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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, November 15, 2022, Vol. 25, No. 222

                           Headlines



A U S T R A L I A

BIRBILIS BROS: Second Creditors' Meeting Set for Nov. 18
FRASERS GROUP: First Creditors' Meeting Set for Nov. 21
GENESIS CARE: Moody's Cuts CFR to Caa2, Outlook Remains Negative
IRIDIUM LOGISTICS: First Creditors' Meeting Set for Nov. 17
LATITUDE AUSTRALIA 2020-1: Moody's Ups Rating on E Notes from Ba1

VOLY: Food Delivery App Suddenly Shut Down


C H I N A

CENTRAL CHINA REAL: Fitch Cuts LT Foreign Currency IDR to 'C'
CHINA: Plans Property Rescue in Latest Surprise Policy Shift
CHINA: Proposes New Rules on Banking Sector Bankruptcy
COUNTRY GARDEN: Fitch Affirms & Then Withdraws 'BB-' IDRs
COUNTRY GARDEN: Moody's Cuts CFR & Senior Unsecured Notes to Ba3

ZIJIN MINING: Fitch Lowers LongTerm IDR to 'BB+', Outlook Stable


I N D I A

A V OVERSEAS: CARE Lowers Rating on INR7.50cr LT Loan to B
ADINO TELECOM: ICRA Keeps B+ Debt Rating in Not Cooperating
AGROW FOODS: CARE Keeps D Debt Rating in Not Cooperating Category
ASACO PRIVATE: CARE Lowers Rating on INR5.56cr LT Loan to B+
BARAKA OVERSEAS: ICRA Keeps B+ Debt Rating in Not Cooperating

BARD ROY: Insolvency Resolution Process Case Summary
BHADRESHWAR VIDYUT: Insolvency Resolution Process Case Summary
BHAGWATI WOVEN: ICRA Keeps B Debt Ratings in Not Cooperating
BRAHMAPUTRA TUBULARS: Insolvency Resolution Process Case Summary
DAKSHINESWAR RICE: CARE Keeps B- Debt Rating in Not Cooperating

DHANRAJ COTTON: CARE Lowers Rating on INR12.00cr LT Loan to B
ES GREEN POWER: Voluntary Liquidation Process Case Summary
GANESH EDUCATION: CARE Keeps D Debt Rating in Not Cooperating
GAYATRI BIO-ORGANICS: CARE Keeps D Debt Ratings in Not Cooperating
GORAYA STRAW: CARE Keeps D Debt Ratings in Not Cooperating

GVK INDUSTRIES: CARE Keeps D Debt Ratings in Not Cooperating
HARIKISHAN TEJMAL: CARE Keeps D Debt Ratings in Not Cooperating
HARO GOURI: CARE Lowers Rating on INR8.48cr LT Loan to B
IKO HOSPITALITY: Insolvency Resolution Process Case Summary
JAHNVIS MULTI: CARE Keeps B- Debt Rating in Not Cooperating

KAY VEE: CARE Keeps B- Debt Rating in Not Cooperating Category
KILBURN OFFICE: Insolvency Resolution Process Case Summary
KLING ENTERPRISES: Insolvency Resolution Process Case Summary
KRISHNA EXPORT: CARE Lowers Rating on INR8.50cr LT Loan to B-
MADURAI TUTICORIN: ICRA Reaffirms D Rating on INR463.01cr Loan

MALE SQUARE: Liquidation Process Case Summary
N. D. PLASTICS: ICRA Keeps B- Debt Rating in Not Cooperating
NARAYAN BUILDERS: CARE Lowers Rating on INR32cr LT Loan to B
NIK-SAN ENGINEERING: Insolvency Resolution Process Case Summary
NORTH AMERICAN COAL : Voluntary Liquidation Process Case Summary

PAARI CHEM: ICRA Keeps B+ Debt Rating in Not Cooperating Category
PADMANABH SPORTS: Insolvency Resolution Process Case Summary
PENGUINE HOSPITALITY: Insolvency Resolution Process Case Summary
PG ADVERTISING PRIVATE: Insolvency Resolution Process Case Summary
PLASTO INDIA: ICRA Withdraws B+ Rating on INR4.0cr LT Cash Loan

R. M. AUTO: CARE Keeps C Debt Rating in Not Cooperating Category
REASELACK POLYMERS: Insolvency Resolution Process Case Summary
SCHIFFLIES INDIA: Insolvency Resolution Process Case Summary
SPENCER SYSTEMS: CARE Keeps B- Debt Rating in Not Cooperating
STERLING GLOBAL: CARE Keeps D Debt Rating in Not Cooperating

SUPERWAYS ENTERPRISES: Insolvency Resolution Process Case Summary
TAMIL NADU: ICRA Reaffirms D Rating on INR118.01cr Term Loan
TEAMSPIRIT FACILITY: Insolvency Resolution Process Case Summary
TRICHY THANJAVUR: ICRA Reaffirms D Rating on INR172.86cr Loan
VEER INFRA: CARE Keeps B- Debt Ratings in Not Cooperating Category

VISHNU OVERSEAS: Insolvency Resolution Process Case Summary
ZUBERI FIBRES: Insolvency Resolution Process Case Summary


I N D O N E S I A

KAWASAN INDUSTRI: Fitch Lowers Issuer Default Rating to 'C'


M A L A Y S I A

1MDB: Convicted Ex-Goldman Banker Sues Ex-Boss Over Fraud
KNM GROUP: Executive Director and Group CEO Resigns


N E W   Z E A L A N D

ESPRESSO KIOSK: Creditors' Proofs of Debt Due on Dec. 9
HUGHES ENTERPRISES: Creditors' Proofs of Debt Due on Dec. 2
MK BUILDERS: Court to Hear Wind-Up Petition on Nov. 17
NAVIGATOR CONSTRUCTION: Creditors' Proofs of Debt Due on Dec. 9
THONY BUILDERS: Court to Hear Wind-Up Petition on Nov. 18



S I N G A P O R E

AUTOEXPORT & EPZ: Court to Hear Wind-Up Petition on Nov. 25
CDL HOSPITALITY: Fitch Affirms 'BB+' LongTerm IDR, Outlook Stable
CHIAM JOO: Court Enters Wind-Up Order
DREAMLAND PRODUCTION: Court to Hear Wind-Up Petition
FANTASY PACKAGING: Court to Hear Wind-Up Petition on Nov. 25

LAMPE ASIA: Court to Hear Wind-Up Petition on Nov. 25
TERRA LITE: Court to Hear Wind-Up Petition on Nov. 25


S O U T H   K O R E A

SSANGYONG MOTOR: Graduates From Court-Led Debt Revamp Program


S R I   L A N K A

SRI LANKA: Budget to Seek Recovery for Crisis-Hit Economy


T H A I L A N D

THAI AIRWAYS: To Name New CEO as Early as January 2023


X X X X X X X X

[*] BOND PRICING: For the Week Nov. 7, 2022 to Nov. 11, 2022

                           - - - - -


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

BIRBILIS BROS: Second Creditors' Meeting Set for Nov. 18
--------------------------------------------------------
A second meeting of creditors in the proceedings of Birbilis Bros
Pty Ltd has been set for Nov. 18, 2022, at 10:00 a.m. at the
offices of Vincents at Level 34, 32 Turbot Street in Brisbane and
via Zoom.
  
The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Nov. 17, 2022, at 4:00 p.m.

Nick Combis of Vincents Chartered Accountants was appointed as
administrator of the company on Oct. 14, 2022.


FRASERS GROUP: First Creditors' Meeting Set for Nov. 21
-------------------------------------------------------
A first meeting of the creditors in the proceedings of Frasers
Group Australia Pty Ltd will be held on Nov. 21, 2022, at 10:30
a.m. via teleconference only.

Marcus William Ayres of Kroll Advisory Co was appointed as
administrator of the company on Nov. 9, 2022.


GENESIS CARE: Moody's Cuts CFR to Caa2, Outlook Remains Negative
----------------------------------------------------------------
Moody's Investors Service has downgraded Genesis Care Finance Pty
Ltd's (GenesisCare) corporate family rating to Caa2 from B3.  The
outlook remains negative.

At the same time, Moody's has downgraded to Caa2 from B3 the
ratings of the backed senior secured term loan B facility entered
into by Genesis Specialist Care Finance UK Limited, a 100%-owned
and guaranteed subsidiary of GenesisCare. Moody's has also
downgraded to Caa2 from B3 the backed senior secured ratings of the
senior secured term loan B facility entered into by GenesisCare USA
Holdings, Inc., a 100%-owned and guaranteed subsidiary of
GenesisCare.

The outlooks on all ratings remain negative.

"The downgrade reflects Moody's view that GenesisCare's capital
structure has become unsustainable due to lower revenues, higher
costs and continued capital spending, and that the company will
experience material liquidity issues over the next 12-18 months
without further shareholder support," says Maadhavi Barber, a
Moody's Analyst.

RATINGS RATIONALE

Capital management initiatives, including sale and leasebacks,
shareholder loans and the sale of the cardiology segment, have
helped the company to avoid a potential default to date.  As of
September 30, 2022, GenesisCare held USD154 million cash on its
balance sheet compared with USD54.3 million as of June 30, 2022,
bolstered by the USD84.7 million proceeds from the recent
cardiology business sale. However, Moody's estimates GenesisCare
will be free cash flow negative by November 2023 in the absence of
shareholder or external third-party capital support.

The company has drawn almost 40% of its multi-currency AUD200
million revolving credit facilities.  GenesisCare cannot draw any
more than 40% without breaching financial covenants under the
Senior Facilities Agreements, given that the Senior Secured
Leverage ratio (based on the company's calculations) exceeds 7.5x.

Furthermore, the company has continued to increase its capital
expenditure and integrate new sites, which results in higher
leverage due to the timing mismatch between opening the clinic and
realizing full earnings capacity.

GenesisCare's leverage (as measured by Moody's adjusted debt to
EBITDA) increased to 21.8x as of June 30, 2022 due to weak EBITDA,
from 14.8x in the year ended June 30, 2021.  

The negative outlook reflects Moody's view that there will not be a
material improvement in GenesisCare's earnings and credit metrics
due to slow radiotherapy volume recovery in some jurisdictions,
higher costs and continued capital spending.

Moody's expects patients to become more comfortable in attending
appointments, or their need to attend appointments will become
critical given that screenings and treatments have been postponed
during the pandemic. However, the rate of recovery in each
operating jurisdiction will vary in line with differences in the
pandemic's severity. For example, Moody's estimates a faster
recovery in Australia and the UK, compared with a slower and more
gradual recovery in the US and Spain.  The company also lost a high
margin contract in Spain, which offsets improving performance in
the UK.

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

The ratings are unlikely to be upgraded in the near term, given the
company's current weak liquidity position and elevated leverage as
a result the pandemic, high costs and continued capital spending.


The outlook could return to stable if the company improves its
overall earnings levels, reduces its level of gross debt and/or
receives material liquidity support from shareholders or an
external third party. Any further positive momentum in the
company's rating level would require a significant improvement in
its capital structure and business fundamentals so that they become
sustainable.

Moody's could downgrade the rating if GenesisCare cannot achieve a
sustainable capital structure.

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

ENVIRONMENTAL, SOCIAL, GOVERNANCE CONSIDERATIONS (ESG)

GenesisCare's ESG considerations have a very highly negative
(CIS-5) impact on its rating, reflecting governance considerations,
and are a driver of this rating action.

Genesis Care's exposure to governance risks is very highly negative
(G-5 issuer profile score), reflecting aggressive financial
policies under private equity ownership, high financial leverage,
and a track record of operational underperformance. In addition,
the company's controlled ownership limits the independence of the
company's board.

COMPANY PROFILE

GenesisCare is a healthcare company focusing primarily on cancer
care through the provision of radiotherapy services. The company
currently operates cancer clinics and radiotherapy treatment
centers across the US, Australia, the UK and Spain. GenesisCare is
owned by China Resources Group (36.3%), Kohlberg Kravis Roberts &
Co. L.P. (KKR) (31.2%) and doctors and management (32.5%).

IRIDIUM LOGISTICS: First Creditors' Meeting Set for Nov. 17
-----------------------------------------------------------
A first meeting of the creditors in the proceedings of Iridium
Logistics Pty Ltd will be held on Nov. 17, 2022, at 11:00 a.m. at
the offices of Jirsch Sutherland in Level 30 140 William Street at
Melbourne.

Malcolm Kimbal Howell of Jirsch Sutherland was appointed as
administrator of the company on Nov. 8, 2022.


LATITUDE AUSTRALIA 2020-1: Moody's Ups Rating on E Notes from Ba1
-----------------------------------------------------------------
Moody's Investors Service has upgraded the ratings on two classes
of notes issued by Latitude Australia Personal Loans Series 2020-1
Trust.

The affected ratings are as follows:

Issuer: Latitude Australia Personal Loans Series 2020-1 Trust

Class D Notes, Upgraded to A2 (sf); previously on Jan 11, 2022
Upgraded to A3 (sf)

Class E Notes, Upgraded to Baa3 (sf); previously on Jan 11, 2022
Upgraded to Ba1 (sf)

RATINGS RATIONALE

The upgrades were prompted by an increase in note subordination
available to the affected notes and performance of the collateral
pool to date.

Following the October 2022 payment, note subordination available
for the Class D and Class E Notes has increased to 22.2% and 11.2%,
respectively, from 20.9% and 9.7% at the time of the last rating
action for these notes in January 2022.

As of September 2022, 2.1% of the outstanding pool was 30-plus day
delinquent and 0.4% was 90-plus day delinquent. The deal has
incurred 3.3% of losses to date, which have been covered by excess
spread.

Based on the observed performance to date and loan attributes,
Moody's has maintained its expected default assumption at 9.7% as
of the last rating action in January 2022. Moody's also maintained
the Aaa portfolio credit enhancement at 38%.

The transaction is a cash securitization of unsecured personal
loans extended to obligors located in Australia. All receivables
were originated by Latitude Personal Finance Pty Limited.

The principal methodology used in these ratings was "Moody's
Approach to Rating Consumer Loan-Backed ABS" published in July
2022.

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

Factors that could lead to an upgrade of the ratings include (1)
performance of the underlying collateral that is better than
Moody's expectations, and (2) an increase in credit enhancement
available for the notes.

Factors that could lead to a downgrade of the ratings include (1)
performance of the underlying collateral that is worse than Moody's
expectations, (2) a decrease in credit enhancement available for
the notes, and (3) a deterioration in the credit quality of the
transaction counterparties.

VOLY: Food Delivery App Suddenly Shut Down
------------------------------------------
News.com.au reports that Australian online grocery delivery
start-up Voly appears to have abruptly shut down, leaving customers
trying to place orders completely in the dark.

News.com.au relates that the company, which raised $18 million in
funding at the end of last year, suddenly began displaying a
"closed until further notice" message to users of its app on
Nov. 11.

Social media accounts for the brand, including on Facebook,
Instagram and Twitter, have been closed down with no explanation.

News.com.au says the start-up's most recent blog activity was in
January, with its social accounts having not been active in several
months.

More staff were laid off last week after the company sacked half
its office staff in June and shut down its Sydney warehouses in
Crows Nest, Manly, Maroubra and Alexandria, the report relates.

While the brand sold itself on the promise of groceries delivered
in 15 minutes or less, delivery times were extended to 20 minutes
and plans to expand into Melbourne were paused indefinitely.

It was understood the sector was struggling to compete with
supermarket giants Woolworths and Coles, the report states.

The start-up - founded by Mark Heath and Thibault Henry - delivered
to about 42 suburbs.

The duo told staff earlier this year the business had enough
funding to see it through until February 2023.

Mr. Heath last week confirmed more staff had been let go, but he
could not "comment further because we're engaged in a couple of
transactions", News.com.au relays citing the Australian Financial
Review.

Voly's trouble comes after the collapse of rival service, Send,
which went into voluntary administration less than 12 months after
launching, News.com.au notes.

An administrator's report revealed the start-up had burned through
a whopping $11 million in just eight months.




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

CENTRAL CHINA REAL: Fitch Cuts LT Foreign Currency IDR to 'C'
-------------------------------------------------------------
Fitch Ratings has downgraded Central China Real Estate Limited's
(CCRE) Long-Term Foreign-Currency Issuer Default Rating (IDR) to
'C' from 'B'/Negative. The senior unsecured rating has been
downgraded to 'C' from 'B' with the Recovery Rating remaining at
'RR4'.

The downgrade follows Central China's failure to pay interest on
its USD200 million 7.9% bond due November 2023, which had been due
on 7 November 2022. The 'C' rating is in line with Fitch's rating
definition for an issuer that has entered into a grace period
following non-payment of a material financial obligation.

KEY RATING DRIVERS

Missing Bond Interest Payment: Management confirmed to Fitch that
CCRE did not pay the bond interest due 7 November 2022 but expects
to make the interest payment within the 30-day grace period. CCRE
states that it missed the interest payment due to the
Covid-19-related restrictions in Zhengzhou, resulting in a
processing delay by the relevant banks for the fund transfer.
According to the terms of the prospectus, the issuer has a 30-day
grace period to pay the interest before an "event of default" is
triggered.

Large Maturities in 2023: CCRE has significant offshore bonds
maturing in 2023, including a USD300 million bond maturing in
April, a USD400 million bond maturing in August and the USD200
million maturing in November. CCRE had unrestricted cash of CNY3.6
billion (excluding restricted cash of CNY2.9 billion) at end-June
2022.

Weak Contracted Sales: CCRE's total contracted sales in 10M22
dropped 56% yoy to CNY20.7 billion. Total contracted sales in
October fell 56% yoy and 9% mom to CNY1.34 billion. Its contracted
sales drop year to date was broadly in line with that of most other
privately owned property developers.

DERIVATION SUMMARY

CCRE's ratings reflect its non-payment of the bond interest, which
is still within the 30-day grace period. This is similar to the
downgrade of Times China Holdings Limited to 'C' from 'CCC+' when
it missed the interest payment within the grace period in August
2022 before the ratings were withdrawn in November 2022.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer:

- Deteriorating contracted sales in line with negative market
sentiment;

- No land acquisitions.

Recovery Rating Assumptions: Liquidation Approach

- The liquidation estimate reflects Fitch's view of the value of
balance-sheet assets that can be realised in a sale or liquidation
process conducted during bankruptcy or insolvency proceedings and
distributed to creditors.

- Advance rate of 80% is applied to accounts receivable and
receivables from the government. This treatment is in line with its
recovery rating criteria.

- Advance rate of 65% is applied to the book value of self-owned
investment properties. The portfolio has an average rental yield of
4%, which is reasonable. The implied rental yield on the
liquidation value for the investment-property portfolio would
improve to 6%, which will be considered acceptable in a secondary
market transaction.

- Advance rate of 50% is applied to property, plant and equipment,
which mainly consist of buildings, the value of which is
insignificant.

- Advance rate of 63% is applied to net property inventory. The
inventory mainly consists of completed properties held for sales,
properties under development (PUD) and prepayments for land
acquisitions. Different advance rates were applied to these
inventory categories to derive the blended advance rate for net
inventory. The company was able to dispose of some assets
subsequently and repaid its USD500 million offshore bonds in August
2022. Therefore, a higher advance rate against the typical 50%
mentioned in the criteria for inventory was applied.

- Advance rate of 70% is applied to completed properties held for
sale. Completed commodity housing units are closer to readily
marketable inventory. The company has a gross margin for
development property of around 11%, which is in line with peers
focusing on low-tier cities.

- Advance rate of 55% is applied to PUD and prepayment for
development projects. Unlike completed projects, PUD are more
difficult to sell. These assets are also in various stages of
completion. The PUD balance - before applying the advance rate - is
net of margin-adjusted customer deposits.

- Advance rate of 90% is applied to deposits for land acquisitions.
In a similar way to completed commodity housing units, land held
for development is closer to readily marketable inventory. The
company is the leading developer in Henan province and has a good
relationship with the local government. Fitch believes the company
may be able to resell the land bank to the government if needed.
Therefore, Fitch considered a higher advance rate than the typical
50% mentioned in the criteria.

- Advance rate of 55%, applied to joint-venture (JV) net assets. JV
assets typically include a combination of completed units, PUD and
land bank. A 55% advance rate was applied in line with the baseline
advance rate for inventory. The allocation of value in the
liability waterfall results in a Recovery Rating corresponding to
'RR4' for the offshore senior notes.

RATING SENSITIVITIES

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

- Resolution of the missed interest payment within the grace
period

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

- Failure to pay interest within the grace period

LIQUIDITY AND DEBT STRUCTURE

Tight Liquidity: The company had unrestricted cash of CNY3.6
billion (excluding restricted cash of CNY2.9 billion) as of
end-June 2022, while it had short-term bank and other loans of
CNY5.7 billion. CCRE also has offshore bonds of USD900 million
maturing in 2023. The company repaid the USD500 million maturity
due on 8 August 2022.

ISSUER PROFILE

CCRE, established in 1992, is a leading property developer in Henan
province, focusing on developing residential properties, with about
7% market share in Henan for its heavy asset business.

ESG CONSIDERATIONS

CCRE has an ESG Relevance Score of '4' for Management Strategy due
to insufficient operational precaution for contingency with regards
to debt servicing, which has a negative impact on the credit
profile, and is relevant to the ratings in conjunction with other
factors.

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

   Entity/Debt              Rating         Recovery   Prior
   -----------              ------         --------   -----
Central China Real
Estate Limited        LT IDR C Downgrade                B

   senior unsecured   LT     C Downgrade     RR4        B


CHINA: Plans Property Rescue in Latest Surprise Policy Shift
------------------------------------------------------------
Bloomberg News reports that China issued sweeping directives to
rescue its property sector, adding to a major recalibration of its
pandemic response in the strongest signs yet that President Xi
Jinping is turning his attention toward shoring up the world's
second-largest economy.

Bloomberg relates that financial regulators issued on Nov. 11 a
16-point plan to boost the real estate market, with measures that
range from addressing developers' liquidity crisis to loosening
down-payment requirements for homebuyers, according to people
familiar with the matter. The move coincided with a publicly
announced 20-point playbook from the National Health Commission
aimed at reducing the economic and social impact of containing
Covid.

According to Bloomberg, the major policy shifts by Xi's government
will likely aid China's growth outlook and add fuel to a market
rally that started this month, though significant headwinds for the
economy and the property sector are likely to remain.

A Bloomberg Intelligence gauge of builders' shares surged as much
as 15%, taking this month's gain to 56%. Country Garden Holdings
Co. jumped a record 52%. High-yield dollar bonds rose at least 5
cents on the dollar, according to traders, led by developers
including Longfor Group Holdings Ltd.


CHINA: Proposes New Rules on Banking Sector Bankruptcy
------------------------------------------------------
Reuters reports that China's banking institutions could apply to a
court to be declared bankrupt under rule amendments proposed by
China's banking and insurance regulator on Nov. 11.

Reuters relates that the watchdog's various proposals seek to
reduce financial risk and support high-quality development of the
banking industry, the China Banking and Insurance Regulatory
Commission (CBIRC) said in a statement.

According to Reuters, the draft amendments also spell out how
regulators could conduct takeovers of troubled financial
institutions to facilitate measures such as capital injection and
equity restructuring.

Beijing has stepped up oversight of the sector in recent years
after several high-profile scandals among smaller lenders such as
Baoshang Bank, which was taken over by the government in 2019 and
later declared bankrupt, Reuters notes.

Reuters says the proposed rule changes would provide specific
guidance for how such actions should be conducted.

The draft rules also added that China's banking institutions should
not provide business-related documents, materials and data to
overseas parties as part of China's moves to tighten supervision on
data security.

Overseas banking regulatory agencies should not conduct
investigations domestically without authorisation, the draft rules
add, adds Reuters.


COUNTRY GARDEN: Fitch Affirms & Then Withdraws 'BB-' IDRs
---------------------------------------------------------
Fitch Ratings has affirmed China-based homebuilder Country Garden
Holdings Company Limited's Long-Term Foreign- and Local-Currency
Issuer Default Ratings (IDRs), senior unsecured rating and the
rating on the outstanding bonds at 'BB-'. The Outlook on the
Long-Term IDRs is Negative. Fitch has simultaneously withdrawn the
ratings.

The ratings reflect the Chinese property sector's continued poor
capital-market conditions, limiting Country Garden's access to
unsecured funding and affecting its financial flexibility. Country
Garden's contracted sales may have stabilised in recent months and
Fitch believes its available cash balance and internal cash
generation should be sufficient to cover its medium-term
capital-market debt maturities.

However, uncertainty remains over the sustainability of its sales,
as well as the availability of its cash on hand. Fitch believes
these risks are appropriately reflected at the current rating
level. On the other hand, the ratings are supported by the
company's strong market position, scale and diversification.

The Negative Outlook reflects Fitch's view that the sector's
challenging operating and funding environment may persist, further
dampening the company's financial flexibility.

The ratings have been withdrawn for commercial reasons.

KEY RATING DRIVERS

For details on the key rating drivers, see "Fitch Downgrades
Country Garden to 'BB-'; Outlook Negative; Off RWN", published on
31 October 2022.

RATING SENSITIVITIES

Rating sensitivities are not applicable, as the ratings have been
withdrawn.

ISSUER PROFILE

Country Garden is a leading homebuilder in China, with more than
3,200 projects across the country. It mainly focuses on third- and
fourth-tier cities, but has recently shifted its land acquisitions
towards higher-tier cities.

ESG CONSIDERATIONS

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

   Entity/Debt                 Rating            Prior
   -----------                 ------            -----
Country Garden
Holdings Company
Limited               LT IDR    BB- Affirmed       BB-
                      LT IDR    WD  Withdrawn      BB-
                      LC LT IDR BB- Affirmed       BB-
                      LC LT IDR WD  Withdrawn      BB-
   senior unsecured   LT        BB- Affirmed       BB-
   senior unsecured   LT        WD  Withdrawn      BB-


COUNTRY GARDEN: Moody's Cuts CFR & Senior Unsecured Notes to Ba3
----------------------------------------------------------------
Moody's Investors Service has downgraded Country Garden Holdings
Company Limited's corporate family rating and senior unsecured
rating to Ba3 from Ba2.

The rating outlook remains negative.

"The downgrade reflects Moody's expectation that Country Garden's
liquidity buffer will further reduce due to its still constrained
funding access and sizable refinancing needs over the next 12-18
months. Its financial metrics will also decline to levels not
supportive of its previous rating level over the next 1-2 years
because of declining sales and profitability," says Kaven Tsang, a
Moody's Senior Vice President.

"The negative outlook reflects Moody's view that the company's
financial and liquidity positions could further worsen over the
next 12-18 months due to challenging operating and funding
conditions," adds Tsang.

RATINGS RATIONALE

Moody's expects Country Garden's liquidity to remain adequate but
its liquidity buffer will reduce given it is likely to use its
internal resources to repay maturing debt over the next 12-18
months due to its weakened access to onshore and offshore capital
markets. Its access to offshore bank markets could also become more
uncertain, given banks' increased risk aversion amid a prolonged
market downturn.

Specifically, Country Garden will have around RMB43 billion of
onshore and offshore bonds and a material amount of offshore bank
loans due through March 2024.

While Country Garden's monthly contracted sales have stabilized at
around RMB30 billion over the past 2-3 months, the 37% year-on-year
decline for the first 10 months still indicate a weak contracted
sales performance.

Moody's expects that Country Garden's high exposure to low-tier
cities will continue to dampen its contracted sales and profit
margin over the next 12-18 months, given the weak economic
fundamentals and housing demand in low-tier cities.

Falling contracted sales and tight funding conditions could also
weigh on the company's future revenue recognition and financial
metrics.

Moody's projects the company's EBIT/interest coverage will decrease
to 2.5x-2.8x over the next 1-2 years from 3.7x during the 12 months
ended June 2022. Meanwhile, its debt/EBITDA will rise to 6.5x-7.0x
from 5.0x over the same period. Its projected financial profile is
more in line with the Ba3 rating when compared with its rated
Chinese property peers.

Country Garden's liquidity buffer continues to narrow as the
company repays maturing debt using internal resources. This trend
will lessen the company's ability to withstand the downcycle in
China's property sector if there are no signs of a recovery over
the next 6-12 months.

Country Garden's Ba3 CFR reflects the company's strong brand name,
sizable land bank and track record of developing mass-market
residential properties in China. On the other hand, the rating is
constrained by the company's large exposure to low-tier cities,
modest credit metrics and weakened access to funding.

Moody's notes that Country Garden recently issued RMB1.5 billion of
medium-term notes with support from the Chinese government.

While the completion of the issuance will provide the company with
additional liquidity, the issuance size is not material as compared
with the amount of its maturing debt over the next 12-18 months.

Country Garden's Ba3 senior unsecured bond rating is not affected
by the subordination to claims at the operating company level. This
is because despite its status as a holding company with most claims
at the operating subsidiaries, creditors of Country Garden benefit
from the group's diversified business profile, with cash flow
generation across a large number of operating subsidiaries with
high geographic diversification. Such diversification mitigates
structural subordination risk.

In terms of environmental, social and governance (ESG) factors,
Moody's has considered Country Garden's concentrated ownership by
its key shareholder, Yang Huiyan, who held a 61.23% stake in the
company as of the end of June 2022. The agency has also considered
the presence of five independent nonexecutive directors on the
company's 13-member board, and the presence of other internal
governance structures and standards as required by the Corporate
Governance Code for companies listed on the Hong Kong Stock
Exchange.

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

An upgrade of the ratings is unlikely in the near term, given the
negative outlook.

However, Moody's could revise Country Garden's rating outlook to
stable if the company strengthens its access to long-term funding,
increases sales, enhances its credit metrics and maintains good
liquidity through the downcycle.

Credit metrics supportive of its rating include EBIT/interest above
2.75x and debt/EBITDA below 6.5x, all on a sustained basis.

However, Moody's could downgrade the ratings if the company's
liquidity, funding access, contracted sales and financial metrics
weaken further over the next 6-12 months.

Credit metrics that could lead to a downgrade include EBIT/interest
falling below 2.25x or debt/EBITDA rising above 7.0x.

The principal methodology used in these ratings was Homebuilding
and Property Development published in October 2022.

Country Garden Holdings Company Limited, founded in 1992 and listed
on the Hong Kong Stock Exchange, is a leading Chinese integrated
property developer. As of the end of 2021, the company had an
attributable land bank with a gross floor area of 233.3 million
square meters spanning 1,425 cities in China.

ZIJIN MINING: Fitch Lowers LongTerm IDR to 'BB+', Outlook Stable
----------------------------------------------------------------
Fitch Ratings has downgraded China-based Zijin Mining Group Co.,
Ltd's Long-Term Issuer Default Rating (IDR) and senior unsecured
rating to 'BB+' from 'BBB-'. The Outlook is Stable.

The downgrade reflects Zijin's aggressive acquisition growth
appetite, which will result in volatility in its leverage profile
and is no longer commensurate with a 'BBB' category rating. Fitch
expects Zijin's leverage to be sustained above 2.2x between 2022
and 2024, the level above which we would consider negative rating
action.

Zijin's ratings continue to be supported by its well-diversified
portfolio of precious and base metals, an average cost position in
the second quartile of the global cost curve and high-yielding
assets with a long mine life. The Stable Outlook reflects Fitch's
expectation that Zijin will continue generating strong operational
cash flow from its existing operations, which will aid its ongoing
acquisitive appetite.

KEY RATING DRIVERS

Acquisition Strategy Credit Negative: Fitch regards Zijin's
aggressive acquisition strategy as credit negative as it increases
volatility in the leverage profile. Zijin announced three major
acquisitions in October 2022 after it completed the acquisition of
three lithium assets in 9M22. Zijin is also in the process of
acquiring a 20% stake in Hong Kong-listed Zhaojin Mining Industry
Company Limited (BB+/Stable). The announced acquisitions and
investment year to date would cost CNY33 billion, more than double
its earlier expectation. The visibility of future acquisitions also
remains low.

Fitch expects limited near-term economic benefits from its recent
acquisitions and equity investments, even though they will result
in a higher reserve base and better diversification, as most of the
projects acquired this year are not expected to start operations
until 2024 or later, according to management. Its equity
investments are also not likely to yield material cash dividend
inflows for the time being.

Debt-Funded Acquisitions Increase Leverage: Fitch forecasts Zijin's
larger-than-expected acquisitions, equity investments and
associated capex will raise its net leverage, measured by net debt
to EBITDA, to above 2.2x between 2022 and 2024 based on its
commodity price assumptions. Fitch expects Zijin to fund part of
its CNY33 billion announced acquisitions in 2022 with debt,
including the issuance of optional convertible bonds of CNY10
billion, which Fitch will consider as debt given the uncertainty of
the timing or amount to be converted into equity.

Strong Operational Cash Flow: Fitch estimates Zijin's funds from
operation will remain strong at CNY29 billion-31 billion during
2022-2024 (2021: CNY24 billion, 9M22: CNY21 billion) on higher gold
and copper production, despite its downward mid-cycle commodity
price assumptions. However, Fitch does not expect this to be
sufficient to fully fund its elevated capex and potential
acquisitions. Fitch expects Zijin's capex to stay high at CNY18
billion-21 billion during 2023-2024 (2021: CNY20 billion) to bring
newly acquired projects into production stage.

Higher Production on Project Execution: Management expects the
successful execution of the company's newly added projects to add
significant output from 2024-2025. Planned annual output of gold
will increase by 14 tonnes by 2025, with an addition of
50,000-70,000 tonnes of lithium carbonate.

Zijin has a record of strong execution of previously acquired
projects, with its copper production more than doubling in
2017-2021 after production from acquired copper mines was ramped up
rapidly. Its mined copper production further rose by 55% yoy in
9M22, driven by production in three mines acquired in Tibet, China,
the Democratic Republic of Congo and Serbia during 2015-2020.

DERIVATION SUMMARY

Zijin is rated one notch lower than Canada-based Teck Resources
Ltd. (BBB-/Stable). Both have similar business profiles in terms of
commodity diversification and a solid cost position. However, Zijin
has a weaker capital structure amid its expansion than Teck, which
will have a net debt/EBITDA ratio of 1x-2x during 2022-2024.

Zijin has a smaller scale, lower margins and higher leverage than
major copper miner Freeport-McMoRan Inc. (BBB-/Stable), although it
has better asset diversification than Freeport.

KEY ASSUMPTIONS

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

- Mined copper mid-cycle average selling price of CNY50,000,
CNY46,000 and CNY43,000 per tonne in 2022, 2023 and 2024,
respectively (2021: CNY54,000 per tonne); mined gold mid-cycle
average selling price of CNY350, CNY311 and CNY272 per gram in
2022, 2023 and 2024, respectively (2021: CNY350 per gram)

- Mined copper sales volume of 773,000, 934,000 and 997,000 tonnes
in 2022, 2023 and 2024, respectively (2021: 530,000 tonnes); mined
gold sales volume of 58, 73 and 78 tonnes in 2022, 2023 and 2024,
respectively (2021: 46 tonnes)

- Capex of CNY19 billion, CNY21 billion and CNY18 billion in 2022,
2023 and 2024, respectively

- Annual investment outflow of CNY26 billion in 2022, CNY12 billion
in 2023 and CNY5 billion in 2024

- Dividend payout ratio of 34% per year in 2022-2024

RATING SENSITIVITIES

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

- Transition away from the highly acquisitive growth strategy

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

- Net debt/EBITDA sustained above 3.0x

- Significant increase in exposure to markets with high
geopolitical and operating environment risks

LIQUIDITY AND DEBT STRUCTURE

Adequate Liquidity: Zijin had CNY20 billion in unrestricted cash at
end-September 2022, against CNY28.6 billion in short-term debt. It
has a multitude of onshore and offshore funding sources, as well as
ample liquidity from major banks with CNY127 billion in unused bank
credit facilities as of end-September 2022. It is an active onshore
bond issuer. Zijin had a low average borrowing cost of 3.1%-3.2% in
2020-2021.

ISSUER PROFILE

Zijin was one of the world's 10 largest copper producers, a top-15
gold miner and a top-five zinc producer in 2021 by output. Overseas
mines contributed 53% of its copper, 60% of gold and 45% of zinc
and lead production in 2021.

ESG CONSIDERATIONS

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

   Entity/Debt               Rating           Prior
   -----------               ------           -----
Zijin Mining Group
Co., Ltd              LT IDR BB+  Downgrade    BBB-

   senior unsecured   LT     BB+  Downgrade    BBB-




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

A V OVERSEAS: CARE Lowers Rating on INR7.50cr LT Loan to B
----------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of A V
Overseas (AVO), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.50       CARE B; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   To remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B+; Stable

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 21,
2021, placed the rating(s) of AVO under the 'issuer
non-cooperating' category as AVO had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. AVO
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 6, 2022, September 16, 2022, September
26, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

The Ratings have been revised on account of non-availability of
requisite information.

A V Overseas (AVO) was established as a partnership firm in
December 2017 and the firm is currently being managed by Mr.
Avinash Kumar Gupta and Mr. Vikas Gupta as its partners. AVO is
established with an aim to set up a manufacturing facility at Moga,
Punjab for processing of paddy. The commercial operations of the
firm are expected to commence in October 2018. CARE does not have
updates in this regard.


ADINO TELECOM: ICRA Keeps B+ Debt Rating in Not Cooperating
-----------------------------------------------------------
ICRA has retained the Long-term and Short-term ratings of Adino
Telecom Limited in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]B+(Stable)/[ICRA]A4; ISSUER NOT
COOPERATING".

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-          4.00        [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Rating continues
   Cash Credit                     to remain under 'Issuer Not
                                   Cooperating' category

   Long Term/          4.00        [ICRA]B+ (Stable)/[ICRA]A4;
   Short Term-                     ISSUER NOT COOPERATING;
   Non Fund                        Rating Continues to remain
   Based Others                    under issuer not cooperating
                                   category

   Long Term/          3.00        [ICRA]B+ (Stable)/[ICRA]A4;
   Short Term-                     ISSUER NOT COOPERATING;
   Unallocated                     Rating Continues to remain
                                   under issuer not cooperating
                                   category

   Short Term-         1.00        [ICRA]A4 ISSUER NOT
   Non Fund Based                  COOPERATING; Rating continues
                                   to remain under 'Issuer Not
                                   Cooperating' category

ICRA has been trying to seek information from the entity so as to
monitor its performance. Further, ICRA has been sending repeated
reminders to the entity for payment of surveillance fee that became
due. Despite repeated requests by ICRA, the entity's management has
remained non-cooperative. The current rating action has been taken
by ICRA basis best available/dated/limited information on the
issuers' performance. Accordingly, the lenders, investors and other
market participants are advised to exercise appropriate caution
while using this rating as the rating may not adequately reflect
the credit risk profile of the entity. The rating action has been
taken in accordance with ICRA's policy in respect of
non-cooperation by a rated entity available at www.icra.in.

Incorporated in the year 1992, Adino Telecom Ltd (ATL) is engaged
in various business verticals such as wireless integration business
for 'last mile' connectivity, sale & installation of Closed Circuit
Television (CCTV) systems,execution of DIAL 100 projects for police
force and networking solutions for various clients. The company is
mainly promoted by Mr. Vijay Mansukhani and other family members,
who have a long track record in wireless integrations service &
networking solutions business.


AGROW FOODS: CARE Keeps D Debt Rating in Not Cooperating Category
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Agrow Foods
(AF) continues to remain in the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       10.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 25,
2021, placed the rating(s) of AF under the 'issuer non-cooperating'
category as AF had failed to provide information for monitoring of
the rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. AF continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 10, 2022, September 20, 2022, September 30, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Agrow Foods (AF) was established in the year 2015 by Mr. Swapnil
Munde and is engaged in the trading and processing of food grains
(pulses) at Nagpur, Maharashtra. The commercial operations of the
entity started in the month of September, 2015.


ASACO PRIVATE: CARE Lowers Rating on INR5.56cr LT Loan to B+
------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Asaco Private Limited (APL), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       5.56       CARE B+; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE BB-; Stable

   Short Term Bank     20.00       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category
  
Detailed rationale and key rating drivers

CARE Ratings Ltd. has been seeking information from APL to monitor
the rating(s) vide e-mail communications/letters dated June 22,
2022, July 27, 2022, October 10, 2022 and October 19, 2022 among
others and numerous phone calls. However, despite our repeated
requests, the company has not provided the requisite information
for monitoring the ratings. In line with the extant SEBI
guidelines, CARE Ratings Ltd. has reviewed the rating on the basis
of the best available information which however, in CARE Ratings
Ltd.'s opinion is not sufficient to arrive at a fair rating. The
rating on Asaco Private Limited bank facilities will now be denoted
as CARE B+; Stable and CARE A4 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).

The ratings have been migrated to INC category due to
non-availability of requisite information due to non-cooperation
by
Asaco Private Limited with CARE'S efforts to undertake a review of
the rating outstanding. CARE Ratings views information availability
risk as a key factor in its assessment of credit risk

Detailed description of the key rating drivers

At the time of last rating on December 21, 2021, the following were
the rating strengths and weaknesses

Key rating weaknesses

* Subdued financial performance during H1FY22: The company has
shifted the factory premises from Kandi, Telangana to Samuha
Aerospace Park, Ibrahimpatnam, Telangana to attract good business
opportunities. Due to the above-mentioned reason, the financial
performance of the company remained subdued and the company has
achieved total operating income of INR3.49 crore during H1FY22.

* Decline in the orderbook level: The active order book of the
company declined to INR27.68 crore as on December 8, 2021 (INR62.58
crore as on July 31, 2020). The company receives order from ISRO
centres such as Liquid Propulsion Systems Centre (LPSC) and Vikram
Sarabhai Space Centre (VSSC). Due to privatization of ISRO centres
and Covid19 pandemic, the company was not able to grab new orders.

* Working capital intensive nature of operations: The company
operates in working capital intensive business with operating cycle
days at 291 days during FY21 (277 days during FY20). With better
realization of payments from clients, the average collection period
of the company improved to 137 days during FY21 (220 days during
FY20). The average working capital utilization of the company
remain high at 94.05% for the 12 months ending October 31, 2021.

Key Rating Strengths

* Small scale of operations with improvement in the profitability
margins during FY21: The scale of operations of the company remains
small with total operating income at INR21.39 crore during FY21
(Rs.19.02 crore during FY20). The company achieved PBILDT level of
INR5.67 crore during FY21 against PBILDT losses of INR3.45 crore
during FY20 at the back of inclusion of price escalation clause in
the contracts and decrease in the employee cost. The company
achieved PAT of INR3.16 crore against net loss of INR6.78 crore.
With improvement in the profitability level, the PBILDT margin and
PAT margin of the company stood at 26.53% and 14.80% respectively.

* Moderate capital structure and debt coverage indicators: The
capital structure marked by overall gearing of the company improved
from 2.40x as on March 31, 2020 to 1.39x as on March 31, 2021 at
the back of accretion of the profits to the networth. The networth
of the company improved from 5.48x as on March 31, 2020 to INR8.74
as on March 31, 2021. The PBILDT interest coverage ratio of the
company remain moderate and stood at 2.53x during FY21. The debt
coverage indicators such as total debt/GCA and total debt/PBILDT
stood at 2.55x and 2.14x during FY21.

* Experienced and resourceful management team: APL which was
earlier promoted by Mr. K Mohandas has resigned from the board
w.e.f September 25, 2019. Currently, the Company is managed by his
son, Mr. Ajit Mohandas (Managing Director), a B.Tech graduate from
Indian Institute of Technology. During FY19, Mr Rajesh Kumar
Kothapalli and his family acquired 75% of the stake in the Company
through secondary sale. Mr. Rajesh Kumar Kothapalli, is post
graduate in Finance, and has considerable experience in banking
software technology. The promotes are also infusing funds in the
form of unsecured loans and equity to support the operations.

