/raid1/www/Hosts/bankrupt/TCREUR_Public/120827.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 27, 2012, Vol. 13, No. 170
Headlines
A R M E N I A
* ARMENIA: Fitch Affirms 'BB-' Long-Term Issuer Default Ratings
B E L G I U M
IDEAL STANDARD: Fitch Revises Ratings of Corporate Issues to CCC+
F R A N C E
DOUX: Barclays Set to Take 80% Stake
TECHNICOLOR SA: S&P Raises Long-Term Corp. Credit Rating to 'B'
G E R M A N Y
LANTIQ BETEILIGUNGS: S&P Puts 'CCC+' Corp. Rating on Watch Neg.
G R E E C E
FAGE DAIRY: S&P Keeps 'B' Corporate Credit Rating on Watch Neg
I R E L A N D
ANTHRACITE EURO 2006-1: Fitch Affirms C Ratings on 3 Note Classes
BRINKHALL LTD: Exits Examinership; 71 Jobs Saved
CAPPOQUIN POULTRY: Examiner Seeks Executive Powers
WINDERMERE XIV: Balloon Risk Cues Fitch to Downgrade Ratings
N E T H E R L A N D S
GREEN APPLE: Moody's Assigns 'Ba1' Rating on Class C RMBS Notes
S P A I N
TREE INVERSIONES: Moody's Cuts Rating on Mezzanine Loan to 'B1'
* SPAIN: In Talks with Eurozone Partners Over Bailout Terms
T U R K E Y
* TURKEY: Fitch Sees Solid Progress in Economy
U N I T E D K I N G D O M
DAWSON INTERNATIONAL: Gets Interest From 35 Potential Buyers
EUROPEAN PRIME NO. 1: S&P Withdraws 'D' Rating on Class D Notes
GREENSTAR: In Receivership on EUR80 Million Bank Loan Default
LONMIN PLC: Asks Lenders to Waive Banking Covenant Test
MEDIA SHOP: Goes Into Administration, Leaves 20 Clients in Limbo
MOUCHEL GROUP: Set to Enter Into Pre-Pack Administration
UNITED CARPETS: Shares Suspended From Trading
* Fitch Cuts 2 Tranches & Affirms 25 Tranches of 9 SF CDO Deals
X X X X X X X X
* S&P 2012 Corporate Default Tally of 53 Matches Last Year's
* BOND PRICING: For the Week August 20 to August 24, 2012
*********
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A R M E N I A
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* ARMENIA: Fitch Affirms 'BB-' Long-Term Issuer Default Ratings
---------------------------------------------------------------
Fitch Ratings has affirmed Armenia's Long-term foreign and local
currency Issuer Default Ratings (IDR) at 'BB-'. The Outlook on
the Long-term IDRs is Stable. At the same time, Fitch has
affirmed the Short-term foreign currency IDR at 'B' and Country
Ceiling at 'BB'.
The rating affirmation reflects the fact that Armenia is
gradually reducing its fiscal and external imbalances. The
government narrowed the fiscal deficit to 2.8% of GDP in 2011,
from 5% of GDP in 2010, through tax collection improvements,
revenue surprises and spending restraint. The fiscal deficit is
converging on the medium term target of 2% of GDP, although not
all supporting measures have been spelled out. This would allow
public debt to stabilize at around 45% of GDP. However, this
ratio is unusually sensitive to exchange rate movements, given
that 84% of public debt is in foreign currency, mainly from
multilateral lenders. External and fiscal sustainability are
therefore closely linked.
Real GDP grew 4.6% in 2011, driven by consumption and exports,
and a rebound in agriculture. Fitch expects growth of around 4%
in 2012-14, with risks to the upside in 2012. Mining production
could outperform, but exposure to metals prices and the Russian
economy are sources of vulnerability. Improvements in the
investment climate would lead to more rapid growth in the medium-
term.
External finances are a weakness relative to peers. The current
account deficit (CAD) narrowed to 11% of GDP in 2011, but was
still the second largest in Emerging Europe and the third widest
among 'BB' rated sovereigns. It is well above its pre-crisis
level. Slowing growth in export earnings, linked to falling
metals prices, will limit further progress in 2012. With only
half of the CAD financed by foreign direct investment, the
remainder is financed by external borrowing, pushing up net
external indebtedness.
The Central Bank of Armenia (CBA) allowed greater exchange rate
flexibility in H112 during a lull in foreign exchange earnings.
The size of its interventions has declined although it has been a
net seller of foreign exchange in 2011-2012.
Armenia will start to make net repayments to the IMF in 2013. CBA
and government repayments to the IMF are to peak in 2013 at
US$279 million (2.6% of forecast GDP or one-sixth of CBA
reserves). Reserves will therefore stay flat or decline. Fitch
expects the government to seek a successor agreement to the
Extended Fund Facility/Extended Credit Facility expiring in June
2013. The government expects to refinance its direct obligations
to the Fund from multilateral sources.
Armenia's ability to absorb further external shocks is weaker
than in 2008, as government and external debt have multiplied.
Pressure on reserves or the dram -- following an external shock
-- would lead to negative rating action. Any shortfall in capital
inflows would increase risks of currency devaluation. A lower
CAD, lower dollarization and more buoyant reserves would be
positive for the ratings.
Further progress in reducing the fiscal deficit, preferably via
tax collection improvements rather than spending restraint, would
help bolster creditworthiness. While government debt service
ratios are still low, funding costs will rise over the medium-
term, increasing the importance of stabilizing or reducing public
debt. Pension reform in 2014, though a net fiscal cost in the
short term, could help develop local capital markets and reduce
reliance on external and bank borrowing.
Fitch has previously highlighted the relative strengths of
Armenia's banking system. However, real bank lending growth was
the fastest in Emerging Europe in 2011 at 25%, and the second
fastest among 'BB' rated sovereigns, raising some macro-
prudential concerns. Rapid growth has continued in 2012, with
lending to corporates and in foreign currency the main growth
areas. Risks to sovereign creditworthiness are mitigated by
banks' loss absorption capacity, in the shape of high capital
adequacy ratios, and the relatively small size of the banking
system.
Policy continuity is the most likely outcome of presidential
elections in February 2013. Fitch believes President Serzh
Sargsyan is likely to win a second term, assuming he stands
again. The improved conduct of parliamentary elections in May
2012, which gave the ruling Republican Party an enhanced
majority, suggests that the result will be broadly accepted,
averting the risk of a disputed result and violence, as seen in
2008.
Political unrest, triggered by a disputed presidential election in
February 2012, or worsening tensions with Azerbaijan surrounding
Nagorno-Karabakh -- neither of which are part of Fitch's core
forecast -- could lead to negative rating action.
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B E L G I U M
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IDEAL STANDARD: Fitch Revises Ratings of Corporate Issues to CCC+
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Fitch Ratings has revised the ratings of corporate issues by
Ideal Standard International SA, Gala Electric Casinos plc and
ONO Finance II plc following the addition of 'CCC+' and 'CCC-'
debt instrument ratings to the agency's rating scale.
These revisions reflect the insertion of additional notches into
Fitch's master rating scale for instrument ratings, and do not
reflect any change in Fitch's view of the creditworthiness of the
issuers or instruments changed in this rating action.
The rating revisions are as follows:
Ideal Standard International SA:
-- Senior secured notes due 2018 Long-term rating revised to
'CCC+'/'RR3' from 'B-'/'RR3'.
Gala Electric Casinos plc:
-- Senior notes due 2019 Long-term rating revised to
'CCC+'/'RR6' from 'CCC'/'RR6'.
