/raid1/www/Hosts/bankrupt/TCRAP_Public/231114.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, November 14, 2023, Vol. 26, No. 228

                           Headlines



A U S T R A L I A

ALLIED CREDIT 2022-1: Moody's Ups Rating on Class F Notes to Ba3
AVR LAB: First Creditors' Meeting Set for Nov. 17
CB ALLEN: First Creditors' Meeting Set for Nov. 17
EAST ENERGY: Second Creditors' Meeting Set for Nov. 16
HERE AND EVERYWHERE: First Creditors' Meeting Set for Nov. 15

JKN RHODES: Second Creditors' Meeting Set for Nov. 16
LIBERTY FUNDING 2023-4: Moody's Gives (P)B2 Rating to Cl. F Notes


C H I N A

COUNTRY GARDEN: Contracted Sales Remain at Deflated Level
COUNTRY GARDEN: Struggled to Pay Bills Long Before Rescue Talks
NAN HAI: Will Delist in Hong Kong Bourse on November 16
[*] CHINA: Under-Developed CDS Market Worsens Real Estate Pain


I N D I A

AKASH PET: CARE Keeps C Debt Rating in Not Cooperating Category
ANTARIKSH INFRA: CRISIL Reaffirms B+ Rating on INR25.5cr Loan
BALAJI ENGINEERING: CARE Keeps D Debt Rating in Not Cooperating
BALAJI OVERSEAS: CRISIL Moves D Debt Ratings to Not Cooperating
BYJU'S: Lenders Win Fight Over Loan Default, Control of Unit

CYBERWALK TECH: ICRA Withdraws D Rating on INR60.55cr Term Loan
DASHRATH SINGH: CARE Keeps D Debt Ratings in Not Cooperating
DEEPAK BUILDERS: CRISIL Withdraws B+ Rating on INR20cr Loan
DMG AGRO: CRISIL Assigns C Ratings to INR4.31cr Proposed LT Loan
FUTURE ENTERPRISES: Jindal Group Emerges as Sole Bidder

GIRIRAJ JEWELLERS: ICRA Keeps D Debt Ratings in Not Cooperating
GURUVAYOOR INFRA: ICRA Lowers Rating on INR212cr Term Loan to B-
K.K.R. AGRO: CARE Keeps D Debt Ratings in Not Cooperating Category
KVC ENERGIES: CRISIL Assigns B Rating to INR30cr New LT Loan
M S V CONSTRUCTIONS: CRISIL Moves D Ratings to Not Cooperating

MA CHANDI: CARE Keeps D Debt Ratings in Not Cooperating Category
MANIPUR TEA: CRISIL Withdraws B- Rating on INR4.80cr Cash Loan
MEDICON LEATHER: CRISIL Moves D Debt Rating to Not Cooperating
NANDINI FITNESS: ICRA Keeps D Debt Rating in Not Cooperating
NORTH WESTERN: ICRA Keeps D Debt Rating in Not Cooperating

PADMAJA PACKAGING: CRISIL Assigns B Rating to INR32cr Term Loan
PAWAN EDIFICE: CARE Keeps D Debt Rating in Not Cooperating
PR CASTALLOYS: Creditors' Proofs of Debt Due on Dec. 1
RAGHU RAMA: ICRA Reaffirms B+ Rating on INR12.0cr LT Cash Loan
RUCHI GLOBAL: ICRA Keeps D Debt Ratings in Not Cooperating

SHRINET AND SHANDILYA: ICRA Keeps C+ Ratings in Not Cooperating
SHUBH PLY: CARE Keeps D Debt Ratings in Not Cooperating Category
SIDDARTH ORGANISATION: ICRA Keeps C Rating in Not Cooperating
SRINIVASA EDUCATIONAL: ICRA Moves D Rating to Not Cooperating
SUNWORLD RESIDENCY: ICRA Keeps D Debt Rating in Not Cooperating

TATA MOTORS: Moody's Ups CFR & Senior Unsecured Debt Rating to Ba3
TRIDENT TEXOFAB: CRISIL Lowers Rating on INR13.25cr Loan to D
VALLABH STEELS: CRISIL Keeps D Debt Ratings in Not Cooperating


J A P A N

RENESAS ELECTRONICS: INCJ Sells US$1.8 Billion of Renesas Shares


N E W   Z E A L A N D

INCA NEWMARKET: Award-Winning Restaurant Closes Doors
MALOTIA LIMITED: Court to Hear Wind-Up Petition on Nov. 21
OUTSMART HUB: Creditors' Proofs of Debt Due on Dec. 12
PHOENIX LAW: Court to Hear Wind-Up Petition on Nov. 21
SIGNUM HOLDINGS: Creditors' Proofs of Debt Due on Dec. 6

SMART AUTO: Creditors' Proofs of Debt Due on Dec. 15


S I N G A P O R E

APEX FUTURE: Court to Hear Wind-Up Petition on Nov. 20
ARCHWEY PTE: Court Enters Wind-Up Order
CRYSTAL-MOVEON: Court to Hear Wind-Up Petition on Nov. 17
NASACO ELECTRONICS: Creditors' Proofs of Debt Due on Dec. 10
SYNERGY-BIZ PTE: Court to Hear Wind-Up Petition on Nov. 20

VINS MASTERZ: Court to Hear Wind-Up Petition on Nov. 24


X X X X X X X X

[*] BOND PRICING: For the Week Nov. 6, 2023 to Nov. 10, 2023

                           - - - - -


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

ALLIED CREDIT 2022-1: Moody's Ups Rating on Class F Notes to Ba3
----------------------------------------------------------------
Moody's Investors Service has upgraded ratings on five classes of
notes issued by Allied Credit ABS Trust 2022-1.

Issuer: Allied Credit ABS Trust 2022-1

Class B Notes, Upgraded to Aa1 (sf); previously on Dec 6, 2022
Definitive Rating Assigned Aa2 (sf)

Class C Notes, Upgraded to Aa3 (sf); previously on Dec 6, 2022
Definitive Rating Assigned A2 (sf)

Class D Notes, Upgraded to A3 (sf); previously on Dec 6, 2022
Definitive Rating Assigned Baa2 (sf)

Class E Notes, Upgraded to Baa3 (sf); previously on Dec 6, 2022
Definitive Rating Assigned Ba2 (sf)

Class F Notes, Upgraded to Ba3 (sf); previously on Dec 6, 2022
Definitive Rating Assigned B2 (sf)

RATINGS RATIONALE

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

Following the October 2023 payment date, the note subordination
available for the Class B, Class C, Class D, Class E and Class F
Notes has increased to 20.6%, 16.6%, 13.1%, 9.6% and 6.6%
respectively, from 16.5%, 13.3%, 10.5%, 7.7% and 5.3% at closing.

As of end-September 2023, 0.7% of the outstanding pool was 30-plus
day delinquent and 0.1% was 90-plus day delinquent. The portfolio
has incurred 0.2% (as a percentage of original pool) of net losses
to date, all of which have been covered by excess spread.

Based on the observed performance to date and loan attributes,
Moody's has maintained its expected default assumption at 5.2% of
the current pool balance (equivalent to 4.0% of the original pool
balance). Moody's has lowered the Aaa portfolio credit enhancement
to 22% from 25% at closing.

The transaction is a securitisation of loans backed by motorcycle,
marine and other assets originated by Allied Credit Pty Ltd.

The principal methodology used in these ratings was "Moody's Global
Approach to Rating Auto Loan- and Lease-Backed ABS" published in
November 2022.

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

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

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

AVR LAB: First Creditors' Meeting Set for Nov. 17
-------------------------------------------------
A first meeting of the creditors in the proceedings of The AVR Lab
Australia Pty Ltd will be held on Nov. 17, 2023, at 11:00 a.m. via
virtual meeting technology.

David Coyne of BRI Ferrier was appointed as administrator of the
company on Nov. 8, 2023.


CB ALLEN: First Creditors' Meeting Set for Nov. 17
--------------------------------------------------
A first meeting of the creditors in the proceedings of CB Allen
Plumbing Services Pty Limited ATF CB Allen Plumbing Trust will be
held on Nov. 17, 2023, at 10:00 a.m. via virtual meeting.

Bruce Gleeson and Daniel Robert Soire of Jones Partners Insolvency
& Restructuring were appointed as administrators of the company on
Nov. 7, 2023.


EAST ENERGY: Second Creditors' Meeting Set for Nov. 16
------------------------------------------------------
A second meeting of creditors in the proceedings of East Energy
Resources Limited has been set for Nov. 16, 2023, at 11:00 a.m. via
virtually.

The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Nov. 15, 2023, at 11:00 a.m.

John Bumbak and Richard Tucker of KordaMentha were appointed as
administrators of the company on Oct. 12, 2023.


HERE AND EVERYWHERE: First Creditors' Meeting Set for Nov. 15
-------------------------------------------------------------
A first meeting of the creditors in the proceedings of Here and
Everywhere Pty Ltd (Formerly Known as Alpha 60 Pty. Ltd.)  will be
held on Nov. 15, 2023, at 11:00 a.m. via Zoom Videoconferencing
Facility.

Grahame Ward and Domenic Calabretta of Mackay Goodwin were
appointed as administrators of the company on Nov. 7, 2023.


JKN RHODES: Second Creditors' Meeting Set for Nov. 16
-----------------------------------------------------
A second meeting of creditors in the proceedings of JKN RHODES
STREET PTY LTD has been set for Nov. 16, 2023, at 11:00 a.m. at the
offices of Ferrier Silvia, at Suite 902, Level 9, 70 Pitt Street,
in Sydney, NSW and virtually via Zoom video conference facility.

The purpose of the meeting is (1) to receive the report by the
Administrator about the business, property, affairs and financial
circumstances of the Company; and (2) for the creditors of the
Company to resolve whether the Company will execute a deed of
company arrangement, the administration should end, or the Company
be wound up.

Creditors wishing to attend are advised proofs and proxies should
be submitted to the Administrator by Nov. 15, 2023, at 5:00 p.m.

Geoffrey Peter Granger and Brian Raymond Silvia of Ferrier Silvia
were appointed as administrators of the company on July 26, 2023.



LIBERTY FUNDING 2023-4: Moody's Gives (P)B2 Rating to Cl. F Notes
-----------------------------------------------------------------
Moody's Investors Service has assigned the following provisional
ratings to notes to be issued by Liberty Funding Pty Ltd in respect
of Liberty Series 2023-4.

Issuer: Liberty Funding Pty Ltd in respect of Liberty Series
2023-4

AUD562.5 million Class A1 Notes, Assigned (P)Aaa (sf)

AUD132.0 million Class A2 Notes, Assigned (P)Aaa (sf)

AUD22.5 million Class B Notes, Assigned (P)Aa1 (sf)

AUD13.2 million Class C Notes, Assigned (P)A2 (sf)

AUD2.4 million Class D Notes, Assigned (P)Baa2 (sf)

AUD7.5 million Class E Notes, Assigned (P)Ba2 (sf)

AUD1.5 million Class F Notes, Assigned (P)B2 (sf)

The AUD8.4 million Class G Notes are not rated by Moody's.

The transaction is a securitisation of first-ranking mortgage loans
secured over residential properties located in Australia. The loans
were originated and are serviced by Liberty Financial Pty Ltd
(Liberty, unrated). Liberty is an Australian non-bank lender that
started originating non-conforming residential mortgages in 1997.
It subsequently expanded into prime residential mortgage
origination, as well as auto loans, small commercial mortgage loans
and personal loans. As of June 2023, Liberty had total receivables
of AUD13.5 billion.

RATINGS RATIONALE

The provisional ratings take into account, among other factors:

-- Evaluation of the underlying receivables and their expected
performance;

-- Evaluation of the capital structure and credit enhancement
provided to the notes;

-- The liquidity facility in the amount of 2.0% of the note
balance subject to a floor of AUD750,000;

-- The experience of Liberty as the servicer; and

-- The presence of Perpetual Trustee Company Limited as the
back-up servicer.

According to Moody's, the transaction benefits from credit
strengths such as subordination to the Class A1 and Class A2 Notes
in excess of the Moody's individual loan analysis (MILAN) stressed
loss. However, Moody's notes that the transaction features some
credit weaknesses such as exposure to 12.5% of loans with a
scheduled LTV above 80.0%, and exposure to loans to self-employed
borrowers (37.1%).

Moody's MILAN stressed loss for the collateral pool —
representing the loss that Moody's expects the portfolio to suffer
in the event of a severe recession scenario — is 4.9%. Moody's
median expected loss for this transaction is 0.9%, which represents
a stressed, through-the-cycle loss relative to Australian
historical data.

The key transactional features are as follows:

-- The notes benefit from a guarantee fee reserve available to
cover losses arising from the portfolio and shortfalls in interest
payments on the notes. Unfunded at closing, the reserve will build
up through the trapping of excess spread up to a maximum of
AUD2,250,000, equivalent to 0.30% of the initial invested amount of
the notes.

-- The notes will be initially repaid sequentially. The Class A2
to Class F Notes will start receiving their pro-rata share of
principal collections if certain step down conditions are satisfied
on or after the payment date in November 2025. The step down
conditions include, among others, no unreimbursed charge-offs and
the subordination to the Class A2 Notes at least doubling since
closing. While the Class G Notes do not receive principal payments
until the other notes are fully repaid, once the step down
conditions are satisfied, their pro-rata share of principal
collections will be allocated in a reverse sequential order,
starting from the Class F Notes. The principal paydown will revert
to sequential pay once the aggregate invested amount of all notes
is less than or equal to 20.0% of the aggregate initial invested
amount of all notes on the issue date, or following the payment
date in November 2027.

Key pool features are as follows:

-- The portfolio has a weighted-average seasoning of 12.9 months.

-- The portfolio has a weighted average scheduled LTV ratio of
64.5%, with a relatively high proportion of loans with a scheduled
LTV ratio above 80.0% (12.5%) and above 90% (2.0%).

-- Around 37.1% of the loans in the portfolio were extended to
self-employed borrowers.

-- Based on Moody's classifications, 23.5% of the loans in the
portfolio were extended on an alternative documentation basis with
further 0.1% on low documentation basis.

Methodology Underlying the Rating Action:

The principal methodology used in these ratings was "Residential
Mortgage-Backed Securitizations methodology" published in October
2023.

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

Levels of credit protection that are greater than necessary to
protect investors against current expectations of loss could lead
to an upgrade of the ratings. Moody's expectations of loss could
improve from its original expectations because of fewer defaults by
underlying obligors or higher recoveries on defaulted loans. The
Australian job market and the housing market are primary drivers of
performance.

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



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

COUNTRY GARDEN: Contracted Sales Remain at Deflated Level
---------------------------------------------------------
South China Morning Post reports that Country Garden on Nov. 10
reported that its October sales remained near a punishing low
established in September amid a collapse of buyer confidence that
has pummelled the entire property market.

Contracted sales in October reached CNY6.31 billion (US$865
million), the Post discloses citing a filing with the Hong Kong
stock exchange. That is 2 per cent higher than September's CNY6.17
billion, which was the lowest point of the year for the company
that was once mainland China's largest private property developer.

The depressed sales could pose a challenge to Country Garden's
efforts to restructure its offshore debt by the end of the year or
early next year, the Post notes. The developer hopes to start
formal negotiations with offshore bondholders by February or March
next year, according to a Reuters report.

Country Garden is deemed to be in default after missing a coupon
payment of US$15.4 million on a dollar-denominated bond in October,
the Post says.

According to the Post, Country Garden's sales trend this year
reflects the developer's fortunes as well as those of the wider
property market in the world's second-largest economy.

From January to April, Country Garden's sales ranged from CNY22.01
billion to CNY25.01 billion per month, according to previous
exchange statements. In the May to July period, sales plummeted,
ranging from CNY12.07 billion to CNY18.20 billion. Then the trough
got even deeper, with August sales falling to CNY7.98 billion and
setting the stage for the low point in September, the Post
discloses.

On Nov. 8, Ping An Insurance (Group) denied a Reuters report,
citing sources, that the government had asked Ping An to play the
hero and take over Country Garden. That would mean assuming debts
of CNY257.9 billion as of the end of June, according to the
developer's interim report.

Of that amount, about CNY119 billion was in foreign currencies,
including US dollars and Hong Kong dollars, mostly in senior notes
and corporate bonds. The company's total liabilities stood at
CNY1.3 trillion versus CNY1.43 trillion at the end of 2022, the
Post discloses.

                        About Country Garden

Country Garden Holdings Company Limited --
https://www.countrygarden.com.cn/en/home -- an investment holding
company, invests, develops, and constructs real estate properties
primarily in Mainland China. The company operates in two segments,
Property Development and Construction. It develops residential
projects, such as townhouses and condominiums; and car parks and
retail shops. The company also develops, operates, and manages
hotels. In addition, it researches and develops robots; sells
electronic hardware and food; and provides interior decoration,
agriculture, landscape design, investment and management
consulting, cultural activity planning, and real estate consulting
services.

As reported in the Troubled Company Reporter-Asia Pacific in
September 2023, Moody's Investors Service has downgraded Country
Garden Holdings Company Limited's corporate family rating to Ca
from Caa1 and its senior unsecured rating to C from Caa2. The
outlook remains negative.

"The rating downgrades with negative outlook reflect Country
Garden's tight liquidity and heightened default risk, as well as
the likely weak recovery prospects for the company's bondholders,"
said Kaven Tsang, a Moody's Senior Vice President.


COUNTRY GARDEN: Struggled to Pay Bills Long Before Rescue Talks
---------------------------------------------------------------
Reuters reports that when China's largest developer Country Garden
first skipped debt payments in August, its shares tumbled 14%,
marking a reversal of fortunes: from industry poster child to
another troubled property company struggling to pay its creditors.

The same month, Chinese authorities quietly started talks with Ping
An asking the insurance group to take a controlling stake in the
developer, according to a Reuters report that was denied by Ping
An.

Interviews with contractors, workers and home buyers, as well as a
review of lawsuits involving Country Garden, show that for months
before its problems became public, the company was struggling to
deliver homes and pay contractors on time, Reuters says.

Until the middle of this year, the company was seen by most
investors and home buyers as a beacon of strength in a real estate
sector grappling with ballooning debt, tighter regulations and
slumping sales. It was one of the few developers able to issue
state-guaranteed onshore bonds last year and get credit lines from
banks in early 2023.

China, the world's second-largest economy, has struggled to recover
from COVID shutdowns and issues with its giant property sector.
Country Garden's woes highlight the challenge Beijing faces as it
seeks to engineer a rescue plan for the company and improve
conditions for the wider industry.

"Nobody believed that Country Garden would fail. One important
reason is that it seemed to have the implicit guarantee from the
state," the Economist Intelligence Unit's Xu Tianchen told
Reuters.

Observers believed Country Garden, which has liabilities of around
$190 billion and more than 3,000 projects under development, was
"good enough and big enough to escape a default or a collapse," he
added.

Examples of Country Garden's earlier financial strains, reported by
Reuters for the first time, include: A valve supplier unpaid since
2022; a steel provider partially paid with apartments; homeowners
and workers reporting projects stalled from as early as January;
and a Country Garden subsidiary which told a court earlier this
year it was "insolvent and overwhelmed."

Lawsuits involving Country Garden and its contractors, including
disputes over delayed construction and missing payments, have
jumped to a record 459 cases this year, Reuters discloses citing
data compiled by EIU's Xu.

After its default, Country Garden has stressed that delivery of
homes will remain its top priority, saying last week it had
delivered around 460,000 units in the first 10 months of 2023,
Reuters notes.

In July, only weeks before it skipped debt payments, Country Garden
launched a campaign on its WeChat channel titled "Beautiful
Delivery", showcasing newly built apartments and happy homeowners.
Some of the projects, it said, were even delivered ahead of
schedule.

While disputes and delays are par for the course for any large
developer, and data in China is often incomplete, the court
documents shed light on a contrast between the image Country Garden
presented publicly and some of its challenges behind closed doors,
according to Reuters.

In a case over alleged delayed delivery of apartments in the
central megacity Chongqing, the local Country Garden subsidiary
told the court it owed CNY60 million ($8.2 million) in project
payments and "faced severe financial losses and was unable to cover
its liabilities", according to a verdict handed down in June,
recalls Reuters.

It said it was, "insolvent and overwhelmed, and even if the court
reduced the damages at its own discretion, it may still be hard for
the defendant to fulfill its obligations in the future."

Reuters relates that other court cases feature similar examples
from last year and early this year: They involve sums as small as
CNY267,475 in arrears for 50% of an elevator installation fee or
CNY2.8 million demanded by an electrical installation company.

Some large contractors decided to skip the court process
altogether, according to a steel supplier based in south China. He
told Reuters "the priority for us is to get our money back through
negotiations instead of filing a lawsuit, which is very
time-consuming and won't necessarily yield a satisfactory result."

Country Garden owed the supplier, who did not want to be identified
due to the sensitivity of the situation, an equivalent of several
million dollars for reinforced steel bars, Reuters relays.

He was promised half of the owed amount in unfinished apartments.
The other half was to be paid in cash, but the supplier has so far
only received a quarter of the payment.

"The situation deteriorated from the second half of 2022, and it's
become even worse from the start of this year, when the payment to
us was delayed," said the supplier.

                        About Country Garden

Country Garden Holdings Company Limited --
https://www.countrygarden.com.cn/en/home -- an investment holding
company, invests, develops, and constructs real estate properties
primarily in Mainland China. The company operates in two segments,
Property Development and Construction. It develops residential
projects, such as townhouses and condominiums; and car parks and
retail shops. The company also develops, operates, and manages
hotels. In addition, it researches and develops robots; sells
electronic hardware and food; and provides interior decoration,
agriculture, landscape design, investment and management
consulting, cultural activity planning, and real estate consulting
services.

As reported in the Troubled Company Reporter-Asia Pacific in
September 2023, Moody's Investors Service has downgraded Country
Garden Holdings Company Limited's corporate family rating to Ca
from Caa1 and its senior unsecured rating to C from Caa2. The
outlook remains negative.

"The rating downgrades with negative outlook reflect Country
Garden's tight liquidity and heightened default risk, as well as
the likely weak recovery prospects for the company's bondholders,"
said Kaven Tsang, a Moody's Senior Vice President.

NAN HAI: Will Delist in Hong Kong Bourse on November 16
-------------------------------------------------------
South China Morning Post reports that Beijing-headquartered
developer Nan Hai said it would cease to be listed on the Hong Kong
stock exchange as of November 16, according to a filing.

The Post relates that trading in Nan Hai's shares has been
suspended since April 2022, and the company said a request to
extend a deadline to review the delisting decision was rejected by
Hong Kong Exchanges and Clearing, the city's bourse operator.

Nan Hai added that shareholders "who have any queries about the
implications of the cancellation of listing of the shares are
advised to obtain appropriate professional advice," the Post
relays.

In June last year, Nan Hai said creditors were freezing some of its
assets after it failed to meet part of its financial obligations
for its US$350 million notes, the Post recalls. Unaudited revenue
from Nan Hai's cinemas plunged more than 70 per cent in 2020 and
2021, while real estate sales fell 35 per cent in 2020, widening to
a 50 per cent slump in 2021, the Post discloses citing the
company's financial reports.


[*] CHINA: Under-Developed CDS Market Worsens Real Estate Pain
--------------------------------------------------------------
Bloomberg News reports that after a major default, investor
attention usually turns to the potential payout from credit default
swaps, a type of security that acts as insurance against
bankruptcy. But when one of China's biggest property developers
missed a coupon on its bonds late last month, few bothered to check
whether there would be any money up for grabs.

That's because China's CDS market is much less developed than in
most major economies, meaning that many of the investors that
bought Country Garden Holdings Ltd's $10 billion of dollar bonds
did so without hedging against default, Bloomberg says. The
outstanding volume of swaps is so minuscule that the panel of
dealers and investors which oversees the global CDS market ruled
this week that it isn't worth holding an auction to determine the
size of a payout. Contracts will be settled bilaterally between
buyers and sellers instead.

According to Bloomberg, the lack of insurance is a further blow to
investors who have faced a string of defaults in recent months as
Chinese property firms struggle to pay back money borrowed when
interest rates were much lower. The nation's real estate developers
still have around $160 billion in outstanding dollar bonds and not
a single firm is included on a global list of 806 liquid CDS
securities compiled by the Depository Trust & Clearing
Corporation.

Resolving the collapse of China's property market behemoths could
take years, according to Carlos Casanova, a senior economist at
Union Bancaire Privee in Hong Kong, and it's likely to prove
painful, Bloomberg relays. "The restructuring of real estate sector
debt will inevitably entail on-going defaults," he said.

According to Bloomberg, credit default swaps never took off in Asia
like they did in the US and Europe. In the early 2000s, China tried
to build its own risk mitigation market, with securities that
underpinned onshore bonds, but the market was fragmented and demand
was weak for the instruments that function best in transparent,
liquid markets.

Later, as China attempted to comply more with international
standards, it tried to establish a CDS market for foreign-currency
bonds but there wasn't much interest since the volume of
outstanding dollar debt was still quite small, Bloomberg relates.
When that debt load suddenly ballooned in the past decade, China's
low default rate meant that it didn't matter much to investors that
there was no safety net.

As defaults pick up around the world due to rising interest rates,
hedging is providing a lifeline for many investors, Bloomberg says.
When French grocer Casino Guichard Perrachon SA defaulted on some
coupon payments earlier this year, creditors who had bought CDS
linked to the debt managed to recover 99% of the face value of
their investment.

Investors in defaulted Chinese real estate issuers such as
Sino-Ocean Group Holding Ltd, Powerlong Real Estate Holdings Ltd
and Shimao Group Holdings Ltd weren't so fortunate, according to
Bloomberg. In all three cases, the outstanding CDS volumes were so
low that, as with Country Garden, no auction was held to determine
a payout.

According to Bloomberg, holders of higher-quality Asian corporate
debt can hedge using the Markit iTraxx Asia ex-Japan index which
tracks CDS of 40 large investment-grade corporate and sovereign
issuers in the region, but that doesn't work as protection against
high-yield bonds.

Some funds resort to using equity options as an alternative source
of protection, according to investors interviewed by Bloomberg
News. But that strategy also has its limits since shares of Chinese
developers are often more volatile than their bond counterparts and
not all companies with publicly listed bonds have listed equity.
Another option is to buy bonds of one company and short stock of a
peer.




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

AKASH PET: CARE Keeps C Debt Rating in Not Cooperating Category
---------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Akash Pet
Containers Private Limited (APCPL) continue to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       6.80       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 September 21,
2022, placed the rating(s) of APCPL under the 'ssuer
non-cooperating' category as APCPL 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. APCPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated August 7, 2023, August 17,
2023, August 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).

Akash Pet Containers Private Limited (APCPL) was incorporated in
2011 promoted by Mr. D. Manickasundaram, Managing Director along
with Ms. A. Indira and Mr. V. Ramakrishna. APCPL is engaged in
manufacturing of Polyethylene terephthalate (PET) bottle since its
inception (commercial operation started from September 2012 and
FY14 was the first full year of operation).


ANTARIKSH INFRA: CRISIL Reaffirms B+ Rating on INR25.5cr Loan
-------------------------------------------------------------
CRISIL Ratings has reaffirmed its rating on the bank facilities of
Antariksh Infrabuild LLP at 'CRISIL B+/Stable'.

                       Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit           3.5        CRISIL B+/Stable (Reaffirmed)
   Cash Credit           4.5        CRISIL B+/Stable (Reaffirmed)
   Long Term Loan       25.5        CRISIL B+/Stable (Reaffirmed)
   Proposed Long Term
   Bank Loan Facility    0.54       CRISIL B+/Stable (Reaffirmed)
   Term Loan             5          CRISIL B+/Stable (Reaffirmed)


CRISIL Ratings continues to reflect extensive experience of the
partners in the textile industry, favorable Location of the
manufacturing unit and average debt protection metrics. These
strengths are partially offset by modest scale of operations amid
intense competition, susceptibility to volatility in raw material
prices and stretched liquidity.

Key Rating Drivers & Detailed Description

Weaknesses:

* Modest scale of operations amidst intense competition: The firm
has a modest scale of operations as highlighted by estimated
revenues of INR28 crores in fiscal 2023 (INR22 crores, a year ago).
Furthermore, it remains subdued because of intense competition that
limits pricing power with suppliers and customer, and limits the
benefits related to economies of scale. The modest scale of
operations will continue to limit operating flexibility.

* Susceptibility to volatility in raw material prices: The primary
raw material comprises yarn, the prices of which are volatile in
nature. Operating margins has remained in the range of 5% to 20%
over the past four fiscals ended through FY 2023. AIL's revenues
and profitability will remain susceptible to fluctuations in the
prices of raw materials.

* Aggressive capital structure: The firm has a modest networth of
INR9 crores as on March 31, 2023. In addition, the upcoming
partially debt funded capex is expected to leverage the capital
structure resulting in high gearing and TOLANW of above 3 times and
4 times, respectively, for next year as compared to 0.85 times and
0.93 times as on March 31, 2023. Capital structure is expected to
remain aggressive over the medium term.

Strengths:

* Extensive experience of the partners and favorable location of
the manufacturing unit: Presence of around 18 years in the fabric
manufacturing industry, has enabled the partners to gain strong
understanding of market dynamics and maintain healthy relationships
with customers and suppliers. AIL has a manufacturing unit at
Bhiwandi (Maharashtra), which is a major textile processing hub.
This facilitates proximity to key raw materials, thus minimising
transit cost, and ensuring timely execution of orders. These
factors will help AIL scale up operations and support the business
risk profile over the medium term.

* Average Debt Protection Metrics: The debt protection metrics of
the firm has been averaged backed by the moderate operating
profitability as highlighted by interest coverage and net cash
accruals to adjusted debt ratio of 1.92 and 0.09 times in fiscal
2023. Backed by moderate profitability the debt protection metrics
are expected to remain average over the medium term.

Liquidity: Stretched

Expected cash accrual of over INR4.5 to 5.5 crores are tightly
matched against the term debt obligations of INR5 to 5.5 crores in
fiscal 2024 and fiscal 2025. Bank limit utilization average around
89% for the last 12 months ended September 2023. However the bank
limits are expected to increase from INR3.5 crores to INR9.5 crores
over the next 6 months. Further the partners will continue to
support the liquidity on need basis for upcoming capex as well as
ongoing debt repayments over the medium term. The cash and balance
as on March 31, 2023 is INR12.09 Lakhs, out which free cash is
around INR10.68 lakhs

Outlook: Stable

CRISIL Ratings believes AIL would benefit over the medium term from
partners' extensive industry experience

Rating Sensitivity factors

Upward Factors:

* Significant growth in revenue and stable operating margins
leading to cash accrual above INR6.5 crores
* Improvement in financial risk profile backed by improved capital
structure.

Downward Factors:

* Sustained weakness in operational performance leading to net cash
accrual of below INR50 Lakhs
* Significant delays in completion of the ongoing capex or
substantial increase in working capital requirement

AIL was formed as a partnership between Mr Laxmichand V. Rathi and
Mrs Rashmi Agarwal in 2013. The firm has a fabric manufacturing
unit in Bhiwandi, Maharashtra. It started its commercial operations
from March 2019.

BALAJI ENGINEERING: CARE Keeps D Debt Rating in Not Cooperating
---------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Balaji
Engineering (BE) continue to remain in the 'Issuer Not Cooperating'
category.

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

Rationale & Key Rating Drivers

CARE Ratings Ltd. had, vide its press release dated October 20,
2022, placed the rating(s) of BE under the 'issuer non-cooperating'
category as BE 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. BE continues to be
non-cooperative despite repeated requests for submission of
information through e-mails, phone calls and a letter/email dated
September 5, 2023, September 15, 2023, September 25, 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).

Established in 2003, Balaji Engineering (BE) is an Aurangabad,
Maharashtra based entity promoted by Mr. Santosh Lakhichand Runwal.
The firm is primarily engaged as an auto ancillary unit for
manufacturing of automobile components which include spare parts
and accessories for 2 wheelers, 3 wheelers and 4 wheelers.


BALAJI OVERSEAS: CRISIL Moves D Debt Ratings to Not Cooperating
---------------------------------------------------------------
CRISIL Ratings has migrated the rating on bank facilities of Balaji
Overseas - Haryana (BO) to 'CRISIL D/CRISIL D Issuer not
cooperating'.

                         Amount
   Facilities         (INR Crore)   Ratings
   ----------         -----------   -------
   Bank Guarantee         0.11      CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)


   Contingency Limit      1.25      CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

   Foreign Bill           5.5       CRISIL D (ISSUER NOT
   Exchange                         COOPERATING; Rating Migrated)

   Proposed Bill          1         CRISIL D (ISSUER NOT
   Discounting Facility             COOPERATING; Rating Migrated)

   Proposed Long Term     0.19      CRISIL D (ISSUER NOT
   Bank Loan Facility               COOPERATING; Rating Migrated)

   Rupee Term Loan        1.95      CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

CRISIL Ratings has been consistently following up with BO for
obtaining information through letter and email dated September 15,
2023 among others, apart from telephonic communication. However,
the issuer has remained non cooperative.

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

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of BO, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on BO is
consistent with 'Assessing Information Adequacy Risk'. Therefore,
on account of inadequate information and lack of management
cooperation, CRISIL Ratings has migrated the rating on bank
facilities of BO to 'CRISIL D/CRISIL D Issuer not cooperating'.

Established in 1999 as a partnership firm by Mr. Somnath, Mr. Paras
Popli and Mr. Chandan Popli, BO manufactures and exports handloom
fabrics and durries. The manufacturing facilities are in Panipat,
Haryana.


BYJU'S: Lenders Win Fight Over Loan Default, Control of Unit
------------------------------------------------------------
Bloomberg News reports that lenders to Byju's, once one of India's
hottest tech startups, properly cited a default on a $1.2 billion
loan when taking over control of a unit of the education-technology
provider, a Delaware judge concluded.  

Bloomberg relates that the lenders - which include Redwood
Investments LLC and Silver Point Capital LP - were within their
contractual rights to replace a relative of company founder Byju
Raveendran on the board of Byju's Alpha, a special-purpose company
formed for financing purposes, with their nominee, Delaware
Chancery Court Judge Morgan Zurn ruled.

According to Bloomberg, Zurn rejected a complaint by Byju's that
Timothy Pohl, tapped by lenders to oversee the special-purpose
entity, was improperly authorized to take the reins. Mr. Pohl was
"effectively seated" as the sole director of Byju's Alpha because
of the defaults, the judge said in a 41-page ruling.

Bloomberg says lenders have been pushing hard for the repayment of
the $1.2 billion loan amid the company's mounting distress after a
pandemic-era boom in online learning fizzled out. Byju's had been
working to sell assets and deal with the loan issue when government
investigators searched company offices this year. The lender fight
also has prompted some investors to write down their stakes in one
of the world's largest ed-tech companies.

A lawyer for the lenders said earlier this year that Byju's Alpha
was intended to serve as a holding company to protect their rights
in the case. The lenders weren't seeking to take over the entire
ed-tech company, Brock Czeschin, a lawyer for Red Tree and Silver
Lake, said in a May court hearing.

Bengaluru, India-based Byju's didn't immediately respond to a
request for comment. The closely held company had said the lenders'
default arguments are bogus.

"We are pleased the Delaware Chancery Court agrees that Byju's has
repeatedly defaulted on its loan obligations," Bloomberg quotes a
spokesperson for the lender group as saying in a statement. "The
lenders reserve all rights available to them."

The loan terms allowed lenders to take control of pledged Bjyu's
Alpha shares if a default triggered that right, Ms. Zurn said in
her Nov. 2 ruling, Bloomberg relays. When a company unit failed to
get the Indian government's backing as a loan guarantor, the
lenders filed a notice of default in March, according to a
transcript of the judge's announcement of her decision.

Mr. Pohl removed all of the company's officers and took over as CEO
after he was was appointed as sole director of Byju's Alpha,
according to the transcript. The suit over the loan was filed by
Glas Trust Co., which serves as trustee for the lenders. The trust
turned to Pohl to oversee Byju's Alpha on behalf of the creditors.


Byju's complained that the ex-lawyer, whose received at least
$375,000 for his role as the firm's supreme leader, was reaping
excessive fees. Zurn rejected that argument, saying Pohl's
$75,000-per-month pay was authorized by a "status-quo" order she
entered in the case to protect Byju's Alpha.

The case is Glas Trust Company v. Ravindran, 2023-0488, Delaware
Chancery Court (Wilmington).

Based in Bengaluru, Karnataka, India, Byju's operates an online
learning platform intended to deliver engaging and accessible
education. The company's platform makes use of original content,
watch-and-learn videos, animations, and interactive simulations
that make learning contextual, visual, and practical, enabling
students to receive a personalized educational experience.


CYBERWALK TECH: ICRA Withdraws D Rating on INR60.55cr Term Loan
---------------------------------------------------------------
ICRA has withdrawn the ratings assigned to the bank facilities of
Cyberwalk Tech Park Private Limited at the request of the company
and based on the No Objection Certificate (NOC) received from its
bankers. However, ICRA does not have information to suggest that
the credit risk has changed since the time the rating was last
reviewed.

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–        60.55      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Withdrawn
   Term Loan                    

CTPL (erstwhile Sofed Retailer Private Limited) was promoted as a
special purpose vehicle to set up an IT park at Manesar, Gurgaon.
At present, the shareholders are Aarone Promoters Private Limited
(owned by the Aarone Group) with a 35.66% stake, Mrs. Asha Arora
with a 49.69% shareholding followed by two other promoter groups
from Chandigarh with a 7.33% stake each. The IT park is titled
Cyberwalk and is being developed in two phases, with a total
leasable/saleable area of 11.28 lakh sq ft. While 8.8 lakh sq ft
has been developed in phase one, the company is yet to commence
work on phase two.


DASHRATH SINGH: CARE Keeps D Debt Ratings in Not Cooperating
------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Shri
Dashrath Singh Chauhan (SDSC) continue to remain in the 'Issuer Not
Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      12.50       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank     23.96       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 September 29,
2022, placed the rating(s) of SDSC under the 'issuer
non-cooperating' category as SDSC 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. SDSC
continues to be noncooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated October 23, 2023, October 25, 2023, October 26,
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).

Chhindwara, Madhya Pradesh based Shri Dashrath Singh Chauhan (SDSC)
is proprietorship firm established in 1980. The firm is engaged in
the business of retailing of alcohol. SDSC undertakes retail trade
of Indian made foreign liquor (IMFL), country liquor (CL) etc and
holds retail license for liquor shops in the state of Madhya
Pradesh. The shops are allotted in Madhya Pradesh by the state
government through a competitive bidding process for a period of
one year. The associate concerns of SDSC include Aditya Raj which
is engaged in Stone Crushing business and Hotel Aditya Residency
which operates a Hotel.


DEEPAK BUILDERS: CRISIL Withdraws B+ Rating on INR20cr Loan
-----------------------------------------------------------
CRISIL Ratings has withdrawn its rating on the bank facilities of
Deepak Builders And Engineers India Private Limited (DB; part of
the Deepak group) on the request of the company and after receiving
no objection certificate from the bank. The rating action is
in-line with CRISIL Rating's policy on withdrawal of its rating on
bank loan facilities.

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Bank Guarantee         42.5        CRISIL A4/Issuer Not
                                      Cooperating (Withdrawn)

   Bank Guarantee         12.5        CRISIL A4/Issuer Not
                                      Cooperating (Withdrawn)

   Overdraft Facility     20          CRISIL B+/Stable/Issuer Not
                                      Cooperating (Withdrawn)

CRISIL Ratings has been consistently following up with DB for
obtaining information through letters and emails dated January 28,
2023 and March 13, 2023 among others, apart from telephonic
communication. However, the issuer has remained non cooperative.

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

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of DB. This restricts CRISIL
Ratings' ability to take a forward looking view on the credit
quality of the entity. CRISIL Ratings believes that rating action
on DB is consistent with 'Assessing Information Adequacy Risk'.
Based on the last available information, CRISIL Ratings has
Continued the ratings on the bank facilities of DB to 'CRISIL
B+/Stable/CRISIL A4 Issuer not cooperating'.

For arriving at the ratings, CRISIL Ratings has combined the
business and financial risk profiles of Deepak Singal Engineers and
Builders Pvt Ltd (DSEB) and DB. This is because the two entities,
together referred to as the Deepak group, are in the same business,
and have common management and strong operational linkages.

Set up in 1992 to construct government flats, DSEB has worked with
Ludhiana Improvement Trust, Municipal Corporation, and Punjab Small
Industries & Export Corporation Ltd.

Established in 1987 as a partnership firm by Mr. Deepak Singal and
Ms. Sunita Singal, DB constructs and maintains bridges and roads
and also undertakes government projects. It constructs offices,
hospitals, and other government buildings in Punjab for state and
central authorities such as Public Works Department, Municipal
Corporation, Punjab Mandi Board, and Housefed Punjab


DMG AGRO: CRISIL Assigns C Ratings to INR4.31cr Proposed LT Loan
----------------------------------------------------------------
CRISIL Ratings has assigned its 'CRISIL C' rating on the long term
bank facilities of DMG Agro Products Private Limited (DAPPL).

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Cash Credit             4.8        CRISIL C (Assigned)

   Proposed Long Term
   Bank Loan Facility      4.31       CRISIL C (Assigned)

   Working Capital
   Term Loan               0.44       CRISIL C (Assigned)

   Working Capital
   Term Loan               0.45       CRISIL C (Assigned)

The rating reflects the group's exposure to seasonality in tea
production and high operating leverage, weak financial risk profile
and weak operating efficiencies. These weaknesses are partially
offset by its longstanding presence.

Analytical Approach:

CRISIL Ratings has combined the business and financial risk
profiles of Dmg Agro Products Private Limited (DAPPL) with Derby
Plantation Private Limited (DPPL), Mantri Tea Company Private
Limited (MTCPL) and Ruttonpore Plantations Pvt Ltd (RPPL). This is
because all these entities, collectively referred to as the Mantri
group, have a common management and operational and financial
linkages, and are in the same business.

Unsecured loans of INR27.22 crore from promoters as on March 31,
2022, have been treated as neither debt nor equity (NDNE).

Key Rating Drivers & Detailed Description

Weaknesses:

* Exposure to seasonality in tea production and high operating
leverage: Being a seasonal product, tea production depends on
monsoon and remains susceptible to adverse weather conditions. Tea
plantations also incur fixed costs, with labour alone accounting
for nearly 40-50% of total expenditure. Limited pricing power
further constrains the operating margins of small players such as
the Mantri group.

* Weak financial risk profile: Debt protection metrics were below
average, with negative interest coverage and net cash accrual to
total debt ratios due to operational losses in fiscal 2023. The
gearing also stood weak with negative networth mark by high loss
accretion in the fiscal 2023. The capital structure and debt
protection metrics of the company are expected to remain under
pressure with operating loss continued till Q1FY24 and earnings
before interest tax depreciation and amortization (EBITDA) loss of
around 3% expected for fiscal 2024.

Strengths:

* Longstanding presence: The promoters have experience of over five
decades in the tea plantation business, which has helped the group
to sustain its market position despite regular volatility in prices
and report stable revenue of around INR61 crore over the four
fiscals through 2023.  The promoters have also continued to extend
unsecured loans to support liquidity.

Liquidity: Poor

The net cash accruals are expected to remain negative against the
debt obligation of upto INR2.0 crore for fiscal 2024. Unsecured
loans from the promoters and funds released from the working
capital cycle will support repayment. Bank limit was utilised by
about 95% in the 12 months through July 2023. The current ratio was
weak at 0.55 times as on March 31, 2023 and is expected to remain
between 0.4-0.5 times over the medium term.

Rating Sensitivity factors

Upward factors:

* Sustained improvement in revenue and improvement in operating
margin over 1% leading to higher cash accruals.

* Improvement in networth of the company with infusion of capital
or steady profit accretion of reserves.

Downward factors:

* Continuation in weak business profile leading to lower net cash
accruals below INR2 crores.

* Lack of support from the promoters in form of unsecured loans or
equity infusion.

* Stretch in working capital cycle leading to further pressure on
liquidity.

                          About the Group

The Mantri group was formed in 1948 by Mr. Govind Prasad Mantri.
Subsequently, the group acquired 3 tea gardens in Assam, viz.
Ruttonpore Tea Estate (in 1986), Derby Tea Estate (in 2005) and
Pathini Tea Estate (in 2006). Further in 2021, the operations of
the company Manipur tea company were merged into Dmg Agro Products
Private Limited.

All these entities together are referred to as the Mantri group and
the day-to-day operations of the group are managed by Shri Devendra
Kumar Mantri, Shri Shashankdhar Mantri and Smt. Tanuja Mantri.


FUTURE ENTERPRISES: Jindal Group Emerges as Sole Bidder
-------------------------------------------------------
The Economic Times reports that Jindal (India), part of the BC
Jindal Group, has emerged as the sole bidder for debt-laden Future
Enterprises (FEL) after a more than eight-month process.

According to the report, Jindal's plan was the only one received by
creditors till the end of business on Nov. 10, the last date for
submission of resolution plans for FEL, which owes creditors led by
Central Bank of India and its arm Centbank Financial Services a
total INR12,265 crore, the second largest debt pile from the
defunct retail giant Future Group.

Reliance Retail, which had expressed interest and sought more time
to submit a resolution plan, did not end do so, people familiar
with the process said, ET relays.

"Ultimately, there is only one bidder after the extensions and all
the to and fro. Lenders will now scrutinise the plan and seek
clarifications. There has been no further extension proposed," ET
quotes a person familiar with the process as saying.

The exact value, payment schedule and other details of the Jindal
plan could not be ascertained. Lenders are expected to review and
scrutinise the plan later this month.

In October, ET had reported that Jindal had submitted a plan, even
as Reliance Retail had sought time till the end of that month to
make its submission. Reliance, Jindal and resolution professional
Avil Menezes did not reply to separate emails seeking comment.

On Nov. 10, Vijay Kumar Iyer, the resolution professional for
Future Retail, the erstwhile flagship retail arm of the group,
filed for liquidation of the company, ET reports. Lenders had voted
not to accept the offer from SpaceMantra, a retailer of
construction, building material and office furniture, which was the
sole bidder for Future Retail.

Spacemantra's offer of INR553 crore amounted to about 2.79%
recovery for creditors with total dues of close to INR20,000
crore.

"The whole group has been a bottomless pit for lenders. In FEL, the
only value someone can ascribe is to the company's stake in the
group's insurance ventures. Otherwise, there is nothing recoverable
as such," said a second person aware of the process.

                     About Future Enterprises

Future Enterprises houses various businesses such as supply chain
solutions and insurance, while Future Retail used to operate brands
such as department chain Big Bazaar and supermarket chain Easyday.

Future Retail was dragged into insolvency proceedings by banks in
July 2022 after it defaulted on loans and its lenders rejected a
$3.4 billion buyout by Reliance amid a legal challenge by
Amazon.com Inc. Future Enterprises was admitted to insolvency in
March 2023.

In May, Future Retail said it received six bankruptcy resolution
bids without disclosing the names of the bidders, adds Reuters.

GIRIRAJ JEWELLERS: ICRA Keeps D Debt Ratings in Not Cooperating
---------------------------------------------------------------
ICRA has kept the Long-Term and Short -Term ratings of Giriraj
Jewellers Private Limited in the 'Issuer Not Cooperating' category.
The rating is denoted as "[ICRA]D/[ICRA]D ; ISSUER NOT
COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Short-term         6.00      [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based               Rating continues to remain under
   Others                       'Issuer Not Cooperating'
                                Category

   Long-term–         6.00      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

   Short-term–        2.50      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

   Long-term/         0.50      [ICRA]D/[ICRA]D; ISSUER NOT
   Short Term                   COOPERATING; Rating Continues to
   Unallocated                  remain under 'Issuer Not
                                Cooperating' Category

As part of its process and in accordance with its rating agreement
with Giriraj Jewellers 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. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Incorporated in 2004, Giriraj Jewellers Private Limited (GJPL) is
engaged in manufacturing gold and diamond studded jewellery from
its manufacturing facility in Borivali (West), Mumbai. The company
also has a showroom in Borivali (West). The promoter of GJPL has
been engaged in the jewellery business for the past three decades
through the proprietorship firm, Giriraj Jewellers. Giriraj
Jewellers is currently engaged in wholesale of gold and diamond
jewellery and exports to the UAE and UK markets.


