         7.400   6/24/2021   EUR   70.620
UBS AG/London         9.200   9/24/2020   EUR   66.370
UBS AG/London         8.200   6/24/2021   EUR   69.460
UBS AG/London        12.700   6/24/2021   EUR   70.950
UBS AG/London         3.500   3/25/2021   EUR   62.670
UBS AG/London         6.200   9/23/2021   EUR   70.080
UBS AG/London        12.000   3/25/2021   EUR   71.790
UBS AG/London         7.400   3/25/2021   EUR   63.740
UBS AG/London         5.800   3/25/2021   EUR   57.990
UBS AG/London        10.600  12/28/2020   EUR   73.280
UBS AG/London        10.200  12/28/2020   EUR   66.580
UBS AG/London         7.500   3/25/2021   EUR   72.310
UBS AG/London        13.100  12/28/2020   EUR   71.830
UBS AG/London         9.600   3/25/2021   EUR   72.510
UBS AG/London        10.900  12/28/2020   EUR   72.580
UBS AG/London         4.600   3/25/2021   EUR   60.870
UBS AG/London         6.400   3/25/2021   EUR   57.210
UBS AG/London         3.000   3/25/2021   EUR   62.630
UBS AG/London         5.200   3/25/2021   EUR   67.730
UBS AG/London         6.900  12/28/2020   EUR   67.430
UBS AG/London         5.400   3/25/2021   EUR   66.690
UBS AG/London         8.900   9/24/2020   EUR   61.150
UBS AG/London         4.400   3/25/2021   EUR   54.400
UBS AG/London         4.900   3/25/2021   EUR   66.680
UBS AG/London         7.900   3/25/2021   EUR   71.640
UBS AG/London         9.900   3/25/2021   EUR   65.860
UBS AG/London         8.400  12/28/2020   EUR   62.930
UBS AG/London         7.600   9/24/2020   EUR   62.730
UBS AG/London         8.400   3/25/2021   EUR   74.160
UBS AG/London         5.900   3/25/2021   EUR   58.980
UBS AG/London         9.100  12/28/2020   EUR   68.630
UBS AG/London        24.300   9/24/2020   EUR   61.800
UBS AG/London         5.000   3/25/2021   EUR   62.340
UBS AG/London         9.600  12/28/2020   EUR   50.810
UBS AG/London        13.400   9/24/2020   EUR   65.590
UBS AG/London        22.400  12/28/2020   EUR   63.800
UBS AG/London        17.500  12/28/2020   EUR   64.110
UBS AG/London        10.600  12/28/2020   EUR   72.590
UBS AG/London        15.700   9/24/2020   EUR   62.620
UBS AG/London         8.800   3/25/2021   EUR   71.190
UBS AG/London         4.600   3/25/2021   EUR   70.730
UBS AG/London         7.500   3/25/2021   EUR   68.330
UBS AG/London         5.200   6/24/2021   EUR   68.090
UBS AG/London         7.800  12/28/2020   EUR   67.290
UBS AG/London         5.600   3/25/2021   EUR   60.100
UBS AG/London        12.500   3/25/2021   EUR   68.340
UBS AG/London         5.600   3/25/2021   EUR   64.680
UBS AG/London         5.800   3/25/2021   EUR   58.400
UBS AG/London        11.800   6/24/2021   EUR   55.780
UBS AG/London         4.900   3/25/2021   EUR   59.690
UBS AG/London        12.000   3/25/2021   EUR   71.540
UBS AG/London        12.600  12/28/2020   EUR   64.730
UBS AG/London         9.000   9/23/2021   EUR   56.310
UBS AG/London         7.000   3/25/2021   EUR   57.330
UBS AG/London        12.500   3/25/2021   EUR   69.380
UBS AG/London        14.100  12/28/2020   EUR   66.380
UBS AG/London         3.900   3/25/2021   EUR   59.080
UBS AG/London        12.700   6/24/2021   EUR   70.410
UBS AG/London         8.600  12/28/2020   EUR   69.980
Raiffeisen Schweiz    6.900   8/13/2020   CHF   70.350
Zurcher Kantonalban  10.100   08/12/2020  EUR   43.700
Vontobel Financial   16.000   6/26/2020   EUR   59.850
Vontobel Financial   20.500   6/26/2020   EUR   55.620
Vontobel Financial   10.500   9/25/2020   EUR   66.810
Vontobel Financial   13.500   9/25/2020   EUR   62.660
Raiffeisen Schweiz   10.000   8/17/2021   CHF   68.810
Raiffeisen Schweiz    7.500   5/14/2021   CHF   59.050
Societe Generale Ef  18.632   6/19/2020   EUR   37.040
Societe Generale Ef  12.849   6/19/2020   EUR   39.020
Leonteq Securities    6.500   03/08/2021  CHF   70.690
Leonteq Securities    7.200   09/08/2021  CHF   54.090
Deutsche Bank AG      8.200   9/22/2020   EUR   67.500
Deutsche Bank AG      8.200   6/23/2020   EUR   51.700
Deutsche Bank AG      8.200   6/23/2020   EUR   49.600
Deutsche Bank AG      8.200  12/22/2020   EUR   53.300
DZ Bank AG Deutsche   8.000   6/22/2020   EUR   68.670
Credit Suisse AG/Lo   7.000   06/08/2020  CHF   66.120
DekaBank Deutsche G   2.400   04/09/2021  EUR   56.760
DekaBank Deutsche G   3.200   04/09/2021  EUR   63.070
DekaBank Deutsche G   3.100   04/08/2022  EUR   41.870
Raiffeisen Schweiz    6.200   03/08/2021  CHF   66.980
Leonteq Securities    4.000   03/08/2022  EUR   55.720
Raiffeisen Schweiz    7.200   03/08/2021  EUR   66.260
Deutsche Bank AG      3.200   6/23/2020   EUR   58.300
Deutsche Bank AG      3.200  12/22/2020   EUR   64.000
HSBC Trinkaus & Bur   9.500   6/26/2020   EUR   66.820
HSBC Trinkaus & Bur   8.800   6/26/2020   EUR   66.770
HSBC Trinkaus & Bur   6.000   6/26/2020   EUR   66.590
HSBC Trinkaus & Bur   9.400   6/26/2020   EUR   46.960
HSBC Trinkaus & Bur   6.000  12/28/2020   EUR   41.620
HSBC Trinkaus & Bur   8.700  12/28/2020   EUR   41.620
HSBC Trinkaus & Bur   7.700  12/28/2020   EUR   58.390
