/raid1/www/Hosts/bankrupt/TCRAP_Public/230314.mbx
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, March 14, 2023, Vol. 26, No. 53
Headlines
A U S T R A L I A
BALLISTIC BEER: Avoids Liquidation as Creditors Accept DOCA
CAPITAL CAPITAL: ASIC Cancels AFS Licence
IN2FOOD MANUFACTURING: First Creditors' Meeting Set for March 16
LA TROBE 2023-1: S&P Assigns Prelim B+ (sf) Rating to Cl. F Notes
M.E & CO: First Creditors' Meeting Set for March 17
PBS BUILDING: First Creditors' Meeting Set for March 17
THERMAGLAZE WINDOWS: First Creditors' Meeting Set for March 20
VIRGIN AUSTRALIA: In Talks for US$300MM Loan Ahead of Planned IPO
WIGGLEBUG PTY: First Creditors' Meeting Set for March 16
X2166 PTY: First Creditors' Meeting Set for March 16
C H I N A
CHINA EVERGRANDE: Chairman's Seized Hong Kong Mansion Up for Sale
NEW ORIENTAL: Moody's Affirms 'Ba1' CFR & Alters Outlook to Stable
I N D I A
ADARSHA AUTO: Ind-Ra Assigns B+ Long Term Issuer Rating
ALFA TRANSFORMERS: CARE Hikes Rating on INR3.35cr LT Loan to B-
ARTEDZ FABS: CARE Keeps D Debt Rating in Not Cooperating
BAKERI PROJECTS: Ind-Ra Assigns BB Issuer Rating, Outlook Stable
BAKERI URBAN: Ind-Ra Assigns BB LT Issuer Rating, Outlook Stable
BALPRADA HOTELS: ICRA Withdraws D Rating on INR91cr Term Loan
CAPACITE ENGINEERING: Ind-Ra Cuts Long Term Issuer Rating to BB-
CARNIVAL SOFT: ICRA Keeps D Debt Rating in Not Cooperating
DAULAT RAM: CARE Withdraws D Rating on Long and Short Term Debts
DEE VEE: Ind-Ra Keeps BB+ Issuer Rating in Non-Cooperating
FLAMINGO PHARMACEUTICALS: Ind-Ra Moves BB+ Rating to NonCooperating
FUTURE RETAIL: RP Files Complaint vs. Directors for Loss
HIGH GROUND: Ind-Ra Cuts Long Term Issuer Rating to 'D'
INFRASTRUCTURE FINANCE: CARE Reaffirms D Rating on LT Loan
JALNA SIDDHIVINAYAK: Ind-Ra Keeps D Rating in NonCooperating
JMD LIMITED: ICRA Withdraws D Rating on INR55.39cr Term Loan
MAHASEMAM TRUST: Ind-Ra Affirms & Withdraws BB+ Bank Loan Rating
MAYUR LEATHER: CARE Keeps D Debt Ratings in Not Cooperating
MEDEOR HOSPITAL: CARE Reaffirms D Rating on INR451.04cr LT Loan
MEMBRANE FILTERS: CARE Keeps D Debt Ratings in Not Cooperating
MERCATOR LIMITED: CARE Keeps D Debt Ratings in Not Cooperating
MS ADARSHA: Ind-Ra Assigns BB+ LT Issuer Rating, Outlook Stable
NANDI GRAIN: CARE Keeps D Debt Ratings in Not Cooperating
NEW JAI: CARE Keeps D Debt Rating in Not Cooperating Category
PEC LIMITED: Ind-Ra Keeps D LT Issuer Rating in Non-Cooperating
PRITHVI RESIDENCY: NCLT Allows Piramal Cap's Insolvency Plea
RAIGANJ-DALKHOLA: CARE Reaffirms D Rating on INR92.35cr LT Loan
RAM CASHEW: CARE Keeps C Debt Rating in Not Cooperating Category
RAMESHWAR PRASAD: Ind-Ra Affirms BB- Long Term Issuer Rating
RANGOTSAV SAREES: CARE Keeps D Debt Rating in Not Cooperating
RELIANCE CAPITAL: CARE Keeps D Debt Ratings in Not Cooperating
RELIANCE COMMERCIAL: CARE Keeps D Debt Ratings in Not Cooperating
RELIANCE HOME: CARE Keeps D Debt Ratings in Not Cooperating
SUBA PLASTICS: ICRA Withdraws B+ Rating on INR18.77cr Term Loan
SUPERFINE BLEACHING: CARE Keeps C Debt Rating in Not Cooperating
SUPREME & COMPANY: CARE Keeps D Debt Ratings in Not Cooperating
TATHVA PROJECTS: CARE Keeps C Debt Rating in Not Cooperating
N E W Z E A L A N D
BEN'S PIANO: Court to Hear Wind-Up Petition on March 17
BIG CATS: Owner Fears Big Cats at Risk of Euthanasia
FILL A BOWL: Creditors' Proofs of Debt Due on April 7
LAWNS & THORNS: Creditors' Proofs of Debt Due on March 31
SAFARI BBQ: Court to Hear Wind-Up Petition on March 24
SKYSOLAR LIMITED: Creditors' Proofs of Debt Due on April 12
S I N G A P O R E
25SNAP PTE: Court Enters Wind-Up Order
APEX PRINTING: Court Enters Wind-Up Order
DORE CLINIC: Court to Hear Wind-Up Petition on March 24
EQONEX LIMITED: Court to Hear Judicial Management Bid on March 23
FAT CAT: Court to Hear Wind-Up Petition on March 24
YANLORD LAND: Moody's Affirms Ba2 CFR & Alters Outlook to Negative
S O U T H K O R E A
DOOSAN BOBCAT: Moody's Affirms 'Ba3' CFR, Alters Outlook to Pos.
X X X X X X X X
[*] BOND PRICING: For the Week March 6, 2023 to March 10, 2023
- - - - -
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A U S T R A L I A
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BALLISTIC BEER: Avoids Liquidation as Creditors Accept DOCA
-----------------------------------------------------------
Brews News reports that Ballistic Beer Co, which went into
voluntary administration in January, has avoided liquidation as
creditors have voted to accept a Deed of Company Arrangement.
Under the DOCA, a consortium of new investors, including Catchment
Brewing Company, has invested AUD850,000 to take a majority share
in the business, Brews News relates.
Ballistic entered voluntary administration with debts of more than
AUD5 million, including more than AUD2 million owed to the
Australian Tax Office.
A creditors meeting was initially held last week, but was adjourned
until March 10 as administrators failed to secure approval for the
arrangement, which initially saw the consortium offer an investment
of AUD700,000, according to Brews News.
Questions were also raised at that meeting about the identity of
the investors and what plans they had to turn the business around.
Under the initial proposal, unsecured creditors were expected to
receive a dividend of 7 cents in the dollar. Under the revised
proposal, that saw an additional AUD150,000 offered taking the
total to AUD850,000, the administrator estimated that creditors
would receive 10 cents in the dollar, notes the report.
While the Deed of Company Arrangement was passed, the Australian
Tax Office - the largest creditor - notably voted against the
arrangement, Brews News says. A majority of creditors in value and
number must vote for a DOCA for it to pass. Despite the size of the
debt to the ATO, it did not represent the majority of the debts in
total.
Brews News says the Australian Tax Office stood to set an expensive
precedent in the event that it voted to accept the Deed, with a
large number of breweries currently carrying significant debts for
excise deferred during COVID.
During the meeting, questions were asked about the legality of
staff being stood down without pay by the administrators rather
than terminated, with the administrators questioned about the
staff's position under the proposed Deed.
Brews News relates that some creditors suggested that standing down
staff, as opposed to terminating them, was illegal quoting advice
from Fair Work Australia. It was also suggested that by standing
down the workers and not terminating them, their redundancy costs
were not factored into the DOCA calculations, while their wages
were also not factored into the future running costs of the
business.
A supplementary report by the administrators noted that Ballistic
had reduced its full-time staff by 16 under the administration,
reducing the company's ongoing annual wage bill by AUD1.25 million,
however, it was suggested that these workers' entitlements were
also not reflected in the DOCA calculations.
Brews News understands that the Administrator accepted that the
DOCA did not factor in the redundancy costs related to possible the
termination of the stood-down staff which could see the dividend
paid to creditors under the DOCA being reduced from AUD0.10 as a
result.
Staff terminated through the administration process are priority
creditors and will be paid first before unsecured creditors receive
a dividend, Brews News notes.
Under the company arrangement, the new investors will be paying
AUD850,000 into the businesses, according to the report.
Convertible noteholders - including Mighty Craft and founder David
Kitchen - waived debts of AUD1.2 million, while shareholders waived
debts of AUD145,000 for loans provided to the company.
According to the report, the DOCA was recommended by the
administrators who suggested that it was in the best interests of
creditors who they said would receive less if the company went into
liquidation. The administrators said that the brewery assets at
market value were worth AUD1 million, though were likely to fetch
AUD400,000 at auction.
To receive the same return as expected under the DOCA, the
administrators would need to sell the businesses and recover
AUD2.05 million, the report notes.
Ballistic Beer Co launched operations in 2017 with its Salisbury
taphouse, before capitalising on the craft beer boom with premises
in Brisbane, Bundaberg and Airlie Beach.
Jason Glenn Stone and Paul Anthony Allen of PKF Melbourne were
appointed as administrators of the company on Jan. 24, 2023.
CAPITAL CAPITAL: ASIC Cancels AFS Licence
-----------------------------------------
Australian Securities & Investments Commission (ASIC) has cancelled
the Australian financial services (AFS) licence of Capital Capital
Pty Ltd.
The license authorised Capital Capital to deal in interests in
managed investment schemes to wholesale clients.
ASIC cancelled the licence on the basis that Capital Capital had
failed to meet its financial reporting obligations.
Capital Capital may apply to the Administrative Appeals Tribunal
for a review of ASIC's decision.
Capital Capital has held AFS license no. 519946 since Jan. 20,
2020.
IN2FOOD MANUFACTURING: First Creditors' Meeting Set for March 16
----------------------------------------------------------------
A first meeting of the creditors in the proceedings of In2Food
(Manufacturing) Pty Limited, In2Food (Industrial) Pty Limited,
In2Food (Operations) Pty Limited, and In2Food (WA) Pty Limited will
be held on March 16, 2023, at 1:00 p.m. via virtual meeting
technology.
Matthew Levesque-Hocking and Todd Andrew Gammel of HLB Mann Judd
were appointed as administrators of the company on March 7, 2023.
LA TROBE 2023-1: S&P Assigns Prelim B+ (sf) Rating to Cl. F Notes
-----------------------------------------------------------------
S&P Global Ratings assigned its preliminary ratings to eight of the
10 classes of residential mortgage-backed securities (RMBS) to be
issued by Perpetual Corporate Trust Ltd. as trustee for La Trobe
Financial Capital Markets Trust 2023-1. La Trobe Financial Capital
Markets Trust 2023-1 is a securitization of nonconforming and prime
residential mortgages originated by La Trobe Financial Services Pty
Ltd. (La Trobe Financial).
The preliminary ratings reflect:
-- That the credit risk of the underlying collateral portfolio and
the credit support provided to each class of notes are commensurate
with the ratings assigned. Credit support is provided by
subordination and excess spread. The assessment of credit risk
takes into account La Trobe Financial's underwriting standards and
approval process, and La Trobe Financial's servicing quality.
-- That the transaction's cash flows can meet timely payment of
interest and ultimate payment of principal to the noteholders under
the rating stresses. Key factors are the level of subordination
provided, an amortizing liquidity facility sized at 1.5% of the
note balance, the principal draw function, the yield reserve, the
retention amount built from excess spread before the call date, the
amortization amount built from excess spread after the call date or
upon a servicer default, and the provision of an extraordinary
expense reserve. All rating stresses are made on the basis that the
trust does not call the notes at or beyond the call date, and that
all rated notes must be fully redeemed via the principal waterfall
mechanism under the transaction documents.
-- That S&P also has factored into our ratings the legal structure
of the trust, which has been established as a special-purpose
entity and meets its criteria for insolvency remoteness.
-- The counterparty support provided by National Australia Bank
Ltd. as liquidity facility provider and Commonwealth Bank of
Australia as bank account provider. The transaction documents for
the liquidity facility and bank accounts include downgrade language
consistent with S&P's "Counterparty Risk Framework: Methodology And
Assumptions" criteria, published on March 8, 2019, that requires
the replacement of the counterparty or other remedy, should its
rating fall below the applicable rating.
Preliminary Ratings Assigned
La Trobe Financial Capital Markets Trust 2023-1
Class A1S, A$187.50 million: AAA (sf)
Class A1L, A$386.25 million: AAA (sf)
Class A2, A$67.50 million: AAA (sf)
Class B, A$57.77 million: AA (sf)
Class C, A$19.28 million: A (sf)
Class D, A$13.35 million: BBB (sf)
Class E, A$7.85 million: BB (sf)
Class F, A$3.00 million: B+ (sf)
Equity 1, A$5.65 million: Not rated
Equity 2, A$1.85 million: Not rated
M.E & CO: First Creditors' Meeting Set for March 17
---------------------------------------------------
A first meeting of the creditors in the proceedings of M.E & CO
Investments Pty Ltd (trading as Pirtek Laverton) and E.M & CO
Investments Pty Ltd (trading as Pirtek Tullamarine) will be held on
March 17, 2023, at 12:00 p.m. via virtual meeting technology.
Stephen Dixon of Hamilton Murphy Advisory was appointed as
administrator of the company on March 6, 2023.
PBS BUILDING: First Creditors' Meeting Set for March 17
-------------------------------------------------------
A first meeting of the creditors in the proceedings of:
- PBS Building Pty Ltd;
- PBS Building (NSW) Pty Ltd;
- PBS Building (QLD) Pty Ltd;
- PBS Building (ACT) Pty Limited; and
- PBS Management Company Pty Ltd
will be held on March 17, 2023, at 2:00 p.m. via virtual meeting
technology.
Jonathon Kingsley Colbran and Mitchell Herrett & Richard Stone of
RSM Australia Partners were appointed as administrators of the
company on March 7, 2023.
THERMAGLAZE WINDOWS: First Creditors' Meeting Set for March 20
--------------------------------------------------------------
A first meeting of the creditors in the proceedings of Thermaglaze
Windows (WA) Pty Ltd will be held on March 20, 2023, at 11:00 a.m.
via teleconference facilities.
Stephen Dixon and Geoffrey Trent Hancock of Hamilton Murphy
Advisory were appointed as administrators of the company on March
8, 2023.
VIRGIN AUSTRALIA: In Talks for US$300MM Loan Ahead of Planned IPO
-----------------------------------------------------------------
Reuters reports that Virgin Australia is in talks with banks for a
loan of up to AUD450 million (US$296.4 million) to pay its private
equity owner Bain Capital before the airline's re-listing planned
for later this year, two sources with direct knowledge of the
matter said.
Reuters relates that Australia's second largest airline is in
discussions with banks including Goldman Sachs and UBS about the
loan, said the sources, although no decision has been made yet and
the size of the debt has not been finalised.
U.S.-based Bain said in January it would explore re-listing Virgin,
which it bought for AUD3.5 billion including liabilities in 2020
after it was placed in voluntary administration, the closest
Australian equivalent to Chapter 11 bankruptcy, Reuters recalls.
It hired Goldman, UBS and Barrenjoey last month as lead managers
for the potential initial public offering (IPO).
According to Reuters, Virgin is looking to raise at least AUD1
billion, one of the two sources, and another person with direct
knowledge said, which would make it the largest share sale in
Australia since investment firm GQG Partners raised AUD1.18 billion
in October 2021.
The sources said the airline, a rival to Qantas Airways Ltd in the
domestic market, was expected to seek an equity valuation of at
least AUD3 billion upon listing.
Reuters notes that the IPO will be a test for Australia's financial
market and its aviation sector, which has improved substantially
since state and international borders reopened in early 2022 after
long closures during the pandemic.
Virgin, which reported seven consecutive annual losses even before
COVID-19 decimated travel globally, roared back to full year profit
in this financial year under a new management led by Chief
Executive Jayne Hrdlicka, adds Reuters.
About Virgin Australia
Brisbane, Queensland-based Virgin Australia is Australia's
second-largest airline. It commenced services in 2000 as Virgin
Blue, wholly owned by the Virgin Group.
Virgin Australia Holdings Ltd. was the first Asian airline to
succumb to the challenges of the coronavirus pandemic. The airline
carrier collapsed into voluntary administration in April 2020.
Richard John Hughes, John Greig, Vaughan Strawbridge and Sal Algeri
of Deloitte were appointed as administrators of Virgin Australia,
et al., on April 20. The administrators were tasked to restructure
and find new owners for the airline. The airline's frequent flyer
program is a separate company and is not in administration.
At the time of its collapse, Virgin Australia continued to operate
some flights for essential workers, freight and the repatriation of
Australians.
The company owes AUD6.8 billion to lenders, bondholders, aircraft
lessors, trade creditors and employees.
On April 29, 2020, Virgin Australia and more than 30 of its
affiliates filed petitions pursuant to Chapter 15 of the Bankruptcy
Code in the U.S. Bankruptcy Court for the Southern District of New
York. Vaughan Strawbridge, Richard Hughes, John Greig, Salvatore
Algeri were tapped as foreign representatives. Renee M. Dailey,
Esq. of Akin Gump Strauss Hauer & Feld LLP serves as counsel to the
Foreign Representatives.
In June 2020, administrator Deloitte agreed to sell the airline
carrier to American private equity giant Bain Capital. The size of
the bid for the airline has not been revealed.
In September 2020, the creditors of Virgin Australia voted to
accept the sale of the stricken airline to Bain Capital.
WIGGLEBUG PTY: First Creditors' Meeting Set for March 16
--------------------------------------------------------
A first meeting of the creditors in the proceedings of Wigglebug
Pty Ltd will be held on March 16, 2023, at 10:00 a.m. at the
offices of WLP Restructuring, Suite 21.02, Level 21 Australia
Square, 264 George Street, in Sydney, NSW.
Alan Walker and Glenn Livingstone of WLP Restructuring were
appointed as administrators of the company on March 6, 2023.
X2166 PTY: First Creditors' Meeting Set for March 16
----------------------------------------------------
A first meeting of the creditors in the proceedings of X2166 Pty
Ltd will be held on March 16, 2023, at 11:00 a.m. at the offices of
O'Brien Palmer, at Level 9, 66 Clarence Street, in Sydney, NSW.
Daniel John Frisken of O'Brien Palmer was appointed as
administrator of the company on March 6, 2023.
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C H I N A
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CHINA EVERGRANDE: Chairman's Seized Hong Kong Mansion Up for Sale
-----------------------------------------------------------------
Reuters reports that a US$112 million mansion in Hong Kong that
belonged to China Evergrande Group's chairman has been put up for
sale by its receivers, property agents said on March 9.
The mansion, located in the prestigious The Peak residential
district, could be the first known case of chairman Hui Ka Yan's
personal assets in Hong Kong being seized, Reuters says.
Other assets of Evergrande in Hong Kong have all either been seized
or sold, after the world's most indebted property developer
defaulted its debt in late 2021.
A buyer is expected to be confirmed in the second half of this
month, joint agents of the sale Centaline and CBRE said, adding
that dozens of potential buyers have enquired about the mansion,
according to Reuters.
The 5,000 sq ft (465 sq m) mansion, with sweeping views of the
city's skyscrapers, was seized by China Construction Bank (Asia) on
Nov. 1 via the appointment of receivers, Reuters discloses citing
records from the Hong Kong Land Registry.
It had been pledged to raise about HK$300 million to repay an
overdue Evergrande bond, local media HK01 reported in 2021.
According to Reuters, the two sales agents said the mansion is
valued at HK$880 million (US$112.1 million) and among the potential
buyers who have made enquiries more than 60% were the super-rich
from Hong Kong, while around 30% were mainland Chinese clients.
Hui owns two other luxury homes in the same development in The
Peak, which were pledged to Orix Asia Capital Ltd in November 2021
for undisclosed amounts, according to the Land Registry.
China Evergrande, saddled with more than $300 billion in
liabilities, is aiming to unveil some debt restructuring terms
before the next winding-up court hearing on March 20 in order to
seek another adjournment, Reuters reported on March 9.
About China Evergrande
China Evergrande Group is an integrated residential property
developer. The Company, through its subsidiaries, operates in
property development, investment, management, finance, internet,
health, culture, and tourism markets.
Evergrande had CNY1.97 trillion (US$311 billion) of liabilities at
the end of June 2021. Once China's biggest developer by sales,
Evergrande fell into distress as cash dried up and the group
overstretched itself on borrowings and ventures into car
manufacturing.
Evergrande hired outside financial advisers Houlihan Lokey and
Admiralty Harbour Capital in September 2021 to engage with
creditors soon after it ran into a liquidity squeeze. It has since
worked with more advisers in the past two months by turning to
China International Capital Corp, BOCI Asia and Zhong Lun Law Firm
on its debt workout plan.
As reported in the Troubled Company Reporter-Asia Pacific in
October 2022, Moody's Investors Service has withdrawn China
Evergrande Group's (Evergrande) corporate family rating and senior
unsecured ratings, the CFRs of Hengda Real Estate Group Company
Limited and Tianji Holding Limited, and Scenery Journey Limited's
backed senior unsecured ratings.
NEW ORIENTAL: Moody's Affirms 'Ba1' CFR & Alters Outlook to Stable
------------------------------------------------------------------
Moody's Investors Service has affirmed New Oriental Education &
Technology Group Inc.'s Ba1 corporate family rating and the Ba1
senior unsecured rating on the bonds issued by the company.
At the same time, Moody's has revised the outlook on the ratings to
stable from negative.
"The stable outlook reflects Moody's expectation that New
Oriental's credit profile will stabilize as a result of a steady
recovery in its remaining education service segments after the
cessation of the company's K-9 Academic after school tutorial (AST)
services. Also supporting the company's credit quality is a likely
prudent expansion in its new business initiatives amid the
regulatory changes in China's private education sector over the
past 12 to 18 months," says Shawn Xiong, a Moody's Vice President
and Senior Analyst.
"The affirmation reflects New Oriental's position as a leading
private education services provider in China, its long operating
track record, and demonstrated ability to navigate regulatory
changes while maintaining a solid financial profile and very good
liquidity," adds Xiong.
RATINGS RATIONALE
New Oriental's Ba1 CFR reflects its position as a leading private
education services provider in China, with an established track
record of over 30 years, good brand recognition through business
cycles and regulatory changes, its solid credit metrics and very
good liquidity.
However, the company's CFR is constrained by its relatively small
scale, the highly competitive and fragmented market in China and
execution risks associated with its new business initiatives.
Social risks have been very highly negative for New Oriental.
China's policy change highlighted the Chinese government's aim of
reducing the burden of academic studies. But the change has had a
very highly negative credit impact on New Oriental, resulting in
the cessation of its K-9 Academic AST Services.
Moody's expects New Oriental's revenue to decline around 10% for
the year ending May 31, 2023 (FY2023) to around $2.8 billion.
However, revenue will grow 10%-15% for FY2024, driven by a steady
recovery in the company's private educational services businesses,
as well as strong growth in its livestreaming e-commerce business.
Following the completion of its business transition out of K-9
Academic AST services, New Oriental's remaining education
businesses have steadily recovered, indicated by 17% and 14%
revenue growth for its overseas test preparation and overseas study
consulting businesses, respectively, during the second quarter
ended November 30, 2022. Its new livestreaming business also grew
very strongly during the period.
Moody's also forecasts the company's adjusted EBITDA margin will
rebound to 25%-27% over the next 12-18 months as the growth of its
remaining private education services gradually increases margins
for the segment to pre-pandemic levels. In addition, the very
strong growth of the company's livestreaming business, which enjoys
a solid margin due to its strong brand recognition and focus on
premium products, will also help its margin recovery.
As a result, Moody's expects New Oriental's debt leverage, as
measured by Moody's-adjusted debt-to-EBITDA, to decrease to around
0.8x over the next 12-18 months. This is because as of February 22,
2023, the company has repurchased approximately 95% of its $300
million bonds due in July 2025 and has no other interest-bearing
debt. The company's leverage is very strong for its rating level,
and provides ample buffer to absorb execution risks.
New Oriental's liquidity position is very good. Its cash and cash
equivalents, term deposits and short-term investments totaled
approximately $4.2 billion as of November 30, 2022, which combined
with its expected operating cash flow, will be more than sufficient
to cover its expected capital spending and share repurchase program
of up to $400 million.
For its remaining private education services, Moody's expects New
Oriental to continue with a capital-light business model. For new
business initiatives such as live streaming, capital requirements
will also be limited because of the company's strategy of
leveraging its strong brand recognition, existing resources and
focusing on its core customers whilst gradually expanding the
product categories.
ENVIRONMENTAL, SOCIAL, GOVERNANCE (ESG) CONSIDERATIONS
New Oriental's ESG credit impact score is very highly negative
(CIS-5), driven by its very highly negative exposure to social
risks, as indicated by a policy change in China that resulted in
the cessation of the company's K-9 Academic AST Services. This high
social risk offsets the company's neutral to low governance risk
exposure as a result of its prudent financial policy and strong
track record.
FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS
The stable outlook reflects Moody's expectation that the company
will maintain a solid credit profile with a steady recovery in its
remaining private education services segments after the cessation
of the company's K-9 Academic AST Services whilst growing its new
business initiatives.
An upgrade in the near term is unlikely given the company's
weakened business profile and execution risks. Positive momentum
could develop over a longer horizon if New Oriental (1) strengthens
its business profile, sustaining organic revenue growth with a
longer track record and larger scale; (2) maintains its solid
reported net cash position and generates positive cash flow; and
(3) maintains its strong credit metrics.
Moody's could downgrade the rating if (1) the company's operations
fail to sustain a steady recovery; (2) its new business initiatives
fail to maintain growth or (3) if the company loses its solid net
cash position.
Weakening credit metrics could also include adjusted debt to EBITDA
above 3.5x and adjusted EBITDA margin less than 20%.
The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.
Established in 1993, New Oriental Education & Technology Group Inc.
(New Oriental) is a leading provider of private education services
in China. The company has operated for close to 30 years, and has
strong brand recognition and a diverse geographic footprint in
China. The company has been listed on the New York Stock Exchange
since 2006 as well as on the Hong Kong Stock Exchange since 2020.
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I N D I A
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ADARSHA AUTO: Ind-Ra Assigns B+ Long Term Issuer Rating
-------------------------------------------------------
India Ratings and Research (Ind-Ra) has taken the following rating
actions on Adarsha Auto World Private Limited (AAWPL):
-- Long-Term Issuer Rating affirmed with IND B+/Stable rating;
-- INR572.5 mil. Fund-based working capital limits affirmed with
IND B+/Stable/IND A4 rating;
-- INR202.5 mil. Fund-based working capital limits assigned with
IND B+/Stable/IND A4 rating;
-- INR117.6 mil. (increased from INR 107.7 mil.) Term loan due on
FY27 affirmed with IND B+/Stable rating; and
-- INR30 mil. Non-fund-based working capital limits assigned with
IND A4 rating.
Rating Sensitivities
Positive: An improvement in the liquidity position and substantial
increase in the scale of operations while maintaining the interest
coverage above 1.5x could lead to a positive rating action.
Negative: A decline in the scale of operations or any further
stress in the liquidity position or the interest coverage falling
below 1x could lead to a negative rating action.
Company Profile
AAWPL, which started operations in 2016, is the sole authorized
dealer of Maruti Suzuki India limited's NEXA in the Karimnagar and
Warangal districts in Telangana and is one of the authorized
dealers in Kukatpally (Hyderabad). It operates four showrooms and
three workshops across Telangana, and has one true value outlet
(resale). The company is managed by B. Satyanarayana Goud and is
part of Adarsha group, which has authorized dealerships of various
original equipment manufacturers, including MSIL, TVS Motors
Company, and Mahindra & Mahindra Limited.
ALFA TRANSFORMERS: CARE Hikes Rating on INR3.35cr LT Loan to B-
---------------------------------------------------------------
CARE Ratings has revised the ratings on certain bank facilities of
Alfa Transformers Limited (ATL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term 3.35 CARE B-; Stable Revised from
Bank Facilities CARE D; Stable outlook assigned
Short Term
Bank Facilities 10.96 CARE A4 Revised from CARE D
Rationale and key rating drivers
The revision in the ratings assigned to the bank facilities of ATL
considers delay/default free track record of debt servicing for a
period of more than 90 days. CARE Ratings also notes the
improvement in the financial performance of the company in 9MFY23
(refers to the period April 1 to December 31). The ratings continue
to be constrained by stretched liquidity position, low order book
position, exposure to volatility in raw materials and competitive
nature of industry coupled with business risk associated with
tender-based orders.
The ratings, however, derive strength from its experienced
management with long track record of operations and reputed
clientele.
Rating sensitivities: Factors likely to lead to rating actions
Positive Factors
* Increase in TOI above INR40 crore with PBILDT of more than INR3
crore on sustained basis.
* Improvement in liquidity position marked by average working
capital utilization below 80% on sustained basis.
Negative factors
* Any further operating losses leading to weakening of liquidity
position.
Analytical approach: Standalone
Key weaknesses
* Weak financial performance and deterioration in capital structure
in FY22; albeit improvement in 9MFY23: The
total income (TOI) of the company has witnessed a de-growth of
around 49% to INR10.13 crore in FY22 as compared to INR19.79 crore
in FY21 on account of lower order executed. Consequently, the
company continued to incur operating loss in FY22 mainly on account
of higher operational expenses and lower margin orders execution.
Nonetheless, financial performance of the company witnessed
improvement in mainly Q2FY23 and Q3FY23 as the company has executed
higher orders on the back improved liquidity position attributable
to the fund infused by the promoters in the form of unsecured loans
to the tune of INR3.26 crore, reinstatement of working capital
limits by the banker and comparatively better collection from
debtors. Consequently, TOI of the company increased to INR22 crore
and profit after tax (PAT) of INR0.80 crore in 9MFY23 vis-a-vis TOI
of INR6.54 crore and loss of INR3.34 crore in 9MFY22. The capital
structure of ATL further moderated in FY22 over FY21 due to
negative net-worth of the company as the company continuously
incurred cash losses during the said period. Nonetheless, the same
is expected to improve in FY23 based 9MFY23
performance.
* Low order book position of the company: Alfa Transformers Limited
has low order book position of INR6.60 crore as on Jan. 31, 2023.
However, the company is expecting an order of INR25 crore to INR30
crore from Gujarat Discom by end of February, 2023 which will lead
to revenue visibility in the near term.
* Exposure to volatility in raw material prices: The company is
engaged in manufacturing of electrical equipment like power
transformers. The major raw materials required for the same are
copper, aluminum, cold rolled grain-oriented insulation materials
resistance materials and other steel materials the prices of which
are volatile and may affect the company's margins.
* Competitive nature of industry coupled with business risk
associated with tender-based orders: ATL faces direct competition
from various organized and unorganized players in the market. The
company majorly undertakes contracts from government departments
and corporates, which are awarded through the tender-based system.
This exposes the company towards risk associated with the
tender-based business, which is characterized by intense
competition. Moreover, any changes in the government policy or
their spending on projects are likely to affect the revenues of the
company.
Key strengths
* Experienced management with long track record of operations: ATL
is engaged in manufacturing of small distribution transformers and
offers related technical assistance and services, including repair
work since 1982 and thus having more than three decades of track
record of operations during which it has acquired technologies to
manufacture specialised transformers such as furnace, stabilised
output, single-phase, and amorphous metal alloy transformers.
* Reputed clientele: Over the years, ATL has established a good
relationship with its customers and has reputed clientele portfolio
from public and private sector.
Liquidity: Stretched
Stretched liquidity position is marked by cash losses incurred in
the last 3 financial years. The debt repayment obligations are
being met through utilization of working capital limits.
Nonetheless, liquidity position has improved in 9MFY23 on the back
of cash profit earned by the company during the period, unsecured
loans infused by promoters to the tune of INR3.26 crore and
reinstatement of working capital limits by the lenders. Going
forward, liquidity position of the company is expected to improve
on the back of improved financial performance.
Odisha based ATL, incorporated in 1982, is promoted by Mr. D. K.
Das. ATL manufactures small distribution transformers and offers
related technical assistance and services, including repair work.
The company has two manufacturing units located at Bhubaneswar and
Vadodara.
ARTEDZ FABS: CARE Keeps D Debt Rating in Not Cooperating
--------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Artedz Fabs
Limited (AFL) continues to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 10.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE had, vide its press release dated January 12, 2022, placed the
rating(s) of AFL under the 'issuer noncooperating' category as AFL
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. AFL continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
February 15, 2023 and February 23, 2023.
In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating.
Incorporated in 2006, Artedz Fabs Limited (AFL) is engaged in
manufacturing & trading of grey & finished cotton fabrics for
shirting material, wherein the dyeing process is completely
outsourced, and the grey fabrics manufacturing is undertaken in
house, whereas the excess demand is met by way of outsourcing the
said activity. However, the company also undertakes trading of grey
& finished fabrics, depending upon the customer's demand. The
company generally purchases primary raw material viz. yarn from
domestic market and sells finished fabric to wholesalers and
garment manufacturers mainly in Mumbai. The company's name has been
changed from Artedz Fabs Private Limited (AFPL) to Artedz Fabs
Limited (AFL) with effect from February 19, 2018. The order for
liquidation is passed by the NCLT against AFL on October 6, 2022.
BAKERI PROJECTS: Ind-Ra Assigns BB Issuer Rating, Outlook Stable
----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has assigned Bakeri Projects
Private Limited (BPPL) a Long-Term Issuer Rating of 'IND BB'. The
Outlook is Stable.
The instrument-wise rating actions are:
-- INR87 mil. Term loan due on June 2026 assigned with IND BB/
Stable rating;
-- INR133 mil. Bank overdraft assigned with IND BB/Stable rating;
-- INR250 mil. Proposed term loan assigned with IND BB/Stable
rating; and
-- INR30 mil. Proposed bank guarantee assigned with IND BB/Stable
rating.
ANALYTICAL APPROACH: Ind-Ra has taken a consolidated view of BPPL
and its wholly-owned subsidiary Bakeri Urban Development Private
Limited (BUDPL), while assigning the ratings, owing to the strong
legal, operational and financial linkages between them. BPPL has
also provided a corporate guarantee for BUDPL's non-convertible
debentures.
Key Rating Drivers
Liquidity Indicator – Stretched: The ratings reflect BPPL's
stretched liquidity position on account of the group's low sales
and collection velocity during the 12 months ended November 2022.
The agency expects the liquidity to remain under pressure if the
finished inventory is not liquidated, given the sizable committed
construction cost for under construction & new projects, along with
sizable scheduled debt repayments.
The group's sales and collection were at INR900 million during the
12 months ended November 2022, despite high completion status of
the projects and ready inventory. Furthermore, BPPL, through a
special purpose vehicle, entered into a Gift City project in
Ahmedabad for a total cost of INR4 billion, which is likely to have
high committed construction costs. BPPL has scheduled repayments of
INR520 million, INR550 million and INR450 million in FY23, FY24 and
FY25, respectively, while BUDPL has repayments of INR230 million,
INR190 million and INR250 million. The group has proposed term loan
for the new projects, which is yet to be sanctioned. BPPL had also
provided guarantee of INR2,040 million, largely for BUDPL's debt.
BUDPL is mainly engaged in plotted developments, which typically
have weak sales velocity albeit low development costs.
However, the ratings are supported by BPPL's lower project
execution risk as it has achieved 82% construction completion on a
weighted average basis for its seven projects (six residential and
one commercial) as of December 2022. Of these, only two projects
Sujal redevelopment (yet to commence) and Samasta Arcade (31%
complete) have sizeable construction costs left and management
expects these projects to be completed by March 2026 and March
2025, respectively. With only two projects under construction, BPPL
is cautiously looking at more opportunities in the residential
space.
The ratings also benefit from BPPL's adequate revenue visibility
due to its high inventory. It has completed inventory of about
400,000 sf valued at INR2 billion, which along with a combined
collection velocity of INR758 million over the last 20 months ended
November 2022, provides adequate revenue visibility. Ind-Ra expects
BPPL's collection velocity to improve as the company liquidates
completed inventory and sells Sujal redevelopment project.
While the group is mainly concentrated in Gujarat as its main
market, the promoters' more than five decades of experience in the
real estate construction business has enabled the company to
establish a brand presence. The group has developed more than 25
million sf of plotted development and 17 million sf of constructed
properties.
Rating Sensitivities
Positive: Timely tie up of debt, successful project completion,
sale of inventory as planned, and a significant increase in sales
realization, leading to a strong cash flow visibility could lead to
a positive rating action.
Negative: Any delay in debt tie-up, leading to a significant time
or cost overrun in the ongoing projects, and lower-than-expected
sales volume or slow realization from bookings leading to pressure
on the liquidity, will be negative for the ratings.
Company Profile
BPPL is a real estate development company engaged in residential,
plotted development, and commercial real estate properties. The
company is part of Bakeri Group.
Bakeri Group was set up in 1959 and has developed more than 25
million sf of plotted development and 17 million sf of constructed
properties in Ahmedabad.
BAKERI URBAN: Ind-Ra Assigns BB LT Issuer Rating, Outlook Stable
----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has assigned Bakeri Urban
Development Private Limited (BUDPL) a Long-Term Issuer Rating of
'IND BB'. The Outlook is Stable.
The instrument-wise rating actions are:
-- INR1.050 bil. Non-convertible debentures (NCD)* assigned with
IND BB/Stable rating; and
-- INR100 mil. Working capital demand loan assigned with IND BB/
Stable rating.
*Details in Annexure
ANALYTICAL APPROACH: Ind-Ra has taken a consolidated view of BUDPL
and its 100% parent Bakeri Projects Private Limited ('IND
BB'/Stable), while assigning the ratings, owing to the strong
legal, operational and financial linkages between them. BPPL has
also provided a corporate guarantee for BUDPL's NCDs.
Key Rating Drivers
Liquidity Indicator – Stretched: The ratings reflect BUDPL's
stretched liquidity position on account of the group's low sales
and collection velocity during the 12 months ended November 2022.
The agency expects the liquidity to remain under pressure if the
finished inventory is not liquidated, given the sizable committed
construction cost for under construction and new projects, along
with sizable scheduled debt repayments.
The group's sales and collection were at INR900 million during the
12 months ended November 2022, despite high completion status of
the projects and ready inventory. Furthermore, BPPL, through a
special purpose vehicle, entered into a Gift City project in
Ahmedabad for a total cost of INR4 billion, which is likely to have
high committed construction costs. BPPL has scheduled repayments of
INR520 million, INR550 million and INR450 million in FY23, FY24 and
FY25, respectively, while BUDPL has repayments of INR230 million,
INR190 million and INR250 million. The group has proposed a term
loan for the new projects, which is yet to be sanctioned. BPPL had
also provided guarantee of INR2,040 million, largely for BUDPL's
debt. BUDPL is mainly engaged in plotted developments, which
typically have weak sales velocity albeit low development costs.
However, the ratings are supported by BUDPL's lower project
execution risk as it has achieved 76% construction completion on a
weighted average basis for its seven projects (three plotted
development, two residential, one commercial and one golf country
project) as of December 2022. Of these, only two projects Sylvan
golf & country (6% complete) and Serenity Proximus II (57%
complete) have sizeable construction costs left and management
expects these projects to be completed by March 2026 and December
2023, respectively.
The ratings also benefit from BUDPL's adequate revenue visibility
due to its high inventory. It has completed inventory of about
400,000sf valued at INR1.5 billion, which along with a combined
collection velocity of INR758 million over the last 20 months ended
November 2022, provides adequate revenue visibility. Ind-Ra expects
BPPL's collection velocity to improve as the company liquidates
completed inventory and sells Sylvan golf & country project.
While the group is mainly concentrated in Gujarat as its main
market, the promoters' more than five decades of experience in the
real estate construction business has enabled the company to
establish a brand presence. The group has developed more than 25
million sf of plotted development and 17 million sf of constructed
properties.
Rating Sensitivities
Positive: Timely tie up of debt, successful project completion,
sale of inventory as planned, and a significant increase in sales
realization, leading to a strong cash flow visibility could lead to
a positive rating action.
Negative: Any delay in debt tie-up, leading to a significant time
or cost overrun in the ongoing projects, and lower-than-expected
sales volume or slow realization from bookings leading to pressure
on the liquidity, will be negative for the ratings.
ESG Issues
ESG Factors Minimally Relevant to Rating: Unless otherwise
disclosed in this section, the ESG issues are credit neutral or
have only a minimal credit impact on BUDPL, either due to their
nature or the way in which they are being managed by the entity.
Company Profile
Incorporated in 1996, BUDPL is a subsidiary company of BPPL. The
company is engaged in the business of construction, development,
sale, management and operation of townships, plotted development,
housing projects, commercial premises and other related
activities.
Bakeri Group was set up in 1959 and has developed more than 25
million sf of plotted development and 17 million sf of constructed
properties in Ahmedabad.
BALPRADA HOTELS: ICRA Withdraws D Rating on INR91cr Term Loan
-------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Balprada Hotels and Hospitality Services Private Limited at the
request of the company and based on the No Objection
Certificate/Closure Certificate received from the 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- 91.00 [ICRA]D ISSUER NOT
Fund Based- COOPERATING; Withdrawn
Term Loan
Short-term: 6.00 [ICRA]D; ISSUER NOT
Non-fund Based COOPERATING; Withdrawn
Balprada Hotels and Hospitality Private Limited (BHHS) is a
subsidiary of BHHS Limited. The company has developed a 185 room
4-star hotel at Golf Course Road in Gurgaon at a cost of INR178
crores. The hotel has been funded by debt of INR100 crore and
promoters' contribution of INR78 crores. The hotel project (to be
operated under the DoubleTree by Hilton brand) started commercial
operations in March 2012.
CAPACITE ENGINEERING: Ind-Ra Cuts Long Term Issuer Rating to BB-
----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has downgraded Capacite
Engineering Private Limited's (CEPL) Long-Term Issuer Rating to
'IND BB-' from 'IND BB+' and has simultaneously placed it on Rating
Watch with Negative Implications. The Outlook was Stable.
The instrument-wise rating actions are:
-- INR67.5 mil. Fund-based cash credit facilities Long-term
rating downgraded and placed on Rating Watch with Negative
Implications; short-term rating placed on Rating Watch with
Negative Implications with IND BB-/ Rating Watch with
Negative Implications /IND A4+/ Rating Watch with Negative
Implications; and
-- INR70.0 mil. Non-fund-based facilities placed on Rating Watch
with Negative Implications with IND A4+/Rating Watch with
Negative Implications.
The Rating Watch with Negative Implications reflects uncertainties
regarding CEPL's group company Capacite Infraprojects Limited's
(CIL; 'IND BB+'/Rating Watch with Negative Implications) inability
to tie up additional working capital limits, continued blockage of
CIL's working capital and a delay in recovery of pending
receivables, resulting in a further stretch in its working capital;
and the consequent any negative impact on CEPL's working capital.
CIL accounts for 96% of CEPL's order book.
The downgrade reflects a change in Ind-Ra's rating approach for
CEPL to standalone from the previous bottom-up approach, where the
ratings were notched up due to its moderate operational and
strategic linkages with CIL.
ANALYTICAL APPROACH
The change in the approach follows the downgrade on CIL, which
resulted in the weakening of linkages, in accordance with Ind-Ra's
Parent-Subsidiary Linkage Criteria.
Key Rating Drivers
The ratings reflect the weakening of CIL's ability to support CEPL
due to the former's stretched liquidity position. The latter
continues to have operational and strategic linkages with CIL,
since one of CIL's directors is on the board of CEPL, and the two
companies have a common treasury. Furthermore, CEPL undertakes all
activities related to mechanical, electrical and plumbing works for
most of CIL's projects, when these activities are under the
latter's scope of work, thereby indicating CEPL's operational
importance to CIL. CIL's restrained financial flexibility due to
its inability to tie up enhanced working capital limits
commensurate to the run rate of project execution, and thus,
hinders its ability to extend timely support to CEPL, if required.
The ratings remain constrained by CEPL's continued small scale of
operations as indicated by revenue of INR293 million in FY22 (FY21:
INR214 million, FY20: INR345 million). While the execution picked
up pace (up 37.3% yoy in FY22), it fell short of the run rate the
company had achieved in FY20. CEPL's operations were impacted by
the second wave of COVID-19 infections in 1QFY22. The company was
able to scale up its operations only from 3QFY22. In 1HFY23, CEPL
achieved revenue of INR206 million.
The ratings also factor in the company's modest credit metrics due
to modest margins (FY22: 12.4%, FY21: 13%) and high net debt levels
(INR126 million, INR109 million). The net leverage (net
debt/EBITDA) improved to 3.46x in FY22 (FY21: 3.92x) and the
interest coverage (EBITDA/interest expense) to 2.13x (1.50x) owing
to an increase in the absolute EBITDA to INR36 million (INR28
million). The interest coverage improved to 2.3x in 1HFY23.
The ratings also reflect the high order book concentration, since
around 96% of the total orders are from CIL. Any delay in the
construction of these projects by CIL would result in delayed
revenue booking for the company.
Liquidity Indicator – Poor: CEPL's average maximum utilization of
the fund-based limits over the seven months ended January 2023 was
97.04% and that of the non-fund-based limits over the six months
ended December 2022 was 86%, assuming utilization of letter of
credit limits for October 2022 to be same as September 2022
utilization levels due to non-availability of data. The working
capital cycle improved to negative 80 days in FY22 (FY21: 28 days)
mainly due to increase in mobilization advances to INR77.6 million
(INR37.3 million; incremental mainly from City and Industrial
Development Corporation of Maharashtra project) and increase in
creditors to INR163.6 million (INR86.3million). However, the agency
expects the working capital cycle to be impacted due to CIL's
stretched liquidity profile.
CEPL has scheduled debt repayments of INR5.4 million each in FY23
and FY24 with regards to certain construction equipment that has
been leased by CEPL to CIL. The repayment obligations are being
funded through monthly lease rentals of INR0.54 million that CEPL
is receiving from CIL in lieu of this.
However, the ratings are supported CEPL's adequate order book. At
end-September 2022, the company had an order book of INR5.5 billion
(18.7x of FY22 revenue), comprising four projects.
Rating Sensitivities
The Rating Watch with Negative Implications indicates that the
ratings may be either downgraded or affirmed upon:
- an improvement in CIL's financial flexibility through tying-up
of additional working capital limits and an improvement in the
working capital cycle, or
- deterioration in CEPL's credit profile or a further elongation
of the working capital cycle, resulting in continued stretched
liquidity.
Company Profile
CEPL, incorporated in 2012, is a turnkey solution provider for
mechanical, electrical and plumbing, interiors and finishing works.
The company is also into the erection of structural steel works and
provision of consultancy services to CIL for selective projects.
CARNIVAL SOFT: ICRA Keeps D Debt Rating in Not Cooperating
----------------------------------------------------------
ICRA has retained the Long-Term rating of Carnival Soft Private
Limited in the 'Issuer Not Cooperating' category. The ratings are
denoted as "[ICRA]D; ISSUER NOT COOPERATING".
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term– 200.00 [ICRA]D; ISSUER NOT
COOPERATING;
Fund Based– Rating continues to remain under
Term Loan 'Issuer Not Cooperating'
Category
As part of its process and in accordance with its rating agreement
with Carnival Soft Private Limited, 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 multiple
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.
CSPL is involved in the business of leasing out commercial office
space. The company owns and operates a commercial office space
property, named Carnival Infopark, in Kochi, Kerala. The space is
located on a plot of 6.35 acres and comprises four buildings, with
an aggregate leasable area of 6.28 lakh sq ft.