GURUVAYOOR INFRA: ICRA Lowers Rating on INR212cr Term Loan to B-
----------------------------------------------------------------
ICRA has downgraded the ratings on certain bank facilities of
Guruvayoor Infrastructure Private Limited (GIPL), as:

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Term loan          212.0     [ICRA]B-; Rating downgraded from
                                [ICRA]B+ continues on Rating
                                Watch with Negative Implications

   Non-convertible  
   debenture           53.0     [ICRA]B-; Rating downgraded from
                                [ICRA]B+ continues on Rating
                                Watch with Negative Implications
Rationale
The rating revision for GIPL factors in the adverse developments in
the ongoing case filed by Central Bureau of Investigation (CBI)
against the company, whereby the Directorate of Enforcement (ED) of
Kerala, has started preliminary investigations and has frozen the
company's escrow and DSRA account balances to the extent of INR125
crore (including INR23 crore of DSRA). This has resulted in a
significant decline in its free cash balances (Rs. 14 crore as on
October 25, 2023 from INR88.6 crore as on March 31, 2023), thus
constraining its liquidity position. ICRA had earlier highlighted
that downward pressure on the rating could arise in case of a
negative development in CBI investigation for GIPL.

The rating continues to remain on Watch with Negative Implications
pending a definite outcome on the ongoing ED investigation against
GIPL. The CBI's FIR alleged criminal conspiracy and undue gain of
INR102.44 crore by the company during 2006 to 2016, by alleged
violation of certain terms of the Concession Agreement (CA). ICRA
will continue to monitor the developments with respect to the
resolution of the FIR and assess its implications on the company's
credit profile.

The rating remains constrained by the inherent risks in
build-operate-transfer (BOT) toll projects such as resistance of
users to pay toll, political acceptability of toll rate hikes,
likelihood of toll leakages, etc. GIPL faced agitations from the
local users at the time of the commercial operations date (COD). To
avoid disruption to tolling, the Government of Kerala (GoK) issued
an order for issuance of free passes to certain category of local
users and agreed to reimburse GIPL for the loss. Further, Kerala
State Road Transport Corporation (KSRTC) buses have not being
paying toll from the COD, despite the order from the Supreme Court
of India in October 2015 to obtain passes for their vehicles. GIPL
is required to pay negative grant worth INR200 crore in five
instalments of INR40 crore each from FY2017 to FY2021 to the NHAI.
GIPL did not pay this amount and had requested the NHAI to adjust
the negative grant instalments against the pending dues from the
GoK and KSRTC. GIPL had filed claims against NHAI. The NHAI had
also filed counterclaims (~Rs. 1,075 crore as on March 31, 2023
including penalties), and the matter is under arbitration.

ICRA, while assessing the credit risk, has assumed that the
negative grant payable to NHAI will be adjusted against dues from
the GoK and KSRTC. If the same is not allowed, the resultant burden
of payment of negative grant of NHAI on GIPL's cash flows would be
significant. Given the large quantum of the contingent
liabilities/claims against the company, an adverse outcome would
exert liquidity pressure on GIPL and would be a credit negative.
The rating is also sensitive to movement in interest rates, owing
to variable interest rate with the option of spread reset and the
WPI-linked escalation in toll rates, which could limit the growth
in toll collections during periods of low WPI rate.

ICRA takes note of the operational nature of the GIPL's project
with a tolling track record of more than a decade with healthy
ramp-up in toll collection in the past two years. The project
stretch is a part of National Highway 544 (earlier known as NH47),
which passes through Kerala and Tamil Nadu, connecting Coimbatore
and Kochi with an established traffic density dominated by
passenger vehicles.

GIPL has availed debt from Bharat Road Network Limited (BRNL,
INR5.8 crore of unsecured debentures as on March 31, 2023), and
SREI Equipment Finance Ltd (SEFL, INR170.5-crore unsecured loans as
on March 31, 2023) to meet the interest on subdebt and extend
inter-corporate deposits (ICDs). ICRA is given to understand that
these loans (from BRNL and SEFL) are unsecured and subservient to
the project loans. Further, these loans are to be repaid from cash
flows up streamed to BRNL after meeting the restrictive payment
conditions as per the sanction terms of senior lenders. Going
forward, any funding support or loans and advances to
group/non-group companies would remain a key monitorable. Any
non-adherence to cash flow waterfall will be a negative from the
credit perspective.

Key rating drivers and their description

Credit strengths

* Operational nature of the project; established traffic and toll
collection track record: The project stretch has been operational
since February 9, 2012. It has an established tolling track record
of over a decade. The project received provisional commercial
operations date (PCOD) in December 2011 and the final COD on April
18, 2016. It witnessed a CAGR of 4.36% in toll collections during
FY2019-FY2023. Further, the toll collection increased to INR80.6
crore in 5M FY2024 compared to Rs.66.7 crore in 5M FY2023. The toll
revenue in FY2023 was INR171.0 crore. The average daily toll
collections witnessed a healthy increase to INR0.53 crore per day
in August 2023 from INR0.47 crore per day in March 2023 and INR0.32
crore per day in March 2022 owing to the gradual recovery in
traffic movement post the outbreak of the pandemic and favourable
hikes in toll rates linked to inflation index.

Credit challenges

* Exposed to sizeable contingent liability claims: GIPL had
outstanding contingent liabilities of ~Rs. 1,075 crore as on March
31, 2023 (increased from INR212 crore as on March 31, 2022)
primarily relating to penalty imposed by the NHAI for
nonmaintenance of road as per the CA. The NHAI suspended the MM
work being undertaken by the company in FY2023 citing inability to
complete the same within time and extended it to another
contractor, besides imposing cost/penalties on GIPL. This has
heightened the risk of an adverse action from the authority. GIPL
has filed claims against the NHAI for losses dueto delay in project
commissioning on account of factors attributable to the latter, and
the NHAI had filed counterclaims. The matter is under arbitration.
Any adverse ruling leading to material cash outflows would be a
credit negative for the company.

* Long-pending dispute with GoK and KSRTC; negative grant payable
to NHAI: GIPL has been issuing passes to local users of the project
stretch at discounted rates in accordance with the order issued by
the GoK. The difference between the normal toll and discounted toll
fare was to be reimbursed by the GoK. However, substantial payments
from GoK and KSRTC remain outstanding as on date. In May 2022, it
received INR27.35 crore against INR132.79-crore claim from GoK,
which is currently kept aside by the company since they have
further requested for review of claims. GIPL is required to pay
negative grant worth INR200 crore in five instalments of INR40
crore each from FY2017 to FY2021 to the NHAI. It did not pay this
amount and had requested NHAI to adjust thenegative grant
instalments against the pending dues from the GoK and KSRTC. ICRA,
while assessing the credit risk, has assumed that the negative
grant payable to NHAI will be adjusted against dues from the GoK
and KSRTC. If NHAI does not allow for this adjustment, the
resultant burden on GIPL's cash flows would be a credit negative.
Risks inherent to toll road projects and interest rate risk – The
project remains exposed to risks inherent in BOT (toll) road
projects, including risks arising from variation in traffic volume
over the project stretch and its dependence on the economic
activity in the surrounding regions. Moreover, it is vulnerable to
movement in WPI (for toll rate hike), political acceptability of
toll rate hikes over the concession period, development/improvement
of alternative routes and likelihood of toll leakages. Any
reduction in either of these will adversely impact toll
collections. Further, the project's cash flows and profitability
remain exposed to the interest rate risk due to the floating nature
of the interest rate.

Liquidity position: Stretched

GIPL's toll collections have improved and could be sufficient to
meet the debt servicing obligations in the medium term. However,
the company's liquidity will remain stretched, given the sizeable
claims/penalties imposed by the NHAI. As on October 25, 2023, it
had free cash and bank balances of ~INR14 crore (excluding escrow
and DSRA balance of ~INR125 crore put on freeze by the ED).

Rating sensitivities

Positive factors – Favourable resolution of ongoing disputes
including those with NHAI/GoK/KSRTC resulting in reduction in
GIPL's liabilities (including contingent liabilities/claims) can
result in a positive rating action.

Negative factors – Negative pressure on the rating could arise if
there is crystallisation of penalty imposed by the NHAI, or if it
does not allow for adjusting premium payments against the pending
claims from the GoK and KSRTC, or any unfavourable outcome of the
CBI investigation. Additionally, lower-than-expected toll
collections, on a sustained basis, adversely impacting the coverage
indicators and liquidity position could lead to a downward rating
revision.

GIPL is a special purpose vehicle (SPV) formed for four-laning of
Thrissur-Angamali section of NH-47 (in Kerala) from km 270.00 to km
316.00, and improvement, operation and maintenance from km 316.70
to km 342.00 on a build, operate and transfer (BOT) toll basis. The
project was secured by a consortium of KMC and SREI with equity
interest of 51% and 49%, respectively. However, later Bharat Road
Network Limited (BRNL) took over 76% equity interest (49% from SREI
and 25% from KMC). At present, the SPV is held by BRNL. The project
achieved PCOD in December 2011, and tolling operations commenced in
February 2012. The total project cost was INR726 crore, which was
funded by the promoter's contribution of INR226 crore (INR169 crore
as equity and INR57 crore as
unsecured loans from promoters) and external debt of INR465 crore.


K.K.R. AGRO: CARE Keeps D Debt Ratings in Not Cooperating Category
------------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of K.K.R.
Agro Mills Private Limited (KAMPL) continue to remain in the
'Issuer Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       6.89       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Long Term/           6.50       CARE D/CARE D; ISSUER NOT
   Short Term                      COOPERATING; Rating continues
   Bank Facilities                 to remain under ISSUER NOT
                                   COOPERATING category

   Short Term Bank     15.17       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 September 1,
2022, placed the rating(s) of KAMPL under the 'issuer
non-cooperating' category as KAMPL 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. KAMPL continues to be noncooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated July 18, 2023, July 28, 2023,
August 7, 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).

K.K.R. Agro Mills Pvt Ltd (KAM) is a part of KKR Group based in
Okkal Kerala which was established June in 2001 and is engaged in
processing of rice and manufacturing of grain flours. KKR group is
engaged in processing 11 types of rice and rice proucts, and
exporting them to direct distributors overseas to around 47
countries including USA, UAE, and European countries. Over the
years, the group has diversified from rice processing to
manufacturing grain flours, spices and curry powders, pickles and
ready-to-eat products.

KVC ENERGIES: CRISIL Assigns B Rating to INR30cr New LT Loan
------------------------------------------------------------
CRISIL Ratings has assigned its 'CRISIL B+/Stable' rating to the
bank facilities of KVC Energies Private Limited (KVCE).

                           Amount
   Facilities           (INR Crore)    Ratings
   ----------           -----------    -------
   Proposed Long Term        30        CRISIL B/Stable (Assigned)
   Bank Loan Facility        

The rating reflects the company's nascent stage of operations and
exposure to project implementation risk. These weaknesses are
partially offset by extensive experience of the promoter in the
liquefied petroleum gas (LPG) industry.

Analytical Approach

For arriving at the rating, CRISIL Ratings has combined the
business and financial risk profiles of KVCE and VC Consultancy
Services (VCCS). This is because both the entities have common
management are in similar line of business and have operational
linkages and fungible cash flow.

Key Rating Drivers & Detailed Description

Weakness:

* Nascent stage of operations: Operations in VCCS have commenced in
August 2023 and the scale of operations is expected to remain
modest in fiscal 24. Presently the group started its operations
with distribution of LPG Cylinders to the commercial and Industrial
customers in Hyderabad. Due to startup nature of business, the
company is expected to incur net loss in fiscal 24. Ramo up in
scale and profitability will remain the key monitorable over the
medium term.

* Exposure to project risk: In order to improve the scale of
operations and profitability levels, the group needs to incur large
debt-funded capital expenditure (capex) over the medium term.  The
group is also looking to set up multiple Auto LPG (ALPG) gas
stations, where three ALPG centers are expected to commence
operations in Q4 of fiscal 2024. Further, the group will also be
setting up 2 Motor Spirit & High-Speed Diesel depots for Nayara
Energy Ltd. Ability to raise funds (loans, equity or unsecured
loan) and timely completion of the capex within the budgeted cost
will be a key monitorable factor.

Strengths:

* Extensive experience of the promoter: The promoter has more than
three decades of experience in oil marketing companies. His strong
understanding of market dynamics and healthy relationships with
customers and suppliers should continue to support the business.

Liquidity: Stretched

Liquidity is expected to remain stretched because of expected cash
losses in fiscal 2024 being the first year of operations and
absence of any fund based working capital limits. Cash accruals is
expected to be insufficient to meet the term debt obligation of
INR3-6 crs over the medium term. However, need based fund support
from the promoters is expected to support liquidity.

Outlook: Stable

CRISIL Ratings believes that KVCE will benefit over the medium term
from its promoter extensive industry experience.

Rating Sensitivity Factors

Upward Factors

* Stabilization of the operations on time and significant revenue
growth and profitability leading to positive cash accrual of above
INR2 crore
* Significant Improvement in financial risk profile leading to
better liquidity

Downward factors

* Delay in timely completion of capex leading to modest scale of
operations and accruals
* Large, debt-funded capex weakening capital structure, with
gearing above 3 times

                         About the Group

KVC Energies Private Limited (KVCE) was incorporated in April 2023
and promoted by Mr. K V Chalapathi Rao. KVCE is engaged in
designing, erection, operation, maintenance and marketing of other
LPG products through LPG installations (Bulk & Packed), ALPG (auto
LPG dispensing) stations and  petrol bunks.

VC Consultancy Services (VCCS) is a sole proprietor firm set up on
March 2023 for distribution of Industrial and Commercial Packed LPG
of 17 Kgs, 21 Kgs, 33 Kgs & 425 Kgs across the Telangana State for
commercial and industrial use through an exclusive Platinum
Distributor Agreement from M/s. Aegis Gas (LPG) PVT, Ltd.


M S V CONSTRUCTIONS: CRISIL Moves D Ratings to Not Cooperating
--------------------------------------------------------------
CRISIL Ratings has migrated the rating on bank facilities of M S V
Constructions Company (MSV) to 'CRISIL D/CRISIL D Issuer not
cooperating'.

                         Amount
   Facilities         (INR Crore)   Ratings
   ----------         -----------   -------
   Bank Guarantee         12.51     CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

   Overdraft Facility     10.90     CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

   Proposed Bank           8.41     CRISIL D (ISSUER NOT
   Guarantee                        COOPERATING; Rating Migrated)

   Proposed Term Loan      3.1      CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

CRISIL Ratings has been consistently following up with MSV for
obtaining information through letter and email dated September 15,
2023 among others, apart from telephonic communication. However,
the issuer has remained non cooperative.

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

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of MSV, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on MSV
is consistent with 'Assessing Information Adequacy Risk'.
Therefore, on account of inadequate information and lack of
management cooperation, CRISIL Ratings has migrated the rating on
bank facilities of MSV to 'CRISIL D/CRISIL D Issuer not
cooperating'.

Karnataka-based MSV undertakes civil construction works, mainly
road works for government departments.

M S Venkatesh was set up in 1990 as a sole proprietorship concern
in Bengaluru. It is registered as a Class IA contractor with BBMP.
It was reconstituted as a partnership between M. S. Venkatesh, M V
Harshith Chowdary, Marappa Nayadu, K Vooha and M V Pruthvi Shree in
Oct 2020.


MA CHANDI: CARE Keeps D Debt Ratings in Not Cooperating Category
----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Ma Chandi
Rice mill (MCRM) continue to remain in the 'Issuer Not Cooperating'
category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       7.49       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank      0.25       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 October 13,
2022, placed the rating(s) of MCRM under the 'issuer
non-cooperating' category as MCRM 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. MCRM
continues to be non-cooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 29, 2023, September 8, 2023, September
18, 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).

Ma Chandi Rice Mill (MCRM) was established as a partnership firm in
December 2000 by Mr. Rama Pada Shaw and Mr. Mukti Pada Shaw for
setting up a rice processing plant. The firm has commenced its
commercial operations from June 2006 onwards and it is engaged in
milling and processing of parboiled and raw rice. The rice milling
and processing plant of the firm is located at Burdwan, West Bengal
which is in the vicinity to a major paddy growing area. MCRM
procure paddy from farmers & local agents and sells its products
through the wholesalers and distributors across West Bengal.

MANIPUR TEA: CRISIL Withdraws B- Rating on INR4.80cr Cash Loan
--------------------------------------------------------------
Due to inadequate information, CRISIL Ratings, in line with SEBI
guidelines, had migrated the rating of Manipur Tea Co. Private
Limited (MTCPLTD) to 'CRISIL B-/Stable Issuer Not Cooperating'.
However, the management has subsequently started sharing requisite
information, necessary for carrying out comprehensive review of the
rating. Consequently, CRISIL Ratings is migrating the rating on
bank facilities of MTCPLTD to 'CRISIL B-/Stable' from 'CRISIL
B-/Stable Issuer Not Cooperating' and subsequently withdrawn the
rating at the request of the company and on account of shifting of
operations of MTCPLTD to another group company Dmg Agro Products
Private Limited (DAPPL) by the order of the National Company Law
Tribunal. The withdrawal is in line with CRISIL Ratings' policy on
withdrawal of bank loan rating.

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Cash Credit             4.80       CRISIL B-/Stable (Migrated
                                      from 'CRISIL B-/Stable
                                      ISSUER NOT COOPERATING';
                                      Rating Withdrawn)

   Proposed Long Term      0.66       CRISIL B-/Stable (Migrated
   Bank Loan Facility                 from 'CRISIL B-/Stable
                                      ISSUER NOT COOPERATING';
                                      Rating Withdrawn)

   Working Capital         0.88       CRISIL B-/Stable (Migrated
   Facility                           from 'CRISIL B-/Stable
                                      ISSUER NOT COOPERATING';
                                      Rating Withdrawn)

                         About the Group

The company was a part of the Mantri group was formed in 1948 by
Mr. Govind Prasad Mantri. The Manipur Tea Estate located in Assam,
was the first acquisition of the group in 1954. Subsequently, the
group acquired 3 tea gardens in Assam, viz. Ruttonpore Tea Estate
(in 1986), Derby Tea Estate (in 2005) and Pathini Tea Estate (in
2006). Further in 2021, the operations of the company Manipur tea
company were shifted to Dmg Agro Products Private Limited.

All these entities together are referred to as the Mantri group and
the day-to-day operations of the group are managed by Shri Devendra
Kumar Mantri, Shri Shashankdhar Mantri and Smt. Tanuja

MEDICON LEATHER: CRISIL Moves D Debt Rating to Not Cooperating
--------------------------------------------------------------
CRISIL Ratings has migrated the rating on bank facilities of
Medicon Leather Private Limited (MLPL) to 'CRISIL D Issuer not
cooperating'.

                       Amount
   Facilities       (INR Crore)     Ratings
   ----------       -----------     -------
   Cash Credit            5         CRISIL D (ISSUER NOT
                                    COOPERATING; Rating Migrated)

CRISIL Ratings has been consistently following up with MLPL for
obtaining information through letter and email dated September 15,
2023 among others, apart from telephonic communication. However,
the issuer has remained non cooperative.

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

Detailed Rationale

Despite repeated attempts to engage with the management, CRISIL
Ratings failed to receive any information on either the financial
performance or strategic intent of MLPL, which restricts CRISIL
Ratings' ability to take a forward looking view on the entity's
credit quality. CRISIL Ratings believes that rating action on MLPL
is consistent with 'Assessing Information Adequacy Risk'.
Therefore, on account of inadequate information and lack of
management cooperation, CRISIL Ratings has migrated the rating on
bank facilities of MLPL to 'CRISIL D Issuer not cooperating'.

MLPL was incorporated in 1987. It is engaged into manufacturing of
leather products such as belts, bags, wallets, etc. It has
manufacturing facility locate in Bommanahalli-Bangalore. It is
promoted by Mr. Sangieve Bulchandani and Neeta Bulchandani.


NANDINI FITNESS: ICRA Keeps D Debt Rating in Not Cooperating
------------------------------------------------------------
ICRA has kept the Long-Term rating of Nandini Fitness Pvt. Ltd. in
the 'Issuer Not Cooperating' category. The rating is denoted as
"[ICRA]D ; ISSUER NOT COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–         7.00      [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 Nandini Fitness Pvt. Ltd., 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. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Nandini Fitness Private Limited was incorporated in July 2009 by
Mr. Sumit Goel & Hemant Kumar Singh. The company was established to
promote health & fitness business in Lucknow. NFPL is a franchisee
of "Gold's Gym" in Lucknow, Uttar Pradesh and is currently managing
a gymnasium along with the Mojjo restaurant, at Mahanagar, Lucknow.
Further, the management has set up a new center of "Gold Gym" at
Gomti nagar, Lucknow.


NORTH WESTERN: ICRA Keeps D Debt Rating in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-Term rating of North Western Karnataka Road
Transport Corporation in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]D; ISSUER NOT COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–        250.00     [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 North Western Karnataka Road Transport Corporation, ICRA has
been trying to seek information from the entity so as to monitor
its performance Further, Despite multiple requests by ICRA, the
entity's management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, the rating has been continued to the "Issuer Not Cooperating"
category. The rating is based on the best available information.

The NWKRTC was incorporated in November 1997 as an independent
entity under Section 3 of the Road Transport Corporation (RTC) Act,
1950 as a charitable trust, with the aim of providing a public
transport system to the commuters in the north western region of
Karnataka. As on March 31, 2020, with a fleet strength of around
5,071, NWKRTC has been operating close to 4662 schedules daily
through 51 depots and it has around 23,200 personnel on its
payrolls.


PADMAJA PACKAGING: CRISIL Assigns B Rating to INR32cr Term Loan
---------------------------------------------------------------
CRISIL Ratings has assigned its 'CRISIL B/Stable' ratings on the
long-term bank facilities of Padmaja Packaging Industries Ltd
(PIPL).

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Cash Credit             9.5        CRISIL B/Stable (Assigned)

   Term Loan               3.75       CRISIL B/Stable (Assigned)

   Term Loan              32          CRISIL B/Stable (Assigned)

The ratings reflect the modest scale of operations, working capital
intensive operations and weak financial risk profile. These
weaknesses are partially offset by extensive experience of the
promoters and their established relationships with customers.

Analytical Approach

Out of total unsecured loans from promoters of around INR6.85
crores outstanding as on March 31, 2023; unsecured loans to the
extent of INR6 crores have been treated as neither debt nor equity
(NDNE) and the balance has been treated as debt.

Key Rating Drivers & Detailed Description

Weakness:

* Modest scale of operations: Though scale of operations has
increased from INR23 crores in fiscal 2021 to around INR38 crores
in fiscal 2023 and has further achieved INR30 crores in H1FY2024;
the scale of operations continues to remain modest. Modest scale of
operations constrains scalability, pricing, and bargaining power.
Significant increase in scale of operations backed by increased
capacity utilisation and improved profitability remains a key
monitorable for the medium term.

* Working capital intensive operations: The operations of the
company are working capital intensive as reflected in gross current
assets of around 336 days as on March 31,2023 driven by debtors of
around 243 days and inventory of around 100 days as on March
31,2023. While the company maintains large inventory of around
90-100 days to cater to client requirements, debtors were high due
to moderate credit period of around 45-90 days and delayed
collections from a single large debtor. However, the company has
started to realize stuck debtors and sustained improvement in
working capital cycle will remain a key monitorable.

* Weak financial risk profile:  The company's financial risk
profile is modest as reflected in small networth of around INR4.9
crores as on March 31,2023, an increase from INR4.2 crores a year
ago due to steady accretion to reserves. Capital structure is
aggressive as reflected in total outside liabilities to adjusted
networth and gearing ratios of around 4.49 times and 7.65 times due
to high reliance on external debt for funding working capital
requirements and small networth. Debt protection measures are
subdued as reflected in interest coverage and net cash accruals to
adjusted debt ratio of around 1.27 times and 0.03 times for fiscal
2023. Financial risk profile is expected to improve with stable
profitability and in absence of any major debt funded capex plans
in the medium term and remains a key rating sensitivity factor.

Strengths:

* Extensive experience of the promoters and established
relationships with customers: The promoter's experience of over two
decades in the paper packaging industry has enabled them a strong
understanding of market dynamics. Further, the company has added a
diverse customer base over the years, across several end user
industries including pharmaceuticals, FMCG, electronics etc. among
others which has enabled a moderate revenue growth. Regular order
flow from existing customers as well as new customer additions
supported by healthy utilisation of the recently refurbished
factory premises, should support healthy growth in scale. The
extensive experience of the promoters and established relationships
with clients should continue to support the company's business risk
profile over the medium term.

Liquidity: Poor

The bank limit utilization averaged at around 75% over the last
twelve months ending September 2023. The net cash accruals,
expected to be in the range of around INR2-4 crores which are
tightly matched against the repayment obligations of around INR3
crores for fiscal 2024 and 6.8 crores for fiscal 2025. Cash and
cash equivalents were modest and stood at around INR0.20 crores as
on March 31,2023. Liquidity is supported by need based funding
support from promoters which is expected to continue.

Outlook: Stable

CRISIL Ratings believes that the extensive experience of the
promoters and established relationships with customers should
continue to support the business risk profile over the medium
term.

Rating Sensitivity factors

Upward factors:

* Increase in scale of operations and operating margins resulting
in higher net cash accruals of above INR6 crores.
* Improvement in working capital cycle and financial risk profile.

Downward factors:

* Decline in scale of operations and operating margins resulting in
net cash accruals below INR2 crores.
* Further stretch in working capital cycle weakening the liquidity
profile.
Padmaja Packaging Industries Ltd, incorporated in 1993, is engaged
in the manufacturing of primary and secondary corrugated boxes and
cartons at its manufacturing facility in Kagal, Kolhapur. The
company caters to a wide range of customers across end user
industries including pharmaceuticals, FMCG, electronics. The
day-to-day operations of the company are managed by Mr. Santosh
Kunjeer.


PAWAN EDIFICE: CARE Keeps D Debt Rating in Not Cooperating
----------------------------------------------------------
CARE Ratings said the rating for the bank facilities of Pawan
Edifice Private Limited (PEPL) continues to remain in the 'Issuer
Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank      11.44       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

CARE Ratings Ltd. had, vide its press release dated September 27,
2022, placed the rating(s) of PEPL under the 'issuer
non-cooperating' category as PEPL 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. PEPL
continues to be noncooperative despite repeated requests for
submission of information through e-mails, phone calls and a
letter/email dated August 13, 2023, August 23, 2023, September 2,
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).

PEPL, a part of Vadodara-based Pawan group, is owned and managed by
Mr. Chetan Shah & his family members. The Pawan group has been
involved in the construction and development of several real estate
projects in and around Vadodara. Till date, the Pawan group has
developed 56 projects across residential and commercial segments.


PR CASTALLOYS: Creditors' Proofs of Debt Due on Dec. 1
------------------------------------------------------
Creditors of PR Castalloys Private Limited are required to file
their proofs of debt by Dec. 1, 2023, to be included in the
company's dividend distribution.

NCLT passed the liquidation order against the company on Oct. 20,
2023.

The company's liquidator is:

          Sanjay Ramdas Mahajan
          3/3, Mohanlal Mansion
          Bhadarkar Road
          Matunga Central, Mumbai 400019


RAGHU RAMA: ICRA Reaffirms B+ Rating on INR12.0cr LT Cash Loan
--------------------------------------------------------------
ICRA has reaffirmed ratings on certain bank facilities of Raghu
Rama Rice Industry (RRRI), as:

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–
   Fund-based–  
   Cash Credit       12.00      [ICRA]B+(Stable); reaffirmed

   Long-term–  
   Fund based–  
   Term Loan          1.80      [ICRA]B+(Stable); reaffirmed

   Long-term–
   Unallocated        2.20      [ICRA]B+(Stable); reaffirmed

Rationale

The rating reaffirmation considers the extensive track record of
RRRI's partners in the rice milling industry and ease in paddy
procurement owing to the proximity of its plant to a major rice
growing region of Andhra Pradesh. The firm's business continues to
derive comfort from the favorable demand prospects of the industry
as India is the second largest producer and consumer of rice,
internationally. The firm benefited from the high realization of
milled rice in FY2023, resulting in a significant growth in its
revenues. However, in the current year, the firm's scale is likely
to decline on account of a moderation in realization of milled rice
and an indirect impact of government restriction on rice exports.
Nevertheless, the firm's profit margin is likely to remain stable
with some moderation, though nominal in absolute terms.

However, the rating is constrained by RRRI's small scale of
operations amid intense competition in the rice milling industry,
which restricts its operating margins. The rating considers RRRI's
weak financial risk profile, characterized by its depressed debt
coverage metrics and stretched liquidity, impacted by high working
capital requirements. Going forward, given the high working capital
requirements and low profitability, the financial risk profile of
RRRI would remain under pressure. The rating also factors in the
agro-climatic risks, which can affect the availability of paddy in
adverse weather conditions. RRRI is also susceptible to risks
associated with regulatory changes and Government policies. The
risks related with the partnership nature of the business,
including the risk of capital withdrawal, among others also impact
the rating. Given the thin margin in the business and high working
capital intensity, the firm's liquidity position is likely to
remain stretched and any further pressure would be a key rating
sensitivity.

The Stable outlook on the [ICRA]B+ rating reflects ICRA's opinion
that RRRI will continue to benefit from the extensive
experience of its partners in the rice milling industry and
presence of the mill in a major rice growing area, which supports
its business and profitability.

Key rating drivers and their description

Credit strengths

* Significant experience of partners in rice milling and trading
business: The partners have long presence in the rice milling
industry with over two decades of experience, resulting in
established relationships with its customers.

* Presence in a major rice growing area results in easy
availability of paddy: RRRI's plant is located in Jagannadhagiri
village of East Godavari district, Andhra Pradesh, which is a major
rice-growing area. This results in easy availability of paddy and
low transportation cost for the firm. The demand prospects for
rice, a staple food grain, remain favorable as India is the world's
second largest producer and consumer of rice.

Credit challenges

* Modest scale and profitability: The firm is a small-scale player
in a highly fragmented and competitive rice milling industry,
characterized by the presence of numerous organized and unorganized
players, impacting the margins. The firm's utilization of the
processing capacity slightly decreased in FY2023 owing to lower
demand, driven by higher prices of rice. The firm's turnover
increased by 25% in FY2023 to INR85.5 crore from INR68.3 crore in
FY2022 due to high realization of milled rice. However, with a
sharp moderation in the prices of rice witnessed during the current
year, the firm's revenue is likely to reduce significantly in
FY2024. Consequently, the operating profitability is also likely to
moderate marginally in FY2022, which remains low in absolute
terms.

* Weak financial profile and stretched liquidity: Driven by low
profitability, the firm's debt coverage metrics remained under
pressure in FY2023, as reflected by Total Debt/OPBDITA of 5.02
times, interest coverage of 1.50 times and NCA/TD of 6% (6.10
times, 1.70 times and 6%, respectively in FY2022). Due to
moderately high working capital intensity, the firm has a limited
cushion available in its working capital limits, with a high
average utilization of 98% in the past 12 months till July 2023.

* Intense competition in the industry: The fragmented nature of the
rice milling industry, characterized by stiff competition amid
presence of many players, limits the pricing flexibility of the
industry participants, including RRRI, and results in modest
profitability.

* Susceptibility to agro-climatic risks and regulatory changes: The
rice milling industry is susceptible to agro-climatic risks, which
can affect the availability of paddy in adverse weather conditions.
It is exposed to Government policies such as MSP, affecting the raw
material prices. Additionally, changes in the Government
regulations pertaining to the rice industry, such as export policy,
can impact the industry dynamics.

* Risk related to partnership nature of firm: RRRI is exposed to
the risks related to a partnership firm, including the capital
withdrawal risk. However, no capital withdrawal has been seen in
the past three years.

Liquidity position: Stretched

RRRI's liquidity position is stretched on account of limited cash
accruals of less than INR1.00 crore expected in FY2024 and limited
buffer in its working capital limits with 98% average utilization
during the 12-month period ending in July 2023. The firm has
nominal repayment obligation in FY2024 and has no major capex plan
in the near term, which provides some comfort. As per ICRA's
estimates, the expected cash flows and need-based support, in the
form of unsecured loans from the partners would be critical in
meeting any cash flow mismatch.

Rating sensitivities

Positive factors – ICRA could upgrade RRRI's rating if the firm
demonstrates a sustained increase in its revenues and profitability
along with an improvement in its liquidity and debt coverage
metrics. Specific credit metrics that could lead to an upgrade of
RRRI's rating include an interest coverage ratio of more than 2.0
times on a sustained basis.

Negative factors – Pressure on the rating could arise if there is
a significant decline in revenues or profitability, leading to a
further stretch in its liquidity and coverage indicators.

Established in 2012 as a partnership firm, RRRI is involved in
milling of paddy and produces raw and boiled rice. The firm started
its operations in June 2013. It has a milling unit at
Jagannadhagiri village in East Godavari district, Andhra Pradesh,
with an installed capacity of 8 MT of paddy per hour.

RUCHI GLOBAL: ICRA Keeps D Debt Ratings in Not Cooperating
----------------------------------------------------------
ICRA has kept the Long-Term and Short-Term ratings of Ruchi Global
Limited in the 'Issuer Not Cooperating' category. The ratings are
denoted as "[ICRA]D/[ICRA]D; ISSUER NOT COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–        12.50      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

   Short-term–        7.50      [ICRA]D; ISSUER NOT COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

   Short-term        420.00     [ICRA]D; ISSUER NOT COOPERATING;
   Non-fund based               Rating continues to remain under
   Others                       'Issuer Not Cooperating'
                                Category

As part of its process and in accordance with its rating agreement
with Ruchi Global 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. In the
absence of requisite information and in line with the aforesaid
policy of ICRA, the rating has been continued to the "Issuer Not
Cooperating" category. The rating is based on the best available
information.

Established in 1996, Ruchi Global Limited (RGL) is engaged in the
business of trading in steel items and agricultural commodities.
RGL is a trading arm of Ruchi Group and is a closely held company
promoted by Mr. Kailash Shahra and his family members. RGL is
primarily involved in the trading of steel, edible oil, soya
products, soyabean, wheat, pulses, chemicals and other agro and
non-agro commodities. Ruchi Group is a reputed industrial
conglomerate in India with interests in businesses ranging from
steel to food products. The Group is actively involved in soya
processing, edible oils, dairy products, cold rolled sheets and
coils, galvanized sheets and coils and a host of other activities.


SHRINET AND SHANDILYA: ICRA Keeps C+ Ratings in Not Cooperating
---------------------------------------------------------------
ICRA has kept the long-term and short-term ratings for the bank
facilities of Shrinet and Shandilya Construction Private Limited in
the 'Issuer Not Cooperating' category. The ratings are denoted as
"[ICRA]C+/[ICRA]A4; ISSUER NOT COOPERATING".

                    Amount
   Facilities    (INR crore)    Ratings
   ----------    -----------    -------
   Long-term–        2.00       [ICRA]C+; ISSUER NOT
COOPERATING;
   Fund based                   Rating Continues to remain under
   Cash Credit                  'Issuer Not Cooperating'
                                Category

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

As part of its process and in accordance with its rating agreement
with Shrinet and Shandilya Construction Private Limited, ICRA has
been trying to seek information from the entity so as to monitor
its performance, but despite repeated requests by ICRA, the
entity's management has remained non-cooperative. In the absence of
requisite information and in line with the aforesaid policy of
ICRA, a rating view has been taken on the entity based on the best
available information.

Shrinet & Shandilya Construction Private Limited (SSCPL) was
incorporated on July 10, 1998, and is involved in the
infrastructure sector. The company undertakes Engineering,
Procurement and Commissioning (EPC) contracts for installation of
solar plants for various state-backed entities. The company has a
team of well-qualified technical and engineering staff of around 15
people and hire site labourers on a contract basis.


SHUBH PLY: CARE Keeps D Debt Ratings in Not Cooperating Category
----------------------------------------------------------------
CARE Ratings said the ratings for the bank facilities of Shubh Ply
& Veneers Private Limited (SPVPL) continue to remain in the 'Issuer
Not Cooperating' category.

                       Amount
   Facilities       (INR crore)    Ratings
   ----------       -----------    -------
   Long Term Bank       8.40       CARE D; ISSUER NOT COOPERATING
   Facilities                      Rating continues to remain
                                   under ISSUER NOT COOPERATING
                                   category

   Short Term Bank      6.10       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 September 27,
2022, placed the rating(s) of SPVPL under the 'issuer
non-cooperating' category as SPVPL 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. SPVPL continues to be non-cooperative despite
repeated requests for submission of information through e-mails,
phone calls and a letter/email dated August 13, 2023, August 23,
2023, September 2, 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).

Gandhidham (Gujarat) based Shubh Ply and Veneers Private Limited
(SPVPL) was incorporated in 2007 as a private limited company by
Mr. Mohanlal Lalwani and family and is engaged into manufacturing
and trading of plywood, block board, flush doors and veneers.


SIDDARTH ORGANISATION: ICRA Keeps C Rating in Not Cooperating
-------------------------------------------------------------
ICRA has kept the Long-Term and Short-Term rating of Siddarth
Organisation Limited in the 'Issuer Not Cooperating' category. The
rating is denoted as "[ICRA]C/[ICRA]A4 ; ISSUER NOT COOPERATING".

                     Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term–         4.20       [ICRA]C; ISSUER NOT
COOPERATING;
   Fund based                    Rating Continues to remain under
   Cash Credit                   'Issuer Not Cooperating'
                                 Category

   Long Term/         5.80       [ICRA]C/[ICRA]A4 ISSUER NOT
   Short Term-                   COOPERATING; Rating continues to
   Unallocated                   remain under 'Issuer Not
                                 Cooperating' category
  
As part of its process and in accordance with its rating agreement
with Siddarth Organisation 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. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

Siddarth Group (SG) was established in 1984 in Jaipur. Siddarth
Group is engaged in the manufacturing of ladies' garments, kids'
garments, scarfs and fashion accessories. Siddarth Group comprises
of three independent units producing Ladies and Children Garments
namely Siddarth Organization, Siddarth Organisation Limited and
Siddarth Intercraft Private Limited. The factory is geared up to
deliver 2 million Garments annually. The company is engaged in
manufacturing and trading of garments primarily for women (such as
kurtis, cardigans, tops, coats, tunics, leggings, dresses, pants,
leggings & salwar kameez). The company caters to midrange of
products with price range of the products varying from
INR500-INR5000 per piece. The company's brand portfolio includes
products that range from affordable and mass-market to luxurious,
highend styles that cater to every age group, from children to
women. Siddarth Group has four Brands -Paprika, Surasa, Jaipuri
Kurti, Chickpea.

SRINIVASA EDUCATIONAL: ICRA Moves D Rating to Not Cooperating
-------------------------------------------------------------
ICRA Ratings has migrated the rating on bank facilities of
Srinivasa Educational Trust (SET) to Issuer Not Cooperating
category.

                    Amount
   Facilities     (INR crore)    Ratings
   ----------     -----------    -------
   Long-term–        10.25       [ICRA]D; ISSUER NOT
COOPERATING;
   Fund based                    Rating moved to the 'Issuer Not
   Term Loan                     Cooperating' Category

Rationale

As part of its process and in accordance with its rating agreement
with Srinivasa Educational Trust, ICRA has been trying to seek
information from the entity so as to monitor its performance, but
despite repeated requests by ICRA, the entity's management has
remained non-cooperative. In the absence of requisite information
and in line with the aforesaid policy of ICRA, a rating view has
been taken on the entity based on the best available information.

Established in 1992, Srinivasa Educational Trust (SET) offers
primary, secondary, and higher education in the Krishnagiri
district of Tamil Nadu. SET was established by Dr. S.
Thirumalmurugan and the Trust runs four educational institutions
located in Uthangiri, Krishnagiri. SET had a total strength of
5,749 students in the academic year (AY) 2021-22 against 6,257
students in AY 2020-21.


SUNWORLD RESIDENCY: ICRA Keeps D Debt Rating in Not Cooperating
---------------------------------------------------------------
ICRA has kept the Long-Term rating of Sunworld Residency Private
Limited in the 'Issuer Not Cooperating' category. The rating is
denoted as "[ICRA]D; ISSUER NOT COOPERATING".

                    Amount
   Facilities     (INR crore)   Ratings
   ----------     -----------   -------
   Long-term–        90.00      [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 Sunworld Residency 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. In the absence of requisite information and in
line with the aforesaid policy of ICRA, the rating has been
continued to the "Issuer Not Cooperating" category. The rating is
based on the best available information.

SRPL, incorporated in June 2010, had leased a 10 acre land parcel
from NOIDA to develop a residential housing in Sector 168, Noida.
The company is currently developing a residential housing project
on the ~10 acre land parcel in sector 168, Noida named Sunworld
Arista and launched in December, 2011. Sunworld Arista consists of
10 towers and some commercial area.


TATA MOTORS: Moody's Ups CFR & Senior Unsecured Debt Rating to Ba3
------------------------------------------------------------------
Moody's Investors Service has upgraded Tata Motors Limited's (TML)
corporate family rating to Ba3 from B1. Concurrently, Moody's has
also upgraded to Ba3 from B1 TML's senior unsecured instruments
ratings. Moody's has maintained positive outlook on all ratings.

"The rating upgrades reflect continued improvement in TML's credit
profile on the back of strengthening profitability and free cash
flow that have enabled the company to reduce its borrowings despite
elevated capital expenditure. As a result, the company's leverage
as measured by debt/EBITDA has declined below 4x as of March 2023,"
says Kaustubh Chaubal, a Moody's Senior Vice President.

"The rating upgrades and positive outlook are underpinned by TML's
conservative financial policies that balance growth with prudent
debt management, which will support a further improvement in its
credit profile over the next 12-18 months" adds Chaubal, who is
also Moody's Lead Analyst for Tata Motors.

RATINGS RATIONALE

TML remains focused on achieving its net zero automotive debt
target by March 2025. Moody's estimates that TML will reduce its
gross debt by almost 30% by March 2024 from March 2022 levels.

Strong underlying demand has boosted volumes. At the same time, the
company has constantly refreshed its product slate with a wide
offering across price points and sustained cost rationalization
initiatives. These factors amid relatively softer input prices will
increase its EBITA margin to 8%-9% over the next two fiscal years
from around 4% in the fiscal year ending March 2023 (fiscal 2023).

Continued debt reduction and earnings expansion will enable TML's
leverage, measured by Moody's-adjusted consolidated gross
debt/EBITDA, to steadily improve to less than 2.0x at March 2024
from around 4.0x as of March 2023 and 6.4x as of March 2022.

Moody's believes that TML will sustain the improvement in all three
of its automotive operations: commercial vehicle (CV) and passenger
vehicle (PV) business in India, collectively referred to as TML
India; and its global premium passenger car business through wholly
owned subsidiary Jaguar Land Rover Automotive Plc (JLR, Ba3
positive).

Moody's recently upgraded its rating of JLR.

Moody's forecasts for JLR assume a 25% increase in its wholesale
volumes to at least 400,000 in fiscal 2024, twice its order book of
around 200,000 units as of March 2023. With 77% of the 168,000
order book at September 2023 representing highly profitable models
- Range Rover, Range Rover Sport and Defender - JLR's revenues will
likely climb to nearly GBP30 billion during fiscal 2024 and its
Moody's-adjusted EBITA margin will inch closer upwards of 8%,
having improved to 3.3% in fiscal 2023 from 2.5%-2.7% over the
prior two fiscal years.

Even so, JLR's strategy of transitioning to an all-electric
portfolio of Jaguar and Land Rover nameplates by the end of the
decade will require large expenditure towards engineering, product
development and new platforms. Still, Moody's expects the premium
car maker to generate annual free cash flow exceeding GBP2.0
billion during fiscal 2024 and for it to remain substantially
positive beyond, after staying negative for five of the previous
eight fiscal years.

Execution risk around the transition to electric vehicles continues
to be significant for automobile manufacturers globally; the
industry remains at an early stage of a significant long-term
transition to reduce carbon emissions by improving fuel efficiency
and shifting to fully electric vehicles. Key risks for automakers
include loss of market share, inability to earn adequate profits
and returns on electric vehicles, as well as inability to
manufacture vehicles due to potential constraints in the supply of
critical materials.

Meanwhile TML India's prospects remain bright. The world's populous
nation's favorable demographics with rising per capita and
disposable incomes and growing working age population will lift
demand for PVs, while for CVs a cyclical recovery and the
government's large push towards infrastructure investments will
drive demand. A steady slew of new models and model variants across
different price points, persistent focus on branding and customer
satisfaction will, in Moody's view, help TML India's CV and PV
businesses achieve volume growth of 2% -5% over the next two fiscal
years.

In particular, TML India's PV operations have already turned a
corner, with its market share growing to 13.4% in the first half of
fiscal 2024 from 5% three years ago, and in generating positive
EBITDA (on a reported basis) for the past 13 consecutive quarters
ended September 2023. Sustained EBITDA improvement while preserving
its competitive position in a price-sensitive market crowded with
numerous global carmakers remains a key success factor.

Moody's favorably notes TML's early mover advantage in electrical
vehicles (EVs) in India, that account for around 13% of TML India's
PV sales. TML India's EV offering expanding to 10 models by 2026
from four now, and its strategy of positioning products across
different price points will place the company well to benefit as
the country progresses towards its electrification targets of 30%
penetration by 2030, up from around 1% now.

Moody's forecasts TML's consolidated revenues to cross the $50
billion mark in fiscal years 2024 and 2025, EBITDA to expand to
$5.8 billion - $6.3 billion, and for its EBITA margin to hover
around the 8.0%-9.0% mark, given the inherent strong growth across
its three key businesses. Higher volumes will help to better absorb
fixed costs, expand earnings and free cash flow, even after
incurring around $2 billion - $2.7 billion annually towards capital
expenditure. A sustained delivery of such performance will build
further upward rating pressure, as indicated by the continuation of
the positive rating outlook, even after the upgrade to Ba3.

The Ba3 CFR continues to reflect TML's strong global presence in
the premium car segment through JLR; its leading market position in
CVs and EVs in India; significantly stronger market position in PVs
in India; and the improving trajectory of its financial metrics.

The CFR also incorporates a one-notch uplift, reflecting Moody's
expectation of extraordinary support for TML from its parent Tata
Sons Ltd. (Tata Sons) in times of need.

On balance, the CFR incorporates challenges that could hamper
operating performance, arising from the company's high capital
spending and execution risks associated with, in particular, JLR's
electrification strategy and transformation.

ENVIRONMENTAL, SOCIAL AND GOVERNANCE CONSIDERATIONS

TML's ratings also reflect a number of environmental, social and
governance (ESG) considerations that are inherent to the automotive
industry. This includes higher environmental standards, stricter
emission regulations and electrification; autonomous driving and
connectivity; increasing vehicle safety regulations; and the entry
of new market participants. Moody's expects TML and its peers to
continue to require sizeable investments to cope with these
challenges, which will constrain profitability and free cash flows
in the coming years.

RATINGS OUTLOOK

The positive outlook reflects TML's improved and already robust
credit metrics that remain much stronger for its just upgraded CFR.
Moody's would further upgrade TML's ratings should the company
continue to deliver on its strategic growth priorities while
maintaining a balanced financial policy that focuses on achieving
net-zero automotive debt by March 2025.

LIQUIDITY

TML's liquidity is very good. The company's consolidated cash, cash
equivalents and short-term investments of around $6.5 billion as of
September 2023 and Moody's expected cash flow from operations (CFO)
totaling $8.3 billion over the 18 months ending March 2025, will be
more than sufficient to meet its cash obligations aggregating $8.9
billion. These cash obligations comprise $4.8 billion in debt
repayments (including short-term debt), around $3.8 billion of
capital expenditure and modest dividends of $335 million.

