/raid1/www/Hosts/bankrupt/TCREUR_Public/230306.mbx        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, March 6, 2023, Vol. 24, No. 47

                           Headlines



D E N M A R K

DKT HOLDINGS: Fitch Affirms & Then Withdraws 'B-' IDR
DKT HOLDINGS: Moody's Withdraws 'B3' CFR on Debt Repayment
NUUDAY A/S: Fitch Alters Outlook on 'B' LongTerm IDR to Stable


F R A N C E

FINANCIERE LABEYRIE: EUR455M Bank Debt Trades at 26% Discount


G E R M A N Y

CIDRON GLORIA: Moody's Affirms B3 CFR & Alters Outlook to Negative
KALLE GMBH: $88.8M Bank Debt Trades at 22% Discount
KALLE GMBH: EUR145M Bank Debt Trades at 21% Discount
TELE COLUMBUS: EUR525.2M Bank Debt Trades at 17% Discount


I R E L A N D

BOXER LOGISTICS: Court Grants EUR12.4MM Decision v. 2 Directors
CASTLELAKE AVIATION: Fitch Rates $635MM Incremental Loan 'BB+'
CLOVERIE PLC 2007-53: Fitch Cuts Rating on CLP7.5-Bil. Notes to BB+


I T A L Y

TEAMSYSTEM SPA: Fitch Affirms LongTerm IDR at 'B', Outlook Stable


L U X E M B O U R G

COVIS FINCO: $595M Bank Debt Trades at 46% Discount
TRAVELPORT FINANCE: $1.96B Bank Debt Trades at 42% Discount
TRAVELPORT FINANCE: $2.8B Bank Debt Trades at 25% Discount
VENATOR FINANCE: $375M Bank Debt Trades at 35% Discount


N E T H E R L A N D S

LEALAND FINANCE: $500M Bank Debt Trades at 36% Discount


N O R W A Y

AUTOMATE INTERMEDIATE: Moody's Raises CFR to Ba3, Outlook Stable


S P A I N

TDA CAM 7: Fitch Hikes Rating on A2 Notes to 'BB+sf'


S W E D E N

FASTIGHETS AB: Moody's Assigns 'Ba1' CFR & Alters Outlook to Stable


U N I T E D   K I N G D O M

CASTLEHOUSE CONSTRUCTION: Enters Administration, Owes GBP2.2MM
COX & COX: Sold in Pre-pack Administration Deal
L1R HB FINANCE: EUR415.5M Bank Debt Trades at 24% Discount
METAMORPH GROUP: Dozens of Unpaid Former Staff Still Await Payout
PHS BUYER: Midcap Financial Marks $2M Loan at 40% Off

PRAESIDIAD LTD: $35M Bank Debt Trades at 39% Discount
PRAESIDIAD LTD: EUR290M Bank Debt Trades at 38% Discount
REAL LANCASHIRE: Former Worker Awarded Payment for Unpaid Wages
TOLENT: Local Council Says School Building Work Nearly Completed


X X X X X X X X

[*] BOND PRICING: For the Week February 27 to March 3, 2023

                           - - - - -


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D E N M A R K
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DKT HOLDINGS: Fitch Affirms & Then Withdraws 'B-' IDR
-----------------------------------------------------
Fitch Ratings has revised DKT Holdings ApS's (DKT) Outlook to
Stable from Negative, while affirming the Danish telco holding
company's Long-Term Issuer Default Rating (IDR) at 'B-'. Fitch has
subsequently withdrawn the rating.

The rating action follows execution of Nuuday's EUR500 million term
loan B (TLB) financing and subsequent DKT-related financing
transactions, a EUR500 million private HoldCo Facility at DK
Telekommunikation Aps (DK Tele) level, and EUR475 million of equity
proceeds from the ultimate owners. The Nuuday and DKT-related
transactions were completed on terms largely in line with Fitch's
expectations.

The Outlook revision to Stable reflects an improved liquidity
buffer and extended maturities of HoldCo debt, such that liquidity
and refinancing risk is no longer an imminent concern.

DKT's 'B-' IDR reflects high leverage and negative free cash flow
(FCF) under the DKT perimeter (i.e. DKT/DK Tele combined with
Nuuday), with limited dividend capacity from the two operating
subsidiaries to service Holdco debt on a recurring basis, based on
Fitch's projections.

The rating has been withdrawn for commercial reasons.

KEY RATING DRIVERS

Rating Construction: Fitch rates DKT combined with DK Tele and
Nuuday under our Parent and Subsidiary Linkage (PSL) Rating
Criteria. Nuuday's Standalone Credit Profile (SCP) of 'b' is
limited to one notch above the 'b-' consolidated credit profile of
DKT combined with Nuuday. This reflects 'porous' legal ring-fencing
and 'open' access and control linkages between Nuuday and DKT under
PSL.

Fitch rates TDC NET A/S (BB/Stable) under its SCP of 'bb',
reflecting 'insulated' legal ring-fencing between DKT and TDC NET.
Fitch is therefore excluding the profile of TDC NET from its credit
assessment of DKT. Fitch would, however, include Fitch-forecasted
dividend proceeds from TDC NET to the extent Fitch expects these to
occur, and can be sustained, within the limitations of the
established ring-fencing provisions.

Limited Dividend Capacity from OpCos: Fitch currently forecasts
limited dividend payments from TDC NET and Nuuday over the next
three years owing to significant capex roll-out and higher interest
rates. Evidence of steady dividend income from OpCos supporting
continuing debt service capabilities in cash terms at DK Tele would
support a higher rating.

Cash Buffer to Service Debt: Fitch expects DK Tele's annual cash
interest to be serviced predominantly via an expected cash position
in DK Tele pro forma for the DKT-related transactions, and annual
release of surplus cash from the TDC Pension Fund, although subject
to change. The PIK toggle provides additional liquidity headroom
prior to debt maturity.

High Leverage: Under the capital structure of DKT/ DK Tele combined
with Nuuday, Fitch forecasts DKT's EBITDA leverage at 7.0x-6.0x for
2023-2024. Fitch expects cash flow from operations (CFO) minus
capex/total debt to remain negative in 2023-2025, due to high
interest burden and significant capex, which is a key rating
constraint.

High Capex Drives Negative FCF: Fitch expects Nuuday's FCF to
remain negative in 2023-2024, primarily due to investments in
streamlining its product portfolio, organisational structure and a
newly launched IT transformation programme. The IT programme (capex
and operating spending) is spread across 2022-2025, and is partly
funded by cash overfunding in connection with the TLB financing of
Nuuday. Fitch also forecasts that its revolving credit facility
(RCF) will be utilised by around 45% in 2024 to fund cash
outflows.

DERIVATION SUMMARY

DKT, as a holding company, depends on dividends from its operating
subsidiaries Nuuday and TDC NET. DKT's IDR reflects structural
subordination of the company to Nuuday and TDC NET.

KEY ASSUMPTIONS

- Pro forma for the DKT, Nuuday and TDC NET refinancing, Fitch
expects a cash buffer in DK Tele and the release of surplus funds
from TDC Pension Fund to service DK Tele's Holdco debt

- Release of surplus funds from the TDC Pension Fund is subject to
change, with less visibility on actual cash receipts

- No dividend proceeds up-streamed from TDC NET and Nuuday over
FY23-FY25 based on Fitch's forecasts for both entities

RATING SENSITIVITIES

No longer relevant as the rating is withdrawn.

LIQUIDITY AND DEBT STRUCTURE

Limited Liquidity: Fitch expects DK Tele's annual interest payments
to be primarily supported by an expected cash position in DK Tele
(pro forma for the DKT-related transactions), and an annual release
of surplus funds from the TDC Pension Fund, although subject to
change.

High Refinancing Risk: With EUR475 million in new equity and the
new Holdco Facility in DK Tele, the owners have managed to push
maturities to February 2027, reducing near-term refinancing risks.
However, refinancing risk is likely to increase closer to
maturities given high loan-to-value and limited dividend capacity
from the operating subsidiaries - currently envisaged by Fitch -
for debt service, including redemption, of the Holdco debt.

ISSUER PROFILE

In 2019, TDC Group, the Danish incumbent telecoms operator,
separated into a network company (TDC NET) and a services company
(Nuuday) with the goal to attract other telecom operators into its
infrastructure while maintaining its leadership in digital
services.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

PSL on Nuuday and DKT. DKT's rating construction is based on Nuuday
+ DKT/DK Tele debt.

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.

   Entity/Debt           Rating         Prior
   -----------           ------         -----
DKT Holdings ApS   LT IDR B-  Affirmed    B-
                   LT IDR WD  Withdrawn   B-


DKT HOLDINGS: Moody's Withdraws 'B3' CFR on Debt Repayment
----------------------------------------------------------
Moody's Investors Service has withdrawn the ratings of Danish
telecom operator DKT Holdings ApS, including the company's B3
corporate family rating and B3-PD probability of default rating,
and the (P)B3 rating on the senior unsecured euro MTN (EMTN)
programme of its indirectly owned subsidiary TDC Holding A/S
("TDC"). At the time of withdrawal, the outlook on all ratings was
stable.

RATINGS RATIONALE

The rating agency has withdrawn the ratings because TDC's senior
unsecured notes previously rated by Moody's have been fully repaid.
This follows the completion of the company's refinancing after the
issuance of a EUR500 million senior secured term loan B (TLB) at
Nuuday A/S (Nuuday, B2 stable), a EUR500 million private placement
at DK Telekommunikation ApS, an equity injection EUR475 million,
and a EUR500 million bond and bilateral facilities at TDC NET A/S
(TDC Net).

LIST OF AFFECTED RATINGS

Withdrawals:

Issuer: DKT Holdings ApS

Probability of Default Rating, Withdrawn, previously rated B3-PD

LT Corporate Family Rating, Withdrawn, previously rated B3

Issuer: TDC Holding A/S

Senior Unsecured Medium-Term Note Program, Withdrawn, previously
rated (P)B3

Outlook Actions:

Issuer: DKT Holdings ApS

Outlook, Changed To Ratings Withdrawn From Stable

Issuer: TDC Holding A/S

Outlook, Changed To Ratings Withdrawn From Stable

COMPANY PROFILE

DKT Holdings ApS, a company controlled by a consortium of Danish
pension funds Arbejdsmarkedets Tillagspension (ATP), PFA Ophelia
InvestCo I 2018 K/S, PKA Ophelia Holding K/S, and Macquarie
Infrastructure and Real Assets Inc., is the indirect parent of TDC
Holding A/S, the principal provider of fixed-line, mobile,
broadband data and cable television services in Denmark.


NUUDAY A/S: Fitch Alters Outlook on 'B' LongTerm IDR to Stable
--------------------------------------------------------------
Fitch Ratings has revised Nuuday A/S Outlook to Stable from
Negative and assigned a final Long-Term Issuer Default Rating (IDR)
of 'B'. Fitch has also assigned Nuuday's senior secured EUR500
million term loan B (TLB) a final 'BB-' rating with a Recovery
Rating of 'RR2'.

The revision in the Outlook follows the revision of parent DKT
Holding ApS (DKT)'s Outlook to Stable from Negative. Nuuday's
Standalone Credit Profile (SCP) of 'b' is limited to one notch
above the 'b-' consolidated credit profile of DKT combined with
Nuuday.

The assignment of a final 'B' IDR on Nuuday follows Nuuday's EUR500
million TLB financing and subsequent DKT-related financing
transactions, a EUR500 million private TLB in the DK
Telekommunikation Aps (DK Tele) and equity proceeds from the
ultimate owners. The transactions, including the redemption of DKT
Finance ApS's EUR1,050 million 2023 and USD410 million 2023
fixed-rate notes, were all made on terms largely in line with
Fitch's expectations.

KEY RATING DRIVERS

'b' SCP: Nuuday's SCP of 'b' reflects high leverage for an
asset-light telecoms service company, negative FCF owing to high
capex, and intense competition in the Danish market. This is
balanced by Nuuday's strong domestic position in mobile, broadband
and TV.

The 'b' SCP also reflects its view that Nuuday will be able to
address competitive pressures on revenue with an improved focus on
customer services and efficient cost-optimisation measures. Fitch
also assumes reduced capex intensity by end-2025, and a prudent M&A
and financial policy, with no acquisitions or dividends in its base
case.

PSL Linkage: Fitch has applied its PSL Criteria and taken the
stronger subsidiary and weaker parent approach. Nuuday's debt
financing is separate from that of its intermediate parent DK Tele,
with no cross-guarantees or cross-default provisions and separate
security packages. However, the overall control of the parent and
the private TLB, leads to its assessment of 'open' access and
control and 'porous' legal ring-fencing, respectively, with a
consolidated profile +1 notch rating approach.

High Cash Flow Leverage: Fitch expects Nuuday to have Fitch-defined
EBITDA leverage of 3.6x-3.1x in 2023-2024, which is significantly
stronger than the thresholds of 4.5x-5.5x for the 'B' rating.
However, Fitch expects Nuuday's other leverage metric, cash flow
from operations (CFO) less capex/total debt, to remain negative in
2023-2024, which is a key rating constraint. Fitch believes that
asset-light operators bear higher operational risks than integrated
telecom companies, so the leverage thresholds for them are
typically tighter.

High Capex Drives Negative FCF: Fitch expects Nuuday's FCF to
remain negative in 2023-2024, primarily due to investments in
streamlining its product portfolio, organisational structure and a
newly launched IT transformation programme. The IT programme (capex
and operating spending) is spread across 2022-2025, and is part
funded by cash overfunding in connection with the TLB financing of
Nuuday. Fitch also forecasts that its revolving credit facility
(RCF) will be utilised by around 45% in 2024 to fund cash
outflows.

Capex Flexibility: Nuuday maintains some flexibility in capex,
which can help it mitigate pressures on cash flow in case of
operational underperformance. Capex should start to decrease
materially from 2025 as a result of improved efficiencies and
completion of the IT transformation programme.

Delayed Margin Improvement: Nuuday's Fitch-defined EBITDA margin in
2023-2024 is affected by its expectations that competitive
pressures will delay the company in passing on cost increases to
its customers. Fitch also incorporates DKK40 million-DKK180 million
of annual operating spending from the IT transformation programme
into Fitch-defined EBITDA, which should come to an end by 2025.

Fitch expects Nuuday to remain cost-efficient and cost-optimisation
initiatives should continue to support underlying margin
improvement. TDC Group, from which Nuuday has been split, has a
disciplined approach to cost, as demonstrated by its history of
operating margin growth, and Fitch expects Nuuday to inherit this
approach.

Leading Market Positions: Nuuday holds the leading position in the
end-user market for mobile, broadband and pay-TV services in
Denmark with a strong portfolio of brands in both B2C and B2B
segments, underpinned by the leadership in infrastructure quality
and coverage of TDC NET. Fitch believes the structural separation
of TDC NET will not affect Nuuday's market position and expect it
to continue benefiting from its long-term partnership with TDC NET.
At the same time, Nuuday's partnerships with utility companies that
offer wholesale fibre should provide it with additional flexibility
for its broadband expansion.

Access to Best Infrastructure: Its long-term contracts and
established relationships with TDC NET allow Nuuday to maintain its
competitive advantage in infrastructure despite its split from TDC
Group. Fitch expects TDC NET's quality leadership to persist, which
is a major strength for Nuuday over its competitors. This is
particularly the case in the mobile segment, where Nuuday benefits
from being well ahead of the competition in 5G. In broadband,
competition is high due to the ability of all service providers to
gain non-discriminatory access to TDC NET's and the utilities'
fibre networks.

Commercial Risks Increase: The separation of network infrastructure
from Nuuday effectively passes the risks of increasing competition
to service companies. Intense competition may put pressure on
prices and increase churn, which, combined with a high share of
fixed costs for wholesale network services, may squeeze margins.

However, the separation of networks can help operators increase
focus on customer satisfaction and operational efficiency. It also
removes the risks associated with investing in new technologies,
passing them on to wholesale network providers.

DERIVATION SUMMARY

The operating profiles of asset-light operators are weaker than
those of integrated telecoms operators due to the former's
dependence on third-party infrastructure, higher exposure to the
risk of high competition and operational underperformance, and
lower margins.

Nuuday's closest peer is UK fixed-line operator TalkTalk Telecom
Group Plc (B/Stable). Compared to TalkTalk, Nuuday benefits from
notably stronger market positions and diversification across
service segments.

Nuuday's peer group includes small and medium-sized domestically
focused telecom operators Lorca Holdco Limited (B+/Stable), PLT VII
Finance S.a r.l. (Bite; B/Stable), Melita BidCo Limited (B+/Stable)
and eircom Holdings (Ireland) Limited (B+/Stable). Different
leverage thresholds for this peer group reflect differences in
domestic market competitive intensity, strength of market
positions, margins and cash flow generation. Fitch sees lower
margins and negative FCF as constraining factors for Nuuday's
ratings.

KEY ASSUMPTIONS

- A Fitch-defined EBITDA margin of 10% in 2022,
   decreasing towards 7% in 2023 amid higher inflation
   and increased costs associated with the IT transformation
   programme, increasing towards 10% in 2025

- Capex at DKK1.6 billion in 2023 (including IT capex),
   gradually reducing to DKK950 million in 2025

- Working capital outflows of 1.6%-0.3% of revenue over
   2023-2025 (excluding impact from IT programme)

- Negative FCF in 2023-2024, funded by cash overfunding
   at closing and RCF drawings

KEY RECOVERY ASSUMPTIONS

- Fitch assumes Nuuday would be reorganised as a going
   concern in distress or bankruptcy rather than liquidated

- Post-restructuring EBITDA estimated at DKK1.1 billion,
   reflecting stress assumptions of intensifying market
   competition, and failure to deliver planned cost savings

- A distressed enterprise value multiple of 4.0x to
   calculate a post-restructuring valuation

Fitch deducts 10% for administrative claims and allocate the
residual value according to a structured debt waterfall. Fitch
expect the EUR135 million RCF to be fully drawn in a default
scenario, ranking pari-passu with the EUR500 million TLB. Based on
current metrics and assumptions, the waterfall analysis generates a
ranked recovery at 84% in the 'RR2' band, indicating a 'BB-'
instrument rating for the senior secured TLB.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to an
upgrade:

- Cash flow from operations less capex above 3% of
   total debt, reflecting a stable competitive market
   position and a normalising capex profile

- EBITDA Leverage sustainably below 4.5x

- An improved consolidated credit profile of DKT combined
   with Nuuday

- Weakening of access and control, or legal ties between
   DKT and Nuuday

Factors that could, individually or collectively, lead to a
downgrade:

- Weakening of the consolidated credit profile of DKT combined
with Nuuday

- EBITDA Leverage sustainably above 5.5x

- Increased competitive intensity in the Danish
   telecoms market, resulting in declining EBITDA and
   sustained negative FCF

- Weak liquidity, including continued reliance on RCF to
   fund negative FCF

LIQUIDITY AND DEBT STRUCTURE

Satisfactory Liquidity: Fitch forecasts negative FCF of DKK1.2
billion in FY23-FY24 owing to high capex and the IT transformation
programme. Fitch expects the outflows to be funded by cash
overfunding in connection with the TLB financing, and drawings
under the committed EUR135 million RCF (DKK1 billion). Fitch
expects the RCF to be around 45% used in 2024.There is some capex
flexibility, which can be used to free up cash if needed.

Refinancing Risk Manageable: Refinancing risk is mitigated by
long-dated maturities and normalisation of capex plans, with
deleveraging at Fitch-defined 3.0x EBITDA leverage in FY25 with
neutral-to-positive FCF. Weaker debt service metrics and
approaching maturities in DK Tele is likely to affect its
assessment of Nuuday's refinancing risk, as enforced share pledges
under DK Tele's debt could lead to a mandatory prepayment under
Nuuday's debt structure.

ISSUER PROFILE

Nuuday is the service company resulting from the split of the
Danish incumbent telecoms operator TDC Group. The company offers
unbundled products covering mobile, broadband, TV and telephony
using the fixed and mobile network from TDC NET and third-party
regional fibre networks.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

PSL on Nuuday and DKT. DKT rating construction is based on Nuuday +
DKT/DK Tele debt.

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.

   Entity/Debt             Rating          Recovery      Prior
   -----------             ------          --------      -----
Nuuday A/S          LT IDR B   New Rating               B(EXP)

   senior secured   LT     BB- New Rating     RR2     BB-(EXP)




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

FINANCIERE LABEYRIE: EUR455M Bank Debt Trades at 26% Discount
-------------------------------------------------------------
Participations in a syndicated loan under which Financiere Labeyrie
Fine Foods SASU is a borrower were trading in the secondary market
around 74 cents-on-the-dollar during the week ended Friday, March
3, 2023, according to Bloomberg's Evaluated Pricing service data.

The EUR455 million facility is a Term loan that is scheduled to
mature on July 30, 2026.  The amount is fully drawn and
outstanding.

Financiere Labeyrie Fine Foods sells seafood products. The Company
prepares shrimp, duck items, salmon, sushi, trout, and foie gras.
Labeyrie Fine Foods serves customers worldwide. The Company's
country of domicile is France.




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

CIDRON GLORIA: Moody's Affirms B3 CFR & Alters Outlook to Negative
------------------------------------------------------------------
Moody's Investors Service has affirmed the B3 long term corporate
family rating and the B3-PD probability of default rating at the
level of Cidron Gloria Holding GmbH ("GHD" or the "company").
Concurrently, Moody's has affirmed the B3 rating of the EUR360
million backed senior secured term loan maturing in August 2026 and
the B3 rating of the EUR80 million backed senior secured revolving
credit facility (RCF) maturing February 2026, both issued by GHD
Verwaltung GesundHeits GmbH Deutschland, a subsidiary of Cidron
Gloria Holding GmbH. The outlook on both entities has been changed
to negative from stable.

RATINGS RATIONALE

The rating action reflects the further weakening of the company's
credit metrics in 2022 compared to both 2021 and Moody's
expectations. Moody's-adjusted debt to EBITDA reached 10.4x and
Moody's-adjusted EBITA to interest expense dropped to around 1.0x
in 2022. The rating was already weakly positioned, evidenced by
relatively weak leverage metrics, such as Moody's-adjusted debt to
EBITDA of 8.2x in 2021. The action also reflects Moody's
expectation that credit metrics are unlikely to recover to levels
commensurate with a B3 rating over the next 12 months, with
leverage remaining above 8.0x in 2023, as well as a degree of
execution risk with regards to the company's plans for improving
operating efficiency and organic growth of its homecare services
division within an already challenging operating environment due to
continuing pricing pressure and competitive hiring market. Given
the current very weak rating positioning of GHD, the company needs
to swiftly demonstrate its ability to turnaround the operating
performance of the group to sustain its current rating. Moody's
recognizes that the company's liquidity remains adequate with no
near term refinancing risks.

In the next 12 to 18 months, Moody's expects limited revenue and
EBITDA growth in the low single digit levels. Moody's also expects
EBITDA management adjustments to continue to negatively weigh on
the credit metrics with leverage remaining at around 10.0x in 2023
before coming down toward 8.0x in 2024. Nonetheless, Moody's
believes that GHD's liquidity should remain adequate in the next 12
months driven by the company's adequate cash balance and access to
EUR80 million undrawn RCF. Moody's expects free cash flow
generation to be limited in 2023 due to limited EBITDA improvement
and high interest payments.

GHD's B3 ratings are constrained by the company's (1) high
leverage, (2) the lack of geographic diversification which exposes
the company to change in regulation, macro-economic trends or other
country-specific topics, (3) continuous pricing pressure from
health insurance companies reimbursing most of GHD's products and
services which constraints margins.

Conversely, B3 ratings continue to be supported by the company's
(1) leading position in the medical home care market in Germany,
(2) barriers to entry, supported by GHD's large and well-spread
network of licensed nurses and its long-term relationships with
health insurance companies, hospitals and patients, (3) positive
underlying fundamental trends, which drive demand for home care
medical services and products.

LIQUIDITY

GHD's liquidity is adequate supported by (1) EUR29.7 million of
cash on balance as of December 2022 (5% of revenue), (2) EUR80
million RCF, fully undrawn as of end December 2022, and (3)
long-dated debt maturities with the backed senior secured term loan
and the RCF maturing in 2026. The RCF is subject to a springing
covenant (net leverage to be below 11.15x) tested if the RCF is
drawn by more than 40%. As of December 2022, the net debt leverage
as calculated by the company, was 8.09x.

STRUCTURAL CONSIDERATIONS

The PDR at B3-PD incorporates Moody's assumption of a 50% recovery
rate, reflecting GHD's debt structure, which is composed of
first-lien backed senior secured bank credit facilities with no
maintenance covenant. The B3 instrument rating on the backed senior
secured bank credit facilities is in line with the CFR in the
absence of any significant liabilities ranking ahead or behind. The
instruments share the same security package and are guaranteed by a
group of companies representing at least 80% of the consolidated
group's EBITDA. The security package consists of shares, bank
accounts and intragroup receivables.

RATIONALE FOR NEGATIVE OUTLOOK

The negative outlook reflects the execution risks associated with
the operating improvement required to maintain the rating in the
current B3 category. The required operating improvement notably
include improvement in organic growth, margin increase and positive
FCF generation.

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

Given the negative outlook, an upgrade is unlikely in the
short-term. However, upward pressure could arise if the company
recovers its historical high EBITDA margin levels of above 10%; if
its leverage, as measured by Moody's-adjusted debt/EBITDA, were to
decrease materially and sustainably below 6.0x; Moody's-adjusted
EBITA/interest expense were to increase above 2.0x; and
Moody's-adjusted FCF were to increase above 5% for a sustained
period of time.

Negative rating pressure could develop if the company's operating
performance fails to improve so that its Moody's-adjusted
debt/EBITDA fails to materially decrease from the current high
levels of around 10.0x, its FCF would turn negative for a prolonged
period of time, Moody's-adjusted EBITA/interest expense were to
decrease towards 1.0x or its liquidity weakens. Any debt-funded
acquisition or shareholder-friendly action, such as dividends,
could also strain the rating.  

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.

KALLE GMBH: $88.8M Bank Debt Trades at 22% Discount
---------------------------------------------------
Participations in a syndicated loan under which Kalle GmbH is a
borrower were trading in the secondary market around 78.2
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $88.8 million facility is a Term loan that is scheduled to
mature on December 29, 2023.  The amount is fully drawn and
outstanding.

Kalle GmbH provides food machinery equipment. The Company's country
of domicile is Germany.



KALLE GMBH: EUR145M Bank Debt Trades at 21% Discount
----------------------------------------------------
Participations in a syndicated loan under which Kalle GmbH is a
borrower were trading in the secondary market around 79.1
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR145 million facility is a Term loan that is scheduled to
mature on December 29, 2023.  The amount is fully drawn and
outstanding.

Kalle GmbH provides food machinery equipment. The Company's country
of domicile is Germany.


TELE COLUMBUS: EUR525.2M Bank Debt Trades at 17% Discount
---------------------------------------------------------
Participations in a syndicated loan under which Tele Columbus AG is
a borrower were trading in the secondary market around 83.5
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR525.2 million facility is a Term loan that is scheduled to
mature on October 15, 2024.  About EUR462.5 million of the loan is
withdrawn and outstanding.

Tele Columbus AG provides cable services. The Company offers cable
television programming, telephone, and internet connection services
to homeowners and the housing industry. Tele Columbus operates
throughout Germany.




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

BOXER LOGISTICS: Court Grants EUR12.4MM Decision v. 2 Directors
---------------------------------------------------------------
Breakingnews.ie reports that the High Court has granted a judgment
of EUR12.4 million against two directors of a logistics firm who
allegedly misused the company's funds, failed to declare its income
to Revenue and allegedly unlawfully availed of Covid support
schemes during the pandemic.

The judgment was made, on a joint and severable basis, against
Stewart Alexander and Bill Henry who are directors of Boxer
Logistics Ltd in Finglas, Dublin, which had traded as B Logistics
before it was placed into liquidation last year, Breakingnews.ie
recounts.

According to Breakingnews.ie, judgment was sought against the two
directors by insolvency practitioners Tom Murray and Tom Musiol,
who in March 2022 were appointed as liquidators to the firm.  B
Logistics had provided delivery services for commercial companies
including Ikea and Buy it Direct.

On Feb. 27, Ms Justice Miriam O'Regan agreed Mr. Alexander and Mr.
Henry should be made personally liable for the company's debts
after being informed that the two directors had allegedly
continually underdeclared the firm's true income and had underpaid
its taxes, including corporation tax, PRSI and VAT, Breakingnews.ie
relates.

The court heard that the firm owes Revenue over EUR6 million,
Breakingnews.ie discloses.

The court was also told that EUR250,000 of company money was paid
by bank draft to a Ms. Paula Loredana Hutu, a former employee of
the firm two weeks before the business went into liquidation,
Breakingnews.ie states.

The company had allegedly misrepresented its financial position to
Revenue in order to benefit from the Temporary Covid-19 Wages
Subsidy and the Employee Wage Subsidy Schemes, it is claimed,
Breakingnews.ie notes.  It is further claimed it received EUR1.9
million, Breakingnews.ie relays.

Due to the director's manipulation of the company's finances, the
liquidators said Mr. Alexander and Mr. Henry owe the company itself
a sum of over EUR6 million, according to Breakingnews.ie.

The liquidators had sought payment from the directors of that sum
but received no payment in respect of the claim, Breakingnews.ie
discloses.


CASTLELAKE AVIATION: Fitch Rates $635MM Incremental Loan 'BB+'
--------------------------------------------------------------
Fitch Ratings has assigned Castlelake Aviation One Designated
Activity Company's (CAO) $635 million, SOFR plus 2.75% variable
rate five-year senior secured incremental Term Loan B a rating of
'BB+'.

The rating is in line with the expected rating Fitch assigned to
CAO's incremental Term Loan B on Feb. 6, 2023.

KEY RATING DRIVERS

The rating assigned to the incremental term loan is aligned with
the 'BB+' rating assigned to CAO's existing senior secured Term
Loan B issued in November 2021.  Terms of the loan add-on mirror
those of the outstanding instrument with the exception of the
instrument maturity (being Oct 2027 for the loan add-on versus Oct
2026 for the existing Term Loan B). The senior secured Term Loan B
is notched up once from Castlelake Aviation Limited's (CA)
Long-Term Issuer Default Rating (IDR) of 'BB', reflecting the
aircraft collateral backing the obligations which suggests above
average recovery prospects.

In Fitch's view, the issuance will not result in a material impact
to CA's leverage, as the issuance proceeds are earmarked for
general corporate purposes and to repay existing debt. Proforma for
this issuance, Fitch estimates leverage (gross debt to tangible
equity) to remain largely unchanged at around 2.2x as of Dec. 31,
2022. The company has articulated a leverage target of net debt to
equity in the range of 2.5x-3.0x, which should translate to
2.7x-3.2x on a gross debt to tangible equity basis based on CA's
average cash balances. Fitch believes CA's leverage target is
appropriate in the context of its fleet quality.

CA's IDR reflects its young fleet, one of the longest weighted
average remaining lease terms in the industry, adequate targeted
leverage, the absence of order book purchase commitments, low
levels of near-term debt maturities and sound liquidity metrics.
The rating also considers the company's business profile that
benefits from its affiliation with Castlelake LP, which has an
established position as a lessor of midlife and older commercial
aircraft, its management experience and track record in
underwriting, servicing and managing a sizeable global aircraft
portfolio.

Primary rating constraints include execution risk arising from CA's
aggressive, albeit attainable growth targets and accompanying
financing objectives, the company's largely secured funding
profile, a higher than average exposure to weaker credit airlines
and weaker projected profitability over the next two years. Fitch
also notes potential governance and conflict of interest risks
associated with CA's externally-managed business model, limited
number of independent board members and ownership by a fixed-life
private fund structure.

The Stable Rating Outlook reflects Fitch's expectation that CA will
manage its balance sheet growth in order to maintain sufficient
headroom relative to its targeted leverage range and Fitch's
negative rating sensitivities over the Outlook horizon, despite
Fitch's expectations for increased macro challenges, including
elevated market volatility, rising interest rates, and growing
inflation. The Stable Outlook also reflects expectations for the
maintenance of a strong liquidity position, given the lack of order
book purchase commitments with aircraft manufacturers.

SUBSIDIARY RATINGS

The Long-Term IDR assigned to CAO is equalized with that of CA
given it is a wholly-owned and highly integrated subsidiary of the
company.

RATING SENSITIVITIES

The rating assigned to the senior secured, incremental Term Loan B
is primarily sensitive to changes in CA's Long-Term IDR and
secondarily to the relative recovery prospects of the instrument.

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

CA

CA's ratings could be positively influenced by solid execution with
respect to planned growth targets and outlined long-term strategic
financial objectives, including maintenance of leverage within the
targeted range. Ratings could also benefit from enhanced scale and
an improved risk profile of the portfolio, as exhibited by stronger
lessee diversification, reduced exposure to weaker airlines,
maintenance of the impairment ratio below 1%, and increases in the
proportion of Tier 1 aircraft and narrowbody aircraft.

An upgrade would be also conditioned upon achieving a sustained
return on average assets in excess of 2.5% and unsecured debt
approaching or in excess of 35% of total debt, while achieving and
maintaining unencumbered assets coverage of unsecured debt in
excess of 1.0x. Any potential upward rating momentum would also be
evaluated in the context of potential governance and conflict of
interest risks associated with CA's externally managed business
model, limited number of independent board members and ownership by
a fixed-life private fund structure.

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

CA

Macroeconomic headwinds which pressure airlines and negatively
impact the company's cash flow generation, profitability, and
liquidity position could yield negative rating actions. A weakening
of the company's projected long-term cash flow generation,
profitability and liquidity coverage falling below 1.0x and/or a
sustained increase in leverage above 4x would also be viewed
negatively.

   Entity/Debt             Rating               Prior
   -----------             ------               -----
Castlelake Aviation
One Designated
Activity Company
  
   senior secured       LT BB+  New Rating   BB+(EXP)


CLOVERIE PLC 2007-53: Fitch Cuts Rating on CLP7.5-Bil. Notes to BB+
-------------------------------------------------------------------
Fitch Ratings has downgraded Cloverie PLC 2007-53 CLP7,597,500,000
credit linked notes (CLNs) to 'BB+f' from 'BBB-sf'. The Rating
Outlook is Stable.

The downgrade to the CLN follows Fitch's downgrade of Enel
Generacion Chile S.A.'s Long-Term Rating to 'BBB+sf' on Jan. 13,
2023. Enel Generacion is a risk-presenting entity to this
transaction. The Outlook remains Stable and reflects the assessment
of the transaction's main risk driver, Enel Generacion Chile S.A.
(Enel; IDR: 'BBB+'/Stable), which is the lowest-rated
risk-presenting entity.

   Entity/Debt            Rating              Prior
   -----------            ------              -----
Cloverie PLC 2007-53

   CLN-Empresa
   Nacional de
   Elect              LT BB+sf  Downgrade    BBB-sf

TRANSACTION SUMMARY

The transaction is designed to provide credit protection on the
reference entity Enel Generacion Chile S.A. The credit protection
is arranged through a credit default swap between the issuer and
Citigroup Global Markets, Inc., the swap counterparty.

KEY RATING DRIVERS

The rating considers the credit quality of Citigroup Inc., (Issuer
Default Rating [IDR]; A/Stable), as the swap counterparty,
Citigroup Inc.'s subordinate notes (CUSIP: 172967CC3, BBB+) as the
qualified investment and the IDR of the reference entity, Enel
Generacion Chile S.A.

The swap is subject to restructuring as a credit event. Therefore,
Fitch applied a one-notch downward adjustment to Enel's rating to
'BBBsf' from 'BBB+sf' prior to applying "Fitch's Two-risk Matrix"
from the "Single-and Multi-Name Credit-Linked Notes Rating
Criteria," dated Jan. 11, 2023. The Stable Outlook reflects the
Outlook on the main risk driver, Enel, which is the lowest-rated
risk-presenting entity.

RATING SENSITIVITIES

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

Rating Scenarios Regarding Enel Generacion Chile S.A. (assuming no
change to the current rating assigned to Citigroup Inc.
Subordinated Notes[CUSIP: US172967CC3]):

- A downgrade of one notch would result in a rating downgrade of
the notes to 'BBsf';

- A downgrade of two notches would result in a rating downgrade of
the notes to 'BB-sf'.

Rating Scenarios Regarding Citigroup Inc. Subordinated Notes
(CUSIP: US172967CC3, assuming no change to the current rating
assigned Enel Generacion Chile S.A.):

- A downgrade of one notch would result in no change to the rating
of the notes at 'BB+sf';

- A downgrade of two notches would result in a rating downgrade of
the notes to 'BBsf'.

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

Rating Scenarios Regarding Enel Generacion Chile S.A. (assuming no
change to the current rating assigned to Citigroup Inc.
Subordinated Notes [CUSIP: US172967CC3]):

- An upgrade of one notch would result in a rating upgrade of the
notes to 'BBB-sf';

- An upgrade of two notches would result in a rating upgrade of the
notes to 'BBBsf'.

Rating Scenarios Regarding Citigroup Inc. Subordinated Notes
(CUSIP: US172967CC3, assuming no change to the current rating
assigned Enel Generacion Chile S.A.):

- An upgrade of one notch would result in a rating upgrade of the
notes to 'BBB-sf';

- An upgrade of two notches would result in a rating upgrade of the
notes to 'BBB-sf'.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

The rating of the CLN is directly linked to the credit quality of
the risk presenting entities. A change in Fitch's assessment of the
credit quality of lowest rated risk presenting entities would
automatically result in a change in the rating on the CLN.




=========
I T A L Y
=========

TEAMSYSTEM SPA: Fitch Affirms LongTerm IDR at 'B', Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has affirmed TeamSystem S.p.A's Long-Term Issuer
Default Rating (IDR) at 'B' with a Stable Outlook. Fitch also
affirmed the company's senior secured notes at 'B+' with a Recovery
Rating of 'RR3'.

The affirmation follows TeamSystem's strong operating performance
to date. Revenue in the last 12 months to end-September 2022 grew
around 17.4%, where organic growth was around 10%, while EBITDA
rose 13.6%.

Fitch expects Teamsystem's leverage to decline to within its
sensitivities for a 'B' rating by end-2023, following the issue of
additional EUR185 million senior secured floating notes in October
2022. The new issue not only increased its forecast EBITDA leverage
for 2022 by around 1.0x to 6.9x but also delayed deleveraging to
within our sensitivities by one year compared with its previous
forecasts.

KEY RATING DRIVERS

High Leverage: Fitch now expects TeamSystem's Fitch-defined EBITDA
leverage to remain high in 2022 before it falls to around 6.0x in
2023, from around 7.2x at end-2021, due to the EUR185 million bond
issue. However, Fitch sees sufficient visibility to the company's
deleveraging path as it is supported by a high portion of recurring
revenue and contribution from recent M&A to EBITDA growth in 2023.
The high leverage is mitigated by the critical nature of the
company's product offering to their client's day-to day businesses
and strong free cash flow (FCF) generation.

Successful Price Increases: TeamSystem's contractual relationships
with their customers are inflation- linked where new product
offerings and functionalities are the main drivers of these price
increases. It has discretion over price adjustments on a yearly
basis and its subscriptions are confirmed every January, giving the
company good visibility over the year. Fitch expects TeamSystem to
benefit from significant price increases in 2023, which will offset
some of the Fitch-defined EBITDA margin dilution to around 34% this
year, from 35% in 2022.

The company's leading position, the critical nature of its services
and their modest prices as a share of the customers' overall cost
base, protect it from inflation-related supply shocks.

Financial Policy to Remain Aggressive: TeamSystem has maintained
high leverage with an LBO capital structure under different private
equity owners. Shareholders have historically utilised the
company's debt capacity in full to boost shareholders'
distributions and M&A activity and Fitch expects their financial
policy to remain aggressive. This is observed in the company's
latest recapitalisation in 2021 and with the bond issue in 2022,
whose proceeds will be used for additional cash buffer and M&A.

Increasing Revenue Visibility: The company's recurring revenue
represented around 84% of the total in 3Q22, up from around 82% in
2021 and 81% in 2020. TeamSytem's new business lines, digital
finance and HR, have performed well with yearly revenue growth of
around 49.7% and 27.6%, respectively, as of 3Q22. Fitch expects the
company's growth to remain strong in 2023 as it continues to
benefit from strong new bookings in 2022, the full-year revenue and
EBITDA contribution from M&A, and the beneficial operating
environment supporting digitisation and adoption of e-invoicing.

Stable Churn: Churn has remained stable on average at around 10%,
including renegotiations, across the company's business lines.
Churn is higher for growing micro-business clients, but much lower
in the SMEs and professionals' channels. The weakening
profitability of their customers is unlikely to increase churn
significantly, given TeamSystem's strong market position and the
essential nature of its products and services.

Strong FCF: TeamSystem enjoyed pre-dividend FCF margins above 20%
in 2020 and 2021, due to low capex requirements and favourable
working-capital dynamics. Fitch expects FCF margins to reduce but
remain strong in 2022-2025 on average at around 15%. This reduction
is mainly due to a dilution in the company's EBITDA margins, as it
integrates new acquisitions, and to moderate working-capital
outflows, which is a reversal of the previous trend. TeamSystem's
FCF generation is a key supporting factor of its bolt-on
acquisition strategy.

M&A-Related Execution Risks: TeamSystem's M&A strategy exposes it
to some execution risk from integrating acquired targets. Delays in
the extraction of synergies may temporarily dilute EBITDA margins.
While entering new geographies, such as Spain, allows TeamSystem to
diversify away from Italy, it also carries risk due to the high
fragmentation of these newly targeted markets.

Secular Growth Trends Supportive: TeamSystem has benefitted from
the introduction of e-signature and e-invoicing in Italy. It
triggered strong growth within the company's customer base as
micro-businesses and SMEs began to access financial and accounting
software products. Fitch expects this to continue in Italy and a
similar trend in Spain following its approval of the law on
mandatory electronic invoicing between companies and self-employed
individuals.

Fitch remains cautious in its forecasts on organic revenue growth
in Spain as it sees high execution risks from the presence of
alternatives and, potentially, slow adoption across all regions.

DERIVATION SUMMARY

Fitch assesses TeamSystem under its Technology Ratings Navigator
framework. TeamSystem's rating reflects its high leverage and its
leading market position in the Italian enterprise resource planning
(ERP) software market. The critical nature of Teamsystem's product
offering to its client's businesses translates into higher revenue
visibility than for some peers with lower product criticality.

TeamSystem's closer peer is Unit4 Group Holding B.V. (Unit4;
B/Stable). TeamSystem's leading market share of around 40% is
higher, but Unit4 has better geographic diversification. TeamSystem
has higher EBITDA margins and is slightly ahead of Unit4 in their
share of recurring revenue. Both companies have comparable leverage
profiles as subjects of LBOs.

Cedacri MergeCo S.p.A (Cedacri; B/Stable) and Dedalus SpA (Dedalus;
B-/Stable) are also active with a software-as-a-service (SaaS)
model and have similar leverage and FCF profiles to TeamSystem.
These companies are exposed to favourable secular growth trends
benefitting from a strong digitisation trend in Italy and across
Europe. Cedacri, however, operates in the Italian banking and
financial institutions industry and is thus exposed to the risk of
consolidation within its customer base.

Lower leveraged Centurion Bidco S.p.a. (Engineering; B+/Negative)
displays greater revenue scale and lower capex requirements than
TeamSystem. In addition, Fitch believes that ERP providers'
diversified customer base provides for lower business risk than
companies with a consultancy model like Engineering and AlmavivA
S.p.A (BB-/Stable).

KEY ASSUMPTIONS

- Annual revenue growth of 15.5% in 2022, 17.5% in 2023
   and 14.1% in 2024

- Fitch-defined EBITDA margin dilution to 33.8% in 2023,
   from 34.7% in 2022, before rising to 34.4% in 2024

- Capex, excluding research and development costs, at about
   3.4% of revenue in 2022 and about 3% in 2023-2025

- Research and development costs of around EUR17 million -
   EUR19 million per year to 2025, fully deducted from EBITDA

- Pro-forma M&A revenue of EUR40 million every year, phased
   in on a half-year basis. High acquisition multiples
   resulting in EUR100 million of M&A spend each year

- Drawn down revolving credit facility (RCF) fully repaid in 2022

- Yearly cash payments of interest on payment-in-kind
   instruments of EUR30 million-EUR40 million, which are
   treated as shareholder distributions

Key Recovery Assumptions

Fitch believes TeamSystem would be considered a going-concern (GC)
in bankruptcy and would be reorganised rather than liquidated. This
is due to its technological and legislative knowledge and a wide
customer base operating with TeamSystem's product suite of licenses
and subscriptions packages.

Fitch assesses the company's GC EBITDA post-restructuring at about
EUR165 million, up from EUR150 million in its previous rating
action. The increase reflects the company's increased scope of
companies following recent M&A activity, and its updated capital
structure. The GC EBITDA post- restructuring takes into account
slower growth prospects, impaired pricing power and higher
competitive intensity that would lead to a restructuring.

Fitch uses an enterprise value (EV)/EBITDA multiple of 6.0x, in
line with the average of its distressed multiples for business
services and technology companies in the wider 'B' category. This
is based on strong industry dynamics for TeamSystem in the Italian
ERP sector, high barriers to entry and a strong market share with
prospects for sustained cash flow generation.

Fitch assumes TeamSystem's EUR180 million RCF to be fully drawn on
default. The RCF ranks super senior and ahead of its senior secured
notes. The senior secured notes increased following the company's
EUR185 million notes issue to a total of EUR1,335 million. Its
EUR300 million holdco notes are recognised as equity and excluded
from its debt quantum calculation. Fitch analysis indicates a
recovery of 'RR3'/53% for the senior secured notes, implying a
single-notch uplift from the IDR. Fitch has assumed a 10% charge
for administrative claims.

RATING SENSITIVITIES

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

- Total debt with equity credit/operating EBITDA below 5.0x

- Operating EBITDA/interest paid sustained above 3.0x
   or FFO interest coverage sustained above 2.5x

- FCF margin consistently above 10%

- Continued growth of cloud-related revenue to over half of
   sales

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

- Total debt with equity credit/operating EBITDA above
   6.5x as a result of smaller EBITDA margins or material
   debt-funded acquisitions

- Operating EBITDA/interest paid below 2.0x or FFO interest
   coverage below 1.5x

- FCF margin consistently below 5%

- Evidence of a lack of consolidation of the company's
   position in the SME, micro business and cloud markets

- Decline in EBITDA margin to below 32% on a sustained basis
   due to excessive dilution from M&A, as well as loss of
   internal efficiency and pricing power

LIQUIDITY AND DEBT STRUCTURE

Satisfactory Liquidity: TeamSystem's liquidity is satisfactory with
EUR30.6 million cash and cash equivalents as of 30 September 2022,
which increased with the EUR185 million senior secured bond issue.
Fitch estimates cash of at least around EUR118 million at end-2022,
after M&A in the fourth quarter. Fitch expects the company to use
its higher-than-usual liquidity reserves for M&A. TeamSytem's
liquidity is also supported by its undrawn remaining EUR165 million
RCF and positive FCF generation.

ISSUER PROFILE

TeamSystem is an Italian-based provider of financial and accounting
ERP software.

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.

   Entity/Debt             Rating        Recovery   Prior
   -----------             ------        --------   -----
TeamSystem S.p.A.   LT IDR B   Affirmed                B

   senior secured   LT     B+  Affirmed     RR3        B+

   super senior     LT     B+  Affirmed     RR3        B+

   senior secured   LT     B+  New Rating   RR3




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

COVIS FINCO: $595M Bank Debt Trades at 46% Discount
---------------------------------------------------
Participations in a syndicated loan under which Covis Finco Sarl is
a borrower were trading in the secondary market around 54.5
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $595 million facility is a Term loan that is scheduled to
mature on February 18, 2027.  About $572.7 million of the loan is
withdrawn and outstanding.

Covis Finco SARL is an entity affiliated with Covis Pharma, which
is backed by Apollo Global Management.  Covis Pharma distributes
pharmaceutical products for patients with life-threatening
conditions and chronic illnesses.  Finco is the borrower under a
term loan facility used to refinance existing debt and refinance
the debt incurred to finance products acquired from AstraZeneca.
Finco has its registered office in Luxembourg.


TRAVELPORT FINANCE: $1.96B Bank Debt Trades at 42% Discount
-----------------------------------------------------------
Participations in a syndicated loan under which Travelport Finance
Luxembourg Sarl is a borrower were trading in the secondary market
around 58.4 cents-on-the-dollar during the week ended Friday, March
3, 2023, according to Bloomberg's Evaluated Pricing service data.

The $1.96 billion facility is a Term loan that is scheduled to
mature on May 29, 2026.  The amount is fully drawn and
outstanding.

Travelport Finance Luxembourg Sarl operates as a subsidiary of
Travelport Holdings Ltd.  The Company's country of domicile is
Luxembourg.


TRAVELPORT FINANCE: $2.8B Bank Debt Trades at 25% Discount
----------------------------------------------------------
Participations in a syndicated loan under which Travelport Finance
Luxembourg Sarl is a borrower were trading in the secondary market
around 75.2 cents-on-the-dollar during the week ended Friday, March
3, 2023, according to Bloomberg's Evaluated Pricing service data.

The $2.80 billion facility is a Term loan that is scheduled to
mature on May 30, 2026.  About $37.3 million of the loan is
withdrawn and outstanding.

Travelport Finance Luxembourg Sarl operates as a subsidiary of
Travelport Holdings Ltd.  The Company's country of domicile is
Luxembourg.


VENATOR FINANCE: $375M Bank Debt Trades at 35% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Venator Finance
Sarl is a borrower were trading in the secondary market around 64.6
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $375 million facility is a Term loan that is scheduled to
mature on August 8, 2024.  About $352.2 million of the loan is
withdrawn and outstanding.

Venator Finance SARL is a provider of financial investment
services. The Company was founded in June 2017 and is located in
Luxembourg.




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

LEALAND FINANCE: $500M Bank Debt Trades at 36% Discount
-------------------------------------------------------
Participations in a syndicated loan under which Lealand Finance Co
BV is a borrower were trading in the secondary market around 64.1
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $500 million facility is a Term loan that is scheduled to
mature on June 30, 2025.  The amount is fully drawn and
outstanding.

Lealand Finance is an affiliate of CB&I Holdings B.V. and Chicago
Bridge & Iron Company B.V. The Company's country of domicile is the
Netherlands.




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

AUTOMATE INTERMEDIATE: Moody's Raises CFR to Ba3, Outlook Stable
----------------------------------------------------------------
Moody's Investors Service has upgraded Automate Intermediate
Holdings II S.a.r.l.'s ("AutoStore", or "the company") corporate
family rating to Ba3 from B1 and probability of default rating to
Ba3-PD from B1-PD. Concurrently, Moody's has upgraded to Ba3 from
B1 the instrument ratings of AutoStore's EUR440 million senior
secured term loan B due July 2026 and the $150 million senior
secured revolving credit facility due January 2026. The outlook on
all ratings has been changed to stable from positive.

RATINGS RATIONALE

The upgrade of AutoStore's CFR to Ba3 with stable outlook reflects
the company's continued very strong operating performance, with a
79% surge in revenue to $585 million and 60% growth in
Moody's-adjusted EBITDA to $208 million in the financial year ended
December 31, 2022, compared to the year 2021 in which AutoStore
achieved a similar growth. As a result credit metrics have reached
the guidance that Moody's had set for an upgrade, with the
Moody's-adjusted Debt/EBITDA down to 2.2x and Moody's-adjusted Free
Cash Flow increased to $46 million or 10% of adjusted debt. Moody's
positively notes that the improvement in credit metrics does not
only result from the exceptional performance over the past two
years, but also is a reflection of AutoStore's balanced financial
policy with focus on deleveraging and thus far no distributions to
shareholders.

In line with the company's 2023 guidance, Moody's forecasts
AutoStore's revenue and EBITDA growth to slow over the next two
years, mainly explained by the weak economic environment which
affects investment decisions of customers. Nevertheless, Moody's
expects the company to achieve good growth of around 20% p.a.
whilst maintaining its very good profitability levels and therefore
credit metrics to continue to strengthen gradually.

The rating action further reflects AutoStore's strong business
model that enables the very rapid expansion achieved in recent
years without substantial capital deployment and which is protected
by its proprietary technology. Through expansion into new
geographies and by adding additional end markets through new
solutions, AutoStore has further improved its revenue
diversification. An increase in the share of recurring revenue,
which currently accounts for just around 5% of total revenue, would
further strengthen the company's credit profile in Moody's view.

AutoStore's Ba3 CFR further reflects (1) the company's unique and
leading position in a rapidly growing segment of the warehousing
market, underpinned by strong partner relationships; (2) its solid
degree of diversification by geography and end-user; (3) the
scalability of the business backed by proven ability to grow
quickly at low cost; and (4) its balanced financial policy
following the IPO.

Conversely, the CFR is constrained by (1) the still moderate albeit
fast-growing size in terms of revenue which leaves the company more
vulnerable to economic downturns and potential shifts in the
distribution/ supply chain or technology than larger players; (2)
the one-off nature of its systems sales and as a result low
recurring sales; (3) execution risks as a result of the very rapid
growth; and (4) the dependence on its intellectual property (IP)
and risks arising from the ongoing litigation processes.

ESG CONSIDERATIONS

AutoStore's ratings factor in certain governance considerations
such as its ownership structure with SoftBank Group Corp. and
Thomas H. Lee Partners, L.P. as the largest shareholders, holding
approximately 38% and 33% of shares, respectively. AutoStore's
financial policy is balanced, includes a leverage target of below
2.0x Net Debt/EBITDA over the medium-term and does not currently
include any dividend payments.