* Long track record of Operations: APL has commenced its operations
in 1969 as a manufacturer of wire production lines, upstream and
downstream equipment for different types of wire/cable extrusions
lines. Later in 1980, APL has entered into Aerospace and Defence
applications. Over the years company has established its
relationship with key clients such as Indian Space Research
Organisation (ISRO)-Liquid Propulsion Systems Centre (LPSC),
Thiruvananthapuram; ISRO-Vikram Sarabhai Space Centre, Hindustan
Aeronautics Limited, etc.

* Prime manufacturer of certain high-quality equipment used in
defence and aerospace: APL is a prime manufacturer of Hot
Isostastic Presses (HIP) which is used by organization such as
Indian Space Research Organization (ISRO), Advanced Systems
Laboratory for Agni missile projects, Defence Metallurgical
Research Laboratory, Hindustan Aeronautics limited for Sukhoi SU 30
fighter Aircraft project and VSSC - ISRO for Geosynchronous
Satellite Launch Vehicle GSLV project. Apart from above APL has
supplied the PS-4 engine for the satellite used for Chandrayaan and
Magalyaan Mission.

Liquidity: Stretched

The liquidity profile of the company remain stretched considering
subdued financial performance of the company during H1FY22 with
total operating income of INR3.49 along with lower order book in
hand indicating uncertainty about the revenue visibility.
Additionally, the average working capital utilization of the
company remains high at 94.05% for the past 12 months ending
October 31, 2021. The debt obligation for the company during FY22
is INR 0.24 crore, which are expected to be met by internal
accruals or infusion of unsecured loans from the promoters.

Asaco Private Limited (APL) was promoted by Mr. K Mohandas in 1969.
APL is engaged in manufacturing of equipment for Aerospace and
defence applications and is one of the leading suppliers of
critical aerospace components in the country. APL has its
manufacturing facilities located in Samuha Aerospace Park,
Ibrahimpatnam, Telangana. APL has a marquee clientele comprising of
names such as Liquid Propulsion Systems Centre (LPSC), Vikram
Sarabhai Space Centre (VSSC) and Hindustan Aeronautics Limited
(HAL) etc.


BARAKA OVERSEAS: ICRA Keeps B+ Debt Rating in Not Cooperating
-------------------------------------------------------------
ICRA has retained the rating for the bank facilities of Baraka
Overseas Traders in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]B+(Stable); ISSUER NOT COOPERATING".

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-         18.00        [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Rating continues
   Cash Credit                     to remain under 'Issuer Not
                                   Cooperating' category

ICRA has been trying to seek information from the entity so as to
monitor its performance. Further, ICRA has been sending repeated
reminders to the entity for payment of surveillance fee that became
due but despite repeated requests by ICRA, the entity's management
has remained non-cooperative. The current rating action has been
taken by ICRA basis best available/dated/limited information on the
issuers' performance. Accordingly, the lenders, investors and other
market participants are advised to exercise appropriate caution
while using this rating as the rating may not adequately reflect
the credit risk profile of the entity. The rating action has been
taken in accordance with ICRA's policy in respect of
non-cooperation by a rated entity available at www.icra.in.

Baraka Overseas Traders was established as a partnership firm in
1979. The firm is involved in exports of frozen seafood with the
United States, Mauritius, France and the UK as key export
destinations. Major varieties of seafood exported by the firm
include Cuttle Fish, Ribbon Fish, Mackerel, Sardine and Squid,
among others. The firm's processing facility is in Ullal,
Mangaloredistrict of Karnataka. The firm reported an operating
income of INR62.25 crore and a net profit of INR0.76 crore in
FY2018 as against an operating income of INR50.98 crore and a net
profit of INR0.94 crore in FY2017.


BARD ROY: Insolvency Resolution Process Case Summary
----------------------------------------------------
Debtor: Bard Roy Infotech Pvt Ltd
        10/4B, Lala Lajpat Rai Sarani
        PS Bhawani Pore (Elgin Rd.)
        Kolkata WB 700020

Insolvency Commencement Date: November 2, 2022

Court: National Company Law Tribunal, Kolkata Bench

Estimated date of closure of
insolvency resolution process: April 30, 2023

Insolvency professional: Kamal Nayan Jain

Interim Resolution
Professional:            Kamal Nayan Jain
                         Klass Insolvency Resolution
                         Professionals Pvt. Ltd.
                         2/7 Sarat Bose Road
                         Vasundhara Building
                         2nd Floor
                         Kolkata 700020
                         E-mail: knjain@knjainco.com
                                 cirp.bardroy@gmail.com

Last date for
submission of claims:    November 16, 2022


BHADRESHWAR VIDYUT: Insolvency Resolution Process Case Summary
--------------------------------------------------------------
Debtor: Bhadreshwar Vidyut Private Limited

        Registered office:
        New No. 16, Old No. 41
        Ground Floor Thomas Nagar
        Little Mount, Saidapet
        Chennai TN 600015

        Principal office:
        Survey No. 571, Bhadreshwar Vidyut Private Limited
        Village-Bhadreshwar, Mundra
        Kachchh, Gujarat 370405

Insolvency Commencement Date: October 18, 2022

Court: National Company Law Tribunal, New Delhi Bench

Estimated date of closure of
insolvency resolution process: April 16, 2023

Insolvency professional: Mr. Hitesh Goel

Interim Resolution
Professional:            Mr. Hitesh Goel
                         C4/1002 The Legend Apartments
                         Sector 57, Gurgaon
                         Haryana 122011
                         E-mail: iphiteshgoel@gmail.com

                            - and -

                         Alvarez & Marsal India Professionals
                         Services LLP
                         1st Floor B Wing Prius Platinum Tower
                         Saket, New Delhi
                         Delhi 110017
                         E-mail: cirp.bvpl@gmail.com

Last date for
submission of claims:    November 1, 2022


BHAGWATI WOVEN: ICRA Keeps B Debt Ratings in Not Cooperating
------------------------------------------------------------
ICRA has retained the Long-term and Short-term ratings of Bhagwati
Woven Pvt. Ltd. in the 'Issuer Not Cooperating' category. The
ratings are denoted as "[ICRA]B(Stable)/[ICRA]A4; ISSUER NOT
COOPERATING".

                      Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-          5.00        [ICRA]B (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Rating continues
   Cash Credit                     to remain under 'Issuer Not
                                   Cooperating' category

   Long Term-          5.08        [ICRA]B (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Rating continues
   Term Loan                       to remain under 'Issuer Not
                                   Cooperating' category

   Short Term-        (5.00)       [ICRA]A4 ISSUER NOT
   Interchangeable                 COOPERATING; Rating continues
   Others                          to remain under 'Issuer Not
                                   Cooperating' category

ICRA has been trying to seek information from the entity so as to
monitor its performance. Further, ICRA has been sending repeated
reminders to the entity for payment of surveillance fee that became
due. Despite repeated requests by ICRA, the entity's management has
remained non-cooperative. The current rating action has been taken
by ICRA basis best available/dated/limited information on the
issuers' performance. Accordingly, the lenders, investors and other
market participants are advised to exercise appropriate caution
while using this rating as the rating may not adequately reflect
the credit risk profile of the entity. The rating action has been
taken in accordance with ICRA's policy in respect of
non-cooperation by a rated entity available at www.icra.in.

Incorporated in 2010, Bhagwati Woven Pvt. Ltd. (BWPL) manufactures
HDPE & PP1 woven fabrics (laminated and nonlaminated) and tarpaulin
in the range of 68 Gram per Square Meter (GSM) to 700 GSM. The
company started its commercial operations in July 2011 from its
manufacturing facility at Bareja, Ahmedabad, which has an installed
capacity to manufacture 1,800 Metric Tonnes (MT) fabric per annum.
The promoters of the company have reasonable experience in HDPE/ PP
woven fabric industry and are also associated with Omtex Pvt. Ltd.,
who trade in the suitings and shirtings business.


BRAHMAPUTRA TUBULARS: Insolvency Resolution Process Case Summary
----------------------------------------------------------------
Debtor: Brahmaputra Tubulars Private Limited
        Room No. 19, 2nd floor
        Vrindavan Market
        S J Road, Athgaon
        Guwahati 781001
        Assam

Insolvency Commencement Date: October 28, 2022

Court: National Company Law Tribunal, Guwahati Bench

Estimated date of closure of
insolvency resolution process: April 26, 2023
                               (180 days from commencement)

Insolvency professional: CA Purshotam Gaggar

Interim Resolution
Professional:            CA Purshotam Gaggar
                         P Gaggar & Associates
                         Chartered Accountants
                         3rd Floor, Advika
                         Opp. Sukreswar Ghat Garden
                         M G Road, Panbazar
                         Guwahati, Assam 781001
                         E-mail: purshotamgaggar@hotmail.com
                                 cirp.btpl2022@gmail.com

Last date for
submission of claims:    November 18, 2022


DAKSHINESWAR RICE: CARE Keeps B- Debt Rating in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of
Dakshineswar Rice Mill (DRM) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       4.98       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category  

   Short Term Bank      0.25       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated September 23,
2021, placed the rating(s) of DRM under the 'issuer
non-cooperating' category as DRM had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. DRM
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 10, 2022, August 19, 2022, August 29,
2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

DRM was constituted as a partnership firm in 2008 for setting up a
rice milling unit and currently the firm is managed by six
partners, namely Mr. Banamali Sengupta, Mr. Tapan Kumar Chatterjee,
Mr. Bishnu Kumar Ghosh, Mr. Sushil Kumar Ghosh, Mr. Suresnath
Mondal and Mr. Suprovat Pal. The firm has been engaged in rice
milling and processing business and commenced operations in 2012 at
its plant. The plant of the firm is located in Burdwan, West
Bengal.


DHANRAJ COTTON: CARE Lowers Rating on INR12.00cr LT Loan to B
-------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Dhanraj Cotton Industries (DCI), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      12.00       CARE B; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B+; Stable

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 28,
2021, placed the rating(s) of DCI under the 'issuer
non-cooperating' category as DCI had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. DCI
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 13, 2022, September 23, 2022, October
3, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

The ratings have been revised on account of non-availability of
requisite information.

Dhanraj Cotton Industries (DCI) is a Hinganghat based, partnership
firm, established by Mr. Dilip Rathi and Sudha Rathi in 2012. The
entity is engaged in the business of cotton ginning and pressing.
The entity is also into trading of cotton bales and cotton.


ES GREEN POWER: Voluntary Liquidation Process Case Summary
----------------------------------------------------------
Debtor: ES Green Power Private Limited
        No. 55, Solar Tower
        6th Main, 11th Cross
        Lakshmaiah Block
        Ganganagar Bengaluru
        Bangalore KA 560024

Liquidation Commencement Date: November 3, 2022

Court: National Company Law Tribunal, Bangalore Bench

Insolvency professional: Mr. Chandra Sekhar Kandukoori

Interim Resolution
Professional:            Mr. Chandra Sekhar Kandukoori
                         #41/A2, 3rd Cross, Navy Layout
                         Chikkabanavara-Post
                         Bangalore 560090
                         India
                         Mobile: +918079677873
                         E-mail: chandra@kcsassociates.co.in

Last date for
submission of claims:    December 2, 2022


GANESH EDUCATION: CARE Keeps D Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Shree
Ganesh Education and Welfare Society (SGEWS) continues to remain in
the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.00       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated September 15,
2021, placed the rating(s) of SGEWS under the 'issuer
non-cooperating' category as SGEWS had failed to provide
information for monitoring of the rating and had not paid the
surveillance fees for the rating exercise as agreed to in its
Rating Agreement. SGEWS continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated August 1, 2022, August 11,
2022, August 21, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Shree Ganesh Education and Welfare Society (SGWES) is an
educational society and was formed in April 8, 2011 under
Societies Registration Act, 1860 with an objective to provide
educational services by establishing and operating various
educational institutions. The society operate colleges and school
under the name of "Dev Rishi" in a single geography offering varied
courses located in Saharanpur.

GAYATRI BIO-ORGANICS: CARE Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Gayatri
Bio-organics Ltd (GBL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       16.66      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank      10.00      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed rationale and key rating drivers

CARE had, vide its press release dated August 26, 2021, placed the
ratings of GBL under the 'issuer non-cooperating' category as GBL
had failed to provide information for monitoring of the rating as
agreed to in its Rating Agreement. GBL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a email dated August
14, 2022, August 19, 2022 and October 3, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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 ratings.

Detailed description of the key rating drivers

Further, at the time of last rating on August 25, 2021, the
following were the rating strengths and weaknesses:

(Updated information taken from Bombay Stock Exchange (BSE) as the
company is listed).

Key rating weaknesses

* Delays with respect to debt servicing on account of stretched
liquidity position: The Company was facing stretched liquidity
position which had led to delays in debt servicing at the back of
losses resulting in erosion of Net worth.

Gayatri Bio-organics Ltd (GBL) was originally incorporated as
Starchkem Industries Ltd in December 1991 by Mr. T. Sandeep Kumar
Reddy (Present Chairman). GBL is a part of Hyderabad based Gayatri
Group, which is in the business of civil constructions, sugar and
hospitality. GBL was engaged in the business of manufacturing of
Maize, Starch, sorbitol (Sugar Alcohol), Liquid Glucose and other
allied products. During FY2019, GBL transferred its assets to
Bluecraft Agro Private Ltd under Business Transfer Agreement by way
of slump sale.


GORAYA STRAW: CARE Keeps D Debt Ratings in Not Cooperating
----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Goraya
Straw Board Mills Private Limited (GSBMPL) continues to remain in
the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       11.89      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank       0.10      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated September 13,
2021, placed the rating(s) of GSBMPL under the 'issuer
non-cooperating' category as GSBMPL had failed to provide
information for monitoring of the rating and had not paid the
surveillance fees for the rating exercise as agreed to in its
Rating Agreement. GSBMPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated July 30, 2022, August 09,
2022, August 19, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Goraya Straw Board Mills Pvt. Ltd. (GSBM) was originally formed on
December 23, 1976 as a partnership concern, Goraya Straw Card Board
Mills, by the Goraya family. Later on, it was reconstituted as a
private limited company in August 17, 1990. The company is engaged
in manufacturing of paper boards which finds its application in the
packaging industry.


GVK INDUSTRIES: CARE Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of GVK
Industries Limited (GIL) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      520.07      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank      19.60      CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed rationale and key rating drivers

CARE had, vide its press release dated September 13, 2022 placed
the ratings of GIL under the 'issuer non-cooperating' category as
GIL had failed to provide information for monitoring of the rating
as agreed to in its Rating Agreement. GGPL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a email dated August
14, 2022, August 19, 2022 and October 3, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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 ratings.

Detailed description of the key rating drivers

At the time of last rating on September 7, 2021 the following were
the rating strengths and weaknesses (updated for the information
available from Registrar of Companies):

Detailed description of the key rating drivers

Key rating weaknesses

* Stretched liquidity position with delay in debt servicing: The
liquidity position of the company continues to remain stretched
with delays in debt servicing since the company is reporting
continues net losses and cash losses.

Key Rating Strength

* Experience of group in power sector: GGPL is a part of the
Hyderabad-based GVK group, which is one of the first Independent
Power Plant developers in the country. The GVK group through GVK
Power & Infrastructure Limited and its subsidiaries has substantial
ownership interest in power generating assets and is also engaged
in the building and developing of road projects, providing
infrastructure facilities, exploration of oil & natural gas,
operations, maintenance and development (OMD) of airport projects
and exploration of coal mines. The group has 15 assets in its
portfolio, out of which, seven assets are in power, four in
highways, two are in mining and two in airports.

GVK Industries Limited (GIL) is a wholly-owned subsidiary of GVK
Energy Limited (GEL) incorporated in June, 1992. Further, GEL is
also the subsidiary of GVK Power & Infrastructure Limited, the
flagship company of the GVK group. GIL is engaged in generation of
electricity at its mixed fuel combined cycle power plants situated
in Jegurupadu in Andhra Pradesh (AP). Total installed capacity of
the company is 437 MW, which was set up in two stages of 217 MW
(Phase I) and 220 MW (Phase II).


HARIKISHAN TEJMAL: CARE Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Harikishan
Tejmal & Company (HTC) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term/          22.00       CARE D/CARE D; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 14,
2021, placed the rating(s) of HTC under the 'issuer
non-cooperating' category as HTC had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. HTC
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 30, 2022, September 9, 2022, September
19, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Bundi (Rajasthan) based Harikishan Tejmal & Company (HKTC) was
formed as a partnership concern by its key promoter Mr. Tejmal
Nyati along with his family members in 2006. Subsequently, there
was change in the partnership deep and HKTC started to be owned and
managed by Mr. Rajesh Kumar Nyati along with his wife Mrs. Prerna
Nyati in profit & loss sharing ratio of 66:33 respectively.


HARO GOURI: CARE Lowers Rating on INR8.48cr LT Loan to B
--------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of Haro
Gouri Agro Products (HGAP), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       8.48       CARE B; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B+; Stable

   Short Term Bank      1.50       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 25,
2021, placed the rating(s) of HGAP under the 'issuer
non-cooperating' category as HGAP had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. HGAP
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 10, 2022, September 20, 2022,
September 30, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

The ratings assigned to the bank facilities of HGAP have been
revised on account of non-availability of requisite information.

West Bengal based Haro Gouri Agro Products (HGAP) was established
in January 2016 as a partnership firm. Initially the firm started
trading of agro commodities along with setting of a rice milling
unit at Bankura, West Bengal. The rice mill has started its
operation from December 2016 with an installed capacity of 43,200
metric tons per annum (MTPA). The firm procures paddy from local
market and sells its finished goods of different varieties under
its brand name of 'Balak Bhog' and 'Maharaj Bhog'.


IKO HOSPITALITY: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: IKO Hospitality Private Limited
        H-901, Pilot Court, Essel Towel
        MG Road, Gurgaon 122001
        Haryana

Insolvency Commencement Date: July 29, 2022

Court: National Company Law Tribunal

Estimated date of closure of
insolvency resolution process: January 25, 2023
                               (180 days from commencement)

Insolvency professional: Tarsem Chand Garg

Interim Resolution
Professional:            Tarsem Chand Garg
                         Tarsem Chand Garg and Company
                         SCO 56-57, Second Floor
                         Swastik Vihar, MIDC
                         Sector-5, Panchkula 134114
                         Haryana
                         E-mail: gargtarsem@gmail.com
                                 ip.iko2022@gmail.com
                         Mobile: +919501038694

Last date for
submission of claims:    August 12, 2022


JAHNVIS MULTI: CARE Keeps B- Debt Rating in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Jahnvis
Multi Foundation (JMF) continues to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      10.00       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category  

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 13,
2021, placed the rating(s) of JMF under the 'issuer
non-cooperating' category as JMF had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. JMF
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 29, 2022, September 8, 2022, September
18, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which, however, in CARE Ratings Ltd.'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(s).

Established in the year 2002, Jahnvis Multi Foundation (JMF) is an
educational trust registered under Bombay Public Trust Act 1950 for
operating educational institutions. The trust is also having
registration for Foreign Contribution Regulation Act (FCRA) and is
ISO 9001: 2008 certified institute. JMF operates schools and
colleges in Dombivali (Thane) and Dawasa (Nagpur) which are
recognized by State Board of Maharashtra, Mumbai University and
Central Board of Secondary Education.


KAY VEE: CARE Keeps B- Debt Rating in Not Cooperating Category
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Kay Vee
Gems (KVG) continues to remain in the 'Issuer Not Cooperating'
category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       9.50       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category  

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 13,
2021, placed the rating(s) of KVG under the 'issuer
non-cooperating' category as KVG had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. KVG
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 29, 2022, September 8, 2022,
September 18, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Established in 2002, Kay Vee Gems (KVG) is engaged in processing of
cut and rough diamonds up to a size of 2 carats. The processing
unit is located at Surat (Gujarat).


KILBURN OFFICE: Insolvency Resolution Process Case Summary
----------------------------------------------------------
Debtor: Kilburn Office Automation Limited
        Vasundhara Building, 2nd Floor
        Space No. 5 and 6
        2/7 Sarat Bose Road
        Kolkata, WB 700017
        IN

Insolvency Commencement Date: November 2, 2022

Court: National Company Law Tribunal, Kolkata Bench

Estimated date of closure of
insolvency resolution process: April 30, 2023

Insolvency professional: Kamal Nayan Jain

Interim Resolution
Professional:            Kamal Nayan Jain
                         Klass Insolvency Resolution
                         Professionals Pvt. Ltd.
                         2/7 Sarat Bose Road
                         Vasundhara Building
                         2nd Floor
                         Kolkata 700020
                         E-mail: knjain@knjainco.com
                                 cirp.kilburn@gmail.com

Last date for
submission of claims:    November 16, 2022


KLING ENTERPRISES: Insolvency Resolution Process Case Summary
-------------------------------------------------------------
Debtor: Kling Enterprises India Limited
        Door No. 6-3-787, Flat No. 1003
        Royal Pavilion Apartments
        Block-A, Ameerpet
        Hyderabad 500016
        Telangana

Insolvency Commencement Date: November 4, 2022

Court: National Company Law Tribunal, Hyderabad Bench

Estimated date of closure of
insolvency resolution process: May 3, 2023

Insolvency professional: Bathina Venka Reddy

Interim Resolution
Professional:            Bathina Venka Reddy
                         Sri Venkateswara Nilayam
                         Plot No. 10, 2nd Floor
                         Krishnapuram, Road No. 10
                         Banjara Hills, Hyderabad 500034
                         Telangana
                         E-mail: bvrcs123@gmail.com
                                 cirp.kling@gmail.com

Last date for
submission of claims:    November 18, 2022


KRISHNA EXPORT: CARE Lowers Rating on INR8.50cr LT Loan to B-
-------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of
Krishna Export (KE), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       8.50       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B; Stable

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 13,
2021, placed the rating(s) of KE under the 'issuer non-cooperating'
category as KE had failed to provide information for monitoring of
the rating and had not paid the surveillance fees for the rating
exercise as agreed to in its Rating Agreement. KE continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
August 29, 2022, September 8, 2022, September 18, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

The ratings assigned to the bank facilities of KE have been revised
on account of non-availability of requisite information.

Established in 1985, Krishna Export (KE) is a partnership firm
engaged in processing and trading of cut and polished diamonds in
the range of 1 to 6 carats. KE's diamond processing (cutting and
polishing) facility is located in Surat, Gujarat.


MADURAI TUTICORIN: ICRA Reaffirms D Rating on INR463.01cr Loan
--------------------------------------------------------------
ICRA has reaffirmed ratings on certain bank facilities of Madurai
Tuticorin Expressways Limited (MTEL), as:

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-        463.91        [ICRA]D; Reaffirmed
   Fund Based-                     
   Term Loan                       

Rationale

The rating reaffirmation considers the continued delays in debt
repayment by MTEL and its consequent classification as a
non-performing asset by the lenders. MTEL's liquidity position is
poor due to lower-thanenvisaged traffic. The toll collections
continue to remain significantly below expectations against the
initial projected levels. As per the concession agreement, the
first major maintenance (MM) was due in July 2016. However, it was
delayed by 22 months and finally commenced in May 2018 due to the
funding constraints. As on August 31, 2022, 100% of the first MM
work has been completed and the second MM work is expected to
commence once the approval from the authority is received.

Key rating drivers and their description

Credit challenges

* Delays in debt servicing: With toll collections significantly
below expectations compared to the initial estimates, the company
is delaying in repaying its debt obligations and had been
classified as a non-performing asset by the lenders. The toll
collections are expected to be inadequate for debt servicing and
the delays are likely to continue in the near term.

* Delay in MM completion: As per the concession agreement, the
first MM was due in July 2016. However, it was delayed by 22 months
and finally commenced in May 2018 with an estimated cost of
INR115.67 crore due to funding constraints. The same is funded by
the project's cash flows. As on August 31, 2022, 100% of the first
MM work is completed and the second
MM work is expected to commence once the approval from the
authority is received.

* Inherent risk in BOT (Toll) road projects: The project remains
exposed to risks inherent in build-operate-transfer (BOT - Toll)
road projects, including risks arising from political acceptability
of toll rate hikes over the concession period and
development/improvement of alternate routes and likelihood of toll
leakages.

Liquidity position: Poor

The company's liquidity position is poor. The principal repayment
obligation for FY2023 for MTEL is INR65.44 crore, which
cannot be met through the cash flow from operations.

Rating sensitivities

Positive factors – The rating could be upgraded if the company
demonstrates track record of regular debt servicing on a sustained
basis.

Negative factors – Not Applicable

MTEL is a special purpose vehicle (SPV) promoted by Madhucon
Projects Limited, Madhucon Granites Ltd and SREI Infrastructure
Finance. MTEL has been formed to improve and widen a 128.15 km
stretch on National Highway (NH) - 45B on BOT basis. The stretch
extends between Km 138/800 and 264/500, connecting Madurai and
Tuticorin in Tamil Nadu. The project has been awarded by the
National Highways Authority of India (NHAI) on a BOT (toll) basis,
with a concession period of 20 years starting July 2006. The
scheduled commercial operations date (COD) of the project was
January 2010. However, after a delay of more than 16 months, the
tolling had started in July 2011. The project road is a key
arterial route connecting Tuticorin to Madurai and the rest of
India.


MALE SQUARE: Liquidation Process Case Summary
---------------------------------------------
Debtor: Male Square Retails Private Ltd
        339, 3rd Fl Block-F
        Tps-14, Sumel Business Park-6
        Nr. Dudheshwar Circle
        Dudheshwar, Ahmedabad 380004

Liquidation Commencement Date: November 7, 2022

Court: National Company Law Tribunal, Ahmedabad Bench

Date of closure of
insolvency resolution process: October 31, 2022

Insolvency professional: CA Rahul Nareshbhai Shah

Interim Resolution
Professional:            CA Rahul Nareshbhai Shah
                         20 Sudershan Society
                         Part 2, Naranpura
                         Ahmedabad, Gujarat 380013
                         E-mail: carahulnshah@gmail.com

                            - and -

                         9 B, Vardan Complex
                         Nr. Lakhudi Circle
                         Navrangpura, Ahmedabad
                         Gujarat 380014
                         E-mail: cirp.malesquare@gmail.com

Last date for
submission of claims:    December 7, 2022


N. D. PLASTICS: ICRA Keeps B- Debt Rating in Not Cooperating
------------------------------------------------------------
ICRA has retained the Long-Term and Short-Term ratings of N. D.
Plastics in the 'Issuer Not Cooperating' category. The ratings are
denoted as [ICRA]B-(Stable)/[ICRA]A4; ISSUER NOT COOPERATING".

                      Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-          6.00        [ICRA]B- (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Rating continues
   Cash Credit                     to remain under 'Issuer Not
                                   Cooperating' category

   Short Term-         3.00        [ICRA]A4 ISSUER NOT
   Non Fund Based                  COOPERATING; Rating continues
                                   to remain under 'Issuer Not
                                   Cooperating' category

   Long Term/          1.00        [ICRA]B- (Stable)/[ICRA]A4;
   Short Term-                     ISSUER NOT COOPERATING;
   Unallocated                     Rating Continues to remain
                                   under issuer not cooperating
                                   category

ICRA has been trying to seek information from the entity so as to
monitor its performance. Further, ICRA has been sending repeated
reminders to the entity for payment of surveillance fee that became
due. Despite repeated requests by ICRA, the entity's management has
remained non-cooperative. The current rating action has been taken
by ICRA basis best available/dated/limited information on the
issuers' performance. Accordingly, the lenders, investors and other
market participants are advised to exercise appropriate caution
while using this rating as the rating may not adequately reflect
the credit risk profile of the entity. The rating action has been
taken in accordance with ICRA's policy in respect of
non-cooperation by a rated entity available at www.icra.in.

N.D. Plastics was established as a proprietorship firm in 1987 with
the objective of trading in Polypropylene. The firm is engaged in
the business of import and trading of polymer products like LDPE
(Low-density polyethylene), LLDPE (Linear low-density
polyethylene), HDPE (High-density polyethylene), PVC (Poly Vinyl
Chloride) etc. The company has a warehouse located in Bhiwandi,
Thane.


NARAYAN BUILDERS: CARE Lowers Rating on INR32cr LT Loan to B
------------------------------------------------------------
CARE Ratings revised the ratings on certain bank facilities of Sree
Narayan Builders (SNB), as:

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      32.00       CARE B; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category and
                                   Revised from CARE B+; Stable

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 28,
2021, placed the rating(s) of SNB under the 'issuer
non-cooperating' category as SNB had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. SNB
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 13, 2022, September 23, 2022, October
3, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

The ratings assigned to the bank facilities of SNB have been
revised on account of non-availability of requisite information.

Sree Narayan Builders was established in January 1998 by Mr.
Shayamal Krishna Paul based out of Kolkata, West Bengal. Since its
inception, the firm has been engaged in trading of buildings
construction materials and the product portfolio of the firm
includes TMT Bars and roofing Sheets. The entity has taken
distributorship of reputed principal-Jindal Steel and Power Limited
since its inception. Mr. Shyamal Krishna Paul (Proprietor) who has
around two decades of experience in similar line of business looks
after the overall operations of the entity. Further, he is
supported by a team of experienced management who have rich
experience in the same line of business.


NIK-SAN ENGINEERING: Insolvency Resolution Process Case Summary
---------------------------------------------------------------
Debtor: Nik-San Engineering Company Limited

        Registered office:
        102, Saral Apartment
        Vanshree Compound
        Marve Road, Malad West
        Mumbai 400064

        Work office:
        Block No. 1129
        Near Solar Son Industries Ltd.
        POR Ramangamdi
        Dist. Vadodara 391243

        Local office:
        19, R.C. Patel Industrial Estate
        Akota, Vadodara 390020

        Plant:
        No. 58, GIDC
        POR Ramangamdi
        Dist. Vadodara 390020

Insolvency Commencement Date: November 5, 2022

Court: National Company Law Tribunal, Mumbai Bench

Estimated date of closure of
insolvency resolution process: May 2, 2023

Insolvency professional: Rakesh Kumar Tulsyan

Interim Resolution
Professional:            Rakesh Kumar Tulsyan
                         B-4, Vinay Tower
                         Kranti Nagar, Lokhandwala
                         Kandivali East
                         Mumbai 400101
                         E-mail: tulsyanrk@gmail.com
                                 cirp.niksan@gmail.com

Last date for
submission of claims:    November 19, 2022


NORTH AMERICAN COAL : Voluntary Liquidation Process Case Summary
----------------------------------------------------------------
Debtor: North American Coal Corporation India Private Limited
        First Floor, "Deepgriha"
        Chaya Society, Bhakti Marg
        50/1/2, Erandvana Pune
        MH 411004
        IN

Liquidation Commencement Date: November 4, 2022

Court: National Company Law Tribunal, Pune Bench

Insolvency professional: Anagha Anasingaraju

Interim Resolution
Professional:            Anagha Anasingaraju
                         1-2, Aishwarya Sankul
                         17 G.A. Kulkarni Path
                         Opp. Joshi's Railway Museum
                         Kothrud, Pune 411038
                         E-mail: rp.anagha@kanjcs.com
                         Tel: 020-25466265/65204591

Last date for
submission of claims:    December 4, 2022


PAARI CHEM: ICRA Keeps B+ Debt Rating in Not Cooperating Category
-----------------------------------------------------------------
ICRA has retained the Long-Term and Short-Term ratings of Paari
Chem Resources in the 'Issuer Not Cooperating' category. The
ratings are denoted as [ICRA]B+(Stable)/[ICRA]A4; ISSUER NOT
COOPERATING".

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-        (13.00)       [ICRA]B+ (Stable) ISSUER NOT
   Interchangeable                 COOPERATING; Rating continues
                                   to remain under 'Issuer Not
                                   Cooperating' category

   Short Term-        25.00        [ICRA]A4 ISSUER NOT
   Non Fund Based                  COOPERATING; Rating continues
   Others                          to remain under 'Issuer Not
                                   Cooperating' category

ICRA has been trying to seek information from the entity so as to
monitor its performance. Further, ICRA has been sending repeated
reminders to the entity for payment of surveillance fee that became
due. Despite repeated requests by ICRA, the entity's management has
remained non-cooperative. The current rating action has been taken
by ICRA basis best available/dated/limited information on the
issuers' performance. Accordingly, the lenders, investors and other
market participants are advised to exercise appropriate caution
while using this rating as the rating may not adequately reflect
the credit risk profile of the entity. The rating action has been
taken in accordance with ICRA's policy in respect of
non-cooperation by a rated entity available at www.icra.in.

Paari Chem Resources was set up in FY2010 as a proprietorship
concern (Hindu Undivided Family or HUF) by Mr. Parimal Doshi. The
firm is an importer and trader in various chemicals and solvents,
primarily in Acrylates, Ethylene Amines, Chlorinated Solvents and
Pharmaceutical Solvents. The products traded by the firm mainly
find application in paints, pharmaceuticals, furniture, and
industrial solvents. The firm sources the chemicals and solvents
directly from established global manufacturers such as BASF, Dow
Chemicals, Huntsman International, Solvay etc., as well as through
other traders.


PADMANABH SPORTS: Insolvency Resolution Process Case Summary
------------------------------------------------------------
Debtor: Padmanabh Sports Private Limited
        401, Abhishree Avenue
        Opp. Hanuman Temple
        Nehrunagar Circle
        Ambawadi, Ahmedabad
        Gujarat 380015

Insolvency Commencement Date: November 5, 2022

Court: National Company Law Tribunal, Ahmedabad Bench

Estimated date of closure of
insolvency resolution process: March 1, 2023

Insolvency professional: Mr. Neeraj Kumar Bajaj

Interim Resolution
Professional:            Mr. Neeraj Kumar Bajaj
                         A-502, Vastugram Building
                         Vesu, Surat
                         Gujarat 395007
                         E-mail: nkbajajca@gmail.com

                            - and -

                         609, 21st Century Building
                         Udhna Darwaja, Ring Road
                         Surat, Gujarat 395002
                         E-mail: cirp.padmanabh@gmail.com

Last date for
submission of claims:    November 19, 2022


PENGUINE HOSPITALITY: Insolvency Resolution Process Case Summary
----------------------------------------------------------------
Debtor: Penguine Hospitality Private Limited
        8, Ho Chi Minh Sarani
        Ground Floor
        Kolkata WB 700071
        IN

Insolvency Commencement Date: November 2, 2022

Court: National Company Law Tribunal, Kolkata Bench

Estimated date of closure of
insolvency resolution process: April 30, 2023

Insolvency professional: Kamal Nayan Jain

Interim Resolution
Professional:            Kamal Nayan Jain
                         Klass Insolvency Resolution
                         Professionals Pvt. Ltd.
                         2/7 Sarat Bose Road
                         Vasundhara Building
                         2nd Floor
                         Kolkata 700020
                         E-mail: knjain@knjainco.com
                                 cirp.penguinehpl@gmail.com

Last date for
submission of claims:    November 16, 2022


PG ADVERTISING PRIVATE: Insolvency Resolution Process Case Summary
------------------------------------------------------------------
Debtor: PG Advertising Private Limited
        (Formerly known as Prabhatam Advertising
        Private Limited)
        Shop in 1 C-125 G/F
        Lajpat Nagar Defence-C Flyover
        New Delhi 110024

        (However, IRP found the registered office operational at
        C-125, Second Floor, Lajpat Nagar
        Defence Colony Fly Over
        New Delhi 110024)

           - and -

        38, Rani Jhansi Road
        Jhandewalan, New Delhi 110055

Insolvency Commencement Date: November 4, 2022

Court: National Company Law Tribunal, Bench-II, New Delhi

Estimated date of closure of
insolvency resolution process: April 15, 2023

Insolvency professional: Vinay Kumar Singhal

Interim Resolution
Professional:            Vinay Kumar Singhal
                         411, Essel House
                         Asaf Ali Road
                         Near Turkman Gate
                         New Delhi 110002
                         E-mail: vinaysinghal.ip@gmail.com
                                 pg1.resolve@gmail.com

Last date for
submission of claims:    November 17, 2022


PLASTO INDIA: ICRA Withdraws B+ Rating on INR4.0cr LT Cash Loan
---------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Plasto India Private Limited at the request of the company and
based on the No Objection certificate (NOC) received from its
banker. However, ICRA does not have information to suggest that the
credit risk has changed since the time the rating was last
reviewed. The Key Rating Drivers, Liquidity Position, Rating
Sensitivities, Key financial indicators have not been captured as
the rated instruments are being withdrawn.

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-          4.00        [ICRA]B+ (Stable) ISSUER NOT
   Fund Based-                     COOPERATING; Withdrawn
   Cash Credit                     

   Long Term/          1.90        [ICRA]B+ (Stable)/[ICRA]A4;
   Short Term-                     ISSUER NOT COOPERATING;
   Unallocated                     Withdrawn

   Short Term-         8.60        [ICRA]A4; ISSUER NOT
   Non-Fund                        COOPERATING; Withdrawn
   Based Others        

Incorporated in 2002, the company is involved in the trading of
advertising flex and vinyl as well as other products like backlit,
frontlit, color vinyl, lamination film and digital printable
material as well as LED modules. PIPL has been an authorized
distributor of LG Hausys products for more than a decade. Almost
100% of the revenues till FY2012 were generated from the sale of
the company's products in northern and eastern India. However, to
diversify its product portfolio, it has become an authorised
distributor of Ilshin Tarpaulin (Korea) products.

R. M. AUTO: CARE Keeps C Debt Rating in Not Cooperating Category
----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of R. M. Auto
Link Private Limited (RMALPL) continues to remain in the 'Issuer
Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.50       CARE C; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated September 2,
2021, placed the rating(s) of RMALPL under the 'issuer
non-cooperating' category as RMALPL had failed to provide
information for monitoring of the rating and had not paid the
surveillance fees for the rating exercise as agreed to in its
Rating Agreement. RMALPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated July 19, 2022, July 29, 2022,
August 8, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

R. M. Auto Link Private Limited (RMPL, CIN: U34103MP2005PTC017555)
was incorporated in April 2005 and was promoted by Rajpal and
Moolchandani family. RMPL is engaged in two-wheeler (2W) automobile
dealership business as an authorized dealer of Honda Motors Cycle
and Scooter India Pvt. Ltd. (HMSI). RMPL has one showroom with 3S
facility (Sales, Services and Spare Parts), one service centre with
2S facility (Services and Spare parts) and one sales outlay in
Bhopal.


REASELACK POLYMERS: Insolvency Resolution Process Case Summary
--------------------------------------------------------------
Debtor: Reaselack Polymers Private Limited

        Registered office:
        5-4-57, First Floor
        'Shri Krishna Govind Complex'
        Distillery Road, Secunderabad
        Telangana 500003

        Factory:
        Plot No. A-37, MIDC
        Wardha Industrial Area
        Wardha, Maharashtra 442001

Insolvency Commencement Date: November 1, 2022

Court: National Company Law Tribunal, Hyderabad Bench-II

Estimated date of closure of
insolvency resolution process: April 30, 2023

Insolvency professional: K Vatsa Kumar

Interim Resolution
Professional:            K Vatsa Kumar
                         Flat No. 101, Dr. A S Rao Encalve
                         Road No. 2, Snehapuri Colony
                         Nacharam, Hyderabad 500076
                         E-mail: kvkumar.ip@gmail.com

                            - and -

                         Global Insolvency Professionals Pvt.
                         Limited
                         Plot No. 717, Journalist Colony
                         Road No. 2, Banjara Hills
                         Hyderabad 500034
                         E-mail: reaselackpolymer.cirp@gmail.com

Last date for
submission of claims:    November 15, 2022


SCHIFFLIES INDIA: Insolvency Resolution Process Case Summary
------------------------------------------------------------
Debtor: Schifflies India Limited
        A-19, Kalkaji
        New Delhi
        South Delhi 110019

Insolvency Commencement Date: November 2, 2022

Court: National Company Law Tribunal, Principal Bench New Delhi

Estimated date of closure of
insolvency resolution process: April 19, 2023

Insolvency professional: Sanjeev Chaudhary

Interim Resolution
Professional:            Sanjeev Chaudhary
                         204, Rajkamal Apartment
                         127-128, Kailash Vihar
                         City Centre, Gwalior 474011
                         E-mail : rpncltibc@gmail.com
                                  cirp.schifflies@gmail.com

Last date for
submission of claims:    November 18, 2022


SPENCER SYSTEMS: CARE Keeps B- Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Spencer
Systems (SS) continues to remain in the 'Issuer Not Cooperating'
category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       4.00       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category  

   Short Term Bank      1.60       CARE A4; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category
  
Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 18,
2021, placed the rating(s) of SS  under the 'issuer
non-cooperating' category as SS had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. SS
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 3, 2022, September 13, 2022, September
23, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Spencer Systems is a proprietorship firm, established by Ms
Meenakshi Ghorpade in July 1989 and the overall operations of the
company are currently managed by Mr Ranjitsinh Ghorpade. The
company is engaged in turnkey execution of electrical contracts
which includes industrial electrification, substation works, power
control centres amongst others. Further, the company has entered
into the trading business of the thermo-reflective coating and
switchgears with effect from FY20.


STERLING GLOBAL: CARE Keeps D Debt Rating in Not Cooperating
------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sterling
Global Oil Resources Private Limited (SGORPL) continues to remain
in the 'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank     6,390.83     CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated August 27,
2021, placed the rating(s) of SGORPL under the 'issuer
non-cooperating' category as SGORPL had failed to provide
information for monitoring of the rating and had not paid the
surveillance fees for the rating exercise as agreed to in its
Rating Agreement. SGORPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated July 13, 2022, July 23, 2022,
August 2, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

SGORPL is the energy arm of the erstwhile Sandesara Group headed by
Mr. Nitin Sandesara. The Sandesara group had harbored diversified
business interests ranging from Oil & Gas, Pharmaceuticals,
Healthcare Engineering, Infrastructure, Onshore rigs, Seismic
studies and Oil trading.


SUPERWAYS ENTERPRISES: Insolvency Resolution Process Case Summary
-----------------------------------------------------------------
Debtor: Superways Enterprises Private Limited
        1, 3rd Floor, 14A, Sukhia Building
        Cawasji Patel Road, Horniman Circle
        Fort, Mumbai 400001

Insolvency Commencement Date: September 29, 2022

Court: National Company Law Tribunal, Mumbai Bench

Estimated date of closure of
insolvency resolution process: March 19, 2023

Insolvency professional: Mr. Devang Subodh Thakar

Interim Resolution
Professional:            Mr. Devang Subodh Thakar
                         B-11, Sardar Patel SOC
                         Nehru Road, Vile Parle (East)
                         Mumbai 400057
                         E-mail: cs.devangthakar@gmail.com
                                 cirpsuperways@gmail.com

Last date for
submission of claims:    October 13, 2022


TAMIL NADU: ICRA Reaffirms D Rating on INR118.01cr Term Loan
------------------------------------------------------------
ICRA has reaffirmed ratings on certain bank facilities of Tamil
Nadu Dindigul Karur Expressways Limited (TNDK), as:

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-        118.01        [ICRA]D; Reaffirmed
   Fund Based-                     
   Term Loan                       
         
Rationale

The rating reaffirmation considers the continued delays in debt
repayment by TNDK and its consequent classification as a
non-performing asset by the lenders. TNDK's liquidity position
remained poor due to lower-than-envisaged traffic. The toll
collections continue to remain significantly below expectations
against the initial projected levels. As per the concession
agreement, the first major maintenance (MM) was due in November
2014. However, it was delayed by five years and finally commenced
in January 2019 due to funding constraints. As on August 31, 2022,
100% of the first MM has been completed, and the second MM work is
expected to start once the approval from the authority is
received.

Key rating drivers and their description

Credit challenges

* Delays in debt servicing: The company is delaying in repaying its
debt obligations and had been classified as a non-performing asset
by the lenders, given the significantly lower-than-expected toll
collections. The toll collections are expected to be inadequate for
debt servicing and the delays are likely to continue in the near
term.

* Lack of funding for MM: As per the concession agreement, the
first MM was due in November 2014. However, due to funding
constraints, it was delayed by 50 months and finally commenced in
January 2019 with an estimated cost of INR93.55 crore, which is
being funded through the project's cash flows. As on August 31,
2022, 100% of the first MM work is completed. The second MM work is
expected to start once the approval from the authority is
received.