HSBC Trinkaus & Bur  11.000   6/26/2020   EUR   63.860
HSBC Trinkaus & Bur   8.800  12/28/2020   EUR   64.630
HSBC Trinkaus & Bur   7.600   6/25/2021   EUR   67.200
HSBC Trinkaus & Bur   6.500   6/25/2021   EUR   68.170
Landesbank Hessen-T   6.600   02/01/2024  EUR   58.190
Landesbank Baden-Wu   3.250   2/24/2023   EUR   62.520
UniCredit Bank AG     7.350   7/16/2020   EUR   39.760
HSBC Trinkaus & Bur   3.900   9/25/2020   EUR   50.940
HSBC Trinkaus & Bur   6.100   6/26/2020   EUR   46.080
HSBC Trinkaus & Bur   4.300   6/26/2020   EUR   51.080
HSBC Trinkaus & Bur   3.200   9/25/2020   EUR   54.330
HSBC Trinkaus & Bur   7.500   6/26/2020   EUR   68.380
BNP Paribas Emissio   8.500   6/25/2020   EUR   65.150
BNP Paribas Emissio  10.000   6/25/2020   EUR   51.670
Erste Group Bank AG   9.000   1/31/2024   EUR   73.100
BNP Paribas Emissio   5.000   6/25/2020   EUR   71.950
Societe Generale Ef  12.207   6/19/2020   EUR   58.560
Societe Generale Ef  18.953   6/19/2020   EUR   50.680
HSBC Trinkaus & Bur   5.100   6/26/2020   EUR   59.350
Corner Banca SA       6.200   03/08/2022  CHF   71.250
Leonteq Securities   10.200   06/08/2020  USD   35.250
Leonteq Securities    8.000   09/08/2021  EUR   57.460
Deutsche Bank AG      8.200  12/22/2020   EUR   66.200
Deutsche Bank AG      8.200   6/23/2020   EUR   38.100
Deutsche Bank AG      8.200  12/22/2020   EUR   41.900
Deutsche Bank AG      8.200   9/22/2020   EUR   70.600
Deutsche Bank AG      8.200   6/23/2020   EUR   67.000
Deutsche Bank AG      8.200  12/22/2020   EUR   68.900
DZ Bank AG Deutsche   4.750   6/22/2020   EUR   63.620
Leonteq Securities    6.000   9/14/2021   CHF   64.980
Societe Generale Ef  13.200   9/19/2023   SEK   55.530
Landesbank Baden-Wu   2.200  12/23/2022   EUR   68.700
Landesbank Hessen-T   4.000  11/28/2024   EUR   68.570
Center-Invest Comme   7.000   03/03/2022  RUB   63.130
Zurcher Kantonalban   6.500   9/20/2021   CHF   68.240
Goldman Sachs & Co   10.000   3/24/2021   EUR   62.850
UBS AG/London         9.500   3/15/2021   EUR   68.050
UBS AG/London         6.000   3/15/2021   CHF   66.250
Erste Group Bank AG   4.250   9/28/2022   EUR   65.950
EFG International F   6.100   09/07/2020  CHF   61.240
UniCredit Bank AG     4.500   10/09/2020  EUR   54.700
Deutsche Bank AG      3.200  12/22/2020   EUR   52.250
Deutsche Bank AG      3.200  12/22/2020   EUR   44.940
UBS AG/London         5.500   09/07/2020  CHF   56.850
UniCredit Bank AG     4.400   04/12/2023  EUR   72.970
DekaBank Deutsche G   6.300   10/01/2021  EUR   53.280
Bank Julius Baer &    7.760   3/15/2021   CHF   60.350
UBS AG/London         7.000   3/15/2021   CHF   67.500
UBS AG/London         8.000   3/15/2021   CHF   70.050
UBS AG/London        11.000   3/15/2021   EUR   46.900
Erste Group Bank AG   8.000   9/28/2023   EUR   52.900
Landesbank Baden-Wu   2.600   8/27/2021   EUR   71.560
Landesbank Baden-Wu   3.250   8/27/2021   EUR   73.030
Credit Suisse AG/Lo   5.250   9/13/2021   CHF   67.280
Landesbank Baden-Wu   3.600  12/29/2020   EUR   60.690
Bayerische Landesba   2.500   08/07/2020  EUR   67.020
Vontobel Financial    3.000   09/05/2023  EUR   72.340
Deutsche Bank AG      3.200   6/23/2020   EUR   54.750
Deutsche Bank AG      3.200  12/22/2020   EUR   55.060
UniCredit Bank AG     6.650   10/09/2020  EUR   60.220
UBS AG/London         8.000   09/07/2020  CHF   64.000
Zurcher Kantonalban   5.500   9/14/2020   CHF   49.380
Leonteq Securities    6.000   9/17/2020   CHF   55.830
Landesbank Baden-Wu   3.250  11/26/2021   EUR   67.150
Raiffeisen Schweiz    5.000   09/10/2020  CHF   52.920
Landesbank Baden-Wu   2.150  12/23/2022   EUR   68.150
Landesbank Baden-Wu   3.000  12/23/2022   EUR   56.510
DekaBank Deutsche G   3.700   10/02/2020  EUR   54.790
DekaBank Deutsche G   3.150   10/02/2020  EUR   41.510
DekaBank Deutsche G   3.300   10/04/2021  EUR   65.390
DekaBank Deutsche G   3.100  12/21/2020   EUR   65.330
Societe Generale SA   7.000  10/20/2020   USD    0.010
Bayerische Landesba   3.300   07/03/2020  EUR   69.200
Landesbank Hessen-T   3.400   8/13/2020   EUR   60.100
Landesbank Hessen-T   3.350   8/13/2020   EUR   63.500
Landesbank Hessen-T   3.800   8/13/2020   EUR   67.000
Landesbank Hessen-T   2.500   8/13/2020   EUR   62.000
Bayerische Landesba   2.600   07/03/2020  EUR   62.230
Landesbank Baden-Wu   2.300   2/26/2021   EUR   68.290
Landesbank Hessen-T   3.100   8/13/2020   EUR   30.800
DekaBank Deutsche G   2.400   10/09/2020  EUR   54.750
Landesbank Hessen-T   4.000   2/17/2021   EUR   31.530
EFG International F   7.000   10/12/2020  EUR   48.370
Corner Banca SA       9.000   10/06/2020  CHF   48.600
UniCredit Bank AG     4.050  10/24/2021   EUR   54.330
Leonteq Securities    5.200   10/06/2020  CHF   58.940
Landesbank Hessen-T   3.000   08/06/2021  EUR   34.400
Leonteq Securities    7.400   10/12/2020  CHF   63.910
Leonteq Securities    6.000   10/12/2020  CHF   58.760
Credit Suisse AG/Lo   7.250  12/28/2020   EUR   44.480
DZ Bank AG Deutsche   6.000   9/23/2020   EUR   67.810