RATING OUTLOOK

The stable outlook reflects Moody's expectation that AutoStore will
continue to achieve strong organic revenue growth whilst
maintaining a Moody's-adjusted EBITA margins at least at current
high levels. The outlook further assumes that the company will
further increase its Moody's-adjusted Free Cash Flow over the next
12-18 months and maintain a balanced financial policy.

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

Upward pressure on the rating could occur if AutoStore achieves a
substantial increase in its scale and a higher share of recurring
revenue, the major pending litigation cases get resolved without a
significantly negative outcome for the company, Moody's adjusted
Debt/EBITDA decreases sustainably and consistently below 2.0x,
Moody's-adjusted Free Cash Flow/Debt is sustained above 15%, and
liquidity remains good.

Downward pressure on the rating could develop if AutoStore fails to
achieve organic revenue growth, the order book substantially
decreases or profitability deteriorates, Moody's-adjusted
Debt/EBITDA increases towards 3.0x, Moody's-adjusted Free Cash
Flow/Debt sustainably decreases below 10% or liquidity weakens.

LIQUIDITY PROFILE

Moody's considers AutoStore's liquidity to be very good. It is
supported by $174.8 million cash on balance sheet as of December
31, 2022 and a fully undrawn $150 million revolving credit facility
(RCF) due in January 2026. The RCF is subject to springing net
leverage covenant set at 6.75x which is tested semi-annually when
it is drawn down for more 40%.

The liquidity is further supported by Moody's expectation of
meaningful free cash flow generation of over $100 million p.a. from
2023 onwards, supported by a strong cash conversion and lower
one-off cash cost.

STRUCTURAL CONSIDERATIONS

AutoStore's capital structure consists of a single layer of debt
and therefore the Ba3 instrument ratings of the senior secured term
loan B and RCF are aligned with the Ba3 CFR. AutoStore's debt
capital structure consists of EUR440 million outstanding under its
term loan facilities and the $150 million RCF both due 2026.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.

CORPORATE PROFILE

Founded in 1996 and headquartered in Nedre Vats, Norway, AutoStore
is a market-leading software and robotics company that provides
automation technology to warehouse and distribution facilities.
With around 1,150 installations in 49 countries, AutoStore is the
world's fastest-growing warehouse system. The company is listed on
the Euronext Oslo stock exchange with its largest shareholders
following the IPO being the investment firm SoftBank Group Corp.
and private equity firm Thomas H. Lee Partners, L.P.



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

TDA CAM 7: Fitch Hikes Rating on A2 Notes to 'BB+sf'
----------------------------------------------------
Fitch Ratings has upgraded nine tranches of five TDA CAM RMBS in
Spain and affirmed the rest. All Outlooks are Stable.

   Entity/Debt          Rating           Prior
   -----------          ------           -----
TDA CAM 6, FTA
  
   Class A3
   ES0377993029     LT AAAsf  Upgrade     A+sf

   Class B
   ES0377993037     LT BBB+sf Upgrade    BB+sf

TDA CAM 7, FTA

   Class A2
   ES0377994019     LT AAAsf  Upgrade     A+sf

   Class A3
   ES0377994027     LT AAAsf  Upgrade     A+sf

   Class B
   ES0377994035     LT BB+sf  Upgrade     BBsf

TDA CAM 8, FTA

   Class A
   ES0377966009     LT AAAsf  Upgrade     A+sf

   Class B
   ES0377966017     LT BB+sf  Affirmed   BB+sf

   Class C
   ES0377966025     LT BB+sf  Upgrade     BBsf

   Class D
   ES0377966033     LT CCsf   Affirmed    CCsf

TDA CAM 9, FTA

   Class A1
   ES0377955002     LT A+sf   Affirmed    A+sf

   Class A2
   ES0377955010     LT A+sf   Affirmed    A+sf

   Class A3
   ES0377955028     LT A+sf   Affirmed    A+sf

   Class B
   ES0377955036     LT BB+sf  Affirmed   BB+sf

   Class C
   ES0377955044     LT Bsf    Upgrade     CCsf

   Class D
   ES0377955051     LT CCsf   Affirmed    CCsf

TDA CAM 5, FTA

   Class A
   ES0377992005     LT AAAsf  Affirmed   AAAsf

   Class B
   ES0377992013     LT Asf    Upgrade     A-sf

TRANSACTION SUMMARY

The transaction comprises fully amortising Spanish residential
mortgages serviced by Banco de Sabadell S.A. (BBB-/Stable/F3).

KEY RATING DRIVERS

Iberian Recovery-Rate Assumptions Updated: In the update of its
European RMBS Rating Criteria released on 16 December 2022, Fitch
updated its recovery-rate assumptions for Spain to reflect smaller
house price declines and foreclosure sales adjustment, which have
had a positive impact on recovery rates and, consequently, Fitch's
expected loss in Spanish RMBS transactions. This is reflected in
the upgrades of TDA CAM 6 and 7 class B notes, and TDA CAM 8 and 9
class C notes.

Mild Weakening in Asset Performance: The rating actions reflect its
expectation of mild deterioration of asset performance, consistent
with a weaker macroeconomic outlook linked to inflationary
pressures that negatively affect real household wages and
disposable income. The transactions have a low share of loans in
arrears over 90 days (less than 0.5% as of January 2023) and are
protected by substantial seasoning of the portfolios (more than 15
years).

PIR Cap Removed for Some: Fitch now views payment interruption risk
(PIR) in TDA CAM 6, 7 and 8 as mitigated in the event of a servicer
disruption by a cash reserve fund (RF) that is sufficient to cover
stressed senior fees, net swap payments and senior notes interest
due amounts while an alternative servicer arrangement is being
implemented. Fitch expects the RF to remain sufficiently funded in
the medium term based on its expectations for the transaction's
performance. As a result, Fitch has removed the 'A+sf' cap on the
notes' rating in line with its Structured Finance and Covered Bonds
Counterparty Rating Criteria.

TDA CAM 9's PIR Remains: Fitch views TDA CAM 9 as being still
exposed to PIR in a servicer disruption as its RF has been volatile
in the past and it is only at 35% of its target amount. As cash
collections are transferred to the transaction account bank (TAB)
within two days and the collection account bank is an operational
continuity bank, the notes' maximum achievable ratings are
commensurate with the 'Asf' category, in line with Fitch's
Structured Finance and Covered Bonds Counterparty Rating Criteria.

Deferrals Cap Ratings at Non-IG: TDA CAM 7 class B and TDA CAM 8
and 9 class B and C interest payments are subordinated by a
non-reversible trigger breach relative to gross cumulative
defaults. Due to this subordination, interest payments are expected
to be deferred for a long period and paid only after full
redemption of the senior class A notes under their current ratings.
Due to the length of the interest deferral period, Fitch does not
view these notes as compatible with ratings in the investment-grade
category.

Counterparty Risk Caps Rating: The rating of TDA CAM 5 class B
notes, following its upgrade, is now capped at the TAB provider's,
Societe Generale, S.A., deposit ratings of 'A'/'F1' as the cash RF
represents the notes' only source of credit enhancement (CE). The
rating cap reflects excessive counterparty dependence on the TAB
holding the cash reserves in accordance with Fitch's Structure
Finance and Covered Bonds Counterparty Rating Criteria.

Mixed CE Trends: The rating actions reflect Fitch's view that the
notes are sufficiently protected by CE to absorb the projected
losses that are commensurate with their prevailing and higher
rating scenarios. For TDA CAM 5, 7 and 9, Fitch expects CE ratios
to continue increasing due to the sequential amortisation of the
notes.

For TDA CAM 6, we expect CE ratios to decline in the medium term,
if the RF is permitted to amortise to its absolute floor, subject
to certain performance-based triggers, before remaining broadly
stable as the notes amortise pro-rata, as is currently the case for
TDA CAM 8.

ESG Factor

TDA CAM 9 has an Environmental, Social and Governance (ESG)
Relevance Score of '5' for Transaction & Collateral Structure due
to PIR, which results in the ratings being at least one category
lower than they would otherwise be.

RATING SENSITIVITIES

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

- For the notes that are rated at 'AAAsf, a downgrade to Spain's
Long-Term Issuer Default Rating (IDR) that could decrease the
maximum achievable rating for Spanish structured finance
transactions

- For TDA CAM 5 class B notes, a downgrade of the TAB provider's
deposit rating as the notes rating is capped at the bank's ratings
due to excessive counterparty risk exposure

- Long-term asset performance deterioration such as increased
delinquencies or larger defaults, which could be driven by changes
to macroeconomic conditions, interest rate increases or borrower
behaviour

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

- Notes rated at 'AAAsf' are at the highest level on Fitch's rating
scale and cannot be upgraded

- For TDA CAM 9 class A notes, improved liquidity protection
against PIR

- For TDA CAM 7 class B, and TDA CAM 8 and 9 class B and C notes,
improved protection to limit the length of interest deferrals

- For all junior notes, stable to improved asset performance driven
by lower-than-expected delinquencies and defaults would lead to
increasing CE levels and, potentially, upgrades

DATA ADEQUACY

Fitch has checked the consistency and plausibility of the
information it has received about the performance of the asset
pools and the transactions. Fitch has not reviewed the results of
any third- party assessment of the asset portfolio information or
conducted a review of origination files as part of its ongoing
monitoring.

Fitch did not undertake a review of the information provided about
the underlying asset pools ahead of the transactions' initial
closing. The subsequent performance of the transactions over the
years is consistent with the agency's expectations given the
operating environment and Fitch is therefore satisfied that the
asset pool information relied upon for its initial rating analysis
was adequately reliable.

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.

PUBLIC RATINGS WITH CREDIT LINKAGE TO OTHER RATINGS

TDA CAM 5 class B notes are capped at the issuer account bank 's
deposit rating because the notes are exposed to excessive
counterparty risk.

ESG CONSIDERATIONS

TDA CAM 9 has an ESG Relevance Score of '5' for Transaction &
Collateral Structure due to payment interruption risk, which has a
negative impact on the credit profile, and is highly relevant to
the rating, resulting in a lower rating of at least one category

For TDA CAM 6, 7 and 8 Fitch has revised the ESG Relevance Score
for PIR to '3' from '5', reflecting that updated PIR analysis is no
longer a constraint on senior ratings.

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.




===========
S W E D E N
===========

FASTIGHETS AB: Moody's Assigns 'Ba1' CFR & Alters Outlook to Stable
-------------------------------------------------------------------
Moody's Investors Service has assigned a new long term corporate
family rating of Ba1 to Fastighets AB Balder (Balder) and
subsequently downgraded its senior unsecured bond ratings to Ba1
from Baa3 as well as its junior subordinated notes rating to Ba3
from Ba2. Balder is one of the largest real estate companies in the
Nordics. The outlook on all ratings has been changed to stable from
ratings under review.

Moody's has withdrawn Balder's long term issuer rating of Baa3
following its downgrade to Ba1, as per the rating agency's practice
for corporates with non-investment-grade ratings.

This rating action concludes the review initiated on October 18,
2022.

RATINGS RATIONALE

RATIONALE FOR RATING DOWNGRADE

The downgrade of Balder's ratings reflects Moody's expectation of
continued pressure on Balder's key credit metrics, in particular on
the group's fixed charge cover and loan to value leverage.
Continued high inflation and central banks response by rising rates
is increasing the cost of funding for Balder, considering that the
group has a material portion of its debt on floating rate terms.
Moody's hence forecast the group's EBITDA/interest coverage (as
defined by Moody's) to reduce to below 3x from approximately 3.5 x
(based on external interest expense) in December 2022 over the
coming quarters. Balder's stand-alone effective leverage at 53.2%
(consolidated including Sato at 51.1%) as of Q4 2022 is high at
this point in the cycle compared to the levels expected for its
previous Baa3 rating and also when compared to peers leaving little
room to withstand market value declines of its property portfolio.
Moody's do not expect Balder at this point to carry out any
meaningful deleveraging actions, such as large-scale disposals or
significant equity raises.

RATIONALE FOR THE STABLE OUTLOOK

Moody's acknowledge that Balder has recently taken several credit
positive measures to manage its liquidity profile. This includes
the issuance of a EUR480 million convertible bond maturing in 2028,
the issuance of SEK1.8 billion of equity to manage the EUR350
million hybrid call in March this year (of which EUR320 million
outstanding), as well as additional bank and bond refinancing
activity. As a result, Moody's believe the group's liquidity
profile is adequate, covering refinancing needs for more than 18
months now.

Moody's expects operating performance to remain solid in Q1 2023
and over the coming quarters with further net rental growth,
because of inflation linked rents in a material part of the
portfolio, or the ability to renegotiate rents. However, these
improvements will in Moody's view not be sufficient to offset
pressure from higher funding costs in 2023.

In this respect, Moody's also stress that the group's operating
performance can be impacted by lower dividend income from its high
share of investments in associated companies and joint ventures.
The long term value of these investments adds complexity and
uncertainty to Balder's financial profile, as well as potentially
the need for equity injections.

LIQUIDITY

Liquidity is adequate for the next 18 months. Balder has addressed
refinancing risk and used the proceeds of the SEK1.8 billion rights
to pay down 50% of the upcoming hybrid. It has also reverted to
secured borrowing and refinanced SEK5.0 billion in bonds and
obtained term loans and RCFs of SEK8.9 billion during Q4 2022 and
year to date. The maturities of new bank loans remain on the short
side at between 2.25 and 3.25 years. Balder also recently issued a
EUR480 million convertible bond with a coupon of 3.50%. The
convertible bond will not receive any equity credit per Moody´s
criteria but is still credit positive considering the longer
maturity of 5 years, its unsecured nature, and lower coupon
compared to standard senior unsecured debt.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE CONSIDERATIONS

Moody's assessment of the group's highly negative exposure to
governance risks (G-IPS 4), and their highly negative impact on
Balder's rating (CIS-4) remains unchanged. In this tight market
environment investors' focus on those risks could increase,
reducing Balder's access to market. Balder's complex group
structure can create transparency challenges around asset quality,
performance, and potential financial liabilities, as well as impact
the predictability of cash flows. The complex group structure is
reflected by sizeable investments and joint ventures which are in
part fully consolidated (giving rise to sizeable minority
interest), in part equity- consolidated. Moreover in some instances
these assets have no linkage with the real estate industry such as
the sizeable stake in Collector Bank, or the ownership of car
dealerships that are operated by Hedin Bil, a company that is
partly owned by the majority shareholder of Balder. In addition,
Moody's note the concentrated ownership and effective control by
the CEO and majority shareholder, and his key role in determining
the group's strategy and financial planning, including some
appetite for leverage.

RATING OUTLOOK

The stable outlook incorporates Moody's expectation that value and
earnings-based leverage metrics will hover between 50-55% and
around or below 14x. EBITDA/interest expense is expected reduce to
around 2.6-2.7x in the next 12-18 months. The stable outlook also
considers that occupier markets remain robust through 2023 with no
material pressure on like-for-like rents and occupancy.

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

A rating upgrade may occur if:

-- A rating upgrade is unlikely at this stage and will require a
track record of strong operating performance including decreasing
vacancy and continued and significant like-for-like rental growth
ahead of inflation-linked adjustments

-- In addition, an upgrade could result from Balder achieving and
sustaining leverage, as measured by total debt/gross assets of 45%
and a corresponding decline in debt/ EBITDA towards 10x.

-- Visibility that fixed charge cover remains well above 3.0x
considering longer term higher interest rates

-- Improved corporate governance through reducing the complex
organisation structure and focus on multiyear rental cashflow
rather than dividends

A rating downgrade may occur if:

-- A deterioration in operating performance or a sharp weakening
in property market fundamentals

-- Fixed charge coverage declines below 2.5x

-- Debt/Assets developing towards 55%

-- Risk of significant cash leakage or challenges around
predictability of cash flows are exacerbated by intra-group
transactions with joint ventures and associates, or with
transactions with other entities owned or controlled by the main
shareholder

LIST OF AFFECTED RATINGS

Downgrades:

Issuer: Fastighets AB Balder

Junior Subordinated Regular Bond/Debenture, Downgraded to Ba3 from
Ba2

Senior Unsecured Regular Bond/Debenture, Downgraded to Ba1 from
Baa3

Assignments:

Issuer: Fastighets AB Balder

LT Corporate Family Rating, Assigned Ba1

Withdrawals:

Issuer: Fastighets AB Balder

Issuer Rating, Withdrawn, previously rated Baa3

Outlook Actions:

Issuer: Fastighets AB Balder

Outlook, Changed To Stable From Rating Under Review

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was REITs and Other
Commercial Real Estate Firms published in September 2022.




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

CASTLEHOUSE CONSTRUCTION: Enters Administration, Owes GBP2.2MM
--------------------------------------------------------------
Grant Prior at Construction Enquirer reports that Yorkshire based
contractor Castlehouse Construction gone into administration.

According to Construction Enquirer, subcontractors have been
removing their materials from sites run by the contractor in the
last few days.

Latest accounts for Castlehouse for the year to March 31, 2022,
show a turnover of GBP23.5 million generating a pre-tax loss of
GBP158,000, Construction Enquirer relates.

The company employed 32 staff and owed GBP2.2 million to trade
creditors, Construction Enquirer discloses.


COX & COX: Sold in Pre-pack Administration Deal
-----------------------------------------------
Isabella Fish at The Times reports that Cox & Cox, the online
homewares retailer, has been sold in a pre-pack administration deal
to Giomani Designs Limited, a furniture and home furnishings
manufacturer based in Birmingham.

According to The Times, Ian Defty and Bai Cham, of the insolvency
firm Begbies Traynor, were appointed on Feb. 27 as joint
administrators to the Somerset-based company, which sells premium
indoor and outdoor home furnishings and lighting.

The administrators said they were able to secure the transfer of 65
Cox & Cox employees via the sale, The Times relates.

Cox & Cox launched in 2001 after its founder, Fiona Cox, found
herself inundated with inquiries for a wall decoration she had made
as a stylist and presenter on the BBC’s home makeover series Home
Front.


L1R HB FINANCE: EUR415.5M Bank Debt Trades at 24% Discount
----------------------------------------------------------
Participations in a syndicated loan under which L1R HB Finance Ltd
is a borrower were trading in the secondary market around 75.6
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR415.5 million facility is a Term loan that is scheduled to
mature on August 31, 2024.  The amount is fully drawn and
outstanding.

L1R HB Finance Limited was formed by LetterOne, a privately owned
investment vehicle set up by five Russian investors to acquire
U.K.-based Holland & Barrett Retail Limited, a health and well
being retailer specialist. L1R HB Finance is domiciled in Jersey.


METAMORPH GROUP: Dozens of Unpaid Former Staff Still Await Payout
-----------------------------------------------------------------
John Hyde at The Law Society Gazette reports that dozens of unpaid
former staff at a Metamorph Group firm continue to wait for their
money amid the fallout from the consolidator's implosion.

Meanwhile, staff at another firm collectively owed more than
GBP190,000 are in line to receive nothing, The Law Society Gazette
discloses.

The Gazette understands that former employers of Bedfordshire firm
Knowles Benning -- one of several firms shut down by the Solicitors
Regulation Authority either side of Christmas -- are exploring all
options for recovering the monies owed to them.

Despite the firm being intervened in by the SRA more than two
months ago, the owners have not been able to formally liquidate the
business, meaning it is extremely difficult for employees to claim
redundancy, The Law Society Gazette states.  Instead, it is
understood that most staff have begun the process of reclaiming
money through the employment tribunals process, whilst some are
trying to fund the winding up of Knowles Benning through the
courts, The Law Society Gazette notes.

The number of people with the firm when it closed is unclear,
partly because the business absorbed much of the work in progress
and transferred staff from other firms in the Metamorph Group late
last year, The Law Society Gazette states.

One former employee told the Gazette that everyone made redundant
by Metamorph in December is still owed salary from November and
December, as well as redundancy payments, notice payments and
pension contributions.

Meanwhile, another Metamorph business, Buckinghamshire firm Browns
Solicitors, has been placed into liquidation, The Law Society
Gazette relates.  Documents filed with Companies House state that
London firm Macintyre Hudson LLP was appointed as liquidator at the
start of this month, meaning staff with Browns can in theory go
about claiming redundancy money, The Law Society Gazette
discloses.

But a statement of affairs, signed off by the sole remaining
director Simon Goldhill and prepared ahead of the liquidation, show
that nothing may be available to the 17 employees, The Law Society
Gazette relates.

According to the statement, the total assets available to cover
GBP15,438 owed to preferential creditors (comprising employee
arrears and holiday pay) is estimated at "nil".  The shortfall for
unsecured non-preferential creditors is likely to be around
GBP307,000, according to The Law Society Gazette.  This includes
GBP131,000 that will not be paid to trade and expense creditors and
GBP176,000 that is due to the same 17 employees who are also listed
in this category, The Law Society Gazette states.

Browns was yet to publish accounts that had been due by June 30,
2022, when it was shut down, The Law Society Gazette states.  The
most recent accounts, for the year ended December 31, 2019, show
the firm had net assets of GBP587,000 including GBP531,000 in cash,
The Law Society Gazette relates.  The firm had employed 37 at the
time, The Law Society Gazette notes.


PHS BUYER: Midcap Financial Marks $2M Loan at 40% Off
-----------------------------------------------------
Midcap Financial Investment Corporation has marked its $2,000,000
loan extended to PHS Buyer, Inc. to market at $1,197,000 or 60% of
the outstanding amount, as of December 31, 2022, according to a
disclosure contained in Midcap Financial's Form 10-K for the
transition period from April 1, 2022 to December 31, 2022, filed
with the Securities and Exchange Commission on February 21, 2023.

Midcap Financial is a participant in a First Lien Secured Debt -
Revolver to PHS Buyer, Inc. The loan accrues interest at a rate of
1% (L+600) per annum. The loan matures on January 31, 2027.

Midcap Financial is a Maryland corporation incorporated on February
2, 2004.  It is a closed-end, externally managed, non-diversified
management investment company that has elected to be treated as a
business development company under the Investment Company Act of
1940. Apollo Investment Management, L.P. is the investment adviser
and an affiliate of Apollo Global Management, Inc. and its
consolidated subsidiaries (AGM). Apollo Investment Administration,
LLC, an affiliate of AGM, provides, among other things,
administrative services and facilities for the Company.

PHS is a hygiene services provider in the U.K., Ireland and Spain,
offering washroom, healthcare and floor care solutions.

PRAESIDIAD LTD: $35M Bank Debt Trades at 39% Discount
-----------------------------------------------------
Participations in a syndicated loan under which Praesidiad Ltd is a
borrower were trading in the secondary market around 61.4
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The $35.9 million facility is a Term loan that is scheduled to
mature on October 4, 2024.  The amount is fully drawn and
outstanding.

Praesidiad Limited provides security products and solutions. The
Company offers force protection solutions, perimeter security
systems, industrial mesh, and fencing products that defend and
protect military, commercial, and domestic end-users.  The
Company's country of domicile is the United Kingdom.


PRAESIDIAD LTD: EUR290M Bank Debt Trades at 38% Discount
--------------------------------------------------------
Participations in a syndicated loan under which Praesidiad Ltd is a
borrower were trading in the secondary market around 62.4
cents-on-the-dollar during the week ended Friday, March 3, 2023,
according to Bloomberg's Evaluated Pricing service data.

The EUR290 million facility is a Term loan that is scheduled to
mature on October 4, 2024.  The amount is fully drawn and
outstanding.

Praesidiad Limited provides security products and solutions. The
Company offers force protection solutions, perimeter security
systems, industrial mesh, and fencing products that defend and
protect military, commercial, and domestic end-users.  The
Company's country of domicile is the United Kingdom.


REAL LANCASHIRE: Former Worker Awarded Payment for Unpaid Wages
---------------------------------------------------------------
Amy Fenton at LancsLive reports that a former employee of a pie
manufacturer in Darwen has been awarded a payment after taking his
ex-employer to a tribunal.

The employee, who worked for The Real Lancashire Pie Company Ltd
based in Railway Road, submitted a claim to an employment tribunal
after his bosses failed to pay him for 60 hours worked last
February, LancsLive relates.  According to LancsLive, an employment
tribunal ruling published this month reveals that bosses of the
firm have failed to respond to the claim and the employment judge
has ruled the company must pay him GBP690 which will earn interest
if it is not paid within 14 days.

However, the disgruntled ex-employee might struggle to recoup any
of the unpaid wages as documents filed with Companies House show
that The Real Lancashire Pie Company Ltd went into liquidation in
December, LancsLive relays.  At the time company accounts show it
owed a total of GBP342,973.05 to suppliers and in unpaid taxes,
LancsLive notes.

Documents filed by the appointed liquidator reveal that the firm's
assets amount to just GBP4,890, LancsLive discloses.

The GBP342,973.05 owed by the company includes GBP15,000 to
American Express, GBP14,000 to Preston-based Bako (NW), GBP39,000
to Darwen-based Blue Star Foods, GBP130,000 to HMRC and GBP1,800 to
Smiths Tool Hire in Blackpool, LancsLive states.

Any assets of a company in liquidation will first go to paying
preferential creditors, which includes employees, so the employment
tribunal award could still be paid. Preferential creditors are
prioritised before unsecured creditors in liquidation but below
creditors with a fixed charge on assets such as property which is
mortgaged through a lender, LancsLive notes.


TOLENT: Local Council Says School Building Work Nearly Completed
----------------------------------------------------------------
Stuart Arnold at TeesideLive reports that assurances have been
given by a local council over a school building project after the
main contractor went into administration.

Construction firm Tolent was involved in a GBP2.7 million scheme to
extend Kirkleatham Hall School, a special school on the outskirts
of Redcar, TeesideLive discloses.  Earlier this month, more than
300 people were made redundant by joint administrators overseeing
the company, which has offices in Thornaby, Team Valley and Shotton
Colliery, County Durham, who described "severe headwinds" plunging
it into financial difficulties, TeesideLive relates.

Another firm, Sunderland-based Brims Construction has since stepped
in with a rescue package in a bid to save the posts of 150 staff,
TeesideLive discloses.  It said it was re-employing Tolent’s
previous Teesside-based management team and working with former
Tolent chairman and founder John Wood to restart work at some
sites, TeesideLive notes.

According to TeesideLive, a spokesman for Redcar and Cleveland
Council, which along with the Department for Education is funding
the majority of the costs, said the main construction work at the
school had nearly been completed.  He said: "We are confident that
the final works will be completed shortly.

"The council is working with relevant parties to ensure this is
concluded swiftly and with minimal extra disruption to pupils in
the coming weeks, despite Tolent Construction going into
administration.  The council will continue a dialogue with all
parties involved, including administrators."




