---

       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 10, 2022, Vol. 23, No. 1

                           Headlines



G E O R G I A

SILKNET JSC: Fitch Rates USD300MM Sr. Unsec. Notes 'B(EXP)'
SILKNET JSC: Moody's Affirms B1 CFR, Alters Outlook to Stable


I R E L A N D

CARLYLE EURO 2021-3: Fitch Rates Class E Tranche Final 'B-'
CARLYLE EURO 2021-3: S&P Assigns B- (sf) Rating to Class E Notes


S P A I N

SPANAIR: Files for Bankruptcy, Faces Debts of Up to EUR300MM


U N I T E D   K I N G D O M

COLLATERAL: Two Brothers Face Fraud Charges Over Collapse
D&M MEATS: Goes Into Administration
REDCASTLE LTD: Unsecured Creditors Set to Get Payment This Month
TELETEXT HOLIDAYS: Goes Into Liquidation
TOGETHER ENERGY: May Run Out of Funding Later This Month

TOWER BRIDGE 2022-1: Fitch Rates Class X Tranche 'BB+(EXP)'


X X X X X X X X

[*] BOND PRICING: For the Week January 3 to January 7, 2022

                           - - - - -


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

SILKNET JSC: Fitch Rates USD300MM Sr. Unsec. Notes 'B(EXP)'
-----------------------------------------------------------
Fitch Ratings has assigned Silknet JSC's forthcoming USD300 million
senior unsecured notes an expected rating of 'B(EXP)' with a
Recovery Rating of 'RR4'.

The company plans to use the proceeds from the debt issuance to
refinance its current USD200 million Eurobond due in 2024 and
lari-denominated bonds due in 2022, to fund shareholder
distributions and for general-corporate purposes. Silknet has the
ability to repay some of the new bond shortly after issuance. The
final rating on the notes is contingent upon receipt of the final
documents conforming to information already received.

Fitch expects Silknet's funds from operations (FFO) net leverage to
remain within Fitch's 'B' rating sensitivities following the
transaction.

Silknet is the incumbent telecoms operator in Georgia with an
extensive backbone and last-mile infrastructure across the country.
Its acquisition of Geocell, the second-largest mobile operator in
Georgia in 2018 has turned Silknet into a diversified telecom
services provider and more than doubled its revenue and EBITDA.
However, the company's small absolute size remains a strategic
weakness. Fitch expects the company's Fitch-defined EBITDA to be
about USD61 million in 2021 (assuming a GEL/USD exchange rate of
3.1).

KEY RATING DRIVERS

Leverage Within Thresholds: Fitch expects Silknet's FFO net
leverage to be within Fitch's 'B' rating sensitivities in
2021-2022. Leverage peaked at 3.4x in 2020, due to the lari's
devaluation, negative EBITDA impact from the pandemic and a payment
for a plot of land in Tbilisi. Fitch forecasts leverage at 3.2x at
end-2021 and to gradually decrease to 2.8x by 2024 on
revenue-and-EBITDA recovery. Fitch estimates that a one-off 5% lari
devaluation under Fitch's forecast in 2022-2024 would hinder
deleveraging in these years.

A more pronounced deleveraging in 2022-2024 is hampered by
shareholder distributions and put option guarantee, which Fitch
treats as new debt in 2024. These factors cumulatively increase
leverage by about 0.5x in 2024.

Significant FX Mismatch: Silknet has a high foreign-exchange (FX)
exposure, as all of its post-refinancing debt and above 80% of its
capex are denominated in foreign currencies, while most of its
revenue is in local currency. It hedges part of its debt with
cross-currency swaps and by keeping most of its cash in US dollars,
though Fitch expects an unhedged portion of debt to remain high.
Due to the high FX exposure, Silknet remains sensitive to
fluctuations in exchange rates. Its substantial FX risk is
reflected in Fitch's tighter leverage thresholds relative to
peers'.

Data-driven Recovery: Fitch expects Silknet's revenue to grow by
medium-to-high single-digit percentages in 2021, following a 1.3%
decline in 2020 due to the pandemic. As the Georgian economy
gradually recovers, an increase in data consumption underpins
Silknet's mobile retail revenue, which grew 9% yoy in 9M21. Its
mobile internet traffic has increased four-fold since 9M19 and
Fitch expects the upward trend to continue, supported by short
unlimited data packages first introduced in 2020. Fitch forecasts
mobile revenue to grow by single-digit percentages in 2022-2024, as
Silknet's mobile internet penetration gradually increases on
network modernisation.

Market Shares Under Pressure: Despite strong revenue growth,
Silknet has ceded around 1% of its revenue market share at end-9M21
in each of its core segments: mobile, fixed broadband, and pay-TV.
Its key rival, Magticom has gained market share in mobile and fixed
broadband. Fitch expects Silknet to limit further market-share
erosion, as it has almost completed its 4G upgrade in 2021 and
continues its fiber network roll-out.

Regulatory Turnaround Supportive: Following the Georgian
Communications Commission abolition of mobile retail price
regulation, mobile operators are no longer obliged to seek
regulatory approval to change or cancel existing tariffs or
packages. Fitch thus assumes Silknet will gradually raise tariffs
in 2022-2023, which should not lead to significant market-share
changes, as Fitch expects other operators in the Georgian market to
follow suit. The regulator also has delayed the upcoming MVNO
access regulation until 2022. Fitch sees both these events as
credit-positive for Silknet.

Modest Cash Flow Generation: Fitch forecasts Silknet to generate
positive free cash flow (FCF) after refinancing expenses on average
at 3% of revenue in 2021-2023. Fitch expects capex to be at 21%-22%
of sales during this period, compared with an average 35% in
2019-2020. Fitch expects FCF to be weighed down by planned USD15
million shareholder distributions in two equal tranches in 2022 and
2023.

Dominant Shareholder Influence: Silknet's ultimate parent Silk Road
Group can exercise significant influence on the company. This is
demonstrated by the latter bypassing formal restrictions on
dividends when it guaranteed GEL35 million of its shareholder's
loan in 2016, a land plot acquisition from a related party in 2020,
and the recent USD18 million guarantee provided to the company's
parent with respect to a put option held by Silknet's current CEO.
This option gives the CEO the right to sell its 5% equity stake to
Silknet Holding.

This shareholder's influence is reflected in Fitch's ESG Relevance
score of '4' for Governance Structure. Silknet's governance is
commensurate with the 'B' rating category. Its outstanding and
expected Eurobond documentation has restrictions on both
shareholder distributions and shareholder's access to Silknet's
cash flows, which Fitch nevertheless believes offer some creditor
protection. Silk Road Group does not publicly disclose its
financial results.

DERIVATION SUMMARY

Silknet's peers group includes emerging-markets telecom operators
Kazakhtelecom JSC (BBB-/Stable), PJSC Tattelecom (BB/Stable), PJSC
VF Ukraine (B/Positive), PJSC Mobile TeleSystems (BB+/Positive),
Turkcell Iletisim Hizmetleri A.S.'s (BB-/Negative) and Turk
Telekomunikasyon A.S. (BB-/Negative).

Silknet benefits from its established customer franchise and the
wide network of a fixed-line telecoms incumbent, combined with a
growing mobile business similar to Kazakhtelecom's and
Tattelecom's. However, Silknet is smaller in size, faces high FX
risks and is only the second-largest telecoms operator in Georgia.
Its corporate governance is shaped by dominant shareholder
influence.

Silknet's operating profile compares well with that of VF Ukraine
by size, market position, competitive environment and
profitability. Similar to VF Ukraine, Silknet has significant FX
risks and corporate- governance weaknesses. At the same time
Silknet is better-diversified with a presence in the
fixed-line/broadband segment but faces a stricter regulatory
environment. MTS and Turkish peers are significantly larger in
scale and benefit from product diversification.

Similar to Turkcell, Turk Telecomunikasyon and VF Ukraine,
Silknet's FX risk also results in tighter leverage thresholds for
any given rating compared with that of other rated companies in the
sector.

KEY ASSUMPTIONS

-- Revenue to grow by medium-to-high single-digit percentages in
    2021, followed by low single-digit percentages in 2022-2024;

-- Fitch-defined EBITDA margin on average at 46.5% in 2021-2024,
    with content-cost amortisation treated as an operating-cash
    expense, reducing both EBITDA and capex, and lease expense
    deducted from EBITDA;

-- Capex at 21%-22% of revenue in 2021-2024;

-- Dividends of USD7.5 million in 2022 and 2023;

-- USD18 million guarantee treated as a new debt in 2024;

-- GEL/USD at 3.1 over 2021-2024.

KEY RECOVERY RATING ASSUMPTIONS

-- The recovery analysis assumes that Silknet would be deemed a
    going-concern (GC) in bankruptcy and that it would be
    reorganised rather than liquidated;

-- GEL777 million of unsecured debt outstanding at end-2022;

-- A 10% fee for administrative claims;

-- GC EBITDA estimate of GEL162 million reflects Fitch's view of
    a sustainable, post-reorganisation EBITDA upon which Fitch
    bases the valuation of the company;

-- An enterprise value (EV)/EBITDA multiple of 4.0x is used to
    calculate a post-reorganisation valuation, reflecting a
    conservative post-distressed valuation.

The Recovery Rating for Georgian issuers is capped at 'RR4' and
hence the rating of Silknet's senior unsecured instrument is
equalised with the Long-Term IDR of 'B' with 'RR4', although the
underlying recovery percentage is higher than the 50% implied by
'RR4'.

RATING SENSITIVITIES

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

-- Maintenance of sound market position, positive FCF generation,
    alongside comfortable liquidity and a record of improved
    corporate governance;

-- FFO net leverage sustainably below 3.0 x in the presence of
    significant FX risks.

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

-- FFO net leverage rising above 4.0x on a sustained basis
    without a clear path for deleveraging in the presence of
    significant FX risks;

-- A significant reduction in pre-dividend FCF generation driven
    by competitive or regulatory challenges;

-- A rise in corporate-governance risks due to, among other
    things, related-party transactions or up-streaming excessive
    distributions to shareholders.

BEST/WORST CASE RATING SCENARIO

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

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Silknet has adequate liquidity, supported by
cash and cash equivalents of about GEL76 million and an undrawn
revolving credit facility (RCF) of USD20 million at end-September
2021. After the new issuance and series of debt repayments in 2021
and 2022, Silknet will extend its key refinancing dates to 2027
when the new notes mature.

Following the issue of the new notes, Silknet replaces its RCF of
USD20 million with the obligation to keep at least the same amount
of cash and cash equivalents on its balance sheet.

ISSUER PROFILE

Silknet is the incumbent telecoms operator in Georgia with an
extensive backbone and last-mile infrastructure across the country.
The company holds sustainably strong market shares above 30% in the
mobile, fixed-voice, fixed-broadband and pay-TV segments, but is
only the second-largest after Magticom, its key rival.

ADDITIONAL DISCLOSURE

Fitch's rating committee last reviewed Silknet's ratings on 30
November 2021. The following criteria were applied at that time and
remain active at the time of this rating action commentary:
Corporate Rating Criteria, Sector Navigators - Addendum to the
Corporate Rating Criteria (both released on 15 October 2021), and
Corporates Recovery Ratings and Instrument Ratings Criteria
(released on 9 April 2021).

ESG CONSIDERATIONS

Silknet has an ESG Relevance score of 4 for Governance Structure
reflecting the dominant majority shareholder's influence over the
company and related-party transactions. This has a negative impact
on the credit profile, and is relevant to the rating in conjunction
with other factors.

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.

SILKNET JSC: Moody's Affirms B1 CFR, Alters Outlook to Stable
-------------------------------------------------------------
Moody's Investors Service has affirmed Silknet JSC's (Silknet or
the company) B1 corporate family rating (CFR) and B1-PD probability
of default rating (PDR). Concurrently, Moody's has assigned a B1
instrument to the new USD300 million senior unsecured notes due
2027 to be issued by the company and affirmed the B1 instrument
rating on the existing USD200 million senior unsecured notes due
2024. The outlook has been changed to stable from negative.

The net proceeds from the issuance of the new notes will be
approximately USD250 million after the deduction of the issuer
acquiring substantially immediately USD50 million of the new notes
and estimated costs and expenses. These net proceeds will be used
by the issuer to (1) repay the USD200 million senior unsecured
notes due April 2024 as soon as possible or by the optional
redemption date occurring in April 2022, (2) pay any premia and
fees payable in connection with the tender offer for the senior
unsecured notes due 2024, (3) to repay the senior unsecured notes
due 2022, and (4) to use the remaining proceeds for general
corporate purposes.

RATINGS RATIONALE

"The change of outlook to stable reflects (1) the improved
operating performance of Silknet from Q2 2021 driven among others
by the lifting of lockdowns imposed following the outbreak of the
coronavirus pandemic and the recovery of Georgia's (Ba2 stable)
economy, (2) the expectation of continued growth in revenue and
EBITDA at above mid-single digit rates over the next two years
driven by positive underlying growth in demand as well as more
favourable regulatory environment supporting the de-leveraging of
the company, (3) the improved maturity profile of Silknet pro forma
for the refinancing, and (4) the adequate liquidity position of the
company pro forma for the refinancing supported by a large cash
balance mitigating the termination of the existing USD20 million
revolving credit facility", says Sebastien Cieniewski, Moody's lead
analyst for Silknet.

These positives are nevertheless partly mitigated by (1) the
company's increased Moody's adjusted gross leverage to around 3.8x
as of the end of 2021 pro forma for the refinancing from 3.4x as of
the last twelve months (LTM) period to 30 September 2021, (2) the
more aggressive financial policy due to the possibility in the
legal documentation for the new bonds to pay up to USD15 million of
dividends over the next two fiscal years and the guarantee of up to
USD18 million provided to its parent company for the performance of
obligations under an option agreement with a shareholder, (3) the
increased exposure of the company to currency risk as pro forma for
the refinancing almost all of the debt will be unhedged compared to
c.70% based on the existing debt structure.

Silknet's revenue returned to growth in the first nine months of
2021 increasing by 8.1% to GEL306 million compared to the same
period last year. Growth was supported by a strong performance in
Q2 and Q3 of 2021, especially in mobile services, which recorded a
9% year-on-year growth thanks to strong increase in data.
Additionally, the company experienced increased carrier services
revenue primarily due to bulk SMS interconnect revenue, increase in
foreign visitor roaming as well as higher infrastructure capacity
rental volume. Adjusted EBITDA (as reported by the company)
increased by 7.0% to GEL168 million in the first nine months of
2021 compared to the same period last year as the strong revenue
growth was partly mitigated by the depreciation of the GEL against
the USD by 6% on a year-on-year basis (calculated on average
exchange rates) as well as increased electricity tariffs by
approximately 50% from January 2021. The adjusted EBITDA margin (as
reported by the company) was 55% in the first nine months of 2021
-- flat relative to the same period last year. Moody's projects
that Silknet will experience revenue growth at mid- to high-single
digit rates over the next two years driven by stronger economic
activity and price adjustments after the retail price regulation on
the mobile market was canceled.

Silknet's leverage, as measured by Moody's-adjusted gross
debt/EBITDA, stood at 3.4x as of the LTM period to Q3 2021 -- an
improvement from 3.8x as of the end of 2020 mainly driven by the
growth of EBITDA, the positive impact from the appreciation of the
GEL vs. the USD, and the repayment of the local bonds during the
period with cash. Pro forma for the issuance of the new notes, the
rating agency estimates adjusted gross leverage to increase to 3.8x
as of the end of 2021. Assuming a stable FX rate, the rating agency
projects adjusted gross leverage may decrease by more than 0.5x
over the next two years.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE CONSIDERATIONS

Moody's notes the risk associated with the private ownership of
Silknet by Rhinestream Holdings Limited and the track record of
related-party transactions, including upstream guarantees. The
legal documentation for the new senior secured notes contains
provisions allowing increased shareholder remuneration, including
through the carve-out to the restricted payments basket allowing
for the payment of a cumulative USD15 million of dividends by the
end of 2023.

LIQUIDITY

Moody's considers that Silknet will have an adequate liquidity
position pro forma for the issuance of the new notes. Liquidity
will be supported by the company's pro forma cash balance of
GEL179.4 million as of 30 September 2021. The company will
terminate the existing USD20 million revolving credit facility
(RCF) upon the refinancing of the USD200 million senior unsecured
notes due 2024. The rating agency notes however that there are
constraints on the company's liquidity, including a minimum cash
cushion of at least USD20 million for at least the first 12 months
after the issuance of the new senior unsecured notes and the
existence of a guarantee agreement with Silknet Holding LLC, the
company's parent, of up to USD18 million to support the latter's
obligations through an option agreement with one of its
shareholders. However, Moody's notes that guarantee, if triggered,
will result in payments starting from 2025 at the earliest which
will be spread over six annual installments.

Silknet's new USD300 million senior unsecured notes due 2027 are
rated B1, at the same level as the company's CFR. The instrument
rating reflects the absence of any meaningful liabilities ranking
behind or ahead.

RATING OUTLOOK

The stable outlook reflects Moody's expectation that Silknet will
experience continued growth in revenue and EBITDA over the next two
years and benefit from a stabilization of the Georgian Lari vs. the
USD supporting a de-leveraging of the company to below 3.5x over
the period.

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

Positive pressure on the rating could arise if (1) Silknet
maintains a track record of strong performance as a leading
convergent operator, (2) leverage, as measured by Moody's adjusted
gross debt/EBITDA, decreases to below 2.5x, (3) the company
maintains a good liquidity position, and (4) Silknet adopts a more
prudent management of foreign currency risk. Conversely, negative
pressure on the rating could arise if (1) adjusted gross leverage
increases towards 4.0x, (2) Silknet's coverage ratio measured by
retained cash flow/debt weakens to below 15% on a sustained basis,
(3) the company's liquidity deteriorates, or (4) the company's
business profile weakens due to negative developments in the
market, including from increased competition.

COMPANY PROFILE

Silknet is a leading telecommunications operator domiciled in
Georgia in terms of subscribers. Following the acquisition of the
country's second-largest mobile operator Geocell in March 2018,
Silknet now provides a full range of telecommunications services,
including fixed broadband, pay television, fixed line and mobile
services, to residential and corporate customers in Georgia. The
company also provides wholesale connectivity and related services
to domestic and international telecommunications operators. Silknet
is privately owned by Rhinestream Holdings Limited through its
wholly owned subsidiary Silknet Holding LLC.



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

CARLYLE EURO 2021-3: Fitch Rates Class E Tranche Final 'B-'
-----------------------------------------------------------
Fitch Ratings has assigned Carlyle Euro CLO 2021-3 DAC final
ratings.

      DEBT                 RATING              PRIOR
      ----                 ------              -----
Carlyle Euro CLO 2021-3 DAC

A-1 XS2411210896     LT AAAsf   New Rating    AAA(EXP)sf
A-2-A XS2411210979   LT AAsf    New Rating    AA(EXP)sf
A-2-B XS2411211274   LT AAsf    New Rating    AA(EXP)sf
B XS2411211605       LT Asf     New Rating    A(EXP)sf
C XS2411211514       LT BBB-sf  New Rating    BBB-(EXP)sf
D XS2411211787       LT BB-sf   New Rating    BB-(EXP)sf
E XS2411212249       LT B-sf    New Rating    B-(EXP)sf
Subordinated Notes   LT NRsf    New Rating    NR(EXP)sf
XS2411212165

TRANSACTION SUMMARY

Carlyle Euro CLO 2021-3 DAC is a securitisation of mainly senior
secured loans with a component of senior unsecured, mezzanine, and
second-lien loans. The note proceeds have been used to fund an
identified portfolio with a target par of EUR400 million. The
portfolio is managed by CELF Advisors LLP, which is part of the
Carlyle Group. The CLO envisages a five-year reinvestment period
and a nine-year weighted average life (WAL).

KEY RATING DRIVERS

Average Portfolio Credit Quality (Neutral): Fitch assesses the
average credit quality of obligors at 'B'/'B-'. The
Fitch-calculated weighted average rating factor (WARF) of the
identified portfolio is 24.5.

Strong Recovery Expectation (Positive): At least 90% of the
portfolio will comprise senior secured obligations. Fitch views the
recovery prospects for these assets as more favourable than for
second-lien, unsecured and mezzanine assets. The Fitch-calculated
weighted average recovery rate (WARR) of the identified portfolio
is 62.9%.

Diversified Portfolio (Positive): The top 10-obligor limit for the
transaction is at 20%. The transaction also includes various
concentration limits, including the maximum exposure to the
three-largest Fitch-defined industries in the portfolio at 40%.
These covenants ensure that the asset portfolio will not be exposed
to excessive concentration.

Portfolio Management (Neutral): The transaction includes
reinvestment criteria similar to those of other European
transactions. Fitch's analysis is based on a stressed-case
portfolio with the aim of testing the robustness of the transaction
structure against its covenants and portfolio guidelines.

Cash flow Modelling (Neutral): The WAL used for the transaction
stressed-case portfolio is 12 months less than the WAL covenant to
account for strict reinvestment conditions after the reinvestment
period, including the over-collateralisation (OC) and Fitch 'CCC'
limit tests together with a decreasing WAL covenant. These
conditions would reduce the effective risk horizon during stress
period.

RATING SENSITIVITIES

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

-- An increase of the default rate (RDR) at all rating levels by
    25% of the mean RDR and a decrease of the recovery rate (RRR)
    by 25% at all rating levels will result in downgrades of no
    more than four notches, depending on the notes, except for
    class X notes, which would see no rating impact.

-- Downgrades may occur if the build-up of credit enhancement
    following amortisation does not compensate for a larger loss
    expectation than initially assumed, due to unexpectedly high
    levels of defaults and portfolio deterioration.

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

-- An decrease of the RDR at all rating levels by 25% of the mean
    RDR and an increase of the RRR by 25% at all rating levels
    will result in upgrades of no more than five notches,
    depending on the notes, except for class X notes, which would
    see no rating impact.

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.

DATA ADEQUACY

The majority of the underlying assets or risk-presenting entities
have ratings or credit opinions from Fitch and/or other nationally
recognised statistical rating organisations and/or European
securities and markets authority registered rating agencies. Fitch
has relied on the practices of the relevant groups within Fitch
and/or other rating agencies to assess the asset portfolio
information or information on the risk-presenting entities.

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

CARLYLE EURO 2021-3: S&P Assigns B- (sf) Rating to Class E Notes
----------------------------------------------------------------
S&P Global Ratings assigned credit ratings to the class A-1 to E
European cash flow CLO notes issued by Carlyle Euro CLO 2021-3 DAC.
At closing, the issuer also issued unrated subordinated notes.

The ratings reflect S&P's assessment of:

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

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

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

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

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

Under the transaction documents, the rated notes will pay quarterly
interest unless a frequency switch event occurs. Following this,
the notes will permanently switch to semi-annual payments.

The portfolio's reinvestment period will end approximately five
years after closing and the non-call period will end two years
after closing.

The portfolio is well-diversified, primarily comprising broadly
syndicated speculative-grade senior secured term loans and senior
secured bonds. Therefore, we have conducted our credit and cash
flow analysis by applying our criteria for corporate cash flow
CDOs.

S&P said, "In our cash flow analysis, we used the EUR400 million
target par amount, the covenanted weighted-average spread (3.70%),
the reference weighted-average coupon (4.50%), and the actual
weighted-average recovery rate (WARR). 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.

"Our credit and cash flow analysis show that the class A-2A, A-2B,
B, C, and D notes benefit from break-even default rate (BDR) and
scenario default rate cushions that we would typically consider to
be in line with higher ratings than those assigned. However, as the
CLO is still in its reinvestment phase, during which the
transaction's credit risk profile could deteriorate, we have capped
our ratings on the notes. The class A-1 notes could withstand
stresses commensurate with the currently assigned rating. In our
view the portfolio is granular in nature, and well-diversified
across obligors, industries, and assets.

"The class E notes' current BDR cushion is negative at the 'B-'
rating level. Based on the portfolio's actual characteristics and
additional overlaying factors, including our long-term corporate
default rates and recent economic outlook, we believe this class is
able to sustain a steady-state scenario, in accordance with our
criteria." S&P's analysis reflects several factors, including:

-- The class E notes' available credit enhancement is in the same
range as that of other CLOs we have rated and that have recently
been issued in Europe.

-- S&P's BDR at the 'B-' rating level is 28.14%, versus a
portfolio default rate of 16.59% if we were to consider a long-term
sustainable default rate of 3.1% for a portfolio with a
weighted-average life of 5.35 years.

-- Whether the tranche is vulnerable to non-payment 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 E notes is commensurate with a 'B-
(sf)' rating.

S&P said, "Under our structured finance ratings above the sovereign
criteria, we consider that the transaction's exposure to country
risk is sufficiently mitigated at the assigned rating levels.

"Until the end of the reinvestment period on Jan. 6, 2027, the
collateral manager is allowed to substitute assets in the portfolio
for so long as our CDO Monitor test is maintained or improved in
relation to the initial ratings on the notes. This test looks at
the total amount of losses that the transaction can sustain as
established by the initial cash flows for each rating, and compares
that with the default potential of the current portfolio plus par
losses to date. As a result, until the end of the reinvestment
period, the collateral manager can, through trading, deteriorate
the transaction's current risk profile, as long as the initial
ratings are maintained."

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 S&P's legal criteria.

Taking into account the above-mentioned factors and following S&P's
analysis of the credit, cash flow, counterparty, operational, and
legal risks, we believe our ratings are commensurate with the
available credit enhancement for each class of notes.

The transaction securitizes a portfolio of primarily senior secured
leveraged loans and bonds, and is managed by CELF Advisors LLP, a
wholly owned subsidiary of Carlyle Investment Management LLC, which
is a Delaware limited liability company, indirectly owned by The
Carlyle Group L.P.

Environmental, social, and governance (ESG) factors

S&P said, "We regard the exposure to ESG credit factors in the
transaction as being broadly in line with our benchmark for the
sector. Primarily due to the diversity of the assets within CLOs,
the exposure to environmental credit factors is viewed as below
average, social credit factors are below average, and governance
credit factors are average. For this transaction, the documents
prohibit assets from being related to the following industries:
production or marketing of controversial weapons, tobacco or
tobacco-related products, nuclear weapons, thermal coal production,
speculative extraction of oil and gas, pornography or prostitution,
illegal drugs, physical casinos and online gambling, endangered
wildlife, palm oil, oil and gas extraction, oil exploration, opioid
manufacturing and distribution, coal, transportation of tar sands,
private prisons, soft commodities, adversely affecting animal
welfare, predatory lending, and controversial practices in land
use. Accordingly, since the exclusion of assets from these
industries does not result in material differences between the
transaction and our ESG benchmark for the sector, no specific
adjustments have been made in our rating analysis to account for
any ESG-related risks or opportunities.

"In addition to our standard analysis, to provide an indication of
how rising pressures among speculative-grade corporates could
affect our ratings on European CLO transactions, we have also
included the sensitivity of the ratings on the class A to D notes
to five of the 10 hypothetical scenarios we looked at in our
publication, "How Credit Distress Due To COVID-19 Could Affect
European CLO Ratings," published on April 2, 2020. The results
shown in the chart below are based on the actual weighted-average
spread, coupon, and recoveries.

"As 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, we have not included the above scenario analysis results
for the class E notes."

