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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, January 25, 2021, Vol. 22, No. 12

                           Headlines



F R A N C E

COBALT BIDCO: Moody's Completes Review, Retains B2 CFR
HOMEVI SAS: Moody's Completes Review, Retains B1 CFR
VIVALTO SANTE: Moody's Completes Review, Retains B2 CFR
[*] FRANCE: Number of Business Bankruptcies Falls 38% in 2020


G E O R G I A

BANK OF GEORGIA: Fitch Downgrades Support Ratings


G E R M A N Y

[*] GERMANY: State Support Keeps One in Ten Companies Afloat


H U N G A R Y

BUDAPEST: Warns of Insolvency Risk on Tax Squeeze


I R E L A N D

CARLYLE GLOBAL 2015-2: Moody's Affirms B2 Rating on Cl. E Notes
CVC CORDATUS XIX: Moody's Gives B3 Rating on Class F Notes
CVC CORDATUS XIX: S&P Assigns B- Rating on Class F Notes
PIONEER AIRCRAFT: Fitch Lowers Rating on Series C Debt to 'B'


L A T V I A

DZINTARS: To Soon Trade Under H.A.Brieger Name


N O R W A Y

NORWEGIAN AIR: Examiner Has Another Month to Finalize Rescue Plan


R U S S I A

SOVCOMBANK: Fitch Gives Final 'BB+' Rating to USD300MM Eurobond


S P A I N

CAJAMAR CAJA: Fitch Withdraws Ratings for Commercial Reasons


U N I T E D   K I N G D O M

LONDON CAPITAL: Retail Investors Entitled to FSCS Payouts
SUPERDRY: Expresses Going Concern Doubt Following Losses
[*] UK: FSB Expect 250,000 Insolvencies Over Coming Period
[] UK: 33,000 Scottish Businesses Show Signs of Distress


X X X X X X X X

[*] BOND PRICING: For the Week January 18 to January 22, 2021

                           - - - - -


===========
F R A N C E
===========

COBALT BIDCO: Moody's Completes Review, Retains B2 CFR
------------------------------------------------------
Moody's Investors Service has completed a periodic review of the
ratings of Cobalt BidCo and other ratings that are associated with
the same analytical unit. The review was conducted through a
portfolio review discussion held on January 14, 2021 in which
Moody's reassessed the appropriateness of the ratings in the
context of the relevant principal methodology(ies), recent
developments, and a comparison of the financial and operating
profile to similarly rated peers. The review did not involve a
rating committee. Since January 1, 2019, Moody's practice has been
to issue a press release following each periodic review to announce
its completion.

This publication does not announce a credit rating action and is
not an indication of whether or not a credit rating action is
likely in the near future. Credit ratings and outlook/review status
cannot be changed in a portfolio review and hence are not impacted
by this announcement.

Key rating considerations.

Cobalt BidCo (Colisee)'s B2 corporate family rating reflects its
strong market position in the French and Belgian nursing care
market; high and growing demand for dependent care, driven by an
ageing population; high barriers to entry and regulatory limits on
new care facilities; management's good track record of growing both
organically and externally; and Colisee's good liquidity and
positive free cash flow. Moody's rating also considers Colisée's
high leverage, with 7.8x Moody's-adjusted debt/EBITDA expected for
2020; the company's smaller total revenue compared with rated
health care peers; concentration in a highly regulated sector; high
operating leverage (mainly nonmedical personnel expenses and rent);
exposure to reputational risk (mitigated by the high quality
services offered); and the risk that debt-financed acquisitions
slow deleveraging and keep the company weakly positioned in the B2
category.

The principal methodology used for this review was Business and
Consumer Service Industry published in October 2016.


HOMEVI SAS: Moody's Completes Review, Retains B1 CFR
----------------------------------------------------
Moody's Investors Service has completed a periodic review of the
ratings of HomeVi S.a.S. and other ratings that are associated with
the same analytical unit. The review was conducted through a
portfolio review discussion held on January 14, 2021 in which
Moody's reassessed the appropriateness of the ratings in the
context of the relevant principal methodology(ies), recent
developments, and a comparison of the financial and operating
profile to similarly rated peers. The review did not involve a
rating committee. Since January 1, 2019, Moody's practice has been
to issue a press release following each periodic review to announce
its completion.

This publication does not announce a credit rating action and is
not an indication of whether or not a credit rating action is
likely in the near future. Credit ratings and outlook/review status
cannot be changed in a portfolio review and hence are not impacted
by this announcement.

Key rating considerations.

HomeVi S.a.S.'s (DomusVi) B1 corporate family rating (CFR) is
supported by its leading position in the fragmented French and
Spanish nursing home markets, which exhibit positive long-term
demand prospects; its good track record of organic growth,
integration of acquisitions and good profitability compared with
those of its peers; its good geographical and product
diversification; and the high barriers to entry, including
regulatory restrictions on the creation of new beds through limited
new greenfield authorizations. Conversely, DomusVi's rating is
constrained by its high gross leverage, which Moody's estimate at
6.8x as of the end of September 2020 pro forma the acquisitions
made in 2019 and 2020; high level of fixed costs, which are related
to personnel and rental expenses; and exposure to the highly
regulated French market, particularly with respect to the fee rates
applicable to the existing clients.

The principal methodology used for this review was Business and
Consumer Service Industry published in October 2016.


VIVALTO SANTE: Moody's Completes Review, Retains B2 CFR
-------------------------------------------------------
Moody's Investors Service has completed a periodic review of the
ratings of Vivalto Sante Investissement and other ratings that are
associated with the same analytical unit. The review was conducted
through a portfolio review discussion held on January 14, 2021 in
which Moody's reassessed the appropriateness of the ratings in the
context of the relevant principal methodology(ies), recent
developments, and a comparison of the financial and operating
profile to similarly rated peers. The review did not involve a
rating committee. Since January 1, 2019, Moody's practice has been
to issue a press release following each periodic review to announce
its completion.

This publication does not announce a credit rating action and is
not an indication of whether or not a credit rating action is
likely in the near future. Credit ratings and outlook/review status
cannot be changed in a portfolio review and hence are not impacted
by this announcement.

Key rating considerations.

Vivalto Sante Investissement's B2 corporate family rating reflects
the company's overall high degree of visibility regarding its
future operating performance, supported by favourable demographics
and the role of Social Security (the French national health system)
as the payer; its history of solid organic growth, driven by the
high quality of facilities and the ongoing recruitment of
practitioners; the overall high barriers to entry, which result
from the need to obtain necessary authorizations and attract
qualified personnel; its adequate liquidity and positive free cash
flow generation; and some financial flexibility resulting from the
ownership of around 60% of its facilities. The B2 rating is
constrained by the company's small scale in terms of total revenue
compared with that of other healthcare companies Moody's rate; its
high leverage, measured by Moody's-adjusted (gross) debt/EBITDA,
which Moody's expects to be between 4.5x and 5x in the next 12
months; its high exposure to a regulated sector; and a certain
degree of event risk related to acquisitions as the industry
continues to consolidate.

The principal methodology used for this review was Business and
Consumer Service Industry published in October 2016.


[*] FRANCE: Number of Business Bankruptcies Falls 38% in 2020
-------------------------------------------------------------
Rudy Ruitenberg at Bloomberg News reports that the number of
bankruptcies and firms seeking protection from creditors or
entering receivership in France fell 38% in 2020, as government aid
in the face of the coronavirus pandemic kept French companies
afloat, according to figures gathered by enterprise-data firm
Altares.

Thierry Millon, its head of research, said that may foreshadow a
wave of defaults in 2021 and 2022, Bloomberg notes.

Like elsewhere in Europe, France stepped in with billions of euros
to bolster companies and preserve jobs, Bloomberg states.  Business
failures in the country fell to 32,184 last year, about 20,000
fewer than a year earlier and the lowest since 1987, Bloomberg
relays, citing Altares.

Without government measures such as guaranteed loans, partial
unemployment support and a delay on insolvency declarations, Mr.
Mr. Millon estimates 80,000 companies would have faced default or
gone bust, according to Bloomberg.

"The number is a statistical anomaly, not an economic reality,"
Bloomberg quotes Mr. Millon as saying.  "There are weak companies
that only survived because of the government aid, and once the
public aid starts being switched off, they'll tumble quite
quickly."

Finance Minister Bruno Le Maire has predicted a difficult first
quarter for the French economy with a significant rebound possible
in the second half, Bloomberg recounts.  

The Bank of France expects the French economy to expand 5% in 2021
and in 2022 after an estimated 9% contraction last year, Bloomberg
discloses.

According to Bloomberg, Altares said as the economy returns to
normal, government aid gets wound down and loan repayments come
due, business failures may climb to 55,000 in 2021 and more than
60,000 in 2022, compared with 52,002 in 2019.

The government "spent a lot of money, but the money was handed out
a little blindly -- the idea was to help everyone,"

Mr. Millon, as cited by Bloomberg, said.  "There are companies that
are scraping by, and you can't just subsist for a long time.  Of
the 20,000 that were spared, not all can survive."

Even amid the lower trend, bankruptcies and insolvencies rose in
some parts of the economy, including a 3.1% increase for travel
agencies and a 22% jump for retailers of travel goods amid a
tourism slump, Bloomberg notes.  Butchers faced a 16% rise in
defaults as restaurants were shuttered, Bloomberg discloses.

Mr. Millon, as cited by Bloomberg, the trend for this year will
become clear in February and March after companies draw up their
2020 accounts. He expects more failures in consumer-targeted
businesses such as restaurants, non-food retailers, hair dressers
and beauty salons, Bloomberg relays.

According to Bloomberg, the Altares research head said in the
second half, policy makers' challenge will be to help companies
beef up their balance sheets and cash positions to meet a demand
recovery.  

Mr. Millon said in 2022, the situation for French companies will
change again as corporate loans taken out to survive the economic
crisis start being called, according to Bloomberg.

The Association for Financial Markets in Europe said in a report on
Jan. 19 companies may need around EUR1 trillion (US$1.2 trillion)
in equity after coronavirus restrictions eroded their revenues,
while existing programs as well as private funding will only be
able to cover between EUR400 and EUR550 billion, Bloomberg notes.




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G E O R G I A
=============

BANK OF GEORGIA: Fitch Downgrades Support Ratings
-------------------------------------------------
Fitch Ratings has downgraded three systemically important Georgian
banks' Support Ratings to '5' from '4' and revised the banks'
Support Rating Floors (SRFs) to 'No Floor' from 'B'. The ratings
have been removed from Rating Watch Negative (RWN). The affected
banks are JSC TBC Bank (TBC), JSC Bank of Georgia (BOG) and JSC
Liberty Bank (LB). The rating actions follow the recent
introduction of bank resolution legislation.

All other ratings are unaffected, including the banks' Long-Term
Issuer Default Ratings of 'BB-' (TBC and BOG) and 'B+' (LB).

KEY RATING DRIVERS

The rating actions reflect the recent adoption of legislation on
Georgia's bank resolution framework, which in Fitch's view provides
a credible mechanism for the bail-in of senior creditors in the
event of bank failures. Fitch believes that this legislation,
combined with constraints on the ability of the authorities to
provide support, mean that government bail-outs, although still
possible, can no longer be relied upon.

Georgia's bail-in regime is to a large degree in line with
frameworks introduced in many developed markets by providing the
authorities with a clear mechanism to impose the cost of a failed
bank onto creditors rather than taxpayers without initiating
bankruptcy proceedings.

The regime does not provide for mandatory senior creditor bail-in
in case of failure, but instead states that decisions on bail-in
and/or support will be at the sole discretion of the authorities,
based on such considerations as broader financial market stability
and the ability of the bank to continue its key operations. This
suggests that support for senior creditors is still possible, but
the adoption of the resolution framework, combined with constraints
on support ability, mean that support can no longer be relied upon,
in Fitch's view.

Fitch believes that the ability of the authorities to provide
support is limited primarily because of the high dollarisation of
the banking system, with 62% of total liabilities being denominated
in foreign currencies (FC) at end-11M20. The banking system's FC
liabilities of USD9.4 billion exceed the National Bank's
foreign-exchange reserves of USD3.9 billion. As a result, Fitch
sees a significant risk of banks' need for government support
coinciding with heightened constraints on the ability of the
authorities to provide it due to stress in the country's external
finances.

Under Fitch's bank rating framework, IDRs are assigned at the
higher of Fitch’s intrinsic financial assessment, as reflected in
Viability Ratings (VRs), and Fitch’s assessment of external
support, as reflected in SRFs for government support. As the VRs of
the three Georgian banks of 'bb-' (TBC and BOG) and 'b+' (LB) were
already above their SRFs, the downward revision of the latter has
no impact on the three banks' IDRs, or on the 'BB-' senior debt
ratings of BOG and TBC.

The Georgian resolution framework provides for mandatory bail-in of
junior liabilities (including tier 2 debt and tier 1 securities)
prior to any government support being provided to a failed bank.
The ratings of TBC's and BOG's AT1 securities at 'B-' are notched
down three times from the banks' respective VRs and do not factor
in any potential government support. Accordingly, these ratings are
also unaffected by today's actions.

RATING SENSITIVITIES

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

-- The upside for the banks' SRs and SRFs is currently limited,
    but could result from a record of equity support being
    provided by the authorities to failed banks under current
    legislation.

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

-- All three banks' SRs and SRFs are already at the lowest
    possible levels, in accordance with Fitch's Bank Rating
    Criteria, and therefore cannot be downgraded or revised lower.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Financial Institutions and
Covered Bond 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.

ESG CONSIDERATIONS

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




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

[*] GERMANY: State Support Keeps One in Ten Companies Afloat
------------------------------------------------------------
John O'Donnell at Reuters reports that the International Monetary
Fund has found government support is keeping roughly one in ten
German companies afloat that would otherwise have gone bust during
the coronavirus pandemic.

According to Reuters, in a report that on Jan. 19 laid bare the
scale of economic damage masked by state aid, the Fund also warned
that, once support was unwound, bankruptcy could soar, potentially
weakening Germany's banks.

The analysis said the pandemic impact was worst for hotels and
restaurants, where almost a third of loans could have gone unpaid
without state relief, Reuters relates.

German government support -- broad-based and including guarantees,
grants and waivers on filing for insolvency -- has been among the
most generous among western nations, Reuters relays, citing a
separate study by think tank Bruegel.

Some domestic critics say the breadth of the aid has prevented
underperforming companies from being weeded out and, although the
pandemic has shuttered businesses, the insolvency waiver offer
meant German bankruptcies fell 13% year on year in the first nine
months of 2020 and almost a third in October, Reuters discloses.

The IMF said bankruptcies "might jump" when support was unwound,
particularly among smaller firms that are heavy borrowers from the
community savings banks at the heart of the financial system,
Reuters notes.




=============
H U N G A R Y
=============

BUDAPEST: Warns of Insolvency Risk on Tax Squeeze
-------------------------------------------------
Bloomberg Tax reports that Hungary's capital is on track to become
insolvent later this year as a result of Prime Minister Viktor
Orban's financial squeeze of municipal budgets, Budapest Deputy
Mayor Ambrus Kiss told Nepszava newspaper.

Falling revenue during the coronavirus pandemic combined with
government-imposed tax cuts mean Budapest may become unable to pay
salaries and bills for municipal services by November, Ambrus said
in an interview published on Jan. 7 in Nepszava, Bloomberg Tax
relays.

Orban is bleeding cities of their revenue ahead of the 2022
parliamentary election after opposition parties gained control of
key urban centers a little over a year ago, according to Bloomberg
Tax.




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

CARLYLE GLOBAL 2015-2: Moody's Affirms B2 Rating on Cl. E Notes
---------------------------------------------------------------
Moody's Investors Service has upgraded the ratings on the following
notes issued by Carlyle Global Market Strategies Euro CLO 2015-2
Designated Activity Company:

EUR30,350,000 Refinancing Class A-2A Senior Secured Floating Rate
Notes due 2029, Upgraded to Aaa (sf); previously on Dec 8, 2020 Aa1
(sf) Placed Under Review for Possible Upgrade

EUR10,550,000 Refinancing Class A-2B Senior Secured Fixed Rate
Notes due 2029, Upgraded to Aaa (sf); previously on Dec 8, 2020 Aa1
(sf) Placed Under Review for Possible Upgrade

EUR25,800,000 Refinancing Class B Senior Secured Deferrable
Floating Rate Notes due 2029, Upgraded to Aa2 (sf); previously on
Dec 8, 2020 A2 (sf) Placed Under Review for Possible Upgrade

EUR24,000,000 Refinancing Class C Senior Secured Deferrable
Floating Rate Notes due 2029, Upgraded to A3 (sf); previously on
Dec 8, 2020 Baa2 (sf) Placed Under Review for Possible Upgrade

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

EUR238,225,000 (current outstanding amount EUR 188,868,993)
Refinancing Class A-1A Senior Secured Floating Rate Notes due 2029,
Affirmed Aaa (sf); previously on Sep 20, 2019 Affirmed Aaa (sf)

EUR5,275,000 (current outstanding amount EUR 4,182,113)
Refinancing Class A-1B Senior Secured Fixed Rate Notes due 2029,
Affirmed Aaa (sf); previously on Sep 20, 2019 Affirmed Aaa (sf)

EUR 24,900,000 Refinancing Class D Senior Secured Deferrable
Floating Rate Notes due 2029, Affirmed Ba2 (sf); previously on Sep
20, 2019 Affirmed Ba2 (sf)

EUR 12,500,000 Class E Senior Secured Deferrable Floating Rate
Notes due 2029, Affirmed B2 (sf); previously on Sep 20, 2019
Affirmed B2 (sf)

Carlyle Global Market Strategies Euro CLO 2015-2 Designated
Activity Company, closed in 2015 and refinanced in 2017, is a
collateralized loan obligation (CLO) backed by a portfolio of
mostly high-yield senior secured European loans. The portfolio is
managed by CELF Advisors LLP. The transaction's reinvestment period
ended in September 2019.

The actions conclude the rating review on the Class A-2A, A-2B, B
and C Notes initiated on December 8, 2020, "Moody's upgrades 23
securities from 11 European CLOs and places ratings of 117
securities from 44 European CLOs on review for possible upgrade",
https://bit.ly/3bWPeY0.

RATINGS RATIONALE

The rating upgrades on the Class A-2A, A-2B, B and C Notes are
primarily due to the update of Moody's methodology used in rating
CLOs, which resulted in a change in overall assessment of obligor
default risk and calculation of weighted average rating factor
(WARF). Based on Moody's calculation, the WARF is currently 3206
after applying the revised assumptions as compared to the trustee
reported WARF of 3535 as of December 2020 [1].

The Class A-1A and A-1B Notes have paid down by approximately
EUR50.5 million (20.7%) in the last 12 months. As a result of the
deleveraging, over-collateralisation has increased across the
capital structure. According to the trustee report dated December
2020 [1] the Class A, Class B, Class C and Class D OC ratios are
reported at 143.8%, 130.4%, 120.0% and 110.8% compared to December
2019 [2] levels of 140.7%, 129.0%, 119.7% and 111.4%, respectively.
Taking into account the December 2020 principal payments, the Class
A, Class B, Class C and Class D OC ratios as of the trustee report
dated January 2021 [3] increased to 147.1%, 132.5%, 121.3% and
111.52% respectively.

The rating affirmations on the Class A-1A, A-1B, D and E Notes
reflects the expected losses of the notes continuing to remain
consistent with their current ratings. Moody's analysed the CLO's
latest portfolio and took into account the recent trading
activities as well as the full set of structural features.

The key model inputs Moody's uses in its analysis, such as par,
weighted average rating factor, diversity score and the weighted
average recovery rate, are based on its published methodology and
could differ from the trustee's reported numbers.

In its base case, Moody's used the following assumptions:

Performing par and principal proceeds balance: EUR345.4 million

Defaulted Securities: EUR2.8 million

Diversity score: 48

Weighted Average Rating Factor (WARF): 3206

Weighted Average Life (WAL): 4.2 years

Weighted Average Spread (WAS) (before accounting for Euribor
floors): 3.7%

Weighted Average Coupon (WAC): 4.8%

Weighted Average Recovery Rate (WARR): 46.0%

Par haircut in OC tests and interest diversion test: 0.9%

The default probability derives from the credit quality of the
collateral pool and Moody's expectation of the remaining life of
the collateral pool. The estimated average recovery rate on future
defaults is based primarily on the seniority of the assets in the
collateral pool. In each case, historical and market performance
and a collateral manager's latitude to trade collateral are also
relevant factors. Moody's incorporates these default and recovery
characteristics of the collateral pool into its cash flow model
analysis, subjecting them to stresses as a function of the target
rating of each CLO liability it is analysing.

Moody's notes that the January 2021 trustee report was published at
the time it was completing its analysis of the December 2020 data.
Save for the OC ratios which took into account the December 2020
principal payments, the key portfolio metrics such as WARF,
diversity score and weighted average spread and life exhibit little
or no change between these dates.

The coronavirus outbreak, the government measures put in place to
contain it, and the weak global economic outlook continue to
disrupt economies and credit markets across sectors and regions.
Our analysis has considered the effect on the performance of
corporate assets from the current weak global economic activity and
a gradual recovery for the coming months. Although an economic
recovery is underway, it is tenuous and its continuation will be
closely tied to containment of the virus. As a result, the degree
of uncertainty around our 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
December 2020.

Counterparty Exposure:

The rating action took into consideration the notes' exposure to
relevant counterparties, such as account bank and swap provider(s),
using the methodology "Moody's Approach to Assessing Counterparty
Risks in Structured Finance" published in June 2020. Moody's
concluded the ratings of the notes are not constrained by these
risks.

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

This transaction is subject to a high level of macroeconomic
uncertainty, which could negatively affect the ratings on the note,
in light of uncertainty about credit conditions in the general
economy. In particular, the length and severity of the economic and
credit shock precipitated by the global coronavirus pandemic will
have a significant impact on the performance of the securities. CLO
notes' performance may also be impacted either positively or
negatively by (1) the manager's investment strategy and behaviour
and (2) divergence in the legal interpretation of CDO documentation
by different transactional parties because of embedded
ambiguities.

Additional uncertainty about performance is due to the following:

Portfolio amortisation: The main source of uncertainty in this
transaction is the pace of amortisation of the underlying
portfolio, which can vary significantly depending on market
conditions and have a significant impact on the notes' ratings.
Amortisation could accelerate as a consequence of high loan
prepayment levels or collateral sales by the collateral manager or
be delayed by an increase in loan amend-and-extend restructurings.
Fast amortisation would usually benefit the ratings of the notes
beginning with the notes having the highest prepayment priority.

Recovery of defaulted assets: Market value fluctuations in
trustee-reported defaulted assets and those Moody's assumes have
defaulted can result in volatility in the deal's
over-collateralisation levels. Further, the timing of recoveries
and the manager's decision whether to work out or sell defaulted
assets can also result in additional uncertainty. Moody's analysed
defaulted recoveries assuming the lower of the market price or the
recovery rate to account for potential volatility in market prices.
Recoveries higher than Moody's expectations would have a positive
impact on the notes' ratings.


CVC CORDATUS XIX: Moody's Gives B3 Rating on Class F Notes
----------------------------------------------------------
Moody's Investors Service announced that it has assigned the
following definitive ratings to notes issued by CVC Cordatus Loan
Fund XIX DAC (the "Issuer"):

EUR1,600,000 Class X Senior Secured Floating Rate Notes due 2033,
Assigned Aaa (sf)

EUR228,700,000 Class A Senior Secured Floating Rate Notes due
2033, Assigned Aaa (sf)

EUR27,800,000 Class B-1 Senior Secured Floating Rate Notes due
2033, Assigned Aa2 (sf)

EUR13,500,000 Class B-2 Senior Secured Fixed Rate Notes due 2033,
Assigned Aa2 (sf)

EUR23,400,000 Class C Senior Secured Deferrable Floating Rate
Notes due 2033, Assigned A2 (sf)

EUR24,400,000 Class D Senior Secured Deferrable Floating Rate
Notes due 2033, Assigned Baa3 (sf)

EUR18,800,000 Class E Senior Secured Deferrable Floating Rate
Notes due 2033, Assigned Ba3 (sf)

EUR11,200,000 Class F Senior Secured Deferrable Floating Rate
Notes due 2033, Assigned B3 (sf)

RATINGS RATIONALE

The rationale for the rating is based on a consideration of the
risks associated with the CLO's portfolio and structure as
described in our methodology.

The Issuer is a managed cash flow CLO. At least 95% of the
portfolio must consist of senior secured obligations and up to 5%
of the portfolio may consist of senior unsecured obligations,
second-lien loans, mezzanine obligations and high yield bonds. The
portfolio is expected to be 90% ramped up as of the closing date
and to comprise of predominantly corporate loans to obligors
domiciled in Western Europe.

CVC Credit Partners European CLO Management 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
four-year reinvestment period. Thereafter, subject to certain
restrictions, purchases are permitted using principal proceeds from
unscheduled principal payments and proceeds from sales of
unscheduled principal payments and proceeds from sales of credit
risk obligations or credit improved obligations.

Interest and principal amortisation amounts due to the Class X
Notes are paid pro rata with payments to the Class A Notes. The
Class X Notes amortise by EUR 266,666.67 over 6 payment dates
starting on the second payment date.

In addition to the eight classes of notes rated by Moody's, the
Issuer has issued EUR 28,300,000 Class M-1 Subordinated Notes due
2033 and EUR 1,000,000 Class M-2 Subordinated Notes due 2033 which
are not rated. The Class M-2 Subordinated Notes accrue interest in
an amount equivalent to a certain proportion of the senior and
subordinated management fees and its notes' payment is pari passu
with the payment of the senior and subordinated management fees.

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 coronavirus outbreak, the government measures put in place to
contain it, and the weak global economic outlook continue to
disrupt economies and credit markets across sectors and regions.
Moody's analysis has considered the effect on the performance of
corporate assets from the current weak European economic activity
and a gradual recovery for the coming months. Although an economic
recovery is underway, it is tenuous and its continuation will be
closely tied to containment of the virus. As a result, the degree
of uncertainty around our 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
December 2020.

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 December 2020.

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

Par Amount: EUR 375,000,000

Diversity Score: 44

Weighted Average Rating Factor (WARF): 3025

Weighted Average Spread (WAS): 3.90%

Weighted Average Coupon (WAC): 4.00%

Weighted Average Recovery Rate (WARR): 44.50%

Weighted Average Life (WAL): 8.5 years


CVC CORDATUS XIX: S&P Assigns B- Rating on Class F Notes
--------------------------------------------------------
S&P Global Ratings assigned credit ratings to the class X to F
European cash flow CLO notes issued by CVC Cordatus Loan Fund XIX
DAC. At closing, the issuer also issued unrated subordinated
notes.

The ratings reflect S&P's assessment of:

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

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

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

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

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

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

-- The portfolio's reinvestment period will end approximately 3.9
years after closing, and the portfolio's maximum average maturity
date will be eight and a half years after closing.

-- This transaction has a EUR1.5 million liquidity facility
provided by The Bank of New York Mellon for a maximum of four years
with the drawn margin of 2.50%. For the purpose of S&P's cash
flows, it has added this amount to the class A notes' balance,
since the liquidity facility payment amounts rank senior to the
interest payments on the rated notes.

  Portfolio Benchmarks
                                                         Current
  S&P Global Ratings weighted-average rating factor      2936.46
  Default rate dispersion                                 501.56
  Weighted-average life (years)                             5.06
  Obligor diversity measure                               100.15
  Industry diversity measure                               18.14
  Regional diversity measure                                1.27

  Transaction Key Metrics
                                                         Current  

  Total par amount (mil. EUR)                              375.0
  Defaulted assets (mil. EUR)                                  0
  Number of performing obligors                              130
  Portfolio weighted-average rating derived
    from S&P's CDO evaluator                                 'B'
  'CCC' category rated assets (%)                           2.64
  'AAA' weighted-average recovery (covenanted) (%)         35.98
  Covenanted weighted-average spread (%)                    3.95
  Reference weighted-average coupon (%)                     4.00

Workout loan mechanics

Under the transaction documents, the issuer can purchase workout
loans, which are bonds or loans the issuer acquired in connection
with a restructuring of a related defaulted obligation or credit
impaired obligation, to improve its recovery value.

The purchase of workout loans is not subject to the reinvestment
criteria or the eligibility criteria. It receives no credit in the
principal balance definition, although where the workout loan meets
the eligibility criteria with certain exclusions and is either (1)
acquired using principal proceeds or (2) designated a declared
principal proceeds workout loan, it is accorded defaulted treatment
in the par coverage tests. The cumulative exposure to loss
mitigation loans purchased using interest or principal proceeds is
limited to 10.0% of target par.

The issuer may purchase workout loans using either interest
proceeds, principal proceeds, or amounts in the collateral
enhancement account. The use of interest proceeds to purchase
workout loans are subject to (i) all the interest and par coverage
tests passing following the purchase, and (ii) the manager
determining there are sufficient interest proceeds to pay interest
on all the rated notes on the upcoming payment date. The use of
principal proceeds is subject to passing par coverage tests, and
the manager having built sufficient excess par in the transaction
so that the aggregate collateral amount is equal to or exceeding
the portfolio's reinvestment target par balance after the
acquisition.

To protect the transaction from par erosion, any distributions
received from workout loans purchased with principal proceeds will
form part of the issuer's principal account proceeds unless the
principal collateral amount is equal to or exceeding the
portfolio's reinvestment target par balance after the reinvestment,
par coverage tests are passing, and the manager has recovered the
collateral value of the workout loan.

The portfolio is well-diversified, primarily comprising broadly
syndicated speculative-grade senior secured term loans and senior
secured bonds. S&P said, "Therefore, we have conducted our credit
and cash flow analysis by applying our criteria for corporate cash
flow collateralized debt obligations. As such, we have not applied
any additional scenario and sensitivity analysis when assigning
ratings to any classes of notes in this transaction."

S&P said, "In our cash flow analysis, we used the EUR375 million
target par amount, the covenanted weighted-average spread (3.95%),
the reference weighted-average coupon (4.00%), and the actual
weighted-average recovery rates. The transaction also benefits from
a EUR15 million interest rate cap with a strike rate of 2% until
June 2027, which we have considered in our cash flow analysis. 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."

Principal transfer test

This transaction also features a principal transfer test. Following
the expiry of the non-call period, and following the payment of
deferred interest on the class F notes, interest proceeds above
101% of the class F interest coverage amount can be paid into the
principal account. As this is at the discretion of the collateral
manager S&P has considered scenarios in its cash flow analysis
where such amounts are not made.

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

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

The transaction's legal structure is bankruptcy remote, in line
with its legal criteria.

S&P said, "Following our analysis of the credit, cash flow,
counterparty, operational, and legal risks, we believe our ratings
are commensurate with the available credit enhancement for the
class A to E notes. Our credit and cash flow analysis indicates
that the available credit enhancement for the class B-1 to E notes
could withstand stresses commensurate with higher rating levels
than those we have assigned. However, as the CLO will be in its
reinvestment phase starting from closing, during which the
transaction's credit risk profile could deteriorate, we have capped
our ratings assigned to the notes.

"The class F notes' current break-even default rate (BDR) cushion
is -0.07%. Based on the portfolio's actual characteristics and
additional overlaying factors, including our long-term corporate
default rates and the class F notes' credit enhancement, this class
is able to sustain a steady-state scenario, in accordance with our
criteria." S&P's analysis further reflects several factors,
including:

-- The class F notes' available credit enhancement is in the same
range as that of other CLOs S&P has rated and that have recently
been issued in Europe.

-- S&P's model-generated portfolio default risk at the 'B-' rating
level is 28.42% (for a portfolio with a weighted-average life of 5
years) versus 15.5% if it was to consider a long-term sustainable
default rate of 3.1% for five years.

-- Whether the tranche is vulnerable to nonpayment in the near
future

-- If there is a one-in-two chance for this note to default.

-- If S&P envisions this tranche to default in the next 12-18
months.

Following this analysis, S&P considers that the available credit
enhancement for the class F notes is commensurate with a 'B- (sf)'
rating.

The transaction securitizes a portfolio of primarily senior secured
leveraged loans and bonds, and is managed by CVC Credit Partners
European CLO Management LLP.

S&P said, "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 X
to F notes to five of the 10 hypothetical scenarios we looked at in
our recent publication.  

"For the class E and F notes, our ratings analysis makes additional
considerations before assigning ratings in the 'CCC' category, and
we would assign a 'B-' rating if the criteria for assigning a 'CCC'
category rating are not met."

As vaccine rollouts in several countries continue, S&P Global
Ratings believes there remains a high degree of uncertainty about
the evolution of the coronavirus pandemic and its economic effects.
Widespread immunization, which certain countries might achieve by
midyear, will help pave the way for a return to more normal levels
of social and economic activity. S&P said, "We use this assumption
about vaccine timing in assessing the economic and credit
implications associated with the pandemic. As the situation
evolves, we will update our assumptions and estimates
accordingly."

  Ratings List

  Class   Rating     Amount    Interest rate Credit
                  (mil. EUR)                 enhancement (%)
  X       AAA (sf)    1.60     Three/six-month
                               EURIBOR plus 0.45%    N/A
  A       AAA (sf)   228.70    Three/six-month
                               EURIBOR plus 1.06%   38.61
  B-1     AA (sf)     27.80    Three/six-month
                               EURIBOR plus 1.70%   27.60
  B-2     AA (sf)     13.50    2.00%                27.60
  C       A (sf)      23.40    Three/six-month
                               EURIBOR plus 2.70%   21.36
  D       BBB- (sf)   24.40    Three/six-month    
                               EURIBOR plus 3.80%   14.85
  E       BB- (sf)    18.80    Three/six-month
                               EURIBOR plus 5.81%    9.84
  F       B- (sf)     11.20    Three/six-month  
                               EURIBOR plus 7.97%    6.85
  M       NR          29.30    N/A                   N/A

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


PIONEER AIRCRAFT: Fitch Lowers Rating on Series C Debt to 'B'
-------------------------------------------------------------
Fitch Ratings has downgraded the outstanding ratings of the series
A, B and C fixed-rate secured notes issued by Pioneer Aircraft
Finance Limited. The Rating Outlook on each series of notes issued
remains Negative.

       DEBT                RATING             PRIOR
       ----                ------             -----
Pioneer Aircraft Finance Limited

Series A 72353PAA4    LT  BBBsf  Downgrade     Asf
Series B 72353PAB2    LT  BBsf   Downgrade     BBBsf
Series C 72353PAC0    LT  Bsf    Downgrade     BBsf

TRANSACTION SUMMARY

The rating actions reflect ongoing stress on and deterioration of
all airline lessee credits backing the leases in each transaction
pool, downward pressure on certain aircraft values, Fitch's updated
assumptions and stresses, and resulting impairments to modeled cash
flows and coverage levels. The prior review was in June 2020.

Fitch maintained the Negative Rating Outlook for each tranche in
Pioneer reflecting Fitch's base case expectation for the structure
to withstand immediate and near-term stresses at the updated
assumptions and stressed scenarios, commensurate with their
respective ratings. Furthermore, additional global travel
restrictions/shutdowns and overall start/stop travel/airline
recovery with recent regional spikes in coronavirus cases, as
currently seen in European countries and across many U.S. states
among others, could combined result in further delays in recovery
to the airline industry.

This is a further credit negative for aircraft ABS and will only
place greater pressure on airlines globally and may lead to
additional near-term lease deferrals, airline defaults, lower
aircraft demand and value impairments. Ultimately, these negative
factors could manifest in the transaction, resulting in lower cash
flows and pressure on ratings.