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

[*] BOND PRICING: For the Week February 27 to March 3, 2023
-----------------------------------------------------------
Issuer             Coupon  Maturity Currency Price
------             ------  -------- -------  -----
Gol Finance SA      7.000   1/31/2025   USD   45.794
Atento Luxco 1 SA   8.000   2/10/2026   USD   37.092
Gol Finance SA      8.000   6/30/2026   USD   44.089
Castellum AB        3.125               EUR   73.472
CECONOMY AG         1.750   6/24/2026   EUR   71.877
Vedanta Resources Lt6.125   8/9/2024    USD   68.133
Movida Europe SA    5.250   2/8/2031    USD   65.237
Mitsubishi UFJ Inves7.193   12/15/2050  EUR   48.056
Financiere Immobilie6.000   1/30/2025   EUR   9.637
Vedanta Resources Fi8.950   3/11/2025   USD   68.934
Simpar Europe SA    5.200   1/26/2031   USD   66.748
Cimpress PLC        7.000   6/15/2026   USD   74.663
Credit Suisse Group 7.250               USD   74.136
Coruripe Netherlands10.000  2/10/2027   USD   69.683
Kleopatra Holdings 26.500   9/1/2026    EUR   58.257
B2W Digital Lux Sarl4.375   12/20/2030  USD   18.000
Tullow Oil PLC      7.000   3/1/2025    USD   63.639
Orpea SA            2.625   3/10/2025   EUR   26.788
United Kingdom Gilt 0.625   7/31/2035   GBP   67.438
MARB BondCo PLC     3.950   1/29/2031   USD   71.360
Republic of Belarus 6.875   2/28/2023   USD   37.828
GOL Equity Finance S3.750   7/15/2024   USD   53.875
Credit Suisse Group 6.375               USD   72.200
Russian Railways Via2.100   10/2/2023   CHF   62.494
JSM Global Sarl     4.750   10/20/2030  USD   18.500
Credit Suisse Group 4.500               USD   58.490
Casino Guichard Perr3.992               EUR   17.290
Heimstaden AB       6.750               EUR   52.847
Accentro Real Estate5.625   2/13/2026   EUR   59.014
United Kingdom Gilt 0.875   7/31/2033   GBP   74.568
Casino Guichard Perr6.625   1/15/2026   EUR   57.225
Gazprom PJSC via Gaz3.897               EUR   52.376
Citycon Oyj         4.496               EUR   60.435
Vedanta Resources Fi9.250   4/23/2026   USD   66.928
Intesa Sanpaolo SpA 1.350   2/24/2031   EUR   73.838
Orpea SA            2.000   4/1/2028    EUR   26.973
Casino Guichard Perr3.637               EUR   15.925
Metalcorp Group SA  8.500   6/28/2026   EUR   28.346
Credit Suisse Group 5.250               USD   69.340
Credit Suisse Group 0.625   1/18/2033   EUR   57.071
AT Securities BV    5.250               USD   57.000
Teva Pharmaceutical 4.100   10/1/2046   USD   66.618
Air Baltic Corp AS  6.750   7/30/2024   EUR   72.329
Eurovita Assicurazio6.000   12/22/2025  EUR   69.715
Credit Suisse Group 5.100               USD   62.415
Trinseo Materials Op5.125   4/1/2029    USD   68.303
EnfraGen Energia Sur5.375   12/30/2030  USD   66.715
Casino Guichard Perr5.250   4/15/2027   EUR   55.026
Schoeller Packaging 6.375   11/1/2024   EUR   71.297
Heimstaden Bostad AB3.625               EUR   62.575
Aragvi Finance Inter8.450   4/29/2026   USD   72.330
Dignity Finance PLC 4.696   12/31/2049  GBP   62.615
ING Groep NV        4.250               USD   70.675
Romanian Government 4.625   4/3/2049    EUR   72.589
Italy Buoni Polienna2.150   3/1/2072    EUR   56.895
Gazprom PJSC Via Gaz2.949   1/24/2024   EUR   75.000
MHP SE              7.750   5/10/2024   USD   52.488
Korian SA           1.875               EUR   29.100
Castellum Helsinki F0.875   9/17/2029   EUR   70.542
ADLER Group SA      2.250   1/14/2029   EUR   40.389
Gazprom PJSC via Gaz2.950   1/27/2029   USD   64.250
Allianz SE          3.875               USD   69.563
Heimstaden AB       4.375   3/6/2027    EUR   71.882
Ubisoft Entertainmen0.878   11/24/2027  EUR   74.965
Air France-KLM      0.125   3/25/2026   EUR   16.946
Fnac Darty SA       0.250   3/23/2027   EUR   69.054
Romanian Government 4.125   3/11/2039   EUR   71.749
Gazprom PJSC via Gaz1.500   2/17/2027   EUR   66.827
Hidrovias Internatio4.950   2/8/2031    USD   70.306
Korian SA           2.250   10/15/2028  EUR   68.701
Heimstaden Bostad AB2.625               EUR   62.622
Korian SA           0.875   3/6/2027    EUR   42.916
Union Fenosa Prefere3.852               EUR   72.083
Ukraine Government I6.750   6/20/2028   EUR   16.173
Credit Suisse AG/Lon0.250   9/1/2028    EUR   73.442
Fastighets AB Balder1.250   1/28/2028   EUR   74.172
Carnival PLC        1.000   10/28/2029  EUR   49.398
Gazprom PJSC Via Gaz2.250   11/22/2024  EUR   75.527
CPI Property Group S4.875               EUR   48.139
Casino Guichard Perr4.048   8/5/2026    EUR   55.029
Gazprom PJSC Via Gaz4.364   3/21/2025   EUR   74.500
DIC Asset AG        2.250   9/22/2026   EUR   67.652
Orpea SA            0.375   5/17/2027   EUR   39.441
Eustream AS         1.625   6/25/2027   EUR   71.202
Aroundtown SA       2.125               EUR   38.994
Atos SE             1.000   11/12/2029  EUR   68.537
Credit Suisse Group 2.875   4/2/2032    EUR   72.293
La Banque Postale SA3.000               EUR   70.617
Gazprom PJSC via Gaz4.599               USD   60.000
Audax Renovables SA 4.200   12/18/2027  EUR   60.226
NatWest Group PLC   4.600               USD   73.125
Signa Development Fi5.500   7/23/2026   EUR   68.750
TenneT Holding BV   0.875   6/16/2035   EUR   73.100
Delivery Hero SE    2.125   3/10/2029   EUR   64.295
United Kingdom Gilt 1.500   7/31/2053   GBP   54.246
Mime Petroleum AS   10.250  11/10/2026  USD   66.902
Rothschild & Co Cont4.438               USD   65.155
Samhallsbyggnadsbola2.624               EUR   41.948
Casino Guichard Perr3.580   2/7/2025    EUR   64.541
Gazprom PJSC Via Gaz4.950   2/6/2028    USD   75.250
Gazprom PJSC Via Gaz4.250   4/6/2024    GBP   70.404
Russian Railways Via2.200   5/23/2027   EUR   55.697
ATF Netherlands BV  7.078               EUR   55.876
Banco Santander SA  3.625               EUR   70.455
Nobel Bidco BV      3.125   6/15/2028   EUR   69.890
Frigoglass Finance B6.875   2/12/2025   EUR   27.006
VTR Finance NV      6.375   7/15/2028   USD   42.891
Samhallsbyggnadsbola2.875               EUR   41.775
DEMIRE Deutsche Mitt1.875   10/15/2024  EUR   74.194
Balder Finland Oyj  1.000   1/20/2029   EUR   69.118
NAK Naftogaz Ukraine7.625   11/8/2026   USD   19.345
Mahle GmbH          2.375   5/14/2028   EUR   73.244
Haya Holdco 2 PLC   11.698  11/30/2025  EUR   38.681
Allianz SE          3.200               USD   74.860
HSE Finance Sarl    5.625   10/15/2026  EUR   51.333
Petrobras Global Fin5.500   6/10/2051   USD   74.613
CTP NV              1.500   9/27/2031   EUR   69.109
Russian Railways Via0.898   10/3/2025   CHF   50.138
Accor SA            0.700   12/7/2027   EUR   44.851
Heimstaden AB       8.718               SEK   71.093
Gazprom PJSC via Gaz3.250   2/25/2030   USD   72.000
Grand City Propertie1.500               EUR   47.533
Kenbourne Invest SA 4.700   1/22/2028   USD   67.560
Raiffeisen Bank Inte4.500               EUR   70.758
Vodafone Group PLC  5.125   6/4/2081    USD   75.630
ams-OSRAM AG        2.125   11/3/2027   EUR   71.415
Aroundtown SA       1.625               EUR   37.890
AI Candelaria Spain 5.750   6/15/2033   USD   70.714
Ukreximbank Via Biz 9.750   1/22/2025   USD   39.075
Heimstaden Bostad Tr0.750   9/6/2029    EUR   69.344
Altice France Holdin6.000   2/15/2028   USD   69.855
La Financiere Atalia5.125   5/15/2025   EUR   68.083
Foodco Bondco SA    6.250   5/15/2026   EUR   40.026
MHP Lux SA          6.950   4/3/2026    USD   49.496
Grupo Antolin-Irausa3.500   4/30/2028   EUR   73.833
Liquid Telecommunica5.500   9/4/2026    USD   69.699
Samhallsbyggnadsbola1.000   8/12/2027   EUR   70.488
Gazprom PJSC via Gaz3.000   6/29/2027   USD   69.603
Romanian Government 1.750   7/13/2030   EUR   71.780
BAT International Fi2.250   9/9/2052    GBP   38.342
Credit Bank of Mosco3.100   1/21/2026   EUR   24.228
VIC Properties SA   3.000   5/28/2025   EUR   60.000
Allianz SE          2.625               EUR   70.205
Hacienda Investments5.075   2/15/2023   USD   49.161
Balder Finland Oyj  2.000   1/18/2031   EUR   67.782
Laboratoire Eimer Se5.000   2/1/2029    EUR   72.457
Ukraine Railways Via8.250   7/9/2026    USD   20.375
Intermediate Capital2.500   1/28/2030   EUR   70.237
Republic of Italy Go3.875   5/6/2051    USD   69.580
Gol Finance SA      8.000   6/30/2026   USD   43.924
Citycon Oyj         3.625               EUR   52.796
Delivery Hero SE    1.500   1/15/2028   EUR   67.023
Rothschild & Co Cont3.110               EUR   68.783
Aroundtown SA       0.375   4/15/2027   EUR   72.752
Aegon NV            0.496               NLG   67.472
Metro Bank PLC      5.500   6/26/2028   GBP   69.501
VEON Holdings BV    3.375   11/25/2027  USD   72.250
Gol Finance SA      7.000   1/31/2025   USD   45.645
Tinkoff Bank JSC Via6.000               USD   41.669
Romanian Government 2.000   1/28/2032   EUR   68.911
CPI Property Group S1.500   1/27/2031   EUR   58.339
United Kingdom Gilt 0.875   1/31/2046   GBP   51.020
Hungary Government I3.125   9/21/2051   USD   59.865
Arrival SA          3.500   12/1/2026   USD   31.875
SBB Treasury Oyj    0.750   12/14/2028  EUR   61.675
NE Property BV      2.000   1/20/2030   EUR   71.897
Atento Luxco 1 SA   8.000   2/10/2026   USD   37.108
Croatia Government I1.750   3/4/2041    EUR   66.946
State of North Rhine1.750   7/11/2068   EUR   61.930
EDP - Energias de Po1.875   3/14/2082   EUR   73.786
Idorsia Ltd         2.125   8/4/2028    CHF   69.812
Ideal Standard Inter6.375   7/30/2026   EUR   55.650
Direct Line Insuranc4.750               GBP   74.620
Ukraine Government I7.750   9/1/2024    USD   22.756
Serbia International2.050   9/23/2036   EUR   58.582
GOL Equity Finance S3.750   7/15/2024   USD   53.750
Allianz SE          2.600               EUR   67.031
Vonovia SE          1.625   9/1/2051    EUR   47.422
Constellation Automo4.875   7/15/2027   GBP   72.166
Novolipetsk Steel Vi1.450   6/2/2026    EUR   68.525
Romanian Government 2.625   12/2/2040   EUR   56.115
Abengoa Abenewco 2 S1.500   10/26/2024  EUR   0.084
Nostrum Oil & Gas Fi7.000   2/16/2025   USD   25.219
Aroundtown SA       1.450   7/9/2028    EUR   68.237
Hungary Government I1.750   6/5/2035    EUR   67.230
State of North Rhine1.950   9/26/2078   EUR   65.253
Cellnex Finance Co S2.000   2/15/2033   EUR   75.158
Endo Luxembourg Fina6.125   4/1/2029    USD   76.250
Compact Bidco BV    5.750   5/1/2026    EUR   74.766
Italy Buoni Polienna1.800   3/1/2041    EUR   66.078
Standard Profil Auto6.250   4/30/2026   EUR   61.462
Russian Railways Via0.840   3/12/2026   CHF   49.941
Nexity SA           0.250   3/2/2025    EUR   58.822
Heimstaden Bostad AB3.375               EUR   64.164
Ukraine Government I7.750   9/1/2027    USD   17.700
EP Infrastructure AS1.816   3/2/2031    EUR   64.190
Canary Wharf Group I3.375   4/23/2028   GBP   74.134
Romanian Government 2.124   7/16/2031   EUR   71.044
Hellenic Republic Go1.875   1/24/2052   EUR   57.630
CaixaBank SA        3.625               EUR   72.132
Aroundtown SA       4.750               GBP   50.998
Aroundtown SA       2.875               EUR   46.016
Enel SpA            1.875               EUR   71.314
Raiffeisen Bank Inte1.375   6/17/2033   EUR   72.713
Heimstaden Bostad Tr1.625   10/13/2031  EUR   67.830
Rothesay Life PLC   5.000               GBP   70.607
Kernel Holding SA   6.500   10/17/2024  USD   48.706
Samhallsbyggnadsbola2.625               EUR   41.569
Wirecard AG         0.500   9/11/2024   EUR   14.189
Serbia International1.500   6/26/2029   EUR   74.405
Ageas SA/NV         3.875               EUR   74.169
Nykredit Realkredit 1.000   10/1/2050   DKK   71.392
Atrium Finance PLC  2.625   9/5/2027    EUR   73.865
Intesa Sanpaolo SpA 4.198   6/1/2032    USD   75.197
Mithra Pharmaceutica4.250   12/17/2025  EUR   60.612
Romanian Government 2.000   4/14/2033   EUR   66.128
CPI Property Group S1.750   1/14/2030   EUR   63.958
BPCE SA             2.125   10/13/2046  EUR   70.970
Slovakia Government 0.375   4/21/2036   EUR   63.325
Nostrum Oil & Gas Fi8.000   7/25/2022   USD   25.958
Rallye SA           4.000   2/28/2032   EUR   3.616
Shell International 3.000   11/26/2051  USD   69.660
Credit Suisse Group 0.650   9/10/2029   EUR   66.793
Credit Suisse Group 4.875   5/15/2045   USD   81.270
Tinkoff Bank JSC Via11.002              USD   38.000
Ukraine Government I4.375   1/27/2032   EUR   16.573
NGD Holdings BV     6.750   12/31/2026  USD   59.621
Pro-Gest SpA        3.250   12/15/2024  EUR   74.525
Moby SpA            7.750   2/15/2023   EUR   58.583
Credit Suisse Group 7.250               USD   73.750
Mallinckrodt Interna10.000  6/15/2029   USD   62.206
Herens Midco Sarl   5.250   5/15/2029   EUR   69.000
Voltalia SA         1.000   1/13/2025   EUR   28.792
ADLER Group SA      1.500   7/26/2024   EUR   69.980
TotalEnergies SE    2.125               EUR   72.023
Holcim Finance Luxem0.500   4/23/2031   EUR   72.380
Russian Railways Via3.125               CHF   12.000
Prosus NV           4.987   1/19/2052   USD   71.519
NAK Naftogaz Ukraine7.125   7/19/2024   EUR   20.079
Hacienda Investments5.350   2/8/2028    USD   49.980
Gazprom PJSC via Gaz2.950   4/15/2025   EUR   72.132
Aroundtown SA       3.375               EUR   53.944
Ukraine Government I9.750   11/1/2030   USD   18.523
CPI Property Group S4.875               EUR   49.495
Credit Suisse Group 3.091   5/14/2032   USD   70.471
Deutsche Bank AG    1.375   2/17/2032   EUR   73.967
Gazprom PJSC via Gaz1.540   6/30/2027   CHF   62.508
Turkey Government In6.000   1/14/2041   USD   71.738
Enel Finance Interna0.875   6/17/2036   EUR   62.381
Prologis Internation0.750   3/23/2033   EUR   67.008
Bulgaria Government 0.375   9/23/2030   EUR   73.692
VF Ukraine PAT via V6.200   2/11/2025   USD   58.509
MorphoSys AG        0.625   10/16/2025  EUR   57.805
Fresenius Finance Ir0.875   10/1/2031   EUR   71.516
DDM Debt AB         9.000   4/19/2026   EUR   61.934
Russian Foreign Bond7.500   3/31/2030   USD   65.210
Serbia International2.125   12/1/2030   USD   73.519
Republic of Italy Go4.000   10/17/2049  USD   73.077
Fresenius SE & Co KG1.125   1/28/2033   EUR   70.353
Intesa Sanpaolo SpA 4.950   6/1/2042    USD   68.190
Siemens Financiering1.750   2/28/2039   EUR   74.960
UniCredit SpA       0.850   1/19/2031   EUR   73.374
Solocal Group       9.046   3/15/2025   EUR   67.850
Slovenia Government 0.688   3/3/2081    EUR   37.365
JAB Holdings BV     4.500   4/8/2052    USD   73.686
Lukoil Securities BV3.875   5/6/2030    USD   68.750
TotalEnergies SE    3.250               EUR   73.940
VGP NV              2.250   1/17/2030   EUR   70.657
gategroup Finance Lu3.000   2/28/2027   CHF   66.866
CCC SA              11.670  6/29/2026   PLN   75.785
Kingdom of Belgium G2.250   6/22/2057   EUR   74.733
Hungary Government B3.000   10/27/2038  HUF   53.747
Prosus NV           2.031   8/3/2032    EUR   70.888
Berkeley Group PLC/T2.500   8/11/2031   GBP   70.399
Czech Republic Gover1.500   4/24/2040   CZK   58.909
Rallye SA           4.371   2/28/2032   EUR   3.665
Republic of Austria 1.500   2/20/2047   EUR   70.250
Russian Foreign Bond5.625   4/4/2042    USD   63.504
EP Infrastructure AS2.045   10/9/2028   EUR   73.438
Romania Government B4.250   4/28/2036   RON   70.478
Orsted AS           1.500   2/18/3021   EUR   73.271
Prosus NV           3.832   2/8/2051    USD   60.456
PB International BV 7.625   12/31/2025  USD   40.000
Swan Housing Capital3.625   3/5/2048    GBP   74.357
Vonovia SE          0.750   9/1/2032    EUR   66.496
Eurofins Scientific 0.875   5/19/2031   EUR   73.196
Enel Finance Interna0.875   9/28/2034   EUR   66.010
R-Logitech Finance S10.250  9/26/2027   EUR   57.000
Kojamo Oyj          0.875   5/28/2029   EUR   74.440
Hungary Government B2.250   4/20/2033   HUF   58.046
Dtek Renewables Fina8.500   11/12/2024  EUR   39.954
Intesa Sanpaolo SpA 4.125               EUR   74.546
Republic of Belarus 7.625   6/29/2027   USD   41.417
Novo Banco SA/Luxemb3.500   1/23/2043   EUR   73.631
Aroundtown SA       1.625   1/31/2028   EUR   71.985
Serbia International1.650   3/3/2033    EUR   64.094
Development Bank of 6.750   5/2/2024    USD   39.500
Abengoa Abenewco 2 S1.500   10/26/2024  EUR   1.532
UNIQA Insurance Grou2.375   12/9/2041   EUR   70.784
Gazprom PJSC via Gaz3.500   7/14/2031   USD   65.000
Slovakia Government 1.000   10/13/2051  EUR   48.272
Ukraine Government B15.840  2/26/2025   UAH   68.986
Ukraine Government I6.876   5/21/2031   USD   16.785
STERIS Irish FinCo U3.750   3/15/2051   USD   72.367
Royalty Pharma PLC  3.550   9/2/2050    USD   65.540
Bank Gospodarstwa Kr0.500   7/8/2031    EUR   69.655
Credit Bank of Mosco5.550   2/14/2023   USD   21.958
SPP-Distribucia AS  1.000   6/9/2031    EUR   64.563
NIBC Bank NV        1.315               EUR   73.769
Gazprom PJSC via Gaz1.850   11/17/2028  EUR   59.690
TenneT Holding BV   1.500   6/3/2039    EUR   73.008
University of Oxford2.544   12/8/2117   GBP   51.640
Simon International 1.125   3/19/2033   EUR   69.530
TenneT Holding BV   0.500   11/30/2040  EUR   59.441
Telia Co AB         0.125   11/27/2030  EUR   74.800
Sweden Government Bo0.500   11/24/2045  SEK   62.625
SBB Treasury Oyj    1.125   11/26/2029  EUR   60.551
Republic of Belarus 6.378   2/24/2031   USD   32.812
WM Morrison Supermar4.750   7/4/2029    GBP   62.631
ADLER Group SA      3.250   8/5/2025    EUR   44.500
Ukraine Railways Via7.875   7/15/2028   USD   19.246
Credit Bank of Mosco7.500   10/5/2027   USD   20.563
TenneT Holding BV   1.125   6/9/2041    EUR   66.102
ADLER Group SA      2.750   11/13/2026  EUR   43.193
Ukraine Government I7.750   9/1/2026    USD   18.000
Yorkshire Water Fina1.750   10/27/2032  GBP   72.866
Flamingo Lux II SCA 5.000   3/31/2029   EUR   73.260
Romanian Government 3.375   2/8/2038    EUR   67.894
Romanian Government 1.375   12/2/2029   EUR   73.526
Republic of Belarus 5.875   2/24/2026   USD   42.975
Credit Bank of Mosco5.150   2/20/2024   EUR   27.993
Orpea SA            2.200   12/15/2024  EUR   26.423
Aggregate Holdings S6.875   11/9/2025   EUR   35.937
Evraz PLC           5.375   3/20/2023   USD   49.442
ADLER Group SA      1.875   1/14/2026   EUR   42.417
Czech Republic Gover1.200   3/13/2031   CZK   73.782
Credit Bank of Mosco3.875   9/21/2026   USD   30.480
Republic of Poland G4.000   4/25/2047   PLN   67.674
MRG Finance UK PLC  8.750   10/26/2023  EUR   45.489
Cellnex Finance Co S3.875   7/7/2041    USD   72.241
Vodafone Group PLC  3.000   8/12/2056   GBP   56.269
Phosagro OAO Via Pho2.600   9/16/2028   USD   61.682
Phosagro OAO Via Pho3.050   1/23/2025   USD   76.500
Diebold Nixdorf Dutc9.000   7/15/2025   EUR   67.000
Ocado Group PLC     0.750   1/18/2027   GBP   67.434
MHP Lux SA          6.250   9/19/2029   USD   47.745
Glencore Capital Fin1.250   3/1/2033    EUR   69.531
Bellis Finco PLC    4.000   2/16/2027   GBP   70.715
Russian Railways Via7.487   3/25/2031   GBP   55.006
Aedifica SA         0.750   9/9/2031    EUR   66.503
Russian Foreign Bond5.250   6/23/2047   USD   40.900
Koninklijke Luchtvaa0.750               CHF   21.100
TenneT Holding BV   0.125   11/30/2032  EUR   71.003
Digital Intrepid Hol1.375   7/18/2032   EUR   71.914
Electricite de Franc4.500   12/4/2069   USD   71.705
Verbund AG          0.900   4/1/2041    EUR   63.970
Shell International 3.250   4/6/2050    USD   73.497
Corestate Capital Ho3.500   4/15/2023   EUR   15.979
Sagax Euro Mtn NL BV1.000   5/17/2029   EUR   73.370
Econocom Group SA/NV0.500   3/6/2023    EUR   8.026
Royalty Pharma PLC  3.350   9/2/2051    USD   62.454
VGP NV              1.500   4/8/2029    EUR   70.342
Metinvest BV        8.500   4/23/2026   USD   54.750
Stellantis NV       1.250   6/20/2033   EUR   71.295
Imperial Brands Fina1.750   3/18/2033   EUR   69.834
Corestate Capital Ho1.375   11/28/2022  EUR   10.160
Russian Agricultural8.500   10/16/2023  USD   13.160
Desenio Group AB    8.034   12/16/2024  SEK   49.807
Sberbank of Russia V5.125   10/29/2022  USD   32.667
SCF Capital Designat5.375   6/16/2023   USD   20.278
Citycon Treasury BV 1.625   3/12/2028   EUR   74.579
United Kingdom Gilt 1.750   7/22/2057   GBP   57.205
Russian Railways Via4.375   3/1/2024    USD   55.740
Metinvest BV        5.625   6/17/2025   EUR   56.001
VTB Bank OJSC Via VT6.950   10/17/2022  USD   7.564
Prosus NV           2.778   1/19/2034   EUR   72.239
Amprion GmbH        0.625   9/23/2033   EUR   70.103
NAK Naftogaz Ukraine7.375   7/19/2022   USD   22.722
Hungary Government B3.250   10/22/2031  HUF   68.019
Muenchener Rueckvers1.000   5/26/2042   EUR   70.593
Mutuelle Assurance D2.125   6/21/2052   EUR   68.885
JT International Fin3.300   9/14/2051   USD   59.963
Altice France Holdin4.000   2/15/2028   EUR   68.250
Borets Finance DAC  6.000   9/17/2026   USD   42.913
HSE Finance Sarl    8.404   10/15/2026  EUR   53.889
Spain Government Bon1.000   7/30/2042   EUR   60.244
Metinvest BV        7.750   10/17/2029  USD   50.500
Proximus SADP       0.750   11/17/2036  EUR   65.497
Hellenic Bank PCL   10.000              EUR   71.184
Orange SA           0.500   9/4/2032    EUR   72.569
CPI Property Group S5.800               SGD   46.493
Hungary Government I0.500   11/18/2030  EUR   69.982
Bank Gospodarstwa Kr2.375   11/27/2040  PLN   50.684
Hungary Government B2.000   5/23/2029   HUF   67.921
CPI Property Group S3.750               EUR   43.952
ASTM SpA            2.375   11/25/2033  EUR   74.549
Mercedes-Benz Group 0.750   3/11/2033   EUR   73.739
Vnesheconombank Via 6.800   11/22/2025  USD   5.564
Grand City Propertie0.125   1/11/2028   EUR   74.560
ALROSA Finance SA   4.650   4/9/2024    USD   11.457
Nykredit Realkredit 1.500   10/1/2053   DKK   74.892
HOCHTIEF AG         1.250   9/3/2031    EUR   72.243
Heimstaden Bostad AB3.000               EUR   63.932
BP Capital Markets B1.467   9/21/2041   EUR   61.224
Akelius Residential 0.750   2/22/2030   EUR   71.633
CPI Property Group S2.750   1/22/2028   GBP   71.114
EnBW International F0.250   10/19/2030  EUR   74.924
Czech Republic Gover0.050   11/29/2029  CZK   70.737
United Kingdom Gilt 1.625   10/22/2054  GBP   55.799
Balder Finland Oyj  1.375   5/24/2030   EUR   66.626
Prosus NV           1.985   7/13/2033   EUR   68.232
Banque Federative du1.125   11/19/2031  EUR   71.542
Russian Foreign Bond4.250   6/23/2027   USD   41.854
DH Europe Finance II1.350   9/18/2039   EUR   65.788
Market Parent Finco 6.750   10/1/2029   GBP   61.139
NIBC Bank NV        2.850   2/21/2040   EUR   71.500
E.ON SE             0.600   10/1/2032   EUR   73.029
MMC Norilsk Nickel O2.550   9/11/2025   USD   73.514
Grand City Propertie2.500               EUR   57.595
Imerys SA           1.000   7/15/2031   EUR   70.966
Siemens Financiering0.500   9/5/2034    EUR   70.565
Becton Dickinson Eur1.336   8/13/2041   EUR   59.599
RWE AG              1.000   11/26/2033  EUR   71.016
CM.com NV           2.000   9/9/2026    EUR   64.194
Nykredit Realkredit 1.000   10/1/2053   DKK   70.567
Sanctuary Capital PL2.375   4/14/2050   GBP   57.393
Societe Generale SA 3.625   3/1/2041    USD   66.841
Blackstone Property 1.000   5/4/2028    EUR   72.854
State of North Rhine1.450   1/19/2122   EUR   46.950
VTB Bank PJSC Via VT9.500               USD   16.795
CTP NV              1.250   6/21/2029   EUR   73.556
Logicor Financing Sa2.000   1/17/2034   EUR   65.628
Barclays PLC        3.811   3/10/2042   USD   72.210
ICADE               0.625   1/18/2031   EUR   73.103
Russian Railways Via1.195   4/3/2028    CHF   46.707
BPCE SA             1.000   1/14/2032   EUR   74.860
Sberbank of Russia V5.250   5/23/2023   USD   32.842
Sibur Securities DAC4.125   10/5/2023   USD   62.597
Euronext NV         1.500   5/17/2041   EUR   64.054
Orpea SA            2.750   6/3/2033    EUR   26.937
Russian Foreign Bond4.750   5/27/2026   USD   43.608
Hungary Government B4.500   5/27/2032   HUF   73.647
Just Eat Takeaway.co0.625   2/9/2028    EUR   66.741
Orsted AS           2.500   2/18/3021   GBP   68.466
Kernel Holding SA   6.750   10/27/2027  USD   40.548
Credit Agricole Assu1.500   10/6/2031   EUR   74.490
Hungary Government B1.500   8/26/2026   HUF   74.562
Shell International 0.875   11/8/2039   EUR   59.051
TotalEnergies Capita3.127   5/29/2050   USD   72.454
UBS Group AG        3.179   2/11/2043   USD   72.068
Societe Generale SA 4.027   1/21/2043   USD   69.147
Ireland Government B1.500   5/15/2050   EUR   65.517
United Kingdom Gilt 2.500   7/22/2065   GBP   69.682
Nexity SA           0.875   4/19/2028   EUR   43.092
Thermo Fisher Scient1.625   10/18/2041  EUR   66.138
Thermo Fisher Scient1.125   10/18/2033  EUR   74.172
Odea Bank AS        8.606   8/1/2027    USD   74.250
AerCap Ireland Capit3.850   10/29/2041  USD   74.220
Bank Gospodarstwa Kr2.250   7/21/2033   PLN   65.398
Maisons du Monde SA 0.125   12/6/2023   EUR   46.572
Linde Finance BV    0.550   5/19/2032   EUR   74.229
Thermo Fisher Scient2.000   10/18/2051  EUR   61.176
Essity AB           0.250   2/8/2031    EUR   73.362
Saderea DAC         12.500  11/30/2026  USD   44.749
Engie SA            1.875               EUR   74.302
Yorkshire Water Fina2.750   4/18/2041   GBP   68.582
Credit Suisse Group 3.091   5/14/2032   USD   70.314
NPC Ukrenergo       6.875   11/9/2028   USD   17.090
Saxa Gres Spa       7.000   8/4/2026    EUR   45.979
John Lewis PLC      4.250   12/18/2034  GBP   62.457
Oscar Properties Hol9.999   7/5/2024    SEK   51.437
Mitsubishi UFJ Inves6.538   12/30/2099  EUR   4.750
Novo Banco SA/Luxemb3.500   1/2/2043    EUR   73.332
Neoen SA            2.000   6/2/2025    EUR   44.589
Polyus Finance PLC  3.250   10/14/2028  USD   60.684
ALROSA Finance SA   3.100   6/25/2027   USD   7.994
Severstal OAO Via St3.150   9/16/2024   USD   4.564
NET4GAS sro         3.500   7/28/2026   EUR   67.500
Smurfit Kappa Treasu1.000   9/22/2033   EUR   71.578
BAT International Fi4.000   11/23/2055  GBP   55.336
SCF Capital Designat3.850   4/26/2028   USD   20.461
Republic of Austria 0.250   10/20/2036  EUR   66.249
Norddeutsche Landesb8.916               EUR   73.430
Novolipetsk Steel Vi4.700   5/30/2026   USD   70.521
AstraZeneca PLC     3.000   5/28/2051   USD   71.693
Quant AB            8.654   11/15/2025  EUR   69.110
Credit Suisse Group 5.250               USD   69.000
Acef Holding SCA    1.250   4/26/2030   EUR   72.472
3i Group PLC        3.750   6/5/2040    GBP   74.389
Barclays PLC        3.330   11/24/2042  USD   71.070
EnBW Energie Baden-W2.125   8/31/2081   EUR   69.869
LEG Immobilien SE   0.875   3/30/2033   EUR   66.894
HOCHDORF Holding AG 2.500               CHF   34.133
Metalloinvest Financ3.375   10/22/2028  USD   54.345
Republic of Belarus 6.200   2/28/2030   USD   31.977
FIGEAC-AERO         1.750   10/18/2028  EUR   22.420
Rickmers Holding AG 8.875   6/11/2018   EUR   1.614
BICO Group AB       2.875   3/19/2026   SEK   70.470
LSEGA Financing PLC 3.200   4/6/2041    USD   74.890
Nykredit Realkredit 1.000   10/1/2053   DKK   65.808
Lukoil Capital DAC  3.600   10/26/2031  USD   68.750
BMW Finance NV      0.200   1/11/2033   EUR   71.355
Evraz PLC           5.250   4/2/2024    USD   52.987
Barclays PLC        1.106   5/12/2032   EUR   73.805
Sibur Securities DAC2.950   7/8/2025    USD   68.370
Alfa Bank AO Via Alf5.950   4/15/2030   USD   3.030
BASF SE             1.625   11/15/2037  EUR   70.828
United Utilities Wat1.750   2/10/2038   GBP   64.682
Credit Agricole SA  0.875   1/14/2032   EUR   74.522
Bank Gospodarstwa Kr2.125   6/5/2030    PLN   71.864
Nestle Finance Inter0.375   5/12/2032   EUR   74.707
Czech Republic Gover1.950   7/30/2037   CZK   68.432
Investor AB         1.500   6/20/2039   EUR   69.491
La Banque Postale SA0.750   6/23/2031   EUR   74.288
Vienna Insurance Gro1.000   3/26/2036   EUR   65.791
Grand City Propertie6.332               EUR   67.004
Wendel SE           1.000   6/1/2031    EUR   74.679
BUPA Finance PLC    4.000               GBP   69.149
Czech Gas Networks I0.450   9/8/2029    EUR   74.037
Orpea SA            2.130   7/3/2024    EUR   27.002
Electricite de Franc2.000   12/9/2049   EUR   57.743
Aroundtown SA       3.000   10/16/2029  GBP   69.314
Novo Banco SA/Luxemb3.500   2/19/2043   EUR   73.082
Lithuania Government0.500   7/28/2050   EUR   43.653
Sovcombank Via SovCo7.600               USD   2.350
Hyde Housing Associa1.750   8/18/2055   GBP   46.879
Coruripe Netherlands10.000  2/10/2027   USD   70.049
Slovenia Government 1.750   11/3/2040   EUR   70.425
ADLER Group SA      2.250   4/27/2027   EUR   41.750
Just Group PLC      5.000               GBP   71.010
BNG Bank NV         0.125   4/19/2033   EUR   72.311
Vonovia SE          1.000   6/16/2033   EUR   65.529
La Financiere Atalia6.625   5/15/2025   GBP   66.567
Credit Bank of Mosco7.625               USD   19.503
Logicor Financing Sa0.875   1/14/2031   EUR   66.154
Metinvest BV        7.650   10/1/2027   USD   53.230
adidas AG           0.625   9/10/2035   EUR   68.911
Gecina SA           0.875   1/25/2033   EUR   74.419
Karlou BV           7.750   6/18/2024   USD   11.483
State Agency of Road6.250   6/24/2030   USD   17.675
Romanian Government 3.500   4/3/2034    EUR   74.238
Russian Foreign Bond2.875   12/4/2025   EUR   39.464
Vonovia Finance BV  1.125   9/14/2034   EUR   63.850
Nykredit Realkredit 1.500   10/1/2053   DKK   70.417
Russian Foreign Bond5.875   9/16/2043   USD   60.762
Credit Bank of Mosco4.700   1/29/2025   USD   25.835
Blackstone Property 1.625   4/20/2030   EUR   68.526
Zurich Finance Irela1.625   6/17/2039   EUR   70.789
Russian Foreign Bond2.650   5/27/2036   EUR   37.314
National Grid PLC   0.750   9/1/2033    EUR   68.701
Unibail-Rodamco-West0.875   3/29/2032   EUR   70.683
Holcim Finance Luxem0.625   1/19/2033   EUR   68.328
Offentliga Hus I Nor9.655               SEK   66.271
Vnesheconombank Via 5.942   11/21/2023  USD   7.745
Ukraine Government B12.520  5/13/2026   UAH   55.499
Altarea SCA         1.750   1/16/2030   EUR   72.274
Cardea Europe AG    7.250   12/8/2023   EUR   26.000
MARB BondCo PLC     3.950   1/29/2031   USD   71.226
MMC Norilsk Nickel O2.800   10/27/2026  USD   71.000
Airbus SE           2.375   6/9/2040    EUR   74.890
United Utilities Wat1.875   6/3/2042    GBP   59.282
Cofinimmo SA        0.875   12/2/2030   EUR   72.687
Russian Foreign Bond4.375   3/21/2029   USD   41.485
BP Capital Markets P1.104   11/15/2034  EUR   70.173
Republic of Poland G2.000   10/25/2046  EUR   67.736
Vonovia SE          1.500   6/14/2041   EUR   55.190
Prosus NV           4.027   8/3/2050    USD   62.909
BNP Paribas SA      0.625   12/3/2032   EUR   69.649
Pershing Square Hold3.250   10/1/2031   USD   75.135
Realkredit Danmark A1.000   10/1/2050   DKK   71.396
Tullow Oil PLC      7.000   3/1/2025    USD   63.785
Slovenia Government 1.175   2/13/2062   EUR   49.400
Sibur Securities DAC3.450   9/23/2024   USD   62.081
Eurochem Finance DAC5.500   3/13/2024   USD   58.469
PIK Securities DAC  5.625   11/19/2026  USD   41.750
SKF AB              0.250   2/15/2031   EUR   73.070
Mobile Telesystems O5.000   5/30/2023   USD   27.699
Derwent London PLC  1.875   11/17/2031  GBP   71.570
Allianz SE          3.200               USD   74.625
alstria office REIT-1.500   11/15/2027  EUR   72.007
Stichting Afwikkelin11.250              EUR   45.963
CBRE Global Investor0.900   10/12/2029  EUR   71.678
A2A SpA             0.625   7/15/2031   EUR   73.319
Digital Intrepid Hol0.625   7/15/2031   EUR   69.824
Pershing Square Hold3.250   10/1/2031   USD   74.763
EWE AG              0.375   10/22/2032  EUR   68.997
Vodafone Group PLC  3.375   8/8/2049    GBP   64.611
Enel Finance Interna1.250   1/17/2035   EUR   68.616
Unibail-Rodamco-West1.375   5/25/2033   EUR   73.291
Officine Maccaferri-5.750   6/1/2021    EUR   17.000
Ilija Batljan Invest9.264               SEK   47.619
Terna - Rete Elettri0.750   7/24/2032   EUR   74.750
Senvion Holding GmbH3.875   10/25/2022  EUR   0.192
TotalEnergies Capita3.386   6/29/2060   USD   71.610
Koninklijke KPN NV  0.875   12/14/2032  EUR   73.433
EQT AB              0.875   5/14/2031   EUR   69.961
B2W Digital Lux Sarl4.375   12/20/2030  USD   18.000
Bulgaria Government 0.100   8/17/2031   BGN   67.353
Home Credit & Financ8.800               USD   5.340
Abengoa Abenewco 2 B1.500   4/26/2024   EUR   0.498
BNP Paribas SA      2.824   1/26/2041   USD   65.150
SAS AB              6.900               SEK   7.000
OMV AG              1.000   7/3/2034    EUR   70.875
Russian Foreign Bond1.125   11/20/2027  EUR   37.344
Adif Alta Velocidad 0.550   10/31/2031  EUR   74.855
Unibail-Rodamco-West1.750   7/1/2049    EUR   60.470
WPP Finance 2013    2.875   9/14/2046   GBP   58.629
Ekosem-Agrar AG     2.500   7/31/2029   EUR   20.293
Novolipetsk Steel Vi4.000   9/21/2024   USD   65.445
Red Electrica Financ0.500   5/24/2033   EUR   74.046
Deutsche Bahn Financ0.625   12/8/2050   EUR   48.051
Erste Group Bank AG 0.250   1/27/2031   EUR   74.232
Ukreximbank Via Biz 9.950   11/14/2029  USD   31.090
Credit Suisse Group 2.125   11/15/2029  GBP   73.184
Credit Bank of Mosco8.875               USD   19.698
Ziton A/S           11.032  10/3/2024   EUR   59.331
JSM Global Sarl     4.750   10/20/2030  USD   15.625
Enel Finance Interna2.250   7/12/2031   USD   75.021
Chancellor Masters &0.250   6/27/2068   GBP   57.253
Engie SA            1.000   10/26/2036  EUR   66.168
LEG Immobilien SE   1.500   1/17/2034   EUR   69.252
Republic of Poland G2.000   3/8/2049    EUR   66.437
UNEDIC ASSEO        0.010   11/25/2031  EUR   74.954
UNEDIC ASSEO        0.500   5/25/2036   EUR   67.349
Societe Generale SA 3.625   3/1/2041    USD   67.601
Vnesheconombank Via 6.025   7/5/2022    USD   6.219
Action Logement Serv0.750   7/19/2041   EUR   58.569
Diebold Nixdorf Dutc9.000   7/15/2025   EUR   67.000
ABN AMRO Bank NV    1.125   4/23/2039   EUR   70.778
UBS Group AG        0.875   11/3/2031   EUR   74.596
BAT International Fi2.000   3/13/2045   EUR   52.533
Diageo Finance PLC  2.750   6/8/2038    GBP   74.596
Electricite de Franc1.000   11/29/2033  EUR   69.758
National Gas Transmi1.625   1/14/2043   GBP   50.819
Bayer AG            0.625   7/12/2031   EUR   74.322
Novo Banco SA/Luxemb3.500   3/18/2043   EUR   73.320
DNB Bank ASA        5.203               USD   69.865
RWE AG              0.625   6/11/2031   EUR   74.740
GTLK Europe Capital 4.800   2/26/2028   USD   22.244
Polyus Finance PLC  4.700   1/29/2024   USD   60.001
State of North Rhine1.750   10/26/2057  EUR   67.490
Aeroports de Paris  1.125   6/18/2034   EUR   70.489
Wellcome Trust Ltd/T1.500   7/14/2071   GBP   39.389
UniCredit Bank AG   0.375   1/17/2033   EUR   74.909
Hera SpA            1.000   4/25/2034   EUR   70.729
Lendlease Europe Fin3.500   12/2/2033   GBP   66.227
Kreditanstalt fuer W1.125   3/31/2037   EUR   74.881
AstraZeneca PLC     2.125   8/6/2050    USD   59.709
Digital Dutch Finco 1.000   1/15/2032   EUR   71.296
Groupe des Assurance1.850   4/21/2042   EUR   72.792
Samhallsbyggnadsbola6.419               SEK   60.985
EYEMAXX Real Estate 5.500   4/26/2023   EUR   1.430
A2A SpA             1.000   11/2/2033   EUR   70.373
Prologis Internation3.000   2/22/2042   GBP   70.432
Vesteda Finance BV  0.750   10/18/2031  EUR   73.361
UBS Group AG        0.625   2/24/2033   EUR   70.859
Marston's Issuer PLC6.482   7/16/2035   GBP   74.799
Holcim Finance Luxem1.375   10/8/2036   EUR   60.424
Enel Finance Interna1.125   10/17/2034  EUR   68.418
Anglo American Capit3.950   9/10/2050   USD   74.592
Lseg Netherlands BV 0.750   4/6/2033    EUR   74.037
Close Brothers Finan1.625   12/3/2030   GBP   73.904
Bulgaria Government 1.500   6/21/2039   BGN   54.373
Mallinckrodt Interna10.000  4/15/2025   USD   68.500
Interpipe Holdings P8.375   5/13/2026   USD   47.250
Holcim Finance Luxem0.500   9/3/2030    EUR   74.633
BP Capital Markets B0.933   12/4/2040   EUR   56.573
Ilija Batljan Invest5.764   12/15/2024  SEK   67.382
GlaxoSmithKline Capi1.625   5/12/2035   GBP   69.709
esure Group PLC     6.000               GBP   68.653
Merlin Properties So1.875   12/4/2034   EUR   70.772
UBS Group AG        3.179   2/11/2043   USD   72.379
VTB Bank OJSC Via VT4.073   10/24/2024  CHF   16.000
Electricite de Franc1.875   10/13/2036  EUR   70.779
Vonovia Finance BV  1.625   10/7/2039   EUR   59.477
Deutsche Bahn Financ0.625   4/15/2036   EUR   67.356
Selina Hospitality P6.000   11/1/2026   USD   48.015
Credit Suisse Group 6.375               USD   73.939
Deutsche Telekom AG 1.750   12/9/2049   EUR   63.972
Andorra Internationa1.700   10/13/2041  EUR   63.911
Abengoa Abenewco 2 S1.500   10/26/2024  USD   0.813
National Gas Transmi1.375   2/7/2031    GBP   73.473
European Financial S0.050   1/18/2052   EUR   38.337
Wellcome Trust Ltd/T2.517   2/7/2118    GBP   52.282
Deutsche Telekom AG 3.625   1/21/2050   USD   74.362
Bigben Interactive  1.125   2/19/2026   EUR   70.042
Hannover Rueck SE   1.375   6/30/2042   EUR   72.103
Societe Generale SA 4.027   1/21/2043   USD   69.464
Severn Trent Utiliti2.000   6/2/2040    GBP   62.275
ERG SpA             0.875   9/15/2031   EUR   74.638
Snam SpA            1.250   6/20/2034   EUR   71.898
LEG Immobilien SE   1.000   11/19/2032  EUR   69.435
Russian Foreign Bond1.850   11/20/2032  EUR   38.355
Medtronic Global Hol1.500   7/2/2039    EUR   66.816
Intu Debenture PLC  5.562   12/31/2027  GBP   41.440
Deutsche Bahn Financ1.125   5/29/2051   EUR   53.929
E.ON SE             0.875   10/18/2034  EUR   70.042
Movida Europe SA    5.250   2/8/2031    USD   65.366
State of North Rhine1.375   1/15/2120   EUR   45.252
Diebold Nixdorf Dutc9.000   7/15/2025   EUR   65.690
EnfraGen Energia Sur5.375   12/30/2030  USD   66.812
Groupe Bruxelles Lam0.125   1/28/2031   EUR   74.120
Cadent Finance PLC  0.750   3/11/2032   EUR   72.538
O1 Properties Financ0.500   9/27/2028   USD   5.235
GTLK Europe Capital 4.949   2/18/2026   USD   20.199
Credit Agricole Home0.375   2/1/2033    EUR   73.665
Traton Finance Luxem1.250   3/24/2033   EUR   72.984
Mondelez Internation0.625   9/9/2032    EUR   73.231
Storebrand Livsforsi1.875   9/30/2051   EUR   71.107
Blackstone Property 1.750   3/12/2029   EUR   72.910
TotalEnergies Capita2.986   6/29/2041   USD   74.372
BNP Paribas SA      2.824   1/26/2041   USD   65.623
Medtronic Global Hol1.375   10/15/2040  EUR   64.070
BNP Paribas SA      1.250   7/13/2031   GBP   71.506
Ireland Government B0.400   5/15/2035   EUR   70.541
Sovcombank Via SovCo8.000   4/7/2030    USD   5.574
DNB Bank ASA        5.360               USD   70.407
MMK International Ca4.375   6/13/2024   USD   26.437
DNB Bank ASA        5.385               USD   70.369
Telefonica Emisiones1.864   7/13/2040   EUR   68.956
Royalty Pharma PLC  3.300   9/2/2040    USD   69.477
CNP Assurances      1.875   10/12/2053  EUR   71.064
Rallye SA           3.400   2/28/2032   EUR   3.787
Cyprus Government In1.250   1/21/2040   EUR   64.049
Ireland Government B0.550   4/22/2041   EUR   60.604
Air Berlin PLC      6.750   5/9/2019    EUR   0.489
GTLK Europe DAC     5.125   5/31/2024   USD   29.672
Thomas Cook Group PL6.250   6/15/2022   EUR   0.325
Mondelez Internation1.250   9/9/2041    EUR   62.153
Platform HG Financin1.926   9/15/2041   GBP   62.153
Jyske Realkredit A/S1.000   10/1/2050   DKK   71.542
Idavang A/S         9.857   11/11/2025  EUR   72.494
Talanx AG           1.750   12/1/2042   EUR   73.123
Hungary Government B2.250   6/22/2034   HUF   55.371
National Grid Electr0.823   7/7/2032    EUR   73.405
Cooperatieve Raboban0.625   2/25/2033   EUR   70.909
BAE Systems PLC     3.000   9/15/2050   USD   66.679
Basque Government   0.450   4/30/2032   EUR   74.526
Perrigo Finance Unli4.900   12/15/2044  USD   71.189
Greene King Finance 5.512   12/15/2034  GBP   74.000
Linde PLC/old       1.000   9/30/2051   EUR   52.144
Kreditanstalt fuer W0.875   7/4/2039    EUR   68.979
Euroboden GmbH      5.500   10/1/2024   EUR   65.959
Koninklijke KPN NV  0.875   11/15/2033  EUR   71.891
Jyske Realkredit A/S1.000   10/1/2050   DKK   67.187
Aroundtown SA       2.912   9/20/2030   EUR   69.867
Ozon Holdings PLC   1.875   2/24/2026   USD   58.627
DSV Finance BV      0.750   7/5/2033    EUR   70.593
Rallye SA           4.000   2/28/2032   CHF   9.941
Wales & West Utiliti1.875   5/28/2041   GBP   59.592
Vedanta Resources Fi8.950   3/11/2025   USD   69.503
National Grid Electr0.872   11/26/2040  EUR   55.781
Lloyds Banking Group3.369   12/14/2046  USD   67.492
Scottish Hydro Elect2.125   3/24/2036   GBP   69.618
Vonovia SE          0.625   3/24/2031   EUR   70.725
Finland Government B0.250   9/15/2040   EUR   59.040
GTLK Europe Capital 4.349   2/27/2029   USD   20.363
BPCE SA             0.250   1/14/2031   EUR   73.883
Medtronic Global Hol1.750   7/2/2049    EUR   59.537
Stichting Afwikkelin6.250   10/26/2020  EUR   43.625
VEON Holdings BV    3.375   11/25/2027  USD   70.473
Czech Gas Networks I0.875   3/31/2031   EUR   71.154
Manchester Airport G2.875   9/30/2044   GBP   64.545
Iren SpA            0.250   1/17/2031   EUR   72.069
Eurogrid GmbH       0.741   4/21/2033   EUR   72.498
OGX Austria GmbH    8.500   6/1/2018    USD   0.486
GTLK Europe Capital 5.950   4/17/2025   USD   26.739
OP Corporate Bank pl0.750   3/24/2031   EUR   74.975
Kreditanstalt fuer W0.050   9/29/2034   EUR   69.143
Northern Powergrid N1.875   6/16/2062   GBP   47.277
Credit Suisse Group 4.500               USD   57.750
ABH Financial Ltd Vi2.700   6/11/2023   EUR   15.140
Sovcombank Via SovCo3.400   1/26/2025   USD   2.185
Immigon Portfolioabb8.813               EUR   9.950
Alno AG             8.500   5/14/2018   EUR   18.421
Wuestenrot & Wuertte2.125   9/10/2041   EUR   71.134
Finland Government B0.500   4/15/2043   EUR   59.123
Credit Mutuel Arkea 0.875   10/25/2031  EUR   74.532
K2A Knaust & Anderss8.808               SEK   69.902
Rallye SA           3.250   2/28/2032   CHF   5.180
Shell International 1.750   9/10/2052   GBP   46.546
Landesbank Baden-Wue0.375   2/21/2031   EUR   73.258
TotalEnergies Capita1.535   5/31/2039   EUR   70.177
Siemens Financiering2.875   3/11/2041   USD   74.941
Ageas SA/NV         1.875   11/24/2051  EUR   72.578
Autonomous Community0.700   7/30/2033   EUR   71.995
Genfit SA           3.500   10/16/2025  EUR   26.469
Unilever PLC        1.500   6/11/2039   EUR   72.111
Syngenta Finance NV 4.375   3/28/2042   USD   73.553
Northern Powergrid N3.250   4/1/2052    GBP   69.717
Repsol Europe Financ0.875   7/6/2033    EUR   71.736
Thomas Cook Finance 3.875   7/15/2023   EUR   0.596
Slovakia Government 2.250   6/12/2068   EUR   68.334
Intelsat Jackson Hol9.750   7/15/2025   USD   0.495
Alfa Bank AO Via Alf5.900               USD   2.566
NIBC Bank NV        2.570               USD   74.149
South Eastern Power 1.750   9/30/2034   GBP   70.449
GTLK Europe Capital 4.650   3/10/2027   USD   21.854
Abengoa Abenewco 2 S1.500   10/26/2024  USD   1.113
Intelsat Jackson Hol5.500   8/1/2023    USD   0.495
Euroclear Investment1.375   6/16/2051   EUR   74.832
Rusal Capital DAC   5.300   5/3/2023    USD   41.119
Shell International 2.875   11/26/2041  USD   73.837
Nederlandse Watersch0.125   9/3/2035    EUR   66.341
Nostrum Oil & Gas Fi8.000   7/25/2022   USD   25.958
Hampshire Trust Bank7.250   5/10/2028   GBP   69.248
Linde PLC/old       0.375   9/30/2033   EUR   69.893
Agri Resources Group8.000   3/17/2026   EUR   48.777
Aberdeen City Counci0.100   2/28/2054   GBP   74.177
Debenhams PLC       5.250   7/15/2021   GBP   0.211
Caisse des Depots et1.552   8/16/2038   EUR   71.754
VTR Finance NV      6.375   7/15/2028   USD   42.617
Banque Federative du0.625   2/21/2031   EUR   74.392
JDE Peet's NV       1.125   6/16/2033   EUR   71.520
Trinseo Materials Op5.125   4/1/2029    USD   67.730
Chancellor Masters &2.350   6/27/2078   GBP   55.843
Places For People Tr2.500   1/26/2036   GBP   70.543
Aragvi Finance Inter8.450   4/29/2026   USD   70.225
Medtronic Global Hol1.625   10/15/2050  EUR   56.591
Yandex NV           0.750   9/13/2022   USD   69.352
DH Europe Finance II1.800   9/18/2049   EUR   62.887
Privatbank CJSC Via 10.250  1/23/2018   USD   3.072
JAB Holdings BV     3.750   5/28/2051   USD   63.997
Nordea Kredit Realkr1.000   10/1/2050   DKK   67.171
Blend Funding PLC   2.922   4/5/2054    GBP   62.664
British Telecommunic3.625   11/21/2047  GBP   68.061
National Gas Transmi1.125   1/14/2033   GBP   66.054
Orpea SA            2.564   11/30/2027  EUR   26.714
Altice France Holdin6.000   2/15/2028   USD   68.560
Holcim Sterling Fina2.250   4/4/2034    GBP   71.405
Travelex Financing P8.000   5/15/2022   EUR   0.432