SG Issuer SA          6.700   07/10/2024  EUR   60.390
Landesbank Hessen-T   3.250   8/13/2020   EUR   58.000
DekaBank Deutsche G   2.600   10/09/2020  EUR   72.960
Citigroup Global Ma   5.600   9/15/2022   SEK   55.540
DekaBank Deutsche G   3.250   10/09/2020  EUR   64.190
Landesbank Hessen-T   4.000   2/17/2021   EUR   61.240
Landesbank Hessen-T   1.550  10/27/2020   EUR   52.180
EFG International F   7.000   10/12/2020  CHF   63.500
EFG International F   7.000   10/12/2020  CHF   49.410
UniCredit Bank AG     3.900  10/24/2021   EUR   37.680
Landesbank Hessen-T   3.350   08/06/2021  EUR   49.500
Landesbank Baden-Wu   2.750   9/23/2022   EUR   56.620
DekaBank Deutsche G   1.000   11/02/2021  EUR   50.220
Skandinaviska Enski   4.000   7/15/2022   SEK   76.310
Landesbank Baden-Wu   2.150   7/24/2020   EUR   67.380
Leonteq Securities   10.800   9/28/2020   CHF   67.020
Leonteq Securities    6.400   6/28/2021   CHF   63.980
Raiffeisen Schweiz    7.000   9/28/2020   EUR   69.240
Leonteq Securities   10.000   9/28/2020   USD   49.980
Raiffeisen Schweiz    6.100   6/28/2021   CHF   63.690
Vontobel Financial    7.000   6/26/2020   EUR   55.630
Vontobel Financial    9.000   6/26/2020   EUR   55.760
Vontobel Financial   10.500   6/26/2020   EUR   52.440
Vontobel Financial   10.500   6/26/2020   EUR   51.010
Vontobel Financial    8.000   6/26/2020   EUR   70.390
Vontobel Financial    8.500   6/26/2020   EUR   37.580
Vontobel Financial   11.500   6/26/2020   EUR   51.410
Raiffeisen Schweiz    6.000   07/01/2022  CHF   71.290
Credit Suisse AG/Lo   8.000   9/25/2020   CHF   69.320
Credit Suisse AG/Lo   7.000   10/01/2020  CHF   65.190
UniCredit Bank AG     4.400   01/09/2021  EUR   54.990
DZ Bank AG Deutsche   7.500   9/23/2020   EUR   59.910
DZ Bank AG Deutsche   8.750   9/23/2020   EUR   53.730
DZ Bank AG Deutsche  12.000   6/24/2020   EUR   67.060
DZ Bank AG Deutsche   6.250   9/23/2020   EUR   71.030
UniCredit Bank AG     4.000   12/07/2020  EUR   46.850
Landesbank Baden-Wu   6.000   8/27/2021   EUR   69.150
Landesbank Baden-Wu   4.750   8/27/2021   EUR   66.310
Landesbank Baden-Wu   6.250   8/27/2021   EUR   63.770
Landesbank Baden-Wu   3.500   8/27/2021   EUR   64.660
Landesbank Baden-Wu   6.500   8/27/2021   EUR   66.970
Landesbank Baden-Wu   8.000   8/27/2021   EUR   65.600
Landesbank Baden-Wu   4.500   8/27/2021   EUR   70.230
Landesbank Baden-Wu   5.000   8/27/2021   EUR   57.140
Landesbank Baden-Wu   5.750   8/27/2021   EUR   55.410
Landesbank Baden-Wu   2.500   8/27/2021   EUR   67.230
Landesbank Baden-Wu   4.250   8/27/2021   EUR   70.400
Landesbank Baden-Wu   7.500   8/27/2021   EUR   64.700
Landesbank Baden-Wu   3.250   8/27/2021   EUR   64.620
Landesbank Baden-Wu   7.250   8/27/2021   EUR   64.690
Landesbank Baden-Wu   3.500   8/27/2021   EUR   71.320
Landesbank Baden-Wu   4.500   8/27/2021   EUR   64.500
Landesbank Baden-Wu   8.750   8/27/2021   EUR   60.060
Vontobel Financial   10.000   06/12/2020  EUR   36.030
Zurcher Kantonalban   5.000   07/02/2021  CHF   73.660
Vontobel Financial    6.000   06/12/2020  EUR   71.080
Vontobel Financial    8.500   06/12/2020  EUR   66.080
Vontobel Financial   12.500   09/11/2020  EUR   59.030
Vontobel Financial   13.000   09/11/2020  EUR   66.000
UBS AG/London         7.500   01/04/2021  CHF   73.800
UBS AG/London         6.750   07/05/2021  CHF   52.100
UBS AG/London        14.000   07/06/2021  USD   54.080
Banque Cantonale Va   6.800   6/28/2021   CHF   52.820
SAir Group            5.125   03/01/2003  CHF   12.500
Erste Group Bank AG   4.750  12/20/2021   EUR   58.050
Leonteq Securities    8.000   12/08/2020  CHF   53.520
Landesbank Baden-Wu   2.050   1/28/2022   EUR   61.660
Corner Banca SA       8.200   6/15/2020   CHF   52.500
Leonteq Securities    7.400  12/15/2020   CHF   66.530
Leonteq Securities    7.000  12/15/2020   CHF   64.000
UniCredit Bank AG     4.200   12/08/2021  EUR   37.670
Leonteq Securities    7.400  12/15/2020   CHF   61.800
DekaBank Deutsche G   2.300   01/08/2021  EUR   45.920
Leonteq Securities    4.000  12/29/2020   CHF   29.840
Landesbank Hessen-T   3.300   6/15/2020   EUR   66.600
UBS AG/London         7.000   6/15/2020   CHF   44.200
Landesbank Hessen-T   8.000   01/05/2023  EUR   59.330
Leonteq Securities    8.000  12/22/2020   CHF   55.040
EFG International F   7.200  12/29/2020   EUR   44.970
DekaBank Deutsche G   3.050  11/20/2020   EUR   44.410
Vontobel Financial    4.500  12/30/2020   EUR   52.680
DekaBank Deutsche G   3.800  12/18/2020   EUR   40.910
UniCredit Bank AG     5.200   1/14/2021   USD   43.780
Landesbank Hessen-T   6.100  11/17/2020   EUR   49.970
Landesbank Baden-Wu   2.750  11/25/2022   EUR   54.740
UBS AG/London         5.250   06/01/2020  USD   55.800
Landesbank Baden-Wu   2.400   1/28/2022   EUR   63.810
DekaBank Deutsche G   2.200  11/20/2020   EUR   56.620
Leonteq Securities    9.800   06/12/2020  CHF   32.730
DekaBank Deutsche G   3.000  12/29/2022   EUR   53.320
BNP Paribas Issuanc   6.400   01/05/2024  SEK   71.790
EFG International F   7.400  12/21/2020   USD   44.570