ONO Finance II plc:
-- Unsecured notes due 2019 and 2020 Long-term rating revised
to 'CCC+'/'RR6' from 'CCC'/'RR6'.
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F R A N C E
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DOUX: Barclays Set to Take 80% Stake
------------------------------------
Reuters reports that a union said on Thursday Barclays is set to
assume control of debt-burdened Doux next month, enabling the UK
bank to pursue a turnaround plan for the business supported by the
family that controls the company.
According to Reuters, Barclays is expected to take an 80% stake in
Doux, which went into court administration in early June, in
exchange for forgiving debt of EUR140 million (US$175 million).
The plan received implicit backing from a French court on Aug. 1,
Reuters notes.
"The transformation of Doux's Barclays debt into 80 percent of its
capital should be implemented on Sept. 10," Raymond Gouiffes of
the CGT union told Reuters following a meeting of the company's
works council.
A French commercial court has ordered the liquidation of Doux's
money-losing fresh poultry operations, which have attracted five
bids, Reuters relates. The court is due to review the offers on
Sept. 5, Reuters discloses.
Doux is a French poultry group.
TECHNICOLOR SA: S&P Raises Long-Term Corp. Credit Rating to 'B'
---------------------------------------------------------------
Standard & Poor's Ratings Services raised its long-term corporate
credit rating and senior debt rating on French technology company
Technicolor S.A. (formerly Thomson S.A.) to 'B' from 'B-'. "We
also affirmed our short-term corporate credit rating at 'B'. The
outlook is stable," S&P said.
"We have revised the recovery rating on Technicolor's credit
facilities and notes to '3' from '4', reflecting our expectation
of meaningful (50%-70%) recovery prospects in an event of
default," S&P said.
"The upgrade follows Technicolor's prepayment of about EUR164
million of its debt -- about 11% of total -- in the third quarter
of 2012, using cash proceeds from recently completed capital
increases and disposal of its broadcast business," S&P said.
"The action reflects our base-case scenario expectations of sound
operating performance in 2012 and 2013, with both revenues and
EBITDA growing in the low single digits, sustained positive free
operating cash flow (FOCF), and the maintenance of adequate
liquidity, including covenant headroom," S&P said.
"Importantly, we believe the debt prepayment has to some extent
improved the company's ability to comply with its financial
covenants over the next two years. Still, we expect Technicolor's
liquidity to remain an important factor for its rating in the
coming years. We view the company's liquidity as 'adequate,'
according to our criteria as of June 30, 2012, and pro forma for
the debt prepayment," S&P said.
"The stable outlook reflects our expectation that Technicolor
will be able to gradually increase its EBITDA before
restructuring costs and its free cash flow generation over the
next two years, enabling it to meet growing annual debt
amortization without affecting its cash balance. The outlook also
takes into account our view that the company will likely maintain
adequate liquidity in the form of cash balances of at least
EUR150 million, and covenant headroom at a minimum of 20%," S&P
said.
"We could consider a negative rating action over the next 12
months if trading conditions deteriorated, as a result of a major
economic downturn or increasing competition, and led to a
weakening of Technicolor's free cash flow generation or its cash
position, or a prolonged reduction in covenant headroom to less
than 20%," S&P said.
"Ratings upside, although unlikely in the next 12 months in our
opinion, could arise if Technicolor were able to post sustained
and accelerated earnings growth, with annual FOCF reaching EUR150
million or more, while maintaining adequate liquidity prospects,"
S&P said.
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G E R M A N Y
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LANTIQ BETEILIGUNGS: S&P Puts 'CCC+' Corp. Rating on Watch Neg.
---------------------------------------------------------------
Standard & Poor's Ratings Services placed its 'CCC+' long-term
corporate credit rating on Germany-based semiconductor company
Lantiq Beteiligungs-GmbH & Co. KG on CreditWatch with negative
implications, along with its 'B-' issue rating on Lantiq's debt.
"We placed the ratings on CreditWatch to reflect our opinion that
Lantiq's weaker-than-expected operating results in the third
quarter of fiscal 2012 will persist over the next few quarters,
due to the currently subdued industry demand, lower-than-expected
revenues from new product launches, and continued competitive
pressure on margins," S&P said.
"We revised our assessment of Lantiq's liquidity to 'weak' from
'less than adequate' to reflect the continued negative free cash
flow generation and likely covenant breach on Sept. 30, 2012,"
S&P said.
"We expect to resolve the CreditWatch within the next three
months, after discussing with Lantiq's management how the company
is planning to address the currently weaker-than-expected
operating performance, its high debt load and amortization
schedule, and the expected covenant breaches," S&P said.
"We could lower the ratings if we perceive that Lantiq will be
unable to avoid a payment default over the next 12 months, for
example, as a result of insufficient support from GGC, or if it
is unable to obtain an amendment to its covenant schedule within
the next three months. In addition, continued top-line pressures
amidst subdued industry demand and weak revenue prospects from
new products, as well as expectations of continued negative FOCF
generation, could put pressure on the ratings. Furthermore, we
could lower the ratings if we perceive an increased likelihood
that Lantiq and its owner might consider capital transactions
that would qualify as a distressed debt-exchange offer under our
criteria," S&P said.
"We could affirm the ratings if Lantiq is able to amend its
covenant schedule and restore adequate covenant headroom of at
least 15% in fiscal 2013," S&P said.
"In light of the overall weak operating performance, we see
limited rating upside at this stage," S&P said.
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G R E E C E
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FAGE DAIRY: S&P Keeps 'B' Corporate Credit Rating on Watch Neg
--------------------------------------------------------------
Standard & Poor's Ratings Services said it has kept on
CreditWatch with negative implications its 'B' long-term
corporate credit rating on Greece-based dairy processor Fage
Dairy Industry S.A. The 'B' issue rating on Fage's senior
unsecured notes also remains on CreditWatch negative.
All ratings were originally placed on CreditWatch negative on
June 8, 2012.
"The CreditWatch reflects our view that Fage could be negatively
affected by the potential withdrawal of the Hellenic Republic
(Greece; CCC/Negative/C) from the European Economic and Monetary
Union (eurozone), which could occur over the next couple of
months as Greece's liquidity squeeze intensifies," S&P said.
"Sales outside Greece represented more than 68% of Fage's total
sales in the first half of 2012. We anticipate that this
percentage will continue to increase, primarily due to the
company's U.S. operations, which will likely continue to deliver
solid growth and more than offset the decline in the group's
domestic sales, as consumer sentiment further decreases in
Greece. In the first half of 2012, Fage's sales were up 11%,
including a 40% growth outside Greece (of which a 46% increase in
U.S. volumes) and a 23% decline in domestic sales. At the same
time, profitability improved, with the company's adjusted EBITDA
margin up to 15%, thanks to a decrease in milk prices,
transportation costs, and advertising and promotion (A&P)
expenses primarily due to a reduction in marketing expenditures in
Greece," S&P said.
"Still, about 30% of Fage's sales are domestic and about 50% of
its assets are located in Greece (serving Greece and other
European markets). As a result, a meaningful deterioration in the
Greek economy following an exit from the eurozone would cause
demand for Fage's products to further fall in Greece and could
disrupt the company's Greek operations through a meaningful
increase in customer nonpayment and potential supply chain
disruptions," S&P said.
"That said, these risks are mitigated by Fage's Greek customer
base, which primarily includes large non-Greek European retailers
as the group continues to reduce its exposure to small and local
players. We also note that Fage's European operations obtain some
raw materials--including cow's milk--from non-Greek sources. We
believe, though, that finding alternate suppliers could be
expensive for Fage if Greece leaves the eurozone and adopts a
new, weak currency," S&P said.