An entirely undrawn GBP1.5 billion revolving credit facility (RCF)
maturing in 2026 provides JLR cushion to tide through seasonal
variations in its CFO, although TML India would need to rely on its
short-term 364-day working capital facilities to tide over similar
temporary mismatches. Still, TML's association with the broader
Tata Group enables continued strong access to domestic capital
markets and Indian and multinational banks.

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

Moody's could upgrade TML's ratings further to Ba2 if: operating
performance remains strong such that consolidated leverage is
maintained comfortably below 5.0x, EBITA margin above 4%, while
generating positive free cash flow, all on a sustained basis.

The rating outlook could return to stable if there are material
deterrents in TML achieving the rating agency's current expectation
of a sustained improvement in credit profile.

Downward rating pressure could occur if a substantial weakness in
operating performance were to occur that materially reverses the
improving trend such that consolidated leverage climbs above 6.0x
or EBITA margin slides below 3%.

Any revision to Moody's assumption of support from Tata Sons will
also prompt a revision to the one-notch uplift incorporated in
TML's ratings.

PRINCIPAL METHODOLOGY

The principal methodology used in these ratings was Automobile
Manufacturers published in May 2021.

CORPORATE PROFILE

Tata Motors Limited (TML) is the flagship automotive company of
India's leading conglomerate, Tata Sons. TML is India's leading
manufacturer of commercial vehicles and passenger vehicles. The
company's products include light, medium and heavy vehicles, such
as trucks, pick-ups and buses, utility vehicles and passenger cars.
For the first half of the fiscal year ending March 2024 (H1 fiscal
2024), TML sold around 195,400 CVs and 279,400 PVs (other than
JLR).

Headquartered in the UK, TML's wholly-owned subsidiary JLR
manufactures premium passenger cars under the Jaguar and Land Rover
brands and is the global leader of luxury sports utility vehicles
(SUVs) through three families comprising the Range Rover, Discovery
and Defender brands. During H1 fiscal 2024, JLR sold 190,070 units,
generating GBP13.8 billion revenues. JLR's 50%-owned joint venture
in China sold around 25,400 units during the same period.

During H1 fiscal 2024, TML generated $25.0 billion in revenues for
its automotive operations.

TRIDENT TEXOFAB: CRISIL Lowers Rating on INR13.25cr Loan to D
-------------------------------------------------------------
CRISIL Ratings has downgraded its rating on the bank facilities of
Trident Texofab Ltd (TTL) to 'CRISIL D' from 'CRISIL BB/Stable'.

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Cash Credit            13.25       CRISIL D (Downgraded from
                                      'CRISIL BB/Stable')

   Long Term Loan          3.25       CRISIL D (Downgraded from
                                      'CRISIL BB/Stable')

   Proposed Fund-          0.44       CRISIL D (Downgraded from
   Based Bank Limits                  'CRISIL BB/Stable')

   Working Capital         2.42       CRISIL D (Downgraded from
   Term Loan                          'CRISIL BB/Stable')

   Working Capital         0.64       CRISIL D (Downgraded from
   Term Loan                          'CRISIL BB/Stable')

The downgrade reflects a five-day delay by TTL in servicing the
equated monthly installments of three loans for July 2023 during
the takeover of its limits along with weak liquidity owing to high
bank limit utilisation.

The rating also factors in the large working capital requirement
and leveraged capital structure of TTL. These weaknesses are
partially offset by the extensive experience of the promoters in
the textiles weaving, knitting and processing industry and the
above-average operating efficiency of the company.

Analytical Approach

CRISIL Ratings has considered the standalone business and financial
risk profiles of TTL.

Key Rating Drivers & Detailed Description

Weaknesses:

* Delays in debt servicing due to weak liquidity: TTL had delayed
servicing its repayment obligation for July 2023 by five days due
to its limit takeover process and weak liquidity owing to high bank
limit utilisation. However, post these delays, there has been no
other delay in debt repayment.


Large working capital requirement: Gross current assets were 175
days on March 31, 2023 (against 164 days a year ago), driven by
high debtors of 128 days and huge inventory of 44 days. The company
must extend the long credit period and maintain sizeable
work-in-process and inventory to meet business needs.

* Leveraged capital structure: Total outside liabilities to
adjusted networth ratio stood high at 4.09 times and gearing at
2.31 times as on March 31, 2023, led by reliance on bank borrowing.
Despite the leverage, the capital structure may improve over the
medium term owing to an estimated increase in net worth and a rise
in the scale of operations.

Strengths:

* Extensive experience of the promoters: The promoters have more
than two decades of experience in the textiles weaving, knitting
and processing industry; their strong understanding of market
dynamics and healthy relationships with customers and suppliers
should continue to support the business. CRISIL Ratings believes
that improved performance over the medium term will be supported by
strong relationships with customers and suppliers.

* Above-average operating efficiencies: Operating income was
INR96.5 crore in fiscal 2023 (against INR84.3 crore in fiscal 2022)
with healthy operating margin at 8.6%. This is expected to increase
further in the coming fiscals, with the trading component reducing
to 17-18% in overall sales and the manufacturing component
increasing.

Liquidity: Poor

Liquidity is likely to remain constrained by leveraged capital
structure and large working capital requirement. Net cash accrual
is expected to be over INR6 crores per annum, against yearly debt
obligation of INR2.9-3.3 crore over the medium term. TTL had
delayed the repayment of debt obligation for July 2023 by five
days. Bank limit utilisation was high at around 98.4% for the 12
months through September 2023.

Rating Sensitivity factors

Upward Factors:

* Track record of timely servicing of debt for at least three
months
* Significant improvement in liquidity

Incorporated in 2008, TTL manufactures and trades in textile
fabrics used in home furnishing products and clothing. Its facility
at Surat in Gujarat has installed capacity of 20-25 lakh metre of
fabric per month. The company was listed on the small and medium
enterprises platform of Bombay Stock Exchange in 2017. Mr Hardik
Desai, Mr Chetan Jariwala and Ms Maniya Hardik Desai own and manage
the business.


VALLABH STEELS: CRISIL Keeps D Debt Ratings in Not Cooperating
--------------------------------------------------------------
CRISIL Ratings said the ratings on bank facilities of Vallabh
Steels Limited (VSL; part of the Vallabh group) continue to be
'CRISIL D/CRISIL D Issuer Not Cooperating'.

                         Amount
   Facilities         (INR Crore)     Ratings
   ----------         -----------     -------
   Cash Credit             39         CRISIL D (Issuer Not
                                      Cooperating)

   Letter of credit        26.5       CRISIL D (Issuer Not
   & Bank Guarantee                   Cooperating)

   Proposed Long Term       4.80      CRISIL D (Issuer Not
   Bank Loan Facility                 Cooperating)

CRISIL Ratings has been consistently following up with VSL for
obtaining information through letter and email dated September 11,
2023 among others, apart from telephonic communication. However,
the issuer has remained non cooperative.

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

Detailed Rationale

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

For arriving at its ratings, CRISIL Ratings has combined the
financial and business risk profiles of VSL and Vardhman Industries
Ltd (VIL). This is because the two companies, together referred to
as the Vallabh group, have a common management, integrated treasury
functions, and strong operational and financial linkages, and are
engaged in similar operations in the steel industry.

Incorporated in 1968, VSL manufactures cold rolled (CR) coils,
automotive (auto) rims, and electric resistance welded pipes. Most
of the company's revenue and profit is derived from the sale of CR
coils to local manufacturers of bicycles and auto ancillary units.




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

RENESAS ELECTRONICS: INCJ Sells US$1.8 Billion of Renesas Shares
----------------------------------------------------------------
Reuters reports that Japanese state-backed fund INCJ said it has
sold all but a token portion of its stake in Renesas Electronics,
offloading JPY279 billion ($1.84 billion) worth of shares.

The shares have primarily been sold to overseas institutional
investors, INCJ said.

The sale price of JPY2,143 per share represented a discount of
8.01% on Renesas' closing share price of JPY2,329.5 on Nov. 9, the
fund said in a separate statement on Nov. 10, Reuters discloses.

Renesas shares had dropped 4.5% to JPY2,224 by mid-morning on Nov.
10.

INCJ previously held 6.65% of Renesas' shares, it said in a
statement on Nov. 9. It has retained a marginal holding of 75
shares, versus 130 million shares held.

Reuters notes that the deal marks the fifth-largest block trade in
Asia so far this year and the second-largest in Japan since 2020,
according to Dealogic data.

According to Reuters, the fund first invested in Renesas in 2013,
acquiring 69% of the struggling chipmaker which at the time was the
world's leading maker of microcontroller chips used in cars.

Renesas had been booking huge losses in the face of intense
competition from overseas rivals such as Samsung Electronics, the
report states.

Reuters says Japanese taxpayer-funded INCJ, established in 2009 as
a temporary scheme to promote new industries and take on risky,
long-term investments, headed the Renesas bailout to counter a
takeover bid from U.S. private equity firm KKR & Co. The Japanese
government feared at the time that Renesas technology would end up
in foreign hands.

INCJ has been steadily selling off its holding in Renesas in recent
years and is set to exit all of its investments by March 2025, the
report notes.

Renesas Electronics Corp is a Japan-based company that manufactures
and distributes semiconductor components and other products for use
in automotive, healthcare, computer peripheral, connectivity, home
appliance, and industrial end markets. Its product portfolio
includes microcontrollers and microprocessors, embedded systems
platform, insulated-gate bipolar transistors, intelligent power
devices, thrysistors, transistors, diodes, analog integrated
circuits, and optoelectronics products. The firm has operations in
Japan, the Americas, Europe, Middle East and Africa, and Asia.



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

INCA NEWMARKET: Award-Winning Restaurant Closes Doors
-----------------------------------------------------
NZ Herald reports that Nic Watts' award-winning rooftop Newmarket
restaurant INCA has closed its doors after just three years in
business.

Staff were informed on Nov. 2 that INCA Newmarket had gone into
voluntary liquidation, the report says.

The restaurant employs 24 staff.

NZ Herald relates that Mr. Watt, the chef and owner, said INCA
Newmarket had "exhausted all other financial options available" and
the business was no longer sustainable.

"It has been a gut-wrenching realisation that there is no other
option for INCA Newmarket. We have barely held on in riding out the
challenges of the last couple of years and now the reality of the
continuing economic headwinds has made it untenable to remain
open," the report quotes Mr. Watt as saying.

"Paying INCA Newmarket's team of 24 staff is a priority for the
liquidators, and we are in conversation with all outstanding
creditors.

"I've been in the industry for 32 years and the last 12 months have
undoubtedly been the most challenging we've seen for the
hospitality sector, with no respite in sight."

Liquidators PKF Corporate Recovery and Insolvency have been
appointed to manage the voluntary liquidation process, NZ Herald
discloses.

INCA Ponsonby remains open and is taking bookings. Any customers
with dining vouchers for INCA Newmarket will have them honoured at
the Ponsonby location, the report notes.

INCA, which describes its restaurants as where Latin America meets
Asia, opened its Newmarket restaurant in October 2019.  INCA
recently won Restaurant of the Year 2023 at the Newmarket Business
Awards.


MALOTIA LIMITED: Court to Hear Wind-Up Petition on Nov. 21
----------------------------------------------------------
A petition to wind up the operations of Malotia Limited will be
heard before the High Court at Wellington on Nov. 21, 2023, at
10:00 a.m.

The Commissioner of Inland Revenue filed the petition against the
company on June 8, 2023.

The Petitioner's solicitor is:

          Rebecca Erin O'Sullivan
          Legal Services
          5th Floor, Asteron Centre
          55 Featherston Street (PO Box 1462)
          Wellington 6140


OUTSMART HUB: Creditors' Proofs of Debt Due on Dec. 12
------------------------------------------------------
Creditors of Outsmart Hub Limited, Smartlife Custom Limited
Smartlife Labs Limited, Smartlife Mangawhai Limited, Smarttech
Distribution Limited, and Smarttech Holdings Limited are required
to file their proofs of debt by Dec. 12, 2023, to be included in
the company's dividend distribution.

The companies commenced wind-up proceedings on Nov. 6, 2023.

The liquidators can be reached at:

          Bryan Williams
          c/o BWA Insolvency Limited
          PO Box 609
          Kumeu 0841


PHOENIX LAW: Court to Hear Wind-Up Petition on Nov. 21
------------------------------------------------------
A petition to wind up the operations of Phoenix Law Limited will be
heard before the High Court at Wellington on Nov. 21, 2023, at
10:00 a.m.

The Commissioner of Inland Revenue filed the petition against the
company on Sept. 8, 2023.

The Petitioner's solicitor is:

          Claudia Elizabeth Mazuecos
          Legal Services
          Asteron Centre
          55 Featherston Street (PO Box 1462)
          Wellington 6140


SIGNUM HOLDINGS: Creditors' Proofs of Debt Due on Dec. 6
--------------------------------------------------------
Creditors of Signum Holdings Limited are required to file their
proofs of debt by Dec. 6, 2023, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Nov. 8, 2023.

The company's liquidators are:

          STEVEN KHOV
          KIERAN JONES
          Khov Jones Limited
          PO Box 302261
          North Harbour
          Auckland 0751


SMART AUTO: Creditors' Proofs of Debt Due on Dec. 15
----------------------------------------------------
Creditors of Smart Auto Shop Limited are required to file their
proofs of debt by Dec. 15, 2023, to be included in the company's
dividend distribution.

The company commenced wind-up proceedings on Nov. 3, 2023.

The company's liquidator is:

          Craig Young
          PO Box 87340
          Auckland




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

APEX FUTURE: Court to Hear Wind-Up Petition on Nov. 20
------------------------------------------------------
A petition to wind up the operations of Apex Future Pte Ltd will be
heard before the High Court of Singapore on Nov. 20, 2023, at 3:00
p.m.

DBS Bank Ltd filed the petition against the company on July 3,
2023.

The Petitioner's solicitors are:

          Kelvin Chia Partnership
          1 Harbourfront Avenue
          #14-01, Keppel Bay Tower
          Singapore 098632


ARCHWEY PTE: Court Enters Wind-Up Order
---------------------------------------
The High Court of Singapore entered an order on Oct. 20, 2023, to
wind up the operations of Archwey Pte. Ltd.

Cameron Lindsay Duncan and David Dong-Won Kim of KordaMentha Pte
Ltd have been appointed as joint and several liquidators of the
Company.


CRYSTAL-MOVEON: Court to Hear Wind-Up Petition on Nov. 17
---------------------------------------------------------
A petition to wind up the operations of Crystal-Moveon Technologies
Pte Ltd will be heard before the High Court of Singapore on Nov.
17, 2023, at 10:00 a.m.

Zhejiang Crystal-Optech Co., Ltd. filed the petition against the
company on Oct. 31, 2023.

The Petitioner's solicitors are:

          Drew & Napier LLC
          10 Collyer Quay
          #10-01 Ocean Financial Centre
          Singapore 049315


NASACO ELECTRONICS: Creditors' Proofs of Debt Due on Dec. 10
------------------------------------------------------------
Creditors of Nasaco Electronics Pte. Ltd. are required to file
their proofs of debt by Dec. 10, 2023, to be included in the
company's dividend distribution.

The company commenced wind-up proceedings on Nov. 6, 2023.

The company's liquidator is:

          Tan Lye Heng Paul
          c/o CACS Corporate Advisory  
          120 Robinson Road #16-01
          Singapore 068913


SYNERGY-BIZ PTE: Court to Hear Wind-Up Petition on Nov. 20
----------------------------------------------------------
A petition to wind up the operations of Synergy-Biz Pte Ltd will be
heard before the High Court of Singapore on Nov. 20, 2023, at 3:00
p.m.

DBS Bank Ltd filed the petition against the company on July 3,
2023.

The Petitioner's solicitors are:

          Kelvin Chia Partnership
          1 Harbourfront Avenue
          #14-01, Keppel Bay Tower
          Singapore 098632


VINS MASTERZ: Court to Hear Wind-Up Petition on Nov. 24
-------------------------------------------------------
A petition to wind up the operations of Vins Masterz Private
Limited will be heard before the High Court of Singapore on Nov.
24, 2023, at 10:00 a.m.

DBS Bank Ltd filed the petition against the company on Nov. 1,
2023.

The Petitioner's solicitors are:

          Kelvin Chia Partnership
          1 Harbourfront Avenue
          #14-01, Keppel Bay Tower
          Singapore 098632




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

[*] BOND PRICING: For the Week Nov. 6, 2023 to Nov. 10, 2023
------------------------------------------------------------
Issuer                Coupon     Maturity    Currency    Price
------                ------     --------    --------    -----


   AUSTRALIA
   ---------

ACN 113 874 712 PTY     13.25     02/15/18      USD       0.20
ACN 113 874 712 PTY     13.25     02/15/18      USD       0.20
APA INFRASTRUCTURE       2.50     03/15/36      GBP      65.96
APA INFRASTRUCTURE       1.25     03/15/33      EUR      73.26
AURIZON NETWORK PTY      3.29     12/15/31      AUD      75.20
AUSNET SERVICES HOL      3.16     08/07/40      AUD      61.38
AUSNET SERVICES HOL      2.57     08/07/35      AUD      65.14
AUSNET SERVICES HOL      2.57     08/07/35      AUD      65.45
AUSNET SERVICES HOL      4.50     11/24/43      AUD      72.78
AUSNET SERVICES HOL      4.50     05/29/43      AUD      73.98
AUSTRALIA & NEW ZEA      3.00     12/17/40      AUD      49.11
AUSTRALIA & NEW ZEA      2.92     12/22/40      AUD      54.57
AUSTRALIA & NEW ZEA      1.23     02/18/50      EUR      54.62
AUSTRALIA & NEW ZEA      3.40     12/20/39      AUD      62.20
AUSTRALIA & NEW ZEA      3.74     09/26/47      USD      66.88
AUSTRALIA & NEW ZEA      1.86     02/28/44      EUR      67.61
AUSTRALIA & NEW ZEA      1.92     03/18/44      EUR      68.42
AUSTRALIA & NEW ZEA      2.20     12/21/48      EUR      69.81
AUSTRALIA & NEW ZEA      1.65     07/21/31      USD      72.03
AUSTRALIA & NEW ZEA      3.58     05/30/37      USD      73.08
AUSTRALIA & NEW ZEA      2.57     11/25/35      USD      73.68
AUSTRALIA & NEW ZEA      2.57     11/25/35      USD      73.71
AUSTRALIA & NEW ZEA      1.44     03/09/37      EUR      74.76
AUSTRALIA & NEW ZEA      3.83     02/13/37      USD      75.56
AUSTRALIA GOVERNMEN      1.75     06/21/51      AUD      50.88
AUSTRALIA GOVERNMEN      3.00     03/21/47      AUD      71.62
AUSTRALIA GOVERNMEN      2.75     05/21/41      AUD      73.61
AUSTRALIAN CATHOLIC      3.00     11/26/40      AUD      67.34
CHARTER HALL LWR PT      2.79     03/03/31      AUD      74.00
CHC FINANCE PTY LTD      3.09     04/21/31      AUD      75.11
CLIME CAPITAL LTD/F      5.25     11/30/25      AUD       0.98
COMMONWEALTH BANK O      1.90     03/12/50      AUD      41.31
COMMONWEALTH BANK O      3.30     08/26/50      AUD      47.11
COMMONWEALTH BANK O      2.45     10/18/49      AUD      48.76
COMMONWEALTH BANK O      2.60     09/27/49      AUD      50.53
COMMONWEALTH BANK O      2.66     11/26/49      AUD      51.29
COMMONWEALTH BANK O      2.70     09/18/49      AUD      51.78
COMMONWEALTH BANK O      2.71     10/29/49      AUD      51.90
COMMONWEALTH BANK O      0.48     07/30/43      EUR      52.31
COMMONWEALTH BANK O      0.48     07/29/41      EUR      53.45
COMMONWEALTH BANK O      3.12     08/27/41      AUD      54.00
COMMONWEALTH BANK O      3.30     09/24/41      AUD      55.64
COMMONWEALTH BANK O      1.34     05/17/49      EUR      55.95
COMMONWEALTH BANK O      3.00     12/10/40      AUD      57.16
COMMONWEALTH BANK O      1.01     07/19/44      EUR      57.33
COMMONWEALTH BANK O      3.20     08/27/40      AUD      58.21
COMMONWEALTH BANK O      0.69     11/15/39      EUR      62.38
COMMONWEALTH BANK O      3.31     03/11/41      USD      63.14
COMMONWEALTH BANK O      3.31     03/11/41      USD      63.20
COMMONWEALTH BANK O      3.10     11/30/41      AUD      63.62
COMMONWEALTH BANK O      1.52     02/15/44      EUR      63.84
COMMONWEALTH BANK O      1.60     03/28/43      EUR      66.86
COMMONWEALTH BANK O      2.05     07/24/48      EUR      67.67
COMMONWEALTH BANK O      4.32     01/10/48      USD      68.62
COMMONWEALTH BANK O      4.32     01/10/48      USD      68.73
COMMONWEALTH BANK O      3.00     03/20/35      AUD      68.88
COMMONWEALTH BANK O      1.20     05/16/39      EUR      69.17
COMMONWEALTH BANK O      3.74     09/12/39      USD      69.34
COMMONWEALTH BANK O      3.74     09/12/39      USD      69.40
COMMONWEALTH BANK O      3.30     05/28/35      AUD      69.47
COMMONWEALTH BANK O      2.50     12/18/34      AUD      70.19
COMMONWEALTH BANK O      1.00     07/27/36      EUR      70.31
COMMONWEALTH BANK O      2.09     08/03/48      EUR      70.34
COMMONWEALTH BANK O      3.66     09/23/34      AUD      70.85
COMMONWEALTH BANK O      2.85     07/29/36      USD      71.08
COMMONWEALTH BANK O      1.41     03/14/39      EUR      71.41
COMMONWEALTH BANK O      1.92     03/07/44      EUR      71.52
COMMONWEALTH BANK O      1.64     11/03/37      EUR      72.57
COMMONWEALTH BANK O      2.90     11/20/34      NZD      73.01
COMMONWEALTH BANK O      1.48     01/19/38      EUR      73.25
COMMONWEALTH BANK O      1.62     01/25/39      EUR      73.40
COMMONWEALTH BANK O      1.63     11/02/37      EUR      73.45
COMMONWEALTH BANK O      1.63     01/17/39      EUR      73.54
COMMONWEALTH BANK O      4.44     11/21/47      AUD      73.59
COMMONWEALTH BANK O      2.26     04/26/48      EUR      73.64
COMMONWEALTH BANK O      1.47     08/02/38      EUR      73.64
COMMONWEALTH BANK O      2.25     07/17/48      EUR      74.39
COMMONWEALTH BANK O      1.60     10/04/38      EUR      74.49
COMMONWEALTH BANK O      1.63     01/18/39      EUR      74.54
COMMONWEALTH BANK O      4.51     09/25/47      AUD      74.68
COMMONWEALTH BANK O      1.90     08/31/31      AUD      74.70
COMMONWEALTH BANK O      4.49     10/11/47      AUD      74.74
COMMONWEALTH BANK O      1.80     02/28/39      EUR      74.82
COMMONWEALTH BANK O      2.31     01/18/49      EUR      74.88
COMMONWEALTH BANK O      1.91     08/31/31      AUD      74.90
COMMONWEALTH BANK O      4.44     02/19/48      AUD      75.14
COMMONWEALTH BANK O      2.37     06/17/39      EUR      76.02
COMMONWEALTH BANK O      1.54     04/13/37      EUR      76.20
COMMONWEALTH BANK O      1.64     11/02/37      EUR      76.24
CPIF FINANCE PTY LT      2.49     10/28/30      AUD      74.38
DEXUS FINANCE PTY L      4.70     08/10/38      AUD      73.02
DEXUS FINANCE PTY L      3.00     02/03/32      AUD      73.72
DWPF FINANCE PTY LT      2.60     08/04/32      AUD      69.52
ECP EMERGING GROWTH      5.50     04/11/27      AUD       1.33
EDITH COWAN UNIVERS      3.40     07/15/41      AUD      61.22
EDITH COWAN UNIVERS      2.74     07/15/33      AUD      73.62
EXCHANGE TRADED AUS      1.75     06/21/51      AUD      52.72
EXCHANGE TRADED AUS      3.00     03/21/47      AUD      73.30
EXCHANGE TRADED AUS      2.75     05/21/41      AUD      75.34
FLAGSHIP INVESTMENT      5.50     10/01/26      AUD       2.52
GENERAL PROPERTY TR      2.21     12/04/35      HKD      69.57
GENERAL PROPERTY TR      2.85     02/20/32      AUD      72.18
GLENNON SMALL COS L      5.60     09/30/30      AUD       9.25
GLOBAL MASTERS FUND      5.50     11/24/26      AUD       2.82
GPT WHOLESALE OFFIC      2.63     03/12/36      HKD      71.86
GPT WHOLESALE OFFIC      3.22     11/05/31      AUD      74.75
HOUSING AUSTRALIA        2.34     06/30/36      AUD      72.05
HOUSING AUSTRALIA        1.41     06/29/32      AUD      74.23
MACQUARIE BANK LTD       3.05     03/03/36      USD      74.17
MACQUARIE BANK LTD       3.05     03/03/36      USD      74.19
MACQUARIE GROUP LTD      2.50     09/24/36      USD      61.11
MACQUARIE GROUP LTD      2.60     10/08/36      USD      61.87
MACQUARIE GROUP LTD      2.67     10/27/36      USD      62.34
MACQUARIE GROUP LTD      2.22     06/26/39      SEK      65.78
MACQUARIE GROUP LTD      1.95     02/22/31      USD      72.70
MACQUARIE GROUP LTD      2.21     03/10/31      USD      73.69
MACQUARIE GROUP LTD      2.50     06/23/31      USD      74.64
MACQUARIE GROUP LTD      2.88     01/20/32      USD      75.33
MACQUARIE GROUP LTD      2.55     05/27/31      USD      75.34
MACQUARIE GROUP LTD      2.56     05/21/31      USD      75.45
MACQUARIE GROUP LTD      2.58     05/27/31      USD      75.52
MACQUARIE GROUP LTD      2.59     05/27/31      USD      75.55
MACQUARIE UNIVERSIT      3.10     11/22/44      AUD      60.44
MACQUARIE UNIVERSIT      3.05     05/20/40      AUD      67.22
MOSAIC BRANDS LTD        8.00     09/30/24      AUD       0.81
NATIONAL AUSTRALIA       2.65     01/14/41      USD      56.68
NATIONAL AUSTRALIA       2.65     01/14/41      USD      56.71
NATIONAL AUSTRALIA       3.35     07/24/40      AUD      56.83
NATIONAL AUSTRALIA       2.48     12/05/39      AUD      59.91
NATIONAL AUSTRALIA       3.40     06/30/40      AUD      60.57
NATIONAL AUSTRALIA       3.35     07/17/40      AUD      60.66
NATIONAL AUSTRALIA       3.71     11/25/41      AUD      60.76
NATIONAL AUSTRALIA       2.60     01/28/40      AUD      60.87
NATIONAL AUSTRALIA       2.68     01/22/40      AUD      61.79
NATIONAL AUSTRALIA       2.64     12/16/39      AUD      61.84
NATIONAL AUSTRALIA       2.76     01/21/40      AUD      62.50
NATIONAL AUSTRALIA       3.37     05/25/46      USD      62.69
NATIONAL AUSTRALIA       4.10     02/24/42      AUD      64.22
NATIONAL AUSTRALIA       3.87     08/02/47      USD      67.99
NATIONAL AUSTRALIA       3.30     06/09/35      AUD      69.81
NATIONAL AUSTRALIA       3.05     01/27/37      AUD      70.20
NATIONAL AUSTRALIA       3.24     06/02/36      USD      71.72
NATIONAL AUSTRALIA       3.31     06/17/36      USD      72.44
NATIONAL AUSTRALIA       3.07     12/23/34      NZD      74.15
NATIONAL AUSTRALIA       2.50     03/28/38      SEK      75.04
NATIONAL AUSTRALIA       1.95     09/21/38      EUR      75.34
NATIONAL AUSTRALIA       1.81     03/23/37      EUR      75.40
NBN CO LTD               2.80     07/20/33      AUD      73.81
NEW SOUTH WALES TRE      0.61     02/24/50      EUR      49.61
NEW SOUTH WALES TRE      2.45     08/24/50      AUD      53.55
NEW SOUTH WALES TRE      2.25     05/20/42      AUD      58.67
NEW SOUTH WALES TRE      2.25     05/07/41      AUD      60.40
NEW SOUTH WALES TRE      2.25     11/20/40      AUD      61.04
NEW SOUTH WALES TRE      1.75     03/20/34      AUD      70.84
NEWCREST FINANCE PT      4.20     05/13/50      USD      73.82
NEWCREST FINANCE PT      4.20     05/13/50      USD      74.10
NORTHERN TERRITORY       3.00     03/21/51      AUD      63.51
NORTHERN TERRITORY       2.75     03/21/41      AUD      66.98
PACIFIC NATIONAL FI      3.80     09/08/31      AUD      73.72
QUEENSLAND TREASURY      0.69     06/01/50      EUR      46.73
QUEENSLAND TREASURY      2.25     10/28/50      AUD      50.97
QUEENSLAND TREASURY      2.25     11/20/41      AUD      59.97
QUEENSLAND TREASURY      2.25     04/16/40      AUD      62.28
QUEENSLAND TREASURY      1.64     11/22/46      EUR      64.48
QUEENSLAND TREASURY      1.75     07/20/34      AUD      70.60
QUEENSLAND TREASURY      1.50     08/20/32      AUD      74.24
QUEENSLAND TREASURY      2.00     08/22/33      AUD      74.96
RIO TINTO FINANCE U      2.75     11/02/51      USD      58.44
SGSP AUSTRALIA ASSE      2.68     02/27/35      AUD      68.47
SOUTH AUSTRALIAN GO      2.25     05/24/40      AUD      60.88
SOUTH AUSTRALIAN GO      2.00     05/23/36      AUD      66.75
SOUTH AUSTRALIAN GO      1.75     05/24/34      AUD      70.10
STOCKLAND TRUST          2.62     03/19/36      HKD      71.73
TASMANIAN PUBLIC FI      2.35     08/23/41      AUD      59.61
TASMANIAN PUBLIC FI      1.75     01/22/36      AUD      65.71
TREASURY CORP OF VI      0.60     02/24/50      EUR      47.99
TREASURY CORP OF VI      2.40     08/18/50      AUD      52.54
TREASURY CORP OF VI      2.25     11/20/42      AUD      57.71
TREASURY CORP OF VI      2.25     11/20/41      AUD      58.91
TREASURY CORP OF VI      2.25     11/20/40      AUD      60.51
TREASURY CORP OF VI      2.00     11/20/37      AUD      63.39
TREASURY CORP OF VI      2.00     09/17/35      AUD      68.58
TREASURY CORP OF VI      2.25     11/20/34      AUD      72.65
TREASURY CORP OF VI      0.50     11/12/30      AUD      73.28
TREASURY CORP OF VI      4.00     11/06/47      AUD      74.76
VICTORIA POWER NETW      2.07     11/18/30      AUD      72.98
VICTORIA POWER NETW      2.20     08/18/31      AUD      74.35
VIRGIN AUSTRALIA HO      8.13     11/15/24      USD       0.38
VIRGIN AUSTRALIA HO      8.13     11/15/24      USD       0.38
VIRGIN AUSTRALIA HO      8.00     11/26/24      AUD       0.45
VIRGIN AUSTRALIA HO      8.25     05/30/23      AUD       0.45
VIRGIN AUSTRALIA HO      8.08     03/05/24      AUD       0.45
VIRGIN AUSTRALIA HO      7.88     10/15/21      USD       0.50
VIRGIN AUSTRALIA HO      7.88     10/15/21      USD       0.50
WESFARMERS LTD           0.95     10/21/33      EUR      74.44
WESTERN AUSTRALIAN       2.25     07/23/41      AUD      60.39
WESTERN AUSTRALIAN       2.00     10/24/34      AUD      72.63
WESTPAC BANKING COR      2.35     02/27/40      AUD      58.35
WESTPAC BANKING COR      2.96     11/16/40      USD      60.39
WESTPAC BANKING COR      3.13     11/18/41      USD      60.67
WESTPAC BANKING COR      5.00     03/02/48      AUD      64.77
WESTPAC BANKING COR      0.38     09/22/36      EUR      64.78
WESTPAC BANKING COR      5.00     01/24/48      AUD      67.36
WESTPAC BANKING COR      1.25     04/05/39      EUR      67.58
WESTPAC BANKING COR      1.47     11/30/37      EUR      70.08
WESTPAC BANKING COR      3.15     02/16/37      AUD      71.18
WESTPAC BANKING COR      3.02     11/18/36      USD      73.51
WESTPAC BANKING COR      1.59     03/12/38      EUR      73.98
WESTPAC BANKING COR      2.67     11/15/35      USD      74.19
WESTPAC BANKING COR      1.52     12/04/37      EUR      74.48
ZIP CO LTD               5.00     04/23/28      AUD      35.63
ZURICH FINANCE AUST      4.50     07/26/38      AUD      74.72


