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       T R O U B L E D   C O M P A N Y   R E P O R T E R

                     A S I A   P A C I F I C

          Tuesday, December 29, 2020, Vol. 23, No. 260

                           Headlines



A U S T R A L I A

CORONADO GLOBAL: Moody's Completes Review, Retains B1 Rating
EMECO HOLDINGS: Moody's Completes Review, Retains B1 Rating
INTERNATIONAL ENTERTAINMENT: Goes Into Liquidation
METRO FINANCE 2020-2: Moody's Rates AUD7.80M Class E Notes 'Ba1'
PEPPER RESIDENTIAL 25: S&P Assigns B Rating on Cl. F Notes

REDZED TRUST 2017-1: S&P Affirms B(sf) Rating in Class F Notes
SMHL SECURITISATION 2020-1: S&P Assigns BB Rating on E Notes
VIRGIN AUSTRALIA: Egan-Jones Withdraws D Senior Unsecured Ratings


B A N G L A D E S H

[*] BANGLADESH: Cement Makers Plead for Loan Moratorium Extension


C A M B O D I A

ACLEDA BANK: S&P Affirms 'B+/B' ICRs, Outlook Stable


C H I N A

ANT GROUP: China Government Orders Firm to Revamp Business
CAR INC: Moody's Retains Caa1 Rating Amid Stake Sale
LUCKIN COFFEE: Scrambles for Survival After Fraud Scandal


I N D I A

BLUE BLEND: CARE Lowers Rating on INR9cr Debt to D
DEWAN HOUSING: Piramal Sweetens Offer to Top Rival
DIGICABLE NETWORK: Court Admits Insolvency Petition Against Firm
KUNDLI MANESAR: Ind-Ra Lowers Rating on INR13cr Loans to D
NIJAGUNA LAND: CRISIL Keeps D on INR9cr Credit in Not Cooperating

OMAR COLD: CRISIL Keeps B+ Debt Ratings in Not Cooperating
OSIA JEWELS: CRISIL Keeps D on INR20cr Loans in Not Cooperating
RM DAIRY: CARE Moves D Rating on INR42.4cr Loans in Not Cooperating
S.R. MILL: CRISIL Keeps B+ on INR6cr Loans in Not Cooperating
SANT FOODS: CRISIL Lowers Rating on INR20.4cr Loans to B

SATYAM ISPAT: CRISIL Keeps D Debt Ratings in Not Cooperating
SHRIRAM TRANSPORT: S&P Affirms 'BB-/B' ICRs, Outlook Stable
SRIKARA PACKAGING: CRISIL Keeps D Debt Ratings in Not Cooperating
SUNRISE FOAM: CRISIL Keeps B+ on INR8.2cr Loans in Not Cooperating
SURIEN PHARMACEUTICALS: CRISIL Cuts Rating on INR10cr Loan to B

SWASTIK COPPER: CRISIL Lowers Rating on INR36cr Bank Loan to D
THAMANIAN AGRO: CRISIL Lowers Rating on INR9.5cr Cash Loan to D
TIRUPATIBALAJI MILLS: CRISIL Keeps B+ Ratings in Not Cooperating
TRIPTI HI-TECH: CRISIL Keeps B on INR9cr Loans in Not Cooperating
UNION BANK OF INDIA: S&P Affirms 'BB+/B' ICRs, Outlook Stable

VENUS REMEDIES: CRISIL Withdraws D Rating on INR146.77cr Loan
VISHAAL PROMOTERS: CRISIL Keeps B- Ratings in Not Cooperating
VISHAL INFRAGLOBAL: CRISIL Keeps D Ratings in Not Cooperating
WONDERLAND AMUSEMENT: CRISIL Keeps B+ Rating in Not Cooperating
YASIKA STEELS: CRISIL Keeps D Debt Ratings in Not Cooperating

ZNA INFRA: CRISIL Keeps B+ on INR17cr Loans in Not Cooperating


J A P A N

TOKYU CORPORATION: Egan-Jones Cuts Senior Unsecured Ratings to BB+
UNITIKA LIMITED: Egan-Jones Cuts Sr. Unsecured Ratings to CCC


L A O S

LAOS: Moody's Completes Review, Retains Caa2 Rating


M O N G O L I A

MANDAL DAATGAL: A.M. Best Assigns B(Fair) Finc'l. Strength Rating


N E W   Z E A L A N D

DISCOVERIES EDUCARE: 11 Centres Placed Into Liquidation
PROVIDENT INSURANCE: A.M. Best Affirms B(Fair) Fin. Strength Rating


S I N G A P O R E

FIRST REIT: Proposes SGD158.2MM Rights Issue to Avoid Debt Default


X X X X X X X X

[*] BOND PRICING: For the Week Dec. 21, 2020 to Dec. 25, 2020

                           - - - - -


=================
A U S T R A L I A
=================

CORONADO GLOBAL: Moody's Completes Review, Retains B1 Rating
------------------------------------------------------------
Moody's Investors Service has completed a periodic review of the
ratings of Coronado Global Resources Inc. and other ratings that
are associated with the same analytical unit. The review was
conducted through a portfolio review in which Moody's reassessed
the appropriateness of the ratings in the context of the relevant
principal methodology, recent developments, and a comparison of the
financial and operating profile to similarly rated peers. The
review did not involve a rating committee. Since January 1, 2019,
Moody's practice has been to issue a press release following each
periodic review to announce its completion.

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

KEY RATING CONSIDERATIONS

Coronado Global Resources Inc's B1 credit profile reflects its
position as a low-cost producer of high-quality metallurgical coal
with operations in Australia and the US.

The company's credit profile is constrained by its moderately
concentrated asset base with earnings reliance on two operations;
volatility in earnings linked to the coal cycle; significant
customer concentration; and high royalty arrangements which makes
the company more challenged at lower price levels when compared to
its peers.

The principal methodology used for this review was Mining published
in September 2018.


EMECO HOLDINGS: Moody's Completes Review, Retains B1 Rating
-----------------------------------------------------------
Moody's Investors Service has completed a periodic review of the
ratings of Emeco Holdings Limited and other ratings that are
associated with the same analytical unit. The review was conducted
through a portfolio review in which Moody's reassessed the
appropriateness of the ratings in the context of the relevant
principal methodology, recent developments, and a comparison of the
financial and operating profile to similarly rated peers. The
review did not involve a rating committee. Since January 1, 2019,
Moody's practice has been to issue a press release following each
periodic review to announce its completion.

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

KEY RATING CONSIDERATIONS

Emeco Holdings Limited's B1 credit profile reflects its improved
operating and financial profiles; enhanced earnings, geographical
and commodity diversification and flexibility in managing cash flow
and capital expenditure in weak utilization periods.

The company's credit profile is constrained by its exposure to the
inherent cyclicality of the minerals industry.

The principal methodology used for this review was Equipment and
Transportation Rental Industry published in April 2017.


INTERNATIONAL ENTERTAINMENT: Goes Into Liquidation
--------------------------------------------------
Brett Murray at Speedcafe.com reports that a company of former
Supercars Chairman Tony Cochrane has been put into liquidation.

International Entertainment Consulting Pty Ltd (IEC) was
established by Mr. Cochrane and his wife Thea Jeanes-Cochrane after
he ended his role as Supercars head in 2012, the report says.

It is believed that several identities from Australian motorsport
were investors or had a connection to the company which had a
receiver appointed by one of the company's secured lenders earlier
this month, according to Speedcafe.com.

Concert promoter and owner of Ticketek, TEG Live, is believed to
have had a substantial stake in the business, the report notes.

Said Jahani and Philip Campbell-Wilson from Grant Thornton have
been appointed to handle the liquidation, Speedcafe.com discloses.

According to Speedcafe.com, IEC's biggest claim to fame was
developing The Rolling Stones exhibition in London before touring
several cities of the world, including Sydney.  The exhibit
included more than 500 objects and artefacts hand-picked from the
band's warehouse.  The exhibit, which included about 500 objects
from the archives of Mick and boys, opened in London in 2016 and
then toured about a dozen cities around the world, including Sydney
two years ago.

Mr. Cochrane has been in the show business industry in the 1970s
and worked with some of the biggest names in the business including
The Rolling Stones and Frank Sinatra, who he famously got to open
Sanctuary Cove resort in 1988.

He worked with IMG in the 1990s and was one of the creators of
Sports and Entertainment Limited, which was a driving force behind
the development and promotion of V8 Supercars, Speedcafe.com
relates.

Mr. Cochrane is the current Chairman of the Gold Coast Suns in the
AFL and Jeanes-Cochrane is a board member of Motorsport Australia.

While IEC is in the hands of the liquidators, Mr. Cochrane still
controls Cochrane Entertainment, which recently handled the pregame
and half-time shows for the AFL Grand Final at the Gabba.

The IEC website seems to have been shut down, Speedcafe.com notes.


METRO FINANCE 2020-2: Moody's Rates AUD7.80M Class E Notes 'Ba1'
----------------------------------------------------------------
Moody's Investors Service has assigned definitive ratings to notes
issued by Perpetual Corporate Trust Limited, as trustee of Metro
Finance 2020-2 Trust.

Issuer: Metro Finance 2020-2 Trust

AUD250.20 million Class A Notes, Assigned Aaa (sf)

AUD21.00 million Class B Notes, Assigned Aa2 (sf)

AUD7.50 million Class C Notes, Assigned A1 (sf)

AUD5.40 million Class D Notes, Assigned Baa1 (sf)

AUD7.80 million Class E Notes, Assigned Ba1 (sf)

The AUD4.35 million Class F Notes and the AUD3.75 million Class G
Notes are not rated by Moody's.

The transaction is a cash securitisation of a portfolio of
Australian prime commercial auto and equipment loans and leases
originated by Metro Finance Pty Limited. This is Metro Finance's
second auto and equipment asset backed securities transaction for
2020.

Metro Finance was established in 2011 as a commercial
auto/equipment lender. It targets prime borrowers, for small-ticket
auto and equipment assets in low volatility industries. Metro
Finance originates its lending through the commercial auto and
equipment broker and aggregator industry nationally. Significant
origination growth began in 2014.

RATINGS RATIONALE

The definitive ratings take into account, among other factors:

The limited amount of historical loss data. The static loss data
used for Moody's extrapolation analysis, which reflects Metro
Finance's short origination history, was limited to the origination
vintages between Q3 2014 and Q3 2018.

The evaluation of the underlying receivables and their expected
performance;

The fact that 69.3% of the receivables were extended to prime
commercial obligors on a no-income verification basis, referred to
as "streamlined". This streamlined product allows obligors who meet
certain stringent requirements to access the loan without providing
financial statements. See below for further information on Metro
Finance's Streamlined product;

The 45.15% exposure to loans with a balloon payment at the end of
the receivable term. The aggregate balloon exposure as a percentage
of current portfolio balance is 14.53%. Loans with a balloon
payment are subject to higher refinancing and, consequently,
default risk;

The evaluation of the capital structure;

The availability of excess spread over the life of the
transaction;

The liquidity facility in the amount of 3.00% of the note balance
subject to a floor of AUD1,000,000;

The interest rate swap provided by National Australia Bank Limited
(Aa3/P-1/Aa2(cr)/P-1(cr)). The notional balance of the swap will
follow a schedule based on the amortisation of the portfolio,
assuming no prepayments. Any prepayments or defaults will result in
the transaction becoming over-hedged. The prepayment risk is
mitigated by the fact that break costs are charged to the obligors
and these funds will flow through to the trust as collections; and

Initially, the Class A, Class B, Class C, Class D, and Class E
Notes benefit from 16.60%, 9.60%, 7.10%, 5.30% and 2.70% of note
subordination, respectively. The notes will initially be repaid on
a sequential basis until the credit enhancement of the Class A
Notes is at least 30%.

The notes will also be repaid on a sequential basis if there are
any unreimbursed charge-offs on the notes or if the first call
option date has occurred. At all other times, the structure will
follow a pro-rata repayment profile (assuming pro-rata conditions
are satisfied).

MAIN MODEL ASSUMPTIONS

Moody's base case assumptions are a default rate of 2.75%, a
recovery rate of 35.0% and a portfolio credit enhancement of
18.00%. After accounting for the seasoning of the initial portfolio
(5.4 months), Moody's mean default rate assumption was adjusted to
3.00%. Moody's assumed default rate and recovery rate are stressed
compared to the historical levels of 1.39% and 67.07%
respectively.

The difference between the historical and assumed default rate and
recovery rate is in part explained by the additional stresses
assumed by Moody's to address the lack of a full economic cycle in
the historical data, and by exposure to balloon loans in the
portfolio.

To address the limited historical loss data on Metro Finance's
portfolio, Moody's have benchmarked the short historical data for
Metro Finance to data from comparable Australian commercial auto
and equipment ABS originators. Moody's have also overlaid
additional stresses into our default and PCE assumptions.

The streamlined product offering has been originated for almost
twelve years in the Australian auto and equipment loan space.
However, through-the-cycle historical data on the performance of
this product is limited. To address this risk and the fact that the
portfolio has a very high proportion of streamlined (69.3%),
Moody's have applied further qualitative stresses in our analysis.

Risks arising from the lack of income verification for these
borrowers are partly mitigated by the stringent requirements to
access this product. These requirements include property ownership
with confirmed equity greater than the loan amount or a 30% deposit
for non-property owners (Since April 2020, applicants are required
to be asset backed only. No-income-verification loans for
non-property owners has been paused), a satisfactory credit
reference from a reputable finance company running at least 12
months, no adverse credit history, and the business being
registered for the goods-and-services tax for at least 2 years
continuously.

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

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

Methodology Underlying the Rating Action

The principal methodology used in these ratings was "Moody's Global
Approach to Rating Auto Loan- and Lease-Backed ABS" published in
July 2020.

Factors That Would Lead to an Upgrade or Downgrade of the Ratings

Factors that could lead to an upgrade of the notes include a rapid
build-up of credit enhancement, due to sequential amortization or
better-than-expected collateral performance. The Australian job
market is a primary driver of performance.

A factor that could lead to a downgrade of the notes is
worse-than-expected collateral performance. Other reasons that
could lead to a downgrade include poor servicing, error on the part
of transaction parties, a deterioration in the credit quality of
transaction counterparties, or lack of transactional governance and
fraud.

PEPPER RESIDENTIAL 25: S&P Assigns B Rating on Cl. F Notes
----------------------------------------------------------
S&P Global Ratings affirmed its ratings on 29 classes of
nonconforming RMBS notes issued by Permanent Custodians Ltd. as
trustee for four Pepper Residential Securities Trust transactions.
The four are Pepper Residential Securities Trust No.19 (PRS19),
Pepper Residential Securities Trust No.23 (PRS23), Pepper
Residential Securities Trust No.24 (PRS24), and Pepper Residential
Securities Trust No.25 (PRS25).

The rating affirmations reflect:

-- S&P's view of the credit quality of the underlying collateral
portfolios, which have been amortizing in line with its
expectations. Each transaction has built up additional credit
support to each class of rated notes due to the sequential
repayment of the structure at present, which offsets the increase
to credit support from the higher arrears position of the pool.

-- The strength of the cash flows at each respective rating level
that are underpinned by the various structural mechanisms in the
transaction.

-- S&P said, "That we have factored into our analysis the arrears
performance of these transactions. For the PRS19 transaction, the
arrears performance generally has been higher relative to the
Standard & Poor's Performance Index (SPIN) for nonconforming loans
in the past 12 months; however, for the PRS23, PRS24, and PRS25
transactions, the arrears performance generally has been lower
relative to the SPIN. We could see this increase due to the
economic effects of COVID-19 and as various support measures roll
off in 2021."

-- That as of Oct. 31, 2020, borrowers with COVID-19-related
hardship arrangements make up 5.7% of PRS19, 4.2% of PRS23, 4.2% of
PRS24, and 4.3% of PRS25.

-- The various structural mechanisms that support the
transactions, including a yield-enhancement reserve available to
support senior expenses and interest shortfalls on the senior
notes, and the retention mechanism where excess spread is trapped
in a retention reserve and will be paid as a principal payment to
the most subordinated notes at that time, excluding the unrated
class G notes. These mechanisms increase the ratio of assets versus
liabilities creating overcollateralization for the transaction
where losses are allocated initially before being allocated to the
rated notes.

-- That as of Oct. 31, 2020, 4.2% of PRS19 is more than 30 days in
arrears, of which 2.2% is more than 90 days in arrears. For PRS23,
2.3% is more than 30 days in arrears, of which 1.6% is more than 90
days in arrears. For PRS24, 2.5% is more than 30 days in arrears,
of which 1.5% is more than 90 days in arrears. For PRS25, 2.2% is
more than 30 days in arrears, of which 1.09% is more than 90 days
in arrears. However, losses to date have been minimal and all have
been covered by excess spread. There have been no charge-offs to
any of the notes.

-- That loss of income for borrowers in the coming months because
of COVID-19 will likely put upward pressure on mortgage arrears.
S&P has recently updated its outlook assumptions for Australian
RMBS in response to changing macroeconomic conditions as a result
of the COVID-19 outbreak, which increased credit support. Each
transaction has sufficient resources to cover the increased
potential losses resulting from this increase in credit support.

-- That the turbo repayment of the most subordinated note in each
transaction has created overcollateralization, which provides
additional credit support for the rated tranches. S&P's expectation
that the various mechanisms to support liquidity within each
transaction will remain available for the rated notes to support
the timely payment of interest, including liquidity facilities,
yield reserves, and principal draws.

S&P Global Ratings believes there remains a high degree of
uncertainty about the evolution of the coronavirus pandemic. While
the early approval of a number of vaccines is a positive
development, countries' approval of vaccines is merely the first
step toward a return to social and economic normality; equally
critical is the widespread availability of effective immunization,
which could come by mid-2021. S&P said, "We use this assumption in
assessing the economic and credit implications associated with the
pandemic. As the situation evolves, we will update our assumptions
and estimates accordingly."

  RATINGS AFFIRMED

  Pepper Residential Securities Trust No.19

  Class      Rating
  AR-u       AAA (sf)
  A2         AAA (sf)
  B          NR
  C          NR
  D          NR
  E          NR
  F          NR
  G          NR

  NR--Not rated.

  Pepper Residential Securities Trust No.23

  Class      Rating
  A1-a       AAA (sf)
  A1-GE      AAA (sf)
  A1-u       AAA (sf)
  A2         AAA (sf)
  B          AA (sf)
  C          A (sf)
  D          BBB (sf)
  E          BB (sf)
  F          B (sf)
  G          NR

  NR--Not rated.

  Pepper Residential Securities Trust No.24

  Class      Rating
  A-a        AAA (sf)
  A1-GE      AAA (sf)
  A1-u       AAA (sf)
  A2         AAA (sf)
  B          AA (sf)
  C          A (sf)
  D          BBB (sf)
  E          BB (sf)
  F          B (sf)
  G          NR

  NR--Not rated.

  Pepper Residential Securities Trust No.25

  Class      Rating
  A1-a        AAA (sf)
  A1-GE       AAA (sf)
  A1-u        AAA (sf)
  A2          AAA (sf)
  B           AA (sf)
  C           A (sf)
  D           BBB (sf)
  E           BB (sf)
  F           B (sf)
  G           NR

  NR--Not rated.


REDZED TRUST 2017-1: S&P Affirms B(sf) Rating in Class F Notes
--------------------------------------------------------------
S&P Global Ratings affirmed its ratings on seven classes of RMBS
notes issued by Perpetual Trustee Co. Ltd. as trustee for RedZed
Trust Series 2017-1.

The rating affirmations reflect:

-- S&P's view of the credit quality of the underlying collateral
portfolio, which has been amortizing in line with its expectations.
The current loan-to-value ratio for the pool has decreased as
principal has repaid. In addition, the seasoning of the portfolio
has increased to just over 55 months.

-- The arrears performance of the transaction, which generally has
been higher relative to the Standard & Poor's Performance Index
(SPIN) for nonconforming loans in the past 12 months. More
recently, however, it's been lower relative to the SPIN. As of Oct.
31, 2020, 3.49% of the trust is more than 30 days in arrears, of
which 1.9% is more than 90 days in arrears. However, all losses to
date have been covered by excess spread and there have been no
charge-offs to any of the notes.

-- That the transaction has built up significant levels of credit
support to each class of rated notes.

-- That loss of income for borrowers in the coming months because
of COVID-19 will likely put upward pressure on mortgage arrears. As
of Oct. 31, 2020, borrowers with COVID-19-related hardship
arrangements make up 4.1% of the portfolio. S&P has recently
updated its outlook assumptions for Australian RMBS in response to
changing macroeconomic conditions as a result of the COVID-19
outbreak, which increased credit support. Each transaction has
sufficient resources to cover the increased potential losses
resulting from this increase in credit support.

-- That the turbo repayment of the most senior note in the
transaction has created overcollateralization, which provides
additional credit support for the rated notes.

-- S&P's expectation that the various mechanisms to support
liquidity within the transaction will remain available for the
rated notes to support the timely payment of interest, including a
liquidity facility and principal draws.

S&P Global Ratings believes there remains a high degree of
uncertainty about the evolution of the coronavirus pandemic. While
the early approval of a number of vaccines is a positive
development, countries' approval of vaccines is merely the first
step toward a return to social and economic normality; equally
critical is the widespread availability of effective immunization,
which could come by mid-2021. S&P said, "We use this assumption in
assessing the economic and credit implications associated with the
pandemic. As the situation evolves, we will update our assumptions
and estimates accordingly."

  RATINGS AFFIRMED

  RedZed Trust Series 2017-1

  Class      Rating
  A1         AAA (sf)
  A2         AAA (sf)
  B          AAA (sf)
  C          AA (sf)
  D          BBB (sf)  
  E          BB (sf)
  F          B (sf)
  G          NR

  NR--Not rated.


SMHL SECURITISATION 2020-1: S&P Assigns BB Rating on E Notes
------------------------------------------------------------
S&P Global Ratings assigned its ratings to six of the seven classes
of prime residential mortgage-backed securities (RMBS) issued by
Perpetual Corporate Trust Ltd. as trustee for SMHL Securitisation
Trust 2020-1. SMHL Securitisation Trust 2020-1 is a securitization
of prime residential mortgages originated by Members Equity Bank
Ltd.

The ratings reflect:

-- S&P's view of the credit risk of the underlying collateral
portfolio, including our view of the credit support, which is
sufficient to withstand the stresses it applies. Credit support for
the rated notes comprises note subordination, excess spread and
lenders' mortgage insurance on 15.4% of the portfolio.

-- S&P's expectation that the various mechanisms to support
liquidity within the transaction, including a liquidity facility
equal to 1.0% of the outstanding performing mortgage balance, the
principal draw function, and a spread reserve that builds from
available excess spread, after the call-option date, are sufficient
to ensure timely payment of interest.

-- The fixed- to floating-rate interest-rate swaps on existing
fixed-rate loans provided by Australia and New Zealand Banking
Group Ltd. and by National Australia Bank Ltd. to hedge the
mismatch between the fixed-rate receipts on the existing fixed-rate
loans and the floating-rate interest payable on the notes. A
fixed-rate end date in Dec. 2025, in the transaction structure
means all fixed-rate loans in the trust must convert to floating
rate by the fixed-rate end date.

Loss of income for borrowers because of COVID-19 might put upward
pressure on mortgage arrears over the longer term. S&P said, "We
updated our outlook assumptions for Australian RMBS in response to
changing macroeconomic conditions as a result of the COVID-19
outbreak. The collateral pool as of Sept 30, 2020, does not include
any loans under COVID-19 hardship payment arrangement.
Nevertheless, we undertook additional cash-flow sensitivity
analysis to assess the rated notes' sensitivity to delays in
borrower payments should some borrowers enter hardship arrangements
following the closing date."

S&P Global Ratings believes there remains a high degree of
uncertainty about the evolution of the coronavirus pandemic.
Reports that at least one experimental vaccine is highly effective
and might gain initial approval by the end of the year are
promising, but this is merely the first step toward a return to
social and economic normality; equally critical is the widespread
availability of effective immunization, which could come by the
middle of next year. S&P said, "We use this assumption in assessing
the economic and credit implications associated with the pandemic.
As the situation evolves, we will update our assumptions and
estimates accordingly."

  RATINGS ASSIGNED

  SMHL Securitisation Trust 2020-1

  Class      Rating         Amount (mil. A$)
  A          AAA (sf)       920.00
  AB         AAA (sf)        35.50
  B          AA (sf)         17.00
  C          A (sf)          12.50
  D          BBB (sf)         7.00
  E          BB (sf)          3.50
  F          NR               4.50

  NR--Not rated.


VIRGIN AUSTRALIA: Egan-Jones Withdraws D Senior Unsecured Ratings
-----------------------------------------------------------------
Egan-Jones Ratings Company, on December 17, 2020, withdrew its 'D'
foreign currency and local currency senior unsecured ratings on
debt issued by Virgin Australia Holdings Limited.

Headquartered in Bowen Hills, Australia, Virgin Australia Holdings
Limited is an Australian-based full service airline providing
domestic and international operations.





===================
B A N G L A D E S H
===================

[*] BANGLADESH: Cement Makers Plead for Loan Moratorium Extension
-----------------------------------------------------------------
Dhaka Tribune reports that cement manufacturers have requested the
Bangladesh Bank (BB) to extend the ongoing moratorium period on the
payment of loan instalments by another six months as a cushion to
fight the economic fallout of the pandemic.

"Global economies are passing through recession due to the
unprecedented impacts of the pandemic and Bangladesh's economy is
also hit hard. But we do not know when it will be over," said the
letter signed by Md Alamgir Kabir, president of the Bangladesh
Cement Manufacturers Association (BCMA), Dhaka Tribune relays.

The BB had previously introduced a loan moratorium facility for
borrowers to save them from becoming defaulters due to non-payment
of instalments, recalls Dhaka Tribune.

Dhaka Tribune says the ongoing moratorium facility, which is set to
expire on December 31, helped the sector to turn around.

"The sector is trying to bounce back but the facility will expire
later this year. In the given context and considering the present
status of the economy and trade, we are urging for an extension of
the facility until June 2021."

If extended, the industry, as well as the economy, could strongly
recover from the pandemic's fallout, said the letter dated December
22, according to Dhaka Tribune.

Dhaka Tribune meanwhile reports that the cement manufacturers
claimed that the non-bank financial institutions are charging 13 to
15 per cent interest on lending, which increased their cost of
doing business.

"The high-interest rate is leaving the entrepreneurs at risk and
hindering economic growth. Unless the interest rate is reduced, we
would not remain competitive in business."

Subsequently, they called for the implementation of a 9 per cent
lending rate for the NBFIs too, Dhaka Tribune relates.

Dhaka Tribune says the country's cement sector is going through a
tough time as the pandemic had a negative impact on the consumption
of construction materials.

Citing data compiled by industry, Dhaka Tribune discloses that the
sector witnessed a degrowth of 13 per cent between January and
May.

With the view to slowing the spread of coronavirus, the government
put the country on a two-and-a-half-month-long general shutdown,
bringing all economic activities to a screeching halt. And with it,
construction activities went on the slow lane, the report says.

Dhaka Tribune relates that the countrywide shutdown was lifted on
May 30 and the economy slowly started opening up from July.  But
the cement sector's fortune did not turn around immediately. It
recovered to some extent but it did not return to normal.

Dhaka Tribune says the slump in cement sales in Bangladesh is in
line with its South Asian neighbours, where the sector is expected
to witness a 10 per cent negative growth in 2020, as per the
International Finance Corporation.

The global cement demand is expected to shrink 3 per cent
year-on-year when China is included and 6.4 per cent when excluding
China, the study found, the report notes.




===============
C A M B O D I A
===============

ACLEDA BANK: S&P Affirms 'B+/B' ICRs, Outlook Stable
----------------------------------------------------
S&P Global Ratings affirmed its 'B+' long-term and 'B' short-term
issuer credit ratings on Cambodia-based ACLEDA Bank Plc. The
outlook on the long-term rating is stable.

S&P said, "We affirmed the ratings because we expect ACLEDA to
maintain its improved capitalization, strong market position, sound
earnings, and above-average funding profile in Cambodia over the
next 12 months.

"We assess the risks of economic imbalances in Cambodia's banking
system to be high, stemming from rapid credit expansion and high
property prices. But the direct negative impact on ACLEDA's
financial profile is likely to be limited, given the bank's
relatively low exposure to construction and real estate
activities.

"ACLEDA will benefit from its capital accretion over the past few
years, which is a result of its sound capital generation (internal
and external) and consistently lower loan growth than the system's.
This has led to an improvement in our risk-adjusted capital (RAC)
ratio calculation for the bank to about 8.6% as at Sept. 30, 2020,
from 8.2% as at Dec. 31, 2019. We forecast ACLEDA's loan growth
will remain well below similar-sized peers' but earnings should
remain sound, leading to the bank maintaining a RAC ratio of
8.0%-8.5% over the next 18 months. We revised our assessment of the
stand-alone credit profile (SACP) of ACLEDA to 'bb' from 'bb-' to
reflect the improved capitalization.

"We believe ACLEDA's modest loan growth has ensured there are
limited latent risks in the portfolio, and the data so far has
indicated a limited amount of restructured loans associated with
COVID-19. In our view, low levels of restructured loans relative to
the system reduce the risk of further asset quality deterioration
over the next 12 months. That said, asset quality across Cambodia's
high-risk banking system remains dependent on the economic recovery
over the next 12 months, particularly in regard to tourism and
foreign investment.

"The ratings on ACLEDA remain subject to Cambodia's economy, which
is still undeveloped. That's because the bank primarily operates in
that country and we do not expect it to be able to withstand the
stress that could undermine the wider economy, including the
sovereign.

"The stable outlook reflects our expectation that ACLEDA will
maintain its financial profile over the next 12 months, with
sufficient buffers to absorb the economic impact from COVID-19. The
bank's large retail deposit base and links to government employee
payrolls should add to its financial stability over the period of
the pandemic."

S&P would upgrade ACLEDA if macroeconomic conditions in Cambodia
improve.

S&P views a downgrade as unlikely.




=========
C H I N A
=========

ANT GROUP: China Government Orders Firm to Revamp Business
----------------------------------------------------------
The New York Times reports that Chinese regulators on Dec. 27
ordered the financial-technology giant Ant Group to fix what they
described as a litany of business failings, escalating a pressure
campaign that has been building since the government abruptly
halted the company's plans for a record-breaking share listing last
month.

According to the New York Times, the Chinese government has begun
taking a harder line toward big internet companies, which have come
to wield vast influence over segments of the economy much like
Facebook, Google and other tech giants have done elsewhere. The
report says China's market regulator recently opened an
antimonopoly investigation into Ant's sister company, the
e-commerce behemoth Alibaba; Alibaba is the other pillar of the
business empire built by Jack Ma, China's richest man and
best-known tycoon.

Ant's Alipay platform began as a payment service for Alibaba's
online shopping sites, but it has since grown to help its 730
million monthly users take out small loans, invest their savings
and buy insurance, the report notes. Alipay's growth had put Ant on
course to hold the world's largest initial public offering. It also
prompted the authorities to look at whether Ant was benefiting
improperly from facing less oversight than traditional financial
institutions.

Officials from four financial watchdogs, including the central
bank, met with Ant on Dec. 26, the agencies said, the report
relays. On Dec. 27, a deputy governor at the central bank, Pan
Gongsheng, described what had been discussed in the form of a
written question-and-answer session that made clear the regulators'
intense displeasure with the company.

According to the New York Times, Mr. Pan listed off what he said
were Ant's main problems. Its corporate governance was "not sound,"
he said. It was "indifferent" to the law, "looked down" upon
compliance requirements and engaged in "regulatory arbitrage." It
took advantage of its dominance, Mr. Pan said, to exclude rivals.
And it harmed consumers' interests.

The regulators have ordered Ant to "return to its payment origins,"
Mr. Pan said, and to "strictly rectify illegal credit, insurance
and wealth management financial activities," the New York Times
relays.  Such demands could portend that the agencies will ask Ant
to spin off those business lines, which have been increasingly
important to its revenue.

The New York Times relates that Mr. Pan also said the regulators
had ordered Ant to reorganize itself to ensure that it met capital
requirements. Keeping more money on its books to back its lending
activities could crimp Ant's bottom line.

Regulators in China have played give-and-take with Ant for years,
the report says. When the company created a money-market fund
within Alipay that paid higher rates than bank deposits, the
government forced the fund to shed risk and lower returns. After
Ant began managing huge amounts of money in Alipay virtual wallets,
the central bank made it park those funds in special accounts where
they would earn minimal interest.

In a statement, Ant said it would put together a plan for complying
with the new requirements, the New York Times reports.

"We appreciate financial regulators' guidance and help," the
statement said. "The rectification is an opportunity for Ant Group
to strengthen the foundation for our business to grow with full
compliance."

Ant Group Co., Ltd. develops online payment platforms. The Company
produces credit system and financial services platforms which
provide consumers and small businesses with safe and convenient
inclusive financial services globally. Ant Group provides its
services worldwide.


CAR INC: Moody's Retains Caa1 Rating Amid Stake Sale
----------------------------------------------------
Moody's Investors Service says that UCAR Inc.'s completion of the
sale of its stake in CAR Inc. (Caa1 negative) is credit positive,
reducing concerns over CAR's refinancing and governance risks.

On December 15, CAR announced that UCAR had completed the sale of
its stake in CAR to Indigo Glamour Company Limited, resulting in
Indigo Glamour holding about 20.9% of the total issued share
capital of CAR.

Indigo Glamour is a subsidiary of MBK Partners Fund IV, a private
investment fund managed by MBK Partners.

This shareholder change could improve CAR's liquidity, as the
company's proposed issuance of USD175 million convertible bond to
Mcqueen SS Ltd., disclosed in an announcement dated December 3, is
contingent inter alia on the completion of UCAR's stake sale.

Mcqueen SS, is a subsidiary of MBK Partners Special Situations I, a
private investment fund also managed by MBK Partners.

In addition, UCAR had pledged its CAR shares as collateral for some
of its borrowing as of 30 June 2019, creating the risk of a change
of control that would have accelerated CAR's debt repayments and
impacted its operations. UCAR's completion of the sale of its stake
in CAR removes such risk.

However, these two events have no immediate impact on CAR's ratings
due to its weak liquidity profile even after factoring in proceeds
from the proposed convertible bond issuance. In addition, the
company faces a challenging operating environment in its car rental
business.

As of June 30, 2020, CAR's cash balance of RMB927 million --
including restricted cash of RMB9 million -- was not sufficient to
cover its short-term debt of RMB5.2 billion, which included a
USD300 million bond due February 2021 and RMB750 million of bonds
due April 2021.

In an announcement dated November 13, Indigo Glamour indicates
that, subject to pre-conditions, it proposes a voluntary general
offer for CAR's shares with the intention of holding more than 50%
of CAR's voting rights. If completed, the increased stake could
strengthen CAR's funding access and liquidity position as Indigo
Glamour is managed by MBK Partners.

The proposed convertible bond issuance and proposed pre-conditional
voluntary general offer are subject to a number of conditions and
factors, such as regulatory approvals.

CAR's Caa1 rating factors in its weak liquidity profile and the
challenging operating environment. These risks largely offset CAR's
leading position in China's car rental market, its moderate debt
leverage and its financial flexibility in reducing its fleet to
generate liquidity.

The negative outlook on the ratings reflects the company's high
refinancing risk.

Moody's could change the outlook to stable if there is material
improvement in CAR's liquidity, access to funding and business
operations.

On the other hand, Moody's could downgrade the ratings if CAR fails
to meet its financial obligations.

Moody's will continue to monitor CAR's ability to meet its upcoming
debt maturities, the progress of its proposed convertible bond
issuance, and Indigo Glamour's proposed pre-conditional voluntary
general offer.

The principal methodology used in these ratings was Equipment and
Transportation Rental Industry published in April 2017.


