/raid1/www/Hosts/bankrupt/TCREUR_Public/120820.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, August 20, 2012, Vol. 13, No. 165
Headlines
F R A N C E
LISA AIRPLANES: Goes Into Receivership
XILOFRANCE SAS: Court Orders Judicial Liquidation Process
G E R M A N Y
CENTROTHERM PHOTOVOLTAICS: Obtains EUR50-Mil. Loan From Banks
PFLEIDERER AG: Unveils Details of Insolvency Plan
Q-CELLS SE: In Acquisition Talks with Hanwha Chemical
G R E E C E
OMEGA NAVIGATION: Hearing on Cash Access Continued Until Sept. 17
OMEGA NAVIGATION: Has Plan Filing Exclusivity Extended to Oct. 18
I R E L A N D
MANAGH INT'L: Dispute Over Liquidator's Appointment in High Court
QUINN GROUP: Liquidator Appointed for Holding Company
TAURUS CMBS: Fitch Downgrades Rating on Class D Notes to 'CCsf'
L U X E M B O U R G
MAGIC NEWCO 2: S&P Assigns 'B' Long-Term Corporate Credit Rating
N E T H E R L A N D S
NORTH WESTERLY I: S&P Affirms 'CCC-' Ratings on Two Note Classes
NORTHERN LIGHTS: Moody's Assigns 'Ba3' Rating to US$1-Bil. Notes
P O L A N D
CENTRAL EUROPEAN: Receives Non-Compliance Notice from NASDAQ
PBG SA: Energomontaz-Poludnie Unit Obtains Bankruptcy Protection
R U S S I A
ELEMENT LEASING: S&P Raises Counterparty Credit Rating to 'B'
LOCKO-BANK: Fitch Assigns 'B+' Rating to RUB3 Billion Bond Issue
TRANSOIL LLC: Tank Car Purchase Won't Affect Moody's 'Ba3' CFR
* VOLGOGARD REGION: Fitch Assigns 'BB-' LT Currency Ratings
S P A I N
BBVA-5 FTPYME: Fitch Upgrades Rating on Class B Notes From 'BBsf'
U N I T E D K I N G D O M
AQUILA PLC: S&P Withdraws 'D' Rating on Class E Notes
BENTLY MOTORHOMES: Goes Into Administration With 26 Job Losses
GAFOOR POULTRY: Sold in Pre-Pack Administration Sale
HAWKSLEY ENGINEERING: In Administration, Seeks Buyer
NDS GROUP: Moody's Withdraws 'Ba2' Corporate Family Rating
PORTSMOUTH FOOTBALL: Former Owner Withdraws Takeover Offer
PREMIERTEL PLC: S&P Affirms 'BB' Rating on Class B Bonds
SEAN DEVINE LTD: Building Firm Goes In Administration
TOTAL GLOBAL: Ordered to Pay German Bank EUR4.2 Million
TRAVELODGE: Lenders Agree to Write Off Almost GBP720-Mil. Debt
* UK: Invoice Finance Firms 'Profit' From Company Failures
X X X X X X X X
* BOND PRICING: For the Week August 13 to August 17, 2012
*********
===========
F R A N C E
===========
LISA AIRPLANES: Goes Into Receivership
--------------------------------------
Janice Wood at General Aviation News reports that Lisa Airplanes
has voluntarily asked the Commercial Court of Chambery to place
the company in receivership.
The company has been primarily financed by private funds from
business angels and other investors, according to General
Aviation News. However, the report relates, the latest round of
fundraising to take the company to the next step fell through,
according to officials with the company, who said that the
"historical shareholders could not secure Lisa Airplanes'
financial plan" so "the founders decided to place the company
into receivership on July 30 in order to protect its future."
General Aviation News notes that the company officials note "this
situation has no impact on our clients' deposits, all of them
being under a bank warranty."
The report notes that the receivership basically buys time for
the company, protecting its assets while officials scramble to
find new financing. The courts have granted it a "six-month
phase of observation" to find those new investors or some other
form of financing, General Aviation News says.
About Lisa Airplanes
Lisa Airplanes is a French based airplane maker. Lisa Airplanes
was founded on year 2004 the company has been primarily financed
by private funds from business angels and other investors.
XILOFRANCE SAS: Court Orders Judicial Liquidation Process
---------------------------------------------------------
EUWID reports that the competent commercial court in Agen, on
July 31, 2012, decided on a judicial liquidation process for
Xilofrance.
EUWID relates that after the court had commenced the rescue
process on June 12, 2012, and placed the company under
administration until July 10, 2012, the next step in the
proceedings is to take place from Sept. 1, 2012.
The court has not yet appointed an administrator for winding up
the company, the report says.
France-based Xilofrance SAS is a poplar and maritime pine plywood
producer. The company is a subsidiary of Montanari SpA.
=============
G E R M A N Y
=============
CENTROTHERM PHOTOVOLTAICS: Obtains EUR50-Mil. Loan From Banks
-------------------------------------------------------------
Mark Osborne at PV-Tech reports that Centrotherm Photovoltaics AG
has received loans from an unidentified number of banks amounting
to approximately EUR50 million.
Currently in insolvency proceedings, PV-Tech relates, the cash
injection was said to result in the company having around EUR90
million of liquidity, supporting ongoing operations such as
equipment shipments, spare parts deliveries and general services.
According to PV-Tech, the company also announced that it had
received orders from Taiwan-based c-Si solar cell manufacturers.
Although the customers were not identified, Centrotherm said that
one customer was new to the company, having placed a multiple
equipment order that included diffusion and anti-reflective
coating tools, the report says.
A long-standing Taiwanese customer was said to have placed an
order for Centrotherm's fast-firing furnace, c.FIRE.
"The seamless continuation of operations and the loyalty of our
customers and suppliers, are supporting our reorganization
process and form an important foundation for centrotherm's
future," the report quotes Robert Hartung, CEO of Centrotherm
Photovoltaics, as saying. "Our aim is to further strengthen our
excellent market position and competitiveness."
However, the company will still have to restructure its
operations and provide acceptable business plans via the
bankruptcy courts to ensure future survival, PV-Tech notes.
As reported in the Troubled Company Reporter-Europe on July 12,
2012, Bloomberg News reported that Centrotherm Photovoltaics AG
sought bankruptcy protection, at least the 14th U.S. and European
company to founder amid a global oversupply of photovoltaic
modules. According to Bloomberg, Centrotherm said the
Blaubeuren-based company filed for Chapter 11-type protection in
Ulm's district court to start insolvency proceedings. The
company, as cited by Bloomberg, said that for three months, it
will be shielded from creditors while its management tries to
restructure.
Centrotherm Photovoltaics AG is a German solar manufacturing
equipment-maker. The company sells production lines used to make
polysilicon, ingots, wafers, cells and panels.
PFLEIDERER AG: Unveils Details of Insolvency Plan
-------------------------------------------------
The insolvency plan of Pfleiderer AG was disclosed on Aug. 16
following its successful examination by the responsible
Duesseldorf District Court. It is thus now accessible for the
parties involved in the proceedings. The court has set the date
of September 12, 2012, for a discussion-and-voting meeting at
which the insolvency plan will be voted upon.
The implementation of the plan will essentially lead to the
company's comprehensive debt relief and release from financial
liabilities, as well as to the creation of a sound capital base.
As previously announced on August 3, 2012, the insolvency plan
calls for the share capital of Pfleiderer to be reduced to zero
in order to eliminate the excessive indebtedness in the balance
sheet. The share capital will subsequently be increased by means
of cash and non-cash contributions. The new shares will
be subscribed to exclusively by Atlantik S.A., a holding company
specialized incorporate restructuring and domiciled in
Luxembourg, which will then be the sole shareholder of
Pfleiderer. The new shares will not be traded on a stock
exchange; in fact, Pfleiderer aims to have its shares
delisted. As subordinate creditors, the current shareholders and
the holders of the hybrid bond will no longer hold a stake in the
company.
In the context of the insolvency plan, Atlantik has undertaken to
take over most of the financial liabilities of Pfleiderer from
its financial creditors and subsequently to relieve the company
of most of its debt.
Following the implementation of all these measures, Pfleiderer
would have a sound capital and financing base that would be
capable of success in the market. This would create the right
conditions to continue and strengthen the upward development in
the business operations of the Pfleiderer Group.
About Pfleiderer
The Pfleiderer AG -- http://www.pfleiderer.com-- is a producer
of engineered wood. The company employs approximately 4,900
people and operates 16 locations in North America, Western and
Eastern Europe producing engineered wood, surface finished
products and laminate flooring.
Q-CELLS SE: In Acquisition Talks with Hanwha Chemical
-----------------------------------------------------
Stefan Nicola and Sangim Han at Bloomberg News report that Hanwha
Chemical Corp. is in acquisition talks with Germany's Q-Cells SE.
Bloomberg relates that Hanwha Chemical in a regulatory filing on
Thursday said it is in talks with Q-Cells's creditors over
acquisitions of assets. The company's board set the maximum
offer price at EUR40 million (US$49 million), and the maximum
guarantee of debt owed by Q-Cells Malaysia at MYR850 million
(US$272 million).
"Negotiations with interested parties are ongoing," Bloomberg
quotes Christoph Moeller, a spokesman for Q-Cells's insolvency
administrator Henning Schorisch, as saying on Thursday.
Q-Cells, once the biggest solar-cell maker, along with Solon SE,
Solar Millennium AG and Solarhybrid AG all filed for protection
from creditors since December, Bloomberg recounts. Q-Cells, once
the biggest solar-cell maker, along with Solon SE, Solar
Millennium AG and Solarhybrid AG all filed for protection from
creditors since December, Bloomberg notes.
Q-Cells is a German solar-panel maker.
===========
G R E E C E
===========
OMEGA NAVIGATION: Hearing on Cash Access Continued Until Sept. 17
-----------------------------------------------------------------
The Hon. Karen K. Brown of the U.S. Bankruptcy Court for the
Southern District of Texas continued until Sept. 17, 2012, at
2 p.m., the hearing to consider Baytown Navigation Inc., et al.'s
motion to continue access to cash collateral.
The Debtor has obtained interim access to cash collateral. As
adequate protection from diminution in value of the lenders'
collateral, the Debtors will:
-- make adequate protection payments;
-- grant the lenders adequate protection liens in all of their
rights, title and interest in their property, and a
superpriority administrative expense claim status, subject
to carve out.
-- provide continued maintenance of, and insurance on, the
ships and all of their other assets and property,
consistent with the Debtors' prepetition practices.
As reported in the Troubled Company Reporter on July 19, 2012,
HSH Nordbank AG, as agent, asserts that pursuant to the senior
facilities agreement and the other senior facilities documents,
the Debtors are indebted to the senior facilities lenders in the
principal amount of US$242,720,000, plus accrued and accruing
interest and all other amounts. The junior lenders assert a
lien on inter alia, the ships, all cash collateral and all
prepetition collateral pursuant to a $42,500,000 loan dated March
27, 2008.
About Omega Navigation
Athens, Greece-based Omega Navigation Enterprises Inc. and
affiliates, owner and operator of tankers carrying refined
petroleum products, filed for Chapter 11 protection (Bankr. S.D.
Tex. Lead Case No. 11-35926) on July 8, 2011, in Houston, Texas
in the United States.
Omega is an international provider of marine transportation
services focusing on seaborne transportation of refined petroleum
products. The Debtors disclosed assets of US$527.6 million and
debt totaling US$359.5 million. Together, the Debtors wholly own
a fleet of eight high-specification product tankers, with each
vessel owned by a separate debtor entity.
Judge Karen K. Brown presides over the case. Bracewell &
Giuliani LLP serves as counsel to the Debtors. Jefferies &
Company, Inc., is the financial advisor and investment banker.
The Official Committee of Unsecured Creditors has tapped Winston
& Strawn as local counsel; Jager Smith as lead counsel; and First
International as financial advisor.
OMEGA NAVIGATION: Has Plan Filing Exclusivity Extended to Oct. 18
-----------------------------------------------------------------
Baytown Navigation Inc., et al., entered into a sixth amended
agreed scheduling order on order to show cause and agreed order
extending the exclusive period.
Upon the order to show cause entered by the Court on Dec. 19,
2011, and agreement of the parties:
1. HSH Nordbank, AG, as senior facilities agent, the senior
lenders, White & Case LLP, the junior lenders, and the
Official Committee of Unsecured Creditors will file their
respective responses and briefs to the show cause order by
Sept. 17, 2012.
2. The Debtors may file a response to the briefs on the
responding parties by Sept. 24.
3. The responding parties may file any briefs responding to
the brief of the Debtors by Oct. 1.
4. The Court will set a hearing on the order to show cause by
separate order.
5. The exclusive period of the Debtors to file a plan of
reorganization is extended until Oct. 18. If the debtors
file plans of reorganization by Oct. 18, the Debtors'
solicitation period is extended until Dec. 18.
The Plan
As reported in the Troubled Company Reporter on Aug. 9, 2012,
Bill Rochelle, the bankruptcy columnist at Bloomberg News,
related that the Debtors filed a proposed reorganization plan
where the current owner will make a new investment and share
ownership with junior secured lenders, if they too make new
contributions. A Sept. 4 hearing has been set in the U.S.
Bankruptcy Court in Houston for approval of the disclosure
statement explaining the Chapter 11 plan. Omega is tentatively
scheduling an Oct. 15 confirmation hearing for approval of the
plan.
The report relates the plan will be funded in part with a new
investment of about US$2.5 million by an entity related to George
Kassiotis, the company's chief executive. In return, his company
will receive all the new stock. Junior secured lenders, owed
some US$36.2 million, may participate in a rights offering to buy
one-third of the new stock at the same cost per share as Mr.
Kassiotis. The US$242.7 million owed to senior secured lenders
will be rolled over into new secured debt maturing in October
2017. The lenders must also agree to provide US$7.5 million in a
new working capital facility. General unsecured creditors will
receive 10% in three installments over one year. Unsecured
creditors must vote in favor of the plan as a class and
individually to receive the payment. Existing stock will be
extinguished.
A copy of the Disclosure Statement is available for free at:
http://bankrupt.com/misc/OMEGA_NAVIGATION_baytown_ds.pdf
About Omega Navigation
Athens, Greece-based Omega Navigation Enterprises Inc. and
affiliates, owner and operator of tankers carrying refined
petroleum products, filed for Chapter 11 protection (Bankr. S.D.
Tex. Lead Case No. 11-35926) on July 8, 2011, in Houston, Texas
in the United States.
Omega is an international provider of marine transportation
services focusing on seaborne transportation of refined petroleum
products. The Debtors disclosed assets of US$527.6 million and
debt totaling US$359.5 million. Together, the Debtors wholly own
a fleet of eight high-specification product tankers, with each
vessel owned by a separate debtor entity.
Judge Karen K. Brown presides over the case. Bracewell &
Giuliani LLP serves as counsel to the Debtors. Jefferies &
Company, Inc., is the financial advisor and investment banker.
The Official Committee of Unsecured Creditors has tapped Winston
& Strawn as local counsel; Jager Smith as lead counsel; and First
International as financial advisor.
=============
I R E L A N D
=============
MANAGH INT'L: Dispute Over Liquidator's Appointment in High Court
-----------------------------------------------------------------
Aodhan O Faolain and Ray Managh at Irish Examiner report that a
dispute between two accountants over which of them has been
validly appointed as liquidator to Managh International Transport
Ltd. has come before the High Court.
Mr. Justice Paul McDermott said on Thursday he was satisfied to
grant chartered accountant and insolvency practitioner John
O'Connell a temporary injunction preventing Peter Russell, also a
chartered accountant and insolvency practitioner of Russell & Co.
from acting as liquidator of the company, Irish Examiner relates.
The injunction was granted after the judge was informed by
lawyers for Mr. O'Connell who claims that he and not Mr. Russell
is the liquidator of the company, Irish Examiner notes.
The company went into voluntary liquidation earlier this month.
The court heard that Mr. Russell was nominated to act as
liquidator by the members of the company on Aug. 2, Irish
Examiner relates.
The following day, at a meeting of the company's creditors at a
Co Cork hotel, a majority of creditors voted in favor of
Mr. O'Connell being appointed as liquidator, Irish Examiner
recounts.
According to Irish Examiner, Mr. Russell, it is claimed, has
asserted that Mr. O'Connell's appointment as liquidator is
invalid and that Mr. Russell has effectively staged a sit-in as
liquidator.
The judge made the matter returnable before the High Court this
week, Irish Examiner discloses.
Managh International is an Irish transport company.
QUINN GROUP: Liquidator Appointed for Holding Company
-----------------------------------------------------
Simon Carswell and Carolin Madden at The Irish Times report that
a liquidator has been appointed to the former holding company
behind the Quinn group of businesses previously owned by the five
adult children of businessman Sean Quinn.
Quinn Group (ROI) Ltd. was wound up last month by the share
receiver, Kieran Wallace of KPMG, appointed to the company by the
former Anglo Irish Bank, which is owed EUR2.88 billion by Mr.
Quinn and his family, the Irish Times recounts.
According to the Irish Times, a spokesman for Quinn Group
described the liquidation as a move to "tidy things up". A new
holding company, Quinn Group Holdco, has been set up to take
control of the group and its ultimate beneficial owners are the
syndicate of banks and financial investors which were owed EUR1.3
billion by the Quinn Group and Irish Bank Resolution Corporation,
the new name for Anglo, the Irish Times discloses.
The lenders to the Quinn Group and IBRC seized control of the
Quinn Group from the Quinn family on April 14, 2011, the Irish
Times relates. Mr. Quinn's five adult children and his wife have
issued legal proceedings over the appointment of the share
receiver to Quinn Group (ROI) and claim that EUR2.34 billion of
the loans provided by the former Anglo Irish Bank are invalid as
they were advanced to prop up the bank's share price, the Irish
Times notes.
According to the Irish Times, the Quinn Group spokesman said this
company was no longer connected to Quinn Manufacturing Group
Holdco, the firm behind Mr. Quinn's former manufacturing
businesses, which was restructured on December 2, 2011.
The Quinn Group spokesman said its former holding company in
Northern Ireland, which is also called Quinn Group Ltd. and was
previously owned by the Quinn family, has also been wound up as a
members' voluntary liquidation, the Irish Times notes.
Quinn Group (ROI) Ltd. was the ultimate holding company of 95
firms which comprise the Quinn Group which was involved in a
diverse range of businesses, from the manufacture of cement and
concrete products, glass and radiators and plastics, to
insurance, hotels, property and financial services.
TAURUS CMBS: Fitch Downgrades Rating on Class D Notes to 'CCsf'
---------------------------------------------------------------
Fitch Ratings has downgraded Taurus CMBS (Pan-Europe) 2007-1
Limited as follows:
-- EUR194.6m class A1 (XS0305732181): downgraded to 'BBB-sf'
from 'AAsf'; Outlook Negative
-- EUR11.9m class A2 (XS0309194248): downgraded to 'BBsf' from
'Asf'; Outlook Negative
-- EUR17.5m class B (XS0305744608): downgraded to 'Bsf' from
'BBBsf'; Outlook Negative
-- EUR25.5m class C (XS0305745597): downgraded to 'CCCsf' from
'Bsf'; assigned Recovery Estimate (RE) 80%
-- EUR20.2m class D (XS0305746215): downgraded to 'CCsf' from
'CCCsf'; assigned Recovery Estimate (RE) 0%
-- EUR2.8m class E (XS0309195567): affirmed at 'CCsf'; assigned
RE0%
-- EUR2.1m class F (XS0309195997): affirmed at 'CCsf'; assigned
RE0%
The rating downgrades were triggered by the safeguard protection
granted to the Fishman IBC, which failed to repay its EUR23.5
million loan at its maturity in July 2012. As a result of this
court decision, all cash flow stemming from the collateral is
being held in an escrow account, prompting drawdowns under the
liquidity facility to enable the issuer to meet its expenses in
full. The loan has been transferred to special servicing, where
discussions continue surrounding possible restructuring options.
However, safeguard protection implies lower creditor flexibility
for a period of time.
The Fishman IBC loan is quite small at 6.9% of the pool balance.
However, the court decision has negative implications for the
largest loan, the EUR134 million Fishman JEC loan (almost 50% by
pool balance). Besides also being backed by French collateral,
both borrowers are controlled by the same sponsor. While the
larger loan does not mature until July 2014, the agency believes
it is more risky; the sponsor may well file for safeguard
protection as it has already done on the smaller loan. This
prospect is reflected by the scale of the downgrades, as well as
in the assignment of Negative Outlooks.
The Hutley loan (14.7% by pool balance) was extended for two
years in 2011, ahead of its original maturity date of July 2012.
Barring extensions, failure of a borrower to repay at maturity
would ordinarily constitute a loan event of default, which is
picked up by note sequential pay triggers. Should the servicer
continue to grant loan extensions, this may therefore prolong pro
rata note distributions of principal from the stronger loans, and
threaten to weaken credit enhancement for senior bonds. The risk
of this is also accounted for in the rating action.
===================
L U X E M B O U R G
===================
MAGIC NEWCO 2: S&P Assigns 'B' Long-Term Corporate Credit Rating
----------------------------------------------------------------
Standard & Poor's Ratings Services assigned its 'B' long-term
corporate credit rating to Magic Newco 2 S.a.r.l, the holding
company of U.K.-based software company Misys Ltd. The outlook is
negative.
"At the same time, we assigned our 'B+' issue rating to the $1.07
billion-equivalent first-lien bank facilities and US$100 million
revolving credit facility (RCF) issued by subsidiaries of Magic
Newco 2. The recovery rating on these debt instruments is '2',
reflecting our expectation of substantial (70%-90%) recovery
prospects in the event of a payment default," S&P said.
"In addition, we assigned our 'CCC+' issue rating to the $625
million second-lien loan issued by subsidiaries of Magic Newco 2.
The recovery rating on the loan is '6', indicating our
expectation of negligible (0%-10%) recovery prospects in the
event of a payment default," S&P said.
"The assignment of ratings follows Magic Newco 2's completion of
its acquisition and subsequent delisting of U.K.-based software
company Misys Ltd., which is in the process of merging with
software company Turaz Global S.a.r.l. (Turaz)," S&P said.
"The ratings on Magic Newco 2 reflect our assessment of its
business risk profile as 'fair' and its financial risk profile as
'highly leveraged,'" S&P said.
"There is limited headroom at the current rating level because of
Magic Newco 2's high interest burden following the final pricing
of the US$1.07 billion first-lien bank facilities and US$625
million second-lien facility, as well as weaker operating
performance than we previously forecast in financial 2012 (ended
May 30, 2012). We now forecast that Magic Newco 2's Standard &
Poor's-adjusted EBITDA cash interest coverage will drop to 1.5x-
1.6x in financial 2013, which equates to 1.8x-1.9x pro forma for
the full realization of synergies, compared with our previous
forecast of 2.0x and 2.2x," S&P said.
"We see scope for significant EBITDA growth over the next two
years, mainly on the back of synergies between Misys and Turaz
and a scale-down of new product investment after the completion
of new product releases and technology refreshes of existing
products," S&P said.
"We also anticipate an improvement in Magic Newco 2's EBITDA
margin thanks to greater operating efficiencies and merger-
related synergies. We forecast that the EBITDA margin will
increase toward the high 20% area in financial 2013 (equating to
the low 30% area pro forma for the full realization of
synergies), from about 16% pro forma for financial 2012," S&P
said.
"However, we see risks associated with the achievement of planned
operating efficiencies, as well as near-term integration risk,
which could lead to underperformance versus our base-case
scenario. This, in turn, could lead to adjusted cash EBITDA
interest coverage remaining at about, or dipping to less than,
1.5x, which we consider to be the minimum commensurate with the
current rating," S&P said.
"A decline in covenant headroom to less than 15% would put
pressure on liquidity and therefore could also trigger a
downgrade," S&P said.
"We could revise the outlook to stable if Magic Newco 2's
operating performance was significantly better than our base-case
scenario over the next 12 months. This would include the EBITDA
margin approaching 30%, with EBITDA cash interest coverage
trending up toward 2x," S&P said.
=====================
N E T H E R L A N D S
=====================
NORTH WESTERLY I: S&P Affirms 'CCC-' Ratings on Two Note Classes
----------------------------------------------------------------
Standard & Poor's Ratings Services raised its credit ratings on
North Westerly CLO I B.V.'s class I-A, I-B, II, III-A, III-B, and
III-C notes. "At the same time, we have affirmed our 'CCC- (sf)'
ratings on the class IV-A and IV-B notes," S&P said.
"The rating actions follow our assessment of the transaction's
performance, using data from the trustee report dated June 29,
2012, in addition to our credit and cash flow analysis, and the
application of our relevant criteria for transactions of this
type. We have taken into account recent transaction developments,
and we have applied our 2012 counterparty criteria and our cash
flow collateralized debt obligation (CDO) criteria," S&P said.
"The transaction has been amortizing since the end of its
reinvestment period in June 2008. Principal proceeds have been
used to pay down the class I-A and the class I-B notes. The
outstanding balance of these notes has decreased by EUR80 million
(equivalent to a 58% decrease) since we previously reviewed the
transaction. This has in turn increased the level of available
credit enhancement for all of the classes of notes. We have also
observed an increase in the weighted-average spread earned on the
collateral portfolio," S&P said.
"The class I senior, class II mezzanine and class III mezzanine
par value tests continue to perform above the required trigger
under the transaction documents. However, the class IV mezzanine
par value test continues to perform below the required triggers.
Interest proceeds have been used to make principal payments on
the class IV notes to cure the class IV mezzanine par value
tests, which have been failing since our previous review," S&P
said.
"We have subjected the capital structure to a cash flow analysis
to determine the break-even default rate. In our analysis, we
used the reported portfolio balance that we consider to be
performing, the principal cash balance, the current weighted-
average spread, and the weighted-average recovery rates that we
consider to be appropriate. We incorporated various cash flow
stress scenarios using various default patterns, levels, and
timings for each liability rating category, in conjunction with
different interest rate stress scenarios," S&P said.
"In our opinion, the transaction documents for the cross currency
swaps do not fully comply with our 2012 counterparty criteria.
Therefore, in our cash flow analysis, we also considered
potential scenarios where the cross currency swap counterparties
fail to perform, and scenarios where the transaction is exposed
to greater currency risk as a result," S&P said.
"Taking into account our credit and cash flow analysis and our
2012 counterparty criteria, we consider the level of credit
enhancement available to the class I-A, I-B, II, III-A, III-B,
and III-C notes in this transaction to be commensurate with
higher ratings than we previously assigned. We have therefore
raised our ratings on these classes of notes," S&P said.
"We consider the level of credit enhancement available to the
class IV-A and IV-B notes to be commensurate with our current
ratings. We have therefore affirmed our 'CCC-(sf)' ratings on
these classes of notes," S&P said.
"The application of our largest obligor default test constrained
our ratings on the class III-A, III-B, and III-C notes. This test
is a supplemental stress test that we introduced in our 2009
criteria update for corporate collateralized debt obligations,"
S&P said.
North Westerly CLO I B.V. is a cash flow collateralized loan
obligation (CLO) transaction backed by senior loans and mezzanine
obligations.
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
North Westerly CLO I B.V.
EUR363 Million, US$5.27 Million Senior Deferrable Interest and
Subordinated
Notes
Ratings Raised
I-A AAA (sf) AA (sf)
I-B AAA (sf) AA (sf)
II BBB+ (sf) BB+(sf)
III-A B+ (sf) B (sf)
III-B B+ (sf) B (sf)
III-C B+ (sf) B (sf)
Ratings Affirmed
IV-A CCC- (sf)
IV-B CCC- (sf)
NORTHERN LIGHTS: Moody's Assigns 'Ba3' Rating to US$1-Bil. Notes
----------------------------------------------------------------
Moody's Investors Service has assigned the following rating to
notes issued by Northern Lights III B.V.:
Issuer: Northern Lights III B.V.
USD1,000,000,000 Loan Participation Notes due August 2019
Series 2012-1, Assigned Ba3
Ratings Rationale
This definitive rating of the Notes addresses the expected loss
posed to investors by the legal final maturity, and is based on
the long term senior unsecured rating of the Government of
Angola.
The issue proceeds from the Notes will be used to fund a loan
facility agreement made between the Issuer as lender and Angola
through its Ministry of Finance as borrower. Payments received by
the Issuer under the Loan Agreement will be used to make payments
due under the Notes. Given this pass through nature of the
transaction, Moody's has analyzed this transaction as if it were
a senior unsecured obligation of Angola.
The principal methodology used in this rating was Moody's
Approach to Rating Repackaged Securities published in April 2010.
No cash flow analysis or stress scenarios have been conducted as
the rating was directly derived from the rating of the loan
borrower.
===========
P O L A N D
===========
CENTRAL EUROPEAN: Receives Non-Compliance Notice from NASDAQ
------------------------------------------------------------
Central European Distribution Corporation received a notification
letter from a representative of the Listing Qualifications
Department of The NASDAQ OMX Group stating that due to CEDC's
inability to timely file its Form 10-Q for the period ended
June 30, 2012, CEDC was not in compliance with NASDAQ Listing
Rule 5250(c)(1). This notification was issued in accordance with
standard NASDAQ procedures, in connection with CEDC's
announcement on Aug. 10, 2012, on Form 12b-25 that CEDC would not
be able to timely file its 2nd Quarter Form 10-Q.
The NASDAQ notification letter noted that CEDC has until Oct. 9,
2012, to submit a plan to regain compliance with the applicable
listing rule to NASDAQ. Upon acceptance of CEDC's compliance
plan, NASDAQ may grant CEDC an exception of up to 180 calendar
days from the 2nd Quarter Form 10-Q's initial due date, or until
Feb. 5, 2013, for CEDC to regain compliance with NASDAQ's filing
requirements for continued listing.
The NASDAQ notice has no immediate effect on the listing or
trading of CEDC's common stock on the NASDAQ Global Select
Market. CEDC intends to file its 2nd Quarter Form 10-Q as soon as
practicable and to fully regain compliance with the NASDAQ
continued listing requirements upon that filing of its 2nd
Quarter Form 10-Q. If necessary, CEDC will submit a plan to
regain compliance with NASDAQ's filing requirements within the 60
day deadline.
About CEDC
Mt. Laurel, New Jersey-based Central European Distribution
Corporation is one of the world's largest vodka producers and
Central and Eastern Europe's largest integrated spirit beverages
business with its primary operations in Poland, Russia and
Hungary.
The Company's balance sheet at March 31, 2012, showed
US$2.033 billion in total assets, US$1.674 billion in total
liabilities, and stockholders' equity of US$358.45 million.
According to the regulatory filing, "[C]ertain credit and
factoring facilities are coming due in 2012, which the Company
expects to renew. Furthermore, our Convertible Senior Notes are
due on March 15, 2013. Our current cash on hand, estimated cash
from operations and available credit facilities will not be
sufficient to make the repayment on Convertible Notes and, unless
the transaction with Russian Standard Corporation is completed as
scheduled, the Company may default on them. The Company's cash
flow forecasts include the assumption that certain credit and
factoring facilities that are coming due in 2012 will be renewed
to manage working capital needs. Moreover, the Company had a net
loss and significant impairment charges in 2011 and current
liabilities exceed current assets at March 31, 2012. These
conditions raise substantial doubt about the Company's ability to
continue as a going concern unless the transaction with Russian
Standard is completed as scheduled."
Ernst & Young Audit sp. z o.o., in Warsaw, Poland, expressed
substantial doubt about Central European's ability to continue as
a going concern, following the Company's results for the fiscal
year ended Dec. 31, 2011. The independent auditors noted that
certain of the Company's credit and factoring facilities are
coming due in 2012 and will need to be renewed to manage its
working capital needs.
* * *
As reported by the TCR on Aug. 10, 2012, Standard & Poor's
Ratings Services kept on CreditWatch with negative implications
its 'CCC+' long-term corporate credit rating on U.S.-based
Central European Distribution Corp. (CEDC), the parent company of
Poland-based vodka manufacturer CEDC International sp. z o.o.
S&P said the CreditWatch status reflects its view that
uncertainties remain related to CEDC's ongoing accounting review
and that CEDC's liquidity could further and substantially weaken
if there was a breach of covenants which could lead to the
acceleration of the payment of the 2016 notes, upon receipt of a
written notice of 25% or more of the noteholders.
PBG SA: Energomontaz-Poludnie Unit Obtains Bankruptcy Protection
----------------------------------------------------------------
Polska Agencja Prasowa reports that Energomontaz-Poludnie, a unit
of PBG SA, said in a market filing Friday the company was granted
bankruptcy protection for debt restructuring from the court in
Katowice.
As reported by the Troubled Company Reporter-Europe on Aug. 13,
2012, PAP related that Energomontaz-Poludnie unit is seeking a
39% haircut on debts of over PLN100,000. The firm said in a
market filing it hopes to secure a deal with creditors leading to
100% payment of debt of up to PLN10,000, 80% of debt of up to
PLN100,000 and only 61% of debt of over PLN100,000, PAP noted.
Management blames the current situation of the company above all
on "aggressive debt collection measures launched by financial
institutions", referring to the cancellation of credit and
leasing agreements by some financing institutions after its
parent PBG went defunct, according to PAP. At the end of the
first quarter, Energomontaz balance sheet showed PLN69 million in
short-term financial debt, PLN145 million in other short-term
debt, while long-term financial debt was null, and long-term
leasing debt was at PLN44.2 million, PAP disclosed.
As reported by the Troubled Company Reporter-Europe on June 15,
2012, Bloomberg News related that a Poznan, western Poland-based
court agreed to declare bankruptcy of PBG aimed at arrangement
with creditors.
PBG SA is Poland's third largest builder.
===========
R U S S I A
===========
ELEMENT LEASING: S&P Raises Counterparty Credit Rating to 'B'
-------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term
counterparty credit rating and Russia national scale rating on
Russia-based Element Leasing LLC to 'B/ruBBB+' from 'B-/ruBBB-'.