"Fage had about EUR236 million total debt outstanding as of June
30, 2012, consisting primarily of a EUR101.5 million bond due
2015, EUR119 million (euro equivalent) bond due 2020, and drawing
under the $50 million five-year revolving credit facility (RCF).
We view Fage's liquidity as 'adequate.' We believe the company
does not need to access the debt market in the coming years, due
to the lack of material upcoming maturities, its cash balances
(mostly located in the U.S.), undrawn committed lines, and our
expectation of flat-to-positive free cash flow generation going
forward. However, we think there is a risk that further
meaningful decline in domestic demand could weaken Fage's
financial profile following a eurozone exit, potentially placing
pressure on the company's 'adequate' liquidity," S&P said.
"The CreditWatch negative placement reflects our view that we
could lower our ratings on Fage if a Greek exit from the eurozone
threatened the company's 'adequate' liquidity and its financial
profile," S&P said.
"We could affirm our ratings on Fage and remove them from
CreditWatch if we believed that the company could minimize the
negative effects of a Greek exit from the eurozone on its
liquidity, financial profile, and operations. Supporting this
outcome are Fage's existing access to non-Greek raw materials,
its substantial U.S. operations, and its 'adequate' liquidity,"
S&P said.
"We will resolve the CreditWatch negative placement once we have
obtained more clarity on events in Greece, including developments
regarding the country's liquidity situation and whether it will
remain in the eurozone," S&P said.
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I R E L A N D
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ANTHRACITE EURO 2006-1: Fitch Affirms C Ratings on 3 Note Classes
-----------------------------------------------------------------
Fitch Ratings has affirmed Anthracite Euro CRE CDO 2006-1
p.l.c.'s notes, as follows:
-- EUR84.3m Class A (ISIN XS0276697272): affirmed at 'CCsf'
-- EUR29.0m Class B (ISIN XS0276697512): affirmed at 'CCsf'
-- EUR51.4m Class C (ISIN XS0276698163): affirmed at 'Csf'
-- EUR33.7m Class D (ISIN XS0276698833): affirmed at 'Csf'
-- EUR28.4m Class E (ISIN XS0276699302): affirmed at 'Csf'
The affirmation reflects the distressed portfolio credit quality
and limited credit enhancement available to the notes. The share
of assets rated 'CCC' or below in the portfolio has decreased to
27% from 46% in September 2011 due to defaults in the portfolio.
The class C, D, and E notes are currently undercollateralized.
Fitch views the default of these tranches as unavoidable. The
agency does not believe excess spread from the portfolio will be
sufficient to cure the undercollateralization given the ongoing
breach of all overcollateralization tests as well as the minimum
weighted average spread test.
Anthracite Euro CRE CDO 2006-1 p.l.c. is a managed cash arbitrage
securitization of real estate assets, primarily commercial
mortgage-backed securities, commercial mortgage B-notes and
mezzanine mortgage loans. At closing, a total note issuance of
EUR343 million was used to invest in a target portfolio of
EUR335 million. The portfolio is managed by BlackRock Financial
Management Inc. The reinvestment period ended in February 2012.
BRINKHALL LTD: Exits Examinership; 71 Jobs Saved
------------------------------------------------
InsolvencyJournal.ie, citing RTE, reports that Brinkhall (Athy)
Limited and associated companies emerged from the examinership
process last week saving 71 jobs.
The company entered into examinership in May of this year,
InsolvencyJournal.ie recounts. A survival plan was presented to
the High Court which put together a scheme of arrangement that had
been accepted by all of the company's creditors including the
Revenue Commissioners, InsolvencyJournal.ie discloses. The Court
heard that the companies secured significant new investment from
Ard Services Ltd, a subsidiary of Topaz and has put agreements in
place with Musgraves,InsolvencyJournal.ie relates.
Mr. Justice John Cooke approved the scheme on Aug. 20 and allowed
the company to exit examinership as going concern,
InsolvencyJournal.ie notes.
Brinkhall (Athy) Limited who owns a group of service stations and
convenience stores in Kildare and Meath.
CAPPOQUIN POULTRY: Examiner Seeks Executive Powers
-------------------------------------------------
InsolvencyJournal.ie, citing Irish Examiner and Sunday Business
Post, reports that Cappoquin Poultry's appointed examiner last
week asked the High Court to grant him executive powers over the
company. This request came after growing unrest from the
company's suppliers, InsolvencyJournal.ie notes.
According to InsolvencyJournal.ie, it was reported in the Sunday
Business Post on Aug. 19 that some growers have threatened to cut
supplies to the company unless the current management gives up
control. This highly unusual request by the examiner will allow
him to take full control of all management decisions and in effect
grant him the same functions as the directors,
InsolvencyJournal.ie states.
The petitioner, Henry Good, the largest creditor of EUR4 million,
accused Perwaiz Latif (the Director) of asset stripping, writing
bounced checks and failing to collect millions of euro from Mr.
Latif's brothers company in the UK., InsolvencyJournal.ie
discloses. The company who employs 136 people and dozens of
outside contractors is believed to have debt of EUR6 million,
InsolvencyJournal.ie states.
The Petitioner also informed the court that the company has a
reasonable prospect of survival as a going concern, and therefore
could be saved by the process of examinership,
InsolvencyJournal.ie notes.
The presiding Judge, Mr. Justice John D. Cooke transferred all
boardroom powers to the examiner, subject to the examiner not
altering the production process and techniques without
consultation with the director, InsolvencyJournal.ie relates. The
court heard on Aug. 23 that Mr. Latif will still play a role in
the examination process, InsolvencyJournal.ie recounts.
Cappoquin Poultry is a Co Waterford chicken processing company.
WINDERMERE XIV: Balloon Risk Cues Fitch to Downgrade Ratings
------------------------------------------------------------
Fitch Ratings has downgraded Windermere XIV CMBS Ltd's class A to
D notes and affirmed the others, as follows:
-- EUR508.4m class A (XS0330752436) downgraded to 'BBBsf' from
'Asf'; Outlook Negative
-- EUR79.0m class B (XS0330752782) downgraded to 'BBsf' from
'BBBsf'; Outlook Negative
-- EUR64.3m class C (XS0330752949) downgraded to 'Bsf' from
'BBsf'; Outlook Negative
-- EUR27.2m class D (XS0330753244) downgraded to 'CCCsf' from
'Bsf'; assigned Recovery Estimate (RE) RE80%
-- EUR36.0m class E (XS0330753590) affirmed at 'CCCsf';
assigned RE0%
-- EUR17.6m class F (XS0330753673) affirmed at 'CCCsf';
assigned RE0%
The downgrades reflect increased concerns about balloon risk,
exacerbated by re-letting risk on two circa EUR250m loans
maturing in January 2014. While there are mitigants -- the
property quality for the Haussmann loan and a solid track record
of re-letting vacated space for Fortezza II -- they are not
sufficient to allay Fitch's concerns, as indicated by the
Negative Outlooks.
The Haussmann property is the sole collateral for the largest
loan in the transaction (35.2% of the outstanding balance).
While it is a prime central Paris office property, re-letting
vacant space in the property is subject to the completion of
refurbishment works. Vacancy arose upon one of two leases
expiring in January 2011, since when the office has remained
approximately half-vacant. Fitch understands that refurbishment
works are financed with sponsor equity, and its objective of
maintaining a high standard is a positive signal about its
commitment to the asset.