LUCKIN COFFEE: Scrambles for Survival After Fraud Scandal
---------------------------------------------------------
Shen Xinyue and Han Wei at Caixin Global report that a recent court
document offered a glimpse of the latest financial details of
China's embattled coffee chain operator Luckin Coffee Inc., which
is scrambling to pay hefty penalties and debts after shocking the
market with a $300 million accounting fraud.

Caixin relates that Luckin, which was delisted from the Nasdaq in
June, closed 1,021 stores in China while opening 412 new ones from
January to November this year.  The company booked CNY2.67 billion
(US$409 million) in revenue in the first three quarters, Caixin
discloses citing a document submitted by the company's liquidators
to a court in the Cayman Islands, where the company is registered.

The store closures are part of Luckin's efforts to restructure its
business to bounce back from a fraud scandal that has led to its
U.S. stock delisting and massive lawsuits, the liquidators said in
the report to the court, adds Caixin.

                        About Luckin Coffee

Based in China, Luckin Coffee Inc., provided non-alcoholic
beverages. The Company offered various types of coffee.  

In July 2020, Luckin Coffee has called in liquidators to oversee a
corporate restructuring and negotiate with creditors to salvage its
business, less than four months after shocking the market with a
US$300 million accounting fraud, South China Morning Post said.

The start-up company named Alexander Lawson of Alvarez & Marsal
Cayman Islands and Tiffany Wong Wing Sze of Alvarez & Marsal Asia
to act as "light-touch" joint provisional liquidators (JPLs) under
a Cayman Islands court order, it said in a regulatory filing in New
York. The move was in response to a winding-up petition by an
undisclosed creditor, it added.

The appointments will create a stable platform to allow the company
and its advisers to negotiate and restructure its financial
obligations, the Xiamen, Fujian-based coffee chain said in the
filing. It hired Houlihan Lokey as financial advisers to implement
a workout with creditors, SCMP disclosed.




=========
I N D I A
=========

BLUE BLEND: CARE Lowers Rating on INR9cr Debt to D
--------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of Blue
Blend (India) Ltd. (BBIL), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Non-Convertible      9.00       CARE D (RPS); ISSUER NOT
   Redeemable                      COOPERATING Rating continues
   Preference Share                to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE C (RPS)

Detailed Rationale & Key Rating Drivers

CARE had, vide its press release dated June 19, 2018, placed the
rating of BBIL under the 'Issuer noncooperating' category as BBIL
had failed to provide information for monitoring as agreed in its
Rating Agreement. BBIL continues to be non-cooperative despite
repeated requests for submission of information through e-mails
dated December 3, 2020, December 4, 2020, December 7, 2020 and
December 8, 2020. In line with the extant SEBI guidelines, CARE has
reviewed the rating on the basis of the best available information
which however, in CARE's opinion is not sufficient to arrive at a
fair rating.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.

The rating assigned to BBIL factors in non-payment of dividend on
preference shares rated by CARE. The rated instrument is dividend
bearing in nature with dividend rate of 1% p.a.

Detailed description of the key rating drivers

Key Rating Weaknesses

* Non-payment of dividend on preference shares: Due to accumulated
losses of past several years, BBIL did not declare any dividend on
equity shares. Preference shares rated by CARE are non-cumulative,
non-convertible and bearing dividend rate of 1% p.a. The company
has not paid dividend on this instrument due to poor liquidity
position.

Incorporated in 1981 as a private limited company, Blue Blends
(India) Ltd (BBIL) is engaged in the manufacturing of denim
fabrics. BBIL was later reconstituted as public limited company in
1983 and is listed on the Bombay Stock Exchange (BSE). The company
is promoted and managed by the Arya family, led by Mr. Anand Arya,
who has over three decades of experience in the textile industry.
The manufacturing facility is located at Ahmedabad, with an
installed capacity of 18 million metric tonnes/annum. BBIL sells
its product through its wide network of dealers and distributors
all over India.


DEWAN HOUSING: Piramal Sweetens Offer to Top Rival
--------------------------------------------------
Livemint.com reports that the flurry of bids and counterbids for
Dewan Housing Finance Corp. Ltd (DHFL) continued with Piramal
Capital and Housing Finance Ltd sweetening its offer to top rival
Oaktree Capital's bid, two people directly aware of the development
said.

According to Livemint.com, Piramal raised its total offer for DHFL
to INR38,250 crore on December 24, improving on Oaktree's
commitment of INR36,400 crore, and emerging as the top bidder based
on evaluation metrics set by the investment banker and the
committee of creditors (CoC) to the bankrupt lender, the people
said on condition of anonymity.

Livemint.com says the two groups are engaged in an intense bidding
war to take control of DHFL, which has seen its asset quality
improve as India lifted lockdown curbs.

Until the fourth round, Oaktree's bid was the highest among the two
bidders with Piramal's offer at INR32,250 crore, the report notes.
"Late on Friday [Dec. 25], as per the evaluation metrics based on a
formula stipulated under the Insolvency and Bankruptcy Code, the
CoC found Piramal Group's total score to be 91 points on a scale of
100, while Oaktree scored 85 points," Livemint.com quotes one of
the two people cited above as saying.

According to the final evaluation parameters, Piramal and Oaktree
scored the maximum 15 points on qualitative parameters. But, on the
quantitative metric, Piramal scored 76 and Oaktree 70, the person
said.

"This is because of two factors—one, Piramal's upfront payment to
creditors and the equity infusion offer into DHFL are much higher
than Oaktree. Second is Piramal's offer for an outright buyout of
the insurance business, which will immediately go to creditors.
This commitment has an element of certainty, which Oaktree's
commitment does not have," the person, as cited by Livemint.com,
said.

"Oaktree's offer for the insurance business is to credit INR1,000
crore in an escrow account, conditional and contingent on the
outcome of legal cases against DHFL. This has lowered Oaktree's
score as per the internal evaluation metrics assessed by SBI Caps
and CoC members on Friday [Dec. 25 and Saturday [Dec. 26]," said
the second person.

In a letter to the Reserve Bank of India and DHFL's lenders late on
Dec. 27, Oaktree said that by selecting Piramal, the lenders will
be shifting their exposure to a new entity, whose assets have not
been independently inspected, Livemint.com reports.

According to Livemint.com, Oaktree asked the lenders' panel to
consider the possibility that the merged entity of Piramal Capital
and DHFL could face imminent stress.

Livemint.com relates that Oaktree said though Piramal has suggested
it will infuse INR3,800 crore into DHFL in the first 12 months, it
is not a binding commitment. "Oaktree has, on the other hand,
committed to providing a fresh capital infusion of INR1,000 crore
as a cushion to DHFL lenders, by way of a firm commitment letter.

"In terms of total recovery being offered to financial creditors as
well as net present value, Oaktree's financial proposal is clearly
superior to all other PRAs (bidders). It is clear, however, that
the benefit of any proposed fresh capital infusion by the
second-highest bidder (Piramal) will not be available to the
lenders of DHFL, but rather to a co-mingled entity that is burdened
by other liabilities," said Oaktree's letter, the report relays.

On December 22 and December 23, both Oaktree and Piramal Group made
a number of additional commitments over and above their
fourth-round bid amounts. "As per the final bid structure, Oaktree
has offered to infuse at least INR1,000 crore equity into DHFL
within 10 months if it wins," said the first person. Piramal has
already committed to infusing around INR4,000 crore into DHFL
within 10 months if it wins the bid.

Also, Piramal has sweetened its offer for the insurance business.
The company has now offered to buy out the entire life insurance
business of DHFL's Pramerica Life Insurance Co. Ltd unit for
INR1,000 crore. Earlier, Piramal had offered to pay INR300 crore
for the 51% stake held by DHFL Investments Ltd (DIL) in the life
insurer, Livemint.com states.

"Oaktree has made two proposals—one, it will invest INR1,000
crore in DIL through a domestic AIF," said the first person.
Secondly, Oaktree has also agreed to withdraw the holdback clause
pertaining to a portion of the payment to lenders for the insurance
business against any future tax liability.

In its previous offer, Oaktree had stated that a sum will be kept
as a holdback by it for an unspecified period from its upfront
payment offer worth INR11,700 crore, Livemint.com relates.

Piramal, on the other hand, has made an upfront payment offer of
INR12,700 crore and has not kept any holdback condition. These new
offers made by Oaktree and Piramal are over and above the offers
made by the two bidders to pay the creditors during the period
lapsing between NCLT's nod and actual implementation of the deal.

Commenting on Oaktree's Dec. 27 letter, a Piramal spokesperson
said, "Imaginary conspiracy theories do not alter obvious facts.
The fact is all the bidders had the opportunity to submit bids post
clarifications on 22 Dec. After seeing our bid, and recognizing
that their bid falls short on various dimensions, Oaktree is now
sending this series of letters, to alter the substantive
submissions they themselves have formally made. The Oaktree bid is
short on upfront cash, short on NPV, short on overall score,
un-implementable due to insurance related complications, and leaves
lenders with weak debt paper due to the sub debt structure offered
by Oaktree to themselves. The Piramal plan merges DHFL with a AA
rated entity, offers over Rs. 10,000 crore of equity immediately,
and provides clarity on quality and secondary market valuation of
NCDs. The alternative plan is a highly leveraged structure with
minimal equity. The letter from Oaktree appears to be under the
mistaken belief that threatening COC members with consequences is
going to alter these facts and change the course of a legally run,
transparent process in our country."

                            About DHFL

Dewan Housing Finance Corporation Limited (DHFL) operates as a
housing finance company in India. The company's deposit products
include fixed deposit products for individuals, and trusts and
institutions; and corporate, recurring, and Wealth2Health deposits
products. It also offers home loans, which include home improvement
loans, home construction loans, home extension loans, plot
loans/land loans, plot and construction loans, and balance transfer
of home loans, as well as home loans for the self-employed; small
and medium enterprise loans, including property term, plant and
machinery, medical equipment, and business loans; mortgage loans,
such as loans against property, loan for purchase of commercial
premises, and loan through lease rental discounting; and NRI home
loans.

As reported in the Troubled Company Reporter-Asia Pacific, Deccan
Herald said the Mumbai bench of the National Company Law Tribunal
(NCLT) on Dec. 2, 2019, admitted a petition by the Reserve Bank of
India (RBI) seeking bankruptcy proceedings to resolve DHFL.  The
move came in after the Reserve Bank on Nov. 29, 2019, made an
application for bankruptcy proceedings to resolve the credit and
liquidity crisis at the company, which became the first financial
sector player being sent for bankruptcy.  RBI appointed R
Subramaniah Kumar as the company's administrator.  Financial
creditors to DHFL have submitted claims worth INR86,892 crore
against the mortgage lender, BloombergQuint disclosed.


DIGICABLE NETWORK: Court Admits Insolvency Petition Against Firm
----------------------------------------------------------------
The Economic Times reports that the dedicated bankruptcy court has
admitted Mumbai-based DigiCable Network (India) under the Corporate
Insolvency Resolution Process (CIRP) in a plea filed by the Axis
Bank. Country's third-largest private sector lender Axis Bank had
approached the court last year after the company defaulted to pay
its dues of over Rs 156 crore, ET relates.

ET says the Mumbai bench of the National Company Law Tribunal
(NCLT), while admitting the plea also appointed Sunil Kumar
Choudhary as interim resolution professional.

Digicable Network (India) Private Limited was founded in 2007. The
company's line of business includes broadcasting visual programs by
television to the public.


KUNDLI MANESAR: Ind-Ra Lowers Rating on INR13cr Loans to D
----------------------------------------------------------
India Ratings and Research (Ind-Ra) rectified a ratings on Kundli
Manesar Expressway Limited released on December 23, 2020 to
correctly state the company's revenue from operations and
construction expenses for FY20.

The amended version is:

India Ratings and Research (Ind-Ra) has downgraded Kundli Manesar
Expressway Limited's term loans as follows:

-- INR13.0 bil. Term loans (Long-term) due on February 2032
     downgraded with IND D rating.

KEY RATING DRIVERS

The downgrade reflects KMEL's delay in servicing of interest
obligation for November 2020, which was due on 1 December 2020 to
the project lenders, as ascertained from the lead lender. The
ongoing delay in the receipt of third annuity from the concession
authority, Haryana State Industrial and Infrastructure Development
Corporation Ltd, led to the non-payment of interest. There have
been past instances of delays in the receipt of annuities post
completion of provisional commercial operations, as the
concessionaire has not completed the punch list items within the
stipulated time.

The authority has released two provisional interest-bearing
annuities till end-November 2020 as advance for completing the
punch list works. The interest on annuities shall be payable by
KMEL until the project achieves the final commercial operations
date. The delay in completion of pending punch list items was
initially due to the deteriorated credit profile of KMEL's sponsor,
Essel Infraprojects Ltd, which was aggravated by the COVID-19
induced lockdown and supply chain disruption towards procurement of
raw materials due to ongoing farmers agitation across pan-India.
The company does not maintain a debt service reserve as stipulated
in the financing documents. However, the management has mentioned
that debt service reserve and major maintenance reserve shall be
created once the full commercial operations are achieved.

RATING SENSITIVITIES

Positive: The rating will be upgraded upon a sustained improvement
in the operational and financial performance of KMEL, including the
timely receipt of forthcoming annuities, leading to adequate cash
flow generation to meet the debt obligations in a timely manner,
achievement of the final commercial operations date, creation of
debt-service reserve, clarity on the sponsor's liquidity profile
and timely debt servicing for at least three consecutive months.

COMPANY PROFILE

HSIIDC awarded contract to M/s Essel Infraprojects Ltd. for the
development of access controlled 6 lane Kundli-Manesar Expressway
from km 0+000 to km 83+320 in the State of Haryana on BOT Annuity
basis. Essel Infraprojects Ltd. had formed an SPV namely KMEL for
implementing the project (the Concessionaire). The total project
cost was INR 19154.70 million, financed by promoter's contribution
of INR 6,154.70 million and the rest through debt. The project was
awarded a Concession Period of 17 years including Construction
Period of 910 days (i.e. two years and six months) from the
Appointed Date. The project achieved provisional commercial
operations date on December 4, 2018.


NIJAGUNA LAND: CRISIL Keeps D on INR9cr Credit in Not Cooperating
-----------------------------------------------------------------
CRISIL said the rating on bank facilities of Nijaguna Land
Developers and Builders (NLDB) continues to be 'CRISIL D Issuer Not
Cooperating'.

                   Amount
   Facilities    (INR Crore)    Ratings
   ----------    -----------    -------
   Cash Credit         9        CRISIL D (ISSUER NOT COOPERATING)

CRISIL has been consistently following up with NLDB for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of NLDB, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on NLDB is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of NLDB
continues to be 'CRISIL D Issuer Not Cooperating'.

NLDB is a proprietorship firm involved in civil construction works
like construction of roads, bridges and construction and
maintenance for irrigation facilities in Karnataka. The firm is
being managed by Mr. Gowda.


OMAR COLD: CRISIL Keeps B+ Debt Ratings in Not Cooperating
----------------------------------------------------------
CRISIL said the ratings on bank facilities of Omar Cold Storage
Private Limited (OCSPL) continue to be 'CRISIL B+/Stable Issuer Not
Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            9         CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

   Proposed Cash          2         CRISIL B+/Stable (ISSUER NOT
   Credit Limit                     COOPERATING)

   Term Loan              1         CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

CRISIL has been consistently following up with OCSPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of OCSPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on OCSPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of OCSPL
continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.

OCSPL, established in 1998 and based in Shahjahanpur, Uttar
Pradesh, provides cold storage facility for potatoes to farmers. It
also manufactures wheat products such as maida, atta, bran, suji,
choker, daliya and besan, under its Navratna brand in its unit,
Vinayak Roller Flour Mill under this company. OCSPL is promoted by
Mr. Gyan Dev Gupta, his wife Ms. Neelam Gupta, and son Mr. Shikhar
Gupta.


OSIA JEWELS: CRISIL Keeps D on INR20cr Loans in Not Cooperating
---------------------------------------------------------------
CRISIL said the ratings on bank facilities of Osia Jewels Private
Limited (OJPL) continue to be 'CRISIL D Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            7.5       CRISIL D (ISSUER NOT
                                    COOPERATING)

   Proposed Long Term    12.5       CRISIL D (ISSUER NOT
   Bank Loan Facility               COOPERATING)

CRISIL has been consistently following up with OJPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of OJPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on OJPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of OJPL
continues to be 'CRISIL D Issuer Not Cooperating'.

CRISIL consolidates the business and financial profile of SOPL,
Siddham Jewels Pvt Ltd (SJPL) and OJPL as all the entities are in
similar line of business and are managed by the same management.

Sancheti Group is promoted by Mr. Ashok Sancheti and his family.
The three group companies, SOPL, SJPL and OJPL were setup in 2011
in Mumbai to manufacture and wholesale gold jewellery. The
promoters have been in business since 1988.


RM DAIRY: CARE Moves D Rating on INR42.4cr Loans in Not Cooperating
-------------------------------------------------------------------
CARE Ratings has migrated the rating on bank facilities of RM Dairy
Products LLP to Issuer Not Cooperating category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       42.41      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating moved to ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE has been seeking information from RM Dairy to monitor the
rating vide e-mail communications dated November 30, 2020, November
26, 2020, November 23, 2020, November 17, 2020, November 14, 2020,
November 5, 2020 and numerous phone calls. However, despite CARE's
repeated requests, the company has not provided the requisite
information for monitoring the ratings. In line with the extant
SEBI guidelines, CARE has reviewed the rating on the basis of the
best available information which however, in CARE's opinion is not
sufficient to arrive at a fair rating. Further, RM Dairy Products
LLP has not paid the surveillance fees for the rating exercise as
agreed to in its Rating Agreement. The rating on RM Dairy Products
LLP's bank facilities will now be denoted as CARE D; ISSUER NOT
COOPERATING.

Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).

Detailed description of the key rating drivers

At the time of last rating on December 3, 2019, the following were
the rating strengths and weaknesses.

Key Rating Weaknesses

* Low profitability margins: The PBILDT margin of the firm stood
low at 4.8% (PY: 3.91%) in FY19, primarily due to high cost of
material consumed. The low PAT margin of 0.59% (PY: 0.50%) during
FY19 was due to significantly high interest costs incurred by the
company on account of excessive reliance on working capital
borrowings.

* Weak financial risk profile: The financial risk profile of the
firm has deteriorated and stood weak as exhibited by high overall
gearing of 5.3x as on March 31, 2019 (PY: 4.98x), mainly on account
higher reliance on external borrowing to fund elongated operating
cycle The same has also resulted in deterioration in the Total Debt
to GCA from 11.09x as on March 31, 2018 to 12.53x as on March 31,
2019. The interest coverage ratio of the firm has moderated to
1.88x (PY: 2.24x) during FY19, primarily due to higher working
capital borrowings resulting in increase in the interest cost.

* Stretched receivables leading to cash flow mismatches: The
operating cycle of the company deteriorated to 74 days (PY: 41
days) as on 31st March 2019 primarily on account of increase in
average collection period from 21 days in FY18 to 41 days in FY19
as a result of competitive industry scenario due to supply-demand
mismatch of dairy products. Further, the average working capital
utilization for the past 12 months has remained high at around 99.4
%.

Liquidity: Stretched

The liquidity continues to remain poor owing to elongated operating
cycle which has led to continuous overdrawals and delay in debt
repayment obligations.

Key Rating Strengths

* Experienced Partners: RM Dairy LLP is promoted by Mr. Ram Vinod
Singh, Mr. Ravi Singhal, Mr. Shishir Singh, and Mr.Girish Goyal.
Mr. Ram is a graduate and holds an experience of more than 20 years
in the construction business and currently looks after overall
administration of the firm. Mr. Shishir is an MBA with an
experience of over a decade in the construction business. Mr. Ravi
who looks after the marketing and procurement division of the firm
also has an experience of around 20 years in the construction
business. In 2015, the partners ventured into the dairy industry by
establishing a manufacturing facility in Aligarh with an installed
capacity of 4 lakh litre to produce paneer, butter, desi ghee,
skimmed milk powder, and other milk products.

RM Dairy Products LLP is the flagship company of Ram Meher Group.
The group was started in 2005 with focus in the real estate and
glass industry. RM Dairy Products LLP was incorporated in April,
2015 as a limited liability partnership firm by eight partners -
Mr. Ram Vinod Singh, Ms Radha Singh, Mr. Shishir Singh, Mr. Girish
Goyal, Ms. Suman Goyal, Mr. Ravi Singhal, Ms. Archana Singhal and
Ms. Shally Singh. The firm has a manufacturing plant in Aligarh,
Uttar Pradesh with an installed capacity of around 4 lakh litre per
day to produce skimmed milk powder, ghee, and milk.


S.R. MILL: CRISIL Keeps B+ on INR6cr Loans in Not Cooperating
-------------------------------------------------------------
CRISIL said the ratings on bank facilities of Sri S.R. Mill (SR)
continue to be 'CRISIL B+/Stable Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            4.5       CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

   Term Loan              1.5       CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

CRISIL has been consistently following up with SR for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SR, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SR is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SR
continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.

SR was established in 2004 by Mr. Praveen Reddy. The firm
manufactures knitted garments for men at its facility in Tanuka,
Andhra Pradesh.


SANT FOODS: CRISIL Lowers Rating on INR20.4cr Loans to B
--------------------------------------------------------
CRISIL has revised the ratings on bank facilities of Sant Foods
Private Limited (SFPL) to 'CRISIL B/Stable Issuer Not Cooperating'
from 'CRISIL BB-/Stable Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit           10.4       CRISIL B/Stable (ISSUER NOT
                                    COOPERATING; Revised from
                                    'CRISIL BB-/Stable ISSUER NOT
                                    COOPERATING')

   Warehouse Receipts    10.0       CRISIL B/Stable (ISSUER NOT
                                    COOPERATING; Revised from
                                    'CRISIL BB-/Stable ISSUER NOT
                                    COOPERATING')

CRISIL has been consistently following up with SFPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SFPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SFPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SFPL
Revised to 'CRISIL B/Stable Issuer Not Cooperating' from 'CRISIL
BB-/Stable Issuer Not Cooperating'.

SFPL was established in 2008 by Mr. Pradeep Wadhwa and Mr. Jograj.
The company mills and processes basmati rice at its facilities at
Patran in Patiala, Punjab.


SATYAM ISPAT: CRISIL Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
CRISIL said the ratings on bank facilities of Satyam Ispat (North
East) Limited (SINEL) continue to be 'CRISIL D/CRISIL D Issuer not
cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Bank Guarantee         .5        CRISIL D (ISSUER NOT
                                    COOPERATING)

   Cash Credit          20.9        CRISIL D (ISSUER NOT
                                    COOPERATING)

   Letter of Credit      9.5        CRISIL D (ISSUER NOT
                                    COOPERATING)

   Proposed Term Loan    9.2        CRISIL D (ISSUER NOT
                                    COOPERATING)

   Working Capital      13.9        CRISIL D (ISSUER NOT
   Term Loan                        COOPERATING)

CRISIL has been consistently following up with SINEL for obtaining
information through letters and emails dated May 23, 2020 and
November 30, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SINEL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SINEL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SINEL
continues to be 'CRISIL D/CRISIL D Issuer not cooperating'.

SINEL, incorporated in 2005, is a part of Satyam Group of
Industries. It commenced commercial operations in April 2007, and
manufactures TMT bars and mild steel billets, which it sells under
Satyam Super TMT brand. The company has a semi-integrated plant in
Assam, with capacity to manufacture TMT and mild steel billets.


SHRIRAM TRANSPORT: S&P Affirms 'BB-/B' ICRs, Outlook Stable
-----------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' long-term and 'B' short-term
issuer credit ratings on Shriram Transport Finance Co. Ltd. (STFC).
The outlook on the long-term rating is stable. S&P also affirmed
its 'BB-' long-term issue rating on the finance company's senior
notes. S&P removed the ratings from CreditWatch, where they were
placed with negative implications on June 26, 2020.

S&P said, "We removed the ratings from CreditWatch because we
expect STFC to sustain an improvement in its liquidity over the
next 12 months owing to higher collections and better refinancing
conditions.

"The company's results for the second quarter of fiscal 2021 (year
ended March 31, 2021) were better than we expected, with a material
recovery in semi-urban and rural markets." The reopening of the
Indian economy following COVID-19 has increased cash flows of road
transport operators (the company's key borrowers). Collections have
improved significantly and were more than 90% (by value) in
September-November, compared with about 50% in June-August and 30%
in May.

STFC's ability to tap various sources for funds over the past three
to four months, including from banks, capital markets, and
securitization, indicates an improvement in funding conditions. The
company also raised Indian rupee (INR) 15 billion capital through a
rights issue in August, which has improved its Tier 1 capital ratio
by 200 basis points to 20.1% as of Sept. 30, 2020.

STFC's nonperforming loans are likely to rise in the next few
quarters, and we have factored this into our ratings. The company's
reported stage-3 (more than 90 days past due) loans declined to
7.3% of gross loans at end-September 2020, from 8% a quarter ago.
The improvement in asset quality was helped by a six-month
moratorium on loan repayment that lasted until end-August, and
financial savings of borrowers. Management expects about 3% of
STFC's gross loans to be stressed as mobility in urban areas
remains below pre-pandemic levels. The stressed borrowers mainly
operate passenger vehicles such as taxis, school or office buses,
and their number of trips has declined significantly, hurting
earnings. These loans could be restructured by the end of this
fiscal year under the central bank's one-time window.

S&P said, "In our opinion, STFC's earnings have a buffer to absorb
a moderate deterioration amid tough operating conditions. We
forecast the company's credit costs will stay high at 2.5%-3.5% of
gross loans over the next 12 months. Earnings will likely decline
to 1.3%-1.7% of average assets (1.6% annualized for the first half
of fiscal 2021) due to high credit costs and lower margins. We
believe STFC's pre-provision earnings of 5.8% of assets can support
higher credit costs, if required.

"We expect STFC's capital will remain strong, with the S&P Global
Ratings risk adjusted capital (RAC) ratio at about 11% over the
next 12 months. Key risks to our RAC projection are higher credit
costs or credit growth than we forecast.

"In our opinion, STFC's continued reliance on securitization could
hit its business stability. The company's credit growth over the
past few quarters has been driven by securitized assets as funding
conditions remained tight. We believe STFC's ability to securitize
loans depends on market perceptions of its underlying asset
quality, and reliance on this route can make the company's
operations susceptible to adverse operating conditions.

"The stable outlook on STFC reflects our view that the company's
deterioration in asset quality will be manageable and it will
maintain its financial profile over the next 12 months.

"We will lower our ratings on STFC if the company's asset quality
deteriorates significantly. This could curtail the company's access
to funds, straining its liquidity.

"We could also lower the rating if STFC's RAC ratio declines to
below 10% on a sustained basis or the company's credit growth
continues to be driven by securitized assets, affecting its
business position.

"We don't see an upside to the rating over the next 12 months."

SRIKARA PACKAGING: CRISIL Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------------
CRISIL said the ratings on bank facilities of Srikara Packaging
Private Limited (SPPL) continue to be 'CRISIL D Issuer Not
Cooperating'.

                     Amount
   Facilities     (INR Crore)   Ratings
   ----------     -----------   -------
   Cash Credit          4       CRISIL D (ISSUER NOT COOPERATING)
   Long Term Loan       5       CRISIL D (ISSUER NOT COOPERATING)

CRISIL has been consistently following up with SPPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SPPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SPPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SPPL
continues to be 'CRISIL D Issuer Not Cooperating'.

Set up in 2012, Srikara Packaging Private Limited (SPPL), is
engaged in manufacturing of polypropylene non-woven fabric. The
firm is based out of Madurai (Tamil Nadu) and is promoted by Mr. V.
Vairamuthu and his family members.


SUNRISE FOAM: CRISIL Keeps B+ on INR8.2cr Loans in Not Cooperating
------------------------------------------------------------------
CRISIL said the ratings on bank facilities of Sunrise Foam Product
Private Limited (SFPPL; part of the Bindal group) continue to be
'CRISIL B+/Stable Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit           7.20       CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

   Proposed Long Term    1.05       CRISIL B+/Stable (ISSUER NOT
   Bank Loan Facility               COOPERATING)

CRISIL has been consistently following up with SFPPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SFPPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SFPPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SFPPL
continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.

For arriving at the rating, CRISIL has now combined the business
and financial risk profiles of SFPPL and Bindal Coir Private
Limited (BCPL). The two entities, together referred to as the
Bindal group, are in the same business, have the same promoters and
management, and have significant operational linkages. CRISIL
believes the entities will have increasingly fungible funds to
support the group's working capital management.

BCPL was established in New Delhi in 1996. The company manufactures
foam sheets, cushions, pillows, and multi-layered mattresses for
non-industrial use, and has manufacturing facilities in
Bahadurgarh, Haryana. Mr. Sunil Gupta and his family members are
its promoters.

SFPPL, incorporated in 2009, is promoted by Mr. Sunil Gupta. The
company manufactures polyurethane flexible foam, polyurethane
flexible cushions, and foam products. It commenced operations in
fiscal 2010 and its manufacturing facilities are also in
Bahadurgarh.


SURIEN PHARMACEUTICALS: CRISIL Cuts Rating on INR10cr Loan to B
---------------------------------------------------------------
CRISIL has revised the ratings on bank facilities of Surien
Pharmaceuticals Private Limited (SPPL) to 'CRISIL B/Stable Issuer
Not Cooperating' from 'CRISIL BB-/Stable Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit             10       CRISIL B/Stable (ISSUER NOT
                                    COOPERATING; Revised from
                                    'CRISIL BB-/Stable ISSUER NOT
                                    COOPERATING')

CRISIL has been consistently following up with SPPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SPPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on SPPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of SPPL
Revised to 'CRISIL B/Stable Issuer Not Cooperating' from 'CRISIL
BB-/Stable Issuer Not Cooperating'.

Incorporated in 2004, Chennai-based SPPL is involved in contract
manufacturing of pharmaceutical formulations. The company is
promoted by Mr. R Krishnamoorthy.


SWASTIK COPPER: CRISIL Lowers Rating on INR36cr Bank Loan to D
--------------------------------------------------------------
CRISIL has downgraded its ratings on the bank facilities of Swastik
Copper Pvt Ltd (SCPL) to 'CRISIL D/CRISIL D Issuer Not Cooperating'
from 'CRISIL B+/Stable/CRISIL A4 Issuer Not Cooperating'. The
downgrade reflects irregularities in account conduct and its
classification as a non-performing asset.


                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Bank Guarantee         36        CRISIL D (ISSUER NOT
                                    COOPERATING; Downgraded from
                                    'CRISIL A4 ISSUER NOT
                                    COOPERATING')

   Cash Credit            20        CRISIL D (ISSUER NOT
                                    COOPERATING; Downgraded from
                                    'CRISIL B+/Stable ISSUER NOT
                                    COOPERATING')

   Inland/Import           1.5      CRISIL D (ISSUER NOT
   Letter of Credit                 COOPERATING; Downgraded from
                                    'CRISIL A4 ISSUER NOT
                                    COOPERATING')

   Letter of Credit        2.5      CRISIL D (ISSUER NOT
                                    COOPERATING; Downgraded from
                                    'CRISIL A4 ISSUER NOT
                                    COOPERATING')

CRISIL has been consistently following up with SCPL for obtaining
information through letters and emails dated May 23, 2020, and
November 14, 2020, among others, apart from telephonic
communication. However, the issuer has remained non-cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of SCPL, restricting CRISIL's
ability to take a forward-looking view on the entity's credit
quality. CRISIL believes information available on SCPL is
consistent with 'Assessing Information Adequacy Risk', with CRISIL
BB rating category or lower'.

CRISIL has downgraded its ratings on the bank facilities of SCPL to
'CRISIL D/CRISIL D Issuer Not Cooperating' from 'CRISIL
B+/Stable/CRISIL A4 Issuer Not Cooperating'. The downgrade reflects
irregularities in account conduct and its classification as a
non-performing asset.

Incorporated by Mr. Sandeep Jain in 1995, SCPL manufactures
distribution and power transformers, with capacity ranging from
5-10,000 kilovolt amperes (kVA). The company supplies transformers
to electricity boards/power distribution companies in Uttar
Pradesh, Rajasthan, Chhattisgarh and Madhya Pradesh. It has
installed capacity to manufacture 1,000 transformers of up to 250
kVA, 1,500 transformers from 250-10,000 kVA and 3,000 protective
boxes.


THAMANIAN AGRO: CRISIL Lowers Rating on INR9.5cr Cash Loan to D
---------------------------------------------------------------
CRISIL has downgraded its rating on the long term bank facilities
of Thamanian Agro Foods (TAF) to 'CRISIL D Issuer Not Cooperating'
from 'CRISIL B+/Stable Issuer Not Cooperating'.  The downgrade
reflects delays by TAF in servicing of debt obligations.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit           9.5        CRISIL D (ISSUER NOT
                                    COOPERATING; Downgraded from
                                    'CRISIL B+/Stable ISSUER NOT
                                    COOPERATING')

CRISIL has been consistently following up with TAF for obtaining
information through letters and emails dated February 12, 2020 and
August 15, 2020 among others, apart from telephonic communication.
However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of TAF, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on TAF is consistent
with 'Assessing Information Adequacy Risk'.

CRISIL has downgraded its rating on the long term bank facilities
of TAF to 'CRISIL D Issuer Not Cooperating' from 'CRISIL B+/Stable
Issuer Not Cooperating'.

The downgrade reflects delays by TAF in servicing of debt
obligations.

Set up in 1983 as a proprietorship firm, and reconstituted as
partnership firm in 2014, TAF is engaged in milling and processing
of paddy into rice, rice bran, broken rice and husk. The firm is
promoted by Mr. S. Ganesa Pandian and his son Mr. G. Karthik.


TIRUPATIBALAJI MILLS: CRISIL Keeps B+ Ratings in Not Cooperating
----------------------------------------------------------------
CRISIL said the ratings on bank facilities of Tirupatibalaji Mills
Private Limited (TBMPL) continue to be 'CRISIL B+/Stable Issuer Not
Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            1         CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

   Rupee Term Loan        0.5       CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

CRISIL has been consistently following up with TBMPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of TBMPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on TBMPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of TBMPL
continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.

Tirupatibalaji Mills Private Limited was incorporated in 2010 and
is engaged in trading of pulses and manufacturing of roasted chana
and papad. The company also undertakes job work for different
customers.


TRIPTI HI-TECH: CRISIL Keeps B on INR9cr Loans in Not Cooperating
-----------------------------------------------------------------
CRISIL said the rating on bank facilities of Tripti Hi-Tech Blocks
N Constructions LLP (THBCL) continues to be 'CRISIL B/Stable Issuer
Not Cooperating'.

                        Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Proposed Long Term      9.7        CRISIL B/Stable (ISSUER NOT
   Bank Loan Facility                 COOPERATING)

CRISIL has been consistently following up with THBCL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of THBCL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on THBCL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of THBCL
continues to be 'CRISIL B/Stable Issuer Not Cooperating'.

Incorporated in Nov 2017, Tripti Hi-Tech Blocks N Constructions LLP
(THBCL) is a Limited Liability Partnership firm promoted by Mr.
Anup Kumar Jhunjhunwala and Mr. Sandeep Kumar Gupta, is currently
acquiring an AAC Blocks manufacturing unit (Hindustan Concrete
Blocks) with an installed capacity of 35,000 Sq ft/day. Firm is
based out of Malkapur Village, Nalgonda.


UNION BANK OF INDIA: S&P Affirms 'BB+/B' ICRs, Outlook Stable
-------------------------------------------------------------
S&P Global Ratings affirmed its 'BB+' long-term and 'B' short-term
issuer credit ratings on Union Bank of India (UBI). The outlook on
the long-term rating is stable. S&P also affirmed the 'BB+'
long-term issue rating on the bank's senior unsecured notes.

S&P said, "We believe UBI's capital buffers have weakened following
the bank's merger with domestic peers Andhra Bank and Corporation
Bank earlier in 2020, as well as three consecutive years of
accumulated losses. We have therefore revised down our assessment
of UBI's SACP to 'bb- from 'bb'."