The short-term rating was affirmed at 'C'. The outlook is stable.
"The upgrade reflects our view that Element Leasing will continue
the increasing profitability trend that it has shown in 2011 and
the first half of 2012. Moreover, the company has been able to
expand its business portfolio, and available funding suggests it
will continue, although sources remain somewhat undiversified,"
S&P said.
"Related parties Ingosstrakh Insurance Co. (BBB-/Stable/--;
Russia national scale 'ruAA+') and Bank Soyuz (B/Stable/C; Russia
national scale 'ruA-') continue to support Element Leasing's
funding needs. Although the share of related-party funding is
decreasing with the growth of market funds, it still represents
about one-fifth of total liabilities. Element Leasing currently
does not have significant asset-liability mismatches or any
large-scale bullet redemptions," S&P said.
"The stable outlook reflects our view that Element Leasing will
continue to expand its business over the next two years, on the
back of moderate growth in the Russian economy, while showing
consistent profits. We expect the asset quality measures either
to remain at least at the current levels or to improve. We
believe that the company will maintain its wholesale funding
profile," S&P said.
"The possibility of positive rating actions remains low in the
medium term, given the relatively small size of Element Leasing
and its funding profile," S&P said.
"We could consider negative rating actions if Element Leasing's
funding sources were to become more concentrated, leading to
significant funding pressures, or if the company were to grow at
a rate that resulted in a material deterioration of
capitalization levels below the current 15% adjusted capital-to-
adjusted assets ratio," S&P said.
LOCKO-BANK: Fitch Assigns 'B+' Rating to RUB3 Billion Bond Issue
----------------------------------------------------------------
Fitch Ratings has assigned Locko-bank's (Locko; 'B+'/Stable) RUB3
billion bond issue BO-3, due August 11, 2015 a final Long-term
rating of 'B+' and National Long-term rating of 'A-(rus)' with a
Recovery Rating of 'RR4'.
First and second coupons were priced at 10.75%. The bonds have a
put option after one year. Locko's obligations under the notes
will rank equally with the claims on existing senior unsecured
debt. The proceeds will be used to fund Locko's core business.
Locko is a mid-sized Moscow-based bank, ranked 77th by total
assets at end-H112. The bank is owned by International Finance
Corporation (15%) and East Capital Fund AB (11%) and various
individuals (74%).
TRANSOIL LLC: Tank Car Purchase Won't Affect Moody's 'Ba3' CFR
--------------------------------------------------------------
Moody's Investors Service has said that Transoil LLC's Ba3
corporate family rating (CFR) and stable outlook are unaffected
by its announced acquisition of 10,000 tank cars from Freight One
JSC (not rated). At the same time, Moody's views the acquisition
as beneficial for Transoil's business and financial profile in
the longer term given the expected increase in the company's
EBITDA generation, although in the short term it is likely to
result in an increase in leverage.
"Although we expect that the acquisition will be financed largely
with debt, the negative impact on Transoil's credit profile is
likely to be moderate and temporary, while the positive effect
from the expansion of the company's own tank car fleet and
anticipated increase in its EBITDA generation will in the longer
term offset the near-term increase in leverage," says Artem
Frolov, an Assistant Vice President -- Analyst and lead analyst
for Transoil. "In addition, Transoil has accumulated a
substantial cash balance, which the company is likely to use to
finance part of the transaction, thereby lowering pressure on its
leverage."
As of end-2011, Transoil's leverage, measured by adjusted
debt/EBITDA, was 2.2x. Although this was commensurate with the
company's Ba3 rating, there was only limited headroom remaining
within the guidance for this rating for a sustained increase in
leverage. Of that ratio, 1.9x related to Moody's adjustment for
operating leases of tank cars, which historically have formed
more than a half of Transoil's total tank car fleet in operation,
comprising 29,015 units as of end-2011. However, while the
details of the announced transaction, including its price, are
not disclosed, Moody's does not expect Transoil's leverage to
increase far beyond 2.5x-3.0x adjusted debt/EBITDA as of year-end
2012, as the company has substantial own cash reserves to fund a
material part of the acquisition.
The rating agency notes that on a pro-forma basis, Transoil's
leverage as of year-end 2012 would have been much lower, given
that the company will recognize EBITDA generated by the acquired
assets in full only from 2013. As a result, Moody's expects that
in 2013 Transoil's leverage will return to below 2.5x adjusted
debt/EBITDA, which the rating agency views as a threshold for the
company's current rating.
In addition, Transoil may replace the part of the fleet that it
currently leases under operating lease agreements, with the
acquired tank cars, which would reduce its operating lease
expenses, increase its EBITDA margin and reduce its adjusted
debt.
Transoil continues to consider investment opportunities that
would strengthen its competitive position, including
diversification into other rail transportation segments. As a
result, Moody's will continue to monitor Transoil's investment
activity, including mergers-and-acquisitions transactions, and
will assess the impact of new investments, if any, on the
company's credit profile.
Headquartered in St. Petersburg, Transoil is a major tank car
operator in Russia, with a fleet of around 28,800 units in
operation as of June 2012. In 2011, Transoil transported 53
million tonnes of oil and oil products and generated revenue of
RUB60 billion (US$1.7 billion). Some 66% of this revenue was
received from three Russian oil companies: Rosneft (Baa1 stable),
Gazprom Neft (Baa3 stable) and Surgutneftegaz (not rated).
Transoil is majority-owned by a group of companies controlled by
Mr. Gennady Timchenko.
* VOLGOGARD REGION: Fitch Assigns 'BB-' LT Currency Ratings
-----------------------------------------------------------
Fitch Ratings has assigned Russia's Volgograd Region Long-term
foreign and local currency ratings of 'BB-', a Short-term foreign
currency rating of 'B' and a National Long-term rating of
'A+(rus)'. The Outlooks for the Long-term ratings are Stable.
The agency has also assigned the region's three outstanding
domestic bond issues totaling RUB9.4 billion a Long-term local
currency rating of 'BB-' and a National Long-term rating of
'A+(rus)'.
The ratings reflect the developed local economy, moderate debt
burden with low immediate refinancing risk and the likely
improvement in operating performance in 2012. However, the
ratings also factor in the region's relatively weak and volatile
operating performance and continuous budget deficit recorded
during the past three years.
An improvement in the region's budgetary performance with an
operating margin of about 10% coupled with the stabilization of
direct risk below 50% of current revenue would lead to an
upgrade. Conversely, increasing refinancing risk due to the
growth of short term borrowing coupled with weak, close to zero,
operating balance and growing direct risk would lead to a
downgrade.
Fitch expects an improvement in the region's operating
performance in 2012 due to a tax revenue rebound driven by
continuous economic growth and beneficiary changes in the
national tax regime. However, the operating balance will remain
weak at about 3.5% of operating revenue and Fitch expects the
region's margins to gradually improve to about 5% during 2013-
2014.
The region has a strong, but volatile and highly concentrated tax
base as the 10 largest taxpayers contributed about 70% of total
tax revenue in 2011. Volatility of income taxes negatively
affected the budget in 2011 when corporate income tax proceeds
fell by 6%. A deterioration of tax proceeds coupled with a
growing operating expenditure in the pre-election cycle resulted
in the deterioration of the operating margin into negative
territory (-4.5%) in 2011 after a moderate positive result in
2010.
The region recorded a notable deficit before debt variation in
2009-2011, which peaked at 11.5% of total revenue in 2011. Fitch
expects a minor narrowing of the deficit to 8.6% in 2012, however
the region's direct risk is expected to increase by about 40% yoy
to RUB20 billion in 2012 (2011: RUB14.5 billion). Debt is likely
to moderately increase in 2013 and 2014 to RUB23 billion and
RUB24 billion respectively. Nevertheless, it will stay moderate
in relative terms below 35% of current revenue.
Despite growing direct risk, the debt maturity profile remains
relatively long-term in the national context expanding until
2017. The region is not exposed to immediate refinancing risk as
a significant proportion of the region's debt is long term
domestic bonds and bank loans due in 2013-2015. However a weak
payback ratio (direct risk/current balance) makes the region
significantly dependent on access to the market for refinancing
of maturing debt and capex financing in the medium term.
The Volgograd region is a part of the South Federal District,
which lies in the south-eastern part of European Russia. Its
economy rests on a strong industrial base which causes high tax
concentration. The region contributed 1.2% of the Russian
Federation's GDP in 2010 and accounted for 1.8% of the country's
population. The local economy recovered relatively fast in 2010-
2011 after the economic downturn severely affected the region in
2009. According to preliminary estimates, gross regional product
(GRP) increased by 5.1% in 2011, exceeding the growth of national
GDP. The administration forecasts the continuation of economic
growth at that level in 2012.
=========
S P A I N
=========
BBVA-5 FTPYME: Fitch Upgrades Rating on Class B Notes From 'BBsf'
-----------------------------------------------------------------
Fitch Ratings has taken various rating actions on BBVA-5 FTPYME
as follows:
-- Class A1: affirmed at 'Asf', removed from Rating Watch
Negative (RWN), assigned Stable Outlook
-- Class A2: affirmed at 'Asf', removed from RWN, assigned
Stable Outlook
-- Class A3(G): affirmed 'Asf', removed from RWN, assigned
Stable Outlook
-- Class B: upgraded to 'BBBsf' from 'BBsf', assigned Stable
Outlook
-- Class C: affirmed at 'AAAsf'; removed from RWN, assigned
Stable Outlook
The resolution of the RWN on class A1, A2 and A3(G) notes
reflects implementation of the remedial actions as the gestora,
Europea de Titulizacion, SGFT, SA (Edt), has introduced Societe
Generale ('A+'/'F1+'/Negative) as guarantor of Banco Bilbao
Vizcaya Argentaria (BBVA, 'BBB+'/'F2'/Negative) as account bank.
The guarantee has a limit of EUR9m and is valid for one year. If
the amount deposited in treasury account exceeds EUR9m, the
excess will be transferred to the additional treasury account
held in Societe Generale. Although the guarantor has only been
contracted for one year, the gestora has demonstrated a
willingness to comply with transaction documentation and to seek
remedial action for the account bank. Fitch expects to see
further actions when the guarantee expires.
Fitch notes that no remedial actions have taken place so far with
regards to BBVA acting as a hedging agent; however, the agency
expects the implementation of the remedies in the near term.
The upgrade of the class B notes and affirmation of the class A1,
A2 and A3(G) notes is based on their ability to withstand Fitch's
stresses and increased level of the credit enhancement as a
result of the transaction's deleveraging.
The affirmation of class C notes reflects its link to the rating
of the guarantor, the European Investment Fund
('AAA'/'F1+'/Stable).
The transaction has amortized down to 11% of its original balance
with the top one and top 10 obligors accounting for 2.4% and
11.6% of the outstanding pool respectively. The pool exposure to
real estate and construction sectors has also increased to 35%
from 30% over the past year.
There has been some deterioration in the transaction performance
with the principal deficiency ledger increasing by EUR8.5m over
the past year to EUR10.3m. However, arrears have declined from
last year's high but were volatile over the period; delinquencies
over 90 days declined to EUR3.7m from EUR13.5m in May 2011. In
Fitch's view, the current levels of the notes credit enhancement
are sufficient to mitigate increasing concentration at the
obligor and industry levels as well as the fully depleted reserve
fund.
===========================
U N I T E D K I N G D O M
===========================
AQUILA PLC: S&P Withdraws 'D' Rating on Class E Notes
-----------------------------------------------------
Standard & Poor's Ratings Services has withdrawn its credit
ratings on AQUILA (ECLIPSE 2005-1) PLC's class A, B, C, D and E
notes.
The withdrawals follow confirmation from the issuer that all of
the notes in the transaction (scheduled to mature in October
2016) prepaid in full on the July 2012 interest payment date.
AQUILA (ECLIPSE 2005-1) is a commercial mortgage-backed
securities (CMBS) transaction that closed in March 2005. The
underlying loan was secured on 44 properties throughout the U.K.
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
Ratings Withdrawn
AQUILA (ECLIPSE 2005-1) PLC
GBP440.65 Million Commercial Mortgage-Backed Floating-Rate Notes
A NR AA+ (sf)/Watch Neg
B NR AA+ (sf)/Watch Neg
C NR AA (sf)
D NR BBB- (sf)
E NR D (sf)
NR-Not rated.
BENTLY MOTORHOMES: Goes Into Administration With 26 Job Losses
--------------------------------------------------------------
Doncaster Free Press reports that Bentley Motorhomes Limited went
into administration with 26 job terminated.
Bentley Motorhomes went into liquidation on Aug. 17, the
company's administrators said, according to Doncaster Free Press.
The report notes that Andrew Cordon -- andrew.cordon@begbies-
traynor.com -- and Richard Saville -- richard.saville@begbies-
traynor.com -- of Begbies Traynor, were appointed as joint
administrators of Bentley Motorhomes after a 'significant
reduction in sales'.
"It is particularly disappointing to be appointed to such a well
run company and one that has an excellent reputation for the
quality of its products . . . . The market in which the company
trades is extremely competitive and the recent poor weather has
done little for sales," the report quoted Mr. Cordon, as saying.
The report says that the company directors and 110 creditors who
were owed money by the company were at the meeting on Friday in
Nottingham. The company had already ceased trading, mothballed
and locked up, the report notes.
The report discloses that Mr. Cordon said the deficit on the
statement of affairs stood at GBP1.04 million. The report says
that GBP440,000 million relating to loans taken out by the
directors and not repaid. Assets were minimal, with everything
sold off beforehand. No vehicles were left on the premises.
About Bently Motorhomes
Bently Motorhomes Limited is located in Unit 3 Swinton Meadows
Industrial Estate, Meadow Way, Swinton, Mexborough. Bentley
Motorhomes won three major awards in the Caravan Club Design and
Drive Awards 2011. The firm was well known for building custom-
designed camper vans.
GAFOOR POULTRY: Sold in Pre-Pack Administration Sale
----------------------------------------------------
Nicholas Robinson at meatinfo.co.uk reports that Gafoor Poultry
Products has been sold in a pre-pack administration sale,
safeguarding around 150 jobs.
Administrator Gerald Irwin of Irwin Insolvency was appointed to
handle Gafoor at the High Court in Birmingham on July 31, 2012,
says meatinfo.co.uk.
According to the report, Mr. Irwin said the company's assets were
sold to a new company, Gafoor Pure Halal, which is owned by a
family member who also controlled the original company.
"The business encountered some trading difficulties and also some
bad debts. Sales had reduced in the last year as a consequence.
The good news is that we have been able to preserve all 150 jobs
on the site," the report quotes Mr. Irwin as saying.
Citing recent accounts filed by Gafoor in January for the year
ending October 2010, meatinfo.co.uk discloses that the company
has profits of GBP1.4 million and a turnover of more than
GBP52.4 million.
Preston-based Gafoor Poultry Products is one of UK's largest
halal meat suppliers. The poultry processor handles around
450,000 birds each week and supplies both the wholesale and
retail sectors throughout the UK.
HAWKSLEY ENGINEERING: In Administration, Seeks Buyer
----------------------------------------------------
Business Credit Management News reports that Hawksley Engineering
has been placed into administration after experiencing difficult
trading conditions.
Joint administrators Andrew MacKenzie and Robert Maxwell, who
have been appointed by the court, are seeking a buyer for the
business, according to Business Credit Management News.
"Unfortunately, Hawksley Engineering has suffered from the
devastating effects of the economic downturn and the loss of a
major customer, which has resulted in the business being put into
administration. We are hopeful that the company can be sold as
a going concern, safeguarding as many jobs as possible," the
report quoted Mr. MacKenzie as saying.
"We are currently talking to a number of interested parties and
hope to secure a buyer for the business and its assets, which
include plant and machinery as well as 3.5 acres of land and
buildings in Scunthorpe," Mr. MacKenzie added, the report notes.
The report notes that Hawksley Engineering's nine staff at its
Gunness plant are facing redundancy if a buyer cannot be found.
About Hawksley Engineering
Based in Scunthorpe, Hawksley Engineering Ltd provides structural
and mechanical engineering projects for a range of clients in the
farming, marine and civil engineering industries. It was placed
in administration after experiencing difficult trading
conditions.
NDS GROUP: Moody's Withdraws 'Ba2' Corporate Family Rating
----------------------------------------------------------
Moody's Investors Service has withdrawn the Ba2 corporate family
rating and Ba3 probability default rating of NDS Group Ltd.
Moody's has withdrawn the rating for its own business reasons.
Founded in 1988 and headquartered in the UK, NDS is a leading
provider of Pay-TV content security and delivery services. NDS
has over 5,000 employees in 20 locations. In FY 2011, the company
reported revenues of US$957 million and adjusted EBITDA of US$252
million.
PORTSMOUTH FOOTBALL: Former Owner Withdraws Takeover Offer
----------------------------------------------------------
BBC News reports that Portsmouth Football Club is again facing
the prospect of liquidation after potential owner Balram Chainrai
announced he had withdrawn his offer to buy the club.
According to BBC, administrator Trevor Birch had cleared the
club's wage bill by August 10, in accordance with Mr. Chainrai's
stipulation, but the former owner's company, Portpin Ltd., has
pulled out of the purchase, leaving the Pompey Supporters' Trust
(PST) as the only hope.
Portpin and the PST have been vying for control of the club for
several months.
According to the report, Mr. Birch related in a statement that
the club is urgently seeking a meeting with Portpin and PST to
determine if the Trust's bid can be brought to a successful
conclusion.
Pompey went into administration in February for the second time
in three years after their parent company, Convers Sports
Initiatives, entered administration in November, BBC recounts.
The club is said to be GBP58 million in debt.
In a separate report, Eurosport relates that Mr. Chainrai has
accused administrator Trevor Birch of failing to co-operate fully
during takeover talks and said he has withdrawn his bid. Mr.
Chainrai noted that his efforts to efforts to save the club once
more from extinction have hit a wall of rejection and lacking co-
operation from the administrator and other interested parties,
Eurosport relays. Nevertheless, the news source notes, Mr.
Chainrai said he welcomes and is willing to assist anyone to try
and save the club in the coming days.
About Portsmouth Football
Portsmouth Football Club Ltd. -- http://www.portsmouthfc.co.uk/
-- operated Portsmouth FC, a professional soccer team that plays
in the English Premier League. Established in 1898, the club
boasted two FA Cups, its last in 2008, and two first division
championships. Portsmouth FC's home ground is at Fratton Park;
the football team is known to supporters as Pompey. Dubai
businessman Sulaiman Al-Fahim purchased the club from Alexandre
Gaydamak in 2009. A French businessman of Russian decent,
Gaydamak had controlled Portsmouth Football Club since 2006.
In 2010, the club entered administration as a Premiership club
with UHY Hacker Young partners Andrew Andronikou, Peter Kubik and
Michael Kiely appointed administrators, Accountancy Age noted.
In March 2011, Geoff Carton-Kelly and David Hudson, partners at
Baker Tilly, were appointed liquidators, Accountancy Age related.
PREMIERTEL PLC: S&P Affirms 'BB' Rating on Class B Bonds
--------------------------------------------------------
Standard & Poor's Ratings Services lowered to 'A (sf)' from 'A+
(sf)' and removed from CreditWatch negative its credit rating on
Premiertel PLC's class A commercial mortgage-backed fixed-rate
bonds. "At the same time, we affirmed our 'BB (sf)' rating on the
class B bonds," S&P said.
"The rating actions follow our review of the transaction's loan
and structural features," S&P said.
"On Jan. 31, 2012, we placed on CreditWatch negative our rating
on the class A bonds, following our lowering to 'A' from 'A+' of
our long-term rating on The Royal Bank of Scotland PLC
(A/Stable/A-1), the liquidity facility provider. The rating
actions resolve this CreditWatch placement," S&P said.
"Premiertel is a single loan transaction that closed in November
2003. Since closing, the loan has been secured on five office
buildings. Two are located in England, two in Scotland, and the
remaining property in Northern Ireland. The properties were all
built between 1998 and 2001 and are of good quality, in our view.
All five properties are currently let to British
Telecommunications PLC (BT; BBB/Stable/A-2) on full repairing and
insuring leases, all expiring in 2032," S&P said.
"The transaction is structured as a pass-through whereby rental
payments from BT as tenant in the underlying properties are used
to repay a secured loan from the issuer. The maturity date of
this loan falls in 2032, as does the expiry date of the various
leases to BT," S&P said.
"The rating on the class A bonds reflects their priority in the
order of payments over the class B bonds, the underlying quality
of the real estate backing the transaction, and the rating being
delinked from the rating on the tenant of the five properties
securing the loan that backs this transaction. Our analysis also
assumes that, if the tenant defaults, liquidity available to this
class would be sufficient to meet debt service until the office
properties securing the loan were re-let or sold," S&P said.
"The transaction is exposed to the default risk of certain
counterparties--including the liquidity facility provider Royal
Bank of Scotland PLC (A/Stable/A-1). The liquidity facility
agreement does not provide an obligation for any party to take
action upon loss of the required rating, which is in this case
'A-1'. According to our 2012 counterparty criteria, this
replacement structure does not allow us to rate the bonds in this
transaction higher than our long-term rating on the Royal Bank of
Scotland, which is currently 'A'," S&P said.
"Absent counterparty risk, the class A bonds would likely achieve
a higher rating. We have however, lowered to 'A (sf)' from 'A+
(sf)' and removed from CreditWatch negative our rating on the
class A bonds as they are constrained by the 'A' rating on the
liquidity facility provider," S&P said.
"The class B bonds are fully amortizing from rents paid by
tenants of the properties. The rating on the class B bonds is
credit capped at the rating on the tenant, currently British
Telecommunications PLC (BT; BBB/Stable/A-2). The class B bonds
are scheduled to amortize by 2032, soon after the loan maturity
date," S&P said.
"Scheduled principal payments have been made on the class A bonds
since closing. At the February 2010 interest payment date,
scheduled principal was deferred on the class B bonds. In July
2010, we lowered our rating to 'BB (sf)' from 'BBB- (sf)' as a
direct result of this principal deferment. Principal deferments
on the class B bonds are still continuing," S&P said.
"We have affirmed our 'BB (sf)' rating on the class B bonds as
the same issues are occurring as in 2010. Any potential increase
in the rating on these bonds will ultimately be capped at the
rating on the tenant," S&P said.
POTENTIAL EFFECTS OF PROPOSED CRITERIA CHANGES
"We have taken the rating actions based on our criteria for
rating European commercial mortgage-backed securities (CMBS).
However, these criteria are under review," S&P said.
"As highlighted in the Nov. 8 Advance Notice Of Proposed Criteria
Change, our review may result in changes to the methodology and
assumptions we use when rating European CMBS, and consequently,
it may affect both new and outstanding ratings on European CMBS
transactions," S&P said.
"On June 4, 2012, we published a Request For Comment outlining
our proposed criteria changes for CMBS Global Property Evaluation
Methodology. The proposed criteria do not significantly change
Standard & Poor's longstanding approach to deriving property net
cash flow and value. We therefore anticipate limited impact for
European outstanding ratings when the updated CMBS Global
Property Evaluation Methodology criteria are finalized," S&P
said.
"However, because of its global scope, the proposed CMBS Global
Property Evaluation Methodology does not include certain market-
specific adjustments. An application of these criteria to
European transactions will therefore be published when we release
our updated rating criteria," S&P said.
"Until such time that we adopt new criteria for rating European
CMBS, we will continue to rate and monitor these transactions
using our existing criteria," 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
Premiertel PLC
GBP286.207 Million Fixed-Rate Bonds
Rating Lowered and Removed From CreditWatch Negative
A A (sf) A+ (sf)/Watch Neg
Rating Affirmed
B BB (sf)
SEAN DEVINE LTD: Building Firm Goes In Administration
-----------------------------------------------------
BBC News reports that Sean Devine Ltd has been placed into
administration. The firm is owned by Sean Dean.
The firm last filed accounts for 2008 which showed a GBP5 million
annual loss, with bankers owed around GBP50 million, according to
BBC news.
The report relates that the firm's main banker is understood to
be Ulster Bank, though Northern Bank has also registered
mortgages against some of its properties.
Earlier this year, Ulster Bank appointed receivers to three sites
owned by two other companies in which Mr. Devine had an interest,
BBC News notes. The report relates that the Northern Ireland
housing market is in a deep recession - prices are still falling
and demand is far below its peak.
Banks are continuing to work through their loan books and are
regularly placing building and development firms into
administration, the report adds.
About Sean Devine
Sean Devine Limited is a firm that had been a major house-builder
in Ireland. Sean Devine was based in Strabane and had built
houses there, as well as in Derry and further afield.
TOTAL GLOBAL: Ordered to Pay German Bank EUR4.2 Million
-------------------------------------------------------
Reuters Point Carbon reports that Total Global Steel has been
forced into liquidation by creditors after a UK court ruled in
May that the London-based trading house must pay Deutsche Bank
EUR4.2 million (US$5.1 million) in damages for selling the German
bank recycled carbon credits.
Total Global Steel (TGS) entered creditors' voluntary liquidation
in June after running out of money, and a committee of creditors
will now oversee the sale of what's left of the shuttered trading
firm's assets, Reuters Point Carbon relates citing a spokesman
from Begbies Traynor, the appointed liquidators.
Reuters Point Carbon notes that the spokesman said he could not
elaborate further on the matter nor name any of the creditors.
Efforts by Reuters Point Carbon to contact TGS, its managing
director and majority shareholder Martin Lonergan, the firms'
other listed directors or former employees were unsuccessful, as
were requests for comment from the company's solicitors.
A source working in the shabby grey building in central London
that used to house TGS' metals, power and carbon trading
operations told Reuters Point Carbon that the company had vacated
in March after "packing up and leaving in the middle of the
night".
The source said TGS laid off most of its London staff earlier
this year, a claim supported by the LinkedIn profiles of several
former employees showing they all parted ways with the company in
January, Reuters Point Carbon adds.
"They owe a lot of people a lot of money," Reuters Point Carbon's
source said, adding that UK tax collectors were among those on
the list.
Reuters Point Carbon relates that two sources familiar with the
liquidation proceedings said they believed Deutsche Bank remained
a creditor, seeking the EUR4.2 million in damages awarded by the
London High Court in May, the report adds.
Total Global Steel specialized in physical metal trading, futures
and hedging, energy, gas & emissions trading and are an LME
brokerage.
TRAVELODGE: Lenders Agree to Write Off Almost GBP720-Mil. Debt
--------------------------------------------------------------
Nathalie Thomas at The Telegraph reports that Travelodge will
shed one in ten of its hotels under a major overhaul announced on
Friday, as its lenders agree to write off almost GBP720 million
of debt.
Goldman Sachs and two New York hedge funds have taken control of
the budget hotel chain from Dubai International Capital (DIC)
through a debt for equity swap, the Telegraph discloses.
According to the Telegraph, Travelodge's new owners will inject
GBP75 million of cash into the business as part of the financial
restructuring, GBP55 million of which will be used to refurbish
175 of its older hotels.
Prior to Friday's restructuring, Travelodge's bank debt stretched
to GBP635 million while it was also weighed down by a GBP482
million bond, the Telegraph notes. The chain's interest payments
had surged to an unsustainable GBP100 million a year, forcing
lenders to agree to a haircut to allow the company to move
forward, the Telegraph discloses.
About GBP235 million of bank debt will also be written off and
GBP71 million repaid, reducing Travelodge's debt burden to less
than GBP329 million, the Telegraph says.
The business will have until 2017 to repay off its remaining
debts, the Telegraph states.
DIC, which bought the chain from Permira in 2006 in a highly
leveraged GBP675 million deal, has been forced to walk away from
its investment, losing GBP400 million, the Telegraph notes.
Company Voluntary Arrangement
Travelodge, Britain's second biggest budget hotel chain behind
Premier Inn, has also announced details of a company voluntary
arrangement (CVA), the Telegraph relates.
The new owners -- Avenue Capital, GoldenTree Asset Management,
and Goldman Sachs -- appointed KPMG to negotiate with landlords,
the Telegraph discloses.
Travelodge, which doesn't own any of its hotels, is hoping to
transfer 49 of its 500 properties to other operators, the
Telegraph says.
KPMG has been in discussions with the landlords of a further 109
hotels, whose leases were negotiated before the financial crash
of 2008, to agree a rent reduction, the Telegraph notes.
Travelodge stressed the CVA won't involve any job losses as staff
working for those hotels identified for disposal will be
transferred to the new operators, according to the Telegraph.
The group currently employs about 6,000 people.
Travelodge is a British budget hotelier.
* UK: Invoice Finance Firms 'Profit' From Company Failures
----------------------------------------------------------
James Hurley at The Telegraph report that Brian Moore, who leads
a group calling for the regulation of asset-based lending, said
he is preparing a submission to the Parliamentary Commission on
Banking Standards. The report relates that Mr. Moore claimed
that the submission revealed the 'unacceptable behavior' of some
invoice finance providers and brokers.
The group argues that the so-called 'termination' and
'collection' fees that invoice finance providers can charge when
a company goes into administration, combined with their preferred
creditor status, are being abused by some providers and are
allowing 'lenders to profit from a business going to the wall,'
according to the Telegraph
The report notes that Mr. Moore said that in some cases, 'viable'
companies have been unnecessarily forced into administration,
costing jobs and leaving Her Majesty's Revenue & Customs and
other unsecured creditors out of pocket while invoice finance
providers profit.
The group, renamed as the Campaign for Regulation of Asset Based
Finance, alleges that this creates instances where there is a
'revolving door' of administrations of the same company, the
report notes.
The report says that the unregulated industry, which is made up
of banks and independent providers, justifies collection fees as
the administration costs of collecting the outstanding secure
debt in a failed company. However, the fee can be around 20pc of
the entire ledger value rather than the outstanding balance, and
such fees have been applied even when there is no outstanding
balance, the report discloses.
The Telegraph notes that asset-based lending, which allows
companies to advance cash against their sales ledger, for
example, is growing while conventional bank debt continues to
contract.
The report notes that the total advances provided by the industry
grew by 7pc last year.
Banks are increasingly trying to turn customers away from
unsecured overdrafts and towards asset-based lending, which is
more profitable for the lender, and, crucially, provides them
with security over the debtor book, The Telegraph says.
Ian Johnston, an independent invoice finance broker at Factoring
Solutions, is not part of Mr. Moore's campaign but said there was
an "unhealthy relationship between certain [invoice finance]
companies and the insolvency profession."
"Putting a client into administration can be highly lucrative for
the [provider] involved. The boss of one [invoice finance]
company recently told me that one quarter of their profits come
from termination fees," the report quoted Mr. Johnston as saying.
The Telegraph relays that Mr. Johnston added that the "industry
is badly in need of regulation as currently the [lenders] wield
far too much power and on the occasions when they abuse that
power the client has no one to complain to. Most industry
insiders are aware that not everything in the industry is rosy
and privately they agree that regulation is long overdue and
necessary to cut down on . . . the excesses."
