TCREUR_Public/120618.mbx         T R O U B L E D   C O M P A N Y   R E P O R T E R

                           E U R O P E

             Monday, June 18, 2012, Vol. 13, No. 120

                            Headlines



C Z E C H   R E P U B L I C

EURO-JORDAN: Declared Bankrupt by Brno Court
KORNAB: Creditors Back Administrator's Bankruptcy Proposal


F R A N C E

CMA CGM: S&P Lowers Corporate Credit Rating to 'CCC+'
DOUX SA: Set to Receive Credit Line Within Days


G E R M A N Y

QIMONDA AG: Insolvency Administrator Doubles Claim to EUR3.35BB
STAGE MEZZANINE: Fitch Affirms 'CCCsf' Rating on Class B Notes

* GERMANY: Moody's Says RMBS High LTV Delinquency Rate Up in Apr.


G R E E C E

NEWLEAD HOLDINGS: PwC Greece Raises Going Concern Doubt

* GREECE: May Face Risk of Disorderly Bankruptcy, Mayer Says
* GREECE: Greek Euro Exit May Cost Creditors EUR70 Billion


I R E L A N D

ALPSTAR CLO 2: S&P Raises Rating on Class E Notes to 'B'
G SQUARE FINANCE: S&P Affirms 'CC' Ratings on Three Note Classes

* Moody's Says Irish Prime RMBS Performance Deteriorates Further


K A Z A K H S T A N

KASPI BANK: Moody's Changes Outlook on 'B1' Ratings to Stable


L U X E M B O U R G

MATTERHORN MOBILE: S&P Assigns 'B+' Long-Term Corp. Credit Rating


N O R W A Y

BW GROUP: Moody's Downgrades CFR to 'Ba2'; Outlook Negative


P O L A N D

CYFROWY POLSAT: S&P Raises Corporate Credit Rating to 'BB'


P O R T U G A L

BANCO POPULAR: Fitch Cuts LT Issuer Default Rating to 'BB+'


R U S S I A

OMZ: S&P Suspends 'B-' Long-Term Corporate Credit Rating
SOVCOMFLOT JSC: Moody's Changes Outlook on 'Ba1' CFR to Negative

* KRASNOYARSK KRAI: S&P Affirms 'BB+' Issuer Credit Rating


S E R B I A   &   M O N T E N E G R O

* MONTENEGRO: S&P Downgrades Sovereign Credit Ratings to 'BB-'


S W I T Z E R L A N D

CARBOFER GENERAL: Declared Bankrupt Last Month


T U R K E Y

ANADOLU EFES: S&P Raises Rating From 'BB+'; Outlook Stable


U N I T E D   K I N G D O M

ALLDERS OF CROYDON: In Administration; 300 Jobs at Risk
DIXONS RETAIL: ISDA to Rule on CDS Restructuring Credit Event
PETROPLUS HOLDINGS: Igor Yusufov Still Eyes Coryton Bid
PIPE HOLDINGS: S&P Raises Long-Term Corporate Credit Rating
TATFONDBANK: Moody's Downgrades BFSR to 'E'; Outlook Stable


X X X X X X X X

* BOND PRICING: For the Week June 11 to June 15, 2012


                            *********


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C Z E C H   R E P U B L I C
===========================


EURO-JORDAN: Declared Bankrupt by Brno Court
--------------------------------------------
CTK reports that the Regional Court in Brno has declared
bankruptcy on Euro-Jordan and the decision is already valid.

Insolvency proceedings with the company started in February, CTK
recounts.

The proposal was filed by Komercni banka and later also by Polish
firm Okna rabien, CTK relates.  Euro-Jordan owes them some CZK30
million and further creditors are also filing their claims, CTK
discloses.

Euro-Jordan is a southern Moravian windows producer.


KORNAB: Creditors Back Administrator's Bankruptcy Proposal
----------------------------------------------------------
CTK reports that creditors of Kornab on June 15 voiced approval
with the proposal of insolvency administrator Jaroslav Svoboda
for the company's bankruptcy.

The Regional Court in Brno now has 30 days to confirm the
decision, CTK notes.

At the same time, the forming of a bankruptcy commission,
composed of the three largest creditors, has been approved, CTK
discloses.  The commission will decide on the distribution of
proceeds from the sale of bankruptcy assets, CTK says.

Creditors whose claims are worth some CZK147 million, or 66% of
the total debt, met in the court room on Friday, CTK relates.

Kornab has been in insolvency since mid-April, CTK states.

Kornab, formerly Koryna nabytek, is a Czech furniture maker.



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F R A N C E
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CMA CGM: S&P Lowers Corporate Credit Rating to 'CCC+'
-----------------------------------------------------
Standard & Poor's Ratings Services lowered its long-term
corporate credit rating on France-based container ship operator
CMA CGM S.A. to 'CCC+' from 'B-'. "We also lowered our issue
ratings on CMA CGM's' debt to 'CCC-' from 'CCC'. The ratings
remain on CreditWatch with negative implications where they were
placed on March 9, 2012. The recovery rating on the debt is '6',
indicating our expectation of negligible (0%-10%) recovery in the
event of a payment default," S&P said.

"The downgrade reflects CMA CGM's deteriorated liquidity
position. The company reported negative operating cash flow in
the first quarter of 2012 and continued to absorb its available
cash. Meanwhile, we believe that CMA CGM could take longer than
we previously expected to amend its debt amortization profile and
financial covenants and to receive US$250 million of cash
proceeds from the issuance of redeemable bonds to Yildirim Group,
a Turkey-based holding company (completed in January 2012). We
believe that the company's liquidity position will likely remain
under strain over the coming months, owing to likely delays in
corrective actions," S&P said.

"The previous rating was predicated on our expectation that the
company would be able to complete ordinary and sufficiently
compensated amendments to its debt amortization profile and to
its financial covenants by June 30, 2012. We now think it
unlikely that it will be able to achieve this deadline. We
consider the delays to have generated increased uncertainty over
the ability of CMA CGM to execute a restructuring plan, and the
format that this would take, before it finds itself in a
financially distressed position. This is particularly given the
likely covenant breaches in June 30, 2012, the US$500 million
revolving credit facility coming due for extension in the near
term, and the delay in receiving cash proceeds from the Yildirim
Group," S&P said.

"Our current base-case operating scenario estimates for 2012 that
revenues will increase by about 9% and the EBITDA margin may
improve to 6.0%-6.5% (from about 2% in 2011), largely thanks to
cost-saving measures. Based on these assumptions, we forecast
that CMA CGM will be cash-flow negative in 2012 if it cannot
bolster its liquidity sources through additional asset disposals
or amendments to its debt maturity profile. This is because the
company faces upcoming equity payments for only partially funded
newbuild vessels, maintenance capital spending, and debt
maturities," S&P said.

"We expect to resolve the CreditWatch within the next three
months after assessing how CMA CGM is addressing its liquidity
challenges. We are likely to lower the rating if we concluded
that CMA CGM's liquidity position would deteriorate further," S&P
said.

"However, we could affirm the ratings or take a positive rating
action if CMA CGM's liquidity improved markedly and the company
regained sufficient headroom under its financial covenants. This
assumes that the company's credit quality is not constrained in
the meantime for other reasons, such as unexpected negative
operating momentum or aggressive discretionary spending," S&P
said.


DOUX SA: Set to Receive Credit Line Within Days
-----------------------------------------------
Chris V. Nicholson at Bloomberg News, citing Les Echos, reports
that Doux SA is set to receive a EUR35 million line of credit
within days to pay its suppliers and avert a breakdown in
deliveries.

According to Bloomberg, the newspaper, citing an unidentified
person in the government, reported that a consortium of banks
including Barclays Plc, Credit Agricole SA and Credit Mutuel de
Bretagne has agreed to provide the line of credit to maintain
Doux's operations.

Doux, which recently entered bankruptcy protection, has been a
cause of concern at the Agricultural Ministry, led by Stephane
Le Foll, according to the newspaper, and the credit is expected
to permit normal operations at its factories for several months,
Bloomberg notes.

France-based Doux S.A. produces, sells, and exports poultry and
poultry-based processed products for retail, food service and
catering, and food processing industries.



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


QIMONDA AG: Insolvency Administrator Doubles Claim to EUR3.35BB
---------------------------------------------------------------
Angela Cullen at Bloomberg News reports that the insolvency
administrator of Infineon Technologies AG's former Qimonda unit
doubled the amount it's seeking in a legal dispute to at least
EUR3.35 billion (US$4.23 billion) plus interest.

Qimonda, a memory-chip maker, was carved out of Infineon in 2006
after racking up losses, and it filed for insolvency in 2009,
Bloomberg relates.

                        About Qimonda AG

Qimonda AG (NYSE: QI) -- http://www.qimonda.com/-- was a global
memory supplier with a diversified DRAM product portfolio.  The
Company generated net sales of EUR1.79 billion in financial year
2008 and had -- prior to its announcement of a repositioning of
its business -- roughly 12,200 employees worldwide, of which
1,400 were in Munich, 3,200 in Dresden and 2,800 in Richmond, Va.

Qimonda AG commenced insolvency proceedings in a local court in
Munich, Germany, on Jan. 23, 2009.  On June 15, 2009, QAG filed
a petition (Bankr. E.D. Va. Case No. 09-14766) for relief under
Chapter 15 of the U.S. Bankruptcy Code.

Qimonda North America Corp., an indirect and wholly owned
subsidiary of QAG, is the North American sales and marketing
subsidiary of QAG.  QNA is also the parent company of Qimonda
Richmond LLC.  QNA and QR sought Chapter 11 protection (Bankr.
D. Del. Case No. 09-10589) on Feb. 20, 2009.  Mark D. Collins,
Esq., Michael J. Merchant, Esq., and Lee E. Kaufman, Esq., at
Richards Layton & Finger PA, in Wilmington Delaware; and Mark
Thompson, Esq., Morris J. Massel, Esq., and Terry Sanders, Esq.,
at Simpson Thacher & Bartlett LLP, in New York City, represented
the Debtors as counsel.  Roberta A. DeAngelis, the United States
Trustee for Region 3, appointed seven creditors to serve on an
official committee of unsecured creditors.  Jones Day and Ashby &
Geddes represented the Committee.  In its bankruptcy petition,
Qimonda Richmond, LLC, estimated more than US$1 billion in assets
and debts.  The information, the Chapter 11 Debtors said, was
based on QR's financial records which are maintained on a
consolidated basis with QNA.

In September 2011, the Chapter 11 Debtors won confirmation of
their Chapter 11 liquidation plan which projects that unsecured
creditors with claims between US$33 million and US$35 million
would have a recovery between 6.1% and 11.1%.  No secured claims
of significance remained.


STAGE MEZZANINE: Fitch Affirms 'CCCsf' Rating on Class B Notes
--------------------------------------------------------------
Fitch Ratings has affirmed StaGe Mezzanine Societe en Commandite
Simple's class A and B notes, due December 2013, as follows:

  -- EUR90.6m class A notes (ISIN: XS0257999176): affirmed at
     'BB+sf'; Outlook Negative

  -- EUR20m class B notes (ISIN: XS0258004190): affirmed at
     'CCCsf'; assigned a Recovery Estimate (RE) of 85%

The affirmation reflects the stable performance since the last
review in July 2011 with only one company having defaulted since
then.  As a result of this default, the gross amount of the
principal deficiency ledger (PDL) rose to EUR50 million from
EUR49 million.  However, the outstanding PDL has been reduced by
means of excess spread to EUR7.8 million from EUR11.9 million at
last review.

Given the bullet maturities, Fitch regards refinancing risk as a
key risk in this transaction. All of the loans are bullet loans
maturing on the same day.  Fitch expects weaker borrowers to have
difficulties re-financing loans at maturity, which could lead to
additional defaults.  This risk is reflected in the Negative
Outlook.  According to the portfolio manager, Deloitte & Touche
Corporate Finance GmbH, only three companies are unlikely to
succeed in arranging refinancing and three other companies have
not arranged refinancing yet although they are likely to do it
before scheduled maturity.  Fitch is in contact with the
transaction arranger and will review any available information on
the repayment and refinancing plans of the borrowers.

Since the transaction closed in June 2006, there have been 12 PDL
events amounting to EUR50 million.  Three of them were "early
termination" where the full notional was repaid.  As a result of
PDL events, the performing pool has decreased to currently 39
assets amounting to EUR125.8 million.  The largest obligor
represents 6.4% and the five largest obligors represent 26.2% of
the outstanding pool balance.  In Fitch's view, the pool is
concentrated in terms of obligor exposures, which increases the
vulnerability of the rated notes to single defaults.

Fitch assigned a Recovery Estimate (RE) to the 'CCCsf' rated
class B note. REs are forward-looking, taking into account
Fitch's expectations for principal repayments on a distressed
structured finance security.

The transaction is a cash securitization of subordinated loans to
German medium-sized enterprises arranged and monitored by WestLB
AG ('A-'/'F1'/Rating Watch Positive).  The portfolio companies
were selected by the issuer based on recommendations of Deloitte
& Touche Corporate Finance GmbH acting as financial advisor to
the issuer.


* GERMANY: Moody's Says RMBS High LTV Delinquency Rate Up in Apr.
-----------------------------------------------------------------
The performance of German residential mortgage-backed securities
(RMBS) remained stable in April 2012, according to the German
RMBS indices report published by Moody's Investors Service.

The overall performance trend of the German RMBS market has
remained in line with Moody's expectations. However, as expected,
transactions comprising mortgage loans in the low-to-medium loan-
to-value (LTV) ratio range have performed better than
transactions categorized in the high LTV group. Among the
transactions in the low-to-medium loan-to-value (LTV) ratio
range, PROVIDE-VR 2002-1 PLC transaction is the worst performer
of the group with a cumulative loss of 2.43% in April 2012.

The 90+ day delinquency index for high LTV transactions rose to
12.29% in April 2012 from 11.74% in April 2011. In the same
period, the 90+ day delinquency ratio for low-to-medium LTV
transactions decreased slightly to 0.13% in April 2012 from 0.15%
in April 2011. High LTV transactions experienced an increase in
the cumulative loss rate to 2.40% in April 2012 from 1.63% in
April 2011. The increase of cumulative loss rate for low-to-
medium LTV transactions was less pronounced with an upward move
to 0.08% in April 2012 from 0.07% in April 2011. However, the
cumulative loss rate ratio is a significant indicator mainly for
true sale transactions as usually synthetic transactions don't
report losses.

As of April 2012, the German RMBS market had an outstanding pool
balance of EUR24.3 billion. This constitutes a year-over-year
decrease of 14.0%. In the one-year period leading up to April
2012, the share of high LTV transactions in the overall
outstanding market rose slightly to 8.6% from 7.9% a year ago
(estimated as a percentage of current balance).

On November 23, 2011, Moody's downgraded the classes of notes
issued by Haus 1998-1 Limited. This rating action concluded the
review for downgrade initiated by Moody's on 13 April 2011 and
took into consideration the worse-than-expected performance of
the collateral.

Moody's has a stable outlook for collateral performance in German
RMBS transactions. Moody's expects the unemployment rate to
continue to fall to 5.5% in 2012 from 5.9% in 2011 as previously
announced in "Moody's Statistical Handbook - Country Credit",
May 2012. Moody's also expects house prices to remain flat in
2012, as they have been for most of the past decade. Flat house
prices will help maintain stable recovery rates on foreclosed
properties.



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G R E E C E
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NEWLEAD HOLDINGS: PwC Greece Raises Going Concern Doubt
-------------------------------------------------------
PricewaterhouseCoopers S.A. in Athens, Greece, said in a May 15,
2012 audit report NewLead Holdings Ltd. has incurred a net loss,
has negative cash flows from operations, negative working
capital, an accumulated deficit and has defaulted under its
credit facility agreements resulting in all of its debt being
reclassified to current liabilities.  These raise substantial
doubt about its ability to continue as a going concern, PwC said.

As of May 14, 2012, NewLead had a fleet of five vessels but
expects further reductions in the fleet.  NewLead said it
continues to negotiate with Piraeus Bank in respect of (a) the
sale of the vessels Hiona and Hiotissa and (b) an agreement by
which Piraeus will release the Company from all debt obligations
arising under the related credit facilities in exchange for
equity in the Company.

According to NewLead, also included in the five vessels is one
newbuilding.  Due to the delay in NewLead's payment of an
installment of US$7.4 million, NewLead is currently in default
under the shipbuilding contract of this hull and has not received
delivery of this hull.  NewLead is currently in discussions with
the lenders, the shipyard and a potential buyer in respect of the
sale of this hull and the release of its obligations under the
loan agreement.

NewLead also is in negotiations with WestLB to amend the terms of
the parties' loan agreement, whereby the agreement will be
amended and restated to enable NewLead to comply with certain of
its covenants on an ongoing basis after the closing of a
restructuring initiated by NewLead and enable the Newlead
Victoria, a drybulk Panamax vessel, to stay within the group.
This vessel is subject to a floating rate time charter which may
expire as early as July 2012 or as late as October 2012.  The
vessel owner has the right to an earlier redelivery of the
vessel, at any time within the charter duration, subject to the
vessel owner tendering three months' advance notice to the
charterers.

NewLead also is in negotiations with Marfin to amend the terms of
the loan agreement, whereby the agreement will be amended and
restated to enable NewLead to comply with certain of its
covenants on an ongoing basis after the closing of the
Restructuring and enable the Newlead Markela, a drybulk Panamax
vessel to stay within the group.

Due to the economic conditions and operational difficulties of
the Company, NewLead entered into restructuring discussions with
each of the lenders under its facility and credit agreements, the
holders of its 7% senior unsecured convertible notes and the
counterparties to its capital leases.  As part of those
discussions, NewLead appointed Moelis & Company to act as
financial advisors in respect of the overall restructuring
proposal.  The aim of the restructuring is to increase liquidity,
normalize trade vendor payments and deleverage the Company on a
going forward basis.

Since June 2011, NewLead has defaulted under each of its
Financing Documents in respect of certain covenants (including,
in some cases, the failure to make amortization and interest
payments, the failure to satisfy financial covenants and the
triggering of cross-default provisions).  To date, NewLead has
not obtained waivers of these defaults from the lenders.  From
July 1, 2011 through May 14, 2012, and as part of NewLead's
restructuring efforts, the lenders seized four of the Company's
vessels and NewLead sold 13 vessels.  The sales proceeds have
been and are expected to be insufficient to fully repay the
related debt and therefore, NewLead will continue to have
significant debt.

NewLead is also in discussions with the lenders regarding the
future use of three of its five remaining vessels.

During the Restructuring process, the lenders have continued to
reserve their rights in respect of such defaults other than the
Kamsarmax Syndicate Facility Agreements and the Northern Shipping
Fund arrangement.  Except for the Kamsarmax Syndicate Facility
Agreements and the Northern Shipping Fund arrangement, the
lenders have not exercised their remedies at this time including
demand for immediate payment; however, the lenders could change
their position at any time.  NewLead said there can be no
assurance that a satisfactory final agreement will be reached
with all the lenders in the Restructuring or at all.

On Nov. 8, 2011, NewLead and Moelis presented to each of the
lenders under the Financing Documents a commercial presentation
which set out a comprehensive global restructuring proposal.  The
Restructuring Proposal included, among other things, proposed
amendments to the Financing Documents (including amortization
relief and reset of financial covenants).  The lenders have not
yet approved the Restructuring Proposal and the changes have not
been implemented as of the filing of the annual report.

Notwithstanding, NewLead said it has made progress in completing
various parts of the Restructuring Proposal and continues to
remain in discussions with the remaining lenders.  During 2011
and through May 15, 2012, NewLead has sold, disposed of or handed
control over to the lenders a total of 17 of NewLead's vessels
and hulls under construction (or its ownership of the shipowning
subsidiaries) in connection with the restructuring.

As of Dec. 31, 2011, NewLead's outstanding debt was US$572.2
million, excluding the US$71.6 million of unamortized beneficial
conversion feature, or BCF, treated as a discount on the
outstanding US$125.0 million of NewLead's 7% Notes.  From Jan. 1,
2012 through May 14, 2012, and as a result of the sale, disposal
of or handing control of vessels and hulls to the lenders,
NewLead's debt has been decreased by an aggregate amount of
US$157.1 million.

NewLead said that, despite its restructuring efforts over the
last several months, as of May 14, 2012, it continues to have:

     * US$56.5 million ($31.2 million relating to the Marfin
Credit Facility and US$25.3 million relating to the WestLB loan
agreement) of outstanding debt for vessels that NewLead expects
will remain in its possession after the completion of the
Restructuring.

     * US$75.6 million (US$69.8 million relating to the Piraeus
Bank credit facilities and US$5.8 million relating to the
Handysize Syndicate Facility Agreement) of outstanding debt for
vessels currently in NewLead's possession that NewLead expects to
sell and apply the proceeds thereof against the related debt.

     * US$158 million (US$76.8 million relating to the Kamsarmax
Syndicate Facility Agreements and US$81.2 million relating to the
Lemissoler Sale and Leaseback agreements) of liabilities for
vessels that NewLead already handed control over to the lenders
but has not yet obtained final releases.

     * US$125 million of 7% Notes outstanding, for which NewLead
is currently in negotiations to convert such notes to equity
prior to the completion of the Restructuring.

Last month, NewLead said net loss for the years ended Dec. 31,
2011 and 2010 was US$290.4 million and US$86.3 million,
respectively.  This loss included loss from discontinued
operations of US$32.2 million and US$9.1 million in the years
ended Dec. 31, 2011 and 2010, respectively, which were related
primarily to (i) the Company's restructuring process which
resulted in the sale of certain tanker and dry bulk vessels
and(ii) its strategic decision to exit from the container market.

As of Dec. 31, 2011, NewLead's currents assets amounted to
US$33.7 million, while current liabilities amounted to US$583.6
million, resulting in a negative working capital position of
US$549.9 million.

As of Dec. 31, 2011, the Company's liquidity reflected US$5.4
million of total cash (US$5.1 million of unrestricted cash and
US$0.3 million of restricted cash), compared with US$110.8
million in total cash as of Dec. 31, 2010.  The decrease of
US$105.4 million in total cash was attributable primarily to
vessel acquisitions and vessels under construction, as well as
debt service and was partially offset by the proceeds from the
sale and leaseback of one vessel and the proceeds from the sale
of four vessels.  Total debt on the balance sheet as of Dec. 31,
2011 and Dec. 31, 2010 was US$500.6 million and US$578.0 million,
respectively, representing a US$77.4 million decrease.

As of Dec. 31, 2011, total assets was US$396.7 million against
total liabilities of US$599.1 million.

A copy of the Company's Annual Report filed on Form 20-F with the
U.S. Securities and Exchange Commission for the fiscal year ended
Dec. 31, 2011, is available at http://is.gd/D59gIY

NewLead Holdings Ltd., incorporated under the Bermuda Companies
Act of 1981 on Jan. 12, 2005, has been an international shipping
company engaged in the transportation of refined products, such
as gasoline and jet fuel, and dry bulk goods, such as iron ore,
coal and grain.  Based in Piraeus, Greece, the Company currently
operates a fleet of two double-hulled product tankers and three
drybulk carriers.


* GREECE: May Face Risk of Disorderly Bankruptcy, Mayer Says
------------------------------------------------------------
Annette Weisbach at Bloomberg News reports that former Deutsche
Bank AG chief economist Thomas Mayer told Rheinische Post in an
interview Greece faces the risk of a disorderly bankruptcy if it
drops its commitment to reform and the austerity plan after the
elections.

According to Bloomberg, Mr. Mayer said that if Greece renounces
reform and austerity, the International Monetary Fund most likely
would suspend payments to the country.

Mr. Mayer, as cited by Rheinische Post as saying in a preview of
an article, said that to avoid a collapse of Greece's economy,
the European Union should continue to provide the money to
service Greek debt and recapitalize its banks, Bloomberg notes.


* GREECE: Greek Euro Exit May Cost Creditors EUR70 Billion
----------------------------------------------------------
According to Bloomberg News' Cornelius Rahn, Handelsblatt, citing
an estimate by Ansgar Belke, a professor for macroeconomics at
the University of Duisburg-Essen, reported that a Greek exit from
the euro zone may cost private creditors EUR70 billion (US$88
billion).

Bloomberg notes that Mr. Belke, as cited by Belke, said that the
move would lead to a default by Greece's government, meaning
European banks would have to write off the largest part of their
investment.



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I R E L A N D
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ALPSTAR CLO 2: S&P Raises Rating on Class E Notes to 'B'
--------------------------------------------------------
Standard & Poor's Ratings Services affirmed its credit ratings on
Alpstar CLO 2 PLC's class AR, A1, A2, B, C, and D notes. "At the
same time, we raised our rating on the class E notes," S&P said.

"The rating actions follow our review of the transaction's
performance, in which we used data from the trustee reports dated
May 2012, in addition to our cash flow analysis. We have taken
into account recent developments in the transaction, and have
applied our 2012 counterparty criteria, as well as our cash flow
criteria," S&P said.

"We subjected the transaction to a credit and cash flow
analysis," S&P said.

"Since our previous review in June 2011, we have observed a
decrease in our weighted-average recovery rate (WARR)
assumptions, which have decreased the break-even default rate
(BDR) of each tranche at each rating level. The decrease in WARR
was due to a 15.06% decrease of senior-secured first-lien loans
and an 11.57% increase in subordinated loans in the portfolio,"
S&P said.

"At the same time, we have observed that the scenario default
rates (SDRs) at each rating level have benefited from a decrease
in the weighted-average life of the transaction to 4.88 years,
from 5.50 years in our June 2011 review," S&P said.

"In our opinion, the decreased BDRs have mitigated a decrease in
the SDRs for each rating level. Subsequently, the credit
enhancement available to the class AR, A1, A2, B, C, and D notes
is still commensurate with our current ratings on these classes
of notes. Therefore, following our analysis, we have affirmed our
ratings on the class AR, A1, A2, B, C, and D notes at rating
levels that reflect the portfolio's credit quality and the
transaction's performance, in our opinion," S&P said.

"In our previous review, the application of the largest obligor
test constrained our rating on the class E notes to 'CCC+ (sf)'.
Our analysis of the current portfolio indicates that the
application of the largest obligor test no longer constrains our
rating on the class E notes, which can now achieve a higher
rating. We have therefore raised our rating on these notes to 'B
(sf)' following our credit and cash flow analysis," S&P said.

"The application of the largest obligor default test does not
constrain any of our ratings on the class AR, A1, A2, B, C, and D
notes. The test is a supplemental stress test that we introduced
in our 2009 criteria update for corporate collateralized debt
obligations (CDOs)," S&P said.

Alpstar CLO 2 is a cash flow collateralized loan obligation (CLO)
transaction backed primarily by leveraged loans to speculative-
grade corporate firms. The transaction closed in April 2007, and
is managed by Alpstar Management Ltd.

              STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

          http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class                              Rating
                          To                   From

Alpstar CLO 2 PLC
EUR600 Million Secured Floating-Rate Notes

Rating Raised

E                         B (sf)               CCC+ (sf)

Ratings Affirmed

AR                        AA+ (sf)
A1                        AA+ (sf)
A2                        AA+ (sf)
B                         A (sf)
C                         BBB (sf)
D                         BB (sf)


G SQUARE FINANCE: S&P Affirms 'CC' Ratings on Three Note Classes
----------------------------------------------------------------
Standard & Poor's Ratings Services affirmed and removed from
CreditWatch negative its credit rating on G Square Finance 2006-1
Ltd.'s class X notes. "At the same time, we affirmed our ratings
on the class A-1, A-2, and B notes," S&P said.

G Square Finance 2006-1 is a high-grade asset-backed securities
(ABS) collateralized debt obligation (CDO) of a portfolio that
comprises predominantly U.S. prime and subprime residential
mortgage-backed securities and other U.S. structured finance
securities.

"The rating actions follow our assessment of the transaction's
performance. We used data from the payment date trustee report
dated April 5, 2012, performed our credit analysis, and took into
account recent transaction developments. We applied our 2010
counterparty criteria, our cash flow criteria, and our CDO of ABS
criteria," S&P said.

"From our analysis, we have observed an increase in the
proportion of assets that we consider to be rated in the 'CCC'
category ('CCC+', 'CCC', and 'CCC-') and defaulted assets (rated
'CC', 'C', 'SD' [selective default], or 'D') in the collateral
pool, since we previously reviewed this transaction. The
concentration is significantly high for assets in the 'CCC'
category, accounting for 29.60% of performing assets, and for
assets that we consider to be defaulted, accounting for 34.17% of
the total collateral pool assets. The class A/B par coverage test
is not in compliance with its respective target levels," S&P
said.

"Based on our observation of the April 2012 payment date report,
interest proceeds were used to pay interests and principal on the
class X notes, and principal proceeds were used to pay interest
on the class A-1, A-2, and B notes. Principal proceeds were also
used to pay principal on the class A-1 notes to cure the class
A/B par value coverage test," S&P said.

"We conducted an analysis based on our revised assumptions. We
used the reported portfolio balance that we considered to be
performing, the principal cash balance, the capital structure,
and the weighted-average recovery rates that we considered to be
appropriate," S&P said.

"Taking into account our credit analysis, we consider the credit
enhancements available to the class A-1, A-2, and B notes to be
commensurate with their current ratings, as we believe these
classes of notes remain vulnerable to nonpayment of principal. We
have therefore affirmed our 'CC' ratings on these notes. At the
same time, we have removed from CreditWatch negative and affirmed
our 'AAA' rating on the class X notes, as we consider the credit
enhancement to be commensurate with the current rating," S&P
said.

            STANDARD & POOR'S 17G-7 DISCLOSURE REPORT

SEC Rule 17g-7 requires an NRSRO, for any report accompanying a
credit rating relating to an asset-backed security as defined in
the Rule, to include a description of the representations,
warranties and enforcement mechanisms available to investors and
a description of how they differ from the representations,
warranties and enforcement mechanisms in issuances of similar
securities. The Rule applies to in-scope securities initially
rated (including preliminary ratings) on or after Sept. 26, 2011.

If applicable, the Standard & Poor's 17g-7 Disclosure Report
included in this credit rating report is available at:

        http://standardandpoorsdisclosure-17g7.com

RATINGS LIST

Class              Rating
            To                From

G Square Finance 2006-1 Ltd.
EUR17 Million, US$1.496 Billion Senior Secured
Floating-Rate Notes

Rating Affirmed and Removed From CreditWatch Negative

X           AAA (sf)          AAA (sf)/Watch Neg

Ratings Affirmed

A-1         CC (sf)
A-2         CC (sf)
B           CC (sf)
C-1         NR
C-2         NR
D           NR

NR-Not rated.


* Moody's Says Irish Prime RMBS Performance Deteriorates Further
----------------------------------------------------------------
The performance of the Irish prime residential mortgage-backed
securities (RMBS) market continued to deteriorate during the
three-month period leading to April 2012, according to the latest
indices published by Moody's Investors Service.

From January to April 2012, the 90+ day delinquency trend and
360+ day delinquent loans (which are used as a proxy for
defaults) reached a new peak, rising steeply to 13.99% from
11.98% and to 5.50% from 4.23% respectively (in January 2012), of
the outstanding portfolios. Moody's annualized total redemption
rate (TRR) trend was 3.32% in April 2012, down from 3.63% in
April 2011.

Moody's outlook for Irish RMBS is negative. The steep decline in
house prices since 2007 has placed the majority of borrowers deep
into negative equity. Falling house prices will increase the
severity of losses on defaulted mortgages. Irish house prices
have already fallen by 49.9% between September 2007 and April
2012 and Moody's expects that house prices will fall a further
20% from today's levels (bringing the aggregate peak-to-trough
fall to 60%). The rating agency expects the Irish economy will
only grow 0.2% in 2012 as previously announced in "Moody's
Statistical Handbook - Country Credit", May 2012. In this weak
economic recovery, it will be difficult for distressed borrowers
to significantly increase their debt servicing capabilities and
so arrears are likely to continue increasing.

On February 17, 2012, Moody's downgraded the ratings of Irish
RMBS notes issued by Fastnet Securities 4 Ltd. The rating action
took into account (i) the continued rapid deterioration in the
transaction's performance; and (ii) Moody's negative outlook for
Irish RMBS.

On February 29, 2012, Moody's upgraded the ratings of the class A
notes issued by Fastnet Securities 5 Ltd to A2(sf) and affirmed
the ratings of the class A notes issued by Fastnet Securities 8
Ltd. This rating action followed recent amendments to the two
transactions to address operational risk.

On March 12, 2012, Moody's downgraded all the ratings of Irish
RMBS notes issued by CELTIC RESIDENTIAL IRISH MORTGAGE
SECURITISATION NOs 9 and 10 PLC and downgraded the ratings of
five RMBS notes issued by CELTIC RESIDENTIAL IRISH MORTGAGE
SECURITISATION NO 11 due to weak, deteriorating performance. This
rating action concludes the review for downgrade initiated by
Moody's on December 7, 2011.

On March 26, 2012, Moody's downgraded the ratings of Irish RMBS
notes issued by Emerald Mortgages No. 4 plc and Kildare
Securities limited due to weak and deteriorating performance.
This rating action concludes the review for downgrade initiated
by Moody's on 7 December 2011.

On April 26, 2012, Moody's upgraded the ratings of the Class A
notes issued by Wolfhound Funding 2008-1 Limited and the Class A
notes issued by Wolfhound Funding 2 Limited to A2(sf). This
follows recent amendments to the two transactions.

On May 14, 2012, Moody's downgraded the ratings of Irish RMBS
notes issued by CELTIC RESIDENTIAL IRISH MORTGAGE SECURITISATION
NOs 12 and Fastnet Securities 2 Plc due to (i) the continued
rapid deterioration in performance of the transactions; (ii)
Moody's outlook for the Irish RMBS sector; and (iii) structural
features in place such as amount of available credit enhancement.

As of April 2012, the 19 Moody's-rated Irish prime RMBS
transactions had an outstanding pool balance of EUR50.1 billion.
This constitutes a year-on-year decrease of 7.5% compared with
EUR54.1 billion for the same period in the previous year.



===================
K A Z A K H S T A N
===================


KASPI BANK: Moody's Changes Outlook on 'B1' Ratings to Stable
-------------------------------------------------------------
Moody's Investors Service has changed to stable from negative the
outlook on the B1 long-term foreign and local currency deposit
ratings of Kaspi Bank. The standalone bank financial strength
rating (BFSR) of E+ and Not-Prime short-term local and foreign
currency deposit ratings were affirmed.

Moody's assessment is based on Kaspi Bank's audited financial
statements for 2011 (prepared under IFRS) and unaudited interim
statements for Q1 2012 (under IFRS).

Ratings Rationale

According to Moody's, the outlook change to stable from negative
is driven by Kaspi Bank's (i) strengthened retail lending
franchise, (ii) improved revenue generation; and (iii)
stabilizing asset quality and capital adequacy.

Moody's has observed significant development of Kaspi Bank's
retail franchise in recent years. Kaspi Bank's domestic market
share in retail lending (as a proportion of total loans) grew to
8% as of YE2011, from 3.5% as of YE2009. The retail franchise was
supported by expansion of the branch network and other
distribution channels. Further development in this segment
remains Kaspi Bank's strategic priority going forward.

Moody's notes that Kaspi Bank's increased revenues -- stemming
from the high-yield retail segment -- has strengthened the bank's
internal capital generation capacity, with return on average
equity (RoAE) rising to 19% in 2011 from 5% in 2010. This
increase enabled the bank to continue its loan growth strategy
(the volume of gross loans grew by 25% in 2011) without
threatening its capital (the Tier 1 ratio stood at 14.1% as of
YE2011).

Moody's believes that Kaspi Bank's asset quality and capital
adequacy is stabilizing. Problem loans amounted to 17.9% of total
loan book as of YE2011 (2010: 14.9%) with the major portion
attributable to corporate and SME loans; and the problem loans
were sufficiently covered by loan loss reserves (accounted for
15.7% of total loans as at YE2011). Although Moody's expects
further deterioration of Kaspi Bank's corporate portfolio, the
ultimate impact on capital will be limited due to healthy retail
lending revenues.

Moody's explains that any material adverse changes in Kaspi
Bank's risk profile -- particularly any significant weakening of
the bank's liquidity position or deterioration of its asset
quality together with an inability to maintain capital base --
would exert negative pressure on the bank's ratings. Conversely,
any possible upgrade of Kaspi Bank's ratings will be contingent
on the bank's ability to materially reduce its borrower and
depositor concentrations, further develop its franchise, while
also demonstrating a sustained track record of improvement in
financial fundamentals.

Principal Methodologies

The methodologies used in this rating were Bank Financial
Strength Ratings: Global Methodology published in February 2007,
and Incorporation of Joint-Default Analysis into Moody's Bank
Ratings: Global Methodology published in March 2012.

Headquartered in Almaty, Kazakhstan, Kaspi Bank reported total
audited IFRS assets of US$2.9 billion and net income of US$58
million as at YE2011.



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


MATTERHORN MOBILE: S&P Assigns 'B+' Long-Term Corp. Credit Rating
-----------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B+' long-term
corporate credit rating to Luxembourg-based Matterhorn Mobile
Holdings S.A., the ultimate holding company of the third-largest
wireless network operator in Switzerland. The outlook is stable.

"At the same time, we assigned a recovery rating of '2' and an
issue rating of 'BB-' to the secured bank loans and the secured
bond issued by Matterhorn Mobile S.A., a subsidiary of Matterhorn
Mobile Holdings S.A., which guarantees the securities. We also
assign a recovery rating of '6' and an issue rating of 'B-' to
the senior bond issued by Matterhorn Mobile Holdings S.A.," S&P
said.

The ratings on Matterhorn Mobile Holdings S.A. are constrained,
in Standard & Poor's view, by Matterhorn Mobile S.A.'s
"aggressive" financial risk profile, following its leveraged
buyout from France Telecom, and supported by S&P's assessment of
a "fair" business risk profile.

"The financial risk profile reflects our view of an aggressive
financial policy given the company's private equity ownership, as
well as our expectation of modest free cash flow generation and
meaningful debt leverage, with Standard & Poor's-adjusted ratio
of debt to EBITDA likely within a 4.0x-4.5x range in 2012-2013,"
S&P said.

"In our assessment, the business risk profile is constrained by
the company's lack of scale and diversity, owing to its narrow
business and geographic focus, considerable competition from the
dominant market player, and some execution risk as the company
rolls out its new strategy and becomes a self-standing company,"
S&P said.

"The stable outlook reflects our view that the company's
financial risk profile will remain in line with the rating. We
expect that both revenues and EBITDA will grow slightly, likely
benefiting from supportive local economic and industry
conditions, the execution of the company's recent strategic
projects, and active cost optimization," S&P said.

"We could raise the rating by one notch if annual free cash flow
meaningfully strengthened toward CHF80 million, assuming leverage
was sustained below 4.5x and that operating performance continued
to support our 'fair' business risk profile assessment. The
majority control by private equity shareholders could, however,
be a constraint," S&P said.

"We could lower the ratings if leverage shoots up to 5.5x, but we
consider this to be a remote possibility. We believe this would
likely occur if the business risk profile weakened significantly
or as a result of a recapitalization," S&P said.



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


BW GROUP: Moody's Downgrades CFR to 'Ba2'; Outlook Negative
-----------------------------------------------------------
Moody's Investors Service has downgraded the corporate family and
senior secured bond ratings of BW Group Ltd (BW) to Ba2 from Ba1.

The outlook on the rating is negative.

Ratings Rationale

"BW's rating downgrade reflects its high debt leverage and
weakened level of interest coverage, following a prolonged
weakness in the shipping industry environment," says Vikas Halan,
a Moody's Vice President and Senior Analyst.

"Moreover we do not expect any material improvement in BW's
credit metrics -- and its weak financial profile -- in the next 2
years, given the unfavorable outlook on its profitability due to
1) an oversupply in the tanker segment; 2) depressed freight
rates; 3) expiring tonnage contracts; and 4) rising bunker fuel
costs," says Mr. Halan.

BW's credit metrics, which have been weak for its rating level,
deteriorated further in 2011 with its adjusted Debt/EBITDA
increasing to 6.2x from 5.9x in 2010 and EBIT/Interest declined
to 1.1x from 2.6x.

Its pre-impairment EBITDA margin declined to 40% in 2011 from 44%
in 2010. The fall was largely attributable to the company's
tanker segment which was hit by oversupply in the industry
leading to a 48% decline in average daily charter rates for that
segment of BW. Its product and gas tankers have also continued to
show weak profitability.

The oversupply situation and depressed freight rates are expected
to continue for the next 2 years.

BW's profitability will also remain under pressure as more of its
tonnages face expiring contracts. Out of 14 very large crude
carriers owned by BW, 2 were on time charters at the end of 2011,
and which will expire in 2012. Out of 12 product carriers, 9 are
on time charters that expire evenly in 2012 and 2013.

In addition, Moody's does not expect bunker fuel costs to soften;
putting pressure on BW's profit margins because they cannot be
entirely passed on to customers. Bunker fuel costs have gone up
8% on average in the first 5 months of 2012. They were up almost
37% on average in 2011, compared with 2010.

"Another deterioration is BW's reducing flexibility relative to
its asset value for supporting bank credit facilities," says
Halan.

BW recorded a US$183 million decline in the value of its vessels
in 2011 due to a fall in the market value of vessels in the
industry, because of oversupply. This has increased pressure on
the company to top up the collateral pool for its lenders.

Although BW has additional unencumbered vessels worth US$1.1
billion, only about one-fourth of this total is readily available
to be offered as collateral. This should be sufficient to cover a
further 10% decline in vessel values. The balance of unencumbered
vessels -- comprising 8 unencumbered LNG vessels in a JV with
Marubeni and 2 LNG vessels under construction, will be available
only upon approval by the JV partner and on completion in 2014
and 2015, respectively.

An alternative source of funding is its 47% stake in Oslo listed
subsidiary - BW Offshore, valued at approximately US$350 million
based on the market value of the company as at June 13, 2012.

The rating outlook could return to stable if BW can demonstrate
good liquidity, e.g. cash plus committed and available undrawn
bank facilities above US$300 million, and an improvement in its
profit margin, such that adjusted combined Debt/EBITDA (including
BW Offshore) falls below 6.0x and combined EBIT/interest measures
1.5x-2.0x, on a sustainable basis.

On the other hand the rating could come under pressure if BW(1)
experiences further deterioration in its profit margins; (2)
takes on debt-funded expansion/acquisitions; or (3) experiences
further declines in unencumbered assets, which are an important
buffer for meeting the loan to value test for its bank credit
facilities.

Credit metrics indicating downgrade pressure include Debt/EBITDA
increasing beyond 6.0x-6.5x and or EBIT/interest falling below
1.5x--1.0x.

The principal methodology used in rating BW Group Limited was the
Global Shipping Industry Methodology published in December 2009.

BW is a privately held holding company, of which 93% is owned by
the Sohmen family and 7% by HSBC. BW owns a 47% stake in BW
Offshore Ltd, an Oslo listed company and the world's second
largest FPSO owner and operator.



===========
P O L A N D
===========


CYFROWY POLSAT: S&P Raises Corporate Credit Rating to 'BB'
----------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term corporate
credit rating on Cyfrowy Polsat S.A., a leading Polish local pay-
TV platform and TV broadcasting company to 'BB' from 'BB-'. The
outlook is stable. "We also raised our issue rating on the EUR350
million senior secured notes due 2018 issued Cyfrowy Polsat
Finance AB to 'BB' from 'BB-'," S&P said.

"The upgrade reflects Polsat's improved financial risk profile,
which we now assess as 'significant' under our criteria, compared
with 'aggressive' previously. Since the integration of Telewizja
Polsat (TV Polsat) -- its free-to-air sister company -- and
refinancing of its capital structure in 2011, Polsat's financial
ratios have improved beyond our previous expectations. We
anticipate that this trend will continue, albeit at a slower
pace, in 2012," S&P said.

"The upgrade also reflects our expectation that Polsat will
pursue a moderate financial policy and generate meaningful
amounts of free operating cash flow, which it will use to further
reduce debt beyond its scheduled debt amortization payments," S&P
said.

"The ratings reflect Polsat's 'fair' business risk and
'significant' financial risk profiles, as our criteria define
these terms, and continue to reflect our view of the still high
debt following the acquisition of TV Polsat in April 2011; of
geographic exposure limited to a single economy; of a highly
competitive and maturing pay-TV market; and of exposure to
cyclical advertising revenues from broadcasting activities," S&P
said.

"These weaknesses are partly offset by Polsat's leading and
highly profitable position in the Polish pay-TV market; sound
free cash flow generation, which should enable it to deleverage
relatively quickly over the medium term; and solid profitability,
owing both to economies of scale and the management's strong
focus on cost control," S&P said.

"The stable outlook reflects our expectation that Polsat will
continue to pursue a moderate financial policy and continue to
reduce financial debt. It further reflects our view that, despite
exposure to cyclical and volatile advertising revenues and
potential for increased competition in the Polish pay-TV market,
Polsat will be able to maintain the revenue and earnings
generation necessary to keep financial ratios commensurate with
the current long-term rating, such as adjusted debt to EBITDA of
less than 4.0x and adjusted funds from operations (FFO) to debt
of more than 20%," S&P said.

"We could raise the rating if Polsat's adjusted debt to EBITDA
reduced to less than 3.0x and if adjusted FFO to debt increased
to more than 30% on a sustainable basis, supported by positive
free cash flow generation and a prudent financial policy,
regarding acquisitions and shareholder remuneration," S&P said.

"We could lower the rating if Polsat's leverage were to increase
to 4.0x adjusted debt to EBITDA, or if the adjusted FFO-to-debt
ratio were to fall to less than 20%. Factors that could
contribute to such a development include, for example, a reverse
in the currently favorable operating trends or a return to a more
aggressive financial policy than we currently anticipate," S&P
said.



===============
P O R T U G A L
===============


BANCO POPULAR: Fitch Cuts LT Issuer Default Rating to 'BB+'
-----------------------------------------------------------
Fitch Ratings has downgraded Banco Popular Portugal SA's (BPP)
Long-term Issuer Default Rating (IDR) to 'BB+' from 'BBB-' and
its Short-term IDR to 'B' from 'F3'.  The Long-term IDR has a
Negative Outlook.  BPP's Support Rating has also been downgraded
to '3' from '2'.

These rating actions reflect a weakening of potential parent bank
support following the downgrade of Spain's Banco Popular Espanol,
S.A.'s.

Fitch believes there still to be a moderate probability that BPP
would be supported by Popular, if needed, and this drives its
Long-term IDR.  BPP is now at the same level as the Portuguese
sovereign's Long-Term IDR ('BB+'/Negative), and its ratings
remain sensitive to a downgrade of the Long-term IDR of either
Popular, Portugal, or both.

BPP is a niche player in the Portuguese banking sector and is a
wholly owned subsidiary of Popular.  Since 2003 the focus has
been on transforming BPP from a real estate bank into a SME and
retail bank.

The impact, if any, of the above rating actions on BPP's covered
bonds will be detailed in a separate comment



===========
R U S S I A
===========


OMZ: S&P Suspends 'B-' Long-Term Corporate Credit Rating
--------------------------------------------------------
Standard & Poor's Ratings Services suspended its 'B-' long-term
corporate credit rating and its 'ruBBB' Russia national scale
long-term rating on Russia-based heavy engineering holding
company OMZ. At the time of the suspension, the outlook was
stable.

"The ratings suspension reflects the lack of sufficient and
timely information necessary for us to maintain surveillance of
the ratings on OMZ, in accordance with our standards. The lack of
information restricts our ability to assess the company's
liquidity position and business and financial risk profiles," S&P
said.

"OMZ last published detailed consolidated audited financial
statements complying with International Financial Reporting
Standards in May 2012, for the year ended Dec. 31, 2011. We
believe that the lack of sufficient and timely information, which
we view as crucial for maintaining the rating, may reflect
changes in the management team in the past 12 months, and in our
view may be rectified in the coming months," S&P said.

"Standard & Poor's may suspend a rating if we foresee that we
could reinstate the rating at a later date. The rating suspension
does not imply that OMZ is not servicing its financial
obligations, or that the company's operations have deteriorated,
but rather that sufficient information is not available to us to
determine our opinion of the company's credit quality. We may
reinstate the ratings on OMZ after the receipt and analysis of
the information that we need to maintain the ratings, and if we
believe such information will be supplied on an ongoing basis.
Should we not receive sufficient reliable information to maintain
the rating, we will withdraw the rating," S&P said.


SOVCOMFLOT JSC: Moody's Changes Outlook on 'Ba1' CFR to Negative
----------------------------------------------------------------
Moody's Investors Service has changed to negative from stable the
outlook on the Ba1 corporate family rating (CFR) and probability
of default rating (PDR) of Sovcomflot JSC (SCF). Concurrently,
Moody's has changed to negative from stable the outlook on SCF's
Ba2 issuer rating and the senior unsecured rating assigned to the
USD800 million Eurobond issued by SCF Capital Limited, which is a
100% indirect subsidiary of SCF (SCF guarantees the Eurobond).

As SCF is a 100% state-owned company, Moody's applies its
Government-Related Issuer (GRI) rating methodology in determining
the company's CFR. According to this methodology, the rating is
driven by a combination of (i) SCF's baseline credit assessment
(BCA) of 13 (mapping to Ba3); (ii) the Baa1 local currency rating
of the Russian government; (iii) the low default dependence
between SCF and the government; and (iv) the strong probability
of government support.

Ratings Rationale

The change of outlook reflects Moody's concerns about SCF's
ability to restore its credit profile to the levels commensurate
with its current BCA, in which the company remains weakly
positioned, over the next 12-18 months. As of the end of March
2012, SCF's leverage of 6.5x debt/EBITDA was weaker than the
rating agency anticipated and higher than would be required for
the Ba3 BCA on a sustainable basis. In addition, the continuing
difficult global tanker market environment, along with the
company's ongoing investment in expansion of its fleet, limits
the potential for leverage reduction. Although Moody's expects
SCF's future interest coverage metrics to be in line with the
rating agency's guidance for its current BCA, its leverage may
remain above the guidance level, thereby exerting pressure on the
company's ratings.