The COVID-19 outbreak has heightened stress levels and uncertainty
across the Indian banking system. This has set back recovery at
UBI, which was already grappling with high nonperforming assets
(NPAs) and credit costs. S&P Global Ratings forecasts India's GDP
will contract 7.7% in the fiscal year ending March 31, 2021, and
rebound by 10% in fiscal 2022.

S&P believes the amalgamated entity could take more than two years
to benefit from the significant improvement in scale and franchise,
and generate superior profitability. UBI's Tier 1 capital ratio
fell to 10.1% as of Sept. 30, 2020, compared with the pre-merger
level of 10.7% as of March 31, 2020.

UBI's risk-adjusted capital (RAC) ratio is likely to be about 4.5%
over the next 12-18 months, compared with 4.2% as of Sept. 30,
2020. S&P said, "Our forecast factors in equity capital infusion
from the bank's capital-raising plans. We have stopped assigning
equity credit to additional Tier 1 instruments issued by Indian
public sector banks, including Union Bank, due to uncertainty over
their ability to absorb losses on a going-concern basis."

S&P said, "We see signs of a pick-up in economic activity in India
since the lockdowns ended. UBI's performance has improved in the
first half ended Sept. 30, 2020, in line with the broader banking
sector. The bank's net profit was Indian rupee (INR) 8.5 billion in
the first half, a marked reversal from the net loss in the previous
year. Its gross NPA ratio also reduced to 14.7% as of Sept. 30,
2020, from 15.8% a year earlier. We believe much of this
improvement is due to the six-month loan moratorium that ended on
Aug. 31, 2020, as well as a Supreme Court ruling barring banks from
classifying any loan as a NPA.

"While we see upside to UBI's growth and earnings, headwinds to
recovery remain. Economic activity in India is soft, and the
pandemic is not fully under control. Meanwhile, the sizable pile of
stressed assets on the bank's books will continue to be a drag on
earnings, in our opinion.

"We expect UBI to maintain its very important role and very strong
link with the Indian government. The government is statutorily
required to hold at least 51% in the bank, and influences the
bank's strategic decision-making via its representation on the
board and the appointment of the bank's chairman and managing
director. UBI has also benefitted from periodic capital infusions
from the government to ensure compliance with regulatory minimum
capital requirements.

"The stable outlook on UBI reflects our view that the bank will
maintain its financial profile over the next 12-18 months amid
tough operating conditions. We also expect government support to
continue to underpin the ratings. We classify Union Bank as a
government-related entity, and see a very high likelihood that the
bank will receive support from the Indian government if needed.

"We would lower the rating by a notch if UBI's RAC ratio falls
below 3% on a sustained basis. Large unanticipated asset quality
shocks or prolonged operating losses could also result in a
downgrade of the bank. Such a situation could arise due to a deeper
recession that is beyond our base-case forecast, such that the
bank's capitalization deteriorates due to high provisioning costs.

"We believe an upgrade is highly unlikely over the next 12-18
months given the challenging operating conditions in India."


VENUS REMEDIES: CRISIL Withdraws D Rating on INR146.77cr Loan
-------------------------------------------------------------
Due to inadequate information and in line with the Securities and
Exchange Board of India guidelines, CRISIL had migrated the ratings
on the bank facilities of Venus Remedies Limited (VRL) to 'CRISIL
D/CRISIL D Issuer Not Cooperating'. However, the management has
subsequently requested to withdraw the company's ratings and has
shared no-objection and no-dues certificates from Allahabad Bank,
Kotak Mahindra Bank Ltd, Union Bank of India, Andhra Bank,
Corporation Bank, Dena Bank, Exim Bank, HDFC Bank Ltd, IDBI Bank
Ltd and State Bank of India. Consequently, CRISIL is migrating the
ratings of VRL to 'CRISIL D/CRISIL D' from 'CRISIL D/CRISIL D
Issuer Not Cooperating' and has withdrawn the ratings. The rating
action is in line with CRISIL's policy on withdrawal of bank loan
ratings.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Bank Guarantee         2.5       CRISIL D (Migrated from
                                    'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

   Cash Credit          105         CRISIL D (Migrated from
                                    'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

   Funded Interest        9.57      CRISIL D (Migrated from
   Term Loan                        'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

   Letter of Credit      25.5       CRISIL D (Migrated from
                                    'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

   Letter of credit       9         CRISIL D (Migrated from
   & Bank Guarantee                 'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

   Term Loan            146.77      CRISIL D (Migrated from
                                    'CRISIL D ISSUER NOT
                                    COOPERATING'; Rating
                                    Withdrawn)

Established in 1991 by Mr. Pawan Chaudhary, VRL has presence in
both branded and generic products. The company is mainly present in
the critical care segment manufacturing parenterals such as
cephalosporins, carbapenems and oncology drugs in lyophilized form,
infusions and small volume parenterals used for treating varied
ailments such as bacterial infections and cancer. Currently, 75
products of the company are in the market, out of which more than
20 products are related to oncology and 15 are research-based
products with patent approvals from emerging and regulated markets.
The company filed 360 global patents, of which more than 85 were
granted and about 275 are at advanced approval stages. The patents
cover 51 countries across Europe, North America, the Far East,
Australia, South America, Africa and the ASEAN.


VISHAAL PROMOTERS: CRISIL Keeps B- Ratings in Not Cooperating
-------------------------------------------------------------
CRISIL said the rating on bank facilities of Vishaal Promoters
Private Limited (VPPL) continues to be 'CRISIL B-/Stable Issuer Not
Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Lease Rental          35         CRISIL B-/Stable (ISSUER NOT
   Discounting Loan                 COOPERATING)

CRISIL has been consistently following up with VPPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of VPPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on VPPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of VPPL
continues to be 'CRISIL B-/Stable Issuer Not Cooperating'.

VPPL was set up in 2001 as a partnership firm by Mr. Ilankovan and
his wife. The firm was reconstituted as a private limited company
in 2004. The company, based in Madurai, undertakes real estate
development.


VISHAL INFRAGLOBAL: CRISIL Keeps D Ratings in Not Cooperating
-------------------------------------------------------------
CRISIL said the ratings on bank facilities of Vishal Infraglobal
Private Limited (VIPL) continue to be 'CRISIL D/CRISIL D Issuer not
cooperating'.

                    Amount
   Facilities     (INR Crore)   Ratings
   ----------     -----------   -------
   Bank Guarantee      47       CRISIL D (ISSUER NOT COOPERATING)
   Cash Credit         25       CRISIL D (ISSUER NOT COOPERATING)

CRISIL has been consistently following up with VIPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of VIPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on VIPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of VIPL
continues to be 'CRISIL D/CRISIL D Issuer not cooperating'.

VIPL was originally established as a proprietorship concern by Mr.
Virsangbhai F Chaudhary in 1990. The firm was reconstituted as
partnership firm in 2007 and subsequently as a private limited
company in 2012. The company undertakes construction of roads and
bridges and is recognized as an AA-class contractor by the
Government of Gujarat for the execution of road projects.


WONDERLAND AMUSEMENT: CRISIL Keeps B+ Rating in Not Cooperating
---------------------------------------------------------------
CRISIL said the rating on bank facilities of Wonderland Amusement
Park Private Limited (Wonderland) continues to be 'CRISIL B+/Stable
Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Overdraft               5        CRISIL B+/Stable (ISSUER NOT
                                    COOPERATING)

CRISIL has been consistently following up with Wonderland for
obtaining information through letters and emails dated May 23, 2020
and November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of Wonderland, which restricts
CRISIL's ability to take a forward looking view on the entity's
credit quality. CRISIL believes that rating action on Wonderland is
consistent with 'Assessing Information Adequacy Risk'. Based on the
last available information, the ratings on bank facilities of
Wonderland continues to be 'CRISIL B+/Stable Issuer Not
Cooperating'.

Wonderland was established by Mr. Kulwant Singh and Mr. Kuldeep
Singh in 1997 as a partnership firm and was incorporated as private
limited company in 2001. The company operates an amusement park in
Jalandhar, Punjab.


YASIKA STEELS: CRISIL Keeps D Debt Ratings in Not Cooperating
-------------------------------------------------------------
CRISIL said the ratings on bank facilities of Yasika Steels Private
Limited (YSPL) continue to be 'CRISIL D Issuer Not Cooperating'.

                      Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            3         CRISIL D (ISSUER NOT
                                    COOPERATING)

   Funded Interest        1.51      CRISIL D (ISSUER NOT
   Term Loan                        COOPERATING)

   Proposed Long Term     5.06      CRISIL D (ISSUER NOT
   Bank Loan Facility               COOPERATING)

   Term Loan               .68      CRISIL D (ISSUER NOT
                                    COOPERATING)

   Working Capital        4.75      CRISIL D (ISSUER NOT
   Demand Loan                      COOPERATING)

CRISIL has been consistently following up with YSPL for obtaining
information through letters and emails dated May 23, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of YSPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on YSPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of YSPL
continues to be 'CRISIL D Issuer Not Cooperating'.

YSPL, incorporated in 2005 and promoted by Mr. Viral R Malaviya and
his wife, Ms. Poonam Viral Malaviya, manufactures and trades in
steel products, mainly bright steel bars.


ZNA INFRA: CRISIL Keeps B+ on INR17cr Loans in Not Cooperating
--------------------------------------------------------------
CRISIL said the ratings on bank facilities of ZNA Infra Private
Limited (ZIPL) continue to be 'CRISIL B+/Stable Issuer Not
Cooperating'.

                        Amount
   Facilities         (INR Crore)    Ratings
   ----------         -----------    -------
   Proposed Long Term      7.5       CRISIL B+/Stable (ISSUER NOT
   Bank Loan Facility                COOPERATING)

   Term Loan               9.5       CRISIL B+/Stable (ISSUER NOT
                                     COOPERATING)

CRISIL has been consistently following up with ZIPL for obtaining
information through letters and emails dated June 29, 2020 and
November 14, 2020 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

'The investors, lenders and all other market participants should
exercise due caution with reference to the rating assigned/reviewed
with the suffix 'ISSUER NOT COOPERATING' as the rating is arrived
at without any management interaction and is based on best
available or limited or dated information on the company. Such non
co-operation by a rated entity may be a result of deterioration in
its credit risk profile. These ratings with 'ISSUER NOT
COOPERATING' suffix lack a forward looking component.'

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
failed to receive any information on either the financial
performance or strategic intent of ZIPL, which restricts CRISIL's
ability to take a forward looking view on the entity's credit
quality. CRISIL believes that rating action on ZIPL is consistent
with 'Assessing Information Adequacy Risk'. Based on the last
available information, the ratings on bank facilities of ZIPL
continues to be 'CRISIL B+/Stable Issuer Not Cooperating'.

ZIPL operates 1MW solar plant each in Haryana and Rajasthan and is
a part of the Zamil group. Its parent company is Zamil Industrial
Investment Company, Saudi Arabia and its operations are managed by
Mr. Ramesh Awateny and Mr. Vivek Gupta. The company was
incorporated in March 2008 by the name of Zamil Infra Pvt Ltd,
which was changed to the current name in January 2016.




=========
J A P A N
=========

TOKYU CORPORATION: Egan-Jones Cuts Senior Unsecured Ratings to BB+
------------------------------------------------------------------
Egan-Jones Ratings Company, on December 14, 2020, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Tokyu Corporation to BB+ from BBB-.

Headquartered Shibuya City, Tokyo, Japan, Tokyu Corporation
provides railway services.


UNITIKA LIMITED: Egan-Jones Cuts Sr. Unsecured Ratings to CCC
-------------------------------------------------------------
Egan-Jones Ratings Company, on December 14, 2020, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Unitika Limited to CCC from CCC+.

Headquartered in Japan, Unitika Limited manufactures and sells
synthetic fibers and textile products used as apparel and
industrial materials.




=======
L A O S
=======

LAOS: Moody's Completes Review, Retains Caa2 Rating
---------------------------------------------------
Moody's Investors Service reviews all of its ratings periodically
in accordance with regulations -- either annually or, in the case
of governments and certain EU-based supranational organisations,
semi-annually. This periodic review is unrelated to the requirement
to specify calendar dates on which EU and certain other sovereign
and sub-sovereign rating actions may take place.

Moody's conducts these periodic reviews through portfolio reviews
in which Moody's reassesses the appropriateness of each outstanding
rating in the context of the relevant principal methodology(ies),
recent developments, and a comparison of the financial and
operating profile to similarly rated peers. Since January 1, 2019,
Moody's issues a press release following each periodic review
announcing its completion.

Moody's has now completed the periodic review of a group of issuers
that includes Laos and may include related ratings. The review did
not involve a rating committee, and this publication does not
announce a credit rating action and is not an indication of whether
or not a credit rating action is likely in the near future; credit
ratings and/or outlook status cannot be changed in a portfolio
review and hence are not impacted by this announcement.

The credit profile of Laos (issuer rating Caa2) incorporates the
country's "b1" economic strength, balancing its high growth
potential against relatively low incomes and the small size of its
economy; its "caa1" institutions and governance strength score,
reflecting weak rankings in governance indicators, weak banking
sector oversight, and lengthening track record of effective
monetary management; the government's "caa2" fiscal strength
assessment, driven by a high government debt burden and narrow
revenue base that constrains fiscal flexibility, partially offset
by our expectations of rising revenues from hydropower exports, and
the country's "b" susceptibility to event risk is driven by
government liquidity and external vulnerability risks stemming from
the country's immediate external financing needs and limited
foreign exchange reserve adequacy.

The principal methodology used for this review was Sovereign
Ratings Methodology published in November 2019.




===============
M O N G O L I A
===============

MANDAL DAATGAL: A.M. Best Assigns B(Fair) Finc'l. Strength Rating
-----------------------------------------------------------------
AM Best has assigned a Financial Strength Rating of B (Fair) and
the Long-Term Issuer Credit Rating of "bb+" to Mandal Daatgal JSC
(Mandal) (Mongolia). The outlook assigned to these Credit Ratings
(ratings) is stable.

The ratings reflect Mandal's balance sheet strength, which AM Best
categorizes as strong, as well as its strong operating performance,
limited business profile and appropriate enterprise risk management
(ERM).

Mandal's strong balance sheet strength assessment is underpinned by
its strongest level of risk-adjusted capitalization, as measured by
Best's Capital Adequacy Ratio (BCAR), albeit the absolute size of
its capital and surplus (C&S) remains small. Mandal was the first
insurance company to be listed on the Mongolia stock exchange
through an initial public offering in 2018. The company's C&S grew
by 160% in 2018, supported by both the capital raised from its IPO
and profit retention during the year. The company's capital
continued to grow organically from retained earnings over the past
few years and amounted to MNT 20.7 billion (USD 7.9 million) as of
year-end 2019. The company's investment portfolio mainly consists
of short-term fixed-income investments including bonds and cash
deposits, with a small exposure to equities. Although its asset
allocation is considered prudent, Mandal's portfolio comprises a
material portion of domestic government and corporate bonds that
are low-rated or non-rated. While the company does not underwrite
natural catastrophe risk, it remains exposed to potential large
claims from mega mining projects. Notwithstanding, the underwriting
risk from the mega mining projects is mitigated through its
reinsurance programme with a diversified reinsurer panel of good
credit quality.

Mandal's strong operating performance is supported by positive
operating results in recent years with a strong return on equity of
above 30% in 2019, while profit was largely retained with its first
dividend paid during the same year. The company refined its
underwriting portfolio in 2017 to improve its overall underwriting
performance; the net combined ratio improved to 83% in 2019 from
100% in 2017, due to improvements in its net loss and net expense
ratios. With a relatively stable net investment yield of
approximately 14%, interest income generated by its fixed-income
investments continued to support the company's overall operating
results and has been the company's major profit driver over the
past few years. Going forward, AM Best expects that Mandal's
fixed-income assets will continue to support its overall operating
results.

Mandal's business has expanded rapidly in recent years. In 2019,
the company was the second largest player out of 14 non-life
insurance companies in Mongolia's non-life insurance market, based
on gross premium written. Notwithstanding, the company's book of
business remains limited in scale and concentrated on Mongolia's
small non-life insurance market. The company's underwriting
portfolio is diversified with major lines of business including
medical, contractor's all risk, motor physical damage and property.
The company mainly utilizes its direct sales team to source
business, which accounted for over 80% of 2019 GPW.

Although Mandal is well-positioned at its current rating level,
negative rating actions could occur if the company experiences a
material deterioration in its risk-adjusted capitalization, - for
example, due to ongoing sizeable dividend payouts - to a level that
no longer supports the strong balance sheet strength assessment, or
if its operating performance exhibits a sustained worsening trend.
Negative rating actions could also occur if the company exhibits a
material decline in the quality of its ERM to a level that no
longer supports the appropriate ERM assessment.




=====================
N E W   Z E A L A N D
=====================

DISCOVERIES EDUCARE: 11 Centres Placed Into Liquidation
-------------------------------------------------------
John Anthony at Stuff.co.nz reports that 11 early childhood
education centres belonging to the Discoveries Educare chain in
Auckland have been placed into liquidation with three more being
assessed by the liquidator.

Stuff reported earlier this month that 10 Discoveries Educare
centres have had their licences cancelled by the Ministry of
Education. Nine of those cancellations were because the centres
were not meeting Ministry of Education standards. One cancellation
was because the centre had closed.

Discoveries Educare in Papakura is the only centre still operating
in the chain and on Dec. 18 11 Discoveries Educare centres were put
into liquidation, according to Stuff.

Discoveries Educare won a Westpac best emerging business award in
2016 but later that year things went terribly wrong for the
business when four children were injured by a large tree falling
onto a playground at a Discoveries Educare centre in Newmarket.

Following a WorkSafe investigation the company was fined $172,000
and ordered to pay reparation of $46,200 in 2019.

According to Stuff, liquidator Pritesh Patel said the incident and
the fine that followed were damaging to the business.

Further bad press around inadequate staff resourcing exasperated an
already bad public relations problem the company had and customer
numbers began to fall, he said.

The Ministry of Education cancelling licences also affected the
business and to top it off the company had inadequate operating
infrastructure in place, he said.

"They were expanding too fast without having the proper controls in
place," the report quotes Pritesh as saying.

It was still being determined what creditors were owed, he said.

There would be minimal redundancies because most centres were
already in a state of hibernation, he said.

He said he was assessing three other Discoveries Educare businesses
next week to determine whether they were solvent. If they were
insolvent they would also be placed into liquidation, he said.

Discoveries Educare is owned by husband and wife Ajit Singh and
Rippan Sandhu, with Sandhu the sole director, Stuff discloses.

According to Stuff, the companies placed into liquidation on
Dec. 18 are:

    - Discoveries Educare Walter Rd Takanini
    - Discoveries Educare Ltd
    - Discoveries Educare Highland Park
    - Discoveries Educare Browns Bay
    - Discoveries Educare Mount Wellington
    - Discoveries Educare Target Road
    - Discoveries On Gadsby
    - Discoveries on Kolmar
    - Discoveries on Lincoln
    - Discoveries Educare Te Atatu Peninsula
    - Discoveries on Kelston

The Ministry of Education received 26 complaints about the chain in
2017 and 2018 and four complaints this year, the report notes.


PROVIDENT INSURANCE: A.M. Best Affirms B(Fair) Fin. Strength Rating
-------------------------------------------------------------------
AM Best has affirmed the Financial Strength Rating of B (Fair) and
the Long-Term Issuer Credit Rating of "bb+" of Provident Insurance
Corporation Limited (PICL) (New Zealand). The outlook of these
Credit Ratings (ratings) is stable.

The ratings reflect PICL's balance sheet strength, which AM Best
categorizes as adequate, as well as its adequate operating
performance, limited business profile and appropriate enterprise
risk management (ERM).

PICL's balance sheet strength assessment reflects its risk-adjusted
capitalization, which was at the strong level as of fiscal year-end
2020, as measured by Best's Capital Adequacy Ratio (BCAR). Due to
elevated planned underwriting growth over the medium term, AM Best
expects PICL's prospective risk-adjusted capitalization to weaken
but remain at least at the adequate level, as the company executes
its strategic plan. Other balance sheet factors include the
company's conservative investment strategy, and its relatively
small absolute capital base, which exposes its risk-adjusted
capitalization to potential volatility in stressed scenarios.

PICL's operating performance has generally exhibited an improving
trend since its inception in 2013, primarily driven by a favorable
trend in the expense ratio due to growing economies of scale.
However, in fiscal-year 2020, the company reported underwriting
losses with the combined ratio increasing to 105.8% from 97.2% in
the prior year. This was driven primarily by worse-than-expected
loss experience of the company's core insurance products including
motor vehicle insurance (MVI) and mechanical breakdown insurance
(MBI). The company has taken remedial actions to address the issue
by implementing targeted rate adjustments and strengthening
underwriting controls. AM Best expects successful execution of
these actions to drive a positive trend in operating performance
over the near to medium term, remaining supportive of the adequate
assessment.

AM Best views PICL's business profile as limited, given its
relatively small scale of operations and limited geographical
diversification, with all business emanating from New Zealand. The
company is a niche insurer that focuses on MBI and MVI product
segments, largely distributed through motor dealerships and several
distribution partners across New Zealand. PICL is exposed to a
moderate level of pricing risk arising from its high premium growth
and its exposure to multi-year duration policies.

AM Best assesses PICL's ERM as appropriate, given the size and the
complexity of its operations. However, given the company's
increasing operational scale and widening product offerings, the
scope and profile of its key risks have increased, and in response,
AM Best expects PICL's risk management capability to continue to
develop and strengthen over the medium term.

Ratings are communicated to rated entities prior to publication.
Unless stated otherwise, the ratings were not amended subsequent to
that communication.




=================
S I N G A P O R E
=================

FIRST REIT: Proposes SGD158.2MM Rights Issue to Avoid Debt Default
------------------------------------------------------------------
The Business Times reports that the manager of First Real Estate
Investment Trust (First Reit) on Dec. 28 announced a proposed
rights issue to raise gross proceeds of around SGD158.2 million,
which it said was "critical" for the Reit to meet its debt
covenants, and avoid an imminent default of 39.8 per cent of total
debt due on March 1 next year.

BT, citing an exchange filing, relates that the Reit's manager is
proposing to issue around 791.1 million units, which represents
around 98 per cent of the total units in issue as at Dec 23, 2020.
The renounceable rights issue will be on a pro rata basis of 98
rights units for every 100 existing units, at an indicative issue
price of 20 cents per rights unit.

According to BT, the issue price is at a discount of around 50.6
per cent to the closing price of 40.5 cents on Dec 24, and around
44.4 per cent discount to the pro forma net asset value per unit
after the completion of the proposed rights issue. It is also
approximately 33.3 per cent discount to the theoretical ex-rights
price of 30 cents per unit.

"The proposed rights issue is critical for First Reit," the manager
said. It noted that First Reit currently faces a "significant
refinancing hurdle" with around 80.2 per cent, or about SGD395.7
million, of its debt coming due within the next 18 months, with
39.8 per cent, or about SGD196.6 million, coming due on March 1
next year.

BT relates that the manager said the SGD158.2 million in gross
proceeds, together with up to SGD260 million in new bank
facilities, which was announced on Dec 24, will allow First Reit to
refinance its existing SGD400 million secured loan facilities,
including the repayment in March.

In support of the proposed rights issue, the manager and OUE Lippo
Healthcare have provided irrevocable undertakings to accept,
subscribe and pay in full for their respective total provisional
allotments of the rights units, the report relays.

In the event that the proposed rights issue is not underwritten,
OUE Limited has also provided an irrevocable undertaking that it
will procure that its wholly-owned subsidiary Clifford Development
(CDPL) applies, subscribes and pays in full any excess rights units
to the extent that they remain unsubscribed after the satisfaction
of all applications for excess rights units, according to BT.

Should the proposed rights issue be underwritten, OUE will commit
to the underwriters to procure that CDPL subscribes and pays in
full, the rights units to the extent that they are not successfully
subscribed for under the proposed rights issue, the report notes.

BT adds that the manager said the viability of the proposed rights
issue is dependent on it being able to provide certainty in respect
of the valuations and cash flows of First Reit's assets through the
proposed restructuring of master lease agreements for the hospitals
leased to Lippo Karawaci, announced last month.

First Reit will be convening an extraordinary general meeting on
Jan. 19 next year where unitholders will be required to approve the
resolution in respect of the master lease agreement restructuring,
BT states.

BT adds that unitholders will also need to vote on an ordinary
resolution for the proposed waiver by by unitholders other than
CDPL and its concert parties of their rights to receive a general
offer for their units in First Reit from CDPL.

The manager said the two resolutions are not inter-conditional upon
each other. The manager will not launch the proposed rights issue
unless the resolution on the master lease agreement restructuring
is passed.

If the resolution on the waiver is not passed, the manager said it
will not launch the proposed rights issue unless it is able to
arrange for the rights issue to be underwritten, BT relays.

The undertakings by OUE, OUE Lippo Healthcare and the manager are
also conditional to the passing of both resolutions.

"If the proposed rights issue does not proceed, First Reit will be
faced with a critical need to re-evaluate other funding options to
avoid going into financing default," the manager, as cited by BT,
said.

Victor Tan, executive director and chief executive officer of the
manager, said the recapitalisation of First Reit through the rights
issue and the proposed master lease agreement restructuring will
"allow First Reit to emerge from its current challenges and provide
the foundations for First Reit to be repositioned and focused on
delivering long-term returns for unitholders moving forward," BT
adds.

First Real Estate Investment Trust (First REIT) is a
Singapore-based healthcare real estate investment trust (REIT). The
Trust is focused on investing in healthcare and healthcare-related
real-estate assets throughout Asia. The Trust operates in
Indonesia, Singapore and South Korea. The Trust has an asset
portfolio of 17 properties across Asia, which include 13 properties
in Indonesia consisting of hospitals, a hotel and Country club and
an integrated hospital and hotel, three nursing homes in Singapore
and a hospital in South Korea. The Trust's properties in Indonesia
include Siloam Hospitals Makassar, Siloam Sriwijaya, Siloam
Hospitals Purwakarta, Siloam Hospitals Bali, and Imperial Aryaduta
Hotel & Country Club, among others. Its properties in Singapore
include Pacific Healthcare Nursing Home and The Lentor Residence.
Its Property in South Korea includes Sarang Hospital. Bowsprit
Capital Corporation Limited is the manager of First Real Estate
Investment Trust.




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

[*] BOND PRICING: For the Week Dec. 21, 2020 to Dec. 25, 2020
-------------------------------------------------------------
Issuer                  Coupon     Maturity    Currency    Price
------                  ------     --------    --------    -----

  AUSTRALIA
  ---------

ACN 113 874 712 PTY LTD    13.25    02/15/18      USD      0.15
ACN 113 874 712 PTY LTD    13.25    02/15/18      USD      0.15
BOART LONGYEAR MANAGEME    10.00    12/31/22      USD     72.23
CLEAN SEAS SEAFOOD LTD      8.00    11/18/22      AUD      1.07
CLIME CAPITAL LTD/FUND      6.25    11/30/21      AUD      0.98
GLENNON SMALL COS LTD       5.60    09/30/30      AUD     10.30
PALADIN ENERGY LTD         10.00    02/01/23      USD     58.19
PALADIN ENERGY LTD         10.00    02/01/23      USD     58.19
VIRGIN AUSTRALIA HOLDIN     8.00    11/26/24      AUD      5.02
VIRGIN AUSTRALIA HOLDIN     8.13    11/15/24      USD      7.93
VIRGIN AUSTRALIA HOLDIN     8.13    11/15/24      USD      8.00
VIRGIN AUSTRALIA HOLDIN     8.08    03/05/24      AUD      9.01
VIRGIN AUSTRALIA HOLDIN     8.25    05/30/23      AUD      8.08
VIRGIN AUSTRALIA HOLDIN     7.88    10/15/21      USD      7.98
VIRGIN AUSTRALIA HOLDIN     7.88    10/15/21      USD      8.25