===============
X X X X X X X X
===============
* BOND PRICING: For the Week August 13 to August 17, 2012
---------------------------------------------------------
Issuer Coupon Maturity Currency Price
------ ------ -------- -------- -----
AUSTRIA
-------
A-TEC INDUSTRIES 5.750 11/2/2010 EUR 26.38
A-TEC INDUSTRIES 2.750 5/10/2014 EUR 26.38
A-TEC INDUSTRIES 8.750 10/27/2014 EUR 26.38
ERSTE BANK 6.000 2/1/2014 EUR 63.00
ERSTE BANK 6.000 7/31/2014 EUR 58.00
ERSTE BANK 5.500 1/23/2015 EUR 57.63
ERSTE BANK 7.710 2/17/2015 EUR 55.25
ERSTE BANK 4.500 6/24/2015 EUR 50.13
IMMOFINANZ 4.250 3/8/2018 EUR 3.94
KOMMUNALKREDIT 4.440 12/20/2030 EUR 62.38
KOMMUNALKREDIT 4.900 6/23/2031 EUR 66.13
OESTER VOLKSBK 4.170 7/29/2015 EUR 52.00
OESTER VOLKSBK 4.350 11/16/2018 EUR 57.50
OESTER VOLKSBK 4.750 4/30/2021 EUR 74.05
OESTER VOLKSBK 4.160 5/20/2025 EUR 71.28
OESTER VOLKSBK 4.810 7/29/2025 EUR 57.88
OESTER VOLKSBK 4.900 8/18/2025 EUR 63.00
OESTER VOLKSBK 5.270 2/8/2027 EUR 73.00
RAIFF CENTROBANK 7.646 1/23/2013 EUR 55.39
RAIFF CENTROBANK 9.558 1/23/2013 EUR 65.97
RAIFF CENTROBANK 9.876 1/23/2013 EUR 47.25
RAIFF CENTROBANK 9.304 1/23/2013 EUR 64.08
RAIFF CENTROBANK 7.965 1/23/2013 EUR 52.11
RAIFF CENTROBANK 12.604 6/26/2013 EUR 73.45
RAIFF ZENTRALBK 4.500 9/28/2035 EUR 62.13
BELGIUM
-------
ECONOCOM GROUP 4.000 6/1/2016 EUR 21.73
IDEAL STANDARD I 11.750 5/1/2018 EUR 70.25
IDEAL STANDARD I 11.750 5/1/2018 EUR 70.25
CYPRUS
------
CYPRUS GOVT BOND 4.500 10/9/2016 EUR 73.63
CYPRUS GOVT BOND 4.500 1/4/2017 EUR 71.88
CYPRUS GOVT BOND 4.500 2/15/2017 EUR 71.00
CYPRUS GOVT BOND 4.500 4/2/2017 EUR 70.00
CYPRUS GOVT BOND 5.600 4/15/2017 EUR 73.63
CYPRUS GOVT BOND 4.500 9/28/2017 EUR 66.38
CYPRUS GOVT BOND 5.100 1/29/2018 EUR 66.63
CYPRUS GOVT BOND 4.600 4/23/2018 EUR 63.13
CYPRUS GOVT BOND 4.600 10/23/2018 EUR 60.00
CYPRUS GOVT BOND 4.600 2/26/2019 EUR 58.00
CYPRUS GOVT BOND 6.100 6/24/2019 EUR 62.88
CYPRUS GOVT BOND 6.100 4/20/2020 EUR 59.38
CYPRUS GOVT BOND 5.350 6/9/2020 EUR 55.25
CYPRUS GOVT BOND 6.000 6/9/2021 EUR 55.00
CYPRUS GOVT BOND 6.500 8/25/2021 EUR 55.63
REP OF CYPRUS 4.375 7/15/2014 EUR 72.77
REP OF CYPRUS 3.750 11/1/2015 EUR 61.38
REP OF CYPRUS 4.625 2/3/2020 EUR 51.86
CZECH REPUBLIC
--------------
SAZKA 9.000 7/12/2021 EUR 35.00
DENMARK
-------
JYSKE BANK A/S 7.000 5/29/2024 EUR 69.50
KALMAR STRUCTRD 7.500 9/30/2013 EUR 0.01
KOMMUNEKREDIT 0.500 12/14/2020 ZAR 59.56
KOMMUNEKREDIT 0.500 7/30/2027 TRY 42.24
KOMMUNEKREDIT 0.500 5/11/2029 CAD 52.97
VESTAS WIND SYST 4.625 3/23/2015 EUR 70.96
FINLAND
-------
MUNI FINANCE PLC 0.500 2/17/2017 BRL 73.89
MUNI FINANCE PLC 0.500 3/16/2017 BRL 73.46
MUNI FINANCE PLC 0.500 11/16/2017 TRY 72.83
MUNI FINANCE PLC 0.500 3/28/2018 BRL 67.71
MUNI FINANCE PLC 0.500 4/27/2018 ZAR 70.85
MUNI FINANCE PLC 0.500 11/21/2018 TRY 67.33
MUNI FINANCE PLC 0.500 11/21/2018 ZAR 67.73
MUNI FINANCE PLC 0.500 12/14/2018 TRY 66.95
MUNI FINANCE PLC 0.500 12/20/2018 ZAR 67.50
MUNI FINANCE PLC 0.500 9/24/2020 CAD 72.75
MUNI FINANCE PLC 0.500 11/25/2020 ZAR 58.44
MUNI FINANCE PLC 0.500 11/10/2021 NZD 69.69
MUNI FINANCE PLC 0.500 12/21/2021 NZD 69.30
MUNI FINANCE PLC 0.500 4/26/2022 ZAR 53.18
MUNI FINANCE PLC 0.500 5/31/2022 ZAR 52.10
MUNI FINANCE PLC 0.500 6/19/2024 ZAR 44.45
MUNI FINANCE PLC 0.500 3/17/2025 CAD 56.43
MUNI FINANCE PLC 0.250 6/28/2040 CAD 21.27
NOKIA CORP 6.625 5/15/2039 USD 73.13
TALVIVAARA 4.000 12/16/2015 EUR 74.55
FRANCE
------
AIR FRANCE-KLM 4.970 4/1/2015 EUR 10.95
ALCATEL-LUCENT 5.000 1/1/2015 EUR 2.43
ALTRAN TECHNOLOG 6.720 1/1/2015 EUR 4.99
ASSYSTEM 4.000 1/1/2017 EUR 22.59
ATOS ORIGIN SA 2.500 1/1/2016 EUR 55.74
BNP PARIBAS 2.890 5/16/2036 JPY 72.00
CAISSE CENT IMMO 7.000 5/16/2014 EUR 22.68
CAISSE CENT IMMO 7.000 5/18/2015 EUR 4.03
CAISSE CENT IMMO 7.000 9/10/2015 EUR 10.61
CALYON 6.000 6/18/2047 EUR 32.94
CAP GEMINI SOGET 3.500 1/1/2014 EUR 38.54
CGG VERITAS 1.750 1/1/2016 EUR 32.12
CLUB MEDITERRANE 6.110 11/1/2015 EUR 18.08
CMA CGM 8.500 4/15/2017 USD 58.75
CMA CGM 8.500 4/15/2017 USD 57.63
CMA CGM 8.875 4/15/2019 EUR 56.92
CMA CGM 8.875 4/15/2019 EUR 56.67
CNP ASSURANCES 6.000 9/14/2040 EUR 71.99
CNP ASSURANCES 6.875 9/30/2041 EUR 73.06
CNP ASSURANCES 7.375 9/30/2041 GBP 74.08
CREDIT LOCAL FRA 3.750 5/26/2020 EUR 51.11
DEXIA CRED LOCAL 4.020 3/13/2017 EUR 69.09
DEXIA CRED LOCAL 4.110 9/18/2018 EUR 60.27
DEXIA CRED LOCAL 4.375 2/12/2019 EUR 36.17
DEXIA CRED LOCAL 4.500 2/25/2020 EUR 55.42
DEXIA CRED LOCAL 4.550 4/2/2020 EUR 55.44
DEXIA CRED LOCAL 5.037 8/4/2020 EUR 56.36
DEXIA MUNI AGNCY 1.000 12/23/2024 EUR 72.17
DEXIA MUNI AGNCY 4.680 3/9/2029 CAD 71.08
EURAZEO 6.250 6/10/2014 EUR 54.93
EUROPCAR GROUPE 9.375 4/15/2018 EUR 70.38
EUROPCAR GROUPE 9.375 4/15/2018 EUR 69.90
FAURECIA 4.500 1/1/2015 EUR 19.79
GIE PSA TRESORER 6.000 9/19/2033 EUR 71.76
GROUPAMA SA 7.875 10/27/2039 EUR 56.39
GROUPE VIAL 2.500 1/1/2014 EUR 2.43
INGENICO 2.750 1/1/2017 EUR 51.26
MAUREL ET PROM 7.125 7/31/2014 EUR 19.24
MAUREL ET PROM 7.125 7/31/2015 EUR 17.95
NEXANS SA 4.000 1/1/2016 EUR 56.39
NEXANS SA 2.500 1/1/2019 EUR 67.08
NOVASEP HLDG 9.750 12/15/2016 USD 49.50
NOVASEP HLDG 9.750 12/15/2016 USD 49.50
ORPEA 3.875 1/1/2016 EUR 46.74
PEUGEOT SA 4.450 1/1/2016 EUR 22.39
PIERRE VACANCES 4.000 10/1/2015 EUR 74.22
PUBLICIS GROUPE 3.125 7/30/2014 EUR 40.84
PUBLICIS GROUPE 1.000 1/18/2018 EUR 52.73
SG OPTION EUROPE 8.000 7/10/2015 USD 71.45
SOC AIR FRANCE 2.750 4/1/2020 EUR 20.90
SOCIETE GENERALE 0.500 9/7/2021 AUD 53.85
SOCIETE GENERALE 0.500 12/6/2021 AUD 52.91
SOCIETE GENERALE 0.500 4/27/2022 AUD 51.14
SOCIETE GENERALE 0.500 4/27/2022 USD 61.07
SOCIETE GENERALE 0.500 7/11/2022 AUD 55.40
SOCIETE GENERALE 0.500 7/11/2022 USD 60.20
SOITEC 6.250 9/9/2014 EUR 8.16
TEM 4.250 1/1/2015 EUR 53.65
GERMANY
-------
BAYERISCHE HYPO 5.000 12/21/2029 EUR 74.44
BAYERISCHE LNDBK 5.200 8/17/2012 EUR 70.65
BAYERISCHE LNDBK 4.200 8/24/2012 EUR 74.97
BAYERISCHE LNDBK 4.900 8/31/2012 EUR 73.61
BAYERISCHE LNDBK 3.200 10/1/2012 EUR 23.82
BNP EMIS-U.HANDE 6.000 7/26/2012 EUR 67.32
BNP EMIS-U.HANDE 6.500 7/26/2012 EUR 68.45
BNP EMIS-U.HANDE 7.000 7/26/2012 EUR 39.88
BNP EMIS-U.HANDE 7.000 7/26/2012 EUR 15.69
BNP EMIS-U.HANDE 7.000 7/26/2012 EUR 18.97
BNP EMIS-U.HANDE 7.000 7/26/2012 EUR 49.27
BNP EMIS-U.HANDE 8.000 7/26/2012 EUR 43.44
BNP EMIS-U.HANDE 8.000 7/26/2012 EUR 25.35
BNP EMIS-U.HANDE 8.000 7/26/2012 EUR 62.54
BNP EMIS-U.HANDE 9.000 7/26/2012 EUR 42.66
BNP EMIS-U.HANDE 9.000 7/26/2012 EUR 40.66
BNP EMIS-U.HANDE 9.000 7/26/2012 EUR 69.34
BNP EMIS-U.HANDE 9.000 7/26/2012 EUR 49.39
BNP EMIS-U.HANDE 10.000 7/26/2012 EUR 36.14
BNP EMIS-U.HANDE 6.000 7/26/2012 EUR 27.53
BNP EMIS-U.HANDE 8.000 7/26/2012 EUR 66.26
BNP EMIS-U.HANDE 6.000 7/26/2012 EUR 31.61
BNP EMIS-U.HANDE 6.000 7/26/2012 EUR 70.64
BNP EMIS-U.HANDE 8.500 12/28/2012 EUR 71.79
BNP EMIS-U.HANDE 10.500 12/28/2012 EUR 47.47
BNP EMIS-U.HANDE 9.500 12/31/2012 EUR 65.91
BNP EMIS-U.HANDE 9.500 12/31/2012 EUR 62.79
BNP EMIS-U.HANDE 7.750 12/31/2012 EUR 51.70
COMMERZBANK AG 9.000 8/3/2012 EUR 66.44
COMMERZBANK AG 8.500 8/3/2012 EUR 50.48
COMMERZBANK AG 13.000 9/27/2012 EUR 71.83
COMMERZBANK AG 16.000 9/27/2012 EUR 68.58
COMMERZBANK AG 19.500 9/27/2012 EUR 69.78
COMMERZBANK AG 19.500 9/27/2012 EUR 68.13
COMMERZBANK AG 19.750 9/27/2012 EUR 70.82
COMMERZBANK AG 19.750 9/27/2012 EUR 66.04
COMMERZBANK AG 21.500 9/27/2012 EUR 73.75
COMMERZBANK AG 28.750 9/27/2012 EUR 67.90
COMMERZBANK AG 7.700 9/28/2012 EUR 43.10
COMMERZBANK AG 10.000 10/1/2012 EUR 73.23
COMMERZBANK AG 8.250 10/1/2012 EUR 71.49
COMMERZBANK AG 9.000 10/1/2012 EUR 56.31
COMMERZBANK AG 9.000 10/29/2012 EUR 8.40
COMMERZBANK AG 8.000 11/5/2012 EUR 53.80
COMMERZBANK AG 11.500 11/5/2012 EUR 63.28
COMMERZBANK AG 10.000 11/5/2012 EUR 57.29
COMMERZBANK AG 8.500 12/17/2012 EUR 63.00
COMMERZBANK AG 8.750 12/17/2012 EUR 74.72
COMMERZBANK AG 7.000 12/27/2012 EUR 64.55
COMMERZBANK AG 8.000 12/27/2012 EUR 48.15
COMMERZBANK AG 13.000 12/28/2012 EUR 62.37
COMMERZBANK AG 21.250 12/31/2012 EUR 73.02
COMMERZBANK AG 17.000 12/31/2012 EUR 72.57
COMMERZBANK AG 23.000 12/31/2012 EUR 73.80
COMMERZBANK AG 29.750 12/31/2012 EUR 73.24
COMMERZBANK AG 24.500 3/21/2013 EUR 74.50
COMMERZBANK AG 10.750 3/21/2013 EUR 59.60
COMMERZBANK AG 14.500 3/21/2013 EUR 56.82
COMMERZBANK AG 18.500 3/21/2013 EUR 54.81
COMMERZBANK AG 19.750 3/21/2013 EUR 74.87
COMMERZBANK AG 14.750 3/21/2013 EUR 74.76
COMMERZBANK AG 8.400 12/30/2013 EUR 16.88
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 72.90
DEUTSCHE BANK AG 7.000 7/31/2012 EUR 48.70
DEUTSCHE BANK AG 7.000 7/31/2012 EUR 56.80
DEUTSCHE BANK AG 7.000 7/31/2012 EUR 49.20
DEUTSCHE BANK AG 7.000 7/31/2012 EUR 66.80
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 47.30
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 46.60
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 53.80
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 63.40
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 64.60
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 72.20
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 67.30
DEUTSCHE BANK AG 8.000 7/31/2012 EUR 66.20
DEUTSCHE BANK AG 9.000 7/31/2012 EUR 62.00
DEUTSCHE BANK AG 9.000 7/31/2012 EUR 63.70
DEUTSCHE BANK AG 9.000 7/31/2012 EUR 62.50
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 44.80
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 69.40
DEUTSCHE BANK AG 13.000 7/31/2012 EUR 62.00
DEUTSCHE BANK AG 13.000 7/31/2012 EUR 59.20
DEUTSCHE BANK AG 13.000 7/31/2012 EUR 58.90
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 70.30
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 43.00
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 52.30
DEUTSCHE BANK AG 10.000 7/31/2012 EUR 60.90
DEUTSCHE BANK AG 8.000 8/6/2012 EUR 53.40
DEUTSCHE BANK AG 8.000 8/31/2012 EUR 74.40
DEUTSCHE BANK AG 9.000 8/31/2012 EUR 72.70
DEUTSCHE BANK AG 12.000 8/31/2012 EUR 67.60
DEUTSCHE BANK AG 9.000 8/31/2012 EUR 70.10
DEUTSCHE BANK AG 12.000 8/31/2012 EUR 65.40
DEUTSCHE BANK AG 12.000 8/31/2012 EUR 72.70
DEUTSCHE BANK AG 11.000 9/28/2012 EUR 73.00
DEUTSCHE BANK AG 20.000 9/28/2012 EUR 74.80
DEUTSCHE BANK AG 13.000 9/28/2012 EUR 69.70
DEUTSCHE BANK AG 8.000 10/31/2012 EUR 73.80
DEUTSCHE BANK AG 10.000 10/31/2012 EUR 71.10
DEUTSCHE BANK AG 12.000 10/31/2012 EUR 68.30
DEUTSCHE BANK AG 8.000 11/29/2012 EUR 73.20
DEUTSCHE BANK AG 12.000 11/29/2012 EUR 68.30
DEUTSCHE BANK AG 9.000 11/29/2012 EUR 69.20
DEUTSCHE BANK AG 9.000 12/20/2012 EUR 70.10
DEUTSCHE BANK AG 9.000 12/20/2012 EUR 66.20
DEUTSCHE BANK AG 10.000 12/20/2012 EUR 74.30
DEUTSCHE BANK AG 10.000 12/20/2012 EUR 70.90
DEUTSCHE BANK AG 10.000 12/20/2012 EUR 66.60
DEUTSCHE BANK AG 12.000 12/20/2012 EUR 42.10
DEUTSCHE BANK AG 12.000 12/20/2012 EUR 71.20
DEUTSCHE BANK AG 12.000 12/20/2012 EUR 64.30
DEUTSCHE BANK AG 15.000 12/20/2012 EUR 60.30
DEUTSCHE BANK AG 7.000 12/20/2012 EUR 72.30
DEUTSCHE BANK AG 8.000 12/20/2012 EUR 57.50
DEUTSCHE BANK AG 8.000 12/20/2012 EUR 40.60
DEUTSCHE BANK AG 8.000 12/20/2012 EUR 72.30
DEUTSCHE BANK AG 7.000 12/20/2012 EUR 71.90
DEUTSCHE BANK AG 11.000 1/18/2013 EUR 72.70
DEUTSCHE BANK AG 10.000 1/18/2013 EUR 74.70
DEUTSCHE BANK AG 12.000 4/2/2013 EUR 73.60
DEUTSCHE BANK AG 10.000 4/2/2013 EUR 71.20
DEUTSCHE BANK AG 8.000 4/2/2013 EUR 75.00
DRESDNER BANK AG 5.290 5/31/2021 EUR 73.53
DRESDNER BANK AG 6.180 2/28/2023 EUR 74.28
DRESDNER BANK AG 5.700 7/31/2023 EUR 70.20
DRESDNER BANK AG 5.450 2/22/2029 EUR 20.49
DZ BANK AG 10.750 7/27/2012 EUR 45.23
DZ BANK AG 15.250 7/27/2012 EUR 41.09
DZ BANK AG 15.000 7/27/2012 EUR 34.71
DZ BANK AG 14.750 7/27/2012 EUR 66.95
DZ BANK AG 13.100 7/27/2012 EUR 72.29
DZ BANK AG 13.000 7/27/2012 EUR 71.63
DZ BANK AG 12.700 7/27/2012 EUR 64.12
DZ BANK AG 12.500 7/27/2012 EUR 66.08
DZ BANK AG 12.250 7/27/2012 EUR 74.33
DZ BANK AG 12.000 7/27/2012 EUR 65.08
DZ BANK AG 11.750 7/27/2012 EUR 34.85
DZ BANK AG 11.500 7/27/2012 EUR 38.49
DZ BANK AG 11.250 7/27/2012 EUR 71.12
DZ BANK AG 11.250 7/27/2012 EUR 74.99
DZ BANK AG 11.250 7/27/2012 EUR 45.60
DZ BANK AG 10.500 7/27/2012 EUR 51.35
DZ BANK AG 10.000 7/27/2012 EUR 53.82
DZ BANK AG 9.800 7/27/2012 EUR 71.53
DZ BANK AG 9.250 7/27/2012 EUR 72.05
DZ BANK AG 9.000 7/27/2012 EUR 72.93
DZ BANK AG 8.700 7/27/2012 EUR 71.70
DZ BANK AG 8.000 7/27/2012 EUR 55.85
DZ BANK AG 8.000 7/27/2012 EUR 49.50
DZ BANK AG 7.500 7/27/2012 EUR 69.22
DZ BANK AG 6.500 7/27/2012 EUR 60.23
DZ BANK AG 6.000 7/27/2012 EUR 72.09
DZ BANK AG 12.750 7/31/2012 EUR 62.76
DZ BANK AG 9.250 7/31/2012 EUR 70.36
DZ BANK AG 12.700 8/3/2012 EUR 67.72
DZ BANK AG 14.500 8/10/2012 EUR 68.22
DZ BANK AG 15.250 8/10/2012 EUR 71.68
DZ BANK AG 16.500 8/10/2012 EUR 71.23
DZ BANK AG 14.750 8/10/2012 EUR 71.35
DZ BANK AG 10.500 8/10/2012 EUR 61.22
DZ BANK AG 21.250 8/10/2012 EUR 40.77
DZ BANK AG 9.500 8/10/2012 EUR 70.84
DZ BANK AG 5.000 8/10/2012 EUR 59.52
DZ BANK AG 24.250 8/10/2012 EUR 66.37
DZ BANK AG 17.500 8/24/2012 EUR 61.16
DZ BANK AG 18.000 8/24/2012 EUR 60.56
DZ BANK AG 19.000 8/24/2012 EUR 72.75
DZ BANK AG 18.000 8/24/2012 EUR 63.39
DZ BANK AG 21.250 8/24/2012 EUR 72.00
DZ BANK AG 21.000 8/24/2012 EUR 55.36
DZ BANK AG 12.000 8/24/2012 EUR 70.17
DZ BANK AG 26.000 8/24/2012 EUR 69.65
DZ BANK AG 13.500 8/24/2012 EUR 69.63
DZ BANK AG 14.000 8/24/2012 EUR 66.25
DZ BANK AG 15.000 8/24/2012 EUR 72.82
DZ BANK AG 12.750 8/24/2012 EUR 62.73
DZ BANK AG 17.000 8/24/2012 EUR 67.93
DZ BANK AG 16.500 8/24/2012 EUR 64.15
DZ BANK AG 5.000 9/14/2012 EUR 53.20
DZ BANK AG 5.850 9/14/2012 EUR 52.71
DZ BANK AG 6.000 9/14/2012 EUR 73.85
DZ BANK AG 6.250 9/14/2012 EUR 49.42
DZ BANK AG 7.000 9/14/2012 EUR 74.67
DZ BANK AG 7.250 9/14/2012 EUR 67.93
DZ BANK AG 7.500 9/14/2012 EUR 66.50
DZ BANK AG 7.500 9/14/2012 EUR 74.67
DZ BANK AG 7.750 9/14/2012 EUR 74.70
DZ BANK AG 8.000 9/14/2012 EUR 45.21
DZ BANK AG 8.250 9/14/2012 EUR 57.58
DZ BANK AG 9.250 9/14/2012 EUR 74.95
DZ BANK AG 9.500 9/14/2012 EUR 60.13
DZ BANK AG 9.500 9/14/2012 EUR 71.10
DZ BANK AG 10.000 9/14/2012 EUR 50.95
DZ BANK AG 10.000 9/14/2012 EUR 51.80
DZ BANK AG 10.500 9/14/2012 EUR 40.29
DZ BANK AG 10.750 9/14/2012 EUR 65.63
DZ BANK AG 11.500 9/14/2012 EUR 72.33
DZ BANK AG 12.500 9/14/2012 EUR 62.96
DZ BANK AG 19.500 9/14/2012 EUR 46.77
DZ BANK AG 8.500 9/14/2012 EUR 44.85
DZ BANK AG 17.500 9/28/2012 EUR 72.17
DZ BANK AG 22.500 9/28/2012 EUR 71.30
DZ BANK AG 23.000 9/28/2012 EUR 67.49
DZ BANK AG 16.500 9/28/2012 EUR 73.22
DZ BANK AG 15.500 9/28/2012 EUR 73.99
DZ BANK AG 20.000 9/28/2012 EUR 66.41
DZ BANK AG 21.000 9/28/2012 EUR 74.85
DZ BANK AG 22.000 9/28/2012 EUR 62.46
DZ BANK AG 7.600 10/5/2012 EUR 74.97
DZ BANK AG 8.300 10/5/2012 EUR 65.20
DZ BANK AG 4.500 10/5/2012 EUR 73.35
DZ BANK AG 5.700 10/5/2012 EUR 70.40
DZ BANK AG 19.250 10/12/2012 EUR 74.98
DZ BANK AG 8.000 10/12/2012 EUR 41.18
DZ BANK AG 7.000 10/12/2012 EUR 44.13
DZ BANK AG 9.500 10/12/2012 EUR 56.65
DZ BANK AG 7.000 10/12/2012 EUR 69.94
DZ BANK AG 8.000 10/12/2012 EUR 63.00
DZ BANK AG 8.000 10/26/2012 EUR 70.94
DZ BANK AG 17.250 10/26/2012 EUR 70.97
DZ BANK AG 16.000 10/26/2012 EUR 66.86
DZ BANK AG 22.000 10/26/2012 EUR 67.43
DZ BANK AG 17.750 10/26/2012 EUR 73.31
DZ BANK AG 18.000 10/26/2012 EUR 73.16
DZ BANK AG 19.000 10/26/2012 EUR 70.17
DZ BANK AG 12.500 10/26/2012 EUR 72.31
DZ BANK AG 11.900 11/1/2012 EUR 70.76
DZ BANK AG 11.500 11/23/2012 EUR 72.32
DZ BANK AG 15.500 11/23/2012 EUR 74.14
DZ BANK AG 20.000 11/23/2012 EUR 71.69
DZ BANK AG 5.000 12/14/2012 EUR 61.21
DZ BANK AG 9.750 12/14/2012 EUR 63.96
DZ BANK AG 5.000 12/21/2012 EUR 60.94
DZ BANK AG 9.500 1/2/2013 EUR 73.24
DZ BANK AG 12.000 1/2/2013 EUR 68.08
DZ BANK AG 6.000 1/2/2013 EUR 61.52
DZ BANK AG 14.000 1/11/2013 EUR 43.51
DZ BANK AG 15.500 1/11/2013 EUR 48.08
DZ BANK AG 12.500 1/25/2013 EUR 45.09
DZ BANK AG 19.000 1/25/2013 EUR 73.38
DZ BANK AG 14.000 1/25/2013 EUR 71.89
DZ BANK AG 11.250 2/8/2013 EUR 72.66
DZ BANK AG 13.750 2/8/2013 EUR 73.51
DZ BANK AG 10.250 2/8/2013 EUR 73.77
DZ BANK AG 11.000 2/22/2013 EUR 72.02
DZ BANK AG 14.000 2/22/2013 EUR 69.44
DZ BANK AG 10.750 2/22/2013 EUR 69.19
DZ BANK AG 9.000 3/8/2013 EUR 69.31
DZ BANK AG 9.750 3/8/2013 EUR 74.85
DZ BANK AG 10.000 3/8/2013 EUR 56.95
DZ BANK AG 11.000 3/8/2013 EUR 72.58
DZ BANK AG 11.500 3/8/2013 EUR 70.42
DZ BANK AG 13.500 3/8/2013 EUR 74.32
DZ BANK AG 13.750 3/8/2013 EUR 48.21
DZ BANK AG 11.250 3/22/2013 EUR 49.31
DZ BANK AG 12.750 3/22/2013 EUR 72.34
DZ BANK AG 18.500 3/22/2013 EUR 74.51
DZ BANK AG 20.000 3/22/2013 EUR 71.67
DZ BANK AG 5.000 3/22/2013 EUR 74.74
DZ BANK AG 9.750 4/2/2013 EUR 68.02
DZ BANK AG 15.750 4/26/2013 EUR 67.28
DZ BANK AG 17.000 4/26/2013 EUR 22.91
DZ BANK AG 5.000 6/22/2018 EUR 60.83
ESCADA AG 7.500 4/1/2012 EUR 8.64
ESCADA AG 7.500 4/1/2012 EUR 8.25
EUROHYPO AG 3.830 9/21/2020 EUR 68.75
GOLDMAN SACHS CO 17.000 9/26/2012 EUR 72.20
GOLDMAN SACHS CO 16.000 9/26/2012 EUR 67.40
GOLDMAN SACHS CO 8.000 9/26/2012 EUR 52.90
GOLDMAN SACHS CO 16.000 12/28/2012 EUR 70.70
GOLDMAN SACHS CO 17.000 12/28/2012 EUR 74.40
GOLDMAN SACHS CO 15.000 12/28/2012 EUR 72.70
GOLDMAN SACHS CO 15.000 12/28/2012 EUR 70.60
GOLDMAN SACHS CO 16.000 12/28/2012 EUR 68.60
GOLDMAN SACHS CO 14.000 1/2/2013 EUR 70.50
GOLDMAN SACHS CO 15.000 3/20/2013 EUR 69.90
GOLDMAN SACHS CO 15.000 6/26/2013 EUR 72.70
GOLDMAN SACHS CO 18.000 6/26/2013 EUR 73.90
GOLDMAN SACHS CO 11.000 6/26/2013 EUR 71.40
GOLDMAN SACHS CO 9.000 6/26/2013 EUR 73.90
GOLDMAN SACHS CO 11.000 6/26/2013 EUR 73.50
GOLDMAN SACHS CO 14.000 12/27/2013 EUR 73.00
HECKLER & KOCH 9.500 5/15/2018 EUR 72.31
HSBC TRINKAUS 19.000 9/28/2012 EUR 71.89
HSBC TRINKAUS 18.500 9/28/2012 EUR 74.98
HSBC TRINKAUS 19.500 9/28/2012 EUR 72.64
HSBC TRINKAUS 20.000 9/28/2012 EUR 65.15
HSBC TRINKAUS 18.000 9/28/2012 EUR 59.66
HSBC TRINKAUS 17.500 9/28/2012 EUR 72.36
HSBC TRINKAUS 15.500 9/28/2012 EUR 49.00
HSBC TRINKAUS 13.000 9/28/2012 EUR 69.64
HSBC TRINKAUS 12.500 9/28/2012 EUR 73.08
HSBC TRINKAUS 11.000 9/28/2012 EUR 71.14
HSBC TRINKAUS 8.000 9/28/2012 EUR 66.94
HSBC TRINKAUS 11.000 9/28/2012 EUR 64.17
HSBC TRINKAUS 20.000 9/28/2012 EUR 61.87
HSBC TRINKAUS 21.000 9/28/2012 EUR 74.69
HSBC TRINKAUS 22.000 9/28/2012 EUR 74.44
HSBC TRINKAUS 24.000 9/28/2012 EUR 65.74
HSBC TRINKAUS 24.000 9/28/2012 EUR 71.28
HSBC TRINKAUS 24.000 9/28/2012 EUR 74.72
HSBC TRINKAUS 25.000 9/28/2012 EUR 69.47
HSBC TRINKAUS 25.000 9/28/2012 EUR 68.56
HSBC TRINKAUS 25.500 9/28/2012 EUR 65.21
HSBC TRINKAUS 27.500 9/28/2012 EUR 61.20
HSBC TRINKAUS 27.500 9/28/2012 EUR 73.25
HSBC TRINKAUS 29.000 9/28/2012 EUR 67.94
HSBC TRINKAUS 29.500 9/28/2012 EUR 65.77
HSBC TRINKAUS 29.500 9/28/2012 EUR 57.44
HSBC TRINKAUS 11.500 10/26/2012 EUR 72.12
HSBC TRINKAUS 17.500 10/26/2012 EUR 66.65
HSBC TRINKAUS 16.000 11/23/2012 EUR 67.54
HSBC TRINKAUS 11.000 11/23/2012 EUR 72.81
HSBC TRINKAUS 24.000 3/22/2013 EUR 69.77
HSBC TRINKAUS 23.500 3/22/2013 EUR 68.68
HSBC TRINKAUS 22.500 3/22/2013 EUR 72.98
HSBC TRINKAUS 22.000 3/22/2013 EUR 63.29
HSBC TRINKAUS 22.000 3/22/2013 EUR 70.25
HSBC TRINKAUS 21.000 3/22/2013 EUR 71.71
HSBC TRINKAUS 21.000 3/22/2013 EUR 51.60
HSBC TRINKAUS 20.000 3/22/2013 EUR 73.08
HSBC TRINKAUS 20.000 3/22/2013 EUR 72.92
HSBC TRINKAUS 8.500 3/22/2013 EUR 70.45
HSBC TRINKAUS 10.500 3/22/2013 EUR 72.00
HSBC TRINKAUS 10.500 3/22/2013 EUR 68.80
HSBC TRINKAUS 13.000 3/22/2013 EUR 53.19