  Ratings List

  CLASS    RATING    AMOUNT  INTEREST RATE*       CREDIT
                   (MIL. EUR)                      ENHANCEMENT (%)

  A-1      AAA (sf)   244.00   Three-month EURIBOR    39.00
                               plus 0.95%

  A-2A     AA (sf)     36.00   Three-month EURIBOR    27.50
                               plus 1.70%

  A-2B     AA (sf)     10.00   2.10%                  27.50

  B        A (sf)      25.20   Three-month EURIBOR    21.20
                               plus 2.15%

  C        BBB- (sf)   26.80   Three-month EURIBOR    14.50
                               plus 3.50%

  D        BB- (sf)    19.20   Three-month EURIBOR     9.70
                               plus 6.46%

  E        B- (sf)     11.60   Three-month EURIBOR     6.80
                               plus 9.13%

  Sub notes   NR       35.80   N/A                      N/A

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

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




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

SPANAIR: Files for Bankruptcy, Faces Debts of Up to EUR300MM
------------------------------------------------------------
TNT Magazine reports that Spanair has filed for bankruptcy.

According to TNT Magazine, the Barcelona-based aviation company
were facing debts of up to EUR300 million.

Lawyers for the company are reportedly keen to avoid being forced
into involuntary bankruptcy by creditors, TNT Magazine notes.

Spanair employs around 4,000 people and is the 4th largest airline
in Spain.



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

COLLATERAL: Two Brothers Face Fraud Charges Over Collapse
---------------------------------------------------------
Harry Brennan at The Telegraph reports that two brothers who ran a
multi-million pound peer-to-peer lending company face criminal
charges for allegedly lying to investors about the safety of their
savings.

The Financial Conduct Authority has brought charges of fraud and
benefiting from the proceeds of crime against
Peter and Andrew Currie, who ran an unregulated peer-to-peer loans
firm called Collateral until it collapsed into administration in
2018, The Telegraph relates.

According to The Telegraph, the regulator has alleged that the pair
"dishonestly represented to investors that Collateral was
authorised and regulated by the FCA to operate as a peer-to-peer
lender knowing this was untrue".

The City watchdog further claims that the brothers, who are due to
appear at Westminster Magistrates Court on Jan. 26, knowingly
siphoned off money they had accepted from duped customers into
another company and a personal account, just after they were
ordered to cease trading for their alleged misconduct and fold the
firm, The Telegraph notes.

Individuals used the Collateral platform to invest in property
schemes and other projects.  The firm advertised returns of up to
12% a year on properties from terrace houses near the Blackpool
seafront to flats in Chelsea, The Telegraph discloses.

It is thought that a security flaw that allowed third parties to
manipulate the information displayed to consumers on the FCA’s
online list of regulated firms gave savers the reassurance to
invest thousands of pounds, according to The Telegraph.

BDO, an administration firm, was appointed to recover the debts
from borrowers to return to investors, The Telegraph recounts.
However, it has managed to recover only a fraction of the GBP14.8
million that had been secured against property and a further GBP1.7
million invested in jewellery and precious stones, The Telegraph
relays, citing its latest update.

According to The Telegraph, it said it had also found a discrepancy
between the money held in client accounts and the firm’s records,
which so far the directors have been unable to explain.

Collateral is now insolvent and in liquidation, The Telegraph
discloses.

They have yet to submit a plea, The Telegraph notes.


D&M MEATS: Goes Into Administration
-----------------------------------
Sam Greenway at Worcester News reports that Worcester butchers D&M
Meats has gone into administration.

According to Worcester News, D&M Meats, based at Venture Business
Park, has suddenly closed with a sign put up on its door saying:
"Regrettably D&M Meats Ltd has now gone into administration."

The administration is handled by insolvency firm Sale Smith & Co.,
Worcester News discloses.

It is unclear how many staff now face redundancy, Worcester News
notes.


REDCASTLE LTD: Unsecured Creditors Set to Get Payment This Month
----------------------------------------------------------------
Unless otherwise specified, all capitalized terms are as defined in
the proposal (the "Proposal") for a Company Voluntary Arrangement
of Redcastle (214 Oxford Street) Limited (in Administration) (the
"CVA"), which is available at
https://www.ia-insolv.com/case+INTERPATH+RCKC02A1715.html

The Joint Supervisors of the CVA disclosed that the implementation
Date of the CVA occurred on January 4, 2022.

From the Implementation Date, each Admitted CVA Claim shall be
limited to the pro-rata share detailed in the Proposal, and all
Released CVA Claims shall be compromised and released in full.  The
Joint Supervisors currently anticipate making a first payment to
unsecured creditors in January 2022.

If you have any queries about the Company Voluntary Arrangement,
contact George Berridge by email at
redcastle214cva@interpathadvisory.com


TELETEXT HOLIDAYS: Goes Into Liquidation
----------------------------------------
Emma Munbodh at Mirror.co.uk reports that travel giants Teletext
Holidays and Alpharooms have entered liquidation -- in a move that
could affect tens of thousands of holidaymakers still waiting on
refunds from the start of the Covid outbreak.

According to Mirror.co.uk, the administration, which affects more
than 4,000 holidaymakers, comes after the Travel Trust Association
(TTA) revoked the memberships of Teletext and Alpharooms on Jan. 7
on the back of financial concerns.

Truly Holdings, which owns both firms, has ceased trading,
Mirror.co.uk relays, citing the government's insolvency database.

It is understood that Robert Cundy and Bijal Shah of Edge Recovery
and Insolvency Practitioners were hired by Truly Holding to manage
the company's closure, Mirror.co.uk notes.

Entering liquidation means the company has effectively run out of
money -- any remaining funds will now be used to pay the people it
owes money to, Mirror.co.uk states.

According to Mirror.co.uk, the TTA, a trade body, confirmed that
directors at Truly Holdings, which owns both firms, "sought the
appointment of liquidators" after the company was pulled up by the
UK’s competitions watchdog for failing to pay out millions in
refunds for holidays cancelled due to pandemic restrictions.

It is also understood that Teletext Holidays is no longer taking
new bookings, although it will honour existing holiday,
Mirror.co.uk relays.

Any future bookings made via Alpharooms will not be fulfilled,
Mirror.co.uk says.

All Teletext package holidays will continue as planned.

If the firm goes bust, the TTA says you will still be able to go on
your holiday as normal, or receive a full refund, which will be
covered by ATOL, Mirror.co.uk notes.

If you have booked accommodation with Alpharooms, however, this
will no longer be valid, according to Mirror.co.uk.

However, you can claim for a refund, Mirror.co.uk states.  The TTA
said all customers with an Alpharooms accommodation-booking have
been contacted and offered a refund, Mirror.co.uk notes.

The CMA is in the process of taking Truly Holdings to court over a
failure by the company to fully refund those who had holidays
cancelled due to the pandemic, Mirror.co.uk relates.

The CMA, as cited by Mirror.co.uk, said it continues to monitor the
situation and will take action to claw back the money owed by Truly
Holdings.

A claims process for all customers awaiting refunds will be put in
place shortly by the TTA, according to Mirror.co.uk.


TOGETHER ENERGY: May Run Out of Funding Later This Month
--------------------------------------------------------
Mark Kleinman at Sky News reports that Together Energy, which is
50%-owned by Warrington Borough Council, is likely to run out of
money later in January without an emergency capital injection.

According to Sky News, a source close to a process run by advisers
to Together Energy said that Alvarez & Marsal (A&M), the
professional services firm, was close to concluding its hunt for
new funding for the business and that the prospect of a solvent
deal was now remote.

A spokeswoman for the company insisted on Jan. 5 that it was "still
in active conversations", Sky News notes.

A rescue deal would be at odds with the industry trend, which has
seen dozens of unhedged suppliers unable to withstand the pressures
created by turbulent global energy markets, Sky News states.

If it does collapse, Together Energy would be the 26th energy
supplier to cease trading since August, as spikes in wholesale
prices have left businesses hamstrung by the industry price cap,
according to Sky News.

It would be placed into Ofgem's Supplier of Last Resort (SOLR)
process, with other suppliers asked to bid to take on its customer
base, Sky News relates.

Together Energy, which has 350,000 accounts, insisted in November
that it was "looking to source strategic long-term funding for
growth, not short-term [capital]", although this account was
rejected by multiple industry sources, Sky News recounts.


TOWER BRIDGE 2022-1: Fitch Rates Class X Tranche 'BB+(EXP)'
-----------------------------------------------------------
Fitch Ratings has assigned Tower Bridge Funding 2022-1 PLC
(TBF2022-1) expected ratings.

DEBT            RATING
----            ------
Tower Bridge Funding 2022-1 PLC

A    LT AAA(EXP)sf   Expected Rating
B    LT AA-(EXP)sf   Expected Rating
C    LT A(EXP)sf     Expected Rating
D    LT BBB+(EXP)sf  Expected Rating
X    LT BB+(EXP)sf   Expected Rating
Z    LT NR(EXP)sf    Expected Rating

TRANSACTION SUMMARY

TBF2022-1 is a securitisation of owner-occupied (OO) and buy-to-let
(BTL) mortgages originated by Belmont Green Finance Limited (BGFL)
and backed by properties in the UK. The transaction includes recent
origination up to end-November 2021 and assets from Tower Bridge
Funding No.3 PLC.

KEY RATING DRIVERS

Mixed Pool, Specialist Assets: The mortgage pool comprises a mix of
recent and more seasoned OO (17.9%) and BTL (82.1%) loans. BGFL has
a manual approach to underwriting, which is typical for specialist
lenders, and focuses on borrowers that do not qualify on high
street lenders' automated scorecard criteria. This can include
borrowers with some level of adverse credit and complex incomes. As
a result, Fitch applied originator adjustments of 1.2x and 1.1x for
the OO and BTL sub-pools, respectively.

The mortgage pool contains 3.8% of loans with higher level of
adverse credit characteristics. Fitch has applied a higher lender
adjustment for these products of 1.5x for OO and 1.4x for BTL.

Self-employed Borrowers: BGFL's lending criteria under which the
portfolio was originated only requires one year's income and
underwriting practices allow underwriters' discretion in assessing
the income sustainability. Prime lenders assessing affordability
typically require a minimum of two years' income information and
apply a two-year average or if income is declining, the lower
figure.

Fitch therefore applied an increase of 30% to the foreclosure
frequency (FF) for self-employed borrowers to the OO sub-pool with
verified income instead of the 20% increase typically applied under
its UK RMBS Rating Criteria.

High-Yielding Assets, Strong Excess Spread: The assets in the
portfolio earn higher interest rates than is typical for prime
mortgages. As a result, the transaction can generate substantial
excess spread, given the assets generate significantly higher
yields than the notes' interest and transaction senior costs, which
supports the notes' ratings.

Prior to the step-up date the excess spread class X notes receive
principal via available excess spread in the revenue priority of
payments. On and after the step-up date, the available excess
spread is diverted to the principal waterfall and can be used to
amortise the notes. Fitch caps excess spread notes' ratings, and
therefore the class X notes, at 'BB+sf', while the accelerated
amortisation mechanism is positive for the senior and mezzanine
notes' ratings.

Interest Deferability: The interest payments for all rated
collateralised notes other than the class A notes are deferrable
until they become most senior. Fitch tested the class A and B
notes' ratings on a timely basis and assessed the liquidity
protection provided by the general reserve fund for the class C and
D notes. Fitch considers the available liquidity protection
adequate for the ratings. In line with its criteria, Fitch does not
expect material interest deferrals for any notes rated in the
'BBBsf' rating category or above.

RATING SENSITIVITIES

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

-- The transaction's performance may be affected by changes in
    market conditions and economic environment. Weakening economic
    performance is strongly correlated to increasing levels of
    delinquencies and defaults that could reduce credit
    enhancement available to the notes.

-- Additionally, unanticipated declines in recoveries could
    result in lower net proceeds, which may make certain notes
    susceptible to potential negative rating actions, depending on
    the extent of the decline in recoveries. Fitch tested a
    sensitivity of a 15% increase in the weighted average (WA) FF
    and a 15% decrease in the WA recovery rate (RR) and the
    results indicate downgrades of up to one category.

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

-- Stable to improved asset performance driven by stable
    delinquencies and defaults would lead to increasing credit
    enhancement and potential upgrades. Fitch tested an additional
    rating sensitivity scenario by applying a decrease in the FF
    of 15% and an increase in the RR of 15%. The impact on the
    mezzanine notes could be an upgrade of up to two notches.

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

Fitch was provided with Form ABS Due Diligence-15E (Form 15E) as
prepared by Pricewaterhouse Coopers. The third-party due diligence
described in Form 15E focused on evaluating the validity of certain
characteristics of the loan pool related to the issuance of the
notes by the issuer.

Fitch considered this information in its analysis and it did not
have an effect on Fitch's analysis or conclusions.

DATA ADEQUACY

Tower Bridge Funding 2022-1 PLC

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

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

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

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.