DAULAT RAM: CARE Withdraws D Rating on Long and Short Term Debts
----------------------------------------------------------------
CARE Ratings Ltd. has reaffirmed and withdrawn the outstanding
ratings of 'CARE D/CARE D assigned to the bank facilities of Daulat
Ram Engineering Services Private Limited (DRESPL) with immediate
effect. The above action has been taken at the request of Daulat
Ram Engineering Services Private Limited and 'No Objection
Certificate' received from the banks that has extended the
facilities rated by CARE Ratings Ltd. The ratings prior to
withdrawal continued to remain constrained on account of delays in
debt servicing.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term/ - Reaffirmed at CARE D/CARE D
Short Term and Withdrawn
Bank Facilities
Long Term - Reaffirmed at CARE D and
Bank Facilities Withdrawn
Analytical approach: Standalone
Key weaknesses
* Delays in debt servicing: The ratings assigned to the bank
facilities of Daulat Ram Engineering Services Private Limited
(DRESPL), prior to withdrawal, were constrained on account of
delays in debt servicing due to liquidity stress. This was due to
considerable time lag in receipt of dues from its customers which
include various divisions of Indian Railways. Documentation
indicating latest status of delays are not available presently.
Raisen, Madhya Pradesh based Daulat Ram Engineering Services Pvt.
Ltd. (DRESPL) was incorporated in 1997 by Mr. Chandra Prakash
Sharma. Initially, the company was engaged in repair,
reconditioning and rehabilitation of dynamic braking resistors for
Indian Railways. Later, DRPL commenced manufacturing of motors,
traction motors and alternators, auxiliary generator, traction
motors, oil cooling blower and many other engineering products
which find its application in railway locomotives. It supplies its
products to various diesel locomotive manufacturing units of Indian
Railways including DMW – Patiala, DLW – Varanasi, ICF –
Chennai and National Railway Equipment Company (NREC) for onward
supply to Indian Railways. DRPL also commenced manufacturing and
installation of escalators at various railway stations as well as
manufacturing of vacuum toilet systems for rail coaches.
DEE VEE: Ind-Ra Keeps BB+ Issuer Rating in Non-Cooperating
----------------------------------------------------------
India Ratings and Research (Ind-Ra) has maintained Dee Vee Projects
Limited in the non-cooperating category. The issuer did not
participate in the rating exercise despite continuous requests and
follow-ups by the agency. Therefore, investors and other users are
advised to take appropriate caution while using these ratings. The
rating will continue to appear as 'IND BB+ (ISSUER NOT
COOPERATING)' on the agency website.
The instrument-wise rating action is:
-- INR266 mil. Term loan due on December 2025 maintained in non-
cooperating category with IND BB+ (ISSUER NOT COOPERATING)
rating.
Note: ISSUER NOT COOPERATING: The ratings were last reviewed on
November 4, 2020. Ind-Ra is unable to provide an update, as the
agency does not have adequate information to review the ratings.
Company Profile
Incorporated in 2012, Dee Vee Projects undertakes construction work
of buildings, roads, and housing projects for state government
agencies in Chhattisgarh, Madhya Pradesh, Odisha, Jharkhand and
Maharashtra.
FLAMINGO PHARMACEUTICALS: Ind-Ra Moves BB+ Rating to NonCooperating
-------------------------------------------------------------------
India Ratings and Research (Ind-Ra) has migrated Flamingo
Pharmaceuticals Limited's Long-Term Issuer Rating to the
non-cooperating category. The issuer did not participate in the
rating exercise despite continuous requests and follow-ups by the
agency. Therefore, investors and other users are advised to take
appropriate caution while using these ratings. The rating will now
appear as 'IND BB+ (ISSUER NOT COOPERATING)' on the agency's
website.
The instrument-wise rating actions are:
-- INR540 mil. Fund-based working capital limits migrated to non-
cooperating category with IND BB+ (ISSUER NOT COOPERATING)/
IND A4+ (ISSUER NOT COOPERATING) rating;
-- INR3 mil. Term loan issued on FY22 migrated to non-cooperating
category with IND BB+ (ISSUER NOT COOPERATING) rating; and
-- INR110 mil. Non-fund-based working capital limits migrated to
non-cooperating category with IND A4+ (ISSUER NOT
COOPERATING) rating.
Note: ISSUER NOT COOPERATING: The ratings were last reviewed on
January 21, 2022. Ind-Ra is unable to provide an update, as the
agency does not have adequate information to review the ratings.
Company Profile
Flamingo Pharmaceuticals is a formulation company specializing in
the development and manufacture of solid oral formulations. It was
founded in 1985, FPL has four plants across Maharashtra. The
company, which specializes in development and manufacturing of
solid oral formulations, exports its product to over 50 countries.
FUTURE RETAIL: RP Files Complaint vs. Directors for Loss
--------------------------------------------------------
Livemint.com reports that Future Retail Ltd, which is facing
insolvency proceedings, on March 10 said that its Resolution
Professional has filed an application before the National Company
Law Tribunal (NCLT) against the former and present directors of the
company for causing a loss of INR14,809.44 crore to creditors.
Livemint.com relates that the Resolution Professional (RP), in the
application filed before the Mumbai bench of the NCLT, has sought
direction from the tribunal against the present and erstwhile
directors of FRL to contribute the amount to the company, said
Future Retail Ltd (FRL) in a regulatory filing.
"As on the date of filing of the said application, basis the
limited information available, the RP has quantified the potential
loss that has been caused to the creditors of FRL to be
INR14,809.44 crore, and has sought a direction against the
respondents to the said application to contribute such amount to
FRL," the company said as quoted by PTI.
It said that RP has filed an application before the NCLT Mumbai
against directors/erstwhile directors of the company under the
Insolvency & Bankruptcy Code 2016, Livemint.com relays.
Future Retail was dragged into insolvency proceedings by its lender
Bank of India after it defaulted on loans. The Mumbai bench of the
National Company Law Tribunal on July 2022 directed to initiate
insolvency against FRL.
In January, the company's promoter Kishore Biyani stepped down from
the suspended board of FRL and resigned as Chairman and director of
the company, Livemint.com recalls. Last August, stock market
regulator Sebi ordered a forensic audit of the accounts of FRL for
the financial years 2019-20, 2020-21 and 2021-22.
Livemint.com relates that the regulator has also asked for an audit
of FRL's Related Party Transactions (RPT) with three other Future
group firms -- Future Enterprises Ltd, Future Consumer Ltd and
Future Supply Chain Solutions Ltd.
RPT refers to a deal or arrangement made between two parties
related to each other by having a pre-existing business relation or
common interest, PTI reported.
However, lenders had rejected a INR24,713-crore takeover of the 19
Future group companies, including FRL, by Reliance amid a legal
challenge by Amazon.
A total of 13 companies -- including Reliance Retail, Adani Group's
JV April Moon Retail and 11 other firms -- have made it to the
final list of prospective bidders for acquiring FRL, Livemint.com
says.
However, last month FRL informed that the last date for submission
of bids (resolution plans) for the company was February 20, 2023,
and it still has not received any offer, Livemint.com notes.
About Future Group
Future Group operates multi-branded retail outlets. The company's
retail chains include department stores, outlet stores, sportswear,
home improvement and consumer durables, supermarket, and
convenience stores as well as food parks.
As reported in the Troubled Company Reporter-Asia Pacific in late
July 2022, an Indian court agreed to send Future Retail Ltd. into
bankruptcy, allowing the creditors to find a new owner for the
beleaguered retailer. According to Bloomberg News, the National
Company Law Tribunal on July 20 gave its verdict on a petition by
Bank of India to start the bankruptcy-resolution process for the
cash-strapped retailer. It dismissed allegations from the local
unit of Amazon.com Inc. that Future Retail's lenders were colluding
with its founders to push the firm into insolvency. The court also
appointed an administrator to take over the management at Future
Retail.
HIGH GROUND: Ind-Ra Cuts Long Term Issuer Rating to 'D'
-------------------------------------------------------
India Ratings and Research (Ind-Ra) has downgraded High Ground
Enterprise Limited's (HGEL) Long-Term Issuer rating to 'IND D
(ISSUER NOT COOPERATING)' from 'IND C (ISSUER NOT COOPERATING)'.
The issuer did not participate in the rating exercise despite
continuous requests and follow-ups by the agency. The rating is
based on the best available information. Therefore, investors and
other users are advised to take appropriate caution while using the
rating.
The instrument-wise rating actions are:
-- 202.5 mil. Fund-based limits (Long term) downgraded with
IND D (ISSUER NOT COOPERATING) rating;
-- 5 mil. Non-fund-based limits (Short term) downgraded with
IND D (ISSUER NOT COOPERATING) rating; and
-- 37.5 mil. Term loan (Long term) downgraded with IND D (ISSUER
NOT COOPERATING) rating.
Note: ISSUER NOT COOPERATING: Issuer did not cooperate; based on
the best-available information
Key Rating Drivers
The downgrade reflects the Insolvency and Bankruptcy Board of
India's announcement regarding the initiation of the insolvency
resolution against HGEL following the company defaulting on its
repayments. Ind-Ra has not been able to ascertain the reason for
the delay in debt servicing, as the issuer has been
non-cooperative.
Company Profile
HGEL provides engineering, procurement, construction and
management, and media and allied services. The Mumbai-headquartered
company has branches in Delhi NCR and London.
INFRASTRUCTURE FINANCE: CARE Reaffirms D Rating on LT Loan
----------------------------------------------------------
CARE Ratings has reaffirmed ratings on certain bank facilities of
Srei Infrastructure Finance Limited (SIFL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank
Facilities 10,772.71 CARE D Reaffirmed
Short Term Bank
Facilities 345.00 CARE D Reaffirmed
Long Term
Infrastructure
Bond 20.22 CARE D Reaffirmed
Non-Convertible
Debenture issue
(Series II, IV, V) 95.90 CARE D Reaffirmed
Unsecured
Subordinated
Tier II NCDs
(Series IV-VI) 594.51 CARE D Reaffirmed
Rationale and key rating drivers
The ratings assigned to the bank facilities/instruments of SIFL
continue to remain constrained by the continuing delays in debt
servicing by the company. The Board of SIFL and its subsidiary
company Srei Equipment Finance Limited (SEFL) was superseded by the
Reserve Bank of India (RBI) on October 4, 2021 and it is presently
being managed by the Administrator appointed by the RBI. Also, SEFL
and SIFL are under Corporate Insolvency Resolution
Process (CIRP) vide Hon'ble National Company Law Tribunal (NCLT)
order dated October 8, 2021 in which National Asset Reconstruction
Company Limited (NARCL) has emerged as the successful bidder. The
resolution plan submitted by NARCL has been approved by the
Committee of Creditors by majority voting for consolidated
resolution of SIFL and SEFL as the successful resolution plan. The
Administrator of SIFL and SEFL has filed an application for
submission of the approved resolution plan with the Adjudicating
authority i.e. Hon'ble NCLT, Kolkata on February 18, 2023.
The ratings take note of the significant consolidated losses
incurred by the company in FY22 (refers to the period April 1 to
March 31) and 9MFY23 and erosion of net worth.
Rating sensitivities: Factors likely to lead to rating actions
Positive factors
* Successful restructuring of debt and sustained improvement in
liquidity leading to timely debt servicing.
* Improvement in asset quality and profitability.
* Capital Adequacy Ratio (CAR) remaining above regulatory
requirement on sustained basis.
Negative factors: Not Applicable
Analytical approach: Consolidated
Key weaknesses
* Delays in servicing of debt obligations: SIFL and SEFL are under
CIRP and have not been servicing debt. SIFL had given effect to the
slump exchange for the transfer of its Lending Business, Interest
Earning Business & Lease Business including external borrowings
thereon, to its wholly owned subsidiary SEFL in its accounts for
the quarter ended December 31, 2019 with appointed date of October
1, 2019. Though SIFL has transferred the rated debt to SEFL in the
financial statements, CARE continued to rate the debts under SIFL
due to the uncertainty involved with the slump exchange in view of
consent from all the lenders not being obtained.
SEFL had approached Hon'ble NCLT, Kolkata with two Schemes of
Arrangement which proposed for restructuring of its debt and
also obtain formal consent from required majority of lenders for
the slump exchange transaction of assets/liabilities from SIFL.
Both the schemes of arrangement were rejected by majority of the
lenders and status quo on the transfer is being maintained
under CIRP.
* Significant losses reported in FY22 and 9MFY23: SIFL reported net
loss of INR2,545 crore in FY22 and INR11,017 crore in 9MFY23. The
consolidated losses increased in 9MFY22 on account of exceptional
expense of INR10,088.15 crore relating to provisions created on
exposures which were subject to transaction audit. The net worth
continues to remain negative.
Liquidity: Poor
There are on-going delays/default on the borrowings and both SEFL
and SIFL are under CIRP.
SIFL, a three-decade old Kolkata-based NBFC, was engaged in leasing
and hire-purchase/hypothecation financing of heavy construction
equipment and financing of infrastructure related projects.
Pursuant to forming a 50:50 joint venture (JV) with BNP Paribas
Lease Group (BPLG), SIFL divested a major part of its equipment
financing and leasing business to SEFL. Post divestment, SIFL was
engaged in project financing and infrastructure project advisory.
In June 2016, SIFL acquired the 50% stake of BPLG in SEFL,
resulting in SEFL becoming a 100% subsidiary of SIFL and BPLG
acquiring 5% stake of SIFL against its shareholding in SEFL. The
Lending Business, Interest Earning Business & Lease Business of
SIFL was transferred to SEFL w.e.f October 1, 2019 pursuant to the
slump exchange.
JALNA SIDDHIVINAYAK: Ind-Ra Keeps D Rating in NonCooperating
------------------------------------------------------------
India Ratings and Research (Ind-Ra) has maintained Jalna
Siddhivinayak Alloys Private Limited's Long-Term Issuer Rating of
'IND D (ISSUER NOT COOPERATING)' in the non-cooperating category
and has simultaneously withdrawn it.
The instrument-wise rating actions are:
-- INR595 mil. Fund-based working capital limits (Long-term/
Short-term) maintained in non-cooperating category and
withdrawn; and
-- INR60 mil. Non-fund-based working capital limits (Short-term)
maintained in non-cooperating category and withdrawn;
*Maintained at 'IND D (ISSUER NOT COOPERATING)' before being
withdrawn
Key Rating Drivers
The ratings have been maintained in the non-cooperating category
before being withdrawn because the issuer did not participate in
the rating exercise, despite repeated requests by the agency, and
has not provided information about interim, sanctioned bank
facilities and utilization, business plan, and projections for next
three years, information on corporate governance, and management
certificate.
Ind-Ra is no longer required to maintain the ratings, as the agency
has received a no-objection certificate from the lenders. This is
consistent with Ind-Ra's Policy on Withdrawal of Ratings. Ind-Ra
will no longer provide analytical and rating coverage for the
company.
JMD LIMITED: ICRA Withdraws D Rating on INR55.39cr Term Loan
------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
JMD Limited at the request of the company and based on the No
Objection Certificate/Closure Certificate received from the 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- 55.39 [ICRA]D ISSUER NOT
Fund Based- COOPERATING; Withdrawn
Term Loan
Long Term- 2.00 [ICRA]D ISSUER NOT
Fund Based- COOPERATING; Withdrawn
Cash Credit
Short-term: 9.61 [ICRA]D; ISSUER NOT
Non-fund Based COOPERATING; Withdrawn
JMD Limited (JMD) is a public limited company engaged in commercial
and residential real estate development in Delhi, Gurgaon, Noida,
Verna and Ludhiana. JMD was promoted in 1989 by Mr. Sunil Bedi. Its
business focuses on residential and commercial developments. JMD's
first project was JMD Regent Square, MG Road Gurgaon which was
completed in 2001. As on date, the company has completed a total of
11 projects, aggregating to more than 1.7 million square feet of
sold/leased area. The Group has also completed its first hotel
project, DoubleTree by Hilton, in Gurgaon (Haryana) in FY2012.
MAHASEMAM TRUST: Ind-Ra Affirms & Withdraws BB+ Bank Loan Rating
----------------------------------------------------------------
India Ratings and Research (Ind-Ra) has affirmed Mahasemam Trust's
(MT) bank loans' rating at 'IND BB+' and has simultaneously
withdrawn it. The Outlook was Stable.
The detailed rating action is:
-- The 'IND BB+' rating on the INR949.39 mil. Bank loans affirmed
and withdrawn.
Ind-Ra is no longer required to maintain the ratings as the agency
has received a no-objection certificate from the rated facilities'
lenders. This is consistent with Ind-Ra's Policy on Withdrawal of
Ratings. The agency will no longer provide ratings or analytical
coverage for MT.
Key Rating Drivers
Modest Standalone Profile: MT's assets under management (AUM)
increased to INR1,955 million at end-December 2022 (FYE22: INR1,765
million; FYE21: INR1,172 million). In terms of geography, its
operations continued to be concentrated within 10 districts of
Tamil Nadu. MT mainly disburses loans for a tenure of 13-18 months
compared to registered non-banking financial company-microfinance
institutions (NBFCs-MFIs), which mainly lend loans for 18-24
months. At end-December 2022, with a net worth of INR476 million,
MT's capital to risk weighted assets ratio was 24.34% (FY22: 24.5%,
FY21: 32.18%). Its debt/equity increased to 4.5x at end-December
2022 (FY22: 4x; FY21: 3.2x).
Being an unregulated non-profit entity, MT has substantial
limitations in terms of equity raise. As it is a trust, compliance
with Reserve Bank of India's norms continue to be voluntary, even
post the implementation of harmonization guidelines, wherein only
section 8 registered not-for-profit organizations with AUM above
INR1,000 million need to apply for an NBFC-MFI license.
Limited Access to Credit Bureaus: MT operates on a trust model, and
therefore, cannot enlist its borrowers to credit bureaus, which
heightens the risk of the borrowing profile. MT has stated to
Ind-Ra that it has not been able to tap credit bureaus as an NBFC
could, and this has been impacting its business prospects and
leading to difficulties in conducting business. While MT has a
vintage of more than two decades and has not witnessed major issues
in terms of borrower defaults even during demonetization and
through COVID-19, Ind-Ra believes the trust's inability to access
credit bureaus (for submission of borrower data) could still lead
to uncertainties related to customers overleveraging themselves.
Stable Asset Quality: At end-December 2022, MT's gross
non-performing assets (portfolio at risk 90+days past due) remained
stable at 0.02% (FY22: 0.04%, FYE21:0.28%), similar to that of its
peers with a comparable portfolio size in the microfinance segment.
Ind-Ra believes MT is better equipped to control its portfolio
quality due to its smaller portfolio and smaller area of
operations compared to larger NBFC-MFIs.
High Vintage Microfinance Experience: MT has over 20 years of
experience in the microfinance space. It has seen multiple cycles
and has a well-seasoned portfolio. The management has a
considerable experience of more than two decades in the business
and has a strong understanding of the local market and customer
segments in Tamil Nadu, which helps in controlling delinquencies
despite being concentrated in a single state.
Liquidity Indicator - Adequate: At end-December 2022, MT had
unencumbered cash and liquid investments of INR523.9 million,
equivalent to about 26.2% of its loan assets. It has outflows in
terms of debt servicing (principal and interest) of around INR245.2
million for January-March 2023 As per MT's December 2022
asset-liability management statement, the trust has a surplus in
all the up-to-one-year buckets. The trust maintains liquid
investments of INR100 million-200 million, covering three months of
repayments at any point of time. MT also had thrift deposits
amounting to INR395 million at end-December 2022 (March 2022:
INR406 million), which are only repaid when the members leave the
group. Hence, the deposit maturity would be co-terminus with the
loan tenor.
Improving Outlook on MFIs: Ind-Ra revised its outlook on the
microfinance sector to improving for FY24 from neutral while
maintaining the rating outlook at Stable. The agency has maintained
that the new regulations are positive for the sector and provide
all microfinance practitioners with the ability to price in risks
while providing a level playing field for NBFC-MFIs in terms of
applicable regulations. However, the agency also expects the impact
of elections in key states in FY24 on the sector to be a key
monitorable. Also, there is increasing exposure per borrower in an
inflationary environment with a possibly non-commensurate increase
in income levels and this aspect would also be a key monitorable.
Company Profile
MT is a Madurai, Tamil Nadu-based trust engaged in microfinance
activities. The trust provides personal unsecured loans to its
members across Tamil Nadu.
The trust's loan portfolio consists of women self-help group (SHG)
loans. SHGs operate on the joint-liability group model with the
joint guarantee signed by the groups. The trust also provides
maternity, education, marriage and sanitation loans to aid and
cover the entire life cycle of SHG members.
MAYUR LEATHER: CARE Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Mayur
Leather Products Ltd (MLPL) continues to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 0.66 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term/ 8.00 CARE D/CARE D; ISSUER NOT
Short Term COOPERATING; Rating continues
Bank Facilities to remain under ISSUER NOT
COOPERATING category
Short Term Bank 1.05 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 December 6,
2021, had reaffirmed the ratings of MLPL under the 'issuer
non-cooperating' category as MLPL had failed to provide information
for monitoring of the ratings. MLPL continues to be non-cooperative
despite repeated requests for submission of information through
e-mails dated February 22, 2023, February 23, 2023, February 24,
2023, February 25, 2023 and phone calls.
In line with the extent SEBI guidelines, CARE Ratings Ltd. has
reviewed the ratings 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).
Analytical approach: Standalone
Detailed description of the key rating drivers
At the time of last rating on December 6, 2021, the following were
the rating weakness.
Key Rating Weakness
* Irregularity in debt servicing: It has registered continuous net
loss as well as cash loss which led to deterioration of liquidity
position. Further, there were delays in debt servicing.
Jaipur (Rajasthan) based MLPL was formed in 1987 by Mr. Rajender
Singh Poddar. The company is engaged in manufacturing and export of
leather shoe and shoe uppers. The company has its manufacturing
facility located at Jaipur and exports its products to Europe,
Middle East and Canada.
MEDEOR HOSPITAL: CARE Reaffirms D Rating on INR451.04cr LT Loan
---------------------------------------------------------------
CARE Ratings has reaffirmed ratings on certain bank facilities of
Medeor Hospital Limited (MHL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long-term
bank facilities 451.04 CARE D Reaffirmed
Short-term
bank facilities 58.00 CARE D Reaffirmed
Rationale and key rating drivers
The rating assigned to the bank facilities of MHL continues to
factor in ongoing delays in debt servicing by the company.
Improvement in the financial profile of MHL with regularization of
payments on sustained basis would remain a key rating monitorable
going forward.
Key rating drivers
Rating sensitivities: Factors likely to lead to rating actions
Positive factors
* Improvement in operational performance on sustained basis
Negative factors: Factors that could lead to negative rating
action/downgrade: Not Applicable
Analytical approach: Standalone
Key weaknesses
* Delay in servicing of debt obligations: As per the discussion
with the banker, there are on-going delays in repayment of debt
obligation mainly on account of its poor liquidity, reduced scale
of operations. Promoters have been infusing funds to meet the debt
obligations. COVID–19 has impacted the revenues and profitability
of Medeor Hospital during the last two financial years impacting
significantly the hospital business revenues, profitability and
cash flows.
Liquidity: Poor
Liquidity is poor with ongoing delays in the debt servicing of bank
facilities. The company had free cash and bank balance of INR1.46
as on March 31, 2022. The Current ratio remained below unity as on
March 31, 2022 on account of high working capital level utilization
as on March 31, 2022. The working capital limits has remained fully
utilized as per banker interaction.
Medeor Hospital Limited was incorporated in 2004 and in 2016 the
same was acquired by VPS Health care group of Dubai, an integrated
healthcare service provider with 24 operational hospitals, over 125
health centres, 10,000 employees, and medical support services
spread across the Middle East, Europe, and India. Medeor Hospitals
is a chain of multi-specialty hospitals strategically located in
Delhi NCR at Qutab, Dwarka, and Manesar (Gurugram) with a combined
capacity of 808 beds.
MEMBRANE FILTERS: CARE Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Membrane
Filters (India) Private Limited (MFPL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 19.79 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
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated January 13,
2022, placed the rating(s) of MFPL under the 'issuer
non-cooperating' category as MFPL 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. MFPL
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated November 29, 2022, December 9, 2022, December
19, 2022 and February 28, 2023.
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).
Outlook: Not Applicable
The ratings assigned to the bank facilities of MFIPL have been
revised on account of delays in debt servicing recognized from
publicly available information i.e., FY20 audit report available
from ROC Filings.
MFIPL promoted by Mr. Subhash Devi, started commercial production
in 2003. MFIPL is engaged in the manufacturing of Water Filtration
Systems by employing the Ultra Filtration (UF) Membrane technology
developed by Pune-based Council of Scientific and Industrial
Research, National Chemical Laboratory (CSIR-NCL). This UF membrane
technology was acquired by MFIPL in 2005. The company's majority of
the shareholding, ie, 48.93% is held by a venture capital company,
viz, Innovative Ventures Limited (IVL). The manufacturing facility
of the company is located at Bhor, Maharashtra.
MERCATOR LIMITED: CARE Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Mercator
limited (ML) continues to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 959.53 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 150.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE had, vide its press release dated September 21, 2020, placed
the rating(s) of ML under the 'issuer noncooperating' category as
ML had failed to provide information for monitoring of the rating.
ML continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and email
dated November 13, 2022.
In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Analytical approach: Consolidated
CARE has analysed ML's credit profile considering the consolidated
business profile and financial statements of the company owing to
the strong operating and financial linkages between the parent
(India operations) and subsidiaries (global operations).
Key weaknesses
* Delay in servicing of debt obligation: The ratings consider the
ongoing delays in debt servicing owing to the stretched liquidity
position.
Mercator Limited (ML) along with its subsidiaries is a diversified
group engaged in shipping (dry bulk, wet bulk and dredging), gas,
coal mining and E&P activities. ML commenced business as a shipping
company in 1984 (taken over by present promoters in FY1989) and has
over the years, through its subsidiaries, diversified into various
other sectors like coal mining and logistics, E&P and dredging.
MS ADARSHA: Ind-Ra Assigns BB+ LT Issuer Rating, Outlook Stable
---------------------------------------------------------------
India Ratings and Research (Ind-Ra) has assigned M/s Adarsha
Automotives Pvt Ltd (AAPL) a Long-Term Issuer Rating of 'IND BB+'.
The Outlook is Stable.
The instrument-wise rating actions are:
-- INR1.322 bil. Fund-based working capital limits assigned with
IND BB+/Stable/IND A4+ rating; and
-- INR259.3 mil. Term loan due on FY27 assigned with IND BB+/
Stable rating.
Key Rating Drivers
Liquidity Indicator - Stretched: AAPL's average peak utilization of
its fund-based working capital limits was around 80% over the 12
months ended January 2023. As of February 2023, its total
fund-based sanctioned limit was INR1,322 million. The company had
unencumbered cash and cash equivalents of INR45.06 million at FYE22
(FYE21: INR33.09 million). During FY22, AAPL's net working capital
cycle elongated to 68 days (FY21: 64 days), due to an increase in
the inventory holding period to 61 days (55 days). The cash flow
from operations turned negative to INR98.5 million in FY22 (FY21:
INR160.62 million, FY20: INR148.19 million) on account of increased
working capital requirements during the end of the year. This,
coupled with capex of INR138 million for renovation of existing
outlets, caused the free cash flow to turn negative to INR236
million (INR79 million).
AAPL has scheduled term loan repayments of around INR57 million and
INR76 million in FY23 and FY24, respectively, which are likely to
be serviced through internal accruals, available cash and
equivalents, and unutilized working capital limits. According to
management, the company's promoters have historically supported
AAPL in case of a liquidity shortfall, and will continue to do so.
AAPL's total debt stood at INR1,154 million at FYE22, consisting of
a term debt of INR224 million and the remaining majorly being in
the form of inventory funding facility.
The ratings are also constrained by customer and geographical
concentration risks. AAPL is an exclusive dealer of Maruti Suzuki
India Limited's (MSIL) Arena, and hence, its performance is
directly linked to MSIL's performance. Although the sales of spares
provide some diversification, the scale is low and also depends on
the sale of vehicles. Furthermore, the company's operations are
concentrated entirely in Telangana and some districts of Andhra
Pradesh, making it vulnerable to any unfavorable changes in demand
within the state.
The ratings also reflect the cyclical nature of the auto industry
and its susceptibility to macro-economic factors. Furthermore, the
dealership business is highly competitive.
The ratings factor in AAPL's medium scale of operations as
indicated by revenue of INR5,767 million in FY22 (FY21: INR4,736
million). The growth in revenue was owing to robust sales of MSIL
Arena, and increased sales of spare parts and accessories (FY22:
INR853 million, FY21: INR464 million). The company booked revenue
of INR3,509 million in 1HFY23. Ind-Ra expects the revenue to grow
15%-20% yoy in FY23, led by increased sales volumes in 2HFY23,
driven by festive demand, and also increased revenue from the sale
of spare parts and services. AAPL opened two new showrooms in
Telangana during FY23, which is likely to support the scaling up of
the company's operations over the medium term.
The ratings also consider the presence of a cross-default guarantee
between AAPL and Adarsha Autoworld Private Limited (AAWPL : 'IND
B+'/Stable). Both companies have common promoters. AAPL has
guaranteed INR80 million (less than 10% of its total debt) of
AAWPL's debt. Any cash flow support extended to AAWPL or any
liquidity shortfall in AAWPL, leading to an event of default in
AAPL will be a key monitorable.
The ratings also factor in AAPL's modest EBITDA margins with a
return on capital employed of 12.5% in FY22 (FY21: 12.3%), due to
the dealership nature of business. The absolute EBITDA margins
ranged between 3% and 5% over FY19-FY22 (FY22: 4.17%, FY21: 4.46%,
FY20: 4.39%), primarily on the account of the dealership model and
the revenue being mainly derived from the sale of vehicles, which
yield lower margins than services and sale of spare parts. Ind-Ra
expects the EBITDA margins to remain stable over the medium term.
The ratings reflect the company's modest credit metrics. The net
leverage (net debt/total EBITDA (including other income)) increased
to 5.09x in FY22 (FY21: 4.31x), due to an increase in the debt to
INR1,154 million (INR859 million), partially offset by an increase
in the absolute EBITDA (including other income) to INR226 million
(INR199 million). However, the gross interest coverage (total
EBITDA including other income/gross interest) marginally improved
to 1.98x in FY22 (FY21: 1.67x). The agency expects the credit
metrics to remain moderate over the near term owing to modest
EBITDA generation and high debt levels, resulting from the high
utilization of working capital limits for carrying the inventory of
original equipment manufacturers.
However, the ratings are supported by the company's experienced
promoter group. AAPL is a part of the Adarsha group, headed by B.
Satyanarayana Goud and family. B. Satyanarayana Goud, which has
more than two decades of experience in dealership operations. The
family has been in the automobile dealership business for more than
three decades. The group is associated with MSIL, TVS Motors
Limited, and Mahindra & Mahindra Limited's ('IND AAA'/Stable/'IND
A1+') tractor division through its various other entities. Ind-Ra
believes the group's and promoter's experience in dealership
operations will help AAPL expand its operations in a sustainable
manner.
Rating Sensitivities
Positive: Maintaining the scale of operations, the interest
coverage increasing above 2.5x, adequate liquidity position, as
along with an improvement in AAWPL's liquidity profile, could lead
to a positive rating action.
Negative: Decline in the scale of operations or any stress in the
liquidity position or the interest coverage reducing below 1.5x or
any stress in AAWPL's liquidity position, could lead to a negative
rating action.
Company Profile
Incorporated in 2006, AAPL is an authorized dealer of MSIL's Arena
passenger cars and provides spares and services. The company has 34
showrooms and 18 workshops in Telangana and Andhra Pradesh. B.
Satyanarayana Goud and Sujatha are the promoter directors.
NANDI GRAIN: CARE Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Nandi Grain
Derivatives Private Limited (NGDPL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 69.30 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term Bank 0.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated December 17,
2021, placed the rating(s) of NGDPL under the 'issuer
non-cooperating' category as NGDPL 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. NGDPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated November 2, 2022, November 12,
2022, November 22, 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 June 2010, Nandi Grain Derivatives Private Limited
(NGDPL) is part of Nandi Group of Industries based out of Nandyal
in Andhra Pradesh. The group since 1978 has built a diversified
presence of businesses such as cement, dairy, PVC pipes,
construction, TMT bars etc. NGDPL is engaged in manufacturing of
liquid starch using maize (wet milling process) as raw material
with an installed milling capacity of 400 tons per day. Gluten,
germs, corn steep soluble and fiber are the other by products
produced in the wet milling process which constitutes about 35% of
the throughput.
NEW JAI: CARE Keeps D Debt Rating in Not Cooperating Category
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of New Jai
Bharat Educational Trust (NJBET) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 11.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated January 6,
2022, placed the rating(s) of NJBET under the 'issuer
non-cooperating' category as NJBET 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. NJBET continues to be noncooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated November 22, 2022, December 2,
2022, December 12, 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).
M/s New Jai Bharath Educational Trust (NJBET) is a non-minority,
charitable trust registered under Section 12A of the Income Tax
Act. The main objective of the trust is to provide education
services and engage in social welfare activities to the rural
population. Presently, the trust runs engineering college offering
five undergraduate engineering courses which are approved by the
All India Council for Technical Education (AICTE) and is affiliated
to Anna University, Chennai. The campus is spread over 20 acres of
land located at Trichy district, Tamil Nadu and build up area of
95000 sq. ft.
PEC LIMITED: Ind-Ra Keeps D LT Issuer Rating in Non-Cooperating
---------------------------------------------------------------
India Ratings and Research (Ind-Ra) has maintained PEC Limited's
Long-Term Issuer Rating in the non-cooperating category. The issuer
did not participate in the rating exercise despite continuous
requests and follow-ups by the agency. Therefore, investors and
other users are advised to take appropriate caution while suing the
rating. The rating will continue to appear as 'IND D (ISSUER NOT
COOPERATING)' on the agency website.
The instrument-wise rating actions are:
-- INR29.750 bil. Fund-based working capital limits (Long-term/
Short-term) maintained in non-cooperating category with IND D
(ISSUER NOT COOPERATING) rating; and
-- INR4.570 bil. Non-fund-based working capital facilities
(Short-term) maintained in non-cooperating category with IND
D (ISSUER NOT COOPERATING) rating.
Note: ISSUER NOT COOPERATING: The ratings were last reviewed on
August 23, 2019. Ind-Ra is unable to provide an update, as the
agency does not have adequate information to review the ratings.
Company Profile
Incorporated in 1971, PEC is a public sector undertaking under the
Ministry of Commerce and Industry, Department of Commerce, the
government of India. The company's primary business interests are
exports, imports, deemed exports, third-country trading of
agro-commodities, industrial raw materials, and bullion, and
arranging financing, logistics, project exports and management.
PRITHVI RESIDENCY: NCLT Allows Piramal Cap's Insolvency Plea
------------------------------------------------------------
The Economic Times reports that a bankruptcy court has admitted
Piramal Capital and Housing Finance's plea for starting insolvency
proceedings against Mumbai realtor Prithvi Residency for the
borrower's failure to pay more than INR850 crore in dues. The loan
was sanctioned by mortgage lender DHFL, acquired by Piramal in an
insolvency.
Jayesh Natvarlal Sanghrajka will be the administrator after the
National Company Law Tribunal's (NCLT) Mumbai bench acted on
Piramal's request, ET discloses. Total dues of INR877 crore include
both the principal and interest accrued but unpaid.
According to ET, Piramal had filed its application in January 2022,
while the developer had defaulted on its dues in March 2019. The
company originally owed the funds to Dewan Housing Finance (DHFL),
which has been acquired by Piramal in a bankruptcy auction.
DHFL had sanctioned a loan of INR485 crore to Prithvi Residency in
2017.
Between November 2016 and June 2017, the financial creditor
disbursed a total sum of INR484.95 crore to the developer, ET
relates. Under the revised sanction letter in March 2017, an
interest moratorium of 15 months with effect from January 2017 was
provided to the company with annual servicing of interest. The
first such annual interest servicing was due on March 31, 2018.
ET says the developer committed various defaults under the loan
agreement and first such default occurred in March 2019.
DHFL had written to the developer in December 2019 and January 2020
asking the developer to pay, but the realtor didn't, ET relates.
Finally, the lender issued a notice in April 2020 informing the
developer that it had failed to pay two instalments aggregating to
over INR113.2 crore and recalled the entire loan amount of
INR615.12 crore, ET discloses. It had asked the company to pay this
amount within 7 days from the date of notice. However, the
developer defaulted.
RAIGANJ-DALKHOLA: CARE Reaffirms D Rating on INR92.35cr LT Loan
---------------------------------------------------------------
CARE Ratings has reaffirmed ratings on certain bank facilities of
RaiganJ-Dalkhola Highways Limited (RDHL), as:
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank
Facilities 92.35 CARE D Reaffirmed
Rationale and key rating drivers
The rating assigned to the bank facilities of RDHL is constrained
by the stretched liquidity position with delays in debt servicing.
The project undertaken by the company has not been completed due to
delay in acquisition of land by National Highways Authority of
India (NHAI) and the ensuing cost overrun. As the cost overrun
could not be funded, the Concession Agreement has been terminated
by NHAI.
Rating sensitivities: Factors likely to lead to rating actions
Positive factors
* Regularization of debt servicing
Analytical approach: Standalone
Outlook: Not Applicable
Key weaknesses
* Stretched liquidity profile: The company had undertaken
development of road on BOT basis with Concession Agreement entered
with NHAI. However, the project could not be completed due to
various reasons including delayed land acquisition. Hence, the
project witnessed significant cost overrun which remained non
funded. Subsequently, NHAI issued termination notice in March 2017.
Hence, the project could not generate cashflows to service the debt
obligation resulting in delays in debt servicing. Although the
company has received favourable arbitral award for receipt of
termination payment from NHAI, the same has been challenged by NHAI
under Section 34.
Key strengths
* Experienced promoters: RDHL is promoted by Hindustan:
Construction Company Limited (HCC) and HCC Concessions Limited, a
step-down subsidiary of HCC. HCC was promoted by the late Mr.
Walchand Hirachand in 1926 and is presently spearheaded by Mr. Ajit
Gulabchand, Chairman and Managing Director. HCC is one of the large
construction companies in India, engaged in construction activities
which include roads, bridges, ports, power stations, water supply
and irrigation projects. The company's construction capabilities
include solutions for construction of projects in various complex
industries including hydel power, water solution systems, nuclear
power and process plants and transportation.
Liquidity: Poor
The liquidity is weak with non-revenue generation, termination of
project and inability of the sponsors to fund the cost
overrun/service debt obligation. The account is classified as NPA
by the lenders.
Incorporated on March 11, 2010, RaiganJ-Dalkhola Highways Limited
(RDHL) is a special purpose vehicle (SPV) promoted by HCC Limited
and HCC Concessions Limited (HCL), a step-down subsidiary of HCC,
to undertake the 4-Laning on Design, Build, Finance, Operate and
Transfer (DBFOT) – Toll basis for the existing stretch from 398
km to 452 km on the Raiganj-Dalkhola section of NH-34 under
National Highway Development program (NHDP) Phase III in the state
of the West Bengal.
RAM CASHEW: CARE Keeps C Debt Rating in Not Cooperating Category
----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Sri Ram
Cashew (SRC) continues to remain in the 'Issuer Not Cooperating'
category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 6.00 CARE C; Stable; ISSUER NOT
Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated January 13,
2022, placed the rating(s) of SRC under the 'issuer
non-cooperating' category as SRC 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. SRC
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated November 29, 2022, December 9, 2022, December
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).
Sri Ram Cashews (SRC) was established in the year 2010 as a
partnership firm by Ms. Divya and other three family members as
partners of the firm. SRC has its registered office located at
Udupi, Karnataka covering an area of 1.50 acres. The firm is
engaged in processing of raw cashew nuts and retailing of the same
in domestic market. The firm markets its products under "Sri Ram
Cashews" brand. The firm procures raw cashew nuts from
international market, from places such as Dubai, Tanzania Ivory
Coast and other African countries. The firm has customer base in
Delhi, Punjab, Maharashtra, Karnataka and Andhra Pradesh.
RAMESHWAR PRASAD: Ind-Ra Affirms BB- Long Term Issuer Rating
------------------------------------------------------------
India Ratings and Research (Ind-Ra) has affirmed Rameshwar Prasad
Sharma Contractor's Long-Term Issuer Rating at 'IND BB-'. The
Outlook is Stable.
The instrument-wise rating actions are:
-- INR75.00 mil. (reduced from INR100.00 mil.) Fund-based working
capital limit affirmed with IND BB-/Stable/IND A4+ rating;
and
-- INR75.00 mil. (reduced from INR100.00 mil.) Non-fund-based
working capital limit affirmed with IND A4+ rating.
Key Rating Drivers
The affirmation reflects RPSC's continued small scale of
operations, as indicated by revenue of INR83.67 million in FY22
(FY21: INR84.56 million). The revenue declined slightly in FY22 due
to a decline in the number of orders executed by the company and
the absence of any new orders. In 10MFY23, RPSC achieved a revenue
of INR63.17 million. The company had an order book of INR1,219.6
million as of January 2023; of this, INR386.83 million would be
executed by end-March 2023, out of which works for INR317.4 million
have been completed. The remaining orders will be executed by
end-September 2023. Ind-Ra expects the revenue to improve on a yoy
basis in FY23, given the order book position and an increase in the
number of orders executed by the company.
The ratings also reflect RPSC's continued modest EBITDA margins.
The margin fell to 14.4% in FY22 (FY21: 31.56%) due to an increase
in the cost of cement, steel and other raw material and repair and
maintenance expenses during the year post covid-19. The ROCE turned
negative in FY22 (FY21: 2.2%). In FY23, Ind-Ra expects the EBITDA
margin to decline further due to the receipt of low-margin orders
and further increase in the cost of raw material.
The ratings further reflect RPSC's continued modest credit metrics.
The gross interest coverage (operating EBITDA/gross interest
expense) deteriorated slightly to 1.85x in FY22 (FY21: 2.0x) due to
a fall in the absolute EBITDA to INR12.05 million (INR26.69
million). The net financial leverage (adjusted net debt/operating
EBITDA) improved to 1.19x in FY22 (FY21: 1.94x) due to a decline in
debt, led by continued repayments of the term loan. Ind-Ra expects
the credit metrics to improve in FY23, led by a likely increase in
the absolute EBITDA, supported by revenue growth.
Liquidity Indicator – Stretched: RPSC's average maximum
utilization of the fund-based limits was 55.6% and that of the
non-fund-based limits was 14.04% during the 12 months ended January
2023. The cash flow from operations remained negative but improved
to INR4.77 million in FY22 (FY21: negative INR55.18 million). The
cash and cash equivalents stood at INR 73.2 million at FYE22
(FYE21: INR70.2 million). The net working capital cycle remain
elongated but improved to 865 days in FY22 (FY21: 983 days) owing
to a decrease in debtor days to 900 days (FY21: 1,025 days). The
company has scheduled debt repayment of INR27.2 million in FY23 and
INR41.4 million in FY24. RPSC does not have any capital market
exposure and relies on banks and financial institutions to meet its
funding requirements.
The ratings, however, continue to be supported by RPSC's partners'
experience of over three decades in the infrastructure and civil
construction industry, which has helped the company establish
strong relationships with customers as well as suppliers.
Rating Sensitivities
Negative: Further deterioration in the scale of operations, due to
a decline in the orderbook, and the overall credit metrics and/or a
stretch in the liquidity position will be negative for the ratings.
Positive: An improvement in the scale of operations, revenue
visibility and an improvement in the credit metrics, with the gross
interest coverage staying above 1.7x, and improved liquidity
position will be positive for the ratings.
Company Profile
RPSC, established in 1997, is AA class road construction contractor
that executes projects for Rajasthan State Road Development and
Construction Corporation Limited (debt rated at 'IND A-'/Stable),
public works department, urban improvement trust and various
development authorities in Rajasthan. It is managed by Rameshwar
Prasad Sharma, Anil Sharma and Geeta Sharma.
RANGOTSAV SAREES: CARE Keeps D Debt Rating in Not Cooperating
-------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Rangotsav
Sarees Private Limited (RSPL) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 23.00 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated December 24,
2021, placed the rating(s) of RSPL under the 'issuer
non-cooperating' category as RSPL 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. RSPL
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated November 9, 2022, February 24, 2023, February
27, 2023.
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).
Rangotsav Sarees Pvt. Ltd. was incorporated by Mr. Narendra Kumar
Agarwal in the year 1999. It started under the name of
'Rangbirangee Sarees Pvt. Ltd.', later on changing it to 'Rangotsav
Sarees Pvt. Ltd'.The company deals in silk fabrics (crepe and
georgette), sarees, fabrics and dress materials. In its initial
years of operations, the company was involved in trading
activities, but it commenced manufacturing activities in the year
2010 by starting its own factory unit at Kolkata. All activities
viz. designing, dyeing, threading and priniting are conducted
in-house completely in the factory, without outsourcing any of the
activities. RSPL also undertakes job work at its factory for other
manufacturers. Trading and manufacturing accord for 70% and 30%
share respectively in the business. The company has one retail
outlet showroom located at Park Street. The company has its website
to facilitate online shopping, ensured by a fully insured delivery
process and hassle-free return and refund policy.
RELIANCE CAPITAL: CARE Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Reliance
Capital Limited (RCL) continues to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term 15,000.00 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term 1,500.00 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Market Linked 500.00 CARE PP-MLD D; ISSUER NOT
Debentures COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale and key rating drivers
CARE Ratings Limited has been seeking information from RCL to
monitor the rating(s) vide e-mail communications/letters dated
February 10, 2023, January 31, 2023 and January 21, 2023 and
numerous phone calls. However, despite repeated requests, the
company has not provided the requisite information for monitoring
the ratings. In line with the extant SEBI guidelines, CARE has
reviewed the rating on the basis of the best available information
which however, in CARE's opinion is not sufficient to arrive at a
fair rating. Further, RCL has not paid the surveillance fees for
the rating exercise as agreed to in its Rating Agreement. The
rating on Reliance Capital Limited's long-term debt programme and
instruments continues to be denoted as CARE D/CARE PP-MLD D; ISSUER
NOT COOPERATING.
The company has been admitted under the CIRP process effective
December 2021. NCLT vide its order dated October 2, 2022 has
granted exclusion of 90 days for completion of CIRP till January
31, 2023. Further, NCLT by its order dated January 31, 2023 has
granted further exclusion of 45 days for completion of CIRP
extending the CIRP period till March 17, 2023.
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 take into account continuous delay in servicing of debt
obligations and continuous reporting of net loss.
Detailed description of the key rating drivers
At the time of last rating on March 7, 2022, delay in servicing of
debt obligations and continuous reporting of net loss were the
rating weaknesses.
Analytical approach: Standalone
Key weaknesses
* Delay in servicing of debt obligations: There has been continuous
delay in servicing of debt obligations on account of stretched
liquidity. The liquidity profile of the group continues to be under
stress However, Debenture holders have approved monetization plan
with 100% majority on January 5, 2021.
* Continued stressed Profitability: As 100% of the loan book is
NPA, the interest income has remained low and on similar level to
INR6 Crore in 9MFY23 from INR3 crores in 9MFY22. the company has
reported net loss of INR318 crores in 9MFY23 as against INR1,078
crores in 9MFY22.
RCL was converted into a 'Core Investment Company' subject to
necessary approvals from RBI on September 07, 2018. Reliance
Capital has interests in life and general insurance; commercial and
home finance; equities & commodities broking; investment banking;
wealth management services; distribution of financial products;
private equity; asset reconstruction; proprietary investments and
other activities in financial services.