DekaBank Deutsche G   2.150   01/04/2021  EUR   72.290
Zurcher Kantonalban   5.000  12/14/2020   EUR   54.850
EFG International F   7.200  11/16/2020   CHF   62.820
EFG International F   6.400  11/16/2020   CHF   56.050
UBS AG/London         8.000   06/08/2020  CHF   52.850
DekaBank Deutsche G   2.900   01/04/2021  EUR   48.270
DekaBank Deutsche G   2.100   01/04/2021  EUR   38.660
Skandinaviska Enski   4.744   1/17/2023   SEK   48.730
Leonteq Securities    6.800  12/15/2020   CHF   53.670
Landesbank Hessen-T   4.000   12/08/2021  EUR   51.770
Landesbank Baden-Wu   2.000   2/25/2022   EUR   62.070
Bayerische Landesba   2.000   12/11/2020  EUR   68.640
UniCredit Bank AG     4.200   01/04/2021  EUR   42.290
Landesbank Baden-Wu   2.700  10/28/2022   EUR   55.390
DekaBank Deutsche G   4.050   07/03/2020  EUR   60.810
Landesbank Baden-Wu   3.000   9/25/2020   EUR   59.350
EFG International F   7.400  12/21/2020   CHF   51.670
Landesbank Baden-Wu   2.900  11/26/2021   EUR   61.630
Skandinaviska Enski   8.600   1/17/2023   SEK   36.250
UniCredit Bank AG     4.400   12/10/2022  EUR   43.290
EFG International F   7.000  11/16/2020   EUR   46.180
Leonteq Securities    7.000  12/15/2020   EUR   61.140
Landesbank Hessen-T   4.000   12/08/2021  EUR   72.940
Landesbank Baden-Wu   2.200   2/25/2022   EUR   62.980
Landesbank Baden-Wu   2.500   1/28/2022   EUR   70.610
Landesbank Baden-Wu   3.200  12/29/2020   EUR   50.890
UniCredit Bank AG     3.300  12/29/2022   EUR   60.150
Landesbank Hessen-T   4.000   01/05/2022  EUR   36.380
UniCredit Bank AG     3.600   09/03/2020  EUR   51.000
Landesbank Hessen-T   5.000   04/05/2023  EUR   73.650
Landesbank Hessen-T   5.400   04/05/2023  EUR   57.510
UBS AG/London         5.500   06/08/2020  EUR   70.150
DekaBank Deutsche G   2.800   01/04/2021  EUR   52.560
Zurcher Kantonalban   4.500   12/07/2020  CHF   61.810
Landesbank Baden-Wu   3.300  12/29/2020   EUR   65.390
Landesbank Baden-Wu   3.750  12/29/2020   EUR   50.190
UniCredit Bank AG     3.800  12/29/2022   EUR   51.530
DekaBank Deutsche G   5.150   07/03/2020  EUR   47.950
DekaBank Deutsche G   6.300   07/03/2020  EUR   30.840
Leonteq Securities    7.000   12/08/2021  CHF   69.250
Leonteq Securities    8.000   12/08/2020  CHF   55.320
Leonteq Securities    7.200   12/08/2020  USD   42.050
Landesbank Hessen-T   3.500   01/05/2022  EUR   68.790
Landesbank Hessen-T   3.500   01/05/2022  EUR   44.360
DekaBank Deutsche G   2.450  11/20/2020   EUR   69.690
DekaBank Deutsche G   3.000  11/22/2021   EUR   70.480
Landesbank Baden-Wu   3.000   7/24/2020   EUR   57.790
Leonteq Securities    6.800  12/13/2021   CHF   71.070
UBS AG/London         5.000   11/02/2020  CHF   63.700
Landesbank Hessen-T   3.000   09/06/2021  EUR   72.800
HSBC Trinkaus & Bur   5.200   6/26/2020   EUR   41.130
HSBC Trinkaus & Bur   7.000   6/26/2020   EUR   33.680
DekaBank Deutsche G   3.100   12/03/2021  EUR   46.070
Landesbank Baden-Wu   3.000  10/23/2020   EUR   51.370
Landesbank Baden-Wu   3.000  10/23/2020   EUR   68.980
Landesbank Baden-Wu   3.000  10/23/2020   EUR   60.900
Landesbank Baden-Wu   2.500  10/23/2020   EUR   69.560
Landesbank Baden-Wu   3.000  10/23/2020   EUR   72.510
Landesbank Baden-Wu   3.000  10/23/2020   EUR   57.650
Landesbank Baden-Wu   5.000  10/23/2020   EUR   31.860
Landesbank Baden-Wu   4.750   8/28/2020   EUR   72.400
Landesbank Baden-Wu   3.000  10/23/2020   EUR   57.680
Landesbank Baden-Wu   3.000  10/23/2020   EUR   51.230
Landesbank Baden-Wu   3.000  10/23/2020   EUR   68.910
Landesbank Baden-Wu   3.500   7/23/2021   EUR   64.620
UBS AG/London         6.000  10/26/2020   EUR   53.400
Bayerische Landesba   2.500   12/03/2021  EUR   56.660
UniCredit Bank AG     5.350  11/27/2020   EUR   59.030
Landesbank Baden-Wu   5.000  10/23/2020   EUR   66.040
Landesbank Baden-Wu   3.000   7/23/2021   EUR   60.370
Landesbank Baden-Wu   3.800   8/28/2020   EUR   59.670
Landesbank Baden-Wu   5.500   8/28/2020   EUR   47.710
Landesbank Baden-Wu   5.500  10/23/2020   EUR   73.000
Landesbank Baden-Wu   3.000  10/23/2020   EUR   57.550
Landesbank Baden-Wu   3.000  10/23/2020   EUR   69.870
Landesbank Baden-Wu   7.000  10/23/2020   EUR   57.330
UBS AG/London         6.000   11/02/2020  CHF   57.300
DZ Bank AG Deutsche   6.000   9/23/2020   EUR   71.330
UniCredit Bank AG     8.100   6/25/2021   EUR   71.520
UniCredit Bank AG    10.700   6/25/2021   EUR   55.430
UniCredit Bank AG    10.600   6/25/2021   EUR   62.650
UniCredit Bank AG     7.500   6/25/2021   EUR   71.720
UniCredit Bank AG     8.200   6/25/2021   EUR   70.880
UniCredit Bank AG     8.600   6/25/2021   EUR   71.970
UniCredit Bank AG     9.900   6/25/2021   EUR   63.480
UniCredit Bank AG    11.100   6/25/2021   EUR   70.360
UniCredit Bank AG     8.600  12/24/2021   EUR   70.840
UniCredit Bank AG     7.100  12/24/2021   EUR   72.650
UniCredit Bank AG     9.600   6/25/2021   EUR   56.530
UniCredit Bank AG     5.100   6/25/2021   EUR   50.190
UniCredit Bank AG     8.600   6/25/2021   EUR   60.020