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

[*] BOND PRICING: For the Week January 3 to January 7, 2022
-----------------------------------------------------------
Issuer                Coupon   Maturity Currency Price
------                ------   -------- -------- -----
Mitsubishi UFJ Investor 3.928   12/15/2050 EUR   52.247
Aggregate Holdings SA   6.875   11/09/2025 EUR   65.000
Casino Guichard Perracho1.257              EUR   34.587
Casino Guichard Perracho3.992              EUR   64.708
Deutsche Lichtmiete AG  5.250   09/01/2025 EUR   9.655
Rallye SA               4.371   1/23/2023  EUR   21.504
Pierre Et Vacances SA   2.000   04/01/2023 EUR   28.559
Mallinckrodt Internation5.750   08/01/2022 USD   53.313
Accor SA                0.700   12/07/2027 EUR   51.649
Genfit                  3.500   10/16/2025 EUR   25.480
Andrade Gutierrez Intern9.500   12/30/2024 USD   65.600
Deutsche Lichtmiete AG  5.750   12/01/2023 EUR   18.376
Union Fenosa Preferentes1.067              EUR   70.625
Mallinckrodt Internation4.750   4/15/2023  USD   37.375
Nostrum Oil & Gas Financ8.000   7/25/2022  USD   24.667
Voltalia SA             1.000   1/13/2025  EUR   30.308
PB International BV     7.625   1/26/2022  USD   46.500
Quadient SA             3.375              EUR   58.116
Intelsat Jackson Holding5.500   08/01/2023 USD   45.500
Mallinckrodt Internation5.625   10/15/2023 USD   54.500
Rallye SA               4.000   2/28/2030  EUR   21.161
Korian SA               0.875   03/06/2027 EUR   57.056
Paragon GmbH & Co KGaA  4.500   07/05/2022 EUR   51.089
Moby SpA                7.750   2/15/2023  EUR   59.889
Air France-KLM          0.125   3/25/2026  EUR   15.852
Senvion Holding GmbH    3.875   10/25/2022 EUR   1.027
Wirecard AG             0.500   09/11/2024 EUR   11.500
Deutsche Lichtmiete Fina5.750   01/01/2023 EUR   15.310
Maisons du Monde SA     0.125   12/06/2023 EUR   47.882
Korian SA               1.875              EUR   42.472
EYEMAXX Real Estate AG  5.500   4/26/2023  EUR   4.498
Fuerstenberg Capital II 5.625              EUR   49.391
Paragon GmbH & Co KGaA  4.000   4/23/2023  CHF   46.100
Offshore Drilling Holdin8.375   9/20/2020  USD   8.000
Nostrum Oil & Gas Financ7.000   2/16/2025  USD   25.875
BAT International Financ2.250   09/09/2052 GBP   67.780
Mallinckrodt Internation5.500   4/15/2025  USD   55.000
Thomas Cook Group PLC   6.250   6/15/2022  EUR   0.504
Intelsat Connect Finance9.500   2/15/2023  USD   15.550
Intelsat Jackson Holding9.750   7/15/2025  USD   46.125
PREOS Global Office Real7.500   12/09/2024 EUR   69.000
Intelsat SA             4.500   6/15/2025  USD   14.775
Intelsat Jackson Holding8.500   10/15/2024 USD   45.938
Turkey Government Bond  11.000  2/24/2027  TRY   62.300
EYEMAXX Real Estate AG  5.500   9/24/2024  EUR   4.581
EYEMAXX Real Estate AG  5.500   7/22/2025  EUR   75.000
Metro Bank PLC          5.500   6/26/2028  GBP   66.237
Hylea Group SA          7.250   12/01/2022 EUR   4.500
Rallye SA               3.250   02/08/2024 CHF   20.552
HOCHDORF Holding AG     2.500              CHF   58.258
Intu Debenture PLC      5.562   12/31/2027 GBP   40.125
Econocom Group SA/NV    0.500   03/06/2023 EUR   7.725
Air Berlin PLC          8.250   4/19/2018  EUR   0.853
Hellenic Bank PCL       10.000             EUR   60.240
Koninklijke Luchtvaart M0.750              CHF   18.750
O1 Properties Finance PL0.500   9/27/2028  USD   10.617
FIGEAC-AERO             1.125   10/18/2022 EUR   22.696
Avangardco Investments P10.000  10/29/2018 USD   0.653
Travelex Financing PLC  8.000   5/15/2022  EUR   1.839
Privatbank CJSC Via UK S10.250  1/23/2018  USD   4.766
Turkey Government Bond  9.000   7/24/2024  TRY   73.000
Intelsat Luxembourg SA  8.125   06/01/2023 USD   0.875
Rallye SA               4.000   11/23/2020 CHF   15.010
Lehman Brothers UK Capit5.125              EUR   35.000
Neoen SA                1.875   10/07/2024 EUR   43.572
Tresu Investment Holding5.000   02/02/2025 EUR   50.980
UkrLandFarming PLC      10.875  3/26/2018  USD   1.643
Pentracor GmbH          8.500   5/29/2025  EUR   26.750
Aggregate Holdings SA   5.500   5/17/2024  EUR   68.930
Stichting Afwikkeling On11.250             EUR   0.416
Rallye SA               5.250   02/01/2022 EUR   20.430
Neoen SA                2.000   06/02/2025 EUR   53.460
Yuksel Insaat AS        9.500   11/10/2015 USD   0.108
Thomas Cook Finance 2 PL3.875   7/15/2023  EUR   0.732
OGX Austria GmbH        8.375   04/01/2022 USD   0.002
Debenhams PLC           5.250   7/15/2021  GBP   0.735
Barclays Bank PLC       12.000  9/24/2025  TRY   62.536
EA Partners I BV        6.875   9/28/2020  USD   0.589
Norddeutsche Landesbank-7.490              EUR   62.653
Intelsat Luxembourg SA  7.750   06/01/2021 USD   0.500
Scandinavian Airlines Sy0.625              CHF   17.600
Jain International Tradi7.125   3/31/2026  USD   28.000
Banco Espirito Santo SA 7.125   11/28/2023 EUR   0.581
Bourbon Corp            8.305              EUR   0.437
Galapagos Holding SA    7.000   6/15/2022  EUR   0.010
Nexity SA               0.250   03/02/2025 EUR   66.710
Deutsche Bank AG/London 2.952   11/26/2034 USD   80.500
Elli Finance UK PLC     8.750   6/15/2019  GBP   64.500
Solarworld AG           9.691   2/24/2019  EUR   13.000
FF Group Finance Luxembo3.250   11/02/2021 CHF   7.658
Lehman Brothers UK Capit3.875              EUR   35.000
Nexity SA               0.875   4/19/2028  EUR   57.162
Joh Friedrich Behrens AG6.250   6/18/2024  EUR   27.001
Cirio Finance Luxembourg7.500   11/03/2002 EUR   1.613
Rickmers Holding AG     8.875   06/11/2018 EUR   0.702
Air Berlin PLC          6.750   05/09/2019 EUR   0.502
Fuerstenberg Capital Ers1.020              EUR   49.792
Itas Istituto Trentino A5.000   12/17/2031 EUR   66.343
Officine Maccaferri-SpA 5.750   06/01/2021 EUR   18.792
Hellenic Republic Govern2.085   7/25/2057  EUR   47.086
BNP Paribas SA          0.196   4/30/2033  USD   66.800
Norwegian Air Shuttle AS5.000   02/07/2023 SEK   42.120
Rallye SA               3.400   1/31/2022  EUR   21.084
Stichting Afwikkeling On6.250   10/26/2020 EUR   5.375
Orient Express Bank PJSC2.000              USD   31.564
FF Group Finance Luxembo1.750   07/03/2019 EUR   5.000
Allied Irish Banks PLC  12.500  6/25/2035  GBP   60.076
Ziton A/S               7.900   10/03/2022 EUR   70.000
Claranova SE            5.000   07/01/2023 EUR   1.090
Dexia Credit Local SA   1.172              EUR   3.354
EA Partners II BV       6.750   06/01/2021 USD   0.845
Immigon Portfolioabbau A5.772              EUR   11.834
Lloyds Bank PLC         0.211   1/31/2033  USD   66.095
International Industrial9.000   07/06/2011 EUR   0.052
Lloyds Bank PLC         2.436   7/29/2033  USD   74.622
Yell Bondco PLC         8.500   05/02/2023 GBP   70.019
OGX Austria GmbH        8.500   06/01/2018 USD   0.002
Lehman Brothers UK Capit6.900              USD   3.986
Air Berlin PLC          5.625   05/09/2019 CHF   0.570
Mitsubishi UFJ Investor 3.699   12/30/2099 EUR   5.000
Virgolino de Oliveira Fi11.750  02/09/2022 USD   0.795
Andrade Gutierrez Intern9.500   12/30/2024 USD   63.980
Espirito Santo Financial6.875   10/21/2019 EUR   0.244
Ghelamco Invest         4.500   5/23/2022  EUR   40.010
Praktiker AG            5.875   02/10/2016 EUR   0.069
DOF Subsea AS           8.810   11/27/2023 NOK   29.000
Dexia SA                1.227              EUR   2.989
KTG Agrar SE            7.125   06/06/2017 EUR   2.156
Hamon & CIE SA          3.300   1/31/2035  EUR   46.000
Alno AG                 8.500   5/14/2018  EUR   15.645
ESFIL-Espirito Santo Fin5.250   06/12/2015 EUR   0.111
Cirio Finanziaria SpA   8.000   12/21/2005 EUR   0.845
Espirito Santo Financial3.125   12/02/2018 EUR   0.797
Offshore Drilling Holdin8.375   9/20/2020  USD   8.000
Havila Shipping ASA     4.710   01/02/2025 NOK   40.000
Bank Otkritie Financial 10.000  4/26/2019  USD   9.096
Cirio Holding Luxembourg6.250   2/16/2004  EUR   0.723
Banca Popolare di Vicenz2.821   12/20/2017 EUR   0.100
Hellas Telecommunication6.054   1/15/2015  USD   0.001
Virgolino de Oliveira Fi10.500  1/28/2018  USD   0.797
REM Saltire Holding AS  7.000   12/31/2024 NOK   53.443
Lehman Brothers UK Capit5.750              EUR   7.000
Santhera Pharmaceuticals7.500   8/17/2024  CHF   75.073
Deutsche Bank AG/London 1.796   6/30/2034  USD   72.132
Jain International Tradi7.125   02/01/2022 USD   20.350
Agrokor dd              9.875   05/01/2019 EUR   15.000
New World Resources NV  4.000   10/07/2020 EUR   0.571
Autonomous Community of 2.965   09/08/2039 JPY   68.822
Societe Centrale des Boi2.500   5/15/2023  EUR   6.880
Senivita Social Estate A4.000   05/12/2025 EUR   7.020
Mallinckrodt Internation5.625   10/15/2023 USD   57.000
LBI ehf                 6.100   8/25/2011  USD   10.625
Privatbank CJSC Via UK S11.000  02/09/2021 USD   1.000
Mallinckrodt Internation5.750   08/01/2022 USD   56.063
Banca Popolare di Vicenz9.500   9/29/2025  EUR   0.049
Joh Friedrich Behrens AG7.750   11/11/2020 EUR   25.000
Cirio Del Monte NV      7.750   3/14/2005  EUR   0.347
OGX Austria GmbH        8.375   04/01/2022 USD   0.002
EDOB Abwicklungs AG     7.500   04/01/2012 EUR   2.790
Lloyds Bank PLC         0.352   4/26/2033  USD   66.493
Verimatrix SA           6.000   6/29/2022  EUR   3.760
DOF Subsea AS           9.500   3/14/2022  USD   29.125
EOS Imaging SA          6.000   5/31/2023  EUR   6.962
WD Invest Sarl          1.900   10/02/2024 EUR   11.728
Banco Espirito Santo SA 6.875   7/15/2016  EUR   24.500
Banco Santander SA      1.815              EUR   1.676
Rallye SA               1.000   10/02/2020 EUR   21.758
Sairgroup Finance BV    4.375   06/08/2006 EUR   1.568
Bilt Paper BV           10.360             USD   1.305
Finmek International SA 7.000   12/03/2004 EUR   2.193
Norske Skogindustrier AS7.000   12/30/2026 EUR   0.589
Nexity SA               0.125   01/01/2023 EUR   63.695
Mallinckrodt Internation5.500   4/15/2025  USD   54.960
Alitalia-Societa Aerea I5.250   7/30/2020  EUR   0.100
Erste Group Bank AG     4.350   2/20/2022  EUR   37.650
Cooperatieve Rabobank UA0.500   10/29/2027 MXN   63.026
Norske Skogindustrier AS2.000   12/30/2115 EUR   0.113
Rena GmbH               8.250   07/11/2018 EUR   2.096
Phosphorus Holdco PLC   10.000  04/01/2019 GBP   1.579
Saleza AS               9.000   07/12/2021 EUR   0.203
Barclays Bank PLC       1.032   3/21/2033  USD   74.689
Banco Espirito Santo SA 2.078              EUR   0.094
Windreich GmbH          6.500   03/01/2015 EUR   4.475
Societe Generale SA     21.000  12/23/2022 USD   63.850
Vneshprombank Ltd Via VP9.000   11/14/2016 USD   0.078
Privatbank CJSC Via UK S10.875  2/28/2018  USD   7.281
Hellas Telecommunication8.500   10/15/2013 EUR   0.839
Havila Shipping ASA     5.460   01/02/2025 NOK   25.367
Hema Bondco II BV       8.500   1/15/2023  EUR   0.112
Russian Federal Bond - O0.250   7/20/2044  RUB   14.850
SiC Processing GmbH     7.125   03/01/2016 EUR   2.424
Irish Bank Resolution Co0.566   6/21/2016  EUR   0.500
Elli Investments Ltd    12.250  6/15/2020  GBP   52.250
Windreich GmbH          6.500   7/15/2016  EUR   4.475
Depfa Funding III LP    0.235              EUR   39.353
Intelsat Connect Finance9.500   2/15/2023  USD   15.282
Banco Espirito Santo SA 2.258              EUR   0.236
Phones4u Finance PLC    9.500   04/01/2018 GBP   71.750
Del Monte Finance Luxemb6.625   5/24/2006  EUR   4.333
Steilmann SE            7.000   03/09/2017 EUR   1.429
Alpine Holding GmbH     5.250   06/10/2016 EUR   3.084
Center-Invest Commercial8.500   03/03/2022 RUB   70.220
Bulgaria Steel Finance B12.000  05/04/2013 EUR   0.216
Steilmann SE            7.000   9/23/2018  EUR   1.429
Cooperatieve Rabobank UA0.500   7/30/2043  MXN   16.687
Intelsat Jackson Holding8.500   10/15/2024 USD   45.946
Virgolino de Oliveira Fi10.500  1/28/2018  USD   0.750
Veragold Mining Co GmbH 5.000   12/31/2022 EUR   73.000
Corporate Commercial Ban8.250   08/08/2014 USD   0.308
Peach Property Group AG 1.750              CHF   50.000
German Pellets GmbH     7.250   07/09/2018 EUR   1.376
Credit Suisse AG/London 6.500   3/28/2022  USD   3.840
New World Resources NV  4.000   10/07/2020 EUR   0.571
Veneto Banca SpA        9.878   12/01/2025 EUR   0.571
Turkey Government Bond  11.700  11/13/2030 TRY   57.800
Premium Green PLC       0.600   10/31/2046 EUR   52.799
Alpine Holding GmbH     6.000   5/22/2017  EUR   3.084
Espirito Santo Financial9.750   12/19/2025 EUR   0.797
CRC Breeze Finance SA   6.110   05/08/2026 EUR   31.534
BOA Offshore AS         0.409   7/17/2047  NOK   7.612
Banco Espirito Santo SA 6.900   6/28/2024  EUR   24.516
Barclays Bank PLC       0.652   4/19/2033  USD   72.248
Enertronica Santerno SpA7.000   12/31/2022 EUR   66.010
Bank Nadra Via NDR Finan8.250   7/31/2018  USD   0.208
Virgolino de Oliveira Fi10.875  1/13/2020  USD   36.000
EFG International Financ10.500  02/07/2022 EUR   45.770
Cooperatieve Rabobank UA0.500   10/30/2043 MXN   15.630
Grupo Isolux Corsan SA  1.000   12/30/2021 EUR   0.083
Fuerstenberg Capital Dri1.609              EUR   55.000
A-TEC Industries AG     8.750   10/27/2014 EUR   0.100
International Industrial11.000  2/19/2013  USD   0.052
UBS AG/London           16.500  6/30/2022  USD   57.650
Vontobel Financial Produ18.000  6/24/2022  EUR   49.501
Rena GmbH               7.000   12/15/2015 EUR   2.096
SAS AB                  4.377              SEK   26.430
Vontobel Financial Produ17.750  3/25/2022  EUR   61.640
UBS AG/London           13.250  05/04/2022 USD   42.450
Societe Generale SA     8.600   7/29/2022  USD   50.050
Kommunekredit           0.500   7/30/2027  TRY   25.769
Air Berlin Finance BV   8.500   03/06/2019 EUR   0.228
Deutsche Bank AG/London #N/A N/A3/31/2034  USD   70.135
Solon SE                1.375   12/06/2012 EUR   0.745
Peine GmbH              2.000   07/05/2023 EUR   44.500
Island Offshore Shiphold3.030   6/30/2022  NOK   4.761
Cattles Ltd             8.125   07/05/2017 GBP   0.027
Sequa Petroleum NV      5.000   4/29/2020  USD   30.500
CBo Territoria          3.750   07/01/2024 EUR   4.750
Deutsche Bank AG/London 13.750  6/20/2026  TRY   71.099
Stichting Afwikkeling On6.625   5/14/2018  EUR   5.375
German Pellets GmbH     7.250   11/27/2019 EUR   1.376
German Pellets GmbH     7.250   04/01/2016 EUR   1.376
Grupo Isolux Corsan SA  6.000   12/30/2021 EUR   0.192
Aralco Finance SA       10.125  05/07/2020 USD   0.934
Norwegian Air Shuttle AS6.375   11/15/2024 USD   46.565
Intelsat Luxembourg SA  12.500  11/15/2024 USD   65.750
Alpine Holding GmbH     5.250   07/01/2015 EUR   3.084
Portugal Telecom Interna6.250   7/26/2016  EUR   0.285
Solarwatt GmbH          7.000   11/01/2015 EUR   15.500
Norske Skog Holding AS  8.000   2/24/2021  EUR   0.006
Barclays Bank PLC       0.500   1/28/2033  MXN   41.676
OGX Austria GmbH        8.500   06/01/2018 USD   0.002
Stichting Afwikkeling On2.203              EUR   0.416
Sairgroup Finance BV    6.625   10/06/2010 EUR   1.568
Depfa Funding II LP     6.500              EUR   63.967
Sidetur Finance BV      10.000  4/20/2016  USD   0.770
Barclays Bank PLC       0.956   3/28/2033  USD   72.257
SG Issuer SA            2.100   04/05/2033 EUR   30.770
Lehman Brothers Treasury7.585   11/22/2009 MXN   0.100
BNG Bank NV             10.010  6/17/2025  TRY   60.235
MS Deutschland Beteiligu6.875   12/18/2017 EUR   0.600
Deutsche Agrar Holding G7.250   9/28/2018  EUR   0.669
Elli Finance UK PLC     8.750   6/15/2019  GBP   64.500
Leonteq Securities AG   26.140  4/14/2022  CHF   64.490
Leonteq Securities AG/Gu10.000  3/22/2022  CHF   68.910
Turkiye Ihracat Kredi Ba12.540  9/14/2028  TRY   58.930
Agrokor dd              9.125   02/01/2020 EUR   15.000
La Veggia Finance SA    7.125   11/14/2004 EUR   0.287
Norske Skog Holding AS  8.000   2/24/2023  USD   0.006
Instabank ASA           5.970   3/28/2028  NOK   61.947
Senvion Holding GmbH    3.875   10/25/2022 EUR   1.027
Bank Julius Baer & Co Lt16.800  1/25/2022  USD   50.000
Barclays Bank PLC       0.333   11/08/2023 USD   9.490
WEB Windenergie AG      6.250              EUR   0.010
A-TEC Industries AG     5.750   11/02/2010 EUR   0.100
Deutsche Bank AG        0.687   10/11/2049 EUR   65.940
O1 Properties Finance PL8.250   9/27/2021  USD   10.617
Erotik-Abwicklungsgesell7.750   07/09/2019 EUR   0.779
Tonon Luxembourg SA     9.250   1/24/2020  USD   0.500
Nostrum Oil & Gas Financ8.000   7/25/2022  USD   26.674
Lehman Brothers Treasury5.220   03/01/2024 EUR   0.100
Waste Italia SpA        10.500  11/15/2019 EUR   0.550
Gebr Sanders GmbH & Co K8.750   10/22/2018 EUR   9.375
Erste Group Bank AG     5.550   8/30/2022  EUR   43.200
Credit Suisse AG/London 9.240   12/05/2024 USD   9.670
Cooperatieve Rabobank UA0.500   1/31/2033  MXN   39.502
Intelsat Jackson Holding9.750   7/15/2025  USD   45.950
KTG Agrar SE            7.250   10/15/2019 EUR   2.156
Region de Bruxelles-Capi0.444   3/19/2057  EUR   74.193
WEB Windenergie AG      2.250   9/25/2028  EUR   0.010
UBS AG/London           9.750   3/17/2023  CHF   61.950
Veneto Banca SpA        6.411              EUR   0.345
Kardan NV               6.325   2/21/2021  ILS   11.100
Natixis SA              0.300   6/25/2048  USD   51.230
Ahtium PLC              4.000   12/16/2015 EUR   0.586
Caixa Economica Montepio5.000              EUR   50.020
SAG Solarstrom AG       6.250   12/14/2015 EUR   31.000
Nostrum Oil & Gas Financ7.000   2/16/2025  USD   26.068
Norske Skogindustrier AS7.125   10/15/2033 USD   0.581
Leonteq Securities AG/Gu8.510   5/27/2022  USD   47.120
Credito Padano Banca di 3.100              EUR   33.875
WPE International Cooper10.375  9/30/2020  USD   5.000
Krakowski Bank Spoldziel3.580   9/20/2023  PLN   71.150
Windreich GmbH          6.750   03/01/2015 EUR   4.475
BNP Paribas Emissions- u15.000  6/23/2022  EUR   50.100
Muehl Product & Service 6.750   03/10/2005 DEM   0.111
Credit Agricole Corporat10.150  02/05/2025 TRY   64.358
Turkey Government Bond  1.500   10/09/2024 TRY   57.446
Eiendomskreditt AS      2.600   9/17/2029  NOK   68.910
SAir Group              6.250   10/27/2002 CHF   12.625
Air Berlin Finance BV   6.000   03/06/2019 EUR   0.228
SAG Solarstrom AG       7.500   07/10/2017 EUR   31.000
KPNQwest NV             10.000  3/15/2012  EUR   0.453
Purple Protected Asset  2.100   4/15/2060  EUR   69.593
Pervyi Konteinernyi Term0.010   02/06/2026 RUB   68.100
Moby SpA                7.750   2/15/2023  EUR   59.889
New World Resources NV  8.000   04/07/2020 EUR   0.510
Mifa Mitteldeutsche Fahr7.500   08/12/2018 EUR   2.100
Golden Gate AG          6.500   10/11/2014 EUR   35.100
Barclays Bank PLC       0.600   3/14/2023  USD   9.917
Cooperatieve Rabobank UA0.500   11/30/2027 MXN   62.174
Agrokor dd              8.875   02/01/2020 USD   15.000
Astana Finance BV       7.875   06/08/2010 EUR   16.000
Intelsat Jackson Holding9.750   7/15/2025  USD   45.950
Barclays Bank PLC       0.438   11/08/2023 USD   9.677
Landesbank Baden-Wuertte6.750   11/25/2022 EUR   68.710
Commerzbank AG          0.060   11/19/2029 EUR   66.592
Resa SA/Belgium         1.950   7/22/2036  EUR   50.010
Barclays Bank PLC       14.250  3/20/2023  USD   59.350
Yell Bondco PLC         8.500   05/02/2023 GBP   70.141
Elli Investments Ltd    12.250  6/15/2020  GBP   52.250
Luminis SA              1.800   09/02/2059 EUR   64.956
Societe Generale SA     9.000   7/22/2022  USD   47.000
Goldman Sachs & Co Wertp13.000  6/22/2022  EUR   63.120
Bank J Safra Sarasin AG/12.750  04/06/2022 CHF   74.160
Credit Suisse AG/London 5.000   1/19/2023  USD   9.500
Societe Generale SA     20.000  03/02/2022 USD   59.875
Getin Noble Bank SA     5.250   7/28/2023  PLN   66.620
Thomas Cook Group PLC   6.250   6/15/2022  EUR   0.504
Golfino AG              8.000   11/18/2023 EUR   0.020
Credit Suisse AG/London 4.700   11/30/2022 USD   9.870
Credit Suisse AG/London 7.020   12/05/2024 USD   9.970
Credit Agricole Corporat10.200  08/06/2026 TRY   57.683
Finance and Credit Bank 9.250   1/25/2019  USD   0.132
UBS AG/London           0.120   5/25/2040  MXN   17.731
UkrLandFarming PLC      10.875  3/26/2018  USD   1.643
Phosphorus Holdco PLC   10.000  04/01/2019 GBP   1.579
Leonteq Securities AG/Gu6.770   5/27/2022  USD   67.430
Raiffeisen Centrobank AG10.500  9/22/2022  EUR   79.000
Zurcher Kantonalbank Fin11.250  10/20/2022 USD   49.590
Stichting Afwikkeling On8.450   8/20/2018  USD   5.375
International Finance Fa0.500   6/29/2027  ZAR   66.733
Officine Maccaferri-SpA 5.750   06/01/2021 EUR   18.792
getgoods.de AG          7.750   10/02/2017 EUR   0.527
Bank Otkritie Financial 10.000  4/26/2019  USD   9.096
Credit Suisse AG/London 5.880   6/28/2023  USD   9.450
Thomas Cook Finance 2 PL3.875   7/15/2023  EUR   0.732
Hema Bondco II BV       8.500   1/15/2023  EUR   0.112
Lehman Brothers Treasury4.500   03/07/2015 EUR   0.100
Cooperatieve Rabobank UA0.500   8/21/2028  MXN   58.573
Deutsche Bank AG/London 0.500   10/18/2038 MXN   21.233
RENE LEZARD Mode GmbH   7.250   11/25/2017 EUR   0.200
Nizhniy Novgorod Region 6.750   6/14/2025  RUB   74.600
Intelsat Luxembourg SA  12.500  11/15/2024 USD   65.750
Santander Consumer Bank 5.530              NOK   48.347
Lloyds Bank PLC         0.500   7/26/2028  MXN   59.964
MOL Hungarian Oil & Gas 1.900   04/12/2031 HUF   69.600
Societe Generale SA     8.000   5/28/2027  USD   48.100
COFIDUR SA              0.100   12/31/2024 EUR   24.050
Luzerner Kantonalbank AG23.000  06/07/2022 CHF   49.000
Phones4u Finance PLC    9.500   04/01/2018 GBP   71.750
Virgolino de Oliveira Fi11.750  02/09/2022 USD   0.795
Societe Generale SA     16.000  07/03/2024 USD   49.266
Societe Generale SA     20.000  8/31/2023  USD   61.250
JP Morgan Structured Pro12.000  01/04/2027 ZMW   65.093
Steilmann SE            6.750   6/27/2017  EUR   2.184
Veneto Banca SpA        6.944   5/15/2025  EUR   0.571
Espirito Santo Financial5.050   11/15/2025 EUR   0.797
Lehman Brothers Treasury1.000   10/05/2035 EUR   0.100
ECM Real Estate Investme5.000   10/09/2011 EUR   15.375
Ukraine Government Bond 8.120   11/10/2035 UAH   63.259
Societe Generale SA     7.280   05/06/2024 USD   61.300
UBS AG/London           14.000  1/18/2024  USD   51.260
Alno AG                 8.000   3/21/2019  EUR   16.000
SAir Group              0.125   07/07/2005 CHF   12.625
Nizhniy Novgorod Region 6.100   5/27/2026  RUB   89.850
Lehman Brothers Treasury2.000   3/16/2035  EUR   0.100
AKB Peresvet ZAO        0.510   08/04/2034 RUB   30.010
Norske Skog Holding AS  8.000   2/24/2023  USD   0.006
UBS AG/London           26.250  9/26/2022  USD   62.650
Societe Generale SA     17.604  8/24/2023  USD   66.400
Credit Suisse AG/London 4.450   6/28/2023  USD   9.350
Cultura Sparebank       6.810              NOK   50.468
Agrokor dd              8.875   02/01/2020 USD   15.000
Grupo Isolux Corsan SA  1.000   12/30/2021 USD   0.083
Hellas Telecommunication6.054   1/15/2015  USD   0.001
Decipher Production Ltd 12.500  9/27/2019  USD   1.500