Nevertheless, the works expose noteholders to completion and
prolong exposure to the occupational markets. Moreover, the
remaining lease will mature close to loan maturity. While rent
from this tenant is sufficient for current debt service payments
(which are however not hedged against interest rate movements),
failure to re-let the entire building may postpone refinancing,
especially given the loan's weak debt yield.
The similarly sized Fortezza II loan also matures in January
2014, and also has a significant exposure to lease rollover risk
around this date. The collateral, a portfolio of Italian
secondary offices buildings (with all but one in the metropolitan
region of Rome), was originally occupied by public sector
tenants. As leases have broken, there has been some success in
re-letting the space at similar rents, which is a positive sign.
However, the occupational market in Italy is likely to remain
fragile in light of on-going economic difficulties, and the
investment market is particularly depressed. Fitch expects the
loan to be extended.
Three loans (Queen Mary, Baywatch and Sisu), originally scheduled
to mature in 2012, have been extended by 12 months. As a result,
the sequential paydown trigger was not breached and principal
continues to be distributed 50% pro rata and 50% sequentially.
Accordingly, credit enhancement on the higher tranches has not
increased significantly despite partial repayments, which is a
further drag on credit quality.
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N E T H E R L A N D S
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GREEN APPLE: Moody's Assigns 'Ba1' Rating on Class C RMBS Notes
---------------------------------------------------------------
Moody's Investors Service has assigned definitive credit ratings
to the following classes of notes issued by Green Apple B.V.
(2008-I NHG Portfolio):
EUR1925.6M Senior Class A Mortgage-Backed Notes 2008 due
2041, Assigned Aa3 (sf)
EUR29.65M Mezzanine Class B Mortgage-Backed Notes 2008 due
2041, Assigned Baa2 (sf)
EUR19.75M Junior Class C Mortgage-Backed Notes 2008 due 2041,
Assigned Ba1 (sf)
The transaction represents the second compartment out of the
Green Apple issuer. All notes are backed by a pool of prime Dutch
residential mortgage loans which all have the benefit of an NHG-
guarantee. The mortgage loans have been originated by Argenta
Spaarbank N.V. (Argenta, not rated). The portfolio is serviced by
Argenta and the sub delegated servicer is Stater Nederland B.V.
(Stater, not rated) . The transaction closed in December 2008 and
was initially not rated by Moody's.
Ratings Rationale
The ratings of the notes take into account the credit quality of
the underlying mortgage loan pool, from which Moody's determined
the MILAN Credit Enhancement and the portfolio expected loss.
The expected portfolio loss of 0.20% and the MILAN required
Credit Enhancement of 4.4% served as input parameters for Moody's
cash flow model, which is based on a probabilistic lognormal
distribution as described in the report "The Lognormal Method
Applied to ABS Analysis", published in July 2000.
The MILAN Credit Enhancement is slightly lower than in other
prime Dutch RMBS transactions that are fully backed by mortgage
loans with an NHG guarantee. The key drivers for the MILAN Credit
Enhancement are (i) the proportion of loans benefitting from an
NHG guarantee (100%), (ii) the static nature of the pool, (iii)
the weighted average loan-to-foreclosure-value (LTFV) of 106.4%,
(iv) the proportion of interest-only loans parts (41%) and (v)
the weighted average seasoning of the pool of 7.25 years.
Since this pool consists of NHG-guaranteed loans, the historic
NHG pay-out ratios were considered for stressed scenarios in
which the seller may no longer be in a position to honor their
buy-back obligation for loans that do not meet the NHG criteria.
Moody's assumed a rescission rate of 35% in the MILAN analysis.
The key drivers for the portfolio expected loss are (i) the fact
that all mortgage loans have the benefit of an NHG guarantee,
(ii) the buy-back obligation of the sellers in case the mortgage
loan is no longer eligible for the NHG guarantee (pre and post
foreclosure), (iii) the current performance of the transaction
and (iv) benchmarking with comparable transactions in the Dutch
market.
Some borrowers may have savings deposits with Argenta, which
introduces the risk of set-off in case Argenta would go
insolvent. Moody's were provided with data on the amount of
deposits held by borrowers with Argenta and this has been
included in the cash flow modelling. Should the actual deposits
as a percentage of the total portfolio increase over time as a
result of an increase of the amounts held by borrowers at
Argenta, Moody's would have to revise Moody's assumption on the
set-off of deposits in the cash flow modelling, which may lead to
a review of the ratings. Furthermore, collections are received in
an account in the name of Argenta, which introduces the risk of
commingling losses in the scenario Argenta would go insolvent.
The potential commingling loss has also been incorporated in the
cash flow analysis.
Furthermore, approximately 46.1% of the portfolio is linked to
life insurance policies (life mortgage loans), which are exposed
to set-off risk in case an insurance company goes bankrupt. The
seller has provided loan-by-loan insurance company counterparty
data, which Moody's used in the analysis of the set-off risk.
The transaction benefits from a non-amortising reserve fund of
EUR 20 million which currently represents 1.44% of the total
notes outstanding. Apart from the reserve fund, the transaction
benefits from an excess margin of 25 bps provided through the
swap agreement. The swap counterparty is Royal Bank of Scotland
Plc (A3/P-2).
Operational Risk Analysis: Moody's has analyzed the potential
operational risks associated with the servicing and cash
management functions in the transaction. The named servicer in
the transaction is Argenta (not rated). Argenta has sub delegated
the loan administration to one sub servicer (Stater). There is no
back-up servicer in place, nor will a back-up servicer be
appointed upon a certain event. However, the issuer and security
trustee will use best efforts to appoint a substitute servicer if
the main servicer is no longer able to service the mortgage loan
pool. Moody's views this undertaking to be similar to a back-up
servicer facilitator function.
The role of cash manager in this transaction is performed by ATC
Financial Services B.V. (not rated). The cash management
agreement enables the cash manager to continue to make payments
under the notes in a situation when the cash manager receives no
mortgage reports from the servicer. In this situation the cash
manager can use the most recent available mortgage reports to
make payment estimates.
The available liquidity provided by the reserve fund in this
transaction is sufficient to cover 4.5 months of interest
payment, provided that the reserve fund is not drawn to cover
credit losses. Furthermore, under the swap agreement, the issuer
pays interest received by the issuer from the mortgage loans
(minus expenses and the excess margin) and receives the interest
payable on the notes. Should the issuer receive no interest at
all from the mortgage loans, the swap would still pay the
interest due on the notes. This feature provides additional
liquidity following a servicer disruption.
Moody's Parameter Sensitivities: If the MILAN CE was increased
from 4.4% to 7.0% and the portfolio expected loss was increased
from 0.2% to 0.6%, the model output indicates that the class A
note would still achieve Aa3, assuming that all other factors
remain equal.
Moody's Parameter Sensitivities provide a quantitative/model-
indicated calculation of the number of rating notches that a
Moody's structured finance security may vary if certain input
parameters used in the initial rating process differed. The
analysis assumes that the deal has not aged and is not intended
to measure how the rating of the security might migrate over
time, but rather how the initial rating of the security might
have differed if key rating input parameters were varied.
Parameter Sensitivities for the typical EMEA RMBS transaction are
calculated by stressing key variable inputs in Moody's primary
rating model.
The V-Score for this transaction is Low/Medium, which is in line
with the Low/Medium V-Score assigned for the Dutch prime RMBS
sector. The primary source of uncertainty surrounding Moody's
assumptions is the performance of the loans and the rescission
rate for which there is limited historical performance data
available. Operational risks relating to the servicing
arrangement given that the contractual servicer (Argenta) is not
rated by Moody's are another source of uncertainty.