At the same time, Moody's continues to acknowledge SCF's solid
business profile, thanks to its (i) strong customer base; (ii)
diversification, given that it operates gas transportation and
offshore businesses as well as its conventional tanker business;
(iii) specialized ice-class fleet (including Arctic shuttle
tankers), which provides the company with a competitive advantage
for servicing projects and operations in harsh weather
conditions; (iv) conservative fleet management, with only limited
exposure to the spot tanker market; and (v) adequate liquidity,
which covers its debt maturities over the next 12-15 months.

Moody's notes that SCF faces a moderate refinancing risk in third
quarter 2013, when the bulk of its revolving credit facilities
mature. However, the rating agency views this risk as manageable
due to the company's strong operating profile and substantial
unencumbered fleet.

As stated above, there is a one-notch difference between the CFR
and both SCF's issuer rating and the senior unsecured rating
assigned to SCF Capital's Eurobond issuance. This differential
continues to reflect the structural and contractual subordination
of the bond to secured debt, which comprises a major portion of
the SCF group's total debt.

What Could Change The Rating Up/Down

Moody's could upgrade SCF's rating by one notch if it were to
raise the company's BCA to Ba2 from Ba3. That said, Moody's
considers it unlikely that any upward pressure could be exerted
on the BCA over the next 12-18 months. However, upward pressure
could build in the longer term if SCF were to reduce its
debt/EBITDA ratio to 5.0x or below and increase its (funds from
operations (FFO) + interest expense)/interest expense ratio to
3.75x on a sustainable basis, while maintaining its adequate
liquidity profile.

Conversely, Moody's could downgrade SCF's rating by one notch if
the rating agency were to lower the company's BCA to B1 from Ba3.
Moody's could lower the BCA by one notch if there were to be no
clear improvement trend with regard to SCF's financial metrics,
with the company's debt/EBITDA trending towards 5.5x and its FFO
interest coverage rising above 3.5x over the next 12-18 months
(compared with 6.5x and 3.3x, respectively, as of March 2012).
Since SCF's adequate liquidity profile is an important supportive
factor, its material weakening would also exert downward pressure
on the rating. A downgrade of the sovereign rating by one notch
would not by itself trigger a downgrade of SCF's rating, provided
that all the other GRI inputs remain unchanged.

Principal Methodology

The methodologies used in these ratings were Global Shipping
Industry published in December 2009, Government-Related Issuers:
Methodology Update published in July 2010, and Loss Given Default
for Speculative-Grade Non-Financial Companies in the U.S., Canada
and EMEA published in June 2009.

Sovcomflot is the leading Russian energy shipping group,
servicing approximately 25% of all seaborne hydrocarbons exports
from Russia. The company is 100% state-owned. As of March 2012,
SCF's last-12-months revenues were USD1.5 billion. The company
ranks among the world's top five energy shipping players by
deadweight tonnage (DWT), with a fleet of 158 vessels, of which
four are chartered in and nine are chartered out to an associate
company, for a total of 11.7 million DWT. In addition, 16 ordered
buildings, totaling 1.7 million DWT, are to be delivered in 2012-
14.


* KRASNOYARSK KRAI: S&P Affirms 'BB+' Issuer Credit Rating
----------------------------------------------------------
Standard & Poor's Ratings Services affirmed its 'BB+' long-term
issuer credit and 'ruAA+' Russia national scale ratings on
Russian Krasnoyarsk Krai. The outlook is stable.

The '3' recovery rating on Krasnoyarsk Krai's unsecured debt is
unchanged.

"The ratings on Krasnoyarsk Krai, a vast territory in Russia's
eastern Siberian region, reflect Standard & Poor's Ratings
Services' view of the krai's revenue volatility stemming from
significant taxpayer concentration and exposure to commodity
markets. The krai also has low budgetary flexibility typical of
Russian regions because of federal controls within a developing
and unbalanced institutional framework and faces pressures from
operating costs and infrastructure requirements," S&P said.

These weaknesses are partly offset by the krai's low debt burden,
expected moderate budgetary performance, and strong liquidity
position.

"The stable outlook reflects our view that Krasnoyarsk Krai's
budgetary performance in 2012-2014 might weaken, but will likely
remain moderately sound, because continued pressure on operating
expenditures will be counterbalanced by modest tax revenue growth
and management's adherence to prudent financial policies. Our
base-case scenario assumes a positive liquidity position and a
low debt service of about 4%-6% of adjusted operating revenues,"
S&P said.

"We could take a negative rating action within the next 12 months
if the krai's management were unable to control operating
spending growth and capital-spending flexibility decreased,
which, combined with weaker revenues stemming from a sharp
correction in world commodity prices, would lead to a
structurally weakening budgetary performance with negative
operating balances and debt accumulation in line with our
downside scenario," S&P said.

"We could raise the ratings if the krai's long-term planning and
financial policies were formalized, and a liquidity policy that
would be sufficient in our view to offset the krai's revenue
volatility was institutionalized. However, this process would
likely take more than our outlook horizon time of one year.
Ongoing economic diversification with decreasing exposure to the
largest taxpayers would also have a positive effect on the
ratings over the long term," S&P said.



=====================================
S E R B I A   &   M O N T E N E G R O
=====================================


* MONTENEGRO: S&P Downgrades Sovereign Credit Ratings to 'BB-'
--------------------------------------------------------------
Standard & Poor's Ratings Services lowered its long-term foreign
and local currency sovereign credit ratings on the Republic of
Montenegro to 'BB-' from 'BB'. "At the same time we affirmed our
short-term foreign and local currency ratings at 'B'. The outlook
on the long-term ratings is stable," S&P said.

Montenegro's '3' recovery rating reflects our opinion of a 50%-
70% recovery in the event of a default. The transfer and
convertibility (T&C) assessment remains at 'AAA'.

"The rating action reflects our view that the government is
facing increasing challenges to its efforts to stabilize public
debt levels given the weakening economic environment, pressures
arising from contingent liabilities, and diminishing external
bank financing. Constraining the ratings are our view of
Montenegro's weak external position and limited administrative
capacity, as well as its lack of monetary flexibility. Our view
of the country's economic potential, anchored by the prospect of
EU accession, is a ratings strength," S&P said.

"We project GDP growth will decelerate in 2012 to 0.5%, after a
moderate recovery during 2010-2011. Domestic demand remains
subdued due to anemic credit growth and the large private sector
debt overhang. At the same time, the weakening external
environment and repeated delays on key supply-side reforms --
which, if implemented, could materially increase capacity in the
transport, tourism, and hydro-energy sectors -- are hampering
Montenegro's export and overall growth performance, in our view,"
S&P said.

"The financial sector has continued to deleverage as foreign
banks' local subsidiaries increasingly rely on domestic deposits
to fund their loan books. At end-2011, the stock of external
banking sector debt had declined by 40% from its peak in 2008,
implying a reduction in the loan-to-deposit ratio (excluding non-
resident deposits) to 135% in April 2012, from 223% in April
2009," S&P said.

"The financial sector deleveraging has been largely offset by a
rapid rise in public sector external debt to 80% of current
account receipts (CARs) in 2012, from 34% in 2008. Montenegro's
net external liability position has risen sharply over the same
period to 335%, from 212%, but still-substantial FDI inflows have
cushioned the impact on debt. External debt (net of liquid
assets) stayed at a relatively high 77% of CARs in 2011. However,
we believe the denominator could be understated, possibly by
about 20%, as a large proportion of tourism receipts remain
unrecorded. This is visible in sizeable positive errors and
omissions (E&O) of 11.8% of GDP on average between 2009 and
2011," S&P said.

"The continuous withdrawal of credit from Montenegro's private
sector has interrupted the flow of working capital into the
economy. As a consequence, several companies have accumulated
arrears to both private and public sector agents. Arrears
accumulation is also hindering the government's ability to
consolidate public finances," S&P said.

While reducing its deficit to 4.0% of GDP in 2011, from 4.9% in
2010, the government was unable to meet its original 2011 cash-
based budgetary target of 2.3% of GDP. This failure was due to:

-  An accumulation of tax arrears at about 0.7% of GDP during
    2011; and

-  The impact of rising unemployment and one-off early
    retirement commitments on social security transfers, which
    increased from 11.4% of GDP in 2008 to 13.9% in 2011
    (offsetting cuts to public capital expenditure).

"In our opinion, the general government may not be able to meet
its revised deficit target of 2.5% of GDP in 2012. In January-
April 2012, the general government deficit had already reached
2.5% of projected full year GDP, due to the VAT collection
shortfall," S&P said.

"Parliament passed a supplementary budget in May, which assumes
additional consolidation measures of about 1.2% of GDP, including
a 7% wage cut for high-ranking public employees and further cuts
in capital spending. However, we think these measures alone are
not likely to reduce the cash deficit if companies continue to
accumulate tax arrears and/or the tourism sector underperforms.
Social transfers and gross salaries dominate government spending
(26% of GDP), and the government has so far been reluctant to
make cuts to these politically sensitive areas. Give this lack of
flexibility around reducing entitlement spending, we continue to
see risks to the sustainability of public finances over the
medium term," S&P said.

"The government has also had to honor some of its guarantees,
which has damaged its fiscal position. It repaid the debt of
steel mill, Zeljezara Niksic, at a cost of 1% of GDP in 2011
(under an agreement that also required it to fund the early
retirement of its employees). In February 2012, it also decided
to assume the debt aluminum producer, Kombinat Aluminijuma
Podgorica (KAP) owes to Deutsche Bank, which cost the government
0.6% of GDP. KAP's total debt is about 10% of Montenegro's GDP.
We understand that the government is thinking about assuming a
further 3.1% of GDP of state-backed debt owed by KAP to
international lenders. If the government takes this onto its
balance sheet, general government debt net of liquid assets could
increase to 49% of GDP in 2012, from 43% in 2011," S&P said.

"Montenegro unilaterally adopted the euro as its currency in
2002. It is not part of the European Economic and Monetary Union
(eurozone), and so has no voice in the European Central Bank's
(ECB) monetary policy deliberations and no access to ECB
liquidity facilities. Although using the euro has facilitated
large inflows of FDI and tourism, it also limits monetary policy
flexibility. This increases the importance of building up fiscal
reserves to buffer against the effects of cyclical downturns on
the public sector balance sheet," S&P said.

"In our opinion the government has made some progress on
structural reforms, including the implementation of new pension
legislation aiming to raise the retirement age to 67 years from
the current 65 for men and 60 for women. That said, we believe
further structural and microeconomic reforms would improve
Montenegro's long-term growth prospects. Despite the adoption of
a new labor law, which reduces the cost of using permanent labor
by reducing redundancy payments, labor market rigidities persist.
Furthermore, restrictive collective bargaining covers a large
part of the labor force. An unintended consequence is that youth
unemployment remains high at about 30%," S&P said.

"Another structural weakness includes ongoing power subsidies to
KAP, which we estimate consumes about 30% of total domestic
electricity capacity. EPCG, the national energy company, has to
pay a higher price for imported electricity to cover KAP's needs.
If KAP ceased operation, Montenegro would become a net exporter
of electricity, which would also help to improve the country's
external balance," S&P said.

"The 'AAA' T&C assessment reflects our opinion of the extremely
low likelihood of the sovereign restricting nonsovereign access
to foreign currency needed for debt service, while the local
currency remains the euro," S&P said.

"The stable outlook balances our view of risks from any further
deterioration in the external environment against the
government's general willingness to pursue reforms that address
economic weaknesses," S&P said.

"We could lower the ratings if we believed that external
refinancing needs were placing more-intense pressure on the
Montenegro economy than we currently expect. Under such a
scenario, government debt and deficit levels could rise to levels
inconsistent with our current fiscal assessment," S&P said.

"We could raise the ratings if the government implemented labor
market and business environment reforms that improved economic
competitiveness, diversified the economy, and increased capacity
in key sectors, while external and fiscal imbalances unwound,"
S&P said.



=====================
S W I T Z E R L A N D
=====================


CARBOFER GENERAL: Declared Bankrupt Last Month
----------------------------------------------
Silvia Antonioli and Jonathan Saul at Reuters report that
Carbofer General Trading was declared bankrupt last month.

CGT, once a large player in the spot coal and steel trade, was
declared bankrupt on May 16, the bankruptcy office of Lugano told
Reuters, as market conditions worsened and financing froze up.

According to Reuters, the Danish Sea and Maritime court said its
Copenhagen-based shipping branch Carbofer Maritime Trading was
declared bankrupt about a month earlier.

Carbofer grew rapidly from its start up 2004 to generate revenue
of US$4 billion in 2008 during the commodity boom year, but a
mixture of tight credit conditions and unsuccessful deals had
shrunk the company over the past two years, Reuters recounts.

After an unsuccessful attempt to recapitalize the company through
the sale of a substantial stake to an Indian investor last year,
its financial situation deteriorated, Reuters relates.

Creditors of both the trading and the shipping arm had started to
move to recover hefty debts from the Russian-owned firm, Reuters
discloses.

"We are still actively chasing our claims, pursuing any possible
legal avenue to try and get to these guys," Reuters quotes an
executive at Norwegian shipping firm Western Bulk, which is
bringing a UK High Court claim over a broken a long-term charter
contract, as saying.  "We are not giving up yet."

Carbofer General Trading is a Swiss steel and coal trader.



===========
T U R K E Y
===========


ANADOLU EFES: S&P Raises Rating From 'BB+'; Outlook Stable
----------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term rating on
Turkish beverage group Anadolu Efes Biracilik ve Malt Sanayii to
'BBB-' from 'BB+'. The outlook is stable.

"The upgrade reflects an improvement in Anadolu Efes' business
risk profile following the completed take over of SABMiller's
Russian and Ukrainian businesses. The deal involved the transfer
of all of SABMiller's production facilities and brand portfolio
in Russia and Ukraine to Anadolu Efes in exchange for a 24% stake
in Anadolu Efes without recourse to debt financing," S&P said.

"As a result of the transaction, Anadolu Efes became the second-
largest player in the Russian beer market. We expect the company
to benefit from its stronger competitive position and larger
economy of scale and better control its input costs, particularly
in the supply chain and route-to-market areas. We consequently
have revised our business risk profile assessment to
'satisfactory' from 'fair'," S&P said.

Anadolu Efes' "intermediate" financial risk profile continues to
be constrained by the fact that almost all of its maturities are
due in the short period of three years, and low diversification
of liquidity sources with reliance on cash and uncommitted lines.
"At the same time, Anadolu Efes' modest debt leverage in our view
mitigates its heavy exposure to foreign currency on the debt side
and interest rate volatility," S&P said.

"The stable outlook reflects the resilience and strength of
Anadolu Efes' cash generation, although this is somewhat limited
by its concentration on its Turkish operations. We expect the
group to maintain debt leverage in the range of 1.0x-2.0x
adjusted debt to EBITDA and continue showing positive free cash
flow generation. The stable outlook also reflects our assumption
that the company will meaningfully address some of the
refinancing and market risks currently weighing on its financial
risk profile. In particular, we would consider longer debt
maturities and lower exposure to floating interest rates as
important rating factors," S&P said.

"We could take negative rating actions if leverage increases and
remains more than 2x fully adjusted debt to EBITDA because of
performance, acquisitions, or currency fluctuations. We think
that a key downside risk would likely result from unexpected
deviation from the company's disciplined approach toward future
acquisitions. Downward rating pressure might also develop if
Turkey's transfer and convertibility assessment is lowered from
the current 'BBB-' level if Standard & Poor's concludes that
there is an increased likelihood of the Turkish government or
central bank restricting nonsovereign access to foreign exchange,
which would limit the company's ability to service its foreign
currency-denominated debt," S&P said.

"A further upgrade appears remote at this time and would depend
not only on the company's credit quality, but also on the
transfer and convertibility assessment on Turkey, which is
currently at the same level as the long-term corporate credit
rating on Anadolu Efes, which, according to our criteria,
effectively limits any upside potential," S&P said.



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


ALLDERS OF CROYDON: In Administration; 300 Jobs at Risk
-------------------------------------------------------
Housewareslive.net reports that Allders of Croydon has gone into
administration, putting 300 jobs at risk.

According to Housewareslive.net, Allders has appointed Duff &
Phelps as administrator to explore "all options" to save the
business, blaming a sales decline on "the well-publicized
economic difficulties facing the UK".

Housewareslive.net relates that Allders director Andrew Mackenzie
said: "We will now work with the administrator to continue
ongoing discussions with funders and other interested parties in
the business.  With the considerable support already given by
Croydon Council and our landlord Minerva, I would hope that
additional investment or a sale can be achieved."

Allders remains open for business and the company, a cited by
Housewareslive.net, said: "Concession partners are continuing to
support the business during the administration.  Outstanding
customer orders continue to be fulfilled."

Allders of Croydon is a Surrey department store.


DIXONS RETAIL: ISDA to Rule on CDS Restructuring Credit Event
-------------------------------------------------------------
Abigail Moses at Bloomberg News reports that the International
Swaps & Derivatives Association was asked to rule on whether
credit-default swaps insuring Dixons Retail Plc debt can be
triggered under a so-called restructuring credit event.

The U.K. electronics retailer extended the maturity of a
revolving credit line in May, Bloomberg relates.

Headquartered in Hemel Hempstead, England, Dixons Retail plc is
one of Europe's leading specialist consumer electrical retailers.
It posted revenues of GBP8.3 billion for the financial year ended
April 30, 2011.


PETROPLUS HOLDINGS: Igor Yusufov Still Eyes Coryton Bid
-------------------------------------------------------
Benjamin Dow at Bloomberg News, citing Reuters, reports that
former Russian envoy for energy cooperation Igor Yusufov is still
interested in buying Petroplus's Coryton refinery.

According to Bloomberg, Reuters said that Mr. Yusufov's company
Fund Energy is the sole remaining bidder.

As reported by the Troubled Company Reporter-Europe on Jun 15,
2012, Bloomberg News related that Coryton is currently being
wound down as crude supplies run out, and redundancies are
expected this week.

                         About Petroplus

Based in Zug, Switzerland, Petroplus Holdings AG is one of
Europe's largest independent oil refiners.

Petroplus was forced to file for insolvency in late January after
struggling for months with weak demand due to the economic
slowdown in Europe and overcapacity amid tighter credit
conditions, high crude prices and competition from Asia and the
Middle East, MarketWatch said in a March 28 report.

According to MarketWatch, Petroplus said in March a local court
granted "ordinary composition proceedings" for a period of six
months. As part of the court process, Petroplus intends to sell
its assets to repay its creditors.

Some of Petroplus' units in countries other than Switzerland have
filed for "different types of proceedings" and are currently
controlled by court-appointed administrators or liquidators,
which started the process to sell assets, including the company's
refineries.


PIPE HOLDINGS: S&P Raises Long-Term Corporate Credit Rating
-----------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term corporate
credit rating on U.K.-based plastic pipe manufacturer Pipe
Holdings PLC (Pipe) to 'B' from 'B-'. The outlook is stable.

"At the same time, we raised to 'B' from 'B-' our debt rating on
the GBP150 million 9.5% senior secured notes, due Nov. 1, 2015,
issued by Pipe. The recovery rating on these notes is unchanged
at '3', indicating our expectation of meaningful (50%-70%)
recovery prospects in the event of a payment default," S&P said.

"The upgrade reflects our view of a material reduction in Pipe's
Standard & Poor's-adjusted debt following changes made to equity
at Pipe's ultimate parent, Hamsard 3054 Ltd. (Hamsard).
Specifically, we view Pipe's transfer of GBP204 million of the
nominal value of its preference shares -- which we view as debt-
like -- to its share premium account as constituting a change to
equity from debt under our criteria. This follows Pipe's
substantial clean-up of the group's capital structure during the
2010 refinancing, whereby various instruments, including
shareholder loans, were consolidated as preference shares at the
Hamsard level," S&P said.

"As a result, Pipe's fully adjusted credit metrics improved
significantly at year-end 2011, with the ratio of funds from
operations (FFO) to debt climbing to 18.7% from 4.9% in 2010. At
the same time, debt to EBITDA improved to 3.4x from about 10x in
the prior year," S&P said.

"Nevertheless, we continue to assess Pipe's business risk profile
as 'weak,' which, along with our view of a fragile U.K. trading
environment, constrains the ratings," S&P said.

"The strengthening of Pipe's credit metrics was also supported by
improvements in the company's underlying operating performance.
Adjusted 2011 EBITDA improved by 13% over 2010 to GBP40 million,
driven primarily by price increases and cost-reduction measures.
We believe this trend will continue in 2012, with further price
increases offsetting increased cost inflation. This is despite
our view of continued weakness in Pipe's end-markets and our
forecast of reduced volumes," S&P said.

"As a result of the improvements in credit metrics and operating
performance, we have revised our assessment of Pipe's financial
risk profile upward to 'aggressive,' from 'highly leveraged'
previously. In our view, the group should be able to maintain
credit metrics at the upper end of the ranges we consider
commensurate with an 'aggressive' financial risk profile in the
coming years," S&P said.

"The ratings could come under pressure should operating
performance fall significantly short of our forecasts, resulting
in FFO to debt falling to the low teens. Ratings downside could
also arise should we deem liquidity to be 'less than adequate'
under our criteria. This could occur as a consequence of
aggressive management actions such as bolt-on acquisitions, or a
failure to comply with financial covenants, including those
restricting financial indebtedness and specifying minimum EBITDA
generation. We do not currently anticipate such occurrences," S&P
said.

"Ratings upside is limited and will require a much more
supportive trading environment in the U.K., which we do not
currently expect in the next 12 months," S&P said.


TATFONDBANK: Moody's Downgrades BFSR to 'E'; Outlook Stable
-----------------------------------------------------------
Moody's Investors Service has downgraded Tatfondbank's standalone
bank financial strength rating (BFSR) to E, mapping to caa1 on
the long-term scale, from E+/b3 following a deterioration in its
risk profile. The bank's debt and deposit ratings have also been
downgraded to B3 from B2. The Not-Prime short-term rating was
affirmed. The outlook on all ratings is stable.

Ratings Rationale

The downgrade of the BFSR reflects Moody's concerns that
Tatfondbank's standalone credit profile, particularly its
capitalization, has weakened. The bank's Tier 1 ratio (Basel I)
fell to 9.4% at YE2011 from 12.0% at YE2010, largely due to rapid
growth of 28% in risk assets in 2011. The bank's shareholders are
planning to provide the bank with RUB2 billion in Tier 1 capital
in the coming months, which will support capitalization somewhat,
but is unlikley to materially strengthen the bank's risk profile.

Moody's notes that Tatfondbank's Tier 1 capital is fully
immobilized in non-core assets (mainly investments in land and
real estate). At YE2011, these investments made up 119% of Tier 1
(2010: 109%). Moreover, its actual exposure is expected to exceed
this figure, as it provides loans to companies which invest in
these assets.

In addition, the bank has increased its exposure to equities
(including through reverse repurchase agreements) to 54% of Tier
1 at YE2011, from 21% in 2010. Moody's views these investments as
high-risk.

The downgrade of Tatfondbank's long-term ratings to B3 follows
the downgrade of the BFSR. Moody's incorporates a low probability
of support from the Republic of Tatarstan (Ba1 stable), which
results in a one notch uplift from the bank's standalone credit
strength. According to the bank, Tatarstan -- which now directly
and indirectly holds a 33.4% stake at the bank -- would remain a
large shareholder at the bank after the planned capital increase.

The methodologies used in this rating were Bank Financial
Strength Ratings: Global Methodology published in February 2007,
and Incorporation of Joint-Default Analysis into Moody's Bank
Ratings: Global Methodology published in March 2012.

Tatfondbank is headquartered in the City of Kazan, Russia and had
total consolidated assets of RUB78.9 billion (around USD2.6
billion) and shareholders' equity of RUB6.4 billion at YE2011.



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


* BOND PRICING: For the Week June 11 to June 15, 2012
-----------------------------------------------------

Issuer                Coupon    Maturity Currency   Price
------                ------    -------- --------   -----

AUSTRIA
-------
A-TEC INDUSTRIES        2.750   5/10/2014     EUR    29.50
A-TEC INDUSTRIES        8.750  10/27/2014     EUR    29.50
A-TEC INDUSTRIES        5.750   11/2/2010     EUR    29.50
BA CREDITANSTALT        5.470   8/28/2013     EUR    68.88
HAA-BANK INTL AG        5.270    4/7/2028     EUR    74.54
IMMOFINANZ              4.250    3/8/2018     EUR     3.68
KOMMUNALKREDIT          4.900   6/23/2031     EUR    65.00
KOMMUNALKREDIT          4.440  12/20/2030     EUR    61.13
OESTER VOLKSBK          4.170   7/29/2015     EUR    65.38
OESTER VOLKSBK          4.160   5/20/2025     EUR    73.06
OESTER VOLKSBK          5.270    2/8/2027     EUR    69.44
OESTER VOLKSBK          4.810   7/29/2025     EUR    60.25
RAIFF CENTROBANK        9.558   1/23/2013     EUR    63.24
RAIFF CENTROBANK        8.283   1/23/2013     EUR    66.65
RAIFF CENTROBANK        7.965   1/23/2013     EUR    74.34
RAIFF CENTROBANK        7.965   1/23/2013     EUR    64.47
RAIFF CENTROBANK        7.646   1/23/2013     EUR    61.75
RAIFF CENTROBANK       11.718   7/25/2012     EUR    26.19
RAIFF CENTROBANK       11.718   7/25/2012     EUR    52.33
RAIFF CENTROBANK       10.090   7/25/2012     EUR    63.73
RAIFF CENTROBANK        9.114   7/25/2012     EUR    48.54
RAIFF CENTROBANK       10.090   7/25/2012     EUR    58.80
RAIFF CENTROBANK       11.000   5/24/2012     EUR    63.35
RAIFF CENTROBANK        9.114   7/25/2012     EUR    74.58
RAIFF CENTROBANK        6.835   7/20/2012     EUR    74.11
RAIFF CENTROBANK       11.000   5/24/2012     EUR    59.89
RAIFF CENTROBANK        7.812   7/20/2012     EUR    55.95
RAIFF CENTROBANK        7.161   7/20/2012     EUR    62.49
RAIFF CENTROBANK        8.463   7/25/2012     EUR    60.16
RAIFF CENTROBANK       10.416   7/20/2012     EUR    43.96
RAIFF CENTROBANK        5.208   7/25/2012     EUR    69.62
RAIFF CENTROBANK        5.208   7/25/2012     EUR    73.30
RAIFF CENTROBANK        7.161   7/25/2012     EUR    64.63
RAIFF CENTROBANK        5.208   7/25/2012     EUR    62.77
RAIFF CENTROBANK        7.812   7/25/2012     EUR    49.15
RAIFF CENTROBANK        9.876   1/23/2013     EUR    47.46
RAIFF CENTROBANK        7.812   7/25/2012     EUR    67.10
RAIFF ZENTRALBK         4.500   9/28/2035     EUR    62.75

BELGIUM
-------
ECONOCOM GROUP          4.000    6/1/2016     EUR    21.56
IDEAL STANDARD I       11.750    5/1/2018     EUR    54.00
IDEAL STANDARD I       11.750    5/1/2018     EUR    53.50

CYPRUS
------
CYPRUS GOVT BOND        4.500   9/28/2017     EUR    61.63
CYPRUS GOVT BOND        4.500    4/2/2017     EUR    63.13
CYPRUS GOVT BOND        4.600   4/23/2018     EUR    60.75
CYPRUS GOVT BOND        4.600  10/23/2018     EUR    59.88
CYPRUS GOVT BOND        4.600   2/26/2019     EUR    59.50
CYPRUS GOVT BOND        6.100   6/24/2019     EUR    65.38
CYPRUS GOVT BOND        5.100   1/29/2018     EUR    63.00
CYPRUS GOVT BOND        6.100   4/20/2020     EUR    64.38
CYPRUS GOVT BOND        5.350    6/9/2020     EUR    60.75
CYPRUS GOVT BOND        6.000    6/9/2021     EUR    60.63
CYPRUS GOVT BOND        6.500   8/25/2021     EUR    61.75
CYPRUS GOVT BOND        4.750   12/2/2015     EUR    69.75
CYPRUS GOVT BOND        4.500    1/2/2016     EUR    68.50
CYPRUS GOVT BOND        4.500   3/30/2016     EUR    67.25
CYPRUS GOVT BOND        4.500    6/2/2016     EUR    66.75
CYPRUS GOVT BOND        5.000    6/9/2016     EUR    69.63
CYPRUS GOVT BOND        4.500   7/11/2016     EUR    65.88
CYPRUS GOVT BOND        4.500   10/9/2016     EUR    65.00
CYPRUS GOVT BOND        6.600  10/26/2016     EUR    71.13
CYPRUS GOVT BOND        4.500    1/4/2017     EUR    64.00
CYPRUS GOVT BOND        4.500   2/15/2017     EUR    63.50
CYPRUS GOVT BOND        5.600   4/15/2017     EUR    69.07
CYPRUS GOVT BOND        4.625    2/3/2020     EUR    57.07
CYPRUS GOVT BOND        5.250    6/9/2015     EUR    73.75
CYPRUS GOVT BOND        4.750   9/30/2015     EUR    70.50
CYPRUS GOVT BOND        3.750   11/1/2015     EUR    68.00
REP OF CYPRUS           4.750   2/25/2016     EUR    57.85
REP OF CYPRUS           4.375   7/15/2014     EUR    70.53

CZECH REPUBLIC
--------------
SAZKA                   9.000   7/12/2021     EUR    35.00

DENMARK
-------
KALMAR STRUCTRD         7.500   9/30/2013     EUR     0.01
KOMMUNEKREDIT           0.500   2/23/2017     ZAR    73.03
KOMMUNEKREDIT           0.500  12/14/2020     ZAR    52.22
KOMMUNEKREDIT           0.500   1/25/2017     ZAR    73.52
VESTAS WIND SYST        4.625   3/23/2015     EUR    64.00

FINLAND
-------
MUNI FINANCE PLC        0.500  11/25/2020     ZAR    50.62
MUNI FINANCE PLC        0.500  11/10/2021     NZD    66.71
MUNI FINANCE PLC        0.500  12/20/2018     ZAR    58.33
MUNI FINANCE PLC        0.500   4/26/2017     ZAR    71.24
MUNI FINANCE PLC        0.500  11/21/2018     ZAR    61.40
MUNI FINANCE PLC        0.500  11/21/2018     TRY    64.54
MUNI FINANCE PLC        0.500   4/27/2018     ZAR    62.41
MUNI FINANCE PLC        0.500  12/14/2018     TRY    64.30
MUNI FINANCE PLC        0.500  12/21/2021     NZD    66.40
MUNI FINANCE PLC        0.500   4/26/2022     ZAR    47.01
MUNI FINANCE PLC        0.500   5/31/2022     ZAR    43.60
MUNI FINANCE PLC        0.500   3/17/2025     CAD    55.45
MUNI FINANCE PLC        0.250   6/28/2040     CAD    23.87
MUNI FINANCE PLC        0.500   3/16/2017     BRL    71.39
MUNI FINANCE PLC        0.500   2/17/2017     BRL    71.82
MUNI FINANCE PLC        0.500   2/16/2017     TRY    72.26
MUNI FINANCE PLC        0.500  12/21/2016     TRY    72.54
MUNI FINANCE PLC        1.000   6/30/2017     ZAR    69.77
MUNI FINANCE PLC        0.500  11/16/2017     TRY    68.54
MUNI FINANCE PLC        0.500   3/28/2018     BRL    65.78
MUNI FINANCE PLC        0.500   12/6/2016     TRY    72.81
MUNI FINANCE PLC        0.500  11/30/2016     BRL    72.96
MUNI FINANCE PLC        0.500  11/17/2016     BRL    73.16
MUNI FINANCE PLC        0.500  11/17/2016     ZAR    73.96
MUNI FINANCE PLC        0.500   4/26/2016     ZAR    76.90
MUNI FINANCE PLC        0.500  10/27/2016     ZAR    74.39
MUNI FINANCE PLC        0.500  10/27/2016     BRL    73.04
MUNI FINANCE PLC        0.500  10/27/2016     TRY    73.21
NOKIA CORP              6.625   5/15/2039     USD    76.25

FRANCE
------
AIR FRANCE-KLM          4.970    4/1/2015     EUR    10.64
ALCATEL-LUCENT          5.000    1/1/2015     EUR     2.77
ALTRAN TECHNOLOG        6.720    1/1/2015     EUR     4.82
ASSYSTEM                4.000    1/1/2017     EUR    21.98
ATOS ORIGIN SA          2.500    1/1/2016     EUR    53.83
AXA SA                  5.250   4/16/2040     EUR    75.28
CAISSE CENT IMMO        7.000   5/16/2014     EUR    35.05
CAISSE CENT IMMO        7.000   9/10/2015     EUR    13.60
CAISSE CENT IMMO        7.000   5/18/2015     EUR    10.73
CALYON                  6.000   6/18/2047     EUR    27.55
CAP GEMINI SOGET        3.500    1/1/2014     EUR    37.50
CGG VERITAS             1.750    1/1/2016     EUR    27.54
CLUB MEDITERRANE        5.000    6/8/2012     EUR    14.01
CLUB MEDITERRANE        6.110   11/1/2015     EUR    17.96
CMA CGM                 8.500   4/15/2017     USD    56.67
CMA CGM                 8.500   4/15/2017     USD    64.75
CMA CGM                 8.875   4/15/2019     EUR    55.82
CMA CGM                 8.875   4/15/2019     EUR    56.17
CNP ASSURANCES          6.875   9/30/2041     EUR    69.52
CNP ASSURANCES          6.000   9/14/2040     EUR    68.77
CNP ASSURANCES          7.375   9/30/2041     GBP    73.70
CRED AGRICOLE SA        3.900   4/19/2021     EUR    72.99
CRED AGRICOLE SA        4.000   9/30/2022     EUR    69.79
CREDIT LOCAL FRA        3.750   5/26/2020     EUR    47.67
DEXIA CRED LOCAL        4.500   2/25/2020     EUR    51.88
DEXIA CRED LOCAL        4.110   9/18/2018     EUR    56.51
DEXIA CRED LOCAL        4.375   2/12/2019     EUR    51.19
DEXIA CRED LOCAL        4.020   3/13/2017     EUR    65.17
DEXIA CRED LOCAL        4.550    4/2/2020     EUR    51.84
DEXIA CRED LOCAL        5.037    8/4/2020     EUR    52.81
DEXIA MUNI AGNCY        1.000  12/23/2024     EUR    70.70
EURAZEO                 6.250   6/10/2014     EUR    58.51
EUROPCAR GROUPE         9.375   4/15/2018     EUR    64.50
EUROPCAR GROUPE         9.375   4/15/2018     EUR    64.83
FAURECIA                4.500    1/1/2015     EUR    19.92
GROUPAMA SA             7.875  10/27/2039     EUR    51.44
GROUPE VIAL             2.500    1/1/2014     EUR     2.15
INGENICO                2.750    1/1/2017     EUR    44.08
MAUREL ET PROM          7.125   7/31/2014     EUR    17.66
MAUREL ET PROM          7.125   7/31/2015     EUR    15.85
NEXANS SA               4.000    1/1/2016     EUR    53.32
NEXANS SA               2.500    1/1/2019     EUR    62.11
NOVASEP HLDG            9.750  12/15/2016     USD    49.50
NOVASEP HLDG            9.750  12/15/2016     USD    49.50
NOVASEP HLDG            9.625  12/15/2016     EUR    49.13
NOVASEP HLDG            9.625  12/15/2016     EUR    49.13
ORPEA                   3.875    1/1/2016     EUR    44.12
PAGESJAUNES FINA        8.875    6/1/2018     EUR    73.33
PAGESJAUNES FINA        8.875    6/1/2018     EUR    73.22
PEUGEOT SA              4.450    1/1/2016     EUR    24.13
PIERRE VACANCES         4.000   10/1/2015     EUR    73.45
PUBLICIS GROUPE         1.000   1/18/2018     EUR    51.14
PUBLICIS GROUPE         3.125   7/30/2014     EUR    36.66
SOC AIR FRANCE          2.750    4/1/2020     EUR    20.44
SOCIETE GENERALE        0.500   12/6/2021     AUD    50.48
SOCIETE GENERALE        0.500    9/7/2021     AUD    51.42
SOITEC                  6.250    9/9/2014     EUR     8.06
TEM                     4.250    1/1/2015     EUR    52.89