RELIANCE COMMERCIAL: CARE Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Reliance
Commercial Finance Limited (RCFL) continues to remain in the
'Issuer Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 6,982.18 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term 600.00 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Market Linked 38.00 CARE PP-MLD D; ISSUER NOT
Debentures COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Non Convertible 1,000.00 CARE D; ISSUER NOT COOPERATING
Debentures Rating continues to remain
under ISSUER NOT COOPERATING
category
Non Convertible 200.00 CARE D; ISSUER NOT COOPERATING
Debentures Rating continues to remain
under ISSUER NOT COOPERATING
category
Non Convertible 200.00 CARE D; ISSUER NOT COOPERATING
Debentures Rating continues to remain
under ISSUER NOT COOPERATING
category
Tier II Bonds 81.00 CARE D; ISSUER NOT COOPERATING
Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Limited has been seeking information from RCFL to
monitor the rating(s) vide e-mail communications/letters dated
February 10, 2023, January 31, 2023 and January 21, 2023 and
numerous phone calls. However, despite repeated requests, the
company has not provided the requisite information for monitoring
the ratings.
In line with the extant SEBI guidelines, CARE has reviewed the
rating on the basis of the best available information which
however, in CARE's opinion is not sufficient to arrive at a fair
rating. Further, RCFL has not paid the surveillance fees for the
rating exercise as agreed to in its Rating Agreement. The rating on
Reliance Commercial Finance Limited's long-term debt Programme and
instruments continues to be denoted as CARE D/CARE PP-MLD D; ISSUER
NOT COOPERATING.
RCFL has entered into an inter creditors agreement (ICA) dated July
06, 2019 under the framework of the circular issued by the
reserve bank of India on "Prudential Framework for resolution of
Stressed Assets dated June 7, 2019. As per the media reports,
Reliance Commercial Finance got an approval of a resolution plan in
August 30, 2022 and thus Authum Investments & Infrastructure
offered INR2,207 crore a 75% haircut for secured creditors (Total
dues INR9,017 crore). However, still full repayment is pending.
Parent company Reliance Capital Limited has been admitted under the
CIRP process effective December 2021. NCLT vide its order dated
October 2,2022 has granted exclusion of 90 days for completion of
CIRP till January 31, 2023. Further, NCLT by its order dated
January 31, 2023 has granted further exclusion of 45 days for
completion of CIRP extending the CIRP period till March 17, 2023.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Detailed description of the key rating drivers
At the time of last rating on March 7, 2022, continuous delay in
servicing of debt obligations on account of stretched liquidity
and delay in asset monetization.
Key weaknesses
* Ongoing delays: Resolution process has been started; however,
full repayments is yet to be completed Thus, there is delay in
servicing of debt obligations.
* Continue weaknesses in Profitability profile: The company has
reported profit of INR1991.27 crores in 9MFY23 as against loss of
INR2683.84 crores in 9MFY22, owing to exceptional item amount of
INR2,388.52 crore which includes borrowings written back in lieu of
the resolution plan approved.
* Investment Company: The commercial finance business of RCL has
been demerged into its wholly owned subsidiary viz. RCFL w.e.f.
April 1, 2016. RCFL is involved in financing of SME loans,
structured finance, construction equipment loans, loan against
property, MFI loans, infrastructure finance, construction finance,
commercial vehicles and supply chain finance. The company operates
under the brand name 'Reliance Money'.
The commercial finance business of RCL has been demerged into its
wholly owned subsidiary viz. RCFL w.e.f. April 1, 2016. RCFL is
involved in financing of SME loans, structured finance,
construction equipment loans, loan against property, MFI loans,
infrastructure finance, construction finance, commercial vehicles
and supply chain finance. The company operates under the brand name
'Reliance Money'.
Status of non-cooperation with previous CRA: As per PR dated
November 19, 2019, ICRA Ratings placed RCFL in the Issuer Not
Cooperating category as the company did not submit No default
statement. The ratings continue to be in Issuer Not Cooperating
category, as per PR dated November 18, 2022. As per PR dated
September 21, 2020, Brickwork Ratings placed RCFL in the Issuer Not
Cooperating category as the company did not provide the relevant
information for carrying out review. The ratings continue to be in
Issuer Not Cooperating category, as per PR dated October 4, 2022.
RELIANCE HOME: CARE Keeps D Debt Ratings in Not Cooperating
-----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Reliance
Home Finance Limited (RHFL) continues to remain in the 'Issuer Not
Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term 2,760.07 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term 333.00 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term 4,979.92 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term 400.00 CARE D; ISSUER NOT COOPERATING
Instruments Rating continues to remain
under ISSUER NOT COOPERATING
category
Market Linked 200.00 CARE PP-MLD D; ISSUER NOT
Debentures COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Non Convertible 2,618.27 CARE D; ISSUER NOT COOPERATING
Debentures Rating continues to remain
under ISSUER NOT COOPERATING
category
Upper Tier II 435.71 CARE D; ISSUER NOT COOPERATING
Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale and key rating drivers
CARE Ratings Limited has been seeking information from RHFL to
monitor the rating(s) vide email communications/letters dated
February 10, 2023, January 31, 2023 and January 21, 2023 and
numerous phone calls. However, despite repeated requests, the
company has not provided the requisite information for monitoring
the ratings. In line with the extant SEBI guidelines, CARE has
reviewed the rating on the basis of the best available information
which however, in CARE's opinion is not sufficient to arrive at a
fair rating. Further, RHFL has not paid the surveillance fees for
the rating exercise as agreed to in its Rating Agreement. The
rating on Reliance Home Finance Limited's long-term debt Programme
and instruments continues to be denoted as CARE D/CARE PP-MLD D;
ISSUER NOT COOPERATING.
RHFL has entered into an inter creditors agreement (ICA) dated
September 7, 2019 issued by the Reserve Bank of lndia (RBI) on
Prudential Framework for Resolution of Stressed Assets.
Parent company Reliance Capital Limited has been admitted under the
CIRP process effective December 2021. NCLT vide its order dated
October 2, 2022 has granted exclusion of 90 days for completion of
CIRP till January 31, 2023. Further, NCLT by its order dated
January 31, 2023 has granted further exclusion of 45 days for
completion of CIRP extending the CIRP period till March 17, 2023.
Users of this rating (including investors, lenders and the public
at large) are hence requested to exercise caution while using the
above rating(s).
Detailed description of the key rating drivers
At the time of last rating on March 7, 2022, continuous delay in
servicing of debt obligations on account of stretched liquidity
and delay in asset monetization.
Analytical approach: Standalone
Key weaknesses
* Ongoing delays: As per annual report 2022, the company has been
continuously defaulting in repayment of loans and borrowings
obtained from financial institutions, banks and debenture holders.
* Continue weaknesses in profitability profile: The interest income
is marginally improved to INR302.34 crore in 9MFY23 from INR263.49
crores in 9MFY22. However, provisions decline to INR61.14 crore
from INR646.94 crore in 9MFY22. the company has reported net loss
of INR553.73 crores in 9MFY23 as against a net loss of INR917.41
crores in 9MFY22.
Reliance Home Finance Limited (RHFL) was incorporated in June 2008
and is promoted by Reliance Capital Limited (RCL) part of the ADAG
(Anil Dhirubhai Ambani Group). RHFL is registered as housing
finance company with National Housing Bank and is engaged in
mortgaged based lending operations. RCL holds 47.91% stake in the
company as on March 31, 2022. The company was listed on stock
exchanges on September 22, 2017.
SUBA PLASTICS: ICRA Withdraws B+ Rating on INR18.77cr Term Loan
---------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Suba Plastics Private Limited at the request of the company and
based on the No Objection Certificate/Closure Certificate 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- 18.77 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Withdrawn
Term Loan
Long Term- 8.00 [ICRA]B+ (Stable) ISSUER NOT
Fund Based- COOPERATING; Withdrawn
Cash Credit
Long Term- 7.23 [ICRA]B +(Stable); ISSUER NOT
Unallocated COOPERATING; Withdrawn
SPPL was originally set up as a proprietorship concern named Suba
Plastics in 1983. The firm was involved in manufacturing plastic
injection moulds in the earlier years and was further was converted
into a private limited company in July 2005 with its name changed
to SPPL. The business is being managed by Mr. V. Baskaran, Mrs.
Geetha Baskaran (spouse of Mr. Baskaran) and Mr. V. Sudhakaran
(brother of Mr. Baskaran). At present, the company operates out of
its two manufacturing facilities at Coimbatore, consisting of CNC
machines and thermography-equipped cutting machines.
SUPERFINE BLEACHING: CARE Keeps C Debt Rating in Not Cooperating
----------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Superfine
Bleaching Company Limited (SBCL) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 8.96 CARE C; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated December 27,
2021, placed the rating(s) of SBCL under the 'issuer
non-cooperating' category as SBCL 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. SBCL
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated November 12, 2022, November 22, 2022, December
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).
SBCL is a family-run business promoted by Late Mr. Soundappan,
under the name M/s Veena Processing Mills Limited (VPML) in 1993.
The company was earlier engaged in job work of dyeing both fabric
and yarn. Subsequently, during October 2005, the company was
renamed SBCL and shifted focus to scouring, bleaching and dyeing of
yarn alone. The company presently undertakes only job work in
dyeing of yarn for players in and around Tiruppur. The company is
presently managed by Mr. Ravindran, who represents the third
generation of the family in the business. SBCL has an installed
capacity of dyeing yarn of 10,120 kgs per day as of June 30, 2015,
at Namakkal, Tamil Nadu, operating in two shifts. The company has
also established the effluent treatment plant which became
operational from September 2014.
SUPREME & COMPANY: CARE Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Supreme &
Company Private Limited (SCPL) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 58.71 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Long Term/ 121.00 CARE D/CARE D; ISSUER NOT
Short Term COOPERATING; Rating continues
Bank Facilities to remain under ISSUER NOT
COOPERATING category
Short Term Bank 102.50 CARE D; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated December 20,
2021, placed the rating(s) of SCPL under the 'issuer
non-cooperating' category as SCPL 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. SCPL
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated November 5, 2022, November 15, 2022, November
25, 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).
Supreme and Company Private Limited (SCPL), promoted by Mr. Omkar
Agarwal of Kolkata, was incorporated in 1978 and remained dormant
till 2006. Prior to setting up of SCPL, the promoters were engaged
in manufacturing of fastener products through a partnership firm,
named, Supreme & Company. Currently, SCPL is engaged in
manufacturing of galvanised steel fabrication, aluminium and copper
accessories for power transmission and distribution lines. In FY10,
SCPL has ventured into supply, construction and commissioning of
power distribution lines on turnkey basis. In FY15, SCPL took the
dealership of Mahindra & Mahindra vehicles for five districts of
West Bengal.
TATHVA PROJECTS: CARE Keeps C Debt Rating in Not Cooperating
------------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Tathva
Projects Private Limited (TPPL) continues to remain in the 'Issuer
Not Cooperating' category.
Amount
Facilities (INR crore) Ratings
---------- ----------- -------
Long Term Bank 0.30 CARE C; ISSUER NOT COOPERATING
Facilities Rating continues to remain
under ISSUER NOT COOPERATING
category
Short Term 4.70 CARE A4; ISSUER NOT
Bank Facilities COOPERATING; Rating continues
to remain under ISSUER NOT
COOPERATING category
Rationale & Key Rating Drivers
CARE Ratings Ltd. had, vide its press release dated December 9,
2021, placed the rating(s) of TPPL under the 'issuer
non-cooperating' category as TPPL 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. TPPL
continues to be noncooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated October 25, 2022, November 14, 2022 and February
27, 2023.
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).
Tathva Projects Private Limited (TPPL) was incorporated in March,
2006 by Mr. R Phaneendra Kumar (Managing Director) and Mr. B
Srinivas (Director). The company is engaged in the construction
activities like layout development works, dredging works, water
pipelines works, etc. for private companies. The company has an
associate concern; Tathva Developers Private Limited (TDPL) which
is also engaged in construction business to which TPPL assigns job
work activities of their projects.
=====================
N E W Z E A L A N D
=====================
BEN'S PIANO: Court to Hear Wind-Up Petition on March 17
-------------------------------------------------------
A petition to wind up the operations of Ben's Piano & Furniture
Carriers Limited will be heard before the High Court at Auckland on
March 17, 2022, at 10:00 a.m.
The Commissioner of Inland Revenue filed the petition against the
company on Dec. 8, 2022.
The Petitioner's solicitor is:
Cloete Van Der Merwe
Inland Revenue, Legal Services
5 Osterley Way, Manukau City
Auckland 2104
BIG CATS: Owner Fears Big Cats at Risk of Euthanasia
----------------------------------------------------
Radio New Zealand reports that lions, tigers and a leopard face
possible euthanasia in Whangarei after the financial collapse of
their cat sanctuary home.
The Kamo Wildlife Sanctuary houses 15 big cats in their late teens
and early 20s.
The site had only just reopened in 2021 after eight years closed
down - and is now in involuntary liquidation, the report says.
Operator Janette Vallance told RNZ on March 7: "We need to get
something in place here. If we don't, they're euthanised. I mean,
that'll happen over my dead body. Don't get me wrong, but let's be
realistic. It is, from a business perspective, it's more
cost-effective than anything else."
According to RNZ, Ms. Vallance said the business struck financial
trouble after bad weather put off crowds in winter and summer, and
then parts of the property flooded during Cyclone Gabrielle.
"It's been a crap year to be honest. Like if you think back to the
school holidays, whether [it was] mid-year holidays or the October
holidays, it rained.
"Like we had two fine days I think it worked out to in the winter
ones, and I don't think it was much more in October. There's not
been the cash flow."
Under previous ownership, the park was once run by Craig Busch -
the 'Lion Man' - and was also the scene of a fatal tiger attack on
a handler in 2009, RNZ recalls.
To get it up to standard, NZD12 million was spent on the sanctuary
between 2017 and 2021.
In a written statement, Ministry for Primary Industries deputy
director general Vince Arbuckle said MPI had conducted regular
onsite visits over the past year and a half.
"There have been no animal welfare issues identified since the
facility opened to the public. Our last visit was early last
week."
The park was contacting people booked to visit in the coming weeks.
There were about six fulltime-equivalent staff, including Ms.
Vallance.
"We have an agreement for a little bit of funds to be spent on some
wages over the next few days, that will come to an end," she said,
notes the report.
The liquidator, Bolton Equities, will continue negotiating the
future of the park with Vallance but they remained supportive of
her as an operator, she said, according to RNZ.
She would like to hear from anyone interested in investing in the
park to keep it open, RNZ says.
Inland Revenue was among creditors owed money.
The High Court in Whangarei entered an order on March 1, 2023, to
place Big Cats Limited, which operates the Kamo Wildlife Sanctuary,
into involuntary liquidation.
The park was formerly known as Zion Wildlife Gardens and was once
owned by Craig Busch.
FILL A BOWL: Creditors' Proofs of Debt Due on April 7
-----------------------------------------------------
Creditors of Fill A Bowl Limited are required to file their proofs
of debt by April 7, 2023, to be included in the company's dividend
distribution.
The company commenced wind-up proceedings on March 6, 2023.
The company's liquidators are:
Adam Botterill
Damien Grant
Waterstone Insolvency
PO Box 352
Auckland 1140
LAWNS & THORNS: Creditors' Proofs of Debt Due on March 31
---------------------------------------------------------
Creditors of Lawns & Thorns Limited are required to file their
proofs of debt by March 31, 2023, to be included in the company's
dividend distribution.
The company commenced wind-up proceedings on Feb. 27, 2023.
The company's liquidators are:
Trevor Edwin Laing
Emma Margaret Laing
Laing Insolvency Specialists Limited
PO Box 2468
Dunedin 9044
SAFARI BBQ: Court to Hear Wind-Up Petition on March 24
------------------------------------------------------
A petition to wind up the operations of Safari Bbq Products Limited
will be heard before the High Court at Auckland on March 24, 2022,
at 10:00 a.m.
Safari Vervaardiging CC filed the petition against the company on
Dec. 7, 2022.
The Petitioner's solicitor is:
Matthew Cargill Sumpter
Chapman Tripp
Level 34
15 Customs Street West
Auckland
SKYSOLAR LIMITED: Creditors' Proofs of Debt Due on April 12
-----------------------------------------------------------
Creditors of Skysolar Limited and Chaohu Limited are required to
file their proofs of debt by April 12, 2023, to be included in the
company's dividend distribution.
Colin Sanderson and Iain McLennan of McDonald Vague were appointed
joint and several liquidators of Skysolar Limited by the High Court
at Auckland on March 2, 2023 on application of Duncan Cotterill.
Keaton Pronk and Iain McLennan of McDonald Vague were appointed
joint and several liquidators of Chaohu Limited by the High Court
at Auckland on March 2, 2023 on application of Christine Henrietta
Ding and D.G. Trustee Co (2021) Limited as trustees of the
Henrietta Trust.
=================
S I N G A P O R E
=================
25SNAP PTE: Court Enters Wind-Up Order
--------------------------------------
The High Court of Singapore entered an order on Feb. 24, 2023, to
wind up the operations of 25SNAP Pte. Ltd.
Maybank Singapore Limited filed the petition against the company.
The company's liquidator is:
Gary Loh Weng Fatt
BDO Advisory Pte Ltd
600 North Bridge Road
#23-01 Parkview Square
Singapore 188778
APEX PRINTING: Court Enters Wind-Up Order
-----------------------------------------
The High Court of Singapore entered an order on Feb. 24, 2023, to
wind up the operations of Apex Printing Pte. Ltd.
Maybank Singapore Limited filed the petition against the company.
The company's liquidator is:
Gary Loh Weng Fatt
BDO Advisory Pte Ltd
600 North Bridge Road
#23-01 Parkview Square
Singapore 188778
DORE CLINIC: Court to Hear Wind-Up Petition on March 24
-------------------------------------------------------
A petition to wind up the operations of Dore Clinic Pte Ltd will be
heard before the High Court of Singapore on March 24, 2023, at
10:00 a.m.
United Overseas Bank Limited filed the petition against the company
on March 1, 2023.
The Petitioner's solicitors are:
Harry Elias Partnership LLP
SGX Centre 2
#17-01, 4 Shenton Way
Singapore 068807
EQONEX LIMITED: Court to Hear Judicial Management Bid on March 23
-----------------------------------------------------------------
A petition to place the operations of Eqonex Limited under the
judicial management of judicial managers will be heard before the
High Court of Singapore on March 23, 2023, at 10:00 a.m.
Mr. Joshua James Taylor and Ms. Chew Ee Ling of Alvarez & Marsal
(SE) Asia Pte. Ltd. have been nominated as the joint and several
judicial managers by the company.
FAT CAT: Court to Hear Wind-Up Petition on March 24
---------------------------------------------------
A petition to wind up the operations of Fat Cat Amusement Pte Ltd
will be heard before the High Court of Singapore on March 24, 2023,
at 10:00 a.m.
DBS Trustee Limited (in its capacity as trustee of Lendlease Global
Commercial REIT) filed the petition against the company on Feb. 27,
2023.
The Petitioner's solicitors are:
Tan Peng Chin LLC
50 Raffles Place
#27-01, Singapore Land Tower
Singapore 048623
YANLORD LAND: Moody's Affirms Ba2 CFR & Alters Outlook to Negative
------------------------------------------------------------------
Moody's Investors Service has revised the rating outlooks on
Yanlord Land Group Limited (Yanlord) and Yanlord Land (HK) Co.,
Limited to negative from stable.
At the same time, Moody's has affirmed Yanlord's Ba2 corporate
family rating and the Ba3 backed senior unsecured rating on the
bonds issued by Yanlord Land (HK) Co., Limited, a wholly-owned
subsidiary of Yanlord. The bonds are guaranteed by Yanlord.
"The negative outlook reflects Moody's expectation that Yanlord's
contracted sales will decline and its credit metrics will worsen
over the next 12-18 months," says Cedric Lai, a Moody's Vice
President and Senior Analyst.
"The affirmation of the ratings reflects Moody's expectation that
Yanlord will maintain good liquidity and a disciplined approach
toward business expansion and financial management," adds Lai.
RATINGS RATIONALE
Moody's forecasts Yanlord's contracted sales will underperform
compared with the national market and decline by around 20%-25% in
2023 from the previous year, after a strong growth of 14% to around
RMB68.1 billion in 2022. The weakening sales performance reflects
the company's moderate business scale and significant slowdown in
land replenishment over the past 12-18 months. The sales decline
will weaken the company's operating cash flow and credit metrics
over the next 12-18 months.
Moody's projects Yanlord's credit metrics will weaken-- its
debt/EBITDA will deteriorate to around 6.8x over the next 12-18
months, compared with 6.4x in 2022, and its EBIT/interest coverage
will decline to around 2.6x over the same period from 2.8x in 2022.
These forecasts, which are weak for the company's Ba2 CFR,
incorporate Moody's expectation that the company will face a
decline in its profit margin to around 22% from 27% in 2022 during
the same period.
However, Moody's expects Yanlord's liquidity to remain good, given
that the company has maintained good access to both onshore and
offshore financing. Its unrestricted cash of RMB20.7 billion as of
the end of 2022 and projected operating cash flow will be
sufficient to cover its maturing debt over the next 12-18 months,
although the expected use of internal resources to repay maturing
debt will likely reduce its liquidity buffer over time.
In addition, Moody's expects Yanlord's rental income/interest
coverage to improve slightly to around 45% over the next 12-18
months from 43% in 2022, supported by steady rental income growth
in China and Singapore.
Yanlord's Ba2 CFR reflects the company's established brand name and
high-quality products, which give it strong pricing power. In
addition, its sales strategy caters to a broad spectrum of the
market. The rating also considers Yanlord's good liquidity and
solid recurring rental income from its investment properties (IP)
in China and Singapore, which provide the company with stable cash
flow that can partly mitigate the cash flow volatilities arising
from its property development business.
On the other hand, the rating is constrained by Yanlord's volatile
operating performance, geographic concentration and moderate debt
leverage. The significant exposure to joint venture (JV) businesses
also hinder the transparency of its credit metrics, although its
reputable JV partners temper this risk.
The company's Ba3 senior unsecured debt rating is one notch lower
than the CFR due to structural subordination risk. This risk
reflects the fact that the majority of claims are at the operating
subsidiaries and have priority over Yanlord's senior unsecured
claims in a bankruptcy scenario. In addition, the holding company
lacks significant mitigating factors for structural subordination.
As a result, the likely recovery rate for claims at the holding
company will be lower.
In terms of environmental, social and governance (ESG) factors,
Moody's has considered Yanlord's concentrated ownership, with its
largest shareholder and chairman, Mr. Zhong Sheng Jian, holding an
approximately 71.55% direct and indirect stake (excluding treasury
shares) in the company as of the end of December 2022. The presence
of internal governance structures and standards as required by the
Singapore Exchange mitigates this risk.
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 Yanlord's rating outlook to stable if
the company improves its sales and credit metrics, strengthens its
access to long-term funding, and maintains sufficient liquidity.
Credit metrics that could indicate a stable rating outlook include
EBIT/interest coverage above 3.0x-3.5x and debt/EBITDA below
6.0x-6.5x on a sustained basis.
Moody's could downgrade Yanlord's ratings if the company's sales,
credit metrics and its liquidity weakens, or if the company pursues
aggressive expansion. Credit metrics indicating a downgrade include
EBIT/interest coverage falling below 2.5x or debt/EBITDA above
6.8x-7.0x, both on a sustained basis.
The principal methodology used in these ratings was Homebuilding
and Property Development published in October 2022.
Yanlord Land Group Limited is a real estate developer in China and
Singapore, and is listed on the Singapore Exchange. It had a land
bank with a gross floor area (GFA) of about 9.5 million square
meters as of December 2022, located mainly across six geographic
regions in China, including the Yangtze River Delta, the Greater
Bay Area, the Bohai Rim, Central China, Hainan and Western China.
The company also has residential development projects and
investment properties in Singapore.
=====================
S O U T H K O R E A
=====================
DOOSAN BOBCAT: Moody's Affirms 'Ba3' CFR, Alters Outlook to Pos.
----------------------------------------------------------------
Moody's Investors Service has changed the outlook on Doosan Bobcat
Inc. (DBI) and Clark Equipment Company to positive from stable.
At the same time, Moody's has affirmed DBI's Ba3 corporate family
rating and the Ba3 rating on the backed senior secured term loan
facility that is borrowed by Clark Equipment Company and guaranteed
by DBI.
"The outlook change to positive primarily reflects the Doosan
group's improving credit quality, which in turn reduces the credit
drag on DBI. The rating action also reflects DBI's robust financial
profile, which provides a significant buffer against the risk of
providing support to group affiliates," says Sean Hwang, a Moody's
Assistant Vice President and Analyst.
RATINGS RATIONALE
DBI's Ba3 ratings continue to reflect its dominant position in the
compact farm and construction equipment market in North America,
its solid financial leverage, consistently positive free cash flow
and very good liquidity. These strengths are counterbalanced by the
cyclical nature of the compact farm and construction equipment
industry and DBI's moderate market position in EMEA.
The credit profiles of DBI's parent, Doosan Enerbility Co., Ltd.,
and its grandparent, Doosan Corp., which are relatively weaker than
that of DBI, have been gradually improving. This situation reduces
the magnitude of the associated credit drag on DBI.
Doosan Enerbility reduced its reported consolidated debt (excluding
lease liabilities) to KRW4.9 trillion at the end of 2022 from
KRW10.1 trillion at the end of 2020, through KRW2.4 trillion in
equity raisings and the sale of its Doosan Infracore Co., Ltd.
stake, which resulted in KRW850 billion in proceeds and the
deconsolidation of its former subsidiary's debt. The company has
also turned around its own power plant solutions business, with
order backlogs recovering since 2021. Moody's expects Doosan
Enerbility's order book and earnings to continue improving over the
next couple of years, helped by the resumption of nuclear power
plant construction in Korea and easing raw material costs.
Doosan Enerbility's standalone liquidity sources are not sufficient
to cover its large debt maturities in 2023. However, this risk is