   CHINA
   -----

AKESU TEXTILE CITY       7.50     06/21/24      CNY      20.34
AKESU TEXTILE CITY       7.50     06/21/24      CNY      20.43
ALETAI CITY JUJIN U      7.73     10/26/24      CNY      25.96
ALTAY PREFECTURE ST      6.98     04/24/29      CNY      50.00
ANAR PROPERTY GROUP      8.50     03/08/24      CNY      12.66
ANHUI DANGTU ECO DE      6.00     09/11/24      CNY      20.39
ANHUI DANGTU ECO DE      6.00     09/11/24      CNY      20.48
ANHUI HUAAN FOREIGN      7.30     07/13/21      CNY      70.01
ANHUI HUAINING URBA      5.80     08/28/24      CNY      20.25
ANHUI HUAINING URBA      5.80     08/28/24      CNY      20.46
ANHUI LANGCHUAN HOL      6.13     12/11/24      CNY      40.56
ANHUI LEXING CITY C      6.05     11/01/24      CNY      20.33
ANHUI LEXING CITY C      6.05     11/01/24      CNY      20.38
ANHUI PINGTIANHU IN      7.50     08/13/26      CNY      63.78
ANHUI PINGTIANHU IN      7.50     08/13/26      CNY      63.78
ANJI COUNTY INDUSTR      6.80     04/26/26      CNY      60.00
ANJI COUNTY INDUSTR      7.00     11/19/25      CNY      61.78
ANJI COUNTY INDUSTR      7.00     11/19/25      CNY      62.02
ANJI COUNTY INDUSTR      6.80     04/26/26      CNY      62.71
ANJI COUNTY URBAN D      7.20     05/02/25      CNY      41.16
ANJI COUNTY URBAN D      7.20     05/02/25      CNY      41.28
ANJI COUNTY URBAN D      7.49     09/25/25      CNY      41.75
ANJI COUNTY URBAN D      7.49     09/25/25      CNY      41.89
ANNING DEVELOPMENT       8.80     09/11/25      CNY      42.60
ANNING DEVELOPMENT       8.80     09/11/25      CNY      42.60
ANNING DEVELOPMENT       8.00     12/04/25      CNY      60.00
ANNING DEVELOPMENT       8.00     12/04/25      CNY      62.60
ANQING WANJIANG HIG      6.50     08/02/24      CNY      20.41
ANQING WANJIANG HIG      6.50     08/02/24      CNY      20.42
ANQIU HUAAN STATE O      7.00     09/14/24      CNY      20.35
ANQIU HUAAN STATE O      7.00     09/14/24      CNY      20.52
ANSHANG WANGTONG CO      7.50     05/06/26      CNY      60.20
ANSHANG WANGTONG CO      7.50     05/06/26      CNY      63.13
ANSHUN CITY CONSTRU      7.30     09/15/24      CNY      19.74
ANSHUN CITY CONSTRU      7.30     09/15/24      CNY      20.60
ANSHUN CITY XIXIU I      7.90     11/15/25      CNY      59.30
ANSHUN CITY XIXIU I      8.00     01/29/26      CNY      59.50
ANSHUN CITY XIXIU I      7.90     11/15/25      CNY      62.48
ANSHUN CITY XIXIU I      8.00     01/29/26      CNY      63.04
ANSHUN TRANSPORTATI      7.50     10/31/24      CNY      19.71
ANSHUN TRANSPORTATI      7.50     10/31/24      CNY      20.73
ANSHUN XIXIU CITY I      4.70     11/22/23      CNY      19.99
ANSHUN XIXIU CITY I      4.70     11/22/23      CNY      19.99
ANYUE XINGAN CITY D      7.50     01/30/25      CNY      41.02
ANYUE XINGAN CITY D      7.50     01/30/25      CNY      41.02
ANYUE XINGAN CITY D      7.50     05/06/26      CNY      60.50
ANYUE XINGAN CITY D      7.50     05/06/26      CNY      63.16
AOYUAN CORP GROUP L      5.50     03/03/25      CNY      25.50
AOYUAN CORP GROUP L      5.65     08/06/25      CNY      59.71
BAOJI INVESTMENT GR      5.05     04/18/24      CNY      20.08
BAOTOU AFFORDABLE H      5.25     07/27/24      CNY      20.23
BAOTOU AFFORDABLE H      5.31     08/10/24      CNY      20.25
BAOTOU AFFORDABLE H      5.31     08/10/24      CNY      20.32
BAOTOU QINSHAN HOUS      7.90     12/26/23      CNY      10.06
BAOYING DEVELOPMENT      5.45     08/21/24      CNY      20.26
BAOYING DEVELOPMENT      5.49     10/17/24      CNY      20.31
BAOYING DEVELOPMENT      5.49     10/17/24      CNY      20.33
BAOYING DEVELOPMENT      5.45     08/21/24      CNY      20.33
BAZHOU GUOHUI CONST      6.08     06/19/24      CNY      20.24
BAZHOU GUOHUI CONST      6.08     06/19/24      CNY      20.38
BENGBU ECONOMIC DEV      6.45     07/13/24      CNY      20.00
BENGBU ECONOMIC DEV      6.45     07/13/24      CNY      20.40
BENGBU URBAN INVEST      5.80     04/13/24      CNY      20.14
BENGBU URBAN INVEST      5.80     04/13/24      CNY      20.16
BIJIE CITY ANFANG C      7.80     01/18/26      CNY      59.60
BIJIE CITY ANFANG C      7.80     01/18/26      CNY      61.96
BIJIE CONSTRUCTION       5.55     08/03/24      CNY      20.18
BIJIE CONSTRUCTION       5.55     08/03/24      CNY      20.18
BIJIE CONSTRUCTION       5.78     07/06/24      CNY      20.19
BIJIE DEXI CONSTRUC      4.60     11/17/23      CNY      20.00
BIJIE DEXI CONSTRUC      4.60     11/17/23      CNY      20.00
BIJIE DEXI CONSTRUC      5.10     12/05/23      CNY      20.01
BIJIE DEXI CONSTRUC      5.10     12/05/23      CNY      20.01
BIJIE QIXINGGUAN DI      7.60     09/08/24      CNY      20.37
BIJIE QIXINGGUAN DI      7.60     09/08/24      CNY      20.62
BIJIE QIXINGGUAN DI      8.05     08/16/25      CNY      37.90
BIJIE QIXINGGUAN DI      8.05     08/16/25      CNY      42.08
BIJIE TIANHE URBAN       8.05     12/03/25      CNY      62.61
BIJIE XINTAI INVEST      7.80     11/01/24      CNY      19.98
BIJIE XINTAI INVEST      7.80     11/01/24      CNY      20.78
BINHAI CONSTRUCTION      4.73     08/26/26      CNY      61.08
BINHAI CONSTRUCTION      4.73     08/26/26      CNY      61.35
BINZHOU ZHANHUA DIS      4.93     11/29/23      CNY      20.01
BINZHOU ZHANHUA DIS      4.93     11/29/23      CNY      20.02
BOZHOU URBAN CONSTR      6.30     07/29/26      CNY      62.10
BOZHOU URBAN CONSTR      6.30     07/29/26      CNY      62.34
BRILLIANCE AUTO GRO      5.80     03/20/24      CNY      54.80
BRILLIANCE AUTO GRO      5.40     09/14/23      CNY      55.80
BRILLIANCE AUTO GRO      6.30     09/14/23      CNY      56.93
BRILLIANCE AUTO GRO      5.80     11/05/23      CNY      59.80
BRILLIANCE AUTO GRO      5.80     06/17/24      CNY      60.78
CAOXIAN SHANG DU IN      7.80     10/28/26      CNY      64.70
CAOXIAN SHANG DU IN      7.80     10/28/26      CNY      64.70
CHANG DE DING LI IN      6.10     07/20/24      CNY      20.23
CHANG DE DING LI IN      6.10     07/20/24      CNY      20.34
CHANGDE DEYUAN INVE      7.70     06/11/25      CNY      41.74
CHANGDE DEYUAN INVE      7.70     06/11/25      CNY      41.74
CHANGDE DINGCHENG J      7.58     10/19/25      CNY      41.85
CHANGDE DINGCHENG J      7.58     10/19/25      CNY      42.06
CHANGDE DINGCHENG J      6.98     01/22/26      CNY      60.50
CHANGDE DINGCHENG J      6.98     01/22/26      CNY      62.08
CHANGGE JINCAI PUBL      7.10     04/19/24      CNY      20.20
CHANGGE JINCAI PUBL      7.10     04/19/24      CNY      20.30
CHANGJI URBAN CONST      4.24     11/18/23      CNY      20.00
CHANGJI URBAN CONST      4.24     11/18/23      CNY      20.00
CHANGSHA CHENGBEI I      6.95     06/06/25      CNY      41.00
CHANGSHA CHENGBEI I      6.95     06/06/25      CNY      41.36
CHANGSHA CHENGBEI I      7.00     10/26/25      CNY      41.56
CHANGSHA CHENGBEI I      7.00     10/26/25      CNY      42.04
CHANGSHA ECONOMIC &      4.78     03/03/24      CNY      20.08
CHANGSHA ECONOMIC &      4.78     03/03/24      CNY      21.26
CHANGSHA JINXIA NEW      7.00     02/14/26      CNY      61.02
CHANGSHA JINXIA NEW      7.00     02/14/26      CNY      62.45
CHANGSHA JINZHOU NE      6.60     08/24/24      CNY      20.32
CHANGSHA JINZHOU NE      6.60     08/24/24      CNY      20.37
CHANGSHA METRO GROU      5.40     07/14/25      CNY      30.00
CHANGSHA METRO GROU      5.40     07/14/25      CNY      30.57
CHANGSHA METRO GROU      5.97     04/03/25      CNY      30.58
CHANGSHA METRO GROU      4.10     12/21/25      CNY      45.16
CHANGSHA METRO GROU      4.10     12/21/25      CNY      46.47
CHANGSHA WANGYUAN D      5.73     07/12/27      CNY      62.44
CHANGSHA WANGYUAN D      5.73     07/12/27      CNY      63.11
CHANGXING COMMUNICA      6.00     08/27/26      CNY      61.82
CHANGXING COMMUNICA      6.00     08/27/26      CNY      62.32
CHANGXING SOUTHERN       6.50     11/30/25      CNY      60.00
CHANGXING SOUTHERN       6.50     11/30/25      CNY      61.30
CHANGXING URBAN CON      5.98     09/25/26      CNY      62.52
CHANGXING URBAN CON      5.98     09/25/26      CNY      62.69
CHANGZHOU JINTAN CO      7.10     12/21/24      CNY      40.00
CHANGZHOU JINTAN CO      6.50     11/07/24      CNY      40.00
CHANGZHOU JINTAN CO      6.50     11/07/24      CNY      40.71
CHANGZHOU JINTAN CO      7.10     12/21/24      CNY      40.98
CHAOHU URBAN TOWN C      5.67     05/03/25      CNY      40.50
CHAOHU URBAN TOWN C      5.67     05/03/25      CNY      40.76
CHENGDE STATE-OWNED      6.50     09/02/26      CNY      62.26
CHENGDE STATE-OWNED      6.50     09/02/26      CNY      62.81
CHENGDU ECONOMIC&TE      7.49     01/15/25      CNY      51.36
CHENGDU GARDEN WATE      7.50     09/11/24      CNY      19.85
CHENGDU GARDEN WATE      7.50     09/11/24      CNY      20.52
CHENGDU GARDEN WATE      8.00     06/13/25      CNY      40.00
CHENGDU GARDEN WATE      8.00     06/13/25      CNY      41.52
CHENGDU JIAOZI PARK      5.99     10/23/25      CNY      40.00
CHENGDU JIAOZI PARK      5.99     10/23/25      CNY      41.41
CHENGDU JINGKAI GUO      6.00     05/06/26      CNY      60.00
CHENGDU JINGKAI GUO      6.00     05/06/26      CNY      61.43
CHENGDU LIN JIANG G      6.75     08/02/24      CNY      20.41
CHENGDU LIN JIANG G      7.00     08/27/25      CNY      41.61
CHENGDU XINGCHENGJI      5.15     12/18/24      CNY      60.40
CHENGDU XINGSHU INV      6.78     08/21/24      CNY      20.38
CHENGDU XINGSHU INV      6.78     08/21/24      CNY      20.51
CHENGDU XINGSHU INV      6.13     07/29/26      CNY      61.78
CHENGDU XINGSHU INV      6.13     07/29/26      CNY      61.81
CHENGDU XINJIN COUN      7.30     10/23/24      CNY      20.38
CHENGDU XINJIN COUN      7.30     10/23/24      CNY      20.57
CHENGDU XINJIN COUN      6.28     08/03/24      CNY      20.15
CHENGDU XINJIN COUN      6.28     08/03/24      CNY      20.15
CHENGDU XINJIN COUN      6.40     07/05/24      CNY      20.16
CHENGDU XINJIN COUN      6.40     07/05/24      CNY      20.19
CHENZHOU BAIFU INVE      4.96     03/22/26      CNY      44.04
CHENZHOU BAIFU INVE      4.96     03/22/26      CNY      45.37
CHENZHOU WENLV INDU      5.34     11/28/23      CNY      20.02
CHENZHOU XINTIAN IN      6.00     07/26/24      CNY      20.00
CHENZHOU XINTIAN IN      6.00     07/26/24      CNY      20.06
CHENZHOU XINTIAN IN      5.38     03/08/26      CNY      42.66
CHENZHOU XINTIAN IN      5.38     03/08/26      CNY      43.84
CHIBI LANTIAN URBAN      6.95     11/22/25      CNY      60.00
CHIBI LANTIAN URBAN      6.95     11/22/25      CNY      61.93
CHINA COMMUNICATION      7.00     07/19/20      CNY       5.00
CHINA FORTUNE LAND       5.80     05/23/22      CNY      25.13
CHINA FORTUNE LAND       5.60     09/10/21      CNY      25.13
CHINA FORTUNE LAND       7.20     04/18/21      CNY      25.13
CHINA FORTUNE LAND       7.40     03/24/21      CNY      25.13
CHINA FORTUNE LAND       5.00     05/30/22      CNY      68.15
CHINA GOVERNMENT IN      2.25     10/21/50      USD      56.52
CHINA GOVERNMENT IN      2.25     10/21/50      USD      56.55
CHINA GOVERNMENT IN      2.50     10/26/51      USD      59.16
CHINA GOVERNMENT IN      2.50     10/26/51      USD      59.31
CHINA GOVERNMENT IN      1.00     11/12/39      EUR      65.25
CHINA GOVERNMENT IN      0.63     11/25/35      EUR      68.81
CHINA GOVERNMENT IN      2.75     12/03/39      USD      72.60
CHINA GOVERNMENT IN      0.63     11/17/33      EUR      74.07
CHINA VANKE CO LTD       3.49     07/26/28      CNY      62.00
CHINA VANKE CO LTD       3.98     01/22/28      CNY      72.00
CHINA VANKE CO LTD       3.45     05/19/27      CNY      75.00
CHISHUI CITY CONSTR      8.50     01/18/26      CNY      62.84
CHONGQING DAZU YONG      6.48     07/24/24      CNY      20.22
CHONGQING DAZU YONG      6.48     07/24/24      CNY      20.39
CHONGQING FULING DI      5.87     11/04/26      CNY      82.62
CHONGQING HONGYE IN      6.30     08/02/24      CNY      20.28
CHONGQING HONGYE IN      6.30     08/02/24      CNY      20.35
CHONGQING HONGYE IN      6.45     11/27/24      CNY      40.43
CHONGQING JIANGJIN       6.40     09/13/24      CNY      20.45
CHONGQING JIANGJIN       6.40     09/13/24      CNY      20.52
CHONGQING JIANGLAI       7.50     10/26/25      CNY      42.18
CHONGQING JIANGLAI       7.50     10/26/25      CNY      42.19
CHONGQING JIN TONG       4.44     11/16/23      CNY      19.98
CHONGQING JIN TONG       4.44     11/16/23      CNY      20.00
CHONGQING JIN TONG       6.50     08/01/24      CNY      20.33
CHONGQING JIN TONG       6.50     08/01/24      CNY      20.33
CHONGQING LIANGJIAN      4.28     02/28/24      CNY      40.13
CHONGQING LIANGJIAN      4.28     02/28/24      CNY      40.37
CHONGQING LIANGJIAN      3.93     12/13/24      CNY      70.42
CHONGQING LIANGJIAN      3.93     12/13/24      CNY      70.65
CHONGQING LIANGPING      7.20     10/31/26      CNY      63.30
CHONGQING LIANGPING      7.20     10/31/26      CNY      63.30
CHONGQING LIANGSHAN      6.30     10/16/24      CNY      20.39
CHONGQING LIANGSHAN      6.30     10/16/24      CNY      20.41
CHONGQING LONGHU DE      3.95     01/14/30      CNY      42.10
CHONGQING LONGHU DE      3.93     05/21/28      CNY      43.00
CHONGQING LONGHU DE      3.70     08/11/28      CNY      45.00
CHONGQING LONGHU DE      4.30     08/07/27      CNY      46.10
CHONGQING LONGHU DE      4.40     03/04/26      CNY      47.00
CHONGQING LONGHU DE      4.40     01/07/28      CNY      47.00
CHONGQING LONGHU DE      4.00     05/19/28      CNY      51.66
CHONGQING LONGHU DE      3.70     12/09/36      CNY      53.60
CHONGQING LONGHU DE      4.10     07/05/28      CNY      56.10
CHONGQING LONGHU DE      3.49     01/14/28      CNY      58.00
CHONGQING LONGHU DE      3.80     03/04/27      CNY      58.00
CHONGQING LONGHU DE      4.20     01/17/27      CNY      60.00
CHONGQING LONGHU DE      4.67     07/19/26      CNY      64.74
CHONGQING LONGHU DE      3.35     08/11/26      CNY      68.12
CHONGQING LONGHU DE      3.50     05/21/26      CNY      75.00
CHONGQING NANCHUAN       7.80     08/06/26      CNY      64.03
CHONGQING SHUANGFU       6.37     10/13/24      CNY      20.43
CHONGQING SHUANGFU       6.37     10/13/24      CNY      20.45
CHONGQING SHUANGFU       7.50     09/09/26      CNY      62.64
CHONGQING THREE GOR      7.80     03/01/26      CNY      60.00
CHONGQING THREE GOR      7.80     03/01/26      CNY      63.16
CHONGQING TONGLIANG      6.80     02/11/25      CNY      40.00
CHONGQING TONGLIANG      6.80     02/11/25      CNY      40.70
CHONGQING TONGRUI A      7.50     09/18/26      CNY      63.36
CHONGQING TONGRUI A      7.50     09/18/26      CNY      63.36
CHONGQING WANSHENG       7.09     05/03/25      CNY      40.15
CHONGQING WANSHENG       7.50     03/27/25      CNY      40.53
CHONGQING WANSHENG       7.50     03/27/25      CNY      40.73
CHONGQING WANSHENG       7.09     05/03/25      CNY      41.03
CHONGQING WANSHENG       6.60     02/17/27      CNY      62.54
CHONGQING WANSHENG       8.50     11/25/25      CNY      43.00
CHONGQING WULONG DI      6.80     09/21/24      CNY      20.49
CHONGQING WULONG DI      6.80     09/21/24      CNY      20.56
CHONGQING WULONG DI      6.80     12/28/24      CNY      40.00
CHONGQING WULONG DI      6.80     12/28/24      CNY      40.75
CHONGQING YINGDI IN      7.00     11/07/24      CNY      40.00
CHONGQING YINGDI IN      7.00     11/07/24      CNY      40.61
CHONGQING YUDIAN ST      8.00     11/30/25      CNY      62.61
CHONGQING YUZHONG S      6.90     02/08/25      CNY      41.13
CHONGQING YUZHONG S      5.43     04/17/26      CNY      60.00
CHONGQING YUZHONG S      5.43     04/17/26      CNY      61.49
CHONGREN URBAN CONS      7.00     03/08/25      CNY      40.84
CHUCHANG INVESTMENT      5.60     05/06/25      CNY      75.00
CHUYING AGRO-PASTOR      8.80     06/26/19      CNY       5.00
CHUZHOU CITY NANQIA      5.95     10/23/24      CNY      20.00
CHUZHOU CITY NANQIA      5.95     10/23/24      CNY      20.49
CIFI GROUP CO LTD        4.50     05/29/25      CNY      18.60
CIFI GROUP CO LTD        4.20     07/22/26      CNY      19.00
CIFI GROUP CO LTD        5.50     06/27/26      CNY      19.82
CIFI GROUP CO LTD        4.40     03/12/26      CNY      20.11
CIFI GROUP CO LTD        4.23     10/26/25      CNY      24.00
CIFI GROUP CO LTD        3.90     09/14/25      CNY      25.26
CIFI GROUP CO LTD        4.00     05/29/25      CNY      33.00
CITIC GUOAN GROUP C      4.49     03/08/21      CNY      18.25
CITIC GUOAN GROUP C      4.23     12/15/20      CNY      18.25
CITIC GUOAN GROUP C      5.80     12/15/19      CNY      18.25
CITIC GUOAN GROUP C      4.90     11/06/19      CNY      18.25
CIXI STATE OWNED AS      4.90     04/07/24      CNY      20.11
CIXI STATE OWNED AS      4.90     04/07/24      CNY      20.11
COUNTRY GARDEN REAL      4.80     06/15/26      CNY      21.18
COUNTRY GARDEN REAL      4.80     03/12/26      CNY      23.05
COUNTRY GARDEN REAL      4.38     09/24/25      CNY      24.07
COUNTRY GARDEN REAL      6.30     12/17/25      CNY      25.01
COUNTRY GARDEN REAL      4.33     09/14/25      CNY      25.29
COUNTRY GARDEN REAL      4.15     11/03/25      CNY      25.90
COUNTRY GARDEN REAL      4.98     11/20/23      CNY      26.71
DALI URBAN DEVELOPM      8.00     12/25/25      CNY      61.60
DALI URBAN DEVELOPM      8.00     12/25/25      CNY      62.38
DALIAN LVTAI INVEST      7.00     08/14/26      CNY      62.76
DANGTU COUNTY CONST      7.47     09/06/25      CNY      41.65
DANGTU COUNTY CONST      7.47     09/06/25      CNY      41.65
DANYANG INVESTMENT       5.49     07/18/24      CNY      20.32
DASHIQIAO URBAN CON      7.59     08/14/24      CNY      20.58
DASHIQIAO URBAN CON      7.59     08/14/24      CNY      20.58
DATONG ECONOMIC CON      5.00     08/19/26      CNY      61.16
DATONG ECONOMIC CON      5.00     08/19/26      CNY      61.43
DAWA COUNTY CITY CO      7.80     01/30/26      CNY      58.80
DAWA COUNTY CITY CO      7.80     01/30/26      CNY      62.84
DAWA COUNTY LINGANG      5.99     10/19/24      CNY      20.42
DAWA COUNTY LINGANG      5.99     10/19/24      CNY      20.42
DAWU COUNTY URBAN C      7.50     09/20/26      CNY      63.74
DAWU COUNTY URBAN C      7.50     09/20/26      CNY      63.98
DAYE ZHENHENG CITY       7.20     12/03/25      CNY      61.12
DAYE ZHENHENG CITY       7.20     12/03/25      CNY      61.41
DAZHOU HI-TECH INNO      5.95     10/21/26      CNY      62.33
DAZHOU HI-TECH INNO      5.95     10/21/26      CNY      62.39
DAZHOU INVESTMENT C      3.99     11/04/26      CNY      45.15
DAZHOU INVESTMENT C      3.99     11/04/26      CNY      60.20
DAZHOU INVESTMENT C      6.50     04/07/27      CNY      62.90
DAZHOU INVESTMENT C      6.50     04/07/27      CNY      63.00
DEQING CONSTRUCTION      3.60     11/11/23      CNY      20.00
DEQING CONSTRUCTION      3.60     11/11/23      CNY      20.00
DEQING HENGDA CONST      5.99     10/28/26      CNY      62.46
DEQING HENGDA CONST      5.99     10/28/26      CNY      62.60
DING NAN CITY CONST      7.80     04/08/26      CNY      60.00
DING NAN CITY CONST      7.80     04/08/26      CNY      62.12
DINGYUAN URBAN RURA      7.00     06/27/25      CNY      40.00
DINGYUAN URBAN RURA      5.80     12/06/24      CNY      40.00
DINGYUAN URBAN RURA      5.80     12/06/24      CNY      40.48
DINGYUAN URBAN RURA      7.00     06/27/25      CNY      41.47
DONGTAI HUIMIN URBA      5.37     03/08/26      CNY      61.62
DONGTAI HUIMIN URBA      5.37     03/08/26      CNY      61.92
DONGTAI STATE-OWNED      3.04     11/16/23      CNY      20.00
DONGYING CAIJIN INV      7.00     05/05/26      CNY      60.00
DONGYING CAIJIN INV      7.30     05/05/26      CNY      60.00
DUJIANGYAN NEW CITY      6.90     10/19/24      CNY      20.00
DUJIANGYAN NEW CITY      6.90     10/19/24      CNY      20.40
DUJIANGYAN NEW CITY      7.80     05/02/25      CNY      40.00
DUJIANGYAN NEW CITY      7.80     05/02/25      CNY      41.50
DUJIANGYAN NEW CITY      7.80     10/11/25      CNY      42.20
DUJIANGYAN NEW CITY      7.80     10/11/25      CNY      42.20
DUJIANGYAN XINGYAN       7.50     11/01/26      CNY      64.37
DUJIANGYAN XINGYAN       7.50     11/01/26      CNY      64.38
EMEISHAN HUIYUAN PA      6.50     03/28/27      CNY      70.71
EVERGRANDE REAL EST      6.98     07/08/24      CNY      27.00
EVERGRANDE REAL EST      7.00     04/27/26      CNY      27.68
EVERGRANDE REAL EST      5.90     05/26/24      CNY      35.00
EVERGRANDE REAL EST      6.80     05/06/24      CNY      35.69
EVERGRANDE REAL EST      5.80     10/19/25      CNY      70.00
EZHOU CITY CONSTRUC      6.10     07/27/27      CNY      62.33
FANGCHENG GANGSHI W      7.95     10/11/25      CNY      41.76
FANGCHENG GANGSHI W      7.95     10/11/25      CNY      41.99
FANGCHENG GANGSHI W      7.93     12/25/25      CNY      60.00
FANGCHENG GANGSHI W      7.93     12/25/25      CNY      62.32
FANTASIA GROUP CHIN      7.80     11/29/24      CNY      44.83
FANTASIA GROUP CHIN      7.50     12/17/23      CNY      74.00
FENGDU COUNTY STATE      6.38     09/05/24      CNY      20.43
FENGDU COUNTY STATE      6.38     09/05/24      CNY      20.43
FENGHUANG MINGCHENG      6.50     03/23/24      CNY      20.16
FENGTAI HUAXING CIT      5.60     03/13/24      CNY      20.17
FENGTAI HUAXING CIT      5.60     03/13/24      CNY      20.17
FENGYANG COUNTY ECO      6.00     11/16/24      CNY      40.49
FENGYANG COUNTY ECO      6.00     11/16/24      CNY      40.63
FUJIAN FUSHENG GROU      7.90     11/19/21      CNY      60.00
FUJIAN FUSHENG GROU      7.90     12/17/21      CNY      70.99
FUJIAN JINJIANG IND      4.00     02/19/25      CNY      70.42
FUJIAN JINJIANG IND      4.00     02/19/25      CNY      70.54
FUJIAN ZHANGZHOU CI      5.73     10/31/25      CNY      40.94
FUJIAN ZHANGZHOU CI      5.73     10/31/25      CNY      41.54
FUNING URBAN INVEST      6.00     03/14/24      CNY      20.20
FUNING URBAN INVEST      6.00     03/14/24      CNY      20.41
FUZHOU DONGXIANG IN      6.20     03/20/24      CNY      20.19
FUZHOU DONGXIANG IN      6.20     03/20/24      CNY      20.19
FUZHOU LINCHUAN URB      6.50     12/25/24      CNY      40.56
FUZHOU LINCHUAN URB      8.00     02/26/26      CNY      62.60
FUZHOU MUNICIPAL ST      5.70     10/30/24      CNY      20.39
FUZHOU MUNICIPAL ST      5.70     10/30/24      CNY      20.51
GANZHOU DEVELOPMENT      8.10     12/11/23      CNY      20.12
GANZHOU NANKANG DIS      8.00     09/27/25      CNY      40.92
GANZHOU NANKANG DIS      8.00     09/27/25      CNY      42.26
GANZHOU NANKANG DIS      8.00     10/29/25      CNY      42.39
GANZHOU NANKANG DIS      8.00     10/29/25      CNY      42.40
GANZHOU NANKANG DIS      8.00     01/23/26      CNY      60.00
GANZHOU NANKANG DIS      8.00     01/23/26      CNY      62.93
GANZHOU ZHANGGONG C      7.80     10/16/25      CNY      41.47
GANZHOU ZHANGGONG C      7.80     10/16/25      CNY      42.24
GAOMI CITY CONSTRUC      5.95     09/18/24      CNY      19.40
GAOMI CITY CONSTRUC      5.95     09/18/24      CNY      20.40
GAOQING LU QING ASS      7.50     09/27/24      CNY      20.61
GAOQING LU QING ASS      7.50     09/27/24      CNY      20.69
GAOYOU CITY ECONOMY      5.26     07/13/24      CNY      20.18
GAOYOU CITY ECONOMY      5.26     07/13/24      CNY      20.25
GEMDALE CORP             3.58     02/23/25      CNY      18.40
GEMDALE CORP             3.79     06/15/24      CNY      19.00
GEMDALE CORP             4.17     11/10/24      CNY      19.05
GEMDALE CORP             3.72     05/27/24      CNY      19.20
GEMDALE CORP             4.04     12/15/24      CNY      19.34
GEMDALE CORP             3.55     04/03/25      CNY      21.00
GEMDALE CORP             3.96     03/10/24      CNY      24.93
GEMDALE CORP             3.98     03/24/24      CNY      25.10
GEMDALE CORP             4.30     04/07/26      CNY      26.00
GEMDALE CORP             3.95     10/12/25      CNY      28.11
GEMDALE CORP             3.91     04/07/26      CNY      31.70
GEMDALE CORP             3.93     03/01/26      CNY      35.60
GEMDALE CORP             3.50     03/22/24      CNY      36.30
GEMDALE CORP             3.88     01/13/24      CNY      51.86
GOME APPLIANCE CO L      7.80     12/21/24      CNY      37.00
GUANGAN TRANSPORTAT      5.39     12/01/23      CNY      20.02
GUANGAN XINHONG INV      7.18     08/28/24      CNY      20.47
GUANGAN XINHONG INV      7.18     08/28/24      CNY      20.47
GUANGAN XINHONG INV      7.50     06/03/26      CNY      62.92
GUANGDE CITY STATE-      5.37     07/18/24      CNY      20.18
GUANGDE CITY STATE-      5.37     07/18/24      CNY      20.40
GUANGDONG HUIZHOU C      4.95     12/27/23      CNY      20.02
GUANGDONG HUIZHOU C      4.95     12/27/23      CNY      20.07
GUANGSHUI CITY DEVE      6.19     03/01/24      CNY      20.11
GUANGSHUI CITY DEVE      6.19     03/01/24      CNY      20.16
GUANGXI BAISE EXPER      7.90     06/29/25      CNY      41.77
GUANGXI BAISE EXPER      7.90     06/29/25      CNY      41.78
GUANGXI BAISE EXPER      7.60     12/24/25      CNY      62.43
GUANGXI BAISE EXPER      7.60     12/24/25      CNY      62.44
GUANGXI BAISE EXPER      7.59     01/08/26      CNY      62.56
GUANGXI BAISE EXPER      7.59     01/08/26      CNY      62.56
GUANGXI CHONGZUO UR      8.50     09/26/25      CNY      41.58
GUANGXI CHONGZUO UR      8.50     09/26/25      CNY      42.52
GUANGXI LIUZHOU DON      6.50     07/24/24      CNY      24.90
GUANGXI LIUZHOU DON      6.50     07/24/24      CNY      25.06
GUANGXI NINGMING HU      8.50     12/07/25      CNY      62.90
GUANGXI NINGMING HU      8.50     11/05/26      CNY      65.44
GUANGXI TIANDONG CO      7.50     06/04/27      CNY      45.00
GUANGYUAN CITY DEVE      7.50     10/25/27      CNY      36.63
GUANGYUAN YUANQU CO      7.50     10/30/26      CNY      62.55
GUANGYUAN YUANQU CO      7.50     10/30/26      CNY      64.20
GUANGZHOU FINELAND      13.60     07/27/23      USD      15.63
GUANGZHOU HEJING HO      6.20     08/02/24      CNY      45.00
GUANGZHOU HEJING HO      6.00     10/12/25      CNY      58.00
GUANGZHOU HEJING HO      6.19     11/12/25      CNY      75.00
GUANGZHOU HUANTOU N      6.38     11/18/24      CNY      30.39
GUANGZHOU HUANTOU N      6.38     11/18/24      CNY      30.47
GUANGZHOU METRO GRO      6.45     04/02/24      CNY      15.00
GUANGZHOU METRO GRO      6.45     04/02/24      CNY      15.19
GUANGZHOU METRO GRO      6.05     06/03/24      CNY      15.21
GUANGZHOU METRO GRO      6.05     06/03/24      CNY      15.30
GUANGZHOU PANYU INF      4.50     09/08/26      CNY      45.50
GUANGZHOU PANYU INF      4.50     09/08/26      CNY      45.84
GUANGZHOU R&F PROPE      7.00     09/16/26      CNY      28.00
GUANGZHOU R&F PROPE      7.00     09/16/26      CNY      30.80
GUANGZHOU R&F PROPE      6.70     09/16/25      CNY      40.00
GUANGZHOU R&F PROPE      6.70     09/16/25      CNY      59.06
GUANGZHOU TIANJIAN       6.60     03/28/26      CNY      61.00
GUANGZHOU TIMES HOL      5.94     07/17/25      CNY      34.64
GUANGZHOU TIMES HOL      5.10     03/30/25      CNY      34.78
GUANGZHOU TIMES HOL      5.24     05/27/25      CNY      34.86
GUANGZHOU TIMES HOL      5.00     02/24/25      CNY      35.55
GUCHENG CONSTRUCTIO      7.88     04/27/25      CNY      40.00
GUCHENG CONSTRUCTIO      7.88     04/27/25      CNY      41.33
GUCHENG CONSTRUCTIO      7.00     04/26/26      CNY      60.00
GUCHENG CONSTRUCTIO      7.00     04/26/26      CNY      62.31
GUIXI STATE OWNED H      7.50     09/17/26      CNY      62.24
GUIXI STATE OWNED H      7.50     09/17/26      CNY      63.99
GUIYANG BAIYUN INDU      8.30     03/21/25      CNY      40.00
GUIYANG BAIYUN INDU      8.30     03/21/25      CNY      41.00
GUIYANG BAIYUN INDU      7.50     03/06/26      CNY      60.00
GUIYANG BAIYUN INDU      7.50     03/06/26      CNY      62.39
GUIYANG BAIYUN URBA      6.48     07/17/24      CNY      20.00
GUIYANG BAIYUN URBA      6.48     07/17/24      CNY      20.36
GUIYANG BAIYUN URBA      7.28     09/25/24      CNY      20.60
GUIYANG BAIYUN URBA      7.28     09/25/24      CNY      20.60
GUIYANG BAIYUN URBA      4.75     09/13/26      CNY      45.67
GUIYANG BAIYUN URBA      4.75     09/13/26      CNY      45.67
GUIYANG CITY CONSTR      4.37     03/25/26      CNY      43.93
GUIYANG CITY CONSTR      4.37     03/25/26      CNY      43.96
GUIYANG CITY CONSTR      4.00     11/14/26      CNY      58.00
GUIYANG CITY CONSTR      4.00     11/14/26      CNY      58.17
GUIYANG ECONOMIC DE      6.35     09/21/24      CNY      19.91
GUIYANG ECONOMIC DE      7.90     10/29/25      CNY      37.59
GUIYANG ECONOMIC DE      7.50     04/30/26      CNY      54.47
GUIYANG ECONOMIC TE      7.80     04/30/26      CNY      63.00
GUIYANG ECONOMIC TE      7.80     04/30/26      CNY      63.42
GUIYANG GUANSHANHU       6.49     06/22/24      CNY      19.94
GUIYANG GUANSHANHU       6.49     06/22/24      CNY      20.09
GUIYANG GUANSHANHU       8.20     04/30/24      CNY      40.02
GUIYANG INVESTMENT       4.46     11/17/26      CNY      57.69
GUIYANG INVESTMENT       4.46     11/17/26      CNY      59.62
GUIYANG URBAN CONST      5.98     07/21/24      CNY      20.00
GUIYANG URBAN CONST      5.98     07/21/24      CNY      20.25
GUIYANG YUNYAN GUIZ      6.80     11/17/24      CNY      40.00
GUIYANG YUNYAN GUIZ      6.80     11/17/24      CNY      40.57
GUIZHOU CHANGSHUN C      8.50     03/19/26      CNY      60.00
GUIZHOU CHANGSHUN C      8.50     03/19/26      CNY      63.28
GUIZHOU EAST LAKE C      8.00     12/07/25      CNY      59.02
GUIZHOU EAST LAKE C      8.00     12/07/25      CNY      62.62
GUIZHOU HONGCAI INV      7.30     06/03/26      CNY      59.00
GUIZHOU HONGCAI INV      7.30     06/03/26      CNY      63.30
GUIZHOU HONGGUO ECO      7.80     11/24/24      CNY      30.00
GUIZHOU HONGGUO ECO      7.80     02/08/25      CNY      39.90
GUIZHOU HONGGUO ECO      7.80     11/24/24      CNY      40.81
GUIZHOU HONGGUO ECO      7.80     02/08/25      CNY      40.96
GUIZHOU JINFENGHUAN      7.60     08/19/26      CNY      63.32
GUIZHOU JINFENGHUAN      7.60     08/19/26      CNY      63.32
GUIZHOU KAILI KAIYU      7.30     05/26/24      CNY      19.93
GUIZHOU KAILI KAIYU      7.28     08/29/24      CNY      20.07
GUIZHOU KAILI KAIYU      7.30     05/26/24      CNY      20.36
GUIZHOU KAILI KAIYU      7.28     08/29/24      CNY      20.57
GUIZHOU LIUPANSHUI       7.30     07/24/24      CNY      19.89
GUIZHOU LIUPANSHUI       7.30     07/24/24      CNY      20.51
GUIZHOU RAILWAY INV      7.50     04/23/24      CNY      15.20
GUIZHOU SHUICHENG C      4.98     11/22/23      CNY      20.01
GUIZHOU SHUICHENG C      4.98     11/22/23      CNY      20.01
GUIZHOU SHUICHENG E      7.50     10/26/25      CNY      42.11
GUIZHOU SHUICHENG E      7.50     10/26/25      CNY      42.11
GUIZHOU SHUICHENG W      8.00     11/27/25      CNY      59.31
GUIZHOU SHUICHENG W      8.00     11/27/25      CNY      61.97
GUIZHOU XINDONGGUAN      7.70     09/05/24      CNY      20.64
GUIZHOU XINDONGGUAN      7.70     09/05/24      CNY      20.64
GUIZHOU ZHONGSHAN D      6.46     11/22/27      CNY      70.00
GUIZHOU ZHONGSHAN D      6.46     11/22/27      CNY      72.11
GULIN STATE-OWNED A      5.96     07/24/24      CNY      20.28
GULIN STATE-OWNED A      5.96     07/24/24      CNY      24.51
HAIAN DEVELOPMENT Z      4.47     11/16/23      CNY      20.00
HAIAN DEVELOPMENT Z      4.47     11/16/23      CNY      20.00
HAIAN URBAN DEMOLIT      7.74     05/02/25      CNY      41.42
HAIAN URBAN DEMOLIT      5.37     12/21/25      CNY      61.05
HAIAN URBAN DEMOLIT      8.00     12/21/25      CNY      62.57
HAIKOU MEILAN INTER      5.25     09/06/19      USD       1.00
HAINAN AIRLINES HOL      6.20     05/24/21      CNY      51.00
HAINING CITY DEVELO      5.47     11/13/25      CNY      60.00
HAINING CITY DEVELO      5.47     11/13/25      CNY      61.35
HAINING CITY JIANSH      6.98     09/10/25      CNY      41.73
HAINING CITY JIANSH      6.98     09/10/25      CNY      41.94
HAINING CITY JIANSH      6.15     11/15/25      CNY      60.00
HAINING CITY JIANSH      6.15     11/15/25      CNY      61.55
HAIYAN COUNTY STATE      5.80     06/12/24      CNY      20.29
HAIYAN COUNTY STATE      5.80     06/12/24      CNY      20.54
HANCHENG CITY INVES      4.69     12/05/23      CNY      19.99
HANCHENG CITY INVES      4.69     12/05/23      CNY      20.01
HANDAN CONSTRUCTION      5.43     07/04/26      CNY      61.76
HANDAN CONSTRUCTION      5.43     07/04/26      CNY      62.20
HANGZHOU LIANGZHU C      6.30     08/23/25      CNY      41.39
HANGZHOU LIANGZHU C      6.30     08/23/25      CNY      41.54
HANGZHOU LINPING TO      5.57     10/31/25      CNY      41.09
HANGZHOU LINPING TO      5.57     10/31/25      CNY      41.09
HANGZHOU METRO GROU      5.97     09/17/24      CNY      15.27
HANGZHOU METRO GROU      5.97     09/17/24      CNY      15.36
HANGZHOU MUNICIPAL       5.64     03/19/25      CNY      40.85
HANGZHOU MUNICIPAL       5.64     03/19/25      CNY      40.90
HANJIANG STATE-OWNE      5.40     04/21/24      CNY      20.11
HANJIANG STATE-OWNE      5.40     04/21/24      CNY      20.12
HANJIANG STATE-OWNE      5.38     04/10/26      CNY      61.77
HANSHAN CITY CONSTR      6.20     08/30/24      CNY      20.39
HANSHAN CITY CONSTR      6.20     08/30/24      CNY      20.43
HARBIN CITY CONSTRU      6.04     03/19/25      CNY      40.00
HARBIN CITY CONSTRU      6.04     03/19/25      CNY      40.60
HARBIN HELI INVESTM      5.49     12/10/25      CNY      60.00
HARBIN HELI INVESTM      5.49     12/10/25      CNY      61.31
HEFEI CONSTRUCTION       7.20     04/29/24      CNY      15.32
HEGANG URBAN CONSTR      6.90     12/18/24      CNY      40.61
HEGANG URBAN CONSTR      6.90     12/18/24      CNY      40.61
HENAN AIRPORT INVES      4.27     07/20/26      CNY      30.03
HENAN AIRPORT INVES      4.27     07/20/26      CNY      30.25
HENGDONG URBAN & RU      6.60     12/27/23      CNY      20.06
HENGDONG URBAN & RU      6.60     12/27/23      CNY      20.08
HENGYANG BINJIANG N      5.47     07/27/24      CNY      20.26
HENGYANG BINJIANG N      5.47     07/27/24      CNY      20.30
HENGYANG CITY AND U      7.50     09/22/24      CNY      20.55
HENGYANG CITY AND U      7.50     09/22/24      CNY      20.55
HENGYANG CITY AND U      7.80     12/14/24      CNY      40.80
HENGYANG CITY AND U      7.80     12/14/24      CNY      40.80
HESHAN PUBLIC ASSET      5.08     12/07/23      CNY      20.03
HESHAN PUBLIC ASSET      5.08     12/07/23      CNY      20.06
HEXIAN CITY CONSTRU      7.20     04/26/26      CNY      62.75
HEXIAN CITY CONSTRU      7.20     04/26/26      CNY      62.75
HONGAN URBAN DEVELO      7.50     12/04/24      CNY      40.00
HONGAN URBAN DEVELO      7.50     12/04/24      CNY      41.06
HONGHEZHOU DEVELOPM      5.90     07/12/24      CNY      19.60
HONGHEZHOU DEVELOPM      5.90     07/12/24      CNY      20.31
HONGHU CITY HONGRUI      6.30     10/13/24      CNY      20.48
HONGHU CITY HONGRUI      6.30     10/13/24      CNY      20.48
HUACHEN ENERGY CO L      4.65     12/29/26      USD      37.40
HUAIAN HONGRI TRANS      7.19     05/06/26      CNY      60.00
HUAIAN HONGRI TRANS      7.19     05/06/26      CNY      62.92
HUAI'AN INVESTMENT       5.28     08/11/24      CNY      20.23
HUAI'AN INVESTMENT       5.28     08/11/24      CNY      20.25
HUAIAN JINHU TRAFFI      7.38     08/10/25      CNY      41.40
HUAIAN JINHU TRAFFI      7.38     08/10/25      CNY      41.46
HUAI'AN NEW CITY IN      5.22     09/20/24      CNY      20.37
HUAI'AN NEW CITY IN      5.22     09/20/24      CNY      20.37
HUAIAN NEW URBANIZA      5.98     12/20/24      CNY      71.11
HUAIAN QINGJIANGPU       6.75     09/29/24      CNY      20.48
HUAIAN QINGJIANGPU       6.75     09/29/24      CNY      20.59
HUAIAN XINGHUAI WAT      4.00     10/25/26      CNY      60.20
HUAIHUA CITY INDUST      7.30     08/08/26      CNY      61.70
HUAIHUA CITY INDUST      7.30     08/08/26      CNY      63.54
HUAIHUA ECONOMIC DE      5.77     08/07/24      CNY      20.27
HUAIHUA ECONOMIC DE      5.77     08/07/24      CNY      20.29
HUAINAN INDUSTRY DE      5.69     10/25/24      CNY      20.44
HUAINAN INDUSTRY DE      5.69     10/25/24      CNY      20.49
HUAINAN SHAN NAN DE      6.53     08/24/24      CNY      20.43
HUAINAN SHAN NAN DE      6.53     08/24/24      CNY      20.49
HUAINAN SHAN NAN DE      7.94     04/01/26      CNY      60.00
HUAINAN SHAN NAN DE      7.94     04/01/26      CNY      63.21
HUAINAN URBAN CONST      5.74     09/04/24      CNY      20.34
HUAINAN URBAN CONST      5.74     09/04/24      CNY      20.43
HUAINAN URBAN CONST      7.50     03/20/25      CNY      40.00
HUAINAN URBAN CONST      7.50     03/20/25      CNY      41.23
HUAINAN URBAN CONST      7.02     03/22/26      CNY      62.84
HUAINAN URBAN CONST      7.58     02/12/26      CNY      63.01
HUAIYUAN URBAN INVE      5.17     01/23/26      CNY      60.76
HUANGMEI COUNTY URB      6.68     10/18/24      CNY      20.44
HUANGMEI COUNTY URB      6.68     10/18/24      CNY      20.44
HUANGMEI COUNTY URB      6.80     10/09/24      CNY      20.46
HUANGMEI COUNTY URB      6.80     10/09/24      CNY      20.49
HUANGSHAN CHENGTOU       6.74     04/27/25      CNY      40.00
HUANGSHAN CHENGTOU       6.74     04/27/25      CNY      41.33
HUANGSHI STATE-OWNE      5.80     09/24/26      CNY      61.85
HUANGSHI STATE-OWNE      5.80     09/24/26      CNY      61.91
HUANGSHI ZHONGBANG       5.95     06/02/24      CNY      20.27
HUANGSHI ZHONGBANG       5.95     06/02/24      CNY      21.50
HUBEI COMMUNICATION      5.29     06/05/25      CNY      40.83
HUBEI DAYE LAKE HIG      7.50     04/01/26      CNY      60.00
HUBEI DAYE LAKE HIG      6.98     01/30/26      CNY      60.00
HUBEI DAYE LAKE HIG      6.98     01/30/26      CNY      61.80
HUBEI DAYE LAKE HIG      7.50     04/01/26      CNY      62.50
HUBEI JIAKANG CONST      7.80     12/19/25      CNY      62.55
HUBEI SONGZI JINSON      6.60     06/21/24      CNY      20.27
HUBEI SONGZI JINSON      6.60     06/21/24      CNY      20.27
HUBEI SUPPLY AND MA      6.70     08/23/24      CNY      20.44
HUBEI SUPPLY AND MA      6.70     08/23/24      CNY      20.47
HUBEI YILING ECONOM      6.45     09/05/24      CNY      20.41
HUBEI YILING ECONOM      6.45     09/05/24      CNY      20.42
HUBEI YILING ECONOM      7.50     03/28/26      CNY      60.00
HUBEI YILING ECONOM      7.50     03/28/26      CNY      62.12
HUNAN CHUZHISHENG H      7.50     03/27/26      CNY      60.00
HUNAN CHUZHISHENG H      7.50     03/27/26      CNY      63.06
HUNAN DESHAN CONSTR      6.46     09/14/24      CNY      20.15
HUNAN DESHAN CONSTR      6.46     09/14/24      CNY      20.46
HUNAN MEISHAN RESOU      8.00     03/21/26      CNY      60.00
HUNAN MEISHAN RESOU      8.00     03/21/26      CNY      63.41
HUNAN PROVINCIAL RA      6.09     04/30/25      CNY      30.00
HUNAN PROVINCIAL RA      6.09     04/30/25      CNY      30.87
HUNAN SENTE INDUSTR      6.90     11/28/24      CNY      20.00
HUNAN SENTE INDUSTR      6.90     11/28/24      CNY      40.54
HUNAN SENTE INDUSTR      7.30     06/06/26      CNY      60.00
HUNAN SENTE INDUSTR      7.30     06/06/26      CNY      62.69
HUNAN SHAODONG ECO-      6.58     12/13/23      CNY      20.05
HUNAN TIANYI RONGTO      8.00     10/24/25      CNY      41.10
HUNAN TIANYI RONGTO      7.50     09/17/25      CNY      41.60
HUNAN TIANYI RONGTO      7.50     09/17/25      CNY      41.84
HUNAN TIANYI RONGTO      8.00     10/24/25      CNY      42.31
HUNAN XUANDA CONSTR      7.50     01/24/26      CNY      60.00
HUNAN XUANDA CONSTR      7.50     01/23/26      CNY      60.00
HUNAN XUANDA CONSTR      7.50     01/23/26      CNY      61.45
HUNAN XUANDA CONSTR      7.50     01/24/26      CNY      61.70
HUNAN ZHIGU INVESTM      5.80     07/28/24      CNY      20.22
HUNAN ZHIGU INVESTM      5.80     07/28/24      CNY      20.32
HUZHOU CITY INVESTM      6.39     09/25/25      CNY      41.82
HUZHOU CITY INVESTM      5.30     05/06/26      CNY      61.60
HUZHOU NEW CITY INV      6.00     03/26/24      CNY      39.41
HUZHOU NEW CITY INV      7.50     11/23/24      CNY      40.86
HUZHOU NEW CITY INV      7.50     11/23/24      CNY      41.50
HUZHOU WUXING NANTA      7.90     09/20/25      CNY      41.86
JIAHE ZHUDU DEVELOP      6.50     05/25/24      CNY      20.24
JIAHE ZHUDU DEVELOP      6.50     05/25/24      CNY      20.24
JIAHE ZHUDU DEVELOP      7.50     03/13/25      CNY      40.00
JIAHE ZHUDU DEVELOP      7.50     03/13/25      CNY      41.03
JIANDE CITY CONSTRU      7.43     01/03/26      CNY      62.37
JIANDE CITY CONSTRU      7.43     01/03/26      CNY      62.37
JIANDE STATE-OWNED       6.69     11/20/24      CNY      40.74
JIANGSU GAOCHUN ECO      3.92     11/23/23      CNY      20.00
JIANGSU GAOCHUN ECO      3.92     11/23/23      CNY      20.08
JIANGSU GAOCHUN ECO      5.66     06/26/24      CNY      20.22
JIANGSU GAOCHUN ECO      5.66     06/26/24      CNY      20.27
JIANGSU GAOCHUN ECO      6.08     08/14/24      CNY      20.32
JIANGSU GAOCHUN ECO      6.08     08/14/24      CNY      20.37
JIANGSU HAIRUN CITY      5.20     04/02/26      CNY      60.50
JIANGSU HAIRUN CITY      5.20     04/02/26      CNY      61.74
JIANGSU HAIYI HOLDI      5.98     09/11/25      CNY      41.16
JIANGSU HAIYI HOLDI      5.98     09/11/25      CNY      41.36
JIANGSU HAIZHOUWAN       7.30     02/15/26      CNY      60.59
JIANGSU HAIZHOUWAN       5.18     12/13/25      CNY      61.00
JIANGSU HAIZHOUWAN       5.18     12/13/25      CNY      61.30
JIANGSU HAIZHOUWAN       7.30     02/15/26      CNY      62.57
JIANGSU HONGZE LAKE      6.50     08/01/24      CNY      20.43
JIANGSU JINGUAN INV      4.79     08/12/26      CNY      61.43
JIANGSU JINGUAN INV      4.79     08/12/26      CNY      61.43
JIANGSU JINGUAN INV      7.00     10/25/26      CNY      63.58
JIANGSU JINGUAN INV      7.00     10/25/26      CNY      63.82
JIANGSU JINHUI GROU      5.16     07/14/24      CNY      20.18
JIANGSU JINHUI GROU      5.16     07/14/24      CNY      20.64
JIANGSU KAIYUAN INV      7.08     08/03/24      CNY      20.49
JIANGSU KAIYUAN INV      7.08     08/03/24      CNY      20.49
JIANGSU LIYANG HIGH      5.70     08/30/24      CNY      20.33
JIANGSU LIYANG HIGH      5.70     08/30/24      CNY      20.36
JIANGSU RUNCHENG AS      5.65     04/19/24      CNY      20.11
JIANGSU RUNCHENG AS      5.65     04/19/24      CNY      20.40
JIANGSU SHENGZE INV      4.18     08/13/25      CNY      70.92
JIANGSU SHENGZE INV      4.18     08/13/25      CNY      71.03
JIANGSU TAODU URBAN      5.99     04/13/25      CNY      40.86
JIANGSU WUZHONG ECO      5.26     12/25/25      CNY      60.00
JIANGSU WUZHONG ECO      5.26     12/25/25      CNY      61.22
JIANGSU XIANXING CO      5.37     12/20/25      CNY      61.03
JIANGSU XIANXING CO      5.37     12/20/25      CNY      61.45
JIANGSU YANGKOU POR      7.38     04/03/25      CNY      41.29
JIANGSU YANGKOU POR      7.60     08/17/25      CNY      41.95
JIANGSU YANGKOU POR      7.60     08/17/25      CNY      41.95
JIANGSU YANGKOU POR      7.38     04/03/25      CNY      42.50
JIANGSU ZHONGAN CON      5.65     03/24/24      CNY      20.09
JIANGSU ZHONGAN CON      5.65     03/24/24      CNY      20.36
JIANGSU ZHONGNAN CO      7.30     03/17/25      CNY      44.19
JIANGXI HUANGGANGSH      7.90     10/08/25      CNY      41.80
JIANGXI HUANGGANGSH      7.90     10/08/25      CNY      42.32
JIANGXI HUANGGANGSH      7.48     04/12/26      CNY      61.93
JIANGXI HUANGGANGSH      7.90     01/25/26      CNY      62.96
JIANGXI HUKOU SHIZH      6.80     12/01/24      CNY      40.55
JIANGXI HUKOU SHIZH      6.80     12/01/24      CNY      41.05
JIANGXI JIHU DEVELO      7.50     04/10/25      CNY      40.00
JIANGXI JIHU DEVELO      6.80     02/07/25      CNY      40.00
JIANGXI JIHU DEVELO      6.80     02/07/25      CNY      40.70
JIANGXI JIHU DEVELO      7.50     04/10/25      CNY      41.09
JIANGXI PINGXIANG C      6.00     08/11/24      CNY      20.27
JIANGXI PINGXIANG C      6.00     08/11/24      CNY      20.36
JIANGXI PINGXIANG C      6.70     09/26/26      CNY      60.56
JIANGXI PINGXIANG C      6.70     09/26/26      CNY      62.65
JIANGXI WANNIAN STA      7.20     06/03/26      CNY      59.50
JIANGXI WANNIAN STA      7.20     06/03/26      CNY      61.90
JIANGXI XIUSHUI CIT      7.40     12/08/24      CNY      40.56
JIANGYOU XINGYI PAR      7.50     05/07/26      CNY      74.84
JIANLI FENGYUAN CIT      6.78     04/28/24      CNY      20.23
JIANLI FENGYUAN CIT      6.78     04/28/24      CNY      20.30
JIANLI FENGYUAN CIT      7.50     01/14/26      CNY      60.00
JIANLI FENGYUAN CIT      7.50     01/14/26      CNY      62.15
JIANYANG DEVELOPMEN      3.93     11/10/23      CNY      20.00
JIANYANG DEVELOPMEN      3.93     11/10/23      CNY      20.00
JIANYANG DEVELOPMEN      6.17     03/12/26      CNY      62.05
JIANYANG DEVELOPMEN      6.17     03/12/26      CNY      63.50
JIANYANG MODERN IND      6.00     04/24/24      CNY      20.16
JIANYANG MODERN IND      6.00     04/24/24      CNY      20.20
JIAXING JIAXIU DEVE      5.60     09/25/24      CNY      20.36
JIAXING JIAXIU DEVE      5.60     09/25/24      CNY      20.42
JIAXING XIANGJIADAN      6.40     04/19/25      CNY      40.00
JIAXING XIANGJIADAN      6.40     04/19/25      CNY      41.09
JIAXING XIUHU DEVEL      6.80     04/16/25      CNY      40.00
JIAXING XIUHU DEVEL      6.80     04/16/25      CNY      41.19
JIAYU COUNTY URBAN       6.50     01/19/24      CNY      20.09
JIAYU COUNTY URBAN       6.50     01/19/24      CNY      20.10
JIAYU COUNTY URBAN       5.70     03/23/24      CNY      20.11
JIAYU COUNTY URBAN       5.70     03/23/24      CNY      20.11
JIN HUA RONG SHENG       6.85     12/27/24      CNY      40.00
JIN HUA RONG SHENG       6.85     12/27/24      CNY      40.94
JINGDEZHEN CERAMIC       7.50     08/27/25      CNY      40.95
JINGDEZHEN CERAMIC       7.50     08/27/25      CNY      41.82
JINGDEZHEN CITY CON      7.49     01/08/26      CNY      60.00
JINGDEZHEN CITY CON      7.49     01/08/26      CNY      60.62
JINGGANGSHAN STATE-      7.00     04/01/26      CNY      60.00
JINGGANGSHAN STATE-      7.00     04/01/26      CNY      61.42
JINGJIANG BINJIANG       5.37     07/25/24      CNY      20.24
JINGJIANG BINJIANG       5.37     07/25/24      CNY      20.35
JINGJIANG BINJIANG       5.20     06/10/29      CNY      73.00
JINGMEN CITY CONSTR      4.37     08/19/26      CNY      60.81
JINGMEN CITY CONSTR      4.37     08/19/26      CNY      60.88
JINGMEN DONGBAO DIS      7.30     03/23/25      CNY      40.00
JINGMEN DONGBAO DIS      7.30     03/23/25      CNY      41.21
JINGSHAN JINGCHENG       7.00     02/07/25      CNY      40.00
JINGSHAN JINGCHENG       7.00     02/07/25      CNY      40.92
JINGXIAN STATED-OWN      6.80     02/09/25      CNY      40.00
JINGXIAN STATED-OWN      6.80     02/09/25      CNY      40.90
JINGZHOU DEVELOPMEN      4.87     09/23/26      CNY      45.10
JINGZHOU DEVELOPMEN      4.87     09/23/26      CNY      45.18
JINGZHOU JINGZHOU D      7.20     02/01/26      CNY      62.01
JINGZHOU JINGZHOU D      7.20     02/01/26      CNY      62.02
JINGZHOU URBAN CONS      5.68     07/20/24      CNY      20.36
JINGZHOU URBAN CONS      5.68     07/20/24      CNY      21.70
JINING NEW CITY DEV      7.60     03/23/25      CNY      40.00
JINING NEW CITY DEV      7.60     03/23/25      CNY      40.99
JINING NEW CITY DEV      7.30     05/06/26      CNY      60.00
JINING NEW CITY DEV      7.30     05/06/26      CNY      60.64
JINKE PROPERTIES GR      6.30     02/20/25      CNY       4.97
JINKE PROPERTIES GR      6.85     05/28/24      USD       7.22
JINKE PROPERTIES GR      6.30     06/24/25      CNY      10.00
JINKE PROPERTIES GR      6.30     03/04/25      CNY      10.00
JINKE PROPERTIES GR      6.20     01/28/25      CNY      13.96
JINXIAN COUNTY CITY      6.20     07/24/24      CNY      20.35
JINXIANG COUNTY CIT      7.50     03/20/26      CNY      60.92
JINXIANG COUNTY CIT      7.50     03/20/26      CNY      62.54
JINZHOU CIHANG GROU      9.00     04/05/20      CNY      33.63
JISHOU HUATAI STATE      6.50     06/21/24      CNY      20.28
JISHOU HUATAI STATE      6.45     09/11/24      CNY      20.31
JISHOU HUATAI STATE      6.50     06/21/24      CNY      20.34
JISHOU HUATAI STATE      6.45     09/11/24      CNY      20.46
JUNAN COUNTY URBAN       7.50     09/26/24      CNY      20.52
JUNAN COUNTY URBAN       7.50     09/26/24      CNY      20.56
JURONG URBAN CONSTR      6.89     09/18/24      CNY      20.52
JURONG URBAN CONSTR      6.89     09/18/24      CNY      20.64
JURONG URBAN CONSTR      6.80     11/06/24      CNY      20.67
JURONG URBAN CONSTR      6.80     11/06/24      CNY      40.58
JURONG URBAN CONSTR      4.98     07/23/26      CNY      61.40
KAIDI ECOLOGICAL AN      6.10     09/07/19      CNY       2.92
KAIDI ECOLOGICAL AN      7.00     12/15/19      CNY      10.00
KAIDI ECOLOGICAL AN      8.50     11/21/18      CNY      72.46
KAIFENG DEVELOPMENT      6.10     09/08/27      CNY      62.40
KAIFENG DEVELOPMENT      6.10     09/08/27      CNY      62.70
KANGMEI PHARMACEUTI      5.47     09/15/22      CNY      20.50
KANGMEI PHARMACEUTI      5.29     08/16/22      CNY      20.50
KANGMEI PHARMACEUTI      5.20     07/17/22      CNY      20.50
KANGMEI PHARMACEUTI      6.33     01/27/22      CNY      20.50
KANGMEI PHARMACEUTI      6.80     06/28/21      CNY      20.50
KANGMEI PHARMACEUTI      7.00     06/21/21      CNY      20.50
KANGMEI PHARMACEUTI      5.50     04/20/21      CNY      20.50
KANGMEI PHARMACEUTI      6.10     03/28/21      CNY      20.50
KANGMEI PHARMACEUTI      6.28     03/20/21      CNY      20.50
KUNMING AIRPORT INV      7.50     01/28/26      CNY      58.20
KUNMING DIANCHI INV      5.75     07/24/24      CNY      19.68
KUNMING DIANCHI INV      5.75     07/24/24      CNY      19.70
KUNSHAN CITY CONSTR      5.70     04/24/25      CNY      41.00
KUNSHAN YINQIAO HOL      5.50     10/18/24      CNY      20.29
KUNSHAN YINQIAO HOL      5.50     10/18/24      CNY      20.32
LAI AN URBAN INFRAS      6.50     04/18/25      CNY      41.14
LAI AN URBAN INFRAS      6.50     04/18/25      CNY      41.66
LANLING COUNTY STAT      7.45     03/28/26      CNY      62.49
LAOHEKOU CITY CONST      6.49     08/16/24      CNY      20.06
LAOHEKOU CITY CONST      6.49     08/16/24      CNY      20.42
LAOHEKOU CITY CONST      7.50     06/09/24      CNY      70.00
LETING INVESTMENT G      7.50     04/11/26      CNY      59.80
LETING INVESTMENT G      7.50     04/11/26      CNY      60.75
LIANYUNGANG HENGCHI      7.45     09/22/24      CNY      20.39
LIANYUNGANG HENGCHI      7.45     09/22/24      CNY      20.43
LIANYUNGANG HENGCHI      7.40     10/27/24      CNY      20.50
LIANYUNGANG HENGCHI      7.40     10/27/24      CNY      20.70
LIANYUNGANG JINDONG      5.37     06/20/26      CNY      61.70
LIANYUNGANG XIANGYU      7.03     03/04/26      CNY      60.10
LIANYUNGANG XIANGYU      7.03     03/04/26      CNY      61.71
LIAONING GUANLONG C      4.70     11/10/23      CNY      20.00
LIAONING GUANLONG C      4.70     11/10/23      CNY      20.00
LIJIN CITY CONSTRUC      7.50     04/26/26      CNY      60.00
LIJIN CITY CONSTRUC      7.50     12/20/25      CNY      60.00
LIJIN CITY CONSTRUC      7.50     12/20/25      CNY      62.05
LIJIN CITY CONSTRUC      7.50     04/26/26      CNY      62.73
LINFEN YAODU DISTRI      7.50     09/19/25      CNY      42.03
LINQU YISHAN INDUST      7.20     11/23/24      CNY      40.00
LINQU YISHAN INDUST      7.20     11/23/24      CNY      40.74
LINWU SHUNFA URBAN       7.00     08/23/24      CNY      20.52
LINWU SHUNFA URBAN       7.00     08/23/24      CNY      20.53
LINYI CITY DEVELOPM      3.85     11/22/23      CNY      19.99
LINYI CITY DEVELOPM      3.85     11/22/23      CNY      20.01
LINYI COUNTY CITY D      7.78     03/21/25      CNY      40.00
LINYI COUNTY CITY D      7.78     03/21/25      CNY      41.36
LINYI ZHENDONG CONS      7.50     12/06/25      CNY      60.00
LINYI ZHENDONG CONS      7.50     11/26/25      CNY      60.00
LINYI ZHENDONG CONS      7.50     11/26/25      CNY      62.20
LINYI ZHENDONG CONS      7.50     12/06/25      CNY      62.27
LIUPANSHUI AGRICULT      8.00     04/26/27      CNY      64.23
LIUPANSHUI CITY TRA      5.98     05/02/24      CNY      20.03
LIUPANSHUI CITY TRA      5.98     05/02/24      CNY      20.21
LIUYANG MODERN MANU      5.75     05/02/24      CNY      20.21
LIUYANG MODERN MANU      5.75     05/02/24      CNY      20.34
LIUYANG MODERN MANU      5.88     08/10/24      CNY      20.35
LIUYANG MODERN MANU      5.88     08/10/24      CNY      20.35
LIUZHI SPECIAL DIST      7.00     11/16/24      CNY      40.00
LIUZHI SPECIAL DIST      7.00     11/16/24      CNY      40.63
LIUZHOU LONGJIAN IN      8.28     04/30/24      CNY      15.00
LIUZHOU LONGJIAN IN      8.28     04/30/24      CNY      15.15
LIUZHOU LONGJIAN IN      7.00     09/21/27      CNY      62.42
LIUZHOU LONGJIAN IN      7.00     09/21/27      CNY      64.19
LONGCHANG DEVELOPME      7.09     10/31/24      CNY      20.67
LONGCHANG DEVELOPME      7.09     10/31/24      CNY      20.68
LONGNAN ECO&TECH DE      7.50     07/26/26      CNY      61.98
LONGYOU COUNTY STAT      6.47     09/11/26      CNY      62.27
LONGYOU COUNTY STAT      6.47     09/11/26      CNY      62.92
LU'AN CITY CONSTRUC      5.30     09/11/24      CNY      50.97
LU'AN JIN'AN DISTRI      5.95     07/24/24      CNY      20.40
LUANCHUAN COUNTY TI      8.50     01/23/26      CNY      60.00
LUANCHUAN COUNTY TI      8.50     01/23/26      CNY      62.47
LUJIANG CITY CONSTR      5.89     05/02/25      CNY      40.74
LUOHE ECONOMIC DEVE      7.50     12/18/25      CNY      62.32
LUOHE ECONOMIC DEVE      7.50     12/18/25      CNY      62.32
LUOYANG SHENGSHI UR      7.06     04/11/26      CNY      61.42
LUOYANG SHENGSHI UR      7.06     04/11/26      CNY      62.00
LUOYANG XIYUAN STAT      7.50     11/15/25      CNY      59.50
LUOYANG XIYUAN STAT      7.80     01/29/26      CNY      59.60
LUOYANG XIYUAN STAT      7.50     11/15/25      CNY      59.98
LUOYANG XIYUAN STAT      7.80     01/29/26      CNY      62.63
LUXI URBAN CONSTRUC      6.80     10/27/24      CNY      20.47
LUXI URBAN CONSTRUC      6.80     10/27/24      CNY      20.49
LUZHOU HUIXING INVE      6.28     10/19/24      CNY      20.44
LUZHOU HUIXING INVE      6.28     10/19/24      CNY      20.48
LUZHOU INDUSTRIAL D      7.20     04/12/25      CNY      40.00
LUZHOU INDUSTRIAL D      7.20     04/12/25      CNY      41.04
LUZHOU LIN GANG INV      7.00     12/01/24      CNY      40.00
LUZHOU LIN GANG INV      7.00     12/01/24      CNY      40.54
LUZHOU LIN GANG INV      7.10     02/07/25      CNY      40.70
LUZHOU LIN GANG INV      7.10     02/07/25      CNY      40.78
LUZHOU XINGLU INVES      6.41     04/23/25      CNY      30.00
LUZHOU XINGLU INVES      6.41     04/23/25      CNY      30.98
MA'ANSHAN CIHU HIGH      3.90     11/28/23      CNY      20.00
MA'ANSHAN CIHU HIGH      3.90     11/28/23      CNY      20.05
MAANSHAN NINGBO INV      7.50     04/18/26      CNY      24.00
MAANSHAN NINGBO INV      7.80     11/29/25      CNY      60.00
MAANSHAN NINGBO INV      7.80     11/29/25      CNY      61.58
MAANSHAN NINGBO INV      7.50     04/18/26      CNY      63.04
MAANSHAN YUSHAN CIT      5.62     07/31/24      CNY      20.20
MAANSHAN YUSHAN CIT      5.62     07/31/24      CNY      20.20
MAANSHAN YUSHAN CIT      5.85     09/22/24      CNY      20.28
MAANSHAN YUSHAN CIT      5.85     09/22/24      CNY      20.28
MA'ANSHAN ZHENGPU H      6.00     10/13/24      CNY      20.39
MA'ANSHAN ZHENGPU H      6.00     10/13/24      CNY      20.53
MA'ANSHAN ZHENGPU H      6.80     03/19/25      CNY      40.00
MA'ANSHAN ZHENGPU H      6.80     03/19/25      CNY      40.96
MEISHAN CITY DONGPO      8.08     08/16/25      CNY      42.06
MEISHAN CITY DONGPO      8.08     08/16/25      CNY      42.06
MEISHAN CITY DONGPO      8.00     01/03/26      CNY      62.74
MEISHAN CITY DONGPO      8.00     01/03/26      CNY      62.75
MEISHAN MINDONG DEV      6.78     08/08/24      CNY      20.39
MEISHAN MINDONG DEV      6.78     08/08/24      CNY      20.45
MEISHAN MINDONG DEV      7.30     05/20/25      CNY      70.00
MEISHAN MINDONG DEV      7.30     05/20/25      CNY      72.35
MENGCHENG COUNTY UR      5.60     09/21/24      CNY      20.34
MENGCHENG COUNTY UR      5.60     09/21/24      CNY      20.35
MENGZHOU INVESTMENT      8.00     09/03/25      CNY      42.13
MENGZHOU INVESTMENT      8.00     09/03/25      CNY      42.13
MENGZHOU INVESTMENT      8.00     11/06/25      CNY      42.41
MENGZHOU INVESTMENT      8.00     11/06/25      CNY      62.42
MENGZI CITY DEVELOP      7.65     09/25/24      CNY      20.38
MENGZI CITY DEVELOP      7.65     09/25/24      CNY      20.67
MENGZI CITY DEVELOP      8.00     03/25/26      CNY      55.50
MENGZI CITY DEVELOP      8.00     03/25/26      CNY      63.32
MIAN YANG ECONOMIC       8.20     03/15/26      CNY      60.00
MIAN YANG ECONOMIC       8.20     03/15/26      CNY      62.31
MIAN YANG ECONOMIC       8.00     09/29/26      CNY      62.59
MIAN YANG ECONOMIC       8.00     09/29/26      CNY      63.96
MIANYANG ANZHOU INV      8.10     05/04/25      CNY      40.50
MIANYANG ANZHOU INV      8.10     05/04/25      CNY      41.40
MIANYANG ANZHOU INV      8.10     11/22/25      CNY      60.00
MIANYANG ANZHOU INV      8.10     11/22/25      CNY      62.30
MIANYANG HONGDA ASS      7.20     09/29/24      CNY      20.52
MIANYANG HONGDA ASS      7.20     09/29/24      CNY      20.52
MIANYANG HUIDONG IN      8.10     02/10/25      CNY      41.30
MIANYANG HUIDONG IN      8.10     04/28/25      CNY      41.68
MIANZHU CITY JINSHE      7.87     12/18/25      CNY      62.24
MIANZHU CITY JINSHE      7.87     12/18/25      CNY      62.24
MILE AGRICULTURAL I      8.00     10/25/25      CNY      41.21
MILE AGRICULTURAL I      8.00     10/25/25      CNY      42.36
MILE AGRICULTURAL I      7.60     02/27/26      CNY      60.00
MILE AGRICULTURAL I      7.60     02/27/26      CNY      62.84
MINGGUANG YUELONG I      6.54     05/03/25      CNY      41.22
MUDANJIANG LONGSHEN      7.50     09/27/25      CNY      41.99
MUNICIPALITY OF SHE      3.27     03/29/24      CNY      30.00
MUNICIPALITY OF SHE      3.27     03/29/24      CNY      30.00
MUNICIPALITY OF SHE      3.27     03/29/24      CNY      30.08
MUNICIPALITY OF SHE      3.34     06/18/24      CNY      33.32
MUNICIPALITY OF SHE      3.34     06/18/24      CNY      33.32
MUNICIPALITY OF SHE      3.15     01/14/25      CNY      33.33
MUNICIPALITY OF SHE      3.15     01/14/25      CNY      33.33
MUNICIPALITY OF SHE      3.15     01/14/25      CNY      33.44