GERMANY
-------
BAYERISCHE LNDBK        6.100   6/15/2012     EUR    32.83
BAYERISCHE LNDBK        5.800   7/13/2012     EUR    46.92
BAYERISCHE LNDBK        3.200   10/1/2012     EUR    27.35
BAYERISCHE LNDBK        5.100   6/29/2012     EUR    50.91
BAYERISCHE LNDBK        5.500   6/29/2012     EUR    50.63
BHF-BANK AG            13.200    6/8/2012     EUR    39.33
BHF-BANK AG             7.250   6/15/2012     EUR    55.19
BHW BAUSPARKASSE        4.270   1/15/2019     EUR    73.75
BNP EMIS-U.HANDE        7.000   5/24/2012     EUR    37.18
BNP EMIS-U.HANDE        6.500   6/21/2012     EUR    70.82
BNP EMIS-U.HANDE        6.750   6/21/2012     EUR    55.89
BNP EMIS-U.HANDE        7.000   6/21/2012     EUR    71.56
BNP EMIS-U.HANDE        7.000   6/21/2012     EUR    62.62
BNP EMIS-U.HANDE        7.250   6/21/2012     EUR    60.82
BNP EMIS-U.HANDE        7.250   6/21/2012     EUR    73.82
BNP EMIS-U.HANDE        7.500   6/21/2012     EUR    52.13
BNP EMIS-U.HANDE        7.500   6/21/2012     EUR    68.76
BNP EMIS-U.HANDE        7.750   6/21/2012     EUR    65.99
BNP EMIS-U.HANDE        7.750   6/21/2012     EUR    66.71
BNP EMIS-U.HANDE        7.750   6/21/2012     EUR    52.21
BNP EMIS-U.HANDE        8.250   6/21/2012     EUR    62.44
BNP EMIS-U.HANDE        8.250   6/21/2012     EUR    56.44
BNP EMIS-U.HANDE        8.250   6/21/2012     EUR    66.31
BNP EMIS-U.HANDE        8.250   6/21/2012     EUR    68.13
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    72.59
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    62.79
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    73.90
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    64.50
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    59.28
BNP EMIS-U.HANDE        8.500   6/21/2012     EUR    64.26
BNP EMIS-U.HANDE        9.000   6/21/2012     EUR    62.78
BNP EMIS-U.HANDE        9.250   6/21/2012     EUR    37.06
BNP EMIS-U.HANDE        9.250   6/21/2012     EUR    48.60
BNP EMIS-U.HANDE        9.250   6/21/2012     EUR    66.49
BNP EMIS-U.HANDE        9.500   6/21/2012     EUR    48.45
BNP EMIS-U.HANDE        9.500   6/21/2012     EUR    70.33
BNP EMIS-U.HANDE        9.500   6/21/2012     EUR    68.89
BNP EMIS-U.HANDE        9.750   6/21/2012     EUR    72.53
BNP EMIS-U.HANDE        9.750   6/21/2012     EUR    71.76
BNP EMIS-U.HANDE       10.000   6/21/2012     EUR    50.40
BNP EMIS-U.HANDE       10.250   6/21/2012     EUR    47.48
BNP EMIS-U.HANDE       10.250   6/21/2012     EUR    52.95
BNP EMIS-U.HANDE       10.500   6/21/2012     EUR    39.87
BNP EMIS-U.HANDE       10.500   6/21/2012     EUR    41.22
BNP EMIS-U.HANDE       10.500   6/21/2012     EUR    63.49
BNP EMIS-U.HANDE       11.000   6/21/2012     EUR    33.96
BNP EMIS-U.HANDE       11.000   6/21/2012     EUR    56.69
BNP EMIS-U.HANDE       11.250   6/21/2012     EUR    68.78
BNP EMIS-U.HANDE       11.500   6/21/2012     EUR    72.72
BNP EMIS-U.HANDE       11.500   6/21/2012     EUR    41.30
BNP EMIS-U.HANDE       11.750   6/21/2012     EUR    30.92
BNP EMIS-U.HANDE       11.750   6/21/2012     EUR    61.55
BNP EMIS-U.HANDE       12.000   6/21/2012     EUR    66.60
BNP EMIS-U.HANDE       13.500   6/21/2012     EUR    40.70
BNP EMIS-U.HANDE       13.750   6/21/2012     EUR    41.94
BNP EMIS-U.HANDE       14.250   6/21/2012     EUR    31.94
BNP EMIS-U.HANDE       15.000   6/21/2012     EUR    52.90
BNP EMIS-U.HANDE       15.500   6/21/2012     EUR    17.76
BNP EMIS-U.HANDE       16.000   6/21/2012     EUR    16.03
BNP EMIS-U.HANDE       18.250   6/21/2012     EUR     6.26
BNP EMIS-U.HANDE       19.250   6/21/2012     EUR     8.31
BNP EMIS-U.HANDE        5.000   7/26/2012     EUR    72.84
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    34.23
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    69.36
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    67.42
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    37.40
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    55.29
BNP EMIS-U.HANDE        6.000   7/26/2012     EUR    36.98
BNP EMIS-U.HANDE        6.500   7/26/2012     EUR    43.95
BNP EMIS-U.HANDE        6.500   7/26/2012     EUR    69.25
BNP EMIS-U.HANDE        7.000   7/26/2012     EUR    26.24
BNP EMIS-U.HANDE        7.000   7/26/2012     EUR    46.56
BNP EMIS-U.HANDE        7.000   7/26/2012     EUR    59.25
BNP EMIS-U.HANDE        7.000   7/26/2012     EUR    21.90
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    70.28
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    71.90
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    47.40
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    64.82
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    34.83
BNP EMIS-U.HANDE        8.000   7/26/2012     EUR    71.54
BNP EMIS-U.HANDE        8.500   7/26/2012     EUR    65.20
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    30.34
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    50.47
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    32.95
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    47.75
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    45.74
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    60.57
BNP EMIS-U.HANDE        9.000   7/26/2012     EUR    70.71
BNP EMIS-U.HANDE       10.000   7/26/2012     EUR    36.98
BNP EMIS-U.HANDE       10.000   7/26/2012     EUR    42.78
BNP EMIS-U.HANDE       10.000   7/26/2012     EUR    52.70
BNP EMIS-U.HANDE        8.500  12/28/2012     EUR    62.75
BNP EMIS-U.HANDE        9.750  12/28/2012     EUR    65.64
BNP EMIS-U.HANDE       10.500  12/28/2012     EUR    54.02
BNP EMIS-U.HANDE        7.750  12/31/2012     EUR    54.92
BNP EMIS-U.HANDE        9.500  12/31/2012     EUR    65.62
BNP EMIS-U.HANDE        9.500  12/31/2012     EUR    73.60
BNP EMIS-U.HANDE        5.250   5/24/2012     EUR    55.92
COMMERZBANK AG         10.000   10/1/2012     EUR    66.24
COMMERZBANK AG          9.000   10/1/2012     EUR    52.59
COMMERZBANK AG          8.250   10/1/2012     EUR    66.37
COMMERZBANK AG          7.700   9/28/2012     EUR    49.60
COMMERZBANK AG          9.000    8/3/2012     EUR    61.65
COMMERZBANK AG          8.500    8/3/2012     EUR    47.91
COMMERZBANK AG         12.000    7/6/2012     EUR    69.81
COMMERZBANK AG         11.500    7/6/2012     EUR    73.72
COMMERZBANK AG         11.500    7/6/2012     EUR     5.98
COMMERZBANK AG         10.500    7/6/2012     EUR    51.82
COMMERZBANK AG          8.250    7/6/2012     EUR    68.91
COMMERZBANK AG          9.000  10/29/2012     EUR     8.24
COMMERZBANK AG         25.000   6/22/2012     EUR    61.20
COMMERZBANK AG         19.500   6/22/2012     EUR    67.26
COMMERZBANK AG         16.000   6/22/2012     EUR    47.88
COMMERZBANK AG         16.000   6/22/2012     EUR    73.86
COMMERZBANK AG         12.500   6/22/2012     EUR    72.24
COMMERZBANK AG         11.500   6/22/2012     EUR    45.56
COMMERZBANK AG          8.000   6/22/2012     EUR    47.97
COMMERZBANK AG          8.000   6/22/2012     EUR    59.74
COMMERZBANK AG         23.000   6/21/2012     EUR    68.59
COMMERZBANK AG         18.000   6/21/2012     EUR    68.99
COMMERZBANK AG          8.750   6/21/2012     EUR    52.68
COMMERZBANK AG          9.000    6/4/2012     EUR    68.36
COMMERZBANK AG         10.750   3/21/2013     EUR    74.36
COMMERZBANK AG         13.500  12/28/2012     EUR    73.91
COMMERZBANK AG         13.000  12/28/2012     EUR    74.11
COMMERZBANK AG          8.000  12/27/2012     EUR    44.93
COMMERZBANK AG          7.000  12/27/2012     EUR    59.64
COMMERZBANK AG          6.000  12/27/2012     EUR    70.06
COMMERZBANK AG          8.000    6/4/2012     EUR    59.25
COMMERZBANK AG         10.000  10/29/2012     EUR    62.92
COMMERZBANK AG          8.000   11/5/2012     EUR    39.62
COMMERZBANK AG         10.000   11/5/2012     EUR    53.42
COMMERZBANK AG          8.500  10/29/2012     EUR    71.77
COMMERZBANK AG         11.500   11/5/2012     EUR    47.34
COMMERZBANK AG          8.500  12/17/2012     EUR    53.90
COMMERZBANK AG          8.750  12/17/2012     EUR    66.53
COMMERZBANK AG          6.460   6/24/2022     EUR    69.63
COMMERZBANK AG          6.360   3/15/2022     EUR    70.00
COMMERZBANK AG          6.300   3/15/2022     EUR    69.75
COMMERZBANK AG          8.400  12/30/2013     EUR    17.04
COMMERZBANK AG         14.000    8/5/2013     EUR    67.52
COMMERZBANK AG         18.500   3/21/2013     EUR    69.96
COMMERZBANK AG         14.500   3/21/2013     EUR    71.72
DEUTSCHE BANK AG       15.000  12/20/2012     EUR    69.30
DEUTSCHE BANK AG       12.000  12/20/2012     EUR    50.20
DEUTSCHE BANK AG       12.000  12/20/2012     EUR    72.50
DEUTSCHE BANK AG        8.000  12/20/2012     EUR    65.10
DEUTSCHE BANK AG        8.000  12/20/2012     EUR    43.50
DEUTSCHE BANK AG       12.000  11/29/2012     EUR    72.00
DEUTSCHE BANK AG        9.000  11/29/2012     EUR    72.40
DEUTSCHE BANK AG       12.000  10/31/2012     EUR    72.10
DEUTSCHE BANK AG       10.000  10/31/2012     EUR    74.50
DEUTSCHE BANK AG        8.000   5/31/2012     EUR    49.50
DEUTSCHE BANK AG       13.000   9/28/2012     EUR    73.80
DEUTSCHE BANK AG       12.000   8/31/2012     EUR    69.10
DEUTSCHE BANK AG       12.000   8/31/2012     EUR    75.00
DEUTSCHE BANK AG       12.000   8/31/2012     EUR    74.00
DEUTSCHE BANK AG        9.000   8/31/2012     EUR    70.90
DEUTSCHE BANK AG        8.000   8/31/2012     EUR    74.80
DEUTSCHE BANK AG        8.000    8/6/2012     EUR    61.60
DEUTSCHE BANK AG       13.000   7/31/2012     EUR    72.80
DEUTSCHE BANK AG       13.000   7/31/2012     EUR    69.70
DEUTSCHE BANK AG       13.000   7/31/2012     EUR    73.90
DEUTSCHE BANK AG       13.000   7/31/2012     EUR    65.40
DEUTSCHE BANK AG       10.000   7/31/2012     EUR    54.70
DEUTSCHE BANK AG       10.000   7/31/2012     EUR    49.90
DEUTSCHE BANK AG       10.000   7/31/2012     EUR    58.70
DEUTSCHE BANK AG       10.000   7/31/2012     EUR    62.70
DEUTSCHE BANK AG       10.000   7/31/2012     EUR    63.10
DEUTSCHE BANK AG        9.000   7/31/2012     EUR    70.80
DEUTSCHE BANK AG        9.000   7/31/2012     EUR    67.80
DEUTSCHE BANK AG        9.000   7/31/2012     EUR    75.00
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    58.70
DEUTSCHE BANK AG        8.000   5/31/2012     EUR    51.30
DEUTSCHE BANK AG        8.000   5/31/2012     EUR    64.70
DEUTSCHE BANK AG        8.000   5/31/2012     EUR    45.90
DEUTSCHE BANK AG        8.000   5/31/2012     EUR    65.90
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    61.50
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    72.20
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    50.40
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    46.20
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    63.30
DEUTSCHE BANK AG       10.000   5/31/2012     EUR    43.70
DEUTSCHE BANK AG       10.000   6/20/2012     EUR    70.30
DEUTSCHE BANK AG       14.000   6/20/2012     EUR    74.90
DEUTSCHE BANK AG       14.000   6/20/2012     EUR    59.90
DEUTSCHE BANK AG        7.000   6/29/2012     EUR    68.20
DEUTSCHE BANK AG        7.000   6/29/2012     EUR    53.50
DEUTSCHE BANK AG        7.000   6/29/2012     EUR    61.50
DEUTSCHE BANK AG        7.000   6/29/2012     EUR    58.30
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    45.60
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    65.50
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    55.40
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    59.10
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    74.10
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    49.90
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    52.10
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    64.80
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    74.40
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    70.40
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    60.00
DEUTSCHE BANK AG        8.000   7/31/2012     EUR    65.00
DEUTSCHE BANK AG        7.000   6/29/2012     EUR    47.50
DEUTSCHE BANK AG        7.000   7/31/2012     EUR    67.80
DEUTSCHE BANK AG        7.000   7/31/2012     EUR    67.30
DEUTSCHE BANK AG        7.000   7/31/2012     EUR    61.00
DEUTSCHE BANK AG        7.000   7/31/2012     EUR    63.10
DEUTSCHE BANK AG       13.000   6/29/2012     EUR    73.30
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    56.70
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    72.20
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    46.80
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    43.70
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    70.20
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    71.50
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    63.20
DEUTSCHE BANK AG       10.000   6/29/2012     EUR    54.00
DEUTSCHE BANK AG        7.000   7/31/2012     EUR    54.00
DEUTSCHE BANK AG        7.000   5/31/2012     EUR    54.00
DEUTSCHE BANK AG        7.000   5/31/2012     EUR    68.80
DEUTSCHE BANK AG        7.000   5/31/2012     EUR    48.00
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    74.40
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    73.80
DEUTSCHE BANK AG        7.000   5/31/2012     EUR    53.00
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    74.90
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    71.60
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    73.80
DEUTSCHE BANK AG        7.000   5/31/2012     EUR    68.30
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    72.80
DEUTSCHE BANK AG       15.000   2/20/2013     EUR    69.50
DEUTSCHE BANK AG       11.000   1/18/2013     EUR    73.70
DEUTSCHE BANK AG        8.000   6/29/2012     EUR    73.70
DRESDNER BANK AG        5.700   7/31/2023     EUR    61.13
DRESDNER BANK AG        5.290   5/31/2021     EUR    66.75
DRESDNER BANK AG        7.350   6/13/2028     EUR    64.50
DRESDNER BANK AG        6.180   2/28/2023     EUR    65.63
DRESDNER BANK AG        6.210   6/20/2022     EUR    68.13
DRESDNER BANK AG        7.160   8/14/2024     EUR    67.50
DZ BANK AG             12.000    1/2/2013     EUR    72.20
DZ BANK AG             17.750   8/10/2012     EUR    69.87
DZ BANK AG             16.500   8/10/2012     EUR    73.88
DZ BANK AG             14.500   8/10/2012     EUR    70.62
DZ BANK AG             10.500   8/10/2012     EUR    69.78
DZ BANK AG              9.500   8/10/2012     EUR    67.98
DZ BANK AG              5.000   8/10/2012     EUR    60.43
DZ BANK AG             12.700    8/3/2012     EUR    72.88
DZ BANK AG             12.750   7/31/2012     EUR    69.75
DZ BANK AG             15.500   7/27/2012     EUR    73.09
DZ BANK AG             15.250   7/27/2012     EUR    48.75
DZ BANK AG             15.000   7/27/2012     EUR    41.54
DZ BANK AG             14.750   7/27/2012     EUR    64.36
DZ BANK AG             13.100   7/27/2012     EUR    72.25
DZ BANK AG             12.750   7/27/2012     EUR    71.52
DZ BANK AG             12.700   7/27/2012     EUR    71.29
DZ BANK AG             12.500   7/27/2012     EUR    59.13
DZ BANK AG             12.250   7/27/2012     EUR    68.11
DZ BANK AG             12.000   7/27/2012     EUR    58.19
DZ BANK AG             12.000   7/27/2012     EUR    74.87
DZ BANK AG             11.750   7/27/2012     EUR    53.26
DZ BANK AG             11.500   7/27/2012     EUR    45.21
DZ BANK AG             11.250   7/27/2012     EUR    67.79
DZ BANK AG             11.250   7/27/2012     EUR    53.15
DZ BANK AG             11.250   7/27/2012     EUR    71.18
DZ BANK AG             10.750   7/27/2012     EUR    48.86
DZ BANK AG             10.500   7/27/2012     EUR    53.52
DZ BANK AG             10.000   7/27/2012     EUR    57.46
DZ BANK AG              9.800   7/27/2012     EUR    62.70
DZ BANK AG              9.250   7/27/2012     EUR    68.64
DZ BANK AG              9.250   7/27/2012     EUR    67.19
DZ BANK AG              9.000   7/27/2012     EUR    64.44
DZ BANK AG              8.750   7/27/2012     EUR    74.81
DZ BANK AG              8.000   7/27/2012     EUR    57.53
DZ BANK AG              8.000   7/27/2012     EUR    52.74
DZ BANK AG              7.500   7/27/2012     EUR    66.70
DZ BANK AG              7.250   7/27/2012     EUR    74.92
DZ BANK AG              6.500   7/27/2012     EUR    63.38
DZ BANK AG              6.500   7/27/2012     EUR    73.47
DZ BANK AG              6.000   7/27/2012     EUR    68.80
DZ BANK AG             12.500   7/13/2012     EUR    50.61
DZ BANK AG             10.250   7/13/2012     EUR    62.65
DZ BANK AG             10.000   7/13/2012     EUR    70.07
DZ BANK AG              9.750   7/13/2012     EUR    74.63
DZ BANK AG              9.500   7/13/2012     EUR    64.52
DZ BANK AG              9.250   7/13/2012     EUR    58.98
DZ BANK AG              8.500   7/13/2012     EUR    69.86
DZ BANK AG              8.500   7/13/2012     EUR    45.51
DZ BANK AG              8.500   7/13/2012     EUR    48.48
DZ BANK AG              8.250   7/13/2012     EUR    60.74
DZ BANK AG              7.750   7/13/2012     EUR    73.00
DZ BANK AG              7.500   7/13/2012     EUR    72.96
DZ BANK AG              7.500   7/13/2012     EUR    43.90
DZ BANK AG              7.250   7/13/2012     EUR    57.25
DZ BANK AG              7.250   7/13/2012     EUR    68.01
DZ BANK AG              7.250   7/13/2012     EUR    68.01
DZ BANK AG              7.000   7/13/2012     EUR    61.08
DZ BANK AG              7.000   7/13/2012     EUR    72.89
DZ BANK AG              6.750   7/13/2012     EUR    65.39
DZ BANK AG              6.200   7/13/2012     EUR    69.78
DZ BANK AG              6.000   7/13/2012     EUR    64.02
DZ BANK AG              5.000   7/13/2012     EUR    69.36
DZ BANK AG              5.000   7/13/2012     EUR    62.31
DZ BANK AG             12.300   7/11/2012     EUR    73.55
DZ BANK AG              7.000   7/11/2012     EUR    63.91
DZ BANK AG              7.000   7/11/2012     EUR    62.07
DZ BANK AG              9.500    7/6/2012     EUR    72.23
DZ BANK AG             21.000   6/22/2012     EUR    73.71
DZ BANK AG             16.000   6/22/2012     EUR     7.32
DZ BANK AG             13.750   6/22/2012     EUR    66.61
DZ BANK AG             13.750   6/22/2012     EUR    53.64
DZ BANK AG             13.000   6/22/2012     EUR    33.87
DZ BANK AG             12.500   6/22/2012     EUR    69.98
DZ BANK AG             12.000   6/22/2012     EUR    73.85
DZ BANK AG             12.000   6/22/2012     EUR    45.07
DZ BANK AG             11.750   6/22/2012     EUR    39.64
DZ BANK AG             11.750   6/22/2012     EUR    68.14
DZ BANK AG             11.750   6/22/2012     EUR    38.40
DZ BANK AG             11.750   6/22/2012     EUR    62.13
DZ BANK AG             11.250   6/22/2012     EUR    37.00
DZ BANK AG             11.000   6/22/2012     EUR    43.05
DZ BANK AG             11.000   6/22/2012     EUR    28.25
DZ BANK AG             10.750   6/22/2012     EUR    45.40
DZ BANK AG             10.750   6/22/2012     EUR    66.44
DZ BANK AG             10.750   6/22/2012     EUR    73.82
DZ BANK AG             10.500   6/22/2012     EUR    64.97
DZ BANK AG             10.500   6/22/2012     EUR    31.16
DZ BANK AG             10.250   6/22/2012     EUR    74.17
DZ BANK AG             10.000   6/22/2012     EUR    57.36
DZ BANK AG             10.000   6/22/2012     EUR    63.15
DZ BANK AG             10.000   6/22/2012     EUR    53.11
DZ BANK AG              9.750   6/22/2012     EUR    66.76
DZ BANK AG              9.750   6/22/2012     EUR    68.10
DZ BANK AG              9.750   6/22/2012     EUR    48.86
DZ BANK AG              9.750   6/22/2012     EUR    58.56
DZ BANK AG              9.750   6/22/2012     EUR    73.31
DZ BANK AG              9.750   6/22/2012     EUR    73.62
DZ BANK AG              9.000   6/22/2012     EUR    67.75
DZ BANK AG              9.000   6/22/2012     EUR    49.18
DZ BANK AG              9.000   6/22/2012     EUR    24.04
DZ BANK AG              8.750   6/22/2012     EUR    66.10
DZ BANK AG              8.750   6/22/2012     EUR    56.39
DZ BANK AG              8.500   6/22/2012     EUR    65.58
DZ BANK AG              8.500   6/22/2012     EUR    68.66
DZ BANK AG              8.250   6/22/2012     EUR    66.82
DZ BANK AG              8.250   6/22/2012     EUR    65.96
DZ BANK AG              8.000   6/22/2012     EUR    34.38
DZ BANK AG              7.750   6/22/2012     EUR    66.01
DZ BANK AG              7.500   6/22/2012     EUR    60.22
DZ BANK AG              7.500   6/22/2012     EUR    72.96
DZ BANK AG              7.250   6/22/2012     EUR    71.41
DZ BANK AG              7.250   6/22/2012     EUR    65.16
DZ BANK AG              7.000   6/22/2012     EUR    72.50
DZ BANK AG              7.000   6/22/2012     EUR    68.30
DZ BANK AG              6.750   6/22/2012     EUR    65.17
DZ BANK AG              6.250   6/22/2012     EUR    72.44
DZ BANK AG              6.250   6/22/2012     EUR    54.45
DZ BANK AG              6.250   6/22/2012     EUR    74.94
DZ BANK AG              6.250   6/22/2012     EUR    62.12
DZ BANK AG              5.500   6/22/2012     EUR    65.93
DZ BANK AG              5.500   6/22/2012     EUR    68.09
DZ BANK AG              5.250   6/22/2012     EUR    61.49
DZ BANK AG              4.000   6/20/2012     EUR    58.61
DZ BANK AG              8.000   6/11/2012     EUR    61.48
DZ BANK AG             12.250    6/8/2012     EUR    71.86
DZ BANK AG             11.500    6/8/2012     EUR    73.84
DZ BANK AG             11.250    6/8/2012     EUR    44.31
DZ BANK AG             10.750    6/8/2012     EUR    72.60
DZ BANK AG             10.500    6/8/2012     EUR    41.04
DZ BANK AG             10.000    6/8/2012     EUR    70.10
DZ BANK AG              9.750    6/8/2012     EUR    67.45
DZ BANK AG              9.750    6/8/2012     EUR    62.94
DZ BANK AG              9.500    6/8/2012     EUR    66.56
DZ BANK AG              9.250    6/8/2012     EUR    46.23
DZ BANK AG              9.000    6/8/2012     EUR    49.40
DZ BANK AG              8.750    6/8/2012     EUR    65.77
DZ BANK AG              8.500    6/8/2012     EUR    74.68
DZ BANK AG              8.250    6/8/2012     EUR    72.29
DZ BANK AG              8.250    6/8/2012     EUR    63.57
DZ BANK AG              8.000    6/8/2012     EUR    64.81
DZ BANK AG              8.000    6/8/2012     EUR    64.99
DZ BANK AG              7.750    6/8/2012     EUR    62.35
DZ BANK AG              7.500    6/8/2012     EUR    55.73
DZ BANK AG              6.750    6/8/2012     EUR    50.92
DZ BANK AG              6.000    6/8/2012     EUR    71.71
DZ BANK AG              6.000    6/8/2012     EUR    52.61
DZ BANK AG              5.000    6/8/2012     EUR    61.49
DZ BANK AG             16.000    6/7/2012     EUR    68.27
DZ BANK AG             12.000    6/7/2012     EUR    74.65
DZ BANK AG              8.000    6/7/2012     EUR    65.88
DZ BANK AG             26.500   5/25/2012     EUR    74.74
DZ BANK AG             18.000   5/25/2012     EUR    69.99
DZ BANK AG             17.000   5/25/2012     EUR    66.39
DZ BANK AG              5.000   6/22/2018     EUR    54.97
DZ BANK AG              5.270   6/24/2013     EUR    17.90
DZ BANK AG              5.000   6/24/2013     EUR    16.90
DZ BANK AG             17.000   4/26/2013     EUR    66.40
DZ BANK AG             15.750   4/26/2013     EUR    74.21
DZ BANK AG             11.500   4/26/2013     EUR    61.89
DZ BANK AG             17.000   3/22/2013     EUR    72.92
DZ BANK AG             11.250   3/22/2013     EUR    65.56
DZ BANK AG              9.750   3/22/2013     EUR    73.16
DZ BANK AG              5.410   3/22/2013     EUR    16.00
DZ BANK AG              5.000   3/22/2013     EUR    68.28
DZ BANK AG              5.000   3/22/2013     EUR    11.00
DZ BANK AG              5.000   3/22/2013     EUR    16.00
DZ BANK AG             13.750    3/8/2013     EUR    61.37
DZ BANK AG             11.250    3/8/2013     EUR    70.67
DZ BANK AG             10.000    3/8/2013     EUR    71.39
DZ BANK AG             15.000   2/22/2013     EUR    74.83
DZ BANK AG             15.000   2/22/2013     EUR    73.69
DZ BANK AG             15.000   2/22/2013     EUR    72.59
DZ BANK AG             15.000   2/22/2013     EUR    71.52
DZ BANK AG             14.000   2/22/2013     EUR    69.65
DZ BANK AG             11.250   2/22/2013     EUR    73.51
DZ BANK AG             15.500    2/8/2013     EUR    69.31
DZ BANK AG             11.250    2/8/2013     EUR    73.53
DZ BANK AG             19.000   1/25/2013     EUR    73.69
DZ BANK AG             14.000   1/25/2013     EUR    67.27
DZ BANK AG             12.500   1/25/2013     EUR    57.65
DZ BANK AG             15.500   1/11/2013     EUR    61.60
DZ BANK AG             14.250   1/11/2013     EUR    66.30
DZ BANK AG             14.000   1/11/2013     EUR    55.89
DZ BANK AG              6.000    1/2/2013     EUR    56.15
DZ BANK AG              5.000  12/21/2012     EUR    68.13
DZ BANK AG              3.850  12/21/2012     EUR    16.50
DZ BANK AG              9.750  12/14/2012     EUR    70.74
DZ BANK AG              7.250  12/14/2012     EUR    71.23
DZ BANK AG              5.000  12/14/2012     EUR    61.93
DZ BANK AG             20.000  11/23/2012     EUR    72.09
DZ BANK AG             15.500  11/23/2012     EUR    69.05
DZ BANK AG             10.000  11/23/2012     EUR    65.16
DZ BANK AG             16.000  10/26/2012     EUR    71.90
DZ BANK AG             11.000  10/12/2012     EUR    57.69
DZ BANK AG              9.500  10/12/2012     EUR    64.08
DZ BANK AG              8.000  10/12/2012     EUR    71.33
DZ BANK AG              8.000  10/12/2012     EUR    47.39
DZ BANK AG              7.000  10/12/2012     EUR    60.58
DZ BANK AG              7.000  10/12/2012     EUR    74.54
DZ BANK AG              7.000  10/12/2012     EUR    45.54
DZ BANK AG              5.900  10/12/2012     EUR    71.87
DZ BANK AG              8.300   10/5/2012     EUR    64.37
DZ BANK AG              5.700   10/5/2012     EUR    68.65
DZ BANK AG              4.500   10/5/2012     EUR    71.09
DZ BANK AG             22.500   9/28/2012     EUR    68.25
DZ BANK AG             22.000   9/28/2012     EUR    60.39
DZ BANK AG             20.500   9/28/2012     EUR    73.91
DZ BANK AG             20.000   9/28/2012     EUR    73.33
DZ BANK AG             15.500   9/28/2012     EUR    73.79
DZ BANK AG             15.000   9/28/2012     EUR    73.39
DZ BANK AG             14.750   9/28/2012     EUR    57.30
DZ BANK AG             12.250   9/28/2012     EUR    67.26
DZ BANK AG             11.000   9/28/2012     EUR    72.59
DZ BANK AG             19.500   9/14/2012     EUR    61.95
DZ BANK AG             12.500   9/14/2012     EUR    72.01
DZ BANK AG             10.500   9/14/2012     EUR    46.92
DZ BANK AG             10.250   9/14/2012     EUR    74.44
DZ BANK AG             10.000   9/14/2012     EUR    66.84
DZ BANK AG             10.000   9/14/2012     EUR    66.58
DZ BANK AG              9.500   9/14/2012     EUR    68.71
DZ BANK AG              9.500   9/14/2012     EUR    68.41
DZ BANK AG              8.500   9/14/2012     EUR    51.44
DZ BANK AG              8.500   9/14/2012     EUR    73.23
DZ BANK AG              8.250   9/14/2012     EUR    65.64
DZ BANK AG              8.000   9/14/2012     EUR    46.81
DZ BANK AG              7.750   9/14/2012     EUR    74.28
DZ BANK AG              7.500   9/14/2012     EUR    57.70
DZ BANK AG              7.500   9/14/2012     EUR    74.20
DZ BANK AG              7.250   9/14/2012     EUR    67.61
DZ BANK AG              6.250   9/14/2012     EUR    50.70
DZ BANK AG              6.000   9/14/2012     EUR    70.30
DZ BANK AG              6.000   9/14/2012     EUR    67.22
DZ BANK AG              5.850   9/14/2012     EUR    54.74
DZ BANK AG              5.000   9/14/2012     EUR    56.49
DZ BANK AG             21.250   8/24/2012     EUR    67.21
DZ BANK AG             21.000   8/24/2012     EUR    73.33
DZ BANK AG             21.000   8/24/2012     EUR    65.36
DZ BANK AG             19.000   8/24/2012     EUR    73.44
DZ BANK AG             18.000   8/24/2012     EUR    63.93
DZ BANK AG             17.500   8/24/2012     EUR    70.90
DZ BANK AG             17.000   8/24/2012     EUR    71.01
DZ BANK AG             16.500   8/24/2012     EUR    69.49
DZ BANK AG             15.750   8/24/2012     EUR    69.97
DZ BANK AG             14.500   8/24/2012     EUR    70.76
DZ BANK AG             14.000   8/24/2012     EUR    72.33
DZ BANK AG             14.000   8/24/2012     EUR    68.78
DZ BANK AG             13.500   8/24/2012     EUR    72.19
DZ BANK AG             12.000   8/24/2012     EUR    74.72
DZ BANK AG             12.000   8/24/2012     EUR    74.12
DZ BANK AG             10.750   8/24/2012     EUR    59.93
DZ BANK AG             21.250   8/10/2012     EUR    55.60
ESCADA AG               7.500    4/1/2012     EUR     8.67
EUROHYPO AG             3.830   9/21/2020     EUR    69.00
GOLDMAN SACHS CO       16.000   6/26/2013     EUR    73.60
GOLDMAN SACHS CO       16.000   6/26/2013     EUR    74.20
GOLDMAN SACHS CO       17.000   9/26/2012     EUR    74.30
GOLDMAN SACHS CO       16.000   9/26/2012     EUR    74.40
GOTHAER ALLG VER        5.527   9/29/2026     EUR    72.00
HECKLER & KOCH          9.500   5/15/2018     EUR    67.26
HECKLER & KOCH          9.500   5/15/2018     EUR    67.00
HEIDELBERG DRUCK        9.250   4/15/2018     EUR    74.84
HSBC TRINKAUS          15.500   3/22/2013     EUR    68.35
HSBC TRINKAUS          15.500   3/22/2013     EUR    74.89
HSBC TRINKAUS          16.000   3/22/2013     EUR    72.43
HSBC TRINKAUS          14.000   3/22/2013     EUR    72.86
HSBC TRINKAUS          18.000   3/22/2013     EUR    70.92
HSBC TRINKAUS          18.500   3/22/2013     EUR    66.71
HSBC TRINKAUS          19.500   3/22/2013     EUR    73.14
HSBC TRINKAUS          17.500   3/22/2013     EUR    74.83
HSBC TRINKAUS          19.500   3/22/2013     EUR    70.77
HSBC TRINKAUS          19.500   3/22/2013     EUR    72.61
HSBC TRINKAUS          20.000   3/22/2013     EUR    69.97
HSBC TRINKAUS          21.000   3/22/2013     EUR    66.24
HSBC TRINKAUS          13.000   3/22/2013     EUR    67.79
HSBC TRINKAUS          12.000   6/22/2012     EUR    48.23
HSBC TRINKAUS          22.000   8/24/2012     EUR    74.91
HSBC TRINKAUS          15.500   9/28/2012     EUR    64.44
HSBC TRINKAUS          17.000   9/28/2012     EUR    70.20
HSBC TRINKAUS          21.000   3/22/2013     EUR    73.00
HSBC TRINKAUS          20.000   9/28/2012     EUR    63.41
HSBC TRINKAUS          20.000   9/28/2012     EUR    72.28
HSBC TRINKAUS          21.000   9/28/2012     EUR    68.60
HSBC TRINKAUS          21.000   9/28/2012     EUR    74.19
HSBC TRINKAUS          25.000   9/28/2012     EUR    66.06
HSBC TRINKAUS          25.500   9/28/2012     EUR    74.42
HSBC TRINKAUS          27.500   9/28/2012     EUR    72.77
HSBC TRINKAUS          27.500   9/28/2012     EUR    73.09
HSBC TRINKAUS          29.500   9/28/2012     EUR    64.61
HSBC TRINKAUS          29.500   9/28/2012     EUR    70.13
HSBC TRINKAUS           8.000   3/22/2013     EUR    70.39
HSBC TRINKAUS          10.500   3/22/2013     EUR    71.39
HSBC TRINKAUS          14.500   3/22/2013     EUR    73.64
HSBC TRINKAUS          30.000   6/28/2013     EUR    62.90
HSBC TRINKAUS          26.000   6/28/2013     EUR    62.62
HSBC TRINKAUS          25.500   6/28/2013     EUR    70.68
HSBC TRINKAUS          22.500   6/28/2013     EUR    71.16
HSBC TRINKAUS          15.000   3/22/2013     EUR    74.61
HSBC TRINKAUS          14.500   3/22/2013     EUR    73.67
HSBC TRINKAUS          19.000   6/28/2013     EUR    67.76
HSBC TRINKAUS          18.500   6/28/2013     EUR    72.05
HSBC TRINKAUS          16.500   6/28/2013     EUR    68.47
HSBC TRINKAUS          17.000   6/28/2013     EUR    72.80
HSBC TRINKAUS          10.500   6/28/2013     EUR    72.50
HSBC TRINKAUS          14.000   6/28/2013     EUR    69.63
HSBC TRINKAUS          27.500   3/22/2013     EUR    61.85
HSBC TRINKAUS           8.000   6/28/2013     EUR    74.78
HSBC TRINKAUS          26.500   3/22/2013     EUR    74.88
HSBC TRINKAUS          27.000   3/22/2013     EUR    71.39
HSBC TRINKAUS          21.500   3/22/2013     EUR    73.39
HSBC TRINKAUS          22.000   3/22/2013     EUR    65.97
HSBC TRINKAUS          19.000   9/28/2012     EUR    71.98
LANDBK HESSEN-TH        5.750   7/13/2012     EUR    68.50
LANDBK HESSEN-TH        5.000   6/28/2012     EUR    71.50
LANDESBK BERLIN         7.000   5/23/2012     EUR    68.26
LANDESBK BERLIN         5.500  12/23/2013     EUR    68.80
LANDESBK BERLIN         7.000   6/25/2012     EUR    72.87
LB BADEN-WUERTT        10.000   7/27/2012     EUR    57.54
LB BADEN-WUERTT         4.000   5/25/2012     EUR    70.41
LB BADEN-WUERTT         4.000   5/25/2012     EUR    55.31
LB BADEN-WUERTT         4.000   5/25/2012     EUR    71.10
LB BADEN-WUERTT         4.000   5/25/2012     EUR    63.78
LB BADEN-WUERTT         4.000   5/25/2012     EUR    73.26
LB BADEN-WUERTT         4.000   5/25/2012     EUR    46.64
LB BADEN-WUERTT         6.000   5/25/2012     EUR    67.90
LB BADEN-WUERTT         6.000   5/25/2012     EUR    61.32
LB BADEN-WUERTT         6.000   5/25/2012     EUR    48.72
LB BADEN-WUERTT         6.000   5/25/2012     EUR    61.98
LB BADEN-WUERTT         6.000   5/25/2012     EUR    37.71
LB BADEN-WUERTT         6.000   5/25/2012     EUR    72.08
LB BADEN-WUERTT         6.000   5/25/2012     EUR    57.85
LB BADEN-WUERTT         6.000   5/25/2012     EUR    66.02
LB BADEN-WUERTT         6.000   5/25/2012     EUR    70.73
LB BADEN-WUERTT         6.000   5/25/2012     EUR    73.27
LB BADEN-WUERTT         8.000   5/25/2012     EUR    44.29
LB BADEN-WUERTT         8.000   5/25/2012     EUR    34.12
LB BADEN-WUERTT         8.000   5/25/2012     EUR    66.11
LB BADEN-WUERTT         8.000   5/25/2012     EUR    73.93
LB BADEN-WUERTT         8.000   5/25/2012     EUR    53.44
LB BADEN-WUERTT         8.000   5/25/2012     EUR    73.02
LB BADEN-WUERTT         8.000   5/25/2012     EUR    67.48
LB BADEN-WUERTT         8.000   5/25/2012     EUR    68.02
LB BADEN-WUERTT         8.000   5/25/2012     EUR    56.01
LB BADEN-WUERTT         8.000   5/25/2012     EUR    66.05
LB BADEN-WUERTT         8.000   5/25/2012     EUR    60.26
LB BADEN-WUERTT         8.000   5/25/2012     EUR    54.21
LB BADEN-WUERTT         8.000   5/25/2012     EUR    61.06
LB BADEN-WUERTT         8.350   5/25/2012     EUR    40.12
LB BADEN-WUERTT         4.000   6/22/2012     EUR    56.28
LB BADEN-WUERTT         4.000   6/22/2012     EUR    47.31
LB BADEN-WUERTT         4.000   6/22/2012     EUR    36.14
LB BADEN-WUERTT         4.000   6/22/2012     EUR    49.81
LB BADEN-WUERTT         5.000   6/22/2012     EUR     9.07
LB BADEN-WUERTT         5.000   6/22/2012     EUR    62.94
LB BADEN-WUERTT         5.000   6/22/2012     EUR    55.88
LB BADEN-WUERTT         5.000   6/22/2012     EUR    54.29
LB BADEN-WUERTT         5.000   6/22/2012     EUR    69.71
LB BADEN-WUERTT         5.000   6/22/2012     EUR    70.93
LB BADEN-WUERTT         5.000   6/22/2012     EUR    62.26
LB BADEN-WUERTT         5.000   6/22/2012     EUR    70.07
LB BADEN-WUERTT         5.000   6/22/2012     EUR    58.17
LB BADEN-WUERTT         5.000   6/22/2012     EUR    73.39
LB BADEN-WUERTT         5.000   6/22/2012     EUR    48.66
LB BADEN-WUERTT         5.000   6/22/2012     EUR    62.87
LB BADEN-WUERTT         5.000   6/22/2012     EUR    21.07
LB BADEN-WUERTT         5.000   6/22/2012     EUR    73.92
LB BADEN-WUERTT         6.000   6/22/2012     EUR    67.90
LB BADEN-WUERTT         6.000   6/22/2012     EUR    41.33
LB BADEN-WUERTT         6.000   6/22/2012     EUR    73.37
LB BADEN-WUERTT         6.000   6/22/2012     EUR    40.79
LB BADEN-WUERTT         6.000   6/22/2012     EUR    66.03
LB BADEN-WUERTT         6.000   6/22/2012     EUR    49.08
LB BADEN-WUERTT         6.000   6/22/2012     EUR    72.65
LB BADEN-WUERTT         6.000   6/22/2012     EUR    31.71
LB BADEN-WUERTT         6.000   6/22/2012     EUR    63.77
LB BADEN-WUERTT         6.000   6/22/2012     EUR    71.09
LB BADEN-WUERTT         6.000   6/22/2012     EUR    68.16
LB BADEN-WUERTT         6.000   6/22/2012     EUR    73.79
LB BADEN-WUERTT         7.500   6/22/2012     EUR    74.86
LB BADEN-WUERTT         7.500   6/22/2012     EUR    65.37
LB BADEN-WUERTT         7.500   6/22/2012     EUR    66.69
LB BADEN-WUERTT         7.500   6/22/2012     EUR    56.34
LB BADEN-WUERTT         7.500   6/22/2012     EUR    44.12
LB BADEN-WUERTT         7.500   6/22/2012     EUR    51.56
LB BADEN-WUERTT         7.500   6/22/2012     EUR    63.78
LB BADEN-WUERTT         7.500   6/22/2012     EUR    72.73
LB BADEN-WUERTT         7.500   6/22/2012     EUR     8.03
LB BADEN-WUERTT         7.500   6/22/2012     EUR    63.23
LB BADEN-WUERTT         7.500   6/22/2012     EUR    55.32
LB BADEN-WUERTT         7.500   6/22/2012     EUR    49.76
LB BADEN-WUERTT         7.500   6/22/2012     EUR    19.12
LB BADEN-WUERTT         7.500   6/22/2012     EUR    50.48
LB BADEN-WUERTT         7.500   6/22/2012     EUR    69.78
LB BADEN-WUERTT         8.000   6/22/2012     EUR    67.50
LB BADEN-WUERTT         8.000   6/22/2012     EUR    56.34
LB BADEN-WUERTT         8.000   6/22/2012     EUR    44.44
LB BADEN-WUERTT         8.000   6/22/2012     EUR    65.35
LB BADEN-WUERTT         8.000   6/22/2012     EUR    28.08
LB BADEN-WUERTT         8.000   6/22/2012     EUR    66.44
LB BADEN-WUERTT         8.000   6/22/2012     EUR    35.95
LB BADEN-WUERTT         8.000   6/22/2012     EUR    63.56
LB BADEN-WUERTT         8.000   6/22/2012     EUR    59.35
LB BADEN-WUERTT         8.000   6/22/2012     EUR    36.76
LB BADEN-WUERTT        10.000   6/22/2012     EUR    69.45
LB BADEN-WUERTT        10.000   6/22/2012     EUR    58.83
LB BADEN-WUERTT        10.000   6/22/2012     EUR    17.81
LB BADEN-WUERTT        10.000   6/22/2012     EUR    70.53
LB BADEN-WUERTT        10.000   6/22/2012     EUR    62.87
LB BADEN-WUERTT        10.000   6/22/2012     EUR    46.40
LB BADEN-WUERTT        10.000   6/22/2012     EUR    59.55
LB BADEN-WUERTT        10.000   6/22/2012     EUR    74.24
LB BADEN-WUERTT        10.000   6/22/2012     EUR    71.84
LB BADEN-WUERTT        10.000   6/22/2012     EUR    72.05
LB BADEN-WUERTT        10.000   6/22/2012     EUR    59.95
LB BADEN-WUERTT        10.000   6/22/2012     EUR    65.15
LB BADEN-WUERTT        10.000   6/22/2012     EUR    41.91
LB BADEN-WUERTT        10.000   6/22/2012     EUR    50.22
LB BADEN-WUERTT        10.000   6/22/2012     EUR    52.20
LB BADEN-WUERTT        10.000   6/22/2012     EUR    46.67
LB BADEN-WUERTT        10.000   6/22/2012     EUR    67.49
LB BADEN-WUERTT        10.000   6/22/2012     EUR    73.41
LB BADEN-WUERTT        10.000   6/22/2012     EUR     7.08
LB BADEN-WUERTT        10.000   6/22/2012     EUR    70.30
LB BADEN-WUERTT        10.000   6/22/2012     EUR    47.11
LB BADEN-WUERTT         4.000   7/27/2012     EUR    44.16
LB BADEN-WUERTT         4.000   7/27/2012     EUR    72.08
LB BADEN-WUERTT         4.000   7/27/2012     EUR    50.23
LB BADEN-WUERTT         4.000   7/27/2012     EUR    73.51
LB BADEN-WUERTT         5.000   7/27/2012     EUR    50.11
LB BADEN-WUERTT         5.000   7/27/2012     EUR    57.08
LB BADEN-WUERTT         5.000   7/27/2012     EUR    58.64
LB BADEN-WUERTT         5.000   7/27/2012     EUR    64.17
LB BADEN-WUERTT         5.000   7/27/2012     EUR    21.89
LB BADEN-WUERTT         5.000   7/27/2012     EUR    74.74
LB BADEN-WUERTT         5.000   7/27/2012     EUR    57.07
LB BADEN-WUERTT         5.000   7/27/2012     EUR    72.13
LB BADEN-WUERTT         5.000   7/27/2012     EUR    56.38
LB BADEN-WUERTT         5.000   7/27/2012     EUR    66.93
LB BADEN-WUERTT         5.000   7/27/2012     EUR    13.70
LB BADEN-WUERTT         5.000   7/27/2012     EUR    69.02
LB BADEN-WUERTT         5.000   7/27/2012     EUR    71.30
LB BADEN-WUERTT         5.000   7/27/2012     EUR    60.93
LB BADEN-WUERTT         5.000   7/27/2012     EUR    74.66
LB BADEN-WUERTT         5.000   7/27/2012     EUR    33.09
LB BADEN-WUERTT         5.000   7/27/2012     EUR    54.89
LB BADEN-WUERTT         5.000   7/27/2012     EUR    58.89
LB BADEN-WUERTT         5.000   7/27/2012     EUR    74.43
LB BADEN-WUERTT         6.000   7/27/2012     EUR    64.72
LB BADEN-WUERTT         6.000   7/27/2012     EUR    71.10
LB BADEN-WUERTT         6.000   7/27/2012     EUR    71.71
LB BADEN-WUERTT         6.000   7/27/2012     EUR    42.35
LB BADEN-WUERTT         6.000   7/27/2012     EUR    69.86
LB BADEN-WUERTT         6.000   7/27/2012     EUR    28.07
LB BADEN-WUERTT         6.000   7/27/2012     EUR    63.87
LB BADEN-WUERTT         6.000   7/27/2012     EUR    39.19
LB BADEN-WUERTT         6.500   7/27/2012     EUR    70.72
LB BADEN-WUERTT         6.500   7/27/2012     EUR    71.75
LB BADEN-WUERTT         7.500   7/27/2012     EUR    44.94
LB BADEN-WUERTT         7.500   7/27/2012     EUR    62.43
LB BADEN-WUERTT         7.500   7/27/2012     EUR    51.67
LB BADEN-WUERTT         7.500   7/27/2012     EUR    62.95
LB BADEN-WUERTT         7.500   7/27/2012     EUR    14.20
LB BADEN-WUERTT         7.500   7/27/2012     EUR    55.71
LB BADEN-WUERTT         7.500   7/27/2012     EUR    51.45
LB BADEN-WUERTT         7.500   7/27/2012     EUR    70.36
LB BADEN-WUERTT         7.500   7/27/2012     EUR    56.74
LB BADEN-WUERTT         7.500   7/27/2012     EUR    67.48
LB BADEN-WUERTT         7.500   7/27/2012     EUR    52.28
LB BADEN-WUERTT         7.500   7/27/2012     EUR    20.33
LB BADEN-WUERTT         7.500   7/27/2012     EUR    69.32
LB BADEN-WUERTT         7.500   7/27/2012     EUR    69.24
LB BADEN-WUERTT         7.500   7/27/2012     EUR    50.12
LB BADEN-WUERTT         7.500   7/27/2012     EUR    30.23
LB BADEN-WUERTT         7.500   7/27/2012     EUR    52.77
LB BADEN-WUERTT         7.500   7/27/2012     EUR    71.39
LB BADEN-WUERTT         7.500   7/27/2012     EUR    59.73
LB BADEN-WUERTT         7.500   7/27/2012     EUR    67.59
LB BADEN-WUERTT         8.000   7/27/2012     EUR    65.36
LB BADEN-WUERTT         8.000   7/27/2012     EUR    62.74
LB BADEN-WUERTT         8.000   7/27/2012     EUR    38.31
LB BADEN-WUERTT         8.000   7/27/2012     EUR    57.86
LB BADEN-WUERTT         8.000   7/27/2012     EUR    66.60
LB BADEN-WUERTT         8.000   7/27/2012     EUR    35.49
LB BADEN-WUERTT         8.000   7/27/2012     EUR    60.37
LB BADEN-WUERTT         8.000   7/27/2012     EUR    74.18
LB BADEN-WUERTT         8.000   7/27/2012     EUR    73.12
LB BADEN-WUERTT         9.000   7/27/2012     EUR    55.06
LB BADEN-WUERTT        10.000   7/27/2012     EUR    74.18
LB BADEN-WUERTT        10.000   7/27/2012     EUR    72.85
LB BADEN-WUERTT        10.000   7/27/2012     EUR    52.34
LB BADEN-WUERTT        10.000   7/27/2012     EUR    66.93
LB BADEN-WUERTT        10.000   7/27/2012     EUR    62.70
LB BADEN-WUERTT        10.000   7/27/2012     EUR    54.97
LB BADEN-WUERTT        10.000   7/27/2012     EUR    14.65
LB BADEN-WUERTT        10.000   7/27/2012     EUR    48.09
LB BADEN-WUERTT        10.000   7/27/2012     EUR    57.06
LB BADEN-WUERTT        10.000   7/27/2012     EUR    62.55
LB BADEN-WUERTT        10.000   7/27/2012     EUR    70.67
LB BADEN-WUERTT        10.000   7/27/2012     EUR    72.90
LB BADEN-WUERTT        10.000   7/27/2012     EUR    27.99
LB BADEN-WUERTT        10.000   7/27/2012     EUR    74.18
LB BADEN-WUERTT        10.000   7/27/2012     EUR    74.03
LB BADEN-WUERTT        10.000   7/27/2012     EUR    66.16
LB BADEN-WUERTT        10.000   7/27/2012     EUR    73.55
LB BADEN-WUERTT        10.000   7/27/2012     EUR    70.19
LB BADEN-WUERTT        10.000   7/27/2012     EUR    51.80
LB BADEN-WUERTT        10.000   7/27/2012     EUR    64.87
LB BADEN-WUERTT        10.000   7/27/2012     EUR    19.41
LB BADEN-WUERTT        10.000   7/27/2012     EUR    48.04
LB BADEN-WUERTT        10.000   7/27/2012     EUR    41.81
LB BADEN-WUERTT        10.000   7/27/2012     EUR    49.22
LB BADEN-WUERTT        10.000   7/27/2012     EUR    45.81
LB BADEN-WUERTT        10.000   7/27/2012     EUR    62.66
LB BADEN-WUERTT        10.000   7/27/2012     EUR    46.94
LB BADEN-WUERTT         4.000   8/24/2012     EUR    70.63
LB BADEN-WUERTT         4.000   8/24/2012     EUR    70.77
LB BADEN-WUERTT         4.000   8/24/2012     EUR    41.30
LB BADEN-WUERTT         4.000   8/24/2012     EUR    74.88
LB BADEN-WUERTT         4.000   8/24/2012     EUR    66.55
LB BADEN-WUERTT         4.000   8/24/2012     EUR    51.23
LB BADEN-WUERTT         5.000   8/24/2012     EUR    66.78
LB BADEN-WUERTT         5.000   8/24/2012     EUR    71.76
LB BADEN-WUERTT         5.000   8/24/2012     EUR    66.01
LB BADEN-WUERTT         5.000   8/24/2012     EUR    68.26
LB BADEN-WUERTT         5.000   8/24/2012     EUR    72.68
LB BADEN-WUERTT         5.000   8/24/2012     EUR    72.63
LB BADEN-WUERTT         5.000   8/24/2012     EUR    74.31
LB BADEN-WUERTT         5.000   8/24/2012     EUR    50.59
LB BADEN-WUERTT         5.000   8/24/2012     EUR    26.84
LB BADEN-WUERTT         5.000   8/24/2012     EUR    64.26
LB BADEN-WUERTT         5.000   8/24/2012     EUR    60.38
LB BADEN-WUERTT         5.000   8/24/2012     EUR    54.21
LB BADEN-WUERTT         6.000   8/24/2012     EUR    59.64
LB BADEN-WUERTT         6.000   8/24/2012     EUR    35.49
LB BADEN-WUERTT         6.000   8/24/2012     EUR    67.66
LB BADEN-WUERTT         6.000   8/24/2012     EUR    64.28
LB BADEN-WUERTT         6.000   8/24/2012     EUR    45.80
LB BADEN-WUERTT         6.000   8/24/2012     EUR    68.35
LB BADEN-WUERTT         6.000   8/24/2012     EUR    72.56
LB BADEN-WUERTT         6.000   8/24/2012     EUR    71.48
LB BADEN-WUERTT         6.000   8/24/2012     EUR    64.03
LB BADEN-WUERTT         6.000   8/24/2012     EUR    58.18
LB BADEN-WUERTT         6.000   8/24/2012     EUR    74.65
LB BADEN-WUERTT         6.000   8/24/2012     EUR    69.84
LB BADEN-WUERTT         7.500   8/24/2012     EUR    73.77
LB BADEN-WUERTT         7.500   8/24/2012     EUR    67.55
LB BADEN-WUERTT         7.500   8/24/2012     EUR    45.74
LB BADEN-WUERTT         7.500   8/24/2012     EUR    61.99
LB BADEN-WUERTT         7.500   8/24/2012     EUR    54.19
LB BADEN-WUERTT         7.500   8/24/2012     EUR    74.87
LB BADEN-WUERTT         7.500   8/24/2012     EUR    24.16
LB BADEN-WUERTT         7.500   8/24/2012     EUR    68.61
LB BADEN-WUERTT         7.500   8/24/2012     EUR    65.10
LB BADEN-WUERTT         7.500   8/24/2012     EUR    64.36
LB BADEN-WUERTT         7.500   8/24/2012     EUR    59.58
LB BADEN-WUERTT         7.500   8/24/2012     EUR    58.27
LB BADEN-WUERTT         7.500   8/24/2012     EUR    70.64
LB BADEN-WUERTT         7.500   8/24/2012     EUR    65.94
LB BADEN-WUERTT         7.500   8/24/2012     EUR    56.52
LB BADEN-WUERTT         7.500   8/24/2012     EUR    72.60
LB BADEN-WUERTT         7.500   8/24/2012     EUR    49.54
LB BADEN-WUERTT         8.000   8/24/2012     EUR    32.41
LB BADEN-WUERTT         8.000   8/24/2012     EUR    52.56
LB BADEN-WUERTT         8.000   8/24/2012     EUR    67.56
LB BADEN-WUERTT         8.000   8/24/2012     EUR    72.47
LB BADEN-WUERTT         8.000   8/24/2012     EUR    64.91
LB BADEN-WUERTT         8.000   8/24/2012     EUR    60.19
LB BADEN-WUERTT         8.000   8/24/2012     EUR    66.36
LB BADEN-WUERTT         8.000   8/24/2012     EUR    67.38
LB BADEN-WUERTT         8.000   8/24/2012     EUR    63.91
LB BADEN-WUERTT         8.000   8/24/2012     EUR    53.42
LB BADEN-WUERTT         8.000   8/24/2012     EUR    56.79
LB BADEN-WUERTT         8.000   8/24/2012     EUR    42.30
LB BADEN-WUERTT         8.000   8/24/2012     EUR    61.67
LB BADEN-WUERTT         8.005   8/24/2012     EUR    73.99
LB BADEN-WUERTT        10.000   8/24/2012     EUR    68.74
LB BADEN-WUERTT        10.000   8/24/2012     EUR    60.35
LB BADEN-WUERTT        10.000   8/24/2012     EUR    58.08
LB BADEN-WUERTT        10.000   8/24/2012     EUR    61.35
LB BADEN-WUERTT        10.000   8/24/2012     EUR    62.42
LB BADEN-WUERTT        10.000   8/24/2012     EUR    69.14
LB BADEN-WUERTT        10.000   8/24/2012     EUR    53.97
LB BADEN-WUERTT        10.000   8/24/2012     EUR    71.89
LB BADEN-WUERTT        10.000   8/24/2012     EUR    71.03
LB BADEN-WUERTT        10.000   8/24/2012     EUR    53.53
LB BADEN-WUERTT        10.000   8/24/2012     EUR    69.99
LB BADEN-WUERTT        10.000   8/24/2012     EUR    51.47
LB BADEN-WUERTT        10.000   8/24/2012     EUR    74.12
LB BADEN-WUERTT        10.000   8/24/2012     EUR    64.51
LB BADEN-WUERTT        10.000   8/24/2012     EUR    59.10
LB BADEN-WUERTT        10.000   8/24/2012     EUR    42.60
LB BADEN-WUERTT        10.000   8/24/2012     EUR    50.46
LB BADEN-WUERTT        10.000   8/24/2012     EUR    22.82
LB BADEN-WUERTT        10.000   8/24/2012     EUR    71.22
LB BADEN-WUERTT        10.000   8/24/2012     EUR    64.76
LB BADEN-WUERTT        10.000   8/24/2012     EUR    43.25
LB BADEN-WUERTT         4.000   9/28/2012     EUR    64.99
LB BADEN-WUERTT         4.000   9/28/2012     EUR    45.88
LB BADEN-WUERTT         4.000   9/28/2012     EUR    61.67
LB BADEN-WUERTT         4.000   9/28/2012     EUR    63.50
LB BADEN-WUERTT         4.000   9/28/2012     EUR    29.44
LB BADEN-WUERTT         6.000   9/28/2012     EUR    67.00
LB BADEN-WUERTT         6.000   9/28/2012     EUR    54.39
LB BADEN-WUERTT         6.000   9/28/2012     EUR    55.50
LB BADEN-WUERTT         6.000   9/28/2012     EUR    24.88
LB BADEN-WUERTT         6.000   9/28/2012     EUR    39.83
LB BADEN-WUERTT         6.000   9/28/2012     EUR    68.12
LB BADEN-WUERTT         6.000   9/28/2012     EUR    55.46
LB BADEN-WUERTT         7.000   9/28/2012     EUR    73.03
LB BADEN-WUERTT         7.500   9/28/2012     EUR    74.82
LB BADEN-WUERTT         8.000   9/28/2012     EUR    50.83
LB BADEN-WUERTT         8.000   9/28/2012     EUR    59.62
LB BADEN-WUERTT         8.000   9/28/2012     EUR    49.42
LB BADEN-WUERTT         8.000   9/28/2012     EUR    22.54
LB BADEN-WUERTT         8.000   9/28/2012     EUR    73.70
LB BADEN-WUERTT         8.000   9/28/2012     EUR    71.53
LB BADEN-WUERTT         8.000   9/28/2012     EUR    36.84
LB BADEN-WUERTT         8.000   9/28/2012     EUR    61.00
LB BADEN-WUERTT         8.000   9/28/2012     EUR    49.75
LB BADEN-WUERTT        10.000   9/28/2012     EUR    70.19
LB BADEN-WUERTT         5.000  10/26/2012     EUR    61.11
LB BADEN-WUERTT         5.000  10/26/2012     EUR    21.45
LB BADEN-WUERTT         5.000  10/26/2012     EUR    63.01
LB BADEN-WUERTT         5.000  10/26/2012     EUR     8.11
LB BADEN-WUERTT         5.000  10/26/2012     EUR    60.09
LB BADEN-WUERTT         5.000  10/26/2012     EUR    57.78
LB BADEN-WUERTT         7.500  10/26/2012     EUR    53.84
LB BADEN-WUERTT         7.500  10/26/2012     EUR    56.57
LB BADEN-WUERTT         7.500  10/26/2012     EUR    52.54
LB BADEN-WUERTT         7.500  10/26/2012     EUR     8.43
LB BADEN-WUERTT         7.500  10/26/2012     EUR    50.91
LB BADEN-WUERTT         7.500  10/26/2012     EUR    19.80
LB BADEN-WUERTT         7.500  10/26/2012     EUR    70.94
LB BADEN-WUERTT         7.500  10/26/2012     EUR    68.18
LB BADEN-WUERTT        10.000  10/26/2012     EUR    47.45
LB BADEN-WUERTT        10.000  10/26/2012     EUR    47.56
LB BADEN-WUERTT        10.000  10/26/2012     EUR    50.22
LB BADEN-WUERTT        10.000  10/26/2012     EUR    71.37
LB BADEN-WUERTT        10.000  10/26/2012     EUR    63.02
LB BADEN-WUERTT        10.000  10/26/2012     EUR     8.66
LB BADEN-WUERTT        10.000  10/26/2012     EUR    72.11
LB BADEN-WUERTT        10.000  10/26/2012     EUR    19.15
LB BADEN-WUERTT        10.000  10/26/2012     EUR    72.67
LB BADEN-WUERTT        10.000  10/26/2012     EUR    74.27
LB BADEN-WUERTT        10.000  10/26/2012     EUR    72.66
LB BADEN-WUERTT        10.000  10/26/2012     EUR    65.99
LB BADEN-WUERTT        10.000  10/26/2012     EUR    52.47
LB BADEN-WUERTT         5.000  11/23/2012     EUR    63.57
LB BADEN-WUERTT         5.000  11/23/2012     EUR    62.57
LB BADEN-WUERTT         5.000  11/23/2012     EUR    53.54
LB BADEN-WUERTT         5.000  11/23/2012     EUR    54.21
LB BADEN-WUERTT         5.000  11/23/2012     EUR    21.75
LB BADEN-WUERTT         5.000  11/23/2012     EUR    66.84
LB BADEN-WUERTT         5.000  11/23/2012     EUR    74.15
LB BADEN-WUERTT         5.000  11/23/2012     EUR    73.07
LB BADEN-WUERTT         7.500  11/23/2012     EUR    67.50
LB BADEN-WUERTT         7.500  11/23/2012     EUR    55.51
LB BADEN-WUERTT         7.500  11/23/2012     EUR    65.49
LB BADEN-WUERTT         7.500  11/23/2012     EUR    48.51
LB BADEN-WUERTT         7.500  11/23/2012     EUR    72.19
LB BADEN-WUERTT         7.500  11/23/2012     EUR    55.98
LB BADEN-WUERTT         7.500  11/23/2012     EUR    47.07
LB BADEN-WUERTT         7.500  11/23/2012     EUR    58.80
LB BADEN-WUERTT         7.500  11/23/2012     EUR    74.75
LB BADEN-WUERTT         7.500  11/23/2012     EUR    66.33
LB BADEN-WUERTT         7.500  11/23/2012     EUR    20.49
LB BADEN-WUERTT         7.500  11/23/2012     EUR    67.54
LB BADEN-WUERTT        10.000  11/23/2012     EUR    43.57
LB BADEN-WUERTT        10.000  11/23/2012     EUR    19.97
LB BADEN-WUERTT        10.000  11/23/2012     EUR    58.68
LB BADEN-WUERTT        10.000  11/23/2012     EUR    66.43
LB BADEN-WUERTT        10.000  11/23/2012     EUR    45.02
LB BADEN-WUERTT        10.000  11/23/2012     EUR    54.07
LB BADEN-WUERTT        10.000  11/23/2012     EUR    61.98
LB BADEN-WUERTT        10.000  11/23/2012     EUR    52.14
LB BADEN-WUERTT        10.000  11/23/2012     EUR    61.79
LB BADEN-WUERTT        10.000  11/23/2012     EUR    74.99
LB BADEN-WUERTT        10.000  11/23/2012     EUR    50.28
LB BADEN-WUERTT        10.000  11/23/2012     EUR    69.93
LB BADEN-WUERTT        10.000  11/23/2012     EUR    62.92
LB BADEN-WUERTT        15.000  11/23/2012     EUR    54.03
LB BADEN-WUERTT         5.000    1/4/2013     EUR    73.25
LB BADEN-WUERTT         5.000    1/4/2013     EUR    66.93
LB BADEN-WUERTT         5.000    1/4/2013     EUR    55.69
LB BADEN-WUERTT         5.000    1/4/2013     EUR    22.29
LB BADEN-WUERTT         5.000    1/4/2013     EUR    60.12
LB BADEN-WUERTT         5.000    1/4/2013     EUR    53.07
LB BADEN-WUERTT         5.000    1/4/2013     EUR    61.75
LB BADEN-WUERTT         7.500    1/4/2013     EUR    73.79
LB BADEN-WUERTT         7.500    1/4/2013     EUR    54.20
LB BADEN-WUERTT         7.500    1/4/2013     EUR    46.93
LB BADEN-WUERTT         7.500    1/4/2013     EUR    57.24
LB BADEN-WUERTT         7.500    1/4/2013     EUR    71.85
LB BADEN-WUERTT         7.500    1/4/2013     EUR    59.20
LB BADEN-WUERTT         7.500    1/4/2013     EUR    64.73
LB BADEN-WUERTT         7.500    1/4/2013     EUR    63.29
LB BADEN-WUERTT         7.500    1/4/2013     EUR    21.06
LB BADEN-WUERTT        10.000    1/4/2013     EUR    60.59
LB BADEN-WUERTT        10.000    1/4/2013     EUR    44.61
LB BADEN-WUERTT        10.000    1/4/2013     EUR    58.78
LB BADEN-WUERTT        10.000    1/4/2013     EUR    68.62
LB BADEN-WUERTT        10.000    1/4/2013     EUR    55.83
LB BADEN-WUERTT        10.000    1/4/2013     EUR    64.83
LB BADEN-WUERTT        10.000    1/4/2013     EUR    21.04
LB BADEN-WUERTT        10.000    1/4/2013     EUR    49.93
LB BADEN-WUERTT        10.000    1/4/2013     EUR    69.22
LB BADEN-WUERTT         5.000   1/25/2013     EUR    74.31
LB BADEN-WUERTT         5.000   1/25/2013     EUR    71.69
LB BADEN-WUERTT         5.000   1/25/2013     EUR    29.32
LB BADEN-WUERTT         5.000   1/25/2013     EUR    72.81
LB BADEN-WUERTT         7.500   1/25/2013     EUR    72.23
LB BADEN-WUERTT         7.500   1/25/2013     EUR    68.75
LB BADEN-WUERTT         7.500   1/25/2013     EUR    65.79
LB BADEN-WUERTT         7.500   1/25/2013     EUR    27.36
LB BADEN-WUERTT         7.500   1/25/2013     EUR    69.17
LB BADEN-WUERTT         7.500   1/25/2013     EUR    63.18
LB BADEN-WUERTT         7.500   1/25/2013     EUR    74.49
LB BADEN-WUERTT        10.000   1/25/2013     EUR    26.59
LB BADEN-WUERTT        10.000   1/25/2013     EUR    73.17
LB BADEN-WUERTT        10.000   1/25/2013     EUR    57.61
LB BADEN-WUERTT        10.000   1/25/2013     EUR    64.15
LB BADEN-WUERTT        10.000   1/25/2013     EUR    69.16
LB BADEN-WUERTT        10.000   1/25/2013     EUR    73.81
LB BADEN-WUERTT        10.000   1/25/2013     EUR    61.08
LB BADEN-WUERTT        10.000   1/25/2013     EUR    65.38
LB BADEN-WUERTT        15.000   2/22/2013     EUR    68.05
LB BADEN-WUERTT         8.000   3/22/2013     EUR    71.35
LB BADEN-WUERTT        10.000   3/22/2013     EUR    70.10
LB BADEN-WUERTT        12.000   3/22/2013     EUR    72.70
LB BADEN-WUERTT        15.000   3/22/2013     EUR    67.75
LB BADEN-WUERTT         5.000   6/28/2013     EUR    70.51
LB BADEN-WUERTT         7.500   6/28/2013     EUR    71.22
LB BADEN-WUERTT         7.500   6/28/2013     EUR    74.99
LB BADEN-WUERTT         9.000   6/28/2013     EUR    73.25
LB BADEN-WUERTT        10.000   6/28/2013     EUR    70.79
LB BADEN-WUERTT        10.000   6/28/2013     EUR    71.75
LB BADEN-WUERTT        11.000   6/28/2013     EUR    72.59
LB BADEN-WUERTT         7.000   8/23/2013     EUR    73.49
LB BADEN-WUERTT         9.000   8/23/2013     EUR    71.77
LB BADEN-WUERTT        12.000   8/23/2013     EUR    73.56
LB BADEN-WUERTT         9.000   9/27/2013     EUR    74.89
LB BADEN-WUERTT        11.000   9/27/2013     EUR    74.83
LB BADEN-WUERTT         5.250  10/20/2015     EUR    25.98
LB BADEN-WUERTT         4.950   3/27/2017     EUR    73.35
LB BADEN-WUERTT         2.800   2/23/2037     JPY    64.85
L-BANK FOERDERBK        0.500   5/10/2027     CAD    52.18
MACQUARIE STRUCT       12.500   6/22/2012     EUR    36.42
MACQUARIE STRUCT       12.500   6/22/2012     EUR    39.70
MACQUARIE STRUCT       15.750   6/22/2012     EUR    13.20
MACQUARIE STRUCT       15.750   6/22/2012     EUR    50.25
MACQUARIE STRUCT       13.250    1/2/2013     EUR    74.90
MACQUARIE STRUCT       12.750   6/22/2012     EUR    71.24
MACQUARIE STRUCT        8.750   5/25/2012     EUR    70.80
MACQUARIE STRUCT        9.000   6/22/2012     EUR    60.02
MACQUARIE STRUCT        9.250   6/22/2012     EUR    28.19
MACQUARIE STRUCT        9.750   6/22/2012     EUR    62.13
MACQUARIE STRUCT        9.750   6/22/2012     EUR    67.95
MACQUARIE STRUCT       10.000   6/22/2012     EUR    40.82
MACQUARIE STRUCT       10.000   6/22/2012     EUR    70.51
MACQUARIE STRUCT       10.750   9/28/2012     EUR    72.75
MACQUARIE STRUCT       10.250   6/22/2012     EUR    45.74
MACQUARIE STRUCT       11.500   9/28/2012     EUR    46.66
MACQUARIE STRUCT        9.250   9/28/2012     EUR    65.55
MACQUARIE STRUCT        9.750   9/28/2012     EUR    47.95
MACQUARIE STRUCT       16.000   6/22/2012     EUR    12.78
MACQUARIE STRUCT       10.000   9/28/2012     EUR    63.55
MACQUARIE STRUCT       18.000  12/14/2012     EUR    71.13
MACQUARIE STRUCT       12.000   6/22/2012     EUR    71.86
MACQUARIE STRUCT       12.000   6/22/2012     EUR    65.62
MACQUARIE STRUCT       12.500   6/22/2012     EUR    66.68
MACQUARIE STRUCT       17.000   6/22/2012     EUR    36.37
MACQUARIE STRUCT       21.000   6/22/2012     EUR    65.68
MACQUARIE STRUCT       18.500   6/22/2012     EUR    43.87
MACQUARIE STRUCT       23.250   6/22/2012     EUR     3.56
MACQUARIE STRUCT       13.000   6/22/2012     EUR    57.75
MACQUARIE STRUCT       13.500   6/22/2012     EUR    28.02
MACQUARIE STRUCT        9.000   9/28/2012     EUR    51.95
MACQUARIE STRUCT       10.250   6/22/2012     EUR    68.08
MACQUARIE STRUCT       10.250   6/22/2012     EUR    73.02
MACQUARIE STRUCT       10.750   6/22/2012     EUR    35.15
MACQUARIE STRUCT       11.000   6/22/2012     EUR    73.57
MACQUARIE STRUCT       11.000   6/22/2012     EUR    70.84
MACQUARIE STRUCT       11.000   6/22/2012     EUR    69.81
MACQUARIE STRUCT       11.000   6/22/2012     EUR    57.67
MACQUARIE STRUCT       11.500   6/22/2012     EUR    33.63
MACQUARIE STRUCT       11.500   6/22/2012     EUR    57.13
MACQUARIE STRUCT       11.500   6/22/2012     EUR    47.68
MACQUARIE STRUCT       11.750   6/22/2012     EUR    59.00
MACQUARIE STRUCT       11.750   6/22/2012     EUR    70.47
MACQUARIE STRUCT       11.750   6/22/2012     EUR    67.91
NORDDEUTSCHE L/B        7.000    6/8/2012     EUR    50.49
PRAKTIKER BAU-UN        5.875   2/10/2016     EUR    48.01
Q-CELLS                 6.750  10/21/2015     EUR     0.62
QIMONDA FINANCE         6.750   3/22/2013     USD     5.88
RENTENBANK              0.500   4/19/2017     ZAR    73.70
RENTENBANK              0.500   4/19/2017     TRY    70.89
RENTENBANK              0.500   3/15/2017     TRY    70.82
SOLARWORLD AG           6.125   1/21/2017     EUR    30.01
SOLARWORLD AG           6.375   7/13/2016     EUR    30.61
SOLON AG SOLAR          1.375   12/6/2012     EUR     1.16
TAG IMMO AG             6.500  12/10/2015     EUR     7.98
TUI AG                  5.500  11/17/2014     EUR    60.05
TUI AG                  2.750   3/24/2016     EUR    47.65
UNICREDIT BANK A        7.000   6/21/2012     EUR    46.70
VONTOBEL FIN PRO       11.764   9/28/2012     EUR    54.72
VONTOBEL FIN PRO       11.744   9/28/2012     EUR    71.42
VONTOBEL FIN PRO       11.698   9/28/2012     EUR    65.96
VONTOBEL FIN PRO       11.676   9/28/2012     EUR    44.82
VONTOBEL FIN PRO       11.676   9/28/2012     EUR    73.00
VONTOBEL FIN PRO       11.580   9/28/2012     EUR    69.32
VONTOBEL FIN PRO       11.577   9/28/2012     EUR    47.94
VONTOBEL FIN PRO       11.550   9/28/2012     EUR    65.02
VONTOBEL FIN PRO       11.533   9/28/2012     EUR    74.74
VONTOBEL FIN PRO       11.514   9/28/2012     EUR    64.02
VONTOBEL FIN PRO       11.502   9/28/2012     EUR    44.70
VONTOBEL FIN PRO       11.502   9/28/2012     EUR    42.36
VONTOBEL FIN PRO       11.497   9/28/2012     EUR    68.72
VONTOBEL FIN PRO       11.398   9/28/2012     EUR    69.76
VONTOBEL FIN PRO       11.357   9/28/2012     EUR    54.58
VONTOBEL FIN PRO       11.350   9/28/2012     EUR    68.74
VONTOBEL FIN PRO       11.297   9/28/2012     EUR    73.16
VONTOBEL FIN PRO       11.250   9/28/2012     EUR    70.96
VONTOBEL FIN PRO       11.245   9/28/2012     EUR    66.52
VONTOBEL FIN PRO       11.245   9/28/2012     EUR    72.14
VONTOBEL FIN PRO       11.241   9/28/2012     EUR    72.74
VONTOBEL FIN PRO       11.229   9/28/2012     EUR    60.66
VONTOBEL FIN PRO       11.197   9/28/2012     EUR    60.16
VONTOBEL FIN PRO       11.187   9/28/2012     EUR    56.92
VONTOBEL FIN PRO       11.145   9/28/2012     EUR    47.74
VONTOBEL FIN PRO       11.119   9/28/2012     EUR    56.50
VONTOBEL FIN PRO       11.119   9/28/2012     EUR    63.28
VONTOBEL FIN PRO       11.100   9/28/2012     EUR    73.30
VONTOBEL FIN PRO       11.100   9/28/2012     EUR    69.40
VONTOBEL FIN PRO       11.100   9/28/2012     EUR    64.26
VONTOBEL FIN PRO       11.077   9/28/2012     EUR    48.47
VONTOBEL FIN PRO       11.068   9/28/2012     EUR    66.38
VONTOBEL FIN PRO       11.035   9/28/2012     EUR    58.32
VONTOBEL FIN PRO       11.029   9/28/2012     EUR    73.94
VONTOBEL FIN PRO       11.028   9/28/2012     EUR    62.62
VONTOBEL FIN PRO       11.027   9/28/2012     EUR    66.00
VONTOBEL FIN PRO       11.017   9/28/2012     EUR    60.66
VONTOBEL FIN PRO       11.014   9/28/2012     EUR    72.06
VONTOBEL FIN PRO       10.989   9/28/2012     EUR    55.86
VONTOBEL FIN PRO       10.971   9/28/2012     EUR    61.12
VONTOBEL FIN PRO       10.915   9/28/2012     EUR    59.20
VONTOBEL FIN PRO       10.909   9/28/2012     EUR    58.58
VONTOBEL FIN PRO       10.905   9/28/2012     EUR    63.50
VONTOBEL FIN PRO       10.850   9/28/2012     EUR    58.30
VONTOBEL FIN PRO       10.830   9/28/2012     EUR    46.38
VONTOBEL FIN PRO       10.830   9/28/2012     EUR    64.38
VONTOBEL FIN PRO       10.830   9/28/2012     EUR    50.42
VONTOBEL FIN PRO       10.825   9/28/2012     EUR    64.78
VONTOBEL FIN PRO       10.755   9/28/2012     EUR    67.36
VONTOBEL FIN PRO       10.722   9/28/2012     EUR    62.98
VONTOBEL FIN PRO       10.678   9/28/2012     EUR    58.90
VONTOBEL FIN PRO       10.650   9/28/2012     EUR    74.98
VONTOBEL FIN PRO       10.600   9/28/2012     EUR    70.82
VONTOBEL FIN PRO       10.600   9/28/2012     EUR    57.16
VONTOBEL FIN PRO       10.556   9/28/2012     EUR    39.24
VONTOBEL FIN PRO       10.539   9/28/2012     EUR    50.16
VONTOBEL FIN PRO       10.494   9/28/2012     EUR    43.32
VONTOBEL FIN PRO       10.456   9/28/2012     EUR    71.07
VONTOBEL FIN PRO       10.448   9/28/2012     EUR    74.32
VONTOBEL FIN PRO       10.404   9/28/2012     EUR    71.22
VONTOBEL FIN PRO       10.366   9/28/2012     EUR    53.98
VONTOBEL FIN PRO       10.344   9/28/2012     EUR    50.10
VONTOBEL FIN PRO       10.336   9/28/2012     EUR    48.82
VONTOBEL FIN PRO       10.320   9/28/2012     EUR    66.10
VONTOBEL FIN PRO       10.286   9/28/2012     EUR    74.16
VONTOBEL FIN PRO       10.242   9/28/2012     EUR    72.24
VONTOBEL FIN PRO       10.241   9/28/2012     EUR    71.76
VONTOBEL FIN PRO       10.155   9/28/2012     EUR    66.06
VONTOBEL FIN PRO       10.123   9/28/2012     EUR    52.92
VONTOBEL FIN PRO       10.083   9/28/2012     EUR    55.66
VONTOBEL FIN PRO       10.083   9/28/2012     EUR    66.80
VONTOBEL FIN PRO       10.083   9/28/2012     EUR    73.58
VONTOBEL FIN PRO       10.070   9/28/2012     EUR    72.48
VONTOBEL FIN PRO       10.046   9/28/2012     EUR    62.28
VONTOBEL FIN PRO       10.046   9/28/2012     EUR    55.44
VONTOBEL FIN PRO       10.024   9/28/2012     EUR    74.06
VONTOBEL FIN PRO       10.014   9/28/2012     EUR    45.84
VONTOBEL FIN PRO       10.000   9/28/2012     EUR    53.56
VONTOBEL FIN PRO        9.986   9/28/2012     EUR    71.28
VONTOBEL FIN PRO        9.950   9/28/2012     EUR    51.60
VONTOBEL FIN PRO        9.926   9/28/2012     EUR    57.74
VONTOBEL FIN PRO        9.900   9/28/2012     EUR    66.42
VONTOBEL FIN PRO        9.900   9/28/2012     EUR    71.68
VONTOBEL FIN PRO        9.877   9/28/2012     EUR    50.88
VONTOBEL FIN PRO        9.860   9/28/2012     EUR    71.42
VONTOBEL FIN PRO        9.803   9/28/2012     EUR    63.72
VONTOBEL FIN PRO        9.803   9/28/2012     EUR    63.72
VONTOBEL FIN PRO        9.776   9/28/2012     EUR    59.66
VONTOBEL FIN PRO        9.730   9/28/2012     EUR    74.10
VONTOBEL FIN PRO        9.700   9/28/2012     EUR    74.62
VONTOBEL FIN PRO        9.700   9/28/2012     EUR    74.38
VONTOBEL FIN PRO        9.672   9/28/2012     EUR    52.04
VONTOBEL FIN PRO       12.761   9/28/2012     EUR    50.64
VONTOBEL FIN PRO        9.634   9/28/2012     EUR    48.82
VONTOBEL FIN PRO        9.557   9/28/2012     EUR    66.60
VONTOBEL FIN PRO        9.532   9/28/2012     EUR    69.30
VONTOBEL FIN PRO        9.523   9/28/2012     EUR    44.36
VONTOBEL FIN PRO        9.523   9/28/2012     EUR    58.96
VONTOBEL FIN PRO        9.492   9/28/2012     EUR    59.62
VONTOBEL FIN PRO        9.446   9/28/2012     EUR    74.66
VONTOBEL FIN PRO        9.411   9/28/2012     EUR    67.88
VONTOBEL FIN PRO        9.405   9/28/2012     EUR    65.08
VONTOBEL FIN PRO        9.400   9/28/2012     EUR    58.85
VONTOBEL FIN PRO        9.386   9/28/2012     EUR    63.62
VONTOBEL FIN PRO        9.350   9/28/2012     EUR    72.04
VONTOBEL FIN PRO        9.345   9/28/2012     EUR    62.04
VONTOBEL FIN PRO        9.335   9/28/2012     EUR    69.96
VONTOBEL FIN PRO        9.324   9/28/2012     EUR    67.12
VONTOBEL FIN PRO        9.284   9/28/2012     EUR    55.68
VONTOBEL FIN PRO        9.273   9/28/2012     EUR    60.88
VONTOBEL FIN PRO        9.112   9/28/2012     EUR    64.04
VONTOBEL FIN PRO        9.100   9/28/2012     EUR    72.42
VONTOBEL FIN PRO        9.099   9/28/2012     EUR    68.68
VONTOBEL FIN PRO        9.081   9/28/2012     EUR    71.54
VONTOBEL FIN PRO        9.063   9/28/2012     EUR    68.52
VONTOBEL FIN PRO        9.037   9/28/2012     EUR    52.92
VONTOBEL FIN PRO        9.037   9/28/2012     EUR    47.86
VONTOBEL FIN PRO        9.037   9/28/2012     EUR    71.38
VONTOBEL FIN PRO        9.030   9/28/2012     EUR    71.14
VONTOBEL FIN PRO        8.980   9/28/2012     EUR    68.66
VONTOBEL FIN PRO        8.937   9/28/2012     EUR    73.60
VONTOBEL FIN PRO        8.878   9/28/2012     EUR    67.00
VONTOBEL FIN PRO        8.862   9/28/2012     EUR    68.80
VONTOBEL FIN PRO        8.838   9/28/2012     EUR    73.80
VONTOBEL FIN PRO        8.786   9/28/2012     EUR    58.56
VONTOBEL FIN PRO        8.739   9/28/2012     EUR    59.78
VONTOBEL FIN PRO        8.705   9/28/2012     EUR    61.56
VONTOBEL FIN PRO        8.657   9/28/2012     EUR    64.98
VONTOBEL FIN PRO        8.626   9/28/2012     EUR    57.76
VONTOBEL FIN PRO        8.620   9/28/2012     EUR    53.28
VONTOBEL FIN PRO        8.581   9/28/2012     EUR    52.78
VONTOBEL FIN PRO        8.542   9/28/2012     EUR    64.68
VONTOBEL FIN PRO        8.529   9/28/2012     EUR    68.26
VONTOBEL FIN PRO        8.515   9/28/2012     EUR    68.50
VONTOBEL FIN PRO        8.440   9/28/2012     EUR    53.88
VONTOBEL FIN PRO        8.392   9/28/2012     EUR    74.20
VONTOBEL FIN PRO        8.308   9/28/2012     EUR    70.76
VONTOBEL FIN PRO        8.250   9/28/2012     EUR    70.44
VONTOBEL FIN PRO        8.242   9/28/2012     EUR    73.06
VONTOBEL FIN PRO        8.239   9/28/2012     EUR    70.96
VONTOBEL FIN PRO        8.232   9/28/2012     EUR    71.84
VONTOBEL FIN PRO        8.216   9/28/2012     EUR    65.98
VONTOBEL FIN PRO        8.200   9/28/2012     EUR    64.40
VONTOBEL FIN PRO        8.174   9/28/2012     EUR    54.30
VONTOBEL FIN PRO        8.121   9/28/2012     EUR    57.92
VONTOBEL FIN PRO        8.100   9/28/2012     EUR    69.20
VONTOBEL FIN PRO        8.030   9/28/2012     EUR    73.47
VONTOBEL FIN PRO        8.000   9/28/2012     EUR    73.47
VONTOBEL FIN PRO        7.950   9/28/2012     EUR    68.24
VONTOBEL FIN PRO        7.939   9/28/2012     EUR    73.45
VONTOBEL FIN PRO        7.867   9/28/2012     EUR    63.56
VONTOBEL FIN PRO        7.800   9/28/2012     EUR    73.14
VONTOBEL FIN PRO        7.788   9/28/2012     EUR    73.39
VONTOBEL FIN PRO        7.758   9/28/2012     EUR    73.54
VONTOBEL FIN PRO        7.485   9/28/2012     EUR    73.25
VONTOBEL FIN PRO        7.432   9/28/2012     EUR    55.86
VONTOBEL FIN PRO        7.427   9/28/2012     EUR    62.60
VONTOBEL FIN PRO        7.369   9/28/2012     EUR    73.66
VONTOBEL FIN PRO        7.350   9/28/2012     EUR    67.06
VONTOBEL FIN PRO        7.286   9/28/2012     EUR    70.34
VONTOBEL FIN PRO        7.061   9/28/2012     EUR    73.13
VONTOBEL FIN PRO        6.771   9/28/2012     EUR    72.12
VONTOBEL FIN PRO        5.829   9/28/2012     EUR    65.52
VONTOBEL FIN PRO       12.200   8/24/2012     EUR    70.62
VONTOBEL FIN PRO       11.050   8/24/2012     EUR    64.92
VONTOBEL FIN PRO       10.900   8/24/2012     EUR    67.02
VONTOBEL FIN PRO        8.750   8/24/2012     EUR    73.98
VONTOBEL FIN PRO        8.700   8/24/2012     EUR    72.08
VONTOBEL FIN PRO        8.550   8/24/2012     EUR    69.82
VONTOBEL FIN PRO       11.564   8/10/2012     EUR    64.90
VONTOBEL FIN PRO       11.850    8/3/2012     EUR    70.90
VONTOBEL FIN PRO        9.000    8/3/2012     EUR    73.57
VONTOBEL FIN PRO        7.600    8/3/2012     EUR    70.52
VONTOBEL FIN PRO       12.864   7/27/2012     EUR    57.50
VONTOBEL FIN PRO       11.564   7/27/2012     EUR    52.60
VONTOBEL FIN PRO       11.073   7/27/2012     EUR    72.80
VONTOBEL FIN PRO       10.559   7/27/2012     EUR    71.40
VONTOBEL FIN PRO        9.674   7/27/2012     EUR    72.06
VONTOBEL FIN PRO        8.711   7/27/2012     EUR    70.84
VONTOBEL FIN PRO        7.797   7/27/2012     EUR    70.84
VONTOBEL FIN PRO       11.665   7/20/2012     EUR    60.60
VONTOBEL FIN PRO       11.061   7/20/2012     EUR    56.90
VONTOBEL FIN PRO       10.860   7/20/2012     EUR    47.60
VONTOBEL FIN PRO       11.061   7/13/2012     EUR    57.60
VONTOBEL FIN PRO       10.860   7/13/2012     EUR    62.30
VONTOBEL FIN PRO       11.514    7/6/2012     EUR    48.40
VONTOBEL FIN PRO       10.860    7/6/2012     EUR    70.40
VONTOBEL FIN PRO       12.067   6/29/2012     EUR    52.50
VONTOBEL FIN PRO       12.067   6/29/2012     EUR    43.40
VONTOBEL FIN PRO       10.559   6/29/2012     EUR    71.10
VONTOBEL FIN PRO       28.050   6/22/2012     EUR    67.20
VONTOBEL FIN PRO       24.150   6/22/2012     EUR    66.38
VONTOBEL FIN PRO       23.300   6/22/2012     EUR    60.72
VONTOBEL FIN PRO       22.800   6/22/2012     EUR    43.80
VONTOBEL FIN PRO       21.850   6/22/2012     EUR    71.12
VONTOBEL FIN PRO       21.650   6/22/2012     EUR    74.30
VONTOBEL FIN PRO       21.456   6/22/2012     EUR    39.70
VONTOBEL FIN PRO       20.350   6/22/2012     EUR    71.94
VONTOBEL FIN PRO       20.200   6/22/2012     EUR    72.76
VONTOBEL FIN PRO       19.950   6/22/2012     EUR    69.14
VONTOBEL FIN PRO       19.350   6/22/2012     EUR    51.66
VONTOBEL FIN PRO       19.150   6/22/2012     EUR    51.76
VONTOBEL FIN PRO       18.650   6/22/2012     EUR    69.98
VONTOBEL FIN PRO       18.295   6/22/2012     EUR    38.26
VONTOBEL FIN PRO        9.650   9/28/2012     EUR    72.94
VONTOBEL FIN PRO       18.164   6/22/2012     EUR    14.44
VONTOBEL FIN PRO       18.150   6/22/2012     EUR    63.84
VONTOBEL FIN PRO       18.050   6/22/2012     EUR    72.68
VONTOBEL FIN PRO        9.101   5/18/2012     EUR    72.10
VONTOBEL FIN PRO       10.358   5/18/2012     EUR    74.30
VONTOBEL FIN PRO       10.961   5/18/2012     EUR    48.60
VONTOBEL FIN PRO       12.168   5/18/2012     EUR    30.20
VONTOBEL FIN PRO       10.056   5/25/2012     EUR    69.60
VONTOBEL FIN PRO       11.564   5/25/2012     EUR    38.00
VONTOBEL FIN PRO       10.307    6/1/2012     EUR    73.20
VONTOBEL FIN PRO       10.358    6/1/2012     EUR    54.60
VONTOBEL FIN PRO       12.369    6/1/2012     EUR    28.40
VONTOBEL FIN PRO        7.889    6/6/2012     EUR    56.50
VONTOBEL FIN PRO       10.056    6/8/2012     EUR    66.00
VONTOBEL FIN PRO       11.464    6/8/2012     EUR    61.10
VONTOBEL FIN PRO       10.358   6/15/2012     EUR    40.60
VONTOBEL FIN PRO       10.458   6/15/2012     EUR    46.20
VONTOBEL FIN PRO       11.615   6/15/2012     EUR    56.40
VONTOBEL FIN PRO        5.249   6/22/2012     EUR    72.62
VONTOBEL FIN PRO        6.135   6/22/2012     EUR    73.91
VONTOBEL FIN PRO        6.444   6/22/2012     EUR    63.48
VONTOBEL FIN PRO        6.697   6/22/2012     EUR    68.92
VONTOBEL FIN PRO        6.876   6/22/2012     EUR    52.52
VONTOBEL FIN PRO        6.948   6/22/2012     EUR    64.62
VONTOBEL FIN PRO        7.000   6/22/2012     EUR    73.14
VONTOBEL FIN PRO        7.010   6/22/2012     EUR    56.32
VONTOBEL FIN PRO       18.036   6/22/2012     EUR    42.88
VONTOBEL FIN PRO       17.950   6/22/2012     EUR    43.70
VONTOBEL FIN PRO       17.800   6/22/2012     EUR    54.48
VONTOBEL FIN PRO       17.784   6/22/2012     EUR    40.54
VONTOBEL FIN PRO       17.712   6/22/2012     EUR    14.68
VONTOBEL FIN PRO       17.500   6/22/2012     EUR    69.80
VONTOBEL FIN PRO       17.400   6/22/2012     EUR    72.14
VONTOBEL FIN PRO       17.333   6/22/2012     EUR    34.84
VONTOBEL FIN PRO       17.260   6/22/2012     EUR    14.28
VONTOBEL FIN PRO        5.100   4/14/2014     EUR    38.60
VONTOBEL FIN PRO        5.474   3/17/2014     EUR    68.20
VONTOBEL FIN PRO        7.389  11/25/2013     EUR    29.60
VONTOBEL FIN PRO        8.000   6/28/2013     EUR    68.52
VONTOBEL FIN PRO        6.000   6/28/2013     EUR    56.86
VONTOBEL FIN PRO        4.000   6/28/2013     EUR    46.54
VONTOBEL FIN PRO       20.900   3/22/2013     EUR    63.04
VONTOBEL FIN PRO       18.550   3/22/2013     EUR    72.90
VONTOBEL FIN PRO       18.500   3/22/2013     EUR    72.80
VONTOBEL FIN PRO       18.350   3/22/2013     EUR    66.78
VONTOBEL FIN PRO       17.950   3/22/2013     EUR    67.72
VONTOBEL FIN PRO       17.400   3/22/2013     EUR    57.76
VONTOBEL FIN PRO       16.850   3/22/2013     EUR    73.84
VONTOBEL FIN PRO       14.500   3/22/2013     EUR    59.70
VONTOBEL FIN PRO       14.200   3/22/2013     EUR    70.10
VONTOBEL FIN PRO       14.000   3/22/2013     EUR    70.66
VONTOBEL FIN PRO       13.200   3/22/2013     EUR    70.28
VONTOBEL FIN PRO       13.150   3/22/2013     EUR    73.20
VONTOBEL FIN PRO       12.000   3/22/2013     EUR    71.66
VONTOBEL FIN PRO       11.850   3/22/2013     EUR    62.66
VONTOBEL FIN PRO       11.150   3/22/2013     EUR    63.84
VONTOBEL FIN PRO       10.750   3/22/2013     EUR    74.14
VONTOBEL FIN PRO       10.300   3/22/2013     EUR    74.88
VONTOBEL FIN PRO        9.950   3/22/2013     EUR    73.02
VONTOBEL FIN PRO        9.750   3/22/2013     EUR    70.66
VONTOBEL FIN PRO        9.500   3/22/2013     EUR    64.26
VONTOBEL FIN PRO        8.850   3/22/2013     EUR    66.90
VONTOBEL FIN PRO        8.600   3/22/2013     EUR    71.10
VONTOBEL FIN PRO        8.550   3/22/2013     EUR    66.12
VONTOBEL FIN PRO        6.800   3/22/2013     EUR    72.40
VONTOBEL FIN PRO        6.750   3/22/2013     EUR    70.82
VONTOBEL FIN PRO       10.100    3/8/2013     EUR    65.70
VONTOBEL FIN PRO       10.930    1/2/2013     EUR    40.52
VONTOBEL FIN PRO       10.093    1/2/2013     EUR    68.29
VONTOBEL FIN PRO        9.931    1/2/2013     EUR    74.24
VONTOBEL FIN PRO        8.987    1/2/2013     EUR    32.67
VONTOBEL FIN PRO        8.393    1/2/2013     EUR    73.36
VONTOBEL FIN PRO        8.069    1/2/2013     EUR    66.87
VONTOBEL FIN PRO        8.042    1/2/2013     EUR    61.38
VONTOBEL FIN PRO       28.250  12/31/2012     EUR    52.30
VONTOBEL FIN PRO       27.600  12/31/2012     EUR    54.68
VONTOBEL FIN PRO       24.900  12/31/2012     EUR    65.02
VONTOBEL FIN PRO       24.700  12/31/2012     EUR    56.02
VONTOBEL FIN PRO       22.900  12/31/2012     EUR    72.30
VONTOBEL FIN PRO       22.600  12/31/2012     EUR    54.40
VONTOBEL FIN PRO       21.950  12/31/2012     EUR    71.74
VONTOBEL FIN PRO       21.800  12/31/2012     EUR    58.76
VONTOBEL FIN PRO       21.200  12/31/2012     EUR    66.56
VONTOBEL FIN PRO       20.650  12/31/2012     EUR    70.76
VONTOBEL FIN PRO       19.600  12/31/2012     EUR    72.58
VONTOBEL FIN PRO       18.900  12/31/2012     EUR    62.34
VONTOBEL FIN PRO       18.850  12/31/2012     EUR    61.22
VONTOBEL FIN PRO       18.750  12/31/2012     EUR    72.06
VONTOBEL FIN PRO       18.200  12/31/2012     EUR    74.50
VONTOBEL FIN PRO       18.050  12/31/2012     EUR    71.38
VONTOBEL FIN PRO       17.350  12/31/2012     EUR    73.96
VONTOBEL FIN PRO       17.100  12/31/2012     EUR    60.00
VONTOBEL FIN PRO       17.050  12/31/2012     EUR    64.02
VONTOBEL FIN PRO       16.950  12/31/2012     EUR    65.60
VONTOBEL FIN PRO       16.850  12/31/2012     EUR    51.52
VONTOBEL FIN PRO       16.750  12/31/2012     EUR    73.52
VONTOBEL FIN PRO       16.350  12/31/2012     EUR    56.32
VONTOBEL FIN PRO       16.150  12/31/2012     EUR    71.00
VONTOBEL FIN PRO       16.050  12/31/2012     EUR    74.16
VONTOBEL FIN PRO       15.850  12/31/2012     EUR    70.04
VONTOBEL FIN PRO       15.600  12/31/2012     EUR    73.76
VONTOBEL FIN PRO       15.250  12/31/2012     EUR    66.06
VONTOBEL FIN PRO       15.250  12/31/2012     EUR    66.16
VONTOBEL FIN PRO       15.150  12/31/2012     EUR    74.02
VONTOBEL FIN PRO       14.850  12/31/2012     EUR    65.92
VONTOBEL FIN PRO       14.750  12/31/2012     EUR    68.84
VONTOBEL FIN PRO       14.750  12/31/2012     EUR    59.02
VONTOBEL FIN PRO       14.700  12/31/2012     EUR    73.70
VONTOBEL FIN PRO       14.550  12/31/2012     EUR    73.74
VONTOBEL FIN PRO       14.505  12/31/2012     EUR    64.30
VONTOBEL FIN PRO       14.450  12/31/2012     EUR    74.80
VONTOBEL FIN PRO       14.300  12/31/2012     EUR    57.02
VONTOBEL FIN PRO       14.211  12/31/2012     EUR    42.52
VONTOBEL FIN PRO       14.150  12/31/2012     EUR    44.36
VONTOBEL FIN PRO       14.100  12/31/2012     EUR    70.56
VONTOBEL FIN PRO       14.000  12/31/2012     EUR    67.80
VONTOBEL FIN PRO       13.860  12/31/2012     EUR    66.74
VONTOBEL FIN PRO       13.579  12/31/2012     EUR    61.92
VONTOBEL FIN PRO       13.550  12/31/2012     EUR    74.94
VONTOBEL FIN PRO       13.550  12/31/2012     EUR    63.96
VONTOBEL FIN PRO       13.518  12/31/2012     EUR    70.14
VONTOBEL FIN PRO       13.500  12/31/2012     EUR    68.60
VONTOBEL FIN PRO       13.474  12/31/2012     EUR    71.04
VONTOBEL FIN PRO       13.411  12/31/2012     EUR    57.00
VONTOBEL FIN PRO       13.250  12/31/2012     EUR    62.32
VONTOBEL FIN PRO       13.200  12/31/2012     EUR    67.36
VONTOBEL FIN PRO       13.123  12/31/2012     EUR    23.46
VONTOBEL FIN PRO       13.050  12/31/2012     EUR    64.72
VONTOBEL FIN PRO       13.000  12/31/2012     EUR    68.80
VONTOBEL FIN PRO       12.912  12/31/2012     EUR    43.72
VONTOBEL FIN PRO       12.900  12/31/2012     EUR    59.20
VONTOBEL FIN PRO       12.877  12/31/2012     EUR    74.58
VONTOBEL FIN PRO       12.850  12/31/2012     EUR    71.66
VONTOBEL FIN PRO       12.800  12/31/2012     EUR    62.50
VONTOBEL FIN PRO       12.650  12/31/2012     EUR    63.84
VONTOBEL FIN PRO       12.650  12/31/2012     EUR    46.36
VONTOBEL FIN PRO       12.593  12/31/2012     EUR    48.32
VONTOBEL FIN PRO       12.550  12/31/2012     EUR    74.44
VONTOBEL FIN PRO       12.550  12/31/2012     EUR    69.16
VONTOBEL FIN PRO       12.501  12/31/2012     EUR    50.03
VONTOBEL FIN PRO       12.451  12/31/2012     EUR    66.98
VONTOBEL FIN PRO       12.433  12/31/2012     EUR    66.38
VONTOBEL FIN PRO       12.250  12/31/2012     EUR    64.46
VONTOBEL FIN PRO       12.246  12/31/2012     EUR    69.62
VONTOBEL FIN PRO       12.211  12/31/2012     EUR    66.02
VONTOBEL FIN PRO       12.023  12/31/2012     EUR    68.32
VONTOBEL FIN PRO       12.000  12/31/2012     EUR    62.28
VONTOBEL FIN PRO       11.950  12/31/2012     EUR    69.78
VONTOBEL FIN PRO       11.900  12/31/2012     EUR    72.42
VONTOBEL FIN PRO       11.895  12/31/2012     EUR    60.80
VONTOBEL FIN PRO       11.850  12/31/2012     EUR    65.18
VONTOBEL FIN PRO       11.790  12/31/2012     EUR    48.68
VONTOBEL FIN PRO       11.784  12/31/2012     EUR    55.67
VONTOBEL FIN PRO       11.754  12/31/2012     EUR    73.86
VONTOBEL FIN PRO       11.750  12/31/2012     EUR    72.98
VONTOBEL FIN PRO       11.700  12/31/2012     EUR    66.94
VONTOBEL FIN PRO       11.684  12/31/2012     EUR    64.04
VONTOBEL FIN PRO       11.668  12/31/2012     EUR    59.16
VONTOBEL FIN PRO       11.649  12/31/2012     EUR    45.18
VONTOBEL FIN PRO       11.476  12/31/2012     EUR    49.41
VONTOBEL FIN PRO       11.450  12/31/2012     EUR    64.08
VONTOBEL FIN PRO       11.450  12/31/2012     EUR    74.74
VONTOBEL FIN PRO       11.445  12/31/2012     EUR    59.80
VONTOBEL FIN PRO       11.404  12/31/2012     EUR    61.64
VONTOBEL FIN PRO       11.400  12/31/2012     EUR    72.86
VONTOBEL FIN PRO       11.400  12/31/2012     EUR    66.66
VONTOBEL FIN PRO       11.368  12/31/2012     EUR    74.84
VONTOBEL FIN PRO       11.348  12/31/2012     EUR    68.98
VONTOBEL FIN PRO       11.193  12/31/2012     EUR    67.30
VONTOBEL FIN PRO       11.170  12/31/2012     EUR    50.30
VONTOBEL FIN PRO       10.912  12/31/2012     EUR    72.86
VONTOBEL FIN PRO       10.912  12/31/2012     EUR    62.52
VONTOBEL FIN PRO       10.900  12/31/2012     EUR    56.48
VONTOBEL FIN PRO       10.807  12/31/2012     EUR    56.28
VONTOBEL FIN PRO       10.807  12/31/2012     EUR    23.08
VONTOBEL FIN PRO       10.800  12/31/2012     EUR    66.76
VONTOBEL FIN PRO       10.702  12/31/2012     EUR    72.26
VONTOBEL FIN PRO       10.700  12/31/2012     EUR    70.28
VONTOBEL FIN PRO       10.700  12/31/2012     EUR    70.38
VONTOBEL FIN PRO       10.621  12/31/2012     EUR    71.93
VONTOBEL FIN PRO       10.611  12/31/2012     EUR    74.28
VONTOBEL FIN PRO       10.500  12/31/2012     EUR    48.00
VONTOBEL FIN PRO       10.456  12/31/2012     EUR    63.46
VONTOBEL FIN PRO       10.421  12/31/2012     EUR    50.14
VONTOBEL FIN PRO       10.352  12/31/2012     EUR    73.78
VONTOBEL FIN PRO       10.351  12/31/2012     EUR    66.66
VONTOBEL FIN PRO       10.351  12/31/2012     EUR    66.70
VONTOBEL FIN PRO       10.281  12/31/2012     EUR    73.92
VONTOBEL FIN PRO       10.231  12/31/2012     EUR    62.46
VONTOBEL FIN PRO       10.211  12/31/2012     EUR    68.70
VONTOBEL FIN PRO       10.207  12/31/2012     EUR    60.16
VONTOBEL FIN PRO       10.200  12/31/2012     EUR    70.24
VONTOBEL FIN PRO       10.175  12/31/2012     EUR    47.14
VONTOBEL FIN PRO       10.140  12/31/2012     EUR    73.34
VONTOBEL FIN PRO       10.105  12/31/2012     EUR    64.10
VONTOBEL FIN PRO       10.100  12/31/2012     EUR    69.86
VONTOBEL FIN PRO       10.050  12/31/2012     EUR    58.92
VONTOBEL FIN PRO       10.035  12/31/2012     EUR    68.22
VONTOBEL FIN PRO        9.965  12/31/2012     EUR    66.10
VONTOBEL FIN PRO        9.950  12/31/2012     EUR    67.16
VONTOBEL FIN PRO        9.856  12/31/2012     EUR    67.52
VONTOBEL FIN PRO        9.850  12/31/2012     EUR    70.90
VONTOBEL FIN PRO        9.841  12/31/2012     EUR    52.20
VONTOBEL FIN PRO        9.825  12/31/2012     EUR    65.26
VONTOBEL FIN PRO        9.800  12/31/2012     EUR    70.92
VONTOBEL FIN PRO        9.754  12/31/2012     EUR    57.98
VONTOBEL FIN PRO        9.754  12/31/2012     EUR    47.48
VONTOBEL FIN PRO        9.700  12/31/2012     EUR    54.34
VONTOBEL FIN PRO        9.700  12/31/2012     EUR    63.56
VONTOBEL FIN PRO        9.682  12/31/2012     EUR    73.20
VONTOBEL FIN PRO        9.650  12/31/2012     EUR    74.22
VONTOBEL FIN PRO        9.649  12/31/2012     EUR    75.00
VONTOBEL FIN PRO        9.605  12/31/2012     EUR    63.16
VONTOBEL FIN PRO        9.600  12/31/2012     EUR    74.76
VONTOBEL FIN PRO        9.509  12/31/2012     EUR    65.20
VONTOBEL FIN PRO        9.400  12/31/2012     EUR    73.84
VONTOBEL FIN PRO        9.400  12/31/2012     EUR    74.34
VONTOBEL FIN PRO        9.333  12/31/2012     EUR    71.12
VONTOBEL FIN PRO        9.300  12/31/2012     EUR    70.38
VONTOBEL FIN PRO        9.250  12/31/2012     EUR    53.90
VONTOBEL FIN PRO        9.193  12/31/2012     EUR    48.04
VONTOBEL FIN PRO        9.188  12/31/2012     EUR    74.77
VONTOBEL FIN PRO        9.150  12/31/2012     EUR    69.78
VONTOBEL FIN PRO        9.123  12/31/2012     EUR    51.92
VONTOBEL FIN PRO        9.123  12/31/2012     EUR    69.52
VONTOBEL FIN PRO        8.950  12/31/2012     EUR    69.20
VONTOBEL FIN PRO        8.950  12/31/2012     EUR    56.86
VONTOBEL FIN PRO        8.912  12/31/2012     EUR    66.34
VONTOBEL FIN PRO        8.900  12/31/2012     EUR    72.40
VONTOBEL FIN PRO        8.895  12/31/2012     EUR    63.68
VONTOBEL FIN PRO        8.877  12/31/2012     EUR    60.74
VONTOBEL FIN PRO        8.842  12/31/2012     EUR    69.82
VONTOBEL FIN PRO        8.737  12/31/2012     EUR    67.30
VONTOBEL FIN PRO        8.737  12/31/2012     EUR    59.90
VONTOBEL FIN PRO        8.702  12/31/2012     EUR    68.10
VONTOBEL FIN PRO        8.650  12/31/2012     EUR    69.32
VONTOBEL FIN PRO        8.526  12/31/2012     EUR    22.90
VONTOBEL FIN PRO        8.334  12/31/2012     EUR    74.72
VONTOBEL FIN PRO        8.316  12/31/2012     EUR    72.82
VONTOBEL FIN PRO        8.300  12/31/2012     EUR    50.68
VONTOBEL FIN PRO        8.246  12/31/2012     EUR    49.06
VONTOBEL FIN PRO        8.230  12/31/2012     EUR    55.74
VONTOBEL FIN PRO        8.200  12/31/2012     EUR    74.72
VONTOBEL FIN PRO        8.163  12/31/2012     EUR    58.68
VONTOBEL FIN PRO        8.050  12/31/2012     EUR    62.40
VONTOBEL FIN PRO        8.039  12/31/2012     EUR    70.98
VONTOBEL FIN PRO        8.019  12/31/2012     EUR    68.24
VONTOBEL FIN PRO        7.850  12/31/2012     EUR    71.46
VONTOBEL FIN PRO        7.754  12/31/2012     EUR    71.64
VONTOBEL FIN PRO        7.719  12/31/2012     EUR    69.60
VONTOBEL FIN PRO        7.509  12/31/2012     EUR    70.32
VONTOBEL FIN PRO        7.494  12/31/2012     EUR    65.98
VONTOBEL FIN PRO        7.400  12/31/2012     EUR    62.34
VONTOBEL FIN PRO        7.368  12/31/2012     EUR    72.82
VONTOBEL FIN PRO        7.368  12/31/2012     EUR    74.66
VONTOBEL FIN PRO        7.241  12/31/2012     EUR    74.04
VONTOBEL FIN PRO        7.150  12/31/2012     EUR    71.48
VONTOBEL FIN PRO        7.050  12/31/2012     EUR    70.18
VONTOBEL FIN PRO        6.421  12/31/2012     EUR    72.82
VONTOBEL FIN PRO        6.175  12/31/2012     EUR    66.92
VONTOBEL FIN PRO        5.006  12/28/2012     EUR    52.42
VONTOBEL FIN PRO       11.500  12/14/2012     EUR     7.05
VONTOBEL FIN PRO       28.900   9/28/2012     EUR    52.98
VONTOBEL FIN PRO       28.700   9/28/2012     EUR    61.34
VONTOBEL FIN PRO       28.350   9/28/2012     EUR    69.52
VONTOBEL FIN PRO       27.550   9/28/2012     EUR    52.44
VONTOBEL FIN PRO       26.650   9/28/2012     EUR    68.94
VONTOBEL FIN PRO       25.700   9/28/2012     EUR    58.50
VONTOBEL FIN PRO       25.200   9/28/2012     EUR    55.54
VONTOBEL FIN PRO       24.450   9/28/2012     EUR    73.96
VONTOBEL FIN PRO       24.250   9/28/2012     EUR    73.90
VONTOBEL FIN PRO       23.450   9/28/2012     EUR    70.16
VONTOBEL FIN PRO       23.300   9/28/2012     EUR    72.84
VONTOBEL FIN PRO       22.050   9/28/2012     EUR    54.40
VONTOBEL FIN PRO       21.550   9/28/2012     EUR    59.84
VONTOBEL FIN PRO       21.500   9/28/2012     EUR    58.78
VONTOBEL FIN PRO       21.350   9/28/2012     EUR    69.98
VONTOBEL FIN PRO       20.950   9/28/2012     EUR    58.48
VONTOBEL FIN PRO       20.750   9/28/2012     EUR    69.90
VONTOBEL FIN PRO       20.400   9/28/2012     EUR    56.92
VONTOBEL FIN PRO       20.000   9/28/2012     EUR    71.14
VONTOBEL FIN PRO       19.250   9/28/2012     EUR    62.10
VONTOBEL FIN PRO       19.000   9/28/2012     EUR    53.64
VONTOBEL FIN PRO       18.900   9/28/2012     EUR    74.32
VONTOBEL FIN PRO       18.800   9/28/2012     EUR    59.84
VONTOBEL FIN PRO       18.250   9/28/2012     EUR    75.00
VONTOBEL FIN PRO       18.100   9/28/2012     EUR    64.32
VONTOBEL FIN PRO       17.100   9/28/2012     EUR    64.74
VONTOBEL FIN PRO       17.000   9/28/2012     EUR    42.86
VONTOBEL FIN PRO       16.900   9/28/2012     EUR    71.40
VONTOBEL FIN PRO       16.850   9/28/2012     EUR    73.40
VONTOBEL FIN PRO       16.850   9/28/2012     EUR    61.96
VONTOBEL FIN PRO       16.850   9/28/2012     EUR    68.36
VONTOBEL FIN PRO       16.437   9/28/2012     EUR    72.26
VONTOBEL FIN PRO       16.400   9/28/2012     EUR    72.30
VONTOBEL FIN PRO       16.350   9/28/2012     EUR    66.90
VONTOBEL FIN PRO       16.337   9/28/2012     EUR    60.84
VONTOBEL FIN PRO       16.200   9/28/2012     EUR    72.28
VONTOBEL FIN PRO       16.200   9/28/2012     EUR    65.34
VONTOBEL FIN PRO       16.183   9/28/2012     EUR    42.40
VONTOBEL FIN PRO       16.050   9/28/2012     EUR    73.98
VONTOBEL FIN PRO       16.000   9/28/2012     EUR    55.92
VONTOBEL FIN PRO       15.700   9/28/2012     EUR    62.60
VONTOBEL FIN PRO       15.200   9/28/2012     EUR    69.60
VONTOBEL FIN PRO       15.169   9/28/2012     EUR    72.40
VONTOBEL FIN PRO       15.150   9/28/2012     EUR    73.14
VONTOBEL FIN PRO       15.000   9/28/2012     EUR    74.00
VONTOBEL FIN PRO       15.000   9/28/2012     EUR    64.82
VONTOBEL FIN PRO       14.957   9/28/2012     EUR    60.62
VONTOBEL FIN PRO       14.950   9/28/2012     EUR    67.74
VONTOBEL FIN PRO       14.906   9/28/2012     EUR    53.50
VONTOBEL FIN PRO       14.900   9/28/2012     EUR    57.52
VONTOBEL FIN PRO       14.895   9/28/2012     EUR    64.08
VONTOBEL FIN PRO       14.853   9/28/2012     EUR    50.36
VONTOBEL FIN PRO       14.786   9/28/2012     EUR    69.80
VONTOBEL FIN PRO       14.600   9/28/2012     EUR    55.44
VONTOBEL FIN PRO       14.550   9/28/2012     EUR    63.16
VONTOBEL FIN PRO       14.500   9/28/2012     EUR    64.76
VONTOBEL FIN PRO       14.303   9/28/2012     EUR    60.90
VONTOBEL FIN PRO       14.300   9/28/2012     EUR    67.10
VONTOBEL FIN PRO       14.209   9/28/2012     EUR    54.48
VONTOBEL FIN PRO       14.200   9/28/2012     EUR    59.70
VONTOBEL FIN PRO       14.191   9/28/2012     EUR    42.24
VONTOBEL FIN PRO       14.154   9/28/2012     EUR    44.44
VONTOBEL FIN PRO       14.150   9/28/2012     EUR    73.14
VONTOBEL FIN PRO       14.150   9/28/2012     EUR    44.10
VONTOBEL FIN PRO       13.950   9/28/2012     EUR    54.72
VONTOBEL FIN PRO       13.469   9/28/2012     EUR    49.39
VONTOBEL FIN PRO       13.352   9/28/2012     EUR    36.46
VONTOBEL FIN PRO       13.259   9/28/2012     EUR    42.42
VONTOBEL FIN PRO       13.257   9/28/2012     EUR    43.30
VONTOBEL FIN PRO       13.150   9/28/2012     EUR    61.98
VONTOBEL FIN PRO       13.135   9/28/2012     EUR    52.76
VONTOBEL FIN PRO       13.100   9/28/2012     EUR    67.68
VONTOBEL FIN PRO       13.071   9/28/2012     EUR    57.72
VONTOBEL FIN PRO       13.029   9/28/2012     EUR    73.40
VONTOBEL FIN PRO       12.965   9/28/2012     EUR    60.00
VONTOBEL FIN PRO       12.943   9/28/2012     EUR    68.18
VONTOBEL FIN PRO       12.943   9/28/2012     EUR    63.30
VONTOBEL FIN PRO       12.857   9/28/2012     EUR    66.78
VONTOBEL FIN PRO       12.857   9/28/2012     EUR    54.38
VONTOBEL FIN PRO       12.847   9/28/2012     EUR    46.08
VONTOBEL FIN PRO       12.847   9/28/2012     EUR    69.10
VONTOBEL FIN PRO       12.800   9/28/2012     EUR    67.92
VONTOBEL FIN PRO       12.770   9/28/2012     EUR    55.98
VONTOBEL FIN PRO       12.676   9/28/2012     EUR    60.28
VONTOBEL FIN PRO       12.471   9/28/2012     EUR    58.66
VONTOBEL FIN PRO       12.436   9/28/2012     EUR    63.88
VONTOBEL FIN PRO       12.398   9/28/2012     EUR    52.30
VONTOBEL FIN PRO       12.398   9/28/2012     EUR    61.28
VONTOBEL FIN PRO       12.350   9/28/2012     EUR    47.36
VONTOBEL FIN PRO       12.350   9/28/2012     EUR    55.88
VONTOBEL FIN PRO       12.168   9/28/2012     EUR    70.61
VONTOBEL FIN PRO       12.131   9/28/2012     EUR    54.18
VONTOBEL FIN PRO       12.086   9/28/2012     EUR    70.32
VONTOBEL FIN PRO       12.067   9/28/2012     EUR    46.80
VONTOBEL FIN PRO       12.056   9/28/2012     EUR    47.40
VONTOBEL FIN PRO       12.050   9/28/2012     EUR    72.40
VONTOBEL FIN PRO       12.014   9/28/2012     EUR    74.64
VONTOBEL FIN PRO       11.950   9/28/2012     EUR    68.48
VONTOBEL FIN PRO       11.895   9/28/2012     EUR    37.72
VONTOBEL FIN PRO       11.816   9/28/2012     EUR    63.82
VONTOBEL FIN PRO       11.797   9/28/2012     EUR    50.67
VONTOBEL FIN PRO       11.790   9/28/2012     EUR    44.44
VONTOBEL FIN PRO       18.289   6/22/2012     EUR    14.16
VONTOBEL FIN PRO       11.019   6/22/2012     EUR    49.08
VONTOBEL FIN PRO       11.014   6/22/2012     EUR    66.75
VONTOBEL FIN PRO       10.982   6/22/2012     EUR    70.60
VONTOBEL FIN PRO       10.980   6/22/2012     EUR    61.52
VONTOBEL FIN PRO       10.970   6/22/2012     EUR    66.82
VONTOBEL FIN PRO       10.955   6/22/2012     EUR    59.66
VONTOBEL FIN PRO       10.953   6/22/2012     EUR    68.42
VONTOBEL FIN PRO       10.925   6/22/2012     EUR    47.48
VONTOBEL FIN PRO       10.925   6/22/2012     EUR    64.10
VONTOBEL FIN PRO       10.925   6/22/2012     EUR    44.64
VONTOBEL FIN PRO       10.920   6/22/2012     EUR    32.30
VONTOBEL FIN PRO       10.920   6/22/2012     EUR    70.42
VONTOBEL FIN PRO       10.918   6/22/2012     EUR    67.10
VONTOBEL FIN PRO       10.912   6/22/2012     EUR    68.71
VONTOBEL FIN PRO       10.909   6/22/2012     EUR    35.50
VONTOBEL FIN PRO       10.890   6/22/2012     EUR    70.55
VONTOBEL FIN PRO       10.402   6/22/2012     EUR    47.46
VONTOBEL FIN PRO       10.405   6/22/2012     EUR    70.08
VONTOBEL FIN PRO       10.890   6/22/2012     EUR    70.88
VONTOBEL FIN PRO       10.415   6/22/2012     EUR    63.91
VONTOBEL FIN PRO       10.438   6/22/2012     EUR    59.96
VONTOBEL FIN PRO       10.439   6/22/2012     EUR    40.66
VONTOBEL FIN PRO       10.440   6/22/2012     EUR    58.72
VONTOBEL FIN PRO       10.458   6/22/2012     EUR    57.70
VONTOBEL FIN PRO       10.476   6/22/2012     EUR    23.42
VONTOBEL FIN PRO       10.878   6/22/2012     EUR    59.12
VONTOBEL FIN PRO       10.867   6/22/2012     EUR    73.28
VONTOBEL FIN PRO       10.850   6/22/2012     EUR    69.38
VONTOBEL FIN PRO       10.478   6/22/2012     EUR    63.18
VONTOBEL FIN PRO       10.479   6/22/2012     EUR    67.08
VONTOBEL FIN PRO       10.484   6/22/2012     EUR    74.06
VONTOBEL FIN PRO       10.847   6/22/2012     EUR    51.32
VONTOBEL FIN PRO       10.837   6/22/2012     EUR    68.72
VONTOBEL FIN PRO       10.833   6/22/2012     EUR    44.28
VONTOBEL FIN PRO       10.833   6/22/2012     EUR    67.36
VONTOBEL FIN PRO       10.821   6/22/2012     EUR    70.14
VONTOBEL FIN PRO       10.819   6/22/2012     EUR    70.12
VONTOBEL FIN PRO       10.818   6/22/2012     EUR    70.22
VONTOBEL FIN PRO       10.800   6/22/2012     EUR    36.58
VONTOBEL FIN PRO       10.791   6/22/2012     EUR    66.62
VONTOBEL FIN PRO       10.789   6/22/2012     EUR    71.62
VONTOBEL FIN PRO       10.781   6/22/2012     EUR    64.00
VONTOBEL FIN PRO       10.486   6/22/2012     EUR    37.58
VONTOBEL FIN PRO       10.779   6/22/2012     EUR    50.74
VONTOBEL FIN PRO       10.761   6/22/2012     EUR    72.82
VONTOBEL FIN PRO       10.761   6/22/2012     EUR    55.88
VONTOBEL FIN PRO       10.760   6/22/2012     EUR    62.76
VONTOBEL FIN PRO       10.759   6/22/2012     EUR    62.59
VONTOBEL FIN PRO       10.757   6/22/2012     EUR    43.88
VONTOBEL FIN PRO       10.490   6/22/2012     EUR    44.22
VONTOBEL FIN PRO       10.492   6/22/2012     EUR    73.74
VONTOBEL FIN PRO       10.500   6/22/2012     EUR    43.26
VONTOBEL FIN PRO       10.500   6/22/2012     EUR    72.44
VONTOBEL FIN PRO       10.520   6/22/2012     EUR    33.46
VONTOBEL FIN PRO       10.757   6/22/2012     EUR    70.46
VONTOBEL FIN PRO       10.755   6/22/2012     EUR    70.52
VONTOBEL FIN PRO       10.726   6/22/2012     EUR    40.24
VONTOBEL FIN PRO       10.724   6/22/2012     EUR    44.64
VONTOBEL FIN PRO       10.720   6/22/2012     EUR    71.34
VONTOBEL FIN PRO       10.703   6/22/2012     EUR    63.22
VONTOBEL FIN PRO       10.702   6/22/2012     EUR    74.52
VONTOBEL FIN PRO       10.697   6/22/2012     EUR    69.16
VONTOBEL FIN PRO       10.679   6/22/2012     EUR    73.88
VONTOBEL FIN PRO       10.668   6/22/2012     EUR    64.16
VONTOBEL FIN PRO       10.660   6/22/2012     EUR    41.28
VONTOBEL FIN PRO       10.642   6/22/2012     EUR    52.53
VONTOBEL FIN PRO       10.620   6/22/2012     EUR    54.86
VONTOBEL FIN PRO       10.612   6/22/2012     EUR    62.60
VONTOBEL FIN PRO       10.611   6/22/2012     EUR    70.40
VONTOBEL FIN PRO       10.607   6/22/2012     EUR    41.62
VONTOBEL FIN PRO       10.577   6/22/2012     EUR    52.86
VONTOBEL FIN PRO       10.571   6/22/2012     EUR    70.96
VONTOBEL FIN PRO       10.567   6/22/2012     EUR    53.02
VONTOBEL FIN PRO       10.556   6/22/2012     EUR    66.50
VONTOBEL FIN PRO       10.548   6/22/2012     EUR    46.74
VONTOBEL FIN PRO       10.528   6/22/2012     EUR    56.75
VONTOBEL FIN PRO        7.094   6/22/2012     EUR    50.12
VONTOBEL FIN PRO        7.101   6/22/2012     EUR    38.94
VONTOBEL FIN PRO        7.150   6/22/2012     EUR    70.20
VONTOBEL FIN PRO        7.150   6/22/2012     EUR    73.60
VONTOBEL FIN PRO        7.156   6/22/2012     EUR    61.38
VONTOBEL FIN PRO        7.184   6/22/2012     EUR    74.86
VONTOBEL FIN PRO        7.200   6/22/2012     EUR    61.40
VONTOBEL FIN PRO        7.228   6/22/2012     EUR    63.18
VONTOBEL FIN PRO        7.231   6/22/2012     EUR    65.82
VONTOBEL FIN PRO        7.236   6/22/2012     EUR    45.24
VONTOBEL FIN PRO        7.299   6/22/2012     EUR    69.28
VONTOBEL FIN PRO        7.299   6/22/2012     EUR    66.74
VONTOBEL FIN PRO        7.337   6/22/2012     EUR    71.81
VONTOBEL FIN PRO        7.354   6/22/2012     EUR    74.01
VONTOBEL FIN PRO        7.362   6/22/2012     EUR    64.78
VONTOBEL FIN PRO        7.370   6/22/2012     EUR    62.92
VONTOBEL FIN PRO        7.416   6/22/2012     EUR    70.34
VONTOBEL FIN PRO        7.471   6/22/2012     EUR    72.92
VONTOBEL FIN PRO        7.473   6/22/2012     EUR    50.70
VONTOBEL FIN PRO        7.488   6/22/2012     EUR    59.24
VONTOBEL FIN PRO        7.500   6/22/2012     EUR    52.00
VONTOBEL FIN PRO        7.509   6/22/2012     EUR    46.24
VONTOBEL FIN PRO        7.562   6/22/2012     EUR    57.32
VONTOBEL FIN PRO        7.600   6/22/2012     EUR    68.88
VONTOBEL FIN PRO        7.622   6/22/2012     EUR    73.18
VONTOBEL FIN PRO        7.689   6/22/2012     EUR    73.76
VONTOBEL FIN PRO        7.700   6/22/2012     EUR    65.44
VONTOBEL FIN PRO        7.720   6/22/2012     EUR    64.68
VONTOBEL FIN PRO        7.754   6/22/2012     EUR    49.32
VONTOBEL FIN PRO        7.795   6/22/2012     EUR    62.70
VONTOBEL FIN PRO        7.812   6/22/2012     EUR    62.44
VONTOBEL FIN PRO        7.833   6/22/2012     EUR    69.26
VONTOBEL FIN PRO        7.855   6/22/2012     EUR    58.02
VONTOBEL FIN PRO        7.942   6/22/2012     EUR    50.52
VONTOBEL FIN PRO        7.956   6/22/2012     EUR    70.00
VONTOBEL FIN PRO        7.974   6/22/2012     EUR    48.28
VONTOBEL FIN PRO        7.974   6/22/2012     EUR    32.06
VONTOBEL FIN PRO        7.988   6/22/2012     EUR    71.87
VONTOBEL FIN PRO        7.996   6/22/2012     EUR    57.46
VONTOBEL FIN PRO        8.013   6/22/2012     EUR    45.72
VONTOBEL FIN PRO        8.014   6/22/2012     EUR    59.76
VONTOBEL FIN PRO        8.015   6/22/2012     EUR    57.56
VONTOBEL FIN PRO        8.031   6/22/2012     EUR    65.16
VONTOBEL FIN PRO        8.038   6/22/2012     EUR    63.71
VONTOBEL FIN PRO        8.052   6/22/2012     EUR    68.96
VONTOBEL FIN PRO        8.068   6/22/2012     EUR    50.16
VONTOBEL FIN PRO        8.092   6/22/2012     EUR    71.14
VONTOBEL FIN PRO        8.108   6/22/2012     EUR    61.54
VONTOBEL FIN PRO        8.113   6/22/2012     EUR    69.22
VONTOBEL FIN PRO        8.113   6/22/2012     EUR    59.20
VONTOBEL FIN PRO        8.135   6/22/2012     EUR    56.16
VONTOBEL FIN PRO        8.152   6/22/2012     EUR    57.48
VONTOBEL FIN PRO        8.169   6/22/2012     EUR    73.72
VONTOBEL FIN PRO        8.177   6/22/2012     EUR    70.80
VONTOBEL FIN PRO        8.185   6/22/2012     EUR    44.46
VONTOBEL FIN PRO        8.189   6/22/2012     EUR    32.08
VONTOBEL FIN PRO        8.189   6/22/2012     EUR    56.98
VONTOBEL FIN PRO        8.229   6/22/2012     EUR    58.70
VONTOBEL FIN PRO        8.264   6/22/2012     EUR    58.24
VONTOBEL FIN PRO        8.267   6/22/2012     EUR    58.34
VONTOBEL FIN PRO        8.278   6/22/2012     EUR    59.68
VONTOBEL FIN PRO        8.284   6/22/2012     EUR    46.38
VONTOBEL FIN PRO        8.302   6/22/2012     EUR    50.08
VONTOBEL FIN PRO        8.302   6/22/2012     EUR    71.91
VONTOBEL FIN PRO        8.327   6/22/2012     EUR    53.96
VONTOBEL FIN PRO        8.328   6/22/2012     EUR    70.24
VONTOBEL FIN PRO        8.340   6/22/2012     EUR    55.32
VONTOBEL FIN PRO        8.340   6/22/2012     EUR    16.52
VONTOBEL FIN PRO        8.347   6/22/2012     EUR    68.14
VONTOBEL FIN PRO        8.347   6/22/2012     EUR    48.60
VONTOBEL FIN PRO        8.347   6/22/2012     EUR    57.08
VONTOBEL FIN PRO        8.369   6/22/2012     EUR    72.82
VONTOBEL FIN PRO        8.377   6/22/2012     EUR    70.38
VONTOBEL FIN PRO        8.377   6/22/2012     EUR    43.38
VONTOBEL FIN PRO        8.378   6/22/2012     EUR    70.04
VONTOBEL FIN PRO        8.404   6/22/2012     EUR    63.28
VONTOBEL FIN PRO        8.407   6/22/2012     EUR    35.32
VONTOBEL FIN PRO        8.408   6/22/2012     EUR    71.86
VONTOBEL FIN PRO        8.422   6/22/2012     EUR    71.91
VONTOBEL FIN PRO        8.433   6/22/2012     EUR    62.58
VONTOBEL FIN PRO        8.455   6/22/2012     EUR    68.88
VONTOBEL FIN PRO        8.460   6/22/2012     EUR    48.34
VONTOBEL FIN PRO        8.466   6/22/2012     EUR    64.32
VONTOBEL FIN PRO        8.466   6/22/2012     EUR    36.70
VONTOBEL FIN PRO        8.487   6/22/2012     EUR    57.44
VONTOBEL FIN PRO        8.491   6/22/2012     EUR    48.66
VONTOBEL FIN PRO        8.491   6/22/2012     EUR    43.86
VONTOBEL FIN PRO       17.189   6/22/2012     EUR    61.02
VONTOBEL FIN PRO       17.150   6/22/2012     EUR    69.70
VONTOBEL FIN PRO       16.900   6/22/2012     EUR    60.26
VONTOBEL FIN PRO       16.864   6/22/2012     EUR    49.66
VONTOBEL FIN PRO       16.850   6/22/2012     EUR    60.40
VONTOBEL FIN PRO       16.833   6/22/2012     EUR    57.44
VONTOBEL FIN PRO       16.746   6/22/2012     EUR    17.56
VONTOBEL FIN PRO        8.495   6/22/2012     EUR    68.22
VONTOBEL FIN PRO        8.496   6/22/2012     EUR    67.10
VONTOBEL FIN PRO       16.667   6/22/2012     EUR    19.64
VONTOBEL FIN PRO       16.611   6/22/2012     EUR    62.16
VONTOBEL FIN PRO        8.500   6/22/2012     EUR    71.18
VONTOBEL FIN PRO        8.501   6/22/2012     EUR    74.65
VONTOBEL FIN PRO       16.600   6/22/2012     EUR    56.14
VONTOBEL FIN PRO       16.600   6/22/2012     EUR    74.36
VONTOBEL FIN PRO       16.595   6/22/2012     EUR    46.36
VONTOBEL FIN PRO       16.497   6/22/2012     EUR    18.50
VONTOBEL FIN PRO       16.488   6/22/2012     EUR    19.58
VONTOBEL FIN PRO        8.525   6/22/2012     EUR    52.70
VONTOBEL FIN PRO        8.528   6/22/2012     EUR    61.60
VONTOBEL FIN PRO        8.528   6/22/2012     EUR    57.74
VONTOBEL FIN PRO       16.389   6/22/2012     EUR    67.26
VONTOBEL FIN PRO       16.250   6/22/2012     EUR    69.78
VONTOBEL FIN PRO       16.156   6/22/2012     EUR    53.08
VONTOBEL FIN PRO        8.550   6/22/2012     EUR    68.58
VONTOBEL FIN PRO        8.566   6/22/2012     EUR    62.90
VONTOBEL FIN PRO        8.581   6/22/2012     EUR    56.44
VONTOBEL FIN PRO        8.597   6/22/2012     EUR    54.90
VONTOBEL FIN PRO        8.605   6/22/2012     EUR    73.52
VONTOBEL FIN PRO        8.640   6/22/2012     EUR    25.08
VONTOBEL FIN PRO        8.642   6/22/2012     EUR    45.65
VONTOBEL FIN PRO        8.667   6/22/2012     EUR    69.62
VONTOBEL FIN PRO        8.667   6/22/2012     EUR    57.02
VONTOBEL FIN PRO        8.676   6/22/2012     EUR    60.00
VONTOBEL FIN PRO        8.676   6/22/2012     EUR    71.92
VONTOBEL FIN PRO        8.679   6/22/2012     EUR    50.62
VONTOBEL FIN PRO        8.679   6/22/2012     EUR    62.66
VONTOBEL FIN PRO        8.681   6/22/2012     EUR    64.02
VONTOBEL FIN PRO        8.690   6/22/2012     EUR    47.62
VONTOBEL FIN PRO        8.701   6/22/2012     EUR    35.44
VONTOBEL FIN PRO        8.701   6/22/2012     EUR    74.78
VONTOBEL FIN PRO        8.711   6/22/2012     EUR    71.93
VONTOBEL FIN PRO        8.720   6/22/2012     EUR    60.40
VONTOBEL FIN PRO        8.727   6/22/2012     EUR    66.38
VONTOBEL FIN PRO        8.747   6/22/2012     EUR    69.74
VONTOBEL FIN PRO        8.753   6/22/2012     EUR    64.62
VONTOBEL FIN PRO        8.755   6/22/2012     EUR    40.84
VONTOBEL FIN PRO        8.755   6/22/2012     EUR    57.62
VONTOBEL FIN PRO        8.755   6/22/2012     EUR    60.94
VONTOBEL FIN PRO        8.757   6/22/2012     EUR    57.85
VONTOBEL FIN PRO        8.774   6/22/2012     EUR    68.58
VONTOBEL FIN PRO        8.779   6/22/2012     EUR    73.90
VONTOBEL FIN PRO        8.793   6/22/2012     EUR    56.80
VONTOBEL FIN PRO        8.795   6/22/2012     EUR    45.74
VONTOBEL FIN PRO        8.795   6/22/2012     EUR    63.42
VONTOBEL FIN PRO        8.795   6/22/2012     EUR    52.24
VONTOBEL FIN PRO        8.800   6/22/2012     EUR    71.02
VONTOBEL FIN PRO        8.802   6/22/2012     EUR    70.80
VONTOBEL FIN PRO        8.806   6/22/2012     EUR    64.00
VONTOBEL FIN PRO        8.806   6/22/2012     EUR    50.44
VONTOBEL FIN PRO        8.819   6/22/2012     EUR    71.93
VONTOBEL FIN PRO        8.830   6/22/2012     EUR    59.24
VONTOBEL FIN PRO        8.835   6/22/2012     EUR    53.16
VONTOBEL FIN PRO        8.845   6/22/2012     EUR    65.68
VONTOBEL FIN PRO        8.855   6/22/2012     EUR    71.93
VONTOBEL FIN PRO        8.872   6/22/2012     EUR    70.48
VONTOBEL FIN PRO        8.875   6/22/2012     EUR    56.82
VONTOBEL FIN PRO        8.877   6/22/2012     EUR    56.14
VONTOBEL FIN PRO        8.889   6/22/2012     EUR    73.92
VONTOBEL FIN PRO        8.889   6/22/2012     EUR    46.18
VONTOBEL FIN PRO        8.891   6/22/2012     EUR    50.92
VONTOBEL FIN PRO        8.892   6/22/2012     EUR    49.48
VONTOBEL FIN PRO        8.900   6/22/2012     EUR    50.52
VONTOBEL FIN PRO        8.906   6/22/2012     EUR    44.66
VONTOBEL FIN PRO        8.920   6/22/2012     EUR    66.74
VONTOBEL FIN PRO        8.943   6/22/2012     EUR    60.38
VONTOBEL FIN PRO        8.944   6/22/2012     EUR    69.02
VONTOBEL FIN PRO        8.960   6/22/2012     EUR    74.14
VONTOBEL FIN PRO        8.982   6/22/2012     EUR    69.98
VONTOBEL FIN PRO        9.019   6/22/2012     EUR    46.44
VONTOBEL FIN PRO        9.025   6/22/2012     EUR    65.78
VONTOBEL FIN PRO        9.026   6/22/2012     EUR    66.66
VONTOBEL FIN PRO        9.071   6/22/2012     EUR    62.88
VONTOBEL FIN PRO        9.072   6/22/2012     EUR    41.14
VONTOBEL FIN PRO        9.072   6/22/2012     EUR    58.48
VONTOBEL FIN PRO        9.072   6/22/2012     EUR    71.36
VONTOBEL FIN PRO        9.074   6/22/2012     EUR    72.28
VONTOBEL FIN PRO        9.075   6/22/2012     EUR    74.40
VONTOBEL FIN PRO        9.080   6/22/2012     EUR    67.74
VONTOBEL FIN PRO        9.094   6/22/2012     EUR    67.85
VONTOBEL FIN PRO        9.097   6/22/2012     EUR    69.76
VONTOBEL FIN PRO        9.125   6/22/2012     EUR    69.04
VONTOBEL FIN PRO        9.133   6/22/2012     EUR    70.62
VONTOBEL FIN PRO        9.134   6/22/2012     EUR    65.56
VONTOBEL FIN PRO        9.139   6/22/2012     EUR    72.36
VONTOBEL FIN PRO        9.140   6/22/2012     EUR    74.68
VONTOBEL FIN PRO        9.142   6/22/2012     EUR    58.60
VONTOBEL FIN PRO        9.162   6/22/2012     EUR    60.84
VONTOBEL FIN PRO        9.170   6/22/2012     EUR    72.76
VONTOBEL FIN PRO        9.180   6/22/2012     EUR    59.46
VONTOBEL FIN PRO        9.208   6/22/2012     EUR    37.12
VONTOBEL FIN PRO        9.220   6/22/2012     EUR    71.78
VONTOBEL FIN PRO        9.234   6/22/2012     EUR    74.90
VONTOBEL FIN PRO        9.250   6/22/2012     EUR    72.96
VONTOBEL FIN PRO        9.250   6/22/2012     EUR    51.94
VONTOBEL FIN PRO        9.259   6/22/2012     EUR    64.92
VONTOBEL FIN PRO        9.274   6/22/2012     EUR    55.52
VONTOBEL FIN PRO        9.283   6/22/2012     EUR    35.24
VONTOBEL FIN PRO        9.290   6/22/2012     EUR    53.80
VONTOBEL FIN PRO        9.292   6/22/2012     EUR    44.56
VONTOBEL FIN PRO        9.295   6/22/2012     EUR    74.64
VONTOBEL FIN PRO        9.309   6/22/2012     EUR    74.69
VONTOBEL FIN PRO        9.316   6/22/2012     EUR    45.38
VONTOBEL FIN PRO        9.332   6/22/2012     EUR    60.72
VONTOBEL FIN PRO        9.333   6/22/2012     EUR    63.20
VONTOBEL FIN PRO        9.333   6/22/2012     EUR    66.12
VONTOBEL FIN PRO        9.373   6/22/2012     EUR    38.75
VONTOBEL FIN PRO        9.376   6/22/2012     EUR    72.32
VONTOBEL FIN PRO        9.389   6/22/2012     EUR    45.80
VONTOBEL FIN PRO        9.396   6/22/2012     EUR    61.66
VONTOBEL FIN PRO        9.405   6/22/2012     EUR    64.00
VONTOBEL FIN PRO        9.411   6/22/2012     EUR    57.46
VONTOBEL FIN PRO        9.414   6/22/2012     EUR    48.82
VONTOBEL FIN PRO        9.443   6/22/2012     EUR    69.38
VONTOBEL FIN PRO        9.448   6/22/2012     EUR    65.92
VONTOBEL FIN PRO        9.454   6/22/2012     EUR    38.14
VONTOBEL FIN PRO        9.461   6/22/2012     EUR    62.52
VONTOBEL FIN PRO        9.466   6/22/2012     EUR    53.30
VONTOBEL FIN PRO        9.472   6/22/2012     EUR    63.62
VONTOBEL FIN PRO        9.472   6/22/2012     EUR    28.49
VONTOBEL FIN PRO        9.493   6/22/2012     EUR    71.38
VONTOBEL FIN PRO        9.509   6/22/2012     EUR    70.44
VONTOBEL FIN PRO        9.511   6/22/2012     EUR    54.02
VONTOBEL FIN PRO        9.524   6/22/2012     EUR    57.48
VONTOBEL FIN PRO        9.534   6/22/2012     EUR    68.98
VONTOBEL FIN PRO        9.534   6/22/2012     EUR    64.68
VONTOBEL FIN PRO        9.547   6/22/2012     EUR    50.62
VONTOBEL FIN PRO        9.550   6/22/2012     EUR    73.46
VONTOBEL FIN PRO        9.553   6/22/2012     EUR    57.94
VONTOBEL FIN PRO        9.553   6/22/2012     EUR    54.96
VONTOBEL FIN PRO        9.556   6/22/2012     EUR    21.70
VONTOBEL FIN PRO        9.557   6/22/2012     EUR    65.28
VONTOBEL FIN PRO        9.567   6/22/2012     EUR    65.92
VONTOBEL FIN PRO        9.576   6/22/2012     EUR    52.88
VONTOBEL FIN PRO        9.600   6/22/2012     EUR    68.12
VONTOBEL FIN PRO        9.606   6/22/2012     EUR    57.52
VONTOBEL FIN PRO        9.623   6/22/2012     EUR    42.32
VONTOBEL FIN PRO        9.623   6/22/2012     EUR    32.20
VONTOBEL FIN PRO        9.627   6/22/2012     EUR    47.12
VONTOBEL FIN PRO        9.658   6/22/2012     EUR    55.61
VONTOBEL FIN PRO        9.673   6/22/2012     EUR    38.40
VONTOBEL FIN PRO        9.674   6/22/2012     EUR    60.90
VONTOBEL FIN PRO        9.684   6/22/2012     EUR    64.16
VONTOBEL FIN PRO        9.687   6/22/2012     EUR    69.16
VONTOBEL FIN PRO        9.689   6/22/2012     EUR    67.82
VONTOBEL FIN PRO        9.689   6/22/2012     EUR    54.42
VONTOBEL FIN PRO        9.698   6/22/2012     EUR    64.10
VONTOBEL FIN PRO        9.699   6/22/2012     EUR    42.24
VONTOBEL FIN PRO        9.702   6/22/2012     EUR    73.40
VONTOBEL FIN PRO        9.709   6/22/2012     EUR    42.10
VONTOBEL FIN PRO        9.709   6/22/2012     EUR    32.94
VONTOBEL FIN PRO        9.709   6/22/2012     EUR    68.34
VONTOBEL FIN PRO        9.716   6/22/2012     EUR    57.80
VONTOBEL FIN PRO        9.722   6/22/2012     EUR    67.82
VONTOBEL FIN PRO        9.723   6/22/2012     EUR    69.72
VONTOBEL FIN PRO        9.724   6/22/2012     EUR    63.40
VONTOBEL FIN PRO        9.732   6/22/2012     EUR    69.16
VONTOBEL FIN PRO        9.740   6/22/2012     EUR    66.67
VONTOBEL FIN PRO        9.754   6/22/2012     EUR    67.30
VONTOBEL FIN PRO        9.781   6/22/2012     EUR    45.78
VONTOBEL FIN PRO        9.784   6/22/2012     EUR    74.77
VONTOBEL FIN PRO        9.790   6/22/2012     EUR    67.28
VONTOBEL FIN PRO        9.790   6/22/2012     EUR    73.96
VONTOBEL FIN PRO        9.797   6/22/2012     EUR    41.20
VONTOBEL FIN PRO        9.832   6/22/2012     EUR    61.66
VONTOBEL FIN PRO        9.832   6/22/2012     EUR    66.12
VONTOBEL FIN PRO        9.851   6/22/2012     EUR    70.02
VONTOBEL FIN PRO        9.871   6/22/2012     EUR    54.44
VONTOBEL FIN PRO        9.871   6/22/2012     EUR    71.82
VONTOBEL FIN PRO        9.880   6/22/2012     EUR    58.20
VONTOBEL FIN PRO        9.887   6/22/2012     EUR    55.40
VONTOBEL FIN PRO        9.892   6/22/2012     EUR    57.10
VONTOBEL FIN PRO        9.898   6/22/2012     EUR    72.02
VONTOBEL FIN PRO        9.918   6/22/2012     EUR    48.92
VONTOBEL FIN PRO        9.921   6/22/2012     EUR    58.58
VONTOBEL FIN PRO        9.950   6/22/2012     EUR    73.46
VONTOBEL FIN PRO        9.957   6/22/2012     EUR    49.46
VONTOBEL FIN PRO        9.960   6/22/2012     EUR    63.18
VONTOBEL FIN PRO        9.969   6/22/2012     EUR    34.22
VONTOBEL FIN PRO        9.991   6/22/2012     EUR    49.58
VONTOBEL FIN PRO       10.000   6/22/2012     EUR    61.72
VONTOBEL FIN PRO       10.000   6/22/2012     EUR    73.82
VONTOBEL FIN PRO       10.000   6/22/2012     EUR    68.58
VONTOBEL FIN PRO       10.026   6/22/2012     EUR    54.08
VONTOBEL FIN PRO       10.027   6/22/2012     EUR    70.55
VONTOBEL FIN PRO       10.028   6/22/2012     EUR    50.54
VONTOBEL FIN PRO       10.028   6/22/2012     EUR    64.08
VONTOBEL FIN PRO       10.030   6/22/2012     EUR    61.48
VONTOBEL FIN PRO       10.038   6/22/2012     EUR    44.78
VONTOBEL FIN PRO       10.048   6/22/2012     EUR    69.16
VONTOBEL FIN PRO       10.050   6/22/2012     EUR    59.44
VONTOBEL FIN PRO       10.070   6/22/2012     EUR    71.94
VONTOBEL FIN PRO       10.070   6/22/2012     EUR    61.00
VONTOBEL FIN PRO       10.073   6/22/2012     EUR    64.68
VONTOBEL FIN PRO       10.098   6/22/2012     EUR    66.98
VONTOBEL FIN PRO       10.100   6/22/2012     EUR    58.00
VONTOBEL FIN PRO       10.107   6/22/2012     EUR    55.70
VONTOBEL FIN PRO       10.110   6/22/2012     EUR    36.86
VONTOBEL FIN PRO       10.113   6/22/2012     EUR    60.74
VONTOBEL FIN PRO       10.116   6/22/2012     EUR    52.98
VONTOBEL FIN PRO       10.135   6/22/2012     EUR    72.40
VONTOBEL FIN PRO       10.142   6/22/2012     EUR    56.00
VONTOBEL FIN PRO       10.146   6/22/2012     EUR    72.20
VONTOBEL FIN PRO       10.148   6/22/2012     EUR    71.82
VONTOBEL FIN PRO       10.167   6/22/2012     EUR    45.54
VONTOBEL FIN PRO       10.185   6/22/2012     EUR    69.42
VONTOBEL FIN PRO       10.186   6/22/2012     EUR    58.68
VONTOBEL FIN PRO       10.200   6/22/2012     EUR    72.56
VONTOBEL FIN PRO       10.204   6/22/2012     EUR    66.72
VONTOBEL FIN PRO       10.207   6/22/2012     EUR    52.16
VONTOBEL FIN PRO       10.222   6/22/2012     EUR    69.42
VONTOBEL FIN PRO       10.222   6/22/2012     EUR    54.46
VONTOBEL FIN PRO       10.241   6/22/2012     EUR    67.54
VONTOBEL FIN PRO       10.244   6/22/2012     EUR    64.72
VONTOBEL FIN PRO       10.246   6/22/2012     EUR    61.64
VONTOBEL FIN PRO       10.254   6/22/2012     EUR    52.28
VONTOBEL FIN PRO       10.257   6/22/2012     EUR    48.46
VONTOBEL FIN PRO       10.260   6/22/2012     EUR    44.58
VONTOBEL FIN PRO       10.264   6/22/2012     EUR    45.79
VONTOBEL FIN PRO       10.272   6/22/2012     EUR    69.42
VONTOBEL FIN PRO       10.273   6/22/2012     EUR    47.40
VONTOBEL FIN PRO       10.274   6/22/2012     EUR    64.88
VONTOBEL FIN PRO       10.278   6/22/2012     EUR    44.88
VONTOBEL FIN PRO       10.286   6/22/2012     EUR    67.04
VONTOBEL FIN PRO       10.293   6/22/2012     EUR    71.68
VONTOBEL FIN PRO       10.297   6/22/2012     EUR    73.66
VONTOBEL FIN PRO       10.311   6/22/2012     EUR    72.40
VONTOBEL FIN PRO       10.325   6/22/2012     EUR    60.86
VONTOBEL FIN PRO       16.150   6/22/2012     EUR    52.10
VONTOBEL FIN PRO       16.110   6/22/2012     EUR    15.20
VONTOBEL FIN PRO       16.000   6/22/2012     EUR    73.98
VONTOBEL FIN PRO       15.979   6/22/2012     EUR    51.38
VONTOBEL FIN PRO       15.950   6/22/2012     EUR    62.04
VONTOBEL FIN PRO       15.944   6/22/2012     EUR    67.88
VONTOBEL FIN PRO       15.940   6/22/2012     EUR    28.60
VONTOBEL FIN PRO       15.920   6/22/2012     EUR    15.88
VONTOBEL FIN PRO       15.889   6/22/2012     EUR    68.30
VONTOBEL FIN PRO       15.856   6/22/2012     EUR    63.02
VONTOBEL FIN PRO       15.840   6/22/2012     EUR    42.98
VONTOBEL FIN PRO       15.526   6/22/2012     EUR    42.02
VONTOBEL FIN PRO       15.448   6/22/2012     EUR    38.74
VONTOBEL FIN PRO       15.370   6/22/2012     EUR    42.00
VONTOBEL FIN PRO       15.308   6/22/2012     EUR    32.90
VONTOBEL FIN PRO       15.258   6/22/2012     EUR    56.98
VONTOBEL FIN PRO       15.250   6/22/2012     EUR    46.36
VONTOBEL FIN PRO       15.167   6/22/2012     EUR    36.64
VONTOBEL FIN PRO       15.091   6/22/2012     EUR    51.88
VONTOBEL FIN PRO       15.081   6/22/2012     EUR    56.72
VONTOBEL FIN PRO       14.821   6/22/2012     EUR    29.72
VONTOBEL FIN PRO       14.791   6/22/2012     EUR    18.38
VONTOBEL FIN PRO       14.717   6/22/2012     EUR    32.54
VONTOBEL FIN PRO       14.712   6/22/2012     EUR    34.68
VONTOBEL FIN PRO       14.680   6/22/2012     EUR    37.80
VONTOBEL FIN PRO       14.652   6/22/2012     EUR    46.76
VONTOBEL FIN PRO       14.643   6/22/2012     EUR    73.86
VONTOBEL FIN PRO       14.611   6/22/2012     EUR    54.22
VONTOBEL FIN PRO       14.595   6/22/2012     EUR    56.60
VONTOBEL FIN PRO       14.580   6/22/2012     EUR    50.62
VONTOBEL FIN PRO       14.561   6/22/2012     EUR    54.82
VONTOBEL FIN PRO       14.450   6/22/2012     EUR    36.48
VONTOBEL FIN PRO       14.447   6/22/2012     EUR    58.18
VONTOBEL FIN PRO       14.436   6/22/2012     EUR    20.66
VONTOBEL FIN PRO       14.345   6/22/2012     EUR    45.02
VONTOBEL FIN PRO       14.302   6/22/2012     EUR    17.02
VONTOBEL FIN PRO       14.278   6/22/2012     EUR    40.84
VONTOBEL FIN PRO       14.276   6/22/2012     EUR    56.10
VONTOBEL FIN PRO       14.229   6/22/2012     EUR    33.94
VONTOBEL FIN PRO       14.201   6/22/2012     EUR    27.70
VONTOBEL FIN PRO       14.172   6/22/2012     EUR    54.76
VONTOBEL FIN PRO       14.167   6/22/2012     EUR    61.26
VONTOBEL FIN PRO       14.160   6/22/2012     EUR    16.50
VONTOBEL FIN PRO       14.150   6/22/2012     EUR    60.92
VONTOBEL FIN PRO       14.100   6/22/2012     EUR    74.48
VONTOBEL FIN PRO       14.061   6/22/2012     EUR    50.82
VONTOBEL FIN PRO       14.000   6/22/2012     EUR    54.20
VONTOBEL FIN PRO       14.000   6/22/2012     EUR    42.88
VONTOBEL FIN PRO       13.980   6/22/2012     EUR    43.74
VONTOBEL FIN PRO       13.974   6/22/2012     EUR    59.30
VONTOBEL FIN PRO       13.973   6/22/2012     EUR    63.53
VONTOBEL FIN PRO       13.968   6/22/2012     EUR    52.66
VONTOBEL FIN PRO       13.961   6/22/2012     EUR    65.42
VONTOBEL FIN PRO       13.944   6/22/2012     EUR    66.28
VONTOBEL FIN PRO       13.886   6/22/2012     EUR    47.30
VONTOBEL FIN PRO       13.860   6/22/2012     EUR    45.82
VONTOBEL FIN PRO       13.846   6/22/2012     EUR    48.14
VONTOBEL FIN PRO       13.832   6/22/2012     EUR    50.62
VONTOBEL FIN PRO       13.832   6/22/2012     EUR    32.60
VONTOBEL FIN PRO       13.829   6/22/2012     EUR    45.82
VONTOBEL FIN PRO       13.812   6/22/2012     EUR    41.78
VONTOBEL FIN PRO       13.809   6/22/2012     EUR    72.84
VONTOBEL FIN PRO       13.803   6/22/2012     EUR    40.32
VONTOBEL FIN PRO       13.800   6/22/2012     EUR    59.64
VONTOBEL FIN PRO       13.792   6/22/2012     EUR    48.30
VONTOBEL FIN PRO       13.778   6/22/2012     EUR    55.32
VONTOBEL FIN PRO       13.778   6/22/2012     EUR    71.72
VONTOBEL FIN PRO       13.758   6/22/2012     EUR    26.14
VONTOBEL FIN PRO       13.748   6/22/2012     EUR    35.34
VONTOBEL FIN PRO       13.748   6/22/2012     EUR    56.90
VONTOBEL FIN PRO       13.700   6/22/2012     EUR    65.82
VONTOBEL FIN PRO       13.667   6/22/2012     EUR    63.00
VONTOBEL FIN PRO       13.650   6/22/2012     EUR    50.96
VONTOBEL FIN PRO       13.627   6/22/2012     EUR    67.12
VONTOBEL FIN PRO       13.615   6/22/2012     EUR    43.70
VONTOBEL FIN PRO       13.556   6/22/2012     EUR    69.54
VONTOBEL FIN PRO       13.536   6/22/2012     EUR    29.88
VONTOBEL FIN PRO       13.522   6/22/2012     EUR    47.26
VONTOBEL FIN PRO       13.521   6/22/2012     EUR    36.08
VONTOBEL FIN PRO       13.514   6/22/2012     EUR    74.74
VONTOBEL FIN PRO       13.500   6/22/2012     EUR    29.08
VONTOBEL FIN PRO       13.463   6/22/2012     EUR    27.42
VONTOBEL FIN PRO       13.461   6/22/2012     EUR    63.30
VONTOBEL FIN PRO       13.388   6/22/2012     EUR    63.30
VONTOBEL FIN PRO       13.355   6/22/2012     EUR    38.44
VONTOBEL FIN PRO       13.343   6/22/2012     EUR    49.22
VONTOBEL FIN PRO       13.293   6/22/2012     EUR    58.00
VONTOBEL FIN PRO       13.288   6/22/2012     EUR    34.50
VONTOBEL FIN PRO       13.283   6/22/2012     EUR    35.92
VONTOBEL FIN PRO       13.253   6/22/2012     EUR    39.58
VONTOBEL FIN PRO       13.224   6/22/2012     EUR    49.00
VONTOBEL FIN PRO       13.208   6/22/2012     EUR    42.82
VONTOBEL FIN PRO       13.200   6/22/2012     EUR    57.42
VONTOBEL FIN PRO       13.200   6/22/2012     EUR    68.62
VONTOBEL FIN PRO       13.150   6/22/2012     EUR    40.20
VONTOBEL FIN PRO       13.150   6/22/2012     EUR    70.68
VONTOBEL FIN PRO       13.123   6/22/2012     EUR    74.50
VONTOBEL FIN PRO       13.111   6/22/2012     EUR    38.68
VONTOBEL FIN PRO       13.084   6/22/2012     EUR    50.40
VONTOBEL FIN PRO       13.055   6/22/2012     EUR    70.10
VONTOBEL FIN PRO       13.035   6/22/2012     EUR    70.28
VONTOBEL FIN PRO       13.035   6/22/2012     EUR    62.60
VONTOBEL FIN PRO       13.032   6/22/2012     EUR    28.38
VONTOBEL FIN PRO       13.027   6/22/2012     EUR    65.44
VONTOBEL FIN PRO       13.024   6/22/2012     EUR    61.06
VONTOBEL FIN PRO       13.000   6/22/2012     EUR    20.56
VONTOBEL FIN PRO       13.000   6/22/2012     EUR    72.78
VONTOBEL FIN PRO       12.978   6/22/2012     EUR    74.48
VONTOBEL FIN PRO       12.964   6/22/2012     EUR    51.96
VONTOBEL FIN PRO       12.926   6/22/2012     EUR    62.88
VONTOBEL FIN PRO       12.890   6/22/2012     EUR    66.68
VONTOBEL FIN PRO       12.880   6/22/2012     EUR    59.28
VONTOBEL FIN PRO       12.878   6/22/2012     EUR    60.84
VONTOBEL FIN PRO       12.870   6/22/2012     EUR    50.88
VONTOBEL FIN PRO       12.857   6/22/2012     EUR    70.08
VONTOBEL FIN PRO       12.851   6/22/2012     EUR    74.94
VONTOBEL FIN PRO       12.830   6/22/2012     EUR    32.62
VONTOBEL FIN PRO       12.799   6/22/2012     EUR    54.68
VONTOBEL FIN PRO       12.789   6/22/2012     EUR    68.22
VONTOBEL FIN PRO       12.740   6/22/2012     EUR    67.64
VONTOBEL FIN PRO       12.716   6/22/2012     EUR    31.10
VONTOBEL FIN PRO       12.689   6/22/2012     EUR    51.14
VONTOBEL FIN PRO       12.685   6/22/2012     EUR    36.80
VONTOBEL FIN PRO       12.679   6/22/2012     EUR    52.51
VONTOBEL FIN PRO       12.672   6/22/2012     EUR    33.82
VONTOBEL FIN PRO       12.672   6/22/2012     EUR    62.84
VONTOBEL FIN PRO       12.667   6/22/2012     EUR    63.68
VONTOBEL FIN PRO       12.652   6/22/2012     EUR    59.38
VONTOBEL FIN PRO       12.627   6/22/2012     EUR    37.86
VONTOBEL FIN PRO       12.623   6/22/2012     EUR    31.46
VONTOBEL FIN PRO       12.600   6/22/2012     EUR    52.48
VONTOBEL FIN PRO       12.595   6/22/2012     EUR    41.16
VONTOBEL FIN PRO       12.578   6/22/2012     EUR    34.90
VONTOBEL FIN PRO       12.578   6/22/2012     EUR    56.38
VONTOBEL FIN PRO       12.556   6/22/2012     EUR    73.14
VONTOBEL FIN PRO       12.550   6/22/2012     EUR    69.64
VONTOBEL FIN PRO       12.547   6/22/2012     EUR    57.82
VONTOBEL FIN PRO       12.544   6/22/2012     EUR    42.32
VONTOBEL FIN PRO       12.537   6/22/2012     EUR    44.90
VONTOBEL FIN PRO       12.536   6/22/2012     EUR    49.88
VONTOBEL FIN PRO       12.532   6/22/2012     EUR    52.96
VONTOBEL FIN PRO       12.520   6/22/2012     EUR    44.81
VONTOBEL FIN PRO       12.512   6/22/2012     EUR    47.36
VONTOBEL FIN PRO       12.500   6/22/2012     EUR    58.76
VONTOBEL FIN PRO       12.500   6/22/2012     EUR    67.24
VONTOBEL FIN PRO       12.472   6/22/2012     EUR    63.18
VONTOBEL FIN PRO       12.462   6/22/2012     EUR    57.82
VONTOBEL FIN PRO       12.456   6/22/2012     EUR    51.66
VONTOBEL FIN PRO       12.451   6/22/2012     EUR    48.10
VONTOBEL FIN PRO       12.420   6/22/2012     EUR    21.88
VONTOBEL FIN PRO       12.414   6/22/2012     EUR    73.44
VONTOBEL FIN PRO       12.405   6/22/2012     EUR    72.06
VONTOBEL FIN PRO       12.403   6/22/2012     EUR    61.48
VONTOBEL FIN PRO       12.398   6/22/2012     EUR    60.66
VONTOBEL FIN PRO       12.393   6/22/2012     EUR    55.48
VONTOBEL FIN PRO       12.389   6/22/2012     EUR    42.90
VONTOBEL FIN PRO       12.382   6/22/2012     EUR    47.92
VONTOBEL FIN PRO       12.352   6/22/2012     EUR    49.96
VONTOBEL FIN PRO       12.348   6/22/2012     EUR    59.26
VONTOBEL FIN PRO       12.343   6/22/2012     EUR    40.12
VONTOBEL FIN PRO       12.340   6/22/2012     EUR    37.38
VONTOBEL FIN PRO       12.340   6/22/2012     EUR    56.91
VONTOBEL FIN PRO       12.334   6/22/2012     EUR    68.56
VONTOBEL FIN PRO       12.323   6/22/2012     EUR    30.86
VONTOBEL FIN PRO       12.311   6/22/2012     EUR    74.26
VONTOBEL FIN PRO       12.306   6/22/2012     EUR    65.68
VONTOBEL FIN PRO       12.303   6/22/2012     EUR    67.78
VONTOBEL FIN PRO       12.300   6/22/2012     EUR    50.16
VONTOBEL FIN PRO       12.298   6/22/2012     EUR    42.34
VONTOBEL FIN PRO       12.276   6/22/2012     EUR    41.96
VONTOBEL FIN PRO       12.264   6/22/2012     EUR    72.72
VONTOBEL FIN PRO       12.264   6/22/2012     EUR    65.38
VONTOBEL FIN PRO       12.260   6/22/2012     EUR    47.06
VONTOBEL FIN PRO       12.247   6/22/2012     EUR    44.52
VONTOBEL FIN PRO       12.226   6/22/2012     EUR    16.82
VONTOBEL FIN PRO       12.216   6/22/2012     EUR    55.78
VONTOBEL FIN PRO       12.204   6/22/2012     EUR    42.82
VONTOBEL FIN PRO       12.168   6/22/2012     EUR    46.18
VONTOBEL FIN PRO       12.164   6/22/2012     EUR    57.28
VONTOBEL FIN PRO       12.162   6/22/2012     EUR    60.36
VONTOBEL FIN PRO       12.148   6/22/2012     EUR    66.86
VONTOBEL FIN PRO       12.144   6/22/2012     EUR    56.62
VONTOBEL FIN PRO       12.123   6/22/2012     EUR    44.32
VONTOBEL FIN PRO       12.118   6/22/2012     EUR    57.98
VONTOBEL FIN PRO       12.117   6/22/2012     EUR    31.04
VONTOBEL FIN PRO       12.111   6/22/2012     EUR    57.66
VONTOBEL FIN PRO       12.103   6/22/2012     EUR    47.51
VONTOBEL FIN PRO       12.091   6/22/2012     EUR    65.40
VONTOBEL FIN PRO       12.038   6/22/2012     EUR    64.03
VONTOBEL FIN PRO       12.025   6/22/2012     EUR    64.18
VONTOBEL FIN PRO       12.017   6/22/2012     EUR    55.42
VONTOBEL FIN PRO       12.015   6/22/2012     EUR    72.54
VONTOBEL FIN PRO       12.013   6/22/2012     EUR    37.80
VONTOBEL FIN PRO       12.000   6/22/2012     EUR    64.86
VONTOBEL FIN PRO       12.000   6/22/2012     EUR    55.42
VONTOBEL FIN PRO       12.000   6/22/2012     EUR    59.72
VONTOBEL FIN PRO       11.983   6/22/2012     EUR    62.94
VONTOBEL FIN PRO       11.967   6/22/2012     EUR    43.88
VONTOBEL FIN PRO       11.962   6/22/2012     EUR    73.96
VONTOBEL FIN PRO       11.959   6/22/2012     EUR    70.98
VONTOBEL FIN PRO       11.955   6/22/2012     EUR    35.60
VONTOBEL FIN PRO       11.952   6/22/2012     EUR    49.08
VONTOBEL FIN PRO       11.944   6/22/2012     EUR    52.16
VONTOBEL FIN PRO       11.917   6/22/2012     EUR    61.04
VONTOBEL FIN PRO       11.910   6/22/2012     EUR    51.04
VONTOBEL FIN PRO       11.900   6/22/2012     EUR    59.98
VONTOBEL FIN PRO       11.888   6/22/2012     EUR    66.28
VONTOBEL FIN PRO       11.877   6/22/2012     EUR    67.19
VONTOBEL FIN PRO       11.867   6/22/2012     EUR    65.02
VONTOBEL FIN PRO       11.844   6/22/2012     EUR    47.84
VONTOBEL FIN PRO       11.819   6/22/2012     EUR    58.84
VONTOBEL FIN PRO       11.814   6/22/2012     EUR    70.14
VONTOBEL FIN PRO       11.811   6/22/2012     EUR    35.80
VONTOBEL FIN PRO       11.808   6/22/2012     EUR    55.90
VONTOBEL FIN PRO       11.807   6/22/2012     EUR    46.04
VONTOBEL FIN PRO       11.807   6/22/2012     EUR    48.94
VONTOBEL FIN PRO       11.800   6/22/2012     EUR    62.76
VONTOBEL FIN PRO       11.798   6/22/2012     EUR    74.14
VONTOBEL FIN PRO       11.793   6/22/2012     EUR    74.52
VONTOBEL FIN PRO       11.791   6/22/2012     EUR    57.04
VONTOBEL FIN PRO       11.778   6/22/2012     EUR    43.44
VONTOBEL FIN PRO       11.776   6/22/2012     EUR    66.80
VONTOBEL FIN PRO       11.774   6/22/2012     EUR    42.50
VONTOBEL FIN PRO       11.755   6/22/2012     EUR    71.76
VONTOBEL FIN PRO       11.750   6/22/2012     EUR    40.44
VONTOBEL FIN PRO       11.736   6/22/2012     EUR    32.52
VONTOBEL FIN PRO       11.713   6/22/2012     EUR    66.88
VONTOBEL FIN PRO       11.705   6/22/2012     EUR    38.91
VONTOBEL FIN PRO       11.705   6/22/2012     EUR    74.14
VONTOBEL FIN PRO       11.693   6/22/2012     EUR    38.44
VONTOBEL FIN PRO       11.682   6/22/2012     EUR    73.20
VONTOBEL FIN PRO       11.678   6/22/2012     EUR    71.08
VONTOBEL FIN PRO       11.647   6/22/2012     EUR    68.48
VONTOBEL FIN PRO       11.622   6/22/2012     EUR    53.46
VONTOBEL FIN PRO       11.614   6/22/2012     EUR    46.58
VONTOBEL FIN PRO       11.600   6/22/2012     EUR    52.30
VONTOBEL FIN PRO       11.591   6/22/2012     EUR    59.18
VONTOBEL FIN PRO       11.586   6/22/2012     EUR    48.55
VONTOBEL FIN PRO       11.585   6/22/2012     EUR    61.12
VONTOBEL FIN PRO       11.582   6/22/2012     EUR    52.26
VONTOBEL FIN PRO       11.581   6/22/2012     EUR    44.10
VONTOBEL FIN PRO       11.566   6/22/2012     EUR    41.34
VONTOBEL FIN PRO       11.565   6/22/2012     EUR    74.12
VONTOBEL FIN PRO       11.560   6/22/2012     EUR    36.06
VONTOBEL FIN PRO       11.556   6/22/2012     EUR    71.04
VONTOBEL FIN PRO       11.554   6/22/2012     EUR    64.62
VONTOBEL FIN PRO       11.554   6/22/2012     EUR    57.94
VONTOBEL FIN PRO       11.550   6/22/2012     EUR    69.40
VONTOBEL FIN PRO       11.546   6/22/2012     EUR    68.82
VONTOBEL FIN PRO       11.534   6/22/2012     EUR    54.56
VONTOBEL FIN PRO       11.534   6/22/2012     EUR    66.46
VONTOBEL FIN PRO       11.533   6/22/2012     EUR    63.86
VONTOBEL FIN PRO       11.514   6/22/2012     EUR    62.60
VONTOBEL FIN PRO       11.484   6/22/2012     EUR    51.60
VONTOBEL FIN PRO       11.472   6/22/2012     EUR    72.94
VONTOBEL FIN PRO       11.463   6/22/2012     EUR    70.98
VONTOBEL FIN PRO       11.455   6/22/2012     EUR    43.34
VONTOBEL FIN PRO       11.443   6/22/2012     EUR    59.66
VONTOBEL FIN PRO       11.430   6/22/2012     EUR    64.28
VONTOBEL FIN PRO       11.425   6/22/2012     EUR    57.54
VONTOBEL FIN PRO       11.425   6/22/2012     EUR    43.82
VONTOBEL FIN PRO       11.422   6/22/2012     EUR    43.42
VONTOBEL FIN PRO       11.409   6/22/2012     EUR    55.92
VONTOBEL FIN PRO       11.405   6/22/2012     EUR    67.58
VONTOBEL FIN PRO       11.405   6/22/2012     EUR    63.52
VONTOBEL FIN PRO       11.396   6/22/2012     EUR    45.61
VONTOBEL FIN PRO       11.394   6/22/2012     EUR    68.16
VONTOBEL FIN PRO       10.333   6/22/2012     EUR    61.64
VONTOBEL FIN PRO       10.364   6/22/2012     EUR    61.46
VONTOBEL FIN PRO       11.389   6/22/2012     EUR    60.16
VONTOBEL FIN PRO       11.389   6/22/2012     EUR    58.92
VONTOBEL FIN PRO       11.388   6/22/2012     EUR    69.98
VONTOBEL FIN PRO       11.377   6/22/2012     EUR    39.32
VONTOBEL FIN PRO       11.366   6/22/2012     EUR    47.24
VONTOBEL FIN PRO       11.361   6/22/2012     EUR    44.26
VONTOBEL FIN PRO       11.356   6/22/2012     EUR    56.14
VONTOBEL FIN PRO       11.350   6/22/2012     EUR    65.68
VONTOBEL FIN PRO       10.364   6/22/2012     EUR    61.46
VONTOBEL FIN PRO       10.371   6/22/2012     EUR    50.12
VONTOBEL FIN PRO       11.342   6/22/2012     EUR    68.68
VONTOBEL FIN PRO       11.333   6/22/2012     EUR    67.08
VONTOBEL FIN PRO       11.328   6/22/2012     EUR    59.04
VONTOBEL FIN PRO       11.319   6/22/2012     EUR    36.32
VONTOBEL FIN PRO       11.314   6/22/2012     EUR    69.22
VONTOBEL FIN PRO       11.305   6/22/2012     EUR    65.34
VONTOBEL FIN PRO       11.304   6/22/2012     EUR    46.24
VONTOBEL FIN PRO       11.296   6/22/2012     EUR    55.88
VONTOBEL FIN PRO       11.287   6/22/2012     EUR    58.58
VONTOBEL FIN PRO       11.283   6/22/2012     EUR    37.26
VONTOBEL FIN PRO       11.268   6/22/2012     EUR    74.92
VONTOBEL FIN PRO       11.243   6/22/2012     EUR    70.18
VONTOBEL FIN PRO       11.239   6/22/2012     EUR    68.44
VONTOBEL FIN PRO       10.389   6/22/2012     EUR    66.86
VONTOBEL FIN PRO       11.238   6/22/2012     EUR    40.06
VONTOBEL FIN PRO       11.237   6/22/2012     EUR    67.50
VONTOBEL FIN PRO       11.227   6/22/2012     EUR    66.84
VONTOBEL FIN PRO       11.219   6/22/2012     EUR    55.73
VONTOBEL FIN PRO       11.219   6/22/2012     EUR    53.06
VONTOBEL FIN PRO       11.215   6/22/2012     EUR    74.10
VONTOBEL FIN PRO       11.194   6/22/2012     EUR    68.66
VONTOBEL FIN PRO       11.194   6/22/2012     EUR    61.72
VONTOBEL FIN PRO       11.172   6/22/2012     EUR    73.76
VONTOBEL FIN PRO       11.161   6/22/2012     EUR    72.72
VONTOBEL FIN PRO       11.138   6/22/2012     EUR    64.02
VONTOBEL FIN PRO       11.135   6/22/2012     EUR    64.16
VONTOBEL FIN PRO       11.130   6/22/2012     EUR    65.65
VONTOBEL FIN PRO       11.129   6/22/2012     EUR    63.52
VONTOBEL FIN PRO       11.123   6/22/2012     EUR    67.68
VONTOBEL FIN PRO       11.117   6/22/2012     EUR    59.52
VONTOBEL FIN PRO       11.103   6/22/2012     EUR    59.00
VONTOBEL FIN PRO       11.098   6/22/2012     EUR    59.66
VONTOBEL FIN PRO       11.080   6/22/2012     EUR    56.16
VONTOBEL FIN PRO       11.080   6/22/2012     EUR    70.26
VONTOBEL FIN PRO       11.056   6/22/2012     EUR    63.28
VONTOBEL FIN PRO       11.052   6/22/2012     EUR    37.72
VONTOBEL FIN PRO       11.052   6/22/2012     EUR    74.53
VONTOBEL FIN PRO       11.032   6/22/2012     EUR    70.98
VONTOBEL FIN PRO       11.029   6/22/2012     EUR    57.84
WESTLB AG               0.100   9/27/2012     EUR    56.72
WESTLB AG               0.075   9/27/2012     EUR    68.34
WESTLB AG               5.250   5/21/2012     EUR    57.66
WESTLB AG              12.000   9/27/2012     EUR    74.92
WESTLB AG               7.000   6/21/2012     EUR    58.08
WESTLB AG               7.000   6/21/2012     EUR    70.38
WESTLB AG               7.000   6/21/2012     EUR    71.23
WESTLB AG               7.000   6/21/2012     EUR    70.08
WESTLB AG               6.000   6/21/2012     EUR    61.20
WESTLB AG               8.500   6/21/2012     EUR    47.27
WESTLB AG               6.000   6/21/2012     EUR    57.86
WESTLB AG               8.500   6/21/2012     EUR    50.38
WESTLB AG               0.100   9/27/2012     EUR    47.61
WESTLB AG               5.000   4/12/2016     EUR    29.01
WESTLB AG               6.750   7/30/2012     EUR    56.21
WESTLB AG               8.500   6/21/2012     EUR    65.96
WESTLB AG               6.500   6/18/2012     EUR    70.62
WESTLB AG               0.100   9/27/2012     EUR    66.51
WESTLB AG               0.075   9/27/2012     EUR    68.03
WESTLB AG               0.075   9/27/2012     EUR    56.02
WESTLB AG               0.075   9/27/2012     EUR    73.66
WESTLB AG               0.075   9/27/2012     EUR    63.46
WGZ BANK                8.000   6/21/2012     EUR    57.06
WGZ BANK                5.000  12/20/2012     EUR    73.25
WGZ BANK                6.000  12/20/2012     EUR    68.71
WGZ BANK                7.000  12/20/2012     EUR    64.78
WGZ BANK                8.000   6/13/2012     EUR    32.08
WGZ BANK                4.000   6/13/2012     EUR    41.08
WGZ BANK                8.000  12/20/2012     EUR    63.31
WGZ BANK                6.000  12/21/2012     EUR    74.44
WGZ BANK                7.000  12/21/2012     EUR    69.89
WGZ BANK                8.000  12/21/2012     EUR    68.13
WGZ BANK                4.000  12/28/2012     EUR    69.50
WGZ BANK                5.000  12/28/2012     EUR    64.94
WGZ BANK                6.000  12/28/2012     EUR    60.98
WGZ BANK                7.000  12/28/2012     EUR    57.60
WGZ BANK                8.000  12/28/2012     EUR    54.69
WGZ BANK                7.000   6/13/2012     EUR    33.51
WGZ BANK                6.000   6/13/2012     EUR    35.09
WGZ BANK                7.000   6/15/2012     EUR    74.41
WGZ BANK                8.000   6/15/2012     EUR    71.41
WGZ BANK                4.000   6/21/2012     EUR    66.72
WGZ BANK                5.000   6/21/2012     EUR    63.98
WGZ BANK                6.000   6/21/2012     EUR    61.48
WGZ BANK                7.000   6/21/2012     EUR    59.18
WGZ BANK                5.000   6/13/2012     EUR    36.85