HSBC TRINKAUS 8.000 3/22/2013 EUR 55.73
HSBC TRINKAUS 14.000 3/22/2013 EUR 65.75
HSBC TRINKAUS 15.500 3/22/2013 EUR 67.41
HSBC TRINKAUS 17.500 3/22/2013 EUR 67.97
HSBC TRINKAUS 17.500 3/22/2013 EUR 73.30
HSBC TRINKAUS 13.500 3/22/2013 EUR 70.94
HSBC TRINKAUS 17.500 3/22/2013 EUR 72.56
HSBC TRINKAUS 17.500 3/22/2013 EUR 72.46
HSBC TRINKAUS 18.000 3/22/2013 EUR 74.20
HSBC TRINKAUS 18.000 3/22/2013 EUR 74.61
HSBC TRINKAUS 19.500 3/22/2013 EUR 73.31
HSBC TRINKAUS 19.000 3/22/2013 EUR 69.12
HSBC TRINKAUS 18.500 3/22/2013 EUR 73.88
HSBC TRINKAUS 18.500 3/22/2013 EUR 64.91
HSBC TRINKAUS 19.500 3/22/2013 EUR 65.09
HSBC TRINKAUS 27.500 3/22/2013 EUR 51.62
HSBC TRINKAUS 27.000 3/22/2013 EUR 61.01
HSBC TRINKAUS 26.500 3/22/2013 EUR 66.45
HSBC TRINKAUS 18.000 3/22/2013 EUR 73.92
HSBC TRINKAUS 17.500 6/28/2013 EUR 66.87
HSBC TRINKAUS 21.500 6/28/2013 EUR 71.42
HSBC TRINKAUS 19.500 6/28/2013 EUR 73.85
HSBC TRINKAUS 19.500 6/28/2013 EUR 70.77
HSBC TRINKAUS 19.000 6/28/2013 EUR 65.40
HSBC TRINKAUS 18.500 6/28/2013 EUR 71.12
HSBC TRINKAUS 18.500 6/28/2013 EUR 74.73
HSBC TRINKAUS 18.500 6/28/2013 EUR 74.89
HSBC TRINKAUS 16.500 6/28/2013 EUR 73.33
HSBC TRINKAUS 16.500 6/28/2013 EUR 73.03
HSBC TRINKAUS 16.500 6/28/2013 EUR 66.77
HSBC TRINKAUS 16.000 6/28/2013 EUR 69.87
HSBC TRINKAUS 16.000 6/28/2013 EUR 74.25
HSBC TRINKAUS 15.500 6/28/2013 EUR 74.81
HSBC TRINKAUS 14.000 6/28/2013 EUR 68.62
HSBC TRINKAUS 12.500 6/28/2013 EUR 68.04
HSBC TRINKAUS 10.500 6/28/2013 EUR 72.66
HSBC TRINKAUS 10.000 6/28/2013 EUR 70.77
HSBC TRINKAUS 8.500 6/28/2013 EUR 72.15
HSBC TRINKAUS 30.000 6/28/2013 EUR 53.11
HSBC TRINKAUS 26.000 6/28/2013 EUR 53.25
HSBC TRINKAUS 25.500 6/28/2013 EUR 60.93
HSBC TRINKAUS 23.500 6/28/2013 EUR 69.47
HSBC TRINKAUS 22.500 6/28/2013 EUR 61.93
HSBC TRINKAUS 13.000 12/30/2013 EUR 73.43
IKB DEUT INDUSTR 4.080 12/20/2035 EUR 73.83
KFW 0.250 10/6/2036 CAD 32.59
L-BANK FOERDERBK 0.500 5/10/2027 CAD 56.06
L-BANK FOERDERBK 0.250 10/13/2037 CAD 28.21
LANDESBK BERLIN 7.250 8/27/2012 EUR 71.16
LB BADEN-WUERTT 10.000 7/27/2012 EUR 12.03
LB BADEN-WUERTT 4.000 7/27/2012 EUR 26.76
LB BADEN-WUERTT 4.000 7/27/2012 EUR 66.84
LB BADEN-WUERTT 4.000 7/27/2012 EUR 43.14
LB BADEN-WUERTT 4.000 7/27/2012 EUR 73.55
LB BADEN-WUERTT 5.000 7/27/2012 EUR 74.63
LB BADEN-WUERTT 5.000 7/27/2012 EUR 15.61
LB BADEN-WUERTT 5.000 7/27/2012 EUR 50.58
LB BADEN-WUERTT 5.000 7/27/2012 EUR 11.66
LB BADEN-WUERTT 5.000 7/27/2012 EUR 68.12
LB BADEN-WUERTT 5.000 7/27/2012 EUR 51.24
LB BADEN-WUERTT 5.000 7/27/2012 EUR 42.44
LB BADEN-WUERTT 5.000 7/27/2012 EUR 56.60
LB BADEN-WUERTT 5.000 7/27/2012 EUR 53.96
LB BADEN-WUERTT 5.000 7/27/2012 EUR 45.56
LB BADEN-WUERTT 5.000 7/27/2012 EUR 73.15
LB BADEN-WUERTT 5.000 7/27/2012 EUR 68.48
LB BADEN-WUERTT 5.000 7/27/2012 EUR 50.47
LB BADEN-WUERTT 5.000 7/27/2012 EUR 64.10
LB BADEN-WUERTT 5.000 7/27/2012 EUR 24.27
LB BADEN-WUERTT 6.000 7/27/2012 EUR 23.31
LB BADEN-WUERTT 6.000 7/27/2012 EUR 23.25
LB BADEN-WUERTT 6.000 7/27/2012 EUR 59.04
LB BADEN-WUERTT 6.000 7/27/2012 EUR 73.77
LB BADEN-WUERTT 6.000 7/27/2012 EUR 72.46
LB BADEN-WUERTT 6.000 7/27/2012 EUR 35.96
LB BADEN-WUERTT 6.000 7/27/2012 EUR 63.32
LB BADEN-WUERTT 7.500 7/27/2012 EUR 50.53
LB BADEN-WUERTT 7.500 7/27/2012 EUR 11.98
LB BADEN-WUERTT 7.500 7/27/2012 EUR 73.21
LB BADEN-WUERTT 7.500 7/27/2012 EUR 64.91
LB BADEN-WUERTT 7.500 7/27/2012 EUR 21.83
LB BADEN-WUERTT 7.500 7/27/2012 EUR 61.66
LB BADEN-WUERTT 7.500 7/27/2012 EUR 60.11
LB BADEN-WUERTT 7.500 7/27/2012 EUR 48.96
LB BADEN-WUERTT 7.500 7/27/2012 EUR 66.50
LB BADEN-WUERTT 7.500 7/27/2012 EUR 67.06
LB BADEN-WUERTT 7.500 7/27/2012 EUR 55.68
LB BADEN-WUERTT 7.500 7/27/2012 EUR 46.05
LB BADEN-WUERTT 7.500 7/27/2012 EUR 14.44
LB BADEN-WUERTT 7.500 7/27/2012 EUR 45.08
LB BADEN-WUERTT 7.500 7/27/2012 EUR 44.89
LB BADEN-WUERTT 7.500 7/27/2012 EUR 68.28
LB BADEN-WUERTT 7.500 7/27/2012 EUR 37.73
LB BADEN-WUERTT 7.500 7/27/2012 EUR 40.39
LB BADEN-WUERTT 8.000 7/27/2012 EUR 57.02
LB BADEN-WUERTT 8.000 7/27/2012 EUR 67.25
LB BADEN-WUERTT 8.000 7/27/2012 EUR 71.06
LB BADEN-WUERTT 8.000 7/27/2012 EUR 67.24
LB BADEN-WUERTT 8.000 7/27/2012 EUR 32.16
LB BADEN-WUERTT 8.000 7/27/2012 EUR 21.05
LB BADEN-WUERTT 8.000 7/27/2012 EUR 53.78
LB BADEN-WUERTT 10.000 7/27/2012 EUR 73.64
LB BADEN-WUERTT 10.000 7/27/2012 EUR 49.99
LB BADEN-WUERTT 10.000 7/27/2012 EUR 40.44
LB BADEN-WUERTT 10.000 7/27/2012 EUR 54.76
LB BADEN-WUERTT 10.000 7/27/2012 EUR 70.73
LB BADEN-WUERTT 10.000 7/27/2012 EUR 60.74
LB BADEN-WUERTT 10.000 7/27/2012 EUR 45.75
LB BADEN-WUERTT 10.000 7/27/2012 EUR 71.52
LB BADEN-WUERTT 10.000 7/27/2012 EUR 40.71
LB BADEN-WUERTT 10.000 7/27/2012 EUR 66.94
LB BADEN-WUERTT 10.000 7/27/2012 EUR 34.27
LB BADEN-WUERTT 10.000 7/27/2012 EUR 46.80
LB BADEN-WUERTT 10.000 7/27/2012 EUR 37.34
LB BADEN-WUERTT 10.000 7/27/2012 EUR 61.94
LB BADEN-WUERTT 10.000 7/27/2012 EUR 61.73
LB BADEN-WUERTT 10.000 7/27/2012 EUR 13.40
LB BADEN-WUERTT 10.000 7/27/2012 EUR 56.37
LB BADEN-WUERTT 10.000 7/27/2012 EUR 69.72
LB BADEN-WUERTT 10.000 7/27/2012 EUR 71.69
LB BADEN-WUERTT 10.000 7/27/2012 EUR 19.85
LB BADEN-WUERTT 10.000 7/27/2012 EUR 69.64
LB BADEN-WUERTT 10.000 7/27/2012 EUR 59.82
LB BADEN-WUERTT 10.000 7/27/2012 EUR 71.41
LB BADEN-WUERTT 10.000 7/27/2012 EUR 42.41
LB BADEN-WUERTT 8.000 8/24/2012 EUR 66.02
LB BADEN-WUERTT 8.000 8/24/2012 EUR 57.50
LB BADEN-WUERTT 8.000 8/24/2012 EUR 51.39
LB BADEN-WUERTT 8.000 8/24/2012 EUR 70.04
LB BADEN-WUERTT 5.000 8/24/2012 EUR 46.75
LB BADEN-WUERTT 5.000 8/24/2012 EUR 68.37
LB BADEN-WUERTT 5.000 8/24/2012 EUR 22.82
LB BADEN-WUERTT 5.000 8/24/2012 EUR 72.46
LB BADEN-WUERTT 5.000 8/24/2012 EUR 58.20
LB BADEN-WUERTT 5.000 8/24/2012 EUR 63.75
LB BADEN-WUERTT 5.000 8/24/2012 EUR 58.73
LB BADEN-WUERTT 5.000 8/24/2012 EUR 72.60
LB BADEN-WUERTT 5.000 8/24/2012 EUR 47.23
LB BADEN-WUERTT 5.000 8/24/2012 EUR 58.91
LB BADEN-WUERTT 5.000 8/24/2012 EUR 71.69
LB BADEN-WUERTT 6.000 8/24/2012 EUR 66.46
LB BADEN-WUERTT 6.000 8/24/2012 EUR 64.47
LB BADEN-WUERTT 6.000 8/24/2012 EUR 35.04
LB BADEN-WUERTT 6.000 8/24/2012 EUR 30.38
LB BADEN-WUERTT 6.000 8/24/2012 EUR 56.51
LB BADEN-WUERTT 6.000 8/24/2012 EUR 65.24
LB BADEN-WUERTT 6.000 8/24/2012 EUR 71.15
LB BADEN-WUERTT 4.000 8/24/2012 EUR 39.41
LB BADEN-WUERTT 4.000 8/24/2012 EUR 65.40
LB BADEN-WUERTT 4.000 8/24/2012 EUR 35.85
LB BADEN-WUERTT 5.000 8/24/2012 EUR 64.54
LB BADEN-WUERTT 6.500 8/24/2012 EUR 74.64
LB BADEN-WUERTT 7.500 8/24/2012 EUR 20.06
LB BADEN-WUERTT 7.500 8/24/2012 EUR 61.24
LB BADEN-WUERTT 7.500 8/24/2012 EUR 41.95
LB BADEN-WUERTT 10.000 8/24/2012 EUR 61.41
LB BADEN-WUERTT 10.000 8/24/2012 EUR 72.50
LB BADEN-WUERTT 10.000 8/24/2012 EUR 46.30
LB BADEN-WUERTT 10.000 8/24/2012 EUR 53.85
LB BADEN-WUERTT 7.500 8/24/2012 EUR 67.22
LB BADEN-WUERTT 7.500 8/24/2012 EUR 62.60
LB BADEN-WUERTT 7.500 8/24/2012 EUR 51.53
LB BADEN-WUERTT 7.500 8/24/2012 EUR 71.66
LB BADEN-WUERTT 10.000 8/24/2012 EUR 70.58
LB BADEN-WUERTT 10.000 8/24/2012 EUR 68.53
LB BADEN-WUERTT 10.000 8/24/2012 EUR 46.02
LB BADEN-WUERTT 10.000 8/24/2012 EUR 73.57
LB BADEN-WUERTT 10.000 8/24/2012 EUR 58.97
LB BADEN-WUERTT 10.000 8/24/2012 EUR 18.48
LB BADEN-WUERTT 10.000 8/24/2012 EUR 48.18
LB BADEN-WUERTT 10.000 8/24/2012 EUR 38.55
LB BADEN-WUERTT 10.000 8/24/2012 EUR 56.62
LB BADEN-WUERTT 7.500 8/24/2012 EUR 63.38
LB BADEN-WUERTT 10.000 8/24/2012 EUR 64.39
LB BADEN-WUERTT 10.000 8/24/2012 EUR 68.77
LB BADEN-WUERTT 7.500 8/24/2012 EUR 58.07
LB BADEN-WUERTT 10.000 8/24/2012 EUR 65.78
LB BADEN-WUERTT 7.500 8/24/2012 EUR 42.54
LB BADEN-WUERTT 7.500 8/24/2012 EUR 52.36
LB BADEN-WUERTT 7.500 8/24/2012 EUR 63.86
LB BADEN-WUERTT 7.500 8/24/2012 EUR 72.18
LB BADEN-WUERTT 7.500 8/24/2012 EUR 51.54
LB BADEN-WUERTT 8.000 8/24/2012 EUR 71.35
LB BADEN-WUERTT 10.000 8/24/2012 EUR 57.53
LB BADEN-WUERTT 10.000 8/24/2012 EUR 56.19
LB BADEN-WUERTT 10.000 8/24/2012 EUR 72.80
LB BADEN-WUERTT 10.000 8/24/2012 EUR 71.01
LB BADEN-WUERTT 10.000 8/24/2012 EUR 72.89
LB BADEN-WUERTT 8.000 8/24/2012 EUR 27.35
LB BADEN-WUERTT 8.000 8/24/2012 EUR 58.43
LB BADEN-WUERTT 8.000 8/24/2012 EUR 56.89
LB BADEN-WUERTT 8.000 8/24/2012 EUR 71.51
LB BADEN-WUERTT 8.000 8/24/2012 EUR 31.75
LB BADEN-WUERTT 8.000 8/24/2012 EUR 74.80
LB BADEN-WUERTT 10.000 8/24/2012 EUR 36.50
LB BADEN-WUERTT 6.000 9/28/2012 EUR 20.90
LB BADEN-WUERTT 6.000 9/28/2012 EUR 42.10
LB BADEN-WUERTT 6.000 9/28/2012 EUR 65.51
LB BADEN-WUERTT 6.000 9/28/2012 EUR 52.05
LB BADEN-WUERTT 6.000 9/28/2012 EUR 47.68
LB BADEN-WUERTT 6.000 9/28/2012 EUR 75.00
LB BADEN-WUERTT 6.000 9/28/2012 EUR 34.17
LB BADEN-WUERTT 5.000 9/28/2012 EUR 71.60
LB BADEN-WUERTT 5.000 9/28/2012 EUR 66.93
LB BADEN-WUERTT 4.000 9/28/2012 EUR 60.21
LB BADEN-WUERTT 4.000 9/28/2012 EUR 48.67
LB BADEN-WUERTT 4.000 9/28/2012 EUR 25.19
LB BADEN-WUERTT 4.000 9/28/2012 EUR 39.84
LB BADEN-WUERTT 4.000 9/28/2012 EUR 56.71
LB BADEN-WUERTT 10.000 9/28/2012 EUR 72.40
LB BADEN-WUERTT 10.000 9/28/2012 EUR 73.90
LB BADEN-WUERTT 10.000 9/28/2012 EUR 55.77
LB BADEN-WUERTT 8.000 9/28/2012 EUR 18.35
LB BADEN-WUERTT 8.000 9/28/2012 EUR 64.71
LB BADEN-WUERTT 8.000 9/28/2012 EUR 31.22
LB BADEN-WUERTT 8.000 9/28/2012 EUR 38.00
LB BADEN-WUERTT 8.000 9/28/2012 EUR 47.19
LB BADEN-WUERTT 8.000 9/28/2012 EUR 42.05
LB BADEN-WUERTT 8.000 9/28/2012 EUR 71.35
LB BADEN-WUERTT 8.000 9/28/2012 EUR 59.05
LB BADEN-WUERTT 7.500 9/28/2012 EUR 72.20
LB BADEN-WUERTT 7.500 9/28/2012 EUR 60.83
LB BADEN-WUERTT 7.250 9/28/2012 EUR 72.56
LB BADEN-WUERTT 7.000 9/28/2012 EUR 58.69
LB BADEN-WUERTT 5.000 10/26/2012 EUR 17.97
LB BADEN-WUERTT 5.000 10/26/2012 EUR 61.81
LB BADEN-WUERTT 5.000 10/26/2012 EUR 6.31
LB BADEN-WUERTT 5.000 10/26/2012 EUR 56.82
LB BADEN-WUERTT 5.000 10/26/2012 EUR 53.99
LB BADEN-WUERTT 5.000 10/26/2012 EUR 45.43
LB BADEN-WUERTT 10.000 10/26/2012 EUR 62.60
LB BADEN-WUERTT 10.000 10/26/2012 EUR 72.32
LB BADEN-WUERTT 10.000 10/26/2012 EUR 73.68
LB BADEN-WUERTT 10.000 10/26/2012 EUR 50.22
LB BADEN-WUERTT 10.000 10/26/2012 EUR 36.33
LB BADEN-WUERTT 10.000 10/26/2012 EUR 40.64
LB BADEN-WUERTT 10.000 10/26/2012 EUR 46.41
LB BADEN-WUERTT 10.000 10/26/2012 EUR 74.17
LB BADEN-WUERTT 10.000 10/26/2012 EUR 15.36
LB BADEN-WUERTT 10.000 10/26/2012 EUR 73.55
LB BADEN-WUERTT 10.000 10/26/2012 EUR 71.47
LB BADEN-WUERTT 10.000 10/26/2012 EUR 6.05
LB BADEN-WUERTT 7.500 10/26/2012 EUR 50.31
LB BADEN-WUERTT 7.500 10/26/2012 EUR 45.53
LB BADEN-WUERTT 7.500 10/26/2012 EUR 39.41
LB BADEN-WUERTT 7.500 10/26/2012 EUR 54.78
LB BADEN-WUERTT 7.500 10/26/2012 EUR 6.22
LB BADEN-WUERTT 7.500 10/26/2012 EUR 69.53
LB BADEN-WUERTT 7.500 10/26/2012 EUR 16.19
LB BADEN-WUERTT 5.000 11/23/2012 EUR 18.33
LB BADEN-WUERTT 5.000 11/23/2012 EUR 61.49
LB BADEN-WUERTT 5.000 11/23/2012 EUR 47.04
LB BADEN-WUERTT 5.000 11/23/2012 EUR 72.03
LB BADEN-WUERTT 7.500 11/23/2012 EUR 37.63
LB BADEN-WUERTT 15.000 11/23/2012 EUR 52.42
LB BADEN-WUERTT 10.000 11/23/2012 EUR 72.49
LB BADEN-WUERTT 10.000 11/23/2012 EUR 49.51
LB BADEN-WUERTT 10.000 11/23/2012 EUR 65.39
LB BADEN-WUERTT 10.000 11/23/2012 EUR 34.59
LB BADEN-WUERTT 10.000 11/23/2012 EUR 70.70
LB BADEN-WUERTT 10.000 11/23/2012 EUR 16.15
LB BADEN-WUERTT 10.000 11/23/2012 EUR 61.91
LB BADEN-WUERTT 10.000 11/23/2012 EUR 63.20
LB BADEN-WUERTT 10.000 11/23/2012 EUR 73.47
LB BADEN-WUERTT 10.000 11/23/2012 EUR 37.23
LB BADEN-WUERTT 10.000 11/23/2012 EUR 49.92
LB BADEN-WUERTT 10.000 11/23/2012 EUR 62.17
LB BADEN-WUERTT 10.000 11/23/2012 EUR 54.71
LB BADEN-WUERTT 10.000 11/23/2012 EUR 61.98
LB BADEN-WUERTT 7.500 11/23/2012 EUR 53.86
LB BADEN-WUERTT 7.500 11/23/2012 EUR 68.62
LB BADEN-WUERTT 7.500 11/23/2012 EUR 16.91
LB BADEN-WUERTT 7.500 11/23/2012 EUR 61.50
LB BADEN-WUERTT 7.500 11/23/2012 EUR 54.29
LB BADEN-WUERTT 7.500 11/23/2012 EUR 67.71
LB BADEN-WUERTT 7.500 11/23/2012 EUR 71.97
LB BADEN-WUERTT 7.500 11/23/2012 EUR 71.74
LB BADEN-WUERTT 7.500 11/23/2012 EUR 68.70
LB BADEN-WUERTT 7.500 11/23/2012 EUR 40.72
LB BADEN-WUERTT 5.000 11/23/2012 EUR 59.30
LB BADEN-WUERTT 5.000 11/23/2012 EUR 42.61
LB BADEN-WUERTT 7.500 1/4/2013 EUR 50.25
LB BADEN-WUERTT 7.500 1/4/2013 EUR 74.17
LB BADEN-WUERTT 7.500 1/4/2013 EUR 50.35
LB BADEN-WUERTT 7.500 1/4/2013 EUR 55.62
LB BADEN-WUERTT 5.000 1/4/2013 EUR 63.81
LB BADEN-WUERTT 5.000 1/4/2013 EUR 47.53
LB BADEN-WUERTT 5.000 1/4/2013 EUR 49.22
LB BADEN-WUERTT 5.000 1/4/2013 EUR 49.28
LB BADEN-WUERTT 5.000 1/4/2013 EUR 59.05
LB BADEN-WUERTT 5.000 1/4/2013 EUR 18.77
LB BADEN-WUERTT 10.000 1/4/2013 EUR 39.12
LB BADEN-WUERTT 10.000 1/4/2013 EUR 66.47
LB BADEN-WUERTT 10.000 1/4/2013 EUR 47.74
LB BADEN-WUERTT 10.000 1/4/2013 EUR 62.74
LB BADEN-WUERTT 10.000 1/4/2013 EUR 17.15
LB BADEN-WUERTT 10.000 1/4/2013 EUR 51.32
LB BADEN-WUERTT 10.000 1/4/2013 EUR 65.36
LB BADEN-WUERTT 10.000 1/4/2013 EUR 51.96
LB BADEN-WUERTT 10.000 1/4/2013 EUR 51.43
LB BADEN-WUERTT 7.500 1/4/2013 EUR 70.86
LB BADEN-WUERTT 7.500 1/4/2013 EUR 41.55
LB BADEN-WUERTT 7.500 1/4/2013 EUR 52.48
LB BADEN-WUERTT 7.500 1/4/2013 EUR 68.13
LB BADEN-WUERTT 7.500 1/4/2013 EUR 17.43
LB BADEN-WUERTT 7.500 1/25/2013 EUR 22.87
LB BADEN-WUERTT 7.500 1/25/2013 EUR 58.92
LB BADEN-WUERTT 7.500 1/25/2013 EUR 68.99
LB BADEN-WUERTT 5.000 1/25/2013 EUR 67.95
LB BADEN-WUERTT 5.000 1/25/2013 EUR 68.96
LB BADEN-WUERTT 5.000 1/25/2013 EUR 24.82
LB BADEN-WUERTT 10.000 1/25/2013 EUR 69.90
LB BADEN-WUERTT 10.000 1/25/2013 EUR 21.96
LB BADEN-WUERTT 7.500 1/25/2013 EUR 69.16
LB BADEN-WUERTT 7.500 1/25/2013 EUR 71.43
LB BADEN-WUERTT 10.000 1/25/2013 EUR 70.37
LB BADEN-WUERTT 10.000 1/25/2013 EUR 72.58
LB BADEN-WUERTT 10.000 1/25/2013 EUR 65.37
LB BADEN-WUERTT 10.000 1/25/2013 EUR 53.74
LB BADEN-WUERTT 10.000 1/25/2013 EUR 74.40
LB BADEN-WUERTT 10.000 1/25/2013 EUR 61.93
LB BADEN-WUERTT 10.000 1/25/2013 EUR 73.29
LB BADEN-WUERTT 20.000 2/22/2013 EUR 74.14
LB BADEN-WUERTT 15.000 2/22/2013 EUR 74.10
LB BADEN-WUERTT 15.000 2/22/2013 EUR 59.71
LB BADEN-WUERTT 10.000 2/22/2013 EUR 68.55
LB BADEN-WUERTT 10.000 3/22/2013 EUR 55.52
LB BADEN-WUERTT 12.000 3/22/2013 EUR 68.49
LB BADEN-WUERTT 12.000 3/22/2013 EUR 74.25
LB BADEN-WUERTT 15.000 3/22/2013 EUR 69.69
LB BADEN-WUERTT 15.000 3/22/2013 EUR 53.24
LB BADEN-WUERTT 10.000 3/22/2013 EUR 74.55
LB BADEN-WUERTT 8.000 3/22/2013 EUR 56.78
LB BADEN-WUERTT 5.000 6/28/2013 EUR 66.35
LB BADEN-WUERTT 5.000 6/28/2013 EUR 66.05
LB BADEN-WUERTT 7.500 6/28/2013 EUR 60.33
LB BADEN-WUERTT 10.000 6/28/2013 EUR 57.41
LB BADEN-WUERTT 10.000 6/28/2013 EUR 66.89
LB BADEN-WUERTT 11.000 6/28/2013 EUR 57.08
LB BADEN-WUERTT 7.000 6/28/2013 EUR 59.87
LB BADEN-WUERTT 9.000 6/28/2013 EUR 57.67
LB BADEN-WUERTT 7.500 6/28/2013 EUR 66.08
LB BADEN-WUERTT 7.500 6/28/2013 EUR 72.91
LB BADEN-WUERTT 10.000 6/28/2013 EUR 70.87
LB BADEN-WUERTT 8.000 7/26/2013 EUR 62.24
LB BADEN-WUERTT 9.000 7/26/2013 EUR 61.79
LB BADEN-WUERTT 7.000 7/26/2013 EUR 64.35
LB BADEN-WUERTT 10.000 8/23/2013 EUR 60.36
LB BADEN-WUERTT 12.000 8/23/2013 EUR 59.00
LB BADEN-WUERTT 9.000 8/23/2013 EUR 72.66
LB BADEN-WUERTT 8.000 8/23/2013 EUR 62.25
LB BADEN-WUERTT 7.000 8/23/2013 EUR 74.94
LB BADEN-WUERTT 11.000 9/27/2013 EUR 59.51
LB BADEN-WUERTT 9.000 9/27/2013 EUR 59.55
LB BADEN-WUERTT 7.000 9/27/2013 EUR 61.15
LB BADEN-WUERTT 10.000 11/22/2013 EUR 74.64
LB BADEN-WUERTT 5.250 10/20/2015 EUR 25.29
MACQUARIE STRUCT 9.250 9/28/2012 EUR 73.80
MACQUARIE STRUCT 9.750 9/28/2012 EUR 44.37
MACQUARIE STRUCT 11.500 9/28/2012 EUR 38.50
MACQUARIE STRUCT 10.000 9/28/2012 EUR 74.99
MACQUARIE STRUCT 12.750 9/28/2012 EUR 70.38
MACQUARIE STRUCT 16.000 9/28/2012 EUR 72.63
MACQUARIE STRUCT 10.000 9/28/2012 EUR 71.24
MACQUARIE STRUCT 9.000 9/28/2012 EUR 47.10
MACQUARIE STRUCT 10.750 9/28/2012 EUR 60.35
MACQUARIE STRUCT 18.000 12/14/2012 EUR 56.76
MACQUARIE STRUCT 13.250 1/2/2013 EUR 68.71
Q-CELLS 6.750 10/21/2015 EUR 0.53
QIMONDA FINANCE 6.750 3/22/2013 USD 4.50
RENTENBANK 0.500 3/15/2017 TRY 71.51
RENTENBANK 0.500 4/19/2017 TRY 71.07
SOLARWATT AG 7.000 11/1/2015 EUR 11.38
SOLARWORLD AG 6.375 7/13/2016 EUR 27.49
SOLARWORLD AG 6.125 1/21/2017 EUR 25.00
SOLON AG SOLAR 1.375 12/6/2012 EUR 0.92
TAG IMMO AG 6.500 12/10/2015 EUR 8.60
TUI AG 5.500 11/17/2014 EUR 62.71
TUI AG 2.750 3/24/2016 EUR 49.46
UNICREDIT BANK A 6.000 7/31/2012 EUR 58.02
VONTOBEL FIN PRO 11.564 7/27/2012 EUR 61.20
VONTOBEL FIN PRO 10.559 7/27/2012 EUR 74.20
VONTOBEL FIN PRO 11.850 8/3/2012 EUR 74.50
VONTOBEL FIN PRO 11.564 8/10/2012 EUR 71.40
VONTOBEL FIN PRO 11.061 8/10/2012 EUR 74.10
VONTOBEL FIN PRO 8.550 8/24/2012 EUR 68.36
VONTOBEL FIN PRO 10.900 8/24/2012 EUR 57.54
VONTOBEL FIN PRO 12.200 8/24/2012 EUR 68.50
VONTOBEL FIN PRO 26.950 8/24/2012 EUR 63.54
VONTOBEL FIN PRO 8.700 8/24/2012 EUR 62.58
VONTOBEL FIN PRO 16.800 9/28/2012 EUR 64.64
VONTOBEL FIN PRO 16.850 9/28/2012 EUR 44.28
VONTOBEL FIN PRO 16.850 9/28/2012 EUR 65.24
VONTOBEL FIN PRO 16.900 9/28/2012 EUR 68.42
VONTOBEL FIN PRO 17.100 9/28/2012 EUR 48.72
VONTOBEL FIN PRO 12.050 9/28/2012 EUR 71.76
VONTOBEL FIN PRO 11.900 9/28/2012 EUR 72.48
VONTOBEL FIN PRO 11.900 9/28/2012 EUR 66.34
VONTOBEL FIN PRO 11.750 9/28/2012 EUR 73.16
VONTOBEL FIN PRO 11.650 9/28/2012 EUR 73.28
VONTOBEL FIN PRO 11.550 9/28/2012 EUR 45.98
VONTOBEL FIN PRO 11.250 9/28/2012 EUR 65.52
VONTOBEL FIN PRO 11.200 9/28/2012 EUR 72.20
VONTOBEL FIN PRO 11.100 9/28/2012 EUR 67.46
VONTOBEL FIN PRO 17.150 9/28/2012 EUR 73.76
VONTOBEL FIN PRO 17.450 9/28/2012 EUR 69.12
VONTOBEL FIN PRO 18.100 9/28/2012 EUR 48.22
VONTOBEL FIN PRO 18.800 9/28/2012 EUR 62.86
VONTOBEL FIN PRO 18.900 9/28/2012 EUR 64.74
VONTOBEL FIN PRO 19.000 9/28/2012 EUR 39.32
VONTOBEL FIN PRO 19.250 9/28/2012 EUR 46.20
VONTOBEL FIN PRO 20.000 9/28/2012 EUR 59.98
VONTOBEL FIN PRO 20.400 9/28/2012 EUR 59.10
VONTOBEL FIN PRO 20.750 9/28/2012 EUR 63.46
VONTOBEL FIN PRO 20.950 9/28/2012 EUR 51.92
VONTOBEL FIN PRO 21.350 9/28/2012 EUR 52.68
VONTOBEL FIN PRO 21.500 9/28/2012 EUR 52.06
VONTOBEL FIN PRO 21.550 9/28/2012 EUR 71.20
VONTOBEL FIN PRO 21.550 9/28/2012 EUR 44.00
VONTOBEL FIN PRO 21.900 9/28/2012 EUR 72.06
VONTOBEL FIN PRO 23.100 9/28/2012 EUR 71.76
VONTOBEL FIN PRO 23.300 9/28/2012 EUR 68.52
VONTOBEL FIN PRO 11.050 9/28/2012 EUR 65.82
VONTOBEL FIN PRO 10.850 9/28/2012 EUR 53.48
VONTOBEL FIN PRO 10.600 9/28/2012 EUR 69.10
VONTOBEL FIN PRO 10.650 9/28/2012 EUR 59.12
VONTOBEL FIN PRO 25.050 9/28/2012 EUR 65.78
VONTOBEL FIN PRO 23.450 9/28/2012 EUR 73.64
VONTOBEL FIN PRO 26.050 9/28/2012 EUR 72.22
VONTOBEL FIN PRO 25.700 9/28/2012 EUR 42.40
VONTOBEL FIN PRO 27.550 9/28/2012 EUR 44.94
VONTOBEL FIN PRO 26.650 9/28/2012 EUR 71.26
VONTOBEL FIN PRO 28.700 9/28/2012 EUR 53.22
VONTOBEL FIN PRO 28.350 9/28/2012 EUR 71.52
VONTOBEL FIN PRO 9.700 9/28/2012 EUR 57.06
VONTOBEL FIN PRO 28.900 9/28/2012 EUR 45.18
VONTOBEL FIN PRO 9.700 9/28/2012 EUR 69.20
VONTOBEL FIN PRO 9.350 9/28/2012 EUR 70.66
VONTOBEL FIN PRO 9.300 9/28/2012 EUR 69.78
VONTOBEL FIN PRO 9.050 9/28/2012 EUR 70.48
VONTOBEL FIN PRO 8.300 9/28/2012 EUR 73.20
VONTOBEL FIN PRO 10.600 9/28/2012 EUR 55.22
VONTOBEL FIN PRO 10.400 9/28/2012 EUR 69.04
VONTOBEL FIN PRO 10.250 9/28/2012 EUR 72.72
VONTOBEL FIN PRO 9.950 9/28/2012 EUR 61.94
VONTOBEL FIN PRO 9.900 9/28/2012 EUR 67.78
VONTOBEL FIN PRO 7.350 9/28/2012 EUR 65.84
VONTOBEL FIN PRO 8.200 9/28/2012 EUR 46.62
VONTOBEL FIN PRO 8.200 9/28/2012 EUR 65.28
VONTOBEL FIN PRO 8.250 9/28/2012 EUR 69.08
VONTOBEL FIN PRO 9.400 9/28/2012 EUR 54.54