mitigated by Korean policy banks' continued support for the
company, given its importance as the dominant supplier of power
plant technologies and maintenance works in Korea.
Doosan Corp.'s balance sheet has also strengthened significantly
from the company's sale of its stakes in subsidiaries and business
units over the past few years. On a standalone basis, Doosan Corp.
had moderate net debt of KRW0.7 trillion (excluding lease
liabilities) as of the end of 2022, compared with its large asset
base of KRW5.0 trillion, of which around two-thirds is associated
with subsidiary stakes.
In addition, Doosan Bobcat's financial profile will remain healthy.
Moody's expects DBI's adjusted debt/EBITDA will increase modestly
to 1.7x-2.0x over the next 12-18 months from 1.6x estimated for
2022, with its earnings softening slightly from last year's very
strong level amid increasing labor and marketing expenses.
This level of leverage, which is strong for the Ba3 rating
category, and the company's strong ability to generate positive
free cash flow, provide a significant buffer against the risk of
providing financial support to its group affiliates.
The term loan and the revolving facilities are secured by a first
lien on substantially all of the borrower's assets, and also
guaranteed by DBI. Nevertheless, the term loan is rated at the same
level as DBI's Ba3 CFR, because the company's term loan and
revolving facilities rank pari passu with each other and constitute
the preponderance of DBI's debt, which implies limited junior
cushions in its liability structure.
In terms of environmental, social and governance (ESG)
considerations, DBI faces moderately negative exposure to
environmental and social risks in line with the broader
manufacturing sector, as well as governance risks mainly associated
with the ownership concentration around the Doosan group.
FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS
Moody's could upgrade the ratings if (1) Doosan Enerbility's and
Doosan Corp.'s overall credit quality (excluding DBI) continues to
improve, through the maintenance of adequate profitability and a
stable capital structure, and (2) DBI's financial profile remains
solid, such that its adjusted debt/EBITDA stays below 3.0x.
Moody's could return the outlook to stable if (1) the improvement
in Doosan Enerbility's and Doosan Corp.'s credit quality (excluding
DBI) does not materialize, due to weak operating performance or a
recurrence of liquidity issues, or (2) DBI's financial profile
weakens materially because of a sharp drop in earnings or large
debt-funded investment, such that its adjusted debt/EBITDA exceeds
3.0x on a sustained basis.
The principal methodology used in these ratings was Manufacturing
published in September 2021.
Doosan Bobcat Inc. is the leading manufacturer of compact farm and
construction equipment mainly in North America and EMEA. It engages
in the design, manufacture, sale and service of compact farm and
construction equipment under the Bobcat brand, and of portable
power and forklift products.
===============
X X X X X X X X
===============
[*] BOND PRICING: For the Week March 6, 2023 to March 10, 2023
--------------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- -------- -----
AUSTRALIA
---------
ACN 113 874 712 PTY LTD 13.25 02/15/18 USD 0.26
ACN 113 874 712 PTY LTD 13.25 02/15/18 USD 0.26
APA INFRASTRUCTURE LTD 1.25 03/15/33 EUR 74.00
APA INFRASTRUCTURE LTD 2.50 03/15/36 GBP 67.70
AUSNET SERVICES HOLDINGS 2.57 08/07/35 AUD 69.57
AUSNET SERVICES HOLDINGS 2.57 08/07/35 AUD 69.22
AUSNET SERVICES HOLDINGS 3.16 08/07/40 AUD 65.80
AUSTRALIA & NEW ZEALAND B 1.86 02/28/44 EUR 75.24
AUSTRALIA & NEW ZEALAND B 2.57 11/25/35 USD 73.99
AUSTRALIA & NEW ZEALAND B 2.57 11/25/35 USD 73.95
AUSTRALIA & NEW ZEALAND B 3.40 12/20/39 AUD 67.07
AUSTRALIA & NEW ZEALAND B 1.23 02/18/50 EUR 64.51
AUSTRALIA & NEW ZEALAND B 3.00 12/17/40 AUD 61.91
AUSTRALIA & NEW ZEALAND B 2.92 12/22/40 AUD 60.17
AUSTRALIA GOVERNMENT BOND 1.75 06/21/51 AUD 65.72
CLIME CAPITAL LTD/FUND 5.25 11/30/25 AUD 0.98
COMMONWEALTH BANK OF AUST 3.10 11/30/41 AUD 74.73
COMMONWEALTH BANK OF AUST 1.34 05/17/49 EUR 73.72
COMMONWEALTH BANK OF AUST 3.66 09/23/34 AUD 72.76
COMMONWEALTH BANK OF AUST 3.00 03/20/35 AUD 71.90
COMMONWEALTH BANK OF AUST 3.30 05/28/35 AUD 71.83
COMMONWEALTH BANK OF AUST 1.01 07/19/44 EUR 71.25
COMMONWEALTH BANK OF AUST 3.31 03/11/41 USD 69.79
COMMONWEALTH BANK OF AUST 3.31 03/11/41 USD 69.78
COMMONWEALTH BANK OF AUST 0.69 11/15/39 EUR 68.73
COMMONWEALTH BANK OF AUST 2.71 10/29/49 AUD 66.84
COMMONWEALTH BANK OF AUST 2.70 09/18/49 AUD 66.62
COMMONWEALTH BANK OF AUST 2.66 11/26/49 AUD 66.18
COMMONWEALTH BANK OF AUST 2.60 09/27/49 AUD 65.17
COMMONWEALTH BANK OF AUST 0.48 07/30/43 EUR 65.15
COMMONWEALTH BANK OF AUST 0.48 07/29/41 EUR 64.05
COMMONWEALTH BANK OF AUST 3.00 12/10/40 AUD 63.87
COMMONWEALTH BANK OF AUST 2.45 10/18/49 AUD 63.22
COMMONWEALTH BANK OF AUST 3.20 08/27/40 AUD 62.96
COMMONWEALTH BANK OF AUST 3.30 09/24/41 AUD 61.79
COMMONWEALTH BANK OF AUST 3.30 08/26/50 AUD 61.57
COMMONWEALTH BANK OF AUST 3.12 08/27/41 AUD 59.72
COMMONWEALTH BANK OF AUST 1.90 03/12/50 AUD 54.68
EDITH COWAN UNIVERSITY 3.40 07/15/41 AUD 69.50
EXCHANGE TRADED AUSTRALIA 1.75 06/21/51 AUD 65.41
FLAGSHIP INVESTMENTS LTD 5.50 10/01/26 AUD 2.56
GENERAL PROPERTY TRUST 2.21 12/04/35 HKD 72.77
GLENNON SMALL COS LTD 5.60 09/30/30 AUD 8.55
GLOBAL MASTERS FUND LTD/F 5.50 11/24/26 AUD 3.10
MACQUARIE BANK LTD 3.05 03/03/36 USD 73.31
MACQUARIE BANK LTD 3.05 03/03/36 USD 73.23
MACQUARIE GROUP LTD 2.67 10/27/36 USD 72.38
MACQUARIE GROUP LTD 2.60 10/08/36 USD 71.81
MACQUARIE GROUP LTD 2.50 09/24/36 USD 70.95
MACQUARIE GROUP LTD 2.22 06/26/39 SEK 54.39
MACQUARIE UNIVERSITY 3.05 05/20/40 AUD 74.33
MACQUARIE UNIVERSITY 3.10 11/22/44 AUD 69.98
MOSAIC BRANDS LTD 8.00 09/30/24 AUD 0.85
NATIONAL AUSTRALIA BANK L 3.30 06/09/35 AUD 73.94
NATIONAL AUSTRALIA BANK L 4.10 02/24/42 AUD 73.31
NATIONAL AUSTRALIA BANK L 2.76 01/21/40 AUD 73.02
NATIONAL AUSTRALIA BANK L 2.64 12/16/39 AUD 72.25
NATIONAL AUSTRALIA BANK L 2.68 01/22/40 AUD 72.23
NATIONAL AUSTRALIA BANK L 2.60 01/28/40 AUD 71.21
NATIONAL AUSTRALIA BANK L 3.71 11/25/41 AUD 70.47
NATIONAL AUSTRALIA BANK L 2.48 12/05/39 AUD 70.01
NATIONAL AUSTRALIA BANK L 3.37 05/25/46 USD 69.60
NATIONAL AUSTRALIA BANK L 3.40 06/30/40 AUD 68.22
NATIONAL AUSTRALIA BANK L 3.35 07/17/40 AUD 67.94
NATIONAL AUSTRALIA BANK L 3.35 07/24/40 AUD 64.19
NATIONAL AUSTRALIA BANK L 2.65 01/14/41 USD 62.83
NATIONAL AUSTRALIA BANK L 2.65 01/14/41 USD 62.74
NEW SOUTH WALES TREASURY 2.25 11/20/40 AUD 71.12
NEW SOUTH WALES TREASURY 2.25 05/07/41 AUD 70.63
NEW SOUTH WALES TREASURY 2.25 05/20/42 AUD 69.00
NEW SOUTH WALES TREASURY 2.45 08/24/50 AUD 65.81
NEW SOUTH WALES TREASURY 0.61 02/24/50 EUR 64.25
QUEENSLAND TREASURY CORP 2.25 04/16/40 AUD 71.97
QUEENSLAND TREASURY CORP 2.25 11/20/41 AUD 70.19
QUEENSLAND TREASURY CORP 2.25 10/28/50 AUD 63.00
QUEENSLAND TREASURY CORP 0.69 06/01/50 EUR 60.65
RIO TINTO FINANCE USA LTD 2.75 11/02/51 USD 71.22
SOUTH AUSTRALIAN GOVERNME 2.00 05/23/36 AUD 73.98
SOUTH AUSTRALIAN GOVERNME 2.25 05/24/40 AUD 70.08
STOCKLAND TRUST MANAGEMEN 2.62 03/19/36 HKD 72.98
TASMANIAN PUBLIC FINANCE 1.75 01/22/36 AUD 72.24
TASMANIAN PUBLIC FINANCE 2.35 08/23/41 AUD 69.53
TREASURY CORP OF VICTORIA 2.00 11/20/37 AUD 71.83
TREASURY CORP OF VICTORIA 2.25 11/20/40 AUD 70.55
TREASURY CORP OF VICTORIA 2.25 11/20/41 AUD 69.20
TREASURY CORP OF VICTORIA 2.25 11/20/42 AUD 68.16
TREASURY CORP OF VICTORIA 2.40 08/18/50 AUD 64.51
TREASURY CORP OF VICTORIA 0.60 02/24/50 EUR 61.66
VIRGIN AUSTRALIA HOLDINGS 7.88 10/15/21 USD 0.56
VIRGIN AUSTRALIA HOLDINGS 8.13 11/15/24 USD 0.51
VIRGIN AUSTRALIA HOLDINGS 8.13 11/15/24 USD 0.51
VIRGIN AUSTRALIA HOLDINGS 8.00 11/26/24 AUD 0.38
VIRGIN AUSTRALIA HOLDINGS 8.08 03/05/24 AUD 0.37
VIRGIN AUSTRALIA HOLDINGS 8.25 05/30/23 AUD 0.37
VIRGIN AUSTRALIA HOLDINGS 7.88 10/15/21 USD 0.27
WESTERN AUSTRALIAN TREASU 2.25 07/23/41 AUD 71.03
WESTPAC BANKING CORP 0.38 09/22/36 EUR 69.87
WESTPAC BANKING CORP 2.35 02/27/40 AUD 68.68
WESTPAC BANKING CORP 3.13 11/18/41 USD 68.59
WESTPAC BANKING CORP 2.96 11/16/40 USD 67.70
CHINA
-----
AKESU DISTRICT GREEN INDU 4.09 03/11/23 CNY 20.03
AKESU DISTRICT GREEN INDU 4.09 03/11/23 CNY 19.95
AKESU TEXTILE CITY DEVELO 7.50 06/21/24 CNY 41.00
AKESU TEXTILE CITY DEVELO 7.50 06/21/24 CNY 40.99
ALETAI CITY JUJIN URBAN C 7.73 10/26/24 CNY 51.87
ALTAY PREFECTURE STATE-OW 4.85 01/22/23 CNY 20.05
ALTAY PREFECTURE STATE-OW 4.85 01/22/23 CNY 20.00
ANHUI DANGTU ECO DEVELOPM 6.00 09/11/24 CNY 40.77
ANHUI DANGTU ECO DEVELOPM 6.00 09/11/24 CNY 40.00
ANHUI HUAAN FOREIGN ECONO 7.30 07/13/21 CNY 70.01
ANHUI HUAINING URBAN & RU 5.80 08/28/24 CNY 40.77
ANHUI HUAINING URBAN & RU 5.80 08/28/24 CNY 40.00
ANHUI JIANGNAN INDUSTRIAL 4.76 07/08/23 CNY 19.93
ANHUI JIANGNAN INDUSTRIAL 4.76 07/08/23 CNY 19.91
ANHUI LANGCHUAN HOLDING G 6.13 12/11/24 CNY 41.65
ANHUI LANGCHUAN HOLDING G 6.13 12/11/24 CNY 41.21
ANHUI LEXING CITY CONSTRU 6.05 11/01/24 CNY 41.15
ANJI CONSTRUCTION INVESTM 7.20 05/02/25 CNY 63.06
ANJI CONSTRUCTION INVESTM 7.49 09/25/25 CNY 62.91
ANJI CONSTRUCTION INVESTM 7.20 05/02/25 CNY 61.85
ANJI CONSTRUCTION INVESTM 7.49 09/25/25 CNY 60.00
ANJI COUNTY INDUSTRY INVE 7.00 11/19/25 CNY 62.10
ANJI COUNTY INDUSTRY INVE 7.00 11/19/25 CNY 60.00
ANJI NORTHWEST DEVELOPMEN 5.90 07/18/23 CNY 20.12
ANJI NORTHWEST DEVELOPMEN 5.90 07/18/23 CNY 19.93
ANLU CONSTRUCTION DEVELOP 5.45 06/15/23 CNY 20.12
ANNING DEVELOPMENT INVEST 8.80 09/11/25 CNY 63.87
ANNING DEVELOPMENT INVEST 8.00 12/04/25 CNY 63.49
ANNING DEVELOPMENT INVEST 8.00 12/04/25 CNY 60.00
ANNING DEVELOPMENT INVEST 8.80 09/11/25 CNY 55.50
ANQING ECONOMIC&TECHNOLOG 4.09 03/09/23 CNY 20.01
ANQING ECONOMIC&TECHNOLOG 4.09 03/09/23 CNY 19.98
ANQING WANJIANG HIGH TECH 6.50 08/02/24 CNY 40.34
ANQING WANJIANG HIGH TECH 6.50 08/02/24 CNY 40.00
ANQIU HUAAN STATE OWNED A 7.00 09/14/24 CNY 39.81
ANQIU HUAAN STATE OWNED A 7.00 09/14/24 CNY 38.00
ANSHUN CITY CONSTRUCTION 7.30 09/15/24 CNY 41.14
ANSHUN CITY XIXIU INDUSTR 8.00 01/29/26 CNY 69.30
ANSHUN CITY XIXIU INDUSTR 8.00 01/29/26 CNY 68.00
ANSHUN CITY XIXIU INDUSTR 7.90 11/15/25 CNY 63.27
ANSHUN CITY XIXIU INDUSTR 7.90 11/15/25 CNY 50.00
ANSHUN STATE-RUN ASSETS M 4.48 07/18/23 CNY 19.96
ANSHUN STATE-RUN ASSETS M 4.48 07/18/23 CNY 19.83
ANSHUN TRANSPORTATION DEV 7.50 10/31/24 CNY 38.23
ANSHUN TRANSPORTATION DEV 7.50 10/31/24 CNY 35.50
ANSHUN XIXIU CITY INVESTM 4.70 11/22/23 CNY 19.97
ANSHUN XIXIU CITY INVESTM 4.70 11/22/23 CNY 17.54
ANYUE XINGAN CITY DEVELOP 7.50 01/30/25 CNY 61.62
ANYUE XINGAN CITY DEVELOP 7.50 01/30/25 CNY 61.61
AOYUAN CORP GROUP LTD 5.65 08/06/25 CNY 59.71
AOYUAN CORP GROUP LTD 6.60 09/03/23 CNY 38.00
AOYUAN CORP GROUP LTD 5.50 03/03/25 CNY 25.50
BAOJI INVESTMENT GROUP CO 5.05 04/18/24 CNY 40.24
BAOTOU AFFORDABLE HOUSING 5.25 07/27/24 CNY 40.80
BAOTOU AFFORDABLE HOUSING 5.31 08/10/24 CNY 40.22
BAOTOU AFFORDABLE HOUSING 5.25 07/27/24 CNY 40.18
BAOTOU QINSHAN HOUSING DE 7.90 12/26/23 CNY 45.33
BAOYING CITY CONSTRUCTION 4.50 03/24/23 CNY 20.05
BAOYING CITY CONSTRUCTION 4.50 03/24/23 CNY 19.98
BAOYING COUNTY DEVELOPMEN 5.49 10/17/24 CNY 41.70
BAOYING COUNTY DEVELOPMEN 5.49 10/17/24 CNY 40.71
BAOYING COUNTY DEVELOPMEN 5.45 08/21/24 CNY 40.60
BAZHOU GUOHUI CONSTRUCTIO 6.08 06/19/24 CNY 40.73
BAZHOU GUOHUI CONSTRUCTIO 6.08 06/19/24 CNY 40.49
BEIPIAO CITY CONSTRUCTION 6.70 03/25/23 CNY 20.11
BEIPIAO CITY CONSTRUCTION 6.70 03/25/23 CNY 20.11
BENGBU ECONOMIC DEVELOPME 6.45 07/13/24 CNY 40.34
BENGBU ECONOMIC DEVELOPME 6.45 07/13/24 CNY 40.00
BENGBU URBAN INVESTMENT H 5.80 04/13/24 CNY 40.39
BENGBU URBAN INVESTMENT H 5.80 04/13/24 CNY 40.38
BIJIE CITY ANFANG CONSTRU 7.80 01/18/26 CNY 69.00
BIJIE CONSTRUCTION INVEST 5.55 08/03/24 CNY 40.09
BIJIE CONSTRUCTION INVEST 5.78 07/06/24 CNY 38.76
BIJIE DEXI CONSTRUCTION D 4.60 11/17/23 CNY 19.64
BIJIE DEXI CONSTRUCTION D 5.10 12/05/23 CNY 19.60
BIJIE DEXI CONSTRUCTION D 4.60 11/17/23 CNY 19.52
BIJIE DEXI CONSTRUCTION D 5.10 12/05/23 CNY 19.18
BIJIE QIXINGGUAN DISTRICT 8.05 08/16/25 CNY 55.33
BIJIE QIXINGGUAN DISTRICT 7.60 09/08/24 CNY 41.22
BIJIE TIANHE URBAN CONSTR 8.05 12/03/25 CNY 63.54
BIJIE XINTAI INVESTMENT C 7.80 11/01/24 CNY 36.00
BIJIE XINTAI INVESTMENT C 7.80 11/01/24 CNY 35.49
BINZHOU ZHANHUA DISTRICT 4.93 11/29/23 CNY 20.09
BINZHOU ZHANHUA DISTRICT 4.93 11/29/23 CNY 19.83
BOZHOU URBAN CONSTRUCTION 4.78 04/14/23 CNY 20.07
BOZHOU URBAN CONSTRUCTION 4.78 04/14/23 CNY 19.98
BRILLIANCE AUTO GROUP HOL 5.80 06/17/24 CNY 60.78
BRILLIANCE AUTO GROUP HOL 5.80 11/05/23 CNY 59.80
BRILLIANCE AUTO GROUP HOL 6.30 09/14/23 CNY 56.93
BRILLIANCE AUTO GROUP HOL 5.40 09/14/23 CNY 55.80
BRILLIANCE AUTO GROUP HOL 5.80 03/20/24 CNY 54.80
CEFC SHANGHAI INTERNATION 4.98 12/10/20 CNY 61.29
CEFC SHANGHAI INTERNATION 4.08 09/09/21 CNY 60.00
CHANG DE DING LI INDUSTRY 6.10 07/20/24 CNY 40.23
CHANG DE DING LI INDUSTRY 6.10 07/20/24 CNY 40.09
CHANG DE DING LI INDUSTRY 4.30 03/10/23 CNY 20.00
CHANG DE DING LI INDUSTRY 4.30 03/10/23 CNY 19.96
CHANGDE DE YUAN SHANTY TO 5.33 09/13/23 CNY 9.81
CHANGDE DINGCHENG JIANGNA 7.58 10/19/25 CNY 61.24
CHANGDE DINGCHENG JIANGNA 7.58 10/19/25 CNY 60.00
CHANGDE URBAN CONSTRUCTIO 3.59 01/12/23 CNY 20.05
CHANGDE URBAN CONSTRUCTIO 3.59 01/12/23 CNY 20.02
CHANGGE JINCAI PUBLIC ASS 7.10 04/19/24 CNY 39.99
CHANGGE JINCAI PUBLIC ASS 7.10 04/19/24 CNY 39.77
CHANGJI URBAN CONSTRUCTIO 4.24 11/18/23 CNY 19.96
CHANGJI URBAN CONSTRUCTIO 4.24 11/18/23 CNY 19.50
CHANGLE COUNTY NEWTOWN DE 5.18 12/16/22 CNY 20.41
CHANGLE COUNTY NEWTOWN DE 5.18 12/16/22 CNY 19.99
CHANGSHA CHENGBEI INVESTM 6.95 06/06/25 CNY 64.90
CHANGSHA CHENGBEI INVESTM 6.95 06/06/25 CNY 62.22
CHANGSHA CHENGBEI INVESTM 7.00 10/26/25 CNY 60.00
CHANGSHA ECONOMIC & TECHN 4.78 03/03/24 CNY 41.26
CHANGSHA ECONOMIC & TECHN 4.78 03/03/24 CNY 40.11
CHANGSHA FURONG CITY DEVE 3.88 01/26/23 CNY 24.60
CHANGSHA FURONG CITY DEVE 3.88 01/26/23 CNY 20.00
CHANGSHA JINZHOU NEW CITY 6.60 08/24/24 CNY 40.91
CHANGSHA JINZHOU NEW CITY 6.60 08/24/24 CNY 40.00
CHANGSHA METRO GROUP CO L 4.10 12/21/25 CNY 61.47
CHANGSHA METRO GROUP CO L 4.10 12/21/25 CNY 60.55
CHANGSHA METRO GROUP CO L 5.97 04/03/25 CNY 47.56
CHANGSHA METRO GROUP CO L 5.97 04/03/25 CNY 46.41
CHANGSHA METRO GROUP CO L 5.40 07/14/25 CNY 46.31
CHANGSHA METRO GROUP CO L 5.40 07/14/25 CNY 45.00
CHANGSHA METRO GROUP CO L 6.20 04/23/23 CNY 15.11
CHANGSHA TIANXIN CITY CON 3.43 08/08/23 CNY 20.15
CHANGSHA TIANXIN CITY CON 3.43 08/08/23 CNY 19.84
CHANGSHA WANGYUAN DEVELOP 5.73 07/12/27 CNY 73.11
CHANGSHA WANGYUAN DEVELOP 5.73 07/12/27 CNY 72.15
CHANGSHA YUHUA JINGKAI DE 4.17 09/06/23 CNY 19.94
CHANGSHA YUHUA JINGKAI DE 4.17 09/06/23 CNY 19.92
CHANGSHA YUHUA URBAN CONS 3.80 01/28/23 CNY 20.15
CHANGSHA YUHUA URBAN CONS 3.80 01/28/23 CNY 19.99
CHANGXING SOUTHERN TAIHU 6.50 11/30/25 CNY 61.75
CHANGXING SOUTHERN TAIHU 6.50 11/30/25 CNY 60.00
CHANGZHOU JINTAN COMMUNIC 7.10 12/21/24 CNY 61.00
CHANGZHOU JINTAN COMMUNIC 7.10 12/21/24 CNY 60.00
CHANGZHOU JINTAN COMMUNIC 6.50 11/07/24 CNY 40.67
CHANGZHOU JINTAN COMMUNIC 6.50 11/07/24 CNY 40.00
CHANGZHOU XINGANG ECONOMI 3.42 10/20/23 CNY 19.91
CHANGZHOU XINGANG ECONOMI 3.42 10/20/23 CNY 19.82
CHANGZHOU ZHONGLOU ECONOM 3.64 10/26/23 CNY 19.94
CHANGZHOU ZHONGLOU ECONOM 3.64 10/26/23 CNY 19.85
CHAOHU URBAN TOWN CONSTRU 5.67 05/03/25 CNY 62.60
CHAOHU URBAN TOWN CONSTRU 5.67 05/03/25 CNY 61.20
CHENGDU FINANCIAL CITY IN 5.99 10/23/25 CNY 61.44
CHENGDU FINANCIAL CITY IN 5.99 10/23/25 CNY 60.00
CHENGDU GARDEN WATER CITY 8.00 06/13/25 CNY 60.00
CHENGDU GARDEN WATER CITY 8.00 06/13/25 CNY 59.19
CHENGDU GARDEN WATER CITY 7.50 09/11/24 CNY 39.73
CHENGDU GARDEN WATER CITY 7.50 09/11/24 CNY 39.47
CHENGDU GARDEN WATER CITY 6.15 05/03/23 CNY 19.95
CHENGDU GARDEN WATER CITY 6.15 05/03/23 CNY 19.84
CHENGDU LIN JIANG GARDEN 7.00 08/27/25 CNY 62.02
CHENGDU LIN JIANG GARDEN 6.75 08/02/24 CNY 39.88
CHENGDU XINGJIN ECOLOGICA 3.65 10/13/23 CNY 19.97
CHENGDU XINGJIN ECOLOGICA 3.65 10/13/23 CNY 19.83
CHENGDU XINGSHU INVESTMEN 6.78 08/21/24 CNY 40.73
CHENGDU XINGSHU INVESTMEN 6.78 08/21/24 CNY 40.00
CHENGDU XINJIN COUNTY IND 7.30 10/23/24 CNY 41.23
CHENGDU XINJIN COUNTY IND 7.30 10/23/24 CNY 40.00
CHENGDU XINJIN COUNTY STA 6.40 07/05/24 CNY 40.59
CHENGDU XINJIN COUNTY STA 6.28 08/03/24 CNY 40.57
CHENGDU XINJIN COUNTY STA 6.28 08/03/24 CNY 40.00
CHENGDU XINJIN COUNTY STA 6.40 07/05/24 CNY 39.55
CHENGDU XINKAIYUAN URBAN 5.29 04/27/23 CNY 20.03
CHENGDU XINKAIYUAN URBAN 5.29 04/27/23 CNY 19.93
CHENZHOU BAIFU INVESTMENT 4.96 03/22/26 CNY 60.00
CHENZHOU BAIFU INVESTMENT 4.96 03/22/26 CNY 55.06
CHENZHOU FUCHENG HIGH TEC 4.73 01/22/23 CNY 20.10
CHENZHOU FUCHENG HIGH TEC 4.73 01/22/23 CNY 20.00
CHENZHOU WENLV INDUSTRY C 5.34 11/28/23 CNY 19.56
CHENZHOU XINTIAN INVESTME 5.38 03/08/26 CNY 58.00
CHENZHOU XINTIAN INVESTME 5.38 03/08/26 CNY 55.22
CHENZHOU XINTIAN INVESTME 6.00 07/26/24 CNY 40.00
CHENZHOU XINTIAN INVESTME 6.00 07/26/24 CNY 38.14
CHIBI LANTIAN URBAN CONST 6.95 11/22/25 CNY 62.30
CHIBI LANTIAN URBAN CONST 6.95 11/22/25 CNY 60.00
CHIBI LANTIAN URBAN CONST 4.38 08/10/23 CNY 20.00
CHIBI LANTIAN URBAN CONST 4.38 08/10/23 CNY 19.94
CHINA COMMUNICATION TECHN 7.00 07/19/20 CNY 5.00
CHINA FORTUNE LAND DEVELO 5.00 05/30/22 CNY 68.15
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 GOVERNMENT INTERNAT 2.50 10/26/51 USD 72.31
CHINA GOVERNMENT INTERNAT 2.50 10/26/51 USD 72.28
CHINA GOVERNMENT INTERNAT 1.00 11/12/39 EUR 72.07
CHINA GOVERNMENT INTERNAT 2.25 10/21/50 USD 68.68
CHINA GOVERNMENT INTERNAT 2.25 10/21/50 USD 68.63
CHINA GRAND AUTOMOTIVE SE 9.13 01/30/24 USD 60.08
CHINA SECURITY CO LTD 4.45 11/11/19 CNY 31.00
CHISHUI CITY CONSTRUCTION 8.50 01/18/26 CNY 72.00
CHONGQIN BAIYAN INVESTMEN 5.75 05/03/23 CNY 20.05
CHONGQIN BAIYAN INVESTMEN 5.75 05/03/23 CNY 20.00
CHONGQIN XINLIANG INVESTM 4.76 08/26/23 CNY 19.89
CHONGQIN XINLIANG INVESTM 4.76 08/26/23 CNY 19.83
CHONGQING BAYUAN CONSTRUC 4.99 08/16/23 CNY 19.82
CHONGQING BISHAN DISTRICT 4.93 03/29/23 CNY 20.08
CHONGQING BISHAN DISTRICT 4.93 03/29/23 CNY 19.99
CHONGQING DAZU YONGSHENG 6.48 07/24/24 CNY 40.65
CHONGQING DAZU YONGSHENG 6.48 07/24/24 CNY 40.65
CHONGQING ECO&TECH DEVELO 3.95 04/13/23 CNY 20.00
CHONGQING ECO&TECH DEVELO 3.95 04/13/23 CNY 19.98
CHONGQING HECHUAN CITY CO 3.95 09/06/23 CNY 19.98
CHONGQING HECHUAN CITY CO 3.95 09/06/23 CNY 19.93
CHONGQING HONGYE INDUSTRY 6.30 08/02/24 CNY 40.59
CHONGQING HONGYE INDUSTRY 6.30 08/02/24 CNY 40.16
CHONGQING HONGYE INDUSTRY 6.45 11/27/24 CNY 40.11
CHONGQING JIANGJIN DISTRI 6.40 09/13/24 CNY 40.64
CHONGQING JIANGJIN DISTRI 6.40 09/13/24 CNY 40.00
CHONGQING JIANGLAI INDUST 7.50 10/26/25 CNY 63.30
CHONGQING JIANGLAI INDUST 7.50 10/26/25 CNY 60.00
CHONGQING JIN TONG INDUST 6.50 08/01/24 CNY 40.69
CHONGQING JIN TONG INDUST 4.44 11/16/23 CNY 19.92
CHONGQING JIN TONG INDUST 4.44 11/16/23 CNY 18.94
CHONGQING JINYUN ASSET MA 4.50 12/31/22 CNY 20.09
CHONGQING JINYUN ASSET MA 4.50 12/31/22 CNY 20.01
CHONGQING KAIQIAN INVESTM 4.64 03/21/23 CNY 19.99
CHONGQING KAIQIAN INVESTM 4.64 03/21/23 CNY 19.97
CHONGQING LAND PROPERTIES 3.36 03/21/23 CNY 19.95
CHONGQING LAND PROPERTIES 3.36 03/21/23 CNY 19.95
CHONGQING LIANGJIANG NEW 4.28 02/28/24 CNY 71.40
CHONGQING LIANGJIANG NEW 4.28 02/28/24 CNY 70.54
CHONGQING LIANGSHAN CONST 6.30 10/16/24 CNY 40.76
CHONGQING LIANGSHAN CONST 6.30 10/16/24 CNY 40.76
CHONGQING MAIRUI URBAN CO 4.95 04/21/23 CNY 20.04
CHONGQING MAIRUI URBAN CO 4.95 04/21/23 CNY 20.03
CHONGQING NANCHUAN CITY C 4.20 07/11/23 CNY 19.96
CHONGQING NANCHUAN CITY C 4.20 07/11/23 CNY 19.92
CHONGQING QIJIANG EAST NE 4.00 09/05/23 CNY 19.87
CHONGQING QIJIANG EAST NE 4.00 09/05/23 CNY 19.76
CHONGQING SHUANGFU CONSTR 6.37 10/13/24 CNY 40.09
CHONGQING SHUANGFU CONSTR 6.37 10/13/24 CNY 40.00
CHONGQING TONGLIANG JINLO 6.80 02/11/25 CNY 61.21
CHONGQING TONGLIANG JINLO 6.80 02/11/25 CNY 60.00
CHONGQING TONGNAN DISTRIC 4.99 12/31/22 CNY 19.99
CHONGQING TONGNAN DISTRIC 4.99 12/31/22 CNY 19.66
CHONGQING WANSHENG ECO & 7.50 03/27/25 CNY 62.13
CHONGQING WANSHENG ECO & 7.50 03/27/25 CNY 62.00
CHONGQING WANSHENG ECO & 7.09 05/03/25 CNY 61.78
CHONGQING WANSHENG ECO & 7.09 05/03/25 CNY 61.12
CHONGQING WANSHENG ECO DE 6.60 02/17/27 CNY 71.43
CHONGQING WULONG DISTRICT 6.80 12/28/24 CNY 60.00
CHONGQING WULONG DISTRICT 6.80 12/28/24 CNY 59.68
CHONGQING WULONG DISTRICT 6.80 09/21/24 CNY 40.94
CHONGQING WULONG DISTRICT 6.80 09/21/24 CNY 40.00
CHONGQING XINGRONG HOLDIN 4.86 03/31/23 CNY 20.00
CHONGQING XINGRONG HOLDIN 4.86 03/31/23 CNY 18.50
CHONGQING YINGDI INDUSTRI 7.00 11/07/24 CNY 40.31
CHONGQING YINGDI INDUSTRI 7.00 11/07/24 CNY 40.00
CHONGQING YUDIAN STATE-OW 8.00 11/30/25 CNY 63.05
CHONGQING YUZHONG STATE-O 6.90 02/08/25 CNY 61.64
CHONGQING YUZHONG STATE-O 6.90 02/08/25 CNY 61.00
CHONGREN URBAN CONSTRUCTI 7.00 03/08/25 CNY 61.54
CHUN'AN XINANJIANG DEVELO 3.84 11/04/23 CNY 20.02
CHUN'AN XINANJIANG DEVELO 3.84 11/04/23 CNY 19.83
CHUYING AGRO-PASTORA GROU 8.80 06/26/19 CNY 20.00
CHUZHOU CITY NANQIAO DIST 5.95 10/23/24 CNY 40.77
CHUZHOU CITY NANQIAO DIST 5.95 10/23/24 CNY 40.00
CIFI GROUP CO LTD 3.80 05/29/25 CNY 65.50
CIFI GROUP CO LTD 3.90 09/14/25 CNY 57.50
CIFI GROUP CO LTD 4.75 03/14/26 CNY 50.07
CIFI GROUP CO LTD 4.40 03/12/26 CNY 47.00
CIFI GROUP CO LTD 4.20 07/22/26 CNY 45.50
CIFI GROUP CO LTD 4.50 05/29/25 CNY 41.02
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 40.18
CIXI STATE OWNED ASSET IN 4.90 04/07/24 CNY 40.16
COUNTRY GARDEN REAL ESTAT 4.98 11/20/23 CNY 80.00
COUNTRY GARDEN REAL ESTAT 4.80 03/12/26 CNY 73.20
COUNTRY GARDEN REAL ESTAT 4.80 06/15/26 CNY 71.32
COUNTRY GARDEN REAL ESTAT 4.50 05/24/25 CNY 60.84
DAFANG COUNTY CONSTRUCTIO 6.00 09/26/23 CNY 20.23
DAFANG COUNTY CONSTRUCTIO 6.00 09/26/23 CNY 19.48
DALI HAIDONG DEVELOPMENT 6.01 01/25/23 CNY 20.04
DALI HAIDONG DEVELOPMENT 6.01 01/25/23 CNY 19.55
DALIAN SHITAI CITY CONSTR 4.50 02/01/23 CNY 20.00
DALIAN SHITAI CITY CONSTR 4.50 02/01/23 CNY 19.75
DANGTU COUNTY CONSTRUCTIO 7.47 09/06/25 CNY 62.85
DANGTU COUNTY CONSTRUCTIO 7.47 09/06/25 CNY 60.00
DANGYANG XINYUAN INVESTME 4.97 03/29/23 CNY 20.04
DANGYANG XINYUAN INVESTME 4.97 03/29/23 CNY 19.95
DANYANG INVESTMENT GROUP 5.49 07/18/24 CNY 40.53
DANYANG INVESTMENT GROUP 3.99 01/25/23 CNY 19.99
DASHIQIAO URBAN CONSTRUCT 7.59 08/14/24 CNY 41.16
DASHIQIAO URBAN CONSTRUCT 7.59 08/14/24 CNY 41.16
DAWA COUNTY LINGANG ECO N 5.99 10/19/24 CNY 40.55
DAYE ZHENHENG CITY DEVELO 7.20 12/03/25 CNY 67.51
DAYE ZHENHENG CITY DEVELO 7.20 12/03/25 CNY 62.59
DAYE ZHENHENG CITY DEVELO 4.50 03/28/23 CNY 19.83
DAYE ZHENHENG CITY DEVELO 4.50 03/28/23 CNY 19.77
DAYE ZHENHENG CITY DEVELO 4.05 08/31/23 CNY 19.50
DAYE ZHENHENG CITY DEVELO 4.05 08/31/23 CNY 19.42
DAZHOU INVESTMENT CO LTD 6.50 04/07/27 CNY 73.13
DAZHOU INVESTMENT CO LTD 6.50 04/07/27 CNY 72.10
DAZHOU INVESTMENT CO LTD 3.99 11/04/26 CNY 59.49
DAZHOU INVESTMENT CO LTD 3.99 11/04/26 CNY 59.20
DEQING CONSTRUCTION INVES 3.60 11/11/23 CNY 19.83
DEXING INVESTMENT HOLDING 5.99 03/21/23 CNY 25.90
DEXING INVESTMENT HOLDING 5.99 03/21/23 CNY 20.04
DINGYUAN URBAN RURAL DEVE 7.00 06/27/25 CNY 62.29
DINGYUAN URBAN RURAL DEVE 7.00 06/27/25 CNY 60.00
DINGYUAN URBAN RURAL DEVE 5.80 12/06/24 CNY 40.80
DINGYUAN URBAN RURAL DEVE 5.80 12/06/24 CNY 40.00
DONGTAI STATE-OWNED ASSET 3.04 11/16/23 CNY 20.03
DONGZHI COUNTY CITY OPERA 4.88 06/20/23 CNY 20.04
DONGZHI COUNTY CITY OPERA 4.88 06/20/23 CNY 19.98
DUJIANGYAN NEW CITY CONST 7.80 10/11/25 CNY 62.97
DUJIANGYAN NEW CITY CONST 7.80 05/02/25 CNY 62.25
DUJIANGYAN NEW CITY CONST 7.80 05/02/25 CNY 60.00
DUJIANGYAN NEW CITY CONST 7.80 10/11/25 CNY 57.50
DUJIANGYAN NEW CITY CONST 6.90 10/19/24 CNY 41.03
DUNYUN STATE-OWNED ASSETS 6.60 12/28/22 CNY 19.92
ENSHI URBAN CONSTRUCTION 3.84 11/01/23 CNY 19.74
ENSHI URBAN CONSTRUCTION 3.84 11/01/23 CNY 19.73
EVERGRANDE REAL ESTATE GR 5.80 10/19/25 CNY 70.00
EVERGRANDE REAL ESTATE GR 6.80 05/06/24 CNY 35.69
EVERGRANDE REAL ESTATE GR 5.90 05/26/23 CNY 35.00
EVERGRANDE REAL ESTATE GR 6.27 05/06/23 CNY 30.00
EVERGRANDE REAL ESTATE GR 7.00 04/27/26 CNY 27.68
EVERGRANDE REAL ESTATE GR 6.98 01/08/23 CNY 27.00
EVERGRANDE REAL ESTATE GR 6.98 01/08/23 CNY 8.38
EZHOU CITY CONSTRUCTION I 6.10 07/27/27 CNY 71.29
FANGCHENG GANGSHI WENLV G 7.95 10/11/25 CNY 62.43
FANGCHENG GANGSHI WENLV G 7.95 10/11/25 CNY 60.00
FANTASIA GROUP CHINA CO L 7.50 12/17/23 CNY 74.00
FANTASIA GROUP CHINA CO L 7.80 11/29/24 CNY 44.83
FEICHENG CITY ASSETS MANA 4.04 03/23/23 CNY 19.95
FEICHENG CITY ASSETS MANA 4.04 03/23/23 CNY 19.95
FEIXI COUNTY URBAN & RURA 4.45 06/03/23 CNY 27.50
FEIXI COUNTY URBAN & RURA 4.45 06/03/23 CNY 20.11
FENG COUNTY ECONOMIC DEVE 5.18 06/21/23 CNY 20.03
FENG COUNTY ECONOMIC DEVE 5.18 06/21/23 CNY 19.77
FENGCHENG CITY MODERN IND 5.76 12/17/22 CNY 20.00
FENGCHENG CITY MODERN IND 5.76 12/17/22 CNY 19.99
FENGDU COUNTY STATE-OWNED 6.38 09/05/24 CNY 40.36
FENGDU COUNTY STATE-OWNED 6.38 09/05/24 CNY 40.00
FENGHUANG MINGCHENG CONST 6.50 03/23/24 CNY 40.45
FENGTAI HUAXING CITY DEVE 5.60 03/13/24 CNY 40.35
FENGTAI HUAXING CITY DEVE 5.60 03/13/24 CNY 40.27
FENGYANG COUNTY ECONOMY D 6.00 11/16/24 CNY 42.00
FENGYANG COUNTY ECONOMY D 6.00 11/16/24 CNY 41.10
FENYI CITY CONSTRUCTION I 4.54 08/22/23 CNY 19.92
FENYI CITY CONSTRUCTION I 4.54 08/22/23 CNY 19.88
FUJIAN FUSHENG GROUP CO L 7.90 11/19/21 CNY 60.00
FUJIAN JINJIANG URBAN CON 3.35 08/24/23 CNY 20.05
FUJIAN ZHANGZHOU CITY INV 5.73 10/31/25 CNY 61.84
FUJIAN ZHANGZHOU CITY INV 5.73 10/31/25 CNY 60.00
FUNING URBAN INVESTMENT D 6.00 03/14/24 CNY 41.01
FUNING URBAN INVESTMENT D 6.00 03/14/24 CNY 40.49
FUYANG ANJU INVESTMENT MA 5.48 05/02/23 CNY 60.28
FUZHOU CHANGLE DISTRICT S 4.50 04/11/23 CNY 20.07
FUZHOU CHANGLE DISTRICT S 4.50 04/11/23 CNY 19.98
FUZHOU DEVELOPMENT ZONE S 3.53 08/25/23 CNY 19.90
FUZHOU DEVELOPMENT ZONE S 3.53 08/25/23 CNY 19.90
FUZHOU DONGXIANG INVESTME 6.20 03/20/24 CNY 40.52
FUZHOU DONGXIANG INVESTME 6.20 03/20/24 CNY 40.20
FUZHOU LINCHUAN URBAN CON 6.50 12/25/24 CNY 60.75
FUZHOU LINCHUAN URBAN CON 5.68 07/05/23 CNY 20.05
FUZHOU LINCHUAN URBAN CON 5.68 07/05/23 CNY 20.02
FUZHOU MUNICIPAL STATE OW 5.70 10/30/24 CNY 41.12
FUZHOU MUNICIPAL STATE OW 5.70 10/30/24 CNY 40.00
GANSU PROVINCIAL HIGHWAY 6.20 03/28/23 CNY 40.24
GANZHOU DEVELOPMENT INVES 8.10 12/11/23 CNY 40.94
GANZHOU NANKANG DISTRICT 8.00 10/29/25 CNY 63.30
GANZHOU NANKANG DISTRICT 8.00 09/27/25 CNY 60.24
GANZHOU NANKANG DISTRICT 8.00 10/29/25 CNY 60.00
GANZHOU NANKANG DISTRICT 8.00 09/27/25 CNY 60.00
GANZHOU ZHANGGONG CONSTRU 7.80 10/16/25 CNY 62.68
GANZHOU ZHANGGONG CONSTRU 7.80 10/16/25 CNY 61.60
GAOMI CITY CONSTRUCTION I 5.95 09/18/24 CNY 40.00
GAOMI CITY CONSTRUCTION I 5.95 09/18/24 CNY 39.10
GAOMI STATE-OWNED ASSETS 4.69 01/26/23 CNY 19.99
GAOMI STATE-OWNED ASSETS 4.69 01/26/23 CNY 19.89
GAOQING LU QING ASSET MAN 7.50 09/27/24 CNY 41.55
GAOQING LU QING ASSET MAN 7.50 09/27/24 CNY 39.97
GAOYOU CITY ECONOMY DEVEL 5.26 07/13/24 CNY 40.46
GAOYOU CITY ECONOMY DEVEL 3.65 09/02/23 CNY 20.00
GAOYOU CITY ECONOMY DEVEL 3.65 09/02/23 CNY 19.92
GLP CHINA HOLDINGS LTD 4.00 07/02/24 CNY 75.00
GLP CHINA HOLDINGS LTD 2.95 03/29/26 USD 71.00
GOME APPLIANCE CO LTD 7.80 12/21/24 CNY 37.00
GONG'AN COUNTY CITY CONST 4.30 08/30/23 CNY 19.92
GONG'AN COUNTY CITY CONST 4.30 08/30/23 CNY 19.85
GONGQINGCHENG FINANCIAL M 5.85 03/25/23 CNY 20.06
GONGQINGCHENG FINANCIAL M 5.85 03/25/23 CNY 20.05
GUANGAN ECONOMIC & TECHNO 5.16 04/14/23 CNY 20.01
GUANGAN ECONOMIC & TECHNO 5.16 04/14/23 CNY 19.97
GUANGAN TRANSPORTATION IN 5.39 12/01/23 CNY 20.10
GUANGAN XINHONG INVESTMEN 7.18 08/28/24 CNY 40.82
GUANGDE CITY STATE-OWNED 5.37 07/18/24 CNY 40.90
GUANGDE CITY STATE-OWNED 5.37 07/18/24 CNY 40.42
GUANGDONG HUIZHOU COMMUNI 4.95 12/27/23 CNY 40.38
GUANGDONG HUIZHOU COMMUNI 4.95 12/27/23 CNY 40.03
GUANGDONG HUIZHOU COMMUNI 4.16 05/17/23 CNY 20.06
GUANGDONG HUIZHOU COMMUNI 4.16 05/17/23 CNY 19.95
GUANGSHUI CITY DEVELOPMEN 6.19 03/01/24 CNY 40.45
GUANGSHUI CITY DEVELOPMEN 6.19 03/01/24 CNY 40.44
GUANGXI BAISE BAI DONG IN 7.90 06/29/25 CNY 62.56
GUANGXI BAISE BAI DONG IN 7.90 06/29/25 CNY 60.00
GUANGXI CHONGZUO URBAN CO 8.50 09/26/25 CNY 62.02
GUANGXI CHONGZUO URBAN CO 8.50 09/26/25 CNY 60.00
GUANGXI LIUZHOU DONGCHENG 6.50 07/24/24 CNY 46.23
GUANGXI LIUZHOU INVESTMEN 4.28 03/08/23 CNY 19.48
GUANGXI NINGMING HUINING 8.50 12/07/25 CNY 80.81
GUANGXI TIANDONG COUNTY L 7.50 06/04/27 CNY 50.00
GUANGYUAN CITY DEVELOPMEN 7.50 10/25/27 CNY 57.10
GUANGYUAN YUANQU CONSTRUC 4.48 03/10/23 CNY 19.98
GUANGYUAN YUANQU CONSTRUC 4.48 03/10/23 CNY 19.94
GUANGZHOU FINELAND REAL E 13.60 07/27/23 USD 45.00
GUANGZHOU HEJING HOLDING 6.19 11/12/25 CNY 75.00
GUANGZHOU HEJING HOLDING 6.00 10/12/25 CNY 58.00
GUANGZHOU HUANTOU NANSHA 6.38 11/18/24 CNY 30.58
GUANGZHOU HUANTOU NANSHA 6.38 11/18/24 CNY 30.35
GUANGZHOU METRO GROUP CO 6.45 04/02/24 CNY 30.65
GUANGZHOU METRO GROUP CO 6.05 06/03/24 CNY 30.45
GUANGZHOU METRO GROUP CO 6.45 04/02/24 CNY 30.00
GUANGZHOU PANYU INFORMATI 4.50 09/08/26 CNY 59.75
GUANGZHOU PANYU INFORMATI 4.50 09/08/26 CNY 59.74
GUANGZHOU R&F PROPERTIES 6.70 04/07/23 CNY 59.06
GUANGZHOU R&F PROPERTIES 6.48 05/09/24 CNY 40.00
GUANGZHOU R&F PROPERTIES 7.00 01/03/23 CNY 28.00
GUANGZHOU TIMES HOLDING G 5.24 05/27/25 CNY 28.60
GUANGZHOU TIMES HOLDING G 5.10 03/30/25 CNY 28.20
GUANGZHOU TIMES HOLDING G 5.94 07/17/25 CNY 28.20
GUANGZHOU TIMES HOLDING G 5.00 02/24/25 CNY 28.10
GUCHENG CONSTRUCTION INVE 7.88 04/27/25 CNY 62.39
GUCHENG CONSTRUCTION INVE 7.88 04/27/25 CNY 60.00
GUIXI STATE OWNED HOLDING 4.18 08/18/23 CNY 19.99
GUIXI STATE OWNED HOLDING 4.18 08/18/23 CNY 19.85
GUIYANG BAIYUN INDUSTRY D 8.30 03/21/25 CNY 60.86
GUIYANG BAIYUN INDUSTRY D 8.30 03/21/25 CNY 60.00
GUIYANG BAIYUN URBAN CONS 4.75 09/13/26 CNY 59.75