Fitch updated rating assumptions for both rated and non-rated
airlines. The vast majority of ratings remained low or declined
further, which was a key driver in Fitch's current rating actions
along with modeled cash flows. This was driven by the current
global recessionary environment and sector events/factors discussed
above, all impacting airline lessee credit in each pool.
Recessionary timing was assumed to start immediately, consistent
with the prior review. This scenario stresses airline credits,
asset values and lease rates while incurring remarketing and
repossession costs and downtime at each relevant rating stress
level.

Goshawk Management (Ireland) Limited (Goshawk, not rated by Fitch)
and certain affiliates and third-parties are the sellers of the
assets, and it acts as servicer for the transaction. Fitch deems
the servicer to be adequate to service ABS based on its experience
as a lessor, overall servicing capabilities and historical ABS
performance to date.

KEY RATING DRIVERS

Deteriorating Airline Lessee Credit

The credit profiles of the airline lessees in the pools have
further deteriorated due to the impact of the coronavirus on all
global airlines in 2020 into early 2021, resulting in lower lessee
rating assumptions utilized for this review. The proportion of
airline lessees in the Pioneer pool assumed to be at 'CCC' Issuer
Default Ratings (IDR) or lower increased to 86.7% from 59.0% in the
prior review.

The assumptions are reflective of these airlines' ongoing credit
profiles and fleets in the current operating environment, due to
the continued coronavirus-related impact on the sector. Any
publicly rated airlines in the pool whose ratings have shifted have
been updated.

Asset Quality and Appraised Pool Value

The pool consists of young-to-mid-life aircraft with a
weighted-average (WA) age of 7.1 years, and comprised mostly liquid
narrowbody (NB) aircraft. Pioneer also includes one regional jet
(RJ; E190-100LR) aircraft (3.0% of the pool), and one widebody (WB;
787-8) aircraft (17.5%). There continues to be elevated uncertainty
around market values, and how the current environment will affect
near-term lease maturities. Further, Fitch recognizes that there
will be downward pressure on values in the short-to-medium term.

The appraisers for the transaction are IBA Group Ltd. (IBA) and
Morten Beyer & Agnew Inc. (mba) and Collateral Verifications, LLC
(CV). The transaction value as of the December 2020 report are
$586.6 million.

Fitch utilized conservative asset values for the transaction as
there is continued pressure and weaker market values for certain
aircraft, particularly WB and RJ. Fitch utilized the average
excluding highest value (AEH) of the maintenance-adjusted base
values (MABVs) for NB, consistent with the prior review. For WB
aircraft and RJ, AEH MA market values (MV) were utilized. This
resulted in modeled values of $497.6 million, approximately 15%
lower than the transaction value.

Transaction Performance to Date

As of the November 2020 collection period, rental deferral requests
have occurred from 16 lessees and agreements with five lessees were
reached. Any known and finalized deferrals were applied in cash
flow modeling.

Lease collections have continued to fluctuate since March, but have
come off lows in the recent quarter. As of the November 2020
collection period, the transaction received $7.0 million in rent
payments compared with a low of $3.1 million. Loan-to-value (LTV)
ratios have continued to increase since the prior review, based on
Fitch's values utilized in this review. Series A and B notes
continue to receive interest payments through the November period,
while the series C interest was covered by the series C reserve
account since the April collection period but is now nearly
depleted.

Cash flow has been able to continuously pay partial payment to the
series A expected principal. The debt-service coverage ratios
(DSCRs) remain below the respective cash trap triggers and early
amortization event triggers.

Fitch Modeling Assumptions

Nearly all servicer-driven Fitch assumptions for Goshawk are
consistent with the prior rating review and at close. Refer to each
transaction's published presale for further information on these
assumptions and stresses.

For any leases whose maturities are up in two years, or whose
assumed lessee credit ratings are 'CC' or 'D', Fitch assumed an
additional three-month downtime for NBs and six months for WBs, on
top of lessor-specific remarketing downtime assumptions, to account
for potential remarketing challenges in placing this aircraft with
a new lessee in the current distressed environment.

As of the November 2020 collection period, Pioneer had two upcoming
lease maturities in 2021. Off-lease and near-term lease maturities
are a credit negative for the transaction given the challenging
environment, as many airlines are returning aircraft and not
renewing leases, it is difficult to place returned aircraft on new
lease, and selling aircraft (particularly older aircraft) may
result in highly stressed, lower values. All factors that Fitch
considered during this review.

With the grounding of global fleets and significant reduction in
air travel, maintenance revenue and costs will be affected and are
expected to decline due to airline lessee credit issues and
grounded aircraft. Maintenance revenues were reduced by 50% over
the next immediate 12 months for this review, and such missed
payments were assumed to be recouped in the following 12 months
thereafter. Maintenance costs over the immediate six months were
assumed to be incurred as reported. Costs were reduced by 50% in
the following month, and thereafter, such reduction decreases on a
straight-line basis up to 0% over the subsequent 12-month period.
Over the following 12 months, deferred costs in prior periods were
assumed to be repaid every month in addition to the scheduled
maintenance costs.

RATING SENSITIVITIES

The Negative Rating Outlook on all series of notes issued by
Pioneer reflect the potential for further negative rating actions
due to concerns over the ultimate impact of the coronavirus
pandemic, the resulting concerns associated with airline
performance and aircraft values, and other assumptions across the
aviation industry due to the severe decline in travel and grounding
of airlines.

At close, Fitch conducted multiple rating sensitivity analyses to
evaluate the impact of changes to a number of the variables in the
analysis. The performance of aircraft operating lease
securitizations is affected by various factors, which in turn,
could have an impact on the assigned ratings. Due to the
correlation between global economic conditions and the
travel/airline industries, the ratings can be affected by the
strength of the global macro-environment over the remaining term of
this transaction.

In the initial rating analysis, Fitch found the transactions to
exhibit sensitivity to the timing and severity of assumed
recessions. Fitch also found that greater default probability of
the leases has a material impact on the ratings. Furthermore, the
timing and degree of technological advancement in the commercial
aviation space, and the resulting impact on aircraft values, lease
rates and utilization would have a moderate impact on the ratings.

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

Up: Base Assumptions with Stronger Asset Values:

-- The aircraft ABS sector has a rating cap of 'Asf'. All
    subordinate tranches carry one category of ratings lower than
    the senior tranche and lower at close.

-- However, if the assets in this pool experience stronger
    residual value (RV) realization than Fitch modeled, or if it
    experiences a stronger lease collection in flow than Fitch's
    stressed scenarios, the transactions could perform better than
    expected.

In this scenario, Fitch increased the model value up to the
transaction document value (average MABV) as of the December 2020
report. Under this scenario, the transaction would experience an
improvement to cash flows, and each series would be considered for
ratings uplift.

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

Down: Base Assumptions with 10% Weaker WB Values and Default of
Ethiopian Airlines:

-- The pool contains a WB concentration of 17.5%. Further
    softening in these aircraft values beyond current expectation
    could lead to further downward rating action.

-- Due to continuing MV pressure on WB aircraft and worsening
    supply and demand dynamics, Fitch explored the potential cash
    flow decline if WB values were reduced further by 10% of
    Fitch's modeled values.

In addition to the 10% WB stress, Fitch assessed the impact of the
transaction if Ethiopian Airlines were to default considering the
high concentration of contracted cash flow coming from the 787-8
aircraft on lease to the airline. Under this scenario, the
transaction would experience weaker cash flows, and each series
would be further pressured from a ratings perspective.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Structured Finance
transactions have a best-case rating upgrade scenario (defined as
the 99th percentile of rating transitions, measured in a positive
direction) of seven 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 seven notches over three years. The complete span of best- and
worst-case scenario credit ratings for all rating categories ranges
from 'AAAsf' to 'Dsf'. Best- and worst-case scenario credit ratings
are based on historical performance.

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

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

ESG CONSIDERATIONS

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



===========
L A T V I A
===========

DZINTARS: To Soon Trade Under H.A.Brieger Name
----------------------------------------------
The Baltic Times reports that the cosmetics plant of insolvent
Dzintars owned by Estonian businessman Oleg Ossinovski's Skinest
Group will in the future work under the name of H.A.Brieger, the
company's representatives said.

The changes have been registered in the Enterprise Registers on
January 8, the report says.

Meanwhile, Dzintars cosmetics brand will again be sold in stores in
March, if the COVID-19 outbreak does not affect the company's
operations.

According to the report, H.A.Brieger head and co-owner Anastasija
Udalova said that historically, the Dzintars cosmetics plant was
established as a soap and perfumery plant by Heinrich Adolf Brieger
in 1849, which later became one of the largest cosmetics producers
in Latvia.

"By acquiring the plant, our goal is to return the approach of
Brieger -- to develop products gradually, carefully and with
consideration. We will start with the already popular Dzintars
products, gradually developing new product lines and new brands,"
the report quotes Ms. Udalova as saying.

H.A. Brieger currently employs almost 40 people.

Dzintars Production was registered in 2006, while its name until
October 2020 was Instruments. On January the company was renamed to
H.A.Brieger. The company's share capital is EUR284,500.

The company's owners are Daugavpils Lokomotivju Remonta Rupnica in
the extent of 67 percent with Estonian millionaire Oleg Ossinovski
as its beneficial owner, and Asko R in the extent of 33 percent,
belonging to Anastasija Udalova.

In November 2019, the Riga Pardaugava City Court ruled joint-stock
cosmetics producer Dzintars insolvent, the report notes.




===========
N O R W A Y
===========

NORWEGIAN AIR: Examiner Has Another Month to Finalize Rescue Plan
-----------------------------------------------------------------
Barry O'Halloran at The Irish Times reports that Norwegian Air
Shuttle's (NAS) High Court-appointed examiner has another month to
finalize a rescue plan for the troubled airline group.

According to The Irish Times, Norwegian Air Shuttle's (NAS) High
Court-appointed examiner has another month to finalize a rescue
plan for the troubled airline group.

NAS and five Irish subsidiaries, which lease much of its fleet, got
High Court protection from creditors, then owed more than EUR4
billion, on Nov. 18, when Kieran Wallace of KPMG was appointed
examiner to the companies, The Irish Times relates.

Mr. Justice Michael Quinn extended the examinership to Feb. 25 at a
High Court hearing on Jan. 22 to allow Mr. Wallace finalize a
rescue plan, known as a scheme of arrangement, The Irish Times
recounts.

Paul Sreenan, Mr. Wallace's senior counsel, told the court that the
examiner was seeking to extend the period by a further 30 days as
it would be "more advantageous" to creditors, The Irish Times
relays.

"NAS is in discussions with a number of investors and they are
confident about that investment being forthcoming," The Irish Times
quotes Mr. Sreenan as saying.

The court heard that US$2.5 billion (EUR2 billion) of the group's
debt has been discharged. NAS management has a business plan
involving raising up to EUR490 million and the closure of its
long-haul operations, according to The Irish Times.

None of the creditors represented, including two of the largest,
Irish aircraft leasing giant Aercap and Bank of China Aviation,
objected to Mr. Wallace's motion to extend the examinership, The
Irish Times notes.

Counsel for manufacturers Airbus and Boeing, which are also among
the group's creditors, confirmed that neither multi-national
intended objecting to Mr. Wallace's request for an extension, The
Irish Times states.  The issue is due back before Justice Quinn on
Feb. 25, The Irish Times discloses.

Lawyers for the companies told the court that Norwegian intended
repudiating leases over aircraft held by the Irish subsidiaries,
The Irish Times notes.  The judge, as cited by The Irish Times,
said he would deal with this issue on Jan. 28.

The court will have to approve any scheme of arrangement, which
will first have to get the backing of at least one class creditors
whose rights the plan affects, The Irish Times relays.

Any creditors opposing the plan must demonstrate that they would
fare better in a liquidation or receivership to convince the court
to strike it down, The Irish Times says.

Oslo-based NAS is also going under the protection of Norway's
courts, The Irish Times relays.  However, the Irish examinership is
the "lead" process, The Irish Times notes.

NAS chose the Irish courts to oversee its rescue as its aircraft,
the group's main assets, are held by companies registered in the
Republic, allowing it to claim this jurisdiction as a main centre
for its operations, according to The Irish Times.




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

SOVCOMBANK: Fitch Gives Final 'BB+' Rating to USD300MM Eurobond
----------------------------------------------------------------
Fitch Ratings has assigned Sovcombank's (SCB) USD300 million 3.4%
four-year senior unsecured Eurobond issue a final long-term rating
of 'BB+'.

The bonds are issued by SCB's Irish SPV, Sovcom Capital DAC, which
is on-lending the proceeds to the bank. SCB is using the proceeds
from this social bond to finance its portfolio of instalment
cards.

The assignment of the final rating follows the completion of the
bond issue and receipt of documents conforming to the information
previously received. The final rating is the same as the expected
rating assigned on 13 January 2021.

KEY RATING DRIVERS

The senior unsecured debt rating is in line with SCB's Long-Term
Issuer Default Rating (IDR) of 'BB+', as the bonds represent
unconditional, senior unsecured obligations of the bank, which rank
pari passu with its other senior unsecured obligations.

The 'BB+' IDR of SCB is driven by its intrinsic credit strength as
expressed by its Viability Rating (VR) of 'bb+'. SCB's ratings
reflect a record of resilient asset quality in a challenging
Russian economic environment and strong profitability.

RATING SENSITIVITIES

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

-- SCB's senior unsecured debt rating may be upgraded if the IDR
    is upgraded.

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

-- SCB's senior unsecured debt rating may be downgraded if the
    IDR is downgraded.

ESG CONSIDERATIONS

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

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Financial Institutions and
Covered Bond 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.




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

CAJAMAR CAJA: Fitch Withdraws Ratings for Commercial Reasons
------------------------------------------------------------
Fitch Ratings has revised the Outlook on Cajamar Caja Rural S.C.C's
(Cajamar, BB-/Stable/B) mortgage and public sector covered bonds
(Cedulas Hipotecarias (CH) and Cedulas Territoriales (CT)) to
Stable from Negative and affirmed their ratings at 'BBB+'.

The ratings have subsequently been withdrawn for commercial
reasons. Accordingly, Fitch will no longer provide rating or
analytical coverage of these programmes.

KEY RATING DRIVERS

Unchanged Rating Composition

The CH and CT are rated five notches above Cajamar's 'BB-' Issuer
Default Rating (IDR), consisting of an unchanged resolution uplift
of two notches, a Payment Continuity Uplift (PCU) of zero notches
and a recovery uplift of three notches. The Outlook revision on the
covered bonds mirrors a recent similar action on Cajamar's IDR.

Ample OC Mitigates Credit Losses

For Cajamar CH, the 90% relied-upon level of over-collateralisation
(OC; estimated by applying a 30% haircut to the lowest OC of the
past 12 months) provides more protection than Fitch's 'BBB+'
breakeven OC of 13.0%. For Cajamar CT, Fitch relies on the minimum
level of OC of 42.8% mandated by the Spanish covered bond legal
framework, in line with the agency's Covered Bonds Rating Criteria,
and more than sufficient versus the breakeven OC of 18.5%.

Asset Assumptions Maintained

Given the stable portfolio characteristics and the high OC cushion,
Fitch has not updated the credit loss computation for any of the
programmes in accordance with its Covered Bonds Rating Criteria.

ESG - Governance

The CH and CT programmes have an Environmental, Social and
Governance (ESG) Relevance Score of '5' for Transaction &
Collateral Structure due to the absence of a dedicated liquidity
protection mechanism in the Spanish covered bond framework. This
explains the PCU of zero notches. Fitch rates the CH and CT
programmes on a recovery basis approach and does not test for
timely payment on the covered bonds.

BEST/WORST CASE RATING SCENARIO

International scale credit ratings of Financial Institutions and
Covered Bond 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.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

The CH and CT ratings are driven by the credit risk of Cajamar as
measured by its Long-Term IDR.

ESG CONSIDERATIONS

Cajamar's public-sector and mortgage covered bonds have an ESG
Relevance Score of '5' for Transaction & Collateral Structure due
to the absence of a dedicated liquidity protection mechanism in the
Spanish covered bond framework. This has a negative impact on the
credit profile, and is highly relevant to the rating.

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

Following the withdrawal of the covered bond ratings Fitch will no
longer be providing the associated ESG Relevance Scores.




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

LONDON CAPITAL: Retail Investors Entitled to FSCS Payouts
---------------------------------------------------------
Kate Beioley at The Financial Times reports that retail investors
who lost GBP236 million in the collapse of London Capital & Finance
are entitled to payouts that were refused to them by the UK
financial compensation scheme, the High Court in London was told on
Jan. 19.

The argument was made on the first day of a judicial review of the
Financial Services Compensation Scheme's decision brought by
lawyers acting for four of LCF's 11,600 customers, who lost out
when the mini-bond issuer went into administration in January 2019,
the FT relates.

The dispute stems from the lifeboat fund's decision to compensate
only a fifth of customers after it ruled last year that LCF had
offered mini-bonds -- a type of unregulated loan investment -- on a
non-advised basis, the FT notes.  This meant that while LCF itself
was regulated by the Financial Conduct Authority, its mini bonds
were not, the FT states.

As a result, the FSCS decided that only a limited number of
customers, who had received financial advice from LCF or had
switched out of stocks and shares Isas into the bonds -- both of
which were regulated activities -- were covered, the FT discloses.

According to the FT, one of the barristers acting for LCF customers
Emmet Donegan, Nathan Brown, Joanne Ellis-Clarke and Alan Considine
said the scheme had been wrong to deny redress to the majority of
victims.

"At its bottom [this] is a very human case," the FT quotes
James McClelland as saying.  "It concerns the interests  .  .
  .  of thousands of retail investors who placed their trust in
a seemingly reputable, Financial Conduct Authority-regulated
company which it now appears may have been the instrument of a
systematic fraud."

The collapse of LCF wiped out the savings of thousands of people in
one of the UK's largest alleged frauds against retail investors,
the FT relays.

Administrators have launched legal action against 13 individuals
connected to LCF claiming that investors funds, which were
ostensibly invested in company and property deals, were
"misappropriated", the FT discloses.  The scandal has also
triggered criminal and regulatory probes, the FT notes.

The claimants argued that the scope of the regulated activities
undertaken by LCF was wider than the FSCS definition, the FT says.
They are seeking redress for investors who bought in after January
3, 2018 -- when a new law known as MIFID II was introduced, the FT
discloses.

In response, the FSCS argued in court filings that the bonds "were
not transferable securities", meaning they could not be classed as
investments and LCF could not be said to have been "dealing in
investments as principal" -- a regulated activity warranting
investor protection, the FT relates.

As of mid-December, the FSCS had paid out GBP50.9 million to 2,584
LFC bondholders, 22% of the total number affected, the FT
discloses.

If the High Court rules in favour of the claimants, it could leave
the FSCS having to compensate more than 10,000 people who invested
GBP143 million in LCF, the FT states.


SUPERDRY: Expresses Going Concern Doubt Following Losses
--------------------------------------------------------
Henry Saker-Clark at Press Association reports that fashion
retailer Superdry has warned there are doubts over its ability to
continue as a going concern after further lockdown measures
battered its revenues.

According to Press Association, the company also posted
significantly wider losses.

Superdry slid to a GBP18.9 million pre-tax loss for the half-year
to Oct. 24, as the pandemic put its turnaround strategy on hold,
Press Association discloses.

It told investors that risks associated with current uncertainty
and the recovery in consumer demand "represent material uncertainty
and may cast significant doubt on the group's ability to continue
as a going concern", Press Association relates.

The group said that, as of January 9, 173 of its stores were closed
due to lockdown measures, representing 72% of its store portfolio,
Press Association notes.

It said this is the highest level of closures since April and it
has a "material shortfall" in total sales against previous
forecasts despite a 13.2% increase in Ecommerce sales in the past
11 weeks to Jan. 9, Press Association says.

Total sales fell by 23.4% to GBP282.7 million in the six months to
October, it revealed in the trading update, Press Association
relays.

The group, as cited by Press Association, said it expects
"prolonged store closures and subdued footfall" in early 2021 to
continue to weigh on revenues, although shortfalls will be
partially offset by rent waivers and furlough payments.

It stressed that the company's liquidity it still "strong", with
GBP54.8 million in cash reserves, according to Press Association.


[*] UK: FSB Expect 250,000 Insolvencies Over Coming Period
----------------------------------------------------------
HRnews reports that a recent survey from the Federation of Small
Businesses predicts just under 5% of its members will close in
2021.

With the government reporting some 5.9 million small businesses in
the UK, this means we could be looking at some 250,000 insolvencies
over the coming period, HRnews notes.

Some 1,400 firms responded to the FSB's survey, which also recorded
58% of businesses predicting an overall reduction in profitability,
and nearly 25% of businesses having reduced the number of employees
since the start of last year, HRnews relates.  14% say they'll be
cutting numbers again within three months, HRnews discloses.

According to HRnews, Insolvency expert Simon Renshaw of AABRS
commented: "Clearly, FSB's figures outline a likely eventuality
that is of deep concern to the economy, and the men and women
struggling to keep their businesses afloat in such uncertain times.
The economic data, combined with challenging trading conditions in
the worst affected sectors such as hospitality, means the UK's
business failure rate is likely to rise beyond anything in living
memory," HRnews notes.

Speaking in the House of Commons, Chancellor Rishi Sunak pointed
out that the government's emergency support measures were helping
protect British business, while adding that the COVID-19 vaccine
was the "most important economic lever" to get the economy back on
track, HRnews recounts.

In an update to MP's, Mr. Sunak cautioned that things are likely to
worsen before we begin to turn the corner, HRnews discloses.  He
added no more support would be forthcoming before the budget on
March 3, HRnews relays.


[] UK: 33,000 Scottish Businesses Show Signs of Distress
--------------------------------------------------------
Scott Reid at The Scotsman reports that almost 33,000 businesses in
Scotland showed signs of financial distress in the closing months
of 2020, a new report suggests.

According to The Scotsman, the figure is a 30% increase compared
with the same period the previous year and comes as the country
faces a strict lockdown which is likely to remain in place until at
least the middle of February.

The data, published by business rescue and recovery specialist
Begbies Traynor, shows that the sharp rise in businesses showing
"significant" distress was reflected across the rest of the UK, The
Scotsman discloses.

This type of distress, which indicates early signs of financial
problems, rose by 27% across the UK as a whole in the final quarter
of 2020 compared with the same period in 2019, affecting a total of
630,000 firms, The Scotsman notes.

Scottish firms also saw a deteriorating picture quarter on quarter,
with a 14 per cent rise in those seeing significant distress since
the third quarter, slightly above the UK wide figure of a 13%
increase, The Scotsman states.

In contrast, Scotland experienced a 40% fall in businesses
experiencing "critical" distress, which refers to firms that have
had winding up petitions or decrees totalling more than GBP5,000
against them, by the end of the fourth quarter compared with a year
earlier, The Scotsman relates.  There was also a 19% fall in these
advanced signs of distress in Scotland quarter on quarter, The
Scotsman says.

However, restructuring experts at Begbies said it was likely that
those figures were the "tip of a very large iceberg", according to
The Scotsman.  The pandemic has reduced court activity limiting the
number of decrees and winding up petitions being issued against
indebted companies and there has been a ban on winding up petitions
for Covid-related debts, The Scotsman relays.

Every one of the 22 sectors in Scotland monitored by the "Red Flag
Alert" research experienced double-digit increases in significant
distress levels in the final quarter of 2020 compared with a year
earlier -- described as a "worrying sign" for the economy as the
financial situation worsened for many companies, The Scotsman
states.

According to The Scotsman, the country's all-important financial
services sector was particularly badly hit with a 47% year-on-year
and 26% quarter-on-quarter increase in significant distress as the
effect of the pandemic bites, along with ongoing uncertainty around
equivalence.

Despite the booming residential property market, the whole real
estate and property sector -- a key indicator of the economy's
performance -- has seen significant distress rise by 35 per cent in
the last quarter, The Scotsman notes.