UniCredit Bank AG     9.400   6/25/2021   EUR   64.180
Leonteq Securities    7.400  10/13/2020   CHF   62.960
UniCredit Bank AG     9.700   6/25/2021   EUR   73.420
UniCredit Bank AG    10.900   6/25/2021   EUR   59.350
UniCredit Bank AG    12.300   6/25/2021   EUR   61.820
UniCredit Bank AG     7.300  12/24/2021   EUR   73.340
UniCredit Bank AG     9.500  12/24/2021   EUR   61.860
UniCredit Bank AG    11.400  12/24/2021   EUR   61.310
UniCredit Bank AG    10.200   6/25/2021   EUR   57.280
UniCredit Bank AG    11.300   6/25/2021   EUR   56.460
UniCredit Bank AG     7.100   6/25/2021   EUR   63.200
UniCredit Bank AG     7.000   6/25/2021   EUR   48.320
UniCredit Bank AG     8.500   6/25/2021   EUR   70.580
UniCredit Bank AG     9.800  12/28/2020   EUR   58.700
UniCredit Bank AG    12.300  12/28/2020   EUR   54.850
UniCredit Bank AG    14.400  12/28/2020   EUR   51.240
DZ Bank AG Deutsche   5.250   7/22/2020   EUR   44.670
Landesbank Hessen-T   5.000   9/22/2023   EUR   70.960
Landesbank Hessen-T   5.900   9/22/2023   EUR   63.770
DZ Bank AG Deutsche   6.000   9/23/2020   EUR   64.120
UniCredit Bank AG     7.800   6/25/2021   EUR   56.990
Landesbank Baden-Wu   2.100   6/25/2021   EUR   69.630
UniCredit Bank AG     6.000   6/25/2021   EUR   49.120
DekaBank Deutsche G   2.250   6/18/2021   EUR   62.430
UniCredit Bank AG    10.700   6/25/2021   EUR   64.890
UniCredit Bank AG     9.600   6/25/2021   EUR   69.630
UniCredit Bank AG     8.700  12/24/2021   EUR   59.870
UniCredit Bank AG     6.500  12/24/2021   EUR   55.910
UniCredit Bank AG     7.700  12/24/2021   EUR   63.050
UniCredit Bank AG     5.200   6/25/2021   EUR   64.780
UniCredit Bank AG     8.000   6/25/2021   EUR   59.410
UniCredit Bank AG     6.400   6/25/2021   EUR   58.380
UniCredit Bank AG     9.300   6/25/2021   EUR   55.970
DZ Bank AG Deutsche   6.500   6/24/2020   EUR   47.430
DZ Bank AG Deutsche   9.250   9/23/2020   EUR   62.230
Landesbank Hessen-T   4.750   05/11/2023  EUR   49.810
Landesbank Hessen-T   6.500   05/11/2023  EUR   59.600
UniCredit Bank AG    10.300   6/25/2021   EUR   57.660
UniCredit Bank AG    10.100   6/25/2021   EUR   46.880
UniCredit Bank AG     9.000   6/25/2021   EUR   47.160
UniCredit Bank AG     8.200   6/25/2021   EUR   65.940
UniCredit Bank AG     8.000   6/25/2021   EUR   62.060
UniCredit Bank AG    10.500   6/25/2021   EUR   69.250
UniCredit Bank AG    12.500   6/25/2021   EUR   67.100
UniCredit Bank AG     5.500   6/25/2021   EUR   64.710
UniCredit Bank AG    14.600   6/25/2021   EUR   60.480
UniCredit Bank AG    11.300   6/25/2021   EUR   55.530
UniCredit Bank AG     5.200  12/24/2021   EUR   66.010
UniCredit Bank AG     9.800  12/24/2021   EUR   71.180
UniCredit Bank AG     9.400   6/25/2021   EUR   49.660
UniCredit Bank AG     6.000   6/25/2021   EUR   62.580
UniCredit Bank AG    10.700   6/25/2021   EUR   48.440
Leonteq Securities    3.000   07/04/2024  CHF   73.150
UniCredit Bank AG    11.800   6/25/2021   EUR   54.520
UniCredit Bank AG    11.900   6/25/2021   EUR   55.800
DekaBank Deutsche G   2.800   6/19/2020   EUR   43.250
UniCredit Bank AG     6.200  12/24/2021   EUR   62.710
UniCredit Bank AG     7.300   6/25/2021   EUR   72.310
UniCredit Bank AG    10.600   6/25/2021   EUR   74.490
UniCredit Bank AG    12.000   6/25/2021   EUR   47.540
UniCredit Bank AG     6.500   6/25/2021   EUR   61.480
UniCredit Bank AG     7.500   6/25/2021   EUR   59.530
UniCredit Bank AG    11.800   6/25/2021   EUR   61.320
UniCredit Bank AG    14.000   6/25/2021   EUR   69.420
UniCredit Bank AG     7.600   6/25/2021   EUR   70.760
UniCredit Bank AG     7.000   6/25/2021   EUR   67.910
Societe Generale Ef  10.500   6/26/2020   EUR   70.200
Skandinaviska Enski   7.800   7/15/2024   SEK   27.730
Skandinaviska Enski   6.500   7/15/2024   SEK   43.470
Credit Suisse AG/Lo   7.000   10/09/2020  CHF   70.370
Landesbank Baden-Wu   3.750   4/23/2021   EUR   63.840
UniCredit Bank AG     6.100  12/24/2021   EUR   64.130
UniCredit Bank AG     7.300  12/24/2021   EUR   71.760
UniCredit Bank AG     6.400  12/24/2021   EUR   73.760
Leonteq Securities    6.800   05/11/2021  EUR   60.670
UniCredit Bank AG     8.300  12/29/2020   EUR   44.050
UniCredit Bank AG     8.500  12/29/2020   EUR   57.040
UniCredit Bank AG     6.200  12/29/2020   EUR   66.020
UniCredit Bank AG     7.400  12/29/2020   EUR   45.390
UniCredit Bank AG     9.300  12/29/2020   EUR   49.220
UniCredit Bank AG     7.000  12/29/2020   EUR   55.870
UniCredit Bank AG     9.200  12/29/2020   EUR   51.470
UniCredit Bank AG     9.200  12/29/2020   EUR   55.850
UniCredit Bank AG     9.400  12/29/2020   EUR   42.560
UniCredit Bank AG     7.600  12/29/2020   EUR   45.960
UniCredit Bank AG     7.300  12/29/2020   EUR   47.690
UniCredit Bank AG     9.800  12/29/2020   EUR   63.760
UniCredit Bank AG     7.900  12/29/2020   EUR   67.840
UniCredit Bank AG     7.100  12/29/2020   EUR   55.560
UniCredit Bank AG     7.400  12/29/2020   EUR   72.450
UniCredit Bank AG     8.400  12/29/2020   EUR   74.410
UniCredit Bank AG     6.700  12/29/2020   EUR   25.400