VONTOBEL FIN PRO 13.800 9/28/2012 EUR 73.64
VONTOBEL FIN PRO 13.950 9/28/2012 EUR 49.54
VONTOBEL FIN PRO 14.000 9/28/2012 EUR 72.84
VONTOBEL FIN PRO 14.150 9/28/2012 EUR 47.06
VONTOBEL FIN PRO 14.150 9/28/2012 EUR 68.52
VONTOBEL FIN PRO 14.200 9/28/2012 EUR 63.28
VONTOBEL FIN PRO 14.450 9/28/2012 EUR 69.96
VONTOBEL FIN PRO 14.500 9/28/2012 EUR 58.92
VONTOBEL FIN PRO 14.550 9/28/2012 EUR 47.72
VONTOBEL FIN PRO 14.600 9/28/2012 EUR 46.78
VONTOBEL FIN PRO 14.650 9/28/2012 EUR 70.42
VONTOBEL FIN PRO 14.900 9/28/2012 EUR 59.78
VONTOBEL FIN PRO 15.000 9/28/2012 EUR 71.56
VONTOBEL FIN PRO 15.000 9/28/2012 EUR 72.80
VONTOBEL FIN PRO 15.150 9/28/2012 EUR 71.22
VONTOBEL FIN PRO 13.100 9/28/2012 EUR 49.66
VONTOBEL FIN PRO 12.800 9/28/2012 EUR 62.28
VONTOBEL FIN PRO 12.600 9/28/2012 EUR 74.96
VONTOBEL FIN PRO 15.150 9/28/2012 EUR 62.74
VONTOBEL FIN PRO 12.350 9/28/2012 EUR 50.90
VONTOBEL FIN PRO 15.250 9/28/2012 EUR 72.84
VONTOBEL FIN PRO 15.550 9/28/2012 EUR 71.04
VONTOBEL FIN PRO 15.700 9/28/2012 EUR 59.60
VONTOBEL FIN PRO 16.000 9/28/2012 EUR 58.48
VONTOBEL FIN PRO 16.050 9/28/2012 EUR 72.44
VONTOBEL FIN PRO 16.200 9/28/2012 EUR 62.28
VONTOBEL FIN PRO 16.400 9/28/2012 EUR 65.84
VONTOBEL FIN PRO 16.400 9/28/2012 EUR 73.22
VONTOBEL FIN PRO 5.006 12/28/2012 EUR 55.30
VONTOBEL FIN PRO 7.047 12/28/2012 EUR 69.90
VONTOBEL FIN PRO 11.450 12/31/2012 EUR 74.48
VONTOBEL FIN PRO 9.400 12/31/2012 EUR 69.54
VONTOBEL FIN PRO 9.600 12/31/2012 EUR 74.38
VONTOBEL FIN PRO 9.650 12/31/2012 EUR 59.38
VONTOBEL FIN PRO 9.800 12/31/2012 EUR 69.46
VONTOBEL FIN PRO 9.850 12/31/2012 EUR 69.46
VONTOBEL FIN PRO 10.050 12/31/2012 EUR 57.34
VONTOBEL FIN PRO 10.150 12/31/2012 EUR 74.52
VONTOBEL FIN PRO 10.500 12/31/2012 EUR 41.02
VONTOBEL FIN PRO 11.000 12/31/2012 EUR 59.96
VONTOBEL FIN PRO 11.000 12/31/2012 EUR 64.48
VONTOBEL FIN PRO 11.150 12/31/2012 EUR 74.78
VONTOBEL FIN PRO 11.400 12/31/2012 EUR 74.88
VONTOBEL FIN PRO 11.400 12/31/2012 EUR 74.62
VONTOBEL FIN PRO 11.400 12/31/2012 EUR 71.58
VONTOBEL FIN PRO 11.450 12/31/2012 EUR 48.24
VONTOBEL FIN PRO 11.550 12/31/2012 EUR 72.26
VONTOBEL FIN PRO 11.600 12/31/2012 EUR 72.04
VONTOBEL FIN PRO 11.700 12/31/2012 EUR 57.76
VONTOBEL FIN PRO 11.750 12/31/2012 EUR 63.58
VONTOBEL FIN PRO 11.800 12/31/2012 EUR 68.68
VONTOBEL FIN PRO 11.850 12/31/2012 EUR 62.82
VONTOBEL FIN PRO 11.950 12/31/2012 EUR 63.48
VONTOBEL FIN PRO 11.950 12/31/2012 EUR 66.38
VONTOBEL FIN PRO 12.000 12/31/2012 EUR 67.36
VONTOBEL FIN PRO 12.250 12/31/2012 EUR 62.48
VONTOBEL FIN PRO 12.550 12/31/2012 EUR 67.20
VONTOBEL FIN PRO 12.550 12/31/2012 EUR 72.96
VONTOBEL FIN PRO 12.650 12/31/2012 EUR 49.94
VONTOBEL FIN PRO 12.650 12/31/2012 EUR 49.92
VONTOBEL FIN PRO 12.650 12/31/2012 EUR 72.50
VONTOBEL FIN PRO 12.800 12/31/2012 EUR 46.78
VONTOBEL FIN PRO 12.900 12/31/2012 EUR 67.48
VONTOBEL FIN PRO 13.050 12/31/2012 EUR 62.44
VONTOBEL FIN PRO 13.150 12/31/2012 EUR 60.86
VONTOBEL FIN PRO 13.250 12/31/2012 EUR 66.66
VONTOBEL FIN PRO 13.500 12/31/2012 EUR 53.90
VONTOBEL FIN PRO 13.550 12/31/2012 EUR 54.76
VONTOBEL FIN PRO 14.000 12/31/2012 EUR 65.40
VONTOBEL FIN PRO 14.100 12/31/2012 EUR 68.24
VONTOBEL FIN PRO 14.300 12/31/2012 EUR 43.94
VONTOBEL FIN PRO 14.300 12/31/2012 EUR 65.82
VONTOBEL FIN PRO 14.450 12/31/2012 EUR 67.96
VONTOBEL FIN PRO 14.500 12/31/2012 EUR 72.94
VONTOBEL FIN PRO 14.500 12/31/2012 EUR 73.24
VONTOBEL FIN PRO 14.550 12/31/2012 EUR 72.20
VONTOBEL FIN PRO 14.550 12/31/2012 EUR 71.46
VONTOBEL FIN PRO 14.750 12/31/2012 EUR 62.32
VONTOBEL FIN PRO 14.950 12/31/2012 EUR 67.88
VONTOBEL FIN PRO 15.250 12/31/2012 EUR 51.62
VONTOBEL FIN PRO 15.250 12/31/2012 EUR 72.16
VONTOBEL FIN PRO 16.150 12/31/2012 EUR 63.10
VONTOBEL FIN PRO 16.350 12/31/2012 EUR 58.68
VONTOBEL FIN PRO 16.450 12/31/2012 EUR 68.40
VONTOBEL FIN PRO 16.700 12/31/2012 EUR 66.14
VONTOBEL FIN PRO 16.850 12/31/2012 EUR 55.64
VONTOBEL FIN PRO 16.950 12/31/2012 EUR 51.08
VONTOBEL FIN PRO 17.050 12/31/2012 EUR 49.68
VONTOBEL FIN PRO 17.100 12/31/2012 EUR 51.04
VONTOBEL FIN PRO 17.300 12/31/2012 EUR 72.92
VONTOBEL FIN PRO 18.200 12/31/2012 EUR 73.74
VONTOBEL FIN PRO 18.850 12/31/2012 EUR 51.86
VONTOBEL FIN PRO 18.900 12/31/2012 EUR 48.04
VONTOBEL FIN PRO 19.850 12/31/2012 EUR 72.88
VONTOBEL FIN PRO 21.200 12/31/2012 EUR 51.42
VONTOBEL FIN PRO 21.200 12/31/2012 EUR 74.68
VONTOBEL FIN PRO 24.700 12/31/2012 EUR 47.08
VONTOBEL FIN PRO 24.900 12/31/2012 EUR 54.46
VONTOBEL FIN PRO 26.050 12/31/2012 EUR 72.02
VONTOBEL FIN PRO 27.600 12/31/2012 EUR 45.34
VONTOBEL FIN PRO 9.400 12/31/2012 EUR 69.66
VONTOBEL FIN PRO 9.250 12/31/2012 EUR 52.18
VONTOBEL FIN PRO 28.250 12/31/2012 EUR 43.32
VONTOBEL FIN PRO 9.200 12/31/2012 EUR 72.62
VONTOBEL FIN PRO 8.950 12/31/2012 EUR 65.78
VONTOBEL FIN PRO 8.800 12/31/2012 EUR 67.74
VONTOBEL FIN PRO 8.400 12/31/2012 EUR 68.52
VONTOBEL FIN PRO 7.900 12/31/2012 EUR 67.16
VONTOBEL FIN PRO 7.850 12/31/2012 EUR 70.74
VONTOBEL FIN PRO 7.400 12/31/2012 EUR 47.44
VONTOBEL FIN PRO 6.850 12/31/2012 EUR 71.90
VONTOBEL FIN PRO 13.650 3/1/2013 EUR 50.30
VONTOBEL FIN PRO 10.100 3/8/2013 EUR 66.60
VONTOBEL FIN PRO 12.200 3/22/2013 EUR 60.80
VONTOBEL FIN PRO 13.150 3/22/2013 EUR 71.50
VONTOBEL FIN PRO 13.700 3/22/2013 EUR 59.04
VONTOBEL FIN PRO 11.700 3/22/2013 EUR 74.00
VONTOBEL FIN PRO 11.150 3/22/2013 EUR 62.26
VONTOBEL FIN PRO 10.750 3/22/2013 EUR 72.98
VONTOBEL FIN PRO 11.850 3/22/2013 EUR 49.32
VONTOBEL FIN PRO 10.750 3/22/2013 EUR 63.20
VONTOBEL FIN PRO 10.300 3/22/2013 EUR 60.10
VONTOBEL FIN PRO 12.000 3/22/2013 EUR 68.02
VONTOBEL FIN PRO 14.000 3/22/2013 EUR 55.98
VONTOBEL FIN PRO 11.750 3/22/2013 EUR 74.80
VONTOBEL FIN PRO 9.950 3/22/2013 EUR 72.22
VONTOBEL FIN PRO 8.850 3/22/2013 EUR 65.90
VONTOBEL FIN PRO 14.250 3/22/2013 EUR 74.96
VONTOBEL FIN PRO 6.750 3/22/2013 EUR 70.42
VONTOBEL FIN PRO 14.500 3/22/2013 EUR 46.68
VONTOBEL FIN PRO 16.850 3/22/2013 EUR 56.04
VONTOBEL FIN PRO 15.250 3/22/2013 EUR 57.38
VONTOBEL FIN PRO 8.550 3/22/2013 EUR 52.50
VONTOBEL FIN PRO 18.350 3/22/2013 EUR 71.24
VONTOBEL FIN PRO 18.500 3/22/2013 EUR 55.04
VONTOBEL FIN PRO 20.900 3/22/2013 EUR 65.92
VONTOBEL FIN PRO 21.750 3/22/2013 EUR 74.42
VONTOBEL FIN PRO 12.936 3/27/2013 EUR 70.20
VONTOBEL FIN PRO 11.000 4/8/2013 EUR 71.30
VONTOBEL FIN PRO 4.000 6/28/2013 EUR 42.00
VONTOBEL FIN PRO 8.000 6/28/2013 EUR 71.94
VONTOBEL FIN PRO 6.000 6/28/2013 EUR 56.22
VONTOBEL FIN PRO 7.389 11/25/2013 EUR 33.20
VONTOBEL FIN PRO 5.100 4/14/2014 EUR 36.30
WESTLB AG 7.500 7/30/2012 EUR 74.34
WESTLB AG 6.750 7/30/2012 EUR 54.18
WESTLB AG 12.000 9/27/2012 EUR 72.25
WESTLB AG 0.100 9/27/2012 EUR 42.89
WESTLB AG 0.100 9/27/2012 EUR 57.33
WESTLB AG 0.075 9/27/2012 EUR 59.36
WESTLB AG 0.075 9/27/2012 EUR 53.94
WESTLB AG 0.065 9/27/2012 EUR 64.53
WESTLB AG 0.100 9/27/2012 EUR 48.45
WESTLB AG 0.090 9/27/2012 EUR 72.76
WESTLB AG 0.090 11/22/2012 EUR 74.87
WGZ BANK 8.000 12/20/2012 EUR 72.59
WGZ BANK 7.000 12/20/2012 EUR 69.91
WGZ BANK 6.000 12/20/2012 EUR 71.35
WGZ BANK 8.000 12/20/2012 EUR 66.87
WGZ BANK 7.000 12/20/2012 EUR 74.60
WGZ BANK 8.000 12/28/2012 EUR 52.59
WGZ BANK 7.000 12/28/2012 EUR 55.65
WGZ BANK 6.000 12/28/2012 EUR 59.26
WGZ BANK 4.000 12/28/2012 EUR 68.50
WGZ BANK 5.000 12/28/2012 EUR 63.52
WGZ BANK 8.000 2/26/2013 EUR 68.07
GREECE
------
EFG EUROBANK 6.010 1/9/2036 EUR 34.50
HELLENIC REPUB 4.625 6/25/2013 USD 34.50
HELLENIC REPUB 4.625 6/25/2013 EUR 23.75
HELLENIC REPUB 2.125 7/5/2013 CHF 34.00
HELLENIC REPUB 5.800 7/14/2015 JPY 23.75
HELLENIC REPUB 5.800 7/14/2015 JPY 21.38
HELLENIC REPUB 5.250 2/1/2016 JPY 23.75
HELLENIC REPUB 5.250 2/1/2016 JPY 20.38
HELLENIC REPUB 5.000 8/22/2016 JPY 21.88
HELLENIC REPUB 5.000 8/22/2016 JPY 23.75
HELLENIC REPUB 4.500 11/8/2016 JPY 29.38
HELLENIC REPUB 4.500 7/3/2017 JPY 29.63
HELLENIC REPUB 3.800 8/8/2017 JPY 27.75
HELLENIC REPUB 5.000 3/11/2019 EUR 23.75
HELLENIC REPUB 5.000 3/11/2019 EUR 23.75
HELLENIC REPUB 6.140 4/14/2028 EUR 23.75
HELLENIC REPUB 5.200 7/17/2034 EUR 23.75
NATL BK GREECE 3.875 10/7/2016 EUR 66.79
YIOULA GLASSWORK 9.000 12/1/2015 EUR 46.38
YIOULA GLASSWORK 9.000 12/1/2015 EUR 46.50
GUERNSEY
--------
BCV GUERNSEY 8.020 3/1/2013 EUR 54.17
BKB FINANCE 9.050 8/9/2012 CHF 47.76
BKB FINANCE 8.900 9/27/2012 CHF 53.05
BKB FINANCE 11.400 11/8/2012 CHF 67.32
BKB FINANCE 8.350 1/14/2013 CHF 44.25
BKB FINANCE 8.100 4/24/2013 CHF 74.86
EFG FINANCIAL PR 26.520 7/26/2012 EUR 73.16
EFG FINANCIAL PR 15.000 7/31/2012 CHF 65.17
EFG FINANCIAL PR 9.500 7/31/2012 CHF 74.14
EFG FINANCIAL PR 11.750 7/31/2012 CHF 43.72
EFG FINANCIAL PR 10.000 7/31/2012 EUR 57.53
EFG FINANCIAL PR 11.500 7/31/2012 EUR 55.25
EFG FINANCIAL PR 15.500 7/31/2012 GBP 65.51
EFG FINANCIAL PR 11.750 7/31/2012 CHF 43.72
EFG FINANCIAL PR 16.000 7/31/2012 EUR 74.65
EFG FINANCIAL PR 10.000 7/31/2012 CHF 42.89
EFG FINANCIAL PR 10.000 7/31/2012 CHF 74.39
EFG FINANCIAL PR 9.000 8/3/2012 CHF 57.14
EFG FINANCIAL PR 9.000 8/3/2012 CHF 50.61
EFG FINANCIAL PR 9.000 8/3/2012 CHF 69.39
EFG FINANCIAL PR 11.000 8/7/2012 CHF 72.90
EFG FINANCIAL PR 12.000 8/7/2012 CHF 66.61
EFG FINANCIAL PR 11.000 8/7/2012 CHF 27.65
EFG FINANCIAL PR 10.000 8/7/2012 CHF 43.80
EFG FINANCIAL PR 19.000 8/8/2012 USD 39.76
EFG FINANCIAL PR 13.000 8/9/2012 EUR 62.13
EFG FINANCIAL PR 12.600 8/9/2012 USD 62.03
EFG FINANCIAL PR 12.800 8/9/2012 CHF 62.12
EFG FINANCIAL PR 9.200 8/10/2012 CHF 64.82
EFG FINANCIAL PR 10.000 8/10/2012 CHF 65.79
EFG FINANCIAL PR 12.800 8/10/2012 CHF 49.95
EFG FINANCIAL PR 11.700 8/10/2012 USD 26.10
EFG FINANCIAL PR 3.850 8/13/2012 EUR 42.47
EFG FINANCIAL PR 13.000 8/14/2012 EUR 64.20
EFG FINANCIAL PR 12.750 8/14/2012 CHF 44.26
EFG FINANCIAL PR 13.250 8/14/2012 GBP 64.56
EFG FINANCIAL PR 14.000 8/14/2012 EUR 59.22
EFG FINANCIAL PR 12.500 8/14/2012 CHF 63.83
EFG FINANCIAL PR 11.000 8/14/2012 CHF 63.13
EFG FINANCIAL PR 8.500 8/14/2012 CHF 64.23
EFG FINANCIAL PR 15.000 8/14/2012 EUR 64.09
EFG FINANCIAL PR 12.000 8/16/2012 EUR 21.76
EFG FINANCIAL PR 19.600 8/16/2012 EUR 51.42
EFG FINANCIAL PR 11.600 8/17/2012 EUR 57.71
EFG FINANCIAL PR 11.800 8/17/2012 CHF 45.75
EFG FINANCIAL PR 10.250 8/24/2012 CHF 72.73
EFG FINANCIAL PR 11.500 8/24/2012 CHF 42.87
EFG FINANCIAL PR 12.250 8/24/2012 EUR 56.62
EFG FINANCIAL PR 12.500 8/24/2012 CHF 63.65
EFG FINANCIAL PR 13.000 8/24/2012 EUR 63.63
EFG FINANCIAL PR 14.000 8/24/2012 CHF 25.41
EFG FINANCIAL PR 22.000 8/24/2012 USD 19.16
EFG FINANCIAL PR 11.750 8/24/2012 CHF 57.02
EFG FINANCIAL PR 10.000 8/30/2012 EUR 63.04
EFG FINANCIAL PR 12.250 8/30/2012 USD 67.92
EFG FINANCIAL PR 10.260 8/31/2012 EUR 68.06
EFG FINANCIAL PR 12.250 9/3/2012 CHF 64.12
EFG FINANCIAL PR 12.200 9/3/2012 CHF 73.97
EFG FINANCIAL PR 12.000 9/3/2012 EUR 57.88
EFG FINANCIAL PR 10.500 9/3/2012 CHF 43.62
EFG FINANCIAL PR 9.600 9/4/2012 USD 50.60
EFG FINANCIAL PR 9.500 9/4/2012 USD 36.82
EFG FINANCIAL PR 8.500 9/7/2012 USD 29.57
EFG FINANCIAL PR 7.000 9/7/2012 EUR 58.62
EFG FINANCIAL PR 7.000 9/7/2012 CHF 39.39
EFG FINANCIAL PR 7.250 9/7/2012 EUR 55.34
EFG FINANCIAL PR 11.000 9/10/2012 EUR 72.56
EFG FINANCIAL PR 11.000 9/10/2012 EUR 64.17
EFG FINANCIAL PR 9.000 9/10/2012 CHF 43.91
EFG FINANCIAL PR 9.800 9/10/2012 AUD 59.28
EFG FINANCIAL PR 10.000 9/10/2012 EUR 57.51
EFG FINANCIAL PR 11.000 9/17/2012 USD 63.46
EFG FINANCIAL PR 10.000 9/21/2012 USD 48.47
EFG FINANCIAL PR 10.750 9/25/2012 CHF 54.57
EFG FINANCIAL PR 11.000 9/25/2012 USD 65.39
EFG FINANCIAL PR 11.250 9/25/2012 EUR 65.55
EFG FINANCIAL PR 11.250 9/25/2012 CHF 47.52
EFG FINANCIAL PR 12.000 9/25/2012 EUR 62.14
EFG FINANCIAL PR 10.250 9/25/2012 CHF 65.22
EFG FINANCIAL PR 10.000 10/1/2012 CHF 48.05
EFG FINANCIAL PR 9.930 10/3/2012 EUR 23.21
EFG FINANCIAL PR 10.620 10/3/2012 USD 23.40
EFG FINANCIAL PR 10.000 10/4/2012 EUR 69.33
EFG FINANCIAL PR 11.500 10/11/2012 CHF 60.46
EFG FINANCIAL PR 18.000 10/11/2012 EUR 57.60
EFG FINANCIAL PR 20.000 10/11/2012 CHF 18.22
EFG FINANCIAL PR 12.250 10/11/2012 EUR 72.65
EFG FINANCIAL PR 12.000 10/11/2012 USD 61.72
EFG FINANCIAL PR 12.250 10/11/2012 EUR 60.86
EFG FINANCIAL PR 12.500 10/11/2012 GBP 60.88
EFG FINANCIAL PR 12.500 10/11/2012 CHF 48.21
EFG FINANCIAL PR 17.250 10/12/2012 CHF 61.27
EFG FINANCIAL PR 10.000 10/17/2012 EUR 67.79
EFG FINANCIAL PR 12.000 10/19/2012 USD 50.56
EFG FINANCIAL PR 13.750 10/24/2012 USD 59.60
EFG FINANCIAL PR 6.250 10/25/2012 CHF 57.06
EFG FINANCIAL PR 20.500 10/26/2012 EUR 19.61
EFG FINANCIAL PR 13.250 10/26/2012 CHF 49.25
EFG FINANCIAL PR 12.000 10/26/2012 CHF 59.71
EFG FINANCIAL PR 11.250 10/26/2012 CHF 48.55
EFG FINANCIAL PR 21.000 10/26/2012 USD 19.79
EFG FINANCIAL PR 16.750 10/26/2012 CHF 23.30
EFG FINANCIAL PR 20.000 10/26/2012 CHF 19.31
EFG FINANCIAL PR 17.000 10/26/2012 EUR 37.94
EFG FINANCIAL PR 15.000 10/26/2012 CHF 71.15
EFG FINANCIAL PR 13.250 10/26/2012 EUR 59.42
EFG FINANCIAL PR 9.330 10/29/2012 USD 47.91
EFG FINANCIAL PR 13.080 11/5/2012 CHF 70.20
EFG FINANCIAL PR 11.050 11/8/2012 USD 55.33
EFG FINANCIAL PR 6.000 11/12/2012 EUR 46.63
EFG FINANCIAL PR 6.000 11/12/2012 CHF 45.22
EFG FINANCIAL PR 14.750 11/13/2012 CHF 70.38
EFG FINANCIAL PR 14.500 11/13/2012 EUR 62.54
EFG FINANCIAL PR 12.750 11/13/2012 CHF 59.71
EFG FINANCIAL PR 12.750 11/13/2012 CHF 17.94
EFG FINANCIAL PR 10.500 11/13/2012 CHF 49.65
EFG FINANCIAL PR 10.500 11/13/2012 CHF 49.65
EFG FINANCIAL PR 12.500 11/13/2012 EUR 62.25
EFG FINANCIAL PR 13.000 11/13/2012 CHF 62.37
EFG FINANCIAL PR 14.000 11/13/2012 USD 17.99
EFG FINANCIAL PR 17.000 11/13/2012 EUR 47.26
EFG FINANCIAL PR 13.000 11/13/2012 CHF 17.59
EFG FINANCIAL PR 12.830 11/19/2012 CHF 59.92
EFG FINANCIAL PR 14.800 11/20/2012 EUR 49.58
EFG FINANCIAL PR 7.000 11/20/2012 CHF 65.98
EFG FINANCIAL PR 8.000 11/20/2012 CHF 48.32
EFG FINANCIAL PR 8.000 11/20/2012 CHF 73.19
EFG FINANCIAL PR 8.300 11/20/2012 CHF 64.10
EFG FINANCIAL PR 9.300 11/20/2012 CHF 71.74
EFG FINANCIAL PR 9.400 11/20/2012 EUR 60.94
EFG FINANCIAL PR 11.500 11/20/2012 EUR 56.23
EFG FINANCIAL PR 14.500 11/27/2012 EUR 65.42
EFG FINANCIAL PR 16.000 11/27/2012 EUR 38.16
EFG FINANCIAL PR 11.250 11/27/2012 CHF 51.19
EFG FINANCIAL PR 14.500 11/27/2012 CHF 29.71
EFG FINANCIAL PR 10.000 11/27/2012 CHF 74.86
EFG FINANCIAL PR 9.250 11/27/2012 CHF 69.30
EFG FINANCIAL PR 12.250 11/27/2012 EUR 63.98
EFG FINANCIAL PR 12.000 11/27/2012 USD 73.57
EFG FINANCIAL PR 13.250 11/27/2012 CHF 64.88
EFG FINANCIAL PR 14.500 11/27/2012 CHF 71.41
EFG FINANCIAL PR 9.750 12/3/2012 CHF 62.05
EFG FINANCIAL PR 8.500 12/14/2012 CHF 71.99
EFG FINANCIAL PR 10.250 12/14/2012 CHF 72.77
EFG FINANCIAL PR 12.750 12/14/2012 CHF 65.46
EFG FINANCIAL PR 14.250 12/14/2012 GBP 66.02
EFG FINANCIAL PR 14.250 12/14/2012 EUR 62.84
EFG FINANCIAL PR 17.500 12/14/2012 EUR 40.64
EFG FINANCIAL PR 14.000 12/14/2012 EUR 66.82
EFG FINANCIAL PR 10.900 12/21/2012 CHF 52.99
EFG FINANCIAL PR 12.600 12/21/2012 CHF 53.65
EFG FINANCIAL PR 9.300 12/21/2012 CHF 52.38
EFG FINANCIAL PR 12.250 12/27/2012 GBP 66.24
EFG FINANCIAL PR 8.830 12/28/2012 USD 50.84
EFG FINANCIAL PR 10.000 1/9/2013 EUR 52.30
EFG FINANCIAL PR 10.250 1/15/2013 CHF 15.88
EFG FINANCIAL PR 11.250 1/15/2013 GBP 63.38
EFG FINANCIAL PR 12.500 1/15/2013 CHF 41.10
EFG FINANCIAL PR 9.000 1/15/2013 CHF 39.57
EFG FINANCIAL PR 13.000 1/15/2013 CHF 64.72
EFG FINANCIAL PR 5.800 1/23/2013 CHF 64.44
EFG FINANCIAL PR 13.100 2/18/2013 CHF 73.45
EFG FINANCIAL PR 15.000 3/1/2013 CHF 72.71
EFG FINANCIAL PR 10.000 3/6/2013 USD 69.16
EFG FINANCIAL PR 6.750 3/11/2013 EUR 74.93
EFG FINANCIAL PR 11.000 3/13/2013 EUR 74.38
EFG FINANCIAL PR 10.750 3/19/2013 USD 70.09
EFG FINANCIAL PR 10.500 3/21/2013 EUR 66.28
EFG FINANCIAL PR 11.750 3/26/2013 EUR 75.00
EFG FINANCIAL PR 16.000 3/28/2013 CHF 73.38
EFG FINANCIAL PR 11.770 4/2/2013 EUR 73.80
EFG FINANCIAL PR 14.500 4/2/2013 CHF 73.31
EFG FINANCIAL PR 15.370 4/2/2013 USD 71.85
EFG FINANCIAL PR 16.000 4/4/2013 CHF 36.61
EFG FINANCIAL PR 14.000 4/4/2013 CHF 73.61
EFG FINANCIAL PR 12.000 4/4/2013 EUR 71.37
EFG FINANCIAL PR 10.500 4/4/2013 CHF 71.72
EFG FINANCIAL PR 7.530 4/16/2013 EUR 66.04
EFG FINANCIAL PR 7.000 4/19/2013 EUR 56.91
EFG FINANCIAL PR 12.000 4/26/2013 CHF 65.26
EFG FINANCIAL PR 6.500 8/27/2013 CHF 43.03
EFG FINANCIAL PR 8.400 9/30/2013 CHF 51.34
EFG FINANCIAL PR 8.160 4/25/2014 EUR 66.52
EFG FINANCIAL PR 5.850 10/14/2014 CHF 47.73
MARE BALTIC PCC 3.000 11/17/2014 DKK 20.00
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 2.000 11/1/2015 DKK 0.01
SARASIN CI LTD 6.000 6/9/2014 EUR 59.07
ZURCHER KANT FIN 9.250 11/9/2012 CHF 49.85
ZURCHER KANT FIN 9.250 11/9/2012 CHF 73.88
ZURCHER KANT FIN 17.000 2/22/2013 EUR 63.42
ZURCHER KANT FIN 12.500 3/28/2013 EUR 74.46
ZURCHER KANT FIN 7.340 4/16/2013 CHF 59.47
ICELAND
-------
KAUPTHING 7.000 7/24/2009 ISK 26.63
KAUPTHING 6.500 10/8/2010 ISK 26.63
KAUPTHING 0.800 2/15/2011 EUR 26.63
KAUPTHING 8.000 6/22/2011 ISK 0.13
KAUPTHING 7.000 4/28/2012 ISK 0.13
KAUPTHING 5.800 9/7/2012 EUR 26.63
KAUPTHING 7.500 12/5/2014 ISK 26.63
KAUPTHING 6.400 12/15/2015 EUR 26.63
KAUPTHING 7.500 2/1/2045 USD 0.13
KAUPTHING 6.500 2/3/2045 EUR 0.13
KAUPTHING BANK 5.500 2/2/2009 USD 26.63
KAUPTHING BANK 4.950 5/6/2009 EUR 26.63
KAUPTHING BANK 0.200 7/12/2009 JPY 26.63
KAUPTHING BANK 1.800 10/20/2009 JPY 26.63
KAUPTHING BANK 3.000 2/12/2010 CHF 26.63
KAUPTHING BANK 4.700 2/15/2010 CAD 26.63
KAUPTHING BANK 1.650 7/5/2010 JPY 26.63
KAUPTHING BANK 7.500 10/2/2010 EUR 26.63
KAUPTHING BANK 0.945 10/20/2010 JPY 26.63
KAUPTHING BANK 4.470 10/27/2010 EUR 26.63
KAUPTHING BANK 7.000 1/3/2011 EUR 26.63
KAUPTHING BANK 4.500 1/17/2011 EUR 26.63
KAUPTHING BANK 7.500 4/2/2011 EUR 26.63
KAUPTHING BANK 0.690 5/21/2011 JPY 26.63
KAUPTHING BANK 7.700 10/2/2011 EUR 26.63
KAUPTHING BANK 5.750 10/4/2011 USD 26.63
KAUPTHING BANK 5.750 10/4/2011 USD 26.63
KAUPTHING BANK 4.530 4/24/2012 EUR 26.63
KAUPTHING BANK 1.990 7/5/2012 JPY 26.63
KAUPTHING BANK 4.650 2/19/2013 EUR 26.63
KAUPTHING BANK 5.000 11/8/2013 EUR 26.63
KAUPTHING BANK 5.400 3/22/2014 ISK 0.13
KAUPTHING BANK 7.625 2/28/2015 USD 26.63
KAUPTHING BANK 7.625 2/28/2015 USD 26.63
KAUPTHING BANK 9.750 9/10/2015 USD 26.63
KAUPTHING BANK 7.125 5/19/2016 USD 0.13
KAUPTHING BANK 7.125 5/19/2016 USD 0.13
KAUPTHING BANK 1.750 6/7/2016 EUR 26.63
KAUPTHING BANK 6.125 10/4/2016 USD 26.63
KAUPTHING BANK 6.125 10/4/2016 USD 26.63
KAUPTHING BANK 4.900 5/29/2017 EUR 26.63
KAUPTHING BANK 5.250 7/18/2017 BGN 26.63
KAUPTHING BANK 3.750 2/15/2024 ISK 26.63
KAUPTHING BANK 5.000 1/4/2027 SKK 26.63
KAUPTHING HF 7.900 2/1/2016 EUR 26.63
KAUPTHING HF 7.900 4/28/2016 EUR 26.63
LANDSBANKI ISLAN 4.375 10/20/2008 EUR 5.75
LANDSBANKI ISLAN 4.400 1/18/2010 CAD 5.75
LANDSBANKI ISLAN 4.320 1/31/2010 EUR 5.75
LANDSBANKI ISLAN 7.000 4/2/2010 EUR 5.75
LANDSBANKI ISLAN 4.280 11/19/2010 EUR 5.75
LANDSBANKI ISLAN 3.000 12/7/2010 CHF 5.75
LANDSBANKI ISLAN 4.340 3/1/2011 EUR 5.75
LANDSBANKI ISLAN 2.750 3/16/2011 EUR 5.75
LANDSBANKI ISLAN 7.250 4/2/2011 EUR 5.75
LANDSBANKI ISLAN 6.100 8/25/2011 USD 5.75
LANDSBANKI ISLAN 6.100 8/25/2011 USD 5.75
LANDSBANKI ISLAN 4.530 4/24/2012 EUR 5.75
LANDSBANKI ISLAN 3.340 5/11/2012 EUR 5.75
LANDSBANKI ISLAN 4.750 5/31/2013 EUR 5.75
LANDSBANKI ISLAN 6.750 2/18/2015 EUR 5.75
LANDSBANKI ISLAN 6.750 8/18/2015 EUR 5.75
LANDSBANKI ISLAN 3.000 10/22/2015 EUR 5.75
LANDSBANKI ISLAN 7.750 2/22/2016 USD 5.75
LANDSBANKI ISLAN 6.000 6/6/2017 EUR 5.75
LANDSBANKI ISLAN 5.250 6/5/2023 EUR 5.75
LANDSBANKI ISLAN 7.200 4/27/2026 EUR 0.25