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

[*] BOND PRICING: For the Week January 18 to January 22, 2021
-------------------------------------------------------------
Issuer                      Coupon  Maturity  Currency  Price
------                      ------  --------  --------  -----
Europcar Mobility Group       4.12511/15/2024     EUR   70.704
Intralot Capital Luxemb       5.250 9/15/2024     EUR   42.069
Voltalia SA                   1.000 1/13/2025     EUR   32.928
PB International BV           7.625 1/26/2022     USD   65.210
Europcar Mobility Group       4.000 4/30/2026     EUR   70.303
Intralot Capital Luxemb       6.750 9/15/2021     EUR   65.032
Transportes Aereos Port       5.625 12/02/2024    EUR   68.615
Casino Guichard Perrach       0.767               EUR   33.874
Accor SA                      0.700 12/07/2027    EUR   52.232
Casino Guichard Perrach       3.992               EUR   54.801
Andrade Gutierrez Inter       9.50012/30/2024     USD   62.931
DTEK Finance PLC             10.75012/31/2024     USD   63.750
Tullow Oil PLC                7.000 03/01/2025    USD   70.887
European TopSoho Sarl         4.000 9/21/2021     EUR   64.907
Fuerstenberg Capital II       5.625               EUR   52.979
Obrascon Huarte Lain SA       4.750 3/15/2022     EUR   71.847
Carnival PLC                  1.00010/28/2029     EUR   72.783
Vallourec SA                  4.125 10/04/2022    EUR    5.140
Wirecard AG                   0.500 09/11/2024    EUR    7.250
Rallye SA                     4.371 1/23/2023     EUR   19.000
Rallye SA                     4.000 04/02/2021    EUR   19.418
Obrascon Huarte Lain SA       5.500 3/15/2023     EUR   71.557
Korian SA                     0.875 03/06/2027    EUR   56.375
Odea Bank AS                  7.625 08/01/2027    USD   67.835
Mallinckrodt Internatio       5.750 08/01/2022    USD   40.750
Korian SA                     2.500               EUR   42.625
Norwegian Air Shuttle A       7.250 11/11/2022    EUR   50.001
Metro Bank PLC                5.500 6/26/2028     GBP   65.049
Moby SpA                      7.750 2/15/2023     EUR   23.675
Air France-KLM                0.125 3/25/2026     EUR   14.348
Naviera Armas SA              6.500 7/31/2023     EUR   53.628
Mitsubishi UFJ Investor       3.97712/15/2050     EUR   51.269
Valaris plc                   7.750 02/01/2026    USD    8.750
Maisons du Monde SA           0.125 12/06/2023    EUR   42.393
Petra Diamonds US Treas       7.250 05/01/2022    USD   41.000
Ageasfinlux SA                0.833               EUR   71.397
Nexity SA                     0.125 01/01/2023    EUR   63.269
Valaris plc                   5.750 10/01/2044    USD    9.000
Quadient SA                   3.375               EUR   57.630
Pacific Drilling SA           8.375 10/01/2023    USD   27.000
Econocom Group SA/NV          0.500 03/06/2023    EUR    7.146
Distribuidora Internaci       0.875 04/06/2023    EUR   62.854
Avation Capital SA            6.500 5/15/2021     USD   72.928
Nexity SA                     0.250 03/02/2025    EUR   66.004
Union Fenosa Preferente       1.108               EUR   71.750
Valaris plc                   4.875 06/01/2022    USD    9.970
Amigo Luxembourg SA           7.625 1/15/2024     GBP   61.117
Genfit                        3.50010/16/2022     EUR   19.980
Valaris plc                   5.200 3/15/2025     USD    8.750
Hurricane Energy PLC          7.500 7/24/2022     USD   43.688
Neoen SA                      2.000 06/02/2025    EUR   72.272
Pierre Et Vacances SA         2.000 04/01/2023    EUR   49.814
Intelsat Luxembourg SA        8.125 06/01/2023    USD    6.500
Valaris plc                   8.000 1/31/2024     USD    8.063
Officine Maccaferri-SpA       5.750 06/01/2021    EUR   34.915
Neoen SA                      1.875 10/07/2024    EUR   68.650
Paper Industries Interm       6.000 03/01/2025    EUR   73.270
Cooperativa Muratori &        6.000 2/15/2023     EUR    1.952
Intelsat Jackson Holdin       5.500 08/01/2023    USD   69.938
Koninklijke Luchtvaart        0.750               CHF   23.050
Mallinckrodt Internatio       5.62510/15/2023     USD   41.750
Mallinckrodt Internatio       4.750 4/15/2023     USD    7.375
Nostrum Oil & Gas Finan       8.000 7/25/2022     USD   23.100
Cooperativa Muratori &        6.875 08/01/2022    EUR    1.560
Grupo Isolux Corsan SA        1.00012/30/2021     EUR    0.318
VIC Properties SA             3.000 5/28/2025     EUR   60.000
AX Del1 Oy                    5.000 4/19/2021     EUR   69.699
Stockmann OYJ Abp            10.750               EUR   43.573
O1 Properties Finance P       8.250 9/27/2021     USD   22.295
Intelsat Luxembourg SA        7.750 06/01/2021    USD    7.000
Senvion Holding GmbH          3.87510/25/2022     EUR    1.447
Kudelski SA                   1.500 9/27/2024     CHF   75.328
Jain International Trad       7.125 02/01/2022    USD   16.303
Valaris plc                   4.500 10/01/2024    USD    8.750
Naviera Armas SA              4.25011/15/2024     EUR   53.884
Biocartis Group NV            4.000 05/09/2024    EUR   67.164
Offshore Drilling Holdi       8.375 9/20/2020     USD    9.820
Intelsat Jackson Holdin       8.50010/15/2024     USD   73.030
Swissport Investments S       6.75012/15/2021     EUR    1.264
Valaris plc                   4.700 3/15/2021     USD    8.750
Thomas Cook Group PLC         6.250 6/15/2022     EUR    0.845
ADLER Real Estate AG          2.500 7/19/2021     EUR   13.943
Rallye SA                     3.250 02/08/2024    CHF   18.000
Nostrum Oil & Gas Finan       7.000 2/16/2025     USD   25.839
Pacific Drilling SA          11.000 04/01/2024    USD    4.500
Intelsat Jackson Holdin       9.750 7/15/2025     USD   74.030
Rallye SA                     5.250 02/01/2022    EUR   14.357
Intu SGS Finance PLC          3.875 3/17/2023     GBP   55.006
HOCHDORF Holding AG           2.500               CHF   59.391
Valaris plc                   7.375 6/15/2025     USD   10.000
Rallye SA                     4.00011/23/2020     CHF   16.213
Swissport Investments S       9.75012/15/2022     EUR   35.656
Galapagos Holding SA          7.000 6/15/2022     EUR    7.758
Intu Debenture PLC            5.56212/31/2027     GBP   49.000
Mallinckrodt Internatio       5.500 4/15/2025     USD   40.500
FIGEAC-AERO                   1.12510/18/2022     EUR   21.487
EOS Imaging SA                6.000 5/31/2023     EUR    6.818
EA Partners II BV             6.750 06/01/2021    USD   41.480
Andrade Gutierrez Inter       9.50012/30/2024     USD   63.855
Wasps Finance Plc             6.500 5/13/2022     GBP   61.314
Abengoa Abenewco 2 Bis        1.500 4/26/2024     EUR    1.500
Senivita Social Estate        2.000 05/12/2025    EUR   25.010
Travelex Financing PLC        8.000 5/15/2022     EUR    2.195
Grupo Isolux Corsan SA        6.00012/30/2021     EUR    0.769
Intelsat Connect Financ       9.500 2/15/2023     USD   27.000
Intu Metrocentre Financ       4.125 12/06/2023    GBP   45.399
Mitchells & Butlers Fin       2.168 6/15/2036     GBP   71.506
Air Berlin PLC                6.750 05/09/2019    EUR    0.698
Paragon GmbH & Co KGaA        4.500 07/05/2022    EUR   57.041
KCA Deutag UK Finance P       9.875 04/01/2022    USD   48.333
Rallye SA                     3.400 1/31/2022     EUR   19.460
Privatbank CJSC Via UK       11.000 02/09/2021    USD    9.550
Air Berlin PLC                8.250 4/19/2018     EUR    0.811
KCA Deutag UK Finance P       9.625 04/01/2023    USD   48.710
Valaris plc                   4.750 1/15/2024     USD    7.250
Lambay Capital Securiti       6.250               GBP    0.001
Valaris plc                   5.400 12/01/2042    USD    8.500
Cabonline Group Holding       7.500 12/09/2022    SEK   72.912
Virgolino de Oliveira F      10.500 1/28/2018     USD    1.034
Debenhams PLC                 5.250 7/15/2021     GBP    1.179
FF Group Finance Luxemb       1.750 07/03/2019    EUR    5.666
Norwegian Air Shuttle A       5.000 02/07/2023    SEK   45.500
Banco Espirito Santo SA       7.12511/28/2023     EUR    0.001
Valaris plc                   5.850 1/15/2044     USD    6.000
EA Partners I BV              6.875 9/28/2020     USD    0.890
Avangardco Investments       10.00010/29/2018     USD    3.250
FF Group Finance Luxemb       3.250 11/02/2021    CHF    7.835
WD Invest Sarl                1.900 10/02/2024    EUR    7.724
Stobart Finance PLC           2.750 05/08/2024    GBP   60.000
Rickmers Holding AG           8.875 06/11/2018    EUR    0.796
UkrLandFarming PLC           10.875 3/26/2018     USD    3.333
Virgolino de Oliveira F      11.750 02/09/2022    USD    1.296
Claranova SADIR               5.000 07/01/2023    EUR    1.110
YA Holding AB                 4.000 6/18/2022     SEK   60.272
Allied Irish Banks PLC       12.500 6/25/2035     GBP   60.295
Fuerstenberg Capital Er       1.301               EUR   52.479
Mitsubishi UFJ Investor       3.70012/30/2099     EUR    4.910
Hellenic Bank PCL            10.000               EUR   46.704
Eramet SA                     4.000               EUR   52.825
Vallourec SA                  4.125 08/02/2027    EUR   74.270
Thomas Cook Finance 2 P       3.875 7/15/2023     EUR    1.041
KCA Deutag UK Finance P       7.250 5/15/2021     USD   48.500
Bank Otkritie Financial      10.000 4/26/2019     USD    9.029
Privatbank CJSC Via UK       10.250 1/23/2018     USD   29.974
Yuksel Insaat AS              9.500 11/10/2015    USD    2.537
Joh Friedrich Behrens A       7.750 11/11/2020    EUR   35.000
Jacktel AS                   10.000 12/04/2023    USD   20.135
Stichting Afwikkeling O       6.25010/26/2020     EUR    2.976
Norddeutsche Landesbank       7.780               EUR   61.000
Immigon Portfolioabbau        5.705               EUR   12.512
Santhera Pharmaceutical       5.000 2/17/2022     CHF   34.428
Intralot Capital Luxemb       5.250 9/15/2024     EUR   41.996
DOF Subsea AS                 8.37011/27/2023     NOK   25.166
Dexia Credit Local SA         1.208               EUR    4.217
Norwegian Air Shuttle A       6.37511/15/2024     USD   70.000
Bilt Paper BV                 9.640               USD    0.876
Air Berlin PLC                5.625 05/09/2019    CHF    0.802
JZ Capital Partners Ltd       6.000 7/30/2021     GBP    9.050
Mitchells & Butlers Fin       1.918 9/15/2034     GBP   73.817
Mallinckrodt Internatio       5.750 08/01/2022    USD   39.250
Intu SGS Finance PLC          4.250 9/17/2030     GBP   56.573
Petra Diamonds US Treas       7.250 05/01/2022    USD   39.125
Afren PLC                     6.625 12/09/2020    USD    0.065
Europcar Mobility Group       4.12511/15/2024     EUR   70.506
Hamon & CIE SA                3.300 1/30/2025     EUR   44.750
Tresu Investment Holdin       5.000 9/29/2022     EUR   29.263
Bourbon Corp                  7.989               EUR    0.458
Yell Bondco PLC               8.500 05/02/2023    GBP   40.000
Tullow Oil PLC                7.000 03/01/2025    USD   70.852
Alno AG                       8.500 5/14/2018     EUR   15.057
Dexia SA                      1.265               EUR    2.212
ESFIL-Espirito Santo Fi       5.250 06/12/2015    EUR    1.232
Orient Express Bank PJS      10.000               USD   30.789
Intu SGS Finance PLC          4.625 3/17/2028     GBP   56.242
HI Bidco AS                   8.400 1/30/2023     NOK   69.084
Banca Popolare di Vicen       9.500 9/29/2025     EUR    0.011
Breeze Finance SA             6.708 4/19/2027     EUR   28.950
Alitalia-Societa Aerea        5.250 7/30/2020     EUR    2.060
Hema Bondco II BV             8.500 1/15/2023     EUR    1.085
Stichting Afwikkeling O      11.250               EUR    0.506
New World Resources NV        8.000 04/07/2020    EUR    0.105
Paragon GmbH & Co KGaA        4.000 4/23/2024     CHF   39.000
DOF Subsea AS                 9.500 3/14/2022     USD   25.239
CBo Territoria                3.750 07/01/2024    EUR    4.700
KTG Agrar SE                  7.125 06/06/2017    EUR    2.397
Scandinavian Airlines S       0.625               CHF   23.784
Tennor Finance BV             5.750 6/17/2024     EUR   75.000
Espirito Santo Financia       6.87510/21/2019     EUR    0.529
Norske Skogindustrier A       7.00012/30/2026     EUR    0.001
Rallye SA                     1.000 10/02/2020    EUR   15.309
Intralot Capital Luxemb       6.750 9/15/2021     EUR   65.032
Abengoa Abenewco 2 Bis        1.500 4/26/2024     USD    0.770
Gamalife - Cia de Segur       2.959               EUR   69.571
Afren PLC                    11.500 02/01/2016    USD    0.032
OGX Austria GmbH              8.500 06/01/2018    USD    0.030
Europcar Mobility Group       4.000 4/30/2026     EUR   70.237
Cirio Holding Luxembour       6.250 2/16/2004     EUR    0.792
MaxFastigheter i Sverig       6.500               SEK   54.792
Privatbank CJSC Via UK       10.875 2/28/2018     USD   30.000
Deutsche Bank AG              1.968 6/28/2033     USD   75.625
Civitas Properties Fina       4.00011/24/2022     EUR   47.000
Banca Popolare di Vicen       2.82112/20/2017     EUR    0.227
Waste Italia SpA             10.50011/15/2019     EUR    0.727
New World Resources NV        4.000 10/07/2020    EUR    1.011
Norwegian Air Shuttle A       4.33011/23/2021     NOK   65.189
Banco Espirito Santo SA       2.110               EUR    0.045
KCA Deutag UK Finance P       7.250 5/15/2021     USD   48.417
Pacific Drilling SA           8.375 10/01/2023    USD   26.000
Afren PLC                    10.250 04/08/2019    USD    0.015
OGX Austria GmbH              8.375 04/01/2022    USD    0.010
Steinhoff Finance Holdi       1.25010/21/2023     EUR   43.500
Manchester Building Soc       8.000               GBP   31.161
Banco Espirito Santo SA       6.875 7/15/2016     EUR   20.500
Societe Generale SA          10.55012/30/2022     USD   67.875
Transportes Aereos Port       5.625 12/02/2024    EUR   68.115
Verimatrix SA                 6.000 6/29/2022     EUR    4.034
Alpine Holding GmbH           6.000 5/22/2017     EUR    0.173
Hellenic Republic Gover       2.085 7/25/2057     EUR   50.375
International Industria       9.000 07/06/2011    EUR    0.329
Ghelamco Invest               4.500 5/23/2022     EUR   40.000
Avation Capital SA            6.500 5/15/2021     USD   71.830
Elli Investments Ltd         12.250 6/15/2020     GBP   51.580
Agrokor dd                    9.875 05/01/2019    EUR   15.000
Praktiker AG                  5.875 02/10/2016    EUR    0.069
Veneto Banca SpA              9.878 12/01/2025    EUR    0.013
International Industria      11.000 2/19/2013     USD    0.355
Agrokor dd                    9.125 02/01/2020    EUR   15.000
Cattles Ltd                   8.125 07/05/2017    GBP    0.031
REM Saltire AS                7.110 6/30/2021     NOK   52.624
Kaupthing ehf                 7.625 2/28/2015     USD    0.250
Vseukrainsky Aktsinerny      10.900 6/14/2019     USD    1.056
Havila Shipping ASA           2.590 01/02/2025    NOK   25.000
KCA Deutag UK Finance P       9.875 04/01/2022    USD   48.083
Banco Espirito Santo SA       6.900 6/28/2024     EUR   20.514
Societe Centrale des Bo       2.500 5/15/2023     EUR    6.880
Manchester Building Soc       6.750               GBP   26.857
Norske Skog Holding AS        8.000 2/24/2021     EUR    0.015
Steilmann SE                  7.000 03/09/2017    EUR    1.429
Mallinckrodt Internatio       5.500 4/15/2025     USD   40.913
Hellas Telecommunicatio       6.054 1/15/2015     USD    0.001
Intelsat Jackson Holdin       8.50010/15/2024     USD   72.865
Finmek International SA       7.000 12/03/2004    EUR    2.193
Portugal Telecom Intern       6.250 7/26/2016     EUR    0.175
Espirito Santo Financia       3.125 12/02/2018    EUR    1.793
Norske Skogindustrier A       2.00012/30/2115     EUR    0.113
Linas Matkasse Newco AB       8.000 10/09/2022    SEK   55.750
Cirio Del Monte NV            7.750 3/14/2005     EUR    0.601
Chr Bygga Bostader Hold       9.000 07/05/2021    SEK   50.000
Virgolino de Oliveira F      10.500 1/28/2018     USD    1.034
Russian Federal Bond -        0.250 7/20/2044     RUB   18.941
Mallinckrodt Internatio       5.62510/15/2023     USD   30.000
Saleza AS                     9.000 07/12/2021    EUR    0.203
Island Offshore Shiphol       2.690 6/30/2021     NOK    4.179
SAS AB                        4.407               SEK   32.486
Lehman Brothers UK Capi       3.875               EUR    8.766
Komplett Bank ASA             8.500               NOK   66.708
LBI ehf                       6.100 8/25/2011     USD    8.625
Phosphorus Holdco PLC        10.000 04/01/2019    GBP    0.612
Kaupthing ehf                 5.750 10/04/2011    USD    0.250
Dr Wiesent Sozial gGmbH       7.000               EUR    0.210
Kredyt Inkaso SA              5.150 4/26/2023     PLN   74.300
ML 33 Invest AS               7.500               NOK   56.787
Kommunekredit                 0.500 7/30/2027     TRY   41.421
Autonomous Community of       2.965 09/08/2039    JPY   72.078
Abengoa Abenewco 2 Bis        1.500 4/26/2024     USD    1.243
Lehman Brothers UK Capi       5.125               EUR    8.454
Bank Nadra Via NDR Fina       8.250 7/31/2018     USD    0.208
UniCredit Bank AG            12.60012/24/2021     EUR   58.640
OGX Austria GmbH              8.375 04/01/2022    USD    0.024
Intelsat Connect Financ       9.500 2/15/2023     USD   26.906
Hellas Telecommunicatio       8.50010/15/2013     EUR    0.540
Societe Generale SA          12.000 07/08/2021    USD   41.000
Alno AG                       8.000 3/21/2019     EUR   14.000
Corporate Commercial Ba       8.250 08/08/2014    USD    0.308
MS Deutschland Beteilig       6.87512/18/2017     EUR    1.900
Cirio Finance Luxembour       7.500 11/03/2002    EUR    2.302
Steilmann SE                  7.000 9/23/2018     EUR    1.429
Sairgroup Finance BV          4.375 06/08/2006    EUR    0.233
Banco Espirito Santo SA       2.290               EUR    0.289
Swissport Investments S       9.75012/15/2022     EUR   35.656
Amigo Luxembourg SA           7.625 1/15/2024     GBP   62.025
German Pellets GmbH           7.250 04/01/2016    EUR    0.634
Lehman Brothers UK Capi       5.750               EUR    2.225
KPNQwest NV                  10.000 3/15/2012     EUR    0.068
German Pellets GmbH           7.250 07/09/2018    EUR    0.634
Virgolino de Oliveira F      10.875 1/13/2020     USD   30.000
Steilmann SE                  6.750 6/27/2017     EUR    2.184
Espirito Santo Financia       9.75012/19/2025     EUR    1.137
EDOB Abwicklungs AG           7.500 04/01/2012    EUR    2.000
Lehman Brothers UK Capi       6.900               USD    2.745
KCA Deutag UK Finance P       9.625 04/01/2023    USD   48.710
Del Monte Finance Luxem       6.625 5/24/2006     EUR    1.813
Afren PLC                    10.250 04/08/2019    USD    0.015
Gebr Sanders GmbH & Co        8.75010/22/2018     EUR    9.478
Deutsche Bank AG/London       2.120 8/28/2034     USD   78.750
Erotik-Abwicklungsgesel       7.750 07/09/2019    EUR    0.779
KTG Agrar SE                  7.25010/15/2019     EUR    2.397
Credit Suisse AG/London       0.500 11/02/2023    USD   10.360
SAG Solarstrom AG             7.500 07/10/2017    EUR   31.000
Activa Resources AG           0.50011/15/2021     EUR    1.000
Vneshprombank Ltd Via V       9.00011/14/2016     USD    0.078
Autostrade per l'Italia       2.730 12/10/2038    JPY   28.440
Odea Bank AS                  7.625 08/01/2027    USD   67.801
Sairgroup Finance BV          6.625 10/06/2010    EUR    0.233
Afren PLC                     6.625 12/09/2020    USD    0.065
Offshore Drilling Holdi       8.375 9/20/2020     USD    9.820
Cooperatieve Rabobank U       0.500 7/30/2043     MXN   16.529
SAir Group                    5.500 7/23/2003     CHF   12.625
Uppfinnaren 1 AB             11.000               SEK   40.000
Depfa Funding II LP           6.500               EUR   60.272
Norske Skog Holding AS        8.000 2/24/2023     USD    0.015
Solship Invest 1 AS           5.000 12/08/2024    NOK    6.788
Cooperatieve Rabobank U       0.50010/30/2043     MXN   16.573
Bulgaria Steel Finance       12.000 05/04/2013    EUR    0.216
Nostrum Oil & Gas Finan       8.000 7/25/2022     USD   24.325
Agrokor dd                    8.875 02/01/2020    USD   15.000
Deutsche Agrar Holding        7.250 9/28/2018     EUR    1.254
Senvion Holding GmbH          3.87510/25/2022     EUR    1.447
German Pellets GmbH           7.25011/27/2019     EUR    0.634
Caixa Economica Montepi       5.000               EUR   50.000
International Finance F       0.500 6/29/2027     ZAR   66.434
Barclays Bank PLC             0.333 4/13/2022     USD    9.770
Tonon Luxembourg SA          12.500 5/14/2024     USD    0.543
Windreich GmbH                6.500 03/01/2015    EUR    5.875
Solstad Offshore ASA          4.000 9/24/2021     NOK    4.500
Skandinaviska Enskilda        9.500 7/17/2023     SEK   58.630
Credit Suisse AG/London       8.00012/21/2023     USD    9.800
Nostrum Oil & Gas Finan       7.000 2/16/2025     USD   24.282
Sidetur Finance BV           10.000 4/20/2016     USD    3.532
Solon SE                      1.375 12/06/2012    EUR    0.544
La Veggia Finance SA          7.12511/14/2004     EUR    0.287
Intelsat Jackson Holdin       9.750 7/15/2025     USD   72.499
Paper Industries Interm       6.000 03/01/2025    EUR   73.270
Rio Forte Investments S       4.000 7/22/2014     EUR    5.538
Golden Gate AG                6.500 10/11/2014    EUR   37.500
A-TEC Industries AG           8.75010/27/2014     EUR    0.100
International Bank of A       8.250 10/09/2024    USD   60.375
Marine Subsea AS              9.00012/16/2019     USD    0.688
Alpine Holding GmbH           5.250 07/01/2015    EUR    0.173
UniCredit Bank AG             0.11511/19/2029     EUR   72.343
Tonon Luxembourg SA           9.250 1/24/2020     USD    1.000
Commerzbank AG                0.08511/19/2029     EUR   62.545
Mriya Agro Holding PLC       10.950 3/30/2016     USD    5.000
Rena GmbH                     8.250 07/11/2018    EUR    2.096
WPE International Coope      10.375 9/30/2020     USD    5.706
Stichting Afwikkeling O       2.207               EUR    0.506
Afren PLC                    11.500 02/01/2016    USD    0.032
Finance and Credit Bank       9.250 1/25/2019     USD    0.257
Lehman Brothers Treasur       5.220 03/01/2024    EUR    0.100
SiC Processing GmbH           7.125 03/01/2016    EUR    2.572
Danske Bank A/S               6.010 07/09/2023    SEK   71.930
HPI AG                        3.500               EUR    3.011
Pescanova SA                  8.750 2/17/2019     EUR    0.319
Veneto Banca SpA              6.950 2/25/2025     EUR    0.018
SAG Solarstrom AG             6.25012/14/2015     EUR   31.000
Virgolino de Oliveira F      10.875 1/13/2020     USD   30.000
Societe Generale SA           8.900 11/01/2021    USD   66.500
Naviera Armas SA              4.25011/15/2024     EUR   54.326
KPNQwest NV                   8.875 02/01/2008    EUR    0.068
Societe Generale SA          21.00012/23/2022     USD   68.950
Stichting Afwikkeling O       6.625 5/14/2018     EUR    2.976
Havila Shipping ASA           4.270 01/02/2025    NOK   50.982
Lloyds Bank PLC               0.500 7/26/2028     MXN   59.821
Golfino AG                    8.00011/18/2023     EUR    0.050
Muehl Product & Service       6.750 03/10/2005    DEM    0.050
OGX Austria GmbH              8.500 06/01/2018    USD    0.030
Rena GmbH                     7.00012/15/2015     EUR    2.096
Credit Suisse AG/London      10.00010/26/2023     USD   10.124
Intelsat Jackson Holdin       9.750 7/15/2025     USD   72.499
Barclays Bank PLC             5.000 11/01/2029    BRL   70.919
Resa SA/Belgium               1.950 7/22/2036     EUR   50.000
Ahtium PLC                    9.750 04/04/2017    EUR    0.709
Pescanova SA                  5.125 4/20/2017     EUR    0.319
Air Berlin Finance BV         6.000 03/06/2019    EUR    0.652
Credit Suisse AG/London       6.500 3/28/2022     USD    3.740
Getin Noble Bank SA           5.260 3/31/2023     PLN   74.749
Credit Suisse AG/London      11.750 1/31/2022     USD   73.846
UBS AG/London                 9.000 11/10/2022    USD    5.646
Banco Santander SA            1.855               EUR    2.117
Galapagos Holding SA          7.000 6/15/2022     EUR    7.758
AKB Peresvet ZAO              0.510 08/04/2034    RUB   19.000
A-TEC Industries AG           2.750 05/10/2014    EUR    0.100
Norske Skog Holding AS        8.000 2/24/2021     EUR    0.015
Alpine Holding GmbH           5.250 06/10/2016    EUR    0.173
Cooperatieve Rabobank U       0.500 1/31/2033     MXN   41.003
CRC Breeze Finance SA         6.110 05/08/2026    EUR   39.920
Opus-Chartered Issuance       5.000 03/08/2027    USD   66.440
Mifa Mitteldeutsche Fah       7.500 08/12/2018    EUR    2.100
Veneto Banca SpA              6.411               EUR    0.628
SpareBank 1 SR-Bank ASA       1.20712/21/2030     EUR   71.885
Officine Maccaferri-SpA       5.750 06/01/2021    EUR   34.915
Zurcher Kantonalbank Fi      11.000 7/22/2021     CHF   75.250
KPNQwest NV                   7.125 06/01/2009    EUR    0.068
Aralco Finance SA            10.125 05/07/2020    USD    0.934
Cooperatieve Rabobank U       0.50011/30/2027     MXN   65.602
Yell Bondco PLC               8.500 05/02/2023    GBP   40.000
Veneto Banca SpA              6.944 5/15/2025     EUR    0.018
Barclays Bank PLC             2.000 06/12/2029    TRY   41.858
SG Issuer SA                  0.263 2/20/2025     EUR   20.060
Top Gun Realisations 73       8.000 07/01/2023    GBP    1.387
Landesbank Baden-Wuertt       6.000 8/27/2021     EUR   66.420
Thomas Cook Group PLC         6.250 6/15/2022     EUR    0.845
Swissport Investments S       6.75012/15/2021     EUR    1.264
SAir Group                    4.250 02/02/2007    CHF   12.625
Naviera Armas SA              6.500 7/31/2023     EUR   54.010
SG Issuer SA                  0.820 08/02/2021    SEK    0.820
Air Berlin Finance BV         8.500 03/06/2019    EUR    0.635
New World Resources NV        8.000 04/07/2020    EUR    0.105
Hema Bondco II BV             8.500 1/15/2023     EUR    1.085
Sequa Petroleum NV            5.000 4/29/2020     USD   28.765
Kaupthing ehf                 5.750 10/04/2011    USD    0.250
UkrLandFarming PLC           10.875 3/26/2018     USD    3.403
Skandinaviska Enskilda        7.880 1/16/2023     SEK   71.885
Otkritie Holding JSC          0.010 9/17/2027     RUB    1.820
SAir Group                    0.125 07/07/2005    CHF   12.625
Intelsat SA                   4.500 6/15/2025     USD   52.500
BOA Offshore AS               0.409 7/17/2047     NOK    7.546
Cooperatieve Rabobank U       0.50010/29/2027     MXN   65.704
Norske Skogindustrier A       7.12510/15/2033     USD    0.001
Mox Telecom AG                7.250 11/02/2017    EUR    1.354
Agrokor dd                    9.875 05/01/2019    EUR   15.000
SAir Group                    5.125 03/01/2003    CHF   12.500
Skandinaviska Enskilda        8.300 7/17/2023     SEK   56.520
Credit Suisse AG/London      20.00011/29/2024     USD   11.550
Agrokor dd                    8.875 02/01/2020    USD   15.000
Lehman Brothers Treasur       1.000 10/05/2035    EUR    0.100
LBI ehf                       7.431               USD    0.001
Northland Resources AB        4.00010/15/2020     NOK    0.271
Virgolino de Oliveira F      11.750 02/09/2022    USD    1.296
Getin Noble Bank SA           5.250 4/29/2024     PLN   64.990
Dolphin Drilling ASA          4.490 8/28/2019     NOK    0.644
Skandinaviska Enskilda        8.600 7/17/2023     SEK   57.050
Danske Bank A/S               8.050 07/09/2023    SEK   64.690
Derzhava-Garant OOO           7.250 06/12/2030    RUB   12.300
getgoods.de AG                7.750 10/02/2017    EUR    0.170
Stichting Afwikkeling O       8.450 8/20/2018     USD    2.976
Kaupthing ehf                 6.125 10/04/2016    USD    0.250
Getin Noble Bank SA           4.750 5/31/2024     PLN   66.166
Thomas Cook Finance 2 P       3.875 7/15/2023     EUR    1.041
Bank Otkritie Financial      10.000 4/26/2019     USD    9.029
Lehman Brothers Treasur       0.215 11/02/2035    EUR    0.100
Windreich GmbH                6.500 7/15/2016     EUR    5.875
Landesbank Hessen-Thuer       7.50012/13/2024     EUR    0.100
Landesbank Hessen-Thuer       9.600 01/09/2023    EUR    0.100
LBI ehf                       7.431               USD    0.001
O1 Properties Finance P       8.250 9/27/2021     USD   22.295
Portugal Telecom Intern       5.242 11/06/2017    EUR    0.694
UBS AG/London                12.250 5/31/2021     EUR   10.960
Getin Noble Bank SA           4.250 6/28/2024     PLN   68.000
Agrokor dd                    9.125 02/01/2020    EUR   15.000
Espirito Santo Financia       5.05011/15/2025     EUR    1.243
Credit Suisse AG/London       6.500 4/30/2021     USD    3.380
Hellas Telecommunicatio       6.054 1/15/2015     USD    0.001
Norske Skog Holding AS        8.000 2/24/2023     USD    0.015
SAir Group                    2.750 7/30/2004     CHF   12.625
Landesbank Baden-Wuertt       2.050 7/23/2021     EUR   68.360
Nordea Bank Abp               7.150 7/20/2024     SEK   72.740
Kardan NV                     6.325 02/04/2021    ILS    9.570
Barclays Bank PLC             1.450 9/24/2038     MXN   34.748
SALVATOR Vermoegensverw       9.500               EUR   11.100
SALVATOR Vermoegensverw       9.50012/31/2021     EUR    8.250
Cooperatieve Rabobank U       0.500 8/21/2028     MXN   61.730
Moby SpA                      7.750 2/15/2023     EUR   23.675
Centrosolar Group AG          7.000 2/15/2016     EUR    2.505
Bibby Offshore Services       7.500 6/15/2021     GBP   11.639
Landesbank Hessen-Thuer       4.000 3/20/2023     EUR    0.100
Grupo Isolux Corsan SA        0.25012/30/2018     EUR    0.318
Grupo Isolux Corsan SA        6.00012/30/2021     USD    0.813
Ideal Standard Internat      11.750 05/01/2018    EUR    0.050
Ahtium PLC                    4.00012/16/2015     EUR    0.586
Lehman Brothers Treasur       2.875 3/14/2013     CHF    0.100
Getin Noble Bank SA           4.270 8/30/2024     PLN   66.817
UniCredit Bank AG             5.45011/21/2022     EUR    9.500
Skandinaviska Enskilda        6.000 1/17/2023     SEK   69.995
Bank Julius Baer & Co L       7.300 1/25/2021     EUR   62.750
Skandinaviska Enskilda        7.600 1/15/2024     SEK   73.510
Societe Generale SA          10.00012/30/2022     USD   58.670
Russian Post FGUP             2.750 12/06/2023    RUB   70.000
Credit Suisse AG              0.50012/16/2025     BRL   67.613
SAir Group                    6.25010/27/2002     CHF   12.625
Solarwatt GmbH                7.000 11/01/2015    EUR   15.500
Top Gun Realisations 73       8.000 07/01/2023    GBP    1.387
Concern Rossium LLC           6.000 08/05/2030    RUB  100.020
City of Predeal Romania       2.500 5/15/2026     RON   60.000
DekaBank Deutsche Giroz       6.000 06/02/2021    EUR   56.170
NTRP Via Interpipe Ltd       10.250 08/02/2017    USD   30.500
HSBC Bank PLC                 0.50012/22/2025     BRL   66.635
Kaupthing ehf                 9.000               USD    0.122
Credit Agricole CIB Fin       0.39012/16/2032     EUR   54.196
Heta Asset Resolution A       4.87512/31/2023     EUR    2.078
SFO Akkord Finans            10.000 02/12/2024    RUB   61.540
Espirito Santo Financia       5.05011/15/2025     EUR    0.851
Landesbank Hessen-Thuer       8.60011/17/2022     EUR   60.420
Bank Julius Baer & Co L      10.000 6/21/2021     EUR   62.850
BNP Paribas SA               10.500 02/10/2021    USD   62.010
Societe Generale SA          17.000 1/17/2030     USD   56.100