MUNICIPALITY OF SHE      3.34     06/18/24      CNY      33.49
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      37.50
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      37.50
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      37.77
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      39.32
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      39.32
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      39.58
MUNICIPALITY OF SHE      3.31     01/14/27      CNY      50.00
MUNICIPALITY OF SHE      3.31     01/14/27      CNY      50.00
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      50.42
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      50.42
MUNICIPALITY OF SHE      3.31     01/14/27      CNY      50.55
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      50.75
MUNICIPALITY OF SHE      3.50     06/18/29      CNY      60.00
MUNICIPALITY OF SHE      3.50     06/18/29      CNY      60.00
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      60.00
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      60.00
MUNICIPALITY OF SHE      3.37     03/29/26      CNY      60.50
MUNICIPALITY OF SHE      2.80     05/19/27      CNY      61.00
MUNICIPALITY OF SHE      2.80     05/19/27      CNY      61.00
MUNICIPALITY OF SHE      3.50     06/18/29      CNY      61.05
MUNICIPALITY OF SHE      2.80     05/19/27      CNY      61.16
MUNICIPALITY OF SHE      4.07     09/28/28      CNY      62.50
MUNICIPALITY OF SHE      4.07     09/28/28      CNY      64.39
MUNICIPALITY OF SHE      4.07     09/28/28      CNY      64.39
MUNICIPALITY OF SHE      2.84     04/03/30      CNY      69.82
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.00
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      70.00
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      70.00
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.00
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.00
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.00
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.00
MUNICIPALITY OF SHE      2.84     04/03/30      CNY      70.00
MUNICIPALITY OF SHE      2.84     04/03/30      CNY      70.00
MUNICIPALITY OF SHE      3.37     01/14/30      CNY      70.00
MUNICIPALITY OF SHE      3.37     01/14/30      CNY      70.00
MUNICIPALITY OF SHE      2.93     05/19/30      CNY      70.02
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      70.82
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      70.82
MUNICIPALITY OF SHE      3.37     01/14/30      CNY      71.30
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      71.42
MUNICIPALITY OF SHE      3.26     08/28/30      CNY      71.43
MUNICIPALITY OF SHE      3.50     06/18/29      CNY      75.00
MUNICIPALITY OF SHE      3.50     06/18/29      CNY      75.00
NANCHANG CITY CONST      3.58     09/12/26      CNY      59.88
NANCHANG CITY CONST      3.58     09/12/26      CNY      60.05
NANCHONG AIRPORT IN      6.98     12/21/28      CNY      70.99
NANCHONG JIALING DE      7.98     05/23/25      CNY      40.00
NANCHONG JIALING DE      7.80     12/12/24      CNY      40.00
NANCHONG JIALING DE      7.80     12/12/24      CNY      40.79
NANCHONG JIALING DE      7.98     05/23/25      CNY      41.44
NANJING BINJIANG IN      5.77     11/30/25      CNY      60.00
NANJING BINJIANG IN      5.77     11/30/25      CNY      61.57
NANJING JIANGBEI NE      6.00     12/06/24      CNY      40.59
NANJING JIANGBEI NE      6.00     12/06/24      CNY      40.63
NANJING JIANGBEI NE      6.90     06/15/25      CNY      41.61
NANJING JIANGBEI NE      6.90     06/15/25      CNY      41.62
NANJING JIANGBEI NE      5.59     09/26/24      CNY      20.27
NANJING JIANGBEI NE      5.59     09/26/24      CNY      20.49
NANJING JIANGNING E      7.94     04/14/24      CNY      15.34
NANJING JIANGNING U      3.48     11/11/23      CNY      19.99
NANJING JIANGNING U      3.48     11/11/23      CNY      19.99
NANJING LISHUI ECON      3.41     11/09/23      CNY      20.00
NANJING LISHUI ECON      3.41     11/09/23      CNY      20.05
NANJING LISHUI URBA      5.40     07/31/25      CNY      40.97
NANJING LISHUI URBA      5.40     07/31/25      CNY      41.16
NANJING METRO GROUP      4.22     11/28/23      CNY      40.03
NANJING PUKOU COMMU      5.46     07/19/24      CNY      20.23
NANLING COUNTY CONS      6.20     09/06/24      CNY      20.40
NANLING COUNTY CONS      6.20     09/06/24      CNY      20.41
NANPING CITY WUYI N      7.19     03/21/26      CNY      63.18
NANPING CITY WUYI N      7.19     03/21/26      CNY      63.19
NANPING WUYI GROUP       6.23     09/04/26      CNY      62.61
NANPING WUYI GROUP       6.23     09/04/26      CNY      62.61
NANTONG CITY TONGZH      4.88     04/10/24      CNY      20.13
NANTONG CITY TONGZH      4.88     04/10/24      CNY      20.17
NANTONG ECNOMIC TEC      5.38     04/17/26      CNY      61.33
NANTONG KAIYUAN INV      7.25     11/29/24      CNY      40.62
NANTONG KAIYUAN INV      7.25     11/29/24      CNY      40.62
NANTONG SHIBEI HI-T      5.98     08/07/24      CNY      20.32
NANTONG SHIBEI HI-T      5.98     08/07/24      CNY      20.36
NANTONG YUNTONG POR      6.13     08/10/24      CNY      20.34
NANTONG YUNTONG POR      6.13     08/10/24      CNY      20.37
NANZHANG COUNTY CON      6.00     01/20/24      CNY      20.09
NANZHANG COUNTY CON      6.00     01/20/24      CNY      20.10
NANZHANG COUNTY CON      6.58     10/25/24      CNY      20.53
NANZHANG COUNTY CON      6.58     10/25/24      CNY      20.59
NEOGLORY HOLDING GR      8.00     10/22/20      CNY      56.00
NEOGLORY HOLDING GR      8.00     09/25/20      CNY      60.00
NEOGLORY HOLDING GR      8.10     11/23/18      CNY      72.00
NINGBO BEILUN DISTR      4.89     07/19/26      CNY      61.79
NINGBO BEILUN DISTR      4.89     07/19/26      CNY      61.94
NINGGUO CITY STATE       7.14     08/07/24      CNY      20.48
NINGGUO CITY STATE       7.14     08/07/24      CNY      20.61
NINGXIA SHENG YAN I      7.50     09/27/28      CNY      42.45
NINGXIANG CITY CONS      6.00     06/02/26      CNY      52.03
PANJIN CITY SHUANGT      8.70     12/20/25      CNY      63.15
PANJIN CITY SHUANGT      8.70     12/20/25      CNY      63.15
PANJIN CITY SHUANGT      8.50     01/29/26      CNY      63.26
PANJIN CITY SHUANGT      8.50     01/29/26      CNY      63.27
PEIXIAN ECONOMIC DE      6.20     10/24/25      CNY      41.44
PEIXIAN ECONOMIC DE      6.20     10/24/25      CNY      62.20
PEIXIAN ECONOMIC DE      7.51     11/04/26      CNY      63.14
PEIXIAN STATE-OWNED      5.98     07/19/24      CNY      20.00
PEIXIAN STATE-OWNED      5.98     07/19/24      CNY      20.35
PEKING UNIVERSITY F      6.30     03/04/24      CNY      11.00
PEKING UNIVERSITY F      6.50     11/16/23      CNY      11.00
PEKING UNIVERSITY F      6.68     08/09/23      CNY      11.00
PEKING UNIVERSITY F      5.80     01/28/22      CNY      11.00
PEKING UNIVERSITY F      5.99     11/02/21      CNY      11.00
PEKING UNIVERSITY F      6.10     08/22/21      CNY      11.00
PEKING UNIVERSITY F      4.80     07/26/21      CNY      11.00
PEKING UNIVERSITY F      6.30     09/12/20      CNY      11.00
PEKING UNIVERSITY F      6.15     07/23/20      CNY      11.00
PEKING UNIVERSITY F      6.20     05/31/20      CNY      11.00
PENGSHAN DEVELOPMEN      7.00     09/05/24      CNY      20.53
PENGSHAN DEVELOPMEN      7.00     09/05/24      CNY      20.59
PENGSHAN DEVELOPMEN      7.98     05/03/25      CNY      41.57
PENGSHAN DEVELOPMEN      7.98     05/03/25      CNY      41.59
PENGZE CITY DEVELOP      7.00     04/19/25      CNY      40.00
PENGZE CITY DEVELOP      7.00     04/19/25      CNY      41.14
PENGZE CITY DEVELOP      7.60     08/31/25      CNY      41.55
PENGZE CITY DEVELOP      7.60     08/31/25      CNY      41.90
PINGDU STATE-OWNED       6.05     07/11/25      CNY      41.27
PINGJIANG COUNTY WA      6.64     06/27/26      CNY      45.28
PINGLIANG CHENGXIAN      7.80     03/29/26      CNY      60.19
PINGLIANG CHENGXIAN      7.80     03/29/26      CNY      62.79
PINGXIANG HUIFENG I      5.79     09/21/24      CNY      20.27
PINGXIANG HUIFENG I      5.79     09/21/24      CNY      20.27
PINGYANG STATE-OWNE      6.90     08/24/27      CNY      64.05
PINGYANG STATE-OWNE      6.90     08/24/27      CNY      64.14
PIZHOU ECONOMIC DEV      6.66     09/19/24      CNY      20.48
PIZHOU ECONOMIC DEV      6.66     09/19/24      CNY      20.48
POYANG INVESTMENT &      6.53     08/08/24      CNY      20.43
POYANG INVESTMENT &      6.53     08/08/24      CNY      20.44
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.00
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.00
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.00
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.00
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.00
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.00
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.17     08/22/24      CNY      40.18
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.22
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.22
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.22
PROVINCE OF HEBEI C      3.22     09/19/24      CNY      40.22
PROVINCE OF HEBEI C      2.35     05/26/25      CNY      69.74
PROVINCE OF HEBEI C      2.35     05/26/25      CNY      70.00
PROVINCE OF HEBEI C      2.35     05/26/25      CNY      70.00
PROVINCE OF HEBEI C      2.66     04/01/25      CNY      70.00
PROVINCE OF HEBEI C      2.66     04/01/25      CNY      70.00
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.00
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.00
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.00
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.00
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.11
PROVINCE OF HEBEI C      2.66     04/01/25      CNY      70.15
PROVINCE OF HEBEI C      2.84     03/04/25      CNY      70.19
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.26
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.26
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.26
PROVINCE OF HEBEI C      3.17     01/10/25      CNY      70.43
PUCHENG INVESTMENT       6.57     08/10/24      CNY      20.34
PUCHENG INVESTMENT       6.57     08/10/24      CNY      20.34
PUDING YELANG STATE      7.79     11/13/24      CNY      39.80
PUDING YELANG STATE      7.79     11/13/24      CNY      40.20
PUDING YELANG STATE      8.00     03/13/25      CNY      40.29
PUDING YELANG STATE      8.00     03/13/25      CNY      45.00
PUER CITY SI MAO GU      7.50     03/14/26      CNY      60.00
PUER CITY SI MAO GU      7.50     03/14/26      CNY      62.47
PUTIAN HIGH TECHNOL      6.95     08/12/26      CNY      61.19
PUYANG INVESTMENT G      5.18     08/17/24      CNY      20.25
PUYANG INVESTMENT G      5.18     08/17/24      CNY      20.25
QIANDONGNANZHOU KAI      5.30     09/22/26      CNY      42.63
QIANDONGNANZHOU KAI      5.30     09/22/26      CNY      45.73
QIANJIANG URBAN CON      5.67     01/16/26      CNY      61.44
QIANJIANG URBAN CON      5.67     01/16/26      CNY      61.60
QIANNAN AUTONOMOUS       6.99     04/19/24      CNY      20.29
QIANNAN AUTONOMOUS       6.99     04/19/24      CNY      20.29
QIANNAN AUTONOMOUS       6.98     07/06/24      CNY      20.42
QIANNAN AUTONOMOUS       6.98     07/06/24      CNY      20.42
QIANNANZHOU INVESTM      6.77     07/28/24      CNY      20.35
QIANNANZHOU INVESTM      6.77     07/28/24      CNY      20.35
QIANNANZHOU INVESTM      8.00     01/02/26      CNY      59.64
QIANNANZHOU INVESTM      8.00     01/02/26      CNY      62.41
QIANSHAN CITY QIANR      6.98     01/19/25      CNY      40.00
QIANSHAN CITY QIANR      6.98     01/19/25      CNY      40.90
QIDONG URBAN CONSTR      5.25     08/16/24      CNY      20.24
QIDONG URBAN CONSTR      5.25     08/16/24      CNY      20.31
QINGDAO CHINA PROSP      6.08     11/05/25      CNY      41.44
QINGDAO CHINA PROSP      6.08     11/05/25      CNY      61.54
QINGDAO HAIFA STATE      6.28     04/04/25      CNY      41.00
QINGDAO HAIFA STATE      6.28     04/04/25      CNY      45.25
QINGDAO JIMO DISTRI      4.87     08/05/26      CNY      60.88
QINGDAO JIMO DISTRI      4.87     08/05/26      CNY      61.08
QINGDAO JIMO DISTRI      5.35     07/10/24      CNY      20.27
QINGDAO JIMO DISTRI      6.27     10/15/25      CNY      41.12
QINGDAO JIMO DISTRI      6.27     10/15/25      CNY      41.34
QINGDAO SHAOHAI INV      6.47     10/31/24      CNY      20.53
QINGDAO SHAOHAI INV      6.47     10/31/24      CNY      40.59
QINGHAI PROVINCIAL       7.25     02/22/20      USD       1.00
QINGHAI PROVINCIAL       7.88     03/22/21      USD       2.34
QINGHAI PROVINCIAL       6.40     07/10/21      USD       2.64
QINGZHEN CITY CONST      7.50     03/18/26      CNY      62.45
QINGZHEN CITY CONST      7.50     03/18/26      CNY      62.45
QINGZHOU CITY CONST      6.80     08/25/24      CNY      19.65
QINGZHOU CITY CONST      6.40     07/10/24      CNY      19.95
QINGZHOU CITY CONST      6.40     07/10/24      CNY      20.22
QINGZHOU CITY CONST      6.80     08/25/24      CNY      20.40
QINGZHOU HONGYUAN P      7.60     06/17/27      CNY      59.00
QINGZHOU HONGYUAN P      7.60     06/17/27      CNY      63.60
QINZHOU BINHAI NEW       7.70     08/15/26      CNY      63.49
QINZHOU BINHAI NEW       7.70     08/15/26      CNY      63.50
QUJING CITY QILIN D      8.50     01/21/26      CNY      60.00
QUJING CITY QILIN D      8.50     01/21/26      CNY      62.88
QUJING ECO TECH DEV      7.40     07/18/26      CNY      60.00
QUJING ECO TECH DEV      7.40     07/18/26      CNY      62.31
RED STAR MACALLINE       6.50     11/07/23      CNY      29.05
RED STAR MACALLINE       7.00     12/23/25      CNY      52.75
RENHUAI WATER INVES      7.98     02/24/25      CNY      39.65
RENHUAI WATER INVES      7.98     07/26/25      CNY      41.92
RENHUAI WATER INVES      8.00     12/26/25      CNY      58.26
REWARD SCIENCE AND       5.53     07/05/21      CNY      29.10
REWARD SCIENCE AND       6.40     03/03/22      CNY      70.00
RONGCHENG ECONOMIC       5.75     04/24/25      CNY      40.79
RONGQIAO GROUP CO L      6.50     06/03/23      CNY      14.90
RONGXIN FUJIAN INVE      6.50     07/06/26      CNY      24.70
RONGXIN FUJIAN INVE      5.42     08/19/24      CNY      30.90
RONGXIN FUJIAN INVE      6.45     04/28/26      CNY      67.40
RONGXIN FUJIAN INVE      6.78     04/28/26      CNY      72.70
RUCHENG COUNTY URBA      5.69     02/23/24      CNY      25.15
RUCHENG COUNTY URBA      5.69     02/23/24      CNY      25.15
RUCHENG SHUNXING IN      7.50     01/07/26      CNY      60.00
RUCHENG SHUNXING IN      7.50     01/07/26      CNY      62.49
RUGAO HITECH INDUST      4.60     09/18/26      CNY      61.05
RUGAO HITECH INDUST      4.60     09/18/26      CNY      61.26
RUILI RENLONG INVES      8.00     09/20/26      CNY      62.89
RUILI RENLONG INVES      8.00     09/20/26      CNY      64.10
RUSHAN INDUSTRIAL I      7.40     06/07/25      CNY      41.60
RUSHAN INDUSTRIAL I      7.40     06/07/25      CNY      44.24
SANMING INVESTMENT       5.10     04/17/24      CNY      20.16
SANMING INVESTMENT       5.10     04/17/24      CNY      20.30
SHAANXI ANKANG HIGH      6.85     03/28/26      CNY      60.00
SHAANXI ANKANG HIGH      6.85     03/28/26      CNY      62.08
SHAANXI XIXIAN NEW       7.10     08/23/24      CNY      20.38
SHAANXI XIXIAN NEW       7.10     08/23/24      CNY      20.53
SHAANXI XIXIAN NEW       6.67     08/23/24      CNY      20.36
SHAANXI XIXIAN NEW       6.67     08/23/24      CNY      20.37
SHANDONG HONGHE HOL      7.50     01/29/26      CNY      59.44
SHANDONG HONGHE HOL      7.50     01/29/26      CNY      60.00
SHANDONG OCEAN CULT      7.50     03/28/26      CNY      60.36
SHANDONG OCEAN CULT      7.50     04/25/26      CNY      60.36
SHANDONG RENCHENG R      7.50     01/23/26      CNY      58.92
SHANDONG RUYI TECHN      7.90     09/18/23      CNY      52.10
SHANDONG SANXING GR      7.90     08/30/24      CNY      53.00
SHANDONG TAIFENG HO      7.99     12/16/23      CNY      25.01
SHANDONG URBAN CAPI      7.50     04/12/26      CNY      60.00
SHANDONG URBAN CAPI      7.50     04/12/26      CNY      62.59
SHANGHAI MUNICIPAL       4.80     11/05/24      CNY      15.16
SHANGHAI MUNICIPAL       4.80     11/05/24      CNY      30.19
SHANGHAI POWERLONG       5.70     06/10/26      CNY      38.08
SHANGHAI POWERLONG       6.60     01/11/24      CNY      59.08
SHANGHAI SHIMAO CO       5.50     05/06/24      CNY      21.25
SHANGHAI SHIMAO CO       5.15     03/16/24      CNY      21.25
SHANGHAI SHIMAO CO       4.12     01/09/24      CNY      21.25
SHANGHAI SHIMAO CO       4.24     10/21/23      CNY      21.25
SHANGHAI SHIMAO CO       3.94     12/28/26      CNY      24.00
SHANGHAI SHIMAO CO       3.99     12/28/26      CNY      28.56
SHANGHAI SHIMAO CO       3.60     12/28/26      CNY      31.07
SHANGHAI SHIMAO CO       3.76     12/28/26      CNY      34.16
SHANGHAI SHIMAO CO       4.15     12/28/26      CNY      47.70
SHANGHAI SHIMAO JIA      4.80     11/11/26      CNY      14.50
SHANGHAI SHIMAO JIA      4.15     10/16/24      CNY      15.95
SHANGHAI SHIMAO JIA      4.30     11/11/24      CNY      17.00
SHANGHAI SHIMAO JIA      3.90     08/27/25      CNY      21.59
SHANGHAI SHIMAO JIA      3.90     03/25/27      CNY      26.00
SHANGHAI SHIMAO JIA      3.20     05/11/25      CNY      26.27
SHANGHAI SHIMAO JIA      3.23     03/25/25      CNY      28.00
SHANGHAI SHIMAO JIA      4.30     09/19/24      CNY      29.99
SHANGLI INVESTMENT       7.50     06/01/25      CNY      40.58
SHANGLI INVESTMENT       7.50     06/01/25      CNY      41.30
SHANGLI INVESTMENT       7.80     01/22/26      CNY      60.49
SHANGLI INVESTMENT       7.80     01/22/26      CNY      60.96
SHANGRAO CITY CONST      5.45     12/26/25      CNY      60.75
SHANGRAO GUANGXIN U      7.95     07/24/25      CNY      41.42
SHANGRAO GUANGXIN U      7.95     07/24/25      CNY      41.44
SHANTOU INVESTMENT       7.99     03/04/24      CNY      15.24
SHANTOU INVESTMENT       7.99     03/04/24      CNY      15.30
SHANWEI INVESTMENT       5.68     11/09/24      CNY      40.41
SHANWEI INVESTMENT       5.68     11/09/24      CNY      40.97
SHANXI JINZHONG STA      7.50     05/05/26      CNY      61.70
SHAODONG NEW AREA D      7.10     04/19/24      CNY      20.25
SHAODONG NEW AREA D      7.10     04/19/24      CNY      20.30
SHAOGUAN URBAN INVE      3.67     10/25/24      CNY      25.00
SHAOGUAN URBAN INVE      3.67     10/25/24      CNY      25.15
SHAOSHAN HI-TECH CO      8.00     05/02/25      CNY      40.86
SHAOSHAN HI-TECH CO      8.00     05/02/25      CNY      41.06
SHAOXING KEQIAO CIT      5.74     08/03/24      CNY      20.29
SHAOXING KEQIAO CIT      5.74     08/03/24      CNY      20.39
SHAOXING KEYAN CONS      5.88     12/04/25      CNY      61.60
SHAOYANG BAOQING IN      5.78     07/04/26      CNY      42.68
SHAOYANG CITY CONST      5.98     09/01/24      CNY      20.37
SHAOYANG CITY CONST      5.98     09/01/24      CNY      20.40
SHAOYANG SAISHUANGQ      7.20     03/26/25      CNY      40.00
SHAOYANG SAISHUANGQ      7.20     03/26/25      CNY      41.19
SHAOYANG SAISHUANGQ      8.00     11/28/25      CNY      60.00
SHAOYANG SAISHUANGQ      8.00     11/28/25      CNY      62.61
SHEHONG STATE OWNED      7.60     10/22/25      CNY      40.00
SHEHONG STATE OWNED      7.30     12/14/24      CNY      40.00
SHEHONG STATE OWNED      7.30     12/14/24      CNY      40.84
SHEHONG STATE OWNED      7.50     08/22/25      CNY      41.90
SHEHONG STATE OWNED      7.50     08/22/25      CNY      41.91
SHEHONG STATE OWNED      7.60     10/25/25      CNY      42.21
SHEHONG STATE OWNED      7.60     10/22/25      CNY      42.21
SHEHONG STATE OWNED      7.60     10/25/25      CNY      42.23
SHENGZHOU CITY CONS      4.90     08/15/26      CNY      60.67
SHENGZHOU CITY CONS      4.90     08/15/26      CNY      60.68
SHENGZHOU CITY CONS      5.18     11/04/26      CNY      61.38
SHENGZHOU INVESTMEN      5.35     07/20/24      CNY      20.22
SHENGZHOU INVESTMEN      5.35     07/20/24      CNY      20.43
SHENWU ENVIRONMENTA      9.00     03/14/19      CNY       1.50
SHENZHEN LOGAN HOLD      4.60     11/20/22      CNY      13.10
SHENZHEN LOGAN HOLD      4.90     03/25/25      CNY      18.20
SHENZHEN LOGAN HOLD      4.80     11/10/26      CNY      18.50
SHENZHEN LOGAN HOLD      4.80     11/10/26      CNY      19.00
SHENZHEN LOGAN HOLD      5.09     11/10/26      CNY      19.00
SHENZHEN LOGAN HOLD      4.70     11/10/26      CNY      19.50
SHENZHEN LOGAN HOLD      4.80     11/10/26      CNY      19.90
SHENZHEN LOGAN HOLD      4.69     11/10/26      CNY      20.50
SHENZHEN LOGAN HOLD      5.50     11/10/25      CNY      29.00
SHENZHEN LOGAN HOLD      6.50     08/05/24      CNY      29.00
SHENZHEN METRO GROU      6.75     01/24/24      CNY      15.10
SHEYANG URBAN CONST      7.80     11/27/24      CNY      40.75
SHEYANG URBAN CONST      7.80     11/27/24      CNY      40.82
SHEYANG URBAN INVES      5.33     03/14/26      CNY      61.38
SHEYANG URBAN INVES      5.33     03/14/26      CNY      61.40
SHEYANG URBAN INVES      7.39     04/12/26      CNY      62.00
SHEYANG URBAN INVES      7.39     04/12/26      CNY      62.96
SHIFANG CITY NATION      8.00     12/05/25      CNY      60.00
SHIFANG CITY NATION      8.00     12/05/25      CNY      62.26
SHIJIAZHUANG HUTUO       5.28     12/24/25      CNY      35.35
SHIJIAZHUANG HUTUO       5.28     12/24/25      CNY      35.80
SHISHOU BOYA CITY C      6.98     06/15/24      CNY      20.39
SHIYAN CITY CHENGTO      7.80     02/13/26      CNY      60.77
SHIYAN HANJIANG STA      6.40     07/10/24      CNY      20.40
SHIYAN STATE-OWNED       4.88     01/11/26      CNY      45.64
SHIYAN STATE-OWNED       4.88     01/11/26      CNY      45.67
SHIZHU TUJIA HONGSH      7.00     11/13/24      CNY      32.00
SHIZHU TUJIA HONGSH      7.00     11/13/24      CNY      40.64
SHOU COUNTY STATE-O      6.20     10/13/24      CNY      20.47
SHOU COUNTY STATE-O      6.20     10/13/24      CNY      20.48
SHUANGYASHAN DADI C      8.50     04/30/26      CNY      60.00
SHUANGYASHAN DADI C      8.50     04/30/26      CNY      63.97
SHUANGYASHAN DADI C      8.50     08/26/26      CNY      64.84
SHUANGYASHAN DADI C      8.50     08/26/26      CNY      64.85
SHUOZHOU INVESTMENT      7.50     10/23/25      CNY      41.60
SHUOZHOU INVESTMENT      7.50     10/23/25      CNY      41.96
SHUOZHOU INVESTMENT      7.80     12/25/25      CNY      61.83
SHUOZHOU INVESTMENT      7.80     12/25/25      CNY      62.54
SICHUAN CHENG'A DEV      7.50     11/06/24      CNY      20.73
SICHUAN CHENG'A DEV      7.50     11/29/24      CNY      40.00
SICHUAN CHENG'A DEV      7.25     01/28/24      CNY      40.30
SICHUAN CHENG'A DEV      7.50     11/06/24      CNY      40.73
SICHUAN CHENG'A DEV      7.50     11/29/24      CNY      40.80
SICHUAN COAL INDUST      7.70     01/09/18      CNY      45.00
SICHUAN JINCAI JINX      7.08     07/31/24      CNY      20.48
SICHUAN JINCAI JINX      7.08     07/31/24      CNY      20.48
SICHUAN LANGUANG DE      7.20     05/11/23      CNY      12.63
SICHUAN LANGUANG DE      7.20     03/11/23      CNY      12.63
SICHUAN LANGUANG DE      7.00     10/26/22      CNY      12.63
SICHUAN LANGUANG DE      7.00     09/29/22      CNY      12.63
SICHUAN LANGUANG DE      7.50     08/12/21      CNY      12.63
SICHUAN LANGUANG DE      6.50     07/29/21      CNY      12.63
SICHUAN LANGUANG DE      7.50     07/11/21      CNY      12.63
SICHUAN LANGUANG DE      7.15     03/16/23      CNY      24.00
SICHUAN LANGUANG DE      7.40     09/14/21      CNY      30.45
SICHUAN LANGUANG DE      7.50     07/23/22      CNY      42.00
SICHUAN QINBA NEWCI      6.91     07/25/24      CNY      19.95
SICHUAN QINBA NEWCI      6.68     07/07/24      CNY      20.00
SICHUAN QINBA NEWCI      6.68     07/07/24      CNY      20.06
SICHUAN QINBA NEWCI      6.91     07/25/24      CNY      20.29
SICHUAN RENSHOU XIN      7.00     06/27/24      CNY      20.34
SINO-OCEAN CAPITAL       5.30     06/10/27      CNY      42.00
SINO-OCEAN HOLDING       5.00     08/19/25      CNY      18.65
SINO-OCEAN HOLDING       4.06     09/27/26      CNY      19.06
SINO-OCEAN HOLDING       4.20     05/12/26      CNY      20.00
SINO-OCEAN HOLDING       4.76     10/19/25      CNY      20.91
SINO-OCEAN HOLDING       4.60     01/21/24      CNY      21.78
SINO-OCEAN HOLDING       5.32     03/18/25      CNY      22.25
SINO-OCEAN HOLDING       4.59     03/20/26      CNY      25.74
SINO-OCEAN HOLDING       5.50     03/20/24      CNY      27.29
SINO-OCEAN HOLDING       4.00     08/02/24      CNY      27.69
SIXIAN CITY CONSCTR      6.50     04/16/25      CNY      40.00
SIXIAN CITY CONSCTR      6.50     04/16/25      CNY      41.08
SIYANG COUNTY MINKA      7.40     07/31/24      CNY      20.52
SIYANG COUNTY MINKA      7.40     07/31/24      CNY      20.52
SIYANG JIADING INDU      7.50     04/27/25      CNY      41.35
SIYANG JIADING INDU      7.50     04/27/25      CNY      41.36
SIYANG JIADING INDU      7.50     12/14/25      CNY      62.09
SIYANG JIADING INDU      7.50     12/14/25      CNY      62.31
SUINING COUNTY RUNQ      6.78     11/02/24      CNY      20.64
SUINING COUNTY RUNQ      6.78     11/02/24      CNY      40.68
SUINING FUYUAN INDU      5.34     12/02/23      CNY      20.01
SUINING FUYUAN INDU      5.34     12/02/23      CNY      20.02
SUINING ROUGANG INV      5.65     01/24/24      CNY      20.07
SUINING ROUGANG INV      5.65     01/24/24      CNY      20.08
SUINING ROUGANG INV      6.80     08/02/24      CNY      20.42
SUINING ROUGANG INV      6.80     08/02/24      CNY      20.42
SUINING TIANTAI IND      5.98     03/28/24      CNY      20.14
SUINING TIANTAI IND      5.98     03/28/24      CNY      20.17
SUINING TIANTAI IND      6.80     11/01/24      CNY      25.73
SUINING TIANTAI IND      6.80     11/01/24      CNY      25.74
SUIZHOU DEVELOPMENT      5.70     04/07/24      CNY      20.16
SUIZHOU DEVELOPMENT      5.70     04/07/24      CNY      20.17
SUIZHOU DEVELOPMENT      5.97     09/15/24      CNY      20.34
SUIZHOU DEVELOPMENT      5.97     09/15/24      CNY      20.38
SUNAC REAL ESTATE G      5.60     12/09/26      CNY      15.02
SUNAC REAL ESTATE G      6.80     01/19/25      CNY      16.20
SUNAC REAL ESTATE G      6.80     12/09/25      CNY      28.00
SUNAC REAL ESTATE G      6.48     12/09/25      CNY      30.00
SUNAC REAL ESTATE G      4.78     12/09/25      CNY      35.55
SUNAC REAL ESTATE G      7.00     12/09/26      CNY      37.38
SUNSHINE KAIDI NEW       6.80     06/02/21      CNY       1.00
SUQIAN CITY CONSTRU      5.30     07/11/24      CNY      20.23
SUQIAN CITY CONSTRU      5.30     07/11/24      CNY      20.23
SUQIAN CITY CONSTRU      6.44     12/26/24      CNY      40.69
SUQIAN CITY CONSTRU      6.44     12/26/24      CNY      40.69
SUQIAN ECONOMIC DEV      5.40     04/20/24      CNY      20.12
SUQIAN ECONOMIC DEV      5.40     04/20/24      CNY      21.88
SUQIAN HI-TECH DEVE      6.49     10/17/25      CNY      41.62
SUQIAN HI-TECH DEVE      6.49     10/17/25      CNY      41.62
SUQIAN HUBIN XINCHE      6.85     08/02/24      CNY      20.20
SUQIAN HUBIN XINCHE      6.93     08/25/24      CNY      20.23
SUQIAN HUBIN XINCHE      6.85     08/02/24      CNY      20.45
SUQIAN HUBIN XINCHE      6.93     08/25/24      CNY      20.50
SUQIAN YUFENG INDUS      5.50     04/21/24      CNY      20.15
SUQIAN YUFENG INDUS      5.50     04/21/24      CNY      20.45
SUZHOU GAOXIN TOURI      5.20     04/11/24      CNY      50.25
SUZHOU MAANSHAN INV      6.10     08/03/24      CNY      20.32
SUZHOU MAANSHAN INV      6.10     08/03/24      CNY      20.38
SUZHOU MUDU URBAN R      4.94     04/16/24      CNY      40.29
SUZHOU MUDU URBAN R      4.94     04/16/24      CNY      40.64
SUZHOU NEW AREA CON      5.98     08/04/24      CNY      20.37
SUZHOU NEW AREA CON      5.98     08/04/24      CNY      20.40
SUZHOU WUZHONG CITY      6.50     02/01/25      CNY      40.00
SUZHOU WUZHONG CITY      5.90     11/06/24      CNY      40.46
SUZHOU WUZHONG CITY      5.90     11/06/24      CNY      40.58
SUZHOU WUZHONG CITY      6.50     02/01/25      CNY      40.95
SUZHOU WUZHONG GUOT      6.40     08/23/27      CNY      62.75
SUZHOU WUZHONG GUOT      6.40     08/23/27      CNY      63.28
TAHOE GROUP CO LTD       7.50     09/19/21      CNY       1.68
TAHOE GROUP CO LTD       7.20     05/25/21      CNY       1.68
TAHOE GROUP CO LTD       7.50     10/10/20      CNY       4.00
TAHOE GROUP CO LTD       8.50     08/02/21      CNY      10.00
TAHOE GROUP CO LTD       6.00     05/25/21      CNY      10.00
TAHOE GROUP CO LTD       7.50     08/15/20      CNY      27.00
TAIHE STATE OWN ASS      5.87     08/07/24      CNY      20.26
TAIHE STATE OWN ASS      5.87     08/07/24      CNY      20.32
TAIXING CITY CHENGX      7.60     04/24/26      CNY      60.00
TAIXING CITY CHENGX      7.60     04/04/26      CNY      60.00
TAIXING CITY CHENGX      7.80     03/05/26      CNY      60.00
TAIXING CITY CHENGX      7.60     04/04/26      CNY      63.09
TAIXING CITY CHENGX      7.80     03/05/26      CNY      63.13
TAIXING CITY CHENGX      7.60     04/24/26      CNY      63.35
TAIXING XINGHUANG I      8.50     11/15/25      CNY      59.59
TAIXING XINGHUANG I      8.50     11/15/25      CNY      62.78
TAIZHOU CITY HUANGY      6.10     08/01/24      CNY      20.37
TAIZHOU CITY HUANGY      6.10     08/01/24      CNY      20.37
TAIZHOU CITY HUANGY      6.22     09/14/24      CNY      20.44
TAIZHOU CITY HUANGY      6.22     09/14/24      CNY      20.44
TAIZHOU EAST NEW CI      5.28     01/03/26      CNY      61.07
TAIZHOU EAST NEW CI      5.28     01/03/26      CNY      61.50
TAIZHOU FENGCHENGHE      7.90     12/29/24      CNY      40.00
TAIZHOU FENGCHENGHE      7.90     12/29/24      CNY      41.08
TAIZHOU FENGCHENGHE      5.48     11/07/25      CNY      61.18
TAIZHOU FENGCHENGHE      6.58     03/28/26      CNY      61.93
TAIZHOU FENGCHENGHE      6.58     03/28/26      CNY      66.00
TAIZHOU GAOGANG HI-      5.54     06/22/24      CNY      20.19
TAIZHOU GAOGANG HI-      5.54     06/22/24      CNY      20.30
TAIZHOU HUACHENG ME      8.50     12/26/25      CNY      60.00
TAIZHOU HUACHENG ME      8.50     12/26/25      CNY      63.17
TAIZHOU XINBINJIANG      5.34     12/21/25      CNY      61.12
TAIZHOU XINBINJIANG      5.34     12/21/25      CNY      61.33
TANCHENG COUNTY CIT      7.50     04/09/26      CNY      60.00
TANCHENG COUNTY CIT      7.50     04/09/26      CNY      63.02
TANGSHAN HOLDING DE      7.60     05/16/25      CNY      39.60
TANGSHAN HOLDING DE      7.60     05/16/25      CNY      41.28
TAOYUAN COUNTY CONS      7.50     09/11/26      CNY      63.46
TAOYUAN COUNTY CONS      7.50     09/11/26      CNY      64.02
TAOYUAN COUNTY CONS      8.00     10/17/26      CNY      64.79
TAOYUAN COUNTY CONS      8.00     10/17/26      CNY      64.79
TAOYUAN COUNTY ECON      7.00     12/08/24      CNY      40.00
TAOYUAN COUNTY ECON      7.00     12/08/24      CNY      40.64
TAOYUAN COUNTY ECON      8.20     09/06/25      CNY      42.34
TAOYUAN COUNTY ECON      8.20     09/06/25      CNY      42.35
TEMPUS GROUP CO LTD      7.50     06/07/20      CNY      23.53
TENGCHONG SHIXINGBA      7.50     05/05/26      CNY      70.44
TIANGUANG ZHONGMAO       6.00     10/27/21      CNY      15.00
TIANJIN BOHAI STATE      4.10     04/18/26      CNY      42.30
TIANJIN BOHAI STATE      4.10     04/18/26      CNY      45.25
TIANJIN DONGFANG CA      6.00     07/09/25      CNY      41.09
TIANJIN METRO GROUP      4.27     10/16/25      CNY      30.20
TIANJIN METRO GROUP      4.27     10/16/25      CNY      30.22
TIANJIN RAILWAY CON      5.58     04/13/25      CNY      30.00
TIANJIN RAILWAY CON      5.58     04/13/25      CNY      30.46
TIANJIN REAL ESTATE      7.70     03/16/21      CNY      21.49
TIANJIN REAL ESTATE      4.50     09/29/20      USD      73.91
TIANJIN STATE-OWNED      1.60     12/17/39      USD      11.44
TIANJIN STATE-OWNED      1.55     12/17/29      USD      20.00
TIANJIN STATE-OWNED      0.15     12/17/26      USD      20.00
TIANMEN CITY CONSTR      3.98     11/15/23      CNY      20.00
TIANMEN CITY CONSTR      3.98     11/15/23      CNY      20.00
TONGCHENG CITY CONS      7.50     07/23/25      CNY      40.00
TONGCHENG CITY CONS      6.60     12/18/24      CNY      40.00
TONGCHENG CITY CONS      6.60     12/18/24      CNY      40.51
TONGCHENG CITY CONS      7.50     07/23/25      CNY      41.46
TONGHUA FENGYUAN IN      7.80     04/30/26      CNY      59.50
TONGHUA FENGYUAN IN      8.00     12/18/25      CNY      60.00
TONGHUA FENGYUAN IN      8.00     12/18/25      CNY      62.69
TONGHUA FENGYUAN IN      7.80     04/30/26      CNY      63.41
TONGLING CONSTRUCTI      5.77     07/31/24      CNY      20.25
TONGLING CONSTRUCTI      5.80     08/16/24      CNY      20.32
TONGLING CONSTRUCTI      5.77     07/31/24      CNY      20.36
TONGLING CONSTRUCTI      5.80     08/16/24      CNY      20.40
TONGLING STATE-OWNE      7.00     11/14/24      CNY      71.25
TONGXIANG CHONGDE I      7.88     11/29/25      CNY      61.70
TONGXIANG CHONGDE I      7.88     11/29/25      CNY      62.50
TONGXIANG INDUSTRY       5.16     05/24/26      CNY      60.00
TONGXIANG INDUSTRY       5.38     03/14/26      CNY      60.80
TONGXIANG INDUSTRY       5.16     05/24/26      CNY      61.13
TONGXIANG INDUSTRY       5.38     03/14/26      CNY      62.06
TSINGHUA UNIGROUP C      5.11     01/25/24      CNY      16.88
TSINGHUA UNIGROUP C      5.20     12/10/23      CNY      16.88
TSINGHUA UNIGROUP C      5.85     03/27/22      CNY      16.88
TSINGHUA UNIGROUP C      6.00     08/14/22      CNY      25.50
TSINGHUA UNIGROUP C      6.15     12/26/21      CNY      25.50
TSINGHUA UNIGROUP C      6.20     03/16/21      CNY      25.50
TSINGHUA UNIGROUP C      5.60     11/15/20      CNY      25.50
TUNGHSU GROUP CO LT      7.85     03/23/21      CNY       0.00
TUNGHSU GROUP CO LT      7.00     09/28/20      CNY       1.70
TUNGHSU GROUP CO LT      8.18     10/25/21      CNY      22.00
TUNGHSU OPTOELECTRO      6.80     05/19/20      CNY      15.20
URUMQI ECO TECH DEV      7.50     10/19/25      CNY      41.26
URUMQI ECO TECH DEV      7.50     10/19/25      CNY      41.26
URUMQI ECO&TECH DEV      5.32     03/15/26      CNY      60.00
URUMQI ECO&TECH DEV      5.32     03/15/26      CNY      61.52
WEICHI HOLDING GROU      6.18     07/24/24      CNY      20.00
WEICHI HOLDING GROU      6.18     07/24/24      CNY      20.34
WEICHI HOLDING GROU      7.20     04/13/25      CNY      40.00
WEICHI HOLDING GROU      7.20     04/13/25      CNY      41.42
WEIFANG BINHAI INVE      7.00     09/12/26      CNY      53.00
WEIFANG BINHAI INVE      6.50     04/26/26      CNY      58.13
WEIFANG BINHAI INVE      6.85     12/20/25      CNY      58.63
WEIFANG CAIXIN STAT      6.50     06/21/26      CNY      74.71
WEIFANG GONGXIN STA      5.00     07/13/26      CNY      45.47
WEIFANG GONGXIN STA      5.00     07/13/26      CNY      45.52
WEIHAI CENTRAL CITY      6.05     11/02/24      CNY      20.02
WEIHAI CENTRAL CITY      6.05     11/02/24      CNY      20.03
WEIHAI ECONOMIC TEC      5.80     08/23/24      CNY      20.28
WEIHAI ECONOMIC TEC      5.80     08/23/24      CNY      20.30
WEIHAI HIGH TECH UR      5.32     04/28/24      CNY      20.14
WEIHAI HIGH TECH UR      5.32     04/28/24      CNY      20.16
WEIHAI LANCHUANG CO      7.70     10/11/25      CNY      36.40
WEIHAI LANCHUANG CO      7.70     10/11/25      CNY      41.96
WEIHAI WENDENG URBA      7.70     05/02/28      CNY      69.20
WEIHAI WENDENG URBA      7.70     05/02/28      CNY      69.80
WEINAN CITY INDUSTR      7.50     04/28/26      CNY      60.00
WEINAN CITY INDUSTR      7.50     04/28/26      CNY      62.30
WENLING CITY STATE       5.73     04/19/25      CNY      40.86
WENLING CITY STATE       5.73     04/19/25      CNY      40.91
WENLING CITY STATE       5.43     11/12/25      CNY      60.67
WENLING CITY STATE       5.43     11/12/25      CNY      61.33
WENZHOU HIGH-TECH I      5.90     09/18/24      CNY      20.34
WENZHOU HIGH-TECH I      5.90     09/18/24      CNY      20.41
WENZHOU MINKE INDUS      6.44     07/18/24      CNY      20.00
WENZHOU MINKE INDUS      6.44     07/18/24      CNY      20.42
WENZHOU OUHAI ECONO      5.45     03/11/26      CNY      61.70
WENZHOU OUHAI ECONO      5.45     03/11/26      CNY      61.78
WINTIME ENERGY GROU      4.75     07/07/22      CNY      43.63
WINTIME ENERGY GROU      7.50     04/04/21      CNY      43.63
WINTIME ENERGY GROU      7.90     03/29/21      CNY      43.63
WINTIME ENERGY GROU      7.90     12/22/20      CNY      43.63
WINTIME ENERGY GROU      7.50     12/06/20      CNY      43.63
WINTIME ENERGY GROU      7.50     11/16/20      CNY      43.63
WINTIME ENERGY GROU      7.70     11/15/20      CNY      43.63
WINTIME ENERGY GROU      7.00     04/26/19      CNY      43.63
WINTIME ENERGY GROU      7.00     03/19/19      CNY      43.63
WINTIME ENERGY GROU      7.00     12/15/18      CNY      43.63
WINTIME ENERGY GROU      6.78     10/23/18      CNY      43.63
WINTIME ENERGY GROU      7.00     08/25/18      CNY      43.63
WINTIME ENERGY GROU      7.30     08/06/18      CNY      43.63
WINTIME ENERGY GROU      7.00     07/05/18      CNY      43.63
WUHAN CITY HUANPI D      5.48     04/19/24      CNY      20.13
WUHAN CITY HUANPI D      5.48     04/19/24      CNY      20.39
WUHAN HIGH-TECH HOL      5.60     09/14/27      CNY      62.73
WUHAN HIGH-TECH HOL      5.60     09/14/27      CNY      64.12
WUHAN HONGSHAN CITY      5.68     08/10/24      CNY      20.21
WUHAN HONGSHAN CITY      5.68     10/12/24      CNY      20.24
WUHAN HONGSHAN CITY      5.68     08/10/24      CNY      20.37
WUHAN HONGSHAN CITY      5.68     10/12/24      CNY      20.50
WUHAN METRO GROUP C      5.09     08/21/25      CNY      72.01
WUHAN METRO GROUP C      5.09     08/21/25      CNY      72.03
WUHAN URBAN CONSTRU      4.99     06/15/24      CNY      25.00
WUHU CONSTRUCTION I      4.58     10/25/26      CNY      61.45
WUHU CONSTRUCTION I      4.58     10/25/26      CNY      61.99
WUHU YIJU INVESTMEN      6.50     04/27/28      CNY      75.02
WUSHENG CITY INVEST      7.05     11/03/24      CNY      20.64
WUSHENG CITY INVEST      7.05     11/03/24      CNY      20.64
WUSU CITY XINGRONG       7.50     10/25/25      CNY      41.92
WUSU CITY XINGRONG       7.50     10/25/25      CNY      42.21
WUXI EAST SCIENCE &      5.73     09/14/24      CNY      20.26
WUXI EAST SCIENCE &      5.73     09/14/24      CNY      20.30
WUXI FOOD SCIENCE P      5.70     09/28/24      CNY      20.29
WUXI FOOD SCIENCE P      5.70     09/28/24      CNY      20.37
WUXI HUIJI INDUSTRY      5.27     12/07/25      CNY      61.06
WUXI HUIJI INDUSTRY      5.27     12/07/25      CNY      61.80
WUXI OUTANG ZHIJIAO      5.09     05/15/26      CNY      61.23
WUXI OUTANG ZHIJIAO      5.09     05/15/26      CNY      62.13
WUXI XIDONG NEW TOW      3.92     11/09/23      CNY      20.00
WUXI XIDONG NEW TOW      3.92     11/09/23      CNY      20.00
WUXI XIXI INDUSTRIA      5.23     04/25/26      CNY      61.31
WUXI XIXI INDUSTRIA      5.23     04/25/26      CNY      62.00
WUXUE URBAN CONSTRU      7.50     04/12/26      CNY      60.00
WUXUE URBAN CONSTRU      7.50     04/12/26      CNY      61.58
WUYANG CONSTRUCTION      7.80     09/11/20      CNY      32.48
XIAMEN ZHONGJUN IND      5.50     07/01/24      CNY      31.71
XIAN HIGH-TECH ZONE      6.49     04/25/25      CNY      41.11
XI'AN HI-TECH HOLDI      6.12     12/27/24      CNY      40.63
XI'AN HI-TECH HOLDI      6.12     12/27/24      CNY      40.74
XI'AN HI-TECH HOLDI      5.87     06/26/25      CNY      40.78
XIAN LINTONG URBAN       7.69     04/22/26      CNY      60.00
XIAN LINTONG URBAN       7.69     04/22/26      CNY      63.26
XI'AN PIONEERING PA      6.20     05/02/24      CNY      20.26
XI'AN PIONEERING PA      6.20     05/02/24      CNY      20.26
XIANGCHENG LINGWU U      7.45     11/10/24      CNY      40.00
XIANGCHENG LINGWU U      7.45     11/10/24      CNY      40.71
XIANGTAN JIUHUA ECO      5.00     07/25/26      CNY      45.37
XIANGTAN JIUHUA ECO      5.00     07/25/26      CNY      45.83
XIANGXIANG CITY DON      6.20     08/03/24      CNY      20.35
XIANGXIANG CITY DON      6.20     08/03/24      CNY      20.36
XIANGXIANG URBAN CO      7.50     10/27/24      CNY      20.71
XIANGXIANG URBAN CO      7.50     10/27/24      CNY      20.71
XIANGYANG CITY HOUS      6.10     12/15/24      CNY      40.73
XIANGYANG CITY HOUS      6.10     12/15/24      CNY      41.00
XIANGYANG HIGH TECH      6.25     06/12/24      CNY      20.31
XIANGYANG HIGH TECH      6.25     06/12/24      CNY      20.38
XIANGYANG STATE-OWN      6.10     07/19/24      CNY      20.00
XIANGYANG STATE-OWN      6.10     07/19/24      CNY      20.23
XIANNING CITY CONST      5.99     07/27/27      CNY      60.00
XIANNING CITY CONST      6.40     06/13/26      CNY      60.00
XIANNING CITY CONST      5.99     07/27/27      CNY      62.42
XIANNING CITY CONST      6.40     06/13/26      CNY      62.57
XIANNING HIGH-TECH       6.60     06/01/27      CNY      41.75
XIANNING HIGH-TECH       6.60     06/01/27      CNY      41.77
XIAOGAN URBAN CONST      6.35     11/10/27      CNY      70.00
XIAOGAN URBAN CONST      6.35     11/10/27      CNY      73.15
XIFENG COUNTY URBAN      8.00     03/14/26      CNY      57.32
XIFENG COUNTY URBAN      8.00     03/14/26      CNY      60.00
XINCHANG INDUSTRIAL      6.00     07/26/26      CNY      61.71
XINFENG COUNTY URBA      7.80     12/05/25      CNY      60.00
XINFENG COUNTY URBA      7.80     12/05/25      CNY      61.83
XINFENG COUNTY URBA      7.80     04/16/26      CNY      61.88
XINFENG COUNTY URBA      7.80     04/16/26      CNY      62.10
XINGYI XINHENG URBA      7.90     01/31/25      CNY      40.00
XINGYI XINHENG URBA      7.90     01/31/25      CNY      40.32
XINGYI XINHENG URBA      8.00     11/21/25      CNY      59.80
XINGYI XINHENG URBA      8.00     11/21/25      CNY      60.81
XINJIANG UYGUR AR H      6.55     10/27/24      CNY      20.54
XINJIANG UYGUR AR H      6.55     10/27/24      CNY      40.69
XINPING URBAN DEVEL      7.70     01/24/26      CNY      62.35
XINYI CITY INVESTME      6.99     12/21/25      CNY      60.95
XINYI ECONOMIC DEVE      6.66     09/27/24      CNY      20.42
XINYI ECONOMIC DEVE      6.66     09/27/24      CNY      20.42
XINYI URBAN TRANSPO      5.35     04/24/24      CNY      20.19
XINYI URBAN TRANSPO      5.35     04/24/24      CNY      20.20
XINYU CITY YUSHUI D      7.50     09/24/26      CNY      63.08
XIPING COUNTY INDUS      7.50     12/26/24      CNY      40.00
XIPING COUNTY INDUS      7.50     12/26/24      CNY      40.90
XISHUI COUNTY FENGZ      6.52     07/28/24      CNY      20.40
XIUSHAN HUAXING ENT      7.50     09/25/25      CNY      41.70
XIUSHAN HUAXING ENT      7.50     09/25/25      CNY      41.70
XIWANG GROUP CO LTD      7.80     12/03/22      CNY      49.94
XIXIA COUNTY CAIHE       6.80     09/23/26      CNY      61.86
XIXIA COUNTY CAIHE       6.80     09/23/26      CNY      62.82
XIXIAN NEW DISTRICT      6.99     12/31/25      CNY      61.59
XUCHANG GENERAL INV      5.74     08/17/24      CNY      20.26
XUZHOU CITY JIAWANG      7.98     05/06/26      CNY      60.50
XUZHOU CITY JIAWANG      7.88     01/28/26      CNY      60.58
XUZHOU CITY JIAWANG      7.88     01/28/26      CNY      60.95
XUZHOU CITY JIAWANG      7.98     05/06/26      CNY      61.60
YAN'AN NEW CITY CON      5.60     04/21/24      CNY      20.11
YANBIAN ERTAN WATER      6.50     04/28/27      CNY      63.30
YANCHENG GUANDONG E      6.42     05/16/24      CNY      20.29
YANCHENG GUANDONG E      6.42     05/16/24      CNY      20.34
YANCHENG SOUTH DIST      6.00     03/19/25      CNY      40.82
YANCHENG SOUTH DIST      4.54     06/26/26      CNY      60.23
YANCHENG SOUTH DIST      4.54     06/26/26      CNY      62.35
YANGLING URBAN RURA      7.80     06/19/26      CNY      60.00
YANGLING URBAN RURA      7.80     02/20/26      CNY      60.00
YANGLING URBAN RURA      7.80     02/20/26      CNY      62.53
YANGLING URBAN RURA      7.80     06/19/26      CNY      63.22
YANGO GROUP CO LTD       6.90     01/22/26      CNY       4.10
YANGO GROUP CO LTD       6.67     10/14/25      CNY       5.00
YANGO GROUP CO LTD       6.95     04/24/24      CNY       5.00
YANGO GROUP CO LTD       7.00     08/24/24      CNY       6.20
YANGO GROUP CO LTD       7.30     04/24/25      CNY      10.00
YANGO GROUP CO LTD       7.30     07/12/25      CNY      11.17
YANGXIN TOWN CONSTR      6.50     04/26/24      CNY      20.21
YANGXIN TOWN CONSTR      6.50     04/26/24      CNY      20.24
YANGZHOU ECONOMIC &      5.28     07/06/24      CNY      20.23
YANGZHOU ECONOMIC &      5.28     07/06/24      CNY      20.48
YANGZHOU NEW MATERI      6.80     10/09/24      CNY      20.55
YANGZHOU NEW MATERI      6.80     10/09/24      CNY      20.64
YIBIN CUIPING DISTR      5.17     03/28/26      CNY      61.14
YIBIN CUIPING DISTR      5.17     03/28/26      CNY      61.61
YIBIN NANXI CAIYUAN      8.10     07/24/25      CNY      40.00
YIBIN NANXI CAIYUAN      8.10     07/24/25      CNY      41.56
YIBIN NANXI CAIYUAN      8.10     11/28/25      CNY      60.00
YIBIN NANXI CAIYUAN      8.10     11/28/25      CNY      61.99
YICHANG CHUANGYUAN       7.80     11/06/25      CNY      41.82
YICHANG HIGH-TECH I      6.10     05/18/24      CNY      20.20
YICHANG HIGH-TECH I      6.10     05/18/24      CNY      20.20
YICHANG WUJIA NEW C      6.50     04/20/24      CNY      20.20
YICHANG WUJIA NEW C      6.50     04/20/24      CNY      20.25
YICHUAN CAIYUAN IND      6.15     06/12/26      CNY      61.60
YICHUAN CAIYUAN IND      6.15     06/12/26      CNY      63.00
YICHUN VENTURE CAPI      6.97     06/10/26      CNY      62.20
YICHUN VENTURE CAPI      6.97     06/10/26      CNY      63.09
YICHUN YUANZHOU STA      7.20     03/08/26      CNY      60.00
YICHUN YUANZHOU STA      7.20     03/08/26      CNY      62.38
YIDU GUOTONG INVEST      7.00     01/17/26      CNY      61.66
YIDU GUOTONG INVEST      7.00     01/17/26      CNY      62.00
YIHUA LIFESTYLE TEC      6.88     07/23/20      CNY      35.00
YIHUA LIFESTYLE TEC      6.88     07/16/20      CNY      35.90
YINCHUAN NEW HI TEC      7.00     09/26/26      CNY      62.87
YINCHUAN NEW HI TEC      7.00     09/26/26      CNY      62.87
YINGCHENG CITY PUYA      6.50     04/14/24      CNY      20.19
YINGCHENG CITY PUYA      6.50     04/14/24      CNY      20.19
YINGKOU BEIHAI NEW       7.19     07/12/24      CNY      20.38
YINGKOU BEIHAI NEW       7.19     07/12/24      CNY      20.38
YINGKOU BEIHAI NEW       7.98     01/25/25      CNY      40.00
YINGKOU BEIHAI NEW       7.98     01/25/25      CNY      41.00
YINGKOU ECO & TECH       6.98     04/19/24      CNY      20.28
YINGKOU ECO & TECH       6.98     04/19/24      CNY      20.29
YINGSHANG COUNTY SH      6.80     08/06/26      CNY      62.51
YINGSHANG COUNTY SH      6.80     08/06/26      CNY      62.52
YINGTAN JUNENG INVE      8.00     05/06/26      CNY      60.00
YINGTAN JUNENG INVE      8.00     05/06/26      CNY      61.45
YIWU CITY CONSTRUCT      5.48     08/18/24      CNY      20.24
YIWU CITY CONSTRUCT      5.48     08/18/24      CNY      20.39
YIYANG COUNTY CITY       7.50     06/07/25      CNY      40.00
YIYANG COUNTY CITY       7.50     06/07/25      CNY      41.53
YIYANG COUNTY CITY       7.90     11/05/25      CNY      41.73
YIYANG COUNTY CITY       7.90     11/05/25      CNY      62.45
YIYANG LONGLING CON      7.60     01/23/26      CNY      60.30
YIYANG LONGLING CON      7.60     01/23/26      CNY      61.58
YIYANG PROVINCE ARE      5.16     11/23/23      CNY      20.01
YIYANG PROVINCE ARE      5.16     11/23/23      CNY      20.02
YIYANG URBAN CONSTR      6.43     04/24/25      CNY      40.85
YIYANG URBAN CONSTR      6.43     04/24/25      CNY      41.28
YIYUAN HONGDING ASS      7.50     08/17/25      CNY      41.26
YIYUAN HONGDING ASS      7.50     08/17/25      CNY      41.76
YIZHANG XINGYI CONS      5.49     09/02/24      CNY      25.35
YIZHANG XINGYI CONS      5.49     09/02/24      CNY      25.35
YIZHENG ECONOMY DEV      6.77     08/22/24      CNY      20.55
YIZHENG ZHONGXIN CO      5.38     12/20/25      CNY      61.34
YIZHENG ZHONGXIN CO      5.38     12/20/25      CNY      61.46
YONG ZHOU CITY DEVE      5.30     07/13/24      CNY      20.23
YONGAN STATE-OWNED       8.50     11/26/25      CNY      60.00
YONGAN STATE-OWNED       8.50     11/26/25      CNY      62.14
YONGCHENG COAL & EL      7.50     02/02/21      CNY      39.88
YONGXING YINDU INVE      6.93     07/07/24      CNY      20.00
YONGXING YINDU INVE      6.93     07/07/24      CNY      20.26
YONGXING YINDU INVE      6.50     08/14/24      CNY      20.41
YONGXING YINDU INVE      6.50     08/14/24      CNY      20.41
YONGXIU CITY CONSTR      7.50     05/02/25      CNY      40.00
YONGXIU CITY CONSTR      7.80     08/27/25      CNY      41.14
YONGXIU CITY CONSTR      7.50     05/02/25      CNY      41.17
YONGXIU CITY CONSTR      7.80     08/27/25      CNY      41.74
YOUYANG COUNTY TAOH      7.50     09/28/25      CNY      42.00
YOUYANG COUNTY TAOH      7.50     09/28/25      CNY      42.00
YUANJIANG CITY CONS      7.50     01/18/26      CNY      62.18
YUANJIANG CITY CONS      7.50     01/18/26      CNY      62.18
YUANLING CHENZHOU I      6.50     09/20/24      CNY      20.38
YUANLING CHENZHOU I      6.50     09/20/24      CNY      20.38
YUANLING CHENZHOU I      6.50     11/30/24      CNY      40.00
YUANLING CHENZHOU I      6.50     11/30/24      CNY      40.46
YUDU ZHENXING INVES      7.50     05/03/25      CNY      40.49
YUDU ZHENXING INVES      7.50     05/03/25      CNY      41.10
YUEQING CITY STATE       6.79     12/14/24      CNY      40.96
YUEYANG CITY JUNSHA      7.96     04/23/26      CNY      60.00
YUEYANG CITY JUNSHA      7.96     04/23/26      CNY      63.12
YUEYANG HUIHUA URBA      5.78     04/18/24      CNY      20.13
YUEYANG HUIHUA URBA      5.78     04/18/24      CNY      20.17
YUEYANG HUIHUA URBA      5.96     07/26/24      CNY      20.27
YUEYANG HUIHUA URBA      5.96     07/26/24      CNY      20.30
YUEYANG URBAN CONST      4.80     01/27/26      CNY      45.44
YUEYANG URBAN CONST      4.80     01/27/26      CNY      45.82
YUEYANG YUNXI CITY       5.18     11/21/23      CNY      19.98
YUHUAN COUNTY STATE      4.98     09/03/26      CNY      61.38
YUHUAN COUNTY STATE      6.45     11/23/25      CNY      61.95
YUNCHENG SHUIHU CIT      4.54     11/21/23      CNY      20.00
YUNCHENG SHUIHU CIT      4.54     11/21/23      CNY      20.00
YUNCHENG URBAN CONS      6.30     08/29/24      CNY      20.34
YUNCHENG URBAN CONS      6.30     08/29/24      CNY      20.42
YUNYANG RENHE INVES      7.49     05/04/25      CNY      41.40
YUNYANG RENHE INVES      7.49     05/04/25      CNY      41.47
YUSHAN INVESTMENT H      6.50     08/09/26      CNY      61.59
YUSHAN INVESTMENT H      7.00     04/22/26      CNY      61.86
YUTAI XINDA ECONOMI      7.50     04/10/26      CNY      60.20
YUTAI XINDA ECONOMI      7.50     04/10/26      CNY      63.09
ZHANGJIAGANG ECONOM      5.27     12/13/25      CNY      61.27
ZHANGJIAJIE ECONOMI      6.47     07/24/27      CNY      57.30
ZHANGJIAJIE ECONOMI      6.47     07/24/27      CNY      60.33
ZHANGJIAJIE LOULI T      7.50     03/26/26      CNY      62.49
ZHANGJIAJIE LOULI T      7.50     03/26/26      CNY      62.49
ZHANGJIAKOU CONSTRU      4.47     10/15/26      CNY      61.00
ZHANGJIAKOU CONSTRU      4.47     10/15/26      CNY      61.16
ZHANGZHOU LONGHAI S      7.47     07/22/26      CNY      60.00
ZHANGZHOU LONGHAI S      7.35     01/28/26      CNY      60.46
ZHANGZHOU LONGHAI S      7.35     01/28/26      CNY      62.51
ZHANGZHOU LONGHAI S      7.47     07/22/26      CNY      63.01
ZHANGZI NATIONAL OW      7.50     10/18/26      CNY      63.53
ZHANGZI NATIONAL OW      7.50     10/18/26      CNY      63.53
ZHAODONG DONGSHENG       6.50     01/20/24      CNY      20.09
ZHAODONG DONGSHENG       6.50     01/20/24      CNY      20.09
ZHEJIANG CHANGXING       7.50     05/16/26      CNY      60.00
ZHEJIANG CHANGXING       7.50     12/26/25      CNY      60.00
ZHEJIANG CHANGXING       7.50     12/26/25      CNY      62.23
ZHEJIANG CHANGXING       7.50     05/16/26      CNY      62.78
ZHEJIANG GUOXING IN      4.68     08/29/26      CNY      60.91
ZHEJIANG GUOXING IN      5.05     06/14/26      CNY      61.45
ZHEJIANG GUOXING IN      4.68     08/29/26      CNY      61.48
ZHEJIANG GUOXING IN      5.05     06/14/26      CNY      62.15
ZHEJIANG HANGZHOU Q      5.99     06/30/24      CNY      20.28
ZHEJIANG HANGZHOU Q      5.99     06/30/24      CNY      20.29
ZHEJIANG HUISHENG I      4.49     03/15/24      CNY      25.02
ZHEJIANG HUISHENG I      4.49     03/15/24      CNY      25.02
ZHEJIANG HUZHOU NAN      7.40     03/12/26      CNY      60.00
ZHEJIANG TIANTAI ST      6.50     11/22/24      CNY      40.53
ZHEJIANG TIANTAI ST      6.50     11/22/24      CNY      41.34
ZHEJIANG WUYI CITY       8.00     08/10/25      CNY      42.03
ZHEJIANG WUYI CITY       8.00     08/10/25      CNY      42.10
ZHEJIANG WUYI CITY       8.00     12/21/25      CNY      60.00
ZHEJIANG WUYI CITY       8.00     12/21/25      CNY      62.73
ZHENGZHOU GENERAL A      5.98     06/27/24      CNY      20.00
ZHENGZHOU GENERAL A      5.98     06/27/24      CNY      20.21
ZHENGZHOU GENERAL A      5.80     10/18/24      CNY      20.32
ZHENGZHOU GENERAL A      5.80     10/18/24      CNY      20.44
ZHENGZHOU PUBLIC HO      4.93     10/31/26      CNY      61.27
ZHENGZHOU PUBLIC HO      4.93     10/31/26      CNY      61.30
ZHENJIANG DANTU DIS      5.98     11/06/24      CNY      20.49
ZHENJIANG DANTU DIS      5.98     11/06/24      CNY      40.43
ZHENRO REAL ESTATE       5.45     09/14/24      CNY      25.40
ZHIJIANG WANYUN COM      7.00     08/29/24      CNY      25.65
ZHONGSHAN TORCH DEV      5.79     03/23/24      CNY      20.15
ZHONGXIANG CITY CON      6.50     09/01/24      CNY      20.47
ZHONGXIANG CITY CON      6.50     09/01/24      CNY      20.51
ZHONGXIANG CITY CON      7.50     07/05/26      CNY      60.00
ZHONGXIANG CITY CON      7.50     07/05/26      CNY      61.33
ZHOUSHAN CITY INVES      6.33     04/04/25      CNY      41.07
ZHOUSHAN CITY INVES      6.33     04/04/25      CNY      41.30
ZHOUSHAN CITY INVES      5.94     10/22/25      CNY      41.55
ZHOUSHAN CITY INVES      5.94     10/22/25      CNY      41.98
ZHOUSHAN COMMUNICAT      5.34     04/28/26      CNY      60.00
ZHOUSHAN COMMUNICAT      5.34     04/28/26      CNY      61.82
ZHOUSHAN ISLANDS NE      7.00     09/25/26      CNY      58.45
ZHOUSHAN ISLANDS NE      7.00     09/25/26      CNY      58.64
ZHOUSHAN ISLANDS NE      7.50     01/30/27      CNY      70.00
ZHOUSHAN ISLANDS NE      7.50     01/30/27      CNY      74.82
ZHOUSHAN JINJIAN IN      6.50     10/23/26      CNY      60.00
ZHOUSHAN JINJIAN IN      6.80     07/24/26      CNY      60.00
ZHOUSHAN JINJIAN IN      6.80     07/24/26      CNY      63.08
ZHOUSHAN JINJIAN IN      6.50     10/23/26      CNY      63.18
ZHOUSHAN LIUHENG ST      6.50     09/12/26      CNY      62.98
ZHOUSHAN LIUHENG ST      6.50     09/12/26      CNY      62.99
ZHOUSHAN PUTUO DIST      6.30     03/21/27      CNY      70.00
ZHOUSHAN PUTUO DIST      6.60     01/25/27      CNY      70.00
ZHOUSHAN PUTUO DIST      6.30     03/21/27      CNY      73.86
ZHOUSHAN PUTUO DIST      6.60     01/25/27      CNY      73.94
ZHUCHENG ECONOMIC D      5.37     07/12/24      CNY      20.01
ZHUCHENG ECONOMIC D      5.37     07/12/24      CNY      20.23
ZHUJI STATE-OWNED A      5.34     06/28/24      CNY      20.21
ZHUJI STATE-OWNED A      5.23     07/18/24      CNY      20.21
ZHUJI STATE-OWNED A      5.23     07/18/24      CNY      20.32
ZHUJI STATE-OWNED A      5.34     06/28/24      CNY      22.50
ZHUZHOU HI-TECH AUT      8.00     08/14/25      CNY      52.69
ZHUZHOU LUSONG STAT      7.00     01/30/25      CNY      40.92
ZHUZHOU LVXIANG INV      7.09     08/16/24      CNY      20.49
ZHUZHOU LVXIANG INV      7.09     08/16/24      CNY      20.54
ZHUZHOU RAILWAY IND      7.50     09/25/24      CNY      20.43
ZHUZHOU XIANGJIAN I      6.40     08/09/24      CNY      20.32
ZHUZHOU XIANGJIAN I      6.40     08/09/24      CNY      20.48
ZIBO BANYANG CITY U      6.80     07/11/26      CNY      62.90
ZIBO BANYANG CITY U      6.80     07/11/26      CNY      62.90
ZIBO BOSHAN STATE O      5.63     03/29/24      CNY      20.08
ZIBO BOSHAN STATE O      5.63     03/29/24      CNY      20.10
ZIBO HIGH TECH CITY      5.28     08/10/24      CNY      20.22
ZIBO HIGH TECH CITY      5.28     08/10/24      CNY      20.23
ZIBO HIGH TECH CITY      5.03     04/03/26      CNY      61.35
ZIGUI COUNTY CHUYUA      7.08     08/14/27      CNY      63.46
ZIGUI COUNTY CHUYUA      7.08     08/14/27      CNY      63.46
ZIGUI COUNTY CHUYUA      7.80     02/12/28      CNY      70.00
ZIXING CHENGCHENG I      6.20     03/16/24      CNY      20.17
ZIXING CHENGCHENG I      6.20     03/16/24      CNY      20.17
ZIXING CHENGCHENG I      6.18     08/09/24      CNY      20.34
ZIXING CHENGCHENG I      6.18     08/09/24      CNY      20.38
ZIXING CITY DEVELOP      6.00     05/03/24      CNY      20.16
ZIXING CITY DEVELOP      6.00     05/03/24      CNY      20.16
ZIXING CITY DEVELOP      6.30     09/26/24      CNY      20.34
ZIXING CITY DEVELOP      6.30     09/26/24      CNY      20.34
ZIYANG KAILI INVEST      8.00     02/14/26      CNY      56.82
ZONGYANG INVESTMENT      5.85     04/25/24      CNY      20.00
ZONGYANG INVESTMENT      5.85     04/25/24      CNY      20.25
ZUNYI BOZHOU URBAN       7.85     10/24/24      CNY      19.55
ZUNYI BOZHOU URBAN       7.85     10/24/24      CNY      19.98
ZUNYI BOZHOU URBAN       6.60     07/06/24      CNY      20.37
ZUNYI BOZHOU URBAN       6.60     07/06/24      CNY      20.38
ZUNYI CITY XIANGJIA      6.99     09/25/24      CNY      20.56
ZUNYI CITY XIANGJIA      6.99     09/25/24      CNY      20.56
ZUNYI ECONOMIC DEVE      7.48     08/17/24      CNY      20.55
ZUNYI ECONOMIC DEVE      7.48     08/17/24      CNY      20.55
ZUNYI HONGHUAGANG D      6.98     07/25/24      CNY      20.38
ZUNYI HONGHUAGANG D      6.98     07/25/24      CNY      20.38
ZUNYI NEW DISTRICT       5.99     04/07/26      CNY      28.11
ZUNYI NEW DISTRICT       5.99     04/07/26      CNY      28.23
ZUNYI ROAD & BRIDGE      8.00     05/08/29      CNY      72.53
ZUNYI TRAFFIC TRAVE      7.70     09/27/27      CNY      62.42
ZUNYI TRAFFIC TRAVE      7.70     09/27/27      CNY      64.35
ZUNYI URBAN CONSTRU      7.50     05/20/24      CNY      40.01