V-Scores are a relative assessment of the quality of available
credit information and of the degree of dependence on various
assumptions used in determining the rating. High variability in
key assumptions could expose a rating to more likelihood of
rating changes. The V-Score has been assigned accordingly to the
report "V-Scores and Parameter Sensitivities in the Major EMEA
RMBS Sectors" published in April 2009.
The principal methodology used in this rating were Moody's
Approach to Rating RMBS in Europe, Middle East, and Africa
published in June 2012.
Moody's noted that on July 2, 2012, it released a Request for
Comment, in which the rating agency has requested market feedback
on potential changes to its rating implementation guidance for
its "Approach to Assessing Linkage to Swap Counterparties in
Structured Finance Cashflow Transactions". If the revised rating
implementation guidance is implemented as proposed, the rating on
the Notes should not be negatively affected.
In rating this transaction, Moody's used ABSROM to model the cash
flows and determine the loss for each tranche. The cash flow
model evaluates all default scenarios that are then weighted
considering the probabilities of the lognormal distribution
assumed for the portfolio default rate. In each default scenario,
the corresponding loss for each class of notes is calculated
given the incoming cash flows from the assets and the outgoing
payments to third parties and noteholders. Therefore, the
expected loss or EL for each tranche is the sum product of (i)
the probability of occurrence of each default scenario; and (ii)
the loss derived from the cash flow model in each default
scenario for each tranche.
As such, Moody's analysis encompasses the assessment of stressed
scenarios.
The rating addresses the expected loss posed to investors by the
legal final maturity of the notes. In Moody's opinion, the
structure allows for timely payment of interest and principal
with respect to the notes by the legal final maturity. Moody's
ratings only address the credit risk associated with the
transaction. Other non-credit risks have not been addressed, but
may have a significant effect on yield to investors.
As the Euro area crisis continues, the rating of the structured
finance notes remain exposed to the uncertainties of credit
conditions in the general economy. The deteriorating
creditworthiness of euro area sovereigns as well as the weakening
credit profile of the global banking sector could negatively
impact the ratings of the notes. Furthermore, as discussed in
Moody's special report "Rating Euro Area Governments Through
Extraordinary Times -- An Updated Summary," published in October
2011, Moody's is considering reintroducing individual country
ceilings for some or all euro area members, which could affect
further the maximum structured finance rating achievable in those
countries.
=========
S P A I N
=========
TREE INVERSIONES: Moody's Cuts Rating on Mezzanine Loan to 'B1'
---------------------------------------------------------------
Moody's Investors Service has downgraded and maintained on review
for possible downgrade the following commercial real estate loans
advanced to Tree Inversiones Inmobiliarias, S.A. (the
"Borrower"):
Issuer: BBVA EUR 1,251 million Secured Loans
EUR1,139.0 million Senior Loan maturing in September 2017,
Downgraded to Ba2 and Remains On Review for Possible
Downgrade; previously on Mar 13, 2012 A3 Placed Under Review
for Possible Downgrade
EUR112.2 million Mezzanine Loan maturing in May 2017,
Downgraded to B1 and Remains On Review for Possible
Downgrade; previously on Mar 13, 2012 Baa2 Placed Under
Review for Possible Downgrade
Ratings Rationale
The downgrade reflects Moody's increased loss expectation for the
loans since its last review in March 2012. This is primarily due
to a sharp increase in term risk resulting from the six-notch
downgrade of the sole tenant Banco Bilbao Vizcaya Argentaria,
S.A. ("BBVA") to Baa3 from Aa3 since the last review.
The term risk of both loans is linked to the credit strength of
BBVA due to its role as lease guarantor under the leases. However
further stress was applied because (i) no SPV structure in place
whereby the borrower is bankruptcy remote and (ii) given the
complex legal/tax structure, any adverse credit events occurring
beyond Moody's current expectations.
BBVA's rating is still on review for further possible downgrade.
Upon a downgrade of BBVA to Ba2 or lower, an LTV test will be
triggered with a breach resulting in a partial prepayment or
deposit made by the borrower in the rectification account (by
selling properties and repaying the senior loan or by sponsors
injecting equity). A failure to prepay or deposit will result in
a loan event of default. No cash flow analysis have been
conducted for the Mezzanine Loan as the rating is linked to its
recovery expectations given its ranking and the credit strength
of BBVA (but stressed because of the factors previously
mentioned). The Mezzanine Loan is expected to fully amortize by
its maturity date in May 2017, assuming funds are not switched
off due to a Senior Loan non-payment.
Moody's will conclude its review of the loans following the
conclusion of BBVA's rating review as well as clarification of
the impact of the above trigger on the Mezzanine loan.
The key parameters in Moody's analysis are the default
probability of the loans (both during the term and at maturity)
as well as Moody's value assessment for the properties securing
these loans. Moody's derives from those parameters a loss
expectation.
In general, Moody's analysis reflects a forward-looking view of
the likely range of commercial real estate collateral performance
over the medium term. From time to time, Moody's may, if
warranted, change these expectations. Performance that falls
outside an acceptable range of the key parameters such as
property value or loan refinancing probability for instance, may
indicate that the collateral's credit quality is stronger or
weaker than Moody's had anticipated when the related securities
ratings were issued. Even so, a deviation from the expected range
will not necessarily result in a rating action nor does
performance within expectations preclude such actions. There may
be mitigating or offsetting factors to an improvement or decline
in collateral performance, such as increased subordination levels
due to amortization and loan re- prepayments or a decline in
subordination due to realized losses.
Primary sources of assumption uncertainty are the current
stressed macro-economic environment and continued weakness in the
occupational and lending markets. Moody's anticipates (i) delayed
recovery in the lending market persisting through 2013, while
remaining subject to strict underwriting criteria and heavily
dependent on the underlying property quality, (ii) strong
differentiation between prime and secondary properties, with
further value declines expected for non-prime properties, and
(iii) occupational markets will remain under pressure in the
short term and will only slowly recover in the medium term in
line with anticipated economic recovery. Overall, Moody's central
global macroeconomic scenario is for a material slowdown in
growth in 2012 for most of the world's largest economies fueled
by fiscal consolidation efforts, household and banking sector
deleveraging and persistently high unemployment levels. Moody's
expects a mild recession in the Euro area.
As the Euro area crisis continues, the rating of the structured
finance notes remain exposed to the uncertainties of credit
conditions in the general economy. The deteriorating
creditworthiness of euro area sovereigns as well as the weakening
credit profile of the global banking sector could negatively
impact the ratings of the notes. Furthermore, as discussed in
Moody's special report "Rating Euro Area Governments Through
Extraordinary Times -- An Updated Summary," published in October
2011, Moody's is considering reintroducing individual country
ceilings for some or all euro area members, which could affect
further the maximum structured finance rating achievable in those
countries.
The principal methodology used in this rating was Moody's
Approach to Real Estate Analysis for CMBS in EMEA: Portfolio
Analysis (MoRE Portfolio) published in April 2006.
Other factors used in this rating are described in European CMBS:
2012 Central Scenarios published in February 2012.
The updated assessment is a result of Moody's on-going
surveillance of commercial mortgage backed securities (CMBS)
transactions. Moody's prior assessment is summarized in a press
release dated 13 March 2012. The last Performance Overview for
this transaction was published on 10 July 2012.