* Inherent risk in BOT (Toll) road projects: The project remains
exposed to risks inherent in build-operate-transfer (BOT - Toll)
road projects, including risks arising from political acceptability
of toll rate hikes over the concession period and
development/improvement of alternate routes and likelihood of toll
leakages.

Liquidity position: Poor

The company's liquidity position is poor. The principal repayment
obligation for FY2023 for TNDK is INR20.48 crore, which cannot be
met through its cash flow from operations.

Rating sensitivities

Positive factors – The rating could be upgraded if the company
demonstrates track record of regular debt servicing on a sustained
basis.

Negative factors – Not Applicable

TNDK is a special purpose vehicle (SPV) promoted by Madhucon
Projects Ltd (MPL) and SREI Infrastructure Finance. TNDK has been
formed to strengthen and widen the existing 68 km long stretch
between Karur and Dindigul on NH-7. The project includes the
improvement, operations, and management of the existing four-lane
stretches in the adjacent section from Karur Bypass (chainage
292.600 km) to the end of Karur Bypass (chainage 305.600 km)
covering a total length of 9.60 km. The project has been awarded by
the National Highway Authority of India (NHAI) on a BOT (toll)
basis, with a concession period of 20 years starting from October
2006. The project has been delayed by about seven months, with the
actual COD being November 2009 instead of April 2009. This highway
is the major arterial route that serves a significant volume of
passenger traffic traveling to various important cities like
Madurai, Kanyakumari, Rameswaram, Coimbatore and Kodaikanal. This
route also forms a part of the feeder to the Tuticorin Port for the
Bangalore-side traffic.

TEAMSPIRIT FACILITY: Insolvency Resolution Process Case Summary
---------------------------------------------------------------
Debtor: Teamspirit Facility Services Pvt. Ltd.

        Registered office address:
        3rd Floor, Shop No. 40, Roshpa Tower
        Main Road, Ranchi
        Jharkand 834001
        India

        Principal office address:
        Shop No. 3, M P Nagina Complex
        Near MP Tower, Adityapur
        Jamshedpur, Purbi
        Singhbhum, Jharkhand 831013

Insolvency Commencement Date: October 28, 2022

Court: National Company Law Tribunal, Kolkata Bench (Court No. I)

Estimated date of closure of
insolvency resolution process: April 26, 2023

Insolvency professional: Nelson Leo Francis Xavier

Interim Resolution
Professional:            Nelson Leo Francis Xavier
                         Grace Villa, S.No. 315/1
                         Waghere Colony-1, Pimprigaon
                         Pimpri, Pune
                         Maharashtra 411017
                         E-mail: fxnelsonleo@gmail.com

Last date for
submission of claims:    November 11, 2022


TRICHY THANJAVUR: ICRA Reaffirms D Rating on INR172.86cr Loan
-------------------------------------------------------------
ICRA has reaffirmed ratings on certain bank facilities of Trichy
Thanjavur Expressways Limited (TTEL), as:

                     Amount
   Facilities      (INR crore)     Ratings
   ----------      -----------     -------
   Long Term-        172.86        [ICRA]D; Reaffirmed
   Fund Based-                     
   Term Loan                       

Rationale

The rating reaffirmation considers the continued delays in debt
repayment by TTEL and its consequent classification as a
non-performing asset by the lenders. TTEL's liquidity position
remained poor due to lower-than-envisaged traffic. The toll
collections continue to remain significantly below the expectations
against when the initial projected levels. As per the concession
agreement, the first major maintenance (MM) was due in May 2016.
However, it was delayed by 28 months and finally commenced in
September 2018 due to funding constraints. As on August 31, 2022,
the first MM work has been completed and the second MM work is
expected to start once the approval from the authority is
received.

Key rating drivers and their description

Credit challenges

* Delays in debt servicing: With toll collections significantly
below expectations against the initial estimates, the company is
delaying in repaying its debt obligations and had been classified
as a non-performing asset by the lenders. The toll collections are
likely to be inadequate for debt servicing and the delays are
expected to continue in the near term.

* Lack of funding for MM: As per the concession agreement, the
first MM was due in May 2016. However, due to funding constraints,
it was delayed by 28 months and finally commenced in September 2018
with an estimated cost of INR39.7 crore, which is being funded
through the project's cash flows. As on August 31, 2022, the first
MM work is completed, and the second MM work is expected to start
once the approval from the authority is received.

* Inherent risk in BOT (Toll) road projects: The project remains
exposed to risks inherent in build-operate-transfer (BOT - Toll)
road projects, including risks arising from the political
acceptability of toll rate hikes over the concession period and
development/improvement of alternate routes and likelihood of toll
leakages.

Liquidity position: Poor

The company's liquidity position is poor. The principal repayment
obligation for FY2023 for TTEL is INR37.17 crore, which cannot be
met through its cash flow from operations.

Rating sensitivities

Positive factors – The rating could be upgraded if the company
demonstrates a track record of regular debt servicing on a
sustained basis.

Negative factors – Not Applicable

TTEL is a special purpose vehicle (SPV) promoted by Madhucon
Projects Ltd (MPL) for strengthening and widening of an existing
55.75 km long stretch between Trichy and Thanjavur on National
Highway (NH) - 67. The project has been awarded by the National
Highway Authority of India (NHAI) on a BOT (toll) basis, with a
concession period of 20 years starting June 2006. The scheduled
commercial operations date (COD) of the project was June 2009.
However, the company achieved the COD in May 2011 after a delay of
more than 22 months. The project stretch connects Thanjavur, a
prominent tourist city to Trichy and other places in the western
part of South India.


VEER INFRA: CARE Keeps B- Debt Ratings in Not Cooperating Category
------------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Veer Infra
Projects (VIP) continues to remain in the 'Issuer Not Cooperating'
category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       4.00       CARE B-; Stable; ISSUER NOT
   Facilities                      COOPERATING; Rating continues
                                   to remain under ISSUER NOT
                                   COOPERATING category  

   Long Term/Short      2.00       CARE B-; Stable/CARE A4;
   Term Bank                       ISSUER NOT COOPERATING;
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

Detailed Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 19,
2021, placed the rating(s) of VIP under the 'issuer
non-cooperating' category as VIP had failed to provide information
for monitoring of the rating and had not paid the surveillance fees
for the rating exercise as agreed to in its Rating Agreement. VIP
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated September 4, 2022, September 14, 2022, September
24, 2022.

In line with the extant SEBI guidelines, CARE Ratings Ltd. has
reviewed the rating on the basis of the best available information
which however, in CARE Ratings Ltd.'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(s).

Uttar Pradesh-based, Veer Infra Projects (VIP) was incorporated by
Mr. Sachin Yadav, Mr. Rahul Veer Singh and Mr. Rohit Veer Singh in
July 2015 with the objective of undertaking civil construction
contracts. The firm undertakes projects such as construction of
roads, bridges and office buildings mainly for PWD (Public Works
Department, Uttar Pradesh) and Uttar Pradesh Nirman Nigam Limited.


VISHNU OVERSEAS: Insolvency Resolution Process Case Summary
-----------------------------------------------------------
Debtor: Shri Vishnu Overseas Private Limited
        Jind Road Kaithal
        Haryana 136027

Insolvency Commencement Date: November 4, 2022

Court: National Company Law Tribunal, Panchkula Bench

Estimated date of closure of
insolvency resolution process: May 3, 2023
                               (180 days from commencement)

Insolvency professional: Hemanshu Jetley

Interim Resolution
Professional:            Hemanshu Jetley
                         Ducturus Resolution Professionals
                         Pvt. Ltd.
                         SCO-818, 1st Floor
                         NAC, Manimajara
                         Chandigarh, 160101
                         E-mail id: hejetley@gmail.com
                                    cirp.svopl@gmail.com
                         Mobile: 090417-00000
                                 +916283-281078

Last date for
submission of claims:    November 19, 2022


ZUBERI FIBRES: Insolvency Resolution Process Case Summary
---------------------------------------------------------
Debtor: Zuberi Fibres Private Limited
        Flat No. 710, 7th floor
        Hemkund Chamber 89
        Nehru Place
        New Delhi 110019

Insolvency Commencement Date: November 3, 2022

Court: National Company Law Tribunal, New Delhi Bench

Estimated date of closure of
insolvency resolution process: May 2, 2023

Insolvency professional: Devinder Kumar

Interim Resolution
Professional:            Devinder Kumar
                         Flat 362, Heritage Tower
                         Sector 3, Plot 1
                         Dwarka, New Delhi 110078
                         E-mail: devip310505@yahoo.com

                            - and -

                         1203, Vijaya Building
                         17 Barakhamba Road
                         Connaught Place
                         New Delhi 110001
                         E-mail: ip.zuberi@gmail.com

Last date for
submission of claims:    November 17, 2022




=================
I N D O N E S I A
=================

KAWASAN INDUSTRI: Fitch Lowers Issuer Default Rating to 'C'
-----------------------------------------------------------
Fitch Ratings has downgraded Indonesia-based homebuilder PT Kawasan
Industri Jababeka Tbk's (KIJA) Issuer Default Rating (IDR) to 'C',
from 'CC', following the company's November 8 announcement offering
to exchange most of its senior unsecured notes due October 2023 for
new senior secured notes due 2027. At the same time, Fitch has
downgraded the senior unsecured USD300 million notes due 5 October
2023 to 'C' from 'CC', with a Recovery Rating of 'RR4'.

The bonds are issued by wholly owned subsidiary, Jababeka
International B.V., and guaranteed by KIJA. Fitch Ratings Indonesia
has also downgraded KIJA's National Long-Term Rating to 'C(idn)'
from 'CC(idn)'.

The downgrade reflects Fitch's view that the proposed exchange
constitutes a distressed debt exchange (DDE), because it results in
a material reduction in terms to investors, and Fitch believes the
transaction is conducted to avoid a default on the October 2023
notes. Short of completing the exchange offer, KIJA would be left
with extremely limited options to repay the notes, due to weak
investor sentiment for emerging-market high-yield debt.

If the DDE is completed, Fitch will downgrade KIJA's IDR to
'Restricted Default' (RD), and re-assess the ratings in line with
the post-exchange capital structure. If the exchange is
unsuccessful, KIJA's ratings will be reassessed to reflect the
heightened near-term liquidity risks.

'C' National Ratings denote a default or default-like process has
begun, or the issuer is in standstill, or for a closed funding
vehicle, payment capacity is irrevocably impaired.

KEY RATING DRIVERS

Exchange Offer Constitutes a DDE: The transaction contemplates
exchanging the face value of at least 90% of KIJA's outstanding
bonds due October 2023 into 30% of cash and 70% of longer-dated
unsecured notes maturing in 2027, with a coupon step-up ranging
from 7%-9% in annual increments of 50bp, compared with a fixed
cash-coupon for the current notes. Fitch believes these amendments,
which have been combined with a consent solicitation to remove
restrictive covenants on any remaining notes, constitute a material
reduction in terms.

Exchange to Avoid Default: Fitch believes KIJA's ability to raise
new financing has weakened significantly amid souring investor
sentiment for emerging-market debt, as global growth prospects slow
due to persistently high inflation and rising interest rates.

The refinancing plans had previously included raising USD100
million from domestic banks, and the balance via a fresh issue in
cross-border bond markets. KIJA has secured a USD100 million bank
loan from PT Bank Mandiri (Persero) Tbk (BBB-/AA+(idn)/Stable),
which it proposes to use to prepay an equivalent value of the old
note issuance. However, the prospects of raising the balance via
bond issuance have diminished - given weak market access - with
secondary market trading implying unserviceable interest payments
on any new issuance.

Presales to Moderate: Fitch forecasts presales, excluding KIJA's
joint venture - PT Kawasan Industri Kendal - to fall by 5% in 2023
to around IDR1 trillion, on softer economic growth amid rising
inflation and interest rates. Presales should improve to IDR1.1
trillion in 2022, from IDR994 billion in 2021, on the reopening of
international borders following the Covid-19 pandemic. This is
facilitating a normalisation of foreign visitors and building
momentum for foreign direct investment.

Fitch expects industrial land sales to account for the majority of
presales in the next two years, with affordable homes and
commercial land plots making up the balance.

ESG - Governance: The company has not fully addressed market
concerns on debt maturities amid limited access to capital, which
has a negative impact on the credit profile, and is relevant to the
ratings in conjunction with other factors

DERIVATION SUMMARY

KIJA's Long-Term IDR of 'C', the 'C' rating on its unsecured notes
and the National Long-term Rating of 'C(idn)' reflect the company's
announced exchange offer on its outstanding unsecured notes, which
Fitch believes constitutes a DDE.

KEY ASSUMPTIONS

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

- Presales, excluding the Kendal joint venture, to fall to around
IDR1.0 trillion in 2023 (2022 forecast: IDR1.1 trillion)

- Non-development EBITDA of around IDR400 billion in 2022 and
IDR380 billion in 2023

- Land banking and capex, excluding Kendal, of around IDR295
billion in 2022 and IDR200 billion in 2023

- Fitch does not assume any dividends in 2022 and 2023, considering
Kendal's ongoing development plans.

RATING SENSITIVITIES

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

- Fitch will reassess KIJA's capital structure and cash flow after
the completion of the exchange offer, or if the exchange is not
completed, to determine its IDR, senior unsecured ratings and
National Long-Term Rating.

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

- Fitch will downgrade KIJA's Long-Term IDR to 'RD' (Restricted
Default) and National Long-Term Rating to 'RD(idn)' if the exchange
offer is completed, and thereafter re-assess the company's IDR
based on its post-exchange capital structure.

LIQUIDITY AND DEBT STRUCTURE

Bank Funding Insufficient: KIJA had around IDR1.2 trillion (USD81
million) of cash as of 30 July 2022, compared with around IDR4.5
trillion (USD303 million) debt due in the next 12 months,
comprising mostly of its USD300 million unsecured notes due 5
October 2023. KIJA has insufficient liquidity to repay the notes,
with only USD100 million committed from a domestic bank in October
2022 and its neutral free cash flow. The company's access to
capital markets has weakened significantly in the current
environment, such that we believe the proposed exchange offer is
key to repaying its cross-border debt.

ISSUER PROFILE

KIJA is an Indonesia-based industrial township developer. The
company generates presales from its two flagship projects, Kota
Jababeka in Cikarang, West Java, and Kawasan Industri Kendal, in
Central Java. It had over 1,700 hectares of landbank across its two
estates at end-December 2021, which was sufficient for more than 20
years of development.

ESG CONSIDERATIONS

PT Kawasan Industri Jababeka Tbk has an ESG Relevance Score of '4'
for Management Strategy as it has not fully addressed market
concerns on debt maturities amid limited access to capital , which
has a negative impact on the credit profile, and is relevant to the
rating[s] in conjunction with other factors.

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

   Entity/Debt              Rating            Recovery    Prior
   -----------              ------            --------    -----
PT Kawasan Industri
Jababeka Tbk         LT IDR  C     Downgrade                CC
                     Natl LT C(idn)Downgrade            CC(idn)

   senior
   unsecured         LT      C     Downgrade     RR4        CC

Jababeka
International B.V.

   senior
   unsecured         LT      C     Downgrade     RR4        CC




===============
M A L A Y S I A
===============

1MDB: Convicted Ex-Goldman Banker Sues Ex-Boss Over Fraud
---------------------------------------------------------
Jonathan Stempel at Reuters reports that Roger Ng, the former
Goldman Sachs banker convicted for helping loot Malaysia's 1MDB
sovereign wealth fund, on Nov. 11 sued the government's star
witness Tim Leissner for more than $130 million, alleging fraud.

In a complaint filed in a New York state court in Manhattan, Ng
accused his former boss of repeatedly lying in order to steal his
investments in energy drink maker Celsius Holdings and artificial
intelligence company Sentient Technologies, according to Reuters.

Reuters relates that the complaint said Mr. Leissner, a former
Goldman partner, stole Ng's money to cover his own defense costs in
a related criminal case where he pleaded guilty in 2018, while
depriving Ng of funds to defend himself and appeal his conviction.

"Ng is in the unimaginable position of having to defend himself
against allegations made by the person who defrauded him and who
stole the money that plaintiff Ng needs to defend against those
same allegations," the complaint said.

Ng, the former head of investment banking for Goldman Sachs
Malaysia, said Mr. Leissner's thefts included a $1.25 million
Celsius stake now worth more than $130 million, plus $1 million
intended to buy half of Leissner's interest in Sentient, Reuters
relays.

He said it wasn't until May 2021 when Mr. Leissner and his wife,
the model and entrepreneur Kimora Lee Simmons, were sued by
Simmons' former husband, record executive Russell Simmons, that he
learned Leissner had diverted the Celsius investment.

In October 2020, Goldman agreed to pay $2.9 billion and its
Malaysian unit pleaded guilty to a corruption charge, to settle
probes into the looting of billions of dollars from 1MDB and
payment of bribes to win business for the Wall Street bank, Reuters
recounts.

A federal jury in Brooklyn convicted Ng in April of conspiring to
violate an anti-bribery law and commit money laundering.

Ng faces up to 30 years in prison. He and Mr. Leissner are
scheduled to be sentenced in mid-February, the report says.

Jho Low, a Malaysian financier and suspected mastermind of the
looting, was also indicted in Brooklyn and remains at large.

                             About 1MDB

Kuala Lumpur-based 1Malaysia Development Bhd (1MDB) is an insolvent
Malaysian strategic development company, wholly owned by the
Malaysian Minister of Finance.  1MDB was established in 2009 to
foster long-term economic development for the country by forging
global partnerships, particularly in energy, real estate, tourism,
and agribusiness.

The Company was founded shortly after Dato Sri Najib Razak became
Prime Minister of Malaysia in July 2009.  Najib said the
establishment of 1MDB into a federal entity was to benefit a
majority of Malaysians.

1MDB is said to have raised billions of dollars in bonds, for
investment projects and joint ventures, between 2009 and 2013.
Among those projects are the Tun Razak Exchange, Tun Razak
Exchange's sister project Bandar Malaysia, and the acquisition of
three independent power producers.

The Company came into heavy scrutiny in 2015 for suspicious money
transactions and evidence pointing to money laundering, fraud and
theft.  The corruption scandal in 1MDB has implicated high-level
officials, including Prime Minister Najib Razak, as wells as banks
and financial institutions around the world.  

In 2016, the U.S. Department of Justice filed a lawsuit, alleging
that at least US$3.5 billion has been stolen from 1MDB.  In
September 2020, the alleged amount stolen had been raised to US$4.5
billion and a Malaysian government report listed 1MDB's outstanding
debts to be US$7.8 billion.

Malaysia has been filing lawsuits over the years in an effort to
recover the missing billions of dollars.  Among others, in May
2021, Malaysia filed 22 civil suits against entities and people
involved in the corruption scandal, including units of Deutsche
Bank and JP Morgan.

Malaysia said in September 2020 it has so far recovered about
US$3.24 billion in assets linked to the 1MDB matter.  This amount
includes about US$600 million cash and assets returned by U.S.
authorities; about US$2.5 billion paid by Goldman Sachs as
settlement; as well as US$780 million in settlement amounts from
Malaysian banking group AmBank and audit firm Deloitte.


KNM GROUP: Executive Director and Group CEO Resigns
---------------------------------------------------
Izzul Ikram at theedgemarkets.com reports that KNM Group Bhd has
announced the resignation of its executive director and group chief
executive officer Terence Tan Koon Ping, effective Nov. 8.

In a filing with the local bourse, the oil and gas process
equipment maker said Mr. Tan, 52, is vacating the position "to
pursue other interests," theedgemarkets.com relates.

In Mr. Tan's stead, KNM said that non-independent director
Ravindrasingham Balasingham has been redesignated as its executive
director and group CEO.

According to the report, Mr. Tan had served in the role for over
two years since his appointment back in July 2020, taking over both
positions from founder Lee Swee Eng.

theedgemarkets.com relates that Mr. Tan offloaded his entire
shareholding in KNM at the start of 2022, disposing of an aggregate
12.5 million shares or a 0.37% stake in the group.  KNM Group
Berhad (KLSE:KNM) -- https://www.knm-group.com/ -- is engaged in
the investment holding and the provision of management services.
It operates through three geographical segments: Asia and Oceania,
Europe and America.  The Asia and Oceania segment includes
Malaysia, Thailand, Indonesia, Myanmar, Australia and Mauritius.
The Europe segment includes Germany, Italy, United Arab Emirates,
United Kingdom, British Virgin Islands, Netherlands, Saudi Arabia,
and Isle of Man.  The America segment includes the United States of
America and Canada.  Its subsidiary KNM Process Systems Sdn. Bhd.
is engaged in the design, manufacture, assembly and commissioning
of process equipment, pressure vessels, heat exchangers, skid
mounted assemblies, process pipe systems, storage tanks,
specialized structural assemblies and module assemblies for the
oil, gas and petrochemical industries. Its other subsidiaries
include KNM International Sdn. Bhd., KNM Capital Sdn. Bhd. and KNM
Renewable Energy Sdn. Bhd.

On Oct. 31, KNM Group Bhd said it had become an affected listed
issuer under the Practice Note 17 (PN17) on the basis that
Paragraph 2.1(e) of the note was triggered in its audited
consolidated financial statements for the period ended June 30,
2022, which were published on Oct. 31.  The company said its
auditor had highlighted a material uncertainty over its ability to
continue as a going concern.




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

ESPRESSO KIOSK: Creditors' Proofs of Debt Due on Dec. 9
-------------------------------------------------------
Creditors of Espresso Kiosk Limited are required to file their
proofs of debt by Dec. 9, 2022, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Nov. 7, 2022.

The company's liquidators are:

           Bryan Edward Williams
           BWA Insolvency Limited
           PO Box 609
           Kumeu 0841


HUGHES ENTERPRISES: Creditors' Proofs of Debt Due on Dec. 2
-----------------------------------------------------------
Creditors of Hughes Enterprises Limited are required to file their
proofs of debt by Dec. 2, 2022, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Nov. 4, 2022.

The company's liquidators are:

           Khov Jones Limited
           PO Box 302261
           North Harbour
           Auckland 0751


MK BUILDERS: Court to Hear Wind-Up Petition on Nov. 17
------------------------------------------------------
A petition to wind up the operations of Mk Builders Limited will be
heard before the High Court at Dunedin on Nov. 17, 2022, at 10:00
a.m.

The Commissioner of Inland Revenue filed the petition against the
company on Sept. 21, 2022.

The Petitioner's solicitor is:

           David Tasker
           Inland Revenue, Legal Services
           PO Box 1782
           Christchurch 8140


NAVIGATOR CONSTRUCTION: Creditors' Proofs of Debt Due on Dec. 9
---------------------------------------------------------------
Creditors of Navigator Construction Limited are required to file
their proofs of debt by Dec. 9, 2022, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Nov. 3, 2022.

The company's liquidators are:

           Digby John Noyce
           RES Corporate Services Limited
           PO Box 301890
           Albany
           Auckland 0752


THONY BUILDERS: Court to Hear Wind-Up Petition on Nov. 18
---------------------------------------------------------
A petition to wind up the operations of Thony Builders Limited will
be heard before the High Court at Auckland on Nov. 18, 2022, at
10:00 a.m.

Rekha Senat Roy filed the petition against the company on Sept. 21,
2022.

The Petitioner's solicitor is:

           Jeffrey Gray Ussher
           Level 19
           191 Queen Street
           Auckland




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

AUTOEXPORT & EPZ: Court to Hear Wind-Up Petition on Nov. 25
-----------------------------------------------------------
A petition to wind up the operations of Autoexport & EPZ Pte Ltd
will be heard before the High Court of Singapore on Nov. 25, 2022,
at 10:00 a.m.

GC Lease Singapore Pte Ltd filed the petition against the company
on Oct. 31, 2022.

The Petitioner's solicitors are:

          I.N.C. Law LLC
          4 Battery Road
          #26-01, Bank of China Building
          Singapore 049908


CDL HOSPITALITY: Fitch Affirms 'BB+' LongTerm IDR, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Rating of
Singapore-based CDL Hospitality Real Estate Investment Trust
(H-REIT) at 'BB+'. The Outlook is Stable.

The affirmation is underpinned by Fitch's expectations that H-REIT
is on track to deleverage to a level that is commensurate with its
rating by end-2022, supported by the lifting of travel restrictions
across most of the trust's key APAC markets between 2Q22 and 4Q22
and a continued rebound in global travel.

The Stable Outlook reflects its expectations of a yoy improvement
in cash flows and steady leverage in the next 12 months from higher
revenue per available room (RevPAR) with the cessation of
government isolation contracts in its Singapore properties, which
account for around 60% of H-REIT's net property income (NPI). This
will counterbalance headwinds from high inflation and a slower
economy, particularly in the trust's key European markets.

KEY RATING DRIVERS

Steady Deleveraging: Fitch forecasts net debt/EBITDA to fall below
10x by end-2022 (2021: 13x), the level above which Fitch would
consider negative rating action. This is better than its earlier
forecasts after a stronger-than-expected rebound in 3Q22. Fitch
forecasts stable leverage in 2023 as higher debt to fund a
build-to-rent UK residential property, the Castings, will be offset
by stronger cash flows. Fitch does not expect any material
debt-funded acquisitions in the next 12-18 months given rising
interest rates and a loan-to-value ratio of around 40%, close to
its historical maximum.

APAC to Drive 2023 Rebound: Fitch projects EBITDA to reach SGD107
million in 2022 and SGD113 million in 2023, supported by higher
RevPAR in Singapore. NPI for its five Singapore master-leased
hotels exceeded 2019 levels in 3Q22 with the exit of government
block bookings for four of the hotels and the resumption in tourism
from high-profile events like the Singapore Formula One.

Fitch expects 2023 revenue to remain steady as more countries relax
travel restrictions in 2H22.The easing of border restrictions in
New Zealand and Japan in 2H22 will also aid the trust's RevPAR
recovery in 2023. This will offset the higher cost of utilities of
around SGD3 million-4 million in 2023, by Fitch's estimates,
largely from the Singapore portfolio.

Challenges in European Hotels: Fitch sees some downward pressure in
the European lodging sector as the rising inflation and high cost
of living could hamper demand for leisure travel. However, Fitch
believes the resumption of corporate bookings and companies'
willingness to spend on business travel will mitigate the RevPAR
decline as the trust's Manchester hotels in central business
districts serve mostly corporate visitors.

Fitch forecasts NPI from H-REIT's UK hotels to moderate in 2023 on
a like-for-like basis, although this will be counterbalanced by the
full-year contribution and higher fixed rent from Hotel Brooklyn,
acquired in February 2022. Fitch believes the German and Italian
hotels will recognise variable rents on their leases next year as
Fitch estimates both hotels will have clawed back the losses
incurred during the temporary restructured lease term by end-2022.
The weaker euro and sterling against the US dollar could benefit
international travel to the region.

Higher Utility Cost: H-REIT's master-lease contracts, which account
for around 40% of revenue, limit its exposure to rising utility and
staff costs because it receives a portion of the hotels' revenue as
rent in some of the contracts, which is unaffected by cost. Fitch
forecasts 2023 NPI to rise 5% yoy as RevPAR recovery more than
offsets higher utilities.

Lower Fixed-Rent Income: Fitch expects fixed rent to drop to around
20% of revenue in 2022, from 28% in 2019. This is due to the exit
of the master-lease contract for its Australian hotels in 2021 and
the lower base rents for its Germany, Italy and New Zealand hotels.
The acquisition of Hotel Brooklyn, which will generate a fixed rent
of GBP2.3 million per year, partially offsets the impact. Fitch
does not expect a material change in the fixed rent mix as there is
no base rent expiring in the next few years and the German and
Italian hotels' base rents will normalise in 2025.

Rating Based on Consolidated Profile: H-REIT is part of a stapled
group, CDL Hospitality Trusts (CDLHT), consisting of H-REIT and CDL
Hospitality Business Trust (HBT). Under the stapling deed, each
stapled security consists of one unit of H-REIT and one unit of
HBT, and is treated as a single instrument. H-REIT's rating is
based on the consolidated profile of H-REIT and HBT given Fitch's
view that there are strong operating and strategic linkages between
the two trusts, as provided for in the stapling deed.

DERIVATION SUMMARY

H-REIT's rating is comparable with that of peers such as CapitaLand
Ascott Real Estate Investment Trust (Ascott REIT, BBB-/Stable),
Host Hotels & Resorts, Inc. (BBB-/Stable) and Accor SA
(BB+/Stable).

Ascott REIT is rated one-notch higher due to its larger and more
geographically diverse property portfolio. It also has a higher
portion of income from fixed rent and longer average-stay
tenancies, as it caters to the serviced-residence sub-segment and
has an increasing exposure to student accommodation. These factors
provide a more stable income for Ascott REIT than H-REIT.

Host has a substantially larger operating scale than H-REIT, with
80 high-quality up-market hotels spread across the US and five
international hotels in Brazil and Canada. Fitch believes Host's
earnings will remain negative till end-2022, unlike H-REIT, which
benefits from a degree of fixed rent. However, Host's leverage is
likely to drop to around 3.2x in 2023, which will be commensurate
with its rating. This, together with Host's sector-leading access
to capital markets across all points in the cycle, offsets its
temporarily weaker earnings and supports a higher rating than for
H-REIT.

Accor is rated the same as H-REIT. Accor is much larger in terms of
operating scale and is more diversified across geographies.
Nevertheless, Accor's operating cash flow has been severely
affected by the current downturn, with Fitch expecting the EBITDA
margin to remain well below pre-pandemic levels in 2022 before
normalising in 2023. This weakness is counterbalanced by Accor's
strong financial flexibility and liquidity in the interim. In
comparison, H-REIT's EBITDA continues to remain healthy, supported
by some minimum rental income earned from its master-leased hotels,
though below pre-pandemic levels. This, combined with H-REIT's
largely unencumbered asset portfolio, supports the trust's higher
leverage than that of Accor.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer:

- Revenue of SGD223 million in 2022 before improving to SGD234
million in 2023 (2021: SGD158 million);

- EBITDA margin of around 48% over 2022-2023 due to lower mix of
master leases and a gradual recovery in lodging-sector fundamentals
(2019: 66%, 2020: 46%, 2021: 47%);

- Capex of around SGD15 million per year in 2022-2023 (2021: SGD22
million);

- Payment for The Castings investment to be made over 2021-2024
with the bulk of the payments in 2022-2023;

- Average effective interest cost of 2.5% in 2022, 2.8% in 2023 and
2.7% in 2024.

RATING SENSITIVITIES

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

- Fitch does not expect positive rating action in the next two
years as the trust's business profile and leverage will remain
below pre-pandemic levels, by our estimates;

- Over the longer term, a return of HREIT's operating scale,
measured by EBITDA, and credit metrics to pre-pandemic levels could
result in an upgrade.

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

- EBITDA/interest paid sustained below 2.0x;

- Net debt/EBITDA remaining above 10.0x due to a slower recovery
and/or debt-funded acquisitions, and net debt/investment property
value sustained above 50%.

LIQUIDITY AND DEBT STRUCTURE

Manageable Liquidity: H-REIT had SGD88 million in cash on hand and
SGD170 million in undrawn committed revolving credit facilities at
end-September 2022. It is in the process of refinancing SGD193
million in debt maturing towards the end of the year and should
have sufficient liquidity on hand to repay SGD233 million due 2023,
although Fitch also expects H-REIT to refinance these upon
maturity.

H-REIT has demonstrated healthy access to credit and capital
markets even during the height of the pandemic-led disruption to
the lodging sector. Fitch expects the trust to draw down on its
SGD84 million committed undrawn term loan to fund the construction
of its UK residential build-to-rent project across 2021-2024.

ISSUER PROFILE

H-REIT's stapled group, CDLHT, has a portfolio comprising 19
operational properties, including a total of 4,821 rooms and a
retail mall, collectively valued at SGD2.9 billion in September
2022. Its build-to-rent project in the pipeline, The Castings, will
have 352 apartment units.

ESG CONSIDERATIONS

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

   Entity/Debt                  Rating           Prior
   -----------                  ------           -----
CDL Hospitality Real
Estate Investment Trust   LT IDR BB+  Affirmed    BB+


CHIAM JOO: Court Enters Wind-Up Order
-------------------------------------
The High Court of Singapore entered an order on Nov. 4, 2022, to
wind up the operations of Chiam Joo Seng Towgay Growers & Suppliers
Pte. Ltd.

Maybank Singapore Limited filed the petition against the company.

The company's liquidators are:

          BDO Advisory Pte Ltd
          600 North Bridge Road
          #23-01 Parkview Square
          Singapore 188778


DREAMLAND PRODUCTION: Court to Hear Wind-Up Petition
----------------------------------------------------
A petition to wind up the operations of Dreamland Production Pte
Ltd will be heard before the High Court of Singapore on Nov. 25,
2022, at 10:00 a.m.

GC Lease Singapore Pte Ltd filed the petition against the company
on Oct. 31, 2022.

The Petitioner's solicitors are:

          I.N.C. Law LLC
          4 Battery Road
          #26-01, Bank of China Building
          Singapore 049908


FANTASY PACKAGING: Court to Hear Wind-Up Petition on Nov. 25
------------------------------------------------------------
A petition to wind up the operations of Fantasy Packaging Pte Ltd
will be heard before the High Court of Singapore on Nov. 25, 2022,
at 10:00 a.m.

DBS Bank Ltd filed the petition against the company on Nov. 3,
2022.

The Petitioner's solicitors are:

          Shook Lin & Bok LLP
          1 Robinson Road
          #18-00, AIA Tower
          Singapore 048542


LAMPE ASIA: Court to Hear Wind-Up Petition on Nov. 25
-----------------------------------------------------
A petition to wind up the operations of Lampe Asia (Singapore) Pte
Ltd will be heard before the High Court of Singapore on Nov. 25,
2022, at 10:00 a.m.

GC Lease Singapore Pte Ltd filed the petition against the company
on Oct. 31, 2022.

The Petitioner's solicitors are:

          I.N.C. Law LLC
          4 Battery Road
          #26-01, Bank of China Building
          Singapore 049908


TERRA LITE: Court to Hear Wind-Up Petition on Nov. 25
-----------------------------------------------------
A petition to wind up the operations of Terra Lite Pte Ltd will be
heard before the High Court of Singapore on Nov. 25, 2022, at 10:00
a.m.

Maybank Singapore Limited filed the petition against the company on
Nov. 2, 2022.

The Petitioner's solicitors are:

          Tito Isaac & Co LLP
          1 North Bridge Road
          #30-00 High Street Centre
          Singapore 179094




=====================
S O U T H   K O R E A
=====================

SSANGYONG MOTOR: Graduates From Court-Led Debt Revamp Program
-------------------------------------------------------------
Yonhap News Agency reports that SsangYong Motor Co. said Nov. 11 it
has graduated from the court-led debt rescheduling program nineteen
months after it was placed under court receivership amid the
COVID-19 pandemic.

SsangYong Motor applied for court receivership on April 15, 2021,
after its Indian parent Mahindra & Mahindra Ltd. failed to attract
an investor due to its worsening financial status amid the
pandemic, Yonhap recalls.

Yonhap relates that the Seoul Bankruptcy Court approved SsangYong's
debt payment plans in August after the court picked a local
consortium led by chemical-to-steel firm KG Group as the final
bidder to acquire the debt-laden company in June.

"The company has paid all the debts owed to financial institutions
worth KRW351.7 billion ($267 million) as scheduled under its
rehabilitation plan," a company spokesman said.

SsangYong has undergone two rounds of court receivership in the
past decade, the report notes.

The China-based SAIC Motor Corp. acquired a 51 percent stake in
SsangYong in 2004 but relinquished its control of the carmaker in
2009 in the wake of the global financial crisis. SsangYong was
placed under the court receivership in 2009.

In 2011, Mahindra acquired a 70 percent stake in SsangYong for
KRW523 billion and now holds a 74.65 percent stake in the
carmaker.

Trading of SsangYong shares has been suspended since Dec. 21, 2020,
Yonhap notes. KPMG Samjong declined to offer its opinion for its
2021 financial report due to snowballing losses. SsangYong has
posted net losses for six consecutive years through 2021.

From January to October, SsangYong's sales jumped 40 percent to
93,344 vehicles from 66,603 units a year ago, Yonhap discloses.

Its lineup consists of the Tivoli, Korando, Rexton and Rexton
Sports SUVs. It launched the all-new Torres SUV in the domestic
market in September and began to ship the model to Latin American
countries, such as Chile.

As of Sept. 28, KG Group owns a 61.88 percent stake in SsangYong,
with Mahindra holding a 10.15 percent stake and the remainder by
others.

                       About SsangYong Motor

Headquartered in Kyeonggi-Do, South Korea, Ssangyong Motor Co. Ltd.
engages in the manufacture and sale of automobiles. The Company
mainly manufactures and sells recreational vehicles (RVs), sports
utility vehicles (SUVs), multi-purpose vehicles (CDVs) and
passenger cars under the brand name of Rexton Sports, Korando,
Korando Sports, Korando Turismo, Tivoli, Tivoli Air and others. The
Company also provides automobile parts. The Company distributes its
products within domestic market and to overseas markets.

Mahindra & Mahindra Ltd. acquired a 70% stake in SsangYong for
KRW523 billion in 2011 and now holds a 74.65% stake in the
carmaker.

As previously reported in the Troubled Company Reporter-Asia
Pacific, SsangYong Motor filed for court receivership on Dec. 21,
2020, as it struggled with snowballing debts amid the COVID-19
pandemic, according to Yonhap News Agency. The decision came after
SsangYong Motor failed to pay KRW60 billion (US$54.8 million) worth
of debts to its three creditor banks.

On April 15, 2021, SsangYong Motor Co. was placed under court
receivership as its Indian parent Mahindra & Mahindra failed to
attract an investor amid the prolonged COVID-19 pandemic and its
financial status is further worsening.

In November 2021, Edison Motors and SsangYong signed a memorandum
of understanding for the purchase and the Seoul Bankruptcy Court
approved the Edison-led consortium to take over SsangYong in
January. Initially, Edison planned to attract financial investors
to raise funds, but the company has been struggling with securing
enough funds for the acquisition. Consequently, SsangYong Motor
canceled the deal to sell its controlling stake to Edison Motors
due to the electric bus maker's payment failure.




=================
S R I   L A N K A
=================

SRI LANKA: Budget to Seek Recovery for Crisis-Hit Economy
---------------------------------------------------------
Reuters reports that Sri Lanka unveils a budget on Nov. 14
attempting to put the South Asian government's finances in order,
with reforms to advance a $2.9 global billion bailout from the
island's worst financial crisis since independence in 1948.

According to Reuters, analysts said President Ranil
Wickremesinghe's first full-year budget to parliament will include
measures aimed at helping Sri Lanka restructure its debt, increase
revenues and trim spending as it works on the bailout with the
International Monetary Fund.

"This is a budget that is being presented at a time Sri Lanka is
facing an unprecedented crisis," Reuters quotes State Minister for
Finance Ranjith Siyambalapitiya as saying.

"More than 70% of families are asking the government for support
and the economy is estimated to shrink 8.3% this year," he said in
a statement. "This budget will present a political and economic way
forward for the country."

The World Bank estimates Sri Lanka's economy will contract by 9.2%
this year and 4.2% in 2023.

According to Reuters, the nation of 22 million people plunged into
crisis this year as a loss of tourism revenue from the COVID-19
pandemic compounded tax cuts and years of economic mismanagement,
leading to a severe dollar drought.

Unable to pay for critical imports, Sri Lanka struggled to buy
essentials such as fuel, and the public faced soaring inflation, a
rapidly depreciating currency and sharply shrinking growth.

The government has proposed increasing the personal and corporate
income tax rate to 30% from 24% and possibly changing tax brackets
to boost revenue, despite criticism from companies and opposition
parties, the report notes.

Spending cuts will likely to be tricky, given Sri Lanka's large
public workforce and high debt.




===============
T H A I L A N D
===============

THAI AIRWAYS: To Name New CEO as Early as January 2023
------------------------------------------------------
Reuters reports that Thai Airways International PCL expects to name
a new permanent CEO as early as January 2023 as it proceeds with a
pandemic-driven restructuring plan, the airline's acting chief
executive said on Nov. 11.

According to the report, the new chief executive will take over as
the airline undergoes a bankruptcy protected debt restructuring and
has shed around half of its workforce and aircraft fleet.

"There were nearly 50 applicants," acting CEO Suvadhana Sibunruang
told Reuters on the sidelines of an industry gathering in Bangkok,
saying a decision would be made early next year.

Reuters says the airline, which has had acting CEOs since 2020,
opened applications for the top job in September. Candidates were
required to be Thai nationals in line with government regulations.

Interviews are expected to begin soon, with candidates from the
public and private sectors both being assessed, Suvadhana said.

Thai Airways began bankruptcy protected restructuring of debt worth
THB400 billion ($11.1 billion) last year.

The new CEO will have to work with the restructuring committee and
oversee the airline's recovery, Reuters relays.

Thai state agencies could own about 30% to 40% of the airline after
the restructuring, down from current levels of 67%, Suvadhana said,
depending how much debt-to-equity conversions they exercise.

"(The government) will maintain a large shareholding, but not
enough to for the airline to become a state-owned enterprise
again," the report quotes Suvadhana as saying.

Under Thai law, companies that have government ownership of over
50% are subject to more rigid management and labour regulations
than private companies.

The airline on Nov. 11 reported a third-quarter loss of THB4.79
billion, down from a THB40 billion profit the prior year that
included a large one-off gain from the restructuring plan, Reuters
discloses.

Thai Airway's load factor - a measure of how well an airline is
filling available seats - was about 80% thanks to a recovery in
travel, said Suvadhana, a level that it should be able to maintain
next year, adds Reuters.

                        About Thai Airways

Thai Airways International PCL (BAK:THAI) --
http://www.thaiairways.co.th/-- is the national carrier of
Thailand.  The company provides air transportation, freight and
mail services on domestic and international routes including Asia,
Europe, North America, Africa and South West Pacific. The Company
is a state enterprise which is controlled by the government and
partly owned by the public.

As reported in Troubled Company Reporter-Asia Pacific in May 2020,
Thailand's cabinet approved a plan to restructure troubled Thai
Airways International Pcl's finances through a bankruptcy court,
the Southeast Asian country's prime minister said on May 19, 2020.

The plan for a court-led restructuring of the national carrier
replaces a previous proposal of a government-backed rescue package
that was heavily criticised in the country.

Thai Airways on May 27, 2020 said it appointed board members as
rehabilitation planners in a bankruptcy court submission.

On Sept. 14, 2020, Thailand's Central Bankruptcy Court approved
Thai Airways debt restructuring.

Thai Airways posted losses every year after 2012, except in 2016.
In 2019, it reported losses of THB12.04 billion.

The company's shareholders' equity turned negative at minus THB18.1
billion ($580 million) as of June. While its total liabilities
ballooned to THB332.1 billion, a 36.7% increase from the end of
2019, its cash and cash equivalents fell by 35.5% to THB13.9
billion, according to the Nikkei Asia.