   HONG KONG
   ---------

AIA GROUP LTD            3.20     09/16/40      USD      66.55
AIA GROUP LTD            3.20     09/16/40      USD      66.63
AIRPORT AUTHORITY        2.63     02/04/51      USD      59.25
AIRPORT AUTHORITY        2.63     02/04/51      USD      59.31
AIRPORT AUTHORITY        3.25     01/12/52      USD      65.98
AIRPORT AUTHORITY        3.25     01/12/52      USD      66.05
AIRPORT AUTHORITY        3.50     01/12/62      USD      66.07
AIRPORT AUTHORITY        3.50     01/12/62      USD      66.14
CHINA PING AN INSUR      2.85     08/12/31      USD      72.95
CHINA SOUTH CITY HO      9.00     12/11/24      USD      35.29
CHINA SOUTH CITY HO      9.00     10/09/24      USD      36.17
CHINA SOUTH CITY HO      9.00     06/26/24      USD      37.92
CHINA SOUTH CITY HO      9.00     07/20/24      USD      40.10
CHINA SOUTH CITY HO      9.00     04/12/24      USD      44.03
CNAC HK FINBRIDGE C      3.70     09/22/50      USD      59.63
CNAC HK FINBRIDGE C      4.75     06/19/49      USD      72.89
DR PENG HOLDING HON      2.50     12/01/25      USD      41.97
GEMDALE EVER PROSPE      4.95     08/12/24      USD      21.42
GLP CHINA HOLDINGS       2.95     03/29/26      USD      50.46
GLP CHINA HOLDINGS       4.00     07/02/24      CNY      67.29
GLP CHINA HOLDINGS       4.40     05/02/27      CNY      67.50
GLP CHINA HOLDINGS       4.40     04/22/26      CNY      69.00
GLP CHINA HOLDINGS       4.35     04/09/27      CNY      71.11
GLP CHINA HOLDINGS       4.40     03/25/24      CNY      74.12
HAINAN AIRLINES HON     12.00     10/29/21      USD       1.88
HKCG FINANCE LTD         2.57     06/29/50      HKD      55.91
HKCG FINANCE LTD         2.57     05/26/50      HKD      55.97
HKCG FINANCE LTD         2.94     10/28/49      HKD      61.42
HKCG FINANCE LTD         2.94     10/18/49      HKD      61.43
HKCG FINANCE LTD         3.69     06/19/48      HKD      72.40
HNA GROUP INTERNATI      6.25     10/05/21      USD       1.00
HONG KONG GOVERNMEN      1.59     03/04/36      HKD      74.26
HONG KONG GOVERNMEN      2.38     02/02/51      USD      58.00
HONG KONG GOVERNMEN      2.38     02/02/51      USD      58.09
HONG KONG GOVERNMEN      1.00     11/24/41      EUR      59.46
HONG KONG MORTGAGE       2.65     07/26/49      HKD      59.90
HONG KONG MORTGAGE       2.98     04/02/49      HKD      63.90
HONG KONG MORTGAGE       3.15     03/19/49      HKD      66.26
HONG KONG MORTGAGE       3.15     02/26/49      HKD      67.22
HONG KONG MORTGAGE       3.00     01/23/45      HKD      68.64
HONG KONG MORTGAGE       3.15     03/17/45      HKD      70.36
HONGKONG IDEAL INVE     14.75     10/08/22      USD       2.78
LAI SUN MTN LTD          5.00     07/28/26      USD      43.33
MTR CORP LTD             2.55     06/24/55      HKD      58.60
MTR CORP LTD             2.88     07/27/46      USD      61.07
MTR CORP LTD             3.38     06/28/47      USD      66.65
MTR CORP LTD             3.38     09/27/47      USD      67.16
MTR CORP LTD             3.38     06/13/46      USD      67.34
MTR CORP LTD             2.98     07/17/47      HKD      68.77
MTR CORP LTD             3.65     06/17/43      USD      73.52
PINGAN REAL ESTATE       3.45     07/29/26      USD      53.22
VANKE REAL ESTATE H      3.50     11/12/29      USD      42.51
VANKE REAL ESTATE H      3.98     11/09/27      USD      49.46
VANKE REAL ESTATE H      3.55     06/08/25      CNY      63.59
VANKE REAL ESTATE H      3.15     05/12/25      USD      66.19
XIAOMI BEST TIME IN      4.10     07/14/51      USD      57.46
XIAOMI BEST TIME IN      4.10     07/14/51      USD      57.61
XIAOMI BEST TIME IN      2.88     07/14/31      USD      74.73
XIAOMI BEST TIME IN      2.88     07/14/31      USD      75.31
YANGO JUSTICE INTER      9.25     04/15/23      USD       0.44
YANGO JUSTICE INTER      7.50     02/17/25      USD       0.65
YANGO JUSTICE INTER      8.25     11/25/23      USD       0.79
YANGO JUSTICE INTER     10.00     02/12/23      USD       0.83
YANGO JUSTICE INTER     10.25     09/15/22      USD       0.91
YANGO JUSTICE INTER     10.25     03/18/22      USD       1.00
YANGO JUSTICE INTER      7.88     09/04/24      USD       1.22
YANGO JUSTICE INTER      5.30     01/11/22      USD       1.34
YANGO JUSTICE INTER      7.50     04/15/24      USD       1.39
YANLORD LAND HK CO       5.13     05/20/26      USD      49.56
ZENSUN ENTERPRISES      12.50     09/13/23      USD      39.31
ZENSUN ENTERPRISES      12.50     04/23/24      USD      39.77


   INDONESIA
   ---------

BERAU COAL ENERGY T      2.00     10/15/28      USD      26.74
BERAU COAL ENERGY T      2.00     10/15/28      USD      26.74
DELTA MERLIN DUNIA       2.50     06/26/28      USD      24.35
GARUDA INDONESIA PE      6.50     12/28/31      USD      34.50
GARUDA INDONESIA PE      6.50     12/28/31      USD      37.04
INDOFOOD CBP SUKSES      4.75     06/09/51      USD      69.37
INDOFOOD CBP SUKSES      4.81     04/27/52      USD      69.85
INDONESIA GOVERNMEN      3.20     09/23/61      USD      59.78
INDONESIA GOVERNMEN      3.35     03/12/71      USD      60.18
INDONESIA GOVERNMEN      3.05     03/12/51      USD      63.93
INDONESIA GOVERNMEN      3.50     02/14/50      USD      67.65
INDONESIA GOVERNMEN      3.70     10/30/49      USD      70.24
INDONESIA GOVERNMEN      1.30     03/23/34      EUR      71.68
INDONESIA GOVERNMEN      1.10     03/12/33      EUR      72.43
INDONESIA GOVERNMEN      4.20     10/15/50      USD      76.18
INDONESIA GOVERNMEN      4.45     04/15/70      USD      76.43
KAWASAN INDUSTRI JA      7.00     12/15/27      USD      71.73
KAWASAN INDUSTRI JA      7.00     12/15/27      USD      72.54
PERTAMINA PERSERO P      4.15     02/25/60      USD      65.83
PERTAMINA PERSERO P      4.15     02/25/60      USD      65.90
PERTAMINA PERSERO P      4.18     01/21/50      USD      69.18
PERTAMINA PERSERO P      4.18     01/21/50      USD      69.53
PERTAMINA PERSERO P      4.70     07/30/49      USD      75.19
PERTAMINA PERSERO P      4.70     07/30/49      USD      75.23
PERUSAHAAN PENERBIT      3.55     06/09/51      USD      67.33
PERUSAHAAN PENERBIT      3.55     06/09/51      USD      67.64
PERUSAHAAN PENERBIT      3.80     06/23/50      USD      70.46
PERUSAHAAN PENERBIT      3.80     06/23/50      USD      70.74
PERUSAHAAN PERSEROA      4.00     06/30/50      USD      63.96
PERUSAHAAN PERSEROA      4.00     06/30/50      USD      64.00
PERUSAHAAN PERSEROA      4.38     02/05/50      USD      67.74
PERUSAHAAN PERSEROA      4.38     02/05/50      USD      67.88
PERUSAHAAN PERSEROA      4.88     07/17/49      USD      73.69
PERUSAHAAN PERSEROA      4.88     07/17/49      USD      73.75
SRI REJEKI ISMAN TB      7.25     01/16/25      USD       3.09
SRI REJEKI ISMAN TB      7.25     01/16/25      USD       3.32