   CHINA
   -----

AKESU DISTRICT GREEN IN     4.09    03/11/23      CNY     59.44
AKESU DISTRICT GREEN IN     4.09    03/11/23      CNY     59.47
AKESU XINCHENG ASSET IN     6.40    04/20/22      CNY     40.14
AKESU XINCHENG ASSET IN     6.40    04/20/22      CNY     40.24
ALTAY PREFECTURE STATE-     4.85    01/22/23      CNY     59.22
AN SHUN YU KUN REAL EST     5.48    11/10/21      CNY     39.67
ANHUI FOREIGN ECONOMIC      7.30    07/13/21      CNY     70.01
ANHUI JIANGNAN INDUSTRI     4.76    07/08/23      CNY     58.97
ANHUI JIANGNAN INDUSTRI     4.76    07/08/23      CNY     58.98
ANJI COUNTY STATE-OWNED     8.30    04/24/21      CNY     20.32
ANJI COUNTY STATE-OWNED     8.30    04/24/21      CNY     24.57
ANJI NORTHWEST DEVELOPM     5.90    07/18/23      CNY     59.61
ANJI NORTHWEST DEVELOPM     5.90    07/18/23      CNY     60.00
ANLU CONSTRUCTION DEVEL     5.45    06/15/23      CNY     60.24
ANLU CONSTRUCTION DEVEL     5.45    06/15/23      CNY     60.25
ANQING ECONOMIC&TECHNOL     4.09    03/09/23      CNY     59.66
ANQING ECONOMIC&TECHNOL     4.09    03/09/23      CNY     59.83
ANQING URBAN CONSTRUCTI     6.01    04/27/22      CNY     40.00
ANQING URBAN CONSTRUCTI     6.01    04/27/22      CNY     40.63
ANSHUN CITY CONSTRUCTIO     7.30    09/15/24      CNY     65.00
ANSHUN STATE-RUN ASSETS     4.48    07/18/23      CNY     55.51
ANSHUN STATE-RUN ASSETS     4.48    07/18/23      CNY     57.40
ANSHUN TRANSPORTATION D     7.50    10/31/24      CNY     65.00
ANSHUN XIXIU CITY INVES     4.70    11/22/23      CNY     57.01
ANSHUN XIXIU CITY INVES     4.70    11/22/23      CNY     58.65
BAOJI HI-TECH INDUSTRIA     8.25    04/21/21      CNY     20.00
BAOJI HI-TECH INDUSTRIA     8.25    04/21/21      CNY     20.15
BAOTOU CITY SCIENCE EDU     6.48    03/25/22      CNY     40.10
BAOTOU CITY SCIENCE EDU     6.48    03/25/22      CNY     45.50
BAOYING CITY CONSTRUCTI     4.50    03/24/23      CNY     59.64
BAOYING CITY CONSTRUCTI     4.50    03/24/23      CNY     60.06
BAYAN ZHUOER HETAO WATE     8.54    03/31/22      CNY     30.56
BAZHONG STATE-OWNED ASS     5.13    12/02/22      CNY     38.57
BAZHONG STATE-OWNED ASS     5.13    12/02/22      CNY     40.00
BAZHONG STATE-OWNED ASS     8.50    04/25/21      CNY     20.10
BAZHONG STATE-OWNED ASS     8.50    04/25/21      CNY     20.35
BEIJING CAPITAL DEVELOP     6.50    02/27/21      CNY     20.09
BEIJING CAPITAL DEVELOP     7.19    01/15/21      CNY     20.00
BEIJING CAPITAL DEVELOP     7.19    01/15/21      CNY     20.04
BEIJING CHANGXIN CONSTR     6.74    04/22/21      CNY     20.21
BEIJING CHANGXIN CONSTR     6.74    04/22/21      CNY     20.37
BEIJING FUTURE SCIENCE      4.20    08/13/22      CNY     40.04
BEIJING FUTURE SCIENCE      4.20    08/13/22      CNY     40.10
BEIJING HAIDIAN STATE-O     5.20    03/25/22      CNY     55.00
BEIJING SHIJINGSHAN STA     6.08    08/18/21      CNY     20.24
BEIJING SHIJINGSHAN STA     6.08    08/18/21      CNY     23.87
BEIJING XINCHENG INFRAS     7.50    04/21/21      CNY     20.24
BEIJING XINGZHAN INVEST     6.66    04/24/21      CNY     20.22
BEIPIAO CITY CONSTRUCTI     6.70    03/25/23      CNY     59.78
BEIPIAO CITY CONSTRUCTI     6.70    03/25/23      CNY     61.19
BENGBU GAOXIN INVESTMEN     8.70    04/17/21      CNY     20.00
BENGBU GAOXIN INVESTMEN     8.70    04/17/21      CNY     20.23
BENXI URBAN CONSTRUCTIO     6.24    01/22/22      CNY     40.00
BENXI URBAN CONSTRUCTIO     6.24    01/22/22      CNY     40.05
BIJIE CONSTRUCTION INVE     6.50    01/28/22      CNY     40.19
BIJIE CONSTRUCTION INVE     6.50    01/28/22      CNY     45.65
BIJIE DEXI CONSTRUCTION     5.10    12/05/23      CNY     56.75
BIJIE DEXI CONSTRUCTION     5.10    12/05/23      CNY     59.20
BIJIE DEXI CONSTRUCTION     4.60    11/17/23      CNY     56.41
BIJIE DEXI CONSTRUCTION     4.60    11/17/23      CNY     58.66
BIJIE KAIYUAN CONSTRUCT     7.78    02/25/21      CNY     20.06
BIJIE KAIYUAN CONSTRUCT     7.78    02/25/21      CNY     30.00
BIJIE QIXINGGUAN DISTRI     7.60    09/08/24      CNY     74.38
BINZHOU HI-TECH DEVELOP     8.60    01/10/21      CNY     20.03
BINZHOU HI-TECH DEVELOP     8.60    01/10/21      CNY     23.40
BINZHOU ZHANHUA DISTRIC     4.93    11/29/23      CNY     57.75
BINZHOU ZHANHUA DISTRIC     4.93    11/29/23      CNY     57.91
BINZHOU ZHONGHAI VENTUR     6.65    04/13/22      CNY     40.00
BINZHOU ZHONGHAI VENTUR     6.65    04/13/22      CNY     40.32
BOHAI LEASING CO LTD        7.00    06/20/21      CNY     30.00
BORALA MONGOL AUTONOMOU     5.77    08/26/22      CNY     39.00
BORALA MONGOL AUTONOMOU     5.77    08/26/22      CNY     40.06
BOZHOU URBAN CONSTRUCTI     4.78    04/14/23      CNY     59.40
BOZHOU URBAN CONSTRUCTI     4.78    04/14/23      CNY     60.30
BOZHOU YIJU REAL ESTATE     4.82    10/27/21      CNY     49.17
BOZHOU YIJU REAL ESTATE     4.82    10/27/21      CNY     49.60
BRILLIANCE AUTO GROUP H     5.80    06/17/24      CNY     60.78
BRILLIANCE AUTO GROUP H     5.80    03/20/24      CNY     54.80
BRILLIANCE AUTO GROUP H     5.80    11/05/23      CNY     44.72
BRILLIANCE AUTO GROUP H     5.80    11/05/23      CNY     59.80
BRILLIANCE AUTO GROUP H     6.30    09/14/23      CNY     44.75
BRILLIANCE AUTO GROUP H     5.40    09/14/23      CNY     55.80
BRILLIANCE AUTO GROUP H     6.30    09/14/23      CNY     56.93
BRILLIANCE AUTO GROUP H     6.50    06/03/22      CNY     44.75
BRILLIANCE AUTO GROUP H     6.50    04/18/22      CNY     44.75
BRILLIANCE AUTO GROUP H     6.50    03/13/22      CNY     44.75
BRILLIANCE AUTO GROUP H     6.50    01/22/22      CNY     44.75
BRILLIANCE AUTO GROUP H     5.30    10/23/20      CNY     44.75
CANGNAN COUNTY STATE OW     5.58    11/11/22      CNY     40.40
CEFC SHANGHAI INTERNATI     4.08    09/09/21      CNY     60.00
CEFC SHANGHAI INTERNATI     4.98    12/10/20      CNY     61.29
CHANG DE DING LI INDUST     4.30    03/10/23      CNY     59.78
CHANG DE DING LI INDUST     4.30    03/10/23      CNY     59.88
CHANGCHUN MODERN AGRICU     7.00    07/25/21      CNY     19.36
CHANGCHUN MODERN AGRICU     7.00    07/25/21      CNY     19.50
CHANGDE DE YUAN SHANTY      5.33    09/13/23      CNY     67.02
CHANGDE ECONOMIC CONSTR     7.00    03/24/21      CNY     20.14
CHANGDE ECONOMIC CONSTR     7.00    03/24/21      CNY     20.30
CHANGDE URBAN CONSTRUCT     3.59    01/12/23      CNY     59.57
CHANGDE URBAN CONSTRUCT     3.59    01/12/23      CNY     60.00
CHANGJI URBAN CONSTRUCT     4.24    11/18/23      CNY     58.20
CHANGJI URBAN CONSTRUCT     4.24    11/18/23      CNY     58.34
CHANGLE COUNTY NEWTOWN      5.18    12/16/22      CNY     59.95
CHANGLE COUNTY NEWTOWN      5.18    12/16/22      CNY     60.41
CHANGSHA COUNTY XINGCHE     7.90    03/25/22      CNY     41.16
CHANGSHA COUNTY XINGCHE     7.90    03/25/22      CNY     41.16
CHANGSHA ECONOMIC & TEC     8.45    04/13/22      CNY     30.57
CHANGSHA FURONG CITY DE     3.88    01/26/23      CNY     59.85
CHANGSHA FURONG CITY DE     3.88    01/26/23      CNY     60.67
CHANGSHA METRO GROUP CO     5.40    07/14/25      CNY     70.00
CHANGSHA METRO GROUP CO     5.97    04/03/25      CNY     72.31
CHANGSHA METRO GROUP CO     5.97    04/03/25      CNY     72.80
CHANGSHA METRO GROUP CO     6.20    04/23/23      CNY     45.87
CHANGSHA METRO GROUP CO     6.20    04/23/23      CNY     48.35
CHANGSHA TIANXIN CITY C     3.43    08/08/23      CNY     58.99
CHANGSHA TIANXIN CITY C     3.43    08/08/23      CNY     59.83
CHANGSHA TIANXIN CITY C     4.20    11/06/22      CNY     39.79
CHANGSHA TIANXIN CITY C     4.20    11/06/22      CNY     40.10
CHANGSHA YUHUA JINGKAI      4.17    09/06/23      CNY     58.93
CHANGSHA YUHUA JINGKAI      4.17    09/06/23      CNY     58.98
CHANGSHA YUHUA URBAN CO     3.80    01/28/23      CNY     59.62
CHANGSHA YUHUA URBAN CO     3.80    01/28/23      CNY     59.98
CHANGSHA YUHUA URBAN CO     7.17    04/18/21      CNY     20.19
CHANGSHA YUHUA URBAN CO     7.17    04/18/21      CNY     24.00
CHANGSHU BINJIANG URBAN     6.39    09/11/21      CNY     20.00
CHANGSHU BINJIANG URBAN     6.39    09/11/21      CNY     20.20
CHANGSHU DONGNAN ASSET      6.53    03/26/22      CNY     40.67
CHANGSHU DONGNAN ASSET      6.53    03/26/22      CNY     47.32
CHANGSHU TRANSPORTATION     7.00    04/29/21      CNY     20.23
CHANGSHU TRANSPORTATION     7.00    04/29/21      CNY     27.00
CHANGXING COMMUNICATION     6.75    06/16/21      CNY     20.03
CHANGXING COMMUNICATION     6.75    06/16/21      CNY     20.20
CHANGXING COMMUNICATION     7.88    04/30/21      CNY     20.24
CHANGXING COMMUNICATION     7.88    04/30/21      CNY     30.30
CHANGXING URBAN CONSTRU     6.00    12/03/21      CNY     19.00
CHANGXING URBAN CONSTRU     6.00    12/03/21      CNY     20.30
CHANGZHOU PUBLIC HOUSIN     6.64    07/02/21      CNY     20.07
CHANGZHOU PUBLIC HOUSIN     6.64    07/02/21      CNY     20.08
CHANGZHOU TIANNING CONS     6.48    02/12/22      CNY     40.00
CHANGZHOU TIANNING CONS     6.48    02/12/22      CNY     40.56
CHANGZHOU XINGANG ECONO     3.42    10/20/23      CNY     58.86
CHANGZHOU XINGANG ECONO     3.42    10/20/23      CNY     59.01
CHANGZHOU ZHONGLOU ECON     3.64    10/26/23      CNY     59.24
CHANGZHOU ZHONGLOU ECON     3.64    10/26/23      CNY     59.29
CHAOHU URBAN TOWN CONST     6.50    04/30/22      CNY     40.87
CHAOHU URBAN TOWN CONST     6.50    04/30/22      CNY     42.10
CHENGDU ECONOMIC & TECH     6.90    05/30/21      CNY     20.15
CHENGDU ECONOMIC & TECH     6.90    05/30/21      CNY     26.00
CHENGDU GARDEN WATER CI     6.15    05/03/23      CNY     59.40
CHENGDU GARDEN WATER CI     6.15    05/03/23      CNY     60.18
CHENGDU LONGBO INVESTME     8.10    04/24/21      CNY     20.16
CHENGDU PIDU DISTRICT S     6.95    04/01/22      CNY     40.00
CHENGDU PIDU DISTRICT S     6.95    04/01/22      CNY     48.83
CHENGDU SHUZHOU CITY CO     6.58    05/26/22      CNY     40.02
CHENGDU SHUZHOU CITY CO     6.58    05/26/22      CNY     40.50
CHENGDU XINGCHENGJIAN I     6.00    03/20/22      CNY     40.00
CHENGDU XINGCHENGJIAN I     6.00    03/20/22      CNY     40.55
CHENGDU XINGJIN ECOLOGI     3.65    10/13/23      CNY     58.47
CHENGDU XINGJIN ECOLOGI     3.65    10/13/23      CNY     59.22
CHENGDU XINKAIYUAN URBA     5.29    04/27/23      CNY     59.53
CHENGDU XINKAIYUAN URBA     5.29    04/27/23      CNY     59.53
CHENGDU XINKAIYUAN URBA     7.43    08/12/21      CNY     20.17
CHENGDU XINKAIYUAN URBA     7.43    08/12/21      CNY     21.00
CHENGFA INVESTMENT GROU     6.87    04/30/21      CNY     20.14
CHENGFA INVESTMENT GROU     6.87    04/30/21      CNY     21.37
CHENZHOU BAIFU INVESTME     4.96    03/22/26      CNY     73.02
CHENZHOU BAIFU INVESTME     4.96    03/22/26      CNY     73.63
CHENZHOU BAIFU INVESTME     6.54    08/28/21      CNY     19.47
CHENZHOU BAIFU INVESTME     6.54    08/28/21      CNY     20.00
CHENZHOU FUCHENG HIGH T     4.73    01/22/23      CNY     59.49
CHENZHOU FUCHENG HIGH T     4.73    01/22/23      CNY     59.55
CHENZHOU INDUSTRY INVES     6.45    01/23/22      CNY     39.96
CHENZHOU INDUSTRY INVES     6.45    01/23/22      CNY     48.60
CHENZHOU WENLV INDUSTRY     5.34    11/28/23      CNY     58.05
CHENZHOU XINTIAN INVEST     5.38    03/08/26      CNY     73.07
CHENZHOU XINTIAN INVEST     5.38    03/08/26      CNY     75.96
CHIBI LANTIAN URBAN CON     4.38    08/10/23      CNY     59.20
CHIBI LANTIAN URBAN CON     4.38    08/10/23      CNY     59.25
CHINA MINSHENG INVESTME     7.00    12/26/20      CNY     36.65
CHINA OCEANWIDE HOLDING     8.90    12/13/21      CNY     60.00
CHINA OCEANWIDE HOLDING     8.60    09/21/21      CNY     62.00
CHINA SECURITY CO LTD       4.45    11/11/19      CNY     31.00
CHINA YIXING ENVIRONMEN     4.08    09/14/23      CNY     59.20
CHINA YIXING ENVIRONMEN     4.08    09/14/23      CNY     59.20
CHONGQIN BAIYAN INVESTM     5.75    05/03/23      CNY     60.00
CHONGQIN BAIYAN INVESTM     5.75    05/03/23      CNY     60.52
CHONGQIN XINLIANG INVES     4.76    08/26/23      CNY     51.44
CHONGQIN XINLIANG INVES     4.76    08/26/23      CNY     56.86
CHONGQING BANAN ECONOMI     6.17    03/13/22      CNY     39.20
CHONGQING BANAN ECONOMI     6.17    03/13/22      CNY     40.29
CHONGQING BANAN ECONOMI     7.00    08/20/21      CNY     20.00
CHONGQING BANAN ECONOMI     7.00    08/20/21      CNY     20.24
CHONGQING BAYUAN CONSTR     4.99    08/16/23      CNY     58.20
CHONGQING BISHAN DISTRI     4.93    03/29/23      CNY     59.79
CHONGQING BISHAN DISTRI     4.93    03/29/23      CNY     59.88
CHONGQING CHANGSHOU ECO     7.20    07/15/21      CNY     20.15
CHONGQING CHANGSHOU ECO     7.20    07/15/21      CNY     20.40
CHONGQING CHANGSHOU ECO     7.10    06/19/21      CNY     20.00
CHONGQING CHANGSHOU ECO     7.10    06/19/21      CNY     20.02
CHONGQING DAZU INDUSTRI     6.30    04/28/22      CNY     39.22
CHONGQING DAZU INDUSTRI     6.30    04/28/22      CNY     40.00
CHONGQING ECO&TECH DEVE     3.95    04/13/23      CNY     59.84
CHONGQING FULING DISTRI     7.89    03/20/21      CNY     20.13
CHONGQING FULING DISTRI     7.89    03/20/21      CNY     27.33
CHONGQING FULING TRAFFI     6.68    02/03/22      CNY     40.00
CHONGQING FULING TRAFFI     6.68    02/03/22      CNY     40.36
CHONGQING GAOXIN ZONE D     7.80    04/25/21      CNY     20.25
CHONGQING GAOXIN ZONE D     7.80    04/25/21      CNY     30.80
CHONGQING GARDENING IND     8.45    06/03/21      CNY     20.00
CHONGQING GARDENING IND     8.45    06/03/21      CNY     20.36
CHONGQING HAOJIANG CONS     8.05    03/06/21      CNY     20.00
CHONGQING HAOJIANG CONS     8.05    03/06/21      CNY     20.13
CHONGQING HECHUAN CITY      3.95    09/06/23      CNY     59.43
CHONGQING HECHUAN CITY      3.95    09/06/23      CNY     59.49
CHONGQING HECHUAN CITY      7.30    07/07/21      CNY     20.33
CHONGQING HECHUAN CITY      7.30    07/07/21      CNY     21.00
CHONGQING JIANGBEIZUI C     6.50    07/21/21      CNY     20.34
CHONGQING JIN TONG INDU     4.44    11/16/23      CNY     55.97
CHONGQING JIN TONG INDU     4.44    11/16/23      CNY     57.13
CHONGQING JINYUN ASSET      4.50    12/31/22      CNY     59.73
CHONGQING JINYUN ASSET      4.50    12/31/22      CNY     59.89
CHONGQING JIULONG HI-TE     6.60    08/19/21      CNY     20.25
CHONGQING JIULONG HI-TE     6.60    08/19/21      CNY     20.26
CHONGQING KAIQIAN INVES     4.64    03/21/23      CNY     59.06
CHONGQING KAIQIAN INVES     4.64    03/21/23      CNY     59.31
CHONGQING LAND PROPERTI     3.36    03/21/23      CNY     59.67
CHONGQING LAND PROPERTI     3.36    03/21/23      CNY     60.10
CHONGQING LIANGJIANG NE     5.88    09/16/21      CNY     20.27
CHONGQING LIANGJIANG NE     3.10    08/05/21      CNY     39.70
CHONGQING LIANGJIANG NE     3.10    08/05/21      CNY     39.83
CHONGQING LIANGJIANG NE     6.70    04/25/21      CNY     20.19
CHONGQING LIANGJIANG NE     6.70    04/25/21      CNY     22.72
CHONGQING LIANGJIANG NE     3.60    04/19/21      CNY     40.00
CHONGQING LIANGJIANG NE     3.60    04/19/21      CNY     40.60
CHONGQING LIANGJIANG NE     3.17    01/13/21      CNY     39.97
CHONGQING MAIRUI URBAN      4.95    04/21/23      CNY     60.29
CHONGQING MAIRUI URBAN      4.95    04/21/23      CNY     60.34
CHONGQING NANCHUAN CITY     4.20    07/11/23      CNY     58.96
CHONGQING NANCHUAN CITY     4.20    07/11/23      CNY     59.62
CHONGQING QIANJIANG CIT     8.00    03/21/21      CNY     20.00
CHONGQING QIANJIANG CIT     8.00    03/21/21      CNY     20.07
CHONGQING QIJIANG EAST      4.00    09/05/23      CNY     57.97
CHONGQING QIJIANG EAST      4.00    09/05/23      CNY     58.13
CHONGQING SHUANGQIAO EC     5.99    11/19/21      CNY     20.02
CHONGQING SHUANGQIAO EC     5.99    11/19/21      CNY     26.25
CHONGQING TAX FREE PORT     7.50    04/24/21      CNY     20.17
CHONGQING TAX FREE PORT     7.50    04/24/21      CNY     21.70
CHONGQING TEA GARDEN IN     7.70    05/20/21      CNY     20.12
CHONGQING TONGLIANG JIN     6.59    04/08/22      CNY     40.00
CHONGQING TONGLIANG JIN     6.59    04/08/22      CNY     40.45
CHONGQING TONGNAN DISTR     4.99    12/31/22      CNY     59.24
CHONGQING TONGNAN DISTR     4.99    12/31/22      CNY     60.00
CHONGQING WANSHENG ECO      6.95    08/25/21      CNY     20.13
CHONGQING WANSHENG ECO      6.95    08/25/21      CNY     25.00
CHONGQING WANSHENG ECO      8.19    04/08/21      CNY     20.13
CHONGQING WANSHENG ECO      8.19    04/08/21      CNY     23.90
CHONGQING WANSHENG ECO      5.40    11/18/21      CNY     37.44
CHONGQING WANZHOU SANXI     4.95    08/25/22      CNY     40.21
CHONGQING WANZHOU SANXI     4.95    08/25/22      CNY     40.80
CHONGQING XINGRONG HOLD     4.86    03/31/23      CNY     58.50
CHONGQING XINGRONG HOLD     4.86    03/31/23      CNY     58.59
CHONGQING XIYONG MICRO-     6.58    07/25/21      CNY     20.27
CHONGQING XIYONG MICRO-     6.58    07/25/21      CNY     22.33
CHONGQING YONGCHUAN HUI     7.28    05/30/21      CNY     20.27
CHONGQING YONGCHUAN HUI     7.28    05/30/21      CNY     21.60
CHONGQING YUELAI INVEST     6.09    04/29/22      CNY     40.00
CHONGQING YUELAI INVEST     6.09    04/29/22      CNY     40.45
CHONGQING YUNAN ASSET M     7.05    06/17/21      CNY     20.25
CHONGQING YUZHONG STATE     7.25    02/26/21      CNY     20.13
CHUN'AN XINANJIANG DEVE     3.84    11/04/23      CNY     58.62
CHUN'AN XINANJIANG DEVE     3.84    11/04/23      CNY     58.92
CHUN'AN XINANJIANG DEVE     6.10    03/11/22      CNY     40.31
CHUN'AN XINANJIANG DEVE     6.10    03/11/22      CNY     44.55
CHUZHOU CITY CONSTRUCTI     6.30    11/30/21      CNY     30.58
CHUZHOU CITY CONSTRUCTI     6.40    08/22/21      CNY     20.30
CHUZHOU CITY CONSTRUCTI     6.40    08/22/21      CNY     20.31
CITIC GUOAN GROUP CORP      4.49    03/08/21      CNY     18.25
CITIC GUOAN GROUP CORP      4.23    12/15/20      CNY     18.25
CITIC GUOAN GROUP CORP      5.80    12/15/19      CNY     18.25
CITIC GUOAN GROUP CORP      4.90    11/06/19      CNY     18.25
CIXI CITY CONSTRUCTION      6.18    08/18/21      CNY     20.25
CIXI CITY CONSTRUCTION      6.18    08/18/21      CNY     28.80
DAFANG COUNTY CONSTRUCT     6.00    09/26/23      CNY     57.77
DAFANG COUNTY CONSTRUCT     6.00    09/26/23      CNY     58.85
DALI ECONOMIC DEVELOPME     7.90    03/04/21      CNY     20.00
DALI ECONOMIC DEVELOPME     7.90    03/04/21      CNY     20.08
DALI HAIDONG DEVELOPMEN     6.01    01/25/23      CNY     59.82
DALI HAIDONG DEVELOPMEN     6.01    01/25/23      CNY     60.05
DALIAN PULANDIAN CONSTR     3.80    01/25/23      CNY     57.34
DALIAN RONGDA INVESTMEN     5.69    12/05/21      CNY     20.26
DALIAN RONGQIANG INVEST     7.92    04/14/21      CNY     20.12
DALIAN RONGQIANG INVEST     7.92    04/14/21      CNY     20.13
DALIAN RONGQIANG INVEST     8.60    01/20/21      CNY     20.05
DALIAN RONGQIANG INVEST     8.60    01/20/21      CNY     20.05
DALIAN SHITAI CITY CONS     4.50    02/01/23      CNY     55.10
DALIAN SHITAI CITY CONS     4.50    02/01/23      CNY     55.61
DALIAN SHITAI CITY CONS     7.09    02/20/21      CNY     19.76
DANDONG PORT GROUP CO L     5.50    01/27/21      CNY     59.00
DANGTU COUNTY CONSTRUCT     5.38    08/10/22      CNY     40.30
DANGYANG XINYUAN INVEST     4.97    03/29/23      CNY     60.19
DANGYANG XINYUAN INVEST     4.97    03/29/23      CNY     60.21
DANGYANG XINYUAN INVEST     7.99    05/23/21      CNY     20.00
DANGYANG XINYUAN INVEST     7.99    05/23/21      CNY     20.27
DANYANG HI-TECH INDUSTR     6.40    04/24/22      CNY     39.59
DANYANG HI-TECH INDUSTR     6.40    04/24/22      CNY     40.00
DANYANG INVESTMENT GROU     3.99    01/25/23      CNY     58.15
DANYANG INVESTMENT GROU     3.99    01/25/23      CNY     59.29
DATONG ECONOMIC CONSTRU     4.49    10/22/22      CNY     40.03
DAWA COUNTY CITY CONSTR     6.29    06/12/22      CNY     39.13
DAWA COUNTY CITY CONSTR     6.29    06/12/22      CNY     39.30
DAWA COUNTY LINGANG ECO     5.99    10/19/24      CNY     69.92
DAWA COUNTY LINGANG ECO     5.99    10/19/24      CNY     70.12
DAYE ZHENHENG CITY DEVE     4.05    08/31/23      CNY     57.90
DAYE ZHENHENG CITY DEVE     4.05    08/31/23      CNY     58.29
DAYE ZHENHENG CITY DEVE     4.50    03/28/23      CNY     58.68
DAYE ZHENHENG CITY DEVE     4.50    03/28/23      CNY     59.02
DAYE ZHENHENG CITY DEVE     7.30    03/03/21      CNY     20.04
DAYE ZHENHENG CITY DEVE     7.30    03/03/21      CNY     23.53
DAZHOU DEVELOPMENT HOLD     5.10    11/27/22      CNY     40.00
DAZHOU DEVELOPMENT HOLD     5.10    11/27/22      CNY     40.14
DAZHOU DEVELOPMENT HOLD     6.55    01/14/22      CNY     40.00
DAZHOU DEVELOPMENT HOLD     6.55    01/14/22      CNY     40.30
DEHONGZHOU HONGKANG INV     6.68    01/23/22      CNY     40.15
DEHONGZHOU HONGKANG INV     6.68    01/23/22      CNY     40.17
DEQING CONSTRUCTION INV     3.60    11/11/23      CNY     58.39
DEQING CONSTRUCTION INV     3.60    11/11/23      CNY     59.04
DEXING INVESTMENT HOLDI     5.99    03/21/23      CNY     59.94
DEXING INVESTMENT HOLDI     5.99    03/21/23      CNY     60.58
DEYANG ECONOMIC DEVELOP     7.90    04/28/21      CNY     20.14
DEYANG ECONOMIC DEVELOP     7.90    04/28/21      CNY     28.26
DONGLING GROUP INC CO       8.00    07/14/22      CNY     40.00
DONGLING GROUP INC CO       8.00    07/14/22      CNY     40.86
DONGTAI STATE-OWNED ASS     3.04    11/16/23      CNY     58.39
DONGTAI UBAN CONSTRUCTI     7.58    04/23/21      CNY     20.18
DONGTAI UBAN CONSTRUCTI     7.58    04/23/21      CNY     28.48
DONGTAI UBAN CONSTRUCTI     8.65    01/13/21      CNY     20.04
DONGTAI UBAN CONSTRUCTI     8.65    01/13/21      CNY     20.50
DONGYING CITY URBAN ASS     5.57    03/31/22      CNY     40.30
DONGYING CITY URBAN ASS     5.57    03/31/22      CNY     41.58
DONGZHI COUNTY CITY OPE     4.88    06/20/23      CNY     59.73
DONGZHI COUNTY CITY OPE     4.88    06/20/23      CNY     60.07
DUJIANGYAN XINGYAN INVE     6.10    03/12/22      CNY     37.30
DUJIANGYAN XINGYAN INVE     6.10    03/12/22      CNY     38.93
DUNYUN STATE-OWNED ASSE     6.60    12/28/22      CNY     59.50
ENSHI URBAN CONSTRUCTIO     3.84    11/01/23      CNY     58.34
ENSHI URBAN CONSTRUCTIO     3.84    11/01/23      CNY     58.52
ENSHI URBAN CONSTRUCTIO     7.50    06/03/21      CNY     20.25
ENSHI URBAN CONSTRUCTIO     7.50    06/03/21      CNY     27.54
EZHOU CITY CONSTRUCTION     6.68    09/19/21      CNY     20.30
EZHOU CITY CONSTRUCTION     7.76    05/15/21      CNY     20.20
EZHOU CITY CONSTRUCTION     7.76    05/15/21      CNY     26.50
FANGCHENGGANG GANGFA HO     8.09    04/16/21      CNY     20.24
FEICHENG CITY ASSETS MA     4.04    03/23/23      CNY     59.20
FEICHENG CITY ASSETS MA     4.04    03/23/23      CNY     59.41
FEIXI COUNTY URBAN & RU     4.45    06/03/23      CNY     60.19
FEIXI COUNTY URBAN & RU     4.45    06/03/23      CNY     61.24
FENG COUNTY ECONOMIC DE     5.18    06/21/23      CNY     59.12
FENG COUNTY ECONOMIC DE     5.18    06/21/23      CNY     59.36
FENGCHENG CITY CONSTRUC     6.49    02/10/22      CNY     40.23
FENGCHENG CITY CONSTRUC     6.49    02/10/22      CNY     44.49
FENGCHENG CITY MODERN I     5.76    12/17/22      CNY     59.72
FENGCHENG CITY MODERN I     5.76    12/17/22      CNY     60.00
FENGXIAN URBAN INVESTME     6.48    03/20/22      CNY     40.00
FENGXIAN URBAN INVESTME     6.48    03/20/22      CNY     40.16
FENGXIAN URBAN INVESTME     4.23    07/13/21      CNY     19.81
FENGXIAN URBAN INVESTME     4.23    07/13/21      CNY     19.83
FENYI CITY CONSTRUCTION     4.54    08/22/23      CNY     58.17
FENYI CITY CONSTRUCTION     4.54    08/22/23      CNY     58.71
FUGU COUNTY STATE-OWNED     8.69    12/16/20      CNY     20.00
FUGU COUNTY STATE-OWNED     8.69    12/16/20      CNY     20.00
FUGUINIAO CO LTD            6.30    04/22/20      CNY     13.00
FUJIAN FUSHENG GROUP CO     7.90    12/17/21      CNY     70.99
FUJIAN FUSHENG GROUP CO     7.90    11/19/21      CNY     60.00
FUJIAN JINJIANG INDUSTR     7.08    06/27/21      CNY     20.19
FUJIAN JINJIANG INDUSTR     7.08    06/27/21      CNY     20.65
FUJIAN JINJIANG URBAN C     3.35    08/24/23      CNY     59.46
FUJIAN PROVINCE LIANJIA     6.29    04/30/22      CNY     40.00
FUJIAN PROVINCE LIANJIA     6.29    04/30/22      CNY     40.53
FUJIAN ZHANGLONG GROUP      4.99    08/07/22      CNY     40.00
FUJIAN ZHANGLONG GROUP      4.99    08/07/22      CNY     40.22
FUNING URBAN INVESTMENT     7.19    08/15/21      CNY     20.36
FUNING URBAN INVESTMENT     7.19    08/15/21      CNY     21.15
FUQING CITY STATE-OWNED     5.94    11/26/22      CNY     40.82
FUQING CITY STATE-OWNED     6.66    03/01/21      CNY     25.03
FUXIN INFRASTRUCTURE CO     6.18    03/18/22      CNY     39.95
FUZHOU CHANGLE DISTRICT     4.50    04/11/23      CNY     58.94
FUZHOU CHANGLE DISTRICT     4.50    04/11/23      CNY     59.87
FUZHOU DEVELOPMENT ZONE     3.53    08/25/23      CNY     59.24
FUZHOU DEVELOPMENT ZONE     3.53    08/25/23      CNY     59.35
FUZHOU LINCHUAN URBAN C     5.68    07/05/23      CNY     59.61
FUZHOU LINCHUAN URBAN C     5.68    07/05/23      CNY     59.72
FUZHOU URBAN AND RURAL      4.89    07/08/22      CNY     40.29
FUZHOU URBAN AND RURAL      4.89    07/08/22      CNY     40.55
FUZHOU URBAN AND RURAL      5.48    01/26/22      CNY     40.00
FUZHOU URBAN AND RURAL      5.48    01/26/22      CNY     40.37
GANSU PROVINCIAL HIGHWA     6.58    09/24/22      CNY     72.16
GANZHOU CITY DEVELOPMEN     5.50    06/16/22      CNY     40.00
GANZHOU CITY DEVELOPMEN     5.50    06/16/22      CNY     40.43
GANZHOU DEVELOPMENT INV     8.10    12/11/23      CNY     84.42
GANZHOU DEVELOPMENT ZON     7.43    02/19/21      CNY     19.00
GANZHOU DEVELOPMENT ZON     7.43    02/19/21      CNY     20.09
GAOMI STATE-OWNED ASSET     4.69    01/26/23      CNY     59.73
GAOMI STATE-OWNED ASSET     4.69    01/26/23      CNY     60.44
GAOYOU CITY CONSTRUCTIO     5.48    09/15/22      CNY     40.00
GAOYOU CITY CONSTRUCTIO     5.48    09/15/22      CNY     40.43
GAOYOU CITY ECONOMY DEV     3.65    09/02/23      CNY     59.35
GAOYOU CITY ECONOMY DEV     3.65    09/02/23      CNY     60.00
GOLMUD INVESTMENT HOLDI     8.70    12/30/20      CNY     20.00
GOLMUD INVESTMENT HOLDI     8.70    12/30/20      CNY     20.01
GONG'AN COUNTY CITY CON     4.30    08/30/23      CNY     58.83
GONG'AN COUNTY CITY CON     4.30    08/30/23      CNY     59.13
GONGQINGCHENG FINANCIAL     5.85    03/25/23      CNY     59.14
GONGQINGCHENG FINANCIAL     5.85    03/25/23      CNY     59.96
GOOCOO INVESTMENT CO LT     8.00    02/01/21      CNY     50.00
GUANGAN DEVELOPMENT AND     6.39    03/24/22      CNY     40.36
GUANGAN DEVELOPMENT AND     6.39    03/24/22      CNY     44.00
GUANGAN ECONOMIC & TECH     5.16    04/14/23      CNY     58.80
GUANGAN ECONOMIC & TECH     5.16    04/14/23      CNY     59.41
GUANGAN ECONOMIC & TECH     7.10    09/22/21      CNY     20.18
GUANGAN ECONOMIC & TECH     7.10    09/22/21      CNY     20.18
GUANGAN TRANSPORTATION      5.39    12/01/23      CNY     59.19
GUANGDONG HUIZHOU COMMU     4.16    05/17/23      CNY     59.89
GUANGDONG HUIZHOU COMMU     4.16    05/17/23      CNY     60.15
GUANGRAO COUNTY ECONOMI     3.61    09/08/23      CNY     59.54
GUANGRAO COUNTY ECONOMI     3.61    09/08/23      CNY     60.00
GUANGXI BAISE DEVELOPME     7.27    06/20/21      CNY     20.00
GUANGXI BAISE DEVELOPME     7.27    06/20/21      CNY     20.11
GUANGXI LAIBIN INDUSTRI     5.97    11/26/21      CNY     20.00
GUANGXI LAIBIN INDUSTRI     5.97    11/26/21      CNY     20.12
GUANGXI QINZHOU LINHAI      7.68    02/20/21      CNY     20.04
GUANGXI QINZHOU LINHAI      7.68    02/20/21      CNY     24.77
GUANGXI URBAN CONSTRUCT     7.59    04/14/21      CNY     20.12
GUANGXI URBAN CONSTRUCT     7.59    04/14/21      CNY     23.00
GUANGYUAN INVESTMENT HO     7.30    04/22/21      CNY     20.18
GUANGYUAN INVESTMENT HO     7.30    04/22/21      CNY     21.15
GUANGYUAN YUANQU CONSTR     4.48    03/10/23      CNY     58.40
GUANGYUAN YUANQU CONSTR     4.48    03/10/23      CNY     58.41
GUANGYUAN YUANQU CONSTR     8.35    08/26/21      CNY     20.30
GUANGYUAN YUANQU CONSTR     8.35    08/26/21      CNY     27.00
GUANGZHOU HUANTOU NANSH     6.38    11/18/24      CNY     60.55
GUANGZHOU HUANTOU NANSH     6.38    11/18/24      CNY     60.71
GUANGZHOU METRO GROUP C     6.05    06/03/24      CNY     62.30
GUANGZHOU METRO GROUP C     6.05    06/03/24      CNY     62.51
GUANGZHOU METRO GROUP C     6.45    04/02/24      CNY     60.00
GUANGZHOU METRO GROUP C     6.45    04/02/24      CNY     62.69
GUILIN CITY INVESTMENT      6.90    06/13/21      CNY     20.00
GUILIN CITY INVESTMENT      6.90    06/13/21      CNY     20.13
GUILIN ECONOMIC CONSTRU     5.60    04/22/22      CNY     40.00
GUILIN ECONOMIC CONSTRU     5.60    04/22/22      CNY     40.40
GUIRENNIAO CO LTD           7.00    12/03/19      CNY     49.50
GUIXI CITY CONSTRUCTION     4.18    08/18/23      CNY     58.93
GUIXI CITY CONSTRUCTION     4.18    08/18/23      CNY     58.95
GUIYANG BAIYUN CITY CON     4.75    09/13/26      CNY     72.16
GUIYANG BAIYUN CITY CON     4.75    09/13/26      CNY     73.92
GUIYANG BAIYUN INDUSTRY     7.30    03/27/22      CNY     40.01
GUIYANG BAIYUN INDUSTRY     7.30    03/27/22      CNY     45.00
GUIYANG CITY CONSTRUCTI     4.00    11/14/26      CNY     74.66
GUIYANG CITY CONSTRUCTI     4.00    11/14/26      CNY     74.81
GUIYANG GUANSHANHU DIST     4.48    03/09/23      CNY     58.60
GUIYANG GUANSHANHU DIST     4.48    03/09/23      CNY     58.63
GUIYANG GUANSHANHU DIST     4.87    01/28/23      CNY     58.98
GUIYANG GUANSHANHU DIST     4.87    01/28/23      CNY     58.99
GUIYANG URBAN CONSTRUCT     5.23    12/02/22      CNY     39.65
GUIYANG URBAN CONSTRUCT     5.23    12/02/22      CNY     40.00
GUIZHOU EAST LAKE CITY      5.18    01/06/23      CNY     58.60
GUIZHOU EAST LAKE CITY      5.18    01/06/23      CNY     60.32
GUIZHOU FANJINGSHAN INV     6.95    01/28/22      CNY     40.00
GUIZHOU FANJINGSHAN INV     6.95    01/28/22      CNY     40.17
GUIZHOU GUIAN CONSTRUCT     4.17    10/28/22      CNY     40.08
GUIZHOU GUIAN CONSTRUCT     4.17    10/28/22      CNY     41.00
GUIZHOU GUILONG INDUSTR     7.80    04/28/22      CNY     24.73