Espirito Santo Financial5.125   5/30/2016  EUR   0.528
Mriya Agro Holding PLC  9.450   4/19/2018  USD   4.667
RUSAL Bratsk OJSC       0.010   04/07/2026 RUB   66.610
DZ Bank AG Deutsche Zent9.270   6/24/2022  EUR   65.550
Societe Generale SA     21.000  02/02/2023 USD   71.000
Agrokor dd Via Aquarius 4.921   08/08/2017 EUR   14.625
Virgolino de Oliveira Fi10.875  1/13/2020  USD   36.000
NTRP Via Interpipe Ltd  10.250  08/02/2017 USD   29.500
Agrokor dd              9.875   05/01/2019 EUR   15.000
Pescanova SA            5.125   4/20/2017  EUR   0.319
Norske Skogindustrier AS7.125   10/15/2033 USD   0.581
KPNQwest NV             7.125   06/01/2009 EUR   0.453
Credit Agricole Corporat15.000  6/18/2026  TRY   72.957
BLT Finance BV          12.000  02/10/2015 USD   10.500
Societe Generale SA     8.000   08/09/2022 USD   50.000
SG Issuer SA            0.263   2/20/2025  EUR   18.180
Leonteq Securities AG/Gu16.000  8/30/2022  CHF   75.400
Leonteq Securities AG   20.360  9/20/2022  CHF   65.680
Aranynektar Termekgyarto3.500   04/03/2030 HUF   69.763
Credit Suisse AG/London 8.400   04/04/2022 USD   7.800
Northland Resources AB  12.250  3/26/2016  USD   2.621
Mox Telecom AG          7.250   11/02/2017 EUR   2.270
HSBC Bank PLC           0.500   12/22/2025 BRL   63.807
Banca Popolare di Vicenz9.500   10/02/2025 EUR   0.049
SAir Group              5.500   7/23/2003  CHF   12.625
Getin Noble Bank SA     5.250   1/31/2024  PLN   60.870
Veneto Banca SpA        6.950   2/25/2025  EUR   0.571
Portugal Telecom Interna5.242   11/06/2017 EUR   0.694
Lehman Brothers Treasury6.600   02/09/2009 EUR   0.100
Nordea Bank Abp         4.100   7/20/2023  SEK   51.500
Goldman Sachs & Co Wertp14.000  3/23/2022  EUR   61.970
Leonteq Securities AG/Gu2.800   04/01/2026 EUR   #N/A N/A
UBS AG/London           17.500  7/28/2022  CHF   77.050
Credit Suisse AG/London 15.000  11/02/2022 USD   75.550
City of Predeal Romania 4.050   5/15/2026  RON   69.000
Societe Generale SA     20.000  02/02/2023 USD   65.450
Tonon Luxembourg SA     12.500  5/14/2024  USD   0.399
Getin Noble Bank SA     7.840   11/30/2023 PLN   66.875
Credit Suisse AG        0.500   12/16/2025 BRL   64.177
Lehman Brothers Treasury6.720   12/29/2008 EUR   0.100
Mriya Agro Holding PLC  10.950  3/30/2016  USD   4.667
Mostotrest PJSC         0.010   7/29/2026  RUB   61.880
Leonteq Securities AG/Gu5.890   01/06/2022 EUR   73.050
SAir Group              5.125   03/01/2003 CHF   12.750
UBS AG/London           19.500  08/11/2022 CHF   62.000
Gold-Zack AG            7.000   12/14/2005 EUR   1.510
Rosbank PJSC            0.030   4/30/2024  RUB   65.000
Pongs & Zahn AG         8.500              EUR   0.053
UBS AG/London           9.500   2/28/2022  CHF   46.150
Turkey Government Bond  10.600  02/11/2026 TRY   66.650
Lehman Brothers Treasury2.875   3/14/2013  CHF   0.100
Minicentrales Dos SA    0.010   06/06/2047 EUR   59.345
Ukraine Government Bond 8.220   05/10/2035 UAH   64.305
Ukraine Government Bond 6.000   1/22/2031  UAH   58.640
EFG International Financ11.000  06/10/2022 USD   51.260
UniCredit Bank AG       6.600   7/20/2028  EUR   63.300
UBS AG/London           16.300  01/08/2024 EUR   42.050
Leonteq Securities AG   12.000  06/01/2022 CHF   50.730
Societe Generale SA     15.000  07/03/2024 USD   48.150
Leonteq Securities AG/Gu22.770  8/30/2022  CHF   73.030
Credit Suisse AG/London 16.300  12/26/2023 USD   65.220
Societe Generale SA     11.000  7/14/2026  USD   52.750
DZ Bank AG Deutsche Zent19.400  3/25/2022  EUR   43.940
Zurcher Kantonalbank Fin15.200  9/21/2022  USD   55.010
Societe Generale SA     18.000  01/03/2024 USD   45.000
Societe Generale SA     22.000  11/03/2022 USD   63.450
Raiffeisen Schweiz Genos6.600   3/23/2022  CHF   62.780
Barclays Bank PLC       2.730   9/27/2024  EUR   55.130
Leonteq Securities AG   3.600   9/22/2026  CHF   59.530
JP Morgan Structured Pro12.000  8/28/2026  ZMW   71.835
Luzerner Kantonalbank AG10.120  12/23/2022 CHF   65.550
Societe Generale SA     20.000  12/30/2022 USD   72.000
DeloPorts LLC           0.010   11/14/2025 RUB   70.110
EFG International Financ11.120  12/27/2024 EUR   39.020
Heta Asset Resolution AG7.500   12/31/2023 ATS   1.118
AKB Peresvet ZAO        0.510   2/14/2032  RUB   13.000
Purple Protected Asset  1.580   5/25/2060  EUR   66.973
Tonon Luxembourg SA     12.500  5/14/2024  USD   0.399
SG Issuer SA            3.000   10/10/2034 ZAR   50.306
Cooperatieve Rabobank UA0.500   12/29/2027 MXN   61.558
Grupo Isolux Corsan SA  6.000   12/30/2021 USD   0.192
Barclays Bank PLC       5.000   11/01/2029 BRL   65.120
Instabank ASA           8.290   02/04/2030 NOK   65.936
KPNQwest NV             8.875   02/01/2008 EUR   0.453
SAir Group              4.250   02/02/2007 CHF   12.625
Espirito Santo Financial5.050   11/15/2025 EUR   0.797
Credit Suisse AG/London 6.190   9/14/2022  USD   9.690
UBS AG                  15.000  8/15/2023  USD   65.350
Landesbank Baden-Wuertte13.180  1/28/2022  EUR   65.900
Leonteq Securities AG/Gu2.200   04/01/2026 EUR   #N/A N/A
Leonteq Securities AG/Gu2.400   04/01/2026 EUR   #N/A N/A
Leonteq Securities AG/Gu2.700   04/01/2026 EUR   #N/A N/A
Russian Post FGUP       2.750   12/06/2023 RUB   70.010
WEB Windenergie AG      6.500              EUR   0.010
Corner Banca SA         12.000  12/21/2022 CHF   61.020
SALVATOR Vermoegensverwa9.500              EUR   10.100
Instabank ASA           7.970              NOK   37.610
HSBC Bank PLC           0.500   11/25/2025 BRL   64.308
SAir Group              2.125   11/04/2004 CHF   12.625
PA Resources AB         13.500  03/03/2016 SEK   0.124
KPNQwest NV             8.875   02/01/2008 EUR   0.453
Credit Agricole Corporat9.450   03/08/2027 TRY   53.256
IT Holding Finance SA   9.875   11/15/2012 EUR   0.015
Pescanova SA            6.750   03/05/2015 EUR   0.319
Privatbank CJSC Via UK S10.875  2/28/2018  USD   7.281
Lehman Brothers Treasury4.350   08/08/2016 SGD   0.100
Banco Espirito Santo SA 10.000  12/06/2021 EUR   0.580
Windreich GmbH          6.250   03/01/2015 EUR   4.475
Zurcher Kantonalbank Fin24.000  6/17/2022  CHF   72.930
UBS AG/London           13.500  4/14/2022  CHF   42.650
HPI AG                  3.500              EUR   3.011
SG Issuer SA            5.000   5/23/2024  EUR   59.100
BNP Paribas SA          0.500   11/16/2032 MXN   34.879
Instabank ASA           9.830              NOK   48.336
Credito Padano Banca di 3.100              EUR   33.635
New World Resources NV  8.000   04/07/2020 EUR   0.510
Purple Protected Asset  1.480   11/30/2060 EUR   70.213
Norske Skog Holding AS  8.000   2/24/2021  EUR   0.006
Rio Forte Investments SA3.900   07/10/2014 USD   4.585
Deutsche Bank AG/London 2.072   9/30/2029  USD   74.045
Dyadya Doner OOO        13.500  4/25/2023  RUB   30.600
HSBC Bank PLC           10.300  12/20/2024 TRY   65.727
DZ Bank AG Deutsche Zent22.700  6/24/2022  EUR   73.250
SG Issuer SA            1.050   11/20/2025 EUR   20.840
Credit Suisse AG/London 13.250  05/04/2022 USD   72.090
Leonteq Securities AG/Gu11.000  10/31/2022 USD   62.970
Landesbank Baden-Wuertte5.650   5/27/2022  EUR   43.800
Vontobel Financial Produ12.400  3/16/2022  EUR   49.452
TransKomplektHolding OOO9.500   11/02/2028 RUB   70.000
Leonteq Securities AG/Gu25.000  09/07/2022 CHF   73.960
DVM Construction Fovalla3.000   7/29/2030  HUF   73.200
Leonteq Securities AG/Gu20.000  6/29/2022  CHF   69.460
Credit Suisse AG/London 15.000  6/29/2022  USD   37.830
Credit Suisse AG/London 10.500  07/08/2022 EUR   68.930
State of Saxony-Anhalt  0.217   07/03/2028 EUR   60.000
BNP Paribas Issuance BV 7.200   12/17/2024 SEK   65.980
Alteo Nyrt              2.450   10/08/2031 HUF   68.700
Raiffeisen Schweiz Genos3.400   3/21/2025  CHF   60.160
Credit Suisse AG/London 4.460   7/26/2023  USD   9.600
Zurcher Kantonalbank Fin7.000   11/22/2022 CHF   76.950
Zurcher Kantonalbank Fin8.000   5/16/2022  CHF   51.380
SALVATOR Vermoegensverwa9.500   12/31/2021 EUR   7.200
SAir Group              6.250   04/12/2005 CHF   12.625
Bibby Offshore Services 7.500   6/15/2021  GBP   11.625
LBI ehf                 7.431              USD   0.001
LBI ehf                 7.431              USD   0.001
Grupo Isolux Corsan SA  0.250   12/30/2018 EUR   0.083
Dolphin Drilling ASA    4.490   8/28/2019  NOK   0.644
MTS-Bank PAO            9.500   10/28/2029 RUB   51.620
Santander Consumer Bank 5.530              NOK   48.347
Credit Agricole Corporat5.400   1/31/2028  BRL   73.688
Waste Italia SpA        10.500  11/15/2019 EUR   0.550
Centrosolar Group AG    7.000   2/15/2016  EUR   2.505
Single Platform Investme1.548   10/31/2050 EUR   60.556
DeltaCredit Bank JSC    1.000   5/18/2026  RUB   70.000
Norske Skogindustrier AS7.000   12/30/2026 EUR   0.589
Hellas Telecommunication8.500   10/15/2013 EUR   0.839
Lehman Brothers Treasury5.103   6/22/2046  EUR   0.100
Pescanova SA            8.750   2/17/2019  EUR   0.319
Barclays Bank PLC       2.000   06/12/2029 TRY   22.185
Ahtium PLC              9.750   04/04/2017 EUR   0.726
Landesbank Baden-Wuertte5.400   2/25/2022  EUR   66.220
Danske Bank A/S         5.300   7/15/2023  SEK   43.690
Bank Vontobel AG        15.000  02/07/2022 USD   63.080
Bank Julius Baer & Co Lt14.500  02/10/2023 CHF   73.250
Leonteq Securities AG   24.360  9/13/2022  CHF   64.020
Vontobel Financial Produ16.000  3/25/2022  EUR   71.460
Credit Suisse AG/London 15.000  9/15/2022  USD   61.460
Credit Suisse AG/London 11.500  7/13/2022  CHF   76.690
Bank Julius Baer & Co Lt13.000  6/22/2022  CHF   71.150
Luzerner Kantonalbank AG15.500  09/07/2022 CHF   73.180
Leonteq Securities AG/Gu5.710   9/23/2022  USD   72.350
A-TEC Industries AG     2.750   05/10/2014 EUR   0.100
Lehman Brothers Treasury11.000  12/20/2017 AUD   0.100
Lehman Brothers Treasury10.600  4/22/2014  MXN   0.100
Getin Noble Bank SA     7.840   4/29/2024  PLN   58.135
Petromena ASA           10.850  11/19/2018 USD   0.622
DeltaCredit Bank JSC    1.000   7/28/2025  RUB   73.000
Barclays Bank PLC       1.450   9/24/2038  MXN   37.453
Turkey Government Bond  12.400  03/08/2028 TRY   64.500
Turkey Government Bond  12.600  10/01/2025 TRY   73.550
Santander Consumer Bank 5.530              NOK   48.347
Credit Agricole Corporat14.280  11/05/2026 TRY   72.728
Ukraine Government Bond 6.000   1/28/2032  UAH   56.455
Bank Otkritie Financial 0.010   7/16/2025  RUB   71.990
Bank Otkritie Financial 0.010   9/24/2025  RUB   69.840
Bilt Paper BV           10.360             USD   1.305
Turkey Government Bond  8.000   03/12/2025 TRY   66.000
Credit Agricole Corporat11.400  10/28/2025 TRY   64.656
UBS AG/London           21.250  2/18/2022  USD   47.050
JP Morgan Structured Pro13.000  12/22/2027 ZMW   68.291
Credit Suisse AG/London 16.000  6/27/2022  EUR   72.660
Bank Julius Baer & Co Lt29.500  6/27/2022  CHF   66.000
Laurel GmbH             7.125   11/16/2017 EUR   7.750
Region of Saratov Russia8.100   11/20/2024 RUB   75.000
Lehman Brothers Treasury10.442  11/22/2008 CHF   0.100
Deutsche Bank AG/London 0.500   04/05/2038 MXN   26.015
AlphaNotes ETP Dac      0.010   09/09/2029 USD   71.908
Turkey Government Bond  10.500  08/11/2027 TRY   59.000
Nutritek International C8.750   12/11/2008 USD   2.089
Irish Bank Resolution Co4.000   4/23/2018  EUR   33.250
OOO SPV Structural Inves0.010   09/01/2023 RUB   66.740
HSBC Bank PLC           0.500   6/23/2027  MXN   64.512
Minicentrales Dos SA    0.010   06/06/2047 EUR   66.783
Ukraine Government Bond 9.010   11/10/2031 UAH   72.594
SAir Group              2.750   7/30/2004  CHF   12.625
Zurcher Kantonalbank Fin11.500  3/25/2022  CHF   57.580
Raiffeisen Switzerland B10.000  6/15/2022  CHF   75.160
Landesbank Baden-Wuertte3.000   5/27/2022  EUR   37.160
Landesbank Baden-Wuertte7.750   5/27/2022  EUR   32.060
DZ Bank AG Deutsche Zent22.000  3/25/2022  EUR   74.780
Landesbank Baden-Wuertte3.400   2/24/2023  EUR   58.800
Vontobel Financial Produ7.000   3/25/2022  EUR   34.347
UniCredit Bank AG       6.200   4/13/2022  EUR   56.130
Landesbank Baden-Wuertte5.200   5/27/2022  EUR   34.170
Citigroup Global Markets13.200  12/18/2023 SEK   73.850
Landesbank Baden-Wuertte4.000   7/25/2025  EUR   66.320
Bank Julius Baer & Co Lt13.200  3/16/2022  CHF   61.700
Vontobel Financial Produ11.500  3/25/2022  EUR   70.420
Landesbank Baden-Wuertte2.000   2/25/2022  EUR   68.170
Landesbank Baden-Wuertte3.400   2/25/2022  EUR   72.980
UniCredit Bank AG       3.450   04/02/2024 EUR   70.760
UniCredit Bank AG       4.250   6/28/2022  EUR   40.560
UniCredit Bank AG       3.800   6/28/2022  EUR   48.940
UniCredit Bank AG       3.500   2/13/2023  EUR   38.250
Leonteq Securities AG/Gu7.000   11/07/2022 CHF   69.800
Leonteq Securities AG   11.200  11/07/2022 CHF   75.000
DekaBank Deutsche Giroze3.900   4/25/2022  EUR   34.700
Landesbank Baden-Wuertte2.500   8/25/2023  EUR   74.700
Landesbank Baden-Wuertte2.800   12/23/2022 EUR   71.420
UniCredit Bank AG       4.500   1/18/2022  EUR   46.840
UniCredit Bank AG       3.700   6/25/2022  EUR   51.700
Leonteq Securities AG/Gu11.000  08/10/2022 USD   73.500
UniCredit Bank AG       3.750   4/19/2022  EUR   56.730
Vontobel Financial Produ8.000   3/25/2022  EUR   60.950
Luzerner Kantonalbank AG25.000  03/09/2022 CHF   45.430
Leonteq Securities AG   22.340  4/14/2022  CHF   54.030
Zurcher Kantonalbank Fin15.000  4/26/2022  USD   55.640
UBS AG/London           11.750  10/14/2022 CHF   61.600
DZ Bank AG Deutsche Zent14.500  3/25/2022  EUR   73.610
Vontobel Financial Produ22.500  6/24/2022  EUR   73.290
Vontobel Financial Produ11.100  3/16/2022  EUR   74.336
DZ Bank AG Deutsche Zent18.200  3/25/2022  EUR   72.140
DZ Bank AG Deutsche Zent14.900  6/24/2022  EUR   72.730
DZ Bank AG Deutsche Zent22.600  4/25/2022  EUR   76.630
DZ Bank AG Deutsche Zent16.200  3/25/2022  EUR   74.400
UBS AG/London           6.250   4/14/2023  CHF   73.900
DZ Bank AG Deutsche Zent13.300  6/24/2022  EUR   74.490
Vontobel Financial Produ9.750   3/25/2022  EUR   33.213
Zurcher Kantonalbank Fin15.000  3/24/2022  USD   58.070
Goldman Sachs & Co Wertp23.000  5/25/2022  EUR   69.290
DZ Bank AG Deutsche Zent8.000   6/22/2022  EUR   66.580
Vontobel Financial Produ10.250  3/25/2022  EUR   72.675
Goldman Sachs & Co Wertp19.000  9/21/2022  EUR   73.390
Bank Julius Baer & Co Lt7.400   7/13/2022  CHF   72.450
Goldman Sachs & Co Wertp18.000  6/22/2022  EUR   74.450
Goldman Sachs & Co Wertp22.000  6/22/2022  EUR   70.550
Leonteq Securities AG/Gu15.000  4/13/2022  CHF   53.470
Landesbank Baden-Wuertte2.700   10/28/2022 EUR   74.620
Landesbank Baden-Wuertte2.500   1/28/2022  EUR   54.650
Goldman Sachs & Co Wertp19.000  5/25/2022  EUR   73.630
UniCredit Bank AG       3.250   3/29/2022  EUR   18.330
Landesbank Baden-Wuertte2.750   3/25/2022  EUR   54.850
Landesbank Baden-Wuertte4.000   2/25/2022  EUR   70.900
Landesbank Baden-Wuertte2.600   2/25/2022  EUR   70.610
Landesbank Baden-Wuertte4.800   3/25/2022  EUR   71.750
Landesbank Baden-Wuertte6.400   2/25/2022  EUR   62.420
Landesbank Baden-Wuertte3.900   2/25/2022  EUR   72.150
Landesbank Baden-Wuertte5.000   2/25/2022  EUR   66.940
Landesbank Baden-Wuertte3.800   2/25/2022  EUR   70.810
SG Issuer SA            7.500   1/20/2025  SEK   71.060
Raiffeisen Switzerland B4.800   11/23/2023 CHF   51.020
UniCredit Bank AG       4.450   12/29/2022 EUR   32.210
Vontobel Financial Produ6.700   03/07/2022 EUR   47.760
UniCredit Bank AG       3.750   3/26/2022  EUR   51.960
Landesbank Baden-Wuertte4.900   2/25/2022  EUR   71.380
Landesbank Baden-Wuertte3.700   2/25/2022  EUR   66.570
EFG International Financ7.000   5/23/2022  EUR   35.430
UniCredit Bank AG       5.050   01/11/2022 EUR   31.390
Societe Generale SA     1.580   9/16/2024  USD   2.970
Landesbank Baden-Wuertte6.500   5/27/2022  EUR   50.260
DZ Bank AG Deutsche Zent20.700  3/25/2022  EUR   70.630
DZ Bank AG Deutsche Zent17.900  6/24/2022  EUR   73.600
EFG International Financ23.000  3/17/2022  CHF   66.260
EFG International Financ17.000  3/17/2022  USD   60.120
Credit Suisse AG/London 10.000  3/17/2022  USD   52.390
UniCredit Bank AG       5.500   8/14/2023  EUR   73.590
Landesbank Baden-Wuertte2.800   4/25/2022  EUR   57.520
Erste Group Bank AG     4.350   2/28/2022  EUR   37.600
DZ Bank AG Deutsche Zent12.300  6/24/2022  EUR   74.280
Landesbank Baden-Wuertte7.200   4/25/2022  EUR   55.620
Landesbank Baden-Wuertte6.700   4/25/2022  EUR   45.240
Landesbank Baden-Wuertte4.450   4/25/2022  EUR   61.860
Landesbank Baden-Wuertte4.450   4/25/2022  EUR   49.720
EFG International Financ18.000  4/14/2022  CHF   56.850
Landesbank Baden-Wuertte10.000  4/25/2022  EUR   41.500
Leonteq Securities AG   7.000   03/09/2022 CHF   69.320
Landesbank Baden-Wuertte2.250   3/25/2022  EUR   70.400
Leonteq Securities AG/Gu3.750   2/20/2023  CHF   56.950
UniCredit Bank AG       3.800   12/29/2022 EUR   58.600
Landesbank Baden-Wuertte2.750   11/25/2022 EUR   73.060
Vontobel Financial Produ9.400   5/13/2022  EUR   43.190
DZ Bank AG Deutsche Zent20.200  3/25/2022  EUR   67.380
DZ Bank AG Deutsche Zent24.100  3/25/2022  EUR   62.470
DZ Bank AG Deutsche Zent18.800  5/27/2022  EUR   70.040
DZ Bank AG Deutsche Zent21.200  6/24/2022  EUR   66.890
DZ Bank AG Deutsche Zent19.000  9/23/2022  EUR   70.520
UniCredit Bank AG       6.500   9/15/2022  EUR   54.970
DekaBank Deutsche Giroze4.250   05/03/2022 EUR   64.980
Leonteq Securities AG/Gu21.420  05/11/2022 CHF   44.540
Landesbank Baden-Wuertte3.000   9/23/2022  EUR   53.930
Landesbank Baden-Wuertte3.250   12/23/2022 EUR   56.870
Landesbank Baden-Wuertte3.800   1/28/2022  EUR   42.290
Landesbank Baden-Wuertte2.600   1/28/2022  EUR   69.020
Corner Banca SA         15.000  03/07/2022 USD   49.950
Leonteq Securities AG   12.000  06/08/2022 CHF   49.230
Vontobel Financial Produ12.800  06/08/2022 USD   71.800
UBS AG/London           12.250  06/09/2022 CHF   50.600
Bank Vontobel AG        7.504   6/13/2022  CHF   47.960
Leonteq Securities AG   12.000  6/15/2022  CHF   58.940
EFG International Financ6.200   12/18/2023 USD   39.850
UBS AG/London           22.500  6/16/2022  USD   78.150
UBS AG/London           11.750  6/16/2022  CHF   69.450
UniCredit Bank AG       3.350   6/14/2022  EUR   47.820
UniCredit Bank AG       3.700   06/04/2022 EUR   54.730
Leonteq Securities AG   5.600   5/16/2022  CHF   61.100
Landesbank Baden-Wuertte2.300   7/22/2022  EUR   56.890
DekaBank Deutsche Giroze4.250   4/14/2022  EUR   33.910
Vontobel Financial Produ8.500   3/25/2022  EUR   72.376
DekaBank Deutsche Giroze3.000   12/29/2022 EUR   67.470
Bank Julius Baer & Co Lt16.000  05/11/2022 EUR   36.500
UniCredit Bank AG       3.750   1/18/2022  EUR   68.300
Zurcher Kantonalbank Fin7.000   08/10/2022 USD   61.800
Landesbank Baden-Wuertte2.300   2/25/2022  EUR   57.030
SecurAsset SA           5.250   6/30/2022  EUR   40.000
Leonteq Securities AG/Gu21.530  5/17/2022  CHF   40.710
UBS AG/London           10.500  11/14/2022 CHF   75.150
Leonteq Securities AG/Gu13.000  11/21/2022 USD   48.680
EFG International Financ14.000  05/12/2022 USD   59.370
UBS AG/London           14.750  11/14/2022 CHF   76.050
UniCredit Bank AG       4.300   7/26/2022  EUR   73.490
Vontobel Financial Produ23.500  3/25/2022  EUR   73.540
SG Issuer SA            11.170  7/20/2025  SEK   63.740
UBS AG/London           10.000  03/03/2022 CHF   48.850
Leonteq Securities AG/Gu20.000  06/01/2022 EUR   68.510
Vontobel Financial Produ7.500   3/25/2022  EUR   57.910
Bank Julius Baer & Co Lt8.350   03/04/2022 USD   51.300
Bank Vontobel AG        14.004  09/02/2022 CHF   72.500
Leonteq Securities AG   14.000  06/08/2022 CHF   57.700
Societe Generale Effekte3.000   7/22/2022  USD   5.850
Raiffeisen Switzerland B10.500  07/11/2024 USD   18.620
UniCredit Bank AG       3.200   09/10/2022 EUR   46.510
Leonteq Securities AG/Gu4.000   08/10/2022 CHF   64.420
Raiffeisen Switzerland B4.000   8/30/2022  CHF   37.500
Landesbank Baden-Wuertte3.000   9/23/2022  EUR   48.920
Societe Generale Effekte5.600   09/04/2023 EUR   38.210
UniCredit Bank AG       4.600   9/14/2022  EUR   69.870
UniCredit Bank AG       3.750   9/14/2022  EUR   59.130
UniCredit Bank AG       4.200   9/21/2022  EUR   42.600
EFG International Financ15.000  9/26/2022  CHF   60.750
Goldman Sachs & Co Wertp9.000   3/23/2022  EUR   71.240
Goldman Sachs & Co Wertp10.000  6/22/2022  EUR   69.770
Goldman Sachs & Co Wertp8.000   6/22/2022  EUR   74.800
Leonteq Securities AG   15.000  3/30/2022  CHF   60.310
Landesbank Baden-Wuertte3.500   10/28/2022 EUR   59.920
Landesbank Baden-Wuertte5.750   10/28/2022 EUR   55.450
DZ Bank AG Deutsche Zent17.100  3/25/2022  EUR   37.730
Bank Vontobel AG        6.007   9/26/2022  CHF   63.880
Bank Vontobel AG        6.007   9/26/2022  CHF   63.880
Bank Vontobel AG        4.255   6/27/2022  CHF   61.990
Bank Vontobel AG        14.006  9/26/2022  CHF   39.800
Bank Vontobel AG        12.751  6/27/2022  CHF   68.200
Raiffeisen Switzerland B14.000  3/29/2022  CHF   69.340
UBS AG/London           16.750  3/31/2022  CHF   67.550
UBS AG/London           16.000  9/30/2022  CHF   58.050
DZ Bank AG Deutsche Zent8.000   6/24/2022  EUR   73.360
Zurcher Kantonalbank Fin17.250  4/14/2022  CHF   67.040
BNP Paribas Emissions- u7.500   3/24/2022  EUR   74.550
BNP Paribas Emissions- u9.000   3/24/2022  EUR   73.420
BNP Paribas Emissions- u9.500   3/24/2022  EUR   72.120
BNP Paribas Emissions- u12.000  3/24/2022  EUR   70.660
BNP Paribas Emissions- u8.000   6/23/2022  EUR   73.990
BNP Paribas Emissions- u9.500   6/23/2022  EUR   73.320
Zurcher Kantonalbank Fin6.000   4/14/2022  CHF   93.000
Corner Banca SA         16.000  04/06/2022 CHF   67.220
Vontobel Financial Produ6.000   3/25/2022  EUR   63.700
Vontobel Financial Produ24.000  3/25/2022  EUR   72.800
Vontobel Financial Produ19.000  6/24/2022  EUR   73.230
Vontobel Financial Produ16.500  6/24/2022  EUR   69.342
Vontobel Financial Produ17.000  3/25/2022  EUR   67.740
Vontobel Financial Produ20.000  3/25/2022  EUR   68.426
Vontobel Financial Produ23.500  3/25/2022  EUR   69.222
Vontobel Financial Produ19.000  3/25/2022  EUR   74.510
Raiffeisen Switzerland B8.200   11/03/2022 CHF   60.110
Bank Vontobel AG        9.006   10/31/2022 CHF   56.420
UBS AG/London           13.000  05/06/2024 USD   71.920
EFG International Financ6.080   05/05/2022 USD   60.380
Leonteq Securities AG/Gu21.050  05/04/2022 CHF   62.320
Credit Suisse AG/London 8.250   05/05/2022 USD   52.550
UBS AG/London           12.750  11/07/2022 USD   65.250
UBS AG/London           14.500  11/07/2022 CHF   72.400
Societe Generale Effekte16.500  2/25/2022  EUR   73.730
Leonteq Securities AG/Gu22.080  05/06/2022 CHF   59.050
Bank Julius Baer & Co Lt8.700   05/06/2022 EUR   69.950
UBS AG/London           12.750  9/26/2022  CHF   73.200
UBS AG/London           12.250  3/24/2022  CHF   48.550
UBS AG/London           21.250  3/24/2022  USD   75.200
UBS AG/London           15.500  3/24/2022  CHF   58.550
Vontobel Financial Produ9.200   3/23/2022  EUR   53.410