In rating this transaction, Moody's used both MoRE Portfolio and
MoRE Cash Flow to model the cash-flows and determine the loss for
the Senior Loan. MoRE Portfolio evaluates a loss distribution by
simulating the defaults and recoveries of the underlying Senior
Loan using a Monte Carlo simulation. This loss distribution, in
conjunction with the loss timing calculated in MoRE Portfolio is
then used in MoRE Cash Flow, where for each loss scenario on the
assets, the corresponding loss for the senior loan is calculated
taking into account structural features. As such, Moody's
analysis encompasses the assessment of stressed scenarios.
Moody's ratings are determined by a committee process that
considers both quantitative and qualitative factors. Therefore,
the rating outcome may differ from the model output.
* SPAIN: In Talks with Eurozone Partners Over Bailout Terms
-----------------------------------------------------------
Julien Toyer and Catherine Bremer at Reuters report that three
euro zone sources said on Thursday Spain is negotiating with euro
zone partners over conditions for aid to bring down its borrowing
costs, though the country has not made a final decision to request
a bailout.
The favored option being discussed is that the existing European
rescue fund, the EFSF, would purchase Spanish debt at primary
auctions while the European Central Bank would intervene in the
secondary market to lower yields, Reuters says.
No specific figure for aid has been discussed in the talks, which
started several weeks ago, one of the sources told Reuters.
According to Reuters, other senior euro zone sources were more
cautious, one saying nothing clear-cut had emerged on aid for
Spain, while another said no talks were going on at all.
Reuters relates that a spokeswoman for the economy ministry said
there was no change in the Spanish position, which is that it
would wait until the next meeting of the governing council of the
European Central Bank on September 6, hoping for details on how
the ECB plans to intervene, before deciding on any move.
The three sources who spoke with Reuters on Thursday said the
negotiations were focusing on the conditionality of the aid, which
will be included in a new memorandum of understanding.
Reuters notes that two of the sources said while there is a
political consensus that the conditions should be limited to what
is already included in the European recommendations to Spain,
which has pushed through a raft of painful austerity measures,
euro zone countries were insisting on setting up a tougher
schedule of monitoring for the reforms.
According to Reuters, one of the sources said that the ECB is
participating in the negotiations but will leave it up to member
states to decide on the strings attached to the aid.
===========
T U R K E Y
===========
* TURKEY: Fitch Sees Solid Progress in Economy
----------------------------------------------
Fitch Ratings says in a newly published report that the Turkish
economy is making solid progress in returning to a sustainable
growth rate, while narrowing the current account deficit (CAD)
and reducing inflation. However, its large external financing
requirement still leaves it vulnerable to adverse shocks to the
global financial environment.
The agency has previously identified achieving a soft landing of
the economy -- after it overheated and generated large
macroeconomic imbalances in 2011 -- as the main constraint on an
upgrade to investment grade. Further progress in navigating a
path back towards its potential growth rate, with inflation
falling toward its target rate and the CAD narrowing to a more
sustainable level could lead Fitch to upgrade Turkey's Long-term
Issuer Default Ratings to 'BBB-' from 'BB+'.
In Fitch's view, the Turkish economy overheated in 2011: GDP
growth was 10% in H111, the CAD hit 10% of GDP in 2011 and end-
year inflation was in double digits, leaving it with a challenge
of rebalancing, and vulnerable to a sharp correction (although
this was not the agency's base case).
GDP growth has slowed in each of the past five quarters and
contracted by 0.4% in Q112 (qoq seasonally adjusted, though was
still up 3.2% yoy). Fitch expects Turkey to avoid a formal
recession as more timely activity indicators suggest an increase
in GDP in Q212. Strong export growth is helping to offset a more
abrupt slowdown in domestic demand, as well as narrowing the
trade deficit. The agency forecasts GDP growth of 2.8% in 2012
and 4.5% in 2013.
A remarkable boom in exports to the Middle East and North Africa
(up 48% in H112 yoy) raised their share of the total to 36% in
June 2012, close to parity with the EU and more than offsetting a
drop in exports to the EU (by 6%). Iran and Iraq alone accounted
for nearly two-thirds of export growth, while gold exports surged
by 600% (probably to a large extent to Iran, where international
sanctions are biting). However, diversifying away from the EU to
such a volatile region, particularly Iran, may be a risky
strategy.
The sharp slowdown in domestic demand and strong export
performance reduced the CAD to US$63.5 billion in the 12 months
to June 2012, from a peak of US$78.6 billion in October 2011.
This is reducing risks to Turkey's creditworthiness. Fitch
forecasts a CAD of US$60 billion (7.5% of GDP) in 2012 and US$59
billion (6.6%) in 2013.
Despite global uncertainty, capital inflows have been more than
sufficient to finance the CAD and roll over Turkey's external
debt in 2012. Such resilience is especially impressive in light
of the funding strains and increasing home bias in the EU, which
is the source of 75% of the foreign direct investment stock and
83% of international bank lending. Furthermore, the mix of
financing has improved since mid-2011, with lower dependence on
short-term debt, portfolio inflows and the repatriation of
overseas assets.
Recent outturns show a cooling in inflation pressures, with
month-on-month declines in May, June and July. Fitch forecasts
the 12-month inflation rate to decline from its high rate of 9.1%
in July (core 7.5%) to 6.4% in December 2012 as large monthly
price increases in H211 drop out of the calculation.
Nonetheless, this would still be well above the central bank's
end-year inflation target of 5% and would be the fifth time in
seven years that it would have exceeded its target, underlining
the challenge of entrenching low inflation.
Notwithstanding the good progress towards a soft landing,
Turkey's CAD and external financing needs are still large,
leaving it vulnerable to a sudden stop in international capital
inflows for example, if there were material worsening in the
eurozone crisis. Exporters' exposure to Middle Eastern markets
also carries risks. Over the medium term, Turkey needs to raise
its domestic savings rate to help it to grow robustly without
generating imbalances and reduce its vulnerability to shocks.
===========================
U N I T E D K I N G D O M
===========================
DAWSON INTERNATIONAL: Gets Interest From 35 Potential Buyers
------------------------------------------------------------
Erikka Askeland at The Scotsman reports that administrators of
Dawson International have sent out detailed information packs to
35 potential buyers after receiving "strong interest" in the
firm's Hawick-based mill.
According to the Scotsman, the deadline for bids has been set for
this week, although Blair Nimmo, head of restructuring, said it
could take "some time" after the closing date strike a deal.
The business was put into administration earlier this month after
its owners received a demand from pensioners for GBP129 million to
close its pension deficit, putting 180 jobs at risk, the Scotsman
recounts. Previously the Pensions Regulator and the Pension
Protection Fund (PPF) had rejected a deal to let the owners keep
the business as a going concern while offloadfing the pension fund
to the PPF, the Scotsman notes.
Dawson International is a leading cashmere business. It comprises
two trading divisions, based in the UK and the USA. The UK
division comprises the Barrie Knitwear business, based in Hawick
Scotland. It manufactures highest quality cashmere garments at
its factory in the Scottish borders and sells to some of the
world's most prestigious couture houses, department stores and
private label retail outlets.
EUROPEAN PRIME NO. 1: S&P Withdraws 'D' Rating on Class D Notes
---------------------------------------------------------------
Standard & Poor's Ratings Services has withdrawn its credit
ratings on all of European Prime Real Estate No. 1 PLC's classes
of notes.
"The withdrawals follow the issuer's confirmation that the
remaining classes of notes in the transaction (scheduled to
mature in April 2014) prepaid at a loss on the July 2012 interest
payment date. As a result, we have withdrawn our ratings on all
of the classes of notes in the transaction," S&P said.