GUIYANG BAIYUN URBAN CONS 4.75 09/13/26 CNY 56.65
GUIYANG BAIYUN URBAN CONS 7.28 09/25/24 CNY 40.07
GUIYANG BAIYUN URBAN CONS 7.28 09/25/24 CNY 40.00
GUIYANG BAIYUN URBAN CONS 6.48 07/17/24 CNY 40.00
GUIYANG BAIYUN URBAN CONS 6.48 07/17/24 CNY 38.30
GUIYANG CITY CONSTRUCTION 4.37 03/25/26 CNY 57.48
GUIYANG CITY CONSTRUCTION 4.37 03/25/26 CNY 56.91
GUIYANG CITY CONSTRUCTION 4.00 11/14/26 CNY 55.41
GUIYANG CITY CONSTRUCTION 4.00 11/14/26 CNY 55.40
GUIYANG ECONOMIC DEVELOPM 7.50 04/30/26 CNY 70.40
GUIYANG ECONOMIC DEVELOPM 7.90 10/29/25 CNY 63.19
GUIYANG ECONOMIC DEVELOPM 6.35 09/21/24 CNY 38.07
GUIYANG GUANSHANHU DISTRI 6.49 06/22/24 CNY 40.60
GUIYANG GUANSHANHU DISTRI 6.49 06/22/24 CNY 38.25
GUIYANG GUANSHANHU DISTRI 4.48 03/09/23 CNY 19.98
GUIYANG GUANSHANHU DISTRI 4.87 01/28/23 CNY 19.92
GUIYANG GUANSHANHU DISTRI 4.87 01/28/23 CNY 19.90
GUIYANG GUANSHANHU DISTRI 4.48 03/09/23 CNY 19.80
GUIYANG GUANSHANHU INVEST 8.20 04/30/24 CNY 72.15
GUIYANG GUANSHANHU INVEST 7.50 12/25/22 CNY 40.03
GUIYANG INVESTMENT HOLDIN 4.46 11/17/26 CNY 55.96
GUIYANG INVESTMENT HOLDIN 4.46 11/17/26 CNY 54.19
GUIYANG URBAN CONSTRUCTIO 5.98 07/21/24 CNY 40.16
GUIYANG URBAN CONSTRUCTIO 5.98 07/21/24 CNY 40.00
GUIYANG YUNYAN GUIZHONG R 6.80 11/17/24 CNY 41.04
GUIYANG YUNYAN GUIZHONG R 6.80 11/17/24 CNY 40.00
GUIZHOU EAST LAKE CITY CO 8.00 12/07/25 CNY 63.47
GUIZHOU EAST LAKE CITY CO 8.00 12/07/25 CNY 54.26
GUIZHOU EAST LAKE CITY CO 5.18 01/06/23 CNY 19.96
GUIZHOU HONGCAI INVESTMEN 6.00 06/07/23 CNY 10.05
GUIZHOU HONGCAI INVESTMEN 6.00 06/07/23 CNY 9.64
GUIZHOU HONGGUO ECONOMIC 7.80 02/08/25 CNY 60.05
GUIZHOU HONGGUO ECONOMIC 7.80 02/08/25 CNY 53.00
GUIZHOU HONGGUO ECONOMIC 7.80 11/24/24 CNY 40.37
GUIZHOU HONGGUO ECONOMIC 7.80 11/24/24 CNY 30.00
GUIZHOU KAILI KAIYUAN CIT 7.28 08/29/24 CNY 41.09
GUIZHOU KAILI KAIYUAN CIT 7.30 05/26/24 CNY 40.85
GUIZHOU KAILI KAIYUAN CIT 7.30 05/26/24 CNY 39.95
GUIZHOU KAILI KAIYUAN CIT 7.28 08/29/24 CNY 36.20
GUIZHOU LIUPANSHUI PANDEN 7.30 07/24/24 CNY 41.07
GUIZHOU LIUPANSHUI PANDEN 7.30 07/24/24 CNY 36.01
GUIZHOU RAILWAY INVESTMEN 7.50 04/23/24 CNY 30.56
GUIZHOU SHUICHENG CITY IN 4.98 11/22/23 CNY 20.01
GUIZHOU SHUICHENG CITY IN 4.98 11/22/23 CNY 19.04
GUIZHOU SHUICHENG ECONOMI 7.50 10/26/25 CNY 62.78
GUIZHOU SHUICHENG ECONOMI 7.50 10/26/25 CNY 19.50
GUIZHOU SHUICHENG WATER I 8.00 11/27/25 CNY 52.62
GUIZHOU SHUICHENG WATER I 8.00 11/27/25 CNY 49.01
GUIZHOU XINDONGGUAN CIVIL 7.70 09/05/24 CNY 41.29
GUIZHOU ZHONGSHAN DEVELOP 6.46 11/22/27 CNY 73.13
GUIZHOU ZHONGSHAN DEVELOP 6.46 11/22/27 CNY 70.00
GULIN STATE-OWNED ASSETS 5.96 07/24/24 CNY 44.51
GULIN STATE-OWNED ASSETS 5.96 07/24/24 CNY 40.55
GULIN STATE-OWNED ASSETS 4.18 08/04/23 CNY 19.92
GULIN STATE-OWNED ASSETS 4.18 08/04/23 CNY 19.64
GUOSHENG FINANCIAL HOLDIN 6.30 12/21/22 CNY 6.70
HAIAN DEVELOPMENT ZONE CO 4.47 11/16/23 CNY 20.02
HAIAN DEVELOPMENT ZONE CO 4.47 11/16/23 CNY 19.96
HAIAN ECONOMIC TECHNOLOGY 5.45 04/13/23 CNY 20.09
HAIAN ECONOMIC TECHNOLOGY 5.45 04/13/23 CNY 20.04
HAIAN URBAN DEMOLITION & 7.74 05/02/25 CNY 61.54
HAIKOU MEILAN INTERNATION 5.25 09/06/19 USD 16.14
HAINAN AIRLINES HOLDING C 6.20 05/24/21 CNY 51.00
HAINING CITY DEVELOPMENT 5.47 11/13/25 CNY 61.47
HAINING CITY DEVELOPMENT 5.47 11/13/25 CNY 60.00
HAINING CITY JIANSHAN DIS 6.98 09/10/25 CNY 65.00
HAINING CITY JIANSHAN DIS 6.98 09/10/25 CNY 63.11
HAINING CITY JIANSHAN DIS 6.15 11/15/25 CNY 60.15
HAINING CITY JIANSHAN DIS 6.15 11/15/25 CNY 60.00
HAIYAN COUNTY STATE-OWNED 5.80 06/12/24 CNY 40.65
HAMI JIANHUI STATE-OWNED- 3.90 09/21/23 CNY 19.76
HANCHENG CITY INVESTMENT 4.69 12/05/23 CNY 19.96
HANCHENG CITY INVESTMENT 4.69 12/05/23 CNY 19.89
HANCHUAN CITY HANRONG INV 4.25 07/18/23 CNY 19.93
HANCHUAN CITY HANRONG INV 4.25 07/18/23 CNY 19.83
HANGZHOU CANAL COMPREHENS 3.40 10/17/23 CNY 20.03
HANGZHOU CANAL COMPREHENS 3.40 10/17/23 CNY 19.94
HANGZHOU FUYANG DEVELOPME 4.76 01/27/23 CNY 20.05
HANGZHOU FUYANG DEVELOPME 4.76 01/27/23 CNY 20.04
HANGZHOU GONGSHU DISTRICT 3.80 03/14/23 CNY 19.99
HANGZHOU GONGSHU DISTRICT 3.80 03/14/23 CNY 19.97
HANGZHOU LIANGZHU CULTURA 6.30 08/23/25 CNY 62.00
HANGZHOU LIANGZHU CULTURA 6.30 08/23/25 CNY 61.98
HANGZHOU LINPING TOURISM 5.57 10/31/25 CNY 61.25
HANGZHOU LINPING TOURISM 5.57 10/31/25 CNY 61.24
HANGZHOU METRO GROUP CO L 5.97 09/17/24 CNY 30.89
HANGZHOU QIANJIANG CBD IN 5.64 03/19/25 CNY 62.56
HANGZHOU QIANJIANG CBD IN 5.64 03/19/25 CNY 61.33
HANGZHOU WEST LAKE INVEST 4.30 04/25/23 CNY 20.03
HANGZHOU WEST LAKE INVEST 4.30 04/25/23 CNY 20.00
HANGZHOU XIAOSHAN QIANJIA 4.00 03/22/23 CNY 20.02
HANGZHOU XIAOSHAN QIANJIA 4.00 03/22/23 CNY 19.99
HANJIANG STATE-OWNED-ASSE 5.40 04/21/24 CNY 40.79
HANJIANG STATE-OWNED-ASSE 5.40 04/21/24 CNY 40.50
HANSHAN CITY CONSTRUCTION 6.20 08/30/24 CNY 40.66
HANSHAN CITY CONSTRUCTION 6.20 08/30/24 CNY 40.00
HARBIN CITY CONSTRUCTION 6.04 03/19/25 CNY 60.88
HARBIN CITY CONSTRUCTION 6.04 03/19/25 CNY 60.00
HARBIN HELI INVESTMENT HO 5.49 12/10/25 CNY 61.15
HECHI STATE-OWNED CAPITAL 4.37 11/04/23 CNY 19.98
HECHI STATE-OWNED CAPITAL 4.37 11/04/23 CNY 19.98
HEFEI CONSTRUCTION INVEST 7.20 04/29/24 CNY 31.20
HEFEI CONSTRUCTION INVEST 7.20 04/29/24 CNY 30.87
HEFEI XINCHENG STATE-OWNE 4.13 07/15/23 CNY 20.01
HEFEI XINCHENG STATE-OWNE 4.13 07/15/23 CNY 19.93
HEGANG URBAN CONSTRUCTION 6.90 12/18/24 CNY 61.20
HEGANG URBAN CONSTRUCTION 6.90 12/18/24 CNY 61.19
HENAN AIRPORT INVESTMENT 4.27 07/20/26 CNY 39.98
HENAN AIRPORT INVESTMENT 4.27 07/20/26 CNY 39.96
HENGDONG URBAN & RURAL CO 6.60 12/27/23 CNY 40.33
HENGDONG URBAN & RURAL CO 6.60 12/27/23 CNY 40.19
HENGYANG BINJIANG NEW DIS 5.47 07/27/24 CNY 41.22
HENGYANG BINJIANG NEW DIS 5.47 07/27/24 CNY 40.68
HENGYANG CITY AND URBAN C 7.80 12/14/24 CNY 60.17
HENGYANG CITY AND URBAN C 7.80 12/14/24 CNY 60.16
HENGYANG CITY AND URBAN C 7.50 09/22/24 CNY 40.02
HENGYANG CITY AND URBAN C 7.50 09/22/24 CNY 40.01
HENGYANG COMMUNICATION CO 6.98 02/02/23 CNY 50.21
HENGYANG COMMUNICATION CO 4.28 01/21/23 CNY 20.01
HENGYANG COMMUNICATION CO 4.28 01/21/23 CNY 20.00
HESHAN PUBLIC ASSET MANAG 5.08 12/07/23 CNY 40.31
HESHAN PUBLIC ASSET MANAG 5.08 12/07/23 CNY 20.08
HESHAN PUBLIC ASSET MANAG 4.08 09/28/23 CNY 20.08
HESHAN PUBLIC ASSET MANAG 4.08 09/28/23 CNY 19.88
HETIAN YUXIN STATE-OWNED 4.65 03/28/23 CNY 19.99
HETIAN YUXIN STATE-OWNED 4.65 03/28/23 CNY 19.97
HONGAN URBAN DEVELOPMENT 7.50 12/04/24 CNY 62.16
HONGAN URBAN DEVELOPMENT 7.50 12/04/24 CNY 40.00
HONGHEZHOU DEVELOPMENT IN 5.90 07/12/24 CNY 40.53
HONGHEZHOU DEVELOPMENT IN 5.90 07/12/24 CNY 38.30
HONGHU CITY HONGRUI INVES 6.30 10/13/24 CNY 40.94
HONGHU CITY HONGRUI INVES 6.30 10/13/24 CNY 40.93
HUACHEN ENERGY CO LTD 4.65 12/29/26 USD 48.13
HUAIAN CITY HUAIAN DISTRI 4.63 05/03/23 CNY 20.17
HUAIAN CITY HUAIAN DISTRI 4.63 05/03/23 CNY 20.03
HUAIAN CITY XUYI URBAN AS 5.10 04/15/23 CNY 20.01
HUAIAN CITY XUYI URBAN AS 5.10 04/15/23 CNY 19.97
HUAIAN HONGRI TRANSPORTAT 5.09 04/20/23 CNY 20.01
HUAIAN HONGRI TRANSPORTAT 5.09 04/20/23 CNY 19.94
HUAIAN HONGZE DISTRICT UR 4.37 07/18/23 CNY 19.90
HUAIAN HONGZE DISTRICT UR 4.37 07/18/23 CNY 19.83
HUAI'AN INVESTMENT HOLDIN 5.28 08/11/24 CNY 40.33
HUAI'AN INVESTMENT HOLDIN 5.28 08/11/24 CNY 40.00
HUAIAN JINHU TRAFFIC INVE 7.38 08/10/25 CNY 72.00
HUAIAN JINHU TRAFFIC INVE 7.38 08/10/25 CNY 62.37
HUAI'AN NEW CITY INVESTME 5.22 09/20/24 CNY 41.45
HUAI'AN NEW CITY INVESTME 5.22 09/20/24 CNY 40.48
HUAIAN QINGPU CITY CONSTR 6.75 09/29/24 CNY 40.90
HUAIAN QINGPU CITY CONSTR 6.75 09/29/24 CNY 39.55
HUAIHUA CITY CONSTRUCTION 4.18 08/31/23 CNY 19.78
HUAIHUA CITY CONSTRUCTION 4.18 08/31/23 CNY 19.76
HUAIHUA ECONOMIC DEVELOPM 5.77 08/07/24 CNY 40.34
HUAIHUA ECONOMIC DEVELOPM 5.77 08/07/24 CNY 39.99
HUAIHUA TRANSPORTATION CO 4.96 04/12/23 CNY 19.98
HUAIHUA TRANSPORTATION CO 4.96 04/12/23 CNY 19.94
HUAINAN INDUSTRY DEVELOPM 5.69 10/25/24 CNY 41.78
HUAINAN INDUSTRY DEVELOPM 5.69 10/25/24 CNY 40.66
HUAINAN SHAN NAN DEVELOPM 6.53 08/24/24 CNY 40.60
HUAINAN SHAN NAN DEVELOPM 6.53 08/24/24 CNY 40.00
HUAINAN URBAN CONSTRUCTIO 7.50 03/20/25 CNY 62.44
HUAINAN URBAN CONSTRUCTIO 7.50 03/20/25 CNY 60.00
HUAINAN URBAN CONSTRUCTIO 5.74 09/04/24 CNY 40.92
HUAINAN URBAN CONSTRUCTIO 5.74 09/04/24 CNY 40.68
HUANGGANG CITY CONSTRUCTI 4.08 01/18/23 CNY 20.18
HUANGGANG CITY CONSTRUCTI 4.08 01/18/23 CNY 20.03
HUANGMEI COUNTY URBAN DEV 6.68 10/18/24 CNY 40.55
HUANGMEI COUNTY URBAN DEV 6.80 10/09/24 CNY 40.06
HUANGMEI COUNTY URBAN DEV 6.68 10/18/24 CNY 40.00
HUANGMEI COUNTY URBAN DEV 6.80 10/09/24 CNY 40.00
HUANGSHAN CHENGTOU GROUP 6.74 04/27/25 CNY 61.68
HUANGSHAN CHENGTOU GROUP 6.74 04/27/25 CNY 60.00
HUANGSHI CIHU HIGH-TECH D 4.50 06/08/23 CNY 23.00
HUANGSHI CIHU HIGH-TECH D 4.97 06/08/23 CNY 20.01
HUANGSHI CIHU HIGH-TECH D 4.50 06/08/23 CNY 19.96
HUANGSHI CIHU HIGH-TECH D 4.97 06/08/23 CNY 19.94
HUANGSHI ZHONGBANG CITY R 5.95 06/02/24 CNY 41.67
HUANGSHI ZHONGBANG CITY R 5.95 06/02/24 CNY 40.43
HUBEI PROVINCIAL COMMUNIC 5.29 06/05/25 CNY 60.81
HUBEI SONGZI JINSONG INVE 6.60 06/21/24 CNY 40.64
HUBEI SONGZI JINSONG INVE 6.60 06/21/24 CNY 40.63
HUBEI SUPPLY AND MARKETIN 6.70 08/23/24 CNY 40.80
HUBEI SUPPLY AND MARKETIN 6.70 08/23/24 CNY 39.88
HUBEI YILING ECONOMIC DEV 6.45 09/05/24 CNY 40.37
HUBEI YILING ECONOMIC DEV 6.45 09/05/24 CNY 40.00
HULUDAO INVESTMENT GROUP 7.50 10/18/23 CNY 15.24
HULUDAO INVESTMENT GROUP 7.50 10/18/23 CNY 15.19
HUNAN CHUZHISHENG HOLDING 5.60 12/18/22 CNY 20.00
HUNAN CHUZHISHENG HOLDING 5.60 12/18/22 CNY 20.00
HUNAN DESHAN CONSTRUCTION 6.46 09/14/24 CNY 40.73
HUNAN DESHAN CONSTRUCTION 6.46 09/14/24 CNY 39.56
HUNAN JINYANG INVESTMENT 4.39 04/06/23 CNY 20.02
HUNAN JINYANG INVESTMENT 4.37 01/19/23 CNY 20.01
HUNAN JINYANG INVESTMENT 4.37 01/19/23 CNY 19.98
HUNAN JINYANG INVESTMENT 4.39 04/06/23 CNY 19.93
HUNAN LINGANG DEVELOPMENT 4.24 07/21/23 CNY 19.83
HUNAN LINGANG DEVELOPMENT 4.24 07/21/23 CNY 19.80
HUNAN LINGANG DEVELOPMENT 3.94 10/26/23 CNY 19.74
HUNAN LINGANG DEVELOPMENT 3.94 10/26/23 CNY 19.69
HUNAN LOUDI ECONOMIC & TE 4.89 03/30/23 CNY 20.00
HUNAN LOUDI ECONOMIC & TE 4.89 03/30/23 CNY 19.74
HUNAN PROVINCIAL RAILWAY 6.09 04/30/25 CNY 46.49
HUNAN PROVINCIAL RAILWAY 6.09 04/30/25 CNY 45.00
HUNAN SENTE INDUSTRIAL IN 6.90 11/28/24 CNY 41.09
HUNAN SENTE INDUSTRIAL IN 6.90 11/28/24 CNY 20.00
HUNAN SHAODONG ECO-INDUST 6.58 12/13/23 CNY 40.33
HUNAN SHAODONG ECO-INDUST 6.58 12/13/23 CNY 20.30
HUNAN TIANYI RONGTONG CHU 8.00 10/24/25 CNY 64.60
HUNAN TIANYI RONGTONG CHU 8.00 10/24/25 CNY 63.23
HUNAN TIANYI RONGTONG CHU 7.50 09/17/25 CNY 62.54
HUNAN TIANYI RONGTONG CHU 7.50 09/17/25 CNY 60.00
HUNAN TIER GROUP CO LTD 4.20 03/17/23 CNY 19.72
HUNAN TIER GROUP CO LTD 4.20 03/17/23 CNY 19.69
HUNAN YOUZHOU INVESTMENT 4.80 07/07/23 CNY 20.00
HUNAN YOUZHOU INVESTMENT 4.80 07/07/23 CNY 20.00
HUNAN ZHIGU INVESTMENT DE 5.80 07/28/24 CNY 40.34
HUNAN ZHIGU INVESTMENT DE 5.80 07/28/24 CNY 40.00
HUZHOU CITY INVESTMENT DE 6.39 09/25/25 CNY 62.63
HUZHOU NEW CITY INVESTMEN 6.60 05/28/23 CNY 71.11
HUZHOU NEW CITY INVESTMEN 7.20 01/21/23 CNY 71.06
HUZHOU NEW CITY INVESTMEN 7.50 11/23/24 CNY 41.69
HUZHOU NEW CITY INVESTMEN 7.50 11/23/24 CNY 40.50
HUZHOU WUXING NANTAIHU CO 7.90 09/20/25 CNY 61.94
JIAHE ZHUDU DEVELOPMENT G 7.50 03/13/25 CNY 61.28
JIAHE ZHUDU DEVELOPMENT G 7.50 03/13/25 CNY 60.00
JIAHE ZHUDU DEVELOPMENT G 6.50 05/25/24 CNY 40.60
JIAHE ZHUDU DEVELOPMENT G 6.50 05/25/24 CNY 40.40
JIAN CITY JINGANGSHAN DEV 4.87 01/27/23 CNY 20.00
JIAN CITY JINGANGSHAN DEV 4.87 01/27/23 CNY 19.94
JIANAN INVESTMENT HOLDING 3.50 09/05/23 CNY 20.10
JIANAN INVESTMENT HOLDING 3.85 09/05/23 CNY 20.07
JIANAN INVESTMENT HOLDING 4.30 03/08/23 CNY 20.04
JIANAN INVESTMENT HOLDING 4.30 03/08/23 CNY 19.97
JIANAN INVESTMENT HOLDING 3.85 09/05/23 CNY 19.92
JIANAN INVESTMENT HOLDING 3.50 09/05/23 CNY 19.86
JIANDE STATE-OWNED ASSETS 6.69 11/20/24 CNY 41.00
JIANGSU BEIGU INDUSTRIAL 5.80 06/20/23 CNY 20.09
JIANGSU BEIGU INDUSTRIAL 5.80 06/20/23 CNY 20.07
JIANGSU DAHANG LINGANG IN 5.18 09/22/23 CNY 20.06
JIANGSU DAHANG LINGANG IN 5.18 09/22/23 CNY 20.05
JIANGSU GAOCHUN ECONOMIC 5.66 06/26/24 CNY 40.53
JIANGSU GAOCHUN ECONOMIC 6.08 08/14/24 CNY 40.48
JIANGSU GAOCHUN ECONOMIC 5.66 06/26/24 CNY 40.42
JIANGSU GAOCHUN ECONOMIC 6.08 08/14/24 CNY 39.57
JIANGSU GAOCHUN ECONOMIC 3.67 09/23/23 CNY 20.02
JIANGSU GAOCHUN ECONOMIC 3.92 11/23/23 CNY 19.99
JIANGSU GAOCHUN ECONOMIC 3.67 09/23/23 CNY 19.89
JIANGSU GAOCHUN ECONOMIC 3.92 11/23/23 CNY 19.88
JIANGSU HAIYI HOLDING GRO 5.98 09/11/25 CNY 66.48
JIANGSU HAIYI HOLDING GRO 5.98 09/11/25 CNY 61.07
JIANGSU HAIZHOU DEVELOPME 4.67 06/06/23 CNY 19.89
JIANGSU HAIZHOU DEVELOPME 4.67 06/06/23 CNY 19.80
JIANGSU HAIZHOUWAN DEVELO 4.89 03/29/23 CNY 15.00
JIANGSU HANRUI INVESTMENT 4.63 04/15/23 CNY 20.02
JIANGSU HANRUI INVESTMENT 4.63 04/15/23 CNY 20.00
JIANGSU HANRUI INVESTMENT 5.00 08/31/23 CNY 19.88
JIANGSU HANRUI INVESTMENT 5.00 08/31/23 CNY 19.87
JIANGSU HONGZE LAKE SHENZ 6.50 08/01/24 CNY 40.04
JIANGSU JINHUI GROUP CO L 5.16 07/14/24 CNY 41.50
JIANGSU JINHUI GROUP CO L 5.16 07/14/24 CNY 40.54
JIANGSU JINTAN GUOFA INTE 4.60 08/22/23 CNY 19.98
JIANGSU JINTAN GUOFA INTE 4.60 08/22/23 CNY 19.93
JIANGSU KAIYUAN INVESTMEN 7.08 08/03/24 CNY 40.93
JIANGSU KAIYUAN INVESTMEN 7.08 08/03/24 CNY 38.62
JIANGSU LIYANG HIGH-TECH 5.70 08/30/24 CNY 41.60
JIANGSU LIYANG HIGH-TECH 5.70 08/30/24 CNY 40.46
JIANGSU QISHENG GROUP CO 4.00 03/18/23 CNY 19.99
JIANGSU RUNCHENG ASSET OP 5.65 04/19/24 CNY 40.46
JIANGSU YANGKOU PORT CONS 7.60 08/17/25 CNY 62.85
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 7.38 04/03/25 CNY 62.21
JIANGSU YINGZHOU DEVELOPM 4.33 09/21/23 CNY 19.77
JIANGSU YINGZHOU DEVELOPM 4.33 09/21/23 CNY 19.52
JIANGSU YIXING ENVIRONMEN 4.08 09/14/23 CNY 20.02
JIANGSU YIXING ENVIRONMEN 4.08 09/14/23 CNY 19.89
JIANGSU ZHONGAN CONSTRUCT 5.65 03/24/24 CNY 41.70
JIANGSU ZHONGAN CONSTRUCT 5.65 03/24/24 CNY 40.61
JIANGSU ZHUFU INDUSTRIAL 4.47 07/20/23 CNY 19.81
JIANGSU ZHUFU INDUSTRIAL 4.47 07/20/23 CNY 18.41
JIANGXI HEJI INVESTMENT C 5.09 12/17/22 CNY 20.01
JIANGXI HEJI INVESTMENT C 5.09 12/17/22 CNY 19.99
JIANGXI HUANGGANGSHAN INV 7.90 10/08/25 CNY 63.61
JIANGXI HUANGGANGSHAN INV 7.90 10/08/25 CNY 61.63
JIANGXI HUKOU SHIZHONG DE 6.80 12/01/24 CNY 41.12
JIANGXI HUKOU SHIZHONG DE 6.80 12/01/24 CNY 41.05
JIANGXI JIHU DEVELOPMENT 7.50 04/10/25 CNY 61.95
JIANGXI JIHU DEVELOPMENT 6.80 02/07/25 CNY 61.27
JIANGXI JIHU DEVELOPMENT 7.50 04/10/25 CNY 60.00
JIANGXI JIHU DEVELOPMENT 6.80 02/07/25 CNY 60.00
JIANGXI LONGHU MOUNTAIN T 4.35 03/16/23 CNY 19.98
JIANGXI LONGHU MOUNTAIN T 4.35 03/16/23 CNY 19.94
JIANGXI PINGXIANG CHANGSH 6.00 08/11/24 CNY 40.44
JIANGXI PINGXIANG CHANGSH 6.00 08/11/24 CNY 40.00
JIANGXI XIUSHUI CITY INVE 7.40 12/08/24 CNY 60.69
JIANLI FENGYUAN CITY INVE 6.78 04/28/24 CNY 40.60
JIANLI FENGYUAN CITY INVE 6.78 04/28/24 CNY 40.59
JIANYANG DEVELOPMENT HOLD 3.93 11/10/23 CNY 19.72
JIANYANG DEVELOPMENT HOLD 3.93 11/10/23 CNY 19.60
JIANYANG MODERN INDUSTRY 6.00 04/24/24 CNY 40.38
JIANYANG MODERN INDUSTRY 6.00 04/24/24 CNY 40.33
JIAXING JIAXIU DEVELOPMEN 5.60 09/25/24 CNY 41.80
JIAXING JIAXIU DEVELOPMEN 5.60 09/25/24 CNY 40.85
JIAXING XIANGJIADANG DEVE 6.40 04/19/25 CNY 61.41
JIAXING XIANGJIADANG DEVE 6.40 04/19/25 CNY 60.00
JIAXING XIANGJIADANG DEVE 4.13 07/20/23 CNY 20.06
JIAXING XIANGJIADANG DEVE 3.87 09/21/23 CNY 19.97
JIAXING XIANGJIADANG DEVE 4.13 07/20/23 CNY 19.91
JIAXING XIANGJIADANG DEVE 3.87 09/21/23 CNY 19.90
JIAXING XIUHU DEVELOPMENT 6.80 04/16/25 CNY 61.68
JIAXING XIUHU DEVELOPMENT 6.80 04/16/25 CNY 60.00
JIAYU COUNTY URBAN TOWN C 6.50 01/19/24 CNY 40.37
JIAYU COUNTY URBAN TOWN C 5.70 03/23/24 CNY 40.24
JIAYU COUNTY URBAN TOWN C 6.50 01/19/24 CNY 40.11
JIAYU COUNTY URBAN TOWN C 5.70 03/23/24 CNY 39.89
JIAYU COUNTY URBAN TOWN C 5.70 01/19/23 CNY 20.03
JIAYU COUNTY URBAN TOWN C 5.70 01/19/23 CNY 20.01
JILIN CITY CONSTRUCTION H 3.80 01/27/23 CNY 19.98
JILIN ECONOMIC AND TECHNO 6.20 04/29/23 CNY 20.10
JILIN ECONOMIC AND TECHNO 6.20 04/29/23 CNY 20.10
JIN HUA RONG SHENG INVEST 6.85 12/27/24 CNY 61.16
JIN HUA RONG SHENG INVEST 6.85 12/27/24 CNY 60.00
JINGDEZHEN CERAMIC CULTUR 7.50 08/27/25 CNY 62.44
JINGDEZHEN CERAMIC CULTUR 7.50 08/27/25 CNY 61.65
JINGJIANG BINJIANG XINCHE 5.37 07/25/24 CNY 40.41
JINGJIANG BINJIANG XINCHE 5.37 07/25/24 CNY 40.00
JINGMEN DONGBAO DISTRICT 7.30 03/23/25 CNY 62.12
JINGMEN DONGBAO DISTRICT 7.30 03/23/25 CNY 60.00
JINGMEN HIGH-TECH DEVELOP 4.15 07/28/23 CNY 19.85
JINGMEN HIGH-TECH DEVELOP 4.15 07/28/23 CNY 19.85
JINGSHAN JINGCHENG INVEST 7.00 02/07/25 CNY 61.74
JINGSHAN JINGCHENG INVEST 7.00 02/07/25 CNY 60.00
JINGSHAN JINGCHENG INVEST 4.38 08/29/23 CNY 20.01
JINGSHAN JINGCHENG INVEST 4.38 08/29/23 CNY 19.87
JINGXIAN STATED-OWNED ASS 6.80 02/09/25 CNY 60.99
JINGXIAN STATED-OWNED ASS 6.80 02/09/25 CNY 60.00
JINGZHOU DEVELOPMENT ZONE 4.87 09/23/26 CNY 57.98
JINGZHOU DEVELOPMENT ZONE 4.87 09/23/26 CNY 57.62
JINGZHOU URBAN CONSTRUCTI 5.68 07/20/24 CNY 41.70
JINGZHOU URBAN CONSTRUCTI 5.68 07/20/24 CNY 40.48
JINGZHOU URBAN CONSTRUCTI 3.97 03/10/23 CNY 20.03
JINGZHOU URBAN CONSTRUCTI 3.97 03/10/23 CNY 19.97
JINING CITY SHIZHONG DIST 3.52 09/14/23 CNY 19.89
JINING CITY SHIZHONG DIST 3.52 09/14/23 CNY 19.80
JINING HIGH TECH URBAN CO 5.88 04/25/23 CNY 40.27
JINING NEW CITY DEVELOPME 7.60 03/23/25 CNY 60.00
JINING NEW CITY DEVELOPME 7.60 03/23/25 CNY 59.92
JINING PORT & SHIPPING LI 7.00 06/01/25 CNY 67.93
JINING PORT & SHIPPING LI 7.00 11/27/24 CNY 41.17
JINKE PROPERTIES GROUP CO 6.30 02/20/25 CNY 33.00
JINKE PROPERTIES GROUP CO 6.30 06/24/25 CNY 31.00
JINKE PROPERTIES GROUP CO 6.30 03/04/25 CNY 31.00
JINKE PROPERTIES GROUP CO 6.20 01/28/25 CNY 30.50
JINKE PROPERTIES GROUP CO 5.00 05/28/24 CNY 30.00
JINKE PROPERTIES GROUP CO 6.00 07/08/23 CNY 29.10
JINKE PROPERTIES GROUP CO 6.85 05/28/24 USD 17.00
JINSHA COUNTY CONSTRUCTIO 6.01 09/05/23 CNY 20.16
JINSHA COUNTY CONSTRUCTIO 6.01 09/05/23 CNY 19.52
JINTANG MODERN AGRICULTUR 5.49 07/14/23 CNY 20.09
JINTANG MODERN AGRICULTUR 5.49 07/14/23 CNY 20.09
JINXIAN COUNTY CITY CONST 6.20 07/24/24 CNY 40.49
JINZHAI URBAN DEVELOPMENT 5.90 04/25/23 CNY 20.06
JINZHAI URBAN DEVELOPMENT 5.90 04/25/23 CNY 20.06
JINZHOU CIHANG GROUP CO L 9.00 04/05/20 CNY 33.63
JISHOU HUATAI STATE OWNED 6.50 06/21/24 CNY 40.82
JISHOU HUATAI STATE OWNED 6.50 06/21/24 CNY 40.80
JISHOU HUATAI STATE OWNED 6.45 09/11/24 CNY 40.22
JISHOU HUATAI STATE OWNED 6.45 09/11/24 CNY 40.00
JIUJIANG LIANXI DISTRICT 4.58 03/30/23 CNY 20.03
JIUJIANG LIANXI DISTRICT 4.58 03/30/23 CNY 19.98
JUNAN COUNTY URBAN CONSTR 7.50 09/26/24 CNY 41.27
JUNAN COUNTY URBAN CONSTR 7.50 09/26/24 CNY 38.00
JURONG URBAN CONSTRUCTION 6.89 09/18/24 CNY 44.84
JURONG URBAN CONSTRUCTION 6.89 09/18/24 CNY 41.00
JURONG URBAN CONSTRUCTION 6.80 11/06/24 CNY 40.95
JURONG URBAN CONSTRUCTION 6.80 11/06/24 CNY 40.00
KAIDI ECOLOGICAL AND ENVI 8.50 11/21/18 CNY 72.46
KAIDI ECOLOGICAL AND ENVI 7.00 12/15/19 CNY 10.00
KAIDI ECOLOGICAL AND ENVI 6.10 09/07/19 CNY 2.92
KAIFENG DEVELOPMENT INVES 6.10 09/08/27 CNY 72.20
KAIFENG DEVELOPMENT INVES 6.10 09/08/27 CNY 70.00
KAIFU CITY DEVELOPMENT CO 4.20 01/21/23 CNY 20.18
KAIFU CITY DEVELOPMENT CO 4.20 01/21/23 CNY 19.99
KAIFU CITY DEVELOPMENT CO 3.73 08/22/23 CNY 19.94
KAIFU CITY DEVELOPMENT CO 3.73 08/22/23 CNY 19.84
KAILI GUIZHOU TOWN CONSTR 5.29 12/17/22 CNY 20.00
KAILI GUIZHOU TOWN CONSTR 5.29 12/17/22 CNY 19.99
KAILI GUIZHOU TOWN CONSTR 4.20 10/13/23 CNY 19.44
KAILI GUIZHOU TOWN CONSTR 4.20 10/13/23 CNY 18.87
KANGMEI PHARMACEUTICAL CO 6.33 01/27/22 CNY 36.69
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
KUNMING DIANCHI INVESTMEN 5.75 07/24/24 CNY 37.50
KUNMING DIANCHI INVESTMEN 5.75 07/24/24 CNY 35.32
KUNSHAN CITY CONSTRUCTION 5.70 04/24/25 CNY 61.21
KUNSHAN YINQIAO HOLDING G 5.50 10/18/24 CNY 44.10
KUNSHAN YINQIAO HOLDING G 5.50 10/18/24 CNY 41.08
LAI AN URBAN INFRASTRUCTU 6.50 04/18/25 CNY 61.59
LAOHEKOU CITY CONSTRUCTIO 6.49 08/16/24 CNY 40.00
LAOHEKOU CITY CONSTRUCTIO 6.49 08/16/24 CNY 39.83
LEPING STATE-OWNED ASSETS 3.70 10/20/23 CNY 19.99
LEPING STATE-OWNED ASSETS 3.70 10/20/23 CNY 19.86
LEQING CITY STATE OWNED I 6.79 12/14/24 CNY 61.49
LEQING CITY STATE OWNED I 6.79 12/14/24 CNY 60.00
LIANYUNGANG HENGCHI INDUS 7.40 10/27/24 CNY 40.00
LIANYUNGANG HENGCHI INDUS 7.45 09/22/24 CNY 39.70
LIANYUNGANG HENGCHI INDUS 7.45 09/22/24 CNY 39.41
LIANYUNGANG HENGCHI INDUS 7.40 10/27/24 CNY 39.41
LIAOCHENG ANTAI URBAN RUR 5.16 04/11/23 CNY 20.01
LIAOCHENG ANTAI URBAN RUR 4.58 04/11/23 CNY 19.98
LIAOCHENG ANTAI URBAN RUR 4.58 04/11/23 CNY 19.98
LIAOCHENG ANTAI URBAN RUR 5.16 04/11/23 CNY 19.82
LIAOCHENG XINGYE HOLDINGS 5.20 04/13/23 CNY 19.76
LIAOCHENG XINGYE HOLDINGS 5.20 04/13/23 CNY 19.76
LIAONING GUANLONG CONSTRU 4.70 11/10/23 CNY 19.98
LIAONING GUANLONG CONSTRU 4.70 11/10/23 CNY 19.78
LILING HIGH-TECH INDUSTRI 4.93 01/19/23 CNY 19.98
LINFEN YAODU DISTRICT INV 7.50 09/19/25 CNY 63.13
LINQU YISHAN INDUSTRIAL C 7.20 11/23/24 CNY 40.07
LINQU YISHAN INDUSTRIAL C 7.20 11/23/24 CNY 40.00
LINWU SHUNFA URBAN CONSTR 7.00 08/23/24 CNY 40.18
LINWU SHUNFA URBAN CONSTR 7.00 08/23/24 CNY 40.00
LINYI CITY DEVELOPMENT GR 3.85 11/22/23 CNY 20.10
LINYI CITY DEVELOPMENT GR 3.85 11/22/23 CNY 19.83
LINYI COUNTY CITY DEVELOP 7.78 03/21/25 CNY 61.40
LINYI COUNTY CITY DEVELOP 7.78 03/21/25 CNY 60.00
LINYI ZHENDONG CONSTRUCTI 7.50 12/06/25 CNY 62.92
LINYI ZHENDONG CONSTRUCTI 7.50 12/06/25 CNY 60.00
LINYI ZHENDONG CONSTRUCTI 7.50 11/26/25 CNY 60.00
LINYI ZHENDONG CONSTRUCTI 7.50 11/26/25 CNY 59.24
LIUPANSHUI CITY TRAFFIC I 5.98 05/02/24 CNY 39.50
LIUPANSHUI DEVELOPMENT IN 3.74 01/20/23 CNY 20.00
LIUPANSHUI DEVELOPMENT IN 3.74 01/20/23 CNY 19.97
LIUPANSHUI MINSHENG INVES 5.08 01/29/23 CNY 19.76
LIUYANG MODERN MANUFACTUR 5.88 08/10/24 CNY 42.26
LIUYANG MODERN MANUFACTUR 5.88 08/10/24 CNY 40.69
LIUYANG MODERN MANUFACTUR 5.75 05/02/24 CNY 40.50
LIUYANG MODERN MANUFACTUR 5.75 05/02/24 CNY 40.39
LIUYANG MODERN MANUFACTUR 4.72 01/19/23 CNY 19.99
LIUYANG MODERN MANUFACTUR 4.72 01/19/23 CNY 19.98
LIUYANG URBAN CONSTRUCTIO 4.45 05/24/23 CNY 20.11
LIUYANG URBAN CONSTRUCTIO 4.45 05/24/23 CNY 19.97
LIUZHI SPECIAL DISTRICT W 7.00 11/16/24 CNY 41.12
LIUZHI SPECIAL DISTRICT W 7.00 11/16/24 CNY 40.00
LIUZHOU CITY INVESTMENT C 7.18 12/31/22 CNY 15.02
LIUZHOU CITY INVESTMENT C 7.18 12/31/22 CNY 14.90
LIUZHOU DONGTONG INVESTME 4.45 07/22/23 CNY 19.39
LIUZHOU DONGTONG INVESTME 4.45 07/22/23 CNY 19.19
LIUZHOU LONGJIAN INVESTME 7.00 09/21/27 CNY 70.00
LIUZHOU LONGJIAN INVESTME 7.00 09/21/27 CNY 62.96
LIUZHOU LONGJIAN INVESTME 8.28 04/30/24 CNY 29.86
LIUZHOU LONGJIAN INVESTME 8.28 04/30/24 CNY 28.80
LONGCHANG DEVELOPMENT CON 7.09 10/31/24 CNY 40.64
LONGCHANG DEVELOPMENT CON 7.09 10/31/24 CNY 40.00
LONGYAN RAILWAY CONSTRUCT 4.98 04/13/23 CNY 20.00
LONGYAN RAILWAY CONSTRUCT 4.98 04/13/23 CNY 19.99
LOUDI TIDU INVESTMENT DEV 4.83 01/20/23 CNY 20.00
LOUDI TIDU INVESTMENT DEV 4.83 01/20/23 CNY 19.99
LOUDI WANBAO NEW DISTRICT 5.13 02/01/23 CNY 20.00
LOUDI WANBAO NEW DISTRICT 4.42 08/01/23 CNY 19.95
LOUDI WANBAO NEW DISTRICT 4.42 08/01/23 CNY 19.94
LOUDI WANBAO NEW DISTRICT 5.13 02/01/23 CNY 19.94
LU'AN JIN'AN DISTRICT URB 5.95 07/24/24 CNY 40.51
LUJIANG CITY CONSTRUCTION 5.89 05/02/25 CNY 61.34
LUOYANG CITY COUNTRY CONS 4.28 04/26/23 CNY 20.10
LUOYANG CITY COUNTRY CONS 4.28 04/26/23 CNY 20.00
LUOYANG XIYUAN STATE-OWNE 7.50 11/15/25 CNY 66.50
LUOYANG XIYUAN STATE-OWNE 7.50 11/15/25 CNY 59.62
LUXI URBAN CONSTRUCTION I 6.80 10/27/24 CNY 40.33
LUXI URBAN CONSTRUCTION I 6.80 10/27/24 CNY 40.00
LUZHOU FUYANG INVESTMENT 5.00 08/11/23 CNY 19.98
LUZHOU FUYANG INVESTMENT 5.00 08/11/23 CNY 19.97
LUZHOU HUIXING INVESTMENT 6.28 10/19/24 CNY 41.16
LUZHOU HUIXING INVESTMENT 6.28 10/19/24 CNY 40.24
LUZHOU INDUSTRIAL DEVELOP 7.20 04/12/25 CNY 60.51
LUZHOU INDUSTRIAL DEVELOP 7.20 04/12/25 CNY 60.00
LUZHOU LIN GANG INVESTMEN 7.10 02/07/25 CNY 61.35
LUZHOU LIN GANG INVESTMEN 7.10 02/07/25 CNY 60.30
LUZHOU LIN GANG INVESTMEN 7.00 12/01/24 CNY 41.13
LUZHOU LIN GANG INVESTMEN 7.00 12/01/24 CNY 40.00
LUZHOU XINGLU INVESTMENT 6.41 04/23/25 CNY 46.20
LUZHOU XINGLU INVESTMENT 6.41 04/23/25 CNY 45.00
LUZHOU XINGYANG INVESTMEN 4.87 01/28/23 CNY 20.00
LUZHOU XINGYANG INVESTMEN 4.87 01/28/23 CNY 19.99
MA'ANSHAN CIHU HIGH TECHN 3.90 11/28/23 CNY 20.04
MAANSHAN NINGBO INVESTMEN 7.80 11/29/25 CNY 63.21
MAANSHAN NINGBO INVESTMEN 7.80 11/29/25 CNY 60.00
MAANSHAN NINGBO INVESTMEN 7.50 04/18/26 CNY 32.00
MAANSHAN SOUTHERN INDUSTR 4.53 07/25/23 CNY 19.98
MAANSHAN SOUTHERN INDUSTR 4.43 09/02/23 CNY 19.96
MAANSHAN SOUTHERN INDUSTR 4.53 07/25/23 CNY 19.96
MAANSHAN SOUTHERN INDUSTR 4.43 09/02/23 CNY 19.94
MAANSHAN YUSHAN CITY DEVE 5.85 09/22/24 CNY 40.46
MAANSHAN YUSHAN CITY DEVE 5.85 09/22/24 CNY 40.46
MAANSHAN YUSHAN CITY DEVE 5.62 07/31/24 CNY 40.30
MAANSHAN YUSHAN CITY DEVE 5.62 07/31/24 CNY 40.30
MA'ANSHAN ZHENGPU HARBOR 6.80 03/19/25 CNY 61.65
MA'ANSHAN ZHENGPU HARBOR 6.80 03/19/25 CNY 60.00
MA'ANSHAN ZHENGPU HARBOR 6.00 10/13/24 CNY 44.26
MA'ANSHAN ZHENGPU HARBOR 6.00 10/13/24 CNY 40.75
MEISHAN CITY DONGPO DEVEL 8.08 08/16/25 CNY 62.98
MEISHAN CITY DONGPO DEVEL 8.08 08/16/25 CNY 60.00
MEISHAN CITY DONGPO DEVEL 5.90 06/30/23 CNY 20.10
MEISHAN CITY DONGPO DEVEL 5.90 06/30/23 CNY 20.02
MEISHAN HONGDA CONSTRUCTI 4.18 03/28/23 CNY 19.91
MEISHAN HONGDA CONSTRUCTI 4.18 03/28/23 CNY 19.90
MEISHAN MINDONG DEVELOPME 6.78 08/08/24 CNY 40.17
MEISHAN MINDONG DEVELOPME 6.78 08/08/24 CNY 40.17
MEIZHOU MEI COUNTY DISTRI 5.00 12/30/22 CNY 20.01
MEIZHOU MEI COUNTY DISTRI 5.00 12/30/22 CNY 20.00
MENGCHENG COUNTY URBAN DE 5.60 09/21/24 CNY 40.51
MENGZHOU INVESTMENT AND D 8.00 11/06/25 CNY 63.35
MENGZHOU INVESTMENT AND D 8.00 09/03/25 CNY 63.01
MENGZHOU INVESTMENT AND D 8.00 11/06/25 CNY 60.00
MENGZHOU INVESTMENT AND D 8.00 09/03/25 CNY 60.00
MENGZI CITY DEVELOPMENT I 7.65 09/25/24 CNY 41.31
MENGZI CITY DEVELOPMENT I 7.65 09/25/24 CNY 41.31
MIANYANG ANZHOU INVESTMEN 8.10 05/04/25 CNY 62.52
MIANYANG ANZHOU INVESTMEN 8.10 11/22/25 CNY 62.42
MIANYANG ANZHOU INVESTMEN 8.10 11/22/25 CNY 60.00
MIANYANG ANZHOU INVESTMEN 8.10 05/04/25 CNY 59.00
MIANYANG HONGDA ASSET INV 7.20 09/29/24 CNY 41.16
MIANYANG HONGDA ASSET INV 7.20 09/29/24 CNY 40.00
MIANYANG HUIDONG INVESTME 8.10 04/28/25 CNY 62.91
MIANYANG HUIDONG INVESTME 8.10 02/10/25 CNY 61.65
MILE AGRICULTURAL INVESTM 8.00 10/25/25 CNY 59.88
MILE AGRICULTURAL INVESTM 8.00 10/25/25 CNY 59.00
MINGGUANG YUELONG INVESTM 6.54 05/03/25 CNY 61.28
MUDANJIANG LONGSHENG INVE 7.50 09/27/25 CNY 62.65
MUNICIPALITY OF SHENZHEN 3.31 01/14/27 CNY 75.00
MUNICIPALITY OF SHENZHEN 3.31 01/14/27 CNY 75.00
MUNICIPALITY OF SHENZHEN 2.80 05/19/27 CNY 74.69
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 3.37 03/29/26 CNY 71.90
MUNICIPALITY OF SHENZHEN 3.50 06/18/29 CNY 71.26
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 70.00
MUNICIPALITY OF SHENZHEN 3.50 06/18/29 CNY 70.00
MUNICIPALITY OF SHENZHEN 3.34 06/18/24 CNY 67.10
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 3.27 03/29/24 CNY 65.28
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 3.15 01/14/25 CNY 62.67
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 3.37 03/29/26 CNY 55.20
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 50.43
MUNICIPALITY OF SHENZHEN 3.37 03/29/26 CNY 50.00
MUNICIPALITY OF SHENZHEN 3.37 03/29/26 CNY 50.00
NANCHANG CITY CONSTRUCTIO 3.58 09/12/26 CNY 70.90
NANCHANG CITY CONSTRUCTIO 3.58 09/12/26 CNY 69.94
NANCHANG ECONOMY TECHNOLO 3.83 09/22/23 CNY 19.95
NANCHANG ECONOMY TECHNOLO 3.83 09/22/23 CNY 19.90
NANCHONG JIALING DEVELOPM 7.98 05/23/25 CNY 62.53
NANCHONG JIALING DEVELOPM 7.98 05/23/25 CNY 60.00
NANCHONG JIALING DEVELOPM 7.80 12/12/24 CNY 41.68
NANCHONG JIALING DEVELOPM 7.80 12/12/24 CNY 40.00
NANJING BAIXIA STATE-OWNE 3.98 03/29/23 CNY 20.03
NANJING BAIXIA STATE-OWNE 3.98 03/29/23 CNY 19.98
NANJING BINJIANG INVESTME 5.77 11/30/25 CNY 61.42
NANJING BINJIANG INVESTME 5.77 11/30/25 CNY 60.00
NANJING JIANGBEI NEW DIST 6.90 06/15/25 CNY 65.88
NANJING JIANGBEI NEW DIST 6.90 06/15/25 CNY 62.56
NANJING JIANGBEI NEW DIST 6.00 12/06/24 CNY 41.03
NANJING JIANGBEI NEW DIST 6.00 12/06/24 CNY 40.00
NANJING JIANGBEI NEW TOWN 5.59 09/26/24 CNY 42.50
NANJING JIANGBEI NEW TOWN 5.59 09/26/24 CNY 40.49
NANJING JIANGNING ECONOMI 7.94 04/14/24 CNY 31.24
NANJING JIANGNING URBAN C 3.48 11/11/23 CNY 19.88
NANJING JIANGNING URBAN C 3.48 11/11/23 CNY 19.81
NANJING JIANYE SCIENCE & 4.37 06/24/23 CNY 20.12
NANJING JIANYE SCIENCE & 4.37 06/24/23 CNY 19.99
NANJING LISHUI ECONOMIC A 3.41 11/09/23 CNY 19.85
NANJING LISHUI URBAN CONS 5.40 07/31/25 CNY 63.87
NANJING LISHUI URBAN CONS 5.40 07/31/25 CNY 60.55
NANJING LISHUI URBAN CONS 4.97 04/28/23 CNY 20.05
NANJING LISHUI URBAN CONS 4.97 04/28/23 CNY 20.02
NANJING METRO GROUP CO LT 4.22 11/28/23 CNY 40.63
NANJING METRO GROUP CO LT 4.22 11/28/23 CNY 40.30
NANJING METRO GROUP CO LT 3.29 08/29/23 CNY 20.03
NANJING METRO GROUP CO LT 3.29 08/29/23 CNY 20.00
NANJING PUKOU COMMUNICATI 5.46 07/19/24 CNY 40.42
NANJING QIXIA STATE-OWNED 4.10 06/24/23 CNY 19.99
NANJING QIXIA STATE-OWNED 4.10 06/24/23 CNY 19.94
NANJING STATE OWNED ASSET 5.60 03/06/23 CNY 15.04
NANLING COUNTY CONSTRUCTI 6.20 09/06/24 CNY 40.10
NANLING COUNTY CONSTRUCTI 6.20 09/06/24 CNY 40.00
NANNING HI-TECH INDUSTRIA 4.28 03/25/23 CNY 20.00
NANNING HI-TECH INDUSTRIA 3.82 10/20/23 CNY 19.83
NANNING HI-TECH INDUSTRIA 3.82 10/20/23 CNY 19.80
NANNING HI-TECH INDUSTRIA 4.28 03/25/23 CNY 15.20
NANTONG CITY TONGZHOU DIS 4.88 04/10/24 CNY 40.48
NANTONG CITY TONGZHOU DIS 3.75 07/07/23 CNY 19.95
NANTONG KAIYUAN INVESTMEN 7.25 11/29/24 CNY 40.92
NANTONG KAIYUAN INVESTMEN 7.25 11/29/24 CNY 40.90
NANTONG SHIBEI HI-TECH DE 5.98 08/07/24 CNY 40.54
NANTONG SHIBEI HI-TECH DE 5.98 08/07/24 CNY 40.44
NANTONG YUNTONG PORT DEVE 6.13 08/10/24 CNY 41.00
NANTONG YUNTONG PORT DEVE 6.13 08/10/24 CNY 40.68