Vontobel Financial Produ6.400   2/28/2022  EUR   40.650
Vontobel Financial Produ16.500  3/25/2022  EUR   72.177
Vontobel Financial Produ15.000  3/25/2022  EUR   74.615
Vontobel Financial Produ15.000  3/25/2022  EUR   74.217
Vontobel Financial Produ17.000  3/25/2022  EUR   66.350
Vontobel Financial Produ14.500  3/25/2022  EUR   69.450
Vontobel Financial Produ12.000  3/25/2022  EUR   72.990
Vontobel Financial Produ19.500  3/25/2022  EUR   63.630
Bank Julius Baer & Co Lt10.000  3/28/2022  USD   52.050
BNP Paribas Issuance BV 11.840  04/04/2022 EUR   63.900
Leonteq Securities AG/Gu16.000  3/25/2022  CHF   70.920
Corner Banca SA         14.000  9/26/2022  USD   59.630
Leonteq Securities AG   18.000  3/29/2022  CHF   55.920
DZ Bank AG Deutsche Zent6.250   3/23/2022  EUR   72.580
DZ Bank AG Deutsche Zent10.500  4/22/2022  EUR   51.270
Societe Generale Effekte21.500  1/28/2022  EUR   73.120
Vontobel Financial Produ16.750  3/25/2022  EUR   65.610
Zurcher Kantonalbank Fin9.650   6/24/2022  EUR   70.360
UniCredit Bank AG       5.350   2/27/2023  EUR   48.080
Leonteq Securities AG   16.000  06/10/2022 CHF   55.590
Vontobel Financial Produ19.500  3/25/2022  EUR   72.237
Raiffeisen Switzerland B9.000   03/08/2022 CHF   69.580
Zurcher Kantonalbank Fin18.500  3/18/2022  CHF   54.790
Vontobel Financial Produ17.750  3/25/2022  EUR   34.805
Goldman Sachs & Co Wertp23.000  1/26/2022  EUR   72.850
Vontobel Financial Produ18.500  3/25/2022  EUR   69.060
Vontobel Financial Produ16.000  3/25/2022  EUR   73.630
Vontobel Financial Produ21.500  3/25/2022  EUR   73.110
Zurcher Kantonalbank Fin10.000  1/14/2022  EUR   68.920
UBS AG/London           14.000  07/07/2022 USD   55.500
Raiffeisen Switzerland B10.500  02/08/2022 CHF   70.530
Vontobel Financial Produ14.000  3/25/2022  EUR   34.870
Vontobel Financial Produ15.000  3/25/2022  EUR   48.450
Vontobel Financial Produ16.500  3/25/2022  EUR   71.640
Vontobel Financial Produ18.000  3/25/2022  EUR   41.640
Vontobel Financial Produ15.500  3/25/2022  EUR   43.710
Vontobel Financial Produ17.000  3/25/2022  EUR   42.670
Vontobel Financial Produ12.000  3/25/2022  EUR   47.730
Raiffeisen Switzerland B8.000   02/09/2022 USD   68.210
Vontobel Financial Produ22.000  3/25/2022  EUR   70.920
Vontobel Financial Produ17.500  3/25/2022  EUR   32.910
Vontobel Financial Produ11.000  3/25/2022  EUR   49.380
UBS AG/London           14.000  02/10/2022 CHF   46.150
UBS AG/London           9.500   02/10/2023 CHF   71.650
UBS AG/London           7.750   08/10/2022 CHF   54.950
UBS AG/London           5.250   08/10/2022 CHF   72.500
Vontobel Financial Produ16.000  3/25/2022  EUR   47.140
Vontobel Financial Produ24.500  3/25/2022  EUR   38.790
Bank Vontobel AG        25.504  5/24/2022  CHF   64.640
Bank Vontobel AG        15.004  8/26/2022  CHF   51.240
Vontobel Financial Produ17.000  3/25/2022  EUR   62.680
Vontobel Financial Produ16.500  3/25/2022  EUR   71.930
Vontobel Financial Produ22.500  3/25/2022  EUR   64.250
Vontobel Financial Produ19.500  3/25/2022  EUR   67.820
Vontobel Financial Produ21.000  3/25/2022  EUR   65.950
Vontobel Financial Produ23.500  3/25/2022  EUR   62.550
Vontobel Financial Produ18.000  3/25/2022  EUR   69.780
Leonteq Securities AG/Gu9.000   6/30/2022  CHF   74.630
Vontobel Financial Produ21.500  3/25/2022  EUR   65.540
Vontobel Financial Produ23.000  3/25/2022  EUR   70.930
Raiffeisen Switzerland B11.000  08/05/2022 EUR   69.350
BNP Paribas Issuance BV 5.450   1/14/2022  EUR   55.150
Leonteq Securities AG   12.000  02/09/2022 CHF   37.280
Vontobel Financial Produ19.000  3/25/2022  EUR   43.760
Vontobel Financial Produ13.500  3/25/2022  EUR   46.350
Landesbank Baden-Wuertte4.050   10/28/2022 EUR   39.750
Landesbank Baden-Wuertte6.350   10/28/2022 EUR   36.840
Bank Julius Baer & Co Lt15.000  6/15/2022  USD   71.800
Vontobel Financial Produ11.500  6/24/2022  EUR   69.889
Vontobel Financial Produ16.000  6/24/2022  EUR   68.028
Vontobel Financial Produ5.500   6/24/2022  EUR   65.959
Vontobel Financial Produ18.000  6/24/2022  EUR   68.973
Raiffeisen Schweiz Genos10.000  12/14/2022 CHF   73.150
Landesbank Baden-Wuertte8.600   6/24/2022  EUR   57.690
Landesbank Baden-Wuertte5.100   6/24/2022  EUR   65.050
Landesbank Baden-Wuertte2.500   6/24/2022  EUR   52.000
Landesbank Baden-Wuertte7.150   6/24/2022  EUR   45.560
Vontobel Financial Produ3.750   01/03/2023 EUR   38.010
Leonteq Securities AG   15.000  6/15/2022  CHF   43.660
UniCredit Bank AG       4.000   11/21/2022 EUR   69.550
Landesbank Baden-Wuertte3.500   1/28/2022  EUR   45.430
Vontobel Financial Produ14.500  3/25/2022  EUR   44.970
EFG International Financ9.350   01/12/2023 CHF   63.580
Vontobel Financial Produ12.000  3/25/2022  EUR   36.000
Vontobel Financial Produ16.000  3/25/2022  EUR   33.890
EFG International Financ15.000  02/10/2022 EUR   65.210
Zurcher Kantonalbank Fin12.000  2/18/2022  CHF   74.790
Citigroup Global Markets12.379  11/13/2023 SEK   70.500
EFG International Financ12.000  03/03/2022 CHF   72.410
Vontobel Financial Produ11.000  3/25/2022  EUR   51.420
Vontobel Financial Produ8.500   3/25/2022  EUR   55.480
Bank Vontobel AG        8.758   06/02/2022 CHF   54.130
Bank Vontobel AG        7.250   06/03/2022 CHF   69.220
Leonteq Securities AG/Gu17.000  06/08/2022 USD   58.530
Bank Vontobel AG        15.004  8/26/2022  CHF   51.240
UBS AG/London           10.500  6/30/2022  CHF   73.300
SG Issuer SA            2.100   2/14/2033  EUR   29.910
Societe Generale Effekte17.000  3/25/2022  EUR   72.420
Vontobel Financial Produ14.500  3/25/2022  EUR   75.013
Vontobel Financial Produ7.500   3/25/2022  EUR   32.875
Vontobel Financial Produ20.500  3/25/2022  EUR   42.210
Vontobel Financial Produ16.250  3/25/2022  EUR   74.440
Raiffeisen Schweiz Genos5.000   04/05/2022 CHF   72.190
Goldman Sachs & Co Wertp7.000   3/23/2022  EUR   72.890
Landesbank Baden-Wuertte3.500   1/28/2022  EUR   41.990
Landesbank Baden-Wuertte5.700   1/28/2022  EUR   35.540
Landesbank Baden-Wuertte7.500   1/28/2022  EUR   72.970
Goldman Sachs & Co Wertp10.000  3/23/2022  EUR   69.510
DZ Bank AG Deutsche Zent5.000   12/23/2022 EUR   68.090
UBS AG/London           7.500   12/09/2022 CHF   74.250
Leonteq Securities AG/Gu21.880  06/10/2022 CHF   67.620
Leonteq Securities AG/Gu21.760  06/10/2022 CHF   55.010
Raiffeisen Schweiz Genos5.500   06/07/2023 CHF   69.540
Bank Vontobel AG        16.000  05/12/2022 CHF   46.270
Zurcher Kantonalbank Fin8.100   12/14/2022 USD   63.420
Corner Banca SA         15.000  05/12/2022 CHF   69.820
Raiffeisen Switzerland B8.000   08/12/2022 CHF   75.430
Vontobel Financial Produ11.000  6/24/2022  EUR   72.078
Zurcher Kantonalbank Fin11.000  6/21/2022  CHF   73.270
UniCredit Bank AG       3.500   10/08/2022 EUR   41.330
Bank Julius Baer & Co Lt8.550   5/13/2022  USD   55.950
Leonteq Securities AG/Gu9.450   5/13/2022  USD   63.030
Vontobel Financial Produ12.000  3/25/2022  EUR   70.620
Vontobel Financial Produ11.000  3/25/2022  EUR   74.486
Vontobel Financial Produ11.500  6/24/2022  EUR   74.884
Vontobel Financial Produ16.000  6/24/2022  EUR   74.963
Vontobel Financial Produ18.500  6/24/2022  EUR   74.270
Societe Generale SA     3.900   3/23/2022  USD   0.100
Leonteq Securities AG/Gu20.940  5/19/2022  CHF   67.950
Zurcher Kantonalbank Fin10.500  5/27/2022  USD   72.680
Vontobel Financial Produ16.350  3/14/2022  EUR   72.924
Leonteq Securities AG   20.000  3/15/2022  CHF   56.760
Leonteq Securities AG/Gu18.000  3/15/2022  USD   60.410
Bank Vontobel AG        25.008  3/14/2022  CHF   52.930
Landesbank Baden-Wuertte4.750   2/25/2022  EUR   39.570
Landesbank Baden-Wuertte3.400   2/25/2022  EUR   49.180
UniCredit Bank AG       12.700  2/25/2022  EUR   73.260
DZ Bank AG Deutsche Zent16.700  3/25/2022  EUR   72.810
Leonteq Securities AG/Gu23.180  4/29/2022  USD   42.560
Leonteq Securities AG/Gu22.520  07/06/2022 CHF   40.960
Vontobel Financial Produ12.500  6/24/2022  EUR   71.332
Vontobel Financial Produ5.000   6/24/2022  EUR   70.000
Bank Vontobel AG        7.500   01/03/2023 EUR   40.800
Bank Vontobel AG        9.250   01/04/2023 CHF   58.110
Landesbank Baden-Wuertte5.000   6/24/2022  EUR   74.840
UBS AG/London           11.250  12/09/2022 CHF   70.450
UBS AG/London           8.250   06/09/2023 CHF   74.400
UniCredit Bank AG       6.000   7/28/2023  EUR   35.270
Goldman Sachs & Co Wertp7.000   6/22/2022  EUR   72.200
Goldman Sachs & Co Wertp7.000   6/22/2022  EUR   72.200
UBS AG/London           10.000  07/08/2022 CHF   59.350
UBS AG/London           11.750  01/10/2022 CHF   70.350
UBS AG/London           12.750  01/10/2022 CHF   70.350
Vontobel Financial Produ8.700   04/04/2022 CHF   70.008
Vontobel Financial Produ16.000  6/24/2022  EUR   73.790
Vontobel Financial Produ17.000  6/24/2022  EUR   72.800
Vontobel Financial Produ16.000  3/25/2022  EUR   68.570
Vontobel Financial Produ14.500  3/25/2022  EUR   70.200
Vontobel Financial Produ13.000  6/24/2022  EUR   71.640
Vontobel Financial Produ15.000  6/24/2022  EUR   50.330
Vontobel Financial Produ12.500  6/24/2022  EUR   52.220
Vontobel Financial Produ10.500  6/24/2022  EUR   74.137
Leonteq Securities AG/Gu24.350  4/29/2022  CHF   62.790
Vontobel Financial Produ5.550   5/18/2022  EUR   48.970
UBS AG/London           8.000   12/16/2022 CHF   69.800
UBS AG/London           18.000  6/16/2022  USD   77.800
Vontobel Financial Produ20.000  6/24/2022  EUR   70.620
Vontobel Financial Produ18.000  6/24/2022  EUR   72.870
Zurcher Kantonalbank Fin14.000  6/24/2022  CHF   50.600
Bank Julius Baer & Co Lt8.200   9/19/2022  USD   61.050
Leonteq Securities AG/Gu20.760  6/17/2022  CHF   47.730
Vontobel Financial Produ20.500  6/24/2022  EUR   73.950
Bank Vontobel AG        7.502   12/12/2022 CHF   67.660
DZ Bank AG Deutsche Zent24.400  6/24/2022  EUR   69.120
DZ Bank AG Deutsche Zent17.600  6/24/2022  EUR   55.630
DZ Bank AG Deutsche Zent18.900  3/25/2022  EUR   72.420
Landesbank Baden-Wuertte10.500  6/24/2022  EUR   43.170
Landesbank Baden-Wuertte4.200   6/24/2022  EUR   48.990
Vontobel Financial Produ3.500   07/03/2023 EUR   63.930
Zurcher Kantonalbank Fin9.800   6/17/2022  USD   57.590
UBS AG/London           12.500  12/16/2022 CHF   74.450
UBS AG/London           9.000   6/16/2022  CHF   59.500
UBS AG/London           10.250  6/16/2022  CHF   71.300
Vontobel Financial Produ17.000  6/24/2022  EUR   73.550
Vontobel Financial Produ19.500  6/24/2022  EUR   73.910
Vontobel Financial Produ19.000  6/24/2022  EUR   73.750
Zurcher Kantonalbank Fin11.200  6/30/2022  CHF   71.850
EFG International Financ6.200   08/05/2022 EUR   41.600
Landesbank Baden-Wuertte3.400   11/25/2022 EUR   52.310
Landesbank Baden-Wuertte3.400   1/27/2023  EUR   56.440
SG Issuer SA            5.000   04/02/2024 EUR   58.230
UniCredit Bank AG       5.150   01/02/2023 EUR   52.350
Landesbank Baden-Wuertte3.500   5/27/2022  EUR   56.830
UBS AG/London           16.000  9/19/2022  CHF   57.950
Bank Vontobel AG        6.002   08/12/2022 EUR   71.540
Bank Julius Baer & Co Lt12.050  3/18/2022  USD   56.150
UBS AG/London           11.250  07/01/2022 CHF   62.800
UBS AG/London           13.750  01/03/2022 CHF   66.800
UniCredit Bank AG       7.200   2/25/2022  EUR   73.550
UniCredit Bank AG       7.900   2/25/2022  EUR   70.970
Societe Generale Effekte7.550   8/23/2024  EUR   71.780
UBS AG/London           14.750  2/17/2023  CHF   59.250
Bank Julius Baer & Co Lt8.500   2/18/2022  EUR   56.850
Landesbank Baden-Wuertte3.000   12/23/2022 EUR   57.590
Societe Generale SA     6.000   05/09/2022 USD   13.260
Zurcher Kantonalbank Fin8.500   06/10/2022 EUR   64.140
Leonteq Securities AG   12.000  3/15/2022  CHF   71.410
Leonteq Securities AG   16.000  3/15/2022  CHF   51.080
Leonteq Securities AG/Gu17.600  03/08/2022 USD   31.850
Zurcher Kantonalbank Fin16.250  05/04/2022 EUR   63.410
Landesbank Baden-Wuertte5.250   4/28/2023  EUR   56.490
Landesbank Baden-Wuertte3.150   4/28/2023  EUR   61.040
Landesbank Baden-Wuertte5.700   4/28/2023  EUR   40.470
Landesbank Baden-Wuertte4.350   4/28/2023  EUR   41.590
Landesbank Baden-Wuertte3.000   4/28/2023  EUR   43.350
DZ Bank AG Deutsche Zent22.600  3/25/2022  EUR   63.140
DZ Bank AG Deutsche Zent24.600  3/25/2022  EUR   74.490
Vontobel Financial Produ20.000  3/25/2022  EUR   72.700
Vontobel Financial Produ20.500  6/24/2022  EUR   48.626
Zurcher Kantonalbank Fin12.250  05/05/2022 CHF   60.450
UBS AG/London           13.500  4/29/2024  USD   72.700
UniCredit Bank AG       13.200  3/16/2022  EUR   60.400
Landesbank Baden-Wuertte3.000   12/23/2022 EUR   52.400
DekaBank Deutsche Giroze2.500   10/24/2023 EUR   56.080
UniCredit Bank AG       3.600   10/05/2022 EUR   59.820
UniCredit Bank AG       3.850   10/05/2023 EUR   67.250
DekaBank Deutsche Giroze2.600   10/24/2023 EUR   56.260
Danske Bank A/S         10.300  07/09/2023 SEK   11.600
UniCredit Bank AG       4.150   10/12/2022 EUR   74.770
EFG International Financ12.000  03/08/2023 CHF   75.360
Leonteq Securities AG/Gu11.000  05/05/2022 CHF   51.700
Landesbank Baden-Wuertte7.900   11/25/2022 EUR   59.440
Bank Julius Baer & Co Lt10.200  5/30/2023  EUR   13.900
Landesbank Baden-Wuertte6.600   11/25/2022 EUR   47.030
Bank Vontobel AG        13.005  10/03/2022 CHF   58.010
Vontobel Financial Produ5.500   6/17/2022  USD   50.705
Landesbank Baden-Wuertte5.100   11/25/2022 EUR   64.250
EFG International Financ17.000  6/23/2022  CHF   73.330
Raiffeisen Schweiz Genos13.000  09/06/2022 CHF   70.120
UBS AG/London           8.250   6/23/2022  CHF   65.650
UBS AG/London           7.750   6/23/2023  CHF   69.150
Leonteq Securities AG   23.460  02/04/2022 CHF   53.180
Bank Julius Baer & Co Lt7.450   9/26/2022  USD   73.450
Vontobel Financial Produ15.500  6/24/2022  EUR   74.130
UBS AG/London           10.250  12/23/2022 CHF   74.850
Leonteq Securities AG/Gu9.000   02/08/2023 CHF   70.260
UBS AG/London           9.750   12/23/2022 CHF   74.550
DZ Bank AG Deutsche Zent22.500  9/23/2022  EUR   76.630
Zurcher Kantonalbank Fin8.000   07/01/2022 CHF   74.170
Landesbank Baden-Wuertte6.200   1/28/2022  EUR   62.850
Raiffeisen Schweiz Genos17.000  09/07/2022 USD   74.240
UBS AG/London           12.750  10/28/2022 CHF   66.950
UBS AG/London           9.500   10/28/2022 CHF   72.000
Leonteq Securities AG/Gu10.000  10/05/2022 CHF   72.220
Zurcher Kantonalbank Fin15.000  02/04/2022 USD   53.010
EFG International Financ16.000  2/24/2022  CHF   65.430
Bank Vontobel AG        15.004  03/01/2022 EUR   43.600
Vontobel Financial Produ9.000   3/25/2022  EUR   43.660
Vontobel Financial Produ15.000  3/25/2022  EUR   38.450
Vontobel Financial Produ7.500   3/25/2022  EUR   46.100
Vontobel Financial Produ16.500  3/25/2022  EUR   45.810
Vontobel Financial Produ19.500  3/25/2022  EUR   42.680
Vontobel Financial Produ20.500  3/25/2022  EUR   41.790
Vontobel Financial Produ17.500  3/25/2022  EUR   44.690
Vontobel Financial Produ21.000  3/25/2022  EUR   40.840
Vontobel Financial Produ22.000  3/25/2022  EUR   40.070
Vontobel Financial Produ23.000  3/25/2022  EUR   39.350
Vontobel Financial Produ24.000  3/25/2022  EUR   38.680
Bank Vontobel AG        6.507   8/17/2022  CHF   65.470
Leonteq Securities AG/Gu14.000  8/26/2022  USD   51.250
DZ Bank AG Deutsche Zent10.250  3/23/2022  EUR   45.370
DZ Bank AG Deutsche Zent12.500  3/23/2022  EUR   73.820
EFG International Financ10.990  03/02/2022 EUR   71.030
Zurcher Kantonalbank Fin12.250  03/11/2022 CHF   74.130
Leonteq Securities AG/Gu17.600  06/08/2022 USD   63.540
Leonteq Securities AG/Gu16.400  06/02/2022 CHF   63.360
Landesbank Baden-Wuertte4.050   3/24/2023  EUR   51.570
Vontobel Financial Produ16.450  03/03/2023 EUR   70.993
DZ Bank AG Deutsche Zent13.700  3/25/2022  EUR   73.960
DZ Bank AG Deutsche Zent16.700  3/25/2022  EUR   46.290
DZ Bank AG Deutsche Zent7.900   3/25/2022  EUR   74.670
DZ Bank AG Deutsche Zent12.600  3/25/2022  EUR   32.450
DZ Bank AG Deutsche Zent16.300  3/25/2022  EUR   29.960
DZ Bank AG Deutsche Zent20.200  3/25/2022  EUR   28.410
Societe Generale Effekte20.250  3/25/2022  EUR   70.160
Zurcher Kantonalbank Fin26.500  8/31/2022  CHF   70.640
Zurcher Kantonalbank Fin27.500  8/31/2022  USD   70.310
Vontobel Financial Produ19.000  6/24/2022  EUR   73.252
Vontobel Financial Produ18.500  6/24/2022  EUR   74.506
Vontobel Financial Produ14.750  6/24/2022  EUR   74.565
Leonteq Securities AG/Gu25.020  8/23/2022  CHF   69.090
Vontobel Financial Produ8.000   6/24/2022  EUR   69.940
Vontobel Financial Produ9.500   9/23/2022  EUR   73.759
Vontobel Financial Produ20.500  9/23/2022  EUR   58.635
Vontobel Financial Produ8.000   9/23/2022  EUR   72.768
Raiffeisen Schweiz Genos8.500   2/20/2023  CHF   75.090
Raiffeisen Schweiz Genos12.000  8/23/2022  CHF   72.320
Raiffeisen Schweiz Genos18.000  8/23/2022  CHF   60.040
Zurcher Kantonalbank Fin13.750  09/01/2022 CHF   71.670
EFG International Financ14.000  8/25/2022  USD   59.540
EFG International Financ13.000  8/25/2022  CHF   62.940
UniCredit Bank AG       9.650   09/07/2022 EUR   62.820
DZ Bank AG Deutsche Zent24.800  3/25/2022  EUR   74.960
BNP Paribas Emissions- u12.000  3/24/2022  EUR   71.400
BNP Paribas Emissions- u14.000  6/23/2022  EUR   71.140
BNP Paribas Emissions- u10.000  9/22/2022  EUR   75.670
BNP Paribas Emissions- u12.000  9/22/2022  EUR   73.200
Landesbank Baden-Wuertte4.000   10/28/2022 EUR   65.010
Landesbank Baden-Wuertte6.500   10/28/2022 EUR   62.010
Vontobel Financial Produ12.250  6/24/2022  EUR   52.700
DZ Bank AG Deutsche Zent20.100  9/23/2022  EUR   51.750
Raiffeisen Schweiz Genos12.000  06/01/2022 CHF   62.780
Leonteq Securities AG   18.000  04/08/2022 CHF   61.740
UBS AG/London           14.250  10/07/2022 USD   67.050
Bank Julius Baer & Co Lt14.650  07/07/2022 USD   57.150
Leonteq Securities AG/Gu19.000  04/08/2022 USD   61.980
EFG International Financ24.000  06/07/2022 USD   42.690
UBS AG/London           9.500   04/11/2022 CHF   54.850
Landesbank Baden-Wuertte5.400   11/25/2022 EUR   47.950
Landesbank Baden-Wuertte4.350   11/25/2022 EUR   49.440
Leonteq Securities AG   18.000  04/12/2022 CHF   55.280
Landesbank Baden-Wuertte7.000   1/28/2022  EUR   62.180
Vontobel Financial Produ16.500  6/24/2022  EUR   38.666
Leonteq Securities AG/Gu3.910   03/03/2023 CHF   74.010
Zurcher Kantonalbank Fin17.250  09/02/2022 CHF   48.650
Corner Banca SA         20.000  8/30/2022  USD   75.500
Leonteq Securities AG/Gu13.000  11/30/2022 USD   76.260
Vontobel Financial Produ9.500   9/23/2022  EUR   74.526
Vontobel Financial Produ12.000  6/24/2022  EUR   73.481
Vontobel Financial Produ7.000   6/24/2022  EUR   73.013
Vontobel Financial Produ19.500  6/24/2022  EUR   75.341
Raiffeisen Schweiz Genos18.000  8/30/2022  CHF   70.450
Landesbank Baden-Wuertte4.800   8/25/2023  EUR   56.490
Landesbank Baden-Wuertte6.100   8/25/2023  EUR   55.360
BNP Paribas Emissions- u11.000  6/23/2022  EUR   54.410
BNP Paribas Emissions- u8.000   3/24/2022  EUR   57.580
BNP Paribas Emissions- u10.000  3/24/2022  EUR   53.780
BNP Paribas Emissions- u14.000  3/24/2022  EUR   51.000
BNP Paribas Emissions- u17.000  3/24/2022  EUR   46.770
BNP Paribas Emissions- u9.000   6/23/2022  EUR   55.670
Luzerner Kantonalbank AG7.500   6/15/2022  CHF   70.840
Leonteq Securities AG/Gu6.000   12/01/2023 CHF   70.640
Zurcher Kantonalbank Fin11.000  1/27/2022  USD   50.270
SG Issuer SA            1.400   12/28/2032 EUR   29.050
Landesbank Baden-Wuertte3.000   1/28/2022  EUR   44.720
Landesbank Baden-Wuertte5.550   1/28/2022  EUR   39.650
Zurcher Kantonalbank Fin7.500   4/29/2022  CHF   53.200
Zurcher Kantonalbank Fin8.000   4/29/2022  USD   53.280
UBS AG/London           15.250  7/21/2022  USD   73.700
Corner Banca SA         13.000  1/19/2022  CHF   58.560
Leonteq Securities AG/Gu15.000  1/19/2022  USD   53.940
Leonteq Securities AG/Gu20.960  1/19/2022  USD   55.740
Zurcher Kantonalbank Fin7.000   7/25/2022  CHF   73.270
Credit Suisse AG/London 12.000  4/15/2022  USD   53.820
Credit Suisse AG/London 11.000  4/19/2022  CHF   53.300
Zurcher Kantonalbank Fin10.200  1/27/2022  CHF   55.010
DZ Bank AG Deutsche Zent7.000   3/23/2022  EUR   72.750
Vontobel Financial Produ12.000  9/27/2022  EUR   73.390
Vontobel Financial Produ16.750  6/24/2022  EUR   75.202
EFG International Financ24.360  5/27/2022  CHF   68.290
Leonteq Securities AG/Gu24.600  8/26/2022  USD   71.950
Leonteq Securities AG   21.040  1/19/2022  CHF   54.060
SG Issuer SA            2.100   01/06/2033 EUR   30.650
SG Issuer SA            1.500   12/30/2032 EUR   48.570
Leonteq Securities AG/Gu8.130   2/21/2022  EUR   59.230
Credit Suisse AG/London 6.000   8/24/2022  CHF   74.950
UBS AG/London           7.000   2/21/2022  EUR   69.300
Leonteq Securities AG/Gu6.000   2/20/2023  CHF   66.440
Leonteq Securities AG/Gu4.000   2/21/2022  EUR   61.480
Landesbank Baden-Wuertte2.650   1/27/2023  EUR   70.230
Societe Generale SA     4.500   12/29/2022 USD   6.540
Landesbank Baden-Wuertte2.850   9/23/2022  EUR   55.770
Landesbank Baden-Wuertte4.700   9/23/2022  EUR   53.020
Leonteq Securities AG   22.220  9/16/2022  CHF   68.370
Leonteq Securities AG   17.200  9/20/2022  CHF   63.860
Landesbank Baden-Wuertte9.000   10/28/2022 EUR   59.640
Zurcher Kantonalbank Fin26.500  9/13/2022  USD   63.730
Zurcher Kantonalbank Fin25.500  9/13/2022  CHF   63.160
UBS AG/London           9.750   3/15/2023  CHF   72.700
Bank Vontobel AG        21.502  05/12/2022 CHF   63.350
Zurcher Kantonalbank Fin10.750  7/15/2022  EUR   62.630
Leonteq Securities AG   12.400  05/12/2022 CHF   56.460
Zurcher Kantonalbank Fin8.000   2/23/2022  CHF   55.030
Zurcher Kantonalbank Fin12.000  6/21/2022  CHF   69.850
Vontobel Financial Produ9.250   6/24/2022  EUR   74.535
Leonteq Securities AG   10.000  12/14/2022 CHF   72.450
DZ Bank AG Deutsche Zent9.410   8/26/2022  EUR   58.520
Vontobel Financial Produ7.350   6/15/2022  USD   58.950
Vontobel Financial Produ16.500  3/25/2022  EUR   73.360
Vontobel Financial Produ15.500  3/25/2022  EUR   74.790
Vontobel Financial Produ19.500  3/25/2022  EUR   64.060
Vontobel Financial Produ17.500  6/24/2022  EUR   48.800
Vontobel Financial Produ9.000   3/25/2022  EUR   56.670
Vontobel Financial Produ12.000  3/25/2022  EUR   53.090
Zurcher Kantonalbank Fin15.500  05/10/2022 CHF   72.660
Zurcher Kantonalbank Fin11.250  07/06/2022 EUR   45.490
Leonteq Securities AG/Gu20.000  07/06/2022 CHF   76.490
Vontobel Financial Produ8.000   6/24/2022  EUR   69.192
Vontobel Financial Produ8.500   6/24/2022  EUR   58.118
Societe Generale SA     6.000   06/06/2022 USD   2.310
Leonteq Securities AG   12.000  05/03/2022 CHF   76.390
Leonteq Securities AG/Gu24.190  8/30/2022  CHF   65.750
Leonteq Securities AG/Gu16.000  06/01/2022 USD   41.570
BNP Paribas Emissions- u13.000  6/23/2022  EUR   52.680
BNP Paribas Emissions- u8.500   3/24/2022  EUR   55.920
BNP Paribas Emissions- u13.000  3/24/2022  EUR   52.180
BNP Paribas Emissions- u15.000  3/24/2022  EUR   49.890
BNP Paribas Emissions- u8.000   6/23/2022  EUR   59.310
BNP Paribas Emissions- u8.500   6/23/2022  EUR   57.830