"The last remaining loan in the pool (the Lloyds Building loan)
was refinanced in May 2012. The transaction terminated on the
July 2012 interest payment date, when the issuer used the funds
to prepay in full the remaining class A, B and C notes," S&P
said.
"The class D notes did not repay in full because of pending
principal losses experienced on other loans (the Grays, Halton
Lea, and Normandy loans). In this transaction, principal losses
are only applied to the notes in reverse sequential order on the
final payment date. Only GBP1.1 million out of about GBP9.2
million was repaid," S&P said.
"European Prime Real Estate No. 1 was a 2005 vintage commercial
mortgage-backed securities (CMBS) transaction originally backed
by eight U.K. loans secured on 18 properties located throughout
the U.K," 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
Ratings Withdrawn
European Prime Real Estate No. 1 PLC
GBP347.758 Million Commercial Mortgage-Backed Floating-Rate Notes
A NR AA (sf)
B NR A+ (sf)
C NR BBB (sf)
D NR D (sf)
NR-Not rated.
GREENSTAR: In Receivership on EUR80 Million Bank Loan Default
------------------------------------------------------------
Belfast Telegraph reports that waste company Greenstar claimed
banks have demanded immediate payment of loans causing it to fall
into receivership.
It is understood the banks extended loan repayment periods on a
number of occasions over the last year, the report notes. The
firm's debts are in the region of EUR 83 million, according to
Belfast Telegraph.
"It is regrettable that [the banks] have chosen to take this
action at this time in respect of a business that had not missed
any scheduled repayments to its banks and was in a strong cash
position to continue trading for the foreseeable future," the
report quoted the company's board of directors as saying.
The Board said, the Belfast Telegraph relates, said it recognized
that further investment in the group was required and there had
been ongoing efforts to find an investor: "As a result of the
banks' action, the board regrettably has had no option but to
facilitate the banks in appointing a receiver in the hope that the
receiver will continue the business of the group and retain
existing staff . . . . The board will work hard with the receiver
to secure as many jobs and livelihoods of its staff and suppliers
as possible whilst maintaining the high standards of service
excellence our customers enjoy."
The report notes that David Carson, of Deloitte, has been
appointed as receiver and will run the business as a going concern
with a view to affecting a trade sale. It revealed a number of
parties have expressed interest in acquiring the business, the
report says.
The report discloses that in a statement, the NTR Group said
Greenstar Ireland, its board, management and shareholders have
made every effort to reach an agreement with the banks to secure
the future of the business and its employees. Greenstar claimed
its lenders gave no prior indication or notice of possible
receivership action and that directors had been working in good
faith with the banks, the report adds.
LONMIN PLC: Asks Lenders to Waive Banking Covenant Test
-------------------------------------------------------
Helen Power, Alastair Osborne and Helia Ebrahimi at The Sunday
Telegraph report that Lonmin has asked its lenders -- Lloyds
Banking Group, HSBC and Standard Chartered -- to waive a test of
banking covenants that it will breach following the collapse of
production at Marikana in the wake of violent clashes between
strikers and the police.
The request is part of broader negotiations to restructure
Lonmin's debt, which, if successful, could save shareholders from
an expensive rescue-rights issue, The Sunday Telegraph notes.
According to The Sunday Telegraph, sources close to the situation
described talks with lenders as "positive".
"I would hesitate to be too critical of the management in the
current situation. They had been making improvements," one top-
five shareholder told The Sunday Telegraph. "You would hope the
banks would be supportive. If they use this incident to try to
extract a huge fee for relaxing covenants, that would look
extremely negative. "However, the shareholder said he will not
back a rights issue until Lonmin stabilizes production and makes a
clear investment case."
It is believed that Lonmin has asked broker JPMorgan Cazenove to
begin preparation for a possible rights issue, The Sunday
Telegraph states.
Lonmin Plc is a United Kingdom-based company. The principal
activities of the Company during the fiscal year ended Sept. 30,
2011 (fiscal 2011), were mining, refining and marketing of
Platinum Group Metals (PGM).
MEDIA SHOP: Goes Into Administration, Leaves 20 Clients in Limbo
----------------------------------------------------------------
Katherine Levy at campaignlive.co.uk, reports that The Media Shop
has gone into administration, leaving more than 20 clients without
an agency.
Chantrey Vellacott DFK was appointed as the administrator earlier
this month.
"Times were hard and The Media Shop couldn't pay off all the debts
that they had built up," the report quoted an unnamed spokesman
for the accountancy firm as saying.
The report notes that while the administrator works on trying to
realize the assets of the company and return the best value to
creditors, clients with campaigns that are currently live,
including Florette and Miele, have been moved to TCS Media.
It is understood that the remaining 20-plus clients are not yet
assigned to new shops, the report says.
The report recalls that in 2005, company the managing partners,
John Alligan, Sue Fernando-Solini, Richard Huglin and Melanie
Levene, staged a management buyout of the agency. The partners
are currently acting as consultants for The Media Shop's clients,
the report relates.
About Media Shop
London-based The Media Shop was founded in 1979. It is a media
planning and buying agency, which has combined billings of around
GBP20 million, handles clients including Florette, Miele, Space
NK, Fitness First, TM Lewin, Henkel and Ryman.
MOUCHEL GROUP: Set to Enter Into Pre-Pack Administration
--------------------------------------------------------
Perry Gourley at The Scotsman reports that Mouchel Group is
expected to be acquired by its lenders -- including RBS and Lloyds
-- in a pre-pack administration after shareholders on Friday
failed to back a last-ditch restructuring.
Mouchel had warned it would collapse unless investors agreed to
give banks shares in return for wiping out a large chunk of its
GBP140 million debt mountain, the Scotsman relates.
But the proposals failed to garner the required 75% support of
shareholders, triggering alternative plans for administrators to
sell its assets to affiliates of lenders RBS, Lloyds Banking Group
and Barclays along with management, the Scotsman notes.
The Scotsman notes that Mouchel Chief executive Grant Rumbles said
although shareholders will see their stakes wiped out, the deal
will preserve the company's 8,000 jobs and allow it to honor its
contracts.
Mouchel's woes were compounded last year when Richard Cuthbert
resigned as chief executive after the company revealed a GBP4.3
million accounting error, the Scotsman recounts.
Mouchel Group plc -- http://www.mouchel.com/-- is a consulting
and business services company supporting clients in developing
and managing their infrastructure assets. The Company operates
in three segments: Government Services, Regulated Industries and
Highways.
UNITED CARPETS: Shares Suspended From Trading
---------------------------------------------
The Scotsman reports that shares in United Carpets were suspended
from trading on Friday as the troubled retailer announced it was
closing six stores following "very challenging" conditions.
According to the Scotsman, the firm also said 17 franchised
outlets were either being taken back into the group or
refranchised, and it was speaking to landlords in a bid to have
its rents reduced.
As a result of the review, the firm will take a GBP1 million hit
and has been forced to spend trading of its shares on Aim because
it will not be able to publish its annual results before a Sept.
30 deadline, the Scotsman discloses.
United Carpets is a Rotherham-based firm, which ran 85 stores
across the Midlands and northern England.
* Fitch Cuts 2 Tranches & Affirms 25 Tranches of 9 SF CDO Deals
---------------------------------------------------------------
Fitch Ratings has downgraded two tranches and affirmed 25
tranches of nine European structured finance collateralized debt
obligation (SF CDO) transactions.
Fitch believes the affected transactions are highly distressed,
as reflected by the highest rating of 'CCsf' in the transactions.