GREECE
------
EFG EUROBANK            6.010    1/9/2036     EUR    34.25
HELLENIC REPUB          4.625   6/25/2013     EUR    30.50
HELLENIC REPUB          4.625   6/25/2013     USD    30.75
HELLENIC REPUB          2.125    7/5/2013     CHF    28.75
HELLENIC REPUB          5.800   7/14/2015     JPY    30.50
HELLENIC REPUB          5.800   7/14/2015     JPY    28.88
HELLENIC REPUB          5.250    2/1/2016     JPY    29.50
HELLENIC REPUB          5.250    2/1/2016     JPY    30.50
HELLENIC REPUB          5.000   8/22/2016     JPY    31.50
HELLENIC REPUB          5.000   8/22/2016     JPY    30.50
HELLENIC REPUB          4.500   11/8/2016     JPY    30.50
HELLENIC REPUB          4.500    7/3/2017     JPY    29.88
HELLENIC REPUB          3.800    8/8/2017     JPY    29.50
HELLENIC REPUB          5.000   3/11/2019     EUR    30.13
HELLENIC REPUB          5.000   3/11/2019     EUR    30.50
HELLENIC REPUB          6.140   4/14/2028     EUR    28.00
HELLENIC REPUB          5.200   7/17/2034     EUR    26.88
HELLENIC REPUB          2.085   7/25/2057     EUR     7.63
NATL BK GREECE          3.875   10/7/2016     EUR    70.00
YIOULA GLASSWORK        9.000   12/1/2015     EUR    42.83
YIOULA GLASSWORK        9.000   12/1/2015     EUR    42.00