Vontobel Financial Produ18.750  6/24/2022  EUR   39.720
Vontobel Financial Produ14.500  6/24/2022  EUR   37.780
Societe Generale SA     18.000  05/02/2024 USD   55.600
Vontobel Financial Produ10.500  6/24/2022  EUR   58.550
Bank Julius Baer & Co Lt14.580  09/09/2022 USD   69.250
Vontobel Financial Produ17.850  03/10/2022 USD   73.978
Leonteq Securities AG   16.000  6/28/2022  CHF   53.230
Corner Banca SA         17.000  6/28/2022  EUR   72.050
Leonteq Securities AG   17.000  6/28/2022  CHF   65.720
Leonteq Securities AG/Gu8.000   12/28/2022 CHF   74.810
Leonteq Securities AG/Gu12.000  6/28/2022  CHF   36.100
Leonteq Securities AG/Gu22.560  6/24/2022  CHF   45.150
Leonteq Securities AG/Gu26.030  6/24/2022  CHF   63.610
Raiffeisen Schweiz Genos12.000  6/29/2022  CHF   72.750
Raiffeisen Schweiz Genos10.000  6/29/2022  CHF   73.060
Raiffeisen Schweiz Genos20.000  6/29/2022  CHF   66.640
Raiffeisen Schweiz Genos11.000  6/29/2022  CHF   72.150
Corner Banca SA         20.000  04/06/2022 USD   58.920
Bank Julius Baer & Co Lt10.000  06/02/2022 CHF   67.300
DZ Bank AG Deutsche Zent11.750  3/23/2022  EUR   73.230
DZ Bank AG Deutsche Zent11.000  6/22/2022  EUR   74.410
Vontobel Financial Produ23.950  06/03/2022 EUR   39.153
Zurcher Kantonalbank Fin15.000  4/20/2022  CHF   68.070
Leonteq Securities AG/Gu7.400   12/01/2023 USD   70.650
EFG International Financ7.100   04/06/2022 EUR   73.310
Landesbank Baden-Wuertte7.050   4/25/2022  EUR   39.260
Bank Vontobel AG        11.500  4/25/2022  USD   43.680
Landesbank Baden-Wuertte4.850   6/24/2022  EUR   37.490
Landesbank Baden-Wuertte2.700   4/25/2022  EUR   48.500
Landesbank Baden-Wuertte4.700   4/25/2022  EUR   43.170
Vontobel Financial Produ14.750  6/24/2022  EUR   68.725
Leonteq Securities AG/Gu10.000  11/17/2022 USD   73.480
Landesbank Baden-Wuertte4.100   1/28/2022  EUR   43.190
Landesbank Baden-Wuertte3.250   2/24/2023  EUR   59.460
Leonteq Securities AG/Gu8.500   11/14/2022 EUR   73.130
Leonteq Securities AG   8.500   11/17/2022 CHF   72.730
Vontobel Financial Produ21.000  6/24/2022  EUR   74.190
Leonteq Securities AG/Gu1.200   03/05/2026 EUR   #N/A N/A
Societe Generale Effekte22.000  3/25/2022  EUR   67.740
Goldman Sachs & Co Wertp25.000  1/26/2022  EUR   74.680
Goldman Sachs & Co Wertp21.000  2/23/2022  EUR   74.440
Vontobel Financial Produ18.500  6/24/2022  EUR   53.940
Vontobel Financial Produ7.000   6/24/2022  EUR   62.270
Leonteq Securities AG/Gu22.000  09/09/2022 CHF   64.760
Landesbank Baden-Wuertte4.050   8/26/2022  EUR   44.350
Vontobel Financial Produ0.212   02/03/2023 EUR   76.100
Raiffeisen Switzerland B9.000   7/29/2022  CHF   68.130
Vontobel Financial Produ18.350  9/23/2022  EUR   73.292
Vontobel Financial Produ15.000  6/24/2022  EUR   72.267
Vontobel Financial Produ9.500   6/24/2022  EUR   42.865
Bank Julius Baer & Co Lt11.000  6/27/2022  CHF   76.300
Vontobel Financial Produ14.000  6/24/2022  EUR   55.660
EFG International Financ15.000  02/03/2022 USD   42.450
Raiffeisen Switzerland B10.000  02/01/2022 CHF   75.060
UBS AG/London           10.250  08/03/2022 CHF   68.300
UBS AG/London           11.250  02/03/2023 CHF   57.800
UBS AG/London           19.750  02/03/2022 USD   35.250
DZ Bank AG Deutsche Zent7.000   12/23/2022 EUR   63.080
Leonteq Securities AG/Gu15.740  08/10/2022 USD   50.700
Leonteq Securities AG/Gu12.000  2/16/2022  CHF   48.270
Leonteq Securities AG/Gu24.870  6/14/2022  CHF   43.440
Credit Suisse AG/London 12.000  4/29/2022  USD   39.320
Vontobel Financial Produ18.000  6/24/2022  EUR   71.870
Vontobel Financial Produ18.000  3/25/2022  EUR   72.120
Vontobel Financial Produ15.000  6/24/2022  EUR   74.840
Vontobel Financial Produ19.500  3/25/2022  EUR   74.280
Vontobel Financial Produ18.000  6/24/2022  EUR   65.770
Vontobel Financial Produ12.000  3/25/2022  EUR   73.850
Vontobel Financial Produ10.000  6/24/2022  EUR   54.550
Vontobel Financial Produ7.500   6/24/2022  EUR   57.390
Vontobel Financial Produ15.000  3/25/2022  EUR   50.100
Zurcher Kantonalbank Fin15.250  07/06/2022 CHF   62.840
Landesbank Baden-Wuertte3.500   8/26/2022  EUR   43.950
Landesbank Baden-Wuertte5.450   8/26/2022  EUR   38.690
Landesbank Baden-Wuertte3.000   10/25/2024 EUR   47.980
Bank Julius Baer & Co Lt18.300  2/18/2022  USD   71.550
Bank Vontobel AG        6.500   2/20/2023  CHF   76.900
UniCredit Bank AG       4.450   09/11/2023 EUR   38.670
Leonteq Securities AG/Gu26.460  08/09/2022 CHF   59.160
Leonteq Securities AG/Gu16.000  6/21/2022  USD   55.410
SG Issuer SA            0.021   8/15/2033  EUR   25.080
Bank Julius Baer & Co Lt21.450  1/28/2022  EUR   68.050
Raiffeisen Schweiz Genos12.000  11/09/2022 CHF   70.200
Bank Julius Baer & Co Lt5.250   08/10/2022 CHF   69.850
Zurcher Kantonalbank Fin29.000  8/17/2022  CHF   71.360
Leonteq Securities AG/Gu22.310  08/10/2022 USD   42.510
BNP Paribas Emissions- u8.000   3/24/2022  EUR   75.100
BNP Paribas Emissions- u10.000  6/23/2022  EUR   73.260
Vontobel Financial Produ18.500  9/23/2022  EUR   73.411
Vontobel Financial Produ24.000  6/24/2022  EUR   72.545
Zurcher Kantonalbank Fin30.000  8/17/2022  USD   71.650
Bank Vontobel AG        13.259  7/29/2022  CHF   55.220
SG Issuer SA            1.400   03/07/2033 EUR   28.990
Leonteq Securities AG/Gu9.000   02/01/2023 CHF   68.940
Societe Generale SA     4.500   12/29/2022 USD   #N/A N/A
Vontobel Financial Produ16.000  6/24/2022  EUR   73.990
Vontobel Financial Produ19.500  6/24/2022  EUR   72.060
Vontobel Financial Produ18.000  6/24/2022  EUR   73.110
EFG International Financ17.000  9/15/2022  EUR   66.510
EFG International Financ7.000   2/21/2022  CHF   66.980
Vontobel Financial Produ19.000  9/23/2022  EUR   67.391
Vontobel Financial Produ15.000  9/23/2022  EUR   73.260
Vontobel Financial Produ19.500  6/24/2022  EUR   75.060
EFG International Financ22.900  6/15/2022  CHF   68.580
Landesbank Baden-Wuertte6.800   9/23/2022  EUR   50.970
SG Issuer SA            7.600   1/20/2025  SEK   72.620
EFG International Financ22.000  9/15/2022  CHF   72.450
Leonteq Securities AG   22.860  04/12/2022 CHF   40.240
Leonteq Securities AG/Gu24.600  10/07/2022 CHF   70.370
Leonteq Securities AG/Gu26.400  10/07/2022 CHF   73.190
Landesbank Baden-Wuertte3.150   6/24/2022  EUR   43.250
UniCredit Bank AG       4.200   7/26/2022  EUR   28.300
UniCredit Bank AG       4.450   7/23/2022  EUR   70.800
Bayerische Landesbank   2.000   1/28/2022  EUR   59.370
DZ Bank AG Deutsche Zent17.200  6/24/2022  EUR   47.600
DZ Bank AG Deutsche Zent10.300  3/25/2022  EUR   75.170
DZ Bank AG Deutsche Zent16.200  3/25/2022  EUR   69.260
DZ Bank AG Deutsche Zent8.900   6/24/2022  EUR   75.380
UBS AG/London           10.250  5/30/2023  CHF   66.650
Vontobel Financial Produ10.000  3/25/2022  EUR   39.260
Vontobel Financial Produ13.000  3/25/2022  EUR   36.230
Vontobel Financial Produ14.000  3/25/2022  EUR   48.200
Vontobel Financial Produ11.000  3/25/2022  EUR   62.120
Vontobel Financial Produ18.000  3/25/2022  EUR   66.110
DekaBank Deutsche Giroze4.000   07/07/2022 EUR   48.810
DZ Bank AG Deutsche Zent13.000  3/23/2022  EUR   73.470
Raiffeisen Schweiz Genos14.000  07/12/2022 CHF   70.150
Leonteq Securities AG/Gu22.870  06/09/2022 CHF   68.570
UBS AG/London           8.250   5/27/2022  CHF   74.200
Vontobel Financial Produ14.500  3/25/2022  EUR   73.680
Vontobel Financial Produ17.500  3/25/2022  EUR   69.410
Vontobel Financial Produ10.500  3/25/2022  EUR   32.129
EFG International Financ6.000   12/22/2023 USD   43.430
Raiffeisen Schweiz Genos16.200  9/14/2022  CHF   66.700
UBS AG/London           12.500  6/23/2022  USD   50.750
UBS AG/London           8.750   6/23/2022  CHF   49.350
Zurcher Kantonalbank Fin15.500  01/06/2022 CHF   69.400
Landesbank Baden-Wuertte3.100   7/22/2022  EUR   75.550
Landesbank Baden-Wuertte8.750   7/22/2022  EUR   62.730
Vontobel Financial Produ6.000   9/23/2022  EUR   73.550
SG Issuer SA            0.021   07/07/2033 EUR   27.430
Landesbank Baden-Wuertte5.850   7/22/2022  EUR   67.710
DZ Bank AG Deutsche Zent9.000   2/23/2022  EUR   37.720
DZ Bank AG Deutsche Zent12.250  2/23/2022  EUR   65.550
Corner Banca SA         20.000  9/13/2022  CHF   66.260
Leonteq Securities AG/Gu18.000  9/13/2022  USD   73.400
UBS AG/London           13.000  6/23/2022  CHF   51.400
Bank Vontobel AG        14.250  11/07/2022 CHF   52.640
Araratbank OJSC         5.250   09/11/2022 USD   25.464
Landesbank Baden-Wuertte3.050   9/23/2022  EUR   52.790
Vontobel Financial Produ11.500  12/23/2022 EUR   69.940
Vontobel Financial Produ5.500   12/23/2022 EUR   74.680
Vontobel Financial Produ15.000  12/23/2022 EUR   68.960
Leonteq Securities AG/Gu22.800  11/11/2022 CHF   60.850
Bayerische Landesbank   2.000   2/18/2022  EUR   58.300
UniCredit Bank AG       3.500   8/24/2022  EUR   56.960
Vontobel Financial Produ8.500   12/23/2022 EUR   72.000
Credit Suisse AG/London 11.500  06/01/2022 EUR   65.800
Vontobel Financial Produ10.000  6/24/2022  EUR   63.740
Vontobel Financial Produ9.750   6/24/2022  EUR   54.476
Vontobel Financial Produ7.000   3/25/2022  EUR   43.200
Vontobel Financial Produ9.500   3/25/2022  EUR   64.580
Leonteq Securities AG   5.400   7/25/2022  CHF   61.940
Vontobel Financial Produ13.500  3/25/2022  EUR   74.290
Vontobel Financial Produ16.500  3/25/2022  EUR   68.580
Bank Julius Baer & Co Lt10.150  4/25/2022  USD   52.300
SG Issuer SA            0.021   6/14/2033  EUR   28.190
Vontobel Financial Produ18.650  06/09/2022 EUR   43.160
Vontobel Financial Produ14.000  6/24/2022  EUR   70.746
EFG International Financ6.000   7/13/2022  EUR   77.780
Leonteq Securities AG   20.410  9/14/2022  CHF   66.480
Vontobel Financial Produ22.250  12/23/2022 EUR   73.172
DZ Bank AG Deutsche Zent7.000   3/23/2022  EUR   72.170
DZ Bank AG Deutsche Zent13.500  6/22/2022  EUR   75.660
Zurcher Kantonalbank Fin15.000  7/20/2022  CHF   74.360
DZ Bank AG Deutsche Zent12.000  6/22/2022  EUR   73.550
Credit Suisse AG/London 11.000  06/08/2022 CHF   67.800
EFG International Financ7.000   12/29/2022 USD   32.700
DZ Bank AG Deutsche Zent17.800  3/25/2022  EUR   59.300
Landesbank Baden-Wuertte3.150   7/22/2022  EUR   51.220
Landesbank Baden-Wuertte4.500   7/22/2022  EUR   49.200
Vontobel Financial Produ14.000  3/25/2022  EUR   66.180
Vontobel Financial Produ8.000   3/25/2022  EUR   40.980
Vontobel Financial Produ9.000   06/08/2022 EUR   56.560
Leonteq Securities AG/Gu10.000  07/06/2022 EUR   73.790
Vontobel Financial Produ12.000  3/25/2022  EUR   59.760
Vontobel Financial Produ15.000  3/25/2022  EUR   71.300
Vontobel Financial Produ11.500  3/25/2022  EUR   37.650
Vontobel Financial Produ8.000   3/25/2022  EUR   58.030
Leonteq Securities AG/Gu7.000   07/06/2022 EUR   50.800
Vontobel Financial Produ11.000  3/25/2022  EUR   70.300
Leonteq Securities AG/Gu12.000  10/11/2022 CHF   64.420
Leonteq Securities AG/Gu10.000  4/29/2022  USD   44.890
Corner Banca SA         15.000  05/02/2022 USD   46.460
Zurcher Kantonalbank Fin8.000   2/25/2022  CHF   68.280
SG Issuer SA            0.800   10/28/2030 EUR   20.150
Leonteq Securities AG/Gu23.690  06/03/2022 CHF   42.580
SG Issuer SA            0.500   10/29/2030 EUR   52.050
Landesbank Baden-Wuertte6.600   1/27/2023  EUR   75.050
Landesbank Baden-Wuertte8.750   1/27/2023  EUR   71.690
Banque Internationale a 7.500   7/28/2022  USD   73.740
Landesbank Baden-Wuertte7.200   1/27/2023  EUR   51.190
UniCredit Bank AG       12.400  8/17/2022  EUR   72.430
Landesbank Baden-Wuertte3.300   1/27/2023  EUR   55.640
Landesbank Baden-Wuertte5.150   1/27/2023  EUR   53.140
Vontobel Financial Produ14.000  4/26/2022  CHF   44.496
Bank Julius Baer & Co Lt9.600   7/29/2022  USD   60.900
Leonteq Securities AG/Gu20.000  08/03/2022 CHF   68.640
Landesbank Baden-Wuertte3.800   6/23/2023  EUR   65.970
Bank Vontobel AG        8.005   12/27/2022 CHF   76.100
Landesbank Baden-Wuertte2.800   6/23/2023  EUR   48.840
Landesbank Baden-Wuertte2.600   6/23/2023  EUR   68.840
UniCredit Bank AG       9.800   7/27/2022  EUR   67.930
Landesbank Baden-Wuertte5.000   6/23/2023  EUR   63.590
Leonteq Securities AG   20.400  10/26/2022 CHF   72.850
UBS AG/London           10.000  1/18/2022  USD   45.950
Vontobel Financial Produ17.750  6/24/2022  EUR   58.546
EFG International Financ17.000  6/30/2022  CHF   70.730
Landesbank Baden-Wuertte2.200   1/27/2023  EUR   41.670
UniCredit Bank AG       5.450   3/15/2022  EUR   39.270
UBS AG/London           14.750  5/25/2022  CHF   53.900
Corner Banca SA         12.000  06/01/2022 CHF   50.870
Landesbank Baden-Wuertte3.200   11/25/2022 EUR   53.280
Landesbank Baden-Wuertte5.100   11/25/2022 EUR   48.700
UBS AG/London           10.000  06/02/2022 CHF   70.050
UBS AG/London           15.000  06/03/2022 USD   48.500
Leonteq Securities AG/Gu21.520  07/01/2022 CHF   39.980
Leonteq Securities AG/Gu25.460  07/01/2022 CHF   46.460
Bank Julius Baer & Co Lt9.000   07/01/2022 USD   58.300
Zurcher Kantonalbank Fin10.000  01/07/2022 CHF   73.310
Corner Banca SA         16.000  07/06/2022 CHF   66.410
UBS AG/London           13.250  4/29/2022  CHF   61.200
DekaBank Deutsche Giroze2.800   05/02/2022 EUR   46.520
Landesbank Baden-Wuertte2.300   6/24/2022  EUR   49.120
Leonteq Securities AG   29.500  9/27/2022  CHF   75.540
Vontobel Financial Produ6.000   12/23/2022 EUR   69.490
Vontobel Financial Produ9.000   12/23/2022 EUR   67.440
Vontobel Financial Produ11.000  12/23/2022 EUR   73.769
Vontobel Financial Produ12.000  12/23/2022 EUR   65.980
Zurcher Kantonalbank Fin20.500  08/09/2022 CHF   65.750
DZ Bank AG Deutsche Zent6.000   9/21/2022  EUR   74.060
Vontobel Financial Produ9.400   12/30/2022 CHF   53.849
Leonteq Securities AG   23.390  4/19/2022  CHF   52.970
Credit Suisse AG/London 11.000  4/15/2022  USD   58.940
Vontobel Financial Produ9.000   6/24/2022  EUR   70.940
Vontobel Financial Produ11.500  6/24/2022  EUR   69.100
Vontobel Financial Produ14.000  6/24/2022  EUR   67.530
Vontobel Financial Produ7.500   3/25/2022  EUR   72.990
Vontobel Financial Produ10.000  3/25/2022  EUR   70.170
Vontobel Financial Produ7.000   6/24/2022  EUR   73.310
Vontobel Financial Produ18.000  6/24/2022  EUR   71.770
Vontobel Financial Produ19.000  6/24/2022  EUR   71.120
Vontobel Financial Produ19.500  3/25/2022  EUR   72.490
Vontobel Financial Produ18.500  3/25/2022  EUR   73.580
Vontobel Financial Produ21.500  3/25/2022  EUR   70.440
Vontobel Financial Produ15.500  6/24/2022  EUR   74.210
Vontobel Financial Produ16.500  6/24/2022  EUR   73.440
Vontobel Financial Produ19.500  6/24/2022  EUR   70.270
Vontobel Financial Produ17.500  6/24/2022  EUR   72.700
Vontobel Financial Produ20.500  3/25/2022  EUR   71.440
Vontobel Financial Produ13.000  3/25/2022  EUR   67.760
EFG International Financ6.500   4/20/2022  CHF   76.870
Leonteq Securities AG/Gu8.410   4/21/2022  EUR   63.400
EFG International Financ16.000  10/27/2022 CHF   72.530
Bank Vontobel AG        13.008  1/17/2022  CHF   51.140
EFG International Financ5.500   4/20/2022  USD   62.610
DZ Bank AG Deutsche Zent11.500  3/23/2022  EUR   73.150
DZ Bank AG Deutsche Zent6.750   6/22/2022  EUR   75.820
Vontobel Financial Produ13.000  6/24/2022  EUR   65.561
UniCredit Bank AG       7.000   3/29/2022  EUR   29.390
Leonteq Securities AG/Gu21.100  4/21/2022  CHF   54.820
DZ Bank AG Deutsche Zent22.700  3/25/2022  EUR   64.390
DZ Bank AG Deutsche Zent23.500  3/25/2022  EUR   64.440
Vontobel Financial Produ10.000  6/24/2022  EUR   43.631
Vontobel Financial Produ12.900  4/26/2022  EUR   34.079
Bank Julius Baer & Co Lt11.150  4/22/2022  CHF   74.800
Bank Julius Baer & Co Lt16.250  4/22/2022  USD   72.700
Leonteq Securities AG   10.000  7/20/2022  CHF   44.640
Leonteq Securities AG/Gu12.000  4/22/2022  USD   50.550
Leonteq Securities AG   23.030  4/22/2022  CHF   62.300
Bank Julius Baer & Co Lt22.500  4/27/2022  USD   76.950
Leonteq Securities AG   15.000  08/02/2022 CHF   48.800
Leonteq Securities AG/Gu17.000  08/02/2022 USD   57.300
Leonteq Securities AG/Gu10.000  1/30/2023  USD   71.250
Vontobel Financial Produ9.500   6/24/2022  EUR   45.163
Landesbank Baden-Wuertte7.200   7/22/2022  EUR   46.680
Landesbank Baden-Wuertte9.250   7/22/2022  EUR   45.690
Vontobel Financial Produ13.000  9/23/2022  EUR   70.170
Vontobel Financial Produ18.000  9/23/2022  EUR   66.700
Vontobel Financial Produ11.500  9/23/2022  EUR   72.730
Vontobel Financial Produ15.000  9/23/2022  EUR   70.140
Leonteq Securities AG/Gu24.610  7/15/2022  CHF   74.510
Leonteq Securities AG/Gu28.010  4/19/2022  CHF   27.550
Vontobel Financial Produ10.750  6/24/2022  EUR   74.366
Leonteq Securities AG/Gu7.000   7/22/2022  CHF   70.310
Bank Julius Baer & Co Lt7.200   1/26/2022  CHF   65.700
Societe Generale Effekte16.465  04/06/2022 EUR   62.900
Raiffeisen Switzerland B12.000  1/25/2022  CHF   52.160
Leonteq Securities AG/Gu10.000  4/26/2022  EUR   63.810
Leonteq Securities AG   15.000  1/25/2022  CHF   51.530
Bank Julius Baer & Co Lt10.800  5/25/2022  USD   59.150
DZ Bank AG Deutsche Zent18.400  6/24/2022  EUR   56.520
DZ Bank AG Deutsche Zent13.300  6/24/2022  EUR   70.690
Leonteq Securities AG/Gu6.000   11/27/2023 CHF   70.770
DZ Bank AG Deutsche Zent10.000  6/20/2022  EUR   #N/A N/A
UniCredit Bank AG       8.200   2/16/2022  EUR   60.620
Leonteq Securities AG   12.000  1/25/2022  CHF   74.900
Leonteq Securities AG/Gu13.000  7/25/2022  USD   56.080
DZ Bank AG Deutsche Zent9.750   3/23/2022  EUR   73.920
Bank Julius Baer & Co Lt14.500  1/13/2023  USD   57.000
Bank Vontobel AG        6.504   12/05/2022 CHF   66.570
Bank Vontobel AG        6.504   12/05/2022 CHF   66.570
Bank Vontobel AG        20.004  08/10/2022 CHF   72.400
UBS AG/London           15.250  2/24/2022  USD   40.750
UBS AG/London           6.500   8/24/2022  CHF   51.000
Vontobel Financial Produ12.000  3/25/2022  EUR   73.630
Vontobel Financial Produ16.000  3/25/2022  EUR   64.940
Vontobel Financial Produ13.500  3/25/2022  EUR   68.980
Zurcher Kantonalbank Fin23.000  2/25/2022  USD   66.660
Credit Suisse AG/London 8.100   8/23/2022  CHF   68.010
Credit Suisse AG/London 11.000  2/23/2022  USD   45.000
Vontobel Financial Produ18.500  3/25/2022  EUR   61.470
Vontobel Financial Produ21.000  3/25/2022  EUR   58.490
Landesbank Baden-Wuertte3.050   3/25/2022  EUR   48.370
Landesbank Baden-Wuertte5.000   3/25/2022  EUR   44.200
Landesbank Baden-Wuertte7.300   3/25/2022  EUR   40.910
Credit Suisse AG/London 11.750  2/18/2022  USD   44.410
Bank Vontobel AG        10.508  8/19/2022  CHF   52.140
Leonteq Securities AG   15.000  5/19/2022  CHF   49.660
Vontobel Financial Produ21.500  3/25/2022  EUR   73.080
Vontobel Financial Produ13.500  3/25/2022  EUR   66.070
Leonteq Securities AG   14.000  5/19/2022  CHF   71.710
Bank Vontobel AG        10.507  8/19/2022  CHF   52.140
Leonteq Securities AG   15.000  8/19/2022  CHF   68.140
Corner Banca SA         19.000  5/23/2022  USD   51.660
Vontobel Financial Produ23.000  3/25/2022  EUR   70.940
Vontobel Financial Produ10.500  3/25/2022  EUR   70.190
Leonteq Securities AG   17.000  2/23/2022  CHF   85.500
UniCredit Bank AG       4.150   7/26/2022  EUR   44.840
UniCredit Bank AG       3.650   7/23/2022  EUR   52.310
DZ Bank AG Deutsche Zent23.200  6/24/2022  EUR   71.740
DZ Bank AG Deutsche Zent16.100  3/25/2022  EUR   58.370
UBS AG/London           10.500  1/23/2023  CHF   70.250
UBS AG/London           8.250   7/21/2022  USD   65.650
Credit Suisse AG/London 11.500  8/25/2022  USD   61.010
Credit Suisse AG/London 10.000  09/09/2022 USD   76.090
Credit Suisse AG/London 8.500   6/24/2022  CHF   64.320
Credit Suisse AG/London 15.000  6/27/2022  USD   55.280
UBS AG/London           19.000  2/17/2022  CHF   64.500
Credit Suisse AG/London 11.750  09/08/2022 USD   69.540
Credit Suisse AG/London 10.500  09/12/2022 CHF   65.780
Credit Suisse AG/London 8.500   9/13/2022  CHF   65.580
UBS AG/London           11.000  6/30/2022  CHF   66.450
UBS AG/London           14.500  6/30/2022  CHF   70.200
Credit Suisse AG/London 11.000  12/20/2022 CHF   66.320
Credit Suisse AG/London 10.250  9/21/2022  CHF   62.410
UBS AG/London           11.000  7/21/2023  USD   65.200
Credit Suisse AG/London 12.000  6/30/2022  CHF   47.380
Credit Suisse AG/London 11.500  07/04/2022 CHF   66.130
Credit Suisse AG/London 12.500  8/18/2022  CHF   69.070
UBS AG/London           10.000  2/20/2023  EUR   69.050
UBS AG/London           9.250   2/20/2023  CHF   70.700
UBS AG/London           14.750  3/22/2023  USD   74.800
Credit Suisse AG/London 9.000   10/07/2022 CHF   72.860
Credit Suisse AG/London 15.000  10/14/2022 USD   59.490
UBS AG/London           9.250   03/01/2023 CHF   66.850
UBS AG/London           20.250  03/01/2023 CHF   75.550
UBS AG/London           9.750   03/01/2023 CHF   71.400
Credit Suisse AG/London 14.500  9/30/2022  USD   58.490
UBS AG/London           10.250  03/09/2023 USD   74.650
UBS AG/London           15.750  03/09/2023 USD   70.950
UBS AG/London           8.000   01/09/2023 CHF   74.650
Zurcher Kantonalbank Fin15.000  9/23/2022  CHF   64.610
UBS AG/London           9.250   2/13/2023  USD   55.350
UBS AG/London           9.250   2/20/2023  CHF   71.950
Bank Vontobel AG        8.750   4/18/2023  CHF   76.100
UBS AG/London           15.000  09/09/2022 USD   68.950
Bank Vontobel AG        10.000  11/28/2022 CHF   68.900
Bank Vontobel AG        17.000  09/05/2022 CHF   76.100
Bank Vontobel AG        19.000  12/05/2022 CHF   75.600
Bank Vontobel AG        19.500  09/05/2022 CHF   56.320
Zurcher Kantonalbank Fin25.000  9/20/2022  CHF   62.340
Credit Suisse AG/London 12.500  7/14/2022  USD   40.230
Credit Suisse AG/London 7.500   10/20/2022 USD   72.110
UBS AG/London           12.250  4/13/2023  CHF   75.650
UBS AG/London           10.750  3/15/2023  CHF   69.150
UBS AG/London           15.250  9/15/2023  USD   70.550
UBS AG/London           18.250  3/15/2023  CHF   68.300
UBS AG/London           12.000  3/22/2023  CHF   71.650
UBS AG/London           8.500   9/22/2022  CHF   #N/A N/A
UBS AG/London           10.250  1/17/2023  USD   64.750
UBS AG/London           21.250  7/14/2022  CHF   73.050
Zurcher Kantonalbank Fin19.500  09/08/2022 CHF   63.360
Credit Suisse AG/London 10.000  7/22/2022  CHF   48.530
Credit Suisse AG/London 16.000  7/22/2022  USD   40.810
Bank Vontobel AG        8.500   1/23/2023  CHF   70.520
Leonteq Securities AG/Gu10.000  02/01/2023 CHF   55.150
UBS AG/London           20.250  7/28/2022  USD   47.950
UBS AG/London           28.500  7/28/2022  USD   70.150
Credit Suisse AG/London 16.000  08/05/2022 USD   62.410
Credit Suisse AG/London 10.250  11/09/2022 USD   56.920
UBS AG/London           13.000  3/29/2023  USD   75.750
Credit Suisse AG/London 10.000  11/30/2022 CHF   75.440
Credit Suisse AG/London 8.500   6/30/2022  CHF   53.530
Bank Vontobel AG        20.000  12/19/2022 CHF   67.460
Credit Suisse AG/London 15.250  9/19/2022  EUR   69.440
Credit Suisse AG/London 13.000  6/30/2022  USD   47.520
Credit Suisse AG/London 15.000  07/07/2022 USD   52.490