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

[*] BOND PRICING: For the Week Nov. 7, 2022 to Nov. 11, 2022
------------------------------------------------------------
Issuer                   Coupon     Maturity    Currency    Price
------                   ------     --------    --------    -----

  AUSTRALIA
  ---------

ACN 113 874 712 PTY LTD     13.25     02/15/18       USD      0.21
ACN 113 874 712 PTY LTD     13.25     02/15/18       USD      0.21
AUSNET SERVICES HOLDINGS     3.16     08/07/40       AUD     64.36
AUSNET SERVICES HOLDINGS     2.57     08/07/35       AUD     69.62
AUSNET SERVICES HOLDINGS     2.57     08/07/35       AUD     69.97
AUSTRALIA & NEW ZEALAND B    2.92     12/22/40       AUD     61.72
AUSTRALIA & NEW ZEALAND B    3.00     12/17/40       AUD     63.03
AUSTRALIA & NEW ZEALAND B    3.40     12/20/39       AUD     68.28
AUSTRALIA & NEW ZEALAND B    1.23     02/18/50       EUR     70.98
AUSTRALIA GOVERNMENT BOND    1.75     06/21/51       AUD     63.14
CLIME CAPITAL LTD/FUND       5.25     11/30/25       AUD      0.99
COMMONWEALTH BANK OF AUST    1.90     03/12/50       AUD     56.24
COMMONWEALTH BANK OF AUST    3.12     08/27/41       AUD     61.45
COMMONWEALTH BANK OF AUST    3.30     09/24/41       AUD     63.67
COMMONWEALTH BANK OF AUST    3.20     08/27/40       AUD     64.24
COMMONWEALTH BANK OF AUST    2.45     10/18/49       AUD     65.01
COMMONWEALTH BANK OF AUST    3.00     12/10/40       AUD     66.33
COMMONWEALTH BANK OF AUST    2.60     09/27/49       AUD     67.00
COMMONWEALTH BANK OF AUST    2.66     11/26/49       AUD     68.03
COMMONWEALTH BANK OF AUST    2.70     09/18/49       AUD     68.50
COMMONWEALTH BANK OF AUST    2.71     10/29/49       AUD     68.71
COMMONWEALTH BANK OF AUST    3.30     08/26/50       AUD     69.99
COMMONWEALTH BANK OF AUST    0.48     07/29/41       EUR     71.03
COMMONWEALTH BANK OF AUST    3.30     05/28/35       AUD     71.83
COMMONWEALTH BANK OF AUST    0.48     07/30/43       EUR     71.87
COMMONWEALTH BANK OF AUST    3.00     03/20/35       AUD     71.96
COMMONWEALTH BANK OF AUST    3.66     09/23/34       AUD     72.60
ECP EMERGING GROWTH LTD      5.50     04/11/27       AUD      1.46
EDITH COWAN UNIVERSITY       3.40     07/15/41       AUD     69.33
EXCHANGE TRADED AUSTRALIA    1.75     06/21/51       AUD     64.19
FLAGSHIP INVESTMENTS LTD     5.50     10/01/26       AUD      2.60
GLENNON SMALL COS LTD        5.60     09/30/30       AUD     10.50
GLOBAL MASTERS FUND LTD/F    5.50     11/24/26       AUD      2.96
MACQUARIE GROUP LTD          2.22     06/26/39       SEK     59.52
MACQUARIE GROUP LTD          2.50     09/24/36       USD     73.36
MACQUARIE UNIVERSITY         3.10     11/22/44       AUD     70.13
MOSAIC BRANDS LTD            8.00     09/30/24       AUD      0.99
NATIONAL AUSTRALIA BANK L    3.35     07/24/40       AUD     64.72
NATIONAL AUSTRALIA BANK L    2.65     01/14/41       USD     68.61
NATIONAL AUSTRALIA BANK L    2.65     01/14/41       USD     68.61
NATIONAL AUSTRALIA BANK L    3.35     07/17/40       AUD     69.31
NATIONAL AUSTRALIA BANK L    3.40     06/30/40       AUD     69.40
NATIONAL AUSTRALIA BANK L    2.48     12/05/39       AUD     70.99
NATIONAL AUSTRALIA BANK L    3.71     11/25/41       AUD     71.56
NATIONAL AUSTRALIA BANK L    2.60     01/28/40       AUD     72.23
NEW SOUTH WALES TREASURY     2.45     08/24/50       AUD     65.59
NEW SOUTH WALES TREASURY     0.61     02/24/50       EUR     66.76
NEW SOUTH WALES TREASURY     2.25     05/20/42       AUD     69.12
NEW SOUTH WALES TREASURY     2.25     05/07/41       AUD     70.53
NEW SOUTH WALES TREASURY     2.25     11/20/40       AUD     70.79
QUEENSLAND TREASURY CORP     0.69     06/01/50       EUR     62.19
QUEENSLAND TREASURY CORP     2.25     10/28/50       AUD     62.50
QUEENSLAND TREASURY CORP     2.25     11/20/41       AUD     69.80
QUEENSLAND TREASURY CORP     2.25     04/16/40       AUD     71.65
RIO TINTO FINANCE USA LTD    2.75     11/02/51       USD     73.61
SOUTH AUSTRALIAN GOVERNME    2.25     05/24/40       AUD     68.94
TASMANIAN PUBLIC FINANCE     2.35     08/23/41       AUD     69.71
TASMANIAN PUBLIC FINANCE     1.75     01/22/36       AUD     72.48
TREASURY CORP OF VICTORIA    2.40     08/18/50       AUD     64.29
TREASURY CORP OF VICTORIA    0.60     02/24/50       EUR     67.05
TREASURY CORP OF VICTORIA    2.25     11/20/42       AUD     68.22
TREASURY CORP OF VICTORIA    2.25     11/20/41       AUD     69.16
TREASURY CORP OF VICTORIA    2.25     11/20/40       AUD     70.36
TREASURY CORP OF VICTORIA    2.00     11/20/37       AUD     71.52
VIRGIN AUSTRALIA HOLDINGS    8.25     05/30/23       AUD      3.92
VIRGIN AUSTRALIA HOLDINGS    8.08     03/05/24       AUD      4.01
VIRGIN AUSTRALIA HOLDINGS    8.00     11/26/24       AUD      4.08
VIRGIN AUSTRALIA HOLDINGS    7.88     10/15/21       USD      4.36
VIRGIN AUSTRALIA HOLDINGS    7.88     10/15/21       USD      4.36
VIRGIN AUSTRALIA HOLDINGS    8.13     11/15/24       USD      5.25
VIRGIN AUSTRALIA HOLDINGS    8.13     11/15/24       USD      5.25
WESTERN AUSTRALIAN TREASU    2.25     07/23/41       AUD     70.69
WESTPAC BANKING CORP         2.35     02/27/40       AUD     69.71
WESTPAC BANKING CORP         2.96     11/16/40       USD     72.67
WESTPAC BANKING CORP         3.13     11/18/41       USD     73.68