Their performance has been in line with Fitch's expectations
since the last review between September and October 2011. Fitch
has therefore affirmed the majority of the tranches, generally at
the low ratings of 'CCsf' and below. Fitch views the default of
any tranche rated 'Csf' as unavoidable.
Fitch has downgraded two tranches to 'Dsf' following write downs
of the notes.
Brooklands Euro Referenced Linked Notes 2002-1 Ltd
-- Class A (ISIN XS0148886913): affirmed at 'CCsf'
-- Class B1 (ISIN XS0148887481): affirmed at 'Csf'
-- Class B2 (ISIN XS0148887721): affirmed at 'Csf'
-- Class C (ISIN XS0148887994): affirmed at 'Csf'
-- Class D (ISIN XS0148888703): downgraded to 'Dsf' from 'Csf'
-- Class E1 (ISIN XS0148888703): affirmed at 'Dsf'
-- Class E2 (ISIN XS0148889180): affirmed at 'Dsf'
-- Class G1 (ISIN XS0148948291): affirmed at 'Csf'
Brooklands Euro Referenced Linked Notes 2005-1 Ltd
-- Class D1 (ISIN XS0226777133): affirmed at 'Csf'
-- Class D2 (ISIN XS0226777216): affirmed at 'Csf'
-- Class E (ISIN XS0226777729): affirmed at 'Dsf'
Cloverie Plc Series 2004-72
-- Series 2004-72 (ISIN XS0205981581): affirmed at 'CCsf'
Cloverie Plc Series 2004-77
-- Series 2004-77 (ISIN XS0207605162): affirmed at 'CCsf'
Cloverie's Series 2005-04
-- Series 2005-04 (ISIN XS0212294077): affirmed at 'CCsf'
Delta CDO Series plc 2005-1
-- Class B (ISIN XS0218111739): affirmed at 'Csf'
-- Class C (ISIN XS0218113198): affirmed at 'Csf'
-- Class D (ISIN XS0218113602): affirmed at 'Csf'
Delta CDO plc Series 2005-2
-- Class B-1 (ISIN US24741NAD57): affirmed at 'Csf'
-- Class C-1 (ISIN US24741NAE31): affirmed at 'Csf'
-- Class E-1 (ISIN US24741NAG88): affirmed at 'Csf'
High Tide CDO I S.A.
-- Class A (ISIN XS0169669081): affirmed at 'CCsf'
-- Class B (ISIN XS0169669164): affirmed at 'CCsf'
-- Class C (ISIN XS0169669248): affirmed at 'Csf'
Tempo CDO 1 Ltd
-- Class A (ISIN XS0179909774): affirmed at 'Csf'
-- Class B (ISIN XS0179909931): affirmed at 'Csf'
-- Class C (ISIN XS0179910517): downgraded to 'Dsf' from 'Csf'
-- Class D (ISIN XS0179910780): affirmed at 'Dsf'
===============
X X X X X X X X
===============
* S&P 2012 Corporate Default Tally of 53 Matches Last Year's
------------------------------------------------------------
Earlier last week, the 2012 global corporate default tally
increased to 53 -- the same count as the full-year 2011 total --
after Standard & Poor's Ratings Services lowered its corporate
credit rating on U.S. long-term acute care hospital operator
LifeCare Holdings Inc. to 'D', said an article published Aug. 23
by Standard & Poor's Global Fixed Income Research, titled "The
2012 Global Corporate Default Count Now Matches the Year-End 2011
Total."
The rating action followed the company's missed interest payment
on its $119.3 million outstanding senior subordinated notes. By
region, 29 of the 53 defaulters were based in the U.S., 14 in the
emerging markets, seven in Europe, and three in the other
developed region (Australia, Canada, Japan, and New Zealand). In
comparison, the 2011 total (through Aug. 22) was 27, with 18 based
in the U.S., two in the emerging markets, two in Europe, and five
in the other developed region.
So far this year, bankruptcy filings accounted for 15 defaults,
missed payments for 15; distressed exchanges for 10, and eight
were confidential. The remaining five entities defaulted for
various other reasons. In 2011, 21 issuers defaulted because of
missed interest or principal payments, and 13 because of
bankruptcy filings -- both of which were among the top reasons for
defaults in 2010. Distressed exchanges -- another top reason for
default in 2010 -- followed with 11 defaults in 2011. Of the
remaining defaults, two issuers failed to finalize refinancing on
bank loans, two were subject to regulatory action, one had its
banking license revoked by its country's central bank, one was
appointed a receiver, and two were confidential.
* BOND PRICING: For the Week August 20 to August 24, 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
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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
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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
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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
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CLARIDEN LEU NAS 18.000 12/28/2012 USD 70.32
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CLARIDEN LEU NAS 0.000 1/24/2013 CHF 58.54
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CLARIDEN LEU NAS 20.000 2/27/2013 USD 72.31
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CLARIDEN LEU NAS 12.500 3/1/2013 USD 67.26
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CLARIDEN LEU NAS 0.000 3/25/2013 CHF 47.80
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CLARIDEN LEU NAS 6.500 4/26/2013 CHF 47.02
CLARIDEN LEU NAS 0.000 5/31/2013 CHF 60.03
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CLARIDEN LEU NAS 7.000 7/22/2013 CHF 58.38
CLARIDEN LEU NAS 0.000 8/26/2013 EUR 70.12
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CLARIDEN LEU NAS 3.250 9/16/2013 CHF 39.01
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CLARIDEN LEU NAS 0.000 9/23/2013 CHF 40.84
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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
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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
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CRED SUIS NY 8.000 8/3/2012 USD 27.47
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CREDIT SUISSE LD 1.640 6/1/2042 USD 49.50
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UBS AG 10.000 8/2/2012 CHF 46.35
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UBS AG 11.650 8/31/2012 USD 15.65
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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
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UBS AG 10.500 9/3/2012 EUR 66.94
UBS AG 10.830 9/3/2012 EUR 60.47
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UBS AG 13.000 9/21/2012 EUR 47.40
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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
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UBS AG 10.930 10/1/2012 EUR 23.83
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UBS AG 11.330 10/1/2012 EUR 23.89
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UBS AG 11.460 10/1/2012 EUR 23.95
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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
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UBS AG 8.730 10/1/2012 EUR 25.58
UBS AG 8.850 10/1/2012 EUR 61.02
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UBS AG 8.910 10/1/2012 EUR 23.55
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UBS AG 9.110 10/1/2012 EUR 61.06
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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
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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
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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
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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
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UBS AG 7.620 10/1/2012 EUR 25.41
UBS AG 7.660 10/1/2012 EUR 23.35
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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
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UBS AG 8.090 10/1/2012 EUR 46.91
UBS AG 8.200 10/1/2012 EUR 60.92
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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
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UBS AG 7.700 11/1/2012 EUR 67.22
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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
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UBS AG 8.280 11/12/2012 EUR 64.50
UBS AG 7.570 11/12/2012 EUR 71.11
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UBS AG 8.280 11/12/2012 EUR 64.50
UBS AG 12.000 11/12/2012 EUR 69.54
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UBS AG 13.560 11/12/2012 EUR 32.60
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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
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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
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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
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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
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UBS AG 8.100 3/7/2013 CHF 68.40
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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
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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
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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
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BARCLAYS BK PLC 12.000 9/28/2012 EUR 60.41
BARCLAYS BK PLC 8.000 9/28/2012 USD 10.73
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BARCLAYS BK PLC 8.250 12/14/2012 EUR 71.03
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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
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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 * * *