GUERNSEY
--------
BCV GUERNSEY            8.020    3/1/2013     EUR    51.95
BCV GUERNSEY            7.850   5/18/2012     CHF    65.72
BCV GUERNSEY           10.000   5/18/2012     CHF    54.57
BCV GUERNSEY           13.000   5/18/2012     CHF    59.11
BCV GUERNSEY           10.100   5/23/2012     EUR    70.99
BCV GUERNSEY            9.030   7/13/2012     EUR    62.03
BCV GUERNSEY            9.200   5/31/2012     CHF    72.12
BCV GUERNSEY            9.100   5/25/2012     CHF    58.79
BCV GUERNSEY            8.500   5/25/2012     EUR    52.42
BCV GUERNSEY           14.000   5/22/2012     USD    69.55
BCV GUERNSEY           10.530   6/29/2012     CHF    68.64
BKB FINANCE             6.250   5/23/2012     CHF    67.92
BKB FINANCE             6.250   7/12/2012     CHF    69.57
BKB FINANCE             7.750   5/31/2012     CHF    56.89
BKB FINANCE             9.300   5/31/2012     CHF    67.79
BKB FINANCE             8.350   1/14/2013     CHF    50.37
BKB FINANCE             7.750    6/7/2012     CHF    40.04
BKB FINANCE             6.520    7/6/2012     EUR    70.40
BKB FINANCE             8.300    6/7/2012     CHF    62.64
BKB FINANCE             6.300   7/12/2012     CHF    57.28
BKB FINANCE             9.050    8/9/2012     CHF    57.74
BKB FINANCE             8.900   9/27/2012     CHF    63.32
BKB FINANCE             6.850   6/14/2012     CHF    69.56
BKB FINANCE             9.200   6/21/2012     CHF    57.88
BKB FINANCE             7.400   6/28/2012     CHF    55.70
BKB FINANCE             6.850   5/31/2012     CHF    67.50
EFG FINANCIAL PR        9.000  11/13/2012     CHF    74.06
EFG FINANCIAL PR        6.000  11/12/2015     EUR    73.67
EFG FINANCIAL PR        5.850  10/14/2014     CHF    63.82
EFG FINANCIAL PR        8.160   4/25/2014     EUR    62.32
EFG FINANCIAL PR       19.000   10/3/2013     GBP    72.08
EFG FINANCIAL PR        8.400   9/30/2013     CHF    56.67
EFG FINANCIAL PR        6.500   8/27/2013     CHF    47.83
EFG FINANCIAL PR       12.000   4/26/2013     CHF    64.51
EFG FINANCIAL PR        7.000   4/19/2013     EUR    56.83
EFG FINANCIAL PR       15.370    4/2/2013     USD    72.25
EFG FINANCIAL PR       11.750   3/26/2013     EUR    70.98
EFG FINANCIAL PR       10.750   3/19/2013     USD    69.81
EFG FINANCIAL PR        7.500   3/18/2013     CHF    72.37
EFG FINANCIAL PR        6.750   3/11/2013     EUR    62.69
EFG FINANCIAL PR       10.000    3/6/2013     USD    69.49
EFG FINANCIAL PR       14.000   2/19/2013     CHF    17.60
EFG FINANCIAL PR        5.800   1/23/2013     CHF    68.41
EFG FINANCIAL PR       13.000   1/15/2013     CHF    71.20
EFG FINANCIAL PR       12.500   1/15/2013     CHF    53.33
EFG FINANCIAL PR       11.250   1/15/2013     GBP    68.95
EFG FINANCIAL PR       10.250   1/15/2013     CHF    21.49
EFG FINANCIAL PR        9.000   1/15/2013     CHF    50.09
EFG FINANCIAL PR        8.830  12/28/2012     USD    53.23
EFG FINANCIAL PR       12.000  12/27/2012     CHF    12.08
EFG FINANCIAL PR       12.600  12/21/2012     CHF    61.14
EFG FINANCIAL PR       10.900  12/21/2012     CHF    60.20
EFG FINANCIAL PR       10.300  12/21/2012     CHF    74.78
EFG FINANCIAL PR        9.400  12/21/2012     CHF    73.51
EFG FINANCIAL PR        9.300  12/21/2012     CHF    58.98
EFG FINANCIAL PR        7.000  12/19/2012     USD    71.87
EFG FINANCIAL PR        7.000  12/19/2012     CHF    72.32
EFG FINANCIAL PR        7.000  12/19/2012     EUR    72.51
EFG FINANCIAL PR       17.500  12/14/2012     EUR    45.84
EFG FINANCIAL PR       14.250  12/14/2012     GBP    74.76
EFG FINANCIAL PR       14.250  12/14/2012     EUR    69.79
EFG FINANCIAL PR       12.750  12/14/2012     CHF    73.74
EFG FINANCIAL PR       10.250  12/14/2012     CHF    72.11
EFG FINANCIAL PR        8.500  12/14/2012     CHF    65.64
EFG FINANCIAL PR        9.750   12/3/2012     CHF    73.00
EFG FINANCIAL PR       16.000  11/27/2012     EUR    43.39
EFG FINANCIAL PR       14.500  11/27/2012     CHF    73.25
EFG FINANCIAL PR       14.500  11/27/2012     CHF    36.61
EFG FINANCIAL PR       13.250  11/27/2012     CHF    74.40
EFG FINANCIAL PR       11.250  11/27/2012     CHF    61.46
EFG FINANCIAL PR       10.500  11/27/2012     CHF    74.99
EFG FINANCIAL PR        9.250  11/27/2012     CHF    67.54
EFG FINANCIAL PR       14.800  11/20/2012     EUR    44.71
EFG FINANCIAL PR       11.500  11/20/2012     EUR    51.14
EFG FINANCIAL PR        9.400  11/20/2012     EUR    69.23
EFG FINANCIAL PR        9.300  11/20/2012     CHF    70.20
EFG FINANCIAL PR        8.400  11/20/2012     CHF    69.16
EFG FINANCIAL PR        8.300  11/20/2012     CHF    63.91
EFG FINANCIAL PR        8.000  11/20/2012     CHF    53.15
EFG FINANCIAL PR        8.000  11/20/2012     CHF    70.90
EFG FINANCIAL PR        7.000  11/20/2012     CHF    67.09
EFG FINANCIAL PR       12.830  11/19/2012     CHF    63.54
EFG FINANCIAL PR       11.600  11/19/2012     CHF    69.17
EFG FINANCIAL PR       17.000  11/13/2012     EUR    42.24
EFG FINANCIAL PR       14.750  11/13/2012     CHF    65.63
EFG FINANCIAL PR       14.500  11/13/2012     EUR    52.57
EFG FINANCIAL PR       14.000  11/13/2012     USD    17.85
EFG FINANCIAL PR       13.000  11/13/2012     CHF    66.02
EFG FINANCIAL PR       13.000  11/13/2012     CHF    17.67
EFG FINANCIAL PR       12.750  11/13/2012     CHF    16.55
EFG FINANCIAL PR       12.750  11/13/2012     CHF    63.32
EFG FINANCIAL PR       12.500  11/13/2012     EUR    65.22
EFG FINANCIAL PR       12.250  11/13/2012     CHF    71.89
EFG FINANCIAL PR       12.000  11/13/2012     CHF    69.43
EFG FINANCIAL PR       11.000  11/13/2012     CHF    74.19
EFG FINANCIAL PR       10.750  11/13/2012     CHF    73.60
EFG FINANCIAL PR       10.500  11/13/2012     CHF    54.60
EFG FINANCIAL PR       10.500  11/13/2012     CHF    54.41
EFG FINANCIAL PR        6.000  11/12/2012     CHF    49.49
EFG FINANCIAL PR        6.000  11/12/2012     EUR    51.18
EFG FINANCIAL PR       11.050   11/8/2012     USD    52.16
EFG FINANCIAL PR       13.080   11/5/2012     CHF    67.25
EFG FINANCIAL PR        9.330  10/29/2012     USD    51.70
EFG FINANCIAL PR       21.000  10/26/2012     USD    19.74
EFG FINANCIAL PR       20.500  10/26/2012     EUR    19.92
EFG FINANCIAL PR       20.000  10/26/2012     CHF    19.34
EFG FINANCIAL PR       17.000  10/26/2012     EUR    34.84
EFG FINANCIAL PR       16.750  10/26/2012     CHF    30.18
EFG FINANCIAL PR       15.000  10/26/2012     CHF    67.92
EFG FINANCIAL PR       13.250  10/26/2012     CHF    53.97
EFG FINANCIAL PR       13.250  10/26/2012     EUR    59.53
EFG FINANCIAL PR       12.000  10/26/2012     CHF    59.00
EFG FINANCIAL PR       11.250  10/26/2012     CHF    53.18
EFG FINANCIAL PR       11.000  10/26/2012     USD    71.58
EFG FINANCIAL PR       10.500  10/26/2012     CHF    71.65
EFG FINANCIAL PR        6.250  10/25/2012     CHF    67.07
EFG FINANCIAL PR       13.750  10/24/2012     USD    58.46
EFG FINANCIAL PR       12.000  10/19/2012     USD    45.84
EFG FINANCIAL PR       17.250  10/12/2012     CHF    71.81
EFG FINANCIAL PR       16.250  10/12/2012     CHF    74.87
EFG FINANCIAL PR       14.500  10/12/2012     CHF    74.63
EFG FINANCIAL PR       20.000  10/11/2012     CHF    18.18
EFG FINANCIAL PR       18.000  10/11/2012     EUR    50.47
EFG FINANCIAL PR       12.500  10/11/2012     GBP    63.79
EFG FINANCIAL PR       12.500  10/11/2012     CHF    52.87
EFG FINANCIAL PR       12.250  10/11/2012     EUR    64.03
EFG FINANCIAL PR       12.250  10/11/2012     EUR    72.03
EFG FINANCIAL PR       12.000  10/11/2012     USD    63.82
EFG FINANCIAL PR       11.500  10/11/2012     CHF    63.76
EFG FINANCIAL PR        9.750  10/11/2012     CHF    70.69
EFG FINANCIAL PR       10.620   10/3/2012     USD    27.34
EFG FINANCIAL PR        9.930   10/3/2012     EUR    27.28
EFG FINANCIAL PR       10.000   10/2/2012     EUR    73.44
EFG FINANCIAL PR       10.000   10/1/2012     CHF    52.91
EFG FINANCIAL PR        8.500   10/1/2012     CHF    74.01
EFG FINANCIAL PR       12.000   9/25/2012     EUR    66.19
EFG FINANCIAL PR       11.750   9/25/2012     EUR    74.92
EFG FINANCIAL PR       11.250   9/25/2012     CHF    74.61
EFG FINANCIAL PR       11.250   9/25/2012     EUR    69.54
EFG FINANCIAL PR       11.250   9/25/2012     CHF    52.08
EFG FINANCIAL PR       11.000   9/25/2012     USD    69.03
EFG FINANCIAL PR       10.750   9/25/2012     CHF    53.91
EFG FINANCIAL PR       10.250   9/25/2012     CHF    69.09
EFG FINANCIAL PR       10.000   9/21/2012     USD    47.56
EFG FINANCIAL PR        9.350   9/18/2012     EUR    74.73
EFG FINANCIAL PR        8.650   9/18/2012     EUR    74.65
EFG FINANCIAL PR        8.210   9/18/2012     EUR    74.38
EFG FINANCIAL PR       11.450   9/17/2012     CHF    73.42
EFG FINANCIAL PR       11.000   9/17/2012     USD    66.66
EFG FINANCIAL PR       11.000   9/10/2012     EUR    70.62
EFG FINANCIAL PR       11.000   9/10/2012     EUR    70.46
EFG FINANCIAL PR       10.000   9/10/2012     EUR    65.44
EFG FINANCIAL PR        9.800   9/10/2012     AUD    71.22
EFG FINANCIAL PR        9.000   9/10/2012     CHF    48.21
EFG FINANCIAL PR        8.250   9/10/2012     EUR    74.78
EFG FINANCIAL PR        7.500   9/10/2012     CHF    71.05
EFG FINANCIAL PR        8.500    9/7/2012     USD    38.48
EFG FINANCIAL PR        7.250    9/7/2012     EUR    65.34
EFG FINANCIAL PR        7.000    9/7/2012     EUR    50.80
EFG FINANCIAL PR        7.000    9/7/2012     CHF    45.25
EFG FINANCIAL PR        9.600    9/4/2012     USD    53.91
EFG FINANCIAL PR        9.500    9/4/2012     USD    34.92
EFG FINANCIAL PR       12.250    9/3/2012     CHF    66.97
EFG FINANCIAL PR       12.200    9/3/2012     CHF    68.03
EFG FINANCIAL PR       12.000    9/3/2012     EUR    65.05
EFG FINANCIAL PR       10.500    9/3/2012     CHF    47.90
EFG FINANCIAL PR       10.260   8/31/2012     EUR    65.58
EFG FINANCIAL PR       14.750   8/30/2012     EUR    71.86
EFG FINANCIAL PR       12.250   8/30/2012     USD    72.41
EFG FINANCIAL PR       10.000   8/30/2012     EUR    65.54
EFG FINANCIAL PR       22.000   8/24/2012     USD    18.95
EFG FINANCIAL PR       14.000   8/24/2012     CHF    25.10
EFG FINANCIAL PR       13.000   8/24/2012     EUR    66.51
EFG FINANCIAL PR       12.500   8/24/2012     CHF    66.66
EFG FINANCIAL PR       12.250   8/24/2012     EUR    63.80
EFG FINANCIAL PR       11.750   8/24/2012     CHF    53.93
EFG FINANCIAL PR       11.500   8/24/2012     CHF    46.92
EFG FINANCIAL PR       10.250   8/24/2012     CHF    69.70
EFG FINANCIAL PR        9.000   8/24/2012     CHF    71.11
EFG FINANCIAL PR       11.800   8/17/2012     CHF    50.07
EFG FINANCIAL PR       11.600   8/17/2012     EUR    56.10
EFG FINANCIAL PR       19.600   8/16/2012     EUR    61.66
EFG FINANCIAL PR       12.000   8/16/2012     EUR    24.52
EFG FINANCIAL PR       15.000   8/14/2012     EUR    67.71
EFG FINANCIAL PR       14.000   8/14/2012     EUR    66.68
EFG FINANCIAL PR       13.750   8/14/2012     EUR    67.24
EFG FINANCIAL PR       13.250   8/14/2012     GBP    66.59
EFG FINANCIAL PR       13.000   8/14/2012     EUR    66.47
EFG FINANCIAL PR       12.750   8/14/2012     CHF    48.40
EFG FINANCIAL PR       12.500   8/14/2012     CHF    66.13
EFG FINANCIAL PR       11.000   8/14/2012     CHF    53.90
EFG FINANCIAL PR       10.000   8/14/2012     CHF    72.21
EFG FINANCIAL PR        8.500   8/14/2012     CHF    65.37
EFG FINANCIAL PR        3.850   8/13/2012     EUR    42.59
EFG FINANCIAL PR       12.800   8/10/2012     CHF    58.01
EFG FINANCIAL PR       12.500   8/10/2012     EUR    73.12
EFG FINANCIAL PR       11.700   8/10/2012     USD    25.56
EFG FINANCIAL PR       10.000   8/10/2012     CHF    66.70
EFG FINANCIAL PR       19.000    8/8/2012     USD    39.92
EFG FINANCIAL PR       12.000    8/7/2012     CHF    73.15
EFG FINANCIAL PR       11.000    8/7/2012     CHF    33.91
EFG FINANCIAL PR       11.000    8/7/2012     CHF    70.68
EFG FINANCIAL PR       10.250    8/7/2012     CHF    67.73
EFG FINANCIAL PR       10.000    8/7/2012     CHF    47.97
EFG FINANCIAL PR        7.250    8/7/2012     CHF    70.75
EFG FINANCIAL PR        9.000    8/3/2012     CHF     9.61
EFG FINANCIAL PR        9.000    8/3/2012     CHF    57.76
EFG FINANCIAL PR        9.000    8/3/2012     CHF    74.13
EFG FINANCIAL PR        9.000    8/3/2012     CHF    71.10
EFG FINANCIAL PR        9.000    8/3/2012     CHF    53.61
EFG FINANCIAL PR        8.000    8/3/2012     EUR    71.39
EFG FINANCIAL PR       15.500   7/31/2012     GBP    70.06
EFG FINANCIAL PR       15.000   7/31/2012     CHF    69.71
EFG FINANCIAL PR       11.750   7/31/2012     CHF    48.31
EFG FINANCIAL PR       11.750   7/31/2012     CHF    48.11
EFG FINANCIAL PR       11.500   7/31/2012     EUR    52.31
EFG FINANCIAL PR       10.000   7/31/2012     CHF    72.43
EFG FINANCIAL PR       10.000   7/31/2012     CHF    47.75
EFG FINANCIAL PR        9.500   7/31/2012     CHF    72.24
EFG FINANCIAL PR       12.000   7/25/2012     GBP    63.77
EFG FINANCIAL PR       11.750   7/25/2012     EUR    67.59
EFG FINANCIAL PR       11.300   7/25/2012     CHF    62.99
EFG FINANCIAL PR       11.000   7/25/2012     CHF    13.37
EFG FINANCIAL PR       11.000   7/25/2012     CHF    63.50
EFG FINANCIAL PR       11.000   7/25/2012     EUR    70.95
EFG FINANCIAL PR       10.250   7/25/2012     CHF    45.36
EFG FINANCIAL PR       10.000   7/25/2012     CHF    62.03
EFG FINANCIAL PR        8.500   7/25/2012     CHF    71.81
EFG FINANCIAL PR        9.770   7/23/2012     EUR    62.47
EFG FINANCIAL PR       10.830   7/20/2012     CHF    73.60
EFG FINANCIAL PR        6.000   7/13/2012     EUR    69.54
EFG FINANCIAL PR       12.750   7/12/2012     EUR    65.42
EFG FINANCIAL PR        9.300    7/6/2012     CHF    59.13
EFG FINANCIAL PR       19.570    7/5/2012     EUR    64.39
EFG FINANCIAL PR       10.500    7/5/2012     CHF    45.37
EFG FINANCIAL PR        8.250    7/5/2012     CHF    66.56
EFG FINANCIAL PR       13.250    7/4/2012     EUR    69.65
EFG FINANCIAL PR       12.500    7/4/2012     USD    69.61
EFG FINANCIAL PR       12.100    7/4/2012     CHF    69.69
EFG FINANCIAL PR       11.500    7/4/2012     EUR    69.03
EFG FINANCIAL PR        8.250    7/4/2012     EUR    67.42
EFG FINANCIAL PR        6.600    7/4/2012     CHF    67.14
EFG FINANCIAL PR       13.200   6/28/2012     EUR    63.01
EFG FINANCIAL PR       12.000   6/28/2012     USD    66.62
EFG FINANCIAL PR       11.300   6/28/2012     EUR    54.99
EFG FINANCIAL PR        8.200   6/28/2012     GBP    73.37
EFG FINANCIAL PR        8.100   6/28/2012     USD    72.98
EFG FINANCIAL PR       16.500   6/27/2012     GBP    55.30
EFG FINANCIAL PR        6.750   6/27/2012     EUR    63.67
EFG FINANCIAL PR       16.020   6/26/2012     CHF    74.87
EFG FINANCIAL PR       10.000   6/22/2012     CHF    43.82
EFG FINANCIAL PR        7.000   6/21/2012     CHF    52.54
EFG FINANCIAL PR        9.650   6/20/2012     USD    40.76
EFG FINANCIAL PR       13.110   6/18/2012     USD    48.79
EFG FINANCIAL PR       12.250   6/15/2012     EUR     8.00
EFG FINANCIAL PR       11.500   6/15/2012     EUR    62.42
EFG FINANCIAL PR        8.800   6/15/2012     CHF    70.92
EFG FINANCIAL PR        5.200   6/14/2012     CHF    51.39
EFG FINANCIAL PR       12.250    6/8/2012     EUR    49.77
EFG FINANCIAL PR       10.000    6/8/2012     CHF    28.91
EFG FINANCIAL PR       12.750    6/6/2012     EUR    58.37
EFG FINANCIAL PR       12.750    6/6/2012     CHF    55.08
EFG FINANCIAL PR       10.000    6/6/2012     CHF    66.25
EFG FINANCIAL PR        8.000    6/6/2012     CHF    66.12
EFG FINANCIAL PR        8.320    6/5/2012     CHF    73.31
EFG FINANCIAL PR       16.000   5/31/2012     GBP    69.19
EFG FINANCIAL PR        6.000   5/31/2012     USD    70.01
EFG FINANCIAL PR       12.500   5/30/2012     EUR    52.67
EFG FINANCIAL PR       10.000   5/30/2012     EUR    63.04
EFG FINANCIAL PR       10.000   5/30/2012     CHF    56.37
EFG FINANCIAL PR        8.400   5/30/2012     EUR    68.96
EFG FINANCIAL PR       10.910   5/29/2012     EUR    36.87
EFG FINANCIAL PR       12.840   5/25/2012     EUR    70.07
EFG FINANCIAL PR       11.200   5/25/2012     CHF    60.63
EFG FINANCIAL PR       10.650   5/25/2012     EUR    67.90
EFG FINANCIAL PR       10.570   5/25/2012     EUR    53.30
EFG FINANCIAL PR       10.440   5/25/2012     EUR    73.40
EFG FINANCIAL PR        9.430   5/25/2012     EUR    70.36
EFG FINANCIAL PR        7.440   5/25/2012     EUR    51.16
EFG FINANCIAL PR        6.100   5/25/2012     EUR    67.56
EFG FINANCIAL PR        9.000   5/24/2012     CHF    66.64
EFG FINANCIAL PR        8.000   5/24/2012     USD    39.20
EFG FINANCIAL PR       14.000   5/22/2012     EUR    65.94
EFG FINANCIAL PR       12.750   5/22/2012     EUR    64.71
EFG FINANCIAL PR       11.250   5/22/2012     CHF    49.89
EFG FINANCIAL PR       10.750   5/22/2012     CHF    64.36
EFG FINANCIAL PR       12.960   5/21/2012     EUR    15.81
EFG FINANCIAL PR       12.500   5/18/2012     EUR    71.69
EFG FINANCIAL PR       10.830   5/18/2012     CHF     0.96
MARE BALTIC PCC         2.000   11/1/2015     DKK     0.01
MARE BALTIC PCC         3.000  11/17/2014     DKK     1.00
MARE BALTIC PCC         2.000   11/1/2015     DKK     0.01
MARE BALTIC PCC         3.000  11/17/2014     DKK    20.00
SARASIN CI LTD         10.250   5/25/2012     EUR    71.60
SARASIN CI LTD          6.000    6/9/2014     EUR    59.06
ZURCHER KANT FIN        8.000   6/15/2012     CHF    59.09
ZURCHER KANT FIN        6.769   5/23/2012     CHF    74.43
ZURCHER KANT FIN        9.050   6/29/2012     CHF    67.14
ZURCHER KANT FIN        7.721   6/22/2012     CHF    62.36
ZURCHER KANT FIN        9.000   6/18/2012     CHF    50.16
ZURCHER KANT FIN       13.575   6/15/2012     CHF    70.53
ZURCHER KANT FIN       11.263   6/15/2012     CHF    65.25
ZURCHER KANT FIN        9.700   6/15/2012     EUR    68.61
ZURCHER KANT FIN        8.548    7/6/2012     EUR    68.30
ZURCHER KANT FIN        7.844   5/18/2012     CHF    58.69
ZURCHER KANT FIN        8.000   7/13/2012     CHF    65.05
ZURCHER KANT FIN       11.000   7/13/2012     CHF    66.37
ZURCHER KANT FIN       12.067   7/13/2012     CHF    70.23
ZURCHER KANT FIN       10.250   7/19/2012     CHF    67.10
ZURCHER KANT FIN        9.250   11/9/2012     CHF    55.05
ZURCHER KANT FIN        7.340   4/16/2013     CHF    56.30