GUIZHOU GUILONG INDUSTR     7.80    04/28/22      CNY     50.79
GUIZHOU HONGCAI INVESTM     6.00    06/07/23      CNY     48.45
GUIZHOU HONGCAI INVESTM     6.00    06/07/23      CNY     48.73
GUIZHOU LIUPANSHUI PAND     7.30    07/24/24      CNY     53.80
GUIZHOU RAILWAY INVESTM     7.50    04/23/24      CNY     62.47
GUIZHOU RAILWAY INVESTM     7.20    03/27/22      CNY     40.10
GUIZHOU RAILWAY INVESTM     7.20    03/27/22      CNY     40.73
GUIZHOU SHUICHENG CITY      4.98    11/22/23      CNY     54.37
GUIZHOU SHUICHENG CITY      4.98    11/22/23      CNY     54.44
GUIZHOU XINDONGGUAN CIV     7.70    09/05/24      CNY     70.05
GULIN STATE-OWNED ASSET     4.18    08/04/23      CNY     58.38
GULIN STATE-OWNED ASSET     4.18    08/04/23      CNY     59.58
HAIAN COUNTY DEVELOPMEN     5.45    04/13/23      CNY     59.33
HAIAN COUNTY DEVELOPMEN     5.45    04/13/23      CNY     59.55
HAIAN DEVELOPMENT ZONE      4.47    11/16/23      CNY     57.91
HAIAN DEVELOPMENT ZONE      4.47    11/16/23      CNY     58.36
HAIAN URBAN DEMOLITION      5.08    11/27/22      CNY     40.60
HAIAN URBAN DEMOLITION      5.08    11/27/22      CNY     40.88
HAICHENG URBAN JINCAI L     5.37    08/10/23      CNY     59.82
HAICHENG URBAN JINCAI L     8.17    04/16/21      CNY     20.12
HAICHENG URBAN JINCAI L     8.56    12/19/20      CNY     20.01
HAIFENG MARINE INFRASTR     6.84    04/29/22      CNY     40.37
HAIKOU MEILAN INTERNATI     5.25    09/06/19      USD     52.86
HAIMEN CITY DEVELOPMENT     6.22    04/03/22      CNY     40.66
HAIMEN CITY DEVELOPMENT     6.22    04/03/22      CNY     42.20
HAINAN AIRLINES HOLDING     6.20    05/24/21      CNY     54.01
HAINING CITY DEVELOPMEN     5.58    10/22/21      CNY     20.29
HAINING CITY DEVELOPMEN     5.58    10/22/21      CNY     20.70
HAIXI STATE-OWNED CAPIT     8.60    01/02/21      CNY     20.03
HAIXI STATE-OWNED CAPIT     8.60    01/02/21      CNY     20.20
HAMI JIANHUI STATE-OWNE     3.90    09/21/23      CNY     58.03
HAMI JIANHUI STATE-OWNE     3.90    09/21/23      CNY     58.55
HANCHENG CITY INVESTMEN     4.69    12/05/23      CNY     56.88
HANCHENG CITY INVESTMEN     4.69    12/05/23      CNY     57.09
HANCHUAN CITY HANRONG I     4.25    07/18/23      CNY     58.73
HANCHUAN CITY HANRONG I     4.25    07/18/23      CNY     59.17
HANDAN CONSTRUCTION & I     5.48    05/27/22      CNY     40.53
HANDAN CONSTRUCTION & I     5.48    05/27/22      CNY     47.20
HANGZHOU CANAL COMPREHE     3.40    10/17/23      CNY     58.89
HANGZHOU CANAL COMPREHE     3.40    10/17/23      CNY     59.13
HANGZHOU CITY CONSTRUCT     3.80    03/14/23      CNY     59.84
HANGZHOU CITY CONSTRUCT     3.80    03/14/23      CNY     60.00
HANGZHOU FUYANG CITY CO     7.20    03/19/21      CNY     20.14
HANGZHOU FUYANG CITY CO     7.20    03/19/21      CNY     20.15
HANGZHOU FUYANG DEVELOP     4.76    01/27/23      CNY     60.09
HANGZHOU FUYANG DEVELOP     4.76    01/27/23      CNY     60.16
HANGZHOU FUYANG DEVELOP     7.70    04/28/21      CNY     20.26
HANGZHOU FUYANG DEVELOP     7.70    04/28/21      CNY     29.00
HANGZHOU GONGSHU DISTRI     6.90    07/21/21      CNY     20.25
HANGZHOU GONGSHU DISTRI     6.90    07/21/21      CNY     20.40
HANGZHOU METRO GROUP CO     5.97    09/17/24      CNY     62.28
HANGZHOU METRO GROUP CO     5.97    09/17/24      CNY     62.51
HANGZHOU WEST LAKE INVE     4.30    04/25/23      CNY     60.19
HANGZHOU WEST LAKE INVE     4.30    04/25/23      CNY     60.38
HANGZHOU XIAOSHAN ECO&T     6.90    05/13/21      CNY     20.14
HANGZHOU XIAOSHAN QIANJ     4.00    03/22/23      CNY     59.86
HANGZHOU XIAOSHAN QIANJ     4.00    03/22/23      CNY     59.92
HANGZHOU YUHANG CITY CO     7.00    03/03/21      CNY     20.10
HANGZHOU YUHANG ECONOMI     7.45    03/03/21      CNY     20.14
HANGZHOU YUHANG ECONOMI     7.45    03/03/21      CNY     20.75
HANGZHOU YUHANG TRANSPO     7.19    04/18/21      CNY     20.15
HANGZHOU YUHANG TRANSPO     7.19    04/18/21      CNY     21.85
HAWTAI MOTOR GROUP LTD      6.10    10/26/21      CNY     74.00
HAWTAI MOTOR GROUP LTD      7.20    04/14/21      CNY     60.00
HEBEI ZHONGYUE CITY CON     4.10    11/16/21      CNY     19.83
HEBEI ZHONGYUE CITY CON     4.10    11/16/21      CNY     19.85
HEBI INVESTMENTS GROUP      7.88    08/01/21      CNY     20.29
HEBI INVESTMENTS GROUP      7.88    08/01/21      CNY     20.99
HECHI CITY CONSTRUCTION     5.58    11/13/22      CNY     39.73
HECHI CITY CONSTRUCTION     5.58    11/13/22      CNY     42.42
HECHI STATE-OWNED ASSET     4.37    11/04/23      CNY     57.63
HECHI STATE-OWNED ASSET     4.37    11/04/23      CNY     58.37
HEFEI CONSTRUCTION INVE     7.20    04/29/24      CNY     62.71
HEFEI XINCHENG STATE-OW     4.13    07/15/23      CNY     59.15
HEFEI XINCHENG STATE-OW     4.13    07/15/23      CNY     59.52
HEILONGJIANG HECHENG CO     7.05    06/21/22      CNY     30.36
HEILONGJIANG HECHENG CO     5.60    11/11/21      CNY     20.00
HEISHAN TONGHE ASSET MA     6.79    09/18/22      CNY     39.28
HEISHAN TONGHE ASSET MA     6.79    09/18/22      CNY     39.31
HENAN ENERGY & CHEMICAL     6.98    10/31/23      CNY     28.74
HENAN ENERGY & CHEMICAL     6.98    11/02/21      CNY     29.07
HENGYANG BAISHAZHOU DEV     6.87    08/22/21      CNY     20.12
HENGYANG BAISHAZHOU DEV     6.87    08/22/21      CNY     24.50
HENGYANG COMMUNICATION      4.28    01/21/23      CNY     59.60
HENGYANG COMMUNICATION      4.28    01/21/23      CNY     60.00
HENGYANG XIANGJIANG WAT     7.40    04/23/21      CNY     20.19
HENGYANG XIANGJIANG WAT     7.40    04/23/21      CNY     21.10
HESHAN PUBLIC ASSET MAN     5.08    12/07/23      CNY     60.28
HESHAN PUBLIC ASSET MAN     5.08    12/07/23      CNY     80.15
HESHAN PUBLIC ASSET MAN     4.08    09/28/23      CNY     58.15
HESHAN PUBLIC ASSET MAN     4.08    09/28/23      CNY     58.63
HETIAN YUXIN STATE-OWNE     4.65    03/28/23      CNY     59.03
HETIAN YUXIN STATE-OWNE     4.65    03/28/23      CNY     59.36
HEYUAN CITY RUNYE INVES     6.20    12/03/21      CNY     20.17
HEYUAN CITY RUNYE INVES     6.20    12/03/21      CNY     25.88
HEZE INVESTMENT DEVELOP     7.14    03/24/21      CNY     20.12
HEZE INVESTMENT DEVELOP     7.14    03/24/21      CNY     20.95
HEZHOU URBAN CONSTRUCTI     8.16    05/16/21      CNY     20.19
HEZHOU URBAN CONSTRUCTI     8.16    05/16/21      CNY     21.00
HNA GROUP CO LTD            5.99    11/27/22      CNY     29.10
HNA GROUP CO LTD            7.10    04/15/20      CNY     70.00
HUACHEN ENERGY CO LTD       6.63    05/18/20      USD     34.83
HUAIAN CITY HUAIAN DIST     4.63    05/03/23      CNY     59.71
HUAIAN CITY URBAN ASSET     5.70    04/23/22      CNY     40.55
HUAIAN CITY URBAN ASSET     5.70    04/23/22      CNY     41.54
HUAIAN CITY XUYI URBAN      5.10    04/15/23      CNY     59.34
HUAIAN CITY XUYI URBAN      5.10    04/15/23      CNY     59.78
HUAI'AN DEVELOPMENT HOL     7.30    03/10/21      CNY     20.15
HUAI'AN DEVELOPMENT HOL     7.30    03/10/21      CNY     27.84
HUAIAN HONGRI TRANSPORT     5.09    04/20/23      CNY     58.01
HUAIAN HONGRI TRANSPORT     5.09    04/20/23      CNY     58.79
HUAIAN HONGZE DISTRICT      4.37    07/18/23      CNY     58.56
HUAIAN HONGZE DISTRICT      4.37    07/18/23      CNY     58.61
HUAI'AN NEW CITY INVEST     6.95    07/28/21      CNY     20.25
HUAI'AN NEW CITY INVEST     6.95    07/28/21      CNY     27.50
HUAI'AN NEW CITY INVEST     7.45    03/04/21      CNY     20.00
HUAI'AN NEW CITY INVEST     7.45    03/04/21      CNY     20.09
HUAIHUA CITY CONSTRUCTI     4.18    08/31/23      CNY     58.41
HUAIHUA CITY CONSTRUCTI     4.18    08/31/23      CNY     58.64
HUAIHUA ECONOMIC DEVELO     6.80    03/26/22      CNY     40.00
HUAIHUA ECONOMIC DEVELO     6.80    03/26/22      CNY     40.21
HUAIHUA TRANSPORTATION      4.96    04/12/23      CNY     59.29
HUAIHUA TRANSPORTATION      4.96    04/12/23      CNY     59.32
HUAINAN URBAN CONSTRUCT     6.79    07/09/21      CNY     20.26
HUAINAN URBAN CONSTRUCT     6.79    07/09/21      CNY     20.26
HUANGGANG CITY CONSTRUC     4.08    01/18/23      CNY     59.88
HUANGGANG CITY CONSTRUC     7.45    03/04/21      CNY     20.11
HUANGGANG CITY CONSTRUC     7.45    03/04/21      CNY     20.30
HUANGGANG CITY CONSTRUC     8.60    12/25/20      CNY     20.03
HUANGSHAN CHENGTOU GROU     5.95    05/06/22      CNY     40.54
HUANGSHAN CHENGTOU GROU     5.95    05/06/22      CNY     40.65
HUANGSHI CIHU HIGH-TECH     4.97    06/08/23      CNY     59.66
HUANGSHI CIHU HIGH-TECH     4.97    06/08/23      CNY     59.90
HUANGSHI CIHU HIGH-TECH     4.50    06/08/23      CNY     59.92
HUANGSHI CIHU HIGH-TECH     4.50    06/08/23      CNY     63.00
HUANGSHI CIHU HIGH-TECH     9.30    01/21/21      CNY     20.07
HUANGSHI URBAN CONSTRUC     5.99    04/29/22      CNY     40.00
HUANGSHI URBAN CONSTRUC     5.99    04/29/22      CNY     40.51
HUAWEN MEDIA GROUP          6.00    04/04/23      CNY     68.70
HUAWEN MEDIA GROUP          5.45    11/08/22      CNY     63.41
HUBEI PROVINCE CHANGJIA     6.15    04/03/22      CNY     40.56
HUBEI PROVINCE CHANGJIA     6.15    04/03/22      CNY     42.40
HUBEI SUPPLY AND MARKET     6.70    08/23/24      CNY     74.78
HULUDAO INVESTMENT GROU     7.50    10/18/23      CNY     46.27
HULUNBEIER INVESTMENT C     6.31    04/30/22      CNY     40.05
HULUNBEIER INVESTMENT C     6.31    04/30/22      CNY     40.36
HUNAN CHANGDE DEYUAN IN     6.50    06/16/21      CNY     20.16
HUNAN CHANGDE DEYUAN IN     6.50    06/16/21      CNY     22.25
HUNAN CHUZHISHENG HOLDI     5.60    12/18/22      CNY     60.49
HUNAN CHUZHISHENG HOLDI     5.60    12/18/22      CNY     60.58
HUNAN JINYANG INVESTMEN     4.39    04/06/23      CNY     59.18
HUNAN JINYANG INVESTMEN     4.39    04/06/23      CNY     59.30
HUNAN JINYANG INVESTMEN     4.37    01/19/23      CNY     59.56
HUNAN JINYANG INVESTMEN     4.37    01/19/23      CNY     59.59
HUNAN JINYANG INVESTMEN     5.70    11/27/21      CNY     18.60
HUNAN JINYANG INVESTMEN     5.70    11/27/21      CNY     20.07
HUNAN JINYANG NEW CITY      4.43    10/23/22      CNY     39.87
HUNAN JINYANG NEW CITY      4.43    10/23/22      CNY     39.92
HUNAN LINGANG DEVELOPME     3.94    10/26/23      CNY     57.14
HUNAN LINGANG DEVELOPME     3.94    10/26/23      CNY     57.14
HUNAN LINGANG DEVELOPME     4.24    07/21/23      CNY     58.70
HUNAN LINGANG DEVELOPME     4.24    07/21/23      CNY     59.15
HUNAN LOUDI ECONOMIC &      4.89    03/30/23      CNY     56.63
HUNAN LOUDI ECONOMIC &      4.89    03/30/23      CNY     57.73
HUNAN LOUDI ECONOMIC &      6.36    03/13/22      CNY     38.96
HUNAN LOUDI ECONOMIC &      6.36    03/13/22      CNY     47.00
HUNAN PROVINCIAL RAILWA     6.09    04/30/25      CNY     70.00
HUNAN PROVINCIAL RAILWA     6.09    04/30/25      CNY     72.95
HUNAN SENTE INDUSTRIAL      6.90    11/28/24      CNY     40.00
HUNAN SHAODONG ECO-INDU     6.58    12/13/23      CNY     61.64
HUNAN SHAODONG ECO-INDU     6.50    01/11/23      CNY     59.24
HUNAN SHAODONG ECO-INDU     6.50    01/11/23      CNY     59.31
HUNAN TIER GROUP CO LTD     4.20    03/17/23      CNY     57.66
HUNAN TIER GROUP CO LTD     4.20    03/17/23      CNY     58.71
HUNAN TIER GROUP CO LTD     7.10    03/03/21      CNY     20.14
HUNAN TIER GROUP CO LTD     7.10    03/03/21      CNY     20.30
HUNAN TIER GROUP CO LTD     8.00    12/23/20      CNY     20.05
HUNAN TIER GROUP CO LTD     8.00    12/23/20      CNY     22.72
HUNAN XIANGJIANG NEW AR     7.36    03/17/21      CNY     20.00
HUNAN XIANGJIANG NEW AR     7.36    03/17/21      CNY     20.18
HUNAN YOUZHOU INVESTMEN     4.80    07/07/23      CNY     59.74
HUNAN YOUZHOU INVESTMEN     4.80    07/07/23      CNY     59.75
HUZHOU URBAN CONSTRUCTI     6.48    08/28/21      CNY     20.25
HUZHOU URBAN CONSTRUCTI     6.48    08/28/21      CNY     22.38
HUZHOU WUXING NANTAIHU      8.79    01/16/21      CNY     20.00
HUZHOU WUXING NANTAIHU      8.79    01/16/21      CNY     20.06
HUZHOU XISAISHAN DEVELO     7.80    04/29/21      CNY     20.00
HUZHOU XISAISHAN DEVELO     7.80    04/29/21      CNY     20.26
INNER MONGOLIA JINLONG      7.30    11/19/22      CNY     39.50
INNER MONGOLIA JINLONG      7.30    11/19/22      CNY     39.92
INNER MONGOLIA KE'ERQIN     6.45    04/30/22      CNY     38.92
INNER MONGOLIA KE'ERQIN     6.45    04/30/22      CNY     40.00
INNER MONGOLIA KE'ERQIN     6.50    03/11/22      CNY     39.09
INNER MONGOLIA KE'ERQIN     6.50    03/11/22      CNY     40.00
INNER MONGOLIA SHENGXIA     8.18    08/21/21      CNY     20.04
INNER MONGOLIA SHENGXIA     8.18    08/21/21      CNY     24.00
INNER MONGOLIA ZHUNGEER     6.54    12/31/21      CNY     40.53
INNER MONGOLIA ZHUNGEER     6.54    12/31/21      CNY     42.10
JIAN CITY JINGANGSHAN D     4.87    01/27/23      CNY     59.26
JIAN CITY JINGANGSHAN D     4.87    01/27/23      CNY     59.79
JIAN CITY JINGANGSHAN D     7.99    06/03/21      CNY     20.15
JIAN CITY JINGANGSHAN D     7.99    06/03/21      CNY     20.87
JIANAN INVESTMENT HOLDI     3.85    09/05/23      CNY     59.24
JIANAN INVESTMENT HOLDI     3.50    09/05/23      CNY     59.28
JIANAN INVESTMENT HOLDI     3.85    09/05/23      CNY     59.46
JIANAN INVESTMENT HOLDI     3.50    09/05/23      CNY     61.00
JIANAN INVESTMENT HOLDI     4.30    03/08/23      CNY     59.86
JIANAN INVESTMENT HOLDI     4.30    03/08/23      CNY     59.91
JIANAN INVESTMENT HOLDI     6.85    05/23/21      CNY     20.17
JIANAN INVESTMENT HOLDI     6.85    05/23/21      CNY     26.50
JIANGDONG HOLDING GROUP     7.14    04/24/21      CNY     20.17
JIANGMEN NEW HI-TECH IN     6.03    04/22/22      CNY     40.56
JIANGMEN NEW HI-TECH IN     6.03    04/22/22      CNY     41.10
JIANGSU BEIGU INDUSTRIA     5.80    06/20/23      CNY     60.11
JIANGSU BEIGU INDUSTRIA     5.80    06/20/23      CNY     60.63
JIANGSU DAHANG LINGANG      5.18    09/22/23      CNY     58.64
JIANGSU DAHANG LINGANG      5.18    09/22/23      CNY     58.82
JIANGSU GAOCHUN ECONOMI     3.92    11/23/23      CNY     59.29
JIANGSU GAOCHUN ECONOMI     3.92    11/23/23      CNY     59.29
JIANGSU GAOCHUN ECONOMI     3.67    09/23/23      CNY     59.13
JIANGSU GAOCHUN ECONOMI     3.67    09/23/23      CNY     59.22
JIANGSU HAIZHOU DEVELOP     4.67    06/06/23      CNY     60.00
JIANGSU HAIZHOU DEVELOP     4.67    06/06/23      CNY     61.51
JIANGSU HAIZHOUWAN DEVE     5.37    03/29/23      CNY     44.20
JIANGSU HANRUI INVESTME     5.00    08/31/23      CNY     57.62
JIANGSU HANRUI INVESTME     5.00    08/31/23      CNY     58.76
JIANGSU HANRUI INVESTME     4.63    04/15/23      CNY     59.95
JIANGSU HANRUI INVESTME     4.63    04/15/23      CNY     60.51
JIANGSU JINGUAN INVESTM     7.90    04/08/21      CNY     20.18
JIANGSU JINGUAN INVESTM     7.90    04/08/21      CNY     20.80
JIANGSU JINTAN GUOFA IN     4.60    08/22/23      CNY     58.75
JIANGSU JINTAN GUOFA IN     4.60    08/22/23      CNY     59.22
JIANGSU JINTAN GUOFA IN     6.85    05/30/21      CNY     20.00
JIANGSU JINTAN GUOFA IN     6.85    05/30/21      CNY     20.19
JIANGSU JURONG FUDI BIO     7.70    03/21/21      CNY     40.25
JIANGSU JURONG FUDI BIO     7.70    03/21/21      CNY     40.28
JIANGSU NANTONG NO2 CON     8.10    07/10/21      CNY     20.16
JIANGSU RUNCHENG ASSET      7.88    04/16/21      CNY     20.19
JIANGSU RUNCHENG ASSET      7.88    04/16/21      CNY     28.80
JIANGSU RUNQI WANGUO IN     4.14    10/21/21      CNY     29.34
JIANGSU RUNQI WANGUO IN     4.14    10/21/21      CNY     29.92
JIANGSU SUHAI INVESTMEN     7.28    05/29/21      CNY     20.12
JIANGSU SUHAI INVESTMEN     7.28    05/29/21      CNY     25.00
JIANGSU TAICANG PORT DE     7.40    04/28/21      CNY     20.00
JIANGSU TAICANG PORT DE     7.40    04/28/21      CNY     20.16
JIANGSU WUZHONG ECONOMI     5.49    11/19/21      CNY     20.28
JIANGSU WUZHONG ECONOMI     5.49    11/19/21      CNY     20.32
JIANGSU XISHAN ECONOMIC     5.78    07/20/22      CNY     40.00
JIANGSU XISHAN ECONOMIC     5.78    07/20/22      CNY     40.57
JIANGSU YANGKOU PORT CO     6.23    04/10/22      CNY     40.44
JIANGSU YANGKOU PORT CO     6.23    04/10/22      CNY     47.50
JIANGSU YINGZHOU DEVELO     4.33    09/21/23      CNY     57.66
JIANGSU YINGZHOU DEVELO     4.33    09/21/23      CNY     57.99
JIANGSU YIXING ECONOMIC     7.69    04/18/21      CNY     20.21
JIANGSU YIXING ECONOMIC     7.69    04/18/21      CNY     30.19
JIANGSU ZHANGJIAGANG EC     3.95    03/22/23      CNY     59.92
JIANGSU ZHANGJIAGANG EC     3.95    03/22/23      CNY     60.00
JIANGSU ZHUFU INDUSTRIA     4.47    07/20/23      CNY     56.30
JIANGSU ZHUFU INDUSTRIA     4.47    07/20/23      CNY     58.53
JIANGSU ZHUFU INDUSTRIA     4.93    12/29/20      CNY     40.02
JIANGXI HEJI INVESTMENT     5.09    12/17/22      CNY     59.94
JIANGXI HEJI INVESTMENT     5.09    12/17/22      CNY     60.00
JIANGXI HUIHENG PROPERT     4.43    08/30/21      CNY     39.31
JIANGXI HUIHENG PROPERT     4.43    08/30/21      CNY     39.99
JIANGXI LONGHU MOUNTAIN     4.35    03/16/23      CNY     59.44
JIANGXI LONGHU MOUNTAIN     4.35    03/16/23      CNY     59.45
JIANGXI PINGXIANG CHANG     8.18    05/22/21      CNY     20.30
JIANGXI PINGXIANG CHANG     8.18    05/22/21      CNY     29.34
JIANGXI PROVINCE SITONG     8.20    04/18/21      CNY     20.31
JIANGXI PROVINCE SITONG     8.20    04/18/21      CNY     20.37
JIANGYOU HONGFEI INVEST     6.55    09/02/22      CNY     40.31
JIANGYOU HONGFEI INVEST     6.55    09/02/22      CNY     40.53
JIANHU COUNTY DEVELOPME     7.29    09/25/21      CNY     20.18
JIANHU COUNTY DEVELOPME     7.29    09/25/21      CNY     22.75
JIANHU URBAN CONSTRUCTI     6.30    06/01/22      CNY     39.67
JIANHU URBAN CONSTRUCTI     6.30    06/01/22      CNY     42.86
JIANHU URBAN CONSTRUCTI     3.28    10/13/21      CNY     39.29
JIANHU URBAN CONSTRUCTI     3.28    10/13/21      CNY     41.00
JIANYANG DEVELOPMENT HO     3.93    11/10/23      CNY     56.96
JIANYANG DEVELOPMENT HO     3.93    11/10/23      CNY     57.70
JIAXING ECONOMIC&TECHNO     7.89    03/05/21      CNY     20.10
JIAXING ECONOMIC&TECHNO     7.89    03/05/21      CNY     21.13
JIAXING NANHU INVESTMEN     7.45    02/26/21      CNY     20.08
JIAXING NANHU INVESTMEN     7.45    02/26/21      CNY     21.80
JIAXING XIANGJIADANG DE     3.87    09/21/23      CNY     57.98
JIAXING XIANGJIADANG DE     3.87    09/21/23      CNY     59.36
JIAXING XIANGJIADANG DE     4.13    07/20/23      CNY     59.58
JIAXING XIANGJIADANG DE     4.13    07/20/23      CNY     59.61
JIAYU COUNTY URBAN TOWN     5.70    01/19/23      CNY     60.35
JIAYU COUNTY URBAN TOWN     5.70    01/19/23      CNY     60.35
JIAYUGUAN CITY INFRASTR     7.83    09/23/21      CNY     20.00
JIAYUGUAN CITY INFRASTR     7.83    09/23/21      CNY     20.13
JIEYANG CITY INVESTMENT     6.55    08/27/21      CNY     20.18
JIEYANG CITY INVESTMENT     6.55    08/27/21      CNY     20.40
JILIN CITY CONSTRUCTION     3.80    01/27/23      CNY     59.39
JILIN CITY CONSTRUCTION     3.80    01/27/23      CNY     59.90
JILIN ECONOMIC AND TECH     6.20    04/29/23      CNY     59.68
JILIN ECONOMIC AND TECH     6.20    04/29/23      CNY     60.20
JILIN NORTHEAST SOCK IN     7.50    05/19/22      CNY     71.10
JILIN NORTHEAST SOCK IN     6.80    12/19/21      CNY     70.00
JILIN RAILWAY INVESTMEN     7.18    03/04/21      CNY     20.09
JINAN CITY CONSTRUCTION     6.80    03/20/21      CNY     20.12
JINAN CITY CONSTRUCTION     6.80    03/20/21      CNY     20.26
JINAN CITY LICHENG DIST     5.00    06/23/22      CNY     39.63
JINAN CITY LICHENG DIST     5.00    06/23/22      CNY     40.26
JINAN HI-TECH HOLDING G     6.38    06/19/21      CNY     20.14
JINCHANG CONSTRUCTION I     6.79    12/21/22      CNY     60.00
JINCHANG CONSTRUCTION I     6.79    12/21/22      CNY     60.44
JINCHENG STATE-OWNED CA     4.99    11/11/21      CNY     20.09
JINGDEZHEN CERAMIC CULT     5.38    11/27/22      CNY     39.83
JINGDEZHEN CERAMIC CULT     5.38    11/27/22      CNY     40.00
JINGHONG STATE-OWNED AS     8.08    05/23/21      CNY     19.94
JINGHONG STATE-OWNED AS     8.08    05/23/21      CNY     20.00
JINGJIANG CITY INVESTME     4.55    03/30/23      CNY     59.67
JINGJIANG CITY INVESTME     4.55    03/30/23      CNY     59.71
JINGJIANG HARBOUR GROUP     7.30    08/05/21      CNY     20.18
JINGJIANG HARBOUR GROUP     7.30    08/05/21      CNY     28.68
JINGMEN CITY CONSTRUCTI     6.85    07/09/22      CNY     30.00
JINGMEN CITY CONSTRUCTI     6.85    07/09/22      CNY     30.63
JINGMEN HIGH-TECH DEVEL     4.15    07/28/23      CNY     58.70
JINGMEN HIGH-TECH DEVEL     4.15    07/28/23      CNY     59.09
JINGMEN HIGH-TECH DEVEL     5.48    08/11/22      CNY     39.80
JINGMEN HIGH-TECH DEVEL     5.48    08/11/22      CNY     39.98
JINGSHAN JINGCHENG INVE     4.38    08/29/23      CNY     58.69
JINGSHAN JINGCHENG INVE     4.38    08/29/23      CNY     59.75
JINGZHOU URBAN CONSTRUC     3.97    03/10/23      CNY     59.58
JINGZHOU URBAN CONSTRUC     3.97    03/10/23      CNY     59.68
JINHU COUNTY STATE-OWNE     4.00    07/26/22      CNY     49.68
JINHU COUNTY STATE-OWNE     4.00    07/26/22      CNY     49.83
JINHU COUNTY STATE-OWNE     7.75    08/25/21      CNY     20.35
JINHU COUNTY STATE-OWNE     7.75    08/25/21      CNY     21.33
JINING CITY SHIZHONG DI     3.52    09/14/23      CNY     58.92
JINING CITY SHIZHONG DI     6.39    01/29/22      CNY     40.30
JINING CITY SHIZHONG DI     6.39    01/29/22      CNY     44.44
JINING HIGH TECH URBAN      6.09    04/30/22      CNY     40.53
JINING HIGH TECH URBAN      6.09    04/30/22      CNY     41.50
JINSHA COUNTY CONSTRUCT     6.01    09/05/23      CNY     58.66
JINSHA COUNTY CONSTRUCT     6.01    09/05/23      CNY     58.80
JINTANG MODERN AGRICULT     5.49    07/14/23      CNY     58.51
JINTANG MODERN AGRICULT     5.49    07/14/23      CNY     59.25
JINZHAI URBAN DEVELOPME     5.90    04/25/23      CNY     60.86
JINZHAI URBAN DEVELOPME     5.90    04/25/23      CNY     60.97
JINZHOU CITY INVESTMENT     6.44    08/18/21      CNY     20.02
JINZHOU CITY INVESTMENT     6.44    08/18/21      CNY     24.91
JINZHOU CITY INVESTMENT     8.50    12/27/20      CNY     20.00
JINZHOU CITY INVESTMENT     8.50    12/27/20      CNY     20.02
JINZHOU HUAXING INVESTM     8.38    02/25/21      CNY     20.09
JINZHOU HUAXING INVESTM     8.38    02/25/21      CNY     25.00
JINZHOU HUAXING INVESTM     9.10    01/21/21      CNY     20.06
JINZHOU HUAXING INVESTM     9.10    01/21/21      CNY     20.90
JISHOU HUATAI STATE OWN     7.18    02/09/22      CNY     40.15
JISHOU HUATAI STATE OWN     7.18    02/09/22      CNY     42.82
JIUJIANG CITY CONSTRUCT     5.50    05/22/22      CNY     39.55
JIUJIANG CITY CONSTRUCT     5.50    05/22/22      CNY     40.57
JIUJIANG LAND INVESTMEN     6.20    03/23/22      CNY     40.36
JIUJIANG LAND INVESTMEN     6.20    03/23/22      CNY     40.51
JIUJIANG LIANXI DISTRIC     4.58    03/30/23      CNY     59.26
JIUJIANG LIANXI DISTRIC     4.58    03/30/23      CNY     59.30
JIUQUAN ECONOMIC DEVELO     7.40    02/26/21      CNY     20.07
JIUQUAN ECONOMIC DEVELO     7.40    02/26/21      CNY     20.60
JIXI STATE OWN ASSET MA     6.87    01/19/22      CNY     40.00
JIXI STATE OWN ASSET MA     6.87    01/19/22      CNY     40.85
JIZHONG ENERGY FENGFENG     6.43    05/08/22      CNY     92.33
JIZHONG ENERGY GROUP CO     6.05    08/13/22      CNY     59.79
JIZHONG ENERGY GROUP CO     6.50    01/19/21      CNY     75.20
KAIFENG URBAN OPERATION     6.35    03/23/22      CNY     40.09
KAIFENG URBAN OPERATION     6.35    03/23/22      CNY     40.09
KAIFU CITY DEVELOPMENT      3.73    08/22/23      CNY     59.00
KAIFU CITY DEVELOPMENT      3.73    08/22/23      CNY     59.15
KAIFU CITY DEVELOPMENT      4.20    01/21/23      CNY     58.50
KAIFU CITY DEVELOPMENT      4.20    01/21/23      CNY     59.79
KAILI GUIZHOU TOWN CONS     4.20    10/13/23      CNY     55.61
KAILI GUIZHOU TOWN CONS     4.20    10/13/23      CNY     56.22
KAILI GUIZHOU TOWN CONS     5.29    12/17/22      CNY     58.35
KAILI GUIZHOU TOWN CONS     5.29    12/17/22      CNY     60.00
KANGMEI PHARMACEUTICAL      5.47    09/15/22      CNY     31.88
KANGMEI PHARMACEUTICAL      5.29    08/16/22      CNY     31.91
KANGMEI PHARMACEUTICAL      5.20    07/17/22      CNY     31.88
KANGMEI PHARMACEUTICAL      6.33    01/27/22      CNY     36.69
KANGMEI PHARMACEUTICAL      6.80    06/28/21      CNY     31.88
KANGMEI PHARMACEUTICAL      7.00    06/21/21      CNY     31.88
KANGMEI PHARMACEUTICAL      5.50    04/20/21      CNY     20.09
KANGMEI PHARMACEUTICAL      6.10    03/28/21      CNY     31.88
KANGMEI PHARMACEUTICAL      6.28    03/20/21      CNY     31.88
KASHI URBAN CONSTRUCTIO     5.80    07/20/22      CNY     40.00
KASHI URBAN CONSTRUCTIO     5.80    07/20/22      CNY     40.27
KUNMING DONGJUN REAL ES     4.50    11/02/21      CNY     24.65
KUNSHAN COMMUNICATION D     6.95    05/22/21      CNY     20.27
KUNSHAN COMMUNICATION D     6.95    05/22/21      CNY     25.45
KUNSHAN HIGH TECHNOLOGY     7.10    03/26/21      CNY     19.80
KUNSHAN HIGH TECHNOLOGY     7.10    03/26/21      CNY     20.14
LAIWU CITY ECONOMIC DEV     7.08    02/28/21      CNY     20.12
LAIWU CITY ECONOMIC DEV     7.08    02/28/21      CNY     20.60
LANZHOU STATE OWNED ASS     6.32    09/10/21      CNY     14.90
LANZHOU STATE OWNED ASS     6.32    09/10/21      CNY     19.99
LAOHEKOU CITY CONSTRUCT     6.75    08/12/22      CNY     40.24
LAOHEKOU CITY CONSTRUCT     6.75    08/12/22      CNY     40.34
LEIYANG CITY AND RURAL      7.80    04/10/22      CNY     40.99
LEIYANG CITY AND RURAL      7.80    04/10/22      CNY     40.99
LEPING STATE-OWNED ASSE     3.70    10/20/23      CNY     58.62
LEPING STATE-OWNED ASSE     3.70    10/20/23      CNY     59.13
LEQING CITY STATE OWNED     5.99    10/20/21      CNY     20.35
LEQING CITY STATE OWNED     5.99    10/20/21      CNY     20.85
LESHAN STATE-OWNED ASSE     5.68    10/22/21      CNY     20.00
LESHAN STATE-OWNED ASSE     5.68    10/22/21      CNY     20.26
LIANYUNGANG TRANSPORT G     5.47    11/17/21      CNY     20.19
LIANYUNGANG TRANSPORT G     5.47    11/17/21      CNY     25.00
LIAOCHENG ANTAI URBAN R     5.16    04/11/23      CNY     59.10
LIAOCHENG ANTAI URBAN R     4.58    04/11/23      CNY     59.57
LIAOCHENG ANTAI URBAN R     5.16    04/11/23      CNY     59.97
LIAOCHENG ANTAI URBAN R     4.58    04/11/23      CNY     60.03
LIAOCHENG XINGYE ECONOM     5.20    04/13/23      CNY     58.78
LIAOCHENG XINGYE ECONOM     5.20    04/13/23      CNY     60.41
LIAONING COASTAL ECONOM     8.90    04/01/21      CNY      3.63
LIAONING COASTAL ECONOM     8.90    04/01/21      CNY     11.03
LIAONING GUANLONG CONST     4.70    11/10/23      CNY     58.53
LIAONING GUANLONG CONST     4.70    11/10/23      CNY     58.75
LIAONING YAODU DEVELOPM     6.50    04/29/23      CNY     60.60
LILING HIGH-TECH INDUST     4.93    01/19/23      CNY     59.17
LILING HIGH-TECH INDUST     4.93    01/19/23      CNY     59.86
LINFEN YAODU DISTRICT I     7.19    03/13/22      CNY     40.45
LINFEN YAODU DISTRICT I     7.19    03/13/22      CNY     40.49
LINYI CITY DEVELOPMENT      3.85    11/22/23      CNY     59.08
LINYI CITY DEVELOPMENT      3.85    11/22/23      CNY     59.39
LISHUI CITY CULTURAL TO     5.67    08/13/22      CNY     40.36
LIUPANSHUI DEVELOPMENT      3.74    01/20/23      CNY     59.65
LIUPANSHUI MINSHENG INV     5.08    01/29/23      CNY     58.74
LIUPANSHUI MINSHENG INV     5.08    01/29/23      CNY     59.46
LIUYANG MODERN MANUFACT     4.72    01/19/23      CNY     59.04
LIUYANG MODERN MANUFACT     4.72    01/19/23      CNY     59.23
LIUYANG URBAN CONSTRUCT     4.45    05/24/23      CNY     60.05
LIUYANG URBAN CONSTRUCT     4.45    05/24/23      CNY     60.08
LIUYANG URBAN CONSTRUCT     6.98    08/22/21      CNY     20.37
LIUZHOU CITY INVESTMENT     7.18    12/31/22      CNY     45.35
LIUZHOU DONGTONG INVEST     4.45    07/22/23      CNY     57.36
LIUZHOU DONGTONG INVEST     4.45    07/22/23      CNY     57.87
LIUZHOU INVESTMENT HOLD     4.28    03/08/23      CNY     58.61
LIUZHOU INVESTMENT HOLD     4.28    03/08/23      CNY     58.99
LIUZHOU LONGJIAN INVEST     8.28    04/30/24      CNY     62.19
LIYANG KUNLUN URBAN CON     5.90    10/24/21      CNY     18.00
LIYANG KUNLUN URBAN CON     5.90    10/24/21      CNY     20.16
LONGHAI STATE-OWNED ASS     6.58    08/15/21      CNY     20.20
LONGYAN RAILWAY CONSTRU     4.98    04/13/23      CNY     59.38
LONGYAN RAILWAY CONSTRU     4.98    04/13/23      CNY     59.68
LOUDI CITY CONSTRUCTION     7.95    04/15/21      CNY     20.20
LOUDI CITY CONSTRUCTION     7.95    04/15/21      CNY     30.31
LOUDI TIDU INVESTMENT D     4.83    01/20/23      CNY     59.55
LOUDI TIDU INVESTMENT D     4.83    01/20/23      CNY     59.71
LOUDI TIDU INVESTMENT D     7.18    08/27/21      CNY     19.91
LOUDI TIDU INVESTMENT D     7.18    08/27/21      CNY     20.00
LOUDI WANBAO NEW DISTRI     4.42    08/01/23      CNY     58.44
LOUDI WANBAO NEW DISTRI     4.42    08/01/23      CNY     58.61
LOUDI WANBAO NEW DISTRI     5.13    02/01/23      CNY     59.41
LOUDI WANBAO NEW DISTRI     5.13    02/01/23      CNY     59.51
LU'AN CITY CONSTRUCTION     5.05    04/26/21      CNY     50.16
LU'AN CITY CONSTRUCTION     3.97    02/22/21      CNY     50.00
LUJIANG CITY CONSTRUCTI     6.70    04/16/22      CNY     40.00
LUJIANG CITY CONSTRUCTI     6.70    04/16/22      CNY     40.53
LUOYANG CITY COUNTRY CO     4.28    04/26/23      CNY     58.85
LUOYANG CITY COUNTRY CO     4.28    04/26/23      CNY     60.15
LUOYANG CITY DEVELOPMEN     4.47    12/02/22      CNY     40.00
LUOYANG CITY DEVELOPMEN     4.47    12/02/22      CNY     40.20
LUZHOU FUYANG INVESTMEN     5.00    08/11/23      CNY     59.70
LUZHOU FUYANG INVESTMEN     5.00    08/11/23      CNY     59.85
LUZHOU XINGLU INVESTMEN     6.41    04/23/25      CNY     70.00
LUZHOU XINGLU INVESTMEN     6.41    04/23/25      CNY     73.40
LUZHOU XINGYANG INVESTM     4.87    01/28/23      CNY     59.28
LUZHOU XINGYANG INVESTM     4.87    01/28/23      CNY     59.33
MA'ANSHAN CIHU HIGH TEC     3.90    11/28/23      CNY     59.05
MA'ANSHAN CIHU HIGH TEC     3.90    11/28/23      CNY     60.40
MA'ANSHAN CIHU HIGH TEC     6.85    09/09/21      CNY     20.26