UniCredit Bank AG     6.500  12/29/2020   EUR   56.490
UniCredit Bank AG     7.900  12/29/2020   EUR   75.410
UniCredit Bank AG     9.800  12/29/2020   EUR   57.970
UniCredit Bank AG     8.500  12/29/2020   EUR   43.460
UniCredit Bank AG     9.500  12/29/2020   EUR   37.570
UniCredit Bank AG     8.400  12/29/2020   EUR   33.980
UniCredit Bank AG    11.500  12/29/2020   EUR   47.800
UniCredit Bank AG     8.100  12/29/2020   EUR   47.490
UniCredit Bank AG    10.000  12/29/2020   EUR   25.230
UniCredit Bank AG     8.100  12/29/2020   EUR   51.690
UniCredit Bank AG     6.600  12/29/2020   EUR   54.900
UniCredit Bank AG     8.400  12/29/2020   EUR   17.510
UniCredit Bank AG     8.900  12/29/2020   EUR   17.380
UniCredit Bank AG     9.200  12/29/2020   EUR   74.290
UniCredit Bank AG     7.300  12/29/2020   EUR   41.930
UniCredit Bank AG     6.700  12/29/2020   EUR   74.210
UniCredit Bank AG    10.500  12/29/2020   EUR   70.610
UniCredit Bank AG     6.600  12/29/2020   EUR   42.920
UniCredit Bank AG     6.600  12/29/2020   EUR   47.410
UniCredit Bank AG     7.400  12/29/2020   EUR   68.380
UniCredit Bank AG     6.700  12/29/2020   EUR   52.830
UniCredit Bank AG     9.300  12/29/2020   EUR   61.380
UniCredit Bank AG     6.800  12/29/2020   EUR   70.110
UniCredit Bank AG     8.300  12/29/2020   EUR   43.900
UniCredit Bank AG     8.600  12/29/2020   EUR   63.440
UniCredit Bank AG     9.300  12/29/2020   EUR   26.990
UniCredit Bank AG    10.500  12/29/2020   EUR   27.330
UniCredit Bank AG     7.000  12/29/2020   EUR   35.260
UniCredit Bank AG     8.400  12/29/2020   EUR   27.670
UniCredit Bank AG     7.400  12/29/2020   EUR   67.450
UniCredit Bank AG     8.800  12/29/2020   EUR   63.380
UniCredit Bank AG    10.200  12/29/2020   EUR   48.450
UniCredit Bank AG     8.800  12/29/2020   EUR   49.460
UniCredit Bank AG     9.400  12/29/2020   EUR   58.890
UniCredit Bank AG     7.600  12/29/2020   EUR   29.910
UniCredit Bank AG     9.200  12/29/2020   EUR   28.350
UniCredit Bank AG     8.000  12/29/2020   EUR   34.100
UniCredit Bank AG     8.500  12/29/2020   EUR   29.170
UniCredit Bank AG     6.400  12/29/2020   EUR   70.990
UniCredit Bank AG     7.500  12/29/2020   EUR   41.220
UniCredit Bank AG     9.600  12/29/2020   EUR   69.340
UniCredit Bank AG     8.300  12/29/2020   EUR   40.080
UniCredit Bank AG     7.800  12/29/2020   EUR   34.090
UniCredit Bank AG     8.700  12/29/2020   EUR   28.590
UniCredit Bank AG    10.600  12/29/2020   EUR   55.670
UniCredit Bank AG     8.400  12/29/2020   EUR   64.100
UniCredit Bank AG    10.800  12/29/2020   EUR   31.620
UniCredit Bank AG     8.000  12/29/2020   EUR   27.630
UniCredit Bank AG     8.100  12/29/2020   EUR   27.390
UniCredit Bank AG     9.200  12/29/2020   EUR   28.640
UniCredit Bank AG     6.100  12/29/2020   EUR   28.950
Raiffeisen Centroba   7.200   6/19/2020   EUR   46.030
UniCredit Bank AG     3.250   06/04/2021  EUR   60.430
UniCredit Bank AG     3.350   6/14/2022   EUR   69.980
UniCredit Bank AG     4.200   06/07/2021  EUR   61.640
Landesbank Baden-Wu   3.000   8/25/2023   EUR   59.480
Vontobel Financial    9.000   06/05/2020  EUR   28.180
DekaBank Deutsche G   2.200   4/16/2021   EUR   49.000
Landesbank Baden-Wu   4.400   6/24/2022   EUR   63.960
EFG International F   6.600   06/01/2021  CHF   61.240
UniCredit Bank AG     4.000   06/11/2020  EUR   36.880
Raiffeisen Schweiz    5.300  11/23/2020   CHF   41.780
Leonteq Securities    5.500   5/25/2021   CHF   44.290
Landesbank Baden-Wu   3.000   6/23/2023   EUR   62.900
Leonteq Securities    7.800   5/14/2021   CHF   22.040
DekaBank Deutsche G   3.500   8/14/2020   EUR   49.190
UniCredit Bank AG     7.700  12/29/2020   EUR   67.880
UniCredit Bank AG     8.200  12/29/2020   EUR   66.310
UniCredit Bank AG     7.600  12/29/2020   EUR   70.930
UniCredit Bank AG    10.200  12/29/2020   EUR   54.130
UniCredit Bank AG     8.800  12/29/2020   EUR   59.480
UniCredit Bank AG     8.600  12/29/2020   EUR   52.810
UniCredit Bank AG     8.500  12/29/2020   EUR   35.650
UniCredit Bank AG     6.200  12/29/2020   EUR   65.820
UniCredit Bank AG     7.400  12/29/2020   EUR   67.860
UniCredit Bank AG     7.200  12/29/2020   EUR   71.680
UniCredit Bank AG     7.200  12/29/2020   EUR   51.680
UniCredit Bank AG     9.300  12/29/2020   EUR   38.130
UniCredit Bank AG     6.900  12/29/2020   EUR   68.480
UniCredit Bank AG     7.500  12/29/2020   EUR   53.140
UniCredit Bank AG     6.600  12/29/2020   EUR   35.760
UniCredit Bank AG     7.000  12/29/2020   EUR   64.370
UniCredit Bank AG     6.100  12/29/2020   EUR   70.730
UniCredit Bank AG     7.300  12/29/2020   EUR   53.610
UniCredit Bank AG     3.800  10/24/2021   EUR   75.050
DekaBank Deutsche G   2.600   8/14/2020   EUR   71.270
UniCredit Bank AG     6.200  12/29/2020   EUR   38.190
UniCredit Bank AG     7.000  12/29/2020   EUR   53.010
UniCredit Bank AG     6.300  12/29/2020   EUR   63.550
UniCredit Bank AG     8.400  12/29/2020   EUR   41.470
UniCredit Bank AG     9.000  12/29/2020   EUR   63.760