Credit Suisse AG/London 13.500  8/17/2022  CHF   43.920
Credit Suisse AG/London 11.500  8/23/2022  CHF   74.110
Zurcher Kantonalbank Fin21.000  10/04/2022 CHF   75.450
UBS AG/London           7.000   8/18/2022  USD   63.900
UBS AG/London           13.500  07/07/2022 CHF   52.550
UBS AG/London           12.250  07/08/2022 USD   74.550
Zurcher Kantonalbank Fin19.500  9/15/2022  USD   70.160
UBS AG/London           14.000  08/04/2022 USD   75.500
Bank Vontobel AG        20.000  9/26/2022  CHF   64.680
UBS AG/London           11.500  03/01/2023 USD   76.700
UBS AG/London           11.250  03/01/2023 CHF   72.450
Credit Suisse AG/London 10.000  12/28/2022 USD   74.020
Credit Suisse AG/London 11.500  9/29/2022  CHF   70.090
Landesbank Baden-Wuertte2.500   6/24/2022  EUR   55.660
Landesbank Baden-Wuertte3.400   8/23/2024  EUR   43.000
Leonteq Securities AG/Gu4.000   4/19/2022  EUR   50.270
Vontobel Financial Produ20.000  6/24/2022  EUR   64.600
Leonteq Securities AG/Gu22.130  07/08/2022 CHF   57.600
UBS AG/London           11.000  11/30/2022 CHF   69.500
Leonteq Securities AG/Gu12.000  06/08/2022 CHF   38.310
SG Issuer SA            2.100   5/16/2033  EUR   30.650
Leonteq Securities AG/Gu10.000  07/06/2022 EUR   49.740
Zurcher Kantonalbank Fin6.500   6/14/2022  CHF   70.820
Vontobel Financial Produ16.000  6/24/2022  EUR   69.859
Vontobel Financial Produ12.500  6/24/2022  EUR   70.490
Vontobel Financial Produ15.000  6/24/2022  EUR   68.230
Vontobel Financial Produ13.000  6/24/2022  EUR   73.150
Vontobel Financial Produ11.000  6/24/2022  EUR   74.680
Leonteq Securities AG/Gu9.500   12/07/2022 CHF   74.300
Credit Suisse AG/London 10.250  06/02/2022 USD   61.480
Leonteq Securities AG/Gu8.000   12/07/2022 CHF   75.330
Zurcher Kantonalbank Fin10.000  6/14/2022  CHF   70.960
DZ Bank AG Deutsche Zent16.800  9/23/2022  EUR   50.980
Societe Generale SA     11.180  9/14/2023  USD   72.333
Vontobel Financial Produ4.050   7/15/2022  EUR   28.770
Leonteq Securities AG   15.000  9/13/2022  CHF   66.760
Leonteq Securities AG   10.000  03/10/2023 CHF   69.660
Leonteq Securities AG   13.000  6/21/2022  CHF   51.800
EFG International Financ9.430   7/19/2022  USD   70.690
Leonteq Securities AG/Gu10.000  07/12/2023 CHF   73.520
Vontobel Financial Produ10.500  6/24/2022  EUR   73.290
Leonteq Securities AG/Gu2.600   5/27/2026  EUR   #N/A N/A
Vontobel Financial Produ17.500  6/24/2022  EUR   66.270
Vontobel Financial Produ14.500  6/24/2022  EUR   71.520
Erste Group Bank AG     6.500   6/30/2022  EUR   74.850
Bank Julius Baer & Co Lt12.400  4/26/2022  USD   71.000
Bank Julius Baer & Co Lt11.700  4/26/2022  CHF   31.850
Vontobel Financial Produ15.500  6/24/2022  EUR   49.190
Vontobel Financial Produ9.500   6/24/2022  EUR   53.520
DZ Bank AG Deutsche Zent9.250   6/22/2022  EUR   72.260
Leonteq Securities AG/Gu10.000  10/26/2022 USD   56.710
Vontobel Financial Produ7.000   6/24/2022  EUR   56.880
Vontobel Financial Produ7.500   3/25/2022  EUR   55.250
Landesbank Baden-Wuertte4.700   3/25/2022  EUR   38.940
Bank Julius Baer & Co Lt7.300   2/22/2022  EUR   55.200
DZ Bank AG Deutsche Zent7.600   3/25/2022  EUR   72.970
Zuercher Kantonalbank   8.624   4/25/2022  CHF   0.769
Bank Julius Baer & Co Lt12.850  4/26/2022  USD   72.700
Corner Banca SA         17.200  4/26/2022  CHF   68.540
Landesbank Baden-Wuertte3.300   3/25/2022  EUR   48.060
Finca Uco Cjsc          6.000   2/25/2022  USD   25.651
Raiffeisen Schweiz Genos16.000  9/20/2022  CHF   63.440
Leonteq Securities AG   20.880  9/23/2022  CHF   62.370
Raiffeisen Schweiz Genos16.000  9/20/2022  CHF   75.300
Leonteq Securities AG/Gu22.450  7/29/2022  CHF   57.220
Vontobel Financial Produ12.500  3/25/2022  EUR   71.090
UniCredit Bank AG       5.250   12/01/2023 EUR   38.230
Bank Julius Baer & Co Lt11.800  4/26/2022  EUR   31.900
Bank Julius Baer & Co Lt12.650  4/26/2022  USD   32.050
Vontobel Financial Produ12.500  6/24/2022  EUR   51.080
Vontobel Financial Produ8.500   3/25/2022  EUR   53.060
Vontobel Financial Produ10.500  6/24/2022  EUR   51.980
Vontobel Financial Produ6.500   6/24/2022  EUR   74.870
UBS AG/London           13.500  05/12/2022 USD   44.500
UBS AG/London           13.250  05/12/2022 USD   44.450
Vontobel Financial Produ20.000  3/25/2022  EUR   33.601
Vontobel Financial Produ8.500   6/24/2022  EUR   55.780
Landesbank Baden-Wuertte4.150   6/23/2023  EUR   47.330
Vontobel Financial Produ14.750  6/24/2022  EUR   59.670
DZ Bank AG Deutsche Zent8.250   3/23/2022  EUR   73.590
UBS AG/London           13.500  5/18/2022  CHF   50.000
Vontobel Financial Produ12.000  6/24/2022  EUR   73.172
UBS AG/London           12.000  1/17/2022  CHF   58.850
UBS AG/London           11.750  1/17/2022  CHF   61.800
Vontobel Financial Produ11.750  6/24/2022  EUR   62.854
Bank Vontobel AG        8.005   12/27/2022 CHF   76.100
Bank Vontobel AG        7.000   12/27/2022 CHF   64.580
UBS AG/London           9.250   2/27/2023  CHF   75.650
Credit Suisse AG/London 9.500   10/18/2022 CHF   75.980
Vontobel Financial Produ12.500  3/25/2022  EUR   32.009
UBS AG/London           10.500  4/21/2023  CHF   73.800
EFG International Financ12.750  1/31/2022  USD   53.950
UBS AG/London           7.000   4/21/2023  USD   56.950
Vontobel Financial Produ13.000  6/24/2022  EUR   67.280
Vontobel Financial Produ20.500  3/25/2022  EUR   58.370
DekaBank Deutsche Giroze3.300   04/08/2022 EUR   42.370
Vontobel Financial Produ6.000   6/24/2022  EUR   58.910
Vontobel Financial Produ11.000  6/24/2022  EUR   53.210
Vontobel Financial Produ15.500  6/24/2022  EUR   49.170
Vontobel Financial Produ13.000  6/24/2022  EUR   50.870
Vontobel Financial Produ9.500   3/25/2022  EUR   54.580
Vontobel Financial Produ12.500  3/25/2022  EUR   51.300
Leonteq Securities AG   24.530  4/22/2022  CHF   60.790
Vontobel Financial Produ10.000  3/25/2022  EUR   71.230
Vontobel Financial Produ17.000  3/25/2022  EUR   61.890
Vontobel Financial Produ14.500  6/24/2022  EUR   68.357
Vontobel Financial Produ8.000   6/24/2022  EUR   54.980
Vontobel Financial Produ13.000  6/24/2022  EUR   49.590
Vontobel Financial Produ16.000  6/24/2022  EUR   47.940
Vontobel Financial Produ5.500   6/24/2022  EUR   58.740
Leonteq Securities AG/Gu4.000   03/08/2022 EUR   44.320
DekaBank Deutsche Giroze3.600   2/25/2022  EUR   74.460
Leonteq Securities AG   13.000  05/09/2022 CHF   45.770
Corner Banca SA         14.000  05/09/2022 CHF   46.220
Landesbank Baden-Wuertte4.800   2/25/2022  EUR   39.200
DekaBank Deutsche Giroze3.100   04/08/2022 EUR   72.720
UBS AG/London           11.500  4/21/2022  CHF   75.250
Vontobel Financial Produ8.500   6/24/2022  EUR   74.330
Vontobel Financial Produ13.500  3/25/2022  EUR   66.130
Vontobel Financial Produ17.500  6/24/2022  EUR   62.070
Corner Banca SA         6.800   5/17/2022  CHF   73.560
DekaBank Deutsche Giroze2.400   6/17/2022  EUR   60.640
Raiffeisen Schweiz Genos5.500   5/24/2022  CHF   73.780
DekaBank Deutsche Giroze4.150   07/01/2022 EUR   68.210
Zurcher Kantonalbank Fin8.125   02/11/2022 EUR   56.480
Leonteq Securities AG/Gu9.400   02/04/2022 CHF   63.970
UniCredit Bank AG       5.650   11/06/2023 EUR   69.630
UBS AG/London           13.000  02/07/2022 CHF   59.000
Bayerische Landesbank   3.600   10/28/2022 EUR   68.300
Raiffeisen Schweiz Genos15.000  11/16/2022 CHF   71.000
Zurcher Kantonalbank Fin15.000  8/24/2022  CHF   51.980
Bank Julius Baer & Co Lt8.450   8/19/2022  USD   67.900
Vontobel Financial Produ8.500   9/23/2022  EUR   61.310
Vontobel Financial Produ11.000  9/23/2022  EUR   59.000
Vontobel Financial Produ17.000  9/23/2022  EUR   56.570
Vontobel Financial Produ14.000  9/23/2022  EUR   57.570
Vontobel Financial Produ11.500  6/24/2022  EUR   59.300
Vontobel Financial Produ15.000  6/24/2022  EUR   56.930
Vontobel Financial Produ19.000  6/24/2022  EUR   55.320
Raiffeisen Schweiz Genos14.000  2/20/2023  CHF   75.510
Leonteq Securities AG   11.000  2/23/2023  CHF   64.750
Leonteq Securities AG   15.000  11/23/2022 CHF   67.790
Leonteq Securities AG/Gu20.000  8/23/2022  USD   63.730
Leonteq Securities AG/Gu13.000  8/23/2022  CHF   63.410
UBS AG/London           13.000  2/14/2022  CHF   55.850
DekaBank Deutsche Giroze3.400   02/04/2022 EUR   65.040
Leonteq Securities AG/Gu6.600   01/09/2023 CHF   72.370
Derzhava-Garant OOO     11.500  06/12/2030 RUB   6.060
Landesbank Baden-Wuertte5.300   3/25/2022  EUR   38.280
Zurcher Kantonalbank Fin9.750   02/11/2022 USD   56.910
Bank Vontobel AG        13.000  03/07/2022 CHF   52.640
Landesbank Baden-Wuertte2.650   3/25/2022  EUR   45.110
Bank Vontobel AG        14.001  04/01/2022 CHF   45.070
Bank Julius Baer & Co Lt8.000   10/07/2022 USD   61.900
Bank Julius Baer & Co Lt7.650   01/10/2022 USD   41.350
Leonteq Securities AG/Gu12.000  4/13/2022  USD   46.200
UBS AG/London           14.500  10/17/2022 USD   49.450
Araratbank OJSC         5.500   9/19/2023  USD   25.945
Leonteq Securities AG   7.200   4/25/2022  CHF   72.130
BNP Paribas Issuance BV 5.000   11/05/2024 EUR   29.820
SG Issuer SA            0.850   10/16/2024 EUR   14.660
DekaBank Deutsche Giroze3.250   11/25/2022 EUR   59.870
DekaBank Deutsche Giroze3.700   11/25/2022 EUR   54.390
EFG International Financ13.400  10/31/2022 CHF   66.320
UniCredit Bank AG       4.200   12/06/2022 EUR   71.110
Credit Suisse AG/London 20.000  11/29/2024 USD   14.164
Leonteq Securities AG   7.500   11/08/2022 CHF   59.830
UniCredit Bank AG       3.740   1/13/2025  EUR   74.170
BNP Paribas Issuance BV 7.150   11/07/2024 SEK   67.770
UniCredit Bank AG       3.200   01/02/2023 EUR   70.280
SG Issuer SA            0.350   11/15/2023 EUR   23.540
Leonteq Securities AG/Gu5.600   5/25/2022  CHF   72.010
Bayerische Landesbank   1.350   12/23/2022 EUR   52.590
Bayerische Landesbank   1.550   2/23/2024  EUR   69.260
Araratbank OJSC         5.500   1/29/2024  USD   25.876
Bayerische Landesbank   3.000   2/25/2022  EUR   68.260
Leonteq Securities AG/Gu12.200  02/07/2022 USD   66.730
Leonteq Securities AG   7.200   2/14/2023  CHF   74.120
Zurcher Kantonalbank Fin10.750  1/21/2022  CHF   49.580
Leonteq Securities AG/Gu8.600   01/07/2022 CHF   70.150
Landesbank Baden-Wuertte3.600   6/23/2023  EUR   52.360
DekaBank Deutsche Giroze3.200   11/04/2022 EUR   64.600
Bank Julius Baer & Co Lt13.950  03/01/2022 USD   43.850
Leonteq Securities AG   16.000  5/25/2022  CHF   40.250
Vontobel Financial Produ16.500  9/23/2022  EUR   74.310
Vontobel Financial Produ19.500  9/23/2022  EUR   73.330
Leonteq Securities AG/Gu25.030  2/25/2022  USD   40.220
EFG International Financ12.000  3/29/2023  USD   68.720
Leonteq Securities AG/Gu2.750   9/15/2022  CHF   22.820
Leonteq Securities AG   3.900   9/21/2029  CHF   73.450
Raiffeisen Schweiz Genos3.000   9/21/2029  CHF   69.000
Raiffeisen Schweiz Genos2.700   9/22/2026  CHF   56.610
Leonteq Securities AG   3.900   12/20/2024 CHF   58.240
Raiffeisen Schweiz Genos3.200   12/18/2026 CHF   70.920
Leonteq Securities AG   4.000   12/18/2026 CHF   71.570
Raiffeisen Schweiz Genos10.000  12/31/2024 CHF   69.440
Credit Suisse AG/London 10.500  10/26/2022 CHF   69.890
DekaBank Deutsche Giroze3.400   06/09/2023 EUR   72.920
Credit Suisse AG/London 14.000  11/02/2022 CHF   75.270
Credit Suisse AG/London 12.500  8/22/2022  CHF   71.470
Vontobel Financial Produ7.500   6/24/2022  EUR   55.300
Vontobel Financial Produ15.000  6/24/2022  EUR   48.920
Vontobel Financial Produ10.000  6/24/2022  EUR   52.730
Vontobel Financial Produ12.500  6/24/2022  EUR   50.630
Vontobel Financial Produ17.500  6/24/2022  EUR   47.560
Raiffeisen Schweiz Genos10.500  6/21/2022  CHF   65.430
DZ Bank AG Deutsche Zent6.250   6/20/2022  EUR   #N/A N/A
DZ Bank AG Deutsche Zent8.500   6/20/2022  EUR   #N/A N/A
DZ Bank AG Deutsche Zent6.250   9/19/2022  EUR   #N/A N/A
DZ Bank AG Deutsche Zent9.500   9/19/2022  EUR   #N/A N/A
Leonteq Securities AG   15.000  6/21/2022  CHF   43.650
Corner Banca SA         12.000  6/21/2022  CHF   42.260
Vontobel Financial Produ21.500  6/24/2022  EUR   74.480
Vontobel Financial Produ7.000   6/24/2022  EUR   66.665
Vontobel Financial Produ11.000  6/24/2022  EUR   66.735
Vontobel Financial Produ16.000  6/24/2022  EUR   54.600
Vontobel Financial Produ5.500   6/24/2022  EUR   64.600
Vontobel Financial Produ8.500   6/24/2022  EUR   60.170
Vontobel Financial Produ12.000  6/24/2022  EUR   56.890
Credit Suisse AG/London 9.500   6/21/2022  USD   54.810
DZ Bank AG Deutsche Zent11.250  7/20/2022  EUR   61.840
DZ Bank AG Deutsche Zent14.700  12/23/2022 EUR   67.860
Leonteq Securities AG/Gu22.790  6/22/2022  CHF   56.370
Vontobel Financial Produ19.500  6/24/2022  EUR   45.879
Bank Vontobel AG        14.000  12/19/2022 CHF   45.070
Bank Vontobel AG        13.002  9/19/2022  CHF   ######
Bank Vontobel AG        7.000   9/19/2022  CHF   70.150
UBS AG/London           7.250   1/24/2022  CHF   74.050
UBS AG/London           11.250  1/24/2022  CHF   59.350
Leonteq Securities AG/Gu7.600   1/23/2023  CHF   72.220
Danske Bank A/S         6.860   07/09/2022 SEK   25.880
DekaBank Deutsche Giroze2.000   02/10/2023 EUR   66.990
Leonteq Securities AG   8.600   1/24/2023  CHF   70.180
Leonteq Securities AG/Gu21.350  6/22/2022  CHF   71.830
Zurcher Kantonalbank Fin19.000  6/30/2022  USD   69.790
Zurcher Kantonalbank Fin18.000  6/30/2022  CHF   69.810
Leonteq Securities AG   26.040  9/20/2022  CHF   70.290
Leonteq Securities AG   24.480  9/21/2022  CHF   72.740
Vontobel Financial Produ12.500  9/23/2022  EUR   56.168
DekaBank Deutsche Giroze3.500   2/24/2023  EUR   63.600
Bank Julius Baer & Co Lt8.350   1/30/2023  CHF   65.250
Bank Julius Baer & Co Lt10.300  1/31/2022  USD   62.800
Skandinaviska Enskilda B6.000   1/15/2025  SEK   75.150
Zurcher Kantonalbank Fin4.000   02/11/2022 CHF   52.380
Zurcher Kantonalbank Fin8.500   02/11/2022 USD   55.010
Leonteq Securities AG/Gu3.400   3/20/2024  CHF   46.880
Corner Banca SA         9.000   06/02/2022 CHF   70.770
Societe Generale SA     10.000  12/30/2022 USD   67.100
Vontobel Financial Produ10.000  9/23/2022  EUR   58.270
Vontobel Financial Produ14.000  9/23/2022  EUR   55.920
Vontobel Financial Produ12.500  9/23/2022  EUR   56.480
Vontobel Financial Produ11.500  9/23/2022  EUR   57.500
Vontobel Financial Produ12.000  6/24/2022  EUR   57.450
Vontobel Financial Produ15.000  6/24/2022  EUR   55.120
Vontobel Financial Produ15.000  9/23/2022  EUR   55.110
Vontobel Financial Produ13.500  6/24/2022  EUR   56.220
Vontobel Financial Produ16.500  6/24/2022  EUR   54.130
Vontobel Financial Produ18.000  6/24/2022  EUR   53.250
Vontobel Financial Produ8.500   9/23/2022  EUR   70.277
Leonteq Securities AG/Gu27.290  4/26/2022  CHF   52.450
Vontobel Financial Produ17.250  6/24/2022  EUR   74.605
Leonteq Securities AG/Gu11.000  1/26/2023  USD   66.040
Vontobel Financial Produ10.500  9/23/2022  EUR   60.980
Vontobel Financial Produ5.000   9/23/2022  EUR   68.180
Vontobel Financial Produ12.000  6/24/2022  EUR   59.260
Vontobel Financial Produ7.500   9/23/2022  EUR   63.990
Bank Julius Baer & Co Lt10.000  7/26/2022  USD   68.800
Leonteq Securities AG   12.000  1/26/2023  CHF   64.640
DZ Bank AG Deutsche Zent7.000   6/20/2022  EUR   #N/A N/A
DZ Bank AG Deutsche Zent8.250   9/19/2022  EUR   #N/A N/A
Raiffeisen Schweiz Genos12.500  7/26/2022  CHF   70.450
Raiffeisen Schweiz Genos9.500   1/26/2023  CHF   67.830
Leonteq Securities AG/Gu21.420  7/27/2022  CHF   74.660
Leonteq Securities AG/Gu28.120  08/04/2022 CHF   62.680
Vontobel Financial Produ11.000  6/24/2022  EUR   69.770
Vontobel Financial Produ8.500   6/24/2022  EUR   72.340
Vontobel Financial Produ13.500  6/24/2022  EUR   67.510
Vontobel Financial Produ16.000  6/24/2022  EUR   65.550
Vontobel Financial Produ18.500  6/24/2022  EUR   63.880
BrokerCreditService Stru3.000   2/28/2023  USD   60.000
BrokerCreditService Stru3.500   4/30/2024  USD   54.103
BrokerCreditService Stru2.500   5/17/2023  USD   92.400
Vontobel Financial Produ20.000  6/24/2022  EUR   67.680
DZ Bank AG Deutsche Zent20.700  9/23/2022  EUR   70.870
Leonteq Securities AG/Gu22.160  8/17/2022  CHF   66.690
Leonteq Securities AG/Gu26.200  09/07/2022 CHF   73.960
Vontobel Financial Produ23.500  3/25/2022  EUR   66.520
Vontobel Financial Produ13.500  3/25/2022  EUR   42.240
Vontobel Financial Produ7.500   3/25/2022  EUR   49.270
Vontobel Financial Produ16.000  3/25/2022  EUR   40.630
Vontobel Financial Produ12.000  3/25/2022  EUR   55.150
Vontobel Financial Produ17.500  3/23/2022  EUR   71.570
DZ Bank AG Deutsche Zent16.700  3/25/2022  EUR   47.970
DZ Bank AG Deutsche Zent16.600  3/25/2022  EUR   77.090
Raiffeisen Switzerland B14.000  3/22/2022  CHF   72.400
DZ Bank AG Deutsche Zent14.400  3/25/2022  EUR   50.640
DZ Bank AG Deutsche Zent21.700  3/25/2022  EUR   70.800
DZ Bank AG Deutsche Zent23.500  3/25/2022  EUR   67.680
DZ Bank AG Deutsche Zent21.600  3/25/2022  EUR   70.720
UniCredit Bank AG       8.000   3/25/2022  EUR   55.620
Corner Banca SA         13.000  10/19/2022 CHF   66.890
Leonteq Securities AG/Gu10.000  7/19/2022  CHF   35.710
Vontobel Financial Produ13.500  9/23/2022  EUR   60.860
Vontobel Financial Produ11.500  6/24/2022  EUR   61.600
DZ Bank AG Deutsche Zent12.500  8/24/2022  EUR   64.850
Leonteq Securities AG/Gu10.600  7/19/2022  USD   56.840
Leonteq Securities AG/Gu13.000  7/19/2022  USD   57.820
Vontobel Financial Produ10.500  9/23/2022  EUR   46.248
Zurcher Kantonalbank Fin16.000  7/28/2022  CHF   64.260
EFG International Financ11.000  1/23/2023  CHF   76.020
Bank Vontobel AG        16.500  01/03/2023 EUR   65.770
Bank Vontobel AG        8.000   7/18/2022  CHF   59.100
Vontobel Financial Produ6.000   6/24/2022  EUR   68.150
Vontobel Financial Produ13.950  05/05/2022 CHF   73.216
Zurcher Kantonalbank Fin6.750   7/27/2022  USD   70.020
Zurcher Kantonalbank Fin17.000  7/27/2022  CHF   76.890
Leonteq Securities AG   13.200  10/19/2022 CHF   56.660
DZ Bank AG Deutsche Zent18.300  6/24/2022  EUR   63.350
DZ Bank AG Deutsche Zent22.400  6/24/2022  EUR   72.150
Leonteq Securities AG   10.000  1/19/2023  CHF   75.830
Leonteq Securities AG/Gu10.000  1/19/2023  USD   43.780
Vontobel Financial Produ10.000  9/23/2022  EUR   63.110
Vontobel Financial Produ7.000   9/23/2022  EUR   66.530
Vontobel Financial Produ16.500  9/23/2022  EUR   58.920
Vontobel Financial Produ15.500  6/24/2022  EUR   58.560
Leonteq Securities AG/Gu14.200  10/19/2022 USD   56.740
DekaBank Deutsche Giroze4.000   8/18/2022  EUR   52.790
DZ Bank AG Deutsche Zent10.750  8/24/2022  EUR   51.150
UBS AG/London           19.750  4/21/2022  USD   42.050
UBS AG/London           9.250   10/21/2022 CHF   56.650
DeltaCredit Bank JSC    1.000   10/20/2025 RUB   72.060
Bayerische Landesbank   2.500   7/22/2022  EUR   59.090
UBS AG/London           6.750   5/16/2022  CHF   69.500
Raiffeisen Schweiz Genos5.000   9/13/2022  CHF   68.740
Landesbank Baden-Wuertte2.100   10/27/2023 EUR   74.810
Zurcher Kantonalbank Fin6.300   12/16/2022 CHF   52.300
Bayerische Landesbank   1.450   1/26/2024  EUR   55.230
Landesbank Baden-Wuertte3.500   2/24/2023  EUR   72.940
EFG International Financ9.400   12/12/2022 CHF   67.400
Leonteq Securities AG   8.000   12/13/2022 CHF   53.840
UniCredit Bank AG       6.600   9/13/2023  EUR   69.450
Zurcher Kantonalbank Fin6.000   1/28/2022  CHF   68.230
UBS AG/London           8.000   1/24/2022  CHF   61.900
Vontobel Financial Produ9.200   1/24/2022  EUR   52.110
Bayerische Landesbank   3.500   1/26/2024  EUR   65.010
DekaBank Deutsche Giroze2.800   1/13/2023  EUR   67.210
DekaBank Deutsche Giroze4.000   1/14/2022  EUR   53.900
EFG International Financ9.800   12/27/2022 CHF   72.700
EFG International Financ7.800   1/17/2022  CHF   67.280
Vontobel Financial Produ9.100   2/21/2022  EUR   61.392
UBS AG/London           8.000   1/17/2022  CHF   75.050
UBS AG/London           13.500  1/17/2022  CHF   63.450
Leonteq Securities AG/Gu7.750   1/17/2022  CHF   67.320
Bayerische Landesbank   2.650   2/25/2022  EUR   72.930
BNP Paribas Emissions- u5.000   3/24/2022  EUR   67.060
BNP Paribas Emissions- u6.000   3/24/2022  EUR   62.790
BNP Paribas Emissions- u10.000  3/24/2022  EUR   2.220
BNP Paribas Emissions- u5.000   3/24/2022  EUR   31.800
BNP Paribas Emissions- u7.000   3/24/2022  EUR   52.600
WEB Windenergie AG      5.250   04/08/2023 EUR   0.010
Leonteq Securities AG/Gu10.000  6/22/2022  CHF   76.160
Leonteq Securities AG/Gu18.000  3/22/2022  USD   50.650
Landesbank Baden-Wuertte7.250   11/25/2022 EUR   57.170
Vontobel Financial Produ11.500  3/25/2022  EUR   74.655
Vontobel Financial Produ11.500  3/25/2022  EUR   44.230
Vontobel Financial Produ12.500  3/25/2022  EUR   73.750
Vontobel Financial Produ22.000  3/25/2022  EUR   71.880
EFG International Financ7.000   3/23/2023  USD   29.620
DZ Bank AG Deutsche Zent15.800  9/23/2022  EUR   74.820
Leonteq Securities AG   14.000  2/13/2023  CHF   75.860
Leonteq Securities AG/Gu26.150  8/16/2022  CHF   61.860
Zurcher Kantonalbank Fin26.000  09/09/2022 USD   68.250
Bank Julius Baer & Co Lt7.600   09/02/2022 USD   60.850
Zurcher Kantonalbank Fin27.000  9/13/2022  USD   62.730
Vontobel Financial Produ17.000  9/23/2022  EUR   58.110
Vontobel Financial Produ19.000  6/24/2022  EUR   57.020
Vontobel Financial Produ10.500  6/24/2022  EUR   61.060
Vontobel Financial Produ8.500   6/24/2022  EUR   62.500
Vontobel Financial Produ10.500  9/23/2022  EUR   60.630
UBS AG/London           13.000  10/06/2022 CHF   72.900
UBS AG/London           9.750   04/06/2023 USD   65.800
Credit Suisse AG/London 10.000  08/03/2022 EUR   71.340
Bank Vontobel AG        10.000  1/23/2023  CHF   75.200
Zurcher Kantonalbank Fin24.750  09/09/2022 CHF   68.080
Zurcher Kantonalbank Fin19.000  9/13/2022  USD   63.340
Vontobel Financial Produ7.500   9/23/2022  EUR   62.860
Zurcher Kantonalbank Fin20.500  9/13/2022  CHF   66.480
Vontobel Financial Produ14.000  9/23/2022  EUR   66.665
Leonteq Securities AG/Gu24.440  09/02/2022 CHF   70.400
Leonteq Securities AG   23.200  09/07/2022 CHF   68.080
Leonteq Securities AG/Gu11.000  09/07/2022 CHF   54.010
BNP Paribas Issuance BV 6.240   3/28/2022  JPY   58.980
Leonteq Securities AG/Gu20.000  09/07/2022 USD   62.560
BrokerCreditService Stru8.000   1/30/2024  USD   52.000
Credit Suisse AG/London 4.600   11/09/2022 USD   9.840
Leonteq Securities AG   11.200  02/06/2023 CHF   64.470
Vontobel Financial Produ21.000  6/24/2022  EUR   73.340
Vontobel Financial Produ12.000  6/24/2022  EUR   64.650
Bank Vontobel AG        10.000  02/06/2023 CHF   61.790
Bank Vontobel AG        12.000  02/06/2023 EUR   63.080
Bayerische Landesbank   3.700   7/15/2022  EUR   70.670
UniCredit Bank AG       5.550   7/19/2022  EUR   63.760
Leonteq Securities AG   17.100  12/06/2022 CHF   75.070
Bank Vontobel AG        11.500  06/05/2023 CHF   75.900
Landesbank Baden-Wuertte3.300   5/27/2022  EUR   49.200
Landesbank Baden-Wuertte4.000   5/27/2022  EUR   40.460
Vontobel Financial Produ13.500  6/24/2022  EUR   73.090
Vontobel Financial Produ17.500  6/24/2022  EUR   73.910