MA'ANSHAN CIHU HIGH TEC     6.85    09/09/21      CNY     23.00
MAANSHAN ECONOMIC TECHN     6.49    03/06/22      CNY     40.24
MAANSHAN ECONOMIC TECHN     6.49    03/06/22      CNY     44.99
MAANSHAN HUASHAN DISTRI     6.07    04/20/22      CNY     40.57
MAANSHAN HUASHAN DISTRI     6.07    04/20/22      CNY     40.60
MAANSHAN SOUTHERN INDUS     4.43    09/02/23      CNY     58.60
MAANSHAN SOUTHERN INDUS     4.43    09/02/23      CNY     58.86
MAANSHAN SOUTHERN INDUS     4.53    07/25/23      CNY     58.41
MAANSHAN SOUTHERN INDUS     4.53    07/25/23      CNY     59.19
MEISHAN ASSET MANAGEMEN     7.84    02/26/21      CNY     20.10
MEISHAN CITY DONGPO DEV     5.90    06/30/23      CNY     58.46
MEISHAN CITY DONGPO DEV     5.90    06/30/23      CNY     59.15
MEISHAN HONGDA CONSTRUC     4.18    03/28/23      CNY     58.99
MEISHAN HONGDA CONSTRUC     4.18    03/28/23      CNY     59.00
MEIZHOU CITY XIN JIN YE     6.02    04/22/22      CNY     40.45
MEIZHOU CITY XIN JIN YE     6.02    04/22/22      CNY     45.32
MEIZHOU MEI COUNTY DIST     5.00    12/30/22      CNY     59.93
MEIZHOU MEI COUNTY DIST     5.00    12/30/22      CNY     60.00
MUDANJIANG AREA URBAN D     6.48    06/30/22      CNY     40.09
MUDANJIANG AREA URBAN D     6.48    06/30/22      CNY     45.00
MUDANJIANG STATE-OWNED      7.70    04/14/21      CNY     20.11
MUDANJIANG STATE-OWNED      7.70    04/14/21      CNY     20.11
MUNICIPALITY OF SHENZHE     3.00    03/29/22      CNY     60.00
MUNICIPALITY OF SHENZHE     3.00    03/29/22      CNY     60.00
NANCHANG ECONOMY TECHNO     3.83    09/22/23      CNY     59.19
NANCHANG ECONOMY TECHNO     3.83    09/22/23      CNY     59.30
NANCHONG AIRPORT INVEST     6.80    01/26/22      CNY     40.08
NANCHONG AIRPORT INVEST     6.80    01/26/22      CNY     40.18
NANCHONG ECONOMIC DEVEL     8.28    04/21/21      CNY     20.17
NANCHONG ECONOMIC DEVEL     8.28    04/21/21      CNY     31.20
NANJING BAIXIA STATE-OW     3.98    03/29/23      CNY     59.72
NANJING BAIXIA STATE-OW     3.98    03/29/23      CNY     59.75
NANJING JIANGNING ECONO     7.94    04/14/24      CNY     63.50
NANJING JIANGNING ECONO     7.94    04/14/24      CNY     63.52
NANJING JIANGNING URBAN     3.48    11/11/23      CNY     58.42
NANJING JIANGNING URBAN     3.48    11/11/23      CNY     59.32
NANJING JIANYE SCIENCE      4.37    06/24/23      CNY     59.80
NANJING JIANYE SCIENCE      4.37    06/24/23      CNY     59.95
NANJING LISHUI ECONOMIC     3.41    11/09/23      CNY     59.15
NANJING LISHUI ECONOMIC     6.27    09/22/21      CNY     20.27
NANJING LISHUI ECONOMIC     6.27    09/22/21      CNY     21.29
NANJING LISHUI URBAN CO     4.97    04/28/23      CNY     60.12
NANJING LISHUI URBAN CO     4.97    04/28/23      CNY     60.29
NANJING METRO GROUP CO      3.29    08/29/23      CNY     59.48
NANJING QIXIA STATE-OWN     4.10    06/24/23      CNY     59.63
NANJING QIXIA STATE-OWN     4.10    06/24/23      CNY     60.08
NANJING STATE OWNED ASS     5.60    03/06/23      CNY     45.73
NANJING TANGSHAN CONSTR     6.80    06/30/21      CNY     20.26
NANJING TANGSHAN CONSTR     6.80    06/30/21      CNY     26.80
NANNING HI-TECH INDUSTR     3.82    10/20/23      CNY     57.87
NANNING HI-TECH INDUSTR     3.82    10/20/23      CNY     58.30
NANNING HI-TECH INDUSTR     4.28    03/25/23      CNY     55.20
NANNING HI-TECH INDUSTR     4.28    03/25/23      CNY     59.10
NANNING LVGANG CONSTRUC     7.30    06/27/21      CNY     20.05
NANNING LVGANG CONSTRUC     7.30    06/27/21      CNY     24.80
NANPING CITY WUYI NEW D     4.96    09/28/22      CNY     40.18
NANPING CITY WUYI NEW D     4.96    09/28/22      CNY     40.60
NANTONG CHONGCHUAN URBA     5.70    07/21/22      CNY     70.00
NANTONG CHONGCHUAN URBA     5.70    07/21/22      CNY     71.00
NANTONG CHONGCHUAN URBA     7.15    04/18/21      CNY     20.26
NANTONG CHONGCHUAN URBA     7.15    04/18/21      CNY     25.40
NANTONG CITY GANGZHA DI     3.80    09/06/21      CNY     39.68
NANTONG CITY GANGZHA DI     3.80    09/06/21      CNY     39.78
NANTONG CITY TONGZHOU D     3.75    07/07/23      CNY     59.51
NANTONG HIGH TECHNOLOGY     5.00    10/19/22      CNY     40.36
NANTONG HIGH TECHNOLOGY     5.00    10/19/22      CNY     41.52
NANTONG SUTONG SCIENCE      6.20    03/18/22      CNY     40.00
NANTONG SUTONG SCIENCE      6.20    03/18/22      CNY     40.50
NANYANG HIGH-TECH DISTR     6.45    04/29/23      CNY     60.26
NANYANG HIGH-TECH DISTR     6.45    04/29/23      CNY     61.08
NEIJIANG CITY XINGYUAN      4.28    08/16/23      CNY     57.85
NEIJIANG CITY XINGYUAN      4.28    08/16/23      CNY     58.03
NEIJIANG INVESTMENT HOL     7.99    04/24/21      CNY     20.18
NEIJIANG INVESTMENT HOL     7.99    04/24/21      CNY     28.53
NEIJIANG STATE-OWNED AS     6.20    04/12/23      CNY     59.33
NEIJIANG STATE-OWNED AS     6.20    04/12/23      CNY     59.41
NEIJINAG CONSTRUCTION E     5.03    12/25/22      CNY     56.36
NEIJINAG CONSTRUCTION E     5.03    12/25/22      CNY     59.86
NEOGLORY HOLDING GROUP      8.00    10/22/20      CNY     56.00
NEOGLORY HOLDING GROUP      8.00    09/25/20      CNY     60.00
NEOGLORY HOLDING GROUP      8.10    11/23/18      CNY     72.00
NINGBO CITY HAISHU GUAN     7.75    03/06/21      CNY     20.13
NINGBO CITY HAISHU GUAN     7.75    03/06/21      CNY     26.30
NINGBO CITY ZHENHAI INV     5.85    12/04/21      CNY     20.24
NINGBO CITY ZHENHAI INV     5.85    12/04/21      CNY     20.30
NINGBO ECONOMIC & TECHN     7.09    04/21/21      CNY     20.18
NINGBO ECONOMIC & TECHN     7.09    04/21/21      CNY     29.00
NINGBO MEISHAN ISLAND D     6.27    03/23/22      CNY     40.38
NINGBO MEISHAN ISLAND D     6.27    03/23/22      CNY     48.29
NINGGUO CITY STATE OWNE     8.70    04/28/21      CNY     20.20
NINGHAI CITY INVESTMENT     7.99    04/16/21      CNY     20.19
NINGHAI CITY INVESTMENT     7.99    04/16/21      CNY     20.70
NINGHAI CITY INVESTMENT     8.00    01/02/21      CNY     20.02
NINGHAI CITY INVESTMENT     8.00    01/02/21      CNY     25.00
NINGXIANG CITY CONSTRUC     6.70    01/20/22      CNY     40.20
NINGXIANG CITY CONSTRUC     6.70    01/20/22      CNY     40.58
NINGXIANG ECONOMIC TECH     3.87    01/27/23      CNY     59.50
NINGXIANG ECONOMIC TECH     3.87    01/27/23      CNY     59.58
NINGXIANG ECONOMIC TECH     8.20    04/16/21      CNY     20.20
NINGXIANG STATE-OWNED A     3.88    11/02/23      CNY     58.46
NINGXIANG STATE-OWNED A     3.88    11/02/23      CNY     59.38
NINGXIANG STATE-OWNED A     4.89    06/03/23      CNY     59.10
NINGXIANG STATE-OWNED A     4.89    06/03/23      CNY     59.58
ONE BELT ONE ROAD JIANG     4.70    07/15/23      CNY     59.78
ONE BELT ONE ROAD JIANG     4.70    07/15/23      CNY     59.93
PANJIN CITY SHUANGTAIZI     7.25    01/22/22      CNY     40.02
PANJIN CITY SHUANGTAIZI     7.25    01/22/22      CNY     40.76
PANJIN WATER GROUP CO L     5.18    10/28/23      CNY     57.01
PANJIN WATER GROUP CO L     5.18    10/28/23      CNY     59.28
PANSHAN COUNTY STATE-OW     7.48    01/21/22      CNY     40.34
PANSHAN COUNTY STATE-OW     7.48    01/21/22      CNY     40.35
PANZHIHUA STATE OWNED A     8.18    03/13/22      CNY     40.00
PANZHIHUA STATE OWNED A     8.18    03/13/22      CNY     40.89
PANZHIHUA STATE OWNED A     7.60    03/05/21      CNY     20.07
PANZHIHUA STATE OWNED A     7.60    03/05/21      CNY     20.32
PEIXIAN CITY INVESTMENT     5.20    11/10/22      CNY     40.00
PEIXIAN CITY INVESTMENT     5.20    11/10/22      CNY     40.12
PEKING UNIVERSITY FOUND     6.30    03/04/24      CNY     11.00
PEKING UNIVERSITY FOUND     6.50    11/16/23      CNY     11.00
PEKING UNIVERSITY FOUND     6.68    08/09/23      CNY     11.00
PEKING UNIVERSITY FOUND     5.80    01/28/22      CNY     11.00
PEKING UNIVERSITY FOUND     5.99    11/02/21      CNY     11.00
PEKING UNIVERSITY FOUND     6.10    08/22/21      CNY     11.00
PEKING UNIVERSITY FOUND     4.80    07/26/21      CNY     11.00
PEKING UNIVERSITY FOUND     6.30    09/12/20      CNY     11.00
PEKING UNIVERSITY FOUND     6.15    07/23/20      CNY     11.00
PEKING UNIVERSITY FOUND     6.20    05/31/20      CNY     11.00
PENGZHOU STATE-PENGZHOU     3.95    10/20/23      CNY     56.57
PENGZHOU STATE-PENGZHOU     3.95    10/20/23      CNY     57.97
PINGDINGSHAN TIANAN COA     5.07    04/17/23      CNY     74.09
PINGHU CITY INVESTMENT      5.13    04/29/23      CNY     60.36
PINGHU CITY INVESTMENT      5.13    04/29/23      CNY     60.39
PINGHU ECONOMIC DEVELOP     7.99    04/17/21      CNY     20.13
PINGLIANG CULTURAL & TO     6.85    11/30/22      CNY     36.00
PINGLIANG CULTURAL & TO     6.85    11/30/22      CNY     40.52
PINGTAN COMPREHENSIVE P     3.92    01/29/23      CNY     59.86
PINGTAN COMPREHENSIVE P     3.92    01/29/23      CNY     59.90
PINGXIANG CHANGXING INV     5.26    04/11/23      CNY     59.47
PINGXIANG CHANGXING INV     5.26    04/11/23      CNY     59.79
PINGXIANG HUIFENG INVES     6.60    01/26/22      CNY     39.98
PINGXIANG HUIFENG INVES     6.60    01/26/22      CNY     40.54
PINGYANG STATE-OWNED AS     4.97    01/08/23      CNY     59.98
PINGYANG STATE-OWNED AS     4.97    01/08/23      CNY     60.00
PIZHOU CITY HENGRUN INV     6.46    12/05/21      CNY     20.19
PIZHOU CITY HENGRUN INV     6.46    12/05/21      CNY     22.46
PIZHOU ECONOMIC DEVELOP     5.00    10/29/22      CNY     39.31
PIZHOU ECONOMIC DEVELOP     5.00    10/29/22      CNY     40.00
PIZHOU RUNCAI ASSET MAN     5.90    12/18/20      CNY     50.00
PUTIAN HIGH TECHNOLOGY      5.90    05/03/22      CNY     49.55
PUTIAN HIGH TECHNOLOGY      5.90    05/03/22      CNY     49.66
QIANAN URBAN CONSTRUCTI     7.19    08/11/21      CNY     20.00
QIANAN URBAN CONSTRUCTI     7.19    08/11/21      CNY     20.18
QIANAN URBAN CONSTRUCTI     8.88    01/23/21      CNY     20.00
QIANAN URBAN CONSTRUCTI     8.88    01/23/21      CNY     20.07
QIANAN XINGYUAN WATER I     6.25    04/22/22      CNY     40.32
QIANAN XINGYUAN WATER I     6.25    04/22/22      CNY     46.90
QIANDONGNAN TRANSPORTAT     5.79    12/21/22      CNY     57.20
QIANDONGNAN TRANSPORTAT     5.79    12/21/22      CNY     57.48
QIANDONGNANZHOU KAIHONG     5.30    09/22/26      CNY     64.79
QIANDONGNANZHOU KAIHONG     5.30    09/22/26      CNY     65.38
QIANJIANG URBAN CONSTRU     5.19    12/21/22      CNY     60.00
QIANJIANG URBAN CONSTRU     5.19    12/21/22      CNY     60.08
QIANJIANG URBAN CONSTRU     8.38    04/22/21      CNY     20.17
QIANJIANG URBAN CONSTRU     8.38    04/22/21      CNY     20.35
QIANNANZHOU INVESTMENT      6.43    03/09/22      CNY     38.90
QIANXINAN AUTONOMOUS RE     5.90    06/22/23      CNY     59.60
QIANXINAN AUTONOMOUS RE     5.90    06/22/23      CNY     59.73
QICHUN COUNTY CONSTRUCT     4.96    10/18/23      CNY     57.47
QICHUN COUNTY CONSTRUCT     4.96    10/18/23      CNY     57.78
QIDONG COMMUNICATIONS I     4.00    03/18/23      CNY     59.61
QIDONG COMMUNICATIONS I     4.00    03/18/23      CNY     60.00
QIDONG STATE-OWNED ASSE     4.00    03/09/23      CNY     59.30
QIDONG STATE-OWNED ASSE     4.00    03/09/23      CNY     59.92
QIDONG STATE-OWNED ASSE     7.30    11/20/22      CNY     31.00
QIDONG STATE-OWNED ASSE     7.30    11/20/22      CNY     31.32
QIDONG URBAN CONSTRUCTI     7.90    04/28/21      CNY     20.17
QIDONG URBAN CONSTRUCTI     8.20    04/04/21      CNY     20.27
QIHE CITY OPERATION CON     5.10    03/07/23      CNY     59.43
QIHE CITY OPERATION CON     5.10    03/07/23      CNY     59.82
QINGDAO CHANGYANG INVES     3.73    09/12/23      CNY     58.89
QINGDAO CHANGYANG INVES     3.73    09/12/23      CNY     59.27
QINGDAO CONSON DEVELOPM     6.40    12/12/22      CNY     46.11
QINGDAO HICREAT DEVELOP     6.88    04/25/21      CNY     20.12
QINGDAO HICREAT DEVELOP     6.88    04/25/21      CNY     21.13
QINGDAO JIAOZHOU BAY DE     6.33    09/18/21      CNY     20.28
QINGDAO JIAOZHOU BAY DE     6.33    09/18/21      CNY     21.30
QINGDAO JIMO CITY TOURI     5.47    11/17/21      CNY     20.25
QINGDAO JIMO CITY TOURI     5.47    11/17/21      CNY     21.00
QINGDAO LAIXI CITY ASSE     7.50    03/06/21      CNY     20.11
QINGDAO LAIXI CITY ASSE     7.50    03/06/21      CNY     28.79
QINGDAO OCEAN INVESTMEN     4.36    05/12/23      CNY     59.39
QINGDAO OCEAN INVESTMEN     4.36    05/12/23      CNY     59.99
QINGDAO WEST COAST DEVE     4.26    06/06/23      CNY     59.64
QINGDAO WEST COAST DEVE     4.26    06/06/23      CNY     59.93
QINGHAI PROVINCIAL INVE     6.40    07/10/21      USD     35.76
QINGHAI PROVINCIAL INVE     7.88    03/22/21      USD     34.49
QINGHAI STATE-OWNED ASS     6.70    10/10/29      CNY     33.50
QINGHAI STATE-OWNED ASS     7.20    11/25/28      CNY     33.50
QINGHAI STATE-OWNED ASS     6.38    08/14/28      CNY     33.50
QINGHAI STATE-OWNED ASS     5.40    05/21/23      CNY     11.30
QINGHAI STATE-OWNED ASS     5.90    12/17/22      CNY     33.55
QINGYANG CITY ECONOMIC      7.98    04/16/21      CNY     20.12
QINGYANG CITY ECONOMIC      7.98    04/16/21      CNY     20.13
QINGYUAN TRANSPORTATION     8.20    12/19/20      CNY     20.00
QINGYUAN TRANSPORTATION     8.20    12/19/20      CNY     20.00
QINGZHOU HONGYUAN PUBLI     7.59    05/29/21      CNY     20.13
QINHUANGDAO CITY DEVELO     4.69    04/14/23      CNY     59.09
QINHUANGDAO CITY DEVELO     4.69    04/14/23      CNY     60.12
QINHUANGDAO DEVELOPMENT     4.07    08/26/23      CNY     57.63
QINHUANGDAO DEVELOPMENT     4.07    08/26/23      CNY     58.27
QINHUANGDAO DEVELOPMENT     8.45    04/18/21      CNY     20.23
QINHUANGDAO DEVELOPMENT     8.45    04/18/21      CNY     21.28
QINHUANGDAO DEVELOPMENT     8.00    12/17/20      CNY     19.99
QINHUANGDAO DEVELOPMENT     8.00    12/17/20      CNY     20.00
QINZHOU BINHAI NEW CITY     6.99    07/07/21      CNY     20.00
QINZHOU BINHAI NEW CITY     6.99    07/07/21      CNY     20.03
QIONGLAI CITY CONSTRUCT     6.98    03/25/22      CNY     40.29
QIONGLAI CITY CONSTRUCT     6.98    03/25/22      CNY     40.80
QUANJIAO URBAN INFRASTR     5.10    05/18/23      CNY     59.96
QUANJIAO URBAN INFRASTR     5.10    05/18/23      CNY     59.97
QUJING CITY QILIN DISTR     5.37    11/26/22      CNY     39.59
QUJING CITY QILIN DISTR     5.37    11/26/22      CNY     41.95
QUJING DEVELOPMENT INVE     7.48    04/28/21      CNY     20.10
QUJING DEVELOPMENT INVE     7.48    04/28/21      CNY     22.55
QUJING ECO TECH DEVELOP     5.75    06/01/23      CNY     59.31
QUJING ECO TECH DEVELOP     5.75    06/01/23      CNY     59.88
QUJING ECO TECH DEVELOP     7.48    07/21/21      CNY     20.23
QUZHOU STATE OWNED ASSE     7.20    04/21/21      CNY     20.24
QUZHOU STATE OWNED ASSE     7.20    04/21/21      CNY     23.42
RENHUAI CITY DEVELOPMEN     5.12    04/14/23      CNY     58.41
RENHUAI CITY DEVELOPMEN     5.12    04/14/23      CNY     58.44
RENHUAI CITY DEVELOPMEN     8.09    05/16/21      CNY     20.29
RENHUAI CITY DEVELOPMEN     8.09    05/16/21      CNY     20.30
RENQIU CONSTRUCTION INV     5.68    11/18/22      CNY     40.66
RENQIU CONSTRUCTION INV     5.68    11/18/22      CNY     41.09
RENSHOU DEVELOPMENT OF      6.42    12/22/22      CNY     60.00
RENSHOU DEVELOPMENT OF      6.42    12/22/22      CNY     60.40
REWARD SCIENCE AND TECH     6.40    03/03/22      CNY     70.00
REWARD SCIENCE AND TECH     5.53    07/05/21      CNY     29.10
RIGHT WAY REAL ESTATE D     8.00    07/15/21      CNY     43.89
RIZHAO CITY CONSTRUCTIO     3.98    12/07/22      CNY     39.50
RIZHAO CITY CONSTRUCTIO     3.98    12/07/22      CNY     39.54
RUDONG COUNTY DONGTAI S     6.99    06/20/21      CNY     20.20
RUDONG COUNTY DONGTAI S     6.99    06/20/21      CNY     25.90
RUDONG COUNTY JINXIN TR     3.80    07/26/23      CNY     59.27
RUDONG COUNTY JINXIN TR     3.80    07/26/23      CNY     59.47
RUDONG COUNTY JINXIN TR     4.57    07/26/23      CNY     59.55
RUDONG COUNTY JINXIN TR     4.57    07/26/23      CNY     59.79
RUDONG COUNTY JINXIN TR     8.08    03/03/21      CNY     20.11
RUDONG COUNTY JINXIN TR     8.08    03/03/21      CNY     24.03
RUDONG COUNTY KAITAI CI     4.57    01/08/23      CNY     60.02
RUDONG NEW WORLD INVEST     4.37    07/18/23      CNY     59.28
RUDONG NEW WORLD INVEST     4.37    07/18/23      CNY     59.64
RUGAO COMMUNICATIONS CO     3.74    03/23/23      CNY     59.10
RUGAO COMMUNICATIONS CO     3.74    03/23/23      CNY     59.53
RUGAO ECONOMIC & TRADE      3.95    03/24/23      CNY     59.59
RUGAO ECONOMIC & TRADE      3.95    03/24/23      CNY     59.76
RUGAO ECONOMIC & TRADE      8.30    01/22/21      CNY     20.07
RUGAO ECONOMIC & TRADE      8.30    01/22/21      CNY     29.00
RUGAO YANJIANG DEVELOPM     8.60    01/24/21      CNY     20.05
RUGAO YANJIANG DEVELOPM     8.60    01/24/21      CNY     20.09
RUIAN STATE OWNED ASSET     4.56    01/27/23      CNY     59.63
RUIAN STATE OWNED ASSET     4.56    01/27/23      CNY     59.89
RUICHANG CITY INVESTMEN     5.50    06/17/23      CNY     59.42
RUICHANG CITY INVESTMEN     5.50    06/17/23      CNY     60.73
RUICHANG CITY INVESTMEN     5.68    03/25/23      CNY     59.88
RUICHANG CITY INVESTMEN     5.68    03/25/23      CNY     60.74
RUIJIN URBAN DEVELOPMEN     4.13    09/06/23      CNY     58.36
RUIJIN URBAN DEVELOPMEN     4.13    09/06/23      CNY     58.57
RUZHOU CITY XINYUAN INV     4.43    09/26/23      CNY     56.01
RUZHOU CITY XINYUAN INV     4.43    09/26/23      CNY     56.13
RUZHOU CITY XINYUAN INV     6.30    09/16/21      CNY     24.99
SANMEN COUNTY STATE-OWN     6.80    03/18/22      CNY     40.00
SANMEN COUNTY STATE-OWN     6.80    03/18/22      CNY     40.75
SANMEN COUNTY STATE-OWN     6.85    10/29/21      CNY     20.00
SANMEN COUNTY STATE-OWN     6.85    10/29/21      CNY     20.35
SANMING TRANSPORTATION      3.68    03/29/23      CNY     59.50
SANMING TRANSPORTATION      3.68    03/29/23      CNY     59.52
SHAANXI ANKANG HIGH TEC     8.78    09/17/21      CNY     20.62
SHAANXI ANKANG HIGH TEC     8.78    09/17/21      CNY     27.00
SHAANXI XIXIAN NEW AREA     6.85    08/15/21      CNY     20.21
SHAANXI XIXIAN NEW AREA     6.89    01/05/22      CNY     40.35
SHAANXI XIXIAN NEW AREA     6.89    01/05/22      CNY     43.10
SHAANXI XIXIAN NEW AREA     5.15    11/27/22      CNY     39.81
SHAANXI XIXIAN NEW AREA     5.15    11/27/22      CNY     41.01
SHANDONG BORUN INDUSTRI     6.50    11/02/21      CNY     32.93
SHANDONG BOXING COUNTY      8.00    12/22/21      CNY     40.69
SHANDONG BOXING COUNTY      8.00    12/22/21      CNY     41.95
SHANDONG CENTURY SUNSHI     8.19    07/21/21      CNY     20.43
SHANDONG CENTURY SUNSHI     8.19    07/21/21      CNY     20.43
SHANDONG FUYU CHEMICAL      7.70    09/18/22      CNY     70.00
SHANDONG GAOCHUANG CONS     6.05    06/18/22      CNY     40.62
SHANDONG GAOCHUANG CONS     6.05    06/18/22      CNY     42.45
SHANDONG HONGHE HOLDING     8.50    06/23/21      CNY     20.40
SHANDONG HONGHE HOLDING     8.50    06/23/21      CNY     24.00
SHANDONG JINMAO TEXTILE     6.97    04/01/21      CNY     20.70
SHANDONG RUYI TECHNOLOG     7.90    09/18/23      CNY     52.10
SHANDONG SNTON GROUP CO     5.18    09/08/21      CNY      8.52
SHANDONG SNTON GROUP CO     6.20    05/30/21      CNY      9.50
SHANDONG TAIYANG INDUST     5.97    03/02/21      CNY     42.72
SHANDONG TENGJIAN INVES     6.00    06/08/22      CNY     40.00
SHANDONG TENGJIAN INVES     6.00    06/08/22      CNY     40.07
SHANDONG WANTONG PETROL     7.97    11/29/21      CNY      0.20
SHANGHAI CAOHEJING HI-T     7.24    04/09/21      CNY     20.17
SHANGHAI CAOHEJING HI-T     7.24    04/09/21      CNY     20.17
SHANGHAI JIADING ROAD C     6.80    04/23/21      CNY     20.20
SHANGHAI JIADING ROAD C     6.80    04/23/21      CNY     20.75
SHANGHAI LAKE DIANSHAN      5.95    01/30/21      CNY     25.04
SHANGHAI LAKE DIANSHAN      5.95    01/30/21      CNY     25.75
SHANGHAI MINHANG URBAN      5.63    04/20/22      CNY     40.64
SHANGHAI MINHANG URBAN      5.63    04/20/22      CNY     40.79
SHANGHAI MUNICIPAL INVE     4.80    11/05/24      CNY     60.80
SHANGHAI MUNICIPAL INVE     4.80    11/05/24      CNY     61.30
SHANGHAI NANHUI URBAN C     6.04    08/20/21      CNY     20.27
SHANGHAI PUTAILAI NEW E     5.50    03/19/21      CNY     66.67
SHANGHAI URBAN CONSTRUC     3.50    01/06/23      CNY     59.80
SHANGHAI URBAN CONSTRUC     3.50    01/06/23      CNY     59.90
SHANGRAO CITY STATE-OWN     4.65    01/29/23      CNY     60.01
SHANGRAO CITY STATE-OWN     4.65    01/29/23      CNY     60.24
SHANTOU CITY CONSTRUCTI     8.57    03/23/22      CNY     30.90
SHANTOU CITY CONSTRUCTI     8.57    03/23/22      CNY     31.01
SHANTOU INVESTMENT HOLD     7.99    03/04/24      CNY     64.33
SHANXI INTERNATIONAL EL     5.88    05/24/22      CNY     62.60
SHANXI XIANG KUANG GROU     8.80    02/11/22      CNY     54.50
SHANXI XIANG KUANG GROU     8.80    02/11/22      CNY     68.88
SHAOGUAN URBAN INVESTME     3.67    10/25/24      CNY     68.30
SHAOGUAN URBAN INVESTME     3.67    10/25/24      CNY     68.45
SHAOWU URBAN CONSTRUCTI     5.88    09/11/22      CNY     40.23
SHAOWU URBAN CONSTRUCTI     5.88    09/11/22      CNY     43.39
SHAOXING CHENGZHONGCUN      6.09    04/27/22      CNY     40.41
SHAOXING CITY INVESTMEN     5.75    04/17/22      CNY     40.68
SHAOXING CITY INVESTMEN     5.75    04/17/22      CNY     48.00
SHAOXING CITY KEQIAO DI     6.40    08/20/21      CNY     20.08
SHAOXING JINGHU NEW DIS     6.13    04/30/22      CNY     40.56
SHAOXING KEQIAO CITY CO     3.64    09/19/23      CNY     58.73
SHAOXING KEQIAO CITY CO     3.64    09/19/23      CNY     58.85
SHAOXING KEQIAO ECONOMI     7.00    12/10/21      CNY     20.00
SHAOXING KEQIAO ECONOMI     7.00    12/10/21      CNY     20.47
SHAOXING KEYAN CONSTRUC     6.28    03/24/22      CNY     40.00
SHAOXING KEYAN CONSTRUC     6.28    03/24/22      CNY     40.68
SHAOXING PAOJIANG INDUS     6.98    05/29/21      CNY     20.08
SHAOXING PAOJIANG INDUS     6.98    05/29/21      CNY     23.90
SHAOXING SHANGYU ECONOM     4.76    04/11/23      CNY     59.96
SHAOXING SHANGYU ECONOM     4.76    04/11/23      CNY     60.31
SHAOXING SHANGYU URBAN      6.80    08/07/21      CNY     20.34
SHAOXING SHANGYU URBAN      6.80    08/07/21      CNY     21.15
SHAOYANG CITY CONSTRUCT     8.58    01/17/21      CNY     20.10
SHAOYANG CITY CONSTRUCT     8.58    01/17/21      CNY     20.17
SHAOYANG DULIANG INVEST     5.50    04/13/23      CNY     58.65
SHAOYANG DULIANG INVEST     5.50    04/13/23      CNY     59.68
SHENGZHOU INVESTMENT HO     7.60    07/17/21      CNY     20.40
SHENGZHOU INVESTMENT HO     7.60    07/17/21      CNY     20.59
SHENMU CITY STATE-OWNED     7.28    06/23/21      CNY     20.27
SHENMU CITY STATE-OWNED     7.28    06/23/21      CNY     20.60
SHENYANG DADONG STATE-O     6.05    03/20/22      CNY     40.00
SHENYANG DADONG STATE-O     6.05    03/20/22      CNY     40.24
SHENYANG ECONOMIC AFFOR     7.17    04/29/22      CNY     37.50
SHENYANG ECONOMIC AFFOR     7.17    04/29/22      CNY     39.63
SHENYANG TIEXI STATE-OW     6.00    01/14/22      CNY     40.13
SHENYANG TIEXI STATE-OW     6.00    01/14/22      CNY     47.50
SHENZHEN METRO GROUP CO     6.75    01/24/24      CNY     64.34
SHENZHEN METRO GROUP CO     5.40    03/25/23      CNY     46.81
SHIJIAZHUANG HUTUO NEW      5.28    12/24/25      CNY     62.50
SHIJIAZHUANG HUTUO NEW      5.28    12/24/25      CNY     62.97
SHIJIAZHUANG STATE-OWNE     5.75    04/09/22      CNY     40.51
SHIJIAZHUANG STATE-OWNE     5.75    04/09/22      CNY     47.20
SHIJIAZHUANG URBAN CONS     6.55    03/09/21      CNY     40.26
SHISHI CITY CONSTRUCTIO     6.10    05/04/22      CNY     40.59
SHIYAN ECO DEVELOPMENT      3.98    08/05/23      CNY     58.89
SHIYAN ECO DEVELOPMENT      3.98    08/05/23      CNY     59.03
SHIYAN STATE-OWNED CAPI     6.58    08/20/21      CNY     20.00
SHIYAN STATE-OWNED CAPI     6.58    08/20/21      CNY     20.32
SHIZHU TUJIA HONGSHENG      7.00    11/13/24      CNY     64.00
SHUCHENG COUNTY URBAN C     5.50    04/29/23      CNY     60.71
SHUCHENG COUNTY URBAN C     5.50    04/29/23      CNY     60.71
SHUYANG JINGYUAN ASSET      5.49    09/11/22      CNY     40.46
SHUYANG JINGYUAN ASSET      5.49    09/11/22      CNY     46.00
SHUYANG JINGYUAN ASSET      7.39    04/14/21      CNY     20.00
SHUYANG JINGYUAN ASSET      7.39    04/14/21      CNY     20.16
SICHUAN COAL GASIFICATI     7.00    12/14/23      CNY     61.35
SICHUAN COAL GASIFICATI     7.00    04/18/23      CNY     59.15
SICHUAN COAL INDUSTRY G     7.70    01/09/18      CNY     45.00
SICHUAN LANGZHONG FAMOU     5.60    04/19/23      CNY     59.33
SICHUAN LANGZHONG FAMOU     5.60    04/19/23      CNY     59.76
SICHUAN LONGYANG TIANFU     5.45    05/27/23      CNY     60.16
SICHUAN LONGYANG TIANFU     5.45    05/27/23      CNY     60.40
SICHUAN NAXING INDUSTRI     4.68    03/31/23      CNY     58.92
SICHUAN NAXING INDUSTRI     4.68    03/31/23      CNY     59.55
SICHUAN NAXING INDUSTRI     6.80    08/18/22      CNY     50.14
SICHUAN NAXING INDUSTRI     6.80    08/18/22      CNY     50.51
SICHUAN NAXING INDUSTRI     7.17    09/11/21      CNY     20.06
SICHUAN NAXING INDUSTRI     7.17    09/11/21      CNY     20.44
SICHUAN TIANYIN INDUSTR     6.79    03/25/22      CNY     40.47
SICHUAN TIANYIN INDUSTR     6.79    03/25/22      CNY     48.00
SIHONG COUNTY HONG YUAN     6.15    03/16/22      CNY     40.00
SIHONG COUNTY HONG YUAN     6.15    03/16/22      CNY     40.25
SIHUI STATE OWNED ASSET     4.59    01/14/23      CNY     58.98
SIHUI STATE OWNED ASSET     4.59    01/14/23      CNY     59.73
SIYANG COUNTY MINKANG R     4.94    01/21/23      CNY     60.53
SIYANG COUNTY MINKANG R     4.94    01/21/23      CNY     60.56
SLENDER WEST LAKE TOURI     6.80    06/25/21      CNY     20.00
SLENDER WEST LAKE TOURI     6.80    06/25/21      CNY     20.31
SONGYUAN URBAN DEVELOPM     5.79    12/04/21      CNY     19.85
SONGYUAN URBAN DEVELOPM     5.79    12/04/21      CNY     20.78
SUINING CITY HEDONG DEV     8.36    04/17/21      CNY     20.15
SUINING CITY HEDONG DEV     8.36    04/17/21      CNY     27.82
SUINING COUNTY RUNQI IN     5.42    11/20/22      CNY     40.00
SUINING COUNTY RUNQI IN     5.42    11/20/22      CNY     40.01
SUINING COUNTY RUNQI IN     7.10    06/25/21      CNY     20.13
SUINING COUNTY RUNQI IN     7.10    06/25/21      CNY     20.25
SUINING FUYUAN INDUSTRY     5.34    12/02/23      CNY     57.69
SUINING FUYUAN INDUSTRY     5.34    12/02/23      CNY     59.00
SUINING FUYUAN INDUSTRY     6.39    03/17/22      CNY     39.56
SUINING FUYUAN INDUSTRY     6.39    03/17/22      CNY     44.18
SUINING KAIDA INVESTMEN     4.89    04/08/23      CNY     57.82
SUINING KAIDA INVESTMEN     4.89    04/08/23      CNY     57.82
SUINING KAIDA INVESTMEN     8.69    04/21/21      CNY     20.00
SUINING KAIDA INVESTMEN     8.69    04/21/21      CNY     20.24
SUIZHOU DEVELOPMENT INV     8.40    04/30/21      CNY     20.21
SUIZHOU DEVELOPMENT INV     8.50    12/20/20      CNY     20.04
SUIZHOU DEVELOPMENT INV     8.50    12/20/20      CNY     21.83
SUIZHOU HIGH-TECH INDUS     4.47    03/25/23      CNY     58.94
SUIZHOU HIGH-TECH INDUS     4.47    03/25/23      CNY     58.95
SUIZHOU URBAN CONSTRUCT     7.18    09/02/21      CNY     20.34
SUIZHOU URBAN CONSTRUCT     7.18    09/02/21      CNY     21.20
SUIZHOU YULONG WATER SU     6.10    03/28/23      CNY     59.96
SUZHOU CITY CONSTRUCTIO     3.89    03/24/23      CNY     59.83
SUZHOU CITY CONSTRUCTIO     3.89    03/24/23      CNY     59.84
SUZHOU CITY HENGCHENG C     4.40    03/01/23      CNY     59.73
SUZHOU CITY HENGCHENG C     4.40    03/01/23      CNY     59.89
SUZHOU FENHU INVESTMENT     7.49    02/28/21      CNY     20.08
SUZHOU NEW & HIGH-TECH      4.18    03/23/23      CNY     59.45
SUZHOU NEW & HIGH-TECH      4.18    03/23/23      CNY     59.65
SUZHOU SND GROUP CO LTD     6.20    07/22/21      CNY     20.17
SUZHOU SND GROUP CO LTD     6.20    07/22/21      CNY     20.45
SUZHOU WUJIANG DISTRICT     5.25    07/08/22      CNY     40.50
SUZHOU WUJIANG DISTRICT     5.25    07/08/22      CNY     40.57
SUZHOU XIANGCHENG URBAN     6.95    03/19/21      CNY     20.14
SUZHOU XIANGCHENG URBAN     6.95    03/19/21      CNY     22.60
TAIAN TAISHAN HOLDINGS      5.50    04/26/23      CNY     59.67
TAIAN TAISHAN HOLDINGS      5.50    04/26/23      CNY     60.15
TAIANTANG GROUP CO LTD      8.00    01/28/21      CNY     71.00
TAICANG ASSETS MANAGEME     7.00    02/27/21      CNY     20.07
TAICANG ASSETS MANAGEME     7.00    02/27/21      CNY     20.20
TAICANG SCIENCE EDUCATI     5.54    08/28/22      CNY     40.40
TAICANG SCIENCE EDUCATI     5.54    08/28/22      CNY     44.65
TAIXING CITY HONGQIAO Y     5.03    10/29/22      CNY     39.63
TAIXING CITY HONGQIAO Y     5.03    10/29/22      CNY     43.87
TAIYUAN ECONOMIC TECHNO     7.43    04/24/21      CNY     20.00
TAIYUAN ECONOMIC TECHNO     7.43    04/24/21      CNY     20.15
TAIYUAN STATE-OWNED INV     7.20    03/19/21      CNY     20.18
TAIYUAN STATE-OWNED INV     7.20    03/19/21      CNY     26.50
TAIZHOU CITY CONSTRUCTI     6.92    10/16/23      CNY     47.03
TAIZHOU CITY CONSTRUCTI     6.92    10/16/23      CNY     47.10
TAIZHOU HAILING CITY DE     4.60    12/14/22      CNY     39.00
TAIZHOU HAILING CITY DE     4.60    12/14/22      CNY     39.80
TAIZHOU JIAOJIANG STATE     6.18    07/06/22      CNY     40.75
TAIZHOU JIAOJIANG STATE     6.18    07/06/22      CNY     44.00
TAIZHOU JINDONG URBAN C     5.10    06/02/23      CNY     59.63
TAIZHOU JINDONG URBAN C     5.10    06/02/23      CNY     59.66
TAIZHOU XINBINJIANG DEV     7.60    03/05/21      CNY     20.13
TAIZHOU XINBINJIANG DEV     7.60    03/05/21      CNY     21.00
TAIZHOU XINTAI GROUP CO     4.07    03/23/23      CNY     59.59
TAIZHOU XINTAI GROUP CO     4.07    03/23/23      CNY     59.71
TIANCHANG CITY CONSTRUC     4.99    12/05/23      CNY     55.51
TIANCHANG CITY CONSTRUC     4.99    12/05/23      CNY     59.09
TIANJIN BEICHEN DISTRIC     7.00    04/21/21      CNY     19.97
TIANJIN BEICHEN DISTRIC     7.00    04/21/21      CNY     27.15
TIANJIN BEICHEN TECHNOL     6.87    08/20/21      CNY     19.84
TIANJIN BEICHEN TECHNOL     6.87    08/20/21      CNY     27.00
TIANJIN BINHAI NEW AREA     6.10    11/23/21      CNY     24.36
TIANJIN BOHAI STATE-OWN     3.82    04/18/23      CNY     59.01