   CHINA
   -----

AKESU DISTRICT GREEN INDU    4.09     03/11/23       CNY     20.06
AKESU DISTRICT GREEN INDU    4.09     03/11/23       CNY     20.08
AKESU TEXTILE CITY DEVELO    7.50     06/21/24       CNY     40.02
AKESU TEXTILE CITY DEVELO    7.50     06/21/24       CNY     41.57
ALTAY PREFECTURE STATE-OW    4.85     01/22/23       CNY     20.05
ALTAY PREFECTURE STATE-OW    4.85     01/22/23       CNY     20.06
ALTAY PREFECTURE STATE-OW    6.98     04/24/29       CNY     50.00
ANHUI DANGTU ECO DEVELOPM    6.00     09/11/24       CNY     60.00
ANHUI DANGTU ECO DEVELOPM    6.00     09/11/24       CNY     61.77
ANHUI HUAAN FOREIGN ECONO    7.30     07/13/21       CNY     70.01
ANHUI HUAINING URBAN & RU    5.80     08/28/24       CNY     60.00
ANHUI HUAINING URBAN & RU    5.80     08/28/24       CNY     61.27
ANHUI JIANGNAN INDUSTRIAL    4.76     07/08/23       CNY     20.10
ANHUI JIANGNAN INDUSTRIAL    4.76     07/08/23       CNY     20.22
ANHUI LANGCHUAN HOLDING G    6.13     12/11/24       CNY     62.34
ANHUI LEXING CITY CONSTRU    6.05     11/01/24       CNY     60.90
ANHUI LEXING CITY CONSTRU    6.05     11/01/24       CNY     61.87
ANJI CONSTRUCTION INVESTM    7.20     05/02/25       CNY     63.20
ANJI CONSTRUCTION INVESTM    7.20     05/02/25       CNY     63.35
ANJI NORTHWEST DEVELOPMEN    5.90     07/18/23       CNY     20.26
ANJI NORTHWEST DEVELOPMEN    5.90     07/18/23       CNY     20.30
ANLU CONSTRUCTION DEVELOP    5.45     06/15/23       CNY     20.08
ANNING DEVELOPMENT INVEST    8.80     09/11/25       CNY     70.00
ANQING ECONOMIC&TECHNOLOG    4.09     03/09/23       CNY     20.19
ANQING ECONOMIC&TECHNOLOG    4.09     03/09/23       CNY     20.20
ANQING WANJIANG HIGH TECH    6.50     08/02/24       CNY     40.00
ANQING WANJIANG HIGH TECH    6.50     08/02/24       CNY     40.29
ANQIU HUAAN STATE OWNED A    7.00     09/14/24       CNY     58.76
ANQIU HUAAN STATE OWNED A    7.00     09/14/24       CNY     59.56
ANSHUN CITY CONSTRUCTION     7.30     09/15/24       CNY     57.86
ANSHUN STATE-RUN ASSETS M    4.48     07/18/23       CNY     19.11
ANSHUN STATE-RUN ASSETS M    4.48     07/18/23       CNY     20.06
ANSHUN TRANSPORTATION DEV    7.50     10/31/24       CNY     53.50
ANSHUN TRANSPORTATION DEV    7.50     10/31/24       CNY     60.42
ANSHUN XIXIU CITY INVESTM    4.70     11/22/23       CNY     36.97
ANSHUN XIXIU CITY INVESTM    4.70     11/22/23       CNY     40.11
ANYUE XINGAN CITY DEVELOP    7.50     01/30/25       CNY     62.34
ANYUE XINGAN CITY DEVELOP    7.50     01/30/25       CNY     62.59
ANYUE XINGAN CITY DEVELOP    7.50     05/06/26       CNY     73.00
AOYUAN CORP GROUP LTD        5.50     03/03/25       CNY     25.50
AOYUAN CORP GROUP LTD        6.60     09/03/23       CNY     38.00
AOYUAN CORP GROUP LTD        5.65     08/06/25       CNY     59.71
BAOJI INVESTMENT GROUP CO    5.05     04/18/24       CNY     40.91
BAOTOU AFFORDABLE HOUSING    5.25     07/27/24       CNY     40.91
BAOTOU AFFORDABLE HOUSING    5.31     08/10/24       CNY     40.97
BAOTOU AFFORDABLE HOUSING    5.31     08/10/24       CNY     41.35
BAOTOU QINSHAN HOUSING DE    7.90     12/26/23       CNY     45.84
BAOYING CITY CONSTRUCTION    4.50     03/24/23       CNY     20.19
BAOYING CITY CONSTRUCTION    4.50     03/24/23       CNY     20.22
BAOYING COUNTY DEVELOPMEN    5.45     08/21/24       CNY     41.18
BAOYING COUNTY DEVELOPMEN    5.49     10/17/24       CNY     61.40
BAZHONG STATE-OWNED CAPIT    5.13     12/02/22       CNY     19.70
BAZHONG STATE-OWNED CAPIT    5.13     12/02/22       CNY     19.83
BAZHOU GUOHUI CONSTRUCTIO    6.08     06/19/24       CNY     41.36
BAZHOU GUOHUI CONSTRUCTIO    6.08     06/19/24       CNY     41.44
BEIPIAO CITY CONSTRUCTION    6.70     03/25/23       CNY     20.38
BEIPIAO CITY CONSTRUCTION    6.70     03/25/23       CNY     20.39
BENGBU ECONOMIC DEVELOPME    6.45     07/13/24       CNY     40.00
BENGBU ECONOMIC DEVELOPME    6.45     07/13/24       CNY     40.73
BENGBU URBAN INVESTMENT H    5.80     04/13/24       CNY     41.35
BENGBU URBAN INVESTMENT H    5.80     04/13/24       CNY     41.36
BIJIE CITY ANFANG CONSTRU    7.80     01/18/26       CNY     60.00
BIJIE CITY ANFANG CONSTRU    7.80     01/18/26       CNY     70.96
BIJIE CONSTRUCTION INVEST    5.78     07/06/24       CNY     35.66
BIJIE CONSTRUCTION INVEST    5.78     07/06/24       CNY     36.54
BIJIE CONSTRUCTION INVEST    5.55     08/03/24       CNY     39.78
BIJIE DEXI CONSTRUCTION D    5.10     12/05/23       CNY     36.87
BIJIE DEXI CONSTRUCTION D    4.60     11/17/23       CNY     36.93
BIJIE DEXI CONSTRUCTION D    4.60     11/17/23       CNY     37.52
BIJIE DEXI CONSTRUCTION D    5.10     12/05/23       CNY     38.45
BIJIE QIXINGGUAN DISTRICT    8.05     08/16/25       CNY     50.00
BIJIE QIXINGGUAN DISTRICT    8.05     08/16/25       CNY     51.33
BIJIE QIXINGGUAN DISTRICT    7.60     09/08/24       CNY     61.90
BIJIE XINTAI INVESTMENT C    7.80     11/01/24       CNY     54.00
BIJIE XINTAI INVESTMENT C    7.80     11/01/24       CNY     54.08
BINZHOU ZHANHUA DISTRICT     4.93     11/29/23       CNY     40.22
BINZHOU ZHANHUA DISTRICT     4.93     11/29/23       CNY     40.36
BORALA MONGOL AUTONOMOUS     5.77     08/26/22       CNY     20.01
BORALA MONGOL AUTONOMOUS     5.77     08/26/22       CNY     20.05
BOZHOU URBAN CONSTRUCTION    4.78     04/14/23       CNY     20.22
BOZHOU URBAN CONSTRUCTION    4.78     04/14/23       CNY     20.23
BRILLIANCE AUTO GROUP HOL    5.80     03/20/24       CNY     54.80
BRILLIANCE AUTO GROUP HOL    5.40     09/14/23       CNY     55.80
BRILLIANCE AUTO GROUP HOL    6.30     09/14/23       CNY     56.93
BRILLIANCE AUTO GROUP HOL    5.80     11/05/23       CNY     59.80
BRILLIANCE AUTO GROUP HOL    5.80     06/17/24       CNY     60.78
CANGNAN COUNTY STATE OWNE    5.58     11/11/22       CNY     20.15
CANGNAN COUNTY STATE OWNE    5.58     11/11/22       CNY     20.28
CEFC SHANGHAI INTERNATION    4.08     09/09/21       CNY     60.00
CEFC SHANGHAI INTERNATION    4.98     12/10/20       CNY     61.29
CHANG DE DING LI INDUSTRY    4.30     03/10/23       CNY     20.15
CHANG DE DING LI INDUSTRY    4.30     03/10/23       CNY     20.19
CHANG DE DING LI INDUSTRY    6.10     07/20/24       CNY     40.23
CHANG DE DING LI INDUSTRY    6.10     07/20/24       CNY     40.46
CHANGDE DE YUAN SHANTY TO    5.33     09/13/23       CNY     40.05
CHANGDE URBAN CONSTRUCTIO    3.59     01/12/23       CNY     20.06
CHANGDE URBAN CONSTRUCTIO    3.59     01/12/23       CNY     20.13
CHANGGE JINCAI PUBLIC ASS    7.10     04/19/24       CNY     40.00
CHANGGE JINCAI PUBLIC ASS    7.10     04/19/24       CNY     41.00
CHANGJI URBAN CONSTRUCTIO    4.24     11/18/23       CNY     39.62
CHANGJI URBAN CONSTRUCTIO    4.24     11/18/23       CNY     40.15
CHANGLE COUNTY NEWTOWN DE    5.18     12/16/22       CNY     20.11
CHANGLE COUNTY NEWTOWN DE    5.18     12/16/22       CNY     20.41
CHANGSHA CHENGBEI INVESTM    6.95     06/06/25       CNY     64.23
CHANGSHA CHENGBEI INVESTM    6.95     06/06/25       CNY     64.90
CHANGSHA ECONOMIC & TECHN    4.78     03/03/24       CNY     40.71
CHANGSHA ECONOMIC & TECHN    4.78     03/03/24       CNY     41.26
CHANGSHA FURONG CITY DEVE    3.88     01/26/23       CNY     20.14
CHANGSHA FURONG CITY DEVE    3.88     01/26/23       CNY     24.60
CHANGSHA JINZHOU NEW CITY    6.60     08/24/24       CNY     60.00
CHANGSHA JINZHOU NEW CITY    6.60     08/24/24       CNY     60.20
CHANGSHA METRO GROUP CO L    6.20     04/23/23       CNY     15.32
CHANGSHA METRO GROUP CO L    5.40     07/14/25       CNY     45.00
CHANGSHA METRO GROUP CO L    5.40     07/14/25       CNY     46.91
CHANGSHA METRO GROUP CO L    5.97     04/03/25       CNY     47.01
CHANGSHA METRO GROUP CO L    4.10     12/21/25       CNY     61.22
CHANGSHA METRO GROUP CO L    4.10     12/21/25       CNY     61.47
CHANGSHA TIANXIN CITY CON    3.43     08/08/23       CNY     19.13
CHANGSHA TIANXIN CITY CON    4.20     11/06/22       CNY     20.00
CHANGSHA TIANXIN CITY CON    4.20     11/06/22       CNY     20.06
CHANGSHA TIANXIN CITY CON    3.43     08/08/23       CNY     20.10
CHANGSHA WANGYUAN DEVELOP    5.73     07/12/27       CNY     73.11
CHANGSHA WANGYUAN DEVELOP    5.73     07/12/27       CNY     74.71
CHANGSHA YUHUA JINGKAI DE    4.17     09/06/23       CNY     40.18
CHANGSHA YUHUA JINGKAI DE    4.17     09/06/23       CNY     40.60
CHANGSHA YUHUA URBAN CONS    3.80     01/28/23       CNY     20.09
CHANGSHA YUHUA URBAN CONS    3.80     01/28/23       CNY     20.15
CHANGXING SOUTHERN TAIHU     6.50     11/30/25       CNY     75.00
CHANGZHOU JINTAN COMMUNIC    7.10     12/21/24       CNY     60.00
CHANGZHOU JINTAN COMMUNIC    6.50     11/07/24       CNY     60.00
CHANGZHOU JINTAN COMMUNIC    6.50     11/07/24       CNY     61.26
CHANGZHOU JINTAN COMMUNIC    7.10     12/21/24       CNY     62.05
CHANGZHOU XINGANG ECONOMI    3.42     10/20/23       CNY     39.98
CHANGZHOU XINGANG ECONOMI    3.42     10/20/23       CNY     40.16
CHANGZHOU ZHONGLOU ECONOM    3.64     10/26/23       CNY     40.17
CHANGZHOU ZHONGLOU ECONOM    3.64     10/26/23       CNY     40.29
CHAOHU URBAN TOWN CONSTRU    5.67     05/03/25       CNY     62.93
CHENGDU DONGFANG GUANGYI     5.80     09/15/22       CNY     40.08
CHENGDU GARDEN WATER CITY    6.15     05/03/23       CNY     19.92
CHENGDU GARDEN WATER CITY    6.15     05/03/23       CNY     19.98
CHENGDU GARDEN WATER CITY    8.00     06/13/25       CNY     58.98
CHENGDU GARDEN WATER CITY    7.50     09/11/24       CNY     59.21
CHENGDU GARDEN WATER CITY    8.00     06/13/25       CNY     60.00
CHENGDU GARDEN WATER CITY    7.50     09/11/24       CNY     61.92
CHENGDU LIN JIANG GARDEN     6.75     08/02/24       CNY     41.28
CHENGDU XINGJIN ECOLOGICA    3.65     10/13/23       CNY     40.04
CHENGDU XINGJIN ECOLOGICA    3.65     10/13/23       CNY     40.32
CHENGDU XINGSHU INVESTMEN    6.78     08/21/24       CNY     40.00
CHENGDU XINGSHU INVESTMEN    6.78     08/21/24       CNY     41.79
CHENGDU XINJIN COUNTY STA    6.28     08/03/24       CNY     40.00
CHENGDU XINJIN COUNTY STA    6.40     07/05/24       CNY     40.79
CHENGDU XINJIN COUNTY STA    6.28     08/03/24       CNY     40.81
CHENGDU XINJIN COUNTY STA    6.40     07/05/24       CNY     41.02
CHENGDU XINKAIYUAN URBAN     5.29     04/27/23       CNY     20.01
CHENGDU XINKAIYUAN URBAN     5.29     04/27/23       CNY     20.24
CHENZHOU BAIFU INVESTMENT    4.96     03/22/26       CNY     53.30
CHENZHOU BAIFU INVESTMENT    4.96     03/22/26       CNY     54.89
CHENZHOU FUCHENG HIGH TEC    4.73     01/22/23       CNY     20.05
CHENZHOU FUCHENG HIGH TEC    4.73     01/22/23       CNY     20.13
CHENZHOU WENLV INDUSTRY C    5.34     11/28/23       CNY     40.00
CHENZHOU XINTIAN INVESTME    6.00     07/26/24       CNY     37.95
CHENZHOU XINTIAN INVESTME    6.00     07/26/24       CNY     40.00
CHENZHOU XINTIAN INVESTME    5.38     03/08/26       CNY     52.57
CHENZHOU XINTIAN INVESTME    5.38     03/08/26       CNY     53.49
CHIBI LANTIAN URBAN CONST    4.38     08/10/23       CNY     20.08
CHIBI LANTIAN URBAN CONST    4.38     08/10/23       CNY     20.30
CHINA COMMUNICATION TECHN    7.00     07/19/20       CNY      5.00
CHINA FORTUNE LAND DEVELO    5.80     05/23/22       CNY     25.13
CHINA FORTUNE LAND DEVELO    5.60     09/10/21       CNY     25.13
CHINA FORTUNE LAND DEVELO    7.20     04/18/21       CNY     25.13
CHINA FORTUNE LAND DEVELO    7.40     03/24/21       CNY     25.13
CHINA FORTUNE LAND DEVELO    5.00     05/30/22       CNY     68.15
CHINA GOVERNMENT INTERNAT    2.25     10/21/50       USD     72.36
CHINA GOVERNMENT INTERNAT    2.25     10/21/50       USD     72.55
CHINA GOVERNMENT INTERNAT    1.00     11/12/39       EUR     74.17
CHINA GRAND AUTOMOTIVE SE    9.13     01/30/24       USD     60.33
CHINA SECURITY CO LTD        4.45     11/11/19       CNY     31.00
CHONGQIN BAIYAN INVESTMEN    5.75     05/03/23       CNY     20.20
CHONGQIN BAIYAN INVESTMEN    5.75     05/03/23       CNY     20.25
CHONGQIN XINLIANG INVESTM    4.76     08/26/23       CNY     20.01
CHONGQIN XINLIANG INVESTM    4.76     08/26/23       CNY     20.02
CHONGQING BAYUAN CONSTRUC    4.99     08/16/23       CNY     20.03
CHONGQING BISHAN DISTRICT    4.93     03/29/23       CNY     20.16
CHONGQING BISHAN DISTRICT    4.93     03/29/23       CNY     20.30
CHONGQING DAZU YONGSHENG     6.48     07/24/24       CNY     40.45
CHONGQING DAZU YONGSHENG     6.48     07/24/24       CNY     41.19
CHONGQING ECO&TECH DEVELO    3.95     04/13/23       CNY     20.13
CHONGQING HECHUAN CITY CO    3.95     09/06/23       CNY     40.05
CHONGQING HECHUAN CITY CO    3.95     09/06/23       CNY     40.16
CHONGQING HONGYE INDUSTRY    6.30     08/02/24       CNY     40.93
CHONGQING HONGYE INDUSTRY    6.30     08/02/24       CNY     41.46
CHONGQING HONGYE INDUSTRY    6.45     11/27/24       CNY     62.04
CHONGQING JIANGJIN DISTRI    6.40     09/13/24       CNY     60.00
CHONGQING JIANGJIN DISTRI    6.40     09/13/24       CNY     60.90
CHONGQING JIN TONG INDUST    6.50     08/01/24       CNY     30.00
CHONGQING JIN TONG INDUST    6.50     08/01/24       CNY     38.52
CHONGQING JIN TONG INDUST    4.44     11/16/23       CNY     39.63
CHONGQING JIN TONG INDUST    4.44     11/16/23       CNY     40.03
CHONGQING JINYUN ASSET MA    4.50     12/31/22       CNY     20.09
CHONGQING JINYUN ASSET MA    4.50     12/31/22       CNY     20.12
CHONGQING KAIQIAN INVESTM    4.64     03/21/23       CNY     19.92
CHONGQING KAIQIAN INVESTM    4.64     03/21/23       CNY     20.05
CHONGQING LAND PROPERTIES    3.36     03/21/23       CNY     20.05
CHONGQING LAND PROPERTIES    3.36     03/21/23       CNY     20.05
CHONGQING LIANGJIANG NEW     4.28     02/28/24       CNY     71.37
CHONGQING LIANGSHAN CONST    6.30     10/16/24       CNY     61.82
CHONGQING LIANGSHAN CONST    6.30     10/16/24       CNY     61.90
CHONGQING MAIRUI URBAN CO    4.95     04/21/23       CNY     20.19
CHONGQING MAIRUI URBAN CO    4.95     04/21/23       CNY     20.20
CHONGQING NANCHUAN CITY C    4.20     07/11/23       CNY     19.99
CHONGQING NANCHUAN CITY C    4.20     07/11/23       CNY     20.13
CHONGQING QIJIANG EAST NE    4.00     09/05/23       CNY     39.66
CHONGQING QIJIANG EAST NE    4.00     09/05/23       CNY     39.90
CHONGQING SHUANGFU CONSTR    6.37     10/13/24       CNY     60.00
CHONGQING SHUANGFU CONSTR    6.37     10/13/24       CNY     61.59
CHONGQING TONGLIANG JINLO    6.80     02/11/25       CNY     60.00
CHONGQING TONGLIANG JINLO    6.80     02/11/25       CNY     62.06
CHONGQING TONGNAN DISTRIC    4.99     12/31/22       CNY     19.66
CHONGQING TONGNAN DISTRIC    4.99     12/31/22       CNY     19.93
CHONGQING WANSHENG ECO &     7.09     05/03/25       CNY     61.12
CHONGQING WANSHENG ECO &     7.09     05/03/25       CNY     61.34
CHONGQING WANSHENG ECO &     7.50     03/27/25       CNY     62.00
CHONGQING WANSHENG ECO &     7.50     03/27/25       CNY     62.99
CHONGQING WANSHENG ECO DE    6.60     02/17/27       CNY     73.38
CHONGQING WANSHENG ECO TE    8.50     11/25/25       CNY     55.31
CHONGQING WANZHOU SANXIA     4.95     08/25/22       CNY     20.00
CHONGQING WANZHOU SANXIA     4.95     08/25/22       CNY     20.80
CHONGQING WULONG DISTRICT    6.80     09/21/24       CNY     58.00
CHONGQING WULONG DISTRICT    6.80     12/28/24       CNY     60.00
CHONGQING WULONG DISTRICT    6.80     09/21/24       CNY     60.62
CHONGQING WULONG DISTRICT    6.80     12/28/24       CNY     62.00
CHONGQING XINGRONG HOLDIN    4.86     03/31/23       CNY     18.50
CHONGQING XINGRONG HOLDIN    4.86     03/31/23       CNY     20.09
CHONGQING YINGDI INDUSTRI    7.00     11/07/24       CNY     60.00
CHONGQING YINGDI INDUSTRI    7.00     11/07/24       CNY     60.11
CHONGQING YUZHONG STATE-O    6.90     02/08/25       CNY     61.00
CHONGQING YUZHONG STATE-O    6.90     02/08/25       CNY     63.20
CHONGREN URBAN CONSTRUCTI    7.00     03/08/25       CNY     62.97
CHUN'AN XINANJIANG DEVELO    3.84     11/04/23       CNY     40.06
CHUN'AN XINANJIANG DEVELO    3.84     11/04/23       CNY     40.06
CHUYING AGRO-PASTORA GROU    8.80     06/26/19       CNY      3.00
CHUZHOU CITY NANQIAO DIST    5.95     10/23/24       CNY     60.00
CHUZHOU CITY NANQIAO DIST    5.95     10/23/24       CNY     62.16
CIFI GROUP CO LTD            4.20     07/22/26       CNY     50.00
CIFI GROUP CO LTD            3.90     09/14/25       CNY     58.01
CIFI GROUP CO LTD            3.80     05/29/25       CNY     68.00
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 STATE OWNED ASSET IN    4.90     04/07/24       CNY     40.82
CIXI STATE OWNED ASSET IN    4.90     04/07/24       CNY     40.94
COUNTRY GARDEN REAL ESTAT    4.80     03/12/26       CNY     40.00
COUNTRY GARDEN REAL ESTAT    4.33     09/14/25       CNY     43.20
COUNTRY GARDEN REAL ESTAT    4.15     11/03/25       CNY     45.00
COUNTRY GARDEN REAL ESTAT    4.38     09/24/25       CNY     45.50
COUNTRY GARDEN REAL ESTAT    4.98     11/20/23       CNY     49.00
COUNTRY GARDEN REAL ESTAT    4.19     07/07/25       CNY     50.00
COUNTRY GARDEN REAL ESTAT    4.50     08/01/23       CNY     50.50
COUNTRY GARDEN REAL ESTAT    4.20     04/01/25       CNY     61.00
DAFANG COUNTY CONSTRUCTIO    6.00     09/26/23       CNY     39.17
DAFANG COUNTY CONSTRUCTIO    6.00     09/26/23       CNY     40.52
DALI HAIDONG DEVELOPMENT     6.01     01/25/23       CNY     19.65
DALI HAIDONG DEVELOPMENT     6.01     01/25/23       CNY     20.20
DALIAN SHITAI CITY CONSTR    4.50     02/01/23       CNY     19.75
DALIAN SHITAI CITY CONSTR    4.50     02/01/23       CNY     20.01
DANGYANG XINYUAN INVESTME    4.97     03/29/23       CNY     20.04
DANGYANG XINYUAN INVESTME    4.97     03/29/23       CNY     20.16
DANYANG INVESTMENT GROUP     3.99     01/25/23       CNY     20.11
DANYANG INVESTMENT GROUP     5.49     07/18/24       CNY     41.45
DASHIQIAO URBAN CONSTRUCT    7.59     08/14/24       CNY     41.84
DASHIQIAO URBAN CONSTRUCT    7.59     08/14/24       CNY     41.85
DASHIQIAO URBAN CONSTRUCT    7.82     12/01/24       CNY     62.63
DATONG ECONOMIC CONSTRUCT    4.49     10/22/22       CNY     20.09
DAWA COUNTY LINGANG ECO N    5.99     10/19/24       CNY     61.13
DAYE ZHENHENG CITY DEVELO    4.50     03/28/23       CNY     19.57
DAYE ZHENHENG CITY DEVELO    4.50     03/28/23       CNY     20.02
DAYE ZHENHENG CITY DEVELO    4.05     08/31/23       CNY     39.16
DAYE ZHENHENG CITY DEVELO    4.05     08/31/23       CNY     39.16
DAZHOU DEVELOPMENT HOLDIN    5.10     11/27/22       CNY     20.00
DAZHOU DEVELOPMENT HOLDIN    5.10     11/27/22       CNY     20.10
DAZHOU INVESTMENT CO LTD     3.99     11/04/26       CNY     70.85
DAZHOU INVESTMENT CO LTD     3.99     11/04/26       CNY     70.89
DEQING CONSTRUCTION INVES    3.60     11/11/23       CNY     40.00
DEQING CONSTRUCTION INVES    3.60     11/11/23       CNY     40.04
DEXING INVESTMENT HOLDING    5.99     03/21/23       CNY     20.19
DEXING INVESTMENT HOLDING    5.99     03/21/23       CNY     25.90
DINGYUAN URBAN RURAL DEVE    7.00     06/27/25       CNY     60.00
DINGYUAN URBAN RURAL DEVE    5.80     12/06/24       CNY     60.00
DINGYUAN URBAN RURAL DEVE    5.80     12/06/24       CNY     62.05
DINGYUAN URBAN RURAL DEVE    7.00     06/27/25       CNY     64.14
DONGTAI STATE-OWNED ASSET    3.04     11/16/23       CNY     39.92
DONGYING CAIJIN INVESTMEN    7.00     05/05/26       CNY     68.68
DONGZHI COUNTY CITY OPERA    4.88     06/20/23       CNY     20.23
DONGZHI COUNTY CITY OPERA    4.88     06/20/23       CNY     20.27
DUJIANGYAN NEW CITY CONST    7.80     05/02/25       CNY     60.00
DUJIANGYAN NEW CITY CONST    6.90     10/19/24       CNY     62.17
DUJIANGYAN NEW CITY CONST    7.80     05/02/25       CNY     63.93
DUNYUN STATE-OWNED ASSETS    6.60     12/28/22       CNY     19.65
ENSHI URBAN CONSTRUCTION     3.84     11/01/23       CNY     40.05
ENSHI URBAN CONSTRUCTION     3.84     11/01/23       CNY     40.09
EVERGRANDE REAL ESTATE GR    6.98     01/08/23       CNY      8.38
EVERGRANDE REAL ESTATE GR    6.98     01/08/23       CNY     27.00
EVERGRANDE REAL ESTATE GR    7.00     04/27/26       CNY     27.68
EVERGRANDE REAL ESTATE GR    6.27     05/06/23       CNY     30.00
EVERGRANDE REAL ESTATE GR    5.90     05/26/23       CNY     35.00
EVERGRANDE REAL ESTATE GR    6.80     05/06/24       CNY     35.69
EVERGRANDE REAL ESTATE GR    5.80     10/19/25       CNY     70.00
FANTASIA GROUP CHINA CO L    7.80     11/29/24       CNY     44.83
FANTASIA GROUP CHINA CO L    7.50     12/17/23       CNY     74.00
FEICHENG CITY ASSETS MANA    4.04     03/23/23       CNY     19.97
FEICHENG CITY ASSETS MANA    4.04     03/23/23       CNY     20.06
FEIXI COUNTY URBAN & RURA    4.45     06/03/23       CNY     20.28
FEIXI COUNTY URBAN & RURA    4.45     06/03/23       CNY     27.50
FENG COUNTY ECONOMIC DEVE    5.18     06/21/23       CNY     19.98
FENG COUNTY ECONOMIC DEVE    5.18     06/21/23       CNY     20.16
FENGCHENG CITY MODERN IND    5.76     12/17/22       CNY     19.88
FENGCHENG CITY MODERN IND    5.76     12/17/22       CNY     20.00
FENGDU COUNTY STATE-OWNED    6.38     09/05/24       CNY     60.00
FENGDU COUNTY STATE-OWNED    6.38     09/05/24       CNY     60.84
FENGHUANG MINGCHENG CONST    6.50     03/23/24       CNY     40.91
FENGTAI HUAXING CITY DEVE    5.60     03/13/24       CNY     41.06
FENGTAI HUAXING CITY DEVE    5.60     03/13/24       CNY     41.15
FENGYANG COUNTY ECONOMY D    6.00     11/16/24       CNY     62.00
FENGYANG COUNTY ECONOMY D    6.00     11/16/24       CNY     62.46
FENYI CITY CONSTRUCTION I    4.54     08/22/23       CNY     20.20
FENYI CITY CONSTRUCTION I    4.54     08/22/23       CNY     40.02
FUJIAN FUSHENG GROUP CO L    7.90     11/19/21       CNY     60.00
FUJIAN JINJIANG URBAN CON    3.35     08/24/23       CNY     40.13
FUNING URBAN INVESTMENT D    6.00     03/14/24       CNY     41.11
FUNING URBAN INVESTMENT D    6.00     03/14/24       CNY     41.26
FUQING CITY STATE-OWNED A    5.94     11/26/22       CNY     25.18
FUYANG ANJU INVESTMENT MA    5.48     05/02/23       CNY     61.15
FUZHOU CHANGLE DISTRICT S    4.50     04/11/23       CNY     20.10
FUZHOU CHANGLE DISTRICT S    4.50     04/11/23       CNY     20.30
FUZHOU DEVELOPMENT ZONE S    3.53     08/25/23       CNY     40.11
FUZHOU DEVELOPMENT ZONE S    3.53     08/25/23       CNY     40.11
FUZHOU DONGXIANG INVESTME    6.20     03/20/24       CNY     40.56
FUZHOU DONGXIANG INVESTME    6.20     03/20/24       CNY     41.31
FUZHOU LINCHUAN URBAN CON    5.68     07/05/23       CNY     20.25
FUZHOU LINCHUAN URBAN CON    5.68     07/05/23       CNY     20.31
FUZHOU LINCHUAN URBAN CON    6.50     12/25/24       CNY     61.58
FUZHOU MUNICIPAL STATE OW    5.70     10/30/24       CNY     60.00
FUZHOU MUNICIPAL STATE OW    5.70     10/30/24       CNY     60.95
GANSU PROVINCIAL HIGHWAY     6.58     09/24/22       CNY     40.15
GANSU PROVINCIAL HIGHWAY     6.20     03/28/23       CNY     40.87
GANZHOU DEVELOPMENT INVES    8.10     12/11/23       CNY     41.87
GAOMI CITY CONSTRUCTION I    5.95     09/18/24       CNY     59.95
GAOMI CITY CONSTRUCTION I    5.95     09/18/24       CNY     60.00
GAOMI STATE-OWNED ASSETS     4.69     01/26/23       CNY     19.87
GAOMI STATE-OWNED ASSETS     4.69     01/26/23       CNY     19.99
GAOQING LU QING ASSET MAN    7.50     09/27/24       CNY     62.82
GAOQING LU QING ASSET MAN    7.50     09/27/24       CNY     62.87
GAOYOU CITY CONSTRUCTION     5.48     09/15/22       CNY     20.00
GAOYOU CITY CONSTRUCTION     5.48     09/15/22       CNY     20.02
GAOYOU CITY ECONOMY DEVEL    3.65     09/02/23       CNY     40.14
GAOYOU CITY ECONOMY DEVEL    3.65     09/02/23       CNY     40.20
GAOYOU CITY ECONOMY DEVEL    5.26     07/13/24       CNY     41.55
GEMDALE CORP                 3.58     02/23/25       CNY     53.00
GEMDALE CORP                 3.55     04/03/25       CNY     58.40
GEMDALE CORP                 3.91     04/07/26       CNY     70.00
GEMDALE CORP                 3.93     03/01/26       CNY     70.00
GEMDALE CORP                 3.96     03/10/24       CNY     70.00
GEMDALE CORP                 3.93     11/12/23       CNY     71.49
GEMDALE CORP                 3.88     01/13/24       CNY     71.60
GEMDALE CORP                 5.00     07/18/23       CNY     75.50
GONG'AN COUNTY CITY CONST    4.30     08/30/23       CNY     40.11
GONG'AN COUNTY CITY CONST    4.30     08/30/23       CNY     40.14
GONGQINGCHENG FINANCIAL M    5.85     03/25/23       CNY     20.05
GONGQINGCHENG FINANCIAL M    5.85     03/25/23       CNY     20.28
GUANGAN ECONOMIC & TECHNO    5.16     04/14/23       CNY     20.05
GUANGAN ECONOMIC & TECHNO    5.16     04/14/23       CNY     20.12
GUANGAN TRANSPORTATION IN    5.39     12/01/23       CNY     39.38
GUANGAN XINHONG INVESTMEN    7.18     08/28/24       CNY     60.00
GUANGAN XINHONG INVESTMEN    7.18     08/28/24       CNY     61.31
GUANGDE CITY STATE-OWNED     5.37     07/18/24       CNY     40.94
GUANGDE CITY STATE-OWNED     5.37     07/18/24       CNY     41.75
GUANGDONG GIANT LEAP CONS    4.70     05/06/25       CNY     42.00
GUANGDONG GIANT LEAP CONS    4.27     01/08/25       CNY     78.00
GUANGDONG HUIZHOU COMMUNI    4.16     05/17/23       CNY     20.11
GUANGDONG HUIZHOU COMMUNI    4.16     05/17/23       CNY     20.28
GUANGDONG HUIZHOU COMMUNI    4.95     12/27/23       CNY     40.47
GUANGDONG HUIZHOU COMMUNI    4.95     12/27/23       CNY     40.93
GUANGRAO COUNTY ECONOMIC     3.61     09/08/23       CNY     40.15
GUANGSHUI CITY DEVELOPMEN    6.19     03/01/24       CNY     40.98
GUANGSHUI CITY DEVELOPMEN    6.19     03/01/24       CNY     40.98
GUANGXI BAISE BAI DONG IN    7.90     06/29/25       CNY     60.00
GUANGXI BAISE BAI DONG IN    7.90     06/29/25       CNY     61.33
GUANGXI LIUZHOU DONGCHENG    6.50     07/24/24       CNY     46.46
GUANGXI LIUZHOU INVESTMEN    4.28     03/08/23       CNY     19.44
GUANGXI TIANDONG COUNTY L    7.50     06/04/27       CNY     50.00
GUANGYUAN YUANQU CONSTRUC    4.48     03/10/23       CNY     19.84
GUANGYUAN YUANQU CONSTRUC    4.48     03/10/23       CNY     20.13
GUANGZHOU FINELAND REAL E   13.60     07/27/23       USD     45.00
GUANGZHOU HEJING HOLDING     6.00     10/12/25       CNY     60.00
GUANGZHOU HEJING HOLDING     5.60     08/25/23       CNY     64.58
GUANGZHOU HEJING HOLDING     6.19     11/12/25       CNY     75.00
GUANGZHOU HUANTOU NANSHA     6.38     11/18/24       CNY     45.75
GUANGZHOU HUANTOU NANSHA     6.38     11/18/24       CNY     45.76
GUANGZHOU METRO GROUP CO     6.45     04/02/24       CNY     30.00
GUANGZHOU METRO GROUP CO     6.05     06/03/24       CNY     31.10
GUANGZHOU METRO GROUP CO     6.45     04/02/24       CNY     31.18
GUANGZHOU PANYU AGILE REA    5.90     04/09/24       CNY     70.00
GUANGZHOU PANYU INFORMATI    4.50     09/08/26       CNY     71.65
GUANGZHOU PANYU INFORMATI    4.50     09/08/26       CNY     71.83
GUANGZHOU R&F PROPERTIES     7.00     01/03/23       CNY     23.00
GUANGZHOU R&F PROPERTIES     6.58     12/04/22       CNY     24.00
GUANGZHOU R&F PROPERTIES     6.48     05/09/24       CNY     35.00
GUANGZHOU R&F PROPERTIES     6.70     04/07/23       CNY     59.06
GUANGZHOU TIANJIAN REAL E    6.60     03/28/26       CNY     60.00
GUANGZHOU TIMES HOLDING G    5.94     07/17/25       CNY     22.00
GUANGZHOU TIMES HOLDING G    5.24     05/27/25       CNY     24.00
GUANGZHOU TIMES HOLDING G    5.10     03/30/25       CNY     24.00
GUANGZHOU TIMES HOLDING G    5.00     02/24/25       CNY     25.25
GUCHENG CONSTRUCTION INVE    7.88     04/27/25       CNY     51.76
GUCHENG CONSTRUCTION INVE    7.88     04/27/25       CNY     64.08
GUIXI STATE OWNED HOLDING    4.18     08/18/23       CNY     19.95
GUIXI STATE OWNED HOLDING    4.18     08/18/23       CNY     19.99
GUIYANG BAIYUN INDUSTRY D    8.30     03/21/25       CNY     60.00
GUIYANG BAIYUN INDUSTRY D    8.30     03/21/25       CNY     64.17
GUIYANG BAIYUN URBAN CONS    6.48     07/17/24       CNY     40.00
GUIYANG BAIYUN URBAN CONS    6.48     07/17/24       CNY     40.07
GUIYANG BAIYUN URBAN CONS    7.28     09/25/24       CNY     58.61
GUIYANG BAIYUN URBAN CONS    7.28     09/25/24       CNY     60.00
GUIYANG BAIYUN URBAN CONS    4.75     09/13/26       CNY     63.55
GUIYANG BAIYUN URBAN CONS    4.75     09/13/26       CNY     70.46
GUIYANG CITY CONSTRUCTION    4.37     03/25/26       CNY     58.33
GUIYANG CITY CONSTRUCTION    4.37     03/25/26       CNY     58.57
GUIYANG CITY CONSTRUCTION    4.00     11/14/26       CNY     67.33
GUIYANG CITY CONSTRUCTION    4.00     11/14/26       CNY     67.61
GUIYANG ECONOMIC DEVELOPM    6.35     09/21/24       CNY     57.42
GUIYANG ECONOMIC DEVELOPM    7.50     04/30/26       CNY     74.89
GUIYANG GUANSHANHU DISTRI    4.48     03/09/23       CNY     19.51
GUIYANG GUANSHANHU DISTRI    4.87     01/28/23       CNY     19.52
GUIYANG GUANSHANHU DISTRI    4.87     01/28/23       CNY     19.58
GUIYANG GUANSHANHU DISTRI    4.48     03/09/23       CNY     19.93
GUIYANG GUANSHANHU DISTRI    6.49     06/22/24       CNY     36.22
GUIYANG GUANSHANHU DISTRI    6.49     06/22/24       CNY     38.21
GUIYANG GUANSHANHU INVEST    7.50     12/25/22       CNY     40.43
GUIYANG GUANSHANHU INVEST    8.20     04/30/24       CNY     71.53
GUIYANG INVESTMENT HOLDIN    4.46     11/17/26       CNY     66.94
GUIYANG INVESTMENT HOLDIN    4.46     11/17/26       CNY     69.82
GUIYANG URBAN CONSTRUCTIO    5.23     12/02/22       CNY     18.80
GUIYANG URBAN CONSTRUCTIO    5.23     12/02/22       CNY     20.09
GUIYANG URBAN CONSTRUCTIO    5.98     07/21/24       CNY     40.00
GUIYANG URBAN CONSTRUCTIO    5.98     07/21/24       CNY     40.76
GUIYANG YUNYAN GUIZHONG R    6.80     11/17/24       CNY     60.00
GUIYANG YUNYAN GUIZHONG R    6.80     11/17/24       CNY     61.07
GUIZHOU EAST LAKE CITY CO    5.18     01/06/23       CNY     19.93
GUIZHOU GUIAN CONSTRUCTIO    4.17     10/28/22       CNY     20.05
GUIZHOU GUIAN CONSTRUCTIO    4.17     10/28/22       CNY     21.00
GUIZHOU HONGCAI INVESTMEN    6.00     06/07/23       CNY      9.51
GUIZHOU HONGCAI INVESTMEN    6.00     06/07/23       CNY     10.16
GUIZHOU HONGGUO ECONOMIC     7.80     11/24/24       CNY     50.00
GUIZHOU HONGGUO ECONOMIC     7.80     02/08/25       CNY     53.00
GUIZHOU HONGGUO ECONOMIC     7.80     02/08/25       CNY     58.76
GUIZHOU HONGGUO ECONOMIC     7.80     11/24/24       CNY     58.90
GUIZHOU KAILI KAIYUAN CIT    7.30     05/26/24       CNY     38.80
GUIZHOU KAILI KAIYUAN CIT    7.30     05/26/24       CNY     40.39
GUIZHOU KAILI KAIYUAN CIT    7.28     08/29/24       CNY     60.00
GUIZHOU KAILI KAIYUAN CIT    7.28     08/29/24       CNY     61.76
GUIZHOU LIUPANSHUI PANDEN    7.30     07/24/24       CNY     31.75
GUIZHOU LIUPANSHUI PANDEN    7.30     07/24/24       CNY     41.45
GUIZHOU RAILWAY INVESTMEN    7.50     04/23/24       CNY     31.44
GUIZHOU SHUICHENG CITY IN    4.98     11/22/23       CNY     40.19
GUIZHOU SHUICHENG CITY IN    4.98     11/22/23       CNY     40.20
GUIZHOU SHUICHENG ECONOMI    7.50     10/26/25       CNY     39.50
GUIZHOU XINDONGGUAN CIVIL    7.70     09/05/24       CNY     55.40
GUIZHOU XINDONGGUAN CIVIL    7.70     09/05/24       CNY     58.16
GULIN STATE-OWNED ASSETS     4.18     08/04/23       CNY     19.99
GULIN STATE-OWNED ASSETS     4.18     08/04/23       CNY     20.11
GULIN STATE-OWNED ASSETS     5.96     07/24/24       CNY     41.35
GULIN STATE-OWNED ASSETS     5.96     07/24/24       CNY     44.51
GUOSHENG FINANCIAL HOLDIN    6.30     12/21/22       CNY      6.70
HAIAN DEVELOPMENT ZONE CO    4.47     11/16/23       CNY     40.43
HAIAN DEVELOPMENT ZONE CO    4.47     11/16/23       CNY     40.49
HAIAN ECONOMIC TECHNOLOGY    5.45     04/13/23       CNY     20.24
HAIAN ECONOMIC TECHNOLOGY    5.45     04/13/23       CNY     20.32
HAIAN URBAN DEMOLITION &     5.08     11/27/22       CNY     20.15
HAIAN URBAN DEMOLITION &     5.08     11/27/22       CNY     20.58
HAIAN URBAN DEMOLITION &     7.74     05/02/25       CNY     64.35
HAICHENG URBAN JINCAI LAN    5.37     08/10/23       CNY     20.26
HAIKOU MEILAN INTERNATION    5.25     09/06/19       USD     15.97
HAINAN AIRLINES HOLDING C    6.20     05/24/21       CNY     51.00
HAINING ASSET MANAGEMENT     3.40     08/16/23       CNY     40.00
HAIYAN COUNTY STATE-OWNED    5.80     06/12/24       CNY     41.62
HAMI JIANHUI STATE-OWNED-    3.90     09/21/23       CNY     40.25
HANCHENG CITY INVESTMENT     4.69     12/05/23       CNY     38.12
HANCHENG CITY INVESTMENT     4.69     12/05/23       CNY     38.36
HANCHUAN CITY HANRONG INV    4.25     07/18/23       CNY     20.01
HANCHUAN CITY HANRONG INV    4.25     07/18/23       CNY     20.01
HANGZHOU CANAL COMPREHENS    3.40     10/17/23       CNY     40.07
HANGZHOU CANAL COMPREHENS    3.40     10/17/23       CNY     40.32
HANGZHOU CBO INVESTMENT G    5.64     03/19/25       CNY     62.79
HANGZHOU FUYANG DEVELOPME    4.76     01/27/23       CNY     20.14
HANGZHOU FUYANG DEVELOPME    4.76     01/27/23       CNY     20.22
HANGZHOU GONGSHU DISTRICT    3.80     03/14/23       CNY     20.00
HANGZHOU GONGSHU DISTRICT    3.80     03/14/23       CNY     20.20
HANGZHOU METRO GROUP CO L    5.97     09/17/24       CNY     46.62
HANGZHOU WEST LAKE INVEST    4.30     04/25/23       CNY     20.20
HANGZHOU WEST LAKE INVEST    4.30     04/25/23       CNY     20.29
HANGZHOU XIAOSHAN QIANJIA    4.00     03/22/23       CNY     20.08
HANGZHOU XIAOSHAN QIANJIA    4.00     03/22/23       CNY     20.22
HANJIANG STATE-OWNED-ASSE    5.40     04/21/24       CNY     41.20
HANJIANG STATE-OWNED-ASSE    5.40     04/21/24       CNY     41.30
HANSHAN CITY CONSTRUCTION    6.20     08/30/24       CNY     60.00
HANSHAN CITY CONSTRUCTION    6.20     08/30/24       CNY     61.58
HARBIN CITY CONSTRUCTION     6.04     03/19/25       CNY     60.00
HARBIN CITY CONSTRUCTION     6.04     03/19/25       CNY     62.19
HECHI CITY CONSTRUCTION I    5.58     11/13/22       CNY     19.29
HECHI CITY CONSTRUCTION I    5.58     11/13/22       CNY     20.06
HECHI STATE-OWNED CAPITAL    4.37     11/04/23       CNY     40.27
HECHI STATE-OWNED CAPITAL    4.37     11/04/23       CNY     40.27
HEFEI CONSTRUCTION INVEST    7.20     04/29/24       CNY     31.72
HEFEI XINCHENG STATE-OWNE    4.13     07/15/23       CNY     20.12
HEFEI XINCHENG STATE-OWNE    4.13     07/15/23       CNY     20.28
HEGANG URBAN CONSTRUCTION    6.90     12/18/24       CNY     62.53
HEGANG URBAN CONSTRUCTION    6.90     12/18/24       CNY     62.53
HEISHAN TONGHE ASSET MANA    6.79     09/18/22       CNY     19.28
HEISHAN TONGHE ASSET MANA    6.79     09/18/22       CNY     20.00
HENGDONG URBAN & RURAL CO    6.60     12/27/23       CNY     40.03
HENGDONG URBAN & RURAL CO    6.60     12/27/23       CNY     40.72
HENGYANG BINJIANG NEW DIS    5.47     07/27/24       CNY     41.22
HENGYANG BINJIANG NEW DIS    5.47     07/27/24       CNY     41.26
HENGYANG CITY AND URBAN C    7.50     09/22/24       CNY     62.00
HENGYANG CITY AND URBAN C    7.50     09/22/24       CNY     62.01
HENGYANG CITY AND URBAN C    7.80     12/14/24       CNY     62.61
HENGYANG CITY AND URBAN C    7.80     12/14/24       CNY     62.62
HENGYANG COMMUNICATION CO    4.28     01/21/23       CNY     20.00
HENGYANG COMMUNICATION CO    4.28     01/21/23       CNY     20.17
HESHAN PUBLIC ASSET MANAG    4.08     09/28/23       CNY     40.21
HESHAN PUBLIC ASSET MANAG    4.08     09/28/23       CNY     40.31
HESHAN PUBLIC ASSET MANAG    5.08     12/07/23       CNY     40.61
HESHAN PUBLIC ASSET MANAG    5.08     12/07/23       CNY     40.82
HETIAN YUXIN STATE-OWNED     4.65     03/28/23       CNY     20.11
HETIAN YUXIN STATE-OWNED     4.65     03/28/23       CNY     20.14
HNA GROUP CO LTD             5.99     11/27/22       CNY     29.10
HNA GROUP CO LTD             7.10     04/15/20       CNY     70.00
HONGAN URBAN DEVELOPMENT     7.50     12/04/24       CNY     60.00
HONGAN URBAN DEVELOPMENT     7.50     12/04/24       CNY     63.27
HONGHEZHOU DEVELOPMENT IN    5.90     07/12/24       CNY     40.76
HONGHU CITY HONGRUI INVES    6.30     10/13/24       CNY     61.24
HONGHU CITY HONGRUI INVES    6.30     10/13/24       CNY     61.80
HUACHEN ENERGY CO LTD        4.65     12/29/26       USD     48.71
HUAIAN CITY HUAIAN DISTRI    4.63     05/03/23       CNY     20.17
HUAIAN CITY HUAIAN DISTRI    4.63     05/03/23       CNY     20.23
HUAIAN CITY XUYI URBAN AS    5.10     04/15/23       CNY     19.75
HUAIAN CITY XUYI URBAN AS    5.10     04/15/23       CNY     20.02
HUAIAN HONGRI TRANSPORTAT    5.09     04/20/23       CNY     20.03
HUAIAN HONGRI TRANSPORTAT    5.09     04/20/23       CNY     20.20
HUAIAN HONGZE DISTRICT UR    4.37     07/18/23       CNY     19.65
HUAIAN HONGZE DISTRICT UR    4.37     07/18/23       CNY     19.65
HUAI'AN INVESTMENT HOLDIN    5.28     08/11/24       CNY     40.00
HUAI'AN INVESTMENT HOLDIN    5.28     08/11/24       CNY     41.49
HUAIAN JINHU TRAFFIC INVE    7.38     08/10/25       CNY     64.81
HUAIAN JINHU TRAFFIC INVE    7.38     08/10/25       CNY     72.00
HUAI'AN NEW CITY INVESTME    5.22     09/20/24       CNY     61.44
HUAIAN QINGPU CITY CONSTR    6.75     09/29/24       CNY     60.58
HUAIAN QINGPU CITY CONSTR    6.75     09/29/24       CNY     62.21
HUAIHUA CITY CONSTRUCTION    4.18     08/31/23       CNY     39.86
HUAIHUA CITY CONSTRUCTION    4.18     08/31/23       CNY     40.42
HUAIHUA ECONOMIC DEVELOPM    5.77     08/07/24       CNY     39.00
HUAIHUA ECONOMIC DEVELOPM    5.77     08/07/24       CNY     40.72
HUAIHUA TRANSPORTATION CO    4.96     04/12/23       CNY     19.98
HUAIHUA TRANSPORTATION CO    4.96     04/12/23       CNY     20.19
HUAINAN INDUSTRY DEVELOPM    5.69     10/25/24       CNY     61.30
HUAINAN INDUSTRY DEVELOPM    5.69     10/25/24       CNY     61.78
HUAINAN SHAN NAN DEVELOPM    6.53     08/24/24       CNY     60.06
HUAINAN SHAN NAN DEVELOPM    6.53     08/24/24       CNY     61.30
HUAINAN URBAN CONSTRUCTIO    7.50     03/20/25       CNY     60.00
HUAINAN URBAN CONSTRUCTIO    5.74     09/04/24       CNY     60.92
HUAINAN URBAN CONSTRUCTIO    5.74     09/04/24       CNY     61.65
HUAINAN URBAN CONSTRUCTIO    7.50     03/20/25       CNY     64.21
HUANGGANG CITY CONSTRUCTI    4.08     01/18/23       CNY     20.09
HUANGGANG CITY CONSTRUCTI    4.08     01/18/23       CNY     20.18
HUANGMEI COUNTY URBAN DEV    6.68     10/18/24       CNY     60.00
HUANGMEI COUNTY URBAN DEV    6.80     10/09/24       CNY     60.00
HUANGMEI COUNTY URBAN DEV    6.80     10/09/24       CNY     61.92
HUANGMEI COUNTY URBAN DEV    6.68     10/18/24       CNY     61.98
HUANGSHAN CHENGTOU GROUP     6.74     04/27/25       CNY     60.00
HUANGSHAN CHENGTOU GROUP     6.74     04/27/25       CNY     62.98
HUANGSHI CIHU HIGH-TECH D    4.97     06/08/23       CNY     19.99
HUANGSHI CIHU HIGH-TECH D    4.97     06/08/23       CNY     20.21
HUANGSHI CIHU HIGH-TECH D    4.50     06/08/23       CNY     20.26
HUANGSHI CIHU HIGH-TECH D    4.50     06/08/23       CNY     23.00
HUANGSHI ZHONGBANG CITY R    5.95     06/02/24       CNY     41.38
HUANGSHI ZHONGBANG CITY R    5.95     06/02/24       CNY     41.97
HUBEI PROVINCIAL COMMUNIC    5.29     06/05/25       CNY     83.05
HUBEI SONGZI JINSONG INVE    6.60     06/21/24       CNY     41.15
HUBEI SONGZI JINSONG INVE    6.60     06/21/24       CNY     41.46
HUBEI SONGZI JINSONG INVE    4.07     05/07/27       CNY     73.66
HUBEI SUPPLY AND MARKETIN    6.70     08/23/24       CNY     58.58
HUBEI SUPPLY AND MARKETIN    6.70     08/23/24       CNY     61.40
HUBEI YILING ECONOMIC DEV    6.45     09/05/24       CNY     60.00
HUBEI YILING ECONOMIC DEV    6.45     09/05/24       CNY     61.18
HULUDAO INVESTMENT GROUP     7.50     10/18/23       CNY     30.00
HULUDAO INVESTMENT GROUP     7.50     10/18/23       CNY     30.57
HUNAN CHUZHISHENG HOLDING    5.60     12/18/22       CNY     20.11
HUNAN CHUZHISHENG HOLDING    5.60     12/18/22       CNY     20.18
HUNAN DESHAN CONSTRUCTION    6.46     09/14/24       CNY     59.82
HUNAN DESHAN CONSTRUCTION    6.46     09/14/24       CNY     61.33
HUNAN JINYANG INVESTMENT     4.39     04/06/23       CNY     20.02
HUNAN JINYANG INVESTMENT     4.37     01/19/23       CNY     20.09
HUNAN JINYANG INVESTMENT     4.37     01/19/23       CNY     20.10
HUNAN JINYANG INVESTMENT     4.39     04/06/23       CNY     20.24
HUNAN JINYANG NEW CITY CO    4.43     10/23/22       CNY     20.06
HUNAN JINYANG NEW CITY CO    4.43     10/23/22       CNY     20.11
HUNAN LINGANG DEVELOPMENT    4.24     07/21/23       CNY     19.91
HUNAN LINGANG DEVELOPMENT    4.24     07/21/23       CNY     20.00
HUNAN LINGANG DEVELOPMENT    3.94     10/26/23       CNY     39.28
HUNAN LINGANG DEVELOPMENT    3.94     10/26/23       CNY     39.89
HUNAN LOUDI ECONOMIC & TE    4.89     03/30/23       CNY     19.85
HUNAN LOUDI ECONOMIC & TE    4.89     03/30/23       CNY     20.08
HUNAN PROVINCIAL RAILWAY     6.09     04/30/25       CNY     45.00
HUNAN PROVINCIAL RAILWAY     6.09     04/30/25       CNY     46.75
HUNAN SENTE INDUSTRIAL IN    6.90     11/28/24       CNY     30.00
HUNAN SENTE INDUSTRIAL IN    6.90     11/28/24       CNY     62.34
HUNAN SHAODONG ECO-INDUST    6.58     12/13/23       CNY     40.56
HUNAN SHAODONG ECO-INDUST    6.58     12/13/23       CNY     40.95
HUNAN TIER GROUP CO LTD      4.20     03/17/23       CNY     19.52
HUNAN TIER GROUP CO LTD      4.20     03/17/23       CNY     19.67
HUNAN YOUZHOU INVESTMENT     4.80     07/07/23       CNY     20.22
HUNAN YOUZHOU INVESTMENT     4.80     07/07/23       CNY     20.22
HUNAN ZHIGU INVESTMENT DE    5.80     07/28/24       CNY     40.00
HUNAN ZHIGU INVESTMENT DE    5.80     07/28/24       CNY     41.47
HUZHOU NEW CITY INVESTMEN    7.50     11/23/24       CNY     60.50
HUZHOU NEW CITY INVESTMEN    7.50     11/23/24       CNY     61.88
HUZHOU NEW CITY INVESTMEN    6.60     05/28/23       CNY     67.79
HUZHOU NEW CITY INVESTMEN    7.20     01/21/23       CNY     71.06
INNER MONGOLIA JINLONG IN    7.30     11/19/22       CNY     20.19
INNER MONGOLIA JINLONG IN    7.30     11/19/22       CNY     20.19
JIAHE ZHUDU DEVELOPMENT G    6.50     05/25/24       CNY     40.69
JIAHE ZHUDU DEVELOPMENT G    6.50     05/25/24       CNY     41.39
JIAHE ZHUDU DEVELOPMENT G    7.50     03/13/25       CNY     60.00
JIAHE ZHUDU DEVELOPMENT G    7.50     03/13/25       CNY     62.07
JIAN CITY JINGANGSHAN DEV    4.87     01/27/23       CNY     20.07
JIAN CITY JINGANGSHAN DEV    4.87     01/27/23       CNY     20.12
JIANAN INVESTMENT HOLDING    4.30     03/08/23       CNY     20.13
JIANAN INVESTMENT HOLDING    4.30     03/08/23       CNY     20.23
JIANAN INVESTMENT HOLDING    3.50     09/05/23       CNY     40.00
JIANAN INVESTMENT HOLDING    3.85     09/05/23       CNY     40.21
JIANAN INVESTMENT HOLDING    3.50     09/05/23       CNY     40.24
JIANAN INVESTMENT HOLDING    3.85     09/05/23       CNY     40.39
JIANDE STATE-OWNED ASSETS    6.69     11/20/24       CNY     62.80
JIANGSU BEIGU INDUSTRIAL     5.80     06/20/23       CNY     20.10
JIANGSU BEIGU INDUSTRIAL     5.80     06/20/23       CNY     20.10
JIANGSU DAHANG LINGANG IN    5.18     09/22/23       CNY     40.43
JIANGSU DAHANG LINGANG IN    5.18     09/22/23       CNY     40.46
JIANGSU GAOCHUN ECONOMIC     6.08     08/14/24       CNY     39.57
JIANGSU GAOCHUN ECONOMIC     3.92     11/23/23       CNY     40.05
JIANGSU GAOCHUN ECONOMIC     3.92     11/23/23       CNY     40.07
JIANGSU GAOCHUN ECONOMIC     3.67     09/23/23       CNY     40.30
JIANGSU GAOCHUN ECONOMIC     3.67     09/23/23       CNY     40.33
JIANGSU GAOCHUN ECONOMIC     5.66     06/26/24       CNY     40.99
JIANGSU GAOCHUN ECONOMIC     5.66     06/26/24       CNY     41.14
JIANGSU GAOCHUN ECONOMIC     6.08     08/14/24       CNY     41.34
JIANGSU HAIZHOU DEVELOPME    4.67     06/06/23       CNY     20.20
JIANGSU HAIZHOU DEVELOPME    4.67     06/06/23       CNY     20.25
JIANGSU HAIZHOUWAN DEVELO    4.89     03/29/23       CNY     14.65
JIANGSU HANRUI INVESTMENT    4.63     04/15/23       CNY     20.25
JIANGSU HANRUI INVESTMENT    4.63     04/15/23       CNY     20.32
JIANGSU HANRUI INVESTMENT    5.00     08/31/23       CNY     40.02
JIANGSU HANRUI INVESTMENT    5.00     08/31/23       CNY     40.07
JIANGSU HONGZE LAKE SHENZ    6.50     08/01/24       CNY     40.51
JIANGSU JINHUI GROUP CO L    5.16     07/14/24       CNY     41.17
JIANGSU JINHUI GROUP CO L    5.16     07/14/24       CNY     41.50
JIANGSU JINTAN GUOFA INTE    4.60     08/22/23       CNY     20.28
JIANGSU JINTAN GUOFA INTE    4.60     08/22/23       CNY     40.40
JIANGSU KAIYUAN INVESTMEN    7.08     08/03/24       CNY     40.00
JIANGSU KAIYUAN INVESTMEN    7.08     08/03/24       CNY     40.50
JIANGSU LIYANG HIGH-TECH     5.70     08/30/24       CNY     61.57
JIANGSU LIYANG HIGH-TECH     5.70     08/30/24       CNY     61.60
JIANGSU QISHENG GROUP CO     4.00     03/18/23       CNY     20.13
JIANGSU QISHENG GROUP CO     4.00     03/18/23       CNY     20.15
JIANGSU RUNCHENG ASSET OP    5.65     04/19/24       CNY     41.19
JIANGSU RUNCHENG ASSET OP    5.65     04/19/24       CNY     41.30
JIANGSU YANGKOU PORT CONS    7.60     08/17/25       CNY     62.50
JIANGSU YANGKOU PORT CONS    7.38     04/03/25       CNY     62.50
JIANGSU YANGKOU PORT CONS    7.60     08/17/25       CNY     63.62
JIANGSU YANGKOU PORT CONS    7.38     04/03/25       CNY     63.74
JIANGSU YINGZHOU DEVELOPM    4.33     09/21/23       CNY     39.86
JIANGSU YINGZHOU DEVELOPM    4.33     09/21/23       CNY     39.94
JIANGSU YIXING ENVIRONMEN    4.08     09/14/23       CNY     40.16
JIANGSU YIXING ENVIRONMEN    4.08     09/14/23       CNY     40.60
JIANGSU ZHONGAN CONSTRUCT    5.65     03/24/24       CNY     40.84
JIANGSU ZHONGAN CONSTRUCT    5.65     03/24/24       CNY     41.70
JIANGSU ZHUFU INDUSTRIAL     4.47     07/20/23       CNY     18.41
JIANGSU ZHUFU INDUSTRIAL     4.47     07/20/23       CNY     20.04
JIANGXI HEJI INVESTMENT C    5.09     12/17/22       CNY     19.88
JIANGXI HEJI INVESTMENT C    5.09     12/17/22       CNY     20.13
JIANGXI HUKOU SHIZHONG DE    6.80     12/01/24       CNY     60.00
JIANGXI HUKOU SHIZHONG DE    6.80     12/01/24       CNY     62.38
JIANGXI JIHU DEVELOPMENT     7.50     04/10/25       CNY     60.00
JIANGXI JIHU DEVELOPMENT     6.80     02/07/25       CNY     60.00
JIANGXI JIHU DEVELOPMENT     6.80     02/07/25       CNY     62.63
JIANGXI JIHU DEVELOPMENT     7.50     04/10/25       CNY     63.53
JIANGXI LONGHU MOUNTAIN T    4.35     03/16/23       CNY     20.11
JIANGXI LONGHU MOUNTAIN T    4.35     03/16/23       CNY     20.19
JIANGXI PINGXIANG CHANGSH    6.00     08/11/24       CNY     40.00
JIANGXI PINGXIANG CHANGSH    6.00     08/11/24       CNY     40.91
JIANGXI WANNIAN STATE-OWN    7.20     06/03/26       CNY     70.00
JIANGXI XIUSHUI CITY INVE    7.40     12/08/24       CNY     61.66
JIANGYOU HONGFEI INVESTME    6.55     09/02/22       CNY     20.01
JIANGYOU HONGFEI INVESTME    6.55     09/02/22       CNY     20.31
JIANLI FENGYUAN CITY INVE    6.78     04/28/24       CNY     40.92
JIANLI FENGYUAN CITY INVE    6.78     04/28/24       CNY     41.41
JIANYANG DEVELOPMENT HOLD    3.93     11/10/23       CNY     39.62
JIANYANG DEVELOPMENT HOLD    3.93     11/10/23       CNY     40.04
JIANYANG MODERN INDUSTRY     6.00     04/24/24       CNY     40.68
JIANYANG MODERN INDUSTRY     6.00     04/24/24       CNY     41.06
JIAXING JIAXIU DEVELOPMEN    5.60     09/25/24       CNY     61.80
JIAXING JIAXIU DEVELOPMEN    5.60     09/25/24       CNY     62.04
JIAXING XIANGJIADANG DEVE    4.13     07/20/23       CNY     20.15
JIAXING XIANGJIADANG DEVE    4.13     07/20/23       CNY     20.18
JIAXING XIANGJIADANG DEVE    3.87     09/21/23       CNY     39.89
JIAXING XIANGJIADANG DEVE    3.87     09/21/23       CNY     40.36
JIAXING XIANGJIADANG DEVE    6.40     04/19/25       CNY     60.00
JIAXING XIANGJIADANG DEVE    6.40     04/19/25       CNY     62.24
JIAXING XIUHU DEVELOPMENT    6.80     04/16/25       CNY     60.00
JIAXING XIUHU DEVELOPMENT    6.80     04/16/25       CNY     63.54
JIAYU COUNTY URBAN TOWN C    5.70     01/19/23       CNY     20.14
JIAYU COUNTY URBAN TOWN C    5.70     01/19/23       CNY     20.18
JIAYU COUNTY URBAN TOWN C    5.70     03/23/24       CNY     40.54
JIAYU COUNTY URBAN TOWN C    6.50     01/19/24       CNY     40.82
JIAYU COUNTY URBAN TOWN C    5.70     03/23/24       CNY     40.86
JIAYU COUNTY URBAN TOWN C    6.50     01/19/24       CNY     41.01
JILIN CITY CONSTRUCTION H    3.80     01/27/23       CNY     20.05
JILIN ECONOMIC AND TECHNO    6.20     04/29/23       CNY     20.39
JILIN ECONOMIC AND TECHNO    6.20     04/29/23       CNY     20.41
JIN HUA RONG SHENG INVEST    6.85     12/27/24       CNY     60.00
JIN HUA RONG SHENG INVEST    6.85     12/27/24       CNY     62.52
JINGDEZHEN CERAMIC CULTUR    5.38     11/27/22       CNY     20.00
JINGDEZHEN CERAMIC CULTUR    5.38     11/27/22       CNY     20.16
JINGJIANG BINJIANG XINCHE    5.37     07/25/24       CNY     40.00
JINGJIANG BINJIANG XINCHE    5.37     07/25/24       CNY     40.75
JINGJIANG CITY INVESTMENT    4.55     03/30/23       CNY     20.03
JINGJIANG CITY INVESTMENT    4.55     03/30/23       CNY     20.27
JINGMEN DONGBAO DISTRICT     7.30     03/23/25       CNY     60.00
JINGMEN DONGBAO DISTRICT     7.30     03/23/25       CNY     63.86
JINGMEN HIGH-TECH DEVELOP    4.15     07/28/23       CNY     20.00
JINGMEN HIGH-TECH DEVELOP    4.15     07/28/23       CNY     20.26
JINGSHAN JINGCHENG INVEST    4.38     08/29/23       CNY     39.86
JINGSHAN JINGCHENG INVEST    4.38     08/29/23       CNY     40.28
JINGSHAN JINGCHENG INVEST    7.00     02/07/25       CNY     60.00
JINGSHAN JINGCHENG INVEST    7.00     02/07/25       CNY     63.34
JINGXIAN STATED-OWNED ASS    6.80     02/09/25       CNY     60.00
JINGXIAN STATED-OWNED ASS    6.80     02/09/25       CNY     61.20
JINGZHOU DEVELOPMENT ZONE    4.87     09/23/26       CNY     69.38
JINGZHOU DEVELOPMENT ZONE    4.87     09/23/26       CNY     70.64
JINGZHOU URBAN CONSTRUCTI    3.97     03/10/23       CNY     20.10
JINGZHOU URBAN CONSTRUCTI    3.97     03/10/23       CNY     20.11
JINGZHOU URBAN CONSTRUCTI    5.68     07/20/24       CNY     41.55
JINGZHOU URBAN CONSTRUCTI    5.68     07/20/24       CNY     41.70
JINING CITY SHIZHONG DIST    3.52     09/14/23       CNY     40.08
JINING HIGH TECH URBAN CO    5.88     04/25/23       CNY     40.69
JINING NEW CITY DEVELOPME    7.60     03/23/25       CNY     60.00
JINING NEW CITY DEVELOPME    7.60     03/23/25       CNY     63.62
JINING PORT & SHIPPING LI    7.00     11/27/24       CNY     62.05
JINING PORT & SHIPPING LI    7.00     06/01/25       CNY     68.97
JINKE PROPERTIES GROUP CO    6.85     05/28/24       USD     20.00
JINKE PROPERTIES GROUP CO    6.00     07/08/23       CNY     33.00
JINKE PROPERTIES GROUP CO    5.00     05/28/24       CNY     34.03
JINKE PROPERTIES GROUP CO    6.20     01/28/25       CNY     40.00
JINKE PROPERTIES GROUP CO    6.30     06/24/25       CNY     45.00
JINSHA COUNTY CONSTRUCTIO    6.01     09/05/23       CNY     38.56
JINSHA COUNTY CONSTRUCTIO    6.01     09/05/23       CNY     39.28
JINTANG MODERN AGRICULTUR    5.49     07/14/23       CNY     20.44
JINTANG MODERN AGRICULTUR    5.49     07/14/23       CNY     20.44
JINXIAN COUNTY CITY CONST    6.20     07/24/24       CNY     40.92
JINXIANG COUNTY CITY CONS    7.50     03/20/26       CNY     65.91
JINZHAI URBAN DEVELOPMENT    5.90     04/25/23       CNY     20.20
JINZHAI URBAN DEVELOPMENT    5.90     04/25/23       CNY     20.41
JINZHOU CIHANG GROUP CO L    9.00     04/05/20       CNY     33.63
JISHOU HUATAI STATE OWNED    6.50     06/21/24       CNY     41.62
JISHOU HUATAI STATE OWNED    6.50     06/21/24       CNY     41.77
JISHOU HUATAI STATE OWNED    6.45     09/11/24       CNY     60.00
JISHOU HUATAI STATE OWNED    6.45     09/11/24       CNY     60.56
JIUJIANG LIANXI DISTRICT     4.58     03/30/23       CNY     20.13
JIUJIANG LIANXI DISTRICT     4.58     03/30/23       CNY     20.13
JUNAN COUNTY URBAN CONSTR    7.50     09/26/24       CNY     58.00
JUNAN COUNTY URBAN CONSTR    7.50     09/26/24       CNY     62.03
JURONG URBAN CONSTRUCTION    6.80     11/06/24       CNY     60.00
JURONG URBAN CONSTRUCTION    6.80     11/06/24       CNY     61.97
JURONG URBAN CONSTRUCTION    6.89     09/18/24       CNY     62.08
JURONG URBAN CONSTRUCTION    6.89     09/18/24       CNY     65.73
KAIDI ECOLOGICAL AND ENVI    6.10     09/07/19       CNY      2.92
KAIDI ECOLOGICAL AND ENVI    7.00     12/15/19       CNY     10.00
KAIDI ECOLOGICAL AND ENVI    8.50     11/21/18       CNY     72.46
KAIFU CITY DEVELOPMENT CO    4.20     01/21/23       CNY     20.09
KAIFU CITY DEVELOPMENT CO    4.20     01/21/23       CNY     20.18
KAIFU CITY DEVELOPMENT CO    3.73     08/22/23       CNY     20.18
KAIFU CITY DEVELOPMENT CO    3.73     08/22/23       CNY     20.23
KAILI GUIZHOU TOWN CONSTR    5.29     12/17/22       CNY     19.52
KAILI GUIZHOU TOWN CONSTR    5.29     12/17/22       CNY     19.60
KAILI GUIZHOU TOWN CONSTR    4.20     10/13/23       CNY     38.33
KAILI GUIZHOU TOWN CONSTR    4.20     10/13/23       CNY     38.49
KANGMEI PHARMACEUTICAL CO    5.47     09/15/22       CNY     20.50
KANGMEI PHARMACEUTICAL CO    5.29     08/16/22       CNY     20.50
KANGMEI PHARMACEUTICAL CO    5.20     07/17/22       CNY     20.50
KANGMEI PHARMACEUTICAL CO    6.80     06/28/21       CNY     20.50
KANGMEI PHARMACEUTICAL CO    7.00     06/21/21       CNY     20.50
KANGMEI PHARMACEUTICAL CO    5.50     04/20/21       CNY     20.50
KANGMEI PHARMACEUTICAL CO    6.10     03/28/21       CNY     20.50
KANGMEI PHARMACEUTICAL CO    6.28     03/20/21       CNY     20.50
KANGMEI PHARMACEUTICAL CO    6.33     01/27/22       CNY     36.69
KUNMING DIANCHI INVESTMEN    5.75     07/24/24       CNY     35.45
KUNMING DIANCHI INVESTMEN    5.75     07/24/24       CNY     38.03
KUNSHAN CITY CONSTRUCTION    5.70     04/24/25       CNY     62.51
KUNSHAN COMMUNICATION DEV    6.15     04/26/23       CNY     66.63
KUNSHAN YINQIAO HOLDING G    5.50     10/18/24       CNY     61.96
KUNSHAN YINQIAO HOLDING G    5.50     10/18/24       CNY     64.10
LAI AN URBAN INFRASTRUCTU    6.50     04/18/25       CNY     63.27
LAOHEKOU CITY CONSTRUCTIO    6.49     08/16/24       CNY     40.00
LAOHEKOU CITY CONSTRUCTIO    6.49     08/16/24       CNY     40.20
LEPING STATE-OWNED ASSETS    3.70     10/20/23       CNY     39.99
LEPING STATE-OWNED ASSETS    3.70     10/20/23       CNY     40.05
LEQING CITY STATE OWNED I    6.79     12/14/24       CNY     60.00
LEQING CITY STATE OWNED I    6.79     12/14/24       CNY     63.10
LETING INVESTMENT GROUP C    7.50     04/11/26       CNY     67.02
LIANYUNGANG HENGCHI INDUS    7.40     10/27/24       CNY     60.00
LIANYUNGANG HENGCHI INDUS    7.45     09/22/24       CNY     60.00
LIANYUNGANG HENGCHI INDUS    7.45     09/22/24       CNY     60.70
LIANYUNGANG HENGCHI INDUS    7.40     10/27/24       CNY     62.09
LIAOCHENG ANTAI URBAN RUR    5.16     04/11/23       CNY     20.00
LIAOCHENG ANTAI URBAN RUR    4.58     04/11/23       CNY     20.02
LIAOCHENG ANTAI URBAN RUR    5.16     04/11/23       CNY     20.10
LIAOCHENG ANTAI URBAN RUR    4.58     04/11/23       CNY     20.14
LIAOCHENG XINGYE HOLDINGS    5.20     04/13/23       CNY     19.86
LIAOCHENG XINGYE HOLDINGS    5.20     04/13/23       CNY     20.20
LIAONING GUANLONG CONSTRU    4.70     11/10/23       CNY     40.31
LIAONING GUANLONG CONSTRU    4.70     11/10/23       CNY     40.31
LIAONING YAODU DEVELOPMEN    6.50     04/29/23       CNY     20.31
LILING HIGH-TECH INDUSTRI    4.93     01/19/23       CNY     19.93
LINQU YISHAN INDUSTRIAL C    7.20     11/23/24       CNY     52.89
LINQU YISHAN INDUSTRIAL C    7.20     11/23/24       CNY     62.88
LINWU SHUNFA URBAN CONSTR    7.00     08/23/24       CNY     60.00
LINWU SHUNFA URBAN CONSTR    7.00     08/23/24       CNY     60.80
LINYI CITY DEVELOPMENT GR    3.85     11/22/23       CNY     40.08
LINYI CITY DEVELOPMENT GR    3.85     11/22/23       CNY     40.39
LINYI COUNTY CITY DEVELOP    7.78     03/21/25       CNY     60.00
LINYI COUNTY CITY DEVELOP    7.78     03/21/25       CNY     64.30
LIUPANSHUI CITY TRAFFIC I    5.98     05/02/24       CNY     39.06
LIUPANSHUI CITY TRAFFIC I    5.98     05/02/24       CNY     40.98
LIUPANSHUI DEVELOPMENT IN    3.74     01/20/23       CNY     20.00
LIUPANSHUI DEVELOPMENT IN    3.74     01/20/23       CNY     20.08
LIUPANSHUI MINSHENG INVES    5.08     01/29/23       CNY     19.28
LIUYANG MODERN MANUFACTUR    4.72     01/19/23       CNY     20.09
LIUYANG MODERN MANUFACTUR    4.72     01/19/23       CNY     20.13
LIUYANG MODERN MANUFACTUR    5.75     05/02/24       CNY     40.50
LIUYANG MODERN MANUFACTUR    5.75     05/02/24       CNY     40.67
LIUYANG MODERN MANUFACTUR    5.88     08/10/24       CNY     42.26
LIUYANG MODERN MANUFACTUR    5.88     08/10/24       CNY     61.84
LIUYANG URBAN CONSTRUCTIO    4.45     05/24/23       CNY     20.16
LIUYANG URBAN CONSTRUCTIO    4.45     05/24/23       CNY     20.19
LIUZHI SPECIAL DISTRICT W    7.00     11/16/24       CNY     60.00
LIUZHI SPECIAL DISTRICT W    7.00     11/16/24       CNY     61.86
LIUZHOU CITY INVESTMENT C    7.18     12/31/22       CNY     13.00
LIUZHOU CITY INVESTMENT C    7.18     12/31/22       CNY     14.98
LIUZHOU DONGTONG INVESTME    4.45     07/22/23       CNY     18.29
LIUZHOU DONGTONG INVESTME    4.45     07/22/23       CNY     19.11
LIUZHOU LONGJIAN INVESTME    8.28     04/30/24       CNY     24.00
LIUZHOU LONGJIAN INVESTME    8.28     04/30/24       CNY     28.37
LONGCHANG DEVELOPMENT CON    7.09     10/31/24       CNY     60.00
LONGCHANG DEVELOPMENT CON    7.09     10/31/24       CNY     62.81
LONGYAN RAILWAY CONSTRUCT    4.98     04/13/23       CNY     20.13
LONGYAN RAILWAY CONSTRUCT    4.98     04/13/23       CNY     20.19
LOUDI TIDU INVESTMENT DEV    4.83     01/20/23       CNY     20.13
LOUDI TIDU INVESTMENT DEV    4.83     01/20/23       CNY     20.13
LOUDI WANBAO NEW DISTRICT    4.42     08/01/23       CNY     20.05
LOUDI WANBAO NEW DISTRICT    4.42     08/01/23       CNY     20.05
LOUDI WANBAO NEW DISTRICT    5.13     02/01/23       CNY     20.07
LOUDI WANBAO NEW DISTRICT    5.13     02/01/23       CNY     20.07
LU'AN JIN'AN DISTRICT URB    5.95     07/24/24       CNY     41.65
LUJIANG CITY CONSTRUCTION    5.89     05/02/25       CNY     62.10
LUOYANG CITY COUNTRY CONS    4.28     04/26/23       CNY     20.18
LUOYANG CITY DEVELOPMENT     4.47     12/02/22       CNY     20.00
LUOYANG CITY DEVELOPMENT     4.47     12/02/22       CNY     20.09
LUOYANG SHENGSHI CITY CON    7.06     04/11/26       CNY     70.99
LUXI URBAN CONSTRUCTION I    6.80     10/27/24       CNY     60.00
LUXI URBAN CONSTRUCTION I    6.80     10/27/24       CNY     62.15
LUZHOU FUYANG INVESTMENT     5.00     08/11/23       CNY     19.96
LUZHOU FUYANG INVESTMENT     5.00     08/11/23       CNY     19.98
LUZHOU HUIXING INVESTMENT    6.28     10/19/24       CNY     60.78
LUZHOU HUIXING INVESTMENT    6.28     10/19/24       CNY     61.16
LUZHOU INDUSTRIAL DEVELOP    7.20     04/12/25       CNY     60.00
LUZHOU INDUSTRIAL DEVELOP    7.20     04/12/25       CNY     61.07
LUZHOU LIN GANG INVESTMEN    7.00     12/01/24       CNY     60.00
LUZHOU LIN GANG INVESTMEN    7.00     12/01/24       CNY     61.35
LUZHOU LIN GANG INVESTMEN    7.10     02/07/25       CNY     62.23
LUZHOU LIN GANG INVESTMEN    7.10     02/07/25       CNY     62.24
LUZHOU XINGLU INVESTMENT     6.41     04/23/25       CNY     45.00
LUZHOU XINGLU INVESTMENT     6.41     04/23/25       CNY     47.81
LUZHOU XINGYANG INVESTMEN    4.87     01/28/23       CNY     20.05
LUZHOU XINGYANG INVESTMEN    4.87     01/28/23       CNY     20.14
MA'ANSHAN CIHU HIGH TECHN    3.90     11/28/23       CNY     40.15
MA'ANSHAN CIHU HIGH TECHN    3.90     11/28/23       CNY     40.40
MAANSHAN NINGBO INVESTMEN    7.50     04/18/26       CNY     32.00
MAANSHAN SOUTHERN INDUSTR    4.53     07/25/23       CNY     20.05
MAANSHAN SOUTHERN INDUSTR    4.53     07/25/23       CNY     20.27
MAANSHAN SOUTHERN INDUSTR    4.43     09/02/23       CNY     40.08
MAANSHAN SOUTHERN INDUSTR    4.43     09/02/23       CNY     40.25
MAANSHAN YUSHAN CITY DEVE    5.62     07/31/24       CNY     41.05
MAANSHAN YUSHAN CITY DEVE    5.62     07/31/24       CNY     41.06
MAANSHAN YUSHAN CITY DEVE    5.85     09/22/24       CNY     61.37
MAANSHAN YUSHAN CITY DEVE    5.85     09/22/24       CNY     61.37
MA'ANSHAN ZHENGPU HARBOR     6.80     03/19/25       CNY     60.00
MA'ANSHAN ZHENGPU HARBOR     6.00     10/13/24       CNY     61.52
MA'ANSHAN ZHENGPU HARBOR     6.80     03/19/25       CNY     63.68
MA'ANSHAN ZHENGPU HARBOR     6.00     10/13/24       CNY     64.26
MEISHAN CITY DONGPO DEVEL    5.90     06/30/23       CNY     20.22
MEISHAN CITY DONGPO DEVEL    5.90     06/30/23       CNY     20.25
MEISHAN CITY DONGPO DEVEL    8.08     08/16/25       CNY     60.00
MEISHAN CITY DONGPO DEVEL    8.08     08/16/25       CNY     64.16
MEISHAN HONGDA CONSTRUCTI    4.18     03/28/23       CNY     20.01
MEISHAN HONGDA CONSTRUCTI    4.18     03/28/23       CNY     20.07
MEISHAN MINDONG DEVELOPME    6.78     08/08/24       CNY     40.67
MEISHAN MINDONG DEVELOPME    6.78     08/08/24       CNY     41.38
MEIZHOU MEI COUNTY DISTRI    5.00     12/30/22       CNY     20.10
MEIZHOU MEI COUNTY DISTRI    5.00     12/30/22       CNY     20.10
MENGCHENG COUNTY URBAN DE    5.60     09/21/24       CNY     61.19
MENGZI CITY DEVELOPMENT I    7.65     09/25/24       CNY     62.10
MENGZI CITY DEVELOPMENT I    7.65     09/25/24       CNY     62.11
MIANYANG ANZHOU INVESTMEN    8.10     05/04/25       CNY     60.00
MIANYANG ANZHOU INVESTMEN    8.10     05/04/25       CNY     64.25
MIANYANG HONGDA ASSET INV    7.20     09/29/24       CNY     60.00
MIANYANG HONGDA ASSET INV    7.20     09/29/24       CNY     62.31
MIANYANG HUIDONG INVESTME    8.10     02/10/25       CNY     64.24
MIANYANG HUIDONG INVESTME    8.10     04/28/25       CNY     64.79
MILE AGRICULTURAL INVESTM    7.60     02/27/26       CNY     67.84
MINGGUANG YUELONG INVESTM    6.54     05/03/25       CNY     62.14