NANYANG HI-TECH DEVELOPME 6.45 04/29/23 CNY 20.13
NANYANG HI-TECH DEVELOPME 6.45 04/29/23 CNY 20.04
NANZHANG COUNTY CONSTRUCT 6.00 01/20/24 CNY 40.36
NANZHANG COUNTY CONSTRUCT 6.58 10/25/24 CNY 40.00
NANZHANG COUNTY CONSTRUCT 6.00 01/20/24 CNY 39.99
NANZHANG COUNTY CONSTRUCT 6.58 10/25/24 CNY 39.90
NEIJIANG CITY XINGYUAN IN 4.28 08/16/23 CNY 19.93
NEIJIANG CITY XINGYUAN IN 4.28 08/16/23 CNY 19.92
NEIJIANG STATE-OWNED ASSE 6.20 04/12/23 CNY 20.12
NEIJIANG STATE-OWNED ASSE 6.20 04/12/23 CNY 20.01
NEIJINAG CONSTRUCTION ENG 5.03 12/25/22 CNY 20.00
NEIJINAG CONSTRUCTION ENG 5.03 12/25/22 CNY 16.36
NEOGLORY HOLDING GROUP CO 8.10 11/23/18 CNY 72.00
NEOGLORY HOLDING GROUP CO 8.00 09/25/20 CNY 60.00
NEOGLORY HOLDING GROUP CO 8.00 10/22/20 CNY 56.00
NINGGUO CITY STATE OWNED 7.14 08/07/24 CNY 40.80
NINGGUO CITY STATE OWNED 7.14 08/07/24 CNY 40.62
NINGXIA SHENG YAN INDUSTR 7.50 09/27/23 CNY 42.45
NINGXIANG CITY CONSTRUCTI 6.00 06/02/26 CNY 60.86
NINGXIANG ECONOMIC TECHNO 3.87 01/27/23 CNY 19.97
NINGXIANG STATE-OWNED ASS 4.89 06/03/23 CNY 20.03
NINGXIANG STATE-OWNED ASS 4.89 06/03/23 CNY 20.00
NINGXIANG STATE-OWNED ASS 3.88 11/02/23 CNY 19.90
NINGXIANG STATE-OWNED ASS 3.88 11/02/23 CNY 19.84
ONE BELT ONE ROAD JIANGSU 4.70 07/15/23 CNY 20.07
ONE BELT ONE ROAD JIANGSU 4.70 07/15/23 CNY 20.07
PANJIN WATER GROUP CO LTD 5.18 10/28/23 CNY 19.32
PEIXIAN ECONOMIC DEVELOPM 6.20 10/24/25 CNY 62.78
PEIXIAN STATE-OWNED ASSET 5.98 07/19/24 CNY 41.34
PEIXIAN STATE-OWNED ASSET 5.98 07/19/24 CNY 40.00
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 62.83
PENGSHAN DEVELOPMENT HOLD 7.98 05/03/25 CNY 61.59
PENGSHAN DEVELOPMENT HOLD 7.00 09/05/24 CNY 40.60
PENGSHAN DEVELOPMENT HOLD 7.00 09/05/24 CNY 40.00
PENGZE CITY DEVELOPMENT I 7.60 08/31/25 CNY 62.61
PENGZE CITY DEVELOPMENT I 7.00 04/19/25 CNY 61.59
PENGZE CITY DEVELOPMENT I 7.60 08/31/25 CNY 61.34
PENGZE CITY DEVELOPMENT I 7.00 04/19/25 CNY 60.00
PENGZHOU STATE-PENGZHOU S 3.95 10/20/23 CNY 19.54
PINGDU STATE-OWNED ASSET 6.05 07/11/25 CNY 63.40
PINGDU STATE-OWNED ASSET 6.05 07/11/25 CNY 61.43
PINGHU CITY INVESTMENT DE 5.13 04/29/23 CNY 20.08
PINGHU CITY INVESTMENT DE 5.13 04/29/23 CNY 20.01
PINGJIANG COUNTY WATER SU 6.64 06/27/26 CNY 59.02
PINGXIANG CHANGXING INVES 5.26 04/11/23 CNY 20.02
PINGXIANG CHANGXING INVES 5.26 04/11/23 CNY 19.89
PINGXIANG HUIFENG INVESTM 5.79 09/21/24 CNY 40.48
PINGXIANG HUIFENG INVESTM 5.79 09/21/24 CNY 40.41
PINGYANG STATE-OWNED ASSE 6.90 08/24/27 CNY 74.08
PINGYANG STATE-OWNED ASSE 6.90 08/24/27 CNY 70.00
PINGYANG STATE-OWNED ASSE 4.97 01/08/23 CNY 20.00
PINGYANG STATE-OWNED ASSE 4.97 01/08/23 CNY 20.00
PIZHOU ECONOMIC DEVELOPME 6.66 09/19/24 CNY 47.00
PIZHOU ECONOMIC DEVELOPME 6.66 09/19/24 CNY 40.56
POYANG INVESTMENT & DEVEL 6.53 08/08/24 CNY 40.32
POYANG INVESTMENT & DEVEL 6.53 08/08/24 CNY 40.00
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.50
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.50
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.43
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.43
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.43
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.43
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.22 09/19/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PROVINCE OF HEBEI CHINA 3.17 08/22/24 CNY 70.00
PUCHENG INVESTMENT DEVELO 6.57 08/10/24 CNY 40.61
PUCHENG INVESTMENT DEVELO 6.57 08/10/24 CNY 40.00
PUDING YELANG STATE-OWNED 8.00 03/13/25 CNY 65.00
PUDING YELANG STATE-OWNED 8.00 03/13/25 CNY 55.87
PUDING YELANG STATE-OWNED 7.79 11/13/24 CNY 41.36
PUYANG INVESTMENT GROUP C 5.18 08/17/24 CNY 40.36
PUYANG INVESTMENT GROUP C 5.18 08/17/24 CNY 40.36
QIANDONGNAN TRANSPORTATIO 5.79 12/21/22 CNY 20.00
QIANDONGNAN TRANSPORTATIO 5.79 12/21/22 CNY 19.97
QIANDONGNANZHOU KAIHONG C 5.30 09/22/26 CNY 48.86
QIANDONGNANZHOU KAIHONG C 5.30 09/22/26 CNY 47.12
QIANJIANG URBAN CONSTRUCT 5.19 12/21/22 CNY 20.01
QIANJIANG URBAN CONSTRUCT 5.19 12/21/22 CNY 20.00
QIANNAN AUTONOMOUS PREFEC 6.99 04/19/24 CNY 38.89
QIANNAN AUTONOMOUS PREFEC 6.99 04/19/24 CNY 38.89
QIANNAN AUTONOMOUS PREFEC 6.98 07/06/24 CNY 38.66
QIANNAN AUTONOMOUS PREFEC 6.98 07/06/24 CNY 38.65
QIANNANZHOU INVESTMENT CO 8.00 01/02/26 CNY 69.80
QIANNANZHOU INVESTMENT CO 6.77 07/28/24 CNY 40.77
QIANSHAN CITY QIANRUN INV 6.98 01/19/25 CNY 61.66
QIANSHAN CITY QIANRUN INV 6.98 01/19/25 CNY 60.00
QIANXINAN AUTONOMOUS REGI 5.90 06/22/23 CNY 20.10
QIANXINAN AUTONOMOUS REGI 5.90 06/22/23 CNY 19.82
QICHUN COUNTY CONSTRUCTIO 4.96 10/18/23 CNY 20.08
QICHUN COUNTY CONSTRUCTIO 4.96 10/18/23 CNY 19.97
QIDONG STATE-OWNED ASSET 4.00 03/09/23 CNY 20.19
QIDONG STATE-OWNED ASSET 4.00 03/09/23 CNY 19.98
QIDONG URBAN CONSTRUCTION 5.25 08/16/24 CNY 41.00
QIDONG URBAN CONSTRUCTION 5.25 08/16/24 CNY 40.48
QIHE CITY OPERATION CONST 5.10 03/07/23 CNY 20.01
QIHE CITY OPERATION CONST 5.10 03/07/23 CNY 19.83
QINGDAO CHANGYANG INVESTM 3.73 09/12/23 CNY 19.79
QINGDAO CHANGYANG INVESTM 3.73 09/12/23 CNY 19.70
QINGDAO CHINA PROSPERITY 6.08 11/05/25 CNY 61.72
QINGDAO CONSON DEVELOPMEN 6.40 12/12/22 CNY 15.07
QINGDAO CONSON DEVELOPMEN 6.40 12/12/22 CNY 15.00
QINGDAO HAIFA STATE-OWNED 6.28 04/04/25 CNY 65.25
QINGDAO HAIFA STATE-OWNED 6.28 04/04/25 CNY 61.41
QINGDAO HAIFA STATE-OWNED 4.26 06/06/23 CNY 20.09
QINGDAO HAIFA STATE-OWNED 4.26 06/06/23 CNY 19.95
QINGDAO JIMO DISTRICT URB 6.27 10/15/25 CNY 61.68
QINGDAO JIMO DISTRICT URB 6.27 10/15/25 CNY 60.00
QINGDAO JIMO DISTRICT URB 5.35 07/10/24 CNY 41.20
QINGDAO JIMO DISTRICT URB 5.35 07/10/24 CNY 40.34
QINGDAO OCEAN INVESTMENT 4.36 05/12/23 CNY 20.06
QINGDAO OCEAN INVESTMENT 4.36 05/12/23 CNY 19.95
QINGDAO SHAOHAI INVESTMEN 6.47 10/31/24 CNY 61.08
QINGDAO SHAOHAI INVESTMEN 6.47 10/31/24 CNY 40.82
QINGHAI PROVINCIAL INVEST 7.25 02/22/20 USD 28.90
QINGHAI PROVINCIAL INVEST 7.88 03/22/21 USD 20.02
QINGHAI PROVINCIAL INVEST 6.40 07/10/21 USD 20.02
QINGZHOU CITY CONSTRUCTIO 6.40 07/10/24 CNY 40.00
QINGZHOU CITY CONSTRUCTIO 6.80 08/25/24 CNY 38.94
QINGZHOU CITY CONSTRUCTIO 6.40 07/10/24 CNY 38.45
QINGZHOU CITY CONSTRUCTIO 6.80 08/25/24 CNY 38.00
QINHUANGDAO CITY DEVELOPM 4.69 04/14/23 CNY 20.08
QINHUANGDAO CITY DEVELOPM 4.69 04/14/23 CNY 19.97
QINHUANGDAO DEVELOPMENT Z 4.07 08/26/23 CNY 19.90
QINHUANGDAO DEVELOPMENT Z 4.07 08/26/23 CNY 19.89
QUANJIAO URBAN INFRASTRUC 5.10 05/18/23 CNY 20.06
QUANJIAO URBAN INFRASTRUC 5.10 05/18/23 CNY 20.04
QUJING ECO TECH DEVELOPME 5.75 06/01/23 CNY 20.08
QUJING ECO TECH DEVELOPME 5.75 06/01/23 CNY 20.08
RED STAR MACALLINE HOLDIN 6.50 11/07/24 CNY 29.05
RENHUAI CITY DEVELOPMENT 5.12 04/14/23 CNY 20.04
RENHUAI CITY DEVELOPMENT 5.12 04/14/23 CNY 19.79
RENHUAI WATER INVESTMENT 7.98 07/26/25 CNY 62.75
RENHUAI WATER INVESTMENT 7.98 02/24/25 CNY 58.82
RENSHOU DEVELOPMENT OF IN 6.42 12/22/22 CNY 20.01
RENSHOU DEVELOPMENT OF IN 6.42 12/22/22 CNY 20.00
REWARD SCIENCE AND TECHNO 6.40 03/03/22 CNY 70.00
REWARD SCIENCE AND TECHNO 5.53 07/05/21 CNY 29.10
RONGCHENG ECONOMIC DEVELO 5.75 04/24/25 CNY 62.79
RONGCHENG ECONOMIC DEVELO 5.75 04/24/25 CNY 61.10
RONGQIAO GROUP CO LTD 6.50 06/03/23 CNY 64.00
RONGXIN FUJIAN INVESTMENT 6.78 07/03/24 CNY 72.80
RONGXIN FUJIAN INVESTMENT 6.45 07/03/23 CNY 67.50
RONGXIN FUJIAN INVESTMENT 5.60 07/27/23 CNY 33.00
RONGXIN FUJIAN INVESTMENT 5.42 08/19/24 CNY 31.00
RUCHENG COUNTY URBAN CONS 5.69 02/23/24 CNY 50.44
RUCHENG COUNTY URBAN CONS 5.69 02/23/24 CNY 50.43
RUDONG COUNTY JINXIN TRAN 3.80 07/26/23 CNY 20.00
RUDONG COUNTY JINXIN TRAN 4.57 07/26/23 CNY 19.98
RUDONG COUNTY JINXIN TRAN 3.80 07/26/23 CNY 19.94
RUDONG COUNTY JINXIN TRAN 4.57 07/26/23 CNY 19.92
RUDONG COUNTY KAITAI CITY 4.57 01/08/23 CNY 20.01
RUDONG NEW WORLD INVESTME 4.37 07/18/23 CNY 19.99
RUDONG NEW WORLD INVESTME 4.37 07/18/23 CNY 19.88
RUGAO ECONOMIC & TRADE DE 3.95 03/24/23 CNY 20.04
RUGAO ECONOMIC & TRADE DE 3.95 03/24/23 CNY 19.97
RUGAO TRAFFIC INDUSTRY GR 3.74 03/23/23 CNY 20.00
RUGAO TRAFFIC INDUSTRY GR 3.74 03/23/23 CNY 19.98
RUIAN STATE OWNED ASSET I 4.56 01/27/23 CNY 20.00
RUIAN STATE OWNED ASSET I 4.56 01/27/23 CNY 19.99
RUICHANG CITY INVESTMENT 5.50 06/17/23 CNY 20.06
RUICHANG CITY INVESTMENT 5.68 03/25/23 CNY 20.02
RUIJIN URBAN DEVELOPMENT 4.13 09/06/23 CNY 19.99
RUIJIN URBAN DEVELOPMENT 4.13 09/06/23 CNY 19.79
RUSHAN INDUSTRIAL INVESTM 7.40 06/07/25 CNY 64.24
RUSHAN INDUSTRIAL INVESTM 7.40 06/07/25 CNY 62.36
RUZHOU CITY XINYUAN INVES 4.43 09/26/23 CNY 19.94
RUZHOU CITY XINYUAN INVES 4.43 09/26/23 CNY 19.34
SANMING INVESTMENT DEVELO 5.10 04/17/24 CNY 41.00
SANMING INVESTMENT DEVELO 5.10 04/17/24 CNY 40.26
SANMING TRANSPORTATION CO 3.68 03/29/23 CNY 19.95
SHAANXI XIXIAN NEW AREA A 5.10 06/06/23 CNY 19.91
SHAANXI XIXIAN NEW AREA A 5.10 06/06/23 CNY 19.86
SHAANXI XIXIAN NEW AREA F 7.10 08/23/24 CNY 40.98
SHAANXI XIXIAN NEW AREA F 7.10 08/23/24 CNY 39.79
SHAANXI XIXIAN NEW AREA J 6.67 08/23/24 CNY 43.20
SHAANXI XIXIAN NEW AREA J 6.67 08/23/24 CNY 40.79
SHANDONG RUYI TECHNOLOGY 7.90 09/18/23 CNY 52.10
SHANGHAI MUNICIPAL INVEST 4.80 11/05/24 CNY 30.49
SHANGHAI MUNICIPAL INVEST 4.80 11/05/24 CNY 30.00
SHANGHAI POWERLONG INDUST 6.60 01/11/26 CNY 43.00
SHANGHAI POWERLONG INDUST 6.50 08/27/23 CNY 34.00
SHANGHAI SHIMAO CO LTD 3.70 04/26/23 CNY 60.00
SHANGHAI SHIMAO CO LTD 4.15 05/22/23 CNY 47.70
SHANGHAI SHIMAO CO LTD 3.76 07/07/24 CNY 34.16
SHANGHAI SHIMAO CO LTD 4.24 10/21/23 CNY 34.00
SHANGHAI SHIMAO CO LTD 3.60 03/05/23 CNY 31.07
SHANGHAI SHIMAO CO LTD 3.99 09/01/24 CNY 28.56
SHANGHAI SHIMAO CO LTD 5.50 05/06/23 CNY 26.50
SHANGHAI SHIMAO CO LTD 5.15 03/16/23 CNY 26.50
SHANGHAI SHIMAO CO LTD 4.12 01/09/23 CNY 26.50
SHANGHAI SHIMAO CO LTD 3.94 09/24/24 CNY 24.00
SHANGHAI SHIMAO JIANSHE C 4.30 09/19/24 CNY 29.99
SHANGHAI SHIMAO JIANSHE C 3.20 05/11/25 CNY 26.30
SHANGHAI SHIMAO JIANSHE C 3.23 03/25/25 CNY 26.00
SHANGHAI SHIMAO JIANSHE C 3.90 03/25/27 CNY 21.91
SHANGHAI SHIMAO JIANSHE C 3.90 08/27/25 CNY 21.59
SHANGHAI SHIMAO JIANSHE C 4.30 11/11/24 CNY 17.00
SHANGHAI SHIMAO JIANSHE C 4.15 10/16/24 CNY 15.95
SHANGHAI SHIMAO JIANSHE C 4.80 11/11/26 CNY 14.50
SHANGHAI URBAN CONSTRUCTI 3.50 01/06/23 CNY 20.07
SHANGHAI URBAN CONSTRUCTI 3.50 01/06/23 CNY 20.00
SHANGLI INVESTMENT CO 7.50 06/01/25 CNY 62.14
SHANGLI INVESTMENT CO 7.50 06/01/25 CNY 59.72
SHANGRAO CITY STATE-OWNED 4.65 01/29/23 CNY 20.03
SHANGRAO CITY STATE-OWNED 4.65 01/29/23 CNY 19.99
SHANGRAO GUANGXIN URBAN C 7.95 07/24/25 CNY 60.96
SHANGRAO GUANGXIN URBAN C 7.95 07/24/25 CNY 60.83
SHANTOU INVESTMENT HOLDIN 7.99 03/04/24 CNY 31.10
SHANTOU INVESTMENT HOLDIN 7.99 03/04/24 CNY 30.73
SHANWEI INVESTMENT HOLDIN 5.68 11/09/24 CNY 42.15
SHANWEI INVESTMENT HOLDIN 5.68 11/09/24 CNY 40.71
SHAODONG NEW AREA DEVELOP 7.10 04/19/24 CNY 40.72
SHAODONG NEW AREA DEVELOP 7.10 04/19/24 CNY 40.72
SHAOGUAN URBAN INVESTMENT 3.67 10/25/24 CNY 39.47
SHAOGUAN URBAN INVESTMENT 3.67 10/25/24 CNY 39.45
SHAOSHAN HI-TECH CONSTRUC 8.00 05/02/25 CNY 61.04
SHAOSHAN HI-TECH CONSTRUC 8.00 05/02/25 CNY 60.86
SHAOXING KEQIAO CITY CONS 5.74 08/03/24 CNY 40.54
SHAOXING KEQIAO CITY CONS 5.74 08/03/24 CNY 40.00
SHAOXING KEQIAO CITY CONS 3.64 09/19/23 CNY 20.05
SHAOXING KEQIAO CITY CONS 3.64 09/19/23 CNY 19.85
SHAOXING KEYAN CONSTRUCTI 5.88 12/04/25 CNY 65.00
SHAOXING KEYAN CONSTRUCTI 5.88 12/04/25 CNY 61.95
SHAOXING SHANGYU ECONOMIC 4.76 04/11/23 CNY 20.07
SHAOXING SHANGYU ECONOMIC 4.76 04/11/23 CNY 20.04
SHAOYANG BAOQING INDUSTRI 5.78 07/04/26 CNY 54.23
SHAOYANG CITY CONSTRUCTIO 5.98 09/01/24 CNY 40.58
SHAOYANG CITY CONSTRUCTIO 5.98 09/01/24 CNY 40.00
SHAOYANG DULIANG INVESTME 5.50 04/13/23 CNY 20.04
SHAOYANG DULIANG INVESTME 5.50 04/13/23 CNY 19.87
SHAOYANG SAISHUANGQING CO 8.00 11/28/25 CNY 63.51
SHAOYANG SAISHUANGQING CO 7.20 03/26/25 CNY 60.96
SHAOYANG SAISHUANGQING CO 8.00 11/28/25 CNY 60.00
SHAOYANG SAISHUANGQING CO 7.20 03/26/25 CNY 60.00
SHEHONG STATE OWNED ASSET 7.50 08/22/25 CNY 62.97
SHEHONG STATE OWNED ASSET 7.60 10/25/25 CNY 61.90
SHEHONG STATE OWNED ASSET 7.30 12/14/24 CNY 61.69
SHEHONG STATE OWNED ASSET 7.60 10/22/25 CNY 60.12
SHEHONG STATE OWNED ASSET 7.60 10/25/25 CNY 60.00
SHEHONG STATE OWNED ASSET 7.60 10/22/25 CNY 60.00
SHEHONG STATE OWNED ASSET 7.50 08/22/25 CNY 60.00
SHEHONG STATE OWNED ASSET 7.30 12/14/24 CNY 60.00
SHENGZHOU INVESTMENT HOLD 5.35 07/20/24 CNY 40.41
SHENWU ENVIRONMENTAL TECH 9.00 03/14/19 CNY 1.50
SHENZHEN LOGAN HOLDINGS C 5.50 06/19/23 CNY 29.00
SHENZHEN LOGAN HOLDINGS C 4.90 03/25/25 CNY 21.07
SHENZHEN LOGAN HOLDINGS C 4.69 07/24/25 CNY 20.50
SHENZHEN LOGAN HOLDINGS C 4.80 06/24/25 CNY 19.90
SHENZHEN LOGAN HOLDINGS C 4.70 08/23/25 CNY 19.50
SHENZHEN LOGAN HOLDINGS C 4.80 09/14/25 CNY 19.00
SHENZHEN LOGAN HOLDINGS C 5.09 11/18/24 CNY 19.00
SHENZHEN LOGAN HOLDINGS C 4.80 01/08/25 CNY 18.50
SHENZHEN METRO GROUP CO L 6.75 01/24/24 CNY 30.42
SHENZHEN METRO GROUP CO L 5.40 03/25/23 CNY 15.05
SHENZHEN METRO GROUP CO L 5.40 03/25/23 CNY 15.00
SHEYANG URBAN CONSTRUCTIO 7.80 11/27/24 CNY 41.61
SHEYANG URBAN CONSTRUCTIO 7.80 11/27/24 CNY 40.44
SHIFANG CITY NATIONAL OWN 8.00 12/05/25 CNY 63.44
SHIFANG CITY NATIONAL OWN 8.00 12/05/25 CNY 60.00
SHIJIAZHUANG HUTUO NEW DI 5.28 12/24/25 CNY 45.61
SHIJIAZHUANG HUTUO NEW DI 5.28 12/24/25 CNY 45.00
SHINSUN REAL ESTATE GROUP 7.70 03/02/23 CNY 55.03
SHISHOU BOYA CITY CONSTRU 6.98 06/15/24 CNY 40.78
SHIYAN ECO DEVELOPMENT ZO 3.98 08/05/23 CNY 19.90
SHIYAN ECO DEVELOPMENT ZO 3.98 08/05/23 CNY 19.84
SHIYAN HANJIANG STAR CONS 6.40 07/10/24 CNY 40.52
SHIYAN STATE-OWNED CAPITA 4.88 01/11/26 CNY 60.24
SHIYAN STATE-OWNED CAPITA 4.88 01/11/26 CNY 60.13
SHIZHU TUJIA HONGSHENG EC 7.00 11/13/24 CNY 41.15
SHIZHU TUJIA HONGSHENG EC 7.00 11/13/24 CNY 32.00
SHOU COUNTY STATE-OWNED A 6.20 10/13/24 CNY 40.23
SHOU COUNTY STATE-OWNED A 6.20 10/13/24 CNY 40.00
SHOUGUANG HUINONG NEW RUR 6.50 10/16/27 CNY 75.45
SHUCHENG COUNTY URBAN CON 5.50 04/29/23 CNY 20.11
SHUCHENG COUNTY URBAN CON 5.50 04/29/23 CNY 20.09
SHUOZHOU INVESTMENT CONST 7.50 10/23/25 CNY 82.81
SHUOZHOU INVESTMENT CONST 7.50 10/23/25 CNY 62.75
SICHUAN CHENG'A DEVELOPME 7.25 01/28/24 CNY 70.37
SICHUAN CHENG'A DEVELOPME 7.50 11/29/24 CNY 41.57
SICHUAN CHENG'A DEVELOPME 7.50 11/06/24 CNY 41.54
SICHUAN CHENG'A DEVELOPME 7.50 11/29/24 CNY 40.00
SICHUAN CHENG'A DEVELOPME 7.50 11/06/24 CNY 40.00
SICHUAN COAL GASIFICATION 7.00 04/18/23 CNY 20.14
SICHUAN COAL INDUSTRY GRO 7.70 01/09/18 CNY 45.00
SICHUAN JINCAI JINXIN INV 7.08 07/31/24 CNY 40.92
SICHUAN JINCAI JINXIN INV 7.08 07/31/24 CNY 40.92
SICHUAN LANGUANG DEVELOPM 7.50 07/23/22 CNY 42.00
SICHUAN LANGUANG DEVELOPM 7.40 09/14/21 CNY 30.45
SICHUAN LANGUANG DEVELOPM 7.15 03/16/23 CNY 24.00
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 7.00 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 LANGZHONG FAMOUS 5.60 04/19/23 CNY 20.05
SICHUAN LANGZHONG FAMOUS 5.60 04/19/23 CNY 19.98
SICHUAN LONGYANG TIANFU N 5.45 05/27/23 CNY 20.08
SICHUAN LONGYANG TIANFU N 5.45 05/27/23 CNY 19.98
SICHUAN NAXING INDUSTRIAL 4.68 03/31/23 CNY 20.03
SICHUAN NAXING INDUSTRIAL 4.68 03/31/23 CNY 19.82
SICHUAN QINBA NEWCITY INV 6.91 07/25/24 CNY 40.84
SICHUAN QINBA NEWCITY INV 6.68 07/07/24 CNY 40.00
SICHUAN QINBA NEWCITY INV 6.91 07/25/24 CNY 39.80
SICHUAN QINBA NEWCITY INV 6.68 07/07/24 CNY 39.41
SICHUAN RENSHOU XINLONG W 7.00 06/27/24 CNY 40.84
SIHUI STATE OWNED ASSETS 4.59 01/14/23 CNY 20.00
SIHUI STATE OWNED ASSETS 4.59 01/14/23 CNY 19.99
SINO-OCEAN CAPITAL 5.30 09/09/23 CNY 45.00
SINO-OCEAN CAPITAL 5.30 06/10/24 CNY 30.00
SINO-OCEAN HOLDING GROUP 4.60 01/21/24 CNY 64.80
SINO-OCEAN HOLDING GROUP 4.59 03/20/26 CNY 62.05
SINO-OCEAN HOLDING GROUP 4.20 05/12/26 CNY 60.00
SINO-OCEAN HOLDING GROUP 4.76 10/19/25 CNY 53.10
SINO-OCEAN HOLDING GROUP 4.06 09/27/26 CNY 52.77
SINO-OCEAN HOLDING GROUP 5.00 08/19/25 CNY 52.00
SIXIAN CITY CONSCTRUCTION 6.50 04/16/25 CNY 61.59
SIXIAN CITY CONSCTRUCTION 6.50 04/16/25 CNY 60.00
SIYANG COUNTY MINKANG RUR 7.40 07/31/24 CNY 41.08
SIYANG COUNTY MINKANG RUR 7.40 07/31/24 CNY 41.07
SIYANG COUNTY MINKANG RUR 4.94 01/21/23 CNY 20.56
SIYANG COUNTY MINKANG RUR 4.94 01/21/23 CNY 20.01
SIYANG JIADING INDUSTRIAL 7.50 04/27/25 CNY 62.03
SIYANG JIADING INDUSTRIAL 7.50 04/27/25 CNY 62.02
SUINING COUNTY RUNQI INVE 6.78 11/02/24 CNY 41.30
SUINING COUNTY RUNQI INVE 6.78 11/02/24 CNY 41.07
SUINING FUYUAN INDUSTRY C 5.34 12/02/23 CNY 20.09
SUINING FUYUAN INDUSTRY C 5.34 12/02/23 CNY 19.59
SUINING KAIDA INVESTMENT 4.89 04/08/23 CNY 19.80
SUINING KAIDA INVESTMENT 4.89 04/08/23 CNY 19.78
SUINING ROUGANG INVESTMEN 6.80 08/02/24 CNY 40.76
SUINING ROUGANG INVESTMEN 6.80 08/02/24 CNY 40.76
SUINING ROUGANG INVESTMEN 5.65 01/24/24 CNY 40.14
SUINING TIANTAI INDUSTRIA 6.80 11/01/24 CNY 51.24
SUINING TIANTAI INDUSTRIA 6.80 11/01/24 CNY 50.00
SUINING TIANTAI INDUSTRIA 5.98 03/28/24 CNY 40.30
SUINING TIANTAI INDUSTRIA 5.98 03/28/24 CNY 40.29
SUIZHOU DEVELOPMENT INVES 5.97 09/15/24 CNY 41.02
SUIZHOU DEVELOPMENT INVES 5.70 04/07/24 CNY 40.80
SUIZHOU DEVELOPMENT INVES 5.70 04/07/24 CNY 40.22
SUIZHOU DEVELOPMENT INVES 5.97 09/15/24 CNY 40.00
SUIZHOU HIGH-TECH INDUSTR 4.47 03/25/23 CNY 19.98
SUIZHOU HIGH-TECH INDUSTR 4.47 03/25/23 CNY 19.95
SUNAC REAL ESTATE GROUP C 4.78 09/30/23 CNY 35.55
SUNAC REAL ESTATE GROUP C 6.80 08/16/24 CNY 28.00
SUNAC REAL ESTATE GROUP C 6.48 09/11/23 CNY 15.33
SUNAC REAL ESTATE GROUP C 5.60 05/27/25 CNY 15.02
SUNAC REAL ESTATE GROUP C 6.80 01/19/25 CNY 15.00
SUNAC REAL ESTATE GROUP C 7.00 04/02/25 CNY 14.97
SUNING APPLIANCE GROUP CO 7.30 05/10/23 CNY 49.31
SUNING APPLIANCE GROUP CO 7.30 01/29/23 CNY 48.43
SUNING APPLIANCE GROUP CO 7.30 06/16/23 CNY 43.36
SUNING APPLIANCE GROUP CO 7.30 06/28/23 CNY 21.60
SUNSHINE KAIDI NEW ENERGY 6.80 06/02/21 CNY 1.00
SUQIAN CITY CONSTRUCTION 6.44 12/26/24 CNY 61.17
SUQIAN CITY CONSTRUCTION 6.44 12/26/24 CNY 61.14
SUQIAN CITY CONSTRUCTION 5.30 07/11/24 CNY 40.32
SUQIAN CITY CONSTRUCTION 5.30 07/11/24 CNY 40.32
SUQIAN ECONOMIC DEVELOPME 5.40 04/20/24 CNY 41.88
SUQIAN ECONOMIC DEVELOPME 5.40 04/20/24 CNY 40.43
SUQIAN HI-TECH DEVELOPMEN 6.49 10/17/25 CNY 62.16
SUQIAN HI-TECH DEVELOPMEN 6.49 10/17/25 CNY 60.00
SUQIAN HI-TECH DEVELOPMEN 6.97 07/20/25 CNY 60.00
SUQIAN HUBIN XINCHENG INV 6.93 08/25/24 CNY 40.91
SUQIAN HUBIN XINCHENG INV 6.85 08/02/24 CNY 40.82
SUQIAN YUFENG ASSET MANAG 5.50 04/21/24 CNY 44.26
SUQIAN YUFENG ASSET MANAG 5.50 04/21/24 CNY 40.19
SUZHOU CITY CONSTRUCTION 3.89 03/24/23 CNY 20.01
SUZHOU CITY CONSTRUCTION 3.89 03/24/23 CNY 19.96
SUZHOU CITY HENGCHENG CON 4.40 03/01/23 CNY 20.01
SUZHOU CITY HENGCHENG CON 4.40 03/01/23 CNY 19.97
SUZHOU GAOXIN TOURISM IND 5.20 10/27/23 CNY 50.99
SUZHOU MAANSHAN INVESTMEN 6.10 08/03/24 CNY 40.75
SUZHOU MAANSHAN INVESTMEN 6.10 08/03/24 CNY 40.48
SUZHOU MUDU URBAN RURAL I 4.94 04/16/24 CNY 71.70
SUZHOU MUDU URBAN RURAL I 4.94 04/16/24 CNY 70.56
SUZHOU NEW & HIGH-TECH IN 4.18 03/23/23 CNY 19.96
SUZHOU NEW & HIGH-TECH IN 4.18 03/23/23 CNY 19.95
SUZHOU NEW AREA CONSTRUCT 5.98 08/04/24 CNY 40.33
SUZHOU NEW AREA CONSTRUCT 5.98 08/04/24 CNY 40.00
SUZHOU WUZHONG CITY CONST 6.50 02/01/25 CNY 61.15
SUZHOU WUZHONG CITY CONST 6.50 02/01/25 CNY 60.00
SUZHOU WUZHONG CITY CONST 5.90 11/06/24 CNY 40.68
SUZHOU WUZHONG CITY CONST 5.90 11/06/24 CNY 40.00
SUZHOU WUZHONG GUOTAI DEV 6.40 08/23/27 CNY 74.13
SUZHOU WUZHONG GUOTAI DEV 6.40 08/23/27 CNY 70.00
TAHOE GROUP CO LTD 7.50 10/10/20 CNY 29.60
TAHOE GROUP CO LTD 7.50 08/15/20 CNY 29.00
TAHOE GROUP CO LTD 8.50 08/02/21 CNY 25.00
TAHOE GROUP CO LTD 6.00 05/25/21 CNY 10.00
TAHOE GROUP CO LTD 7.20 05/25/21 CNY 5.00
TAIAN TAISHAN HOLDINGS CO 5.50 04/26/23 CNY 20.05
TAIAN TAISHAN HOLDINGS CO 5.50 04/26/23 CNY 20.05
TAIHE STATE OWN ASSET INV 5.87 08/07/24 CNY 43.35
TAIHE STATE OWN ASSET INV 5.87 08/07/24 CNY 40.81
TAIXING XINGHUANG INVESTM 8.50 11/15/25 CNY 63.96
TAIXING XINGHUANG INVESTM 8.50 11/15/25 CNY 61.08
TAIZHOU CITY CONSTRUCTION 6.92 10/16/23 CNY 15.34
TAIZHOU CITY HUANGYAN DIS 6.22 09/14/24 CNY 41.50
TAIZHOU CITY HUANGYAN DIS 6.10 08/01/24 CNY 41.13
TAIZHOU CITY HUANGYAN DIS 6.22 09/14/24 CNY 41.07
TAIZHOU CITY HUANGYAN DIS 6.10 08/01/24 CNY 41.02
TAIZHOU FENGCHENGHE CONST 5.48 11/07/25 CNY 63.20
TAIZHOU FENGCHENGHE CONST 7.90 12/29/24 CNY 61.93
TAIZHOU FENGCHENGHE CONST 5.48 11/07/25 CNY 61.23
TAIZHOU FENGCHENGHE CONST 7.90 12/29/24 CNY 60.00
TAIZHOU GAOGANG HI-TECH D 5.54 06/22/24 CNY 40.54
TAIZHOU HAILING CITY DEVE 4.60 12/14/22 CNY 20.17
TAIZHOU HAILING CITY DEVE 4.60 12/14/22 CNY 20.01
TAIZHOU JINDONG URBAN CON 5.10 06/02/23 CNY 20.04
TAIZHOU JINDONG URBAN CON 5.10 06/02/23 CNY 19.96
TAIZHOU XINTAI GROUP CO L 4.07 03/23/23 CNY 20.02
TAIZHOU XINTAI GROUP CO L 4.07 03/23/23 CNY 19.95
TANGSHAN FINANCIAL HOLDIN 7.60 05/16/25 CNY 56.72
TAOYUAN COUNTY ECONOMIC D 8.20 09/06/25 CNY 63.65
TAOYUAN COUNTY ECONOMIC D 8.20 09/06/25 CNY 60.00
TAOYUAN COUNTY ECONOMIC D 7.00 12/08/24 CNY 40.43
TAOYUAN COUNTY ECONOMIC D 7.00 12/08/24 CNY 40.00
TEMPUS GROUP CO LTD 7.50 06/07/20 CNY 12.00
TIANGUANG ZHONGMAO CO LTD 6.00 10/27/21 CNY 16.88
TIANJIN BOHAI STATE-OWNED 4.10 04/18/26 CNY 59.56
TIANJIN BOHAI STATE-OWNED 3.82 04/18/23 CNY 19.96
TIANJIN BOHAI STATE-OWNED 3.82 04/18/23 CNY 19.70
TIANJIN DONGFANG CAIXIN I 6.00 07/09/25 CNY 61.38
TIANJIN INFRASTRUCTURE CO 5.70 02/26/23 CNY 15.04
TIANJIN INFRASTRUCTURE CO 5.70 02/26/23 CNY 15.00
TIANJIN METRO GROUP CO LT 4.27 10/16/25 CNY 49.00
TIANJIN METRO GROUP CO LT 4.27 10/16/25 CNY 44.83
TIANJIN NINGHE INVESTMENT 5.50 04/22/23 CNY 20.05
TIANJIN NINGHE INVESTMENT 5.50 04/22/23 CNY 19.89
TIANJIN RAILWAY CONSTRUCT 5.58 04/13/25 CNY 44.77
TIANJIN REAL ESTATE GROUP 4.50 09/29/20 USD 73.82
TIANJIN REAL ESTATE GROUP 7.70 03/16/21 CNY 21.49
TIANJIN STATE-OWNED CAPIT 0.15 12/17/26 USD 22.04
TIANJIN STATE-OWNED CAPIT 1.60 12/17/39 USD 21.08
TIANJIN STATE-OWNED CAPIT 1.55 12/17/29 USD 20.00
TIANMEN CITY CONSTRUCTION 3.98 11/15/23 CNY 19.84
TIANMEN CITY CONSTRUCTION 3.98 11/15/23 CNY 19.66
TONGCHENG CITY CONSTRUCTI 7.50 07/23/25 CNY 62.38
TONGCHENG CITY CONSTRUCTI 6.60 12/18/24 CNY 60.34
TONGCHENG CITY CONSTRUCTI 7.50 07/23/25 CNY 60.00
TONGCHENG CITY CONSTRUCTI 6.60 12/18/24 CNY 60.00
TONGLING CONSTRUCTION INV 5.80 08/16/24 CNY 42.07
TONGLING CONSTRUCTION INV 5.77 07/31/24 CNY 40.91
TONGLING CONSTRUCTION INV 5.80 08/16/24 CNY 40.70
TONGLING CONSTRUCTION INV 5.77 07/31/24 CNY 40.00
TONGLING CONSTRUCTION INV 4.12 03/14/23 CNY 20.03
TONGLING CONSTRUCTION INV 4.12 03/14/23 CNY 20.00
TONGLING STATE-OWNED CAPI 7.00 11/14/24 CNY 70.82
TONGXIANG CHONGDE INVESTM 7.88 11/29/25 CNY 63.35
TONGXIANG CHONGDE INVESTM 7.88 11/29/25 CNY 60.00
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
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
TUNGHSU GROUP CO LTD 8.18 10/25/21 CNY 22.00
TUNGHSU OPTOELECTRONIC TE 6.80 05/19/20 CNY 15.00
URUMQI ECO TECH DEVELOPME 7.50 10/19/25 CNY 60.88
URUMQI ECO TECH DEVELOPME 7.50 10/19/25 CNY 60.00
WANGCHENG ECONOMIC DEVELO 3.75 07/13/23 CNY 20.23
WANGCHENG ECONOMIC DEVELO 3.75 07/13/23 CNY 19.91
WEICHI HOLDING GROUP CO L 7.20 04/13/25 CNY 61.69
WEICHI HOLDING GROUP CO L 7.20 04/13/25 CNY 60.00
WEICHI HOLDING GROUP CO L 6.18 07/24/24 CNY 40.49
WEICHI HOLDING GROUP CO L 6.18 07/24/24 CNY 40.00
WEIFANG BINHAI INVESTMENT 6.50 04/26/26 CNY 64.70
WEIFANG BINHAI INVESTMENT 7.00 09/12/26 CNY 64.18
WEIFANG GONGXIN STATE-OWN 5.00 07/13/26 CNY 58.44
WEIFANG GONGXIN STATE-OWN 5.00 07/13/26 CNY 57.87
WEIHAI CENTRAL CITY STATE 6.05 11/02/24 CNY 40.00
WEIHAI CENTRAL CITY STATE 6.05 11/02/24 CNY 39.98
WEIHAI CITY SHUANGDAO BAY 5.32 04/28/24 CNY 40.38
WEIHAI ECONOMIC TECHNOLOG 5.80 08/23/24 CNY 40.44
WEIHAI ECONOMIC TECHNOLOG 5.80 08/23/24 CNY 40.00
WEIHAI LANCHUANG CONSTRUC 7.70 10/11/25 CNY 58.00
WEIHAI LANCHUANG CONSTRUC 4.80 12/17/22 CNY 19.99
WEIHAI LANCHUANG CONSTRUC 4.80 12/17/22 CNY 19.39
WEIHAI URBAN CONSTRUCTION 3.33 03/02/23 CNY 20.05
WEIHAI URBAN CONSTRUCTION 3.33 03/02/23 CNY 19.95
WEIHAI WENDENG DISTRICT B 3.64 10/26/23 CNY 19.82
WEIHAI WENDENG DISTRICT B 3.64 10/26/23 CNY 19.63
WEIHAI WENDENG URBAN PROP 7.70 05/02/28 CNY 74.43
WEIHAI WENDENG URBAN PROP 4.80 05/26/23 CNY 19.99
WEIHAI WENDENG URBAN PROP 4.80 05/26/23 CNY 19.60
WENDENG GOLDEN BEACH INVE 3.97 03/21/23 CNY 19.94
WENDENG GOLDEN BEACH INVE 3.97 03/21/23 CNY 19.87
WENLING CITY STATE OWNED 5.43 11/12/25 CNY 63.20
WENLING CITY STATE OWNED 5.73 04/19/25 CNY 62.80
WENLING CITY STATE OWNED 5.43 11/12/25 CNY 61.29
WENLING CITY STATE OWNED 5.73 04/19/25 CNY 61.03
WENS FOODSTUFFS GROUP CO 3.26 10/29/30 USD 71.31
WENSHAN URBAN CONSTRUCTIO 4.50 09/13/23 CNY 19.95
WENSHAN URBAN CONSTRUCTIO 4.50 09/13/23 CNY 19.14
WENZHOU CITY CONSTRUCTION 5.00 04/26/23 CNY 20.17
WENZHOU CITY CONSTRUCTION 5.00 04/26/23 CNY 20.03
WENZHOU CITY CONSTRUCTION 4.05 01/25/23 CNY 20.02
WENZHOU CITY CONSTRUCTION 4.05 01/25/23 CNY 19.99
WENZHOU GANGCHENG DEVELOP 5.19 03/29/23 CNY 20.06
WENZHOU GANGCHENG DEVELOP 5.19 03/29/23 CNY 20.00
WENZHOU HIGH-TECH INDUSTR 5.90 09/18/24 CNY 41.50
WENZHOU HIGH-TECH INDUSTR 5.90 09/18/24 CNY 40.42
WENZHOU MINKE INDUSTRIAL 6.44 07/18/24 CNY 40.47
WENZHOU MINKE INDUSTRIAL 6.44 07/18/24 CNY 40.00
WENZHOU OUHAI NEW CITY CO 3.98 10/26/23 CNY 19.89
WENZHOU OUHAI NEW CITY CO 3.98 10/26/23 CNY 19.82
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 40.52
WUHAN HIGH-TECH HOLDING G 5.60 09/14/27 CNY 72.79
WUHAN HIGH-TECH HOLDING G 5.60 09/14/27 CNY 71.89
WUHAN HONGSHAN CITY CONST 5.68 10/12/24 CNY 40.73
WUHAN HONGSHAN CITY CONST 5.68 08/10/24 CNY 40.66
WUHAN HONGSHAN CITY CONST 5.68 10/12/24 CNY 40.63
WUHAN HONGSHAN CITY CONST 5.68 08/10/24 CNY 40.59
WUHAN QIAOKOU STATE OWNED 3.48 08/29/23 CNY 19.90
WUHAN URBAN CONSTRUCTION 4.99 06/15/24 CNY 50.00
WUHU COMMUNICATIONS INVES 4.50 04/28/23 CNY 20.07
WUHU COMMUNICATIONS INVES 3.58 09/23/23 CNY 20.05
WUHU COMMUNICATIONS INVES 4.50 04/28/23 CNY 19.98
WUHU COMMUNICATIONS INVES 3.58 09/23/23 CNY 19.82
WUHU JINGHU CONSTRUCTION 4.37 07/20/23 CNY 20.07
WUHU JINGHU CONSTRUCTION 4.37 07/20/23 CNY 19.95
WUHU JIUJIANG CONSTRUCTIO 3.96 03/21/23 CNY 20.17
WUHU JIUJIANG CONSTRUCTIO 3.96 03/21/23 CNY 19.96
WUSHENG CITY INVESTMENT C 7.05 11/03/24 CNY 41.12
WUSHENG CITY INVESTMENT C 7.05 11/03/24 CNY 40.00
WUSU CITY XINGRONG CONSTR 7.50 10/25/25 CNY 63.47
WUSU CITY XINGRONG CONSTR 7.50 10/25/25 CNY 60.00
WUXI EAST SCIENCE & TECHN 5.73 09/14/24 CNY 40.75
WUXI EAST SCIENCE & TECHN 5.73 09/14/24 CNY 40.00
WUXI FOOD SCIENCE PARK DE 5.70 09/28/24 CNY 41.30
WUXI FOOD SCIENCE PARK DE 5.70 09/28/24 CNY 40.66
WUXI HUIJI INDUSTRY DEVEL 5.27 12/07/25 CNY 63.05
WUXI HUIJI INDUSTRY DEVEL 5.27 12/07/25 CNY 60.98
WUXI HUIKAI ECONOMIC DEVE 4.16 04/08/23 CNY 19.95
WUXI HUIKAI ECONOMIC DEVE 4.16 04/08/23 CNY 19.83
WUXI TAIHU NEW CITY DEVEL 3.47 08/29/23 CNY 23.00
WUXI TAIHU NEW CITY DEVEL 4.49 05/03/23 CNY 20.10
WUXI TAIHU NEW CITY DEVEL 3.47 08/29/23 CNY 19.89
WUXI XIDONG NEW TOWN CONS 3.92 11/09/23 CNY 20.04
WUXI XIDONG NEW TOWN CONS 3.92 11/09/23 CNY 19.88
WUYANG CONSTRUCTION GROUP 7.80 09/11/20 CNY 32.48
XIAMEN ZHONGJUN INDUSTRIA 5.50 07/01/24 CNY 65.00
XIAN FENGDONG DEVELOPMENT 4.67 01/08/23 CNY 20.01
XIAN FENGDONG DEVELOPMENT 4.67 01/08/23 CNY 19.99
XIAN HIGH-TECH ZONE CAOTA 6.49 04/25/25 CNY 61.69
XI'AN HI-TECH HOLDING CO 5.87 06/26/25 CNY 62.50
XI'AN HI-TECH HOLDING CO 6.12 12/27/24 CNY 60.59
XI'AN HI-TECH HOLDING CO 5.87 06/26/25 CNY 60.55
XI'AN HI-TECH HOLDING CO 6.12 12/27/24 CNY 60.45
XI'AN PIONEERING PARK DEV 6.20 05/02/24 CNY 40.50
XI'AN PIONEERING PARK DEV 6.20 05/02/24 CNY 40.49
XIANGCHENG LINGWU URBAN D 7.45 11/10/24 CNY 40.34
XIANGCHENG LINGWU URBAN D 7.45 11/10/24 CNY 40.00
XIANGSHUI GUANJIANG HOLDI 4.98 12/24/22 CNY 19.99
XIANGSHUI GUANJIANG HOLDI 4.98 12/24/22 CNY 19.80
XIANGTAN CITY INFRASTRCTU 3.60 08/04/23 CNY 19.90
XIANGTAN CITY INFRASTRCTU 3.95 08/04/23 CNY 19.89
XIANGTAN CITY INFRASTRCTU 3.95 08/04/23 CNY 19.89
XIANGTAN JIUHUA ECONOMIC 5.00 07/25/26 CNY 60.07
XIANGTAN JIUHUA ECONOMIC 5.00 07/25/26 CNY 52.06
XIANGXIANG CITY DONGSHAN 6.20 08/03/24 CNY 40.57
XIANGXIANG CITY DONGSHAN 6.20 08/03/24 CNY 40.33
XIANGXIANG ECONOMIC DISTR 5.28 09/09/23 CNY 19.34
XIANGXIANG ECONOMIC DISTR 5.28 09/09/23 CNY 19.25
XIANGXIANG URBAN CONSTRUC 7.50 10/27/24 CNY 41.60
XIANGXIANG URBAN CONSTRUC 7.50 10/27/24 CNY 40.00
XIANGXIANG URBAN CONSTRUC 5.84 05/18/23 CNY 20.06
XIANGXIANG URBAN CONSTRUC 5.84 05/18/23 CNY 19.95
XIANGYANG CITY HOUSING IN 6.10 12/15/24 CNY 61.33
XIANGYANG CITY HOUSING IN 6.10 12/15/24 CNY 61.00
XIANGYANG CITY XIANGZHOU 5.18 04/28/23 CNY 20.04
XIANGYANG CITY XIANGZHOU 5.18 04/28/23 CNY 20.02
XIANGYANG HIGH TECH STATE 6.25 06/12/24 CNY 40.78
XIANGYANG HIGH TECH STATE 6.25 06/12/24 CNY 40.72
XIANGYANG STATE-OWNED CAP 6.10 07/19/24 CNY 40.34
XIANGYANG STATE-OWNED CAP 6.10 07/19/24 CNY 40.00
XIANGYANG STATE-OWNED CAP 4.62 01/25/23 CNY 19.98
XIANGYANG STATE-OWNED CAP 4.62 01/25/23 CNY 19.98
XIANNING CITY CONSTRUCTIO 5.99 07/27/27 CNY 71.84
XIANNING CITY CONSTRUCTIO 5.99 07/27/27 CNY 70.00
XIANNING HIGH-TECH INVEST 6.60 06/01/27 CNY 56.57
XIANNING HIGH-TECH INVEST 6.60 06/01/27 CNY 56.56
XIANTAO CITY CONSTRUCTION 4.59 04/18/23 CNY 20.10
XIANTAO CITY CONSTRUCTION 4.59 04/18/23 CNY 19.99
XIAOCHANG SHUNHE DEVELOPM 4.15 10/17/23 CNY 19.78
XIAOGAN URBAN CONSTRUCTIO 6.35 11/10/27 CNY 73.70
XIAOGAN URBAN CONSTRUCTIO 6.35 11/10/27 CNY 70.00
XIAOXIAN COUNTY DEVELOPME 4.85 06/22/23 CNY 20.10
XIAOXIAN COUNTY DEVELOPME 4.85 06/22/23 CNY 19.99
XINDONGGANG HOLDING GROUP 5.53 04/27/23 CNY 20.04
XINDONGGANG HOLDING GROUP 5.53 04/27/23 CNY 20.00
XINFENG COUNTY URBAN CONS 7.80 12/05/25 CNY 61.21
XINFENG COUNTY URBAN CONS 7.80 12/05/25 CNY 60.00
XINGAN COUNTY URBAN CONST 5.48 08/03/23 CNY 20.08
XINGAN COUNTY URBAN CONST 5.48 08/03/23 CNY 19.77
XINGAN LEAGUE URBAN DEVEL 6.18 12/21/22 CNY 14.17
XINGAN LEAGUE URBAN DEVEL 6.18 12/21/22 CNY 14.14
XINGYI XINHENG URBAN CONS 8.00 11/21/25 CNY 63.44
XINGYI XINHENG URBAN CONS 7.90 01/31/25 CNY 61.92