   INDIA
   -----

ABELLON CO-GEN LTD       0.10     03/31/28      INR      71.36
ADANI ELECTRICITY M      3.87     07/22/31      USD      67.00
ADANI ELECTRICITY M      3.87     07/22/31      USD      67.36
ADANI ELECTRICITY M      3.95     02/12/30      USD      71.63
ADANI ELECTRICITY M      3.95     02/12/30      USD      72.15
ADANI INTERNATIONAL      3.00     02/16/31      USD      73.63
ADANI INTERNATIONAL      3.00     02/16/31      USD      73.77
ADANI PORTS & SPECI      5.00     08/02/41      USD      61.30
ADANI PORTS & SPECI      5.00     08/02/41      USD      61.84
ADANI PORTS & SPECI      3.10     02/02/31      USD      66.38
ADANI PORTS & SPECI      3.10     02/02/31      USD      66.49
ADANI PORTS & SPECI      3.83     02/02/32      USD      66.66
ADANI PORTS & SPECI      3.83     02/02/32      USD      66.67
ADANI RENEWABLE ENE      4.63     10/15/39      USD      70.51
ADANI RENEWABLE ENE      4.63     10/15/39      USD      70.67
ADANI SOLAR ENERGY       0.01     08/16/43      INR      19.06
ADANI TRANSMISSION       4.25     05/21/36      USD      71.94
ADANI TRANSMISSION       4.25     05/21/36      USD      71.95
ALANKRIT ESTATES LT      0.01     10/20/32      INR      47.80
AMPSOLAR SOLUTION P      0.01     11/03/37      INR      32.65
AMPSOLAR SOLUTION P      0.01     10/27/37      INR      32.70
AMRELI POWER PROJEC      0.10     03/31/28      INR      71.36
ANSR GLOBAL CORP PV      4.00     02/12/30      INR      71.88
APG HABITAT PVT LTD      1.00     09/09/28      INR      69.84
APG INTELLI HOMES P      1.25     02/04/35      INR      48.27
APG INTELLI HOMES P      1.25     02/04/35      INR      48.80
ARCHEAN CHEMICAL IN      0.01     11/22/28      INR      64.53
ARVIND SMARTHOMES P      3.00     11/22/30      INR      65.49
ARVIND SMARTHOMES P      3.00     02/22/33      INR      69.66
ASSETS CARE & RECON      2.05     04/30/31      INR      66.34
ASSETS CARE & RECON      1.00     03/30/29      INR      68.86
ASSETS CARE & RECON      2.00     03/31/30      INR      69.60
ASSETS CARE & RECON      2.00     03/30/29      INR      73.18
ASSETS CARE & RECON      2.00     03/30/29      INR      73.18
AUTOMOTIVE EXCHANGE      4.00     10/11/30      INR      61.85
AUTOMOTIVE EXCHANGE      4.00     06/01/30      INR      62.47
BANSAL PATHWAYS NRR      0.01     01/30/37      INR      32.44
BAXY LTD                 0.10     07/19/33      INR      45.31
BENGAL AEROTROPOLIS      5.00     12/01/30      INR      73.83
BHAGERIA & JAJODIA       0.01     12/01/32      INR      48.02
BHAVNAGAR BIOMASS P      0.10     03/31/28      INR      68.10
BIG SHOT INFRA FACI      0.01     02/23/28      INR      67.11
BIG SHOT INFRA FACI      0.01     07/18/27      INR      70.66
BIG SHOT INFRA FACI      0.01     06/30/27      INR      70.96
BIG SHOT INFRA FACI      0.01     05/20/27      INR      71.66
BIG SHOT INFRA FACI      0.01     04/20/27      INR      72.18
BODY CUPID PVT LTD       0.01     03/31/31      INR      54.41
BREEZE CONSTRUCTION      0.01     06/29/30      INR      55.03
BRITANNIA INDUSTRIE      5.50     06/03/24      INR      28.62
BROIL SOLAR ENERGY       0.01     09/05/31      INR      50.19
BS ISPAT LTD             0.10     11/30/32      INR      46.92
CASTEX TECHNOLOGIES      1.00     11/02/29      INR      65.10
CHANDRAJYOTI ESTATE      0.01     07/06/30      INR      54.95
CONVERGIA DIGITAL E      0.10     09/29/31      INR      56.49
CROPIN TECHNOLOGY S      0.01     01/12/31      INR      61.51
CROPIN TECHNOLOGY S      0.01     12/20/30      INR      61.70
CROPIN TECHNOLOGY S      0.01     09/25/27      INR      74.04
CUMULUS TRADING CO       0.01     05/21/32      INR      47.60
DLF ASPINWAL HOTELS      0.01     10/15/30      INR      53.57
DLF HOME DEVELOPERS      0.01     06/29/30      INR      54.92
DLF HOMES PANCHKULA      0.01     06/29/30      INR      55.02
DLF HOMES SERVICES       0.01     06/29/30      INR      55.03
DLF LANDS INDIA PVT      0.01     09/29/31      INR      48.50
DLF MIDTOWN PVT LTD      0.01     12/11/27      INR      70.61
DLF PROPERTY DEVELO      0.01     08/12/30      INR      55.86
DLF PROPERTY DEVELO      0.01     06/29/30      INR      56.40
DLF REAL ESTATE BUI      0.01     06/23/30      INR      55.11
DLF RECREATIONAL FO      0.01     10/15/30      INR      53.57
DLF RESIDENTIAL BUI      0.01     06/23/30      INR      55.31
DLF RESIDENTIAL DEV      0.01     06/28/30      INR      58.54
DLF RESIDENTIAL DEV      0.01     06/28/30      INR      58.54
DLF RESIDENTIAL PAR      0.01     11/16/32      INR      47.93
DLF SOUTHERN TOWNS       0.01     07/09/30      INR      60.52
DLF URBAN PVT LTD        0.01     12/11/27      INR      71.50
DOMUS REAL ESTATE P      0.01     07/11/30      INR      55.24
DS KULKARNI DEVELOP      0.50     08/30/30      INR      61.58
ECAP EQUITIES LTD        0.01     03/30/32      INR      51.22
ECAP EQUITIES LTD        0.01     12/28/31      INR      52.24
ECAP EQUITIES LTD        0.01     03/26/31      INR      55.38
EDEL INVESTMENTS LT      0.01     03/16/33      INR      45.90
EDELCAP SECURITIES       0.01     03/19/33      INR      45.71
EDELWEISS ASSET REC      2.00     07/22/29      INR      70.92
EDELWEISS ASSET REC      2.00     03/28/29      INR      72.12
EDELWEISS ASSET REC      2.00     01/15/29      INR      72.89
EDELWEISS ASSET REC      2.00     10/07/28      INR      73.98
EDELWEISS INVESTMEN      0.01     05/31/29      INR      62.40
EDELWEISS RURAL & C      0.01     03/25/31      INR      55.39
ELP SOLAR ONE PVT L      0.25     02/27/31      INR      54.88
EMERALD HAVEN PROPE      0.01     02/18/27      INR      74.59
ENGENDER DEVELOPERS      0.01     03/30/41      INR      21.58
ENGENDER DEVELOPERS      0.01     02/29/32      INR      45.94
ESSAR POWER TRANSMI      3.00     03/31/43      INR      45.23
ESSAR POWER TRANSMI      3.00     03/31/43      INR      45.23
EVAAN HOLDINGS PVT       1.00     02/14/33      INR      52.84
EVIE REAL ESTATE PV      0.01     01/26/28      INR      71.93
FUTURE RETAIL LTD        5.60     01/22/25      USD       0.16
FUTURE RETAIL LTD        5.60     01/22/25      USD       0.22
GALFAR ENGINEERING       0.01     12/12/34      INR      36.93
GALLERIA PROPERTY M      0.01     12/30/31      INR      49.06
GAMMA GAANA LTD          0.01     07/31/31      INR      51.64
GANDHINAGAR WASTEFU      0.10     03/31/28      INR      71.13
GMR HIGHWAYS LTD         0.01     07/25/28      INR      69.73
GMR WARORA ENERGY L      0.01     09/30/38      INR      25.76
GOLD PLUS GLASS IND      0.10     03/03/29      INR      63.47
GOLD PLUS GLASS IND      0.10     03/03/29      INR      63.47
GREEN URJA PVT LTD       0.01     02/14/30      INR      59.41
HCL INFOTECH LTD         0.10     03/31/36      INR      37.32
HITODI INFRASTRUCTU      0.01     06/30/27      INR      70.06
IBROX AVIATION AND       0.01     12/15/27      INR      66.68
INBREW BEVERAGES PV      0.01     09/08/33      INR      51.67
INDIADOTCOM DIGITAL      0.01     03/01/32      INR      51.37
INDIAN RAILWAY FINA      3.95     02/13/50      USD      69.44
INDIAN RAILWAY FINA      3.95     02/13/50      USD      69.82
JAIPRAKASH ASSOCIAT      5.75     09/08/17      USD      55.13
JAIPRAKASH POWER VE      7.00     05/15/17      USD       6.25
JCT LTD                  2.50     04/08/11      USD      25.75
JSM CORP PVT LTD         0.01     08/31/36      INR      34.57
JSW PROJECTS LTD         0.50     03/29/33      INR      57.12
JTPM ATSALI LTD          0.01     08/29/48      INR      14.11
JUNAGADH POWER PROJ      0.10     03/31/28      INR      71.36
KANAKADURGA FINANCE      0.01     04/15/36      INR      33.17
KARMALA ROAD PROJEC      0.01     12/09/32      INR      47.12
KIRTIMAAN BUILDERS       0.01     10/20/32      INR      47.80
KUSHALS RETAIL PVT       1.00     05/13/29      INR      62.78
L&T FINANCE LTD          6.25     12/03/24      INR      67.68
LITMUS WORLD MARKET      0.01     03/31/28      INR      71.74
LOK SUVIDHA FINANCE      0.01     11/30/31      INR      47.00
LUMAX INTEGRATED VE      0.01     06/29/33      INR      46.52
LUMAX INTEGRATED VE      0.01     05/02/33      INR      47.10
LUMAX INTEGRATED VE      0.01     03/26/33      INR      47.47
LUMAX INTEGRATED VE      0.01     03/08/33      INR      47.65
MAHATVA PLASTIC PRO      0.01     03/16/28      INR      68.00
MAHATVA PLASTIC PRO      0.01     01/24/28      INR      68.81
MAHATVA PLASTIC PRO      0.01     11/21/27      INR      69.82
MAHATVA PLASTIC PRO      0.01     05/19/27      INR      72.87
MAHATVA PLASTIC PRO      0.01     05/03/27      INR      73.14
MAHATVA PLASTIC PRO      0.01     03/29/27      INR      73.74
MANJRI DEVELOPERS P      0.01     08/05/39      INR      26.80
MARGO NETWORKS PVT       0.01     03/24/32      INR      58.05
MELOSA BUILDERS & D      0.01     06/29/30      INR      55.03
MENS BUILDCON PVT L      0.01     06/29/30      INR      55.03
METALITE FUEL INDUS      0.01     06/18/36      INR      36.16
METALITE FUEL INDUS      0.01     03/31/35      INR      39.74
MSP SPONGE IRON LTD      0.10     03/15/36      INR      37.69
MUDIT CEMENT PVT LT      0.01     03/28/27      INR      73.78
MYTRAH AADHYA POWER      0.01     07/05/35      INR      39.84
MYTRAH ADVAITH POWE      0.01     07/13/36      INR      36.83
MYTRAH AKSHAYA ENER      0.01     07/13/36      INR      36.83
MYTRAH VAYU SABARMA      0.01     09/26/42      INR      22.71
NANI VIRANI WIND EN      2.00     06/30/39      INR      46.07
NEEMUCH SOLAR POWER      0.01     08/29/46      INR      17.20
NEEMUCH SOLAR POWER      0.01     01/26/46      INR      18.05
NHAVA SHEVA INTERNA      0.01     04/14/27      INR      73.57
ORIGAMI CELLULO PVT      0.01     11/14/36      INR      34.46
PALIWAL REAL ESTATE      0.01     09/09/31      INR      47.80
PIRAMAL CAPITAL & H      8.50     04/18/23      INR      34.25
PRAKASH INDUSTRIES       5.25     04/30/15      USD      22.63
PRESTIGE BKC REALTO      0.01     08/24/28      INR      64.82
PRESTIGE BKC REALTO      0.01     09/10/27      INR      70.30
PRIMACY INDUSTRIES       1.00     03/31/28      INR      72.12
PRINITI FOODS PVT L      0.01     11/01/30      INR      55.20
PRUDENT ARC LTD          0.01     06/28/32      INR      45.70
PRUDENT ARC LTD          0.01     03/30/32      INR      46.58
PRUDENT ARC LTD          0.01     10/04/31      INR      48.39
PRUDENT ARC LTD          0.01     09/02/31      INR      48.66
PUNJAB INFRASTRUCTU      0.40     10/15/33      INR      50.34
PUNJAB INFRASTRUCTU      0.40     10/15/32      INR      53.89
PUNJAB INFRASTRUCTU      0.40     10/15/31      INR      57.72
PUNJAB INFRASTRUCTU      0.40     10/15/30      INR      61.83
PUNJAB INFRASTRUCTU      0.40     10/15/29      INR      66.25
PUNJAB INFRASTRUCTU      0.40     10/15/28      INR      71.00
PURVANCHAL SOLAR PO      0.01     08/29/46      INR      17.20
PURVANCHAL SOLAR PO      0.01     01/26/46      INR      18.05
PYRAMID SAIMIRA THE      1.75     07/04/12      USD       0.26
R L FINE CHEM PVT L      0.10     08/19/36      INR      34.85
RAMANI ICECREAM CO       0.01     12/29/35      INR      37.49
RANKGURU TECHNOLOGY      0.01     03/31/27      INR      69.81
RANKGURU TECHNOLOGY      0.01     02/11/27      INR      70.69
REDKITE CAPITAL PVT      2.50     03/30/29      INR      73.94
REI AGRO LTD             5.50     11/13/14      USD       0.50
REI AGRO LTD             5.50     11/13/14      USD       0.50
RELIANCE COMMUNICAT      6.50     11/06/20      USD       1.89
RELIANCE CORPORATE       0.01     03/19/33      INR      45.68
RELIANCE INDUSTRIES      3.75     01/12/62      USD      61.25
RELIANCE INDUSTRIES      3.75     01/12/62      USD      61.27
RELIANCE INDUSTRIES      3.63     01/12/52      USD      63.07
RELIANCE INDUSTRIES      3.63     01/12/52      USD      63.12
RENEW FAZILKA SOLAR      0.01     01/26/46      INR      17.77
RENEW MEDAK POWER P      0.01     08/29/46      INR      17.20
RENEW MEDAK POWER P      0.01     01/26/46      INR      18.05
RENEW RANGA REDDY S      0.01     08/31/46      INR      17.20
RENEW RANGA REDDY S      0.01     01/26/46      INR      18.05
REVENT PRECISION EN      1.00     09/11/30      INR      59.73
REVENT PRECISION EN      0.10     12/07/28      INR      63.21
REWANCHAL SOLAR POW      0.01     08/29/46      INR      17.20
REWANCHAL SOLAR POW      0.01     01/26/46      INR      18.05
RIVERIA COMMERCIAL       0.01     07/08/31      INR      50.43
RMZ ONE PARAMOUNT P      0.10     03/24/29      INR      61.25
RRB ENERGY LTD           3.50     11/08/32      INR      67.42
SAGAR DEFENCE ENGIN      0.01     02/16/28      INR      68.27
SAHIB FINLEASE LTD       1.00     10/29/29      INR      64.80
SAKET HOLIDAYS RESO      0.01     06/29/30      INR      55.37
SANJWIN CONSULTING       0.01     06/01/28      INR      65.59
SBSR POWER CLEANTEC      0.01     06/15/42      INR      22.01
SEPC LTD                 0.10     03/31/35      INR      35.30
SEPC LTD                 0.10     03/31/35      INR      35.32
SHERISHA ROOFTOP SO      0.01     08/12/31      INR      47.88
SHIVAJI MARG MAINTE      0.01     06/28/30      INR      55.24
SHREE UTTAM STEEL &      0.10     07/12/32      INR      48.51
SKIPPER PLASTICS LT      1.00     08/16/32      INR      53.39
SOUTH-WEST MINING L      0.10     03/23/33      INR      66.55
STATE BANK OF INDIA      1.80     04/28/31      USD      72.88
STATE BANK OF INDIA      1.85     05/19/31      USD      72.98
STATE BANK OF INDIA      1.85     04/28/31      USD      73.18
STATE BANK OF INDIA      1.80     05/19/31      USD      73.82
STATE BANK OF INDIA      1.10     01/22/31      USD      70.58
STATE BANK OF INDIA      1.85     01/14/32      USD      71.32
STATE BANK OF INDIA      1.35     01/28/31      USD      71.71
STATE BANK OF INDIA      1.35     02/19/31      USD      71.74
STATE BANK OF INDIA      2.00     01/27/32      USD      72.16
STATE BANK OF INDIA      1.80     07/21/31      USD      72.62
STATE BANK OF INDIA      2.05     01/27/32      USD      72.78
STATE BANK OF INDIA      1.60     03/17/31      USD      72.84
STATE BANK OF INDIA      1.75     06/10/31      USD      72.94
STATE BANK OF INDIA      1.85     06/10/31      USD      73.30
STATE BANK OF INDIA      1.85     07/21/31      USD      73.44
STATE BANK OF INDIA      1.90     01/14/32      USD      73.49
STATE BANK OF INDIA      1.80     06/30/31      USD      73.50
STATE BANK OF INDIA      1.80     04/14/31      USD      73.78
STATE BANK OF INDIA      1.80     03/25/31      USD      74.36
STATE BANK OF INDIA      1.80     06/10/31      USD      74.77
STPL HORTICULTURE P      0.01     03/31/31      INR      60.86
SUNWORLD SOLAR POWE      0.01     08/31/46      INR      17.20
SUNWORLD SOLAR POWE      0.01     01/26/46      INR      18.05
SURAKSHA REALTY LTD      0.01     03/14/28      INR      67.69
SUTARA ROADS & INFR      0.01     08/31/30      INR      61.15
SUZLON ENERGY LTD        5.75     07/16/19      USD      20.63
SUZLON ENERGY LTD        5.75     07/16/19      USD      20.63
SUZLON ENERGY LTD        0.01     06/26/30      INR      54.32
SVOGL OIL GAS & ENE      5.00     08/17/15      USD       0.61
TN URJA PVT LTD          0.10     02/22/36      INR      38.16
TOUCHSTONE FINCAP L      0.10     09/10/33      INR      43.91
UJAGAR ESTATES LTD       0.01     10/20/32      INR      47.80
UNION BUILDMART PVT      0.01     05/16/33      INR      45.89
UPAKARMA AYURVEDA P      0.10     10/27/32      INR      57.35
URBANRISE COUNTY HO      0.01     05/31/28      INR      69.49
VENTO ENERGY INFRA       0.01     09/20/39      INR      27.49
VIKRANT FORGE PVT L      2.00     03/25/33      INR      59.04
WATSUN INFRABUILD P      4.00     10/16/37      INR      65.88
YBRANT ENGINEERING       0.01     05/07/31      INR      53.81
YOGINDERA POWERS LT      0.01     01/24/42      INR      39.89


   JAPAN
   -----

AICHI PREFECTURE         0.37     06/18/49      JPY      69.25
AICHI PREFECTURE         0.24     06/20/46      JPY      70.91
AICHI PREFECTURE         0.62     06/20/50      JPY      73.26
AICHI PREFECTURE         0.72     06/20/51      JPY      74.24
AVANSTRATE INC           0.25     10/29/32      JPY       9.75
CENTRAL JAPAN RAILW      0.90     09/01/56      JPY      68.37
CENTRAL JAPAN RAILW      1.09     03/09/57      JPY      72.47
CHUGOKU ELECTRIC PO      0.90     10/25/50      JPY      69.20
CHUGOKU ELECTRIC PO      0.87     09/24/49      JPY      70.02
CHUGOKU ELECTRIC PO      0.67     02/25/44      JPY      74.39
CHUGOKU ELECTRIC PO      0.80     05/25/45      JPY      74.68
CHUGOKU ELECTRIC PO      1.25     06/25/52      JPY      74.68
CHUGOKU ELECTRIC PO      0.79     11/25/44      JPY      74.74
CITY OF FUKUOKA JAP      0.41     12/20/49      JPY      69.42
CITY OF FUKUOKA JAP      0.52     03/18/50      JPY      69.86
CITY OF FUKUOKA JAP      0.62     06/20/50      JPY      73.23
CITY OF FUKUOKA JAP      0.71     09/20/50      JPY      74.78
CITY OF KAWASAKI JA      0.47     12/20/49      JPY      70.81
CITY OF KAWASAKI JA      1.41     08/19/30      AUD      72.58
CITY OF KOBE JAPAN       0.30     06/18/49      JPY      67.84
CITY OF KOBE JAPAN       0.52     03/18/50      JPY      71.34
CITY OF KOBE JAPAN       0.28     06/20/46      JPY      71.70
CITY OF KOBE JAPAN       0.71     06/20/51      JPY      74.11
CITY OF KOBE JAPAN       0.67     06/20/50      JPY      74.29
CITY OF OSAKA JAPAN      0.54     03/19/49      JPY      73.05
CITY OF OSAKA JAPAN      0.70     06/20/51      JPY      73.91
CITY OF OSAKA JAPAN      0.68     06/20/50      JPY      74.38
CITY OF SAKAI            0.51     09/17/49      JPY      71.85
CITY OF SAKAI            0.69     09/20/50      JPY      74.42
CITY OF SAPPORO JAP      0.47     12/20/49      JPY      70.81
DEVELOPMENT BANK OF      0.89     07/16/70      JPY      60.50
DEVELOPMENT BANK OF      0.48     12/16/59      JPY      62.12
DEVELOPMENT BANK OF      1.65     05/07/49      EUR      63.00
DEVELOPMENT BANK OF      0.95     04/15/71      JPY      63.80
DEVELOPMENT BANK OF      0.57     06/24/60      JPY      63.95
DEVELOPMENT BANK OF      0.70     06/21/61      JPY      66.50
DEVELOPMENT BANK OF      0.81     03/19/59      JPY      68.88
DEVELOPMENT BANK OF      0.56     11/14/34      EUR      69.61
DEVELOPMENT BANK OF      0.46     06/18/49      JPY      70.15
DEVELOPMENT BANK OF      3.46     04/23/49      USD      70.27
DEVELOPMENT BANK OF      3.36     04/25/44      USD      70.47
DEVELOPMENT BANK OF      1.34     03/18/30      AUD      72.70
DEVELOPMENT BANK OF      3.75     12/18/48      USD      73.78
DEVELOPMENT BANK OF      3.67     12/18/43      USD      73.83
DEVELOPMENT BANK OF      0.77     04/14/51      JPY      74.17
DEVELOPMENT BANK OF      0.70     06/20/50      JPY      74.20
DEVELOPMENT BANK OF      0.25     08/26/44      JPY      74.48
DEVELOPMENT BANK OF      1.15     04/17/34      EUR      75.16
EAST JAPAN RAILWAY       0.81     07/23/69      JPY      51.47
EAST JAPAN RAILWAY       0.99     04/22/70      JPY      55.95
EAST JAPAN RAILWAY       0.50     07/28/56      JPY      59.00
EAST JAPAN RAILWAY       1.14     04/15/71      JPY      59.54
EAST JAPAN RAILWAY       1.15     12/18/70      JPY      59.95
EAST JAPAN RAILWAY       1.18     12/17/71      JPY      60.26
EAST JAPAN RAILWAY       1.21     07/15/71      JPY      61.25
EAST JAPAN RAILWAY       0.77     12/23/59      JPY      62.68
EAST JAPAN RAILWAY       1.10     09/15/39      EUR      62.90
EAST JAPAN RAILWAY       0.83     04/22/60      JPY      63.93
EAST JAPAN RAILWAY       0.90     07/20/60      JPY      65.46
EAST JAPAN RAILWAY       0.99     12/16/61      JPY      66.39
EAST JAPAN RAILWAY       0.49     07/23/49      JPY      66.69
EAST JAPAN RAILWAY       0.98     04/15/61      JPY      66.75
EAST JAPAN RAILWAY       0.97     12/17/60      JPY      66.82
EAST JAPAN RAILWAY       1.00     07/15/61      JPY      67.08
EAST JAPAN RAILWAY       0.61     12/23/49      JPY      68.54
EAST JAPAN RAILWAY       1.00     03/19/59      JPY      68.71
EAST JAPAN RAILWAY       0.39     07/27/46      JPY      68.91
EAST JAPAN RAILWAY       0.70     04/22/50      JPY      69.89
EAST JAPAN RAILWAY       1.54     04/14/72      JPY      70.06
EAST JAPAN RAILWAY       0.82     12/15/51      JPY      70.65
EAST JAPAN RAILWAY       0.81     07/14/51      JPY      70.86
EAST JAPAN RAILWAY       0.76     07/20/50      JPY      70.92
EAST JAPAN RAILWAY       0.85     04/14/51      JPY      71.89
EAST JAPAN RAILWAY       0.84     12/16/50      JPY      71.96
EAST JAPAN RAILWAY       0.77     09/15/34      EUR      72.03
EAST JAPAN RAILWAY       0.78     03/19/49      JPY      72.88
EAST JAPAN RAILWAY       1.12     01/26/57      JPY      73.21
EAST JAPAN RAILWAY       1.25     12/20/58      JPY      74.90
FUKUOKA PREFECTURE       0.43     06/18/49      JPY      70.53
FUKUOKA PREFECTURE       0.60     03/19/49      JPY      74.32
HANKYU HANSHIN HOLD      0.88     11/19/49      JPY      73.56
HIKARI TSUSHIN INC       2.50     11/08/49      JPY      72.53
HIS CO LTD               0.58     02/19/27      JPY      72.40
HOKKAIDO ELECTRIC P      0.89     06/23/51      JPY      68.67
HYOGO PREFECTURE         0.45     06/18/49      JPY      70.64
HYOGO PREFECTURE         0.54     03/18/50      JPY      71.66
HYOGO PREFECTURE         0.50     06/17/49      JPY      72.04
HYOGO PREFECTURE         0.63     06/24/50      JPY      73.02
HYOGO PREFECTURE         0.64     06/17/50      JPY      73.21
HYOGO PREFECTURE         0.59     06/17/49      JPY      73.51
HYOGO PREFECTURE         0.74     04/20/51      JPY      74.62
JAPAN EXPRESSWAY HO      0.35     08/29/59      JPY      59.02
JAPAN EXPRESSWAY HO      0.83     03/19/59      JPY      59.59
JAPAN EXPRESSWAY HO      0.30     06/30/56      JPY      60.56
JAPAN EXPRESSWAY HO      0.43     02/27/60      JPY      60.75
JAPAN EXPRESSWAY HO      0.88     03/19/59      JPY      60.96
JAPAN EXPRESSWAY HO      0.84     03/19/58      JPY      61.00
JAPAN EXPRESSWAY HO      0.94     03/19/60      JPY      61.23
JAPAN EXPRESSWAY HO      0.44     10/31/59      JPY      61.26
JAPAN EXPRESSWAY HO      0.97     03/19/60      JPY      61.76
JAPAN EXPRESSWAY HO      0.46     06/30/59      JPY      62.08
JAPAN EXPRESSWAY HO      0.71     03/19/54      JPY      62.17
JAPAN EXPRESSWAY HO      0.96     03/19/57      JPY      63.20
JAPAN EXPRESSWAY HO      0.54     06/30/60      JPY      63.27
JAPAN EXPRESSWAY HO      0.75     03/19/54      JPY      63.63
JAPAN EXPRESSWAY HO      0.63     03/19/59      JPY      63.74
JAPAN EXPRESSWAY HO      0.57     08/31/60      JPY      64.02
JAPAN EXPRESSWAY HO      0.44     03/19/54      JPY      64.14
JAPAN EXPRESSWAY HO      0.84     03/19/55      JPY      64.63
JAPAN EXPRESSWAY HO      0.78     03/19/53      JPY      64.78
JAPAN EXPRESSWAY HO      0.48     08/31/56      JPY      64.85
JAPAN EXPRESSWAY HO      0.94     03/17/56      JPY      65.30
JAPAN EXPRESSWAY HO      1.02     03/19/58      JPY      65.41
JAPAN EXPRESSWAY HO      0.86     03/19/55      JPY      65.64
JAPAN EXPRESSWAY HO      0.66     10/29/60      JPY      66.11
JAPAN EXPRESSWAY HO      0.29     06/18/49      JPY      66.25
JAPAN EXPRESSWAY HO      0.69     02/28/61      JPY      66.60
JAPAN EXPRESSWAY HO      0.92     03/19/55      JPY      66.67
JAPAN EXPRESSWAY HO      0.87     03/19/54      JPY      66.76
JAPAN EXPRESSWAY HO      0.65     03/17/56      JPY      66.83
JAPAN EXPRESSWAY HO      0.78     03/19/52      JPY      66.83
JAPAN EXPRESSWAY HO      0.31     03/31/50      JPY      67.11
JAPAN EXPRESSWAY HO      1.14     03/19/58      JPY      67.22
JAPAN EXPRESSWAY HO      0.59     10/31/56      JPY      67.46
JAPAN EXPRESSWAY HO      0.30     09/30/49      JPY      67.57
JAPAN EXPRESSWAY HO      0.93     03/19/54      JPY      67.73
JAPAN EXPRESSWAY HO      0.89     03/19/53      JPY      67.96
JAPAN EXPRESSWAY HO      0.87     03/19/53      JPY      68.01
JAPAN EXPRESSWAY HO      0.09     07/31/46      JPY      68.03
JAPAN EXPRESSWAY HO      0.71     03/17/56      JPY      68.05
JAPAN EXPRESSWAY HO      0.65     03/19/49      JPY      68.21
JAPAN EXPRESSWAY HO      0.84     03/19/52      JPY      68.45
JAPAN EXPRESSWAY HO      0.75     03/18/50      JPY      68.73
JAPAN EXPRESSWAY HO      0.18     06/20/46      JPY      68.75
JAPAN EXPRESSWAY HO      0.72     02/28/59      JPY      68.76
JAPAN EXPRESSWAY HO      0.70     03/19/55      JPY      68.99
JAPAN EXPRESSWAY HO      0.36     07/30/49      JPY      69.12
JAPAN EXPRESSWAY HO      0.45     09/17/49      JPY      69.19
JAPAN EXPRESSWAY HO      0.76     12/20/49      JPY      69.41
JAPAN EXPRESSWAY HO      1.23     03/19/58      JPY      69.42
JAPAN EXPRESSWAY HO      0.82     03/19/58      JPY      69.44
JAPAN EXPRESSWAY HO      0.91     03/19/52      JPY      69.72
JAPAN EXPRESSWAY HO      0.42     12/28/49      JPY      69.87
JAPAN EXPRESSWAY HO      1.19     03/17/56      JPY      70.06
JAPAN EXPRESSWAY HO      0.75     06/18/49      JPY      70.06
JAPAN EXPRESSWAY HO      0.98     03/19/53      JPY      70.07
JAPAN EXPRESSWAY HO      0.44     01/31/50      JPY      70.15
JAPAN EXPRESSWAY HO      0.84     06/20/50      JPY      70.22
JAPAN EXPRESSWAY HO      0.86     09/20/50      JPY      70.32
JAPAN EXPRESSWAY HO      1.30     03/19/58      JPY      70.76
JAPAN EXPRESSWAY HO      0.46     11/30/49      JPY      70.79
JAPAN EXPRESSWAY HO      1.27     03/19/57      JPY      70.87
JAPAN EXPRESSWAY HO      0.45     03/17/45      JPY      70.98
JAPAN EXPRESSWAY HO      0.89     06/20/50      JPY      70.98
JAPAN EXPRESSWAY HO      1.37     03/19/58      JPY      71.03
JAPAN EXPRESSWAY HO      0.84     03/17/51      JPY      71.12
JAPAN EXPRESSWAY HO      0.93     03/17/51      JPY      71.21
JAPAN EXPRESSWAY HO      1.24     03/17/56      JPY      71.40
JAPAN EXPRESSWAY HO      0.65     09/20/50      JPY      72.08
JAPAN EXPRESSWAY HO      1.34     03/19/58      JPY      72.10
JAPAN EXPRESSWAY HO      0.65     06/20/50      JPY      72.38
JAPAN EXPRESSWAY HO      0.63     08/31/51      JPY      72.41
JAPAN EXPRESSWAY HO      0.58     03/19/49      JPY      72.47
JAPAN EXPRESSWAY HO      0.62     03/18/50      JPY      72.52
JAPAN EXPRESSWAY HO      0.53     04/30/49      JPY      72.77
JAPAN EXPRESSWAY HO      0.64     06/30/51      JPY      72.85
JAPAN EXPRESSWAY HO      0.54     05/31/49      JPY      72.96
JAPAN EXPRESSWAY HO      0.68     10/31/51      JPY      73.33
JAPAN EXPRESSWAY HO      0.89     06/28/58      JPY      73.57
JAPAN EXPRESSWAY HO      1.37     03/19/57      JPY      73.58
JAPAN EXPRESSWAY HO      0.84     03/19/53      JPY      73.86
JAPAN EXPRESSWAY HO      1.44     03/19/57      JPY      73.90
JAPAN EXPRESSWAY HO      0.39     05/31/46      JPY      73.95
JAPAN EXPRESSWAY HO      0.64     12/18/48      JPY      73.98
JAPAN EXPRESSWAY HO      0.47     03/19/46      JPY      74.33
JAPAN EXPRESSWAY HO      1.03     12/18/48      JPY      74.39
JAPAN EXPRESSWAY HO      0.61     03/31/49      JPY      74.51
JAPAN EXPRESSWAY HO      0.75     03/18/50      JPY      74.65
JAPAN EXPRESSWAY HO      0.58     12/20/44      JPY      74.73
JAPAN EXPRESSWAY HO      0.94     02/28/58      JPY      74.98
JAPAN FINANCE ORGAN      1.88     10/15/35      AUD      58.27
JAPAN FINANCE ORGAN      2.00     11/27/35      AUD      59.00
JAPAN FINANCE ORGAN      0.49     07/28/56      JPY      63.08
JAPAN FINANCE ORGAN      0.63     04/28/60      JPY      63.37
JAPAN FINANCE ORGAN      0.63     04/30/60      JPY      63.43
JAPAN FINANCE ORGAN      0.63     04/23/60      JPY      63.49
JAPAN FINANCE ORGAN      0.63     04/28/60      JPY      63.50
JAPAN FINANCE ORGAN      0.65     01/28/60      JPY      64.11
JAPAN FINANCE ORGAN      0.75     09/28/60      JPY      66.33
JAPAN FINANCE ORGAN      0.58     03/26/55      JPY      66.45
JAPAN FINANCE ORGAN      0.53     10/24/53      JPY      66.72
JAPAN FINANCE ORGAN      0.53     10/28/53      JPY      66.73
JAPAN FINANCE ORGAN      0.54     10/31/53      JPY      66.99
JAPAN FINANCE ORGAN      0.50     05/29/51      JPY      68.53
JAPAN FINANCE ORGAN      0.45     10/28/49      JPY      69.29
JAPAN FINANCE ORGAN      0.77     10/27/56      JPY      69.71
JAPAN FINANCE ORGAN      0.78     10/27/56      JPY      69.90
JAPAN FINANCE ORGAN      0.52     04/28/50      JPY      70.08
JAPAN FINANCE ORGAN      0.23     01/26/46      JPY      70.53
JAPAN FINANCE ORGAN      0.88     02/28/59      JPY      70.72
JAPAN FINANCE ORGAN      1.49     12/09/30      AUD      70.76
JAPAN FINANCE ORGAN      1.49     11/27/30      AUD      70.94
JAPAN FINANCE ORGAN      1.45     11/27/30      AUD      71.36
JAPAN FINANCE ORGAN      0.53     04/28/49      JPY      71.54
JAPAN FINANCE ORGAN      1.44     10/28/30      AUD      71.77
JAPAN FINANCE ORGAN      0.63     08/26/50      JPY      72.35
JAPAN FINANCE ORGAN      0.74     11/28/51      JPY      72.97
JAPAN FINANCE ORGAN      0.54     04/28/48      JPY      73.08
JAPAN FINANCE ORGAN      0.72     11/28/50      JPY      73.50
JAPAN FINANCE ORGAN      0.85     03/27/54      JPY      73.59
JAPAN FINANCE ORGAN      0.74     04/28/51      JPY      73.65
JAPAN FINANCE ORGAN      0.65     04/28/49      JPY      73.95
JAPAN FINANCE ORGAN      0.52     04/30/47      JPY      74.09
JAPAN FINANCE ORGAN      1.87     06/11/30      AUD      74.84
JAPAN FINANCE ORGAN      1.83     06/12/30      AUD      74.96
JAPAN GOVERNMENT FO      0.50     03/20/60      JPY      64.29
JAPAN GOVERNMENT FO      0.40     03/20/56      JPY      64.89
JAPAN GOVERNMENT FO      0.50     03/20/59      JPY      65.01
JAPAN GOVERNMENT FO      0.70     03/20/61      JPY      68.83
JAPAN GOVERNMENT FO      0.80     03/20/58      JPY      73.39
JAPAN GOVERNMENT TH      0.40     03/20/50      JPY      70.68
JAPAN GOVERNMENT TH      0.40     12/20/49      JPY      71.05
JAPAN GOVERNMENT TH      0.40     09/20/49      JPY      71.29
JAPAN GOVERNMENT TH      0.40     06/20/49      JPY      71.59
JAPAN GOVERNMENT TH      0.30     06/20/46      JPY      73.49
JAPAN GOVERNMENT TH      0.50     03/20/49      JPY      73.97
JAPAN GOVERNMENT TH      0.60     09/20/50      JPY      74.32
JAPAN GOVERNMENT TH      0.60     06/20/50      JPY      74.66
JAPAN GOVERNMENT TH      0.70     12/20/51      JPY      75.38
JAPAN GOVERNMENT TH      0.70     09/20/51      JPY      75.61
JAPAN HOUSING FINAN      0.77     03/19/60      JPY      67.46
JAPAN HOUSING FINAN      0.55     03/18/50      JPY      70.75
JAPAN HOUSING FINAN      0.55     09/17/49      JPY      71.43
JAPAN HOUSING FINAN      0.77     09/20/51      JPY      73.71
JAPAN HOUSING FINAN      0.75     03/20/51      JPY      73.90
JAPAN HOUSING FINAN      0.66     03/19/49      JPY      74.22
JAPAN INTERNATIONAL      0.54     12/20/49      JPY      70.99
JAPAN RAILWAY CONST      0.54     05/27/50      JPY      70.41
JAPAN RAILWAY CONST      0.63     05/28/49      JPY      73.50
KANSAI ELECTRIC POW      0.96     07/09/49      JPY      72.14
KYOTO PREFECTURE         0.30     06/18/49      JPY      67.84
KYUSHU ELECTRIC POW      0.90     12/25/51      JPY      68.34
KYUSHU ELECTRIC POW      0.80     10/23/48      JPY      70.09
KYUSHU ELECTRIC POW      1.00     12/24/49      JPY      72.47
KYUSHU ELECTRIC POW      1.17     03/25/52      JPY      73.57
KYUSHU RAILWAY CO        0.93     03/05/49      JPY      74.53
MITSUBISHI CHEMICAL      1.21     05/28/49      JPY      74.13
MITSUBISHI ESTATE C      1.13     04/18/69      JPY      60.87
MITSUBISHI ESTATE C      0.79     06/27/56      JPY      63.83
MITSUBISHI ESTATE C      1.31     03/14/58      JPY      74.36
MITSUI FUDOSAN CO L      1.03     03/17/70      JPY      57.30
MITSUI FUDOSAN CO L      0.82     03/17/50      JPY      69.92
MITSUI FUDOSAN CO L      1.18     12/06/56      JPY      71.51
MIZUHO BANK LTD          3.92     06/13/46      USD      70.90
MIZUHO BANK LTD          4.09     04/27/46      USD      72.32
MIZUHO BANK LTD          4.03     05/10/46      USD      72.38
MIZUHO BANK LTD          4.08     04/27/46      USD      72.90
MIZUHO BANK LTD          4.10     05/22/45      USD      73.51
MIZUHO FINANCIAL GR      0.84     04/12/33      EUR      74.63
MIZUHO FINANCIAL GR      2.17     05/22/32      USD      74.95
MIZUHO FINANCIAL GR      2.26     07/09/32      USD      75.15
MIZUHO FINANCIAL GR      2.56     09/13/31      USD      75.18
MIZUHO SECURITIES C      2.02     12/10/35      USD      64.17
MIZUHO SECURITIES C      2.05     12/21/35      USD      64.36
MIZUHO SECURITIES C      2.16     02/01/36      USD      65.04
MIZUHO SECURITIES C      0.65     07/05/46      JPY      70.55
MIZUHO SECURITIES C      0.84     08/28/46      JPY      73.43
NEW KANSAI INTERNAT      0.59     12/20/49      JPY      71.39
NEW KANSAI INTERNAT      0.82     12/20/51      JPY      73.27
NEW KANSAI INTERNAT      0.83     12/20/50      JPY      74.29
NIPPON BUILDING FUN      1.00     06/08/46      JPY      72.64
NIPPON PROLOGIS REI      1.00     04/15/50      JPY      64.55
ODAKYU ELECTRIC RAI      0.86     12/03/49      JPY      72.91
OSAKA GAS CO LTD         0.70     09/05/69      JPY      48.80
OSAKA GAS CO LTD         0.55     09/05/58      JPY      58.12
OSAKA GAS CO LTD         0.82     06/06/59      JPY      64.05
OSAKA GAS CO LTD         0.40     09/03/49      JPY      64.81
OSAKA GAS CO LTD         0.64     06/04/49      JPY      69.88
OSAKA GAS CO LTD         0.99     12/08/56      JPY      70.03
OSAKA GAS CO LTD         0.85     06/02/51      JPY      71.85
OSAKA UNIVERSITY         1.17     03/17/62      JPY      74.66
RAKUTEN CARD CO LTD      1.07     12/17/31      JPY      67.50
RAKUTEN GROUP INC        1.50     12/02/36      JPY      54.33
RAKUTEN GROUP INC        0.90     06/23/34      JPY      55.18
RAKUTEN GROUP INC        3.00     11/04/60      JPY      55.76
RAKUTEN GROUP INC        1.30     12/02/33      JPY      59.36
RAKUTEN GROUP INC        1.05     12/02/31      JPY      63.87
RAKUTEN GROUP INC        3.00     12/13/58      JPY      66.98
RAKUTEN GROUP INC        2.48     11/04/57      JPY      71.67
RAKUTEN GROUP INC        0.45     06/25/29      JPY      72.55
SAITAMA PREFECTURE       0.47     12/20/49      JPY      70.81
SAITAMA PREFECTURE       0.45     03/19/49      JPY      71.25
SAITAMA PREFECTURE       0.26     06/20/46      JPY      71.27
SHIKOKU ELECTRIC PO      0.94     06/25/49      JPY      71.97
SHIKOKU ELECTRIC PO      1.15     04/25/52      JPY      73.03
SHIZUOKA PREFECTURE      1.41     11/19/30      AUD      71.54
SHIZUOKA PREFECTURE      1.49     09/03/30      AUD      72.83
SHIZUOKA PREFECTURE      0.67     06/20/50      JPY      74.23
SHIZUOKA PREFECTURE      0.73     09/20/51      JPY      74.28
SHIZUOKA PREFECTURE      0.64     03/19/49      JPY      74.97
SUMITOMO MITSUI FIN      2.30     01/12/41      USD      60.74
SUMITOMO MITSUI FIN      2.93     09/17/41      USD      65.09
SUMITOMO MITSUI FIN      3.05     01/14/42      USD      67.76
SUMITOMO MITSUI FIN      1.71     01/12/31      USD      74.47
TAKEDA PHARMACEUTIC      3.38     07/09/60      USD      59.90
TAKEDA PHARMACEUTIC      3.18     07/09/50      USD      61.88
TAKEDA PHARMACEUTIC      3.03     07/09/40      USD      68.25
TAKEDA PHARMACEUTIC      2.00     07/09/40      EUR      71.64
TKJP CORP                1.02     12/15/17      JPY       0.50
TKJP CORP                0.58     03/26/21      JPY       2.02
TKJP CORP                0.85     03/06/19      JPY       2.02
TOHO GAS CO LTD          0.86     04/18/59      JPY      65.64
TOHOKU ELECTRIC POW      0.88     05/25/51      JPY      69.39
TOHOKU ELECTRIC POW      0.87     02/25/50      JPY      70.55
TOKYO GAS CO LTD         0.99     05/28/70      JPY      55.79
TOKYO GAS CO LTD         0.53     09/12/59      JPY      56.97
TOKYO GAS CO LTD         1.09     09/10/70      JPY      58.29
TOKYO GAS CO LTD         0.69     12/25/57      JPY      62.41
TOKYO GAS CO LTD         0.83     05/28/60      JPY      63.67
TOKYO GAS CO LTD         0.88     05/23/59      JPY      65.58
TOKYO GAS CO LTD         0.92     09/10/60      JPY      65.81
TOKYO GAS CO LTD         0.68     05/27/50      JPY      69.59
TOKYO GAS CO LTD         1.01     11/29/56      JPY      70.76
TOKYO GAS CO LTD         0.69     05/21/49      JPY      71.03
TOKYO GAS CO LTD         0.82     07/13/51      JPY      71.26
TOKYO GAS CO LTD         1.10     07/19/58      JPY      71.49
TOKYO GAS CO LTD         0.81     09/09/50      JPY      71.72
TOKYO GAS CO LTD         1.25     11/29/58      JPY      74.96
TOKYO METRO CO LTD       0.94     01/31/70      JPY      54.77
TOKYO METRO CO LTD       1.07     09/18/70      JPY      58.09
TOKYO METRO CO LTD       1.09     06/12/70      JPY      58.61
TOKYO METRO CO LTD       1.13     01/22/71      JPY      59.50
TOKYO METRO CO LTD       0.77     06/27/59      JPY      63.07
TOKYO METRO CO LTD       1.29     10/14/71      JPY      63.46
TOKYO METRO CO LTD       0.91     09/17/60      JPY      64.92
TOKYO METRO CO LTD       0.92     06/11/60      JPY      65.97
TOKYO METRO CO LTD       1.42     02/26/72      JPY      66.85
TOKYO METRO CO LTD       1.06     10/14/61      JPY      68.14
TOKYO METRO CO LTD       0.60     01/31/50      JPY      68.44
TOKYO METRO CO LTD       0.60     06/25/49      JPY      69.22
TOKYO METRO CO LTD       0.76     06/10/50      JPY      71.18
TOKYO METRO CO LTD       0.84     10/13/51      JPY      71.36
TOKYO METRO CO LTD       1.10     01/31/59      JPY      71.38
TOKYO METRO CO LTD       0.80     09/16/50      JPY      71.55
TOKYO METRO CO LTD       0.84     01/20/51      JPY      72.10
TOKYO METRO CO LTD       1.24     02/28/62      JPY      72.51
TOKYO METRO CO LTD       0.61     06/21/46      JPY      73.09
TOKYO METRO CO LTD       1.22     05/24/58      JPY      74.64
TOKYO METROPOLITAN       0.48     09/17/49      JPY      71.23
TOKYO METROPOLITAN       0.72     09/20/51      JPY      74.11
TOKYO METROPOLITAN       0.69     09/20/50      JPY      74.36
TOKYO METROPOLITAN       0.74     09/20/51      JPY      74.50
TOKYO METROPOLITAN       0.64     06/18/49      JPY      71.12
TOKYO METROPOLITAN       0.89     06/20/51      JPY      74.54
TOKYO METROPOLITAN       0.87     06/20/50      JPY      74.63
TOKYU CORP               0.75     09/17/49      JPY      71.02
UNIVERSITY OF TOKYO      0.85     03/18/61      JPY      67.53
UNIVERSITY OF TOKYO      0.82     03/19/60      JPY      67.58
UNIZO HOLDINGS CO L      1.50     11/26/27      JPY      10.00
UNIZO HOLDINGS CO L      1.20     05/28/27      JPY      10.00
UNIZO HOLDINGS CO L      0.99     11/27/26      JPY      10.00
UNIZO HOLDINGS CO L      1.10     11/28/24      JPY      10.00
UNIZO HOLDINGS CO L      0.89     05/29/24      JPY      10.00
UNIZO HOLDINGS CO L      0.80     11/29/23      JPY      10.00
UNIZO HOLDINGS CO L      0.85     05/26/23      JPY      10.00
URBAN RENAISSANCE A      0.43     03/19/59      JPY      59.30
URBAN RENAISSANCE A      1.00     06/19/71      JPY      63.36
URBAN RENAISSANCE A      0.68     03/19/59      JPY      65.49
URBAN RENAISSANCE A      0.69     03/19/59      JPY      65.74
URBAN RENAISSANCE A      0.75     03/19/60      JPY      66.30
URBAN RENAISSANCE A      0.32     06/18/49      JPY      67.13
URBAN RENAISSANCE A      0.81     03/19/60      JPY      68.03
URBAN RENAISSANCE A      0.86     03/18/61      JPY      68.48
URBAN RENAISSANCE A      0.87     03/18/61      JPY      68.74
URBAN RENAISSANCE A      0.85     03/19/60      JPY      69.10
URBAN RENAISSANCE A      0.89     03/18/61      JPY      69.10
URBAN RENAISSANCE A      0.80     03/19/58      JPY      69.24
URBAN RENAISSANCE A      0.86     03/19/60      JPY      69.41
URBAN RENAISSANCE A      0.95     03/18/61      JPY      70.74
URBAN RENAISSANCE A      0.93     03/19/58      JPY      72.21
URBAN RENAISSANCE A      0.72     06/20/51      JPY      73.08
URBAN RENAISSANCE A      0.71     06/20/50      JPY      73.77
URBAN RENAISSANCE A      0.49     06/20/46      JPY      74.45
URBAN RENAISSANCE A      1.44     06/20/72      JPY      74.97
WEST JAPAN RAILWAY       1.03     05/21/70      JPY      56.95
WEST JAPAN RAILWAY       1.10     08/27/70      JPY      58.76
WEST JAPAN RAILWAY       1.13     04/22/71      JPY      59.29
WEST JAPAN RAILWAY       0.86     05/21/60      JPY      64.56
WEST JAPAN RAILWAY       0.40     08/27/49      JPY      64.99
WEST JAPAN RAILWAY       0.96     04/22/61      JPY      66.30
WEST JAPAN RAILWAY       0.95     08/27/60      JPY      66.58
WEST JAPAN RAILWAY       0.96     12/24/59      JPY      67.21
WEST JAPAN RAILWAY       0.73     05/20/50      JPY      70.60
WEST JAPAN RAILWAY       1.02     12/13/56      JPY      71.08
WEST JAPAN RAILWAY       0.83     04/21/51      JPY      71.50
WEST JAPAN RAILWAY       0.82     08/26/50      JPY      72.20
WEST JAPAN RAILWAY       0.80     12/24/49      JPY      72.51
WEST JAPAN RAILWAY       1.16     04/25/58      JPY      73.21


   MALAYSIA
   --------

AXIATA SPV5 LABUAN       3.06     08/19/50      USD      59.57
BERJAYA CORP BHD         2.00     05/29/26      MYR       0.28
CAPITAL A BHD            8.00     12/29/28      MYR       0.86
EASTERN & ORIENTAL       3.80     03/15/28      MYR       0.53
HUME CEMENT INDUSTR      5.00     05/29/24      MYR       2.28
MALAYAN FLOUR MILLS      5.00     01/24/24      MYR       1.28
MALAYSIA WAKALA SUK      3.08     04/28/51      USD      66.24
MALAYSIA WAKALA SUK      3.08     04/28/51      USD      66.39
MEX I CAPITAL BHD        0.10     07/21/42      MYR      34.15
MEX I CAPITAL BHD        0.10     07/21/42      MYR      35.38
PENGURUSAN AIR SPV       1.00     11/11/36      MYR      65.49
PENGURUSAN AIR SPV       1.00     11/05/35      MYR      67.80
PENGURUSAN AIR SPV       1.00     02/05/36      MYR      68.39
PENGURUSAN AIR SPV       1.00     09/28/35      MYR      69.53
PETRONAS CAPITAL LT      3.40     04/28/61      USD      60.97
PETRONAS CAPITAL LT      3.40     04/28/61      USD      60.99
SCANWOLF CORP BHD        3.00     08/04/26      MYR       0.33
SD INTERNATIONAL SU      7.00     03/12/25      USD       2.50
SD INTERNATIONAL SU      6.30     05/09/22      USD       1.42
SPR ENERGY M SDN BH      6.00     07/17/35      MYR      51.46
SPR ENERGY M SDN BH      5.88     07/17/34      MYR      53.61
SPR ENERGY M SDN BH      5.79     07/15/33      MYR      56.19
SPR ENERGY M SDN BH      5.70     07/16/32      MYR      59.16
SPR ENERGY M SDN BH      5.61     07/17/31      MYR      62.60
SPR ENERGY M SDN BH      5.52     07/17/30      MYR      66.45
SPR ENERGY M SDN BH      5.43     07/17/29      MYR      70.69
TWL HOLDINGS BHD         5.00     06/14/28      MYR       0.02
YB VENTURES BHD          0.10     09/05/26      MYR       0.02