HUNGARY
-------
FHB MORTGAGE BAN        4.500   3/22/2022     EUR    62.38

IRELAND
-------
AIB MORTGAGE BNK        5.000    3/1/2030     EUR    55.79
AIB MORTGAGE BNK        5.000   2/12/2030     EUR    55.81
AIB MORTGAGE BNK        5.580   4/28/2028     EUR    61.83
BANK OF IRELAND         5.600   9/18/2023     EUR    57.13
BANK OF IRELAND         4.473  11/30/2016     EUR    73.75
BK IRELAND MTGE         5.760    9/7/2029     EUR    66.65
BK IRELAND MTGE         5.400   11/6/2029     EUR    63.51
BK IRELAND MTGE         5.360  10/12/2029     EUR    63.23
BK IRELAND MTGE         5.450    3/1/2030     EUR    63.59
DEPFA ACS BANK          5.125   3/16/2037     USD    70.43
DEPFA ACS BANK          0.500    3/3/2025     CAD    45.21
DEPFA ACS BANK          4.900   8/24/2035     CAD    73.50
DEPFA ACS BANK          3.250   7/31/2031     CHF    68.63
DEPFA ACS BANK          5.125   3/16/2037     USD    70.88
FIRST ACTIVE PLC        6.375    4/4/2018     GBP    74.60
KALVEBOD PLC            2.000    5/1/2106     DKK    35.00

ITALY
-----
BANCA MARCHE            4.000   5/26/2021     EUR    74.50
BANCA MARCHE            3.700    9/1/2020     EUR    74.75
BANCA POP MILANO        4.500   4/18/2018     EUR    74.88
BANCA POP VICENT        4.970   4/20/2027     EUR    65.95
BP CIVIDALE             3.180   5/19/2020     EUR    69.88
BTPS I/L                2.550   9/15/2041     EUR    69.32
BTPS I/L                2.350   9/15/2035     EUR    69.19
ICCREA BANCAIMPR        5.220   4/11/2017     EUR    58.00
INTESA SANPAOLO         2.882   4/20/2020     EUR    74.00
INTESA SANPAOLO         3.750    3/2/2020     EUR    74.81
MONTE DEI PASCHI        5.750   9/30/2016     GBP    76.12
REP OF ITALY            2.870   5/19/2036     JPY    54.09
REP OF ITALY            5.250   12/7/2034     GBP    75.93
REP OF ITALY            1.850   9/15/2057     EUR    49.72
REP OF ITALY            2.200   9/15/2058     EUR    56.23
REP OF ITALY            4.850   6/11/2060     EUR    73.05
REP OF ITALY            2.000   9/15/2062     EUR    51.16
SANPAOLO IMI            5.625   3/18/2024     GBP    76.21
SEAT PAGINE            10.500   1/31/2017     EUR    64.17
SEAT PAGINE            10.500   1/31/2017     EUR    65.00
TELECOM ITALIA          5.250   3/17/2055     EUR    69.97
UBI BANCA SPCA          6.250  11/18/2018     EUR    51.44
UNICREDIT SPA           5.050   4/25/2022     EUR    73.10
UNIPOL ASSICURAZ        5.660   7/28/2023     EUR    64.00

LUXEMBOURG
----------
ARCELORMITTAL           7.250    4/1/2014     EUR    21.95
CONTROLINVESTE          3.000   1/28/2015     EUR    73.98
DEXIA BQ INT LUX        6.000    7/2/2018     EUR    74.59
ESFG INTERNATION        6.875  10/21/2019     EUR    67.00
ESPIRITO SANTO F        9.750  12/19/2025     EUR    65.52
FORTIS LUX FINAN        6.500  10/22/2012     EUR    73.00
HELLAS III              8.500  10/15/2013     EUR     0.25
HELLAS III              8.500  10/15/2013     EUR     0.25
LIGHTHOUSE INTL         8.000   4/30/2014     EUR    11.63
LIGHTHOUSE INTL         8.000   4/30/2014     EUR    11.63
ORCO PROPERTY GR        1.000   4/30/2020     EUR    43.75
VIVALDIS                0.500    8/8/2028     EUR    60.47
VIVALDIS                0.500   6/13/2028     EUR    56.50
VIVALDIS                0.500   6/13/2013     EUR    56.50