XINGYI XINHENG URBAN CONS 7.90 01/31/25 CNY 60.00
XINGYI XINHENG URBAN CONS 8.00 11/21/25 CNY 57.92
XINGYI XINHENG URBAN CONS 5.40 12/16/22 CNY 19.98
XINJIANG UYGUR AR HAMI CI 6.55 10/27/24 CNY 41.30
XINJIANG UYGUR AR HAMI CI 6.55 10/27/24 CNY 40.00
XINMI CAIYUAN CITY CONSTR 4.35 02/28/23 CNY 19.98
XINMI CAIYUAN CITY CONSTR 4.35 02/28/23 CNY 19.97
XINYI CITY INVESTMENT & D 4.30 01/19/23 CNY 20.00
XINYI CITY INVESTMENT & D 4.30 01/19/23 CNY 19.96
XINYI ECONOMIC DEVELOPMEN 6.66 09/27/24 CNY 39.54
XINYI ECONOMIC DEVELOPMEN 6.66 09/27/24 CNY 34.50
XINYI URBAN TRANSPORTATIO 5.35 04/24/24 CNY 42.57
XINYI URBAN TRANSPORTATIO 5.35 04/24/24 CNY 40.69
XIPING COUNTY INDUSTRIAL 7.50 12/26/24 CNY 60.71
XIPING COUNTY INDUSTRIAL 7.50 12/26/24 CNY 60.00
XISHUI COUNTY FENGZHU INV 6.52 07/28/24 CNY 42.50
XISHUI COUNTY FENGZHU INV 6.52 07/28/24 CNY 40.20
XIUSHAN HUAXING ENTERPRIS 7.50 09/25/25 CNY 62.66
XIUSHAN HUAXING ENTERPRIS 7.50 09/25/25 CNY 62.66
XIWANG GROUP CO LTD 7.80 12/03/22 CNY 49.94
XUANCHENG STATE-OWNED ASS 4.12 04/07/23 CNY 20.07
XUANCHENG STATE-OWNED ASS 4.12 04/07/23 CNY 19.98
XUCHANG GENERAL INVESTMEN 5.74 08/17/24 CNY 40.16
XUZHOU CITY JIAWANG CONST 4.00 03/23/23 CNY 20.39
XUZHOU CITY JIAWANG CONST 4.00 03/23/23 CNY 20.02
XUZHOU HI-TECH INDUSTRIAL 3.78 11/11/23 CNY 19.89
XUZHOU HI-TECH INDUSTRIAL 3.78 11/11/23 CNY 19.83
YAN'AN NEW CITY CONSTRUCT 5.60 04/21/24 CNY 40.30
YAN'AN NEW CITY CONSTRUCT 5.60 04/21/24 CNY 40.21
YANCHENG GUANDONG ECONOMI 6.42 05/16/24 CNY 40.80
YANCHENG GUANDONG ECONOMI 6.42 05/16/24 CNY 40.73
YANCHENG HIGH-TECH ZONE I 3.90 12/14/22 CNY 20.00
YANCHENG HIGH-TECH ZONE I 3.90 12/14/22 CNY 20.00
YANCHENG SOUTH DISTRICT D 6.00 03/19/25 CNY 61.22
YANCHENG YANDU DISTRICT S 3.67 03/17/23 CNY 19.91
YANCHENG YANDU DISTRICT S 3.67 03/17/23 CNY 19.18
YANGO GROUP CO LTD 7.30 04/24/25 CNY 24.19
YANGO GROUP CO LTD 7.00 08/24/24 CNY 18.00
YANGO GROUP CO LTD 6.90 01/22/26 CNY 17.99
YANGO GROUP CO LTD 6.95 04/24/24 CNY 17.99
YANGO GROUP CO LTD 6.67 10/14/25 CNY 17.95
YANGO JUSTICE INTERNATION 5.30 01/11/22 USD 3.55
YANGO JUSTICE INTERNATION 10.25 03/18/22 USD 3.18
YANGO JUSTICE INTERNATION 7.88 09/04/24 USD 2.79
YANGO JUSTICE INTERNATION 9.25 04/15/23 USD 1.55
YANGO JUSTICE INTERNATION 10.00 02/12/23 USD 1.55
YANGO JUSTICE INTERNATION 7.50 02/17/25 USD 1.47
YANGO JUSTICE INTERNATION 7.50 04/15/24 USD 1.47
YANGO JUSTICE INTERNATION 10.25 09/15/22 USD 1.33
YANGO JUSTICE INTERNATION 8.25 11/25/23 USD 1.28
YANGXIN TOWN CONSTRUCTION 6.50 04/26/24 CNY 40.67
YANGXIN TOWN CONSTRUCTION 6.50 04/26/24 CNY 40.36
YANGZHONG TRANSPORTATION 4.98 04/07/23 CNY 20.04
YANGZHONG TRANSPORTATION 4.98 04/07/23 CNY 20.02
YANGZHONG TRANSPORTATION 4.95 04/07/23 CNY 19.98
YANGZHONG TRANSPORTATION 4.95 04/07/23 CNY 19.93
YANGZHOU ECONOMIC & TECHN 5.28 07/06/24 CNY 42.40
YANGZHOU ECONOMIC & TECHN 5.28 07/06/24 CNY 40.34
YANGZHOU GUANGLING NEW CI 3.62 09/07/23 CNY 24.50
YANGZHOU GUANGLING NEW CI 3.62 09/07/23 CNY 19.95
YANGZHOU NEW MATERIAL INV 6.80 10/09/24 CNY 40.95
YANGZHOU NEW MATERIAL INV 6.80 10/09/24 CNY 40.00
YI CHENG CONSTRUCTION INV 5.44 04/27/23 CNY 20.04
YI ZHENG CITY DEVELOPMENT 4.63 01/08/23 CNY 20.00
YI ZHENG CITY DEVELOPMENT 4.63 01/08/23 CNY 19.99
YIBIN NANXI CAIYUAN STATE 8.10 07/24/25 CNY 62.02
YIBIN NANXI CAIYUAN STATE 8.10 11/28/25 CNY 61.36
YIBIN NANXI CAIYUAN STATE 8.10 11/28/25 CNY 60.00
YIBIN NANXI CAIYUAN STATE 8.10 07/24/25 CNY 60.00
YICHANG CHUANGYUAN HOLDIN 7.80 11/06/25 CNY 62.72
YICHANG HIGH-TECH INVESTM 6.10 05/18/24 CNY 40.56
YICHANG HIGH-TECH INVESTM 6.10 05/18/24 CNY 40.44
YICHANG HIGH-TECH INVESTM 4.80 12/15/22 CNY 20.01
YICHANG HIGH-TECH INVESTM 4.80 12/15/22 CNY 20.00
YICHANG HIGH-TECH INVESTM 3.74 07/21/23 CNY 19.98
YICHANG HIGH-TECH INVESTM 3.74 07/21/23 CNY 19.86
YICHANG WUJIA NEW CITY IN 6.50 04/20/24 CNY 40.53
YICHANG WUJIA NEW CITY IN 6.50 04/20/24 CNY 40.47
YIHUA LIFESTYLE TECHNOLOG 6.88 07/16/20 CNY 35.90
YIHUA LIFESTYLE TECHNOLOG 6.88 07/23/20 CNY 35.00
YINGCHENG CITY PUYANG DEV 6.50 04/14/24 CNY 40.51
YINGCHENG CITY PUYANG DEV 6.50 04/14/24 CNY 40.28
YINGKOU BEIHAI NEW CITY D 7.98 01/25/25 CNY 61.92
YINGKOU BEIHAI NEW CITY D 7.98 01/25/25 CNY 60.00
YINGKOU BEIHAI NEW CITY D 7.19 07/12/24 CNY 40.89
YINGKOU BEIHAI NEW CITY D 7.19 07/12/24 CNY 40.11
YINGKOU ECO & TECH DEVELO 6.98 04/19/24 CNY 40.42
YINGKOU ECO & TECH DEVELO 6.98 04/19/24 CNY 40.41
YINGKOU ECO & TECH DEVELO 5.20 08/05/23 CNY 19.95
YINGKOU ECO & TECH DEVELO 5.20 08/05/23 CNY 19.92
YINGKOU LAOBIAN CITY CONS 4.98 03/11/23 CNY 20.00
YINGKOU LAOBIAN CITY CONS 4.98 03/11/23 CNY 20.00
YINGTAN STATE-OWNED ASSET 7.50 12/12/22 CNY 15.00
YINGTAN STATE-OWNED ASSET 7.50 12/12/22 CNY 15.00
YIWU CITY CONSTRUCTION IN 5.48 08/18/24 CNY 40.80
YIWU CITY CONSTRUCTION IN 5.48 08/18/24 CNY 40.00
YIXING TUOYE INDUSTRIAL C 5.99 04/13/25 CNY 61.19
YIYANG COUNTY CITY CONSTR 7.50 06/07/25 CNY 62.62
YIYANG COUNTY CITY CONSTR 7.90 11/05/25 CNY 62.01
YIYANG COUNTY CITY CONSTR 7.90 11/05/25 CNY 61.96
YIYANG COUNTY CITY CONSTR 7.50 06/07/25 CNY 60.00
YIYANG PROVINCE AREA INNO 5.16 11/23/23 CNY 19.82
YIYANG PROVINCE AREA INNO 4.95 10/13/23 CNY 19.69
YIYANG PROVINCE AREA INNO 4.95 10/13/23 CNY 19.61
YIYANG PROVINCE AREA INNO 5.16 11/23/23 CNY 19.60
YIYANG URBAN CONSTRUCTION 6.43 04/24/25 CNY 61.58
YIYANG URBAN CONSTRUCTION 6.43 04/24/25 CNY 61.28
YIYUAN HONGDING ASSET OPE 7.50 08/17/25 CNY 61.83
YIYUAN HONGDING ASSET OPE 7.50 08/17/25 CNY 61.49
YIZHANG XINGYI CONSTRUCTI 5.49 09/02/24 CNY 40.30
YIZHANG XINGYI CONSTRUCTI 5.49 09/02/24 CNY 40.30
YIZHENG SHI'ERWEI NEW ARE 6.77 08/22/24 CNY 40.47
YONG ZHOU CITY DEVELOPMEN 5.30 07/13/24 CNY 40.38
YONG ZHOU CITY DEVELOPMEN 5.30 07/13/24 CNY 39.78
YONGAN STATE-OWNED ASSET 8.50 11/26/25 CNY 61.97
YONGAN STATE-OWNED ASSET 8.50 11/26/25 CNY 60.00
YONGCHENG COAL & ELECTRIC 7.50 02/02/21 CNY 39.88
YONGXING YINDU INVESTMENT 6.93 07/07/24 CNY 40.64
YONGXING YINDU INVESTMENT 6.50 08/14/24 CNY 40.04
YONGXING YINDU INVESTMENT 6.93 07/07/24 CNY 40.00
YONGXING YINDU INVESTMENT 6.50 08/14/24 CNY 38.60
YONGXING YINDU INVESTMENT 5.60 03/24/23 CNY 20.03
YONGXING YINDU INVESTMENT 5.60 03/24/23 CNY 20.02
YONGXIU CITY CONSTRUCTION 7.50 05/02/25 CNY 62.04
YONGXIU CITY CONSTRUCTION 7.80 08/27/25 CNY 61.53
YONGXIU CITY CONSTRUCTION 7.80 08/27/25 CNY 61.09
YONGXIU CITY CONSTRUCTION 7.50 05/02/25 CNY 60.00
YOUYANG COUNTY TAOHUAYUAN 7.50 09/28/25 CNY 62.66
YOUYANG COUNTY TAOHUAYUAN 7.50 09/28/25 CNY 57.00
YUANAN COUNTY QIFENG CITY 5.50 05/27/23 CNY 20.10
YUANAN COUNTY QIFENG CITY 5.50 05/27/23 CNY 20.10
YUANLING CHENZHOU INVESTM 6.50 11/30/24 CNY 40.89
YUANLING CHENZHOU INVESTM 6.50 09/20/24 CNY 40.76
YUANLING CHENZHOU INVESTM 6.50 11/30/24 CNY 40.00
YUANLING CHENZHOU INVESTM 6.50 09/20/24 CNY 40.00
YUDU ZHENXING INVESTMENT 7.50 05/03/25 CNY 60.95
YUDU ZHENXING INVESTMENT 7.50 05/03/25 CNY 60.49
YUEYANG HUIHUA URBAN INVE 5.96 07/26/24 CNY 40.55
YUEYANG HUIHUA URBAN INVE 5.96 07/26/24 CNY 40.26
YUEYANG HUIHUA URBAN INVE 5.78 04/18/24 CNY 40.17
YUEYANG HUIHUA URBAN INVE 5.78 04/18/24 CNY 40.11
YUEYANG URBAN CONSTRUCTIO 4.80 01/27/26 CNY 60.90
YUEYANG URBAN CONSTRUCTIO 4.80 01/27/26 CNY 60.57
YUEYANG YUNXI CITY CONSTR 6.00 07/08/23 CNY 19.84
YUEYANG YUNXI CITY CONSTR 5.18 11/21/23 CNY 19.49
YUHUAN CITY CONSTRUCTION 5.10 05/03/23 CNY 20.02
YUHUAN CITY CONSTRUCTION 5.10 05/03/23 CNY 20.01
YUHUAN CITY CONSTRUCTION 3.72 10/21/23 CNY 19.89
YUHUAN CITY CONSTRUCTION 3.72 10/21/23 CNY 19.79
YUHUAN COUNTY STATE-OWNED 6.45 11/23/25 CNY 63.34
YUNCHENG SHUIHU CITY CONS 4.54 11/21/23 CNY 19.94
YUNCHENG SHUIHU CITY CONS 4.54 11/21/23 CNY 19.18
YUNCHENG URBAN CONSTRUCTI 6.30 08/29/24 CNY 40.15
YUNCHENG URBAN CONSTRUCTI 6.30 08/29/24 CNY 39.04
YUNYANG RENHE INVESTMENT 7.49 05/04/25 CNY 62.46
YUNYANG RENHE INVESTMENT 7.49 05/04/25 CNY 60.62
YUZHOU GENERAL INVESTMENT 4.68 01/19/23 CNY 20.00
YUZHOU GENERAL INVESTMENT 4.68 01/19/23 CNY 20.00
ZAOYANG CITY CONSTRUCTION 5.50 03/22/23 CNY 20.09
ZAOYANG CITY CONSTRUCTION 5.50 03/22/23 CNY 20.00
ZHANGJIAGANG ECONOMY DEVE 3.95 03/22/23 CNY 20.03
ZHANGJIAGANG ECONOMY DEVE 3.95 03/22/23 CNY 20.00
ZHANGJIAJIE ECONOMIC DEVE 6.47 07/24/27 CNY 64.07
ZHANGJIAJIE ECONOMIC DEVE 6.47 07/24/27 CNY 62.50
ZHANGQIU STATE OWNED ASSE 3.69 08/09/23 CNY 19.86
ZHANGQIU STATE OWNED ASSE 3.69 08/09/23 CNY 19.85
ZHANGSHU STATE-OWNED ASSE 4.80 06/22/23 CNY 22.67
ZHANGSHU STATE-OWNED ASSE 4.80 06/22/23 CNY 20.04
ZHAODONG DONGSHENG CONSTR 6.50 01/20/24 CNY 40.39
ZHAODONG DONGSHENG CONSTR 6.50 01/20/24 CNY 39.80
ZHAOQING HI-TECH ZONE CON 3.97 08/26/23 CNY 40.25
ZHAOQING HI-TECH ZONE CON 3.97 08/26/23 CNY 19.88
ZHEJIANG BINHAI NEW AREA 4.65 12/23/22 CNY 20.30
ZHEJIANG BINHAI NEW AREA 4.65 12/23/22 CNY 20.01
ZHEJIANG HANGZHOU QINGSHA 5.99 06/30/24 CNY 40.64
ZHEJIANG HANGZHOU QINGSHA 5.99 06/30/24 CNY 40.63
ZHEJIANG HUISHENG INVESTM 4.49 03/15/24 CNY 39.93
ZHEJIANG HUISHENG INVESTM 4.49 03/15/24 CNY 39.88
ZHEJIANG HUZHOU NANXUN EC 7.80 08/21/25 CNY 67.00
ZHEJIANG OUHAI CONSTRUCTI 4.83 01/21/23 CNY 20.00
ZHEJIANG TIANTAI STATE-OW 6.50 11/22/24 CNY 62.54
ZHEJIANG TIANTAI STATE-OW 6.50 11/22/24 CNY 40.00
ZHEJIANG WUYI CITY CONSTR 8.00 08/10/25 CNY 62.81
ZHEJIANG WUYI CITY CONSTR 8.00 08/10/25 CNY 60.00
ZHENGZHOU GENERAL AVIATIO 5.98 06/27/24 CNY 41.14
ZHENGZHOU GENERAL AVIATIO 5.80 10/18/24 CNY 40.64
ZHENGZHOU GENERAL AVIATIO 5.80 10/18/24 CNY 40.00
ZHENGZHOU GENERAL AVIATIO 5.98 06/27/24 CNY 40.00
ZHENGZHOU MOUZHONG DEVELO 4.59 04/18/23 CNY 20.00
ZHENGZHOU MOUZHONG DEVELO 4.59 04/18/23 CNY 19.99
ZHENJIANG DANTU DISTRICT 5.98 11/06/24 CNY 42.50
ZHENJIANG DANTU DISTRICT 5.98 11/06/24 CNY 41.11
ZHENJIANG NEW AREA URBAN 5.31 07/14/23 CNY 19.95
ZHENJIANG NEW AREA URBAN 5.31 07/14/23 CNY 19.95
ZHENRO REAL ESTATE HOLDIN 5.45 09/14/24 CNY 25.40
ZHIJIANG STATE-OWNED ASSE 4.78 01/11/23 CNY 20.01
ZHIJIANG STATE-OWNED ASSE 4.78 01/11/23 CNY 20.00
ZHIJIANG STATE-OWNED ASSE 4.38 03/28/23 CNY 19.99
ZHIJIANG WANYUN COMMUNICA 7.00 08/29/24 CNY 46.13
ZHONGSHAN TORCH DEVELOPME 5.79 03/23/24 CNY 40.37
ZHONGXIANG CITY CONSTRUCT 6.50 09/01/24 CNY 40.88
ZHONGXIANG CITY CONSTRUCT 6.50 09/01/24 CNY 40.47
ZHOUSHAN CITY INVESTMENT 5.94 10/22/25 CNY 65.32
ZHOUSHAN CITY INVESTMENT 6.33 04/04/25 CNY 63.20
ZHOUSHAN CITY INVESTMENT 5.94 10/22/25 CNY 62.00
ZHOUSHAN CITY INVESTMENT 6.33 04/04/25 CNY 61.75
ZHOUSHAN ISLANDS NEW DIST 7.00 09/25/26 CNY 73.16
ZHOUSHAN ISLANDS NEW DIST 7.00 09/25/26 CNY 70.00
ZHUCHENG ECONOMIC DEVELOP 5.37 07/12/24 CNY 40.46
ZHUCHENG ECONOMIC DEVELOP 5.37 07/12/24 CNY 40.18
ZHUHAI HUIHUA INFRASTRUCT 4.70 06/27/23 CNY 20.05
ZHUHAI HUIHUA INFRASTRUCT 4.70 06/27/23 CNY 19.99
ZHUJI CITY EAST NEW TOWN 3.89 08/26/23 CNY 20.02
ZHUJI CITY EAST NEW TOWN 3.89 08/26/23 CNY 19.89
ZHUJI STATE-OWNED ASSETS 5.34 06/28/24 CNY 42.50
ZHUJI STATE-OWNED ASSETS 5.23 07/18/24 CNY 40.88
ZHUJI STATE-OWNED ASSETS 5.34 06/28/24 CNY 40.46
ZHUZHOU GECKOR GROUP CO L 3.78 09/28/23 CNY 19.76
ZHUZHOU GECKOR GROUP CO L 3.78 09/28/23 CNY 19.66
ZHUZHOU HI-TECH AUTO EXPO 4.47 11/03/23 CNY 24.25
ZHUZHOU LUSONG STATE OWNE 7.00 01/30/25 CNY 61.56
ZHUZHOU LVXIANG INVESTMEN 7.09 08/16/24 CNY 40.19
ZHUZHOU RAILWAY INDUSTRY 7.50 09/25/24 CNY 40.36
ZHUZHOU RECYCLING ECONOMI 4.38 03/24/23 CNY 19.97
ZHUZHOU RECYCLING ECONOMI 4.38 03/24/23 CNY 19.63
ZHUZHOU XIANGJIAN INVESTM 6.40 08/09/24 CNY 40.16
ZHUZHOU XIANGJIAN INVESTM 6.40 08/09/24 CNY 40.00
ZIBO BOSHAN STATE OWNED A 5.63 03/29/24 CNY 39.89
ZIBO BOSHAN STATE OWNED A 5.63 03/29/24 CNY 39.88
ZIBO HIGH TECH CITY INVES 5.28 08/10/24 CNY 44.80
ZIBO HIGH TECH CITY INVES 5.28 08/10/24 CNY 40.78
ZIGUI COUNTY CHUYUAN HOLD 7.08 08/14/27 CNY 73.88
ZIGUI COUNTY CHUYUAN HOLD 7.08 08/14/27 CNY 70.00
ZIXING CHENGCHENG INVESTM 6.20 03/16/24 CNY 40.50
ZIXING CHENGCHENG INVESTM 6.18 08/09/24 CNY 40.28
ZIXING CHENGCHENG INVESTM 6.20 03/16/24 CNY 40.05
ZIXING CHENGCHENG INVESTM 6.18 08/09/24 CNY 40.00
ZIXING CITY DEVELOPMENT I 6.30 09/26/24 CNY 40.56
ZIXING CITY DEVELOPMENT I 6.00 05/03/24 CNY 40.36
ZIXING CITY DEVELOPMENT I 6.00 05/03/24 CNY 40.26
ZIXING CITY DEVELOPMENT I 6.30 09/26/24 CNY 40.00
ZIYANG KAILI INVESTMENT C 8.00 02/14/26 CNY 71.01
ZIYANG WATER INVESTMENT C 3.97 03/17/23 CNY 19.74
ZIYANG WATER INVESTMENT C 3.97 03/17/23 CNY 19.71
ZIZHONG COUNTY XINGZI INV 5.97 01/18/23 CNY 20.03
ZIZHONG COUNTY XINGZI INV 5.97 01/18/23 CNY 19.68
ZONGYANG INVESTMENT DEVEL 5.85 04/25/24 CNY 40.62
ZONGYANG INVESTMENT DEVEL 5.85 04/25/24 CNY 40.00
ZUNYI BOZHOU URBAN CONSTR 6.60 07/06/24 CNY 40.67
ZUNYI BOZHOU URBAN CONSTR 6.60 07/06/24 CNY 40.66
ZUNYI BOZHOU URBAN CONSTR 7.85 10/24/24 CNY 39.76
ZUNYI CITY XIANGJIANG INV 6.99 09/25/24 CNY 41.00
ZUNYI CITY XIANGJIANG INV 6.99 09/25/24 CNY 35.00
ZUNYI ECONOMIC DEVELOPMEN 7.48 08/17/24 CNY 41.15
ZUNYI ECONOMIC DEVELOPMEN 4.87 01/22/23 CNY 20.00
ZUNYI ECONOMIC DEVELOPMEN 4.87 01/22/23 CNY 18.10
ZUNYI HONGHUAGANG DISTRIC 6.98 07/25/24 CNY 37.08
ZUNYI HONGHUAGANG DISTRIC 6.98 07/25/24 CNY 37.07
ZUNYI HONGHUAGANG DISTRIC 5.05 06/27/23 CNY 19.75
ZUNYI HONGHUAGANG DISTRIC 5.05 06/27/23 CNY 19.01
ZUNYI NEW DISTRICT DEVELO 5.99 04/07/26 CNY 39.73
ZUNYI NEW DISTRICT DEVELO 5.99 04/07/26 CNY 35.00
ZUNYI ROAD & BRIDGE CONST 6.10 04/27/23 CNY 25.10
ZUNYI ROAD & BRIDGE CONST 6.10 04/27/23 CNY 22.20
ZUNYI TRAFFIC TRAVEL INVE 7.70 09/27/27 CNY 54.62
ZUNYI TRAFFIC TRAVEL INVE 7.70 09/27/27 CNY 53.00
ZUNYI URBAN CONSTRUCTION 7.50 05/20/24 CNY 67.80
HONG KONG
---------
AIA GROUP LTD 3.20 09/16/40 USD 74.16
AIA GROUP LTD 3.20 09/16/40 USD 74.14
AIRPORT AUTHORITY 2.63 02/04/51 USD 68.22
AIRPORT AUTHORITY 2.63 02/04/51 USD 67.45
CHINA SOUTH CITY HOLDINGS 9.00 10/09/24 USD 59.25
CHINA SOUTH CITY HOLDINGS 9.00 12/11/24 USD 58.92
CHINA SOUTH CITY HOLDINGS 9.00 04/12/24 USD 53.72
CHINA SOUTH CITY HOLDINGS 9.00 07/20/24 USD 31.20
CHINA SOUTH CITY HOLDINGS 9.00 06/26/24 USD 28.00
CNAC HK FINBRIDGE CO LTD 3.70 09/22/50 USD 65.01
DR PENG HOLDING HONGKONG 2.50 12/01/25 USD 43.31
HAINAN AIRLINES HONG KONG 12.00 10/29/21 USD 2.51
HKCG FINANCE LTD 2.94 10/18/49 HKD 67.64
HKCG FINANCE LTD 2.94 10/28/49 HKD 67.59
HKCG FINANCE LTD 2.57 05/26/50 HKD 61.83
HKCG FINANCE LTD 2.57 06/29/50 HKD 61.77
HNA GROUP INTERNATIONAL C 6.25 10/05/21 USD 5.00
HONG KONG GOVERNMENT INTE 2.38 02/02/51 USD 66.46
HONG KONG GOVERNMENT INTE 2.38 02/02/51 USD 66.31
HONG KONG GOVERNMENT INTE 1.00 11/24/41 EUR 63.87
HONG KONG MORTGAGE CORP L 3.15 03/19/49 HKD 74.40
HONG KONG MORTGAGE CORP L 2.98 04/02/49 HKD 71.87
HONG KONG MORTGAGE CORP L 2.65 07/26/49 HKD 67.53
HONGKONG IDEAL INVESTMENT 14.75 10/08/22 USD 3.66
LAI SUN MTN LTD 5.00 07/28/26 USD 64.68
MTR CORP LTD 2.88 07/27/46 USD 69.18
MTR CORP LTD 2.55 06/24/55 HKD 66.53
PINGAN REAL ESTATE CAPITA 3.45 07/29/26 USD 65.78
WESTWOOD GROUP HOLDINGS L 3.80 01/20/31 USD 63.91
XIAOMI BEST TIME INTERNAT 2.88 07/14/31 USD 73.13
XIAOMI BEST TIME INTERNAT 2.88 07/14/31 USD 72.64
XIAOMI BEST TIME INTERNAT 4.10 07/14/51 USD 60.64
XIAOMI BEST TIME INTERNAT 4.10 07/14/51 USD 60.32
ZENSUN ENTERPRISES LTD 12.50 09/13/23 USD 55.03
ZENSUN ENTERPRISES LTD 12.50 04/23/24 USD 55.02
INDONESIA
---------
ALAM SUTERA REALTY TBK PT 11.00 11/02/25 USD 65.38
BERAU COAL ENERGY TBK PT 2.00 10/15/28 USD 25.00
BERAU COAL ENERGY TBK PT 2.00 10/15/28 USD 25.00
DAVOMAS INTERNATIONAL FIN 11.00 12/08/14 USD 0.84
DAVOMAS INTERNATIONAL FIN 11.00 12/08/14 USD 0.84
DAVOMAS INTERNATIONAL FIN 11.00 05/09/11 USD 0.84
DAVOMAS INTERNATIONAL FIN 11.00 05/09/11 USD 0.84
DELTA MERLIN DUNIA TEKSTI 2.50 06/26/28 USD 27.90
INDOFOOD CBP SUKSES MAKMU 4.75 06/09/51 USD 74.81
INDOFOOD CBP SUKSES MAKMU 4.81 04/27/52 USD 74.03
INDONESIA GOVERNMENT INTE 1.10 03/12/33 EUR 73.57
INDONESIA GOVERNMENT INTE 1.30 03/23/34 EUR 72.76
INDONESIA GOVERNMENT INTE 3.05 03/12/51 USD 72.74
INDONESIA GOVERNMENT INTE 3.20 09/23/61 USD 69.95
INDONESIA GOVERNMENT INTE 3.35 03/12/71 USD 68.92
PERTAMINA PERSERO PT 4.15 02/25/60 USD 73.65
PERTAMINA PERSERO PT 4.15 02/25/60 USD 73.60
PERUSAHAAN PERSEROAN PERS 4.38 02/05/50 USD 74.98
PERUSAHAAN PERSEROAN PERS 4.38 02/05/50 USD 74.77
PERUSAHAAN PERSEROAN PERS 1.88 11/05/31 EUR 72.45
PERUSAHAAN PERSEROAN PERS 4.00 06/30/50 USD 72.43
PERUSAHAAN PERSEROAN PERS 4.00 06/30/50 USD 72.26
PERUSAHAAN PERSEROAN PERS 1.88 11/05/31 EUR 72.13
SRI REJEKI ISMAN TBK PT 7.25 01/16/25 USD 4.13
SRI REJEKI ISMAN TBK PT 7.25 01/16/25 USD 1.92
INDIA
-----
ACME RANGA REDDY SOLAR PO 0.01 01/26/46 INR 17.48
ACME RANGA REDDY SOLAR PO 0.01 08/31/46 INR 16.69
ADANI ELECTRICITY MUMBAI 3.87 07/22/31 USD 72.22
ADANI ELECTRICITY MUMBAI 3.87 07/22/31 USD 72.09
ADANI PORTS & SPECIAL ECO 3.10 02/02/31 USD 74.36
ADANI PORTS & SPECIAL ECO 3.10 02/02/31 USD 74.34
ADANI PORTS & SPECIAL ECO 5.00 08/02/41 USD 74.08
ADANI PORTS & SPECIAL ECO 5.00 08/02/41 USD 74.01
ADANI RENEWABLE ENERGY RJ 4.63 10/15/39 USD 74.82
ADANI RENEWABLE ENERGY RJ 4.63 10/15/39 USD 74.75
ALANKRIT ESTATES LTD 0.01 10/20/32 INR 46.62
AMPSOLAR SOLUTION PVT LTD 0.01 10/27/37 INR 31.29
AMPSOLAR SOLUTION PVT LTD 0.01 11/03/37 INR 31.25
AMTEK AUTO LTD 0.10 12/07/28 INR 58.26
ANSR GLOBAL CORP PVT LTD 4.00 02/12/30 INR 73.25
APG HABITAT PVT LTD 1.00 09/09/28 INR 65.89
APG INTELLI HOMES PVT LTD 1.25 02/04/35 INR 47.50
APG INTELLI HOMES PVT LTD 1.25 02/04/35 INR 46.89
ASSETS CARE & RECONSTRUCT 2.00 03/30/29 INR 68.37
ASSETS CARE & RECONSTRUCT 2.00 03/30/29 INR 68.37
ASSETS CARE & RECONSTRUCT 2.00 03/31/30 INR 65.08
ASSETS CARE & RECONSTRUCT 1.00 03/30/29 INR 63.54
ASSETS CARE & RECONSTRUCT 2.05 04/30/31 INR 62.16
AUTHBRIDGE RESEARCH SERVI 0.10 10/14/31 INR 44.80
AUTHBRIDGE RESEARCH SERVI 0.10 12/03/31 INR 44.33
AUTOMOTIVE EXCHANGE PVT L 4.00 06/01/30 INR 61.99
AUTOMOTIVE EXCHANGE PVT L 4.00 10/11/30 INR 61.57
BIG SHOT INFRA FACILITIES 0.01 04/20/27 INR 67.15
BIG SHOT INFRA FACILITIES 0.01 05/20/27 INR 66.68
BIG SHOT INFRA FACILITIES 0.01 07/18/27 INR 65.77
BODY CUPID PVT LTD 0.01 03/31/31 INR 51.85
BREEZE CONSTRUCTIONS PVT 0.01 06/29/30 INR 52.15
BRITANNIA INDUSTRIES LTD 5.50 06/03/24 INR 28.24
BROIL SOLAR ENERGY PVT LT 0.01 09/05/31 INR 48.94
CHANDRAJYOTI ESTATE DEVEL 0.01 07/06/30 INR 53.46
CONVERGIA DIGITAL EDUCATI 0.10 09/29/31 INR 56.52
CROPIN TECHNOLOGY SOLUTIO 0.01 02/27/27 INR 73.35
CROPIN TECHNOLOGY SOLUTIO 0.01 09/25/27 INR 70.87
CROPIN TECHNOLOGY SOLUTIO 0.01 12/20/30 INR 59.80
CROPIN TECHNOLOGY SOLUTIO 0.01 01/12/31 INR 59.62
CUMULUS TRADING CO PVT LT 0.01 01/23/30 INR 72.95
CUMULUS TRADING CO PVT LT 0.01 05/21/32 INR 45.21
DLF ASPINWAL HOTELS PVT L 0.01 10/15/30 INR 49.23
DLF HOME DEVELOPERS LTD 0.01 06/29/30 INR 56.33
DLF HOMES PANCHKULA PVT L 0.01 06/29/30 INR 52.16
DLF HOMES SERVICES PVT LT 0.01 06/29/30 INR 52.15
DLF LANDS INDIA PVT LTD 0.01 09/29/31 INR 48.15
DLF MIDTOWN PVT LTD 0.01 12/11/27 INR 66.47
DLF PROPERTY DEVELOPERS L 0.01 06/29/30 INR 53.90
DLF PROPERTY DEVELOPERS L 0.01 08/12/30 INR 53.40
DLF REAL ESTATE BUILDERS 0.01 06/23/30 INR 53.53
DLF RECREATIONAL FOUNDATI 0.01 10/15/30 INR 49.23
DLF RESIDENTIAL BUILDERS 0.01 06/23/30 INR 52.24
DLF RESIDENTIAL DEVELOPER 0.01 06/28/30 INR 54.01
DLF RESIDENTIAL DEVELOPER 0.01 06/28/30 INR 54.01
DLF SOUTHERN TOWNS PVT LT 0.01 07/09/30 INR 57.26
DLF URBAN PVT LTD 0.01 12/11/27 INR 67.37
DOMUS REAL ESTATE PVT LTD 0.01 07/11/30 INR 53.50
EDEL LAND LTD 0.01 03/26/31 INR 52.45
EDEL LAND LTD 0.01 12/28/31 INR 49.55
EDEL LAND LTD 0.01 03/30/32 INR 48.62
EDELWEISS ASSET RECONSTRU 2.00 11/20/27 INR 74.99
EDELWEISS ASSET RECONSTRU 2.00 10/07/28 INR 71.52
EDELWEISS ASSET RECONSTRU 2.00 01/15/29 INR 70.50
EDELWEISS ASSET RECONSTRU 2.00 03/28/29 INR 69.79
EDELWEISS ASSET RECONSTRU 2.00 07/22/29 INR 68.67
EDELWEISS INVESTMENT ADVI 0.01 05/31/29 INR 58.29
EDELWEISS RURAL & CORPORA 0.01 03/25/31 INR 53.32
ELP SOLAR ONE PVT LTD 0.25 02/27/31 INR 52.07
ESSAR POWER TRANSMISSION 3.00 03/31/43 INR 47.99
ESSAR POWER TRANSMISSION 3.00 03/31/43 INR 47.99
FUTURE RETAIL LTD 5.60 01/22/25 USD 1.54
FUTURE RETAIL LTD 5.60 01/22/25 USD 1.49
GALLERIA PROPERTY MANAGEM 0.01 12/30/31 INR 47.80
GAMMA GAANA LTD 0.01 07/31/31 INR 48.77
GOLD PLUS GLASS INDUSTRY 0.10 03/03/29 INR 59.89
GOLD PLUS GLASS INDUSTRY 0.10 03/03/29 INR 59.89
GREEN URJA PVT LTD 0.01 02/14/30 INR 55.24
HCL INFOTECH LTD 0.10 03/31/36 INR 35.44
HITODI INFRASTRUCTURE LTD 0.01 06/30/27 INR 65.93
IBROX AVIATION AND TRADIN 0.01 12/15/27 INR 62.66
INDIABULLS HOUSING FINANC 4.50 09/28/26 USD 72.00
JAIPRAKASH ASSOCIATES LTD 5.75 09/08/17 USD 55.13
JAIPRAKASH POWER VENTURES 7.00 05/15/17 USD 6.19
JCT LTD 2.50 04/08/11 USD 25.75
JSM CORP PVT LTD 0.01 08/31/36 INR 33.00
JTPM ATSALI LTD 0.01 12/28/28 INR 61.45
JTPM ATSALI LTD 0.01 08/29/48 INR 13.93
JUNO MONETA TECHNOLOGIES 0.01 05/18/26 INR 74.45
KANAKADURGA FINANCE LTD 0.01 04/15/36 INR 31.67
KIRTIMAAN BUILDERS LTD 0.01 10/20/32 INR 46.62
KUSHALS RETAIL PVT LTD 1.00 05/13/29 INR 59.83
L&T FINANCE LTD 6.25 12/03/24 INR 68.80
LITMUS WORLD MARKETING TE 0.01 03/31/28 INR 68.76
LOCON SOLUTIONS PVT LTD 0.01 07/22/30 INR 51.32
LOK SUVIDHA FINANCE LTD 0.01 11/30/31 INR 44.58
MAHATVA PLASTIC PRODUCTS 0.01 03/29/27 INR 68.93
MAHATVA PLASTIC PRODUCTS 0.01 05/03/27 INR 68.38
MAHATVA PLASTIC PRODUCTS 0.01 05/19/27 INR 68.14
MAKAAN.COM PVT LTD 0.01 07/22/30 INR 51.84
MANJRI DEVELOPERS PVT LTD 0.01 08/05/39 INR 25.66
MARIS POWER SUPPLY CO PVT 2.00 04/18/28 INR 72.89
MAXIMUS ARC LTD 0.01 04/08/26 INR 73.32
MAXIMUS ARC LTD 0.01 10/07/26 INR 70.15
MELOSA BUILDERS & DEVELOP 0.01 06/29/30 INR 52.15
MENS BUILDCON PVT LTD 0.01 06/29/30 INR 52.15
METALITE FUEL INDUSTRIES 0.01 03/31/35 INR 37.90
METALITE FUEL INDUSTRIES 0.01 06/18/36 INR 34.52
MUDIT CEMENT PVT LTD 0.01 03/28/27 INR 67.90
MYTRAH AADHYA POWER PVT L 0.01 07/05/35 INR 36.55
MYTRAH ADVAITH POWER PVT 0.01 07/13/36 INR 33.82
MYTRAH AKSHAYA ENERGY PVT 0.01 07/13/36 INR 33.82
NANI VIRANI WIND ENERGY P 2.00 06/30/39 INR 45.57
NEEMUCH SOLAR POWER PVT L 0.01 01/26/46 INR 17.75
NEEMUCH SOLAR POWER PVT L 0.01 08/29/46 INR 16.96
NHAVA SHEVA INTERNATIONAL 0.01 04/14/27 INR 69.57
NSL KRISHNAVENI SUGARS LT 0.01 12/23/31 INR 45.39
ORIGAMI CELLULO PVT LTD 0.01 11/14/36 INR 32.91
PALIWAL REAL ESTATE LTD 0.01 09/09/31 INR 47.55
PIRAMAL CAPITAL & HOUSING 8.50 04/18/23 INR 34.25
PRAKASH INDUSTRIES LTD 5.25 04/30/15 USD 22.63
PRIDHVI ASSET RECONSTRUCT 0.01 06/07/26 INR 73.55
PRUDENT ARC LTD 0.01 09/02/31 INR 48.60
PRUDENT ARC LTD 0.01 10/04/31 INR 48.02
PRUDENT ARC LTD 0.01 03/30/32 INR 46.27
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/27 INR 71.84
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/28 INR 66.95
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/29 INR 62.42
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/30 INR 58.19
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/31 INR 54.27
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/32 INR 50.61
PUNJAB INFRASTRUCTURE DEV 0.40 10/15/33 INR 47.22
PURVANCHAL SOLAR POWER PV 0.01 01/26/46 INR 17.75
PURVANCHAL SOLAR POWER PV 0.01 08/29/46 INR 16.96
PYRAMID SAIMIRA THEATRE L 1.75 07/04/12 USD 0.26
R L FINE CHEM PVT LTD 0.10 08/19/36 INR 33.36
RAMANI ICECREAM CO LTD 0.01 12/29/35 INR 35.72
RANKGURU TECHNOLOGY SOLUT 0.01 02/11/27 INR 66.91
RANKGURU TECHNOLOGY SOLUT 0.01 03/31/27 INR 66.15
REDKITE CAPITAL PVT LTD 2.50 03/30/29 INR 72.20
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 3.63
RELIANCE INDUSTRIES LTD 3.63 01/12/52 USD 70.23
RELIANCE INDUSTRIES LTD 3.63 01/12/52 USD 69.97
RELIANCE INDUSTRIES LTD 3.75 01/12/62 USD 68.85
RELIANCE INDUSTRIES LTD 3.75 01/12/62 USD 68.71
RENEW FAZILKA SOLAR POWER 0.01 01/26/46 INR 17.48
RENEW MEDAK POWER PVT LTD 0.01 01/26/46 INR 17.75
RENEW MEDAK POWER PVT LTD 0.01 08/29/46 INR 16.96
REWANCHAL SOLAR POWER PVT 0.01 01/26/46 INR 17.75
REWANCHAL SOLAR POWER PVT 0.01 08/29/46 INR 16.96
RIVERIA COMMERCIAL DEVELO 0.01 07/08/31 INR 47.54
RMZ ONE PARAMOUNT PVT LTD 0.10 03/24/29 INR 57.99
SAHIB FINLEASE LTD 1.00 10/29/29 INR 61.39
SAKET HOLIDAYS RESORTS PV 0.01 06/29/30 INR 53.37
SANJWIN CONSULTING SOLUTI 0.01 06/01/28 INR 61.55
SHERISHA ROOFTOP SOLAR SP 0.01 08/12/31 INR 47.42
SHIVAJI MARG MAINTENANCE 0.01 06/28/30 INR 52.99
SHREE UTTAM STEEL & POWER 0.10 07/12/32 INR 46.02
SINTEX INDUSTRIES LTD 3.50 05/25/22 USD 25.38
SKIPPER PLASTICS LTD 1.00 08/16/32 INR 51.41
STPL HORTICULTURE PVT LTD 0.01 03/31/31 INR 58.84
SUNWORLD SOLAR POWER PVT 0.01 01/26/46 INR 17.75
SUNWORLD SOLAR POWER PVT 0.01 08/31/46 INR 16.96
SURBHI INVESTMENTS & TRAD 2.50 10/21/28 INR 73.16
SUTARA ROADS & INFRA LTD 0.01 08/31/30 INR 58.76
SUZLON ENERGY LTD 0.01 06/26/30 INR 48.75
SUZLON ENERGY LTD 5.75 07/16/19 USD 20.81
SUZLON ENERGY LTD 5.75 07/16/19 USD 20.81
SVOGL OIL GAS & ENERGY LT 5.00 08/17/15 USD 0.61
TATA SMARTFOODZ LTD 0.01 04/18/26 INR 74.98
TATA SMARTFOODZ LTD 0.01 06/28/26 INR 73.78
TATA SMARTFOODZ LTD 0.01 08/19/26 INR 72.91
TN URJA PVT LTD 0.10 02/22/36 INR 36.58
UJAGAR ESTATES LTD 0.01 10/20/32 INR 46.62
VENTO ENERGY INFRA PVT LT 0.01 09/20/39 INR 26.36
VIKRANT FORGE PVT LTD 2.00 03/25/33 INR 57.50
WATSUN INFRABUILD PVT LTD 4.00 10/16/37 INR 65.98
YBRANT ENGINEERING & CONS 0.01 05/07/31 INR 51.02
YOGINDERA POWERS LTD 0.01 01/24/42 INR 39.18
JAPAN
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AVANSTRATE INC 0.25 10/29/32 JPY 9.75
CITY OF KOBE JAPAN 0.30 06/18/49 JPY 74.64
DEVELOPMENT BANK OF JAPAN 0.56 11/14/34 EUR 73.71
DEVELOPMENT BANK OF JAPAN 0.57 06/24/60 JPY 73.18
DEVELOPMENT BANK OF JAPAN 0.95 04/15/71 JPY 71.04
DEVELOPMENT BANK OF JAPAN 0.48 12/16/59 JPY 70.80
DEVELOPMENT BANK OF JAPAN 0.89 07/16/70 JPY 68.83
EAST JAPAN RAILWAY CO 0.49 07/23/49 JPY 74.76
EAST JAPAN RAILWAY CO 0.90 07/20/60 JPY 74.61
EAST JAPAN RAILWAY CO 0.77 09/15/34 EUR 74.34
EAST JAPAN RAILWAY CO 1.21 07/15/71 JPY 74.08
EAST JAPAN RAILWAY CO 0.83 04/22/60 JPY 72.94
EAST JAPAN RAILWAY CO 1.18 12/17/71 JPY 72.93
EAST JAPAN RAILWAY CO 1.15 12/18/70 JPY 72.68
EAST JAPAN RAILWAY CO 1.14 04/15/71 JPY 72.17
EAST JAPAN RAILWAY CO 0.77 12/23/59 JPY 71.56
EAST JAPAN RAILWAY CO 1.10 09/15/39 EUR 70.40
EAST JAPAN RAILWAY CO 0.99 04/22/70 JPY 68.22
EAST JAPAN RAILWAY CO 0.50 07/28/56 JPY 67.47
EAST JAPAN RAILWAY CO 0.81 07/23/69 JPY 63.21
HIS CO LTD 0.58 02/19/27 JPY 63.46
JAPAN EXPRESSWAY HOLDING 0.45 09/17/49 JPY 74.88
JAPAN EXPRESSWAY HOLDING 0.94 03/17/56 JPY 74.69
JAPAN EXPRESSWAY HOLDING 0.18 06/20/46 JPY 74.69
JAPAN EXPRESSWAY HOLDING 0.78 03/19/53 JPY 74.54
JAPAN EXPRESSWAY HOLDING 1.02 03/19/58 JPY 74.01
JAPAN EXPRESSWAY HOLDING 0.96 03/19/57 JPY 73.69
JAPAN EXPRESSWAY HOLDING 0.65 03/17/56 JPY 73.42
JAPAN EXPRESSWAY HOLDING 0.84 03/19/55 JPY 73.20
JAPAN EXPRESSWAY HOLDING 0.57 08/31/60 JPY 73.17
JAPAN EXPRESSWAY HOLDING 0.48 08/31/56 JPY 73.08
JAPAN EXPRESSWAY HOLDING 0.97 03/19/60 JPY 72.80
JAPAN EXPRESSWAY HOLDING 0.54 06/30/60 JPY 72.24
JAPAN EXPRESSWAY HOLDING 0.71 03/19/54 JPY 71.98
JAPAN EXPRESSWAY HOLDING 0.29 06/18/49 JPY 71.71
JAPAN EXPRESSWAY HOLDING 0.75 03/19/54 JPY 71.20
JAPAN EXPRESSWAY HOLDING 0.94 03/19/60 JPY 70.76
JAPAN EXPRESSWAY HOLDING 0.44 03/19/54 JPY 70.73
JAPAN EXPRESSWAY HOLDING 0.46 06/30/59 JPY 70.65
JAPAN EXPRESSWAY HOLDING 0.63 03/19/59 JPY 70.34
JAPAN EXPRESSWAY HOLDING 0.84 03/19/58 JPY 70.23
JAPAN EXPRESSWAY HOLDING 0.88 03/19/59 JPY 70.20
JAPAN EXPRESSWAY HOLDING 0.44 10/31/59 JPY 69.92
JAPAN EXPRESSWAY HOLDING 0.43 02/27/60 JPY 69.43
JAPAN EXPRESSWAY HOLDING 0.30 06/30/56 JPY 68.39
JAPAN EXPRESSWAY HOLDING 0.83 03/19/59 JPY 67.74
JAPAN EXPRESSWAY HOLDING 0.35 08/29/59 JPY 67.42
JAPAN FINANCE ORGANIZATIO 0.50 05/29/51 JPY 74.67
JAPAN FINANCE ORGANIZATIO 0.75 09/28/60 JPY 74.14
JAPAN FINANCE ORGANIZATIO 0.54 10/31/53 JPY 73.31
JAPAN FINANCE ORGANIZATIO 0.53 10/28/53 JPY 73.04
JAPAN FINANCE ORGANIZATIO 0.53 10/24/53 JPY 73.03
JAPAN FINANCE ORGANIZATIO 0.58 03/26/55 JPY 72.89
JAPAN FINANCE ORGANIZATIO 0.65 01/28/60 JPY 71.55
JAPAN FINANCE ORGANIZATIO 0.63 04/28/60 JPY 70.75
JAPAN FINANCE ORGANIZATIO 0.63 04/23/60 JPY 70.74
JAPAN FINANCE ORGANIZATIO 0.63 04/30/60 JPY 70.69
JAPAN FINANCE ORGANIZATIO 0.63 04/28/60 JPY 70.62
JAPAN FINANCE ORGANIZATIO 0.49 07/28/56 JPY 69.52
JAPAN FINANCE ORGANIZATIO 2.00 11/27/35 AUD 66.06
JAPAN FINANCE ORGANIZATIO 1.88 10/15/35 AUD 65.14
JAPAN GOVERNMENT FORTY YE 0.50 03/20/59 JPY 73.00
JAPAN GOVERNMENT FORTY YE 0.50 03/20/60 JPY 72.49
JAPAN GOVERNMENT FORTY YE 0.40 03/20/56 JPY 72.33
JAPAN HOUSING FINANCE AGE 0.77 03/19/60 JPY 74.36
KYOTO PREFECTURE 0.30 06/18/49 JPY 74.64
MITSUBISHI ESTATE CO LTD 0.79 06/27/56 JPY 70.95
MITSUBISHI ESTATE CO LTD 1.13 04/18/69 JPY 70.33
MITSUI FUDOSAN CO LTD 1.03 03/17/70 JPY 66.00
MIZUHO SECURITIES CO LTD 2.16 02/01/36 USD 69.02
MIZUHO SECURITIES CO LTD 2.05 12/21/35 USD 68.26
MIZUHO SECURITIES CO LTD 2.02 12/10/35 USD 68.04
NIPPON PROLOGIS REIT INC 1.00 04/15/50 JPY 73.53
OSAKA GAS CO LTD 0.82 06/06/59 JPY 73.05
OSAKA GAS CO LTD 0.40 09/03/49 JPY 72.61
OSAKA GAS CO LTD 0.55 09/05/58 JPY 66.48
OSAKA GAS CO LTD 0.70 09/05/69 JPY 59.55
SOFTBANK GROUP CORP 3.38 07/06/29 EUR 74.44
SOFTBANK GROUP CORP 3.88 07/06/32 EUR 68.49
SUMITOMO MITSUI FINANCIAL 3.05 01/14/42 USD 73.27
SUMITOMO MITSUI FINANCIAL 2.93 09/17/41 USD 69.73
SUMITOMO MITSUI FINANCIAL 2.30 01/12/41 USD 65.84
TAKEDA PHARMACEUTICAL CO 3.18 07/09/50 USD 73.51
TAKEDA PHARMACEUTICAL CO 3.38 07/09/60 USD 72.40
TKJP CORP 0.58 03/26/21 JPY 2.02
TKJP CORP 0.85 03/06/19 JPY 2.02
TKJP CORP 1.02 12/15/17 JPY 0.50
TOHO GAS CO LTD 0.86 04/18/59 JPY 74.33
TOKYO GAS CO LTD 0.88 05/23/59 JPY 74.82
TOKYO GAS CO LTD 0.83 05/28/60 JPY 73.31
TOKYO GAS CO LTD 0.69 12/25/57 JPY 71.17
TOKYO GAS CO LTD 1.09 09/10/70 JPY 70.92
TOKYO GAS CO LTD 0.99 05/28/70 JPY 68.27
TOKYO GAS CO LTD 0.53 09/12/59 JPY 65.25
TOKYO METRO CO LTD 0.91 09/17/60 JPY 74.64
TOKYO METRO CO LTD 0.77 06/27/59 JPY 71.94
TOKYO METRO CO LTD 1.13 01/22/71 JPY 71.87
TOKYO METRO CO LTD 1.09 06/12/70 JPY 70.92
TOKYO METRO CO LTD 1.07 09/18/70 JPY 70.31