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     50.00
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     50.00
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     50.86
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     54.49
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     54.49
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     55.39
MUNICIPALITY OF SHENZHEN     3.15     01/14/25       CNY     62.50
MUNICIPALITY OF SHENZHEN     3.15     01/14/25       CNY     62.50
MUNICIPALITY OF SHENZHEN     3.15     01/14/25       CNY     63.04
MUNICIPALITY OF SHENZHEN     3.27     03/29/24       CNY     65.00
MUNICIPALITY OF SHENZHEN     3.27     03/29/24       CNY     65.00
MUNICIPALITY OF SHENZHEN     3.27     03/29/24       CNY     65.71
MUNICIPALITY OF SHENZHEN     3.34     06/18/24       CNY     66.66
MUNICIPALITY OF SHENZHEN     3.34     06/18/24       CNY     66.66
MUNICIPALITY OF SHENZHEN     3.34     06/18/24       CNY     67.62
MUNICIPALITY OF SHENZHEN     3.50     06/18/29       CNY     70.00
MUNICIPALITY OF SHENZHEN     3.50     06/18/29       CNY     70.00
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     71.17
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     71.17
MUNICIPALITY OF SHENZHEN     3.50     06/18/29       CNY     72.00
MUNICIPALITY OF SHENZHEN     3.37     03/29/26       CNY     72.40
MUNICIPALITY OF SHENZHEN     2.80     05/19/27       CNY     74.00
MUNICIPALITY OF SHENZHEN     2.80     05/19/27       CNY     74.00
MUNICIPALITY OF SHENZHEN     2.80     05/19/27       CNY     74.69
MUNICIPALITY OF SHENZHEN     3.31     01/14/27       CNY     75.00
MUNICIPALITY OF SHENZHEN     3.31     01/14/27       CNY     75.00
NANCHANG ECONOMY TECHNOLO    3.83     09/22/23       CNY     40.02
NANCHANG ECONOMY TECHNOLO    3.83     09/22/23       CNY     40.32
NANCHONG JIALING DEVELOPM    7.98     05/23/25       CNY     60.00
NANCHONG JIALING DEVELOPM    7.80     12/12/24       CNY     60.00
NANCHONG JIALING DEVELOPM    7.80     12/12/24       CNY     63.12
NANCHONG JIALING DEVELOPM    7.98     05/23/25       CNY     64.29
NANJING BAIXIA STATE-OWNE    3.98     03/29/23       CNY     20.07
NANJING BAIXIA STATE-OWNE    3.98     03/29/23       CNY     20.19
NANJING JIANGBEI NEW DIST    6.00     12/06/24       CNY     60.00
NANJING JIANGBEI NEW DIST    6.00     12/06/24       CNY     62.73
NANJING JIANGBEI NEW DIST    6.90     06/15/25       CNY     64.54
NANJING JIANGBEI NEW DIST    6.90     06/15/25       CNY     65.88
NANJING JIANGBEI NEW TOWN    5.59     09/26/24       CNY     61.92
NANJING JIANGBEI NEW TOWN    5.59     09/26/24       CNY     62.50
NANJING JIANGNING ECONOMI    7.94     04/14/24       CNY     31.46
NANJING JIANGNING URBAN C    3.48     11/11/23       CNY     40.26
NANJING JIANGNING URBAN C    3.48     11/11/23       CNY     40.40
NANJING JIANYE SCIENCE &     4.37     06/24/23       CNY     20.14
NANJING JIANYE SCIENCE &     4.37     06/24/23       CNY     20.36
NANJING LISHUI ECONOMIC A    3.41     11/09/23       CNY     40.36
NANJING LISHUI ECONOMIC A    3.41     11/09/23       CNY     40.37
NANJING LISHUI URBAN CONS    4.97     04/28/23       CNY     20.20
NANJING LISHUI URBAN CONS    4.97     04/28/23       CNY     20.27
NANJING LISHUI URBAN CONS    5.40     07/31/25       CNY     63.11
NANJING LISHUI URBAN CONS    5.40     07/31/25       CNY     63.87
NANJING METRO GROUP CO LT    3.29     08/29/23       CNY     40.19
NANJING METRO GROUP CO LT    4.22     11/28/23       CNY     71.01
NANJING PUKOU COMMUNICATI    5.46     07/19/24       CNY     41.52
NANJING QIXIA STATE-OWNED    4.10     06/24/23       CNY     20.13
NANJING QIXIA STATE-OWNED    4.10     06/24/23       CNY     20.21
NANJING STATE OWNED ASSET    5.60     03/06/23       CNY     15.24
NANLING COUNTY CONSTRUCTI    6.20     09/06/24       CNY     60.00
NANLING COUNTY CONSTRUCTI    6.20     09/06/24       CNY     61.02
NANNING HI-TECH INDUSTRIA    4.28     03/25/23       CNY     15.20
NANNING HI-TECH INDUSTRIA    4.28     03/25/23       CNY     19.97
NANNING HI-TECH INDUSTRIA    3.82     10/20/23       CNY     39.88
NANNING HI-TECH INDUSTRIA    3.82     10/20/23       CNY     40.06
NANPING CITY WUYI NEW DIS    4.96     09/28/22       CNY     20.05
NANPING CITY WUYI NEW DIS    4.96     09/28/22       CNY     20.20
NANTONG CITY TONGZHOU DIS    3.75     07/07/23       CNY     20.15
NANTONG CITY TONGZHOU DIS    3.75     07/07/23       CNY     20.26
NANTONG CITY TONGZHOU DIS    4.88     04/10/24       CNY     40.82
NANTONG HIGH-TECH HOLDING    5.00     10/19/22       CNY     20.08
NANTONG HIGH-TECH HOLDING    5.00     10/19/22       CNY     20.20
NANTONG KAIYUAN INVESTMEN    7.25     11/29/24       CNY     62.44
NANTONG KAIYUAN INVESTMEN    7.25     11/29/24       CNY     62.49
NANTONG SHIBEI HI-TECH DE    5.98     08/07/24       CNY     41.19
NANTONG SHIBEI HI-TECH DE    5.98     08/07/24       CNY     41.31
NANTONG YUNTONG PORT DEVE    6.13     08/10/24       CNY     35.00
NANTONG YUNTONG PORT DEVE    6.13     08/10/24       CNY     41.38
NANYANG HI-TECH DEVELOPME    6.45     04/29/23       CNY     20.36
NANYANG HI-TECH DEVELOPME    6.45     04/29/23       CNY     20.41
NANZHANG COUNTY CONSTRUCT    6.00     01/20/24       CNY     41.02
NANZHANG COUNTY CONSTRUCT    6.00     01/20/24       CNY     41.02
NANZHANG COUNTY CONSTRUCT    6.58     10/25/24       CNY     60.00
NANZHANG COUNTY CONSTRUCT    6.58     10/25/24       CNY     62.35
NEIJIANG CITY XINGYUAN IN    4.28     08/16/23       CNY     19.82
NEIJIANG CITY XINGYUAN IN    4.28     08/16/23       CNY     20.02
NEIJIANG STATE-OWNED ASSE    6.20     04/12/23       CNY     20.00
NEIJIANG STATE-OWNED ASSE    6.20     04/12/23       CNY     20.01
NEIJINAG CONSTRUCTION ENG    5.03     12/25/22       CNY     16.36
NEIJINAG CONSTRUCTION ENG    5.03     12/25/22       CNY     19.95
NEOGLORY HOLDING GROUP CO    8.00     10/22/20       CNY     56.00
NEOGLORY HOLDING GROUP CO    8.00     09/25/20       CNY     60.00
NEOGLORY HOLDING GROUP CO    8.10     11/23/18       CNY     72.00
NINGGUO CITY STATE OWNED     7.14     08/07/24       CNY     40.80
NINGGUO CITY STATE OWNED     7.14     08/07/24       CNY     41.37
NINGGUO CITY STATE OWNED     4.89     10/15/27       CNY     73.06
NINGXIA SHENG YAN INDUSTR    7.50     09/27/23       CNY     42.45
NINGXIANG CITY CONSTRUCTI    6.00     06/02/26       CNY     64.27
NINGXIANG ECONOMIC TECHNO    3.87     01/27/23       CNY     20.07
NINGXIANG STATE-OWNED ASS    4.89     06/03/23       CNY     20.23
NINGXIANG STATE-OWNED ASS    4.89     06/03/23       CNY     20.28
NINGXIANG STATE-OWNED ASS    3.88     11/02/23       CNY     40.18
NINGXIANG STATE-OWNED ASS    3.88     11/02/23       CNY     40.20
ONE BELT ONE ROAD JIANGSU    4.70     07/15/23       CNY     20.26
ONE BELT ONE ROAD JIANGSU    4.70     07/15/23       CNY     20.40
PANJIN WATER GROUP CO LTD    5.18     10/28/23       CNY     38.47
PEIXIAN CITY INVESTMENT D    5.20     11/10/22       CNY     20.00
PEIXIAN CITY INVESTMENT D    5.20     11/10/22       CNY     20.12
PEIXIAN STATE-OWNED ASSET    5.98     07/19/24       CNY     40.00
PEIXIAN STATE-OWNED ASSET    5.98     07/19/24       CNY     41.61
PEKING UNIVERSITY FOUNDER    6.30     03/04/24       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.50     11/16/23       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.68     08/09/23       CNY     11.00
PEKING UNIVERSITY FOUNDER    5.80     01/28/22       CNY     11.00
PEKING UNIVERSITY FOUNDER    5.99     11/02/21       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.10     08/22/21       CNY     11.00
PEKING UNIVERSITY FOUNDER    4.80     07/26/21       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.30     09/12/20       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.15     07/23/20       CNY     11.00
PEKING UNIVERSITY FOUNDER    6.20     05/31/20       CNY     11.00
PENGSHAN DEVELOPMENT HOLD    7.98     05/03/25       CNY     51.81
PENGSHAN DEVELOPMENT HOLD    7.00     09/05/24       CNY     60.00
PENGSHAN DEVELOPMENT HOLD    7.00     09/05/24       CNY     60.83
PENGSHAN DEVELOPMENT HOLD    7.98     05/03/25       CNY     64.60
PENGZE CITY DEVELOPMENT I    7.00     04/19/25       CNY     60.00
PENGZE CITY DEVELOPMENT I    7.00     04/19/25       CNY     63.12
PENGZHOU STATE-PENGZHOU S    3.95     10/20/23       CNY     39.15
PINGDU STATE-OWNED ASSET     6.05     07/11/25       CNY     61.92
PINGDU STATE-OWNED ASSET     6.05     07/11/25       CNY     63.40
PINGHU CITY INVESTMENT DE    5.13     04/29/23       CNY     20.25
PINGHU CITY INVESTMENT DE    5.13     04/29/23       CNY     20.30
PINGJIANG COUNTY WATER SU    6.64     06/27/26       CNY     61.06
PINGLIANG CULTURAL & TOUR    6.85     11/30/22       CNY     20.00
PINGTAN COMPREHENSIVE PIL    3.92     01/29/23       CNY     20.05
PINGXIANG CHANGXING INVES    5.26     04/11/23       CNY     19.99
PINGXIANG CHANGXING INVES    5.26     04/11/23       CNY     20.05
PINGXIANG HUIFENG INVESTM    5.79     09/21/24       CNY     61.28
PINGXIANG HUIFENG INVESTM    5.79     09/21/24       CNY     61.40
PINGYANG STATE-OWNED ASSE    4.97     01/08/23       CNY     20.00
PINGYANG STATE-OWNED ASSE    4.97     01/08/23       CNY     20.16
PIZHOU ECONOMIC DEVELOPME    5.00     10/29/22       CNY     20.00
PIZHOU ECONOMIC DEVELOPME    5.00     10/29/22       CNY     20.05
PIZHOU ECONOMIC DEVELOPME    6.66     09/19/24       CNY     61.53
PIZHOU ECONOMIC DEVELOPME    6.66     09/19/24       CNY     67.00
POYANG INVESTMENT & DEVEL    6.53     08/08/24       CNY     40.00
POYANG INVESTMENT & DEVEL    6.53     08/08/24       CNY     41.93
PROVINCE OF HEBEI CHINA      3.17     08/22/24       CNY     70.97
PROVINCE OF HEBEI CHINA      3.17     08/22/24       CNY     70.98
PROVINCE OF HEBEI CHINA      3.17     08/22/24       CNY     70.98
PROVINCE OF HEBEI CHINA      3.17     08/22/24       CNY     70.98
PUCHENG INVESTMENT DEVELO    6.57     08/10/24       CNY     40.00
PUCHENG INVESTMENT DEVELO    6.57     08/10/24       CNY     40.78
PUDING YELANG STATE-OWNED    8.00     03/13/25       CNY     55.59
PUDING YELANG STATE-OWNED    7.79     11/13/24       CNY     60.09
PUDING YELANG STATE-OWNED    8.00     03/13/25       CNY     65.00
PUYANG INVESTMENT GROUP C    5.18     08/17/24       CNY     41.22
PUYANG INVESTMENT GROUP C    5.18     08/17/24       CNY     41.22
QIANDONGNAN TRANSPORTATIO    5.79     12/21/22       CNY     19.63
QIANDONGNAN TRANSPORTATIO    5.79     12/21/22       CNY     19.90
QIANDONGNANZHOU KAIHONG C    5.30     09/22/26       CNY     55.95
QIANDONGNANZHOU KAIHONG C    5.30     09/22/26       CNY     61.87
QIANJIANG URBAN CONSTRUCT    5.19     12/21/22       CNY     20.00
QIANJIANG URBAN CONSTRUCT    5.19     12/21/22       CNY     20.12
QIANNAN AUTONOMOUS PREFEC    6.98     07/06/24       CNY     38.36
QIANNAN AUTONOMOUS PREFEC    6.98     07/06/24       CNY     38.37
QIANNAN AUTONOMOUS PREFEC    6.99     04/19/24       CNY     38.58
QIANNAN AUTONOMOUS PREFEC    6.99     04/19/24       CNY     38.58
QIANNANZHOU INVESTMENT CO    6.77     07/28/24       CNY     35.50
QIANNANZHOU INVESTMENT CO    6.77     07/28/24       CNY     38.08
QIANNANZHOU INVESTMENT CO    8.00     01/02/26       CNY     68.90
QIANSHAN CITY QIANRUN INV    6.98     01/19/25       CNY     60.00
QIANSHAN CITY QIANRUN INV    6.98     01/19/25       CNY     63.22
QIANXINAN AUTONOMOUS REGI    5.90     06/22/23       CNY     19.24
QIANXINAN AUTONOMOUS REGI    5.90     06/22/23       CNY     20.28
QICHUN COUNTY CONSTRUCTIO    4.96     10/18/23       CNY     40.31
QICHUN COUNTY CONSTRUCTIO    4.96     10/18/23       CNY     40.31
QIDONG STATE-OWNED ASSET     7.30     11/20/22       CNY     15.19
QIDONG STATE-OWNED ASSET     7.30     11/20/22       CNY     15.20
QIDONG STATE-OWNED ASSET     4.00     03/09/23       CNY     20.14
QIDONG STATE-OWNED ASSET     4.00     03/09/23       CNY     20.22
QIDONG URBAN CONSTRUCTION    5.25     08/16/24       CNY     41.18
QIDONG URBAN CONSTRUCTION    5.25     08/16/24       CNY     41.60
QIHE CITY OPERATION CONST    5.10     03/07/23       CNY     19.97
QIHE CITY OPERATION CONST    5.10     03/07/23       CNY     20.08
QINGDAO CHANGYANG INVESTM    3.73     09/12/23       CNY     40.05
QINGDAO CHANGYANG INVESTM    3.73     09/12/23       CNY     40.06
QINGDAO CONSON DEVELOPMEN    6.40     12/12/22       CNY     15.17
QINGDAO HAIFA STATE-OWNED    4.26     06/06/23       CNY     20.17
QINGDAO HAIFA STATE-OWNED    4.26     06/06/23       CNY     20.25
QINGDAO HAIFA STATE-OWNED    6.28     04/04/25       CNY     62.50
QINGDAO HAIFA STATE-OWNED    6.28     04/04/25       CNY     65.25
QINGDAO JIMO DISTRICT URB    5.35     07/10/24       CNY     41.20
QINGDAO JIMO DISTRICT URB    5.35     07/10/24       CNY     41.44
QINGDAO OCEAN INVESTMENT     4.36     05/12/23       CNY     20.14
QINGDAO OCEAN INVESTMENT     4.36     05/12/23       CNY     20.28
QINGDAO SHAOHAI INVESTMEN    6.47     10/31/24       CNY     61.05
QINGDAO SHAOHAI INVESTMEN    6.47     10/31/24       CNY     61.49
QINGHAI PROVINCIAL INVEST    7.88     03/22/21       USD     29.20
QINGHAI PROVINCIAL INVEST    7.25     02/22/20       USD     29.20
QINGHAI PROVINCIAL INVEST    6.40     07/10/21       USD     33.44
QINGZHOU CITY CONSTRUCTIO    6.40     07/10/24       CNY     40.00
QINGZHOU CITY CONSTRUCTIO    6.40     07/10/24       CNY     40.28
QINGZHOU CITY CONSTRUCTIO    6.80     08/25/24       CNY     60.86
QINHUANGDAO CITY DEVELOPM    4.69     04/14/23       CNY     20.15
QINHUANGDAO CITY DEVELOPM    4.69     04/14/23       CNY     20.26
QINHUANGDAO DEVELOPMENT Z    4.07     08/26/23       CNY     39.94
QINHUANGDAO DEVELOPMENT Z    4.07     08/26/23       CNY     39.99
QUANJIAO URBAN INFRASTRUC    5.10     05/18/23       CNY     20.33
QUANJIAO URBAN INFRASTRUC    5.10     05/18/23       CNY     20.33
QUJING CITY QILIN DISTRIC    5.37     11/26/22       CNY     20.00
QUJING CITY QILIN DISTRIC    5.37     11/26/22       CNY     21.95
QUJING ECO TECH DEVELOPME    5.75     06/01/23       CNY     20.00
QUJING ECO TECH DEVELOPME    5.75     06/01/23       CNY     20.23
RENHUAI CITY DEVELOPMENT     5.12     04/14/23       CNY     19.76
RENHUAI CITY DEVELOPMENT     5.12     04/14/23       CNY     20.18
RENHUAI WATER INVESTMENT     7.98     02/24/25       CNY     56.07
RENHUAI WATER INVESTMENT     7.98     07/26/25       CNY     63.90
RENQIU CONSTRUCTION INVES    5.68     11/18/22       CNY     20.11
RENQIU CONSTRUCTION INVES    5.68     11/18/22       CNY     20.30
RENSHOU DEVELOPMENT OF IN    6.42     12/22/22       CNY     20.00
RENSHOU DEVELOPMENT OF IN    6.42     12/22/22       CNY     20.11
REWARD SCIENCE AND TECHNO    5.53     07/05/21       CNY     29.10
REWARD SCIENCE AND TECHNO    6.40     03/03/22       CNY     70.00
RIZHAO CITY CONSTRUCTION     3.98     12/07/22       CNY     20.08
RIZHAO CITY CONSTRUCTION     3.98     12/07/22       CNY     20.09
RONGCHENG ECONOMIC DEVELO    5.75     04/24/25       CNY     62.79
RONGCHENG ECONOMIC DEVELO    5.75     04/24/25       CNY     62.83
RONGQIAO GROUP CO LTD        6.50     06/03/24       CNY     64.00
RONGXIN FUJIAN INVESTMENT    5.42     08/19/24       CNY     31.00
RONGXIN FUJIAN INVESTMENT    5.60     07/27/23       CNY     33.00
RONGXIN FUJIAN INVESTMENT    6.45     07/03/23       CNY     67.50
RONGXIN FUJIAN INVESTMENT    6.78     07/03/24       CNY     72.80
RUCHENG COUNTY URBAN CONS    5.69     02/23/24       CNY     51.30
RUCHENG COUNTY URBAN CONS    5.69     02/23/24       CNY     51.31
RUDONG COUNTY JINXIN TRAN    3.80     07/26/23       CNY     20.15
RUDONG COUNTY JINXIN TRAN    3.80     07/26/23       CNY     20.17
RUDONG COUNTY JINXIN TRAN    4.57     07/26/23       CNY     20.19
RUDONG COUNTY JINXIN TRAN    4.57     07/26/23       CNY     20.21
RUDONG COUNTY KAITAI CITY    4.57     01/08/23       CNY     20.18
RUDONG NEW WORLD INVESTME    4.37     07/18/23       CNY     20.06
RUDONG NEW WORLD INVESTME    4.37     07/18/23       CNY     20.07
RUGAO ECONOMIC & TRADE DE    3.95     03/24/23       CNY     20.10
RUGAO ECONOMIC & TRADE DE    3.95     03/24/23       CNY     20.17
RUGAO TRAFFIC INDUSTRY GR    3.74     03/23/23       CNY     20.00
RUGAO TRAFFIC INDUSTRY GR    3.74     03/23/23       CNY     20.13
RUIAN STATE OWNED ASSET I    4.56     01/27/23       CNY     20.14
RUIAN STATE OWNED ASSET I    4.56     01/27/23       CNY     20.14
RUICHANG CITY INVESTMENT     5.68     03/25/23       CNY     20.03
RUICHANG CITY INVESTMENT     5.50     06/17/23       CNY     20.04
RUIJIN URBAN DEVELOPMENT     4.13     09/06/23       CNY     40.12
RUIJIN URBAN DEVELOPMENT     4.13     09/06/23       CNY     40.19
RUSHAN INDUSTRIAL INVESTM    7.40     06/07/25       CNY     63.72
RUSHAN INDUSTRIAL INVESTM    7.40     06/07/25       CNY     64.24
RUZHOU CITY XINYUAN INVES    4.43     09/26/23       CNY     38.60
RUZHOU CITY XINYUAN INVES    4.43     09/26/23       CNY     39.52
SANMING INVESTMENT DEVELO    5.10     04/17/24       CNY     41.04
SANMING INVESTMENT DEVELO    5.10     04/17/24       CNY     41.16
SANMING TRANSPORTATION CO    3.68     03/29/23       CNY     20.12
SEAZEN HOLDINGS CO LTD       5.90     09/01/25       CNY     75.50
SHAANXI XIXIAN NEW AREA A    5.10     06/06/23       CNY     20.09
SHAANXI XIXIAN NEW AREA A    5.10     06/06/23       CNY     20.11
SHAANXI XIXIAN NEW AREA F    7.10     08/23/24       CNY     60.03
SHAANXI XIXIAN NEW AREA F    7.10     08/23/24       CNY     61.48
SHAANXI XIXIAN NEW AREA J    6.67     08/23/24       CNY     40.32
SHAANXI XIXIAN NEW AREA J    6.67     08/23/24       CNY     59.40
SHAANXI XIXIAN NEW AREA Q    5.15     11/27/22       CNY     20.07
SHAANXI XIXIAN NEW AREA Q    5.15     11/27/22       CNY     21.01
SHANDONG RUYI TECHNOLOGY     7.90     09/18/23       CNY     52.10
SHANDONG URBAN CAPITAL ST    7.50     04/12/26       CNY     60.06
SHANGHAI MUNICIPAL INVEST    4.80     11/05/24       CNY     45.94
SHANGHAI POWERLONG INDUST    6.60     01/11/26       CNY     30.00
SHANGHAI SHIMAO CO LTD       3.60     03/05/23       CNY     25.59
SHANGHAI SHIMAO CO LTD       3.76     07/07/24       CNY     34.16
SHANGHAI SHIMAO CO LTD       4.12     01/09/23       CNY     36.58
SHANGHAI SHIMAO CO LTD       5.50     05/06/23       CNY     36.63
SHANGHAI SHIMAO CO LTD       5.15     03/16/23       CNY     36.63
SHANGHAI SHIMAO CO LTD       4.24     10/21/22       CNY     36.65
SHANGHAI SHIMAO CO LTD       4.15     05/22/23       CNY     47.70
SHANGHAI SHIMAO JIANSHE C    3.90     08/27/25       CNY     21.59
SHANGHAI SHIMAO JIANSHE C    4.30     09/19/24       CNY     22.00
SHANGHAI SHIMAO JIANSHE C    4.30     11/11/24       CNY     25.86
SHANGHAI URBAN CONSTRUCTI    3.50     01/06/23       CNY     20.05
SHANGHAI URBAN CONSTRUCTI    3.50     01/06/23       CNY     20.10
SHANGHAI YUYUAN TOURIST M    4.95     11/27/24       CNY     60.00
SHANGLI INVESTMENT CO        7.50     06/01/25       CNY     63.16
SHANGLI INVESTMENT CO        7.50     06/01/25       CNY     63.17
SHANGRAO CITY STATE-OWNED    4.65     01/29/23       CNY     20.11
SHANGRAO CITY STATE-OWNED    4.65     01/29/23       CNY     20.13
SHANGRAO GUANGXIN URBAN C    7.95     07/24/25       CNY     62.72
SHANGRAO GUANGXIN URBAN C    7.95     07/24/25       CNY     62.91
SHANTOU INVESTMENT HOLDIN    7.99     03/04/24       CNY     30.50
SHANTOU INVESTMENT HOLDIN    7.99     03/04/24       CNY     31.57
SHANWEI INVESTMENT HOLDIN    5.68     11/09/24       CNY     61.87
SHANWEI INVESTMENT HOLDIN    5.68     11/09/24       CNY     62.15
SHAODONG NEW AREA DEVELOP    7.10     04/19/24       CNY     41.55
SHAODONG NEW AREA DEVELOP    7.10     04/19/24       CNY     41.56
SHAOGUAN URBAN INVESTMENT    3.67     10/25/24       CNY     55.71
SHAOGUAN URBAN INVESTMENT    3.67     10/25/24       CNY     55.72
SHAOSHAN HI-TECH CONSTRUC    8.00     05/02/25       CNY     60.86
SHAOSHAN HI-TECH CONSTRUC    8.00     05/02/25       CNY     63.79
SHAOWU URBAN CONSTRUCTION    5.88     09/11/22       CNY     20.03
SHAOWU URBAN CONSTRUCTION    5.88     09/11/22       CNY     23.39
SHAOXING KEQIAO CITY CONS    5.74     08/03/24       CNY     40.00
SHAOXING KEQIAO CITY CONS    3.64     09/19/23       CNY     40.07
SHAOXING KEQIAO CITY CONS    3.64     09/19/23       CNY     40.32
SHAOXING KEQIAO CITY CONS    5.74     08/03/24       CNY     41.38
SHAOXING SHANGYU ECONOMIC    4.76     04/11/23       CNY     20.18
SHAOXING SHANGYU ECONOMIC    4.76     04/11/23       CNY     20.27
SHAOYANG BAOQING INDUSTRI    5.78     07/04/26       CNY     54.67
SHAOYANG CITY CONSTRUCTIO    5.98     09/01/24       CNY     60.00
SHAOYANG CITY CONSTRUCTIO    5.98     09/01/24       CNY     61.29
SHAOYANG DULIANG INVESTME    5.50     04/13/23       CNY     19.80
SHAOYANG DULIANG INVESTME    5.50     04/13/23       CNY     19.86
SHAOYANG SAISHUANGQING CO    7.20     03/26/25       CNY     60.00
SHAOYANG SAISHUANGQING CO    7.20     03/26/25       CNY     61.44
SHEHONG STATE OWNED ASSET    7.30     12/14/24       CNY     60.00
SHEHONG STATE OWNED ASSET    7.30     12/14/24       CNY     63.19
SHEHONG STATE OWNED ASSET    7.50     08/22/25       CNY     65.02
SHEHONG STATE OWNED ASSET    7.60     10/22/25       CNY     65.68
SHENGZHOU INVESTMENT HOLD    5.35     07/20/24       CNY     41.23
SHENGZHOU INVESTMENT HOLD    5.35     07/20/24       CNY     41.60
SHENWU ENVIRONMENTAL TECH    9.00     03/14/19       CNY      1.50
SHENZHEN LOGAN HOLDINGS C    4.70     08/23/25       CNY     17.00
SHENZHEN LOGAN HOLDINGS C    4.80     09/14/25       CNY     17.01
SHENZHEN LOGAN HOLDINGS C    4.80     06/24/25       CNY     18.10
SHENZHEN LOGAN HOLDINGS C    4.90     03/25/25       CNY     19.00
SHENZHEN LOGAN HOLDINGS C    4.80     01/08/25       CNY     19.10
SHENZHEN LOGAN HOLDINGS C    5.09     11/18/24       CNY     21.00
SHENZHEN LOGAN HOLDINGS C    4.60     11/20/22       CNY     23.33
SHENZHEN LOGAN HOLDINGS C    5.50     06/19/23       CNY     33.76
SHENZHEN METRO GROUP CO L    5.40     03/25/23       CNY     15.30
SHENZHEN METRO GROUP CO L    6.75     01/24/24       CNY     31.00
SHEYANG URBAN CONSTRUCTIO    7.80     11/27/24       CNY     62.24
SHEYANG URBAN CONSTRUCTIO    7.80     11/27/24       CNY     62.25
SHIFANG CITY NATIONAL OWN    8.00     12/05/25       CNY     69.57
SHIJIAZHUANG HUTUO NEW DI    5.28     12/24/25       CNY     45.00
SHIJIAZHUANG HUTUO NEW DI    5.28     12/24/25       CNY     47.20
SHISHOU BOYA CITY CONSTRU    6.98     06/15/24       CNY     41.58
SHIYAN ECO DEVELOPMENT ZO    3.98     08/05/23       CNY     19.95
SHIYAN ECO DEVELOPMENT ZO    3.98     08/05/23       CNY     20.09
SHIYAN HANJIANG STAR CONS    6.40     07/10/24       CNY     40.70
SHIYAN STATE-OWNED CAPITA    4.88     01/11/26       CNY     61.85
SHIYAN STATE-OWNED CAPITA    4.88     01/11/26       CNY     61.99
SHIZHU TUJIA HONGSHENG EC    7.00     11/13/24       CNY     48.00
SHIZHU TUJIA HONGSHENG EC    7.00     11/13/24       CNY     62.36
SHOU COUNTY STATE-OWNED A    6.20     10/13/24       CNY     60.00
SHOU COUNTY STATE-OWNED A    6.20     10/13/24       CNY     61.68
SHUCHENG COUNTY URBAN CON    5.50     04/29/23       CNY     20.10
SHUCHENG COUNTY URBAN CON    5.50     04/29/23       CNY     20.36
SHUYANG JINGYUAN ASSET OP    5.49     09/11/22       CNY     20.06
SHUYANG JINGYUAN ASSET OP    5.49     09/11/22       CNY     20.20
SICHUAN CHENG'A DEVELOPME    7.50     11/29/24       CNY     60.00
SICHUAN CHENG'A DEVELOPME    7.50     11/06/24       CNY     60.00
SICHUAN CHENG'A DEVELOPME    7.50     11/06/24       CNY     62.59
SICHUAN CHENG'A DEVELOPME    7.50     11/29/24       CNY     62.70
SICHUAN CHENG'A DEVELOPME    7.25     01/28/24       CNY     70.85
SICHUAN COAL GASIFICATION    7.00     04/18/23       CNY     20.35
SICHUAN COAL INDUSTRY GRO    7.70     01/09/18       CNY     45.00
SICHUAN JINCAI JINXIN INV    7.08     07/31/24       CNY     41.39
SICHUAN JINCAI JINXIN INV    7.08     07/31/24       CNY     41.53
SICHUAN LANGUANG DEVELOPM    7.20     05/11/23       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.20     03/11/23       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.50     11/22/22       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.00     10/26/22       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.00     09/29/22       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.50     08/12/21       CNY     12.63
SICHUAN LANGUANG DEVELOPM    6.50     07/29/21       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.50     07/11/21       CNY     12.63
SICHUAN LANGUANG DEVELOPM    7.15     03/16/23       CNY     24.00
SICHUAN LANGUANG DEVELOPM    7.40     09/14/21       CNY     30.45
SICHUAN LANGUANG DEVELOPM    7.50     07/23/22       CNY     42.00
SICHUAN LANGZHONG FAMOUS     5.60     04/19/23       CNY     20.03
SICHUAN LANGZHONG FAMOUS     5.60     04/19/23       CNY     20.11
SICHUAN LONGYANG TIANFU N    5.45     05/27/23       CNY     20.15
SICHUAN LONGYANG TIANFU N    5.45     05/27/23       CNY     20.22
SICHUAN NAXING INDUSTRIAL    4.68     03/31/23       CNY     19.83
SICHUAN NAXING INDUSTRIAL    4.68     03/31/23       CNY     20.01
SICHUAN QINBA NEWCITY INV    6.91     07/25/24       CNY     39.80
SICHUAN QINBA NEWCITY INV    6.68     07/07/24       CNY     39.89
SICHUAN QINBA NEWCITY INV    6.68     07/07/24       CNY     40.00
SICHUAN QINBA NEWCITY INV    6.91     07/25/24       CNY     40.41
SICHUAN RENSHOU XINLONG W    7.00     06/27/24       CNY     41.74
SIHUI STATE OWNED ASSETS     4.59     01/14/23       CNY     20.10
SIHUI STATE OWNED ASSETS     4.59     01/14/23       CNY     20.22
SINO-OCEAN HOLDING GROUP     4.76     10/19/25       CNY     33.33
SINO-OCEAN HOLDING GROUP     4.59     03/20/26       CNY     35.00
SINO-OCEAN HOLDING GROUP     5.00     08/19/25       CNY     36.00
SINO-OCEAN HOLDING GROUP     4.20     05/12/26       CNY     38.50
SINO-OCEAN HOLDING GROUP     4.60     01/21/24       CNY     40.00
SINO-OCEAN HOLDING GROUP     4.00     08/02/23       CNY     59.00
SINO-OCEAN HOLDING GROUP     4.30     02/26/23       CNY     62.00
SINO-OCEAN HOLDING GROUP     3.35     04/24/23       CNY     67.80
SIXIAN CITY CONSCTRUCTION    6.50     04/16/25       CNY     60.00
SIXIAN CITY CONSCTRUCTION    6.50     04/16/25       CNY     63.20
SIYANG COUNTY MINKANG RUR    4.94     01/21/23       CNY     20.20
SIYANG COUNTY MINKANG RUR    4.94     01/21/23       CNY     20.56
SIYANG COUNTY MINKANG RUR    7.40     07/31/24       CNY     42.06
SIYANG COUNTY MINKANG RUR    7.40     07/31/24       CNY     42.07
SIYANG JIADING INDUSTRIAL    7.50     04/27/25       CNY     63.62
SIYANG JIADING INDUSTRIAL    7.50     04/27/25       CNY     63.63
SUINING COUNTY RUNQI INVE    5.42     11/20/22       CNY     20.00
SUINING COUNTY RUNQI INVE    5.42     11/20/22       CNY     20.13
SUINING COUNTY RUNQI INVE    6.78     11/02/24       CNY     60.80
SUINING COUNTY RUNQI INVE    6.78     11/02/24       CNY     61.91
SUINING FUYUAN INDUSTRY C    5.34     12/02/23       CNY     39.39
SUINING FUYUAN INDUSTRY C    5.34     12/02/23       CNY     39.82
SUINING KAIDA INVESTMENT     4.89     04/08/23       CNY     19.91
SUINING KAIDA INVESTMENT     4.89     04/08/23       CNY     19.95
SUINING ROUGANG INVESTMEN    5.65     01/24/24       CNY     40.44
SUINING ROUGANG INVESTMEN    6.80     08/02/24       CNY     41.33
SUINING ROUGANG INVESTMEN    6.80     08/02/24       CNY     41.34
SUINING TIANTAI INDUSTRIA    5.98     03/28/24       CNY     40.98
SUINING TIANTAI INDUSTRIA    5.98     03/28/24       CNY     40.99
SUINING TIANTAI INDUSTRIA    6.80     11/01/24       CNY     75.00
SUIZHOU DEVELOPMENT INVES    5.70     04/07/24       CNY     40.60
SUIZHOU DEVELOPMENT INVES    5.70     04/07/24       CNY     41.22
SUIZHOU DEVELOPMENT INVES    5.97     09/15/24       CNY     60.00
SUIZHOU DEVELOPMENT INVES    5.97     09/15/24       CNY     61.88
SUIZHOU HIGH-TECH INDUSTR    4.47     03/25/23       CNY     20.07
SUIZHOU HIGH-TECH INDUSTR    4.47     03/25/23       CNY     20.11
SUNAC REAL ESTATE GROUP C    7.00     04/02/25       CNY     21.00
SUNAC REAL ESTATE GROUP C    6.48     09/11/23       CNY     28.00
SUNAC REAL ESTATE GROUP C    6.80     08/16/23       CNY     28.00
SUNAC REAL ESTATE GROUP C    4.78     09/30/23       CNY     35.55
SUNING APPLIANCE GROUP CO    7.30     06/28/23       CNY     21.60
SUNING APPLIANCE GROUP CO    7.30     06/16/23       CNY     43.36
SUNING APPLIANCE GROUP CO    7.30     01/29/23       CNY     48.43
SUNING APPLIANCE GROUP CO    7.30     05/10/23       CNY     49.31
SUNSHINE KAIDI NEW ENERGY    6.80     06/02/21       CNY      1.00
SUQIAN CITY CONSTRUCTION     5.30     07/11/24       CNY     40.94
SUQIAN CITY CONSTRUCTION     5.30     07/11/24       CNY     40.99
SUQIAN CITY CONSTRUCTION     6.44     12/26/24       CNY     62.14
SUQIAN CITY CONSTRUCTION     6.44     12/26/24       CNY     62.28
SUQIAN ECONOMIC DEVELOPME    5.40     04/20/24       CNY     41.13
SUQIAN ECONOMIC DEVELOPME    5.40     04/20/24       CNY     41.88
SUQIAN HI-TECH DEVELOPMEN    6.97     07/20/25       CNY     60.00
SUQIAN HUBIN XINCHENG INV    6.85     08/02/24       CNY     38.10
SUQIAN HUBIN XINCHENG INV    6.85     08/02/24       CNY     39.91
SUQIAN HUBIN XINCHENG INV    6.93     08/25/24       CNY     52.32
SUQIAN HUBIN XINCHENG INV    6.93     08/25/24       CNY     62.18
SUQIAN YUFENG ASSET MANAG    5.50     04/21/24       CNY     40.83
SUQIAN YUFENG ASSET MANAG    5.50     04/21/24       CNY     44.26
SUZHOU CITY CONSTRUCTION     3.89     03/24/23       CNY     20.10
SUZHOU CITY CONSTRUCTION     3.89     03/24/23       CNY     20.19
SUZHOU CITY HENGCHENG CON    4.40     03/01/23       CNY     20.13
SUZHOU CITY HENGCHENG CON    4.40     03/01/23       CNY     20.21
SUZHOU MAANSHAN INVESTMEN    6.10     08/03/24       CNY     41.45
SUZHOU MAANSHAN INVESTMEN    6.10     08/03/24       CNY     41.71
SUZHOU MUDU URBAN RURAL I    4.94     04/16/24       CNY     71.70
SUZHOU MUDU URBAN RURAL I    4.94     04/16/24       CNY     72.05
SUZHOU NEW & HIGH-TECH IN    4.18     03/23/23       CNY     20.06
SUZHOU NEW & HIGH-TECH IN    4.18     03/23/23       CNY     20.21
SUZHOU NEW AREA CONSTRUCT    5.98     08/04/24       CNY     40.00
SUZHOU NEW AREA CONSTRUCT    5.98     08/04/24       CNY     41.01
SUZHOU WUZHONG CITY CONST    6.50     02/01/25       CNY     60.00
SUZHOU WUZHONG CITY CONST    5.90     11/06/24       CNY     60.00
SUZHOU WUZHONG CITY CONST    5.90     11/06/24       CNY     62.25
SUZHOU WUZHONG CITY CONST    6.50     02/01/25       CNY     62.36
TAHOE GROUP CO LTD           6.00     05/25/21       CNY     10.00
TAHOE GROUP CO LTD           7.20     05/25/21       CNY     10.00
TAHOE GROUP CO LTD           7.50     10/10/20       CNY     29.60
TAHOE GROUP CO LTD           8.50     08/02/21       CNY     30.00
TAHOE GROUP CO LTD           7.50     08/15/20       CNY     32.33
TAIAN TAISHAN HOLDINGS CO    5.50     04/26/23       CNY     20.05
TAIAN TAISHAN HOLDINGS CO    5.50     04/26/23       CNY     20.17
TAICANG SCIENCE EDUCATION    5.54     08/28/22       CNY     20.00
TAICANG SCIENCE EDUCATION    5.54     08/28/22       CNY     25.80
TAIHE STATE OWN ASSET INV    5.87     08/07/24       CNY     41.61
TAIHE STATE OWN ASSET INV    5.87     08/07/24       CNY     43.35
TAIXING HONGQIAO PARK IND    5.03     10/29/22       CNY     19.60
TAIXING HONGQIAO PARK IND    5.03     10/29/22       CNY     20.02
TAIZHOU CITY CONSTRUCTION    6.92     10/16/23       CNY     30.75
TAIZHOU CITY HUANGYAN DIS    6.10     08/01/24       CNY     41.13
TAIZHOU CITY HUANGYAN DIS    6.10     08/01/24       CNY     41.77
TAIZHOU CITY HUANGYAN DIS    6.22     09/14/24       CNY     61.85
TAIZHOU CITY HUANGYAN DIS    6.22     09/14/24       CNY     62.05
TAIZHOU FENGCHENGHE CONST    7.90     12/29/24       CNY     60.00
TAIZHOU FENGCHENGHE CONST    7.90     12/29/24       CNY     63.63
TAIZHOU GAOGANG HI-TECH D    5.54     06/22/24       CNY     41.54
TAIZHOU GAOGANG HI-TECH D    5.54     06/22/24       CNY     41.64
TAIZHOU HAILING CITY DEVE    4.60     12/14/22       CNY     20.07
TAIZHOU HAILING CITY DEVE    4.60     12/14/22       CNY     20.17
TAIZHOU JINDONG URBAN CON    5.10     06/02/23       CNY     20.31
TAIZHOU JINDONG URBAN CON    5.10     06/02/23       CNY     20.31
TAIZHOU XINTAI GROUP CO L    4.07     03/23/23       CNY     20.11
TAIZHOU XINTAI GROUP CO L    4.07     03/23/23       CNY     20.13
TANGSHAN FINANCIAL HOLDIN    7.60     05/16/25       CNY     57.50
TANGSHAN FINANCIAL HOLDIN    7.60     05/16/25       CNY     63.95
TAOYUAN COUNTY ECONOMIC D    7.00     12/08/24       CNY     60.00
TAOYUAN COUNTY ECONOMIC D    7.00     12/08/24       CNY     62.64
TEMPUS GROUP CO LTD          7.50     06/07/20       CNY     12.00
TIANCHANG CITY CONSTRUCTI    4.99     12/05/23       CNY     40.28
TIANGUANG ZHONGMAO CO LTD    6.00     10/27/21       CNY     14.00
TIANJIN BOHAI STATE-OWNED    3.82     04/18/23       CNY     19.69
TIANJIN BOHAI STATE-OWNED    3.82     04/18/23       CNY     20.08
TIANJIN BOHAI STATE-OWNED    4.10     04/18/26       CNY     60.88
TIANJIN DONGLI CITY INFRA    4.28     12/02/22       CNY     20.09
TIANJIN ECONOMIC TECHNOLO    6.50     12/03/22       CNY     15.03
TIANJIN ECONOMIC TECHNOLO    6.50     12/03/22       CNY     15.12
TIANJIN GUANGCHENG INVEST    6.97     02/22/23       CNY     15.20
TIANJIN INFRASTRUCTURE CO    5.70     02/26/23       CNY     14.80
TIANJIN INFRASTRUCTURE CO    5.70     02/26/23       CNY     15.22
TIANJIN METRO GROUP CO LT    4.27     10/16/25       CNY     60.92
TIANJIN METRO GROUP CO LT    4.27     10/16/25       CNY     64.00
TIANJIN NINGHE INVESTMENT    5.50     04/22/23       CNY     20.00
TIANJIN NINGHE INVESTMENT    5.50     04/22/23       CNY     20.28
TIANJIN RAILWAY CONSTRUCT    5.58     04/13/25       CNY     45.60
TIANJIN RAILWAY CONSTRUCT    5.58     04/13/25       CNY     45.76
TIANJIN REAL ESTATE GROUP    7.70     03/16/21       CNY     21.49
TIANJIN REAL ESTATE GROUP    4.50     09/29/20       USD     73.85
TIANJIN STATE-OWNED CAPIT    1.60     12/17/39       USD     21.17
TIANJIN STATE-OWNED CAPIT    0.15     12/17/26       USD     23.00
TIANJIN STATE-OWNED CAPIT    1.55     12/17/29       USD     24.53
TIANJIN WUQING STATE-OWNE    4.15     11/17/22       CNY     20.11
TIANMEN CITY CONSTRUCTION    3.98     11/15/23       CNY     39.93
TIANMEN CITY CONSTRUCTION    3.98     11/15/23       CNY     40.15
TONGCHENG CITY CONSTRUCTI    7.50     07/23/25       CNY     60.00
TONGCHENG CITY CONSTRUCTI    6.60     12/18/24       CNY     60.00
TONGCHENG CITY CONSTRUCTI    6.60     12/18/24       CNY     61.54
TONGCHENG CITY CONSTRUCTI    7.50     07/23/25       CNY     64.12
TONGLING CONSTRUCTION INV    4.12     03/14/23       CNY     20.00
TONGLING CONSTRUCTION INV    4.12     03/14/23       CNY     20.16
TONGLING CONSTRUCTION INV    5.77     07/31/24       CNY     40.00
TONGLING CONSTRUCTION INV    5.80     08/16/24       CNY     41.24
TONGLING CONSTRUCTION INV    5.77     07/31/24       CNY     41.58
TONGLING CONSTRUCTION INV    5.80     08/16/24       CNY     42.07
TSINGHUA UNIGROUP CO LTD     5.11     01/25/24       CNY     16.88
TSINGHUA UNIGROUP CO LTD     5.20     12/10/23       CNY     16.88
TSINGHUA UNIGROUP CO LTD     5.85     03/27/22       CNY     16.88
TSINGHUA UNIGROUP CO LTD     6.00     08/14/22       CNY     25.50
TSINGHUA UNIGROUP CO LTD     6.15     12/26/21       CNY     25.50
TSINGHUA UNIGROUP CO LTD     6.20     03/16/21       CNY     25.50
TSINGHUA UNIGROUP CO LTD     5.60     11/15/20       CNY     25.50
TUNGHSU GROUP CO LTD         8.18     10/25/21       CNY     22.00
WANGCHENG ECONOMIC DEVELO    3.75     07/13/23       CNY     20.16
WANGCHENG ECONOMIC DEVELO    3.75     07/13/23       CNY     20.20
WEICHI HOLDING GROUP CO L    6.18     07/24/24       CNY     40.00
WEICHI HOLDING GROUP CO L    6.18     07/24/24       CNY     40.99
WEICHI HOLDING GROUP CO L    7.20     04/13/25       CNY     60.00
WEICHI HOLDING GROUP CO L    7.20     04/13/25       CNY     63.71
WEIFANG BINHAI INVESTMENT    6.50     04/26/26       CNY     72.70
WEIFANG GONGXIN STATE-OWN    5.00     07/13/26       CNY     59.52
WEIFANG GONGXIN STATE-OWN    5.00     07/13/26       CNY     59.97
WEIHAI CENTRAL CITY STATE    6.05     11/02/24       CNY     59.86
WEIHAI CENTRAL CITY STATE    6.05     11/02/24       CNY     60.00
WEIHAI CITY SHUANGDAO BAY    5.32     04/28/24       CNY     41.00
WEIHAI ECONOMIC TECHNOLOG    5.80     08/23/24       CNY     41.00
WEIHAI ECONOMIC TECHNOLOG    5.80     08/23/24       CNY     60.00
WEIHAI LANCHUANG CONSTRUC    4.80     12/17/22       CNY     19.39
WEIHAI LANCHUANG CONSTRUC    4.80     12/17/22       CNY     19.78
WEIHAI LANCHUANG CONSTRUC    7.70     10/11/25       CNY     74.68
WEIHAI URBAN CONSTRUCTION    3.33     03/02/23       CNY     20.04
WEIHAI URBAN CONSTRUCTION    3.33     03/02/23       CNY     20.05
WEIHAI WENDENG DISTRICT B    3.64     10/26/23       CNY     40.01
WEIHAI WENDENG DISTRICT B    3.64     10/26/23       CNY     40.03
WEIHAI WENDENG URBAN PROP    4.80     05/26/23       CNY     19.90
WEIHAI WENDENG URBAN PROP    4.80     05/26/23       CNY     20.08
WENDENG GOLDEN BEACH INVE    3.97     03/21/23       CNY     20.00
WENDENG GOLDEN BEACH INVE    3.97     03/21/23       CNY     20.07
WENLING CITY STATE OWNED     5.73     04/19/25       CNY     62.52
WENLING CITY STATE OWNED     5.73     04/19/25       CNY     62.80
WENS FOODSTUFFS GROUP CO     3.26     10/29/30       USD     73.44
WENSHAN URBAN CONSTRUCTIO    4.50     09/13/23       CNY     39.16
WENSHAN URBAN CONSTRUCTIO    4.50     09/13/23       CNY     40.03
WENZHOU CITY CONSTRUCTION    4.05     01/25/23       CNY     20.10
WENZHOU CITY CONSTRUCTION    4.05     01/25/23       CNY     20.17
WENZHOU CITY CONSTRUCTION    5.00     04/26/23       CNY     20.22
WENZHOU CITY CONSTRUCTION    5.00     04/26/23       CNY     20.41
WENZHOU GANGCHENG DEVELOP    5.19     03/29/23       CNY     20.26
WENZHOU GANGCHENG DEVELOP    5.19     03/29/23       CNY     20.31
WENZHOU HIGH-TECH INDUSTR    5.90     09/18/24       CNY     61.50
WENZHOU HIGH-TECH INDUSTR    5.90     09/18/24       CNY     61.91
WENZHOU MINKE INDUSTRIAL     6.44     07/18/24       CNY     40.00
WENZHOU MINKE INDUSTRIAL     6.44     07/18/24       CNY     40.96
WENZHOU OUHAI NEW CITY CO    3.98     10/26/23       CNY     40.10
WENZHOU OUHAI NEW CITY CO    3.98     10/26/23       CNY     40.40
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
WUHAN CITY HUANPI DISTRIC    5.48     04/19/24       CNY     41.26
WUHAN CITY HUANPI DISTRIC    5.48     04/19/24       CNY     41.35
WUHAN HONGSHAN CITY CONST    5.68     08/10/24       CNY     40.78
WUHAN HONGSHAN CITY CONST    5.68     08/10/24       CNY     41.68
WUHAN HONGSHAN CITY CONST    5.68     10/12/24       CNY     60.87
WUHAN HONGSHAN CITY CONST    5.68     10/12/24       CNY     61.95
WUHAN QIAOKOU STATE OWNED    3.48     08/29/23       CNY     40.15
WUHAN QIAOKOU STATE OWNED    3.48     08/29/23       CNY     40.20
WUHAN URBAN CONSTRUCTION     4.99     06/15/24       CNY     50.00
WUHU COMMUNICATIONS INVES    4.50     04/28/23       CNY     20.15
WUHU COMMUNICATIONS INVES    4.50     04/28/23       CNY     20.21
WUHU COMMUNICATIONS INVES    3.58     09/23/23       CNY     40.02
WUHU COMMUNICATIONS INVES    3.58     09/23/23       CNY     40.15
WUHU JINGHU CONSTRUCTION     4.37     07/20/23       CNY     20.25
WUHU JINGHU CONSTRUCTION     4.37     07/20/23       CNY     20.35
WUHU JIUJIANG CONSTRUCTIO    3.96     03/21/23       CNY     20.20
WUHU JIUJIANG CONSTRUCTIO    3.96     03/21/23       CNY     20.21
WUHU XINMA INVESTMENT CO     4.87     11/04/22       CNY     20.07
WUHU XINMA INVESTMENT CO     6.00     04/10/25       CNY     62.63
WUSHENG CITY INVESTMENT C    7.05     11/03/24       CNY     60.00
WUSHENG CITY INVESTMENT C    7.05     11/03/24       CNY     61.68
WUXI EAST SCIENCE & TECHN    5.73     09/14/24       CNY     60.00
WUXI EAST SCIENCE & TECHN    5.73     09/14/24       CNY     61.46
WUXI FOOD SCIENCE PARK DE    5.70     09/28/24       CNY     61.00
WUXI FOOD SCIENCE PARK DE    5.70     09/28/24       CNY     61.72
WUXI HUIKAI ECONOMIC DEVE    4.16     04/08/23       CNY     20.17
WUXI TAIHU NEW CITY DEVEL    4.49     05/03/23       CNY     20.21
WUXI TAIHU NEW CITY DEVEL    4.49     05/03/23       CNY     20.25
WUXI TAIHU NEW CITY DEVEL    3.47     08/29/23       CNY     40.10
WUXI TAIHU NEW CITY DEVEL    3.47     08/29/23       CNY     42.00
WUXI XIDONG NEW TOWN CONS    3.92     11/09/23       CNY     40.33
WUXI XIDONG NEW TOWN CONS    3.92     11/09/23       CNY     40.33
WUYANG CONSTRUCTION GROUP    7.80     09/11/20       CNY     32.48
XIAMEN ZHONGJUN INDUSTRIA    6.50     08/01/23       CNY     63.38
XIAN FENGDONG DEVELOPMENT    4.67     01/08/23       CNY     20.08
XIAN FENGDONG DEVELOPMENT    4.67     01/08/23       CNY     20.10
XIAN HIGH-TECH ZONE CAOTA    6.49     04/25/25       CNY     61.00
XIAN HIGH-TECH ZONE CAOTA    6.49     04/25/25       CNY     63.18
XI'AN HI-TECH HOLDING CO     5.87     06/26/25       CNY     62.20
XI'AN HI-TECH HOLDING CO     6.12     12/27/24       CNY     62.38
XI'AN HI-TECH HOLDING CO     6.12     12/27/24       CNY     62.41
XI'AN HI-TECH HOLDING CO     5.87     06/26/25       CNY     62.79
XI'AN PIONEERING PARK DEV    6.20     05/02/24       CNY     40.60
XI'AN PIONEERING PARK DEV    6.20     05/02/24       CNY     40.61
XIANGCHENG LINGWU URBAN D    7.45     11/10/24       CNY     60.00
XIANGCHENG LINGWU URBAN D    7.45     11/10/24       CNY     62.67
XIANGSHUI GUANJIANG HOLDI    4.98     12/24/22       CNY     19.80
XIANGSHUI GUANJIANG HOLDI    4.98     12/24/22       CNY     20.06
XIANGTAN CITY INFRASTRCTU    3.95     08/04/23       CNY     19.32
XIANGTAN CITY INFRASTRCTU    3.60     08/04/23       CNY     19.61
XIANGTAN CITY INFRASTRCTU    3.95     08/04/23       CNY     19.62
XIANGTAN CITY INFRASTRCTU    3.60     08/04/23       CNY     20.01
XIANGTAN JIUHUA ECONOMIC     5.00     07/25/26       CNY     49.67
XIANGTAN JIUHUA ECONOMIC     5.00     07/25/26       CNY     62.23
XIANGXIANG CITY DONGSHAN     6.20     08/03/24       CNY     40.76
XIANGXIANG CITY DONGSHAN     6.20     08/03/24       CNY     41.42
XIANGXIANG ECONOMIC DISTR    5.28     09/09/23       CNY     39.14
XIANGXIANG ECONOMIC DISTR    5.28     09/09/23       CNY     39.32
XIANGXIANG URBAN CONSTRUC    5.84     05/18/23       CNY     19.99
XIANGXIANG URBAN CONSTRUC    5.84     05/18/23       CNY     20.34
XIANGXIANG URBAN CONSTRUC    7.50     10/27/24       CNY     60.00
XIANGXIANG URBAN CONSTRUC    7.50     10/27/24       CNY     62.68
XIANGYANG CITY HOUSING IN    6.10     12/15/24       CNY     61.00
XIANGYANG CITY HOUSING IN    6.10     12/15/24       CNY     62.67
XIANGYANG CITY XIANGZHOU     5.18     04/28/23       CNY     20.23
XIANGYANG CITY XIANGZHOU     5.18     04/28/23       CNY     20.27
XIANGYANG HIGH TECH STATE    6.25     06/12/24       CNY     41.63
XIANGYANG HIGH TECH STATE    6.25     06/12/24       CNY     41.70
XIANGYANG STATE-OWNED CAP    4.62     01/25/23       CNY     20.03
XIANGYANG STATE-OWNED CAP    4.62     01/25/23       CNY     20.16
XIANGYANG STATE-OWNED CAP    6.10     07/19/24       CNY     40.00
XIANGYANG STATE-OWNED CAP    6.10     07/19/24       CNY     41.35
XIANNING CITY CONSTRUCTIO    5.99     07/27/27       CNY     70.00
XIANNING HIGH-TECH INVEST    6.60     06/01/27       CNY     57.72
XIANNING HIGH-TECH INVEST    6.60     06/01/27       CNY     57.73
XIANTAO CITY CONSTRUCTION    4.59     04/18/23       CNY     20.26
XIANTAO CITY CONSTRUCTION    4.59     04/18/23       CNY     20.28
XIAOCHANG SHUNHE DEVELOPM    4.15     10/17/23       CNY     40.06
XIAOXIAN COUNTY DEVELOPME    4.85     06/22/23       CNY     20.23
XIAOXIAN COUNTY DEVELOPME    4.85     06/22/23       CNY     20.43
XIFENG COUNTY URBAN CONST    8.00     03/14/26       CNY     63.00
XINDONGGANG HOLDING GROUP    5.53     04/27/23       CNY     20.24
XINDONGGANG HOLDING GROUP    5.53     04/27/23       CNY     20.28
XINGAN COUNTY URBAN CONST    5.48     08/03/23       CNY     19.93
XINGAN COUNTY URBAN CONST    5.48     08/03/23       CNY     20.03
XINGAN LEAGUE URBAN DEVEL    6.18     12/21/22       CNY     14.16
XINGAN LEAGUE URBAN DEVEL    6.18     12/21/22       CNY     14.18
XINGNING YONGYE INFRASTRU    5.99     07/24/24       CNY     41.36
XINGYI XINHENG URBAN CONS    5.40     12/16/22       CNY     19.82
XINGYI XINHENG URBAN CONS    7.90     01/31/25       CNY     60.00
XINGYI XINHENG URBAN CONS    7.90     01/31/25       CNY     60.09
XINJIANG UYGUR AR HAMI CI    6.55     10/27/24       CNY     60.00
XINJIANG UYGUR AR HAMI CI    6.55     10/27/24       CNY     62.86
XINJIN NEW CITY DEVELOPME    7.30     10/23/24       CNY     60.00
XINJIN NEW CITY DEVELOPME    7.30     10/23/24       CNY     61.38
XINMI CAIYUAN CITY CONSTR    4.35     02/28/23       CNY     20.20
XINMI CAIYUAN CITY CONSTR    4.35     02/28/23       CNY     20.22
XINPING URBAN DEVELOPMENT    7.70     01/24/26       CNY     75.20
XINYI CITY INVESTMENT & D    4.30     01/19/23       CNY     19.92
XINYI CITY INVESTMENT & D    4.30     01/19/23       CNY     20.00
XINYI ECONOMIC DEVELOPMEN    6.66     09/27/24       CNY     54.50
XINYI ECONOMIC DEVELOPMEN    6.66     09/27/24       CNY     61.91
XINYI URBAN TRANSPORTATIO    5.35     04/24/24       CNY     40.95
XINYI URBAN TRANSPORTATIO    5.35     04/24/24       CNY     42.57
XINYU CITY SHANTYTOWN ZON    6.50     11/13/22       CNY     40.28
XIPING COUNTY INDUSTRIAL     7.50     12/26/24       CNY     60.00
XIPING COUNTY INDUSTRIAL     7.50     12/26/24       CNY     61.59
XISHUI COUNTY FENGZHU INV    6.52     07/28/24       CNY     40.89
XISHUI COUNTY FENGZHU INV    6.52     07/28/24       CNY     42.50
XIWANG GROUP CO LTD          7.80     12/03/22       CNY     49.94
XUANCHENG STATE-OWNED ASS    4.12     04/07/23       CNY     20.14
XUANCHENG STATE-OWNED ASS    4.12     04/07/23       CNY     20.25
XUCHANG GENERAL INVESTMEN    5.74     08/17/24       CNY     41.52
XUZHOU CITY JIAWANG CONST    4.00     03/23/23       CNY     20.04
XUZHOU CITY JIAWANG CONST    4.00     03/23/23       CNY     20.39
XUZHOU CITY TONGSHAN DIST    5.23     09/18/22       CNY     20.03
XUZHOU CITY TONGSHAN DIST    5.23     09/18/22       CNY     20.34
XUZHOU HI-TECH INDUSTRIAL    3.78     11/11/23       CNY     40.16
XUZHOU HI-TECH INDUSTRIAL    3.78     11/11/23       CNY     40.40
YAN'AN NEW CITY CONSTRUCT    5.60     04/21/24       CNY     40.82
YAN'AN NEW CITY CONSTRUCT    5.60     04/21/24       CNY     40.85
YANCHENG GUANDONG ECONOMI    6.42     05/16/24       CNY     40.80
YANCHENG GUANDONG ECONOMI    6.42     05/16/24       CNY     41.63
YANCHENG HIGH-TECH ZONE I    3.90     12/14/22       CNY     20.07
YANCHENG HIGH-TECH ZONE I    3.90     12/14/22       CNY     20.13
YANCHENG SOUTH DISTRICT D    6.00     03/19/25       CNY     62.92
YANCHENG YANDU DISTRICT S    3.67     03/17/23       CNY     19.18
YANCHENG YANDU DISTRICT S    3.67     03/17/23       CNY     20.08
YANGO GROUP CO LTD           6.95     04/24/24       CNY     10.61
YANGO GROUP CO LTD           6.90     01/22/26       CNY     16.74
YANGO GROUP CO LTD           7.30     04/24/25       CNY     16.80
YANGO GROUP CO LTD           7.50     03/22/22       CNY     20.00
YANGO GROUP CO LTD           6.67     10/14/25       CNY     22.00
YANGO GROUP CO LTD           7.00     08/24/24       CNY     22.00
YANGO GROUP CO LTD           6.80     10/28/24       CNY     22.90
YANGO GROUP CO LTD           6.80     07/23/25       CNY     55.50
YANGO GROUP CO LTD           6.92     01/29/25       CNY     55.50
YANGO GROUP CO LTD           6.60     06/23/24       CNY     55.50
YANGO GROUP CO LTD           7.40     03/24/22       CNY     55.50
YANGXIN TOWN CONSTRUCTION    6.50     04/26/24       CNY     40.72
YANGXIN TOWN CONSTRUCTION    6.50     04/26/24       CNY     41.32
YANGZHONG TRANSPORTATION     4.95     04/07/23       CNY     20.19
YANGZHONG TRANSPORTATION     4.95     04/07/23       CNY     20.19
YANGZHONG TRANSPORTATION     4.98     04/07/23       CNY     20.26
YANGZHONG TRANSPORTATION     4.98     04/07/23       CNY     20.29
YANGZHOU ECONOMIC & TECHN    5.28     07/06/24       CNY     41.13
YANGZHOU ECONOMIC & TECHN    5.28     07/06/24       CNY     42.40
YANGZHOU GUANGLING NEW CI    3.62     09/07/23       CNY     39.70
YANGZHOU GUANGLING NEW CI    3.62     09/07/23       CNY     40.01
YANGZHOU NEW MATERIAL INV    6.80     10/09/24       CNY     60.00
YANGZHOU NEW MATERIAL INV    6.80     10/09/24       CNY     61.32
YI CHENG CONSTRUCTION INV    5.44     04/27/23       CNY     20.17
YI ZHENG CITY DEVELOPMENT    4.63     01/08/23       CNY     20.00
YI ZHENG CITY DEVELOPMENT    4.63     01/08/23       CNY     20.10
YIBIN NANXI CAIYUAN STATE    8.10     07/24/25       CNY     60.00
YIBIN NANXI CAIYUAN STATE    8.10     07/24/25       CNY     65.38
YICHANG HIGH-TECH INVESTM    4.80     12/15/22       CNY     20.00
YICHANG HIGH-TECH INVESTM    3.74     07/21/23       CNY     20.05
YICHANG HIGH-TECH INVESTM    3.74     07/21/23       CNY     20.09
YICHANG HIGH-TECH INVESTM    4.80     12/15/22       CNY     20.15
YICHANG HIGH-TECH INVESTM    6.10     05/18/24       CNY     41.20
YICHANG HIGH-TECH INVESTM    6.10     05/18/24       CNY     41.62
YICHANG WUJIA NEW CITY IN    6.50     04/20/24       CNY     41.29
YICHANG WUJIA NEW CITY IN    6.50     04/20/24       CNY     41.29
YIHUA LIFESTYLE TECHNOLOG    6.88     07/23/20       CNY     35.00
YIHUA LIFESTYLE TECHNOLOG    6.88     07/16/20       CNY     35.90
YINGCHENG CITY PUYANG DEV    6.50     04/14/24       CNY     40.63
YINGCHENG CITY PUYANG DEV    6.50     04/14/24       CNY     41.26
YINGKOU BEIHAI NEW CITY D    7.19     07/12/24       CNY     40.32
YINGKOU BEIHAI NEW CITY D    7.19     07/12/24       CNY     41.52
YINGKOU BEIHAI NEW CITY D    7.98     01/25/25       CNY     60.00
YINGKOU BEIHAI NEW CITY D    7.98     01/25/25       CNY     62.99
YINGKOU ECO & TECH DEVELO    5.20     08/05/23       CNY     19.52
YINGKOU ECO & TECH DEVELO    5.20     08/05/23       CNY     20.32
YINGKOU ECO & TECH DEVELO    6.98     04/19/24       CNY     39.67
YINGKOU ECO & TECH DEVELO    6.98     04/19/24       CNY     41.58
YINGKOU LAOBIAN CITY CONS    4.98     03/11/23       CNY     19.59
YINGKOU LAOBIAN CITY CONS    4.98     03/11/23       CNY     19.83
YINGKOU LAOBIAN CITY CONS    5.63     12/16/22       CNY     20.09
YINGTAN STATE-OWNED ASSET    7.50     12/12/22       CNY     15.21
YINGTAN STATE-OWNED ASSET    7.50     12/12/22       CNY     15.21
YINING CITY STATE OWNED A    5.37     09/24/22       CNY     19.99
YINING CITY STATE OWNED A    5.37     09/24/22       CNY     20.01
YIWU CITY CONSTRUCTION IN    4.31     12/07/22       CNY     20.10
YIWU CITY CONSTRUCTION IN    5.48     08/18/24       CNY     40.00
YIWU CITY CONSTRUCTION IN    5.48     08/18/24       CNY     61.20
YIXING TUOYE INDUSTRIAL C    5.99     04/13/25       CNY     63.10
YIYANG CITY CONSTRUCTION     6.43     04/24/25       CNY     61.28
YIYANG CITY CONSTRUCTION     6.43     04/24/25       CNY     63.21
YIYANG COUNTY CITY CONSTR    7.50     06/07/25       CNY     60.00
YIYANG COUNTY CITY CONSTR    7.50     06/07/25       CNY     64.46
YIYANG PROVINCE AREA INNO    4.95     10/13/23       CNY     39.03
YIYANG PROVINCE AREA INNO    5.16     11/23/23       CNY     39.70
YIYANG PROVINCE AREA INNO    5.16     11/23/23       CNY     39.97
YIYANG PROVINCE AREA INNO    4.95     10/13/23       CNY     40.24
YIYUAN HONGDING ASSET OPE    7.50     08/17/25       CNY     50.01
YIYUAN HONGDING ASSET OPE    7.50     08/17/25       CNY     64.92
YIZHANG XINGYI CONSTRUCTI    5.49     09/02/24       CNY     54.85
YIZHANG XINGYI CONSTRUCTI    5.49     09/02/24       CNY     55.55
YIZHENG SHI'ERWEI NEW ARE    6.77     08/22/24       CNY     41.15
YONG ZHOU CITY DEVELOPMEN    5.30     07/13/24       CNY     41.10
YONG ZHOU CITY DEVELOPMEN    5.30     07/13/24       CNY     41.21
YONGCHENG COAL & ELECTRIC    7.50     02/02/21       CNY     39.88
YONGXING YINDU INVESTMENT    5.60     03/24/23       CNY     20.04
YONGXING YINDU INVESTMENT    5.60     03/24/23       CNY     20.13
YONGXING YINDU INVESTMENT    6.50     08/14/24       CNY     38.60
YONGXING YINDU INVESTMENT    6.93     07/07/24       CNY     40.00
YONGXING YINDU INVESTMENT    6.93     07/07/24       CNY     40.30
YONGXING YINDU INVESTMENT    6.50     08/14/24       CNY     41.23
YONGXIU CITY CONSTRUCTION    7.50     05/02/25       CNY     60.00
YONGXIU CITY CONSTRUCTION    7.50     05/02/25       CNY     63.64
YUANAN COUNTY QIFENG CITY    5.50     05/27/23       CNY     20.19
YUANAN COUNTY QIFENG CITY    5.50     05/27/23       CNY     20.31
YUANLING CHENZHOU INVESTM    6.50     11/30/24       CNY     60.00
YUANLING CHENZHOU INVESTM    6.50     09/20/24       CNY     60.00
YUANLING CHENZHOU INVESTM    6.50     09/20/24       CNY     61.38
YUANLING CHENZHOU INVESTM    6.50     11/30/24       CNY     61.61
YUDU ZHENXING INVESTMENT     7.50     05/03/25       CNY     60.00
YUDU ZHENXING INVESTMENT     7.50     05/03/25       CNY     64.32
YUEYANG HUIHUA URBAN INVE    5.78     04/18/24       CNY     40.72
YUEYANG HUIHUA URBAN INVE    5.78     04/18/24       CNY     41.07
YUEYANG HUIHUA URBAN INVE    5.96     07/26/24       CNY     41.08
YUEYANG HUIHUA URBAN INVE    5.96     07/26/24       CNY     41.38
YUEYANG URBAN CONSTRUCTIO    4.80     01/27/26       CNY     62.26
YUEYANG URBAN CONSTRUCTIO    4.80     01/27/26       CNY     62.29
YUEYANG YUNXI CITY CONSTR    6.00     07/08/23       CNY     19.58
YUEYANG YUNXI CITY CONSTR    5.18     11/21/23       CNY     39.07
YUHUAN CITY CONSTRUCTION     5.10     05/03/23       CNY     20.14
YUHUAN CITY CONSTRUCTION     5.10     05/03/23       CNY     20.28
YUHUAN CITY CONSTRUCTION     3.72     10/21/23       CNY     39.94
YUHUAN CITY CONSTRUCTION     3.72     10/21/23       CNY     40.26
YUNCHENG SHUIHU CITY CONS    4.54     11/21/23       CNY     40.04
YUNCHENG SHUIHU CITY CONS    4.54     11/21/23       CNY     40.05
YUNCHENG URBAN CONSTRUCTI    6.30     08/29/24       CNY     59.04
YUNCHENG URBAN CONSTRUCTI    6.30     08/29/24       CNY     59.75
YUNYANG RENHE INVESTMENT     7.49     05/04/25       CNY     64.30
YUNYANG RENHE INVESTMENT     7.49     05/04/25       CNY     64.32
YUZHOU GENERAL INVESTMENT    4.68     01/19/23       CNY     20.00
YUZHOU GENERAL INVESTMENT    4.68     01/19/23       CNY     20.10
ZAOYANG CITY CONSTRUCTION    5.50     03/22/23       CNY     20.26
ZAOYANG CITY CONSTRUCTION    5.50     03/22/23       CNY     20.29
ZHANGJIAGANG ECONOMY DEVE    3.95     03/22/23       CNY     20.00
ZHANGJIAGANG ECONOMY DEVE    3.95     03/22/23       CNY     20.20
ZHANGJIAJIE ECONOMIC DEVE    6.47     07/24/27       CNY     62.50
ZHANGJIAJIE ECONOMIC DEVE    6.47     07/24/27       CNY     64.65
ZHANGQIU STATE OWNED ASSE    3.69     08/09/23       CNY     20.15
ZHANGQIU STATE OWNED ASSE    3.69     08/09/23       CNY     20.25
ZHANGSHU STATE-OWNED ASSE    4.80     06/22/23       CNY     20.29
ZHANGSHU STATE-OWNED ASSE    4.80     06/22/23       CNY     22.67
ZHAODONG DONGSHENG CONSTR    6.50     01/20/24       CNY     40.93
ZHAODONG DONGSHENG CONSTR    6.50     01/20/24       CNY     41.05
ZHAOQING HI-TECH ZONE CON    3.97     08/26/23       CNY     39.92
ZHAOQING HI-TECH ZONE CON    3.97     08/26/23       CNY     40.25
ZHEJIANG BINHAI NEW CITY     4.65     12/23/22       CNY     20.18
ZHEJIANG BINHAI NEW CITY     4.65     12/23/22       CNY     20.30
ZHEJIANG HANGZHOU QINGSHA    5.99     06/30/24       CNY     41.42
ZHEJIANG HANGZHOU QINGSHA    5.99     06/30/24       CNY     41.42
ZHEJIANG HUISHENG INVESTM    4.49     03/15/24       CNY     40.00
ZHEJIANG HUISHENG INVESTM    4.49     03/15/24       CNY     40.74
ZHEJIANG OUHAI CONSTRUCTI    4.83     01/21/23       CNY     20.13
ZHEJIANG OUHAI CONSTRUCTI    4.83     01/21/23       CNY     20.29
ZHEJIANG TIANTAI STATE-OW    6.50     11/22/24       CNY     60.00
ZHEJIANG TIANTAI STATE-OW    6.50     11/22/24       CNY     62.89
ZHEJIANG WUYI CITY CONSTR    8.00     08/10/25       CNY     60.00
ZHEJIANG WUYI CITY CONSTR    8.00     08/10/25       CNY     63.88
ZHENGZHOU AIRPORT ECONOMY    4.27     07/20/26       CNY     40.16
ZHENGZHOU AIRPORT ECONOMY    4.27     07/20/26       CNY     54.85
ZHENGZHOU GENERAL AVIATIO    5.98     06/27/24       CNY     40.00
ZHENGZHOU GENERAL AVIATIO    5.98     06/27/24       CNY     41.54
ZHENGZHOU GENERAL AVIATIO    5.80     10/18/24       CNY     60.00
ZHENGZHOU GENERAL AVIATIO    5.80     10/18/24       CNY     61.88
ZHENGZHOU MOUZHONG DEVELO    4.59     04/18/23       CNY     20.16
ZHENGZHOU MOUZHONG DEVELO    4.59     04/18/23       CNY     20.16
ZHENJIANG DANTU DISTRICT     5.98     11/06/24       CNY     62.11
ZHENJIANG DANTU DISTRICT     5.98     11/06/24       CNY     62.50
ZHENJIANG NEW AREA URBAN     5.31     07/14/23       CNY     20.06
ZHENJIANG NEW AREA URBAN     5.31     07/14/23       CNY     20.28
ZHENRO REAL ESTATE HOLDIN    5.45     09/14/24       CNY     25.03
ZHIJIANG STATE-OWNED ASSE    4.78     01/11/23       CNY     19.40
ZHIJIANG STATE-OWNED ASSE    4.38     03/28/23       CNY     20.10
ZHIJIANG STATE-OWNED ASSE    4.78     01/11/23       CNY     20.13
ZHIJIANG WANYUN COMMUNICA    7.00     08/29/24       CNY     62.54
ZHONGSHAN TORCH DEVELOPME    5.79     03/23/24       CNY     41.32
ZHONGXIANG CITY CONSTRUCT    6.50     09/01/24       CNY     61.89
ZHONGXIANG CITY CONSTRUCT    6.50     09/01/24       CNY     61.90
ZHOUSHAN CITY INVESTMENT     6.33     04/04/25       CNY     63.20
ZHOUSHAN CITY INVESTMENT     6.33     04/04/25       CNY     63.56
ZHOUSHAN ISLANDS NEW DIST    6.98     10/22/22       CNY     25.18
ZHOUSHAN ISLANDS NEW DIST    6.98     10/22/22       CNY     25.40
ZHUCHENG ECONOMIC DEVELOP    5.37     07/12/24       CNY     40.46
ZHUCHENG ECONOMIC DEVELOP    5.37     07/12/24       CNY     41.00
ZHUHAI HUIHUA INFRASTRUCT    4.70     06/27/23       CNY     20.20
ZHUHAI HUIHUA INFRASTRUCT    4.70     06/27/23       CNY     20.30
ZHUJI CITY EAST NEW TOWN     3.89     08/26/23       CNY     40.00
ZHUJI CITY EAST NEW TOWN     3.89     08/26/23       CNY     40.31
ZHUJI STATE-OWNED ASSETS     5.23     07/18/24       CNY     41.20
ZHUJI STATE-OWNED ASSETS     5.23     07/18/24       CNY     41.39
ZHUJI STATE-OWNED ASSETS     5.34     06/28/24       CNY     41.43
ZHUJI STATE-OWNED ASSETS     5.34     06/28/24       CNY     42.50
ZHUZHOU GECKOR GROUP CO L    3.78     09/28/23       CNY     39.97
ZHUZHOU GECKOR GROUP CO L    3.78     09/28/23       CNY     40.00
ZHUZHOU HI-TECH AUTO EXPO    4.47     11/03/23       CNY     49.42
ZHUZHOU LUSONG STATE OWNE    7.00     01/30/25       CNY     62.70
ZHUZHOU LVXIANG INVESTMEN    7.09     08/16/24       CNY     33.69
ZHUZHOU LVXIANG INVESTMEN    7.09     08/16/24       CNY     41.44
ZHUZHOU RAILWAY INDUSTRY     7.50     09/25/24       CNY     60.65
ZHUZHOU RECYCLING ECONOMI    4.38     03/24/23       CNY     18.73
ZHUZHOU RECYCLING ECONOMI    4.38     03/24/23       CNY     19.38
ZHUZHOU XIANGJIAN INVESTM    6.40     08/09/24       CNY     40.00
ZHUZHOU XIANGJIAN INVESTM    6.40     08/09/24       CNY     41.13
ZHUZHOU XIANGJIANG SCENIC    5.39     11/25/22       CNY     20.01
ZHUZHOU XIANGJIANG SCENIC    5.39     11/25/22       CNY     20.04
ZIBO BANYANG CITY URBAN A    5.50     09/09/22       CNY     20.00
ZIBO BANYANG CITY URBAN A    5.50     09/09/22       CNY     20.01
ZIBO BOSHAN STATE OWNED A    5.63     03/29/24       CNY     40.56
ZIBO BOSHAN STATE OWNED A    5.63     03/29/24       CNY     40.90
ZIBO HIGH TECH CITY INVES    5.28     08/10/24       CNY     41.28
ZIGUI COUNTY CHUYUAN HOLD    7.08     08/14/27       CNY     70.00
ZIXING CHENGCHENG INVESTM    6.18     08/09/24       CNY     40.00
ZIXING CHENGCHENG INVESTM    6.18     08/09/24       CNY     40.70
ZIXING CHENGCHENG INVESTM    6.20     03/16/24       CNY     41.26
ZIXING CHENGCHENG INVESTM    6.20     03/16/24       CNY     41.28
ZIXING CITY DEVELOPMENT I    6.00     05/03/24       CNY     40.84
ZIXING CITY DEVELOPMENT I    6.00     05/03/24       CNY     41.07
ZIXING CITY DEVELOPMENT I    6.30     09/26/24       CNY     60.00
ZIXING CITY DEVELOPMENT I    6.30     09/26/24       CNY     60.91
ZIYANG KAILI INVESTMENT C    8.00     02/14/26       CNY     69.91
ZIYANG WATER INVESTMENT C    3.97     03/17/23       CNY     19.53
ZIYANG WATER INVESTMENT C    3.97     03/17/23       CNY     19.65
ZIZHONG COUNTY XINGZI INV    5.97     01/18/23       CNY     19.68
ZIZHONG COUNTY XINGZI INV    5.97     01/18/23       CNY     20.16
ZONGYANG INVESTMENT DEVEL    5.85     04/25/24       CNY     40.00
ZONGYANG INVESTMENT DEVEL    5.85     04/25/24       CNY     41.38
ZUNYI BOZHOU URBAN CONSTR    6.60     07/06/24       CNY     41.20
ZUNYI BOZHOU URBAN CONSTR    6.60     07/06/24       CNY     41.21
ZUNYI BOZHOU URBAN CONSTR    7.85     10/24/24       CNY     54.00
ZUNYI BOZHOU URBAN CONSTR    7.85     10/24/24       CNY     57.67
ZUNYI CITY XIANGJIANG INV    6.99     09/25/24       CNY     61.69
ZUNYI ECONOMIC DEVELOPMEN    4.87     01/22/23       CNY     19.39
ZUNYI ECONOMIC DEVELOPMEN    7.48     08/17/24       CNY     40.86
ZUNYI HONGHUAGANG DISTRIC    5.05     06/27/23       CNY     18.65
ZUNYI HONGHUAGANG DISTRIC    5.05     06/27/23       CNY     20.14
ZUNYI HONGHUAGANG DISTRIC    6.98     07/25/24       CNY     36.99
ZUNYI HONGHUAGANG DISTRIC    6.98     07/25/24       CNY     41.46
ZUNYI NEW DISTRICT DEVELO    5.99     04/07/26       CNY     33.68
ZUNYI NEW DISTRICT DEVELO    5.99     04/07/26       CNY     39.38
ZUNYI ROAD & BRIDGE CONST    6.10     04/27/23       CNY     23.80
ZUNYI ROAD & BRIDGE CONST    6.10     04/27/23       CNY     24.60
ZUNYI TRAFFIC TRAVEL INVE    7.70     09/27/27       CNY     63.25
ZUNYI TRAFFIC TRAVEL INVE    7.80     03/07/29       CNY     75.21
ZUNYI URBAN CONSTRUCTION     7.50     05/20/24       CNY     63.19