Segro Capital Sarl  0.500   9/22/2031   EUR   70.599
Offshore Drilling Ho8.375   9/20/2020   USD   2.689
Unibail-Rodamco-West2.250   5/14/2038   EUR   74.132
Aroundtown SA       3.625   4/10/2031   GBP   67.409
Nordea Kredit Realkr1.000   10/1/2050   DKK   71.521
Orange SA           1.375   9/4/2049    EUR   63.619
Cardiff University  3.000   12/7/2055   GBP   68.347
Finland Government B1.375   4/15/2047   EUR   69.909
Eurocaja Rural SCC  0.125   9/22/2031   EUR   74.361
Realkredit Danmark A1.000   10/1/2050   DKK   67.064
Kreditanstalt fuer W1.125   6/15/2037   EUR   74.408
Rallye SA           5.250   2/28/2032   EUR   3.324
Telefonica Emisiones1.957   7/1/2039    EUR   71.995
Sovcombank Via SovCo7.750               USD   3.379
Eversholt Funding PL3.529   8/7/2042    GBP   72.737
Berlin Hyp AG       0.375   4/21/2031   EUR   73.636
Danfoss Finance II B0.750   4/28/2031   EUR   74.834
ABN AMRO Bank NV    1.000   6/2/2033    EUR   72.808
RTE Reseau de Transp0.750   1/12/2034   EUR   72.279
Pozavarovalnica Sava3.750   11/7/2039   EUR   71.119
OGX Austria GmbH    8.375   4/1/2022    USD   0.482
LEG Immobilien SE   0.750   6/30/2031   EUR   72.353
RTE Reseau de Transp1.125   7/8/2040    EUR   64.351
Simpar Europe SA    5.200   1/26/2031   USD   66.453
Hera SpA            0.250   12/3/2030   EUR   73.729
Deutsche Bahn Financ0.875   6/23/2039   EUR   64.713
ABN AMRO Bank NV    1.250   1/20/2034   EUR   72.225
Alfa Bank AO Via Alf6.950               USD   2.566
Snam SpA            0.625   6/30/2031   EUR   74.406
Omnicom Capital Hold2.250   11/22/2033  GBP   74.421
Credit Agricole SA  2.811   1/11/2041   USD   65.347
Clarion Funding PLC 3.125   4/19/2048   GBP   66.771
BNP Paribas SA      2.000   9/13/2036   GBP   66.084
Cyprus Government In2.250   4/16/2050   EUR   72.513
Investor AB         0.375   10/29/2035  EUR   64.963
Latvia Government In1.875   2/19/2049   EUR   68.492
Annington Funding PL3.935   7/12/2047   GBP   68.590
Santhera Pharmaceuti7.500   8/17/2024   CHF   74.923
Nykredit Realkredit 1.500   10/1/2050   DKK   72.867
Cooperatieve Raboban1.000   1/19/2034   EUR   72.242
Nestle Finance Inter0.875   6/14/2041   EUR   62.364
Solocal Group       9.046   3/15/2025   EUR   68.000
Celtic Resources Hol4.125   10/9/2024   USD   12.324
Scandinavian Airline0.625               CHF   13.770
Allied Irish Banks P12.500  6/25/2035   GBP   54.964
Finland Government B0.125   4/15/2036   EUR   65.775
Junta de Castilla y 1.275   4/7/2049    EUR   54.137
Credit Bank of Mosco7.121   6/25/2024   USD   23.487
Enexis Holding NV   0.375   4/14/2033   EUR   71.203
JAB Holdings BV     2.250   12/19/2039  EUR   67.428
Action Logement Serv0.500   10/30/2034  EUR   69.472
Volkswagen Internati1.500   1/21/2041   EUR   61.012
Samhallsbyggnadsbola7.000   7/24/2023   SEK   71.582
Orange SA           0.750   6/29/2034   EUR   69.836
Claranova SE        5.000   7/1/2023    EUR   1.070
NRW Bank            0.100   7/9/2035    EUR   66.633
Vedanta Resources Lt6.125   8/9/2024    USD   68.220
Banco Santander SA  0.180   6/22/2031   EUR   75.024
State of Brandenburg0.600   10/13/2051  EUR   50.023
Aeroports de Paris  2.125   10/11/2038  EUR   74.150
Nykredit Realkredit 0.500   10/1/2043   DKK   74.225
Nykredit Realkredit 0.500   10/1/2050   DKK   67.400
Cie de Financement F0.600   10/25/2041  EUR   60.203
Deutsche Bahn Financ1.375   4/16/2040   EUR   68.898
Scottish Hydro Elect2.250   9/27/2035   GBP   71.768
Heineken NV         1.750   5/7/2040    EUR   71.015
Agence Francaise de 1.125   3/2/2037    EUR   71.349
Regiao Autonoma Made1.141   12/4/2034   EUR   69.334
Credit Agricole Ital0.375   1/20/2032   EUR   73.346
Lithuania Government0.300   2/12/2032   EUR   69.438
Societe Nationale SN0.875   2/28/2051   EUR   45.975
Air Liquide Finance 0.375   9/20/2033   EUR   71.885
Engie SA            2.000   9/28/2037   EUR   74.066
State of North Rhine1.450   2/16/2043   EUR   71.015
Russian Federal Bond6.100   7/18/2035   RUB   70.998
Anchor Hanover Group2.000   7/21/2051   GBP   52.394
UNEDIC ASSEO        0.250   7/16/2035   EUR   67.297
Thames Water Utiliti2.375   4/22/2040   GBP   62.698
Ukraine Government B9.790   5/26/2027   UAH   52.185
Vonovia Finance BV  1.000   1/28/2041   EUR   50.133
Societe Nationale SN1.000   1/19/2061   EUR   39.509
Schlote Holding GmbH6.750   11/21/2024  EUR   65.917
Euroboden GmbH      5.500   11/18/2025  EUR   61.926
CCEP Finance Ireland0.875   5/6/2033    EUR   73.024
Agence Francaise de 0.500   5/31/2035   EUR   68.880
PREOS Global Office 7.500   12/9/2024   EUR   37.500
European Financial S0.700   1/17/2053   EUR   49.138
Region Wallonne Belg1.050   6/22/2040   EUR   63.584
Credit Suisse Group 5.100               USD   70.290
Richemont Internatio1.625   5/26/2040   EUR   71.323
Jyske Realkredit A/S1.000   10/1/2053   DKK   65.895
BPCE SA             3.582   10/19/2042  USD   68.037
BAWAG PSK Bank fuer 0.625   6/19/2034   EUR   72.287
United Utilities Wat0.010   7/27/2040   GBP   71.324
Latvia Government In1.375   5/16/2036   EUR   73.311
Societe Du Grand Par1.000   2/18/2070   EUR   38.737
Ukraine Government B11.670  11/22/2023  UAH   79.672
Accent Capital PLC  2.625   7/18/2049   GBP   62.697
Guinness Partnership2.000   4/22/2055   GBP   49.768
Beyond Housing Ltd  2.125   5/17/2051   GBP   54.922
Intesa Sanpaolo SpA 2.625   3/11/2036   GBP   67.618
AI Candelaria Spain 5.750   6/15/2033   USD   70.788
State of North Rhine0.600   6/4/2041    EUR   61.392
Clarion Funding PLC 1.875   9/7/2051    GBP   48.165
European Financial S0.700   1/20/2050   EUR   52.335
Intelsat Jackson Hol8.500   10/15/2024  USD   0.495
European Financial S2.000   2/28/2056   EUR   72.132
Societa di Progetto 3.375   12/31/2038  EUR   72.904
Sovereign Housing Ca2.375   11/4/2048   GBP   59.230
AXA Logistics Europe0.875   11/15/2029  EUR   74.596
EnBW International F0.500   3/1/2033    EUR   69.913
Home Group Ltd      3.125   3/27/2043   GBP   70.115
Societe Du Grand Par0.700   10/15/2060  EUR   36.543
Cadent Finance PLC  2.250   10/10/2035  GBP   68.930
Clarion Funding PLC 1.875   1/22/2035   GBP   69.065
Aroundtown SA       4.750   3/27/2032   USD   66.627
Norwegian Air Shuttl7.137   2/7/2023    SEK   63.500
Investitionsbank Ber0.050   3/2/2035    EUR   67.267
LEG Immobilien SE   1.625   11/28/2034  EUR   67.377
Shell International 0.500   11/8/2031   EUR   74.660
Snam SpA            1.000   9/12/2034   EUR   68.961
Credit Agricole SA  2.811   1/11/2041   USD   65.941
Orange SA           0.625   12/16/2033  EUR   70.362
DH Europe Finance II3.400   11/15/2049  USD   76.021
Orpea SA            2.770   12/18/2028  EUR   27.007
Becton Dickinson Eur1.213   2/12/2036   EUR   68.592
publity AG          5.500   6/19/2025   EUR   68.665
Social Chain AG /The5.750   4/7/2024    EUR   65.000
Metropolitano de Ten1.229   7/30/2036   EUR   67.843
Vedanta Resources Fi9.250   4/23/2026   USD   67.630
Hellenic Republic Go2.085   7/25/2057   EUR   31.606
Metalloinvest Financ3.375   10/22/2028  USD   53.000
Realkredit Danmark A1.500   10/1/2053   DKK   70.415
Bromford Housing Gro3.125   5/3/2048    GBP   69.640
City of Lugano Switz0.150   11/28/2070  CHF   41.532
Shell International 3.125   11/7/2049   USD   71.519
State of North Rhine0.500   1/15/2052   EUR   48.136
Bayer AG            1.000   1/12/2036   EUR   66.375
European Financial S1.375   5/31/2047   EUR   67.015
BPCE SFH SA         0.010   1/29/2036   EUR   63.078
RTE Reseau de Transp0.625   7/8/2032    EUR   74.499
M2 Asset Management 7.110   2/4/2026    SEK   71.815
Nationale-Nederlande0.375   3/4/2041    EUR   58.249
TechnipFMC PLC      3.750   10/7/2033   EUR   68.991
Nordea Kredit Realkr1.500   10/1/2053   DKK   74.976
Sirius Real Estate L1.750   11/24/2028  EUR   72.332
Terragon AG         6.500   5/24/2024   EUR   5.000
Notting Hill Genesis3.250   10/12/2048  GBP   67.533
ABN AMRO Bank NV    0.625   1/24/2037   EUR   68.644
M Objekt Real Estate6.000   7/22/2024   EUR   50.619
British Telecommunic4.250   11/8/2049   USD   74.727
Lithuania Government0.750   7/15/2051   EUR   48.851
CK Hutchison Group T2.625   10/17/2034  GBP   70.057
Deutsche Wohnen SE  0.500   4/7/2031    EUR   69.752
Fastighets AB Balder1.293   3/3/2031    EUR   60.147
FF Group Finance Lux1.750   7/3/2019    EUR   5.000
Cirio Holding Luxemb6.250   2/16/2004   EUR   1.467
London & Quadrant Ho3.750   10/27/2049  GBP   73.301
Nordea Kredit Realkr1.000   10/1/2053   DKK   70.734
Chelyabinsk Pipe Pla4.500   9/19/2024   USD   21.363
ESB Finance DAC     1.000   7/19/2034   EUR   72.450
Global Ports Finance6.500   9/22/2023   USD   23.469
Ville de Paris      1.200   6/25/2039   EUR   68.323
DWR Cymru Financing 2.375   3/31/2034   GBP   72.933
Basque Government   1.000   10/31/2050  EUR   47.940
NPC Ukrenergo       6.875   11/9/2028   USD   17.325
LiveWest Treasury PL2.250   10/10/2043  GBP   63.194
Avangardco Investmen10.000  10/29/2018  USD   0.133
Covivio SA/France   0.875   1/20/2033   EUR   71.424
National Grid Electr2.000   4/17/2040   GBP   60.839
DSV Finance BV      0.875   9/17/2036   EUR   65.211
Kenbourne Invest SA 4.700   1/22/2028   USD   67.284
Realkredit Danmark A1.000   10/1/2053   DKK   65.811
BAWAG PSK Bank fuer 0.250   1/12/2032   EUR   74.999
State of North Rhine0.750   8/16/2041   EUR   62.785
EYEMAXX Real Estate 5.500   9/24/2024   EUR   3.207
Nationwide Building 0.500   5/5/2041    EUR   59.556
Barclays Bank PLC   2.500   12/29/2032  USD   75.075
KTG Agrar SE        7.125   6/6/2017    EUR   2.002
Barclays Bank PLC   12.000  9/24/2025   TRY   62.771
Motability Operation2.125   1/18/2042   GBP   63.524
A2A SpA             0.625   10/28/2032  EUR   70.065
Nykredit Realkredit 2.000   10/1/2053   DKK   74.267
Russian Foreign Bond4.250   6/23/2027   USD   41.854
Uralkali OJSC Via Ur4.000   10/22/2024  USD   19.366
Argenta Spaarbank NV0.500   10/8/2041   EUR   58.388
Notting Hill Genesis2.000   6/3/2036    GBP   67.646
Gecina SA           0.875   6/30/2036   EUR   66.850
Credit Mutuel Arkea 0.875   3/11/2033   EUR   72.141
Jigsaw Funding PLC  3.375   5/5/2052    GBP   73.237
Societe Nationale SN1.000   5/25/2040   EUR   62.392
Segro PLC           2.875   10/11/2037  GBP   74.505
London & Quadrant Ho2.000   10/20/2038  GBP   62.894
Nederlandse Gasunie 0.375   10/3/2031   EUR   74.206
Cadent Finance PLC  2.750   9/22/2046   GBP   59.286
EYEMAXX Real Estate 5.500   7/22/2025   EUR   16.000
BNG Bank NV         1.500   7/15/2039   EUR   75.120
TotalEnergies Capita1.618   5/18/2040   EUR   67.508
de Volksbank NV     0.375   9/16/2041   EUR   56.721
Tritax Big Box REIT 1.500   11/27/2033  GBP   67.043
Cooperatieve Raboban0.750   6/21/2039   EUR   65.715
Italgas SpA         0.500   2/16/2033   EUR   69.259
Land Securities Capi2.625   9/22/2037   GBP   73.416
Lehman Brothers UK C3.875               EUR   18.599
2i Rete Gas SpA     0.579   1/29/2031   EUR   74.603
New World Resources 4.000   10/7/2020   EUR   0.010
Norske Skogindustrie7.000   12/30/2026  EUR   0.010
Bourbon Corp        11.652              EUR   0.964
Communaute Francaise2.300   4/25/2089   EUR   68.342
United Utilities Wat1.750   2/10/2038   GBP   65.119
ING-DiBa AG         1.000   5/23/2039   EUR   69.063
Hellas Telecommunica6.054   1/15/2015   USD   0.014
La Poste SA         1.000   9/17/2034   EUR   70.887
Berlin Hyp AG       0.250   5/19/2033   EUR   73.225
Wales & West Utiliti3.000   8/3/2038    GBP   74.546
Vnesheconombank Via 6.800   11/22/2025  USD   5.564
Lithuania Government1.625   6/19/2049   EUR   62.795
Annington Funding PL2.924   10/6/2051   GBP   54.181
Assura Financing PLC1.625   6/30/2033   GBP   68.581
SNCF Reseau         2.250   12/20/2047  EUR   73.403
European Financial S1.700   2/13/2043   EUR   74.690
Societe Generale SA 9.000   12/22/2034  USD   70.000
UkrLandFarming PLC  10.875  3/26/2018   USD   1.751
East Slope Residenci0.100   2/28/2062   GBP   64.073
University College L1.625   6/4/2061    GBP   47.958
ING Bank NV         1.000   2/17/2037   EUR   72.633
Land Securities Capi2.750   9/22/2059   GBP   59.408
Basque Government   1.375   10/31/2070  EUR   40.769
Hellas Telecommunica8.500   10/15/2013  EUR   0.834
Ukreximbank Via Biz 9.750   1/22/2025   USD   33.472
Wendel SE           1.375   1/18/2034   EUR   69.976
Hexagon Housing Asso3.625   4/22/2048   GBP   71.753
NRW Bank            1.250   5/13/2049   EUR   65.176
Petrobras Global Fin4.500   2/4/2033    EUR   66.144
MHP SE              7.750   5/10/2024   USD   52.701
Engie SA            1.250   10/24/2041  EUR   60.254
Nordea Kredit Realkr0.500   10/1/2050   DKK   67.447
Croatia Government B1.250   3/3/2040    EUR   62.908
TMK OAO Via TMK Capi4.300   2/12/2027   USD   53.713
SES SA              5.300   4/4/2043    USD   74.841
Air Berlin PLC      8.250   4/19/2018   EUR   0.423
Region Wallonne Belg0.650   1/16/2051   EUR   44.736
British Telecommunic4.250   11/8/2049   USD   74.727
National Grid Electr2.000   9/16/2038   GBP   62.847
Societe Generale SA 1.113   7/17/2031   EUR   72.182
Cie de Financement F0.010   10/29/2035  EUR   64.101
Gazprom PJSC Via Gaz4.950   2/6/2028    USD   73.875
Volkswagen Internati3.500   4/2/2043    EUR   73.659
DXC Capital Funding 0.950   9/15/2031   EUR   74.743
Caisse de Refinancem0.250   2/7/2035    EUR   68.357
BAWAG PSK Bank fuer 0.010   11/19/2035  EUR   63.018
Barclays Bank PLC   0.500   1/28/2033   MXN   36.999
Aster Treasury Plc  1.405   1/27/2036   GBP   66.360
European Primary Pla1.732   11/9/2055   GBP   48.547
Equinor ASA         3.250   11/18/2049  USD   74.176
Cadent Finance PLC  2.625   9/22/2038   GBP   67.026
Nederlandse Watersch1.625   1/29/2048   EUR   70.776
CRC Breeze Finance S6.110   5/8/2026    EUR   75.045
Perrigo Co PLC      5.300   11/15/2043  USD   72.500
Nationale-Nederlande0.050   11/12/2040  EUR   54.784
Realkredit Danmark A1.500   10/1/2053   DKK   74.901
Realkredit Danmark A1.000   10/1/2053   DKK   60.270
Engie SA            1.375   6/21/2039   EUR   65.012
Eni SpA             1.000   10/11/2034  EUR   70.357
Yuksel Insaat AS    9.500   11/10/2015  USD   0.500
Virgolino de Oliveir10.500  1/28/2018   USD   0.809
WM Morrison Supermar2.500   10/1/2031   GBP   46.099
BNG Bank NV         0.125   7/9/2035    EUR   67.185
Allianz Finance II B0.500   11/22/2033  EUR   72.957
Community Finance Co0.339   12/1/2040   GBP   74.014
HOWOGE Wohnungs-baug1.125   11/1/2033   EUR   72.361
Deutsche Lichtmiete 5.750   12/1/2023   EUR   11.206
Libra Longhurst Grou3.250   5/15/2043   GBP   72.385
Societe Nationale SN2.842   3/31/2036   AUD   74.833
Mercedes-Benz Group 1.125   8/8/2034    EUR   74.232
EXOR NV             1.750   10/14/2034  EUR   74.663
OGX Austria GmbH    8.375   4/1/2022    USD   0.482
Southern Housing Gro2.375   10/8/2036   GBP   71.404
Liquid Telecommunica5.500   9/4/2026    USD   69.122
Veolia Environnement1.250   5/14/2035   EUR   73.145
Severn Trent Utiliti0.010   12/16/2055  GBP   48.025
DZ HYP AG           0.375   11/10/2034  EUR   70.634
Espirito Santo Finan6.875   10/21/2019  EUR   0.053
State of Rhineland-P0.375   4/1/2041    EUR   59.178
Adecco International0.500   9/21/2031   EUR   74.571
Realkredit Danmark A1.000   10/1/2053   DKK   70.582
Erste Group Bank AG 0.875   5/15/2034   EUR   74.887
Engie SA            1.500   3/13/2035   EUR   73.505
Region de Bruxelles-1.121   5/11/2071   EUR   40.329
Metinvest BV        7.750   10/17/2029  USD   50.000
State of North Rhine1.500   6/12/2040   EUR   74.647
Jyske Realkredit A/S1.000   10/1/2053   DKK   70.829
SNCF Reseau         2.000   2/5/2048    EUR   68.567
Kreditanstalt fuer W0.375   5/20/2036   EUR   68.640
University of Leeds 3.125   12/19/2050  GBP   71.915
Royal Schiphol Group0.875   9/8/2032    EUR   74.213
Kuntarahoitus Oyj   0.050   9/10/2035   EUR   66.394
Russian Federal Bond7.100   5/15/2041   RUB   73.040
Nykredit Realkredit 0.500   10/1/2053   DKK   65.309
Deutsche Wohnen SE  1.300   4/7/2041    EUR   54.232
Suek Securities DAC 3.375   9/15/2026   USD   30.000
BNG Bank NV         0.805   6/28/2049   EUR   53.269
SCOR SE             1.375   9/17/2051   EUR   70.451
Nordea Kredit Realkr1.000   10/1/2053   DKK   65.890
Lehman Brothers UK C5.125               EUR   18.602
BAWAG PSK Bank fuer 0.375   3/25/2041   EUR   57.644
NRW Bank            1.250   3/21/2044   EUR   68.752
Societe Du Grand Par0.300   9/2/2036    EUR   63.331
Cie Generale des Eta0.625   11/2/2040   EUR   59.958
Land Berlin         0.625   1/26/2052   EUR   50.370
Deutsche Bahn Financ0.750   7/16/2035   EUR   69.593
Orpea SA            3.000   11/25/2041  EUR   27.042
UK Municipal Bonds A1.625   8/26/2060   GBP   43.170
Saleza AS           9.000   7/12/2021   EUR   0.203
Enagas Financiacione0.375   11/5/2032   EUR   72.888
La Poste SA         0.625   1/18/2036   EUR   64.756
Deutsche Bahn Financ3.100   5/20/2041   AUD   71.200
Diageo Finance PLC  1.250   3/28/2033   GBP   71.504
Dexia Credit Local S4.433               EUR   3.262
Martlet Homes Ltd   3.000   5/9/2052    GBP   66.137
Gazprom PJSC via Gaz4.599               USD   53.000
CCEP Finance Ireland1.500   5/6/2041    EUR   65.898
Tresu Investment Hol7.128   1/2/2025    EUR   44.436
Banco Espirito Santo6.875   7/15/2016   EUR   20.290
Bilt Paper BV       10.360              USD   1.294
Canton of Zurich    0.100   6/23/2045   CHF   67.601
ABN AMRO Bank NV    1.115   3/3/2042    EUR   67.074
Vier Gas Transport G0.500   9/10/2034   EUR   66.129
Credit Agricole Home0.010   11/3/2031   EUR   73.956
Nordea Kredit Realkr1.500   10/1/2053   DKK   66.753
Virgolino de Oliveir11.750  2/9/2022    USD   0.815
Intesa Sanpaolo SpA 4.375   1/12/2048   USD   70.240
University of Southa2.250   4/11/2057   GBP   55.128
Jyske Realkredit A/S1.500   10/1/2050   DKK   72.896
Autobahnen- und Schn0.100   7/16/2035   EUR   67.520
Elli Finance UK PLC 8.750   6/15/2019   GBP   57.445
Gazprom PJSC via Gaz3.500   7/14/2031   USD   65.000
MMC Norilsk Nickel O6.625   10/14/2022  USD   72.031
Royal Schiphol Group0.750   4/22/2033   EUR   72.026
Nordea Kredit Realkr1.500   10/1/2053   DKK   70.456
Deutsche Lichtmiete 5.250   9/1/2025    EUR   3.020
Uliving@essex3 LLP  2.720   8/31/2066   GBP   47.226
Realkredit Danmark A0.500   10/1/2050   DKK   67.402
Southern Gas Network1.250   12/2/2031   GBP   71.827
Saltaire Finance PLC2.711   5/9/2052    GBP   66.852
Havila Shipping ASA 7.760   1/2/2025    NOK   40.000
Societe Du Grand Par1.625   4/8/2042    EUR   68.998
Banco Espirito Santo5.499               EUR   2.270
Nykredit Realkredit 1.000   10/1/2053   DKK   60.258
Avanti Communication9.000   10/1/2022   USD   14.363
VF Ukraine PAT via V6.200   2/11/2025   USD   58.412
Blend Funding PLC   3.459   9/21/2047   GBP   73.571
Housing & Care 21   3.288   11/8/2049   GBP   69.646
Nats En Route PLC   1.750   9/30/2033   GBP   72.305
Bank Gospodarstwa Kr2.000   11/3/2036   EUR   69.205
Gazprom PJSC via Gaz3.250   2/25/2030   USD   69.697
European Financial S1.800   7/10/2048   EUR   71.965
Erste Group Bank AG 0.500   1/12/2037   EUR   65.950
LFA Foerderbank Baye0.050   9/29/2034   EUR   68.226
Land Berlin         0.350   9/9/2050    EUR   46.472
Flagship Finance PLC1.875   7/14/2061   GBP   47.102
Realkredit Danmark A0.500   10/1/2053   DKK   63.332
Communaute Francaise0.625   6/11/2035   EUR   68.503
Societe Generale SA 10.000  6/28/2034   USD   69.250
Bayerische Landesbod0.250   3/21/2036   EUR   67.450
Hamon & CIE SA      3.300   1/31/2035   EUR   46.000
Ukraine Government I4.375   1/27/2032   EUR   16.502
London & Quadrant Ho2.750   7/20/2057   GBP   57.489
BPCE SA             3.582   10/19/2042  USD   67.644
Societe Du Grand Par1.000   11/26/2051  EUR   49.809
Karbon Homes Ltd    3.375   11/15/2047  GBP   74.346
Constellation Automo4.875   7/15/2027   GBP   71.917
Metropolitan Housing1.875   7/28/2036   GBP   66.665
Orpea SA            2.000   8/9/2029    EUR   26.937
Prosus NV           3.832   2/8/2051    USD   60.541
Deutsche Bank AG    0.687   10/11/2049  EUR   41.060
Affinity Water Finan3.278   8/22/2042   GBP   71.399
Ministeries Van de V0.875   3/21/2046   EUR   55.085
Emissionszentrale fu0.150   9/9/2041    CHF   71.507
Nederlandse Watersch0.375   9/28/2046   EUR   51.321
Prosus NV           4.987   1/19/2052   USD   71.534
Jyske Realkredit A/S1.500   10/1/2053   DKK   74.982
RTE Reseau de Transp1.125   9/9/2049    EUR   54.215
Cie Generale des Eta0.250   11/2/2032   EUR   73.743
Gazprom PJSC via Gaz2.950   1/27/2029   USD   67.936
Region Wallonne Belg1.250   6/22/2071   EUR   47.571
Ukraine Government I7.253   3/15/2035   USD   16.958
Region de Bruxelles-1.500   6/22/2070   EUR   48.192
LBI ehf             6.100   8/25/2011   USD   10.166
Turkiye Is Bankasi A8.100   12/3/2029   USD   74.019
New World Resources 8.000   4/7/2020    EUR   0.098
BNG Bank NV         1.550   2/19/2032   AUD   74.309
Ukraine Government I9.750   11/1/2030   USD   18.333
Joh Friedrich Behren6.250   6/18/2024   EUR   29.911
Tinkoff Bank JSC Via6.000               USD   41.669
Nykredit Realkredit 0.500   10/1/2050   DKK   65.417
WD Invest Sarl      1.900   10/2/2024   EUR   11.500
Saltaire Finance PLC1.527   11/23/2051  GBP   50.215
Muenchener Hypotheke0.010   11/2/2040   EUR   54.801
Norwegian Air Shuttl6.510               NOK   70.500
Stobart Finance PLC 2.750   5/8/2024    GBP   71.841
ABN AMRO Bank NV    0.400   9/17/2041   EUR   57.736
Citizen Treasury PLC3.250   10/20/2048  GBP   71.340
Malta Government Bon1.800   8/28/2051   EUR   59.315
Orpea SA            2.300   3/6/2025    EUR   26.909
Credit Agricole SA  1.400   7/28/2031   EUR   74.747
Canary Wharf Group I3.375   4/23/2028   GBP   74.365
Onward Homes Ltd    2.125   3/25/2053   GBP   52.481
DZ Bank AG Deutsche 0.530   7/26/2033   EUR   66.673
European Financial S1.200   2/17/2045   EUR   66.199
Nederlandse Watersch0.500   4/26/2051   EUR   47.786
Cirio Finanziaria Sp8.000   12/21/2005  EUR   0.478
BNG Bank NV         0.250   11/22/2036  EUR   64.912
SRV Group Oyj       4.875               EUR   52.000
Kleopatra Holdings 26.500   9/1/2026    EUR   58.625
Parnassia Groep BV  1.200   12/1/2051   EUR   62.925
Kommunekredit       0.125   9/26/2040   EUR   56.536
Anglo American Capit3.950   9/10/2050   USD   74.479
BNG Bank NV         0.875   10/17/2035  EUR   74.100
Jyske Realkredit A/S0.500   10/1/2050   DKK   67.536
Russian Foreign Bond7.500   3/31/2030   USD   65.210
Deutsche Bahn Financ3.350   1/20/2042   AUD   73.551
State of North Rhine1.000   10/16/2046  EUR   61.646
Catalyst Housing Ltd3.125   10/31/2047  GBP   66.828
Free State of Bavari0.010   1/18/2035   EUR   67.816
Autonomous Community2.965   9/8/2039    JPY   65.113
Landwirtschaftliche 0.625   10/31/2036  EUR   70.228
AXA Bank Europe SCF 0.250   6/9/2040    EUR   57.598
City of Munich Germa0.250   11/18/2032  EUR   73.299
European Financial S0.875   4/10/2035   EUR   74.807
Autonomous Community1.515   6/21/2051   EUR   54.165
Zurich Finance Irela1.600   12/17/2052  EUR   69.985
Alitalia-Societa Aer5.250   7/30/2020   EUR   0.334
London & Quadrant Ho3.125   2/28/2053   GBP   63.911
Espirito Santo Finan9.750   12/19/2025  EUR   0.622
Region de Bruxelles-0.064   2/25/2031   EUR   75.676
ESFIL-Espirito Santo5.250   6/12/2015   EUR   0.111
Stonewater Funding P1.625   9/10/2036   GBP   65.810
Barclays Bank PLC   1.750   9/29/2032   USD   69.674
Lukoil Capital DAC  3.600   10/26/2031  USD   69.866
State of Schleswig-H0.200   8/15/2039   EUR   59.816
Societe Du Grand Par1.700   5/25/2050   EUR   63.742
Realkredit Danmark A0.500   10/1/2050   DKK   65.444
Nestle Finance Inter0.375   12/3/2040   EUR   56.867
Annington Funding PL2.308   10/6/2032   GBP   72.164
MHP Lux SA          6.950   4/3/2026    USD   49.562
Russian Foreign Bond5.100   3/28/2035   USD   41.165
Northern Powergrid Y2.250   10/9/2059   GBP   53.059
DLR Kredit A/S      1.000   10/1/2050   DKK   72.970
Suek Securities DAC 3.375   9/15/2026   USD   30.000
Iberdrola Finanzas S1.000   2/2/2037    EUR   67.760
Schlumberger Finance0.500   10/15/2031  EUR   74.801
Muenchener Hypotheke0.250   3/29/2041   CHF   71.074
Lehman Brothers UK C5.750               EUR   7.000
Heimstaden Bostad AB2.800   5/4/2035    EUR   65.735
Development Bank of 6.750   5/2/2024    USD   41.240
BNG Bank NV         0.875   10/24/2036  EUR   72.391
Banco Espirito Santo7.125   11/28/2023  EUR   0.329
Single Platform Inve4.020   7/1/2052    EUR   59.208
Manchester Airport G2.875   3/31/2039   GBP   70.694
Banco Santander SA  4.390               EUR   0.272
Intesa Sanpaolo SpA 1.400   2/8/2031    GBP   69.650
Peabody Capital No 23.250   9/14/2048   GBP   68.434
Petrobras Global Fin4.750   4/2/2038    EUR   52.883
Blend Funding PLC   3.508   5/4/2057    GBP   69.146
Agence France Locale2.550   3/20/2036   AUD   72.013
Lehman Brothers UK C6.900               USD   3.986
MVM Energetika Zrt  3.250   9/3/2031    HUF   65.000
State of Lower Saxon0.050   3/9/2035    EUR   67.470
Raiffeisenbank AS   0.700   11/15/2031  EUR   73.006
Raiffeisenbank Bulga6.310               EUR   73.967
Alpine Holding GmbH 6.000   5/22/2017   EUR   0.514
Cellnex Finance Co S3.875   7/7/2041    USD   72.111
Mediobanca Banca di 0.010   2/3/2031    EUR   74.101
Land Thueringen     0.125   1/13/2051   EUR   42.170
Credit Suisse Group 4.875   5/15/2045   USD   72.521
Stichting Afwikkelin6.625   5/14/2018   EUR   43.625
DWR Cymru Financing 1.375   3/31/2033   GBP   71.955
de Volksbank NV     0.125   11/19/2040  EUR   55.423
Bromford Housing Gro2.554   3/17/2054   GBP   56.519
Sovcombank Via SovCo7.600               USD   2.350
Vilogia SA d'HLM    1.500   8/7/2034    EUR   72.658
ING Bank NV         0.182   4/21/2033   EUR   72.353
Landesbank Hessen-Th0.500   1/19/2037   EUR   67.939
Platform HG Financin1.625   8/10/2055   GBP   45.295
Pierre Et Vacances S2.000   4/1/2023    EUR   28.654
Phosagro OAO Via Pho3.050   1/23/2025   USD   73.272
Agrokor dd          9.875   5/1/2019    EUR   15.000
Region Wallonne Belg1.130   3/28/2036   EUR   72.116
Alfa Bank AO Via Alf5.500   10/26/2031  USD   3.443
Signa Development Fi5.500   7/23/2026   EUR   68.363
Mallinckrodt Interna10.000  4/15/2025   USD   68.973
Eastern Power Networ1.875   6/1/2035    GBP   70.305
European Financial S1.750   7/17/2053   EUR   67.906
Credit Suisse AG/Lon1.250   2/22/2029   USD   71.937
Prs Finance PLC     1.500   8/24/2034   GBP   72.465
Aeroports de la Cote2.500   7/9/2036    EUR   73.176
Nykredit Realkredit 0.500   10/1/2053   DKK   63.317
Nostrum Oil & Gas Fi7.000   2/16/2025   USD   26.220
Banco Santander SA  0.100   2/27/2032   EUR   72.589
Ahtium PLC          4.000   12/16/2015  EUR   0.586
Romanian Government 2.750   4/14/2041   EUR   57.036
Metinvest BV        8.500   4/23/2026   USD   54.757
Muenchener Hypotheke0.010   10/19/2039  EUR   56.602
Realkredit Danmark A1.500   10/1/2050   DKK   72.876
Republic of Belarus 5.875   2/24/2026   USD   42.137
Credit Suisse AG/Lon20.000  11/29/2024  USD   11.767
Ukraine Government I7.750   9/1/2027    USD   18.169
Russian Foreign Bond5.250   6/23/2047   USD   40.900
Gazprom PJSC via Gaz1.500   2/17/2027   EUR   66.827
KTG Agrar SE        7.250   10/15/2019  EUR   2.002
Privatbank CJSC Via 10.875  2/28/2018   USD   6.722
Deutsche Lichtmiete 5.750   1/1/2023    EUR   2.500
Ukraine Government I7.750   9/1/2024    USD   22.658
Hidrovias Internatio4.950   2/8/2031    USD   70.424
Canton of St Gallen 0.200   11/28/2041  CHF   72.689
British Telecommunic1.774   6/25/2042   GBP   74.023
Mallinckrodt Interna10.000  6/15/2029   USD   54.000
Air Berlin PLC      5.625   5/9/2019    CHF   0.335
Land Berlin         0.125   11/24/2045  EUR   48.675
Intesa Sanpaolo SpA 2.500   10/14/2031  USD   72.049
Autonomous Region of1.095   9/27/2036   EUR   66.244
Bausparkasse Schwaeb0.200   4/27/2033   EUR   72.801
Holcim US Finance Lu2.240   10/15/2031  USD   74.277
Akademiska Hus AB   0.650   2/8/2044    CHF   74.646
Agence Francaise de 0.375   5/25/2036   EUR   64.949
GN Store Nord AS    1.970   3/3/2036    EUR   71.713
LiveWest Treasury PL1.875   2/18/2056   GBP   48.906
SABIC Capital I BV  3.000   9/14/2050   USD   71.272
Societe Generale SA 8.000   11/30/2032  USD   71.000
LIB-Landesimmobilien0.620   7/15/2041   EUR   60.149
Assa Abloy AB       0.650   8/28/2034   EUR   69.405
RHP Finance PLC     3.250   2/5/2048    GBP   72.582
Aggregate Holdings S5.500   5/17/2024   EUR   37.796
Banco Espirito Santo6.900   6/28/2024   EUR   19.340
Deutsche Lichtmiete 5.250   2/1/2027    EUR   3.550
Orpea SA            3.144   12/22/2025  EUR   26.950
Cadent Finance PLC  3.125   3/21/2040   GBP   69.879
Nordea Kredit Realkr0.500   10/1/2043   DKK   74.386
Mobile Telesystems O5.000   5/30/2023   USD   27.699
Land Baden-Wuerttemb0.010   7/9/2032    EUR   74.034
SNCF Reseau         0.750   5/25/2036   EUR   68.856
Rallye SA           1.000   2/28/2032   EUR   3.407
Realkredit Danmark A0.500   10/1/2053   DKK   65.259
Wessex Water Service1.250   1/12/2036   GBP   60.651
Nestle Finance Inter0.625   2/14/2034   EUR   72.527
State of Lower Saxon0.250   4/15/2036   EUR   66.954
Jyske Realkredit A/S1.500   10/1/2053   DKK   70.454
Luzerner Kantonalban0.150   10/7/2044   CHF   65.217
MFB Magyar Fejleszte4.200   4/20/2033   HUF   67.286
Ile-de-France Mobili0.675   11/24/2036  EUR   67.090
Deutsche Telekom AG 3.625   1/21/2050   USD   74.710
EDOB Abwicklungs AG 7.500   4/1/2012    EUR   1.537
Nordea Kredit Realkr0.500   10/1/2050   DKK   65.578
Cirio Finance Luxemb7.500   11/3/2002   EUR   2.530
Herens Midco Sarl   5.250   5/15/2029   EUR   68.542
Standard Profil Auto6.250   4/30/2026   EUR   61.800
Ministeries Van de V0.125   10/15/2035  EUR   64.200
Raiffeisenlandesbank0.500   1/22/2035   EUR   69.768
Free State of Saxony0.400   5/12/2036   EUR   68.407
Motability Operation1.500   1/20/2041   GBP   57.610
Credit Agricole Corp1.550   9/8/2031    AUD   71.431
State of North Rhine0.375   9/2/2050    EUR   46.927
Nationale-Nederlande0.050   9/24/2035   EUR   64.910
Norwegian Air Shuttl6.510               NOK   70.500
Veneto Banca SpA    9.878   12/1/2025   EUR   0.054
Credit Suisse Intern9.500   3/24/2026   UAH   44.660
Intesa Sanpaolo SpA 2.700   3/29/2031   USD   73.875
Sveriges Sakerstalld0.750   6/9/2032    SEK   75.086
Evraz PLC           5.250   4/2/2024    USD   52.987
State of Hesse      0.750   8/4/2036    EUR   71.564
BPCE SFH SA         0.500   1/23/2035   EUR   70.196
Ukraine Government I7.750   9/1/2025    USD   20.411
Luzerner Kantonalban0.160   12/23/2043  CHF   66.793
Realkredit Danmark A1.500   10/1/2053   DKK   66.638
Credit Agricole Publ0.125   12/8/2031   EUR   74.756
Midland Heart Capita1.831   8/12/2050   GBP   50.486
Cooperatieve Raboban0.010   11/27/2040  EUR   54.242
Norske Skogindustrie2.000   12/30/2115  EUR   0.113
Cooperatieve Raboban0.500   10/29/2027  MXN   61.113
Region Occitanie    1.109   3/7/2035    EUR   73.534
Banca Popolare di Vi9.500   9/29/2025   EUR   0.380
FF Group Finance Lux3.250   11/2/2021   CHF   5.604
Credit Agricole Ital0.125   3/15/2033   EUR   68.408
Salerno Pompei Napol2.800   1/19/2045   EUR   67.656
Republic of Ireland 0.740   11/27/2120  EUR   26.451
Republic of Poland G1.750   4/25/2032   PLN   68.022
Region de Bruxelles-0.274   12/11/2040  EUR   52.909
National Grid Electr0.010   3/26/2036   GBP   74.820
Espirito Santo Finan3.125   12/2/2018   EUR   0.622
NAK Naftogaz Ukraine7.625   11/8/2026   USD   18.904
Muenchener Hypotheke0.125   9/5/2035    EUR   66.590
Ukraine Government I7.750   9/1/2028    USD   18.167
Nykredit Realkredit 1.500   10/1/2053   DKK   66.734
Jain International T7.125   2/1/2022    USD   21.798
A-TEC Industries AG 8.750   10/27/2014  EUR   0.100
Cooperatieve Raboban0.500   10/30/2043  MXN   11.615
Cirio Del Monte NV  7.750   3/14/2005   EUR   0.285
Siemens Financiering2.875   3/11/2041   USD   74.558
Transports Publics D0.450   12/29/2056  CHF   59.600
Ministeries Van de V1.500   4/11/2044   EUR   66.581
Jyske Realkredit A/S2.000   10/1/2053   DKK   74.275
Magyar Export-Import2.000   10/27/2027  HUF   65.399
Quintet Private Bank3.650   11/13/2023  EUR   4.460
Ministeries Van de V1.000   10/13/2036  EUR   71.152
MHP Lux SA          6.250   9/19/2029   USD   47.691
Standard Chartered B3.000   4/30/2036   AUD   70.628
British Telecommunic3.924   6/25/2042   GBP   70.519
Ukraine Government I7.375   9/25/2034   USD   16.710
Heimstaden Bostad AB2.800   5/4/2035    EUR   66.238
Metinvest BV        7.650   10/1/2027   USD   53.306
Solon SE            1.375   12/6/2012   EUR   0.745
Free and Hanseatic C0.010   11/5/2035   EUR   65.576
State of Rhineland-P0.375   3/10/2051   EUR   46.604
Caisse Francaise de 0.500   10/1/2046   EUR   52.677
Polski Fundusz Rozwo2.000   3/5/2030    PLN   71.376
Republic of Belarus 6.378   2/24/2031   USD   33.675
National Grid Electr1.625   10/7/2035   GBP   65.710
Credit Bank of Mosco4.700   1/29/2025   USD   25.835
Cooperatieve Raboban0.500   7/30/2043   MXN   13.176
Abengoa Abenewco 2 B1.500   4/26/2024   USD   0.570
GN Store Nord AS    3.200   11/26/2036  GBP   71.724
Telenor ASA         0.875   2/14/2035   EUR   69.994
State of Saxony-Anha0.500   3/24/2051   EUR   49.125
Aroundtown SA       3.250   11/12/2032  EUR   62.326
Kernel Holding SA   6.500   10/17/2024  USD   48.360
Prosus NV           4.027   8/3/2050    USD   62.983
Deutsche Bank AG    1.750   10/30/2028  USD   73.840
Romania Government B3.650   9/24/2031   RON   74.899
Credit Bank of Mosco3.875   9/21/2026   USD   30.480
Region de Bruxelles-0.765   7/15/2052   EUR   45.715
Region de Bruxelles-1.220   6/23/2053   EUR   54.667
BNG Bank NV         0.010   10/5/2032   EUR   72.721
Irish Bank Resolutio0.566   6/21/2016   EUR   0.679
Canton of Geneva Swi0.600   7/4/2046    CHF   73.855
Grand City Propertie2.000   10/25/2032  EUR   68.063
Stichting Afwikkelin5.143               EUR   46.000
Societe Du Grand Par0.875   5/10/2046   EUR   54.164
Interpipe Holdings P8.375   5/13/2026   USD   47.250
Landwirtschaftliche 0.010   11/26/2040  EUR   55.544
National Grid Electr1.608   8/24/2040   GBP   46.761
Ile-de-France Mobili1.275   2/14/2042   EUR   65.210
Offshore Drilling Ho8.375   9/20/2020   USD   2.689
Serbia International2.125   12/1/2030   USD   73.799
Incommunities Treasu3.250   3/21/2049   GBP   72.058
SES SA              5.300   4/4/2043    USD   74.841
SCF Capital Designat5.375   6/16/2023   USD   20.278
Credit Agricole Home1.500   9/28/2038   EUR   75.047
Paradigm Homes Chari2.250   5/20/2051   GBP   56.779
Pfandbriefbank schwe0.375   9/23/2043   CHF   70.965
Deutsche Bank AG    1.580   10/23/2031  EUR   74.251
Orange SA           1.200   7/11/2034   EUR   71.946
Bayerische Landesban1.550   2/13/2040   EUR   53.559
Havenbedrijf Rotterd1.100   3/23/2051   EUR   58.024
State of Bremen     0.450   2/24/2051   EUR   47.581
Aroundtown SA       2.970   9/26/2033   EUR   58.033
Eurogrid GmbH       0.875   11/20/2040  EUR   61.319
Takarek Mortgage Ban3.000   10/22/2031  HUF   63.600
Alpine Holding GmbH 5.250   7/1/2015    EUR   0.514
Serbia International2.050   9/23/2036   EUR   58.655
State of North Rhine0.500   11/25/2039  EUR   62.670
Russian Foreign Bond5.875   9/16/2043   USD   60.762
CBo Territoria      3.750   7/1/2024    EUR   4.700
Dexia SA            4.292               EUR   2.874
Realkredit Danmark A2.000   10/1/2053   DKK   74.307
European Financial S1.450   9/5/2040    EUR   73.815
Raiffeisen-Landesban0.500   5/27/2041   EUR   58.623
Credit Suisse Group 4.875   5/15/2045   USD   72.528
Ukraine Government I11.670  11/22/2023  UAH   79.672
Hungary Government B4.750   11/24/2032  HUF   74.298
Schoeller Packaging 6.375   11/1/2024   EUR   72.137
Department of L'Eure0.515   5/25/2040   EUR   58.142
Havila Shipping ASA 7.010   1/2/2025    NOK   40.000
Niedersachsen Invest0.250   7/16/2035   EUR   68.810
City of Zurich Switz0.400   11/21/2046  CHF   70.457
Free and Hanseatic C0.250   2/18/2041   EUR   57.655
Master & Fellows of 3.068   4/28/2065   GBP   58.319
Romanian Government 3.375   1/28/2050   EUR   58.334
Erilia SA           1.570   2/25/2038   EUR   74.671
Serbia International1.500   6/26/2029   EUR   74.507
Romanian Government 3.875   10/29/2035  EUR   74.637
State of Saarland   0.050   11/5/2040   EUR   55.785
Land Berlin         0.125   6/4/2035    EUR   67.590
Banco Espirito Santo5.679               EUR   0.295
Ministeries Van de V1.863   2/28/2048   EUR   65.663
Takarek Mortgage Ban2.600   10/22/2028  HUF   69.500
Takarek Mortgage Ban3.000   1/28/2036   HUF   55.500
Republic of Ireland 0.995   2/24/2121   EUR   34.674
Muenchener Hypotheke1.420   4/20/2038   EUR   73.632
State of North Rhine0.800   7/30/2049   EUR   55.409
DekaBank Deutsche Gi1.100   11/25/2030  EUR   71.753
Hungary Government I3.125   9/21/2051   USD   60.129
Credit Suisse AG/Lon2.600   1/27/2032   USD   68.032
Nykredit Realkredit 1.000   10/1/2050   DKK   67.058
Gazprom PJSC via Gaz1.850   11/17/2028  EUR   59.690
State Agency of Road6.250   6/24/2030   USD   17.325
Region Wallonne Belg0.500   6/22/2037   EUR   63.206
Banco Santander SA  1.000   10/1/2033   EUR   71.369
Nederlandse Gasunie 0.750   10/13/2036  EUR   64.573
Malta Government Bon1.400   8/20/2046   EUR   59.154
Clarion Funding PLC 1.250   11/13/2032  GBP   70.017
Landesbank Hessen-Th1.383   3/28/2042   EUR   70.645
FNG Benelux Holding 5.000   8/28/2023   EUR   1.000
DZ Bank AG Deutsche 1.576   7/22/2030   EUR   74.055
Credit Suisse AG/Lon2.300   9/24/2031   USD   67.142
Evraz PLC           5.375   3/20/2023   USD   49.442
Abengoa Abenewco 2 S1.500   10/26/2024  USD   1.113
NRW Bank            0.500   6/17/2041   EUR   60.786
VST Building Technol7.000   6/28/2024   EUR   0.231
Canton of Geneva Swi0.250   6/15/2040   CHF   73.764
Ukraine Government I7.750   9/1/2029    USD   18.333
Russian Foreign Bond4.750   5/27/2026   USD   43.608
Free and Hanseatic C0.200   9/3/2049    EUR   45.258
Kommunekredit       0.875   11/3/2036   EUR   71.975
Nomura Bank Internat1.450   12/10/2041  EUR   61.742
Free State of Saxony0.010   12/17/2035  EUR   65.359
Free State of Bavari0.010   3/28/2036   EUR   64.675
UniCredit Bank Austr0.050   9/21/2035   EUR   64.675
Kommunekredit       0.500   7/30/2027   TRY   30.196
Hospices Civils de L0.597   11/24/2031  EUR   72.234
Abengoa Abenewco 2 S1.500   10/26/2024  USD   0.813
EOS Imaging SA      6.000   5/31/2023   EUR   7.250
Raiffeisen Bank Inte0.700   12/6/2029   EUR   74.209
Russian Foreign Bond4.375   3/21/2029   USD   41.485
Single Platform Inve1.220   8/24/2047   EUR   58.802
Ile-de-France Mobili0.950   5/28/2041   EUR   62.165
Grand Delta Habitat 1.285   11/6/2040   EUR   63.022
ESB Finance DAC     1.875   7/21/2035   GBP   70.717
LSEGA Financing PLC 3.200   4/6/2041    USD   75.190
Motability Operation2.375   7/3/2039    GBP   69.751
BPCE SA             4.979               EUR   68.610
Penarian Housing Fin3.212   6/7/2052    GBP   69.971
Nordea Kredit Realkr0.500   10/1/2053   DKK   65.460
State of North Rhine1.960   1/24/2079   EUR   66.587
Autonomous Community1.655   10/31/2050  EUR   58.616
PJSC Koks via IMH Ca5.900   9/23/2025   USD   7.825
Ville de Paris      0.450   10/20/2045  EUR   49.964
Comunidad Foral de N1.800   3/25/2042   EUR   69.223
City of Lausanne Swi0.540   11/6/2062   CHF   49.882
Altice France Holdin4.000   2/15/2028   EUR   68.182
Achmea Bank NV      0.250   9/29/2036   EUR   65.181
Caisse Francaise de 0.375   2/13/2040   EUR   59.226
Optivo Finance PLC  3.283   3/22/2048   GBP   68.760
Celtic Resources Hol4.125   10/9/2024   USD   12.324
Land Berlin         0.625   8/25/2036   EUR   69.987
Bank Nadra Via NDR F8.250   7/31/2018   USD   0.208
Italy Buoni Polienna2.150   9/1/2052    EUR   61.559
Pershing Square Hold3.000   7/15/2032   USD   73.164
Paragon Treasury Plc2.000   5/7/2036    GBP   68.965
Pfandbriefbank schwe0.250   10/6/2042   CHF   70.005
Ministeries Van de V1.000   1/23/2051   EUR   52.837
Foodco Bondco SA    6.250   5/15/2026   EUR   43.734
Privatbank CJSC Via 11.000  2/9/2021    USD   1.000
Batigere Grand Est S1.500   12/15/2051  EUR   59.131
ABN AMRO Bank NV    0.375   1/14/2035   EUR   69.980
UniCredit Bank Austr0.150   4/29/2033   EUR   70.281
Serbia International1.650   3/3/2033    EUR   64.061
Solarworld AG       9.691   2/24/2019   EUR   14.875
Barclays Bank PLC   5.000   11/1/2029   BRL   61.071
EVN AG              0.850   10/15/2035  EUR   66.428
Region de Bruxelles-1.500   4/5/2037    EUR   74.833
Pfandbriefbank schwe0.250   5/17/2040   CHF   72.606
Banque Cantonale de 0.100   11/1/2044   CHF   63.148
Kommunekredit       0.625   11/21/2039  EUR   64.884
Pershing Square Hold3.000   7/15/2032   USD   73.164
Nestle Hungaria Kft 1.750   5/31/2028   HUF   69.500
Sibur Securities DAC2.950   7/8/2025    USD   68.370
Romanian Government 4.000   2/14/2051   USD   69.011
Ministeries Van de V1.875   6/2/2042    EUR   73.666
Societe Generale SA 2.000   1/30/2036   USD   60.764
MFB Magyar Fejleszte4.600   10/24/2029  HUF   74.345
NRW Bank            0.420   2/8/2039    EUR   63.140
Kingdom of Belgium G1.400   6/22/2053   EUR   60.415
NRW Bank            1.200   3/28/2039   EUR   72.045
Ukraine Government I8.994   2/1/2026    USD   18.606
Single Platform Inve1.448   7/25/2053   EUR   60.631
Republic of Ireland 1.425   9/18/2119   EUR   47.114
Magyar Export-Import2.500   5/23/2029   HUF   66.928
Russian Foreign Bond2.875   12/4/2025   EUR   39.464
Borets Finance DAC  6.000   9/17/2026   USD   42.913
JAB Holdings BV     4.500   4/8/2052    USD   74.031
Prosus NV           2.778   1/19/2034   EUR   72.218
State of Bremen     0.500   5/6/2041    EUR   60.163
Ministeries Van de V1.500   7/12/2038   EUR   73.606
Societe Generale SA 11.000  6/15/2035   USD   67.450
VTB Bank OJSC Via VT6.250   6/30/2035   USD   22.822
ALROSA Finance SA   4.650   4/9/2024    USD   11.457
Norddeutsche Landesb0.900   7/5/2032    EUR   71.095
Region of Centre-Val0.711   11/2/2036   EUR   67.964
Grand City Propertie2.081   8/8/2034    EUR   72.919
Deutsche Wohnen SE  2.000   3/28/2034   EUR   68.727
Gemeente Bergen OP Z0.440   9/20/2044   EUR   54.708
Novolipetsk Steel Vi1.450   6/2/2026    EUR   68.525
Aegon Bank NV       0.375   6/9/2036    EUR   66.907
Kreditanstalt fuer W1.000   10/19/2050  EUR   59.998
MMK International Ca4.375   6/13/2024   USD   26.437
Ukraine Government I15.840  2/26/2025   UAH   68.986
Haya Holdco 2 PLC   11.698  11/30/2025  EUR   38.681
Republic of Belarus 7.625   6/29/2027   USD   41.846
Credit Suisse AG/Lon2.920   5/8/2034    EUR   66.360
Alfa Bank AO Via Alf5.950   4/15/2030   USD   3.030
Banca Popolare di Vi2.821   12/20/2017  EUR   0.396
Tennor Finance BV   5.750   6/17/2024   EUR   70.000
DZ Bank AG Deutsche 0.180   6/18/2031   EUR   73.616
Transmission Finance2.701   10/16/2037  EUR   73.247
Blend Funding PLC   2.467   6/16/2061   GBP   51.379
Sovcombank Via SovCo7.750               USD   3.379
Gazprom PJSC via Gaz3.897               EUR   52.376
DLR Kredit A/S      1.000   10/1/2050   DKK   68.583
Ramfort GmbH        6.750   3/15/2026   EUR   72.386
Societe Generale SA 10.000  6/28/2034   USD   58.250
Diebold Nixdorf Dutc9.000   7/15/2025   EUR   66.088
LSF9 Balta Issuer SA3.000   12/31/2030  EUR   61.413
British Telecommunic3.883   6/25/2039   GBP   72.976
Finmek International7.000   12/3/2004   EUR   2.193
Abengoa Abenewco 1 S6.000   6/10/2022   EUR   0.434
Muenchener Hypotheke0.250   5/2/2036    EUR   66.246
Southern Housing Gro3.500   10/19/2047  GBP   71.051
DZ Bank AG Deutsche 0.500   2/24/2031   EUR   72.378
State of Brandenburg0.125   1/26/2046   EUR   48.478
Societe Generale SFH0.280   9/14/2032   EUR   74.013
La Banque Postale Ho0.250   2/12/2035   EUR   68.011
Russian Foreign Bond5.625   4/4/2042    USD   63.504
International Financ0.500   6/29/2027   ZAR   67.322
Romanian Government 2.000   4/14/2033   EUR   66.238
Metinvest BV        5.625   6/17/2025   EUR   56.000
Swissgrid AG        0.050   6/30/2050   CHF   51.584
Orbit Capital PLC   3.500   3/24/2045   GBP   73.181
Pfandbriefbank schwe0.500   1/25/2044   CHF   72.796
Kreditanstalt fuer W1.100   9/16/2051   EUR   61.544
Romanian Government 2.000   1/28/2032   EUR   68.985
Transcapitalbank JSC10.000              USD   61.415
BPCE SFH SA         0.375   3/18/2041   EUR   57.768
Ukraine Government I6.876   5/21/2031   USD   16.991
Malta Government Bon1.500   10/22/2045  EUR   59.690
Raiffeisen Landesban0.375   11/13/2034  EUR   69.796