Windreich GmbH                6.750 03/01/2015    EUR    5.875
AKB Peresvet ZAO              0.510 2/14/2032     RUB   12.500
Getin Noble Bank SA           5.280 7/28/2023     PLN   74.982
Agrokor dd Via Aquarius       4.921 08/08/2017    EUR   14.625
Eiendomskreditt AS            2.220 9/17/2029     NOK   68.373
KPNQwest NV                   8.125 06/01/2009    USD    0.068
Zaklady Miesne Henryk K       5.460 3/29/2021     PLN
Societe Generale SA           6.000 05/09/2022    USD    2.230
Societe Generale SA          20.000 03/02/2022    USD   52.500
Bulgaria Steel Finance       12.000 05/04/2013    EUR    0.216
BRAbank ASA/NO                7.350               NOK   61.539
Getin Noble Bank SA           5.25012/21/2023     PLN   69.000
SG Issuer SA                  2.70011/28/2034     ZAR   44.429
OOO SPV Structural Inve       0.010 09/01/2023    RUB   66.740
Deutsche Bank AG/London       0.50010/18/2038     MXN   16.046
Elli Investments Ltd         12.250 6/15/2020     GBP   51.823
Danske Bank A/S               7.470 07/09/2023    SEK   72.930
Erste Group Bank AG           7.00011/21/2023     EUR   21.100
Decipher Production Ltd      12.500 9/27/2019     USD    1.500
Otkritie Holding JSC          0.010 12/08/2027    RUB    1.900
Cooperativa Muratori &        6.875 08/01/2022    EUR    1.560
Instabank ASA                 7.930 02/04/2030    NOK   73.638
Spoldzielczy Bank Rozwo       3.750 7/16/2025     PLN   75.000
Minicentrales Dos SA          0.010 06/06/2047    EUR   67.383
SAir Group                    2.125 11/04/2004    CHF   12.625
Norske Skogindustrier A       7.12510/15/2033     USD    0.001
WEB Windenergie AG            2.250 9/25/2028     EUR    0.010
Societe Generale SA          17.000 03/03/2021    USD   43.100
Landesbank Baden-Wuertt       2.500 8/27/2021     EUR   63.010
Bayerische Landesbank         3.400 7/16/2021     EUR   67.210
Leonteq Securities AG        11.200 1/27/2021     USD   73.790
Landesbank Hessen-Thuer       7.300 02/07/2023    EUR    0.100
Landesbank Hessen-Thuer       6.900 1/30/2023     EUR
Northland Resources AB        4.00010/15/2020     USD    0.271
PA Resources AB              13.500 03/03/2016    SEK    0.124
Tonon Luxembourg SA           9.250 1/24/2020     USD    1.000
Gold-Zack AG                  7.00012/14/2005     EUR   10.510
SAir Group                    6.250 04/12/2005    CHF   12.625
Cooperatieve Rabobank U       0.50012/29/2027     MXN   64.963
Minicentrales Dos SA          0.010 06/06/2047    EUR   65.750
Natixis SA                    0.300 6/25/2048     USD   51.735
Samaratransneft-Termina      17.000 6/20/2021     RUB   15.700
Mriya Agro Holding PLC        9.450 4/19/2018     USD    5.000
Landesbank Hessen-Thuer       5.200 01/11/2024    EUR   70.470
SG Issuer SA                  2.98012/28/2021     EUR   60.190
Leonteq Securities AG/G       8.000 09/01/2021    CHF   71.320
SG Issuer SA                  5.500 04/10/2021    EUR
Satra Forvaltnings AB         9.000 2/27/2021     SEK   65.000
Landesbank Hessen-Thuer       5.650 2/21/2023     EUR    0.100
Bank Julius Baer & Co L      10.100 1/25/2021     USD   56.550
Danske Bank A/S               6.860 07/09/2022    SEK   25.670
Nordea Bank Abp               7.430 1/20/2025     SEK   82.000
Landesbank Hessen-Thuer       8.450 1/24/2023     EUR    0.100
Corner Banca SA              16.400 03/02/2021    CHF   12.630
Phosphorus Holdco PLC        10.000 04/01/2019    GBP    0.612
ECM Real Estate Investm       5.000 10/09/2011    EUR   15.375
Heta Asset Resolution A       4.35012/31/2023     EUR    2.082
Nordea Bank Abp               5.813 7/20/2024     SEK   71.000
SG Issuer SA                 10.400 2/23/2021     USD    3.040
WPE International Coope      10.375 9/30/2020     USD    5.706
Norske Skogindustrier A       2.00012/30/2115     EUR    0.113
Kaupthing ehf                 6.125 10/04/2016    USD    0.250
Lehman Brothers Treasur       5.103 6/22/2046     EUR    0.100
Bibby Offshore Services       7.500 6/15/2021     GBP   11.639
DekaBank Deutsche Giroz       1.780 02/05/2021    EUR   62.860
Corner Banca SA               7.600 02/02/2021    CHF   68.640
Erste Group Bank AG           8.000 9/28/2023     EUR    0.300
WEB Windenergie AG            4.00012/17/2025     EUR    0.010
Skandinaviska Enskilda        6.500 1/15/2024     SEK   71.760
COFIDUR SA                    0.10012/31/2024     EUR   24.050
New World Resources NV        4.000 10/07/2020    EUR    1.011
Societe Generale SA           8.00010/13/2021     USD   71.000
BRAbank ASA                   7.380               NOK   56.110
KPNQwest NV                   8.875 02/01/2008    EUR    0.068
Getin Noble Bank SA           4.250 7/26/2024     PLN   74.000
Getin Noble Bank SA           5.270 8/31/2023     PLN   69.997
BLT Finance BV               12.000 02/10/2015    USD   10.500
Norske Skogindustrier A       7.00012/30/2026     EUR    0.001
LBI ehf                       6.100 8/25/2011     USD    8.625
Societe Generale SA           8.000 8/18/2021     USD   17.250
Landesbank Hessen-Thuer       5.200 01/08/2024    EUR   46.060
Societe Generale SA           4.890 2/16/2023     USD   55.340
Landesbank Hessen-Thuer       6.750 1/14/2025     EUR   72.170
Leonteq Securities AG/G      10.000 02/08/2021    USD   70.030
EFG International Finan       7.000 5/23/2022     EUR   47.750
Societe Generale SA           1.580 9/16/2024     USD    2.610
Leonteq Securities AG         6.400 5/25/2021     CHF   72.550
UniCredit Bank AG            10.500 5/19/2021     EUR    3.400
Landesbank Baden-Wuertt       3.500 2/26/2021     EUR   71.030
Raiffeisen Switzerland        4.800 6/14/2021     EUR   66.220
Credit Suisse AG/London       8.750 5/20/2021     GBP   60.960
Banque Cantonale Vaudoi       7.550 08/03/2021    CHF   73.230
Leonteq Securities AG        12.00010/18/2021     CHF   65.120
Leonteq Securities AG/G       2.750 9/15/2022     CHF   13.790
Petromena ASA                10.85011/19/2018     USD    0.622
Irish Bank Resolution C       6.75011/30/2013     BGN   33.250
BNP Paribas Issuance BV       6.550 3/28/2025     EUR   44.030
Polski Bank Spoldzielcz       3.760 9/14/2027     PLN   65.346
Lehman Brothers Treasur       5.100 05/08/2017    HKD    0.100
Getin Noble Bank SA           5.250 4/28/2023     PLN   74.732
Barclays Bank PLC             0.500 1/28/2033     MXN   38.461
Lehman Brothers Treasur       7.375 9/20/2008     EUR    0.100
UBS AG/London                 7.250 02/08/2021    CHF   60.300
Societe Generale SA          12.000 2/17/2025     USD   57.200
Societe Generale SA           8.600 7/29/2022     USD   45.000
EFG International Finan       6.130 6/20/2024     EUR    3.000
Erste Group Bank AG           4.350 2/28/2022     EUR   52.300
Kancelaria Medius SA          5.770 03/07/2021    PLN   40.000
UBS AG/London                10.000 3/22/2021     EUR   43.450
UBS AG/London                12.500 7/19/2021     USD   70.250
Erste Group Bank AG           5.550 8/30/2022     EUR   52.650
Erste Group Bank AG           4.350 2/20/2022     EUR   52.750
getBACK SA                    4.210 2/16/2021     PLN
BNP Paribas Emissions-        8.000 6/24/2021     EUR   66.340
Landesbank Baden-Wuertt      14.770 5/25/2021     EUR    6.110
Leonteq Securities AG        30.000 06/09/2021    CHF   15.200
EFG International Finan       5.600 07/11/2024    EUR   24.660
Landesbank Baden-Wuertt       8.150 02/04/2021    EUR    0.780
Credit Suisse AG/London       6.250 7/21/2022     CHF   73.550
SG Issuer SA                  7.000 2/17/2021     EUR   72.310
UBS AG/London                13.500 7/15/2021     CHF    7.490
Leonteq Securities AG/G      25.000 2/18/2021     USD    6.120
Credit Suisse AG/London      10.000 1/25/2021     CHF   74.660
Credit Suisse AG/London       8.750 03/04/2021    EUR   65.710
RENE LEZARD Mode GmbH         7.25011/25/2017     EUR    1.500
Societe Generale SA          17.500 1/26/2023     USD   71.000
Societe Generale SA          10.000 12/02/2021    USD   58.300
Vontobel Financial Prod       0.154 06/10/2021    EUR   62.400
Astana Finance BV             7.875 06/08/2010    EUR   16.000
HSBC Bank PLC                 0.50011/25/2025     BRL   67.165
Santander Consumer Bank       5.160               NOK   58.614
Rio Forte Investments S       3.900 07/10/2014    USD    5.500
Grupo Isolux Corsan SA        1.00012/30/2021     USD    0.318
Getin Noble Bank SA           5.260 04/04/2024    PLN   65.000
SG Issuer SA                  7.600 2/22/2021     EUR    2.350
Erste Group Bank AG           7.200 9/30/2024     EUR    0.350
Banco Espirito Santo SA      10.000 12/06/2021    EUR    0.001
Lehman Brothers Treasur       6.000 6/21/2011     EUR    0.100
Lehman Brothers Treasur       2.000 3/16/2035     EUR    0.100
Getin Noble Bank SA           5.250 11/09/2023    PLN   70.814
Instabank ASA                 7.500               NOK   41.146
Rio Forte Investments S       4.750 11/10/2015    EUR    5.500
Heta Asset Resolution A       0.21712/31/2023     EUR    2.078
Heta Asset Resolution A       5.92012/31/2023     EUR    2.078
AKB Peresvet ZAO              0.510 6/23/2021     RUB   19.020
Mriya Agro Holding PLC        9.450 4/19/2018     USD    5.000
Tonon Luxembourg SA          12.500 5/14/2024     USD    0.543
Hellas Telecommunicatio       8.50010/15/2013     EUR    0.540
Northland Resources AB       15.000 7/15/2019     USD    2.621
A-TEC Industries AG           5.750 11/02/2010    EUR    0.100
Bilt Paper BV                 9.640               USD    0.876
Aralco Finance SA            10.125 05/07/2020    USD    0.934
Raiffeisen Schweiz Geno      11.500 2/18/2021     CHF   52.300
Leonteq Securities AG/G       6.400 11/03/2021    CHF   51.780
Societe Generale SA           6.000 06/06/2022    USD    4.570
Raiffeisen Centrobank A       5.000 9/20/2021     EUR   69.710
Leonteq Securities AG         7.400 03/04/2021    CHF   66.240
Raiffeisen Centrobank A       5.000 08/09/2021    EUR   67.960
Skandinaviska Enskilda        4.100 1/17/2022     SEK   73.650
Corner Banca SA               8.000 5/25/2021     CHF   57.180
Landesbank Hessen-Thuer       7.000 01/09/2023    EUR   59.140
SG Issuer SA                  6.700 07/10/2024    EUR   71.960
Societe Generale SA          10.250 02/02/2023    USD   61.300
SG Issuer SA                  2.200 01/10/2025    EUR   72.660
SG Issuer SA                  6.650 10/10/2021    EUR
Concern Rossium LLC           6.250 12/11/2029    RUB   60.060
AKB Peresvet ZAO             13.000 10/07/2017    RUB   19.625
Windreich GmbH                6.250 03/01/2015    EUR    5.875
Bank Otkritie Financial       0.010 9/24/2025     RUB   72.780
Corner Banca SA               7.350 1/16/2023     CHF   67.710
Cooperativa Muratori &        6.000 2/15/2023     EUR    1.952
KPNQwest NV                   7.125 06/01/2009    EUR    0.068
Bank Otkritie Financial       0.010 7/16/2025     RUB   73.140
Pescanova SA                  6.750 03/05/2015    EUR    0.319
PSN Pm OOO                    9.500 09/10/2026    RUB   21.625
Otkritie Holding JSC          0.010 10/03/2036    RUB    0.010
Privatbank CJSC Via UK       10.875 2/28/2018     USD   30.000
Getin Noble Bank SA           5.250 5/31/2023     PLN   69.255
Concern Rossium LLC           6.000 08/05/2030    RUB  100.020
Espirito Santo Financia       5.125 5/30/2016     EUR    1.527
Landesbank Baden-Wuertt       3.000 2/26/2021     EUR   66.570
Zurcher Kantonalbank Fi       7.750 7/23/2021     EUR   70.980
UBS AG/London                14.000 07/06/2021    USD   64.090
Citigroup Global Market       8.050 1/24/2023     EUR   62.930
BNP Paribas Emissions-        9.000 3/25/2021     EUR   66.090
Landesbank Baden-Wuertt      10.500 2/26/2021     EUR   68.230
Landesbank Baden-Wuertt       2.000 6/25/2021     EUR   70.010
WEB Windenergie AG            3.750 9/26/2026     EUR    0.010
WEB Windenergie AG            2.500 9/26/2021     EUR    0.010
UBS AG/London                14.000 6/28/2021     CHF   71.650
Deutsche Bank AG              3.800 02/04/2030    USD
Lehman Brothers Treasur      11.00012/20/2017     AUD    0.100
Santander Consumer Bank       5.160               NOK   59.205
Credito Padano Banca di       3.100               EUR   33.831
KPNQwest NV                   8.875 02/01/2008    EUR    0.068
BNP Paribas SA                0.50011/16/2032     MXN   32.993
Kreditanstalt fuer Wied       0.250 10/06/2036    CAD   49.170
Lehman Brothers Treasur       6.650 8/24/2011     AUD    0.100
Landesbank Hessen-Thuer       0.650 10/01/2031    EUR   10.464
Raiffeisen Schweiz Geno       5.800 9/28/2021     CHF   57.900
Raiffeisen Schweiz Geno       6.250 04/01/2021    CHF   66.450
Landesbank Baden-Wuertt       3.00012/23/2022     EUR   64.450
Landesbank Baden-Wuertt       3.20012/23/2022     EUR   67.590
DekaBank Deutsche Giroz       4.000 4/23/2021     EUR   67.500
Corner Banca SA               6.200 10/05/2021    CHF   67.830
Landesbank Hessen-Thuer       3.600 08/12/2021    EUR   52.500
Citigroup Global Market      12.37911/13/2023     SEK   69.380
Corner Banca SA               8.600 10/12/2021    CHF   72.490
UniCredit Bank AG             4.00011/21/2022     EUR   65.560
Raiffeisen Schweiz Geno       5.700 10/12/2021    CHF   72.010
Landesbank Baden-Wuertt       3.500 1/28/2022     EUR   59.000
Landesbank Hessen-Thuer       6.35011/19/2024     EUR   62.820
Leonteq Securities AG         7.600 4/15/2021     CHF   70.860
Leonteq Securities AG/G       5.40010/19/2021     CHF   61.510
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   63.470
EFG International Finan      12.00010/19/2021     USD   50.840
DekaBank Deutsche Giroz       2.300 11/12/2021    EUR   61.150
BNP Paribas Issuance BV       6.310 07/05/2023    SEK   69.430
Landesbank Baden-Wuertt       3.25012/23/2022     EUR   63.700
Landesbank Baden-Wuertt       2.65012/23/2022     EUR   70.260
Landesbank Hessen-Thuer       2.000 6/13/2022     EUR   55.150
Natixis SA                    3.150 06/08/2021    USD   70.870
Natixis SA                    2.100 06/08/2021    EUR   59.180
Leonteq Securities AG         5.000 6/15/2021     CHF   57.570
Banque Cantonale Vaudoi       5.800 08/09/2021    CHF   60.720
Leonteq Securities AG        10.000 08/09/2021    CHF   62.230
Leonteq Securities AG        10.000 08/09/2021    CHF   66.010
Landesbank Baden-Wuertt       3.050 9/23/2022     EUR   69.020
Raiffeisen Schweiz Geno       7.500 02/09/2021    EUR   70.450
Raiffeisen Schweiz Geno       5.200 02/09/2021    CHF   66.600
Landesbank Hessen-Thuer       6.25012/13/2024     EUR   71.350
Raiffeisen Schweiz Geno       5.400 8/17/2022     CHF   71.470
Raiffeisen Schweiz Geno       7.800 2/14/2022     EUR   72.040
Raiffeisen Schweiz Geno      10.500 2/17/2021     CHF   73.410
Raiffeisen Schweiz Geno       7.500 5/14/2021     CHF   62.440
Zurcher Kantonalbank Fi       6.000 5/25/2021     CHF   69.010
Zurcher Kantonalbank Fi       6.000 5/25/2021     CHF   63.080
DZ Bank AG Deutsche Zen       8.250 3/24/2021     EUR   50.700
Zurcher Kantonalbank Fi       6.800 5/25/2021     EUR   66.460
Zurcher Kantonalbank Fi       6.000 5/25/2021     EUR   65.450
Credit Suisse AG/London       7.000 2/17/2021     CHF   65.930
Leonteq Securities AG/G      13.750 2/17/2021     EUR    3.280
Leonteq Securities AG/G       6.000 8/17/2022     CHF   73.310
Leonteq Securities AG/G      15.470 5/18/2021     CHF    7.620
DZ Bank AG Deutsche Zen       6.400 2/24/2021     EUR   67.010
UniCredit Bank AG            14.300 3/26/2021     EUR   71.000
UniCredit Bank AG            14.800 6/25/2021     EUR   72.010
UniCredit Bank AG            13.300 6/25/2021     EUR   73.710
UniCredit Bank AG            13.900 3/26/2021     EUR   73.380
Zurcher Kantonalbank Fi       6.000 5/27/2021     CHF   75.340
UniCredit Bank AG            12.200 6/25/2021     EUR   73.370
UniCredit Bank AG            13.800 3/26/2021     EUR   71.850
UniCredit Bank AG            12.200 6/25/2021     EUR   72.370
UniCredit Bank AG            18.300 3/26/2021     EUR   55.610
UniCredit Bank AG            17.600 6/25/2021     EUR   56.840
UniCredit Bank AG            12.900 3/26/2021     EUR   71.390
UniCredit Bank AG            14.200 3/26/2021     EUR   69.690
DZ Bank AG Deutsche Zen      10.800 2/26/2021     EUR   66.360
DZ Bank AG Deutsche Zen      13.100 3/26/2021     EUR   63.750
DZ Bank AG Deutsche Zen       7.000 6/25/2021     EUR   70.770
DZ Bank AG Deutsche Zen       9.000 6/25/2021     EUR   67.470
DZ Bank AG Deutsche Zen      11.300 6/25/2021     EUR   64.730
DZ Bank AG Deutsche Zen      10.700 2/26/2021     EUR   64.230
DZ Bank AG Deutsche Zen      13.400 3/26/2021     EUR   61.300
DZ Bank AG Deutsche Zen       7.000 6/25/2021     EUR   70.690
DZ Bank AG Deutsche Zen       9.300 6/25/2021     EUR   67.150
DZ Bank AG Deutsche Zen      11.700 6/25/2021     EUR   64.000
DZ Bank AG Deutsche Zen       8.000 2/26/2021     EUR   70.510
DZ Bank AG Deutsche Zen      10.200 6/25/2021     EUR   73.270
DZ Bank AG Deutsche Zen      11.800 3/26/2021     EUR   73.860
DZ Bank AG Deutsche Zen      10.700 2/26/2021     EUR   68.130
DZ Bank AG Deutsche Zen      13.400 2/26/2021     EUR   63.890
DZ Bank AG Deutsche Zen       7.400 6/25/2021     EUR   73.570
DZ Bank AG Deutsche Zen       9.200 6/25/2021     EUR   70.180
DZ Bank AG Deutsche Zen      11.200 6/25/2021     EUR   66.140
Credit Suisse AG/London       8.500 5/18/2021     EUR   60.760
Credit Suisse AG/London       7.500 8/13/2021     CHF   69.780
Zurcher Kantonalbank Fi       9.250 8/26/2021     CHF   52.980
Vontobel Financial Prod      12.000 3/26/2021     EUR   64.550
Raiffeisen Schweiz Geno       6.000 2/19/2021     EUR   61.000
UBS AG/London                11.000 2/19/2021     CHF   70.900
UBS AG/London                 7.000 2/21/2022     EUR   62.750
UBS AG/London                 5.500 8/19/2021     EUR   67.150
UBS AG/London                10.000 8/19/2021     CHF   69.700
UBS AG/London                 6.500 8/19/2021     CHF   66.800
UBS AG/London                12.000 8/19/2021     CHF   13.580
UBS AG/London                 5.750 8/20/2021     EUR   68.000
Zurcher Kantonalbank Fi       5.000 2/19/2021     EUR   70.410
Landesbank Hessen-Thuer       3.000 06/04/2021    EUR   71.400
Landesbank Hessen-Thuer       5.70011/24/2022     EUR   56.840
Landesbank Hessen-Thuer       4.000 06/04/2021    EUR   59.500
Landesbank Hessen-Thuer       4.000 2/17/2021     EUR   53.580
Landesbank Hessen-Thuer       4.000 2/17/2021     EUR   38.710
UniCredit Bank AG             3.850 2/14/2021     EUR   51.060
Landesbank Hessen-Thuer       6.700 5/17/2022     EUR   56.910
Landesbank Hessen-Thuer       6.600 2/17/2023     EUR   54.240
Landesbank Hessen-Thuer       4.350 2/24/2023     EUR   48.280
Landesbank Hessen-Thuer       5.300 9/23/2022     EUR   45.490
Raiffeisen Schweiz Geno       4.00012/15/2021     CHF   67.690
Landesbank Hessen-Thuer       5.150 6/14/2022     EUR   62.450
Landesbank Baden-Wuertt       2.300 7/23/2021     EUR   66.930
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   60.030
Landesbank Baden-Wuertt       2.200 7/23/2021     EUR   68.900
Skandinaviska Enskilda        9.020 7/17/2023     SEK   58.540
Credit Suisse AG/Nassau       7.000 6/22/2021     CHF   53.070
Vontobel Financial Prod       4.200 07/06/2021    EUR   67.320
SecurAsset SA                 5.250 6/30/2022     EUR   48.700
Raiffeisen Schweiz Geno       4.00012/22/2021     CHF   67.680
SG Issuer SA                  4.000 6/22/2026     EUR   45.450
Landesbank Baden-Wuertt       3.000 9/23/2022     EUR   60.690
Landesbank Baden-Wuertt       2.650 9/23/2022     EUR   67.020
Landesbank Hessen-Thuer       2.500 6/21/2021     EUR   68.500
Landesbank Hessen-Thuer       6.70010/13/2023     EUR   60.410
EFG International Finan      11.400 6/28/2021     USD   50.210
UBS AG/London                 6.250 6/21/2021     CHF   53.800
SG Issuer SA                 11.170 7/20/2025     SEK   50.350
Raiffeisen Schweiz Geno       5.00012/29/2021     CHF   67.670
Raiffeisen Schweiz Geno       4.10012/29/2021     CHF   67.400
Credit Suisse AG/Nassau       7.200 07/05/2021    CHF   56.940
UniCredit Bank AG             4.300 7/26/2022     EUR   60.230
UniCredit Bank AG             4.200 7/26/2022     EUR   38.370
UniCredit Bank AG             4.450 7/23/2022     EUR   59.700
UniCredit Bank AG             4.150 7/26/2022     EUR   55.120
UniCredit Bank AG             3.650 7/23/2022     EUR   62.130
UniCredit Bank AG             6.400 7/23/2021     EUR   74.860
Bayerische Landesbank         2.000 1/28/2022     EUR   64.820
Landesbank Baden-Wuertt       2.700 6/25/2021     EUR   59.470
Landesbank Baden-Wuertt       2.500 6/24/2022     EUR   61.960
EFG International Finan       7.00010/25/2021     EUR   70.540
Landesbank Hessen-Thuer       5.200 9/30/2022     EUR   46.500
Societe Generale SA           8.000 5/28/2027     USD   35.300
Landesbank Hessen-Thuer       5.500 5/25/2023     EUR   35.260
Leonteq Securities AG/G       5.000 08/02/2021    USD   67.380
UniCredit Bank AG             5.700 5/14/2021     EUR   47.880
Landesbank Hessen-Thuer       4.000 8/18/2021     EUR   44.320
UniCredit Bank AG             3.600 8/23/2021     EUR   42.210
Landesbank Hessen-Thuer       5.00011/25/2022     EUR   56.170
Raiffeisen Switzerland       10.500 07/11/2024    USD   18.660
Landesbank Hessen-Thuer       6.150 8/25/2022     EUR   57.620
DekaBank Deutsche Giroz       4.250 05/03/2022    EUR   63.910
UniCredit Bank AG             4.000 2/28/2022     EUR   62.000
SG Issuer SA                  5.600 01/10/2023    EUR
UniCredit Bank AG             4.25011/21/2021     EUR   38.890
UniCredit Bank AG             4.20011/21/2021     EUR   64.230
Raiffeisen Switzerland        4.440 4/19/2021     EUR   59.600
Landesbank Hessen-Thuer       4.00011/24/2021     EUR   61.280
Landesbank Hessen-Thuer       4.700 2/24/2023     EUR   54.310
Landesbank Hessen-Thuer       5.000 02/10/2023    EUR   67.690
Raiffeisen Schweiz Geno       4.70010/20/2021     CHF   59.810
Landesbank Baden-Wuertt       4.00010/22/2021     EUR   47.210
Landesbank Baden-Wuertt       3.25010/22/2021     EUR   71.030
EFG International Finan       5.600 4/26/2021     CHF   57.930
Landesbank Hessen-Thuer       4.000 6/16/2022     EUR   54.810
UBS AG/London                11.000 3/15/2021     EUR   45.250
UBS AG/London                 7.000 3/15/2021     EUR   53.000
Landesbank Baden-Wuertt       3.750 3/26/2021     EUR   45.380
Bayerische Landesbank         2.250 7/23/2021     EUR   56.040
Leonteq Securities AG/G       5.600 8/24/2021     CHF   51.230
DekaBank Deutsche Giroz       2.500 09/10/2021    EUR   72.770
EFG International Finan       6.500 8/30/2021     CHF   64.850
Zurcher Kantonalbank Fi       8.500 8/24/2021     CHF   64.580
Raiffeisen Schweiz Geno       5.250 8/24/2021     CHF   63.210
Landesbank Hessen-Thuer       5.800 9/24/2024     EUR   56.810
UniCredit Bank AG             8.40012/24/2021     EUR   70.280
UniCredit Bank AG             7.70012/24/2021     EUR   71.660
UniCredit Bank AG             9.200 6/25/2021     EUR   69.650
UniCredit Bank AG            12.100 6/25/2021     EUR   63.610
Zurcher Kantonalbank Fi       5.000 7/23/2021     EUR   68.050
UBS AG/London                14.250 7/19/2021     USD   59.730
Raiffeisen Schweiz Geno       5.250 07/05/2021    CHF   71.470
Raiffeisen Schweiz Geno       4.500 07/05/2021    CHF   63.800
Zurcher Kantonalbank Fi       5.750 7/16/2021     CHF   72.250
Landesbank Hessen-Thuer       4.000 08/09/2023    EUR   58.740
UniCredit Bank AG             7.800 6/25/2021     EUR   67.420
UniCredit Bank AG            10.700 6/25/2021     EUR   54.500
UniCredit Bank AG            10.100 6/25/2021     EUR   59.880
UniCredit Bank AG             9.700 6/25/2021     EUR   70.800
UniCredit Bank AG            10.900 6/25/2021     EUR   68.810
UniCredit Bank AG            11.300 6/25/2021     EUR   74.780
UniCredit Bank AG            12.500 6/25/2021     EUR   71.920
UniCredit Bank AG            11.100 6/25/2021     EUR   69.670
UniCredit Bank AG             6.400 6/25/2021     EUR   70.820
UniCredit Bank AG             9.300 6/25/2021     EUR   64.520
UniCredit Bank AG             6.500 6/25/2021     EUR   66.360
UniCredit Bank AG             7.500 6/25/2021     EUR   62.800
UniCredit Bank AG            11.800 6/25/2021     EUR   52.360
UniCredit Bank AG             8.500 6/25/2021     EUR   59.660
UniCredit Bank AG             9.600 6/25/2021     EUR   56.920
Skandinaviska Enskilda        7.800 7/15/2024     SEK   70.940
Skandinaviska Enskilda        6.500 7/15/2024     SEK   71.800
UniCredit Bank AG             8.10012/24/2021     EUR   67.680
UniCredit Bank AG             5.80012/24/2021     EUR   72.700
UniCredit Bank AG             5.50012/24/2021     EUR   70.650
UniCredit Bank AG            10.60012/24/2021     EUR   67.190
UniCredit Bank AG             9.40012/24/2021     EUR   71.750
UniCredit Bank AG            10.20012/24/2021     EUR   55.720
UniCredit Bank AG             8.50012/24/2021     EUR   59.160
UniCredit Bank AG             6.90012/24/2021     EUR   69.990
UniCredit Bank AG             7.70012/24/2021     EUR   61.320
UniCredit Bank AG             6.80012/24/2021     EUR   63.710
UniCredit Bank AG             6.00012/24/2021     EUR   66.520
UBS AG/London                 6.500 07/12/2021    EUR   52.700
EFG International Finan       7.000 07/11/2022    CHF   73.170
Landesbank Hessen-Thuer       5.200 08/09/2024    EUR   69.370
Landesbank Hessen-Thuer       3.350 5/19/2021     EUR   61.400
Societe Generale Effekt      24.419 6/25/2021     EUR   71.840
Leonteq Securities AG/G       8.600 07/12/2021    EUR   52.210
Raiffeisen Schweiz Geno       7.100 07/12/2021    EUR   72.770
UniCredit Bank AG             5.40012/24/2021     EUR   58.290
Landesbank Baden-Wuertt       2.55012/27/2021     EUR   56.820
Landesbank Baden-Wuertt       2.50012/27/2021     EUR   49.990
Landesbank Hessen-Thuer       4.000 11/10/2021    EUR   37.610
Landesbank Hessen-Thuer       5.100 2/17/2023     EUR   51.240
Raiffeisen Schweiz Geno       8.800 03/01/2021    EUR   44.770
Landesbank Baden-Wuertt       3.700 9/24/2021     EUR   60.590
Landesbank Baden-Wuertt       3.000 3/26/2021     EUR   55.760
Landesbank Baden-Wuertt       5.500 3/26/2021     EUR   46.510
Landesbank Baden-Wuertt       2.500 3/26/2021     EUR   71.500
Landesbank Baden-Wuertt       2.500 3/26/2021     EUR   69.690
UniCredit Bank AG            10.20012/24/2021     EUR   66.140
UniCredit Bank AG             6.60012/24/2021     EUR   65.890
UniCredit Bank AG            10.000 6/25/2021     EUR   67.460
UniCredit Bank AG             9.100 6/25/2021     EUR   69.340
UniCredit Bank AG            10.100 6/25/2021     EUR   58.160
UniCredit Bank AG             5.400 6/25/2021     EUR   71.050
Zurcher Kantonalbank Fi       7.250 7/23/2021     USD   70.920
Zurcher Kantonalbank Fi       7.500 7/23/2021     CHF   70.930
Credit Suisse AG/London       4.500 07/12/2021    EUR   59.490
UBS AG/London                 7.000 7/19/2021     CHF   53.000
Raiffeisen Switzerland        4.000 8/30/2022     CHF   46.360
Landesbank Baden-Wuertt       3.000 9/23/2022     EUR   55.890
Landesbank Baden-Wuertt       2.500 9/23/2022     EUR   68.920
Societe Generale Effekt       5.600 09/04/2023    EUR   44.550
Landesbank Hessen-Thuer       3.350 9/21/2022     EUR   60.280
UniCredit Bank AG             3.750 9/14/2022     EUR   68.640
SG Issuer SA                  3.000 09/02/2021    EUR   41.400
DekaBank Deutsche Giroz       1.000 11/02/2021    EUR   56.300
SG Issuer SA                  9.000 7/20/2023     SEK   72.670
UniCredit Bank AG             5.000 5/14/2021     EUR   61.340
Leonteq Securities AG         7.200 02/02/2021    EUR   56.900
Landesbank Hessen-Thuer       8.200 06/09/2022    EUR   70.490
Rosseti South PJSC            9.240 07/01/2022    RUB   70.020
Societe Generale SA           9.000 7/22/2022     USD   41.900
Societe Generale Effekt       3.000 7/22/2022     USD    9.450
UniCredit Bank AG             4.30010/18/2021     EUR   44.950
Landesbank Hessen-Thuer       5.70010/27/2022     EUR   60.190
UniCredit Bank AG             3.80010/24/2021     EUR   64.780
UniCredit Bank AG             4.05010/24/2021     EUR   50.760
Landesbank Hessen-Thuer       3.000 08/06/2021    EUR   36.900
UniCredit Bank AG             3.90010/24/2021     EUR   40.060
EFG International Finan       6.200 8/16/2021     CHF   71.220
UniCredit Bank AG             3.200 09/10/2022    EUR   57.090
Leonteq Securities AG         6.200 2/17/2021     CHF   59.950
Landesbank Hessen-Thuer       5.750 04/07/2022    EUR   70.570
UBS AG/London                 6.500 02/08/2021    EUR   62.900
Leonteq Securities AG         6.000 8/17/2021     CHF   41.490
Leonteq Securities AG         5.000 2/17/2021     CHF   56.070
UniCredit Bank AG             9.10012/24/2021     EUR   68.200
UniCredit Bank AG             6.90012/24/2021     EUR   73.010
UniCredit Bank AG             7.50012/24/2021     EUR   63.520
UniCredit Bank AG             7.90012/24/2021     EUR   73.110
UniCredit Bank AG             8.00012/24/2021     EUR   70.490
UniCredit Bank AG             7.300 6/25/2021     EUR   73.540
UniCredit Bank AG             8.200 6/25/2021     EUR   71.370
UniCredit Bank AG             6.000 6/25/2021     EUR   55.880
UniCredit Bank AG             4.700 6/25/2021     EUR   59.730
UniCredit Bank AG             7.500 6/25/2021     EUR   52.680
UniCredit Bank AG            11.400 6/25/2021     EUR   73.450
UniCredit Bank AG             7.600 6/25/2021     EUR   63.750
UniCredit Bank AG             8.90012/24/2021     EUR   51.660
UniCredit Bank AG             4.40012/24/2021     EUR   61.660
UniCredit Bank AG             7.900 6/25/2021     EUR   73.250
UniCredit Bank AG            10.700 6/25/2021     EUR   66.480
UniCredit Bank AG             7.00012/24/2021     EUR   73.200
UniCredit Bank AG             4.35011/21/2021     EUR   48.450
Leonteq Securities AG/G       7.20010/27/2021     CHF   66.440
Landesbank Hessen-Thuer       6.450 2/24/2023     EUR   62.520
Leonteq Securities AG/G       3.600 03/01/2021    EUR   57.800
Landesbank Baden-Wuertt       4.500 3/26/2021     EUR   50.480
Landesbank Baden-Wuertt       5.000 3/26/2021     EUR   48.590
Landesbank Baden-Wuertt       4.500 3/26/2021     EUR   69.510
Landesbank Baden-Wuertt       3.000 3/26/2021     EUR   55.490
Landesbank Baden-Wuertt       3.500 3/26/2021     EUR   68.040
Landesbank Baden-Wuertt       3.500 3/26/2021     EUR   65.630
Landesbank Baden-Wuertt       6.000 3/26/2021     EUR   47.250
Landesbank Baden-Wuertt       3.500 3/26/2021     EUR   67.110
Landesbank Baden-Wuertt       3.000 3/26/2021     EUR   55.920
Landesbank Baden-Wuertt       2.500 3/26/2021     EUR   56.120
Landesbank Baden-Wuertt       4.500 3/26/2021     EUR   62.040
Landesbank Hessen-Thuer       2.000 3/29/2022     EUR   47.150
Landesbank Hessen-Thuer       5.45011/17/2022     EUR   66.740
UniCredit Bank AG             3.800 8/30/2023     EUR   48.550
Landesbank Hessen-Thuer       6.000 9/21/2023     EUR   55.540
DekaBank Deutsche Giroz       2.300 9/24/2021     EUR   54.180
Landesbank Hessen-Thuer       4.000 04/12/2023    EUR   61.990
Leonteq Securities AG/G       7.500 03/11/2021    CHF   63.290
UniCredit Bank AG             4.200 9/21/2022     EUR   52.110
Corner Banca SA               6.500 2/24/2021     CHF   71.390
DekaBank Deutsche Giroz       7.700 3/26/2021     EUR   67.170
UBS AG/London                 8.000 03/01/2021    USD   53.380
BNP Paribas Emissions-       12.000 3/25/2021     EUR    2.260
Corner Banca SA               6.400 09/07/2021    CHF   65.600
Landesbank Hessen-Thuer       5.000 9/21/2023     EUR   64.310