   HONG KONG
   ---------

AIRPORT AUTHORITY            2.63     02/04/51       USD     69.79
AIRPORT AUTHORITY            2.63     02/04/51       USD     69.88
CHINA SOUTH CITY HOLDINGS    9.00     12/11/24       USD     39.67
CHINA SOUTH CITY HOLDINGS    9.00     10/09/24       USD     40.33
CHINA SOUTH CITY HOLDINGS    9.00     07/20/24       USD     44.32
CHINA SOUTH CITY HOLDINGS    9.00     06/26/24       USD     49.11
CHINA SOUTH CITY HOLDINGS    9.00     04/12/24       USD     54.45
CNAC HK FINBRIDGE CO LTD     3.70     09/22/50       USD     70.76
DR PENG HOLDING HONGKONG     2.50     12/01/25       USD     44.14
GEMDALE EVER PROSPERITY I    4.95     08/12/24       USD     65.30
HAINAN AIRLINES HONG KONG   12.00     10/29/21       USD      2.81
HKCG FINANCE LTD             2.57     06/29/50       HKD     69.16
HKCG FINANCE LTD             2.57     05/26/50       HKD     69.20
HNA GROUP INTERNATIONAL C    6.25     10/05/21       USD     18.95
HONG KONG GOVERNMENT INTE    2.38     02/02/51       USD     69.34
HONG KONG GOVERNMENT INTE    2.38     02/02/51       USD     69.61
HONG KONG MORTGAGE CORP L    2.65     07/26/49       HKD     72.86
LAI SUN MTN LTD              5.00     07/28/26       USD     73.26
MTR CORP LTD                 2.55     06/24/55       HKD     68.70
MTR CORP LTD                 2.88     07/27/46       USD     72.65
VANKE REAL ESTATE HONG KO    3.50     11/12/29       USD     71.55
XIAOMI BEST TIME INTERNAT    4.10     07/14/51       USD     63.29
XIAOMI BEST TIME INTERNAT    4.10     07/14/51       USD     63.34
YANGO JUSTICE INTERNATION    5.30     01/11/22       USD      5.09
YANGO JUSTICE INTERNATION    7.50     04/15/24       USD      5.15
YANGO JUSTICE INTERNATION   10.25     03/18/22       USD      5.76
YANGO JUSTICE INTERNATION    7.50     02/17/25       USD      5.81
YANGO JUSTICE INTERNATION   10.25     09/15/22       USD      5.93
YANGO JUSTICE INTERNATION    7.88     09/04/24       USD      6.09
YANGO JUSTICE INTERNATION    9.25     04/15/23       USD      6.60
YANGO JUSTICE INTERNATION    8.25     11/25/23       USD      6.66
YANGO JUSTICE INTERNATION   10.00     02/12/23       USD      6.75
YANLORD LAND HK CO LTD       5.13     05/20/26       USD     65.58
ZENSUN ENTERPRISES LTD      12.50     09/13/23       USD     54.35
ZENSUN ENTERPRISES LTD      12.50     09/13/22       USD     58.97
ZENSUN ENTERPRISES LTD      12.50     04/23/24       USD     60.01