Region de Bruxelles-1.400   3/11/2054   EUR   52.421
Futureal Development4.000   3/23/2031   HUF   64.000
Italy Buoni Polienna0.950   6/1/2032    EUR   74.461
Ideal Standard Inter6.375   7/30/2026   EUR   54.825
HSBC Holdings PLC   0.950   12/9/2032   EUR   73.697
Caisse des Depots et0.398   12/15/2050  EUR   42.008
Credit Agricole SA  4.400   2/24/2042   AUD   65.252
ACCIONA Financiacion3.000   12/2/2039   EUR   72.367
Sidetur Finance BV  10.000  4/20/2016   USD   0.394
Kelag-Kaerntner Elek1.150   4/16/2041   EUR   59.963
St Galler Kantonalba0.100   10/10/2041  CHF   67.672
Grenke Finance PLC  0.819   2/15/2030   EUR   64.994
Ville de Paris      0.831   2/23/2056   EUR   41.905
Free and Hanseatic C0.400   11/23/2051  EUR   46.185
State of Rhineland-P1.500   4/25/2052   EUR   66.442
Hylea Group SA      7.250   12/1/2022   EUR   0.300
DLR Kredit A/S      1.500   10/1/2053   DKK   71.568
Muenchener Hypotheke0.400   8/11/2031   EUR   71.702
Hacienda Investments5.350   2/8/2028    USD   49.980
CDC Habitat SEM     0.853   2/15/2041   EUR   59.940
Region Provence-Alpe1.574   6/8/2037    EUR   74.025
SNCF Reseau         1.500   5/29/2037   EUR   74.938
Del Monte Finance Lu6.625   5/24/2006   EUR   1.000
Land Thueringen     0.100   7/9/2035    EUR   67.101
Luzerner Kantonalban0.250   8/28/2040   CHF   71.376
City of Lausanne Swi0.600   11/30/2056  CHF   58.100
Alpine Holding GmbH 5.250   6/10/2016   EUR   0.514
La Banque Postale Ho0.640   1/27/2042   EUR   62.868
Region Wallonne Belg1.600   3/29/2039   EUR   71.171
Sibur Securities DAC3.450   9/23/2024   USD   62.081
Sibur Securities DAC4.125   10/5/2023   USD   62.597
Channel Link Enterpr3.848   6/30/2050   GBP   67.499
Nordea Kredit Realkr2.000   10/1/2053   DKK   74.272
Raiffeisenlandesbank0.375   1/15/2035   EUR   68.539
Region Wallonne Belg1.865   5/10/2051   EUR   64.656
HYPO NOE Landesbank 1.605   8/23/2046   EUR   69.931
Affinity Water Finan0.230   11/22/2042  GBP   67.922
Credit Agricole Ital1.750   1/15/2038   EUR   74.563
Region de Bruxelles-0.592   12/10/2061  EUR   34.093
Norske Skog Holding 8.000   2/24/2021   EUR   0.006
Sanctuary Capital PL2.481   11/12/2037  GBP   70.639
Sberbank of Russia V5.125   10/29/2022  USD   32.667
Communaute Francaise1.040   7/19/2101   EUR   42.043
HSE Finance Sarl    5.625   10/15/2026  EUR   51.500
Credit Agricole Ital1.000   1/17/2045   EUR   57.298
Island Offshore Ship5.680   6/30/2024   NOK   30.000
Orbit Capital PLC   3.375   6/14/2048   GBP   69.921
Kreditanstalt fuer W0.890   3/10/2041   EUR   66.559
Compact Bidco BV    5.750   5/1/2026    EUR   74.946
Realkredit Danmark A0.500   10/1/2043   DKK   74.224
State of Rhineland-P0.375   7/20/2048   EUR   47.571
Portugal Telecom Int6.250   7/26/2016   EUR   0.285
Societe Generale SA 25.260  10/30/2025  USD   14.540
Windreich GmbH      6.500   7/15/2016   EUR   2.780
Romanian Government 3.500   4/3/2034    EUR   74.183
Region of Pays de la0.877   10/28/2041  EUR   62.371
Endo Luxembourg Fina6.125   4/1/2029    USD   74.500
Severstal OAO Via St3.150   9/16/2024   USD   4.564
Land Thueringen     0.200   9/12/2039   EUR   59.618
AXA Home Loan SFH SA0.125   6/25/2035   EUR   66.055
HSE Finance Sarl    8.404   10/15/2026  EUR   53.889
Land Baden-Wuerttemb0.125   11/19/2040  EUR   56.444
Spain Government Bon1.900   10/31/2052  EUR   63.010
Region Wallonne Belg1.000   9/16/2059   EUR   42.624
Jyske Realkredit A/S1.500   10/1/2053   DKK   66.723
Thames Water Utiliti2.060   11/12/2030  USD   74.090
Bank of Valletta PLC3.750   6/15/2031   EUR   71.288
Nationwide Building 0.485   7/11/2044   CHF   69.471
State of Bremen     1.000   5/27/2039   EUR   69.450
Jyske Realkredit A/S0.500   10/1/2050   DKK   65.462
Abengoa Abenewco 1 S6.000   6/10/2022   EUR   0.434
Sairgroup Finance BV4.375   6/8/2006    EUR   1.964
Kantonsspital St Gal0.300   9/30/2036   CHF   73.557
Credit Suisse AG/Lon3.200   3/24/2032   USD   70.498
State of Bremen     0.150   9/14/2040   EUR   56.639
Joh Friedrich Behren7.750   11/11/2020  EUR   30.050
Republic of Ireland 2.045   3/22/2075   EUR   70.961
Bayerische Landesban1.850   3/5/2031    EUR   72.651
DZ Bank AG Deutsche 1.055   3/11/2031   EUR   70.310
Bellis Finco PLC    4.000   2/16/2027   GBP   70.854
La Financiere Atalia6.625   5/15/2025   GBP   67.585
UBS AG/London       6.380   6/7/2023    USD   9.690
Assistance Publique 1.099   4/6/2071    EUR   38.457
Credit Suisse AG/Lon5.100   6/8/2041    USD   71.803
State of North Rhine1.850   3/18/2089   EUR   56.384
Romanian Government 4.625   4/3/2049    EUR   72.487
Norwegian Air Shuttl7.500   11/10/2023  USD   73.375
City of Lausanne Swi0.050   9/28/2054   CHF   47.881
BASF SE             1.025   8/13/2048   JPY   68.997
Frigoglass Finance B6.875   2/12/2025   EUR   27.989
Nederlandse Watersch1.900   1/31/2035   AUD   69.590
Landesbank Hessen-Th9.968   11/16/2033  EUR   71.200
Kuntarahoitus Oyj   0.940   6/9/2064    EUR   58.705
ESB Finance DAC     2.000   4/17/2044   EUR   67.446
Autonomous Community2.300   5/24/2049   EUR   68.389
Credit Bank of Mosco7.500   10/5/2027   USD   20.563
Pfandbriefbank schwe0.250   3/15/2041   CHF   71.616
Land Berlin         0.050   8/6/2040    EUR   55.639
SAir Group          0.125   7/7/2005    CHF   11.375
Orbit Capital PLC   2.000   11/24/2038  GBP   63.651
Credit Suisse AG/Lon11.500  9/25/2023   CHF   55.240
Jyske Realkredit A/S1.000   10/1/2053   DKK   60.265
Eurochem Finance DAC5.500   3/13/2024   USD   58.469
JAB Holdings BV     3.750   5/28/2051   USD   64.818
Ile-de-France Mobili0.200   11/16/2035  EUR   64.659
Ville de Paris      0.650   11/25/2070  EUR   33.170
Societe Generale SA 26.640  10/30/2025  USD   8.000
German Pellets GmbH 7.250   7/9/2018    EUR   1.507
State of Bremen     0.102   2/7/2033    EUR   72.853
Kommunekredit       0.010   5/4/2034    EUR   68.703
Kreditanstalt fuer W0.980   2/9/2042    EUR   67.772
Bpifrance SACA      1.046   5/25/2050   EUR   52.539
Region de Bruxelles-1.100   6/22/2066   EUR   45.666
Unibail-Rodamco-West2.000   12/5/2033   EUR   70.836
State of Saarland   1.108   5/18/2046   EUR   63.444
Phosagro OAO Via Pho2.600   9/16/2028   USD   55.500
Sovcombank Via SovCo3.400   1/26/2025   USD   2.185
Nobel Bidco BV      3.125   6/15/2028   EUR   69.917
Deutsche Bahn Financ1.850   11/23/2043  EUR   69.681
Wrekin Housing Group2.500   10/22/2048  GBP   59.578
Laboratoire Eimer Se5.000   2/1/2029    EUR   72.489
Northern Electric Fi2.750   5/24/2049   GBP   64.732
Walliser Kantonalban0.010   3/12/2035   CHF   74.588
DNB Bank ASA        1.185   1/14/2038   EUR   66.663
Finance and Credit B9.250   1/25/2019   USD   0.001
City of Bern Switzer0.040   10/2/2070   CHF   41.939
Wingholding Zrt     3.500   5/20/2030   HUF   72.220
Bulgaria Steel Finan12.000  5/4/2013    EUR   0.216
State of Brandenburg0.750   8/8/2036    EUR   71.425
NRW Bank            1.150   9/16/2051   EUR   61.922
Assistance Publique 1.750   11/27/2041  EUR   71.530
Region of Ile de Fra0.610   7/2/2040    EUR   59.407
Region de Bruxelles-0.562   12/23/2065  EUR   29.017
Canton of Geneva Swi0.500   10/31/2056  CHF   63.682
Dtek Renewables Fina8.500   11/12/2024  EUR   40.076
Caisse Francaise de 0.010   10/19/2035  EUR   63.735
DekaBank Deutsche Gi0.400   1/29/2035   EUR   70.896
Virgolino de Oliveir10.500  1/28/2018   USD   0.809
OGX Austria GmbH    8.500   6/1/2018    USD   0.486
Deutsche Telekom AG 3.500   4/15/2041   AUD   70.696
Deutsche Pfandbriefb3.100   9/7/2046    USD   68.094
UniCredit Bank AG   0.010   1/21/2036   EUR   64.542
Societe Nationale SN1.280   3/27/2120   EUR   32.714
MMB SCF SACA        0.010   9/20/2031   EUR   74.052
SNCF Reseau         0.350   7/25/2047   EUR   73.992
State of Brandenburg0.500   11/21/2039  EUR   62.855
Caisse Francaise de 0.625   1/20/2042   EUR   59.862
Elecnor SA          3.025   9/30/2035   EUR   74.751
Nordea Kredit Realkr1.500   10/1/2050   DKK   72.895
Canton of Geneva Swi0.050   8/27/2041   CHF   69.263
Ukraine Government I7.375   9/25/2034   USD   16.747
Societe Generale SA 3.920   12/9/2036   AUD   70.412
Concessio Estacions 3.520   12/31/2037  EUR   74.893
German Pellets GmbH 7.250   11/27/2019  EUR   1.507
Norske Skog Holding 8.000   2/24/2021   EUR   0.006
Corporate Commercial8.250   8/8/2014    USD   0.308
Societe Generale SA 8.760   9/5/2025    USD   73.000
Hemso Fastighets AB 2.615   11/30/2043  EUR   69.458
Nykredit Realkredit 1.000   10/1/2050   DKK   70.097
Muenchener Hypotheke0.550   2/18/2046   CHF   61.710
Credit Agricole SA  3.750   6/9/2040    AUD   67.476
Elia Transmission Be1.560   1/30/2044   EUR   71.026
Ukraine Government I9.790   5/26/2027   UAH   52.185
Landesbank Baden-Wue4.984   1/30/2034   EUR   70.710
Kuntarahoitus Oyj   1.200   7/21/2061   EUR   59.579
French Republic Gove0.750   5/25/2053   EUR   50.201
Raiffeisen Landesban0.250   3/4/2036    EUR   65.477
Morhomes PLC        2.508   2/19/2051   GBP   56.665
Land Baden-Wuerttemb1.125   7/25/2036   EUR   74.758
Agence Metropolitain0.750   5/25/2034   EUR   73.870
Region of Pays de la1.200   3/15/2035   EUR   74.260
Norddeutsche Landesb1.560   10/20/2038  EUR   64.850
Ukraine Government B19.750  5/21/2025   UAH   72.716
Republic of Ireland 0.835   7/8/2080    EUR   38.711
Basque Government   1.300   4/30/2035   EUR   73.894
Deutsche Bank AG    0.710   9/24/2031   EUR   70.734
Kommunekredit       0.375   2/3/2045    DKK   53.157
Romanian Government 3.375   2/8/2038    EUR   67.907
Cordia International3.000   7/27/2030   HUF   62.000
Stelius Befektetoe Z3.100   9/17/2030   HUF   66.500
Senivita Social Esta6.500   5/12/2025   EUR   3.530
DekaBank Deutsche Gi7.650   3/10/2023   EUR   28.710
Romanian Government 2.875   4/13/2042   EUR   56.907
Credit Agricole Ital0.750   1/20/2042   EUR   57.677
Landesbank Hessen-Th0.350   5/27/2031   EUR   72.303
ALROSA Finance SA   3.100   6/25/2027   USD   7.994
Autostrade per l'Ita3.625   6/9/2038    EUR   72.600
Bayerische Landesban1.820   5/12/2031   EUR   72.030
Mondelez Internation1.250   9/9/2041    EUR   61.845
Europejskie Centrum 12.950  4/14/2023   PLN   72.558
Evan Group PLC      6.000   7/31/2022   EUR   19.000
Caixa Economica Mont5.738               EUR   51.630
Serbia Treasury Bond1.500   3/26/2033   EUR   73.728
DLR Kredit A/S      1.000   10/1/2053   DKK   71.580
Region of Veneto Ita2.556   12/7/2046   EUR   74.099
Raiffeisenlandesbank1.650   8/23/2046   EUR   70.384
Morgan Stanley & Co 1.105   6/18/2041   EUR   59.548
Credit Suisse AG/Lon0.875   5/21/2031   EUR   62.250
Credit Bank of Mosco8.875               USD   19.698
Communaute Francaise0.782   2/8/2061    EUR   38.628
Single Platform Inve0.946   5/25/2036   EUR   66.968
Gold-Zack AG        7.000   12/14/2005  EUR   4.201
Societe Generale SA 27.300  10/20/2025  USD   14.100
Portugal Telecom Int5.242   11/6/2017   EUR   0.694
United Kingdom Gilt 1.125   10/22/2073  GBP   40.041
Wirtschafts- und Inf0.500   8/28/2046   EUR   50.959
Ville de Paris      0.750   11/30/2041  EUR   59.111
State of Brandenburg0.050   8/10/2040   EUR   55.728
National Grid Electr1.690   9/16/2041   GBP   53.743
Ukraine Government I15.840  2/26/2025   UAH   68.986
State of Lower Austr0.460   10/8/2049   EUR   46.073
DZ Bank AG Deutsche 1.850   2/19/2049   EUR   72.554
Hemso Fastighets AB 2.680   7/10/2035   AUD   69.074
Kreditanstalt fuer W0.620   1/14/2050   EUR   51.454
Nordea Kredit Realkr0.500   10/1/2053   DKK   63.350
Region de Bruxelles-0.444   3/19/2057   EUR   34.421
ING Bank NV         2.250   2/26/2036   USD   71.506
Thames Water Utiliti2.442   5/12/2050   GBP   51.467
Caisse Francaise de 1.640   7/10/2048   EUR   70.082
Stadt Graz          1.878   10/31/2046  EUR   71.725
Air Berlin Finance B8.500   3/6/2019    EUR   0.241
State of Lower Austr1.800   3/9/2043    EUR   73.590
Romanian Government 2.124   7/16/2031   EUR   71.083
BOA Offshore AS     0.409   7/17/2047   NOK   2.344
Pfandbriefzentrale d0.250   6/12/2040   CHF   72.532
Norske Skog Holding 8.000   2/24/2023   USD   0.006
Grupo Antolin-Irausa3.500   4/30/2028   EUR   74.198
Sairgroup Finance BV6.625   10/6/2010   EUR   1.964
Regie Autonome des T0.938   5/25/2050   EUR   50.954
Nordea Hypotek AB   0.793   10/22/2032  SEK   74.190
Societe Generale SA 9.000   10/31/2034  USD   65.000
SiC Processing GmbH 7.125   3/1/2016    EUR   0.659
Depfa Funding III LP2.056               EUR   59.528
Abengoa Abenewco 2 B1.500   4/26/2024   USD   0.570
Single Platform Inve1.060   4/1/2042    EUR   62.154
DZ Bank AG Deutsche 1.070   10/6/2042   EUR   65.761
Land Thueringen     0.375   12/1/2051   EUR   45.787
Kernel Holding SA   6.750   10/27/2027  USD   40.594
Single Platform Inve1.840   7/25/2053   EUR   67.843
Alno AG             8.000   3/21/2019   EUR   14.500
Lloyds Bank PLC     0.500   7/26/2028   MXN   57.026
Societe Nationale SN1.400   5/18/2120   EUR   34.915
Kingdom of Belgium G2.750   6/10/2071   USD   67.591
Landesbank Hessen-Th0.700   1/6/2032    EUR   73.500
Ministeries Van de V0.634   11/19/2060  EUR   35.259
Uralkali OJSC Via Ur4.000   10/22/2024  USD   19.366
City of Lausanne Swi0.680   3/11/2058   CHF   57.722
Rena GmbH           7.000   12/15/2015  EUR   0.055
Kreditanstalt fuer W1.201   9/13/2051   EUR   63.984
BNP Paribas SA      3.700   10/4/2039   AUD   63.871
Jain International T7.125   3/31/2026   USD   27.547
Credit Bank of Mosco7.625               USD   19.503
Phosphorus Holdco PL10.000  4/1/2019    GBP   1.436
Republic of Austria 2.100   9/20/2117   EUR   68.808
Yarlington Treasury 3.410   9/18/2057   GBP   68.390
Single Platform Inve2.085   1/24/2044   NOK   71.280
Single Platform Inve3.505   8/6/2046    AUD   68.186
Deutsche Pfandbriefb0.710   9/10/2031   EUR   69.728
Anglian Water Servic1.760   11/13/2035  GBP   66.522
Steilmann SE        7.000   9/23/2018   EUR   1.429
Nordea Kredit Realkr1.000   10/1/2053   DKK   60.296
Ahtium PLC          9.750   4/4/2017    EUR   0.726
Banco Santander SA  0.790   9/30/2031   EUR   71.711
Societe Generale SA 2.300   4/20/2048   EUR   71.114
Purple Protected Ass2.100   4/15/2060   EUR   46.100
Vasakronan AB       1.130   5/27/2042   JPY   68.900
Mondelez Internation0.625   9/9/2032    EUR   73.372
Assistance Publique 2.000   5/25/2053   EUR   65.957
Praktiker AG        5.875   2/10/2016   EUR   0.001
Societe Generale SFH0.570   3/15/2036   EUR   69.072
Caisse Francaise de 0.125   2/15/2036   EUR   64.244
Assistance Publique 1.750   6/25/2039   EUR   74.710
Ukraine Government I9.790   5/26/2027   UAH   52.185
BNG Bank NV         10.010  6/17/2025   TRY   61.926
Bayerische Landesban0.970   2/14/2033   EUR   71.741
Region de Bruxelles-0.658   1/7/2041    EUR   58.062
Richter Gedeon Nyrt 1.750   6/4/2031    HUF   68.500
Erste Jelzalogbank z3.500   5/23/2029   HUF   #N/A N/A
Pfandbriefbank schwe0.250   4/25/2042   CHF   70.569
Region Auvergne-Rhon0.892   10/21/2041  EUR   60.009
HOCHTIEF AG         2.300   4/26/2034   EUR   70.630
Polyus Finance PLC  3.250   10/14/2028  USD   60.684
NRW Bank            1.400   3/19/2070   EUR   57.112
Odea Bank AS        8.606   8/1/2027    USD   73.500
Deutsche Telekom AG 4.125   7/23/2049   USD   72.860
Land Berlin         0.625   7/15/2039   EUR   64.945
Romanian Government 2.625   12/2/2040   EUR   56.235
Region Wallonne Belg1.225   9/2/2120    EUR   35.014
French Republic Gove1.250   5/25/2038   EUR   74.238
Kommunekredit       0.500   6/19/2039   DKK   62.860
Malta Government Bon2.000   7/10/2051   EUR   62.760
DZ Bank AG Deutsche 1.550   6/27/2041   EUR   73.373
BNP Paribas SA      1.590   2/23/2051   EUR   59.740
Malta Government Bon1.000   8/23/2035   EUR   71.854
ACCIONA Financiacion1.900   6/28/2034   EUR   69.165
Avanti Communication9.000   10/1/2022   USD   14.363
Land Thueringen     0.375   11/14/2034  EUR   71.108
Single Platform Inve0.745   2/15/2047   EUR   52.490
Credit Suisse AG/Lon3.500   3/28/2032   USD   73.426
Leonteq Securities A10.000  3/15/2023   CHF   62.880
DZ Bank AG Deutsche 2.000   12/29/2031  EUR   72.340
Societe Generale SA 24.000  11/8/2024   USD   53.400
Landesbank Baden-Wue4.984   2/20/2034   EUR   70.550
Hemso Fastighets AB 3.020   9/14/2048   SEK   65.774
Nomura Bank Internat1.071   1/28/2032   EUR   73.819
Scottish Hydro Elect1.429   10/20/2056  GBP   73.590
Novolipetsk Steel Vi4.700   5/30/2026   USD   70.521
State Savings Bank o11.996  1/19/2024   USD   32.486
Ukraine Government I11.670  11/22/2023  UAH   79.672
DLR Kredit A/S      0.500   10/1/2050   DKK   67.845
Single Platform Inve1.548   10/31/2050  EUR   61.444
Centre Hospitalier R0.800   6/28/2041   EUR   59.773
Societe Du Grand Par1.149   4/8/2069    EUR   44.631
Swedbank Hypotek AB 1.500   7/13/2048   EUR   69.170
Stadt Graz          1.824   10/31/2047  EUR   67.924
Privatbank CJSC Via 10.875  2/28/2018   USD   6.722
Ukraine Government I6.750   6/20/2028   EUR   16.054
Region de Bruxelles-1.144   1/14/2056   EUR   44.981
Engie SA            2.750   11/20/2045  EUR   73.038
State of Brandenburg0.300   10/4/2049   EUR   46.881
Anglian Water Servic0.850   12/23/2040  JPY   74.533
Ministeries Van de V2.317   7/3/2045    EUR   72.307
Banque Federative du2.460   6/7/2032    AUD   74.761
Erotik-Abwicklungsge7.750   7/9/2019    EUR   0.779
New World Resources 4.000   10/7/2020   EUR   0.010
Aareal Bank AG      1.741   1/12/2045   EUR   64.939
BAE Systems PLC     3.000   9/15/2050   USD   66.645
Autonomous Community1.931   4/4/2042    EUR   69.872
Erste Group Bank AG 7.250   3/3/2026    EUR   36.400
Erste Group Bank AG 1.200   2/11/2040   EUR   60.892
Ville de Paris      0.850   8/4/2051    EUR   47.513
Societe Du Grand Par1.923   5/25/2066   EUR   57.142
United Utilities Wat0.387   10/5/2057   GBP   55.317
BPCE SA             2.250   3/13/2040   AUD   51.110
Regie Autonome des T0.875   8/18/2080   EUR   35.027
Agence Metropolitain0.800   7/1/2040    EUR   61.485
Swissgrid AG        0.125   6/30/2036   CHF   72.392
Hemso Fastighets AB 1.130   10/31/2039  EUR   65.895
DLR Kredit A/S      0.500   10/1/2053   DKK   66.083
Agrokor dd          8.875   2/1/2020    USD   15.000
VTB Bank PJSC       5.000               USD   38.000
Barclays Bank PLC   3.900   2/15/2042   AUD   72.022
German Pellets GmbH 7.250   4/1/2016    EUR   1.507
Romanian Government 1.750   7/13/2030   EUR   71.885
CDC Habitat SEM     1.700   3/21/2039   EUR   71.676
Canton of Ticino    0.400   6/27/2044   CHF   71.178
Italy Buoni Polienna1.700   9/1/2051    EUR   56.104
Lukoil Securities BV3.875   5/6/2030    USD   71.000
Kingdom of Belgium G1.170   5/12/2121   EUR   35.596
PIK Securities DAC  5.625   11/19/2026  USD   41.750
CDC Habitat SEM     1.043   5/12/2036   EUR   68.295
Assistance Publique 1.183   4/16/2050   EUR   54.385
Tonon Luxembourg SA 12.500  5/14/2024   USD   0.009
State of Bremen     0.550   2/4/2050    EUR   50.044
BPCE SFH SA         1.586   2/1/2047    EUR   68.703
Grupo Isolux Corsan 1.000   12/30/2021  EUR   0.157
BNG Bank NV         1.627   4/25/2046   EUR   66.019
MMC Norilsk Nickel O2.550   9/11/2025   USD   73.514
Cie Generale de Navi0.350   12/29/2056  CHF   61.702
Free and Hanseatic C0.300   9/16/2050   EUR   45.664
City of Lausanne Swi0.230   11/1/2060   CHF   44.220
Single Platform Inve1.108   2/15/2041   EUR   63.051
Agrokor dd          9.125   2/1/2020    EUR   15.000
VTB Bank PJSC       13.000              RUB   40.200
MOL Hungarian Oil & 1.100   9/22/2030   HUF   54.500
GTC Magyarorszag Zrt2.250   12/7/2030   HUF   64.590
Single Platform Inve0.767   2/15/2041   EUR   58.805
MFB Magyar Fejleszte2.900   10/22/2031  HUF   59.599
Officine Maccaferri-5.750   6/1/2021    EUR   17.000
Moby SpA            7.750   2/15/2023   EUR   58.583
Caisse Francaise de 1.110   9/21/2046   EUR   67.250
Land Thueringen     0.250   3/5/2040    EUR   59.005
Proximus SADP       1.500   5/14/2040   EUR   63.428
Grand Delta Habitat 1.500   6/2/2045    EUR   61.211
Autonomous Community1.744   7/1/2061    EUR   51.946
Credit Agricole Corp2.610   7/27/2050   USD   57.431
Ville de Paris      1.165   6/9/2053    EUR   50.410
Caisse Francaise de 0.726   10/29/2039  EUR   63.574
Carmila SA          1.890   11/6/2031   EUR   69.789
NRW Bank            0.800   10/22/2060  EUR   48.635
Nederlandse Watersch0.877   6/24/2054   EUR   54.638
Banco Santander SA  2.280   2/28/2039   EUR   70.818
Bayerische Landesban0.380   1/22/2031   EUR   71.948
Landesbank Hessen-Th1.000   8/27/2035   EUR   66.172
Kreditanstalt fuer W1.115   5/17/2041   EUR   65.654
Charm Finance PLC   3.509   4/12/2048   GBP   72.320
Republic of Belarus 6.200   2/28/2030   USD   32.000
SNCF Reseau         1.425   8/14/2119   EUR   36.993
Bayerische Landesban0.500   12/2/2030   EUR   73.266
Republic of Ireland 0.740   9/22/2078   EUR   36.949
Vnesheconombank Via 6.025   7/5/2022    USD   6.219
DAH Holding GmbH    7.250   9/28/2018   EUR   0.718
Peine GmbH          2.000   7/5/2023    EUR   44.500
Raiffeisenlandesbank0.200   6/9/2036    EUR   65.360
Akademiska Hus AB   2.305   5/16/2040   SEK   74.534
Landesbank Baden-Wue1.050   7/17/2034   EUR   69.895
Region Bretagne SCI 0.815   6/12/2040   EUR   60.063
Depfa Funding II LP 6.500               EUR   58.500
BPCE SFH SA         1.210   6/15/2039   EUR   71.130
State of Bremen     0.400   8/20/2049   EUR   48.407
SNCF Reseau         1.100   10/27/2036  EUR   71.748
Nederlandse Watersch1.675   4/26/2046   EUR   72.101
State of Saxony-Anha1.223   5/4/2046    EUR   68.311
Kingdom of Belgium G0.459   7/23/2079   EUR   25.506
Basque Government   1.750   4/22/2050   EUR   59.945
Bazalgette Finance P0.010   8/5/2036    GBP   74.875
Romanian Government 1.375   12/2/2029   EUR   73.630
UniCredit SpA       0.725   11/27/2030  EUR   67.329
Hypo Vorarlberg Bank0.741   10/16/2036  EUR   51.699
Royal Schiphol Group2.890   10/25/2034  AUD   70.928
Junta de Castilla y 1.270   10/31/2044  EUR   58.613
NatWest Markets PLC 1.250   12/4/2034   EUR   67.709
LFA Foerderbank Baye0.125   9/30/2038   EUR   60.246
Lloyds Bank PLC     2.170   8/28/2038   EUR   73.222
Caisse des Depots et2.205   9/28/2041   AUD   62.015
Raiffeisenlandesbank0.810   10/20/2031  EUR   71.807
La Financiere Atalia5.125   5/15/2025   EUR   67.466
Deutsche Bahn Financ0.232   3/17/2032   EUR   74.701
Agence Francaise de 0.537   7/16/2040   EUR   61.906
Single Platform Inve0.419   2/15/2040   EUR   55.960
ING Bank NV         2.830   9/28/2051   USD   66.373
Centre Hospitalier R1.500   4/27/2050   EUR   67.824
TBI Bank EAD        5.250   7/30/2031   EUR   49.853
Kreditanstalt fuer W0.680   11/12/2039  EUR   71.297
BNP Paribas SA      0.685   8/26/2030   EUR   74.561
National Treasury Ma1.560   2/16/2122   EUR   51.609
Single Platform Inve3.770   3/3/2046    AUD   73.680
Ukraine Government B19.700  8/6/2025    UAH   72.187
Agence Francaise de 1.862   2/25/2054   EUR   73.098
United Utilities Wat1.474   8/24/2031   USD   72.378
Turkey Government In5.750   5/11/2047   USD   67.740
Parnassia Groep BV  1.210   12/1/2033   EUR   72.544
Muenchener Hypotheke0.125   11/19/2030  EUR   74.296
Landesbank Baden-Wue0.500   11/25/2030  EUR   74.731
Autonomous Community1.138   11/22/2052  EUR   47.166
BNP Paribas SA      1.150   11/20/2034  EUR   70.536
getgoods.de AG      7.750   10/2/2017   EUR   0.527
Cooperatieve Raboban0.500   1/31/2033   MXN   36.753
Heta Asset Resolutio7.500   12/31/2023  ATS   1.541
Region de Bruxelles-1.710   5/5/2047    EUR   64.422
Erdoel-Lagergesellsc1.200   6/4/2043    EUR   61.339
Kuntarahoitus Oyj   1.300   4/8/2061    EUR   61.881
Societe Du Grand Par2.062   3/19/2070   EUR   68.355
French Republic Gove0.500   5/25/2040   EUR   61.952
Norwegian Air Shuttl7.500   11/10/2023  USD   73.375
Agence Francaise de 1.715   10/27/2037  EUR   74.027
Kreditanstalt fuer W1.270   6/29/2051   EUR   65.677
Autonomous Community1.850   5/13/2061   EUR   53.095
SAir Group          5.500   7/23/2003   CHF   11.302
Region Wallonne Belg1.805   1/24/2040   EUR   70.557
United Kingdom Gilt 1.250   7/31/2051   GBP   51.497
State of Brandenburg0.300   11/17/2045  EUR   50.756
Wellis Magyarorszag 3.000   2/26/2031   HUF   67.074
Dyadya Doner OOO    13.500  4/25/2023   RUB   10.300
Societe Generale SA 8.000   10/31/2034  USD   71.500
Kuntarahoitus Oyj   1.150   4/1/2051    EUR   62.391
Caisse des Depots et3.000   11/8/2051   AUD   67.314
DZ Bank AG Deutsche 0.840   10/27/2031  EUR   73.141
Spain Government Bon1.200   10/31/2040  EUR   65.026
Grand City Propertie2.500   6/27/2039   EUR   59.732
Ukraine Government B19.600  4/2/2025    UAH   73.093
State of Lower Austr1.000   9/15/2121   EUR   29.970
Deutsche Pfandbriefb1.340   10/16/2051  EUR   66.424
Credit Suisse AG/Lon3.220   2/8/2032    AUD   71.615
CDC Habitat SEM     1.060   5/22/2036   EUR   68.570
Assistance Publique 0.634   8/27/2045   EUR   51.406
DZ HYP AG           0.050   1/31/2031   EUR   74.729
Assistance Publique 1.073   4/16/2045   EUR   58.323
Single Platform Inve0.740   4/1/2042    EUR   57.438
Caisse des Depots et1.900   5/17/2047   EUR   68.212
Land Berlin         0.100   1/18/2041   EUR   55.634
Muenchener Hypotheke0.250   10/31/2044  CHF   66.683
Assistance Publique 0.490   9/30/2040   EUR   57.155
Societe Wallonne de 0.948   10/23/2051  EUR   45.775
Single Platform Inve1.340   4/4/2042    EUR   67.617
Single Platform Inve1.675   2/15/2041   EUR   71.958
Credit Suisse AG/Lon4.450   6/28/2023   USD   9.300
DekaBank Deutsche Gi7.050   4/28/2023   EUR   57.180
Intelsat Jackson Hol9.750   7/15/2025   USD   0.495
Assistance Publique 1.053   5/25/2052   EUR   50.270
Sveriges Sakerstalld1.378   7/13/2046   SEK   62.511
Eurohold Bulgaria AD8.000   12/29/2026  EUR   71.457
Deutsche Bank AG    2.330   2/11/2043   EUR   72.235
Single Platform Inve0.908   2/15/2041   EUR   60.767
Ile-de-France Mobili1.586   2/23/2052   EUR   62.405
Vasakronan AB       2.256   4/12/2044   EUR   71.753
Purple Protected Ass2.060   3/30/2061   EUR   52.045
Assistance Publique 0.683   3/19/2041   EUR   58.736
ING Bank NV         2.220   1/20/2036   USD   71.371
Assistance Publique 0.750   12/3/2041   EUR   59.574
Agence France Locale0.570   9/20/2040   EUR   60.134
Agence Metropolitain0.500   7/7/2035    EUR   65.828
BNG Bank NV         0.630   7/11/2067   EUR   39.113
ING Groep NV        0.975   2/14/2034   EUR   62.372
City of Bochum Germa0.010   11/18/2030  EUR   74.837
Nederlandse Watersch0.996   11/4/2049   EUR   58.414
Kingdom of Belgium G1.600   6/22/2047   EUR   68.023
Communaute Francaise0.626   8/24/2040   EUR   58.888
Department of Loiret0.478   10/30/2040  EUR   56.846
Steilmann SE        6.750   6/27/2017   EUR   2.184
Cooperatieve Raboban0.500   11/30/2027  MXN   61.142
Nederlandse Watersch1.551   11/24/2061  EUR   62.395
Landeskreditbank Bad1.862   4/6/2062    EUR   69.240
HPI AG              3.500               EUR   0.500
Golden Gate GmbH    6.500   10/11/2014  EUR   36.000
DZ HYP AG           1.430   10/26/2046  EUR   64.814
Banque Federative du1.590   2/5/2031    USD   73.673
Credit Suisse AG/Nas3.750   10/20/2036  USD   67.794
Landesbank Hessen-Th0.650   10/18/2034  EUR   64.897
A-TEC Industries AG 2.750   5/10/2014   EUR   0.100
Cooperatieve Raboban1.460   6/1/2040    EUR   72.547
City of Amsterdam Ne1.515   2/26/2044   EUR   71.308
United Utilities Wat0.359   10/5/2048   GBP   59.322
Assistance Publique 0.750   11/30/2039  EUR   61.697
Kreditanstalt fuer W0.470   10/14/2033  EUR   74.931
Credit Agricole Corp2.800   2/23/2041   AUD   64.778
HSBC Bank PLC       0.500   6/23/2027   MXN   62.804
Kreditanstalt fuer W0.955   4/6/2040    EUR   68.990
Batigere Grand Est S1.400   8/31/2050   EUR   56.422
Italy Buoni Polienna0.950   3/1/2037    EUR   63.359
Region Hauts-de-Fran0.402   2/18/2043   EUR   51.820
Kantonsspital Baden 0.350   9/30/2036   CHF   74.071
Virgolino de Oliveir10.875  1/13/2020   USD   36.000
Norske Skog Holding 8.000   2/24/2023   USD   0.006
Communaute Francaise1.581   1/23/2120   EUR   44.813
Banco Santander SA  0.010   10/1/2032   EUR   64.841
Region de Bruxelles-1.810   3/22/2053   EUR   61.767
Pongs & Zahn AG     8.500   11/1/2014   EUR   0.003
Municipality of Utre0.950   3/2/2037    EUR   72.243
Region de Bruxelles-1.029   1/14/2048   EUR   52.952
Ukraine Government I12.520  5/13/2026   UAH   55.499
Norske Skogindustrie7.125   10/15/2033  USD   0.010
Spain Government Bon0.850   7/30/2037   EUR   66.498
Ukraine Government B19.750  11/5/2025   UAH   71.758
Caisse Francaise de 1.555   2/12/2042   EUR   73.413
Muenchener Hypotheke1.000   4/18/2039   EUR   69.848
Russian Agricultural8.500   10/16/2023  USD   13.160
BNG Bank NV         2.300   3/3/2036    AUD   70.295
SNCF Reseau         2.581   10/30/2047  SEK   74.358
Assistance Publique 1.810   11/17/2043  EUR   70.348
Region Wallonne Belg2.057   10/19/2043  EUR   70.394
Region de Bruxelles-0.556   12/23/2064  EUR   29.474
Rio Forte Investment4.000   7/22/2014   EUR   2.833
Single Platform Inve0.559   2/15/2047   EUR   49.657
BPCE SA             2.820   12/18/2039  AUD   56.909
Elli Finance UK PLC 8.750   6/15/2019   GBP   57.445
de Volksbank NV     1.552   4/12/2040   EUR   75.090
Societe Nationale SN2.457   12/23/2050  USD   63.531
Societe Generale SA 23.510  6/23/2026   USD   11.500
UniCredit Bank AG   6.600   7/20/2028   EUR   18.190
Gazprom PJSC        14.680  10/21/2043  RUB   71.000
Appeninn Holding    3.500   11/22/2029  HUF   65.500
Sberbank of Russia V5.250   5/23/2023   USD   32.842
Societe Generale SA 3.110   10/28/2041  AUD   60.873
Region de Bruxelles-1.310   12/15/2069  EUR   42.964
Metropolis of Grenob0.700   11/18/2033  EUR   73.706
Banco Santander SA  0.180   7/6/2031    EUR   74.925
Bazalgette Finance P0.688   6/27/2050   GBP   64.822
LSF9 Balta Issuer SA3.000   12/31/2030  EUR   61.413
Communaute Francaise2.000   4/14/2076   EUR   64.264
Societe Generale SA 3.100   4/22/2036   AUD   66.584
Societe Generale SA 1.137   1/26/2037   EUR   67.257
Land Thueringen     1.100   7/3/2047    EUR   63.312
BNP Paribas SA      3.580   7/23/2040   AUD   70.529
Region Occitanie    1.238   3/2/2039    EUR   69.149
Rusal Capital DAC   5.300   5/3/2023    USD   41.119
Raiffeisen Bank Inte0.370   2/3/2033    EUR   56.040
CDC Habitat SEM     0.814   2/15/2040   EUR   60.406
Societa di Progetto 3.375   12/31/2038  EUR   72.904
Norddeutsche Landesb0.600   11/18/2030  EUR   73.779
Deutsche Pfandbriefb1.000   12/2/2030   EUR   73.347
Landesbank Baden-Wue0.430   12/9/2030   EUR   73.692
Slovenska Sporitelna4.820               EUR   74.213
Municipality of Arnh0.605   2/24/2040   EUR   63.388
Erste Group Bank AG 0.770   11/13/2033  EUR   65.357
BPCE SA             1.980   10/6/2030   AUD   70.460
Credit Agricole Corp0.100   10/21/2030  EUR   72.374
Region Wallonne Belg0.050   10/26/2032  EUR   69.399
Landwirtschaftliche 1.365   3/10/2042   EUR   72.303
Landesbank Hessen-Th0.700   1/12/2037   EUR   62.500
Raiffeisen Schweiz G8.340   3/7/2023    EUR   63.510
Credit Suisse AG/Lon11.250  7/19/2023   CHF   55.400
CPI Hungary Investme2.250   8/7/2030    HUF   55.000
OTP Munkavallalok I 4.500   7/14/2031   HUF   68.970
Mifa Mitteldeutsche 7.500   8/12/2018   EUR   2.000
Banque Federative du2.687   10/23/2023  EUR   57.440
MS Deutschland Betei6.875   12/18/2017  EUR   0.206
TransFin-M PAO      9.400   2/4/2027    RUB   61.000
Bilt Paper BV       10.360              USD   1.294
Bazalgette Finance P0.074   5/16/2049   GBP   59.547
Aktia Bank Oyj      0.500   3/30/2031   EUR   70.546
Single Platform Inve1.850   11/5/2040   EUR   72.171
Grenke Finance PLC  2.040   4/16/2029   EUR   74.923
State of Lower Austr0.815   9/22/2056   EUR   45.944
Ukraine Government I12.520  5/13/2026   UAH   55.499
State of Hesse      0.450   9/23/2044   EUR   56.084
Nederlandse Watersch1.437   3/4/2042    EUR   71.399
Department of Girond0.846   4/29/2039   EUR   64.231
ING Bank NV         0.335   4/21/2036   EUR   65.950
DZ HYP AG           1.536   10/24/2039  EUR   74.253
Single Platform Inve1.860   2/15/2041   NOK   66.244
Grand City Propertie2.600   2/25/2034   EUR   68.676
Societe Generale SA 2.630   3/2/2036    USD   66.477
State of Saxony-Anha0.475   9/30/2050   EUR   50.304
Region de Bruxelles-1.040   5/3/2061    EUR   40.582
Societe Generale SA 1.700   1/19/2031   USD   73.599
Agence Francaise de 0.368   1/12/2046   EUR   51.689
Credito Padano Banca3.100               EUR   35.897
Jyske Realkredit A/S0.500   10/1/2043   DKK   74.290
Italy Buoni Polienna2.450   9/1/2050    EUR   67.583
State of Brandenburg0.375   1/29/2035   EUR   70.886
Norddeutsche Landesb1.600   4/14/2037   EUR   67.764
Luzerner Kantonalban6.000   7/6/2023    EUR   52.260
Nomura Bank Internat9.260   1/10/2027   USD   75.010
Erste Jelzalogbank z2.500   10/22/2028  HUF   67.850
Russian Federal Bond0.250   7/20/2044   RUB   12.000
Landesbank Baden-Wue1.500   4/24/2039   EUR   65.410
Autonomous Community1.646   7/30/2060   EUR   50.480
Erste Group Bank AG 1.170   1/28/2037   EUR   64.771
Credit Agricole SA  3.610   4/20/2036   AUD   66.788
Cooperatieve Raboban1.850   3/29/2049   EUR   59.690
SAir Group          4.250   2/2/2007    CHF   11.299
ING Bank NV         2.900   6/23/2051   USD   67.633
Societe Generale SFH0.360   9/14/2033   EUR   72.292
Single Platform Inve1.023   2/15/2046   EUR   56.838
Muenchener Hypotheke0.568   6/15/2032   EUR   73.120
SAir Group          2.125   11/4/2004   CHF   11.302
Serbia Treasury Bond2.250   2/26/2041   EUR   65.461
Credit Suisse AG/Lon1.450   12/20/2030  EUR   69.218
Rikshem AB          2.137   1/29/2036   EUR   71.742
Minicentrales Dos SA0.010   6/6/2047    EUR   66.382
Republic of Ireland 1.250   10/8/2121   EUR   42.291
Gemeente Bergen OP Z1.390   3/7/2039    EUR   74.458
Flamingo Lux II SCA 5.000   3/31/2029   EUR   73.656
DZ Bank AG Deutsche 1.470   1/20/2042   EUR   63.276
Turkiye Ihracat Kred12.540  9/14/2028   TRY   61.083
Raiffeisenlandesbank0.725   8/27/2041   EUR   61.438
Region Wallonne Belg0.970   6/24/2043   EUR   56.953
BNG Bank NV         1.980   4/19/2040   SEK   74.500
Region Wallonne Belg0.037   10/22/2031  EUR   74.369
Single Platform Inve1.440   7/18/2042   EUR   65.420
Assistance Publique 1.987   8/11/2042   EUR   73.936
Alliander NV        1.125   4/8/2035    EUR   68.322
Credit Suisse AG/Lon1.352   4/8/2034    EUR   72.108
Barclays Bank PLC   1.382   11/27/2045  EUR   48.260
City of Amsterdam Ne1.350   3/29/2038   EUR   74.770
Landesbank Hessen-Th1.500   10/1/2036   EUR   62.200
Bank Vontobel AG    9.500   6/2/2023    CHF   75.600
Bank Julius Baer & C9.300   4/27/2023   USD   62.800
Landesbank Hessen-Th0.850   7/17/2035   EUR   70.000
Skandinaviska Enskil10.150  1/15/2025   SEK   72.990
Caisse des Depots et1.150   2/3/2042    EUR   61.998
Raiffeisen-Landesban0.520   2/4/2033    EUR   73.963
CDC Habitat SEM     1.150   4/30/2037   EUR   68.353
LR Realkredit AS    1.000   10/1/2050   DKK   65.549
Vasakronan AB       2.400   6/20/2044   SEK   66.703
Land Baden-Wuerttemb1.150   4/5/2049    EUR   66.941
ABN AMRO Bank NV    0.500   12/12/2039  EUR   62.207
Region de Bruxelles-0.450   12/22/2056  EUR   33.712
La Veggia Finance SA7.125   11/14/2004  EUR   0.287
Slovenia Government 0.125   7/1/2031    EUR   73.933
National Grid Electr2.920   9/30/2044   AUD   62.892
Region Hauts-de-Fran0.691   7/9/2042    EUR   56.696
Grand Delta Habitat 1.425   2/26/2048   EUR   58.635
Lloyds Bank PLC     2.450   7/20/2048   EUR   71.331
Cassa Depositi e Pre1.089   12/15/2031  EUR   74.514
Assistance Publique 1.125   4/16/2047   EUR   56.737
Uliving@Essex Issuer0.100   8/31/2058   GBP   68.639
State of Lower Austr1.886   3/2/2048    EUR   70.677
Communaute Francaise1.760   1/26/2043   EUR   67.517
Polyus Finance PLC  4.700   1/29/2024   USD   60.001
Kreditanstalt fuer W0.816   12/19/2050  EUR   52.366
DZ Bank AG Deutsche 1.200   11/25/2050  EUR   55.812
NTRP Via Interpipe L10.250  8/2/2017    USD   15.229
Deutsche Bank AG    1.725   1/16/2045   EUR   48.383
Veneto Banca SpA    6.411               EUR   0.345
Turkey Government In4.875   4/16/2043   USD   63.784
Skandinaviska Enskil7.450   1/15/2025   SEK   71.760
WEB Windenergie AG  5.250   4/8/2023    EUR   0.010
FLUVIUS System Opera0.810   4/8/2033    EUR   67.697
Kommunekredit       0.991   3/9/2037    EUR   72.910
Region de Bruxelles-1.286   12/17/2046  EUR   58.410
Single Platform Inve1.040   6/25/2044   EUR   58.372
Lehman Brothers Trea4.984   10/5/2035   EUR   0.100
MMC Norilsk Nickel O2.800   10/27/2026  USD   71.000
Nomura Bank Internat1.130   4/23/2036   EUR   64.750
BPCE SA             3.000   11/18/2036  AUD   63.269
Deutsche Telekom AG 3.500   9/6/2039    AUD   71.949
Credit Suisse AG    0.500   12/16/2025  BRL   69.781
National Grid Electr2.710   10/4/2034   AUD   71.399
Sovcombank Via SovCo8.000   4/7/2030    USD   5.574
State of Hesse      0.227   8/20/2049   EUR   48.242
Ukraine Government B4.000   1/25/2024   USD   56.460
State of Brandenburg0.050   2/28/2033   EUR   71.654
Landesbank Hessen-Th0.400   9/17/2031   EUR   71.898
BPCE SA             2.250   3/13/2040   AUD   51.596
DZ Bank AG Deutsche 0.350   2/25/2030   EUR   74.291
Assistance Publique 0.666   3/19/2040   EUR   60.353
Republic of Ireland 1.230   5/29/2120   EUR   41.086
Batigere Grand Est S1.800   8/12/2050   EUR   63.088
National Grid Electr2.020   3/12/2032   AUD   72.740
Societe Generale SA 3.310   11/29/2033  AUD   73.216
Ministeries Van de V1.564   11/12/2046  EUR   63.548
SAir Group          5.125   3/1/2003    CHF   12.300
BPCE SFH SA         0.430   5/7/2040    EUR   58.728
Parnassia Groep BV  1.470   12/1/2045   EUR   51.510
Single Platform Inve1.842   2/15/2044   EUR   70.543
Erste Group Bank AG 1.065   5/17/2041   EUR   57.355
BPCE SA             0.500   10/21/2034  EUR   67.881
Ministeries Van de V1.603   3/1/2038    EUR   75.182
Landesbank Hessen-Th0.750   12/17/2035  EUR   63.173
State of Mecklenburg0.239   11/17/2070  EUR   33.280
Orient Express Bank 2.000               USD   18.043
Societe Generale SA 0.831   11/25/2031  EUR   69.568
Autonomous Community1.089   10/31/2049  EUR   50.394
Aareal Bank AG      1.068   2/18/2050   EUR   60.477
Deutsche Wohnen SE  1.700   12/5/2036   EUR   66.516
Hypo Vorarlberg Bank0.570   8/26/2030   EUR   70.718
UkrLandFarming PLC  10.875  3/26/2018   USD   1.751
NRW Bank            1.510   3/7/2046    EUR   70.453
Serbia Treasury Bond2.300   3/18/2047   EUR   60.272
Malta Government Bon2.600   9/27/2047   EUR   74.700
Landesbank Hessen-Th1.750   2/16/2037   EUR   63.900
UBS AG/London       14.750  3/29/2023   CHF   26.800
BNP Paribas Issuance1.560   2/2/2039    EUR   51.090
DZ Bank AG Deutsche 1.000   2/8/2035    EUR   68.268
Kommunekredit       1.062   9/9/2041    EUR   67.975
Single Platform Inve1.715   2/15/2041   EUR   72.175
Region Occitanie    1.339   3/21/2042   EUR   65.740
Minicentrales Dos SA0.010   6/6/2047    EUR   59.346
Caisse des Depots et1.460   1/24/2052   EUR   58.147
Credit Bank of Mosco7.121   6/25/2024   USD   23.487
DZ Bank AG Deutsche 0.700   3/2/2034    EUR   71.874
MMC Norilsk Nickel O6.625   10/14/2022  USD   72.031
Bankinter SA        1.200   6/5/2035    EUR   72.458
Specialfastigheter S1.280   9/20/2049   SEK   53.524
Norddeutsche Landesb1.090   11/15/2043  EUR   64.476
Swedbank Hypotek AB 1.490   8/15/2038   EUR   74.361
Deutsche Wohnen SE  2.125   9/26/2033   EUR   70.114
Purple Protected Ass1.580   5/25/2060   EUR   42.381
Single Platform Inve1.250   5/10/2044   EUR   61.336
United Kingdom Gilt 1.750   1/22/2049   GBP   61.320
Communaute Francaise0.749   9/16/2080   EUR   46.047
Vasakronan AB       2.130   5/27/2041   SEK   68.235
Societe Generale SA 2.000   2/26/2033   USD   72.301
Basque Government   2.000   4/30/2059   EUR   59.088
Landesbank Hessen-Th1.340   6/4/2042    EUR   60.883
Comunidad Foral de N1.450   5/8/2040    EUR   66.447
Communaute Francaise2.100   6/30/2067   EUR   63.364
DZ Bank AG Deutsche 1.000   2/18/2032   EUR   65.934
SNCF Reseau         2.029   1/22/2048   EUR   69.523
Region Wallonne Belg2.160   2/23/2044   EUR   71.474
Frigate Luxembourg S2.000   8/1/2032    EUR   59.713
Single Platform Inve0.887   9/20/2039   EUR   62.140
Kreditanstalt fuer W1.087   1/21/2050   EUR   64.420
Deutsche Wohnen SE  1.250   7/31/2031   EUR   73.659
Corner Banca SA     8.000   6/21/2023   CHF   55.480
Hunland Feed Kft    2.880   7/21/2031   HUF   65.730
DZ Bank AG Deutsche 2.696   6/24/2026   EUR   73.090
DNB Boligkreditt AS 0.980   6/20/2044   EUR   62.968
Windreich GmbH      6.500   3/1/2015    EUR   2.780
Prosus NV           1.985   7/13/2033   EUR   68.229
ABN AMRO Bank NV    1.171   4/4/2044    EUR   63.901
Muenchener Hypotheke1.230   2/11/2042   EUR   69.539
Nederlandse Watersch0.750   10/4/2041   EUR   62.355
Banque Federative du0.376   10/15/2031  EUR   69.078
Region Wallonne Belg1.135   10/10/2069  EUR   44.489
ABN AMRO Bank NV    0.450   12/12/2036  EUR   66.882
Societe Nationale SN2.820   4/28/2036   AUD   74.630
Ministeries Van de V1.874   3/28/2058   EUR   60.191
Single Platform Inve0.750   8/15/2050   EUR   49.230
Intelsat Jackson Hol8.500   10/15/2024  USD   0.495
Italy Buoni Polienna0.150   5/15/2051   EUR   64.436
Kommunekredit       1.375   5/18/2046   SEK   64.598
Landeskreditbank Bad2.500   5/21/2036   AUD   69.562
Batigere Grand Est S2.030   5/29/2070   EUR   69.947
Centre Hospitalier U1.160   9/6/2039    EUR   55.700
Novolipetsk Steel Vi4.000   9/21/2024   USD   65.445
Parnassia Groep BV  1.430   12/1/2043   EUR   53.937
Gecci Investment KG 6.000   10/1/2027   EUR   25.339
BNP Paribas SA      0.500   9/29/2029   AUD   69.736
Kommunekredit       0.100   9/30/2033   DKK   69.534
Dublin Port Co      2.406   9/30/2049   EUR   70.412
Agrokor dd          9.875   5/1/2019    EUR   15.000
Mox Telecom AG      7.250   11/2/2017   EUR   2.270
Raiffeisen Bank Inte10.000  3/24/2023   EUR   29.340
Landesbank Hessen-Th1.600   6/12/2035   EUR   68.100
Landesbank Hessen-Th0.500   2/14/2035   EUR   68.400
Kreditanstalt fuer W1.171   7/19/2051   EUR   63.859
GB Social Housing PL3.814   4/9/2047    GBP   70.784
French Republic Gove0.500   6/25/2044   EUR   56.272
HSBC Continental Eur2.025   3/19/2049   EUR   60.098
Rhaetische Bahn AG R0.050   8/3/2050    CHF   58.667
Region de Bruxelles-1.419   6/22/2045   EUR   64.223
Heta Asset Resolutio2.290   12/31/2023  EUR   1.500
Communaute Francaise1.815   3/26/2049   EUR   65.255
Vasakronan AB       0.950   3/22/2039   JPY   72.084
ASCE Group OJSC     7.000   6/11/2031   USD   60.875
Kreditanstalt fuer W1.143   4/15/2050   EUR   64.305
Hellas Telecommunica6.054   1/15/2015   USD   0.014
Pfandbriefbank schwe0.375   6/15/2046   CHF   68.337
United Kingdom Gilt 1.500   7/22/2047   GBP   58.587
SNCF Reseau         2.622   9/24/2049   USD   68.890
Credit Agricole Corp1.190   2/26/2040   EUR   62.614
Alfa Bank AO Via Alf5.500   10/26/2031  USD   3.443
CDC Habitat SEM     1.170   5/4/2037    EUR   68.578
Caisse des Depots et1.548   8/9/2038    EUR   73.266
Region Wallonne Belg1.246   5/12/2070   EUR   46.633
ING Bank NV         2.410   3/16/2031   AUD   77.858
French Republic Gove1.500   5/25/2050   EUR   66.019
Kuntarahoitus Oyj   1.011   1/27/2037   EUR   73.408
Kuntarahoitus Oyj   1.400   3/5/2061    EUR   64.065
Hypo Vorarlberg Bank1.520   7/8/2050    EUR   44.276
State of North Rhine0.463   8/8/2033    EUR   74.250
Nationwide Building 1.481   12/8/2037   EUR   74.212
Land Baden-Wuerttemb0.375   7/20/2048   EUR   48.025
DZ Bank AG Deutsche 1.840   12/21/2048  EUR   68.152
Akademiska Hus AB   0.850   2/17/2033   SEK   71.499
Liga Bank eG Regensb0.010   1/29/2036   EUR   61.442
Department of Girond0.461   12/3/2032   EUR   74.852
Ukraine Government B3.900   10/5/2023   USD   68.295
DZ Bank AG Deutsche 1.000   2/13/2042   EUR   64.913
National Grid Electr1.151   2/20/2040   EUR   58.746
Hypo Vorarlberg Bank0.860   10/24/2034  EUR   56.966
Veneto Banca SpA    6.944   5/15/2025   EUR   0.065
DZ HYP AG           1.033   12/6/2049   EUR   59.736
Veneto Banca SpA    6.950   2/25/2025   EUR   0.065
Autonomous Community1.255   10/31/2048  EUR   53.200
Credit Agricole Corp10.500  2/16/2027   TRY   64.425
BNP Paribas SA      0.500   11/16/2032  MXN   34.226
Penarian Housing Fin3.212   6/7/2052    GBP   70.367
Landesbank Hessen-Th1.000   3/17/2036   EUR   61.100
VTB Bank PJSC       3.750               EUR   38.000
SG Issuer SA        0.263   2/20/2025   EUR   21.730
Landesbank Hessen-Th4.984   2/11/2037   EUR   63.200
Credit Suisse AG/Lon5.000   3/29/2023   USD   9.990
VON Der Heydt Securi1.000   4/30/2031   EUR   67.676