DekaBank Deutsche Giroz       3.400 3/26/2021     EUR   65.720
Landesbank Hessen-Thuer       5.700 6/16/2022     EUR   60.110
Landesbank Hessen-Thuer       4.000 3/23/2022     EUR   50.370
Leonteq Securities AG/G       3.750 2/20/2023     CHF   43.910
EFG International Finan       6.400 03/08/2021    EUR   55.670
EFG International Finan       6.000 8/13/2021     CHF   62.470
Leonteq Securities AG/G       6.200 02/10/2021    CHF   44.430
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   64.640
SG Issuer SA                  7.740 7/20/2025     SEK   62.780
Leonteq Securities AG/G       7.000 04/09/2021    EUR   59.650
Societe Generale Effekt       3.750 5/24/2021     EUR   41.280
SG Issuer SA                  8.700 1/20/2025     SEK   55.720
Landesbank Hessen-Thuer       6.500 05/11/2023    EUR   64.900
Landesbank Hessen-Thuer       3.500 05/11/2022    EUR   60.180
Landesbank Hessen-Thuer       4.000 05/11/2022    EUR   55.780
Societe Generale SA           3.900 3/23/2022     USD    2.920
Landesbank Baden-Wuertt       2.75011/26/2021     EUR   59.850
Landesbank Baden-Wuertt       3.40011/26/2021     EUR   71.890
Corner Banca SA              19.000 03/09/2021    CHF    5.040
Leonteq Securities AG        15.000 03/09/2021    CHF    9.590
Leonteq Securities AG/G      17.000 03/09/2021    USD   11.150
DZ Bank AG Deutsche Zen      10.250 6/21/2021     EUR    5.110
Leonteq Securities AG/G      11.000 03/10/2021    EUR    1.640
UBS AG/London                 9.500 9/13/2021     CHF   73.900
Landesbank Baden-Wuertt       2.700 3/26/2021     EUR   52.070
Landesbank Baden-Wuertt       4.500 3/26/2021     EUR   49.000
Landesbank Baden-Wuertt       6.500 3/26/2021     EUR   73.460
Landesbank Hessen-Thuer       4.000 3/17/2021     EUR   54.810
Landesbank Baden-Wuertt       3.500 8/27/2021     EUR   54.460
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   63.810
Landesbank Baden-Wuertt       2.150 8/27/2021     EUR   66.780
DekaBank Deutsche Giroz       8.150 2/26/2021     EUR   62.800
Landesbank Hessen-Thuer       6.000 03/10/2023    EUR   59.450
EFG International Finan       6.400 08/09/2021    CHF   61.010
Landesbank Baden-Wuertt       2.000 2/25/2022     EUR   73.210
Danske Bank A/S               5.300 7/15/2023     SEK   45.660
Erste Group Bank AG           4.75012/20/2021     EUR   64.150
SG Issuer SA                  9.180 1/20/2025     SEK   57.110
DekaBank Deutsche Giroz       3.150 03/05/2021    EUR   37.480
Leonteq Securities AG/G       2.300 02/08/2023    CHF   42.330
UniCredit Bank AG             4.500 1/18/2022     EUR   45.650
UniCredit Bank AG             3.500 2/13/2023     EUR   45.790
Landesbank Baden-Wuertt       3.000 2/26/2021     EUR   49.290
Landesbank Baden-Wuertt       3.800 2/26/2021     EUR   45.920
Landesbank Baden-Wuertt       2.300 2/25/2022     EUR   62.850
Landesbank Baden-Wuertt       3.000 2/25/2022     EUR   72.860
UniCredit Bank AG             3.80012/29/2022     EUR   60.940
Landesbank Hessen-Thuer       4.000 01/05/2022    EUR   36.930
Landesbank Hessen-Thuer       5.900 03/09/2023    EUR   62.690
Landesbank Baden-Wuertt       2.800 4/25/2022     EUR   63.650
Leonteq Securities AG/G       7.000 02/12/2021    CHF   65.780
Landesbank Hessen-Thuer       1.830 3/15/2021     EUR   59.810
UniCredit Bank AG             6.400 03/05/2021    EUR   38.760
UniCredit Bank AG             5.100 03/05/2021    EUR   49.120
UniCredit Bank AG             4.650 03/05/2021    EUR   37.060
Landesbank Hessen-Thuer       7.600 03/09/2023    EUR   59.190
Landesbank Hessen-Thuer       5.550 3/16/2023     EUR   55.310
Landesbank Hessen-Thuer       8.900 3/16/2023     EUR   63.270
UniCredit Bank AG             5.600 4/16/2021     EUR   50.620
UniCredit Bank AG             3.750 4/19/2022     EUR   68.260
UniCredit Bank AG             3.80010/24/2021     EUR   64.150
Landesbank Hessen-Thuer       3.500 01/05/2022    EUR   54.430
Landesbank Hessen-Thuer       3.500 01/05/2022    EUR   57.090
Landesbank Hessen-Thuer       5.400 04/05/2023    EUR   44.460
DekaBank Deutsche Giroz       2.050 05/03/2021    EUR   59.570
Landesbank Baden-Wuertt       2.800 6/25/2021     EUR   64.230
Nordea Bank Abp               4.100 7/20/2023     SEK   51.500
Landesbank Hessen-Thuer       6.400 03/09/2023    EUR   57.850
EFG International Finan       7.000 2/21/2022     CHF   70.760
EFG International Finan       7.200 2/22/2021     CHF   16.820
Raiffeisen Switzerland        7.000 8/19/2021     EUR   71.560
EFG International Finan       8.620 8/24/2022     CHF   73.640
Raiffeisen Schweiz Geno       4.600 2/20/2023     CHF   70.520
Bank Julius Baer & Co L       8.100 2/23/2021     EUR   66.050
EFG International Finan       8.160 2/26/2025     EUR   72.180
Zurcher Kantonalbank Fi      24.500 6/22/2021     EUR   12.250
EFG International Finan      27.000 6/24/2021     EUR   13.590
DZ Bank AG Deutsche Zen       5.750 9/22/2021     EUR   73.670
UBS AG/London                 9.350 12/07/2022    USD    9.950
Vontobel Financial Prod      25.000 3/26/2021     EUR
Vontobel Financial Prod      18.500 6/25/2021     EUR
Vontobel Financial Prod      10.700 3/26/2021     EUR
Vontobel Financial Prod       8.050 3/26/2021     EUR
Leonteq Securities AG/G       5.880 6/16/2021     EUR   57.640
Leonteq Securities AG/G       3.380 6/16/2021     USD   44.360
UniCredit Bank AG             4.500 03/12/2022    EUR   46.440
DekaBank Deutsche Giroz       3.900 4/25/2022     EUR   44.710
EFG International Finan       7.400 03/08/2021    CHF   67.840
UniCredit Bank AG             6.30010/16/2021     EUR   41.160
HSBC Trinkaus & Burkhar       5.000 10/07/2021    EUR   73.720
Goldman Sachs & Co Wert      13.000 3/24/2021     EUR   70.180
Landesbank Hessen-Thuer       5.750 08/03/2023    EUR   52.590
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   59.090
DekaBank Deutsche Giroz       2.550 7/30/2021     EUR   54.290
Leonteq Securities AG/G       6.200 7/27/2021     CHF   56.570
UniCredit Bank AG             3.500 8/24/2022     EUR   66.570
UniCredit Bank AG             4.100 8/24/2022     EUR   65.240
UniCredit Bank AG             5.350 8/24/2021     EUR   46.680
UniCredit Bank AG             4.200 8/24/2022     EUR   63.730
Leonteq Securities AG/G      26.000 5/28/2021     CHF   13.530
BNP Paribas Emissions-       10.000 3/25/2021     EUR    1.940
BNP Paribas Emissions-        9.000 6/24/2021     EUR   73.660
BNP Paribas Emissions-        5.500 3/25/2021     EUR   74.890
BNP Paribas Emissions-        8.000 3/25/2021     EUR   65.930
BNP Paribas Emissions-        7.500 6/24/2021     EUR   68.690
BNP Paribas Emissions-        9.000 6/24/2021     EUR   66.700
BNP Paribas Emissions-        8.500 6/24/2021     EUR   72.580
BNP Paribas Emissions-       11.000 3/25/2021     EUR   71.730
BNP Paribas Emissions-        8.500 3/25/2021     EUR   72.450
BNP Paribas Emissions-       17.000 6/24/2021     EUR
BNP Paribas Emissions-        6.000 3/25/2021     EUR   73.970
BNP Paribas Emissions-        8.500 3/25/2021     EUR   71.120
BNP Paribas Emissions-        8.000 3/25/2021     EUR   69.990
BNP Paribas Emissions-       10.000 3/25/2021     EUR   68.560
BNP Paribas Emissions-        7.500 6/24/2021     EUR   72.170
BNP Paribas Emissions-        8.500 6/24/2021     EUR   72.580
BNP Paribas Emissions-       12.000 3/25/2021     EUR   65.770
BNP Paribas Emissions-       10.000 6/24/2021     EUR   69.900
BNP Paribas Emissions-       15.000 3/25/2021     EUR   66.930
BNP Paribas Emissions-       10.000 6/24/2021     EUR   72.310
BNP Paribas Emissions-        9.500 6/24/2021     EUR   71.250
BNP Paribas Emissions-       11.000 6/24/2021     EUR   70.190
BNP Paribas Emissions-       12.000 6/24/2021     EUR   69.000
BNP Paribas Emissions-       13.000 6/24/2021     EUR   67.880
Landesbank Baden-Wuertt       3.00012/23/2022     EUR   59.610
DekaBank Deutsche Giroz       2.50010/24/2023     EUR   62.170
SG Issuer SA                  8.120 7/20/2023     SEK   66.980
UniCredit Bank AG             4.500 10/05/2022    EUR   67.660
UniCredit Bank AG             3.600 10/05/2022    EUR   68.920
UniCredit Bank AG             3.850 10/05/2023    EUR   73.910
Leonteq Securities AG        22.300 6/15/2021     EUR   11.820
Vontobel Financial Prod       8.000 3/26/2021     EUR   73.580
Vontobel Financial Prod       4.000 06/09/2021    EUR   72.950
Landesbank Baden-Wuertt       4.750 8/27/2021     EUR   69.190
Landesbank Baden-Wuertt       6.250 8/27/2021     EUR   65.420
Landesbank Baden-Wuertt       3.750 8/27/2021     EUR   73.420
Landesbank Baden-Wuertt       6.500 8/27/2021     EUR   72.000
Landesbank Baden-Wuertt       8.000 8/27/2021     EUR   68.990
Landesbank Baden-Wuertt       2.750 8/27/2021     EUR   64.240
Landesbank Baden-Wuertt       4.000 8/27/2021     EUR   58.720
Landesbank Baden-Wuertt       5.000 8/27/2021     EUR   56.060
Landesbank Baden-Wuertt       5.750 8/27/2021     EUR   53.620
Landesbank Baden-Wuertt       3.500 8/27/2021     EUR   59.880
Landesbank Baden-Wuertt       6.250 8/27/2021     EUR   73.410
Landesbank Baden-Wuertt       5.250 8/27/2021     EUR   71.250
Landesbank Baden-Wuertt       4.000 8/27/2021     EUR   73.120
Landesbank Baden-Wuertt       5.000 8/27/2021     EUR   69.530
Landesbank Baden-Wuertt       4.750 8/27/2021     EUR   71.560
Landesbank Baden-Wuertt       2.500 8/27/2021     EUR   70.580
Landesbank Baden-Wuertt       3.750 8/27/2021     EUR   66.100
Landesbank Baden-Wuertt       4.500 8/27/2021     EUR   64.190
Landesbank Baden-Wuertt       2.750 8/27/2021     EUR   57.080
Landesbank Baden-Wuertt       3.500 8/27/2021     EUR   55.410
Landesbank Baden-Wuertt       5.000 8/27/2021     EUR   52.500
UBS AG/London                 6.750 07/05/2021    CHF   52.050
Banque Cantonale Vaudoi       6.800 6/28/2021     CHF   52.240
EFG International Finan       8.200 07/04/2022    CHF   72.590
Zurcher Kantonalbank Fi       6.000 07/12/2021    CHF   73.170
Leonteq Securities AG         8.600 07/05/2021    CHF   72.610
Landesbank Hessen-Thuer       4.00012/21/2022     EUR   65.650
TransKomplektHolding OO       9.500 11/02/2028    RUB   70.000
Landesbank Baden-Wuertt       3.400 1/27/2023     EUR   63.000
SG Issuer SA                  5.000 5/23/2024     EUR   61.640
SG Issuer SA                  5.000 04/02/2024    EUR   60.760
UniCredit Bank AG             5.150 01/02/2023    EUR   62.810
Landesbank Baden-Wuertt       4.00012/27/2021     EUR   58.990
DekaBank Deutsche Giroz       2.150 1/21/2022     EUR   69.810
SG Issuer SA                  2.98012/28/2021     USD   59.800
DekaBank Deutsche Giroz       6.000 06/11/2021    EUR   47.930
UBS AG/London                 6.500 6/28/2021     EUR   52.850
Raiffeisen Schweiz Geno       6.700 3/15/2021     EUR   58.320
Societe Generale Effekt      12.250 2/26/2021     EUR   74.090
Citigroup Global Market      12.900 07/01/2021    EUR    4.640
Corner Banca SA              14.200 8/24/2021     USD   10.060
Landesbank Baden-Wuertt       4.500 2/26/2021     EUR   67.430
Landesbank Baden-Wuertt       3.500 2/26/2021     EUR   69.330
Landesbank Baden-Wuertt       4.250 2/26/2021     EUR   62.820
Landesbank Baden-Wuertt       6.500 2/26/2021     EUR   67.610
Credit Suisse AG/London       7.000 8/25/2021     EUR   67.650
DZ Bank AG Deutsche Zen       7.000 3/26/2021     EUR   73.920
DZ Bank AG Deutsche Zen      10.700 3/26/2021     EUR   69.980
DZ Bank AG Deutsche Zen       7.750 3/24/2021     EUR   70.120
DZ Bank AG Deutsche Zen       3.900 3/26/2021     EUR   74.390
DZ Bank AG Deutsche Zen       7.200 3/26/2021     EUR   69.640
DZ Bank AG Deutsche Zen       8.800 3/26/2021     EUR   71.120
DZ Bank AG Deutsche Zen      12.800 3/26/2021     EUR   69.900
DZ Bank AG Deutsche Zen       6.500 3/22/2021     EUR   72.230
DZ Bank AG Deutsche Zen       5.700 3/22/2021     EUR   73.670
DZ Bank AG Deutsche Zen       7.300 3/22/2021     EUR   70.730
DZ Bank AG Deutsche Zen       3.300 6/21/2021     EUR   73.350
DZ Bank AG Deutsche Zen       4.300 6/21/2021     EUR   71.430
DZ Bank AG Deutsche Zen       3.800 3/22/2021     EUR   73.430
UBS AG/London                12.750 2/26/2021     CHF   68.000
UBS AG/London                12.000 2/26/2021     EUR   67.200
Leonteq Securities AG         7.200 9/22/2021     CHF   54.130
Leonteq Securities AG         7.000 9/22/2021     CHF   70.690
Finca Uco Cjsc                6.000 2/25/2022     USD   25.610
Leonteq Securities AG/G       6.000 06/08/2021    USD   42.030
Leonteq Securities AG/G       5.800 3/29/2021     CHF   52.690
Societe Generale SA          21.000 4/27/2022     USD   52.750
Citigroup Global Market       8.200 3/21/2024     SEK   64.860
Vontobel Financial Prod      19.500 3/26/2021     EUR   72.370
Vontobel Financial Prod      18.000 6/25/2021     EUR   73.000
Landesbank Hessen-Thuer       3.000 05/03/2022    EUR   54.600
Bank Julius Baer & Co L       9.000 2/23/2021     EUR   72.100
Landesbank Baden-Wuertt       3.000 2/26/2021     EUR   72.680
Landesbank Baden-Wuertt       3.800 3/26/2021     EUR   73.070
Landesbank Baden-Wuertt       2.500 2/26/2021     EUR   40.410
Landesbank Baden-Wuertt       4.300 2/26/2021     EUR   59.730
EFG International Finan       4.700 2/24/2023     USD   69.800
Credit Suisse AG/London       6.000 8/22/2022     CHF   66.930
Leonteq Securities AG/G       4.000 2/21/2022     EUR   68.110
Raiffeisen Schweiz Geno      10.170 2/24/2021     CHF    2.350
DZ Bank AG Deutsche Zen       7.200 3/24/2021     EUR   69.900
DZ Bank AG Deutsche Zen       4.200 3/24/2021     EUR   73.980
SG Issuer SA                  1.750 2/22/2021     EUR   59.650
Skandinaviska Enskilda        6.800 1/15/2024     SEK   70.510
Vontobel Financial Prod       5.000 4/13/2021     EUR   53.910
EFG International Finan       7.000 3/21/2022     CHF   72.710
Vontobel Financial Prod      11.500 9/24/2021     EUR   72.550
Landesbank Hessen-Thuer       5.250 5/15/2025     EUR   68.760
Landesbank Hessen-Thuer       6.100 4/26/2024     EUR   69.820
Zurcher Kantonalbank Fi       8.000 04/09/2021    EUR   53.060
Landesbank Hessen-Thuer       6.300 8/31/2023     EUR   69.220
Norddeutsche Landesbank       2.500 3/15/2021     EUR   51.250
Landesbank Baden-Wuertt       2.600 9/23/2022     EUR   69.130
Araratbank OJSC               5.250 09/11/2022    USD   24.710
Landesbank Hessen-Thuer       4.000 8/31/2022     EUR   50.000
Landesbank Hessen-Thuer       6.200 6/17/2022     EUR   52.850
Leonteq Securities AG/G       4.000 08/10/2022    CHF   60.880
DekaBank Deutsche Giroz       5.500 2/26/2021     EUR   42.830
BNP Paribas Emissions-       16.000 3/25/2021     EUR    2.950
SG Issuer SA                  0.263 4/16/2025     EUR   28.420
UBS AG/London                 6.500 08/02/2021    CHF   65.250
EFG International Finan      11.000 02/02/2021    EUR   69.980
EFG International Finan       6.200 08/05/2022    EUR   67.430
EFG International Finan      11.500 08/02/2021    USD   55.970
Leonteq Securities AG         8.000 08/05/2021    CHF   59.570
SG Issuer SA                  9.500 07/12/2021    EUR   62.370
Raiffeisen Centrobank A       6.750 09/07/2021    EUR   73.250
BNP Paribas Issuance BV      18.000 8/13/2029     EUR   69.970
EFG International Finan       9.000 08/09/2021    USD   70.930
EFG International Finan       9.800 08/09/2021    USD   74.230
Bayerische Landesbank         3.000 03/12/2021    EUR   50.320
UniCredit Bank AG             8.200 6/25/2021     EUR   62.500
UniCredit Bank AG             9.00012/27/2021     EUR   62.330
UniCredit Bank AG             6.00012/27/2021     EUR   70.050
Landesbank Hessen-Thuer       4.000 3/15/2023     EUR   73.560
DZ Bank AG Deutsche Zen       5.550 3/24/2021     EUR   51.240
DZ Bank AG Deutsche Zen       6.500 3/24/2021     EUR   48.280
UniCredit Bank AG             4.200 03/01/2023    EUR   66.520
SG Issuer SA                 10.58012/27/2022     EUR   72.590
Skandinaviska Enskilda        5.850 1/17/2022     SEK   74.100
Societe Generale SA           8.000 03/02/2021    USD   64.830
Landesbank Baden-Wuertt       4.700 3/25/2022     EUR   50.060
Landesbank Baden-Wuertt       3.300 3/25/2022     EUR   56.630
Corner Banca SA               6.000 2/15/2021     CHF   54.850
Leonteq Securities AG/G       7.800 2/16/2021     USD    1.910
Raiffeisen Switzerland        8.250 2/15/2021     CHF    5.560
Leonteq Securities AG/G       4.900 2/16/2021     CHF    1.190
DekaBank Deutsche Giroz       2.750 3/18/2022     EUR   72.350
DekaBank Deutsche Giroz       2.700 3/19/2021     EUR   55.700
Leonteq Securities AG/G       5.850 2/22/2021     USD   60.170
EFG International Finan      10.000 2/25/2021     USD   66.350
UniCredit Bank AG             5.450 3/15/2022     EUR   52.060
Bayerische Landesbank         2.500 04/01/2021    EUR   55.440
Raiffeisen Schweiz Geno       5.750 2/25/2021     CHF   69.700
UniCredit Bank AG             4.400 3/26/2021     EUR   39.120
UniCredit Bank AG             3.250 3/29/2022     EUR   19.880
UniCredit Bank AG             3.750 3/26/2022     EUR   63.190
DekaBank Deutsche Giroz       4.250 4/14/2022     EUR   43.100
Societe Generale Effekt       6.100 04/03/2023    EUR   52.030
DekaBank Deutsche Giroz       2.300 4/16/2021     EUR   54.490
Credit Suisse AG/London       9.600 1/25/2021     EUR   68.820
EFG International Finan       7.200 7/25/2022     CHF   70.320
UBS AG/London                 7.000 7/26/2021     EUR   57.450
UBS AG/London                13.750 7/26/2021     USD   69.750
EFG International Finan      10.000 7/26/2021     EUR   61.550
Nordea Bank Abp               6.063 7/20/2024     SEK   71.350
DekaBank Deutsche Giroz       3.400 09/04/2023    EUR   64.770
Raiffeisen Switzerland        5.500 7/26/2021     EUR   54.200
EFG International Finan      11.500 08/02/2021    USD   58.400
Leonteq Securities AG/G      10.600 7/26/2021     USD   61.520
Raiffeisen Schweiz Geno       7.000 7/26/2021     AUD   67.630
Zurcher Kantonalbank Fi       9.000 7/30/2021     EUR   62.210
Leonteq Securities AG/G      11.400 9/20/2021     CHF    8.760
Leonteq Securities AG         3.800 2/15/2021     CHF   21.650
EFG International Finan       7.000 2/15/2021     CHF   53.450
Raiffeisen Schweiz Geno       5.250 02/09/2021    CHF   43.420
Landesbank Hessen-Thuer       3.500 03/09/2022    EUR   53.150
getBACK SA                    4.210 4/30/2021     PLN
SG Issuer SA                  4.000 08/02/2021    EUR   66.960
Landesbank Baden-Wuertt       2.750 3/25/2022     EUR   61.040
Landesbank Baden-Wuertt       2.500 3/25/2022     EUR   69.240
Leonteq Securities AG/G       4.200 06/01/2021    CHF   26.660
Landesbank Baden-Wuertt       3.100 2/25/2022     EUR   52.450
Landesbank Hessen-Thuer       4.00012/22/2021     EUR   63.000
Raiffeisen Switzerland        4.80011/23/2023     CHF   42.130
Landesbank Hessen-Thuer       6.25012/22/2022     EUR   52.020
UniCredit Bank AG             4.45012/29/2022     EUR   39.970
UniCredit Bank AG             4.30012/19/2021     EUR   62.510
UniCredit Bank AG             4.70012/19/2021     EUR   37.610
Landesbank Hessen-Thuer       4.400 01/05/2023    EUR   50.300
SG Issuer SA                  7.500 1/20/2025     SEK   52.240
Skandinaviska Enskilda       10.360 7/17/2023     SEK   63.980
Landesbank Hessen-Thuer       3.600 7/27/2022     EUR   65.290
Zaklady Miesne Henryk K       5.460 3/29/2021     PLN
Landesbank Hessen-Thuer       4.000 08/03/2022    EUR   57.670
Raiffeisen Schweiz Geno       4.000 01/06/2022    CHF   68.330
Natixis SA                    2.500 07/12/2021    EUR   53.180
Landesbank Hessen-Thuer       7.500 11/03/2023    EUR   56.860
Leonteq Securities AG         7.600 7/13/2021     CHF   59.240
Leonteq Securities AG         8.000 7/19/2021     CHF   63.800
SG Issuer SA                  4.000 7/20/2021     SEK   71.000
UniCredit Bank AG             3.750 8/23/2021     EUR   42.550
Landesbank Hessen-Thuer       6.000 12/01/2022    EUR   59.260
Landesbank Baden-Wuertt       2.600 9/24/2021     EUR   61.450
Landesbank Hessen-Thuer       3.500 09/08/2022    EUR   65.590
Landesbank Hessen-Thuer       4.000 03/08/2021    EUR   69.100
DekaBank Deutsche Giroz       3.000 8/27/2021     EUR   45.420
Leonteq Securities AG/G       7.500 02/12/2021    CHF   64.190
UniCredit Bank AG             4.000 3/13/2022     EUR   40.200
EFG International Finan       7.200 1/25/2021     EUR   51.580
UniCredit Bank AG             4.200 02/12/2021    EUR   38.200
UniCredit Bank AG             4.400 02/12/2021    EUR   48.010
UniCredit Bank AG             5.900 02/12/2021    EUR   41.670
Landesbank Baden-Wuertt       3.000 3/26/2021     EUR   50.070
UniCredit Bank AG             4.130 2/13/2022     EUR   41.310
EFG International Finan       8.000 02/01/2021    CHF   65.930
Landesbank Hessen-Thuer       6.500 2/16/2023     EUR   48.480
DekaBank Deutsche Giroz       2.800 02/12/2021    EUR   44.580
Societe Generale SA           4.50012/30/2024     USD   61.420
Societe Generale SA           4.50012/29/2022     USD    8.500
EFG International Finan       7.000 02/08/2021    CHF   63.170
SG Issuer SA                  7.600 1/20/2025     SEK   53.810
UniCredit Bank AG             4.600 9/14/2022     EUR   56.720
UniCredit Bank AG             4.250 9/14/2022     EUR   69.080
UniCredit Bank AG             3.700 9/14/2022     EUR   61.190
EFG International Finan       7.200 02/08/2021    EUR   54.070
UniCredit Bank AG             4.200 2/19/2022     EUR   42.410
EFG International Finan       7.800 2/15/2021     EUR   39.450
EFG International Finan       7.400 1/25/2021     CHF   66.590
Societe Generale SA           4.50012/29/2022     USD    0.170
Leonteq Securities AG        21.800 6/25/2021     CHF   11.200
Citigroup Global Market       7.200 5/24/2023     SEK   56.240
Landesbank Hessen-Thuer       4.000 6/22/2022     EUR   48.930
UniCredit Bank AG             6.600 7/20/2028     EUR   32.050
Leonteq Securities AG/G       5.500 5/25/2021     CHF   55.210
Landesbank Hessen-Thuer       4.000 07/07/2021    EUR   49.210
UniCredit Bank AG             5.500 07/09/2021    EUR   36.020
DekaBank Deutsche Giroz       3.000 6/21/2021     EUR   38.660
Citigroup Global Market       7.000 6/16/2022     SEK   72.660
Landesbank Hessen-Thuer       6.800 7/14/2022     EUR   64.840
UniCredit Bank AG             3.600 7/18/2021     EUR   39.120
Landesbank Hessen-Thuer       3.00010/20/2022     EUR   64.890
Landesbank Hessen-Thuer       7.00010/20/2022     EUR   51.520
Raiffeisen Schweiz Geno       6.000 09/02/2022    CHF   72.580
Landesbank Baden-Wuertt       4.750 2/25/2022     EUR   51.100
Landesbank Baden-Wuertt       2.600 2/25/2022     EUR   63.720
Landesbank Baden-Wuertt       2.200 2/25/2022     EUR   69.610
Landesbank Baden-Wuertt       3.500 2/25/2022     EUR   65.580
Landesbank Baden-Wuertt       5.700 2/25/2022     EUR   66.550
Leonteq Securities AG        14.500 06/03/2021    CHF   73.840
Landesbank Hessen-Thuer       4.000 03/01/2023    EUR   60.650
Leonteq Securities AG/G       4.000 03/03/2022    EUR   24.380
Landesbank Baden-Wuertt       5.810 3/26/2021     EUR   72.200
UBS AG/London                 7.500 09/06/2021    CHF   72.400
Bank Julius Baer & Co L      12.800 03/04/2021    CHF   56.450
Landesbank Baden-Wuertt       6.400 2/25/2022     EUR   72.590
Landesbank Baden-Wuertt       3.500 8/27/2021     EUR   59.950
Landesbank Baden-Wuertt       3.400 2/25/2022     EUR   57.920
Landesbank Baden-Wuertt       2.300 2/25/2022     EUR   73.190
Landesbank Baden-Wuertt       5.300 2/25/2022     EUR   73.980
Landesbank Baden-Wuertt       1.200 2/25/2022     EUR   67.600
Landesbank Baden-Wuertt       3.700 2/25/2022     EUR   61.520
Landesbank Baden-Wuertt       5.100 2/25/2022     EUR   62.260
Landesbank Baden-Wuertt       1.900 2/25/2022     EUR   72.040
Landesbank Baden-Wuertt       3.100 2/25/2022     EUR   68.870
Landesbank Baden-Wuertt       4.500 2/25/2022     EUR   69.980
Societe Generale Effekt      17.500 2/26/2021     EUR
UniCredit Bank AG             5.350 2/27/2023     EUR   57.050
UBS AG/London                 8.000 03/04/2022    EUR   69.400
UBS AG/London                 8.500 09/06/2021    CHF   66.500
UBS AG/London                12.250 8/26/2021     CHF   71.650
UBS AG/London                10.000 8/26/2021     EUR   70.250
Credit Suisse AG/London       8.000 5/24/2021     EUR   67.620
Leonteq Securities AG         5.000 2/27/2024     CHF   71.330
EFG International Finan       6.400 5/24/2021     EUR   59.770
UBS AG/London                11.160 03/01/2021    CHF   68.750
Credit Suisse AG/London       6.000 8/24/2022     CHF   69.790
Societe Generale SA           9.640 1/28/2021     USD   48.700
Landesbank Baden-Wuertt      12.550 2/26/2021     EUR   64.400
Bank Julius Baer & Co L      10.400 2/26/2021     CHF   51.250
Landesbank Baden-Wuertt       4.800 2/25/2022     EUR   50.490
Vontobel Financial Prod      20.000 3/26/2021     EUR   74.660
Landesbank Hessen-Thuer       6.150 03/11/2025    EUR   66.960
UBS AG/London                 3.000 3/25/2021     EUR   60.000
UBS AG/London                15.600 3/25/2021     EUR   64.430
UBS AG/London                 4.400 3/25/2021     EUR   60.940
UBS AG/London                 5.000 3/25/2021     EUR   67.330
BNP Paribas Emissions-        7.000 3/25/2021     EUR   74.040
BNP Paribas Emissions-       10.000 3/25/2021     EUR   68.980
UBS AG/London                11.000 3/25/2021     EUR   67.480
UBS AG/London                 5.600 3/25/2021     EUR   70.590
BNP Paribas Emissions-       11.000 3/25/2021     EUR   73.380
BNP Paribas Emissions-        6.000 6/24/2021     EUR   70.170
BNP Paribas Emissions-        7.000 6/24/2021     EUR   67.720
BNP Paribas Emissions-       11.000 6/24/2021     EUR   71.260
BNP Paribas Emissions-       14.000 6/24/2021     EUR   68.160
BNP Paribas Emissions-        9.000 6/24/2021     EUR   59.700
BNP Paribas Emissions-        6.500 3/25/2021     EUR   68.370
BNP Paribas Emissions-       11.000 3/25/2021     EUR   63.940
BNP Paribas Emissions-       11.000 6/24/2021     EUR   65.110
BNP Paribas Emissions-       12.000 6/24/2021     EUR   70.700
BNP Paribas Emissions-        9.000 3/25/2021     EUR   67.640
BNP Paribas Emissions-        9.500 6/24/2021     EUR   72.980
BNP Paribas Emissions-        9.000 6/24/2021     EUR   71.900
BNP Paribas Emissions-        8.000 3/25/2021     EUR   71.690
BNP Paribas Emissions-        9.500 3/25/2021     EUR   68.610
BNP Paribas Emissions-       12.000 3/25/2021     EUR   64.570
DZ Bank AG Deutsche Zen       4.750 3/22/2021     EUR   65.880
UBS AG/London                 6.500 2/28/2022     CHF   73.250
Bank Julius Baer & Co L       9.500 8/26/2021     CHF   59.300
Zurcher Kantonalbank Fi       9.450 2/26/2021     CHF   69.020
DekaBank Deutsche Giroz       3.200 2/25/2022     EUR   72.020
Credit Suisse AG/London       7.500 5/25/2021     CHF   67.270
Zurcher Kantonalbank Fi      10.000 03/05/2021    CHF   66.070
UniCredit Bank AG             6.000 2/22/2022     EUR   69.230
Landesbank Baden-Wuertt       9.690 2/26/2021     EUR   58.470
Erste Group Bank AG           9.250 3/31/2025     EUR    0.550
Vontobel Financial Prod       8.200 03/01/2021    EUR   71.220
UBS AG/London                 7.100 9/23/2021     EUR   63.800
UBS AG/London                 4.900 3/25/2021     EUR   73.600
BNP Paribas Emissions-       13.000 3/25/2021     EUR   70.870
BNP Paribas Emissions-        6.000 3/25/2021     EUR   73.890
BNP Paribas Emissions-        8.000 3/25/2021     EUR   71.330
BNP Paribas Emissions-       19.000 3/25/2021     EUR    3.260
BNP Paribas Emissions-       10.000 6/24/2021     EUR
UBS AG/London                11.800 6/24/2021     EUR   58.230
BNP Paribas Emissions-       12.000 3/25/2021     EUR   69.070
UBS AG/London                13.900 6/24/2021     EUR   70.860
BNP Paribas Emissions-       13.000 3/25/2021     EUR   71.890
BNP Paribas Emissions-       16.000 6/24/2021     EUR   68.900
BNP Paribas Emissions-       13.000 6/24/2021     EUR   72.340
BNP Paribas Emissions-       10.000 3/25/2021     EUR   73.410
BNP Paribas Emissions-        9.000 3/25/2021     EUR   62.960
Landesbank Hessen-Thuer       4.000 06/08/2022    EUR   42.990
Landesbank Hessen-Thuer       7.250 06/08/2023    EUR   68.270
Landesbank Hessen-Thuer       5.500 06/08/2023    EUR   70.720
Landesbank Hessen-Thuer       4.000 06/08/2022    EUR   51.300
Landesbank Baden-Wuertt       2.300 7/22/2022     EUR   62.700
Vontobel Financial Prod       6.500 3/26/2021     EUR   62.530
UBS AG/London                12.200 3/25/2021     EUR   67.950
Leonteq Securities AG        14.530 3/18/2021     CHF   20.450
EFG International Finan       7.400 3/22/2021     CHF   68.760
EFG International Finan       6.800 3/22/2021     EUR   57.570
Natixis SA                    2.750 03/01/2021    USD   47.110
EFG International Finan       6.800 3/29/2021     CHF   65.000
EFG International Finan       7.400 3/29/2021     EUR   56.440
Landesbank Baden-Wuertt       3.650 6/25/2021     EUR   60.880
Leonteq Securities AG         7.200 09/08/2021    CHF   55.080
Leonteq Securities AG/G       8.000 09/08/2021    EUR   68.510
DekaBank Deutsche Giroz       3.100 04/08/2022    EUR   48.620
Leonteq Securities AG/G       4.000 03/08/2022    EUR   62.040
Goldman Sachs & Co Wert      13.000 3/24/2021     EUR   69.940
DekaBank Deutsche Giroz       3.300 04/08/2022    EUR   51.430
UBS AG/London                 8.000 3/15/2021     EUR   48.400
UBS AG/London                 8.000 3/15/2021     CHF   69.950
UBS AG/London                10.000 3/15/2021     EUR   72.500
DekaBank Deutsche Giroz       6.300 10/01/2021    EUR   54.420
Landesbank Baden-Wuertt       2.55011/26/2021     EUR   66.070
UniCredit Bank AG             4.000 06/07/2022    EUR   41.000
Leonteq Securities AG/G       5.600 5/25/2021     CHF   38.290
UniCredit Bank AG             3.700 06/04/2022    EUR   65.390
Leonteq Securities AG         5.600 5/16/2022     CHF   59.650
Landesbank Baden-Wuertt       2.100 8/27/2021     EUR   54.010
Landesbank Hessen-Thuer       5.350 9/22/2023     EUR   36.400
SG Issuer SA                  3.100 5/18/2028     EUR   71.920
Landesbank Baden-Wuertt       2.200 6/25/2021     EUR   64.530
Landesbank Baden-Wuertt       3.550 6/25/2021     EUR   53.510
Landesbank Baden-Wuertt       2.250 6/25/2021     EUR   69.490
EFG International Finan       7.000 06/08/2021    EUR   51.620
EFG International Finan       5.550 07/12/2021    USD    4.170
DekaBank Deutsche Giroz       3.250 06/08/2021    EUR   56.270
Bayerische Landesbank         2.30011/26/2021     EUR   60.780
UniCredit Bank AG             5.400 06/04/2021    EUR   50.580
UniCredit Bank AG             5.000 06/11/2021    EUR   62.960
UniCredit Bank AG             4.650 06/04/2022    EUR   69.030
Leonteq Securities AG         7.800 5/14/2021     CHF   17.340
Leonteq Securities AG         6.800 05/11/2021    EUR   53.980
UniCredit Bank AG             3.350 6/14/2022     EUR   57.270
Leonteq Securities AG         6.200 06/08/2021    CHF   53.700
UniCredit Bank AG             4.300 6/28/2022     EUR   62.640
UniCredit Bank AG             3.800 6/28/2022     EUR   64.050
UniCredit Bank AG             4.250 6/28/2022     EUR   53.160
Natixis SA                    3.150 06/09/2021    USD   69.680
Landesbank Hessen-Thuer       3.500 07/06/2022    EUR   43.590
Raiffeisen Schweiz Geno       4.100 06/08/2022    CHF   67.060
DekaBank Deutsche Giroz       2.000 6/25/2021     EUR   68.960
UniCredit Bank AG             5.600 07/02/2021    EUR   61.510
UniCredit Bank AG             3.700 6/25/2022     EUR   61.770
UniCredit Bank AG             6.350 5/14/2021     EUR   53.210