   INDIA
   -----

ACME FAZILKA POWER PVT LT    0.01     01/26/46       INR     15.91
ACME MEDAK SOLAR ENERGY P    0.01     08/29/46       INR     15.34
ACME MEDAK SOLAR ENERGY P    0.01     01/26/46       INR     16.12
ACME RANGA REDDY SOLAR PO    0.01     08/31/46       INR     15.11
ACME RANGA REDDY SOLAR PO    0.01     01/26/46       INR     15.90
ADANI RENEWABLE ENERGY RJ    4.63     10/15/39       USD     74.21
ADANI RENEWABLE ENERGY RJ    4.63     10/15/39       USD     74.26
ALAM SUTERA REALTY TBK PT    8.25     11/02/25       USD     55.64
ALAM SUTERA REALTY TBK PT    8.00     05/02/24       USD     64.46
AMPSOLAR SOLUTION PVT LTD    0.01     11/03/37       INR     30.09
AMPSOLAR SOLUTION PVT LTD    0.01     10/27/37       INR     30.13
AMTEK AUTO LTD               0.10     12/07/28       INR     57.02
ANSR GLOBAL CORP PVT LTD     4.00     02/12/30       INR     73.36
APG HABITAT PVT LTD          1.00     09/09/28       INR     65.21
APG INTELLI HOMES PVT LTD    1.25     02/04/35       INR     45.09
APG INTELLI HOMES PVT LTD    1.25     02/04/35       INR     46.44
ASSETS CARE & RECONSTRUCT    1.00     03/30/29       INR     63.12
ASSETS CARE & RECONSTRUCT    2.00     03/31/30       INR     64.59
ASSETS CARE & RECONSTRUCT    2.00     03/30/29       INR     68.16
ASSETS CARE & RECONSTRUCT    2.00     03/30/29       INR     68.16
AUTHBRIDGE RESEARCH SERVI    0.10     12/03/31       INR     43.07
AUTHBRIDGE RESEARCH SERVI    0.10     10/14/31       INR     43.54
AUTOMOTIVE EXCHANGE PVT L    4.00     10/11/30       INR     61.13
AUTOMOTIVE EXCHANGE PVT L    4.00     06/01/30       INR     61.62
BIG SHOT INFRA FACILITIES    0.01     05/20/27       INR     67.31
BIG SHOT INFRA FACILITIES    0.01     04/20/27       INR     67.77
BODY CUPID PVT LTD           0.01     03/31/31       INR     50.51
BREEZE CONSTRUCTIONS PVT     0.01     06/29/30       INR     51.01
BRITANNIA INDUSTRIES LTD     5.50     06/03/24       INR     28.34
BRITANNIA INDUSTRIES LTD     8.00     08/26/22       INR     30.00
BROIL SOLAR ENERGY PVT LT    0.01     09/05/31       INR     47.71
CHANDRAJYOTI ESTATE DEVEL    0.01     07/06/30       INR     52.24
CONVERGIA DIGITAL EDUCATI    0.10     09/29/31       INR     55.71
CUMULUS TRADING CO PVT LT    0.01     05/21/32       INR     43.89
CUMULUS TRADING CO PVT LT    0.01     01/23/30       INR     71.17
DELTA MERLIN DUNIA TEKSTI    2.50     06/26/28       USD     27.96
DLF ASPINWAL HOTELS PVT L    0.01     10/15/30       INR     48.01
DLF EMPORIO RESTAURANTS L    0.01     08/12/30       INR     51.87
DLF EMPORIO RESTAURANTS L    0.01     06/29/30       INR     52.39
DLF HOME DEVELOPERS LTD      0.01     06/29/30       INR     55.05
DLF HOMES PANCHKULA PVT L    0.01     06/29/30       INR     51.01
DLF HOMES SERVICES PVT LT    0.01     06/29/30       INR     51.01
DLF LANDS INDIA PVT LTD      0.01     09/29/31       INR     46.89
DLF MIDTOWN PVT LTD          0.01     12/11/27       INR     65.72
DLF REAL ESTATE BUILDERS     0.01     06/23/30       INR     52.23
DLF RECREATIONAL FOUNDATI    0.01     10/15/30       INR     48.01
DLF RESIDENTIAL BUILDERS     0.01     06/23/30       INR     51.03
DLF RESIDENTIAL DEVELOPER    0.01     06/28/30       INR     52.25
DLF RESIDENTIAL DEVELOPER    0.01     06/28/30       INR     52.25
DLF SOUTHERN TOWNS PVT LT    0.01     07/09/30       INR     52.27
DLF URBAN PVT LTD            0.01     12/11/27       INR     65.72
DOMUS REAL ESTATE PVT LTD    0.01     07/11/30       INR     52.30
EDEL LAND LTD                0.01     12/28/31       INR     48.29
EDEL LAND LTD                0.01     03/26/31       INR     51.16
EDELWEISS ASSET RECONSTRU    2.00     07/22/29       INR     67.30
EDELWEISS ASSET RECONSTRU    2.00     03/28/29       INR     68.55
EDELWEISS ASSET RECONSTRU    2.00     01/15/29       INR     69.33
EDELWEISS ASSET RECONSTRU    2.00     10/07/28       INR     70.43
EDELWEISS ASSET RECONSTRU    2.00     11/20/27       INR     74.12
EDELWEISS INVESTMENT ADVI    0.01     05/31/29       INR     57.29
EDELWEISS RURAL & CORPORA    0.01     03/25/31       INR     52.02
ELP SOLAR ONE PVT LTD        0.25     02/27/31       INR     50.89
ESSAR POWER TRANSMISSION     3.00     03/31/43       INR     46.21
ESSAR POWER TRANSMISSION     3.00     03/31/43       INR     46.21
FUTURE RETAIL LTD            5.60     01/22/25       USD      7.74
FUTURE RETAIL LTD            5.60     01/22/25       USD      8.22
GALLERIA PROPERTY MANAGEM    0.01     12/30/31       INR     46.36
GAMMA GAANA LTD              0.01     07/31/31       INR     47.65
GOLD PLUS GLASS INDUSTRY     0.10     03/03/29       INR     57.63
GOLD PLUS GLASS INDUSTRY     0.10     03/03/29       INR     57.63
GREEN URJA PVT LTD           0.01     02/14/30       INR     54.08
GTL INFRASTRUCTURE LTD       6.73     10/26/22       USD      9.88
HCL INFOTECH LTD             0.10     03/31/36       INR     34.18
HITODI INFRASTRUCTURE LTD    0.01     06/30/27       INR     65.64
IBROX AVIATION AND TRADIN    0.01     12/15/27       INR     62.82
INDIABULLS HOUSING FINANC    4.50     09/28/26       USD     64.52
INDIABULLS HOUSING FINANC    4.50     03/04/26       USD     67.94
JAIPRAKASH ASSOCIATES LTD    5.75     09/08/17       USD     55.13
JAIPRAKASH POWER VENTURES    7.00     05/15/17       USD      6.18
JCT LTD                      2.50     04/08/11       USD     25.75
JSM CORP PVT LTD             0.01     08/31/36       INR     31.79
JTPM ATSALI LTD              0.01     08/29/48       INR     12.95
JTPM ATSALI LTD              0.01     12/28/28       INR     60.35
JUNO MONETA TECHNOLOGIES     0.01     05/18/26       INR     73.56
KANAKADURGA FINANCE LTD      0.01     04/15/36       INR     30.54
KUSHALS RETAIL PVT LTD       1.00     05/13/29       INR     58.99
L&T FINANCE LTD              6.25     12/03/24       INR     69.27
LITMUS WORLD MARKETING TE    0.01     03/31/28       INR     68.08
LOK SUVIDHA FINANCE LTD      0.01     11/30/31       INR     43.40
MAHATVA PLASTIC PRODUCTS     0.01     05/19/27       INR     67.35
MAHATVA PLASTIC PRODUCTS     0.01     05/03/27       INR     67.60
MAHATVA PLASTIC PRODUCTS     0.01     03/29/27       INR     68.14
MARIS POWER SUPPLY CO PVT    2.00     04/18/28       INR     73.00
MELOSA BUILDERS & DEVELOP    0.01     06/29/30       INR     51.01
MENS BUILDCON PVT LTD        0.01     06/29/30       INR     51.01
METALITE FUEL INDUSTRIES     0.01     06/18/36       INR     33.43
METALITE FUEL INDUSTRIES     0.01     03/31/35       INR     36.78
MUDIT CEMENT PVT LTD         0.01     03/28/27       INR     67.33
MYTRAH AADHYA POWER PVT L    0.01     07/05/35       INR     35.47
MYTRAH ADVAITH POWER PVT     0.01     07/13/36       INR     32.68
MYTRAH AKSHAYA ENERGY PVT    0.01     07/13/36       INR     32.68
NANI VIRANI WIND ENERGY P    2.00     06/30/39       INR     44.48
NEEMUCH SOLAR POWER PVT L    0.01     08/29/46       INR     15.34
NEEMUCH SOLAR POWER PVT L    0.01     01/26/46       INR     16.12
NHAVA SHEVA INTERNATIONAL    0.01     04/14/27       INR     68.39
NSL KRISHNAVENI SUGARS LT    0.01     12/23/31       INR     44.33
ORIGAMI CELLULO PVT LTD      0.01     11/14/36       INR     31.71
PALIWAL REAL ESTATE LTD      0.01     09/09/31       INR     46.33
PIRAMAL CAPITAL & HOUSING    8.50     04/18/23       INR     33.76
PRAKASH INDUSTRIES LTD       5.25     04/30/15       USD     22.63
PRIDHVI ASSET RECONSTRUCT    0.01     06/07/26       INR     72.31
PRUDENT ARC LTD              0.01     03/30/32       INR     44.63
PRUDENT ARC LTD              0.01     10/04/31       INR     46.36
PRUDENT ARC LTD              0.01     09/02/31       INR     47.33
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/33       INR     45.41
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/32       INR     48.88
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/31       INR     52.64
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/30       INR     56.66
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/29       INR     60.98
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/28       INR     65.63
PUNJAB INFRASTRUCTURE DEV    0.40     10/15/27       INR     70.61
PURVANCHAL SOLAR POWER PV    0.01     08/29/46       INR     15.34
PURVANCHAL SOLAR POWER PV    0.01     01/26/46       INR     16.12
PYRAMID SAIMIRA THEATRE L    1.75     07/04/12       USD      0.26
R L FINE CHEM PVT LTD        0.10     08/19/36       INR     32.22
RAMANI ICECREAM CO LTD       0.01     12/29/35       INR     34.57
RANKGURU TECHNOLOGY SOLUT    0.01     03/31/27       INR     65.92
RANKGURU TECHNOLOGY SOLUT    0.01     02/11/27       INR     66.67
REDKITE CAPITAL PVT LTD      2.50     03/30/29       INR     71.23
REI AGRO LTD                 5.50     11/13/14       USD      0.83
REI AGRO LTD                 5.50     11/13/14       USD      0.83
RELIANCE COMMUNICATIONS L    6.50     11/06/20       USD      3.00
REWANCHAL SOLAR POWER PVT    0.01     08/29/46       INR     15.34
REWANCHAL SOLAR POWER PVT    0.01     01/26/46       INR     16.12
RIVERIA COMMERCIAL DEVELO    0.01     07/08/31       INR     46.46
RMZ ONE PARAMOUNT PVT LTD    0.10     03/24/29       INR     57.05
SAHIB FINLEASE LTD           1.00     10/29/29       INR     60.42
SAKET HOLIDAYS RESORTS PV    0.01     06/29/30       INR     51.99
SANJWIN CONSULTING SOLUTI    0.01     06/01/28       INR     60.79
SHERISHA ROOFTOP SOLAR SP    0.01     08/12/31       INR     46.03
SHIVAJI MARG MAINTENANCE     0.01     06/28/30       INR     51.17
SINTEX INDUSTRIES LTD        3.50     05/25/22       USD     26.09
STPL HORTICULTURE PVT LTD    0.01     03/31/31       INR     57.93
SUNWORLD SOLAR POWER PVT     0.01     08/31/46       INR     15.34
SUNWORLD SOLAR POWER PVT     0.01     01/26/46       INR     16.12
SURBHI INVESTMENTS & TRAD    2.50     10/21/28       INR     72.85
SUTARA ROADS & INFRA LTD     0.01     08/31/30       INR     58.06
SUZLON ENERGY LTD            5.75     07/16/19       USD     23.63
SUZLON ENERGY LTD            5.75     07/16/19       USD     23.63
SUZLON ENERGY LTD            0.01     06/26/30       INR     46.87
SVOGL OIL GAS & ENERGY LT    5.00     08/17/15       USD      0.61
TATA SMARTFOODZ LTD          0.01     08/19/26       INR     71.63
TATA SMARTFOODZ LTD          0.01     06/28/26       INR     72.48
TATA SMARTFOODZ LTD          0.01     04/18/26       INR     73.66
TN URJA PVT LTD              0.10     02/22/36       INR     35.00
VENTO ENERGY INFRA PVT LT    0.01     09/20/39       INR     25.25
VIKRANT FORGE PVT LTD        2.00     03/25/33       INR     56.30
WATSUN INFRABUILD PVT LTD    4.00     10/16/37       INR     60.28
YBRANT ENGINEERING & CONS    0.01     05/07/31       INR     49.69
YOGINDERA POWERS LTD         0.01     01/24/42       INR     38.41


   INDONESIA
   ---------

BERAU COAL ENERGY TBK PT     2.00     10/15/28       USD     19.96
BERAU COAL ENERGY TBK PT     2.00     10/15/28       USD     19.96
SRI REJEKI ISMAN TBK PT      7.25     01/16/25       USD     10.43
SRI REJEKI ISMAN TBK PT      7.25     01/16/25       USD     11.00

   JAPAN
   -----

AVANSTRATE INC               0.20     10/29/32       JPY      9.75
EAST JAPAN RAILWAY CO        0.81     07/23/69       JPY     72.47
HIS CO LTD                   0.58     02/19/27       JPY     58.82
JAPAN FINANCE ORGANIZATIO    1.88     10/15/35       AUD     66.45
JAPAN FINANCE ORGANIZATIO    2.00     11/27/35       AUD     67.47
MITSUI FUDOSAN CO LTD        1.03     03/17/70       JPY     73.51
MIZUHO SECURITIES CO LTD     2.02     12/10/35       USD     70.82
MIZUHO SECURITIES CO LTD     2.05     12/21/35       USD     71.05
MIZUHO SECURITIES CO LTD     2.16     02/01/36       USD     71.90
OSAKA GAS CO LTD             0.70     09/05/69       JPY     67.51
SOFTBANK GROUP CORP          3.88     07/06/32       EUR     72.58
SUMITOMO MITSUI FINANCIAL    2.30     01/12/41       USD     68.84
SUMITOMO MITSUI FINANCIAL    2.93     09/17/41       USD     73.31
TKJP CORP                    1.02     12/15/17       JPY      0.50
TKJP CORP                    0.58     03/26/21       JPY      2.02
TKJP CORP                    0.85     03/06/19       JPY      2.02
TOKYO GAS CO LTD             0.53     09/12/59       JPY     73.94
UNIZO HOLDINGS CO LTD        1.20     05/28/27       JPY     21.75
UNIZO HOLDINGS CO LTD        1.50     11/26/27       JPY     23.24
UNIZO HOLDINGS CO LTD        0.99     11/27/26       JPY     27.40
UNIZO HOLDINGS CO LTD        1.10     11/28/24       JPY     29.59
UNIZO HOLDINGS CO LTD        0.89     05/29/24       JPY     31.67
UNIZO HOLDINGS CO LTD        0.80     11/29/23       JPY     35.37
UNIZO HOLDINGS CO LTD        0.85     05/26/23       JPY     40.83
UNIZO HOLDINGS CO LTD        0.75     11/28/22       JPY     54.94


   KOREA
   -----

CITIBANK KOREA INC           2.33     08/01/36       KRW     68.74
CJ CGV CO LTD                0.50     07/21/52       KRW     26.25
CJ CGV CO LTD                1.00     06/08/51       KRW     27.68
EXPORT-IMPORT BANK OF KOR    2.51     12/06/49       AUD     59.93
HEUNGKUK FIRE & MARINE IN    5.70     12/29/46       KRW     38.67
KOREA DEVELOPMENT BANK/TH    2.50     09/28/41       AUD     67.18
KOREA DEVELOPMENT BANK/TH    2.55     09/28/41       AUD     67.64
KOREA DEVELOPMENT BANK/TH    2.78     10/18/41       AUD     70.91
KOREA DEVELOPMENT BANK/TH    1.85     09/24/49       KRW     75.62
KOREA DEVELOPMENT BANK/TH    2.00     08/01/49       KRW     75.73
KOREA DEVELOPMENT BANK/TH    2.00     08/01/49       KRW     75.73
KOREA DEVELOPMENT BANK/TH    2.00     07/31/49       KRW     76.07
KOREA DEVELOPMENT BANK/TH    1.86     10/19/50       KRW     77.23
KOREA EAST-WEST POWER CO     1.42     10/07/49       KRW     55.49
KOREA EAST-WEST POWER CO     1.70     07/16/50       KRW     59.38
KOREA EAST-WEST POWER CO     1.47     10/07/39       KRW     66.96
KOREA EAST-WEST POWER CO     2.16     03/07/49       KRW     68.13
KOREA EAST-WEST POWER CO     1.70     07/16/40       KRW     68.79
KOREA EAST-WEST POWER CO     2.23     11/05/48       KRW     69.06
KOREA EAST-WEST POWER CO     1.78     11/24/40       KRW     69.66
KOREA EAST-WEST POWER CO     2.52     11/22/51       KRW     71.99
KOREA ELECTRIC POWER CORP    1.71     10/24/49       KRW     66.78
KOREA EXPRESSWAY CORP        1.32     08/22/49       KRW     62.04
KOREA EXPRESSWAY CORP        1.47     09/25/49       KRW     65.13
KOREA EXPRESSWAY CORP        1.52     03/12/50       KRW     65.68
KOREA EXPRESSWAY CORP        1.71     10/29/50       KRW     68.32
KOREA EXPRESSWAY CORP        1.71     04/09/50       KRW     68.83
KOREA EXPRESSWAY CORP        1.57     08/26/46       KRW     69.38
KOREA EXPRESSWAY CORP        1.81     11/12/50       KRW     70.07
KOREA EXPRESSWAY CORP        1.79     05/30/49       KRW     70.65
KOREA EXPRESSWAY CORP        1.86     12/23/50       KRW     70.69
KOREA HYDRO & NUCLEAR POW    1.59     05/25/50       KRW     58.55
KOREA HYDRO & NUCLEAR POW    1.58     10/16/49       KRW     58.66
KOREA HYDRO & NUCLEAR POW    1.66     06/15/50       KRW     59.59
KOREA HYDRO & NUCLEAR POW    1.70     11/27/49       KRW     60.81
KOREA HYDRO & NUCLEAR POW    1.78     11/23/50       KRW     60.97
KOREA HYDRO & NUCLEAR POW    1.80     04/02/50       KRW     62.00
KOREA HYDRO & NUCLEAR POW    1.83     04/28/50       KRW     62.33
KOREA HYDRO & NUCLEAR POW    1.82     06/05/49       KRW     63.02
KOREA HYDRO & NUCLEAR POW    1.57     05/25/40       KRW     68.11
KOREA HYDRO & NUCLEAR POW    1.63     06/15/40       KRW     68.67
KOREA HYDRO & NUCLEAR POW    1.59     10/16/39       KRW     68.90
KOREA HYDRO & NUCLEAR POW    2.31     06/29/51       KRW     69.79
KOREA HYDRO & NUCLEAR POW    1.80     11/23/40       KRW     70.05
KOREA HYDRO & NUCLEAR POW    2.25     10/26/48       KRW     70.11
KOREA HYDRO & NUCLEAR POW    1.81     04/28/40       KRW     70.95
KOREA HYDRO & NUCLEAR POW    1.80     04/02/40       KRW     71.02
KOREA HYDRO & NUCLEAR POW    1.76     11/27/39       KRW     71.04
KOREA HYDRO & NUCLEAR POW    2.45     10/14/51       KRW     71.92
KOREA HYDRO & NUCLEAR POW    1.81     06/05/39       KRW     72.14
KOREA LAND & HOUSING CORP    1.28     08/23/49       KRW     61.28
KOREA LAND & HOUSING CORP    1.57     05/27/50       KRW     65.97
KOREA LAND & HOUSING CORP    1.54     03/09/50       KRW     66.07
KOREA LAND & HOUSING CORP    1.67     07/07/50       KRW     67.56
KOREA LAND & HOUSING CORP    1.65     08/27/50       KRW     67.74
KOREA LAND & HOUSING CORP    1.66     09/18/50       KRW     67.83
KOREA LAND & HOUSING CORP    1.70     06/13/49       KRW     69.01
KOREA LAND & HOUSING CORP    1.74     01/22/50       KRW     69.12
KOREA LAND & HOUSING CORP    1.62     07/27/46       KRW     69.55
KOREA LAND & HOUSING CORP    1.61     07/19/46       KRW     69.56
KOREA LAND & HOUSING CORP    1.78     04/29/50       KRW     69.96
KOREA LAND & HOUSING CORP    1.78     04/08/50       KRW     70.09
KOREA LAND & HOUSING CORP    2.17     10/30/68       KRW     71.36
KOREA LAND & HOUSING CORP    1.87     05/24/49       KRW     72.07
KOREA LAND & HOUSING CORP    1.97     01/29/51       KRW     72.48
KOREA LAND & HOUSING CORP    1.83     10/19/46       KRW     73.22
KOREA MIDLAND POWER CO LT    1.53     02/25/50       KRW     57.07
KOREA MIDLAND POWER CO LT    1.69     06/18/50       KRW     59.43
KOREA MIDLAND POWER CO LT    1.72     06/18/49       KRW     60.60
KOREA MIDLAND POWER CO LT    1.86     11/13/49       KRW     62.28
KOREA MIDLAND POWER CO LT    1.95     05/21/49       KRW     64.07
KOREA MIDLAND POWER CO LT    1.99     03/26/49       KRW     65.22
KOREA MIDLAND POWER CO LT    1.53     02/25/40       KRW     67.38
KOREA MIDLAND POWER CO LT    2.17     02/08/49       KRW     67.84
KOREA MIDLAND POWER CO LT    1.64     07/21/40       KRW     67.95
KOREA MIDLAND POWER CO LT    1.59     03/18/40       KRW     67.98
KOREA MIDLAND POWER CO LT    2.17     10/31/48       KRW     68.19
KOREA MIDLAND POWER CO LT    1.66     08/25/40       KRW     68.40
KOREA MIDLAND POWER CO LT    1.66     06/18/40       KRW     68.48
KOREA MIDLAND POWER CO LT    2.26     09/10/48       KRW     70.00
KOREA MIDLAND POWER CO LT    1.75     06/18/39       KRW     70.81
KOREA MIDLAND POWER CO LT    1.92     10/30/39       KRW     72.27
KOREA MIDLAND POWER CO LT    1.96     05/21/39       KRW     73.12
KOREA MINE REHABILITATION    3.01     02/26/40       AUD     69.51
KOREA MINE REHABILITATION    1.93     07/15/50       KRW     69.78
KOREA MINE REHABILITATION    2.07     01/06/51       KRW     72.12
KOREA OCEAN BUSINESS CORP    1.50     09/27/49       KRW     65.24
KOREA OCEAN BUSINESS CORP    1.59     05/22/50       KRW     66.11
KOREA OCEAN BUSINESS CORP    1.63     12/11/49       KRW     67.50
KOREA OCEAN BUSINESS CORP    1.69     10/27/50       KRW     67.66
KOREA OCEAN BUSINESS CORP    1.67     06/16/50       KRW     67.75
KOREA OCEAN BUSINESS CORP    1.70     04/16/50       KRW     68.22
KOREA OVERSEAS INFRASTRUC    1.76     10/28/50       KRW     68.52
KOREA RAIL NETWORK AUTHOR    1.46     09/27/49       KRW     65.06
KOREA RAIL NETWORK AUTHOR    1.51     10/11/49       KRW     65.82
KOREA RAIL NETWORK AUTHOR    1.59     05/21/50       KRW     66.54
KOREA RAIL NETWORK AUTHOR    1.64     02/19/50       KRW     67.20
KOREA RAIL NETWORK AUTHOR    1.65     02/03/50       KRW     67.57
KOREA RAIL NETWORK AUTHOR    1.75     11/20/49       KRW     69.72
KOREA RAIL NETWORK AUTHOR    1.76     04/23/50       KRW     69.75
KOREA RAIL NETWORK AUTHOR    1.85     11/05/49       KRW     71.54
KOREA RAIL NETWORK AUTHOR    1.72     06/28/46       KRW     71.56
KOREA RAIL NETWORK AUTHOR    1.93     05/16/49       KRW     73.23
KOREA RAIL NETWORK AUTHOR    2.03     08/06/51       KRW     73.31
KOREA RAILROAD CORP          1.31     08/29/49       KRW     62.45
KOREA RAILROAD CORP          1.44     07/26/49       KRW     64.16
KOREA RAILROAD CORP          1.47     09/19/49       KRW     65.10
KOREA RAILROAD CORP          1.61     08/12/50       KRW     66.12
KOREA RAILROAD CORP          1.56     03/18/50       KRW     66.38
KOREA RAILROAD CORP          1.59     07/18/49       KRW     66.94
KOREA RAILROAD CORP          1.67     04/14/50       KRW     68.17
KOREA SMES AND STARTUPS A    1.31     08/09/39       KRW     71.39
KOREA SMES AND STARTUPS A    1.87     03/24/50       KRW     71.73
KOREA SOUTH-EAST POWER CO    1.65     06/11/50       KRW     58.70
KOREA SOUTH-EAST POWER CO    1.69     06/26/49       KRW     60.11
KOREA SOUTH-EAST POWER CO    1.96     01/26/51       KRW     63.30
KOREA SOUTH-EAST POWER CO    1.63     06/11/40       KRW     68.17
KOREA SOUTH-EAST POWER CO    2.19     11/09/48       KRW     68.44
KOREA SOUTH-EAST POWER CO    1.68     06/26/39       KRW     69.93
KOREA SOUTH-EAST POWER CO    2.47     11/09/51       KRW     71.26
KOREA SOUTH-EAST POWER CO    1.97     01/26/41       KRW     71.60
KOREA SOUTHERN POWER CO L    1.29     08/13/49       KRW     53.31
KOREA SOUTHERN POWER CO L    1.63     12/19/49       KRW     58.77
KOREA SOUTHERN POWER CO L    1.68     06/25/50       KRW     59.17
KOREA SOUTHERN POWER CO L    1.80     11/20/49       KRW     61.34
KOREA SOUTHERN POWER CO L    1.33     08/13/39       KRW     65.32
KOREA SOUTHERN POWER CO L    1.66     06/18/40       KRW     68.48
KOREA SOUTHERN POWER CO L    1.66     06/25/40       KRW     68.49
KOREA SOUTHERN POWER CO L    1.67     12/19/39       KRW     69.20
KOREA SOUTHERN POWER CO L    1.84     11/20/39       KRW     71.18
KOREA SOUTHERN POWER CO L    2.43     09/28/48       KRW     72.66
KOREA STUDENT AID FOUNDAT    1.41     09/06/39       KRW     73.17
KOREA TREASURY BOND          1.50     09/10/66       KRW     60.59
KOREA TREASURY BOND          1.63     09/10/70       KRW     62.39
KOREA TREASURY BOND          1.50     03/10/50       KRW     68.91
KOREA TREASURY BOND          2.00     09/10/68       KRW     72.19
KOREA TREASURY BOND          1.13     09/10/39       KRW     72.21
KOREA WATER RESOURCES COR    1.54     03/13/50       KRW     66.23
KOREA WATER RESOURCES COR    1.63     07/16/49       KRW     67.87
KOREA WATER RESOURCES COR    1.63     10/21/49       KRW     67.99
KOREA WATER RESOURCES COR    1.68     07/01/49       KRW     68.70
KOREA WATER RESOURCES COR    1.71     01/10/50       KRW     68.86
KOREA WATER RESOURCES COR    1.82     06/22/46       KRW     73.29
KOREA WATER RESOURCES COR    1.83     06/24/46       KRW     73.48
KOREA WESTERN POWER CO LT    1.62     05/28/50       KRW     58.29
KOREA WESTERN POWER CO LT    1.68     08/27/50       KRW     59.20
KOREA WESTERN POWER CO LT    1.76     11/05/50       KRW     59.99
KOREA WESTERN POWER CO LT    1.88     12/22/50       KRW     62.17
KOREA WESTERN POWER CO LT    1.59     05/28/40       KRW     67.77
KOREA WESTERN POWER CO LT    2.20     11/01/48       KRW     68.64
KOREA WESTERN POWER CO LT    1.68     08/27/40       KRW     68.65
KOREA WESTERN POWER CO LT    1.69     06/23/40       KRW     68.89
KOREA WESTERN POWER CO LT    2.25     09/14/48       KRW     69.80
KT CORP                      1.71     06/15/40       KRW     69.83
KT CORP                      1.67     10/11/39       KRW     70.04
KT CORP                      1.98     01/25/41       KRW     72.34
NEUROS CO LTD                2.00     12/06/23       KRW     71.23
PULMUONE CO LTD              4.80     09/30/49       KRW     70.29
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
SANUPKIBANSINBO BUSAN-GIM    1.89     09/17/41       KRW     70.16
SANUPKIBANSINBO BUSAN-GIM    1.87     10/01/40       KRW     70.94
SEOUL METROPOLITAN CITY B    1.69     11/22/49       KRW     71.14
SEOUL METROPOLITAN CITY B    1.85     10/30/49       KRW     74.21
SINBO SECURITIZATION SPEC    5.00     08/29/23       KRW     63.15
SINBO SECURITIZATION SPEC    5.00     09/29/23       KRW     63.89
SINBO SECURITIZATION SPEC    5.00     10/24/23       KRW     64.24
SINBO SECURITIZATION SPEC    4.00     12/25/23       KRW     64.35
SINBO SECURITIZATION SPEC    5.00     01/25/23       KRW     64.72
SINBO SECURITIZATION SPEC    4.00     08/28/24       KRW     64.84
SINBO SECURITIZATION SPEC    4.00     09/29/24       KRW     64.86
SINBO SECURITIZATION SPEC    5.00     07/29/24       KRW     65.46
SINBO SECURITIZATION SPEC    5.00     02/27/24       KRW     66.34
SINBO SECURITIZATION SPEC    4.00     06/30/25       KRW     67.88
SINBO SECURITIZATION SPEC    5.00     06/30/24       KRW     69.70
SINBO SECURITIZATION SPEC    5.00     09/26/22       KRW     70.41
SINBO SECURITIZATION SPEC    4.00     01/29/24       KRW     72.14
SINBO SECURITIZATION SPEC    4.77     09/28/24       KRW     72.20
SINBO SECURITIZATION SPEC    5.00     11/27/24       KRW     72.77
SINBO SECURITIZATION SPEC    5.00     11/27/24       KRW     72.77
SINBO SECURITIZATION SPEC    3.85     08/31/25       KRW     73.98
SINBO SECURITIZATION SPEC    5.00     06/30/24       KRW     74.29
SINBO SECURITIZATION SPEC    5.00     01/29/24       KRW     75.00
SK TELECOM CO LTD            1.56     07/29/49       KRW     58.49
SK TELECOM CO LTD            1.52     07/29/39       KRW     67.75
SK TELECOM CO LTD            1.76     10/19/40       KRW     69.24
SK TELECOM CO LTD            1.89     01/15/41       KRW     70.69
SK TELECOM CO LTD            1.81     10/22/39       KRW     70.99
SK TELECOM CO LTD            1.87     01/14/40       KRW     71.46


  SRI LANKA
  ---------

SRI LANKA GOVERNMENT INTE    5.75     04/18/23       USD     29.88
SRI LANKA GOVERNMENT INTE    6.75     04/18/28       USD     29.90
SRI LANKA GOVERNMENT INTE    6.20     05/11/27       USD     29.93
SRI LANKA GOVERNMENT INTE    7.85     03/14/29       USD     30.02
SRI LANKA GOVERNMENT INTE    7.55     03/28/30       USD     30.07
SRI LANKA GOVERNMENT INTE    7.85     03/14/29       USD     30.09
SRI LANKA GOVERNMENT INTE    6.75     04/18/28       USD     30.10
SRI LANKA GOVERNMENT INTE    5.75     04/18/23       USD     30.10
SRI LANKA GOVERNMENT INTE    7.55     03/28/30       USD     30.13
SRI LANKA GOVERNMENT INTE    6.20     05/11/27       USD     30.15
SRI LANKA GOVERNMENT INTE    6.35     06/28/24       USD     30.15
SRI LANKA GOVERNMENT INTE    6.85     03/14/24       USD     30.31
SRI LANKA GOVERNMENT INTE    6.35     06/28/24       USD     30.32
SRI LANKA GOVERNMENT INTE    6.85     11/03/25       USD     30.37
SRI LANKA GOVERNMENT INTE    5.88     07/25/22       USD     30.39
SRI LANKA GOVERNMENT INTE    6.85     03/14/24       USD     30.49
SRI LANKA GOVERNMENT INTE    6.85     11/03/25       USD     30.57
SRI LANKA GOVERNMENT INTE    6.83     07/18/26       USD     30.58
SRI LANKA GOVERNMENT INTE    6.13     06/03/25       USD     30.77
SRI LANKA GOVERNMENT INTE    6.13     06/03/25       USD     30.87
SRI LANKA GOVERNMENT INTE    6.83     07/18/26       USD     30.95
SRI LANKA GOVERNMENT INTE    5.88     07/25/22       USD     30.96
SRI LANKA GOVERNMENT BOND    9.00     11/01/33       LKR     35.69
SRI LANKA GOVERNMENT BOND    9.00     06/01/33       LKR     35.85
SRI LANKA GOVERNMENT BOND    8.00     01/01/32       LKR     36.31
SRI LANKA GOVERNMENT BOND    9.00     10/01/32       LKR     37.34
SRI LANKA GOVERNMENT BOND   10.50     08/15/39       LKR     39.70
SRI LANKA GOVERNMENT BOND   10.25     09/15/34       LKR     41.52
SRI LANKA GOVERNMENT BOND    9.00     06/01/43       LKR     41.76
SRI LANKA GOVERNMENT BOND   11.20     01/15/33       LKR     43.88
SRI LANKA GOVERNMENT BOND   11.50     03/15/35       LKR     44.28
SRI LANKA GOVERNMENT BOND   12.00     12/01/31       LKR     48.17
SRI LANKA GOVERNMENT BOND   11.25     03/15/31       LKR     48.97
SRI LANKA GOVERNMENT BOND   11.00     05/15/30       LKR     49.82
SRI LANKA GOVERNMENT BOND    9.00     05/01/28       LKR     49.88
SRI LANKA GOVERNMENT BOND   13.25     07/01/33       LKR     50.12
SRI LANKA GOVERNMENT BOND   13.25     01/01/34       LKR     50.16
SRI LANKA GOVERNMENT BOND    9.00     07/01/28       LKR     51.00
SRI LANKA GOVERNMENT BOND    7.80     08/15/27       LKR     52.86
SRI LANKA GOVERNMENT BOND    5.35     03/01/26       LKR     54.06
SRI LANKA GOVERNMENT BOND   12.00     01/01/41       LKR     55.73
SRI LANKA GOVERNMENT BOND   10.75     03/15/28       LKR     55.78
SRI LANKA GOVERNMENT BOND   11.50     09/01/28       LKR     56.08
SRILANKAN AIRLINES LTD       7.00     06/25/24       USD     56.98
SRI LANKA GOVERNMENT BOND   12.50     03/01/45       LKR     56.98
SRI LANKA GOVERNMENT BOND   10.30     10/15/27       LKR     57.37
SRI LANKA GOVERNMENT BOND   13.00     05/01/29       LKR     58.72
SRI LANKA GOVERNMENT BOND   11.25     12/15/27       LKR     58.92
SRI LANKA GOVERNMENT BOND    6.75     01/15/26       LKR     59.49
SRI LANKA GOVERNMENT BOND   13.00     01/01/29       LKR     59.60
SRI LANKA GOVERNMENT BOND   13.50     06/01/44       LKR     61.59
SRI LANKA GOVERNMENT BOND   13.50     01/01/44       LKR     61.83
SRI LANKA GOVERNMENT BOND   11.75     06/15/27       LKR     62.71
SRI LANKA GOVERNMENT BOND   11.40     01/15/27       LKR     63.71
SRI LANKA GOVERNMENT BOND    9.00     02/01/26       LKR     63.76
SRI LANKA GOVERNMENT BOND   11.50     08/01/26       LKR     65.67
SRI LANKA GOVERNMENT BOND   11.00     06/01/26       LKR     65.74
SRI LANKA GOVERNMENT BOND   10.35     10/15/25       LKR     67.06
SRI LANKA GOVERNMENT BOND    9.00     05/01/25       LKR     68.17
SRI LANKA GOVERNMENT BOND   18.00     05/15/31       LKR     68.55
SRI LANKA GOVERNMENT BOND    6.00     12/01/24       LKR     69.62
SRI LANKA GOVERNMENT BOND   11.00     08/01/25       LKR     69.71
SRI LANKA GOVERNMENT BOND   10.25     03/15/25       LKR     71.60


  MALAYSIA
  --------

AXIATA SPV5 LABUAN LTD       3.06     08/19/50       USD     72.56
BERJAYA CORP BHD             2.00     05/29/26       MYR      0.27
CAPITAL A BHD                8.00     12/29/28       MYR      0.71
HUME CEMENT INDUSTRIES BH    5.00     05/29/24       MYR      1.31
MALAYAN FLOUR MILLS BHD      5.00     01/24/24       MYR      1.17
MEX I CAPITAL BHD            2.60     01/23/40       MYR     63.16
MEX I CAPITAL BHD            2.60     01/21/38       MYR     66.67
MEX I CAPITAL BHD            2.60     01/21/39       MYR     69.26
MEX I CAPITAL BHD            2.60     01/21/36       MYR     70.37
MEX I CAPITAL BHD            2.60     01/21/37       MYR     71.80
MEX I CAPITAL BHD            2.60     01/22/35       MYR     72.29
PENGURUSAN AIR SPV BHD       1.00     11/11/36       MYR     60.23
PENGURUSAN AIR SPV BHD       1.00     02/05/36       MYR     62.50
PENGURUSAN AIR SPV BHD       1.00     11/05/35       MYR     62.68
PENGURUSAN AIR SPV BHD       1.00     09/28/35       MYR     62.96
SCANWOLF CORP BHD            3.00     08/04/26       MYR      0.41
SD INTERNATIONAL SUKUK II    7.00     03/12/25       USD      4.79
SD INTERNATIONAL SUKUK LT    6.30     05/09/22       USD      5.62
YB VENTURES BHD              0.10     09/05/26       MYR      0.04


  NEW ZEALAND
  -----------

AUCKLAND COUNCIL             2.95     09/28/50       NZD     69.67
HOUSING NEW ZEALAND LTD      1.53     09/10/35       NZD     69.18
NEW ZEALAND GOVERNMENT BO    1.75     05/15/41       NZD     69.10

NEW ZEALAND LOCAL GOVERNM    2.00     04/15/37       NZD     70.43


   PHILIPPINES
   -----------

BAYAN TELECOMMUNICATIONS    15.00     07/15/06       USD     17.25
GLOBE TELECOM INC            3.00     07/23/35       USD     73.26
PHILIPPINE GOVERNMENT INT    2.65     12/10/45       USD     71.34
PHILIPPINE GOVERNMENT INT    1.75     04/28/41       EUR     74.53


   SINGAPORE
   ---------

APL REALTY HOLDINGS PTE L    5.95     06/02/24       USD     44.68
ASL MARINE HOLDINGS LTD      3.00     10/01/26       SGD     41.50
ASL MARINE HOLDINGS LTD      3.00     03/28/25       SGD     41.50
BAKRIE TELECOM PTE LTD      11.50     05/07/15       USD      0.28
BAKRIE TELECOM PTE LTD      11.50     05/07/15       USD      0.28
BLD INVESTMENTS PTE LTD      8.63     03/23/15       USD      6.75
DAVOMAS INTERNATIONAL FIN   11.00     05/09/11       USD      0.82
DAVOMAS INTERNATIONAL FIN   11.00     05/09/11       USD      0.82
DAVOMAS INTERNATIONAL FIN   11.00     12/08/14       USD      0.82
DAVOMAS INTERNATIONAL FIN   11.00     12/08/14       USD      0.82
DBS BANK LTD                 1.22     02/18/50       EUR     67.81
DBS BANK LTD                 1.15     01/22/50       EUR     67.87
DBS BANK LTD                 1.41     01/23/50       EUR     70.58
DBS BANK LTD                 2.95     10/28/51       AUD     71.05
DBS BANK LTD                 1.42     06/28/49       EUR     72.05
ENERCOAL RESOURCES PTE LT    9.25     08/05/14       USD     45.75
EZRA HOLDINGS LTD            4.88     04/24/18       SGD      5.00
GOLDEN LEGACY PTE LTD        6.88     03/27/24       USD      8.71
GOLDEN LEGACY PTE LTD        6.88     03/27/24       USD      9.78
INDO INFRASTRUCTURE GROUP    2.00     07/30/10       USD      1.00
ITNL OFFSHORE PTE LTD        7.50     01/18/21       CNY     18.87
JGC VENTURES PTE LTD         3.00     06/30/25       USD     45.83
MICLYN EXPRESS OFFSHORE P    8.75     11/25/18       USD      0.67
MODERNLAND OVERSEAS PTE L    3.00     04/30/27       USD     43.50
MODERNLAND OVERSEAS PTE L    3.00     04/30/27       USD     43.57
NOMURA INTERNATIONAL FUND   19.50     08/28/28       TRY     46.99
NOMURA INTERNATIONAL FUND    7.65     10/04/37       AUD     61.22
NOMURA INTERNATIONAL FUND    3.17     10/30/44       AUD     66.00
NOMURA INTERNATIONAL FUND    2.31     12/03/35       AUD     67.51
NOMURA INTERNATIONAL FUND    2.31     01/06/36       AUD     68.00
NOMURA INTERNATIONAL FUND    3.90     06/18/50       USD     69.16
NOMURA INTERNATIONAL FUND    1.38     07/31/44       EUR     69.94
NT RIG HOLDCO PTE LTD        7.50     12/31/23       USD     14.00
ORO NEGRO DRILLING PTE LT    7.50     01/24/19       USD      3.79
PACIFIC RADIANCE LTD         4.30     03/31/20       SGD     10.00
RICKMERS MARITIME            8.45     05/15/17       SGD      5.00
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      6.13
SWIBER HOLDINGS LTD          7.13     04/18/17       SGD      6.13
SWIBER HOLDINGS LTD          5.55     10/10/16       SGD     12.25
TEMASEK FINANCIAL I LTD      2.50     10/06/70       USD     66.81
TEMASEK FINANCIAL I LTD      2.50     10/06/70       USD     66.97
TEMASEK FINANCIAL I LTD      2.25     04/06/51       USD     70.27
TEMASEK FINANCIAL I LTD      2.25     04/06/51       USD     70.41
TEMASEK FINANCIAL I LTD      1.25     11/20/49       EUR     72.71
TEMASEK FINANCIAL I LTD      2.75     08/02/61       USD     74.61


   THAILAND
   --------

G STEEL PCL                  3.00     10/04/15       USD      0.80
MDX PCL                      4.75     09/17/03       USD     22.88
PTT TREASURY CENTER CO LT    3.70     07/16/70       USD     70.06
PTT TREASURY CENTER CO LT    3.70     07/16/70       USD     70.09
TAIWAN GOVERNMENT BOND       0.38     11/27/50       TWD     71.07
TAIWAN SEMICONDUCTOR MANU    2.70     09/22/60       USD     65.25
THAILAND GOVERNMENT BOND     1.88     06/17/49       THB     71.88
THAILAND GOVERNMENT BOND     2.50     06/17/71       THB     80.04
THAIOIL TREASURY CENTER C    3.50     10/17/49       USD     64.07
THAIOIL TREASURY CENTER C    3.50     10/17/49       USD     64.25
THAIOIL TREASURY CENTER C    3.75     06/18/50       USD     66.23
THAIOIL TREASURY CENTER C    3.75     06/18/50       USD     66.26



                           *********


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 2022.  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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