LANDSBANKI ISLAN 4.400 11/30/2035 EUR 0.25
LANDSBANKI ISLND 3.110 11/10/2008 EUR 5.75
LANDSBANKI ISLND 4.400 11/3/2009 CZK 5.75
LANDSBANKI ISLND 3.200 5/10/2010 SKK 5.75
LANDSBANKI ISLND 2.250 2/14/2011 CHF 5.75
LANDSBANKI ISLND 8.650 5/1/2011 ISK 5.75
LANDSBANKI ISLND 3.360 8/17/2012 EUR 5.75
LANDSBANKI ISLND 5.080 3/1/2013 ISK 5.75
LANDSBANKI ISLND 1.683 12/22/2014 JPY 5.75
LANDSBANKI ISLND 4.075 3/16/2015 EUR 5.75
LANDSBANKI ISLND 4.000 9/23/2015 EUR 5.75
LANDSBANKI ISLND 5.440 9/3/2018 EUR 0.25
LANDSBANKI ISLND 2.220 10/15/2019 JPY 5.75
LANDSBANKI ISLND 2.140 2/3/2020 JPY 5.75
LANDSBANKI ISLND 4.340 12/22/2025 EUR 5.75
LANDSBANKI ISLND 3.450 12/18/2033 JPY 0.25
IRELAND
-------
AIB MORTGAGE BNK 5.580 4/28/2028 EUR 61.04
AIB MORTGAGE BNK 5.000 2/12/2030 EUR 54.11
AIB MORTGAGE BNK 5.000 3/1/2030 EUR 54.05
BANESTO FINANC 5.000 6/1/2024 EUR 67.75
BANESTO FINANC 6.050 7/2/2025 EUR 72.57
BANESTO FINANC 5.000 3/23/2030 EUR 58.87
BANK OF IRELAND 5.600 9/18/2023 EUR 59.00
BK IRELAND MTGE 5.760 9/7/2029 EUR 73.67
BK IRELAND MTGE 5.360 10/12/2029 EUR 69.94
BK IRELAND MTGE 5.400 11/6/2029 EUR 70.19
BK IRELAND MTGE 5.450 3/1/2030 EUR 69.87
DEPFA ACS BANK 0.500 3/3/2025 CAD 40.19
DEPFA ACS BANK 3.250 7/31/2031 CHF 69.02
DEPFA ACS BANK 4.900 8/24/2035 CAD 72.63
DEPFA ACS BANK 5.125 3/16/2037 USD 68.66
DEPFA ACS BANK 5.125 3/16/2037 USD 69.01
KALVEBOD PLC 2.000 5/1/2106 DKK 35.00
ONO FINANCE II 11.125 7/15/2019 EUR 75.17
ONO FINANCE II 10.875 7/15/2019 USD 75.25
ONO FINANCE II 10.875 7/15/2019 USD 73.75
ITALY
-----
ABRUZZO REGION 4.408 5/5/2026 EUR 72.83
ABRUZZO REGION 4.450 3/1/2037 EUR 67.34
ASTICO AL BRENTA 4.088 12/31/2021 EUR 64.89
BANCA 121 SPA 6.370 12/21/2026 EUR 74.55
BANCA MARCHE 4.000 2/1/2022 EUR 74.75
BANCA MARCHE 5.500 9/16/2030 EUR 71.13
BANCA NAZ LAVORO 4.652 2/3/2023 EUR 71.84
BANCA NAZ LAVORO 3.770 11/20/2024 EUR 62.25
BANCA NAZ LAVORO 3.370 11/20/2024 EUR 59.25
BANCA NAZ LAVORO 2.470 5/10/2026 EUR 71.42
BANCA POP EMILIA 4.000 4/12/2020 EUR 74.41
BANCA POP LODI 5.250 4/3/2029 EUR 71.41
BANCA POP VERONA 2.900 10/30/2028 EUR 70.96
BANCA POP VERONA 5.250 4/3/2029 EUR 71.41
BANCA POP VICENT 4.970 4/20/2027 EUR 65.81
BANCO POP VERONA 5.250 4/3/2029 EUR 71.41
BANCO POPOLARE 9.000 3/29/2049 EUR 51.63
BP CIVIDALE 3.180 5/19/2020 EUR 68.13
BTPS 4.000 2/1/2037 EUR 74.69
BTPS I/L 2.350 9/15/2035 EUR 60.74
BTPS I/L 2.550 9/15/2041 EUR 63.70
C TRECATE 3.674 12/31/2025 EUR 51.23
CASSA DEL TRENT 4.827 12/31/2027 EUR 60.18
CASSA RISP LUCCA 5.250 4/3/2029 EUR 71.41
CIR SPA 5.750 12/16/2024 EUR 74.38
CIRIO SPA 8.000 12/21/2005 EUR 0.50
CITY OF NAPLES 4.783 12/31/2037 EUR 68.10
CITY OF TURIN 5.270 6/26/2038 EUR 71.22
CITY OF VENICE 4.265 3/26/2026 EUR 54.72
CITY OF VENICE 4.265 3/26/2026 EUR 54.42
CO ACERRA 3.490 9/30/2025 EUR 72.09
CO ACQUAFREDDA 3.749 12/31/2025 EUR 51.80
CO AIROLA 3.780 9/30/2025 EUR 73.03
CO ALBA ADRIATIC 4.469 6/30/2026 EUR 56.39
CO ALBERONA 3.810 6/27/2025 EUR 73.59
CO ALBINO 3.630 6/27/2025 EUR 71.00
CO ANDRANO 3.921 12/31/2035 EUR 54.84
CO ARIANO IRPINO 3.588 9/30/2025 EUR 72.17
CO AVIGLIANO 3.675 12/31/2025 EUR 51.24
CO BATTIPAGLIA 3.612 12/31/2025 EUR 72.19
CO BEINASCO 3.760 12/31/2025 EUR 57.80
CO BELLA 3.675 12/31/2025 EUR 51.24
CO BERLINGO 4.297 12/31/2036 EUR 57.59
CO BOSSICO 4.219 12/31/2026 EUR 73.11
CO BOVALINO 3.990 12/31/2025 EUR 74.14
CO BRAONE 4.620 6/30/2036 EUR 60.56
CO BRAONE 4.567 6/30/2037 EUR 70.70
CO CALCINATO 3.997 12/31/2025 EUR 53.63
CO CALVI RISORTA 4.520 9/30/2026 EUR 74.97
CO CAMPI SALENTI 3.620 9/30/2025 EUR 72.25
CO CANDELA 3.780 9/30/2025 EUR 73.41
CO CAPACCIO 3.690 9/30/2025 EUR 72.56
CO CARBONERA 3.750 12/31/2025 EUR 72.48
CO CARINOLA 3.760 9/30/2025 EUR 73.08
CO CASARANO 3.750 9/30/2025 EUR 72.91
CO CASTELFRANCO 3.706 12/31/2025 EUR 51.32
CO CASTELLALTO 3.760 9/30/2025 EUR 72.68
CO CASTELMASSA 3.960 3/31/2026 EUR 53.61
CO CASTELVETRO M 4.906 12/31/2028 EUR 74.44
CO CASTROVILLARI 3.608 7/15/2025 EUR 74.71
CO CASTROVILLARI 3.680 9/30/2025 EUR 72.54
CO CAZZAGO SAN M 4.591 12/31/2036 EUR 60.32
CO CAZZAGO SAN M 4.462 6/30/2037 EUR 67.51
CO CELANO 4.030 12/31/2035 EUR 68.48
CO CERNOBBIO 3.620 6/27/2025 EUR 71.01
CO CERNOBBIO 3.790 12/22/2025 EUR 72.40
CO CHIARAVALLE C 3.800 9/30/2025 EUR 73.13
CO CHIAROMONTE 3.645 12/31/2025 EUR 50.65
CO CHIETI 3.730 12/31/2025 EUR 72.32
CO CIAMPINO 3.559 12/31/2020 EUR 65.52
CO CIMITILE 3.750 9/30/2025 EUR 73.24
CO CINGIA DE BO 4.508 12/31/2036 EUR 59.66
CO CITTA SANTA 3.710 12/31/2025 EUR 72.20
CO COLLIO 4.655 12/31/2036 EUR 60.54
CO CORTE DE FRAT 4.372 12/31/2036 EUR 58.58
CO DALMINE 3.690 3/31/2026 EUR 72.30
CO DELICETO 3.810 9/30/2025 EUR 73.41
CO ESINE 3.749 12/31/2025 EUR 51.80
CO FORLI 4.086 12/31/2028 EUR 70.10
CO FORLI 4.874 12/31/2028 EUR 73.93
CO FORLI 3.755 6/30/2029 EUR 68.16
CO FRANCOLISE 4.060 12/31/2025 EUR 74.09
CO GALATONE 3.657 12/31/2025 EUR 51.10
CO GAVARDO 4.767 6/30/2037 EUR 61.66
CO GIANICO 4.225 12/31/2026 EUR 53.47
CO GIULIANOVA 3.534 7/13/2025 EUR 72.32
CO GRONTARDO 4.097 12/31/2035 EUR 56.29
CO IMPRUNETA 4.650 9/30/2036 EUR 71.94
CO LASTRA A SIGN 3.980 3/31/2026 EUR 73.49
CO LOCRI 3.910 9/30/2025 EUR 73.88
CO LUMEZZANE 4.357 6/30/2026 EUR 55.53
CO LUMEZZANE 4.116 12/31/2026 EUR 52.94
CO LUMEZZANE 4.527 12/31/2026 EUR 55.94
CO MADDALONI 3.710 9/30/2025 EUR 73.02
CO MANERBA GARDA 4.640 6/30/2024 EUR 61.36
CO MARGHERITA SA 3.690 3/31/2026 EUR 72.19
CO MELENDUGNO 3.675 12/31/2025 EUR 51.24
CO MERCATO SAN S 3.973 12/31/2035 EUR 55.30
CO MONFALCONE 3.700 12/31/2024 EUR 73.86
CO MONTALTO UFFU 3.880 12/31/2025 EUR 72.96
CO MONTALTO UFFU 4.400 12/31/2026 EUR 74.10
CO MONTE PORZIO 4.369 12/31/2026 EUR 54.27
CO MONTECORVINO 1.855 9/1/2025 EUR 63.42
CO MONTORIO AL V 3.760 9/30/2025 EUR 72.90
CO MORBEGNO 3.710 12/31/2025 EUR 72.23
CO OLMENETA 4.555 12/31/2036 EUR 60.03
CO ORSARA PUGLIA 3.800 9/30/2025 EUR 73.17
CO PAOLISI 3.810 9/30/2025 EUR 73.27
CO PIANICO 4.425 6/30/2026 EUR 55.81
CO PIETRAMELARA 3.810 9/30/2025 EUR 73.42
CO PIGNOLA 3.675 12/31/2025 EUR 51.24
CO POGGIARDO 3.675 12/31/2025 EUR 51.24
CO POLIGNANO A M 3.720 9/30/2025 EUR 72.71
CO PONTASSIEVE 3.720 3/31/2026 EUR 72.42
CO PORLEZZA 4.630 6/30/2036 EUR 71.84
CO POTENZA 3.710 9/30/2025 EUR 73.32
CO PRIVERNO 3.760 9/30/2025 EUR 72.96
CO PROVAGLIO DI 4.687 6/30/2036 EUR 61.10
CO PROVAGLIO DI 4.572 6/30/2037 EUR 68.48
CO QUALIANO 4.490 12/26/2026 EUR 74.50
CO RECALE 4.040 12/31/2025 EUR 61.22
CO RIARDO 3.810 9/30/2025 EUR 73.53
CO ROCCA PAPA 4.320 12/20/2026 EUR 74.05
CO ROSSANO 3.710 6/30/2025 EUR 73.45
CO RUVO PUGLIA 3.830 12/31/2025 EUR 72.63
CO SAMMICHELE BA 3.750 9/30/2025 EUR 72.99
CO SANTA MARIA C 4.164 12/30/2024 EUR 74.79
CO SANTAGATA PU 3.810 9/30/2025 EUR 73.20
CO SAVOIA LUCANI 3.675 12/31/2025 EUR 51.24
CO SERRA SAN BRU 3.800 9/30/2025 EUR 72.74
CO SOMMARIVA BOS 3.800 12/31/2025 EUR 72.61
CO STORNARA 3.840 12/31/2025 EUR 73.17
CO TARVISIO 3.820 12/31/2025 EUR 72.78
CO TAURIANOVA 3.830 9/30/2025 EUR 73.41
CO TEMU 4.416 12/31/2026 EUR 55.27
CO TERRACINA 3.760 12/31/2025 EUR 72.62
CO TORCHIAROLO 3.800 9/30/2025 EUR 68.61
CO TREPUZZI 3.675 12/31/2025 EUR 51.24
CO TROIA 3.810 9/30/2025 EUR 73.58
CO TROIA 3.870 9/30/2025 EUR 73.62
CO UGENTO 3.675 12/31/2025 EUR 51.24
CO VALDOBBIADENE 3.717 12/31/2024 EUR 65.87
CO VASTO 3.775 12/31/2025 EUR 72.37
CO VEZZA DOGLIO 4.555 12/31/2036 EUR 60.08
CO VILLASANTA 3.680 12/31/2025 EUR 72.10
CO VOBARNO 4.572 6/30/2037 EUR 68.68
COM QUARTO S'EL 3.840 12/31/2025 EUR 73.09
COMU MONT LEOGRA 3.685 1/15/2026 EUR 51.20
COMU MONT LEOGRA 4.518 7/31/2026 EUR 56.56
COMU MONT LEOGRA 4.362 1/13/2037 EUR 58.54
COMUNE ARGENTA 4.056 6/30/2029 EUR 69.53
COMUNE BAGNOLO 4.196 6/30/2028 EUR 71.65
COMUNE BAISO 4.931 6/30/2033 EUR 74.96
COMUNE BAISO 3.920 12/31/2034 EUR 61.21
COMUNE CAPUA 4.280 3/31/2027 EUR 74.06
COMUNE CARPINETI 5.151 6/30/2033 EUR 69.82
COMUNE CARPINETI 4.246 6/30/2034 EUR 70.70
COMUNE CASTELNOV 4.601 6/30/2028 EUR 73.67
COMUNE CASTELNOV 3.806 6/30/2029 EUR 68.00
COMUNE CASTELNOV 3.916 12/31/2029 EUR 67.87
COMUNE CATTOLICA 3.871 12/31/2029 EUR 67.61
COMUNE CERVIA 3.956 12/31/2028 EUR 69.77
COMUNE COMACCHIO 4.805 6/30/2028 EUR 58.74
COMUNE COMACCHIO 4.131 12/31/2028 EUR 70.27
COMUNE COMACCHIO 3.886 6/30/2029 EUR 68.41
COMUNE COMACCHIO 3.778 12/31/2029 EUR 67.09
COMUNE COMACCHIO 3.758 12/31/2029 EUR 67.03
COMUNE COMACCHIO 3.751 12/31/2029 EUR 67.08
COMUNE COMACCHIO 3.941 12/31/2029 EUR 67.76
COMUNE DI BIELLA 3.641 6/30/2025 EUR 72.38
COMUNE DI GENOVA 3.728 12/2/2030 EUR 71.27
COMUNE DI GENOVA 3.744 1/30/2031 EUR 70.17
COMUNE DI GENOVA 4.270 1/26/2032 EUR 74.71
COMUNE DI MARANO 4.914 6/30/2028 EUR 59.79
COMUNE DI MILANO 4.019 6/29/2035 EUR 60.64
COMUNE DI PARMA 4.861 12/31/2028 EUR 74.19
COMUNE DI PARMA 3.956 12/31/2028 EUR 69.65
COMUNE DI RIMINI 3.966 12/12/2028 EUR 69.12
COMUNE DI RIMINI 4.645 10/24/2038 EUR 62.07
COMUNE DI RIMINI 4.096 10/20/2039 EUR 58.63
COMUNE DI RIMINI 4.034 12/28/2039 EUR 57.83
COMUNE DI RIVOLI 3.740 12/31/2025 EUR 72.47
COMUNE DI SAREGO 4.307 12/31/2031 EUR 67.73
COMUNE DI TERNI 3.529 6/30/2030 EUR 70.38
COMUNE DI VENOSE 4.190 12/22/2035 EUR 69.39
COMUNE DRIZZONA 4.615 6/30/2036 EUR 69.66
COMUNE FUCECCHIO 3.750 12/31/2025 EUR 72.40
COMUNE GRUGLIASC 3.530 9/30/2025 EUR 71.91
COMUNE GRUGLIASC 3.720 3/31/2026 EUR 72.13
COMUNE LANGHIRAN 3.833 6/30/2029 EUR 68.61
COMUNE MARSCIANO 4.025 12/31/2035 EUR 55.29
COMUNE MARSCIANO 4.123 12/15/2038 EUR 63.02
COMUNE MARSCIANO 5.197 11/19/2039 EUR 69.29
COMUNE MESSINA 4.321 12/29/2036 EUR 69.46
COMUNE NOVELLARA 3.801 12/31/2029 EUR 67.23
COMUNE PAVULLO 4.106 12/31/2028 EUR 70.16
COMUNE PAVULLO 4.076 6/30/2029 EUR 69.58
COMUNE PIADENA 4.047 12/31/2035 EUR 55.76
COMUNE PIADENA 4.675 6/30/2041 EUR 65.01
COMUNE SCANDIANO 3.976 12/31/2028 EUR 69.60
COMUNE SCANDICCI 3.714 7/15/2025 EUR 73.34
COMUNE SESTOLA 4.501 12/31/2028 EUR 72.08
COMUNE SESTOLA 4.076 6/30/2029 EUR 69.72
COMUNE SGVN 3.774 6/30/2029 EUR 67.49
COMUNE SGVN 3.938 12/31/2029 EUR 67.70
COMUNE SOVERE 3.932 12/31/2030 EUR 66.71
COMUNE TERRE CAS 4.066 12/31/2038 EUR 57.87
COMUNE VALDAGNO 4.273 12/31/2026 EUR 73.49
COMUNE VIAREGGIO 4.702 10/24/2028 EUR 74.41
COMUNE VIAREGGIO 3.956 12/29/2028 EUR 70.12
COMUNE VIAREGGIO 4.920 12/30/2029 EUR 73.13
CROTONE 3.700 9/30/2025 EUR 73.12
CROTONE 3.590 9/30/2025 EUR 72.22
DEXIA CREDIOP 4.250 10/22/2018 EUR 65.01
ENEL (ENTNZENEL) 5.750 6/22/2037 GBP 74.52
GARDONE RIVIERA 4.552 6/30/2037 EUR 68.58
ICCREA BANCAIMPR 5.220 4/11/2017 EUR 48.00
INTESA SANPAOLO 2.250 1/22/2020 EUR 74.71
INTESA SANPAOLO 2.882 4/20/2020 EUR 70.85
MALEGNO 4.495 6/30/2036 EUR 66.66
MONTE DEI PASCHI 5.750 9/30/2016 GBP 71.84
MONTE DEI PASCHI 3.750 8/30/2020 EUR 69.69
PERUGIA 3.695 12/28/2025 EUR 72.86
PESCARA 3.741 12/21/2030 EUR 68.53
POTENZA 4.175 11/22/2024 EUR 74.88
PRALBOINO 4.567 6/30/2037 EUR 60.13
PROV DI VARESE 5.146 12/18/2039 EUR 70.35
PROV DI VARESE 4.913 11/30/2047 EUR 58.18
PROV OF LECCE 4.174 12/31/2026 EUR 72.97
PROV PESAR URBIN 3.735 6/30/2038 EUR 56.47
PROVI DI COSENZA 5.290 3/28/2033 EUR 71.49
PROVINC RAVENNA 3.670 3/31/2026 EUR 72.40
PROVINCE TARANTO 3.680 12/31/2025 EUR 72.15
PROVINCIA FORLI' 4.350 12/31/2028 EUR 71.64
PROVINCIA GENOA 5.070 3/31/2028 EUR 74.80
PROVINCIA MODENA 3.941 12/31/2028 EUR 69.43
PROVINCIA PADOVA 4.156 11/24/2028 EUR 74.30
PROVINCIA PADOVA 3.730 12/31/2028 EUR 68.13
PROVINCIA SALERN 4.500 12/10/2034 EUR 71.73
PROVINCIA SALERN 4.310 1/18/2035 EUR 70.09
PROVINCIA SALERN 3.930 12/22/2035 EUR 67.45
PROVINCIA SALERN 4.330 12/22/2036 EUR 68.66
PROVINCIA VERONA 3.674 12/22/2025 EUR 74.76
PRVASCOLI PICENO 4.077 3/15/2026 EUR 53.13
REGGIO EMILIA 4.426 12/31/2028 EUR 71.70
REGION OF CAMPAN 4.849 6/29/2026 EUR 59.10
REGION OF LAZIO 5.695 6/23/2028 EUR 58.40
REGION OF LAZIO 5.695 6/23/2028 EUR 59.37
REGION OF LIGURI 4.795 11/22/2034 EUR 66.34
REGION OF LOMBAR 5.804 10/25/2032 USD 74.90
REGION OF MARCHE 4.710 12/31/2018 EUR 61.85
REGION OF MARCHE 4.648 6/27/2023 EUR 63.59
REGION OF UMBRIA 5.087 6/15/2037 EUR 59.07
REP OF ITALY 5.250 12/7/2034 GBP 74.34
REP OF ITALY 2.870 5/19/2036 JPY 51.47
REP OF ITALY 1.850 9/15/2057 EUR 42.86
REP OF ITALY 2.200 9/15/2058 EUR 48.74
REP OF ITALY 4.850 6/11/2060 EUR 66.74
REP OF ITALY 2.000 9/15/2062 EUR 44.11
ROMANO LOMBARDIA 4.313 12/31/2026 EUR 73.41
ROMULUS FINANCE 5.441 2/20/2023 GBP 72.98
SARDINIA REGION 4.383 12/20/2034 EUR 68.78
SARDINIA REGION 4.022 11/28/2035 EUR 66.06
SEAT PAGINE 10.500 1/31/2017 EUR 61.50
SEAT PAGINE 10.500 1/31/2017 EUR 62.97
SEAT PAGINE 10.500 1/31/2017 EUR 60.75
SEAT PAGINE 10.500 1/31/2017 EUR 63.00
TELECOM ITALIA 5.250 3/17/2055 EUR 68.44
UNIONE DI BANCHE 6.250 11/18/2018 EUR 33.22
UNIPOL ASSICURAZ 5.660 7/28/2023 EUR 57.69
VALLE D'AOSTA 4.197 12/31/2026 EUR 74.28
VIBO VALENTIA 3.794 6/15/2026 EUR 52.12
LUXEMBOURG
----------
ARCELORMITTAL 7.250 4/1/2014 EUR 22.44
CERRUTI FINANCE 6.500 7/26/2004 EUR 1.50
CIRIO FINANCE 7.500 11/3/2002 EUR 1.00
CIRIO HOLDING 6.250 2/16/2004 EUR 0.13
CODERE FIN LUX 9.250 2/15/2019 USD 74.25
CODERE FIN LUX 9.250 2/15/2019 USD 75.33
DEL MONTE FIN SA 6.625 5/24/2006 EUR 12.13
ESFG INTERNATION 6.875 10/21/2019 EUR 64.47
ESPIRITO SANTO F 9.750 12/19/2025 EUR 64.83
FINMEK INTL 7.000 12/3/2004 EUR 0.13
GLOBAL BOND VIII 3.700 9/18/2017 EUR 74.63
HELLAS III 8.500 10/15/2013 EUR 0.25
HELLAS III 8.500 10/15/2013 EUR 0.25
IIB LUXEMBOURG 11.000 2/19/2013 USD 1.38
INTL INDUST BANK 9.000 7/6/2011 EUR 1.09
IT HOLDING FIN 9.875 11/15/2012 EUR 0.13
IT HOLDING FIN 9.875 11/15/2012 EUR 0.13
LA VEGGIA FIN 7.125 11/14/2004 EUR 1.38
LIGHTHOUSE INTL 8.000 4/30/2014 EUR 10.75
LIGHTHOUSE INTL 8.000 4/30/2014 EUR 10.75
TEKSID ALUMI LUX 11.375 7/15/2011 EUR 1.38
VIVALDIS 0.500 6/13/2013 EUR 61.45
VIVALDIS 0.500 6/13/2028 EUR 61.45
VIVALDIS 0.500 8/8/2028 EUR 66.04
NETHERLANDS
-----------
APP INTL FINANCE 11.750 10/1/2005 USD 0.00
ASTANA FINANCE 7.875 6/8/2010 EUR 9.79
ASTANA FINANCE 9.000 11/16/2011 USD 4.38
ASTANA FINANCE 14.500 7/2/2013 USD 3.00
ATRADIUS FIN BV 5.875 9/3/2024 EUR 69.22
BK NED GEMEENTEN 0.500 3/3/2021 NZD 68.89
BK NED GEMEENTEN 0.500 3/29/2021 NZD 70.44
BK NED GEMEENTEN 0.500 5/12/2021 ZAR 57.54
BK NED GEMEENTEN 0.500 6/22/2021 ZAR 57.09
BK NED GEMEENTEN 0.500 6/7/2022 ZAR 53.56
BK NED GEMEENTEN 0.500 7/12/2022 ZAR 54.59
BK NED GEMEENTEN 0.500 8/15/2022 ZAR 56.89
BK NED GEMEENTEN 0.500 2/24/2025 CAD 67.84
BLT FINANCE BV 7.500 5/15/2014 USD 13.90
BLT FINANCE BV 7.500 5/15/2014 USD 14.00
BLT FINANCE BV 12.000 2/10/2015 USD 24.88
BRIT INSURANCE 6.625 12/9/2030 GBP 54.96
BULGARIA STEEL 12.000 5/4/2013 EUR 5.38
BULGARIA STEEL 12.000 5/4/2013 EUR 5.38
CIRIO DEL MONTE 7.750 3/14/2005 EUR 2.13
ENEL FIN INTL NV 5.750 9/14/2040 GBP 73.65
GREENWICH AVENUE 10.000 6/30/2013 USD 0.75
ING BANK NV 4.200 12/19/2035 EUR 66.23
KPNQWEST BV 8.875 2/1/2008 EUR 0.13
KPNQWEST BV 8.875 2/1/2008 EUR 0.13
KPNQWEST BV 8.875 2/1/2008 EUR 0.13
KPNQWEST BV 8.125 6/1/2009 USD 0.13
KPNQWEST BV 7.125 6/1/2009 EUR 0.13
KPNQWEST BV 7.125 6/1/2009 EUR 0.13
KPNQWEST BV 7.125 6/1/2009 EUR 0.13
KPNQWEST NV 10.000 3/15/2012 EUR 0.13
LEHMAN BROS TR B 3.500 9/29/2017 EUR 3.88
LEHMAN BROS TSY 23.300 9/16/2008 USD 17.13
LEHMAN BROS TSY 4.050 9/16/2008 EUR 3.88
LEHMAN BROS TSY 7.375 9/20/2008 EUR 17.13
LEHMAN BROS TSY 18.250 10/2/2008 USD 17.13
LEHMAN BROS TSY 7.250 10/6/2008 EUR 17.13
LEHMAN BROS TSY 16.000 10/8/2008 CHF 17.13
LEHMAN BROS TSY 10.000 10/22/2008 USD 17.13
LEHMAN BROS TSY 8.000 10/23/2008 USD 17.13
LEHMAN BROS TSY 6.000 10/24/2008 EUR 17.13
LEHMAN BROS TSY 7.500 10/24/2008 USD 17.13
LEHMAN BROS TSY 5.000 10/24/2008 CHF 17.13
LEHMAN BROS TSY 16.000 10/28/2008 USD 17.13
LEHMAN BROS TSY 13.150 10/30/2008 USD 17.13
LEHMAN BROS TSY 16.000 11/9/2008 USD 17.13
LEHMAN BROS TSY 14.100 11/12/2008 USD 17.13
LEHMAN BROS TSY 10.442 11/22/2008 CHF 17.13
LEHMAN BROS TSY 7.000 11/28/2008 CHF 17.13
LEHMAN BROS TSY 16.000 12/26/2008 USD 17.13
LEHMAN BROS TSY 6.720 12/29/2008 EUR 3.88
LEHMAN BROS TSY 13.432 1/8/2009 ILS 17.13
LEHMAN BROS TSY 7.750 1/30/2009 EUR 17.13
LEHMAN BROS TSY 6.600 2/9/2009 EUR 3.88
LEHMAN BROS TSY 13.000 2/16/2009 CHF 17.13
LEHMAN BROS TSY 11.000 2/16/2009 CHF 17.13
LEHMAN BROS TSY 0.500 2/16/2009 EUR 17.13
LEHMAN BROS TSY 10.000 2/16/2009 CHF 17.13
LEHMAN BROS TSY 5.000 3/13/2009 EUR 3.88
LEHMAN BROS TSY 9.000 3/17/2009 GBP 17.13
LEHMAN BROS TSY 10.000 3/27/2009 USD 3.88
LEHMAN BROS TSY 7.000 4/14/2009 EUR 17.13
LEHMAN BROS TSY 8.000 4/20/2009 EUR 3.88
LEHMAN BROS TSY 4.000 4/24/2009 USD 17.13
LEHMAN BROS TSY 3.850 4/24/2009 USD 17.13
LEHMAN BROS TSY 2.480 5/12/2009 USD 3.88
LEHMAN BROS TSY 2.250 5/12/2009 USD 3.88
LEHMAN BROS TSY 16.200 5/14/2009 USD 17.13
LEHMAN BROS TSY 4.100 5/20/2009 USD 17.13
LEHMAN BROS TSY 8.000 5/22/2009 USD 17.13
LEHMAN BROS TSY 8.000 5/22/2009 USD 17.13
LEHMAN BROS TSY 10.000 5/22/2009 USD 17.13
LEHMAN BROS TSY 17.000 6/2/2009 USD 17.13
LEHMAN BROS TSY 13.500 6/2/2009 USD 17.13
LEHMAN BROS TSY 15.000 6/4/2009 CHF 17.13
LEHMAN BROS TSY 3.700 6/6/2009 EUR 3.88
LEHMAN BROS TSY 9.000 6/13/2009 USD 17.13
LEHMAN BROS TSY 5.750 6/15/2009 CHF 17.13
LEHMAN BROS TSY 5.500 6/15/2009 CHF 17.13
LEHMAN BROS TSY 10.000 6/17/2009 USD 17.13
LEHMAN BROS TSY 3.000 6/23/2009 EUR 3.88
LEHMAN BROS TSY 11.000 6/29/2009 EUR 17.13
LEHMAN BROS TSY 8.500 7/6/2009 CHF 17.13
LEHMAN BROS TSY 4.500 8/2/2009 USD 17.13
LEHMAN BROS TSY 8.000 8/3/2009 USD 17.13
LEHMAN BROS TSY 16.800 8/21/2009 USD 17.13
LEHMAN BROS TSY 7.500 9/13/2009 CHF 17.13
LEHMAN BROS TSY 3.400 9/21/2009 HKD 17.13
LEHMAN BROS TSY 3.820 10/20/2009 USD 17.13
LEHMAN BROS TSY 2.750 10/28/2009 EUR 3.88
LEHMAN BROS TSY 2.000 11/16/2009 EUR 3.88
LEHMAN BROS TSY 5.250 11/21/2009 USD 3.88
LEHMAN BROS TSY 7.585 11/22/2009 MXN 17.13
LEHMAN BROS TSY 8.800 12/27/2009 EUR 17.13
LEHMAN BROS TSY 10.000 1/4/2010 USD 3.88
LEHMAN BROS TSY 1.750 2/7/2010 EUR 17.13
LEHMAN BROS TSY 7.500 2/14/2010 AUD 17.13
LEHMAN BROS TSY 7.000 2/15/2010 CHF 17.13
LEHMAN BROS TSY 4.100 2/19/2010 EUR 3.88
LEHMAN BROS TSY 6.450 2/20/2010 AUD 17.13
LEHMAN BROS TSY 1.000 2/26/2010 USD 3.88
LEHMAN BROS TSY 4.000 2/28/2010 EUR 17.13
LEHMAN BROS TSY 11.750 3/1/2010 EUR 17.13
LEHMAN BROS TSY 7.600 3/4/2010 NZD 17.13
LEHMAN BROS TSY 4.250 5/15/2010 EUR 3.88
LEHMAN BROS TSY 2.000 5/17/2010 EUR 17.13
LEHMAN BROS TSY 4.000 5/17/2010 USD 3.88
LEHMAN BROS TSY 7.500 5/30/2010 AUD 17.13
LEHMAN BROS TSY 4.000 5/30/2010 USD 17.13
LEHMAN BROS TSY 3.000 6/3/2010 EUR 3.88
LEHMAN BROS TSY 3.100 6/4/2010 USD 17.13
LEHMAN BROS TSY 7.250 6/20/2010 USD 3.88
LEHMAN BROS TSY 1.600 6/21/2010 JPY 3.88
LEHMAN BROS TSY 5.500 6/22/2010 USD 3.88
LEHMAN BROS TSY 7.000 7/11/2010 EUR 3.88
LEHMAN BROS TSY 6.000 7/28/2010 EUR 17.13
LEHMAN BROS TSY 6.000 7/28/2010 EUR 17.13
LEHMAN BROS TSY 10.500 8/9/2010 EUR 17.13
LEHMAN BROS TSY 4.000 8/11/2010 USD 3.88
LEHMAN BROS TSY 4.100 8/23/2010 USD 17.13
LEHMAN BROS TSY 3.000 9/13/2010 JPY 17.13
LEHMAN BROS TSY 4.000 10/12/2010 USD 17.13
LEHMAN BROS TSY 1.500 10/12/2010 EUR 3.88
LEHMAN BROS TSY 7.000 10/22/2010 EUR 3.88
LEHMAN BROS TSY 1.280 11/6/2010 JPY 17.13
LEHMAN BROS TSY 14.900 11/16/2010 EUR 17.13
LEHMAN BROS TSY 8.050 12/20/2010 HKD 17.13
LEHMAN BROS TSY 6.000 12/21/2010 USD 17.13
LEHMAN BROS TSY 9.300 12/21/2010 EUR 17.13
LEHMAN BROS TSY 9.300 12/21/2010 EUR 17.13
LEHMAN BROS TSY 4.500 12/30/2010 USD 17.13