Landesbank Hessen-Thuer       4.40012/22/2022     EUR   52.510
Landesbank Baden-Wuertt       3.050 9/23/2022     EUR   59.640
Landesbank Baden-Wuertt       2.850 9/23/2022     EUR   66.670
SG Issuer SA                  8.300 7/21/2025     SEK   65.810
Landesbank Hessen-Thuer       2.750 5/20/2021     EUR   64.500
Bayerische Landesbank         2.000 2/18/2022     EUR   63.710
Landesbank Hessen-Thuer       3.500 8/17/2022     EUR   73.440
Leonteq Securities AG         5.400 7/25/2022     CHF   58.970
UniCredit Bank AG             3.800 9/19/2021     EUR   39.760
UniCredit Bank AG             3.850 9/19/2021     EUR   51.530
Landesbank Hessen-Thuer       5.900 8/25/2023     EUR   47.120
Landesbank Hessen-Thuer       5.000 9/29/2022     EUR   57.970
UniCredit Bank AG             3.500 10/08/2022    EUR   50.350
DekaBank Deutsche Giroz       3.100 5/28/2021     EUR   41.630
EFG International Finan       6.200 05/03/2021    CHF   58.020
UniCredit Bank AG             4.300 8/24/2021     EUR   50.530
UniCredit Bank AG             3.500 9/19/2021     EUR   40.210
Landesbank Hessen-Thuer       3.500 9/29/2021     EUR   42.650
Leonteq Securities AG/G       3.000 9/20/2022     CHF   67.030
Landesbank Hessen-Thuer       3.000 07/06/2021    EUR   45.900
Landesbank Hessen-Thuer       6.000 10/06/2022    EUR   55.080
Landesbank Hessen-Thuer       6.000 08/04/2022    EUR   69.010
Bank Vontobel AG             22.005 06/07/2021    CHF   15.100
UniCredit Bank AG             4.300 7/18/2021     EUR   55.990
Landesbank Hessen-Thuer       4.000 7/21/2021     EUR   59.510
Landesbank Hessen-Thuer       4.000 7/21/2021     EUR   59.840
Corner Banca SA              20.000 4/27/2021     CHF    5.200
Landesbank Baden-Wuertt       2.500 1/28/2022     EUR   60.770
Landesbank Hessen-Thuer       7.80012/15/2022     EUR   63.480
Landesbank Hessen-Thuer       5.40011/24/2022     EUR   66.870
Landesbank Hessen-Thuer       3.000 08/11/2022    EUR   65.400
UniCredit Bank AG             4.400 12/10/2022    EUR   48.430
UniCredit Bank AG             4.200 12/08/2021    EUR   39.040
Landesbank Hessen-Thuer       5.65010/28/2022     EUR   45.520
UniCredit Bank AG             4.050 3/26/2021     EUR   42.100
UniCredit Bank AG             5.550 3/26/2021     EUR   51.940
UniCredit Bank AG             3.700 3/26/2021     EUR   66.660
Leonteq Securities AG         6.000 05/12/2021    CHF   69.800
Landesbank Baden-Wuertt       3.40011/25/2022     EUR   59.360
Nordea Bank Abp               3.500 7/20/2024     SEK   68.630
Landesbank Baden-Wuertt       3.000 7/23/2021     EUR   67.160
Landesbank Baden-Wuertt       3.250 8/27/2021     EUR   54.720
Landesbank Hessen-Thuer       4.000 10/12/2022    EUR   61.360
Leonteq Securities AG/G       4.750 11/01/2021    CHF   15.200
UniCredit Bank AG             6.300 3/26/2021     EUR   37.880
Vontobel Financial Prod       6.700 03/07/2022    EUR   57.460
UniCredit Bank AG             3.600 3/29/2022     EUR   60.590
Landesbank Baden-Wuertt       3.950 8/27/2021     EUR   59.350
Leonteq Securities AG/G       5.000 9/13/2021     CHF   69.000
Landesbank Baden-Wuertt       3.25011/26/2021     EUR   73.230
DekaBank Deutsche Giroz       3.100 12/03/2021    EUR   49.750
Landesbank Hessen-Thuer       5.500 12/03/2024    EUR   67.920
BNP Paribas Emissions-       10.000 3/25/2021     EUR   70.330
BNP Paribas Emissions-       10.000 6/24/2021     EUR   71.060
BNP Paribas Emissions-        7.500 6/24/2021     EUR   73.970
BNP Paribas Emissions-        5.500 3/25/2021     EUR   74.940
BNP Paribas Emissions-        9.500 3/25/2021     EUR   72.600
BNP Paribas Emissions-       10.000 3/25/2021     EUR   71.750
BNP Paribas Emissions-       11.000 3/25/2021     EUR   69.230
BNP Paribas Emissions-       18.000 3/25/2021     EUR    3.120
BNP Paribas Emissions-        5.500 3/25/2021     EUR   74.010
BNP Paribas Emissions-        7.000 3/25/2021     EUR   72.530
BNP Paribas Emissions-        8.500 3/25/2021     EUR   71.220
BNP Paribas Emissions-       12.000 6/24/2021     EUR   68.640
BNP Paribas Emissions-       12.000 6/24/2021     EUR   66.330
Bank Julius Baer & Co L      11.500 03/01/2021    CHF   71.100
Leonteq Securities AG        16.000 03/02/2021    CHF    3.800
Landesbank Hessen-Thuer       5.26010/22/2024     EUR   73.940
Raiffeisen Schweiz Geno       5.150 3/24/2021     CHF   72.390
DekaBank Deutsche Giroz       2.60010/24/2023     EUR   62.400
EFG International Finan       9.800 9/21/2021     EUR   43.310
BNP Paribas Issuance BV       4.00010/31/2022     EUR   71.740
Landesbank Baden-Wuertt       2.50012/27/2021     EUR   60.450
Landesbank Baden-Wuertt       3.15012/27/2021     EUR   73.160
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   64.730
Danske Bank A/S              10.300 07/09/2023    SEK    9.500
Danske Bank A/S               6.976 07/09/2023    SEK   65.790
Danske Bank A/S               6.300 01/09/2023    SEK   72.290
UniCredit Bank AG             4.150 10/12/2022    EUR   62.030
Natixis SA                    1.500 10/04/2021    EUR   58.060
DekaBank Deutsche Giroz       8.100 4/23/2021     EUR   71.100
Leonteq Securities AG         7.400 9/28/2021     CHF   68.270
Concern Rossium LLC           6.25012/13/2028     RUB   60.060
Banque Cantonale Vaudoi       4.500 3/29/2021     EUR   50.570
Banque Cantonale Vaudoi       4.500 3/29/2021     CHF   53.040
EFG International Finan      26.000 6/24/2021     CHF   13.120
DekaBank Deutsche Giroz       3.400 4/30/2021     EUR   45.780
DekaBank Deutsche Giroz       2.800 05/02/2022    EUR   54.050
Leonteq Securities AG         7.400 6/21/2021     CHF   67.060
Leonteq Securities AG/G       8.200 6/21/2021     EUR   59.040
DZ Bank AG Deutsche Zen       5.000 9/20/2021     EUR   74.600
DZ Bank AG Deutsche Zen      16.900 3/26/2021     EUR   72.320
DZ Bank AG Deutsche Zen      13.100 6/25/2021     EUR   74.070
Leonteq Securities AG/G      20.700 3/19/2021     USD    6.030
Leonteq Securities AG        20.600 3/19/2021     EUR    6.000
Leonteq Securities AG        30.000 6/22/2021     CHF   15.190
Leonteq Securities AG        20.000 3/19/2021     CHF    5.860
Bank Vontobel AG             10.003 5/18/2021     CHF    5.180
Vontobel Financial Prod      21.000 3/26/2021     EUR
Vontobel Financial Prod      22.500 3/26/2021     EUR
Vontobel Financial Prod      24.000 3/26/2021     EUR
DZ Bank AG Deutsche Zen      20.200 3/22/2021     EUR    4.510
DZ Bank AG Deutsche Zen      19.200 6/21/2021     EUR    8.940
Societe Generale Effekt      23.500 3/26/2021     EUR
Leonteq Securities AG        15.600 4/20/2021     CHF    4.170
EFG International Finan      29.000 5/25/2021     CHF   14.750
Societe Generale Effekt      21.750 5/28/2021     EUR
EFG International Finan      15.000 05/06/2021    USD    7.650
Leonteq Securities AG/G       3.420 6/16/2021     USD   73.770
UBS AG/London                 7.750 6/21/2021     CHF   73.600
Goldman Sachs & Co Wert      25.000 3/24/2021     EUR   71.470
Leonteq Securities AG/G       4.290 7/30/2021     USD   67.760
Leonteq Securities AG/G       2.630 7/30/2021     USD   64.560
Goldman Sachs & Co Wert      21.000 6/23/2021     EUR   72.450
Leonteq Securities AG/G       4.710 6/16/2021     USD   75.340
UBS AG/London                11.250 6/21/2021     USD   54.450
Bank Vontobel AG             10.253 5/17/2021     EUR   49.000
Vontobel Financial Prod      20.000 6/25/2021     EUR
Raiffeisen Centrobank A       5.750 7/19/2021     EUR   61.250
Skandinaviska Enskilda        6.300 7/15/2022     SEK   63.180
Raiffeisen Centrobank A       6.250 7/19/2021     EUR   71.610
UBS AG/London                 7.250 6/21/2021     CHF   53.400
UBS AG/London                 8.500 6/21/2021     EUR   73.450
UniCredit Bank AG             5.550 7/19/2022     EUR   73.170
Leonteq Securities AG        20.400 5/18/2021     CHF   10.520
Corner Banca SA              21.000 5/18/2021     CHF   10.390
Leonteq Securities AG        20.000 5/20/2021     CHF   10.300
Vontobel Financial Prod      24.500 6/25/2021     EUR
BNP Paribas Emissions-        0.170 9/23/2021     EUR    0.550
Vontobel Financial Prod      23.000 6/25/2021     EUR
UBS AG/London                10.000 6/14/2021     EUR   54.700
Zurcher Kantonalbank Fi       8.250 6/18/2021     CHF   70.180
Landesbank Baden-Wuertt       2.100 7/28/2023     EUR   72.030
Corner Banca SA              15.000 05/04/2021    CHF    7.020
DZ Bank AG Deutsche Zen      21.900 3/22/2021     EUR    4.790
Bayerische Landesbank         3.200 2/19/2021     EUR   53.030
Leonteq Securities AG/G      10.000 06/03/2022    CHF   13.590
Landesbank Baden-Wuertt       4.000 5/27/2022     EUR   50.850
Landesbank Baden-Wuertt       3.300 5/27/2022     EUR   56.760
UniCredit Bank AG             9.60012/27/2021     EUR   65.070
UniCredit Bank AG             8.90012/27/2021     EUR   67.090
Corner Banca SA              15.200 08/11/2021    CHF   11.530
UBS AG/London                11.500 6/14/2021     USD   71.650
UBS AG/London                14.750 6/14/2021     USD    9.950
UBS AG/London                 7.500 6/14/2021     EUR   53.750
UBS AG/London                11.200 3/25/2021     EUR   70.390
UBS AG/London                 7.000 6/24/2021     EUR   64.220
UBS AG/London                10.200 3/25/2021     EUR   73.650
UBS AG/London                 7.200 3/25/2021     EUR   70.920
Vontobel Financial Prod       4.500 3/26/2021     EUR   64.590
Vontobel Financial Prod       4.000 3/26/2021     EUR   74.970
UBS AG/London                 2.000 3/25/2021     EUR   63.210
UBS AG/London                 7.400 3/25/2021     EUR   69.460
UBS AG/London                 9.000 02/01/2021    EUR   56.250
UBS AG/London                 9.900 3/25/2021     EUR   68.480
BNP Paribas Emissions-        9.000 3/25/2021     EUR   71.480
UBS AG/London                 4.900 3/25/2021     EUR   64.230
UBS AG/London                 9.000 9/23/2021     EUR   61.310
BNP Paribas Emissions-       16.000 3/25/2021     EUR   65.560
UBS AG/London                 6.200 3/25/2021     EUR   71.020
BNP Paribas Emissions-        9.000 3/25/2021     EUR   73.250
BNP Paribas Emissions-       11.000 3/25/2021     EUR   71.170
BNP Paribas Emissions-       12.000 6/24/2021     EUR   72.460
BNP Paribas Emissions-        7.000 3/25/2021     EUR   66.230
BNP Paribas Emissions-        8.000 3/25/2021     EUR   64.540
BNP Paribas Emissions-        6.500 3/25/2021     EUR   75.040
BNP Paribas Emissions-        6.500 6/24/2021     EUR   74.710
BNP Paribas Emissions-        7.500 3/25/2021     EUR   68.530
BNP Paribas Emissions-        5.000 6/24/2021     EUR   71.990
BNP Paribas Emissions-       11.000 6/24/2021     EUR   72.320
BNP Paribas Emissions-        8.500 3/25/2021     EUR   69.040
BNP Paribas Emissions-        9.500 3/25/2021     EUR   69.200
BNP Paribas Emissions-       10.000 3/25/2021     EUR   67.790
BNP Paribas Emissions-        6.500 3/25/2021     EUR   75.100
BNP Paribas Emissions-       12.000 3/25/2021     EUR   71.480
BNP Paribas Emissions-       11.000 6/24/2021     EUR   72.510
BNP Paribas Emissions-        9.000 3/25/2021     EUR   71.590
BNP Paribas Emissions-        9.500 3/25/2021     EUR   70.750
BNP Paribas Emissions-       12.000 3/25/2021     EUR   67.710
BNP Paribas Emissions-        6.500 3/25/2021     EUR   74.160
BNP Paribas Emissions-        7.500 3/25/2021     EUR   70.970
BNP Paribas Emissions-        9.000 3/25/2021     EUR   70.150
BNP Paribas Emissions-        7.500 3/25/2021     EUR   71.060
BNP Paribas Emissions-       10.000 6/24/2021     EUR   70.410
BNP Paribas Emissions-       11.000 3/25/2021     EUR   66.530
BNP Paribas Emissions-        7.000 6/24/2021     EUR   73.630
BNP Paribas Emissions-        7.500 6/24/2021     EUR   72.290
BNP Paribas Emissions-        8.000 6/24/2021     EUR   71.490
BNP Paribas Emissions-        8.500 6/24/2021     EUR   70.710
BNP Paribas Emissions-        9.000 6/24/2021     EUR   69.490
BNP Paribas Emissions-       11.000 6/24/2021     EUR   67.180
BNP Paribas Emissions-       13.000 3/25/2021     EUR   66.270
BNP Paribas Emissions-       15.000 6/24/2021     EUR   69.740
Vontobel Financial Prod      15.000 3/26/2021     EUR
Landesbank Baden-Wuertt       2.300 6/24/2022     EUR   55.670
Landesbank Baden-Wuertt       4.100 1/28/2022     EUR   56.690
Landesbank Baden-Wuertt       3.400 2/24/2023     EUR   65.050
HSBC Trinkaus & Burkhar       7.600 6/25/2021     EUR    3.300
HSBC Trinkaus & Burkhar       5.700 6/25/2021     EUR   54.450
Landesbank Hessen-Thuer       6.600 02/01/2024    EUR   67.650
Leonteq Securities AG        27.000 06/02/2021    CHF   13.770
UniCredit Bank AG             5.050 01/11/2022    EUR   34.700
UniCredit Bank AG             5.750 01/11/2022    EUR   68.370
HSBC Trinkaus & Burkhar       6.500 6/25/2021     EUR    2.850
Landesbank Baden-Wuertt       3.250 2/24/2023     EUR   65.430
BNP Paribas Emissions-       23.00012/23/2021     EUR   21.280
Erste Group Bank AG           9.250 4/30/2025     EUR    0.600
Zurcher Kantonalbank Fi       7.750 07/02/2021    EUR   72.750
Landesbank Hessen-Thuer       5.600 02/11/2025    EUR   63.470
UBS AG/London                12.000 3/25/2021     CHF    6.980
Nordea Bank Abp               9.000 7/20/2024     SEK   71.530
Leonteq Securities AG/G      27.000 5/25/2021     EUR    9.810
Bank Julius Baer & Co L      10.200 5/30/2023     EUR   25.800
Zurcher Kantonalbank Fi       4.750 6/18/2021     CHF   65.800
Zurcher Kantonalbank Fi       7.750 6/18/2021     EUR   61.930
Erste Group Bank AG           8.000 7/31/2024     EUR   69.500
Nordea Bank Abp               7.100 7/20/2024     SEK   74.490
DZ Bank AG Deutsche Zen      11.250 2/24/2021     EUR   73.930
Leonteq Securities AG/G      25.000 8/26/2021     USD   18.890
Vontobel Financial Prod      20.000 3/26/2021     EUR
Vontobel Financial Prod       9.690 3/26/2021     USD   74.750
Bayerische Landesbank         2.500 12/03/2021    EUR   60.150
DekaBank Deutsche Giroz       5.150 5/21/2021     EUR   45.070
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   72.220
Landesbank Baden-Wuertt       3.000 7/23/2021     EUR   72.060
DekaBank Deutsche Giroz       2.00011/19/2021     EUR   55.060
UniCredit Bank AG             4.35010/26/2021     EUR   32.960
Landesbank Baden-Wuertt       3.800 1/28/2022     EUR   55.230
Goldman Sachs & Co Wert      15.000 3/24/2021     EUR   73.070
Goldman Sachs & Co Wert       4.000 3/24/2021     EUR   71.470
Goldman Sachs & Co Wert       6.000 3/24/2021     EUR   61.860
Goldman Sachs & Co Wert       8.000 3/24/2021     EUR   56.960
Goldman Sachs & Co Wert      14.000 3/24/2021     EUR   45.000
DZ Bank AG Deutsche Zen       6.750 6/23/2021     EUR   74.480
Goldman Sachs & Co Wert      10.000 3/24/2021     EUR   51.860
DZ Bank AG Deutsche Zen       6.250 6/23/2021     EUR   74.280
DZ Bank AG Deutsche Zen       8.250 3/24/2021     EUR   74.210
Goldman Sachs & Co Wert      15.000 3/24/2021     EUR   61.610
Goldman Sachs & Co Wert      17.000 3/24/2021     EUR   59.380
Banque Cantonale Vaudoi       4.500 3/29/2021     CHF   50.490
Landesbank Baden-Wuertt       2.300 2/26/2021     EUR   64.220
Landesbank Baden-Wuertt       1.750 2/26/2021     EUR   68.500
Landesbank Baden-Wuertt       4.000 2/26/2021     EUR   72.890
Leonteq Securities AG/G       8.130 2/21/2022     EUR   71.280
Leonteq Securities AG/G       5.700 2/21/2022     CHF   72.990
DZ Bank AG Deutsche Zen       7.900 3/24/2021     EUR   67.770
DZ Bank AG Deutsche Zen       8.500 3/24/2021     EUR   66.870
DZ Bank AG Deutsche Zen       7.000 6/23/2021     EUR   68.650
DZ Bank AG Deutsche Zen       6.700 6/23/2021     EUR   71.020
DZ Bank AG Deutsche Zen       6.200 3/24/2021     EUR   70.390
DZ Bank AG Deutsche Zen       9.800 3/24/2021     EUR   65.700
DZ Bank AG Deutsche Zen       5.600 6/23/2021     EUR   69.760
Raiffeisen Schweiz Geno       5.000 8/24/2022     CHF   69.470
Raiffeisen Schweiz Geno       4.500 2/21/2023     CHF   66.840
Raiffeisen Schweiz Geno       6.000 8/24/2022     CHF   71.560
Corner Banca SA              30.000 06/08/2021    USD   14.800
Leonteq Securities AG/G      29.000 06/08/2021    CHF   14.700
Landesbank Baden-Wuertt       9.000 2/26/2021     EUR   67.410
Landesbank Baden-Wuertt       6.900 2/26/2021     EUR   70.420
Landesbank Baden-Wuertt       7.500 2/26/2021     EUR   61.660
Landesbank Baden-Wuertt       5.000 3/26/2021     EUR   71.670
Vontobel Financial Prod       5.600 2/22/2021     EUR   64.690
Leonteq Securities AG/G      14.000 2/24/2021     USD    3.340
Landesbank Baden-Wuertt       5.400 2/26/2021     EUR   73.040
Landesbank Baden-Wuertt       6.700 2/26/2021     EUR   70.580
Landesbank Baden-Wuertt       7.500 2/26/2021     EUR   72.900
Landesbank Baden-Wuertt       3.750 2/26/2021     EUR   38.860
Landesbank Baden-Wuertt       2.750 2/26/2021     EUR   65.510
Landesbank Baden-Wuertt       4.500 2/26/2021     EUR   71.190
Leonteq Securities AG        12.400 2/24/2021     CHF    2.870
Goldman Sachs & Co Wert      18.000 5/26/2021     EUR   73.090
Goldman Sachs & Co Wert      19.000 6/23/2021     EUR   71.630
UBS AG/London                 5.000 3/26/2021     EUR   72.750
Erste Group Bank AG          10.500 4/29/2021     EUR   69.450
UBS AG/London                10.000 3/29/2021     EUR   45.400
Societe Generale SA           8.848 3/29/2024     USD   59.650
Goldman Sachs & Co Wert      18.000 4/21/2021     EUR   73.350
Goldman Sachs & Co Wert      18.000 7/21/2021     EUR   72.550
Goldman Sachs & Co Wert      19.000 2/24/2021     EUR
Goldman Sachs & Co Wert      18.000 9/22/2021     EUR   72.520
Vontobel Financial Prod      16.500 6/25/2021     EUR   74.040
Vontobel Financial Prod      17.500 3/26/2021     EUR   73.890
Landesbank Baden-Wuertt       3.250 9/24/2021     EUR   59.650
Leonteq Securities AG/G       4.000 4/19/2022     EUR   65.090
Credit Suisse AG/London       9.20012/16/2021     USD    9.875
Raiffeisen Schweiz Geno       6.900 08/03/2022    CHF   72.480
Vontobel Financial Prod       5.500 3/26/2021     EUR   67.600
Bank Julius Baer & Co L       8.250 1/31/2022     USD   66.350
Raiffeisen Switzerland        8.500 02/03/2021    EUR   69.600
Bank Julius Baer & Co L      10.300 1/31/2022     USD   73.800
Bank Julius Baer & Co L       9.200 02/01/2021    EUR   53.800
Leonteq Securities AG        16.600 02/03/2021    CHF    4.250
Vontobel Financial Prod      11.500 3/26/2021     EUR
Bank Julius Baer & Co L       9.200 02/05/2021    CHF   59.850
UBS AG/London                12.000 02/05/2021    CHF    8.060
Credit Suisse AG/London       7.500 08/05/2021    CHF   70.470
Vontobel Financial Prod      12.500 3/26/2021     EUR   63.630
UBS AG/London                14.500 02/05/2021    CHF   68.350
Vontobel Financial Prod      13.500 3/26/2021     EUR
Vontobel Financial Prod      14.500 3/26/2021     EUR
Vontobel Financial Prod       9.500 03/12/2021    EUR   55.700
Vontobel Financial Prod      12.500 3/26/2021     EUR   74.900
Vontobel Financial Prod       4.000 03/12/2021    EUR   65.900
SG Issuer SA                  0.850 7/29/2024     EUR    9.900
Landesbank Baden-Wuertt       5.000 7/23/2021     EUR   68.820
Landesbank Baden-Wuertt       4.000 7/23/2021     EUR   67.570
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   67.840
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   65.730
Zurcher Kantonalbank Fi       8.000 05/07/2021    CHF   55.300
UBS AG/London                 8.50011/22/2021     EUR   72.100
Credit Suisse AG/London       6.200 7/29/2022     CHF   72.740
UBS AG/London                10.000 5/20/2021     CHF   72.150
UBS AG/London                13.750 1/29/2021     CHF   70.300
EFG International Finan      23.000 1/29/2021     EUR   11.710
Landesbank Baden-Wuertt       3.250 7/28/2023     EUR   66.420
Societe Generale Effekt      17.468 6/25/2021     EUR   71.310
Zurcher Kantonalbank Fi       5.75011/26/2021     CHF   66.980
Zurcher Kantonalbank Fi       8.125 02/11/2022    EUR   57.630
Zurcher Kantonalbank Fi       9.750 02/11/2022    USD   60.220
Landesbank Baden-Wuertt       4.300 7/23/2021     EUR   72.140
Vontobel Financial Prod      14.500 03/12/2021    EUR
Vontobel Financial Prod      18.000 03/12/2021    EUR   66.430
Societe Generale Effekt       8.734 6/25/2021     EUR   71.420
Landesbank Baden-Wuertt       2.000 7/23/2021     EUR   58.770
Landesbank Baden-Wuertt       5.500 6/25/2021     EUR   52.180
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   55.090
Landesbank Baden-Wuertt       6.500 6/25/2021     EUR   70.210
DekaBank Deutsche Giroz       5.500 12/03/2021    EUR   67.760
DZ Bank AG Deutsche Zen       7.000 3/22/2021     EUR   73.990
EFG International Finan      10.800 5/26/2021     CHF   58.250
Credit Suisse AG/London       8.000 2/25/2021     EUR   56.500
Landesbank Baden-Wuertt       3.69012/23/2022     EUR   70.780
Landesbank Hessen-Thuer       4.00012/27/2023     EUR   72.860
Credit Suisse AG/London       9.250 2/26/2021     EUR   65.010
Raiffeisen Schweiz Geno       7.80011/22/2021     CHF   57.050
BNP Paribas Emissions-       12.000 6/24/2021     EUR   60.280
BNP Paribas Emissions-        5.000 6/24/2021     EUR   71.990
BNP Paribas Emissions-        6.500 6/24/2021     EUR   70.490
BNP Paribas Emissions-        9.000 6/24/2021     EUR   65.660
BNP Paribas Emissions-        8.000 6/24/2021     EUR   64.600
BNP Paribas Emissions-       10.000 6/24/2021     EUR   61.080
BNP Paribas Emissions-       11.000 6/24/2021     EUR   73.600
Vontobel Financial Prod       5.100 5/28/2021     EUR   70.310
Credit Suisse AG/London       7.000 7/20/2021     EUR   72.810
DZ Bank AG Deutsche Zen       6.200 2/24/2021     EUR   69.230
BNP Paribas Emissions-        9.000 6/24/2021     EUR   73.630
BNP Paribas Emissions-        9.500 6/24/2021     EUR   71.710
Leonteq Securities AG/G      14.000 7/20/2021     EUR   69.600
Leonteq Securities AG/G      11.800 4/20/2021     CHF   70.380
Vontobel Financial Prod       4.800 6/18/2021     EUR   70.260
UniCredit Bank AG            10.100 2/26/2021     EUR   70.080
UniCredit Bank AG             8.20011/26/2021     EUR   72.820
UniCredit Bank AG             9.100 7/23/2021     EUR   71.420
Bank Julius Baer & Co L      10.600 7/22/2021     USD   50.450
Credit Suisse AG/London       7.500 4/21/2021     EUR   57.960
Vontobel Financial Prod       3.400 6/18/2021     EUR   59.990
DZ Bank AG Deutsche Zen      10.300 3/26/2021     EUR   67.150
DZ Bank AG Deutsche Zen       6.000 3/26/2021     EUR   72.840
DZ Bank AG Deutsche Zen       9.000 3/26/2021     EUR   60.990
Banque Cantonale Vaudoi      11.400 7/21/2021     EUR   56.820
Banque Cantonale Vaudoi      11.280 7/21/2021     CHF   56.700
UBS AG/London                11.750 7/22/2021     CHF   56.500
UBS AG/London                 8.000 1/24/2022     CHF   69.700
UBS AG/London                15.000 7/22/2021     CHF   70.550
Zurcher Kantonalbank Fi       5.350 7/29/2021     CHF   60.330
EFG International Finan       5.600 1/22/2024     CHF   73.990
Bank Julius Baer & Co L       7.850 1/25/2022     USD   66.100
Zurcher Kantonalbank Fi       7.500 5/28/2021     CHF   63.030
Landesbank Baden-Wuertt       3.000 7/23/2021     EUR   70.720
Landesbank Baden-Wuertt       2.500 6/25/2021     EUR   63.260
Landesbank Baden-Wuertt       4.000 6/25/2021     EUR   54.790
Landesbank Baden-Wuertt       5.500 6/25/2021     EUR   50.320
Landesbank Baden-Wuertt       6.500 6/25/2021     EUR   72.250
Landesbank Baden-Wuertt       2.000 6/25/2021     EUR   70.130
Landesbank Baden-Wuertt       3.500 6/25/2021     EUR   63.450
Credit Suisse AG/London       8.000 5/21/2021     CHF   70.940
DekaBank Deutsche Giroz       3.40012/16/2022     EUR   59.450
DekaBank Deutsche Giroz       3.70012/17/2021     EUR   65.850
UniCredit Bank AG             4.450 01/02/2024    EUR   70.830
Corner Banca SA               7.500 05/06/2022    EUR   72.050
Credit Suisse AG/London      10.750 7/26/2021     USD   68.030
Credit Suisse AG/London       7.600 7/23/2021     EUR   60.220
EFG International Finan       5.350 1/24/2023     USD   73.010
Vontobel Financial Prod       7.500 3/26/2021     EUR   72.360
Vontobel Financial Prod      16.000 3/26/2021     EUR
Bank Julius Baer & Co L      10.600 1/25/2021     EUR   69.700
EFG International Finan       4.620 1/27/2021     EUR   72.800
Bank Julius Baer & Co L       8.200 1/25/2021     CHF   56.500
Vontobel Financial Prod       9.100 2/21/2022     EUR   72.690
UBS AG/London                15.000 7/15/2021     CHF   41.850
UBS AG/London                 7.500 1/17/2022     CHF   72.800
BNP Paribas Emissions-       15.350 2/25/2021     EUR    1.510
BNP Paribas Emissions-        6.000 3/24/2022     EUR   72.640
BNP Paribas Emissions-        3.000 9/23/2021     EUR   70.340
BNP Paribas Emissions-        6.000 3/25/2021     EUR   73.720
BNP Paribas Emissions-        7.000 3/24/2022     EUR   64.100
BNP Paribas Emissions-       10.00012/23/2021     EUR    9.450
Credit Suisse AG/London       8.000 7/19/2021     CHF   70.580
Corner Banca SA              11.000 7/21/2021     CHF   56.070
Raiffeisen Schweiz Geno       5.200 1/17/2023     CHF   69.980
Raiffeisen Schweiz Geno       8.200 4/20/2021     CHF   55.920
Credit Suisse AG/London      11.500 5/20/2021     CHF   56.780
UBS AG/London                 7.000 1/31/2022     EUR   99.050
UniCredit Bank AG             3.200 01/02/2023    EUR   71.940
UBS AG/London                11.000 1/29/2021     CHF   66.650
Bank Julius Baer & Co L       6.950 2/19/2021     CHF   62.550
Leonteq Securities AG        14.800 05/04/2021    CHF   74.090
Societe Generale SA          17.040 4/27/2021     USD   70.000
Leonteq Securities AG/G       8.00011/25/2021     EUR   72.480
DZ Bank AG Deutsche Zen       6.750 3/24/2021     EUR   74.650
SG Issuer SA                  0.85010/16/2024     EUR    9.940
Raiffeisen Schweiz Geno       6.300 4/28/2021     CHF   71.730
BNP Paribas Issuance BV       7.150 11/07/2024    SEK   71.600
EFG International Finan      12.880 02/01/2021    CHF   62.980
Zurcher Kantonalbank Fi       7.500 7/28/2021     CHF   61.070
DZ Bank AG Deutsche Zen       7.500 3/24/2021     EUR   51.170
DZ Bank AG Deutsche Zen       5.250 3/24/2021     EUR   56.910
DZ Bank AG Deutsche Zen       5.500 3/24/2021     EUR   69.780
Zurcher Kantonalbank Fi       8.000 1/14/2022     CHF   69.120
Landesbank Baden-Wuertt       3.500 3/24/2023     EUR   69.220
Credit Suisse AG/London       9.250 4/14/2021     EUR   66.190
Societe Generale SA          13.010 02/02/2023    USD   55.150
EFG International Finan       5.350 1/17/2023     USD   69.660
Vontobel Financial Prod       3.800 08/11/2021    EUR   74.330
BNP Paribas Emissions-       10.000 3/24/2022     EUR   11.950
BNP Paribas Emissions-       12.000 3/25/2021     EUR    2.330
UniCredit Bank AG            12.600 3/26/2021     EUR   68.500
UniCredit Bank AG             9.600 3/26/2021     EUR   72.540
SG Issuer SA                  9.800 05/03/2021    USD   56.700
UniCredit Bank AG            11.300 3/26/2021     EUR   52.850
UniCredit Bank AG            13.300 3/26/2021     EUR   66.100
Leonteq Securities AG/G       6.800 5/18/2021     EUR   61.150
UniCredit Bank AG             5.300 3/26/2021     EUR   73.410
UniCredit Bank AG            12.800 3/26/2021     EUR   64.290
EFG International Finan       7.200 4/26/2022     CHF   66.860
UniCredit Bank AG             9.600 3/26/2021     EUR   55.560
UniCredit Bank AG            11.100 6/25/2021     EUR   70.540
UniCredit Bank AG            13.500 6/25/2021     EUR   71.570
UniCredit Bank AG            12.00012/24/2021     EUR   74.180
UniCredit Bank AG            13.00012/24/2021     EUR   72.280
UniCredit Bank AG            10.500 3/26/2021     EUR   69.890
Credit Suisse AG/London      10.75011/29/2021     USD   61.445
UBS AG/London                13.500 4/26/2021     USD
Raiffeisen Schweiz Geno       4.00011/15/2022     CHF   65.730
Vontobel Financial Prod       5.400 2/23/2021     EUR   74.280
BNP Paribas Emissions-        3.00012/23/2021     EUR   69.520
BNP Paribas Emissions-        7.000 6/24/2021     EUR   73.740
BNP Paribas Emissions-        7.00012/23/2021     EUR   63.590
Corner Banca SA               4.200 7/20/2021     CHF   74.060
Raiffeisen Schweiz Geno       8.50012/13/2021     CHF   60.670
Luzerner Kantonalbank A       7.120 6/18/2021     CHF   72.150
Zurcher Kantonalbank Fi       6.30012/16/2022     CHF   58.440
Leonteq Securities AG/G      17.490 3/17/2021     EUR    4.190
EFG International Finan      10.26012/19/2024     CHF   73.470
UBS AG/London                12.00012/20/2021     CHF   62.250
UBS AG/London                12.750 6/18/2021     CHF   58.800
UBS AG/London                14.00012/20/2021     CHF   74.100
UBS AG/London                10.25012/20/2021     CHF   73.700
UBS AG/London                 7.00012/20/2021     CHF   61.600
Credit Suisse AG/London       6.000 6/16/2022     CHF   73.300
Credit Suisse AG/London       8.000 6/18/2021     CHF   71.230
EFG International Finan       5.35012/19/2022     USD   70.850
Leonteq Securities AG/G       7.000 6/20/2022     CHF   71.280
Leonteq Securities AG/G       7.50012/20/2021     EUR   59.920
Pongs & Zahn AG               8.500               EUR    0.002
EFG International Finan       8.60012/20/2021     CHF   73.590
Zurcher Kantonalbank Fi       6.25012/30/2021     EUR   73.720
Leonteq Securities AG/G      12.000 3/23/2021     EUR   72.640
Leonteq Securities AG        11.00012/20/2021     CHF   74.350
Leonteq Securities AG        10.400 3/23/2021     CHF   73.100
Leonteq Securities AG/G       9.500 6/23/2021     CHF   72.640
Vontobel Financial Prod       8.000 03/12/2021    EUR   62.850
Bank Julius Baer & Co L      12.000 05/05/2021    CHF   73.500
Landesbank Baden-Wuertt      13.120 2/26/2021     EUR   72.690
Vontobel Financial Prod       4.000 03/12/2021    EUR   67.490
Vontobel Financial Prod       8.000 03/12/2021    EUR   71.080
Vontobel Financial Prod      16.500 06/11/2021    EUR   68.290
Skandinaviska Enskilda        6.000 1/15/2025     SEK   62.490
Skandinaviska Enskilda        5.800 1/15/2025     SEK   71.760
Zurcher Kantonalbank Fi       4.000 02/11/2022    CHF   59.880
Zurcher Kantonalbank Fi       6.750 02/11/2022    CHF   67.160
Credit Suisse AG/London       8.000 05/04/2021    EUR   66.090
Leonteq Securities AG         4.00012/18/2026     CHF   68.030
Leonteq Securities AG         3.900 9/21/2029     CHF   71.570
Raiffeisen Schweiz Geno       3.000 9/21/2029     CHF   65.520
Leonteq Securities AG         3.90012/20/2024     CHF   51.850
Zurcher Kantonalbank Fi       3.00011/19/2021     CHF   72.600
Zurcher Kantonalbank Fi       8.750 05/07/2021    CHF   64.020
DZ Bank AG Deutsche Zen      10.900 3/22/2021     EUR    2.380
Bank Julius Baer & Co L      10.000 06/01/2021    CHF   68.700
UBS AG/London                12.250 02/12/2021    CHF    7.270
DZ Bank AG Deutsche Zen       7.000 3/22/2021     EUR   73.230
DZ Bank AG Deutsche Zen      10.250 3/22/2021     EUR    2.510
UBS AG/London                 9.300 08/12/2021    CHF   62.950
UBS AG/London                 6.200 3/25/2021     EUR   63.470
UBS AG/London                 7.100 6/24/2021     EUR   62.300
UBS AG/London                 8.000 3/25/2021     EUR   59.540
UBS AG/London                 4.000 6/24/2021     EUR   64.530
Landesbank Baden-Wuertt       6.300 6/25/2021     EUR   71.460
Landesbank Baden-Wuertt       3.800 7/23/2021     EUR   70.700
Landesbank Baden-Wuertt       2.500 7/23/2021     EUR   64.170
Landesbank Baden-Wuertt       1.600 6/25/2021     EUR   67.260
UBS AG/London                13.250 06/04/2021    EUR    5.220
UBS AG/London                 2.600 3/25/2021     EUR   67.120