UniCredit Bank AG     8.200  12/29/2020   EUR   60.490
UniCredit Bank AG     6.800  12/29/2020   EUR   40.400
UniCredit Bank AG     8.700  12/29/2020   EUR   76.030
UniCredit Bank AG     7.900  12/29/2020   EUR   50.450
UniCredit Bank AG     6.300  12/29/2020   EUR   50.220
UniCredit Bank AG    10.100  12/29/2020   EUR   42.790
UniCredit Bank AG     7.100  12/29/2020   EUR   45.370
UniCredit Bank AG     8.100  12/29/2020   EUR   44.890
UniCredit Bank AG     9.200  12/29/2020   EUR   69.660
UniCredit Bank AG     7.600  12/29/2020   EUR   22.330
UniCredit Bank AG     7.300  12/29/2020   EUR   65.340
UniCredit Bank AG     6.900  12/29/2020   EUR   41.280
UniCredit Bank AG    10.800  12/29/2020   EUR   66.950
UniCredit Bank AG     7.000  12/29/2020   EUR   71.210
UniCredit Bank AG     8.800  12/29/2020   EUR   38.550
UniCredit Bank AG    11.000  12/29/2020   EUR   48.620
UniCredit Bank AG     7.000  12/29/2020   EUR   69.950
UniCredit Bank AG     8.200  12/29/2020   EUR   67.870
UniCredit Bank AG     8.100  12/29/2020   EUR   53.030
UniCredit Bank AG     9.200  12/29/2020   EUR   45.610
UniCredit Bank AG     9.300  12/29/2020   EUR   25.510
UniCredit Bank AG     4.000   06/07/2022  EUR   38.170
UniCredit Bank AG     3.700   06/04/2022  EUR   74.810
Bank Julius Baer &   10.000   07/08/2020  EUR   50.050
Raiffeisen Schweiz    4.500   07/05/2021  CHF   35.720
DZ Bank AG Deutsche   6.700   9/21/2020   EUR   71.160
DekaBank Deutsche G   3.000   7/24/2020   EUR   61.510
DZ Bank AG Deutsche  10.500   6/22/2020   EUR   70.050
DZ Bank AG Deutsche  10.000   9/21/2020   EUR   68.550
DZ Bank AG Deutsche   5.250   9/21/2020   EUR   66.520
Zurcher Kantonalban   6.750   7/16/2021   CHF   66.000
UniCredit Bank AG     7.000  12/29/2020   EUR   41.470
UniCredit Bank AG     7.500  12/29/2020   EUR   42.610
UniCredit Bank AG     6.200  12/29/2020   EUR   57.390
UniCredit Bank AG     6.100  12/29/2020   EUR   41.580
UniCredit Bank AG     6.500  12/29/2020   EUR   56.050
UniCredit Bank AG     8.700  12/29/2020   EUR   39.040
UniCredit Bank AG    10.500  12/29/2020   EUR   48.460
UniCredit Bank AG     7.500  12/29/2020   EUR   54.150
UniCredit Bank AG     6.700  12/29/2020   EUR   67.240
UniCredit Bank AG    11.800  12/29/2020   EUR   33.480
Leonteq Securities    5.600   5/25/2021   CHF   24.700
Vontobel Financial   11.500   6/26/2020   EUR   63.400
Vontobel Financial    9.500   6/26/2020   EUR   68.610
Vontobel Financial    9.500   6/26/2020   EUR   60.820
Vontobel Financial   10.500   6/26/2020   EUR   52.850
Vontobel Financial   14.000   6/26/2020   EUR   60.160
DZ Bank AG Deutsche   8.250   6/22/2020   EUR   65.050
Zurcher Kantonalban   6.500   7/16/2021   EUR   62.500
UniCredit Bank AG     4.000  10/30/2021   EUR   62.450
DZ Bank AG Deutsche  12.200   6/22/2020   EUR   65.770
EFG International F   7.600   10/11/2021  CHF   64.750
Landesbank Baden-Wu   3.000   3/25/2022   EUR   59.450
UBS AG/London         6.750  11/17/2020   CHF   56.700
Leonteq Securities    3.250   5/18/2021   CHF   62.540
DZ Bank AG Deutsche   7.250   6/22/2020   EUR   65.300
Bayerische Landesba   2.500   6/18/2021   EUR   63.570
DZ Bank AG Deutsche   9.250   9/21/2020   EUR   62.270
Zurcher Kantonalban   5.250   7/16/2021   CHF   66.990
Bayerische Landesba   3.000   11/05/2021  EUR   61.810
UniCredit Bank AG     8.900   6/26/2020   EUR   67.300
UniCredit Bank AG     9.000   6/26/2020   EUR   70.580
UniCredit Bank AG    12.600   6/26/2020   EUR   64.350
UniCredit Bank AG    10.300   6/26/2020   EUR   67.760
Landesbank Hessen-T   2.500   5/20/2021   EUR   58.800
Landesbank Baden-Wu   3.500   6/25/2021   EUR   59.450
Bayerische Landesba   2.800   06/05/2020  EUR   70.450
Societe Generale Ef  11.750   6/26/2020   EUR   69.440
Societe Generale Ef   7.750   6/26/2020   EUR   55.980
Societe Generale Ef   5.500   6/26/2020   EUR   69.650
Societe Generale Ef   7.500   6/26/2020   EUR   65.870
Commerzbank AG        6.000   05/09/2022  USD    0.160
Societe Generale Ef   4.500   6/26/2020   EUR   45.380
Societe Generale Ef  11.750   6/26/2020   EUR   50.910
Societe Generale Ef   4.500   6/26/2020   EUR   72.040
Societe Generale Ef   6.500   6/26/2020   EUR   67.610
Societe Generale Ef  10.500   6/26/2020   EUR   64.340
Societe Generale Ef   3.750   6/26/2020   EUR   64.680
Societe Generale Ef   5.750   6/26/2020   EUR   59.550
Landesbank Hessen-T   6.000   03/10/2023  EUR   66.880
UBS AG/London         6.500   07/12/2021  EUR   52.500
EFG International F  10.000   7/15/2020   CHF   55.690
UniCredit Bank AG     9.800   6/25/2021   EUR   57.120
UniCredit Bank AG     4.000   7/31/2020   EUR   54.170
Societe Generale Ef  11.500   6/26/2020   EUR   72.170
Societe Generale Ef   9.750   6/26/2020   EUR   53.100
BNP Paribas Issuanc   5.000   06/12/2023  SEK   68.580
Societe Generale Ef  11.250   6/26/2020   EUR   69.110
Societe Generale Ef   9.500   6/26/2020   EUR   62.900
Landesbank Hessen-T   8.200   06/09/2022  EUR   54.020
Societe Generale Ef   5.250   6/26/2020   EUR   68.970