NETHERLANDS
-----------
APP INTL FINANCE       11.750   10/1/2005     USD     8.75
ASTANA FINANCE          9.000  11/16/2011     USD     3.00
ASTANA FINANCE          7.875    6/8/2010     EUR     2.83
ASTANA FINANCE         14.500    7/2/2013     USD     3.00
BK NED GEMEENTEN        0.500   9/15/2016     TRY    74.03
BK NED GEMEENTEN        0.500   6/22/2016     TRY    74.95
BK NED GEMEENTEN        0.500   6/22/2021     ZAR    50.97
BK NED GEMEENTEN        0.500   5/10/2017     TRY    72.40
BK NED GEMEENTEN        0.500   5/12/2021     ZAR    51.47
BK NED GEMEENTEN        0.500   3/29/2021     NZD    68.99
BK NED GEMEENTEN        0.500   5/22/2017     ZAR    74.28
BK NED GEMEENTEN        0.500    3/3/2021     NZD    69.25
BK NED GEMEENTEN        0.500   6/12/2017     TRY    73.18
BK NED GEMEENTEN        0.500   2/24/2025     CAD    65.75
BK NED GEMEENTEN        0.500    6/7/2022     ZAR    50.10
BLT FINANCE BV          7.500   5/15/2014     USD    17.88
BLT FINANCE BV          7.500   5/15/2014     USD    23.00
BLT FINANCE BV         12.000   2/10/2015     USD    24.13
BRIT INSURANCE          6.625   12/9/2030     GBP    57.86
BULGARIA STEEL         12.000    5/4/2013     EUR     5.88
BULGARIA STEEL         12.000    5/4/2013     EUR     5.88
ENEL FIN INTL NV        5.750   9/14/2040     GBP    75.53
GREENWICH AVENUE       10.000   6/30/2013     USD     0.63
ING BANK NV             4.200  12/19/2035     EUR    66.60
LEHMAN BROS TR B        3.500   9/29/2017     EUR     5.25
LEHMAN BROS TSY         2.500   8/15/2012     CHF     5.25
LEHMAN BROS TSY        13.000   7/25/2012     EUR    16.00
LEHMAN BROS TSY         4.000   7/20/2012     EUR     5.25
LEHMAN BROS TSY         9.250   6/20/2012     USD     5.25
LEHMAN BROS TSY         4.300    6/4/2012     USD    16.00
LEHMAN BROS TSY         6.600   5/23/2012     AUD    16.00
LEHMAN BROS TSY         1.000    5/9/2012     EUR     5.25
LEHMAN BROS TSY         6.750    4/5/2012     EUR     5.25
LEHMAN BROS TSY         0.750   3/29/2012     EUR     5.25
LEHMAN BROS TSY         8.000   3/19/2012     USD     5.25
LEHMAN BROS TSY         3.630    3/2/2012     EUR    16.00
LEHMAN BROS TSY         6.600   2/22/2012     EUR    16.00
LEHMAN BROS TSY         1.460   2/19/2012     JPY    16.00
LEHMAN BROS TSY         7.000   2/15/2012     EUR    16.00
LEHMAN BROS TSY         6.000   2/14/2012     EUR    16.00
LEHMAN BROS TSY         1.500    2/8/2012     CHF     5.25
LEHMAN BROS TSY        10.000    1/3/2012     BRL     5.25
LEHMAN BROS TSY         7.750    1/3/2012     AUD    16.00
LEHMAN BROS TSY        11.000  12/19/2011     USD     5.25
LEHMAN BROS TSY         2.500  12/15/2011     GBP    16.00
LEHMAN BROS TSY         5.000   12/6/2011     EUR     5.25
LEHMAN BROS TSY         4.600   11/9/2011     EUR     5.25
LEHMAN BROS TSY         2.500   11/9/2011     CHF     5.25
LEHMAN BROS TSY         3.500  10/31/2011     USD     5.25
LEHMAN BROS TSY         1.500  10/25/2011     EUR     5.25
LEHMAN BROS TSY         3.500  10/24/2011     USD     5.25
LEHMAN BROS TSY         3.860   9/21/2011     SGD    16.00
LEHMAN BROS TSY         7.000   9/20/2011     USD     5.25
LEHMAN BROS TSY         6.000   9/20/2011     EUR     5.25
LEHMAN BROS TSY         6.250    9/5/2011     EUR     5.25
LEHMAN BROS TSY         5.000    9/1/2011     EUR     5.25
LEHMAN BROS TSY         6.650   8/24/2011     AUD    16.00
LEHMAN BROS TSY         3.000   8/13/2011     EUR     5.25
LEHMAN BROS TSY         4.000   7/27/2011     EUR     5.25
LEHMAN BROS TSY         7.625   7/22/2011     HKD    16.00
LEHMAN BROS TSY        12.000    7/4/2011     EUR    16.00
LEHMAN BROS TSY        11.000    7/4/2011     CHF    16.00
LEHMAN BROS TSY        11.000    7/4/2011     USD    16.00
LEHMAN BROS TSY         2.000   6/28/2011     EUR     5.25
LEHMAN BROS TSY         6.000   6/21/2011     EUR     5.25
LEHMAN BROS TSY         2.000   6/21/2011     EUR     5.25
LEHMAN BROS TSY         3.500   6/20/2011     EUR     5.25
LEHMAN BROS TSY         2.400   6/20/2011     JPY     5.25
LEHMAN BROS TSY         4.000    6/5/2011     USD    16.00
LEHMAN BROS TSY         5.000   5/12/2011     CHF     5.25
LEHMAN BROS TSY         6.700   4/21/2011     USD     5.25
LEHMAN BROS TSY         4.000   4/13/2011     CHF     5.25
LEHMAN BROS TSY        15.000   3/30/2011     EUR     5.25
LEHMAN BROS TSY         6.000   3/17/2011     EUR     5.25
LEHMAN BROS TSY         6.000   3/14/2011     EUR     5.25
LEHMAN BROS TSY         4.000   3/10/2011     EUR     5.25
LEHMAN BROS TSY         8.875   1/28/2011     HKD    16.00
LEHMAN BROS TSY         4.000    1/4/2011     USD    16.00
LEHMAN BROS TSY         8.000  12/31/2010     USD    16.00
LEHMAN BROS TSY         4.500  12/30/2010     USD    16.00
LEHMAN BROS TSY         9.300  12/21/2010     EUR    16.00
LEHMAN BROS TSY         9.300  12/21/2010     EUR    16.00
LEHMAN BROS TSY         6.000  12/21/2010     USD    16.00
LEHMAN BROS TSY         8.050  12/20/2010     HKD    16.00
LEHMAN BROS TSY        14.900  11/16/2010     EUR    16.00
LEHMAN BROS TSY         1.280   11/6/2010     JPY    16.00
LEHMAN BROS TSY         7.000  10/22/2010     EUR     5.25
LEHMAN BROS TSY         4.000  10/12/2010     USD    16.00
LEHMAN BROS TSY         1.500  10/12/2010     EUR     5.25
LEHMAN BROS TSY         4.100   8/23/2010     USD    16.00
LEHMAN BROS TSY         4.000   8/11/2010     USD     5.25
LEHMAN BROS TSY        10.500    8/9/2010     EUR    16.00
LEHMAN BROS TSY         6.000   7/28/2010     EUR    16.00
LEHMAN BROS TSY         6.000   7/28/2010     EUR    16.00
LEHMAN BROS TSY         7.000   7/11/2010     EUR     5.25
LEHMAN BROS TSY         5.500   6/22/2010     USD     5.25
LEHMAN BROS TSY         1.600   6/21/2010     JPY     5.25
LEHMAN BROS TSY         7.250   6/20/2010     USD     5.25
LEHMAN BROS TSY         3.100    6/4/2010     USD    16.00
LEHMAN BROS TSY         3.000    6/3/2010     EUR     5.25
LEHMAN BROS TSY         7.500   5/30/2010     AUD    16.00
LEHMAN BROS TSY         4.000   5/30/2010     USD    16.00
LEHMAN BROS TSY         4.000   5/17/2010     USD     5.25
LEHMAN BROS TSY         2.000   5/17/2010     EUR    16.00
LEHMAN BROS TSY         4.250   5/15/2010     EUR     5.25
LEHMAN BROS TSY         7.600    3/4/2010     NZD    16.00
LEHMAN BROS TSY        11.750    3/1/2010     EUR    16.00
LEHMAN BROS TSY         4.000   2/28/2010     EUR    16.00
LEHMAN BROS TSY         1.000   2/26/2010     USD     5.25
LEHMAN BROS TSY         6.450   2/20/2010     AUD    16.00
LEHMAN BROS TSY         4.100   2/19/2010     EUR     5.25
LEHMAN BROS TSY         7.000   2/15/2010     CHF    16.00
LEHMAN BROS TSY         7.500   2/14/2010     AUD    16.00
LEHMAN BROS TSY         1.750    2/7/2010     EUR    16.00
LEHMAN BROS TSY        10.000    1/4/2010     USD     5.25
LEHMAN BROS TSY         8.800  12/27/2009     EUR    16.00
LEHMAN BROS TSY         7.585  11/22/2009     MXN    16.00
LEHMAN BROS TSY         2.000  11/16/2009     EUR     5.25
LEHMAN BROS TSY         2.750  10/28/2009     EUR    16.00
LEHMAN BROS TSY         3.820  10/20/2009     USD    16.00
LEHMAN BROS TSY         3.400   9/21/2009     HKD    16.00
LEHMAN BROS TSY         7.500   9/13/2009     CHF    16.00
LEHMAN BROS TSY        16.800   8/21/2009     USD    16.00
LEHMAN BROS TSY         8.000    8/3/2009     USD    16.00
LEHMAN BROS TSY         4.500    8/2/2009     USD    16.00
LEHMAN BROS TSY         8.500    7/6/2009     CHF    16.00
LEHMAN BROS TSY        11.000   6/29/2009     EUR    16.00
LEHMAN BROS TSY         3.000   6/23/2009     EUR     5.25
LEHMAN BROS TSY        10.000   6/17/2009     USD    16.00
LEHMAN BROS TSY         5.750   6/15/2009     CHF    16.00
LEHMAN BROS TSY         5.500   6/15/2009     CHF    16.00
LEHMAN BROS TSY         9.000   6/13/2009     USD    16.00
LEHMAN BROS TSY         3.700    6/6/2009     EUR     5.25
LEHMAN BROS TSY        15.000    6/4/2009     CHF    16.00
LEHMAN BROS TSY        17.000    6/2/2009     USD    16.00
LEHMAN BROS TSY        13.500    6/2/2009     USD    16.00
LEHMAN BROS TSY        10.000   5/22/2009     USD    16.00
LEHMAN BROS TSY         8.000   5/22/2009     USD    16.00
LEHMAN BROS TSY         8.000   5/22/2009     USD    16.00
LEHMAN BROS TSY         4.100   5/20/2009     USD    16.00
LEHMAN BROS TSY        16.200   5/14/2009     USD    16.00
LEHMAN BROS TSY         2.480   5/12/2009     USD     5.25
LEHMAN BROS TSY         2.250   5/12/2009     USD     5.25
LEHMAN BROS TSY         4.000   4/24/2009     USD    16.00
LEHMAN BROS TSY         3.850   4/24/2009     USD    16.00
LEHMAN BROS TSY         8.000   4/20/2009     EUR     5.25
LEHMAN BROS TSY        16.000   10/8/2008     CHF    16.00
LEHMAN BROS TSY         7.250   10/6/2008     EUR    16.00
LEHMAN BROS TSY        10.000  10/22/2008     USD    16.00
LEHMAN BROS TSY         8.000  10/23/2008     USD    16.00
LEHMAN BROS TSY         5.000  10/24/2008     CHF    16.00
LEHMAN BROS TSY         6.000  10/24/2008     EUR    16.00
LEHMAN BROS TSY         7.500  10/24/2008     USD    16.00
LEHMAN BROS TSY        16.000  10/28/2008     USD    16.00
LEHMAN BROS TSY        13.150  10/30/2008     USD    16.00
LEHMAN BROS TSY        16.000   11/9/2008     USD    16.00
LEHMAN BROS TSY        14.100  11/12/2008     USD    16.00
LEHMAN BROS TSY        10.442  11/22/2008     CHF    16.00
LEHMAN BROS TSY         7.000  11/28/2008     CHF    16.00
LEHMAN BROS TSY        16.000  12/26/2008     USD    16.00
LEHMAN BROS TSY         6.720  12/29/2008     EUR     5.25
LEHMAN BROS TSY        13.432    1/8/2009     ILS    16.00
LEHMAN BROS TSY         7.750   1/30/2009     EUR    16.00
LEHMAN BROS TSY         6.600    2/9/2009     EUR     5.25
LEHMAN BROS TSY         0.500   2/16/2009     EUR    16.00
LEHMAN BROS TSY        10.000   2/16/2009     CHF    16.00
LEHMAN BROS TSY        11.000   2/16/2009     CHF    16.00
LEHMAN BROS TSY        13.000   2/16/2009     CHF    16.00
LEHMAN BROS TSY         5.000   3/13/2009     EUR     5.25
LEHMAN BROS TSY         9.000   3/17/2009     GBP    16.00
LEHMAN BROS TSY         4.050   9/16/2008     EUR     5.25
LEHMAN BROS TSY        23.300   9/16/2008     USD    16.00
LEHMAN BROS TSY         7.375   9/20/2008     EUR    16.00
LEHMAN BROS TSY        18.250   10/2/2008     USD    16.00
LEHMAN BROS TSY        10.000   3/27/2009     USD     5.25
LEHMAN BROS TSY         7.000   4/14/2009     EUR    16.00
LEHMAN BROS TSY         5.103   6/22/2046     EUR    16.00
LEHMAN BROS TSY         4.680  12/12/2045     EUR    16.00
LEHMAN BROS TSY        10.000    8/2/2037     JPY     5.25
LEHMAN BROS TSY         4.820  12/18/2036     EUR    16.00
LEHMAN BROS TSY         4.950  10/25/2036     EUR     5.25
LEHMAN BROS TSY         3.000   9/12/2036     JPY     5.25
LEHMAN BROS TSY         6.000   11/2/2035     EUR     5.25
LEHMAN BROS TSY         7.250   10/5/2035     EUR     5.38
LEHMAN BROS TSY         7.500    8/1/2035     EUR     5.25
LEHMAN BROS TSY         7.000   5/17/2035     EUR     5.38
LEHMAN BROS TSY         8.250   3/16/2035     EUR     5.63
LEHMAN BROS TSY         6.000   2/15/2035     EUR     5.63
LEHMAN BROS TSY         5.000   2/28/2032     EUR     5.25
LEHMAN BROS TSY         3.500  12/20/2027     USD     5.25
LEHMAN BROS TSY         5.120   4/30/2027     EUR    16.00
LEHMAN BROS TSY         6.500   7/24/2026     EUR     5.25
LEHMAN BROS TSY         5.250   5/26/2026     EUR     5.25
LEHMAN BROS TSY         5.000    8/1/2025     EUR     5.25
LEHMAN BROS TSY         5.220    3/1/2024     EUR    16.00
LEHMAN BROS TSY         5.250    4/1/2023     EUR    16.00
LEHMAN BROS TSY         6.000   2/19/2023     USD     5.25
LEHMAN BROS TSY         9.000   5/15/2022     USD     5.25
LEHMAN BROS TSY         5.000    5/2/2022     EUR    16.00
LEHMAN BROS TSY         4.250   3/13/2021     EUR    16.00
LEHMAN BROS TSY         4.150   8/25/2020     EUR    16.00
LEHMAN BROS TSY         0.500    8/1/2020     EUR    16.00
LEHMAN BROS TSY         4.900   7/28/2020     EUR     5.25
LEHMAN BROS TSY         0.500    7/2/2020     EUR    16.00
LEHMAN BROS TSY         0.500    6/2/2020     EUR    16.00
LEHMAN BROS TSY        11.000    5/9/2020     USD     5.25
LEHMAN BROS TSY         6.300  12/21/2018     USD     5.25
LEHMAN BROS TSY         9.750   6/22/2018     USD     5.25
LEHMAN BROS TSY         6.000   5/23/2018     CZK     5.25
LEHMAN BROS TSY         9.500    4/1/2018     USD     5.25
LEHMAN BROS TSY         7.800   3/31/2018     USD     5.25
LEHMAN BROS TSY         8.000   3/21/2018     USD     5.25
LEHMAN BROS TSY         5.200   3/19/2018     EUR    16.00
LEHMAN BROS TSY         2.600   3/19/2018     JPY    16.00
LEHMAN BROS TSY         5.000   2/15/2018     EUR     5.25
LEHMAN BROS TSY         6.000  12/30/2017     EUR     5.25
LEHMAN BROS TSY         4.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         4.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         4.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     USD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     USD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     USD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     USD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY         0.500  12/20/2017     AUD     5.25
LEHMAN BROS TSY        12.220  11/21/2017     USD     5.25
LEHMAN BROS TSY         4.600  10/11/2017     ILS    16.00
LEHMAN BROS TSY         5.000   8/16/2017     EUR     8.88
LEHMAN BROS TSY         3.000   8/15/2017     EUR     5.25
LEHMAN BROS TSY         3.000    8/8/2017     EUR     5.25
LEHMAN BROS TSY         7.500   6/15/2017     USD     5.25
LEHMAN BROS TSY         7.000    6/6/2017     EUR     5.25
LEHMAN BROS TSY         6.000   5/12/2017     EUR     5.25
LEHMAN BROS TSY         5.100    5/8/2017     HKD    15.00
LEHMAN BROS TSY         7.390    5/4/2017     USD     5.25
LEHMAN BROS TSY         7.500    5/2/2017     EUR     5.25
LEHMAN BROS TSY         4.500    5/2/2017     EUR     5.25
LEHMAN BROS TSY         5.000   4/24/2017     EUR     5.25
LEHMAN BROS TSY         4.690   2/19/2017     EUR    16.00
LEHMAN BROS TSY         4.000   2/16/2017     EUR     5.25
LEHMAN BROS TSY         0.800  12/30/2016     EUR     5.25
LEHMAN BROS TSY         6.000   12/6/2016     USD    16.00
LEHMAN BROS TSY         4.000  11/24/2016     EUR     5.25
LEHMAN BROS TSY         3.350  10/13/2016     EUR     5.25
LEHMAN BROS TSY         4.350    8/8/2016     SGD    16.00
LEHMAN BROS TSY         4.600    7/6/2016     EUR     5.25
LEHMAN BROS TSY         8.500    7/5/2016     EUR     5.25
LEHMAN BROS TSY         4.700   3/23/2016     EUR     5.25
LEHMAN BROS TSY         4.700   3/23/2016     EUR     5.25
LEHMAN BROS TSY         8.000   2/16/2016     EUR     5.25
LEHMAN BROS TSY         8.250    2/3/2016     EUR     5.25
LEHMAN BROS TSY         8.250   12/3/2015     EUR     5.25
LEHMAN BROS TSY         6.500   5/16/2015     EUR     5.25
LEHMAN BROS TSY         7.050    4/8/2015     USD     5.25
LEHMAN BROS TSY         5.400   3/18/2015     USD     5.25
LEHMAN BROS TSY         5.000   3/18/2015     EUR     5.75
LEHMAN BROS TSY         5.550   3/12/2015     EUR    16.00
LEHMAN BROS TSY         4.500    3/7/2015     EUR     5.25
LEHMAN BROS TSY         1.680    3/5/2015     EUR     5.25
LEHMAN BROS TSY         5.400    3/4/2015     USD     5.25
LEHMAN BROS TSY         5.000   2/25/2015     EUR     5.25
LEHMAN BROS TSY         5.000   2/16/2015     EUR     5.25
LEHMAN BROS TSY         3.025   1/31/2015     EUR     5.25
LEHMAN BROS TSY         8.000  10/17/2014     EUR     5.25
LEHMAN BROS TSY         5.000   9/22/2014     EUR     5.25
LEHMAN BROS TSY         4.500   7/24/2014     EUR     5.25
LEHMAN BROS TSY         0.250   7/21/2014     EUR     5.25
LEHMAN BROS TSY         5.250    7/8/2014     EUR    16.00
LEHMAN BROS TSY         4.100   6/10/2014     SGD    16.00
LEHMAN BROS TSY         2.300   4/28/2014     JPY     5.25
LEHMAN BROS TSY         5.300   4/23/2014     EUR     5.25
LEHMAN BROS TSY        10.600   4/22/2014     MXN     5.25
LEHMAN BROS TSY         5.000   2/27/2014     EUR     5.25
LEHMAN BROS TSY         5.375    2/4/2014     USD     5.25
LEHMAN BROS TSY         7.000  11/26/2013     EUR     5.25
LEHMAN BROS TSY         1.950   11/4/2013     EUR    16.00
LEHMAN BROS TSY         4.870   10/8/2013     USD    16.00
LEHMAN BROS TSY         6.000    8/7/2013     EUR     5.25
LEHMAN BROS TSY         4.600    8/1/2013     EUR     5.25
LEHMAN BROS TSY         2.370   7/15/2013     USD     5.25
LEHMAN BROS TSY         2.300   6/27/2013     USD    16.00
LEHMAN BROS TSY         2.300    6/6/2013     USD    16.00
LEHMAN BROS TSY         3.450   5/23/2013     USD     5.25
LEHMAN BROS TSY         6.700   5/21/2013     USD     5.25
LEHMAN BROS TSY         7.150   3/21/2013     USD     5.25
LEHMAN BROS TSY         2.875   3/14/2013     CHF    16.88
LEHMAN BROS TSY         4.500    3/6/2013     CHF     5.25
LEHMAN BROS TSY         7.600   1/31/2013     AUD    16.00
LEHMAN BROS TSY        13.000  12/14/2012     USD     5.25
LEHMAN BROS TSY         3.000   12/3/2012     EUR     5.25
LEHMAN BROS TSY         6.250  11/30/2012     EUR     5.25
LEHMAN BROS TSY         5.500  11/30/2012     CZK     5.25
LEHMAN BROS TSY         5.000  11/22/2012     EUR     5.25
LEHMAN BROS TSY         6.000  10/30/2012     EUR     5.25
LEHMAN BROS TSY         6.000  10/30/2012     USD     5.25
LEHMAN BROS TSY         4.000  10/24/2012     EUR     5.25
LEHMAN BROS TSY         0.250  10/19/2012     CHF     5.25
LEHMAN BROS TSY         2.500   8/23/2012     GBP    16.00
NATL INVESTER BK       25.983    5/7/2029     EUR    25.02
NED WATERSCHAPBK        0.500   3/11/2025     CAD    64.76
NIB CAPITAL BANK        4.510  12/16/2035     EUR    67.84
PORTUGAL TEL FIN        4.500   6/16/2025     EUR    69.28
Q-CELLS INTERNAT        5.750   5/26/2014     EUR    13.33
RABOBANK                0.500  11/26/2021     ZAR    46.07
RABOBANK                0.500  10/27/2016     ZAR    73.86
RBS NV EX-ABN NV        2.910   6/21/2036     JPY    69.87
RBS NV EX-ABN NV        6.500   5/17/2018     AUD    71.34
SNS BANK                6.250  10/26/2020     EUR    73.92
SNS BANK                4.580   3/20/2026     EUR    65.94
SNS BANK                5.215   12/3/2027     EUR    69.06
SRLEV NV                9.000   4/15/2041     EUR    73.21
TJIWI KIMIA FIN        13.250    8/1/2001     USD     0.01

NORWAY
------
KOMMUNALBANKEN          0.500   5/25/2018     ZAR    63.06
KOMMUNALBANKEN          0.500   3/29/2017     BRL    70.10
KOMMUNALBANKEN          0.500   5/10/2017     BRL    69.95
KOMMUNALBANKEN          0.500   3/28/2017     BRL    70.58
KOMMUNALBANKEN          0.500   7/26/2016     BRL    74.26
KOMMUNALBANKEN          0.500   7/28/2016     BRL    73.81
KOMMUNALBANKEN          0.500   7/29/2016     TRY    74.92
KOMMUNALBANKEN          0.500   8/16/2016     BRL    73.53
KOMMUNALBANKEN          0.500    3/7/2017     BRL    70.89
KOMMUNALBANKEN          0.500    3/2/2018     BRL    65.82
NORSKE SKOGIND          6.125  10/15/2015     USD    71.33
NORSKE SKOGIND          7.000   6/26/2017     EUR    61.21
NORSKE SKOGIND          7.125  10/15/2033     USD    52.38
NORSKE SKOGIND          7.125  10/15/2033     USD    52.38
NORSKE SKOGIND          6.125  10/15/2015     USD    71.00
RENEWABLE CORP          6.500    6/4/2014     EUR    60.32
RENEWABLE CORP          9.750    5/3/2018     NOK    70.62

POLAND
------
POLAND GOVT BOND        5.000   4/25/2037     PLN    63.50

PORTUGAL
--------
CAIXA GERAL DEPO        5.380   10/1/2038     EUR    60.26
CAIXA GERAL DEPO        4.250   1/27/2020     EUR    75.94
COMBOIOS DE PORT        4.170  10/16/2019     EUR    50.18
COMBOIOS DE PORT        5.700    2/5/2030     EUR    59.98
METRO DE LISBOA         5.750    2/4/2019     EUR    57.93
METRO DE LISBOA         4.061   12/4/2026     EUR    48.50
METRO DE LISBOA         4.799   12/7/2027     EUR    48.66
METRO DE LISBOA         7.300  12/23/2025     EUR    54.38
MONTEPIO GERAL          4.000    2/8/2015     EUR    74.38
MONTEPIO GERAL          5.000    2/8/2017     EUR    61.63
PARPUBLICA              5.250   9/28/2017     EUR    69.75
PARPUBLICA              4.200  11/16/2026     EUR    50.25
PARPUBLICA              3.567   9/22/2020     EUR    55.54
PORTUGAL (REP)          3.500   3/25/2015     USD    75.22
PORTUGUESE OT'S         4.200  10/15/2016     EUR    68.09
PORTUGUESE OT'S         4.350  10/16/2017     EUR    62.88
PORTUGUESE OT'S         4.450   6/15/2018     EUR    60.40
PORTUGUESE OT'S         4.750   6/14/2019     EUR    59.42
PORTUGUESE OT'S         4.800   6/15/2020     EUR    58.01
PORTUGUESE OT'S         3.850   4/15/2021     EUR    55.95
PORTUGUESE OT'S         4.100   4/15/2037     EUR    46.49
PORTUGUESE OT'S         4.950  10/25/2023     EUR    56.70
PORTUGUESE OT'S         3.350  10/15/2015     EUR    72.46
REFER                   4.000   3/16/2015     EUR    57.02
REFER                   5.875   2/18/2019     EUR    59.53
REFER                   4.047  11/16/2026     EUR    46.99
REFER                   4.250  12/13/2021     EUR    44.99
REFER                   4.675  10/16/2024     EUR    48.14

RUSSIA
------
ARIZK                   3.000  12/20/2030     RUB    44.03
DVTG-FINANS            17.000   8/29/2013     RUB    55.55
DVTG-FINANS             7.750   7/18/2013     RUB    20.29
MIRAX                  17.000   9/17/2012     RUB    31.51
NOK                    12.500   8/26/2014     RUB     5.00
PROMPEREOSNASTKA        1.000  12/17/2012     RUB     0.01
PROTON-FINANCE          9.000   6/12/2012     RUB    65.00
RBC OJSC                3.270   4/19/2018     RUB    45.00
RBC OJSC                7.000   4/23/2015     RUB    70.00
RBC OJSC                7.000   4/23/2015     RUB    71.50
SATURN                  8.000    6/6/2014     RUB     2.00

SPAIN
-----
AYT CEDULAS CAJA        4.750   5/25/2027     EUR    66.02
AYT CEDULAS CAJA        3.750  12/14/2022     EUR    67.67
AYT CEDULAS CAJA        4.250  10/25/2023     EUR    69.70
AYT CEDULAS CAJA        3.750   6/30/2025     EUR    59.36
AYUNTAM DE MADRD        4.350   6/16/2021     EUR    65.91
AYUNTAM DE MADRD        4.550   6/16/2036     EUR    47.78
BANCAJA                 1.500   5/22/2018     EUR    61.36
BANCO BILBAO VIZ        6.025    3/3/2033     EUR    57.64
BANCO BILBAO VIZ        4.500   2/16/2022     EUR    71.59
BANCO BILBAO VIZ        4.375  10/20/2019     EUR    74.07
BANCO CASTILLA          1.500   6/23/2021     EUR    63.95
BANCO POP ESPAN         5.702  12/22/2019     EUR    73.00
BASQUE GOV'T            4.600    1/7/2025     EUR    71.79
BBVA SUB CAP UNI        2.750  10/22/2035     JPY    66.72
BPE FINANCIACION        6.873  10/22/2020     EUR    72.17
CAIXA TERRASSA          1.700   3/12/2022     EUR    65.66
CAIXA TERRASSA          4.700    8/9/2021     EUR    67.19
CAIXABANK               4.000    2/9/2022     EUR    72.35
CAJA MADRID             5.116   7/15/2015     EUR    72.50
CAJA MADRID             4.125   3/24/2036     EUR    68.67
CEDULAS TDA 6 FO        3.875   5/23/2025     EUR    61.85
CEDULAS TDA 6 FO        4.250   4/10/2031     EUR    57.37
CEDULAS TDA A-5         4.250   3/28/2027     EUR    61.79
COMUN AUTO CANAR        3.900  11/30/2035     EUR    46.00
COMUN AUTO CANAR        4.200  10/25/2036     EUR    48.28
COMUN AUTO CANAR        4.450  11/17/2019     EUR    72.24
COMUN AUTO CANAR        5.750  10/15/2029     EUR    69.36
COMUN NAVARRA           4.000  11/23/2021     EUR    73.17
COMUNIDAD ARAGON        4.646   7/11/2036     EUR    55.26
COMUNIDAD ARAGON        4.470   7/12/2021     EUR    72.66
COMUNIDAD ARAGON        4.815  10/10/2022     EUR    71.99
COMUNIDAD BALEAR        3.869  11/23/2020     EUR    65.47
COMUNIDAD BALEAR        4.063  11/23/2035     EUR    43.62
COMUNIDAD BALEAR        4.796    3/4/2020     EUR    73.49
COMUNIDAD MADRID        4.300   9/15/2026     EUR    63.35
DIPUTACION FOR          4.323  12/29/2023     EUR    64.49
GEN DE CATALUNYA        5.950   10/1/2030     EUR    60.18
GEN DE CATALUNYA        2.965    9/8/2039     JPY    43.56
GEN DE CATALUNYA        4.220   4/26/2035     EUR    44.64
GEN DE CATALUNYA        4.690  10/28/2034     EUR    48.85
GEN DE CATALUNYA        6.350  11/30/2041     EUR    61.66
GEN DE CATALUNYA        2.125   10/1/2014     CHF    74.96
GEN DE CATALUNYA        2.315   9/10/2015     CHF    72.42
GEN DE CATALUNYA        2.355  11/10/2015     CHF    71.51
GEN DE CATALUNYA        2.750   3/24/2016     CHF    70.26
GEN DE CATALUNYA        4.801   7/31/2020     EUR    70.49
GEN DE CATALUNYA        4.900   9/15/2021     EUR    68.32
GEN DE CATALUNYA        5.250   10/5/2023     EUR    65.26
GEN DE CATALUNYA        5.900   5/20/2024     EUR    68.77
GEN DE CATALUNYA        5.325   10/5/2028     EUR    57.24
GEN DE CATALUNYA        5.219   9/10/2029     EUR    55.31
GEN DE CATALUNYA        5.400   5/13/2030     EUR    56.32
GEN DE CATALUNYA        5.900   5/28/2030     EUR    60.60
GENERAL VALENCIA        4.000   11/2/2016     EUR    72.50
GENERAL VALENCIA        4.900   3/17/2020     EUR    64.38
GENERAL VALENCIA        5.900  11/30/2032     EUR    50.63
IM CEDULAS 5            3.500   6/15/2020     EUR    74.18
INSTIT CRDT OFCL        3.250   6/28/2024     CHF    67.98
INSTIT CRDT OFCL        2.100   2/23/2021     JPY    70.13
INSTIT CRDT OFCL        2.570  10/22/2021     CHF    67.83
INSTITUT CATALA         4.250   6/15/2024     EUR    59.47
JUNTA ANDALUCIA         3.065   7/29/2039     JPY    46.30
JUNTA ANDALUCIA         4.850   3/17/2020     EUR    72.34
JUNTA ANDALUCIA         3.170   7/29/2039     JPY    47.50
JUNTA ANDALUCIA         3.050  12/10/2020     JPY    73.62
JUNTA ANDALUCIA         5.000   7/13/2022     EUR    68.01
JUNTA ANDALUCIA         5.700   7/20/2028     EUR    64.21
JUNTA ANDALUCIA         4.125   1/20/2020     EUR    70.25
JUNTA ANDALUCIA         5.150   5/24/2034     EUR    55.20
JUNTA ANDALUCIA         6.600  11/29/2030     EUR    68.77
JUNTA ANDALUCIA         4.250  10/31/2036     EUR    44.57
JUNTA CASTILLA          4.650   11/8/2022     EUR    69.58
JUNTA LA MANCHA         3.875   1/31/2036     EUR    40.00
JUNTA LA MANCHA         7.705   2/15/2033     EUR    72.50
JUNTA LA MANCHA         4.625  11/30/2022     EUR    63.25
JUNTA LA MANCHA         4.875   3/18/2020     EUR    72.38
JUNTA LA MANCHA         2.810  10/14/2022     JPY    62.63
JUNTA LA MANCHA         5.950    9/9/2030     EUR    60.19
MAPFRE SA               5.921   7/24/2037     EUR    63.23
SACYR VALLEHERM         6.500    5/1/2016     EUR    59.06
SANTANDER ISSUAN        5.750   1/31/2018     GBP    73.02
SANTANDER ISSUAN        5.435  10/24/2017     EUR    77.00
SANTANDER ISSUAN        4.250   5/30/2018     EUR    72.00
SANTANDER ISSUAN        4.750   5/29/2019     EUR    71.75
SANTANDER ISSUAN        4.500   9/30/2019     EUR    70.01
SPANISH GOV'T           4.200   1/31/2037     EUR    71.48
XUNTA DE GALICIA        5.350  11/22/2028     EUR    62.82
XUNTA DE GALICIA        4.205  11/30/2019     EUR    73.98
XUNTA DE GALICIA        4.025  11/28/2035     EUR    46.61

SWEDEN
------
ASSA ABLOY AB           4.000   2/15/2027     EUR    74.13
SAS AB                  7.500    4/1/2015     SEK    74.48
SWEDISH EXP CRED        7.500   6/12/2012     USD     6.95
SWEDISH EXP CRED        0.500  11/27/2015     TRY    74.50
SWEDISH EXP CRED        0.500   5/27/2016     BRL    74.94
SWEDISH EXP CRED        0.500   6/29/2016     TRY    71.36
SWEDISH EXP CRED        0.500   6/29/2016     BRL    74.40
SWEDISH EXP CRED        0.500   8/25/2016     BRL    73.88
SWEDISH EXP CRED        0.500   9/14/2016     BRL    73.57
SWEDISH EXP CRED        0.500   9/30/2016     ZAR    74.79
SWEDISH EXP CRED        0.500  12/14/2016     BRL    72.09
SWEDISH EXP CRED        0.500  12/21/2016     BRL    71.98
SWEDISH EXP CRED        0.500   1/26/2017     BRL    71.41
SWEDISH EXP CRED        0.500  12/17/2027     USD    61.06
SWEDISH EXP CRED        0.500   3/15/2022     ZAR    42.43
SWEDISH EXP CRED        0.500   2/22/2022     ZAR    42.69
SWEDISH EXP CRED        0.500   7/21/2017     BRL    68.68
SWEDISH EXP CRED        0.500   8/25/2021     ZAR    44.95
SWEDISH EXP CRED        0.500   1/31/2022     ZAR    43.28
SWEDISH EXP CRED        0.500   8/26/2021     AUD    66.13
SWEDISH EXP CRED        0.500  12/22/2016     BRL    71.96
SWEDISH EXP CRED        0.500   3/10/2017     BRL    70.70
SWEDISH EXP CRED        0.500    2/3/2017     BRL    71.33
SWEDISH EXP CRED        0.500   6/30/2017     BRL    68.99
SWEDISH EXP CRED        0.500   6/21/2017     BRL    69.12
SWEDISH EXP CRED        0.500   1/25/2028     USD    60.70