TIANJIN DONGFANG CAIXIN     5.19    01/29/22      CNY     39.59
TIANJIN DONGFANG CAIXIN     5.19    01/29/22      CNY     39.83
TIANJIN DONGLI CITY INF     4.28    12/02/22      CNY     39.90
TIANJIN ECONOMIC TECHNO     6.50    12/03/22      CNY     30.44
TIANJIN ECONOMIC TECHNO     6.50    12/03/22      CNY     31.30
TIANJIN GUANGCHENG INVE     5.40    04/20/23      CNY     58.37
TIANJIN GUANGCHENG INVE     5.40    04/20/23      CNY     58.45
TIANJIN GUANGCHENG INVE     6.97    02/22/23      CNY     44.33
TIANJIN GUANGCHENG INVE     7.45    07/24/21      CNY     19.99
TIANJIN GUANGCHENG INVE     7.45    07/24/21      CNY     29.00
TIANJIN HARBOR CONSTRUC     6.29    10/21/21      CNY     39.68
TIANJIN HARBOR CONSTRUC     8.00    04/01/21      CNY     40.06
TIANJIN HARBOR CONSTRUC     8.80    01/24/21      CNY     40.06
TIANJIN HI-TECH INDUSTR     6.65    09/12/21      CNY     19.53
TIANJIN HI-TECH INDUSTR     6.65    09/12/21      CNY     19.98
TIANJIN HUANCHENG URBAN     5.75    04/27/22      CNY     40.23
TIANJIN HUANCHENG URBAN     5.75    04/27/22      CNY     41.70
TIANJIN HUANCHENG URBAN     7.20    03/21/21      CNY     20.09
TIANJIN HUANCHENG URBAN     7.20    03/21/21      CNY     20.35
TIANJIN INFRASTRUCTURE      5.70    02/26/23      CNY     45.69
TIANJIN JINNAN CITY CON     6.50    06/03/21      CNY     19.98
TIANJIN LINGANG INVESTM     7.75    02/26/21      CNY     20.04
TIANJIN LINGANG INVESTM     7.75    02/26/21      CNY     20.21
TIANJIN METRO GROUP CO      4.27    10/16/25      CNY     69.98
TIANJIN METRO GROUP CO      4.27    10/16/25      CNY     74.00
TIANJIN NINGHE DISTRICT     7.00    05/30/21      CNY     20.00
TIANJIN NINGHE DISTRICT     7.00    05/30/21      CNY     27.50
TIANJIN NINGHE INVESTME     5.50    04/22/23      CNY     59.29
TIANJIN NINGHE INVESTME     5.50    04/22/23      CNY     60.33
TIANJIN RAILWAY CONSTRU     5.58    04/13/25      CNY     71.92
TIANJIN RAILWAY CONSTRU     5.58    04/13/25      CNY     73.40
TIANJIN REAL ESTATE TRU     8.59    03/13/21      CNY     19.50
TIANJIN RESIDENTIAL CON     8.00    12/19/20      CNY     20.00
TIANJIN WATER INVESTMEN     6.60    07/28/21      CNY     19.59
TIANJIN WATER INVESTMEN     6.60    07/28/21      CNY     21.80
TIANJIN WATER INVESTMEN     8.40    01/15/21      CNY     25.02
TIANJIN WUQING STATE-OW     4.15    11/17/22      CNY     39.00
TIANJIN WUQING STATE-OW     4.15    11/17/22      CNY     39.88
TIANJIN WUQING STATE-OW     7.18    03/19/21      CNY     20.03
TIANJIN WUQING STATE-OW     8.00    12/17/20      CNY     20.00
TIANJIN WUQING STATE-OW     8.00    12/17/20      CNY     20.76
TIANMEN CITY CONSTRUCTI     3.98    11/15/23      CNY     58.00
TIANMEN CITY CONSTRUCTI     3.98    11/15/23      CNY     58.01
TIANMEN CITY CONSTRUCTI     8.20    08/28/21      CNY     20.47
TIANMEN CITY CONSTRUCTI     8.20    08/28/21      CNY     25.16
TONGLING CONSTRUCTION I     4.12    03/14/23      CNY     59.49
TONGLING CONSTRUCTION I     4.12    03/14/23      CNY     60.00
TONGLU STATE-OWNED ASSE     8.09    04/18/21      CNY     20.24
TONGLU STATE-OWNED ASSE     8.09    04/18/21      CNY     20.98
TSINGHUA HOLDINGS CORP      5.30    03/26/23      CNY     34.90
TSINGHUA HOLDINGS CORP      4.95    08/08/22      CNY     36.40
TSINGHUA HOLDINGS CORP      3.15    10/25/21      CNY     48.64
TSINGHUA HOLDINGS CORP      4.10    08/24/21      CNY     66.77
TSINGHUA UNIGROUP CO LT     5.11    01/25/24      CNY     13.00
TSINGHUA UNIGROUP CO LT     5.20    12/10/23      CNY     11.65
TSINGHUA UNIGROUP CO LT     6.00    08/14/22      CNY     45.75
TSINGHUA UNIGROUP CO LT     5.85    03/27/22      CNY     45.75
TSINGHUA UNIGROUP CO LT     4.94    03/25/22      CNY     16.55
TSINGHUA UNIGROUP CO LT     6.15    12/26/21      CNY     45.75
TSINGHUA UNIGROUP CO LT     6.20    03/16/21      CNY     45.75
TSINGHUA UNIGROUP CO LT     5.60    11/15/20      CNY     45.75
TULUFAN DISTRICT STATE-     6.20    03/19/22      CNY     40.31
TULUFAN DISTRICT STATE-     6.20    03/19/22      CNY     40.39
TUNGHSU GROUP CO LTD        6.55    03/13/22      CNY     45.00
ULANQAB CITY INVESTMENT     8.39    04/25/22      CNY     50.99
ULANQAB JINING DISTRICT     6.16    03/24/23      CNY     58.87
ULANQAB JINING DISTRICT     6.16    03/24/23      CNY     60.19
URUMQI ECO&TECH DEVELOP     6.40    04/13/22      CNY     40.00
URUMQI ECO&TECH DEVELOP     6.40    04/13/22      CNY     40.64
WAFANGDIAN COASTAL PROJ     3.98    02/01/23      CNY     58.70
WAFANGDIAN COASTAL PROJ     3.98    02/01/23      CNY     58.84
WANGCHENG ECONOMIC DEVE     3.75    07/13/23      CNY     59.72
WANGCHENG ECONOMIC DEVE     3.75    07/13/23      CNY     61.05
WANGCHENG ECONOMIC DEVE     6.57    01/22/22      CNY     40.48
WANGCHENG ECONOMIC DEVE     6.57    01/22/22      CNY     48.81
WEICHI HOLDING GROUP CO     5.40    12/21/20      CNY     60.00
WEIFANG BINHAI INVESTME     6.16    04/16/21      CNY     25.04
WEIHAI LANCHUANG CONSTR     4.80    12/17/22      CNY     59.39
WEIHAI LANCHUANG CONSTR     4.80    12/17/22      CNY     59.50
WEIHAI URBAN CONSTRUCTI     3.33    03/02/23      CNY     58.40
WEIHAI URBAN CONSTRUCTI     3.33    03/02/23      CNY     59.34
WEIHAI WENDENG DISTRICT     3.64    10/26/23      CNY     58.48
WEIHAI WENDENG DISTRICT     3.64    10/26/23      CNY     59.10
WEIHAI WENDENG URBAN PR     4.80    05/26/23      CNY     59.08
WEIHAI WENDENG URBAN PR     4.80    05/26/23      CNY     59.39
WEINAN CITY INVESTMENT      6.09    03/11/22      CNY     40.00
WEINAN CITY INVESTMENT      6.09    03/11/22      CNY     40.30
WENDENG GOLDEN BEACH IN     3.97    03/21/23      CNY     58.88
WENDENG GOLDEN BEACH IN     3.97    03/21/23      CNY     59.16
WENSHAN URBAN CONSTRUCT     4.50    09/13/23      CNY     58.66
WENSHAN URBAN CONSTRUCT     4.50    09/13/23      CNY     58.92
WENZHOU CITY CONSTRUCTI     5.00    04/26/23      CNY     60.73
WENZHOU CITY CONSTRUCTI     5.00    04/26/23      CNY     61.35
WENZHOU CITY CONSTRUCTI     4.05    01/25/23      CNY     59.84
WENZHOU CITY CONSTRUCTI     4.05    01/25/23      CNY     60.11
WENZHOU GANGCHENG DEVEL     5.19    03/29/23      CNY     60.05
WENZHOU GANGCHENG DEVEL     5.19    03/29/23      CNY     60.44
WENZHOU HIGH-TECH INDUS     7.30    05/30/21      CNY     20.17
WENZHOU HIGH-TECH INDUS     7.95    03/21/21      CNY     20.15
WENZHOU LUCHENG CITY DE     5.58    11/03/21      CNY     20.26
WENZHOU OUHAI NEW CITY      3.98    10/26/23      CNY     59.18
WENZHOU OUHAI NEW CITY      3.98    10/26/23      CNY     59.18
WINTIME ENERGY CO LTD       4.75    07/07/22      CNY     43.63
WINTIME ENERGY CO LTD       7.50    04/04/21      CNY     43.63
WINTIME ENERGY CO LTD       7.90    03/29/21      CNY     43.63
WINTIME ENERGY CO LTD       7.90    12/22/20      CNY     43.63
WINTIME ENERGY CO LTD       7.50    12/06/20      CNY     43.63
WINTIME ENERGY CO LTD       7.50    11/16/20      CNY     43.63
WINTIME ENERGY CO LTD       7.70    11/15/20      CNY     43.63
WINTIME ENERGY CO LTD       7.00    04/26/19      CNY     43.63
WINTIME ENERGY CO LTD       7.00    03/19/19      CNY     43.63
WINTIME ENERGY CO LTD       7.00    12/15/18      CNY     43.63
WINTIME ENERGY CO LTD       6.78    10/23/18      CNY     43.63
WINTIME ENERGY CO LTD       7.00    08/25/18      CNY     43.63
WINTIME ENERGY CO LTD       7.30    08/06/18      CNY     43.63
WINTIME ENERGY CO LTD       7.00    07/05/18      CNY     43.63
WUHAI CITY CONSTRUCTION     8.19    04/21/21      CNY      5.42
WUHAI CITY CONSTRUCTION     8.19    04/21/21      CNY     20.14
WUHAN CHEDU CORP LTD        7.18    02/27/21      CNY     20.13
WUHAN CHEDU CORP LTD        7.18    02/27/21      CNY     20.96
WUHAN CITY HUANPI DISTR     6.43    09/17/21      CNY     20.37
WUHAN CITY HUANPI DISTR     6.43    09/17/21      CNY     23.02
WUHAN JIANGXIA URBAN CO     4.80    06/03/23      CNY     60.03
WUHAN JIANGXIA URBAN CO     4.80    06/03/23      CNY     60.32
WUHAN JIANGXIA URBAN CO     8.99    01/20/21      CNY     20.09
WUHAN METRO GROUP CO LT     5.25    04/14/22      CNY     40.19
WUHAN QIAOKOU STATE OWN     3.48    08/29/23      CNY     58.90
WUHAN QIAOKOU STATE OWN     3.48    08/29/23      CNY     58.93
WUHU COMMUNICATIONS INV     3.58    09/23/23      CNY     59.01
WUHU COMMUNICATIONS INV     3.58    09/23/23      CNY     59.21
WUHU COMMUNICATIONS INV     4.50    04/28/23      CNY     59.56
WUHU COMMUNICATIONS INV     4.50    04/28/23      CNY     59.57
WUHU COUNTY CONSTRUCTIO     6.60    12/08/21      CNY     20.17
WUHU COUNTY CONSTRUCTIO     6.60    12/08/21      CNY     26.35
WUHU JINGHU CONSTRUCTIO     4.37    07/20/23      CNY     59.39
WUHU JINGHU CONSTRUCTIO     4.37    07/20/23      CNY     59.93
WUHU JIUJIANG CONSTRUCT     3.96    03/21/23      CNY     57.60
WUHU JIUJIANG CONSTRUCT     3.96    03/21/23      CNY     59.56
WUHU JIUJIANG CONSTRUCT     8.49    04/14/21      CNY     20.00
WUHU JIUJIANG CONSTRUCT     8.49    04/14/21      CNY     20.28
WUHU XINMA INVESTMENT C     4.87    11/04/22      CNY     39.50
WUHU XINMA INVESTMENT C     4.87    11/04/22      CNY     40.26
WUHU YIJU INVESTMENT GR     6.45    08/11/21      CNY     20.30
WUHU YIJU INVESTMENT GR     6.45    08/11/21      CNY     20.31
WUWEI CITY ECONOMY DEVE     8.20    04/24/21      CNY     20.10
WUWEI CITY ECONOMY DEVE     8.20    04/24/21      CNY     20.10
WUXI HUIKAI ECONOMIC DE     4.16    04/08/23      CNY     59.83
WUXI HUIKAI ECONOMIC DE     4.16    04/08/23      CNY     59.98
WUXI HUNING METRO HUISH     4.38    06/08/21      CNY     39.99
WUXI HUNING METRO HUISH     4.38    06/08/21      CNY     40.45
WUXI TAIHU NEW CITY DEV     3.47    08/29/23      CNY     59.15
WUXI TAIHU NEW CITY DEV     3.47    08/29/23      CNY     59.50
WUXI TAIHU NEW CITY DEV     4.49    05/03/23      CNY     60.00
WUXI TAIHU NEW CITY DEV     4.49    05/03/23      CNY     60.05
WUXI XIDONG NEW TOWN CO     3.92    11/09/23      CNY     59.31
WUXI XIDONG NEW TOWN CO     3.92    11/09/23      CNY     59.33
WUYANG CONSTRUCTION GRO     7.80    09/11/20      CNY     32.48
XIAMEN TORCH GROUP CO L     7.49    04/21/21      CNY     20.19
XIAMEN TORCH GROUP CO L     7.49    04/21/21      CNY     24.88
XIAN FENGDONG DEVELOPME     4.67    01/08/23      CNY     59.92
XIAN FENGDONG DEVELOPME     4.67    01/08/23      CNY     60.10
XI'AN INTERNATIONAL HOR     6.20    10/21/21      CNY     20.10
XI'AN INTERNATIONAL HOR     6.20    10/21/21      CNY     21.46
XI'AN INTERNATIONAL INL     7.90    09/23/21      CNY     22.28
XIANGSHUI GUANJIANG HOL     4.98    12/24/22      CNY     58.98
XIANGTAN CITY CONSTRUCT     7.60    04/02/22      CNY     61.50
XIANGTAN CITY CONSTRUCT     7.80    03/12/22      CNY     53.40
XIANGTAN CITY'S CONSTRU     3.60    08/04/23      CNY     54.60
XIANGTAN CITY'S CONSTRU     3.95    08/04/23      CNY     56.58
XIANGTAN CITY'S CONSTRU     3.95    08/04/23      CNY     57.81
XIANGTAN CITY'S CONSTRU     3.60    08/04/23      CNY     57.86
XIANGTAN HI-TECH GROUP      8.16    02/25/21      CNY     20.07
XIANGTAN HI-TECH GROUP      8.16    02/25/21      CNY     28.99
XIANGTAN JIUHUA ECONOMI     5.00    07/25/26      CNY     69.60
XIANGTAN JIUHUA ECONOMI     6.59    01/21/22      CNY     39.33
XIANGTAN LIANGXING SOCI     7.89    04/23/21      CNY     20.00
XIANGTAN LIANGXING SOCI     7.89    04/23/21      CNY     20.07
XIANGTAN PROPERTY OPERA     7.50    01/30/22      CNY     98.25
XIANGTAN WANLOU XINCHEN     6.90    01/14/22      CNY     35.49
XIANGTAN WANLOU XINCHEN     6.90    01/14/22      CNY     39.63
XIANGXIANG ECONOMIC DIS     5.28    09/09/23      CNY     56.96
XIANGXIANG ECONOMIC DIS     5.28    09/09/23      CNY     57.16
XIANGXIANG URBAN CONSTR     5.84    05/18/23      CNY     59.78
XIANGXIANG URBAN CONSTR     5.84    05/18/23      CNY     60.50
XIANGYANG CITY XIANGZHO     5.18    04/28/23      CNY     60.10
XIANGYANG CITY XIANGZHO     5.18    04/28/23      CNY     60.24
XIANGYANG HIGH TECH STA     7.00    05/29/21      CNY     20.14
XIANGYANG HIGH TECH STA     7.00    05/29/21      CNY     23.38
XIANGYANG STATE-OWNED C     4.62    01/25/23      CNY     59.61
XIANGYANG STATE-OWNED C     4.62    01/25/23      CNY     59.67
XIANNING HIGH-TECH INVE     6.29    02/10/22      CNY     40.39
XIANNING HIGH-TECH INVE     6.29    02/10/22      CNY     40.56
XIANTAO CITY CONSTRUCTI     4.59    04/18/23      CNY     59.58
XIANTAO CITY CONSTRUCTI     4.59    04/18/23      CNY     59.91
XIANTAO CITY CONSTRUCTI     8.15    02/24/21      CNY     20.00
XIANTAO CITY CONSTRUCTI     8.15    02/24/21      CNY     20.13
XIAOCHANG SHUNHE DEVELO     4.15    10/17/23      CNY     57.64
XIAOGAN GAOCHUANG INVES     6.87    09/22/21      CNY     20.23
XIAOGAN GAOCHUANG INVES     6.87    09/22/21      CNY     26.69
XIAOGAN GAOCHUANG INVES     7.43    06/23/21      CNY     20.07
XIAOGAN GAOCHUANG INVES     7.43    06/23/21      CNY     32.72
XIAOGAN URBAN CONSTRUCT     3.94    07/05/21      CNY     62.84
XIAOGAN URBAN CONSTRUCT     6.89    05/29/21      CNY     20.24
XIAOGAN URBAN CONSTRUCT     6.89    05/29/21      CNY     20.40
XIAOXIAN COUNTY DEVELOP     4.85    06/22/23      CNY     60.05
XIAOXIAN COUNTY DEVELOP     4.85    06/22/23      CNY     60.17
XINDONGGANG HOLDING GRO     5.53    04/27/23      CNY     59.53
XINDONGGANG HOLDING GRO     5.53    04/27/23      CNY     59.72
XINGAN COUNTY URBAN CON     5.48    08/03/23      CNY     57.91
XINGAN COUNTY URBAN CON     5.48    08/03/23      CNY     58.44
XINGAN LEAGUE URBAN DEV     6.18    12/21/22      CNY     42.30
XINGAN LEAGUE URBAN DEV     6.18    12/21/22      CNY     42.58
XINGHUA CITY ECONOMIC D     5.28    06/13/22      CNY     49.68
XINGHUA CITY ECONOMIC D     5.28    06/13/22      CNY     50.00
XINGYI XINHENG URBAN CO     5.40    12/16/22      CNY     58.40
XINGYI XINHENG URBAN CO     5.40    12/16/22      CNY     58.70
XINJIANG KAIDI INVESTME     7.80    04/22/21      CNY     20.06
XINJIANG KAIDI INVESTME     7.80    04/22/21      CNY     21.35
XINMI CAIYUAN CITY CONS     4.35    02/28/23      CNY     59.55
XINMI CAIYUAN CITY CONS     4.35    02/28/23      CNY     59.58
XINMIN CITY LUXIN MUNIC     6.41    07/29/21      CNY     13.55
XINMIN CITY LUXIN MUNIC     6.41    07/29/21      CNY     13.87
XINTAI CITY COORDINATIN     6.35    03/23/22      CNY     40.34
XINTAI CITY COORDINATIN     6.35    03/23/22      CNY     40.75
XINYANG HUAXIN INVESTME     7.55    04/15/21      CNY     20.21
XINYANG HUAXIN INVESTME     7.55    04/15/21      CNY     26.30
XINYI CITY INVESTMENT &     4.30    01/19/23      CNY     58.75
XINYI CITY INVESTMENT &     4.30    01/19/23      CNY     60.00
XINYI URBAN TRANSPORTAT     6.14    02/06/22      CNY     40.49
XINYI URBAN TRANSPORTAT     6.14    02/06/22      CNY     41.53
XINYU CHENGDONG CONSTRU     8.48    05/27/21      CNY     20.22
XINYU CITY SHANTYTOWN Z     6.50    11/13/22      CNY     71.50
XINYU CITY YUSHUI DISTR     7.70    06/24/22      CNY     40.99
XINYU CITY YUSHUI DISTR     7.70    06/24/22      CNY     41.39
XINZHENG NEW DISTRICT D     6.40    01/29/21      CNY     25.04
XINZHOU ASSET MANAGEMEN     7.90    02/21/21      CNY     20.08
XINZHOU ASSET MANAGEMEN     7.90    02/21/21      CNY     21.07
XINZHOU ASSET MANAGEMEN     8.50    12/18/20      CNY     20.00
XINZHOU ASSET MANAGEMEN     8.50    12/18/20      CNY     20.08
XIWANG GROUP CO LTD         7.80    12/03/22      CNY     49.94
XUANCHENG CITY ECONOMY      7.95    09/22/21      CNY     20.39
XUANCHENG CITY ECONOMY      7.95    09/22/21      CNY     26.00
XUANCHENG STATE-OWNED A     4.12    04/07/23      CNY     59.77
XUANCHENG STATE-OWNED A     4.12    04/07/23      CNY     59.87
XUANCHENG STATE-OWNED A     7.95    03/27/21      CNY     20.21
XUANCHENG STATE-OWNED A     7.95    03/27/21      CNY     26.00
XUZHOU BOCHANT DEVELOPM     5.69    07/28/21      CNY     32.82
XUZHOU CITY JIAWANG CON     4.00    03/23/23      CNY     59.55
XUZHOU CITY TONGSHAN DI     5.23    09/18/22      CNY     40.00
XUZHOU CITY TONGSHAN DI     5.23    09/18/22      CNY     40.25
XUZHOU ECONOMIC TECHNOL     7.35    04/21/21      CNY     20.22
XUZHOU HI-TECH INDUSTRI     3.78    11/11/23      CNY     58.90
XUZHOU HI-TECH INDUSTRI     3.78    11/11/23      CNY     58.99
XUZHOU HI-TECH INDUSTRI     7.86    04/22/21      CNY     20.25
XUZHOU HI-TECH INDUSTRI     7.86    04/22/21      CNY     31.50
XUZHOU TRANSPORTATION H     7.09    05/15/21      CNY     20.15
XUZHOU TRANSPORTATION H     7.09    05/15/21      CNY     20.20
XUZHOU XINSHENG INVESTM     5.13    08/12/22      CNY     40.47
XUZHOU XINSHENG INVESTM     5.13    08/12/22      CNY     44.46
YANCHENG DAFENG DISTRIC     8.70    01/24/21      CNY     20.09
YANCHENG DAFENG DISTRIC     8.70    01/24/21      CNY     20.97
YANCHENG DAFENG DISTRIC     8.50    12/30/20      CNY     20.03
YANCHENG DAFENG DISTRIC     8.50    12/30/20      CNY     20.60
YANCHENG HIGH-TECH ZONE     3.90    12/14/22      CNY     39.84
YANCHENG ORIENTAL INVES     6.48    09/15/21      CNY     20.05
YANCHENG ORIENTAL INVES     6.48    09/15/21      CNY     20.16
YANCHENG SOUTH DISTRICT     6.70    07/30/21      CNY     20.32
YANCHENG SOUTH DISTRICT     6.70    07/30/21      CNY     20.40
YANCHENG YANDU DISTRICT     3.67    03/17/23      CNY     59.44
YANCHENG YANDU DISTRICT     3.67    03/17/23      CNY     59.46
YANGJIANG HENGCAI CITY      6.24    04/14/22      CNY     40.63
YANGJIANG HENGCAI CITY      6.24    04/14/22      CNY     41.20
YANGZHONG TRANSPORTATIO     4.95    04/07/23      CNY     59.73
YANGZHONG TRANSPORTATIO     4.95    04/07/23      CNY     59.92
YANGZHONG TRANSPORTATIO     4.98    04/07/23      CNY     60.04
YANGZHONG TRANSPORTATIO     4.98    04/07/23      CNY     60.28
YANGZHOU CHEMICAL INDUS     8.58    01/24/21      CNY     20.05
YANGZHOU CHEMICAL INDUS     8.58    01/24/21      CNY     26.00
YANGZHOU ECONOMIC & TEC     7.40    03/05/21      CNY     40.00
YANGZHOU ECONOMIC & TEC     7.40    03/05/21      CNY     40.24
YANGZHOU GUANGLING NEW      3.62    09/07/23      CNY     57.93
YANGZHOU GUANGLING NEW      3.62    09/07/23      CNY     58.70
YANGZHOU HANJIANG CONST     5.88    06/15/22      CNY     40.66
YANGZHOU HANJIANG CONST     5.88    06/15/22      CNY     46.63
YI CHENG CONSTRUCTION I     5.44    04/27/23      CNY     59.89
YI ZHENG CITY DEVELOPME     4.63    01/08/23      CNY     59.83
YI ZHENG CITY DEVELOPME     4.63    01/08/23      CNY     60.00
YI ZHENG CITY DEVELOPME     8.60    01/09/21      CNY     20.03
YI ZHENG CITY DEVELOPME     8.60    01/09/21      CNY     29.30
YICHANG HIGH-TECH INVES     3.74    07/21/23      CNY     59.53
YICHANG HIGH-TECH INVES     3.74    07/21/23      CNY     59.54
YICHANG HIGH-TECH INVES     4.80    12/15/22      CNY     40.34
YICHANG HIGH-TECH INVES     4.80    12/15/22      CNY     60.00
YICHUN URBAN CONSTRUCTI     7.09    05/15/21      CNY     20.15
YICHUN URBAN CONSTRUCTI     7.09    05/15/21      CNY     23.47
YICHUN VENTURE CAPITAL      6.70    03/23/22      CNY     40.50
YICHUN VENTURE CAPITAL      6.70    03/23/22      CNY     40.61
YIHUA ENTERPRISE GROUP      7.00    04/29/22      CNY     54.00
YIHUA ENTERPRISE GROUP      6.80    03/15/21      CNY     47.99
YIHUA LIFESTYLE TECHNOL     6.88    07/23/20      CNY     35.00
YIHUA LIFESTYLE TECHNOL     6.88    07/16/20      CNY     35.90
YILI KAZAKH AUTONOMOUS      7.68    02/28/21      CNY     20.10
YILI KAZAKH AUTONOMOUS      7.68    02/28/21      CNY     20.20
YINCHUAN URBAN CONSTRUC     6.88    05/12/21      CNY     20.00
YINCHUAN URBAN CONSTRUC     6.88    05/12/21      CNY     20.21
YINGKOU COASTAL DEVELOP     6.45    01/26/22      CNY     38.99
YINGKOU COASTAL DEVELOP     6.45    01/26/22      CNY     40.29
YINGKOU ECO & TECH DEVE     5.20    08/05/23      CNY     57.68
YINGKOU ECO & TECH DEVE     5.20    08/05/23      CNY     57.84
YINGKOU LAOBIAN CITY CO     4.98    03/11/23      CNY     58.58
YINGKOU LAOBIAN CITY CO     4.98    03/11/23      CNY     60.00
YINGKOU LAOBIAN CITY CO     5.63    12/16/22      CNY     59.96
YINGTAN LONGGANG ASSET      6.75    07/31/22      CNY     40.79
YINGTAN LONGGANG ASSET      6.75    07/31/22      CNY     41.18
YINGTAN STATE-OWNED ASS     7.50    12/12/22      CNY     31.02
YINGTAN STATE-OWNED ASS     7.50    12/12/22      CNY     31.02
YINGTAN STATE-OWNED ASS     3.63    08/12/21      CNY     39.77
YINING CITY STATE OWNED     5.37    09/24/22      CNY     39.00
YINING CITY STATE OWNED     5.37    09/24/22      CNY     39.11
YINING CITY STATE OWNED     8.90    01/23/21      CNY     19.92
YINING CITY STATE OWNED     8.90    01/23/21      CNY     20.05
YIWU CITY CONSTRUCTION      4.31    12/07/22      CNY     40.00
YIWU CITY CONSTRUCTION      4.31    12/07/22      CNY     40.40
YIWU URBAN & RURAL NEW      4.25    11/24/21      CNY     24.87
YIXING CITY CONSTRUCTIO     6.16    03/30/22      CNY     40.00
YIXING CITY CONSTRUCTIO     6.16    03/30/22      CNY     40.67
YIXING TUOYE INDUSTRIAL     7.60    05/28/21      CNY     20.19
YIXING TUOYE INDUSTRIAL     7.60    05/28/21      CNY     23.50
YIYANG ADVANCED INDUSTR     7.00    03/30/22      CNY     40.11
YIYANG ADVANCED INDUSTR     7.00    03/30/22      CNY     48.00
YIYANG PROVINCE AREA IN     5.16    11/23/23      CNY     56.12
YIYANG PROVINCE AREA IN     5.16    11/23/23      CNY     56.45
YIYANG PROVINCE AREA IN     4.95    10/13/23      CNY     56.42
YIYANG PROVINCE AREA IN     4.95    10/13/23      CNY     57.68
YIZHANG XINGYI CONSTRUC     5.49    09/02/24      CNY     67.24
YIZHANG XINGYI CONSTRUC     5.49    09/02/24      CNY     69.33
YONGCHENG COAL & ELECTR     6.25    01/20/23      CNY     43.20
YONGCHENG COAL & ELECTR     6.25    11/29/22      CNY     42.70
YONGCHENG COAL & ELECTR     7.50    02/02/21      CNY     40.40
YONGJIA INVESTMENT GROU     6.50    11/12/21      CNY     20.00
YONGJIA INVESTMENT GROU     6.50    11/12/21      CNY     20.31
YONGXING YINDU CONSTRUC     5.60    03/24/23      CNY     59.95
YONGXING YINDU CONSTRUC     5.60    03/24/23      CNY     60.31
YONGZHOU ECONOMIC CONST     3.55    01/14/23      CNY     59.34
YONGZHOU ECONOMIC CONST     3.55    01/14/23      CNY     60.50
YUANAN COUNTY QIFENG CI     5.50    05/27/23      CNY     60.17
YUANAN COUNTY QIFENG CI     5.50    05/27/23      CNY     60.29
YUEYANG CITY DONGTING N     6.15    03/20/22      CNY     40.05
YUEYANG CITY DONGTING N     6.15    03/20/22      CNY     40.08
YUEYANG HUILIN INVESTME     5.50    11/03/21      CNY     19.80
YUEYANG HUILIN INVESTME     5.50    11/03/21      CNY     20.07
YUEYANG YUNXI CITY CONS     5.18    11/21/23      CNY     57.16
YUEYANG YUNXI CITY CONS     6.00    07/08/23      CNY     59.52
YUEYANG YUNXI CITY CONS     6.00    07/08/23      CNY     60.08
YUHUAN CITY COMMUNICATI     6.18    03/20/22      CNY     40.40
YUHUAN CITY COMMUNICATI     6.18    03/20/22      CNY     44.47
YUHUAN CITY COMMUNICATI     5.65    11/03/21      CNY     20.21
YUHUAN CITY COMMUNICATI     5.65    11/03/21      CNY     20.22
YUHUAN CITY CONSTRUCTIO     3.72    10/21/23      CNY     58.51
YUHUAN CITY CONSTRUCTIO     3.72    10/21/23      CNY     59.09
YUHUAN CITY CONSTRUCTIO     5.10    05/03/23      CNY     59.98
YUHUAN CITY CONSTRUCTIO     5.10    05/03/23      CNY     60.43
YUNCHENG SHUIHU CITY CO     4.54    11/21/23      CNY     57.55
YUNCHENG SHUIHU CITY CO     4.54    11/21/23      CNY     58.58
YUNNAN HEALTH & CULTURA     6.77    05/23/21      CNY     19.75
YUNNAN HEALTH & CULTURA     6.77    05/23/21      CNY     19.80
YUYAO CITY CONSTRUCTION     7.09    05/19/21      CNY     20.29
YUZHOU GENERAL INVESTME     4.68    01/19/23      CNY     59.54
YUZHOU GENERAL INVESTME     4.68    01/19/23      CNY     60.00
ZAOYANG CITY CONSTRUCTI     5.50    03/22/23      CNY     59.93
ZAOYANG CITY CONSTRUCTI     5.50    03/22/23      CNY     60.26
ZHANGJIAGANG JINCHENG I     6.88    04/28/21      CNY     20.22
ZHANGJIAJIE ECONOMIC DE     7.80    04/17/21      CNY     20.12
ZHANGQIU STATE OWNED AS     3.69    08/09/23      CNY     59.16
ZHANGQIU STATE OWNED AS     3.69    08/09/23      CNY     59.19
ZHANGSHU STATE-OWNED AS     4.80    06/22/23      CNY     59.43
ZHANGSHU STATE-OWNED AS     4.80    06/22/23      CNY     62.67
ZHANGYE CITY INVESTMENT     6.92    09/22/21      CNY     20.28
ZHANGYE CITY INVESTMENT     6.92    09/22/21      CNY     20.90
ZHANGZHOU ECONOMIC DEVE     6.17    04/27/22      CNY     40.20
ZHANGZHOU ECONOMIC DEVE     6.17    04/27/22      CNY     40.52
ZHANGZHOU JIULONGJIANG      6.48    06/20/21      CNY     20.19
ZHANGZHOU JIULONGJIANG      6.48    06/20/21      CNY     20.30
ZHAOQING GAOYAO DISTRIC     6.68    04/14/22      CNY     40.00
ZHAOQING GAOYAO DISTRIC     6.68    04/14/22      CNY     40.64
ZHAOQING HI-TECH ZONE C     3.97    08/26/23      CNY     58.85
ZHAOQING HI-TECH ZONE C     3.97    08/26/23      CNY     59.01
ZHEJIANG BINHAI NEW CIT     4.65    12/23/22      CNY     59.50
ZHEJIANG BINHAI NEW CIT     4.65    12/23/22      CNY     60.25
ZHEJIANG CHANGXING JING     7.99    03/03/21      CNY     20.08
ZHEJIANG CHANGXING JING     7.99    03/03/21      CNY     30.00
ZHEJIANG GUOXING INVEST     6.94    08/01/21      CNY     20.29
ZHEJIANG GUOXING INVEST     6.94    08/01/21      CNY     28.50
ZHEJIANG HANGZHOU QINGS     7.90    04/23/21      CNY     20.25
ZHEJIANG HANGZHOU QINGS     7.90    04/23/21      CNY     24.00
ZHEJIANG HUISHENG INVES     4.49    03/15/24      CNY     69.71
ZHEJIANG HUISHENG INVES     4.49    03/15/24      CNY     70.00
ZHEJIANG OUHAI CONSTRUC     4.83    01/21/23      CNY     60.25
ZHEJIANG OUHAI CONSTRUC     6.45    04/23/22      CNY     40.59
ZHEJIANG PROVINCE XINCH     6.95    12/31/21      CNY     40.58
ZHEJIANG PROVINCE XINCH     6.95    12/31/21      CNY     41.20
ZHEJIANG PROVINCE XINCH     5.88    10/30/21      CNY     20.30
ZHEJIANG PROVINCE XINCH     5.88    10/30/21      CNY     21.06
ZHEJIANG YATAI PHARMACE     0.50    04/02/25      CNY     69.75
ZHENGZHOU AIRPORT ECONO     4.27    07/20/26      CNY     69.18
ZHENGZHOU AIRPORT ECONO     4.27    07/20/26      CNY     69.29
ZHENGZHOU JINGKAI INVES     5.48    07/31/22      CNY     40.00
ZHENGZHOU JINGKAI INVES     5.48    07/31/22      CNY     40.56
ZHENGZHOU MOUZHONG DEVE     4.59    04/18/23      CNY     59.92
ZHENGZHOU MOUZHONG DEVE     4.59    04/18/23      CNY     59.93
ZHENGZHOU MOUZHONG DEVE     7.48    12/11/21      CNY     20.44
ZHENGZHOU MOUZHONG DEVE     7.48    12/11/21      CNY     26.20
ZHENJIANG CITY CONSTRUC     8.20    01/13/21      CNY     20.04
ZHENJIANG CITY CONSTRUC     8.20    01/13/21      CNY     28.49
ZHENJIANG CITY CONSTRUC     7.90    12/18/20      CNY     20.01
ZHENJIANG CITY CONSTRUC     7.90    12/18/20      CNY     28.50
ZHENJIANG DANTU DISTRIC     5.89    11/03/21      CNY     19.80
ZHENJIANG DANTU DISTRIC     5.89    11/03/21      CNY     20.00
ZHENJIANG NEW AREA URBA     5.31    07/14/23      CNY     58.75
ZHENJIANG NEW AREA URBA     5.31    07/14/23      CNY     60.64
ZHENJIANG NEW AREA URBA     8.35    02/26/21      CNY     20.06
ZHENJIANG NEW AREA URBA     8.99    01/16/21      CNY     20.05
ZHIJIANG STATE-OWNED AS     4.38    03/28/23      CNY     59.24
ZHIJIANG STATE-OWNED AS     4.38    03/28/23      CNY     64.70
ZHIJIANG STATE-OWNED AS     4.78    01/11/23      CNY     59.67
ZHIJIANG STATE-OWNED AS     4.78    01/11/23      CNY     60.00
ZHONGGUANCUN DEVELOPMEN     4.20    08/12/22      CNY     39.85
ZHONGGUANCUN DEVELOPMEN     4.20    08/12/22      CNY     40.15
ZHONGMINTOU LEASING HOL     7.55    09/21/21      CNY     49.49
ZHONGRONG XINDA GROUP C     7.10    01/22/21      CNY     33.70
ZHONGSHAN TRANSPORTATIO     5.25    11/26/21      CNY     20.00
ZHONGSHAN TRANSPORTATIO     5.25    11/26/21      CNY     20.25
ZHOUKOU INVESTMENT GROU     7.49    04/21/21      CNY     20.10
ZHOUSHAN DINGHAI CITY C     6.67    07/20/22      CNY     40.26
ZHOUSHAN DINGHAI STATE-     7.13    08/04/21      CNY     20.18
ZHOUSHAN DINGHAI STATE-     7.13    08/04/21      CNY     20.33
ZHOUSHAN ISLANDS NEW DI     6.98    10/22/22      CNY     40.80
ZHOUSHAN ISLANDS NEW DI     6.98    10/22/22      CNY     40.98
ZHOUSHAN PUTUO DISTRICT     7.18    06/20/22      CNY     41.07
ZHOUSHAN PUTUO DISTRICT     7.18    06/20/22      CNY     41.90
ZHUHAI HUIHUA INFRASTRU     4.70    06/27/23      CNY     59.60
ZHUHAI HUIHUA INFRASTRU     4.70    06/27/23      CNY     59.78
ZHUJI CITY EAST NEW TOW     3.89    08/26/23      CNY     59.34
ZHUJI CITY YUEDU INVEST     6.38    04/07/22      CNY     40.69
ZHUZHOU CITY CONSTRUCTI     8.36    11/10/21      CNY     23.75
ZHUZHOU GECKOR GROUP CO     3.78    09/28/23      CNY     58.45
ZHUZHOU GECKOR GROUP CO     3.78    09/28/23      CNY     58.99
ZHUZHOU GECKOR GROUP CO     6.38    04/17/22      CNY     40.00
ZHUZHOU GECKOR GROUP CO     6.38    04/17/22      CNY     40.33
ZHUZHOU GECKOR GROUP CO     6.95    08/11/21      CNY     20.24
ZHUZHOU GECKOR GROUP CO     6.95    08/11/21      CNY     20.86
ZHUZHOU HI-TECH AUTO EX     4.47    11/03/23      CNY     73.58
ZHUZHOU RECYCLING ECONO     4.38    03/24/23      CNY     57.28
ZHUZHOU RECYCLING ECONO     4.38    03/24/23      CNY     57.83
ZHUZHOU XIANGJIANG SCEN     5.39    11/25/22      CNY     39.40
ZHUZHOU XIANGJIANG SCEN     5.39    11/25/22      CNY     40.63
ZIBO BANYANG CITY URBAN     5.50    09/09/22      CNY     39.65
ZIBO BANYANG CITY URBAN     5.50    09/09/22      CNY     40.00
ZIYANG WATER INVESTMENT     3.97    03/17/23      CNY     57.71
ZIYANG WATER INVESTMENT     3.97    03/17/23      CNY     57.74
ZIZHONG COUNTY XINGZI I     5.97    01/18/23      CNY     58.38
ZIZHONG COUNTY XINGZI I     5.97    01/18/23      CNY     59.68
ZUNYI ECONOMIC DEVELOPM     4.87    01/22/23      CNY     57.79
ZUNYI ECONOMIC DEVELOPM     4.87    01/22/23      CNY     60.00
ZUNYI HONGHUAGANG CITY      5.05    06/27/23      CNY     56.69
ZUNYI HONGHUAGANG CITY      5.05    06/27/23      CNY     59.20
ZUNYI NEW DISTRICT DEVE     5.99    04/07/26      CNY     67.54
ZUNYI NEW DISTRICT DEVE     5.99    04/07/26      CNY     70.01
ZUNYI ROAD & BRIDGE CON     6.10    04/27/23      CNY     52.42
ZUNYI ROAD & BRIDGE CON     6.10    04/27/23      CNY     57.96
ZUNYI TRAFFIC TRAVEL IN     7.70    09/27/27      CNY     70.05