Vontobel Financial Produ19.500  6/24/2022  EUR   72.490
Leonteq Securities AG   23.400  9/28/2022  CHF   65.700
Landesbank Baden-Wuertte4.550   5/27/2022  EUR   46.420
Raiffeisen Schweiz Genos12.000  01/04/2023 CHF   74.990
Raiffeisen Schweiz Genos11.500  9/27/2022  CHF   62.850
DZ Bank AG Deutsche Zent22.900  9/23/2022  EUR   62.880
Landesbank Baden-Wuertte6.400   5/27/2022  EUR   44.100
Landesbank Baden-Wuertte8.500   5/27/2022  EUR   42.260
Vontobel Financial Produ8.500   5/25/2022  USD   73.170
Landesbank Baden-Wuertte6.200   3/24/2023  EUR   55.900
Zurcher Kantonalbank Fin18.000  9/13/2022  CHF   63.290
Zurcher Kantonalbank Fin26.000  9/13/2022  CHF   62.510
Vontobel Financial Produ14.000  9/23/2022  EUR   59.320
Vontobel Financial Produ6.000   9/23/2022  EUR   64.200
DZ Bank AG Deutsche Zent18.000  6/24/2022  EUR   72.270
Vontobel Financial Produ14.500  6/24/2022  EUR   58.640
UBS AG/London           12.000  02/06/2023 USD   69.200
UBS AG/London           10.250  02/06/2023 CHF   73.800
Vontobel Financial Produ18.250  9/23/2022  EUR   65.163
EFG International Financ21.000  09/02/2022 USD   68.560
Credit Suisse AG/London 18.000  12/05/2023 USD   9.750
DZ Bank AG Deutsche Zent22.900  3/25/2022  EUR   69.160
Credit Suisse AG/London 8.000   10/28/2022 CHF   73.200
Credit Suisse AG/London 12.500  7/29/2022  USD   41.700
UBS AG/London           13.000  04/06/2023 USD   73.550
Zurcher Kantonalbank Fin12.000  10/26/2022 USD   76.220
Credit Suisse AG/London 9.500   08/03/2022 CHF   77.590
Zurcher Kantonalbank Fin14.500  10/24/2022 USD   55.330
Leonteq Securities AG/Gu9.000   03/07/2023 USD   71.990
Leonteq Securities AG/Gu12.000  9/27/2022  CHF   71.110
Leonteq Securities AG/Gu12.000  12/28/2022 USD   65.700
Bank Julius Baer & Co Lt16.000  9/23/2022  CHF   68.700
Citigroup Global Markets8.200   3/21/2024  SEK   60.110
Bank Julius Baer & Co Lt9.600   08/12/2022 USD   75.350
Landesbank Baden-Wuertte3.100   2/25/2022  EUR   57.060
Raiffeisen Schweiz Genos18.000  10/04/2022 CHF   67.040
EFG International Financ14.000  11/21/2022 CHF   51.370
Raiffeisen Schweiz Genos11.000  12/27/2022 CHF   74.520
Leonteq Securities AG   22.440  10/11/2022 CHF   71.530
Landesbank Baden-Wuertte4.350   6/24/2022  EUR   74.740
DZ Bank AG Deutsche Zent20.000  6/24/2022  EUR   72.760
Landesbank Baden-Wuertte3.300   5/27/2022  EUR   67.050
Landesbank Baden-Wuertte6.700   5/27/2022  EUR   58.100
DZ Bank AG Deutsche Zent12.750  10/26/2022 EUR   63.490
Raiffeisen Schweiz Genos15.000  9/27/2022  CHF   68.480
Raiffeisen Schweiz Genos18.500  9/27/2022  USD   68.310
Leonteq Securities AG   24.000  9/28/2022  CHF   66.050
Leonteq Securities AG/Gu19.330  10/04/2022 CHF   67.540
Leonteq Securities AG/Gu19.430  10/04/2022 CHF   68.190
Leonteq Securities AG   10.000  01/04/2023 CHF   73.220
Credit Suisse AG/London 25.000  10/20/2026 USD   9.456
Leonteq Securities AG/Gu22.800  10/05/2022 CHF   70.940
DZ Bank AG Deutsche Zent9.600   12/23/2022 EUR   70.830
Leonteq Securities AG/Gu6.200   5/20/2022  EUR   68.400
Landesbank Baden-Wuertte3.650   3/24/2023  EUR   58.540
Bank Vontobel AG        10.000  5/16/2022  CHF   53.130
Bank Julius Baer & Co Lt13.500  9/14/2022  CHF   69.350
Landesbank Baden-Wuertte2.350   9/23/2022  EUR   43.330
Landesbank Baden-Wuertte4.400   9/23/2022  EUR   38.330
Dr Wiesent Sozial gGmbH 7.000              EUR   0.010
Lehman Brothers Treasury2.250   05/12/2009 USD   0.100
Lehman Brothers Treasury4.000   5/30/2010  USD   0.100
Lehman Brothers Treasury2.480   05/12/2009 USD   0.100
Getin Noble Bank SA     5.250   8/31/2023  PLN   67.875
Lehman Brothers Treasury4.100   06/10/2014 SGD   0.100
Lehman Brothers Treasury4.000   10/12/2010 USD   0.100
Lehman Brothers Treasury3.400   9/21/2009  HKD   0.100
Lehman Brothers Treasury1.500   10/12/2010 EUR   0.100
Lehman Brothers Treasury9.000   3/17/2009  GBP   0.100
Lehman Brothers Treasury7.250   10/06/2008 EUR   0.100
Lehman Brothers Treasury8.000   5/22/2009  USD   0.100
Lehman Brothers Treasury3.860   9/21/2011  SGD   0.100
Lehman Brothers Treasury7.375   9/20/2008  EUR   0.100
Lehman Brothers Treasury7.500   10/24/2008 USD   0.100
Lehman Brothers Treasury5.100   05/08/2017 HKD   0.100
Lehman Brothers Treasury0.800   12/30/2016 EUR   0.100
Lehman Brothers Treasury6.000   08/07/2013 EUR   0.100
Lehman Brothers Treasury13.432  01/08/2009 ILS   0.100
Lehman Brothers Treasury7.250   07/08/2014 EUR   0.100
Credit Agricole Corporat11.190  03/12/2027 TRY   59.157
Lehman Brothers Treasury13.500  06/02/2009 USD   0.100
Lehman Brothers Treasury5.000   11/22/2012 EUR   0.100
Lehman Brothers Treasury5.550   03/12/2015 EUR   0.100
Lehman Brothers Treasury16.000  11/09/2008 USD   0.100
Lehman Brothers Treasury15.000  06/04/2009 CHF   0.100
Lehman Brothers Treasury9.000   05/06/2011 CHF   0.100
Lehman Brothers Treasury1.000   05/09/2012 EUR   0.100
Lehman Brothers Treasury5.500   4/23/2014  EUR   0.100
Lehman Brothers Treasury12.000  07/04/2011 EUR   0.100
Lehman Brothers Treasury2.500   8/15/2012  CHF   0.100
Lehman Brothers Treasury0.500   06/02/2020 EUR   0.100
Lehman Brothers Treasury11.000  07/04/2011 USD   0.100
Lehman Brothers Treasury0.500   07/02/2020 EUR   0.100
Lehman Brothers Treasury5.500   07/08/2013 EUR   0.100
Lehman Brothers Treasury10.000  6/17/2009  USD   0.100
Rio Forte Investments SA4.750   11/10/2015 EUR   4.743
Lehman Brothers Treasury11.000  07/04/2011 CHF   0.100
Lehman Brothers Treasury14.900  11/16/2010 EUR   0.100
Irish Bank Resolution Co6.750   11/30/2013 BGN   33.250
Lehman Brothers Treasury8.800   12/27/2009 EUR   0.100
Lehman Brothers Treasury11.000  12/20/2017 AUD   0.100
Lehman Brothers Treasury4.000   01/04/2011 USD   0.100
Lehman Brothers Treasury0.500   12/20/2017 AUD   0.100
Lehman Brothers Treasury4.800   11/16/2012 HKD   0.100
Lehman Brothers Treasury4.600   10/11/2017 ILS   0.100
Agrokor dd              9.125   02/01/2020 EUR   15.000
Lehman Brothers Treasury0.500   12/20/2017 USD   0.100
Lehman Brothers Treasury5.375   02/04/2014 USD   0.100
Lehman Brothers Treasury6.300   12/21/2018 USD   0.100
Lehman Brothers Treasury0.500   12/20/2017 AUD   0.100
Lehman Brothers Treasury0.500   12/20/2017 USD   0.100
Lehman Brothers Treasury0.500   12/20/2017 USD   0.100
Lehman Brothers Treasury0.500   12/20/2017 USD   0.100
Lehman Brothers Treasury4.000   11/24/2016 EUR   0.100
Otkritie Holding JSC    10.000  4/20/2028  RUB   2.320
KPNQwest NV             7.125   06/01/2009 EUR   0.453
Lehman Brothers Treasury6.700   4/21/2011  USD   0.100
Lehman Brothers Treasury4.820   12/18/2036 EUR   0.100
Lehman Brothers Treasury5.250   04/01/2023 EUR   0.100
Credit Agricole Corporat10.500  2/16/2027  TRY   56.379
KPNQwest NV             7.125   06/01/2009 EUR   0.453
Lehman Brothers Treasury6.000   3/18/2015  USD   0.100
Lehman Brothers Treasury13.000  2/16/2009  CHF   0.100
Lehman Brothers Treasury7.000   2/15/2010  CHF   0.100
Lehman Brothers Treasury10.000  2/16/2009  CHF   0.100
Lehman Brothers Treasury11.000  2/16/2009  CHF   0.100
Lehman Brothers Treasury1.000   2/26/2010  USD   0.100
Lehman Brothers Treasury2.300   06/06/2013 USD   0.100
Lehman Brothers Treasury7.500   5/30/2010  AUD   0.100
Lehman Brothers Treasury1.460   2/19/2012  JPY   0.100
Lehman Brothers Treasury4.300   06/04/2012 USD   0.100
Lehman Brothers Treasury4.000   06/05/2011 USD   0.100
Lehman Brothers Treasury6.250   09/05/2011 EUR   0.100
Lehman Brothers Treasury16.800  8/21/2009  USD   0.100
Lehman Brothers Treasury14.100  11/12/2008 USD   0.100
Lehman Brothers Treasury3.100   06/04/2010 USD   0.100
Lehman Brothers Treasury0.500   08/01/2020 EUR   0.100
Lehman Brothers Treasury16.200  5/14/2009  USD   0.100
Lehman Brothers Treasury7.000   4/24/2009  USD   0.100
Lehman Brothers Treasury16.000  10/28/2008 USD   0.100
Bibby Offshore Services 7.500   6/15/2021  GBP   11.625
Lehman Brothers Treasury6.450   2/20/2010  AUD   0.100
Lehman Brothers Treasury10.000  10/23/2008 USD   0.100
Lehman Brothers Treasury17.000  06/02/2009 USD   0.100
Lehman Brothers Treasury7.600   03/04/2010 NZD   0.100
Lehman Brothers Treasury8.000   5/22/2009  USD   0.100
Lehman Brothers Treasury10.000  5/22/2009  USD   0.100
Lehman Brothers Treasury4.600   08/01/2013 EUR   0.100
Lehman Brothers Treasury12.400  06/12/2009 USD   0.100
Lehman Brothers Treasury3.000   06/03/2010 EUR   0.100
Lehman Brothers Treasury2.000   6/28/2011  EUR   0.100
Lehman Brothers Treasury23.300  9/16/2008  USD   0.100
Lehman Brothers Treasury7.600   5/21/2013  USD   0.100
Lehman Brothers Treasury6.600   5/23/2012  AUD   0.100
Lehman Brothers Treasury3.450   5/23/2013  USD   0.100
BNP Paribas SA          1.000   1/23/2040  MXN   24.144
PSN Pm OOO              9.500   09/10/2026 RUB   21.625
Lehman Brothers Treasury6.000   9/20/2011  EUR   0.100
Lehman Brothers Treasury11.000  12/20/2017 AUD   0.100
Lehman Brothers Treasury0.500   12/20/2017 AUD   0.100
Lehman Brothers Treasury0.500   12/20/2017 AUD   0.100
Lehman Brothers Treasury8.000   12/31/2010 USD   0.100
Lehman Brothers Treasury16.000  10/08/2008 CHF   0.100
Polski Bank Spoldzielczy3.780   9/14/2027  PLN   69.800
Lehman Brothers Treasury9.300   12/21/2010 EUR   0.100
Lehman Brothers Treasury0.500   12/20/2017 AUD   0.100
Lehman Brothers Treasury3.000   8/13/2011  EUR   0.100
Lehman Brothers Treasury2.500   8/23/2012  GBP   0.100
Lehman Brothers Treasury13.000  7/25/2012  EUR   0.100
Lehman Brothers Treasury8.000   3/19/2012  USD   0.100
Lehman Brothers Treasury6.000   03/04/2015 USD   0.100
Lehman Brothers Treasury3.500   6/20/2011  EUR   0.100
Lehman Brothers Treasury7.500   2/14/2010  AUD   0.100
Lehman Brothers Treasury7.600   1/31/2013  AUD   0.100
Lehman Brothers Treasury5.500   6/22/2010  USD   0.100
Lehman Brothers Treasury10.000  10/22/2008 USD   0.100
Lehman Brothers Treasury4.000   03/10/2011 EUR   0.100
SG Issuer SA            3.300   9/26/2034  ZAR   52.560
Lehman Brothers Treasury8.000   3/21/2018  USD   0.100
Lehman Brothers Treasury11.750  03/01/2010 EUR   0.100
SG Issuer SA            2.700   11/28/2034 ZAR   47.762
Rosbank PJSC            0.020   4/30/2024  RUB   65.000
Lehman Brothers Treasury5.200   11/09/2011 EUR   0.100
Rosbank PJSC            0.010   4/30/2024  RUB   65.000
Lehman Brothers Treasury18.250  10/02/2008 USD   0.100
Rosbank PJSC            0.040   4/30/2024  RUB   65.000
Getin Noble Bank SA     6.700   11/09/2023 PLN   66.875
Lehman Brothers Treasury3.500   12/20/2027 USD   0.100
Lehman Brothers Treasury8.000   10/23/2008 USD   0.100
Lehman Brothers Treasury7.000   10/22/2010 EUR   0.100
ECM Real Estate Investme5.000   10/09/2011 EUR   15.375
Lehman Brothers Treasury7.150   3/21/2013  USD   0.100
Lehman Brothers Treasury13.150  10/30/2008 USD   0.100
Lehman Brothers Treasury7.750   01/03/2012 AUD   0.100
Lehman Brothers Treasury16.000  12/26/2008 USD   0.100
Lehman Brothers Treasury11.250  12/31/2008 USD   0.100
Lehman Brothers Treasury4.680   12/12/2045 EUR   0.100
Lehman Brothers Treasury3.000   09/12/2036 JPY   0.100
Lehman Brothers Treasury13.000  12/14/2012 USD   0.100
Tonon Luxembourg SA     9.250   1/24/2020  USD   0.500
Getin Noble Bank SA     7.640   12/21/2023 PLN   66.875
BRAbank ASA/NO          7.780              NOK   53.008
Region of Stavropol Russ6.200   12/14/2027 RUB   65.720
Deutsche Bank AG/London 2.000   10/25/2023 TRY   58.227
Lehman Brothers Treasury2.400   6/20/2011  JPY   0.100
Lehman Brothers Treasury1.600   6/21/2010  JPY   0.100
Getin Noble Bank SA     4.250   8/30/2024  PLN   61.875
Lehman Brothers Treasury2.000   10/28/2010 EUR   0.100
Lehman Brothers Treasury4.500   03/06/2013 CHF   0.100
Lehman Brothers Treasury3.850   4/24/2009  USD   0.100
Lehman Brothers Treasury4.000   4/24/2009  USD   0.100
Lehman Brothers Treasury9.000   6/13/2009  USD   0.100
Lehman Brothers Treasury6.650   8/24/2011  AUD   0.100
LBI ehf                 6.100   8/25/2011  USD   10.625
Lehman Brothers Treasury0.250   7/21/2014  EUR   0.100
Lehman Brothers Treasury7.750   1/30/2009  EUR   0.100
Lehman Brothers Treasury5.750   6/15/2009  CHF   0.100
Lehman Brothers Treasury10.000  3/27/2009  USD   0.100
Lehman Brothers Treasury5.000   10/24/2008 CHF   0.100
Lehman Brothers Treasury4.000   4/13/2011  CHF   0.100
Lehman Brothers Treasury7.000   4/14/2009  EUR   0.100
Promsvyazbank PJSC      2.500   9/29/2029  RUB   62.660
Credit Agricole Corporat15.000  7/14/2026  TRY   72.817
Lehman Brothers Treasury2.500   12/15/2011 GBP   0.100
Bank2 ASA               5.690              NOK   58.821
Lehman Brothers Treasury5.500   6/15/2009  CHF   0.100
Heta Asset Resolution AG4.350   12/31/2023 EUR   1.132
Lehman Brothers Treasury8.000   08/03/2009 USD   0.100
AKB Peresvet ZAO        13.250  4/25/2018  RUB   13.000
Lehman Brothers Treasury1.500   10/25/2011 EUR   0.100
Lehman Brothers Treasury11.000  6/29/2009  EUR   0.100
Lehman Brothers Treasury6.000   10/24/2008 EUR   0.100
Lehman Brothers Treasury8.280   3/26/2009  USD   0.100
Lehman Brothers Treasury6.850   12/22/2008 EUR   0.100
Lehman Brothers Treasury7.600   3/26/2009  EUR   0.100
Lehman Brothers Treasury7.550   12/29/2008 USD   0.100
Lehman Brothers Treasury7.000   11/28/2008 CHF   0.100
Lehman Brothers Treasury10.500  08/09/2010 EUR   0.100
Astana Finance BV       9.000   11/16/2011 USD   15.250
HSBC Bank PLC           10.300  12/10/2024 TRY   65.860
Lehman Brothers Treasury4.200   12/03/2008 HKD   0.100
Lehman Brothers Treasury6.000   5/23/2018  CZK   0.100
Bulgaria Steel Finance B12.000  05/04/2013 EUR   0.216
Lehman Brothers Treasury4.000   5/17/2010  USD   0.100
Lehman Brothers Treasury3.500   10/24/2011 USD   0.100
Lehman Brothers Treasury13.500  11/28/2008 USD   0.100
Lehman Brothers Treasury1.680   03/05/2015 EUR   0.100
Lehman Brothers Treasury3.500   10/31/2011 USD   0.100
Lehman Brothers Treasury6.750   04/05/2012 EUR   0.100
Lehman Brothers Treasury0.250   10/19/2012 CHF   0.100
Lehman Brothers Treasury15.000  3/30/2011  EUR   0.100
Heta Asset Resolution AG0.212   12/31/2023 EUR   1.132
Lehman Brothers Treasury1.750   02/07/2010 EUR   0.100
Lehman Brothers Treasury6.000   2/14/2012  EUR   0.100
Lehman Brothers Treasury7.000   2/15/2012  EUR   0.100
Lehman Brothers Treasury4.690   2/19/2017  EUR   0.100
Getin Noble Bank SA     5.310   04/04/2024 PLN   58.765
Lehman Brothers Treasury5.000   05/02/2022 EUR   0.100
Lehman Brothers Treasury5.000   4/24/2017  EUR   0.100
Lehman Brothers Treasury3.350   10/13/2016 EUR   0.100
Credit Agricole Corporat11.340  02/12/2026 TRY   63.304
Lehman Brothers Treasury6.600   2/22/2012  EUR   0.100
Lehman Brothers Treasury14.900  9/15/2008  EUR   0.100
Otkritie Holding JSC    0.010   10/03/2036 RUB   0.010
Lehman Brothers Treasury5.200   3/19/2018  EUR   0.100
Nordic Corporate Bank AS6.020              NOK   73.502
Lehman Brothers Treasury11.000  12/19/2011 USD   0.100
Lehman Brothers Treasury7.320   7/31/2013  GBP   0.100
Lehman Brothers Treasury8.000   4/20/2009  EUR   0.100
Credit Agricole Corporat10.800  3/24/2026  TRY   60.721
Lehman Brothers Treasury0.214   11/02/2035 EUR   0.100
Lehman Brothers Treasury4.250   3/13/2021  EUR   0.100
Lehman Brothers Treasury0.500   2/16/2009  EUR   0.100
Credit Agricole Corporat11.640  3/24/2027  TRY   61.047
Lehman Brothers Treasury4.150   8/25/2020  EUR   0.100
Lehman Brothers Treasury6.000   12/06/2016 USD   0.100
Kreditanstalt fuer Wiede0.250   10/06/2036 CAD   51.316
Credit Agricole Corporat12.000  11/17/2025 TRY   65.221
Lehman Brothers Treasury3.000   08/08/2017 EUR   0.100
Lehman Brothers Treasury5.250   11/21/2009 USD   0.100
AKB Peresvet ZAO        0.510   6/23/2021  RUB   30.100
Lehman Brothers Treasury6.000   3/17/2011  EUR   0.100
LBI ehf                 2.250   2/14/2011  CHF   10.625
Teksid Aluminum Luxembou12.375  7/15/2011  EUR   0.122
Lehman Brothers Treasury6.000   6/21/2011  EUR   0.100
Sberbank CIB JSC        0.010   01/04/2030 RUB   50.171
Lehman Brothers Treasury7.060   12/29/2008 EUR   0.100
Cerruti Finance SA      6.500   7/26/2004  EUR   2.058
Heta Asset Resolution AG4.875   12/31/2023 EUR   1.132
Lehman Brothers Treasury3.600   3/19/2018  JPY   0.100
Espirito Santo Financial0.328   10/27/2024 EUR   0.297
WPE International Cooper10.375  9/30/2020  USD   5.000
Barclays Bank PLC       10.200  2/14/2025  TRY   62.542
Norske Skogindustrier AS2.000   12/30/2115 EUR   0.113
Lehman Brothers Treasury9.250   6/20/2012  USD   0.100
BRAbank ASA             7.210              NOK   73.921
IT Holding Finance SA   9.875   11/15/2012 EUR   0.015
Northland Resources AB  15.000  7/15/2019  USD   2.621
Lehman Brothers Treasury3.820   10/20/2009 USD   0.100
Lehman Brothers Treasury7.500   7/31/2013  GBP   0.100
EDOB Abwicklungs AG     7.500   04/01/2012 EUR   2.790
Lehman Brothers Treasury0.750   3/29/2012  EUR   0.100
SFO Akkord Finans       10.000  02/12/2024 RUB   66.830
Lehman Brothers Treasury3.025   1/31/2015  EUR   0.100
Espirito Santo Financial5.625   7/28/2017  EUR   0.528
Lehman Brothers Treasury4.050   9/16/2008  EUR   0.100
Kuntarahoitus Oyj       0.250   6/28/2040  CAD   40.308
Lehman Brothers Treasury4.500   12/30/2010 USD   0.100
City of Novosibirsk Russ7.300   10/08/2026 RUB   99.800
Credit Agricole Corporat15.700  10/07/2026 TRY   73.748
Getin Noble Bank SA     5.930   4/28/2023  PLN   70.875
Getin Noble Bank SA     7.840   5/31/2023  PLN   69.872
Lehman Brothers Treasury6.000   7/28/2010  EUR   0.100
Lehman Brothers Treasury6.000   7/28/2010  EUR   0.100
Lehman Brothers Treasury7.000   07/11/2010 EUR   0.100
Lehman Brothers Treasury3.630   03/02/2012 EUR   0.100
Mriya Agro Holding PLC  10.950  3/30/2016  USD   4.667
Lehman Brothers Treasury3.000   9/13/2010  JPY   0.100
Heta Asset Resolution AG5.270   12/31/2023 EUR   1.127
Ukraine Government Bond 6.000   9/19/2029  UAH   62.034
Ukraine Government Bond 6.000   8/28/2030  UAH   59.587
Ukraine Government Bond 9.000   7/17/2030  UAH   74.457
Ukraine Government Bond 6.000   9/18/2030  UAH   59.445
Lehman Brothers Treasury7.750   2/21/2016  EUR   0.100
Lehman Brothers Treasury7.625   7/22/2011  HKD   0.100
Getin Noble Bank SA     6.840   6/28/2024  PLN   64.875
Aralco Finance SA       10.125  05/07/2020 USD   0.934
International Bank of Az8.250   10/09/2024 USD   60.375
Lehman Brothers Treasury10.000  06/11/2038 JPY   0.100
Getin Noble Bank SA     7.340   5/31/2024  PLN   73.875
Lehman Brothers Treasury8.000   12/27/2032 JPY   0.100
RGS Nedvizhimost OOO    12.000  10/18/2017 RUB   0.335
Lehman Brothers Treasury2.370   7/15/2013  USD   0.100
Lehman Brothers Treasury2.300   6/27/2013  USD   0.100
Ukraine Government Bond 6.000   1/27/2027  UAH   71.190
Ukraine Government Bond 6.000   9/13/2028  UAH   65.075
Ukraine Government Bond 6.000   5/16/2029  UAH   63.027
Rio Forte Investments SA4.000   7/22/2014  EUR   4.411
KPNQwest NV             8.875   02/01/2008 EUR   0.453
Ukraine Government Bond 6.000   12/23/2026 UAH   71.626
Lehman Brothers Treasury8.050   12/20/2010 HKD   0.100
Ukraine Government Bond 8.520   11/10/2033 UAH   67.535
Ukraine Government Bond 9.150   05/10/2031 UAH   73.991
Ukraine Government Bond 8.630   05/10/2033 UAH   68.711
Ukraine Government Bond 8.420   05/10/2034 UAH   66.443
Ukraine Government Bond 8.880   05/10/2032 UAH   71.268
Ukraine Government Bond 8.750   11/10/2032 UAH   69.950
Ukraine Government Bond 8.310   11/10/2034 UAH   65.304
Lehman Brothers Treasury5.120   4/30/2027  EUR   0.100
Heta Asset Resolution AG5.030   12/31/2023 EUR   1.132
Credit Suisse AG/London 0.500   01/08/2026 BRL   63.798
Lehman Brothers Treasury4.870   10/08/2013 USD   0.100
Lehman Brothers Treasury2.000   6/21/2011  EUR   0.100
Lehman Brothers Treasury12.000  7/13/2037  JPY   0.100
Lehman Brothers Treasury1.950   11/04/2013 EUR   0.100
Heta Asset Resolution AG5.920   12/31/2023 EUR   1.132
Barclays Bank PLC       0.500   10/01/2031 TRY   11.852
SAir Group              2.750   7/30/2004  CHF   12.625
Lehman Brothers Treasury1.500   02/08/2012 CHF   0.100
Nota-Bank OJSC          13.500  04/01/2016 RUB   31.500
Lehman Brothers Treasury4.100   8/23/2010  USD   0.100
Ukraine Government Bond 6.000   03/12/2031 UAH   58.324
Ukraine Government Bond 6.000   09/10/2031 UAH   57.236
Ukraine Government Bond 6.000   10/15/2031 UAH   57.037
Ukraine Government Bond 6.000   10/11/2028 UAH   64.830
Ukraine Government Bond 6.000   11/22/2028 UAH   64.477
Ukraine Government Bond 6.000   06/12/2030 UAH   60.128
Ukraine Government Bond 6.000   12/11/2030 UAH   58.918
Ukraine Government Bond 6.000   4/23/2031  UAH   58.069
Ukraine Government Bond 8.750   2/16/2033  UAH   70.435
Ukraine Government Bond 6.000   11/28/2029 UAH   61.521
Ukraine Government Bond 6.000   06/04/2031 UAH   57.830
Ukraine Government Bond 5.000   2/20/2032  UAH   51.043
Ukraine Government Bond 8.750   4/20/2033  UAH   69.430
Credit Agricole Corporat10.320  7/22/2026  TRY   58.091
Credit Agricole Corporat11.190  1/15/2026  TRY   62.506
Credit Agricole Corporat10.800  3/24/2026  TRY   57.524
Lehman Brothers Treasury4.500   08/02/2009 USD   0.100
Petromena ASA           9.750   5/24/2016  NOK   0.607
Sidetur Finance BV      10.000  4/20/2016  USD   0.770
Lehman Brothers Treasury0.010   9/20/2011  USD   0.100
Heta Asset Resolution AG5.730   12/31/2023 EUR   1.132
AKB Peresvet ZAO        13.000  10/07/2017 RUB   13.000
Lehman Brothers Treasury8.875   1/28/2011  HKD   0.100
Barclays Bank PLC       2.000   05/07/2036 MXN   36.120
LBI ehf                 5.080   03/01/2013 ISK   10.625
LBI ehf                 8.650   05/01/2011 ISK   10.625
Heta Asset Resolution AG0.128   12/31/2023 EUR   1.132
Mriya Agro Holding PLC  9.450   4/19/2018  USD   4.667
Northland Resources AB  15.000  7/15/2019  USD   2.621
Lehman Brothers Treasury2.000   5/17/2010  EUR   0.100
Lehman Brothers Treasury1.280   11/06/2010 JPY   0.100
Lehman Brothers Treasury4.000   12/02/2012 EUR   0.100
Lehman Brothers Treasury8.600   7/31/2013  GBP   0.100
Lehman Brothers Treasury4.100   5/20/2009  USD   0.100
Lehman Brothers Treasury4.000   2/28/2010  EUR   0.100
Lehman Brothers Treasury8.280   7/31/2013  GBP   0.100
Lehman Brothers Treasury3.700   06/06/2009 EUR   0.100
Northland Resources AB  4.000   10/15/2020 USD   0.271
Lehman Brothers Treasury8.500   07/06/2009 CHF   0.100
Lehman Brothers Treasury7.500   9/13/2009  CHF   0.100
Northland Resources AB  4.000   10/15/2020 NOK   0.271
Credit Agricole Corporat10.200  12/13/2027 TRY   53.048
Credit Agricole Corporat11.550  1/28/2026  TRY   61.794
MIK OAO                 15.000  2/19/2020  RUB   13.875
DeltaCredit Bank JSC    1.000   10/30/2025 RUB   70.000



                           *********


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 2022.  All rights reserved.  ISSN 1529-2754.

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

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

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


                * * * End of Transmission * * *