RENE LEZARD Mode Gmb7.250   11/25/2017  EUR   0.400
Malta Government Bon2.400   8/13/2052   EUR   67.150
Malta Government Bon1.200   5/13/2037   EUR   68.720
DZ HYP AG           0.205   6/5/2040    EUR   55.530
Pescanova SA        5.125   4/20/2017   EUR   0.319
Citigroup Global Mar1.000   1/21/2036   EUR   65.761
Commerzbank AG      2.565   5/15/2043   EUR   74.272
Landwirtschaftliche 0.984   2/4/2042    EUR   67.114
Nykredit Realkredit 1.182   1/17/2034   EUR   71.247
Ministeries Van de V0.875   6/3/2045    EUR   52.557
Norddeutsche Landesb1.150   7/23/2036   EUR   63.875
Commerzbank AG      2.350   2/24/2042   EUR   75.211
Communaute Francaise1.340   7/1/2054    EUR   53.180
Societe Du Grand Par1.955   4/16/2069   EUR   62.052
Office Public De L'H1.700   12/22/2060  EUR   66.969
HSBC Continental Eur0.900   3/2/2035    EUR   62.126
de Volksbank NV     1.531   12/20/2038  EUR   73.744
AXA Home Loan SFH SA0.250   5/26/2032   EUR   73.904
Housing & Care 21   3.288   11/8/2049   GBP   69.120
Natixis SA          0.300   6/25/2048   USD   30.632
State of Saarland   0.500   3/15/2051   EUR   49.583
Credit Bank of Mosco5.150   2/20/2024   EUR   27.993
DNB Boligkreditt AS 1.545   5/18/2038   EUR   74.836
Single Platform Inve0.678   2/15/2041   EUR   57.314
UniCredit SpA       1.490   10/23/2035  EUR   66.612
Prosus NV           2.031   8/3/2032    EUR   71.013
Jyske Realkredit A/S0.500   10/1/2053   DKK   63.357
Hemso Fastighets AB 2.975   10/25/2038  SEK   75.051
Credito Padano Banca3.100               EUR   36.136
EnBW International F2.080   1/21/2041   EUR   64.394
Swedbank AB         0.350   9/22/2031   EUR   68.198
Portugal Obrigacoes 1.000   4/12/2052   EUR   49.141
NRW Bank            0.185   8/17/2033   EUR   72.180
Intelsat Jackson Hol9.750   7/15/2025   USD   0.495
Grupo Isolux Corsan 6.000   12/30/2021  EUR   0.253
Purple Protected Ass1.480   11/30/2060  EUR   43.356
Nationwide Building 1.336   2/26/2041   EUR   71.323
Republic of Ireland 1.320   11/28/2119  EUR   38.747
Cie de Saint-Gobain 3.000   12/23/2049  EUR   72.036
Credit Agricole Corp0.650   11/5/2034   EUR   65.257
Purple Protected Ass2.085   10/27/2060  EUR   48.158
State of Rhineland-P0.100   10/1/2040   EUR   57.781
niiio finance group 4.000   5/31/2026   EUR   45.000
DekaBank Deutsche Gi3.300   4/28/2023   EUR   71.690
Societe Generale SA 8.000   1/31/2033   USD   74.800
Credit Suisse AG/Lon9.500   3/8/2023    USD   65.380
Credit Suisse AG/Lon4.530   7/12/2023   USD   9.200
Quintet Private Bank6.050   5/26/2026   USD   63.200
UBS AG/London       12.000  3/22/2023   CHF   11.880
TransFin-M PAO      9.150   2/4/2027    RUB   61.000
Magyar Telekom Telec1.450   11/26/2027  HUF   #N/A N/A
Duna Aszfalt Ut Es M2.990   10/17/2029  HUF   61.000
Credit Suisse AG/Lon3.110   3/3/2032    USD   70.818
A-TEC Industries AG 5.750   11/2/2010   EUR   0.100
HSBC Continental Eur2.040   3/29/2049   EUR   60.297
Lehman Brothers Trea4.984   3/16/2035   EUR   0.100
Region Auvergne-Rhon1.090   4/8/2037    EUR   69.428
UBS Group AG        2.370   2/25/2036   USD   70.061
Region Wallonne Belg1.220   6/12/2050   EUR   53.837
Natixis SA          2.955   5/28/2050   USD   66.812
DLR Kredit A/S      1.000   10/1/2053   DKK   66.803
Assistance Publique 0.800   3/23/2046   EUR   53.114
Aktia Bank Oyj      0.550   3/17/2031   EUR   71.000
Ministeries Van de V1.095   6/3/2055    EUR   47.125
BPCE SA             2.550   6/9/2035    AUD   61.506
Cie de Saint-Gobain 1.875   5/3/2035    EUR   72.132
Autonomous Community1.950   5/24/2041   EUR   70.164
Hemso Fastighets AB 2.127   4/18/2039   EUR   66.947
Caisse des Depots et1.382   3/16/2045   EUR   61.426
ABN AMRO Bank NV    0.250   12/12/2032  EUR   73.842
Kuntarahoitus Oyj   1.005   11/4/2060   EUR   55.328
Cooperatieve Raboban2.250   9/15/2047   EUR   67.115
Vasakronan AB       3.300   1/14/2042   AUD   67.947
Societe Du Grand Par2.100   2/14/2069   EUR   59.909
Credit Agricole SA  3.270   10/5/2041   AUD   56.716
Credit Suisse AG/Lon2.100   3/31/2031   USD   67.885
Kreditanstalt fuer W0.980   6/28/2051   EUR   61.546
Grand City Propertie2.800   2/25/2039   EUR   63.118
Land Berlin         0.150   2/22/2036   EUR   66.151
National Grid Electr2.500   7/24/2035   AUD   67.893
Republic of Austria 0.850   6/30/2120   EUR   39.479
Alfa Bank AO Via Alf5.900               USD   2.566
BNG Bank NV         1.040   11/28/2047  EUR   58.898
Nederlandse Watersch1.428   11/14/2046  EUR   67.855
Denmark Government B0.250   11/15/2052  DKK   49.695
Communaute Francaise1.520   7/22/2069   EUR   52.527
Deutsche Pfandbriefb1.850   9/20/2032   EUR   74.122
HYPO NOE Landesbank 1.700   9/22/2032   EUR   75.374
Muenchener Hypotheke1.543   11/16/2048  EUR   69.295
Nederlandse Watersch1.650   5/27/2061   EUR   62.701
State of Lower Austr1.750   5/2/2047    EUR   69.161
Single Platform Inve1.660   12/16/2036  EUR   73.098
Single Platform Inve0.835   10/14/2061  EUR   44.602
State of North Rhine1.467   6/12/2045   EUR   70.017
Barclays Bank PLC   3.100   12/13/2044  AUD   61.141
Wirtschafts- und Inf0.060   8/31/2034   EUR   67.796
Collectivite Europee0.181   10/9/2032   EUR   72.975
Agence Francaise de 2.360   1/30/2045   AUD   61.247
Cooperatieve Raboban0.500   12/29/2027  MXN   59.976
Societe Generale SA 20.000  2/29/2024   USD   10.250
Zurcher Kantonalbank24.800  4/12/2023   USD   40.080
UBS AG/London       13.250  4/14/2023   USD   53.950
UBS AG/London       7.250   5/3/2023    EUR   71.750
Opus Global Nyrt    2.800   10/29/2029  HUF   69.500
Takarek Mortgage Ban1.750   12/22/2026  HUF   72.800
Citigroup Global Mar2.930   9/15/2025   EUR   50.010
Landesbank Baden-Wue3.150   3/24/2023   EUR   50.230
Barclays Bank PLC   2.000   10/8/2042   EUR   59.207
Landwirtschaftliche 0.400   7/29/2036   EUR   68.155
Agence Francaise de 1.656   4/4/2054    EUR   69.091
Region Auvergne-Rhon1.150   4/8/2039    EUR   67.029
Single Platform Inve1.250   8/15/2051   EUR   57.997
LBI ehf             6.100   8/25/2011   USD   10.166
BNP Paribas SA      3.750   6/12/2040   AUD   72.115
Landshypotek Bank AB1.815   2/25/2041   SEK   71.404
Ville de Paris      0.963   6/8/2050    EUR   49.675
Cie de Financement F0.975   8/11/2046   EUR   61.859
Chelyabinsk Pipe Pla4.500   9/19/2024   USD   21.363
SAir Group          6.250   4/12/2005   CHF   11.302
Societe Du Grand Par0.576   10/29/2052  EUR   41.452
Norddeutsche Landesb0.600   2/24/2031   EUR   72.996
Raiffeisenverband Sa1.853   2/5/2049    EUR   71.932
HSBC Continental Eur2.200   2/19/2049   EUR   63.103
Single Platform Inve0.363   2/15/2041   EUR   53.671
Caisse Francaise de 1.093   10/14/2051  EUR   59.709
Caisse Francaise de 1.428   2/19/2049   EUR   69.173
Credit Suisse AG/Lon1.500   3/19/2029   USD   72.502
BPCE SA             2.255   3/12/2040   AUD   50.849
Saastopankkien Kesku0.860   1/18/2036   EUR   59.627
NRW Bank            1.182   8/7/2050    EUR   56.856
DekaBank Deutsche Gi0.230   4/22/2031   EUR   73.914
CNH Industrial Finan2.200   7/15/2039   EUR   72.507
BNG Bank NV         0.632   7/12/2066   EUR   39.791
Norddeutsche Landesb1.100   7/5/2032    EUR   72.408
Region Provence-Alpe0.569   10/1/2038   EUR   62.147
Banco Santander SA  1.000   1/14/2034   EUR   68.053
Landesbank Hessen-Th1.370   9/22/2031   EUR   71.074
Getin Noble Bank SA 11.000  8/30/2024   PLN   56.722
Region Auvergne-Rhon0.645   4/9/2040    EUR   58.370
Kreditanstalt fuer W0.820   4/15/2050   EUR   60.737
Single Platform Inve1.080   5/25/2066   EUR   46.563
Kommunalkredit Austr0.570   9/15/2037   EUR   64.520
JAB Holdings BV     2.000   12/19/2039  EUR   71.116
United Kingdom Gilt 0.250   7/31/2031   GBP   74.879
DZ Bank AG Deutsche 0.660   11/23/2035  EUR   65.956
Banque International0.480   11/13/2030  EUR   69.350
City of Gothenburg S1.990   2/20/2045   SEK   71.896
Republic of Croatia 1.000   11/27/2034  EUR   71.208
Banca Popolare di Vi9.500   10/2/2025   EUR   0.380
MFB Magyar Fejleszte1.900   4/22/2026   HUF   74.782
Societe Wallonne de 0.904   10/23/2047  EUR   47.429
Stichting Afwikkelin8.450   8/20/2018   USD   43.625
Ville de Paris      2.017   5/25/2052   EUR   65.846
Vajda-Papir Gyarto K3.500   5/17/2031   HUF   69.600
Credit Suisse AG/Lon6.900   3/20/2023   USD   2.220
Societe Generale SA 20.000  4/3/2025    USD   14.100
Credit Suisse AG/Lon21.500  3/15/2023   USD   63.330
Landesbank Baden-Wue10.000  1/26/2024   EUR   47.090
Landesbank Hessen-Th0.850   2/18/2036   EUR   59.650
GVC George's Venture2.500   12/18/2030  HUF   69.610
Banco Santander SA  2.011   4/12/2039   EUR   67.060
Global Ports Finance6.500   9/22/2023   USD   23.469
Transports Publics N0.320   10/28/2037  CHF   69.453
Italy Buoni Polienna2.800   3/1/2067    EUR   67.068
ABN AMRO Bank NV    1.070   3/3/2041    EUR   67.485
Premium Green PLC   1.610   9/30/2030   AUD   72.696
Land Thueringen     1.127   4/2/2049    EUR   62.382
Basque Government   2.350   4/11/2049   EUR   70.994
Communaute Francaise1.820   3/27/2049   EUR   65.245
DZ Bank AG Deutsche 1.000   1/24/2035   EUR   74.899
Region Bretagne SCI 0.815   6/12/2040   EUR   61.765
Region Auvergne-Rhon0.805   7/26/2039   EUR   62.501
Societe Generale SA 3.820   4/26/2039   AUD   68.755
State of Bremen     0.936   9/28/2046   EUR   62.223
Deutsche Bahn Financ2.005   6/7/2039    SEK   71.949
State of North Rhine1.491   8/23/2066   EUR   58.995
State of North Rhine1.641   8/11/2066   EUR   61.958
Oberoesterreichische1.014   9/16/2049   EUR   48.588
Communaute Francaise1.115   7/11/2039   EUR   63.965
Free and Hanseatic C1.095   6/13/2046   EUR   65.057
Credit Mutuel Arkea 1.165   9/23/2039   EUR   62.313
Societe Generale SA 2.880   9/10/2034   AUD   67.311
Steilmann SE        7.000   3/9/2017    EUR   1.429
UBS AG/London       2.630   9/3/2044    AUD   61.401
Nomura Bank Internat1.138   12/19/2039  EUR   56.878
SNCF Reseau         2.777   7/29/2115   EUR   70.069
Berlin Hyp AG       0.440   10/29/2035  EUR   61.288
Aktia Bank Oyj      0.850   12/21/2040  EUR   51.319
Kreditanstalt fuer W1.000   4/27/2041   EUR   67.833
Hungary Government B4.000   4/28/2051   HUF   54.483
Purple Protected Ass1.565   12/23/2060  EUR   60.385
Purple Protected Ass1.518   1/25/2061   EUR   62.445
Credit Suisse AG/Lon0.900   12/20/2031  EUR   59.811
Single Platform Inve0.780   2/15/2040   EUR   60.048
Landesbank Baden-Wue0.500   2/3/2032    EUR   72.878
Norske Skogindustrie7.125   10/15/2033  USD   0.010
Bayerische Landesban1.820   3/12/2031   EUR   72.181
Purple Protected Ass1.570   4/30/2061   EUR   51.735
Single Platform Inve1.103   5/25/2052   EUR   53.617
Nederlandse Watersch0.932   12/2/2060   EUR   47.894
Single Platform Inve0.940   10/4/2041   EUR   59.261
NRW Bank            0.533   1/21/2041   EUR   61.199
Region de Bruxelles-1.100   5/25/2051   EUR   52.835
Republic of Ireland 1.180   5/25/2087   EUR   45.757
Swissgrid AG        0.200   6/29/2040   CHF   66.909
Caisse des Depots et0.945   5/19/2051   EUR   51.016
Santander Internatio2.770   7/2/2035    USD   71.243
NRW Bank            0.106   8/17/2050   EUR   47.189
Hospices Civils de L0.380   8/28/2030   EUR   74.299
Purple Protected Ass1.598   2/5/2061    EUR   63.472
Bayerische Landesban0.280   10/9/2030   EUR   73.222
Societe Generale SA 5.050   11/25/2036  USD   50.200
Pfandbriefbank schwe0.250   1/24/2041   CHF   71.952
HYPO NOE Landesbank 1.810   1/16/2034   EUR   73.618
Banque et Caisse d'E1.000   1/4/2042    EUR   66.795
Deutsche Bank AG    0.500   9/16/2031   EUR   73.046
Landesbank Hessen-Th1.806   5/11/2037   EUR   71.656
Wirtschafts- und Inf0.208   1/28/2043   EUR   52.323
City of Amsterdam Ne0.490   12/16/2036  EUR   67.341
DNB Boligkreditt AS 1.474   5/22/2037   EUR   74.279
Single Platform Inve1.083   2/15/2041   EUR   62.617
DNB Boligkreditt AS 1.594   1/29/2043   EUR   72.059
Rikshem AB          1.910   11/16/2032  NOK   74.878
Landesbank Saar     0.835   2/19/2035   EUR   68.088
Groupe Hospitalier B1.070   4/16/2041   EUR   74.644
Nederlandse Watersch1.180   2/23/2037   EUR   74.475
Intesa Sanpaolo Bank3.102   11/19/2035  AUD   68.800
Nationwide Building 1.420   4/23/2041   EUR   72.870
Region Wallonne Belg1.150   9/2/2120    EUR   33.356
Aareal Bank AG      0.625   9/16/2030   EUR   73.173
Comunidad Foral de N0.550   10/22/2035  EUR   65.551
Virgolino de Oliveir11.750  2/9/2022    USD   0.815
Landesbank Baden-Wue7.000   4/28/2023   EUR   77.780
Anselma Issuer SA   2.174   12/31/2038  EUR   48.580
Corner Banca SA     8.000   5/10/2023   CHF   70.430
KESZ Holding Busines2.800   6/17/2031   HUF   67.440
Credit Suisse AG/Lon11.000  9/5/2023    CHF   72.030
Credit Suisse AG/Lon4.600   3/31/2023   USD   9.630
DekaBank Deutsche Gi6.000   7/19/2023   EUR   65.440
Banque Cantonale Vau7.300   9/16/2024   CHF   19.270
Vontobel Financial P4.000   7/18/2023   EUR   56.720
MOL Hungarian Oil & 1.900   4/12/2031   HUF   57.300
SkyGreen Buildings K3.000   12/29/2030  HUF   63.700
DZ Bank AG Deutsche 5.000   3/24/2023   EUR   62.080
Deutsche Bank AG/Lon13.750  6/20/2026   TRY   39.714
Citigroup Global Mar1.370   7/27/2051   EUR   55.317
City of Zurich Switz0.250   11/24/2051  CHF   63.104
Banque et Caisse d'E0.880   2/10/2037   EUR   72.023
Bazalgette Finance P0.174   5/16/2049   GBP   64.536
DZ Bank AG Deutsche 0.760   9/15/2033   EUR   73.020
Credit Suisse AG/Lon2.000   9/30/2030   USD   68.965
Region Wallonne Belg1.300   6/16/2068   EUR   44.368
Berlin Hyp AG       0.030   7/22/2030   EUR   73.975
Region Occitanie    0.727   11/16/2037  EUR   65.808
Landesbank Hessen-Th1.000   6/18/2035   EUR   66.615
Nederlandse Watersch1.208   1/23/2042   EUR   68.380
Banco Santander SA  0.180   7/8/2031    EUR   74.813
Autonomous Community1.900   5/24/2039   EUR   72.732
Landesbank Hessen-Th0.650   11/13/2034  EUR   64.727
Communaute Francaise1.187   9/16/2069   EUR   51.383
Communaute Francaise0.584   9/17/2039   EUR   57.443
Landesbank Hessen-Th0.750   9/18/2034   EUR   65.952
HSBC Continental Eur1.140   8/26/2049   EUR   47.641
BNG Bank NV         2.011   12/18/2045  EUR   75.078
Credit Suisse AG/Lon3.880   10/31/2036  USD   66.758
Decipher Production 12.500  9/27/2019   USD   1.500
DZ HYP AG           1.528   3/12/2040   EUR   72.733
Grand Delta Habitat 1.820   3/18/2050   EUR   64.188
Goldman Sachs Intern2.200   3/29/2048   EUR   70.333
Region de Bruxelles-0.650   2/15/2061   EUR   34.304
DZ Bank AG Deutsche 1.000   1/13/2032   EUR   73.777
V-Bank AG           4.000               EUR   70.906
Nederlandse Watersch1.850   2/11/2059   EUR   67.895
Credit Agricole SA  1.000   4/6/2035    EUR   68.640
Pfandbriefzentrale d0.200   5/22/2042   CHF   69.592
Region Auvergne-Rhon0.800   5/22/2040   EUR   59.961
Nomura Bank Internat1.415   1/27/2042   EUR   61.451
BNG Bank NV         2.000   9/5/2058    EUR   66.215
Single Platform Inve1.010   3/20/2051   EUR   53.982
DZ Bank AG Deutsche 0.750   5/4/2033    EUR   73.727
Pfandbriefzentrale d0.450   2/11/2042   CHF   73.892
NRW Bank            0.300   9/29/2033   EUR   72.894
Credit Bank of Mosco3.100   1/21/2026   EUR   24.228
HSBC Continental Eur1.875   5/23/2036   EUR   74.228
Assistance Publique 0.791   8/27/2051   EUR   46.496
Societe Nationale SN2.910   1/27/2051   AUD   65.583
Muenchener Hypotheke0.120   8/13/2030   EUR   74.484
DZ HYP AG           0.300   8/21/2035   EUR   66.327
Muenchener Hypotheke1.185   5/5/2059    EUR   57.051
DZ Bank AG Deutsche 0.190   1/14/2031   EUR   70.667
United Kingdom Gilt 1.750   9/7/2037    GBP   74.522
Thomas Cook Group PL6.250   6/15/2022   EUR   0.325
Centre Hospitalier d1.580   2/11/2061   EUR   68.818
Kreditanstalt fuer W0.683   2/22/2051   EUR   56.753
Centre Hospitalier B0.950   2/5/2041    EUR   50.918
ABN AMRO Bank NV    1.585   1/21/2039   EUR   74.403
Hypo-Bank Burgenland0.810   9/17/2031   EUR   71.883
Single Platform Inve2.160   2/15/2044   EUR   74.728
Jyske Realkredit A/S0.500   10/1/2053   DKK   65.334
Deutsche Bank AG    1.050   9/1/2031    EUR   73.244
Credit Agricole Corp2.110   7/6/2037    EUR   75.127
Brussels Municipalit0.336   12/15/2035  EUR   65.337
Deutsche Bank AG    1.750   4/9/2035    EUR   71.046
Agence France Locale0.586   6/20/2034   EUR   69.646
Vnesheconombank Via 5.942   11/21/2023  USD   7.745
Wirtschafts- und Inf0.200   12/2/2043   EUR   51.683
Kommunekredit       0.869   11/12/2043  SEK   59.332
Hungary Government I1.500   11/17/2050  EUR   49.493
Agence Francaise de 2.302   10/25/2044  USD   64.394
Ringkjoebing Landbob1.100   10/30/2035  EUR   66.206
Landesbank Berlin AG2.058   11/4/2031   EUR   73.320
Hypo-Bank Burgenland1.010   10/29/2049  EUR   59.762
Single Platform Inve0.695   6/25/2039   EUR   60.548
Hypo Vorarlberg Bank1.590   8/25/2050   EUR   44.986
Aktia Bank Oyj      0.800   2/26/2036   EUR   59.918
Natixis SA          2.420   9/29/2035   AUD   66.689
Nederlandse Watersch1.870   11/8/2057   EUR   71.493
City of Hanover Germ1.580   11/17/2042  EUR   74.147
Belfius Bank SA     0.125   6/19/2034   EUR   68.669
Landesbank Hessen-Th0.900   7/12/2034   EUR   72.000
Barclays Bank PLC   1.580   4/12/2039   EUR   71.300
DekaBank Deutsche Gi2.200   3/24/2023   EUR   68.760
DekaBank Deutsche Gi3.250   4/6/2023    EUR   73.540
GTC Magyarorszag Zrt2.600   3/17/2031   HUF   65.640
Futureal Development3.500   11/16/2036  HUF   51.000
AutoWallis Nyrt     3.000   4/15/2030   HUF   64.480
Vorosko Kereskedelmi4.750   1/25/2032   HUF   68.000
MOL Nyrt Kueloenlege4.950   1/26/2032   HUF   70.580
SALVATOR Vermoegensv9.500               EUR   7.900
Communaute Francaise1.010   7/19/2051   EUR   49.951
DZ Bank AG Deutsche 1.250   2/23/2037   EUR   71.374
Russian Foreign Bond5.100   3/28/2035   USD   41.165
Landesbank Hessen-Th2.180   3/17/2042   EUR   72.718
Nederlandse Watersch0.964   6/11/2059   EUR   52.119
AlphaNotes ETP Dac  0.050   12/22/2029  USD   68.823
Region Auvergne-Rhon0.530   9/29/2036   EUR   64.721
Single Platform Inve0.800   12/20/2040  EUR   59.484
Credit Agricole Corp3.200   3/19/2041   AUD   67.970
Credit Agricole Corp11.640  3/24/2027   TRY   66.790
Vodafone Group PLC  4.600   8/9/2046    USD   75.190
Lloyds Bank PLC     2.580   3/28/2039   SEK   72.433
Berner Kantonalbank 0.100   9/30/2039   CHF   67.619
LR Realkredit AS    0.500   10/1/2040   DKK   74.350
Landesbank Hessen-Th0.300   9/17/2030   EUR   74.513
Single Platform Inve1.000   7/8/2034    EUR   70.038
Hypo Vorarlberg Bank0.400   12/22/2031  EUR   63.313
Landesbank Baden-Wue1.100   5/7/2040    EUR   62.747
Caisse des Depots et2.940   3/2/2051    AUD   66.764
Landesbank Hessen-Th0.550   4/9/2031    EUR   74.022
Region Auvergne-Rhon0.650   5/18/2038   EUR   62.565
DZ Bank AG Deutsche 0.500   3/12/2032   EUR   68.494
UBS AG/London       1.860   2/28/2049   EUR   68.288
DZ Bank AG Deutsche 0.710   10/20/2031  EUR   72.240
Bayerische Landesban0.650   10/13/2031  EUR   73.651
Landshypotek Bank AB1.680   1/20/2042   SEK   68.747
Single Platform Inve2.290   7/19/2038   NOK   72.850
Region de Bruxelles-0.930   5/3/2051    EUR   48.486
Uliving@Essex2 Issue0.100   8/31/2063   GBP   64.271
Ile-de-France Mobili1.000   12/2/2043   EUR   59.642
Landesbank Hessen-Th0.900   6/10/2036   EUR   63.906
Nordea Hypotek AB   2.250   10/15/2048  SEK   71.590
Agence Francaise de 2.330   2/10/2041   AUD   64.197
Kingdom of Belgium G0.650   6/22/2071   EUR   39.153
BNG Bank NV         0.562   6/7/2051    EUR   55.275
Raiffeisenbank AS   6.989               EUR   74.713
Single Platform Inve0.955   2/15/2041   EUR   60.837
Hemso Fastighets AB 2.418   11/30/2038  EUR   70.493
Hypo Tirol Bank AG  0.565   2/5/2031    EUR   74.335
Tonon Luxembourg SA 12.500  5/14/2024   USD   0.009
Muenchener Hypotheke0.886   3/26/2043   EUR   62.083
Swedbank Hypotek AB 1.669   2/27/2043   EUR   72.975
Region Auvergne-Rhon0.697   8/2/2036    EUR   66.711
Kuntarahoitus Oyj   1.557   3/29/2052   EUR   73.681
Royal Schiphol Group3.090   7/1/2034    AUD   72.731
Deutsche Pfandbriefb0.500   11/18/2030  EUR   70.349
Single Platform Inve0.656   9/20/2050   EUR   46.725
Cattles Ltd         8.125   7/5/2017    GBP   0.027
Agence France Locale0.330   12/20/2040  EUR   56.680
Nederlandse Watersch1.000   11/24/2050  EUR   57.282
Region Auvergne-Rhon0.493   10/23/2037  EUR   61.950
Santander Internatio1.700   12/12/2049  EUR   42.536
Region Wallonne Belg1.717   2/2/2038    EUR   74.769
AlphaNotes ETP Dac  1.000   9/15/2032   USD   65.847
DZ Bank AG Deutsche 0.300   5/30/2035   EUR   67.322
DZ Bank AG Deutsche 0.500   9/22/2031   EUR   74.812
Bulgaria Government 1.375   9/23/2050   EUR   54.056
Single Platform Inve1.163   5/25/2066   EUR   48.236
Hypo Vorarlberg Bank1.020   1/17/2035   EUR   57.567
Romanian Government 3.375   1/28/2050   EUR   58.270
Northland Resources 4.000   10/15/2020  USD   0.271
AK BARS Bank Via AK 8.000   7/13/2022   USD   31.000
ABN AMRO Bank NV    1.290   3/25/2037   EUR   74.120
Leonteq Securities A7.000   3/29/2023   CHF   55.370
Luzerner Kantonalban6.720   5/12/2023   USD   66.030
Societe Generale SA 16.000  2/29/2024   USD   8.250
Tranzit-Food Baromfi2.000   6/23/2028   HUF   #N/A N/A
Landesbank Baden-Wue1.250   4/24/2039   EUR   65.230
EFG International Fi9.000   8/24/2023   USD   65.760
SG Issuer SA        0.300   2/16/2032   EUR   47.580
SG Issuer SA        0.021   8/15/2033   EUR   65.330
DekaBank Deutsche Gi3.000   6/2/2023    EUR   63.410
Vontobel Financial P6.000   3/24/2023   EUR   67.710
Sberbank of Russia P0.010   11/3/2026   RUB   71.000
Credit Suisse AG/Lon9.000   4/22/2024   USD   25.500
Rosseti Kuban PJSC  10.440  11/21/2025  RUB   75.000
Credit Suisse AG/Lon1.400   11/4/2025   CHF   43.120
Pick Szeged Szalamig2.000   12/6/2029   HUF   62.760
United Kingdom Gilt 0.625   10/22/2050  GBP   42.198
Petromena ASA       9.750   5/24/2016   NOK   0.607
Purple Protected Ass1.600   9/8/2056    EUR   51.513
Espirito Santo Finan4.227   10/27/2024  EUR   0.979
Irish Bank Resolutio4.000   4/23/2018   EUR   33.250
Municipality of Leva0.750   11/17/2036  EUR   66.296
Kuntarahoitus Oyj   0.250   6/28/2040   CAD   41.654
Frankfurter Volksban0.100   7/15/2031   EUR   71.538
DZ Bank AG Deutsche 0.850   2/10/2032   EUR   72.928
Region Auvergne-Rhon0.543   9/28/2036   EUR   64.808
Portugal Obrigacoes 1.150   4/11/2042   EUR   62.970
Region Nouvelle-Aqui0.814   11/22/2044  EUR   55.064
Kreditanstalt fuer W0.613   6/10/2040   EUR   60.207
Bank fuer Kirche und0.800   11/12/2035  EUR   67.482
Norddeutsche Landesb1.350   10/20/2038  EUR   62.574
Societe Nationale SN3.190   4/19/2041   AUD   73.029
Credit Agricole Corp3.100   4/28/2041   AUD   66.894
DLR Kredit A/S      0.500   10/1/2050   DKK   66.219
Credit Suisse AG/Lon4.430   9/25/2035   USD   73.024
Region de Bruxelles-0.845   9/30/2059   EUR   41.628
State of Rhineland-P0.600   10/24/2046  EUR   54.543
Region Wallonne Belg0.808   6/24/2038   EUR   62.954
Norddeutsche Landesb1.420   4/28/2039   EUR   62.119
SCF Capital Designat3.850   4/26/2028   USD   20.461
Region de Bruxelles-0.500   6/22/2040   EUR   57.203
DZ Bank AG Deutsche 0.780   3/5/2030    EUR   72.061
Saechsische Aufbauba0.300   2/18/2042   EUR   52.536
ING Bank NV         1.550   6/23/2039   EUR   74.826
La Banque Postale Ho1.427   2/11/2039   EUR   73.385
Berlin Hyp AG       0.010   11/28/2031  EUR   74.431
Single Platform Inve1.850   2/15/2041   NOK   66.071
Banco Santander SA  1.020   1/4/2034    EUR   70.871
NRW Bank            1.000   6/24/2051   EUR   59.143
BPCE SA             2.730   10/5/2036   AUD   60.950
Heta Asset Resolutio5.030   12/31/2023  EUR   1.500
Single Platform Inve1.762   5/25/2066   EUR   58.139
Banque International1.500   1/20/2037   EUR   71.055
Bayerische Landesban0.770   6/18/2032   EUR   70.695
Akademiska Hus AB   2.600   11/20/2047  SEK   74.752
Caisse des Depots et1.438   5/24/2051   EUR   59.001
Caisse des Depots et1.780   1/15/2048   EUR   66.528
United Kingdom Gilt 1.625   10/22/2071  GBP   50.904
LFA Foerderbank Baye0.160   1/2/2040    EUR   58.321
Centre Hospitalier U0.490   12/1/2036   EUR   65.448
UniCredit SpA       1.050   1/23/2031   EUR   74.533
Banque International0.670   6/29/2030   EUR   71.820
Stadshypotek AB     1.444   4/19/2038   EUR   74.439
AB Financial Product2.468   7/30/2040   EUR   56.749
Muenchener Hypotheke0.420   11/16/2033  EUR   68.779
Kreditanstalt fuer W0.990   2/12/2051   EUR   61.322
Agence Francaise de 1.955   11/21/2053  EUR   74.805
Region Wallonne Belg0.250   12/29/2036  EUR   62.068
Nomura Bank Internat1.150   10/6/2036   EUR   64.301
National Grid Electr3.350   6/10/2036   AUD   73.818
State of Lower Austr0.080   9/22/2031   EUR   74.670
Barclays Bank PLC   0.500   10/1/2031   TRY   11.305
Region Wallonne Belg1.550   4/28/2120   EUR   44.918
Banque International0.500   10/22/2029  EUR   74.169
Credit Agricole CIB 0.540   9/20/2033   EUR   68.419
Bayerische Landesban0.520   11/26/2031  EUR   72.410
Region Bretagne SCI 0.544   12/7/2036   EUR   65.981
Region de Bruxelles-2.410   8/23/2063   EUR   69.558
Sequa Petroleum NV  5.000   4/29/2020   USD   30.250
Credit Agricole Corp2.500   2/20/2048   EUR   73.966
Caisse Francaise de 1.668   2/23/2043   EUR   74.714
Hypo Vorarlberg Bank1.022   7/31/2034   EUR   58.821
Raiffeisenverband Sa1.500   2/1/2038    EUR   73.272
SpareBank 1 SMN     0.190   11/6/2030   EUR   69.255
BPCE SA             1.920   12/9/2030   AUD   69.457
Astana Finance BV   7.875   6/8/2010    EUR   16.000
Landesbank Saar     0.540   11/18/2033  EUR   67.943
Norddeutsche Landesb0.600   12/9/2030   EUR   73.054
State of Lower Austr0.550   11/13/2080  EUR   28.542
Nederlandse Watersch0.190   11/2/2050   EUR   44.264
Gebr Sanders GmbH & 8.750   10/22/2018  EUR   9.375
Caisse Francaise de 0.510   11/19/2040  EUR   59.798
Batigere Grand Est S1.485   10/25/2039  EUR   66.660
Credit Industriel Et1.550   5/15/2035   EUR   74.272
Telia Co AB         3.000   9/25/2064   EUR   70.518
Ville de Marseille  0.711   11/29/2033  EUR   73.896
Pfandbriefzentrale d0.050   10/6/2043   CHF   65.519
Single Platform Inve1.117   5/25/2066   EUR   48.022
Landesbank Hessen-Th2.400   6/9/2036    EUR   59.550
DekaBank Deutsche Gi3.510   4/28/2023   EUR   64.660
Credit Suisse AG/Lon7.500   3/29/2023   CHF   69.930
SG Issuer SA        1.500   1/24/2034   EUR   69.570
UBS AG/London       6.850   7/25/2023   USD   #N/A N/A
Mercedes-Benz Manufa1.500   3/16/2027   HUF   70.000
Leonteq Securities A7.000   9/13/2023   CHF   56.670
DZ Bank AG Deutsche 1.370   12/28/2029  EUR   68.310
VTB Bank PJSC       8.585               USD   25.000
Rosselkhozbank JSC  10.100              RUB   75.000
COFIDUR SA          0.100   12/31/2024  EUR   34.000
Landesbank Hessen-Th1.200   5/17/2034   EUR   73.500
Societe Generale SA 10.000  4/28/2034   USD   65.550
WEB Windenergie AG  3.750   9/26/2026   EUR   0.010
Landesbank Hessen-Th1.350   4/26/2034   EUR   74.200
OR PJSC             11.500  7/28/2024   RUB   3.830
Dr Wiesent Sozial gG7.000               EUR   0.002
UniCredit Bank AG   4.150   5/8/2023    EUR   67.850
Banco Santander SA  0.020   7/23/2031   EUR   73.689
Barclays Bank PLC   2.325   1/2/2041    USD   69.940
IBP Markets Ltd     5.000               GBP   50.909
Republic of Ireland 0.810   7/10/2079   EUR   38.446
Republic of Austria 0.100   7/10/2040   EUR   57.295
Hypo Vorarlberg Bank1.020   7/15/2041   EUR   45.986
Kreditanstalt fuer W1.208   6/17/2051   EUR   66.254
ABN AMRO Bank NV    1.950   12/7/2048   EUR   73.730
Credit Suisse Group 2.455   7/4/2034    EUR   65.804
Department of L'Eure1.110   6/18/2039   EUR   67.115
Single Platform Inve1.233   6/25/2044   EUR   63.579
Landesbank Baden-Wue0.400   12/1/2031   EUR   73.025
Grand Delta Habitat 1.750   10/28/2061  EUR   69.667
Region Provence-Alpe0.753   1/5/2037    EUR   67.603
Societe Publique d'A2.003   9/27/2044   EUR   72.146
Autonomous Community1.442   10/26/2049  EUR   55.611
Citigroup Global Mar2.000   3/21/2037   EUR   74.449
Assistance Publique 1.502   5/9/2044    EUR   67.635
Caisse des Depots et1.474   6/5/2049    EUR   60.193
Region de Bruxelles-0.759   9/20/2049   EUR   47.521
Deutsche Pfandbriefb0.857   9/18/2037   EUR   54.136
Cie de Financement F1.730   5/13/2046   EUR   71.498
BPCE SA             1.850   10/30/2030  AUD   69.488
Credit Agricole SA  1.150   12/24/2030  EUR   74.534
Citigroup Global Mar1.240   2/18/2040   EUR   61.843
DZ Bank AG Deutsche 0.550   3/23/2033   EUR   70.908
Brussels Municipalit0.832   3/29/2041   EUR   60.238
Banque International0.510   2/10/2031   EUR   68.325
Kreditanstalt fuer W0.650   2/24/2041   EUR   63.994
Region Wallonne Belg1.240   5/28/2069   EUR   42.688
United Kingdom Gilt 0.500   10/22/2061  GBP   32.488
HYPO NOE Landesbank 1.655   2/21/2034   EUR   71.954
Single Platform Inve0.810   4/1/2042    EUR   57.879
Allgemeine Sparkasse0.480   5/24/2033   EUR   73.202
Citigroup Global Mar1.200   8/25/2041   EUR   59.526
Single Platform Inve1.170   7/8/2034    EUR   72.672
Grand Delta Habitat 1.500   9/1/2047    EUR   53.477
Nederlandse Watersch1.500   3/10/2042   EUR   71.221
Communaute Francaise1.380   11/7/2046   EUR   59.512
Credit Agricole CIB 0.500   2/23/2033   EUR   69.222
BNG Bank NV         2.000   2/19/2038   AUD   65.546
Single Platform Inve1.460   5/25/2052   EUR   58.992
Landesbank Hessen-Th0.400   1/21/2031   EUR   73.650
Hemso Fastighets AB 0.473   2/18/2030   EUR   73.425
NRW Bank            1.000   2/26/2050   EUR   60.348
Luzerner Kantonalban0.500   7/26/2041   CHF   73.954
Dolphin Drilling ASA4.490   8/28/2019   NOK   0.644
Communaute Francaise2.350   8/18/2062   EUR   70.128
Landesbank Saar     0.650   11/19/2035  EUR   65.162
Kuntarahoitus Oyj   1.155   11/19/2060  EUR   54.852
UBS Group AG        2.210   11/24/2035  USD   69.130
Region Bourgogne-Fra0.270   12/7/2035   EUR   65.589
Credit Agricole CIB 0.400   12/4/2032   EUR   67.879
Single Platform Inve0.924   2/18/2049   EUR   51.698
BNP Paribas SA      1.395   2/12/2035   EUR   69.286
Region of Centre-Val0.712   12/3/2039   EUR   61.475
Operateur de Reseaux2.850   2/3/2045    EUR   74.626
Natixis SA          2.950   10/28/2034  AUD   72.167
Raiffeisen-Landesban0.766   9/17/2031   EUR   71.825
Slovenia Government 0.488   10/20/2050  EUR   42.801
Commerzbank AG      1.046   12/18/2034  EUR   69.164
Commerzbank AG      1.430   1/23/2040   EUR   64.327
Penarian Housing Fin3.212   6/7/2052    GBP   70.690
Landesbank Hessen-Th1.650   5/27/2030   EUR   10.652
Erste Group Bank AG 4.500   11/2/2025   EUR   59.000
DekaBank Deutsche Gi4.000   6/9/2023    EUR   60.820
OR PJSC             13.500  10/22/2025  RUB   9.620
SG Issuer SA        11.170  7/20/2025   SEK   35.420
Leonteq Securities A10.000  3/29/2023   USD   71.720
Danske Bank A/S     6.600   1/9/2027    SEK   74.680
UBS AG              9.000   3/31/2023   USD   #N/A N/A
UBS AG/London       7.500   6/22/2023   USD   70.200
Zurcher Kantonalbank12.000  3/17/2023   CHF   54.390
OR PJSC             16.000  11/26/2025  RUB   18.100
Leonteq Securities A10.000  7/21/2023   CHF   62.230
STAVMAT Epitoanyag K3.000   7/20/2031   HUF   67.100
OR PJSC             16.000  11/22/2025  RUB   22.940
Leonteq Securities A5.200   11/29/2023  CHF   70.450
MET Hungary Solar Pa3.800   12/2/2031   HUF   72.050
Bank Vontobel AG    13.000  3/18/2024   CHF   70.500
Landesbank Baden-Wue5.100   8/25/2023   EUR   58.920
Credit Suisse AG/Lon18.250  3/14/2023   CHF   36.280
Credit Suisse AG/Lon13.300  11/29/2023  USD   38.430
Metal Hungaria Holdi3.000   11/17/2030  HUF   62.500
Credit Suisse AG/Lon9.750   4/27/2023   USD   53.990
SG Issuer SA        1.750   3/17/2034   EUR   72.050
Vontobel Financial P2.858   1/4/2024    EUR   56.120
OR PJSC             12.000  11/14/2024  RUB   0.090
SG Issuer SA        2.250   10/28/2029  EUR   69.340
Erste Group Bank AG 6.750   5/31/2024   EUR   79.800
Landesbank Hessen-Th0.500   8/9/2034    EUR   73.300
Communication Techno5.250   1/27/2032   HUF   65.000
Societe Generale SA 8.000   5/28/2027   USD   40.860
NRW Bank            1.276   2/15/2042   EUR   70.462
Landesbank Baden-Wue0.200   4/16/2031   EUR   72.757
SAG Solarstrom AG   7.500   7/10/2017   EUR   31.000
Landesbank Hessen-Th0.600   3/18/2031   EUR   73.883
Kingdom of Belgium G0.675   7/7/2080    EUR   30.415
Romanian Government 4.000   2/14/2051   USD   68.903
Region de Bruxelles-1.250   1/10/2060   EUR   46.368
BPCE SFH SA         1.229   4/12/2049   EUR   62.248
Credit Suisse AG/Lon1.400   12/20/2030  EUR   68.241
Agence Francaise de 1.805   2/18/2049   EUR   72.059
Hungary Government B3.000   8/21/2030   HUF   69.432
Lehman Brothers Trea2.875   3/14/2013   CHF   0.100
Republic of Ireland 1.100   11/12/2096  EUR   40.253
NRW Bank            1.341   2/17/2039   EUR   73.858
Astana Finance BV   9.000   11/16/2011  USD   15.250
Region Provence-Alpe0.785   6/18/2040   EUR   61.832
Hypo Vorarlberg Bank0.405   3/18/2030   EUR   72.035
Single Platform Inve1.480   7/25/2053   EUR   61.947
Communaute Francaise2.041   4/12/2069   EUR   63.993
DZ Bank AG Deutsche 1.598   10/11/2050  EUR   61.306
Cie de Financement F1.630   5/26/2046   EUR   69.847
HYPO NOE Landesbank 2.950   6/7/2046    EUR   75.463
Communaute Francaise1.120   7/19/2038   EUR   65.560
NRW Bank            0.473   6/23/2049   EUR   55.249
Communaute Francaise0.788   8/30/2049   EUR   48.100
Credit Suisse AG/Lon0.500   1/8/2026    BRL   69.265
Italy Buoni Polienna2.700   3/1/2047    EUR   73.275
Rio Forte Investment4.750   11/10/2015  EUR   2.387
Vasakronan AB       1.770   10/26/2033  NOK   71.820
SpareBank 1 SR-Bank 1.650   2/24/2042   EUR   58.110
Credit Agricole Corp3.020   4/22/2036   AUD   72.167
Region de Bruxelles-0.609   12/3/2049   EUR   44.831
Caisse des Depots et0.820   3/10/2050   EUR   49.185
Single Platform Inve2.080   4/30/2045   EUR   71.710
Landeskreditbank Bad0.730   10/4/2050   EUR   53.411
Citigroup Global Mar2.950   9/29/2041   AUD   71.436
Republic of Poland G1.250   10/25/2030  PLN   69.071
BPCE SA             1.850   2/8/2036    EUR   74.114
Societe Generale SA 2.060   3/12/2031   USD   75.396
DZ Bank AG Deutsche 0.470   6/24/2030   EUR   73.981
Region of Pays de la0.334   3/9/2033    EUR   73.165
Kreditanstalt fuer W0.953   1/24/2042   EUR   67.433
NRW Bank            1.180   3/3/2051    EUR   63.695
Natixis SA          2.800   3/3/2041    USD   70.539
Kuntarahoitus Oyj   1.449   3/1/2061    EUR   65.731
Nomura Bank Internat1.380   1/19/2037   EUR   66.735
Single Platform Inve0.915   2/15/2043   EUR   58.943
KPNQwest NV         10.000  3/15/2012   EUR   0.655
Kreditanstalt fuer W1.208   3/10/2051   EUR   66.190
Morgan Stanley & Co 3.470   1/27/2042   AUD   66.134
Home Invest Belgium 1.850   1/15/2032   EUR   73.324
Landeskreditbank Bad1.017   3/15/2061   EUR   52.754
Cooperatieve Raboban1.099   6/28/2051   EUR   60.088
Bausparkasse Wuesten1.830   4/3/2043    EUR   75.159
Nederlandse Watersch1.486   4/24/2052   EUR   65.361
Bank of Ireland Mort1.501   3/29/2038   EUR   74.401
Raiffeisen-Landesban1.470   5/3/2069    EUR   55.778
Region Bourgogne-Fra0.945   5/20/2039   EUR   65.297
Ukraine Government I8.994   2/1/2026    USD   18.543
Santander Consumer B8.090               NOK   56.529
Arkea Public Sector 1.642   5/18/2043   EUR   73.279
Region de Bruxelles-1.000   4/21/2051   EUR   50.635
Pfandbriefbank schwe0.125   8/17/2040   CHF   70.601
Single Platform Inve1.370   7/25/2053   EUR   59.216
Bausparkasse Wuesten0.485   6/25/2040   EUR   59.367
Landesbank Baden-Wue0.490   5/28/2031   EUR   73.111
Citigroup Global Mar0.200   1/19/2031   EUR   71.371
SAir Group          6.250   10/27/2002  CHF   11.302
Bayerische Landesban1.680   12/18/2037  EUR   68.448
Raiffeisenlandesbank0.658   9/29/2031   EUR   71.138
Landesbank Hessen-Th0.600   4/9/2035    EUR   63.326
Landesbank Baden-Wue0.140   10/20/2031  EUR   71.245
Region Wallonne Belg2.168   7/26/2047   EUR   69.916
Caisse des Depots et1.920   6/15/2048   EUR   66.923
Ile-de-France Mobili1.200   4/8/2050    EUR   54.820
Ville de Paris      0.963   12/6/2051   EUR   49.274
DZ Bank AG Deutsche 0.500   3/2/2038    EUR   59.246
State of North Rhine1.650   5/16/2047   EUR   71.641
Region de Bruxelles-2.344   2/14/2053   EUR   70.285
Kommunalkredit Austr1.183   6/2/2031    EUR   65.959
Ville de Marseille  1.712   12/6/2039   EUR   74.396
Agence Francaise de 2.114   9/8/2034    AUD   71.618
NIBC Bank NV        0.410   1/27/2031   EUR   68.191
Regie Autonome des T0.953   5/24/2052   EUR   53.801
State of Lower Austr0.585   10/11/2049  EUR   47.999
Lloyds Banking Group0.995   2/15/2038   JPY   74.128
Vacse AB            2.067   4/20/2034   SEK   74.466
Banque International0.775   11/18/2032  EUR   61.536
Barclays Bank PLC   1.235   11/27/2040  EUR   50.950
Landeskreditbank Bad0.170   12/10/2035  EUR   66.899
Region Bourgogne-Fra0.300   12/3/2040   EUR   54.421
Region de Bruxelles-0.283   10/24/2033  EUR   69.662
Sveriges Sakerstalld0.928   11/7/2034   SEK   71.509
Agrokor dd Via Aquar4.921   8/8/2017    EUR   14.625
Specialfastigheter S1.180   12/2/2044   SEK   55.621
HSBC Continental Eur1.410   12/12/2039  EUR   59.244
Batigere Grand Est S1.550   11/14/2039  EUR   67.338
Communaute Francaise0.785   8/24/2050   EUR   47.287
Landesbank Hessen-Th0.650   10/1/2031   EUR   73.156
NRW Bank            1.245   9/7/2060    EUR   57.770
Landesbank Hessen-Th0.700   10/29/2035  EUR   63.021
Emissionszentrale fu0.100   11/2/2038   CHF   74.274
Kreditanstalt fuer W1.000   10/20/2050  EUR   61.805
Natixis SA          3.210   1/29/2050   AUD   63.558
Petromena ASA       10.850  11/19/2018  USD   0.622
Agrokor dd          9.125   2/1/2020    EUR   15.000
Single Platform Inve1.051   4/1/2042    EUR   61.184
Espirito Santo Finan5.125   5/30/2016   EUR   0.528
Cooperatieve Raboban1.300   3/28/2039   EUR   72.914
Single Platform Inve1.600   2/15/2041   EUR   69.452
UBS AG/London       5.520   4/29/2041   USD   47.270
Leonteq Securities A7.600   3/9/2023    EUR   29.460
Otthon Centrum Holdi3.000   4/19/2031   HUF   68.500
UBS AG/London       7.000   4/21/2023   USD   37.050
BNP Paribas Issuance3.400   1/23/2024   EUR   72.450
UniCredit Bank AG   15.050  4/28/2023   EUR   41.550
DZ Bank AG Deutsche 4.050   6/23/2023   EUR   52.090
UBS AG/London       8.750   7/12/2023   USD   59.150
Leonteq Securities A8.000   3/8/2023    CHF   55.100
DZ Bank AG Deutsche 3.900   3/24/2023   EUR   62.240
Landesbank Hessen-Th1.000   4/30/2035   EUR   66.700
Nordea Bank Abp     4.100   7/20/2023   SEK   50.835
Landesbank Hessen-Th1.000   12/28/2035  EUR   62.150
UBS AG/London       7.750   4/29/2024   CHF   69.250
WEB Windenergie AG  6.250               EUR   90.000
Duna House Holding N3.000   9/2/2030    HUF   72.830
MetMax Europe Zrt   3.000   12/11/2030  HUF   65.700
Pannonia Bio Ltd    2.400   9/18/2029   HUF   65.480
LP Portfolio Vagyonk2.640   1/8/2030    HUF   69.100
Santander Internatio1.150   4/8/2041    EUR   51.424
Credit Suisse AG/Lon2.100   3/15/2037   EUR   55.158
Landesbank Baden-Wue0.200   5/7/2031    EUR   72.632
Single Platform Inve1.840   11/5/2040   EUR   72.865
Caisse des Depots et1.365   11/2/2051   EUR   57.394
Single Platform Inve1.830   11/5/2040   EUR   72.735
Single Platform Inve0.465   2/27/2035   EUR   64.393
Region de Bruxelles-1.065   6/22/2047   EUR   55.123
de Volksbank NV     1.630   1/14/2039   EUR   74.874
NRW Bank            0.120   2/24/2033   EUR   72.986
Societe Generale SA 5.400   11/17/2037  USD   49.180
Republic of Ireland 1.020   9/10/2086   EUR   41.588
Citigroup Global Mar1.010   12/1/2034   EUR   67.746
Region Occitanie    0.728   11/16/2037  EUR   65.017
Deutschsprachige Gem1.004   7/1/2036    EUR   70.873
Landesbank Hessen-Th1.150   11/24/2036  EUR   65.932
Muenchener Hypotheke0.867   2/25/2047   EUR   61.453
Norske Skogindustrie2.000   12/30/2115  EUR   0.113
Vasakronan AB       1.870   6/3/2039    EUR   55.617
State of North Rhine1.267   9/16/2051   EUR   62.584
Communaute Francaise1.363   4/16/2040   EUR   65.848
HSBC Continental Eur1.200   9/26/2039   EUR   57.195
Canton of Neuchatel 0.100   10/29/2049  CHF   58.658
Landesbank Hessen-Th1.050   5/28/2036   EUR   65.367
Landesbank Hessen-Th0.750   4/9/2035    EUR   64.676
Caisse des Depots et1.290   5/5/2051    EUR   56.534
Region Wallonne Belg2.100   6/26/2048   EUR   72.199
Barclays Bank PLC   7.830   7/26/2038   MXN   67.044
Swedbank Hypotek AB 1.565   8/17/2043   EUR   71.861
Standard Chartered B3.040   1/18/2042   USD   73.380
Norddeutsche Landesb0.675   2/25/2033   EUR   67.444
DZ Bank AG Deutsche 0.520   6/23/2031   EUR   71.439
Credit Agricole Corp0.310   2/24/2033   EUR   67.660
Communaute Francaise1.617   2/7/2039    EUR   69.908
Heta Asset Resolutio4.875   12/31/2023  EUR   1.500
Swedbank Hypotek AB 1.445   3/29/2038   EUR   74.036
Region Provence-Alpe0.394   9/1/2036    EUR   65.037
Bank of Ireland Mort1.574   3/31/2043   EUR   71.484
Landesbank Hessen-Th1.150   6/23/2036   EUR   66.270
Banque et Caisse d'E1.220   5/26/2041   EUR   70.343
Santander Consumer B8.090               NOK   57.504
Caisse des Depots et0.916   1/20/2051   EUR   52.082
Land Berlin         0.500   6/19/2047   EUR   55.991
Raiffeisen-Landesban0.550   1/20/2031   EUR   72.916
Caisse des Depots et0.678   7/23/2040   EUR   58.710
Autonomous Community1.550   5/11/2051   EUR   55.591
Bayerische Landesban1.440   11/3/2033   EUR   73.228
Kuntarahoitus Oyj   0.448   3/19/2040   EUR   57.075
Erdoel-Lagergesellsc1.824   10/18/2038  EUR   73.801
Bank of Ireland Mort1.548   4/17/2043   EUR   71.089
Barclays Bank PLC   1.450   9/24/2038   MXN   25.205
BNG Bank NV         2.280   10/17/2048  SEK   73.949
NRW Bank            0.550   7/23/2035   EUR   69.424
Hungary Government I1.625   4/28/2032   EUR   72.630
DZ Bank AG Deutsche 0.800   2/2/2037    EUR   66.712
Oberoesterreichische0.705   1/29/2036   EUR   60.556
Swedbank Hypotek AB 1.595   11/20/2043  EUR   71.143
Liga Bank eG Regensb0.760   12/8/2036   EUR   65.365
Societe Du Grand Par2.145   11/26/2068  EUR   61.685
Regie Autonome des T1.900   6/26/2048   EUR   72.219
Bayerische Landesban0.760   12/1/2031   EUR   74.025
Department of L'Eure0.643   8/31/2041   EUR   57.452
Standard Chartered B0.520   1/22/2041   JPY   61.070
Norddeutsche Landesb2.000   1/31/2035   EUR   73.395
Akademiska Hus AB   1.252   2/13/2043   SEK   58.603
Santander Internatio1.320   8/8/2039    EUR   55.876
BPCE SFH SA         0.843   7/19/2044   EUR   58.915
Cie de Financement F0.900   7/18/2058   EUR   49.743
Deutsche Apotheker-u1.770   12/21/2046  EUR   75.225
NRW Bank            0.650   7/20/2037   EUR   70.495
Muenchener Hypotheke1.750   12/19/2046  EUR   73.600
BNP Paribas SA      3.950   7/11/2039   AUD   70.683
Kreditanstalt fuer W0.210   11/18/2037  EUR   61.541
Credit Agricole Corp11.550  1/28/2026   TRY   72.693
Landeskreditbank Bad0.610   11/17/2050  EUR   53.412
DLR Kredit A/S      0.500   10/1/2053   DKK   64.384
Metropole de Lyon   0.466   12/7/2046   EUR   47.096
Caisse des Depots et1.005   11/5/2050   EUR   51.984
Region de Bruxelles-0.976   11/4/2058   EUR   41.909
HSBC Continental Eur1.300   10/23/2039  EUR   58.202
Rio Forte Investment3.900   7/10/2014   USD   2.900
Aargau Verkehr AG   0.270   11/29/2049  CHF   69.956
HSBC Continental Eur0.800   12/13/2034  EUR   63.078
DekaBank Deutsche Gi1.080   12/9/2039   EUR   64.623
Single Platform Inve1.200   11/15/2037  EUR   67.354
Societe Wallonne de 1.066   9/18/2046   EUR   50.489
Kreditanstalt fuer W1.075   12/20/2049  EUR   64.056
Lloyds Bank PLC     2.637   1/16/2040   AUD   65.609
Rikshem AB          2.900   1/23/2035   AUD   71.180
Lehman Brothers Trea11.750  3/1/2010    EUR   0.100
Lehman Brothers Trea6.250   9/5/2011    EUR   0.100
Region Auvergne-Rhon1.832   5/6/2042    EUR   72.131
Landesbank Hessen-Th1.000   3/6/2035    EUR   64.500
UBS AG/London       18.000  4/8/2024    CHF   68.500
Landesbank Hessen-Th1.300   9/2/2036    EUR   60.800
Wingholding Zrt     3.000   9/22/2031   HUF   61.900
WEB Windenergie AG  2.250   9/25/2028   EUR   0.010
Landesbank Hessen-Th1.400   3/5/2036    EUR   62.700
Opus Global Nyrt    3.200   4/29/2031   HUF   71.000
Greenergy Holding Va3.000   9/21/2031   HUF   65.676
Leonteq Securities A30.000  9/1/2023    CHF   55.700
Landesbank Hessen-Th1.500   3/10/2037   EUR   65.800
Raiffeisen Schweiz G5.500   2/7/2024    CHF   75.460
UBS AG/London       7.250   12/29/2023  CHF   66.350
Landesbank Hessen-Th4.984   1/26/2037   EUR   64.600
Landesbank Hessen-Th1.000   9/3/2035    EUR   64.350
Russian Railways JSC12.770  5/30/2040   RUB   50.010