UBS AG/London                 9.500 3/25/2021     EUR   75.180
Leonteq Securities AG/G       9.500 06/03/2021    EUR   54.300
UBS AG/London                 9.000 6/24/2021     EUR   58.840
UBS AG/London                 9.700 3/25/2021     EUR   55.950
Landesbank Baden-Wuertt       4.750 6/25/2021     EUR   64.610
Landesbank Baden-Wuertt       7.750 6/25/2021     EUR   64.480
Leonteq Securities AG         5.750 01/09/2023    CHF   73.840
UBS AG/London                12.000 12/06/2021    USD   66.590
Vontobel Financial Prod      10.000 3/26/2021     EUR   69.980
Skandinaviska Enskilda        6.400 1/15/2025     SEK   64.740
Skandinaviska Enskilda        5.750 1/15/2025     SEK   71.590
Raiffeisen Schweiz Geno       5.60011/29/2022     CHF   71.540
Nordea Bank Abp               8.500 1/20/2025     SEK   68.590
Credit Suisse AG/London       8.000 6/30/2021     CHF   69.670
DZ Bank AG Deutsche Zen       4.500 3/22/2021     EUR   60.870
Vontobel Financial Prod      15.000 3/26/2021     EUR
UBS AG/London                14.500 02/12/2021    CHF   67.450
Vontobel Financial Prod       8.480 02/12/2021    EUR
UBS AG/London                10.750 02/12/2021    CHF   67.050
BNP Paribas Issuance BV       8.300 2/25/2021     EUR   66.750
UBS AG/London                10.00010/25/2021     CHF   66.650
Raiffeisen Schweiz Geno       7.000 05/11/2021    CHF   64.080
UniCredit Bank AG            14.200 3/26/2021     EUR   64.230
UniCredit Bank AG            10.30012/24/2021     EUR   69.100
UBS AG/London                 7.75010/25/2021     EUR   60.050
Raiffeisen Schweiz Geno       3.400 3/21/2025     CHF   52.320
UBS AG/London                 7.000 08/12/2021    CHF   69.750
UBS AG/London                12.250 2/14/2022     CHF   73.000
UBS AG/London                13.500 4/23/2021     CHF    1.750
Leonteq Securities AG/G       3.650 09/02/2021    EUR   56.850
Leonteq Securities AG/G       2.380 09/02/2021    EUR   72.720
Leonteq Securities AG/G       3.430 09/02/2021    EUR   69.480
Leonteq Securities AG/G       6.070 09/02/2021    EUR   64.050
Leonteq Securities AG/G       9.220 09/02/2021    EUR   60.150
Leonteq Securities AG/G       5.120 09/02/2021    EUR   65.990
Leonteq Securities AG/G       7.940 09/02/2021    EUR   61.040
Leonteq Securities AG/G       9.500 09/02/2021    EUR   71.290
Leonteq Securities AG/G       1.150 09/02/2021    EUR   66.320
Leonteq Securities AG/G       2.370 09/02/2021    EUR   67.040
Leonteq Securities AG/G       3.790 09/02/2021    EUR   67.850
Leonteq Securities AG/G       5.270 09/02/2021    EUR   68.770
Leonteq Securities AG/G       6.690 09/02/2021    EUR   69.620
Leonteq Securities AG/G       9.500 09/02/2021    EUR   59.050
Leonteq Securities AG/G      11.140 09/02/2021    EUR   57.620
Vontobel Financial Prod       7.500 3/26/2021     EUR   70.360
Skandinaviska Enskilda        9.200 7/15/2024     SEK   67.650
UniCredit Bank AG            13.200 6/25/2021     EUR   65.670
Leonteq Securities AG/G       5.910 09/02/2021    EUR   60.760
Leonteq Securities AG/G       3.290 09/02/2021    EUR   52.720
Leonteq Securities AG/G       6.020 09/02/2021    EUR   54.370
UBS AG/London                12.000 4/23/2021     CHF   67.250
Leonteq Securities AG/G       4.500 09/02/2021    EUR   59.910
Leonteq Securities AG/G       5.020 09/02/2021    EUR   57.580
Leonteq Securities AG/G       8.760 09/02/2021    EUR   55.910
Leonteq Securities AG/G       9.660 09/02/2021    EUR   62.990
Leonteq Securities AG/G       2.470 09/02/2021    EUR   56.050
Leonteq Securities AG/G       8.590 09/02/2021    EUR   62.350
Leonteq Securities AG/G       1.430 09/02/2021    EUR   55.380
Leonteq Securities AG/G       6.330 09/02/2021    EUR   58.370
Leonteq Securities AG/G       4.570 09/02/2021    EUR   53.530
Leonteq Securities AG/G       7.440 09/02/2021    EUR   55.130
Leonteq Securities AG/G       7.130 09/02/2021    EUR   71.150
Leonteq Securities AG/G       9.900 09/02/2021    EUR   66.060
Leonteq Securities AG/G       4.670 09/02/2021    EUR   66.540
Leonteq Securities AG/G       7.590 09/02/2021    EUR   61.910
Vontobel Financial Prod       5.500 3/26/2021     EUR   73.830
Vontobel Financial Prod      11.000 3/26/2021     EUR   65.900
Vontobel Financial Prod       6.500 3/26/2021     EUR   72.050
EFG International Finan       5.350 12/02/2022    USD   70.080
Vontobel Financial Prod      18.500 3/26/2021     EUR
DekaBank Deutsche Giroz       3.25011/25/2022     EUR   66.880
Vontobel Financial Prod      17.500 3/26/2021     EUR
Corner Banca SA               5.250 1/24/2023     CHF   72.460
Corner Banca SA              12.200 4/27/2021     CHF   70.420
Leonteq Securities AG/G       7.00010/25/2021     EUR   71.920
Leonteq Securities AG/G      13.500 05/12/2021    EUR    6.440
DZ Bank AG Deutsche Zen      12.400 3/22/2021     EUR    2.760
Zurcher Kantonalbank Fi       5.000 4/23/2021     EUR   70.800
Raiffeisen Schweiz Geno       6.900 7/27/2022     CHF   73.460
Vontobel Financial Prod       9.500 3/26/2021     EUR   67.250
Vontobel Financial Prod       8.500 3/26/2021     EUR   68.770
Leonteq Securities AG        19.000 1/27/2021     CHF    5.050
Leonteq Securities AG/G      18.600 1/27/2021     USD    4.930
Skandinaviska Enskilda        4.400 7/15/2022     SEK   69.785
Leonteq Securities AG/G       7.290 09/02/2021    EUR   62.570
Leonteq Securities AG/G       8.480 09/02/2021    EUR   68.440
Leonteq Securities AG/G      11.390 09/02/2021    EUR   64.010
Leonteq Securities AG/G       3.920 09/02/2021    EUR   69.150
Leonteq Securities AG/G       6.460 09/02/2021    EUR   63.320
UniCredit Bank AG             9.30012/24/2021     EUR   59.420
UniCredit Bank AG             7.50012/24/2021     EUR   71.760
UniCredit Bank AG             8.00012/24/2021     EUR   69.380
Raiffeisen Schweiz Geno       7.200 3/23/2021     CHF   60.550
EFG International Finan       5.350 11/07/2022    USD   70.200
Bayerische Landesbank         2.30012/19/2022     EUR   74.080
Credit Suisse AG/London       6.000 3/21/2022     USD   10.000
Vontobel Financial Prod      13.000 3/26/2021     EUR   71.460
UBS AG/London                 5.750 8/16/2021     CHF   71.550
Araratbank OJSC               5.500 9/19/2023     USD   24.584
Leonteq Securities AG         7.000 8/16/2021     CHF   64.050
Vontobel Financial Prod      10.000 03/12/2021    EUR   64.280
Vontobel Financial Prod      15.000 03/12/2021    EUR   65.490
Raiffeisen Schweiz Geno       6.000 11/01/2022    CHF   73.490
UniCredit Bank AG             9.90012/24/2021     EUR   67.360
UniCredit Bank AG            13.300 6/25/2021     EUR   70.130
UniCredit Bank AG             9.900 6/25/2021     EUR   62.380
UniCredit Bank AG            12.700 6/25/2021     EUR   62.760
DZ Bank AG Deutsche Zen       7.600 3/24/2021     EUR   59.510
UBS AG/London                 7.000 8/16/2021     CHF   57.600
Landesbank Hessen-Thuer       4.000 9/20/2023     EUR   73.860
Vontobel Financial Prod       6.500 03/12/2021    EUR   72.730
Vontobel Financial Prod      14.000 03/12/2021    EUR   57.800
Raiffeisen Schweiz Geno       8.200 02/01/2021    USD   63.260
Leonteq Securities AG/G      15.400 03/12/2021    USD   58.540
Leonteq Securities AG         8.00012/13/2022     CHF   64.460
Corner Banca SA              22.000 3/16/2021     CHF   13.140
Leonteq Securities AG/G      17.570 03/10/2021    CHF   70.840
UBS AG/London                 9.00012/13/2021     CHF   71.400
EFG International Finan      15.500 6/16/2021     EUR    7.370
Societe Generale Effekt      18.066 3/19/2021     EUR
BNP Paribas Emissions-        6.000 3/25/2021     EUR   66.850
BNP Paribas Emissions-        9.000 9/23/2021     EUR    6.300
BNP Paribas Emissions-       11.000 3/25/2021     EUR    2.130
UBS AG/London                14.000 06/11/2021    CHF   67.550
BNP Paribas Emissions-       12.000 3/25/2021     EUR   69.450
Credit Suisse AG/London       6.000 06/07/2022    CHF   73.140
Leonteq Securities AG/G      15.000 6/16/2021     CHF   70.520
Leonteq Securities AG/G      11.400 6/16/2021     EUR   63.400
Leonteq Securities AG         6.80012/13/2022     CHF   72.980
WEB Windenergie AG            6.250               EUR    0.010
EFG International Finan       5.35012/19/2022     USD   71.580
Credit Suisse AG/London       8.560 12/06/2022    USD    9.601
Vontobel Financial Prod      13.000 03/12/2021    EUR   65.790
Vontobel Financial Prod      16.000 06/11/2021    EUR   61.370
Vontobel Financial Prod       9.500 03/12/2021    EUR   68.390
DZ Bank AG Deutsche Zen       7.250 3/22/2021     EUR   73.250
BNP Paribas Emissions-        5.000 3/25/2021     EUR   68.850
BNP Paribas Emissions-        7.000 3/25/2021     EUR   63.790
BNP Paribas Emissions-       18.000 3/25/2021     EUR   72.620
Raiffeisen Schweiz Geno       5.300 9/20/2022     CHF   70.040
EFG International Finan      13.000 11/08/2021    EUR   64.870
Landesbank Baden-Wuertt       2.65010/27/2023     EUR   73.200
EFG International Finan       9.700 9/26/2022     CHF   16.170
Bayerische Landesbank         3.00011/26/2021     EUR   68.560
Bank Julius Baer & Co L       7.250 05/07/2021    USD   67.500
Societe Generale Effekt      13.989 6/25/2021     EUR   62.460
UniCredit Bank AG            15.100 6/25/2021     EUR   53.950
UniCredit Bank AG             5.70012/24/2021     EUR   68.290
UniCredit Bank AG            12.000 6/25/2021     EUR   74.070
UniCredit Bank AG             7.600 6/25/2021     EUR   70.070
UniCredit Bank AG             9.700 6/25/2021     EUR   66.210
UniCredit Bank AG            14.200 6/25/2021     EUR   68.590
Raiffeisen Schweiz Geno       6.600 3/23/2022     CHF   68.270
UBS AG/London                14.250 05/06/2021    CHF   72.900
UniCredit Bank AG            10.700 3/26/2021     EUR   71.130
UniCredit Bank AG            11.000 3/26/2021     EUR   63.220
UniCredit Bank AG            14.500 3/26/2021     EUR   65.350
Landesbank Baden-Wuertt       4.100 4/23/2021     EUR   69.210
Landesbank Baden-Wuertt       3.400 4/23/2021     EUR   51.990
Landesbank Baden-Wuertt       4.000 3/26/2021     EUR   67.060
Landesbank Baden-Wuertt       2.500 3/26/2021     EUR   73.350
Landesbank Baden-Wuertt       4.000 3/26/2021     EUR   65.880
Landesbank Baden-Wuertt       7.600 3/26/2021     EUR   56.670
Landesbank Baden-Wuertt       3.250 3/26/2021     EUR   62.670
Landesbank Baden-Wuertt       2.600 3/26/2021     EUR   63.960
BNP Paribas Emissions-       18.000 3/25/2021     EUR   70.380
UBS AG/London                14.280 5/17/2021     CHF    4.220
DZ Bank AG Deutsche Zen       7.900 3/24/2021     EUR   69.770
Leonteq Securities AG/G      10.600 8/13/2021     CHF   66.490
DZ Bank AG Deutsche Zen       4.900 3/22/2021     EUR   72.520
Landesbank Baden-Wuertt       4.25011/26/2021     EUR   67.970
Landesbank Baden-Wuertt       4.00011/26/2021     EUR   58.290
Landesbank Baden-Wuertt       3.10011/26/2021     EUR   64.210
Landesbank Baden-Wuertt       3.25011/26/2021     EUR   71.430
Landesbank Baden-Wuertt       2.10011/26/2021     EUR   74.340
Landesbank Baden-Wuertt       4.00011/26/2021     EUR   69.660
Vontobel Financial Prod      14.500 9/24/2021     EUR   72.400
DZ Bank AG Deutsche Zen       6.250 3/22/2021     EUR   73.100
UniCredit Bank AG            12.300 2/26/2021     EUR   73.650
Landesbank Baden-Wuertt       2.00011/26/2021     EUR   63.190
Credit Suisse AG/London       6.100 8/15/2022     CHF   71.370
Societe Generale Effekt       4.500 07/03/2023    EUR   69.300
UniCredit Bank AG            13.300 2/26/2021     EUR   66.340
Bank Julius Baer & Co L       4.050 4/28/2021     CHF   71.700
UBS AG/London                10.250 4/19/2021     EUR   74.250
Landesbank Baden-Wuertt       3.00011/26/2021     EUR   71.760
Landesbank Baden-Wuertt       2.00011/26/2021     EUR   67.570
Vontobel Financial Prod      12.500 6/25/2021     EUR   72.230
UniCredit Bank AG            12.200 7/23/2021     EUR   69.530
UniCredit Bank AG            10.500 7/23/2021     EUR   72.560
Vontobel Financial Prod      16.500 6/25/2021     EUR   70.380
Zurcher Kantonalbank Fi       8.000 05/04/2021    CHF   66.150
UniCredit Bank AG            11.100 2/26/2021     EUR   70.630
Bank Julius Baer & Co L       5.450 4/28/2021     CHF   67.100
Zurcher Kantonalbank Fi       9.250 4/30/2021     USD   70.250
UniCredit Bank AG            13.60012/24/2021     EUR   71.490
UniCredit Bank AG            13.900 6/25/2021     EUR   56.150
UniCredit Bank AG            13.400 3/26/2021     EUR   53.340
UniCredit Bank AG            13.100 3/26/2021     EUR   50.470
UniCredit Bank AG            10.200 6/25/2021     EUR   68.370
UniCredit Bank AG            10.40012/24/2021     EUR   68.930
UniCredit Bank AG             8.300 3/26/2021     EUR   59.780
UniCredit Bank AG            10.700 3/26/2021     EUR   56.290
UniCredit Bank AG            10.100 3/26/2021     EUR   67.830
UniCredit Bank AG            11.40012/24/2021     EUR   75.110
UniCredit Bank AG            14.000 3/26/2021     EUR   70.810
UniCredit Bank AG             6.600 3/26/2021     EUR   62.210
UniCredit Bank AG             8.100 3/26/2021     EUR   58.670
Credit Suisse AG/London      10.000 5/14/2021     EUR   66.610
Leonteq Securities AG        10.000 8/17/2021     CHF   66.520
Raiffeisen Centrobank A       7.250 12/06/2021    EUR   87.000
Leonteq Securities AG/G       1.600 1/28/2022     EUR   33.760
UBS AG/London                 6.250 06/07/2021    CHF   53.000
Credit Suisse AG/London       5.500 1/28/2021     CHF   73.550
Leonteq Securities AG/G       2.29010/29/2021     EUR   47.650
BNP Paribas Emissions-       10.000 3/25/2021     EUR
BNP Paribas Issuance BV       5.000 11/05/2024    EUR   26.560
EFG International Finan       5.35011/15/2022     USD   68.900
UniCredit Bank AG             8.40012/24/2021     EUR   70.230
UniCredit Bank AG            10.200 6/25/2021     EUR   67.230
UniCredit Bank AG            13.300 3/26/2021     EUR   60.360
UniCredit Bank AG             9.00012/24/2021     EUR   73.090
BNP Paribas Emissions-        9.00012/23/2021     EUR
UniCredit Bank AG             8.700 3/26/2021     EUR   68.380
EFG International Finan       5.35010/31/2022     USD   72.470
DZ Bank AG Deutsche Zen       4.700 2/24/2021     EUR   73.700
UBS AG/London                10.50010/18/2021     CHF   70.700
UniCredit Bank AG             8.30012/24/2021     EUR   71.600
UniCredit Bank AG            13.200 6/25/2021     EUR   64.900
UniCredit Bank AG            14.300 6/25/2021     EUR   70.250
UniCredit Bank AG            14.10012/24/2021     EUR   70.660
UniCredit Bank AG            14.900 3/26/2021     EUR   69.170
UniCredit Bank AG             9.900 6/25/2021     EUR   72.120
SG Issuer SA                  7.440 05/03/2021    CHF   54.050
UniCredit Bank AG            12.50012/24/2021     EUR   73.210
UniCredit Bank AG            14.900 3/26/2021     EUR   48.360
UniCredit Bank AG             9.700 3/26/2021     EUR   64.990
UniCredit Bank AG             6.200 3/26/2021     EUR   63.910
UniCredit Bank AG            13.100 3/26/2021     EUR   72.540
Raiffeisen Schweiz Geno      12.840 2/15/2021     CHF   52.040
UniCredit Bank AG            11.100 3/26/2021     EUR   70.450
UniCredit Bank AG             8.700 6/25/2021     EUR   73.820
UniCredit Bank AG             6.400 3/26/2021     EUR   70.740
UniCredit Bank AG            13.700 3/26/2021     EUR   63.550
Erste Group Bank AG          12.00011/21/2024     EUR    0.450
UniCredit Bank AG            11.800 3/26/2021     EUR   65.590
Leonteq Securities AG         9.00011/15/2021     CHF   69.910
UniCredit Bank AG            12.000 6/25/2021     EUR   74.460
UniCredit Bank AG            14.60012/24/2021     EUR   69.870
UniCredit Bank AG             8.400 3/26/2021     EUR   70.290
UniCredit Bank AG            12.200 3/26/2021     EUR   74.390
Credit Suisse AG/London       7.750 7/28/2021     CHF   70.930
UniCredit Bank AG            13.500 3/26/2021     EUR   70.720
Landesbank Hessen-Thuer       5.250 06/03/2024    EUR   70.470
UniCredit Bank AG            10.700 2/26/2021     EUR   73.590
UBS AG/London                 8.750 06/07/2021    EUR   58.450
Landesbank Hessen-Thuer       5.750 07/12/2024    EUR   71.980
Zurcher Kantonalbank Fi       6.000 05/04/2021    CHF   67.620
DZ Bank AG Deutsche Zen       7.500 2/24/2021     EUR   68.670
Corner Banca SA              17.000 2/17/2021     CHF    4.000
Landesbank Baden-Wuertt       3.00011/26/2021     EUR   60.120
Leonteq Securities AG        13.000 2/17/2021     CHF    3.010
DekaBank Deutsche Giroz       3.70011/25/2022     EUR   63.050
Raiffeisen Switzerland        7.000 1/29/2021     EUR   60.980
Vontobel Financial Prod      11.500 3/26/2021     EUR   73.590
Vontobel Financial Prod      14.500 3/26/2021     EUR   69.450
Societe Generale SA           8.000 7/14/2021     USD    1.130
Bank Julius Baer & Co L      10.900 02/12/2021    USD   72.500
Landesbank Hessen-Thuer       7.700 8/20/2021     EUR   65.780
Vontobel Financial Prod       4.000 3/26/2021     EUR   73.670
EFG International Finan       7.600 5/27/2021     EUR   60.870
Societe Generale Effekt      13.500 3/26/2021     EUR   72.230
Vontobel Financial Prod       9.750 3/26/2021     EUR   66.010
Vontobel Financial Prod      10.000 2/26/2021     EUR   62.190
Vontobel Financial Prod       6.000 3/26/2021     EUR   59.660
Vontobel Financial Prod       7.750 3/26/2021     EUR   62.680
UBS AG/London                 3.900 3/25/2021     EUR   69.440
UBS AG/London                11.000 6/28/2021     CHF   69.700
UBS AG/London                10.750 6/28/2021     CHF   61.070
Credit Suisse AG/London       9.500 3/29/2021     EUR   67.230
EFG International Finan      13.00012/27/2021     CHF   12.390
UBS AG/London                13.750 6/28/2021     CHF    9.730
Vontobel Financial Prod       7.250 3/26/2021     EUR   69.900
Vontobel Financial Prod      10.250 2/26/2021     EUR   55.520
Vontobel Financial Prod       9.500 2/26/2021     EUR   72.280
Vontobel Financial Prod       7.000 3/26/2021     EUR   55.710
Bank Julius Baer & Co L       8.350 1/30/2023     CHF   73.450
Credit Suisse AG/London       7.500 1/29/2021     CHF   67.670
UniCredit Bank AG             6.600 2/19/2024     EUR   69.730
BNP Paribas Emissions-       12.000 3/25/2021     EUR    2.260
Leonteq Securities AG        16.000 4/13/2021     CHF   10.880
Leonteq Securities AG/G       6.000 01/10/2023    CHF   71.060
Vontobel Financial Prod       6.500 3/29/2021     EUR   59.840
Vontobel Financial Prod       7.500 03/12/2021    EUR   58.370
Vontobel Financial Prod      10.500 06/11/2021    EUR   71.880
Vontobel Financial Prod      11.500 06/11/2021    EUR   66.400
Raiffeisen Schweiz Geno       5.000 01/10/2023    CHF   69.120
UniCredit Bank AG             5.55012/27/2023     EUR   69.160
Corner Banca SA              15.500 03/09/2021    CHF   69.130
BNP Paribas Issuance BV       7.20012/17/2024     SEK   70.070
Vontobel Financial Prod      16.000 03/12/2021    EUR   66.110
Vontobel Financial Prod      11.500 03/12/2021    EUR   55.050
Vontobel Financial Prod      17.000 03/12/2021    EUR   70.150
Vontobel Financial Prod       7.500 06/11/2021    EUR   73.020
Raiffeisen Schweiz Geno       8.200 7/13/2021     CHF   70.770
DZ Bank AG Deutsche Zen      12.200 3/22/2021     EUR    2.670
Leonteq Securities AG/G       3.35012/13/2021     EUR   61.900
Raiffeisen Schweiz Geno       5.500 12/06/2022    CHF   73.320
UBS AG/London                 4.600 3/25/2021     EUR   58.700
Vontobel Financial Prod       6.500 03/12/2021    EUR   69.260
Vontobel Financial Prod       8.000 03/12/2021    EUR   66.930
Vontobel Financial Prod       5.000 03/12/2021    EUR   73.350
Vontobel Financial Prod      12.000 03/12/2021    EUR   70.180
Leonteq Securities AG         9.400 1/13/2022     CHF   67.720
DZ Bank AG Deutsche Zen       7.000 3/22/2021     EUR   61.250
DZ Bank AG Deutsche Zen      11.600 3/22/2021     EUR    2.590
Credit Suisse AG/London       7.000 06/09/2021    CHF   71.340
Vontobel Financial Prod       0.088 06/10/2021    EUR   66.200
Landesbank Hessen-Thuer       7.000 4/29/2022     EUR   58.950
Landesbank Baden-Wuertt       6.500 6/25/2021     EUR   70.340
Landesbank Baden-Wuertt       6.500 7/23/2021     EUR   56.570
Luzerner Kantonalbank A       6.000 6/23/2021     CHF   73.160
UBS AG/London                 4.500 3/25/2021     EUR   74.520
UBS AG/London                12.500 3/25/2021     EUR   54.800
UBS AG/London                 8.700 3/25/2021     EUR   63.920
Landesbank Baden-Wuertt       4.500 6/25/2021     EUR   59.730
Landesbank Baden-Wuertt       4.250 6/25/2021     EUR   73.250
Landesbank Baden-Wuertt       7.800 6/25/2021     EUR   65.210
Landesbank Baden-Wuertt       4.200 7/23/2021     EUR   59.850
Landesbank Baden-Wuertt       2.900 6/25/2021     EUR   63.160
Landesbank Hessen-Thuer       6.250 7/15/2022     EUR   67.060
Landesbank Baden-Wuertt       3.700 6/25/2021     EUR   66.710
UBS AG/London                 7.100 3/25/2021     EUR   61.550
UBS AG/London                 9.000 3/25/2021     EUR   57.690
EFG International Finan      12.800 06/09/2021    USD   61.400
Landesbank Baden-Wuertt       5.750 6/25/2021     EUR   63.240
Landesbank Baden-Wuertt       5.100 6/25/2021     EUR   71.760
Landesbank Baden-Wuertt       3.500 7/23/2021     EUR   73.120
Landesbank Baden-Wuertt       5.500 7/23/2021     EUR   62.410
Landesbank Baden-Wuertt       7.000 6/25/2021     EUR   48.750
Landesbank Baden-Wuertt       2.500 6/25/2021     EUR   61.730
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   64.630
Leonteq Securities AG/G       7.000 5/25/2022     CHF   72.990
Landesbank Baden-Wuertt       4.500 6/25/2021     EUR   61.550
Bayerische Landesbank         1.35012/23/2022     EUR   59.480
EFG International Finan       0.600 9/20/2022     EUR   62.350
Societe Generale SA          12.000 4/18/2024     USD   49.300
Banque Cantonale Vaudoi       5.500 04/08/2021    CHF   51.260
Bayerische Landesbank         2.700 5/14/2021     EUR   52.970
Citigroup Global Market       6.800 05/07/2024    SEK
DekaBank Deutsche Giroz       2.850 9/23/2022     EUR    4.990
Leonteq Securities AG/G       5.000 02/03/2021    EUR    0.520
BNP Paribas Emissions-        7.500 1/28/2021     EUR   66.920
DZ Bank AG Deutsche Zen       5.250 3/24/2021     EUR   69.710
Zurcher Kantonalbank Fi       8.000 5/19/2021     USD   72.590
Raiffeisen Schweiz Geno       6.000 6/30/2021     EUR   58.690
Landesbank Hessen-Thuer       7.770 7/15/2021     EUR   30.710
Bank Julius Baer & Co L       6.300 02/11/2021    EUR   68.050
Leonteq Securities AG/G      10.000 5/28/2021     EUR   62.700
Raiffeisen Schweiz Geno       6.00012/30/2021     CHF   70.660
Vontobel Financial Prod      10.300 3/29/2021     EUR
Skandinaviska Enskilda        7.450 1/15/2025     SEK   68.950
Vontobel Financial Prod      18.500 03/12/2021    EUR
EFG International Finan       5.350 12/06/2022    USD   70.930
Vontobel Financial Prod       6.500 03/12/2021    EUR   73.660
UBS AG/London                 3.400 6/24/2021     EUR   62.560
UBS AG/London                 3.000 3/25/2021     EUR   61.640
UBS AG/London                 8.700 6/24/2021     EUR   65.180
UBS AG/London                 7.700 3/25/2021     EUR   66.460
UBS AG/London                 6.300 6/24/2021     EUR   68.860
Bank Julius Baer & Co L       5.300 03/08/2021    EUR   61.350
Vontobel Financial Prod       5.000 03/12/2021    EUR   71.790
Vontobel Financial Prod       9.500 03/12/2021    EUR   64.770
Vontobel Financial Prod      11.000 03/12/2021    EUR   67.620
Vontobel Financial Prod       4.900 3/29/2021     EUR   73.070
Skandinaviska Enskilda        6.250 1/15/2025     SEK   72.240
Landesbank Baden-Wuertt       5.500 6/25/2021     EUR   72.480
Landesbank Baden-Wuertt       5.900 7/23/2021     EUR   67.020
Landesbank Baden-Wuertt       5.500 7/23/2021     EUR   66.900
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   68.440
Landesbank Baden-Wuertt       5.500 6/25/2021     EUR   69.480
UBS AG/London                 4.400 3/25/2021     EUR   60.230
UBS AG/London                 6.200 3/25/2021     EUR   72.930
UBS AG/London                 2.500 3/25/2021     EUR   65.140
UBS AG/London                 6.200 3/25/2021     EUR   69.140
UBS AG/London                 5.500 3/25/2021     EUR   71.410
UBS AG/London                 2.700 3/25/2021     EUR   63.330
UBS AG/London                 4.600 3/25/2021     EUR   57.210
UBS AG/London                 9.700 3/25/2021     EUR   61.770
UBS AG/London                11.900 3/25/2021     EUR   69.390
Leonteq Securities AG/G      12.200 02/07/2022    USD   72.990
Bank Julius Baer & Co L       8.900 02/12/2021    EUR   72.450
Leonteq Securities AG        13.600 02/10/2021    CHF    3.190
UBS AG/London                 5.400 6/24/2021     EUR   75.040
UBS AG/London                 4.000 6/24/2021     EUR   68.260
Credit Suisse AG/London       6.000 08/08/2022    CHF   72.740
UBS AG/London                 3.800 3/25/2021     EUR   71.620
UBS AG/London                18.100 3/25/2021     EUR   73.470
UBS AG/London                16.900 6/24/2021     EUR   75.970
Bank Julius Baer & Co L       8.900 02/12/2021    CHF   72.450
Bank Julius Baer & Co L       9.500 05/07/2021    EUR   71.650
Araratbank OJSC               5.500 1/29/2024     USD   24.704
UBS AG/London                 8.75011/15/2021     CHF   73.400
UniCredit Bank AG             6.900 3/26/2021     EUR   69.550
UniCredit Bank AG             9.20012/24/2021     EUR   67.120
Landesbank Baden-Wuertt       3.600 3/26/2021     EUR   74.070
Landesbank Baden-Wuertt       1.800 4/23/2021     EUR   56.700
Landesbank Baden-Wuertt       4.400 4/23/2021     EUR   50.010
Landesbank Baden-Wuertt       5.700 3/26/2021     EUR   65.810
Landesbank Baden-Wuertt       5.100 3/26/2021     EUR   62.430
Landesbank Baden-Wuertt       1.950 3/26/2021     EUR   67.240
Landesbank Baden-Wuertt       4.500 3/26/2021     EUR   59.140
UniCredit Bank AG             9.600 3/26/2021     EUR   65.160
UniCredit Bank AG            11.900 3/26/2021     EUR   69.060
Bank Julius Baer & Co L      14.750 8/16/2021     EUR    8.250
UniCredit Bank AG            11.400 6/25/2021     EUR   63.900
UniCredit Bank AG             8.40012/24/2021     EUR   68.290
UBS AG/London                 6.750 5/14/2021     CHF   73.350
UniCredit Bank AG             5.800 3/26/2021     EUR   72.030
UniCredit Bank AG            10.200 6/25/2021     EUR   65.400
Landesbank Baden-Wuertt       3.250 3/26/2021     EUR   71.270
Landesbank Baden-Wuertt       2.900 4/23/2021     EUR   73.450
UniCredit Bank AG            10.50012/24/2021     EUR   71.100
UniCredit Bank AG             9.500 3/26/2021     EUR   73.330
Vontobel Financial Prod      11.000 05/11/2021    EUR   54.870
UniCredit Bank AG            12.500 3/26/2021     EUR   61.420
UniCredit Bank AG            13.600 3/26/2021     EUR   65.220
UniCredit Bank AG             9.700 3/26/2021     EUR   71.690
UniCredit Bank AG            10.10012/24/2021     EUR   70.590
UBS AG/London                 7.250 10/04/2021    CHF   66.800
UniCredit Bank AG             9.30012/24/2021     EUR   71.620
UBS AG/London                 7.000 10/04/2021    CHF   69.800
EFG International Finan       5.35010/24/2022     USD   67.260
Credit Suisse AG/London       7.250 4/27/2021     EUR   64.050
UniCredit Bank AG            13.800 3/26/2021     EUR   66.050
UniCredit Bank AG            11.800 6/25/2021     EUR   68.770
DZ Bank AG Deutsche Zen      12.000 2/24/2021     EUR   65.470
UniCredit Bank AG             8.400 3/26/2021     EUR   73.850
UniCredit Bank AG            13.000 6/25/2021     EUR   67.380
DZ Bank AG Deutsche Zen      12.200 2/24/2021     EUR   73.200
Leonteq Securities AG/G      21.800 1/28/2021     USD   14.330
Zurcher Kantonalbank Fi      15.000 06/11/2021    CHF   71.220
UniCredit Bank AG            18.900 3/26/2021     EUR   57.990
Landesbank Baden-Wuertt       5.500 4/23/2021     EUR   65.530
Landesbank Baden-Wuertt       2.950 3/26/2021     EUR   69.770
Landesbank Baden-Wuertt       5.150 3/26/2021     EUR   64.590
DekaBank Deutsche Giroz       4.150 07/01/2022    EUR   59.320
Zurcher Kantonalbank Fi      10.50011/19/2021     CHF   71.380
BNP Paribas Emissions-        3.000 3/25/2021     EUR   70.520
UniCredit Bank AG            12.400 6/25/2021     EUR   66.070
DekaBank Deutsche Giroz       3.400 07/02/2021    EUR   72.450
UniCredit Bank AG            12.400 3/26/2021     EUR   67.780
Skandinaviska Enskilda       10.150 1/15/2025     SEK   69.950
UniCredit Bank AG            11.30012/24/2021     EUR   65.460
UniCredit Bank AG            17.100 3/26/2021     EUR   60.170
Bank Julius Baer & Co L       6.650 5/14/2021     EUR   68.750
Bank Julius Baer & Co L       6.500 2/16/2021     EUR   67.050
UniCredit Bank AG             8.200 3/26/2021     EUR   67.230
Zurcher Kantonalbank Fi       7.000 8/18/2021     CHF   61.350
Zurcher Kantonalbank Fi       6.500 2/19/2021     CHF   66.990
UniCredit Bank AG            10.800 6/25/2021     EUR   72.350
BNP Paribas Emissions-       10.000 9/23/2021     EUR    6.870
UniCredit Bank AG            10.30012/24/2021     EUR   66.690
UniCredit Bank AG            15.800 3/26/2021     EUR   63.710
UniCredit Bank AG            12.900 6/25/2021     EUR   69.250
UniCredit Bank AG            13.200 3/26/2021     EUR   67.180
BNP Paribas Emissions-        5.000 3/25/2021     EUR   72.590
BNP Paribas Emissions-        8.000 3/24/2022     EUR
Barclays Bank PLC             2.730 9/27/2024     EUR   50.260
UBS AG/London                10.50011/15/2021     CHF   73.200
UBS AG/London                11.000 5/14/2021     CHF   57.350
BNP Paribas Emissions-        5.000 6/24/2021     EUR   73.220
BNP Paribas Emissions-        5.000 9/23/2021     EUR   74.070
UniCredit Bank AG            15.300 6/25/2021     EUR   62.210
UniCredit Bank AG            16.700 6/25/2021     EUR   60.650
UniCredit Bank AG            15.300 3/26/2021     EUR   62.420
UniCredit Bank AG            11.000 3/26/2021     EUR   69.650
UniCredit Bank AG            13.000 6/25/2021     EUR   56.890
UniCredit Bank AG            10.90012/24/2021     EUR   72.250
UniCredit Bank AG            10.200 6/25/2021     EUR   47.220
UniCredit Bank AG             7.80012/24/2021     EUR   62.250
UniCredit Bank AG             8.10012/24/2021     EUR   51.580
UniCredit Bank AG            13.600 6/25/2021     EUR   62.620
UniCredit Bank AG            12.300 6/25/2021     EUR   71.740
UniCredit Bank AG             6.000 6/25/2021     EUR   68.460
UniCredit Bank AG             6.50012/24/2021     EUR   72.490
Credit Suisse AG/London      13.00011/30/2021     USD   70.060
UniCredit Bank AG             9.90012/24/2021     EUR   60.180
UniCredit Bank AG            12.300 6/25/2021     EUR   44.360
UniCredit Bank AG             9.70012/24/2021     EUR   49.220
UniCredit Bank AG             8.90012/24/2021     EUR   50.320
UniCredit Bank AG            11.20012/24/2021     EUR   47.350
UniCredit Bank AG            11.200 6/25/2021     EUR   45.670
UniCredit Bank AG             9.70012/24/2021     EUR   70.710
UniCredit Bank AG            12.800 6/25/2021     EUR   73.310
UniCredit Bank AG            11.000 6/25/2021     EUR   56.710
UniCredit Bank AG             8.300 6/25/2021     EUR   62.630
UniCredit Bank AG            11.10012/24/2021     EUR   65.520
UniCredit Bank AG            12.000 6/25/2021     EUR   55.020
UniCredit Bank AG            11.40012/24/2021     EUR   58.000
UniCredit Bank AG            12.90012/24/2021     EUR   56.230
UniCredit Bank AG            10.00012/24/2021     EUR   58.120
UniCredit Bank AG            11.700 6/25/2021     EUR   68.220