LEHMAN BROS TSY 8.000 12/31/2010 USD 17.13
LEHMAN BROS TSY 4.000 1/4/2011 USD 17.13
LEHMAN BROS TSY 8.875 1/28/2011 HKD 17.13
LEHMAN BROS TSY 4.000 3/10/2011 EUR 3.88
LEHMAN BROS TSY 6.000 3/14/2011 EUR 3.88
LEHMAN BROS TSY 6.000 3/17/2011 EUR 3.88
LEHMAN BROS TSY 15.000 3/30/2011 EUR 3.88
LEHMAN BROS TSY 4.000 4/13/2011 CHF 3.88
LEHMAN BROS TSY 6.700 4/21/2011 USD 3.88
LEHMAN BROS TSY 5.000 5/12/2011 CHF 3.88
LEHMAN BROS TSY 4.000 6/5/2011 USD 17.13
LEHMAN BROS TSY 2.400 6/20/2011 JPY 3.88
LEHMAN BROS TSY 3.500 6/20/2011 EUR 3.88
LEHMAN BROS TSY 2.000 6/21/2011 EUR 3.88
LEHMAN BROS TSY 6.000 6/21/2011 EUR 3.88
LEHMAN BROS TSY 2.000 6/28/2011 EUR 3.88
LEHMAN BROS TSY 11.000 7/4/2011 CHF 17.13
LEHMAN BROS TSY 11.000 7/4/2011 USD 17.13
LEHMAN BROS TSY 12.000 7/4/2011 EUR 17.13
LEHMAN BROS TSY 7.625 7/22/2011 HKD 17.13
LEHMAN BROS TSY 4.000 7/27/2011 EUR 3.88
LEHMAN BROS TSY 3.000 8/13/2011 EUR 3.88
LEHMAN BROS TSY 6.650 8/24/2011 AUD 17.13
LEHMAN BROS TSY 5.000 9/1/2011 EUR 3.88
LEHMAN BROS TSY 6.250 9/5/2011 EUR 3.88
LEHMAN BROS TSY 0.010 9/20/2011 USD 3.88
LEHMAN BROS TSY 7.000 9/20/2011 USD 3.88
LEHMAN BROS TSY 6.000 9/20/2011 EUR 3.88
LEHMAN BROS TSY 3.860 9/21/2011 SGD 17.13
LEHMAN BROS TSY 3.500 10/24/2011 USD 3.88
LEHMAN BROS TSY 1.500 10/25/2011 EUR 3.88
LEHMAN BROS TSY 3.500 10/31/2011 USD 3.88
LEHMAN BROS TSY 2.500 11/9/2011 CHF 3.88
LEHMAN BROS TSY 4.600 11/9/2011 EUR 3.88
LEHMAN BROS TSY 5.000 12/6/2011 EUR 3.88
LEHMAN BROS TSY 2.500 12/15/2011 GBP 17.13
LEHMAN BROS TSY 11.000 12/19/2011 USD 3.88
LEHMAN BROS TSY 7.750 1/3/2012 AUD 17.13
LEHMAN BROS TSY 10.000 1/3/2012 BRL 3.88
LEHMAN BROS TSY 1.500 2/8/2012 CHF 3.88
LEHMAN BROS TSY 6.000 2/14/2012 EUR 17.13
LEHMAN BROS TSY 7.000 2/15/2012 EUR 17.13
LEHMAN BROS TSY 1.460 2/19/2012 JPY 17.13
LEHMAN BROS TSY 6.600 2/22/2012 EUR 17.13
LEHMAN BROS TSY 3.630 3/2/2012 EUR 17.13
LEHMAN BROS TSY 8.000 3/19/2012 USD 3.88
LEHMAN BROS TSY 0.750 3/29/2012 EUR 3.88
LEHMAN BROS TSY 6.750 4/5/2012 EUR 3.88
LEHMAN BROS TSY 1.000 5/9/2012 EUR 3.88
LEHMAN BROS TSY 6.600 5/23/2012 AUD 17.13
LEHMAN BROS TSY 4.300 6/4/2012 USD 17.13
LEHMAN BROS TSY 9.250 6/20/2012 USD 3.88
LEHMAN BROS TSY 4.000 7/20/2012 EUR 3.88
LEHMAN BROS TSY 13.000 7/25/2012 EUR 17.13
LEHMAN BROS TSY 2.500 8/15/2012 CHF 3.88
LEHMAN BROS TSY 2.500 8/23/2012 GBP 17.13
LEHMAN BROS TSY 0.250 10/19/2012 CHF 3.88
LEHMAN BROS TSY 4.000 10/24/2012 EUR 3.88
LEHMAN BROS TSY 6.000 10/30/2012 EUR 3.88
LEHMAN BROS TSY 6.000 10/30/2012 USD 3.88
LEHMAN BROS TSY 5.000 11/22/2012 EUR 3.88
LEHMAN BROS TSY 6.250 11/30/2012 EUR 3.88
LEHMAN BROS TSY 5.500 11/30/2012 CZK 3.88
LEHMAN BROS TSY 4.000 12/2/2012 EUR 3.88
LEHMAN BROS TSY 3.000 12/3/2012 EUR 3.88
LEHMAN BROS TSY 13.000 12/14/2012 USD 3.88
LEHMAN BROS TSY 7.600 1/31/2013 AUD 17.13
LEHMAN BROS TSY 4.500 3/6/2013 CHF 3.88
LEHMAN BROS TSY 2.875 3/14/2013 CHF 17.13
LEHMAN BROS TSY 7.150 3/21/2013 USD 3.88
LEHMAN BROS TSY 7.600 5/21/2013 USD 3.88
LEHMAN BROS TSY 3.450 5/23/2013 USD 3.88
LEHMAN BROS TSY 2.300 6/6/2013 USD 17.13
LEHMAN BROS TSY 2.300 6/27/2013 USD 17.13
LEHMAN BROS TSY 2.370 7/15/2013 USD 3.88
LEHMAN BROS TSY 8.600 7/31/2013 GBP 3.88
LEHMAN BROS TSY 8.280 7/31/2013 GBP 3.88
LEHMAN BROS TSY 7.320 7/31/2013 GBP 3.88
LEHMAN BROS TSY 7.500 7/31/2013 GBP 3.88
LEHMAN BROS TSY 4.600 8/1/2013 EUR 3.88
LEHMAN BROS TSY 6.000 8/7/2013 EUR 3.88
LEHMAN BROS TSY 4.870 10/8/2013 USD 17.13
LEHMAN BROS TSY 1.950 11/4/2013 EUR 17.13
LEHMAN BROS TSY 7.000 11/26/2013 EUR 3.88
LEHMAN BROS TSY 5.375 2/4/2014 USD 3.88
LEHMAN BROS TSY 5.000 2/27/2014 EUR 3.88
LEHMAN BROS TSY 10.600 4/22/2014 MXN 3.88
LEHMAN BROS TSY 5.300 4/23/2014 EUR 3.88
LEHMAN BROS TSY 2.300 4/28/2014 JPY 3.88
LEHMAN BROS TSY 4.100 6/10/2014 SGD 17.13
LEHMAN BROS TSY 5.250 7/8/2014 EUR 17.13
LEHMAN BROS TSY 0.250 7/21/2014 EUR 3.88
LEHMAN BROS TSY 4.500 7/24/2014 EUR 3.88
LEHMAN BROS TSY 5.000 9/22/2014 EUR 3.88
LEHMAN BROS TSY 8.000 10/17/2014 EUR 3.88
LEHMAN BROS TSY 3.025 1/31/2015 EUR 3.88
LEHMAN BROS TSY 5.000 2/16/2015 EUR 3.63
LEHMAN BROS TSY 5.000 2/25/2015 EUR 3.88
LEHMAN BROS TSY 5.400 3/4/2015 USD 3.88
LEHMAN BROS TSY 1.680 3/5/2015 EUR 3.88
LEHMAN BROS TSY 4.500 3/7/2015 EUR 3.88
LEHMAN BROS TSY 5.550 3/12/2015 EUR 17.13
LEHMAN BROS TSY 5.400 3/18/2015 USD 3.88
LEHMAN BROS TSY 5.000 3/18/2015 EUR 4.50
LEHMAN BROS TSY 7.050 4/8/2015 USD 3.88
LEHMAN BROS TSY 6.500 5/16/2015 EUR 3.88
LEHMAN BROS TSY 8.250 12/3/2015 EUR 3.88
LEHMAN BROS TSY 8.250 2/3/2016 EUR 3.88
LEHMAN BROS TSY 8.000 2/16/2016 EUR 3.88
LEHMAN BROS TSY 7.750 2/21/2016 EUR 3.88
LEHMAN BROS TSY 4.700 3/23/2016 EUR 3.88
LEHMAN BROS TSY 4.700 3/23/2016 EUR 3.88
LEHMAN BROS TSY 8.500 7/5/2016 EUR 3.88
LEHMAN BROS TSY 4.600 7/6/2016 EUR 3.88
LEHMAN BROS TSY 4.350 8/8/2016 SGD 17.13
LEHMAN BROS TSY 3.350 10/13/2016 EUR 3.88
LEHMAN BROS TSY 4.000 11/24/2016 EUR 3.88
LEHMAN BROS TSY 6.000 12/6/2016 USD 3.88
LEHMAN BROS TSY 0.800 12/30/2016 EUR 3.88
LEHMAN BROS TSY 4.000 2/16/2017 EUR 3.88
LEHMAN BROS TSY 4.690 2/19/2017 EUR 17.13
LEHMAN BROS TSY 5.000 4/24/2017 EUR 3.88
LEHMAN BROS TSY 7.500 5/2/2017 EUR 3.88
LEHMAN BROS TSY 4.500 5/2/2017 EUR 3.88
LEHMAN BROS TSY 7.390 5/4/2017 USD 3.88
LEHMAN BROS TSY 5.100 5/8/2017 HKD 17.13
LEHMAN BROS TSY 6.000 5/12/2017 EUR 3.88
LEHMAN BROS TSY 7.000 6/6/2017 EUR 3.88
LEHMAN BROS TSY 7.500 6/15/2017 USD 3.88
LEHMAN BROS TSY 3.000 8/8/2017 EUR 3.88
LEHMAN BROS TSY 3.000 8/15/2017 EUR 3.88
LEHMAN BROS TSY 5.000 8/16/2017 EUR 3.88
LEHMAN BROS TSY 4.600 10/11/2017 ILS 17.13
LEHMAN BROS TSY 12.220 11/21/2017 USD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 USD 3.88
LEHMAN BROS TSY 9.000 12/20/2017 AUD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 AUD 3.88
LEHMAN BROS TSY 9.000 12/20/2017 AUD 3.88
LEHMAN BROS TSY 9.000 12/20/2017 AUD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 AUD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 AUD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 USD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 USD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 USD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 AUD 3.88
LEHMAN BROS TSY 0.500 12/20/2017 AUD 3.88
LEHMAN BROS TSY 6.000 12/30/2017 EUR 3.88
LEHMAN BROS TSY 5.000 2/15/2018 EUR 3.88
LEHMAN BROS TSY 5.200 3/19/2018 EUR 17.13
LEHMAN BROS TSY 2.600 3/19/2018 JPY 17.13
LEHMAN BROS TSY 8.000 3/21/2018 USD 3.88
LEHMAN BROS TSY 7.800 3/31/2018 USD 3.88
LEHMAN BROS TSY 9.500 4/1/2018 USD 3.88
LEHMAN BROS TSY 6.000 5/23/2018 CZK 3.88
LEHMAN BROS TSY 9.750 6/22/2018 USD 3.88
LEHMAN BROS TSY 6.300 12/21/2018 USD 3.88
LEHMAN BROS TSY 11.000 5/9/2020 USD 3.88
LEHMAN BROS TSY 0.500 6/2/2020 EUR 17.13
LEHMAN BROS TSY 0.500 7/2/2020 EUR 17.13
LEHMAN BROS TSY 4.900 7/28/2020 EUR 3.88
LEHMAN BROS TSY 0.500 8/1/2020 EUR 17.13
LEHMAN BROS TSY 4.150 8/25/2020 EUR 17.13
LEHMAN BROS TSY 4.250 3/13/2021 EUR 17.13
LEHMAN BROS TSY 5.000 5/2/2022 EUR 17.13
LEHMAN BROS TSY 9.000 5/15/2022 USD 3.88
LEHMAN BROS TSY 6.000 2/19/2023 USD 3.88
LEHMAN BROS TSY 5.250 4/1/2023 EUR 17.13
LEHMAN BROS TSY 5.220 3/1/2024 EUR 17.13
LEHMAN BROS TSY 5.000 8/1/2025 EUR 3.88
LEHMAN BROS TSY 5.250 5/26/2026 EUR 3.88
LEHMAN BROS TSY 6.500 7/24/2026 EUR 3.88
LEHMAN BROS TSY 5.120 4/30/2027 EUR 17.13
LEHMAN BROS TSY 3.500 12/20/2027 USD 3.88
LEHMAN BROS TSY 5.000 2/28/2032 EUR 3.88
LEHMAN BROS TSY 6.000 2/15/2035 EUR 3.88
LEHMAN BROS TSY 8.250 3/16/2035 EUR 3.88
LEHMAN BROS TSY 7.000 5/17/2035 EUR 3.88
LEHMAN BROS TSY 7.500 8/1/2035 EUR 3.88
LEHMAN BROS TSY 7.250 10/5/2035 EUR 3.88
LEHMAN BROS TSY 6.000 11/2/2035 EUR 3.88
LEHMAN BROS TSY 3.000 9/12/2036 JPY 3.88
LEHMAN BROS TSY 4.950 10/25/2036 EUR 3.88
LEHMAN BROS TSY 4.820 12/18/2036 EUR 17.13
LEHMAN BROS TSY 10.000 8/2/2037 JPY 3.88
LEHMAN BROS TSY 4.680 12/12/2045 EUR 17.13
LEHMAN BROS TSY 5.103 6/22/2046 EUR 17.13
MAGYAR TELECOM 9.500 12/15/2016 EUR 69.00
MAGYAR TELECOM 9.500 12/15/2016 EUR 68.33
MARFRIG HLDG EUR 8.375 5/9/2018 USD 77.00
NATL INVESTER BK 25.983 5/7/2029 EUR 27.91
NED WATERSCHAPBK 0.500 3/11/2025 CAD 65.79
NIB CAPITAL BANK 4.510 12/16/2035 EUR 69.86
PORTUGAL TEL FIN 4.500 6/16/2025 EUR 73.52
Q-CELLS INTERNAT 1.375 4/30/2012 EUR 13.38
Q-CELLS INTERNAT 5.750 5/26/2014 EUR 13.30
RABOBANK 0.500 11/26/2021 ZAR 51.89
RBS NV EX-ABN NV 2.910 6/21/2036 JPY 61.13
SNS BANK 6.250 10/26/2020 EUR 69.04
SNS BANK 4.650 10/19/2021 EUR 68.58
SNS BANK 5.300 1/27/2023 EUR 69.15
SNS BANK 5.250 4/11/2023 EUR 68.00
SNS BANK 4.580 3/20/2026 EUR 58.16
SNS BANK 5.215 12/3/2027 EUR 60.40
SRLEV NV 9.000 4/15/2041 EUR 73.22
NORWAY
------
KOMMUNALBANKEN 0.500 3/7/2017 BRL 73.41
KOMMUNALBANKEN 0.500 3/28/2017 BRL 73.12
KOMMUNALBANKEN 0.500 3/29/2017 BRL 72.70
KOMMUNALBANKEN 0.500 5/10/2017 BRL 72.52
KOMMUNALBANKEN 0.500 6/1/2017 BRL 74.00
KOMMUNALBANKEN 0.500 3/2/2018 BRL 68.52
KOMMUNALBANKEN 0.500 5/25/2018 ZAR 70.93
KOMMUNALBANKEN 0.500 5/27/2022 ZAR 64.60
NORSKE SKOGIND 6.125 10/15/2015 USD 70.00
NORSKE SKOGIND 6.125 10/15/2015 USD 70.00
NORSKE SKOGIND 7.000 6/26/2017 EUR 59.08
NORSKE SKOGIND 7.125 10/15/2033 USD 51.50
NORSKE SKOGIND 7.125 10/15/2033 USD 51.50
PETROMENA 10.850 11/19/2010 USD 8.00
PETROMENA 9.750 5/24/2013 NOK 8.00
RENEWABLE CORP 6.500 6/4/2014 EUR 71.05
PORTUGAL
--------
CAIXA GERAL DEPO 4.000 5/13/2019 EUR 75.00
CAIXA GERAL DEPO 5.380 10/1/2038 EUR 60.91
COMBOIOS DE PORT 4.170 10/16/2019 EUR 54.87
METRO DE LISBOA 5.750 2/4/2019 EUR 61.13
METRO DE LISBOA 7.300 12/23/2025 EUR 55.13
METRO DE LISBOA 4.061 12/4/2026 EUR 49.58
METRO DE LISBOA 4.799 12/7/2027 EUR 51.50
MONTEPIO GERAL 5.000 2/8/2017 EUR 63.63
PARPUBLICA 3.567 9/22/2020 EUR 60.00
PARPUBLICA 4.200 11/16/2026 EUR 50.88
PORTUGUESE OT'S 4.350 10/16/2017 EUR 74.92
PORTUGUESE OT'S 4.450 6/15/2018 EUR 71.23
PORTUGUESE OT'S 4.750 6/14/2019 EUR 68.71
PORTUGUESE OT'S 4.800 6/15/2020 EUR 66.65
PORTUGUESE OT'S 3.850 4/15/2021 EUR 60.62
PORTUGUESE OT'S 4.950 10/25/2023 EUR 60.59
PORTUGUESE OT'S 4.100 4/15/2037 EUR 48.38
REFER 4.000 3/16/2015 EUR 62.69
REFER 5.875 2/18/2019 EUR 65.77
REFER 4.250 12/13/2021 EUR 44.68
REFER 4.675 10/16/2024 EUR 54.84
REFER 4.047 11/16/2026 EUR 53.48
RUSSIA
------
ARIZK 3.000 12/20/2030 RUB 40.63
DVTG-FINANS 7.750 7/18/2013 RUB 20.29
DVTG-FINANS 17.000 8/29/2013 RUB 55.55
NOK 12.500 8/26/2014 RUB 5.00
PROMPEREOSNASTKA 1.000 12/17/2012 RUB 0.01
RBC OJSC 3.270 4/19/2018 RUB 51.20
SATURN 8.000 6/6/2014 RUB 2.02
SPAIN
-----
AUVISA 4.790 12/15/2027 EUR 59.00
AYT CEDULAS CAJA 4.250 11/18/2019 EUR 73.95
AYT CEDULAS CAJA 4.500 12/2/2019 EUR 73.72
AYT CEDULAS CAJA 4.000 3/31/2020 EUR 70.66
AYT CEDULAS CAJA 4.000 3/24/2021 EUR 68.50
AYT CEDULAS CAJA 3.750 12/14/2022 EUR 58.79
AYT CEDULAS CAJA 4.250 10/25/2023 EUR 59.83
AYT CEDULAS CAJA 3.750 6/30/2025 EUR 51.93
AYT CEDULAS CAJA 4.750 5/25/2027 EUR 57.15
AYUNTAM DE MADRD 4.650 1/10/2017 EUR 74.05
AYUNTAM DE MADRD 5.078 12/2/2018 EUR 63.51
AYUNTAM DE MADRD 4.350 6/16/2021 EUR 59.09
AYUNTAM DE MADRD 4.550 6/16/2036 EUR 40.62
BANCAJA 3.940 9/18/2015 EUR 66.63
BANCAJA 4.375 2/14/2017 EUR 63.88
BANCAJA 1.500 5/22/2018 EUR 46.50
BANCO BILBAO VIZ 4.375 10/20/2019 EUR 69.00
BANCO BILBAO VIZ 4.500 2/16/2022 EUR 59.48
BANCO BILBAO VIZ 6.025 3/3/2033 EUR 39.59
BANCO CASTILLA 1.500 6/23/2021 EUR 62.00
BANCO POP ESPAN 5.702 12/22/2019 EUR 54.67
BANCO POP ESPAN 8.000 7/29/2021 EUR 57.63
BANCO POP ESPAN 8.250 10/19/2021 EUR 58.38
BANCO SABADELL 6.250 4/26/2020 EUR 65.66
BANKINTER SA 4.270 7/22/2016 EUR 73.75
BANKINTER SA 6.375 9/11/2019 EUR 72.50
BANKINTER SA 6.750 12/7/2020 EUR 72.25
BANKINTER SA 6.000 12/18/2028 EUR 63.00
BASQUE GOV'T 4.150 10/28/2019 EUR 72.86
BASQUE GOV'T 4.600 1/7/2025 EUR 61.20
BBVA SUB CAP UNI 5.750 3/11/2018 GBP 74.00
BPE FINANCIACION 6.873 10/22/2020 EUR 57.25
CAIXA TERRASSA 4.700 8/9/2021 EUR 65.38
CAIXA TERRASSA 1.700 3/12/2022 EUR 56.56
CAIXABANK 4.000 2/9/2022 EUR 74.20
CAJA ESPANA 7.500 8/28/2018 EUR 74.50
CAJA ESPANA 4.150 2/23/2020 EUR 65.13
CAJA ESPANA 3.500 6/29/2020 EUR 62.88
CAJA MADRID 5.116 7/15/2015 EUR 74.00
CAJA MADRID 4.500 4/26/2022 EUR 74.59
CAJA MADRID 4.000 2/3/2025 EUR 63.12
CAJA MADRID 4.125 3/24/2036 EUR 58.22
CAJA MADRID 5.020 2/26/2038 EUR 73.73
CEDULAS TDA 5 4.125 11/29/2019 EUR 74.77
CEDULAS TDA 6 FO 3.875 5/23/2025 EUR 58.01
CEDULAS TDA 6 FO 4.250 4/10/2031 EUR 51.09
CEDULAS TDA A-4 4.125 4/10/2021 EUR 66.44
CEDULAS TDA A-5 4.250 3/28/2027 EUR 53.65
COMUN AUTO CANAR 2.000 11/10/2016 EUR 71.86
COMUN AUTO CANAR 4.450 11/17/2019 EUR 65.87
COMUN AUTO CANAR 4.929 3/9/2020 EUR 74.65
COMUN AUTO CANAR 5.750 10/15/2029 EUR 69.52
COMUN AUTO CANAR 3.900 11/30/2035 EUR 43.81
COMUN AUTO CANAR 4.200 10/25/2036 EUR 44.91
COMUN NAVARRA 4.200 9/30/2019 EUR 74.51
COMUN NAVARRA 4.300 2/17/2020 EUR 73.63
COMUN NAVARRA 4.000 11/23/2021 EUR 67.51
COMUNIDAD ARAGON 5.000 10/4/2020 EUR 58.92
COMUNIDAD ARAGON 5.100 10/4/2020 EUR 58.98
COMUNIDAD ARAGON 5.100 11/15/2020 EUR 58.96
COMUNIDAD ARAGON 4.470 7/12/2021 EUR 55.59
COMUNIDAD ARAGON 4.815 10/10/2022 EUR 54.00
COMUNIDAD ARAGON 6.625 2/21/2023 EUR 62.88
COMUNIDAD ARAGON 7.500 3/1/2027 EUR 62.58
COMUNIDAD ARAGON 4.646 7/11/2036 EUR 37.77
COMUNIDAD BALEAR 4.650 1/26/2017 EUR 74.26
COMUNIDAD BALEAR 4.796 3/4/2020 EUR 61.65
COMUNIDAD BALEAR 3.869 11/23/2020 EUR 55.78
COMUNIDAD BALEAR 4.063 11/23/2035 EUR 38.78
COMUNIDAD MADRID 4.688 3/12/2020 EUR 73.71
COMUNIDAD MADRID 7.550 7/21/2026 EUR 70.93
COMUNIDAD MADRID 4.300 9/15/2026 EUR 56.55
COMUNIDAD MURCIA 4.725 11/5/2018 EUR 63.45
COMUNIDAD MURCIA 4.695 3/30/2020 EUR 55.31
DIPUTACION FOR 4.323 12/29/2023 EUR 53.83
FERIA VALENCIA 6.040 6/10/2027 EUR 49.99
GEN DE CATALUNYA 3.875 4/7/2015 EUR 77.93
GEN DE CATALUNYA 2.315 9/10/2015 CHF 69.53
GEN DE CATALUNYA 3.875 9/15/2015 EUR 74.12
GEN DE CATALUNYA 2.355 11/10/2015 CHF 68.54
GEN DE CATALUNYA 10.900 11/16/2015 EUR 73.50
GEN DE CATALUNYA 2.750 3/24/2016 CHF 67.87
GEN DE CATALUNYA 4.300 11/15/2016 EUR 70.50
GEN DE CATALUNYA 4.750 6/4/2018 EUR 67.27
GEN DE CATALUNYA 4.950 2/11/2020 EUR 60.47
GEN DE CATALUNYA 4.801 7/31/2020 EUR 57.13
GEN DE CATALUNYA 4.900 9/15/2021 EUR 58.00
GEN DE CATALUNYA 5.250 10/5/2023 EUR 58.38
GEN DE CATALUNYA 5.900 5/20/2024 EUR 56.38
GEN DE CATALUNYA 5.325 10/5/2028 EUR 49.00
GEN DE CATALUNYA 5.219 9/10/2029 EUR 47.38
GEN DE CATALUNYA 5.400 5/13/2030 EUR 48.25
GEN DE CATALUNYA 5.900 5/28/2030 EUR 52.25
GEN DE CATALUNYA 5.950 10/1/2030 EUR 51.50
GEN DE CATALUNYA 4.690 10/28/2034 EUR 41.75
GEN DE CATALUNYA 4.220 4/26/2035 EUR 41.72
GEN DE CATALUNYA 2.965 9/8/2039 JPY 38.12
GEN DE CATALUNYA 6.350 11/30/2041 EUR 53.88
GENERAL VALENCIA 3.250 7/6/2015 EUR 71.40
GENERAL VALENCIA 4.375 7/16/2015 EUR 73.08
GENERAL VALENCIA 4.000 11/2/2016 EUR 66.09
GENERAL VALENCIA 4.900 3/17/2020 EUR 57.75
GENERAL VALENCIA 5.900 11/30/2032 EUR 42.25
IM CEDULAS 10 4.500 2/21/2022 EUR 66.11
IM CEDULAS 5 3.500 6/15/2020 EUR 65.47
INSTIT CRDT OFCL 3.000 9/24/2020 USD 59.32
INSTIT CRDT OFCL 2.100 2/23/2021 JPY 62.04
INSTIT CRDT OFCL 2.570 10/22/2021 CHF 68.27
INSTIT CRDT OFCL 3.250 6/28/2024 CHF 68.51
INSTIT CRDT OFCL 5.700 12/30/2024 USD 68.58
INSTITUT CATALA 4.250 6/15/2024 EUR 52.04
JUNTA ANDALUCIA 3.500 2/15/2016 EUR 71.03
JUNTA ANDALUCIA 4.350 1/26/2017 EUR 68.80
JUNTA ANDALUCIA 6.900 6/16/2017 EUR 74.32
JUNTA ANDALUCIA 4.750 1/24/2018 EUR 64.88
JUNTA ANDALUCIA 5.200 7/15/2019 EUR 60.94
JUNTA ANDALUCIA 4.125 1/20/2020 EUR 57.58
JUNTA ANDALUCIA 4.850 3/17/2020 EUR 56.13
JUNTA ANDALUCIA 3.050 12/10/2020 JPY 67.03
JUNTA ANDALUCIA 5.000 7/13/2022 EUR 56.24
JUNTA ANDALUCIA 5.700 7/20/2028 EUR 55.14
JUNTA ANDALUCIA 6.600 11/29/2030 EUR 58.04
JUNTA ANDALUCIA 7.500 11/30/2030 EUR 61.54
JUNTA ANDALUCIA 5.150 5/24/2034 EUR 45.81
JUNTA ANDALUCIA 4.250 10/31/2036 EUR 41.05
JUNTA ANDALUCIA 3.065 7/29/2039 JPY 40.21
JUNTA ANDALUCIA 3.170 7/29/2039 JPY 41.24
JUNTA CASTILLA 5.150 12/5/2017 EUR 74.30
JUNTA CASTILLA 4.650 11/8/2022 EUR 60.81
JUNTA CASTILLA 6.600 2/24/2023 EUR 73.68
JUNTA CASTILLA 7.200 11/11/2026 EUR 61.48
JUNTA LA MANCHA 4.588 9/24/2017 EUR 67.38
JUNTA LA MANCHA 4.875 3/18/2020 EUR 62.88
JUNTA LA MANCHA 6.000 1/15/2021 EUR 63.63
JUNTA LA MANCHA 5.800 1/30/2021 EUR 64.88
JUNTA LA MANCHA 6.000 1/31/2021 EUR 65.00
JUNTA LA MANCHA 2.810 10/14/2022 JPY 54.88
JUNTA LA MANCHA 4.625 11/30/2022 EUR 54.38
JUNTA LA MANCHA 5.950 9/9/2030 EUR 52.13
JUNTA LA MANCHA 7.705 2/15/2033 EUR 55.38
JUNTA LA MANCHA 3.875 1/31/2036 EUR 32.13
MAPFRE SA 5.921 7/24/2037 EUR 56.33
PITCH1 5.125 7/20/2022 EUR 71.46
SACYR VALLEHERM 6.500 5/1/2016 EUR 48.16
SANTANDER ISSUAN 5.435 10/24/2017 EUR 71.50
SANTANDER ISSUAN 6.533 10/24/2017 GBP 71.53
SANTANDER ISSUAN 5.750 1/31/2018 GBP 67.29
SANTANDER ISSUAN 4.250 5/30/2018 EUR 68.01
SANTANDER ISSUAN 4.750 5/29/2019 EUR 68.27
SANTANDER ISSUAN 4.500 9/30/2019 EUR 68.01
SPANISH GOV'T 4.200 1/31/2037 EUR 68.37
SPANISH GOV'T 4.900 7/30/2040 EUR 74.63
SPANISH GOV'T 4.700 7/30/2041 EUR 72.47
TELEFONICA EMIS 5.445 10/8/2029 GBP 74.03
UNIV DE ALICANTE 6.500 12/15/2017 EUR 73.25
UNIV DE VALENCIA 6.600 12/15/2022 EUR 59.00
UNIV JAUME I CAS 6.500 12/15/2017 EUR 73.25
UNIV POLI VALENC 6.600 12/15/2022 EUR 59.00
XUNTA DE GALICIA 5.400 7/20/2018 EUR 73.80
XUNTA DE GALICIA 4.205 11/30/2019 EUR 66.63
XUNTA DE GALICIA 4.805 3/26/2020 EUR 67.97
XUNTA DE GALICIA 5.350 11/22/2028 EUR 58.73
XUNTA DE GALICIA 4.025 11/28/2035 EUR 42.48
SWEDEN
------
ASSA ABLOY AB 4.000 2/15/2027 EUR 73.82
PA RESOURCES AB 12.250 4/5/2016 NOK 72.61
Rorvik Timber 6.000 6/30/2016 SEK 69.00
SAS AB 7.500 4/1/2015 SEK 72.91
SWEDISH EXP CRED 0.500 12/14/2016 BRL 74.56
SWEDISH EXP CRED 0.500 12/21/2016 BRL 74.45
SWEDISH EXP CRED 0.500 12/22/2016 BRL 74.43
SWEDISH EXP CRED 0.500 1/26/2017 BRL 73.90
SWEDISH EXP CRED 0.500 2/3/2017 BRL 73.55
SWEDISH EXP CRED 0.500 3/10/2017 BRL 73.21
SWEDISH EXP CRED 0.500 6/21/2017 BRL 71.64
SWEDISH EXP CRED 0.500 6/30/2017 BRL 71.50
SWEDISH EXP CRED 0.500 7/21/2017 BRL 71.18
SWEDISH EXP CRED 0.500 8/25/2021 ZAR 53.55
SWEDISH EXP CRED 0.500 8/26/2021 AUD 67.08
SWEDISH EXP CRED 1.000 11/15/2021 AUD 72.75
SWEDISH EXP CRED 0.500 1/31/2022 ZAR 51.63
SWEDISH EXP CRED 0.500 2/22/2022 ZAR 51.29
SWEDISH EXP CRED 0.500 3/15/2022 ZAR 51.04
SWEDISH EXP CRED 0.500 6/28/2022 ZAR 49.74
SWEDISH EXP CRED 0.500 12/17/2027 USD 63.16
SWEDISH EXP CRED 0.500 1/25/2028 USD 62.63
SWITZERLAND
-----------
BANK JULIUS BAER 8.750 7/26/2012 EUR 75.00
BANK JULIUS BAER 12.000 7/27/2012 EUR 71.05
BANK JULIUS BAER 11.000 7/27/2012 CHF 71.10
BANK JULIUS BAER 9.300 7/27/2012 EUR 74.00
BANK JULIUS BAER 11.300 8/3/2012 CHF 58.82
BANK JULIUS BAER 22.800 8/3/2012 USD 45.09
BANK JULIUS BAER 7.400 8/3/2012 EUR 73.98
BANK JULIUS BAER 9.000 9/17/2012 CHF 37.10
BANK JULIUS BAER 10.500 12/14/2012 USD 72.90
BANK JULIUS BAER 9.700 12/20/2012 CHF 69.80
BANK JULIUS BAER 11.400 1/28/2013 CHF 74.55
BANK JULIUS BAER 17.300 2/1/2013 EUR 50.30
BANK JULIUS BAER 11.500 2/20/2013 CHF 73.90
BANK JULIUS BAER 10.500 3/28/2013 CHF 69.65
BANK JULIUS BAER 12.000 4/9/2013 CHF 42.00
BANK JULIUS BAER 9.250 4/24/2013 CHF 73.70
BANK JULIUS BAER 8.700 8/5/2013 CHF 74.43
CLARIDEN LEU NAS 10.250 8/2/2012 CHF 52.91
CLARIDEN LEU NAS 10.500 8/2/2012 EUR 44.94
CLARIDEN LEU NAS 11.000 8/2/2012 USD 51.61
CLARIDEN LEU NAS 13.000 8/2/2012 EUR 70.61
CLARIDEN LEU NAS 10.000 8/3/2012 CHF 70.97
CLARIDEN LEU NAS 9.250 8/8/2012 EUR 74.58
CLARIDEN LEU NAS 10.000 8/8/2012 USD 65.04