Societe Generale SA 20.000  8/31/2023   USD   9.250
Credit Suisse AG/Lon14.750  8/18/2023   USD   58.880
Senivita Social Esta8.500   6/30/2025   EUR   0.020
SG Issuer SA        2.100   8/23/2033   EUR   21.410
DekaBank Deutsche Gi3.350   4/8/2024    EUR   67.510
Societe Generale SA 18.000  8/1/2024    USD   17.500
DekaBank Deutsche Gi3.100   7/21/2023   EUR   59.700
DekaBank Deutsche Gi2.100   8/11/2023   EUR   68.870
UBS AG/London       16.250  7/7/2023    USD   73.200
Raiffeisen Schweiz G6.700   9/6/2023    USD   56.500
Bank Julius Baer & C7.000   9/12/2023   USD   74.050
Landesbank Hessen-Th1.000   10/14/2036  EUR   61.750
Credit Suisse AG/Lon17.250  3/14/2023   CHF   72.930
Bank Vontobel AG    8.500   6/26/2023   EUR   69.700
Infogroup Holding Kf3.000   5/20/2031   HUF   65.050
UBS AG/London       15.000  4/14/2023   USD   62.300
Mostotrest PJSC     0.010   7/29/2026   RUB   63.840
DekaBank Deutsche Gi3.250   8/11/2023   EUR   71.430
Corner Banca SA     8.000   10/11/2023  CHF   37.400
Leonteq Securities A18.000  5/2/2023    CHF   39.200
Raiffeisen Bank Inte10.000  5/31/2024   EUR   76.440
Hell Energy Magyaror3.000   7/28/2031   HUF   68.300
Raiffeisen Bank Inte7.500   9/1/2023    EUR   52.870
OR PJSC             12.600  9/28/2025   RUB   5.600
BNP Paribas Issuance3.300   7/1/2030    EUR   63.180
Market Epito Zrt    2.950   10/22/2029  HUF   68.000
B+N Referencia Ipari2.900   12/20/2029  HUF   68.100
DZ Bank AG Deutsche 1.598   10/11/2050  EUR   65.720
VTB Bank PJSC       7.600   4/2/2031    RUB   64.000
Erste Group Bank AG 7.500   11/29/2024  EUR   56.550
UniCredit Bank AG   4.900   5/22/2023   EUR   70.730
Pongs & Zahn AG     8.500               EUR   0.002
Landesbank Hessen-Th1.000   3/13/2035   EUR   65.800
OR PJSC             11.000  12/29/2024  RUB   3.070
Erste Group Bank AG 7.750   9/30/2024   EUR   67.950
Baromfi-Coop Termelo2.700   11/20/2026  HUF   70.100
Russian Railways JSC9.390   2/28/2040   RUB   50.010
Single Platform Inve0.950   2/15/2044   EUR   58.204
Credit Agricole Corp2.750   12/12/2034  AUD   71.972
Kreditanstalt fuer W1.142   2/15/2042   EUR   70.001
Landesbank Hessen-Th0.900   5/12/2036   EUR   63.995
Landeskreditbank Bad0.812   12/16/2060  EUR   46.833
Raiffeisenlandesbank1.480   2/17/2042   EUR   71.230
Muenchener Hypotheke1.275   2/11/2042   EUR   69.984
Assistance Publique 1.665   4/10/2049   EUR   63.182
Landesbank Hessen-Th1.000   4/28/2036   EUR   64.967
Landesbank Baden-Wue0.300   8/9/2030    EUR   74.133
Landesbank Baden-Wue0.150   8/11/2031   EUR   71.721
Caisse Francaise de 0.865   2/17/2042   EUR   63.173
Credit Suisse AG/Lon2.000   5/17/2029   USD   73.204
Barclays Bank PLC   2.800   10/28/2036  USD   74.779
Landesbank Baden-Wue0.200   7/30/2030   EUR   75.007
Republic of Ireland 1.210   10/27/2111  EUR   40.951
Morgan Stanley & Co 3.100   10/28/2041  AUD   62.559
Credit Suisse AG/Lon1.200   12/20/2030  EUR   67.069
Citigroup Global Mar2.000   3/25/2039   EUR   71.281
Societe Generale SA 1.040   3/25/2041   EUR   58.692
BNG Bank NV         0.772   8/5/2050    EUR   51.739
Region de Bruxelles-0.640   7/20/2045   EUR   50.959
Credit Agricole CIB 0.810   11/1/2033   EUR   69.922
Wirtschafts- und Inf0.650   2/8/2039    EUR   66.504
Espirito Santo Finan5.050   11/15/2025  EUR   0.622
Caisse des Depots et0.859   3/2/2041    EUR   59.787
Muenchener Hypotheke1.495   10/5/2050   EUR   63.258
National Grid Electr2.037   2/15/2039   EUR   71.615
BNP Paribas SA      2.400   6/14/2048   EUR   73.789
Credit Industriel Et0.900   2/4/2041    EUR   59.253
Credit Agricole CIB 0.550   8/11/2031   EUR   73.354
Kuntarahoitus Oyj   0.185   8/2/2033    EUR   72.224
Landesbank Baden-Wue1.300   6/21/2049   EUR   58.005
Canton of Neuchatel 0.300   7/19/2039   CHF   74.305
Heta Asset Resolutio3.177   12/31/2023  EUR   1.541
DZ Bank AG Deutsche 1.030   2/23/2034   EUR   74.766
Bayerische Landesbod0.700   6/12/2037   EUR   67.461
NRW Bank            1.244   4/6/2051    EUR   64.161
LBI ehf             2.250   2/14/2011   CHF   10.125
Kreditanstalt fuer W1.175   4/14/2051   EUR   65.665
Natixis SA          1.350   6/26/2039   EUR   65.423
Landesbank Hessen-Th1.448   9/17/2038   EUR   74.106
Nederlandse Watersch0.700   10/25/2050  EUR   52.098
ING Bank NV         2.550   10/15/2031  AUD   77.492
Credit Industriel Et1.170   1/28/2037   EUR   68.845
Region Provence-Alpe0.393   8/26/2036   EUR   65.651
Landeskreditbank Bad1.236   5/22/2045   EUR   66.593
DZ Bank AG Deutsche 0.650   12/22/2036  EUR   65.067
Landesbank Hessen-Th0.850   9/2/2036    EUR   63.114
Credit Agricole SA/L1.770   4/26/2035   EUR   74.460
Cie de Financement F1.270   4/26/2039   EUR   70.827
Swiss Confederation 0.500   5/30/2058   CHF   72.514
BPCE SFH SA         1.186   5/9/2039    EUR   69.266
Cie de Financement F1.101   5/17/2039   EUR   68.740
Single Platform Inve0.950   2/5/2033    EUR   72.813
Deutsche Bank AG/Lon0.500   10/18/2038  MXN   16.313
Vasakronan AB       2.777   4/12/2039   SEK   74.149
Salzburger Landes-Hy1.270   9/14/2035   EUR   73.749
DZ Bank AG Deutsche 0.800   9/16/2031   EUR   72.621
Caisse Francaise de 1.141   9/21/2046   EUR   63.081
Region Wallonne Belg1.305   9/29/2041   EUR   64.669
Ringkjoebing Landbob1.875   6/6/2039    EUR   67.994
O1 Properties Financ0.500   9/27/2028   USD   5.235
Danske Bank A/S     0.805   8/12/2036   EUR   68.814
La Banque Postale Ho1.202   4/29/2039   EUR   70.389
HSBC Continental Eur2.890   9/11/2039   AUD   65.864
Cie de Financement F1.300   6/28/2036   EUR   73.745
Caisse des Depots et1.106   9/30/2049   EUR   53.478
Wirtschafts- und Inf0.138   8/23/2044   EUR   49.312
Landesbank Hessen-Th1.235   12/10/2049  EUR   63.492
Norske Skogindustrie7.000   12/30/2026  EUR   0.010
Deutsche Pfandbriefb0.765   9/12/2036   EUR   55.065
DekaBank Deutsche Gi1.850   3/20/2045   EUR   66.062
Communaute Francaise0.961   1/7/2047    EUR   56.427
Caisse des Depots et2.700   4/28/2041   AUD   68.070
Department of Loiret0.550   12/18/2045  EUR   49.733
Renovables Atlasol S2.200   12/31/2038  EUR   71.798
BNP Paribas SA      3.310   2/27/2040   AUD   62.888
Metropole de Lyon   0.376   12/22/2044  EUR   48.622
BNG Bank NV         1.603   3/19/2048   EUR   67.773
Sparekassen Bredebro3.750   4/15/2031   DKK   70.336
Metropole de Lyon   0.500   12/28/2048  EUR   44.798
Raiffeisenlandesbank2.310   2/27/2040   EUR   66.963
Metropole de Lyon   0.500   12/28/2049  EUR   43.518
SR-Boligkreditt AS  1.570   10/4/2038   EUR   74.809
Rikshem AB          3.250   5/31/2041   AUD   66.585
Landesbank Baden-Wue0.300   6/18/2031   EUR   73.071
Kuntarahoitus Oyj   1.150   9/24/2051   EUR   63.829
DZ Bank AG Deutsche 1.000   1/12/2032   EUR   73.760
Communaute Francaise2.177   8/17/2068   EUR   65.930
Societe Generale SA 3.700   10/23/2037  USD   72.514
Nederlandse Watersch0.781   10/18/2050  EUR   53.545
Berlin Hyp AG       1.057   2/21/2059   EUR   56.717
Hamburgische Investi0.380   2/24/2042   EUR   58.819
Kreditanstalt fuer W0.175   3/8/2032    EUR   74.229
KPNQwest NV         8.875   2/1/2008    EUR   0.680
Muenchener Hypotheke1.860   8/17/2048   EUR   73.236
Landesbank Baden-Wue0.360   7/9/2030    EUR   74.664
Landesbank Baden-Wue0.230   7/9/2031    EUR   72.471
Ville de Paris      1.720   8/23/2047   EUR   67.925
Goldman Sachs Intern2.520   3/3/2036    USD   70.257
Region de Bruxelles-1.532   8/16/2038   EUR   72.526
City of Amsterdam Ne1.359   2/26/2044   EUR   69.019
Lloyds Bank PLC     2.280   1/29/2044   EUR   70.792
Credit Agricole Corp3.200   3/11/2036   AUD   74.123
Banco Santander SA  2.010   3/7/2034    EUR   75.425
MMB SCF SACA        1.500   3/1/2039    EUR   73.984
Italy Buoni Polienna1.500   4/30/2045   EUR   57.762
Region de Bruxelles-1.510   3/15/2039   EUR   71.435
Single Platform Inve1.301   6/25/2044   EUR   61.542
Agence Francaise de 1.833   2/26/2052   EUR   71.251
Barclays Bank PLC   3.020   3/26/2051   USD   67.321
Landesbank Baden-Wue0.250   11/8/2030   EUR   74.981
Single Platform Inve3.000   6/21/2047   USD   71.329
Vasakronan AB       2.277   3/11/2039   EUR   60.337
Landesbank Baden-Wue0.300   3/17/2033   EUR   68.107
Landesbank Hessen-Th0.900   3/4/2032    EUR   74.559
Landesbank Hessen-Th0.820   12/17/2035  EUR   63.934
Caisse des Depots et1.902   9/11/2048   EUR   67.722
Citigroup Global Mar1.300   1/31/2037   EUR   67.395
Landesbank Baden-Wue0.200   3/26/2031   EUR   72.882
Region de Bruxelles-0.900   6/28/2046   EUR   53.220
Agence Francaise de 1.760   2/19/2047   EUR   72.878
Landesbank Hessen-Th0.950   4/9/2036    EUR   64.540
Credit Agricole SA  3.450   3/4/2041    AUD   56.163
Deutsche Bank AG    0.700   10/7/2031   EUR   70.663
HYPO NOE Landesbank 2.080   10/5/2037   EUR   70.328
Communaute Francaise1.920   8/8/2048    EUR   67.273
Landesbank Hessen-Th0.350   1/20/2031   EUR   73.119
Assistance Publique 1.800   4/10/2048   EUR   66.248
Landesbank Hessen-Th0.510   3/10/2032   EUR   70.805
Deutsche Bank Luxemb2.386   4/27/2029   EUR   74.415
Natixis SA          2.700   5/18/2036   USD   73.949
Natixis SA          2.520   8/24/2036   AUD   65.913
Deutsche Bank AG    0.650   6/3/2031    EUR   71.458
BNP Paribas SA      3.590   7/20/2040   AUD   66.482
Saastopankkien Kesku0.975   8/18/2034   EUR   63.391
Lehman Brothers Trea4.050   9/16/2008   EUR   0.100
Societe Wallonne de 0.913   7/31/2040   EUR   53.708
Deutsche Bahn Financ1.520   7/3/2035    SEK   72.746
Norddeutsche Landesb1.410   7/7/2037    EUR   64.373
Specialfastigheter S2.205   10/11/2038  SEK   74.411
Nederlandse Watersch1.370   3/23/2065   EUR   54.375
BNG Bank NV         1.880   4/24/2048   EUR   71.602
Region Bourgogne-Fra0.841   5/12/2037   EUR   68.195
Kuntarahoitus Oyj   1.220   3/27/2060   EUR   60.404
Societe Generale SA 2.750   3/12/2040   AUD   57.823
Societe Nationale SN2.931   1/14/2051   AUD   66.100
Region of Centre-Val0.552   5/12/2033   EUR   74.904
Region Provence-Alpe1.547   11/29/2038  EUR   71.770
Nederlandse Watersch1.674   11/27/2047  EUR   73.001
Tonon Luxembourg SA 9.250   1/24/2020   USD   1.721
State of Rhineland-P0.872   10/31/2036  EUR   72.620
DZ Bank AG Deutsche 0.420   2/17/2033   EUR   70.227
Societe Generale SA 2.050   2/22/2031   AUD   70.713
Landesbank Baden-Wue0.100   3/5/2031    EUR   72.342
Kreditanstalt fuer W0.680   2/23/2051   EUR   57.830
Credit Agricole Corp1.830   2/4/2031    AUD   74.025
BPCE SFH SA         1.558   1/17/2039   EUR   74.648
NRW Bank            1.022   12/23/2041  EUR   67.069
Single Platform Inve1.120   7/25/2045   JPY   67.063
Landesbank Hessen-Th0.580   6/11/2031   EUR   73.378
Deutsche Bank AG    2.010   12/10/2052  EUR   63.926
Goldman Sachs Intern2.076   7/27/2036   EUR   74.950
Santander Internatio1.365   1/28/2061   EUR   39.653
Region Wallonne Belg0.850   1/26/2071   EUR   35.140
La Banque Postale Ho1.475   12/17/2038  EUR   73.958
BPCE SFH SA         1.529   12/14/2038  EUR   73.879
Kommunekredit       1.000   4/23/2035   SEK   73.811
NRW Bank            0.605   12/14/2033  EUR   74.941
Region Hauts-de-Fran0.361   2/18/2041   EUR   54.777
Deutsche Bank Luxemb1.560   10/6/2028   EUR   74.235
Republic of Ireland 2.000   6/29/2063   EUR   65.290
DZ Bank AG Deutsche 1.000   12/1/2031   EUR   73.995
UBS AG/London       0.120   5/25/2040   MXN   13.312
Single Platform Inve1.425   5/25/2052   EUR   59.950
State of Saxony-Anha1.808   5/15/2048   EUR   74.108
Cooperatieve Raboban0.500   8/21/2028   MXN   56.469
Single Platform Inve1.150   5/25/2066   EUR   48.722
French Republic Gove0.750   5/25/2052   EUR   51.474
Landesbank Hessen-Th0.850   3/12/2035   EUR   65.757
Credit Mutuel Arkea 0.730   10/14/2036  EUR   55.850
Willhem AB          1.824   10/18/2038  SEK   64.665
Ville de Rennes     0.505   10/22/2034  EUR   70.066
Italy Buoni Polienna1.450   3/1/2036    EUR   69.946
BPCE SA             2.450   2/24/2035   AUD   61.309
Bayerische Landesban3.180   2/16/2038   EUR   66.366
Nederlandse Watersch2.032   1/23/2058   EUR   74.834
Communaute Francaise1.652   1/26/2038   EUR   72.104
Communaute Francaise1.675   1/24/2039   EUR   73.353
DNB Boligkreditt AS 1.533   1/27/2042   EUR   70.696
HSBC Continental Eur2.220   1/24/2048   EUR   63.136
Grupo Isolux Corsan 0.250   12/30/2018  EUR   0.157
BPCE SFH SA         1.403   1/13/2039   EUR   72.252
Kingdom of Belgium G0.400   6/22/2040   EUR   59.402
Single Platform Inve1.090   11/30/2033  EUR   71.957
Kreditanstalt fuer W0.951   9/9/2050    EUR   56.091
Single Platform Inve0.700   9/20/2041   EUR   57.414
Oberoesterreichische0.763   12/15/2050  EUR   54.716
Metropole de Lyon   0.540   12/7/2050   EUR   43.054
LFA Foerderbank Baye0.250   9/30/2039   EUR   59.987
LFA Foerderbank Baye0.010   12/15/2033  EUR   69.875
BPCE SA             2.285   12/3/2035   AUD   58.153
Metropole de Lyon   0.462   12/7/2045   EUR   48.467
BPCE SA             2.315   11/19/2035  AUD   58.475
Ministeries Van de V0.600   11/19/2055  EUR   35.932
Credit Agricole CIB 0.900   10/25/2031  EUR   74.242
Caisse des Depots et0.750   11/6/2048   EUR   49.971
Societe Generale SA 2.900   10/24/2039  AUD   59.668
BPCE SFH SA         1.775   3/11/2042   EUR   74.302
Kreditanstalt fuer W0.788   11/4/2039   EUR   67.277
Nationwide Building 0.750   5/8/2035    EUR   71.474
ABN AMRO Bank NV    1.425   4/17/2045   EUR   66.764
HSBC Bank PLC       10.300  12/10/2024  TRY   71.263
Kreditanstalt fuer W1.030   12/6/2049   EUR   63.332
Santander Internatio1.180   12/5/2034   EUR   62.922
Nederlandse Watersch1.200   11/26/2049  EUR   61.694
Kreditanstalt fuer W0.885   11/14/2039  EUR   68.134
Single Platform Inve1.156   2/12/2041   EUR   63.336
Communaute Francaise0.800   8/24/2049   EUR   49.526
Raiffeisen Bank Inte0.430   9/9/2030    EUR   70.342
Caisse des Depots et1.075   9/15/2050   EUR   53.209
Landesbank Baden-Wue0.590   10/7/2032   EUR   70.249
Berlin Hyp AG       0.130   9/29/2032   EUR   72.458
Region of Pays de la0.448   12/20/2039  EUR   59.543
Nederlandse Watersch1.080   10/26/2050  EUR   58.057
NRW Bank            0.090   10/26/2032  EUR   73.550
UniCredit Bank AG   0.310   10/15/2035  EUR   66.587
Hungary Government B3.000   4/25/2041   HUF   51.329
Communaute Francaise1.367   1/20/2070   EUR   55.557
LBI ehf             7.431               USD   0.001
Lehman Brothers Trea4.600   10/11/2017  ILS   0.100
Banco Espirito Santo10.000  12/6/2021   EUR   0.329
Pescanova SA        8.750   2/17/2019   EUR   0.319
Agrokor dd          8.875   2/1/2020    USD   15.000
Landesbank Hessen-Th2.400   3/22/2052   EUR   73.308
Single Platform Inve1.785   2/15/2041   EUR   73.414
Raiffeisen Switzerla7.000   5/3/2023    CHF   48.920
Zurcher Kantonalbank19.000  4/6/2023    CHF   78.260
DZ Bank AG Deutsche 0.950   12/30/2030  EUR   74.560
Raiffeisen Schweiz G7.000   9/20/2023   CHF   58.900
Societe Generale SA 16.000  7/3/2024    USD   19.130
Landesbank Hessen-Th2.000   3/10/2037   EUR   69.600
Luzerner Kantonalban12.200  7/17/2023   CHF   76.510
Raiffeisen Schweiz G9.000   3/10/2023   CHF   48.440
Landesbank Hessen-Th1.100   3/12/2036   EUR   62.900
Societe Generale SA 12.000  7/14/2026   USD   22.880
Luzerner Kantonalban3.500   8/30/2023   USD   55.840
Raiffeisen Schweiz G7.000   3/17/2023   CHF   67.710
Leonteq Securities A9.000   5/8/2023    CHF   66.760
Metal Hungaria Holdi3.500   11/16/2031  HUF   68.000
Swissquote Bank SA  20.000  8/29/2023   CHF   71.370
Credit Suisse AG/Lon9.500   3/7/2023    CHF   34.630
VTB Bank PJSC       3.750               EUR   38.000
Landesbank Hessen-Th1.500   10/20/2036  EUR   61.500
Zurcher Kantonalbank18.100  4/26/2023   CHF   62.340
Credit Suisse AG/Lon1.000   12/20/2027  EUR   #N/A N/A
DZ Bank AG Deutsche 1.400   12/30/2030  EUR   74.320
Region of Chelyabins6.000   12/17/2027  RUB   62.060
Kardan NV           6.325   2/21/2021   ILS   3.000
Skandinaviska Enskil5.050   1/15/2025   SEK   #N/A N/A
DZ Bank AG Deutsche 1.140   12/30/2030  EUR   72.380
Single Platform Inve0.815   4/1/2042    EUR   56.800
Single Platform Inve1.413   3/20/2051   EUR   59.559
Single Platform Inve1.235   12/20/2050  EUR   56.851
Landesbank Hessen-Th1.150   3/9/2037    EUR   65.606
Kuntarahoitus Oyj   1.197   4/6/2051    EUR   64.893
Kommunekredit       2.180   7/16/2040   AUD   62.317
Erdoel-Lagergesellsc1.281   9/30/2036   EUR   70.757
LFA Foerderbank Baye0.250   3/19/2037   EUR   65.410
Single Platform Inve0.901   2/15/2041   EUR   60.933
Rena GmbH           8.250   7/11/2018   EUR   0.055
Region Wallonne Belg1.222   6/24/2080   EUR   43.086
Hypo Vorarlberg Bank0.480   3/26/2031   EUR   67.792
Lehman Brothers Trea4.984   11/2/2035   EUR   0.100
UBS AG/London       3.327   11/23/2025  EUR   58.500
Caisse des Depots et1.930   3/6/2048    EUR   69.988
Citigroup Global Mar2.500   2/25/2036   USD   73.232
Goldman Sachs Intern2.500   7/26/2048   EUR   74.723
Communaute Francaise2.500   7/6/2087    EUR   70.704
Muenchener Hypotheke1.692   11/6/2051   EUR   65.964
Banque International0.750   4/15/2031   EUR   69.474
Department of L'Eure0.959   11/25/2037  EUR   68.330
DekaBank Deutsche Gi0.370   12/16/2030  EUR   75.724
Bank fuer Kirche und0.770   10/12/2035  EUR   67.343
Nationwide Building 1.618   1/28/2041   EUR   73.671
Department of Val d'0.207   10/10/2032  EUR   73.176
Danske Bank A/S     0.910   10/17/2039  JPY   71.889
Municipality of Eind1.246   10/18/2046  EUR   64.907
Lloyds Bank PLC     1.920   4/16/2044   EUR   66.600
State of North Rhine1.513   7/27/2065   EUR   60.294
Region de Bruxelles-0.540   9/13/2044   EUR   50.903
Caisse des Depots et1.114   9/20/2049   EUR   54.805
Kuntarahoitus Oyj   1.350   7/21/2046   EUR   71.232
LR Realkredit AS    0.500   10/1/2050   DKK   64.621
BNP Paribas SA      2.840   8/26/2039   AUD   58.603
La Banque Postale Ho1.379   4/4/2040    EUR   71.560
Region de Bruxelles-0.844   12/22/2047  EUR   49.927
Department of Girond0.556   4/29/2033   EUR   74.669
Pfandbriefbank schwe0.375   1/24/2042   CHF   72.715
DekaBank Deutsche Gi1.585   12/28/2035  EUR   62.689
Landesbank Baden-Wue0.290   8/6/2031    EUR   71.426
Muenchener Hypotheke0.105   2/17/2031   EUR   73.245
Deutsche Bank AG    0.510   9/16/2031   EUR   70.768
Landesbank Hessen-Th0.750   2/4/2032    EUR   73.725
KPNQwest NV         7.125   6/1/2009    EUR   0.680
Single Platform Inve1.510   2/13/2043   EUR   66.301
Standard Chartered B2.470   2/24/2036   USD   73.464
Region de Bruxelles-1.620   2/8/2044    EUR   66.914
Citigroup Global Mar1.010   10/28/2035  EUR   66.286
Single Platform Inve0.833   2/15/2041   EUR   59.623
Bank fuer Kirche und0.450   7/1/2031    EUR   74.223
Single Platform Inve0.780   4/1/2042    EUR   57.524
Heta Asset Resolutio5.270   12/31/2023  EUR   1.500
Sparebank 1 Oestland1.575   2/28/2034   EUR   67.438
Italy Buoni Polienna0.600   8/1/2031    EUR   74.322
Muenchener Hypotheke1.000   5/7/2035    EUR   70.582
Communaute Francaise1.760   2/22/2038   EUR   75.041
Landesbank Baden-Wue0.360   12/30/2030  EUR   73.088
Bank fuer Kirche und0.660   3/17/2036   EUR   65.635
Bank fuer Kirche und0.600   6/9/2036    EUR   64.599
Region Wallonne Belg0.638   6/21/2047   EUR   45.698
Single Platform Inve1.200   11/1/2040   EUR   63.905
Assistance Publique 0.647   7/17/2040   EUR   62.237
Deutsche Pfandbriefb1.020   7/29/2030   EUR   74.463
Caisse des Depots et1.140   2/25/2037   EUR   71.857
Landesbank Hessen-Th0.510   3/10/2032   EUR   70.805
Senvion Holding GmbH3.875   10/25/2022  EUR   0.192
Muenchener Hypotheke1.300   5/7/2061    EUR   57.707
Region Occitanie    0.766   10/7/2041   EUR   58.882
Banque et Caisse d'E1.270   5/7/2045    EUR   70.196
Norddeutsche Landesb0.650   3/10/2031   EUR   72.603
Cooperatieve Raboban2.360   9/25/2047   EUR   68.555
Credit Agricole Corp1.300   2/2/2061    EUR   48.263
Muenchener Hypotheke1.666   8/7/2042    EUR   74.213
Hypo Vorarlberg Bank0.175   9/10/2029   EUR   73.551
Ville de Marseille  1.688   12/6/2038   EUR   73.324
State of North Rhine0.200   1/27/2051   EUR   43.423
Norddeutsche Landesb0.400   8/23/2030   EUR   73.477
Barclays Bank PLC   2.070   12/18/2035  USD   64.351
Bibby Offshore Servi7.500   6/15/2021   GBP   11.625
Luminis SA          1.800   9/2/2059    EUR   44.158
Grupo Isolux Corsan 6.000   12/30/2021  USD   0.253
Arkea Public Sector 1.344   1/26/2037   EUR   74.764
Caisse des Depots et2.766   8/9/2049    USD   69.406
Single Platform Inve0.428   2/15/2040   EUR   56.062
DZ Bank AG Deutsche 0.180   12/7/2032   EUR   71.522
Region Wallonne Belg0.150   5/10/2035   EUR   64.271
Santander Internatio1.100   12/7/2040   EUR   51.864
Societe Wallonne de 0.883   11/21/2044  EUR   49.301
Region Auvergne-Rhon0.250   10/23/2034  EUR   66.509
Batigere Grand Est S1.600   11/14/2044  EUR   62.835
Single Platform Inve1.870   11/21/2044  EUR   68.296
Vasakronan AB       1.310   12/10/2040  EUR   48.278
BPCE SFH SA         1.344   2/18/2041   EUR   74.332
Region Wallonne Belg1.727   3/29/2038   EUR   73.966
Batigere Grand Est S1.540   11/4/2041   EUR   64.747
Communaute Francaise0.771   8/25/2050   EUR   46.866
NRW Bank            0.610   9/7/2040    EUR   62.888
Oberoesterreichische0.315   9/14/2035   EUR   66.482
Caisse des Depots et0.696   9/14/2040   EUR   58.645
SpareBank 1 SR-Bank 0.970   10/9/2040   EUR   49.794
NRW Bank            0.360   10/15/2035  EUR   68.947
Banque International0.750   10/13/2030  EUR   70.735
Banque International0.550   10/13/2030  EUR   69.736
Single Platform Inve0.462   2/15/2040   EUR   56.954
National Grid Electr2.226   12/19/2039  GBP   62.277
BNP Paribas SA      1.000   1/23/2040   MXN   20.151
ECM Real Estate Inve5.000   10/9/2011   EUR   15.375
ECM Real Estate Inve5.000   10/9/2011   EUR   15.375
Lehman Brothers Trea5.250   4/1/2023    EUR   0.100
Elli Investments Ltd12.250  6/15/2020   GBP   52.250
Nederlandse Watersch1.900   3/15/2052   EUR   72.115
Nordea Bank Abp     0.620   10/14/2026  SEK   54.110
Banque Cantonale Vau5.000   5/17/2023   CHF   29.250
KESZ Holding Busines4.100   11/17/2031  HUF   72.500
Sberbank of Russia P0.010   9/21/2028   RUB   62.400
4iG Nyrt            2.900   3/29/2031   HUF   68.720
Anselma Issuer SA   1.574   12/31/2038  EUR   49.730
UBS AG/London       10.750  2/2/2024    EUR   60.650
Ebis OOO            12.000  4/9/2024    RUB   2.150
UBS AG/London       7.500   7/12/2023   CHF   57.550
Leonteq Securities A13.000  4/21/2023   CHF   60.610
Golfino AG          8.000   11/18/2023  EUR   0.010
Takarek Mortgage Ban3.000   8/21/2030   HUF   66.500
Aragon OOO          24.000  3/16/2029   RUB   62.000
Kometa 99 Elelmiszer5.000   2/21/2032   HUF   74.200
Leonteq Securities A12.000  5/22/2023   CHF   73.980
Raiffeisen Bank Inte7.500   7/7/2023    EUR   51.030
Landesbank Baden-Wue3.000   5/26/2023   EUR   55.070
Societe Generale SA 0.705   11/12/2035  EUR   62.660
Societe Generale SA 12.500  9/12/2024   USD   54.870
DZ Bank AG Deutsche 2.000   12/30/2030  EUR   74.620
Societe Generale SA 23.000  5/1/2023    USD   43.000
Landesbank Baden-Wue4.984   2/20/2034   EUR   71.540
Landesbank Hessen-Th1.300   2/27/2035   EUR   65.500
Rosbank PJSC        0.030   4/30/2024   RUB   60.050
Rosbank PJSC        0.010   4/30/2024   RUB   60.050
BNP Paribas Emission15.000  3/23/2023   EUR   75.600
Progress Etteremhalo3.000   9/18/2030   HUF   66.300
DekaBank Deutsche Gi0.440   3/26/2031   EUR   75.973
Harp Issuer PLC     1.400   2/14/2032   USD   69.155
Ville de Paris      1.165   6/9/2053    EUR   50.463
Region of Pays de la0.924   11/4/2044   EUR   56.713
Norddeutsche Landesb0.650   12/3/2031   EUR   71.363
Ville de Paris      0.921   5/26/2053   EUR   46.728
Muenchener Hypotheke0.620   7/22/2033   EUR   68.896
Romanian Government 2.875   4/13/2042   EUR   56.714
Citigroup Global Mar1.010   4/20/2036   EUR   64.513
VTB Bank OJSC Via VT6.250   6/30/2035   USD   22.822
de Volksbank NV     1.210   3/28/2036   EUR   74.808
Caisse des Depots et1.617   3/18/2049   EUR   63.246
Nationale-Nederlande1.432   3/21/2039   EUR   72.854
State of North Rhine2.150   3/21/2119   EUR   64.936
Landesbank Baden-Wue0.450   11/8/2030   EUR   74.637
Portugal Obrigacoes 0.900   10/12/2035  EUR   71.670
Region de Bruxelles-0.910   1/31/2053   EUR   46.283
Societe Generale SA 2.710   7/8/2035    AUD   64.747
Kuntarahoitus Oyj   1.200   4/1/2060    EUR   60.711
Single Platform Inve1.920   11/5/2040   EUR   73.371
Merrill Lynch BV    3.090   10/25/2036  AUD   70.409
Hypo Vorarlberg Bank0.920   7/8/2036    EUR   52.737
NRW Bank            1.085   10/26/2041  EUR   67.460
Allgemeine Sparkasse0.200   3/22/2033   EUR   71.402
Oberoesterreichische0.445   3/28/2036   EUR   66.889
Landesbank Hessen-Th0.810   8/1/2035    EUR   64.665
United Kingdom Gilt 1.125   1/31/2039   GBP   64.897
Slovakia Government 2.000   10/17/2047  EUR   68.943
Single Platform Inve0.885   7/24/2036   EUR   65.863
Landesbank Baden-Wue0.580   3/2/2033    EUR   69.201
KPNQwest NV         7.125   6/1/2009    EUR   0.680
SpareBank 1 Boligkre1.490   12/14/2038  EUR   73.537
Oberoesterreichische0.600   5/26/2031   EUR   71.399
BPCE SFH SA         1.536   12/21/2038  EUR   73.857
Lehman Brothers Trea1.750   2/7/2010    EUR   0.100
Banque International2.160   6/27/2039   EUR   74.459
Merrill Lynch BV    2.650   8/4/2036    AUD   66.579
Landesbank Baden-Wue0.905   4/1/2041    EUR   59.401
Citigroup Global Mar2.505   6/12/2035   USD   74.624
Department of Girond0.707   6/23/2035   EUR   71.003
Region de Bruxelles-1.065   6/12/2058   EUR   43.785
Department of Girond0.900   12/15/2039  EUR   63.697
Goldman Sachs Intern3.200   3/16/2041   AUD   63.404
Citigroup Global Mar2.700   6/1/2035    USD   76.408
Landesbank Baden-Wue0.060   9/1/2031    EUR   70.968
Republic of Austria 0.700   4/20/2071   EUR   42.134
Sihltal Zuerich Uetl0.250   4/30/2036   CHF   73.907
Single Platform Inve1.155   5/25/2052   EUR   54.807
Credit Agricole CIB 0.850   11/19/2033  EUR   69.996
City of Lausanne Swi0.600   7/6/2050    CHF   63.569
Natixis SA          3.600   11/11/2041  AUD   70.051
Communaute Francaise1.700   4/15/2049   EUR   63.301
Communaute Francaise1.925   4/18/2059   EUR   62.287
Comunidad Foral de N2.100   4/30/2044   EUR   70.175
BNP Paribas SA      3.080   8/28/2039   AUD   60.953
Communaute Francaise0.886   6/22/2057   EUR   43.236
DekaBank Deutsche Gi1.340   8/22/2036   EUR   68.849
DNB Boligkreditt AS 1.080   5/16/2039   EUR   68.141
Aareal Bank AG      1.800   7/21/2036   EUR   72.655
Credit Agricole Corp0.900   10/1/2034   EUR   67.140
Communaute Francaise1.000   10/8/2069   EUR   41.390
Ukraine Government I7.750   9/1/2028    USD   18.541
Communaute Francaise1.140   9/20/2059   EUR   45.712
Communaute Francaise1.728   4/11/2049   EUR   66.840
Communaute Francaise1.725   4/23/2049   EUR   66.773
Ukraine Government I7.750   9/1/2025    USD   20.487
Ukraine Government I7.750   9/1/2029    USD   18.643
Communaute Francaise0.948   10/11/2059  EUR   44.048
Bayerische Landesban1.690   4/23/2037   EUR   69.531
Vasakronan AB       3.100   9/9/2039    AUD   66.380
Societe Publique de 1.272   8/23/2036   EUR   71.260
DZ HYP AG           1.300   7/18/2041   EUR   67.005
Getin Noble Bank SA 12.650  4/28/2023   PLN   52.643
Landesbank Hessen-Th0.610   9/27/2032   EUR   69.935
BPCE SFH SA         1.295   6/8/2037    EUR   73.178
Citigroup Global Mar1.230   8/20/2039   EUR   62.388
DZ Bank AG Deutsche 2.240   8/22/2034   USD   73.206
National Grid Electr3.120   12/10/2039  AUD   67.646
BPCE SFH SA         1.375   3/22/2038   EUR   73.375
OP Corporate Bank pl1.400   3/16/2035   EUR   66.283
Kingdom of Belgium G2.150   6/22/2066   EUR   71.867
Landesbank Hessen-Th0.450   9/5/2031    EUR   72.512
Banque International0.675   10/29/2030  EUR   70.455
Communaute Francaise1.972   9/25/2050   EUR   66.764
Merrill Lynch BV    2.580   8/11/2036   AUD   65.966
Credit Agricole CIB 1.750   3/3/2037    EUR   74.048
Communaute Francaise1.170   7/5/2049    EUR   53.824
BNP Paribas SA      1.450   11/17/2041  EUR   63.937
Grand Delta Habitat 1.630   3/6/2045    EUR   63.194
Goldman Sachs Intern2.050   3/19/2036   EUR   74.040
Banque International0.800   12/22/2032  EUR   61.091
Landesbank Baden-Wue0.060   1/20/2031   EUR   72.426
Citigroup Global Mar3.200   4/27/2051   AUD   68.178
Landesbank Hessen-Th0.490   2/28/2035   EUR   62.585
DZ HYP AG           1.505   3/12/2038   EUR   74.533
Muenchener Hypotheke1.500   9/27/2038   EUR   73.803
NRW Bank            1.235   12/16/2061  EUR   56.385
Banque International1.000   2/18/2036   EUR   57.841
ABN AMRO Bank NV    1.575   1/25/2040   EUR   72.980
Credit Agricole Corp11.190  3/12/2027   TRY   65.821
Region de Bruxelles-1.500   2/15/2039   EUR   71.801
Landwirtschaftliche 0.210   9/30/2033   EUR   72.635
DZ HYP AG           0.180   3/10/2031   EUR   72.639
BPCE SA             2.320   3/4/2036    USD   64.102
Landesbank Hessen-Th0.650   10/6/2031   EUR   73.172
Republic of Ireland 1.230   6/23/2121   EUR   40.849
Erste Group Bank AG 0.560   9/29/2033   EUR   63.931
Nederlandse Watersch1.790   1/29/2049   EUR   72.447
Bayerische Landesban0.745   12/15/2031  EUR   74.020
Region de Bruxelles-1.225   6/21/2070   EUR   40.834
Landesbank Baden-Wue0.580   3/2/2033    EUR   69.201
Lehman Brothers Trea1.950   11/4/2013   EUR   0.100
Caisse des Depots et1.900   9/14/2048   EUR   70.191
DekaBank Deutsche Gi0.250   1/31/2031   EUR   74.611
Lloyds Bank PLC     2.520   9/4/2038    SEK   71.935
SpareBank 1 SR-Bank 1.020   10/8/2036   EUR   57.499
Oberoesterreichische0.610   1/28/2037   EUR   67.991
NRW Bank            0.528   10/21/2033  EUR   74.628
HSBC Continental Eur2.150   3/14/2049   EUR   62.005
Landesbank Baden-Wue0.550   11/9/2032   EUR   70.421
Kreditanstalt fuer W1.267   3/22/2051   EUR   67.109
Deutsche Bank AG    0.700   2/6/2032    EUR   71.391
Citigroup Global Mar2.900   3/15/2041   USD   70.500
Communaute Francaise1.840   3/1/2049    EUR   68.767
Hypo Tirol Bank AG  0.740   5/29/2040   EUR   62.773
Landesbank Hessen-Th0.700   2/24/2032   EUR   73.065
Societe Generale SA 0.570   6/30/2031   EUR   72.536
Hypo Vorarlberg Bank0.500   6/23/2031   EUR   66.096
ABN AMRO Bank NV    1.355   2/21/2039   EUR   71.583
BNP Paribas SA      2.700   2/21/2049   EUR   74.064
SG Issuer SA        0.600   3/7/2033    EUR   70.368
Kreditanstalt fuer W1.271   5/20/2051   EUR   66.176
Credit Agricole CIB 0.440   8/30/2033   EUR   67.691
Kommunalbanken AS   1.870   4/16/2048   EUR   74.824
Landesbank Saar     0.890   9/4/2034    EUR   69.588
Arkea Home Loans SFH1.534   3/31/2043   EUR   71.584
Single Platform Inve2.000   2/1/2039    EUR   74.624
UniCredit Bank AG   0.610   5/2/2033    EUR   70.419
Credit Agricole SA  3.000   1/19/2041   AUD   52.339
State of North Rhine1.550   6/16/2048   EUR   69.420
Nederlandse Watersch1.577   12/9/2039   GBP   65.150
Single Platform Inve1.080   5/17/2033   EUR   72.912
Caisse des Depots et1.015   7/22/2050   EUR   52.263
Muenchener Hypotheke0.190   7/23/2030   EUR   72.838
Berlin Hyp AG       0.895   7/20/2050   EUR   59.064
Batigere Grand Est S1.550   8/12/2041   EUR   65.147
Grand Delta Habitat 1.500   9/1/2049    EUR   59.192
Region Occitanie    1.282   5/25/2040   EUR   67.627
State of North Rhine0.463   8/1/2033    EUR   74.299
Agence Francaise de 1.911   10/26/2048  EUR   74.868
SG Issuer SA        0.900   4/7/2036    EUR   68.014
Landesbank Baden-Wue0.500   12/8/2031   EUR   72.660
Banque International1.020   3/25/2040   EUR   51.891
Landesbank Baden-Wue0.260   5/28/2031   EUR   72.917
Ministeries Van de V1.392   11/12/2041  EUR   63.189
Getin Noble Bank SA 12.650  4/29/2024   PLN   27.008
Region of Pays de la1.704   10/23/2040  EUR   70.084
Barclays Bank PLC   3.070   5/19/2036   NZD   73.725
Communaute Francaise1.397   7/18/2059   EUR   50.720
Communaute Francaise0.392   1/22/2041   EUR   53.342
Landesbank Hessen-Th1.000   2/11/2037   EUR   64.430
BNG Bank NV         1.790   1/21/2049   EUR   69.644
Credit Agricole CIB 0.490   9/13/2033   EUR   68.050
Communaute Francaise0.750   2/4/2061    EUR   37.883
Vasakronan AB       2.162   5/4/2040    SEK   66.620
BNP Paribas SA      1.130   5/26/2036   EUR   65.885
BNG Bank NV         1.900   7/11/2058   EUR   67.189
Caisse des Depots et1.270   10/1/2051   EUR   55.842
Muenchener Hypotheke0.335   2/10/2031   EUR   72.396
HSBC Bank PLC       2.230   9/6/2047    EUR   59.987
Kreditanstalt fuer W0.600   2/16/2051   EUR   54.657
ING Bank NV         1.445   7/6/2038    EUR   74.371
Norddeutsche Landesb0.940   1/13/2032   EUR   73.180
Agence Francaise de 1.950   11/19/2053  EUR   73.995
State of North Rhine2.000   4/16/2038   SEK   74.434
ACCIONA Financiacion3.000   10/23/2035  EUR   74.868
Credit Agricole CIB 0.730   6/2/2033    EUR   69.317
Muenchener Hypotheke0.750   5/27/2031   EUR   74.663
Akademiska Hus AB   2.185   11/21/2038  SEK   74.653
Aktia Bank Oyj      1.050   9/9/2041    EUR   53.369
Communaute Francaise1.917   12/14/2045  EUR   67.660
DZ Bank AG Deutsche 0.300   2/12/2032   EUR   72.245
SNCF Reseau         2.455   6/22/2047   SEK   73.896
Republic of Ireland 2.000   6/29/2064   EUR   65.261
Landesbank Baden-Wue0.080   2/12/2031   EUR   72.372
NRW Bank            0.600   1/28/2051   EUR   51.094
Bayerische Landesban1.650   11/28/2033  EUR   74.990
DekaBank Deutsche Gi1.300   4/23/2035   EUR   70.373
DNB Boligkreditt AS 1.634   2/13/2043   EUR   71.292
Landesbank Hessen-Th0.900   9/4/2034    EUR   67.364
Caisse Francaise de 1.466   2/1/2038    EUR   74.241
Caisse des Depots et1.098   7/31/2049   EUR   54.011
Communaute Francaise1.674   2/5/2038    EUR   73.985
BNG Bank NV         1.920   2/12/2048   EUR   73.040
Single Platform Inve0.932   2/15/2041   EUR   59.980
Single Platform Inve1.593   10/31/2050  EUR   62.122
Nederlandse Watersch0.260   11/10/2036  EUR   65.113
Caisse des Depots et0.913   11/20/2050  EUR   50.421
Kuntarahoitus Oyj   1.005   12/7/2060   EUR   55.774
Deutsche Pfandbriefb0.320   12/9/2030   EUR   68.868
Ville de Marseille  0.509   12/17/2041  EUR   56.200
Kreditanstalt fuer W0.880   12/7/2050   EUR   59.747
Kreditanstalt fuer W0.918   10/11/2050  EUR   60.428
Ministeries Van de V0.400   11/20/2043  EUR   51.187
Kreditanstalt fuer W0.902   11/16/2050  EUR   60.162
Raiffeisen Bank Inte0.290   11/11/2030  EUR   68.629
Autonomous Community0.810   10/31/2040  EUR   57.626
Region de Bruxelles-0.720   10/17/2051  EUR   43.895
SG Issuer SA        2.910   10/29/2034  AUD   69.386
Single Platform Inve0.785   3/20/2039   EUR   61.414
Kuntarahoitus Oyj   0.875   11/14/2034  SEK   74.228
Region de Bruxelles-0.808   1/31/2050   EUR   45.297
New World Resources 8.000   4/7/2020    EUR   0.098
Kreditanstalt fuer W0.660   11/12/2039  EUR   66.073
Batigere Grand Est S1.610   10/23/2040  EUR   66.858
Batigere Grand Est S1.600   11/14/2039  EUR   68.283
Landesbank Hessen-Th0.800   2/26/2035   EUR   65.418
Commerzbank AG      1.219   12/12/2039  EUR   62.267
Region de Bruxelles-1.036   1/7/2060    EUR   42.336
Landesbank Hessen-Th0.800   1/16/2035   EUR   65.641
Landesbank Saar     0.743   12/3/2032   EUR   71.875
Batigere Grand Est S1.709   11/4/2042   EUR   65.812
Region de Bruxelles-0.731   8/25/2060   EUR   36.102
Communaute Francaise0.818   8/28/2050   EUR   47.787
Landesbank Baden-Wue0.590   9/22/2034   EUR   65.439
Standard Chartered B0.500   9/11/2040   JPY   61.595
Wirtschafts- und Inf0.101   9/8/2033    EUR   70.842
DZ Bank AG Deutsche 0.750   9/21/2035   EUR   67.176
Sveriges Sakerstalld0.649   9/18/2032   SEK   73.846
Deutsche Pfandbriefb0.613   9/30/2032   EUR   64.877
Banque International0.680   10/9/2030   EUR   70.563
Nederlandse Watersch0.230   10/22/2035  EUR   67.056
Societe Wallonne de 0.894   10/23/2045  EUR   48.700
Societe Generale SA 1.290   12/19/2034  EUR   70.616
Norddeutsche Landesb1.350   2/3/2038    EUR   62.520
Lehman Brothers Trea3.400   9/21/2009   HKD   0.100
Windreich GmbH      6.750   3/1/2015    EUR   2.780
Windreich GmbH      6.250   3/1/2015    EUR   2.780
Air Berlin Finance B6.000   3/6/2019    EUR   0.241
DZ Bank AG Deutsche 9.250   4/28/2023   EUR   40.220
ENVIEN Magyarorszag 2.500   5/18/2031   HUF   66.380
Bank Vontobel AG    7.200   1/19/2027   EUR   42.100
Baromfi-Coop Termelo3.000   7/19/2031   HUF   66.700
Flextronics Internat3.600   12/6/2031   HUF   66.000
MASTERPLAST Nyrt    2.900   8/25/2031   HUF   62.500
Landesbank Hessen-Th1.000   3/20/2035   EUR   63.150
Landesbank Hessen-Th1.000   9/13/2034   EUR   65.900
SG Issuer SA        5.000   5/30/2029   EUR   47.560
Agrar Mezogazdasagi 2.900   8/24/2031   HUF   65.450
EFG International Fi6.120   7/11/2024   EUR   67.770
Hell Energy Magyaror2.700   12/18/2029  HUF   61.600
Landesbank Hessen-Th1.150   7/19/2034   EUR   72.100
MASTERPLAST Nyrt    2.100   12/21/2027  HUF   73.000
Sberbank of Russia P0.016   3/15/2032   RUB   73.500
BNP Paribas Issuance5.000   11/5/2024   EUR   32.120
Eltex Kft           3.500   12/21/2028  HUF   71.200
Axial Javito Kereske2.000   9/23/2030   HUF   59.686
Zalaco Sutoipari zrt3.500   7/24/2030   HUF   65.387
Szinorg Universal zr3.000   5/15/2030   HUF   62.306
Hypo Tirol Bank AG  0.670   7/21/2031   EUR   73.901
Single Platform Inve1.785   7/30/2042   EUR   70.524
Credit Agricole CIB 0.580   4/6/2033    EUR   68.029
IT Holding Finance S9.875   11/15/2012  EUR   0.015
Raiffeisenlandesbank0.620   9/29/2031   EUR   70.886
Credit Agricole Corp15.700  10/7/2026   TRY   74.872
Caisse Francaise de 1.670   12/7/2048   EUR   70.837
Romanian Government 2.750   4/14/2041   EUR   57.000
Ministeries Van de V1.053   6/3/2050    EUR   51.677
Centre Hospitalier R2.060   6/25/2049   EUR   73.573
Romanian Government 3.875   10/29/2035  EUR   74.630
Region de Bruxelles-1.922   4/24/2059   EUR   56.551
SAir Group          2.750   7/30/2004   CHF   11.375
Netherlands Governme0.500   1/15/2040   EUR   67.198
UBS AG/London       1.600   4/18/2049   EUR   64.199
Ukraine Government I7.750   9/1/2026    USD   18.447
HYPO NOE Landesbank 2.520   8/5/2041    EUR   71.671
Raiffeisenlandesbank0.810   9/18/2034   EUR   64.185
State of North Rhine0.880   7/12/2040   EUR   67.179
Commerzbank AG      1.400   7/21/2031   EUR   74.497
Raiffeisen-Landesban0.060   10/3/2031   EUR   72.697
French Republic Gove1.750   5/25/2066   EUR   64.918
Republic of Austria 1.500   11/2/2086   EUR   55.639
Credit Agricole Corp10.320  7/22/2026   TRY   67.826
ING Bank NV         0.465   4/21/2041   EUR   60.843
Spain Government Bon1.000   10/31/2050  EUR   50.841
Region Wallonne Belg1.250   4/30/2055   EUR   49.643
Region de Bruxelles-1.020   4/30/2060   EUR   40.766
Region Wallonne Belg1.930   10/20/2039  EUR   74.982
Deutsche Bank AG    2.530   10/7/2036   USD   68.278
Kingdom of Belgium G1.700   6/22/2050   EUR   67.624
Caisse Francaise de 1.720   11/6/2047   EUR   71.969
Sweden Government Bo1.375   6/23/2071   SEK   54.695
Caisse des Depots et2.730   3/2/2041    AUD   68.574
Kommunekredit       2.200   9/27/2041   AUD   61.345
Cie de Financement F1.887   1/31/2049   EUR   71.657
UBS AG/London       2.350   12/17/2048  EUR   73.653
Landeskreditbank Bad0.605   6/16/2036   EUR   71.466
Barclays Bank PLC   2.560   3/9/2036    USD   73.547
Teksid Aluminum Luxe12.375  7/15/2011   EUR   0.122
Kreditanstalt fuer W0.826   10/22/2041  EUR   65.900
BNP Paribas SA      1.300   1/28/2037   EUR   67.813
Lehman Brothers Trea5.220   3/1/2024    EUR   0.100
UniCredit Bank AG   0.030   3/17/2031   EUR   75.022
Credit Agricole CIB 0.550   3/17/2033   EUR   68.211
Single Platform Inve1.700   9/18/2037   EUR   73.787
Berlin Hyp AG       0.460   10/7/2031   EUR   72.987
Region of Centre-Val0.725   12/12/2039  EUR   61.585
SNCF Reseau         2.490   6/12/2047   SEK   74.440
Republic of Austria 0.750   3/20/2051   EUR   54.642
Region de Bruxelles-1.750   1/17/2048   EUR   65.991
Belfius Bank SA     0.190   1/28/2031   EUR   71.321
French Republic Gove0.500   5/25/2072   EUR   36.476
Ukraine Government I7.253   3/15/2035   USD   17.002
Single Platform Inve1.000   7/15/2036   EUR   67.146
State of North Rhine0.950   1/10/2121   EUR   36.579
Nederlandse Watersch1.610   12/4/2052   EUR   67.457
Bayerische Landesban1.716   1/8/2037    EUR   70.019
Caisse des Depots et1.000   2/26/2051   EUR   51.786
Landshypotek Bank AB0.750   2/16/2033   SEK   72.947
Berlin Hyp AG       0.375   9/29/2031   EUR   72.364
UNEDIC ASSEO        0.100   5/25/2034   EUR   68.690
Spain Government Bon1.450   10/31/2071  EUR   45.653
Finland Government B0.125   4/15/2052   EUR   43.532
Agence Francaise de 1.954   11/13/2053  EUR   74.019
Oberoesterreichische0.655   1/25/2036   EUR   60.110
Republic of Austria 1.850   5/23/2049   EUR   74.778
Municipality of Eind1.785   5/30/2047   EUR   73.129
Credit Agricole CIB 0.440   9/6/2033    EUR   66.948
Region de Bruxelles-0.875   6/22/2057   EUR   40.829
Credit Agricole Corp2.000   11/23/2032  USD   75.353
Department of L'Eure0.442   10/25/2045  EUR   48.340
Region de Bruxelles-0.453   12/7/2055   EUR   34.608
Department of Bouche0.432   2/1/2046    EUR   47.801
Credit Agricole CIB 0.390   12/16/2032  EUR   67.713
Region Wallonne Belg0.828   8/28/2048   EUR   49.271
City of St Gallen   0.140   9/16/2044   CHF   67.708
Department of Bouche0.500   10/5/2043   EUR   52.204
Collectivite Europee0.487   10/9/2045   EUR   49.070
Credit Agricole Corp1.920   10/16/2032  USD   73.088
Department of Loiret0.500   10/30/2042  EUR   53.642
Department of Bouche0.482   10/20/2045  EUR   48.952
Erste Group Bank AG 0.880   2/12/2035   EUR   63.910
United Kingdom Gilt 1.250   10/22/2041  GBP   62.166
Irish Bank Resolutio6.750   11/30/2013  BGN   33.294
Lehman Brothers Trea7.500   2/14/2010   AUD   0.100
Single Platform Inve1.350   1/26/2034   EUR   74.363
Landesbank Baden-Wue2.400   11/24/2023  EUR   75.440
UBS AG/London       10.500  4/28/2023   CHF   70.800
UBS AG/London       8.750   4/28/2023   CHF   52.250
Raiffeisen Bank Inte8.250   5/11/2023   EUR   62.010
Leonteq Securities A7.000   5/3/2023    CHF   53.070
Corner Banca SA     6.000   5/3/2023    CHF   69.740
TMK PJSC            7.350   2/28/2025   RUB   96.000
Landesbank Hessen-Th1.800   6/9/2036    EUR   63.750
UBS AG/London       13.000  5/6/2024    USD   44.650
UBS AG/London       11.000  5/5/2023    CHF   42.750
UBS AG/London       5.250   5/5/2023    CHF   75.500
Luzerner Kantonalban6.000   5/10/2023   CHF   53.980
Vontobel Financial P7.750   6/1/2023    EUR   86.890
Luzerner Kantonalban5.880   7/6/2023    CHF   52.230
Luzerner Kantonalban6.780   7/6/2023    USD   51.480
Sberbank of Russia P0.010   6/22/2028   RUB   63.300
Bank Julius Baer & C4.000   6/26/2023   CHF   74.000
Landesbank Baden-Wue3.100   7/24/2026   EUR   72.000
BNP Paribas Emission3.000   4/21/2026   EUR   62.050
Credit Suisse AG/Lon4.200   4/21/2023   EUR   50.260
Raiffeisen Bank Inte11.082  9/20/2023   EUR   71.750
Raiffeisen Bank Inte8.311   9/20/2023   EUR   64.080
Raiffeisen Bank Inte9.696   9/20/2023   EUR   59.570
Raiffeisen Bank Inte11.082  9/20/2023   EUR   56.440
Raiffeisen Bank Inte5.541   9/20/2023   EUR   63.450
Raiffeisen Bank Inte6.926   9/20/2023   EUR   61.790
Raiffeisen Bank Inte8.311   9/20/2023   EUR   60.570
DZ Bank AG Deutsche 21.500  4/28/2023   EUR   61.060
DZ Bank AG Deutsche 5.250   6/21/2023   EUR   54.820
DZ Bank AG Deutsche 8.500   3/22/2023   EUR   73.070
Bank Vontobel AG    7.250   7/11/2023   EUR   70.400
Bank Vontobel AG    10.250  10/9/2023   CHF   71.200
Bank Vontobel AG    15.000  4/12/2023   CHF   55.200
Bank Vontobel AG    8.750   10/9/2023   CHF   54.800
UniCredit Bank AG   10.800  5/10/2023   EUR   35.270
Banque International11.000  7/12/2023   EUR   58.090
UBS AG/London       18.000  4/15/2024   USD   71.000
Leonteq Securities A5.000   10/12/2023  CHF   74.800
Vontobel Financial P10.250  5/16/2023   EUR   74.200
EFG International Fi20.000  4/13/2023   USD   38.070
Bank Julius Baer & C11.750  4/18/2023   USD   76.100
Landesbank Baden-Wue1.600   4/28/2023   EUR   56.980
Landesbank Baden-Wue3.600   4/28/2023   EUR   48.270
Landesbank Baden-Wue5.250   4/28/2023   EUR   43.930
Landesbank Baden-Wue10.000  4/28/2023   EUR   70.540
Landesbank Baden-Wue3.300   4/28/2023   EUR   74.780
Landesbank Baden-Wue6.500   4/28/2023   EUR   41.510
Landesbank Baden-Wue2.000   4/28/2023   EUR   71.480
Landesbank Baden-Wue3.000   4/28/2023   EUR   67.470
Raiffeisen Schweiz G10.000  10/11/2023  CHF   65.120
Zurcher Kantonalbank9.400   10/11/2023  EUR   65.070
Zurcher Kantonalbank6.600   4/11/2023   CHF   75.660
Bank Vontobel AG    8.250   4/13/2023   CHF   72.500