TOKYO METRO CO LTD 0.94 01/31/70 JPY 66.63
UNIZO HOLDINGS CO LTD 0.85 05/26/23 JPY 41.17
UNIZO HOLDINGS CO LTD 0.80 11/29/23 JPY 38.45
UNIZO HOLDINGS CO LTD 0.89 05/29/24 JPY 31.04
UNIZO HOLDINGS CO LTD 1.10 11/28/24 JPY 29.03
UNIZO HOLDINGS CO LTD 0.99 11/27/26 JPY 26.99
UNIZO HOLDINGS CO LTD 1.20 05/28/27 JPY 23.71
UNIZO HOLDINGS CO LTD 1.50 11/26/27 JPY 23.58
URBAN RENAISSANCE AGENCY 0.75 03/19/60 JPY 74.01
URBAN RENAISSANCE AGENCY 0.32 06/18/49 JPY 73.36
URBAN RENAISSANCE AGENCY 0.69 03/19/59 JPY 72.42
URBAN RENAISSANCE AGENCY 1.00 06/19/71 JPY 72.26
URBAN RENAISSANCE AGENCY 0.68 03/19/59 JPY 72.15
URBAN RENAISSANCE AGENCY 0.43 03/19/59 JPY 65.49
WEST JAPAN RAILWAY CO 0.86 05/21/60 JPY 73.63
WEST JAPAN RAILWAY CO 0.40 08/27/49 JPY 72.75
WEST JAPAN RAILWAY CO 1.13 04/22/71 JPY 71.80
WEST JAPAN RAILWAY CO 1.10 08/27/70 JPY 71.28
WEST JAPAN RAILWAY CO 1.03 05/21/70 JPY 69.27
KOREA
-----
BUSAN PORT AUTHORITY 1.65 09/06/36 KRW 72.95
BUSAN PORT AUTHORITY 1.85 03/20/40 KRW 70.99
BUSAN PORT AUTHORITY 2.40 10/15/51 KRW 70.39
BUSAN PORT AUTHORITY 2.39 10/08/51 KRW 70.24
BUSAN PORT AUTHORITY 1.65 08/21/40 KRW 68.19
CITIBANK KOREA INC 2.33 08/01/36 KRW 63.05
CJ CGV CO LTD 1.00 06/08/51 KRW 27.11
CJ CGV CO LTD 0.50 07/21/52 KRW 26.04
EXPORT-IMPORT BANK OF KOR 4.73 10/18/32 KRW 73.95
EXPORT-IMPORT BANK OF KOR 2.63 04/25/52 EUR 73.95
EXPORT-IMPORT BANK OF KOR 2.50 06/29/41 USD 73.11
EXPORT-IMPORT BANK OF KOR 2.65 04/07/36 AUD 72.71
EXPORT-IMPORT BANK OF KOR 2.70 12/22/36 AUD 70.91
EXPORT-IMPORT BANK OF KOR 2.51 12/06/49 AUD 56.09
GS CALTEX CORP 2.26 03/03/36 KRW 73.28
HANA BANK 1.86 08/23/39 KRW 75.05
HANA BANK 1.80 08/26/40 KRW 74.29
HANA BANK 1.78 08/23/39 KRW 74.19
HEUNGKUK FIRE & MARINE IN 5.70 12/29/46 KRW 35.74
KOREA DEVELOPMENT BANK/TH 2.55 02/27/49 KRW 76.27
KOREA DEVELOPMENT BANK/TH 1.71 08/09/39 KRW 75.70
KOREA DEVELOPMENT BANK/TH 1.85 09/15/40 KRW 75.41
KOREA DEVELOPMENT BANK/TH 2.50 03/19/49 KRW 75.27
KOREA DEVELOPMENT BANK/TH 2.57 04/01/36 AUD 74.89
KOREA DEVELOPMENT BANK/TH 2.97 10/21/51 KRW 74.49
KOREA DEVELOPMENT BANK/TH 3.24 11/30/41 AUD 73.61
KOREA DEVELOPMENT BANK/TH 2.42 02/15/49 KRW 73.54
KOREA DEVELOPMENT BANK/TH 2.55 09/30/36 AUD 73.48
KOREA DEVELOPMENT BANK/TH 2.75 10/07/51 KRW 73.26
KOREA DEVELOPMENT BANK/TH 3.19 11/26/41 AUD 73.02
KOREA DEVELOPMENT BANK/TH 2.42 05/20/49 KRW 72.78
KOREA DEVELOPMENT BANK/TH 2.40 05/20/49 KRW 71.09
KOREA DEVELOPMENT BANK/TH 2.30 10/11/46 KRW 70.81
KOREA DEVELOPMENT BANK/TH 2.63 07/02/51 KRW 70.41
KOREA DEVELOPMENT BANK/TH 2.78 10/18/41 AUD 69.03
KOREA DEVELOPMENT BANK/TH 2.37 09/29/46 KRW 68.66
KOREA DEVELOPMENT BANK/TH 2.12 06/21/49 KRW 67.35
KOREA DEVELOPMENT BANK/TH 2.30 08/30/51 KRW 67.26
KOREA DEVELOPMENT BANK/TH 2.30 08/30/51 KRW 67.26
KOREA DEVELOPMENT BANK/TH 2.14 06/21/49 KRW 67.23
KOREA DEVELOPMENT BANK/TH 2.55 09/28/41 AUD 66.06
KOREA DEVELOPMENT BANK/TH 2.50 09/28/41 AUD 65.57
KOREA DEVELOPMENT BANK/TH 1.91 09/18/50 KRW 65.43
KOREA DEVELOPMENT BANK/TH 1.86 10/19/50 KRW 64.47
KOREA DEVELOPMENT BANK/TH 2.00 07/31/49 KRW 64.25
KOREA DEVELOPMENT BANK/TH 2.00 08/01/49 KRW 64.05
KOREA DEVELOPMENT BANK/TH 2.00 08/01/49 KRW 64.05
KOREA DEVELOPMENT BANK/TH 1.85 09/24/49 KRW 63.78
KOREA DISTRICT HEATING CO 1.98 04/26/39 KRW 73.35
KOREA DISTRICT HEATING CO 1.88 11/06/39 KRW 71.60
KOREA EAST-WEST POWER CO 2.62 11/03/41 KRW 70.36
KOREA EAST-WEST POWER CO 2.30 11/05/38 KRW 69.88
KOREA EAST-WEST POWER CO 2.56 11/22/41 KRW 69.37
KOREA EAST-WEST POWER CO 2.18 03/07/39 KRW 67.88
KOREA EAST-WEST POWER CO 2.52 11/22/51 KRW 61.45
KOREA EAST-WEST POWER CO 1.78 11/24/40 KRW 61.19
KOREA EAST-WEST POWER CO 1.70 07/16/40 KRW 60.89
KOREA EAST-WEST POWER CO 1.47 10/07/39 KRW 59.45
KOREA EAST-WEST POWER CO 2.23 11/05/48 KRW 59.36
KOREA EAST-WEST POWER CO 2.16 03/07/49 KRW 57.95
KOREA EAST-WEST POWER CO 1.70 07/16/50 KRW 50.30
KOREA EAST-WEST POWER CO 1.42 10/07/49 KRW 46.91
KOREA ELECTRIC POWER CORP 2.30 10/29/48 KRW 68.16
KOREA ELECTRIC POWER CORP 1.71 10/24/49 KRW 58.37
KOREA EXPRESSWAY CORP 2.58 01/21/52 KRW 74.34
KOREA EXPRESSWAY CORP 2.54 12/08/47 KRW 74.04
KOREA EXPRESSWAY CORP 2.15 03/26/41 KRW 73.86
KOREA EXPRESSWAY CORP 2.59 10/28/51 KRW 73.83
KOREA EXPRESSWAY CORP 2.15 04/15/41 KRW 73.62
KOREA EXPRESSWAY CORP 2.07 07/23/41 KRW 72.78
KOREA EXPRESSWAY CORP 2.35 03/17/47 KRW 72.37
KOREA EXPRESSWAY CORP 1.54 07/20/36 KRW 72.35
KOREA EXPRESSWAY CORP 2.31 06/21/47 KRW 72.05
KOREA EXPRESSWAY CORP 2.35 09/21/47 KRW 71.88
KOREA EXPRESSWAY CORP 2.30 02/17/47 KRW 71.81
KOREA EXPRESSWAY CORP 2.43 11/19/51 KRW 70.94
KOREA EXPRESSWAY CORP 2.30 09/14/48 KRW 70.89
KOREA EXPRESSWAY CORP 2.35 12/16/51 KRW 70.68
KOREA EXPRESSWAY CORP 2.40 11/11/51 KRW 70.55
KOREA EXPRESSWAY CORP 2.39 10/14/51 KRW 70.52
KOREA EXPRESSWAY CORP 1.78 04/02/40 KRW 70.15
KOREA EXPRESSWAY CORP 1.73 04/24/40 KRW 69.31
KOREA EXPRESSWAY CORP 2.28 04/08/51 KRW 69.03
KOREA EXPRESSWAY CORP 1.73 11/05/40 KRW 68.84
KOREA EXPRESSWAY CORP 2.30 12/03/51 KRW 68.77
KOREA EXPRESSWAY CORP 2.20 11/22/48 KRW 68.56
KOREA EXPRESSWAY CORP 1.63 06/18/40 KRW 68.49
KOREA EXPRESSWAY CORP 2.20 06/17/51 KRW 68.26
KOREA EXPRESSWAY CORP 2.15 02/22/49 KRW 68.22
KOREA EXPRESSWAY CORP 2.14 03/08/49 KRW 68.04
KOREA EXPRESSWAY CORP 2.13 03/19/49 KRW 67.77
KOREA EXPRESSWAY CORP 2.18 03/11/51 KRW 67.61
KOREA EXPRESSWAY CORP 2.01 05/25/46 KRW 67.55
KOREA EXPRESSWAY CORP 1.58 05/21/40 KRW 67.26
KOREA EXPRESSWAY CORP 2.14 07/09/51 KRW 67.15
KOREA EXPRESSWAY CORP 2.10 09/09/51 KRW 65.83
KOREA EXPRESSWAY CORP 1.90 11/10/46 KRW 65.54
KOREA EXPRESSWAY CORP 2.00 12/07/48 KRW 65.47
KOREA EXPRESSWAY CORP 1.98 04/25/49 KRW 65.14
KOREA EXPRESSWAY CORP 2.04 08/13/51 KRW 65.07
KOREA EXPRESSWAY CORP 1.96 04/11/49 KRW 64.99
KOREA EXPRESSWAY CORP 1.85 10/24/46 KRW 64.97
KOREA EXPRESSWAY CORP 1.86 12/23/50 KRW 62.69
KOREA EXPRESSWAY CORP 1.79 05/30/49 KRW 61.81
KOREA EXPRESSWAY CORP 1.57 08/26/46 KRW 61.28
KOREA EXPRESSWAY CORP 1.81 11/12/50 KRW 61.23
KOREA EXPRESSWAY CORP 1.71 04/09/50 KRW 60.26
KOREA EXPRESSWAY CORP 1.71 10/29/50 KRW 59.65
KOREA EXPRESSWAY CORP 1.52 03/12/50 KRW 57.61
KOREA EXPRESSWAY CORP 1.47 09/25/49 KRW 56.71
KOREA EXPRESSWAY CORP 1.32 08/22/49 KRW 54.65
KOREA GAS CORP 1.77 06/22/36 KRW 74.29
KOREA GAS CORP 1.80 08/22/44 KRW 70.41
KOREA GAS CORP 1.70 11/28/39 KRW 69.19
KOREA GAS CORP 1.66 02/20/40 KRW 68.40
KOREA GAS CORP 1.60 10/17/39 KRW 68.19
KOREA HYDRO & NUCLEAR POW 2.60 11/03/41 KRW 71.05
KOREA HYDRO & NUCLEAR POW 2.49 10/14/41 KRW 69.86
KOREA HYDRO & NUCLEAR POW 2.88 05/11/48 KRW 69.74
KOREA HYDRO & NUCLEAR POW 3.02 03/11/52 KRW 69.61
KOREA HYDRO & NUCLEAR POW 2.97 02/17/52 KRW 69.06
KOREA HYDRO & NUCLEAR POW 2.81 06/05/48 KRW 68.49
KOREA HYDRO & NUCLEAR POW 2.31 06/29/41 KRW 68.06
KOREA HYDRO & NUCLEAR POW 2.47 10/17/47 KRW 64.54
KOREA HYDRO & NUCLEAR POW 1.81 06/05/39 KRW 64.30
KOREA HYDRO & NUCLEAR POW 2.41 09/18/47 KRW 63.90
KOREA HYDRO & NUCLEAR POW 2.59 11/03/51 KRW 63.49
KOREA HYDRO & NUCLEAR POW 1.80 04/02/40 KRW 63.44
KOREA HYDRO & NUCLEAR POW 1.81 04/28/40 KRW 63.34
KOREA HYDRO & NUCLEAR POW 1.76 11/27/39 KRW 63.14
KOREA HYDRO & NUCLEAR POW 1.80 11/23/40 KRW 62.33
KOREA HYDRO & NUCLEAR POW 1.59 10/16/39 KRW 61.61
KOREA HYDRO & NUCLEAR POW 2.45 10/14/51 KRW 61.57
KOREA HYDRO & NUCLEAR POW 1.63 06/15/40 KRW 61.20
KOREA HYDRO & NUCLEAR POW 2.25 10/26/48 KRW 60.48
KOREA HYDRO & NUCLEAR POW 1.57 05/25/40 KRW 60.30
KOREA HYDRO & NUCLEAR POW 2.31 06/29/51 KRW 59.68
KOREA HYDRO & NUCLEAR POW 1.82 06/05/49 KRW 53.47
KOREA HYDRO & NUCLEAR POW 1.83 04/28/50 KRW 53.14
KOREA HYDRO & NUCLEAR POW 1.80 04/02/50 KRW 52.87
KOREA HYDRO & NUCLEAR POW 1.78 11/23/50 KRW 51.78
KOREA HYDRO & NUCLEAR POW 1.70 11/27/49 KRW 51.44
KOREA HYDRO & NUCLEAR POW 1.66 06/15/50 KRW 50.66
KOREA HYDRO & NUCLEAR POW 1.58 10/16/49 KRW 49.90
KOREA HYDRO & NUCLEAR POW 1.59 05/25/50 KRW 49.32
KOREA LAND & HOUSING CORP 3.00 11/04/51 KRW 73.85
KOREA LAND & HOUSING CORP 2.36 01/26/46 KRW 73.65
KOREA LAND & HOUSING CORP 2.45 08/29/48 KRW 73.12
KOREA LAND & HOUSING CORP 2.08 02/23/41 KRW 73.02
KOREA LAND & HOUSING CORP 1.60 09/28/36 KRW 72.25
KOREA LAND & HOUSING CORP 2.32 06/16/47 KRW 72.03
KOREA LAND & HOUSING CORP 2.31 01/18/47 KRW 72.01
KOREA LAND & HOUSING CORP 1.57 09/08/36 KRW 71.74
KOREA LAND & HOUSING CORP 2.29 06/22/47 KRW 71.60
KOREA LAND & HOUSING CORP 1.89 01/22/41 KRW 70.81
KOREA LAND & HOUSING CORP 2.37 10/20/51 KRW 70.18
KOREA LAND & HOUSING CORP 2.33 05/25/51 KRW 69.49
KOREA LAND & HOUSING CORP 1.68 07/02/40 KRW 68.69
KOREA LAND & HOUSING CORP 1.66 08/27/40 KRW 68.10
KOREA LAND & HOUSING CORP 1.61 06/10/40 KRW 67.48
KOREA LAND & HOUSING CORP 2.15 03/05/51 KRW 67.11
KOREA LAND & HOUSING CORP 2.15 09/15/51 KRW 66.74
KOREA LAND & HOUSING CORP 1.83 10/19/46 KRW 64.45
KOREA LAND & HOUSING CORP 1.97 01/29/51 KRW 64.37
KOREA LAND & HOUSING CORP 1.87 05/24/49 KRW 63.13
KOREA LAND & HOUSING CORP 1.61 07/19/46 KRW 62.05
KOREA LAND & HOUSING CORP 1.62 07/27/46 KRW 62.04
KOREA LAND & HOUSING CORP 1.74 01/22/50 KRW 61.52
KOREA LAND & HOUSING CORP 1.78 04/08/50 KRW 61.48
KOREA LAND & HOUSING CORP 1.78 04/29/50 KRW 61.29
KOREA LAND & HOUSING CORP 2.17 10/30/68 KRW 60.56
KOREA LAND & HOUSING CORP 1.70 06/13/49 KRW 60.44
KOREA LAND & HOUSING CORP 1.67 07/07/50 KRW 59.87
KOREA LAND & HOUSING CORP 1.66 09/18/50 KRW 59.31
KOREA LAND & HOUSING CORP 1.65 08/27/50 KRW 59.28
KOREA LAND & HOUSING CORP 1.54 03/09/50 KRW 57.89
KOREA LAND & HOUSING CORP 1.57 05/27/50 KRW 57.62
KOREA LAND & HOUSING CORP 1.28 08/23/49 KRW 54.01
KOREA MIDLAND POWER CO LT 2.70 07/09/38 KRW 74.81
KOREA MIDLAND POWER CO LT 2.47 08/03/37 KRW 73.21
KOREA MIDLAND POWER CO LT 2.83 01/17/42 KRW 72.78
KOREA MIDLAND POWER CO LT 2.30 09/10/38 KRW 69.81
KOREA MIDLAND POWER CO LT 2.24 10/31/38 KRW 69.27
KOREA MIDLAND POWER CO LT 3.01 02/17/52 KRW 68.83
KOREA MIDLAND POWER CO LT 2.19 02/08/39 KRW 68.31
KOREA MIDLAND POWER CO LT 2.87 01/24/52 KRW 66.89
KOREA MIDLAND POWER CO LT 1.96 05/21/39 KRW 65.27
KOREA MIDLAND POWER CO LT 1.92 10/30/39 KRW 64.36
KOREA MIDLAND POWER CO LT 1.75 06/18/39 KRW 63.15
KOREA MIDLAND POWER CO LT 1.66 06/18/40 KRW 60.65
KOREA MIDLAND POWER CO LT 1.59 03/18/40 KRW 60.27
KOREA MIDLAND POWER CO LT 1.64 07/21/40 KRW 60.11
KOREA MIDLAND POWER CO LT 1.66 08/25/40 KRW 60.10
KOREA MIDLAND POWER CO LT 2.26 09/10/48 KRW 59.68
KOREA MIDLAND POWER CO LT 1.53 02/25/40 KRW 59.35
KOREA MIDLAND POWER CO LT 2.17 10/31/48 KRW 58.56
KOREA MIDLAND POWER CO LT 2.17 02/08/49 KRW 58.21
KOREA MIDLAND POWER CO LT 1.99 03/26/49 KRW 55.83
KOREA MIDLAND POWER CO LT 1.95 05/21/49 KRW 54.74
KOREA MIDLAND POWER CO LT 1.86 11/13/49 KRW 53.04
KOREA MIDLAND POWER CO LT 1.72 06/18/49 KRW 51.61
KOREA MIDLAND POWER CO LT 1.69 06/18/50 KRW 50.36
KOREA MIDLAND POWER CO LT 1.53 02/25/50 KRW 47.91
KOREA MINE REHABILITATION 2.06 04/03/40 KRW 72.23
KOREA MINE REHABILITATION 3.20 07/15/40 USD 70.87
KOREA MINE REHABILITATION 1.90 07/13/40 KRW 69.95
KOREA MINE REHABILITATION 3.01 02/26/40 AUD 65.91
KOREA MINE REHABILITATION 2.07 01/06/51 KRW 64.00
KOREA MINE REHABILITATION 1.93 07/15/50 KRW 62.02
KOREA OCEAN BUSINESS CORP 2.01 03/28/49 KRW 65.84
KOREA OCEAN BUSINESS CORP 1.70 04/16/50 KRW 60.12
KOREA OCEAN BUSINESS CORP 1.67 06/16/50 KRW 59.67
KOREA OCEAN BUSINESS CORP 1.69 10/27/50 KRW 59.42
KOREA OCEAN BUSINESS CORP 1.63 12/11/49 KRW 59.20
KOREA OCEAN BUSINESS CORP 1.59 05/22/50 KRW 58.15
KOREA OCEAN BUSINESS CORP 1.50 09/27/49 KRW 57.37
KOREA OVERSEAS INFRASTRUC 1.76 10/28/50 KRW 60.27
KOREA RAIL NETWORK AUTHOR 2.52 05/19/47 KRW 74.18
KOREA RAIL NETWORK AUTHOR 2.42 08/07/47 KRW 73.38
KOREA RAIL NETWORK AUTHOR 2.56 10/26/51 KRW 73.34
KOREA RAIL NETWORK AUTHOR 2.43 04/06/47 KRW 73.16
KOREA RAIL NETWORK AUTHOR 2.55 11/04/51 KRW 73.11
KOREA RAIL NETWORK AUTHOR 2.43 04/20/47 KRW 73.09
KOREA RAIL NETWORK AUTHOR 2.41 06/08/47 KRW 72.39
KOREA RAIL NETWORK AUTHOR 2.35 03/20/47 KRW 72.20
KOREA RAIL NETWORK AUTHOR 2.31 02/14/47 KRW 71.93
KOREA RAIL NETWORK AUTHOR 2.41 11/17/51 KRW 70.61
KOREA RAIL NETWORK AUTHOR 2.28 09/12/48 KRW 70.43
KOREA RAIL NETWORK AUTHOR 2.36 10/08/51 KRW 70.42
KOREA RAIL NETWORK AUTHOR 2.13 04/04/46 KRW 69.66
KOREA RAIL NETWORK AUTHOR 2.20 11/13/48 KRW 68.70
KOREA RAIL NETWORK AUTHOR 1.65 06/24/40 KRW 68.65
KOREA RAIL NETWORK AUTHOR 2.15 07/13/51 KRW 67.41
KOREA RAIL NETWORK AUTHOR 2.10 03/25/51 KRW 66.29
KOREA RAIL NETWORK AUTHOR 1.90 06/13/46 KRW 65.77
KOREA RAIL NETWORK AUTHOR 2.03 08/06/51 KRW 65.18
KOREA RAIL NETWORK AUTHOR 1.93 05/16/49 KRW 64.17
KOREA RAIL NETWORK AUTHOR 1.72 06/28/46 KRW 63.94
KOREA RAIL NETWORK AUTHOR 1.85 11/05/49 KRW 62.82
KOREA RAIL NETWORK AUTHOR 1.75 11/20/49 KRW 61.22
KOREA RAIL NETWORK AUTHOR 1.76 04/23/50 KRW 61.07
KOREA RAIL NETWORK AUTHOR 1.65 02/03/50 KRW 60.06
KOREA RAIL NETWORK AUTHOR 1.64 02/19/50 KRW 59.72
KOREA RAIL NETWORK AUTHOR 1.59 05/21/50 KRW 58.16
KOREA RAIL NETWORK AUTHOR 1.51 10/11/49 KRW 57.50
KOREA RAIL NETWORK AUTHOR 1.46 09/27/49 KRW 56.80
KOREA RAILROAD CORP 2.49 04/12/47 KRW 73.84
KOREA RAILROAD CORP 2.43 03/07/47 KRW 73.55
KOREA RAILROAD CORP 2.40 03/03/47 KRW 72.97
KOREA RAILROAD CORP 2.40 03/21/47 KRW 72.74
KOREA RAILROAD CORP 2.38 07/20/47 KRW 72.58
KOREA RAILROAD CORP 2.39 11/23/46 KRW 72.43
KOREA RAILROAD CORP 1.57 08/09/36 KRW 72.28
KOREA RAILROAD CORP 2.38 09/19/47 KRW 72.27
KOREA RAILROAD CORP 2.38 09/12/47 KRW 72.15
KOREA RAILROAD CORP 2.51 11/05/51 KRW 72.06
KOREA RAILROAD CORP 1.56 08/26/36 KRW 72.02
KOREA RAILROAD CORP 2.35 12/06/46 KRW 71.85
KOREA RAILROAD CORP 2.13 03/13/49 KRW 67.49
KOREA RAILROAD CORP 2.19 04/14/51 KRW 67.21
KOREA RAILROAD CORP 1.94 11/03/46 KRW 66.10
KOREA RAILROAD CORP 2.00 04/05/49 KRW 65.30
KOREA RAILROAD CORP 2.01 04/24/49 KRW 65.26
KOREA RAILROAD CORP 2.04 07/22/51 KRW 65.11
KOREA RAILROAD CORP 1.88 10/27/46 KRW 65.11
KOREA RAILROAD CORP 1.67 04/14/50 KRW 59.52
KOREA RAILROAD CORP 1.59 07/18/49 KRW 59.03
KOREA RAILROAD CORP 1.61 08/12/50 KRW 58.27
KOREA RAILROAD CORP 1.56 03/18/50 KRW 57.94
KOREA RAILROAD CORP 1.47 09/19/49 KRW 56.60
KOREA RAILROAD CORP 1.44 07/26/49 KRW 56.48
KOREA RAILROAD CORP 1.31 08/29/49 KRW 54.24
KOREA SMES AND STARTUPS A 1.84 11/14/39 KRW 71.21
KOREA SMES AND STARTUPS A 1.78 03/20/40 KRW 70.27
KOREA SMES AND STARTUPS A 1.76 09/03/40 KRW 69.21
KOREA SMES AND STARTUPS A 1.64 10/16/40 KRW 67.83
KOREA SMES AND STARTUPS A 1.31 08/09/39 KRW 65.14
KOREA SMES AND STARTUPS A 1.87 03/24/50 KRW 63.32
KOREA SOUTH-EAST POWER CO 2.64 07/26/38 KRW 73.95
KOREA SOUTH-EAST POWER CO 3.13 03/28/52 KRW 71.00
KOREA SOUTH-EAST POWER CO 2.32 11/09/38 KRW 70.02
KOREA SOUTH-EAST POWER CO 2.77 04/12/48 KRW 67.72
KOREA SOUTH-EAST POWER CO 2.60 07/26/48 KRW 65.02
KOREA SOUTH-EAST POWER CO 1.97 01/26/41 KRW 63.35
KOREA SOUTH-EAST POWER CO 1.68 06/26/39 KRW 62.32
KOREA SOUTH-EAST POWER CO 2.47 11/09/51 KRW 60.80
KOREA SOUTH-EAST POWER CO 1.63 06/11/40 KRW 59.96
KOREA SOUTH-EAST POWER CO 2.19 11/09/48 KRW 58.77
KOREA SOUTH-EAST POWER CO 1.96 01/26/51 KRW 53.73
KOREA SOUTH-EAST POWER CO 1.69 06/26/49 KRW 51.15
KOREA SOUTH-EAST POWER CO 1.65 06/11/50 KRW 49.31
KOREA SOUTHERN POWER CO L 2.57 07/07/37 KRW 74.44
KOREA SOUTHERN POWER CO L 2.50 06/16/37 KRW 73.91
KOREA SOUTHERN POWER CO L 2.60 06/03/41 KRW 71.76
KOREA SOUTHERN POWER CO L 2.66 11/04/41 KRW 70.73
KOREA SOUTHERN POWER CO L 2.38 07/28/41 KRW 67.58
KOREA SOUTHERN POWER CO L 1.84 11/20/39 KRW 63.32
KOREA SOUTHERN POWER CO L 2.59 11/04/51 KRW 62.67
KOREA SOUTHERN POWER CO L 2.43 09/28/48 KRW 62.65
KOREA SOUTHERN POWER CO L 1.67 12/19/39 KRW 61.48
KOREA SOUTHERN POWER CO L 1.66 06/18/40 KRW 60.65
KOREA SOUTHERN POWER CO L 1.66 06/25/40 KRW 60.65
KOREA SOUTHERN POWER CO L 1.33 08/13/39 KRW 57.96
KOREA SOUTHERN POWER CO L 1.80 11/20/49 KRW 52.19
KOREA SOUTHERN POWER CO L 1.68 06/25/50 KRW 50.11
KOREA SOUTHERN POWER CO L 1.63 12/19/49 KRW 49.88
KOREA SOUTHERN POWER CO L 1.29 08/13/49 KRW 44.93
KOREA STUDENT AID FOUNDAT 1.69 10/25/36 KRW 73.17
KOREA STUDENT AID FOUNDAT 1.63 09/22/36 KRW 72.88
KOREA STUDENT AID FOUNDAT 1.52 08/25/36 KRW 71.96
KOREA STUDENT AID FOUNDAT 1.52 08/24/36 KRW 71.95
KOREA STUDENT AID FOUNDAT 1.54 09/28/36 KRW 71.81
KOREA STUDENT AID FOUNDAT 1.88 03/25/40 KRW 71.70
KOREA STUDENT AID FOUNDAT 1.41 09/06/39 KRW 66.59
KOREA TREASURY BOND 1.50 09/10/40 KRW 74.36
KOREA TREASURY BOND 1.88 03/10/51 KRW 70.92
KOREA TREASURY BOND 1.13 09/10/39 KRW 70.47
KOREA TREASURY BOND 2.00 09/10/68 KRW 67.07
KOREA TREASURY BOND 1.50 03/10/50 KRW 65.85
KOREA TREASURY BOND 1.63 09/10/70 KRW 57.60
KOREA TREASURY BOND 1.50 09/10/66 KRW 56.37
KOREA WATER RESOURCES COR 2.37 12/18/43 KRW 75.00
KOREA WATER RESOURCES COR 1.76 10/18/36 KRW 73.79
KOREA WATER RESOURCES COR 1.56 08/24/35 KRW 73.52
KOREA WATER RESOURCES COR 2.39 03/24/47 KRW 73.14
KOREA WATER RESOURCES COR 2.41 12/13/46 KRW 72.98
KOREA WATER RESOURCES COR 2.30 02/09/47 KRW 72.05
KOREA WATER RESOURCES COR 1.74 06/14/39 KRW 70.96
KOREA WATER RESOURCES COR 2.94 03/13/48 KRW 70.49
KOREA WATER RESOURCES COR 2.56 05/26/51 KRW 67.75
KOREA WATER RESOURCES COR 1.97 12/20/48 KRW 66.08
KOREA WATER RESOURCES COR 1.83 06/24/46 KRW 65.89
KOREA WATER RESOURCES COR 1.82 06/22/46 KRW 65.67
KOREA WATER RESOURCES COR 1.71 01/10/50 KRW 61.19
KOREA WATER RESOURCES COR 1.68 07/01/49 KRW 60.88
KOREA WATER RESOURCES COR 1.63 07/16/49 KRW 60.13
KOREA WATER RESOURCES COR 1.63 10/21/49 KRW 59.39
KOREA WATER RESOURCES COR 1.54 03/13/50 KRW 57.99
KOREA WESTERN POWER CO LT 2.47 06/23/37 KRW 73.54
KOREA WESTERN POWER CO LT 2.47 07/21/37 KRW 73.28
KOREA WESTERN POWER CO LT 2.51 09/05/37 KRW 73.27
KOREA WESTERN POWER CO LT 2.78 01/24/42 KRW 72.24
KOREA WESTERN POWER CO LT 3.20 03/28/52 KRW 72.08
KOREA WESTERN POWER CO LT 2.27 09/14/38 KRW 70.05
KOREA WESTERN POWER CO LT 2.25 11/01/38 KRW 69.33
KOREA WESTERN POWER CO LT 2.50 11/10/41 KRW 68.82
KOREA WESTERN POWER CO LT 2.81 04/20/48 KRW 68.25
KOREA WESTERN POWER CO LT 2.46 09/28/47 KRW 63.83
KOREA WESTERN POWER CO LT 1.69 06/23/40 KRW 61.02
KOREA WESTERN POWER CO LT 1.68 08/27/40 KRW 60.33
KOREA WESTERN POWER CO LT 2.25 09/14/48 KRW 60.04
KOREA WESTERN POWER CO LT 1.59 05/28/40 KRW 59.61
KOREA WESTERN POWER CO LT 2.20 11/01/48 KRW 58.99
KOREA WESTERN POWER CO LT 1.88 12/22/50 KRW 52.74
KOREA WESTERN POWER CO LT 1.76 11/05/50 KRW 50.77
KOREA WESTERN POWER CO LT 1.68 08/27/50 KRW 49.70
KOREA WESTERN POWER CO LT 1.62 05/28/50 KRW 48.93
KT CORP 2.21 01/14/39 KRW 69.84
KT CORP 1.98 01/25/41 KRW 64.49
KT CORP 1.67 10/11/39 KRW 62.74
KT CORP 1.71 06/15/40 KRW 62.36
LG CHEM LTD 2.22 02/19/36 KRW 73.26
LG ELECTRONICS INC 2.22 02/25/35 KRW 73.82
LG ELECTRONICS INC 2.83 02/09/41 KRW 71.15
LG ELECTRONICS INC 2.66 07/06/40 KRW 68.85
LG UPLUS CORP 2.14 07/02/34 KRW 74.33
LG UPLUS CORP 3.01 01/26/42 KRW 74.04
LG UPLUS CORP 2.94 11/01/41 KRW 73.39
LG UPLUS CORP 2.06 01/21/35 KRW 72.53
LG UPLUS CORP 2.10 02/02/36 KRW 71.16
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
SANUPKIBAN SINBO SECURITI 3.40 02/16/51 KRW 75.28
SANUPKIBANSINBO BUSAN-GIM 1.81 10/01/34 KRW 72.21
SANUPKIBANSINBO BUSAN-GIM 1.83 10/01/36 KRW 68.95
SANUPKIBANSINBO BUSAN-GIM 1.85 10/01/38 KRW 66.01
SANUPKIBANSINBO BUSAN-GIM 1.87 10/01/40 KRW 63.38
SANUPKIBANSINBO BUSAN-GIM 1.89 09/17/41 KRW 62.39
SEOUL METROPOLITAN CITY B 1.85 10/30/49 KRW 70.88
SEOUL METROPOLITAN CITY B 1.69 11/22/49 KRW 67.93
SHINHAN BANK CO LTD 1.80 08/29/39 KRW 70.77
SINBO SECURITIZATION SPEC 5.00 01/29/23 KRW 75.00
SK HYNIX INC 2.38 01/19/31 USD 74.55
SK HYNIX INC 2.38 01/19/31 USD 73.96
SK TELECOM CO LTD 2.24 03/04/36 KRW 73.21
SK TELECOM CO LTD 2.44 09/17/38 KRW 72.43
SK TELECOM CO LTD 2.68 10/28/41 KRW 71.69
SK TELECOM CO LTD 2.23 03/06/39 KRW 69.07
SK TELECOM CO LTD 1.87 01/14/40 KRW 64.08
SK TELECOM CO LTD 1.81 10/22/39 KRW 63.72
SK TELECOM CO LTD 1.89 01/15/41 KRW 63.10
SK TELECOM CO LTD 1.76 10/19/40 KRW 61.80
SK TELECOM CO LTD 1.52 07/29/39 KRW 60.78
SK TELECOM CO LTD 1.56 07/29/49 KRW 49.64
SRI LANKA
---------
SRI LANKA GOVERNMENT BOND 18.00 05/01/27 LKR 74.91
SRI LANKA GOVERNMENT BOND 18.00 01/15/28 LKR 72.42
SRI LANKA GOVERNMENT BOND 10.25 03/15/25 LKR 71.68
SRI LANKA GOVERNMENT BOND 6.00 12/01/24 LKR 69.14
SRI LANKA GOVERNMENT BOND 11.00 08/01/25 LKR 68.89
SRI LANKA GOVERNMENT BOND 9.00 05/01/25 LKR 68.45
SRI LANKA GOVERNMENT BOND 18.00 05/15/31 LKR 68.21
SRI LANKA GOVERNMENT BOND 10.35 10/15/25 LKR 66.86
SRI LANKA GOVERNMENT BOND 18.00 07/01/32 LKR 65.85
SRI LANKA GOVERNMENT BOND 11.00 06/01/26 LKR 63.61
SRI LANKA GOVERNMENT BOND 11.50 08/01/26 LKR 63.16
SRI LANKA GOVERNMENT BOND 9.00 02/01/26 LKR 61.82
SRI LANKA GOVERNMENT BOND 11.40 01/15/27 LKR 61.57
SRI LANKA GOVERNMENT BOND 11.75 06/15/27 LKR 60.55
SRI LANKA GOVERNMENT BOND 13.50 01/01/44 LKR 60.22
SRI LANKA GOVERNMENT BOND 13.50 06/01/44 LKR 60.18
SRI LANKA GOVERNMENT BOND 13.00 01/01/29 LKR 59.48
SRI LANKA GOVERNMENT BOND 13.00 05/01/29 LKR 58.70
SRI LANKA GOVERNMENT BOND 6.75 01/15/26 LKR 57.79
SRI LANKA GOVERNMENT BOND 11.25 12/15/27 LKR 57.08
SRI LANKA GOVERNMENT BOND 11.50 09/01/28 LKR 56.54
SRI LANKA GOVERNMENT BOND 10.75 03/15/28 LKR 56.16
SRI LANKA GOVERNMENT BOND 12.50 03/01/45 LKR 56.07
SRI LANKA GOVERNMENT BOND 10.30 10/15/27 LKR 55.31
SRI LANKA GOVERNMENT BOND 12.00 01/01/41 LKR 54.13
SRI LANKA GOVERNMENT BOND 5.35 03/01/26 LKR 53.70
SRI LANKA GOVERNMENT BOND 13.25 01/01/34 LKR 52.46
SRI LANKA GOVERNMENT BOND 13.25 07/01/33 LKR 51.65
SRI LANKA GOVERNMENT BOND 11.00 05/15/30 LKR 50.89
SRI LANKA GOVERNMENT BOND 9.00 05/01/28 LKR 50.76
SRI LANKA GOVERNMENT BOND 12.00 12/01/31 LKR 50.39
SRI LANKA GOVERNMENT BOND 11.25 03/15/31 LKR 50.26
SRI LANKA GOVERNMENT BOND 9.00 07/01/28 LKR 49.87
SRI LANKA GOVERNMENT BOND 7.80 08/15/27 LKR 49.73
SRI LANKA GOVERNMENT BOND 11.50 03/15/35 LKR 47.42
SRI LANKA GOVERNMENT BOND 11.20 01/15/33 LKR 45.19
SRILANKAN AIRLINES LTD 7.00 06/25/24 USD 44.79
SRI LANKA GOVERNMENT BOND 10.50 08/15/39 LKR 41.88
SRI LANKA GOVERNMENT BOND 10.25 09/15/34 LKR 41.68
SRI LANKA GOVERNMENT BOND 9.00 06/01/43 LKR 40.62
SRI LANKA GOVERNMENT BOND 9.00 10/01/32 LKR 38.87
SRI LANKA GOVERNMENT BOND 9.00 06/01/33 LKR 37.25
SRI LANKA GOVERNMENT BOND 9.00 11/01/33 LKR 36.98
SRI LANKA GOVERNMENT BOND 8.00 01/01/32 LKR 36.64
SRI LANKA GOVERNMENT INTE 6.13 06/03/25 USD 30.97
SRI LANKA GOVERNMENT INTE 6.13 06/03/25 USD 30.96
SRI LANKA GOVERNMENT INTE 6.85 11/03/25 USD 30.21
SRI LANKA GOVERNMENT INTE 6.85 11/03/25 USD 30.19
SRI LANKA GOVERNMENT INTE 5.88 07/25/22 USD 30.08
SRI LANKA GOVERNMENT INTE 6.83 07/18/26 USD 30.06
SRI LANKA GOVERNMENT INTE 6.83 07/18/26 USD 30.05
SRI LANKA GOVERNMENT INTE 5.88 07/25/22 USD 30.04
SRI LANKA GOVERNMENT INTE 5.75 04/18/23 USD 29.82
SRI LANKA GOVERNMENT INTE 5.75 04/18/23 USD 29.45
SRI LANKA GOVERNMENT INTE 6.75 04/18/28 USD 29.33
SRI LANKA GOVERNMENT INTE 6.85 03/14/24 USD 29.32
SRI LANKA GOVERNMENT INTE 6.20 05/11/27 USD 29.30
SRI LANKA GOVERNMENT INTE 6.35 06/28/24 USD 29.29
SRI LANKA GOVERNMENT INTE 7.55 03/28/30 USD 29.29
SRI LANKA GOVERNMENT INTE 6.35 06/28/24 USD 29.21
SRI LANKA GOVERNMENT INTE 7.85 03/14/29 USD 29.21
SRI LANKA GOVERNMENT INTE 6.85 03/14/24 USD 29.20
SRI LANKA GOVERNMENT INTE 7.55 03/28/30 USD 29.12
SRI LANKA GOVERNMENT INTE 6.75 04/18/28 USD 29.11
SRI LANKA GOVERNMENT INTE 6.20 05/11/27 USD 29.11
SRI LANKA GOVERNMENT INTE 7.85 03/14/29 USD 29.04
MALAYSIA
--------
AXIATA SPV5 LABUAN LTD 3.06 08/19/50 USD 69.49
BERJAYA CORP BHD 2.00 05/29/26 MYR 0.23
CAPITAL A BHD 8.00 12/29/28 MYR 0.67
HUME CEMENT INDUSTRIES BH 5.00 05/29/24 MYR 1.27
MALAYAN FLOUR MILLS BHD 5.00 01/24/24 MYR 1.66
MEX I CAPITAL BHD 2.60 01/23/34 MYR 74.25
MEX I CAPITAL BHD 2.60 01/22/35 MYR 71.29
MEX I CAPITAL BHD 2.60 01/21/36 MYR 69.28
MEX I CAPITAL BHD 2.60 01/21/37 MYR 69.05
MEX I CAPITAL BHD 2.60 01/21/39 MYR 65.88
MEX I CAPITAL BHD 2.60 01/21/38 MYR 65.32
MEX I CAPITAL BHD 2.60 01/23/40 MYR 61.55
MEX I CAPITAL BHD 0.10 07/21/42 MYR 30.32
PENGURUSAN AIR SPV BHD 1.00 09/28/35 MYR 62.61
PENGURUSAN AIR SPV BHD 1.00 11/05/35 MYR 62.33
PENGURUSAN AIR SPV BHD 1.00 02/05/36 MYR 62.11
PENGURUSAN AIR SPV BHD 1.00 11/11/36 MYR 59.87
PETRONAS CAPITAL LTD 3.40 04/28/61 USD 74.01
PETRONAS CAPITAL LTD 3.40 04/28/61 USD 73.71
PMB TECHNOLOGY BHD 3.00 07/12/23 MYR 19.80
SCANWOLF CORP BHD 3.00 08/04/26 MYR 0.28
SD INTERNATIONAL SUKUK II 7.00 03/12/25 USD 1.89
SD INTERNATIONAL SUKUK LT 6.30 05/09/22 USD 5.15
YB VENTURES BHD 0.10 09/05/26 MYR 0.04
NEW ZEALAND
-----------
AUCKLAND COUNCIL 2.95 09/28/50 NZD 58.95
HOUSING NEW ZEALAND LTD 1.53 09/10/35 NZD 69.05
NEW ZEALAND GOVERNMENT BO 1.75 05/15/41 NZD 67.38
NEW ZEALAND LOCAL GOVERNM 2.00 04/15/37 NZD 68.17
PHILIPPINES
-----------
BAYAN TELECOMMUNICATIONS 15.00 07/15/06 USD 17.25
GLOBE TELECOM INC 3.00 07/23/35 USD 70.45
PHILIPPINE GOVERNMENT BON 4.63 09/09/40 PHP 73.78
PHILIPPINE GOVERNMENT INT 2.95 05/05/45 USD 73.25
PHILIPPINE GOVERNMENT INT 2.65 12/10/45 USD 68.83
PHILIPPINE GOVERNMENT INT 1.75 04/28/41 EUR 68.58
PLDT INC 3.45 06/23/50 USD 66.66
SINGAPORE
---------
APL REALTY HOLDINGS PTE L 5.95 06/02/24 USD 45.09
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 0.29
BAKRIE TELECOM PTE LTD 11.50 05/07/15 USD 0.29
BLD INVESTMENTS PTE LTD 8.63 03/23/15 USD 6.75
DBS BANK LTD 1.83 04/12/49 EUR 72.05
DBS BANK LTD 1.55 06/07/49 EUR 71.04
DBS BANK LTD 1.42 06/28/49 EUR 66.74
DBS BANK LTD 2.95 10/28/51 AUD 66.22
DBS BANK LTD 1.41 01/23/50 EUR 65.45
DBS BANK LTD 1.15 01/22/50 EUR 63.33
DBS BANK LTD 1.22 02/18/50 EUR 62.90
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 2.17
GOLDEN LEGACY PTE LTD 6.88 03/27/24 USD 1.95
HOUSING & DEVELOPMENT BOA 1.30 12/03/35 SGD 74.54
INDO INFRASTRUCTURE GROUP 2.00 07/30/10 USD 1.00
ITNL OFFSHORE PTE LTD 7.50 01/18/21 CNY 18.76
JGC VENTURES PTE LTD 3.00 06/30/25 USD 41.22
LMIRT CAPITAL PTE LTD 7.25 06/19/24 USD 69.72
LMIRT CAPITAL PTE LTD 7.50 02/09/26 USD 59.84
MICLYN EXPRESS OFFSHORE P 8.75 11/25/18 USD 0.68
MODERNLAND OVERSEAS PTE L 3.00 04/30/27 USD 43.00
MODERNLAND OVERSEAS PTE L 3.00 04/30/27 USD 41.69
NATIONAL ENVIRONMENT AGEN 2.50 09/15/51 SGD 70.57
NOMURA INTERNATIONAL FUND 1.82 05/29/35 EUR 74.62
NOMURA INTERNATIONAL FUND 3.74 04/20/40 USD 74.42
NOMURA INTERNATIONAL FUND 2.45 03/02/31 AUD 74.14
NOMURA INTERNATIONAL FUND 6.25 04/21/37 USD 71.58
NOMURA INTERNATIONAL FUND 6.02 07/20/37 USD 69.35
NOMURA INTERNATIONAL FUND 3.65 06/18/39 AUD 69.05
NOMURA INTERNATIONAL FUND 2.60 06/14/39 KRW 68.17
NOMURA INTERNATIONAL FUND 5.65 11/28/36 USD 67.67
NOMURA INTERNATIONAL FUND 19.50 08/28/28 TRY 67.40
NOMURA INTERNATIONAL FUND 2.31 01/06/36 AUD 63.69
NOMURA INTERNATIONAL FUND 2.31 12/03/35 AUD 63.50
NOMURA INTERNATIONAL FUND 7.65 10/04/37 AUD 62.81
NOMURA INTERNATIONAL FUND 3.17 10/30/44 AUD 60.78
NOMURA INTERNATIONAL FUND 1.38 07/31/44 EUR 60.47
NOMURA INTERNATIONAL FUND 3.90 06/18/50 USD 60.27
NOMURA INTERNATIONAL FUND 2.60 06/14/44 KRW 59.70
NT RIG HOLDCO PTE LTD 7.50 12/31/23 USD 0.25
ORO NEGRO DRILLING PTE LT 7.50 01/24/19 USD 0.41
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 5.55 10/10/16 SGD 12.25
SWIBER HOLDINGS LTD 7.75 09/18/17 CNY 6.13
SWIBER HOLDINGS LTD 7.13 04/18/17 SGD 6.13
TEMASEK FINANCIAL I LTD 2.38 08/02/41 USD 74.86
TEMASEK FINANCIAL I LTD 2.38 08/02/41 USD 74.19
TEMASEK FINANCIAL I LTD 1.25 11/20/49 EUR 73.12
TEMASEK FINANCIAL I LTD 2.75 08/02/61 USD 70.95
TEMASEK FINANCIAL I LTD 2.75 08/02/61 USD 70.92
TEMASEK FINANCIAL I LTD 2.80 08/17/71 SGD 68.86
TEMASEK FINANCIAL I LTD 2.25 04/06/51 USD 67.32
TEMASEK FINANCIAL I LTD 2.25 04/06/51 USD 66.29
TEMASEK FINANCIAL I LTD 2.50 10/06/70 USD 65.15
TEMASEK FINANCIAL I LTD 2.50 10/06/70 USD 64.68
THETA CAPITAL PTE LTD 6.75 10/31/26 USD 64.95
THAILAND
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G STEEL PCL 3.00 10/04/15 USD 0.80
GC TREASURY CENTER CO LTD 4.30 03/18/51 USD 73.03
GC TREASURY CENTER CO LTD 4.30 03/18/51 USD 73.00
MDX PCL 4.75 09/17/03 USD 22.88
PTT TREASURY CENTER CO LT 3.70 07/16/70 USD 65.59
PTT TREASURY CENTER CO LT 3.70 07/16/70 USD 65.48
PTTEP TREASURY CENTER CO 3.90 12/06/59 USD 70.89
PTTEP TREASURY CENTER CO 3.90 12/06/59 USD 70.78
THAILAND GOVERNMENT BOND 1.88 06/17/49 THB 67.76
THAILAND GOVERNMENT BOND 2.50 06/17/71 THB 63.45
THAIOIL TREASURY CENTER C 3.75 06/18/50 USD 66.50
THAIOIL TREASURY CENTER C 3.75 06/18/50 USD 66.32
THAIOIL TREASURY CENTER C 3.50 10/17/49 USD 64.04
THAIOIL TREASURY CENTER C 3.50 10/17/49 USD 63.76
TAIWAN
------
TAIWAN GOVERNMENT BOND 0.38 11/27/50 TWD 72.63
TAIWAN SEMICONDUCTOR MANU 3.10 09/23/51 USD 74.03
TAIWAN SEMICONDUCTOR MANU 2.70 09/22/60 USD 63.06
VIETNAM
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BIM LAND JSC 7.38 05/07/26 USD 59.30
NO VA LAND INVESTMENT GRO 5.25 07/16/26 USD 42.59
VIETNAM BANK FOR SOCIAL P 2.50 07/13/36 VND 74.39
VIETNAM BANK FOR SOCIAL P 2.50 08/10/36 VND 74.28
VIETNAM BANK FOR SOCIAL P 2.50 08/17/36 VND 74.26
VIETNAM GOVERNMENT BOND 2.40 01/14/36 VND 74.28
VIETNAM GOVERNMENT BOND 2.50 04/15/36 VND 74.04
VIETNAM GOVERNMENT BOND 2.40 06/10/36 VND 73.73
VIETNAM GOVERNMENT BOND 2.50 05/12/37 VND 73.28
VIETNAM GOVERNMENT BOND 2.30 08/12/36 VND 72.46
VIETNAM GOVERNMENT BOND 2.30 11/25/36 VND 72.07
VIETNAM GOVERNMENT BOND 2.20 09/09/36 VND 72.01
VIETNAM GOVERNMENT BOND 2.30 01/06/37 VND 71.86
VIETNAM GOVERNMENT BOND 2.80 01/14/41 VND 71.52
VIETNAM GOVERNMENT BOND 2.70 11/25/41 VND 69.24
VIETNAM GOVERNMENT BOND 2.70 01/06/42 VND 69.12
VIETNAM GOVERNMENT BOND 3.20 10/15/50 VND 67.58
VIETNAM GOVERNMENT BOND 3.10 01/14/51 VND 67.54
VIETNAM GOVERNMENT BOND 2.90 08/26/51 VND 64.28
VIETNAM GOVERNMENT BOND 2.90 01/13/52 VND 63.62
VINPEARL JSC 3.25 09/21/26 USD 73.43
*********
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-
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Marites O. Claro, Joy A. Agravante, Rousel Elaine T. Fernandez,
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