CLARIDEN LEU NAS 11.750 8/8/2012 EUR 62.78
CLARIDEN LEU NAS 10.000 8/10/2012 EUR 60.56
CLARIDEN LEU NAS 12.000 8/15/2012 USD 63.72
CLARIDEN LEU NAS 14.000 8/16/2012 CHF 69.16
CLARIDEN LEU NAS 7.000 8/16/2012 CHF 52.37
CLARIDEN LEU NAS 11.250 8/22/2012 CHF 68.11
CLARIDEN LEU NAS 10.500 9/4/2012 USD 63.33
CLARIDEN LEU NAS 12.000 9/4/2012 EUR 28.36
CLARIDEN LEU NAS 9.250 9/4/2012 CHF 39.63
CLARIDEN LEU NAS 7.500 9/10/2012 CHF 57.99
CLARIDEN LEU NAS 11.000 9/10/2012 EUR 66.18
CLARIDEN LEU NAS 10.000 9/11/2012 CHF 41.97
CLARIDEN LEU NAS 10.250 9/17/2012 CHF 42.87
CLARIDEN LEU NAS 9.000 9/24/2012 CHF 54.12
CLARIDEN LEU NAS 9.500 9/24/2012 CHF 60.91
CLARIDEN LEU NAS 7.000 10/4/2012 CHF 43.71
CLARIDEN LEU NAS 10.000 10/8/2012 EUR 57.73
CLARIDEN LEU NAS 9.500 10/15/2012 CHF 43.49
CLARIDEN LEU NAS 10.000 10/15/2012 CHF 42.89
CLARIDEN LEU NAS 8.500 10/15/2012 CHF 42.38
CLARIDEN LEU NAS 8.000 10/15/2012 CHF 56.67
CLARIDEN LEU NAS 10.250 10/18/2012 EUR 71.27
CLARIDEN LEU NAS 19.000 10/18/2012 USD 67.37
CLARIDEN LEU NAS 7.500 11/13/2012 CHF 46.62
CLARIDEN LEU NAS 7.250 11/13/2012 CHF 74.99
CLARIDEN LEU NAS 7.250 11/16/2012 CHF 47.27
CLARIDEN LEU NAS 7.125 11/19/2012 CHF 46.60
CLARIDEN LEU NAS 8.000 11/20/2012 CHF 71.54
CLARIDEN LEU NAS 12.000 11/23/2012 CHF 74.92
CLARIDEN LEU NAS 10.500 11/26/2012 EUR 64.26
CLARIDEN LEU NAS 12.500 12/14/2012 EUR 69.99
CLARIDEN LEU NAS 0.000 12/14/2012 CHF 42.65
CLARIDEN LEU NAS 8.250 12/17/2012 CHF 58.70
CLARIDEN LEU NAS 0.000 12/17/2012 EUR 65.92
CLARIDEN LEU NAS 18.000 12/28/2012 USD 70.32
CLARIDEN LEU NAS 8.750 1/15/2013 CHF 61.21
CLARIDEN LEU NAS 0.000 1/24/2013 CHF 58.54
CLARIDEN LEU NAS 11.500 2/13/2013 EUR 50.27
CLARIDEN LEU NAS 9.000 2/14/2013 CHF 58.74
CLARIDEN LEU NAS 20.000 2/27/2013 USD 72.31
CLARIDEN LEU NAS 8.500 2/27/2013 CHF 70.84
CLARIDEN LEU NAS 12.500 3/1/2013 USD 67.26
CLARIDEN LEU NAS 11.500 3/20/2013 CHF 73.35
CLARIDEN LEU NAS 0.000 3/25/2013 CHF 47.80
CLARIDEN LEU NAS 0.000 4/4/2013 CHF 67.62
CLARIDEN LEU NAS 10.000 4/10/2013 CHF 69.83
CLARIDEN LEU NAS 6.500 4/26/2013 CHF 47.02
CLARIDEN LEU NAS 0.000 5/31/2013 CHF 60.03
CLARIDEN LEU NAS 10.000 6/10/2013 CHF 45.83
CLARIDEN LEU NAS 13.000 7/15/2013 CHF 55.64
CLARIDEN LEU NAS 7.000 7/22/2013 CHF 58.38
CLARIDEN LEU NAS 0.000 8/26/2013 EUR 70.12
CLARIDEN LEU NAS 0.000 9/9/2013 EUR 72.45
CLARIDEN LEU NAS 3.250 9/16/2013 CHF 39.01
CLARIDEN LEU NAS 0.000 9/16/2013 USD 73.40
CLARIDEN LEU NAS 0.000 9/23/2013 CHF 40.84
CLARIDEN LEU NAS 0.000 9/30/2013 USD 72.45
CLARIDEN LEU NAS 0.000 11/4/2013 CHF 69.52
CLARIDEN LEU NAS 0.000 11/4/2013 USD 69.26
CLARIDEN LEU NAS 0.000 11/26/2013 CHF 51.97
CLARIDEN LEU NAS 0.000 2/11/2014 CHF 44.23
CLARIDEN LEU NAS 0.000 2/24/2014 CHF 44.70
CLARIDEN LEU NAS 0.000 5/13/2014 CHF 60.03
CLARIDEN LEU NAS 0.000 5/26/2014 CHF 61.30
CLARIDEN LEU NAS 0.000 6/3/2014 CHF 72.39
CLARIDEN LEU NAS 0.000 6/10/2014 CHF 49.71
CLARIDEN LEU NAS 0.000 6/10/2014 CHF 61.08
CLARIDEN LEU NAS 4.500 8/6/2014 EUR 64.05
CLARIDEN LEU NAS 5.250 8/6/2014 CHF 41.89
CLARIDEN LEU NAS 4.500 8/13/2014 CHF 39.08
CLARIDEN LEU NAS 0.000 8/27/2014 CHF 50.00
CLARIDEN LEU NAS 0.000 9/10/2014 CHF 41.19
CLARIDEN LEU NAS 0.000 10/15/2014 CHF 46.84
CRED SUIS NY 8.000 8/3/2012 USD 27.47
CREDIT SUISSE LD 8.250 8/30/2012 USD 69.60
CREDIT SUISSE LD 4.000 12/10/2012 EUR 45.60
CREDIT SUISSE LD 8.900 3/25/2013 EUR 55.49
CREDIT SUISSE LD 1.640 6/1/2042 USD 49.50
MER LYN CAP MRKT 6.600 8/3/2012 EUR 70.47
S-AIR GROUP 2.125 11/4/2004 CHF 10.00
S-AIR GROUP 0.125 7/7/2005 CHF 10.63
S-AIR GROUP 4.250 2/2/2007 CHF 10.75
SARASIN CI LTD 8.000 9/3/2012 CHF 48.78
SARASIN CI LTD 8.000 4/27/2015 CHF 59.61
SARASIN/GUERNSEY 10.000 8/10/2012 EUR 44.61
SARASIN/GUERNSEY 17.000 10/12/2012 EUR 69.52
SARASIN/GUERNSEY 15.200 12/12/2012 EUR 71.17
SARASIN/GUERNSEY 13.200 1/23/2013 EUR 74.52
SWISSAIR 6.250 10/27/2002 CHF 10.00
SWISSAIR 5.500 7/23/2003 CHF 10.00
SWISSAIR 2.750 7/30/2004 CHF 10.38
SWISSAIR 2.750 7/30/2004 CHF 10.00
SWISSAIR 6.250 4/12/2005 CHF 10.88
UBS AG 11.760 7/31/2012 USD 15.93
UBS AG 12.040 7/31/2012 USD 7.05
UBS AG 8.460 7/31/2012 USD 26.25
UBS AG 10.500 8/2/2012 EUR 48.15
UBS AG 10.200 8/2/2012 CHF 70.70
UBS AG 10.000 8/2/2012 CHF 46.35
UBS AG 11.000 8/2/2012 EUR 59.70
UBS AG 11.500 8/2/2012 CHF 67.00
UBS AG 9.500 8/10/2012 USD 28.42
UBS AG 13.250 8/10/2012 USD 14.09
UBS AG 17.250 8/15/2012 EUR 33.20
UBS AG 16.000 8/15/2012 CHF 72.00
UBS AG 14.000 8/27/2012 CHF 66.60
UBS AG 9.430 8/31/2012 USD 33.37
UBS AG 11.650 8/31/2012 USD 15.65
UBS AG 17.730 9/3/2012 EUR 54.40
UBS AG 18.020 9/3/2012 EUR 67.22
UBS AG 19.660 9/3/2012 EUR 71.76
UBS AG 20.830 9/3/2012 EUR 61.24
UBS AG 13.630 9/3/2012 EUR 55.31
UBS AG 13.980 9/3/2012 EUR 59.93
UBS AG 15.150 9/3/2012 EUR 66.48
UBS AG 15.270 9/3/2012 EUR 74.62
UBS AG 17.640 9/3/2012 EUR 49.63
UBS AG 9.070 9/3/2012 EUR 58.58
UBS AG 10.500 9/3/2012 EUR 66.94
UBS AG 10.830 9/3/2012 EUR 60.47
UBS AG 11.600 9/3/2012 EUR 73.38
UBS AG 12.390 9/11/2012 USD 27.37
UBS AG 13.000 9/21/2012 EUR 47.40
UBS AG 22.700 9/21/2012 EUR 43.55
UBS AG 8.530 9/28/2012 EUR 69.41
UBS AG 8.670 9/28/2012 EUR 62.48
UBS AG 8.810 9/28/2012 EUR 63.78
UBS AG 8.960 9/28/2012 EUR 74.41
UBS AG 9.540 9/28/2012 EUR 60.71
UBS AG 9.750 9/28/2012 EUR 66.65
UBS AG 9.830 9/28/2012 EUR 61.24
UBS AG 10.020 9/28/2012 EUR 72.16
UBS AG 10.440 9/28/2012 EUR 58.97
UBS AG 10.900 9/28/2012 EUR 58.93
UBS AG 11.040 9/28/2012 EUR 64.15
UBS AG 11.130 9/28/2012 EUR 70.07
UBS AG 11.360 9/28/2012 EUR 57.34
UBS AG 12.020 9/28/2012 EUR 56.83
UBS AG 12.130 9/28/2012 EUR 74.79
UBS AG 12.290 9/28/2012 EUR 55.72
UBS AG 12.300 9/28/2012 EUR 68.13
UBS AG 12.390 9/28/2012 EUR 61.87
UBS AG 12.860 9/28/2012 EUR 72.92
UBS AG 13.180 9/28/2012 EUR 54.90
UBS AG 13.230 9/28/2012 EUR 54.28
UBS AG 13.500 9/28/2012 EUR 66.32
UBS AG 13.590 9/28/2012 EUR 71.14
UBS AG 13.800 9/28/2012 EUR 59.80
UBS AG 14.180 9/28/2012 EUR 53.02
UBS AG 14.320 9/28/2012 EUR 69.45
UBS AG 14.390 9/28/2012 EUR 53.14
UBS AG 14.740 9/28/2012 EUR 64.64
UBS AG 15.050 9/28/2012 EUR 67.83
UBS AG 15.130 9/28/2012 EUR 51.67
UBS AG 15.240 9/28/2012 EUR 57.89
UBS AG 15.290 9/28/2012 EUR 73.32
UBS AG 15.640 9/28/2012 EUR 51.53
UBS AG 15.770 9/28/2012 EUR 66.30
UBS AG 16.000 9/28/2012 EUR 63.06
UBS AG 16.090 9/28/2012 EUR 50.48
UBS AG 16.320 9/28/2012 EUR 71.53
UBS AG 16.490 9/28/2012 EUR 64.85
UBS AG 16.720 9/28/2012 EUR 56.15
UBS AG 16.930 9/28/2012 EUR 50.05
UBS AG 17.050 9/28/2012 EUR 49.44
UBS AG 17.090 9/28/2012 EUR 73.64
UBS AG 17.280 9/28/2012 EUR 61.59
UBS AG 17.370 9/28/2012 EUR 69.84
UBS AG 17.920 9/28/2012 EUR 62.15
UBS AG 18.020 9/28/2012 EUR 48.31
UBS AG 18.220 9/28/2012 EUR 54.55
UBS AG 18.240 9/28/2012 EUR 48.68
UBS AG 18.420 9/28/2012 EUR 68.25
UBS AG 18.580 9/28/2012 EUR 60.21
UBS AG 19.000 9/28/2012 EUR 47.31
UBS AG 19.330 9/28/2012 EUR 59.70
UBS AG 19.490 9/28/2012 EUR 66.75
UBS AG 19.580 9/28/2012 EUR 47.42
UBS AG 19.880 9/28/2012 EUR 58.92
UBS AG 19.910 9/28/2012 EUR 72.98
UBS AG 20.500 9/28/2012 EUR 74.75
UBS AG 20.740 9/28/2012 EUR 57.48
UBS AG 20.920 9/28/2012 EUR 46.25
UBS AG 21.970 9/28/2012 EUR 44.66
UBS AG 22.150 9/28/2012 EUR 55.46
UBS AG 23.000 9/28/2012 EUR 74.28
UBS AG 23.560 9/28/2012 EUR 53.61
UBS AG 24.000 9/28/2012 EUR 74.45
UBS AG 24.960 9/28/2012 EUR 51.92
UBS AG 19.990 9/28/2012 EUR 46.38
UBS AG 10.620 10/1/2012 EUR 47.31
UBS AG 10.640 10/1/2012 EUR 60.84
UBS AG 10.650 10/1/2012 EUR 23.82
UBS AG 10.740 10/1/2012 EUR 47.33
UBS AG 10.840 10/1/2012 EUR 60.88
UBS AG 10.930 10/1/2012 EUR 23.83
UBS AG 11.010 10/1/2012 EUR 60.90
UBS AG 11.150 10/1/2012 EUR 23.86
UBS AG 11.160 10/1/2012 EUR 60.93
UBS AG 11.280 10/1/2012 EUR 60.95
UBS AG 11.330 10/1/2012 EUR 23.89
UBS AG 11.380 10/1/2012 EUR 60.96
UBS AG 11.460 10/1/2012 EUR 60.98
UBS AG 11.460 10/1/2012 EUR 23.95
UBS AG 11.530 10/1/2012 EUR 60.99
UBS AG 8.260 10/1/2012 EUR 58.42
UBS AG 8.310 10/1/2012 EUR 23.45
UBS AG 8.400 10/1/2012 EUR 58.44
UBS AG 8.420 10/1/2012 EUR 25.53
UBS AG 8.500 10/1/2012 EUR 64.74
UBS AG 8.530 10/1/2012 EUR 58.46
UBS AG 8.540 10/1/2012 EUR 60.97
UBS AG 8.660 10/1/2012 EUR 47.00
UBS AG 8.720 10/1/2012 EUR 64.78
UBS AG 8.720 10/1/2012 EUR 58.49
UBS AG 8.730 10/1/2012 EUR 25.58
UBS AG 8.850 10/1/2012 EUR 61.02
UBS AG 8.910 10/1/2012 EUR 64.81
UBS AG 8.910 10/1/2012 EUR 23.55
UBS AG 9.060 10/1/2012 EUR 64.83
UBS AG 9.110 10/1/2012 EUR 61.06
UBS AG 9.160 10/1/2012 EUR 47.08
UBS AG 9.200 10/1/2012 EUR 25.66
UBS AG 9.340 10/1/2012 EUR 61.10
UBS AG 9.360 10/1/2012 EUR 25.68
UBS AG 9.440 10/1/2012 EUR 23.63
UBS AG 9.530 10/1/2012 EUR 61.13
UBS AG 9.540 10/1/2012 EUR 60.67
UBS AG 9.580 10/1/2012 EUR 47.14
UBS AG 9.690 10/1/2012 EUR 61.15
UBS AG 9.820 10/1/2012 EUR 61.17
UBS AG 9.860 10/1/2012 EUR 60.72
UBS AG 9.900 10/1/2012 EUR 25.77
UBS AG 9.910 10/1/2012 EUR 23.71
UBS AG 9.920 10/1/2012 EUR 61.19
UBS AG 9.930 10/1/2012 EUR 47.20
UBS AG 10.150 10/1/2012 EUR 60.77
UBS AG 10.220 10/1/2012 EUR 47.25
UBS AG 10.310 10/1/2012 EUR 23.77
UBS AG 10.410 10/1/2012 EUR 60.81
UBS AG 10.440 10/1/2012 EUR 47.28
UBS AG 11.560 10/1/2012 EUR 23.97
UBS AG 11.580 10/1/2012 EUR 60.99
UBS AG 7.140 10/1/2012 EUR 25.33
UBS AG 7.190 10/1/2012 EUR 58.25
UBS AG 7.240 10/1/2012 EUR 64.54
UBS AG 7.380 10/1/2012 EUR 25.37
UBS AG 7.380 10/1/2012 EUR 60.79
UBS AG 7.450 10/1/2012 EUR 58.29
UBS AG 7.460 10/1/2012 EUR 46.81
UBS AG 7.610 10/1/2012 EUR 64.60
UBS AG 7.620 10/1/2012 EUR 25.41
UBS AG 7.660 10/1/2012 EUR 23.35
UBS AG 7.680 10/1/2012 EUR 58.33
UBS AG 7.810 10/1/2012 EUR 60.86
UBS AG 7.840 10/1/2012 EUR 25.44
UBS AG 7.900 10/1/2012 EUR 58.36
UBS AG 7.940 10/1/2012 EUR 64.65
UBS AG 8.050 10/1/2012 EUR 25.47
UBS AG 8.090 10/1/2012 EUR 58.39
UBS AG 8.090 10/1/2012 EUR 46.91
UBS AG 8.200 10/1/2012 EUR 60.92
UBS AG 8.240 10/1/2012 EUR 64.70
UBS AG 9.310 10/3/2012 USD 16.50
UBS AG 10.320 10/4/2012 CHF 54.40
UBS AG 9.920 10/4/2012 CHF 54.40
UBS AG 10.500 10/15/2012 USD 66.40
UBS AG 12.240 10/26/2012 EUR 56.38
UBS AG 13.570 10/26/2012 EUR 55.18
UBS AG 15.750 10/26/2012 EUR 74.27
UBS AG 13.100 10/26/2012 EUR 67.78
UBS AG 19.700 10/26/2012 EUR 63.47
UBS AG 16.390 10/26/2012 EUR 53.05
UBS AG 22.220 10/26/2012 EUR 74.13
UBS AG 12.500 11/1/2012 EUR 68.46
UBS AG 7.700 11/1/2012 EUR 67.22
UBS AG 11.260 11/12/2012 EUR 53.68
UBS AG 10.930 11/12/2012 EUR 49.73
UBS AG 9.650 11/12/2012 EUR 38.66
UBS AG 9.470 11/12/2012 EUR 45.56
UBS AG 9.020 11/12/2012 EUR 37.03
UBS AG 8.780 11/12/2012 EUR 73.24
UBS AG 8.590 11/12/2012 EUR 59.82
UBS AG 8.370 11/12/2012 EUR 52.34
UBS AG 9.840 11/12/2012 EUR 64.91
UBS AG 8.280 11/12/2012 EUR 64.50
UBS AG 7.570 11/12/2012 EUR 71.11
UBS AG 6.700 11/12/2012 EUR 50.18
UBS AG 6.070 11/12/2012 EUR 57.25
UBS AG 8.280 11/12/2012 EUR 64.50
UBS AG 12.000 11/12/2012 EUR 69.54
UBS AG 13.120 11/12/2012 EUR 73.31
UBS AG 13.560 11/12/2012 EUR 32.60
UBS AG 13.600 11/12/2012 EUR 45.18
UBS AG 11.660 11/12/2012 EUR 36.05
UBS AG 13.000 11/23/2012 USD 71.25
UBS AG 9.440 12/5/2012 USD 13.20
UBS AG 23.020 12/17/2012 USD 8.87
UBS AG 8.080 12/21/2012 EUR 70.97
UBS AG 8.150 12/21/2012 EUR 65.24
UBS AG 8.250 12/21/2012 EUR 62.03
UBS AG 8.990 12/21/2012 EUR 60.62
UBS AG 9.000 12/21/2012 EUR 62.98
UBS AG 9.100 12/21/2012 EUR 68.51
UBS AG 9.150 12/21/2012 EUR 73.97
UBS AG 9.730 12/21/2012 EUR 59.28
UBS AG 9.890 12/21/2012 EUR 60.92
UBS AG 10.060 12/21/2012 EUR 72.11
UBS AG 10.160 12/21/2012 EUR 66.27
UBS AG 10.490 12/21/2012 EUR 57.95
UBS AG 10.810 12/21/2012 EUR 59.04
UBS AG 11.000 12/21/2012 EUR 70.38
UBS AG 11.260 12/21/2012 EUR 56.77
UBS AG 11.270 12/21/2012 EUR 64.24
UBS AG 11.770 12/21/2012 EUR 57.34
UBS AG 11.970 12/21/2012 EUR 68.78
UBS AG 12.020 12/21/2012 EUR 55.65
UBS AG 12.200 12/21/2012 EUR 49.62
UBS AG 12.400 12/21/2012 EUR 62.40
UBS AG 12.760 12/21/2012 EUR 55.79
UBS AG 12.800 12/21/2012 EUR 54.60
UBS AG 12.970 12/21/2012 EUR 67.30
UBS AG 13.560 12/21/2012 EUR 60.73
UBS AG 13.570 12/21/2012 EUR 53.69
UBS AG 13.770 12/21/2012 EUR 54.38
UBS AG 13.980 12/21/2012 EUR 65.93
UBS AG 14.350 12/21/2012 EUR 52.69
UBS AG 14.740 12/21/2012 EUR 59.22
UBS AG 14.810 12/21/2012 EUR 53.11
UBS AG 15.000 12/21/2012 EUR 64.66
UBS AG 15.130 12/21/2012 EUR 51.89
UBS AG 15.860 12/21/2012 EUR 51.95
UBS AG 15.920 12/21/2012 EUR 51.00
UBS AG 15.930 12/21/2012 EUR 57.85
UBS AG 16.030 12/21/2012 EUR 63.48
UBS AG 16.600 12/21/2012 EUR 46.48
UBS AG 16.710 12/21/2012 EUR 50.23
UBS AG 16.930 12/21/2012 EUR 50.90
UBS AG 17.070 12/21/2012 EUR 62.39
UBS AG 17.500 12/21/2012 EUR 49.51
UBS AG 18.000 12/21/2012 EUR 49.94
UBS AG 19.090 12/21/2012 EUR 48.27
UBS AG 10.740 1/3/2013 USD 32.24
UBS AG 18.300 1/4/2013 EUR 61.65
UBS AG 14.820 1/4/2013 EUR 67.84
UBS AG 15.310 1/4/2013 EUR 73.43
UBS AG 15.990 1/4/2013 EUR 65.57
UBS AG 16.160 1/4/2013 EUR 72.09
UBS AG 17.000 1/4/2013 EUR 70.82
UBS AG 17.150 1/4/2013 EUR 63.51
UBS AG 23.750 1/4/2013 EUR 72.44
UBS AG 19.440 1/4/2013 EUR 59.96
UBS AG 20.570 1/4/2013 EUR 58.43
UBS AG 21.700 1/4/2013 EUR 57.05
UBS AG 11.810 1/4/2013 EUR 74.52
UBS AG 12.420 1/4/2013 EUR 73.07
UBS AG 22.000 1/4/2013 EUR 74.65
UBS AG 24.750 1/4/2013 EUR 73.61
UBS AG 24.750 1/4/2013 EUR 73.21
UBS AG 13.030 1/4/2013 EUR 71.68
UBS AG 13.630 1/4/2013 EUR 70.34
UBS AG 14.230 1/4/2013 EUR 69.06
UBS AG 14.470 1/4/2013 EUR 74.85
UBS AG 10.390 1/18/2013 USD 32.76
UBS AG 12.010 1/25/2013 EUR 56.54
UBS AG 16.200 1/25/2013 EUR 64.61
UBS AG 14.070 1/25/2013 EUR 55.00
UBS AG 11.700 1/25/2013 EUR 67.42
UBS AG 11.020 1/25/2013 EUR 57.49
UBS AG 13.070 2/22/2013 EUR 60.05
UBS AG 10.590 2/22/2013 EUR 64.27
UBS AG 13.940 2/22/2013 EUR 71.77
UBS AG 8.230 2/22/2013 EUR 69.64
UBS AG 8.980 2/22/2013 EUR 60.91
UBS AG 10.960 2/22/2013 EUR 57.72
UBS AG 12.680 2/22/2013 EUR 70.94
UBS AG 15.800 2/22/2013 EUR 67.28
UBS AG 13.660 2/22/2013 EUR 54.28
UBS AG 10.540 3/7/2013 CHF 69.85
UBS AG 10.000 3/7/2013 USD 57.35
UBS AG 8.100 3/7/2013 CHF 68.40
UBS AG 9.650 3/22/2013 USD 18.81
UBS AG 9.000 3/22/2013 USD 11.45
UBS AG 9.850 3/22/2013 USD 19.50
UBS AG 21.250 4/2/2013 EUR 74.93
UBS AG 23.250 4/2/2013 EUR 74.62
UBS AG 24.750 4/2/2013 EUR 72.00
UBS AG 24.250 4/2/2013 EUR 74.63
UBS AG 24.750 4/2/2013 EUR 71.33
UBS AG 9.930 4/11/2013 USD 30.83
UBS AG 8.550 4/11/2013 USD 28.34
UBS AG 10.170 4/26/2013 EUR 57.91
UBS AG 10.600 4/26/2013 EUR 66.94
UBS AG 10.970 4/26/2013 EUR 57.34
UBS AG 12.610 4/26/2013 EUR 56.16
UBS AG 14.100 4/26/2013 EUR 65.05
UBS AG 11.000 4/30/2013 USD 39.25
UBS AG 8.000 5/24/2013 USD 70.70
UBS AG 24.500 6/28/2013 EUR 71.28
UBS AG 24.500 6/28/2013 EUR 72.99
UBS AG 22.000 6/28/2013 EUR 73.87
UBS AG 24.000 6/28/2013 EUR 74.61
UBS AG 8.690 7/2/2013 USD 30.24
UBS AG 12.900 9/20/2013 EUR 51.60
UBS AG 10.200 9/20/2013 EUR 52.51
UBS AG 15.900 9/20/2013 EUR 51.70
UBS AG 22.000 9/27/2013 EUR 74.10
UBS AG 24.750 9/27/2013 EUR 74.51
UBS AG 11.020 10/21/2013 USD 50.31
UBS AG 5.950 11/14/2013 USD 52.10
UBS AG 6.980 11/27/2013 USD 32.31
UBS AG 23.250 1/3/2014 EUR 74.15
UBS AG 0.500 4/27/2015 CHF 40.85
UBS AG JERSEY 3.220 7/31/2012 EUR 31.30
UNITED KINGDOM
--------------
ALLIANC&LEIC BLD 5.875 8/14/2031 GBP 69.41
BARCLAYS BK PLC 7.000 7/27/2012 USD 10.56
BARCLAYS BK PLC 11.500 7/27/2012 USD 7.48
BARCLAYS BK PLC 10.800 7/31/2012 USD 26.24
BARCLAYS BK PLC 9.000 8/28/2012 USD 8.60
BARCLAYS BK PLC 11.070 8/31/2012 USD 30.29
BARCLAYS BK PLC 8.000 9/11/2012 USD 10.87
BARCLAYS BK PLC 8.000 9/11/2012 USD 10.11
BARCLAYS BK PLC 13.000 9/28/2012 EUR 30.53
BARCLAYS BK PLC 12.000 9/28/2012 EUR 60.41
BARCLAYS BK PLC 8.000 9/28/2012 USD 10.73
BARCLAYS BK PLC 8.000 9/28/2012 EUR 71.07
BARCLAYS BK PLC 14.000 10/1/2012 USD 10.10
BARCLAYS BK PLC 9.000 10/1/2012 USD 9.67
BARCLAYS BK PLC 9.000 10/16/2012 USD 10.82
BARCLAYS BK PLC 8.500 10/16/2012 USD 10.86
BARCLAYS BK PLC 7.500 10/30/2012 EUR 53.00
BARCLAYS BK PLC 8.250 12/14/2012 EUR 71.03
BARCLAYS BK PLC 9.500 12/14/2012 EUR 68.87
BARCLAYS BK PLC 12.500 1/2/2013 EUR 61.58
BARCLAYS BK PLC 11.000 1/2/2013 EUR 73.14
BARCLAYS BK PLC 6.000 1/2/2013 EUR 43.18
BARCLAYS BK PLC 11.000 3/22/2013 EUR 73.13
BARCLAYS BK PLC 10.750 3/22/2013 EUR 37.61
BARCLAYS BK PLC 8.000 3/22/2013 EUR 72.99
BARCLAYS BK PLC 10.000 3/22/2013 EUR 38.37
BARCLAYS BK PLC 16.000 5/23/2013 USD 10.06
BARCLAYS BK PLC 10.500 6/28/2013 EUR 66.57
BARCLAYS BK PLC 8.000 6/28/2013 EUR 73.61
BARCLAYS BK PLC 8.000 6/28/2013 EUR 41.65
BARCLAYS BK PLC 9.000 6/28/2013 EUR 69.82
BARCLAYS BK PLC 11.000 6/28/2013 EUR 39.52
BARCLAYS BK PLC 8.250 1/26/2015 USD 1.09
BARCLAYS BK PLC 6.750 10/16/2015 GBP 1.08
BARCLAYS BK PLC 9.050 6/20/2016 EUR 60.38
BARCLAYS BK PLC 0.500 12/3/2017 AUD 74.22
BARCLAYS BK PLC 0.500 3/22/2019 NZD 74.94
BARCLAYS BK PLC 0.500 9/24/2019 AUD 66.37
BARCLAYS BK PLC 1.262 6/2/2031 USD 74.47
BARCLAYS BK PLC 1.988 12/1/2040 USD 71.01
BARCLAYS BK PLC 2.325 1/2/2041 USD 69.35
BARCLAYS BK PLC 1.645 6/3/2041 USD 63.15
CATTLES PLC 6.875 1/17/2014 GBP 1.88
CATTLES PLC 7.125 7/5/2017 GBP 1.88
CO-OPERATIVE BNK 5.875 3/28/2033 GBP 76.51
DUNFERMLINE BS 6.000 3/31/2015 GBP 1.13
EFG HELLAS PLC 5.400 11/2/2047 EUR 19.13
EMPORIKI GRP FIN 4.350 7/22/2014 EUR 66.00
EMPORIKI GRP FIN 5.000 12/2/2021 EUR 41.25
EMPORIKI GRP FIN 5.100 12/9/2021 EUR 41.63
EMPORIKI GRP FIN 5.000 2/24/2022 EUR 40.75
EMPORIKI GRP FIN 6.000 5/18/2022 EUR 44.63
ENTERPRISE INNS 6.875 2/15/2021 GBP 72.58
ENTERPRISE INNS 6.875 5/9/2025 GBP 66.88
ENTERPRISE INNS 6.375 9/26/2031 GBP 63.92
ESSAR ENERGY 4.250 2/1/2016 USD 58.16
F&C ASSET MNGMT 6.750 12/20/2026 GBP 69.00
GALA ELECTRIC CA 11.500 6/1/2019 GBP 71.46
GALA ELECTRIC CA 11.500 6/1/2019 GBP 71.09
GREENE KING FIN 5.702 12/15/2034 GBP 109.84
GS INTERNATIONAL 8.250 12/17/2012 EUR 55.70
HBOS PLC 6.305 10/18/2017 GBP 73.00
HBOS PLC 4.500 3/18/2030 EUR 63.92
HSBC BANK PLC 0.500 11/16/2018 AUD 72.78
HSBC BANK PLC 0.500 6/30/2021 NZD 67.27
HSBC BANK PLC 0.500 11/22/2021 AUD 64.55
HSBC BANK PLC 0.500 11/30/2021 NZD 65.79
HSBC BANK PLC 0.500 12/2/2022 AUD 54.00
HSBC BANK PLC 0.500 12/29/2022 AUD 56.13
HSBC BANK PLC 0.500 2/2/2023 AUD 54.06
HSBC BANK PLC 0.500 2/24/2023 AUD 56.73
HSBC BANK PLC 0.500 4/3/2023 AUD 60.03
HSBC BANK PLC 0.500 10/30/2026 NZD 52.68
HSBC BANK PLC 0.500 12/8/2026 AUD 40.91
HSBC BANK PLC 0.500 12/29/2026 AUD 41.35
HSBC BANK PLC 0.500 1/29/2027 NZD 52.10
HSBC BANK PLC 0.500 2/24/2027 NZD 51.94
HSBC BANK PLC 0.500 4/27/2027 NZD 51.55
HSBC BANK PLC 0.500 7/30/2027 NZD 50.96
MARSTONS ISSUER 5.641 7/15/2035 GBP 70.83
MATALAN 9.625 3/31/2017 GBP 71.17
MATALAN 9.625 3/31/2017 GBP 71.00
MAX PETROLEUM 6.750 9/8/2013 USD 39.20
NOMURA BANK INTL 0.800 12/21/2020 EUR 68.23
OTE PLC 7.250 4/8/2014 EUR 66.96
OTE PLC 4.625 5/20/2016 EUR 58.09
PRIVATBANK 5.799 2/9/2016 USD 69.98
PUNCH TAVERNS 5.883 10/15/2026 GBP 61.75
ROYAL BK SCOTLND 6.250 12/20/2012 EUR 51.70
ROYAL BK SCOTLND 4.625 9/22/2021 EUR 74.56
ROYAL BK SCOTLND 4.243 1/12/2046 EUR 49.50
RSL COMM PLC 9.125 3/1/2008 USD 1.25
RSL COMM PLC 10.125 3/1/2008 USD 1.25
RSL COMM PLC 12.000 11/1/2008 USD 1.25
RSL COMM PLC 10.500 11/15/2008 USD 1.22
RSL COMM PLC 9.875 11/15/2009 USD 1.25
SKIPTON BUILDING 5.625 1/18/2018 GBP 67.27
SPIRIT ISSUER 5.472 12/28/2028 GBP 70.50
THOMAS COOK GR 6.750 6/22/2015 EUR 45.56
THOMAS COOK GR 7.750 6/22/2017 GBP 42.93
UNIQUE PUB FIN 7.395 3/28/2024 GBP 63.40
UNIQUE PUB FIN 6.464 3/30/2032 GBP 45.00
*********
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.
* * * End of Transmission * * *