Societe Generale Ef  14.000   6/26/2020   EUR   61.370
Societe Generale Ef   5.250   6/26/2020   EUR   74.410
Societe Generale Ef   4.500   6/26/2020   EUR   59.960
Societe Generale Ef   6.500   6/26/2020   EUR   50.670
Societe Generale Ef   7.500   6/26/2020   EUR   49.210
Societe Generale Ef   9.500   6/26/2020   EUR   46.770
Societe Generale Ef  12.750   6/26/2020   EUR   46.630
Societe Generale Ef   8.500   6/26/2020   EUR   60.150
Societe Generale Ef  12.500   6/26/2020   EUR   60.640
Bayerische Landesba   3.200  11/20/2020   EUR   62.480
Societe Generale Ef   7.250   6/26/2020   EUR   63.320
Societe Generale Ef   6.500   6/26/2020   EUR   56.020
Societe Generale Ef   8.500   6/26/2020   EUR   53.200
Societe Generale Ef  14.750   6/26/2020   EUR   44.010
Societe Generale Ef  10.000   6/26/2020   EUR   71.240
Societe Generale Ef   9.250   6/26/2020   EUR   72.740
Societe Generale Ef   8.500   6/26/2020   EUR   64.310
Skandinaviska Enski   8.300   7/17/2023   SEK   40.680
Landesbank Hessen-T   3.150   05/11/2022  EUR   54.730
UBS AG/London         8.500   07/10/2020  CHF   70.950
UBS AG/London        11.000   07/10/2020  CHF   52.750
Landesbank Baden-Wu   2.900  12/29/2020   EUR   64.850
Landesbank Baden-Wu   2.400  12/29/2020   EUR   72.100
DekaBank Deutsche G   4.250   11/09/2020  EUR   62.760
UBS AG/London         6.250   06/02/2020  CHF   71.350
UBS AG/London         7.000   06/02/2020  CHF   36.300
UBS AG/London         7.500   06/01/2020  EUR   72.100
Vontobel Financial   18.000   9/25/2020   EUR   67.260
Vontobel Financial    4.000   6/26/2020   EUR   73.470
Vontobel Financial   11.500   9/25/2020   EUR   53.500
DekaBank Deutsche G   2.200   06/08/2020  EUR   74.200
DekaBank Deutsche G   2.250   06/08/2020  EUR   62.400
UBS AG/London         7.500   07/10/2020  CHF   68.900
Leonteq Securities   10.000   12/07/2020  EUR   52.450
DekaBank Deutsche G   4.250   05/03/2022  EUR   52.520
Landesbank Hessen-T   3.450   09/09/2020  EUR   60.700
UniCredit Bank AG     3.300   06/11/2021  EUR   62.220
Bank Julius Baer &    6.750   7/13/2020   EUR   43.400
Bank Julius Baer &    8.050   7/13/2020   EUR   55.600
Vontobel Financial   18.500   6/26/2020   EUR   57.500
Leonteq Securities    7.400  11/25/2020   CHF   24.400
Raiffeisen Schweiz    3.100   5/28/2021   CHF   67.120
Raiffeisen Centroba   5.500   6/30/2020   EUR   64.630
Landesbank Baden-Wu   2.650   8/26/2022   EUR   67.830
UBS AG/London         6.250   07/12/2021  CHF   64.650
EFG International F   7.000   07/11/2022  CHF   66.990
Landesbank Hessen-T   5.200   08/09/2024  EUR   56.010
UniCredit Bank AG    13.500   6/25/2021   EUR   61.160
UniCredit Bank AG     6.600  12/24/2021   EUR   72.340
UniCredit Bank AG     8.300  12/24/2021   EUR   62.060
UniCredit Bank AG     8.300  12/24/2021   EUR   65.410
Leonteq Securities    7.000   04/09/2021  EUR   70.670
UniCredit Bank AG     8.600  12/24/2021   EUR   62.510
Societe Generale Ef   3.750   5/24/2021   EUR   22.720
UniCredit Bank AG    10.200  12/24/2021   EUR   56.720
UniCredit Bank AG     7.700  12/24/2021   EUR   49.390
UniCredit Bank AG    10.300  12/24/2021   EUR   58.650
Raiffeisen Schweiz    6.250   12/01/2020  CHF   63.490
UniCredit Bank AG     7.000  12/24/2021   EUR   61.530
UniCredit Bank AG    11.100   6/25/2021   EUR   62.590
Societe Generale Ef  10.750   6/26/2020   EUR   66.730
Societe Generale Ef   4.500   6/26/2020   EUR   63.170
UniCredit Bank AG     8.000  12/24/2021   EUR   72.080
UniCredit Bank AG     8.100  12/24/2021   EUR   58.320
Leonteq Securities    5.000  10/13/2020   CHF   46.760
Bayerische Landesba   2.800   12/11/2020  EUR   60.760
UniCredit Bank AG    10.600  12/24/2021   EUR   60.790
UniCredit Bank AG    11.100   6/25/2021   EUR   69.940
UniCredit Bank AG     9.400  12/24/2021   EUR   72.170
Bayerische Landesba   3.000   09/04/2020  EUR   70.320
UniCredit Bank AG     7.200  12/24/2021   EUR   63.020
UniCredit Bank AG     6.500  12/24/2021   EUR   72.520
UniCredit Bank AG     7.900  12/24/2021   EUR   71.790
UniCredit Bank AG    10.500  12/24/2021   EUR   61.610
UniCredit Bank AG     9.300  12/24/2021   EUR   51.530
UniCredit Bank AG    12.300  12/24/2021   EUR   61.090
UniCredit Bank AG     4.630   7/30/2020   EUR   45.430
UniCredit Bank AG     9.500  12/24/2021   EUR   59.210
UniCredit Bank AG     6.900  12/24/2021   EUR   58.960
Raiffeisen Schweiz    5.200   12/01/2020  CHF   53.500
Landesbank Baden-Wu   2.800   6/25/2021   EUR   65.800
Societe Generale Ef   8.750   6/26/2020   EUR   69.960
Societe Generale Ef  12.500   6/26/2020   EUR   53.720
Landesbank Baden-Wu   3.500   6/26/2020   EUR   49.730
Societe Generale Ef   9.500   6/26/2020   EUR   71.830
Societe Generale Ef  15.250   6/26/2020   EUR   50.150
Societe Generale Ef   7.000   6/26/2020   EUR   74.550



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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 2020.  All rights reserved.  ISSN 1529-2754.

This material is copyrighted and any commercial use, resale or
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