   NEW ZEALAND
   -----------

AUCKLAND COUNCIL         2.95     09/28/50      NZD      53.75
HOUSING NEW ZEALAND      1.53     09/10/35      NZD      62.57
NEW ZEALAND GOVERNM      1.75     05/15/41      NZD      58.79
NEW ZEALAND GOVERNM      2.75     05/15/51      NZD      62.75
NEW ZEALAND GOVERNM      2.75     04/15/37      NZD      75.07
NEW ZEALAND LOCAL G      2.00     04/15/37      NZD      61.54
NEW ZEALAND LOCAL G      3.00     05/15/35      NZD      74.33


   PHILIPPINES
   -----------

BAYAN TELECOMMUNICA     15.00     07/15/06      USD      13.71
GLOBE TELECOM INC        3.00     07/23/35      USD      70.67
PHILIPPINE GOVERNME      2.65     12/10/45      USD      60.70
PHILIPPINE GOVERNME      1.75     04/28/41      EUR      63.14
PHILIPPINE GOVERNME      2.95     05/05/45      USD      64.26
PHILIPPINE GOVERNME      3.20     07/06/46      USD      65.73
PHILIPPINE GOVERNME      3.70     02/02/42      USD      74.31
PHILIPPINE GOVERNME      1.20     04/28/33      EUR      74.71
PHILIPPINE GOVERNME      3.70     03/01/41      USD      74.99
PLDT INC                 3.45     06/23/50      USD      63.74


   KOREA
   -----

BUSAN PORT AUTHORIT      1.65     08/21/40      KRW      68.01
BUSAN PORT AUTHORIT      2.39     10/08/51      KRW      68.35
BUSAN PORT AUTHORIT      2.40     10/15/51      KRW      68.45
BUSAN PORT AUTHORIT      1.85     03/20/40      KRW      70.72
BUSAN PORT AUTHORIT      1.65     09/06/36      KRW      73.13
CJ CGV CO LTD            0.50     07/21/52      KRW      12.24
CJ CGV CO LTD            1.00     06/08/51      KRW      17.09
DAYOU PLUS CO LTD        3.00     07/10/27      KRW      57.90
EXPORT-IMPORT BANK       2.51     12/06/49      AUD      47.09
EXPORT-IMPORT BANK       2.70     12/22/36      AUD      64.36
EXPORT-IMPORT BANK       2.50     06/29/41      USD      65.71
EXPORT-IMPORT BANK       2.65     04/07/36      AUD      67.03
EXPORT-IMPORT BANK       3.00     04/14/35      AUD      72.03
EXPORT-IMPORT BANK       3.65     11/17/47      USD      74.95
EXPORT-IMPORT BANK       3.65     11/17/47      USD      74.95
EXPORT-IMPORT BANK       3.65     10/25/47      USD      75.13
EXPORT-IMPORT BANK       2.63     04/25/52      EUR      75.22
GS CALTEX CORP           2.26     03/03/36      KRW      72.77
HANA BANK                1.78     08/23/39      KRW      69.83
HANA BANK                1.80     08/26/40      KRW      69.97
HANA BANK                1.86     08/23/39      KRW      70.30
HEUNGKUK FIRE & MAR      5.70     12/29/46      KRW      27.41
KOREA DEVELOPMENT B      1.85     09/24/49      KRW      57.05
KOREA DEVELOPMENT B      1.86     10/19/50      KRW      57.36
KOREA DEVELOPMENT B      2.00     07/31/49      KRW      57.80
KOREA DEVELOPMENT B      2.00     08/01/49      KRW      57.84
KOREA DEVELOPMENT B      2.00     08/01/49      KRW      57.84
KOREA DEVELOPMENT B      1.91     09/18/50      KRW      58.66
KOREA DEVELOPMENT B      2.50     09/28/41      AUD      59.16
KOREA DEVELOPMENT B      2.55     09/28/41      AUD      59.65
KOREA DEVELOPMENT B      2.14     06/21/49      KRW      60.77
KOREA DEVELOPMENT B      2.37     09/29/46      KRW      61.27
KOREA DEVELOPMENT B      2.30     08/30/51      KRW      61.96
KOREA DEVELOPMENT B      2.30     08/30/51      KRW      61.98
KOREA DEVELOPMENT B      2.78     10/18/41      AUD      62.09
KOREA DEVELOPMENT B      2.12     06/21/49      KRW      62.88
KOREA DEVELOPMENT B      2.30     10/11/46      KRW      63.71
KOREA DEVELOPMENT B      2.40     05/20/49      KRW      65.36
KOREA DEVELOPMENT B      3.19     11/26/41      AUD      66.10
KOREA DEVELOPMENT B      2.63     07/02/51      KRW      66.42
KOREA DEVELOPMENT B      3.24     11/30/41      AUD      66.63
KOREA DEVELOPMENT B      2.42     05/20/49      KRW      67.23
KOREA DEVELOPMENT B      2.42     02/15/49      KRW      67.58
KOREA DEVELOPMENT B      2.75     10/07/51      KRW      68.88
KOREA DEVELOPMENT B      2.55     09/30/36      AUD      69.24
KOREA DEVELOPMENT B      2.50     03/19/49      KRW      69.31
KOREA DEVELOPMENT B      2.55     02/27/49      KRW      70.05
KOREA DEVELOPMENT B      1.71     08/09/39      KRW      70.44
KOREA DEVELOPMENT B      2.57     04/01/36      AUD      70.54
KOREA DEVELOPMENT B      2.97     10/21/51      KRW      70.85
KOREA DEVELOPMENT B      4.10     03/19/48      USD      70.92
KOREA DEVELOPMENT B      1.85     09/15/40      KRW      71.29
KOREA DEVELOPMENT B      1.95     11/12/40      KRW      72.14
KOREA DEVELOPMENT B      3.00     10/19/51      KRW      72.20
KOREA DEVELOPMENT B      3.00     10/19/51      KRW      72.22
KOREA DEVELOPMENT B      3.00     01/19/52      KRW      72.54
KOREA DEVELOPMENT B      3.00     01/19/52      KRW      72.54
KOREA DEVELOPMENT B      3.00     01/17/52      KRW      72.75
KOREA DEVELOPMENT B      3.00     01/17/52      KRW      72.75
KOREA DEVELOPMENT B      2.75     09/13/48      KRW      73.07
KOREA DEVELOPMENT B      2.95     10/11/48      KRW      73.79
KOREA DEVELOPMENT B      2.52     12/17/43      KRW      74.73
KOREA DEVELOPMENT B      2.20     06/03/39      KRW      75.00
KOREA DEVELOPMENT B      2.87     10/30/48      KRW      75.32
KOREA DEVELOPMENT B      2.92     10/11/48      KRW      75.40
KOREA DEVELOPMENT B      2.86     11/29/41      KRW      79.95
KOREA DISTRICT HEAT      1.88     11/06/39      KRW      71.24
KOREA DISTRICT HEAT      1.98     04/26/39      KRW      73.03
KOREA EAST-WEST POW      1.42     10/07/49      KRW      45.69
KOREA EAST-WEST POW      1.70     07/16/50      KRW      48.84
KOREA EAST-WEST POW      2.16     03/07/49      KRW      56.84
KOREA EAST-WEST POW      2.23     11/05/48      KRW      57.69
KOREA EAST-WEST POW      1.47     10/07/39      KRW      59.46
KOREA EAST-WEST POW      2.52     11/22/51      KRW      59.95
KOREA EAST-WEST POW      1.70     07/16/40      KRW      60.63
KOREA EAST-WEST POW      1.78     11/24/40      KRW      61.25
KOREA EAST-WEST POW      2.18     03/07/39      KRW      68.14
KOREA EAST-WEST POW      2.56     11/22/41      KRW      68.99
KOREA EAST-WEST POW      2.62     11/03/41      KRW      69.31
KOREA EAST-WEST POW      2.30     11/05/38      KRW      69.58
KOREA ELECTRIC POWE      1.71     10/24/49      KRW      57.54
KOREA ELECTRIC POWE      2.30     10/29/48      KRW      67.26
KOREA EXPRESSWAY CO      1.32     08/22/49      KRW      53.92
KOREA EXPRESSWAY CO      1.47     09/25/49      KRW      56.01
KOREA EXPRESSWAY CO      1.52     03/12/50      KRW      56.47
KOREA EXPRESSWAY CO      1.71     10/29/50      KRW      58.66
KOREA EXPRESSWAY CO      1.71     04/09/50      KRW      59.22
KOREA EXPRESSWAY CO      1.57     08/26/46      KRW      60.80
KOREA EXPRESSWAY CO      1.81     11/12/50      KRW      61.08
KOREA EXPRESSWAY CO      1.86     12/23/50      KRW      61.60
KOREA EXPRESSWAY CO      1.79     05/30/49      KRW      61.84
KOREA EXPRESSWAY CO      2.04     08/13/51      KRW      63.73
KOREA EXPRESSWAY CO      1.96     04/11/49      KRW      64.04
KOREA EXPRESSWAY CO      1.98     04/25/49      KRW      64.13
KOREA EXPRESSWAY CO      2.10     09/09/51      KRW      64.49
KOREA EXPRESSWAY CO      1.85     10/24/46      KRW      64.50
KOREA EXPRESSWAY CO      2.14     07/09/51      KRW      65.67
KOREA EXPRESSWAY CO      2.00     12/07/48      KRW      65.77
KOREA EXPRESSWAY CO      1.90     11/10/46      KRW      65.99
KOREA EXPRESSWAY CO      2.18     03/11/51      KRW      66.23
KOREA EXPRESSWAY CO      2.13     03/19/49      KRW      66.78
KOREA EXPRESSWAY CO      2.20     06/17/51      KRW      66.80
KOREA EXPRESSWAY CO      2.14     03/08/49      KRW      67.09
KOREA EXPRESSWAY CO      2.15     02/22/49      KRW      67.27
KOREA EXPRESSWAY CO      2.28     04/08/51      KRW      67.59
KOREA EXPRESSWAY CO      2.01     05/25/46      KRW      67.92
KOREA EXPRESSWAY CO      2.30     12/03/51      KRW      68.35
KOREA EXPRESSWAY CO      1.58     05/21/40      KRW      68.37
KOREA EXPRESSWAY CO      1.63     06/18/40      KRW      68.78
KOREA EXPRESSWAY CO      2.20     11/22/48      KRW      68.78
KOREA EXPRESSWAY CO      1.73     11/05/40      KRW      69.01
KOREA EXPRESSWAY CO      2.39     10/14/51      KRW      69.01
KOREA EXPRESSWAY CO      2.35     12/16/51      KRW      69.03
KOREA EXPRESSWAY CO      1.73     04/24/40      KRW      69.54
KOREA EXPRESSWAY CO      2.30     09/14/48      KRW      69.86
KOREA EXPRESSWAY CO      2.40     11/11/51      KRW      70.17
KOREA EXPRESSWAY CO      1.78     04/02/40      KRW      70.35
KOREA EXPRESSWAY CO      2.43     11/19/51      KRW      70.55
KOREA EXPRESSWAY CO      2.30     02/17/47      KRW      71.25
KOREA EXPRESSWAY CO      2.35     09/21/47      KRW      71.33
KOREA EXPRESSWAY CO      2.31     06/21/47      KRW      71.44
KOREA EXPRESSWAY CO      2.35     03/17/47      KRW      71.75
KOREA EXPRESSWAY CO      2.58     01/21/52      KRW      72.50
KOREA EXPRESSWAY CO      2.59     10/28/51      KRW      72.80
KOREA EXPRESSWAY CO      2.07     07/23/41      KRW      72.87
KOREA EXPRESSWAY CO      1.54     07/20/36      KRW      72.93
KOREA EXPRESSWAY CO      2.15     04/15/41      KRW      73.64
KOREA EXPRESSWAY CO      2.15     03/26/41      KRW      73.86
KOREA EXPRESSWAY CO      2.54     12/08/47      KRW      74.66
KOREA EXPRESSWAY CO      2.77     02/11/52      KRW      75.50
KOREA GAS CORP           1.80     08/22/44      KRW      65.72
KOREA GAS CORP           1.60     10/17/39      KRW      67.78
KOREA GAS CORP           1.66     02/20/40      KRW      68.31
KOREA GAS CORP           1.70     11/28/39      KRW      69.05
KOREA GAS CORP           1.77     06/22/36      KRW      74.22
KOREA GAS CORP           2.14     02/19/39      KRW      74.92
KOREA GAS CORP           2.16     03/07/39      KRW      75.01
KOREA HYDRO & NUCLE      1.59     05/25/50      KRW      49.91
KOREA HYDRO & NUCLE      1.58     10/16/49      KRW      50.12
KOREA HYDRO & NUCLE      1.66     06/15/50      KRW      50.82
KOREA HYDRO & NUCLE      1.70     11/27/49      KRW      52.02
KOREA HYDRO & NUCLE      1.78     11/23/50      KRW      52.33
KOREA HYDRO & NUCLE      1.80     04/02/50      KRW      52.98
KOREA HYDRO & NUCLE      1.83     04/28/50      KRW      53.24
KOREA HYDRO & NUCLE      1.82     06/05/49      KRW      54.08
KOREA HYDRO & NUCLE      2.31     06/29/51      KRW      59.54
KOREA HYDRO & NUCLE      2.25     10/26/48      KRW      60.51
KOREA HYDRO & NUCLE      2.45     10/14/51      KRW      61.34
KOREA HYDRO & NUCLE      1.57     05/25/40      KRW      61.80
KOREA HYDRO & NUCLE      1.63     06/15/40      KRW      62.27
KOREA HYDRO & NUCLE      1.59     10/16/39      KRW      62.78
KOREA HYDRO & NUCLE      2.59     11/03/51      KRW      63.22
KOREA HYDRO & NUCLE      1.80     11/23/40      KRW      63.71
KOREA HYDRO & NUCLE      2.41     09/18/47      KRW      63.92
KOREA HYDRO & NUCLE      1.81     04/28/40      KRW      64.34
KOREA HYDRO & NUCLE      1.80     04/02/40      KRW      64.45
KOREA HYDRO & NUCLE      2.47     10/17/47      KRW      64.55
KOREA HYDRO & NUCLE      1.76     11/27/39      KRW      64.66
KOREA HYDRO & NUCLE      1.81     06/05/39      KRW      65.87
KOREA HYDRO & NUCLE      2.31     06/29/41      KRW      68.61
KOREA HYDRO & NUCLE      2.81     06/05/48      KRW      69.06
KOREA HYDRO & NUCLE      2.97     02/17/52      KRW      69.40
KOREA HYDRO & NUCLE      3.02     03/11/52      KRW      69.93
KOREA HYDRO & NUCLE      2.88     05/11/48      KRW      70.30
KOREA HYDRO & NUCLE      2.49     10/14/41      KRW      70.31
KOREA HYDRO & NUCLE      2.60     11/03/41      KRW      71.45
KOREA LAND & HOUSIN      1.28     08/23/49      KRW      53.15
KOREA LAND & HOUSIN      1.54     03/09/50      KRW      56.70
KOREA LAND & HOUSIN      1.57     05/27/50      KRW      57.33
KOREA LAND & HOUSIN      2.17     10/30/68      KRW      57.35
KOREA LAND & HOUSIN      1.65     08/27/50      KRW      58.14
KOREA LAND & HOUSIN      1.66     09/18/50      KRW      58.14
KOREA LAND & HOUSIN      1.67     07/07/50      KRW      58.77
KOREA LAND & HOUSIN      1.78     04/29/50      KRW      60.12
KOREA LAND & HOUSIN      1.78     04/08/50      KRW      60.28
KOREA LAND & HOUSIN      1.74     01/22/50      KRW      60.28
KOREA LAND & HOUSIN      1.70     06/13/49      KRW      60.29
KOREA LAND & HOUSIN      1.62     07/27/46      KRW      61.53
KOREA LAND & HOUSIN      1.61     07/19/46      KRW      61.55
KOREA LAND & HOUSIN      1.97     01/29/51      KRW      63.04
KOREA LAND & HOUSIN      1.87     05/24/49      KRW      63.11
KOREA LAND & HOUSIN      1.83     10/19/46      KRW      64.02
KOREA LAND & HOUSIN      2.15     09/15/51      KRW      65.24
KOREA LAND & HOUSIN      2.15     03/05/51      KRW      65.62
KOREA LAND & HOUSIN      1.61     06/10/40      KRW      67.90
KOREA LAND & HOUSIN      1.66     08/27/40      KRW      68.38
KOREA LAND & HOUSIN      2.37     10/20/51      KRW      68.47
KOREA LAND & HOUSIN      1.68     07/02/40      KRW      68.62
KOREA LAND & HOUSIN      2.33     05/25/51      KRW      68.98
KOREA LAND & HOUSIN      1.89     01/22/41      KRW      70.44
KOREA LAND & HOUSIN      2.29     06/22/47      KRW      70.92
KOREA LAND & HOUSIN      2.31     01/18/47      KRW      71.38
KOREA LAND & HOUSIN      2.32     06/16/47      KRW      71.38
KOREA LAND & HOUSIN      2.45     08/29/48      KRW      72.19
KOREA LAND & HOUSIN      1.57     09/08/36      KRW      72.61
KOREA LAND & HOUSIN      1.60     09/28/36      KRW      72.69
KOREA LAND & HOUSIN      2.36     01/26/46      KRW      72.80
KOREA LAND & HOUSIN      2.08     02/23/41      KRW      72.98
KOREA LAND & HOUSIN      2.54     05/24/47      KRW      74.92
KOREA LAND & HOUSIN      2.76     02/11/52      KRW      75.17
KOREA LAND & HOUSIN      3.00     11/04/51      KRW      75.63
KOREA LAND & HOUSIN      2.67     07/23/48      KRW      75.72
KOREA MIDLAND POWER      1.53     02/25/50      KRW      46.96
KOREA MIDLAND POWER      1.69     06/18/50      KRW      48.92
KOREA MIDLAND POWER      1.72     06/18/49      KRW      50.20
KOREA MIDLAND POWER      1.86     11/13/49      KRW      51.98
KOREA MIDLAND POWER      1.95     05/21/49      KRW      53.68
KOREA MIDLAND POWER      1.99     03/26/49      KRW      54.27
KOREA MIDLAND POWER      2.17     10/31/48      KRW      56.93
KOREA MIDLAND POWER      2.17     02/08/49      KRW      57.09
KOREA MIDLAND POWER      2.26     09/10/48      KRW      58.56
KOREA MIDLAND POWER      1.53     02/25/40      KRW      59.63
KOREA MIDLAND POWER      1.64     07/21/40      KRW      59.88
KOREA MIDLAND POWER      1.59     03/18/40      KRW      60.12
KOREA MIDLAND POWER      1.66     08/25/40      KRW      60.25
KOREA MIDLAND POWER      1.66     06/18/40      KRW      60.42
KOREA MIDLAND POWER      1.75     06/18/39      KRW      63.04
KOREA MIDLAND POWER      1.92     10/30/39      KRW      64.09
KOREA MIDLAND POWER      2.87     01/24/52      KRW      64.50
KOREA MIDLAND POWER      1.96     05/21/39      KRW      65.57
KOREA MIDLAND POWER      3.01     02/17/52      KRW      67.10
KOREA MIDLAND POWER      2.19     02/08/39      KRW      68.58
KOREA MIDLAND POWER      2.24     10/31/38      KRW      69.01
KOREA MIDLAND POWER      2.30     09/10/38      KRW      70.12
KOREA MIDLAND POWER      2.83     01/17/42      KRW      71.57
KOREA MIDLAND POWER      2.47     08/03/37      KRW      73.14
KOREA MIDLAND POWER      1.70     10/30/37      EUR      73.57
KOREA MIDLAND POWER      2.70     07/09/38      KRW      74.35
KOREA MINE REHABILI      3.01     02/26/40      AUD      57.53
KOREA MINE REHABILI      1.93     07/15/50      KRW      60.33
KOREA MINE REHABILI      2.07     01/06/51      KRW      62.29
KOREA MINE REHABILI      3.20     07/15/40      USD      67.58
KOREA MINE REHABILI      1.90     07/13/40      KRW      69.64
KOREA MINE REHABILI      2.06     04/03/40      KRW      71.86
KOREA NATIONAL RAIL      1.46     09/27/49      KRW      55.49
KOREA NATIONAL RAIL      1.51     10/11/49      KRW      56.13
KOREA NATIONAL RAIL      1.59     05/21/50      KRW      57.42
KOREA NATIONAL RAIL      1.64     02/19/50      KRW      58.06
KOREA NATIONAL RAIL      1.65     02/03/50      KRW      58.42
KOREA NATIONAL RAIL      1.76     04/23/50      KRW      59.52
KOREA NATIONAL RAIL      1.75     11/20/49      KRW      60.44
KOREA NATIONAL RAIL      1.85     11/05/49      KRW      61.23
KOREA NATIONAL RAIL      1.72     06/28/46      KRW      62.92
KOREA NATIONAL RAIL      2.03     08/06/51      KRW      63.17
KOREA NATIONAL RAIL      1.93     05/16/49      KRW      63.73
KOREA NATIONAL RAIL      2.10     03/25/51      KRW      64.29
KOREA NATIONAL RAIL      2.15     07/13/51      KRW      65.39
KOREA NATIONAL RAIL      1.90     06/13/46      KRW      65.67
KOREA NATIONAL RAIL      2.36     10/08/51      KRW      68.16
KOREA NATIONAL RAIL      2.20     11/13/48      KRW      68.40
KOREA NATIONAL RAIL      2.13     04/04/46      KRW      68.49
KOREA NATIONAL RAIL      1.65     06/24/40      KRW      68.54
KOREA NATIONAL RAIL      2.28     09/12/48      KRW      69.03
KOREA NATIONAL RAIL      2.41     11/17/51      KRW      69.69
KOREA NATIONAL RAIL      2.31     02/14/47      KRW      70.79
KOREA NATIONAL RAIL      2.55     11/04/51      KRW      70.88
KOREA NATIONAL RAIL      2.35     03/20/47      KRW      71.04
KOREA NATIONAL RAIL      2.56     10/26/51      KRW      71.17
KOREA NATIONAL RAIL      2.43     04/20/47      KRW      71.97
KOREA NATIONAL RAIL      2.43     04/06/47      KRW      72.03
KOREA NATIONAL RAIL      2.42     08/07/47      KRW      72.16
KOREA NATIONAL RAIL      2.41     06/08/47      KRW      72.48
KOREA NATIONAL RAIL      2.52     05/19/47      KRW      73.57
KOREA NATIONAL RAIL      2.78     03/11/52      KRW      74.93
KOREA NATIONAL RAIL      1.75     06/20/36      KRW      74.95
KOREA NATIONAL RAIL      2.66     06/27/48      KRW      75.46
KOREA OCEAN BUSINES      1.50     09/27/49      KRW      56.13
KOREA OCEAN BUSINES      1.59     05/22/50      KRW      57.14
KOREA OCEAN BUSINES      1.69     10/27/50      KRW      58.02
KOREA OCEAN BUSINES      1.63     12/11/49      KRW      58.12
KOREA OCEAN BUSINES      1.67     06/16/50      KRW      58.24
KOREA OCEAN BUSINES      1.70     04/16/50      KRW      58.68
KOREA OCEAN BUSINES      2.01     03/28/49      KRW      64.48
KOREA OVERSEAS INFR      1.76     10/28/50      KRW      58.59
KOREA RAILROAD CORP      1.31     08/29/49      KRW      53.50
KOREA RAILROAD CORP      1.44     07/26/49      KRW      55.68
KOREA RAILROAD CORP      1.47     09/19/49      KRW      55.83
KOREA RAILROAD CORP      1.56     03/18/50      KRW      56.85
KOREA RAILROAD CORP      1.61     08/12/50      KRW      57.31
KOREA RAILROAD CORP      1.59     07/18/49      KRW      58.20
KOREA RAILROAD CORP      1.67     04/14/50      KRW      58.43
KOREA RAILROAD CORP      2.04     07/22/51      KRW      63.72
KOREA RAILROAD CORP      2.01     04/24/49      KRW      64.34
KOREA RAILROAD CORP      2.00     04/05/49      KRW      64.38
KOREA RAILROAD CORP      1.88     10/27/46      KRW      64.51
KOREA RAILROAD CORP      1.94     11/03/46      KRW      65.45
KOREA RAILROAD CORP      2.19     04/14/51      KRW      65.82
KOREA RAILROAD CORP      2.13     03/13/49      KRW      66.57
KOREA RAILROAD CORP      1.41     04/11/39      EUR      69.43
KOREA RAILROAD CORP      1.88     10/25/38      EUR      70.34
KOREA RAILROAD CORP      2.51     11/05/51      KRW      70.50
KOREA RAILROAD CORP      2.38     09/12/47      KRW      71.42
KOREA RAILROAD CORP      2.38     09/19/47      KRW      71.44
KOREA RAILROAD CORP      2.38     07/20/47      KRW      71.84
KOREA RAILROAD CORP      2.40     03/21/47      KRW      71.97
KOREA RAILROAD CORP      2.40     03/03/47      KRW      72.18
KOREA RAILROAD CORP      2.35     12/06/46      KRW      72.25
KOREA RAILROAD CORP      2.43     03/07/47      KRW      72.37
KOREA RAILROAD CORP      1.56     08/26/36      KRW      72.52
KOREA RAILROAD CORP      1.57     08/09/36      KRW      72.79
KOREA RAILROAD CORP      2.39     11/23/46      KRW      72.90
KOREA RAILROAD CORP      2.49     04/12/47      KRW      73.15
KOREA RAILROAD CORP      2.68     02/07/52      KRW      73.71
KOREA RAILROAD CORP      2.59     10/30/47      KRW      74.21
KOREA RAILROAD CORP      2.55     12/15/47      KRW      74.48
KOREA RAILROAD CORP      2.80     03/04/52      KRW      75.51
KOREA SMES AND STAR      1.87     03/24/50      KRW      61.54
KOREA SMES AND STAR      1.31     08/09/39      KRW      65.48
KOREA SMES AND STAR      1.64     10/16/40      KRW      67.61
KOREA SMES AND STAR      1.76     09/03/40      KRW      69.32
KOREA SMES AND STAR      1.78     03/20/40      KRW      69.99
KOREA SMES AND STAR      1.84     11/14/39      KRW      71.33
KOREA SOUTH-EAST PO      1.65     06/11/50      KRW      48.30
KOREA SOUTH-EAST PO      1.69     06/26/49      KRW      49.77
KOREA SOUTH-EAST PO      1.96     01/26/51      KRW      52.06
KOREA SOUTH-EAST PO      2.19     11/09/48      KRW      57.68
KOREA SOUTH-EAST PO      2.47     11/09/51      KRW      59.32
KOREA SOUTH-EAST PO      1.63     06/11/40      KRW      60.17
KOREA SOUTH-EAST PO      1.68     06/26/39      KRW      62.24
KOREA SOUTH-EAST PO      1.97     01/26/41      KRW      62.82
KOREA SOUTH-EAST PO      2.60     07/26/48      KRW      63.14
KOREA SOUTH-EAST PO      2.77     04/12/48      KRW      65.78
KOREA SOUTH-EAST PO      3.13     03/28/52      KRW      68.40
KOREA SOUTH-EAST PO      2.32     11/09/38      KRW      70.28
KOREA SOUTH-EAST PO      2.64     07/26/38      KRW      73.53
KOREA SOUTHERN POWE      1.29     08/13/49      KRW      44.13
KOREA SOUTHERN POWE      1.63     12/19/49      KRW      48.48
KOREA SOUTHERN POWE      1.68     06/25/50      KRW      48.68
KOREA SOUTHERN POWE      1.80     11/20/49      KRW      51.14
KOREA SOUTHERN POWE      1.33     08/13/39      KRW      58.42
KOREA SOUTHERN POWE      1.66     06/25/40      KRW      60.42
KOREA SOUTHERN POWE      1.66     06/18/40      KRW      60.42
KOREA SOUTHERN POWE      2.59     11/04/51      KRW      60.50
KOREA SOUTHERN POWE      2.43     09/28/48      KRW      60.84
KOREA SOUTHERN POWE      1.67     12/19/39      KRW      61.32
KOREA SOUTHERN POWE      1.84     11/20/39      KRW      63.54
KOREA SOUTHERN POWE      2.38     07/28/41      KRW      66.82
KOREA SOUTHERN POWE      2.66     11/04/41      KRW      69.66
KOREA SOUTHERN POWE      2.60     06/03/41      KRW      70.89
KOREA SOUTHERN POWE      2.50     06/16/37      KRW      73.94
KOREA SOUTHERN POWE      2.57     07/07/37      KRW      74.39
KOREA SOUTHERN POWE      3.60     04/26/52      KRW      74.95
KOREA STUDENT AID F      1.41     09/06/39      KRW      67.06
KOREA STUDENT AID F      1.88     03/25/40      KRW      71.80
KOREA STUDENT AID F      1.54     09/28/36      KRW      72.59
KOREA STUDENT AID F      1.52     08/24/36      KRW      72.71
KOREA STUDENT AID F      1.52     08/25/36      KRW      72.71
KOREA STUDENT AID F      1.63     09/22/36      KRW      73.61
KOREA STUDENT AID F      1.69     10/25/36      KRW      73.84
KOREA TREASURY BOND      1.50     09/10/66      KRW      50.30
KOREA TREASURY BOND      1.63     09/10/70      KRW      51.42
KOREA TREASURY BOND      2.00     09/10/68      KRW      60.08
KOREA TREASURY BOND      1.50     03/10/50      KRW      62.21
KOREA TREASURY BOND      1.13     09/10/39      KRW      66.56
KOREA TREASURY BOND      1.88     03/10/51      KRW      66.90
KOREA TREASURY BOND      2.00     03/10/49      KRW      68.70
KOREA TREASURY BOND      1.50     09/10/40      KRW      70.30
KOREA TREASURY BOND      2.00     03/10/46      KRW      71.08
KOREA TREASURY BOND      2.13     03/10/47      KRW      72.31
KOREA TREASURY BOND      1.88     09/10/41      KRW      73.16
KOREA TREASURY BOND      1.50     09/10/36      KRW      74.53
KOREA TREASURY BOND      2.50     03/10/52      KRW      75.60
KOREA WATER RESOURC      1.54     03/13/50      KRW      56.76
KOREA WATER RESOURC      1.63     10/21/49      KRW      58.34
KOREA WATER RESOURC      1.63     07/16/49      KRW      59.07
KOREA WATER RESOURC      1.68     07/01/49      KRW      59.79
KOREA WATER RESOURC      1.71     01/10/50      KRW      59.91
KOREA WATER RESOURC      1.82     06/22/46      KRW      64.88
KOREA WATER RESOURC      1.97     12/20/48      KRW      64.95
KOREA WATER RESOURC      1.83     06/24/46      KRW      65.06
KOREA WATER RESOURC      2.56     05/26/51      KRW      68.68
KOREA WATER RESOURC      2.94     03/13/48      KRW      71.07
KOREA WATER RESOURC      2.30     02/09/47      KRW      71.16
KOREA WATER RESOURC      1.74     06/14/39      KRW      71.22
KOREA WATER RESOURC      2.39     03/24/47      KRW      72.07
KOREA WATER RESOURC      2.41     12/13/46      KRW      73.22
KOREA WATER RESOURC      1.76     10/18/36      KRW      74.28
KOREA WATER RESOURC      1.56     08/24/35      KRW      74.36
KOREA WATER RESOURC      2.54     12/21/47      KRW      74.54
KOREA WATER RESOURC      2.37     12/18/43      KRW      75.44
KOREA WESTERN POWER      1.62     05/28/50      KRW      47.95
KOREA WESTERN POWER      1.68     08/27/50      KRW      48.67
KOREA WESTERN POWER      1.76     11/05/50      KRW      49.27
KOREA WESTERN POWER      1.88     12/22/50      KRW      51.15
KOREA WESTERN POWER      2.20     11/01/48      KRW      57.32
KOREA WESTERN POWER      2.25     09/14/48      KRW      58.38
KOREA WESTERN POWER      1.59     05/28/40      KRW      59.84
KOREA WESTERN POWER      1.68     08/27/40      KRW      60.47
KOREA WESTERN POWER      1.69     06/23/40      KRW      60.77
KOREA WESTERN POWER      2.46     09/28/47      KRW      62.07
KOREA WESTERN POWER      2.81     04/20/48      KRW      66.26
KOREA WESTERN POWER      2.50     11/10/41      KRW      68.46
KOREA WESTERN POWER      2.25     11/01/38      KRW      69.07
KOREA WESTERN POWER      3.20     03/28/52      KRW      69.45
KOREA WESTERN POWER      2.27     09/14/38      KRW      69.80
KOREA WESTERN POWER      2.78     01/24/42      KRW      70.96
KOREA WESTERN POWER      2.47     07/21/37      KRW      73.24
KOREA WESTERN POWER      2.47     06/23/37      KRW      73.55
KOREA WESTERN POWER      2.51     09/05/37      KRW      73.79
KT CORP                  1.71     06/15/40      KRW      61.40
KT CORP                  1.67     10/11/39      KRW      61.97
KT CORP                  1.98     01/25/41      KRW      63.25
KT CORP                  2.21     01/14/39      KRW      68.90
KT CORP                  2.35     01/28/36      KRW      74.86
L&F CO LTD               2.50     04/26/30      USD      71.38
LG CHEM LTD              2.22     02/19/36      KRW      72.62
LG ELECTRONICS INC       2.66     07/06/40      KRW      67.43
LG ELECTRONICS INC       2.83     02/09/41      KRW      69.21
LG ELECTRONICS INC       2.22     02/25/35      KRW      73.90
LG UPLUS CORP            2.10     02/02/36      KRW      70.44
LG UPLUS CORP            2.94     11/01/41      KRW      70.53
LG UPLUS CORP            3.01     01/26/42      KRW      71.09
LG UPLUS CORP            2.06     01/21/35      KRW      72.19
LG UPLUS CORP            2.14     07/02/34      KRW      74.12
SAMPYO CEMENT CO LT      8.10     06/26/15      KRW      70.00
SAMPYO CEMENT CO LT      8.10     04/12/15      KRW      70.00
SAMPYO CEMENT CO LT      8.30     09/10/14      KRW      70.00
SAMPYO CEMENT CO LT      7.50     07/20/14      KRW      70.00
SAMPYO CEMENT CO LT      8.30     04/20/14      KRW      70.00
SANUPKIBAN SINBO SE      3.40     02/16/51      KRW      71.47
SANUPKIBAN SINBO SE      3.39     08/17/50      KRW      71.60
SANUPKIBAN SINBO SE      3.38     02/16/50      KRW      71.77
SANUPKIBAN SINBO SE      3.37     08/17/49      KRW      71.99
SANUPKIBAN SINBO SE      3.36     02/16/49      KRW      72.18
SANUPKIBAN SINBO SE      3.35     08/18/48      KRW      72.37
SANUPKIBAN SINBO SE      2.94     09/17/41      KRW      72.50
SANUPKIBAN SINBO SE      3.34     02/18/48      KRW      72.58
SANUPKIBAN SINBO SE      3.33     08/19/47      KRW      72.79
SANUPKIBAN SINBO SE      2.93     04/01/41      KRW      72.87
SANUPKIBAN SINBO SE      3.32     02/18/47      KRW      72.99
SANUPKIBAN SINBO SE      3.31     08/17/46      KRW      73.22
SANUPKIBAN SINBO SE      3.30     02/16/46      KRW      73.44
SANUPKIBAN SINBO SE      3.29     08/17/45      KRW      73.67
SANUPKIBAN SINBO SE      2.92     04/01/40      KRW      73.87
SANUPKIBAN SINBO SE      3.28     02/20/45      KRW      73.91
SANUPKIBAN SINBO SE      3.27     08/17/44      KRW      74.11
SANUPKIBAN SINBO SE      2.91     04/01/39      KRW      74.96
SANUPKIBANSINBO BUS      1.89     09/17/41      KRW      61.42
SANUPKIBANSINBO BUS      1.87     10/01/40      KRW      62.64
SANUPKIBANSINBO BUS      1.85     10/01/38      KRW      65.46
SANUPKIBANSINBO BUS      1.83     10/01/36      KRW      68.62
SANUPKIBANSINBO BUS      1.81     10/01/34      KRW      72.31
SEOUL METROPOLITAN       1.69     11/22/49      KRW      62.17
SEOUL METROPOLITAN       1.85     10/30/49      KRW      63.96
SHINHAN BANK CO LTD      1.80     08/29/39      KRW      68.38
SHINHAN BANK CO LTD      2.10     01/29/40      KRW      73.75
SHINHAN BANK CO LTD      1.91     03/20/40      KRW      73.79
SHINHAN BANK CO LTD      1.91     03/20/40      KRW      73.79
SHINHAN BANK CO LTD      2.02     10/23/39      KRW      74.24
SHINHAN BANK CO LTD      2.17     11/27/39      KRW      75.44
SK HYNIX INC             2.38     01/19/31      USD      75.40
SK HYNIX INC             2.38     01/19/31      USD      75.76
SK TELECOM CO LTD        1.56     07/29/49      KRW      48.67
SK TELECOM CO LTD        1.52     07/29/39      KRW      61.40
SK TELECOM CO LTD        1.76     10/19/40      KRW      62.00
SK TELECOM CO LTD        1.89     01/15/41      KRW      63.17
SK TELECOM CO LTD        1.81     10/22/39      KRW      64.13
SK TELECOM CO LTD        1.87     01/14/40      KRW      64.42
SK TELECOM CO LTD        2.23     03/06/39      KRW      70.02
SK TELECOM CO LTD        2.68     10/28/41      KRW      71.22
SK TELECOM CO LTD        2.44     09/17/38      KRW      72.86
SK TELECOM CO LTD        2.24     03/04/36      KRW      74.94


   SRI LANKA
   ---------

SRI LANKA GOVERNMEN      8.00     01/01/32      LKR      66.99
SRI LANKA GOVERNMEN      9.00     06/01/43      LKR      67.12
SRI LANKA GOVERNMEN      9.00     11/01/33      LKR      73.42
SRI LANKA GOVERNMEN      9.00     06/01/33      LKR      73.87
SRI LANKA GOVERNMEN      9.00     10/01/32      LKR      74.66
SRI LANKA GOVERNMEN      7.85     03/14/29      USD      50.25
SRI LANKA GOVERNMEN      6.20     05/11/27      USD      50.32
SRI LANKA GOVERNMEN      7.55     03/28/30      USD      50.34
SRI LANKA GOVERNMEN      6.20     05/11/27      USD      50.34
SRI LANKA GOVERNMEN      7.85     03/14/29      USD      50.35
SRI LANKA GOVERNMEN      6.75     04/18/28      USD      50.35
SRI LANKA GOVERNMEN      7.55     03/28/30      USD      50.40
SRI LANKA GOVERNMEN      6.75     04/18/28      USD      50.46
SRI LANKA GOVERNMEN      6.35     06/28/24      USD      51.82
SRI LANKA GOVERNMEN      6.85     03/14/24      USD      51.86
SRI LANKA GOVERNMEN      6.85     03/14/24      USD      51.86
SRI LANKA GOVERNMEN      6.85     11/03/25      USD      51.92
SRI LANKA GOVERNMEN      6.35     06/28/24      USD      51.94
SRI LANKA GOVERNMEN      6.85     11/03/25      USD      51.96
SRI LANKA GOVERNMEN      6.83     07/18/26      USD      51.98
SRI LANKA GOVERNMEN      6.13     06/03/25      USD      51.99
SRI LANKA GOVERNMEN      6.83     07/18/26      USD      52.00
SRI LANKA GOVERNMEN      6.13     06/03/25      USD      52.13
SRI LANKA GOVERNMEN      5.75     04/18/23      USD      52.48
SRI LANKA GOVERNMEN      5.75     04/18/23      USD      52.77
SRI LANKA GOVERNMEN      5.88     07/25/22      USD      52.96
SRI LANKA GOVERNMEN      5.88     07/25/22      USD      53.01
SRILANKAN AIRLINES       7.00     06/25/24      USD      55.00


   SINGAPORE
   ---------

ASL MARINE HOLDINGS      3.00     03/28/25      SGD      41.62
ASL MARINE HOLDINGS      3.00     10/01/26      SGD      41.63
BAKRIE TELECOM PTE      11.50     05/07/15      USD       0.23
BAKRIE TELECOM PTE      11.50     05/07/15      USD       0.23
BLD INVESTMENTS PTE      8.63     03/23/15      USD       6.75
DAVOMAS INTERNATION     11.00     12/08/14      USD       0.34
DAVOMAS INTERNATION     11.00     12/08/14      USD       0.34
DAVOMAS INTERNATION     11.00     05/09/11      USD       0.34
DAVOMAS INTERNATION     11.00     05/09/11      USD       0.34
DBS BANK LTD             1.15     01/22/50      EUR      49.02
DBS BANK LTD             1.22     02/18/50      EUR      50.35
DBS BANK LTD             1.41     01/23/50      EUR      52.87
DBS BANK LTD             1.42     06/28/49      EUR      53.82
DBS BANK LTD             1.55     06/07/49      EUR      55.69
DBS BANK LTD             2.95     10/28/51      AUD      59.79
DBS BANK LTD             1.83     04/12/49      EUR      59.86
DBS BANK LTD             3.90     08/30/38      USD      75.73
ENERCOAL RESOURCES       9.25     08/05/14      USD      45.75
EZRA HOLDINGS LTD        4.88     04/24/18      SGD       5.00
GLP PTE LTD              3.88     06/04/25      USD      59.65
GOLDEN LEGACY PTE L      6.88     03/27/24      USD       2.55
GOLDEN LEGACY PTE L      6.88     03/27/24      USD       2.81
INDO INFRASTRUCTURE      2.00     07/30/10      USD       1.00
ITNL OFFSHORE PTE L      7.50     01/18/21      CNY      19.03
JGC VENTURES PTE LT      3.00     06/30/25      USD      29.35
LMIRT CAPITAL PTE L      7.50     02/09/26      USD      59.36
LMIRT CAPITAL PTE L      7.25     06/19/24      USD      68.46
MICLYN EXPRESS OFFS      8.75     11/25/18      USD       0.82
MODERNLAND OVERSEAS      5.00     04/30/27      USD      34.13
MODERNLAND OVERSEAS      5.00     04/30/27      USD      34.28
NOMURA INTERNATIONA      3.17     10/30/44      AUD      51.06
NOMURA INTERNATIONA      1.38     07/31/44      EUR      53.60
NOMURA INTERNATIONA      5.65     11/28/36      USD      56.83
NOMURA INTERNATIONA      3.30     06/18/50      USD      57.35
NOMURA INTERNATIONA     19.50     08/28/28      TRY      57.66
NOMURA INTERNATIONA      6.02     07/20/37      USD      58.36
NOMURA INTERNATIONA      2.31     01/06/36      AUD      59.20
NOMURA INTERNATIONA      2.31     12/03/35      AUD      59.38
NOMURA INTERNATIONA      6.25     04/21/37      USD      59.64
NOMURA INTERNATIONA      7.65     10/04/37      AUD      59.92
NOMURA INTERNATIONA      3.65     06/18/39      AUD      61.92
NOMURA INTERNATIONA      2.60     06/14/44      KRW      66.89
NOMURA INTERNATIONA      6.00     02/16/32      USD      69.14
NOMURA INTERNATIONA      3.74     04/20/40      USD      69.53
NOMURA INTERNATIONA      1.82     05/29/35      EUR      69.85
NOMURA INTERNATIONA      4.57     04/27/31      USD      72.03
NOMURA INTERNATIONA      2.45     03/02/31      AUD      73.59
NOMURA INTERNATIONA      2.00     01/28/31      USD      73.67
NOMURA INTERNATIONA      2.60     06/14/39      KRW      75.26
NOMURA INTERNATIONA      3.10     11/17/31      AUD      75.29
ORO NEGRO DRILLING       7.50     01/24/24      USD       0.50
RICKMERS MARITIME        8.45     05/15/17      SGD       5.00
SWIBER CAPITAL PTE       6.50     08/02/18      SGD       4.20
SWIBER CAPITAL PTE       6.25     10/30/17      SGD       4.20
SWIBER HOLDINGS LTD      7.75     09/18/17      CNY       6.13
SWIBER HOLDINGS LTD      7.13     04/18/17      SGD       6.13
SWIBER HOLDINGS LTD      5.55     10/10/16      SGD      12.25
TEMASEK FINANCIAL I      2.50     10/06/70      USD      53.65
TEMASEK FINANCIAL I      2.50     10/06/70      USD      53.83
TEMASEK FINANCIAL I      1.25     11/20/49      EUR      58.38
TEMASEK FINANCIAL I      2.25     04/06/51      USD      58.75
TEMASEK FINANCIAL I      2.25     04/06/51      USD      58.85
TEMASEK FINANCIAL I      2.75     08/02/61      USD      60.59
TEMASEK FINANCIAL I      2.75     08/02/61      USD      60.71
TEMASEK FINANCIAL I      2.38     08/02/41      USD      67.59
TEMASEK FINANCIAL I      2.38     08/02/41      USD      68.14
THETA CAPITAL PTE L      6.75     10/31/26      USD      71.34


   THAILAND
   --------

G STEEL PCL              3.00     10/04/15      USD       0.80
GC TREASURY CENTER       4.30     03/18/51      USD      65.22
GC TREASURY CENTER       4.30     03/18/51      USD      65.23
GC TREASURY CENTER       5.20     03/30/52      USD      74.53
GC TREASURY CENTER       5.20     03/30/52      USD      74.99
MDX PCL                  4.75     09/17/03      USD      22.88
PTT TREASURY CENTER      3.70     07/16/70      USD      60.59
PTT TREASURY CENTER      3.70     07/16/70      USD      60.65
PTTEP TREASURY CENT      3.90     12/06/59      USD      64.44
PTTEP TREASURY CENT      3.90     12/06/59      USD      64.58
THAILAND GOVERNMENT      2.50     06/17/71      THB      66.80
THAILAND GOVERNMENT      1.88     06/17/49      THB      67.55
THAIOIL TREASURY CE      3.50     10/17/49      USD      56.91
THAIOIL TREASURY CE      3.50     10/17/49      USD      57.07
THAIOIL TREASURY CE      3.75     06/18/50      USD      59.43
THAIOIL TREASURY CE      3.75     06/18/50      USD      59.52


   TAIWAN
   ------

TAIWAN GOVERNMENT B      1.50     11/22/53      TWD      61.02
TAIWAN GOVERNMENT B      0.38     11/27/50      TWD      72.61
TAIWAN SEMICONDUCTO      2.70     09/22/60      USD      53.96
TAIWAN SEMICONDUCTO      3.10     09/23/51      USD      63.61


   VIETNAM
   -------

NOVALAND INVESTMENT      5.25     07/16/26      USD      28.80


                           *********


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

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

Copyright 2023.  All rights reserved.  ISSN: 1520-9482.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding,
electronic re-mailing and photocopying) is strictly prohibited
without prior written permission of the publishers.
Information contained herein is obtained from sources believed
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mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance
thereof are US$25 each.  For subscription information, contact
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