Bank Vontobel AG    5.755   5/15/2023   CHF   52.800
Raiffeisen Schweiz G13.500  4/11/2023   CHF   55.810
Raiffeisen Schweiz G10.000  7/11/2023   CHF   44.100
Raiffeisen Schweiz G14.800  4/11/2023   CHF   41.310
UBS AG/London       17.400  4/14/2027   SEK   64.740
UBS AG/London       14.250  4/8/2024    USD   74.600
UBS AG/London       14.500  10/6/2023   CHF   72.850
UBS AG/London       13.000  4/6/2023    CHF   63.500
Banque Cantonale Vau13.400  10/6/2023   CHF   75.510
UBS AG/London       10.750  4/8/2024    CHF   73.250
Zurcher Kantonalbank11.000  4/6/2023    CHF   65.800
Zurcher Kantonalbank10.000  4/6/2023    CHF   71.240
Credit Suisse AG/Lon7.000   4/6/2023    CHF   63.230
Raiffeisen Schweiz G7.500   8/23/2023   CHF   68.430
Zurcher Kantonalbank2.550   8/26/2024   CHF   39.310
Landesbank Hessen-Th1.250   8/25/2036   EUR   61.400
Erste Group Bank AG 4.500   8/31/2025   EUR   75.550
Raiffeisen Schweiz G7.000   3/24/2023   CHF   65.470
Raiffeisen Schweiz G8.500   3/24/2023   CHF   70.300
Raiffeisen Schweiz G7.000   3/24/2023   CHF   70.500
Raiffeisen Schweiz G8.500   3/24/2023   USD   28.820
Raiffeisen Schweiz G8.000   3/24/2023   CHF   51.970
Banque International10.000  3/28/2023   CHF   36.230
Basler Kantonalbank 10.000  3/29/2023   CHF   35.390
EFG International Fi12.000  3/29/2023   USD   38.120
Raiffeisen Bank Inte5.368   3/22/2023   EUR   71.140
Raiffeisen Bank Inte8.051   3/22/2023   EUR   66.700
Raiffeisen Bank Inte9.393   3/22/2023   EUR   60.450
Raiffeisen Bank Inte10.735  3/22/2023   EUR   57.270
Raiffeisen Bank Inte12.077  3/22/2023   EUR   55.130
Raiffeisen Bank Inte9.393   3/22/2023   EUR   75.560
Raiffeisen Bank Inte10.735  3/22/2023   EUR   71.940
Raiffeisen Bank Inte12.077  3/22/2023   EUR   69.270
Leonteq Securities A8.000   8/2/2023    CHF   56.320
Landesbank Baden-Wue2.000   8/22/2025   EUR   75.530
Sberbank of Russia P0.010   8/3/2028    RUB   61.500
DekaBank Deutsche Gi3.100   8/30/2024   EUR   74.310
Vontobel Financial P4.250   8/22/2023   EUR   40.990
Sintekom TH OOO     13.000  1/23/2025   RUB   69.890
UniCredit Bank AG   3.400   9/2/2024    EUR   57.580
UniCredit Bank AG   3.600   9/2/2024    EUR   33.300
Landesbank Baden-Wue3.100   8/28/2026   EUR   75.620
BrokerCreditService 8.000   1/30/2024   USD   62.170
Landesbank Hessen-Th1.000   9/16/2036   EUR   60.700
Goldman Sachs & Co W5.000   6/21/2023   EUR   55.100
Goldman Sachs & Co W4.000   6/21/2023   EUR   58.090
Vontobel Financial P17.500  6/23/2023   EUR   39.430
UBS AG/London       7.500   3/17/2023   CHF   21.980
UBS AG/London       12.250  3/17/2023   CHF   55.550
UBS AG/London       9.750   3/17/2023   CHF   36.900
EFG International Fi6.500   3/22/2023   USD   67.220
DekaBank Deutsche Gi2.050   4/12/2024   EUR   42.210
Corner Banca SA     10.080  3/22/2023   CHF   51.170
DZ Bank AG Deutsche 0.320   12/30/2030  EUR   73.940
Vontobel Financial P5.150   3/19/2025   EUR   49.040
Leonteq Securities A8.000   3/22/2023   CHF   62.630
EFG International Fi7.000   3/23/2023   USD   7.450
UniCredit Bank AG   3.650   10/29/2024  EUR   67.200
BNP Paribas SA      1.275   10/2/2023   USD   22.900
Raiffeisen Schweiz G8.250   10/4/2023   CHF   74.590
Sberbank of Russia P0.010   10/5/2026   RUB   72.200
Raiffeisen Schweiz G8.500   7/5/2023    USD   69.400
BNP Paribas SA      1.259   10/2/2023   USD   23.660
Sberbank of Russia P0.010   10/5/2028   RUB   62.100
Sberbank of Russia P0.010   10/7/2026   RUB   75.000
DZ Bank AG Deutsche 14.400  3/24/2023   EUR   76.240
Bank Julius Baer & C22.000  3/29/2023   CHF   77.000
Bank Vontobel AG    8.000   12/27/2023  EUR   73.600
Bank Vontobel AG    15.000  9/25/2023   CHF   64.600
Bank Vontobel AG    18.500  6/26/2023   CHF   65.200
UBS AG/London       9.750   7/1/2024    CHF   59.700
Bank Vontobel AG    12.030  6/23/2023   EUR   35.100
Bank Vontobel AG    5.508   3/24/2023   CHF   36.700
Bank Vontobel AG    5.507   9/25/2023   CHF   26.100
Raiffeisen Switzerla6.700   5/10/2023   CHF   53.570
Zurcher Kantonalbank10.000  5/19/2023   CHF   55.080
Zurcher Kantonalbank9.100   5/11/2023   CHF   58.870
UniCredit Bank AG   7.300   6/14/2024   EUR   34.410
Landesbank Hessen-Th1.850   6/16/2036   EUR   63.600
UniCredit Bank AG   5.300   6/14/2024   EUR   75.350
Bank Vontobel AG    6.508   5/8/2023    CHF   54.300
UniCredit Bank AG   4.350   6/14/2024   EUR   65.060
DekaBank Deutsche Gi2.600   6/9/2023    EUR   74.820
Landesbank Baden-Wue3.150   6/26/2026   EUR   72.770
Leonteq Securities A8.000   5/17/2023   CHF   56.410
Raiffeisen Schweiz G6.500   11/17/2023  CHF   58.660
Banque International10.000  5/16/2023   EUR   40.160
Raiffeisen Schweiz G6.200   11/15/2023  CHF   46.520
Raiffeisen Schweiz G8.000   8/15/2023   CHF   76.900
Raiffeisen Schweiz G9.000   5/12/2023   CHF   50.910
Raiffeisen Schweiz G6.200   11/15/2023  CHF   73.850
Raiffeisen Schweiz G7.500   11/15/2023  CHF   54.460
Raiffeisen Schweiz G6.500   11/15/2023  CHF   73.490
UniCredit Bank AG   7.400   12/9/2024   EUR   62.870
UBS AG/London       6.750   5/18/2023   USD   48.900
UBS AG/London       8.500   5/17/2023   CHF   71.650
UBS AG/London       6.000   11/17/2023  CHF   76.950
UBS AG/London       7.500   11/17/2023  CHF   68.250
UBS AG/London       8.000   5/17/2023   CHF   30.950
UBS AG/London       8.000   11/17/2023  CHF   72.750
UBS AG/London       8.250   11/20/2023  USD   72.200
UBS AG/London       10.250  5/17/2023   CHF   58.650
VTB Bank PJSC       0.010   10/14/2026  RUB   74.990
Landesbank Hessen-Th0.750   11/17/2036  EUR   63.300
UniCredit Bank AG   4.550   12/22/2025  EUR   71.110
Basler Kantonalbank 7.000   11/17/2023  CHF   64.980
Basler Kantonalbank 12.000  5/17/2023   CHF   59.960
Landesbank Hessen-Th0.500   12/23/2036  EUR   60.600
HC Finance OOO      10.500  11/11/2024  RUB   60.100
EFG International Fi12.000  5/17/2023   CHF   30.610
EFG International Fi9.000   5/17/2023   CHF   60.700
Leonteq Securities A10.000  5/18/2023   USD   55.710
Bank Vontobel AG    5.750   11/6/2023   CHF   62.000
Bank Vontobel AG    8.500   11/6/2023   CHF   58.000
Bank Vontobel AG    6.250   5/12/2023   CHF   63.900
Bank Vontobel AG    6.000   11/17/2023  CHF   73.500
Societe Generale SA 11.000  11/22/2024  USD   41.760
Sberbank of Russia P0.010   11/13/2026  TRY   69.900
Leonteq Securities A8.000   11/22/2023  CHF   71.870
Corner Banca SA     7.000   11/22/2023  CHF   71.890
Credit Suisse AG/Lon7.000   12/17/2026  EUR   61.480
Leonteq Securities A11.000  5/22/2023   CHF   52.980
Sberbank of Russia P0.010   11/23/2026  RUB   68.500
Raiffeisen Schweiz G4.400   11/22/2023  CHF   70.980
Raiffeisen Schweiz G8.800   5/19/2023   USD   64.590
Raiffeisen Schweiz G7.500   11/22/2023  CHF   63.920
DZ Bank AG Deutsche 5.000   3/20/2023   EUR   64.920
DZ Bank AG Deutsche 8.750   3/20/2023   EUR   60.370
Zurcher Kantonalbank7.500   5/12/2023   CHF   74.570
Zurcher Kantonalbank10.500  5/16/2023   CHF   63.310
DZ Bank AG Deutsche 6.400   3/24/2023   EUR   71.470
DZ Bank AG Deutsche 10.600  3/24/2023   EUR   62.710
DZ Bank AG Deutsche 12.500  3/24/2023   EUR   43.050
DZ Bank AG Deutsche 10.100  3/24/2023   EUR   67.310
DZ Bank AG Deutsche 12.000  3/24/2023   EUR   76.430
DZ Bank AG Deutsche 16.300  3/24/2023   EUR   66.070
DZ Bank AG Deutsche 6.900   3/24/2023   EUR   74.850
DZ Bank AG Deutsche 13.700  3/24/2023   EUR   72.090
DZ Bank AG Deutsche 6.000   3/24/2023   EUR   55.660
UniCredit Bank AG   6.450   6/21/2023   EUR   48.110
EFG International Fi4.500   2/12/2024   USD   48.470
DZ Bank AG Deutsche 1.080   12/30/2030  EUR   73.960
DekaBank Deutsche Gi1.000   3/17/2025   EUR   70.190
Landesbank Baden-Wue3.200   3/27/2026   EUR   72.020
DZ Bank AG Deutsche 0.610   12/30/2030  EUR   72.980
DZ Bank AG Deutsche 0.570   6/25/2030   EUR   74.060
DZ Bank AG Deutsche 8.400   3/24/2023   EUR   66.790
DZ Bank AG Deutsche 10.900  3/24/2023   EUR   45.860
DZ Bank AG Deutsche 13.500  3/24/2023   EUR   31.770
DZ Bank AG Deutsche 17.700  3/24/2023   EUR   27.400
DZ Bank AG Deutsche 13.400  3/24/2023   EUR   72.620
DZ Bank AG Deutsche 17.000  3/24/2023   EUR   65.170
DZ Bank AG Deutsche 10.000  3/24/2023   EUR   68.690
DZ Bank AG Deutsche 11.800  3/24/2023   EUR   76.010
DZ Bank AG Deutsche 7.200   3/24/2023   EUR   75.640
DZ Bank AG Deutsche 1.370   12/30/2030  EUR   73.600
WEB Windenergie AG  4.500               EUR   0.010
Landesbank Hessen-Th9.968   9/21/2033   EUR   71.400
Vontobel Financial P5.000   3/26/2024   EUR   70.020
Societe Generale SA 14.000  4/3/2024    USD   14.625
Landesbank Baden-Wue4.300   3/24/2023   EUR   57.590
Landesbank Baden-Wue4.300   3/24/2023   EUR   68.600
Landesbank Baden-Wue2.200   3/24/2023   EUR   58.040
Landesbank Baden-Wue3.700   3/24/2023   EUR   51.840
SG Issuer SA        1.500   10/19/2033  EUR   70.340
Landesbank Baden-Wue2.300   3/24/2023   EUR   68.210
Landesbank Baden-Wue3.250   3/24/2023   EUR   62.410
Landesbank Baden-Wue4.050   3/24/2023   EUR   23.460
Landesbank Baden-Wue3.150   3/24/2023   EUR   39.120
Landesbank Baden-Wue2.650   9/22/2023   EUR   61.080
Vontobel Financial P3.000   9/5/2023    EUR   72.310
Citigroup Global Mar16.200  3/17/2023   EUR   61.510
Landesbank Hessen-Th0.700   4/1/2031    EUR   73.150
Koks PAO            9.200   8/16/2023   RUB   60.050
Leonteq Securities A6.000   9/20/2023   CHF   70.540
Leonteq Securities A10.000  3/17/2023   CHF   55.190
Corner Banca SA     9.000   3/17/2023   CHF   56.630
Leonteq Securities A9.000   9/20/2023   CHF   61.070
UBS AG/London       9.750   3/15/2023   CHF   12.840
Bank Julius Baer & C9.600   9/20/2023   CHF   73.700
Landesbank Baden-Wue3.000   9/25/2026   EUR   74.830
Landesbank Hessen-Th1.500   10/27/2036  EUR   58.350
DZ Bank AG Deutsche 0.510   6/25/2031   EUR   73.920
UBS AG/London       10.000  3/23/2026   USD   35.330
DZ Bank AG Deutsche 0.440   6/25/2031   EUR   72.290
Leonteq Securities A5.000   9/22/2025   CHF   72.240
EFG International Fi6.500   3/24/2023   USD   48.970
Landesbank Baden-Wue3.500   6/27/2025   EUR   73.330
Raiffeisen Switzerla6.250   9/25/2023   CHF   68.020
Landesbank Hessen-Th0.750   4/28/2031   EUR   72.950
Vontobel Financial P17.750  3/29/2023   EUR   33.300
DZ Bank AG Deutsche 0.860   12/30/2030  EUR   74.450
UniCredit Bank AG   5.750   2/26/2024   EUR   72.530
Vasutvillamosito Kft3.000   2/3/2031    HUF   65.000
Landesbank Baden-Wue4.000   6/28/2024   EUR   56.670
Landesbank Baden-Wue5.100   6/28/2024   EUR   51.520
Landesbank Baden-Wue7.000   6/28/2024   EUR   47.010
Landesbank Baden-Wue8.000   6/28/2024   EUR   45.500
Bayerische Landesban1.000   3/22/2024   EUR   64.160
BNP Paribas Issuance7.980   1/20/2025   SEK   75.460
Raiffeisen Schweiz G7.000   9/20/2023   CHF   75.190
Raiffeisen Schweiz G7.500   3/17/2023   CHF   52.920
Basler Kantonalbank 8.000   3/22/2023   CHF   65.750
EFG International Fi8.000   3/22/2023   USD   57.760
Landesbank Baden-Wue6.000   9/22/2023   EUR   72.570
Landesbank Baden-Wue10.000  9/22/2023   EUR   60.860
Leonteq Securities A7.000   4/26/2023   CHF   52.250
DZ Bank AG Deutsche 1.350   12/30/2030  EUR   74.440
Raiffeisen Switzerla8.000   3/22/2023   CHF   56.860
Landesbank Baden-Wue4.000   6/27/2025   EUR   74.880
Sberbank of Russia P0.010   3/25/2026   RUB   73.400
Sberbank of Russia P0.010   3/27/2028   RUB   66.300
Vontobel Financial P15.350  3/29/2023   EUR   39.290
UniCredit Bank AG   4.000   4/21/2025   USD   68.870
UniCredit Bank AG   1.550   7/18/2031   EUR   69.740
Raiffeisen Switzerla7.000   4/19/2023   CHF   66.620
Landesbank Baden-Wue3.060   4/26/2024   EUR   66.350
Landesbank Baden-Wue13.000  9/22/2023   EUR   55.110
EFG International Fi5.000   4/26/2023   USD   74.750
Raiffeisen Switzerla7.200   4/26/2023   CHF   68.780
Landesbank Baden-Wue3.350   4/28/2023   EUR   47.690
Landesbank Baden-Wue2.150   4/28/2023   EUR   51.470
Landesbank Baden-Wue5.200   4/28/2023   EUR   50.500
Landesbank Baden-Wue3.350   4/28/2023   EUR   57.910
Landesbank Baden-Wue7.000   4/28/2023   EUR   39.060
Landesbank Baden-Wue3.800   4/28/2023   EUR   51.280
Landesbank Baden-Wue4.200   4/28/2023   EUR   61.570
Landesbank Baden-Wue3.000   4/28/2023   EUR   66.910
Landesbank Baden-Wue2.000   4/28/2023   EUR   73.420
Landesbank Baden-Wue6.100   4/28/2023   EUR   70.960
Landesbank Baden-Wue4.200   4/28/2023   EUR   71.690
Landesbank Baden-Wue5.000   4/28/2023   EUR   61.920
Landesbank Baden-Wue4.000   4/28/2023   EUR   65.610
Landesbank Baden-Wue3.000   4/28/2023   EUR   69.810
Landesbank Baden-Wue3.000   4/28/2023   EUR   72.250
Landesbank Baden-Wue5.250   4/28/2023   EUR   25.810
Landesbank Baden-Wue3.150   4/28/2023   EUR   30.090
Landesbank Baden-Wue2.300   4/28/2023   EUR   37.440
Landesbank Baden-Wue6.250   4/28/2023   EUR   65.190
Landesbank Baden-Wue4.500   4/28/2023   EUR   71.630
Landesbank Baden-Wue6.000   4/28/2023   EUR   62.400
Landesbank Baden-Wue4.000   4/28/2023   EUR   73.750
Landesbank Baden-Wue5.700   4/28/2023   EUR   44.340
Landesbank Baden-Wue4.350   4/28/2023   EUR   48.220
Landesbank Baden-Wue3.000   4/28/2023   EUR   53.360
Bank Vontobel AG    6.503   4/24/2023   EUR   41.200
Bank Vontobel AG    7.252   4/24/2023   CHF   48.400
UBS AG/London       13.500  4/29/2024   USD   46.880
Raiffeisen Schweiz G5.850   10/4/2023   CHF   67.350
Landesbank Baden-Wue3.650   3/24/2023   EUR   61.120
Landesbank Baden-Wue6.200   3/24/2023   EUR   42.640
Landesbank Baden-Wue3.000   3/24/2023   EUR   73.220
Landesbank Baden-Wue4.200   3/24/2023   EUR   68.960
Landesbank Baden-Wue6.000   3/24/2023   EUR   73.170
Landesbank Baden-Wue6.200   3/24/2023   EUR   67.080
Landesbank Baden-Wue3.200   3/24/2023   EUR   73.340
Landesbank Baden-Wue4.300   3/24/2023   EUR   69.130
Landesbank Baden-Wue2.000   3/24/2023   EUR   74.470
Landesbank Baden-Wue4.900   3/24/2023   EUR   74.120
Leonteq Securities A11.000  4/4/2023    CHF   67.910
Leonteq Securities A7.000   10/4/2023   CHF   57.940
Leonteq Securities A10.000  4/4/2023    CHF   57.050
Leonteq Securities A7.400   10/4/2023   CHF   68.820
Leonteq Securities A8.000   10/4/2023   USD   64.100
Raiffeisen Schweiz G9.500   4/4/2023    CHF   69.100
Leonteq Securities A8.090   10/4/2023   CHF   44.370
DZ Bank AG Deutsche 1.620   6/25/2031   EUR   69.150
DekaBank Deutsche Gi4.500   9/1/2023    EUR   24.040
DekaBank Deutsche Gi3.650   8/30/2024   EUR   30.270
EFG International Fi8.000   8/9/2023    CHF   54.790
DekaBank Deutsche Gi4.000   9/1/2025    EUR   32.010
Bank Vontobel AG    7.000   2/5/2024    CHF   54.900
Sberbank of Russia P0.010   8/6/2026    RUB   74.110
BrokerCreditService 3.500   4/30/2024   USD   53.000
Raiffeisen Schweiz G6.400   8/9/2023    CHF   70.310
Landesbank Baden-Wue2.250   3/24/2023   EUR   66.640
Landesbank Baden-Wue4.900   3/24/2023   EUR   57.660
Landesbank Baden-Wue3.500   3/24/2023   EUR   54.650
Landesbank Baden-Wue8.650   3/24/2023   EUR   36.690
Landesbank Baden-Wue6.200   3/24/2023   EUR   58.550
Landesbank Baden-Wue8.900   3/24/2023   EUR   49.100
Landesbank Baden-Wue6.250   3/24/2023   EUR   70.180
Landesbank Baden-Wue5.500   3/24/2023   EUR   65.740
Landesbank Baden-Wue3.000   3/24/2023   EUR   70.220
Landesbank Baden-Wue4.150   3/24/2023   EUR   66.370
Sberbank of Russia P0.010   10/3/2028   RUB   69.700
Landesbank Baden-Wue2.000   3/24/2023   EUR   54.350
Landesbank Baden-Wue3.350   3/24/2023   EUR   50.850
Leonteq Securities A10.000  4/4/2023    USD   56.450
Corner Banca SA     8.000   4/4/2023    CHF   73.110
Corner Banca SA     7.000   10/4/2023   CHF   70.950
Raiffeisen Switzerla9.000   7/6/2023    USD   56.930
UBS AG/London       4.750   7/26/2023   CHF   67.300
UBS AG/London       7.000   7/26/2023   CHF   50.100
UBS AG/London       7.000   1/26/2024   CHF   67.300
UBS AG/London       7.750   7/26/2023   CHF   68.100
UBS AG/London       9.750   7/26/2023   CHF   34.100
Raiffeisen Schweiz G8.200   12/6/2023   CHF   64.300
Landesbank Baden-Wue4.000   1/2/2026    EUR   63.140
BNP Paribas Emission11.000  12/21/2023  EUR   67.820
BNP Paribas Emission16.000  3/23/2023   EUR   73.880
BNP Paribas Emission18.000  3/23/2023   EUR   73.950
BNP Paribas Emission8.000   3/23/2023   EUR   65.860
BNP Paribas Emission11.000  3/23/2023   EUR   61.900
BNP Paribas Emission8.000   12/21/2023  EUR   69.310
BNP Paribas Emission12.000  12/21/2023  EUR   76.780
BNP Paribas Emission14.000  6/22/2023   EUR   75.760
BNP Paribas Emission16.000  6/22/2023   EUR   76.320
BNP Paribas Emission9.000   12/21/2023  EUR   77.120
BNP Paribas Emission14.000  3/23/2023   EUR   77.060
Bank Julius Baer & C7.400   9/18/2023   EUR   72.900
Landesbank Baden-Wue6.600   6/23/2023   EUR   74.080
Landesbank Baden-Wue8.500   6/23/2023   EUR   70.540
Landesbank Baden-Wue7.600   6/23/2023   EUR   70.520
Landesbank Baden-Wue9.500   6/23/2023   EUR   70.090
Landesbank Baden-Wue4.100   7/28/2023   EUR   51.390
Landesbank Baden-Wue2.500   8/25/2023   EUR   56.970
UniCredit Bank AG   6.900   3/24/2023   EUR   77.570
UniCredit Bank AG   8.600   3/24/2023   EUR   73.800
UniCredit Bank AG   12.700  3/24/2023   EUR   75.550
UniCredit Bank AG   16.000  3/24/2023   EUR   69.730
UniCredit Bank AG   10.600  3/24/2023   EUR   70.410
Vontobel Financial P20.500  6/23/2023   EUR   45.010
Vontobel Financial P14.000  6/23/2023   EUR   49.300
Vontobel Financial P19.500  6/23/2023   EUR   76.240
Vontobel Financial P8.500   6/23/2023   EUR   56.080
Vontobel Financial P14.000  6/23/2023   EUR   76.670
Vontobel Financial P16.500  6/23/2023   EUR   73.370
DZ Bank AG Deutsche 24.900  6/23/2023   EUR   #N/A N/A
DZ Bank AG Deutsche 19.400  6/23/2023   EUR   73.160
DZ Bank AG Deutsche 24.200  3/24/2023   EUR   69.760
UniCredit Bank AG   14.300  3/24/2023   EUR   72.520
UniCredit Bank AG   17.800  3/24/2023   EUR   67.170
UniCredit Bank AG   13.700  3/24/2023   EUR   76.880
Vontobel Financial P23.000  6/23/2023   EUR   71.910
Vontobel Financial P21.000  6/23/2023   EUR   73.920
Vontobel Financial P15.000  6/23/2023   EUR   75.500
Vontobel Financial P17.500  6/23/2023   EUR   72.430
Vontobel Financial P16.000  6/23/2023   EUR   74.550
Vontobel Financial P21.000  6/23/2023   EUR   32.010
BNP Paribas Emission9.500   12/21/2023  EUR   66.700
BNP Paribas Emission12.000  12/21/2023  EUR   63.650
BNP Paribas Emission14.000  6/22/2023   EUR   76.700
BNP Paribas Emission6.500   3/23/2023   EUR   70.470
BNP Paribas Emission7.500   12/21/2023  EUR   73.030
BNP Paribas Emission12.000  12/21/2023  EUR   77.870
BNP Paribas Emission14.000  3/23/2023   EUR   77.650
BNP Paribas Emission9.000   3/23/2023   EUR   65.900
BNP Paribas Emission16.000  3/23/2023   EUR   56.850
BNP Paribas Emission18.000  3/23/2023   EUR   56.920
BNP Paribas Emission18.000  6/22/2023   EUR   67.250
BNP Paribas Emission14.000  12/21/2023  EUR   71.820
BNP Paribas Emission13.000  3/23/2023   EUR   75.530
BNP Paribas Emission7.500   3/23/2023   EUR   72.370
BNP Paribas Emission9.500   3/23/2023   EUR   72.450
BNP Paribas Emission12.000  3/23/2023   EUR   66.380
BNP Paribas Emission15.000  3/23/2023   EUR   61.290
BNP Paribas Emission17.000  3/23/2023   EUR   61.370
BNP Paribas Emission7.000   12/21/2023  EUR   76.680
BNP Paribas Emission8.500   12/21/2023  EUR   73.900
BNP Paribas Emission10.000  12/21/2023  EUR   69.680
BNP Paribas Emission13.000  12/21/2023  EUR   67.230
BNP Paribas Emission9.000   3/23/2023   EUR   73.850
BNP Paribas Emission12.000  3/23/2023   EUR   67.280
BNP Paribas Emission14.000  3/23/2023   EUR   67.360
BNP Paribas Emission8.000   6/22/2023   EUR   73.740
BNP Paribas Emission10.000  6/22/2023   EUR   74.300
BNP Paribas Emission12.000  6/22/2023   EUR   68.480
BNP Paribas Emission10.000  12/21/2023  EUR   72.050
BNP Paribas Emission9.000   3/23/2023   EUR   74.280
BNP Paribas Emission13.000  3/23/2023   EUR   69.530
BNP Paribas Emission18.000  3/23/2023   EUR   65.420
BNP Paribas Emission12.000  12/21/2023  EUR   72.620
BNP Paribas Emission14.000  3/23/2023   EUR   70.260
BNP Paribas Emission16.000  3/23/2023   EUR   70.340
BNP Paribas Emission20.000  3/23/2023   EUR   63.080
BNP Paribas Emission14.000  6/22/2023   EUR   73.360
BNP Paribas Emission8.000   12/21/2023  EUR   76.380
BNP Paribas Emission12.000  3/23/2023   EUR   76.980
BNP Paribas Emission16.000  3/23/2023   EUR   72.370
Bank Julius Baer & C9.900   6/16/2023   USD   77.200
Bank Julius Baer & C7.700   6/16/2023   USD   70.200
Landesbank Baden-Wue6.200   6/23/2023   EUR   70.050
Landesbank Baden-Wue6.800   7/28/2023   EUR   44.270
Landesbank Baden-Wue10.000  7/28/2023   EUR   39.550
Leonteq Securities A20.000  3/28/2023   USD   69.530
Corner Banca SA     18.800  3/28/2023   CHF   62.180
Leonteq Securities A15.000  6/28/2023   USD   61.670
UBS AG/London       5.250   5/31/2023   EUR   70.300
Landesbank Baden-Wue3.350   6/26/2026   EUR   75.550
DZ Bank AG Deutsche 21.000  6/23/2023   EUR   71.750
DZ Bank AG Deutsche 4.500   6/21/2023   EUR   73.430
Raiffeisen Schweiz G16.500  3/28/2023   CHF   69.010
Raiffeisen Schweiz G8.700   12/28/2023  CHF   66.930
Zurcher Kantonalbank9.500   3/10/2023   CHF   44.950
Credit Suisse AG/Lon10.500  3/21/2023   USD   65.840
Raiffeisen Schweiz G7.200   6/1/2023    CHF   56.290
DekaBank Deutsche Gi3.100   6/28/2024   EUR   75.180
Sberbank of Russia P0.010   6/2/2028    RUB   74.000
Erste Group Bank AG 5.500   6/30/2025   EUR   76.550
UniCredit Bank AG   4.050   7/1/2024    EUR   53.060
UniCredit Bank AG   5.250   7/1/2024    EUR   21.440
UBS AG/London       5.250   5/31/2023   CHF   53.700
UBS AG/London       7.750   5/31/2023   CHF   72.300
Leonteq Securities A7.000   6/7/2023    CHF   71.000
EFG International Fi4.500   2/26/2024   USD   47.180
SG Issuer SA        1.600   9/21/2033   EUR   72.550
Societe Generale Eff5.600   9/4/2023    EUR   81.010
Landesbank Baden-Wue2.500   8/25/2023   EUR   53.380
DZ Bank AG Deutsche 0.630   12/30/2030  EUR   73.890
UniCredit Bank AG   4.550   9/28/2023   EUR   54.440
SG Issuer SA        1.800   7/6/2033    EUR   73.830
Landesbank Baden-Wue2.700   9/22/2023   EUR   60.790
Landesbank Hessen-Th1.750   7/14/2036   EUR   63.300
DZ Bank AG Deutsche 5.100   6/23/2023   EUR   55.290
DZ Bank AG Deutsche 6.500   3/22/2023   EUR   72.990
Bank Julius Baer & C15.250  3/29/2023   CHF   36.800
UBS AG/London       14.000  3/23/2023   USD   69.600
UBS AG/London       12.750  3/25/2024   CHF   71.000
UBS AG/London       11.750  3/23/2023   CHF   72.850
Zurcher Kantonalbank18.000  3/23/2023   CHF   71.840
Bank Vontobel AG    19.000  3/13/2023   EUR   37.300
UBS AG/London       14.250  3/23/2023   CHF   72.200
UBS AG/London       13.500  3/23/2023   USD   75.300
Vontobel Financial P16.250  9/22/2023   EUR   69.820
DZ Bank AG Deutsche 10.500  6/21/2023   EUR   60.850
Vontobel Financial P12.000  3/24/2023   EUR   52.540
Vontobel Financial P8.500   3/24/2023   EUR   76.660
Vontobel Financial P22.000  3/24/2023   EUR   28.370
SG Issuer SA        7.740   7/20/2025   SEK   57.270
Vontobel Financial P4.200   6/16/2023   USD   55.970
Vontobel Financial P5.100   6/16/2023   USD   54.380
Leonteq Securities A10.000  4/18/2023   USD   41.260
Nordea Bank Abp     2.000   2/3/2027    SEK   70.630
Raiffeisen Switzerla7.400   7/14/2023   CHF   72.740
Raiffeisen Switzerla6.000   1/17/2024   CHF   73.390
Leonteq Securities A7.000   12/13/2023  CHF   66.040
UBS AG/London       7.750   8/2/2023    CHF   67.900
DZ Bank AG Deutsche 4.250   3/22/2023   EUR   58.350
DZ Bank AG Deutsche 6.500   3/22/2023   EUR   58.440
DZ Bank AG Deutsche 17.800  3/24/2023   EUR   #N/A N/A
DZ Bank AG Deutsche 14.500  6/23/2023   EUR   #N/A N/A
DZ Bank AG Deutsche 13.200  9/22/2023   EUR   #N/A N/A
DZ Bank AG Deutsche 7.250   3/22/2023   EUR   26.490
DZ Bank AG Deutsche 8.250   3/22/2023   EUR   64.330
Societe Generale SA 14.000  1/10/2025   USD   72.800
Leonteq Securities A7.000   1/17/2024   CHF   73.440
Credit Suisse AG/Lon8.250   4/11/2023   USD   64.500
Corner Banca SA     8.000   12/13/2023  CHF   74.860
Leonteq Securities A10.000  3/10/2023   CHF   62.720
UBS AG/London       11.750  8/2/2023    EUR   74.600
DZ Bank AG Deutsche 6.500   3/22/2023   EUR   68.780
UBS AG/London       16.750  8/31/2023   USD   70.250
DZ Bank AG Deutsche 1.580   12/29/2031  EUR   73.220
Leonteq Securities A9.590   6/9/2023    CHF   60.730
EFG International Fi6.370   3/6/2023    USD   72.150
Banque Cantonale Vau5.400   12/6/2023   CHF   36.010
Leonteq Securities A15.000  6/13/2023   CHF   53.120
Corner Banca SA     15.000  3/10/2023   CHF   41.860
Landesbank Baden-Wue4.500   12/22/2023  EUR   67.810
Landesbank Baden-Wue3.400   12/22/2023  EUR   71.050
UBS AG/London       7.500   5/3/2023    CHF   64.950
UBS AG/London       16.250  5/3/2023    USD   42.100
UBS AG/London       12.500  6/8/2023    CHF   64.850
UBS AG/London       8.500   12/8/2023   EUR   75.250
UBS AG/London       6.750   6/8/2023    CHF   62.650
UBS AG/London       7.500   6/8/2023    CHF   62.850
SG Issuer SA        2.100   12/6/2033   EUR   49.120
UBS AG/London       11.250  8/31/2023   CHF   61.100
Zurcher Kantonalbank7.500   7/10/2023   USD   66.440
Leonteq Securities A9.000   7/14/2023   CHF   71.080
Raiffeisen Switzerla20.000  9/6/2023    CHF   47.360
Leonteq Securities A8.200   1/17/2024   CHF   62.330
UBS AG/London       8.750   6/8/2023    CHF   71.750
DZ Bank AG Deutsche 9.750   9/20/2023   EUR   47.400
BNP Paribas Emission3.000   3/23/2023   EUR   55.090
Landesbank Hessen-Th1.500   1/20/2037   EUR   63.000
DZ Bank AG Deutsche 5.500   3/20/2023   EUR   71.450
Landesbank Baden-Wue3.750   2/27/2026   EUR   73.860
Leonteq Securities A9.000   3/9/2023    CHF   65.050
Zurcher Kantonalbank9.000   7/10/2023   CHF   76.800
Sberbank of Russia P0.010   12/7/2026   RUB   71.600
Ebis OOO            14.500  11/25/2025  RUB   2.320
Goldman Sachs Intern0.060   1/13/2025   EUR   58.100
Bank Vontobel AG    10.500  6/30/2023   CHF   24.400
UBS AG/London       5.250   6/8/2023    CHF   62.250
UBS AG/London       9.500   12/8/2023   USD   58.400
UBS AG/London       18.500  6/8/2023    USD   43.850
UBS AG/London       7.750   12/8/2023   CHF   59.350
Goldman Sachs Intern0.100   1/13/2025   EUR   23.600
Goldman Sachs Intern0.070   1/13/2025   EUR   68.150
Landesbank Hessen-Th4.984   1/14/2037   EUR   62.150
BNP Paribas Emission3.000   3/23/2023   EUR   52.600
Landesbank Baden-Wue5.600   12/22/2023  EUR   64.810
Basler Kantonalbank 7.600   4/13/2023   CHF   55.030
UBS AG/London       21.000  9/7/2023    CHF   46.700
Landesbank Baden-Wue3.400   6/27/2025   EUR   73.960
UBS AG/London       5.000   4/14/2023   CHF   70.450
Raiffeisen Switzerla10.000  4/16/2024   USD   56.450
Citigroup Global Mar2.560   4/29/2025   EUR   71.440
Banque Cantonale Vau7.500   4/14/2023   CHF   28.380
UniCredit Bank AG   1.120   1/20/2031   EUR   67.750
Raiffeisen Switzerla6.500   4/12/2023   CHF   51.930
Bank Vontobel AG    5.005   10/9/2023   CHF   51.700
DZ Bank AG Deutsche 8.750   6/21/2023   EUR   47.020
UBS AG/London       6.250   4/14/2023   CHF   50.950
UBS AG/London       12.750  4/14/2023   CHF   37.800
Zurcher Kantonalbank7.300   4/18/2023   CHF   66.840
Bank Vontobel AG    15.000  6/19/2023   CHF   58.900
Bank Vontobel AG    28.500  9/18/2023   CHF   61.900
Bank Vontobel AG    6.008   4/11/2023   EUR   72.000
DZ Bank AG Deutsche 11.750  9/20/2023   EUR   47.470
UBS AG/London       11.250  4/14/2023   CHF   50.300
UBS AG/London       9.000   4/14/2023   CHF   51.200
LP Portfolio Vagyonk2.800   11/30/2030  HUF   64.400
DekaBank Deutsche Gi2.400   5/17/2024   EUR   57.130
UBS AG/London       8.250   4/21/2023   CHF   40.350
UBS AG/London       10.500  4/21/2023   CHF   13.920
EFG International Fi5.700   4/26/2023   USD   36.410
UniCredit Bank AG   0.900   7/18/2031   EUR   71.920
Landesbank Baden-Wue3.260   4/28/2023   EUR   64.970
Bank Vontobel AG    7.501   10/16/2023  CHF   52.800
UBS AG/London       6.750   4/21/2023   CHF   68.600
EFG International Fi5.800   4/26/2023   EUR   11.470
Leonteq Securities A4.500   10/23/2023  CHF   47.860
Sberbank of Russia P0.010   4/22/2026   RUB   75.600
Bank Julius Baer & C18.700  9/15/2023   USD   73.800
Bank Vontobel AG    10.000  9/11/2023   CHF   67.800
Leonteq Securities A9.000   3/29/2023   CHF   54.450
Vontobel Financial P15.800  3/30/2023   EUR   42.030
Bank Julius Baer & C6.550   5/10/2023   CHF   70.900
UBS AG/London       7.000   5/19/2023   CHF   59.400
Societe Generale SA 0.973   4/13/2023   USD   #N/A N/A
UniCredit Bank AG   0.740   1/20/2031   EUR   72.420
UniCredit Bank AG   1.560   1/20/2031   EUR   71.540
Landesbank Hessen-Th1.400   1/13/2037   EUR   63.300
Sberbank of Russia P0.010   11/27/2026  RUB   71.600
Leonteq Securities A11.210  6/6/2023    CHF   16.740
Vontobel Financial P16.750  9/22/2023   EUR   70.990
Bank Vontobel AG    8.000   5/26/2023   CHF   31.600
Bank Vontobel AG    8.500   6/5/2023    CHF   61.800
Raiffeisen Switzerla7.700   1/10/2024   CHF   67.990
Leonteq Securities A6.100   12/6/2023   CHF   68.550
Bank Vontobel AG    8.250   11/27/2023  EUR   70.500
Bank Vontobel AG    9.000   6/5/2023    CHF   61.100
Leonteq Securities A14.000  7/7/2023    CHF   64.360
Raiffeisen Schweiz G15.200  3/7/2023    CHF   53.970
Raiffeisen Schweiz G7.300   3/4/2024    CHF   64.320
Bank Julius Baer & C10.000  8/7/2023    USD   57.000
Leonteq Securities A6.000   2/7/2024    CHF   64.010
Credit Suisse AG/Lon9.000   5/2/2023    CHF   35.730
Vontobel Financial P10.000  3/24/2023   EUR   56.660
Vontobel Financial P6.000   3/24/2023   EUR   57.040
Raiffeisen Bank Inte7.500   2/7/2024    EUR   67.770
Raiffeisen Switzerla9.300   8/4/2023    USD   64.580
Raiffeisen Schweiz G9.000   8/4/2023    CHF   69.590
Bank Vontobel AG    7.500   2/5/2024    CHF   73.700
Bank Vontobel AG    10.750  5/8/2023    CHF   63.500
Bank Vontobel AG    12.250  8/4/2023    EUR   32.500
Sberbank of Russia P0.010   12/22/2026  RUB   73.100
Raiffeisen Schweiz G7.200   6/21/2023   CHF   75.370
DekaBank Deutsche Gi3.200   7/21/2025   EUR   72.580
UBS AG/London       9.250   6/23/2023   USD   52.650
UBS AG/London       8.000   6/23/2023   CHF   43.850
UBS AG/London       7.750   6/23/2023   CHF   37.050
UBS AG/London       7.250   6/23/2023   CHF   65.800
Raiffeisen Schweiz G7.900   7/28/2023   CHF   69.950
Bank Vontobel AG    6.000   4/28/2023   CHF   71.000
Bank Vontobel AG    5.000   7/28/2023   CHF   74.200
Bank Vontobel AG    11.000  1/29/2024   CHF   67.500
UBS AG/London       16.120  5/14/2027   SEK   75.730
Sberbank of Russia P0.010   2/1/2029    RUB   68.200
Societe Generale SA 10.000  1/31/2024   USD   59.350
Bank Julius Baer & C7.250   5/5/2023    EUR   44.900
Zurcher Kantonalbank5.100   1/31/2025   CHF   49.440
Bank Julius Baer & C4.600   4/4/2023    CHF   69.400
Bank Julius Baer & C8.400   4/4/2023    CHF   58.900
Bank Vontobel AG    15.000  6/30/2023   CHF   26.400
Landesbank Hessen-Th1.500   2/10/2037   EUR   63.450
MKB-Leasing OOO     9.200   12/22/2027  RUB   65.000
Leonteq Securities A25.000  9/12/2023   CHF   70.360
VTB Bank PJSC       0.010   3/25/2026   RUB   73.370
Sberbank of Russia P0.010   2/4/2027    RUB   68.800
Landesbank Hessen-Th1.000   3/9/2037    EUR   66.000
Corner Banca SA     11.000  5/8/2023    CHF   73.050
Leonteq Securities A9.000   8/7/2023    CHF   38.630
DZ Bank AG Deutsche 2.120   12/29/2031  EUR   73.120
Vontobel Financial P7.500   3/24/2023   EUR   61.170
Vontobel Financial P9.000   3/24/2023   EUR   56.590
Vontobel Financial P17.500  3/24/2023   EUR   69.230
Vontobel Financial P15.500  3/24/2023   EUR   72.350
Vontobel Financial P14.500  3/24/2023   EUR   55.420
Vontobel Financial P12.500  3/24/2023   EUR   58.610
Vontobel Financial P6.500   3/24/2023   EUR   71.560
Vontobel Financial P5.000   3/24/2023   EUR   77.420
Vontobel Financial P8.500   3/24/2023   EUR   66.540
Vontobel Financial P10.000  3/24/2023   EUR   62.250
Vontobel Financial P16.500  3/24/2023   EUR   52.200
Vontobel Financial P19.000  3/24/2023   EUR   69.720
UBS AG/London       6.500   8/23/2023   CHF   70.250
UBS AG/London       8.250   8/23/2023   CHF   61.500
UBS AG/London       11.750  8/23/2023   CHF   38.050
UBS AG/London       10.000  8/23/2023   CHF   59.350
Vontobel Financial P14.500  3/24/2023   EUR   74.210
Vontobel Financial P16.000  3/24/2023   EUR   71.670
SG Issuer SA        6.500   1/20/2025   SEK   72.020
SG Issuer SA        8.410   1/20/2027   SEK   57.830
Credit Suisse AG/Lon8.000   3/22/2023   CHF   69.940
Landesbank Baden-Wue5.000   12/22/2023  EUR   74.080
Landesbank Baden-Wue9.500   12/22/2023  EUR   62.780
Landesbank Baden-Wue7.750   12/22/2023  EUR   68.020
Landesbank Baden-Wue6.000   12/22/2023  EUR   55.770
Landesbank Baden-Wue8.100   12/22/2023  EUR   53.000
Landesbank Baden-Wue6.300   12/22/2023  EUR   57.630
Landesbank Baden-Wue3.000   12/22/2023  EUR   70.580
Landesbank Baden-Wue3.100   12/22/2023  EUR   35.980
Landesbank Baden-Wue4.150   12/22/2023  EUR   52.400
Landesbank Baden-Wue3.000   12/22/2023  EUR   69.600
UBS AG/London       5.750   12/29/2023  CHF   67.100
UBS AG/London       9.500   6/29/2023   CHF   34.350
UBS AG/London       6.500   12/29/2023  USD   58.650
UBS AG/London       16.000  12/29/2023  USD   64.150
UBS AG/London       10.250  6/29/2023   CHF   72.700
Vontobel Financial P7.710   3/30/2023   EUR   74.810
Credit Suisse AG/Lon8.500   3/24/2023   USD   54.850
Leonteq Securities A7.000   1/5/2024    CHF   73.050
Leonteq Securities A11.000  3/30/2023   CHF   52.210
Leonteq Securities A8.000   6/30/2023   CHF   72.230
Leonteq Securities A9.000   6/30/2023   CHF   51.420
Bank Julius Baer & C9.600   3/30/2023   USD   65.200
Leonteq Securities A12.000  3/30/2023   CHF   23.870
DZ Bank AG Deutsche 6.250   3/20/2023   EUR   43.740
Raiffeisen Switzerla6.500   1/3/2024    CHF   72.470
Raiffeisen Switzerla9.000   6/30/2023   USD   67.510
VTB Bank PJSC       0.010   11/25/2026  RUB   68.450
Biznes Nedvizhimost 10.800  12/18/2026  RUB   62.000
Luzerner Kantonalban5.000   6/28/2023   CHF   60.200
Zurcher Kantonalbank9.000   6/28/2023   CHF   72.120
SG Issuer SA        2.000   12/22/2036  EUR   60.750
UniCredit Bank AG   3.700   1/27/2025   EUR   67.150
Raiffeisen Schweiz G6.000   12/27/2023  CHF   70.010
UBS AG/London       5.500   1/12/2024   CHF   59.600
Glavtorg LLC        14.500  12/12/2024  RUB   5.280
Landesbank Baden-Wue2.500   7/24/2026   EUR   72.120
EFG International Fi14.000  6/28/2023   CHF   34.220
Landesbank Baden-Wue5.900   12/22/2023  EUR   39.310
Landesbank Baden-Wue4.600   12/22/2023  EUR   42.090
Landesbank Baden-Wue2.400   12/22/2023  EUR   49.880
Landesbank Baden-Wue4.200   12/22/2023  EUR   60.130
Landesbank Baden-Wue2.600   12/22/2023  EUR   65.870
Landesbank Baden-Wue7.500   12/22/2023  EUR   71.400
Landesbank Baden-Wue3.100   12/22/2023  EUR   62.080
Landesbank Baden-Wue2.300   12/22/2023  EUR   64.080
Landesbank Baden-Wue9.200   12/22/2023  EUR   72.410
Landesbank Baden-Wue7.000   12/22/2023  EUR   30.170
Landesbank Baden-Wue2.500   12/22/2023  EUR   55.890
Landesbank Baden-Wue4.500   12/22/2023  EUR   64.530
Landesbank Baden-Wue2.200   12/22/2023  EUR   76.140
UBS AG/London       8.500   6/29/2023   CHF   60.100
UBS AG/London       4.750   12/29/2023  CHF   67.500
UBS AG/London       6.500   12/29/2023  CHF   70.100
UBS AG/London       6.750   6/29/2023   CHF   67.750
UBS AG/London       6.000   6/29/2023   CHF   60.000
Banque Cantonale Vau12.360  6/27/2023   CHF   72.480
Leonteq Securities A8.000   6/30/2023   CHF   71.200
Leonteq Securities A8.000   6/30/2023   USD   58.250
DZ Bank AG Deutsche 5.000   3/20/2023   EUR   50.570
VTB Bank PJSC       0.010   12/6/2024   RUB   80.020
Erste Group Bank AG 5.250   1/31/2026   EUR   55.550
Erste Group Bank AG 12.750  2/4/2027    EUR   73.800
UBS AG/London       7.250   6/22/2023   CHF   67.650
UBS AG/London       7.250   12/22/2023  CHF   77.700
UBS AG/London       8.000   12/22/2023  USD   57.950
Corner Banca SA     14.000  3/27/2023   CHF   49.200
Bank Vontobel AG    11.000  6/27/2023   CHF   75.400
Raiffeisen Schweiz G6.000   12/27/2023  CHF   69.470
Raiffeisen Schweiz G10.000  3/23/2023   CHF   36.490
UBS AG/London       6.250   1/12/2024   CHF   70.500
UBS AG/London       9.000   7/12/2023   EUR   61.450
UBS AG/London       6.500   1/12/2024   CHF   67.200
Landesbank Hessen-Th1.100   7/23/2036   EUR   62.050
Goldman Sachs & Co W7.000   6/21/2023   EUR   69.560
Landesbank Baden-Wue4.000   7/25/2025   EUR   34.190
Barclays Bank PLC   2.550   6/19/2024   USD   71.777
VTB Bank PJSC       0.010   4/8/2026    RUB   71.010
UBS AG/London       8.250   6/22/2023   CHF   67.800
UBS AG/London       6.250   12/22/2023  CHF   60.950
UBS AG/London       10.000  6/22/2023   CHF   59.750
UBS AG/London       10.250  6/22/2023   CHF   52.550
UBS AG/London       7.500   6/22/2023   CHF   58.950
UBS AG/London       5.250   12/22/2023  CHF   75.850
Bank Julius Baer & C12.000  3/23/2023   EUR   71.850
Leonteq Securities A8.000   3/27/2023   CHF   35.800
Leonteq Securities A7.000   6/27/2023   CHF   70.520
Leonteq Securities A7.000   12/27/2023  CHF   71.610
Credit Suisse AG/Lon8.000   3/21/2023   CHF   72.400
Bank Vontobel AG    10.000  3/24/2023   EUR   53.600
Bank Vontobel AG    10.250  3/24/2023   CHF   46.100
Bank Vontobel AG    11.250  3/24/2023   CHF   46.300
Bank Vontobel AG    5.500   12/27/2023  CHF   60.600
Sberbank of Russia P0.010   12/11/2026  RUB   68.720
Raiffeisen Switzerla9.000   6/27/2023   USD   58.550
UBS AG/London       5.250   1/12/2024   USD   67.050
UBS AG/London       9.500   1/12/2024   CHF   68.000
Leonteq Securities A8.000   6/27/2023   USD   52.410
Raiffeisen Bank Inte10.000  2/12/2024   EUR   36.960
Bank Vontobel AG    7.250   6/12/2023   CHF   30.600
EFG International Fi9.800   6/21/2023   EUR   15.530
Vontobel Financial P3.500   7/3/2023    EUR   44.600
UBS AG/London       8.250   6/16/2023   CHF   50.200
Goldman Sachs & Co W6.000   6/21/2023   EUR   69.310
Credit Suisse AG/Lon8.750   5/25/2023   CHF   71.660
Landesbank Baden-Wue3.000   3/22/2024   EUR   74.810
Landesbank Baden-Wue4.100   3/22/2024   EUR   71.400
Landesbank Baden-Wue3.000   3/22/2024   EUR   68.690
Landesbank Baden-Wue4.200   3/22/2024   EUR   63.980
Landesbank Baden-Wue5.600   3/22/2024   EUR   60.220
Landesbank Baden-Wue5.000   3/22/2024   EUR   71.640
Landesbank Baden-Wue5.000   3/22/2024   EUR   74.160
Credit Suisse AG/Lon10.500  5/25/2023   EUR   66.440
Landesbank Baden-Wue4.300   3/22/2024   EUR   73.640
Landesbank Baden-Wue5.600   3/22/2024   EUR   74.740
Vontobel Financial P11.000  3/24/2023   EUR   69.600
Vontobel Financial P8.750   3/24/2023   EUR   69.480
Bank Julius Baer & C15.400  3/8/2023    USD   53.800
Landesbank Baden-Wue6.000   3/24/2023   EUR   75.450
UBS AG/London       7.640   4/20/2026   SEK   65.030
Leonteq Securities A12.000  3/7/2023    CHF   70.670
DZ Bank AG Deutsche 4.800   3/20/2023   EUR   50.090
Leonteq Securities A17.000  3/7/2023    CHF   35.210
Landesbank Baden-Wue3.460   3/22/2024   EUR   75.230
UBS AG/London       4.000   8/3/2026    SEK   65.420
Vontobel Financial P22.500  6/23/2023   EUR   60.120
Vontobel Financial P15.000  9/22/2023   EUR   67.400
Landesbank Baden-Wue7.200   8/23/2024   EUR   48.280
Bank Vontobel AG    21.000  8/21/2023   EUR   72.300
Landesbank Baden-Wue9.200   8/23/2024   EUR   46.040
Landesbank Baden-Wue5.500   8/23/2024   EUR   52.420
Vontobel Financial P15.250  9/22/2023   EUR   74.260
Credit Suisse AG/Lon10.000  8/22/2023   CHF   56.270
Leonteq Securities A28.800  8/25/2023   CHF   72.130
Raiffeisen Switzerla16.800  8/29/2023   CHF   73.620
Zurcher Kantonalbank8.000   6/21/2023   CHF   54.790
UBS AG/London       6.800   6/15/2026   USD   64.060
VTB Bank PJSC       0.010   4/22/2026   RUB   72.000
Leonteq Securities A23.000  8/29/2023   CHF   46.210
Vontobel Financial P10.000  6/23/2023   EUR   70.660
Vontobel Financial P18.000  6/23/2023   EUR   67.250
Vontobel Financial P16.500  6/23/2023   EUR   62.750
Vontobel Financial P15.000  6/23/2023   EUR   69.870
Vontobel Financial P24.000  6/23/2023   EUR   53.290
Vontobel Financial P8.000   6/23/2023   EUR   72.290
Vontobel Financial P16.000  6/23/2023   EUR   60.370
Vontobel Financial P18.500  6/23/2023   EUR   58.360
Vontobel Financial P12.000  6/23/2023   EUR   65.580
Vontobel Financial P6.500   6/23/2023   EUR   76.420
Vontobel Financial P14.000  6/23/2023   EUR   62.810
Vontobel Financial P19.000  6/23/2023   EUR   68.800
Vontobel Financial P16.500  6/23/2023   EUR   71.570
Vontobel Financial P17.000  6/23/2023   EUR   68.420
Vontobel Financial P16.000  6/23/2023   EUR   69.420
Vontobel Financial P11.000  6/23/2023   EUR   76.420
Vontobel Financial P10.000  6/23/2023   EUR   77.970
Vontobel Financial P19.500  6/23/2023   EUR   59.650
Vontobel Financial P6.500   6/23/2023   EUR   75.970
Vontobel Financial P12.500  6/23/2023   EUR   65.150
Vontobel Financial P14.000  6/23/2023   EUR   63.470
Vontobel Financial P8.500   6/23/2023   EUR   71.050
Vontobel Financial P7.500   6/23/2023   EUR   73.430
Vontobel Financial P10.000  6/23/2023   EUR   68.970
Vontobel Financial P15.000  6/23/2023   EUR   70.780
Vontobel Financial P17.500  6/23/2023   EUR   60.790
Vontobel Financial P18.500  6/23/2023   EUR   60.310
DZ Bank AG Deutsche 4.750   9/18/2023   EUR   66.480
Vontobel Financial P16.500  6/23/2023   EUR   74.500
Vontobel Financial P13.500  6/23/2023   EUR   76.350
Vontobel Financial P16.000  6/23/2023   EUR   74.700
Vontobel Financial P14.500  6/23/2023   EUR   74.910
Vontobel Financial P14.500  6/23/2023   EUR   67.940
Vontobel Financial P18.000  6/23/2023   EUR   71.170
Vontobel Financial P15.500  6/23/2023   EUR   73.570
Vontobel Financial P17.000  6/23/2023   EUR   72.410
Vontobel Financial P19.500  6/23/2023   EUR   71.320
Vontobel Financial P17.000  6/23/2023   EUR   73.260
Vontobel Financial P20.500  6/23/2023   EUR   61.550
Vontobel Financial P19.000  6/23/2023   EUR   62.910
Vontobel Financial P16.000  6/23/2023   EUR   66.130
Vontobel Financial P17.500  6/23/2023   EUR   64.520
Vontobel Financial P13.000  6/23/2023   EUR   69.900
Vontobel Financial P9.500   6/23/2023   EUR   77.000
Vontobel Financial P12.000  6/23/2023   EUR   72.240
Vontobel Financial P10.500  6/23/2023   EUR   74.440
Leonteq Securities A15.500  6/13/2023   CHF   74.900
Swissquote Bank SA  15.200  6/13/2023   CHF   51.100
Swissquote Bank SA  25.000  6/13/2023   CHF   59.050
Banque Cantonale Vau6.850   6/7/2023    CHF   65.700
Leonteq Securities A21.000  6/13/2023   CHF   57.320
DZ Bank AG Deutsche 7.500   9/20/2023   EUR   64.170
DZ Bank AG Deutsche 10.500  6/21/2023   EUR   75.110
UniCredit Bank AG   11.000  3/24/2023   EUR   45.070
UniCredit Bank AG   9.900   3/24/2023   EUR   46.810
UniCredit Bank AG   14.600  3/24/2023   EUR   40.660
UniCredit Bank AG   13.300  3/24/2023   EUR   42.020
UniCredit Bank AG   8.100   3/24/2023   EUR   50.730
UniCredit Bank AG   8.900   3/24/2023   EUR   48.690
UniCredit Bank AG   12.100  3/24/2023   EUR   43.490
Bank Julius Baer & C9.750   6/14/2023   CHF   45.450
Raiffeisen Schweiz G15.000  6/14/2023   CHF   73.220
Raiffeisen Schweiz G14.500  6/14/2023   CHF   54.500
Sberbank of Russia P0.010   1/26/2027   RUB   68.900
UBS AG/London       6.000   8/9/2023    CHF   68.950
UBS AG/London       10.500  8/9/2023    CHF   71.300
UBS AG/London       9.250   8/9/2023    USD   61.650
Credit Suisse AG/Lon8.000   4/18/2023   CHF   31.140
UBS AG/London       9.000   8/9/2023    CHF   54.750
UBS AG/London       8.500   8/9/2023    CHF   73.800
Corner Banca SA     10.000  7/24/2023   USD   62.050
Raiffeisen Schweiz G7.100   1/24/2024   CHF   73.650
Leonteq Securities A9.000   4/21/2023   USD   49.630
Sberbank of Russia P0.010   1/15/2027   RUB   68.100
UBS AG/London       13.000  6/2/2023    CHF   67.150
Leonteq Securities A12.000  4/24/2023   USD   56.020
Leonteq Securities A15.000  4/21/2023   CHF   41.080
Leonteq Securities A14.000  4/21/2023   CHF   50.630



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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter-Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Marites O. Claro, Rousel Elaine T. Fernandez, Joy A. Agravante,
Julie Anne L. Toledo, Ivy B. Magdadaro, and Peter A. Chapman,
Editors.

Copyright 2023.  All rights reserved.  ISSN 1529-2754.

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

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

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


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