   HONG KONG
   ---------

CAIYUN INTERNATIONAL IN     5.50    04/08/22      USD     70.52
DR PENG HOLDING HONGKON     7.55    12/01/21      USD     70.25
HNA GROUP INTERNATIONAL     6.25    10/05/21      USD     56.06


   INDIA
   -----

3I INFOTECH LTD             2.50    03/31/25      USD      9.88
ACME MEDAK SOLAR ENERGY     0.01    08/29/46      INR     12.07
ACME RANGA REDDY SOLAR      0.01    08/31/46      INR     11.94
AMPSOLAR SOLUTION PVT L     0.01    11/03/37      INR     25.89
AMPSOLAR SOLUTION PVT L     0.01    10/27/37      INR     25.94
APG HABITAT PVT LTD         1.00    09/09/28      INR     61.75
APG INTELLI HOMES PVT L     1.25    02/04/35      INR     43.63
APG INTELLI HOMES PVT L     1.25    02/04/35      INR     43.81
AUTOMOTIVE EXCHANGE PVT     4.00    10/11/30      INR     62.58
AUTOMOTIVE EXCHANGE PVT     4.00    06/01/30      INR     62.96
BREEZE CONSTRUCTIONS PV     0.01    06/29/30      INR     45.58
BRITANNIA INDUSTRIES LT     8.00    08/28/22      INR     31.50
CHANDRAJYOTI ESTATE DEV     0.01    07/06/30      INR     47.31
CREIXENT SPECIAL STEELS     0.01    08/28/25      INR     70.88
CUMULUS TRADING CO PVT      0.01    05/21/32      INR     39.37
CUMULUS TRADING CO PVT      0.01    01/23/30      INR     63.32
DEWAN HOUSING FINANCE C     8.50    04/18/23      INR     26.42
DLF EMPORIO RESTAURANTS     0.01    08/12/30      INR     46.63
DLF EMPORIO RESTAURANTS     0.01    06/29/30      INR     47.12
DLF HOME DEVELOPERS LTD     0.01    06/29/30      INR     49.22
DLF HOMES SERVICES PVT      0.01    06/29/30      INR     45.58
DLF REAL ESTATE BUILDER     0.01    06/23/30      INR     47.26
DLF RECREATIONAL FOUNDA     0.01    10/15/30      INR     44.93
DLF RESIDENTIAL BUILDER     0.01    06/23/30      INR     45.59
DLF RESIDENTIAL DEVELOP     0.01    06/28/30      INR     47.28
DLF SOUTHERN TOWNS PVT      0.01    07/09/30      INR     47.39
DOMUS REAL ESTATE PVT L     0.01    07/11/30      INR     47.37
EDELWEISS ASSET RECONST     2.00    07/22/29      INR     64.51
EDELWEISS ASSET RECONST     2.00    03/28/29      INR     65.70
EDELWEISS ASSET RECONST     2.00    01/15/29      INR     66.51
EDELWEISS ASSET RECONST     2.00    10/07/28      INR     67.62
EDELWEISS ASSET RECONST     2.00    11/20/27      INR     71.29
EDELWEISS ASSET RECONST     2.00    03/28/27      INR     73.84
ESSAR POWER TRANSMISSIO     3.00    03/31/43      INR     49.76
ESSAR POWER TRANSMISSIO     3.00    03/31/43      INR     49.76
GREEN URJA PVT LTD          0.01    02/14/30      INR     49.18
GTL INFRASTRUCTURE LTD      6.73    10/26/22      USD      5.65
HINDUSTAN CONSTRUCTION      0.01    01/05/27      INR     64.34
HITODI INFRASTRUCTURE L     0.01    06/30/27      INR     60.48
JAIPRAKASH ASSOCIATES L     5.75    09/08/17      USD     55.13
JAIPRAKASH POWER VENTUR     7.00    05/15/17      USD      4.54
JCT LTD                     2.50    04/08/11      USD     25.75
JSM CORP PVT LTD            0.01    08/31/36      INR     28.04
JTPM ATSALI LTD             0.01    08/29/48      INR     11.25
KANAKADURGA FINANCE LTD     0.01    04/15/36      INR     26.84
KRIBHCO INFRASTRUCTURE      1.00    04/15/26      INR     72.99
MARIS POWER SUPPLY CO P     2.00    04/18/28      INR     69.65
MELOSA BUILDERS & DEVEL     0.01    06/29/30      INR     45.87
MENS BUILDCON PVT LTD       0.01    06/29/30      INR     45.87
MYTRAH AADHYA POWER PVT     0.01    07/05/35      INR     31.56
MYTRAH ADVAITH POWER PV     0.01    07/13/36      INR     28.89
MYTRAH AKSHAYA ENERGY P     0.01    07/13/36      INR     28.89
NEEMUCH SOLAR POWER PVT     0.01    08/29/46      INR     12.07
ORIGAMI CELLULO PVT LTD     0.01    11/14/36      INR     27.63
PRAKASH INDUSTRIES LTD      5.25    04/30/15      USD     22.63
PUNJAB INFRASTRUCTURE D     0.40    10/15/33      INR     44.62
PUNJAB INFRASTRUCTURE D     0.40    10/15/32      INR     47.45
PUNJAB INFRASTRUCTURE D     0.40    10/15/31      INR     50.73
PUNJAB INFRASTRUCTURE D     0.40    10/15/30      INR     54.31
PUNJAB INFRASTRUCTURE D     0.40    10/15/29      INR     58.24
PUNJAB INFRASTRUCTURE D     0.40    10/15/28      INR     62.49
PUNJAB INFRASTRUCTURE D     0.40    10/15/27      INR     67.08
PUNJAB INFRASTRUCTURE D     0.40    10/15/26      INR     71.96
PURVANCHAL SOLAR POWER      0.01    08/29/46      INR     12.07
PYRAMID SAIMIRA THEATRE     1.75    07/04/12      USD      0.26
R L FINE CHEM PVT LTD       0.10    08/19/36      INR     28.53
REDKITE CAPITAL PVT LTD     2.50    03/30/29      INR     68.74
REDKITE CAPITAL PVT LTD     2.50    01/15/28      INR     73.42
REI AGRO LTD                5.50    11/13/14      USD      0.96
REI AGRO LTD                5.50    11/13/14      USD      0.96
RELIANCE COMMUNICATIONS     6.50    11/06/20      USD      8.94
REWANCHAL SOLAR POWER P     0.01    08/29/46      INR     12.07
SAKET HOLIDAYS RESORTS      0.01    06/29/30      INR     47.27
SHIVAJI MARG MAINTENANC     0.01    06/28/30      INR     45.70
SINTEX INDUSTRIES LTD       3.50    05/25/22      USD     23.63
SUNWORLD SOLAR POWER PV     0.01    08/31/46      INR     11.94
SURBHI INVESTMENTS & TR     2.50    10/21/28      INR     70.11
SUTARA ROADS & INFRA LT     0.01    08/31/30      INR     55.05
SUZLON ENERGY LTD           5.75    07/16/19      USD     23.42
SUZLON ENERGY LTD           5.75    07/16/19      USD     23.42
SVOGL OIL GAS & ENERGY      5.00    08/17/15      USD      0.61
TATA SMARTFOODZ LTD         0.01    11/23/25      INR     70.16
TATA SMARTFOODZ LTD         0.01    07/15/25      INR     72.38
TN URJA PVT LTD             0.10    02/22/36      INR     29.68
VIDEOCON INDUSTRIES LTD     2.80    12/31/20      USD     28.88
WATSUN INFRABUILD PVT L     4.00    10/16/37      INR     58.55
WS T&D LTD                  0.10    03/24/29      INR     53.61
ZYDUS FOUNDATION            0.10    03/25/25      INR     74.23


   INDONESIA
   ---------

ALAM SUTERA REALTY TBK      6.25    11/02/25      USD     70.84
BERAU COAL ENERGY TBK P     7.25    03/13/17      USD     44.54
BERAU COAL ENERGY TBK P     7.25    03/13/17      USD     44.54
DAVOMAS INTERNATIONAL F    11.00    12/08/14      USD      0.44
DAVOMAS INTERNATIONAL F    11.00    12/08/14      USD      0.44
DAVOMAS INTERNATIONAL F    11.00    05/09/11      USD      0.44
DAVOMAS INTERNATIONAL F    11.00    05/09/11      USD      0.44
DELTA MERLIN DUNIA TEKS     8.63    03/12/24      USD      4.13
DELTA MERLIN DUNIA TEKS     8.63    03/12/24      USD      7.83
MEDIKALOKA HERMINA TBK      8.00    09/08/23      IDR     53.00
MNC INVESTAMA TBK PT        9.00    05/11/21      USD     66.08
WAHANA OTTOMITRA MULTIA     9.15    05/29/21      IDR     60.01


   JAPAN
   -----

AVANSTRATE INC              0.15    10/29/32      JPY      9.75
HIS CO LTD                  0.58    02/19/27      JPY     55.81
HIS CO LTD                  0.44    02/20/24      JPY     73.15
MITSUI E&S HOLDINGS CO      0.70    09/15/23      JPY     68.94
MITSUI E&S HOLDINGS CO      0.62    12/15/22      JPY     73.17
TKJP CORP                   0.58    03/26/21      JPY      2.02
TKJP CORP                   0.85    03/06/19      JPY      2.02
TKJP CORP                   1.02    12/15/17      JPY      0.50
UNIZO HOLDINGS CO LTD       1.50    11/26/27      JPY     39.31
UNIZO HOLDINGS CO LTD       1.20    05/28/27      JPY     39.76
UNIZO HOLDINGS CO LTD       0.99    11/27/26      JPY     40.00
UNIZO HOLDINGS CO LTD       1.10    11/28/24      JPY     49.57
UNIZO HOLDINGS CO LTD       0.89    05/29/24      JPY     52.05
UNIZO HOLDINGS CO LTD       0.80    11/29/23      JPY     53.40
UNIZO HOLDINGS CO LTD       0.85    05/26/23      JPY     58.43
UNIZO HOLDINGS CO LTD       0.75    11/28/22      JPY     61.92
UNIZO HOLDINGS CO LTD       0.52    05/27/22      JPY     66.89
UNIZO HOLDINGS CO LTD       0.43    11/29/21      JPY     72.16


   MALAYSIA
   --------

ASIAN PAC HOLDINGS BHD      3.00    05/25/22      MYR      0.64
BERJAYA CORP BHD            2.00    05/29/26      MYR      0.35
BERJAYA CORP BHD            5.00    04/22/22      MYR      0.23
ELK-DESA RESOURCES BHD      3.25    04/14/22      MYR      1.12
HIAP TECK VENTURE BHD       5.00    06/23/21      MYR      0.47
HUME CEMENT INDUSTRIES      5.00    05/29/24      MYR      1.42
MALAYAN FLOUR MILLS BHD     5.00    01/24/24      MYR      1.33
MEX II SDN BHD              6.40    04/28/34      MYR     74.94
PENGURUSAN AIR SPV BHD      1.00    11/05/35      MYR     67.92
PENGURUSAN AIR SPV BHD      1.00    09/28/35      MYR     68.22
PMB TECHNOLOGY BHD          3.00    07/12/23      MYR      4.20
SENAI-DESARU EXPRESSWAY     1.35    06/30/31      MYR     74.45


   NEW ZEALAND
   -----------

PRECINCT PROPERTIES NEW     4.80    09/27/21      NZD      1.17


   PHILIPPINES
   -----------

BAYAN TELECOMMUNICATION    15.00    07/15/06      USD     22.75



   SINGAPORE
   ---------

ASL MARINE HOLDINGS LTD     3.00    10/01/26      SGD     42.13
ASL MARINE HOLDINGS LTD     3.00    03/28/25      SGD     42.13
BAKRIE TELECOM PTE LTD     11.50    05/07/15      USD      0.60
BAKRIE TELECOM PTE LTD     11.50    05/07/15      USD      0.60
BERAU CAPITAL RESOURCES    12.50    07/08/15      USD     32.08
BERAU CAPITAL RESOURCES    12.50    07/08/15      USD     32.08
BLD INVESTMENTS PTE LTD     8.63    03/23/15      USD      4.88
BLUE OCEAN RESOURCES PT     8.00    12/31/21      USD     28.38
BLUE OCEAN RESOURCES PT     8.00    12/31/21      USD     28.38
BLUE OCEAN RESOURCES PT     8.00    12/31/21      USD     28.38
ENERCOAL RESOURCES PTE      9.25    08/05/14      USD     45.75
ETERNA CAPITAL PTE LTD      8.00    12/11/22      USD     30.64
ETERNA CAPITAL PTE LTD      7.50    12/11/22      USD     65.45
EZRA HOLDINGS LTD           4.88    04/24/18      SGD      5.00
GEO COAL INTERNATIONAL      8.00    10/04/22      USD     72.00
GEO COAL INTERNATIONAL      8.00    10/04/22      USD     72.00
INDO INFRASTRUCTURE GRO     2.00    07/30/10      USD      1.00
INNOVATE CAPITAL PTE LT     6.00    12/11/24      USD     13.00
ITNL OFFSHORE PTE LTD       7.50    01/18/21      CNY     15.00
JGC VENTURES PTE LTD       10.75    08/30/21      USD     40.50
MICLYN EXPRESS OFFSHORE     8.75    11/25/18      USD     19.31
MODERNLAND OVERSEAS PTE     6.95    04/13/24      USD     43.21
MULHACEN PTE LTD            6.50    08/01/23      EUR     57.23
MULHACEN PTE LTD            6.50    08/01/23      EUR     57.53
NT RIG HOLDCO PTE LTD       7.50    12/20/21      USD     58.22
ORO NEGRO DRILLING PTE      7.50    01/24/19      USD     14.26
PACIFIC RADIANCE LTD        4.30    03/31/20      SGD     10.00
RICKMERS MARITIME           8.45    05/15/17      SGD      5.00
SOECHI CAPITAL PTE LTD      8.38    01/31/23      USD     68.23
SOECHI CAPITAL PTE LTD      8.38    01/31/23      USD     69.52
SSMS PLANTATION HOLDING     7.75    01/23/23      USD     66.40
SWIBER CAPITAL PTE LTD      6.50    08/02/18      SGD      4.20
SWIBER CAPITAL PTE LTD      6.25    10/30/17      SGD      4.20
SWIBER HOLDINGS LTD         7.75    09/18/17      CNY      6.12
SWIBER HOLDINGS LTD         7.13    04/18/17      SGD      6.13
SWIBER HOLDINGS LTD         5.55    10/10/16      SGD     12.25


   SOUTH KOREA
   -----------

ECOMAISTER CO LTD           2.00    10/11/22      KRW     29.35
HEUNGKUK FIRE & MARINE      5.70    12/29/46      KRW     44.30
HMM CO LTD                  1.00    04/07/21      KRW     68.41
KIBO ABS SPECIALTY CO L     5.00    02/24/23      KRW     70.77
KIBO ABS SPECIALTY CO L     5.00    02/28/22      KRW     72.03
KIBO ABS SPECIALTY CO L     5.00    02/24/22      KRW     72.87
KIBO ABS SPECIALTY CO L     5.00    08/28/21      KRW     73.58
KIBO ABS SPECIALTY CO L     5.00    02/26/21      KRW     68.10
LOTTE CARD CO LTD           3.95    06/28/49      KRW     38.63
POSCO ENERGY CO LTD         5.21    08/29/43      KRW     62.27
SAMPYO CEMENT CO LTD        8.10    06/26/15      KRW     70.00
SAMPYO CEMENT CO LTD        8.10    04/12/15      KRW     70.00
SAMPYO CEMENT CO LTD        8.30    09/10/14      KRW     70.00
SAMPYO CEMENT CO LTD        7.50    07/20/14      KRW     70.00
SAMPYO CEMENT CO LTD        8.30    04/20/14      KRW     70.00
SINBO SECURITIZATION SP     5.00    02/27/24      KRW     68.95
SINBO SECURITIZATION SP     3.00    01/29/24      KRW     66.01
SINBO SECURITIZATION SP     4.00    01/29/24      KRW     67.97
SINBO SECURITIZATION SP     4.00    01/29/24      KRW     67.97
SINBO SECURITIZATION SP     4.00    12/25/23      KRW     66.90
SINBO SECURITIZATION SP     4.00    12/25/23      KRW     66.90
SINBO SECURITIZATION SP     5.00    12/25/23      KRW     70.15
SINBO SECURITIZATION SP     3.00    11/21/23      KRW     64.02
SINBO SECURITIZATION SP     5.00    11/21/23      KRW     68.30
SINBO SECURITIZATION SP     5.00    10/24/23      KRW     68.62
SINBO SECURITIZATION SP     5.00    10/24/23      KRW     68.62
SINBO SECURITIZATION SP     5.00    09/26/23      KRW     68.99
SINBO SECURITIZATION SP     5.00    09/26/23      KRW     68.99
SINBO SECURITIZATION SP     5.00    09/26/23      KRW     68.99
SINBO SECURITIZATION SP     5.00    08/29/23      KRW     68.04
SINBO SECURITIZATION SP     5.00    08/29/23      KRW     68.04
SINBO SECURITIZATION SP     5.00    07/24/23      KRW     68.40
SINBO SECURITIZATION SP     5.00    06/27/23      KRW     68.71
SINBO SECURITIZATION SP     5.00    03/20/23      KRW     72.26
SINBO SECURITIZATION SP     5.00    02/28/23      KRW     72.41
SINBO SECURITIZATION SP     5.00    01/29/23      KRW     69.52
SINBO SECURITIZATION SP     5.00    01/25/23      KRW     67.11
SINBO SECURITIZATION SP     5.00    12/25/22      KRW     69.77
SINBO SECURITIZATION SP     5.00    09/28/22      KRW     74.41
SINBO SECURITIZATION SP     5.00    09/26/22      KRW     66.85
SINBO SECURITIZATION SP     5.00    08/31/22      KRW     65.93
SINBO SECURITIZATION SP     5.00    08/29/22      KRW     65.92
SINBO SECURITIZATION SP     5.00    07/26/22      KRW     66.24
SINBO SECURITIZATION SP     5.00    07/24/22      KRW     66.26
SINBO SECURITIZATION SP     5.00    06/29/22      KRW     74.33
SINBO SECURITIZATION SP     5.00    06/27/22      KRW     66.62
SINBO SECURITIZATION SP     5.00    02/28/22      KRW     72.02
SINBO SECURITIZATION SP     5.00    02/23/22      KRW     64.54
SINBO SECURITIZATION SP     5.00    01/26/22      KRW     64.12
SINBO SECURITIZATION SP     5.00    01/25/22      KRW     64.10
SINBO SECURITIZATION SP     5.00    12/27/21      KRW     72.71
SINBO SECURITIZATION SP     5.00    08/31/21      KRW     62.58
SINBO SECURITIZATION SP     5.00    07/26/21      KRW     63.11
SINBO SECURITIZATION SP     5.00    06/29/21      KRW     73.79
SINBO SECURITIZATION SP     5.00    03/21/21      KRW     67.61
SINBO SECURITIZATION SP     5.00    12/21/20      KRW     71.34


   SRI LANKA
   ---------

SRI LANKA DEVELOPMENT B     4.91    01/22/25      USD     55.44
SRI LANKA DEVELOPMENT B     5.98    01/22/25      USD     58.06
SRI LANKA DEVELOPMENT B     6.02    01/22/25      USD     58.17
SRI LANKA DEVELOPMENT B     6.50    01/22/25      USD     59.39
SRI LANKA DEVELOPMENT B     6.75    01/22/25      USD     60.03
SRI LANKA DEVELOPMENT B     6.80    01/22/25      USD     60.16
SRI LANKA DEVELOPMENT B     6.82    01/22/25      USD     60.20
SRI LANKA DEVELOPMENT B     6.87    01/22/25      USD     60.33
SRI LANKA DEVELOPMENT B     4.14    05/01/23      USD     64.29
SRI LANKA DEVELOPMENT B     4.18    05/01/23      USD     64.36
SRI LANKA DEVELOPMENT B     5.66    05/01/23      USD     66.91
SRI LANKA DEVELOPMENT B     6.69    05/01/23      USD     68.67
SRI LANKA DEVELOPMENT B     6.70    05/01/23      USD     68.69
SRI LANKA DEVELOPMENT B     6.71    05/01/23      USD     68.71
SRI LANKA DEVELOPMENT B     4.27    03/16/23      USD     65.67
SRI LANKA DEVELOPMENT B     6.62    03/16/23      USD     69.53
SRI LANKA DEVELOPMENT B     4.30    01/22/23      USD     67.16
SRI LANKA DEVELOPMENT B     4.49    01/22/23      USD     67.46
SRI LANKA DEVELOPMENT B     5.94    01/22/23      USD     69.71
SRI LANKA GOVERNMENT IN     7.55    03/28/30      USD     56.49
SRI LANKA GOVERNMENT IN     7.55    03/28/30      USD     56.55
SRI LANKA GOVERNMENT IN     7.85    03/14/29      USD     56.62
SRI LANKA GOVERNMENT IN     7.85    03/14/29      USD     56.68
SRI LANKA GOVERNMENT IN     6.75    04/18/28      USD     56.44
SRI LANKA GOVERNMENT IN     6.75    04/18/28      USD     56.60
SRI LANKA GOVERNMENT IN     6.20    05/11/27      USD     56.44
SRI LANKA GOVERNMENT IN     6.20    05/11/27      USD     56.60
SRI LANKA GOVERNMENT IN     6.83    07/18/26      USD     57.12
SRI LANKA GOVERNMENT IN     6.83    07/18/26      USD     57.61
SRI LANKA GOVERNMENT IN     6.85    11/03/25      USD     59.36
SRI LANKA GOVERNMENT IN     6.85    11/03/25      USD     59.50
SRI LANKA GOVERNMENT IN     6.13    06/03/25      USD     59.90
SRI LANKA GOVERNMENT IN     6.13    06/03/25      USD     59.97
SRI LANKA GOVERNMENT IN     6.35    06/28/24      USD     60.24
SRI LANKA GOVERNMENT IN     6.35    06/28/24      USD     60.30
SRI LANKA GOVERNMENT IN     6.85    03/14/24      USD     60.88
SRI LANKA GOVERNMENT IN     6.85    03/14/24      USD     61.00
SRI LANKA GOVERNMENT IN     5.75    04/18/23      USD     65.21
SRI LANKA GOVERNMENT IN     5.75    04/18/23      USD     65.22
SRI LANKA GOVERNMENT IN     5.88    07/25/22      USD     69.85
SRI LANKA GOVERNMENT IN     5.88    07/25/22      USD     70.20
SRILANKAN AIRLINES LTD      7.00    06/25/24      USD     55.32


   THAILAND
   --------

G STEEL PCL                 3.00    10/04/15      USD      0.55
MDX PCL                     4.75    09/17/03      USD     22.88



                           *********


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-Asia Pacific 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, Joy A. Agravante, Rousel Elaine T. Fernandez,
Julie Anne L. Toledo, Ivy B. Magdadaro and Peter A. Chapman,
Editors.

Copyright 2020.  All rights reserved.  ISSN: 1520-9482.

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.

TCR-AP subscription rate is US$775 for 6 months 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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