SWITZERLAND
-----------
BANK JULIUS BAER       12.000    7/6/2012     EUR    54.65
BANK JULIUS BAER       11.900    7/6/2012     CHF    60.55
BANK JULIUS BAER       11.300    7/6/2012     CHF    42.45
BANK JULIUS BAER       10.700    7/6/2012     CHF    73.60
BANK JULIUS BAER       10.500    7/6/2012     USD    63.30
BANK JULIUS BAER        9.000   9/17/2012     CHF    42.55
BANK JULIUS BAER       10.500  12/14/2012     USD    69.25
BANK JULIUS BAER       10.000   1/28/2013     CHF    68.05
BANK JULIUS BAER       17.300    2/1/2013     EUR    63.95
BANK JULIUS BAER       12.000    4/9/2013     CHF    48.15
BANK JULIUS BAER        8.700    8/5/2013     CHF    64.37
BANK JULIUS BAER        8.750   6/15/2012     CHF    70.05
BANK JULIUS BAER       10.500    7/6/2012     CHF    69.35
BANK JULIUS BAER       10.100    7/6/2012     CHF    41.85
BANK JULIUS BAER       14.800    7/6/2012     EUR    52.05
BANK JULIUS BAER       14.300   7/13/2012     CHF    47.85
BANK JULIUS BAER       10.500   7/18/2012     CHF    57.20
BANK JULIUS BAER        5.500   7/20/2012     CHF    69.90
BANK JULIUS BAER       11.700   7/20/2012     EUR    71.25
BANK JULIUS BAER        8.750   7/26/2012     EUR    71.40
BANK JULIUS BAER        9.300   7/27/2012     EUR    65.15
BANK JULIUS BAER       11.000   7/27/2012     CHF    71.15
BANK JULIUS BAER       12.000   7/27/2012     EUR    71.30
BANK JULIUS BAER        9.000    7/6/2012     EUR    64.85
BANK JULIUS BAER        8.600    7/6/2012     CHF    69.60
BANK JULIUS BAER       11.900   6/29/2012     EUR    60.45
BANK JULIUS BAER        8.000   6/29/2012     EUR    71.45
BANK JULIUS BAER       14.000   6/28/2012     EUR    58.05
BANK JULIUS BAER        8.600   6/27/2012     CHF    73.20
BANK JULIUS BAER       10.000   6/22/2012     CHF    71.35
BANK JULIUS BAER        7.500   6/15/2012     CHF    74.75
BANK JULIUS BAER        7.000   6/15/2012     CHF    70.70
BANK JULIUS BAER        7.400   6/14/2012     CAD    51.75
BANK JULIUS BAER        8.200    6/8/2012     CHF    67.90
BANK JULIUS BAER       13.000    6/1/2012     USD    51.15
BANK JULIUS BAER       11.200    6/1/2012     CHF    64.80
BANK JULIUS BAER       12.400    7/6/2012     CHF    49.70
BANK JULIUS BAER       10.600    6/1/2012     EUR    73.45
BANK JULIUS BAER       10.300    6/1/2012     EUR    72.95
BANK JULIUS BAER       10.000    6/1/2012     CHF    50.65
BANK JULIUS BAER        9.750    6/1/2012     EUR    72.10
BANK JULIUS BAER        9.000   5/30/2012     CHF    50.45
BANK JULIUS BAER       10.000   5/25/2012     CHF    65.10
BANK JULIUS BAER        9.200   5/25/2012     EUR    48.20
BANK JULIUS BAER        8.600   5/25/2012     EUR    71.75
BANK JULIUS BAER        8.500   5/25/2012     CHF    65.60
BANK JULIUS BAER       14.000   5/24/2012     EUR    70.20
BANK JULIUS BAER        8.200   5/18/2012     EUR    66.95
BANK JULIUS BAER        9.700   5/18/2012     USD    69.70
BANK JULIUS BAER       11.600   5/18/2012     USD    74.85
BANK JULIUS BAER        8.400   5/23/2012     CHF    50.40
BANK JULIUS BAER       10.000   5/23/2012     CHF    66.55
BANK JULIUS BAER       11.300    8/3/2012     CHF    66.92
BANK JULIUS BAER       22.800    8/3/2012     USD    56.11
CLARIDEN LEU NAS        0.000  11/26/2013     CHF    57.66
CLARIDEN LEU NAS        9.500   7/13/2012     EUR    47.81
CLARIDEN LEU NAS       11.750   7/12/2012     USD    59.16
CLARIDEN LEU NAS       10.500   7/12/2012     CHF    57.39
CLARIDEN LEU NAS       12.500   7/11/2012     EUR    62.19
CLARIDEN LEU NAS       11.250    7/6/2012     GBP    71.98
CLARIDEN LEU NAS       10.000    7/6/2012     EUR    67.72
CLARIDEN LEU NAS       10.000    7/6/2012     CHF    70.26
CLARIDEN LEU NAS       11.000    7/5/2012     CHF    59.60
CLARIDEN LEU NAS       10.500    7/4/2012     EUR    63.11
CLARIDEN LEU NAS       10.250    7/4/2012     EUR    53.09
CLARIDEN LEU NAS       10.000    7/4/2012     CHF    59.21
CLARIDEN LEU NAS        9.500    7/4/2012     CHF    66.50
CLARIDEN LEU NAS        9.250    7/4/2012     EUR    72.99
CLARIDEN LEU NAS        8.750    7/4/2012     CHF    61.74
CLARIDEN LEU NAS        8.500    7/4/2012     EUR    68.49
CLARIDEN LEU NAS        8.000    7/4/2012     CHF    74.27
CLARIDEN LEU NAS        6.250    7/4/2012     CHF    74.12
CLARIDEN LEU NAS       15.500   6/29/2012     EUR    40.95
CLARIDEN LEU NAS       14.000   6/29/2012     CHF    73.44
CLARIDEN LEU NAS       10.000   6/27/2012     CHF    71.84
CLARIDEN LEU NAS       12.500   6/22/2012     EUR    72.64
CLARIDEN LEU NAS       11.250   6/22/2012     CHF    47.00
CLARIDEN LEU NAS       10.000   6/22/2012     CHF    55.03
CLARIDEN LEU NAS       10.500   6/21/2012     EUR    53.46
CLARIDEN LEU NAS       10.000   6/21/2012     EUR    57.38
CLARIDEN LEU NAS        9.000   6/21/2012     CHF    54.54
CLARIDEN LEU NAS       12.000   6/20/2012     USD    58.02
CLARIDEN LEU NAS       10.250   6/20/2012     SEK    66.97
CLARIDEN LEU NAS        8.500   6/20/2012     CHF    71.12
CLARIDEN LEU NAS        3.550   6/20/2012     CHF    47.66
CLARIDEN LEU NAS       10.500   6/15/2012     CHF    64.33
CLARIDEN LEU NAS        9.000   6/15/2012     CHF    63.32
CLARIDEN LEU NAS       12.000   6/14/2012     CHF    30.65
CLARIDEN LEU NAS       11.750   6/14/2012     EUR    68.41
CLARIDEN LEU NAS        9.250   6/14/2012     CHF    67.44
CLARIDEN LEU NAS        9.000   6/14/2012     CHF    52.35
CLARIDEN LEU NAS       13.500    6/8/2012     EUR    49.73
CLARIDEN LEU NAS        8.500    6/8/2012     CHF    61.83
CLARIDEN LEU NAS        7.500    6/8/2012     GBP    64.44
CLARIDEN LEU NAS        0.000    6/8/2012     CHF    60.03
CLARIDEN LEU NAS       12.500    6/6/2012     EUR    73.14
CLARIDEN LEU NAS       11.000    6/6/2012     CAD    67.33
CLARIDEN LEU NAS       10.000    6/6/2012     NOK    60.63
CLARIDEN LEU NAS       10.000    6/6/2012     CHF    67.60
CLARIDEN LEU NAS       13.250    6/1/2012     USD    11.51
CLARIDEN LEU NAS       12.500    6/1/2012     CHF    11.54
CLARIDEN LEU NAS       11.500    6/1/2012     EUR    69.03
CLARIDEN LEU NAS        7.500    6/1/2012     EUR    63.06
CLARIDEN LEU NAS       12.250   5/31/2012     EUR    38.33
CLARIDEN LEU NAS       10.750   5/30/2012     CHF    51.74
CLARIDEN LEU NAS       10.500   5/30/2012     EUR    64.95
CLARIDEN LEU NAS       10.500   5/25/2012     CHF    65.67
CLARIDEN LEU NAS       12.750   5/24/2012     EUR    48.52
CLARIDEN LEU NAS       10.500   5/24/2012     EUR    71.20
CLARIDEN LEU NAS       14.000   5/23/2012     EUR    10.69
CLARIDEN LEU NAS       13.000   5/23/2012     CHF    10.66
CLARIDEN LEU NAS       12.750   5/23/2012     EUR    74.96
CLARIDEN LEU NAS       11.500   5/23/2012     USD    59.96
CLARIDEN LEU NAS       10.000   5/23/2012     CHF    69.01
CLARIDEN LEU NAS       10.000   5/23/2012     NOK    58.90
CLARIDEN LEU NAS       12.000   5/18/2012     EUR    51.02
CLARIDEN LEU NAS       10.600   5/18/2012     CHF    51.30
CLARIDEN LEU NAS       10.000   5/18/2012     EUR    64.30
CLARIDEN LEU NAS       21.650  11/25/2014     EUR    73.81
CLARIDEN LEU NAS        0.000  10/15/2014     CHF    56.15
CLARIDEN LEU NAS        0.000   9/10/2014     CHF    51.74
CLARIDEN LEU NAS        0.000   8/27/2014     CHF    52.34
CLARIDEN LEU NAS        4.500   8/13/2014     CHF    43.70
CLARIDEN LEU NAS        5.250    8/6/2014     CHF    46.71
CLARIDEN LEU NAS        4.500    8/6/2014     EUR    71.30
CLARIDEN LEU NAS        0.000   6/10/2014     CHF    58.95
CLARIDEN LEU NAS        0.000   6/10/2014     CHF    56.59
CLARIDEN LEU NAS        0.000    6/3/2014     CHF    68.57
CLARIDEN LEU NAS        0.000   5/26/2014     CHF    58.78
CLARIDEN LEU NAS        0.000   5/13/2014     CHF    58.16
CLARIDEN LEU NAS        0.000   2/24/2014     CHF    49.86
CLARIDEN LEU NAS        0.000   2/11/2014     CHF    49.43
CLARIDEN LEU NAS       18.400  12/20/2013     EUR    68.57
CLARIDEN LEU NAS        0.000   11/4/2013     USD    73.86
CLARIDEN LEU NAS        0.000   11/4/2013     CHF    73.79
CLARIDEN LEU NAS        0.000   9/23/2013     CHF    48.90
CLARIDEN LEU NAS        0.000   9/16/2013     USD    68.27
CLARIDEN LEU NAS        3.250   9/16/2013     CHF    48.10
CLARIDEN LEU NAS        7.000   7/22/2013     CHF    65.75
CLARIDEN LEU NAS       13.000   7/15/2013     CHF    68.62
CLARIDEN LEU NAS       10.000   6/10/2013     CHF    57.26
CLARIDEN LEU NAS        0.000   5/31/2013     CHF    60.44
CLARIDEN LEU NAS        6.500   4/26/2013     CHF    52.92
CLARIDEN LEU NAS        0.000    4/4/2013     CHF    73.29
CLARIDEN LEU NAS       10.750   3/27/2013     USD    74.42
CLARIDEN LEU NAS        0.000   3/25/2013     CHF    53.97
CLARIDEN LEU NAS       12.000    3/8/2013     USD    73.61
CLARIDEN LEU NAS       12.500    3/1/2013     USD    73.69
CLARIDEN LEU NAS       20.000   2/27/2013     USD    69.09
CLARIDEN LEU NAS       11.000   2/21/2013     USD    73.68
CLARIDEN LEU NAS       13.500   2/15/2013     EUR    69.40
CLARIDEN LEU NAS        9.000   2/14/2013     CHF    62.08
CLARIDEN LEU NAS       11.500   2/13/2013     EUR    68.60
CLARIDEN LEU NAS        0.000   1/24/2013     CHF    63.28
CLARIDEN LEU NAS        8.750   1/15/2013     CHF    63.79
CLARIDEN LEU NAS       18.000  12/28/2012     USD    66.49
CLARIDEN LEU NAS        8.250  12/17/2012     CHF    63.50
CLARIDEN LEU NAS        0.000  12/17/2012     EUR    62.98
CLARIDEN LEU NAS        0.000  12/14/2012     CHF    51.45
CLARIDEN LEU NAS       10.500  11/26/2012     EUR    58.87
CLARIDEN LEU NAS        8.000  11/20/2012     CHF    67.48
CLARIDEN LEU NAS        7.125  11/19/2012     CHF    52.85
CLARIDEN LEU NAS        7.250  11/16/2012     CHF    53.41
CLARIDEN LEU NAS        7.500  11/13/2012     CHF    52.92
CLARIDEN LEU NAS        7.250  11/13/2012     CHF    68.73
CLARIDEN LEU NAS       20.750   11/2/2012     GBP    70.61
CLARIDEN LEU NAS       19.000  10/18/2012     USD    74.25
CLARIDEN LEU NAS       10.250  10/18/2012     EUR    72.20
CLARIDEN LEU NAS       10.000  10/15/2012     CHF    49.33
CLARIDEN LEU NAS        9.500  10/15/2012     CHF    49.95
CLARIDEN LEU NAS        8.500  10/15/2012     CHF    48.47
CLARIDEN LEU NAS        8.000  10/15/2012     CHF    61.52
CLARIDEN LEU NAS       10.500   10/8/2012     CHF    71.86
CLARIDEN LEU NAS       10.000   10/8/2012     EUR    52.34
CLARIDEN LEU NAS        9.000   10/8/2012     CHF    71.06
CLARIDEN LEU NAS        7.000   10/4/2012     CHF    49.73
CLARIDEN LEU NAS       10.000   9/25/2012     CHF    74.67
CLARIDEN LEU NAS        9.500   9/24/2012     CHF    62.38
CLARIDEN LEU NAS        9.000   9/24/2012     CHF    62.21
CLARIDEN LEU NAS       10.250   9/17/2012     CHF    49.34
CLARIDEN LEU NAS       10.000   9/11/2012     CHF    48.35
CLARIDEN LEU NAS       11.000   9/10/2012     EUR    64.86
CLARIDEN LEU NAS        7.500   9/10/2012     CHF    59.85
CLARIDEN LEU NAS       12.000    9/4/2012     EUR    38.20
CLARIDEN LEU NAS       10.500    9/4/2012     USD    63.58
CLARIDEN LEU NAS        9.250    9/4/2012     CHF    45.76
CLARIDEN LEU NAS       11.250   8/22/2012     CHF    67.89
CLARIDEN LEU NAS        7.000   8/16/2012     CHF    50.70
CLARIDEN LEU NAS       12.000   8/15/2012     USD    68.09
CLARIDEN LEU NAS       10.000   8/10/2012     EUR    66.66
CLARIDEN LEU NAS       11.750    8/8/2012     EUR    61.69
CLARIDEN LEU NAS       10.750    8/8/2012     EUR    72.19
CLARIDEN LEU NAS       10.000    8/8/2012     USD    62.48
CLARIDEN LEU NAS        9.250    8/8/2012     EUR    72.79
CLARIDEN LEU NAS       10.000    8/3/2012     CHF    71.61
CLARIDEN LEU NAS       13.000    8/2/2012     EUR    70.07
CLARIDEN LEU NAS       11.000    8/2/2012     USD    56.61
CLARIDEN LEU NAS       10.500    8/2/2012     EUR    49.40
CLARIDEN LEU NAS       10.250    8/2/2012     CHF    62.31
CLARIDEN LEU NAS        9.750    8/2/2012     CHF    72.97
CLARIDEN LEU NAS       12.000   7/26/2012     EUR    72.30
CLARIDEN LEU NAS       11.000   7/26/2012     CHF    72.74
CLARIDEN LEU NAS       10.500   7/26/2012     CHF    69.20
CLARIDEN LEU NAS        8.750   7/26/2012     CHF    59.34
CLARIDEN LEU NAS       11.000   7/25/2012     NOK    67.57
CLARIDEN LEU NAS       10.250   7/25/2012     EUR    71.82
CLARIDEN LEU NAS       10.250   7/25/2012     USD    66.48
CLARIDEN LEU NAS        9.250   7/25/2012     CHF    66.42
CLARIDEN LEU NAS       12.250   7/20/2012     USD    59.09
CLARIDEN LEU NAS        9.500   7/20/2012     CHF    61.61
CLARIDEN LEU NAS       10.750   7/19/2012     EUR    65.78
CLARIDEN LEU NAS        9.000   7/19/2012     CHF    58.56
CLARIDEN LEU NAS       11.000   7/18/2012     EUR    67.56
CLARIDEN LEU NAS       10.500   7/18/2012     CHF    60.02
CLARIDEN LEU NAS        7.900   7/18/2012     USD    65.67
CLARIDEN LEU NAS       11.750   7/13/2012     EUR    68.41
CREDIT SUISSE LD        8.900   3/25/2013     EUR    59.06
CREDIT SUISSE LD        4.000  12/10/2012     EUR    41.80
S-AIR GROUP             4.250    2/2/2007     CHF    10.38
S-AIR GROUP             2.125   11/4/2004     CHF    10.38
S-AIR GROUP             0.125    7/7/2005     CHF    10.38
SARASIN CI LTD          8.400   5/30/2012     CHF    65.32
SARASIN CI LTD          7.743    6/8/2012     CHF    66.45
SARASIN CI LTD          5.538   6/18/2012     CHF    50.04
SARASIN CI LTD          9.300   6/20/2012     CHF    70.81
SARASIN CI LTD         12.000   6/27/2012     CHF    45.24
SARASIN CI LTD          8.000   4/27/2015     CHF    63.37
SARASIN CI LTD          4.154   6/11/2012     CHF    66.58
SARASIN CI LTD          8.000    9/3/2012     CHF    57.23
SARASIN/GUERNSEY        7.600   7/13/2012     EUR    63.55
SARASIN/GUERNSEY       10.000   7/20/2012     EUR    70.27
SARASIN/GUERNSEY       12.100   7/12/2012     CHF    56.77
SARASIN/GUERNSEY       15.400   7/12/2012     EUR    66.21
SARASIN/GUERNSEY       10.000   8/10/2012     EUR    51.51
SARASIN/GUERNSEY        7.200   7/16/2012     CHF    56.06
SARASIN/GUERNSEY        7.200   7/19/2012     CHF    70.51
SARASIN/GUERNSEY       17.000  10/12/2012     EUR    73.02
SWISSAIR                6.250   4/12/2005     CHF    10.38
SWISSAIR                5.500   7/23/2003     CHF    10.38
SWISSAIR                6.250  10/27/2002     CHF    10.38
SWISSAIR                2.750   7/30/2004     CHF    10.38
SWISSAIR                2.750   7/30/2004     CHF    10.38
UBS AG                  9.000   5/18/2012     EUR    69.05
UBS AG                 13.300   5/23/2012     USD     3.41
UBS AG                 13.700   5/23/2012     USD    13.94
UBS AG                 14.000   5/23/2012     USD     8.96
UBS AG                 11.740    6/1/2012     EUR    73.44
UBS AG                 13.130    6/1/2012     EUR    71.52
UBS AG                 14.620    6/1/2012     EUR    69.70
UBS AG                  9.820    6/4/2012     EUR    69.08
UBS AG                  9.850    6/4/2012     EUR    69.94
UBS AG                 10.470    6/4/2012     EUR    44.54
UBS AG                 10.740    6/4/2012     EUR    71.88
UBS AG                 12.410    6/4/2012     EUR    72.54
UBS AG                 12.650    6/4/2012     EUR    73.68
UBS AG                 13.680    6/4/2012     EUR    73.50
UBS AG                 15.860    6/4/2012     EUR    62.48
UBS AG                 17.720    6/4/2012     EUR    37.38
UBS AG                  6.700    6/6/2012     CHF    72.20
UBS AG                  8.000    6/6/2012     CHF    64.95
UBS AG                 10.000    6/6/2012     CHF    63.25
UBS AG                 10.600    6/6/2012     CHF    65.10
UBS AG                 15.000    6/6/2012     CHF    59.30
UBS AG                  8.000   6/14/2012     CHF    68.75
UBS AG                  9.000   6/14/2012     EUR    69.00
UBS AG                  8.700   6/22/2012     EUR    74.00
UBS AG                  9.140   6/22/2012     EUR    68.36
UBS AG                  9.930   6/22/2012     EUR    70.80
UBS AG                 10.620   6/22/2012     EUR    74.90
UBS AG                 10.710   6/22/2012     EUR    65.56
UBS AG                 11.230   6/22/2012     EUR    67.88
UBS AG                 11.430   6/22/2012     EUR    73.80
UBS AG                 11.510   6/22/2012     EUR    74.10
UBS AG                 11.540   6/22/2012     EUR    73.40
UBS AG                 11.830   6/22/2012     EUR    74.82
UBS AG                 12.400   6/22/2012     EUR    63.00
UBS AG                 12.500   6/22/2012     EUR    71.98
UBS AG                 12.620   6/22/2012     EUR    65.20
UBS AG                 12.710   6/22/2012     EUR    71.92
UBS AG                 12.910   6/22/2012     EUR    71.60
UBS AG                 13.500   6/22/2012     EUR    70.60
UBS AG                 13.690   6/22/2012     EUR    71.90
UBS AG                 13.940   6/22/2012     EUR    69.86
UBS AG                 14.080   6/22/2012     EUR    62.76
UBS AG                 14.210   6/22/2012     EUR    60.68
UBS AG                 14.470   6/22/2012     EUR    69.54
UBS AG                 14.540   6/22/2012     EUR    69.30
UBS AG                 15.190   6/22/2012     EUR    67.94
UBS AG                 15.610   6/22/2012     EUR    68.06
UBS AG                 15.620   6/22/2012     EUR    60.52
UBS AG                 15.690   6/22/2012     EUR    69.24
UBS AG                 16.100   6/22/2012     EUR    67.62
UBS AG                 16.110   6/22/2012     EUR    58.54
UBS AG                 16.460   6/22/2012     EUR    66.12
UBS AG                 16.710   6/22/2012     EUR    66.88
UBS AG                 17.230   6/22/2012     EUR    58.46
UBS AG                 17.400   6/22/2012     EUR    74.06
UBS AG                 17.730   6/22/2012     EUR    64.42
UBS AG                 17.790   6/22/2012     EUR    65.82
UBS AG                 17.830   6/22/2012     EUR    66.82
UBS AG                 18.080   6/22/2012     EUR    56.60
UBS AG                 18.350   6/22/2012     EUR    72.32
UBS AG                 18.910   6/22/2012     EUR    56.58
UBS AG                 19.000   6/22/2012     EUR    64.64
UBS AG                 19.020   6/22/2012     EUR    62.82
UBS AG                 19.290   6/22/2012     EUR    70.68
UBS AG                 19.440   6/22/2012     EUR    74.74
UBS AG                 19.530   6/22/2012     EUR    64.12
UBS AG                 20.060   6/22/2012     EUR    64.58
UBS AG                 20.120   6/22/2012     EUR    54.80
UBS AG                 20.320   6/22/2012     EUR    61.30
UBS AG                 20.650   6/22/2012     EUR    54.82
UBS AG                 21.180   6/22/2012     EUR    67.60
UBS AG                 21.300   6/22/2012     EUR    62.54
UBS AG                 21.370   6/22/2012     EUR    62.58
UBS AG                 21.590   6/22/2012     EUR    74.80
UBS AG                 21.630   6/22/2012     EUR    59.86
UBS AG                 22.200   6/22/2012     EUR    53.14
UBS AG                 22.360   6/22/2012     EUR    62.54
UBS AG                 22.370   6/22/2012     EUR    74.54
UBS AG                 22.440   6/22/2012     EUR    53.20
UBS AG                 22.490   6/22/2012     EUR    71.82
UBS AG                 22.970   6/22/2012     EUR    58.50
UBS AG                 23.060   6/22/2012     EUR    64.78
UBS AG                 23.100   6/22/2012     EUR    61.06
UBS AG                 23.850   6/22/2012     EUR    72.82
UBS AG                 24.260   6/22/2012     EUR    51.70
UBS AG                 24.310   6/22/2012     EUR    57.22
UBS AG                 24.690   6/22/2012     EUR    60.64
UBS AG                 24.900   6/22/2012     EUR    59.66
UBS AG                 24.950   6/22/2012     EUR    62.22
UBS AG                 26.100   6/22/2012     EUR    50.30
UBS AG                 26.850   6/22/2012     EUR    59.90
UBS AG                 27.030   6/22/2012     EUR    54.86
UBS AG                 28.770   6/22/2012     EUR    57.76
UBS AG                  7.010   6/25/2012     EUR    68.74
UBS AG                  7.070   6/25/2012     EUR    57.30
UBS AG                  7.110   6/25/2012     EUR    27.40
UBS AG                  7.150   6/25/2012     EUR    69.48
UBS AG                  7.350   6/25/2012     EUR    66.94
UBS AG                  7.400   6/25/2012     EUR    57.34
UBS AG                  7.410   6/25/2012     EUR    27.44
UBS AG                  7.420   6/25/2012     EUR    69.50
UBS AG                  7.420   6/25/2012     EUR    59.52
UBS AG                  7.560   6/25/2012     EUR    68.78
UBS AG                  7.670   6/25/2012     EUR    69.52
UBS AG                  7.690   6/25/2012     EUR    27.44
UBS AG                  7.710   6/25/2012     EUR    28.90
UBS AG                  7.720   6/25/2012     EUR    57.36
UBS AG                  7.770   6/25/2012     EUR    51.82
UBS AG                  7.870   6/25/2012     EUR    67.00
UBS AG                  7.870   6/25/2012     EUR    69.54
UBS AG                  7.890   6/25/2012     EUR    59.58
UBS AG                  7.960   6/25/2012     EUR    27.48
UBS AG                  8.000   6/25/2012     EUR    57.38
UBS AG                  8.070   6/25/2012     EUR    68.82
UBS AG                  8.220   6/25/2012     EUR    27.50
UBS AG                  8.270   6/25/2012     EUR    57.40
UBS AG                  8.320   6/25/2012     EUR    59.60
UBS AG                  8.360   6/25/2012     EUR    67.02
UBS AG                  8.490   6/25/2012     EUR    51.88
UBS AG                  8.490   6/25/2012     EUR    28.96
UBS AG                  8.510   6/25/2012     EUR    57.42
UBS AG                  8.540   6/25/2012     EUR    68.86
UBS AG                  8.690   6/25/2012     EUR    27.54
UBS AG                  8.720   6/25/2012     EUR    59.64
UBS AG                  8.720   6/25/2012     EUR    57.44
UBS AG                  8.810   6/25/2012     EUR    67.06
UBS AG                  8.910   6/25/2012     EUR    57.46
UBS AG                  8.950   6/25/2012     EUR    68.90
UBS AG                  9.080   6/25/2012     EUR    59.68
UBS AG                  9.080   6/25/2012     EUR    57.48
UBS AG                  9.090   6/25/2012     EUR    27.56
UBS AG                  9.130   6/25/2012     EUR    51.92
UBS AG                  9.200   6/25/2012     EUR    67.10
UBS AG                  9.220   6/25/2012     EUR    29.02
UBS AG                  9.310   6/25/2012     EUR    68.92
UBS AG                  9.330   6/25/2012     EUR    57.50
UBS AG                  9.390   6/25/2012     EUR    59.70
UBS AG                  9.430   6/25/2012     EUR    27.60
UBS AG                  9.550   6/25/2012     EUR    67.12
UBS AG                  9.610   6/25/2012     EUR    68.96
UBS AG                  9.660   6/25/2012     EUR    59.72
UBS AG                  9.700   6/25/2012     EUR    51.98
UBS AG                  9.710   6/25/2012     EUR    27.62
UBS AG                  9.860   6/25/2012     EUR    67.16
UBS AG                  9.890   6/25/2012     EUR    59.74
UBS AG                  9.900   6/25/2012     EUR    29.08
UBS AG                  9.920   6/25/2012     EUR    27.64
UBS AG                 10.040   6/25/2012     EUR    56.44
UBS AG                 10.120   6/25/2012     EUR    67.18
UBS AG                 10.190   6/25/2012     EUR    52.02
UBS AG                 10.330   6/25/2012     EUR    67.18
UBS AG                 10.420   6/25/2012     EUR    56.46
UBS AG                 10.500   6/25/2012     EUR    29.12
UBS AG                 10.510   6/25/2012     EUR    67.20
UBS AG                 10.590   6/25/2012     EUR    52.06
UBS AG                 10.650   6/25/2012     EUR    67.22
UBS AG                 10.770   6/25/2012     EUR    56.50
UBS AG                 10.920   6/25/2012     EUR    52.08
UBS AG                 11.030   6/25/2012     EUR    29.18
UBS AG                 11.080   6/25/2012     EUR    56.52
UBS AG                 11.180   6/25/2012     EUR    52.10
UBS AG                 11.360   6/25/2012     EUR    56.54
UBS AG                 11.380   6/25/2012     EUR    52.12
UBS AG                 11.480   6/25/2012     EUR    29.20
UBS AG                 11.600   6/25/2012     EUR    56.58
UBS AG                 11.810   6/25/2012     EUR    56.58
UBS AG                 11.860   6/25/2012     EUR    29.24
UBS AG                 11.990   6/25/2012     EUR    56.60
UBS AG                 12.140   6/25/2012     EUR    56.60
UBS AG                 12.170   6/25/2012     EUR    29.26
UBS AG                 12.270   6/25/2012     EUR    56.62
UBS AG                 12.370   6/25/2012     EUR    56.62
UBS AG                 12.410   6/25/2012     EUR    29.28
UBS AG                 12.450   6/25/2012     EUR    56.64
UBS AG                 12.510   6/25/2012     EUR    56.64
UBS AG                 12.610   6/25/2012     EUR    29.30
UBS AG                 12.750   6/25/2012     EUR    29.32
UBS AG                 10.200   6/29/2012     CHF    71.30
UBS AG                 12.000   6/29/2012     EUR    56.70
UBS AG                 12.100   6/29/2012     CHF    66.30
UBS AG                 13.700   6/29/2012     EUR    73.20
UBS AG                 14.400   6/29/2012     CHF    42.45
UBS AG                  8.000   7/18/2012     CHF    71.80
UBS AG                 10.020   7/20/2012     USD    10.92
UBS AG                 10.600   7/20/2012     CHF    60.00
UBS AG                 10.960   7/20/2012     USD    24.73
UBS AG                 12.000   7/25/2012     EUR    58.90
UBS AG                  8.460   7/31/2012     USD    30.68
UBS AG                 12.040   7/31/2012     USD    12.70
UBS AG                 10.000    8/2/2012     CHF    59.60
UBS AG                 10.200    8/2/2012     CHF    71.45
UBS AG                 10.500    8/2/2012     EUR    53.75
UBS AG                 11.000    8/2/2012     EUR    54.30
UBS AG                 11.500    8/2/2012     CHF    63.75
UBS AG                  9.500   8/10/2012     USD    28.61
UBS AG                 13.500   8/15/2012     CHF    74.40
UBS AG                 17.250   8/15/2012     EUR    49.05
UBS AG                 14.000   8/27/2012     CHF    67.65
UBS AG                  9.430   8/31/2012     USD    33.27
UBS AG                 11.460   8/31/2012     EUR    73.62
UBS AG                 12.570   8/31/2012     EUR    72.10
UBS AG                  9.070    9/3/2012     EUR    57.60
UBS AG                 11.600    9/3/2012     EUR    74.74
UBS AG                 13.630    9/3/2012     EUR    71.22
UBS AG                 13.980    9/3/2012     EUR    69.58
UBS AG                 15.150    9/3/2012     EUR    68.86
UBS AG                 16.600    9/3/2012     EUR    71.10
UBS AG                 17.640    9/3/2012     EUR    65.54
UBS AG                 17.730    9/3/2012     EUR    64.20
UBS AG                 18.180    9/3/2012     EUR    73.38
UBS AG                 19.660    9/3/2012     EUR    65.78
UBS AG                 20.830    9/3/2012     EUR    71.04
UBS AG                 13.000   9/21/2012     EUR    61.74
UBS AG                 22.700   9/21/2012     EUR    58.70
UBS AG                  8.530   9/28/2012     EUR    70.18
UBS AG                  8.810   9/28/2012     EUR    72.42
UBS AG                  9.750   9/28/2012     EUR    67.80
UBS AG                  9.830   9/28/2012     EUR    69.96
UBS AG                 10.440   9/28/2012     EUR    74.24
UBS AG                 10.580   9/28/2012     EUR    74.46
UBS AG                 10.900   9/28/2012     EUR    67.70
UBS AG                 11.040   9/28/2012     EUR    65.66
UBS AG                 11.130   9/28/2012     EUR    74.12
UBS AG                 11.320   9/28/2012     EUR    73.32
UBS AG                 11.360   9/28/2012     EUR    72.68
UBS AG                 12.020   9/28/2012     EUR    65.62
UBS AG                 12.030   9/28/2012     EUR    74.76
UBS AG                 12.100   9/28/2012     EUR    72.24
UBS AG                 12.290   9/28/2012     EUR    71.18
UBS AG                 12.300   9/28/2012     EUR    72.42
UBS AG                 12.390   9/28/2012     EUR    63.72
UBS AG                 12.890   9/28/2012     EUR    71.20
UBS AG                 13.180   9/28/2012     EUR    63.72
UBS AG                 13.230   9/28/2012     EUR    69.74
UBS AG                 13.490   9/28/2012     EUR    72.54
UBS AG                 13.500   9/28/2012     EUR    70.84
UBS AG                 13.700   9/28/2012     EUR    70.22
UBS AG                 13.800   9/28/2012     EUR    61.96
UBS AG                 14.180   9/28/2012     EUR    68.38
UBS AG                 14.390   9/28/2012     EUR    62.00
UBS AG                 14.740   9/28/2012     EUR    69.38
UBS AG                 15.020   9/28/2012     EUR    70.52
UBS AG                 15.130   9/28/2012     EUR    67.08
UBS AG                 15.240   9/28/2012     EUR    60.38
UBS AG                 15.370   9/28/2012     EUR    68.40
UBS AG                 15.640   9/28/2012     EUR    60.42
UBS AG                 15.770   9/28/2012     EUR    74.50
UBS AG                 16.000   9/28/2012     EUR    68.02
UBS AG                 16.090   9/28/2012     EUR    65.86
UBS AG                 16.490   9/28/2012     EUR    73.26
UBS AG                 16.620   9/28/2012     EUR    68.70
UBS AG                 16.720   9/28/2012     EUR    58.94
UBS AG                 16.930   9/28/2012     EUR    59.00
UBS AG                 17.050   9/28/2012     EUR    64.72
UBS AG                 17.090   9/28/2012     EUR    66.78
UBS AG                 17.280   9/28/2012     EUR    66.76
UBS AG                 17.920   9/28/2012     EUR    70.92
UBS AG                 18.020   9/28/2012     EUR    63.62
UBS AG                 18.220   9/28/2012     EUR    57.66
UBS AG                 18.240   9/28/2012     EUR    57.70
UBS AG                 18.250   9/28/2012     EUR    67.04
UBS AG                 18.580   9/28/2012     EUR    65.60
UBS AG                 19.000   9/28/2012     EUR    62.60
UBS AG                 19.330   9/28/2012     EUR    68.72
UBS AG                 19.580   9/28/2012     EUR    56.54
UBS AG                 19.880   9/28/2012     EUR    64.52
UBS AG                 19.910   9/28/2012     EUR    65.54
UBS AG                 19.990   9/28/2012     EUR    61.64
UBS AG                 20.740   9/28/2012     EUR    66.72
UBS AG                 20.920   9/28/2012     EUR    55.46
UBS AG                 21.970   9/28/2012     EUR    59.86
UBS AG                 22.150   9/28/2012     EUR    64.88
UBS AG                 23.560   9/28/2012     EUR    63.18
UBS AG                 24.960   9/28/2012     EUR    61.64
UBS AG                  7.030   10/1/2012     EUR    71.22
UBS AG                  7.040   10/1/2012     EUR    70.60
UBS AG                  7.140   10/1/2012     EUR    29.28
UBS AG                  7.190   10/1/2012     EUR    59.14
UBS AG                  7.210   10/1/2012     EUR    71.28
UBS AG                  7.240   10/1/2012     EUR    61.44
UBS AG                  7.380   10/1/2012     EUR    29.36
UBS AG                  7.380   10/1/2012     EUR    71.34
UBS AG                  7.380   10/1/2012     EUR    68.70
UBS AG                  7.450   10/1/2012     EUR    59.24
UBS AG                  7.460   10/1/2012     EUR    53.78
UBS AG                  7.470   10/1/2012     EUR    70.74
UBS AG                  7.610   10/1/2012     EUR    61.58
UBS AG                  7.620   10/1/2012     EUR    29.44
UBS AG                  7.660   10/1/2012     EUR    30.90
UBS AG                  7.680   10/1/2012     EUR    59.32
UBS AG                  7.810   10/1/2012     EUR    68.86
UBS AG                  7.840   10/1/2012     EUR    29.52
UBS AG                  7.850   10/1/2012     EUR    70.88
UBS AG                  7.900   10/1/2012     EUR    59.40
UBS AG                  7.940   10/1/2012     EUR    61.70
UBS AG                  8.050   10/1/2012     EUR    29.60
UBS AG                  8.090   10/1/2012     EUR    59.46
UBS AG                  8.090   10/1/2012     EUR    53.96
UBS AG                  8.200   10/1/2012     EUR    68.98
UBS AG                  8.200   10/1/2012     EUR    71.00
UBS AG                  8.240   10/1/2012     EUR    61.82
UBS AG                  8.260   10/1/2012     EUR    59.52
UBS AG                  8.310   10/1/2012     EUR    31.12
UBS AG                  8.400   10/1/2012     EUR    59.58
UBS AG                  8.420   10/1/2012     EUR    29.72
UBS AG                  8.490   10/1/2012     EUR    71.10
UBS AG                  8.500   10/1/2012     EUR    61.88
UBS AG                  8.530   10/1/2012     EUR    59.62
UBS AG                  8.540   10/1/2012     EUR    69.10
UBS AG                  8.720   10/1/2012     EUR    61.96
UBS AG                  8.720   10/1/2012     EUR    59.68
UBS AG                  8.730   10/1/2012     EUR    29.82
UBS AG                  8.740   10/1/2012     EUR    71.18
UBS AG                  8.850   10/1/2012     EUR    69.22
UBS AG                  8.910   10/1/2012     EUR    31.34
UBS AG                  8.910   10/1/2012     EUR    62.04
UBS AG                  8.950   10/1/2012     EUR    71.30
UBS AG                  9.060   10/1/2012     EUR    62.12
UBS AG                  9.110   10/1/2012     EUR    69.34
UBS AG                  9.160   10/1/2012     EUR    54.34
UBS AG                  9.200   10/1/2012     EUR    30.00
UBS AG                  9.340   10/1/2012     EUR    69.38
UBS AG                  9.360   10/1/2012     EUR    30.04
UBS AG                  9.440   10/1/2012     EUR    31.52
UBS AG                  9.530   10/1/2012     EUR    69.48
UBS AG                  9.540   10/1/2012     EUR    58.68
UBS AG                  9.580   10/1/2012     EUR    54.48
UBS AG                  9.690   10/1/2012     EUR    69.50
UBS AG                  9.820   10/1/2012     EUR    69.58
UBS AG                  9.860   10/1/2012     EUR    58.82
UBS AG                  9.900   10/1/2012     EUR    30.28
UBS AG                  9.910   10/1/2012     EUR    31.68
UBS AG                  9.920   10/1/2012     EUR    69.58
UBS AG                  9.930   10/1/2012     EUR    54.60
UBS AG                 10.150   10/1/2012     EUR    58.88
UBS AG                 10.220   10/1/2012     EUR    54.70
UBS AG                 10.310   10/1/2012     EUR    31.82
UBS AG                 10.410   10/1/2012     EUR    58.98
UBS AG                 10.440   10/1/2012     EUR    54.78
UBS AG                 10.620   10/1/2012     EUR    54.88
UBS AG                 10.640   10/1/2012     EUR    59.06
UBS AG                 10.650   10/1/2012     EUR    31.94
UBS AG                 10.740   10/1/2012     EUR    54.88
UBS AG                 10.840   10/1/2012     EUR    59.12
UBS AG                 10.930   10/1/2012     EUR    32.04
UBS AG                 11.010   10/1/2012     EUR    59.18
UBS AG                 11.150   10/1/2012     EUR    32.12
UBS AG                 11.160   10/1/2012     EUR    59.24
UBS AG                 11.280   10/1/2012     EUR    59.28
UBS AG                 11.330   10/1/2012     EUR    32.18
UBS AG                 11.380   10/1/2012     EUR    59.32
UBS AG                 11.460   10/1/2012     EUR    59.34
UBS AG                 11.460   10/1/2012     EUR    32.22
UBS AG                 11.530   10/1/2012     EUR    59.38
UBS AG                 11.560   10/1/2012     EUR    32.26
UBS AG                 11.580   10/1/2012     EUR    59.38
UBS AG                 13.820   10/3/2012     USD    13.36
UBS AG                  9.180   10/4/2012     CHF    74.15
UBS AG                  9.920   10/4/2012     CHF    62.00
UBS AG                 10.320   10/4/2012     CHF    62.05
UBS AG                 12.850  10/17/2012     USD    12.32
UBS AG                 12.760  10/18/2012     USD    13.46
UBS AG                 12.240  10/26/2012     EUR    71.70
UBS AG                 13.570  10/26/2012     EUR    70.58
UBS AG                 16.390  10/26/2012     EUR    68.60
UBS AG                 12.500   11/1/2012     EUR    70.40
UBS AG                  6.070  11/12/2012     EUR    57.88
UBS AG                  6.700  11/12/2012     EUR    49.08
UBS AG                  7.740  11/12/2012     EUR    73.36
UBS AG                  8.280  11/12/2012     EUR    61.80
UBS AG                  8.280  11/12/2012     EUR    61.80
UBS AG                  8.370  11/12/2012     EUR    53.50
UBS AG                  8.590  11/12/2012     EUR    54.42
UBS AG                  8.740  11/12/2012     EUR    74.90
UBS AG                  8.780  11/12/2012     EUR    72.52
UBS AG                  9.020  11/12/2012     EUR    48.14
UBS AG                  9.470  11/12/2012     EUR    45.18
UBS AG                  9.640  11/12/2012     EUR    73.40
UBS AG                  9.650  11/12/2012     EUR    44.78
UBS AG                  9.840  11/12/2012     EUR    73.06
UBS AG                 10.930  11/12/2012     EUR    45.40
UBS AG                 11.260  11/12/2012     EUR    49.66
UBS AG                 11.660  11/12/2012     EUR    42.18
UBS AG                 12.000  11/12/2012     EUR    67.64
UBS AG                 13.560  11/12/2012     EUR    43.12
UBS AG                 13.600  11/12/2012     EUR    42.08
UBS AG                  8.080  12/21/2012     EUR    71.28
UBS AG                  8.150  12/21/2012     EUR    73.20
UBS AG                  9.000  12/21/2012     EUR    71.08
UBS AG                  9.100  12/21/2012     EUR    69.24
UBS AG                  9.730  12/21/2012     EUR    74.18
UBS AG                  9.890  12/21/2012     EUR    69.10
UBS AG                 10.060  12/21/2012     EUR    74.84
UBS AG                 10.160  12/21/2012     EUR    67.36
UBS AG                 10.490  12/21/2012     EUR    72.92
UBS AG                 10.690  12/21/2012     EUR    73.90
UBS AG                 10.810  12/21/2012     EUR    67.28
UBS AG                 11.000  12/21/2012     EUR    74.06
UBS AG                 11.260  12/21/2012     EUR    71.72
UBS AG                 11.270  12/21/2012     EUR    65.66
UBS AG                 11.330  12/21/2012     EUR    73.00
UBS AG                 11.770  12/21/2012     EUR    65.62
UBS AG                 11.970  12/21/2012     EUR    72.70
UBS AG                 11.980  12/21/2012     EUR    72.16
UBS AG                 12.020  12/21/2012     EUR    70.56
UBS AG                 12.140  12/21/2012     EUR    74.54
UBS AG                 12.200  12/21/2012     EUR    63.58
UBS AG                 12.400  12/21/2012     EUR    64.14
UBS AG                 12.760  12/21/2012     EUR    64.12
UBS AG                 12.800  12/21/2012     EUR    69.48
UBS AG                 12.970  12/21/2012     EUR    71.44
UBS AG                 13.320  12/21/2012     EUR    70.58
UBS AG                 13.360  12/21/2012     EUR    72.76
UBS AG                 13.560  12/21/2012     EUR    62.76
UBS AG                 13.570  12/21/2012     EUR    68.42
UBS AG                 13.770  12/21/2012     EUR    62.74
UBS AG                 13.980  12/21/2012     EUR    70.28
UBS AG                 14.350  12/21/2012     EUR    67.44
UBS AG                 14.610  12/21/2012     EUR    71.16
UBS AG                 14.690  12/21/2012     EUR    69.18
UBS AG                 14.740  12/21/2012     EUR    61.52
UBS AG                 14.810  12/21/2012     EUR    61.50
UBS AG                 15.000  12/21/2012     EUR    69.20
UBS AG                 15.130  12/21/2012     EUR    66.50
UBS AG                 15.860  12/21/2012     EUR    60.38
UBS AG                 15.900  12/21/2012     EUR    69.72
UBS AG                 15.920  12/21/2012     EUR    65.62
UBS AG                 15.930  12/21/2012     EUR    60.42
UBS AG                 16.030  12/21/2012     EUR    68.22
UBS AG                 16.600  12/21/2012     EUR    60.18
UBS AG                 16.710  12/21/2012     EUR    64.80
UBS AG                 16.930  12/21/2012     EUR    59.38
UBS AG                 17.070  12/21/2012     EUR    67.30
UBS AG                 17.200  12/21/2012     EUR    68.42
UBS AG                 17.500  12/21/2012     EUR    64.02
UBS AG                 18.000  12/21/2012     EUR    58.48
UBS AG                 19.090  12/21/2012     EUR    62.60
UBS AG                 15.990    1/4/2013     EUR    73.28
UBS AG                 17.150    1/4/2013     EUR    71.52
UBS AG                 18.300    1/4/2013     EUR    69.90
UBS AG                 19.440    1/4/2013     EUR    68.40
UBS AG                 20.570    1/4/2013     EUR    67.04
UBS AG                 21.700    1/4/2013     EUR    65.78
UBS AG                 10.390   1/18/2013     USD    36.86
UBS AG                 11.020   1/25/2013     EUR    72.30
UBS AG                 12.010   1/25/2013     EUR    71.42
UBS AG                 14.070   1/25/2013     EUR    69.88
UBS AG                 10.590   2/22/2013     EUR    72.38
UBS AG                 10.960   2/22/2013     EUR    72.44
UBS AG                 12.680   2/22/2013     EUR    71.70
UBS AG                 12.690   2/22/2013     EUR    73.06
UBS AG                 13.070   2/22/2013     EUR    68.40
UBS AG                 13.660   2/22/2013     EUR    68.70
UBS AG                 14.850   2/22/2013     EUR    69.72
UBS AG                 15.800   2/22/2013     EUR    74.76
UBS AG                 13.760    3/6/2013     USD     6.38
UBS AG                 10.000    3/7/2013     USD    67.25
UBS AG                  9.850   3/22/2013     USD    20.47
UBS AG                  9.650   4/11/2013     USD    34.27
UBS AG                 11.250   4/11/2013     USD    26.20
UBS AG                 10.170   4/26/2013     EUR    72.72
UBS AG                 10.970   4/26/2013     EUR    72.04
UBS AG                 12.610   4/26/2013     EUR    70.82
UBS AG                  9.650   8/23/2013     USD    32.42
UBS AG                 10.200   9/20/2013     EUR    66.30
UBS AG                 12.900   9/20/2013     EUR    64.76
UBS AG                 15.900   9/20/2013     EUR    64.42
UBS AG                 11.020  10/21/2013     USD    58.10
UBS AG                  0.500   4/27/2015     CHF    48.70
UBS AG                  8.660   10/1/2012     EUR    54.16
UBS AG JERSEY           3.220   7/31/2012     EUR    30.64

UNITED KINGDOM
--------------
ALLIANC&LEIC BLD        5.875   8/14/2031     GBP    72.75
ALPHA CREDIT GRP        5.500   6/20/2013     EUR    69.13
ALPHA CREDIT GRP        3.250   2/25/2013     EUR    72.63
ALPHA CREDIT GRP        6.000   6/20/2014     EUR    52.63
ALPHA CREDIT GRP        4.500   6/21/2013     EUR    64.50
BAKKAVOR FIN 2          8.250   2/15/2018     GBP    79.40
BANK NADRA              8.000   6/22/2017     USD    51.00
BARCLAYS BK PLC        11.070   8/31/2012     USD    31.84
BARCLAYS BK PLC         9.000   8/28/2012     USD     8.95
BARCLAYS BK PLC        10.800   7/31/2012     USD    26.51
BARCLAYS BK PLC        11.500   7/27/2012     USD     7.71
BARCLAYS BK PLC         7.000   7/27/2012     USD     9.69
BARCLAYS BK PLC        10.000   7/20/2012     USD     6.42
BARCLAYS BK PLC         8.000   6/29/2012     USD     9.36
BARCLAYS BK PLC        16.750   6/22/2012     EUR    53.76
BARCLAYS BK PLC        15.000   6/22/2012     EUR    47.19
BARCLAYS BK PLC        14.500   6/22/2012     EUR    49.93
BARCLAYS BK PLC        14.500   6/22/2012     EUR    37.79
BARCLAYS BK PLC        14.000   6/22/2012     EUR    73.51
BARCLAYS BK PLC        13.750   6/22/2012     EUR    50.38
BARCLAYS BK PLC        13.750   6/22/2012     EUR    45.63
BARCLAYS BK PLC        13.500   6/22/2012     EUR    65.83
BARCLAYS BK PLC        13.500   6/22/2012     EUR    71.62
BARCLAYS BK PLC        13.500   6/22/2012     EUR    62.43
BARCLAYS BK PLC        13.000   6/22/2012     EUR    55.77
BARCLAYS BK PLC        12.750   6/22/2012     EUR    41.05
BARCLAYS BK PLC        12.000   6/22/2012     EUR    74.07
BARCLAYS BK PLC        12.000   6/22/2012     EUR    45.95
BARCLAYS BK PLC        12.000   6/22/2012     EUR    69.83
BARCLAYS BK PLC        12.000   6/22/2012     EUR    70.89
BARCLAYS BK PLC        12.000   6/22/2012     EUR    58.21
BARCLAYS BK PLC        11.750   6/22/2012     EUR    51.13
BARCLAYS BK PLC        11.500   6/22/2012     EUR    42.59
BARCLAYS BK PLC        11.500   6/22/2012     EUR    52.21
BARCLAYS BK PLC        11.000   6/22/2012     EUR    47.55
BARCLAYS BK PLC        15.000   6/22/2012     EUR    73.31
BARCLAYS BK PLC        10.750   6/22/2012     EUR    59.35
BARCLAYS BK PLC        10.750   6/22/2012     EUR    74.78
BARCLAYS BK PLC        10.500   6/22/2012     EUR    48.24
BARCLAYS BK PLC        10.500   6/22/2012     EUR    73.79
BARCLAYS BK PLC        10.500   6/22/2012     EUR    50.67
BARCLAYS BK PLC        10.500   6/22/2012     EUR    49.20
BARCLAYS BK PLC        10.000   6/22/2012     EUR    72.52
BARCLAYS BK PLC        10.000   6/22/2012     EUR    72.48
BARCLAYS BK PLC        10.000   6/22/2012     EUR    53.64
BARCLAYS BK PLC        10.000   6/22/2012     EUR    73.11
BARCLAYS BK PLC        10.000   6/22/2012     EUR    74.95
BARCLAYS BK PLC         9.750   6/22/2012     EUR    51.31
BARCLAYS BK PLC         9.500   6/22/2012     EUR    62.36
BARCLAYS BK PLC         9.000   6/22/2012     EUR    74.92
BARCLAYS BK PLC         8.750   6/22/2012     EUR    63.47
BARCLAYS BK PLC         8.500   6/22/2012     EUR    52.11
BARCLAYS BK PLC         8.250   6/22/2012     EUR    52.77
BARCLAYS BK PLC         8.000   6/22/2012     EUR    62.16
BARCLAYS BK PLC         8.000   6/22/2012     EUR    59.27
BARCLAYS BK PLC         8.000   6/22/2012     EUR    71.41
BARCLAYS BK PLC        10.750   6/22/2012     EUR    43.97
BARCLAYS BK PLC         8.000   6/22/2012     EUR    56.59
BARCLAYS BK PLC         8.000   6/22/2012     EUR    73.26
BARCLAYS BK PLC         8.000   6/22/2012     EUR    71.65
BARCLAYS BK PLC         8.000   6/22/2012     EUR    50.23
BARCLAYS BK PLC         7.250   6/22/2012     EUR    54.08
BARCLAYS BK PLC         7.000   6/22/2012     EUR    55.36
BARCLAYS BK PLC         7.000   6/22/2012     EUR    60.62
BARCLAYS BK PLC         7.000   6/22/2012     EUR    50.38
BARCLAYS BK PLC         7.000   6/22/2012     EUR    67.87
BARCLAYS BK PLC         6.000   6/22/2012     EUR    57.49
BARCLAYS BK PLC         6.000   6/22/2012     EUR    52.85
BARCLAYS BK PLC         6.000   6/22/2012     EUR    54.58
BARCLAYS BK PLC         6.000   6/22/2012     EUR    69.70
BARCLAYS BK PLC         6.000   6/22/2012     EUR    60.96
BARCLAYS BK PLC         6.000   6/22/2012     EUR    64.26
BARCLAYS BK PLC         6.000   6/22/2012     EUR    70.83
BARCLAYS BK PLC        26.000    6/8/2012     EUR    71.68
BARCLAYS BK PLC        16.080    6/8/2012     EUR    58.75
BARCLAYS BK PLC        15.750    6/8/2012     EUR    53.02
BARCLAYS BK PLC        14.220    6/8/2012     EUR    56.67
BARCLAYS BK PLC         8.000   6/22/2012     EUR    46.11
BARCLAYS BK PLC        12.500    6/8/2012     EUR    47.64
BARCLAYS BK PLC        12.000    6/8/2012     EUR    74.82
BARCLAYS BK PLC        12.000    6/8/2012     EUR    53.02
BARCLAYS BK PLC        11.750    6/8/2012     EUR    41.29
BARCLAYS BK PLC        11.250    6/8/2012     EUR    68.39
BARCLAYS BK PLC        11.090    6/8/2012     EUR    50.14
BARCLAYS BK PLC        11.000    6/8/2012     EUR    53.27
BARCLAYS BK PLC        11.000    6/8/2012     EUR    70.53
BARCLAYS BK PLC        11.000    6/8/2012     EUR    66.95
BARCLAYS BK PLC        11.000    6/8/2012     EUR    59.01
BARCLAYS BK PLC        11.000    6/8/2012     EUR    52.17
BARCLAYS BK PLC        10.780    6/8/2012     EUR    61.98
BARCLAYS BK PLC        10.520    6/8/2012     EUR    59.12
BARCLAYS BK PLC        10.500    6/8/2012     EUR    70.65
BARCLAYS BK PLC        10.500    6/8/2012     EUR    45.13
BARCLAYS BK PLC        10.250    6/8/2012     EUR    72.69
BARCLAYS BK PLC        10.250    6/8/2012     EUR    50.74
BARCLAYS BK PLC         9.850    6/8/2012     EUR    74.42
BARCLAYS BK PLC         9.750    6/8/2012     EUR    65.20
BARCLAYS BK PLC         9.750    6/8/2012     EUR    45.36
BARCLAYS BK PLC        13.000    6/8/2012     EUR    40.74
BARCLAYS BK PLC         9.250    6/8/2012     EUR    61.87
BARCLAYS BK PLC         9.000    6/8/2012     EUR    74.82
BARCLAYS BK PLC         9.000    6/8/2012     EUR    74.46
BARCLAYS BK PLC         9.000    6/8/2012     EUR    74.13
BARCLAYS BK PLC         9.000    6/8/2012     EUR    68.03
BARCLAYS BK PLC         9.000    6/8/2012     EUR    71.06
BARCLAYS BK PLC         8.500    6/8/2012     EUR    44.84
BARCLAYS BK PLC         8.250    6/8/2012     EUR    50.64
BARCLAYS BK PLC         8.250    6/8/2012     EUR    58.25
BARCLAYS BK PLC         8.000    6/8/2012     EUR    48.50
BARCLAYS BK PLC         8.000    6/8/2012     EUR    58.85
BARCLAYS BK PLC         8.000    6/8/2012     EUR    67.43
BARCLAYS BK PLC         8.000    6/8/2012     EUR    54.93
BARCLAYS BK PLC         8.000    6/8/2012     EUR    63.96
BARCLAYS BK PLC         7.000    6/8/2012     EUR    56.21
BARCLAYS BK PLC         7.000    6/8/2012     EUR    64.99
BARCLAYS BK PLC         7.000    6/8/2012     EUR    68.69
BARCLAYS BK PLC         6.000    6/8/2012     EUR    63.16
BARCLAYS BK PLC         5.000    6/8/2012     EUR    70.32
BARCLAYS BK PLC         5.000    6/8/2012     EUR    61.16
BARCLAYS BK PLC         9.500    6/8/2012     EUR    59.58
BARCLAYS BK PLC         0.500   9/24/2019     AUD    65.01
BARCLAYS BK PLC         0.500   12/3/2017     AUD    73.37
BARCLAYS BK PLC        11.500   6/28/2013     EUR    48.13
BARCLAYS BK PLC        11.000   6/28/2013     EUR    49.74
BARCLAYS BK PLC        10.500   6/28/2013     EUR    73.76
BARCLAYS BK PLC        10.000   6/28/2013     EUR    51.14
BARCLAYS BK PLC         8.000   6/28/2013     EUR    52.61
BARCLAYS BK PLC         7.000   4/25/2013     EUR    71.33
BARCLAYS BK PLC        11.500   3/22/2013     EUR    46.12
BARCLAYS BK PLC        11.000   3/22/2013     EUR    73.21
BARCLAYS BK PLC        10.750   3/22/2013     EUR    48.35
BARCLAYS BK PLC        10.500   3/22/2013     EUR    73.38
BARCLAYS BK PLC        10.000   3/22/2013     EUR    49.31
BARCLAYS BK PLC         8.000   3/22/2013     EUR    50.88
BARCLAYS BK PLC        12.500    1/2/2013     EUR    53.48
BARCLAYS BK PLC        12.000    1/2/2013     EUR    44.11
BARCLAYS BK PLC        11.500    1/2/2013     EUR    56.75
BARCLAYS BK PLC        11.000    1/2/2013     EUR    72.03
BARCLAYS BK PLC        11.000    1/2/2013     EUR    73.17
BARCLAYS BK PLC        11.000    1/2/2013     EUR    46.65
BARCLAYS BK PLC        10.000    1/2/2013     EUR    47.93
BARCLAYS BK PLC        10.000    1/2/2013     EUR    57.57
BARCLAYS BK PLC         9.500    1/2/2013     EUR    48.40
BARCLAYS BK PLC         8.750    1/2/2013     EUR    58.45
BARCLAYS BK PLC         8.500    1/2/2013     EUR    62.03
BARCLAYS BK PLC         8.000    1/2/2013     EUR    49.51
BARCLAYS BK PLC         7.000    1/2/2013     EUR    52.85
BARCLAYS BK PLC         7.000    1/2/2013     EUR    63.14
BARCLAYS BK PLC         6.000    1/2/2013     EUR    66.75
BARCLAYS BK PLC         6.000    1/2/2013     EUR    55.41
BARCLAYS BK PLC        12.730  12/14/2012     EUR    63.31
BARCLAYS BK PLC        12.500  12/14/2012     EUR    58.83
BARCLAYS BK PLC        11.000  12/14/2012     EUR    46.73
BARCLAYS BK PLC        10.930  12/14/2012     EUR    62.00
BARCLAYS BK PLC        10.500  12/14/2012     EUR    53.26
BARCLAYS BK PLC         9.500  12/14/2012     EUR    58.48
BARCLAYS BK PLC         8.750  12/14/2012     EUR    50.32
BARCLAYS BK PLC         8.000  12/14/2012     EUR    67.73
BARCLAYS BK PLC         8.000  12/14/2012     EUR    58.13
BARCLAYS BK PLC         7.000  12/14/2012     EUR    72.02
BARCLAYS BK PLC         9.000  10/16/2012     USD    11.08
BARCLAYS BK PLC         8.500  10/16/2012     USD    10.73
BARCLAYS BK PLC        14.000   10/1/2012     USD    10.32
BARCLAYS BK PLC         9.000   10/1/2012     USD     9.96
BARCLAYS BK PLC        13.500   9/28/2012     EUR    50.76
BARCLAYS BK PLC        13.000   9/28/2012     EUR    41.18
BARCLAYS BK PLC        12.500   9/28/2012     EUR    53.73
BARCLAYS BK PLC        12.000   9/28/2012     EUR    69.36
BARCLAYS BK PLC        11.750   9/28/2012     EUR    44.18
BARCLAYS BK PLC        11.000   9/28/2012     EUR    73.53
BARCLAYS BK PLC        10.500   9/28/2012     EUR    72.10
BARCLAYS BK PLC        10.500   9/28/2012     EUR    55.35
BARCLAYS BK PLC        10.500   9/28/2012     EUR    45.75
BARCLAYS BK PLC        10.000   9/28/2012     EUR    46.62
BARCLAYS BK PLC         9.500   9/28/2012     EUR    55.89
BARCLAYS BK PLC         8.500   9/28/2012     EUR    60.84
BARCLAYS BK PLC         8.000   9/28/2012     USD    10.44
BARCLAYS BK PLC         8.000   9/28/2012     EUR    48.07
BARCLAYS BK PLC         7.000   9/28/2012     EUR    62.34
BARCLAYS BK PLC         7.000   9/28/2012     EUR    52.03
BARCLAYS BK PLC         6.000   9/28/2012     EUR    66.06
BARCLAYS BK PLC         6.000   9/28/2012     EUR    54.61
BARCLAYS BK PLC        11.000   9/19/2012     EUR    72.21
BARCLAYS BK PLC        14.070   9/14/2012     EUR    61.60
BARCLAYS BK PLC        13.750   9/14/2012     EUR    56.37
BARCLAYS BK PLC        12.200   9/14/2012     EUR    59.78
BARCLAYS BK PLC        12.000   9/14/2012     EUR    43.85
BARCLAYS BK PLC        11.000   9/14/2012     EUR    50.92
BARCLAYS BK PLC        10.250   9/14/2012     EUR    70.77
BARCLAYS BK PLC        10.250   9/14/2012     EUR    55.96
BARCLAYS BK PLC         9.250   9/14/2012     EUR    48.04
BARCLAYS BK PLC         8.000   9/14/2012     EUR    67.42
BARCLAYS BK PLC         8.000   9/14/2012     EUR    56.35
BARCLAYS BK PLC         7.000   9/14/2012     EUR    73.46
BARCLAYS BK PLC         8.000   9/11/2012     USD    10.85
BARCLAYS BK PLC         8.000   9/11/2012     USD    10.63
BARCLAYS BK PLC         5.000    6/8/2012     EUR    74.61
CO-OPERATIVE BNK        5.750   12/2/2024     GBP    73.96
CO-OPERATIVE BNK        5.875   3/28/2033     GBP    72.36
CO-OPERATIVE BNK        5.625  11/16/2021     GBP    75.90
DUNFERMLINE BS          6.000   3/31/2015     GBP     0.75
EFG HELLAS PLC          5.400   11/2/2047     EUR    13.63
EFG HELLAS PLC          4.375   2/11/2013     EUR    75.00
EMPORIKI GRP FIN        5.000   12/2/2021     EUR    31.63
EMPORIKI GRP FIN        4.350   7/22/2014     EUR    52.38
EMPORIKI GRP FIN        5.100   12/9/2021     EUR    32.00
EMPORIKI GRP FIN        5.000   2/24/2022     EUR    31.13
EMPORIKI GRP FIN        6.000   5/18/2022     EUR    34.50
ENTERPRISE INNS         6.875    5/9/2025     GBP    67.27
ENTERPRISE INNS         6.375   9/26/2031     GBP    65.67
ENTERPRISE INNS         6.875   2/15/2021     GBP    72.43
ESSAR ENERGY            4.250    2/1/2016     USD    61.69
F&C ASSET MNGMT         6.750  12/20/2026     GBP    65.50
GALA ELECTRIC CA       11.500    6/1/2019     GBP    69.38
GALA ELECTRIC CA       11.500    6/1/2019     GBP    69.70
GREENE KING FIN         5.702  12/15/2034     GBP   105.34
GS INTERNATIONAL        8.250  12/17/2012     EUR    66.25
GS INTERNATIONAL       13.000   6/28/2012     CHF    54.20
GS INTERNATIONAL        8.120    6/8/2012     CHF    73.00
GS INTERNATIONAL        5.150   5/31/2012     EUR    68.50
GS INTERNATIONAL        5.000   5/31/2012     USD    69.30
GS INTERNATIONAL        9.750   5/22/2012     CHF    48.40
HBOS PLC                4.500   3/18/2030     EUR    61.40
HBOS PLC                5.374   6/30/2021     EUR    67.13
HBOS PLC                4.375  10/30/2019     EUR    73.68
HBOS PLC                6.305  10/18/2017     GBP    74.45
HSBC BANK PLC           0.500  12/29/2022     AUD    56.47
HSBC BANK PLC           0.500   2/24/2023     AUD    57.19
HSBC BANK PLC           0.500  11/22/2021     AUD    63.71
HSBC BANK PLC           0.500   12/8/2026     AUD    48.50
HSBC BANK PLC           0.500  12/29/2026     AUD    48.35
HSBC BANK PLC           4.750   3/24/2046     GBP    72.82
HSBC BANK PLC           0.500    2/2/2023     AUD    53.62
HSBC BANK PLC           0.500    4/3/2023     AUD    59.26
HSBC BANK PLC           0.500   12/2/2022     AUD    60.30
HSBC BANK PLC           0.500  11/16/2018     AUD    71.90
LBG CAPITAL NO.1        6.439   5/23/2020     EUR    73.05
LBG CAPITAL NO.1        7.869   8/25/2020     GBP    79.97
LBG CAPITAL NO.2        6.385   5/12/2020     EUR    73.43
MATALAN                 9.625   3/31/2017     GBP    65.83
MATALAN                 9.625   3/31/2017     GBP    67.36
MAX PETROLEUM           6.750    9/8/2013     USD    46.76
NOMURA BANK INTL        0.800  12/21/2020     EUR    67.75
OTE PLC                 4.625   5/20/2016     EUR    54.00
OTE PLC                 5.000    8/5/2013     EUR    63.65
OTE PLC                 7.250    4/8/2014     EUR    58.53
PIRAEUS GRP FIN         4.000   9/17/2012     EUR    75.57
PRIVATBANK              5.799    2/9/2016     USD    70.01
PUNCH TAVERNS           5.883  10/15/2026     GBP    62.72
ROYAL BK SCOTLND        4.625   9/22/2021     EUR    69.92
ROYAL BK SCOTLND        6.250  12/20/2012     EUR    52.55
SPIRIT ISSUER           5.472  12/28/2028     GBP    71.84
THOMAS COOK GR          7.750   6/22/2017     GBP    48.75
THOMAS COOK GR          6.750   6/22/2015     EUR    58.59
UNIQUE PUB FIN          7.395   3/28/2024     GBP    61.80
UNIQUE PUB FIN          5.659   6/30/2027     GBP    72.77
UNIQUE PUB FIN          6.464   3/30/2032     GBP    43.11


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than US$3 per
share in public markets.  At first glance, this list may look
like the definitive compilation of stocks that are ideal to sell
short.  Don't be fooled.  Assets, for example, reported at
historical cost net of depreciation may understate the true value
of a firm's assets.  A company may establish reserves on its
balance sheet for liabilities that may never materialize.  The
prices at which equity securities trade in public market are
determined by more than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Thursday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com

Each Friday's edition of the TCR includes a review about a book
of interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/booksto order any title today.


                            *********


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

Troubled Company Reporter-Europe is a daily newsletter co-
published by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland
USA.  Valerie U. Pascual, Marites O. Claro, Rousel Elaine T.
Fernandez, Joy A. Agravante, Ivy B. Magdadaro, Frauline S.
Abangan and Peter A. Chapman, Editors.

Copyright 2012.  All rights reserved.  ISSN 1529-2754.

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

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

The TCR Europe subscription rate is US$625 per half-year,
delivered via e-mail.  Additional e-mail subscriptions for
members of the same firm for the term of the initial subscription
or balance thereof are US$25 each.  For subscription information,
contact Peter Chapman at 240/629-3300.


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