UniCredit Bank AG             9.800 6/25/2021     EUR   71.570
UniCredit Bank AG             9.10012/24/2021     EUR   61.370
UniCredit Bank AG            12.000 6/25/2021     EUR   65.250
Landesbank Hessen-Thuer       6.000 03/06/2025    EUR   52.940
Credit Suisse AG/London       8.500 1/25/2021     EUR   58.570
Zurcher Kantonalbank Fi       9.000 11/05/2021    EUR   72.540
Nordea Bank Abp               7.000 7/20/2024     SEK   72.240
UBS AG/London                 8.000 11/08/2021    CHF   59.000
UBS AG/London                10.000 05/06/2021    EUR   74.000
Leonteq Securities AG/G       3.400 3/20/2024     CHF   38.080
Leonteq Securities AG/G       8.800 05/07/2021    EUR   65.330
Societe Generale Effekt      12.240 6/25/2021     EUR   66.560
Societe Generale Effekt      13.47912/24/2021     EUR   67.990
Credit Suisse AG/London       6.250 3/26/2021     EUR   55.520
Zurcher Kantonalbank Fi       7.000 2/21/2022     CHF   70.890
SG Issuer SA                  6.940 1/20/2025     SEK   72.420
EFG International Finan       5.35011/29/2022     USD   70.600
Raiffeisen Schweiz Geno       7.060 06/02/2021    USD   57.400
DZ Bank AG Deutsche Zen       4.750 9/20/2021     EUR   74.440
Credit Suisse AG/London       7.000 5/31/2021     CHF   70.940
Zurcher Kantonalbank Fi       6.000 2/18/2021     CHF   65.790
Vontobel Financial Prod      10.00012/24/2021     EUR   72.410
UBS AG/London                 7.250 6/28/2021     EUR   73.150
Landesbank Baden-Wuertt       2.600 1/26/2024     EUR   72.770
UBS AG/London                 5.75012/27/2021     CHF   68.550
UBS AG/London                10.00012/27/2021     CHF   73.150
Zurcher Kantonalbank Fi       5.000 8/18/2021     CHF   61.920
Raiffeisen Schweiz Geno      12.150 3/24/2021     CHF   11.870
Leonteq Securities AG        11.000 01/03/2022    CHF   62.140
DZ Bank AG Deutsche Zen       6.250 3/22/2021     EUR   64.130
Leonteq Securities AG/G       7.000 06/02/2022    CHF   73.680
Raiffeisen Schweiz Geno       7.000 08/10/2021    CHF   68.960
EFG International Finan      11.12012/27/2024     EUR   59.510
EFG International Finan      12.00012/31/2021     USD   67.680
UBS AG/London                 9.50011/29/2021     CHF   71.900
UniCredit Bank AG             4.65012/22/2023     EUR   71.610
UBS AG/London                 7.00011/29/2021     EUR   57.650
EFG International Finan      17.800 5/27/2021     USD    8.520
Bank Julius Baer & Co L       7.420 02/08/2021    EUR   55.300
Vontobel Financial Prod      19.500 6/25/2021     EUR   68.130
Vontobel Financial Prod       9.500 3/26/2021     EUR   65.870
Vontobel Financial Prod       7.500 3/26/2021     EUR   68.210
Vontobel Financial Prod       5.500 3/26/2021     EUR   70.780
EFG International Finan       9.000 9/20/2021     EUR   60.600
UBS AG/London                 7.500 9/20/2021     CHF   57.600
UniCredit Bank AG             6.400 6/25/2021     EUR   67.600
Landesbank Baden-Wuertt       3.600 6/23/2023     EUR   58.190
SG Issuer SA                  6.130 1/20/2024     SEK   73.620
Landesbank Baden-Wuertt       2.10010/27/2023     EUR   62.980
UBS AG/London                12.750 9/27/2021     CHF   69.850
Leonteq Securities AG         7.500 11/08/2022    CHF   70.140
DekaBank Deutsche Giroz       2.400 6/17/2022     EUR   67.190
Leonteq Securities AG/G       6.00011/23/2021     CHF   55.460
Raiffeisen Schweiz Geno       8.600 4/21/2021     CHF   58.250
Bayerische Landesbank         2.050 7/23/2021     EUR   65.130
Corner Banca SA              12.200 4/21/2021     USD   70.630
UBS AG/London                 7.000 9/27/2021     CHF   68.500
Citigroup Global Market       6.01010/23/2024     RUB
Raiffeisen Schweiz Geno       4.40010/21/2021     CHF   51.130
Landesbank Hessen-Thuer       6.500 07/05/2024    EUR   65.740
Raiffeisen Schweiz Geno       3.20012/18/2026     CHF   64.810
Raiffeisen Schweiz Geno      10.00012/31/2024     CHF   72.220
Leonteq Securities AG         3.600 9/22/2026     CHF   54.180
Raiffeisen Schweiz Geno       2.700 9/22/2026     CHF   50.150
DekaBank Deutsche Giroz       7.250 04/01/2021    EUR    1.960
UBS AG/London                 7.50011/14/2025     USD    9.850
DZ Bank AG Deutsche Zen       9.000 3/24/2021     EUR   60.100
Goldman Sachs & Co Wert      13.000 3/24/2021     EUR   70.500
Goldman Sachs & Co Wert       5.000 3/24/2021     EUR   67.170
DekaBank Deutsche Giroz       3.750 2/26/2021     EUR    0.830
Goldman Sachs & Co Wert       7.000 3/24/2021     EUR   59.970
Goldman Sachs & Co Wert      22.000 3/24/2021     EUR   74.830
Leonteq Securities AG/G      14.550 3/24/2021     EUR    3.100
Leonteq Securities AG/G      17.610 3/24/2021     EUR    3.580
DekaBank Deutsche Giroz       3.65010/15/2021     EUR    3.020
Leonteq Securities AG/G      15.18012/27/2021     EUR   15.240
Nutritek International        8.750 12/11/2008    USD    2.089
Lehman Brothers Treasur       2.500 8/23/2012     GBP    0.100
Lehman Brothers Treasur       3.000 8/13/2011     EUR    0.100
Kaupthing ehf                 3.750 2/15/2024     ISK    0.250
Lehman Brothers Treasur       3.400 9/21/2009     HKD    0.100
Lehman Brothers Treasur       4.000 10/12/2010    USD    0.100
Lehman Brothers Treasur       7.00010/22/2010     EUR    0.100
Lehman Brothers Treasur       8.00010/23/2008     USD    0.100
Lehman Brothers Treasur       4.100 06/10/2014    SGD    0.100
Lehman Brothers Treasur       6.000 9/20/2011     EUR    0.100
Lehman Brothers Treasur       1.500 10/12/2010    EUR    0.100
ECM Real Estate Investm       5.000 10/09/2011    EUR   15.375
Lehman Brothers Treasur      11.00012/20/2017     AUD    0.100
Lehman Brothers Treasur      11.00012/20/2017     AUD    0.100
Lehman Brothers Treasur       0.50012/20/2017     AUD    0.100
Lehman Brothers Treasur       0.50012/20/2017     USD    0.100
Lehman Brothers Treasur      10.000 2/16/2009     CHF    0.100
Lehman Brothers Treasur       6.30012/21/2018     USD    0.100
Lehman Brothers Treasur      11.000 2/16/2009     CHF    0.100
Lehman Brothers Treasur       7.000 2/15/2010     CHF    0.100
Kaupthing ehf                 4.73012/19/2008     SKK    0.250
Lehman Brothers Treasur       8.80012/27/2009     EUR    0.100
Lehman Brothers Treasur      14.90011/16/2010     EUR    0.100
Lehman Brothers Treasur      16.000 10/08/2008    CHF    0.100
Lehman Brothers Treasur       8.00012/31/2010     USD    0.100
Lehman Brothers Treasur       0.50012/20/2017     USD    0.100
Lehman Brothers Treasur       0.50012/20/2017     AUD    0.100
Lehman Brothers Treasur       0.50012/20/2017     AUD    0.100
Lehman Brothers Treasur       9.30012/21/2010     EUR    0.100
Lehman Brothers Treasur       4.000 01/04/2011    USD    0.100
Lehman Brothers Treasur       0.50012/20/2017     AUD    0.100
Lehman Brothers Treasur       0.50012/20/2017     AUD    0.100
Lehman Brothers Treasur       5.375 02/04/2014    USD    0.100
Lehman Brothers Treasur       0.80012/30/2016     EUR    0.100
Banca Popolare di Vicen       9.500 10/02/2025    EUR    0.011
Lehman Brothers Treasur       3.35010/13/2016     EUR    0.100
Lehman Brothers Treasur       6.000 5/23/2018     CZK    0.100
Lehman Brothers Treasur       4.000 5/17/2010     USD    0.100
Kaupthing ehf                 5.250 7/18/2017     BGN    0.250
Lehman Brothers Treasur       6.000 3/18/2015     USD    0.100
Lehman Brothers Treasur       1.000 2/26/2010     USD    0.100
Lehman Brothers Treasur       5.200 11/09/2011    EUR    0.100
Lehman Brothers Treasur       4.80011/16/2012     HKD    0.100
Lehman Brothers Treasur       4.600 10/11/2017    ILS    0.100
Lehman Brothers Treasur       3.50012/20/2027     USD    0.100
Lehman Brothers Treasur      13.000 7/25/2012     EUR    0.100
Lehman Brothers Treasur      18.250 10/02/2008    USD    0.100
Lehman Brothers Treasur       2.250 05/12/2009    USD    0.100
Lehman Brothers Treasur       4.000 5/30/2010     USD    0.100
Lehman Brothers Treasur       2.480 05/12/2009    USD    0.100
HSBC Bank PLC                 0.500 6/23/2027     MXN   66.349
Lehman Brothers Treasur       7.58511/22/2009     MXN    0.100
Lehman Brothers Treasur       4.00011/24/2016     EUR    0.100
Getin Noble Bank SA           5.25011/30/2023     PLN   72.000
Lehman Brothers Treasur       8.000 08/03/2009    USD    0.100
Lehman Brothers Treasur       5.500 6/15/2009     CHF    0.100
Lehman Brothers Treasur      11.000 6/29/2009     EUR    0.100
Lehman Brothers Treasur       1.50010/25/2011     EUR    0.100
Lehman Brothers Treasur       5.500 4/23/2014     EUR    0.100
Lehman Brothers Treasur       1.600 6/21/2010     JPY    0.100
Lehman Brothers Treasur       6.450 2/20/2010     AUD    0.100
Lehman Brothers Treasur       6.600 5/23/2012     AUD    0.100
Lehman Brothers Treasur       9.000 05/06/2011    CHF    0.100
Lehman Brothers Treasur       7.600 03/04/2010    NZD    0.100
Kaupthing ehf                 7.625 2/28/2015     USD    0.250
Lehman Brothers Treasur       7.150 3/21/2013     USD    0.100
Lehman Brothers Treasur       6.000 03/04/2015    USD    0.100
Lehman Brothers Treasur      10.000 5/22/2009     USD    0.100
Lehman Brothers Treasur       4.600 08/01/2013    EUR    0.100
Lehman Brothers Treasur      15.000 06/04/2009    CHF    0.100
Kaupthing ehf                 2.775 05/10/2045    ISK    0.250
Lehman Brothers Treasur      10.44211/22/2008     CHF    0.100
Lehman Brothers Treasur       8.000 5/22/2009     USD    0.100
Lehman Brothers Treasur      17.000 06/02/2009    USD    0.100
Lehman Brothers Treasur      13.500 06/02/2009    USD    0.100
Lehman Brothers Treasur       5.00011/22/2012     EUR    0.100
RGS Nedvizhimost OOO         12.00010/18/2017     RUB    0.335
Lehman Brothers Treasur       5.500 6/22/2010     USD    0.100
Lehman Brothers Treasur       3.450 5/23/2013     USD    0.100
Lehman Brothers Treasur       7.500 2/14/2010     AUD    0.100
Lehman Brothers Treasur      10.00010/22/2008     USD    0.100
Lehman Brothers Treasur      16.00010/28/2008     USD    0.100
Lehman Brothers Treasur       3.500 6/20/2011     EUR    0.100
Lehman Brothers Treasur       7.600 1/31/2013     AUD    0.100
Lehman Brothers Treasur      11.750 03/01/2010    EUR    0.100
Lehman Brothers Treasur       8.000 3/21/2018     USD    0.100
Lehman Brothers Treasur       4.000 03/10/2011    EUR    0.100
Lehman Brothers Treasur       8.000 3/19/2012     USD    0.100
Lehman Brothers Treasur      13.432 01/08/2009    ILS    0.100
Landesbank Hessen-Thuer       4.000 5/15/2023     EUR   66.980
Erste Group Bank AG           5.80010/31/2024     EUR   65.750
DekaBank Deutsche Giroz       4.000 11/05/2021    EUR   66.660
Raiffeisen Schweiz Geno       5.000 9/13/2022     CHF   69.850
EFG International Finan      12.530 3/18/2021     CHF   66.660
Raiffeisen Switzerland        7.700 3/16/2021     EUR   65.080
UniCredit Bank AG             6.250 11/04/2021    EUR   71.420
Leonteq Securities AG         6.600 10/12/2021    CHF   54.730
EFG International Finan      14.000 3/18/2021     USD   67.100
Zurcher Kantonalbank Fi       6.50010/15/2021     CHF   72.540
Rosbank PJSC                  0.030 4/30/2024     RUB   65.000
UBS AG/London                 7.000 10/11/2021    CHF   59.150
Leonteq Securities AG        10.800 10/11/2021    CHF   70.590
UBS AG/London                 8.400 3/25/2021     EUR   69.220
DekaBank Deutsche Giroz       3.200 11/04/2022    EUR   70.700
UBS AG/London                 4.800 3/25/2021     EUR   64.230
UBS AG/London                 5.300 3/25/2021     EUR   61.570
Leonteq Securities AG         7.500 10/04/2021    CHF   72.520
EFG International Finan       0.600 09/06/2022    EUR   66.900
UBS AG/London                 6.000 9/23/2021     EUR   64.400
UBS AG/London                 5.200 9/23/2021     EUR   66.500
Nordea Bank Abp               7.450 7/20/2024     SEK   73.370
Zurcher Kantonalbank Fi       7.750 09/09/2021    EUR   70.680
UBS AG/London                 3.900 3/25/2021     EUR   65.390
WEB Windenergie AG            6.500               EUR    0.010
Raiffeisen Centrobank A       6.000 10/07/2021    EUR   69.080
UBS AG/London                 7.000 9/13/2021     CHF   66.600
Landesbank Hessen-Thuer       2.700 09/12/2023    EUR   71.760
Skandinaviska Enskilda        6.350 7/15/2024     SEK   71.370
UBS AG/London                 7.750 9/13/2021     EUR   58.150
UBS AG/London                 8.500 9/13/2021     EUR   65.300
SG Issuer SA                  5.000 07/10/2021    EUR   12.500
EFG International Finan       8.80010/15/2021     CHF   69.740
EFG International Finan      10.40010/15/2021     EUR   50.980
Zurcher Kantonalbank Fi       8.00010/22/2021     EUR   59.610
Zurcher Kantonalbank Fi      10.250 4/23/2021     CHF   65.250
DekaBank Deutsche Giroz       2.800 1/13/2023     EUR   72.190
Raiffeisen Schweiz Geno       5.20012/20/2021     CHF   71.470
Credit Suisse AG/London       8.750 6/23/2021     EUR   60.440
DZ Bank AG Deutsche Zen      12.100 3/26/2021     EUR   71.070
Zurcher Kantonalbank Fi       8.000 5/16/2022     CHF   63.830
Landesbank Baden-Wuertt       5.000 7/23/2021     EUR   51.330
Landesbank Baden-Wuertt       4.000 6/25/2021     EUR   56.350
SG Issuer SA                  0.35011/15/2023     EUR   18.340
Landesbank Baden-Wuertt       3.000 6/25/2021     EUR   67.890
Landesbank Baden-Wuertt       6.500 6/25/2021     EUR   52.410
Landesbank Baden-Wuertt       5.500 6/25/2021     EUR   70.550
Leonteq Securities AG/G      15.000 2/25/2021     EUR    3.460
Leonteq Securities AG        13.200 5/25/2021     CHF   72.040
Leonteq Securities AG/G       7.42011/22/2021     EUR   59.700
Bayerische Landesbank         2.500 7/22/2022     EUR   65.470
Leonteq Securities AG         5.000 8/23/2021     CHF   73.750
Leonteq Securities AG/G      10.000 05/10/2021    EUR   52.300
DekaBank Deutsche Giroz       3.000 9/24/2021     EUR   56.200
Raiffeisen Schweiz Geno       8.000 5/14/2021     CHF   54.420
Corner Banca SA               8.620 8/30/2021     CHF   72.810
Leonteq Securities AG/G       8.150 09/02/2021    CHF   46.180
Zurcher Kantonalbank Fi       5.500 03/10/2021    CHF   72.410
Landesbank Baden-Wuertt       4.10010/22/2021     EUR   70.510
Landesbank Baden-Wuertt       5.05010/22/2021     EUR   68.620
Zurcher Kantonalbank Fi      10.875 5/27/2021     EUR   69.870
Landesbank Baden-Wuertt       2.50010/22/2021     EUR   65.240
Landesbank Baden-Wuertt       2.95010/22/2021     EUR   70.590
UBS AG/London                 7.250 09/06/2021    CHF   58.600
Societe Generale SA          14.220 5/13/2021     USD   43.300
BNP Paribas Emissions-        5.000 06/04/2021    EUR   53.630
Landesbank Baden-Wuertt       3.05010/22/2021     EUR   73.190
Landesbank Baden-Wuertt       1.20010/22/2021     EUR   70.220
Landesbank Baden-Wuertt       2.90010/22/2021     EUR   68.860
UBS AG/London                11.000 5/17/2021     USD   57.980
Leonteq Securities AG/G       8.000 5/14/2021     CHF   55.660
EFG International Finan       7.000 09/06/2021    EUR   71.770
Zurcher Kantonalbank Fi      10.750 5/21/2021     CHF   62.290
Zurcher Kantonalbank Fi      14.000 5/21/2021     CHF   66.590
DZ Bank AG Deutsche Zen       7.200 3/26/2021     EUR   64.190
Zurcher Kantonalbank Fi       5.500 6/30/2022     CHF   71.120
Citigroup Global Market       3.850 8/22/2022     EUR   70.600
Raiffeisen Schweiz Geno       5.250 8/16/2022     CHF   73.420
UBS AG/London                 7.000 8/23/2021     EUR   58.250
UBS AG/London                 5.500 8/23/2021     CHF   66.650
Leonteq Securities AG/G       7.000 8/23/2021     EUR   72.490
UBS AG/London                10.750 05/07/2021    USD   52.500
Skandinaviska Enskilda        5.520 7/15/2024     SEK   72.540
Landesbank Hessen-Thuer       4.000 6/14/2023     EUR   69.920
UBS AG/London                 7.000 8/30/2021     CHF   65.800
Raiffeisen Schweiz Geno       5.000 05/10/2022    CHF   72.280
Raiffeisen Schweiz Geno       5.550 03/03/2021    CHF   70.320
DekaBank Deutsche Giroz       4.000 1/14/2022     EUR   66.320
EFG International Finan       5.35012/27/2022     USD   69.640
Credit Suisse AG/London       6.000 6/24/2022     CHF   72.860
DZ Bank AG Deutsche Zen       9.000 3/26/2021     EUR   71.170
DZ Bank AG Deutsche Zen       9.900 3/26/2021     EUR   71.420
DZ Bank AG Deutsche Zen      10.900 3/26/2021     EUR   65.090
Metalloinvest Holding C       0.010 03/07/2022    RUB   70.010
UBS AG/London                 7.750 5/24/2021     EUR   52.900
Bank Julius Baer & Co L       9.000 1/25/2021     EUR   56.550
Zurcher Kantonalbank Fi       6.500 7/22/2021     CHF   72.940
Zurcher Kantonalbank Fi       9.500 7/22/2021     EUR   52.440
Credit Suisse AG/London       6.000 7/13/2022     CHF   73.240
DZ Bank AG Deutsche Zen       4.250 3/24/2021     EUR   69.020
DZ Bank AG Deutsche Zen       6.500 3/24/2021     EUR   69.380
DZ Bank AG Deutsche Zen       4.500 3/24/2021     EUR   73.150
DZ Bank AG Deutsche Zen       8.500 3/24/2021     EUR   66.420
Zurcher Kantonalbank Fi      10.750 1/21/2022     CHF   61.210
Landesbank Baden-Wuertt       5.000 7/23/2021     EUR   62.990
Landesbank Baden-Wuertt       2.000 6/25/2021     EUR   72.410
Landesbank Baden-Wuertt       3.500 6/25/2021     EUR   69.240
Landesbank Baden-Wuertt       5.000 6/25/2021     EUR   56.220
Leonteq Securities AG        17.400 2/25/2021     CHF   74.680
Leonteq Securities AG/G       4.89011/26/2021     USD   61.090
EFG International Finan      10.85011/29/2024     USD   68.480
DZ Bank AG Deutsche Zen       5.100 3/22/2021     EUR   68.670
Bank Julius Baer & Co L       8.000 2/26/2021     CHF   54.400
Leonteq Securities AG        14.000 2/26/2021     CHF   11.160
Raiffeisen Schweiz Geno       5.60011/22/2021     EUR   72.320
Raiffeisen Schweiz Geno       4.00011/22/2022     CHF   73.210
Raiffeisen Schweiz Geno       9.000 5/25/2021     CHF   57.380
BNP Paribas Emissions-       13.000 6/24/2021     EUR   57.840
BNP Paribas Emissions-        6.000 6/24/2021     EUR   72.400
BNP Paribas Emissions-        7.000 6/24/2021     EUR   68.660
BNP Paribas Emissions-        8.000 6/24/2021     EUR   65.250
BNP Paribas Emissions-        9.500 6/24/2021     EUR   62.400
BNP Paribas Emissions-        5.000 6/24/2021     EUR   68.370
BNP Paribas Emissions-       12.000 6/24/2021     EUR   73.130
Zurcher Kantonalbank Fi       6.000 12/06/2021    CHF   68.370
Astana Finance BV             9.00011/16/2011     USD   15.250
Lehman Brothers Treasur       2.50012/15/2011     GBP    0.100
Credito Padano Banca di       3.100               EUR   34.062
BNP Paribas SA                1.000 1/23/2040     MXN   22.829
Lehman Brothers Treasur       5.000 4/24/2017     EUR    0.100
Lehman Brothers Treasur      13.50011/28/2008     USD    0.100
Lehman Brothers Treasur       4.050 9/16/2008     EUR    0.100
Lehman Brothers Treasur       1.680 03/05/2015    EUR    0.100
Lehman Brothers Treasur       3.50010/31/2011     USD    0.100
Lehman Brothers Treasur      14.900 9/15/2008     EUR    0.100
Lehman Brothers Treasur       3.50010/24/2011     USD    0.100
Espirito Santo Financia       5.625 7/28/2017     EUR    0.843
Lehman Brothers Treasur       6.750 04/05/2012    EUR    0.100
Lehman Brothers Treasur       0.25010/19/2012     CHF    0.100
Lehman Brothers Treasur      12.000 07/04/2011    EUR    0.100
Kaupthing ehf                 9.750 09/10/2015    USD    0.250
Lehman Brothers Treasur       8.280 3/26/2009     USD    0.100
Lehman Brothers Treasur       7.55012/29/2008     USD    0.100
Lehman Brothers Treasur       8.00012/27/2032     JPY    0.100
Lehman Brothers Treasur       1.500 02/08/2012    CHF    0.100
Lehman Brothers Treasur       5.120 4/30/2027     EUR    0.100
Lehman Brothers Treasur       0.000 9/21/2010     JPY    0.100
Lehman Brothers Treasur       2.000 6/21/2011     EUR    0.100
Heta Asset Resolution A       0.18712/31/2023     EUR    2.078
Kaupthing ehf                 7.000 7/24/2009     ISK    0.250
LBI ehf                       8.650 05/01/2011    ISK    8.625
Kuntarahoitus Oyj             0.250 6/28/2040     CAD   38.453
Otkritie Holding JSC         10.000 4/20/2028     RUB    2.300
Lehman Brothers Treasur       4.50012/30/2010     USD    0.100
Lehman Brothers Treasur       7.000 07/11/2010    EUR    0.100
Lehman Brothers Treasur       6.000 12/06/2016    USD    0.100
Lehman Brothers Treasur       6.000 7/28/2010     EUR    0.100
Lehman Brothers Treasur       4.150 8/25/2020     EUR    0.100
Lehman Brothers Treasur       3.630 03/02/2012    EUR    0.100
Lehman Brothers Treasur       4.500 03/07/2015    EUR    0.100
Ideal Standard Internat      11.750 05/01/2018    EUR    0.050
Lehman Brothers Treasur       3.025 1/31/2015     EUR    0.100
Lehman Brothers Treasur       0.750 3/29/2012     EUR    0.100
EDOB Abwicklungs AG           7.500 04/01/2012    EUR    2.000
Lehman Brothers Treasur       6.000 7/28/2010     EUR    0.100
Northland Resources AB       12.250 3/26/2016     USD    2.621
Lehman Brothers Treasur      13.000 2/16/2009     CHF    0.100
Lehman Brothers Treasur       0.50012/20/2017     USD    0.100
Lehman Brothers Treasur       0.50012/20/2017     USD    0.100
Santander Consumer Bank       5.160               NOK   58.614
Lehman Brothers Treasur       8.05012/20/2010     HKD    0.100
Lehman Brothers Treasur       7.750 2/21/2016     EUR    0.100
Lehman Brothers Treasur       7.06012/29/2008     EUR    0.100
Lehman Brothers Treasur       6.72012/29/2008     EUR    0.100
Lehman Brothers Treasur       4.100 8/23/2010     USD    0.100
MIK OAO                      15.000 2/19/2020     RUB   13.875
Lehman Brothers Treasur       3.600 3/19/2018     JPY    0.100
Kaupthing ehf                 7.500 12/05/2014    ISK    0.250
Lehman Brothers Treasur       2.300 6/27/2013     USD    0.100
Irish Bank Resolution C       4.000 4/23/2018     EUR   33.250
Teksid Aluminum Luxembo      12.375 7/15/2011     EUR    0.122
SG Issuer SA                  3.300 9/26/2034     ZAR   49.333
Espirito Santo Financia       0.34910/27/2024     EUR    0.304
Lehman Brothers Treasur       2.370 7/15/2013     USD    0.100
Kaupthing ehf                 6.500 10/08/2010    ISK    0.250
Lehman Brothers Treasur       4.100 5/20/2009     USD    0.100
Lehman Brothers Treasur       2.000 5/17/2010     EUR    0.100
Lehman Brothers Treasur       4.000 2/28/2010     EUR    0.100
Heta Asset Resolution A       5.03012/31/2023     EUR    2.078
Lehman Brothers Treasur       6.600 02/09/2009    EUR    0.100
Heta Asset Resolution A       5.73012/31/2023     EUR    2.078
Lehman Brothers Treasur       7.625 7/22/2011     HKD    0.100
Cerruti Finance SA            6.500 7/26/2004     EUR    2.061
Lehman Brothers Treasur       6.85012/22/2008     EUR    0.100
Lehman Brothers Treasur       7.600 3/26/2009     EUR    0.100
Lehman Brothers Treasur       0.010 9/20/2011     USD    0.100
Kaupthing ehf                 1.615               ISK    0.250
Lehman Brothers Treasur       3.82010/20/2009     USD    0.100
Kaupthing ehf                 4.39010/14/2008     CZK    0.250
Lehman Brothers Treasur       7.750 01/03/2012    AUD    0.100
Lehman Brothers Treasur       0.500 07/02/2020    EUR    0.100
Lehman Brothers Treasur       3.100 06/04/2010    USD    0.100
Lehman Brothers Treasur       0.500 08/01/2020    EUR    0.100
Lehman Brothers Treasur      10.00010/23/2008     USD    0.100
Lehman Brothers Treasur       5.500 07/08/2013    EUR    0.100
Lehman Brothers Treasur       0.500 06/02/2020    EUR    0.100
Lehman Brothers Treasur       7.500 5/30/2010     AUD    0.100
Lehman Brothers Treasur       4.300 06/04/2012    USD    0.100
Lehman Brothers Treasur       4.000 06/05/2011    USD    0.100
Lehman Brothers Treasur       7.250 07/08/2014    EUR    0.100
Lehman Brothers Treasur       2.300 06/06/2013    USD    0.100
Lehman Brothers Treasur       1.460 2/19/2012     JPY    0.100
Lehman Brothers Treasur       2.000 6/28/2011     EUR    0.100
Lehman Brothers Treasur       7.600 5/21/2013     USD    0.100
Lehman Brothers Treasur      10.000 6/17/2009     USD    0.100
Lehman Brothers Treasur      13.15010/30/2008     USD    0.100
Lehman Brothers Treasur       2.500 8/15/2012     CHF    0.100
KPNQwest NV                   7.125 06/01/2009    EUR    0.068
Lehman Brothers Treasur       6.250 09/05/2011    EUR    0.100
Lehman Brothers Treasur      16.800 8/21/2009     USD    0.100
Lehman Brothers Treasur      14.100 11/12/2008    USD    0.100
Lehman Brothers Treasur       6.000 08/07/2013    EUR    0.100
Waste Italia SpA             10.50011/15/2019     EUR    0.727
Lehman Brothers Treasur      11.00012/19/2011     USD    0.100
Lehman Brothers Treasur      15.000 3/30/2011     EUR    0.100
Lehman Brothers Treasur       6.600 2/22/2012     EUR    0.100
Lehman Brothers Treasur       6.000 2/14/2012     EUR    0.100
Lehman Brothers Treasur       4.690 2/19/2017     EUR    0.100
Lehman Brothers Treasur       1.750 02/07/2010    EUR    0.100
Lehman Brothers Treasur       7.000 2/15/2012     EUR    0.100
Lehman Brothers Treasur       5.200 3/19/2018     EUR    0.100
Deutsche Bank AG/London       2.00010/25/2023     TRY   63.967
Kaupthing ehf                 5.000 01/04/2027    SKK    0.250
Lehman Brothers Treasur       4.82012/18/2036     EUR    0.100
Lehman Brothers Treasur      12.000 7/13/2037     JPY    0.100
Lehman Brothers Treasur      10.000 06/11/2038    JPY    0.100
Lehman Brothers Treasur       4.200 12/03/2008    HKD    0.100
Lehman Brothers Treasur       8.875 1/28/2011     HKD    0.100
LBI ehf                       5.080 03/01/2013    ISK    8.625
Heta Asset Resolution A       5.27012/31/2023     EUR    2.078
Credit Suisse AG/London       0.500 01/08/2026    BRL   66.294
Lehman Brothers Treasur      11.25012/31/2008     USD    0.100
Lehman Brothers Treasur       3.000 09/12/2036    JPY    0.100
Lehman Brothers Treasur       5.250 04/01/2023    EUR    0.100
Lehman Brothers Treasur       6.700 4/21/2011     USD    0.100
Lehman Brothers Treasur      13.00012/14/2012     USD    0.100
Lehman Brothers Treasur       4.680 12/12/2045    EUR    0.100
Getin Noble Bank SA           5.280 1/31/2024     PLN   68.000
Lehman Brothers Treasur       5.000 05/02/2022    EUR    0.100
Lehman Brothers Treasur      16.00012/26/2008     USD    0.100
Lehman Brothers Treasur      11.000 07/04/2011    USD    0.100
Lehman Brothers Treasur      11.000 07/04/2011    CHF    0.100
Lehman Brothers Treasur       5.550 03/12/2015    EUR    0.100
Lehman Brothers Treasur       3.000 06/03/2010    EUR    0.100
Lehman Brothers Treasur      12.400 06/12/2009    USD    0.100
Lehman Brothers Treasur      23.300 9/16/2008     USD    0.100
Lehman Brothers Treasur       2.400 6/20/2011     JPY    0.100
Lehman Brothers Treasur       7.000 4/24/2009     USD    0.100
Lehman Brothers Treasur      16.000 11/09/2008    USD    0.100
Lehman Brothers Treasur      10.600 4/22/2014     MXN    0.100
Lehman Brothers Treasur      16.200 5/14/2009     USD    0.100
Lehman Brothers Treasur       1.000 05/09/2012    EUR    0.100
SG Issuer SA                  3.000 10/10/2034    ZAR   47.033
Kaupthing ehf                 3.750 02/01/2045    USD    0.232
Lehman Brothers Treasur       8.600 7/31/2013     GBP    0.100
Lehman Brothers Treasur       8.280 7/31/2013     GBP    0.100
Lehman Brothers Treasur       7.500 7/31/2013     GBP    0.100
Lehman Brothers Treasur       7.320 7/31/2013     GBP    0.100
Lehman Brothers Treasur       1.280 11/06/2010    JPY    0.100
Lehman Brothers Treasur       1.950 11/04/2013    EUR    0.100
Instabank ASA                 5.500 3/28/2028     NOK   64.574
Laurel GmbH                   7.12511/16/2017     EUR    7.750
Mriya Agro Holding PLC       10.950 3/30/2016     USD    5.000
IT Holding Finance SA         9.87511/15/2012     EUR    0.231
AKB Peresvet ZAO             13.250 4/25/2018     RUB   19.625
Lehman Brothers Treasur       3.000 9/13/2010     JPY    0.100
Lehman Brothers Treasur       3.860 9/21/2011     SGD    0.100
Lehman Brothers Treasur      10.000 3/27/2009     USD    0.100
Lehman Brothers Treasur       0.250 7/21/2014     EUR    0.100
Lehman Brothers Treasur       7.750 1/30/2009     EUR    0.100
Lehman Brothers Treasur       2.00010/28/2010     EUR    0.100
Lehman Brothers Treasur       7.00011/28/2008     CHF    0.100
Lehman Brothers Treasur       5.750 6/15/2009     CHF    0.100
Lehman Brothers Treasur       4.000 4/13/2011     CHF    0.100
Lehman Brothers Treasur       3.850 4/24/2009     USD    0.100
Lehman Brothers Treasur      10.500 08/09/2010    EUR    0.100
Lehman Brothers Treasur       5.00010/24/2008     CHF    0.100
Lehman Brothers Treasur       4.000 4/24/2009     USD    0.100
Lehman Brothers Treasur       8.500 07/06/2009    CHF    0.100
IT Holding Finance SA         9.87511/15/2012     EUR    0.231
Lehman Brothers Treasur       9.250 6/20/2012     USD    0.100
Nota-Bank OJSC               13.500 04/01/2016    RUB   31.500
Lehman Brothers Treasur       4.350 08/08/2016    SGD    0.100
Lehman Brothers Treasur       4.500 03/06/2013    CHF    0.100
Lehman Brothers Treasur       4.500 08/02/2009    USD    0.100
Lehman Brothers Treasur       4.870 10/08/2013    USD    0.100
Lehman Brothers Treasur       4.000 12/02/2012    EUR    0.100
Lehman Brothers Treasur       3.700 06/06/2009    EUR    0.100
Northland Resources AB       15.000 7/15/2019     USD    2.621
Heta Asset Resolution A       7.50012/31/2023     ATS    2.078
Lehman Brothers Treasur       5.25011/21/2009     USD    0.100
Deutsche Bank AG/London       0.500 04/05/2038    MXN   24.204
Lehman Brothers Treasur       0.500 2/16/2009     EUR    0.100
Lehman Brothers Treasur       4.250 3/13/2021     EUR    0.100
Lehman Brothers Treasur       3.000 08/08/2017    EUR    0.100
Rosbank PJSC                  0.040 4/30/2024     RUB   65.000
LBI ehf                       2.250 2/14/2011     CHF    8.625
Lehman Brothers Treasur       6.000 3/17/2011     EUR    0.100
Petromena ASA                 9.750 5/24/2016     NOK    0.607
Rosbank PJSC                  0.010 4/30/2024     RUB   65.000
Instabank ASA                 9.380               NOK   57.265
Lehman Brothers Treasur       8.000 4/20/2009     EUR    0.100
Rosbank PJSC                  0.020 4/30/2024     RUB   65.000
Sidetur Finance BV           10.000 4/20/2016     USD    3.532
Lehman Brothers Treasur       7.50010/24/2008     USD    0.100
Lehman Brothers Treasur       6.00010/24/2008     EUR    0.100
Lehman Brothers Treasur       7.500 9/13/2009     CHF    0.100
Lehman Brothers Treasur       9.000 6/13/2009     USD    0.100
Lehman Brothers Treasur       9.000 3/17/2009     GBP    0.100
SAir Group                    2.750 7/30/2004     CHF   12.625
Lehman Brothers Treasur       7.250 10/06/2008    EUR    0.100
Lehman Brothers Treasur       8.000 5/22/2009     USD    0.100
Lehman Brothers Treasur       7.000 4/14/2009     EUR    0.100
Leonteq Securities AG/G      12.900 1/29/2021     USD    3.560
Vontobel Financial Prod       5.300 1/29/2021     EUR   74.320
DekaBank Deutsche Giroz       7.000 02/01/2021    EUR   62.040



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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 2021.  All rights reserved.  ISSN 1529-2754.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.

Information contained herein is obtained from sources believed to
be reliable, but is not guaranteed.

The TCR Europe subscription rate is US$775 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for
members of the same firm for the term of the initial subscription
or balance thereof are US$25 each.  For subscription information,
contact Peter Chapman at 215-945-7000.


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